XML 18 R2.htm IDEA: XBRL DOCUMENT v3.23.3
CONSOLIDATED STATEMENT OF INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenues and Other Income        
Sales and other operating revenues $ 51,922 $ 63,508 $ 147,980 $ 181,194
Income (loss) from equity affiliates 1,313 2,410 4,141 6,962
Other income (loss) 845 726 1,648 1,623
Total Revenues and Other Income 54,080 66,644 153,769 189,779
Costs and Other Deductions        
Purchased crude oil and products 32,328 38,751 90,719 112,846
Operating expenses 6,299 6,357 18,377 18,313
Selling, general and administrative expenses 1,163 1,028 3,172 2,858
Exploration expenses 301 116 660 521
Depreciation, depletion and amortization 4,025 4,201 11,072 11,555
Taxes other than on income 1,021 1,046 3,158 3,168
Interest and debt expense 114 128 349 393
Other components of net periodic benefit costs 91 208 168 259
Total Costs and Other Deductions 45,342 51,835 127,675 149,913
Income (Loss) Before Income Tax Expense 8,738 14,809 26,094 39,866
Income Tax Expense (Benefit) 2,183 3,571 6,926 10,636
Net Income (Loss) 6,555 11,238 19,168 29,230
Less: Net income (loss) attributable to noncontrolling interests 29 7 58 118
Net Income (Loss) Attributable to Chevron Corporation $ 6,526 $ 11,231 $ 19,110 $ 29,112
Net Income (Loss) Attributable to Chevron Corporation        
Basic (in dollars per share) $ 3.48 $ 5.81 $ 10.18 $ 15.02
Diluted (in dollars per share) $ 3.48 $ 5.78 $ 10.14 $ 14.95
Weighted Average Number of Shares Outstanding        
Basic (in shares) 1,870,963 1,932,238 1,876,532 1,938,524
Diluted (in shares) 1,877,104 1,940,002 1,884,407 1,947,201