10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
CHEVRON CORP | |||
Ticker: CVX Fiscal Year: 2011 | |||
Consolidated Statement of Income | |||
Period Ending Dec 31, 2011 10-K (Filed: Feb 23, 2012) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2011 | Dec 31, 2010 | Dec 31, 2009 | |
| Revenues and Other Income | |||
| Sales and other operating revenues | $ 244,371 | 198,198 | 167,402 |
| Income from equity affiliates | 7,363 | 5,637 | 3,316 |
| Other income | 1,972 | 1,093 | 918 |
| Total Revenues and Other Income | 253,706 | 204,928 | 171,636 |
| Costs and Other Deductions | |||
| Purchased crude oil and products | 149,923 | 116,467 | 99,653 |
| Operating expenses | 21,649 | 19,188 | 17,857 |
| Selling, general and administrative expenses | 4,745 | 4,767 | 4,527 |
| Exploration expenses | 1,216 | 1,147 | 1,342 |
| Depreciation, depletion and amortization | 12,911 | 13,063 | 12,110 |
| Taxes other than on income | 15,628 | 18,191 | 17,591 [1] |
| Interest and debt expense | 50 | 28 | |
| Total Costs and Other Deductions | 206,072 | 172,873 | 153,108 |
| Income Before Income Tax Expense | 47,634 | 32,055 | 18,528 |
| Income Tax Expense | 20,626 | 12,919 | 7,965 |
| Net Income | 27,008 | 19,136 | 10,563 |
| Less: Net income attributable to noncontrolling interests | 113 | 112 | 80 |
| Net Income attributable to Chevron Corporation | 26,895 | 19,024 | 10,483 |
| Per Share of Common Stock | |||
| Net Income Attributable to Chevron Corporation - Basic | 13.54 | 9.53 | 5.26 |
| Net Income Attributable to Chevron Corporation - Diluted | 13.44 | 9.48 | 5.24 |
| Includes excise, value-added and similar taxes: | 8,085 | 8,591 | 8,109 |
| [1] Includes excise, value-added and similar taxes. | |||
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
CHEVRON CORP | |||
Ticker: CVX Fiscal Year: 2011 | |||
Consolidated Statement of Comprehensive Income | |||
Period Ending Dec 31, 2011 10-K (Filed: Feb 23, 2012) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2011 | Dec 31, 2010 | Dec 31, 2009 | |
| Net Income | $ 27,008 | 19,136 | 10,563 |
| Currency translation adjustment | |||
| Unrealized net change arising during period | 17 | 6 | 60 |
| Unrealized holding (loss) gain on securities | |||
| Net (loss) gain arising during period | (11) | (4) | 2 |
| Derivatives | |||
| Net derivatives gain (loss) on hedge transactions | 20 | 25 | (69) |
| Reclassification to net income of net realized loss (gain) | 9 | 5 | (23) |
| Income taxes on derivatives transactions | (10) | (10) | 32 |
| Total | 19 | 20 | (60) |
| Defined benefit plans | |||
| Actuarial loss | |||
| Amortization to net income of net actuarial loss | 773 | 635 | 575 |
| Actuarial loss arising during period | (3,250) | (857) | (1,099) |
| Prior service cost | |||
| Amortization to net income of net prior service credits | (26) | (61) | (65) |
| Prior service cost arising during period | (27) | (12) | (34) |
| Defined benefit plans sponsored by equity affiliates | (81) | (12) | 65 |
| Income taxes on defined benefit plans | 1,030 | 140 | 159 |
| Total | (1,581) | (167) | (399) |
| Other Comprehensive Loss, Net of Tax | (1,556) | (145) | (397) |
| Comprehensive Income | 25,452 | 18,991 | 10,166 |
| Comprehensive income attributable to noncontrolling interests | (113) | (112) | (80) |
| Comprehensive Income Attributable to Chevron Corporation | 25,339 | 18,879 | 10,086 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
CHEVRON CORP | |||
Ticker: CVX Fiscal Year: 2011 | |||
Consolidated Statement of Cash Flows | |||
Period Ending Dec 31, 2011 10-K (Filed: Feb 23, 2012) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2011 | Dec 31, 2010 | Dec 31, 2009 | |
| Operating Activities | |||
| Net Income | $ 27,008 | 19,136 | 10,563 |
| Adjustments | |||
| Depreciation, depletion and amortization | 12,911 | 13,063 | 12,110 |
| Dry hole expense | 377 | 496 | 552 |
| Distributions less than income from equity affiliates | (570) | (501) | (103) |
| Net before-tax gains on asset retirements and sales | (1,495) | (1,004) | (1,255) |
| Net foreign currency effects | (103) | 251 | 466 |
| Deferred income tax provision | 1,589 | 559 | 467 |
| Net decrease (increase) in operating working capital | 2,318 | 76 | (2,301) |
| Increase in long-term receivables | (150) | (12) | (258) |
