Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Jun. 30, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 28	$ 27
Income tax receivable	2	2
Derivative instruments	15	18
Prepaid expenses and other current assets	6	11
Total current assets	443	238
Property:
Oil and natural gas interests, full cost method of accounting ($3,873 and $2,180 excluded from depletion at June 30, 2025 and December 31, 2024, respectively)	10,560	5,713
Land	6	6
Accumulated depletion and impairment	(1,272)	(1,081)
Property, net	9,294	4,638
Deferred income taxes (net of allowances)	42	185
Other assets	9	8
Total assets	9,788	5,069
Current liabilities:
Accounts payable—related party	0	2
Accrued liabilities	66	43
Derivative instruments	2	2
Income taxes payable	4	2
Total current liabilities	72	49
Long-term debt, net	1,098	1,083
Derivative instruments	7	0
Other long-term liabilities	0	30
Total liabilities	1,177	1,162
Commitments and contingencies (Note 12)
Stockholders’ equity:
Additional paid-in capital	3,350	1,569
Retained earnings (accumulated deficit)	70	118
Total Viper Energy, Inc. stockholders’ equity	3,420	1,687
Non-controlling interest	5,191	2,220
Total equity	8,611	3,907
Total liabilities and stockholders’ equity	9,788	5,069
Common Class A
Stockholders’ equity:
Common stock	0	0
Common Class B
Stockholders’ equity:
Common stock	0	0
Nonrelated Party
Current assets:
Royalty income receivable	203	149
Related Party
Current assets:
Royalty income receivable	$ 189	$ 31