← Marathon Petroleum Corp

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
ASSETS
Current assets:
Cash and Cash Equivalents, at Carrying Value $887.0m $3.0b $1.7b $1.5b $415.0m $5.3b $8.6b $5.4b $3.2b $3.7b
Cash and cash equivalents $887.0m $3.0b $1.7b $1.5b $415.0m $5.3b $8.6b $5.4b $3.2b $3.7b
Other current assets $241.0m $145.0m $646.0m $528.0m $2.7b $568.0m $1.2b $971.0m $524.0m $662.0m
Receivables, less allowance for expected credit loss of $20 and $73, respectively $3.6b $4.7b $5.9b $7.9b $5.8b $11.0b $13.5b $11.6b $11.1b $10.3b
Short-term Investments — — — — — — $3.1b $4.8b $0 —
Inventory, Net $5.7b $5.5b $9.8b $10.2b $8.0b $8.1b $8.8b $9.3b $9.6b $10.1b
Assets, Current $10.4b $13.4b $18.0b $20.2b $28.3b $30.5b $35.2b $32.1b $24.4b $24.8b
Total current assets $10.4b $13.4b $18.0b $20.2b $28.3b $30.5b $35.2b $32.1b $24.4b $24.8b
Property, Plant and Equipment, Net $25.8b $26.4b $45.1b $45.6b $39.0b $37.4b $35.7b $35.1b $35.0b $37.4b
Goodwill $3.6b $3.6b $20.2b $20.0b $8.3b $8.3b $8.2b $8.2b $8.2b $9.4b
Intangible Assets, Net (Excluding Goodwill) $725.0m $726.0m $3.3b $2.9b $2.4b $2.1b $1.9b $1.8b $1.7b $2.7b
Intangibles, net — — — — — — — — $1.8b $2.7b
Operating Lease, Right-of-Use Asset — — — $2.5b $1.5b $1.4b $1.2b $1.2b $1.3b $1.5b
Other Assets, Noncurrent $833.0m $830.0m $3.8b $3.4b $2.6b $2.4b $3.1b $3.0b $3.0b $1.4b
Other noncurrent assets $833.0m $830.0m $3.8b $3.4b $2.6b $2.4b $3.1b $3.0b $3.0b $1.4b
Right of use assets, net — — $0 $2.5b $1.5b $1.4b $1.2b $1.2b $1.3b $1.5b
Additional Financial Items
Accounts Receivable, after Allowance for Credit Loss, Current $3.6b $4.7b $5.9b $7.9b $5.8b $11.0b $13.5b $11.6b $11.1b $10.3b
Debt due within one year $28.0m $624.0m $544.0m $711.0m $2.9b $571.0m $1.1b $2.0b $3.0b $2.4b
Deferred credits and other liabilities $604.0m $666.0m $1.3b $1.3b $1.2b $1.3b $1.3b $1.4b $1.3b $1.5b
Deferred income taxes $3.9b $2.7b $4.9b $6.4b $6.2b $5.6b $5.9b $5.8b $5.8b $6.0b
Equity method investments $3.8b $4.8b $5.9b $6.9b $5.4b $5.4b $6.5b $6.3b $6.9b $6.8b
Held in treasury, at cost – 699 million and 678 million shares ($7.5b) ($9.9b) ($13.2b) ($15.1b) ($15.2b) ($19.9b) ($31.8b) ($43.5b) ($52.6b) ($56.0b)
Long-term operating lease liabilities — — $0 $1.9b $1.0b $927.0m $841.0m $764.0m $860.0m $993.0m
Operating lease liabilities — — $0 $604.0m $497.0m $438.0m $368.0m $454.0m $417.0m $489.0m
Other current liabilities $378.0m $296.0m $708.0m $897.0m $822.0m $1.0b $1.2b $1.6b $1.2b $1.3b
Payroll and benefits payable $530.0m $591.0m $1.2b $1.1b $732.0m $911.0m $967.0m $1.1b $1.1b $1.1b
Total MPC stockholders’ equity $13.6b $14.0b $35.2b $33.7b $22.2b $26.2b $27.7b $24.4b $17.7b $17.3b
Total equity $20.2b $20.8b $44.0b $42.1b $29.3b $32.6b $34.1b $30.5b $24.3b $24.1b
Assets $44.4b $49.0b $92.9b $98.6b $85.2b $85.4b $89.9b $86.0b $78.9b $84.0b
