Chevron Earnings 2019-09-30

CVX 10Q Quarterly Report

Balance Sheet	Income Statement	Cash Flow

Comparables ($MM TTM)
Ticker	M Cap	Assets	Liab	Rev	G Profit	Net Inc	EBITDA	EV	G Margin	EV/EBITDA	ROA
CVX	235,271,001	255,878	98,427	158,375	69,236	14,740	39,625	235,286,371	44%	5,937.8	6%
XOM	327,159	360,729	162,264	277,574	0	18,243	47,346	341,947	0%	7.2	5%
EQNR	69,994	112,508	69,519	0	0	0	0	69,493			0%
COP	68,018	71,261	38,187	38,268	24,403	7,184	17,121	79,591	64%	4.6	10%
PSX	41,076	57,781	30,475	111,866	15,212	5,658	8,410	50,029	14%	5.9	10%
MPC	35,388	96,896	52,830	117,768	13,761	3,762	8,310	61,992	12%	7.5	4%
VLO	34,999	52,022	30,677	112,775	4,653	2,711	3,978	42,133	4%	10.6	5%
IMO	21,511	41,929	16,907	28,407	0	3,107	4,892	25,392	0%	5.2	7%
HES	19,907	21,695	11,164	6,793	0	108	2,889	24,224	0%	8.4	0%
HFC	7,095	12,104	6,091	17,795	3,893	997	1,927	8,612	22%	4.5	8%

Document

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 10-Q

☑QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended September 30, 2019

☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

Commission file number 001-00368

Chevron Corporation

(Exact name of registrant as specified in its charter)



		6001 Bollinger Canyon Road
Delaware	94-0890210	San Ramon,	California	94583-2324
(State or other jurisdiction of incorporation or organization)	(I.R.S. Employer Identification No.)	(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code: (925) 842-1000



		NONE
	(Former name, former address and former fiscal year, if changed since last report.)

Securities registered pursuant to Section 12(b) of the Act:



Title of each class	Trading Symbol	Name of each exchange on which registered
Common stock, par value $.75 per share	CVX	New York Stock Exchange

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☑ No ☐

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☑ No ☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.



Large accelerated filer	☑	Accelerated filer	☐
Non-accelerated filer	☐	Smaller reporting company	☐
		Emerging growth company	☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No ☑

There were 1,890,872,188 shares of the Company's common stock outstanding on September 30, 2019.

Table of Contents

TABLE OF CONTENTS



		Page No.
	Cautionary Statements Relevant to Forward-Looking Information for the Purpose of “Safe Harbor” Provisions of the Private Securities Litigation Reform Act of 1995	2
PART I FINANCIAL INFORMATION
Item 1.	Consolidated Financial Statements —
	Consolidated Statement of Income for the Three and Nine Months Ended September 30, 2019, and 2018	3
	Consolidated Statement of Comprehensive Income for the Three and Nine Months Ended September 30, 2019, and 2018	4
	Consolidated Balance Sheet at September 30, 2019, and December 31, 2018	5
	Consolidated Statement of Cash Flows for the Nine Months Ended September 30, 2019, and 2018	6
	Consolidated Statement of Equity for the Three and Nine Months Ended September 30, 2019, and 2018	7
	Notes to Consolidated Financial Statements	8
Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	26
Item 3.	Quantitative and Qualitative Disclosures About Market Risk	39
Item 4.	Controls and Procedures	39
PART II OTHER INFORMATION
Item 1.	Legal Proceedings	39
Item 1A.	Risk Factors	40
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds	40
Item 5.	Other Information	40
Item 6.	Exhibits	41
Signature		42

Table of Contents

CAUTIONARY STATEMENTS RELEVANT TO FORWARD-LOOKING INFORMATION

FOR THE PURPOSE OF “SAFE HARBOR” PROVISIONS OF THE

PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995

This quarterly report on Form 10-Q of Chevron Corporation contains forward-looking statements relating to Chevron’s operations that are based on management’s current expectations, estimates and projections about the petroleum, chemicals and other energy-related industries. Words or phrases such as “anticipates,” “expects,” “intends,” “plans,” “targets,” “forecasts,” “projects,” “believes,” “seeks,” “schedules,” “estimates,” “positions,” “pursues,” “may,” “could,” “should,” “will,” “budgets,” “outlook,” “trends,” “guidance,” “focus,” “on schedule,” “on track,” “is slated,” “goals,” “objectives,” “strategies,” “opportunities,” “poised” and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and other factors, many of which are beyond the company’s control and are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. The reader should not place undue reliance on these forward-looking statements, which speak only as of the date of this report. Unless legally required, Chevron undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise.

