10-Q

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

☑    QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF

THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended June 30, 2015

or

☐   TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF

THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from __________to________

Commission File Number 1-2256

EXXON MOBIL CORPORATION

(Exact name of registrant as specified in its charter)

NEW JERSEY	13-5409005
(State or other jurisdiction of	(I.R.S. Employer
incorporation or organization)	Identification Number)

5959 LAS COLINAS BOULEVARD, IRVING, TEXAS 75039-2298

(Address of principal executive offices) (Zip Code)

(972) 444-1000

(Registrant's telephone number, including area code)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.  Yes ☑   No ☐

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).   Yes ☑   No ☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company.  See the definitions of "large accelerated filer," "accelerated filer" and "smaller reporting company" in Rule 12b-2 of the Exchange Act.

Large accelerated filer	☑	Accelerated filer	☐
Non-accelerated filer	☐	Smaller reporting company	☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).  Yes ☐    No ☑

Indicate the number of shares outstanding of each of the issuer's classes of common stock, as of the latest practicable date.

Class	Outstanding as of June 30, 2015
Common stock, without par value	4,169,448,719

EXXON MOBIL CORPORATION

FORM 10-Q

FOR THE QUARTERLY PERIOD ENDED JUNE 30, 2015

TABLE OF CONTENTS

PART I.  FINANCIAL INFORMATION
Item 1.       Financial Statements
Condensed Consolidated Statement of Income Three and six months ended June 30, 2015 and 2014	3
Condensed Consolidated Statement of Comprehensive Income Three and six months ended June 30, 2015 and 2014	4
Condensed Consolidated Balance Sheet As of June 30, 2015 and December 31, 2014	5
Condensed Consolidated Statement of Cash Flows           Six months ended June 30, 2015 and 2014	6
Condensed Consolidated Statement of Changes in Equity           Six months ended June 30, 2015 and 2014	7
Notes to Condensed Consolidated Financial Statements	8
Item 2.       Management's Discussion and Analysis of Financial                      Condition and Results of Operations	14
Item 3.       Quantitative and Qualitative Disclosures About Market Risk	22
Item 4.       Controls and Procedures	22
PART II.  OTHER INFORMATION
Item 1.       Legal Proceedings	23
Item 2.       Unregistered Sales of Equity Securities and Use of Proceeds	24
Item 6.       Exhibits	24
Signature	25
Index to Exhibits	26

2

PART I.  FINANCIAL INFORMATION
Item 1.  Financial Statements
EXXON MOBIL CORPORATION
CONDENSED CONSOLIDATED STATEMENT OF INCOME
(millions of dollars)
			Three Months Ended		Six Months Ended
			June 30,		June 30,
			2015	2014	2015	2014
Revenues and other income
	Sales and other operating revenue (1)		71,360	105,719	136,118	207,031
	Income from equity affiliates		2,081	3,312	4,342	7,420
	Other income		672	2,177	1,271	3,082
		Total revenues and other income	74,113	111,208	141,731	217,533
Costs and other deductions
	Crude oil and product purchases		37,312	62,210	70,010	120,076
	Production and manufacturing expenses		9,235	10,478	17,965	20,566
	Selling, general and administrative expenses		2,831	3,169	5,544	6,301
	Depreciation and depletion		4,451	4,285	8,751	8,477
	Exploration expenses, including dry holes		370	496	681	813
	Interest expense		85	64	173	130
	Sales-based taxes (1)		5,965	7,871	11,495	15,287
	Other taxes and duties		6,910	8,484	13,523	16,505
		Total costs and other deductions	67,159	97,057	128,142	188,155
Income before income taxes			6,954	14,151	13,589	29,378
	Income taxes		2,692	5,034	4,252	10,891
Net income including noncontrolling interests			4,262	9,117	9,337	18,487
	Net income attributable to noncontrolling interests		72	337	207	607
Net income attributable to ExxonMobil			4,190	8,780	9,130	17,880
Earnings per common share (dollars)			1.00	2.05	2.17	4.15
Earnings per common share - assuming dilution (dollars)			1.00	2.05	2.17	4.15
Dividends per common share(dollars)			0.73	0.69	1.42	1.32
(1) Sales-based taxes included in sales and other
		operating revenue	5,965	7,871	11,495	15,287

The information in the Notes to Condensed Consolidated Financial Statements is an integral part of these statements.

3

EXXON MOBIL CORPORATION
CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME
(millions of dollars)
				Three Months Ended		Six Months Ended
				June 30,		June 30,
				2015	2014	2015	2014
Net income including noncontrolling interests				4,262	9,117	9,337	18,487
Other comprehensive income (net of income taxes)
	Foreign exchange translation adjustment			997	1,628	(4,356)	842
	Adjustment for foreign exchange translation (gain)/loss
			included in net income	-	81	-	163
	Postretirement benefits reserves adjustment
			(excluding amortization)	(186)	(92)	627	(176)
	Amortization and settlement of postretirement benefits reserves
			adjustment included in net periodic benefit costs	357	313	708	629
	Unrealized change in fair value of stock investments			17	18	19	(36)
	Realized (gain)/loss from stock investments included in
			net income	4	-	12	-
		Total other comprehensive income		1,189	1,948	(2,990)	1,422
Comprehensive income including noncontrolling interests				5,451	11,065	6,347	19,909
	Comprehensive income attributable to
			noncontrolling interests	159	556	(247)	615
Comprehensive income attributable to ExxonMobil				5,292	10,509	6,594	19,294

The information in the Notes to Condensed Consolidated Financial Statements is an integral part of these statements.

4

EXXON MOBIL CORPORATION
CONDENSED CONSOLIDATED BALANCE SHEET
(millions of dollars)
				June 30,	Dec. 31,
				2015	2014
Assets
	Current assets
		Cash and cash equivalents		4,343	4,616
		Cash and cash equivalents – restricted		35	42
		Notes and accounts receivable – net		25,957	28,009
		Inventories
			Crude oil, products and merchandise	12,299	12,384
			Materials and supplies	4,364	4,294
		Other current assets		4,649	3,565
			Total current assets	51,647	52,910
	Investments, advances and long-term receivables			34,162	35,239
	Property, plant and equipment – net			253,653	252,668
	Other assets, including intangibles – net			8,798	8,676
			Total assets	348,260	349,493
Liabilities
	Current liabilities
		Notes and loans payable		14,409	17,468
		Accounts payable and accrued liabilities		39,914	42,227
		Income taxes payable		4,049	4,938
			Total current liabilities	58,372	64,633
	Long-term debt			19,431	11,653
	Postretirement benefits reserves			25,039	25,802
	Deferred income tax liabilities			39,419	39,230
	Long-term obligations to equity companies			5,487	5,325
	Other long-term obligations			21,514	21,786
			Total liabilities	169,262	168,429
Commitments and contingencies (Note 3)
Equity
	Common stock without par value
		(9,000 million shares authorized,  8,019 million shares issued)		11,224	10,792
	Earnings reinvested			411,538	408,384
	Accumulated other comprehensive income			(21,493)	(18,957)
	Common stock held in treasury
		(3,850 million shares at June 30, 2015 and
		3,818 million shares at December 31, 2014)		(228,601)	(225,820)
			ExxonMobil share of equity	172,668	174,399
	Noncontrolling interests			6,330	6,665
			Total equity	178,998	181,064
			Total liabilities and equity	348,260	349,493

The information in the Notes to Condensed Consolidated Financial Statements is an integral part of these statements.

5

EXXON MOBIL CORPORATION
CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS
(millions of dollars)
				Six Months Ended
				June 30,
				2015	2014
Cash flows from operating activities
	Net income including noncontrolling interests			9,337	18,487
	Depreciation and depletion			8,751	8,477
	Changes in operational working capital, excluding cash and debt			(1,533)	3
	All other items – net			235	(1,662)
			Net cash provided by operating activities	16,790	25,305
Cash flows from investing activities
	Additions to property, plant and equipment			(13,953)	(15,870)
	Proceeds associated with sales of subsidiaries, property, plant and
		equipment, and sales and returns of investments		1,113	3,667
	Additional investments and advances			(363)	(678)
	Other investing activities – net			360	2,398
			Net cash used in investing activities	(12,843)	(10,483)
Cash flows from financing activities
	Additions to long-term debt			8,000	5,500
	Reductions in long-term debt			(13)	-
	Additions/(reductions) in short-term debt – net			(414)	(489)
	Additions/(reductions) in debt with three months or less maturity			(2,773)	(5,747)
	Cash dividends to ExxonMobil shareholders			(5,976)	(5,698)
	Cash dividends to noncontrolling interests			(88)	(131)
	Tax benefits related to stock-based awards			-	7
	Common stock acquired			(2,784)	(6,863)
	Common stock sold			-	9
			Net cash used in financing activities	(4,048)	(13,412)
Effects of exchange rate changes on cash				(172)	29
Increase/(decrease) in cash and cash equivalents				(273)	1,439
Cash and cash equivalents at beginning of period				4,616	4,644
Cash and cash equivalents at end of period				4,343	6,083
Supplemental Disclosures
	Income taxes paid			4,072	10,366
	Cash interest paid			263	174

The information in the Notes to Condensed Consolidated Financial Statements is an integral part of these statements.

6

	EXXON MOBIL CORPORATION
	CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
	(millions of dollars)
			ExxonMobil Share of Equity
							Accumulated
								Other		Common
								Compre-		Stock		ExxonMobil		Non-
			Common		Earnings			hensive		Held in		Share of		controlling		Total
			Stock		Reinvested			Income		Treasury		Equity		Interests		Equity
Balance as of December 31, 2013				10,077		387,432			(10,725)		(212,781)		174,003		6,492		180,495
	Amortization of stock-based awards			402		-			-		-		402		-		402
	Tax benefits related to stock-based
		awards		7		-			-		-		7		-		7
	Other			1		-			-		-		1		-		1
	Net income for the period			-		17,880			-		-		17,880		607		18,487
	Dividends – common shares			-		(5,698)			-		-		(5,698)		(131)		(5,829)
	Other comprehensive income			-		-			1,414		-		1,414		8		1,422
	Acquisitions, at cost			-		-			-		(6,863)		(6,863)		-		(6,863)
	Dispositions			-		-			-		9		9		-		9
Balance as of June 30, 2014				10,487		399,614			(9,311)		(219,635)		181,155		6,976		188,131
Balance as of December 31, 2014				10,792		408,384			(18,957)		(225,820)		174,399		6,665		181,064
	Amortization of stock-based awards			429		-			-		-		429		-		429
	Tax benefits related to stock-based
		awards		6		-			-		-		6		-		6
	Other			(3)		-			-		-		(3)		-		(3)
	Net income for the period			-		9,130			-		-		9,130		207		9,337
	Dividends – common shares			-		(5,976)			-		-		(5,976)		(88)		(6,064)
	Other comprehensive income			-		-			(2,536)		-		(2,536)		(454)		(2,990)
	Acquisitions, at cost			-		-			-		(2,784)		(2,784)		-		(2,784)
	Dispositions			-		-			-		3		3		-		3
Balance as of June 30, 2015				11,224		411,538			(21,493)		(228,601)		172,668		6,330		178,998
			Six Months Ended June 30, 2015									Six Months Ended June 30, 2014
					Held in									Held in
	Common Stock Share Activity		Issued		Treasury			Outstanding				Issued		Treasury		Outstanding
			(millions of shares)									(millions of shares)
	Balance as of December 31			8,019		(3,818)			4,201				8,019		(3,684)		4,335
		Acquisitions		-		(32)			(32)				-		(70)		(70)
		Dispositions		-		-			-				-		-		-
	Balance as of June 30			8,019		(3,850)			4,169				8,019		(3,754)		4,265

The information in the Notes to Condensed Consolidated Financial Statements is an integral part of these statements.

7

EXXON MOBIL CORPORATION

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

1.Basis of Financial Statement Preparation

These unaudited condensed consolidated financial statements should be read in the context of the consolidated financial statements and notes thereto filed with the Securities and Exchange Commission in the Corporation's 2014 Annual Report on Form 10-K. In the opinion of the Corporation, the information furnished herein reflects all known accruals and adjustments necessary for a fair statement of the results for the periods reported herein. All such adjustments are of a normal recurring nature. Prior data has been reclassified in certain cases to conform to the current presentation basis.

The Corporation's exploration and production activities are accounted for under the "successful efforts" method.

2.     Recently Issued Accounting Standard

In May 2014, the Financial Accounting Standards Board issued a new standard, Revenue from Contracts with Customers. The standard establishes a single revenue recognition model for all contracts with customers, eliminates industry specific requirements, and expands disclosure requirements. The standard is expected to be adopted beginning January 1, 2018. ExxonMobil is evaluating the standard and its effect on the Corporation’s financial statements. 

