| ASSETS |
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Cash and cash equivalents
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| Restricted cash and restricted cash equivalents |
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Trade receivables, net of reserves
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| Joint interest receivables |
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Inventories
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| Assets held for sale |
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Other current assets
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| Current assets held for sale |
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Total current assets
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| Property, plant and equipment, gross |
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| Corporate |
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Total property, plant and equipment, gross
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Accumulated depreciation, depletion and amortization
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Total property, plant and equipment, net
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| Operating lease assets |
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| LONG-TERM RECEIVABLES AND OTHER ASSETS, NET |
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Investments in unconsolidated entities
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| Non-current assets held for sale |
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| Other long-term assets |
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Total non-current assets
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TOTAL ASSETS
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| LIABILITIES |
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Current maturities of long-term debt
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| Preferred stock redemption payable |
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Current operating lease liabilities
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Accounts payable
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Accrued liabilities
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| Liabilities of assets held for sale |
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| Liabilities held for sale |
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Total current liabilities
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Long-term debt, net
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Deferred income taxes, net
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| Asset retirement obligations |
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| Pension and postretirement obligations |
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| Environmental remediation liabilities |
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Operating lease liabilities
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| Non-current liabilities held for sale |
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Other liabilities
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| Other deferred credits and liabilities |
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| Total deferred credits and other liabilities |
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| EQUITY |
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| Preferred stock, at $1.00 per share par value, issued shares: 2026 — 84,897 and 2025 —84,897 |
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Common stock, at $0.20 per share par value, authorized shares: 1.5 billion, issued shares: 2026 — 1,230,039,058 and 2025 — 1,214,337,600
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Treasury stock: 2023 — 211,164,919 shares and 2022 — 198,653,682 shares
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| Treasury stock: 2026 — 230,330,507 shares and 2025 — 228,311,184 shares |
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Additional paid-in capital
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Retained earnings
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| Accumulated other comprehensive income |
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Total stockholders' equity
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| Noncontrolling interest |
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| Total equity |
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Liabilities and Equity, Total
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