Total assets $44.4b $49.0b $92.9b $98.6b $85.2b $85.4b $89.9b $86.0b $78.9b $84.0b
LIABILITIES AND EQUITY
Current liabilities:
Accounts Payable, Current $5.6b $8.3b $9.4b $11.6b $7.8b $13.7b $15.3b $13.8b $13.9b $13.0b
Accrued taxes $153.0m $169.0m $1.4b $1.2b $1.1b $1.2b $1.1b $1.2b $1.2b $1.5b
Operating Lease, Liability, Current — — — $604.0m $497.0m $438.0m $368.0m $454.0m $417.0m $489.0m
Operating Lease, Liability, Noncurrent — — — $1.9b $1.0b $927.0m $841.0m $764.0m $860.0m $993.0m
Liabilities, Current $7.1b $10.5b $13.2b $16.1b $15.7b $17.9b $20.0b $20.1b $20.8b $19.7b
Total current liabilities $7.1b $10.5b $13.2b $16.1b $15.7b $17.9b $20.0b $20.1b $20.8b $19.7b
Deferred Income Tax Liabilities, Net $3.9b $2.7b $4.9b $6.4b $6.2b $5.6b $5.9b $5.8b $5.8b $6.0b
Defined benefit postretirement plan obligations $1.1b $1.1b $1.5b $1.6b $2.1b $1.0b $1.1b $1.1b $1.2b $1.2b
Long-term debt $10.5b $12.3b $27.0b $28.1b $28.7b $25.0b $25.6b $25.3b $24.4b $30.5b
Deferred Tax Liabilities, Net $3.8b $2.6b $4.8b $6.4b $6.2b $5.6b $5.9b $5.8b $5.8b $6.0b
Liabilities $23.2b $27.2b $47.9b $55.4b $54.9b $51.8b $54.8b $54.6b $54.4b $59.9b
Total liabilities $23.2b $27.2b $47.9b $55.4b $54.9b $51.8b $54.8b $54.6b $54.4b $59.9b
Redeemable Noncontrolling Interest, Equity, Carrying Amount $1.0b $1.0b $1.0b $968.0m $968.0m $965.0m $968.0m $895.0m $203.0m $0
Redeemable noncontrolling interest $1.0b $1.0b $1.0b $968.0m $968.0m $965.0m $968.0m $895.0m $203.0m $0
Stockholders’ equity:
Accumulated Other Comprehensive Income (Loss), Net of Tax ($234.0m) ($231.0m) ($144.0m) ($320.0m) ($512.0m) ($67.0m) $2.0m ($131.0m) ($114.0m) ($105.0m)
Accumulated other comprehensive loss ($234.0m) ($231.0m) ($144.0m) ($320.0m) ($512.0m) ($67.0m) $2.0m ($131.0m) ($114.0m) ($105.0m)
Additional Paid in Capital, Common Stock $11.1b $11.3b $33.7b $33.2b $33.2b $33.3b $33.4b $33.5b $33.6b $33.7b
Additional paid-in capital $11.1b $11.3b $33.7b $33.2b $33.2b $33.3b $33.4b $33.5b $33.6b $33.7b
Common Stock, Value, Issued $7.0m $7.0m $10.0m $10.0m $10.0m $10.0m $10.0m $10.0m $10.0m $10.0m
Preferred Stock, Value, Issued $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Retained Earnings (Accumulated Deficit) $10.2b $12.9b $14.8b $16.0b $4.7b $12.9b $26.1b $34.6b $36.8b $39.8b
Stockholders' Equity Attributable to Parent $13.6b $14.0b $35.2b $33.7b $22.2b $26.2b $27.7b $24.4b $17.7b $17.3b
Noncontrolling interests $6.6b $6.8b $8.9b $8.4b $7.1b $6.4b $6.4b $6.1b $6.6b $6.8b
Stockholders' Equity Attributable to Noncontrolling Interest $6.6b $6.8b $8.9b $8.4b $7.1b $6.4b $6.4b $6.1b $6.6b $6.8b
Liabilities and Equity $44.4b $49.0b $92.9b $98.6b $85.2b $85.4b $89.9b $86.0b $78.9b $84.0b
Total liabilities, redeemable noncontrolling interest and equity $44.4b $49.0b $92.9b $98.6b $85.2b $85.4b $89.9b $86.0b $78.9b $84.0b

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.