| Decrease in other deferred charges | 341 | 48 | 201 |
| Cash contributions to employee pension plans | (1,467) | (1,450) | (1,739) |
| Other | 339 | 697 | 670 |
| Net Cash Provided by Operating Activities | 41,098 | 31,359 | 19,373 |
| Investing Activities | |||
| Acquisition of Atlas Energy | (3,009) | ||
| Advance to Atlas Energy | (403) | ||
| Capital expenditures | (26,500) | (19,612) | (19,843) |
| Proceeds and deposits related to asset sales | 3,517 | 1,995 | 2,564 |
| Net purchases of time deposits | (1,104) | (2,855) | |
| Net (purchases) sales of marketable securities | (74) | (49) | 127 |
| Repayment of loans by equity affiliates | 339 | 338 | 336 |
| Net (purchases) sales of other short-term investments | (255) | (732) | 244 |
| Net Cash Used for Investing Activities | (27,489) | (20,915) | (16,572) |
| Financing Activities | |||
| Net borrowings (payments) of short-term obligations | 23 | (212) | (3,192) |
| Proceeds from issuance of long-term debt | 377 | 1,250 | 5,347 |
| Repayments of long-term debt and other financing obligations | (2,769) | (156) | (496) |
| Cash dividends - common stock | (6,139) | (5,674) | (5,302) |
| Distributions to noncontrolling interests | (71) | (72) | (71) |
| Net (purchases) sales of treasury shares | (3,193) | (306) | 168 |
| Net Cash Used for Financing Activities | (11,772) | (5,170) | (3,546) |
| Effect of Exchange Rate Changes on Cash and Cash Equivalents | (33) | 70 | 114 |
| Net Change in Cash and Cash Equivalents | 1,804 | 5,344 | (631) |
| Cash and Cash Equivalents at January 1 | 14,060 | 8,716 | |
| Cash and Cash Equivalents at December 31 | 15,864 | 14,060 | 8,716 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
CHEVRON CORP | ||
Ticker: CVX Fiscal Year: 2011 | ||
Consolidated Balance Sheet | ||
Period Ending Dec 31, 2011 10-K (Filed: Feb 23, 2012) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2011 | Dec 31, 2010 | |
| Assets | ||
| Cash and cash equivalents | $ 15,864 | 14,060 |
| Time deposits | 3,958 | 2,855 |
| Marketable securities | 249 | 155 |
| Accounts and notes receivable (less allowance: 2011 - $98; 2010 - $184) | 21,793 | 20,759 |
| Inventories: | ||
| Crude oil and petroleum products | 3,420 | 3,589 |
| Chemicals | 502 | 395 |
| Materials, supplies and other | 1,621 | 1,509 |
| Total inventories | 5,543 | 5,493 |
| Prepaid expenses and other current assets | 5,827 | 5,519 |
| Total Current Assets | 53,234 | 48,841 |
| Long-term receivables, net | 2,233 | 2,077 |
| Investments and advances | 22,868 | 21,520 |
| Properties, plant and equipment, at cost | 233,432 | 207,367 |
| Less: Accumulated depreciation, depletion and amortization | 110,824 | 102,863 |
| Properties, plant and equipment, net | 122,608 | 104,504 |
| Deferred charges and other assets | 3,889 | 3,210 |
| Goodwill | 4,642 | 4,617 |
| Total Assets | 209,474 | 184,769 |
| Liabilities and Equity | ||
| Total short-term debt | 340 | 187 |
| Accounts payable | 22,147 | 19,259 |
| Accrued liabilities | 5,287 | 5,324 |
| Federal and other taxes on income | 4,584 | 2,776 |
| Other taxes payable | 1,242 | 1,466 |
| Total Current Liabilities | 33,600 | 29,012 |
| Long-term debt | 9,684 | 11,003 |
| Capital lease obligations | 128 | 286 |
| Deferred credits and other noncurrent obligations | 19,181 | 19,264 |
| Noncurrent deferred income taxes | 15,544 | 12,697 |
| Reserves for employee benefit plans | 9,156 | 6,696 |
| Total Liabilities | 87,293 | 78,958 |
| Preferred stock (authorized 100,000,000 shares; $1.00 par value, none issued) | ||
| Common stock (authorized 6,000,000,000 shares; $.75 par value; 2,442,676,580 shares issued at December 31, 2011 and 2010) | 1,832 | 1,832 |
| Capital in excess of par value | 15,156 | 14,796 |
| Retained earnings | 140,399 | 119,641 |
| Accumulated other comprehensive loss | (6,022) | (4,466) |
| Deferred compensation and benefit plan trust | (298) | (311) |
| Treasury stock, at cost (2011 - 461,509,656 shares; 2010 - 435,195,799 shares) | (29,685) | (26,411) |
| Total Chevron Corporation Stockholders' Equity | 121,382 | 105,081 |
| Noncontrolling interests | 799 | 730 |
| Total Equity | 122,181 | 105,811 |
| Total Liabilities and Equity | 209,474 | 184,769 |
| External Links | |
| CHEVRON CORP (CVX) Fiscal Year 2011 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |