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Consolidated Statement of Equity - USD ($)
$ in Millions
Total
Chevron Corp. Stockholders' Equity
Common Stock
Retained Earnings
Acc. Other Comprehensive Income (Loss)
Treasury Stock (at cost)
Noncontrolling Interests
Beginning balance at Dec. 31, 2020 $ 132,726 $ 131,688 $ 18,421 [1] $ 160,377 $ (5,612) $ (41,498) $ 1,038
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Treasury stock transactions 315 315 315 [1]        
Acquisitions 46 367 138 [1] (148)   377 (321)
Net income (loss) 15,689 15,625   15,625     64
Cash dividends (10,232) (10,179)   (10,179)     (53)
Stock dividends (3) (3)   (3)      
Other comprehensive income 1,723 1,723     1,723    
Purchases of treasury shares2 (1,383) (1,383)       (1,383)  
Issuances of treasury shares 1,040 1,040       1,040  
Other changes, net 19 (126)   (126)     145
Ending balance at Dec. 31, 2021 139,940 139,067 $ 18,874 [1] 165,546 (3,889) $ (41,464) 873
Beginning balance, shares issued (in shares) at Dec. 31, 2020 [2]     2,442,676,580        
Beginning balance, treasury shares (in shares) at Dec. 31, 2020           (517,490,263)  
Beginning balance, shares outstanding (in shares) at Dec. 31, 2020     1,925,186,317        
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Purchases (in shares)     (13,015,737)     (13,015,737)  
Issuances (in shares)     17,635,477     17,635,477  
Ending balance, shares issued (in shares) at Dec. 31, 2021 [2]     2,442,676,580        
Ending balance, treasury shares (in shares) at Dec. 31, 2021           (512,870,523)  
Ending balance, shares outstanding (in shares) at Dec. 31, 2021     1,929,806,057        
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Treasury stock transactions 63 63 $ 63 [1]        
Net income (loss) 35,608 35,465   35,465     143
Cash dividends (11,086) (10,968)   (10,968)     (118)
Stock dividends (3) (3)   (3)      
Other comprehensive income 1,091 1,091     1,091    
Purchases of treasury shares2 (11,255) (11,255)       $ (11,255)  
Issuances of treasury shares 5,838 5,838 1,315 [1]     4,523  
Other changes, net 46 (16)   (16)     62
Ending 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]              
Purchases (in shares)     (69,912,961)     (69,912,961)  
Issuances (in shares)     55,323,247     55,323,247  
Ending balance, shares issued (in shares) at Dec. 31, 2022 2,442,676,580   2,442,676,580 [2]        
Ending balance, treasury shares (in shares) at Dec. 31, 2022 (527,460,237)         (527,460,237)  
Ending balance, shares outstanding (in shares) at Dec. 31, 2022     1,915,216,343        
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Treasury stock transactions $ 174 174 $ 174 [1]        
Acquisitions 6,520 6,520 2,550 [1]     $ 3,970  
Net income (loss) 21,411 21,369   21,369     42
Cash dividends (11,390) (11,336)   (11,336)     (54)
Stock dividends (9) (9)   (9)      
Other comprehensive income (162) (162)     (162)    
Purchases of treasury shares2 [3] (15,085) (15,085)       (15,085)  
Issuances of treasury shares 263 263 17 [1]     246  
Other changes, net (35) (59) (36) [1] (23)     24
Ending balance at Dec. 31, 2023 $ 161,929 $ 160,957 $ 22,957 [1] $ 200,025 $ (2,960) $ (59,065) $ 972
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Purchases (in shares)     (92,849,905)     (92,849,905)  
Issuances (in shares)     43,281,366     43,281,366  
Ending balance, shares issued (in shares) at Dec. 31, 2023 2,442,676,580   2,442,676,580 [2]        
Ending balance, treasury shares (in shares) at Dec. 31, 2023 (577,028,776)         (577,028,776)  
Ending balance, shares outstanding (in shares) at Dec. 31, 2023     1,865,647,804        
[1]
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]
3 Beginning and ending total issued share balances include 14,168,000 shares associated with Chevron’s Benefit Plan Trust.
[3]
2 Includes excise tax on share repurchases.