Company Quick10K Filing
Exxon Mobil
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 4,271 $327,159
10-Q 2019-11-06 Quarter: 2019-09-30
10-Q 2019-08-07 Quarter: 2019-06-30
10-Q 2019-05-02 Quarter: 2019-03-31
10-K 2019-02-27 Annual: 2018-12-31
10-Q 2018-11-07 Quarter: 2018-09-30
10-Q 2018-08-02 Quarter: 2018-06-30
10-Q 2018-05-03 Quarter: 2018-03-31
10-K 2018-02-28 Annual: 2017-12-31
10-Q 2017-11-01 Quarter: 2017-09-30
10-Q 2017-08-02 Quarter: 2017-06-30
10-Q 2017-05-03 Quarter: 2017-03-31
10-K 2017-02-22 Annual: 2016-12-31
10-Q 2016-11-03 Quarter: 2016-09-30
10-Q 2016-08-03 Quarter: 2016-06-30
10-Q 2016-05-04 Quarter: 2016-03-31
10-K 2016-02-24 Annual: 2015-12-31
10-Q 2015-11-04 Quarter: 2015-09-30
10-Q 2015-08-05 Quarter: 2015-06-30
10-Q 2015-05-06 Quarter: 2015-03-31
10-K 2015-02-25 Annual: 2014-12-31
10-Q 2014-11-05 Quarter: 2014-09-30
10-Q 2014-08-06 Quarter: 2014-06-30
10-Q 2014-05-07 Quarter: 2014-03-31
10-K 2014-02-26 Annual: 2013-12-31
10-Q 2013-11-05 Quarter: 2013-09-30
10-Q 2013-08-06 Quarter: 2013-06-30
10-Q 2013-05-02 Quarter: 2013-03-31
10-K 2013-02-27 Annual: 2012-12-31
10-Q 2012-11-06 Quarter: 2012-11-06
10-Q 2012-08-02 Quarter: 2012-06-30
10-Q 2012-05-03 Quarter: 2012-03-31
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 2011-02-25 Annual: 2010-12-31
10-Q 2010-11-03 Quarter: 2010-09-30
10-Q 2010-08-04 Quarter: 2010-06-30
10-Q 2010-05-06 Quarter: 2010-03-31
10-K 2010-02-26 Annual: 2009-12-31
8-K 2020-01-03 Regulation FD
8-K 2019-11-26
8-K 2019-11-01
8-K 2019-10-01 Regulation FD
8-K 2019-08-13 Other Events, Exhibits
8-K 2019-08-02
8-K 2019-07-01 Regulation FD
8-K 2019-05-29 Shareholder Vote
8-K 2019-04-26
8-K 2019-04-10 Regulation FD
8-K 2019-03-25
8-K 2019-02-26
8-K 2019-02-01
8-K 2018-11-02
8-K 2018-07-27
8-K 2018-06-07
8-K 2018-05-30 Shareholder Vote
8-K 2018-04-27
8-K 2018-03-15
8-K 2018-02-08
8-K 2018-02-02
8-K 2018-01-31
8-K 2018-01-19 Regulation FD
XOM 2019-09-30
Item 2.Management's Discussion and Analysis of Financial Condition and Results of Operations
Item 3. Quantitative and Qualitative Disclosures About Market Risk
Item 4. Controls and Procedures
Part II. Other Information
Item 1. Legal Proceedings
Item 6. Exhibits
EX-31.1 xomexhibit311.htm
EX-31.2 xomexhibit312.htm
EX-31.3 xomexhibit313.htm
EX-32.1 xomexhibit321.htm
EX-32.2 xomexhibit322.htm
EX-32.3 xomexhibit323.htm

Exxon Mobil Earnings 2019-09-30

XOM 10Q Quarterly Report

Balance SheetIncome StatementCash Flow

Comparables ($MM TTM)
Ticker M Cap Assets Liab Rev G Profit Net Inc EBITDA EV G Margin EV/EBITDA ROA
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%
YPF 5,145 994,016 631,659 0 0 0 0 5,145 0%

