CONSOLIDATED BALANCE SHEET (Unaudited) - USD ($) $ in Millions		Mar. 31, 2017	Dec. 31, 2016
ASSETS
Cash and cash equivalents		$ 6,983	$ 6,988
Marketable securities		11	13
Accounts and notes receivable, net		13,754	14,092
Inventories
Crude oil and petroleum products		3,315	2,720
Chemicals		437	455
Materials, supplies and other		2,169	2,244
Total inventories		5,921	5,419
Prepaid expenses and other current assets		2,899	3,107
Total Current Assets		29,568	29,619
Long-term receivables, net		2,457	2,485
Investments and advances		30,915	30,250
Properties, plant and equipment, at cost		336,150	336,077
Less: Accumulated depreciation, depletion and amortization		155,854	153,891
Properties, plant and equipment, net		180,296	182,186
Deferred charges and other assets		6,980	6,838
Goodwill		4,543	4,581
Assets held for sale		4,352	4,119
Total Assets		259,111	260,078
LIABILITIES AND EQUITY
Short-term debt		8,297	10,840
Accounts payable		13,078	13,986
Accrued liabilities		4,657	4,882
Federal and other taxes on income		1,414	1,050
Other taxes payable		980	1,027
Total Current Liabilities		28,426	31,785
Long-term debt		36,864	35,193
Capital lease obligations		95	93
Deferred credits and other noncurrent obligations		21,515	21,553
Noncurrent deferred income taxes		17,276	17,516
Noncurrent employee benefit plans		7,145	7,216
Total Liabilities	[1]	111,321	113,356
Preferred stock (authorized 100,000,000 shares, $1.00 par value, none issued)		0	0
Common stock (authorized 6,000,000,000 shares; $0.75 par value; 2,442,676,580 shares issued at March 31, 2017, and December 31, 2016)		1,832	1,832
Capital in excess of par value		16,631	16,595
Retained earnings		173,698	173,046
Accumulated other comprehensive loss		(3,726)	(3,843)
Deferred compensation and benefit plan trust		(240)	(240)
Treasury stock, at cost (548,119,774 and 551,170,158 shares at March 31, 2017, and December 31, 2016, respectively)		(41,603)	(41,834)
Total Chevron Corporation Stockholders’ Equity		146,592	145,556
Noncontrolling interests		1,198	1,166
Total Equity		147,790	146,722
Total Liabilities and Equity		$ 259,111	$ 260,078

[1] Refer to Note 14, "Other Contingencies and Commitments" beginning on page 19.