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Consolidated Statement of Income (Unaudited) (USD $)
In Millions, except Share data in Thousands, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Revenues and Other Income        
Sales and other operating revenues $ 59,780 $ 66,671 $ 118,676 $ 125,083
Income from equity affiliates 2,091 1,882 3,800 3,569
Other income 737 395 837 637
Total Revenues and Other Income 62,608 68,948 123,313 129,289
Costs and Other Deductions        
Purchased crude oil and products 36,772 40,759 72,825 75,960
Operating expenses 5,420 5,260 10,603 10,323
Selling, general and administrative expenses 1,250 1,200 2,190 2,300
Exploration expenses 493 422 896 590
Depreciation, depletion and amortization 3,284 3,257 6,489 6,383
Taxes other than on income 3,034 4,843 5,886 9,404
Total Costs and Other Deductions 50,253 55,741 98,889 104,960
Income Before Income Tax Expense 12,355 13,207 24,424 24,329
Income Tax Expense 5,123 5,447 10,693 10,330
Net Income 7,232 7,760 13,731 13,999
Less: Net income attributable to noncontrolling interests 22 28 50 56
Net Income Attributable to Chevron Corporation 7,210 7,732 13,681 13,943
Per Share of Common Stock:        
Net Income Attributable to Chevron Corporation - Basic $ 3.68 $ 3.88 $ 6.98 $ 6.99
Net Income Attributable to Chevron Corporation - Diluted $ 3.66 $ 3.85 $ 6.93 $ 6.94
Dividends $ 0.90 $ 0.78 $ 1.71 $ 1.50
Weighted Average Number of Shares Outstanding (000s)        
Basic 1,954,147 1,994,007 1,959,005 1,994,369
Diluted 1,967,990 2,008,995 1,973,386 2,008,791
Includes excise, value-added and similar taxes: $ 1,929 $ 2,264 $ 3,716 $ 4,398