2021 Q4 Form 10-K Financial Statement

#000003408822000011 Filed on February 23, 2022

View on sec.gov

Income Statement

Concept 2021 Q4 2021 2020 Q4
Revenue $81.31B $285.6B $45.74B
YoY Change 77.76% 57.38% -27.43%
Cost Of Revenue $56.27B $191.2B $32.04B
YoY Change 75.62% 53.65% -27.6%
Gross Profit $25.03B $85.49B $13.70B
YoY Change 82.76% 57.92% -27.03%
Gross Profit Margin 30.79% 29.93% 29.95%
Selling, General & Admin $10.46B $9.574B $9.520B
YoY Change 9.85% -5.84% -11.74%
% of Gross Profit 41.78% 11.2% 69.5%
Research & Development $524.0M $843.0M $595.0M
YoY Change -11.93% -17.03% 66.67%
% of Gross Profit 2.09% 0.99% 4.34%
Depreciation & Amortization $5.661B $20.61B $30.29B
YoY Change -81.31% -55.21% 515.3%
% of Gross Profit 22.61% 24.1% 221.15%
Operating Expenses $16.74B $10.42B $15.77B
YoY Change 6.16% -6.86% -3.08%
Operating Profit $8.290B $75.08B -$2.075B
YoY Change -499.52% 74.79% -183.1%
Interest Expense $1.857B $947.0M $24.00M
YoY Change 7637.5% -18.22% -97.46%
% of Operating Profit 22.4% 1.26%
Other Income/Expense, Net $1.582B $2.291B $465.0M
YoY Change 240.22% 91.56% -84.35%
Pretax Income $11.73B $31.23B -$26.61B
YoY Change -144.07% -208.14% -514.92%
Income Tax $2.703B $7.636B -$5.985B
% Of Pretax Income 23.05% 24.45%
Net Earnings $8.870B $23.04B -$20.07B
YoY Change -144.2% -202.67% -452.72%
Net Earnings / Revenue 10.91% 8.07% -43.88%
Basic Earnings Per Share $5.39
Diluted Earnings Per Share $2.075M $5.39 -$4.696M
COMMON SHARES
Basic Shares Outstanding 4.275B shares
Diluted Shares Outstanding

Balance Sheet

Concept 2021 Q4 2021 2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $6.802B $6.802B $4.364B
YoY Change 55.87% 55.87% 41.28%
Cash & Equivalents $6.802B $6.802B $4.364B
Short-Term Investments
Other Short-Term Assets $1.189B $1.189B $1.098B
YoY Change 8.29% 8.29% -25.26%
Inventory $18.78B $18.78B $18.85B
Prepaid Expenses
Receivables $26.88B $26.88B $16.34B
Other Receivables $5.500B $5.500B $0.00
Total Short-Term Assets $59.15B $59.15B $44.89B
YoY Change 31.77% 31.77% -10.31%
LONG-TERM ASSETS
Property, Plant & Equipment $216.6B $222.6B $227.6B
YoY Change -4.83% -4.71% -10.06%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $31.23B $39.69B $29.77B
YoY Change 4.88% 32.67% 1.64%
Other Assets $18.02B $11.94B $16.79B
YoY Change 7.34% -38.84% 2.6%
Total Long-Term Assets $279.8B $279.8B $287.9B
YoY Change -2.81% -2.81% -7.9%
TOTAL ASSETS
Total Short-Term Assets $59.15B $59.15B $44.89B
Total Long-Term Assets $279.8B $279.8B $287.9B
Total Assets $338.9B $338.9B $332.8B
YoY Change 1.86% 1.86% -8.23%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $50.77B $49.40B $35.22B
YoY Change 44.14% 45.07% -13.26%
Accrued Expenses $1.367B
YoY Change 17.04%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $1.884B $0.00
YoY Change -89.25%
Long-Term Debt Due $2.392B $2.396B $2.930B
YoY Change -18.36% -18.34% 81.2%
Total Short-Term Liabilities $56.64B $56.64B $56.36B
YoY Change 0.5% 0.5% -11.92%
LONG-TERM LIABILITIES
Long-Term Debt $43.43B $43.56B $47.18B
YoY Change -7.96% -7.94% 78.17%
Other Long-Term Liabilities $21.72B $42.87B $21.24B
YoY Change 2.24% -8.34% -0.81%
Total Long-Term Liabilities $21.72B $86.43B $21.24B
YoY Change 2.24% -8.14% -0.81%
TOTAL LIABILITIES
Total Short-Term Liabilities $56.64B $56.64B $56.36B
Total Long-Term Liabilities $21.72B $86.43B $21.24B
Total Liabilities $163.2B $170.3B $168.6B
YoY Change -3.19% -2.99% 3.03%
SHAREHOLDERS EQUITY
Retained Earnings $392.1B $383.9B
YoY Change 2.11% -8.88%
Common Stock $15.75B $15.69B
YoY Change 0.37% 0.33%
Preferred Stock
YoY Change
Treasury Stock (at cost) $225.5B $225.8B
YoY Change -0.14% -0.03%
Treasury Stock Shares 3.780B shares 3.786B shares
Shareholders Equity $168.6B $168.6B $157.2B
YoY Change
Total Liabilities & Shareholders Equity $338.9B $338.9B $332.8B
