Operating Segments and Geographic Data (Tables)

3 Months Ended

Mar. 31, 2019

Segment Reporting [Abstract]

Segment Earnings

Earnings by major operating area for the three-month periods ended March 31, 2019 and 2018, are presented in the following table:

	Three Months Ended March 31
Segment Earnings	2019			2018
	(Millions of dollars)
Upstream
United States	$	748		$	648
International	2,375			2,704
Total Upstream	3,123			3,352
Downstream
United States	217			442
International	35			286
Total Downstream	252			728
Total Segment Earnings	3,375			4,080
All Other
Interest expense	(214		)	(149		)
Interest income	50			19
Other	(562		)	(312		)
Net Income Attributable to Chevron Corporation	$	2,649		$	3,638

Segment Assets

Segment assets at March 31, 2019, and December 31, 2018, are as follows: 

Segment Assets	At March 31 2019		At December 31 2018
	(Millions of dollars)
Upstream
United States	$	44,772	$	42,594
International	152,615		153,861
Goodwill	4,507		4,518
Total Upstream	201,894		200,973
Downstream
United States	25,358		23,866
International	17,401		15,622
Total Downstream	42,759		39,488
Total Segment Assets	244,653		240,461
All Other
United States	5,108		5,100
International	7,048		8,302
Total All Other	12,156		13,402
Total Assets — United States	75,238		71,560
Total Assets — International	177,064		177,785
Goodwill	4,507		4,518
Total Assets	$	256,809	$	253,863

Segment Sales and Other Operating Revenues

	Three Months Ended March 31
Sales and Other Operating Revenues	2019			2018
	(Millions of dollars)
Upstream
United States	$	5,882		$	4,577
International	9,369			8,656
Subtotal	15,251			13,233
Intersegment Elimination — United States	(3,519		)	(2,757		)
Intersegment Elimination — International	(3,292		)	(3,215		)
Total Upstream	8,440			7,261
Downstream
United States	12,388			13,042
International	14,507			15,935
Subtotal	26,895			28,977
Intersegment Elimination — United States	(947		)	(3		)
Intersegment Elimination — International	(265		)	(328		)
Total Downstream	25,683			28,646
All Other
United States	222			227
International	2			3
Subtotal	224			230
Intersegment Elimination — United States	(156		)	(166		)
Intersegment Elimination — International	(2		)	(3		)
Total All Other	66			61
Sales and Other Operating Revenues
United States	18,492			17,846
International	23,878			24,594
Subtotal	42,370			42,440
Intersegment Elimination — United States	(4,622		)	(2,926		)
Intersegment Elimination — International	(3,559		)	(3,546		)
Total Sales and Other Operating Revenues	$	34,189		$	35,968