Summarized Financial Data - Chevron U.S.A. Inc.

12 Months Ended

Dec. 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 liquids and natural gas and those associated with the refining, marketing, 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 Company LLC joint venture, which is accounted for using the equity method. The summarized financial information for CUSA and its consolidated subsidiaries is as follows:


	Year ended December 31
	2023		2022	2021
Sales and other operating revenues	$	152,347	$ 183,032	$	120,380
Total costs and other deductions		144,482	166,955		114,641
Net income (loss) attributable to CUSA		4,598	13,315		6,904


	At December 31
	2023		2022
Current assets	$	19,489	$	18,704
Other assets		54,460		50,153
Current liabilities		20,624		22,452
Other liabilities		22,227		19,274
Total CUSA net equity	$	31,098	$	27,131
Memo: Total debt	$	9,740	$	10,800