Investments and Advances (Tables)

12 Months Ended

Dec. 31, 2018

Investments in and Advances to Affiliates, Schedule of Investments [Abstract]

Equity in earnings, together with investments in and advances to companies accounted for using the equity method and other investments accounted for at or below cost

Equity in earnings, together with investments in and advances to companies accounted for using the equity method and other investments accounted for at or below cost, is shown in the following table. For certain equity affiliates, Chevron pays its share of some income taxes directly. For such affiliates, the equity in earnings does not include these taxes, which are reported on the Consolidated Statement of Income as “Income tax expense.”



Investments and Advances							Equity in Earnings
	At December 31						Year ended December 31
	2018			2017			2018			2017			2016
Upstream
Tengizchevroil	$	16,017		$	13,121		$	3,614		$	2,581		$	1,380
Petropiar	1,361			1,152			317			175			326
Petroboscan	1,315			1,080			357			154			(133		)
Caspian Pipeline Consortium	1,022			1,151			170			155			145
Angola LNG Limited	2,496			2,625			172			27			(282		)
Other	1,541			1,714			19			104			(193		)
Total Upstream	23,752			20,843			4,649			3,196			1,243
Downstream
Chevron Phillips Chemical Company LLC	6,218			6,200			1,034			723			840
GS Caltex Corporation	3,924			3,826			373			290			373
Other	1,383			1,251			273			230			209
Total Downstream	11,525			11,277			1,680			1,243			1,422
All Other
Other	(16		)	(15		)	(2		)	(1		)	(4		)
Total equity method	35,261			$	32,105		$	6,327		$	4,438		$	2,661
Other non-equity method investments	285			392
Total investments and advances	$	35,546		$	32,497
Total United States	$	7,500		$	7,582		$	1,033		$	788		$	802
Total International	$	28,046		$	24,915		$	5,294		$	3,650		$	1,859

Summarized financial information on a 100 percent basis for all equity affiliates as well as Chevron's total share, which includes Chevron loans to affiliates

The following table provides summarized financial information on a 100 percent basis for all equity affiliates as well as Chevron’s total share, which includes Chevron's net loans to affiliates of $3,402, $3,853 and $3,535 at December 31, 2018, 2017 and 2016, respectively.



	Affiliates						Chevron Share
Year ended December 31	2018		2017		2016		2018		2017		2016
Total revenues	$	84,469	$	70,744	$	59,253	$	40,679	$	33,460	$	27,787
Income before income tax expense	16,693		13,487		6,587		6,755		5,712		3,670
Net income attributable to affiliates	13,321		10,751		5,127		6,384		4,468		2,876
At December 31
Current assets	$	32,657	$	33,883	$	33,406	$	12,813	$	13,568	$	13,743
Noncurrent assets	87,614		82,261		75,258		36,369		32,643		28,854
Current liabilities	26,006		26,873		24,793		9,843		10,201		8,996
Noncurrent liabilities	20,000		21,447		22,671		4,446		4,224		4,255
Total affiliates' net equity	$	74,265	$	67,824	$	61,200	$	34,893	$	31,786	$	29,346