Noncontrolling Interests

9 Months Ended

Sep. 30, 2015

Ownership interests in the company’s subsidiaries held by parties other than the parent are presented separately from the parent’s equity on the Consolidated Balance Sheet. The amount of consolidated net income attributable to the parent and the noncontrolling interests are both presented on the face of the Consolidated Statement of Income.

Activity for the equity attributable to noncontrolling interests for the first nine months of 2015 and 2014 is as follows:



	2015									2014
	Chevron Corporation Stockholders’ Equity			Non-controlling Interest			Total Equity			Chevron Corporation Stockholders’ Equity			Non-controlling Interest			Total Equity
	(Millions of dollars)
Balance at January 1	$	155,028		$	1,163		$	156,191		$	149,113		$	1,314		$	150,427
Net income	5,175			90			5,265			15,770			68			15,838
Dividends	(5,995		)	—			(5,995		)	(5,929		)	—			(5,929		)
Distributions to noncontrolling interests	—			(122		)	(122		)	—			(18		)	(18		)
Treasury shares, net	181			—			181			(3,210		)	—			(3,210		)
Other changes, net*	523			(105		)	418			396			(197		)	199
Balance at September 30	$	154,912		$	1,026		$	155,938		$	156,140		$	1,167		$	157,307

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* Includes components of comprehensive income, which are disclosed separately in the Consolidated Statement of Comprehensive Income.