Chevron Corp. reported earnings of $3.7 billion for the fourth quarter of 2018 compared with $3.1 billion in the same quarter in 2017, which included $2.02 billion in tax benefits related to US tax reform. Included in the current quarter was an asset write-off totaling $270 million. Foreign currency effects increased earnings in the 2018 fourth quarter by $268 million.

Source: News