Retained earnings at December 31, 2008 and 2007, included
approximately $7,951 and $7,284, respectively, for the company's
share of undistributed earnings of equity affiliates.
At December 31, 2008, about 109 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 409,000 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).