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: 2012 | |||
Consolidated Statement of Income | |||
Period Ending Dec 31, 2012 10-K (Filed: Feb 22, 2013) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2012 | Dec 31, 2011 | Dec 31, 2010 | |
| Revenues and Other Income | |||
| Sales and other operating revenues | $ 230,590 | 244,371 [1] | 198,198 |
| Income from equity affiliates | 6,889 | 7,363 | 5,637 |
| Other income | 4,430 | 1,972 | 1,093 |
| Total Revenues and Other Income | 241,909 | 253,706 | 204,928 |
| Costs and Other Deductions | |||
| Purchased crude oil and products | 140,766 | 149,923 | 116,467 |
| Operating expenses | 22,570 | 21,649 | 19,188 |
| Selling, general and administrative expenses | 4,724 | 4,745 | 4,767 |
| Exploration expenses | 1,728 | 1,216 | 1,147 |
| Depreciation, depletion and amortization | 13,413 | 12,911 | 13,063 |
| Taxes other than on income | 12,376 | 15,628 | 18,191 |
| Interest and debt expense | 0 | 0 | 50 |
| Total Costs and Other Deductions | 195,577 | 206,072 | 172,873 |
| Income Before Income Tax Expense | 46,332 | 47,634 | 32,055 |
| Income Tax Expense | 19,996 | 20,626 | 12,919 |
| Net Income | 26,336 | 27,008 | 19,136 |
| Less: Net income attributable to noncontrolling interests | 157 | 113 | 112 |
| Net Income Attributable to Chevron Corporation | 26,179 | 26,895 | 19,024 [2] |
| Per Share of Common Stock | |||
| Net Income Attributable to Chevron Corporation - Basic | 13.42 | 13.54 | 9.53 |
| Net Income Attributable to Chevron Corporation - Diluted | 13.32 | 13.44 | 9.48 |
| Includes excise, value-added and similar taxes. | 8,010 | 8,085 | 8,591 |
| [1] *Includes excise, value-added and similar taxes.$8,010 $8,085 $8,591See accompanying Notes to the Consolidated Financial Statements. | |||
| [2] There was no effect of dividend equivalents paid on stock units or dilutive impact of employee stock-based awards on earnings. | |||
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
CHEVRON CORP | |||
Ticker: CVX Fiscal Year: 2012 | |||
Consolidated Statement of Comprehensive Income | |||
Period Ending Dec 31, 2012 10-K (Filed: Feb 22, 2013) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2012 | Dec 31, 2011 | Dec 31, 2010 | |
| Net Income | $ 26,336 | 27,008 | 19,136 |
| Currency translation adjustment | |||
| Unrealized net change arising during period | 23 | 17 | 6 |
| Unrealized holding gain (loss) on securities | |||
| Net gain (loss) arising during period | 1 | (11) | (4) |
| Derivatives | |||
| Net derivatives gain on hedge transactions | 20 | 20 | 25 |
| Reclassification to net income of net realized (gain) loss | (14) | 9 | 5 |
| Income taxes on derivatives transactions | (3) | (10) | (10) |
| Total | 3 | 19 | 20 |
| Defined benefit plans | |||
| Actuarial loss | |||
| Amortization to net income of net actuarial loss | 920 | 773 | 635 |
| Actuarial loss arising during period | (1,180) | (3,250) | (857) |
| Prior service cost | |||
| Amortization to net income of net prior service credits | (61) | (26) | (61) |
| Prior service cost arising during period | (142) | (27) | (12) |
| Defined benefit plans sponsored by equity affiliates | (54) | (81) | (12) |
| Income taxes on defined benefit plans | 143 | 1,030 | 140 |
| Total | (374) | (1,581) | (167) |
| Other Comprehensive Loss, Net of Tax | (347) | (1,556) | (145) |
| Comprehensive Income | 25,989 | 25,452 | 18,991 |
| Comprehensive income attributable to noncontrolling interests | (157) | (113) | (112) |
| Comprehensive Income Attributable to Chevron Corporation | 25,832 | 25,339 | 18,879 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
CHEVRON CORP | |||
Ticker: CVX Fiscal Year: 2012 | |||
Consolidated Statement of Cash Flows | |||
Period Ending Dec 31, 2012 10-K (Filed: Feb 22, 2013) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2012 | Dec 31, 2011 | Dec 31, 2010 | |
| Operating Activities | |||
| Net Income | $ 26,336 | 27,008 | 19,136 |
| Adjustments | |||
| Depreciation, depletion and amortization | 13,413 | 12,911 | 13,063 |
| Dry hole expense | 555 | 377 | 496 |
| Distributions less than income from equity affiliates | (1,351) | (570) | (501) |
| Net before-tax gains on asset retirements and sales | (4,089) | (1,495) | (1,004) |
| Net foreign currency effects | 207 | (103) | 251 |
| Deferred income tax provision | 2,015 | 1,589 | 559 |
