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Consolidated Statement of Income (Unaudited) (USD $)
In Millions, except Share data in Thousands, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Revenues and Other Income        
Sales and other operating revenues $ 55,660 [1] $ 61,261 [1] $ 174,336 [1] $ 186,344 [1]
Income from equity affiliates 1,274 2,227 5,074 5,796
Other income 1,110 944 1,947 1,581
Total Revenues and Other Income 58,044 64,432 181,357 193,721
Costs and Other Deductions        
Purchased crude oil and products 33,982 37,600 106,807 113,560
Operating expenses 5,694 5,378 16,297 15,701
Selling, general and administrative expenses 1,352 1,115 3,542 3,415
Exploration expenses 475 240 1,371 830
Depreciation, depletion and amortization 3,370 3,215 9,859 9,598
Taxes other than on income 3,239 [1] 3,544 [1] 9,125 [1] 12,948 [1]
Total Costs and Other Deductions 48,112 51,092 147,001 156,052
Income Before Income Tax Expense 9,932 13,340 34,356 37,669
Income Tax Expense 4,624 5,483 15,317 15,813
Net Income 5,308 7,857 19,039 21,856
Less: Net income attributable to noncontrolling interests 55 28 105 84
Net Income Attributable to Chevron Corporation 5,253 7,829 18,934 21,772
Per Share of Common Stock:        
Net Income Attributable to Chevron Corporation - Basic (in dollars per share) $ 2.71 $ 3.94 $ 9.69 $ 10.93
Net Income Attributable to Chevron Corporation - Diluted (in dollars per share) $ 2.69 $ 3.92 $ 9.62 $ 10.86
Dividends (in dollars per share) $ 0.90 $ 0.78 $ 2.61 $ 2.28
Weighted Average Number of Shares Outstanding (000s)        
Basic (in shares) 1,945,840 1,984,643 1,954,584 1,991,091
Diluted (in shares) 1,960,141 1,998,673 1,968,939 2,005,381
Includes excise, value-added and similar taxes: $ 2,163 $ 1,974 $ 5,879 $ 6,372
[1] * Includes excise, value-added and similar taxes:2,163 1,974 5,879 6,372