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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Current Assets    
Cash and Cash Equivalents $ 5,278 $ 5,972
Accounts Receivable, Net 2,716 2,774
Inventories 1,275 1,058
Assets from Price Risk Management Activities 106 0
Income Taxes Receivable 0 97
Other 560 574
Total 9,935 10,475
Property, Plant and Equipment    
Oil and Gas Properties (Successful Efforts Method) 72,090 67,322
Other Property, Plant and Equipment 5,497 4,786
Total Property, Plant and Equipment 77,587 72,108
Less: Accumulated Depreciation, Depletion and Amortization (45,290) (42,679)
Total Property, Plant and Equipment, Net 32,297 29,429
Deferred Income Taxes 42 33
Other Assets 1,583 1,434
Total Assets 43,857 41,371
Current Liabilities    
Accounts Payable 2,437 2,532
Accrued Taxes Payable 466 405
Dividends Payable 526 482
Liabilities from Price Risk Management Activities 0 169
Current Portion of Long-Term Debt 34 1,283
Current Portion of Operating Lease Liabilities 325 296
Other 286 346
Total 4,074 5,513
Long-Term Debt 3,765 3,795
Other Liabilities 2,526 2,574
Deferred Income Taxes 5,402 4,710
Commitments and Contingencies (Note 8)
Stockholders' Equity    
Common Stock, $0.01 Par, 1,280,000,000 Shares Authorized and 588,748,473 Shares and 588,396,757 Shares Issued at December 31, 2023 and 2022, respectively 206 206
Additional Paid in Capital 6,166 6,187
Accumulated Other Comprehensive Loss (9) (8)
Retained Earnings 22,634 18,472
Common Stock Held in Treasury, 7,888,105 Shares and 700,281 Shares at December 31, 2023 and 2022, respectively (907) (78)
Total Stockholders' Equity 28,090 24,779
Total Liabilities and Stockholders' Equity $ 43,857 $ 41,371