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: 2013 | |||
Consolidated Statement of Income | |||
Period Ending Dec 31, 2013 10-K (Filed: Feb 21, 2014) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
| Revenues and Other Income | |||
| Sales and other operating revenues | $ 220,156 | 230,590 | 244,371 [1] |
| Income from equity affiliates | 7,527 | 6,889 | 7,363 |
| Other income | 1,165 | 4,430 | 1,972 |
| Total Revenues and Other Income | 228,848 | 241,909 | 253,706 |
| Costs and Other Deductions | |||
| Purchased crude oil and products | 134,696 | 140,766 | 149,923 |
| Operating expenses | 24,627 | 22,570 | 21,649 |
| Selling, general and administrative expenses | 4,510 | 4,724 | 4,745 |
| Exploration expenses | 1,861 | 1,728 | 1,216 |
| Depreciation, depletion and amortization | 14,186 | 13,413 | 12,911 |
| Taxes other than on income | 13,063 | 12,376 | 15,628 |
| Total Costs and Other Deductions | 192,943 | 195,577 | 206,072 |
| Income Before Income Tax Expense | 35,905 | 46,332 | 47,634 |
| Income Tax Expense | 14,308 | 19,996 | 20,626 |
| Net Income | 21,597 | 26,336 | 27,008 |
| Less: Net income attributable to noncontrolling interests | 174 | 157 | 113 |
| Net Income Attributable to Chevron Corporation | 21,423 | 26,179 [2] | 26,895 |
| Per Share of Common Stock | |||
| Net Income Attributable to Chevron Corporation - Basic | 11.18 | 13.42 | 13.54 |
| Net Income Attributable to Chevron Corporation - Diluted | 11.09 | 13.32 | 13.44 |
| [1] *Includes excise, value-added and similar taxes.$8,492 $8,010 $8,085See 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: 2013 | |||
Consolidated Statement of Comprehensive Income | |||
Period Ending Dec 31, 2013 10-K (Filed: Feb 21, 2014) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
| Net Income | $ 21,597 | 26,336 | 27,008 |
| Currency translation adjustment | |||
| Unrealized net change arising during period | 42 | 23 | 17 |
| Unrealized holding (loss) gain on securities | |||
| Net (loss) gain arising during period | (7) | 1 | (11) |
| Derivatives | |||
| Net derivatives (loss) gain on hedge transactions | (111) | 20 | 20 |
| Reclassification to net income of net realized (gain) loss | (1) | (14) | 9 |
| Income taxes on derivatives transactions | 39 | (3) | (10) |
| Total | (73) | 3 | 19 |
| Defined benefit plans | |||
| Actuarial (gain) loss | |||
| Amortization to net income of net actuarial loss and settlements | 866 | 920 | 773 |
| Actuarial gain (loss) arising during period | 3,379 | (1,180) | (3,250) |
| Prior service credits (cost) | |||
| Amortization to net income of net prior service credits | (27) | (61) | (26) |
| Prior service credits (cost) arising during period | 60 | (142) | (27) |
| Defined benefit plans sponsored by equity affiliates | 164 | (54) | (81) |
| Income taxes on defined benefit plans | (1,614) | 143 | 1,030 |
| Total | 2,828 | (374) | (1,581) |
| Other Comprehensive Gain (Loss), Net of Tax | 2,790 | (347) | (1,556) |
| Comprehensive Income | 24,387 | 25,989 | 25,452 |
| Comprehensive income attributable to noncontrolling interests | (174) | (157) | (113) |
| Comprehensive Income Attributable to Chevron Corporation | 24,213 | 25,832 | 25,339 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
CHEVRON CORP | |||
Ticker: CVX Fiscal Year: 2013 | |||
Consolidated Statement of Cash Flows | |||
Period Ending Dec 31, 2013 10-K (Filed: Feb 21, 2014) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
| Operating Activities | |||
| Net Income | $ 21,597 | 26,336 | 27,008 |
| Adjustments | |||
| Depreciation, depletion and amortization | 14,186 | 13,413 | 12,911 |
| Dry hole expense | 683 | 555 | 377 |
| Distributions less than income from equity affiliates | (1,178) | (1,351) | (570) |
| Net before-tax gains on asset retirements and sales | (639) | (4,089) | (1,495) |
| Net foreign currency effects | (103) | 207 | (103) |
| Deferred income tax provision | 1,876 | 2,015 | 1,589 |
| Net (increase) decrease in operating working capital | (1,331) | 363 | 2,318 |
| Decrease (increase) in long-term receivables | 183 | (169) | (150) |
| (Increase) decrease in other deferred charges | (321) | 1,047 | 341 |
