2019 Chevron annual report

a. Was your company's cash flow negative or positive in the current and previous years? Hint: Look for the double underline amount associated with "Cash, cash equivalents and restricted cash at end of year." b. In general, is it possible for a company to show income on the income statement but have a negative cash flow? Please explain your answer.

Year ended December 31 2018 2017 2019 S 2,845 $ 14,860 $ 9,269 29,218 172 (2,073) (1,367) 272 (1,966) 1,494 502 (69) (1,362) (352) 27,314 19,419 687 (3,580) (619) 123 1,050 (718) 418 19,349 198 (2,380) (2,195) 131 (3,203) 520 (368) (254) (980) 251 (1,035) 13 30,618 20,338 Operating Activities Net Income (Loss) Adjustments Depreciation, depletion and amortization Dry hole expense Distributions less than income from equity affiliates Net before-tax gains on asset retirements and sales Net foreign currency effects Deferred income tax provision Net decrease increase) in operating working capital Decrease increase) in long-term receivables Net decrease increase) in other deferred charges Cash contributions to employee pension plans Other Net Cash Provided by Operating Activities Investing Activities Capital expenditures Proceeds and deposits related to asset sales and returns of investment Net maturities of investments in) time deposits Net sales (purchases) of marketable securities Net repayment (borrowing) of loans by equity affiliates Net Cash Used for Investing Activities Financing Activities Net borrowings (repayments) of short-term obligations Proceeds from issuances of long-term debt Repayments of long-term debt and other financing obligations Cash dividends - common stock Distributions to noncontrolling interests Net sales (purchases) of treasury shares Net Cash Provided by (Used for) Financing Activities Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash Net Change in Cash, Cash Equivalents and Restricted Cash Cash, Cash Equivalents and Restricted Cash at January 1 Cash, Cash Equivalents and Restricted Cash at December 31 (13,404) 5,096 (14,116) 2,951 950 2 (1,245) (11,458) (13,792) 2,392 (950) (51) 111 4 (16) (8,320) (12,290) (2,821) (5,025) (8,959) (18) (2,935) (19,758) 332 (3,570) 10,481 2,021 218 (6,741) (8,502) (91) (604) (13,699) (91) (5,142) 3,991 (6,310) (8,132) (78) 1,117 (14,554) 65 (2,471) 8,414 4,538 5,943 S 6,911 S 10,481 S 5,943 Year ended December 31 2018 2017 2019 S 2,845 $ 14,860 $ 9,269 29,218 172 (2,073) (1,367) 272 (1,966) 1,494 502 (69) (1,362) (352) 27,314 19,419 687 (3,580) (619) 123 1,050 (718) 418 19,349 198 (2,380) (2,195) 131 (3,203) 520 (368) (254) (980) 251 (1,035) 13 30,618 20,338 Operating Activities Net Income (Loss) Adjustments Depreciation, depletion and amortization Dry hole expense Distributions less than income from equity affiliates Net before-tax gains on asset retirements and sales Net foreign currency effects Deferred income tax provision Net decrease increase) in operating working capital Decrease increase) in long-term receivables Net decrease increase) in other deferred charges Cash contributions to employee pension plans Other Net Cash Provided by Operating Activities Investing Activities Capital expenditures Proceeds and deposits related to asset sales and returns of investment Net maturities of investments in) time deposits Net sales (purchases) of marketable securities Net repayment (borrowing) of loans by equity affiliates Net Cash Used for Investing Activities Financing Activities Net borrowings (repayments) of short-term obligations Proceeds from issuances of long-term debt Repayments of long-term debt and other financing obligations Cash dividends - common stock Distributions to noncontrolling interests Net sales (purchases) of treasury shares Net Cash Provided by (Used for) Financing Activities Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash Net Change in Cash, Cash Equivalents and Restricted Cash Cash, Cash Equivalents and Restricted Cash at January 1 Cash, Cash Equivalents and Restricted Cash at December 31 (13,404) 5,096 (14,116) 2,951 950 2 (1,245) (11,458) (13,792) 2,392 (950) (51) 111 4 (16) (8,320) (12,290) (2,821) (5,025) (8,959) (18) (2,935) (19,758) 332 (3,570) 10,481 2,021 218 (6,741) (8,502) (91) (604) (13,699) (91) (5,142) 3,991 (6,310) (8,132) (78) 1,117 (14,554) 65 (2,471) 8,414 4,538 5,943 S 6,911 S 10,481 S 5,943