Statement of Comprehensive Income

Comprehensive income is the change in equity (net assets) of a business enterprise during a period from transactions and other events and circumstances from non-owners sources. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners.

Chevron Corp., consolidated statement of comprehensive income

US$ in millions

12 months ended:	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net income (loss)	17,749)	21,411)	35,608)	15,689)	(5,561)
Unrealized net change arising during period	(67)	11)	(41)	(55)	35)
Currency translation adjustment	(67)	11)	(41)	(55)	35)
Net gain (loss) arising during period	(8)	1)	(1)	(1)	(2)
Unrealized holding gain (loss) on securities	(8)	1)	(1)	(1)	(2)
Net derivatives gain (loss) on hedge transactions	(50)	(11)	65)	(6)	—)
Reclassification to net income	25)	33)	(80)	6)	—)
Income tax benefit (cost) on derivatives transactions	6)	(5)	3)	—)	—)
Derivatives	(19)	17)	(12)	—)	—)
Amortization to net income of net actuarial loss and settlements	247)	244)	599)	1,069)	1,107)
Actuarial gain (loss) arising during period	228)	(550)	1,050)	1,244)	(2,004)
Actuarial gain (loss)	475)	(306)	1,649)	2,313)	(897)
Amortization to net income of net prior service costs and curtailments	(10)	(13)	(19)	(14)	(23)
Prior service (costs) credits arising during period	(48)	(29)	(96)	—)	—)
Prior service credits (cost)	(58)	(42)	(115)	(14)	(23)
Defined benefit plans sponsored by equity affiliates, benefit (cost)	(19)	6)	100)	127)	(104)
Income tax benefit (cost) on defined benefit plans	(104)	151)	(489)	(647)	369)
Defined benefit plans	294)	(191)	1,145)	1,779)	(655)
Other comprehensive gain (loss), net of tax	200)	(162)	1,091)	1,723)	(622)
Comprehensive income (loss)	17,949)	21,249)	36,699)	17,412)	(6,183)
Comprehensive (income) loss attributable to noncontrolling interests	(88)	(42)	(143)	(64)	18)
Comprehensive income (loss) attributable to Chevron Corporation	17,861)	21,207)	36,556)	17,348)	(6,165)

Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).

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Comprehensive income item	Description	The company
Net income (loss) attributable to Chevron Corporation	The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.	Chevron Corp. net income (loss) attributable to Chevron Corporation decreased from 2022 to 2023 and from 2023 to 2024.
Comprehensive income (loss) attributable to Chevron Corporation	Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Exclude changes in equity resulting from investments by owners and distributions to owners.	Chevron Corp. comprehensive income (loss) attributable to Chevron Corporation decreased from 2022 to 2023 and from 2023 to 2024.

Chevron Corp. (NYSE:CVX)

Statement of Comprehensive Income