Chevron 2014 Annual Report Download - page 58

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Notes to the Consolidated Financial Statements
Millions of dollars, except per-share amounts
Taxes Other Than on Income
Year ended December 31
2014 2013 2012
United States
Excise and similar taxes on products and merchandise $ 4,633 $ 4,792 $ 4,665
Import duties and other levies 641
Property and other miscellaneous taxes 1,002 1,036 782
Payroll taxes 273 255 240
Taxes on production 349 333 328
Total United States 6,263 6,420 6,016
International
Excise and similar taxes on products and merchandise 3,553 3,700 3,345
Import duties and other levies 45 41 106
Property and other miscellaneous taxes 2,277 2,486 2,501
Payroll taxes 172 168 160
Taxes on production 230 248 248
Total International 6,277 6,643 6,360
Total taxes other than on income $ 12,540 $ 13,063 $ 12,376
Note 17
Long-Term Debt
Total long-term debt, excluding capital leases, at December 31, 2014, was $23,960. The company’s long-term debt
outstanding at year-end 2014 and 2013 was as follows:
At December 31
2014 2013
3.191% notes due 2023 $ 2,250 $ 2,250
1.104% notes due 2017 2,000 2,000
1.718% notes due 2018 2,000 2,000
2.355% notes due 2022 2,000 2,000
4.95% notes due 2019 1,500 1,500
1.345% notes due 2017 1,100 —
2.427% notes due 2020 1,000 1,000
2.193% notes due 2019 750 —
0.889% notes due 2016 750 750
Floating rate notes due 2016 (0.332%)1700 —
Floating rate notes due 2017 (0.402%)1650 —
Floating rate notes due 2019 (0.642%)1400 —
Floating rate notes due 2021 (0.762%)1400 —
8.625% debentures due 2032 147 147
8.625% debentures due 2031 107 107
8.0% debentures due 2032 74 74
9.75% debentures due 2020 54 54
8.875% debentures due 2021 40 40
Medium-term notes, maturing from 2021 to 2038 (5.83%)238 38
Total including debt due within one year 15,960 11,960
Debt due within one year ——
Reclassified from short-term debt 8,000 8,000
Total long-term debt $ 23,960 $ 19,960
1Interest rate at December 31, 2014.
2Weighted-average interest rate at December 31, 2014.
Chevron has an automatic shelf registration statement that expires in 2015. This registration statement is for an unspecified
amount of nonconvertible debt securities issued or guaranteed by the company.
Long-term debt of $15,960 matures as follows: 2015 – $0; 2016 – $1,450; 2017 – $3,750; 2018 – $2,000; 2019 – $2,650; and
after 2019 – $6,110.
In November 2014, $4,000 of Chevron Corporation bonds were issued.
See Note 9, beginning on page 42, for information concerning the fair value of the company’s long-term debt.
56 Chevron Corporation 2014 Annual Report