CHEVRON EMPLOYEE SAVINGS INVESTMENT PLAN
STATEMENT OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS
YEAR ENDED DECEMBER 31, 2019
(thousands of dollars)
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Additions
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|
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|
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Contributions:
|
|
|
|
|
|
|
|
|
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Employer contributions
|
|
|
|
|
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$
|
283,596
|
|
|
|
Participant contributions
|
|
|
|
|
|
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346,866
|
|
|
|
Participant rollovers
|
|
|
|
|
|
|
87,637
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|
|
|
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Total contributions
|
|
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|
|
|
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718,099
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|
|
|
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|
|
|
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Investment income
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|
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|
|
|
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Net depreciation in fair value of investments
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2,708,416
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|
|
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Dividends
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|
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402,761
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Interest
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|
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18,638
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|
|
|
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Total investment income
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|
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3,129,815
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|
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Interest on notes receivable from participants
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4,071
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|
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|
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|
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|
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Total additions
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3,851,985
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Deductions
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Distribution to participants
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2,043,143
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Administrative fees
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|
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|
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3,752
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|
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Total deductions
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2,046,895
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Transfer due from Pasadena Refining
System Inc. Employees' Savings Plan
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34,522
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Net increase
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1,839,612
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Net assets available for benefits:
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Beginning of year
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16,938,877
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End of year
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$
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18,778,489
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The accompanying notes are an integral part of these financial statements.
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CHEVRON EMPLOYEE SAVINGS INVESTMENT PLAN
NOTES TO FINANCIAL STATEMENTS
DECEMBER 31, 2019 AND 2018
NOTE 1 - Description of the Plan
The following description of the Chevron Employee Savings Investment Plan (ESIP or the Plan), provides only general information. Participants should refer to the Plan document or Summary Plan Description for a more complete description of the Plan’s provisions.
The Plan is a defined contribution plan that is intended to be a qualified profit-sharing plan under section 401(a) of the Internal Revenue Code of 1986 (the Code), as amended, a qualified cash or deferred arrangement under section 401(k) of the Code, and, effective December 1, 1989, to include a leveraged Employee Stock Ownership Plan (ESOP) qualified under section 4975(e)(7) of the Code.
Plan Sponsor/Administrator. Chevron Corporation (the Corporation) is the Plan Sponsor and the Plan Administrator of the ESIP. It has the authority to appoint one or more trustees to hold the assets of the Plan and to appoint a recordkeeper. In its capacity as fiduciary, the Corporation makes such rules, regulations and computations and takes whatever action is necessary to administer the Plan in accordance with provisions of the Code and the Employee Retirement Income Security Act of 1974 (ERISA), as amended.
Eligibility. Employees of the Corporation and each other participating company (Company) or employees who are represented by a labor organization that has bargained for and agreed to participation in the Plan are eligible to join the Plan if they are on the U.S. payroll.
Contributions. Participants may contribute up to 75 percent of regular pay as combined basic (1 or 2 percent) and supplemental (up to 73 percent) contributions. For 2019, the maximum contribution amount on a before-tax and Roth 401(k) basis was the annual Code limit of $19,000 for participants under age 50 and $25,000 for participants age 50 and up. The Plan has a fixed match feature. The Company will match 4 percent of regular pay on the first 1 percent of the participant’s basic contribution to the Plan or 8 percent of regular pay on the first 2 percent of the participant’s basic contribution to the Plan. Both participant and company match contributions to the Plan ceased when a participant reached regular pay of $280,000 for 2019.
The Company matching contribution is made in cash and distributed according to the participants’ current payroll deduction distribution elections. Participants may elect to receive dividends on shares in their Chevron Stock and Chevron ESOP accounts as a taxable distribution or reinvest the dividends into their Chevron Stock account.
Vesting. Employees are always fully vested in all contributions to their accounts, as well as the investment income earned from all contributions to the Plan.
CHEVRON EMPLOYEE SAVINGS INVESTMENT PLAN
NOTES TO FINANCIAL STATEMENTS
DECEMBER 31, 2019 AND 2018
NOTE 1 - Description of the Plan (Continued)
Participant Accounts. Contributions are invested in various investment options offered within the Plan. Employee contributions are comprised of basic and supplemental contributions and rollover contributions from other qualified retirement plans or from a rollover IRA, on a pre-tax, after-tax, or Roth 401(k) basis.
Trustee. Fidelity Management Trust Company and Fidelity Workplace Services, LLC are the Plan’s trustee and the recordkeeper, respectively (collectively referred herein as Fidelity). Fidelity also performs the custodial and administrator functions for the Dodge & Cox Income Separate Account (Separate Account). The trustee has the authority to manage the assets of the Plan in accordance with the terms of the service agreements.
Notes Receivable from Participants. The Plan loan provision allows participants to borrow funds from their Plan account, subject to certain restrictions and limitations. Participants may borrow up to the lesser of $50,000 or 50% of their total account balance or the value of the account(s) used to fund the loan. The minimum loan is $1,000. The minimum term for repayment of any loan is 6 months and the maximum term is 5 years. However, the maximum term for repayment of a loan to purchase the participant’s principal residence is 25 years. Loans bear a fixed rate of interest equal to 2 percent plus the average one-year jumbo certificate of deposit rate, as published in The Wall Street Journal on the last Wednesday of the preceding month. Interest rates charged during 2019 and 2018 ranged from 2.23% to 9.50%. Most loan repayments are made through payroll deductions and the principal and interest paid by the participants are reinvested in the participants’ accounts. Notes receivable from participants totaled $111,230,223 and $113,659,420 as of December 31, 2019 and 2018, respectively.
Plan Termination. The Corporation expects to continue the ESIP indefinitely but has the authority to amend or terminate the ESIP at any time. In the event of a plan termination, the trust fund shall continue until any previously unallocated assets of the Plan are allocated to accounts and distributed to participants or beneficiaries in accordance with applicable law and pursuant to written rules and procedures adopted by the Corporation prior to such termination. In addition, upon plan termination, neither the Corporation nor any other person shall have a liability or obligation to provide additional benefits. Participants or beneficiaries shall obtain benefits solely from the trust fund.
CHEVRON EMPLOYEE SAVINGS INVESTMENT PLAN
NOTES TO FINANCIAL STATEMENTS
DECEMBER 31, 2019 AND 2018
NOTE 1 - Description of the Plan (Continued)
Plan Expenses. In accordance with the Department of Labor’s (DOL) rules under ERISA section 408(b)(2), total all-in fees are disclosed by the service provider. In accordance with these DOL rules, recordkeeping and trustee fees are unbundled and paid by the participants. Other administrative expenses relating to the Plan, including audit fees and participant education retirement services are paid by the Plan to the extent Plan forfeiture funds or Interest Credit Account funds are sufficient. If not, such fees are paid by the Corporation. Certain Chevron employee and administrative costs are being reimbursed to the Corporation by the Plan.
NOTE 2 - Summary of Significant Accounting Policies
The following are the significant accounting policies followed by the Plan:
Basis of Accounting. The financial statements of the ESIP are presented on the accrual basis of accounting.
Investment Valuation and Income Recognition. Investments are reported at fair value, which is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Investments in the core and supplemental options are valued on each business day on which the New York Stock Exchange is open for trading to reflect contributions, distributions, income, expenses, gains and losses. The difference between cost and market value represents unrealized appreciation or depreciation as of the reporting date. The valuation of the underlying securities in Fidelity Brokerage Link are determined by Fidelity Brokerage Service daily.
Net appreciation (depreciation) in fair value of investments includes realized gains (losses) and unrealized appreciation (depreciation).
Realized gains (losses) on investments are based on sales proceeds less average cost. Sales and purchases between participants are included in realized gains (losses). Security purchases and sales are recorded as of the trade date for such transactions.
Dividend income earned on investments held and interest income earned on funds pending investment are recorded on an accrual basis.
Notes Receivable from Participants. Notes receivable from participants are measured at their unpaid principal balance plus any accrued but unpaid interest. Delinquent notes receivable from participants are reclassified as distributions based upon the terms of the Plan rules.
CHEVRON EMPLOYEE SAVINGS INVESTMENT PLAN
NOTES TO FINANCIAL STATEMENTS
DECEMBER 31, 2019 AND 2018
NOTE 2 - Summary of Significant Accounting Policies (Continued)
Use of Estimates. The preparation of financial statements in conformity with U.S. generally accepted accounting principles (GAAP) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.
NOTE 3 - Fair Value Measurements
The framework for measuring fair value provides a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (level 1 measurements) and the lowest priority to unobservable inputs (level 3 measurements). The three levels of the fair value hierarchy are described below:
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Level 1:
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Inputs to the valuation methodology are unadjusted quoted prices for identical assets or liabilities in active markets that the Plan has the ability to access.
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Level 2:
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Inputs to the valuation methodology include:
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•
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Quoted prices for similar assets or liabilities in active markets;
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•
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Quoted prices for identical or similar assets or liabilities in inactive markets;
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•
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Inputs other than quoted prices that are observable for the asset or liability; and
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•
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Inputs that are derived principally from or corroborated by observable market data by correlation or other means.
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Level 3: Inputs to the valuation methodology are unobservable and significant to the fair value measurement.
The asset’s or liability’s fair value measurement level within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement. Valuation techniques used need to maximize the use of observable inputs and minimize the use of unobservable inputs.
Following is a description of the valuation methodologies used for assets and liabilities measured at fair value. There have been no changes in the methodologies used at December 31, 2019 and 2018.
CHEVRON EMPLOYEE SAVINGS INVESTMENT PLAN
NOTES TO FINANCIAL STATEMENTS
DECEMBER 31, 2019 AND 2018
NOTE 3 - Fair Value Measurements (Continued)
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•
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Common and preferred stocks are valued at the closing price reported on the active market on which the individual securities are traded.
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•
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Shares of registered investment companies are valued at the net asset value of shares held by the Plan at year end.
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•
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Corporate bonds are valued at the closing price reported in the active market in which the bond is traded.
