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Investor Presentaiton

© 2023 Chevron Corporation Appendix: reconciliation of non-GAAP measures Net debt ratio $ millions Short term debt Chevron 2Q23 Hess 2Q23 Pro forma 2Q23 1,269 8 1,277 Long term debt* 20,245 8,459 28,704 Total debt 21,514 8,467 29,981 Less: Cash and cash equivalents 9,292 2,226 11,518 Less: Marketable securities 318 318 Total adjusted debt 11,904 6,241 18,145 Total stockholders' equity 158,325 8,272 166,597 Total adjusted debt plus total stockholders' equity 170,229 14,513 184.742 Net debt ratio 7.0% 43.0% 9.8% * Includes capital lease obligations / finance lease liabilities. Note: Numbers may not sum due to rounding. Chevron 14
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