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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2022
Dec. 31, 2021
Current Assets    
Cash and Cash Equivalents $ 3,073 $ 5,209
Accounts Receivable, Net 3,735 2,335
Inventories 739 584
Assets from Price Risk Management Activities 1 0
Other 605 456
Total 8,153 8,584
Property, Plant and Equipment    
Oil and Gas Properties (Successful Efforts Method) 66,098 67,644
Other Property, Plant and Equipment 4,862 4,753
Total Property, Plant and Equipment 70,960 72,397
Less:  Accumulated Depreciation, Depletion and Amortization (42,113) (43,971)
Total Property, Plant and Equipment, Net 28,847 28,426
Deferred Income Taxes 12 11
Other Assets 1,127 1,215
Total Assets 38,139 38,236
Current Liabilities    
Accounts Payable 2,896 2,242
Accrued Taxes Payable 594 518
Dividends Payable 437 436
Liabilities from Price Risk Management Activities 79 269
Current Portion of Long-Term Debt 1,282 37
Current Portion of Operating Lease Liabilities 216 240
Other 264 300
Total 5,768 4,042
Long-Term Debt 3,809 5,072
Other Liabilities 2,067 2,193
Deferred Income Taxes 4,183 4,749
Commitments and Contingencies (Note 8)
Stockholders' Equity    
Common Stock, $0.01 Par, 1,280,000,000 Shares Authorized and 586,391,670 Shares Issued at June 30, 2022 and 585,521,512 Shares Issued at December 31, 2021 206 206
Additional Paid in Capital 6,128 6,087
Accumulated Other Comprehensive Loss (12) (12)
Retained Earnings 16,028 15,919
Common Stock Held in Treasury, 344,705 Shares at June 30, 2022 and 257,268 Shares at December 31, 2021 (38) (20)
Total Stockholders' Equity 22,312 22,180
Total Liabilities and Stockholders' Equity $ 38,139 $ 38,236