View Filing Data

2,244

1,583

4,781

3,053

549

707

1,226

1,137

92,486

74,457

182,737

138,485

COSTS AND OTHER DEDUCTIONS

48,469

36,903

95,254

64,697

8,376

8,029

16,811

16,008

3,607

3,519

7,121

6,967

3,366

3,004

6,646

5,797

407

490

1,093

841

343

450

^[1]

6,946

6,216

13,761

12,122

8,569

8,436

17,182

16,236

79,780

66,940

157,963

123,118

12,706

7,517

24,774

15,367

4,960

3,571

10,453

6,719

Net income/(loss) attributable to noncontrolling interests

7,746

3,946

14,321

8,648

186

(4)

461

148

Earnings per common share (dollars)

$ 7,560

$ 3,950

$ 13,860

$ 8,500

$ 1.61

$ 0.82

$ 2.94

$ 1.74

Earnings per common share - assuming dilution (dollars)

1.6

0.81

2.93

1.73

Dividends per common share (dollars)

$ 0.44

$ 0.42

$ 0.86

$ 0.82

[1]	Sales-based taxes included in sales and other operating revenue for the three months ended June 30, 2010, and 2009, were $6,946 million and $6,216 million, respectively, and for the six months ended June 30, 2010, and 2009, were $13,761 million and $12,122 million, respectively.

CONDENSED CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions	6 Months Ended	12 Months Ended
	Jun. 30, 2010	Dec. 31, 2009
Current assets
Cash and cash equivalents	$ 13,252	$ 10,693
Marketable securities	15	169
Notes and accounts receivable - net	29,206	27,645
Inventories
Crude oil, products and merchandise	10,439	8,718
Materials and supplies	3,000	2,835
Other current assets	6,304	5,175
Total current assets	62,216	55,235
Investments, advances and long-term receivables	32,642	31,665
Property, plant and equipment - net	188,069	139,116
Other assets, including intangibles, net	8,141	7,307
Total assets	291,068	233,323
Current liabilities
Notes and loans payable	2,946	2,476
Accounts payable and accrued liabilities	45,454	41,275
Income taxes payable	9,421	8,310
Total current liabilities	57,821	52,061
Long-term debt	17,486	7,129
Postretirement benefits reserves	17,143	17,942
Deferred income tax liabilities	34,283	23,148
Other long-term obligations	18,968	17,651
Total liabilities	$ 145,701	$ 117,931
Commitments and contingencies (note 3)
Equity
Common stock, without par value: Authorized: 9,000 million shares Issued: 8,019 million shares	$ 9,002	$ 5,503
Earnings reinvested	286,745	276,937
Accumulated other comprehensive income
Cumulative foreign exchange translation adjustment	2,051	4,402
Postretirement benefits reserves adjustment	(8,886)	(9,863)
Unrealized gain/(loss) on cash flow hedges	80	0
Common stock held in treasury: 2,927 million shares at June 30, 2010 3,292 million shares at December 31, 2009	(148,820)	(166,410)
ExxonMobil share of equity	140,172	110,569
Noncontrolling interests	5,195	4,823
Total equity	145,367	115,392
Total liabilities and equity	$ 291,068	$ 233,323

CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2010	Jun. 30, 2009
CASH FLOWS FROM OPERATING ACTIVITIES
Net income including noncontrolling interests	$ 14,321	$ 8,648
Depreciation and depletion	6,646	5,797
Changes in operational working capital, excluding cash and debt	2,068	(992)
All other items - net	(754)	(2,346)
Net cash provided by operating activities	22,281	11,107
CASH FLOWS FROM INVESTING ACTIVITIES
Additions to property, plant and equipment	(11,400)	(10,238)
Sales of subsidiaries, investments, and property, plant and equipment	852	911
All other investing, net	303	(386)
Net cash used in investing activities	(10,245)	(9,713)
CASH FLOWS FROM FINANCING ACTIVITIES
Additions to long-term debt	33	145
Reductions in long-term debt	(16)	(20)
Additions/(reductions) in short-term debt - net	(697)	(350)
Cash dividends to ExxonMobil shareholders	(4,052)	(4,020)
Cash dividends to noncontrolling interests	(139)	(133)
Changes in noncontrolling interests	(2)	(124)
Tax benefits related to stock-based awards	28	55
Common stock acquired	(4,063)	(13,098)
Common stock sold	111	185
Net cash used in financing activities	(8,797)	(17,360)
Effects of exchange rate changes on cash	(680)	105
Increase/(decrease) in cash and cash equivalents	2,559	(15,861)
Cash and cash equivalents at beginning of period	10,693	31,437
Cash and cash equivalents at end of period	13,252	15,576
SUPPLEMENTAL DISCLOSURES
Income taxes Paid	9,487	8,540
Cash interest Paid	$ 294	$ 195

CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY - USD ($) shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2010	Jun. 30, 2009	Jun. 30, 2010	Jun. 30, 2009
Statement [Line Items]
Balance			$ 115,392	$ 117,523
Amortization of stock-based awards			365	364
Tax benefits related to stock-based awards			10	12
Other			(384)	(430)
Net income for the period	$ 7,746	$ 3,946	14,321	8,648
Dividends - common shares			(4,191)	(4,153)
Foreign exchange translation adjustment	(1,847)	3,035	(2,364)	1,624
Postretirement benefits reserves adjustment	178	(492)	390	(534)
Amortization of postretirement benefits reserves adjustment included in periodic benefit costs	312	354	640	704
Change in fair value of cash flow hedges	80	0	80	0
Acquisitions at cost			(4,065)	(13,222)
Dispositions			514	617
Balance	145,367	111,153	145,367	111,153
Issued for XTO merger			24,659
Common Stock [Member]
Statement [Line Items]
Balance			5,503	5,314
Amortization of stock-based awards			365	364
Tax benefits related to stock-based awards			10	12
Other			(396)	(430)
Balance	$ 9,002	$ 5,260	$ 9,002	$ 5,260
Balance (in shares)			8,019	8,019
Issued for XTO merger			$ 3,520
Balance (in shares)	8,019	8,019	8,019	8,019
Earnings Reinvested [Member]
Statement [Line Items]
Balance			$ 276,937	$ 265,680
Net income for the period			13,860	8,500
Dividends - common shares			(4,052)	(4,020)
Balance	$ 286,745	$ 270,160	286,745	270,160
Accumulated Other Comprehensive Income [Member]
Statement [Line Items]
Balance			(5,461)	(9,931)
Foreign exchange translation adjustment			(2,351)	1,530
Postretirement benefits reserves adjustment			363	(530)
Amortization of postretirement benefits reserves adjustment included in periodic benefit costs			614	682
Change in fair value of cash flow hedges			80
Balance	(6,755)	(8,249)	(6,755)	(8,249)
Common Stock Held in Treasury [Member]
Statement [Line Items]
Balance			(166,410)	(148,098)
Acquisitions at cost			(4,063)	(13,098)
Dispositions			514	617
Balance	$ (148,820)	$ (160,579)	$ (148,820)	$ (160,579)
Balance (in shares)			(3,292)	(3,043)
Acquisitions (in shares)			(61)	(183)
Issued for XTO merger			$ 21,139
Issued for XTO merger (in shares)			416
Other dispositions (in shares)			10	13
Balance (in shares)	(2,927)	(3,213)	(2,927)	(3,213)
ExxonMobil Share of Equity [Member]
Statement [Line Items]
Balance			$ 110,569	$ 112,965
Amortization of stock-based awards			365	364
Tax benefits related to stock-based awards			10	12
Other			(396)	(430)
Net income for the period			13,860	8,500
Dividends - common shares			(4,052)	(4,020)
Foreign exchange translation adjustment			(2,351)	1,530
Postretirement benefits reserves adjustment			363	(530)
Amortization of postretirement benefits reserves adjustment included in periodic benefit costs			614	682
Change in fair value of cash flow hedges			80
Acquisitions at cost			(4,063)	(13,098)
Dispositions			514	617
Balance	$ 140,172	$ 106,592	140,172	106,592
Issued for XTO merger			24,659
Noncontrolling Interest
Statement [Line Items]
Balance			4,823	4,558
Other			12
Net income for the period			461	148
Dividends - common shares			(139)	(133)
Foreign exchange translation adjustment			(13)	94
Postretirement benefits reserves adjustment			27	(4)
Amortization of postretirement benefits reserves adjustment included in periodic benefit costs			26	22
Acquisitions at cost			(2)	(124)
Balance	$ 5,195	$ 4,561	$ 5,195	$ 4,561
Outstanding [Member]
Statement [Line Items]
Balance (in shares)			4,727	4,976
Acquisitions (in shares)			(61)	(183)
Issued for XTO merger (in shares)			416
Other dispositions (in shares)			10	13
Balance (in shares)	5,092	4,806	5,092	4,806

Litigation and Other Contingencies

6 Months Ended

Jun. 30, 2010

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 contingenci es 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. 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 materially adverse effect upon the Corporation's operations or financial condition.

Other Contingencies


	As of June 30, 2010
	Equity Company Obligations		Other Third Party Obligations		Total
	(millions of dollars)
Total guarantees	$	5,650	$	3,036	$	8,686

The Corporation and certain of its consolidated subsidiaries were contingently liable at June 30, 2010, for $8,686 million, primarily relating to guarantees for notes, loans and performance under contracts. Included in this amount were guarantees by consolidated affiliates of $5,650 million, representing ExxonMobil's share of obligations of certain equity companies. 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.

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, 2010, 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 governmen t, 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) invoking ICSID jurisdiction under Venezuela's Investment Law and the Netherlands-Venezuela Bilateral Investment Treaty. 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. An affiliate of ExxonMobil has also filed an arbitration under the rules of the International Chamber of Commerce against PdVSA and a PdVSA affiliate for breach of their contractual obligations under certain Cerro Negro Project agreements. Both arbitration proceedings continue. At this time, the net impact of this matter on the Corporation's consolidated financial results cannot be reasonably estimated. However, the Corporat ion does not expect the resolution to have a material effect upon the Corporation's operations or financial condition. ExxonMobil's remaining net book investment in Cerro Negro producing assets is about $750 million.

Financial Derivatives Instruments

6 Months Ended

Jun. 30, 2010

Financial And Derivative Instruments

7.	Financial and Derivative Instruments

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 of significance is long-term debt. The estimated fair value of total long-term debt, including capitalized lease obligations, was $18.1 billion and $7.7 billion, at June 30, 2010 and December 31, 2009, respectively, as compared to recorded book values of $17.5 billion and $7.1 billion at June 30, 2010 and December 31, 2009, respectively.

Derivative Instruments

The Corporation's size, strong capital structure, geographic diversity and the complementary nature of the Upstream, Downstream and Chemical businesses reduce the Corporation's enterprise-wide risk from changes in interest rates, currency rates and commodity prices. As a result, the Corporation historically made limited use of derivatives to mitigate the impact of such changes. The Corporation does not engage in speculative derivative activities or derivative trading activities nor does it use derivatives with leveraged features.

When the Corporation does enter into derivative transactions, it is to offset exposures associated with interest rates, foreign currency exchange rates and hydrocarbon prices that arise from existing assets, liabilities and forecasted transactions. For derivatives designated as cash flow hedges, the Corporation's activity is intended to manage the price risk posed by physical transactions.

The estimated fair value of derivative instruments outstanding is summarized below. Derivative instruments of $995 million acquired as a result of the XTO merger are included in June 30, 2010, amounts and once the current positions settle, these programs will be discontinued.


	Not Designated as a Hedge					Fair Value Hedge					Cash Flow Hedge				Total Derivatives
	June 30, 2010		Dec. 31, 2009			June 30, 2010			Dec. 31, 2009		June 30, 2010		Dec. 31, 2009		June 30, 2010		Dec. 31, 2009
	(millions of dollars)
Other current assets	$	49	$	30		$	1		$	20	$	949	$	0	$	999	$	50
Other assets		4		0			0			0		74		0		78		0

Total assets		53		30			1			20		1,023		0		1,077		50


Accounts payable and accrued liabilities		24		54			15			1		32		0		71		55
Other long-term obligations		2		0			0			0		3		0		5		0

Total liabilities		26		54			15			1		35		0		76		55

Total net asset/(liability)	$	27	$	(24	)	$	(14	)	$	19	$	988	$	0	$	1,001	$	(5	)

The fair value measurement hierarchy level associated with the Corporation's derivative instruments is summarized below.


	June 30, 2010					December 31, 2009
	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)			Quoted Prices in Active Markets for Identical Assets (Level 1)			Significant Other Observable Inputs (Level 2)
	(millions of dollars)
Commodity derivative instruments	$	1	$	1,015		$	(23	)	$	(2	)
Foreign currency exchange instruments	$	0	$	(15	)	$	0		$	20

The Corporation's fair value measurement of its derivative instruments includes Level 1 inputs for derivatives that are traded directly on the NYMEX and Level 2 inputs for derivatives that are determined by either market prices on an active market for similar assets or by prices quoted by a broker or other market-corroborated prices.

