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Noncontrolling Interests
12 Months Ended
Dec. 31, 2016
Noncontrolling Interest [Abstract]  
Noncontrolling Interests
Noncontrolling Interests
Ownership interests in the company’s subsidiaries held by parties other than the parent are presented separately from the parent’s equity on the Consolidated Balance Sheet. The amount of consolidated net income attributable to the parent and the noncontrolling interests are both presented on the face of the Consolidated Statement of Income. The term “earnings” is defined as “Net Income (Loss) Attributable to Chevron Corporation.”
Activity for the equity attributable to noncontrolling interests for 2016, 2015 and 2014 is as follows:
 
2016

 
 
2015

 
2014

Balance at January 1
$
1,170

 
 
$
1,163

 
$
1,314

Net income
66

 
 
123

 
69

Distributions to noncontrolling interests
(63
)
 
 
(128
)
 
(47
)
Other changes, net
(7
)
 
 
12

 
(173
)
Balance at December 31
$
1,166

 
 
$
1,170

 
$
1,163