v3.26.1
Properties, Plants and Equipment (Tables)
3 Months Ended
Mar. 31, 2026
Property, Plant and Equipment [Abstract]  
Schedule of Properties, Plants and Equipment with Associated Accumulated Depreciation and Amortization
Our investment in PP&E and the associated accumulated depreciation and amortization (Accum. D&A) balances were as follows:

 Millions of Dollars
 March 31, 2026December 31, 2025
 Gross
PP&E
Accum.
D&A
  Net
PP&E
Gross
PP&E
Accum.
D&A
Net
PP&E
Midstream$29,903 5,973 23,930 29,558 5,771 23,787 
Chemicals   — — — 
Refining22,959 11,027 11,932 25,955 13,685 12,270 
Marketing and Specialties1,029 556 473 1,014 543 471 
Renewable Fuels3,787 1,789 1,998 3,772 1,762 2,010 
Corporate and Other4,592 3,776 816 1,492 933 559 
$62,270 23,121 39,149 61,791 22,694 39,097