Additional Balance Sheet Information

9 Months Ended

Sep. 30, 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)	September 30, 2025		December 31, 2024
Accounts receivable, net
Trade accounts	$	737	$	820
Joint interest accounts	271		133
Other accounts	6		—
	1,014		953
Allowance for credit losses	(2)		(2)
	$	1,012	$	951
Inventories
Tubular goods and well equipment	$	45	$	33
Commodity inventory	16		13
	$	61	$	46
Other current assets
Prepaid balances	$	13	$	14
Derivative instruments	124		12
Other accounts	3		1
	$	140	$	27
Other assets
Deferred compensation plan	$	20	$	17
Debt issuance costs	9		10
Operating lease right-of-use assets	186		251
Derivative instruments	12		—
Other accounts	87		136
	$	314	$	414
Accounts payable
Trade accounts	$	81	$	59
Royalty and other owners	472		402
Accrued gathering, processing and transportation	60		85
Accrued capital costs	251		177
Taxes other than income	62		37
Accrued lease operating costs	79		48
Other accounts	22		25
	$	1,027	$	833

(In millions)	September 30, 2025		December 31, 2024
Accrued liabilities
Employee benefits	$	69	$	76
Taxes other than income	33		46
Restructuring liabilities	2		13
Derivative instruments	3		17
Operating lease liabilities	79		115
Financing lease liabilities	—		7
Other accounts	1		2
	$	187	$	276
Other liabilities
Deferred compensation plan	$	20	$	17
Postretirement benefits	10		16
Derivative instruments	9		4
Operating lease liabilities	116		145
Other accounts	84		77
	$	239	$	259