Among the important factors that could cause actual results to differ materially from those projected in the forward-looking statements are: changing crude oil and natural gas prices; changing refining, marketing and chemicals margins; the company's ability to realize anticipated cost savings and expenditure reductions; actions of competitors or regulators; timing of exploration expenses; timing of crude oil liftings; the competitiveness of alternate-energy sources or product substitutes; technological developments; the results of operations and financial condition of the company's suppliers, vendors, partners and equity affiliates, particularly during extended periods of low prices for crude oil and natural gas; the inability or failure of the company’s joint-venture partners to fund their share of operations and development activities; the potential failure to achieve expected net production from existing and future crude oil and natural gas development projects; potential delays in the development, construction or start-up of planned projects; the potential disruption or interruption of the company’s operations due to war, accidents, political events, civil unrest, severe weather, cyber threats and terrorist acts, crude oil production quotas or other actions that might be imposed by the Organization of Petroleum Exporting Countries and other producing countries, or other natural or human causes beyond the company's control; changing economic, regulatory and political environments in the various countries in which the company operates; general domestic and international economic and political conditions; the potential liability for remedial actions or assessments under existing or future environmental regulations and litigation; significant operational, investment or product changes required by existing or future environmental statutes and regulations, including international agreements and national or regional legislation and regulatory measures to limit or reduce greenhouse gas emissions; the potential liability resulting from pending or future litigation; the company’s future acquisitions or dispositions of assets or shares or the delay or failure of such transactions to close based on required closing conditions; the potential for gains and losses from asset dispositions or impairments; government-mandated sales, divestitures, recapitalizations, industry-specific taxes, tariffs, sanctions, changes in fiscal terms or restrictions on scope of company operations; foreign currency movements compared with the U.S. dollar; material reductions in corporate liquidity and access to debt markets; the effects of changed accounting rules under generally accepted accounting principles promulgated by rule-setting bodies; the company's ability to identify and mitigate the risks and hazards inherent in operating in the global energy industry; and the factors set forth under the heading “Risk Factors” on pages 18 through 21 of the company’s 2018 Annual Report on Form 10-K and in subsequent filings with the U.S. Securities and Exchange Commission. Other unpredictable or unknown factors not discussed in this report could also have material adverse effects on forward-looking statements.

Table of Contents

PART I.

FINANCIAL INFORMATION

Item 1.
Consolidated Financial Statements

CHEVRON CORPORATION AND SUBSIDIARIES

CONSOLIDATED STATEMENT OF INCOME

(Unaudited)



	Three Months Ended September 30				Nine Months Ended September 30
	2019		2018		2019			2018
	(Millions of dollars, except per-share amounts)
Revenues and Other Income
Sales and other operating revenues	$	34,779	$	42,105	$	105,291		$	118,564
Income from equity affiliates	1,172		1,555		3,430			4,685
Other income (loss)	165		327		1,445			738
Total Revenues and Other Income	36,116		43,987		110,166			123,987
Costs and Other Deductions
Purchased crude oil and products	19,882		24,681		60,420			70,658
Operating expenses	5,325		4,985		15,398			14,899
Selling, general and administrative expenses	954		1,018		3,014			2,758
Exploration expenses	168		625		498			960
Depreciation, depletion and amortization	4,361		5,380		12,789			14,167
Taxes other than on income	1,059		1,259		3,167			3,966
Interest and debt expense	197		182		620			558
Other components of net periodic benefit costs	121		158		319			344
Total Costs and Other Deductions	32,067		38,288		96,225			108,310
Income Before Income Tax Expense	4,049		5,699		13,941			15,677
Income Tax Expense	1,469		1,643		4,429			4,540
Net Income	2,580		4,056		9,512			11,137
Less: Net income (loss) attributable to noncontrolling interests	—		9		(22		)	43
Net Income Attributable to Chevron Corporation	$	2,580	$	4,047	$	9,534		$	11,094
Per Share of Common Stock:
Net Income Attributable to Chevron Corporation
— Basic	$	1.38	$	2.13	$	5.06		$	5.84
— Diluted	$	1.36	$	2.11	$	5.02		$	5.79
Weighted Average Number of Shares Outstanding (000s)
— Basic	1,880,607		1,900,717		1,885,931			1,899,044
— Diluted	1,893,928		1,917,474		1,899,193			1,916,562

See accompanying notes to consolidated financial statements.

