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Investments and Advances (Tables)
12 Months Ended
Dec. 31, 2016
Investments in and Advances to Affiliates, Schedule of Investments [Abstract]  
Equity in earnings, together with investments in and advances to companies accounted for using the equity method and other investments accounted for at or below cost
Equity in earnings, together with investments in and advances to companies accounted for using the equity method and other investments accounted for at or below cost, is shown in the following table. For certain equity affiliates, Chevron pays its share of some income taxes directly. For such affiliates, the equity in earnings does not include these taxes, which are reported on the Consolidated Statement of Income as “Income tax expense.”
Investments and Advances
 
 
 
Equity in Earnings
 
 
At December 31
 
 
 
Year ended December 31
 
 
2016

 
2015

 
 
2016

 
2015

 
2014

Upstream
 
 
 
 
 
 
 
 
 
 
Tengizchevroil
$
11,414

 
$
8,077

 
 
$
1,380

 
$
1,939

 
$
4,392

Petropiar
977

 
679

 
 
326

 
180

 
26

Caspian Pipeline Consortium
1,245

 
1,342

 
 
145

 
162

 
191

Petroboscan
982

 
1,163

 
 
(133
)
 
219

 
186

Angola LNG Limited
2,744

 
3,284

 
 
(282
)
 
(417
)
 
(311
)
Other
1,791

 
2,158

 
 
(193
)
 
135

 
229

Total Upstream
19,153

 
16,703

 
 
1,243

 
2,218

 
4,713

Downstream
 
 
 
 
 
 
 
 
 
 
GS Caltex Corporation
3,767

 
3,620

 
 
373

 
824

 
420

Chevron Phillips Chemical Company LLC
5,767

 
5,196

 
 
840

 
1,367

 
1,606

Caltex Australia Ltd.

 

 
 

 
92

 
183

Other
1,118

 
1,077

 
 
209

 
186

 
180

Total Downstream
10,652

 
9,893

 
 
1,422

 
2,469

 
2,389

All Other
 
 
 
 
 
 
 
 
 
 
Other
(16
)
 
(18
)
 
 
(4
)
 
(3
)
 
(4
)
Total equity method
$
29,789

 
$
26,578

 
 
$
2,661

 
$
4,684

 
$
7,098

Other at or below cost
461

 
532

 
 
 
 
 
 
 
Total investments and advances
$
30,250

 
$
27,110

 
 
 
 
 
 
 
Total United States
$
7,258

 
$
6,863

 
 
$
802

 
$
1,342

 
$
1,623

Total International
$
22,992

 
$
20,247

 
 
$
1,859

 
$
3,342

 
$
5,475

Summarized financial information on a 100 percent basis for all equity affiliates as well as Chevron's total share, which includes Chevron loans to affiliates
The following table provides summarized financial information on a 100 percent basis for all equity affiliates as well as Chevron’s total share, which includes Chevron's net loans to affiliates of $3,535, $410 and $874 at December 31, 2016, 2015 and 2014, respectively.
 
Affiliates
 
 
 
Chevron Share
 
Year ended December 31
2016

 
2015

 
2014

 
 
2016

 
2015

 
2014

Total revenues
$
59,253

 
$
71,389

 
$
123,003

 
 
$
27,787

 
$
33,492

 
$
58,937

Income before income tax expense
6,587

 
13,129

 
20,609

 
 
3,670

 
6,279

 
9,968

Net income attributable to affiliates
5,127

 
10,649

 
14,758

 
 
2,876

 
4,691

 
7,237

At December 31
 
 
 
 
 
 
 
 
 
 
 
 
Current assets
$
33,406

 
$
27,162

 
$
35,662

 
 
$
13,743

 
$
10,657

 
$
13,465

Noncurrent assets
75,258

 
71,650

 
70,817

 
 
28,854

 
26,607

 
26,053

Current liabilities
24,793

 
20,559

 
25,308

 
 
8,996

 
7,351

 
9,588

Noncurrent liabilities
22,671

 
18,560

 
17,983

 
 
4,255

 
3,909

 
4,211

Total affiliates' net equity
$
61,200

 
$
59,693

 
$
63,188

 
 
$
29,346

 
$
26,004

 
$
25,719