For the three months and six months ended June 30, 2010, the before tax earnings impact of the Corporation's derivative activity, net of the fair value change of physical commitments associated with fair value hedges, was a gain of $24 million and $33 million, respectively, versus a loss of $87 million and $88 million for the three months and six months ended June 30, 2009, respectively.

The principal commodity futures contracts and swap agreements acquired as part of the XTO merger that are in place as of June 30, 2010, are summarized below. These derivative contracts are designated and qualify for cash flow hedge accounting. The Corporation will receive the cash flow related to these derivative contracts at the prices indicated below. However, the amount of gain or loss realized from these contracts will be limited to the change in fair value of the derivative instruments from the acquisition date.


Product	Production Period	Volume	Weighted Average NYMEX Price
		*(millions of cubic feet daily)*	*(per thousand cubic feet)*
Natural Gas	July - December 2010	1,250	$7.49
	January - December 2011	250	$7.02

		*(thousands of barrels daily)*	*(per barrel)*
Crude Oil	July - December 2010	70	$95.70

The Corporation believes that there are no material market or credit risks to the Corporation's financial position, results of operations or liquidity as a result of the derivative activities described above.

Acquisition of XTO Energy, Inc.

6 Months Ended

Jun. 30, 2010

Acquisition of XTO Energy, Inc.

9.	Acquisition of XTO Energy Inc.

Description of the Transaction

On June 25, 2010, ExxonMobil acquired XTO Energy Inc. (XTO) by merging a wholly-owned subsidiary of ExxonMobil with and into XTO (the "merger"), with XTO continuing as the surviving corporation and wholly-owned subsidiary of ExxonMobil. XTO is involved in the exploration for, production of, and transportation and sale of crude oil and natural gas. XTO's asset base, technical capabilities and operating expertise together with ExxonMobil's extensive research and development expertise, project management and operational skills, global scale and financial capacity, should enable effective development of additional supplies of unconventional oil and gas resources.

At the effective time of the merger, each share of XTO common stock was converted into the right to receive 0.7098 shares of common stock of ExxonMobil (the "Exchange Ratio"), with cash being paid in lieu of any fractional shares of ExxonMobil stock. Also at the effective time, each outstanding option to purchase XTO common stock was converted into an option to purchase a number of shares of ExxonMobil stock based on the Exchange Ratio, and each outstanding restricted stock award and performance stock award of XTO was converted into a restricted stock award or performance stock award, as applicable, of ExxonMobil stock based on the Exchange Ratio.

The components of the consideration transferred follow:


	(millions of dollars)
Consideration attributable to stock issued (1) (2)	$	24,480
Consideration attributable to converted stock options (2)		179

Total consideration transferred	$	24,659

(1)

The fair value of the Corporation's common stock on the acquisition date was $59.10 per share based on the closing value on the NYSE. The Corporation issued 416 million shares of stock previously held in treasury. The treasury stock issued, based on the average cost, was valued at $21,139 million. The excess of the fair value of the consideration transferred over the cost of treasury stock issued was $3,520 million and was included in common stock without par value.

(2)

The portion of the fair value of XTO converted stock-based awards attributable to pre-merger employee service was part of consideration. The remaining fair value of the awards will be recognized in future periods over the requisite service period.

Recording of Assets Acquired and Liabilities Assumed

The transaction was accounted for using the acquisition method of accounting which requires, among other things, that assets acquired and liabilities assumed be recognized at their fair values as of the acquisition date.

The following table summarizes the assets acquired and liabilities assumed:


	(millions of dollars)
Cash and cash equivalents	$	47
Notes and accounts receivable		925
Inventories		170
Other current assets (1)		911
Investments, advances and long-term receivables		52
Property, plant and equipment (2)		47,300
Identifiable intangible assets (3)		493
Goodwill (4)		39
Other assets (1)		75

Total assets acquired	$	50,012


Notes and loans payable (5)	$	1,026
Accounts payable and accrued liabilities (1) (6)		1,788
Income taxes payable		(199	)
Long-term debt (5)		10,574
Postretirement benefits reserves		65
Deferred income tax liabilities (6)		11,204
Other long-term obligations (1)		895

Total liabilities assumed	$	25,353

Net assets acquired	$	24,659

(1)

Derivatives were measured using Level 1 inputs for derivatives that are traded directly on the NYMEX and Level 2 inputs for derivatives that are determined by either market prices on an active market for similar assets or by prices quoted by a broker or other market-corroborated prices.

(2)

Property, plant and equipment were measured primarily using an income approach. The fair value measurements of the oil and gas assets were based, in part, on significant inputs not observable in the market and thus represent a Level 3 measurement. The significant inputs included XTO resources, assumed future production profiles, commodity prices (mainly based on observable market inputs), risk adjusted discount rate of 7.0 percent, inflation of 2.0 percent and assumptions on the timing and amount of future development and operating costs. The property, plant and equipment additions were segmented to the Upstream business, with substantially all of the assets in the United States.

(3)

Identifiable intangible assets and other assets were measured using a combination of an income approach and a market approach (Level 3). Identifiable intangible assets will be amortized over 20 years.

(4)

Goodwill was the excess of the consideration transferred over the net assets recognized and represents the future economic benefits arising from other assets acquired that could not be individually identified and separately recognized. Goodwill was recognized in the Upstream reporting unit. Goodwill is not amortized and is not deductible for tax purposes.

(5)

Long-term debt was recognized mainly at market rates at closing (Level 1). Long-term debt at closing was as follows:


	(millions of dollars)
Bank Debt:
Commercial Paper	$	175
Term loan due April 1, 2013, 0.775%		500
Term loan due February 5, 2013, 0.697%		100
Senior Notes:
5.000% due 2010 includes premium of $1		251
7.500% due 2012 includes premium of $39		389
5.900% due 2012 includes premium of $51		601
6.250% due 2013 includes premium of $51		451
4.625% due 2013 includes premium of $31		431
5.750% due 2013 includes premium of $66		566
4.900% due 2014 includes premium of $45		545
5.000% due 2015 includes premium of $40		388
5.300% due 2015 includes premium of $53		453
5.650% due 2016 includes premium of $58		458
6.250% due 2017 includes premium of $138		874
5.500% due 2018 includes premium of $108		880
6.500% due 2018 includes premium of $209		1,209
6.100% due 2036 includes premium of $101		692
6.750% due 2037 includes premium of $379		1,778
6.375% due 2038 includes premium of $155		859

Total Debt	$	11,600
Less: Current portion		1,026

Long-term Debt	$	10,574

The amounts of long-term debt maturing in each of the four years after December 31, 2010, in millions of dollars, are: 2011 – $0, 2012 – $900, 2013 – $1,300 and 2014 – $500.

