million barrels per day in 2010 were 5 percent lower than in 2009, mainly due to asset sales in certain countries in Africa and Latin America.

     Refer to the “Selected Operating Data” table, on page FS-10, for a three-year comparison of sales volumes of gasoline and other refined products and refinery input volumes.

All Other

     All Other includes mining operations, power generation businesses, worldwide cash management and debt financing activities, corporate administrative functions, insurance operations, real estate activities, energy services, alternative fuels, and technology companies.

     Net charges in 2011 increased $351 million from 2010, mainly due to higher expenses for employee compensation and benefits, and higher net corporate tax expenses.

     Net charges in 2010 increased $209 million from 2009, mainly due to higher expenses for employee compensation and benefits, and higher corporate tax expenses, partly offset by lower provisions for environmental remediation at sites that previously had been closed or sold.

Consolidated Statement of Income

Comparative amounts for certain income statement categories are shown below:

     Sales and other operating revenues increased in 2011, mainly due to higher prices for crude oil and refined products. Higher 2010 prices resulted in increased revenues compared with 2009.

     Income from equity affiliates increased in 2011 from 2010 mainly due to higher upstream-related earnings from Tengizchevroil (TCO) in Kazakhstan as a result of higher prices for crude oil. Downstream-related earnings were also higher between the comparative periods, primarily due to higher earnings from CPChem as a result of higher margins on sales of commodity chemicals.

     Income from equity affiliates increased in 2010 from 2009 largely due to higher upstream-related earnings from TCO in Kazakhstan and Petropiar in Venezuela, principally related to higher prices for crude oil and increased crude oil production. Downstream-related affiliate earnings were also higher between the comparative periods, primarily due to higher earnings from CPChem, as a result of higher margins on sales of commodity chemicals. Improved margins on refined products and a favorable swing in foreign currency effects at GS Caltex in South Korea also contributed to the increase in downstream affiliate earnings in the 2010 period. Refer to Note 12, beginning on page FS-39, for a discussion of Chevron’s investments in affiliated companies.

     Other income of $2.0 billion in 2011 included net gains of approximately $1.5 billion on asset sales. Other income in both 2010 and 2009 included net gains from asset sales of $1.1 billion and $1.3 billion, respectively. Interest income was approximately $145 million in 2011, $120 million in 2010 and $95 million in 2009. Foreign currency effects increased other income by $103 million in 2011, while decreasing other income by $251 million and $466 million in 2010 and 2009, respectively.

     Crude oil and product purchases in 2011 and 2010 increased by $33.5 billion and $16.8 billion from prior years due to higher prices for crude oil, natural gas and refined products.