Consolidated Balance Sheet (USD $) In Millions, unless otherwise specified	Dec. 31, 2012		Dec. 31, 2011
Assets
Cash and cash equivalents	$ 20,939		$ 15,864
Time deposits	708		3,958
Marketable securities	266		249
Accounts and notes receivable (less allowance: 2012 - $80; 2011 - $98)	20,997		21,793
Inventories:
Crude oil and petroleum products	3,923		3,420
Chemicals	475		502
Materials, supplies and other	1,746		1,621
Total inventories	6,144		5,543
Prepaid expenses and other current assets	6,666		5,827
Total Current Assets	55,720		53,234
Long-term receivables, net	3,053		2,233
Investments and advances	23,718		22,868
Properties, plant and equipment, at cost	263,481	[1]	233,432	[1]
Less: Accumulated depreciation, depletion and amortization	122,133		110,824
Properties, plant and equipment, at cost	141,348	[1]	122,608	[1]
Deferred charges and other assets	4,503		3,889
Goodwill	4,640		4,642
Total Assets	232,982		209,474
Liabilities and Equity
Short-term debt	127		340
Accounts payable	22,776		22,147
Accrued liabilities	5,738		5,287
Federal and other taxes on income	4,341		4,584
Other taxes payable	1,230		1,242
Total Current Liabilities	34,212		33,600
Long-term debt	11,966		9,684
Capital lease obligations	99		128
Deferred credits and other noncurrent obligations	21,502		19,181
Noncurrent deferred income taxes	17,672		15,544
Reserves for employee benefit plans	9,699		9,156
Total Liabilities	95,150		87,293
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, 2012 and 2011)	1,832		1,832
Capital in excess of par value	15,497		15,156
Retained earnings	159,730		140,399
Accumulated other comprehensive loss	(6,369)		(6,022)
Deferred compensation and benefit plan trust	(282)		(298)
Treasury stock, at cost (2012 - 495,978,691 shares; 2011 - 461,509,656 shares)	(33,884)		(29,685)
Total Chevron Corporation Stockholders' Equity	136,524		121,382
Noncontrolling interests	1,308		799
Total Equity	137,832		122,181
Total Liabilities and Equity	$ 232,982		$ 209,474

[1] Other than the United States, Nigeria and Australia, no other country accounted for 10 percent or more of the company’s net properties, plant and equipment (PP&E) in 2012. Nigeria had PP&E of $17,485, $15,601 and $13,896 for 2012, 2011 and 2010, respectively. Australia had $21,770 and $12,423 in 2012 and 2011, respectively.