CHEVRON CORP
For the period ended Dec 31, 2024. Filed Feb 21, 2025.
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FY2024 · Filed Feb 21, 2025
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 | |
| 2024 · 2023 | ||
|---|---|---|
| Assets | ||
| Cash and cash equivalents | $6,781 | $8,178 |
| Time deposits | 4 | — |
| Marketable securities | — | 45 |
| Accounts and notes receivable (less allowance: 2024 - $259; 2023 - $301) | 20,684 | 19,921 |
| Inventories: | ||
| Crude oil and products | 6,490 | 6,059 |
| Chemicals | 502 | 406 |
| Materials, supplies and other | 2,082 | 2,147 |
| Total inventories | 9,074 | 8,612 |
| Prepaid expenses and other current assets | 4,368 | 4,372 |
| Total Current Assets | 40,911 | 41,128 |
| Long-term receivables, net (less allowances: 2024 - $352; 2023 - $340) | 877 | 942 |
| Investments and advances | 47,438 | 46,812 |
| Properties, plant and equipment, at cost | 345,933 | 346,081 |
| Less: Accumulated depreciation, depletion and amortization | 198,134 | 192,462 |
| Properties, plant and equipment, net | 147,799 | 153,619 |
| Deferred charges and other assets | 14,854 | 13,734 |
| Goodwill | 4,578 | 4,722 |
| Assets held for sale | 481 | 675 |
| Total Assets | $256,938 | $261,632 |
| Liabilities and Equity | ||
| Short-term debt | $4,406 | $529 |
| Accounts payable | 22,079 | 20,423 |
| Accrued liabilities | 8,486 | 7,655 |
| Federal and other taxes on income | 1,872 | 1,863 |
| Other taxes payable | 1,715 | 1,788 |
| Total Current Liabilities | 38,558 | 32,258 |
| Long-term debt1 | 20,135 | 20,307 |
| Deferred credits and other noncurrent obligations | 22,094 | 24,226 |
| Noncurrent deferred income taxes | 19,137 | 18,830 |
| Noncurrent employee benefit plans | 3,857 | 4,082 |
| Total Liabilities2 | $103,781 | $99,703 |
| 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, 2024 and 2023) | 1,832 | 1,832 |
| Capital in excess of par value | 21,671 | 21,365 |
| Retained earnings | 205,852 | 200,025 |
| Accumulated other comprehensive losses | (2,760) | (2,960) |
| Deferred compensation and benefit plan trust | (240) | (240) |
| Treasury stock, at cost (2024 - 673,664,306 shares; 2023 - 577,028,776 shares) | (74,037) | (59,065) |
| Total Chevron Corporation Stockholders’ Equity | 152,318 | 160,957 |
| Noncontrolling interests (includes redeemable noncontrolling interest of $0 and $166 at December 31, 2024 and 2023) | 839 | 972 |
| Total Equity | 153,157 | 161,929 |
| Total Liabilities and Equity | $256,938 | $261,632 |
| 1 Includes finance lease liabilities of $546 and $574 at December 31, 2024 and 2023, respectively. | ||
| 2 Refer to Note 24 Other Contingencies and Commitments. | ||
| See accompanying Notes to the Consolidated Financial Statements. | ||
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