Additional Balance Sheet Information

3 Months Ended

Mar. 31, 2025

Balance Sheet Related Disclosures [Abstract]

Additional Balance Sheet Information

Additional Balance Sheet Information

Certain balance sheet amounts are comprised of the following:

(In millions)	March 31, 2025		December 31, 2024
Accounts receivable, net
Trade accounts	$	940	$	820
Joint interest accounts	196		133
Other accounts	5		—
	1,141		953
Allowance for credit losses	(2)		(2)
	$	1,139	$	951
Inventories
Tubular goods and well equipment	$	41	$	33
Commodity inventory	16		13
	$	57	$	46
Other current assets
Prepaid balances	$	21	$	14
Derivative instruments	4		12
Other accounts	—		1
	$	25	$	27
Other assets
Deferred compensation plan	$	17	$	17
Debt issuance costs	10		10
Operating lease right-of-use assets	224		251
Derivative instruments	3		—
Other accounts	170		136
	$	424	$	414

(In millions)	March 31, 2025		December 31, 2024
Accounts payable
Trade accounts	$	144	$	59
Royalty and other owners	473		402
Accrued gathering, processing and transportation	92		85
Accrued capital costs	260		177
Taxes other than income	71		37
Accrued lease operating costs	75		48
Other accounts	65		25
	$	1,180	$	833
Accrued liabilities
Employee benefits	$	43	$	76
Taxes other than income	14		46
Restructuring liabilities	7		13
Derivative instruments	96		17
Operating lease liabilities	115		115
Financing lease liabilities	9		7
Other accounts	12		2
	$	296	$	276
Other liabilities
Deferred compensation plan	$	17	$	17
Postretirement benefits	10		16
Derivative instruments	10		4
Operating lease liabilities	118		145
Other accounts	77		77
	$	232	$	259