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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Revenues and other income:      
Sales and other operating revenues $ 138,864 $ 148,379 $ 177,453
Income from equity method investments 1,048 742 655
Net gain on disposal of assets 28 217 1,061
Other income 472 969 783
Revenues and other income 140,412 150,307 179,952
Costs and expenses:      
Cost of revenues (excludes items below) 126,240 128,566 151,671
Depreciation and amortization 3,337 3,307 3,215
Selling, general and administrative expenses 3,221 3,039 2,772
Other taxes 818 881 825
Total costs and expenses 133,616 135,793 158,483
Income from continuing operations 6,796 14,514 21,469
Net interest and other financial costs 839 525 1,000
Income from continuing operations before income taxes 5,957 13,989 20,469
Provision for income taxes on continuing operations 890 2,817 4,491
Income from continuing operations, net of tax 5,067 11,172 15,978
Income from discontinued operations, net of tax 0 0 72
Net income 5,067 11,172 16,050
Less net income attributable to:      
Redeemable noncontrolling interest 27 94 88
Noncontrolling interests 1,595 1,397 1,446
Net income attributable to MPC $ 3,445 $ 9,681 $ 14,516
Basic:      
Continuing operations $ 10.11 $ 23.73 $ 28.17
Discontinued operations 0 0 0.14
Net income per share $ 10.11 $ 23.73 $ 28.31
Weighted average shares outstanding 340 407 512
Diluted:      
Continuing operations $ 10.08 $ 23.63 $ 27.98
Discontinued operations 0 0 0.14
Net income per share $ 10.08 $ 23.63 $ 28.12
Weighted average shares outstanding 341 409 516