During the quarter ended June 30, 2010, the commercial paper was repaid. Following the end of the second quarter, XTO term loans of $600 million were repaid and XTO fixed-rate bonds with a book value of $2.5 billion were repurchased via tender offers.

(6)

Deferred income taxes reflect the temporary differences between the amount of assets and liabilities recognized for financial reporting purposes and such amounts recognized for tax purposes. The deferred income taxes recorded as part of the XTO merger were:


	(millions of dollars)
Property, plant and equipment	$	12,238
Other		367

Total deferred tax liabilities	$	12,605


Asset retirement obligations	$	(324	)
Other		(769	)

Total deferred tax assets	$	(1,093	)

Net deferred tax liabilities	$	11,512

Deferred income tax (assets) and liabilities are included in the table summarizing assets acquired and liabilities assumed as shown below.


	(millions of dollars)
Accounts payable and accrued liabilities	$	308
Deferred income tax liabilities		11,204

Net deferred tax liabilities	$	11,512

Actual and Pro Forma Impact of Merger

The revenues and earnings for XTO included in the Corporation's condensed consolidated statement of income for the three months and six months ended June 30, 2010, were de minimis.

Transaction-related costs were expensed as incurred. The Corporation recognized less than $15 million in transaction costs related to the merger in the six months ended June 30, 2010.

The following table presents pro forma information for the Corporation as if the merger of XTO had occurred at the beginning of each year presented:


	Three Months Ended June 30,				Six Months Ended June 30,
	2010		2009		2010		2009
	(millions of dollars, except per share amounts)
Revenues	$	91,196	$	73,608	$	179,949	$	137,058

Net income attributable to ExxonMobil	$	7,372	$	3,757	$	13,672	$	8,118

Earnings per common share (dollars)	$	1.45	$	0.72	$	2.67	$	1.53

Earnings per common share – assuming dilution (dollars)	$	1.44	$	0.71	$	2.66	$	1.52

The historical financial information was adjusted to give effect to the pro forma events that were directly attributable to the merger and factually supportable. The unaudited pro forma consolidated results are not necessarily indicative of what our consolidated results of operations actually would have been had we completed the merger on January 1, 2010, or on January 1, 2009. In addition, the unaudited pro forma consolidated results do not purport to project the future results of operations of the combined company. The unaudited pro forma consolidated results reflect pro forma adjustments for the elimination of deferred gains and losses recognized in earnings for derivatives outstanding at the beginning of the year presented, additional depreciation expense related to the fair value adjustment to property, plant and equipment acquired, additional amortization expense related to the fair value of identifiable intangible assets acquired, capitalization of interest expense and applicable income tax impacts.

Incentive Program

Under the terms of the merger agreement, outstanding XTO stock-based awards were converted into ExxonMobil stock-based awards based on the merger exchange ratio. The converted XTO awards, granted under XTO's 1998 or 2004 Stock Incentive Plans, include restricted stock awards, stock options and performance stock awards. The grant date for the converted XTO awards is considered to be the effective date of the merger for purposes of calculating fair value. Compensation cost for the converted XTO awards will be recognized in income over the requisite service period. The maximum term of the XTO awards is ten years under the 1998 plan and seven years under the 2004 plan. No additional awards will be issued under either XTO plan. In connection with the closing of the merger, the Corporation also made new grants of restricted stock under the Corporation's 2003 Incentive Program to certa in current or former XTO employees as described in more detail below.

Restricted Stock

Long-term incentive awards totaling 4,206 thousand of restricted (nonvested) common stock were granted in association with the XTO merger. This included the granting of 1,423 thousand of restricted common stock awards under the Corporation's 2003 Incentive Program and 2,783 thousand of converted XTO restricted common stock awards. Compensation cost for the restricted stock awards is based on the price of the stock at the date of grant. During the applicable restriction periods, the shares may not be sold or transferred and are subject to forfeiture. Otherwise, holders of restricted stock awards generally have all voting, dividend and other rights of other common stockholders.

The majority of the awards granted under the Corporation's 2003 Incentive Program have graded vesting periods, with 50 percent of the shares in each award vesting after three years and the remaining 50 percent vesting after seven years. In addition, awards granted to certain former senior executives of XTO in connection with consulting agreements negotiated as part of the merger have vesting periods of one year for 50 percent of the award and of two or three years for the remaining 50 percent of the award, depending on the actual term of the consulting engagements.

The majority of the converted XTO awards vest in three installments over a period of three years or three and a half years after the initial grant. The remainder of converted XTO awards which were granted to certain senior XTO employees will vest on the first anniversary of the effective date of the merger.

The following table summarizes information about the merger related restricted stock awards issued.


Restricted Stock	Shares	Fair Value at Date of Grant		Weighted Average Grant-Date Fair Value per Share
	(thousands)	(millions of dollars)
Awards granted under 2003
Incentive Program	1,423	$	85	$	59.67
Converted XTO awards	2,783	$	165	$	59.13

Unrecognized compensation cost of $175 million related to the restricted stock awards detailed above is expected to be recognized over a weighted average period of 3.1 years.

Performance Stock

The Corporation granted 157 thousand of converted XTO performance stock awards. Compensation cost for the performance stock awards is based on the estimated grant date fair values. The XTO performance stock awards vest depending on the achievement of certain XTO common stock price thresholds. Upon conversion of these awards to ExxonMobil performance stock awards in connection with the merger, the performance thresholds were adjusted to equivalent market price thresholds for common stock of the Corporation. The performance stock awards are subject to forfeiture if the performance criteria are not met within the maximum term. Otherwise, holders of performance stock awards generally have all voting, dividend and other rights of other common stockholders. The table below shows the number of shares and vesting prices of these con verted performance stock awards.


Performance Stock Awards	Vesting Price
(in thousands)
55	$	70.45
51	$	108.49
51	$	119.76

The following table summarizes information about the merger related performance stock awards issued.


Performance stock	Shares	Fair Value at Date of Grant	Weighted Average Grant-Date Fair Value per Share
	(thousands)	(millions of dollars)
Converted XTO awards	157	$ 5	$ 30.64

Unrecognized compensation cost of $4 million related to the performance stock awards detailed above is expected to be recognized over a weighted average period of 1.2 years.

Stock Options

The Corporation granted 12,393 thousand of converted XTO stock options as a result of the XTO merger. The converted XTO stock option awards are accounted for under current authoritative guidance which requires the measurement and recognition of compensation expense based on estimated grant date fair values. The stock options granted by XTO generally vest and become exercisable ratably over a three-year period, and may include a provision for accelerated vesting when the common stock price reaches specified levels. Some stock option tranches vest only when the common stock price reaches specified levels. Upon conversion of these stock options to ExxonMobil stock options in connection with the merger, the performance thresholds were adjusted to equivalent market price thresholds for common stock of the Corporation. The table b elow shows the terms under which the converted XTO stock option awards vest.


