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CONSOLIDATED STATEMENT OF INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenues and Other Income        
Sales and other operating revenues $ 48,926 $ 51,922 $ 145,080 $ 147,980
Income (loss) from equity affiliates 1,261 1,313 3,908 4,141
Other income (loss) 482 845 1,578 1,648
Total Revenues and Other Income 50,669 54,080 150,566 153,769 Close
Costs and Other Deductions        
Purchased crude oil and products 30,450 32,328 89,058 90,719
Operating expenses 6,695 6,299 19,842 18,377
Selling, general and administrative expenses 1,191 1,163 3,249 3,172
Exploration expenses 154 301 546 660
Depreciation, depletion and amortization 4,214 4,025 12,309 11,072
Taxes other than on income 1,263 1,021 3,575 3,158
Interest and debt expense 164 114 395 349
Other components of net periodic benefit costs 49 91 145 168
Total Costs and Other Deductions 44,180 45,342 129,119 127,675 Close
Income (Loss) Before Income Tax Expense 6,489 8,738 21,447 26,094 Close
Income Tax Expense (Benefit) 1,993 2,183 6,957 6,926 Close
Net Income (Loss) 4,496 6,555 14,490 19,168 Close
Less: Net income (loss) attributable to noncontrolling interests 9 29 68 58
Net Income (Loss) Attributable to Chevron Corporation $ 4,487 $ 6,526 $ 14,422 $ 19,110
Net Income (Loss) Attributable to Chevron Corporation        
Basic (in dollars per share) $ 2.49 $ 3.48 $ 7.91 $ 10.18
Diluted (in dollars per share) $ 2.48 $ 3.48 $ 7.88 $ 10.14
Weighted Average Number of Shares Outstanding        
Basic (in shares) 1,800,336 1,870,963 1,822,770 1,876,532
Diluted (in shares) 1,807,030 1,877,104 1,829,776 1,884,407