Discontinued — last reported Q4 '20

Business Segments · Property, Plant and Equipment, Net

Downstream — Property, Plant and Equipment, Net

Analysis

StatementSegment
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ4 2018
Last reportedQ4 2020
Rolls up toPP&E (Net)

How to read this metric

A declining trend may indicate aging assets or high depreciation rates relative to new capital investment.

Detailed definition

The book value of the downstream segment's physical assets, calculated as the gross investment at cost minus accumulated...

Peer comparison

Standard balance sheet metric for segment asset valuation.

Metric ID: cvx_segment_downstream_property_plant_and_equipment_net

Frequently Asked Questions

What does downstream — property, plant and equipment, net mean?
The current accounting value of the downstream segment's physical assets after depreciation.