Consolidated Condensed Balance Sheets - USD ($) $ in Millions		Sep. 30, 2023	Dec. 31, 2022
CURRENT ASSETS
Cash and cash equivalents		$ 611	$ 984
Trade receivables, net of reserves of $24 in 2023 and $37 in 2022		3,674	4,281
Inventories		1,975	2,059
Other current assets		2,006	1,562
Total current assets		8,266	8,886
INVESTMENTS IN UNCONSOLIDATED ENTITIES		3,320	3,176
PROPERTY, PLANT AND EQUIPMENT
Gross property, plant and equipment		124,941	120,734
Accumulated depreciation, depletion and amortization		(66,671)	(62,350)
Net property, plant and equipment		58,270	58,384
OPERATING LEASE ASSETS		854	903
LONG-TERM RECEIVABLES AND OTHER ASSETS, NET		1,117	1,260
TOTAL ASSETS		71,827	72,609
CURRENT LIABILITIES
Current maturities of long-term debt	[1]	1,224	165
Current operating lease liabilities		312	273
Accounts payable		3,908	4,029
Accrued liabilities		3,497	3,290
Total current liabilities		8,941	7,757
LONG-TERM DEBT, NET
Long-term debt, net	[2]	18,597	19,670
DEFERRED CREDITS AND OTHER LIABILITIES
Deferred income taxes, net		5,666	5,512
Asset retirement obligations		3,636	3,636
Pension and postretirement obligations		910	1,055
Environmental remediation liabilities		860	905
Operating lease liabilities		577	657
Other		3,328	3,332
Total deferred credits and other liabilities		14,977	15,097
STOCKHOLDERS' EQUITY
Preferred stock, at $1.00 per share par value: 2023 — 84,897 shares and 2022 —100,000 shares	[3]	8,287	9,762
Common stock, at $0.20 per share par value, authorized shares: 1.5 billion, issued shares: 2023 — 1,105,568,314 shares and 2022 — 1,098,512,626 shares		221	220
Treasury stock: 2023 — 227,866,830 shares and 2022 — 198,653,682 shares		(15,573)	(13,772)
Additional paid-in capital		17,326	17,181
Retained earnings		18,758	16,499
Accumulated other comprehensive income		293	195
Total stockholders' equity		29,312	30,085
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY		71,827	72,609
Corporate
PROPERTY, PLANT AND EQUIPMENT
Gross property, plant and equipment		1,011	889
Oil and gas | Operating segments
PROPERTY, PLANT AND EQUIPMENT
Gross property, plant and equipment		107,888	104,487
Chemical | Operating segments
PROPERTY, PLANT AND EQUIPMENT
Gross property, plant and equipment		8,049	7,808
Midstream and marketing | Operating segments
PROPERTY, PLANT AND EQUIPMENT
Gross property, plant and equipment		$ 7,993	$ 7,550

[1] Included $169 million and $143 million of current finance lease liabilities as of September 30, 2023 and December 31, 2022, respectively.

[2] Included $593 million and $546 million of finance lease liabilities as of September 30, 2023 and December 31, 2022, respectively.

[3] See Note 9 - Earnings Per Share and Stockholders' Equity in the notes to the Consolidated Condensed Financial Statements in Part I, Item 1 of this Form 10-Q.