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

12 Months Ended

Dec. 31, 2017

Summarized Financial Data of Subsidiary One [Abstract]

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

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 the refining, marketing, 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:

	Year ended December 31
	2017		2016			2015
Sales and other operating revenues	$	104,054	$	83,715		$	97,766
Total costs and other deductions	103,904		87,429			101,565
Net income (loss) attributable to CUSA	4,842		(1,177		)	(1,054		)

	2017		2016
Current assets	$	12,163	$	11,266
Other assets	54,994		55,722
Current liabilities	17,379		16,660
Other liabilities	12,541		21,701
Total CUSA net equity	$	37,237	$	28,627
Memo: Total debt	$	3,056	$	9,418

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 70, for a discussion of CPChem operations. Summarized financial information for 100 percent of CPChem is presented in the table below:

	Year ended December 31
	2017		2016		2015
Sales and other operating revenues	$	9,063	$	8,455	$	9,248
Costs and other deductions	8,126		7,017		7,136
Net income attributable to CPChem	1,446		1,687		2,651

	At December 31
	2017		2016
Current assets	$	2,944	$	2,695
Other assets	13,823		12,770
Current liabilities	1,439		1,418
Other liabilities	2,932		2,569
Total CPChem net equity	$	12,396	$	11,478