XML 44 R32.htm IDEA: XBRL DOCUMENT
v3.25.1

Information Relating to the Consolidated Statement of Cash Flows (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2025
Supplemental Cash Flow Elements [Abstract] |
Schedule of Information Relating to Consolidated Statement of Cash Flows |
| Three Months Ended March 31
| 2025 |  | 2024
| (Millions of dollars)
Distributions more (less) than income from equity affiliates included the following: |  |
Distributions from equity affiliates | $ | 1,088 |  |  | $ | 736 |
(Income) loss from equity affiliates | (820) |  |  | (1,441) |
Distributions more (less) than income from equity affiliates | $ | 268 |  |  | $ | (705) |
Net decrease (increase) in operating working capital was composed of the following:
Decrease (increase) in accounts and notes receivable | $ | 1,137 |  |  | $ | (606) |
Decrease (increase) in inventories | (201) |  |  | (1,330) |
Decrease (increase) in prepaid expenses and other current assets | (769) |  |  | 255 |
Increase (decrease) in accounts payable and accrued liabilities | (1,307) |  |  | 538 |
Increase (decrease) in income and other taxes payable | (1,268) |  |  | (1) |
Net decrease (increase) in operating working capital | $ | (2,408) |  |  | $ | (1,144) |
Net cash provided by operating activities included the following cash payments:
Interest on debt (net of capitalized interest) | $ | 124 |  |  | $ | 56 |
Income taxes | 2,552 |  |  | 1,428 |
Proceeds and deposits related to asset sales and returns of investment consisted of the following gross amounts: |  |  |
Proceeds and deposits related to asset sales | $ | 593 |  |  | $ | 52 |
Returns of investment from equity affiliates | 7 |  |  | 52 |
Proceeds and deposits related to asset sales and returns of investment | $ | 600 |  |  | $ | 104 |
Net maturities of (investments in) time deposits consisted of the following gross amounts:
Investments in time deposits | $ | (4) |  |  | $ | — |
Maturities of time deposits | 4 |  |  | — |
Net maturities of (investments in) time deposits | $ | — |  |  | $ | — |
Net sales (purchases) of marketable securities consisted of the following gross amounts:
Marketable securities purchased | $ | — |  |  | $ | — |
Marketable securities sold | — |  |  | 45 |
Net sales (purchases) of marketable securities | $ | — |  |  | $ | 45 |
Net repayment (borrowing) of loans by equity affiliates consisted of the following gross amounts: |  |  |
Borrowing of loans by equity affiliates | $ | (87) |  |  | $ | (46) |
Repayment of loans by equity affiliates | 21 |  |  | 30 |
Net repayment (borrowing) of loans by equity affiliates | $ | (66) |  |  | $ | (16) |
Net borrowings (repayments) of short-term obligations consisted of the following gross and net amounts: |  |  |
Proceeds from issuances of short-term debt obligations | $ | 2,317 |  |  | $ | — |
Repayments of short-term debt obligations | (1,933) |  |  | — |
Net borrowings (repayments) of short-term debt obligations with three months or less maturity | (784) |  |  | 1,836 |
Net borrowings (repayments) of short-term obligations | $ | (400) |  |  | $ | 1,836 |
Net contributions from (distributions to) noncontrolling interests consisted of the following gross amounts: |  |  |
Distributions to noncontrolling interests | $ | (15) |  |  | $ | (3) |
Contributions from noncontrolling interests | 4 |  |  | 7 |
Net contributions from (distributions to) noncontrolling interests | $ | (11) |  |  | $ | 4 |
Net sales (purchases) of treasury shares consisted of the following gross and net amounts: |  |  |
Shares issued for share-based compensation plans | $ | 218 |  |  | $ | 87 |
Shares purchased under share repurchase and executive compensation plans | (3,917) |  |  | (2,978) |
Net sales (purchases) of treasury shares | $ | (3,699) |  |  | $ | (2,891) |
Schedule of Capital expenditures | The components of “Capital expenditures” are presented in the following table:
| Three Months Ended March 31
| 2025 |  | 2024
| (Millions of dollars)
Additions to properties, plant and equipment | $ | 3,761 |  |  | $ | 3,864 |
Additions to investments | 60 |  |  | 199 |
Current-year dry hole expenditures | 106 |  |  | 28 |
Payments for other assets and liabilities, net | — |  |  | (2) |
Capital expenditures | $ | 3,927 |  |  | $ | 4,089 |
Schedule of Cash and Cash Equivalents | The table below quantifies the beginning and ending balances of restricted cash and restricted cash equivalents in the Consolidated Balance Sheet:
| At March 31 |  | At December 31
| 2025 |  | 2024 |  | 2024 |  | 2023
| (Millions of dollars) |  | (Millions of dollars)
Cash and cash equivalents | $ | 4,638 |  |  | $ | 6,278 |  |  | $ | 6,781 |  |  | $ | 8,178 |
Restricted cash included in “Prepaid expenses and other current assets” | 325 |  |  | 127 |  |  | 281 |  |  | 275 |
Restricted cash included in “Deferred charges and other assets” | 1,203 |  |  | 807 |  |  | 1,200 |  |  | 822 |
Total cash, cash equivalents and restricted cash | $ | 6,166 |  |  | $ | 7,212 |  |  | $ | 8,262 |  |  | $ | 9,275 |
Schedule of Restrictions on Cash and Cash Equivalents | The table below quantifies the beginning and ending balances of restricted cash and restricted cash equivalents in the Consolidated Balance Sheet:
| At March 31 |  | At December 31
| 2025 |  | 2024 |  | 2024 |  | 2023
| (Millions of dollars) |  | (Millions of dollars)
Cash and cash equivalents | $ | 4,638 |  |  | $ | 6,278 |  |  | $ | 6,781 |  |  | $ | 8,178 |
Restricted cash included in “Prepaid expenses and other current assets” | 325 |  |  | 127 |  |  | 281 |  |  | 275 |
Restricted cash included in “Deferred charges and other assets” | 1,203 |  |  | 807 |  |  | 1,200 |  |  | 822 |
Total cash, cash equivalents and restricted cash | $ | 6,166 |  |  | $ | 7,212 |  |  | $ | 8,262 |  |  | $ | 9,275 |

X
- Definition Capital expenditures. + References No definition available. + Details
Name: | cvx_CapitalExpendituresTableTextBlock
Namespace Prefix: | cvx_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of cash and cash equivalents. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCashAndCashEquivalentsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of supplemental cash flow information for the periods presented. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCashFlowSupplementalDisclosuresTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of cash and cash equivalents restricted as to withdrawal or usage. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(2)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478777/944-210-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 942 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(1)(a)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478546/942-210-S99-1 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 8 -SubTopic 10 -Topic 230 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482913/230-10-50-8 + Details
Name: | us-gaap_ScheduleOfRestrictedCashAndCashEquivalentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SupplementalCashFlowElementsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration