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Summarized Financial Data - Chevron U.S.A. Inc.
9 Months Ended
Sep. 30, 2017
Summarized Financial Data of Subsidiary One [Abstract]  
Summarized Financial Data - Chevron U.S.A. Inc.
Summarized Financial Data — Chevron U.S.A. Inc.
Chevron U.S.A. Inc. (CUSA) is a major subsidiary of Chevron Corporation. CUSA and its subsidiaries manage and operate most of Chevron’s U.S. businesses. Assets include those related to the exploration and production of crude oil, natural gas and natural gas liquids and those associated with refining, marketing, and supply and distribution of products derived from petroleum, excluding most of the regulated pipeline operations of Chevron. CUSA also holds the company’s investment in the Chevron Phillips Chemical Company LLC joint venture, which is accounted for using the equity method.
The summarized financial information for CUSA and its consolidated subsidiaries is as follows:

Nine Months Ended
September 30

2017
 
2016
 
(Millions of dollars)
Sales and other operating revenues
$
75,759

 
$
60,882

Costs and other deductions
75,403

 
63,596

Net income (loss) attributable to CUSA
1,315

 
(917
)

 
At September 30
2017
 
At December 31
2016
 
(Millions of dollars)
Current assets
$
11,566

 
$
11,266

Other assets
53,826

 
55,722

Current liabilities
15,777

 
16,660

Other liabilities
15,337

 
21,701

Total CUSA net equity
$
34,278

 
$
28,627

Memo: Total debt
$
3,057

 
$
9,418