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CONSOLIDATED STATEMENT OF INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Millions
 3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Revenues and Other Income    
Sales and other operating revenues $ 31,076 $ 29,705
Income (loss) from equity affiliates 911 965
Other income (loss) 42 831
Total Revenues and Other Income 32,029 31,501
Costs and Other Deductions    
Purchased crude oil and products 17,568 15,509
Operating expenses 4,967 5,291
Selling, general and administrative expenses 990 683
Exploration expenses 86 158
Depreciation, depletion and amortization 4,286 4,288
Taxes other than on income 1,420 1,167
Interest and debt expense 198 162
Other components of net periodic benefit costs 337 98
Total Costs and Other Deductions 29,852 27,356
Income (Loss) Before Income Tax Expense 2,177 4,145
Income Tax Expense (Benefit) 779 564
Net Income (Loss) 1,398 3,581
Less: Net income (loss) attributable to noncontrolling interests 21 (18)
Net Income (Loss) Attributable to Chevron Corporation $ 1,377 $ 3,599
Net Income (Loss) Attributable to Chevron Corporation    
Basic (in dollars per share) $ 0.72 $ 1.93
Diluted (in dollars per share) $ 0.72 $ 1.93
Weighted Average Number of Shares Outstanding    
Basic (in shares) 1,912,925 1,862,273
Diluted (in shares) 1,915,889 1,865,649