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Consolidated Statement of Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues and Other Income      
Sales and other operating revenues $ 196,913 $ 235,717 $ 155,606
Income (loss) from equity affiliates 5,131 8,585 5,657
Other income (loss) (1,095) 1,950 1,202
Total Revenues and Other Income 200,949 246,252 162,465 Close
Costs and Other Deductions      
Purchased crude oil and products 119,196 145,416 92,249
Operating expenses 24,887 24,714 20,726
Selling, general and administrative expenses 4,141 4,312 4,014
Exploration expenses 914 974 549
Depreciation, depletion and amortization 17,326 16,319 17,925
Taxes other than on income 4,220 4,032 3,963
Interest and debt expense 469 516 712
Other components of net periodic benefit costs 212 295 688
Total Costs and Other Deductions 171,365 196,578 140,826 Close
Income (Loss) Before Income Tax Expense 29,584 49,674 21,639 Close
Income Tax Expense (Benefit) 8,173 14,066 5,950 Close
Net Income (Loss) 21,411 35,608 15,689 Close
Less: Net income (loss) attributable to noncontrolling interests 42 143 64
Net Income (Loss) Attributable to Chevron Corporation $ 21,369 $ 35,465 $ 15,625
Net Income (Loss) Attributable to Chevron Corporation      
– Basic (in dollars per share) $ 11.41 $ 18.36 $ 8.15
– Diluted (in dollars per share) $ 11.36 $ 18.28 $ 8.14