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Summarized Financial Data - Chevron U.S.A. Inc. | 6 Months Ended
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Jun. 30, 2025
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 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:
| Six Months Ended June 30
| 2025 |  | 2024
| (Millions of dollars)
Sales and other operating revenues | $ | 70,908 |  |  | $ | 75,590 |
Costs and other deductions | 67,891 |  |  | 72,170 |
Net income (loss) attributable to CUSA | $ | 2,553 |  |  | $ | 3,057 |
| At June 30, 2025 |  | At December 31, 2024
| (Millions of dollars)
Current assets | $ | 18,044 |  |  | $ | 20,153 |
Other assets | 59,609 |  |  | 58,485 |
Current liabilities | 22,257 |  |  | 25,825 |
Other liabilities | 27,030 |  |  | 21,455 |
Total CUSA net equity | $ | 28,366 |  |  | $ | 31,358 |
Memo: Total debt | $ | 14,397 |  |  | $ | 8,917 |

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