Table of Contents

CHEVRON CORPORATION AND SUBSIDIARIES

CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME

(Unaudited)



	Three Months Ended September 30						Nine Months Ended September 30
	2019			2018			2019			2018
	(Millions of dollars)
Net Income	$	2,580		$	4,056		$	9,512		$	11,137
Currency translation adjustment	(33		)	(2		)	(32		)	(12		)
Unrealized holding gain (loss) on securities:
Net gain (loss) arising during period	2			1			2			(6		)
Derivatives:
Net derivatives loss on hedge transactions	—			—			(1		)	—
Income tax benefit on derivatives transactions	3			—			3			—
Total	3			—			2			—
Defined benefit plans:
Actuarial gain (loss):
Amortization to net income of net actuarial and settlement losses	150			214			400			522
Actuarial gain (loss) arising during period	—			(92		)	(4		)	(94		)
Prior service cost:
Amortization to net income of net prior service costs (credits)	(4		)	(2		)	(11		)	(9		)
Prior service cost arising during period	—			—			1			—
Defined benefit plans sponsored by equity affiliates	3			5			8			18
Income tax expense on defined benefit plans	(33		)	(21		)	(91		)	(95		)
Total	116			104			303			342
Other Comprehensive Gain, Net of Tax	88			103			275			324
Comprehensive Income	2,668			4,159			9,787			11,461
Comprehensive loss (income) attributable to noncontrolling interests	—			(9		)	22			(43		)
Comprehensive Income Attributable to Chevron Corporation	$	2,668		$	4,150		$	9,809		$	11,418

See accompanying notes to consolidated financial statements.

Table of Contents

CHEVRON CORPORATION AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEET

(Unaudited)



	At September 30, 2019			At December 31, 2018
	(Millions of dollars)
ASSETS
Cash and cash equivalents	$	11,697		$	9,342
Time deposits	—			950
Marketable securities	58			53
Accounts and notes receivable, net	12,966			15,050
Inventories
Crude oil and petroleum products	3,722			3,383
Chemicals	480			487
Materials, supplies and other	1,749			1,834
Total inventories	5,951			5,704
Prepaid expenses and other current assets	3,316			2,922
Total Current Assets	33,988			34,021
Long-term receivables, net	1,584			1,942
Investments and advances	38,327			35,546
Properties, plant and equipment, at cost	338,699			340,244
Less: Accumulated depreciation, depletion and amortization	174,336			171,037
Properties, plant and equipment, net	164,363			169,207
Deferred charges and other assets	10,716			6,766
Goodwill	4,507			4,518
Assets held for sale	3,052			1,863
Total Assets	$	256,537		$	253,863
LIABILITIES AND EQUITY
Short-term debt	$	7,795		$	5,726
Accounts payable	13,230			13,953
Accrued liabilities	6,523			4,927
Federal and other taxes on income	1,542			1,628
Other taxes payable	1,143			937
Total Current Liabilities	30,233			27,171
Long-term debt	25,056			28,733
Deferred credits and other noncurrent obligations	21,555			19,742
Noncurrent deferred income taxes	17,100			15,921
Noncurrent employee benefit plans	5,701			6,654
Total Liabilities*	99,645			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 September 30, 2019, and December 31, 2018)	1,832			1,832
Capital in excess of par value	17,235			17,112
Retained earnings	183,783			180,987
Accumulated other comprehensive loss	(3,269		)	(3,544		)
Deferred compensation and benefit plan trust	(240		)	(240		)
Treasury stock, at cost (551,804,392 and 539,838,890 shares at September 30, 2019, and December 31, 2018, respectively)	(43,500		)	(41,593		)
Total Chevron Corporation Stockholders’ Equity	155,841			154,554
Noncontrolling interests	1,051			1,088
Total Equity	156,892			155,642
Total Liabilities and Equity	$	256,537		$	253,863
___________________________
* Refer to Note 13, "Other Contingencies and Commitments" beginning on page 21.

See accompanying notes to consolidated financial statements.

