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CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Operating Revenues and Other    
Total $ 6,044 $ 3,983
Operating Expenses    
Lease and Well 359 318
Transportation Costs 236 228
Gathering and Processing Costs 159 144
Exploration Costs 50 45
Dry Hole Costs 1 3
Impairments 34 55
Marketing Costs 1,361 1,283
Depreciation, Depletion and Amortization 798 847
General and Administrative 145 124
Taxes Other Than Income 329 390
Total 3,472 3,437
Operating Income 2,572 546
Other Income (Expense), Net 65 (1)
Income Before Interest Expense and Income Taxes 2,637 545
Interest Expense, Net 42 48
Income Before Income Taxes 2,595 497
Income Tax Provision 572 107
Net Income $ 2,023 $ 390
Net Income Per Share    
Basic (in USD per share) $ 3.46 $ 0.67
Diluted (in USD per share) $ 3.45 $ 0.67
Average Number of Common Shares    
Basic (in shares) 584 582
Diluted (in shares) 587 586
Comprehensive Income    
Net Income $ 2,023 $ 390
Other Comprehensive Loss    
Foreign Currency Translation Adjustments 0 (1)
Other, Net of Tax 0 0
Other Comprehensive Loss 0 (1)
Comprehensive Income 2,023 389
Crude Oil and Condensate    
Operating Revenues and Other    
Revenue from contract with customer 3,182 3,889
Natural Gas Liquids    
Operating Revenues and Other    
Revenue from contract with customer 490 681
Natural Gas    
Operating Revenues and Other    
Revenue from contract with customer 517 716
Gains (Losses) on Mark-to-Market Financial Commodity Derivative Contracts    
Operating Revenues and Other    
Revenue not from contract with customer 376 (2,820)
Gathering, Processing and Marketing    
Operating Revenues and Other    
Revenue from contract with customer 1,390 1,469
Gains on Asset Dispositions, Net    
Operating Revenues and Other    
Revenue not from contract with customer 69 25
Other, Net    
Operating Revenues and Other    
Revenue not from contract with customer $ 20 $ 23