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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Income Statement [Abstract]      
Revenues $ 22,780 $ 22,845 $ 14,198
Cost of sales:      
Production and delivery 13,041 12,016 10,031
Depreciation, depletion and amortization 2,019 1,998 1,528
Metals inventory adjustments 29 16 96
Total cost of sales 15,089 14,030 11,655
Selling, general and administrative expenses 420 383 370
Exploration Expense 115 55 50
Environmental obligations and shutdown costs 121 91 159
Net gain on sales of assets (2) (80) (473)
Total costs and expenses 15,743 14,479 11,761
Operating income 7,037 8,366 2,437
Interest expense, net (560) (602) (598)
Net gain (loss) on early extinguishment of debt 31 0 (101)
Other income (expense), net 207 (105) 59
Income from continuing operations before income taxes and equity in affiliated companies’ net earnings 6,715 7,659 1,797
Provision for (benefit from) income taxes (2,267) (2,299) (944)
Equity in affiliated companies’ net earnings 31 5 12
Net income 4,479 5,365 865
Net income attributable to noncontrolling interests (1,011) (1,059) (266)
Net income attributable to common stockholders $ 3,468 $ 4,306 $ 599
Net income per share attributable to common stockholders:      
Income (Loss) from Continuing Operations, Per Basic Share $ 2.40 $ 2.93 $ 0.41
Income (Loss) from Continuing Operations, Per Diluted Share $ 2.39 $ 2.90 $ 0.41
Weighted-average common shares outstanding:      
Weighted Average Number of Shares Outstanding, Basic 1,441 1,466 1,453
Weighted Average Number of Shares Outstanding, Diluted 1,451 1,482 1,461
Dividends declared per share of common stock (in dollars per share) $ 0.60 $ 0.375 $ 0