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CONSOLIDATED STATEMENT OF INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenues and Other Income        
Sales and other operating revenues $ 42,552 $ 23,997 $ 109,745 $ 69,628
Income (loss) from equity affiliates 1,647 510 4,000 (1,040)
Other income (loss) 511 (56) 591 858
Total Revenues and Other Income 44,710 24,451 114,336 69,446
Costs and Other Deductions        
Purchased crude oil and products 23,834 13,448 62,031 37,101
Operating expenses 5,353 4,604 15,219 15,425
Selling, general and administrative expenses 657 832 2,743 3,084
Exploration expenses 158 117 357 1,170
Depreciation, depletion and amortization 4,304 4,017 13,112 15,022
Taxes other than on income 2,075 1,091 5,061 3,223
Interest and debt expense 174 164 557 498
Other components of net periodic benefit costs 100 222 602 419
Total Costs and Other Deductions 36,655 24,495 99,682 75,942
Income (Loss) Before Income Tax Expense 8,055 (44) 14,654 (6,496)
Income Tax Expense (Benefit) 1,940 165 4,047 (1,591)
Net Income (Loss) 6,115 (209) 10,607 (4,905)
Less: Net income (loss) attributable to noncontrolling interests 4 (2) 37 (27)
Net Income (Loss) Attributable to Chevron Corporation $ 6,111 $ (207) $ 10,570 $ (4,878)
Net Income (Loss) Attributable to Chevron Corporation        
Basic (in dollars per share) $ 3.19 $ (0.12) $ 5.52 $ (2.63)
Diluted (in dollars per share) $ 3.19 $ (0.12) $ 5.51 $ (2.63)
Weighted Average Number of Shares Outstanding        
Basic (in shares) 1,918,006 1,853,533 1,916,174 1,856,363
Diluted (in shares) 1,921,095 1,853,533 1,919,666 1,856,363