XML 109 R94.htm IDEA: XBRL DOCUMENT v3.24.0.1
Commitments and Contingent Liabilities, Operating Leases (Details) - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Operating Leases [Abstract]    
ROU asset carrying value [1] $ 364  
ROU asset, Consolidated Balance Sheet line item Other Assets, Noncurrent  
Lease liability carrying value [2] $ 398  
Lease liability, current $ 75  
Operating Lease, Liability, Current, Statement of Financial Position [Extensible List] Other Liabilities, Current  
Lease liability, noncurrent $ 323 $ 341
Operating Lease, Liability, Noncurrent, Statement of Financial Position [Extensible List] Other Liabilities, Noncurrent  
Storage and Pipeline Facilities [Member]    
Operating Leases [Abstract]    
ROU asset carrying value [1] $ 188  
Lease liability carrying value [2] $ 187  
Weighted-average remaining term 9 years  
Weighted-average discount rate [3] 4.20%  
Transportation Equipment [Member]    
Operating Leases [Abstract]    
ROU asset carrying value [1] $ 25  
Lease liability carrying value [2] $ 25  
Weighted-average remaining term 4 years  
Weighted-average discount rate [3] 4.70%  
Office and Warehouse Space [Member]    
Operating Leases [Abstract]    
ROU asset carrying value [1] $ 151  
Lease liability carrying value [2] $ 186  
Weighted-average remaining term 13 years  
Weighted-average discount rate [3] 3.00%  
[1] ROU asset amounts are a component of “Other assets” on our Consolidated Balance Sheet.
[2] At December 31, 2023, lease liabilities of $75 million and $323 million were included within “Other current liabilities” and “Other long-term liabilities,” respectively.
[3] The discount rate for each category of assets represents the weighted average incremental borrowing rate adjusted for collateralization (if the implicit rate is not determinable).  In general, the discount rates are based on either (i) information available at the lease commencement date or (ii) January 1, 2019 for leases existing at the adoption date for ASC 842.