Summarized Financial Data - Chevron U.S.A. Inc.

6 Months Ended

Jun. 30, 2024

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 refining, marketing, and 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 LLC (CPChem) joint venture, which is accounted for using the equity method.

The summarized financial information for CUSA and its consolidated subsidiaries is as follows:

	Six Months Ended June 30
	2024		2023
	(Millions of dollars)
Sales and other operating revenues	$	75,590	$	73,787
Costs and other deductions	72,170		68,982
Net income (loss) attributable to CUSA	$	3,057	$	3,978

	At June 30, 2024		At December 31, 2023
	(Millions of dollars)
Current assets	$	22,046	$	19,489
Other assets	56,732		54,460
Current liabilities	25,011		20,624
Other liabilities	22,036		22,227
Total CUSA net equity	$	31,731	$	31,098
Memo: Total debt	$	9,888	$	9,740