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CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY - USD ($)
$ in Millions
Total
Common Stock
Treasury Shares
Additional Paid-In Capital
Accumulated Other Comprehensive Income
Retained Earnings
Beginning balance (in shares) at Dec. 31, 2021   893,000,000        
Beginning balance (in shares) at Dec. 31, 2021     79,000,000      
Balance at beginning 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)   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      
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 redeemable preferred stock 28     28    
Common stock cash dividends (1,991)         (1,991)
Preferred stock cash dividends (1)         (1)
Other comprehensive (loss) income 12       12  
Ending balance (in shares) at Dec. 31, 2022   768,000,000        
Ending balance (in shares) at Dec. 31, 2022     0      
Balance at end of period at Dec. 31, 2022 12,659 $ 77 $ 0 7,933 13 4,636
Increase (Decrease) in Stockholders' Equity            
Net income 1,625         1,625
Exercise of stock options 2     2    
Stock amortization and vesting 56   $ (9) 65    
Common stock repurchases (in shares)     17,000,000      
Common stock repurchases (409)   $ (409)      
Common stock retirements (in shares)   (17,000,000) (17,000,000)      
Common stock retirements 0 $ (2) $ 418 (416)    
Conversion of redeemable preferred stock 3     3    
Common stock cash dividends (895)         (895)
Other comprehensive (loss) income (2)       (2)  
Ending balance (in shares) at Dec. 31, 2023   751,000,000        
Ending balance (in shares) at Dec. 31, 2023     0      
Balance at end of period at Dec. 31, 2023 13,039 $ 75 $ 0 7,587 11 5,366
Increase (Decrease) in Stockholders' Equity            
Net income $ 1,121         1,121
Exercise of stock options (in shares) 83,603          
Exercise of stock options $ 2     2    
Stock amortization and vesting (in shares)   1,000,000        
Stock amortization and vesting 45 $ 1 $ (8) 52    
Common stock repurchases (in shares)     17,000,000      
Common stock repurchases (456)   $ (456)      
Common stock retirements (in shares)   (17,000,000) (17,000,000)      
Common stock retirements 0 $ (2) $ 464 (462)    
Common stock cash dividends (630)         (630)
Other comprehensive (loss) income 1       1  
Ending balance (in shares) at Dec. 31, 2024   735,000,000        
Ending balance (in shares) at Dec. 31, 2024     0      
Balance at end of period at Dec. 31, 2024 $ 13,122 $ 74 $ 0 $ 7,179 $ 12 $ 5,857