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

3 Months Ended

Mar. 31, 2022

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 CPChem joint venture, which is accounted for using the equity method.

The summarized financial information for CUSA and its consolidated subsidiaries is as follows:

	Three Months Ended March 31
	2022		2021
	(Millions of dollars)
Sales and other operating revenues	$	41,502	$	23,479
Costs and other deductions	39,636		23,322
Net income (loss) attributable to CUSA	$	1,754	$	257

	At March 31, 2022		At December 31, 2021
	(Millions of dollars)
Current assets	$	25,167	$	20,216
Other assets	47,406		47,355
Current liabilities	20,833		17,824
Other liabilities	18,667		18,438
Total CUSA net equity	$	33,073	$	31,309
Memo: Total debt	$	11,837	$	11,693