Chevron 2009 Annual Report Download - page 38

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FS-PB
36 Chevron Corporation 2009 Annual Report
Consolidated Balance Sheet
Millions of dollars, except per-share amounts
At December 31
2009 2008
Assets
Cash and cash equivalents $ 8,716 $ 9,347
Marketable securities 106 213
Accounts and notes receivable (less allowance: 2009 – $228; 2008 – $246) 17,703 15,856
Inventories:
Crude oil and petroleum products 3,680 5,175
Chemicals 383 459
Materials, supplies and other 1,466 1,220
Total inventories 5,529 6,854
Prepaid expenses and other current assets 5,162 4,200
Total Current Assets 37,216 36,470
Long-term receivables, net 2,282 2,413
Investments and advances 21,158 20,920
Properties, plant and equipment, at cost 188,288 173,299
Less: Accumulated depreciation, depletion and amortization 91,820 81,519
Properties, plant and equipment, net 96,468 91,780
Deferred charges and other assets 2,879 4,711
Goodwill 4,618 4,619
Assets held for sale – 252
Total A ssets $ 164,621 $ 161,165
Liabilities and Equity
Short-term debt $ 384 $ 2,818
Accounts payable 16,437 16,580
Accrued liabilities 5,375 8,077
Federal and other taxes on income 2,624 3,079
Other taxes payable 1,391 1,469
Total Current Liabilities 26,211 32,023
Long-term debt 9,829 5,742
Capital lease obligations 301 341
Deferred credits and other noncurrent obligations 17,390 17,678
Noncurrent deferred income taxes 11,521 11,539
Reserves for employee benefit plans 6,808 6,725
Total Liabilities 72,060 74,048
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, 2009 and 2008) 1,832 1,832
Capital in excess of par value 14,631 14,448
Retained earnings 106,289 101,102
Accumulated other comprehensive loss (4,321) (3,924)
Deferred compensation and benefit plan trust (349) (434)
Treasury stock, at cost (2009 – 434,954,774 shares; 2008 – 438,444,795 shares) (26,168) (26,376)
Total Chevron Corporation Stockholders’ Equity 91,914 86,648
Noncontrolling interests 647 469
Total E quit y 92,561 8 7,117
Total Liabilities and Equity $ 164,621 $ 161,165
See accompanying Notes to the Consolidated Financial Statements.