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•
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Collective investment funds are stated at fair value as determined by the issuers based on the unit values of the funds. Unit values are determined by dividing the fund’s net assets, which represents the unadjusted prices in active markets of the underlying investments, by the number of units outstanding at the valuation date.
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•
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Mortgages are valued on the basis of their future principal and interest payments discounted at prevailing interest rates for similar investments.
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•
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U.S. government securities are valued at the closing price reported in the active market in which the individual security is traded.
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•
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Asset-backed securities are priced based on a compilation of primarily observable market information.
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•
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Cash equivalents are valued at cost, which approximates fair value.
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•
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Investments in Fidelity BrokerageLink hold shares of registered investment companies.
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The methods described above may produce a fair value calculation that may not be indicative of net realizable value or reflective of future fair values. Furthermore, while the Plan believes its valuation methods are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different fair value measurement at the reporting date.
CHEVRON EMPLOYEE SAVINGS INVESTMENT PLAN
NOTES TO FINANCIAL STATEMENTS
DECEMBER 31, 2019 AND 2018
NOTE 3 - Fair Value Measurements (Continued)
The following tables set forth by level, within the fair value hierarchy, the Plan’s investments at fair value as of December 31, 2019 and 2018:
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Investments at Fair Value (in thousands) as of December 31, 2019
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Level 1
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Level 2
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Level 3
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Total
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Common stocks
|
$
|
6,556,685
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|
|
$
|
—
|
|
|
$
|
—
|
|
|
$
|
6,556,685
|
|
Registered investment companies
|
4,175,180
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|
|
—
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|
|
—
|
|
|
4,175,180
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|
Fidelity BrokerageLink
|
294,967
|
|
|
—
|
|
|
—
|
|
|
294,967
|
|
Collective investment funds
|
—
|
|
|
7,100,297
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|
|
—
|
|
|
7,100,297
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|
Separate Account:
|
|
|
|
|
|
|
|
Preferred stock
|
—
|
|
|
4,486
|
|
|
—
|
|
|
4,486
|
|
Corporate bonds
|
—
|
|
|
177,232
|
|
|
—
|
|
|
177,232
|
|
Mortgages
|
—
|
|
|
172,487
|
|
|
—
|
|
|
172,487
|
|
U.S. government securities
|
—
|
|
|
102,496
|
|
|
—
|
|
|
102,496
|
|
Asset-backed securities
|
—
|
|
|
25,581
|
|
|
—
|
|
|
25,581
|
|
Cash equivalents
|
—
|
|
|
16,423
|
|
|
—
|
|
|
16,423
|
|
Receivables
|
—
|
|
|
4,580
|
|
|
—
|
|
|
4,580
|
|
Liabilities
|
—
|
|
|
(1,138
|
)
|
|
—
|
|
|
(1,138
|
)
|
|
—
|
|
|
502,147
|
|
|
—
|
|
|
502,147
|
|
|
|
|
|
|
|
|
|
Total investments, at fair value
|
$
|
11,026,832
|
|
|
$
|
7,602,444
|
|
|
$
|
—
|
|
|
$
|
18,629,276
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Investments at Fair Value (in thousands) as of December 31, 2018
|
|
Level 1
|
|
Level 2
|
|
Level 3
|
|
Total
|
|
|
|
|
|
|
|
|
Common stocks
|
$
|
6,391,667
|
|
|
$
|
—
|
|
|
$
|
—
|
|
|
$
|
6,391,667
|
|
Registered investment companies
|
4,613,893
|
|
|
—
|
|
|
—
|
|
|
4,613,893
|
|
Fidelity BrokerageLink
|
253,655
|
|
|
—
|
|
|
—
|
|
|
253,655
|
|
Collective investment funds
|
—
|
|
|
5,130,231
|
|
|
—
|
|
|
5,130,231
|
|
Separate Account:
|
|
|
|
|
|
|
|
Preferred stock
|
—
|
|
|
4,277
|
|
|
—
|
|
|
4,277
|
|
Corporate bonds
|
—
|
|
|
177,500
|
|
|
—
|
|
|
177,500
|
|
Mortgages
|
—
|
|
|
156,534
|
|
|
—
|
|
|
156,534
|
|
U.S. government securities
|
—
|
|
|
66,079
|
|
|
—
|
|
|
66,079
|
|
Asset-backed securities
|
—
|
|
|
22,559
|
|
|
—
|
|
|
22,559
|
|
Cash equivalents
|
—
|
|
|
6,340
|
|
|
—
|
|
|
6,340
|
|
Receivables
|
—
|
|
|
3,783
|
|
|
—
|
|
|
3,783
|
|
Liabilities
|
—
|
|
|
(1,849
|
)
|
|
—
|
|
|
(1,849
|
)
|
|
—
|
|
|
435,223
|
|
|
—
|
|
|
435,223
|
|
|
|
|
|
|
|
|
|
Total investments, at fair value
|
$
|
11,259,215
|
|
|
$
|
5,565,454
|
|
|
$
|
—
|
|
|
$
|
16,824,669
|
|
CHEVRON EMPLOYEE SAVINGS INVESTMENT PLAN
NOTES TO FINANCIAL STATEMENTS
DECEMBER 31, 2019 AND 2018
NOTE 4 - Investments
At December 31, 2019 and 2018, the following broad range of investment options were available to participants:
Core Funds
|
|
|
|
Fund Name
|
|
Fund Type
|
Chevron Leveraged ESOP
|
|
Company Stock
|
Chevron Stock
|
|
Company Stock
|
Vanguard Federal Money Market Fund
|
|
Money Market
|
Vanguard Institutional Total Bond Market Index Trust
|
|
Fixed Income
|
Vanguard Short-Term Bond Index Fund
|
|
Fixed Income
|
Vanguard Institutional 500 Index Trust
|
|
Large-Cap Stock
|
Vanguard Institutional Total Stock Market Index Trust *
|
|
Growth and Income Stock
|
Vanguard Institutional Extended Market Trust
|
|
Small & Mid-Cap Growth Stock
|
Vanguard Developed Markets Index Fund
|
|
International Stock
|
Vanguard Small Cap Index Fund *
|
|
Small Cap Value Stock
|
Vanguard REIT Index Fund
|
|
Real Estate
|
Vanguard Emerging Markets Stock Index Fund
|
|
International Stock
|
Vanguard Total World Stock Index Fund *
|
|
Global Stock
|
SSgA US Inflations Protected Bond Fund
|
|
Fixed Income
|
* Fund no longer offered for investment effective July 16, 2019.
Target Date Retirement Funds
|
|
|
|
Fund Name
|
|
Fund Type
|
Vanguard Target Retirement Income Trust Select
|
|
Balanced
|
Vanguard Target Retirement 2015 Trust Select
|
|
Balanced
|
Vanguard Target Retirement 2020 Trust Select
|
|
Balanced
|
Vanguard Target Retirement 2025 Trust Select
|
|
Balanced
|
Vanguard Target Retirement 2030 Trust Select
|
|
Balanced
|
Vanguard Target Retirement 2035 Trust Select
|
|
Balanced
|
Vanguard Target Retirement 2040 Trust Select
|
|
Balanced
|
Vanguard Target Retirement 2045 Trust Select
|
|
Balanced
|
Vanguard Target Retirement 2050 Trust Select
|
|
Balanced
|
Vanguard Target Retirement 2055 Trust Select
|
|
Balanced
|
Vanguard Target Retirement 2060 Trust Select
|
|
Balanced
|
Vanguard Target Retirement 2065 Trust Select
|
|
Balanced
|
CHEVRON EMPLOYEE SAVINGS INVESTMENT PLAN
NOTES TO FINANCIAL STATEMENTS
DECEMBER 31, 2019 AND 2018
NOTE 4 - Investments (Continued)
Supplemental Funds
|
|
|
|
Fund Name
|
|
Fund Type
|
Dodge & Cox Income Separate Account
|
|
Fixed Income
|
Vanguard Windsor II Fund *
|
|
Large-Cap Value Stock
|
Vanguard PRIMECAP Fund
|
|
Large-Cap Growth Stock
|
American Funds EuroPacific Growth Fund ***
|
|
International Stock
|
Vanguard Value Index Fund **
|
|
Large-Cap Value Stock
|
Capital Group EuroPacific Growth Trust ***
|
|
International Stock
|
* Fund was no longer offered for investment effective July 16, 2019.
** Fund was added for investment effective July 16, 2019.
*** The Capital Group EuroPacific Growth Trust replaced the American Funds EuroPacific Growth Fund on
July 17, 2019.
Fidelity BrokerageLink
Through the Fidelity Brokerage Services, LLC, a participant may choose from approximately 10,000 mutual funds from Fidelity and other companies, and Exchange-Traded Funds that are not included in the core or supplemental investment funds. There is a no annual fee charged to participants who use this option. Within each fund offered in the Fidelity BrokerageLink, additional fees may be charged, either accrued within a fund’s pooled price or charged directly on deposits or withdrawals depending upon the investment.
NOTE 5 - Income Taxes
The Plan received a determination letter dated October 23, 2013 from the Internal Revenue Service (IRS) stating that the Plan is qualified with the applicable requirements of the Code. Once qualified, the Plan is required to operate in conformity with the Code to maintain its qualification. Subsequent to this issuance of the determination letter, the Plan was restated and amended. The Corporation believes the Plan is being operated in compliance with the applicable requirements of the Code and, therefore, believes that the Plan, as restated and amended, is qualified and the related trust is tax exempt.
The Corporation has reviewed the Plan’s administrative procedures and is of the opinion that they are in accordance with technical compliance requirements of ERISA.
GAAP requires Plan management to evaluate tax positions taken by the Plan and recognize a tax liability (or asset) if the Plan has taken an uncertain tax position that would not meet the more likely than not standard and be-sustained upon examination by the IRS. The plan administrator has analyzed the tax positions taken by the Plan, and has concluded that as of
CHEVRON EMPLOYEE SAVINGS INVESTMENT PLAN
NOTES TO FINANCIAL STATEMENTS
DECEMBER 31, 2019 AND 2018
NOTE 5 - Income Taxes (continued)
December 31, 2019, there are no uncertain tax positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. The Plan is subject to routine audits by taxing jurisdictions. The Plan administrator believes it is no longer subject to income tax examinations for years prior to 2016.
