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CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY - USD ($)
$ in Millions
Total
Common Stock
Treasury Shares
Paid-In Capital
Accumulated Other Comprehensive Income (Loss)
Retained Earnings
Beginning balance (in shares) at Dec. 31, 2019   477,000,000        
Beginning balance (in shares) at Dec. 31, 2019     79,000,000      
Balance at beginning of period at Dec. 31, 2019 $ 2,151 $ 48 $ (1,823) $ 1,782 $ 1 $ 2,143
Increase (Decrease) in Stockholders' Equity            
Net income 201         201
Stock amortization and vesting (in shares)   1,000,000        
Stock amortization and vesting $ 22     22    
Common stock repurchases (in shares) 0          
Common stock retirements $ 0          
Common stock cash dividends (159)         (159)
Other comprehensive income 1       1  
Ending balance (in shares) at Dec. 31, 2020   478,000,000        
Ending balance (in shares) at Dec. 31, 2020     79,000,000      
Balance at end of period at Dec. 31, 2020 2,216 $ 48 $ (1,823) 1,804 2 2,185
Increase (Decrease) in Stockholders' Equity            
Net income 1,158         1,158
Issuance of common stock for merger (in shares)   408,000,000        
Issuance of common stock for merger 9,083 $ 41   9,042    
Issuance of replacement awards and options for merger consideration (in shares)   4,000,000        
Issuance of replacement awards and options for merger consideration 37     37    
Exercise of stock options 2     2    
Stock amortization and vesting (in shares)   3,000,000        
Stock amortization and vesting $ 23   $ (3) 26    
Common stock repurchases (in shares) 0          
Common stock retirements $ 0          
Common stock cash dividends (779)         (779)
Preferred stock cash dividends (1)         (1)
Other comprehensive income $ (1)       (1)  
Ending balance (in shares) at Dec. 31, 2021   893,000,000        
Ending balance (in shares) at Dec. 31, 2021 79,082,385   79,000,000      
Balance at end of period at Dec. 31, 2021 $ 11,738 $ 89 $ (1,826) 10,911 1 2,563
Increase (Decrease) in Stockholders' Equity            
Net income $ 4,065         4,065
Exercise of stock options (in shares) 780,606 1,000,000        
Exercise of stock options $ 12     12    
Stock amortization and vesting (in shares)   1,000,000 1,000,000      
Stock amortization and vesting $ 46 $ 1 $ (9) 54    
Common stock repurchases (in shares) 48,000,000   48,000,000      
Common stock repurchases $ (1,250)   $ (1,250)      
Common stock retirements (in shares)   (128,000,000) (128,000,000)      
Common stock retirements 0 $ (13) $ 3,085 (3,072)    
Conversion of Cimarex redeemable preferred stock (in shares)   1,000,000        
Conversion of Cimarex redeemable preferred stock 28     28    
Common stock cash dividends (1,991)         (1,991)
Preferred stock cash dividends (1)         (1)
Other comprehensive income $ 12       12  
Ending balance (in shares) at Dec. 31, 2022   768,000,000        
Ending balance (in shares) at Dec. 31, 2022 0   0      
Balance at end of period at Dec. 31, 2022 $ 12,659 $ 77 $ 0 $ 7,933 $ 13 $ 4,636