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

	Dec 31, 2025	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
Cash and cash equivalents	10,681)	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)
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	44,562)	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)
Crude oil, products and merchandise	22,979)	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)
Materials and supplies	3,323)	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)
Inventories	26,302)	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)
Other current assets	1,837)	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)
Current assets	83,382)	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)
Investments, advances and long-term receivables	45,317)	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)
Property, plant and equipment, net	299,373)	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)
Other assets, including intangibles, net	20,908)	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)
Long-term assets	365,598)	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)
Total assets	448,980)	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)

The asset composition of the company exhibits significant fluctuations over the analyzed period, spanning from March 2021 to December 2025. A notable increase in current assets is observed, particularly in cash and cash equivalents, alongside variations in other current asset components. Long-term assets demonstrate relative stability, with property, plant, and equipment constituting the largest portion. Overall asset values show a substantial increase in late 2024 and early 2025, followed by a slight decrease at the end of the period.

Cash and Cash Equivalents: Cash and cash equivalents experienced a substantial increase from approximately US$3.5 billion in March 2021 to a peak of US$30.4 billion in September 2022. This was followed by a gradual decline to US$10.7 billion in December 2023, and continued to decrease to US$10.7 billion in December 2025. A smaller amount of restricted cash and cash equivalents is present, increasing significantly in late 2024 before decreasing again.
Current Assets: Current assets generally trended upward from US$48.2 billion in March 2021 to a high of US$101.1 billion in September 2023. A decrease is then observed, falling to US$83.4 billion by December 2025. This movement is largely influenced by the fluctuations in cash and cash equivalents, as well as changes in notes and accounts receivable and inventories.
Notes and Accounts Receivable: Notes and accounts receivable, net, increased from US$24.8 billion in March 2021 to US$48.1 billion in June 2022, before decreasing to US$38.0 billion in December 2022. The values fluctuate between US$35.9 billion and US$46.3 billion over the remainder of the period, with a slight upward trend in the final quarters.
Inventories: Inventories demonstrate a relatively stable pattern, ranging between US$18.4 billion and US$27.2 billion. A general upward trend is visible throughout the period, with a peak in September 2025 at US$27.2 billion. The composition of inventories, including crude oil, products, and merchandise, and materials and supplies, contributes to this overall trend.
Long-Term Assets: Long-term assets, primarily consisting of property, plant, and equipment, net, remained relatively stable between US$281.1 billion and US$299.6 billion for most of the period. A significant increase in property, plant, and equipment is observed in June 2024, reaching US$298.3 billion, before decreasing slightly. Other long-term assets, including intangibles, also contribute to the overall long-term asset value, showing a gradual increase over time.
Total Assets: Total assets increased from US$333.8 billion in March 2021 to a peak of US$461.9 billion in June 2024. A subsequent decrease is observed, with total assets reaching US$448.9 billion by December 2025. This overall trend reflects the combined movements of both current and long-term asset categories.

Exxon Mobil Corp. (NYSE:XOM)

Balance Sheet: Assets
Quarterly Data

Assets: Selected Items

Current Assets: Selected Items

Exxon Mobil Corp. (NYSE:XOM)

Balance Sheet: Assets Quarterly Data

Assets: Selected Items

Current Assets: Selected Items

Balance Sheet: Assets
Quarterly Data