Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 1,690	$ 1,527
Receivables, less allowance for doubtful accounts of $18 and $17, respectively	5,583	7,479
Inventories	7,445	10,243
Other current assets	975	921
Total current assets	15,693	20,170
Equity method investments	5,656	6,898
Property, plant and equipment, net	45,333	45,615
Goodwill	12,710	20,040
Right of use assets	2,562	2,459
Other noncurrent assets	4,363	3,374
Total assets	86,317	98,556
Current liabilities:
Accounts payable	8,106	11,623
Payroll and benefits payable	1,107	1,126
Accrued taxes	1,098	1,186
Debt due within one year	1,710	711
Operating lease liabilities	630	604
Other current liabilities	918	897
Total current liabilities	13,569	16,147
Long-term debt	29,899	28,127
Deferred income taxes	5,772	6,392
Defined benefit postretirement plan obligations	1,703	1,643
Long-term operating lease liabilities	1,949	1,875
Deferred credits and other liabilities	1,229	1,265
Total liabilities	54,121	55,449
Commitments and contingencies (see Note 22)
Redeemable noncontrolling interest	968	968
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 – 979 million and 978 million shares (par value $0.01 per share, 2 billion shares authorized)	10	10
Held in treasury, at cost – 329 million and 329 million shares	(15,145)	(15,143)
Additional paid-in capital	33,169	33,157
Retained earnings	6,380	15,990
Accumulated other comprehensive loss	(326)	(320)
Total MPC stockholders’ equity	24,088	33,694
Noncontrolling interests	7,140	8,445
Total equity	31,228	42,139
Total liabilities, redeemable noncontrolling interest and equity	$ 86,317	$ 98,556