Non-Current Assets

ConocoPhillips·Balance Sheet Statement·26 metrics

Breakdown

Metric	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26
Total assets	$96.0B	$96.7B	$122.8B	$124.3B	$122.6B	$122.5B	$121.9B	$122.7B
Accumulated depreciation	$77.9B	$79.5B	$81.1B	$82.9B	$86.5B	$87.5B	$90.4B	$93.5B
Property, plant and equipment, net	—	—	$94.4B	$94.3B	$95.2B	$93.5B	$93.2B	$93.1B
Investments and long-term receivables	$9.3B	$9.2B	$9.9B	$10.0B	$10.4B	$10.1B	$10.2B	$10.3B
Accounts and notes receivable	—	—	$6.7B	$6.4B	$5.7B	$5.7B	$5.8B	$7.1B
Deferred Tax Assets and Other Non-Current Assets	$2.7B	$2.8B	$187.0M	$3.0B	$3.1B	$3.0B	$103.0M	$3.0B
Other non-current assets	$2.7B	$2.8B	$2.9B	$3.0B	$3.1B	$3.0B	$3.0B	$3.0B
Software and Technology Licenses, Net	$2.7B	$2.8B	$2.9B	$3.0B	$3.1B	$3.0B	$3.0B	$3.0B
Investments - Amortized Cost Basis	$1.5B	$1.5B	$1.5B	$1.6B	$1.6B	$1.6B	$1.6B	$1.6B
Short-term investment securities (includes restricted investments of consolidated variable interest entities: 2026, $85; 2025, $84)	$1.7B	$1.6B	$507.0M	$926.0M	$439.0M	$996.0M	$484.0M	$486.0M
Allowance for credit losses	—	—	$0.0	—	—	—	$0.0	—
Deferred Tax Assets - Foreign Tax Credits	—	—	$1.2B	—	—	—	—	—
Deferred Tax Assets - Investments	—	—	$2.3B	—	—	—	$2.4B	—
Available-for-sale securities	—	—	$1.1B	—	—	—	$1.1B	—
Accumulated Amortization on Finance Lease Assets	—	—	$1.3B	—	—	—	$1.5B	—
Long-term receivables, net	—	—	$113.0M	—	—	—	$110.0M	—
Net Investment in Lease	—	—	$1.0B	—	—	—	$950.0M	—
Net Operating Loss Carryforwards	—	—	$4.9B	—	—	—	$4.0B	—
Long-term marketable securities	—	—	$1.1B	—	—	—	$1.1B	—
Operating lease right-of-use assets	—	—	$1.0B	—	—	—	$950.0M	—
Property, Plant and Equipment, Other, Gross	—	—	$4.6B	—	—	—	$4.8B	—
Operating lease right-of-use assets	—	—	4.6%	—	—	—	4.6%	—
Operating Lease Right-of-Use Assets in Other Assets	—	—	$1.0B	—	—	—	$950.0M	—
Other Investments	—	—	$90.0M	—	—	—	$94.0M	—
Total property and equipment, gross	—	—	$175.4B	—	—	—	$183.6B	—
Tax Credit Carryforward Valuation Allowance	—	—	$6.4B	—	—	—	$5.9B	—