Balance Sheet: Assets
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Exxon Mobil Corp., consolidated balance sheet: assets (quarterly data)

US$ in millions

	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Cash and cash equivalents	13,814)	14,352)	17,036)	23,029)	26,926)	26,460)	33,320)	31,539)	32,944)	29,528)	32,651)	29,640)	30,407)	18,861)	11,074)	6,802)	4,768)	3,465)	3,515)	4,364)	8,832)	12,576)	11,412)
Cash and cash equivalents, restricted	55)	1,359)	1,476)	158)	46)	28)	29)	29)	29)	29)	25)	25)	57)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)
Notes and accounts receivable, net	45,285)	41,792)	46,303)	43,681)	41,505)	43,071)	40,366)	38,015)	41,814)	35,915)	38,808)	41,749)	42,411)	48,063)	42,142)	32,383)	29,516)	28,540)	24,755)	20,581)	19,974)	19,036)	20,871)
Crude oil, products and merchandise	23,174)	21,364)	20,502)	19,444)	19,183)	19,685)	18,891)	20,528)	20,052)	20,006)	19,458)	20,434)	20,078)	19,580)	18,074)	14,519)	15,087)	14,711)	13,740)	14,169)	13,162)	15,028)	12,067)
Materials and supplies	4,064)	4,007)	3,976)	4,080)	4,692)	4,818)	4,600)	4,592)	4,398)	4,243)	4,184)	4,001)	4,018)	4,005)	4,103)	4,261)	4,520)	4,564)	4,617)	4,681)	4,723)	4,629)	4,434)
Inventories	27,238)	25,371)	24,478)	23,524)	23,875)	24,503)	23,491)	25,120)	24,450)	24,249)	23,642)	24,435)	24,096)	23,585)	22,177)	18,780)	19,607)	19,275)	18,357)	18,850)	17,885)	19,657)	16,501)
Other current assets	2,113)	2,234)	1,940)	1,598)	1,997)	2,176)	2,171)	1,906)	1,905)	2,039)	2,098)	1,782)	2,318)	2,654)	1,862)	1,189)	1,664)	1,562)	1,568)	1,098)	2,002)	1,747)	1,465)
Current assets	88,505)	85,108)	91,233)	91,990)	94,349)	96,238)	99,377)	96,609)	101,142)	91,760)	97,224)	97,631)	99,289)	93,163)	77,255)	59,154)	55,555)	52,842)	48,195)	44,893)	48,693)	53,016)	50,249)
Investments, advances and long-term receivables	46,138)	46,092)	47,853)	47,200)	48,869)	47,948)	47,608)	47,630)	48,066)	47,273)	49,044)	49,793)	50,235)	46,820)	46,329)	45,195)	45,641)	44,774)	44,181)	43,515)	43,609)	43,192)	42,981)
Property, plant and equipment, net	298,388)	295,356)	292,646)	294,318)	299,543)	298,283)	213,723)	214,940)	205,862)	206,736)	206,023)	204,692)	203,102)	209,159)	212,773)	216,552)	218,795)	223,012)	224,641)	227,553)	250,496)	250,524)	248,409)
Other assets, including intangibles, net	21,309)	21,041)	20,176)	19,967)	19,155)	18,238)	17,210)	17,138)	17,189)	17,479)	17,080)	16,951)	17,526)	18,632)	18,414)	18,022)	16,697)	16,661)	16,753)	16,789)	15,245)	14,763)	14,165)
Long-term assets	365,835)	362,489)	360,675)	361,485)	367,567)	364,469)	278,541)	279,708)	271,117)	271,488)	272,147)	271,436)	270,863)	274,611)	277,516)	279,769)	281,133)	284,447)	285,575)	287,857)	309,350)	308,479)	305,555)
Total assets	454,340)	447,597)	451,908)	453,475)	461,916)	460,707)	377,918)	376,317)	372,259)	363,248)	369,371)	369,067)	370,152)	367,774)	354,771)	338,923)	336,688)	337,289)	333,770)	332,750)	358,043)	361,495)	355,804)

The analysis of the quarterly financial data reveals several notable trends and patterns across key balance sheet components over the reported periods.