YoY Change 1.86% 1.86% -8.23%

Cashflow Statement

Concept 2021 Q4 2021 2020 Q4
OPERATING ACTIVITIES
Net Income $8.870B $23.04B -$20.07B
YoY Change -144.2% -202.67% -452.72%
Depreciation, Depletion And Amortization $5.661B $20.61B $30.29B
YoY Change -81.31% -55.21% 515.3%
Cash From Operating Activities $17.12B $48.13B $4.005B
YoY Change 327.57% 228.12% -36.95%
INVESTING ACTIVITIES
Capital Expenditures -$4.089B $12.08B -$3.629B
YoY Change 12.68% -30.12% -45.87%
Acquisitions
YoY Change
Other Investing Activities $1.979B $1.841B $327.0M
YoY Change 505.2% -256.41% -86.6%
Cash From Investing Activities -$2.110B -$10.24B -$3.302B
YoY Change -36.1% -44.55% -22.56%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $155.0M
YoY Change -61.73%
Debt Paid & Issued, Net $8.000M
YoY Change 0.0%
Cash From Financing Activities -12.96B -$35.42B -5.283B
YoY Change 145.3% -770.26% 18.56%
NET CHANGE
Cash From Operating Activities 17.12B $48.13B 4.005B
Cash From Investing Activities -2.110B -$10.24B -3.302B
Cash From Financing Activities -12.96B -$35.42B -5.283B
Net Change In Cash 2.055B $2.438B -4.580B
YoY Change -144.87% 91.22% 93.41%
FREE CASH FLOW
Cash From Operating Activities $17.12B $48.13B $4.005B
Capital Expenditures -$4.089B $12.08B -$3.629B
Free Cash Flow $21.21B $36.05B $7.634B
YoY Change 177.88% -1479.23% -41.53%

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CY2020 us-gaap Interest Paid Net
InterestPaidNet
786000000 USD
CY2019 us-gaap Interest Paid Net
InterestPaidNet
560000000 USD
CY2021 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
655000000 USD
CY2020 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
665000000 USD
CY2019 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
731000000 USD
CY2021 us-gaap Interest Paid
InterestPaid
1474000000 USD
CY2020 us-gaap Interest Paid
InterestPaid
1451000000 USD
CY2019 us-gaap Interest Paid
InterestPaid
1291000000 USD
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
159000000 USD
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
96000000 USD
CY2021Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
26883000000 USD
CY2020Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
16339000000 USD
CY2021Q4 us-gaap Allowance For Notes And Loans Receivable Current
AllowanceForNotesAndLoansReceivableCurrent
381000000 USD
CY2020Q4 us-gaap Allowance For Notes And Loans Receivable Current
AllowanceForNotesAndLoansReceivableCurrent
378000000 USD
CY2021Q4 us-gaap Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
5500000000 USD
CY2020Q4 us-gaap Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
4242000000 USD
CY2021Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
32383000000 USD
CY2020Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
20581000000 USD
CY2021Q4 us-gaap Short Term Bank Loans And Notes Payable
ShortTermBankLoansAndNotesPayable
276000000 USD
CY2020Q4 us-gaap Short Term Bank Loans And Notes Payable
ShortTermBankLoansAndNotesPayable
222000000 USD
CY2021Q4 us-gaap Commercial Paper
CommercialPaper
1608000000 USD
CY2020Q4 us-gaap Commercial Paper
CommercialPaper
17306000000 USD
CY2021Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
2392000000 USD
CY2020Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
2930000000 USD
CY2021Q4 us-gaap Debt Current
DebtCurrent
4276000000 USD
CY2020Q4 us-gaap Debt Current
DebtCurrent
20458000000 USD
CY2021Q4 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
26623000000 USD
CY2020Q4 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
17499000000 USD
CY2021Q4 xom Payables To Equity Companies
PayablesToEquityCompanies
8885000000 USD
CY2020Q4 xom Payables To Equity Companies
PayablesToEquityCompanies
6476000000 USD
CY2021Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
