Chevron Corporation (CVX) financial statements (2020 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)

9/30/2019
TTM
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 investments11,7559,3954,8227,00111,33213,20716,508
Cash and cash equivalents11,6979,3424,8136,98811,02212,78516,245
Short-term investments5853913310422263
Restricted cash and investments     1,474 
Receivables12,96615,05015,35314,09212,86016,73621,622
Inventory, net of allowances, customer advances and progress billings5,9515,7045,5855,4196,3346,5056,380
Inventory5,9515,7045,5855,4196,3346,5056,380
Prepaid expense3,3162,9222,8003,1074,8215,7765,732
Other undisclosed current assets 950   (1,466)8
Total current assets:33,98834,02128,56029,61935,34742,23250,250
Noncurrent Assets
Property, plant and equipment164,363169,207177,712182,186188,396183,173164,829
Long-term investments and receivables39,91137,48835,34632,73529,52229,72928,335
Long-term investments38,32735,54632,49730,25027,11026,91225,502
Accounts and financing receivable, after allowance for credit loss1,5841,9422,8492,4852,4122,8172,833
Intangible assets, net (including goodwill)4,5074,5184,5314,5814,5884,5934,639
Goodwill4,5074,5184,5314,5814,5884,5934,639
Restricted cash and investments 798     
Disposal group, including discontinued operation, noncurrent assets    1,449 
Other noncurrent assets10,7166,7667,0176,8386,8016,2995,120
Assets held-for-sale, long lived580
Other undisclosed noncurrent assets3,0521,0656404,119   
Total noncurrent assets:222,549219,842225,246230,459230,756223,794203,503
TOTAL ASSETS:256,537253,863253,806260,078266,103266,026253,753
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities22,43821,44522,54520,94521,53628,13632,644
Accounts payable13,23013,95314,56513,98613,51619,00022,815
Accrued liabilities6,5234,9275,2674,8824,8335,3285,402
Taxes payable2,6852,5652,7132,0773,1873,8084,427
Debt7,795    11,7908,374
Other undisclosed current liabilities 5,7265,19210,8404,928(8,000)(8,000)
Total current liabilities:30,23327,17127,73731,78526,46431,92633,018
Noncurrent Liabilities
Long-term debt and lease obligation2,99912733,57135,28633,66424,02820,057
Long-term debt, excluding current maturities  33,47735,19333,58423,96019,960
Finance lease, liability249
Capital lease obligations1279493806897
Operating lease, liability2,750
Liabilities, other than long-term debt22,80119,61143,17946,28552,08968,12763,727
Deferred revenue and credits21,10621,55323,46523,54922,982
Pension and other postretirement defined benefit plans, liabilities5,968
Asset retirement obligations 12,957   14,24613,476
Deferred tax liabilities, net 14,65217,51620,68921,92021,301
Deferred income tax liabilities17,100
Liability, pension and other postretirement and postemployment benefits5,7016,6547,4217,2167,9358,412
Other undisclosed noncurrent liabilities43,61251,312   (14,246)(13,476)
Total noncurrent liabilities:69,41271,05076,75081,57185,75377,90970,308
Total liabilities:99,64598,221104,487113,356112,217109,835103,326
Stockholders' equity
Stockholders' equity attributable to parent, including:155,841154,554148,124145,556152,716155,028149,113
Common stock1,8321,8321,8321,8321,8321,8321,832
Treasury stock, value(43,500)(41,593)(40,833)(41,834)(42,493)(42,733)(38,290)
Additional paid in capital17,23517,11216,84816,59516,33016,04115,713
Deferred employee stock ownership plan, issuance of shares or sale of treasury shares      (240)
Accumulated other comprehensive loss(3,269)(3,544)(3,589)(3,843)(4,291)(4,859)(3,579)
Retained earnings183,783180,987174,106173,046181,578184,987173,677
Other undisclosed stockholders' equity attributable to parent(240)(240)(240)(240)(240)(240) 
Stockholders' equity attributable to noncontrolling interest1,0511,0881,1951,1661,1701,1631,314
Total stockholders' equity:156,892155,642149,319146,722153,886156,191150,427
TOTAL LIABILITIES AND EQUITY:256,537253,863253,806260,078266,103266,026253,753

Income statement (P&L) ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues152,518166,339141,722114,472138,477211,970228,848
Revenue, net134,674110,215129,925200,508220,181
Cost of revenue(108,542)(121,382)(108,616)(91,680)(106,158)(154,529)(164,445)
Cost of goods and services sold(84,340)(94,578)(75,765)(59,321)(77,110)(127,857)(143,188)
Gross profit:43,97644,95733,10622,79232,31957,44164,403
Operating expenses(25,137)(24,382)(23,885)(24,952)(27,477)(26,239)(28,498)
Operating income (loss):18,83920,5759,221(2,160)4,84231,20235,905
Nonoperating income (expense)(535)(560)   5,159971
Investment income, nonoperating     504(194)
Net periodic defined benefits expense (reversal of expense), excluding service cost component(535)(560)
Other nonoperating income     4,3781,165
Interest and debt expense(810)(748)(307)(201)   
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes1,3451,308307201 (5,159)(971)
Income (loss) from continuing operations before equity method investments, income taxes:18,83920,5759,221(2,160)4,84231,20235,905
Income from equity method investments     7,0987,527
Income (loss) from continuing operations before income taxes:18,83920,5759,221(2,160)4,84238,30043,432
Income tax expense (benefit)(5,604)(5,715)481,729(132)(11,892)(14,308)
Income (loss) before gain (loss) on sale of properties:13,23514,8609,269(431)4,71026,40829,124
Other undisclosed net loss     (7,098)(7,527)
Net income (loss):13,23514,8609,269(431)4,71019,31021,597
Net income (loss) attributable to noncontrolling interest29(36)(74)(66)(123)(69)(174)
Net income (loss) available to common stockholders, diluted:13,26414,8249,195(497)4,58719,24121,423

Comprehensive Income ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income (loss):13,23514,8609,269(431)4,71019,31021,597
Other comprehensive income (loss)558607254448568(1,280)2,790
Comprehensive income:13,79315,4679,523175,27818,03024,387
Comprehensive income (loss), net of tax, attributable to noncontrolling interest29(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:13,82215,4319,449(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.

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