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Summarized Financial Data - Chevron U.S.A. Inc.
9 Months Ended
Sep. 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:
Nine Months Ended
September 30
20252024
(Millions of dollars)
Sales and other operating revenues$107,295 $112,708 
Costs and other deductions102,605 107,834 
Net income (loss) attributable to CUSA$4,148 $4,491 
At September 30,
2025
At December 31,
2024
 (Millions of dollars)
Current assets$20,670 $20,153 
Other assets58,926 58,485 
Current liabilities19,380 25,825 
Other liabilities31,616 21,455 
Total CUSA net equity$28,600 $31,358 
Memo: Total debt$19,230 $8,917