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CONSOLIDATED STATEMENT OF INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenues and Other Income    
Sales and other operating revenues $ 29,705 $ 34,189
Income from equity affiliates 965 1,062
Other income (loss) 831 (51)
Total Revenues and Other Income 31,501 35,200
Costs and Other Deductions    
Purchased crude oil and products 15,509 19,703
Operating expenses 5,291 4,886
Selling, general and administrative expenses 683 984
Exploration expenses 158 189
Depreciation, depletion and amortization 4,288 4,094
Taxes other than on income 1,167 1,061
Interest and debt expense 162 225
Other components of net periodic benefit costs 98 101
Total Costs and Other Deductions 27,356 31,243
Income Before Income Tax Expense 4,145 3,957
Income Tax Expense (Benefit) 564 1,315
Net Income (Loss) 3,581 2,642
Less: Net income (loss) attributable to noncontrolling interests (18) (7)
Net Income (Loss) Attributable to Chevron Corporation $ 3,599 $ 2,649
Net Income (Loss) Attributable to Chevron Corporation    
Basic (in dollars per share) $ 1.93 $ 1.40
Diluted (in dollars per share) $ 1.93 $ 1.39
Weighted Average Number of Shares Outstanding    
Basic (in shares) 1,862,273 1,888,002
Diluted (in shares) 1,865,649 1,900,748