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CONSOLIDATED STATEMENT OF INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenues and Other Income        
Sales and other operating revenues $ 23,997 $ 34,779 $ 69,628 $ 105,291
Income (loss) from equity affiliates 510 1,172 (1,040) 3,430
Other income (loss) (56) 165 858 1,445
Total Revenues and Other Income 24,451 36,116 69,446 110,166
Costs and Other Deductions        
Purchased crude oil and products 13,448 19,882 37,101 60,420
Operating expenses 4,604 5,325 15,425 15,398
Selling, general and administrative expenses 832 954 3,084 3,014
Exploration expenses 117 168 1,170 498
Depreciation, depletion and amortization 4,017 4,361 15,022 12,789
Taxes other than on income 1,091 1,059 3,223 3,167
Interest and debt expense 164 197 498 620
Other components of net periodic benefit costs 222 121 419 319
Total Costs and Other Deductions 24,495 32,067 75,942 96,225
Income (Loss) Before Income Tax Expense (44) 4,049 (6,496) 13,941
Income Tax Expense (Benefit) 165 1,469 (1,591) 4,429
Net Income (Loss) (209) 2,580 (4,905) 9,512
Less: Net income (loss) attributable to noncontrolling interests (2) 0 (27) (22)
Net Income (Loss) Attributable to Chevron Corporation $ (207) $ 2,580 $ (4,878) $ 9,534
Net Income (Loss) Attributable to Chevron Corporation        
Basic (in dollars per share) $ (0.12) $ 1.38 $ (2.63) $ 5.06
Diluted (in dollars per share) $ (0.12) $ 1.36 $ (2.63) $ 5.02
Weighted Average Number of Shares Outstanding        
Basic (in shares) 1,853,533 1,880,607 1,856,363 1,885,931
Diluted (in shares) 1,853,533 1,893,928 1,856,363 1,899,193