Retained earnings at December 31, 2007 and 2006, included approximately $7,284 and $5,580, respectively, for the company's share of undistributed earnings of equity affiliates.
At December 31, 2007, about 120 million shares of Chevron's common stock remained available for issuance from the 160 million shares that were reserved for issuance under the Chevron Corporation Long-Term Incentive Plan (LTIP). In addition, approximately 454,000 shares remain available for issuance from the 800,000 shares of the company's common stock that were reserved for awards under the Chevron Corporation Non-Employee Directors' Equity Compensation and Deferral Plan (Non-Employee Directors' Plan).