2018 Q4 Form 10-K Financial Statement

#000003408819000010 Filed on February 27, 2019

View on sec.gov

Income Statement

Concept 2018 Q4 2017 Q4 2016 Q4
Revenue $68.25B $50.83B $40.40B
YoY Change 34.27% 25.83% 6.15%
Cost Of Revenue $46.96B $28.98B $21.19B
YoY Change 62.04% 36.74% 9.15%
Gross Profit $21.30B $21.85B $19.20B
YoY Change -2.55% 13.8% 3.02%
Gross Profit Margin 31.2% 42.99% 47.54%
Selling, General & Admin $10.69B $13.31B $12.57B
YoY Change -19.7% 5.84% -1.73%
% of Gross Profit 50.18% 60.9% 65.48%
Research & Development $555.0M $703.0M $340.0M
YoY Change -21.05% 106.76% -34.36%
% of Gross Profit 2.61% 3.22% 1.77%
Depreciation & Amortization $5.028B $5.842B $8.117B
YoY Change -13.93% -28.03% 70.7%
% of Gross Profit 23.61% 26.73% 42.27%
Operating Expenses $16.60B $19.85B $21.03B
YoY Change -16.38% -5.6% 16.4%
Operating Profit $4.694B $2.000B -$1.828B
YoY Change 134.7% -209.41% -419.58%
Interest Expense $1.541B $487.0M $1.133B
YoY Change 216.43% -57.02% -22.34%
% of Operating Profit 32.83% 24.35%
Other Income/Expense, Net $1.886B $530.0M $1.312B
YoY Change 255.85% -59.6% 119.77%
Pretax Income $8.121B $3.017B $617.0M
YoY Change 169.17% 388.98% -76.52%
Income Tax $1.936B $550.0M -$1.407B
% Of Pretax Income 23.84% 18.23% -228.04%
Net Earnings $6.000B $8.380B $1.680B
YoY Change -28.4% 398.81% -39.57%
Net Earnings / Revenue 8.79% 16.49% 4.16%
Basic Earnings Per Share
Diluted Earnings Per Share $1.406M $1.963M $402.5K
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2018 Q4 2017 Q4 2016 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.042B $3.177B $3.657B
YoY Change -4.25% -13.13% -1.3%
Cash & Equivalents $3.042B $3.177B $3.657B
Short-Term Investments
Other Short-Term Assets $1.272B $1.368B $1.285B
YoY Change -7.02% 6.46% -54.07%
Inventory $18.96B $16.99B $15.08B
Prepaid Expenses
Receivables $19.64B $21.27B $16.03B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $47.97B $47.13B $41.42B
YoY Change 1.78% 13.81% -2.83%
LONG-TERM ASSETS
Property, Plant & Equipment $247.1B $252.6B $244.2B
YoY Change -2.19% 3.44% -2.93%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $26.38B $24.35B $20.81B
YoY Change 8.33% 17.03% 2.33%
Other Assets $10.33B $9.767B $9.572B
YoY Change 5.78% 2.04% 15.53%
Total Long-Term Assets $298.2B $301.6B $288.9B
YoY Change -1.11% 4.38% -1.78%
TOTAL ASSETS
Total Short-Term Assets $47.97B $47.13B $41.42B
Total Long-Term Assets $298.2B $301.6B $288.9B
Total Assets $346.2B $348.7B $330.3B
YoY Change -0.72% 5.56% -1.91%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $37.27B $36.80B $31.19B
YoY Change 1.28% 17.96% -3.76%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $4.070B $4.766B $2.960B
YoY Change -14.6% 61.01% 430.47%
Total Short-Term Liabilities $57.14B $57.77B $47.64B
YoY Change -1.1% 21.27% -11.74%
LONG-TERM LIABILITIES
Long-Term Debt $20.54B $23.10B $27.70B
YoY Change -11.09% -16.61% 48.13%
Other Long-Term Liabilities $18.09B $19.22B $20.07B
YoY Change -5.83% -4.26% -5.18%
Total Long-Term Liabilities $18.09B $42.32B $47.77B
YoY Change -57.24% -11.42% 19.83%
TOTAL LIABILITIES
Total Short-Term Liabilities $57.14B $57.77B $47.64B
Total Long-Term Liabilities $18.09B $42.32B $47.77B
Total Liabilities $147.7B $154.2B $156.5B
YoY Change -4.23% -1.47% -2.17%
SHAREHOLDERS EQUITY
Retained Earnings $421.7B $414.5B $407.8B
YoY Change 1.72% 1.65% -1.12%
Common Stock $15.26B $14.66B $12.16B
YoY Change 4.11% 20.56% 4.69%
Preferred Stock
YoY Change
Treasury Stock (at cost) $225.6B $225.2B $230.4B
YoY Change 0.14% -2.25% 0.3%
Treasury Stock Shares 3.782B shares 3.780B shares 3.871B shares
Shareholders Equity $191.8B $187.7B $167.3B
YoY Change
Total Liabilities & Shareholders Equity $346.2B $348.7B $330.3B
YoY Change -0.72% 5.56% -1.91%

