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CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Operating Revenues and Other    
Gains on Asset Dispositions, Net $ 26 $ 69
Total 6,123 6,044
Operating Expenses    
Lease and Well 396 359
Gathering, Processing and Transportation Costs 413 395
Exploration Costs 45 50
Dry Hole Costs 1 1
Impairments 19 34
Marketing Costs 1,404 1,361
Depreciation, Depletion and Amortization 1,074 798
General and Administrative 162 145
Taxes Other Than Income 338 329
Total 3,852 3,472
Operating Income 2,271 2,572
Other Income, Net 62 65
Income Before Interest Expense and Income Taxes 2,333 2,637
Interest Expense, Net 33 42
Income Before Income Taxes 2,300 2,595
Income Tax Provision 511 572
Net Income $ 1,789 $ 2,023
Net Income Per Share    
Basic (in USD per share) $ 3.11 $ 3.46
Diluted (in USD per share) $ 3.10 $ 3.45
Average Number of Common Shares    
Basic (in shares) 575 584
Diluted (in shares) 577 587
Comprehensive Income    
Net Income $ 1,789 $ 2,023
Other Comprehensive Income    
Foreign Currency Translation Adjustments 1 0
Other Comprehensive Income 1 0
Comprehensive Income 1,790 2,023
Crude Oil and Condensate    
Operating Revenues and Other    
Revenue from contract with customer 3,480 3,182
Natural Gas Liquids    
Operating Revenues and Other    
Revenue from contract with customer 513 490
Natural Gas    
Operating Revenues and Other    
Revenue from contract with customer 382 517
Gains on Mark-to-Market Financial Commodity and Other Derivative Contracts    
Operating Revenues and Other    
Revenue not from contract with customer 237 376
Gathering, Processing and Marketing    
Operating Revenues and Other    
Revenue from contract with customer 1,459 1,390
Other, Net    
Operating Revenues and Other    
Revenue not from contract with customer $ 26 $ 20