← EXXON MOBIL CORP
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income (Loss) Attributable to Parent | $7.8b | $19.7b | $20.8b | $14.3b | ($22.4b) | $23.0b | $55.7b | $36.0b | $33.7b | $28.8b | |
| Net income (loss) including noncontrolling interests | $8.4b | $19.8b | $21.4b | $14.8b | ($23.3b) | $23.6b | $57.6b | $37.4b | $35.1b | $29.8b | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $535.0m | $138.0m | $581.0m | $434.0m | ($811.0m) | $558.0m | $1.8b | $1.3b | $1.4b | $920.0m | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $8.4b | $19.8b | $21.4b | $14.8b | ($23.3b) | $23.6b | $57.6b | $37.4b | $35.1b | $29.8b | |
| Depreciation and depletion (includes impairments) | $22.3b | $19.9b | $18.7b | $19.0b | $46.0b | $20.6b | $24.0b | $20.6b | $23.4b | $26.0b | |
| Depreciation, Depletion and Amortization | $22.3b | $19.9b | $18.7b | $19.0b | $46.0b | $20.6b | $24.0b | $20.6b | $23.4b | $26.0b | |
| Deferred Income Tax Expense (Benefit) | ($4.4b) | ($8.6b) | ($60.0m) | ($944.0m) | ($8.9b) | $303.0m | $3.8b | $634.0m | ($865.0m) | $765.0m | |
| Deferred income tax charges/(credits) | ($4.4b) | ($8.6b) | ($60.0m) | ($944.0m) | ($8.9b) | $303.0m | $3.8b | $634.0m | ($865.0m) | $765.0m | |
| Goodwill, Impairment Loss | — | — | — | — | $611.0m | — | — | — | — | — | |
| Gain (Loss) on Disposition of Assets | $1.7b | $334.0m | $2.0b | $1.7b | ($4.0m) | $1.2b | $1.0b | $513.0m | $1.2b | $1.1b | |
| Income (Loss) from Equity Method Investments | $4.8b | $5.4b | $7.4b | $5.4b | $1.7b | $6.7b | $11.5b | $6.4b | — | — | |
| Income Tax Expense (Benefit) | ($406.0m) | ($1.2b) | $9.5b | $5.3b | ($5.6b) | $7.6b | $20.2b | $15.4b | $13.8b | $11.5b | |
| Other Nonoperating Income (Expense) | — | — | — | $3.9b | $1.2b | $2.3b | — | — | — | — | |
| Income (Loss) from Equity Method Investments, Net of Dividends or Distributions | $579.0m | ($131.0m) | $1.7b | $936.0m | ($979.0m) | $668.0m | $2.4b | ($509.0m) | ($191.0m) | ($3.0b) | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Accounts and other payables increase/(reduction) | $915.0m | $5.1b | $2.3b | $3.7b | ($7.1b) | $16.8b | $18.5b | ($4.7b) | $5.6b | ($222.0m) | |
| Additional investments and advances | ($1.4b) | ($5.5b) | ($2.0b) | ($3.9b) | ($4.9b) | ($2.8b) | ($3.1b) | ($3.0b) | ($3.3b) | ($4.1b) | |
| Additions to long-term debt | $12.1b | $60.0m | $46.0m | $7.1b | $23.2b | $46.0m | $637.0m | $939.0m | $899.0m | $2.3b | |
| Additions to short-term debt | — | $1.7b | — | $19.0b | $35.4b | $12.7b | $198.0m | $0 | $0 | $2.4b | |
| Additions/(reductions) in commercial paper, and debt with three months or less maturity | — | $2.2b | ($219.0m) | $5.7b | ($1.3b) | ($3.0b) | $25.0m | ($284.0m) | ($18.0m) | $1.9b | |
| All other items - net | ($214.0m) | ($771.0m) | ($61.0m) | $1.5b | $2.2b | $530.0m | $9.0m | $2.4b | $2.3b | $2.8b | |
| Asset Retirement Obligation, Accretion Expense | $740.0m | $780.0m | $681.0m | $649.0m | $584.0m | $548.0m | $744.0m | $734.0m | $709.0m | $623.0m | |
