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Additional Balance Sheet Information (Tables)
6 Months Ended
Jun. 30, 2025
Balance Sheet Related Disclosures [Abstract]  
Additional Balance Sheet Information
Certain balance sheet amounts are comprised of the following:
(In millions)June 30,
2025
December 31,
2024
Accounts receivable, net  
Trade accounts $860 $820 
Joint interest accounts 190 133 
Other accounts — 
 1,053 953 
Allowance for credit losses(2)(2)
$1,051 $951 
Inventories  
Tubular goods and well equipment $42 $33 
Commodity inventory15 13 
 $57 $46 
Other current assets  
Prepaid balances$$14 
Derivative instruments98 12 
Other accounts
 $113 $27 
Other assets  
Deferred compensation plan $18 $17 
Debt issuance costs10 
Operating lease right-of-use assets197 251 
Derivative instruments17 — 
Other accounts122 136 
 $363 $414 
(In millions)June 30,
2025
December 31,
2024
Accounts payable
Trade accounts $132 $59 
Royalty and other owners 481 402 
Accrued gathering, processing and transportation82 85 
Accrued capital costs 208 177 
Taxes other than income 54 37 
Accrued lease operating costs86 48 
Other accounts38 25 
$1,081 $833 
Accrued liabilities
Employee benefits $50 $76 
Taxes other than income 23 46 
Restructuring liabilities13 
Derivative instruments— 17 
Operating lease liabilities96 115 
Financing lease liabilities
Other accounts 21 
 $201 $276 
Other liabilities
Deferred compensation plan $18 $17 
Postretirement benefits10 16 
Derivative instruments17 
Operating lease liabilities 111 145 
Other accounts88 77 
 $244 $259