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Commitments, Contingencies and Guarantees (Tables)
12 Months Ended
Dec. 31, 2024
Commitments, Contingencies and Guarantees  
Schedule of commitments

Future payments under the company’s commitments, including service arrangements for pipeline transportation agreements and for other property and equipment, are as follows:

Payment Due by Period

 

($ millions)

2025

2026

2027

2028

2029

Thereafter

Total

 

Commitments

Product transportation and storage

 

1 736

1 499

1 471

1 439

1 331

10 989

 

18 465

Energy services

 

116

146

88

37

22

23

 

432

Exploration work commitments

 

53

1

-

-

-

517

 

571

Other

 

302

197

133

42

43

176

 

893

 

2 207

 

1 843

 

1 692

 

1 518

 

1 396

 

11 705

 

20 361