| Cash acquired from mergers and acquisitions | — | — | — | — | — | — | $0 | $0 | $754.0m | $0 | |
| Common stock acquired | ($977.0m) | ($747.0m) | ($626.0m) | ($594.0m) | ($405.0m) | ($155.0m) | ($15.2b) | ($17.7b) | ($19.6b) | ($20.3b) | |
| Contingent consideration payments | — | — | $0 | $0 | ($21.0m) | ($30.0m) | ($58.0m) | ($68.0m) | ($27.0m) | ($79.0m) | |
| Foreign Currency Transaction Gain (Loss), before Tax | $29.0m | $6.0m | ($138.0m) | ($104.0m) | ($24.0m) | ($18.0m) | ($218.0m) | ($51.0m) | ($507.0m) | $200.0m | |
| Increase (Decrease) in Accounts Payable | $915.0m | $5.1b | $2.3b | $3.7b | ($7.1b) | $16.8b | $18.5b | ($4.7b) | $5.6b | ($222.0m) | |
| Increase (Decrease) in Inventories | $388.0m | $1.7b | $3.1b | ($72.0m) | $315.0m | $489.0m | $6.9b | $3.5b | $1.8b | $4.3b | |
| Inventories reduction/(increase) | ($388.0m) | ($1.7b) | ($3.1b) | $72.0m | ($315.0m) | ($489.0m) | ($6.9b) | ($3.5b) | ($1.8b) | ($4.3b) | |
| Investment Income, Interest | $30.0m | $36.0m | $64.0m | $84.0m | $49.0m | $33.0m | $446.0m | $1.6b | — | — | |
| Net (gain)/loss on asset sales | ($1.7b) | ($334.0m) | ($2.0b) | ($1.7b) | $4.0m | ($1.2b) | ($1.0b) | ($513.0m) | ($1.2b) | ($1.1b) | |
| Notes and accounts receivable reduction/(increase) | ($2.1b) | ($4.0b) | ($545.0m) | ($2.6b) | $5.4b | ($12.1b) | ($11.0b) | $4.4b | ($6.0b) | ($3.0b) | |
| Other current assets reduction/(increase) | $171.0m | ($117.0m) | ($25.0m) | ($234.0m) | $420.0m | ($71.0m) | ($688.0m) | ($426.0m) | $389.0m | ($164.0m) | |
| Other long-term obligation provisions in excess of/(less than) payments | ($19.0m) | ($610.0m) | ($68.0m) | ($3.0b) | ($1.3b) | $50.0m | ($1.9b) | ($1.5b) | ($1.7b) | ($1.4b) | |
| Postretirement benefits expense in excess of/(less than) net payments | ($329.0m) | $1.1b | $1.1b | $109.0m | $498.0m | $754.0m | ($3.0b) | $90.0m | ($358.0m) | ($64.0m) | |
| Reductions in long-term debt | — | — | $0 | ($1.0m) | ($8.0m) | ($8.0m) | ($5.0m) | ($15.0m) | ($1.1b) | ($1.1b) | |
| Reductions in short-term debt | ($314.0m) | ($5.0b) | ($4.8b) | ($4.0b) | ($1.7b) | ($29.4b) | ($8.1b) | ($879.0m) | ($4.7b) | ($5.4b) | |
| Gain (Loss) on Derivative Instruments, Net, Pretax | ($81.0m) | ($99.0m) | — | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Operating Activities | $22.1b | $30.1b | $36.0b | $29.7b | $14.7b | $48.1b | $76.8b | $55.4b | $55.0b | $52.0b | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $16.2b | $15.4b | $19.6b | $24.4b | $17.3b | $12.1b | $18.4b | $21.9b | $24.3b | $28.4b | |
| Proceeds from asset sales and returns of investments | $4.3b | $3.1b | $4.1b | $3.7b | $999.0m | $3.2b | $5.2b | $4.1b | $5.0b | $3.2b | |
| Other investing activities including collection of advances | $902.0m | $2.1b | $986.0m | $1.5b | $2.7b | $1.5b | $1.5b | $1.6b | $1.9b | $3.4b | |
