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CONSOLIDATED STATEMENT OF INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenues and Other Income        
Sales and other operating revenues [1] $ 32,877 $ 27,844 $ 64,401 $ 50,914
Income from equity affiliates 1,316 752 2,466 1,328
Other income 287 686 1,034 593
Total Revenues and Other Income 34,480 29,282 67,901 52,835
Costs and Other Deductions        
Purchased crude oil and products 18,325 15,278 35,831 26,503
Operating expenses 4,662 5,054 9,318 10,458
Selling, general and administrative expenses 991 1,033 1,861 2,031
Exploration expenses 125 214 269 584
Depreciation, depletion and amortization 5,311 6,721 9,505 11,124
Taxes other than on income [1] 3,065 2,973 5,936 5,837
Interest and debt expense 48 79 99 79
Total Costs and Other Deductions 32,527 31,352 62,819 56,616
Income (Loss) Before Income Tax Expense 1,953 (2,070) 5,082 (3,781)
Income Tax Expense (Benefit) 487 (607) 917 (1,611)
Net Income (Loss) 1,466 (1,463) 4,165 (2,170)
Less: Net income attributable to noncontrolling interests 16 7 33 25
Net Income (Loss) Attributable to Chevron Corporation $ 1,450 $ (1,470) $ 4,132 $ (2,195)
Per Share of Common Stock:        
Basic (in dollars per share) $ 0.77 $ (0.78) $ 2.20 $ (1.17)
Diluted (in dollars per share) 0.77 (0.78) 2.18 (1.17)
Dividends (in dollars per share) $ 1.08 $ 1.07 $ 2.16 $ 2.14
Weighted Average Number of Shares Outstanding        
Basic (in shares) 1,881,019 1,871,995 1,880,200 1,870,885
Diluted (in shares) 1,893,014 1,871,995 1,894,197 1,870,885
[1] Includes excise, value-added and similar taxes: $1,771, $1,784, $3,448, $3,436