Chevron 2005 Annual Report Download - page 57
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At December 31
2005 2004
ASSETS
Cash and cash equivalents $ 10,043 $ 9,291
Marketable securities 1,101 1,451
Accounts and notes receivable (less allowance: 2005 – $156; 2004 – $174) 17,184 12,429
Inventories:
Crude oil and petroleum products 3,182 2,324
Chemicals 245 173
Materials, supplies and other 694 486
Total inventories 4,121 2,983
Prepaid expenses and other current assets 1,887 2,349
TOTAL CURRENT ASSETS 34,336 28,503
Long-term receivables, net 1,686 1,419
Investments and advances 17,057 14,389
Properties, plant and equipment, at cost 127,446 103,954
Less: Accumulated depreciation, depletion and amortization 63,756 59,496
Properties, plant and equipment, net 63,690 44,458
Deferred charges and other assets 4,428 4,277
Goodwill 4,636 –
Assets held for sale – 162
TOTAL ASSETS $ 125,833 $ 93,208
LIABILITIES AND STOCKHOLDERS’ EQUITY
Short-term debt $ 739 $ 816
Accounts payable 16,074 10,747
Accrued liabilities 3,690 3,410
Federal and other taxes on income 3,127 2,502
Other taxes payable 1,381 1,320
TOTAL CURRENT LIABILITIES 25,011 18,795
Long-term debt 11,807 10,217
Capital lease obligations 324 239
Deferred credits and other noncurrent obligations 10,507 7,942
Noncurrent deferred income taxes 11,262 7,268
Reserves for employee benefit plans 4,046 3,345
Minority interests 200 172
TOTAL LIABILITIES 63,157 47,978
Preferred stock (authorized 100,000,000 shares, $1.00 par value; none issued) – –
Common stock (authorized 4,000,000,000 shares, $0.75 par value; 2,442,676,580
and 2,274,032,014 shares issued at December 31, 2005 and 2004, respectively) 1,832 1,706
Capital in excess of par value 13,894 4,160
Retained earnings 55,738 45,414
Notes receivable – key employees (3) –
Accumulated other comprehensive loss (429) (319)
Deferred compensation and benefi t plan trust (486) (607)
Treasury stock, at cost (2005 – 209,989,910 shares; 2004 – 166,911,890 shares) (7,870) (5,124)
TOTAL STOCKHOLDERS’ EQUITY 62,676 45,230
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 125,833 $ 93,208
See accompanying Notes to the Consolidated Financial Statements.
CONSOLIDATED BALANCE SHEET
Millions of dollars, except per-share amounts
CHEVRON CORPORATION 2005 ANNUAL REPORT 55