Overview Financials News + Filings Key Docs Charts Transactions Ownership Insiders
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| In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
| | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
| Cash flows from operating activities: | | | | | | | | |
| Net income | 11,879.0 | 1,288.0 | -1,107.0 | 2,784.0 | 3,353.0 | 4,156.0 | 2,417.0 | 4,101.0 |
| Adjustments to reconcile net income to net cash from operating activities: | | | | | | | | |
| Depreciation and amortization expense | 2,473.0 | 2,405.0 | 2,351.0 | 2,255.0 | 2,069.0 | 1,986.0 | 1,894.0 | 1,842.0 |
| Deferred income tax expense (benefit) | 50.0 | -126.0 | 158.0 | 234.0 | 203.0 | -2,543.0 | 230.0 | 165.0 |
| Changes in deferred charges and credits and other operating activities, net | -249.0 | -64.0 | -90.0 | -58.0 | 43.0 | 594.0 | -6.0 | 19.0 |
| Net cash provided by operating activities | 12,574.0 | 5,859.0 | 948.0 | 5,531.0 | 4,371.0 | 5,482.0 | 4,820.0 | 5,611.0 |
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| Cash flows from investing activities: | | | | | | | | |
| Deferred turnaround and catalyst cost expenditures | | | | | | | -718.0 | -2,291.0 |
| Proceeds from sale of assets | | | | | | | | |
| Other investing activities, net | -99.0 | 38.0 | 65.0 | -63.0 | 8.0 | -2.0 | -6.0 | -55.0 |
| Net cash used in investing activities | -2,805.0 | -2,159.0 | -2,425.0 | -3,001.0 | -3,928.0 | -2,382.0 | -2,006.0 | -2,487.0 |
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| Cash flows from financing activities: | | | | | | | | |
| Proceeds from borrowings of other VIEs | | | | | | | | 1,446.0 |
| Repayments of debt and finance lease obligations | | | | | | | -1,475.0 | -513.0 |
| Premiums paid on early retirement of debt | | | | | | | | |
| Purchases of common stock for treasury | -4,577.0 | -27.0 | -156.0 | -777.0 | -1,708.0 | -1,372.0 | -1,336.0 | -2,838.0 |
| Common stock dividend payments | -1,562.0 | -1,602.0 | -1,600.0 | -1,492.0 | -1,369.0 | -1,242.0 | -1,111.0 | -848.0 |
| Contributions from noncontrolling interests | 265.0 | 189.0 | | | 32.0 | 30.0 | | 5.0 |
| Distributions to noncontrolling interests | -93.0 | -2.0 | -208.0 | -70.0 | -116.0 | -67.0 | | |
| Other financing activities, net | -16.0 | -18.0 | -34.0 | -22.0 | -2.0 | 20.0 | -178.0 | 25.0 |
| Net cash used in financing activities | -8,849.0 | -2,846.0 | 2,077.0 | -2,997.0 | -3,168.0 | -2,272.0 | -2,012.0 | -2,545.0 |
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