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CONSOLIDATED STATEMENT OF INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenues and Other Income        
Sales and other operating revenues $ 36,117 $ 15,926 $ 67,193 $ 45,631
Income (loss) from equity affiliates 1,442 (2,515) 2,353 (1,550)
Other income (loss) 38 83 80 914
Total Revenues and Other Income 37,597 13,494 69,626 44,995
Costs and Other Deductions        
Purchased crude oil and products 20,629 8,144 38,197 23,653
Operating expenses 4,899 5,530 9,866 10,821
Selling, general and administrative expenses 1,096 1,569 2,086 2,252
Exploration expenses 113 895 199 1,053
Depreciation, depletion and amortization 4,522 6,717 8,808 11,005
Taxes other than on income 1,566 965 2,986 2,132
Interest and debt expense 185 172 383 334
Other components of net periodic benefit costs 165 99 502 197
Total Costs and Other Deductions 33,175 24,091 63,027 51,447
Income (Loss) Before Income Tax Expense 4,422 (10,597) 6,599 (6,452)
Income Tax Expense (Benefit) 1,328 (2,320) 2,107 (1,756)
Net Income (Loss) 3,094 (8,277) 4,492 (4,696)
Less: Net income (loss) attributable to noncontrolling interests 12 (7) 33 (25)
Net Income (Loss) Attributable to Chevron Corporation $ 3,082 $ (8,270) $ 4,459 $ (4,671)
Net Income (Loss) Attributable to Chevron Corporation        
Basic (in dollars per share) $ 1.61 $ (4.44) $ 2.33 $ (2.51)
Diluted (in dollars per share) $ 1.60 $ (4.44) $ 2.32 $ (2.51)
Weighted Average Number of Shares Outstanding        
Basic (in shares) 1,917,536 1,853,313 1,915,243 1,857,793
Diluted (in shares) 1,921,958 1,853,313 1,918,940 1,857,793