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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

or

 

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

THE SECURITIES EXCHANGE ACT OF 1934

 

For the transition period from __________to________

 

Commission File Number 1-2256

 

Exxon Mobil Corporation

(Exact name of registrant as specified in its charter)

 

New Jersey

 

13-5409005

(State or other jurisdiction of

 

(I.R.S. Employer

incorporation or organization)

 

Identification Number)

 

5959 Las Colinas Boulevard, Irving, Texas 75039-2298

(Address of principal executive offices) (Zip Code)

 

(972) 940-6000

(Registrant's telephone number, including area code)

 

 

 

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

 

 

 

 

 

 

Name of Each Exchange

Title of Each Class

 

Trading Symbol

 

on Which Registered

Common Stock, without par value

 

XOM

 

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 and posted 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 and post such files). Yes No

 

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, 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  

 

Indicate the number of shares outstanding of each of the issuer's classes of common stock, as of the latest practicable date.

 

Class

 

Outstanding as of September 30, 2019

Common stock, without par value

 

4,231,106,066

 

 


 

EXXON MOBIL CORPORATION

FORM 10-Q

FOR THE QUARTERLY PERIOD ENDED SEPTEMBER 30, 2019

 

TABLE OF CONTENTS

 

 

PART I. FINANCIAL INFORMATION

 

 

 

Item 1.Financial Statements

 

 

 

Condensed Consolidated Statement of Income

Three and nine months ended September 30, 2019 and 2018

3

 

 

Condensed Consolidated Statement of Comprehensive Income

Three and nine months ended September 30, 2019 and 2018

4

 

 

Condensed Consolidated Balance Sheet

As of September 30, 2019 and December 31, 2018

5

 

 

Condensed Consolidated Statement of Cash Flows

Nine months ended September 30, 2019 and 2018

6

 

 

Condensed Consolidated Statement of Changes in Equity

Three months ended September 30, 2019 and 2018

7

 

 

Condensed Consolidated Statement of Changes in Equity

Nine months ended September 30, 2019 and 2018

8

 

 

Notes to Condensed Consolidated Financial Statements

9

 

 

Item 2.Management's Discussion and Analysis of Financial

Condition and Results of Operations

20

 

 

Item 3.Quantitative and Qualitative Disclosures About Market Risk

28

 

 

Item 4.Controls and Procedures

28

 

 

 

 

PART II. OTHER INFORMATION

 

Item 1.Legal Proceedings

29

 

 

Item 2.Unregistered Sales of Equity Securities and Use of Proceeds

30

 

 

Item 6.Exhibits

30

 

 

Index to Exhibits

31

 

 

Signature

32

 

 

 

 


2


 

PART I. FINANCIAL INFORMATION

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Item 1. Financial Statements

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

EXXON MOBIL CORPORATION

CONDENSED CONSOLIDATED STATEMENT OF INCOME

(millions of dollars)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

 

 

September 30,

 

 

September 30,

 

 

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

Revenues and other income

 

 

 

 

 

 

 

 

 

 

 

 

 

Sales and other operating revenue

 

 

63,422

 

 

74,187

 

 

192,559

 

 

211,079

 

Income from equity affiliates

 

 

1,196

 

 

1,960

 

 

4,264

 

 

5,599

 

Other income

 

 

431

 

 

458

 

 

942

 

 

1,639

 

 

Total revenues and other income

 

 

65,049

 

 

76,605

 

 

197,765

 

 

218,317

Costs and other deductions

 

 

 

 

 

 

 

 

 

 

 

 

 

Crude oil and product purchases

 

 

35,290

 

 

41,776

 

 

109,033

 

 

119,391

 

Production and manufacturing expenses

 

 

8,848

 

 

9,097

 

 

27,340

 

 

26,506

 

Selling, general and administrative expenses

 

