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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Income Statement [Abstract]      
Revenues $ 25,455 $ 22,855 $ 22,780
Cost of sales:      
Production and delivery 15,554 13,627 13,070
Depreciation, depletion and amortization 2,241 2,068 2,019
Total cost of sales 17,795 15,695 15,089
Selling, general and administrative expenses 513 479 420
Exploration Expense 156 137 115
Environmental obligations and shutdown costs 127 319 121
Net gain on sales of assets 0 0 (2)
Total costs and expenses 18,591 16,630 15,743
Operating income 6,864 6,225 7,037
Interest expense, net (319) (515) (560)
Net gain on early extinguishment of debt 0 10 31
Other income, net 362 286 207
Income before income taxes and equity in affiliated companies’ net earnings 6,907 6,006 6,715
Provision for (benefit from) income taxes (2,523) (2,270) (2,267)
Equity in affiliated companies’ net earnings 15 15 31
Net income 4,399 3,751 4,479
Net income attributable to noncontrolling interests (2,510) (1,903) (1,011)
Net income attributable to common stockholders $ 1,889 $ 1,848 $ 3,468
Net income per share attributable to common stockholders:      
Income (Loss) from Continuing Operations, Per Basic Share $ 1.31 $ 1.28 $ 2.40
Income (Loss) from Continuing Operations, Per Diluted Share $ 1.30 $ 1.28 $ 2.39
Weighted-average common shares outstanding:      
Weighted Average Number of Shares Outstanding, Basic 1,438 1,434 1,441
Weighted Average Number of Shares Outstanding, Diluted 1,445 1,443 1,451
Dividends declared per share of common stock (in dollars per share) $ 0.60 $ 0.60 $ 0.60