Cashflow Statement

Concept 2018 Q4 2017 Q4 2016 Q4
OPERATING ACTIVITIES
Net Income $6.000B $8.380B $1.680B
YoY Change -28.4% 398.81% -39.57%
Depreciation, Depletion And Amortization $5.028B $5.842B $8.117B
YoY Change -13.93% -28.03% 70.7%
Cash From Operating Activities $8.607B $7.411B $7.396B
YoY Change 16.14% 0.2% 68.86%
INVESTING ACTIVITIES
Capital Expenditures -$6.094B -$4.501B -$3.887B
YoY Change 35.39% 15.8% -36.65%
Acquisitions
YoY Change
Other Investing Activities $510.0M -$2.035B $2.215B
YoY Change -125.06% -191.87% 172.78%
Cash From Investing Activities -$5.584B -$6.536B -$1.672B
YoY Change -14.57% 290.91% -68.6%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -5.501B -1.837B -6.746B
YoY Change 199.46% -72.77% -1733.41%
NET CHANGE
Cash From Operating Activities 8.607B 7.411B 7.396B
Cash From Investing Activities -5.584B -6.536B -1.672B
Cash From Financing Activities -5.501B -1.837B -6.746B
Net Change In Cash -2.478B -962.0M -1.022B
YoY Change 157.59% -5.87% 92.47%
FREE CASH FLOW
Cash From Operating Activities $8.607B $7.411B $7.396B
Capital Expenditures -$6.094B -$4.501B -$3.887B
Free Cash Flow $14.70B $11.91B $11.28B
YoY Change 23.41% 5.57% 7.29%

