Stock Analysis on Net

Exxon Mobil Corp. (NYSE:XOM)

Cash Flow Statement 

The cash flow statement provides information about a company cash receipts and cash payments during an accounting period, showing how these cash flows link the ending cash balance to the beginning balance shown on the company balance sheet.

The cash flow statement consists of three parts: cash flows provided by (used in) operating activities, cash flows provided by (used in) investing activities, and cash flows provided by (used in) financing activities.

Exxon Mobil Corp., consolidated cash flow statement

US$ in millions

Microsoft Excel
12 months ended: Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Net income (loss) including noncontrolling interests 35,063 37,354 57,577 23,598 (23,251)
Depreciation and depletion, includes impairments 23,442 20,641 24,040 20,607 46,009
Deferred income tax charges (credits) (865) 634 3,758 303 (8,856)
Postretirement benefits expense in excess of (less than) net payments (358) 90 (2,981) 754 498
Other long-term obligation provisions in excess of (less than) payments (1,712) (1,501) (1,932) 50 (1,269)
Adjustments for noncash transactions 20,507 19,864 22,885 21,714 36,382
Dividends received greater than (less than) equity in current earnings of equity companies 191 509 (2,446) (668) 979
Notes and accounts receivable, reduction (increase) (6,030) 4,370 (11,019) (12,098) 5,384
Inventories, reduction (increase) (1,812) (3,472) (6,947) (489) (315)
Other current assets, reduction (increase) 389 (426) (688) (71) 420
Accounts and other payables, increase (reduction) 5,627 (4,727) 18,460 16,820 (7,142)
Changes in operational working capital, excluding cash and debt (1,826) (4,255) (194) 4,162 (1,653)
Net (gain) loss on asset sales (1,223) (513) (1,034) (1,207) 4
All other items, net 2,310 2,410 9 530 2,207
Net cash provided by operating activities 55,022 55,369 76,797 48,129 14,668
Additions to property, plant and equipment (24,306) (21,919) (18,407) (12,076) (17,282)
Proceeds from asset sales and returns of investments 4,987 4,078 5,247 3,176 999
Additional investments and advances (3,299) (2,995) (3,090) (2,817) (4,857)
Other investing activities including collection of advances 1,926 1,562 1,508 1,482 2,681
Cash acquired from mergers and acquisitions 754
Net cash used in investing activities (19,938) (19,274) (14,742) (10,235) (18,459)
Additions to long-term debt 899 939 637 46 23,186
Reductions in long-term debt (1,150) (15) (5) (8) (8)
Additions to short-term debt 198 12,687 35,396
Reductions in short-term debt (4,743) (879) (8,075) (29,396) (28,742)
Additions (reductions) in debt with three months or less maturity (18) (284) 25 (2,983) (9,691)
Contingent consideration payments (27) (68) (58) (30) (21)
Cash dividends to ExxonMobil shareholders (16,704) (14,941) (14,939) (14,924) (14,865)
Cash dividends to noncontrolling interests (658) (531) (267) (224) (188)
Changes in noncontrolling interests (791) (894) (1,493) (436) 623
Inflows from noncontrolling interests for major projects 32 124 18
Common stock acquired (19,629) (17,748) (15,155) (155) (405)
Net cash provided by (used in) financing activities (42,789) (34,297) (39,114) (35,423) 5,285
Effects of exchange rate changes on cash (676) 105 (78) (33) (219)
Increase (decrease) in cash and cash equivalents (8,381) 1,903 22,863 2,438 1,275
Cash and cash equivalents at beginning of year 31,568 29,665 6,802 4,364 3,089
Cash and cash equivalents at end of year 23,187 31,568 29,665 6,802 4,364

Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).

Cash flow statement item Description The company
Net cash provided by operating activities Amount of cash inflow (outflow) from operating activities, excluding discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Exxon Mobil Corp. net cash provided by operating activities decreased from 2022 to 2023 and from 2023 to 2024.
Net cash used in investing activities Amount of cash inflow (outflow) of investing activities, excluding discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. Exxon Mobil Corp. net cash used in investing activities decreased from 2022 to 2023 and from 2023 to 2024.
Net cash provided by (used in) financing activities Amount of cash inflow (outflow) of financing activities, excluding discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. Exxon Mobil Corp. net cash provided by (used in) financing activities increased from 2022 to 2023 but then decreased significantly from 2023 to 2024.