| Net decrease in operating working capital | 363 | 2,318 | 76 |
| Increase in long-term receivables | (169) | (150) | (12) |
| Decrease in other deferred charges | 1,047 | 341 | 48 |
| Cash contributions to employee pension plans | (1,228) | (1,467) | (1,450) |
| Other | 1,713 | 336 | 692 |
| Net Cash Provided by Operating Activities | 38,812 | 41,095 | 31,354 |
| Investing Activities | |||
| Acquisition of Atlas Energy | 0 | (3,009) | 0 |
| Advance to Atlas Energy | 0 | (403) | 0 |
| Capital expenditures | (30,938) | (26,500) | (19,612) |
| Proceeds and deposits related to asset sales | 2,777 | 3,517 | 1,995 |
| Net sales (purchases) of time deposits | 3,250 | (1,104) | (2,855) |
| Net purchases of marketable securities | (3) | (74) | (49) |
| Repayment of loans by equity affiliates | 328 | 339 | 338 |
| Net purchases of other short-term investments | (210) | (255) | (732) |
| Net Cash Used for Investing Activities | (24,796) | (27,489) | (20,915) |
| Financing Activities | |||
| Net borrowings (payments) of short-term obligations | 264 | 23 | (212) |
| Proceeds from issuances of long-term debt | 4,007 | 377 | 1,250 |
| Repayments of long-term debt and other financing obligations | (2,224) | (2,769) | (156) |
| Cash dividends - common stock | (6,844) | (6,136) | (5,669) |
| Distributions to noncontrolling interests | (41) | (71) | (72) |
| Net purchases of treasury shares | (4,142) | (3,193) | (306) |
| Net Cash Used for Financing Activities | (8,980) | (11,769) | (5,165) |
| Effect of Exchange Rate Changes on Cash and Cash Equivalents | 39 | (33) | 70 |
| Net Change in Cash and Cash Equivalents | 5,075 | 1,804 | 5,344 |
| Cash and Cash Equivalents at January 1 | 15,864 | 14,060 | |
| Cash and Cash Equivalents at December 31 | 20,939 | 15,864 | 14,060 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
CHEVRON CORP | ||
Ticker: CVX Fiscal Year: 2012 | ||
Consolidated Balance Sheet | ||
Period Ending Dec 31, 2012 10-K (Filed: Feb 22, 2013) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2012 | Dec 31, 2011 | |
| Assets | ||
| Cash and cash equivalents | $ 20,939 | 15,864 |
| Time deposits | 708 | 3,958 |
| Marketable securities | 266 | 249 |
| Accounts and notes receivable (less allowance: 2012 - $80; 2011 - $98) | 20,997 | 21,793 |
| Inventories: | ||
| Crude oil and petroleum products | 3,923 | 3,420 |
| Chemicals | 475 | 502 |
| Materials, supplies and other | 1,746 | 1,621 |
| Total inventories | 6,144 | 5,543 |
| Prepaid expenses and other current assets | 6,666 | 5,827 |
| Total Current Assets | 55,720 | 53,234 |
| Long-term receivables, net | 3,053 | 2,233 |
| Investments and advances | 23,718 | 22,868 |
| Properties, plant and equipment, at cost | 263,481 | 233,432 |
| Less: Accumulated depreciation, depletion and amortization | 122,133 | 110,824 |
| Properties, plant and equipment, at cost | 141,348 | 122,608 |
| Deferred charges and other assets | 4,503 | 3,889 |
| Goodwill | 4,640 | 4,642 |
| Total Assets | 232,982 | 209,474 |
| Liabilities and Equity | ||
| Short-term debt | 127 | 340 |
| Accounts payable | 22,776 | 22,147 |
| Accrued liabilities | 5,738 | 5,287 |
| Federal and other taxes on income | 4,341 | 4,584 |
| Other taxes payable | 1,230 | 1,242 |
| Total Current Liabilities | 34,212 | 33,600 |
| Long-term debt | 11,966 | 9,684 |
| Capital lease obligations | 99 | 128 |
| Deferred credits and other noncurrent obligations | 21,502 | 19,181 |
| Noncurrent deferred income taxes | 17,672 | 15,544 |
| Reserves for employee benefit plans | 9,699 | 9,156 |
| Total Liabilities | 95,150 | 87,293 |
| 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, 2012 and 2011) | 1,832 | 1,832 |
| Capital in excess of par value | 15,497 | 15,156 |
| Retained earnings | 159,730 | 140,399 |
| Accumulated other comprehensive loss | (6,369) | (6,022) |
| Deferred compensation and benefit plan trust | (282) | (298) |
| Treasury stock, at cost (2012 - 495,978,691 shares; 2011 - 461,509,656 shares) | (33,884) | (29,685) |
| Total Chevron Corporation Stockholders' Equity | 136,524 | 121,382 |
| Noncontrolling interests | 1,308 | 799 |
| Total Equity | 137,832 | 122,181 |
| Total Liabilities and Equity | 232,982 | 209,474 |
| External Links | |
| CHEVRON CORP (CVX) Fiscal Year 2012 | |
| 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 |