CHEVRON CORP
For the period ended Dec 31, 2025. Filed Feb 24, 2026.
View on SEC.govAbout 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.
FY2025 · Filed Feb 24, 2026
CVX$211.22+0.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheet
| Consolidated Balance Sheet | Financial Table of Contents |
|---|---|
| Millions of dollars, except per-share amounts | |
| 2025 · 2024 | ||
|---|---|---|
| Assets | ||
| Cash and cash equivalents | $6,293 | $6,781 |
| Time deposits | 4 | 4 |
| Marketable securities | — | — |
| Accounts and notes receivable (less allowance: 2025 - $176; 2024 - $259) | 18,075 | 20,684 |
| Inventories: | ||
| Crude oil and products | 6,640 | 6,490 |
| Chemicals | 571 | 502 |
| Materials, supplies and other | 2,500 | 2,082 |
| Total inventories | 9,711 | 9,074 |
| Prepaid expenses and other current assets | 4,469 | 4,368 |
| Total Current Assets | 38,552 | 40,911 |
| Long-term receivables, net (less allowances: 2025 - $216; 2024 - $352) | 1,035 | 877 |
| Investments and advances | 43,867 | 47,438 |
| Properties, plant and equipment, at cost | 434,955 | 345,933 |
| Less: Accumulated depreciation, depletion and amortization | 215,226 | 198,134 |
| Properties, plant and equipment, net | 219,729 | 147,799 |
| Deferred charges and other assets | 16,236 | 14,854 |
| Goodwill | 4,568 | 4,578 |
| Assets held for sale | 25 | 481 |
| Total Assets | $324,012 | $256,938 |
| Liabilities and Equity | ||
| Short-term debt | $977 | $4,406 |
| Accounts payable | 19,280 | 22,079 |
| Accrued liabilities | 10,763 | 8,486 |
| Federal and other taxes on income | 844 | 1,872 |
| Other taxes payable | 1,523 | 1,715 |
| Total Current Liabilities | 33,387 | 38,558 |
| Long-term debt1 | 39,781 | 20,135 |
| Deferred credits and other noncurrent obligations | 24,543 | 22,094 |
| Noncurrent deferred income taxes | 30,014 | 19,137 |
| Noncurrent employee benefit plans | 4,111 | 3,857 |
| Total Liabilities2 | $131,836 | $103,781 |
| 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, 2025 and 2024) | 1,832 | 1,832 |
| Capital in excess of par value | 33,886 | 21,671 |
| Retained earnings | 205,365 | 205,852 |
| Accumulated other comprehensive losses | (2,464) | (2,760) |
| Deferred compensation and benefit plan trust | (240) | (240) |
| Treasury stock, at cost (2025 - 448,260,458 shares; 2024 - 673,664,306 shares) | (51,929) | (74,037) |
| Total Chevron Corporation Stockholders’ Equity | 186,450 | 152,318 |
| Noncontrolling interests | 5,726 | 839 |
| Total Equity | 192,176 | 153,157 |
| Total Liabilities and Equity | $324,012 | $256,938 |
| 1 Includes finance lease liabilities of $659 and $546 at December 31, 2025 and 2024, respectively. | ||
| 2 Refer to Note 24 Other Contingencies and Commitments. | ||
| See accompanying Notes to the Consolidated Financial Statements. | ||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.