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Summarized Financial Data – Chevron Phillips Chemical Company LLC
12 Months Ended
Dec. 31, 2016
Chevron Phillips Chemical Company LLC [Member]  
Subsidiary Statements Captions [Line Items]  
Summarized Financial Data – Chevron Phillips Chemical Company LLC
Summarized Financial Data – Chevron Phillips Chemical Company LLC
Chevron has a 50 percent equity ownership interest in Chevron Phillips Chemical Company LLC (CPChem). Refer to Note 16, beginning on page FS-43, for a discussion of CPChem operations. Summarized financial information for 100 percent of CPChem is presented in the table below:


Year ended December 31
 
 
2016

 
2015

 
2014

Sales and other operating revenues
$
8,455

 
$
9,248

 
$
13,416

Costs and other deductions
7,017

 
7,136

 
10,776

Net income attributable to CPChem
1,687

 
2,651

 
3,288


 
At December 31
 
 
2016

 
2015

Current assets
$
2,695

 
$
2,291

Other assets
12,770

 
11,306

Current liabilities
1,418

 
1,319

Other liabilities
2,569

 
2,013

Total CPChem net equity
$
11,478

 
$
10,265