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: 2018 | |||
Consolidated Statement of Income | |||
Period Ending Dec 31, 2018 10-K (Filed: Feb 22, 2019) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | |
| Revenues and Other Income | |||
| Sales and other operating revenues | $ 158,902 [1] | ||
| Sales and other operating revenues | 134,674 | 110,215 | |
| Income from equity affiliates | 6,327 | 4,438 | 2,661 |
| Other income | 1,110 | 2,610 | 1,596 |
| Total Revenues and Other Income | 166,339 | 141,722 | 114,472 |
| Costs and Other Deductions | |||
| Purchased crude oil and products | 94,578 | 75,765 | 59,321 |
| Operating expenses | 20,544 | 19,127 | 19,902 [2] |
| Selling, general and administrative expenses | 3,838 | 4,110 | 4,305 |
| Exploration expenses | 1,210 | 864 | 1,033 |
| Depreciation, depletion and amortization | 19,419 | 19,349 | 19,457 |
| Taxes other than on income | 4,867 | 12,331 | 11,668 |
| Interest and debt expense | 748 | 307 | 201 |
| Other components of net periodic benefit costs | 560 | 648 | 745 |
| Total Costs and Other Deductions | 145,764 | 132,501 | 116,632 |
| Income (Loss) Before Income Tax Expense | 20,575 | 9,221 | (2,160) |
| Income Tax Expense (Benefit) | 5,715 | (48) | (1,729) |
| Net Income (Loss) | 14,860 | 9,269 | (431) |
| Less: Net income attributable to noncontrolling interests | 36 | 74 | 66 |
| Net Income (Loss) Attributable to Chevron Corporation | 14,824 | 9,195 | (497) |
| Net Income (Loss) Attributable to Chevron Corporation | |||
| Basic (in dollars per share) | 7.81 | 4.88 | (0.27) |
| Diluted (in dollars per share) | 7.74 | 4.85 | (0.27) |
| [1] 2017 and 2016 include excise, value-added and similar taxes of $7,189 and $6,905, respectively, collected on behalf of third parties. Beginning in 2018, these taxes are netted in "Taxes other than on income" in accordance with Accounting Standards Update (ASU) 2014-09. Refer to Note 25, "Revenue" beginning on page 88. | |||
| [2] 2017 and 2016 adjusted to conform to ASU 2017-07. Refer to Note 4, "New Accounting Standards" beginning on page 60. | |||
| External Links | |
| CHEVRON CORP (CVX) Fiscal Year 2018 | |
| 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 |