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Consolidated Statement of Income (USD $)
In Millions, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Revenues and Other Income      
Sales and other operating revenues $ 244,371 [1] $ 198,198 [1] $ 167,402 [1]
Income from equity affiliates 7,363 5,637 3,316
Other income 1,972 1,093 918
Total Revenues and Other Income 253,706 204,928 171,636
Costs and Other Deductions      
Purchased crude oil and products 149,923 116,467 99,653
Operating expenses 21,649 19,188 17,857
Selling, general and administrative expenses 4,745 4,767 4,527
Exploration expenses 1,216 1,147 1,342
Depreciation, depletion and amortization 12,911 13,063 12,110
Taxes other than on income 15,628 [1] 18,191 [1] 17,591 [1]
Interest and debt expense   50 28
Total Costs and Other Deductions 206,072 172,873 153,108
Income Before Income Tax Expense 47,634 32,055 18,528
Income Tax Expense 20,626 12,919 7,965
Net Income 27,008 19,136 10,563
Less: Net income attributable to noncontrolling interests 113 112 80
Net Income attributable to Chevron Corporation 26,895 19,024 10,483
Per Share of Common Stock      
Net Income Attributable to Chevron Corporation - Basic $ 13.54 $ 9.53 $ 5.26
Net Income Attributable to Chevron Corporation - Diluted $ 13.44 $ 9.48 $ 5.24
Includes excise, value-added and similar taxes: $ 8,085 $ 8,591 $ 8,109
[1] Includes excise, value-added and similar taxes.