3.Litigation and Other Contingencies

Litigation

A variety of claims have been made against ExxonMobil and certain of its consolidated subsidiaries in a number of pending lawsuits. Management has regular litigation reviews, including updates from corporate and outside counsel, to assess the need for accounting recognition or disclosure of these contingencies. The Corporation accrues an undiscounted liability for those contingencies where the incurrence of a loss is probable and the amount can be reasonably estimated. If a range of amounts can be reasonably estimated and no amount within the range is a better estimate than any other amount, then the minimum of the range is accrued. The Corporation does not record liabilities when the likelihood that the liability has been incurred is probable but the amount cannot be reasonably estimated or when the liability is believed to be only reasonably possible or remote. For contingencies where an unfavorable outcome is reasonably possible and which are significant, the Corporation discloses the nature of the contingency and, where feasible, an estimate of the possible loss. For purposes of our contingency disclosures, “significant” includes material matters as well as other matters which management believes should be disclosed. ExxonMobil will continue to defend itself vigorously in these matters. Based on a consideration of all relevant facts and circumstances, the Corporation does not believe the ultimate outcome of any currently pending lawsuit against ExxonMobil will have a material adverse effect upon the Corporation's operations, financial condition, or financial statements taken as a whole.

Other Contingencies

The Corporation and certain of its consolidated subsidiaries were contingently liable at June 30, 2015, for guarantees relating to notes, loans and performance under contracts. Where guarantees for environmental remediation and other similar matters do not include a stated cap, the amounts reflect management’s estimate of the maximum potential exposure. These guarantees are not reasonably likely to have a material effect on the Corporation’s financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources.

			As of June 30, 2015
			Equity	Other
			Company	Third Party
			Obligations (1)	Obligations	Total
			(millions of dollars)
Guarantees
	Debt-related		86	38	124
	Other		3,015	4,151	7,166
		Total	3,101	4,189	7,290
(1) ExxonMobil share

8

Additionally, the Corporation and its affiliates have numerous long-term sales and purchase commitments in their various business activities, all of which are expected to be fulfilled with no adverse consequences material to the Corporation’s operations or financial condition. The Corporation's outstanding unconditional purchase obligations at June 30, 2015, were similar to those at the prior year-end period. Unconditional purchase obligations as defined by accounting standards are those long-term commitments that are noncancelable or cancelable only under certain conditions, and that third parties have used to secure financing for the facilities that will provide the contracted goods or services.

The operations and earnings of the Corporation and its affiliates throughout the world have been, and may in the future be, affected from time to time in varying degree by political developments and laws and regulations, such as forced divestiture of assets; restrictions on production, imports and exports; price controls; tax increases and retroactive tax claims; expropriation of property; cancellation of contract rights and environmental regulations. Both the likelihood of such occurrences and their overall effect upon the Corporation vary greatly from country to country and are not predictable. 

In accordance with a nationalization decree issued by Venezuela’s president in February 2007, by May 1, 2007, a subsidiary of the Venezuelan National Oil Company (PdVSA) assumed the operatorship of the Cerro Negro Heavy Oil Project. This Project had been operated and owned by ExxonMobil affiliates holding a 41.67 percent ownership interest in the Project. The decree also required conversion of the Cerro Negro Project into a “mixed enterprise” and an increase in PdVSA’s or one of its affiliate’s ownership interest in the Project, with the stipulation that if ExxonMobil refused to accept the terms for the formation of the mixed enterprise within a specified period of time, the government would “directly assume the activities” carried out by the joint venture. ExxonMobil refused to accede to the terms proffered by the government, and on June 27, 2007, the government expropriated ExxonMobil’s 41.67 percent interest in the Cerro Negro Project.

On September 6, 2007, affiliates of ExxonMobil filed a Request for Arbitration with the International Centre for Settlement of Investment Disputes (ICSID). The ICSID Tribunal issued a decision on June 10, 2010, finding that it had jurisdiction to proceed on the basis of the Netherlands-Venezuela Bilateral Investment Treaty. On October 9, 2014, the ICSID Tribunal issued its final award finding in favor of the ExxonMobil affiliates and awarding $1.6 billion as of the date of expropriation, June 27, 2007, and interest from that date at 3.25% compounded annually until the date of payment in full. The Tribunal also noted that one of the Cerro Negro Project agreements provides a mechanism to prevent double recovery between the ICSID award and all or part of an earlier award of $908 million to an ExxonMobil affiliate, Mobil Cerro Negro, Ltd., against PdVSA and a PdVSA affiliate, PdVSA CN, in an arbitration under the rules of the International Chamber of Commerce (ICC).

On June 12, 2015, the Tribunal rejected in its entirety Venezuela’s October 23, 2014, application to revise the ICSID award. The Tribunal also lifted the associated stay of enforcement that had been entered upon the filing of the application to revise.

Still pending is Venezuela’s February 2, 2015, application to ICSID seeking annulment of the ICSID award. That application alleges that, in issuing the ICSID award, the Tribunal exceeded its powers, failed to state reasons on which the ICSID award was based, and departed from a fundamental rule of procedure. A separate stay of the ICSID award was entered following the filing of the annulment application. On July 7, 2015, the ICSID Committee considering the annulment application heard arguments from the parties on whether to lift the stay of the award associated with that application. On July 28, 2015, the Committee issued an order that would lift the stay of enforcement unless, within 30 days, Venezuela delivers a commitment to pay the award if the application to annul is denied. In that event, the ICSID Committee would require, as a condition to the lifting of the stay, that the ExxonMobil affiliates give a commitment within 15 days that any attempt to enforce the ICSID award will take full account of the requirement in the award to avoid double recovery of amounts received under the ICC award. 

The United States District Court for the Southern District of New York entered judgment on the ICSID award on October 10, 2014. Motions filed by Venezuela to vacate that judgment on procedural grounds and to modify the judgment by reducing the rate of interest to be paid on the ICSID award from the entry of the court’s judgment, until the date of payment, were denied on February 13, 2015, and March 4, 2015, respectively. On March 9, 2015, Venezuela filed a notice of appeal of the court’s actions on the two motions.

The District Court’s judgment on the ICSID award is currently stayed until such time as ICSID’s stay of the award entered following Venezuela’s filing of its application to annul has been lifted. The net impact of these matters on the Corporation’s consolidated financial results cannot be reasonably estimated. Regardless, the Corporation does not expect the resolution to have a material effect upon the Corporation’s operations or financial condition.

9

An affiliate of ExxonMobil is one of the Contractors under a Production Sharing Contract (PSC) with the Nigerian National Petroleum Corporation (NNPC) covering the Erha block located in the offshore waters of Nigeria. ExxonMobil's affiliate is the operator of the block and owns a 56.25 percent interest under the PSC. The Contractors are in dispute with NNPC regarding NNPC's lifting of crude oil in excess of its entitlement under the terms of the PSC. In accordance with the terms of the PSC, the Contractors initiated arbitration in Abuja, Nigeria, under the Nigerian Arbitration and Conciliation Act. On October 24, 2011, a three-member arbitral Tribunal issued an award upholding the Contractors' position in all material respects and awarding damages to the Contractors jointly in an amount of approximately $1.8 billion plus $234 million in accrued interest. The Contractors petitioned a Nigerian federal court for enforcement of the award, and NNPC petitioned the same court to have the award set aside. On May 22, 2012, the court set aside the award. The Contractors have appealed that judgment. In June 2013, the Contractors filed a lawsuit against NNPC in the Nigerian federal high court in order to preserve their ability to seek enforcement of the PSC in the courts if necessary. In October 2014, the Contractors filed suit in the United States District Court for the Southern District of New York to enforce, if necessary, the arbitration award against NNPC assets residing within that jurisdiction. At this time, the net impact of this matter on the Corporation's consolidated financial results cannot be reasonably estimated. However, regardless of the outcome of enforcement proceedings, the Corporation does not expect the proceedings to have a material effect upon the Corporation's operations or financial condition. 

10

4.     Other Comprehensive Income Information

			Cumulative	Post-
			Foreign	retirement	Unrealized
			Exchange	Benefits	Change in
ExxonMobil Share of Accumulated Other			Translation	Reserves	Stock
Comprehensive Income			Adjustment	Adjustment	Investments	Total
		(millions of dollars)
Balance as of December 31, 2013			(846)	(9,879)	-	(10,725)
Current period change excluding amounts reclassified
	from accumulated other comprehensive income		849	(168)	(36)	645
Amounts reclassified from accumulated other
	comprehensive income		163	606	-	769
Total change in accumulated other comprehensive income			1,012	438	(36)	1,414
Balance as of June 30, 2014			166	(9,441)	(36)	(9,311)
Balance as of December 31, 2014			(5,952)	(12,945)	(60)	(18,957)
Current period change excluding amounts reclassified
	from accumulated other comprehensive income		(3,873)	620	19	(3,234)
Amounts reclassified from accumulated other
	comprehensive income		-	686	12	698
Total change in accumulated other comprehensive income			(3,873)	1,306	31	(2,536)
Balance as of June 30, 2015			(9,825)	(11,639)	(29)	(21,493)

				Three Months Ended		Six Months Ended
Amounts Reclassified Out of Accumulated Other				June 30,		June 30,
Comprehensive Income - Before-tax Income/(Expense)				2015	2014	2015	2014
			(millions of dollars)
Foreign exchange translation gain/(loss) included in net income
	(Statement of Income line: Other income)			-	(81)	-	(163)
Amortization and settlement of postretirement benefits reserves
	adjustment included in net periodic benefit costs(1)			(507)	(434)	(1,018)	(885)
Realized change in fair value of stock investments included in
		net income (Statement of Income line: Other income)		(6)	-	(18)	-

(1)   These accumulated other comprehensive income components are included in the computation of net periodic pension cost. (See Note 6 – Pension and Other Postretirement Benefits for additional details.)

			Three Months Ended		Six Months Ended
Income Tax (Expense)/Credit For			June 30,		June 30,
Components of Other Comprehensive Income			2015	2014	2015	2014
		(millions of dollars)
Foreign exchange translation adjustment			(25)	61	65	29
Postretirement benefits reserves adjustment
	(excluding amortization)		75	27	(302)	77
Amortization and settlement of postretirement benefits reserves
	adjustment included in net periodic benefit costs		(150)	(121)	(310)	(256)
Unrealized change in fair value of stock investments			(10)	(10)	(11)	19
Realized change in fair value of stock investments
	included in net income		(2)	-	(6)	-
Total			(112)	(43)	(564)	(131)

11

5.     Earnings Per Share

		Three Months Ended		Six Months Ended
		June 30,		June 30,
		2015	2014	2015	2014
Earnings per common share
Net income attributable to ExxonMobil (millions of dollars)		4,190	8,780	9,130	17,880
Weighted average number of common shares
	outstanding (millions of shares)	4,200	4,297	4,205	4,312
Earnings per common share (dollars) (1)		1.00	2.05	2.17	4.15

(1)  The calculation of earnings per common share and earnings per common share – assuming dilution are the same in each period shown.

6.     Pension and Other Postretirement Benefits

					Three Months Ended		Six Months Ended
					June 30,		June 30,
					2015	2014	2015	2014
				(millions of dollars)
Components of net benefit cost
	Pension Benefits - U.S.
		Service cost			199	182	394	359
		Interest cost			197	201	393	403
		Expected return on plan assets			(207)	(200)	(414)	(400)
		Amortization of actuarial loss/(gain) and prior
			service cost		136	104	274	208
		Net pension enhancement and
			curtailment/settlement cost		117	113	234	225
		Net benefit cost			442	400	881	795
	Pension Benefits - Non-U.S.
		Service cost			172	154	348	304
		Interest cost			212	289	430	574
		Expected return on plan assets			(273)	(301)	(551)	(599)
		Amortization of actuarial loss/(gain) and prior
			service cost		208	189	419	381
		Net benefit cost			319	331	646	660
	Other Postretirement Benefits
		Service cost			48	38	85	75
		Interest cost			83	112	173	204
		Expected return on plan assets			(7)	(11)	(14)	(20)
		Amortization of actuarial loss/(gain) and prior
			service cost		46	28	91	71
		Net benefit cost			170	167	335	330

12

7.     Financial Instruments

The fair value of financial instruments is determined by reference to observable market data and other valuation techniques as appropriate. The only category of financial instruments where the difference between fair value and recorded book value is notable is long-term debt. The estimated fair value of total long-term debt, excluding capitalized lease obligations, was $19,001 million at June 30, 2015, and $11,660 million at December 31, 2014, as compared to recorded book values of $18,857 million at June 30, 2015, and $11,278 million at December 31, 2014. The increase in the estimated fair value and book value of long-term debt reflects the Corporation’s issuance of $8.0 billion of long-term debt in the first quarter of 2015. The $8.0 billion of long-term debt is comprised of $500 million of floating-rate notes due in 2018, $500 million of floating-rate notes due in 2022, $1,600 million of 1.305% notes due in 2018, $1,500 million of 1.912% notes due in 2020, $1,150 million of 2.397% notes due in 2022, $1,750 million of 2.709% notes due in 2025, and $1,000 million of 3.567% notes due in 2045.

