CHEVRON CORP

For the period ended Dec 31, 2023. Filed Feb 26, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Feb 26, 2024

CVX$212.61-0.2%Stored close · as of Nov 6, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Statement of Equity

Amounts in millions of dollars
Consolidated Statement of Equity	Financial Table of Contents

Acc. Other · Treasury · Chevron Corp.
Common · Retained · Comprehensive · Stock · Stockholders’ · Noncontrolling · Total
Stock1 · Earnings · Income (Loss) · (at cost) · Equity · Interests · Equity
Balance at December 31, 2020	$18,421		$160,377	$(5,612)	$(41,498)	$131,688	$1,038	$132,726
Treasury stock transactions	315		—	—	—	315	—	315
NBLX acquisition	138		(148)	—	377	367	(321)	46
Net income (loss)	—		15,625	—	—	15,625	64	15,689
Cash dividends ($5.31 per share)	—		(10,179)	—	—	(10,179)	(53)	(10,232)
Stock dividends	—		(3)	—	—	(3)	—	(3)
Other comprehensive income	—		—	1,723	—	1,723	—	1,723
Purchases of treasury shares	—		—	—	(1,383)	(1,383)	—	(1,383)
Issuances of treasury shares	—		—	—	1,040	1,040	—	1,040
Other changes, net	—		(126)	—	—	(126)	145	19
Balance at December 31, 2021	$18,874		$165,546	$(3,889)	$(41,464)	$139,067	$873	$139,940
Treasury stock transactions	63		—	—	—	63	—	63
Net income (loss)	—		35,465	—	—	35,465	143	35,608
Cash dividends ($5.68 per share)	—		(10,968)	—	—	(10,968)	(118)	(11,086)
Stock dividends	—		(3)	—	—	(3)	—	(3)
Other comprehensive income	—		—	1,091	—	1,091	—	1,091
Purchases of treasury shares	—		—	—	(11,255)	(11,255)	—	(11,255)
Issuances of treasury shares	1,315		—	—	4,523	5,838	—	5,838
Other changes, net	—		(16)	—	—	(16)	62	46
Balance at December 31, 2022	$20,252		$190,024	$(2,798)	$(48,196)	$159,282	$960	$160,242
Treasury stock transactions	174		—	—	—	174	—	174
PDC Energy, Inc. acquisition	2,550		—	—	3,970	6,520	—	6,520
Net income (loss)	—		21,369	—	—	21,369	42	21,411
Cash dividends ($6.04 per share)	—		(11,336)	—	—	(11,336)	(54)	(11,390)
Stock dividends	—		(9)	—	—	(9)	—	(9)
Other comprehensive income	—		—	(162)	—	(162)	—	(162)
Purchases of treasury shares2	—		—	—	(15,085)	(15,085)	—	(15,085)
Issuances of treasury shares	17		—	—	246	263	—	263
Other changes, net	(36)		(23)	—	—	(59)	24	(35)
Balance at December 31, 2023	$22,957		$200,025	$(2,960)	$(59,065)	$160,957	$972	$161,929
	Common Stock Share Activity
Issued3 · Treasury · Outstanding
Balance at December 31, 2020		2,442,676,580		(517,490,263)		1,925,186,317
Purchases		—		(13,015,737)		(13,015,737)
Issuances		—		17,635,477		17,635,477
Balance at December 31, 2021		2,442,676,580		(512,870,523)		1,929,806,057
Purchases		—		(69,912,961)		(69,912,961)
Issuances		—		55,323,247		55,323,247
Balance at December 31, 2022		2,442,676,580		(527,460,237)		1,915,216,343
Purchases		—		(92,849,905)		(92,849,905)
Issuances		—		43,281,366		43,281,366
Balance at December 31, 2023		2,442,676,580		(577,028,776)		1,865,647,804
1 Beginning and ending balances for all periods include capital in excess of par, common stock issued at par for $1,832, and $(240) associated with Chevron’s Benefit Plan Trust. Changes reflect capital in excess of par.
2 Includes excise tax on share repurchases.
3 Beginning and ending total issued share balances include 14,168,000 shares associated with Chevron’s Benefit Plan Trust.
See accompanying Notes to the Consolidated Financial Statements.

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.