Consolidated Statements of Operations - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
REVENUES AND OTHER INCOME
Net sales	$ 21,593	$ 22,019	$ 23,156
Interest, dividends and other income	219	192	153
Gains (losses) on sales of assets and other, net	263	(16)	522
Total	22,075	22,195	23,831
COSTS AND OTHER DEDUCTIONS
Oil and gas lease operating expense	4,681	4,738	4,677
Transportation and gathering expense	1,660	1,608	1,481
Purchased commodities and midstream cost of sales	176	431	2,116
Selling, general and administrative expense	986	960	987
Other operating and non-operating expense	1,556	1,319	1,165
Taxes other than on income	1,030	1,039	1,087
Depreciation, depletion and amortization	7,533	6,951	6,449
Asset impairments and other charges	60	356	209
Acquisition-related costs	13	84	26
Exploration expense	249	275	441
Interest and debt expense, net	1,079	1,169	957
Total	19,023	18,930	19,595
Income before income taxes and other items	3,052	3,265	4,236
OTHER ITEMS
Income from equity investments and other	76	759	426
Total	76	759	426
Income from continuing operations before income taxes	3,128	4,024	4,662
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
PER COMMON SHARE
Income from continuing operations—basic (in dollars per share)	$ 1.38	$ 2.36	$ 2.69
Discontinued operations—basic (in dollars per share)	0.27	0.23	1.53
Net income attributable to common stockholders—basic (in dollars per share)	1.65	2.59	4.22
PER COMMON SHARE, DILUTED
Income from continuing operations—diluted (in dollars per share)	1.35	2.23	2.49
Discontinued operations—diluted (in dollars per share)	0.26	0.21	1.41
Net income attributable to common stockholders—diluted (in dollars per share)	$ 1.61	$ 2.44	$ 3.90