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

9 Months Ended

Sep. 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:

	Nine Months Ended September 30
	2024		2023
	(Millions of dollars)
Sales and other operating revenues	$	112,708	$	113,817
Costs and other deductions	107,834		106,318
Net income (loss) attributable to CUSA	$	4,491	$	6,152

	At September 30, 2024		At December 31, 2023
	(Millions of dollars)
Current assets	$	18,855	$	19,489
Other assets	57,597		54,460
Current liabilities	22,115		20,624
Other liabilities	21,748		22,227
Total CUSA net equity	$	32,589	$	31,098
Memo: Total debt	$	9,571	$	9,740