Consolidated Condensed Balance Sheets - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
CURRENT ASSETS
Cash and cash equivalents	$ 1,759	$ 1,426
Trade receivables, net of reserves of $29 in 2024 and $29 in 2023	3,924	3,195
Inventories	2,275	2,022
Other current assets	1,596	1,732
Total current assets	9,554	8,375
INVESTMENTS IN UNCONSOLIDATED ENTITIES	3,195	3,224
PROPERTY, PLANT AND EQUIPMENT
Gross property, plant and equipment	138,889	126,811
Accumulated depreciation, depletion and amortization	(69,547)	(68,282)
Net property, plant and equipment	69,342	58,529
OPERATING LEASE ASSETS	961	1,130
OTHER LONG-TERM ASSETS	2,751	2,750
TOTAL ASSETS	85,803	74,008
CURRENT LIABILITIES
Current maturities of long-term debt	1,179	1,202
Current operating lease liabilities	376	446
Accounts payable	3,935	3,646
Accrued liabilities	4,051	3,854
Total current liabilities	9,541	9,148
LONG-TERM DEBT, NET
Long-term debt, net	25,456	18,536
DEFERRED CREDITS AND OTHER LIABILITIES
Deferred income taxes, net	5,630	5,764
Asset retirement obligations	3,888	3,882
Pension and postretirement obligations	933	931
Environmental remediation liabilities	847	889
Operating lease liabilities	638	727
Other	3,936	3,782
Total deferred credits and other liabilities	15,872	15,975
EQUITY
Preferred stock, at $1.00 per share par value: 2024 — $84,897 shares and 2023 —$84,897 shares	8,287	8,287
Common stock, at $0.20 per share par value, authorized shares: 1.5 billion, issued shares: 2024 — 1,166,358,039 shares and 2023 — 1,107,516,500 shares	233	222
Treasury stock: 2024 — $228,183,821 shares and 2023 — $228,053,397 shares	(15,591)	(15,582)
Additional paid-in capital	19,802	17,422
Retained earnings	21,694	19,626
Accumulated other comprehensive income	249	275
Total stockholders' equity	34,674	30,250
Non-controlling interest	260	99
Total equity	34,934	30,349
TOTAL LIABILITIES AND EQUITY	85,803	74,008
Corporate
PROPERTY, PLANT AND EQUIPMENT
Gross property, plant and equipment	1,000	1,039
Oil and gas | Operating segments
PROPERTY, PLANT AND EQUIPMENT
Gross property, plant and equipment	120,410	109,214
Chemical | Operating segments
PROPERTY, PLANT AND EQUIPMENT
Gross property, plant and equipment	8,475	8,279
Midstream and marketing | Operating segments
PROPERTY, PLANT AND EQUIPMENT
Gross property, plant and equipment	$ 9,004	$ 8,279