Marathon Petroleum Corp
For the period ended Dec 31, 2024. Filed Feb 27, 2025.
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FY2024 · Filed Feb 27, 2025
MPC$389.55-0.1%Stored close · as of Nov 10, 2026
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11. Net Interest and Other Financial Costs
- Net Interest and Other Financial Costs
Net interest and other financial costs were as follows:
| (Millions of dollars) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Interest income | $(376) | $(530) | $(191) |
| Interest expense | 1,365 | 1,325 | 1,299 |
| Interest capitalized | (57) | (60) | (104) |
| Pension and other postretirement non-service costs(a) | (38) | (89) | 3 |
| Loss on extinguishment of debt | — | 9 | 2 |
| Investments - net premium (discount) amortization | (91) | (142) | (30) |
| Other financial costs | 36 | 12 | 21 |
| Net interest and other financial costs | $839 | $525 | $1,000 |
(a)See Note 24.
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