3896000000 USD
CY2020Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
3408000000 USD
CY2021Q4 us-gaap Accounts Payable Other Current
AccountsPayableOtherCurrent
11362000000 USD
CY2020Q4 us-gaap Accounts Payable Other Current
AccountsPayableOtherCurrent
7838000000 USD
CY2021Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
50766000000 USD
CY2020Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
35221000000 USD
CY2019 xom Share Of Equity Company Sales Revenues From Consolidated Companies
ShareOfEquityCompanySalesRevenuesFromConsolidatedCompanies
0.13
CY2020Q4 us-gaap Short Term Debt Weighted Average Interest Rate
ShortTermDebtWeightedAverageInterestRate
0.002
CY2021 xom Share Of Equity Company Sales Revenues From Consolidated Companies
ShareOfEquityCompanySalesRevenuesFromConsolidatedCompanies
0.10
CY2020 xom Share Of Equity Company Sales Revenues From Consolidated Companies
ShareOfEquityCompanySalesRevenuesFromConsolidatedCompanies
0.11
CY2021Q4 us-gaap Equity Method Investments
EquityMethodInvestments
31225000000 USD
CY2020Q4 xom Advances To Affiliate Allowance
AdvancesToAffiliateAllowance
31000000 USD
CY2021Q4 us-gaap Advances To Affiliate
AdvancesToAffiliate
8326000000 USD
CY2020Q4 us-gaap Equity Method Investments
EquityMethodInvestments
29772000000 USD
CY2021Q4 xom Advances To Affiliate Allowance
AdvancesToAffiliateAllowance
34000000 USD
CY2020Q4 us-gaap Advances To Affiliate
AdvancesToAffiliate
8812000000 USD
CY2021Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
39551000000 USD
CY2020Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
38584000000 USD
CY2021Q4 us-gaap Long Term Investments
LongTermInvestments
138000000 USD
CY2020Q4 us-gaap Long Term Investments
LongTermInvestments
143000000 USD
CY2021Q4 xom Reserves For Long Term Receivables And Miscellaneous Investments
ReservesForLongTermReceivablesAndMiscellaneousInvestments
5974000000 USD
CY2020Q4 xom Reserves For Long Term Receivables And Miscellaneous Investments
ReservesForLongTermReceivablesAndMiscellaneousInvestments
6115000000 USD
CY2021Q4 us-gaap Long Term Accounts Notes And Loans Receivable Net Noncurrent
LongTermAccountsNotesAndLoansReceivableNetNoncurrent
5506000000 USD
CY2020Q4 us-gaap Long Term Accounts Notes And Loans Receivable Net Noncurrent
LongTermAccountsNotesAndLoansReceivableNetNoncurrent
4788000000 USD
CY2021Q4 us-gaap Long Term Investments And Receivables Net
LongTermInvestmentsAndReceivablesNet
45195000000 USD
CY2020Q4 us-gaap Long Term Investments And Receivables Net
LongTermInvestmentsAndReceivablesNet
43515000000 USD
CY2020 us-gaap Asset Retirement Obligation Foreign Currency Translation Gain Loss
AssetRetirementObligationForeignCurrencyTranslationGainLoss
239000000 USD
CY2019 us-gaap Asset Retirement Obligation Foreign Currency Translation Gain Loss
AssetRetirementObligationForeignCurrencyTranslationGainLoss
84000000 USD
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
495062000000 USD
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
216552000000 USD
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
505322000000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
227553000000 USD
CY2021 us-gaap Asset Impairment Charges
AssetImpairmentCharges
1200000000 USD
CY2019 us-gaap Asset Impairment Charges
AssetImpairmentCharges
100000000 USD
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
278510000000 USD
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
277769000000 USD
CY2018Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
12103000000 USD
CY2021 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
548000000 USD
CY2020Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
11247000000 USD
CY2019Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
11280000000 USD
