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Consolidated Statement of Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenues and Other Income      
Sales and other operating revenues [1] $ 139,865 $ 158,902  
Sales and other operating revenues [1]     $ 134,674
Income from equity affiliates 3,968 6,327 4,438
Other income 2,683 1,110 2,610
Total Revenues and Other Income 146,516 166,339 141,722
Costs and Other Deductions      
Purchased crude oil and products 80,113 94,578 75,765
Operating expenses 21,385 20,544 19,127
Selling, general and administrative expenses 4,143 3,838 4,110
Exploration expenses 770 1,210 864
Depreciation, depletion and amortization 29,218 19,419 19,349
Taxes other than on income [1] 4,136 4,867 12,331
Interest and debt expense 798 748 307
Other components of net periodic benefit costs 417 560 648
Total Costs and Other Deductions 140,980 145,764 132,501
Income (Loss) Before Income Tax Expense 5,536 20,575 9,221
Income Tax Expense (Benefit) 2,691 5,715 (48)
Net Income (Loss) 2,845 14,860 9,269
Less: Net income attributable to noncontrolling interests (79) 36 74
Net Income (Loss) Attributable to Chevron Corporation $ 2,924 $ 14,824 $ 9,195
Net Income (Loss) Attributable to Chevron Corporation      
– Basic (in dollars per share) $ 1.55 $ 7.81 $ 4.88
– Diluted (in dollars per share) $ 1.54 $ 7.74 $ 4.85
[1] 2017 include excise, value-added and similar taxes of $7,189, collected on behalf of third parties. Beginning in 2018, these taxes are netted in "Taxes other than on income" in accordance with Accounting Standards Update (ASU) 2014-09. Refer to Note 24, "Revenue" beginning on page 89.