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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues and other income:      
Revenues from contracts with customers $ 7,540 $ 5,601 $ 3,097
Net gain (loss) on commodity derivatives (114) (383) 116
Income (loss) from equity method investments 613 253 (161)
Net gain (loss) on disposal of assets (38) (19) 9
Other income 35 15 25
Total revenues and other income 8,036 5,467 3,086
Costs and expenses:      
Production 690 534 555
Shipping, handling and other operating 733 727 596
Exploration 110 136 181
Depreciation, depletion and amortization 1,753 2,066 2,316
Impairments 7 60 144
Taxes other than income 484 345 200
General and administrative 308 291 274
Total costs and expenses 4,085 4,159 4,266
Income (loss) from operations 3,951 1,308 (1,180)
Net interest and other (188) (188) (256)
Other net periodic benefit (costs) credits 16 5 (1)
Loss on early extinguishment of debt 0 (121) (28)
Income (loss) before income taxes 3,779 1,004 (1,465)
Provision (benefit) for income taxes 167 58 (14)
Net income (loss) $ 3,612 $ 946 $ (1,451)
Earnings Per Share [Abstract]      
Basic (in dollars per share) $ 5.27 $ 1.20 $ (1.83)
Diluted (in dollars per share) $ 5.26 $ 1.20 $ (1.83)
Weighted average common shares outstanding:      
Basic (in shares) 685 787 792
Diluted (in shares) 687 788 792