2013 Form 10-K Financial Statement

#000003408814000012 Filed on February 26, 2014

View on sec.gov

Income Statement

Concept 2013 2012 Q4 2012
Revenue $420.8B $109.2B $451.5B
YoY Change -6.79% -5.82% -3.32%
Cost Of Revenue $315.3B $80.83B $334.5B
YoY Change -5.74% -6.03% -1.72%
Gross Profit $105.6B $28.33B $117.0B
YoY Change -9.81% -5.23% -7.64%
Gross Profit Margin 25.08% 25.95% 25.92%
Selling, General & Admin $12.88B $11.49B $13.88B
YoY Change -7.21% -17.76% -7.38%
% of Gross Profit 12.2% 40.57% 11.86%
Research & Development $1.044B $452.0M $1.042B
YoY Change 0.19% 5.85% -0.19%
% of Gross Profit 0.99% 1.6% 0.89%
Depreciation & Amortization $17.18B $4.110B $15.89B
YoY Change 8.14% 0.86% 1.96%
% of Gross Profit 16.28% 14.51% 13.57%
Operating Expenses $13.92B $16.05B $14.92B
YoY Change -6.69% -13.1% -6.91%
Operating Profit $91.65B $12.27B $102.1B
YoY Change -10.26% 7.51% -7.74%
Interest Expense $9.000M $3.652B $327.0M
YoY Change -97.25% -2.67% 32.39%
% of Operating Profit 0.01% 29.76% 0.32%
Other Income/Expense, Net $3.492B $1.775B $14.16B
YoY Change -75.34% -5.23% 244.49%
Pretax Income $57.71B $17.70B $78.73B
YoY Change -26.69% 3.87% 7.47%
Income Tax $24.26B $7.398B $31.05B
% Of Pretax Income 42.04% 41.8% 39.43%
Net Earnings $32.58B $9.950B $44.88B
YoY Change -27.41% 5.85% 9.3%
Net Earnings / Revenue 7.74% 9.11% 9.94%
Basic Earnings Per Share $7.37 $9.70
Diluted Earnings Per Share $7.37 $2.191M $9.70
COMMON SHARES
Basic Shares Outstanding 4.419B shares 4.628B shares
Diluted Shares Outstanding 4.419B shares 4.628B shares

Balance Sheet

Concept 2013 2012 Q4 2012
SHORT-TERM ASSETS
Cash & Short-Term Investments $4.644B $9.582B $9.582B
YoY Change -51.53% -24.34% -24.34%
Cash & Equivalents $4.644B $9.582B $9.582B
Short-Term Investments
Other Short-Term Assets $5.377B $5.008B $5.349B
YoY Change 0.52% -19.6% -19.36%
Inventory $16.14B $14.54B $14.54B
Prepaid Expenses
Receivables $25.99B $28.37B $28.37B
Other Receivables $7.159B $0.00 $6.614B
Total Short-Term Assets $59.31B $64.46B $64.46B
YoY Change -7.99% -11.65% -11.65%
LONG-TERM ASSETS
Property, Plant & Equipment $243.7B $226.9B $226.9B
YoY Change 7.36% 5.72% 5.72%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $19.73B $18.53B $18.97B
YoY Change 4.04% 9.21% 2.46%
Other Assets $18.00B $7.668B $17.63B
YoY Change 2.1% -15.66% -6.4%
Total Long-Term Assets $287.5B $269.3B $269.3B
YoY Change 6.74% 4.36% 4.36%
TOTAL ASSETS
Total Short-Term Assets $59.31B $64.46B $64.46B
Total Long-Term Assets $287.5B $269.3B $269.3B
Total Assets $346.8B $333.8B $333.8B
YoY Change 3.9% 0.83% 0.83%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $30.92B $50.73B $33.79B
YoY Change -8.49% -11.11% -0.53%
Accrued Expenses $10.58B $10.83B
YoY Change -2.28% -38.3%
Deferred Revenue
YoY Change
Short-Term Debt $14.77B $0.00 $2.628B
YoY Change 462.18% -38.6%
Long-Term Debt Due $1.034B $1.025B $1.025B
YoY Change 0.88% -70.13% -70.13%
Total Short-Term Liabilities $71.72B $64.14B $64.14B
YoY Change 11.83% -17.25% -17.25%
LONG-TERM LIABILITIES
Long-Term Debt $6.891B $7.500B $7.928B
YoY Change -13.08% -19.55% -14.95%
Other Long-Term Liabilities $47.17B $23.68B $52.50B
YoY Change -10.15% 18.02% 12.02%
Total Long-Term Liabilities $54.06B $31.18B $60.43B
YoY Change -10.54% 55.41% 7.55%
TOTAL LIABILITIES
Total Short-Term Liabilities $71.72B $64.14B $64.14B
Total Long-Term Liabilities $54.06B $31.18B $60.43B
Total Liabilities $172.8B $162.1B $167.9B
YoY Change 2.9% -4.8% -4.94%
SHAREHOLDERS EQUITY
Retained Earnings $365.7B
YoY Change 10.51%
Common Stock $9.653B
YoY Change 1.48%
Preferred Stock
YoY Change
Treasury Stock (at cost) $197.3B
YoY Change 11.53%
Treasury Stock Shares 3.517B shares
Shareholders Equity $174.0B $165.9B $165.9B
YoY Change
Total Liabilities & Shareholders Equity $346.8B $333.8B $333.8B
YoY Change 3.9% 0.83% 0.83%

