What are the major trends in the Balance sheet. At December 3120192018AssetsCash and cash equivalentsTime deposits$5,686$9,342950Marketable securities6353Accounts and notes receivable (less allowance: 2019 - $746; 2018 - $869)13,32515,050Inventories:Crude oil and petroleum productsChemicals3,7223,383492487Materials, supplies and other1,6341,8345,7042,922Total inventories5,848Prepaid expenses and other current assets3,40734,0211,94235,546Total Current Assets28,329Long-term receivables, net1,51138,688Investments and advancesProperties, plant and equipment, at costLess: Accumulated depreciation, depletion and amortization326,722340,244176,228171,037Properties, plant and equipment, netDeferred charges and other assets150,49410,532169,2076,7664,518Goodwill4,463Assets held for sale3,4111,863Total Assets$237,428$ 253,863Liabilities and EquityShort-term debt$3,282$Accounts payableAccrued liabilitiesFederal and other taxes on income5,72613,9534,9271,62814,1036,5891,5541,002Other taxes payable937Total Current Liabilities26,53027,171Long-term debt!Deferred credits and other noncurrent obligationsNoncurrent deferred income taxes28,73319,74215,9216,65423,69120,44513,688Noncurrent employee benefit plans7,866Total Liabilities?2$92,220$98,221Preferred stock (authorized 100,000,000 shares; $1.00 par value; none issued)Common stock (authorized 6,000,000,000 shares; $0.75 par value; 2,442,676,580 sharesissued at December 31, 2019 and 2018)1,8321,832Capital in excess of par valueRetained earningsAccumulated other comprehensive lossesDeferred compensation and benefit plan trustTreasury stock, at cost (2019 - 560,508,479 shares; 2018 - 539,838,890 shares)17,26517,112180,987(3,544)(240)(41,593)174,945(4,990)(240)(44,599)Total Chevron Corporation Stockholders' Equity144,213154,554Noncontrolling interests9951,088Total Equity145,208155,642Total Liabilities and Equity$237,428$253,863I Includes finance lease liabilities of $282 and $127 at December 31, 2019 and 2018, respectively2 Refer to Note 22, "Other Contingencies and Commitments" beginning on page 87.See accompanying Notes to the Consolidated Financial Statements.

Trend analysis is the type of analysis in which financial statements are compared with the base…

At December 31 2019 2018 Assets Cash and cash equivalents Time deposits Marketable securities Accounts and notes receivable (less allowance: 2019 - $746; 2018- $869) $ 5,686 2$ 9,342 950 63 53 13,325 15,050 Inventories: Crude oil and petroleum products Chemicals Materials, supplies and other 3,722 3,383 492 487 1,634 1,834 Total inventories 5,848 5,704 Prepaid expenses and other current assets 3,407 2,922 Total Current Assets 28,329 34,021 Long-term receivables, net Investments and advances 1,942 35,546 340,244 171,037 1,511 38,688 Properties, plant and equipment, at cost Less: Accumulated depreciation, depletion and amortization 326,722 176,228 Properties, plant and equipment, net Deferred charges and other assets Goodwill 150,494 169,207 10,532 4,463 3,411 6,766 4,518 1,863 Assets held for sale Total Assets $ 237,428 253,863 Liabilities and Equity 5,726 13,953 4,927 1,628 Short-term debt $ 3,282 2$ Accounts payable 14,103 Accrued liabilities 6,589 Federal and other taxes on income 1,554 Other taxes payable 1,002 937 27,171 28,733 Total Current Liabilities 26,530 Long-term debt! Deferred credits and other noncurrent obligations Noncurrent deferred income taxes 23,691 20,445 19,742 15,921 13,688 Noncurrent employee benefit plans 7,866 6,654 Total Liabilities $ 92,220 $ 98,221 Preferred stock (authorized 100,000,000 shares; $1.00 par value; none issued) Common stock (authorized 6,000,000,000 shares; $0.75 par value; 2,442,676,580 shares issued at December 31, 2019 and 2018) Capital in excess of par value Retained earnings Accumulated other comprehensive losses Deferred compensation and benefit plan trust Treasury stock, at cost (2019 - 560,508,479 shares; 2018 - 539,838,890 shares) 1,832 1,832 17,265 17,112 180,987 174,945 (4,990) (240) (44,599) (3,544) (240) (41,593) Total Chevron Corporation Stockholders' Equity 144,213 154,554 Noncontrolling interests 995 1,088 Total Equity 145,208 155,642 Total Liabilities and Equity $ 237,428 $ 253,863 I Includes finance lease liabilities of $282 and $127 at December 31, 2019 and 2018, respectively. 2 Refer to Note 22, "Other Contingencies and Commitments" beginning on page 87. See accompanying Notes to the Consolidated Financial Statements.