 

2,753

 

 

2,892

 

 

8,350

 

 

8,632

 

Depreciation and depletion

 

 

4,873

 

 

4,658

 

 

14,075

 

 

13,717

 

Exploration expenses, including dry holes

 

 

299

 

 

292

 

 

912

 

 

911

 

Non-service pension and postretirement benefit expense

 

 

357

 

 

307

 

 

1,028

 

 

952

 

Interest expense

 

 

232

 

 

200

 

 

629

 

 

551

 

Other taxes and duties

 

 

7,676

 

 

8,303

 

 

22,756

 

 

24,825

 

 

Total costs and other deductions

 

 

60,328

 

 

67,525

 

 

184,123

 

 

195,485

Income before income taxes

 

 

4,721

 

 

9,080

 

 

13,642

 

 

22,832

 

Income taxes

 

 

1,474

 

 

2,634

 

 

4,598

 

 

7,617

Net income including noncontrolling interests

 

 

3,247

 

 

6,446

 

 

9,044

 

 

15,215

 

Net income attributable to noncontrolling interests

 

 

77

 

 

206

 

 

394

 

 

375

Net income attributable to ExxonMobil

 

 

3,170

 

 

6,240

 

 

8,650

 

 

14,840

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per common share (dollars)

 

 

0.75

 

 

1.46

 

 

2.03

 

 

3.47

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per common share - assuming dilution (dollars)

 

 

0.75

 

 

1.46

 

 

2.03

 

 

3.47



The information in the Notes to Condensed Consolidated Financial Statements is an integral part of these statements.


3


 

EXXON MOBIL CORPORATION

CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME

(millions of dollars)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

 

 

 

September 30,

 

 

September 30,

 

 

 

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income including noncontrolling interests

 

 

3,247

 

 

6,446

 

 

9,044

 

 

15,215

Other comprehensive income (net of income taxes)

 

 

 

 

 

 

 

 

 

 

 

 

 

Foreign exchange translation adjustment

 

 

(1,424)

 

 

124

 

 

(75)

 

 

(2,720)

 

Adjustment for foreign exchange translation (gain)/loss

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

included in net income

 

 

-

 

 

-

 

 

-

 

 

186

 

Postretirement benefits reserves adjustment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(excluding amortization)

 

 

103

 

 

(3)

 

 

43

 

 

(394)

 

Amortization and settlement of postretirement benefits reserves

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

adjustment included in net periodic benefit costs

 

 

186

 

 

223

 

 

512

 

 

689

 

 

Total other comprehensive income

 

 

(1,135)

 

 

344

 

 

480

 

 

(2,239)

Comprehensive income including noncontrolling interests

 

 

2,112

 

 

6,790

 

 

9,524

 

 

12,976

 

Comprehensive income attributable to

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

noncontrolling interests

 

 

14

 

 

311

 

 

587

 

 

205

Comprehensive income attributable to ExxonMobil

 

 

2,098

 

 

6,479

 

 

8,937

 

 

12,771



The information in the Notes to Condensed Consolidated Financial Statements is an integral part of these statements.


4


 

EXXON MOBIL CORPORATION

 

CONDENSED CONSOLIDATED BALANCE SHEET

 

(millions of dollars)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sept. 30,

 

 

Dec. 31,

 

 

 

 

 

 

 

2019

 

 

2018

 

Assets

 

 

 

 

 

 

 

 

Current assets

 

 

 

 

 

 

 

 

 

Cash and cash equivalents

 

 

5,351

 

 

3,042

 

 

 

Notes and accounts receivable – net

 

 

25,308

 

 

24,701

 

 

 

Inventories

 

 

 

 

 

 

 

 

 

 

Crude oil, products and merchandise

 

 

13,131

 

 

14,803

 

 

 

 

Materials and supplies

 

 

4,459

 

 

4,155

 

 

 

Other current assets

 

 

1,759

 

 

1,272

 

 

 

 