Unvested Stock Options		Vesting Term/Price
(in thousands)
206		Ratably over 3 years
190		$ 70.45
189		$ 76.08
1		$ 77.49
307		$ 126.80

The following table summarizes information about the merger related stock options issued.


Stock Options	Shares	Fair Value at Date of Grant	Average Exercise Price		Weighted Average Remaining Contractual Term
	(thousands)	(millions of dollars)
Converted XTO awards	12,393	$ 182	$	55.15	3.6 years
Exercisable	11,500	$ 176	$	53.36	3.4 years

The intrinsic value for these stock options is $129 million. Unrecognized compensation cost of $3 million related to the non-vested stock options detailed above is expected to be recognized over a weighted average period of 1.3 years.

Estimated Fair Value of Grants

For restricted stock grants, the fair value was equal to the price of the common stock on the grant date. For the converted XTO stock options and performance stock, the Corporation used a Monte Carlo simulation model to estimate fair value. The Monte Carlo simulation model requires inputs for the risk-free interest rate, dividend yield, volatility, contract term, target vesting price, post-vesting turnover rate and suboptimal exercise factor. Expected life, derived vesting period and fair value are outputs of this model.

The risk-free interest rate is based on the constant maturity nominal rates of U.S. Treasury securities with remaining lives throughout the contract term on the day of the grant. The dividend yield is the expected common stock annual dividend yield over the expected life of the option or performance stock, expressed as a percentage of the stock price on the date of grant. The volatility factors are based on a combination of both the historical volatilities of ExxonMobil's stock and the implied volatility of traded options on ExxonMobil common stock. Estimates of fair value are not intended to predict actual future events or the value ultimately realized by certain employees who receive stock option grants, and subsequent events are not indicative of the reasonableness of the original fair value estimates.

The total estimated fair value calculated at acquisition for the converted XTO stock-based awards was $352 million.

Fair values were determined using the following assumptions:


Weighted average expected term (years)		2.5
Range of risk-free interest rates		0.1% - 2.6%

Weighted average risk-free interest rates		0.9%
Dividend yield		3.0%

Weighted average volatility		28.5%
Range of volatility		22.5% - 33.6%

Condensed Consolidating Financial Information Related to Guaranteed Securities Issued by Subsidiaries

6 Months Ended

Jun. 30, 2010

Condensed Consolidated Financial Information Related to Guaranteed Securities Issued by Subsidiaries

10.

Condensed Consolidating Financial Information Related to Guaranteed Securities Issued by Subsidiaries

Exxon Mobil Corporation has fully and unconditionally guaranteed the deferred interest debentures due 2012 ($2,267 million long-term at June 30, 2010) and the debt securities due 2010-2011 ($13 million long-term and $13 million short-term) of SeaRiver Maritime Financial Holdings, Inc., a 100 percent owned subsidiary of Exxon Mobil Corporation.

The following condensed consolidating financial information is provided for Exxon Mobil Corporation, as guarantor, and for SeaRiver Maritime Financial Holdings, Inc., as issuer, as an alternative to providing separate financial statements for the issuer. The accounts of Exxon Mobil Corporation and SeaRiver Maritime Financial Holdings, Inc. are presented utilizing the equity method of accounting for investments in subsidiaries.


	Exxon Mobil Corporation Parent Guarantor			SeaRiver Maritime Financial Holdings Inc.			All Other Subsidiaries			Consolidating and Eliminating Adjustments			Consolidated
	*(millions of dollars)*
Condensed consolidated statement of income for three months ended June 30, 2010
Revenues and other income
Sales and other operating revenue, including sales-based taxes	$	3,854		$	—		$	85,839		$	—		$	89,693
Income from equity affiliates		7,375			—			2,215			(7,346	)		2,244
Other income		235			—			314			—			549
Intercompany revenue		9,600			1			80,955			(90,556	)		—

Total revenues and other income		21,064			1			169,323			(97,902	)		92,486

Costs and other deductions
Crude oil and product purchases		10,541			—			125,956			(88,028	)		48,469
Production and manufacturing expenses		1,832			—			7,849			(1,305	)		8,376
Selling, general and administrative expenses		736			—			3,049			(178	)		3,607
Depreciation and depletion		440			—			2,926			—			3,366
Exploration expenses, including dry holes		53			—			354			—			407
Interest expense		64			62			975			(1,061	)		40
Sales-based taxes		—			—			6,946			—			6,946
Other taxes and duties		7			—			8,562			—			8,569

Total costs and other deductions		13,673			62			156,617			(90,572	)		79,780

Income before income taxes		7,391			(61	)		12,706			(7,330	)		12,706
Income taxes		(169	)		(22	)		5,151			—			4,960

Net income including noncontrolling interests		7,560			(39	)		7,555			(7,330	)		7,746
Net income attributable to noncontrolling interests		—			—			186			—			186

Net income attributable to ExxonMobil	$	7,560		$	(39	)	$	7,369		$	(7,330	)	$	7,560


Condensed consolidated statement of income for three months ended June 30, 2009
Revenues and other income
Sales and other operating revenue, including sales-based taxes	$	2,633		$	—		$	69,534		$	—		$	72,167
Income from equity affiliates		4,271			(3	)		1,560			(4,245	)		1,583
Other income		440			—			267			—			707
Intercompany revenue		7,441			1			64,665			(72,107	)		—

Total revenues and other income		14,785			(2	)		136,026			(76,352	)		74,457

Costs and other deductions
Crude oil and product purchases		7,511			—			98,426			(69,034	)		36,903
Production and manufacturing expenses		1,913			—			7,458			(1,342	)		8,029
Selling, general and administrative expenses		560			—			3,128			(169	)		3,519
Depreciation and depletion		361			—			2,643			—			3,004
Exploration expenses, including dry holes		77			—			413			—			490
Interest expense		597			56			1,272			(1,582	)		343
Sales-based taxes		—			—			6,216			—			6,216
Other taxes and duties		(43	)		—			8,479			—			8,436

Total costs and other deductions		10,976			56			128,035			(72,127	)		66,940

Income before income taxes		3,809			(58	)		7,991			(4,225	)		7,517
Income taxes		(141	)		(21	)		3,733			—			3,571

Net income including noncontrolling interests		3,950			(37	)		4,258			(4,225	)		3,946
Net income attributable to noncontrolling interests		—			—			(4	)		—			(4	)

Net income attributable to ExxonMobil	$	3,950		$	(37	)	$	4,262		$	(4,225	)	$	3,950


