Equity

12 Months Ended

Dec. 31, 2015

Equity [Abstract]

Equity

Equity

Retained earnings at December 31, 2015 and 2014, included approximately $15,010 and $14,512, respectively, for the company’s share of undistributed earnings of equity affiliates.

At December 31, 2015, about 114 million shares of Chevron’s common stock remained available for issuance from the 260 million shares that were reserved for issuance under the Chevron Long-Term Incentive Plan. In addition, approximately 120,753 shares remain available for issuance from the 800,000 shares of the company’s common stock that were reserved for awards under the Chevron Corporation Non-Employee Directors’ Equity Compensation and Deferral Plan.