XML 213 R4.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Consolidated Balance Sheet - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Assets    
Cash and cash equivalents $ 8,178 $ 17,678
Marketable securities 45 223
Accounts and notes receivable (less allowance: 2023 - $301; 2022 - $457) 19,921 20,456
Inventories:    
Crude oil and products 6,059 5,866
Chemicals 406 515
Materials, supplies and other 2,147 1,866
Total inventories 8,612 8,247
Prepaid expenses and other current assets 4,372 3,739
Total Current Assets 41,128 50,343
Long-term receivables, net (less allowances: 2023 - $340; 2022 - $552) 942 1,069
Investments and advances 46,812 45,238
Properties, plant and equipment, at cost 346,081 327,785
Less: Accumulated depreciation, depletion and amortization 192,462 184,194
Properties, plant and equipment, net 153,619 143,591
Deferred charges and other assets 13,734 12,310
Goodwill 4,722 4,722
Assets held for sale 675 436
Total Assets 261,632 257,709
Liabilities and Equity    
Short-term debt 529 1,964
Accounts payable 20,423 18,955
Accrued liabilities 7,655 7,486
Federal and other taxes on income 1,863 4,381
Other taxes payable 1,788 1,422
Total Current Liabilities 32,258 34,208
Long-term debt [1] 20,307 21,375
Deferred credits and other noncurrent obligations 24,226 20,396
Noncurrent deferred income taxes 18,830 17,131
Noncurrent employee benefit plans 4,082 4,357
Total Liabilities [2] 99,703 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 December 31, 2023 and 2022) 1,832 1,832
Capital in excess of par value 21,365 18,660
Retained earnings 200,025 190,024
Accumulated other comprehensive losses (2,960) (2,798)
Deferred compensation and benefit plan trust (240) (240)
Treasury stock, at cost (2023 - 577,028,776 shares; 2022 - 527,460,237 shares) (59,065) (48,196)
Total Chevron Corporation Stockholders' Equity 160,957 159,282
Noncontrolling interests (includes redeemable noncontrolling interest of $166 and $142 at December 31, 2023 and 2022) 972 960
Total Equity 161,929 160,242
Total Liabilities and Equity $ 261,632 $ 257,709
[1] Includes finance lease liabilities of $574 and $403 at December 31, 2023 and 2022, respectively.
[2] Refer to Note 24 Other Contingencies and Commitments.