v3.25.4
Goodwill and Intangibles (Tables)
 12 Months Ended
Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes in Carrying Amount of Goodwill
The carrying amount of goodwill by segment at December 31 was:
 Millions of Dollars
 MidstreamMarketing and SpecialtiesTotal
Balance at December 31, 2023$626 924 1,550 
Goodwill assigned to acquisitions22 3 25 
Balance at December 31, 2024648 927 1,575 
Adjustments— (1)(1)
Goodwill assigned to divestiture— (141)(141)
Balance at December 31, 2025$648 785 1,433 
Schedule of Changes in Carrying Value of Intangible Assets
The gross carrying value of indefinite-lived intangible assets at December 31 consisted of the following:
 
Millions of Dollars
 20252024
Trade names and trademarks$410 503 
Refinery air and operating permits117 109 
$527 612