Table of Contents

CHEVRON CORPORATION AND SUBSIDIARIES

CONSOLIDATED STATEMENT OF CASH FLOWS

(Unaudited)



	Nine Months Ended September 30
	2019			2018
	(Millions of dollars)
Operating Activities
Net Income (Loss)	$	9,512		$	11,137
Adjustments
Depreciation, depletion and amortization	12,789			14,167
Dry hole expense	137			596
Distributions less than income from equity affiliates	(1,897		)	(2,526		)
Net before-tax loss (gain) on asset retirements and sales	(106		)	(560		)
Net foreign currency effects	54			330
Deferred income tax provision	986			806
Net decrease (increase) in operating working capital	1,126			(1,882		)
Decrease (increase) in long-term receivables	426			363
Net decrease (increase) in other deferred charges	(144		)	(60		)
Cash contributions to employee pension plans	(1,204		)	(941		)
Other	(22		)	37
Net Cash Provided by Operating Activities	21,657			21,467
Investing Activities
Capital expenditures	(9,906		)	(9,801		)
Proceeds and deposits related to asset sales and returns of investment	1,088			2,116
Net maturities of (investments in) time deposits	950			—
Net sales (purchases) of marketable securities	2			(51		)
Net repayment (borrowing) of loans by equity affiliates	(970		)	78
Net Cash Used for Investing Activities	(8,836		)	(7,658		)
Financing Activities
Net borrowings (repayments) of short-term obligations	1,973			2,199
Proceeds from issuance of long-term debt	—			217
Repayments of long-term debt and other financing obligations	(3,868		)	(5,227		)
Cash dividends — common stock	(6,731		)	(6,382		)
Distributions to noncontrolling interests	(16		)	(87		)
Net sales (purchases) of treasury shares	(1,845		)	337
Net Cash Used for Financing Activities	(10,487		)	(8,943		)
Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash	5			(68		)
Net Change in Cash, Cash Equivalents and Restricted Cash	2,339			4,798
Cash, Cash Equivalents and Restricted Cash at January 1	10,481			5,943
Cash, Cash Equivalents and Restricted Cash at September 30	$	12,820		$	10,741

See accompanying notes to consolidated financial statements.

Table of Contents

CHEVRON CORPORATION AND SUBSIDIARIES

CONSOLIDATED STATEMENT OF EQUITY

(Unaudited)



(Millions of dollars)						Accumulated			Treasury			Chevron Corp.			Non-
	Common		Retained			Other Comp.			Stock			Stockholders'			Controlling			Total
Three Months Ended September 30	Stock⁽¹⁾		Earnings			Income (Loss)			(at cost)			Equity			Interests			Equity
Balance at June 30, 2018	$	18,632	$	176,899		$	(3,368	)	$	(39,965	)	$	152,198		$	1,182		$	153,380
Treasury stock transactions	40		—			—			—			40			—			40
Net income (loss)	—		4,047			—			—			4,047			9			4,056
Cash dividends	—		(2,129		)	—			—			(2,129		)	(32		)	(2,161		)
Stock dividends	—		(1		)	—			—			(1		)	—			(1		)
Other comprehensive income	—		—			103			—			103			—			103
Purchases of treasury shares	—		—			—			(750		)	(750		)	—			(750		)
Issuances of treasury shares	—		—			—			67			67			—			67
Other changes, net	—		—			—			—			—			(61		)	(61		)
Balance at September 30, 2018	$	18,672	$	178,816		$	(3,265	)	$	(40,648	)	$	153,575		$	1,098		$	154,673

Balance at June 30, 2019	$	18,776	$	183,442		$	(3,357	)	$	(42,466	)	$	156,395		$	1,056		$	157,451
Treasury stock transactions	51		—			—			—			51			—			51
Net income (loss)	—		2,580			—			—			2,580			—			2,580
Cash dividends	—		(2,237		)	—			—			(2,237		)	(8		)	(2,245		)
Stock dividends	—		(1		)	—			—			(1		)	—			(1		)
Other comprehensive income	—		—			88			—			88			—			88
Purchases of treasury shares	—		—			—			(1,250		)	(1,250		)	—			(1,250		)
Issuances of treasury shares	—		—			—			216			216			—			216
Other changes, net	—		(1		)	—			—			(1		)	3			2
Balance at September 30, 2019	$	18,827	$	183,783		$	(3,269	)	$	(43,500	)	$	155,841		$	1,051		$	156,892