NOTE 6 - Risks and Uncertainties
The Plan invests in various investment securities. Investment securities are exposed to various risks such as interest rate, market, and credit risks. Due to the level of risk associated with certain investment securities, it is at least reasonably possible that changes, both positive and negative, in the values of investment securities will occur in the near term and that such changes could materially affect participants’ account balances and the amounts reported in the statement of net assets available for benefits.
As of June 17, 2020, the price of the Corporation's common stock was $91.54 per share which represents a 24% decrease from the price of the Corporation's common stock of $120.51 per share as of December 31, 2019.
NOTE 7 - Related Party Transactions
Plan investments include a Separate Account managed by Fidelity and shares of common stock of the Corporation. Transactions with Fidelity, as the trustee and recordkeeper, and the Corporation, as the Plan Sponsor and Plan Administrator, qualify as party-in-interest transactions.
NOTE 8 - Plan Merger
Effective December 31, 2019, the Pasadena Refining System, Inc. Employees Savings Plan (PRSI Plan) merged into the Plan. Total investments of $35,692,606 and notes receivable from participants of $645,075 were transferred from the PRSI Plan to this Plan as of December 31, 2019. Of the total investments transferred by T. Rowe Price Trust Company (trustee of the PRSI Plan), $1,816,001 in TRP Stable Value N Fund was received by Fidelity as of December 31, 2019, and $33,876,605 in various Target Date Retirement Funds according to the Transfer Instructions were physically received by Fidelity on January 2, 2020.
CHEVRON EMPLOYEE SAVINGS INVESTMENT PLAN
NOTES TO FINANCIAL STATEMENTS
DECEMBER 31, 2019 AND 2018
NOTE 9 - Subsequent Events
In preparing the Plan’s financial statements, subsequent events and transactions have been evaluated for potential recognition. Plan management determined that there are no subsequent events or transactions that require disclosure to or adjustment in the financial statements except as disclosed below:
|
|
•
|
Chevron adopted the following benefit plan provisions of the March 2020 Coronavirus Aid, Relief, and Economic Security Act (CARES):
|
|
|
–
|
Added an in-service withdrawal option for “coronavirus-related distributions” of up to $100,000. Participants may repay all or a portion of distributions within three years, and repayments will not count toward annual contribution limits. Distributions under this option will not have tax withheld, and for those under 59 ½, will not be subject to a 10% early withdrawal penalty.
|
|
|
–
|
Increase limit on “coronavirus-related loans” to $100,000 (from $50,000) or 100% (from 50%) of the present value of the participant’s vested benefit, during the 180-day period from March 27, 2020 through September 23, 2020.
|
|
|
–
|
Waive required minimum distributions otherwise due to be made in 2020.
|
|
|
•
|
As a result of the spread of the COVID-19 coronavirus, economic uncertainties have arisen which are likely to negatively impact the Plan. However, the related financial impact and duration cannot be reasonably estimated at this time.
|
CHEVRON EMPLOYEE SAVINGS INVESTMENT PLAN
EIN 94-0890210 PLAN NO. 001
SCHEDULE H - PART IV, LINE 4(i) - SCHEDULE OF ASSETS HELD
DECEMBER 31, 2019
(thousands of dollars)
|
|
|
|
|
|
|
|
|
|
|
(a)
|
|
|
(b)
|
|
(c)
|
|
|
(e)
|
|
|
|
|
|
|
Description of Investment Including
|
|
|
|
|
|
Identity of Issue, Borrower,
|
|
|
Maturity Date, Rate of Interest,
|
|
|
|
|
|
Lessor, or Similar Party
|
|
|
Collateral, Par, or Maturity Value
|
|
|
Current Value
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
COMMON STOCK
|
|
|
|
|
|
|
*
|
|
Chevron Corporation
|
|
|
Common Stock
|
|
|
$
|
6,556,685
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
TOTAL COMMON STOCK
|
|
|
|
|
6,556,685
|
|
|
|
|
|
|
|
|
|
|
|
|
|
REGISTERED INVESTMENT COMPANIES
|
|
|
|
|
|
|
*
|
|
Vanguard PRIMECAP Fund
|
|
|
|
|
|
1,366,805
|
|
*
|
|
Vanguard Federal Money Market Fund
|
|
|
|
|
|
1,039,747
|
|
*
|
|
Vanguard Developed Markets Index Fund
|
|
|
|
|
|
520,517
|
|
*
|
|
Vanguard Short-Term Bond Fund Index
|
|
|
|
|
|
236,963
|
|
*
|
|
Vanguard REIT Index Fund
|
|
|
|
|
|
132,772
|
|
*
|
|
Vanguard Value Index Fund
|
|
|
|
|
|
684,947
|
|
*
|
|
Vanguard Emerging Market Stock Index Fund
|
|
|
|
|
|
193,429
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
TOTAL REGISTERED INVESTMENT COMPANIES
|
|
|
|
|
|
4,175,180
|
|
|
|
|
|
|
|
|
|
|
|
*
|
|
FIDELITY BROKERAGELINK
|
|
|
|
|
|
294,967
|
|
|
|
|
|
|
|
|
|
|
|
|
|
COLLECTIVE INVESTMENT FUNDS
|
|
|
|
|
|
*
|
|
Capital Group EuropPacific Growth Trust
|
|
|
463,828
|
|
*
|
|
Vanguard Institutional 500 Index Trust
|
|
|
2,861,541
|
|
*
|
|
Vanguard Institutional Total Bond Market Index Trust
|
|
|
869,337
|
|
*
|
|
Vanguard Institutional Extended Market Trust
|
|
|
1,313,399
|
|
*
|
|
Vanguard Target Date Retirement Trust Select
|
|
|
64,701
|
|
*
|
|
Vanguard Target Date Retirement Trust 2015 Select
|
|
|
88,718
|
|
*
|
|
Vanguard Target Date Retirement Trust 2020 Select
|
|
|
294,453
|
|
*
|
|
Vanguard Target Date Retirement Trust 2025 Select
|
|
|
312,226
|
|
*
|
|
Vanguard Target Date Retirement Trust 2030 Select
|
|
|
189,108
|
|
*
|
|
Vanguard Target Date Retirement Trust 2035 Select
|
|
|
145,554
|
|
*
|
|
Vanguard Target Date Retirement Trust 2040 Select
|
|
|
130,457
|
|
*
|
|
Vanguard Target Date Retirement Trust 2045 Select
|
|
|
127,849
|
|
*
|
|
Vanguard Target Date Retirement Trust 2050 Select
|
|
|
89,848
|
|
*
|
|
Vanguard Target Date Retirement Trust 2055 Select
|
|
|
44,793
|
|
*
|
|
Vanguard Target Date Retirement Trust 2060 Select
|
|
|
22,897
|
|
*
|
|
Vanguard Target Date Retirement Trust 2065 Select
|
|
|
5,758
|
|
|
|
