Summarized Financial Data - Chevron U.S.A. Inc.

6 Months Ended

Jun. 30, 2023

Summarized Financial Data of Subsidiary One [Abstract]

Summarized Financial Data - Chevron U.S.A. Inc.

Summarized Financial Data — Chevron U.S.A. Inc. Chevron U.S.A. Inc. (CUSA) is a major subsidiary of Chevron Corporation. CUSA and its subsidiaries manage and operate most of Chevron’s U.S. businesses. Assets include those related to the exploration and production of crude oil, natural gas liquids and natural gas and those associated with refining, marketing, and supply and distribution of products derived from petroleum, excluding most of the regulated pipeline operations of Chevron. CUSA also holds the company’s investment in the Chevron Phillips Chemical LLC (CPChem) joint venture, which is accounted for using the equity method.

The summarized financial information for CUSA and its consolidated subsidiaries is as follows:

	Six Months Ended June 30
	2023		2022
	(Millions of dollars)
Sales and other operating revenues	$	73,787	$	93,356
Costs and other deductions	68,982		85,678
Net income (loss) attributable to CUSA	$	3,978	$	6,660

	At June 30, 2023		At December 31, 2022
	(Millions of dollars)
Current assets	$	19,663	$	18,704
Other assets	52,440		50,153
Current liabilities	21,046		22,452
Other liabilities	19,925		19,274
Total CUSA net equity	$	31,132	$	27,131
Memo: Total debt	$	10,708	$	10,800