Nine Months Ended September 30
Balance at December 31, 2017	$	18,440	$	174,106		$	(3,589	)	$	(40,833	)	$	148,124		$	1,195		$	149,319
Treasury stock transactions	232		—			—			—			232			—			232
Net income (loss)	—		11,094			—			—			11,094			43			11,137
Cash dividends	—		(6,382		)	—			—			(6,382		)	(87		)	(6,469		)
Stock dividends	—		(2		)	—			—			(2		)	—			(2		)
Other comprehensive income	—		—			324			—			324			—			324
Purchases of treasury shares	—		—			—			(751		)	(751		)	—			(751		)
Issuances of treasury shares	—		—			—			936			936			—			936
Other changes, net	—		—			—			—			—			(53		)	(53		)
Balance at September 30, 2018	$	18,672	$	178,816		$	(3,265	)	$	(40,648	)	$	153,575		$	1,098		$	154,673

Balance at December 31, 2018	$	18,704	$	180,987		$	(3,544	)	$	(41,593	)	$	154,554		$	1,088		$	155,642
Treasury stock transactions	123		—			—			—			123			—			123
Net income (loss)	—		9,534			—			—			9,534			(22		)	9,512
Cash dividends	—		(6,731		)	—			—			(6,731		)	(16		)	(6,747		)
Stock dividends	—		(2		)	—			—			(2		)	—			(2		)
Other comprehensive income	—		—			275			—			275			—			275
Purchases of treasury shares	—		—			—			(2,789		)	(2,789		)	—			(2,789		)
Issuances of treasury shares	—		—			—			882			882			—			882
Other changes, net	—		(5		)	—			—			(5		)	1			(4		)
Balance at September 30, 2019	$	18,827	$	183,783		$	(3,269	)	$	(43,500	)	$	155,841		$	1,051		$	156,892

(Number of Shares)	Common Stock - 2019											Common Stock - 2018
Three Months Ended September 30	Issued⁽²⁾		Treasury			Outstanding						Issued⁽²⁾			Treasury			Outstanding
Balance at June 30	2,442,676,580		(544,258,109		)	1,898,418,471						2,442,676,580			(526,529,480		)	1,916,147,100
Purchases	—		(10,302,969		)	(10,302,969		)				—			(6,255,290		)	(6,255,290		)
Issuances	—		2,756,686			2,756,686						—			882,559			882,559
Balance at September 30	2,442,676,580		(551,804,392		)	1,890,872,188						2,442,676,580			(531,902,211		)	1,910,774,369

Nine Months Ended September 30
Balance at December 31	2,442,676,580		(539,838,890		)	1,902,837,690						2,442,676,580			(537,974,695		)	1,904,701,885
Purchases	—		(23,342,737		)	(23,342,737		)				—			(6,262,987		)	(6,262,987		)
Issuances	—		11,377,235			11,377,235						—			12,335,471			12,335,471
Balance at September 30	2,442,676,580		(551,804,392		)	1,890,872,188						2,442,676,580			(531,902,211		)	1,910,774,369

_________________________________________________


⁽¹⁾	Beginning and ending balances for all periods include capital in excess of par, common stock issued at par for $1,832, and $(240) associated with Chevron's Benefit Plan Trust. Changes reflect capital in excess of par.


⁽²⁾	Beginning and ending total issued share balances include 14,168,000 shares associated with Chevron's Benefit Plan Trust for all periods.

See accompanying notes to consolidated financial statements.

Table of Contents

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

Note 1. Interim Financial Statements

The accompanying consolidated financial statements of Chevron Corporation and its subsidiaries (together, Chevron or the company) have not been audited by an independent registered public accounting firm. In the opinion of the company’s management, the interim data includes all adjustments necessary for a fair statement of the results for the interim periods. These adjustments were of a normal recurring nature. The results for the three- and nine-month periods ended September 30, 2019, are not necessarily indicative of future financial results. The term “earnings” is defined as net income attributable to Chevron.

Certain notes and other information have been condensed or omitted from the interim financial statements presented in this Quarterly Report on Form 10-Q. Therefore, these financial statements should be read in conjunction with the company’s 2018 Annual Report on Form 10-K.

Note 2. Changes in Accumulated Other Comprehensive Losses

The change in Accumulated Other Comprehensive Losses (AOCL) presented on the Consolidated Balance Sheet and the impact of significant amounts reclassified from AOCL on information presented in the Consolidated Statement of Income for the nine months ended September 30, 2019 and 2018 are reflected in the table below.

