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Summarized Financial Data - Chevron U.S.A. Inc.
12 Months Ended
Dec. 31, 2023
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 liquids and natural gas and those associated with the refining, marketing, 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:
Year ended December 31
202320222021
Sales and other operating revenues
$152,347 $183,032 $120,380 
Total costs and other deductions
144,482 166,955 114,641 
Net income (loss) attributable to CUSA
4,598 13,315 6,904 
At December 31
20232022
Current assets$19,489 $18,704 
Other assets54,460 50,153 
Current liabilities20,624 22,452 
Other liabilities22,227 19,274 
Total CUSA net equity$31,098 $27,131 
Memo: Total debt$9,740 $10,800