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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, 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 (2,866) (2,857)   (2,857)     (9)
Stock dividends (1) (1)   (1)      
Other comprehensive income 57 57     57    
Purchases of treasury shares (3,788) (3,788)       (3,788)  
Issuances of treasury shares 146 146 $ 16 [1]     $ 130  
Other changes, net 1 (2)   (2)     3
Purchases (in shares)     (22,418,644)     (22,418,644)  
Issuances (in shares)     1,417,565     1,417,565  
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]     2,442,676,580        
Beginning balance, treasury shares (in shares) at Dec. 31, 2022           (527,460,237)  
Beginning balance, shares outstanding (in shares) at Dec. 31, 2022     1,915,216,343        
Ending balance, shares issued (in shares) at Mar. 31, 2023 [2]     2,442,676,580        
Ending balance, treasury shares (in shares) at Mar. 31, 2023           (548,461,316)  
Ending balance, shares outstanding (in shares) at Mar. 31, 2023     1,894,215,264        
Beginning 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]              
Treasury stock transactions 92 92 92 [1]        
Net income (loss) 5,551 5,501   5,501     50
Cash dividends (3,006) (3,003)   (3,003)     (3)
Stock dividends (6) (6)   (6)      
Other comprehensive income (5) (5)     (5)    
Purchases of treasury shares [3] (3,006) (3,006)       (3,006)  
Issuances of treasury shares 98 98 $ (14) [1]     $ 112  
Other changes, net 9 (3)   (3)     12
Purchases (in shares)     (19,737,687)     (19,737,687)  
Issuances (in shares)     1,098,916     1,098,916  
Ending balance at Mar. 31, 2024 $ 161,656 $ 160,625 $ 23,035 [1] $ 202,514 $ (2,965) $ (61,959) $ 1,031
Beginning balance, shares issued (in shares) at Dec. 31, 2023 2,442,676,580   2,442,676,580 [2]        
Beginning balance, treasury shares (in shares) at Dec. 31, 2023 (577,028,776)         (577,028,776)  
Beginning balance, shares outstanding (in shares) at Dec. 31, 2023     1,865,647,804        
Ending balance, shares issued (in shares) at Mar. 31, 2024 2,442,676,580   2,442,676,580 [2]        
Ending balance, treasury shares (in shares) at Mar. 31, 2024 (595,667,547)         (595,667,547)  
Ending balance, shares outstanding (in shares) at Mar. 31, 2024     1,847,009,033        
[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.