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Financial Instruments and Risk Management (Tables)
12 Months Ended
Dec. 31, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments The carrying amount and fair value of our total debt is as follows:
December 31, 2025
December 31, 2024
Millions of dollars
Level 1
Level 2
Total fair
value
Carrying
value
Level 1
Level 2
Total fair
value
Carrying
value
Total debt
$6,722
$357
$7,079
$7,158
$4,503
$2,825
$7,328
$7,541