Cashflow Statement

Concept 2013 2012 Q4 2012
OPERATING ACTIVITIES
Net Income $32.58B $9.950B $44.88B
YoY Change -27.41% 5.85% 9.3%
Depreciation, Depletion And Amortization $17.18B $4.110B $15.89B
YoY Change 8.14% 0.86% 1.96%
Cash From Operating Activities $44.91B $13.22B $56.17B
YoY Change -20.04% 23.0% 1.49%
INVESTING ACTIVITIES
Capital Expenditures $33.67B -$10.06B $34.27B
YoY Change -1.76% 16.48% 10.64%
Acquisitions
YoY Change
Other Investing Activities -$532.0M $1.055B $8.670B
YoY Change -106.14% -84.07% -1.59%
Cash From Investing Activities -$34.20B -$9.002B -$25.60B
YoY Change 33.59% 347.42% 15.5%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $16.00B $21.07B
YoY Change -24.06% -4.48%
Debt Paid & Issued, Net $13.00M $147.0M
YoY Change -91.16% -44.74%
Cash From Financing Activities -15.48B -7.725B -33.87B
YoY Change -54.3% 9.65% 19.86%
NET CHANGE
Cash From Operating Activities 44.91B 13.22B 56.17B
Cash From Investing Activities -34.20B -9.002B -25.60B
Cash From Financing Activities -15.48B -7.725B -33.87B
Net Change In Cash -4.763B -3.503B -3.299B
YoY Change 44.38% -306.79% -167.0%
FREE CASH FLOW
Cash From Operating Activities $44.91B $13.22B $56.17B
Capital Expenditures $33.67B -$10.06B $34.27B
Free Cash Flow $11.25B $23.28B $21.90B
YoY Change -48.65% 20.1% -10.14%

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CY2012Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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2989000000
CY2013Q4 xom Deferred Tax Asset Included In Other Current Assets
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3575000000
CY2013Q4 xom Deferred Tax Asset Included In Other Assets Including Intangibles Net
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2822000000
CY2013 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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1460000000
CY2012 xom Unrecognized Tax Benefits Foreign Exchange Effects Other
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CY2011 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
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329000000
CY2011Q4 us-gaap Unrecognized Tax Benefits
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4922000000
CY2011 xom Unrecognized Tax Benefits Foreign Exchange Effects Other
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25000000
CY2010Q4 us-gaap Unrecognized Tax Benefits
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CY2013Q4 us-gaap Unrecognized Tax Benefits
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CY2012Q4 us-gaap Unrecognized Tax Benefits
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CY2012 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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855000000
CY2013 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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849000000
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CY2013 xom Unrecognized Tax Benefits Foreign Exchange Effects Other
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535000000
CY2013 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
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249000000
CY2012 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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CY2013 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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464000000
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451000000
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1662000000
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145000000
CY2013 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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588000000
CY2012 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
79000000

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