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 and natural gas liquids 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 Company LLC joint venture, which is accounted for using the equity method.

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



	Three Months Ended March 31
	2013		2012
	(Millions of dollars)
Sales and other operating revenues	$	42,777	$	47,134
Costs and other deductions	41,717		45,106
Net income attributable to CUSA	889		1,364



	At March 31 2013		At December 31 2012
	(Millions of dollars)
Current assets	$	18,881	$	18,983
Other assets	52,804		52,082
Current liabilities	17,703		18,161
Other liabilities	26,689		26,472
Total CUSA net equity	$	27,293	$	26,432
Memo: Total debt	$	14,484	$	14,482