Stock Analysis on Net

Exxon Mobil Corp. (NYSE:XOM)

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

Microsoft Excel
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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Cash and cash equivalents 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 3,089 5,351 4,213 4,586
Cash and cash equivalents, restricted 46 28 29 29 29 29 25 25 57
Notes and accounts receivable, net 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 26,966 25,308 27,132 27,105
Crude oil, products and merchandise 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 14,010 13,131 14,379 13,979
Materials and supplies 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 4,518 4,459 4,456 4,353
Inventories 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 18,528 17,590 18,835 18,332
Other current assets 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 1,469 1,759 1,563 1,553
Current assets 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 50,052 50,008 51,743 51,576
Investments, advances and long-term receivables 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 43,164 42,920 42,533 42,068
Property, plant and equipment, net 299,543 298,283 213,723 214,940 205,862 206,736 206,023 204,692 203,102 209,159 212,773 216,552 218,795 223,012 224,641 227,553 250,496 250,524 248,409 253,018 250,512 250,853 248,563
Other assets, including intangibles, net 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 16,363 15,921 15,600 13,982
Long-term assets 367,567 364,469 278,541 279,708 271,117 271,488 272,147 271,436 270,863 274,611 277,516 279,769 281,133 284,447 285,575 287,857 309,350 308,479 305,555 312,545 309,353 308,986 304,613
Total assets 461,916 460,707 377,918 376,317 372,259 363,248 369,371 369,067 370,152 367,774 354,771 338,923 336,688 337,289 333,770 332,750 358,043 361,495 355,804 362,597 359,361 360,729 356,189

Based on: 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).


Assets: Selected Items

Balance sheet item Description The company
Current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Exxon Mobil Corp. current assets decreased from Q1 2024 to Q2 2024 and from Q2 2024 to Q3 2024.
Property, plant and equipment, net Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Exxon Mobil Corp. property, plant and equipment, net increased from Q1 2024 to Q2 2024 and from Q2 2024 to Q3 2024.
Long-term assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. Exxon Mobil Corp. long-term assets increased from Q1 2024 to Q2 2024 and from Q2 2024 to Q3 2024.
Total assets Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Exxon Mobil Corp. total assets increased from Q1 2024 to Q2 2024 and from Q2 2024 to Q3 2024.

Current Assets: Selected Items

Balance sheet item Description The company
Cash and cash equivalents Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Exxon Mobil Corp. cash and cash equivalents decreased from Q1 2024 to Q2 2024 but then slightly increased from Q2 2024 to Q3 2024.
Notes and accounts receivable, net The aggregate of amounts due from customers or clients, within one year of the balance sheet date (or one operating cycle, if longer), for goods or services that have been delivered or sold in the normal course of business and an amount representing an agreement for an unconditional promise by the maker to pay the entity (holder) a definite sum of money at a future date within one year of the balance sheet, reduced to their estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection and net of any write-downs taken for collection uncertainty on the part of the holder, respectively. Exxon Mobil Corp. notes and accounts receivable, net increased from Q1 2024 to Q2 2024 but then slightly decreased from Q2 2024 to Q3 2024 not reaching Q1 2024 level.
Inventories Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. Exxon Mobil Corp. inventories increased from Q1 2024 to Q2 2024 but then slightly decreased from Q2 2024 to Q3 2024 not reaching Q1 2024 level.