CHEVRON CORP
For the period ended Dec 31, 2023. Filed Feb 26, 2024.
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FY2023 · Filed Feb 26, 2024
CVX$210.78-0.9%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheet
| Consolidated Balance Sheet | Financial Table of Contents |
|---|---|
| Millions of dollars, except per-share amounts | |
| 2023 · 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 debt1 | 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 Liabilities2 | $99,703 | $97,467 |
| Preferred stock (authorized 100,000,000 shares; $1.00 par value; none issued) | — | — |
| 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. | ||
| See accompanying Notes to the Consolidated Financial Statements. | ||
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