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  2. Chevron Corp.
  3. Income Statement
  4. Quarterly Data
 

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Chevron Corp. (CVX)

Income Statement Quarterly Data

Difficulty: Beginner

The income statement presents information on the financial results of a company's business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.

Chevron Corp., Consolidated Income Statement (quarterly data)

USD $ in millions

 
3 months ended Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015 Dec 31, 2014 Sep 30, 2014 Jun 30, 2014 Mar 31, 2014 Dec 31, 2013 Sep 30, 2013 Jun 30, 2013 Mar 31, 2013
Sales and other operating revenues
Purchased crude oil and products
Operating expenses
Cost of operating revenues
Excise, value-added and similar taxes
Gross profit
Selling, general and administrative expenses
Exploration expenses
Depreciation, depletion and amortization
Taxes other than on income, excludes excise, value-added and similar taxes
Operating income (loss)
Income from equity affiliates
Other income (loss)
Interest and debt expense
Income (loss) before income tax expense
Income tax (expense) benefit
Net income (loss)
Net income attributable to noncontrolling interests
Net income (loss) attributable to Chevron Corporation
Source: Chevron Corp., Quarterly and Annual Reports
Item Description The company
Sales and other operating revenues Aggregate revenue recognized during the period (derived from goods sold, services rendered, insurance premiums, or other activities that constitute an entity's earning process). For financial services companies, also includes investment and interest income, and sales and trading gains. Chevron Corp.'s sales and other operating revenues increased from Q2 2017 to Q3 2017 and from Q3 2017 to Q4 2017.
Operating income (loss) The net result for the period of deducting operating expenses from operating revenues. Chevron Corp.'s operating income (loss) declined from Q2 2017 to Q3 2017 but then increased from Q3 2017 to Q4 2017 exceeding Q2 2017 level.
Income (loss) before income tax expense Sum of operating profit and nonoperating income (expense) before income (loss) from equity method investments, income taxes, extraordinary items, cumulative effects of changes in accounting principles, and noncontrolling interest. Chevron Corp.'s income (loss) before income tax expense increased from Q2 2017 to Q3 2017 but then declined significantly from Q3 2017 to Q4 2017.
Net income (loss) The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Chevron Corp.'s net income (loss) increased from Q2 2017 to Q3 2017 and from Q3 2017 to Q4 2017.
Net income (loss) attributable to Chevron Corporation The portion of consolidated profit or loss for the period, net of income taxes, which is attributable to the parent. If the entity does not present consolidated financial statements, the amount of profit or loss for the period, net of income taxes. Chevron Corp.'s net income (loss) attributable to Chevron Corporation increased from Q2 2017 to Q3 2017 and from Q3 2017 to Q4 2017.

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