v3.25.2
CONSOLIDATED STATEMENT OF INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenues and Other Income        
Sales and other operating revenues $ 44,375 $ 49,574 $ 90,476 $ 96,154
Income (loss) from equity affiliates 536 1,206 1,356 2,647
Other income (loss) (89) 401 600 1,096
Total Revenues and Other Income 44,822 51,181 92,432 99,897
Costs and Other Deductions        
Purchased crude oil and products 26,858 30,867 55,468 58,608
Operating expenses 6,674 6,614 13,082 13,147
Selling, general and administrative expenses 889 1,048 2,110 2,058
Exploration expenses 252 263 439 392
Depreciation, depletion and amortization 4,344 4,004 8,467 8,095
Taxes other than on income 1,301 1,188 2,556 2,312
Interest and debt expense 274 113 486 231
Other components of net periodic benefit costs 83 48 94 96
Total Costs and Other Deductions 40,675 44,145 82,702 84,939
Income (Loss) Before Income Tax Expense 4,147 7,036 9,730 14,958
Income Tax Expense (Benefit) 1,632 2,593 3,703 4,964
Net Income (Loss) 2,515 4,443 6,027 9,994
Less: Net income (loss) attributable to noncontrolling interests 25 9 37 59
Net Income (Loss) Attributable to Chevron Corporation $ 2,490 $ 4,434 $ 5,990 $ 9,935
Net Income (Loss) Attributable to Chevron Corporation        
Basic (in dollars per share) $ 1.45 $ 2.43 $ 3.46 $ 5.42
Diluted (in dollars per share) $ 1.45 $ 2.43 $ 3.45 $ 5.40
Weighted Average Number of Shares Outstanding (000s)        
Basic (in shares) 1,719,184 1,825,842 1,731,836 1,834,110
Diluted (in shares) 1,724,397 1,833,431 1,737,844 1,841,274