Consolidated Balance Sheet - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Assets
Cash and cash equivalents	$ 3,323	$ 6,133
Inventories	3,750	3,276
Prepaid expenses and other current assets	1,138	1,528
Total Current Assets	19,941	21,922
Investments and long-term receivables	15,302	14,950
Net properties, plants and equipment	35,712	35,163
Goodwill	1,550	1,486
Intangibles	920	831
Other assets	2,076	2,090
Total Assets	75,501	76,442
Liabilities
Short-term debt	1,482	529
Accrued income and other taxes	1,200	1,397
Employee benefit obligations	863	764
Other accruals	1,410	1,876
Total Current Liabilities	15,856	15,889
Long-term debt	17,877	16,661
Asset retirement obligations and accrued environmental costs	864	879
Deferred income taxes	7,424	6,671
Employee benefit obligations	630	937
Other liabilities and deferred credits	1,200	1,299
Total Liabilities	43,851	42,336
Equity
Common stock (2,500,000,000 shares authorized at $0.01 par value) Issued (2023—654,842.101 shares; 2022—652,373,645 shares)	7	7
Capital in excess of par	19,650	19,791
Treasury stock (at cost: 2023—224,377,439 shares; 2022—186,529,667 shares)	(19,342)	(15,276)
Retained earnings	30,550	25,432
Accumulated other comprehensive loss	(282)	(460)
Total Stockholders’ Equity	30,583	29,494
Noncontrolling interests	1,067	4,612
Total Equity	31,650	34,106
Total Liabilities and Equity	75,501	76,442
Nonrelated Party
Assets
Accounts and notes receivable	10,483	9,497
Liabilities
Accounts payable	10,332	10,748
Related Party
Assets
Accounts and notes receivable	1,247	1,488
Liabilities
Accounts payable	$ 569	$ 575

Noncurrent portion of the carrying amount of a liability for an asset retirement obligation, as well as the carrying value of an obligation (known or estimated) arising from requirements to perform activities to remediate one or more sites, payable after twelve months or beyond the next operating cycle if longer.

No definition available.