
	Millions of Dollars
	Three Months Ended March 31, 2026
	Operating Segments
	Midstream		Chemicals	Refining	M&S	Renewable Fuels	Corporate and Other	Consolidating Adjustments	Total Consolidated
Revenues and Other Income
Third-party sales and other operating revenues	$	4,718		7,772	19,544	496	10	—	32,540
Intercompany revenues	806		—	14,762	656	1,051	2	(17,277)	—
Total sales and other operating revenues	5,524		—	22,534	20,200	1,547	12	(17,277)	32,540
Equity in earnings of affiliates	103		114	—	35	—	—	—	252
Net gain on dispositions	6		—	—	—	—	—	—	6
Other income	19		—	26	62	74	25	(2)	204
Total Revenues and Other Income	5,652		114	22,560	20,297	1,621	37	(17,279)	33,002

Costs and Expenses
Purchased crude oil and products	4,109		—	20,733	20,118	1,498	1	(17,243)	29,216
Operating expenses*	541		2	1,229	19	89	37	(36)	1,881
Selling, general and administrative expenses*	56		(2)	52	297	21	113	—	537
Depreciation and amortization	274		—	215	20	23	26	—	558
Impairments	4		—	2	—	2	—	—	8
Taxes other than income taxes	75		—	106	2	31	20	—	234
Interest and debt expense	—		—	—	—	—	286	—	286
Other segment items**	2		—	15	2	(2)	5	—	22
Total Costs and Expenses	5,061		—	22,352	20,458	1,662	488	(17,279)	32,742

Income (loss) before income taxes	$	591	114	208	(161)	(41)	(451)	—	260
* These significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM. The total of the line items "Operating expenses" and "Selling, general and administrative expenses" is considered "Controllable costs" and is provided to the CODM.
** “Other segment items” for each reportable segment includes the following line items on our consolidated statement of income: “Accretion on discounted liabilities” and “Foreign currency transaction (gains) losses.”


	Millions of Dollars
	Three Months Ended March 31, 2025
	Operating Segments
	Midstream		Chemicals	Refining	M&S	Renewable Fuels	Corporate and Other	Consolidating Adjustments	Total Consolidated
Revenues and Other Income
Third-party sales and other operating revenues	$	4,827	—	5,702	19,163	728	10	—	30,430
Intercompany revenues	631		—	10,173	478	781	2	(12,065)	—
Total sales and other operating revenues	5,458		—	15,875	19,641	1,509	12	(12,065)	30,430
Equity in earnings (losses) of affiliates	110		113	(105)	36	(1)	—	—	153
Net gain on dispositions	69		—	—	1,018	—	—	—	1,087
Other income	10		—	3	6	19	18	—	56
Total Revenues and Other Income	5,647		113	15,773	20,701	1,527	30	(12,065)	31,726

Costs and Expenses
Purchased crude oil and products	4,089		—	15,025	19,045	1,536	—	(12,035)	27,660
Operating expenses*	458		2	1,074	18	96	4	(30)	1,622
Selling, general and administrative expenses*	53		(2)	46	328	18	76	—	519
Depreciation and amortization	233		—	456	20	23	59	—	791
Impairments	—		—	1	—	—	25	—	26
Taxes other than income taxes	61		—	110	9	35	18	—	233
Interest and debt expense	—		—	—	—	—	221	—	221
Other segment items**	2		—	(2)	(1)	4	3	—	6
Total Costs and Expenses	4,896		—	16,710	19,419	1,712	406	(12,065)	31,078

Income (loss) before income taxes	$	751	113	(937)	1,282	(185)	(376)	—	648
* These significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM. The total of the line items "Operating expenses" and "Selling, general and administrative expenses" is considered "Controllable costs" and is provided to the CODM.
** “Other segment items” for each reportable segment includes the following line items on our consolidated statement of income: “Accretion on discounted liabilities” and “Foreign currency transaction (gains) losses.”


	Millions of Dollars
	Operating Segments
	Midstream		Chemicals	Refining	M&S	Renewable Fuels	Corporate and Other	Total Consolidated
Three Months Ended March 31, 2026
Interest Income	$	—	—	—	—	—	31	31
Capital Expenditures and Investments	343		—	210	9	10	10	582
Three Months Ended March 31, 2025
Interest Income	$	—	—	—	—	—	34	34
Capital Expenditures and Investments	216		—	176	15	9	7	423


	Millions of Dollars
	Operating Segments
	Midstream		Chemicals	Refining	M&S	Renewable Fuels	Corporate and Other	Total Consolidated
As of March 31, 2026
Investments In and Advances to Affiliates	$	2,097	8,018	70	1,293	15	3	11,496
Total Assets	30,348		8,018	22,632	12,637	3,182	7,267	84,084
As of December 31, 2025
Investments In and Advances to Affiliates	$	2,117	7,899	65	1,330	15	2	11,428
Total Assets	30,172		7,899	19,435	10,059	3,197	2,918	73,680