Total current assets

 

 

50,008

 

 

47,973

 

 

Investments, advances and long-term receivables

 

 

42,920

 

 

40,790

 

 

Property, plant and equipment – net

 

 

250,512

 

 

247,101

 

 

Other assets, including intangibles – net

 

 

15,921

 

 

10,332

 

 

 

 

Total assets

 

 

359,361

 

 

346,196

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

Current liabilities

 

 

 

 

 

 

 

 

 

Notes and loans payable

 

 

21,196

 

 

17,258

 

 

 

Accounts payable and accrued liabilities

 

 

40,541

 

 

37,268

 

 

 

Income taxes payable

 

 

2,458

 

 

2,612

 

 

 

 

Total current liabilities

 

 

64,195

 

 

57,138

 

 

Long-term debt

 

 

25,950

 

 

20,538

 

 

Postretirement benefits reserves

 

 

19,365

 

 

20,272

 

 

Deferred income tax liabilities

 

 

26,513

 

 

27,244

 

 

Long-term obligations to equity companies

 

 

4,232

 

 

4,382

 

 

Other long-term obligations

 

 

21,997

 

 

18,094

 

 

 

 

Total liabilities

 

 

162,252

 

 

147,668

 

 

 

 

 

 

 

 

 

 

 

 

Commitments and contingencies (Note 3)

 

 

-

 

 

-

 

 

 

 

 

 

 

 

 

Equity

 

 

 

 

 

 

 

 

Common stock without par value

 

 

 

 

 

 

 

 

 

(9,000 million shares authorized, 8,019 million shares issued)

 

 

15,795

 

 

15,258

 

 

Earnings reinvested

 

 

419,367

 

 

421,653

 

 

Accumulated other comprehensive income

 

 

(19,277)

 

 

(19,564)

 

 

Common stock held in treasury

 

 

 

 

 

 

 

 

 

(3,788 million shares at September 30, 2019 and

 

 

 

 

 

 

 

 

 

3,782 million shares at December 31, 2018)

 

 

(225,970)

 

 

(225,553)

 

 

 

 

ExxonMobil share of equity

 

 

189,915

 

 

191,794

 

 

Noncontrolling interests

 

 

7,194

 

 

6,734

 

 

 

 

Total equity

 

 

197,109

 

 

198,528

 

 

 

 

Total liabilities and equity

 

 

359,361

 

 

346,196

 



The information in the Notes to Condensed Consolidated Financial Statements is an integral part of these statements.


5


 

EXXON MOBIL CORPORATION

 

CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS

 

(millions of dollars)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ended

 

 

 

 

 

 

 

September 30,

 

 

 

 

 

 

 

2019

 

 

2018

 

Cash flows from operating activities

 

 

 

 

 

 

 

 

Net income including noncontrolling interests

 

 

9,044

 

 

15,215

 

 

Depreciation and depletion

 

 

14,075

 

 

13,717

 

 

Changes in operational working capital, excluding cash and debt

 

 

2,564

 

 

(25)

 

 

All other items – net

 

 

(2,319)

 

 

(1,500)

 

 

 

 

Net cash provided by operating activities

 

 

23,364

 

 

27,407

 

 

 

 

 

 

 

 

 

 

 

 

Cash flows from investing activities

 

 

 

 

 

 

 

 

Additions to property, plant and equipment

 

 

(17,657)

 

 

(13,480)

 

 

Proceeds associated with sales of subsidiaries, property, plant and

 

 

 

 

 

 

 

 

 

equipment, and sales and returns of investments

 

 

600

 

 

3,239

 

 

Additional investments and advances

 

 

(2,532)

 

 

(1,113)

 

 

Other investing activities including collection of advances

 

 

769

 

 

492

 

 

 

 

Net cash used in investing activities

 

 

(18,820)

 

 

(10,862)

 

 

 

 

 

 

 

 

 

 

 

 

Cash flows from financing activities

 

 

 

 

 

