Investments and Advances (Tables)

12 Months Ended

Dec. 31, 2017

Investments in and Advances to Affiliates, Schedule of Investments [Abstract]

Equity in earnings, together with investments in and advances to companies accounted for using the equity method and other investments accounted for at or below cost

Equity in earnings, together with investments in and advances to companies accounted for using the equity method and other investments accounted for at or below cost, is shown in the following table. For certain equity affiliates, Chevron pays its share of some income taxes directly. For such affiliates, the equity in earnings does not include these taxes, which are reported on the Consolidated Statement of Income as “Income tax expense.”



Investments and Advances							Equity in Earnings
	At December 31						Year ended December 31
	2017			2016			2017			2016			2015
Upstream
Tengizchevroil	$	13,121		$	11,414		$	2,581		$	1,380		$	1,939
Petropiar	1,152			977			175			326			180
Caspian Pipeline Consortium	1,151			1,245			155			145			162
Petroboscan	1,080			982			154			(133		)	219
Angola LNG Limited	2,625			2,744			31			(282		)	(417		)
Other	1,714			1,791			100			(193		)	135
Total Upstream	20,843			19,153			3,196			1,243			2,218
Downstream
GS Caltex Corporation	3,826			3,767			290			373			824
Chevron Phillips Chemical Company LLC	6,200			5,767			723			840			1,367
Caltex Australia Ltd.	—			—			—			—			92
Other	1,251			1,118			230			209			186
Total Downstream	11,277			10,652			1,243			1,422			2,469
All Other
Other	(15		)	(16		)	(1		)	(4		)	(3		)
Total equity method	32,105			$	29,789		$	4,438		$	2,661		$	4,684
Other at or below cost	392			461
Total investments and advances	$	32,497		$	30,250
Total United States	$	7,582		$	7,258		$	788		$	802		$	1,342
Total International	$	24,915		$	22,992		$	3,650		$	1,859		$	3,342

Summarized financial information on a 100 percent basis for all equity affiliates as well as Chevron's total share, which includes Chevron loans to affiliates

The following table provides summarized financial information on a 100 percent basis for all equity affiliates as well as Chevron’s total share, which includes Chevron's net loans to affiliates of $3,853, $3,535 and $410 at December 31, 2017, 2016 and 2015, respectively.



	Affiliates						Chevron Share
Year ended December 31	2017		2016		2015		2017		2016		2015
Total revenues	$	70,744	$	59,253	$	71,389	$	33,460	$	27,787	$	33,492
Income before income tax expense	13,487		6,587		13,129		5,712		3,670		6,279
Net income attributable to affiliates	10,751		5,127		10,649		4,468		2,876		4,691
At December 31
Current assets	$	33,883	$	33,406	$	27,162	$	13,568	$	13,743	$	10,657
Noncurrent assets	82,261		75,258		71,650		32,643		28,854		26,607
Current liabilities	26,873		24,793		20,559		10,201		8,996		7,351
Noncurrent liabilities	21,447		22,671		18,560		4,224		4,255		3,909
Total affiliates' net equity	$	67,824	$	61,200	$	59,693	$	31,786	$	29,346	$	26,004