Chevron Corp. (CVX)

Statement of Financial Position, Assets
Quarterly Data

Difficulty: Beginner

Annual Data

Quarterly Data

The statement of financial position provides creditors, investors, and analysts with information on company's resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company's assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Chevron Corp., Consolidated Statement of Financial Position, Assets (quarterly data)

USD $ in millions

		Sep 30, 2018		Jun 30, 2018		Mar 31, 2018		Dec 31, 2017		Sep 30, 2017		Jun 30, 2017		Mar 31, 2017		Dec 31, 2016		Sep 30, 2016		Jun 30, 2016		Mar 31, 2016		Dec 31, 2015		Sep 30, 2015		Jun 30, 2015		Mar 31, 2015		Dec 31, 2014		Sep 30, 2014		Jun 30, 2014		Mar 31, 2014		Dec 31, 2013		Sep 30, 2013		Jun 30, 2013		Mar 31, 2013
	Cash and cash equivalents
	Time deposits
	Marketable securities
	Accounts and notes receivable, net
	Crude oil and petroleum products
	Chemicals
	Materials, supplies and other
	Inventories
	Prepaid expenses and other current assets
	Current assets
	Long-term receivables, net
	Investments and advances
	Properties, plant and equipment, at cost
	Accumulated depreciation, depletion and amortization
	Properties, plant and equipment, net
	Deferred charges and other assets
	Goodwill
	Assets held for sale
	Noncurrent assets
	Total assets

Assets, Selected Items

Item	Description	The company
Current assets	Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.	Chevron Corp.'s current assets increased from 2018 to 2018 and from 2018 to 2018.
Properties, plant and equipment, net	Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures.	Chevron Corp.'s properties, plant and equipment, net declined from 2018 to 2018 and from 2018 to 2018.
Noncurrent assets	Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer.	Chevron Corp.'s noncurrent assets declined from 2018 to 2018 and from 2018 to 2018.
Total assets	Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.	Chevron Corp.'s total assets increased from 2018 to 2018 but then slightly declined from 2018 to 2018 not reaching 2018 level.

Current Assets

Item	Description	The company
Cash and cash equivalents	Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.	Chevron Corp.'s cash and cash equivalents increased from 2018 to 2018 and from 2018 to 2018.
Marketable securities	Amount of investment in marketable security, classified as current.	Chevron Corp.'s marketable securities increased from 2018 to 2018 and from 2018 to 2018.
Accounts and notes receivable, net	The aggregate of amounts due from customers or clients, within one year of the balance sheet date (or one operating cycle, if longer), for goods or services that have been delivered or sold in the normal course of business and an amount representing an agreement for an unconditional promise by the maker to pay the entity (holder) a definite sum of money at a future date within one year of the balance sheet, reduced to their estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection and net of any write-downs taken for collection uncertainty on the part of the holder, respectively.	Chevron Corp.'s accounts and notes receivable, net increased from 2018 to 2018 and from 2018 to 2018.
Inventories	Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer.	Chevron Corp.'s inventories increased from 2018 to 2018 but then declined significantly from 2018 to 2018.

	Chevron Corp.	Other companies (not purchased previously)
Financial Statements
Common-Size Financial Statements
Ratios
Relative Valuation
Discounted Cash Flow (DCF) Valuation
Economic Value Added (EVA)
Long-term Trends
Analysis
Financial Reporting Quality

	All companies
Financial Statements
Common-Size Financial Statements
Ratios
Relative Valuation
Discounted Cash Flow (DCF) Valuation
Economic Value Added (EVA)
Long-term Trends
Analysis
Financial Reporting Quality

Chevron Corp. (CVX)

Statement of Financial Position, AssetsQuarterly Data

Assets, Selected Items

Current Assets

Statement of Financial Position, Assets
Quarterly Data