XML 46 R35.htm IDEA: XBRL DOCUMENT v3.25.3
SUPPLEMENTAL ACCOUNT BALANCES (Tables)
 9 Months Ended
Sep. 30, 2025
SUPPLEMENTAL INFORMATION [Abstract]  
Schedule of Disaggregated Revenue The following table provides disaggregated revenue for sales of produced oil, natural gas and natural gas liquids to customers:
Three months ended
September 30,		Nine months ended
September 30,
2025202420252024
(in millions)(in millions)
Oil$653 $804 $2,033 $1,505 
Natural gas26 22 73 68 
Natural gas liquids
36 44 125 138 
Oil, natural gas and natural gas liquids sales
$715 $870 $2,231 $1,711 
The following table provides disaggregated revenue for sales to customers related to our marketing activities:
Three months ended
September 30,		Nine months ended
September 30,
2025202420252024
(in millions)(in millions)
Oil$20 $25 $66 $73 
Natural gas38 26 106 97 
Natural gas liquids— — 6 6 
Revenue from marketing of purchased commodities
$58 $51 $178 $176 
Schedule of Inventories Inventory, by category, is as follows:
September 30,December 31,
20252024
(in millions)
Materials and supplies$89 $86 
Finished goods5 4 
Inventory
$94 $90 
Schedule of Other Current Assets, Net Other current assets, net include the following:
September 30,December 31,
20252024
(in millions)
Net amounts due from joint interest partners(a)
$40 $41 
Fair value of commodity derivative contracts77 14 
Prepaid expenses17 28 
Greenhouse gas allowances2 27 
Income tax receivable51 50 
Other16 16 
Other current assets, net$203 $176 
(a)The amounts due from joint interest partners include insignificant amounts of allowances for credit losses for each period presented.
Schedule of Other Noncurrent Assets Other noncurrent assets include the following:
September 30,December 31,
20252024
(in millions)
Operating lease right-of-use assets$95 $105 
Deferred financing costs - Revolving Credit Facility21 23 
Emission reduction credits 11 11 
Fair value of commodity derivative contracts26 16 
Funded pension
73 67 
Postretirement plan
14 13 
Other
40 37 
Other noncurrent assets$280 $272 
Schedule of Accrued Liabilities Accrued liabilities include the following:
September 30,December 31,
20252024
(in millions)
Compensation-related liabilities$101 $177 
Taxes other than on income95 100 
Asset retirement obligations - current portion
135 134 
Operating lease liability22 15 
Fair value of derivative contracts17 50 
Premiums due on commodity derivative contracts19 14 
Advanced payments
14 25 
Payable to the former owners of Aera
9 29 
Other67 67 
 Accrued liabilities$479 $611 
Schedule of Other Long-term Liabilities Other long-term liabilities include the following:
September 30,December 31,
20252024
(in millions)
Compensation-related liabilities$46 $50 
Postretirement and pension benefit plans56 59 
Operating lease liability67 76 
Fair value of commodity derivative contracts
15 45 
Contingent liability (Note 3 Investments and Related Party Transactions)
115 107 
Other26 40 
Other long-term liabilities$325 $377