T. Rowe Price Stable Value N
|
|
|
1,816
|
|
|
|
SSgA Inflation Prot Bond Index
|
|
|
74,014
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
TOTAL COLLECTIVE INVESTMENT FUNDS
|
|
|
|
|
|
7,100,297
|
|
|
|
|
|
|
|
|
|
|
|
|
|
SEPARATE ACCOUNT
|
|
|
|
|
|
Preferred Stock
|
|
|
|
|
|
|
Citigroup
|
|
|
Capital XIII Preferred Stock 7.875%
|
|
|
4,486
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Corporate Bonds
|
|
|
|
|
|
|
|
|
|
AT&T Inc
|
|
|
4.750% 5/15/2046
|
|
|
536
|
|
|
|
|
AT&T Inc
|
|
|
5.650% 2/15/2047
|
|
|
604
|
|
|
|
|
AT&T Inc
|
|
|
4.500% 3/9/2048
|
|
|
2,041
|
|
|
|
|
AT&T Inc
|
|
|
8.750% 11/15/2031
|
|
|
1,166
|
|
|
|
|
AT&T Inc
|
|
|
5.350% 9/1/2040
|
|
|
674
|
|
|
|
|
Abbvie Inc
|
|
|
4.050% 11/21/2039 144A
|
|
|
1,242
|
|
|
|
|
Abbvie Inc
|
|
|
4.250% 11/21/2049 144A
|
|
|
631
|
|
|
|
|
Abbvie Inc
|
|
|
3.200% 11/21/2029 144A
|
|
|
1,983
|
|
|
|
|
|
|
|
|
|
|
|
CHEVRON EMPLOYEE SAVINGS INVESTMENT PLAN
EIN 94-0890210 PLAN NO. 001
SCHEDULE H - PART IV, LINE 4(i) - SCHEDULE OF ASSETS HELD
DECEMBER 31, 2019
(thousands of dollars)
|
|
|
|
|
|
|
|
|
|
|
(a)
|
|
|
(b)
|
|
(c)
|
|
|
(e)
|
|
|
|
|
|
|
Description of Investment Including
|
|
|
|
|
|
Identity of Issue, Borrower,
|
|
|
Maturity Date, Rate of Interest,
|
|
|
|
|
|
Lessor, or Similar Party
|
|
|
Collateral, Par, or Maturity Value
|
|
|
Current Value
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
BNP PARIBAS
|
|
|
4.375% 5/12/2026 144A
|
|
|
$
|
2,146
|
|
|
|
|
Burlington North Santa Fe
|
|
|
5.720% 1/15/2024
|
|
|
102
|
|
|
|
|
BNP Paribas US Mtn Sr Prg LLC
|
|
|
4.250% 10/15/2024
|
|
|
3,028
|
|
|
|
|
BNP Paribas
|
|
|
4.375% 9/28/2025 144A
|
|
|
726
|
|
|
|
|
BNP Paribas US Mtn Sr Prg LLC
|
|
|
4.625% 3/13/2027 14
|
|
|
847
|
|
|
|
|
BNSF RY
|
|
|
5.629% 4/1/2024
|
|
|
126
|
|
|
|
|
BNSF Railway Co
|
|
|
5.996% 4/1/2024
|
|
|
285
|
|
|
|
|
Bank of America Funding Corp
|
|
|
4.200% 8/26/2024
|
|
|
429
|
|
|
|
|
Bank of America Funding Corp
|
|
|
4.250% 10/22/2026
|
|
|
2,207
|
|
|
|
|
Bank Of America Corporation
|
|
|
3.004%/VAR 12/20/2023
|
|
|
3,513
|
|
|
|
|
Bank One Corp
|
|
|
8.750% 9/1/2030
|
|
|
656
|
|
|
|
|
Barclays PLC (Ungtd)
|
|
|
4.375% 9/11/2024
|
|
|
1,128
|
|
|
|
|
Barclays PLC (Ungtd)
|
|
|
4.836% 5/9/2028
|
|
|
1,212
|
|
|
|
|
Bayer Us Fin Ii Llc
|
|
|
4.250% 12/15/2025 144A
|
|
|
755
|
|
|
|
|
Bayer Us Fin Ii Llc
|
|
|
4.375% 12/15/2028 144A
|
|
|
1,663
|
|
|
|
|
Boston PPTY Ltd Mtn
|
|
|
4.125% 5/2021
|
|
|
977
|
|
|
|
|
Boston PPTY Ltd Mtn
|
|
|
3.650% 2/1/2026
|
|
|
1,482
|
|
|
|
|
Burlington No 99-2
|
|
|
7.570% 1/2/2021
|
|
|
11
|
|
|
|
|
Burlington No
|
|
|
3.050% 9/1/2022
|
|
|
591
|
|
|
|
|
Burlington No
|
|
|
3.850% 9/1/2023
|
|
|
504
|
|
|
|
|
Cemex Finance LLC
|
|
|
6.000% 4/1/2024 144A
|
|
|
984
|
|
|
|
|
Cigna Corp
|
|
|
3.750% 7/15/2023
|
|
|
2,358
|
|
|
|
|
Cigna Corp
|
|
|
4.125% 11/15/2025
|
|
|
461
|
|
|
|
|
Cigna Corp
|
|
|
4.375% 10/15/2028
|
|
|
1,079
|
|
|
|
|
Cigna Corp
|
|
|
7.650% 3/1/2023 144A
|
|
|
310
|
|
|
|
|
Cigna Corp
|
|
|
7.875% 5/15/2027 144A
|
|
|
303
|
|
|
|
|
CRH Amer Inc
|
|
|
3.875% 5/18/2025 144A
|
|
|
1,254
|
|
|
|
|
CSX Transportation Inc
|
|
|
9.750% 6/15/2020
|
|
|
103
|
|
|
|
|
CSX Transportation Inc
|
|
|
6.251% 1/15/2023
|
|
|
115
|
|
|
|
|
CVS Health Corp
|
|
|
4.100% 3/25/2025
|
|
|
483
|
|
|
|
|
CVS Health Corp
|
|
|
4.300% 3/25/2028
|
|
|
1,419
|
|
|
|
|
CVS Health Corp
|
|
|
4.780% 3/25/2038
|
|
|
595
|
|
|
|
|
Capital One Financial Corp
|
|
|
3.500% 6/2023 WI
|
|
|
857
|
|
|
|
|
Capital One Financial Corp
|
|
|
4.200% 10/29/2025
|
|
|
1,240
|
|
|
|
|
Capital One Financial Corp
|
|
|
3.900% 1/29/2024
|
|
|
821
|
|
|
|
|
Cemex Sab De CV
|
|
|
6.125% 5/5/2025 144A
|
|
|
2,938
|
|
|
|
|
Charter Comm Oper Llc/Cap Corp
|
|
|
6.484% 10/23/2045
|
|
|
6,491
|
|
|
|
|
Charter Comm Oper Llc/Cap Corp
|
|
|
5.375% 5/1/2047
|
|
|
979
|
|
|
|
|
Charter Comm Oper Llc/Cap Corp
|
|
|
5.750% 4/1/2048
|
|
|
1,106
|
|
|
|
|
Cox Communications Inc
|
|
|
NEW 3.350% 9/15/26 144A
|
|
|
3,251
|
|
|
|
|
Cox Communications Inc
|
|
|
NEW 3.500% 8/15/2027 144A
|
|
|
1,567
|
|
|
|
|
Dillards Inc
|
|
|
7.750% 7/15/2026
|
|
|
237
|
|
|
|
|
Dillards Inc
|
|
|
7.750% 5/15/2027
|
|
|
143
|
|
|
|
|
Dillards Inc
|
|
|
7.000% 12/1/2028
|
|
|
311
|
|
|
|
|
Disney (Walt) Co
|
|
|
6.200% 12/15/2034
|
|
|
98
|
|
|
|
|
Disney (Walt) Co
|
|
|
6.650% 11/15/2037
|
|
|
1,156
|
|
|
|
|
Dominion Resource Inc
|
|
|
VA NEW STEP 4/1/2021
|
|
|
410
|
|
|
|
|
Dominion Resource Inc
|
|
|
5.750% VAR 10/1/2054
|
|
|
2,236
|
|
|
|
|
Dominion Energy Inc
|
|
|
2.579% 7/1/2020
|
|
|
326
|
|
|
|
|
Dow Chemical Co
|
|
|
7.375% 11/1/2029
|
|
|
636
|
|
|
|
|
Dow Chemical Co
|
|
|
9.400% 5/2039
|
|
|
2,784
|
|
|
|
|
ERP Operating LP
|
|
|
4.625% 12/15/2021
|
|
|
755
|
|
|
|
|
ERP Operating LP
|
|
|
3.000% 4/15/2023
|
|
|
643
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
CHEVRON EMPLOYEE SAVINGS INVESTMENT PLAN
EIN 94-0890210 PLAN NO. 001
SCHEDULE H - PART IV, LINE 4(i) - SCHEDULE OF ASSETS HELD
DECEMBER 31, 2019
(thousands of dollars)
|
|
|
|
|
|
|
|
|
|
|
(a)
|
|
|
(b)
|
|
(c)
|
|
|
(e)
|
|
|
|
|
|
|
Description of Investment Including
|
|
|
|
|
|
Identity of Issue, Borrower,
|
|
|
Maturity Date, Rate of Interest,
|
|
|
|
|
|
Lessor, or Similar Party
|
|
|
Collateral, Par, or Maturity Value
|
|
|
Current Value
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
ERP Operating LP
|
|
|
2.850% 11/1/2026
|
|
|
$
|
897
|
|
|
|
|
Turlock Corp
|
|
|
2.750% 11/2/2022
|
|
|
663
|
|
|
|
|
Elanco Animal Health Inc Var
|
|
|
4.272% 8/28/2023
|
|
|
264
|
|
|
|
|
Elanco Animal Health Inc Var
|
|
|
3.912% 8/27/2021
|
|
|
256
|
|
|
|
|
Elanco Animal Health Inc Var
|
|
|
4.900% 8/28/2028
|
|
|
625
|
|
|
|
|
Enel Finance Intl NV Company
|
|
|
6.800% 9/15/2037 144A
|
|
|
1,727
|
|
|
|
|
Enel Finance Intl NV Company
|
|
|
6.000% 10/7/2039 144A
|
|
|
1,760
|
|
|
|
|
Fed Express
