Summarized Financial Data - Chevron Phillips Chemical Company LLC

6 Months Ended

Jun. 30, 2017

Subsidiary Statements Captions [Line Items]

Summarized Financial Data – Chevron Phillips Chemical Company LLC

Summarized Financial Data — Chevron U.S.A. Inc.

Chevron U.S.A. Inc. (CUSA) is a major subsidiary of Chevron Corporation. CUSA and its subsidiaries manage and operate most of Chevron’s U.S. businesses. Assets include those related to the exploration and production of crude oil, natural gas and natural gas liquids and those associated with refining, marketing, and supply and distribution of products derived from petroleum, excluding most of the regulated pipeline operations of Chevron. CUSA also holds the company’s investment in the Chevron Phillips Chemical Company LLC joint venture, which is accounted for using the equity method.

The summarized financial information for CUSA and its consolidated subsidiaries is as follows:

	Six Months Ended June 30
	2017		2016
	(Millions of dollars)
Sales and other operating revenues	$	49,814	$	38,275
Costs and other deductions	49,592		40,905
Net income (loss) attributable to CUSA	775		(1,218		)

	At June 30 2017		At December 31 2016
	(Millions of dollars)
Current assets	$	10,051	$	11,266
Other assets	54,057		55,722
Current liabilities	13,739		16,660
Other liabilities	15,188		21,701
Total CUSA net equity	$	35,181	$	28,627
Memo: Total debt	$	3,056	$	9,418

Chevron Phillips Chemical Company LLC

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). Summarized financial information for 100 percent of CPChem is presented in the table below:

	Six Months Ended June 30
	2017		2016
	(Millions of dollars)
Sales and other operating revenues	$	4,701	$	4,071
Costs and other deductions	3,787		3,312
Net income attributable to CPChem	1,093		988