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Consolidated Balance Sheet - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Assets    
Cash and cash equivalents $ 6,781 $ 8,178
Time deposits 4 0
Marketable securities 0 45
Accounts and notes receivable (less allowance: 2024 - $259; 2023 - $301) 20,684 19,921
Inventories:    
Crude oil and products 6,490 6,059
Chemicals 502 406
Materials, supplies and other 2,082 2,147
Total inventories 9,074 8,612
Prepaid expenses and other current assets 4,368 4,372
Total Current Assets 40,911 41,128
Long-term receivables, net (less allowances: 2024 - $352; 2023 - $340) 877 942
Investments and advances 47,438 46,812
Properties, plant and equipment, at cost 345,933 346,081
Less: Accumulated depreciation, depletion and amortization 198,134 192,462
Properties, plant and equipment, net 147,799 153,619
Deferred charges and other assets 14,854 13,734
Goodwill 4,578 4,722
Assets held for sale 481 675
Total Assets 256,938 261,632
Liabilities and Equity    
Short-term debt 4,406 529
Accounts payable 22,079 20,423
Accrued liabilities 8,486 7,655
Federal and other taxes on income 1,872 1,863
Other taxes payable 1,715 1,788
Total Current Liabilities 38,558 32,258
Long-term debt [1] 20,135 20,307
Deferred credits and other noncurrent obligations 22,094 24,226
Noncurrent deferred income taxes 19,137 18,830
Noncurrent employee benefit plans 3,857 4,082
Total Liabilities [2] 103,781 99,703
Preferred stock (authorized 100,000,000 shares; $1.00 par value; none issued) 0 0
Common stock (authorized 6,000,000,000 shares; $0.75 par value; 2,442,676,580 shares issued at December 31, 2024 and 2023) 1,832 1,832
Capital in excess of par value 21,671 21,365
Retained earnings 205,852 200,025
Accumulated other comprehensive losses (2,760) (2,960)
Deferred compensation and benefit plan trust (240) (240)
Treasury stock, at cost (2024 - 673,664,306 shares; 2023 - 577,028,776 shares) (74,037) (59,065)
Total Chevron Corporation Stockholders’ Equity 152,318 160,957
Noncontrolling interests (includes redeemable noncontrolling interest of $0 and $166 at December 31, 2024 and 2023) 839 972
Total Equity 153,157 161,929
Total Liabilities and Equity $ 256,938 $ 261,632
[1]
1 Includes finance lease liabilities of $546 and $574 at December 31, 2024 and 2023, respectively.
[2]