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CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2018
Dec. 31, 2017
CURRENT ASSETS    
Cash and cash equivalents $ 1,362 $ 1,672
Trade receivables, net 5,521 4,145
Inventories 1,347 1,246
Assets held for sale 1,664 474
Other current assets 1,096 733
Total current assets 10,990 8,270
INVESTMENTS IN UNCONSOLIDATED ENTITIES 1,551 1,515
PROPERTY, PLANT AND EQUIPMENT, net of accumulated depreciation, depletion and amortization of $40,782 at June 30, 2018, and $39,072 at December 31, 2017 30,432 31,174
LONG-TERM RECEIVABLES AND OTHER ASSETS, NET 1,094 1,067
TOTAL ASSETS 44,067 42,026
CURRENT LIABILITIES    
Current maturities of long-term debt   500
Accounts payable 5,412 4,408
Accrued liabilities 2,521 2,492
Liabilities held for sale 145  
Total current liabilities 8,078 7,400
LONG-TERM DEBT, NET 10,312 9,328
DEFERRED CREDITS AND OTHER LIABILITIES    
Deferred domestic and foreign income taxes 738 581
Asset retirement obligations 1,244 1,241
Pension and postretirement obligations 1,010 1,005
Environmental remediation reserves 731 728
Other 1,023 1,171
Total deferred credits and other liabilities 4,746 4,726
STOCKHOLDERS' EQUITY    
Common stock, at par value (894,243,621 shares at June 30, 2018 and 893,468,707 shares at December 31, 2017) 179 179
Treasury stock (129,562,168 shares at June 30, 2018, and 128,364,195 shares at December 31, 2017) (9,268) (9,168)
Additional paid-in capital 7,967 7,884
Retained earnings 22,361 21,935
Accumulated other comprehensive loss (308) (258)
Total stockholders' equity 20,931 20,572
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 44,067 $ 42,026