The fair value of long-term debt by hierarchy level at June 30, 2015, is: Level 1 $18,577 million; Level 2 $362 million; and Level 3 $62 million. Level 1 represents quoted prices in active markets. Level 2 includes debt whose fair value is based upon a publicly available index. Level 3 involves using internal data augmented by relevant market indicators if available.

8.     Disclosures about Segments and Related Information

				Three Months Ended		Six Months Ended
				June 30,		June 30,
				2015	2014	2015	2014
Earnings After Income Tax			(millions of dollars)
	Upstream
		United States		(47)	1,193	(99)	2,437
		Non-U.S.		2,078	6,688	4,985	13,227
	Downstream
		United States		412	536	979	1,159
		Non-U.S.		1,094	175	2,194	365
	Chemical
		United States		735	528	1,340	1,207
		Non-U.S.		511	313	888	681
	All other			(593)	(653)	(1,157)	(1,196)
	Corporate total			4,190	8,780	9,130	17,880
Sales and Other Operating Revenue (1)
	Upstream
		United States		2,231	3,886	4,356	7,760
		Non-U.S.		4,386	6,413	8,508	12,240
	Downstream
		United States		20,794	32,431	39,183	62,843
		Non-U.S.		36,496	53,176	69,658	104,464
	Chemical
		United States		2,788	3,750	5,580	7,626
		Non-U.S.		4,663	6,052	8,829	12,084
	All other			2	11	4	14
	Corporate total			71,360	105,719	136,118	207,031
(1)	Includes sales-based taxes
Intersegment Revenue
	Upstream
		United States		1,224	2,204	2,404	4,267
		Non-U.S.		6,086	10,080	10,943	20,861
	Downstream
		United States		3,549	4,147	6,625	9,056
		Non-U.S.		6,527	12,557	11,800	25,399
	Chemical
		United States		2,134	2,553	3,907	5,187
		Non-U.S.		1,362	2,457	2,683	4,724
	All other			70	71	138	138

13

EXXON MOBIL CORPORATION

Item 2.       Management's Discussion and Analysis of Financial Condition and Results of Operations

FUNCTIONAL EARNINGS SUMMARY
			Second Quarter		First Six Months
Earnings (U.S. GAAP)			2015	2014	2015	2014
		(millions of dollars)
Upstream
	United States		(47)	1,193	(99)	2,437
	Non-U.S.		2,078	6,688	4,985	13,227
Downstream
	United States		412	536	979	1,159
	Non-U.S.		1,094	175	2,194	365
Chemical
	United States		735	528	1,340	1,207
	Non-U.S.		511	313	888	681
Corporate and financing			(593)	(653)	(1,157)	(1,196)
	Net Income attributable to ExxonMobil (U.S. GAAP)		4,190	8,780	9,130	17,880
Earnings per common share (dollars)			1.00	2.05	2.17	4.15
Earnings per common share - assuming dilution (dollars)			1.00	2.05	2.17	4.15

References in this discussion to corporate earnings mean net income attributable to ExxonMobil (U.S. GAAP) from the consolidated income statement. Unless otherwise indicated, references to earnings, Upstream, Downstream, Chemical and Corporate and Financing segment earnings, and earnings per share are ExxonMobil's share after excluding amounts attributable to noncontrolling interests.

REVIEW OF SECOND QUARTER 2015 RESULTS

ExxonMobil’s second quarter 2015 earnings were $4.2 billion, or $1 per diluted share, compared with $8.8 billion a year earlier. Higher Downstream and Chemical earnings were more than offset by the impact of weaker Upstream realizations and lower asset management gains.

ExxonMobil is delivering on its investment and operating commitments across the integrated portfolio. Quarterly results reflect the disparate impacts of the current commodity price environment, but also demonstrate the strength of our sound operations, superior project execution capabilities, as well as continued discipline in capital and expense management.

ExxonMobil produced 4 million oil‑equivalent barrels per day, an increase of 139,000 barrels per day, or 3.6 percent. Liquids volumes of 2.3 million barrels per day increased 11.9 percent, benefiting from new developments in Angola, Canada, Indonesia and the United States. 

Earnings in the first six months of 2015 were $9.1 billion, down $8.8 billion or 49 percent from 2014.

Earnings per share, assuming dilution, decreased 48 percent to $2.17.

Capital and exploration expenditures were $16 billion, down 12 percent from 2014.

Oil equivalent production increased 3 percent from 2014, with liquids up 8.9 percent and natural gas down 3.6 percent.

The corporation distributed $8 billion to shareholders in the first half of 2015 through $6 billion in dividends and $2 billion in share purchases to reduce shares outstanding.

14

				Second Quarter		First Six Months
				2015	2014	2015	2014
			(millions of dollars)
Upstream earnings
	United States			(47)	1,193	(99)	2,437
	Non-U.S.			2,078	6,688	4,985	13,227
		Total		2,031	7,881	4,886	15,664

Upstream earnings were $2,031 million in the second quarter of 2015, down $5,850 million from the second quarter of 2014. Lower liquids and gas realizations decreased earnings by $4.5 billion, while volume effects increased earnings by $330 million driven by new developments. All other items decreased earnings by $1.7 billion, including the one‑time $260 million deferred income tax impact related to the tax rate increase in Alberta, Canada, and the absence of prior year asset management gains.

On an oil‑equivalent basis, production increased 3.6 percent from the second quarter of 2014. Liquids production totaled 2.3 million barrels per day, up 243,000 barrels per day, with project ramp‑up and entitlement effects partly offset by field decline. Natural gas production was 10.1 billion cubic feet per day, down 622 million cubic feet per day from 2014 due to regulatory restrictions in the Netherlands. Project volumes and entitlement effects offset field decline.

The U.S. Upstream operations recorded a loss of $47 million, down $1,240 million from the second quarter of 2014. Non‑U.S. Upstream earnings were $2,078 million, down $4,610 million from the prior year.

Upstream earnings for the first six months of 2015 were $4,886 million, down $10,778 million from 2014. Lower realizations decreased earnings by $10 billion. Favorable volume and mix effects increased earnings by $570 million. All other items, primarily the absence of prior year asset management gains, decreased earnings by $1.4 billion.

On an oil‑equivalent basis, production of 4.1 million barrels per day was up 3 percent compared to the same period in 2014. Liquids production of 2.3 million barrels per day increased 186,000 barrels per day, with project ramp‑up and entitlement effects partly offset by field decline. Natural gas production of 11 billion cubic feet per day decreased 407 million cubic feet per day from 2014 due to regulatory restrictions in the Netherlands. Project ramp‑up and entitlement effects exceeded field decline.

The U.S. Upstream operations recorded a loss of $99 million, down $2,536 million from 2014. Non‑U.S. earnings were $4,985 million, down $8,242 million from the prior year.

15

		Second Quarter		First Six Months
Upstream additional information			(thousands of barrels daily)
Volumes reconciliation (Oil-equivalent production)(1)
2014			3,840		3,995
	Entitlements - Net interest		(10)		(23)
	Entitlements - Price / Spend / Other		171		176
	Quotas		-		-
	Divestments		(29)		(33)
	Growth / Other		7		(2)
2015			3,979		4,113
(1) Gas converted to oil-equivalent at 6 million cubic feet = 1 thousand barrels.

Listed below are descriptions of ExxonMobil’s volumes reconciliation factors which are provided to facilitate understanding of the terms.

Entitlements - Net Interest are changes to ExxonMobil’s share of production volumes caused by non-operational changes to volume-determining factors. These factors consist of net interest changes specified in Production Sharing Contracts (PSCs) which typically occur when cumulative investment returns or production volumes achieve defined thresholds, changes in equity upon achieving pay-out in partner investment carry situations, equity redeterminations as specified in venture agreements, or as a result of the termination or expiry of a concession. Once a net interest change has occurred, it typically will not be reversed by subsequent events, such as lower crude oil prices.

Entitlements - Price, Spend and Other are changes to ExxonMobil’s share of production volumes resulting from temporary changes to non-operational volume-determining factors. These factors include changes in oil and gas prices or spending levels from one period to another. According to the terms of contractual arrangements or government royalty regimes, price or spending variability can increase or decrease royalty burdens and/or volumes attributable to ExxonMobil. For example, at higher prices, fewer barrels are required for ExxonMobil to recover its costs. These effects generally vary from period to period with field spending patterns or market prices for oil and natural gas. Such factors can also include other temporary changes in net interest as dictated by specific provisions in production agreements.

Quotas are changes in ExxonMobil’s allowable production arising from production constraints imposed by countries which are members of the Organization of the Petroleum Exporting Countries (OPEC). Volumes reported in this category would have been readily producible in the absence of the quota.

Divestments are reductions in ExxonMobil’s production arising from commercial arrangements to fully or partially reduce equity in a field or asset in exchange for financial or other economic consideration.

Growth and Other factors comprise all other operational and non-operational factors not covered by the above definitions that may affect volumes attributable to ExxonMobil. Such factors include, but are not limited to, production enhancements from project and work program activities, acquisitions including additions from asset exchanges, downtime, market demand, natural field decline, and any fiscal or commercial terms that do not affect entitlements.

16

				Second Quarter		First Six Months
				2015	2014	2015	2014
			(millions of dollars)
Downstream earnings
	United States			412	536	979	1,159
	Non-U.S.			1,094	175	2,194	365
		Total		1,506	711	3,173	1,524

Downstream earnings were $1,506 million, up $795 million from the second quarter of 2014. Stronger margins increased earnings by $1.1 billion. Volume and mix effects decreased earnings by $80 million. All other items, including higher maintenance expenses, decreased earnings by $230 million. Petroleum product sales of 5.7 million barrels per day were 104,000 barrels per day lower than the prior year's second quarter.

Earnings from the U.S. Downstream were $412 million, down $124 million from the second quarter of 2014. Non‑U.S. Downstream earnings of $1,094 million were $919 million higher than last year.

Downstream earnings of $3,173 million for the first six months of 2015 increased $1,649 million from 2014. Stronger margins increased earnings by $2.1 billion. Volume and mix effects were essentially flat period-to-period. All other items, including higher planned maintenance expenses, decreased earnings by $480 million. Petroleum product sales of 5.8 million barrels per day were 54,000 barrels per day lower than 2014.

U.S. Downstream earnings were $979 million, a decrease of $180 million from 2014. Non‑U.S. Downstream earnings were $2,194 million, up $1,829 million from the prior year.

				Second Quarter		First Six Months
				2015	2014	2015	2014
			(millions of dollars)
Chemical earnings
	United States			735	528	1,340	1,207
	Non-U.S.			511	313	888	681
		Total		1,246	841	2,228	1,888

Chemical earnings of $1,246 million were $405 million higher than the second quarter of 2014. Margins increased earnings by $340 million, benefiting from lower feedstock costs. Volume mix effects increased earnings by $20 million. All other items, primarily asset management gains in the U.S., partly offset by unfavorable foreign exchange effects, increased earnings by a net $50 million. Second quarter prime product sales of 6.1 million metric tons were 61,000 metric tons lower than the prior year's second quarter.

Chemical earnings of $2,228 million for the first six months of 2015 increased $340 million from 2014. Higher margins increased earnings by $590 million. Favorable volume mix effects increased earnings by $70 million. All other items, including unfavorable foreign exchange effects partly offset by asset management gains in the U.S., decreased earnings by $320 million. Prime product sales of 12.1 million metric tons were down 120,000 metric tons from 2014.

17

		Second Quarter		First Six Months
		2015	2014	2015	2014
	(millions of dollars)
Corporate and financing earnings		(593)	(653)	(1,157)	(1,196)

Corporate and financing expenses were $593 million for the second quarter of 2015, down $60 million from the second quarter of 2014.

Corporate and financing expenses were $1,157 million in the first six months of 2015, essentially flat with 2014.

18

LIQUIDITY AND CAPITAL RESOURCES
				Second Quarter		First Six Months
				2015	2014	2015	2014
			(millions of dollars)
Net cash provided by/(used in)
	Operating activities					16,790	25,305
	Investing activities					(12,843)	(10,483)
	Financing activities					(4,048)	(13,412)
Effect of exchange rate changes						(172)	29
Increase/(decrease) in cash and cash equivalents						(273)	1,439
Cash and cash equivalents (at end of period)						4,343	6,083
Cash and cash equivalents – restricted (at end of period)						35	198
Total cash and cash equivalents (at end of period)						4,378	6,281
Cash flow from operations and asset sales
	Net cash provided by operating activities (U.S. GAAP)			8,792	10,202	16,790	25,305
	Proceeds associated with sales of subsidiaries, property,
		plant & equipment, and sales and returns of investments		629	2,556	1,113	3,667
	Cash flow from operations and asset sales			9,421	12,758	17,903	28,972

Because of the ongoing nature of our asset management and divestment program, we believe it is useful for investors to consider proceeds associated with asset sales together with cash provided by operating activities when evaluating cash available for investment in the business and financing activities, including shareholder distributions.

