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Operating Segments and Geographic Data (Tables)
 12 Months Ended
Dec. 31, 2021
Segment Reporting [Abstract]  
Segment Earnings Earnings by major operating area are presented in the following table:
Year ended December 31
202120202019
Upstream
United States$7,319 $(1,608)$(5,094)
International8,499 (825)7,670 
Total Upstream15,818 (2,433)2,576 
Downstream
United States2,389 (571)1,559 
International525 618 922 
Total Downstream2,914 47 2,481 
Total Segment Earnings18,732 (2,386)5,057 
All Other
Interest expense(662)(658)(761)
Interest income36 52 181 
Other(2,481)(2,551)(1,553)
Net Income (Loss) Attributable to Chevron Corporation
$15,625 $(5,543)$2,924 
Segment Assets Assets at year-end 2021 and 2020 are as follows:
At December 31
20212020
Upstream
United States$41,870 $42,431 
International138,157 144,476 
Goodwill4,385 4,402 
Total Upstream184,412 191,309 
Downstream
United States26,376 23,490 
International18,848 16,096 
Total Downstream45,224 39,586 
Total Segment Assets229,636 230,895 
All Other
United States5,746 4,017 
International4,153 4,878 
Total All Other9,899 8,895 
Total Assets – United States73,992 69,938 
Total Assets – International161,158 165,450 
Goodwill4,385 4,402 
Total Assets$239,535 $239,790 
Segment Sales and Other Operating Revenues Revenues for the upstream segment are derived primarily from the production and sale of crude oil and natural gas, as well as the sale of third-party production of natural gas. Revenues for the downstream segment are derived from the refining and marketing of petroleum products such as gasoline, jet fuel, gas oils, lubricants, residual fuel oils and other products derived from crude oil. This segment also generates revenues from the manufacture and sale of fuel and lubricant additives and the transportation and trading of refined products and crude oil. “All Other” activities include revenues from insurance operations, real estate activities and technology companies.
Year ended December 311
202120202019
Upstream
United States
$29,219 $14,577 $23,358 
International
40,921 26,804 35,628 
Subtotal
70,140 41,381 58,986 
Intersegment Elimination — United States
(15,154)(8,068)(14,944)
Intersegment Elimination — International
(10,994)(7,002)(12,335)
Total Upstream43,992 26,311 31,707 
Downstream
United States
57,209 32,589 55,271 
International
58,098 38,936 57,654 
Subtotal
115,307 71,525 112,925 
Intersegment Elimination — United States
(2,296)(2,150)(3,924)
Intersegment Elimination — International
(1,521)(1,292)(1,089)
Total Downstream111,490 68,083 107,912 
All Other
United States
506 744 1,064 
International
2 15 20 
Subtotal
508 759 1,084 
Intersegment Elimination — United States
(382)(667)(818)
Intersegment Elimination — International
(2)(15)(20)
Total All Other124 77 246 
Sales and Other Operating Revenues
United States
86,934 47,910 79,693 
International
99,021 65,755 93,302 
Subtotal
185,955 113,665 172,995 
Intersegment Elimination — United States
(17,832)(10,885)(19,686)
Intersegment Elimination — International
(12,517)(8,309)(13,444)
Total Sales and Other Operating Revenues
$155,606 $94,471 $139,865 
1 Other than the United States, no other country accounted for 10 percent or more of the company’s Sales and Other Operating Revenues.
Segment income tax expense Segment income tax expense for the years 2021, 2020 and 2019 is as follows:
Year ended December 31
202120202019
Upstream
United States$1,934 $(570)$(1,550)
International4,192 (415)3,492 
Total Upstream6,126 (985)1,942 
Downstream
United States547 (192)392 
International203 253 170 
Total Downstream750 61 562 
All Other(926)(968)187 
Total Income Tax Expense (Benefit)$5,950 $(1,892)$2,691