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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Current Assets    
Cash and Cash Equivalents $ 4,907 $ 3,396
Accounts Receivable, Net 3,529 2,681
Inventories 930 1,014
Other 511 565
Total 9,877 7,656
Property, Plant and Equipment    
Oil and Gas Properties (Successful Efforts Method) 92,454 89,857
Other Property, Plant and Equipment 7,064 6,832
Total Property, Plant and Equipment 99,518 96,689
Less:  Accumulated Depreciation, Depletion and Amortization (56,278) (54,348)
Total Property, Plant and Equipment, Net 43,240 42,341
Deferred Income Taxes 35 39
Other Assets 1,631 1,763
Total Assets 54,783 51,799
Current Liabilities    
Accounts Payable 3,374 2,904
Accrued Taxes Payable 697 299
Dividends Payable 531 544
Current Portion of Long-Term Debt 27 27
Current Portion of Operating Lease Liabilities 324 472
Other 382 445
Total 5,335 4,691
Long-Term Debt 7,899 7,909
Other Liabilities 2,468 2,512
Deferred Income Taxes 7,217 6,854
Commitments and Contingencies (Note 5)
Stockholders' Equity    
Common Stock, $0.01 Par, 1,280,000,000 Shares Authorized and 589,044,385 Shares Issued at both June 30, 2026 and December 31, 2025 206 206
Additional Paid in Capital 6,072 6,027
Accumulated Other Comprehensive Loss (5) (7)
Retained Earnings 33,390 29,765
Common Stock Held in Treasury, 63,546,362 Shares at June 30, 2026 and 51,374,169 Shares at December 31, 2025 (7,799) (6,158)
Total Stockholders' Equity 31,864 29,833
Total Liabilities and Stockholders' Equity $ 54,783 $ 51,799