|
|
|
6.720% 7/15/2023
|
|
|
72
|
|
|
|
|
Ford Motor Credit Co LLC
|
|
|
8.125% 1/15/2020
|
|
|
301
|
|
|
|
|
Ford Motor Credit Co LLC
|
|
|
5.875% 8/2/2021
|
|
|
3,454
|
|
|
|
|
Ford Motor Credit Co LLC
|
|
|
4.375% 8/6/2023
|
|
|
468
|
|
|
|
|
Ford Motor Credit Co LLC
|
|
|
4.140% 2/15/2023
|
|
|
1,080
|
|
|
|
|
Ford Motor Credit Co LLC
|
|
|
3.813% 10/12/2021
|
|
|
916
|
|
|
|
|
Ford Motor Credit Co LLC
|
|
|
5.596% 1/7/2022
|
|
|
1,027
|
|
|
|
|
HCA Inc
|
|
|
4.125% 6/15/2029
|
|
|
689
|
|
|
|
|
HCA Inc
|
|
|
5.250% 6/15/2049
|
|
|
1,143
|
|
|
|
|
HSBC Holdings Plc
|
|
|
6.500% 5/2/2036
|
|
|
2,537
|
|
|
|
|
HSBC Holdings Plc
|
|
|
6.500% 9/15/2037
|
|
|
2,510
|
|
|
|
|
HSBC Holdings Plc
|
|
|
5.100% 4/5/2021
|
|
|
534
|
|
|
|
|
HSBC Holdings Plc
|
|
|
4.300% 3/8/2026
|
|
|
435
|
|
|
|
|
HSBC Holdings Plc
|
|
|
3.600% 5/25/2023
|
|
|
1,329
|
|
|
|
|
Imperial Tobacco Finance
|
|
|
3.875% 7/26/2029 144A
|
|
|
1,209
|
|
|
|
|
Imperial Tobacco Finance
|
|
|
4.250% 7/21/2025 144A
|
|
|
4,718
|
|
|
|
|
JPMorgan Chase & Co
|
|
|
3.875% 9/10/2024
|
|
|
909
|
|
|
|
|
JPMorgan Chase & Co
|
|
|
4.250% 10/1/2027
|
|
|
1,963
|
|
|
|
|
JPMorgan Chase & Co
|
|
|
3.797%/VAR 7/23/2024
|
|
|
2,186
|
|
|
|
|
Kinder Morgan Mtn
|
|
|
6.500% 9/1/2039
|
|
|
1,997
|
|
|
|
|
Kinder Morgan Energy
|
|
|
5.000% 3/1/2043
|
|
|
1,237
|
|
|
|
|
Kinder Morgan Inc Del
|
|
|
5.550% 6/1/2045
|
|
|
1,494
|
|
|
|
|
Lloyds Banking Group Plc
|
|
|
4.582% 12/10/2025
|
|
|
541
|
|
|
|
|
Lloyds Banking Group Plc
|
|
|
4.500% 11/4/2024
|
|
|
1,544
|
|
|
|
|
Lloyds Banking Group Plc
|
|
|
4.650% 3/24/2026
|
|
|
1,521
|
|
|
|
|
May Dept
|
|
|
6.700% 7/15/2034
|
|
|
940
|
|
|
|
|
Myriad Int Holding BV Company
|
|
|
6.000% 7/18/2020 144A
|
|
|
1,293
|
|
|
|
|
Myriad Int Holding BV Company
|
|
|
5.500% 7/21/2025 144A
|
|
|
3,215
|
|
|
|
|
Myriad Int Holding BV Company
|
|
|
4.850% 7/6/2027 144A
|
|
|
1,307
|
|
|
|
|
Nordstrom Inc
|
|
|
6.950% 3/15/2028
|
|
|
150
|
|
|
|
|
Occidental Petroleum Corp
|
|
|
3.200% 8/15/2026
|
|
|
278
|
|
|
|
|
Occidental Petroleum Corp
|
|
|
2.900% 8/15/2024
|
|
|
2,183
|
|
|
|
|
Pemex Proj Fdg Master Tr
|
|
|
6.625% 6/15/2035
|
|
|
1,458
|
|
|
|
|
Petrobras Global Finance Bv
|
|
|
6.900% 3/19/2049
|
|
|
851
|
|
|
|
|
Petrobras Global Finance Bv
|
|
|
5.093% 1/15/2030 144A
|
|
|
1,892
|
|
|
|
|
Petroleos Mexicanos Company
|
|
|
6.375% 1/23/2045
|
|
|
1,213
|
|
|
|
|
Petroleos Mexicanos Company
|
|
|
6.875% 8/4/2026
|
|
|
933
|
|
|
|
|
Petroleos Mexicanos Company
|
|
|
6.750% 9/21/2047
|
|
|
656
|
|
|
|
|
Petroleos Mexicanos Company
|
|
|
6.500% 3/13/2027
|
|
|
2,437
|
|
|
|
|
Petroleos Mexicanos Company
|
|
|
6.350% 2/12/2048
|
|
|
1,880
|
|
|
|
|
Provident Company
|
|
|
7.250% 3/15/2028
|
|
|
229
|
|
|
|
|
Relx Capital Company
|
|
|
3.500% 3/16/2023
|
|
|
831
|
|
|
|
|
Reed Elsevie
|
|
|
3.125% 10/2022
|
|
|
1,277
|
|
|
|
|
Rio Oil Finance Trust
|
|
|
7/6/2024 144A
|
|
|
2,791
|
|
|
|
|
Rio Oil Finance Trust
|
|
|
9.750% 1/6/2027 144A
|
|
|
1,935
|
|
|
|
|
Rio Oil Finance Trust
|
|
|
8.200% 4/6/2028 144A
|
|
|
1,397
|
|
|
|
|
|
|
|
|
|
|
|
CHEVRON EMPLOYEE SAVINGS INVESTMENT PLAN
EIN 94-0890210 PLAN NO. 001
SCHEDULE H - PART IV, LINE 4(i) - SCHEDULE OF ASSETS HELD
DECEMBER 31, 2019
(thousands of dollars)
|
|
|
|
|
|
|
|
|
|
|
(a)
|
|
|
(b)
|
|
(c)
|
|
|
(e)
|
|
|
|
|
|
|
Description of Investment Including
|
|
|
|
|
|
Identity of Issue, Borrower,
|
|
|
Maturity Date, Rate of Interest,
|
|
|
|
|
|
Lessor, or Similar Party
|
|
|
Collateral, Par, or Maturity Value
|
|
|
Current Value
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Royal Bk Scotlnd Grp Plc
|
|
|
6.000% 12/19/2023
|
|
|
$
|
1,223
|
|
|
|
|
Royal Bk Scotlnd Grp Plc
|
|
|
6.125% 12/15/2022
|
|
|
4,649
|
|
|
|
|
Telecom Italia Capital Company
|
|
|
7.200% 7/18/2036
|
|
|
504
|
|
|
|
|
Telecom Italia Capital Company
|
|
|
7.721% 6/4/2038
|
|
|
1,568
|
|
|
|
|
Telecom Italia Capital Company
|
|
|
5.303% 5/30/2024 144A
|
|
|
2,419
|
|
|
|
|
Time Warner Cable Inc Company
|
|
|
7.300% 7/1/2038
|
|
|
1,041
|
|
|
|
|
Time Warner Cable Inc Company
|
|
|
5.000% 2/1/2020
|
|
|
80
|
|
|
|
|
Time Warner Cable Inc Company
|
|
|
4.000% 9/1/2021
|
|
|
778
|
|
|
|
|
Transcanada Trust Company
|
|
|
5.625% VAR 5/20/2075
|
|
|
1,512
|
|
|
|
|
Transcanada Trust Company
|
|
|
5.875%/VAR 8/15/2076
|
|
|
484
|
|
|
|
|
Transcanada Trust Company
|
|
|
5.300%/VAR 3/15/2077
|
|
|
2,465
|
|
|
|
|
Transcanada Trust Company
|
|
|
5.500%/VAR 9/15/2079
|
|
|
1,810
|
|
|
|
|
Unum Corp
|
|
|
6.750% 12/15/2028
|
|
|
93
|
|
|
|
|
Ultrapar Internationl SA
|
|
|
5.250% 10/6/2026 144A
|
|
|
751
|
|
|
|
|
Ultrapar Internationl SA
|
|
|
5.250% 6/6/2029 144A
|
|
|
1,710
|
|
|
|
|
Unicredit Spa
|
|
|
7.296%/VAR 4/2/2034
|
|
|
2,614
|
|
|
|
|
UNION PAC 07-3
|
|
|
6.176% 1/2/2031
|
|
|
235
|
|
|
|
|
Union Pacific 6 Tr
|
|
|
5.866% 7/2/2030
|
|
|
313
|
|
|
|
|
Verizon Communications Inc
|
|
|
4.272% 1/15/2036
|
|
|
1,496
|
|
|
|
|
Vodafone Group Plc
|
|
|
7.000%/VAR 4/4/2079
|
|
|
1,936
|
|
|
|
|
Wells Fargo & Company
|
|
|
4.100% 6/3/2026
|
|
|
727
|
|
|
|
|
Wells Fargo & Company
|
|
|
4.300% 7/22/2027
|
|
|
1,752
|
|
|
|
|
Wells Fargo Bank Na
|
|
|
3.550% 8/14/2023
|
|
|
2,226
|
|
|
|
|
Xerox Corporporation
|
|
|
4.500% 5/2015/2021
|
|
|
1,561
|
|
|
|
|
Zoetis Inc
|
|
|
3.250% 2/1/2023
|
|
|
1,106
|
|
|
|
|
Zoetis Inc
|
|
|
3.450% 11/13/2020
|
|
|
455
|
|
|
|
|
Zoetis Inc
|
|
|
4.500% 11/13/2025
|
|
|
858
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Corporate Bonds
|
|
|
|
|
|
177,232
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Mortgages Backed Securities
|
|
|
|
|
|
|
|
|
|
Federal Home Loan Mtg
|
|
|
MLT CTF GT VAR 12/15/2043
|
|
|
521
|
|
|
|
|
Federal Home Loan Mtg
|
|
|
MLT CTF GT VAR 3/15/2044
|
|
|
1,056
|
|
|
|
|
Federal Natl Mtg Assn
|
|
|
GTD REM PA 1ML+ 12/25/2043
|
|
|
513
|
|
|
|
|
Federal Natl Mtg Assn
|
|