| Net Cash Provided by (Used in) Investing Activities | ($12.4b) | ($15.7b) | ($16.4b) | ($23.1b) | ($18.5b) | ($10.2b) | ($14.7b) | ($19.3b) | ($19.9b) | ($25.9b) | |
| Cash flows from financing activities: | |||||||||||
| Proceeds from Issuance of Long-term Debt | $12.1b | $60.0m | $46.0m | $7.1b | $23.2b | $46.0m | $637.0m | $939.0m | $899.0m | $2.3b | |
| Repayments of Long-term Debt | — | — | — | $1.0m | $8.0m | $8.0m | $5.0m | $15.0m | $1.1b | $1.1b | |
| Payments for Repurchase of Common Stock | $977.0m | $747.0m | $626.0m | $594.0m | $405.0m | $155.0m | $15.2b | $17.7b | $19.6b | $20.3b | |
| Payments of Ordinary Dividends, Common Stock | $12.5b | $13.0b | $13.8b | $14.7b | $14.9b | $14.9b | $14.9b | $14.9b | $16.7b | $17.2b | |
| Cash dividends to noncontrolling interests | ($162) | ($184) | ($243) | ($192) | ($188) | ($224) | ($267) | ($531) | ($658) | ($935) | |
| Changes in noncontrolling interests | — | ($150.0m) | $146.0m | $158.0m | $623.0m | ($436.0m) | ($1.5b) | ($770.0m) | ($791.0m) | ($704.0m) | |
| Inflows from noncontrolling interests for major projects | — | — | — | — | — | — | $18.0m | $124.0m | $32.0m | $88.0m | |
| Proceeds from (Payments to) Noncontrolling Interests | — | ($150.0m) | $146.0m | $158.0m | $623.0m | ($436.0m) | ($1.5b) | ($770.0m) | ($791.0m) | ($704.0m) | |
| Cash dividends to ExxonMobil shareholders | ($12.5b) | ($13.0b) | ($13.8b) | ($14.7b) | ($14.9b) | ($14.9b) | ($14.9b) | ($14.9b) | ($16.7b) | ($17.2b) | |
| Dividends received greater than/(less than) equity in current earnings of equity companies | ($579) | $131 | ($2k) | ($936) | $979 | ($668) | ($2k) | $509 | $191 | $3k | |
| Net Cash Provided by (Used in) Financing Activities | ($9.3b) | ($15.1b) | ($19.4b) | ($6.6b) | $5.3b | ($35.4b) | ($39.1b) | ($34.3b) | ($42.8b) | ($39.1b) | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | $314.0m | ($257.0m) | $33.0m | ($219.0m) | ($33.0m) | ($78.0m) | $105.0m | ($676.0m) | $532.0m | |
| Effects of exchange rate changes on cash | — | $314.0m | ($257.0m) | $33.0m | ($219.0m) | ($33.0m) | ($78.0m) | $105.0m | ($676.0m) | $532.0m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | $314.0m | ($257.0m) | $47.0m | $1.3b | $2.4b | $22.9b | $1.9b | ($8.4b) | ($12.5b) | |
| Increase/(decrease) in cash and cash equivalents (including restricted) | ($48.0m) | ($480.0m) | ($135.0m) | $47.0m | $1.3b | $2.4b | $22.9b | $1.9b | ($8.4b) | ($12.5b) | |
| Cash and cash equivalents at beginning of year (including restricted) | $3.7b | $3.7b | $3.2b | $3.1b | $4.4b | $6.8b | $29.7b | $31.6b | $23.2b | $10.7b | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($48.0m) | ($480.0m) | ($135.0m) | $3.1b | $4.4b | $6.8b | $29.7b | $31.6b | $23.2b | $10.7b | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | — | $560.0m | $786.0m | $819.0m | $666.0m | $584.0m | $624.0m | $218.0m | |
| Income Taxes Paid, Net | $4.2b | $7.5b | $9.3b | $7.0b | $2.4b | $5.3b | $15.4b | $15.5b | $13.3b | $11.6b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.