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CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
CURRENT ASSETS    
Cash and cash equivalents $ 2,021 $ 3,032
Restricted cash and restricted cash equivalents 242 480
Trade receivables, net 2,458 6,373
Inventories 1,436 1,447
Other current assets 2,220 1,323
Assets Held-for-sale, Not Part of Disposal Group, Current 5,732 6,026
Total current assets 14,109 18,681
INVESTMENTS IN UNCONSOLIDATED ENTITIES 6,050 6,389
PROPERTY, PLANT AND EQUIPMENT 123,462 122,347
Accumulated depreciation, depletion and amortization (44,389) (41,878)
PROPERTY, PLANT AND EQUIPMENT, net of accumulated depreciation, depletion and amortization 79,073 80,469
OPERATING LEASE ASSETS 1,193 1,385
LONG-TERM RECEIVABLES AND OTHER ASSETS, NET 1,218 2,406
Assets, Total 101,643 109,330
CURRENT LIABILITIES    
Current maturities of long-term debt 2,464 51
Current operating lease liabilities 453 569
Accounts payable 3,845 7,017
Accrued liabilities 3,310 5,302
Liabilities of assets held for sale 1,891 2,010
Total current liabilities 11,963 14,949
LONG-TERM DEBT, NET    
Long-term Debt, Excluding Current Maturities 36,058 38,537
DEFERRED CREDITS AND OTHER LIABILITIES    
Deferred income taxes, net 9,403 9,717
Asset retirement obligations 4,428 4,385
Pension and postretirement obligations 1,968 1,807
Environmental remediation liabilities 1,017 1,035
Operating lease liabilities 768 854
Other 4,743 3,814
Total deferred credits and other liabilities 22,327 21,612
STOCKHOLDERS' EQUITY    
Preferred stock at par value, 100,000 shares at March 31, 2020 and December 31, 2019 9,762 9,762
Common stock at par value, 1,048,430,898 issued shares at March 31, 2020 and 1,044,434,893 shares at December 31, 2019 210 209
Treasury stock, 148,416,051 shares at March 31, 2020 and 150,323,151 shares at December 31, 2019 (10,653) (10,653)
Additional paid-in capital 15,081 14,955
Retained earnings 17,229 20,180
Accumulated other comprehensive loss (334) (221)
Total stockholders' equity 31,295 34,232
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 101,643 109,330
Oil and gas segment    
CURRENT ASSETS    
PROPERTY, PLANT AND EQUIPMENT 107,014 105,881
Chemical segment    
CURRENT ASSETS    
PROPERTY, PLANT AND EQUIPMENT 7,187 7,172
Midstream and marketing segment    
CURRENT ASSETS    
PROPERTY, PLANT AND EQUIPMENT 8,189 8,176
Corporate    
CURRENT ASSETS    
PROPERTY, PLANT AND EQUIPMENT $ 1,072 $ 1,118