Non-Current Liabilities

Retirement and nonpension postretirement benefit obligations

Marathon Petroleum Retirement and nonpension postretirement benefit obligations increased by 3.6% to $1.17B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 1.4%, from $1.16B to $1.17B. Over 5 years (FY 2020 to FY 2025), Retirement and nonpension postretirement benefit obligations shows a downward trend with a -11.2% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryRisk
SignalLower is better
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026

How to read this metric

An increase suggests rising long-term benefit obligations or lower plan asset performance, while a decrease indicates reduced future liability or improved funding status.

Detailed definition

This represents the long-term financial obligations a company expects to pay to retired employees for pension benefits a...

Peer comparison

Standard across capital-intensive industries with legacy workforces; peers often disclose this as part of net periodic benefit cost.

Metric ID: non_current_liabilities_pension_and_other_postretirement_0d4947

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$1.85B$1.35B$1.02B$1.06B$1.13B$1.31B$1.11B$1.15B$1.18B$971.00M$1.10B$1.18B$1.23B$1.19B$1.16B$1.18B$1.23B$1.13B$1.17B
QoQ Change-26.8%-25.0%+4.7%+6.6%+15.2%-14.6%+3.0%+3.0%-17.8%+13.5%+7.3%+3.9%-3.0%-2.9%+1.6%+4.7%-8.0%+3.6%
YoY Change-38.8%-3.6%+9.8%+7.9%+4.2%-25.6%-1.1%+3.1%+4.0%+22.7%+5.0%-0.5%+0.2%-5.0%+1.4%
Range$971.00M$1.85B
CAGR-9.6%
Avg YoY Growth-1.1%
Median YoY Growth+1.4%

Frequently Asked Questions

What is Marathon Petroleum's retirement and nonpension postretirement benefit obligations?
Marathon Petroleum (MPC) reported retirement and nonpension postretirement benefit obligations of $1.17B in Q4 2025.
How has Marathon Petroleum's retirement and nonpension postretirement benefit obligations changed year-over-year?
Marathon Petroleum's retirement and nonpension postretirement benefit obligations increased by 1.4% year-over-year, from $1.16B to $1.17B.
What is the long-term trend for Marathon Petroleum's retirement and nonpension postretirement benefit obligations?
Over 5 years (2020 to 2025), Marathon Petroleum's retirement and nonpension postretirement benefit obligations has grown at a -11.2% compound annual growth rate (CAGR), from $2.12B to $1.17B.
What does retirement and nonpension postretirement benefit obligations mean?
The estimated long-term cost of providing pension and healthcare benefits to retired employees.