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Consolidated Balance Sheet - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Assets    
Cash and cash equivalents $ 5,635 $ 6,458
Short-term investments 971 2,785
Inventories 1,398 1,219
Prepaid expenses and other current assets 852 1,199
Total Current Assets 14,330 18,749
Investments and long-term receivables 9,130 8,225
Net properties, plants and equipment (net of accumulated DD&A of $74,361 and $66,630, respectively) 70,044 64,866
Other assets 2,420 1,989
Total Assets 95,924 93,829 Close
Liabilities    
Short-term debt 1,074 417
Accrued income and other taxes 1,811 3,193
Employee benefit obligations 774 728
Other accruals 1,229 2,346
Total Current Liabilities 10,005 12,847
Long-term debt 17,863 16,226
Asset retirement obligations and accrued environmental costs 7,220 6,401
Deferred income taxes 8,813 7,726
Employee benefit obligations 1,009 1,074
Other liabilities and deferred credits 1,735 1,552
Total Liabilities 46,645 45,826 Close
Equity    
Par value 21 21
Capital in excess of par 61,303 61,142
Treasury stock (at cost: 2023—925,670,961 shares; 2022—877,029,062 shares) (65,640) (60,189)
Accumulated other comprehensive income (loss) (5,673) (6,000)
Retained earnings 59,268 53,029
Total Equity 49,279 48,003 Close
Total Liabilities and Equity 95,924 93,829
Nonrelated Party    
Assets    
Accounts and notes receivable (net of allowance of $3 and $2, respectively) 5,461 7,075
Accounts and notes receivable—related parties 5,461 7,075
Liabilities    
Accounts payable 5,083 6,113
Accounts payable—related parties 5,083 6,113
Related Party    
Assets    
Accounts and notes receivable (net of allowance of $3 and $2, respectively) 13 13
Accounts and notes receivable—related parties 13 13
Liabilities    
Accounts payable 34 50
Accounts payable—related parties $ 34 $ 50