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Summarized Financial Data - Chevron U.S.A. Inc.
12 Months Ended
Dec. 31, 2016
Chevron U.S.A. Inc. [Member]  
Subsidiary Statements Captions [Line Items]  
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 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
 
 
2016

 
 
2015

 
2014

Sales and other operating revenues
$
83,715

 
 
$
97,766

 
$
157,198

Total costs and other deductions
87,429

 
 
101,565

 
153,139

Net income (loss) attributable to CUSA
(1,177
)
 
 
(1,054
)
 
3,849


 
 
 
2016

 
2015*

Current assets
$
11,266

 
$
9,096

Other assets
55,722

 
59,171

Current liabilities
16,660

 
13,664

Other liabilities
21,701

 
28,465

Total CUSA net equity
$
28,627

 
$
26,138

 
 
 
 
Memo: Total debt
$
9,418

 
$
14,462

* 2015 adjusted to conform to ASU 2015-17.