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Inventories
3 Months Ended
Mar. 31, 2020
Inventory Disclosure [Abstract]  
Inventories

 3.  Inventories

Inventories consisted of the following:

 

 

 

March 31,

 

 

December 31,

 

 

 

2020

 

 

2019

 

 

 

(In millions)

 

Crude oil and natural gas liquids

 

$

74

 

 

$

92

 

Materials and supplies

 

 

156

 

 

 

169

 

Total Inventories

 

$

230

 

 

$

261

 

In the first quarter of 2020, we recognized charges of $53 million ($52 million after income taxes) recorded in Marketing, including purchased oil and gas to reflect crude oil inventories at quarter-end market value.