Operating Segments and Geographic Data (Tables)

6 Months Ended

Jun. 30, 2014

Segment Reporting [Abstract]

Segment Earnings

Earnings by major operating area for the three- and six-month periods ended June 30, 2014, and 2013, are presented in the following table:

	Three Months Ended June 30						Six Months Ended June 30
Segment Earnings*	2014			2013			2014			2013
	(Millions of dollars)
Upstream
United States	$	1,054		$	1,083		$	1,966		$	2,215
International	4,210			3,866			7,605			8,650
Total Upstream	5,264			4,949			9,571			10,865
Downstream
United States	517			138			939			273
International	204			628			492			1,194
Total Downstream	721			766			1,431			1,467
Total Segment Earnings	5,985			5,715			11,002			12,332
All Other
Interest Income	21			18			38			39
Other	(341		)	(368		)	(863		)	(828		)
Net Income Attributable to Chevron Corporation	$	5,665		$	5,365		$	10,177		$	11,543

Segment Assets

Segment assets at June 30, 2014, and December 31, 2013, are as follows:

Segment Assets*	At June 30 2014		At December 31 2013
	(Millions of dollars)
Upstream
United States	$	46,748	$	45,436
International	145,352		137,096
Goodwill	4,621		4,639
Total Upstream	196,721		187,171
Downstream
United States	24,216		23,829
International	21,360		20,268
Total Downstream	45,576		44,097
Total Segment Assets	242,297		231,268
All Other
United States	6,547		7,326
International	13,201		15,159
Total All Other	19,748		22,485
Total Assets — United States	77,511		76,591
Total Assets — International	179,913		172,523
Goodwill	4,621		4,639
Total Assets	$	262,045	$	253,753

Segment Sales and Other Operating Revenues

	Three Months Ended June 30						Six Months Ended June 30
Sales and Other Operating Revenues*	2014			2013			2014			2013
	(Millions of dollars)
Upstream
United States	$	5,965		$	6,413		$	12,710		$	12,680
International	13,454			11,746			25,335			24,657
Subtotal	19,419			18,159			38,045			37,337
Intersegment Elimination — United States	(4,260		)	(4,217		)	(8,192		)	(8,411		)
Intersegment Elimination — International	(6,597		)	(7,449		)	(12,359		)	(15,805		)
Total Upstream	8,562			6,493			17,494			13,121
Downstream
United States	21,202			21,555			41,420			41,985
International	28,599			27,222			52,403			54,400
Subtotal	49,801			48,777			93,823			96,385
Intersegment Elimination — United States	(7		)	(11		)	(12		)	(22		)
Intersegment Elimination — International	(2,849		)	(26		)	(4,894		)	(42		)
Total Downstream	46,945			48,740			88,917			96,321
All Other
United States	486			449			875			827
International	8			9			13			15
Subtotal	494			458			888			842
Intersegment Elimination — United States	(411		)	(375		)	(726		)	(667		)
Intersegment Elimination — International	(7		)	(9		)	(12		)	(14		)
Total All Other	76			74			150			161
Sales and Other Operating Revenues
United States	27,653			28,417			55,005			55,492
International	42,061			38,977			77,751			79,072
Subtotal	69,714			67,394			132,756			134,564
Intersegment Elimination — United States	(4,678		)	(4,603		)	(8,930		)	(9,100		)
Intersegment Elimination — International	(9,453		)	(7,484		)	(17,265		)	(15,861		)
Total Sales and Other Operating Revenues	$	55,583		$	55,307		$	106,561		$	109,603

* Effective January 1, 2014, International Upstream prospectively includes selected amounts previously recognized in International Downstream, which are not material to the company’s results of operations or financial position.