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CONSOLIDATED STATEMENT OF INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenues and Other Income    
Sales and other operating revenues $ 48,842 $ 52,314
Income (loss) from equity affiliates 1,588 2,085
Other income (loss) 363 (26)
Total Revenues and Other Income 50,793 54,373
Costs and Other Deductions    
Purchased crude oil and products 29,407 33,411
Operating expenses 6,021 5,638
Selling, general and administrative expenses 881 967
Exploration expenses 190 209
Depreciation, depletion and amortization 3,526 3,654
Taxes other than on income 1,096 1,240
Interest and debt expense 115 136
Other components of net periodic benefit costs 38 64
Total Costs and Other Deductions 41,274 45,319
Income (Loss) Before Income Tax Expense 9,519 9,054
Income Tax Expense (Benefit) 2,914 2,777
Net Income (Loss) 6,605 6,277
Less: Net income (loss) attributable to noncontrolling interests 31 18
Net Income (Loss) Attributable to Chevron Corporation $ 6,574 $ 6,259
Net Income (Loss) Attributable to Chevron Corporation    
Basic (in dollars per share) $ 3.48 $ 3.23
Diluted (in dollars per share) $ 3.46 $ 3.22
Weighted Average Number of Shares Outstanding    
Basic (in shares) 1,891,695 1,935,668
Diluted (in shares) 1,900,785 1,944,542