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Summarized Financial Data - Chevron U.S.A. Inc.
12 Months Ended
Dec. 31, 2024
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 (NGLs) 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
202420232022
Sales and other operating revenues
$149,925 $152,347 $183,032 
Total costs and other deductions
145,582 144,482 166,955 
Net income (loss) attributable to CUSA
4,151 4,598 13,315 
At December 31
20242023
Current assets$20,153 $19,489 
Other assets58,485 54,460 
Current liabilities25,825 20,624 
Other liabilities21,455 22,227 
Total CUSA net equity$31,358 $31,098 
Memo: Total debt$8,917 $9,740