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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2018
Dec. 31, 2017
CURRENT ASSETS    
Cash and cash equivalents $ 3,033 $ 1,672
Trade receivables, net of reserves of $21 in 2018 and $16 in 2017 4,893 4,145
Inventories 1,260 1,246
Assets held for sale 0 474
Other current assets 746 733
Total current assets 9,932 8,270
INVESTMENTS    
Investment in unconsolidated entities 1,680 1,515
PROPERTY, PLANT AND EQUIPMENT    
Oil and gas segment 58,799 53,409
Chemical segment 7,001 6,847
Midstream and marketing segment 8,070 9,493
Corporate 550 497
GROSS PROPERTY, PLANT AND EQUIPMENT 74,420 70,246
Accumulated depreciation, depletion and amortization (42,983) (39,072)
Property, plant and equipment, net 31,437 31,174
LONG-TERM RECEIVABLES AND OTHER ASSETS, NET 805 1,067
TOTAL ASSETS 43,854 42,026
CURRENT LIABILITIES    
Current maturities of long-term debt 116 500
Accounts payable 4,885 4,408
Accrued liabilities 2,411 2,492
Total current liabilities 7,412 7,400
LONG-TERM DEBT, NET 10,201 9,328
DEFERRED CREDITS AND OTHER LIABILITIES    
Deferred domestic and foreign income taxes, net 907 581
Asset retirement obligations 1,424 1,241
Pension and postretirement obligations 809 1,005
Environmental remediation reserves 762 728
Other 1,009 1,171
Total deferred credits and other liabilities 4,911 4,726
STOCKHOLDERS' EQUITY    
Common stock, $0.20 per share par value, authorized shares: 1.1 billion, issued shares: 2018 — 895,115,637 and 2017 — 893,468,707 179 179
Treasury stock: 2018 — 145,726,051 shares and 2017 — 128,364,195 shares (10,473) (9,168)
Additional paid-in capital 8,046 7,884
Retained earnings 23,750 21,935
Accumulated other comprehensive loss (172) (258)
Total stockholders' equity 21,330 20,572
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 43,854 $ 42,026