Condensed consolidated statement of income for six months ended June 30, 2010
Revenues and other income
Sales and other operating revenue, including sales-based taxes	$	7,787		$	—		$	168,943		$	—		$	176,730
Income from equity affiliates		13,587			—			4,729			(13,535	)		4,781
Other income		297			—			929			—			1,226
Intercompany revenue		19,086			2			161,601			(180,689	)		—

Total revenues and other income		40,757			2			336,202			(194,224	)		182,737

Costs and other deductions
Crude oil and product purchases		20,341			—			250,591			(175,678	)		95,254
Production and manufacturing expenses		3,769			—			15,653			(2,611	)		16,811
Selling, general and administrative expenses		1,466			—			6,001			(346	)		7,121
Depreciation and depletion		858			—			5,788			—			6,646
Exploration expenses, including dry holes		128			—			965			—			1,093
Interest expense		132			123			1,929			(2,089	)		95
Sales-based taxes		—			—			13,761			—			13,761
Other taxes and duties		15			—			17,167			—			17,182

Total costs and other deductions		26,709			123			311,855			(180,724	)		157,963

Income before income taxes		14,048			(121	)		24,347			(13,500	)		24,774
Income taxes		188			(45	)		10,310			—			10,453

Net income including noncontrolling interests		13,860			(76	)		14,037			(13,500	)		14,321
Net income attributable to noncontrolling interests		—			—			461			—			461

Net income attributable to ExxonMobil	$	13,860		$	(76	)	$	13,576		$	(13,500	)	$	13,860


Condensed consolidated statement of income for six months ended June 30, 2009
Revenues and other income
Sales and other operating revenue, including sales-based taxes	$	4,800		$	—		$	129,495		$	—		$	134,295
Income from equity affiliates		9,023			4			3,010			(8,984	)		3,053
Other income		585			—			552			—			1,137
Intercompany revenue		13,306			2			117,300			(130,608	)		—

Total revenues and other income		27,714			6			250,357			(139,592	)		138,485

Costs and other deductions
Crude oil and product purchases		12,585			—			176,277			(124,165	)		64,697
Production and manufacturing expenses		3,879			—			14,752			(2,623	)		16,008
Selling, general and administrative expenses		1,218			—			6,096			(347	)		6,967
Depreciation and depletion		728			—			5,069			—			5,797
Exploration expenses, including dry holes		132			—			709			—			841
Interest expense		958			111			2,894			(3,513	)		450
Sales-based taxes		—			—			12,122			—			12,122
Other taxes and duties		(34	)		—			16,270			—			16,236

Total costs and other deductions		19,466			111			234,189			(130,648	)		123,118

Income before income taxes		8,248			(105	)		16,168			(8,944	)		15,367
Income taxes		(252	)		(41	)		7,012			—			6,719

Net income including noncontrolling interests		8,500			(64	)		9,156			(8,944	)		8,648
Net income attributable to noncontrolling interests		—			—			148			—			148

Net income attributable to ExxonMobil	$	8,500		$	(64	)	$	9,008		$	(8,944	)	$	8,500


Condensed consolidated balance sheet as of June 30, 2010
Cash and cash equivalents	$	603		$	—		$	12,649		$	—		$	13,252
Marketable securities		—			—			15			—			15
Notes and accounts receivable - net		2,608			25			27,389			(816	)		29,206
Inventories		1,576			—			11,863			—			13,439
Other current assets		427			—			5,877			—			6,304

Total current assets		5,214			25			57,793			(816	)		62,216
Property, plant and equipment - net		18,327			—			169,742			—			188,069
Investments and other assets		231,569			473			454,154			(645,413	)		40,783
Intercompany receivables		22,621			2,407			444,579			(469,607	)		—

Total assets	$	277,731		$	2,905		$	1,126,268		$	(1,115,836	)	$	291,068


Notes and loan payables	$	6		$	13		$	2,927		$	—		$	2,946
Accounts payable and accrued liabilities		2,874			—			42,580			—			45,454
Income taxes payable		—			—			10,237			(816	)		9,421

Total current liabilities		2,880			13			55,744			(816	)		57,821
Long-term debt		296			2,280			14,910			—			17,486
Postretirement benefits reserves		8,961			—			8,182			—			17,143
Deferred income tax liabilities		869			131			33,283			—			34,283
Other long-term obligations		5,163			—			13,805			—			18,968
Intercompany payables		119,390			382			349,835			(469,607	)		—

Total liabilities		137,559			2,806			475,759			(470,423	)		145,701

Earnings reinvested		286,745			(770	)		117,827			(117,057	)		286,745
Other ExxonMobil equity		(146,573	)		869			527,487			(528,356	)		(146,573	)

ExxonMobil share of equity		140,172			99			645,314			(645,413	)		140,172
Noncontrolling interests		—			—			5,195			—			5,195

Total equity		140,172			99			650,509			(645,413	)		145,367

Total liabilities and equity	$	277,731		$	2,905		$	1,126,268		$	(1,115,836	)	$	291,068


Condensed consolidated balance sheet as of December 31, 2009
Cash and cash equivalents	$	449		$	—		$	10,244		$	—		$	10,693
Marketable securities		—			—			169			—			169
Notes and accounts receivable - net		2,050			—			25,858			(263	)		27,645
Inventories		1,202			—			10,351			—			11,553
Other current assets		313			—			4,862			—			5,175

Total current assets		4,014			—			51,484			(263	)		55,235
Property, plant and equipment - net		18,015			—			121,101			—			139,116
Investments and other assets		199,317			473			446,788			(607,606	)		38,972
Intercompany receivables		19,637			2,257			442,903			(464,797	)		—

Total assets	$	240,983		$	2,730		$	1,062,276		$	(1,072,666	)	$	233,323


Notes and loan payables	$	43		$	13		$	2,420		$	—		$	2,476
Accounts payable and accrued liabilities		2,779			—			38,496			—			41,275
Income taxes payable		—			2			8,571			(263	)		8,310

Total current liabilities		2,822			15			49,487			(263	)		52,061
Long-term debt		279			2,157			4,693			—			7,129
Postretirement benefits reserves		8,673			—			9,269			—			17,942
Deferred income tax liabilities		818			151			22,179			—			23,148
Other long-term obligations		5,286			—			12,365			—			17,651
Intercompany payables		112,536			382			351,879			(464,797	)		—

Total liabilities		130,414			2,705			449,872			(465,060	)		117,931

Earnings reinvested		276,937			(694	)		109,603			(108,909	)		276,937
Other ExxonMobil equity		(166,368	)		719			497,978			(498,697	)		(166,368	)

ExxonMobil share of equity		110,569			25			607,581			(607,606	)		110,569
Noncontrolling interests		—			—			4,823			—			4,823

