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CONSOLIDATED STATEMENT OF INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues and Other Income    
Sales and other operating revenues $ 46,580 $ 48,842
Income (loss) from equity affiliates 1,441 1,588
Other income (loss) 695 363
Total Revenues and Other Income 48,716 50,793 Close
Costs and Other Deductions    
Purchased crude oil and products 27,741 29,407
Operating expenses 6,533 6,021
Selling, general and administrative expenses 1,010 881
Exploration expenses 129 190
Depreciation, depletion and amortization 4,091 3,526
Taxes other than on income 1,124 1,096
Interest and debt expense 118 115
Other components of net periodic benefit costs 48 38
Total Costs and Other Deductions 40,794 41,274 Close
Income (Loss) Before Income Tax Expense 7,922 9,519 Close
Income Tax Expense (Benefit) 2,371 2,914 Close
Net Income (Loss) 5,551 6,605 Close
Less: Net income (loss) attributable to noncontrolling interests 50 31
Net Income (Loss) Attributable to Chevron Corporation $ 5,501 $ 6,574
Net Income (Loss) Attributable to Chevron Corporation    
Basic (in dollars per share) $ 2.99 $ 3.48
Diluted (in dollars per share) $ 2.97 $ 3.46
Weighted Average Number of Shares Outstanding    
Basic (in shares) 1,842,377 1,891,695
Diluted (in shares) 1,849,116 1,900,785