Exxon Mobil Corporation (XOM) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
5959 LAS COLINAS BLVD IRVING, TX 75039-2298 |
| State of Incorp. | NJ |
| Fiscal Year End | December 31 |
| Industry (SIC) | 2911 - Petroleum Refining (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 3/31/2023 MRQ | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 29,640 | 6,802 | 4,364 | 3,089 | 3,042 | 3,177 | |||
| Cash and cash equivalents | 29,640 | 6,802 | 4,364 | 3,089 | 3,042 | 3,177 | |||
| Restricted cash and investments | |||||||||
| Receivables | 41,749 | 32,383 | 20,581 | 26,966 | 24,701 | 25,597 | |||
| Inventory, net of allowances, customer advances and progress billings | 20,434 | 14,519 | 14,169 | 14,010 | 14,803 | 12,871 | |||
| Inventory | 20,434 | 14,519 | 14,169 | 14,010 | 14,803 | 12,871 | |||
| Other current assets | 1,189 | 1,098 | 1,469 | 1,272 | 1,368 | ||||
| Other undisclosed current assets | 5,808 | 4,261 | 4,681 | 4,518 | 4,155 | 4,121 | |||
| Total current assets: | 97,631 | 59,154 | 44,893 | 50,052 | 47,973 | 47,134 | |||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | 2,090 | ✕ | ✕ | ||||||
| Operating lease, right-of-use asset | 6,451 | ✕ | ✕ | ||||||
| Property, plant and equipment | 216,552 | 227,553 | 253,018 | 247,101 | 252,630 | ||||
| Long-term investments and receivables, including: | 7,222 | 45,195 | 43,515 | 43,164 | 40,790 | 39,160 | |||
| Long-term investments | 278 | 138 | 143 | 37,833 | 26,382 | 24,528 | |||
| Accounts and financing receivable, after allowance for credit loss | 6,944 | 5,506 | 4,788 | 5,141 | 5,590 | 5,520 | |||
| Other undisclosed long-term investments and receivables | 39,551 | 38,584 | 190 | 8,818 | 9,112 | ||||
| Other noncurrent assets | 18,022 | 16,789 | 16,363 | 10,332 | 9,767 | ||||
| Other undisclosed noncurrent assets | 255,673 | ||||||||
| Total noncurrent assets: | 271,436 | 279,769 | 287,857 | 312,545 | 298,223 | 301,557 | |||
| TOTAL ASSETS: | 369,067 | 338,923 | 332,750 | 362,597 | 346,196 | 348,691 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 63,197 | 50,766 | 35,221 | 41,831 | 37,268 | 36,796 | |||
| Taxes payable | ✕ | ✕ | 5,497 | 4,092 | 4,881 | 5,892 | 6,356 | ||
| Accounts payable | 44,643 | 37,985 | 25,337 | 31,705 | 27,125 | 28,032 | |||
| Accrued liabilities | 9,183 | ||||||||
| Other undisclosed accounts payable and accrued liabilities | 9,371 | 7,284 | 5,792 | 5,245 | 4,251 | 2,408 | |||
| Debt | 634 | 4,276 | 20,458 | 20,578 | 17,258 | 17,930 | |||
| Other undisclosed current liabilities | 5,214 | 1,601 | 684 | 1,580 | 2,612 | 3,045 | |||
| Total current liabilities: | 69,045 | 56,643 | 56,363 | 63,989 | 57,138 | 57,771 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 40,559 | 43,428 | 47,182 | 26,342 | 20,538 | 24,406 | |||
| Long-term debt, excluding current maturities | 23,100 | ||||||||
| Other undisclosed long-term debt and lease obligation | 40,559 | 43,428 | 47,182 | 26,342 | 20,538 | 1,306 | |||
| Liabilities, other than long-term debt | 56,990 | 63,169 | 65,075 | 73,328 | 69,992 | 72,014 | |||
| Deferred tax liabilities, net | ✕ | ✕ | ✕ | ✕ | ✕ | 27,244 | 26,893 | ||
| Deferred income tax liabilities | 22,874 | 20,165 | 18,165 | 25,620 | ✕ | ✕ | |||
| Liability, pension and other postretirement and postemployment benefits | 10,045 | 18,430 | 22,415 | 22,304 | 20,272 | 21,132 | |||
| Due to related parties | 2,338 | 2,857 | 3,253 | 3,988 | 4,382 | 4,774 | |||