Total equity		110,569			25			612,404			(607,606	)		115,392

Total liabilities and equity	$	240,983		$	2,730		$	1,062,276		$	(1,072,666	)	$	233,323


Condensed consolidated statement of cash flows for six months ended June 30, 2010
Cash provided by/(used in) operating activities	$	30,671		$	1		$	(3,039	)	$	(5,352	)	$	22,281

Cash flows from investing activities
Additions to property, plant and equipment		(1,234	)		—			(10,166	)		—			(11,400)
Sales of long-term assets		319			—			533			—			852
Net intercompany investing		(21,586	)		(151	)		21,383			354			—
All other investing, net		—			—			303			—			303

Net cash provided by/(used in) investing activities		(22,501	)		(151	)		12,053			354			(10,245)

Cash flows from financing activities
Additions to long-term debt		—			—			33			—			33
Reductions in long-term debt		—			—			(16	)		—			(16	)
Additions/(reductions) in short-term debt - net		(40	)		—			(657	)		—			(697	)
Cash dividends		(4,052	)		—			(5,352	)		5,352			(4,052	)
Net ExxonMobil shares sold/(acquired)		(3,952	)		—			—			—			(3,952	)
Net intercompany financing activity		—			—			204			(204	)		—
All other financing, net		28			150			(141	)		(150	)		(113	)

Net cash provided by/(used in) financing activities		(8,016	)		150			(5,929	)		4,998			(8,797	)

Effects of exchange rate changes on cash		—			—			(680	)		—			(680	)

Increase/(decrease) in cash and cash equivalents	$	154		$	—		$	2,405		$	—		$	2,559


Condensed consolidated statement of cash flows for six months ended June 30, 2009
Cash provided by/(used in) operating activities	$	(2,130	)	$	1		$	13,424		$	(188	)	$	11,107

Cash flows from investing activities
Additions to property, plant and equipment		(1,321	)		—			(8,917	)		—			(10,238	)
Sales of long-term assets		97			—			814			—			911
Net intercompany investing		17,178			(151	)		(17,349	)		322			—
All other investing, net		—			—			(386	)		—			(386	)

Net cash provided by/(used in) investing activities		15,954			(151	)		(25,838	)		322			(9,713	)

Cash flows from financing activities
Additions to long-term debt		—			—			145			—			145
Reductions in long-term debt		—			—			(20	)		—			(20	)
Additions/(reductions) in short-term debt - net		3			—			(353	)		—			(350	)
Cash dividends		(4,020	)		—			(188	)		188			(4,020	)
Net ExxonMobil shares sold/(acquired)		(12,913	)		—			—			—			(12,913	)
Net intercompany financing activity		—			—			172			(172	)		—
All other financing, net		55			150			(257	)		(150	)		(202	)

Net cash provided by/(used in) financing activities		(16,875	)		150			(501	)		(134	)		(17,360	)

Effects of exchange rate changes on cash		—			—			105			—			105

Increase/(decrease) in cash and cash equivalents	$	(3,051	)	$	—		$	(12,810	)	$	—		$	(15,861	)

Summary of Accounting Policies and Basis of Financial Statement Preparation (Policy)	6 Months Ended
	Jun. 30, 2010
Statement [Line Items]
Basis of Financial Statement Preparation	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 2009 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. The Corporation's exploration and production activities are accounted for under the "successful efforts" method.
Derivative Instruments	Derivative Instruments. The Corporation historically made limited use of derivative instruments. The Corporation does not engage in speculative derivative activities or derivative trading activities, nor does it use derivatives with leveraged features. When the Corporation does enter into derivative transactions, it is to offset exposures associated with interest rates, foreign currency exchange rates and hydrocarbon prices that arise from existing assets, liabilities and forecasted transactions. For derivatives designated as cash flow hedges, the Corporation's activity is intended to manage the price risk posed by physical transactions. The Corporation records all derivatives on the balance sheet at fair value. The change in fair value of derivatives designated as fair value hedges is recognized in earnings, offset by the change in fair value of the hedged item. The change in fair value of derivatives designated as cash flow hedges is recorded in other comprehensive income and recognized in earnings when the hedged transaction is recognized in earnings. The change in fair value of derivatives not designated as hedging instruments is recognized in earnings. Any ineffectiveness between the derivative and the hedged item is recorded in earnings. Hedge effectiveness is reviewed at least quarterly and is generally based on the most recent relevant correlation between the derivative and the item hedged. Hedge ineffectiveness is calculated based on the difference between the change in fair value of the derivative and change in cash flow or fair value of the items hedged. If it is determined that a derivative is no longer highly effective, hedge accounting is then discontinued and the change in fair value since inception that is on the balance sheet either as other comprehensive income for cash flow hedges, or the underlying hedged item for fair value hedges, is recorded in earnings.
Fair Value	Fair Value. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. Hierarchy Levels 1, 2 or 3 are terms for the priority of inputs to valuation techniques used to measure fair value. Hierarchy Level 1 inputs are quoted prices in active markets for identical assets or liabilities. Hierarchy Level 2 inputs are inputs other than quoted prices included within Level 1 that are directly or indirectly observable for the asset or liability. Hierarchy Level 3 inputs are inputs that are not observable in the market.
Goodwill	Goodwill. Goodwill is the excess of the consideration transferred over the net assets recognized and represents the future economic benefits arising from other assets acquired that could not be individually identified and separately recognized. Goodwill is evaluated for impairment on at least an annual basis.
Stock-Based Awards	Stock-Based Awards. The Corporation recognizes compensation expense for stock-based awards through amortization of the grant-date fair value over the requisite service period for each award.

Acquisition of XTO Energy, Inc.(Tables)

6 Months Ended

Jun. 30, 2010

Calculation of consideration transferred

The components of the consideration transferred follow:


	(millions of dollars)
Consideration attributable to stock issued (1) (2)	$	24,480
Consideration attributable to converted stock options (2)		179

Total consideration transferred	$	24,659

(1)

(2)

Business acquisition purchase price allocation recognized assets acquired and liabilities assumed

	(millions of dollars)
Cash and cash equivalents	$	47
Notes and accounts receivable		925
Inventories		170
Other current assets (1)		911
Investments, advances and long-term receivables		52
Property, plant and equipment (2)		47,300
Identifiable intangible assets (3)		493
Goodwill (4)		39
Other assets (1)		75

Total assets acquired	$	50,012


Notes and loans payable (5)	$	1,026
Accounts payable and accrued liabilities (1) (6)		1,788
Income taxes payable		(199	)
Long-term debt (5)		10,574
Postretirement benefits reserves		65
Deferred income tax liabilities (6)		11,204
Other long-term obligations (1)		895

