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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Income Statement [Abstract]      
Revenues $ 25,915 $ 25,455 $ 22,855
Cost of sales:      
Production and delivery 16,374 15,554 13,627
Depreciation, depletion and amortization 2,244 2,241 2,068
Total cost of sales 18,618 17,795 15,695
Selling, general and administrative expenses 545 513 479
Exploration Expense 192 156 137
Environmental obligations and shutdown costs 58 127 319
Gain on sales of assets (16) 0 0
Total costs and expenses 19,397 18,591 16,630
Operating income 6,518 6,864 6,225
Interest expense, net (369) (319) (515)
Net gain on early extinguishment of debt 0 0 10
Other income, net 223 362 286
Income before income taxes and equity in affiliated companies’ net earnings 6,372 6,907 6,006
Provision for (benefit from) income taxes (2,221) (2,523) (2,270)
Equity in affiliated companies’ net earnings 1 15 15
Net income 4,152 4,399 3,751
Net income attributable to noncontrolling interests (1,948) (2,510) (1,903)
Net income attributable to common stockholders $ 2,204 $ 1,889 $ 1,848
Net income per share attributable to common stockholders:      
Basic $ 1.53 $ 1.31 $ 1.28
Diluted $ 1.52 $ 1.30 $ 1.28
Weighted-average common shares outstanding:      
Basic 1,437 1,438 1,434
Diluted 1,443 1,445 1,443
Dividends declared per share of common stock (in dollars per share) $ 0.60 $ 0.60 $ 0.60