Cash and Cash Equivalents: The balance of cash and cash equivalents displayed significant fluctuations. After a decline through 2020, a strong recovery was observed in 2021 and the first half of 2022, peaking in the third quarter of 2022. Subsequently, amounts largely stabilized with some volatility through 2024 and early 2025, though showing a modest downward trend towards the latter quarters.
Restricted Cash and Cash Equivalents: Restricted cash values were minimal or unreported initially, with a minor increase noted starting at the end of 2022. A sharp rise occurred mid-2025, reflecting possible new or intensified restrictions, before declining sharply again.
Notes and Accounts Receivable, Net: Receivables amounted to around 20 billion in early 2020, followed by a steady increase through 2021 and early 2022. A peak was reached around mid-2023, after which a generally stable pattern with some oscillations was observed, remaining elevated above early 2020 levels.
Inventories (Crude Oil, Products, Merchandise; Materials and Supplies; Total Inventories): Total inventories exhibited a general upward trajectory with some seasonal variations. Crude oil and related merchandise values increased notably, especially from late 2021 through 2024, culminating in a peak in late 2024 and early 2025. Materials and supplies remained relatively steady with slight increases during the same period. Aggregate inventory levels paralleled these movements, reflecting increased stockholding.
Other Current Assets: These assets oscillated over time, showing some spikes particularly in mid-2021 to mid-2022, and again displaying variability without a clear directional trend in subsequent quarters. The data indicates a fluctuating management of miscellaneous short-term assets.
Total Current Assets: Current assets followed a similar pattern to cash and inventories, rising substantially from 2020 into 2022, peaking in that year, and then showing minor declines and fluctuations through 2024 and early 2025. Despite these changes, overall levels remained robust compared to earlier periods.
Investments, Advances, and Long-Term Receivables: These long-term financial assets stayed relatively stable across the observed timeline with minor fluctuations but without significant upward or downward trends. Some marginal declines were evident in mid-2023 to mid-2025.
Property, Plant, and Equipment, Net: This key non-current asset category exhibited a marked decrease from early 2020 until mid-2022, suggesting depreciation, disposals, or impairment activity. Notably, a pronounced increase was reported starting in early 2024, representing possible capital investments, asset revaluations, or acquisitions, with values rising sharply toward the end of the dataset.
Other Assets, Including Intangibles, Net: Other non-current assets showed moderate growth trends with some fluctuations, particularly increasing steadily from late 2023 onward. This pattern indicates incremental additions or revaluations of intangible or miscellaneous asset categories.
Total Long-Term Assets: Long-term assets followed the trend of property and other asset classes: a gradual decline through 2022 was reversed by strong increases starting in 2023, culminating in a substantial rise by early 2024 and sustained elevated levels thereafter.
Total Assets: The total asset base grew modestly in 2020 and 2021, with a more pronounced escalation in 2022. This was followed by a stabilization phase through 2023, after which total assets surged markedly in 2024, driven largely by the increases in property, plant, equipment, and other long-term assets. Despite some fluctuation at the end of the period, total assets remained at historically high levels.

In summary, the data portrays a company experiencing recovery and growth in liquidity and inventory levels from 2020 into 2022, with notable asset base expansion beginning in 2023 and accelerating through 2024. Long-term investment in fixed assets significantly contributed to the overall growth in total assets during the later reporting periods, signaling an emphasis on capital expenditure or asset enhancement initiatives. Meanwhile, fluctuations in current asset components such as cash and receivables suggest dynamic working capital management responding to operational conditions.

Assets: Selected Items

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Current Assets: Selected Items

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Exxon Mobil Corp. (NYSE:XOM)

Balance Sheet: Assets Quarterly Data

Assets: Selected Items

Current Assets: Selected Items

Balance Sheet: Assets
Quarterly Data