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CHEVRON CORP (CVX)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues and Other Income          
Sales and other operating revenues  235,717.0155,606.094,471.0139,865.0158,902.0134,674.0110,215.0 
Income (loss) from equity affiliates  8,585.05,657.0-472.03,968.06,327.0   
Other income (loss)  1,950.01,202.0693.02,683.01,110.02,610.01,596.0 
    Total Revenues and Other Income  246,252.0162,465.094,692.0146,516.0166,339.0141,722.0114,472.0138,477.0
            Total Revenues and Other Income growth  51.6%71.6%-35.4%-11.9%17.4%23.8%-17.3%-34.7%
Costs and Other Deductions          
Purchased crude oil and products  145,416.092,249.052,148.080,113.094,578.075,765.059,321.0 
Operating expenses  24,714.020,726.020,323.021,385.020,544.019,127.019,902.023,034.0
Selling, general and administrative expenses  4,312.04,014.04,213.04,143.03,838.04,110.04,305.04,443.0
Exploration expenses  974.0549.01,537.0770.01,210.0864.01,033.03,340.0
Depreciation, depletion and amortization  16,319.017,925.019,508.029,218.019,419.019,349.019,457.021,037.0
Taxes other than on income  4,032.03,963.02,839.04,136.04,867.012,331.011,668.012,030.0
Interest and debt expense  -516.0-712.0-697.0-798.0-748.0-307.0201.0 
Other components of net periodic benefit costs  295.0688.0880.0417.0560.0648.0745.0 
    Total Costs and Other Deductions  196,578.0140,826.0102,145.0140,980.0145,764.0132,501.0116,632.0133,635.0
    Income (Loss) Before Income Tax Expense  49,674.021,639.0-7,453.05,536.020,575.09,221.0-2,160.04,842.0
Income Tax Expense (Benefit)  14,066.05,950.0-1,892.02,691.05,715.0-48.0-1,729.0132.0
            Tax rate  28.3%27.5%25.4%48.6%27.8% 80.0%2.7%
    Net Income (Loss)  35,608.015,689.0-5,561.02,845.014,860.09,269.0-431.04,710.0
Less: Net income (loss) attributable to noncontrolling interests  143.064.0-18.0-79.036.074.066.0123.0
    Net Income (Loss) Attributable to Chevron Corporation  35,465.015,625.0-5,543.02,924.014,824.09,195.0-497.04,587.0
   
Per Share of Common Stock          
Net Income (Loss) Attributable to Chevron Corporation          
Basic (in dollars per share)  $18.36$8.15($2.96)$1.55$7.81$4.88($0.27)$2.46
Diluted (in dollars per share)  $18.28$8.14($2.96)$1.54$7.74$4.85($0.27)$2.45
   
Weighted Average Number of Shares Outstanding          
Basic (in shares)  1,931.01,916.01,870.01,882.01,898.01,883.01,873.01,868.0
Diluted (in shares)  1,940.01,920.01,870.01,895.01,914.01,898.01,873.01,875.0

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