 

 

 

Additions to long-term debt

 

 

7,019

 

 

-

 

 

Reductions in short-term debt

 

 

(3,836)

 

 

(4,279)

 

 

Additions/(reductions) in commercial paper, and debt with three

 

 

 

 

 

 

 

 

 

months or less maturity (1)

 

 

6,139

 

 

1,626

 

 

Cash dividends to ExxonMobil shareholders

 

 

(10,936)

 

 

(10,296)

 

 

Cash dividends to noncontrolling interests

 

 

(157)

 

 

(192)

 

 

Changes in noncontrolling interests

 

 

30

 

 

(374)

 

 

Common stock acquired

 

 

(421)

 

 

(430)

 

 

 

 

Net cash used in financing activities

 

 

(2,162)

 

 

(13,945)

 

Effects of exchange rate changes on cash

 

 

(73)

 

 

(108)

 

Increase/(decrease) in cash and cash equivalents

 

 

2,309

 

 

2,492

 

Cash and cash equivalents at beginning of period

 

 

3,042

 

 

3,177

 

Cash and cash equivalents at end of period

 

 

5,351

 

 

5,669

 

 

 

 

 

 

 

 

 

 

 

 

Supplemental Disclosures

 

 

 

 

 

 

 

 

Income taxes paid

 

 

5,259

 

 

6,740

 

 

Cash interest paid

 

 

 

 

 

 

 

 

 

Included in cash flows from operating activities

 

 

515

 

 

337

 

 

 

Capitalized, included in cash flows from investing activities

 

 

540

 

 

502

 

 

 

Total cash interest paid

 

 

1,055

 

 

839

 



(1) Includes a net addition of commercial paper with a maturity of over three months of $3.1 billion in 2019 and $0.3 billion in 2018. The gross amount of commercial paper with a maturity of over three months issued was $13.4 billion in 2019 and $3.1 billion in 2018, while the gross amount repaid was $10.3 billion in 2019 and $2.8 billion in 2018.

 

The information in the Notes to Condensed Consolidated Financial Statements is an integral part of these statements.

 


6


 

 

EXXON MOBIL CORPORATION

 

CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY

 

(millions of dollars)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

ExxonMobil Share of Equity

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accumulated

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other

 

Common

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Compre-

 

Stock

 

ExxonMobil

 

Non-

 

 

 

 

 

 

 

 

Common

 

Earnings

 

hensive

 

Held in

 

Share of

 

controlling

 

Total

 

 

 

 

 

Stock

 

Reinvested

 

Income

 

Treasury

 

Equity

 

Interests

 

Equity

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance as of June 30, 2018

 

 

15,086

 

 

416,418

 

 

(18,609)

 

 

(225,673)

 

 

187,222

 

 

6,311

 

 

193,533

 

Amortization of stock-based awards

 

 

169

 

 

-

 

 

-

 

 

-

 

 

169

 

 

-

 

 

169

 

Other

 

 

(1)

 

 

-

 

 

-

 

 

-

 

 

(1)

 

 

(1)

 

 

(2)

 

Net income for the period

 

 

-

 

 

6,240

 

 

-

 

 

-

 

 

6,240

 

 

206

 

 

6,446

 

Dividends - common shares

 

 

-

 

 

(3,503)

 

 

-

 

 

-

 

 

(3,503)

 

 

(57)

 

 

(3,560)

 

Other comprehensive income

 

 

-

 

 

-

 

 

239

 

 

-

 

 

239

 

 

105

 

 

344

 

Acquisitions, at cost

 

 

-

 

 

-

 

 

-

 

 

(1)

 

 

(1)

 

 

(98)

 

 

(99)

Balance as of September 30, 2018

 

 

15,254

 

 

419,155

 

 

(18,370)

 

 

(225,674)

 

 

190,365

 

 

6,466

 

 

196,831

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance as of June 30, 2019

 

 

15,639

 

 

419,913

 

 