CY2020 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
584000000 USD
CY2019 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
649000000 USD
CY2021 xom Asset Retirement Obligation Reduction Due To Property Sales
AssetRetirementObligationReductionDueToPropertySales
1002000000 USD
CY2020 xom Asset Retirement Obligation Reduction Due To Property Sales
AssetRetirementObligationReductionDueToPropertySales
77000000 USD
CY2019 xom Asset Retirement Obligation Reduction Due To Property Sales
AssetRetirementObligationReductionDueToPropertySales
1085000000 USD
CY2021 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
444000000 USD
CY2020 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
669000000 USD
CY2019 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
827000000 USD
CY2021 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
42000000 USD
CY2020 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
26000000 USD
CY2019 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
89000000 USD
CY2021 us-gaap Asset Retirement Obligation Foreign Currency Translation Gain Loss
AssetRetirementObligationForeignCurrencyTranslationGainLoss
-147000000 USD
CY2021 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
386000000 USD
CY2020 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
-136000000 USD
CY2019 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
267000000 USD
CY2021Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
10630000000 USD
CY2020Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
11247000000 USD
CY2019Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
11280000000 USD
CY2021Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
9985000000 USD
CY2020Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
10558000000 USD
CY2021 xom Asset Retirement Obligations Cash Paid To Settle Expected Payment Year One
AssetRetirementObligationsCashPaidToSettleExpectedPaymentYearOne
645000000 USD
CY2021 xom Asset Retirement Obligations Cash Paid To Settle Expected Payment Year Two
AssetRetirementObligationsCashPaidToSettleExpectedPaymentYearTwo
648000000 USD
CY2020Q4 us-gaap Capitalized Exploratory Well Costs
CapitalizedExploratoryWellCosts
4382000000 USD
CY2019Q4 us-gaap Capitalized Exploratory Well Costs
CapitalizedExploratoryWellCosts
4613000000 USD
CY2018Q4 us-gaap Capitalized Exploratory Well Costs
CapitalizedExploratoryWellCosts
4160000000 USD
CY2021Q4 xom Number Of Projects That Only Have Exploratory Well Costs Capitalized For Period Of One Year Or Less
NumberOfProjectsThatOnlyHaveExploratoryWellCostsCapitalizedForPeriodOfOneYearOrLess
4 Projects
CY2020 us-gaap Capitalized Exploratory Well Cost Charged To Expense1
CapitalizedExploratoryWellCostChargedToExpense1
318000000 USD
CY2021 us-gaap Capitalized Exploratory Well Cost Additions Pending Determination Of Proved Reserves
CapitalizedExploratoryWellCostAdditionsPendingDeterminationOfProvedReserves
420000000 USD
CY2020 us-gaap Capitalized Exploratory Well Cost Additions Pending Determination Of Proved Reserves
CapitalizedExploratoryWellCostAdditionsPendingDeterminationOfProvedReserves
208000000 USD
CY2019 us-gaap Capitalized Exploratory Well Cost Additions Pending Determination Of Proved Reserves
CapitalizedExploratoryWellCostAdditionsPendingDeterminationOfProvedReserves
532000000 USD
CY2021 us-gaap Capitalized Exploratory Well Cost Charged To Expense1
CapitalizedExploratoryWellCostChargedToExpense1
325000000 USD
CY2019 us-gaap Capitalized Exploratory Well Cost Charged To Expense1
CapitalizedExploratoryWellCostChargedToExpense1
46000000 USD
CY2021 us-gaap Reclassification To Well Facilities And Equipment Based On Determination Of Proved Reserves
ReclassificationToWellFacilitiesAndEquipmentBasedOnDeterminationOfProvedReserves
328000000 USD