|
GTD REM PA 5.000% 5/25/2037
|
|
|
211
|
|
|
|
|
Federal Natl Mtg Assn
|
|
|
GTD REM PA 3.500% 12/25/2030
|
|
|
1,720
|
|
|
|
|
FHLG
|
|
|
5.500% 1/2035 #G01749
|
|
|
31
|
|
|
|
|
FHLG
|
|
|
6.500% 12/2032 #G01767
|
|
|
24
|
|
|
|
|
FHLG
|
|
|
6.000% 2/2035 #G01777
|
|
|
1,021
|
|
|
|
|
FHLG
|
|
|
5.500% 3/2034 #G01665
|
|
|
70
|
|
|
|
|
FHLG
|
|
|
6.500% 10/2026 #G30305
|
|
|
16
|
|
|
|
|
FHLG
|
|
|
15YR 6.000% 8/2021 #G12277
|
|
|
4
|
|
|
|
|
FHLG
|
|
|
15YR 5.500% 10/1/2020#
|
|
|
3
|
|
|
|
|
FHLG
|
|
|
30YR 6.500% 3/1/2038#
|
|
|
48
|
|
|
|
|
FHLG
|
|
|
7.000% 11/2038 #G05603
|
|
|
12
|
|
|
|
|
FHLG
|
|
|
30YR 5.500% 7/1/2035#
|
|
|
48
|
|
|
|
|
FHLG
|
|
|
6.000% 1/2038 #G06238
|
|
|
40
|
|
|
|
|
FHLG
|
|
|
6.000% 2/2039 #G06570
|
|
|
54
|
|
|
|
|
FHLG
|
|
|
6.000% 1/2039 #G06932
|
|
|
496
|
|
|
|
|
FHLG
|
|
|
5.500% 1/2040 #G07074
|
|
|
759
|
|
|
|
|
FHLG
|
|
|
30YR 4.500% 9/1/2041#G07568
|
|
|
1,054
|
|
|
|
|
FHLG
|
|
|
30YR 4.500% 11/1/2043#G07596
|
|
|
602
|
|
|
|
|
FHLG
|
|
|
15YR 6.000% 11/1/2023#
|
|
|
15
|
|
|
|
|
|
|
|
|
|
|
|
CHEVRON EMPLOYEE SAVINGS INVESTMENT PLAN
EIN 94-0890210 PLAN NO. 001
SCHEDULE H - PART IV, LINE 4(i) - SCHEDULE OF ASSETS HELD
DECEMBER 31, 2019
(thousands of dollars)
|
|
|
|
|
|
|
|
|
|
|
(a)
|
|
|
(b)
|
|
(c)
|
|
|
(e)
|
|
|
|
|
|
|
Description of Investment Including
|
|
|
|
|
|
Identity of Issue, Borrower,
|
|
|
Maturity Date, Rate of Interest,
|
|
|
|
|
|
Lessor, or Similar Party
|
|
|
Collateral, Par, or Maturity Value
|
|
|
Current Value
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
FHLG
|
|
|
15YR 6.000% 3/2023 #G13346
|
|
|
$
|
11
|
|
|
|
|
FHLG
|
|
|
15YR 6.000% 2/2022 #G12758
|
|
|
9
|
|
|
|
|
FHLG
|
|
|
30YR 4.500% 6/1/2047#G08768
|
|
|
2,282
|
|
|
|
|
FHLG
|
|
|
30YR 4.500% 5/1/2048#G08818
|
|
|
5,640
|
|
|
|
|
FHLG
|
|
|
30YR 4.500% 8/1/2048#G08832
|
|
|
4,588
|
|
|
|
|
FHLG
|
|
|
20YR 4.000% 11/1/2035#C91857
|
|
|
718
|
|
|
|
|
FHLG
|
|
|
20YR 3.500% 10/1/2035#C91853
|
|
|
1,094
|
|
|
|
|
FHLG
|
|
|
15YR 5.000% 8/2023#J08788
|
|
|
125
|
|
|
|
|
FHLG
|
|
|
6.500% 9/2037 #H09070
|
|
|
3
|
|
|
|
|
FHLG
|
|
|
6.000% 6/2038 #H09203
|
|
|
6
|
|
|
|
|
FHLG
|
|
|
15YR 3.500% 6/1/2034#SB0019
|
|
|
5,222
|
|
|
|
|
FHLG
|
|
|
30YR 4.500% 3/2047#V83108
|
|
|
1,720
|
|
|
|
|
FHLG
|
|
|
30YR 4.500% 10/1/2048#V84757
|
|
|
3,247
|
|
|
|
|
FHLG
|
|
|
30YR 4.500% 2/1/2049#Q61549
|
|
|
5,637
|
|
|
|
|
FHLG
|
|
|
30YR 4.500% 6/1/2047#Q48869
|
|
|
1,648
|
|
|
|
|
FHLG
|
|
|
30YR 4.500% 2/2045#G60034
|
|
|
891
|
|
|
|
|
FHLG
|
|
|
30YR 4.500% 3/2047#G61080
|
|
|
5,895
|
|
|
|
|
FHLM
|
|
|
ARM 3.326% 9/2033 #1B1150
|
|
|
34
|
|
|
|
|
FHLM
|
|
|
ARM 2.740% 4/2036 #847671
|
|
|
16
|
|
|
|
|
FHLM
|
|
|
ARM 2.370% 1/2036 #1H2581
|
|
|
23
|
|
|
|
|
FHLM
|
|
|
ARM 2.600% 3/2037 #1G2667
|
|
|
10
|
|
|
|
|
FHLM
|
|
|
ARM 5.310% 7/2037 #1G2080
|
|
|
30
|
|
|
|
|
FHLM
|
|
|
ARM 5.230% 2/2038 #1Q0479
|
|
|
21
|
|
|
|
|
FHLM
|
|
|
ARM 4.930% 6/2038 #1Q0556
|
|
|
17
|
|
|
|
|
FHLM
|
|
|
ARM 4.910% 4/2038 #1Q0557
|
|
|
20
|
|
|
|
|
FHLM
|
|
|
ARM 5.090% 4/2038 #1Q0558
|
|
|
31
|
|
|
|
|
FHLM
|
|
|
ARM 0.000% 7/2038#1Q1400
|
|
|
137
|
|
|
|
|
FHLM
|
|
|
ARM 5.430% 10/2038 #848349
|
|
|
18
|
|
|
|
|
FHLM
|
|
|
ARM 2.540% 1/1/2042#849254
|
|
|
187
|
|
|
|
|
FHLM
|
|
|
ARM 0.000% 1/2045#849625
|
|
|
504
|
|
|
|
|
FHLM
|
|
|
ARM 0.000% 5/2044#2B2591
|
|
|
365
|
|
|
|
|
FHLM
|
|
|
ARM 2.896% 2/1/2045#2B3797
|
|
|
490
|
|
|
|
|
FHLM
|
|
|
ARM 0.000% 8/2046#840380
|
|
|
818
|
|
|
|
|
FHLM
|
|
|
ARM 0.000% 5/2045#840402
|
|
|
2,093
|
|
|
|
|
FHLM
|
|
|
ARM 2.370% 2/2034 #781274
|
|
|
22
|
|
|
|
|
FHLM
|
|
|
ARM 0.000% 9/2036#782735
|
|
|
115
|
|
|
|
|
FHMS
|
|
|
2016-K055 X1 VAR 3/2026
|
|
|
49
|
|
|
|
|
FHMS
|
|
|
K056 X1 CSTR 5/2026
|
|
|
20
|
|
|
|
|
FHMS
|
|
|
K057 X1 CSTR 7/2026
|
|
|
638
|
|
|
|
|
FHMS
|
|
|
2017-K065 X1 CSTR 4/2027
|
|
|
117
|
|
|
|
|
FHMS
|
|
|
K066 X1 CSTR 6/2027
|
|
|
113
|
|
|
|
|
FHMS
|
|
|
2017-K067 X1 CSTR 7/2027
|
|
|
238
|
|
|
|
|
FHMS
|
|
|
2019-K090 X1 VAR 2/2052
|
|
|
943
|
|
|
|
|
FHR
|
|
|
3312 AB 6.500% 6/2032
|
|
|
22
|
|
|
|
|
FNMA
|
|
|
7.000% 11/2037 #256985
|
|
|
26
|
|
|
|
|
FNMA
|
|
|
6.500% 2/2038 #310048
|
|
|
16
|
|
|
|
|
FNMA
|
|
|
6.000% 3/2033 #555285
|
|
|
51
|
|
|
|
|
FNMA
|
|
|
ARM 5.790% 11/2037 #AL0144
|
|
|
5
|
|
|
|
|
FNMA
|
|
|
ARM 5.125% 10/2038 #AL1043
|
|
|
24
|
|
|
|
|
FNMA
|
|
|
15YR 5.000% #AL2439
|
|
|
112
|
|
|
|
|
FNMA
|
|
|
15YR 4.500% #AL4147
|
|
|
226
|
|
|
|
|
FNMA
|
|
|
20YR 4.500% #AL4165
|
|
|
2,130
|
|
|
|
|
FNMA
|
|
|
ARM 0.000% 2/2044#AL4831
|
|
|
457
|
|
|
|
|
|
|
|
|
|
|
|
CHEVRON EMPLOYEE SAVINGS INVESTMENT PLAN
EIN 94-0890210 PLAN NO. 001
SCHEDULE H - PART IV, LINE 4(i) - SCHEDULE OF ASSETS HELD
DECEMBER 31, 2019
(thousands of dollars)
|
|
|
|
|
|
|
|
|
|
|
(a)
|
|
|
(b)
|
|
(c)
|
|
|
(e)
|
|
|
|
|
|
|
Description of Investment Including
|
|
|
|
|
|
Identity of Issue, Borrower,
|
|
|
Maturity Date, Rate of Interest,
|
|
|
|
|
|
Lessor, or Similar Party
|
|
|
Collateral, Par, or Maturity Value
|
|
|
Current Value
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
FNMA
|
|
|
ARM 2.990% 2/1/2044#AL4980
|
|
|
$
|
296
|
|
|
|
|
FNMA
|
|
|
ARM 2.569% 4/1/2044#AL5129
|
|
|
379
|
|
|
|
|
FNMA
|
|
|
30YR 4.500% #AL5441
|
|
|
652
|
|
|
|
|
FNMA
|
|
|
30YR 4.500% 7/1/2042#AL5749
|
|
|
792
|
|
|
|
|
FNMA
|
|
|
15YR 3.500% 9/1/2028#AL5931
|
|
|
347
|
|
|
|
|
FNMA
|
|
|
ARM 2.719% 10/1/2044#AL5968
|
|
|
1,063
|
|
|
|
|
FNMA
|
|
|
30YR 4.641% 7/2021#AL6137
|
|
|
175
|
|
|
|
|
FNMA
|
|
|
15YR 3.500% 12/1/2029#AL7205
|
|
|
532
|
|
|
|
|
FNMA
|
|
|
30YR 4.500% 9/2042#AL7306
|
|
|
1,198
|
|
|
|
|
FNMA
|
|
|
30YR 4.500% 9/2045#AL7384
|
|
|
608
|
|
|
|
|
FNMA
|
|
|
30YR 4.500% 2/2046#AL9781
|
|
|
1,210
|
|
|
|
|
FNMA
|
|
|
15YR 3.500% 9/1/2031#AL9063
|
|
|
1,256
|
|
|
|
|
FNMA
|
|
|
30YR 4.500% 2/1/2046#AL9128
|
|
|
259
|
|
|
|
|
FNMA
|
|
|
30YR 4.500% #AL9407
|
|
|
361
|
