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Summarized Financial Data - Chevron U.S.A. Inc.
3 Months Ended
Mar. 31, 2023
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 LLC (CPChem) 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
20232022
(Millions of dollars)
Sales and other operating revenues$37,729 $41,502 
Costs and other deductions35,522 39,636 
Net income (loss) attributable to CUSA$1,830 $1,754 
At March 31,
2023
At December 31,
2022
 (Millions of dollars)
Current assets$18,348 $18,704 
Other assets50,969 50,153 
Current liabilities20,756 22,452 
Other liabilities19,582 19,274 
Total CUSA net equity$28,979 $27,131 
Memo: Total debt$10,628 $10,800