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Item 15. Exhibit and Financial Statement Schedules

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Item 15. Exhibit and Financial Statement Schedules

**(a)**The following documents are filed as part of this report:

(1) Financial Statements:

Page(s)
Report of Independent Registered Public Accounting Firm — PricewaterhouseCoopers LLP62
Consolidated Statement of Income for the three years ended December 31, 202464
Consolidated Statement of Comprehensive Income for the three years ended December 31, 202465
Consolidated Balance Sheet at December 31, 2024 and 202366
Consolidated Statement of Cash Flows for the three years ended December 31, 202467
Consolidated Statement of Equity for the three years ended December 31, 202468
Notes to the Consolidated Financial Statements69 to 103

(2) Financial Statement Schedules:

Included below is Schedule II - Valuation and Qualifying Accounts for each of the three years in the period ended December 31, 2024.

(3) Exhibits:

The Exhibit Index on the following pages lists the exhibits that are filed as part of this report.

Schedule II — Valuation and Qualifying Accounts

Year ended December 31
Millions of Dollars202420232022
Employee Termination Benefits
Balance at January 1$6$11$43
Additions (reductions) charged to expense987(2)1
Payments(3)(3)(33)
Balance at December 31$990$6$11
Expected Credit Losses
Beginning allowance balance for expected credit losses$641$1,008$745
Current period provision(30)(367)263
Write-offs charged against the allowance, if any———
Balance at December 31$611$641$1,008
Deferred Income Tax Valuation Allowance*
Balance at January 1$20,416$19,532$17,651
Additions to deferred income tax expense1,8812,3483,533
Reduction of deferred income tax expense(984)(1,464)(1,652)
Balance at December 31$21,313$20,416$19,532

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