|
|
|
|
FNMA
|
|
|
ARM 0.000% 11/1/2046#
|
|
|
1,576
|
|
|
|
|
FNMA
|
|
|
30YR 4.500% 7/2046 #AL8816
|
|
|
1,139
|
|
|
|
|
FNMA
|
|
|
ARM 4.031% 4/1/2042#
|
|
|
252
|
|
|
|
|
FNMA
|
|
|
ARM 12ML+1.565% 3/1/2043#AR6900
|
|
|
662
|
|
|
|
|
FNMA
|
|
|
20YR 4.000% 6/1/2034#AS2666
|
|
|
183
|
|
|
|
|
FNMA
|
|
|
20YR 3.500% 3/2037#AS9299
|
|
|
803
|
|
|
|
|
FNMA
|
|
|
ARM 2.907% 9/1/2044#AT7040
|
|
|
92
|
|
|
|
|
FNMA
|
|
|
ARM 0.000% 5/2044#AW4688
|
|
|
304
|
|
|
|
|
FNMA
|
|
|
ARM 2.764% 12/1/2044#AX2197
|
|
|
457
|
|
|
|
|
FNMA
|
|
|
30YR 4.000% 10/2045#AZ4765
|
|
|
6,635
|
|
|
|
|
FNMA
|
|
|
5.500% 2/2033 #677709
|
|
|
53
|
|
|
|
|
FNMA
|
|
|
5.500% 2/2034 #725206
|
|
|
17
|
|
|
|
|
FNMA
|
|
|
6.000% 3/2034 #725228
|
|
|
193
|
|
|
|
|
FNMA
|
|
|
6.000% 3/2034 #725330
|
|
|
258
|
|
|
|
|
FNMA
|
|
|
6.500% 12/2032 #735415
|
|
|
114
|
|
|
|
|
FNMA
|
|
|
ARM 4.830% 8/2035 #735869
|
|
|
11
|
|
|
|
|
FNMA
|
|
|
15YR 6.000% 12/2020 #745238
|
|
|
—
|
|
|
|
|
FNMA
|
|
|
ARM 2.530% 1/2036 #745303
|
|
|
22
|
|
|
|
|
FNMA
|
|
|
6.000% 6/2035 #745398
|
|
|
28
|
|
|
|
|
FNMA
|
|
|
6.000% 4/2034 #745942
|
|
|
34
|
|
|
|
|
FNMA
|
|
|
ARM 2.200% 8/2035 #832257
|
|
|
23
|
|
|
|
|
FNMA
|
|
|
30YR 4.500% 2/1/2041#BF0199
|
|
|
5,073
|
|
|
|
|
FNMA
|
|
|
ARM 0.000% 10/2047#BH9347
|
|
|
1,288
|
|
|
|
|
FNMA
|
|
|
30YR 4.500% 5/2048#BJ2763
|
|
|
1,904
|
|
|
|
|
FNMA
|
|
|
30YR 4.500% 6/1/2048#BJ9262
|
|
|
3,009
|
|
|
|
|
FNMA
|
|
|
30YR 4.500% 1/2043#BM1357
|
|
|
1,059
|
|
|
|
|
FNMA
|
|
|
ARM 3.331% 3/1/2048#BM3572
|
|
|
3,033
|
|
|
|
|
FNMA
|
|
|
30YR 4.000% 2/1/2047#BM3386
|
|
|
3,160
|
|
|
|
|
FNMA
|
|
|
ARM 3.359% 10/1/2049#BM6149
|
|
|
2,451
|
|
|
|
|
FNMA
|
|
|
30YR 4.500% 3/1/2049#BN5341
|
|
|
6,321
|
|
|
|
|
FNMA
|
|
|
30YR 4.500% 5/1/2048#CA1709
|
|
|
3,682
|
|
|
|
|
FNMA
|
|
|
30YR 4.500% 11/1/2048#CA2643
|
|
|
1,862
|
|
|
|
|
FNMA
|
|
|
30YR 4.500% 6/1/2048#CA1909
|
|
|
2,453
|
|
|
|
|
FNMA
|
|
|
30YR 4.500% 10/1/2048#CA2540
|
|
|
5,704
|
|
|
|
|
FNMA
|
|
|
30YR 4.500% 12/1/2048#CA2804
|
|
|
2,245
|
|
|
|
|
FNMA
|
|
|
15YR 6.000% 3/2022 #888291
|
|
|
20
|
|
|
|
|
FNMA
|
|
|
15YR 6.000% 4/2022 #888365
|
|
|
7
|
|
|
|
|
FNMA
|
|
|
15YR 6.000% 12/2021 #888136
|
|
|
9
|
|
|
|
|
FNMA
|
|
|
15YR 5.500% 1/2022 #888262
|
|
|
4
|
|
|
|
|
|
|
|
|
|
|
|
CHEVRON EMPLOYEE SAVINGS INVESTMENT PLAN
EIN 94-0890210 PLAN NO. 001
SCHEDULE H - PART IV, LINE 4(i) - SCHEDULE OF ASSETS HELD
DECEMBER 31, 2019
(thousands of dollars)
|
|
|
|
|
|
|
|
|
|
|
(a)
|
|
|
(b)
|
|
(c)
|
|
|
(e)
|
|
|
|
|
|
|
Description of Investment Including
|
|
|
|
|
|
Identity of Issue, Borrower,
|
|
|
Maturity Date, Rate of Interest,
|
|
|
|
|
|
Lessor, or Similar Party
|
|
|
Collateral, Par, or Maturity Value
|
|
|
Current Value
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
FNMA
|
|
|
15YR 6.000% 8/2022 #888631
|
|
|
$
|
14
|
|
|
|
|
FNMA
|
|
|
6.500% 11/2037 #888891
|
|
|
29
|
|
|
|
|
FNMA
|
|
|
30YR 6.000% 3/2036 #888956
|
|
|
76
|
|
|
|
|
FNMA
|
|
|
15YR 6.000% 3/2023 #889390
|
|
|
22
|
|
|
|
|
FNMA
|
|
|
7.000% 12/2037 #889886
|
|
|
36
|
|
|
|
|
FNMA
|
|
|
ARM 2.979% 2/2037 #907860
|
|
|
17
|
|
|
|
|
FNMA
|
|
|
15YR 6.000% 9/2021 #936482
|
|
|
5
|
|
|
|
|
FNMA
|
|
|
6.000% 8/2037 #995487
|
|
|
25
|
|
|
|
|
FNMA
|
|
|
5.500% 9/2036 #995575
|
|
|
19
|
|
|
|
|
FNMA
|
|
|
15YR 5.500% 3/2024 #995597
|
|
|
10
|
|
|
|
|
FNMA
|
|
|
ARM 5.289 10/2038 #995005
|
|
|
10
|
|
|
|
|
FNMA
|
|
|
6.000% 5/2036 #995212
|
|
|
82
|
|
|
|
|
FNMA
|
|
|
15YR 5.500% 10/2023 #995405
|
|
|
50
|
|
|
|
|
FNMA
|
|
|
6.500% 12/2038 #995694
|
|
|
16
|
|
|
|
|
FNMA
|
|
|
5.500% 9/2036 #995788
|
|
|
304
|
|
|
|
|
FNMA
|
|
|
20YR 4.000% 11/201/2030 #AB1763
|
|
|
267
|
|
|
|
|
FNMA
|
|
|
20YR 4.000% 3/1/2034#MA1814
|
|
|
1,518
|
|
|
|
|
FNMA
|
|
|
20YR 4.000% 9/1/2034 #MA2055
|
|
|
1,123
|
|
|
|
|
FNMA
|
|
|
20YR 4.000% 1/1/2035#MA2141
|
|
|
1,347
|
|
|
|
|
FNMA
|
|
|
20YR 4.000% 7/1/2035#MA2366
|
|
|
840
|
|
|
|
|
FNMA
|
|
|
20YR 3.500% 4/2037#MA2962
|
|
|
1,677
|
|
|
|
|
FNMA
|
|
|
30YR 4.500% 6/1/2048#MA3385
|
|
|
3,426
|
|
|
|
|
FNMA
|
|
|
30YR 4.500% 3/1/2049#MA3616
|
|
|
18,475
|
|
|
|
|
FNMA
|
|
|
30YR 5.000% 3/1/2049#MA3617
|
|
|
1,321
|
|
|
|
|
FNMA
|
|
|
20YRS 4.000% 9/2031 #MA3894
|
|
|
524
|
|
|
|
|
FNMA
|
|
|
5.500% 9/2038 #AD0198
|
|
|
120
|
|
|
|
|
FNMA
|
|
|
5.500% 4/2037 #AD0249
|
|
|
149
|
|
|
|
|
FNMA
|
|
|
15YR 5.500% 1/2024 #AD0284
|
|
|
8
|
|
|
|
|
FNMA
|
|
|
5.500% 12/2039 #AD0494
|
|
|
22
|
|
|
|
|
FNMA
|
|
|
5.500% 9/2039 #AD0650
|
|
|
19
|
|
|
|
|
FNMA
|
|
|
5.500% 6/2036 #AD0663
|
|
|
114
|
|
|
|
|
FNMA
|
|
|
5.500% 7/2035 #AD0931
|
|
|
39
|
|
|
|
|
FNMA
|
|
|
15YR 5.500% 1/2025 #AE0875
|
|
|
38
|
|
|
|
|
FNMA
|
|
|
6.500% 9/2038 #AE0012
|
|
|
89
|
|
|
|
|
FNMA
|
|
|
15YR 5.500% 8/2024 #AE0379
|
|
|
9
|
|
|
|
|
FNMA
|
|
|
15YR 5.500% 10/2024 #AE0380
|
|
|
45
|
|
|
|
|
FNMA
|
|
|
15YR 5.500% 12/2024 #AE0381
|
|
|
156
|
|
|
|
|
FNMA
|
|
|
15YR 5.500% 10/2024 #AE0382
|
|
|
31
|
|
|
|
|
FNMA
|
|
|
6.500% 1/2039 #AE0442
|
|
|
83
|
|
|
|
|
FNMA
|
|
|
15YR 5.500% 5/2024 #AE0620
|
|
|
32
|
|
|
|
|
FNR
|
|
|
2009-53 QM 5.500% 5/2039
|
|
|
5
|
|
|
|
|
FNR
|
|
|
2008-24 GD 6.500% 3/2037
|
|
|
6
|
|
|
|
|
FNR
|
|
|
2009-40 TB 6.000% 6/2039
|
|
|
26
|
|
|
|
|
FNR
|
|
|
2010-123 WT 7.000% 11/2040
|
|
|
266
|
|
|
|
|
FNW
|
|
|
2003-W2 1A2 7.000% 7/2042
|
|
|
60
|
|
|
|
|
FNW
|
|
|
2004-W2 5A 7.500% 3/2044
|
|
|
31
|
|
|
|
|
FNW
|
|
|
2004-W8 3A 7.500% 6/2044
|
|
|
24
|
|
|
|
|
FNW
|
|
|
2005-W1 1A3 7.000% 10/2044
|
|
|
53
|
|
|
|
|
FNW
|
|
|
2007-W10 1A CSTR 8/2047
|
|
|
69
|
|
|
|
|
FNW
|
|
|
2007-W10 2A CSTR 8/2047
|
|
|
21
|
|
|
|
|
GNR
|
|
|
2018-H05 FE 12ML+7 2/1/1968
|
|
|
3,493
|
|
|
|
|
Government Nat Mtg Assn
|
|
|
HECM 12ML+15 12/20/2067
|
|
|
2,603
|
|
|
|
|
Government Nat Mtg Assn
|
|
|
HECM 2018-H02 FM 12ML+10 0
|
|
|
2,154
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
CHEVRON EMPLOYEE SAVINGS INVESTMENT PLAN
