Question
Refer to the December 2019 Annual Report of Chevron below. Using the information below Note: Net before-tax gains on asset sales and investments include gains/losses
Refer to the December 2019 Annual Report of Chevron below. Using the information below
Note: "Net before-tax gains on asset sales and investments" include gains/losses from investment sales including marketable securities.
- What is the net book value of Chevron's property and equipment on December 31, 2019?
At December 31 2019 and 2018
Total Current Assets 28,329 34,021
Long-term receivables, net 1,511 1,942
Investments and advances 38,688 35,546
Properties, plant and equipment, at cost 326,722 340,244
Less: Accumulated depreciation 176,228 171,037
Properties, plant and equipment, net 150,494 169,207
Deferred charges and other assets 10,532 6,766
Goodwill 4,463 4,518
Assets held for sale 3,411 1,863
Total Assets $ 237,428 $ 253,863
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