Changes in Accumulated Other Comprehensive Income (Loss) by Component⁽¹⁾

(Millions of dollars)




	Currency Translation Adjustment			Unrealized Holding Gains (Losses) on Securities			Derivatives			Defined Benefit Plans			Total
Balance at December 31, 2017	$	(105	)	$	(5	)	$	(2	)	$	(3,477	)	$	(3,589	)
Components of Other Comprehensive Income (Loss):
Before Reclassifications	(12		)	(6		)	—			(53		)	(71		)
Reclassifications	—			—			—			395			395

Closing Price ($)	Shares Out (MM)	Market Cap ($MM)
$0.00	1,898,418	$235,271,001

10-Q	2019-11-07	Quarter: 2019-09-30
10-Q	2019-08-07	Quarter: 2019-06-30
10-Q	2019-05-02	Quarter: 2019-03-31
10-K	2019-02-22	Annual: 2018-12-31
10-Q	2018-11-08	Quarter: 2018-09-30
10-Q	2018-08-02	Quarter: 2018-06-30
10-Q	2018-05-03	Quarter: 2018-03-31
10-K	2018-02-22	Annual: 2017-12-31
10-Q	2017-11-02	Quarter: 2017-09-30
10-Q	2017-08-03	Quarter: 2017-06-30
10-Q	2017-05-04	Quarter: 2017-03-31
10-K	2017-02-23	Annual: 2016-12-31
10-Q	2016-11-03	Quarter: 2016-09-30
10-Q	2016-08-04	Quarter: 2016-06-30
10-Q	2016-05-05	Quarter: 2016-03-31
10-K	2016-02-25	Annual: 2015-12-31
10-Q	2015-11-06	Quarter: 2015-09-30
10-Q	2015-08-05	Quarter: 2015-06-30
10-Q	2015-05-07	Quarter: 2015-03-31
10-K	2015-02-20	Annual: 2014-12-31
10-Q	2014-11-07	Quarter: 2014-09-30
10-Q	2014-08-06	Quarter: 2014-06-30
10-Q	2014-05-02	Quarter: 2014-03-31
10-K	2014-02-21	Annual: 2013-12-31
10-Q	2013-11-08	Quarter: 2013-09-30
10-Q	2013-08-07	Quarter: 2013-06-30
10-Q	2013-05-02	Quarter: 2013-03-31
10-K	2013-02-22	Annual: 2012-12-31
10-Q	2012-11-06	Quarter: 2012-09-30
10-Q	2012-08-02	Quarter: 2012-06-30
10-Q	2012-05-03	Quarter: 2012-03-31
10-K	2012-02-23	Annual: 2011-12-31
10-Q	2011-11-03	Quarter: 2011-09-30
10-Q	2011-08-04	Quarter: 2011-06-30
10-Q	2011-05-05	Quarter: 2011-03-31
10-K	2011-02-24	Annual: 2010-12-31
10-Q	2010-11-05	Quarter: 2010-09-30
10-Q	2010-08-05	Quarter: 2010-06-30
10-Q	2010-05-05	Quarter: 2010-03-31
10-K	2010-02-25	Annual: 2009-12-31

8-K	2019-12-30	Officers
8-K	2019-12-04	Impairments, Regulation FD, Exhibits
8-K	2019-11-01	Earnings, Exhibits
8-K	2019-09-25	Amend Bylaw, Exhibits
8-K	2019-08-02	Earnings, Exhibits
8-K	2019-05-29	Shareholder Vote
8-K	2019-05-28	Officers
8-K	2019-05-09	Other Events, Exhibits
8-K	2019-05-09	Leave Agreement
8-K	2019-04-26	Earnings
8-K	2019-04-12	Other Events, Exhibits
8-K	2019-04-11	Enter Agreement, Exhibits
8-K	2019-02-01	Earnings, Other Events
8-K	2019-01-30	Officers
8-K	2019-01-29	Officers, Exhibits
8-K	2018-12-04	Officers, Exhibits
8-K	2018-11-02	Earnings
8-K	2018-07-27	Earnings
8-K	2018-05-30	Shareholder Vote
8-K	2018-04-27	Earnings
8-K	2018-02-02	Earnings
8-K	2018-01-31	Officers, Exhibits
8-K	2018-01-30	Officers, Exhibits

EX-31.1	a09302019ex311ceo-sox3.htm
EX-31.2	a09302019ex312cfo-sox3.htm
EX-32.1	a09302019ex321ceo-sox9.htm
EX-32.2	a09302019ex322cfo-sox9.htm