Retirement and nonpension postretirement benefit obligations
Chevron Retirement and nonpension postretirement benefit obligations decreased by 4.6% to $3.92B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 3.1%, from $3.81B to $3.92B. Over 5 years (FY 2020 to FY 2025), Retirement and nonpension postretirement benefit obligations shows a downward trend with a -14.9% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase may signal underfunded plans requiring future cash contributions, while a decrease suggests improved funding status.
Detailed definition
This represents the long-term liability associated with defined benefit pension plans and other post-retirement benefits...
Peer comparison
Highly dependent on legacy workforce size and plan structure; common in mature industrial manufacturing firms.
non_current_liabilities_pension_and_other_postretirement_0d4947Historical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $7.65B | $7.14B | $6.25B | $5.93B | $5.58B | $5.18B | $4.36B | $4.10B | $3.96B | $3.78B | $4.08B | $3.95B | $3.94B | $3.93B | $3.86B | $3.81B | $3.86B | $4.09B | $4.11B | $3.92B |
| QoQ Change | — | -6.7% | -12.5% | -5.1% | -5.8% | -7.2% | -16.0% | -5.9% | -3.5% | -4.6% | +8.1% | -3.3% | -0.2% | -0.2% | -1.9% | -1.3% | +1.4% | +6.0% | +0.6% | -4.6% |
| YoY Change | — | — | — | — | -27.0% | -27.4% | -30.3% | -30.8% | -29.1% | -27.2% | -6.3% | -3.7% | -0.4% | +4.2% | -5.5% | -3.6% | -2.1% | +3.9% | +6.6% | +3.1% |
Retirement and nonpension postretirement benefit obligations at Other Companies
Frequently Asked Questions
- What is Chevron's retirement and nonpension postretirement benefit obligations?
- Chevron (CVX) reported retirement and nonpension postretirement benefit obligations of $3.92B in Q1 2026.
- How has Chevron's retirement and nonpension postretirement benefit obligations changed year-over-year?
- Chevron's retirement and nonpension postretirement benefit obligations increased by 3.1% year-over-year, from $3.81B to $3.92B.
- What is the long-term trend for Chevron's retirement and nonpension postretirement benefit obligations?
- Over 5 years (2020 to 2025), Chevron's retirement and nonpension postretirement benefit obligations has grown at a -14.9% compound annual growth rate (CAGR), from $9.22B to $4.11B.
- What does retirement and nonpension postretirement benefit obligations mean?
- Long-term obligations for employee pension and retirement benefits.