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Consolidated Statement of Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Revenues and Other Income      
Sales and other operating revenues [1] $ 158,902    
Sales and other operating revenues [1]   $ 134,674 $ 110,215
Income from equity affiliates 6,327 4,438 2,661
Other income 1,110 2,610 1,596
Total Revenues and Other Income 166,339 141,722 114,472
Costs and Other Deductions      
Purchased crude oil and products 94,578 75,765 59,321
Operating expenses [2] 20,544 19,127 19,902
Selling, general and administrative expenses [2] 3,838 4,110 4,305
Exploration expenses 1,210 864 1,033
Depreciation, depletion and amortization 19,419 19,349 19,457
Taxes other than on income [1] 4,867 12,331 11,668
Interest and debt expense 748 307 201
Other components of net periodic benefit costs [2] 560 648 745
Total Costs and Other Deductions 145,764 132,501 116,632
Income (Loss) Before Income Tax Expense 20,575 9,221 (2,160)
Income Tax Expense (Benefit) 5,715 (48) (1,729)
Net Income (Loss) 14,860 9,269 (431)
Less: Net income attributable to noncontrolling interests 36 74 66
Net Income (Loss) Attributable to Chevron Corporation $ 14,824 $ 9,195 $ (497)
Net Income (Loss) Attributable to Chevron Corporation      
– Basic (in dollars per share) $ 7.81 $ 4.88 $ (0.27)
– Diluted (in dollars per share) $ 7.74 $ 4.85 $ (0.27)
[1] 2017 and 2016 include excise, value-added and similar taxes of $7,189 and $6,905, respectively, collected on behalf of third parties. Beginning in 2018, these taxes are netted in "Taxes other than on income" in accordance with Accounting Standards Update (ASU) 2014-09. Refer to Note 25, "Revenue" beginning on page 88.
[2] 2017 and 2016 adjusted to conform to ASU 2017-07. Refer to Note 4, "New Accounting Standards" beginning on page 60.