v3.25.4
Other Financial Information
 12 Months Ended
Dec. 31, 2025
Other Income and Expenses [Abstract]  
Other Financial Information Other Financial Information
 
 Millions of Dollars
 202520242023
Interest and Debt Expense
Incurred
Debt
$997 919 842 
Other
63 9 86 
1,060 928 928 
Capitalized(21)(21)(31)
Expensed$1,039 907 897 
Other Income
Interest income$141 158 269 
Unrealized investment loss—NOVONIX(15)— (38)
Other, net*312 85 128 
$438 243 359 
* Includes derivatives-related activities. See Note 19—Derivatives and Financial Instruments, for additional information.
Research and Development Expenses$6 15 27 
Advertising Expenses$62 51 54 
Foreign Currency Transaction (Gains) Losses
Midstream$— — — 
Chemicals— — — 
Refining(21)— 19 
Marketing and Specialties2 3 2 
Renewable Fuels6 2 3 
Corporate and Other12 6 (2)
$(1)11 22