Other Financial Information

12 Months Ended

Dec. 31, 2022

Other Income and Expenses [Abstract]

Other Financial Information

Note 20—Other Financial Information

	Millions of Dollars
	2022		2021	2020
Interest and Debt Expense
Incurred
Debt	$	791	887	788
Other	72		59	73
	863		946	861
Capitalized	(58)		(62)	(55)
Expensed	$	805	884	806
Other Income (Loss)
Interest income	$	195	33	100
Gain (loss) on investment in Cenovus Energy*	251		1,040	(855)
Other, net	58		130	246
	$	504	1,203	(509)
*See Note 5.
Research and Development Expenditures—expensed	$	71	62	75
Shipping and Handling Costs	$	1,595	1,047	857
Foreign Currency Transaction (Gains) Losses—after-tax
Alaska	$	—	—	—
Lower 48	—		—	—
Canada	(20)		(1)	(7)
Europe, Middle East and North Africa	(110)		(11)	(15)
Asia Pacific	30		2	(11)
Other International	(1)		1	2
Corporate and Other	21		(7)	(31)
	$	(80)	(16)	(62)

	Millions of Dollars
	2022		2021
Properties, Plants and Equipment
Proved properties	$	119,609	114,274	*
Unproved properties	7,325		10,993
Other	4,562		4,379
Gross properties, plants and equipment	131,496		129,646
Less: Accumulated depreciation, depletion and amortization	(66,630)		(64,735)	*
Net properties, plants and equipment	$	64,866	64,911

*Excludes assets classified as held for sale at December 31, 2021. See Note 3.