XML 13 R2.htm IDEA: XBRL DOCUMENT v3.23.2
CONSOLIDATED STATEMENT OF INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenues and Other Income        
Sales and other operating revenues $ 47,216 $ 65,372 $ 96,058 $ 117,686
Income (loss) from equity affiliates 1,240 2,467 2,828 4,552
Other income (loss) 440 923 803 897
Total Revenues and Other Income 48,896 68,762 99,689 123,135
Costs and Other Deductions        
Purchased crude oil and products 28,984 40,684 58,391 74,095
Operating expenses 6,057 6,318 12,078 11,956
Selling, general and administrative expenses 1,128 863 2,009 1,830
Exploration expenses 169 196 359 405
Depreciation, depletion and amortization 3,521 3,700 7,047 7,354
Taxes other than on income 1,041 882 2,137 2,122
Interest and debt expense 120 129 235 265
Other components of net periodic benefit costs 39 (13) 77 51
Total Costs and Other Deductions 41,059 52,759 82,333 98,078
Income (Loss) Before Income Tax Expense 7,837 16,003 17,356 25,057
Income Tax Expense (Benefit) 1,829 4,288 4,743 7,065
Net Income (Loss) 6,008 11,715 12,613 17,992
Less: Net income (loss) attributable to noncontrolling interests (2) 93 29 111
Net Income (Loss) Attributable to Chevron Corporation $ 6,010 $ 11,622 $ 12,584 $ 17,881
Net Income (Loss) Attributable to Chevron Corporation        
Basic (in dollars per share) $ 3.22 $ 5.98 $ 6.70 $ 9.21
Diluted (in dollars per share) $ 3.20 $ 5.95 $ 6.66 $ 9.17
Weighted Average Number of Shares Outstanding        
Basic (in shares) 1,867,165 1,947,703 1,879,363 1,941,719
Diluted (in shares) 1,875,508 1,957,109 1,888,077 1,950,860