Noncontrolling Interests

6 Months Ended

Jun. 30, 2018

Ownership interests in the company’s subsidiaries held by parties other than the parent are presented separately from the parent’s equity on the Consolidated Balance Sheet. The amount of consolidated net income attributable to the parent and the noncontrolling interests are both presented on the face of the Consolidated Statement of Income.

Activity for the equity attributable to noncontrolling interests for the first six months of 2018 and 2017 is as follows:



	2018									2017
	Chevron Corporation Stockholders’ Equity			Non-controlling Interest			Total Equity			Chevron Corporation Stockholders’ Equity			Non-controlling Interest			Total Equity
	(Millions of dollars)
Balance at January 1	$	148,124		$	1,195		$	149,319		$	145,556		$	1,166		$	146,722
Net income	7,047			34			7,081			4,132			33			4,165
Dividends	(4,254		)	—			(4,254		)	(4,062		)	—			(4,062		)
Distributions to noncontrolling interests	—			(55		)	(55		)	—			(41		)	(41		)
Treasury shares, net	868			—			868			265			—			265
Other changes, net*	413			8			421			312			27			339
Balance at June 30	$	152,198		$	1,182		$	153,380		$	146,203		$	1,185		$	147,388

__________________________________________

* Includes components of comprehensive income, which are disclosed separately in the Consolidated Statement of Comprehensive Income.