Cash flow from operations and asset sales in the second quarter of 2015 was $9.4 billion, including asset sales of $0.6 billion, a decrease of $3.3 billion from the comparable 2014 period due to lower earnings and lower proceeds from asset sales.

Cash provided by operating activities totaled $16.8 billion for the first six months of 2015, $8.5 billion lower than 2014. The major source of funds was net income including noncontrolling interests of $9.3 billion, a decrease of $9.2 billion from the prior year period. The adjustment for the noncash provision of $8.8 billion for depreciation and depletion increased by $0.3 billion. Changes in operational working capital decreased cash flows by $1.5 billion in 2015. All other items net increased cash by $0.2 billion in 2015 and decreased cash by $1.7 billion in 2014. For additional details, see the Condensed Consolidated Statement of Cash Flows on page 6.

Investing activities for the first six months of 2015 used net cash of $12.8 billion, an increase of $2.4 billion compared to the prior year. Spending for additions to property, plant and equipment of $14 billion was $1.9 billion lower than 2014. Proceeds from asset sales of $1.1 billion decreased $2.6 billion. Additional investment and advances decreased $0.3 billion to $0.4 billion. Other investing activities – net decreased $2 billion to $0.4 billion.

Cash flow from operations and asset sales in the first six months of 2015 was $17.9 billion, including asset sales of $1.1 billion, and decreased $11.1 billion from the comparable 2014 period primarily due to lower earnings and lower proceeds from asset sales.

During the first quarter of 2015, the Corporation issued $8.0 billion of long-term debt and used part of the proceeds to reduce short-term debt. Net cash used in financing activities of $4.0 billion in the first six months of 2015 was $9.4 billion lower than 2014 reflecting the 2015 debt issuance and a lower level of purchases of shares of ExxonMobil stock in 2015.

During the second quarter of 2015, Exxon Mobil Corporation purchased 12 million shares of its common stock for the treasury at a gross cost of $1.0 billion. These purchases were to reduce the number of shares outstanding. Shares outstanding decreased from 4,181 million at the end of first quarter to 4,169 million at the end of the second quarter 2015. Purchases may be made in both the open market and through negotiated transactions, and may be increased, decreased or discontinued at any time without prior notice.

19

The Corporation distributed to shareholders a total of $4.1 billion in the second quarter of 2015 through dividends and share purchases to reduce shares outstanding.

Total cash and cash equivalents of $4.4 billion at the end of the second quarter of 2015 compared to $6.3 billion at the end of the second quarter of 2014.

Total debt of $33.8 billion compared to $29.1 billion at year-end 2014. The Corporation's debt to total capital ratio was 15.9 percent at the end of the second quarter of 2015 compared to 13.9 percent at year-end 2014.

The Corporation has access to significant capacity of long-term and short-term liquidity. Internally generated funds are expected to cover the majority of financial requirements, supplemented by long-term and short-term debt.

The Corporation, as part of its ongoing asset management program, continues to evaluate its mix of assets for potential upgrade. Because of the ongoing nature of this program, dispositions will continue to be made from time to time which will result in either gains or losses. Additionally, the Corporation continues to evaluate opportunities to enhance its business portfolio through acquisitions of assets or companies, and enters into such transactions from time to time. Key criteria for evaluating acquisitions include potential for future growth and attractive current valuations. Acquisitions may be made with cash, shares of the Corporation’s common stock, or both.

Litigation and other contingencies are discussed in Note 3 to the unaudited condensed consolidated financial statements.

TAXES
				Second Quarter				First Six Months
				2015		2014		2015		2014
			(millions of dollars)
Income taxes				2,692		5,034		4,252		10,891
	Effective income tax rate			45	%	41	%	39	%	43	%
Sales-based taxes				5,965		7,871		11,495		15,287
All other taxes and duties				7,595		9,306		14,869		18,163
		Total		16,252		22,211		30,616		44,341

Income, sales-based and all other taxes and duties totaled $16.3 billion for the second quarter of 2015, a decrease of $6.0 billion from 2014. Income tax expense decreased by $2.3 billion to $2.7 billion reflecting lower pre-tax income. The effective income tax rate was 45 percent compared to 41 percent in the prior year period due primarily to unfavorable tax rate change impacts. Sales-based taxes and all other taxes and duties decreased by $3.6 billion to $13.6 billion as a result of lower sales realizations.

Income, sales-based and all other taxes and duties totaled $30.6 billion for the first six months of 2015, a decrease of $13.7 billion from 2014. Income tax expense decreased by $6.6 billion to $4.3 billion as a result of lower earnings and a lower effective tax rate. The effective income tax rate was 39 percent compared to 43 percent in the prior year due primarily to a lower share of earnings in higher tax jurisdictions. Sales-based and all other taxes decreased by $7.1 billion to $26.4 billion as a result of lower sales realizations.

20

CAPITAL AND EXPLORATION EXPENDITURES
			Second Quarter		First Six Months
			2015	2014	2015	2014
		(millions of dollars)
Upstream (including exploration expenses)			6,746	8,394	13,163	15,658
Downstream			627	682	1,248	1,222
Chemical			828	714	1,482	1,344
Other			60	10	72	12
	Total		8,261	9,800	15,965	18,236

Capital and exploration expenditures in the second quarter of 2015 were $8.3 billion, down 16 percent from the second quarter of 2014, in line with plan.

Capital and exploration expenditures in the first six months of 2015 were $16.0 billion, down 12 percent from the first six months of 2014 due primarily to lower major project spending. The Corporation anticipates an average investment profile of about $34 billion per year for the next few years. Actual spending could vary depending on the progress of individual projects and property acquisitions.

In 2014, the European Union and United States imposed sanctions relating to the Russian energy sector. ExxonMobil continues to comply with all sanctions and regulatory licenses applicable to its affiliates’ investments in the Russian Federation.

21

RECENTLY ISSUED ACCOUNTING STANDARDS

In May 2014, the Financial Accounting Standards Board issued a new standard, Revenue from Contracts with Customers. The standard establishes a single revenue recognition model for all contracts with customers, eliminates industry specific requirements and expands disclosure requirements. The standard is expected to be adopted beginning January 1, 2018. ExxonMobil is evaluating the standard and its effect on the Corporation’s financial statements. 

FORWARD-LOOKING STATEMENTS

Statements relating to future plans, projections, events or conditions are forward-looking statements. Actual results, including project plans, costs, timing, and capacities; capital and exploration expenditures; resource recoveries; and share purchase levels, could differ materially due to factors including: changes in oil or gas prices or other market or economic conditions affecting the oil and gas industry, including the scope and duration of economic recessions; the outcome of exploration and development efforts; changes in law or government regulation, including tax and environmental requirements; the outcome of commercial negotiations; changes in technical or operating conditions; and other factors discussed under the heading "Factors Affecting Future Results" in the “Investors” section of our website and in Item 1A of ExxonMobil's 2014 Form 10-K. We assume no duty to update these statements as of any future date.

The term “project” as used in this report can refer to a variety of different activities and does not necessarily have the same meaning as in any government payment transparency reports.

Item 3.  Quantitative and Qualitative Disclosures About Market Risk

Information about market risks for the six months ended June 30, 2015, does not differ materially from that discussed under Item 7A of the registrant's Annual Report on Form 10-K for 2014.

Item 4.  Controls and Procedures

As indicated in the certifications in Exhibit 31 of this report, the Corporation’s Chief Executive Officer, Principal Financial Officer and Principal Accounting Officer have evaluated the Corporation’s disclosure controls and procedures as of June 30, 2015. Based on that evaluation, these officers have concluded that the Corporation’s disclosure controls and procedures are effective in ensuring that information required to be disclosed by the Corporation in the reports that it files or submits under the Securities Exchange Act of 1934, as amended, is accumulated and communicated to them in a manner that allows for timely decisions regarding required disclosures and are effective in ensuring that such information is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission’s rules and forms. There were no changes during the Corporation’s last fiscal quarter that materially affected, or are reasonably likely to materially affect, the Corporation’s internal control over financial reporting.

22

PART II.  OTHER INFORMATION

Item 1.  Legal Proceedings

ExxonMobil Oil Corporation (EMOC) and the United States Environmental Protection Agency (USEPA) have reached agreement with respect to the revised Notice of Intent to file a Civil Administrative Complaint (NOI) issued by the USEPA concerning alleged violations of release reporting requirements under the Emergency Planning and Community Right-to-Know Act and the Comprehensive Environmental Response, Compensation, and Liability Act at EMOC’s Joliet Refinery previously reported in the Corporation’s Form 10-Q for the second quarter of 2013. Pursuant to the settlement, EMOC paid a penalty of $425,000 on July 15, 2015. 

As reported in the Corporation’s 2014 Form 10-K, on January 23, 2015, the U.S. Department of Transportation Pipeline & Hazardous Materials Safety Administration (PHMSA) issued a $1.05 million penalty assessment against ExxonMobil Pipeline Company (EMPCo) for alleged violations of the federal Pipeline Safety Regulations in connection with the July 1, 2011, discharge of crude oil into the Yellowstone River from EMPCo’s Silvertip Pipeline near Laurel, Montana. On June 12, 2015, PHMSA denied EMPCo’s petition for reconsideration of PHMSA’s order. EMPCo has paid the $1.05 million penalty. 

Refer to the relevant portions of Note 3 of this Quarterly Report on Form 10-Q for further information on legal proceedings.

23

Item 2.  Unregistered Sales of Equity Securities and Use of Proceeds
	Issuer Purchase of Equity Securities for Quarter Ended June 30, 2015
				Total Number of	Maximum Number
				Shares Purchased	of Shares that May
		Total Number	Average	as Part of Publicly	Yet Be Purchased
		of Shares	Price Paid	Announced Plans	Under the Plans or
Period		Purchased	per Share	or Programs	Programs
April 2015		3,870,453	$86.43	3,870,453
May 2015		3,671,769	$86.95	3,671,769
June 2015		4,132,107	$84.65	4,132,107
	Total	11,674,329	$85.96	11,674,329	(See Note 1)

Note 1 - On August 1, 2000, the Corporation announced its intention to resume purchases of shares of its common stock for the treasury both to offset shares issued in conjunction with company benefit plans and programs and to gradually reduce the number of shares outstanding. The announcement did not specify an amount or expiration date. The Corporation has continued to purchase shares since this announcement and to report purchased volumes in its quarterly earnings releases. In its most recent earnings release dated July 31, 2015, the Corporation stated that third quarter 2015 share purchases to reduce shares outstanding are anticipated to equal $500 million. Purchases may be made in both the open market and through negotiated transactions, and purchases may be increased, decreased or discontinued at any time without prior notice.

Item 6.  Exhibits

Exhibit	Description
31.1	Certification (pursuant to Securities Exchange Act Rule 13a-14(a)) by Chief Executive Officer.
31.2	Certification (pursuant to Securities Exchange Act Rule 13a-14(a)) by Principal Financial Officer.
31.3	Certification (pursuant to Securities Exchange Act Rule 13a-14(a)) by Principal Accounting Officer.
32.1	Section 1350 Certification (pursuant to Sarbanes-Oxley Section 906) by Chief Executive Officer.
32.2	Section 1350 Certification (pursuant to Sarbanes-Oxley Section 906) by Principal Financial Officer.
32.3	Section 1350 Certification (pursuant to Sarbanes-Oxley Section 906) by Principal Accounting Officer.
101	Interactive Data Files.

24

EXXON MOBIL CORPORATION

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	EXXON MOBIL CORPORATION
Date: August 5, 2015	By:	/s/  DAVID S. ROSENTHAL
		David S. Rosenthal
		Vice President, Controller and
		Principal Accounting Officer

25

INDEX TO EXHIBITS

Exhibit	Description
31.1	Certification (pursuant to Securities Exchange Act Rule 13a-14(a)) by Chief Executive Officer.
31.2	Certification (pursuant to Securities Exchange Act Rule 13a-14(a)) by Principal Financial Officer.
31.3	Certification (pursuant to Securities Exchange Act Rule 13a-14(a)) by Principal Accounting Officer.
32.1	Section 1350 Certification (pursuant to Sarbanes-Oxley Section 906) by Chief Executive Officer.
32.2	Section 1350 Certification (pursuant to Sarbanes-Oxley Section 906) by Principal Financial Officer.
32.3	Section 1350 Certification (pursuant to Sarbanes-Oxley Section 906) by Principal Accounting Officer.
101	Interactive Data Files.