CY2020 us-gaap Reclassification To Well Facilities And Equipment Based On Determination Of Proved Reserves
ReclassificationToWellFacilitiesAndEquipmentBasedOnDeterminationOfProvedReserves
174000000 USD
CY2019 us-gaap Reclassification To Well Facilities And Equipment Based On Determination Of Proved Reserves
ReclassificationToWellFacilitiesAndEquipmentBasedOnDeterminationOfProvedReserves
37000000 USD
CY2021 xom Other Capitalized Exploratory Well Costs
OtherCapitalizedExploratoryWellCosts
-29000000 USD
CY2020 xom Other Capitalized Exploratory Well Costs
OtherCapitalizedExploratoryWellCosts
53000000 USD
CY2019 xom Other Capitalized Exploratory Well Costs
OtherCapitalizedExploratoryWellCosts
4000000 USD
CY2021Q4 us-gaap Capitalized Exploratory Well Costs
CapitalizedExploratoryWellCosts
4120000000 USD
CY2020Q4 us-gaap Capitalized Exploratory Well Costs
CapitalizedExploratoryWellCosts
4382000000 USD
CY2019Q4 us-gaap Capitalized Exploratory Well Costs
CapitalizedExploratoryWellCosts
4613000000 USD
CY2021Q4 xom Capitalized Exploratory Well Costs Attributable To Equity Companies
CapitalizedExploratoryWellCostsAttributableToEquityCompanies
306000000 USD
CY2020Q4 xom Capitalized Exploratory Well Costs Attributable To Equity Companies
CapitalizedExploratoryWellCostsAttributableToEquityCompanies
306000000 USD
CY2019Q4 xom Capitalized Exploratory Well Costs Attributable To Equity Companies
CapitalizedExploratoryWellCostsAttributableToEquityCompanies
306000000 USD
CY2021Q4 us-gaap Capitalized Exploratory Well Costs That Have Been Capitalized For Period Of One Year Or Less
CapitalizedExploratoryWellCostsThatHaveBeenCapitalizedForPeriodOfOneYearOrLess
420000000 USD
CY2020Q4 us-gaap Capitalized Exploratory Well Costs That Have Been Capitalized For Period Of One Year Or Less
CapitalizedExploratoryWellCostsThatHaveBeenCapitalizedForPeriodOfOneYearOrLess
208000000 USD
CY2019Q4 us-gaap Capitalized Exploratory Well Costs That Have Been Capitalized For Period Of One Year Or Less
CapitalizedExploratoryWellCostsThatHaveBeenCapitalizedForPeriodOfOneYearOrLess
532000000 USD
CY2021Q4 us-gaap Capitalized Exploratory Well Costs That Have Been Capitalized For Period Greater Than One Year
CapitalizedExploratoryWellCostsThatHaveBeenCapitalizedForPeriodGreaterThanOneYear
3700000000 USD
CY2020Q4 us-gaap Capitalized Exploratory Well Costs That Have Been Capitalized For Period Greater Than One Year
CapitalizedExploratoryWellCostsThatHaveBeenCapitalizedForPeriodGreaterThanOneYear
4174000000 USD
CY2019Q4 us-gaap Capitalized Exploratory Well Costs That Have Been Capitalized For Period Greater Than One Year
CapitalizedExploratoryWellCostsThatHaveBeenCapitalizedForPeriodGreaterThanOneYear
4081000000 USD
CY2021Q4 us-gaap Capitalized Exploratory Well Costs
CapitalizedExploratoryWellCosts
4120000000 USD
CY2020Q4 us-gaap Capitalized Exploratory Well Costs
CapitalizedExploratoryWellCosts
4382000000 USD
CY2019Q4 us-gaap Capitalized Exploratory Well Costs
CapitalizedExploratoryWellCosts
4613000000 USD
CY2020Q4 xom Number Of Projects That Only Have Exploratory Well Costs Capitalized For Period Of One Year Or Less
NumberOfProjectsThatOnlyHaveExploratoryWellCostsCapitalizedForPeriodOfOneYearOrLess
3 Projects
CY2019Q4 xom Number Of Projects That Only Have Exploratory Well Costs Capitalized For Period Of One Year Or Less
NumberOfProjectsThatOnlyHaveExploratoryWellCostsCapitalizedForPeriodOfOneYearOrLess
4 Projects
CY2021Q4 us-gaap Projects That Have Exploratory Well Costs That Have Been Capitalized For Period Greater Than One Year
ProjectsThatHaveExploratoryWellCostsThatHaveBeenCapitalizedForPeriodGreaterThanOneYear
30 Projects
CY2020Q4 us-gaap Projects That Have Exploratory Well Costs That Have Been Capitalized For Period Greater Than One Year
