Consolidated Balance Sheet - USD ($) $ in Millions		Dec. 31, 2019	Dec. 31, 2018
Assets
Cash and cash equivalents		$ 5,686	$ 9,342
Time deposits		0	950
Marketable securities		63	53
Accounts and notes receivable (less allowance: 2019 - $746; 2018 - $869)		13,325	15,050
Inventories:
Crude oil and petroleum products		3,722	3,383
Chemicals		492	487
Materials, supplies and other		1,634	1,834
Total inventories		5,848	5,704
Prepaid expenses and other current assets		3,407	2,922
Total Current Assets		28,329	34,021
Long-term receivables, net		1,511	1,942
Investments and advances		38,688	35,546
Properties, plant and equipment, at cost		326,722
Properties, plant and equipment, at cost			340,244
Less: Accumulated depreciation, depletion and amortization		176,228
Less: Accumulated depreciation, depletion and amortization			171,037
Properties, plant and equipment, net		150,494
Properties, plant and equipment, net			169,207
Deferred charges and other assets		10,532	6,766
Goodwill		4,463	4,518
Assets held for sale		3,411	1,863
Total Assets		237,428	253,863
Liabilities and Equity
Short-term debt		3,282	5,726
Accounts payable		14,103	13,953
Accrued liabilities		6,589	4,927
Federal and other taxes on income		1,554	1,628
Other taxes payable		1,002	937
Total Current Liabilities		26,530	27,171
Long-term debt	[1]	23,691	28,733
Deferred credits and other noncurrent obligations		20,445	19,742
Noncurrent deferred income taxes		13,688	15,921
Noncurrent employee benefit plans		7,866	6,654
Total Liabilities	[2]	92,220	98,221
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 December 31, 2019 and 2018)		1,832	1,832
Capital in excess of par value		17,265	17,112
Retained earnings		174,945	180,987
Accumulated other comprehensive losses		(4,990)	(3,544)
Deferred compensation and benefit plan trust		(240)	(240)
Treasury stock, at cost (2019 - 560,508,479 shares; 2018 - 539,838,890 shares)		(44,599)	(41,593)
Total Chevron Corporation Stockholders’ Equity		144,213	154,554
Noncontrolling interests		995	1,088
Total Equity		145,208	155,642
Total Liabilities and Equity		$ 237,428	$ 253,863

[1] Includes finance lease liabilities of $282 and $127 at December 31, 2019 and 2018, respectively.

[2] Refer to Note 22, "Other Contingencies and Commitments" beginning on page 87.