26

EX-31.1

 

EXHIBIT 31.1

Certification by Rex W. Tillerson

Pursuant to Securities Exchange Act Rule 13a-14(a) 

I, Rex W. Tillerson, certify that:

1.I have reviewed this quarterly report on Form 10-Q of Exxon Mobil Corporation;

2.Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3.Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4.The registrant’s other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

(a)Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b)Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c)Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

(d)Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5.The registrant's other certifying officers and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

(a)All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

(b)Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date: August 5, 2015	/s/  REX W. TILLERSON
	Rex W. Tillerson
	Chief Executive Officer

EX-31.2

 

EXHIBIT 31.2

Certification by Andrew P. Swiger

Pursuant to Securities Exchange Act Rule 13a-14(a) 

I, Andrew P. Swiger, certify that:

1.I have reviewed this quarterly report on Form 10-Q of Exxon Mobil Corporation;

2.Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3.Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4.The registrant’s other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

(a)Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b)Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c)Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

(d)Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5.The registrant's other certifying officers and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

(a)All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

(b)Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date: August 5, 2015	/s/  ANDREW P. SWIGER
	Andrew P. Swiger
	Senior Vice President
	(Principal Financial Officer)

EX-31.3

 

EXHIBIT 31.3

Certification by David S. Rosenthal

Pursuant to Securities Exchange Act Rule 13a-14(a) 

I, David S. Rosenthal, certify that:

1.I have reviewed this quarterly report on Form 10-Q of Exxon Mobil Corporation;

2.Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3.Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4.The registrant’s other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

(a)Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b)Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c)Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

(d)Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5.The registrant's other certifying officers and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

(a)All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

(b)Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date: August 5, 2015	/s/  DAVID S. ROSENTHAL
	David S. Rosenthal
	Vice President and Controller
	(Principal Accounting Officer)

EX-32.1

 

EXHIBIT 32.1

Certification of Periodic Financial Report

Pursuant to 18 U.S.C. Section 1350

        For purposes of 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, the undersigned, Rex W. Tillerson, the chief executive officer of Exxon Mobil Corporation (the “Company”), hereby certifies that, to his knowledge:

(i)the Quarterly Report on Form 10-Q of the Company for the quarter ended June 30, 2015, as filed with the Securities and Exchange Commission on the date hereof (the “Report”) fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

(ii)the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

Date: August 5, 2015	/s/  REX W. TILLERSON
	Rex W. Tillerson
	Chief Executive Officer

A signed original of this written statement required by Section 906 has been provided to Exxon Mobil Corporation and will be retained by Exxon Mobil Corporation and furnished to the Securities and Exchange Commission or its staff upon request.

EX-32.2

 

EXHIBIT 32.2

Certification of Periodic Financial Report

Pursuant to 18 U.S.C. Section 1350

        For purposes of 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, the undersigned, Andrew P. Swiger, the principal financial officer of Exxon Mobil Corporation (the “Company”), hereby certifies that, to his knowledge:

(i)the Quarterly Report on Form 10-Q of the Company for the quarter ended June 30, 2015, as filed with the Securities and Exchange Commission on the date hereof (the “Report”) fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

(ii)the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

Date: August 5, 2015	/s/  ANDREW P. SWIGER
	Andrew P. Swiger
	Senior Vice President
	(Principal Financial Officer)

A signed original of this written statement required by Section 906 has been provided to Exxon Mobil Corporation and will be retained by Exxon Mobil Corporation and furnished to the Securities and Exchange Commission or its staff upon request.

EX-32.3

 

EXHIBIT 32.3

Certification of Periodic Financial Report

Pursuant to 18 U.S.C. Section 1350

        For purposes of 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, the undersigned, David S. Rosenthal, the principal accounting officer of Exxon Mobil Corporation (the “Company”), hereby certifies that, to his knowledge:

(i)the Quarterly Report on Form 10-Q of the Company for the quarter ended June 30, 2015, as filed with the Securities and Exchange Commission on the date hereof (the “Report”) fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

(ii)the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

Date: August 5, 2015	/s/  DAVID S. ROSENTHAL
	David S. Rosenthal
	Vice President and Controller
	(Principal Accounting Officer)

A signed original of this written statement required by Section 906 has been provided to Exxon Mobil Corporation and will be retained by Exxon Mobil Corporation and furnished to the Securities and Exchange Commission or its staff upon request.

XML

Other Comprehensive Income Information (Amounts Reclassified Out Of Acc Other Comp Income) (Details) - Reclassification Out Of Accumulated Other Comprehensive Income [Member] - USD ($) $ in Millions		3 Months Ended		6 Months Ended
		Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Foreign exchange translation gain/(loss) included in net income (Statement of Income line: Other Income)			$ (81)		$ (163)
Accumulated Defined Benefit Plans Adjustment [Member]
Amortization and settlement of postretirement benefits reserves adjustment included in net periodic benefit costs	[1]	$ (507)	$ (434)	$ (1,018)	$ (885)
Accumulated Net Unrealized Investment Gain Loss [Member]
Realized change in fair value of stock investments included in net income (Statement of Income line: Other income)		$ (6)		$ (18)

[1] These accumulated other comprehensive income components are included in the computation of net periodic pension cost. (See Note 6 – Pension and Other Postretirement Benefits for additional details.)

XML

Basis Of Financial Statement Preparation

6 Months Ended

Jun. 30, 2015

Basis Of Financial Statement Preparation [Abstract]

Basis Of Financial Statement Preparation

1.Basis of Financial Statement Preparation

These unaudited condensed consolidated financial statements should be read in the context of the consolidated financial statements and notes thereto filed with the Securities and Exchange Commission in the Corporation's 2014 Annual Report on Form 10-K. In the opinion of the Corporation, the information furnished herein reflects all known accruals and adjustments necessary for a fair statement of the results for the periods reported herein. All such adjustments are of a normal recurring nature. Prior data has been reclassified in certain cases to conform to the current presentation basis.

The Corporation's exploration and production activities are accounted for under the "successful efforts" method.

XML

Financial Instruments (Details) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Mar. 31, 2015	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Debt Instrument [Line Items]
Estimated fair value of total long-term debt, excluding capitalized lease obligations		$ 19,001		$ 11,660
Recorded book values of total long-term debt, excluding capitalized lease obligations		18,857		$ 11,278
Additions to long-term debt	$ 8,000	8,000	$ 5,500
Floating-Rate Notes Due 2018 [Member]
Debt Instrument [Line Items]
Additions to long-term debt		$ 500
Debt maturity		Mar. 01, 2018
Floating-Rate Notes Due 2022 [Member]
Debt Instrument [Line Items]
Additions to long-term debt		$ 500
Debt maturity		Mar. 06, 2022
1.305% Notes Due 2018 [Member]
Debt Instrument [Line Items]
Additions to long-term debt		$ 1,600
Interest rate		1.305%
Debt maturity		Mar. 06, 2018
1.912% Notes Due 2020 [Member]
Debt Instrument [Line Items]
Additions to long-term debt		$ 1,500
Interest rate		1.912%
Debt maturity		Mar. 06, 2020
2.397% Notes Due 2022 [Member]
Debt Instrument [Line Items]
Additions to long-term debt		$ 1,150
Interest rate		2.397%
Debt maturity		Mar. 06, 2022
2.709% Notes Due 2025 [Member]
Debt Instrument [Line Items]
Additions to long-term debt		$ 1,750
Interest rate		2.709%
Debt maturity		Mar. 06, 2025
3.567% Notes Due 2045 [Member]
Debt Instrument [Line Items]
Additions to long-term debt		$ 1,000
Interest rate		3.567%
Debt maturity		Mar. 06, 2045
Level 1 [Member]
Debt Instrument [Line Items]
Estimated fair value of total long-term debt, excluding capitalized lease obligations		$ 18,577
Level 2 [Member]
Debt Instrument [Line Items]
Estimated fair value of total long-term debt, excluding capitalized lease obligations		362
Level 3 [Member]
Debt Instrument [Line Items]
Estimated fair value of total long-term debt, excluding capitalized lease obligations		$ 62

XML

Pension And Other Postretirement Benefits (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Pension Benefits - U.S. [Member]
Service cost	$ 199	$ 182	$ 394	$ 359
Interest cost	197	201	393	403
Expected return on plan assets	(207)	(200)	(414)	(400)
Amortization of actuarial loss/(gain) and prior service cost	136	104	274	208
Net pension enhancement and curtailment/settlement cost	117	113	234	225
Net benefit cost	442	400	881	795
Pension Benefits - Non-U.S. [Member]
Service cost	172	154	348	304
Interest cost	212	289	430	574
Expected return on plan assets	(273)	(301)	(551)	(599)
Amortization of actuarial loss/(gain) and prior service cost	208	189	419	381
Net benefit cost	319	331	646	660
Other Postretirement Benefits [Member]
Service cost	48	38	85	75
Interest cost	83	112	173	204
Expected return on plan assets	(7)	(11)	(14)	(20)
Amortization of actuarial loss/(gain) and prior service cost	46	28	91	71
Net benefit cost	$ 170	$ 167	$ 335	$ 330

XML

Disclosures About Segments And Related Information (Details) - USD ($) $ in Millions		3 Months Ended		6 Months Ended
		Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Segment Reporting Information [Line Items]
Earnings after income tax		$ 4,190	$ 8,780	$ 9,130	$ 17,880
Sales and other operating revenue	[1],[2]	71,360	105,719	136,118	207,031
Upstream United States [Member]
Segment Reporting Information [Line Items]
Earnings after income tax		(47)	1,193	(99)	2,437
Sales and other operating revenue	[1]	2,231	3,886	4,356	7,760
Intersegment Revenue		1,224	2,204	2,404	4,267
Upstream Non-U.S. [Member]
Segment Reporting Information [Line Items]
Earnings after income tax		2,078	6,688	4,985	13,227
Sales and other operating revenue	[1]	4,386	6,413	8,508	12,240
Intersegment Revenue		6,086	10,080	10,943	20,861
Downstream United States [Member]
Segment Reporting Information [Line Items]
Earnings after income tax		412	536	979	1,159
Sales and other operating revenue	[1]	20,794	32,431	39,183	62,843
Intersegment Revenue		3,549	4,147	6,625	9,056
Downstream Non-U.S. [Member]
Segment Reporting Information [Line Items]
Earnings after income tax		1,094	175	2,194	365
Sales and other operating revenue	[1]	36,496	53,176	69,658	104,464
Intersegment Revenue		6,527	12,557	11,800	25,399
Chemical United States [Member]
Segment Reporting Information [Line Items]
Earnings after income tax		735	528	1,340	1,207
Sales and other operating revenue	[1]	2,788	3,750	5,580	7,626
Intersegment Revenue		2,134	2,553	3,907	5,187
Chemical Non-U.S. [Member]
Segment Reporting Information [Line Items]
Earnings after income tax		511	313	888	681
Sales and other operating revenue	[1]	4,663	6,052	8,829	12,084
Intersegment Revenue		1,362	2,457	2,683	4,724
All Other [Member]
Segment Reporting Information [Line Items]
Earnings after income tax		(593)	(653)	(1,157)	(1,196)
Sales and other operating revenue	[1]	2	11	4	14
Intersegment Revenue		$ 70	$ 71	$ 138	$ 138

[1] Includes sales-based taxes

[2] Sales-based taxes included in sales and other operating revenue for the three months ended June 30, 2015, and 2014, were $5,965 million and $7,871 million, respectively, and for the six months ended June 30, 2015, and 2014, were $11,495 million and $15,287 million, respectively.

