v3.26.1
Summarized Financial Data - Chevron U.S.A. Inc.
3 Months Ended
Mar. 31, 2026
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:
Three Months Ended
March 31
20262025
(Millions of dollars)
Sales and other operating revenues$37,307 $34,983 
Costs and other deductions38,467 33,683 
Net income (loss) attributable to CUSA$(898)$1,111 
At March 31,
2026
At December 31,
2025
 (Millions of dollars)
Current assets$24,722 $18,442 
Other assets59,340 59,166 
Current liabilities31,510 22,943 
Other liabilities31,266 31,646 
Total CUSA net equity$21,286 $23,019 
Memo: Total debt$19,264 $19,371