v3.19.3.a.u2
Consolidated Balance Sheet - USD ($)
Dec. 31, 2019
Dec. 31, 2018
Assets    
Cash and cash equivalents $ 5,088,000,000 $ 5,915,000,000
Short-term Investments 3,028,000,000 248,000,000
Accounts and notes receivable (net of allowance of $13 million in 2019 and $25 million in 2018) 3,267,000,000 3,920,000,000
Accounts and notes receivable-related parties 134,000,000 147,000,000
Investment in Cenovus Energy 2,111,000,000 1,462,000,000
Inventories 1,026,000,000 1,007,000,000
Prepaid expenses and other current assets 2,259,000,000 575,000,000
Total Current Assets 16,913,000,000 13,274,000,000
Investments and long-term receivables 8,687,000,000 9,329,000,000
Loans and advances-related parties 219,000,000 335,000,000
Net properties, plants and equipment (net of accumulated depreciation, depletion and amortization of $55,477 million in 2019 and $64,899 million in 2018) 42,269,000,000 45,698,000,000
Other assets 2,426,000,000 1,344,000,000
Total Assets 70,514,000,000 69,980,000,000
Liabilities    
Accounts payable 3,176,000,000 3,863,000,000
Accounts payable-related parties 24,000,000 32,000,000
Short-term debt 105,000,000 112,000,000
Accrued income and other taxes 1,030,000,000 1,320,000,000
Employee benefit obligations 663,000,000 809,000,000
Other accruals 2,045,000,000 1,259,000,000
Total Current Liabilities 7,043,000,000 7,395,000,000
Long-term debt 14,790,000,000 14,856,000,000
Long-term asset retirement obligations and accrued environmental costs 5,352,000,000 7,688,000,000
Deferred taxes Included in long-term liabilities 4,634,000,000 5,021,000,000
Employee benefit obligations 1,781,000,000 1,764,000,000
Other liabilities and deferred credits 1,864,000,000 1,192,000,000
Total Liabilities 35,464,000,000 37,916,000,000
Equity    
Common stock (2,500,000,000 shares authorized at $.01 par value) 18,000,000 18,000,000
Capital in excess of par 46,983,000,000 46,879,000,000
Treasury stock (at cost: shares; 2019-710,783,814 shares; 2018-653,288,213 shares) (46,405,000,000) (42,905,000,000)
Accumulated other comprehensive income (loss) (5,357,000,000) (6,063,000,000)
Retained earnings 39,742,000,000 34,010,000,000
Total Common Stockholders' Equity 34,981,000,000 31,939,000,000
Noncontrolling interests 69,000,000 125,000,000
Total Equity 35,050,000,000 [1] 32,064,000,000
Total Liabilities and Equity $ 70,514,000,000 $ 69,980,000,000
[1]
 
*We adopted ASU No. 2016-01, "Recognition and Measurement of Financial Assets and Liabilities," beginning
 
January 1, 2018.