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Operating Segments and Geographic Data (Tables)
6 Months Ended
Jun. 30, 2018
Segment Reporting [Abstract]  
Segment Earnings
Earnings by major operating area for the three- and six-month periods ended June 30, 2018 and 2017, are presented in the following table:
 
Three Months Ended
June 30
 
Six Months Ended
June 30
Segment Earnings
2018
 
2017
 
2018
 
2017
 
(Millions of dollars)
Upstream
 
 
 
 
 
 
 
United States
$
838

 
$
(102
)
 
$
1,486

 
$
(22
)
International
2,457

 
955

 
5,161

 
2,392

Total Upstream
3,295

 
853

 
6,647

 
2,370

Downstream
 
 
 
 
 
 
 
United States
657

 
634

 
1,099

 
1,103

International
181

 
561

 
467

 
1,018

Total Downstream
838

 
1,195

 
1,566

 
2,121

Total Segment Earnings
4,133

 
2,048

 
8,213

 
4,491

All Other
 
 
 
 
 
 
 
Interest expense
(204
)
 
(41
)
 
(353
)
 
(85
)
Interest income
27

 
14

 
46

 
29

Other
(547
)
 
(571
)
 
(859
)
 
(303
)
Net Income Attributable to Chevron Corporation
$
3,409

 
$
1,450

 
$
7,047

 
$
4,132

Segment Assets
Segment assets at June 30, 2018, and December 31, 2017, are as follows: 
Segment Assets
At June 30
2018
 
At December 31
2017
 
(Millions of dollars)
Upstream
 
 
 
United States
$
42,266

 
$
40,770

International
157,436

 
159,612

Goodwill
4,518

 
4,531

Total Upstream
204,220

 
204,913

Downstream
 
 
 
United States
24,659

 
23,202

International
18,217

 
17,434

Total Downstream
42,876

 
40,636

Total Segment Assets
247,096

 
245,549

All Other
 
 
 
United States
5,279

 
4,938

International
5,554

 
3,319

Total All Other
10,833

 
8,257

Total Assets — United States
72,204

 
68,910

Total Assets — International
181,207

 
180,365

Goodwill
4,518

 
4,531

Total Assets
$
257,929

 
$
253,806

Segment Sales and Other Operating Revenues
 
Three Months Ended
June 30
 
Six Months Ended
June 30
 Sales and Other Operating Revenues
2018
 
2017
 
2018
 
2017
 
(Millions of dollars)
Upstream
 
 
 
 
 
 
 
United States
$
5,044

 
$
3,135

 
$
9,621

 
$
6,375

International
8,880

 
6,852

 
17,536

 
13,433

Subtotal
13,924

 
9,987

 
27,157

 
19,808

Intersegment Elimination — United States
(3,185
)
 
(2,198
)
 
(5,942
)
 
(4,439
)
Intersegment Elimination — International
(3,421
)
 
(2,708
)
 
(6,636
)
 
(5,428
)
Total Upstream
7,318

 
5,081

 
14,579

 
9,941

Downstream *
 
 
 
 
 
 
 
United States
15,690

 
13,322

 
28,732

 
25,754

International
18,068

 
14,701

 
34,003

 
29,214

Subtotal
33,758

 
28,023

 
62,735

 
54,968

Intersegment Elimination — United States
(441
)
 
(3
)
 
(444
)
 
(6
)
Intersegment Elimination — International
(202
)
 
(272
)
 
(530
)
 
(602
)
Total Downstream
33,115

 
27,748

 
61,761

 
54,360

All Other
 
 
 
 
 
 
 
United States
268

 
278

 
495

 
513

International
7

 
8

 
10

 
13

Subtotal
275

 
286

 
505

 
526

Intersegment Elimination — United States
(210
)
 
(231
)
 
(376
)
 
(414
)
Intersegment Elimination — International
(7
)
 
(7
)
 
(10
)
 
(12
)
Total All Other
58

 
48

 
119

 
100

Sales and Other Operating Revenues
 
 
 
 
 
 
 
United States
21,002

 
16,735

 
38,848

 
32,642

International
26,955

 
21,561

 
51,549

 
42,660

Subtotal
47,957

 
38,296

 
90,397

 
75,302

Intersegment Elimination — United States
(3,836
)
 
(2,432
)
 
(6,762
)
 
(4,859
)
Intersegment Elimination — International
(3,630
)
 
(2,987
)
 
(7,176
)
 
(6,042
)
Total Sales and Other Operating Revenues
$
40,491

 
$
32,877

 
$
76,459

 
$
64,401

_____________________________
 
 
 
 
 
 
 
* The three-month and six-month comparative periods ended June 30, 2017, include excise, value-added and similar taxes of $1,771 million and $3,448 million, respectively, 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.