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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, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Revenues and Other Income        
Sales and other operating revenues $ 51,822 [1],[2] $ 56,603 [1],[2] $ 158,383 [1],[2] $ 166,206 [1],[2]
Income from equity affiliates 1,912 1,635 5,543 5,703
Other income 945 265 1,956 781
Total Revenues and Other Income 54,679 58,503 165,882 172,690
Costs and Other Deductions        
Purchased crude oil and products 30,741 34,822 95,408 102,005
Operating expenses 6,403 6,066 18,713 18,106
Selling, general and administrative expenses 1,122 1,197 3,126 3,334
Exploration expenses 366 559 1,475 1,135
Depreciation, depletion and amortization 3,948 3,658 11,920 10,551
Taxes other than on income 3,236 [1] 3,366 [1] 9,422 [1] 9,852 [1]
Total Costs and Other Deductions 45,816 49,668 140,064 144,983
Income Before Income Tax Expense 8,863 8,835 25,818 27,707
Income Tax Expense 3,236 3,839 9,980 11,068
Net Income 5,627 4,996 15,838 16,639
Less: Net income attributable to noncontrolling interests 34 46 68 146
Net Income Attributable to Chevron Corporation $ 5,593 [2] $ 4,950 [2] $ 15,770 [2] $ 16,493 [2]
Per Share of Common Stock:        
Net Income Attributable to Chevron Corporation - Basic (in dollars per share) $ 2.97 $ 2.58 $ 8.35 $ 8.58
Net Income Attributable to Chevron Corporation - Diluted (in dollars per share) $ 2.95 $ 2.57 $ 8.29 $ 8.52
Dividends (in dollars per share) $ 1.07 $ 1.00 $ 3.14 $ 2.90
Weighted Average Number of Shares Outstanding        
Basic (in shares) 1,880,915 1,914,047 1,887,778 1,921,429
Diluted (in shares) 1,896,492 1,929,831 1,902,698 1,936,797
[1] * Includes excise, value-added and similar taxes:$2,116 $2,223 $6,182 $6,364
[2] 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.