Chevron Corporation (CVX) financial statements (2021 and earlier)

Company profile

Business Address 6001 BOLLINGER CANYON ROAD
SAN RAMON, CA 94583
State of Incorp. DE
Fiscal Year End December 31
SIC 2911 - Petroleum Refining (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)
Annual | Quarterly

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments639,3954,8227,00111,33213,20716,508
Cash and cash equivalents 9,3424,8136,98811,02212,78516,245
Short-term investments6353913310422263
Restricted cash and investments     1,474 
Receivables13,32515,05015,35314,09212,86016,73621,622
Inventory, net of allowances, customer advances and progress billings5,8485,7045,5855,4196,3346,5056,380
Inventory5,8485,7045,5855,4196,3346,5056,380
Prepaid expense3,4072,9222,8003,1074,8215,7765,732
Other undisclosed current assets5,686950   (1,466)8
Total current assets:28,32934,02128,56029,61935,34742,23250,250
Noncurrent Assets
Finance lease, right-of-use asset329✕✕✕✕✕✕
Operating lease, right-of-use asset4,074✕✕✕✕✕✕
Property, plant and equipment 169,207177,712182,186188,396183,173164,829
Long-term investments and receivables40,19937,48835,34632,73529,52229,72928,335
Long-term investments38,68835,54632,49730,25027,11026,91225,502
Accounts and financing receivable, after allowance for credit loss1,5111,9422,8492,4852,4122,8172,833
Intangible assets, net (including goodwill)4,4634,5184,5314,5814,5884,5934,639
Goodwill4,4634,5184,5314,5814,5884,5934,639
Restricted cash and investments773798     
Disposal group, including discontinued operation, noncurrent assets    1,449 ✕
Deferred income tax assets4,178✕✕✕✕✕✕
Other noncurrent assets10,5326,7667,0176,8386,8016,2995,120
Assets held-for-sale, long lived✕✕✕✕✕✕580
Other undisclosed noncurrent assets144,5511,0656404,119   
Total noncurrent assets:209,099219,842225,246230,459230,756223,794203,503
TOTAL ASSETS:237,428253,863253,806260,078266,103266,026253,753
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities23,24821,44522,54520,94521,53628,13632,644
Accounts payable14,10313,95314,56513,98613,51619,00022,815
Accrued liabilities6,5894,9275,2674,8824,8335,3285,402
Taxes payable2,5562,5652,7132,0773,1873,8084,427
Debt     11,7908,374
Other undisclosed current liabilities3,2825,7265,19210,8404,928(8,000)(8,000)
Total current liabilities:26,53027,17127,73731,78526,46431,92633,018
Noncurrent Liabilities
Long-term debt and lease obligation, including:23,69112733,57135,28633,66424,02820,057
Long-term debt, excluding current maturities  33,47735,19333,58423,96019,960
Finance lease, liability282✕✕✕✕✕✕
Capital lease obligations✕1279493806897
Operating lease, liability2,608✕✕✕✕✕✕
Other undisclosed long-term debt and lease obligation20,801      
Liabilities, other than long-term debt33,14619,61143,17946,28552,08968,12763,727
Deferred revenue and credits✕✕21,10621,55323,46523,54922,982
Pension and other postretirement defined benefit plans, liabilities✕✕✕✕✕✕5,968
Asset retirement obligations11,59212,957   14,24613,476
Deferred tax liabilities, net✕ 14,65217,51620,68921,92021,301
Deferred income tax liabilities13,688✕✕✕✕✕✕
Liability, pension and other postretirement and postemployment benefits7,8666,6547,4217,2167,9358,412✕
Other undisclosed noncurrent liabilities8,85351,312   (14,246)(13,476)
Total noncurrent liabilities:65,69071,05076,75081,57185,75377,90970,308
Total liabilities:92,22098,221104,487113,356112,217109,835103,326
Stockholders' equity
Stockholders' equity attributable to parent, including:144,213154,554148,124145,556152,716155,028149,113
Common stock1,8321,8321,8321,8321,8321,8321,832
Treasury stock, value(44,599)(41,593)(40,833)(41,834)(42,493)(42,733)(38,290)
Additional paid in capital17,26517,11216,84816,59516,33016,04115,713
Deferred employee stock ownership plan, issuance of shares or sale of treasury shares      (240)
Accumulated other comprehensive loss(4,990)(3,544)(3,589)(3,843)(4,291)(4,859)(3,579)
Retained earnings174,945180,987174,106173,046181,578184,987173,677
Other undisclosed stockholders' equity attributable to parent(240)(240)(240)(240)(240)(240) 
Stockholders' equity attributable to noncontrolling interest9951,0881,1951,1661,1701,1631,314
Total stockholders' equity:145,208155,642149,319146,722153,886156,191150,427
TOTAL LIABILITIES AND EQUITY:237,428253,863253,806260,078266,103266,026253,753

Income statement (P&L) ($ in millions)
Annual | Quarterly

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues146,516166,339141,722114,472138,477211,970228,848
Revenue, net✕✕134,674110,215129,925200,508220,181
Cost of revenue(115,452)(121,382)(108,616)(91,680)(106,158)(154,529)(164,445)
Cost of goods and services sold(80,113)(94,578)(75,765)(59,321)(77,110)(127,857)(143,188)
Gross profit:31,06444,95733,10622,79232,31957,44164,403
Operating expenses(25,528)(24,382)(23,885)(24,952)(27,477)(26,239)(28,498)
Operating income (loss):5,53620,5759,221(2,160)4,84231,20235,905
Nonoperating income (expense)(417)(560)   5,159971
Investment income, nonoperating     504(194)
Net periodic defined benefits expense (reversal of expense), excluding service cost component(417)(560)✕✕✕✕✕
Other nonoperating income     4,3781,165
Interest and debt expense(798)(748)(307)(201)   
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes1,2151,308307201 (5,159)(971)
Income (loss) from continuing operations before equity method investments, income taxes:5,53620,5759,221(2,160)4,84231,20235,905
Income from equity method investments     7,0987,527
Income (loss) from continuing operations before income taxes:5,53620,5759,221(2,160)4,84238,30043,432
Income tax expense (benefit)(2,691)(5,715)481,729(132)(11,892)(14,308)
Income (loss) before gain (loss) on sale of properties:2,84514,8609,269(431)4,71026,40829,124
Other undisclosed net loss     (7,098)(7,527)
Net income (loss):2,84514,8609,269(431)4,71019,31021,597
Net income (loss) attributable to noncontrolling interest79(36)(74)(66)(123)(69)(174)
Net income (loss) available to common stockholders, diluted:2,92414,8249,195(497)4,58719,24121,423

Comprehensive Income ($ in millions)
Annual | Quarterly

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income (loss):2,84514,8609,269(431)4,71019,31021,597
Other comprehensive income (loss)(1,446)607254448568(1,280)2,790
Comprehensive income:1,39915,4679,523175,27818,03024,387
Comprehensive income (loss), net of tax, attributable to noncontrolling interest79(36)(74)(66)(123)(69)174
Other undisclosed comprehensive loss, net of tax, attributable to parent      (348)
Comprehensive income (loss), net of tax, attributable to parent:1,47815,4319,449(49)5,15517,96124,213

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: