v3.26.1
CONSOLIDATED STATEMENT OF EQUITY (Unaudited) - USD ($)
$ in Millions
Total
Chevron Corp. Stockholders’ Equity
Common Stock
Retained Earnings
Accumulated Other Comp. Income (Loss)
Treasury Stock (at cost)
Non-Controlling Interests
Beginning balance at Dec. 31, 2024 $ 153,157 $ 152,318 $ 23,263 [1] $ 205,852 $ (2,760) $ (74,037) $ 839
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Treasury stock transactions 103 103 103 [1]        
Net income (loss) 3,512 3,500   3,500     12
Cash dividends (2,999) (2,984)   (2,984)     (15)
Stock dividends (9) (9)   (9)      
Other comprehensive income 51 51     51    
Purchases of treasury shares [2] (3,952) (3,952)       (3,952)  
Issuances of treasury shares 217 217 (55) [1]     272  
Other changes, net 0            
Ending balance at Mar. 31, 2025 150,080 149,244 $ 23,311 [1] 206,359 (2,709) $ (77,717) 836
Beginning balance, shares issued (in shares) at Dec. 31, 2024 [3]     2,442,676,580        
Beginning balance, treasury shares (in shares) at Dec. 31, 2024           (673,664,306)  
Beginning balance, shares outstanding (in shares) at Dec. 31, 2024     1,769,012,274        
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Purchases (in shares)     (25,087,428)     (25,087,428)  
Issuances (in shares)     2,469,059     2,469,059  
Ending balance, shares issued (in shares) at Mar. 31, 2025 [3]     2,442,676,580        
Ending balance, treasury shares (in shares) at Mar. 31, 2025           (696,282,675)  
Ending balance, shares outstanding (in shares) at Mar. 31, 2025     1,746,393,905        
Beginning balance at Dec. 31, 2025 192,176 186,450 $ 35,478 [1] 205,365 (2,464) $ (51,929) 5,726
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Treasury stock transactions 137 137 137 [1]        
Hess Corporation acquisition 0            
Net income (loss) 2,293 2,210   2,210     83
Cash dividends (3,680) (3,526)   (3,526)     (154)
Stock dividends (11) (11)   (11)      
Other comprehensive income (129) (129)     (129)    
Purchases of treasury shares [2] (2,577) (2,577)       (2,577)  
Issuances of treasury shares 1,160 1,160 (137)     1,297  
Other changes, net 2 1   1     1
Ending balance at Mar. 31, 2026 $ 189,371 $ 183,715 $ 35,478 [1] $ 204,039 $ (2,593) $ (53,209) $ 5,656
Beginning balance, shares issued (in shares) at Dec. 31, 2025 2,442,676,580   2,442,676,580 [3]        
Beginning balance, treasury shares (in shares) at Dec. 31, 2025 (448,260,458)         (448,260,458)  
Beginning balance, shares outstanding (in shares) at Dec. 31, 2025     1,994,416,122        
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Purchases (in shares)     (13,996,478)     (13,996,478)  
Issuances (in shares)     11,178,088     11,178,088  
Ending balance, shares issued (in shares) at Mar. 31, 2026 2,442,676,580   2,442,676,580 [3]        
Ending balance, treasury shares (in shares) at Mar. 31, 2026 (451,078,848)         (451,078,848)  
Ending balance, shares outstanding (in shares) at Mar. 31, 2026     1,991,597,732        
[1] Beginning and ending balances for all periods include capital in excess of par, common stock issued at par for $1,832, and $(240) associated with Chevron’s Benefit Plan Trust. Changes reflect capital in excess of par.
[2] Includes excise tax on share repurchases.
[3] Beginning and ending total issued share balances include 14,168,000 shares associated with Chevron’s Benefit Plan Trust for all periods.