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CONSOLIDATED STATEMENT OF EQUITY (Unaudited) - USD ($)
$ in Millions
Total
Chevron Corp. Stockholders’ Equity
Common Stock
Retained Earnings
Accumulated Other Comp. Income (Loss)
Treasury Stock (at cost)
Non-Controlling Interests
Beginning balance at Dec. 31, 2021 $ 139,940 $ 139,067 $ 18,874 [1] $ 165,546 $ (3,889) $ (41,464) $ 873
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Treasury stock transactions 16 16 16 [1]        
Net income (loss) 6,277 6,259   6,259     18
Cash dividends ($1.42 per share) (2,751) (2,746)   (2,746)     (5)
Stock dividends 0 0          
Other comprehensive income 237 237     237    
Purchases of treasury shares (1,255) (1,255)       (1,255)  
Issuances of treasury shares 4,641 4,641 1,080 [1]     3,561  
Other changes, net (5) 0         (5)
Ending balance at Mar. 31, 2022 147,100 146,219 $ 19,970 [1] 169,059 (3,652) $ (39,158) 881
Beginning balance, shares issued (in shares) at Dec. 31, 2021 [2]     2,442,676,580        
Beginning balance, treasury shares (in shares) at Dec. 31, 2021           (512,870,523)  
Beginning balance, shares outstanding (in shares) at Dec. 31, 2021     1,929,806,057        
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Purchases (in shares)     (8,897,011)     (8,897,011)  
Issuances (in shares)     43,904,410     43,904,410  
Ending balance, shares issued (in shares) at Mar. 31, 2022 [2]     2,442,676,580        
Ending balance, treasury shares (in shares) at Mar. 31, 2022           (477,863,124)  
Ending balance, shares outstanding (in shares) at Mar. 31, 2022     1,964,813,456        
Beginning balance at Dec. 31, 2022 160,242 159,282 $ 20,252 [1] 190,024 (2,798) $ (48,196) 960
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Treasury stock transactions 38 38 38 [1]        
Net income (loss) 6,605 6,574   6,574     31
Cash dividends ($1.42 per share) (2,866) (2,857)   (2,857)     (9)
Stock dividends (1) (1)   (1)      
Other comprehensive income 57 57     57    
Purchases of treasury shares [3] (3,788) (3,788)       (3,788)  
Issuances of treasury shares 146 146 16 [1]     130  
Other changes, net 1 (2)   (2)     3
Ending balance at Mar. 31, 2023 $ 160,434 $ 159,449 $ 20,306 [1] $ 193,738 $ (2,741) $ (51,854) $ 985
Beginning balance, shares issued (in shares) at Dec. 31, 2022 2,442,676,580   2,442,676,580 [2]        
Beginning balance, treasury shares (in shares) at Dec. 31, 2022 (527,460,237)         (527,460,237)  
Beginning balance, shares outstanding (in shares) at Dec. 31, 2022     1,915,216,343        
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Purchases (in shares)     (22,418,644)     (22,418,644)  
Issuances (in shares)     1,417,565     1,417,565  
Ending balance, shares issued (in shares) at Mar. 31, 2023 2,442,676,580   2,442,676,580 [2]        
Ending balance, treasury shares (in shares) at Mar. 31, 2023 (548,461,316)         (548,461,316)  
Ending balance, shares outstanding (in shares) at Mar. 31, 2023     1,894,215,264        
[1] Beginning and ending balances for all periods include capital in excess of par, common stock issued at par for $1,832, and $(240) associated with Chevron’s Benefit Plan Trust. Changes reflect capital in excess of par.
[2] Beginning and ending total issued share balances include 14,168,000 shares associated with Chevron’s Benefit Plan Trust for all periods.
[3] Includes excise tax on share repurchases.