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
	2018		2017
	(Millions of dollars)
Sales and other operating revenues^*	$	60,298	$	49,814
Costs and other deductions^*	58,782		49,592
Net income attributable to CUSA	1,806		775
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^* 2017 includes excise, value-added and similar taxes collected on behalf of third parties of $2,130 million. Beginning in 2018, these taxes are netted in "Taxes other than on income" in accordance with ASU 2014-09.



	At June 30 2018		At December 31 2017
	(Millions of dollars)
Current assets	$	15,281	$	12,163
Other assets	55,533		54,994
Current liabilities	17,853		17,379
Other liabilities	13,013		12,541
Total CUSA net equity	$	39,948	$	37,237
Memo: Total debt	$	3,050	$	3,056