Consolidated Balance Sheet - USD ($) $ in Millions		Dec. 31, 2020	Dec. 31, 2019
Assets
Cash and cash equivalents		$ 5,596	$ 5,686
Marketable securities		31	63
Accounts and notes receivable (less allowance: 2020 - $284; 2019 - $746)		11,471	13,325
Inventories:
Crude oil and petroleum products		3,576	3,722
Chemicals		457	492
Materials, supplies and other		1,643	1,634
Total inventories		5,676	5,848
Prepaid expenses and other current assets		3,304	3,407
Total Current Assets		26,078	28,329
Long-term receivables, net		589	1,511
Investments and advances		39,052	38,688
Properties, plant and equipment, at cost		345,232	326,722
Less: Accumulated depreciation, depletion and amortization		188,614	176,228
Properties, plant and equipment, net		156,618	150,494
Deferred charges and other assets		11,950	10,532
Goodwill		4,402	4,463
Assets held for sale		1,101	3,411
Total Assets		239,790	237,428
Liabilities and Equity
Short-term debt		1,548	3,282
Accounts payable		10,950	14,103
Accrued liabilities		7,812	6,589
Federal and other taxes on income		921	1,554
Other taxes payable		952	1,002
Total Current Liabilities		22,183	26,530
Long-term debt	[1]	42,767	23,691
Deferred credits and other noncurrent obligations		20,328	20,445
Noncurrent deferred income taxes		12,569	13,688
Noncurrent employee benefit plans		9,217	7,866
Total Liabilities	[2]	107,064	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 December 31,2020 and 2019)		1,832	1,832
Capital in excess of par value		16,829	17,265
Retained earnings		160,377	174,945
Accumulated other comprehensive losses		(5,612)	(4,990)
Deferred compensation and benefit plan trust		(240)	(240)
Treasury stock, at cost (2020 - 517,490,263 shares; 2019 - 560,508,479 shares)		(41,498)	(44,599)
Total Chevron Corporation Stockholders’ Equity		131,688	144,213
Noncontrolling interests (2020 includes $120 redeemable noncontrolling interest)		1,038	995
Total Equity		132,726	145,208
Total Liabilities and Equity		$ 239,790	$ 237,428

[1] Includes finance lease liabilities of $447 and $282 at December 31, 2020 and 2019, respectively.

[2] Refer to Note 22, "Other Contingencies and Commitments" beginning on page 92.