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CONSOLIDATED STATEMENT OF INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Millions
 3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Revenues and Other Income    
Sales and other operating revenues [1] $ 35,968 $ 31,524
Income from equity affiliates 1,637 1,150
Other income 159 747
Total Revenues and Other Income 37,764 33,421
Costs and Other Deductions    
Purchased crude oil and products 21,233 17,506
Operating expenses [2] 4,701 4,586
Selling, general and administrative expenses [2] 723 810
Exploration expenses 158 144
Depreciation, depletion and amortization 4,289 4,194
Taxes other than on income [1] 1,344 2,871
Interest and debt expense 159 51
Other components of net periodic benefit costs [2] 84 130
Total Costs and Other Deductions 32,691 30,292
Income Before Income Tax Expense 5,073 3,129
Income Tax Expense 1,414 430
Net Income 3,659 2,699
Less: Net income attributable to noncontrolling interests 21 17
Net Income Attributable to Chevron Corporation $ 3,638 $ 2,682
Per Share of Common Stock:    
Net Income Attributable to Chevron Corporation - Basic (in dollars per share) $ 1.92 $ 1.43
Net Income Attributable to Chevron Corporation - Diluted (in dollars per share) 1.90 1.41
Dividends (in dollars per share) $ 1.12 $ 1.08
Weighted Average Number of Shares Outstanding    
Basic (in shares) 1,895,990 1,879,372
Diluted (in shares) 1,913,218 1,895,393
[1] 2017 includes excise, value-added and similar taxes of $1,677 million collected on behalf of third parties. Beginning in 2018, these taxes are netted in "Taxes other than on income" in accordance with ASU 2014-09. Refer to Note 17, "Revenue" beginning on page 24.
[2] 2017 adjusted to conform to ASU 2017-07. Refer to Note 5, "New Accounting Standards" on page 10.