CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($) $ in Millions		Sep. 30, 2022	Dec. 31, 2021
CURRENT ASSETS
Cash and cash equivalents		$ 1,233	$ 2,764
Trade receivables, net		4,046	4,208
Inventories		1,937	1,846
Assets held for sale		0	72
Other current assets		1,533	1,321
Total current assets		8,749	10,211
INVESTMENTS IN UNCONSOLIDATED ENTITIES		3,156	2,938
PROPERTY, PLANT AND EQUIPMENT
Gross property, plant and equipment		119,454	118,157
Accumulated depreciation, depletion and amortization		(61,183)	(58,227)
Net property, plant and equipment		58,271	59,930
OPERATING LEASE ASSETS		825	726
LONG-TERM RECEIVABLES AND OTHER ASSETS, NET		1,143	1,231
TOTAL ASSETS		72,144	75,036
CURRENT LIABILITIES
Current maturities of long-term debt	[1]	546	186
Current operating lease liabilities		248	186
Accounts payable		3,715	3,899
Accrued liabilities		3,426	4,046
Liabilities of assets held for sale		0	7
Total current liabilities		7,935	8,324
LONG-TERM DEBT, NET
Long-term debt, net	[2]	20,478	29,431
DEFERRED CREDITS AND OTHER LIABILITIES
Deferred income taxes, net		5,304	7,039
Asset retirement obligations		3,553	3,687
Pension and postretirement obligations		1,427	1,540
Environmental remediation liabilities		893	944
Operating lease liabilities		616	585
Other		3,218	3,159
Total deferred credits and other liabilities		15,011	16,954
STOCKHOLDERS' EQUITY
Preferred stock, at $1.00 per share par value (100,000 shares as of September 30, 2022 and December 31, 2021)		9,762	9,762
Common stock, at $0.20 per share par value, authorized shares: 1.5 billion, issued shares: 2022 — 1,098,408,209 shares and 2021 — 1,083,423,094 shares		220	217
Treasury stock: 2022 — 190,330,448 shares and 2021 — 149,348,394 shares		(13,192)	(10,673)
Additional paid-in capital		17,129	16,749
Retained earnings		14,888	4,480
Accumulated other comprehensive loss		(87)	(208)
Total stockholders' equity		28,720	20,327
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY		72,144	75,036
Corporate
PROPERTY, PLANT AND EQUIPMENT
Gross property, plant and equipment		864	964
Oil and gas | Operating segments
PROPERTY, PLANT AND EQUIPMENT
Gross property, plant and equipment		103,236	101,251
Chemical | Operating segments
PROPERTY, PLANT AND EQUIPMENT
Gross property, plant and equipment		7,685	7,571
Midstream and marketing | Operating segments
PROPERTY, PLANT AND EQUIPMENT
Gross property, plant and equipment		$ 7,669	$ 8,371

[1] Included $141 million and $85 million of current finance lease liabilities as of September 30, 2022 and December 31, 2021, respectively.

[2] Included $552 million and $504 million of finance lease liabilities as of September 30, 2022 and December 31, 2021, respectively.