Marathon Petroleum Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	3,672	3,210	5,443	8,625	5,291
Short-Term Investments	-	-	4,781	3,145	5,548
Cash & Short-Term Investments	3,672	3,210	10,224	11,770	10,839
Cash Growth	14.39%	-68.60%	-13.13%	8.59%	2511.81%
Accounts Receivable	6,217	6,845	12,187	13,477	11,034
Other Receivables	4,100	4,300	-	-	-
Receivables	10,317	11,145	12,187	13,477	11,034
Inventory	10,129	9,568	9,317	8,827	8,055
Restricted Cash	-	-	-	-	3
Other Current Assets	662	524	403	1,168	565
Total Current Assets	24,780	24,447	32,131	35,242	30,496
Property, Plant & Equipment	38,890	36,328	36,345	36,871	38,812
Long-Term Investments	6,795	6,857	6,260	6,466	5,409
Goodwill	9,354	8,244	8,244	8,244	8,256
Other Intangible Assets	2,714	1,774	-	-	-
Long-Term Deferred Tax Assets	3	2	1	1	2
Other Long-Term Assets	1,419	1,206	3,006	3,080	2,398
Total Assets	83,955	78,858	85,987	89,904	85,373
Accounts Payable	12,974	13,906	13,761	15,312	13,700
Accrued Expenses	1,556	1,410	1,431	967	911
Current Portion of Long-Term Debt	2,266	2,955	1,885	987	498
Current Portion of Leases	594	511	523	447	511
Current Income Taxes Payable	1,484	1,204	1,221	1,140	1,231
Other Current Liabilities	804	841	1,329	1,167	1,047
Total Current Liabilities	19,678	20,827	20,150	20,020	17,898
Long-Term Debt	29,915	23,802	24,928	25,183	24,443
Long-Term Leases	1,583	1,490	1,165	1,292	1,452
Pension & Post-Retirement Benefits	1,173	1,157	1,102	1,114	1,015
Long-Term Deferred Tax Liabilities	5,984	5,771	5,834	5,904	5,638
Other Long-Term Liabilities	1,536	1,305	1,409	1,304	1,346
Total Liabilities	59,869	54,352	54,588	54,817	51,792
Common Stock	10	10	10	10	10
Additional Paid-In Capital	33,685	33,624	33,465	33,402	33,262
Retained Earnings	39,751	36,848	34,562	26,142	12,905
Treasury Stock	-56,027	-52,623	-43,502	-31,841	-19,904
Comprehensive Income & Other	-105	-114	-131	2	-67
Total Common Equity	17,314	17,745	24,404	27,715	26,206
Minority Interest	6,772	6,761	6,995	7,372	7,375
Shareholders' Equity	24,086	24,506	31,399	35,087	33,581
Total Liabilities & Equity	83,955	78,858	85,987	89,904	85,373
Total Debt	34,358	28,758	28,501	27,909	26,904
Net Cash (Debt)	-30,686	-25,548	-18,277	-16,139	-16,065
Net Cash Per Share	-100.28	-74.92	-44.69	-31.28	-25.18
Filing Date Shares Outstanding	294.74	312.58	361.36	445.55	565.21
Total Common Shares Outstanding	295	316	368	454	579
Working Capital	5,102	3,620	11,981	15,222	12,598
Book Value Per Share	58.69	56.16	66.32	61.05	45.26
Tangible Book Value	5,246	7,727	16,160	19,471	17,950
Tangible Book Value Per Share	17.78	24.45	43.91	42.89	31.00
Construction In Progress	2,910	1,780	1,400	2,290	2,270

Source: S&P Global Market Intelligence. Standard template. Financial Sources.