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497000000 USD
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9468000000 USD
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FY
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0000034088
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Yes
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Yes
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No
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EntityFilerCategory
Large Accelerated Filer
CY2017 xom Issuedforiocandpermian
Issuedforiocandpermian
7789000000 USD
CY2017 xom Issued For Ioc And Permian Shares
IssuedForIOCAndPermianShares
96000000 shares
CY2018 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
-739000000 USD
CY2017 xom Share Of Equity Company Sales Revenues From Consolidated Companies
ShareOfEquityCompanySalesRevenuesFromConsolidatedCompanies
0.15 pure
CY2018 dei Entity Small Business
EntitySmallBusiness
false
CY2018 xom Non Service Pension And Postretirement Expense
NonServicePensionAndPostretirementExpense
1285000000 USD
CY2017 xom Non Service Pension And Postretirement Expense
NonServicePensionAndPostretirementExpense
1745000000 USD
CY2016 xom Non Service Pension And Postretirement Expense
NonServicePensionAndPostretirementExpense
1835000000 USD
CY2018Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
9000000000 shares
CY2017Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
4239000000 shares
CY2018 xom Cumulative Effect Of Accounting Change
CumulativeEffectOfAccountingChange
47000000 USD
CY2017Q4 us-gaap Excess Of Replacement Or Current Costs Over Stated Lifo Value
ExcessOfReplacementOrCurrentCostsOverStatedLIFOValue
10800000000 USD
CY2018Q4 us-gaap Excess Of Replacement Or Current Costs Over Stated Lifo Value
ExcessOfReplacementOrCurrentCostsOverStatedLIFOValue
8200000000 USD
CY2018Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
8019000000 shares
CY2018Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
3782000000 shares
CY2017Q4 us-gaap Projects That Have Exploratory Well Costs That Have Been Capitalized For Period Greater Than One Year
ProjectsThatHaveExploratoryWellCostsThatHaveBeenCapitalizedForPeriodGreaterThanOneYear
46 Projects
CY2018Q4 xom Number Of Projects With Capitalized Well Drilled In Preceding Twelve Months Or Exploration Planned In Next Two Years As Of Year End
NumberOfProjectsWithCapitalizedWellDrilledInPrecedingTwelveMonthsOrExplorationPlannedInNextTwoYearsAsOfYearEnd
12 Projects
CY2018Q4 xom Number Of Projects With Capitalized Well Exploration Completed As Of Year End Progressing Toward Development
NumberOfProjectsWithCapitalizedWellExplorationCompletedAsOfYearEndProgressingTowardDevelopment
40 Projects
CY2015Q4 us-gaap Capitalized Exploratory Well Costs
CapitalizedExploratoryWellCosts
4372000000 USD
CY2018 xom Percentage Decrease In Unrecognized Tax Benefits
PercentageDecreaseInUnrecognizedTaxBenefits
0.1 pure
CY2018 xom Percentage Increase In Unrecognized Tax Benefits
PercentageIncreaseInUnrecognizedTaxBenefits
0.1 pure
CY2016 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35 pure
CY2018 xom Assumed Initial Health Care Trend Rate
AssumedInitialHealthCareTrendRate
0.045 pure
CY2018 us-gaap Defined Benefit Plan Year Health Care Cost Trend Rate Reaches Ultimate Trend Rate
DefinedBenefitPlanYearHealthCareCostTrendRateReachesUltimateTrendRate
2020
CY2018 us-gaap Defined Benefit Plan Effect Of One Percentage Point Increase On Service And Interest Cost Components
DefinedBenefitPlanEffectOfOnePercentagePointIncreaseOnServiceAndInterestCostComponents
74000000 USD
CY2018 us-gaap Defined Benefit Plan Effect Of One Percentage Point Increase On Accumulated Postretirement Benefit Obligation
DefinedBenefitPlanEffectOfOnePercentagePointIncreaseOnAccumulatedPostretirementBenefitObligation
776000000 USD
CY2018 us-gaap Defined Benefit Plan Effect Of One Percentage Point Decrease On Service And Interest Cost Components1
DefinedBenefitPlanEffectOfOnePercentagePointDecreaseOnServiceAndInterestCostComponents1
56000000 USD
CY2018 us-gaap Defined Benefit Plan Effect Of One Percentage Point Decrease On Accumulated Postretirement Benefit Obligation1
DefinedBenefitPlanEffectOfOnePercentagePointDecreaseOnAccumulatedPostretirementBenefitObligation1
620000000 USD
CY2018 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
391000000 USD
CY2017Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
23100000000 USD
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
198528000000 USD
CY2018Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
4237000000 shares
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
194500000000 USD
CY2018Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
42000000 USD
CY2017Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
55000000 USD
CY2017 xom Defined Benefit Plan Amortization Of Actuarial Loss Gain And Prior Service Cost Credit And Recognized Net Gain Loss Due To Settlements And Curtailments
DefinedBenefitPlanAmortizationOfActuarialLossGainAndPriorServiceCostCreditAndRecognizedNetGainLossDueToSettlementsAndCurtailments
-1656000000 USD
CY2016 xom Defined Benefit Plan Amortization Of Actuarial Loss Gain And Prior Service Cost Credit And Recognized Net Gain Loss Due To Settlements And Curtailments
DefinedBenefitPlanAmortizationOfActuarialLossGainAndPriorServiceCostCreditAndRecognizedNetGainLossDueToSettlementsAndCurtailments
-1531000000 USD
CY2018 us-gaap Proceeds From Sales Of Business Affiliate And Productive Assets
ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets
4123000000 USD
CY2017 us-gaap Proceeds From Sales Of Business Affiliate And Productive Assets
ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets
3103000000 USD
CY2016 us-gaap Proceeds From Sales Of Business Affiliate And Productive Assets
ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets
4275000000 USD
CY2018Q4 xom After Tax Impact Of Change In Allocation
AfterTaxImpactOfChangeInAllocation
450000000 USD
CY2017Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
2565000000 USD
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
220000000 shares
CY2017Q4 xom Derivative Instruments Not Designated As Hedging Instruments Asset At Carrying Value
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtCarryingValue
25000000 USD
CY2017Q4 xom Derivative Instruments Not Designated As Hedging Instruments Liability At Carrying Value
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtCarryingValue
-63000000 USD
CY2017Q4 xom Derivative Instruments Not Designated As Hedging Instruments Collateral
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsCollateral
94000000 USD
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35 pure
CY2019Q1 xom Estimated Prepaid Leases
EstimatedPrepaidLeases
1000000000 USD
CY2019Q1 xom Estimated Operating Lease Liability
EstimatedOperatingLeaseLiability
3300000000 USD
CY2019Q1 xom Estimated Operating Lease Right Of Use Asset
EstimatedOperatingLeaseRightOfUseAsset
4300000000 USD
CY2018 us-gaap Asset Impairment Charges
AssetImpairmentCharges
700000000 USD
CY2017 us-gaap Asset Impairment Charges
AssetImpairmentCharges
2000000000 USD
CY2016 us-gaap Asset Impairment Charges
AssetImpairmentCharges
3600000000 USD
CY2017Q4 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
23700000000 USD
CY2018 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2018 dei Entity Shell Company
EntityShellCompany
false

Files In Submission

Name View Source Status
0000034088-19-000010-index-headers.html Edgar Link pending
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0000034088-19-000010.txt Edgar Link pending
0000034088-19-000010-xbrl.zip Edgar Link pending
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