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Consolidated Statement of Equity (USD $)
In Millions, except Share data in Thousands, unless otherwise specified
Total
Deferred Compensation and Benefit Plan Trust
Preferred Stock
Common Stock
Capital in Excess of Par
Treasury Stock at Cost
Retained Earnings
Accumulated Other Comprehensive Loss
Pension and Other Postretirement Benefit Plans, Beginning Balance at Dec. 31, 2008               $ (3,909)
Unrealized net holding gain on securities, Beginning Balance at Dec. 31, 2008               13
Net derivatives gain (loss) on hedge transactions, Beginning Balance at Dec. 31, 2008               143
Beginning Balance at Dec. 31, 2008     0 1,832 14,448 (26,376) 101,102  
Currency Translation Adjustment, Beginning Balance at Dec. 31, 2008               (171)
Shares, Beginning Balance at Dec. 31, 2008     0 2,442,677   438,445    
Deferred Compensation and Benefit Plan Trust Deferred Compensation, Beginning Balance at Dec. 31, 2008   (194)            
Treasury Stock Transaction         183      
Net Income Attributable to Chevron Corporation 10,483           10,483  
Cash dividends - common stock             (5,302)  
Tax benefit from dividends paid on unallocated ESOP shares and other             6  
Currency translation adjustment                
Unrealized net change arising during period 60             60
Pension and other postretirement benefit plans                
Change to defined benefit plans during year               (399)
Unrealized net holding gain on securities                
Change during year (Unrealized net holding gain on securities) 2             2
Net derivatives gain (loss) on hedge transactions                
Change during year (derivatives)               (60)
Net reduction of ESOP debt and other   85            
Benefit Plan Trust (Common Stock)   (240)            
Benefit Plan Trust (Common Stock), shares   14,168            
Treasury Stock at Cost, Purchases           (6)    
Treasury Stock at Cost, Purchases, shares           85    
Issuances - mainly employee benefit plans           214    
Issuances - mainly employee benefit plans, Shares           (3,575)    
Noncontrolling interests 647              
Total Equity 92,561              
Net derivatives gain (loss) on hedge transactions, Ending Balance at Dec. 31, 2009               83
Ending Balance at Dec. 31, 2009 91,914 (349) 0 1,832 14,631 (26,168) 106,289 (4,321)
Unrealized net holding gain on securities, Ending Balance at Dec. 31, 2009               15
Currency Translation Adjustment, Ending Balance at Dec. 31, 2009               (111)
Pension and Other Postretirement Benefit Plans, Ending Balance at Dec. 31, 2009               (4,308)
Shares, Ending Balance at Dec. 31, 2009   14,168 0 2,442,677   434,955    
Deferred Compensation and Benefit Plan Trust Deferred Compensation, Ending Balance at Dec. 31, 2009   (109)            
Treasury Stock Transaction         165      
Net Income Attributable to Chevron Corporation 19,024           19,024  
Cash dividends - common stock             (5,674)  
Tax benefit from dividends paid on unallocated ESOP shares and other             2  
Currency translation adjustment                
Unrealized net change arising during period 6             6
Pension and other postretirement benefit plans                
Change to defined benefit plans during year               (167)
Unrealized net holding gain on securities                
Change during year (Unrealized net holding gain on securities) (4)             (4)
Net derivatives gain (loss) on hedge transactions                
Change during year (derivatives)               20
Net reduction of ESOP debt and other   38            
Benefit Plan Trust (Common Stock)   (240)            
Benefit Plan Trust (Common Stock), shares   14,168            
Treasury Stock at Cost, Purchases           (775)    
Treasury Stock at Cost, Purchases, shares           9,091    
Issuances - mainly employee benefit plans           532    
Issuances - mainly employee benefit plans, Shares           (8,850)    
Noncontrolling interests 730              
Total Equity 105,811              
Net derivatives gain (loss) on hedge transactions, Ending Balance at Dec. 31, 2010               103
Ending Balance at Dec. 31, 2010 105,081 (311) 0 1,832 14,796 (26,411) 119,641 (4,466)
Unrealized net holding gain on securities, Ending Balance at Dec. 31, 2010               11
Currency Translation Adjustment, Ending Balance at Dec. 31, 2010               (105)
Pension and Other Postretirement Benefit Plans, Ending Balance at Dec. 31, 2010               (4,475)
Shares, Ending Balance at Dec. 31, 2010   14,168 0 2,442,677   435,196    
Deferred Compensation and Benefit Plan Trust Deferred Compensation, Ending Balance at Dec. 31, 2010   (71)            
Treasury Stock Transaction         360      
Net Income Attributable to Chevron Corporation 26,895           26,895  
Cash dividends - common stock             (6,139)  
Tax benefit from dividends paid on unallocated ESOP shares and other             2  
Currency translation adjustment                
Unrealized net change arising during period 17             17
Pension and other postretirement benefit plans                
Change to defined benefit plans during year               (1,581)
Unrealized net holding gain on securities                
Change during year (Unrealized net holding gain on securities) (11)             (11)
Net derivatives gain (loss) on hedge transactions                
Change during year (derivatives)               19
Net reduction of ESOP debt and other   13            
Benefit Plan Trust (Common Stock)   (240)            
Benefit Plan Trust (Common Stock), shares   14,168            
Treasury Stock at Cost, Purchases           (4,262)    
Treasury Stock at Cost, Purchases, shares           42,424    
Issuances - mainly employee benefit plans           988    
Issuances - mainly employee benefit plans, Shares           (16,110)    
Noncontrolling interests 799              
Total Equity 122,181              
Net derivatives gain (loss) on hedge transactions, Ending Balance at Dec. 31, 2011               122
Ending Balance at Dec. 31, 2011 121,382 (298) 0 1,832 15,156 (29,685) 140,399 (6,022)
Unrealized net holding gain on securities, Ending Balance at Dec. 31, 2011               0
Currency Translation Adjustment, Ending Balance at Dec. 31, 2011               (88)
Pension and Other Postretirement Benefit Plans, Ending Balance at Dec. 31, 2011               (6,056)
Shares, Ending Balance at Dec. 31, 2011   14,168 0 2,442,677   461,510    
Deferred Compensation and Benefit Plan Trust Deferred Compensation, Ending Balance at Dec. 31, 2011   $ (58)