| Cash Flow | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 |
|---|---|---|---|---|
| Net income | 3,899 | 1,956 | 346 | 4,282 |
| Amortization of deferred financing costs and debt discount | 30 | 21 | 12 | -44 |
| Depreciation and amortization | 2,423 | 1,582 | 793 | 2,511 |
| Pension and other postretirement benefits, net | -36 | 67 | 15 | 18 |
| Deferred income taxes | 251 | -58 | -28 | -132 |
| Net gain on disposal of assets | 4 | 6 | 0 | 17 |
| Income from equity method investments | 1,418 | 442 | 230 | 796 |
| Distributions from equity method investments | 857 | 555 | 227 | 882 |
| Changes in the fair value of derivative instruments | 45 | 54 | 16 | -47 |
| Current receivables | -706 | -61 | 928 | -2,061 |
| Inventories | 285 | 538 | 920 | 588 |
| Current liabilities and other current assets | -1,204 | -515 | 788 | -1,546 |
| Right of use assets and operating lease liabilities, net | -10 | -6 | -2 | 1 |
| All other, net | 0 | -60 | -125 | -219 |
| Net cash provided by operating activities | 5,184 | 2,575 | -64 | 6,458 |
| Additions to property, plant and equipment | 2,305 | 1,358 | 663 | 1,723 |
| Acquisitions, net of cash acquired | 3,316 | 237 | 237 | 622 |
| Disposal of assets | 20 | 18 | 1 | 4 |
| Investments acquisitions and contributions | 821 | 488 | 132 | 450 |
| Investments redemptions, repayments, return of capital and sales proceeds | 571 | 60 | 21 | 141 |
| Purchases of short-term investments | 0 | 0 | 0 | 2,949 |
| Sales of short-term investments | 0 | 0 | 0 | 2,295 |
| Maturities of short-term investments | 0 | 0 | 0 | 4,384 |
| All other, net | -198 | -108 | -87 | -147 |
| Net cash provided by (used in) investing activities | -5,653 | -1,897 | -923 | 1,227 |
| Commercial paper issued | 5,055 | 5,055 | - | - |
| Commercial paper repayments | 5,055 | 4,845 | - | - |
| Long-term debt borrowings | 11,166 | 5,932 | 4,372 | 1,631 |
| Long-term debt repayments | 6,438 | 4,975 | 930 | 811 |
| Debt issuance costs | 80 | 38 | 36 | 15 |
| Issuance of common stock | 24 | 23 | 23 | 19 |
| Common stock repurchased | 2,487 | 1,837 | 1,057 | 7,815 |
| Dividends paid | 840 | 564 | 285 | 862 |
| Distributions to noncontrolling interests | 1,104 | 738 | 370 | 1,005 |
| Repurchases of noncontrolling interests | 300 | 200 | 100 | 226 |
| Redemption of noncontrolling interests - preferred units | - | - | - | 0 |
| All other, net | -29 | -28 | -28 | -43 |
| Net cash used in financing activities | -88 | -2,215 | 1,589 | -9,127 |
| Net change in cash, cash equivalents and restricted cash | -557 | -1,537 | 602 | -1,442 |
| Cash and cash equivalents at beginning of period | 3,211 | 3,211 | 3,211 | 5,446 |
| Cash and cash equivalents at end of period | 2,654 | 1,674 | 3,813 | 4,004 |
Marathon Petroleum Corp (MPC)
Marathon Petroleum Corp (MPC)