XML 86 R64.htm IDEA: XBRL DOCUMENT v3.24.0.1
DERIVATIVES - FAIR VALUE (Details) - Marketing Derivatives - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Gross and net fair values of outstanding derivatives (in millions)    
Collateral deposited with clearinghouses and brokers $ 42 $ 15
Other current assets    
Gross and net fair values of outstanding derivatives (in millions)    
Netting, asset (1,009) (980)
Total fair value, asset 99 67
Long-term receivables and other assets, net    
Gross and net fair values of outstanding derivatives (in millions)    
Netting, asset (43) (1)
Total fair value, asset 5 2
Accrued liabilities    
Gross and net fair values of outstanding derivatives (in millions)    
Netting, liability 1,009 980
Total fair value, liability (22) (54)
Deferred credits and other liabilities - other    
Gross and net fair values of outstanding derivatives (in millions)    
Netting, liability 43 2
Total fair value, liability (6) 0
Level 1 | Other current assets    
Gross and net fair values of outstanding derivatives (in millions)    
Commodity contract derivative asset, gross 1,008 920
Level 1 | Long-term receivables and other assets, net    
Gross and net fair values of outstanding derivatives (in millions)    
Commodity contract derivative asset, gross 47 1
Level 1 | Accrued liabilities    
Gross and net fair values of outstanding derivatives (in millions)    
Commodity contract derivative liability, gross (967) (938)
Level 1 | Deferred credits and other liabilities - other    
Gross and net fair values of outstanding derivatives (in millions)    
Commodity contract derivative liability, gross (43) (1)
Level 2 | Other current assets    
Gross and net fair values of outstanding derivatives (in millions)    
Commodity contract derivative asset, gross 100 127
Level 2 | Long-term receivables and other assets, net    
Gross and net fair values of outstanding derivatives (in millions)    
Commodity contract derivative asset, gross 1 2
Level 2 | Accrued liabilities    
Gross and net fair values of outstanding derivatives (in millions)    
Commodity contract derivative liability, gross (64) (96)
Level 2 | Deferred credits and other liabilities - other    
Gross and net fair values of outstanding derivatives (in millions)    
Commodity contract derivative liability, gross (6) (1)
Level 3 | Other current assets    
Gross and net fair values of outstanding derivatives (in millions)    
Commodity contract derivative asset, gross 0 0
Level 3 | Long-term receivables and other assets, net    
Gross and net fair values of outstanding derivatives (in millions)    
Commodity contract derivative asset, gross 0 0
Level 3 | Accrued liabilities    
Gross and net fair values of outstanding derivatives (in millions)    
Commodity contract derivative liability, gross 0 0
Level 3 | Deferred credits and other liabilities - other    
Gross and net fair values of outstanding derivatives (in millions)    
Commodity contract derivative liability, gross $ 0 $ 0