v3.25.3
Discontinued Operations (Tables)
 9 Months Ended
Sep. 30, 2025
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Disposal Groups, Including Discontinued Operations
The following table summarizes the carrying amounts of major classes of assets and liabilities of discontinued operations (in millions):

September 30,
2025		December 31,
2024
Assets:
Current assets:
Trade accounts receivable and other receivables, net
$165 $222 
Inventory223 178 
Other current assets46 15 
Total current assets of discontinued operations
$434 $415 
Long-term assets:
Property and equipment, net (1)
$2,125 $1,978 
Linefill69 64 
Long-term operating lease right-of-use assets, net134 143 
Long-term inventory38 38 
Other long-term assets, net113 126 
Total long-term assets of discontinued operations
$2,479 $2,349 
Liabilities:
Current liabilities:
Trade accounts payable
$193 $234 
Other current liabilities90 116 
Total current liabilities of discontinued operations
$283 $350 
Long-term liabilities:
Long-term operating lease liabilities$101 $121 
Other long-term liabilities and deferred credits496 455 
Total long-term liabilities of discontinued operations
$597 $576 
(1)Amounts are net of accumulated depreciation of $866 million and $794 million as of September 30, 2025 and December 31, 2024, respectively.
The following table provides a reconciliation of the line items comprising pretax income from discontinued operations to income from discontinued operations, net of tax (in millions):

Three Months Ended
September 30,		Nine Months Ended
September 30,
2025202420252024
Revenues:
Product sales
$139 $261 $818 $715 
Services
37 26 102 102 
Total revenues
176 287 920 817 
Cost and Expenses:
Purchases and related costs
(7)17 245 247 
Field operating costs68 75 190 229 
General and administrative expenses10 12 36 41 
Depreciation and amortization
— 31 57 94 
(Gains)/losses on asset sales, net
2 1 15 (1)
Total costs and expenses
73 136 543 610 
Income from discontinued operations before tax103 151 377 207 
Current income tax expense
(7)(16)(61)(71)
Deferred income tax (expense)/benefit
(20)(21)(35)20 
Income from discontinued operations, net of tax$76 $114 $281 $156