Deferred Charges and Other Assets (Tables)

12 Months Ended

Dec. 31, 2020

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Schedule of deferred charges and other assets, net

“Deferred charges and other assets, net” consisted of the following (in millions):

	December 31,
	2020		2019
Deferred turnaround and catalyst costs, net	$	1,703	$	1,778
Operating lease ROU assets, net (see Note 6)	1,204		1,329
Investments in unconsolidated joint ventures	972		942
Income taxes receivable	589		525
Intangible assets, net	248		283
Goodwill	260		260
Other	565		514
Deferred charges and other assets, net	$	5,541	$	5,631