(18,205)

 

 

(225,970)

 

 

191,377

 

 

7,088

 

 

198,465

 

Amortization of stock-based awards

 

 

156

 

 

-

 

 

-

 

 

-

 

 

156

 

 

-

 

 

156

 

Other

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

275

 

 

275

 

Net income for the period

 

 

-

 

 

3,170

 

 

-

 

 

-

 

 

3,170

 

 

77

 

 

3,247

 

Dividends - common shares

 

 

-

 

 

(3,716)

 

 

-

 

 

-

 

 

(3,716)

 

 

(57)

 

 

(3,773)

 

Other comprehensive income

 

 

-

 

 

-

 

 

(1,072)

 

 

-

 

 

(1,072)

 

 

(63)

 

 

(1,135)

 

Acquisitions, at cost

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

(79)

 

 

(79)

 

Dispositions

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

(47)

 

 

(47)

Balance as of September 30, 2019

 

 

15,795

 

 

419,367

 

 

(19,277)

 

 

(225,970)

 

 

189,915

 

 

7,194

 

 

197,109

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended September 30, 2019

 

 

 

 

Three Months Ended September 30, 2018

 

 

 

 

 

 

 

 

Held in

 

 

 

 

 

 

 

 

 

 

Held in

 

 

 

 

Common Stock Share Activity

 

Issued

 

Treasury

 

Outstanding

 

 

 

 

Issued

 

Treasury

 

Outstanding

 

 

 

 

(millions of shares)

 

 

 

 

(millions of shares)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance as of June 30

 

 

8,019

 

 

(3,788)

 

 

4,231

 

 

 

 

 

8,019

 

 

(3,785)

 

 

4,234

 

 

 

Acquisitions

 

 

-

 

 

-

 

 

-

 

 

 

 

 

-

 

 

-

 

 

-

 

 

 

Dispositions

 

 

-

 

 

-

 

 

-

 

 

 

 

 

-

 

 

-

 

 

-

 

Balance as of September 30

 

 

8,019

 

 

(3,788)

 

 

4,231

 

 

 

 

 

8,019

 

 

(3,785)

 

 

4,234



The information in the Notes to Condensed Consolidated Financial Statements is an integral part of these statements.


7


 

 

EXXON MOBIL CORPORATION

 

CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY

 

(millions of dollars)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

ExxonMobil Share of Equity

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accumulated

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other

 

Common

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Compre-

 

Stock

 

ExxonMobil

 

Non-

 

 

 

 

 

 

 

 

Common

 

Earnings

 

hensive

 

Held in

 

Share of

 

controlling

 

Total

 

 

 

 

 

Stock

 

Reinvested

 

Income

 

Treasury

 

Equity

 

Interests

 

Equity

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance as of December 31, 2017

 

 

14,656

 

 

414,540

 

 

(16,262)

 

 

(225,246)

 

 

187,688

 

 

6,812

 

 

194,500

 

Amortization of stock-based awards

 

 

605

 

 

-

 

 

-

 

 

-

 

 

605

 

 

-

 

 

605

 

Other

 

 

(7)

 

 

-

 

 

-

 

 

-

 

 

(7)

 

 

(8)

 

 

(15)

 

Net income for the period

 

 

-

 

 

14,840

 

 

-

 

 

-

 

 

14,840

 

 

375

 

 

15,215

 

Dividends - common shares

 

 

-

 

 

(10,296)

 

 

-

 

 

-

 

 

(10,296)

 

 

(192)

 

 

(10,488)

 

Cumulative effect of accounting

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

change

 

 

-

 

 

71

 

 

(39)

 

 

-

 

 

32

 

 

15

 

 

47

 

Other comprehensive income

 

 

-

 

 

-

 

 

(2,069)

 

 

-

 

 

(2,069)

 

 

(170)

 

 

(2,239)

 

Acquisitions, at cost

 

 

-

 

 

-

 

 

-

 

 

(