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CONSOLIDATED STATEMENT OF INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenues and Other Income        
Sales and other operating revenues $ 49,574 $ 47,216 $ 96,154 $ 96,058
Income (loss) from equity affiliates 1,206 1,240 2,647 2,828
Other income (loss) 401 440 1,096 803
Total Revenues and Other Income 51,181 48,896 99,897 99,689 Close
Costs and Other Deductions        
Purchased crude oil and products 30,867 28,984 58,608 58,391
Operating expenses 6,614 6,057 13,147 12,078
Selling, general and administrative expenses 1,048 1,128 2,058 2,009
Exploration expenses 263 169 392 359
Depreciation, depletion and amortization 4,004 3,521 8,095 7,047
Taxes other than on income 1,188 1,041 2,312 2,137
Interest and debt expense 113 120 231 235
Other components of net periodic benefit costs 48 39 96 77
Total Costs and Other Deductions 44,145 41,059 84,939 82,333 Close
Income (Loss) Before Income Tax Expense 7,036 7,837 14,958 17,356 Close
Income Tax Expense (Benefit) 2,593 1,829 4,964 4,743 Close
Net Income (Loss) 4,443 6,008 9,994 12,613 Close
Less: Net income (loss) attributable to noncontrolling interests 9 (2) 59 29
Net Income (Loss) Attributable to Chevron Corporation $ 4,434 $ 6,010 $ 9,935 $ 12,584
Net Income (Loss) Attributable to Chevron Corporation        
Basic (in dollars per share) $ 2.43 $ 3.22 $ 5.42 $ 6.70
Diluted (in dollars per share) $ 2.43 $ 3.20 $ 5.40 $ 6.66
Weighted Average Number of Shares Outstanding        
Basic (in shares) 1,825,842 1,867,165 1,834,110 1,879,363
Diluted (in shares) 1,833,431 1,875,508 1,841,274 1,888,077