XML 124 R101.htm IDEA: XBRL DOCUMENT v3.25.4
INDUSTRY SEGMENTS AND GEOGRAPHIC AREAS - Reconciles Segment Income From Continuing Operations (Details)
$ in Millions
12 Months Ended
Oct. 01, 2025
USD ($)
Dec. 31, 2025
USD ($)
segment
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Segment Information        
Number of operating segments | segment   2    
Number of reportable segments | segment   2    
Income from continuing operations before income taxes   $ 3,128 $ 4,024 $ 4,662
Interest and debt expense, net   (1,079) (1,169) (957)
Income tax expense   (1,021) (1,158) (1,330)
Income from continuing operations   2,107 2,866 3,332
Income from discontinued operations, net of tax   262 212 1,364
NET INCOME   2,369 3,078 4,696
Less: Net income attributable to noncontrolling interest   (43) (22) 0
Less: Preferred stock dividends and redemption premiums   (679) (679) (923)
NET INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS   1,647 2,377 3,773
Disposed of by sale | OxyChem        
Segment Information        
Proceeds received for divested assets $ 9,700      
Operating segments | Oil and gas        
Segment Information        
Income from continuing operations before income taxes   4,586 5,214 6,240
Operating segments | Midstream and marketing        
Segment Information        
Income from continuing operations before income taxes   252 563 (35)
Corporate and eliminations        
Segment Information        
Income from continuing operations before income taxes   $ (631) $ (584) $ (586)