v3.25.4
Properties, Plants and Equipment (Tables)
12 Months Ended
Dec. 31, 2025
Property, Plant and Equipment [Abstract]  
Schedule of Property, Plant and Equipment The company’s investment in PP&E, with the associated accumulated depreciation and amortization (Accum. D&A), at December 31 was:
 
 Millions of Dollars
 20252024
 Gross
PP&E
Accum.
D&A
Net
PP&E
Gross
PP&E
Accum.
D&A
Net
PP&E
Midstream$29,558 5,771 23,787 26,187 4,820 21,367 
Chemicals— — — — — — 
Refining25,955 13,685 12,270 22,274 11,991 10,283 
Marketing and Specialties1,014 543 471 2,091 1,267 824 
Renewable Fuels3,772 1,762 2,010 3,716 1,669 2,047 
Corporate and Other1,492 933 559 1,688 945 743 
$61,791 22,694 39,097 55,956 20,692 35,264