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Summarized Financial Data - Chevron U.S.A. Inc.
3 Months Ended
Mar. 31, 2021
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
20212020
(Millions of dollars)
Sales and other operating revenues
$23,479 $22,039 
Costs and other deductions
23,322 21,281 
Net income (loss) attributable to CUSA
$257 $860 
At March 31,
2021
At December 31,
2020
 (Millions of dollars)
Current assets
$17,492 $10,555 
Other assets
47,554 48,054 
Current liabilities
18,961 12,403 
Other liabilities
21,538 14,102 
Total CUSA net equity
$24,547 $32,104 
Memo: Total debt
$14,831 $7,133