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CONSOLIDATED BALANCE SHEET (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2020
Dec. 31, 2019
Assets    
Cash and cash equivalents $ 6,855 $ 5,686
Marketable securities 59 63
Accounts and notes receivable, net 8,570 13,325
Inventories:    
Crude oil and petroleum products 3,327 3,722
Chemicals 485 492
Materials, supplies and other 1,699 1,634
Total inventories 5,511 5,848
Prepaid expenses and other current assets 2,737 3,407
Total Current Assets 23,732 28,329
Long-term receivables, net 812 1,511
Investments and advances 37,290 38,688
Properties, plant and equipment, at cost 323,522 326,722
Less: Accumulated depreciation, depletion and amortization 179,672 176,228
Properties, plant and equipment, net 143,850 150,494
Deferred charges and other assets 11,511 10,532
Goodwill 4,416 4,463
Assets held for sale 1,792 3,411
Total Assets 223,403 237,428
Liabilities and Equity    
Short-term debt 3,751 3,282
Accounts payable 8,250 14,103
Accrued liabilities 7,405 6,589
Federal and other taxes on income 628 1,554
Other taxes payable 791 1,002
Total Current Liabilities 20,825 26,530
Long-term debt 30,302 23,691
Deferred credits and other noncurrent obligations 19,291 20,445
Noncurrent deferred income taxes 11,110 13,688
Noncurrent employee benefit plans 7,489 7,866
Total Liabilities [1] 89,017 92,220
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 June 30, 2020 and December 31, 2019) 1,832 1,832
Capital in excess of par value 17,297 17,265
Retained earnings 166,122 174,945
Accumulated other comprehensive losses (4,750) (4,990)
Deferred compensation and benefit plan trust (240) (240)
Treasury stock, at cost (575,408,748 and 560,508,479 shares at June 30, 2020 and December 31, 2019, respectively) (46,143) (44,599)
Total Chevron Corporation Stockholders’ Equity 134,118 144,213
Noncontrolling interests 268 995
Total Equity 134,386 145,208
Total Liabilities and Equity $ 223,403 $ 237,428
[1] Refer to Note 13, "Other Contingencies and Commitments" beginning on page 18.