Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents ($27 million and $26 million related to Viper)	$ 161	$ 582
Restricted cash	3	3
Accounts receivable:
Joint interest and other, net	198	192
Oil and natural gas sales, net ($149 million and $109 million related to Viper)	1,387	654
Inventories	116	63
Derivative instruments	168	17
Prepaid expenses and other current assets	77	110
Total current assets	2,110	1,621
Property and equipment:
Oil and natural gas properties, full cost method of accounting ($22,666 million and $8,659 million excluded from amortization at December 31, 2024 and December 31, 2023, respectively) ($5,713 million and $4,629 million related to Viper and $2,180 million and $1,769 million excluded from amortization related to Viper)	82,240	42,430
Other property, equipment and land	1,440	673
Accumulated depletion, depreciation, amortization and impairment ($1,081 million and $866 million related to Viper)	(19,208)	(16,429)
Property and equipment, net	64,472	26,674
Funds held in escrow	1	0
Equity method investments	375	529
Derivative instruments	2	1
Deferred income taxes, net ($185 million and $57 million related to Viper)	173	45
Other assets	159	131
Total assets	67,292	29,001
Current liabilities:
Accounts payable - trade	253	261
Accrued capital expenditures	690	493
Current maturities of debt	900	0
Other accrued liabilities	1,020	475
Revenues and royalties payable	1,491	764
Derivative instruments	43	86
Income taxes payable	414	29
Total current liabilities	4,811	2,108
Long-term debt ($1,083 million and $1,083 million related to Viper)	12,075	6,641
Derivative instruments	106	122
Asset retirement obligations	573	239
Deferred income taxes	9,826	2,449
Other long-term liabilities	39	12
Total liabilities	27,430	11,571
Commitments and contingencies (Note 16)
Stockholders’ equity:
Common stock, $0.01 par value; 800,000,000 shares authorized; 290,984,373 and 178,723,871 shares issued and outstanding at December 31, 2024 and December 31, 2023, respectively	3	2
Additional paid-in capital	33,501	14,142
Retained earnings (accumulated deficit)	4,238	2,489
Accumulated other comprehensive income (loss)	(6)	(8)
Total Diamondback Energy, Inc. stockholders’ equity	37,736	16,625
Non-controlling interest	2,126	805
Total equity	39,862	17,430
Total liabilities and stockholders' equity	$ 67,292	$ 29,001