EIN 94-0890210 PLAN NO. 001
SCHEDULE H - PART IV, LINE 4(i) - SCHEDULE OF ASSETS HELD
DECEMBER 31, 2019
(thousands of dollars)
|
|
|
|
|
|
|
|
|
|
|
(a)
|
|
|
(b)
|
|
(c)
|
|
|
(e)
|
|
|
|
|
|
|
Description of Investment Including
|
|
|
|
|
|
Identity of Issue, Borrower,
|
|
|
Maturity Date, Rate of Interest,
|
|
|
|
|
|
Lessor, or Similar Party
|
|
|
Collateral, Par, or Maturity Value
|
|
|
Current Value
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Government Nat Mtg Assn
|
|
|
HECM 12ML+ 9/20/2067
|
|
|
$
|
2,320
|
|
|
|
|
Government Nat Mtg Assn
|
|
|
HECM 2018-H09 FA 12ML+ 4/
|
|
|
2,122
|
|
|
|
|
Government Nat Mtg Assn
|
|
|
HECM 2019-H04 FA 12ML+29 0
|
|
|
2,026
|
|
|
|
|
Government Nat Mtg Assn
|
|
|
HECM 1ML+35 5/20/2069
|
|
|
1,508
|
|
|
|
|
HSBC Holdings
|
|
|
PLC 2.650% 1/205/2022
|
|
|
960
|
|
|
|
|
Small Business Administration
|
|
|
SBAP 2007-20D 1 5.320% 4/2027
|
|
|
41
|
|
|
|
|
US Dept Veteran Aff airs
|
|
|
GTD REMI PASS 7.500% 6/15/2027
|
|
|
52
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Mortgages Backed Securities
|
|
|
|
|
|
172,487
|
|
|
|
|
|
|
|
|
|
|
|
|
|
U.S. Government Securities
|
|
|
|
|
|
|
|
|
|
California State
|
|
|
7.550% 4/1/2039
|
|
|
2,206
|
|
|
|
|
California State
|
|
|
7.300% 10/1/2039
|
|
|
1,084
|
|
|
|
|
California State
|
|
|
7.625% 3/1/2040
|
|
|
1,257
|
|
|
|
|
Illinois State
|
|
|
TaxMuni 5.100% 6/1/2033
|
|
|
2,560
|
|
|
|
|
New Jersey St Turnpike Auth
|
|
|
NJSTRN 1/2040 Fixed 7.414%
|
|
|
588
|
|
|
|
|
New Jersey St Turnpike Auth
|
|
|
NJSTRN 1/2041 Fixed 7.102%
|
|
|
1,632
|
|
|
|
|
US Treasury Bond
|
|
|
2.875% 5/15/2049
|
|
|
5,633
|
|
|
|
|
US Treasury Bond
|
|
|
2.250% 8/15/2049
|
|
|
1,255
|
|
|
|
|
US Treasury Bond
|
|
|
TII 0.625% 4/15/2023
|
|
|
1,110
|
|
|
|
|
US Treasury Bond
|
|
|
2.750% 8/31/2025
|
|
|
4,476
|
|
|
|
|
US Treasury Bond
|
|
|
3.000% 10/31/2025
|
|
|
4,490
|
|
|
|
|
US Treasury Bond
|
|
|
2.500% 2/28/2026
|
|
|
14,054
|
|
|
|
|
US Treasury Bond
|
|
|
2.250% 4/30/2024
|
|
|
2,660
|
|
|
|
|
US Treasury Bond
|
|
|
2.375% 4/30/2026
|
|
|
6,163
|
|
|
|
|
US Treasury Bond
|
|
|
WITII .125% 1/15/2022
|
|
|
1,068
|
|
|
|
|
US Treasury Bond
|
|
|
1.625% 11/15/2022
|
|
|
24,745
|
|
|
|
|
US Treasury Bond
|
|
|
TII 0.125% 4/15/2022
|
|
|
5,436
|
|
|
|
|
US Treasury Bond
|
|
|
1.625% 8/15/2029
|
|
|
9,734
|
|
|
|
|
US Treasury Bond
|
|
|
1.375% 8/31/2026
|
|
|
2,439
|
|
|
|
|
US Treasury Bond
|
|
|
1.500% 10/31/2024
|
|
|
9,906
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total U.S. Government Securities
|
|
|
|
|
|
102,496
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Asset-Backed Securities
|
|
|
|
|
|
|
|
|
|
SLC Student Loan Trust
|
|
|
3ML+ 2/15/2045
|
|
|
11,727
|
|
|
|
|
SLC Student Loan Trust
|
|
|
2007 1 A5 3ML+9 5/15/2037
|
|
|
1,481
|
|
|
|
|
SLM Student Loan Trust
|
|
|
3ML+ 7/25/2040
|
|
|
7,855
|
|
|
|
|
SLM Student Loan Trust
|
|
|
3ML 10/25/2040
|
|
|
2,201
|
|
|
|
|
SLM Student Loan Trust
|
|
|
3ML+60 1/25/2041
|
|
|
2,100
|
|
|
|
|
GSBA
|
|
|
GSBA 5.780% 12/1/2021
|
|
|
5
|
|
|
|
|
Small Business Administration
|
|
|
SBAP 2005-20E 1 4.840% 5/2025
|
|
|
11
|
|
|
|
|
Small Business Administration
|
|
|
SBAP 2005-20G 1 4.750% 7/2025
|
|
|
13
|
|
|
|
|
Small Business Administration
|
|
|
SBAP 2005-20I 1 4.760% 9/2025
|
|
|
16
|
|
|
|
|
Small Business Administration
|
|
|
SBAP 2006-20A 1 5.210% 1/2026
|
|
|
14
|
|
|
|
|
Small Business Administration
|
|
|
SBAP 2006-20C 1 5.570% 3/2026
|
|
|
20
|
|
|
|
|
Small Business Administration
|
|
|
SBAP 2006-20G 1 6.070% 7/2026
|
|
|
38
|
|
|
|
|
Small Business Administration
|
|
|
SBAP 2007-20A 1 5.320% 1/2027
|
|
|
28
|
|
|
|
|
Small Business Administration
|
|
|
SBAP 2007-20C 1 5.230% 3/2027
|
|
|
43
|
|
|
|
|
Small Business Administration
|
|
|
SBAP 2007-20G 1 5.820% 7/2027
|
|
|
29
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Asset-Backed Securities
|
|
|
|
|
|
25,581
|
|
|
|
|
|
|
|
|
|
|
CHEVRON EMPLOYEE SAVINGS INVESTMENT PLAN
EIN 94-0890210 PLAN NO. 001
SCHEDULE H - PART IV, LINE 4(i) - SCHEDULE OF ASSETS HELD
DECEMBER 31, 2019
(thousands of dollars)
|
|
|
|
|
|
|
|
|
|
|
(a)
|
|
|
(b)
|
|
(c)
|
|
|
(e)
|
|
|
|
|
|
|
Description of Investment Including
|
|
|
|
|
|
Identity of Issue, Borrower,
|
|
|
Maturity Date, Rate of Interest,
|
|
|
|
|
|
Lessor, or Similar Party
|
|
|
Collateral, Par, or Maturity Value
|
|
|
Current Value
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cash Equivalents
|
|
|
|
|
|
|
|
|
|
State Street Bank & Trust Co
|
|
|
Short Term Investment Fund
|
|
|
$
|
16,423
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Receivables
|
|
|
|
|
|
4,580
|
|
|
|
|
|
|
|
|
|
|
|
Liabilities
|
|
|
|
|
(1,138
|
)
|
|
|
|
|
|
|
|
|
|
|
TOTAL SEPARATE ACCOUNT
|
|
|
|
|
502,147
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
TOTAL INVESTMENTS PER FINANCIAL STATEMENTS
|
|
|
18,629,276
|
|
|
|
|
|
|
|
|
|
|
|
|
|
PARTICIPANT LOANS
|
|
|
Interest rates ranging from 2.23% to 9.50%
|
|
111,230
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
TOTAL INVESTMENTS PER FORM 5500
|
|
|
|
|
$
|
18,740,506
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Column (d) cost was omitted as all investments are participant-directed.
|
|
|
|
* Party-in-interest as defined by ERISA.
|
|
|
|
|
|
|
|
|
|
|
|
EXHIBIT INDEX
|
|
|
|
|
Exhibit
No.
|
|
Description
|
|
|
|
23.1
|
|
|
|
SIGNATURES
The Plan. Pursuant to the requirements of the Securities Exchange Act of 1934, the trustees (or other persons who administer the employee benefit plan) have duly caused this annual report to be signed on its behalf by the undersigned hereunto duly authorized.
|
|
|
|
|
CHEVRON EMPLOYEE SAVINGS INVESTMENT PLAN
|
|
|
|
|
Date June 24, 2020
|
/s/ Christine L. Cavallo
|
|
|
Chevron Corporation, Plan Administrator
|
|
|
By: Christine L. Cavallo
Assistant Secretary
Chevron Corporation
|
|