Consolidated Balance Sheets - USD ($) $ in Millions		Dec. 31, 2019	Dec. 31, 2018
Current assets:
Cash and cash equivalents		$ 1,527	$ 1,687
Receivables, less allowance for doubtful accounts of $17 and $9, respectively		7,872	5,853
Inventories		10,243	9,837
Other current assets		528	646
Total current assets		20,170	18,023
Equity method investments		6,898	5,898
Property, plant and equipment, net		45,615	45,058
Goodwill		20,040	20,184
Right of use assets	[1]	2,459	0
Other noncurrent assets		3,374	3,777
Total assets		98,556	92,940
Current liabilities:
Accounts payable		11,623	9,366
Payroll and benefits payable		1,126	1,152
Accrued taxes		1,186	1,446
Debt due within one year		711	544
Operating lease liabilities	[1]	604	0
Other current liabilities		897	708
Total current liabilities		16,147	13,216
Long-term debt		28,127	26,980
Deferred income taxes		6,392	4,864
Defined benefit postretirement plan obligations		1,643	1,509
Long-term operating lease liabilities	[1]	1,875	0
Deferred credits and other liabilities		1,265	1,318
Total liabilities		55,449	47,887
Commitments and contingencies (see Note 26)
Redeemable noncontrolling interest		968	1,004
MPC stockholders’ equity:
Preferred stock, no shares issued and outstanding (par value $0.01 per share, 30 million shares authorized)		0	0
Common stock:
Issued – 978 million and 975 million shares (par value $0.01 per share, 2 billion shares authorized)		10	10
Held in treasury, at cost – 329 million and 295 million shares		(15,143)	(13,175)
Additional paid-in capital		33,157	33,729
Retained earnings		15,990	14,755
Accumulated other comprehensive loss		(320)	(144)
Total MPC stockholders’ equity		33,694	35,175
Noncontrolling interests		8,445	8,874
Total equity		42,139	44,049
Total liabilities, redeemable noncontrolling interest and equity		$ 98,556	$ 92,940

[1] We adopted ASU No. 2016-02, Leases (“ASC 842”), as of January 1, 2019. See Notes 3 and 25 for further information.