ProjectsThatHaveExploratoryWellCostsThatHaveBeenCapitalizedForPeriodGreaterThanOneYear
34 Projects
CY2019Q4 us-gaap Projects That Have Exploratory Well Costs That Have Been Capitalized For Period Greater Than One Year
ProjectsThatHaveExploratoryWellCostsThatHaveBeenCapitalizedForPeriodGreaterThanOneYear
46 Projects
CY2021Q4 xom Total Number Of Projects
TotalNumberOfProjects
34 Projects
CY2020Q4 xom Total Number Of Projects
TotalNumberOfProjects
37 Projects
CY2019Q4 xom Total Number Of Projects
TotalNumberOfProjects
50 Projects
CY2021Q4 us-gaap Projects That Have Exploratory Well Costs That Have Been Capitalized For Period Greater Than One Year
ProjectsThatHaveExploratoryWellCostsThatHaveBeenCapitalizedForPeriodGreaterThanOneYear
30 Projects
CY2021Q4 xom Number Of Projects With Capitalized Well Drilled In Preceding Twelve Months Or Exploration Planned In Next Two Years As Of Year End
NumberOfProjectsWithCapitalizedWellDrilledInPrecedingTwelveMonthsOrExplorationPlannedInNextTwoYearsAsOfYearEnd
13 Projects
CY2021Q4 xom Number Of Projects With Capitalized Well Exploration Completed As Of Year End Progressing Toward Development
NumberOfProjectsWithCapitalizedWellExplorationCompletedAsOfYearEndProgressingTowardDevelopment
17 Projects
CY2021Q4 xom Number Of Projects With Capitalized Well Exploration Completed As Of Year End Progressing Toward Development
NumberOfProjectsWithCapitalizedWellExplorationCompletedAsOfYearEndProgressingTowardDevelopment
17 Projects
CY2021 xom Lessee Lease Lease Not Yet Commenced Expected Payment Year One
LesseeLeaseLeaseNotYetCommencedExpectedPaymentYearOne
310000000 USD
CY2021 xom Lessee Lease Lease Not Yet Commenced Expected Payment Year Two
LesseeLeaseLeaseNotYetCommencedExpectedPaymentYearTwo
415000000 USD
CY2021 us-gaap Net Income Loss
NetIncomeLoss
23040000000 USD
CY2020 us-gaap Net Income Loss
NetIncomeLoss
-22440000000 USD
CY2019 us-gaap Net Income Loss
NetIncomeLoss
14340000000 USD
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
4275000000 shares
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
4271000000 shares
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
4270000000 shares
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
5.39
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-5.25
CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.36
CY2021 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
3.49
CY2020 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
3.48
CY2019 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
3.43
CY2021Q4 xom Accounts Receivable Exchange Collateral
AccountsReceivableExchangeCollateral
641000000 USD
CY2020Q4 xom Accounts Receivable Exchange Collateral
AccountsReceivableExchangeCollateral
504000000 USD
CY2021Q4 xom Long Term Debt In Us Dollars
LongTermDebtInUsDollars
37611000000 USD
CY2021Q4 xom Us Dollar Equivalent At Year End Exchange Rates Of Amounts Payable In Foreign Currencies
UsDollarEquivalentAtYearEndExchangeRatesOfAmountsPayableInForeignCurrencies
5817000000 USD
CY2021Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
2392000000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
4039000000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
3836000000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
4597000000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
3575000000 USD
CY2021 us-gaap Derivatives Methods Of Accounting Hedging Derivatives
DerivativesMethodsOfAccountingHedgingDerivatives
The Corporation may use non-derivative financial instruments, such as its foreign currency-denominated debt, as hedges of its net investments in certain foreign subsidiaries. Under this method, the change in the carrying value of the financial instruments due to foreign exchange fluctuations is reported in accumulated other comprehensive income.
