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Summarized Financial Data - Chevron U.S.A. Inc.
6 Months Ended
Jun. 30, 2025
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
20252024
(Millions of dollars)
Sales and other operating revenues$70,908 $75,590 
Costs and other deductions67,891 72,170 
Net income (loss) attributable to CUSA$2,553 $3,057 
At June 30,
2025
At December 31,
2024
 (Millions of dollars)
Current assets$18,044 $20,153 
Other assets59,609 58,485 
Current liabilities22,257 25,825 
Other liabilities27,030 21,455 
Total CUSA net equity$28,366 $31,358 
Memo: Total debt$14,397 $8,917