Schedule II - Valuation and Qualifying Accounts

12 Months Ended

Dec. 31, 2023

Schedule II — Valuation and Qualifying Accounts


	Year ended December 31
Millions of Dollars	2023		2022		2021
Employee Termination Benefits
Balance at January 1	$	11	$	43	$	470
Additions (reductions) charged to expense	(2)		1		(30)
Payments	(3)		(33)		(397)
Balance at December 31	$	6	$	11	$	43
Expected Credit Losses
Beginning allowance balance for expected credit losses	$	1,008	$	745	$	671
Current period provision	(367)		263		74

Write-offs charged against the allowance, if any	—		—		—

Balance at December 31	$	641	$	1,008	$	745
Deferred Income Tax Valuation Allowance*
Balance at January 1	$	19,532	$	17,651	$	17,762
Additions to deferred income tax expense	2,348		3,533		3,691
Reduction of deferred income tax expense	(1,464)		(1,652)		(3,802)
Balance at December 31	$	20,416	$	19,532	$	17,651