CHEVRON CORP | 2013 | FY | 3


Properties, Plant and Equipment1
 
At December 31
 
 
 
Year ended December 31
 
 
Gross Investment at Cost
 
 
 
Net Investment
 
 
 
Additions at Cost2,3
 
 
 
Depreciation Expense4
 
 
2013


2012


2011



2013


2012


2011



2013


2012


2011



2013


2012


2011

Upstream


























   United States
$
89,555


$
81,908


$
74,369



$
41,831


$
37,909


$
33,461



$
8,188


$
8,211


$
14,404



$
4,412


$
3,902


$
3,870

   International
169,623


145,799


125,795



104,100


85,318


72,543



27,383


21,343


15,722



8,336


8,015


7,590

Total Upstream
259,178


227,707


200,164



145,931


123,227


106,004



35,571


29,554


30,126



12,748


11,917


11,460

Downstream


























   United States
22,407


21,792


20,699



11,481


11,333


10,723



1,154


1,498


1,226



780


799


776

   International
9,303


8,990


7,422



4,139


3,930


2,995



653


2,544


443



360


308


332

Total Downstream
31,710


30,782


28,121



15,620


15,263


13,718



1,807


4,042


1,669



1,140


1,107


1,108

All Other5


























   United States
5,402


4,959


5,117



3,194


2,845


2,872



721


415


591



286


384


338

   International
143


33


30



84


13


14



23


4


5



12


5


5

Total All Other
5,545


4,992


5,147



3,278


2,858


2,886



744


419


596



298


389


343

Total United States
117,364


108,659


100,185



56,506


52,087


47,056



10,063


10,124


16,221



5,478


5,085


4,984

Total International
179,069


154,822


133,247



108,323


89,261


75,552



28,059


23,891


16,170



8,708


8,328


7,927

Total
$
296,433


$
263,481


$
233,432



$
164,829


$
141,348


$
122,608



$
38,122


$
34,015


$
32,391



$
14,186


$
13,413


$
12,911

1 
Other than the United States, Australia and Nigeria, no other country accounted for 10 percent or more of the company’s net properties, plant and equipment (PP&E) in 2013. Australia had $31,464, $21,770 and $12,423 in 2013, 2012, and 2011, respectively. Nigeria had PP&E of $18,429, $17,485 and $15,601 for 2013, 2012 and 2011, respectively.
2 
Net of dry hole expense related to prior years’ expenditures of $89, $80 and $45 in 2013, 2012 and 2011, respectively.
3 
Includes properties acquired with the acquisition of Atlas Energy, Inc., in 2011.
4 
Depreciation expense includes accretion expense of $627, $629 and $628 in 2013, 2012 and 2011, respectively.
5 
Primarily mining operations, power and energy services, real estate assets and management information systems.

us-gaap:PropertyPlantAndEquipmentDisclosureTextBlock