Summarized Financial Data - Chevron U.S.A. Inc.

3 Months Ended

Mar. 31, 2019

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 refining, marketing, and 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:



	Three Months Ended March 31
	2019		2018
	(Millions of dollars)
Sales and other operating revenues	$	25,942	$	28,058
Costs and other deductions	25,757		27,596
Net income attributable to CUSA	181		697



	At March 31 2019		At December 31 2018
	(Millions of dollars)
Current assets	$	14,910	$	12,819
Other assets	58,896		55,814
Current liabilities	19,980		16,376
Other liabilities	14,763		12,906
Total CUSA net equity	$	39,063	$	39,351
Memo: Total debt	$	3,192	$	3,049