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CONSOLIDATED STATEMENT OF INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenues and Other Income        
Sales and other operating revenues $ 15,926 $ 36,323 $ 45,631 $ 70,512
Income (loss) from equity affiliates (2,515) 1,196 (1,550) 2,258
Other income (loss) 83 1,331 914 1,280
Total Revenues and Other Income 13,494 38,850 44,995 74,050
Costs and Other Deductions        
Purchased crude oil and products 8,144 20,835 23,653 40,538
Operating expenses 5,530 5,187 10,821 10,073
Selling, general and administrative expenses 1,569 1,076 2,252 2,060
Exploration expenses 895 141 1,053 330
Depreciation, depletion and amortization 6,717 4,334 11,005 8,428
Taxes other than on income 965 1,047 2,132 2,108
Interest and debt expense 172 198 334 423
Other components of net periodic benefit costs 99 97 197 198
Total Costs and Other Deductions 24,091 32,915 51,447 64,158
Income (Loss) Before Income Tax Expense (10,597) 5,935 (6,452) 9,892
Income Tax Expense (Benefit) (2,320) 1,645 (1,756) 2,960
Net Income (Loss) (8,277) 4,290 (4,696) 6,932
Less: Net income (loss) attributable to noncontrolling interests (7) (15) (25) (22)
Net Income (Loss) Attributable to Chevron Corporation $ (8,270) $ 4,305 $ (4,671) $ 6,954
Net Income (Loss) Attributable to Chevron Corporation        
Basic (in dollars per share) $ (4.44) $ 2.28 $ (2.51) $ 3.68
Diluted (in dollars per share) $ (4.44) $ 2.27 $ (2.51) $ 3.66
Weighted Average Number of Shares Outstanding        
Basic (in shares) 1,853,313 1,889,265 1,857,793 1,888,637
Diluted (in shares) 1,853,313 1,902,977 1,857,793 1,901,869