| Cash contributions to employee pension plans | (1,194) | (1,228) | (1,467) |
| Other | 1,243 | 1,713 | 336 |
| Net Cash Provided by Operating Activities | 35,002 | 38,812 | 41,095 |
| Investing Activities | |||
| Acquisition of Atlas Energy | 0 | 0 | (3,009) |
| Advance to Atlas Energy | 0 | 0 | (403) |
| Capital expenditures | (37,985) | (30,938) | (26,500) |
| Proceeds and deposits related to asset sales | 1,143 | 2,777 | 3,517 |
| Net sales (purchases) of time deposits | 700 | 3,250 | (1,104) |
| Net sales (purchases) of marketable securities | 3 | (3) | (74) |
| Repayment of loans by equity affiliates | 314 | 328 | 339 |
| Net sales (purchases) of other short-term investments | 216 | (210) | (255) |
| Net Cash Used for Investing Activities | (35,609) | (24,796) | (27,489) |
| Financing Activities | |||
| Net borrowings of short-term obligations | 2,378 | 264 | 23 |
| Proceeds from issuances of long-term debt | 6,000 | 4,007 | 377 |
| Repayments of long-term debt and other financing obligations | (132) | (2,224) | (2,769) |
| Cash dividends - common stock | (7,474) | (6,844) | (6,136) |
| Distributions to noncontrolling interests | (99) | (41) | (71) |
| Net purchases of treasury shares | (4,494) | (4,142) | (3,193) |
| Net Cash Used for Financing Activities | (3,821) | (8,980) | (11,769) |
| Effect of Exchange Rate Changes on Cash and Cash Equivalents | (266) | 39 | (33) |
| Net Change in Cash and Cash Equivalents | (4,694) | 5,075 | 1,804 |
| Cash and Cash Equivalents at January 1 | 20,939 | 15,864 | |
| Cash and Cash Equivalents at December 31 | 16,245 | 20,939 | 15,864 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
CHEVRON CORP | ||
Ticker: CVX Fiscal Year: 2013 | ||
Consolidated Balance Sheet | ||
Period Ending Dec 31, 2013 10-K (Filed: Feb 21, 2014) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2013 | Dec 31, 2012 | |
| Assets | ||
| Cash and cash equivalents | $ 16,245 | 20,939 |
| Time deposits | 8 | 708 |
| Marketable securities | 263 | 266 |
| Accounts and notes receivable (less allowance: 2013 - $62; 2012 - $80) | 21,622 | 20,997 |
| Inventories: | ||
| Crude oil and petroleum products | 3,879 | 3,923 |
| Chemicals | 491 | 475 |
| Materials, supplies and other | 2,010 | 1,746 |
| Total inventories | 6,380 | 6,144 |
| Prepaid expenses and other current assets | 5,732 | 6,666 |
| Total Current Assets | 50,250 | 55,720 |
| Long-term receivables, net | 2,833 | 3,053 |
| Investments and advances | 25,502 | 23,718 |
| Properties, plant and equipment, at cost | 296,433 | 263,481 |
| Less: Accumulated depreciation, depletion and amortization | 131,604 | 122,133 |
| Properties, plant and equipment, at cost | 164,829 | 141,348 |
| Deferred charges and other assets | 5,120 | 4,503 |
| Goodwill | 4,639 | 4,640 |
| Assets held for sale | 580 | 0 |
| Total Assets | 253,753 | 232,982 |
| Liabilities and Equity | ||
| Short-term debt | 374 | 127 |
| Accounts payable | 22,815 | 22,776 |
| Accrued liabilities | 5,402 | 5,738 |
| Federal and other taxes on income | 3,092 | 4,341 |
| Other taxes payable | 1,335 | 1,230 |
| Total Current Liabilities | 33,018 | 34,212 |
| Long-term debt | 19,960 | 11,966 |
| Capital lease obligations | 97 | 99 |
| Deferred credits and other noncurrent obligations | 22,982 | 21,502 |
| Noncurrent deferred income taxes | 21,301 | 17,672 |
| Noncurrent employee benefit plans | 5,968 | 9,699 |
| Total Liabilities | 103,326 | 95,150 |
| 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, 2013 and 2012) | 1,832 | 1,832 |
| Capital in excess of par value | 15,713 | 15,497 |
| Retained earnings | 173,677 | 159,730 |
| Accumulated other comprehensive loss | (3,579) | (6,369) |
| Deferred compensation and benefit plan trust | (240) | (282) |
| Treasury stock, at cost (2012 - 495,978,691 shares; 2011 - 461,509,656 shares) | (38,290) | (33,884) |
| Total Chevron Corporation Stockholders' Equity | 149,113 | 136,524 |
| Noncontrolling interests | 1,314 | 1,308 |
| Total Equity | 150,427 | 137,832 |
| Total Liabilities and Equity | 253,753 | 232,982 |
| External Links | |
| CHEVRON CORP (CVX) Fiscal Year 2013 | |
| 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 |