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Summarized Financial Data - Chevron U.S.A. Inc.
12 Months Ended
Dec. 31, 2018
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 the refining, marketing, 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:
 
Year ended December 31
 
 
2018

 
 
2017

 
2016

Sales and other operating revenues
$
125,076

 
 
$
104,054

 
$
83,715

Total costs and other deductions
121,351

 
 
103,904

 
87,429

Net income (loss) attributable to CUSA
4,334

 
 
4,842

 
(1,177
)

 
At December 31
 
 
2018

 
2017

Current assets
$
12,819

 
$
12,163

Other assets
55,814

 
54,994

Current liabilities
16,376

 
17,379

Other liabilities
12,906

 
12,541

Total CUSA net equity
$
39,351

 
$
37,237

 
 
 
 
Memo: Total debt
$
3,049

 
$
3,056