Investments and Advances (Tables)

12 Months Ended

Dec. 31, 2015

Investments in and Advances to Affiliates, Schedule of Investments [Abstract]

Equity in earnings, together with investments in and advances to companies accounted for using the equity method and other investments accounted for at or below cost

Equity in earnings, together with investments in and advances to companies accounted for using the equity method and other investments accounted for at or below cost, is shown in the following table. For certain equity affiliates, Chevron pays its share of some income taxes directly. For such affiliates, the equity in earnings does not include these taxes, which are reported on the Consolidated Statement of Income as “Income tax expense.”

Investments and Advances						Equity in Earnings
	At December 31*					Year ended December 31
	2015			2014		2015			2014			2013
Upstream
Tengizchevroil	$	8,077		$	7,319	$	1,939		$	4,392		$	4,957
Petropiar	679			794		180			26			339
Caspian Pipeline Consortium	1,342			1,487		162			191			113
Petroboscan	1,163			917		219			186			300
Angola LNG Limited	3,284			3,277		(417		)	(311		)	(111		)
Other	2,158			2,316		135			229			214
Total Upstream	16,703			16,110		2,218			4,713			5,812
Downstream
GS Caltex Corporation	3,620			2,867		824			420			132
Chevron Phillips Chemical Company LLC	5,196			5,116		1,367			1,606			1,371
Caltex Australia Ltd.	—			1,161		92			183			224
Other	1,077			1,048		186			180			199
Total Downstream	9,893			10,192		2,469			2,389			1,926
All Other
Other	(18		)	33		(3		)	(4		)	(211		)
Total equity method	$	26,578		$	26,335	$	4,684		$	7,098		$	7,527
Other at or below cost	532			577
Total investments and advances	$	27,110		$	26,912
Total United States	$	6,863		$	6,787	$	1,342		$	1,623		$	1,294
Total International	$	20,247		$	20,125	$	3,342		$	5,475		$	6,233

^*2014 conformed to 2015 presentation

Summarized financial information on a 100 percent basis for all equity affiliates as well as Chevron's total share, which includes Chevron loans to affiliates

The following table provides summarized financial information on a 100 percent basis for all equity affiliates as well as Chevron’s total share, which includes Chevron's net loans to affiliates of $410, $874 and $1,129 at December 31, 2015, 2014 and 2013, respectively.

	Affiliates						Chevron Share
Year ended December 31	2015		2014		2013		2015		2014		2013
Total revenues	$	71,389	$	123,003	$	131,875	$	33,492	$	58,937	$	63,101
Income before income tax expense	13,129		20,609		24,075		6,279		9,968		11,108
Net income attributable to affiliates	10,649		14,758		15,594		4,691		7,237		7,845
At December 31
Current assets	$	27,162	$	35,662	$	39,713	$	10,657	$	13,465	$	15,156
Noncurrent assets	71,650		70,817		68,593		26,607		26,053		25,059
Current liabilities	20,559		25,308		29,642		7,351		9,588		11,587
Noncurrent liabilities	18,560		17,983		19,442		3,909		4,211		4,559
Total affiliates' net equity	$	59,693	$	63,188	$	59,222	$	26,004	$	25,719	$	24,069