Consolidated Balance Sheet (Unaudited) (USD $) In Millions, unless otherwise specified	Jun. 30, 2012	Dec. 31, 2011
ASSETS
Cash and cash equivalents	$ 21,209	$ 15,864
Time deposits	8	3,958
Marketable securities	246	249
Accounts and notes receivable, net	20,711	21,793
Inventories:
Crude oil and petroleum products	5,058	3,420
Chemicals	480	502
Materials, supplies and other	1,648	1,621
Total inventories	7,186	5,543
Prepaid expenses and other current assets	6,648	5,827
Total Current Assets	56,008	53,234
Long-term receivables, net	2,360	2,233
Investments and advances	23,073	22,868
Properties, plant and equipment, at cost	246,076	233,432
Less: Accumulated depreciation, depletion and amortization	117,029	110,824
Properties, plant and equipment, net	129,047	122,608
Deferred charges and other assets	4,250	3,889
Goodwill	4,641	4,642
Total Assets	219,379	209,474
LIABILITIES AND EQUITY
Short-term debt	359	340
Accounts payable	21,958	22,147
Accrued liabilities	5,127	5,287
Federal and other taxes on income	3,975	4,584
Other taxes payable	1,237	1,242
Total Current Liabilities	32,656	33,600
Long-term debt	9,765	9,684
Capital lease obligations	107	128
Deferred credits and other noncurrent obligations	20,204	19,181
Noncurrent deferred income taxes	16,677	15,544
Reserves for employee benefit plans	8,681	9,156
Total Liabilities	88,090	87,293
Preferred stock (authorized 100,000,000 shares, $1.00 par value, none issued)
Common stock (authorized 6,000,000,000 shares, $.75 par value, 2,442,676,580 shares issued at June 30, 2012 and December 31, 2011)	1,832	1,832
Capital in excess of par value	15,322	15,156
Retained earnings	150,728	140,399
Accumulated other comprehensive loss	(5,732)	(6,022)
Deferred compensation and benefit plan trust	(282)	(298)
Treasury stock, at cost (480,536,580 and 461,509,656 shares at June 30, 2012, and December 31, 2011, respectively)	(31,871)	(29,685)
Total Chevron Corporation Stockholders' Equity	129,997	121,382
Noncontrolling interests	1,292	799
Total Equity	131,289	122,181
Total Liabilities and Equity	$ 219,379	$ 209,474