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CONSOLIDATED BALANCE SHEET (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2023
Dec. 31, 2022
Assets    
Cash and cash equivalents $ 15,668 $ 17,678
Marketable securities 130 223
Accounts and notes receivable (less allowance: 2023 - $447; 2022 - $457) 19,021 20,456
Inventories:    
Crude oil and products 6,268 5,866
Chemicals 553 515
Materials, supplies and other 2,411 1,866
Total inventories 9,232 8,247
Prepaid expenses and other current assets 4,300 3,739
Total Current Assets 48,351 50,343
Long-term receivables (less allowance: 2023 - $504; 2022 - $552) 1,036 1,069
Investments and advances 46,248 45,238
Properties, plant and equipment, at cost 330,409 327,785
Less: Accumulated depreciation, depletion and amortization 187,458 184,194
Properties, plant and equipment, net 142,951 143,591
Deferred charges and other assets 12,146 12,310
Goodwill 4,722 4,722
Assets held for sale 432 436
Total Assets 255,886 257,709
Liabilities and Equity    
Short-term debt 2,931 1,964
Accounts payable 17,942 18,955
Accrued liabilities 6,658 7,486
Federal and other taxes on income 4,883 4,381
Other taxes payable 1,321 1,422
Total Current Liabilities 33,735 34,208
Long-term debt 20,275 21,375
Deferred credits and other noncurrent obligations 19,606 20,396
Noncurrent deferred income taxes 17,736 17,131
Noncurrent employee benefit plans 4,100 4,357
Total Liabilities [1] 95,452 97,467
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 March 31, 2023 and December 31, 2022) 1,832 1,832
Capital in excess of par value 18,714 18,660
Retained earnings 193,738 190,024
Accumulated other comprehensive losses (2,741) (2,798)
Deferred compensation and benefit plan trust (240) (240)
Treasury stock, at cost (548,461,316 and 527,460,237 shares at March 31, 2023 and December 31, 2022, respectively) (51,854) (48,196)
Total Chevron Corporation Stockholders’ Equity 159,449 159,282
Noncontrolling interests (includes redeemable noncontrolling interest of $145 and $142 at March 31, 2023 and December 31, 2022) 985 960
Total Equity 160,434 160,242
Total Liabilities and Equity $ 255,886 $ 257,709
[1] * Refer to Note 11 Other Contingencies and Commitments.