Equity

12 Months Ended

Dec. 31, 2016

Equity [Abstract]

Equity

Equity

Retained earnings at December 31, 2016 and 2015, included approximately $16,479 and $15,010, respectively, for the company’s share of undistributed earnings of equity affiliates.

At December 31, 2016, about 87 million shares of Chevron’s common stock remained available for issuance from the 260 million shares that were reserved for issuance under the Chevron Long-Term Incentive Plan. In addition, 859,746 shares remain available for issuance from the 1,600,000 shares of the company’s common stock that were reserved for awards under the Chevron Corporation Non-Employee Directors’ Equity Compensation and Deferral Plan.