CY2021 us-gaap Proceeds From Hedge Financing Activities
ProceedsFromHedgeFinancingActivities
5100000000 USD
CY2021Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
114000000 USD
CY2020Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
131000000 USD
CY2021Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
43428000000 USD
CY2020Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
47182000000 USD
CY2021 xom Minimum Ownership Of Affiliate Needed For Awards
MinimumOwnershipOfAffiliateNeededForAwards
0.50
CY2021 xom Share Based Compensation Arrangement By Share Based Payment Award Minimum Percentage Of Market Value At Date Of Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardMinimumPercentageOfMarketValueAtDateOfGrant
1
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Expiration Period
SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod
P10Y
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
220000000 shares
CY2021Q4 xom Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized Remaining
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorizedRemaining
66000000 shares
CY2020Q4 xom Issued And Outstanding Restricted Stock
IssuedAndOutstandingRestrictedStock
39585000 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
80.43
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
66.54
CY2021 xom Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Prior Year Awards Issued Granted In Current Year
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodPriorYearAwardsIssuedGrantedInCurrentYear
8753000 shares
CY2021 xom Weighted Average Fair Value Of Restricted Stock And Restricted Stock Units At Grant Date
WeightedAverageFairValueOfRestrictedStockAndRestrictedStockUnitsAtGrantDate
41.29
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
9142000 shares
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
86.16
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
274000 shares
CY2021Q4 xom Issued And Outstanding Restricted Stock
IssuedAndOutstandingRestrictedStock
38922000 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
70.38
CY2021Q4 us-gaap Guarantee Obligations Current Carrying Value
GuaranteeObligationsCurrentCarryingValue
8522000000 USD
CY2020 us-gaap Interest Expense
InterestExpense
1158000000 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-5632000000 USD
CY2021 us-gaap Defined Benefit Plan Benefit Obligation Prescription Drug Subsidy Receipt
DefinedBenefitPlanBenefitObligationPrescriptionDrugSubsidyReceipt
9000000 USD
CY2020 us-gaap Defined Benefit Plan Benefit Obligation Prescription Drug Subsidy Receipt
DefinedBenefitPlanBenefitObligationPrescriptionDrugSubsidyReceipt
16000000 USD
CY2021Q4 us-gaap Defined Benefit Plan Ultimate Health Care Cost Trend Rate1
DefinedBenefitPlanUltimateHealthCareCostTrendRate1
0.04
CY2021 us-gaap Defined Benefit Plan Year Health Care Cost Trend Rate Reaches Ultimate Trend Rate
DefinedBenefitPlanYearHealthCareCostTrendRateReachesUltimateTrendRate
2023
CY2021 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
177000000 USD
CY2020 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
358000000 USD
CY2019 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
422000000 USD
CY2020 us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
17342000000 USD
CY2021 us-gaap Defined Benefit Plan Amounts Recognized In Other Comprehensive Income Loss Net Gain Loss Before Tax
DefinedBenefitPlanAmountsRecognizedInOtherComprehensiveIncomeLossNetGainLossBeforeTax
5220000000 USD
CY2020 us-gaap Defined Benefit Plan Amounts Recognized In Other Comprehensive Income Loss Net Gain Loss Before Tax
DefinedBenefitPlanAmountsRecognizedInOtherComprehensiveIncomeLossNetGainLossBeforeTax
1189000000 USD
CY2019 us-gaap Defined Benefit Plan Amounts Recognized In Other Comprehensive Income Loss Net Gain Loss Before Tax
DefinedBenefitPlanAmountsRecognizedInOtherComprehensiveIncomeLossNetGainLossBeforeTax
-2041000000 USD
CY2021 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
1287000000 USD
CY2020 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
153000000 USD
CY2019 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
-550000000 USD
CY2021 xom Other Comprehensive Income Loss Charge Credit To Investment In Equity Companies
OtherComprehensiveIncomeLossChargeCreditToInvestmentInEquityCompanies
-110000000 USD
CY2020 xom Other Comprehensive Income Loss Charge Credit To Investment In Equity Companies
OtherComprehensiveIncomeLossChargeCreditToInvestmentInEquityCompanies
110000000 USD
CY2019 xom Other Comprehensive Income Loss Charge Credit To Investment In Equity Companies
OtherComprehensiveIncomeLossChargeCreditToInvestmentInEquityCompanies
19000000 USD
CY2021 xom Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Including Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-4043000000 USD
CY2020 xom Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Including Portion Attributable To Noncontrolling Interest
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