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

6 Months Ended

Jun. 30, 2021

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 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
	2021		2020
	(Millions of dollars)
Sales and other operating revenues	$	51,752	$	32,779
Costs and other deductions	50,962		35,953
Net income (loss) attributable to CUSA	$	1,290	$	(2,151)

	At June 30, 2021		At December 31, 2020
	(Millions of dollars)
Current assets	$	15,722	$	10,555
Other assets	47,427		48,054
Current liabilities	15,437		12,403
Other liabilities	22,102		14,102
Total CUSA net equity	$	25,610	$	32,104
Memo: Total debt	$	14,972	$	7,133