XML

Condensed Consolidated Statement Of Changes In Equity - USD ($) shares in Millions, $ in Millions	Total	Exxon Mobil Share Of Common Stock [Member]	Exxon Mobil Share Of Earnings Reinvested [Member]	Exxon Mobil Share Of Accumulated Other Comprehensive Income [Member]	Exxon Mobil Share Of Common Stock Held In Treasury [Member]	Exxon Mobil Share Of Equity [Member]	Noncontrolling Interests [Member]
Balance at Dec. 31, 2013	$ 180,495	$ 10,077	$ 387,432	$ (10,725)	$ (212,781)	$ 174,003	$ 6,492
Balance (in shares) - issued at Dec. 31, 2013	8,019
Balance (in shares) - in treasury at Dec. 31, 2013	(3,684)
Balance (in shares) - outstanding at Dec. 31, 2013	4,335
Amortization of stock-based awards	$ 402	402				402
Tax benefits related to stock-based awards	7	7				7
Other	1	1				1
Net income for the period	18,487		17,880			17,880	607
Dividends - common shares (company)			(5,698)			(5,698)
Dividends - common shares (NCI)							(131)
Dividends - common shares (total)	(5,829)
Other comprehensive income	1,422			1,414		1,414	8
Acquisitions, at cost (company)					(6,863)	(6,863)
Acquisitions, at cost (total)	$ (6,863)
Acquisitions (in shares)	(70)
Dispositions	$ 9				9	9
Balance at Jun. 30, 2014	$ 188,131	10,487	399,614	(9,311)	(219,635)	181,155	6,976
Balance (in shares) - issued at Jun. 30, 2014	8,019
Balance (in shares) - in treasury at Jun. 30, 2014	(3,754)
Balance (in shares) - outstanding at Jun. 30, 2014	4,265
Balance at Dec. 31, 2014	$ 181,064	10,792	408,384	(18,957)	(225,820)	174,399	6,665
Balance (in shares) - issued at Dec. 31, 2014	8,019
Balance (in shares) - in treasury at Dec. 31, 2014	(3,818)
Balance (in shares) - outstanding at Dec. 31, 2014	4,201
Amortization of stock-based awards	$ 429	429				429
Tax benefits related to stock-based awards	6	6				6
Other	(3)	(3)				(3)
Net income for the period	9,337		9,130			9,130	207
Dividends - common shares (company)			(5,976)			(5,976)
Dividends - common shares (NCI)							(88)
Dividends - common shares (total)	(6,064)
Other comprehensive income	(2,990)			(2,536)		(2,536)	(454)
Acquisitions, at cost (company)					(2,784)	(2,784)
Acquisitions, at cost (total)	$ (2,784)
Acquisitions (in shares)	(32)
Dispositions	$ 3				3	3
Balance at Jun. 30, 2015	$ 178,998	$ 11,224	$ 411,538	$ (21,493)	$ (228,601)	$ 172,668	$ 6,330
Balance (in shares) - issued at Jun. 30, 2015	8,019
Balance (in shares) - in treasury at Jun. 30, 2015	(3,850)
Balance (in shares) - outstanding at Jun. 30, 2015	4,169

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Condensed Consolidated Statement Of Income - USD ($) $ in Millions		3 Months Ended		6 Months Ended
		Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Revenues and other income
Sales and other operating revenue	[1],[2]	$ 71,360	$ 105,719	$ 136,118	$ 207,031
Income from equity affiliates		2,081	3,312	4,342	7,420
Other income		672	2,177	1,271	3,082
Total revenues and other income		74,113	111,208	141,731	217,533
Costs and other deductions
Crude oil and product purchases		37,312	62,210	70,010	120,076
Production and manufacturing expenses		9,235	10,478	17,965	20,566
Selling, general and administrative expenses		2,831	3,169	5,544	6,301
Depreciation and depletion		4,451	4,285	8,751	8,477
Exploration expenses, including dry holes		370	496	681	813
Interest expense		85	64	173	130
Sales-based taxes	[2]	5,965	7,871	11,495	15,287
Other taxes and duties		6,910	8,484	13,523	16,505
Total costs and other deductions		67,159	97,057	128,142	188,155
Income before income taxes		6,954	14,151	13,589	29,378
Income taxes		2,692	5,034	4,252	10,891
Net income including noncontrolling interests		4,262	9,117	9,337	18,487
Net income attributable to noncontrolling interests		72	337	207	607
Net income attributable to ExxonMobil		$ 4,190	$ 8,780	$ 9,130	$ 17,880
Earnings per common share (dollars)	[3]	$ 1	$ 2.05	$ 2.17	$ 4.15
Earnings per common share - assuming dilution (dollars)		1	2.05	2.17	4.15
Dividends per common share (dollars)		$ 0.73	$ 0.69	$ 1.42	$ 1.32

[1] Includes sales-based taxes

[2] Sales-based taxes included in sales and other operating revenue for the three months ended June 30, 2015, and 2014, were $5,965 million and $7,871 million, respectively, and for the six months ended June 30, 2015, and 2014, were $11,495 million and $15,287 million, respectively.

[3] The calculation of earnings per common share and earnings per common share - assuming dilution are the same in each period.

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Condensed Consolidated Balance Sheet (Parenthetical) - $ / shares shares in Millions, None in scaling factor is -9223372036854775296	Jun. 30, 2015	Dec. 31, 2014
Condensed Consolidated Balance Sheet [Abstract]
Common stock, without par value
Common stock, shares authorized	9,000	9,000
Common stock, shares issued	8,019	8,019
Common stock held in treasury, shares	3,850	3,818

XML

Litigation And Other Contingencies (Narrative) (Details) - USD ($)	Oct. 09, 2014	Oct. 24, 2011	Jun. 27, 2007	May. 01, 2007
Production Sharing Contract (PSC) [Member]
Litigation And Other Contingencies [Line Items]
Percent interest in Erha block PSC		56.25%
Pending Or Threatened Litigation [Member]
Litigation And Other Contingencies [Line Items]
Amount of award relating to excess lifting of crude oil		$ 1,800,000,000
Accrued interest relating to award for excess lifting of crude oil		$ 234,000,000
Expropriation Of Assets [Member] | Mobil Cerro Negro, Ltd. (MCN) [Member]
Litigation And Other Contingencies [Line Items]
Percentage ownership interest in Cerro Negro Project			41.67%	41.67%
Final award related to Cerro Negro Project arbitration	$ 1,600,000,000
Interest rate on award for Cerro Negro Project	3.25%
Earlier Cerro Negro award for breach of contractual obligations	$ 908,000,000

XML

Other Comprehensive Income Information (Schedule Of Accumulated Other Comprehensive Income Information) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Current period change excluding amounts reclassified from accumulated other comprehensive income, Cumulative Foreign Exchange Translation Adjustment	$ 997	$ 1,628	$ (4,356)	$ 842
Amounts reclassified from accumulated other comprehensive income, Cumulative Foreign Exchange Translation Adjustment		81		163
Current period change excluding amounts reclassified from accumulated other comprehensive income, Postretirement Benefits Reserves Adjustment	(186)	(92)	627	(176)
Amounts reclassified from accumulated other comprehensive income, Postretirement Benefits Reserves Adjustment	357	313	708	629
Current period change excluding amounts reclassified from accumulated other comprehensive income, Unrealized Change in Stock Investments	17	18	19	(36)
Amounts reclassified from accumulated other comprehensive income, Unrealized Change in Stock Investments	4		12
Beginning Balance, Total			(18,957)
Total other comprehensive income	1,189	1,948	(2,990)	1,422
Ending Balance, Total	(21,493)		(21,493)
Exxon Mobil Corporation Share After Noncontrolling Interest [Member]
Beginning Balance, Cumulative Foreign Exchange Translation Adjustment			(5,952)	(846)
Current period change excluding amounts reclassified from accumulated other comprehensive income, Cumulative Foreign Exchange Translation Adjustment			(3,873)	849
Amounts reclassified from accumulated other comprehensive income, Cumulative Foreign Exchange Translation Adjustment				163
Total change in accumulated other comprehensive income, Cumulative Foreign Exchange Translation Adjustment			(3,873)	1,012
Ending Balance, Cumulative Foreign Exchange Translation Adjustment	(9,825)	166	(9,825)	166
Beginning Balance, Postretirement Benefits Reserves Adjustment			(12,945)	(9,879)
Current period change excluding amounts reclassified from accumulated other comprehensive income, Postretirement Benefits Reserves Adjustment			620	(168)
Amounts reclassified from accumulated other comprehensive income, Postretirement Benefits Reserves Adjustment			686	606
Total change in accumulated other comprehensive income, Postretirement Benefits Reserves Adjustment			1,306	438
Ending Balance, Postretirement Benefits Reserves Adjustment	(11,639)	(9,441)	(11,639)	(9,441)
Beginning Balance, Unrealized Change in Stock Investments			(60)
Current period change excluding amounts reclassified from accumulated other comprehensive income, Unrealized Change in Stock Investments			19	(36)
Amounts reclassified from accumulated other comprehensive income, Unrealized Change in Stock Investments			12
Total change in accumulated other comprehensive income, Unrealized Change in Stock Investments			31	(36)
Ending Balance, Unrealized Change in Stock Investments	(29)	(36)	(29)	(36)
Beginning Balance, Total			(18,957)	(10,725)
Current period change excluding amounts reclassified from accumulated other comprehensive income, Total			(3,234)	645
Amounts reclassified from accumulated other comprehensive income, Total			698	769
Total other comprehensive income			(2,536)	1,414
Ending Balance, Total	$ (21,493)	$ (9,311)	$ (21,493)	$ (9,311)

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Condensed Consolidated Statement Of Cash Flows - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Cash flows from operating activities
Net income including noncontrolling interests	$ 9,337	$ 18,487
Depreciation and depletion	8,751	8,477
Changes in operational working capital, excluding cash and debt	(1,533)	3
All other items - net	235	(1,662)
Net cash provided by operating activities	16,790	25,305
Cash flows from investing activities
Additions to property, plant and equipment	(13,953)	(15,870)
Proceeds associated with sales of subsidiaries, property, plant and equipment, and sales and returns of investments	1,113	3,667
Additional investments and advances	(363)	(678)
Other investing activities - net	360	2,398
Net cash used in investing activities	(12,843)	(10,483)
Cash flows from financing activities
Additions to long-term debt	8,000	5,500
Reductions in long-term debt	(13)
Additions/(reductions) in short-term debt - net	(414)	(489)
Additions/(reductions) in debt with three months or less maturity	(2,773)	(5,747)
Cash dividends to ExxonMobil shareholders	(5,976)	(5,698)
Cash dividends to noncontrolling interests	(88)	(131)
Tax benefits related to stock-based awards		7
Common stock acquired	(2,784)	(6,863)
Common stock sold		9
Net cash used in financing activities	(4,048)	(13,412)
Effects of exchange rate changes on cash	(172)	29
Increase/(decrease) in cash and cash equivalents	(273)	1,439
Cash and cash equivalents at beginning of period	4,616	4,644
Cash and cash equivalents at end of period	4,343	6,083
Supplemental Disclosures
Income taxes paid	4,072	10,366
Cash interest paid	$ 263	$ 174

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Condensed Consolidated Statement Of Income (Parenthetical) - USD ($) $ in Millions		3 Months Ended		6 Months Ended
		Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Condensed Consolidated Statement Of Income [Abstract]
Sales-based taxes included in sales and other operating revenue	[1]	$ 5,965	$ 7,871	$ 11,495	$ 15,287

[1] Sales-based taxes included in sales and other operating revenue for the three months ended June 30, 2015, and 2014, were $5,965 million and $7,871 million, respectively, and for the six months ended June 30, 2015, and 2014, were $11,495 million and $15,287 million, respectively.

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Litigation And Other Contingencies (Tables)

6 Months Ended

Jun. 30, 2015

Litigation And Other Contingencies [Abstract]

Schedule Of Guarantees

			As of June 30, 2015
			Equity	Other
			Company	Third Party
			Obligations (1)	Obligations	Total
			(millions of dollars)
Guarantees
	Debt-related		86	38	124
	Other		3,015	4,151	7,166
		Total	3,101	4,189	7,290
(1) ExxonMobil share

XML

Document And Entity Information - Jun. 30, 2015 - shares	Total
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2015
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	Q2
Trading Symbol	XOM
Entity Registrant Name	EXXON MOBIL CORP
Entity Central Index Key	0000034088
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding	4,169,448,719

XML

Other Comprehensive Income Information (Tables)

6 Months Ended

Jun. 30, 2015

Other Comprehensive Income Information [Abstract]

Schedule Of Accumulated Other Comprehensive Income Information

			Cumulative	Post-
			Foreign	retirement	Unrealized
			Exchange	Benefits	Change in
ExxonMobil Share of Accumulated Other			Translation	Reserves	Stock
Comprehensive Income			Adjustment	Adjustment	Investments	Total
		(millions of dollars)
Balance as of December 31, 2013			(846)	(9,879)	-	(10,725)
Current period change excluding amounts reclassified
	from accumulated other comprehensive income		849	(168)	(36)	645
Amounts reclassified from accumulated other
	comprehensive income		163	606	-	769
Total change in accumulated other comprehensive income			1,012	438	(36)	1,414
Balance as of June 30, 2014			166	(9,441)	(36)	(9,311)
Balance as of December 31, 2014			(5,952)	(12,945)	(60)	(18,957)
Current period change excluding amounts reclassified
	from accumulated other comprehensive income		(3,873)	620	19	(3,234)
Amounts reclassified from accumulated other
	comprehensive income		-	686	12	698
Total change in accumulated other comprehensive income			(3,873)	1,306	31	(2,536)
Balance as of June 30, 2015			(9,825)	(11,639)	(29)	(21,493)

Reclassification Out Of Accumulated Other Comprehensive Income

				Three Months Ended		Six Months Ended
Amounts Reclassified Out of Accumulated Other				June 30,		June 30,
Comprehensive Income - Before-tax Income/(Expense)				2015	2014	2015	2014
			(millions of dollars)
Foreign exchange translation gain/(loss) included in net income
	(Statement of Income line: Other income)			-	(81)	-	(163)
Amortization and settlement of postretirement benefits reserves
	adjustment included in net periodic benefit costs(1)			(507)	(434)	(1,018)	(885)
Realized change in fair value of stock investments included in
		net income (Statement of Income line: Other income)		(6)	-	(18)	-

(1)These accumulated other comprehensive income components are included in the computation of net periodic pension cost. (See Note 6 – Pension and Other Postretirement Benefits for additional details.)

