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Noncontrolling Interests
3 Months Ended
Mar. 31, 2018
Noncontrolling Interest [Abstract]  
Noncontrolling Interests
Noncontrolling Interests
Ownership interests in the company’s subsidiaries held by parties other than the parent are presented separately from the parent’s equity on the Consolidated Balance Sheet. The amount of consolidated net income attributable to the parent and the noncontrolling interests are both presented on the face of the Consolidated Statement of Income.
Activity for the equity attributable to noncontrolling interests for the first three months of 2018 and 2017 is as follows:
 
2018
 
2017
 
Chevron
Corporation
Stockholders’ Equity
 
Non-controlling
Interest
 
Total
Equity
 
Chevron
Corporation
Stockholders’ Equity
 
Non-controlling
Interest
 
Total
Equity
 
(Millions of dollars)
Balance at January 1
$
148,124

 
$
1,195

 
$
149,319

 
$
145,556

 
$
1,166

 
$
146,722

Net income
3,638

 
21

 
3,659

 
2,682

 
17

 
2,699

Dividends
(2,124
)
 

 
(2,124
)
 
(2,030
)
 

 
(2,030
)
Distributions to noncontrolling interests

 
(11
)
 
(11
)
 

 

 

Treasury shares, net
474

 

 
474

 
231

 

 
231

Other changes, net*
244

 
5

 
249

 
153

 
15

 
168

Balance at March 31
$
150,356

 
$
1,210

 
$
151,566

 
$
146,592

 
$
1,198

 
$
147,790

 __________________________________________
* Includes components of comprehensive income, which are disclosed separately in the Consolidated Statement of Comprehensive Income.