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make a commin sized income statement Year ended December 31 2018 2017 2016 Revenues and Other Income Sales and other operating revenues Income from equity

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Year ended December 31 2018 2017 2016 Revenues and Other Income Sales and other operating revenues Income from equity affiliates Other income S 158,902 134,674 S 110,215 6,327 4,438 2,661 1,110 2,610 1,596 Total Revenues and Other Income 141,722 166,339 114.472 Costs and Other Deductions Purchased crude oil and products Operating expenses Selling, general and administrative expenses Exploration expenses Depreciation, depletion and amortization Taxes other than on income Interest and debt expense Other components of net periodic benefit costs? 94578 75,765 59,321 19,902 20,544 3,838 19,127 4,110 4,305 1,210 864 1,033 19,457 19,419 19,349 4,867 12,331 11,668 748 307 201 560 648 745 Total Costs and Other Deductions 145,764 132,501 116,632 Income (Loss) Before Income Tax Expense Income Tax Expense (Benefit) 20,575 5,715 9,221 (48) (2,160) (1,720 Net Income (Loss) Less: Net income attributable to non 14,860 9,269 (431) noncontroling interests 36 74 66 Net Income (Loss) Attributable to Chevron Corporation S 14,824 9,195 S (497) Per Share of Common Stock Net Income (Loss) Attributable to Chevron Corporation - Basic - Diluted 7.81 4.88 S (0.27) (0.27) 7.74 S 4.85 2017 and 2016 include excise, value-added and similar taxes of $7,189 and S6.905, respectively, collected on behalf of thind parties Beginning in 2018, these taxes are netted in "Taxes other than on income" in accondance with Accounting Standards Update (ASU) 2014-09. Refer to Note 25, "Revenue" beginning on page 88 1 2017 and 2016 adjusted to conform to ASU 2017-07 Refer to Note 4, "New Accounting Standands" beginning on page 60 See accompanying Notes to the Consolidated Financial Statements

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