Schedule Of Income Tax (Expense)/Credit For Components Of Other Comprehensive Income

			Three Months Ended		Six Months Ended
Income Tax (Expense)/Credit For			June 30,		June 30,
Components of Other Comprehensive Income			2015	2014	2015	2014
		(millions of dollars)
Foreign exchange translation adjustment			(25)	61	65	29
Postretirement benefits reserves adjustment
	(excluding amortization)		75	27	(302)	77
Amortization and settlement of postretirement benefits reserves
	adjustment included in net periodic benefit costs		(150)	(121)	(310)	(256)
Unrealized change in fair value of stock investments			(10)	(10)	(11)	19
Realized change in fair value of stock investments
	included in net income		(2)	-	(6)	-
Total			(112)	(43)	(564)	(131)

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Condensed Consolidated Statement Of Comprehensive Income - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Condensed Consolidated Statement Of Comprehensive Income [Abstract]
Net income including noncontrolling interests	$ 4,262	$ 9,117	$ 9,337	$ 18,487
Other comprehensive income (net of income taxes)
Foreign exchange translation adjustment	997	1,628	(4,356)	842
Adjustment for foreign exchange translation (gain)/loss included in net income		81		163
Postretirement benefits reserves adjustment (excluding amortization)	(186)	(92)	627	(176)
Amortization and settlement of postretirement benefits reserves adjustment included in net periodic benefit costs	357	313	708	629
Unrealized change in fair value of stock investments	17	18	19	(36)
Realized (gain)/loss from stock investments included in net income	4		12
Total other comprehensive income	1,189	1,948	(2,990)	1,422
Comprehensive income including noncontrolling interests	5,451	11,065	6,347	19,909
Comprehensive income attributable to noncontrolling interests	159	556	(247)	615
Comprehensive income attributable to ExxonMobil	$ 5,292	$ 10,509	$ 6,594	$ 19,294

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Other Comprehensive Income Information

6 Months Ended

Jun. 30, 2015

Other Comprehensive Income Information [Abstract]

Other Comprehensive Income Information

4.Other Comprehensive Income Information

			Cumulative	Post-
			Foreign	retirement	Unrealized
			Exchange	Benefits	Change in
ExxonMobil Share of Accumulated Other			Translation	Reserves	Stock
Comprehensive Income			Adjustment	Adjustment	Investments	Total
		(millions of dollars)
Balance as of December 31, 2013			(846)	(9,879)	-	(10,725)
Current period change excluding amounts reclassified
	from accumulated other comprehensive income		849	(168)	(36)	645
Amounts reclassified from accumulated other
	comprehensive income		163	606	-	769
Total change in accumulated other comprehensive income			1,012	438	(36)	1,414
Balance as of June 30, 2014			166	(9,441)	(36)	(9,311)
Balance as of December 31, 2014			(5,952)	(12,945)	(60)	(18,957)
Current period change excluding amounts reclassified
	from accumulated other comprehensive income		(3,873)	620	19	(3,234)
Amounts reclassified from accumulated other
	comprehensive income		-	686	12	698
Total change in accumulated other comprehensive income			(3,873)	1,306	31	(2,536)
Balance as of June 30, 2015			(9,825)	(11,639)	(29)	(21,493)

				Three Months Ended		Six Months Ended
Amounts Reclassified Out of Accumulated Other				June 30,		June 30,
Comprehensive Income - Before-tax Income/(Expense)				2015	2014	2015	2014
			(millions of dollars)
Foreign exchange translation gain/(loss) included in net income
	(Statement of Income line: Other income)			-	(81)	-	(163)
Amortization and settlement of postretirement benefits reserves
	adjustment included in net periodic benefit costs(1)			(507)	(434)	(1,018)	(885)
Realized change in fair value of stock investments included in
		net income (Statement of Income line: Other income)		(6)	-	(18)	-

(1)These accumulated other comprehensive income components are included in the computation of net periodic pension cost. (See Note 6 – Pension and Other Postretirement Benefits for additional details.)

			Three Months Ended		Six Months Ended
Income Tax (Expense)/Credit For			June 30,		June 30,
Components of Other Comprehensive Income			2015	2014	2015	2014
		(millions of dollars)
Foreign exchange translation adjustment			(25)	61	65	29
Postretirement benefits reserves adjustment
	(excluding amortization)		75	27	(302)	77
Amortization and settlement of postretirement benefits reserves
	adjustment included in net periodic benefit costs		(150)	(121)	(310)	(256)
Unrealized change in fair value of stock investments			(10)	(10)	(11)	19
Realized change in fair value of stock investments
	included in net income		(2)	-	(6)	-
Total			(112)	(43)	(564)	(131)

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Litigation And Other Contingencies

6 Months Ended

Jun. 30, 2015

Litigation And Other Contingencies [Abstract]

Litigation And Other Contingencies

3.Litigation and Other Contingencies

Litigation

A variety of claims have been made against ExxonMobil and certain of its consolidated subsidiaries in a number of pending lawsuits. Management has regular litigation reviews, including updates from corporate and outside counsel, to assess the need for accounting recognition or disclosure of these contingencies. The Corporation accrues an undiscounted liability for those contingencies where the incurrence of a loss is probable and the amount can be reasonably estimated. If a range of amounts can be reasonably estimated and no amount within the range is a better estimate than any other amount, then the minimum of the range is accrued. The Corporation does not record liabilities when the likelihood that the liability has been incurred is probable but the amount cannot be reasonably estimated or when the liability is believed to be only reasonably possible or remote. For contingencies where an unfavorable outcome is reasonably possible and which are significant, the Corporation discloses the nature of the contingency and, where feasible, an estimate of the possible loss. For purposes of our contingency disclosures, “significant” includes material matters as well as other matters which management believes should be disclosed. ExxonMobil will continue to defend itself vigorously in these matters. Based on a consideration of all relevant facts and circumstances, the Corporation does not believe the ultimate outcome of any currently pending lawsuit against ExxonMobil will have a material adverse effect upon the Corporation's operations, financial condition, or financial statements taken as a whole.

Other Contingencies

The Corporation and certain of its consolidated subsidiaries were contingently liable at June 30,2015, for guarantees relating to notes, loans and performance under contracts. Where guarantees for environmental remediation and other similar matters do not include a stated cap, the amounts reflect management’s estimate of the maximum potential exposure. These guarantees are not reasonably likely to have a material effect on the Corporation’s financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources.

			As of June 30, 2015
			Equity	Other
			Company	Third Party
			Obligations (1)	Obligations	Total
			(millions of dollars)
Guarantees
	Debt-related		86	38	124
	Other		3,015	4,151	7,166
		Total	3,101	4,189	7,290
(1) ExxonMobil share

Additionally, the Corporation and its affiliates have numerous long-term sales and purchase commitments in their various business activities, all of which are expected to be fulfilled with no adverse consequences material to the Corporation’s operations or financial condition. The Corporation's outstanding unconditional purchase obligations at June 30,2015, were similar to those at the prior year-end period. Unconditional purchase obligations as defined by accounting standards are those long-term commitments that are noncancelable or cancelable only under certain conditions, and that third parties have used to secure financing for the facilities that will provide the contracted goods or services.

The operations and earnings of the Corporation and its affiliates throughout the world have been, and may in the future be, affected from time to time in varying degree by political developments and laws and regulations, such as forced divestiture of assets; restrictions on production, imports and exports; price controls; tax increases and retroactive tax claims; expropriation of property; cancellation of contract rights and environmental regulations. Both the likelihood of such occurrences and their overall effect upon the Corporation vary greatly from country to country and are not predictable.

In accordance with a nationalization decree issued by Venezuela’s president in February 2007, by May 1, 2007, a subsidiary of the Venezuelan National Oil Company (PdVSA) assumed the operatorship of the Cerro Negro Heavy Oil Project. This Project had been operated and owned by ExxonMobil affiliates holding a 41.67 percent ownership interest in the Project. The decree also required conversion of the Cerro Negro Project into a “mixed enterprise” and an increase in PdVSA’s or one of its affiliate’s ownership interest in the Project, with the stipulation that if ExxonMobil refused to accept the terms for the formation of the mixed enterprise within a specified period of time, the government would “directly assume the activities” carried out by the joint venture. ExxonMobil refused to accede to the terms proffered by the government, and on June 27, 2007, the government expropriated ExxonMobil’s 41.67 percent interest in the Cerro Negro Project.

On September 6, 2007, affiliates of ExxonMobil filed a Request for Arbitration with the International Centre for Settlement of Investment Disputes (ICSID). The ICSID Tribunal issued a decision on June 10, 2010, finding that it had jurisdiction to proceed on the basis of the Netherlands-Venezuela Bilateral Investment Treaty. On October 9, 2014, the ICSID Tribunal issued its final award finding in favor of the ExxonMobil affiliates and awarding $1.6 billion as of the date of expropriation, June 27, 2007, and interest from that date at 3.25% compounded annually until the date of payment in full. The Tribunal also noted that one of the Cerro Negro Project agreements provides a mechanism to prevent double recovery between the ICSID award and all or part of an earlier award of $908 million to an ExxonMobil affiliate, Mobil Cerro Negro, Ltd., against PdVSA and a PdVSA affiliate, PdVSA CN, in an arbitration under the rules of the International Chamber of Commerce (ICC).

On June 12, 2015, the Tribunal rejected in its entirety Venezuela’s October 23, 2014, application to revise the ICSID award. The Tribunal also lifted the associated stay of enforcement that had been entered upon the filing of the application to revise.

Still pending is Venezuela’s February 2, 2015, application to ICSID seeking annulment of the ICSID award. That application alleges that, in issuing the ICSID award, the Tribunal exceeded its powers, failed to state reasons on which the ICSID award was based, and departed from a fundamental rule of procedure. A separate stay of the ICSID award was entered following the filing of the annulment application. On July 7, 2015, the ICSID Committee considering the annulment application heard arguments from the parties on whether to lift the stay of the award associated with that application. On July 28, 2015, the Committee issued an order that would lift the stay of enforcement unless, within 30 days, Venezuela delivers a commitment to pay the award if the application to annul is denied. In that event, the ICSID Committee would require, as a condition to the lifting of the stay, that the ExxonMobil affiliates give a commitment within 15 days that any attempt to enforce the ICSID award will take full account of the requirement in the award to avoiddouble recovery of amounts received under the ICC award.

The United States District Court for the Southern District of New York entered judgment on the ICSID award on October 10, 2014. Motions filed by Venezuela to vacate that judgment on procedural grounds and to modify the judgment by reducing the rate of interest to be paid on the ICSID award from the entry of the court’s judgment, until the date of payment, were denied on February 13, 2015, and March 4, 2015, respectively. On March 9, 2015, Venezuela filed a notice of appeal of the court’s actions on the two motions.

The District Court’s judgment on the ICSID award is currently stayed until such time as ICSID’s stay of the award entered following Venezuela’s filing of its application to annul has been lifted. The net impact of these matters on the Corporation’s consolidated financial results cannot be reasonably estimated. Regardless, the Corporation does not expect the resolution to have a material effect upon the Corporation’s operations or financial condition.

An affiliate of ExxonMobil is one of the Contractors under a Production Sharing Contract (PSC) with the Nigerian National Petroleum Corporation (NNPC) covering the Erha block located in the offshore waters of Nigeria. ExxonMobil's affiliate is the operator of the block and owns a 56.25 percent interest under the PSC. The Contractors are in dispute with NNPC regarding NNPC's lifting of crude oil in excess of its entitlement under the terms of the PSC. In accordance with the terms of the PSC, the Contractors initiated arbitration in Abuja, Nigeria, under the Nigerian Arbitration and Conciliation Act. On October 24, 2011, a three-member arbitral Tribunal issued an award upholding the Contractors' position in all material respects and awarding damages to the Contractors jointly in an amount of approximately $1.8 billion plus $234 million in accrued interest. The Contractors petitioned a Nigerian federal court for enforcement of the award, and NNPC petitioned the same court to have the award set aside. On May 22, 2012, the court set aside the award. The Contractors have appealed that judgment. In June 2013, the Contractors filed a lawsuit against NNPC in the Nigerian federal high court in order to preserve their ability to seek enforcement of the PSC in the courts if necessary. In October 2014, the Contractors filed suit in the United States District Court for the Southern District of New York to enforce, if necessary, the arbitration award against NNPC assets residing within that jurisdiction. At this time, the net impact of this matter on the Corporation's consolidated financial results cannot be reasonably estimated. However, regardless of the outcome of enforcement proceedings, the Corporation does not expect the proceedings to have a material effect upon the Corporation's operations or financial condition.

