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Operating Segments and Geographic Data (Tables)
12 Months Ended
Dec. 31, 2016
Segment Reporting [Abstract]  
Segment Earnings
Earnings by major operating area are presented in the table on the following page:
 
Year ended December 31
 
 
2016

 
 
2015

 
2014

Upstream
 
 
 
 
 
 
   United States
$
(2,054
)
 
 
$
(4,055
)
 
$
3,327

   International
(483
)
 
 
2,094

 
13,566

Total Upstream
(2,537
)
 
 
(1,961
)
 
16,893

Downstream
 
 
 
 
 
 
   United States
1,307

 
 
3,182

 
2,637

   International
2,128

 
 
4,419

 
1,699

Total Downstream
3,435

 
 
7,601

 
4,336

Total Segment Earnings
898

 
 
5,640

 
21,229

All Other
 
 
 
 
 
 
   Interest expense
(168
)
 
 

 

   Interest income
58

 
 
65

 
77

   Other
(1,285
)
 
 
(1,118
)
 
(2,065
)
Net Income (Loss) Attributable to Chevron Corporation
$
(497
)
 
 
$
4,587

 
$
19,241

Segment Assets
Assets at year-end 2016 and 2015 are as follows:
 
At December 31
 
 
2016

 
 
2015

Upstream
 
 
 
 
   United States1
$
42,596

 
 
$
46,383

   International1
164,068

 
 
162,030

   Goodwill
4,581

 
 
4,588

Total Upstream
211,245

 
 
213,001

Downstream
 
 
 
 
   United States1
22,264

 
 
21,404

   International
15,816

 
 
14,982

Total Downstream
38,080

 
 
36,386

Total Segment Assets
249,325

 
 
249,387

All Other
 
 
 
 
   United States1,2
4,852

 
 
4,728

   International
5,901

 
 
10,425

Total All Other
10,753

 
 
15,153

Total Assets – United States1,2
69,712

 
 
72,515

Total Assets – International1
185,785

 
 
187,437

Goodwill
4,581

 
 
4,588

Total Assets
$
260,078

 
 
$
264,540


1 2015 adjusted to conform to ASU 2015-17. Refer to Note 19, "Income Taxes" beginning on page FS-49.
2 2015 adjusted to conform to ASU 2015-03. Refer to Note 5, "New Accounting Standards" on page FS-34.
Segment Sales and Other Operating Revenues
 
Year ended December 31
 
 
2016

 
 
2015

 
2014

Upstream
 
 
 
 
 
 
   United States
$
3,148

 
 
$
4,117

 
$
7,455

     Intersegment
7,217

 
 
8,631

 
15,455

     Total United States
10,365

 
 
12,748

 
22,910

   International
13,262

 
 
15,587

 
23,808

     Intersegment
9,518

 
 
11,492

 
23,107

     Total International
22,780

 
 
27,079

 
46,915

Total Upstream
33,145

 
 
39,827

 
69,825

Downstream
 
 
 
 
 
 
   United States
40,366

 
 
48,420

 
73,942

     Excise and similar taxes
4,335

 
 
4,426

 
4,633

     Intersegment
16

 
 
26

 
31

     Total United States
44,717

 
 
52,872

 
78,606

   International
46,388

 
 
54,296

 
86,848

     Excise and similar taxes
2,570

 
 
2,933

 
3,553

     Intersegment
1,068

 
 
1,528

 
8,839

     Total International
50,026

 
 
58,757

 
99,240

Total Downstream
94,743

 
 
111,629

 
177,846

All Other
 
 
 
 
 
 
   United States
145

 
 
141

 
252

     Intersegment
960

 
 
1,372

 
1,475

     Total United States
1,105

 
 
1,513

 
1,727

   International
1

 
 
5

 
3

     Intersegment
36

 
 
37

 
28

     Total International
37

 
 
42

 
31

Total All Other
1,142

 
 
1,555

 
1,758

Segment Sales and Other Operating Revenues
 
 
 
 
 
 
   United States
56,187

 
 
67,133

 
103,243

   International
72,843

 
 
85,878

 
146,186

Total Segment Sales and Other Operating Revenues
129,030

 
 
153,011

 
249,429

Elimination of intersegment sales
(18,815
)
 
 
(23,086
)
 
(48,935
)
Total Sales and Other Operating Revenues
$
110,215

 
 
$
129,925

 
$
200,494

 

Segment income tax expense
Segment income tax expense for the years 2016, 2015 and 2014 is as follows:
 
Year ended December 31
 
 
2016

 
 
2015

 
2014

Upstream
 
 
 
 
 
 
   United States
$
(1,172
)
 
 
$
(2,041
)
 
$
2,043

   International
166

 
 
1,214

 
9,217

Total Upstream
(1,006
)
 
 
(827
)
 
11,260

Downstream
 
 
 
 
 
 
   United States
503

 
 
1,320

 
1,302

   International
484

 
 
1,313

 
467

Total Downstream
987

 
 
2,633

 
1,769

All Other
(1,710
)
 
 
(1,674
)
 
(1,137
)
Total Income Tax Expense (Benefit)
$
(1,729
)
 
 
$
132

 
$
11,892