| Balance Sheets | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 |
|---|---|---|---|---|
| Cash and cash equivalents | 2,654 | 1,673 | 3,812 | 4,002 |
| Short-term investments | - | - | - | 1,141 |
| Receivables, less allowance for expected credit loss of 20 and 73, respectively | 10,487 | 11,128 | 12,114 | 10,180 |
| Inventories | 9,829 | 10,106 | 10,488 | 9,886 |
| Other current assets | 626 | 821 | 726 | 740 |
| Assets held for sale | 1,034 | - | - | - |
| Total current assets | 24,630 | 23,728 | 27,140 | 25,949 |
| Equity method investments | 6,900 | 7,294 | 7,095 | 6,976 |
| Gross pp&e | 70,067 | 67,494 | 66,927 | 65,150 |
| Accumulated depreciation | 33,083 | 32,689 | 31,984 | 30,608 |
| Property, plant and equipment, net | 36,984 | 34,805 | 34,943 | 34,542 |
| Goodwill | 9,331 | 8,244 | 8,244 | 8,244 |
| Intangibles, net | 2,749 | - | - | - |
| Right of use assets, net | 1,373 | 1,399 | 1,249 | 1,192 |
| Other noncurrent assets | 1,273 | 3,014 | 2,962 | 2,930 |
| Total assets | 83,240 | 78,484 | 81,633 | 79,833 |
| Accounts payable | 12,486 | 13,345 | 14,748 | 12,763 |
| Payroll and benefits payable | 968 | 756 | 1,155 | 967 |
| Accrued taxes | 1,381 | 1,414 | 1,265 | 1,302 |
| Debt due within one year | 1,612 | 1,819 | 4,065 | 4,167 |
| Operating lease liabilities | 441 | 446 | 410 | 485 |
| Other current liabilities | 1,610 | 1,475 | 1,082 | 1,384 |
| Liabilities held for sale | 230 | - | - | - |
| Total current liabilities | 18,728 | 19,255 | 22,725 | 21,068 |
| Long-term debt | 31,232 | 26,835 | 26,845 | 24,053 |
| Deferred income taxes | 5,964 | 5,718 | 5,759 | 5,766 |
| Defined benefit postretirement plan obligations | 1,132 | 1,231 | 1,176 | 1,191 |
| Long-term operating lease liabilities | 918 | 935 | 817 | 691 |
| Deferred credits and other liabilities | 1,377 | 1,246 | 1,246 | 1,352 |
| Total liabilities | 59,351 | 55,220 | 58,568 | 54,121 |
| Redeemable noncontrolling interest | 0 | 0 | 0 | 203 |
| Issued 994million and 994million shares (par value 0.01 per share, 2billion shares authorized) | 10 | 10 | 10 | 10 |
| Held in treasury, at cost 693million and 678million shares | 55,016 | 54,360 | 53,662 | 51,320 |
| Additional paid-in capital | 33,695 | 33,658 | 33,668 | 33,630 |
| Retained earnings | 38,517 | 37,424 | 36,489 | 36,771 |
| Accumulated other comprehensive loss | -109 | -108 | -109 | -158 |
| Total mpc stockholders equity | 17,097 | 16,624 | 16,396 | 18,933 |
| Noncontrolling interests | 6,792 | 6,640 | 6,669 | 6,576 |
| Total equity | 23,889 | 23,264 | 23,065 | 25,509 |
| Total liabilities, redeemable noncontrolling interest and equity | 83,240 | 78,484 | 81,633 | 79,833 |
Marathon Petroleum Corp (MPC)
Marathon Petroleum Corp (MPC)