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Net income

operating incomg

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Consolidated Balance Sheet - USD ($) $ in Millions
Dec. 31, 2018
increase or decrease %
Assets
Cash and cash equivalents
$ 9,342
3.68%
Time deposits
950
Marketable securities
0.37%
Accounts and notes receivable (less allowance: 2018 - $869; 2017 - $490)
15,050
0.02%
Inventories:
5.93%
Crude oil and petroleum products
3,383
Chemicals
1.33%
487
10
Materials, supplies and other
1,834
0.19%
5,704
0.72%
11
Total inventories
2.25%
12
Prepaid expenses and other current assets
2,922
13
Total Current Assets
34,02:
1.15%
Long-term receivables, net
1,942
13.40%
0.76%
15
Investments and advances
35,546
14.00%
Properties, plant and equipment, at cost
340,244
Less: Accumulated depreciation, depletion and amortization
171,037
134.03%
Properties, plant and equipment, net
169,207
$7.37%
6,766
6.65%
Deferred charges and other assets
2.67%
Goodwill
4,518
Assets held for sale
1,863
1.78%
Total Assets
253,863
0.73%
22
Liabilities and Equity
100.00%
Short-term deb
5,726
25
Accounts payable
2.26%
13,953
26
Accrued liabilities
4,927
5.50%
Federal and other taxes on income
1,628
1.94%%
0.64%
28
Other taxes payable
937
0.37%
29
Total Current Liabilities
27,171
30
Long-term debt
[1]
10.70%
28,733
Deferred credits and other noncurrent obligations
19,742
11.32%
7.78%
32
Noncurrent deferred income taxes
15,921
33
Noncurrent employee benefit plans
6,654
6.27%
2.62%
34
Total Liabilities
[2]
98,22
38.69%
35
Preferred stock (authorized 100,000,000 shares; $1.00 par value; none issued)
36
Common stock (authorized 6,000,000,000 shares; $0.75 par value; 2,442,676,580 shares issued at December 31, 2018 and
1,832
2017)
Capital in excess of par value
17,112
0.72%
37
38
180,987
6.74%
Retained earnings
71.29%
39
Accumulated other comprehensive losses
(3,544)
-1.40%
40
Deferred compensation and benefit plan trust
(240)
Treasury stock, at cost (2018 - 539,838,890 shares; 2017 - 537,974,695)
(41,593)
-0.09%
42
Total Chevron Corporation Stockholders Equity
154,554
-16.38%
60.88%
Noncontrolling interests
1,088
Total Equity
155,642
0.43%
Total Liabilities and Equity
$ 253,863
61.31%
100.00%
[1]
Includes capital lease obligations of $127 and
$94 at December 31, 2018 and 2017,
respectively.
48
[2
Refer to Note 23, "Other Contingencies and

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