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Consolidated Statement of Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Revenues and Other Income      
Sales and other operating revenues $ 94,471 $ 139,865 $ 158,902
Income (loss) from equity affiliates (472) 3,968 6,327
Other income 693 2,683 1,110
Total Revenues and Other Income 94,692 146,516 166,339
Costs and Other Deductions      
Purchased crude oil and products 50,488 80,113 94,578
Operating expenses 20,323 21,385 20,544
Selling, general and administrative expenses 4,213 4,143 3,838
Exploration expenses 1,537 770 1,210
Depreciation, depletion and amortization 19,508 29,218 19,419
Taxes other than on income 4,499 4,136 4,867
Interest and debt expense 697 798 748
Other components of net periodic benefit costs 880 417 560
Total Costs and Other Deductions 102,145 140,980 145,764
Income (Loss) Before Income Tax Expense (7,453) 5,536 20,575
Income Tax Expense (Benefit) (1,892) 2,691 5,715
Net Income (Loss) (5,561) 2,845 14,860
Less: Net income (loss) attributable to noncontrolling interests (18) (79) 36
Net Income (Loss) Attributable to Chevron Corporation $ (5,543) $ 2,924 $ 14,824
Net Income (Loss) Attributable to Chevron Corporation      
– Basic (in dollars per share) $ (2.96) $ 1.55 $ 7.81
– Diluted (in dollars per share) $ (2.96) $ 1.54 $ 7.74