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Litigation And Other Contingencies (Schedule Of Guarantees) (Details) $ in Millions		Jun. 30, 2015 USD ($)
Litigation And Other Contingencies [Line Items]
Guarantees		$ 7,290
Equity Company Obligations [Member]
Litigation And Other Contingencies [Line Items]
Guarantees	[1]	3,101
Other Third Party Obligations [Member]
Litigation And Other Contingencies [Line Items]
Guarantees		4,189
Debt Related Guarantees [Member]
Litigation And Other Contingencies [Line Items]
Guarantees		124
Debt Related Guarantees [Member] | Equity Company Obligations [Member]
Litigation And Other Contingencies [Line Items]
Guarantees	[1]	86
Debt Related Guarantees [Member] | Other Third Party Obligations [Member]
Litigation And Other Contingencies [Line Items]
Guarantees		38
Other Guarantees [Member]
Litigation And Other Contingencies [Line Items]
Guarantees		7,166
Other Guarantees [Member] | Equity Company Obligations [Member]
Litigation And Other Contingencies [Line Items]
Guarantees	[1]	3,015
Other Guarantees [Member] | Other Third Party Obligations [Member]
Litigation And Other Contingencies [Line Items]
Guarantees		$ 4,151

[1] ExxonMobil share

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Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2015

Earnings Per Share [Abstract]

Earnings Per Share Computation

		Three Months Ended		Six Months Ended
		June 30,		June 30,
		2015	2014	2015	2014
Earnings per common share
Net income attributable to ExxonMobil (millions of dollars)		4,190	8,780	9,130	17,880
Weighted average number of common shares
	outstanding (millions of shares)	4,200	4,297	4,205	4,312
Earnings per common share (dollars) (1)		1.00	2.05	2.17	4.15

(1) The calculation of earnings per common share and earnings per common share – assuming dilution are the same in each period shown.

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Financial Instruments

6 Months Ended

Jun. 30, 2015

Financial Instruments [Abstract]

Financial Instruments

7. Financial Instruments

The fair value of financial instruments is determined by reference to observable market data and other valuation techniques as appropriate. The only category of financial instruments where the difference between fair value and recorded book value is notable is long-term debt. The estimated fair value of total long-term debt, excluding capitalized lease obligations, was $19,001 million at June 30,2015, and $11,660 million at December 31, 2014, as compared to recorded book values of $18,857 million at June 30,2015, and $11,278 million at December 31, 2014. The increase in the estimated fair value and book value of long-term debt reflects the Corporation’s issuance of $8.0 billion of long-term debt in the first quarter of 2015. The $8.0 billion of long-term debt is comprised of $500 million of floating-rate notes due in 2018, $500 million of floating-rate notes due in 2022, $1,600 million of 1.305% notes due in 2018, $1,500 million of 1.912% notes due in 2020, $1,150 million of 2.397% notes due in 2022, $1,750 million of 2.709% notes due in 2025, and $1,000 million of 3.567% notes due in 2045.

The fair value of long-term debt by hierarchy level at June 30,2015, is: Level 1 $18,577 million; Level 2 $362 million; and Level 3 $62 million. Level 1 represents quoted prices in active markets. Level 2 includes debt whose fair value is based upon a publicly available index. Level 3 involves using internal data augmented by relevant market indicators if available.

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Earnings Per Share

6 Months Ended

Jun. 30, 2015

Earnings Per Share [Abstract]

Earnings Per Share

5.Earnings Per Share

		Three Months Ended		Six Months Ended
		June 30,		June 30,
		2015	2014	2015	2014
Earnings per common share
Net income attributable to ExxonMobil (millions of dollars)		4,190	8,780	9,130	17,880
Weighted average number of common shares
	outstanding (millions of shares)	4,200	4,297	4,205	4,312
Earnings per common share (dollars) (1)		1.00	2.05	2.17	4.15

(1) The calculation of earnings per common share and earnings per common share – assuming dilution are the same in each period shown.

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Pension And Other Postretirement Benefits

6 Months Ended

Jun. 30, 2015

Pension And Other Postretirement Benefits [Abstract]

Pension And Other Postretirement Benefits

6.Pension and Other Postretirement Benefits

					Three Months Ended		Six Months Ended
					June 30,		June 30,
					2015	2014	2015	2014
				(millions of dollars)
Components of net benefit cost
	Pension Benefits - U.S.
		Service cost			199	182	394	359
		Interest cost			197	201	393	403
		Expected return on plan assets			(207)	(200)	(414)	(400)
		Amortization of actuarial loss/(gain) and prior
			service cost		136	104	274	208
		Net pension enhancement and
			curtailment/settlement cost		117	113	234	225
		Net benefit cost			442	400	881	795
	Pension Benefits - Non-U.S.
		Service cost			172	154	348	304
		Interest cost			212	289	430	574
		Expected return on plan assets			(273)	(301)	(551)	(599)
		Amortization of actuarial loss/(gain) and prior
			service cost		208	189	419	381
		Net benefit cost			319	331	646	660
	Other Postretirement Benefits
		Service cost			48	38	85	75
		Interest cost			83	112	173	204
		Expected return on plan assets			(7)	(11)	(14)	(20)
		Amortization of actuarial loss/(gain) and prior
			service cost		46	28	91	71
		Net benefit cost			170	167	335	330

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Disclosures About Segments And Related Information

6 Months Ended

Jun. 30, 2015

Disclosures About Segments And Related Information [Abstract]

Disclosures About Segments And Related Information

8. Disclosures about Segments and Related Information

				Three Months Ended		Six Months Ended
				June 30,		June 30,
				2015	2014	2015	2014
Earnings After Income Tax			(millions of dollars)
	Upstream
		United States		(47)	1,193	(99)	2,437
		Non-U.S.		2,078	6,688	4,985	13,227
	Downstream
		United States		412	536	979	1,159
		Non-U.S.		1,094	175	2,194	365
	Chemical
		United States		735	528	1,340	1,207
		Non-U.S.		511	313	888	681
	All other			(593)	(653)	(1,157)	(1,196)
	Corporate total			4,190	8,780	9,130	17,880
Sales and Other Operating Revenue (1)
	Upstream
		United States		2,231	3,886	4,356	7,760
		Non-U.S.		4,386	6,413	8,508	12,240
	Downstream
		United States		20,794	32,431	39,183	62,843
		Non-U.S.		36,496	53,176	69,658	104,464
	Chemical
		United States		2,788	3,750	5,580	7,626
		Non-U.S.		4,663	6,052	8,829	12,084
	All other			2	11	4	14
	Corporate total			71,360	105,719	136,118	207,031
(1)	Includes sales-based taxes
Intersegment Revenue
	Upstream
		United States		1,224	2,204	2,404	4,267
		Non-U.S.		6,086	10,080	10,943	20,861
	Downstream
		United States		3,549	4,147	6,625	9,056
		Non-U.S.		6,527	12,557	11,800	25,399
	Chemical
		United States		2,134	2,553	3,907	5,187
		Non-U.S.		1,362	2,457	2,683	4,724
	All other			70	71	138	138

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Disclosures About Segments And Related Information (Tables)

6 Months Ended

Jun. 30, 2015

Disclosures About Segments And Related Information [Abstract]

Disclosures About Segments And Related Information

				Three Months Ended		Six Months Ended
				June 30,		June 30,
				2015	2014	2015	2014
Earnings After Income Tax			(millions of dollars)
	Upstream
		United States		(47)	1,193	(99)	2,437
		Non-U.S.		2,078	6,688	4,985	13,227
	Downstream
		United States		412	536	979	1,159
		Non-U.S.		1,094	175	2,194	365
	Chemical
		United States		735	528	1,340	1,207
		Non-U.S.		511	313	888	681
	All other			(593)	(653)	(1,157)	(1,196)
	Corporate total			4,190	8,780	9,130	17,880
Sales and Other Operating Revenue (1)
	Upstream
		United States		2,231	3,886	4,356	7,760
		Non-U.S.		4,386	6,413	8,508	12,240
	Downstream
		United States		20,794	32,431	39,183	62,843
		Non-U.S.		36,496	53,176	69,658	104,464
	Chemical
		United States		2,788	3,750	5,580	7,626
		Non-U.S.		4,663	6,052	8,829	12,084
	All other			2	11	4	14
	Corporate total			71,360	105,719	136,118	207,031
(1)	Includes sales-based taxes
Intersegment Revenue
	Upstream
		United States		1,224	2,204	2,404	4,267
		Non-U.S.		6,086	10,080	10,943	20,861
	Downstream
		United States		3,549	4,147	6,625	9,056
		Non-U.S.		6,527	12,557	11,800	25,399
	Chemical
		United States		2,134	2,553	3,907	5,187
		Non-U.S.		1,362	2,457	2,683	4,724
	All other			70	71	138	138

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Other Comprehensive Income Information (Schedule Of Income Tax (Expense)/Credit For Components Of Other Comprehensive Income) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Other Comprehensive Income Information [Abstract]
Foreign exchange translation adjustment	$ (25)	$ 61	$ 65	$ 29
Postretirement benefits reserves adjustment (excluding amortization)	75	27	(302)	77
Amortization and settlement of postretirement benefits reserves adjustment included in net periodic benefit costs	(150)	(121)	(310)	(256)
Unrealized change in fair value of stock investments	(10)	(10)	(11)	19
Realized change in fair value of stock investments included in net income	(2)		(6)
Total	$ (112)	$ (43)	$ (564)	$ (131)

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Condensed Consolidated Balance Sheet - USD ($) $ in Millions	Jun. 30, 2015	Dec. 31, 2014
Current assets
Cash and cash equivalents	$ 4,343	$ 4,616
Cash and cash equivalents - restricted	35	42
Notes and accounts receivable - net	25,957	28,009
Inventories
Crude oil, products and merchandise	12,299	12,384
Materials and supplies	4,364	4,294
Other current assets	4,649	3,565
Total current assets	51,647	52,910
Investments, advances and long-term receivables	34,162	35,239
Property, plant and equipment - net	253,653	252,668
Other assets, including intangibles - net	8,798	8,676
Total assets	348,260	349,493
Current liabilities
Notes and loans payable	14,409	17,468
Accounts payable and accrued liabilities	39,914	42,227
Income taxes payable	4,049	4,938
Total current liabilities	58,372	64,633
Long-term debt	19,431	11,653
Postretirement benefits reserves	25,039	25,802
Deferred income tax liabilities	39,419	39,230
Long-term obligations to equity companies	5,487	5,325
Other long-term obligations	21,514	21,786
Total liabilities	$ 169,262	$ 168,429
Commitments and contingencies (Note 3)
Equity
Common stock without par value (9,000 million shares authorized, 8,019 million shares issued)	$ 11,224	$ 10,792
Earnings reinvested	411,538	408,384
Accumulated other comprehensive income	(21,493)	(18,957)
Common stock held in treasury (3,850 million shares at Jun. 30, 2015 and 3,818 million shares at Dec. 31, 2014)	(228,601)	(225,820)
ExxonMobil share of equity	172,668	174,399
Noncontrolling interests	6,330	6,665
Total equity	178,998	181,064
Total liabilities and equity	$ 348,260	$ 349,493

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Recently Issued Accounting Standard

6 Months Ended

Jun. 30, 2015

New Accounting Pronouncements And Changes In Accounting Principles [Abstract]

Recently Issued Accounting Standard

2. Recently Issued Accounting Standard

In May 2014, the Financial Accounting Standards Board issued a new standard, Revenue from Contracts with Customers. The standard establishes a single revenue recognition model for all contracts with customers, eliminates industry specific requirements, and expands disclosure requirements. The standard is expected to be adopted beginning January 1, 2018. ExxonMobil is evaluating the standard and its effect on the Corporation’s financial statements. 

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Earnings Per Share (Earnings Per Share Computation) (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions		3 Months Ended		6 Months Ended
		Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Earnings per common share
Net income attributable to ExxonMobil		$ 4,190	$ 8,780	$ 9,130	$ 17,880
Weighted average number of common shares outstanding		4,200	4,297	4,205	4,312
Earnings per common share (dollars)	[1]	$ 1	$ 2.05	$ 2.17	$ 4.15

[1] The calculation of earnings per common share and earnings per common share - assuming dilution are the same in each period.

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Pension And Other Postretirement Benefits (Tables)

6 Months Ended

Jun. 30, 2015

Pension And Other Postretirement Benefits [Abstract]

Pension And Other Postretirement Benefits

					Three Months Ended		Six Months Ended
					June 30,		June 30,
					2015	2014	2015	2014
				(millions of dollars)
Components of net benefit cost
	Pension Benefits - U.S.
		Service cost			199	182	394	359
		Interest cost			197	201	393	403
		Expected return on plan assets			(207)	(200)	(414)	(400)
		Amortization of actuarial loss/(gain) and prior
			service cost		136	104	274	208
		Net pension enhancement and
			curtailment/settlement cost		117	113	234	225
		Net benefit cost			442	400	881	795
	Pension Benefits - Non-U.S.
		Service cost			172	154	348	304
		Interest cost			212	289	430	574
		Expected return on plan assets			(273)	(301)	(551)	(599)
		Amortization of actuarial loss/(gain) and prior
			service cost		208	189	419	381
		Net benefit cost			319	331	646	660
	Other Postretirement Benefits
		Service cost			48	38	85	75
		Interest cost			83	112	173	204
		Expected return on plan assets			(7)	(11)	(14)	(20)
		Amortization of actuarial loss/(gain) and prior
			service cost		46	28	91	71
		Net benefit cost			170	167	335	330