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Additional Balance Sheet Information (Tables)
6 Months Ended
Jun. 30, 2024
Balance Sheet Related Disclosures [Abstract]  
Additional Balance Sheet Information
Certain balance sheet amounts are comprised of the following:
(In millions)June 30,
2024
December 31,
2023
Accounts receivable, net  
Trade accounts $682 $723 
Joint interest accounts 128 118 
Other accounts 50 
 860 845 
Allowance for credit losses(3)(2)
 $857 $843 
Other current assets  
Prepaid balances$19 $11 
Derivative instruments17 85 
Other
 $37 $97 
Other assets  
Deferred compensation plan $16 $33 
Debt issuance costs
Operating lease right-of-use assets296 337 
Derivative instruments
Other accounts110 82 
 $431 $467 
Accounts payable
Trade accounts $79 $60 
Royalty and other owners 367 386 
Accrued gathering, processing and transportation70 80 
Accrued capital costs 157 165 
Taxes other than income 20 33 
Accrued lease operating costs42 39 
Other accounts40 40 
$775 $803 
 
(In millions)June 30,
2024
December 31,
2023
Accrued liabilities
Employee benefits $43 $70 
Taxes other than income 33 14 
Restructuring liabilities25 35 
Derivative instruments— 
Operating lease liabilities125 116 
Financing lease liabilities
Other accounts 47 20 
 $285 $261 
Other liabilities
Deferred compensation plan $16 $33 
Postretirement benefits18 17 
Operating lease liabilities 183 237 
Financing lease liabilities
Restructuring liabilities12 
Other accounts91 124 
 $315 $429