| Other liabilities | 21,733 | 21,717 | 21,242 | 21,416 | 18,094 | 19,215 | |||
| Total noncurrent liabilities: | 97,549 | 106,597 | 112,257 | 99,670 | 90,530 | 96,420 | |||
| Total liabilities: | 166,594 | 163,240 | 168,620 | 163,659 | 147,668 | 154,191 | |||
| Equity | |||||||||
| Equity, attributable to parent | 195,049 | 168,577 | 157,150 | 191,650 | 191,794 | 187,688 | |||
| Common stock | 15,752 | 15,746 | 15,688 | 15,637 | 15,258 | 14,656 | |||
| Treasury stock, value | (240,293) | (225,464) | (225,776) | (225,835) | (225,553) | (225,246) | |||
| Accumulated other comprehensive loss | (13,270) | (13,764) | (16,705) | (19,493) | (19,564) | (16,262) | |||
| Retained earnings | 432,860 | 392,059 | 383,943 | 421,341 | 421,653 | 414,540 | |||
| Equity, attributable to noncontrolling interest | 7,424 | 7,106 | 6,980 | 7,288 | 6,734 | 6,812 | |||
| Total equity: | 202,473 | 175,683 | 164,130 | 198,938 | 198,528 | 194,500 | |||
| TOTAL LIABILITIES AND EQUITY: | 369,067 | 338,923 | 332,750 | 362,597 | 346,196 | 348,691 | |||
Income Statement (P&L) ($ in millions)
| 3/31/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 413,680 | 285,640 | 181,502 | 264,938 | 279,332 | 237,162 | ||
| Cost of revenue | (324,807) | (243,778) | (198,932) | (232,215) | (246,313) | (212,943) | ||
| Gross profit: | 88,873 | 41,862 | (17,430) | 32,723 | 33,019 | 24,219 | ||
| Operating expenses | (11,120) | (10,628) | (11,453) | (12,667) | (12,946) | (12,746) | ||
| Operating income (loss): | 77,753 | 31,234 | (28,883) | 20,056 | 20,073 | 11,473 | ||
| Nonoperating expense (Net Periodic Defined Benefits Expense (Reversal of Expense), Excluding Service Cost Component) | (482) | (786) | (1,205) | (1,235) | ||||
| Interest and debt expense | (798) | (947) | (1,158) | (830) | (766) | (601) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | 76,473 | 29,501 | (31,246) | 17,991 | 19,307 | 10,872 | ||
| Income from equity method investments | 7,355 | 5,380 | ||||||
| Other undisclosed income from continuing operations before income taxes | 1,280 | 1,733 | 2,363 | 2,065 | 4,291 | 2,422 | ||
| Income (loss) from continuing operations before income taxes: | 77,753 | 31,234 | (28,883) | 20,056 | 30,953 | 18,674 | ||
| Income tax expense (benefit) | (20,176) | (7,636) | 5,632 | (5,282) | (9,532) | 1,174 | ||
| Income (loss) from continuing operations: | 57,577 | 23,598 | (23,251) | 14,774 | 21,421 | 19,848 | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | 23,598 | (23,251) | 14,774 | 21,421 | 19,848 | ||
| Net income (loss): | 57,577 | 23,598 | (23,251) | 14,774 | 21,421 | 19,848 | ||
| Net income (loss) attributable to noncontrolling interest | (1,837) | (558) | 811 | (434) | (581) | (138) | ||
| Net income (loss) available to common stockholders, diluted: | 55,740 | 23,040 | (22,440) | 14,340 | 20,840 | 19,710 | ||
Comprehensive Income ($ in millions)
| 3/31/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 57,577 | 23,598 | (23,251) | 14,774 | 21,421 | 19,848 | ||
| Other comprehensive income (loss) | 316 | 3,169 | 2,856 | 225 | (3,670) | 6,532 | ||
| Comprehensive income (loss): | 57,893 | 26,767 | (20,395) | 14,999 | 17,751 | 26,380 | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (1,659) | (786) | 743 | (588) | (174) | (693) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 56,234 | 25,981 | (19,652) | 14,411 | 17,577 | 25,687 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.