Total liabilities assumed	$	25,353

Net assets acquired	$	24,659

(1)

(2)

(3)

(4)

(5)

Long-term debt was recognized mainly at market rates at closing (Level 1). Long-term debt at closing was as follows:


	(millions of dollars)
Bank Debt:
Commercial Paper	$	175
Term loan due April 1, 2013, 0.775%		500
Term loan due February 5, 2013, 0.697%		100
Senior Notes:
5.000% due 2010 includes premium of $1		251
7.500% due 2012 includes premium of $39		389
5.900% due 2012 includes premium of $51		601
6.250% due 2013 includes premium of $51		451
4.625% due 2013 includes premium of $31		431
5.750% due 2013 includes premium of $66		566
4.900% due 2014 includes premium of $45		545
5.000% due 2015 includes premium of $40		388
5.300% due 2015 includes premium of $53		453
5.650% due 2016 includes premium of $58		458
6.250% due 2017 includes premium of $138		874
5.500% due 2018 includes premium of $108		880
6.500% due 2018 includes premium of $209		1,209
6.100% due 2036 includes premium of $101		692
6.750% due 2037 includes premium of $379		1,778
6.375% due 2038 includes premium of $155		859

Total Debt	$	11,600
Less: Current portion		1,026

Long-term Debt	$	10,574

The amounts of long-term debt maturing in each of the four years after December 31, 2010, in millions of dollars, are: 2011 – $0, 2012 – $900, 2013 – $1,300 and 2014 – $500.

(6)


	(millions of dollars)
Property, plant and equipment	$	12,238
Other		367

Total deferred tax liabilities	$	12,605


Asset retirement obligations	$	(324	)
Other		(769	)

Total deferred tax assets	$	(1,093	)

Net deferred tax liabilities	$	11,512

Deferred income tax (assets) and liabilities are included in the table summarizing assets acquired and liabilities assumed as shown below.


	(millions of dollars)
Accounts payable and accrued liabilities	$	308
Deferred income tax liabilities		11,204

Net deferred tax liabilities	$	11,512

Business Acquisition Long Term Debt


	(millions of dollars)
Bank Debt:
Commercial Paper	$	175
Term loan due April 1, 2013, 0.775%		500
Term loan due February 5, 2013, 0.697%		100
Senior Notes:
5.000% due 2010 includes premium of $1		251
7.500% due 2012 includes premium of $39		389
5.900% due 2012 includes premium of $51		601
6.250% due 2013 includes premium of $51		451
4.625% due 2013 includes premium of $31		431
5.750% due 2013 includes premium of $66		566
4.900% due 2014 includes premium of $45		545
5.000% due 2015 includes premium of $40		388
5.300% due 2015 includes premium of $53		453
5.650% due 2016 includes premium of $58		458
6.250% due 2017 includes premium of $138		874
5.500% due 2018 includes premium of $108		880
6.500% due 2018 includes premium of $209		1,209
6.100% due 2036 includes premium of $101		692
6.750% due 2037 includes premium of $379		1,778
6.375% due 2038 includes premium of $155		859

Total Debt	$	11,600
Less: Current portion		1,026

Long-term Debt	$	10,574

Business Acquisition Deferred Income Tax


	(millions of dollars)
Property, plant and equipment	$	12,238
Other		367

Total deferred tax liabilities	$	12,605


Asset retirement obligations	$	(324	)
Other		(769	)

Total deferred tax assets	$	(1,093	)

Net deferred tax liabilities	$	11,512

Business Acquisition Assets Acquired And Liabilities Assumed For Deferred Income Tax


	(millions of dollars)
Accounts payable and accrued liabilities	$	308
Deferred income tax liabilities		11,204

Net deferred tax liabilities	$	11,512

Actual and Pro Forma Impact of Acquisition


	Three Months Ended June 30,				Six Months Ended June 30,
	2010		2009		2010		2009
	(millions of dollars, except per share amounts)
Revenues	$	91,196	$	73,608	$	179,949	$	137,058

Net income attributable to ExxonMobil	$	7,372	$	3,757	$	13,672	$	8,118

Earnings per common share (dollars)	$	1.45	$	0.72	$	2.67	$	1.53

Earnings per common share – assuming dilution (dollars)	$	1.44	$	0.71	$	2.66	$	1.52


Restricted Stock	Shares	Fair Value at Date of Grant		Weighted Average Grant-Date Fair Value per Share
	(thousands)	(millions of dollars)
Awards granted under 2003
Incentive Program	1,423	$	85	$	59.67
Converted XTO awards	2,783	$	165	$	59.13

Number of shares and vesting prices of these converted performance stock awards


Performance Stock Awards	Vesting Price
(in thousands)
55	$	70.45
51	$	108.49
51	$	119.76


Performance stock	Shares	Fair Value at Date of Grant	Weighted Average Grant-Date Fair Value per Share
	(thousands)	(millions of dollars)
Converted XTO awards	157	$ 5	$ 30.64

Converted XTO Stock Options Awards Vest


Unvested Stock Options		Vesting Term/Price
(in thousands)
206		Ratably over 3 years
190		$ 70.45
189		$ 76.08
1		$ 77.49
307		$ 126.80

Merger Related Stock Options Issued


Stock Options	Shares	Fair Value at Date of Grant	Average Exercise Price		Weighted Average Remaining Contractual Term
	(thousands)	(millions of dollars)
Converted XTO awards	12,393	$ 182	$	55.15	3.6 years
Exercisable	11,500	$ 176	$	53.36	3.4 years

Fair Values Used In Determining Stock Based Awards


Weighted average expected term (years)		2.5
Range of risk-free interest rates		0.1% - 2.6%

Weighted average risk-free interest rates		0.9%
Dividend yield		3.0%

Weighted average volatility		28.5%
Range of volatility		22.5% - 33.6%

Condensed Consolidating Financial Information Related to Guaranteed Securities Issued by Subsidiaries (Tables)

6 Months Ended

Jun. 30, 2010

Schedule of Condensed Consolidated Financial Information Related to Guaranteed Securities Issued by Subsidiaries


	Exxon Mobil Corporation Parent Guarantor			SeaRiver Maritime Financial Holdings Inc.			All Other Subsidiaries			Consolidating and Eliminating Adjustments			Consolidated
	*(millions of dollars)*
Condensed consolidated statement of income for three months ended June 30, 2010
Revenues and other income
Sales and other operating revenue, including sales-based taxes	$	3,854		$	—		$	85,839		$	—		$	89,693
Income from equity affiliates		7,375			—			2,215			(7,346	)		2,244
Other income		235			—			314			—			549
Intercompany revenue		9,600			1			80,955			(90,556	)		—

Total revenues and other income		21,064			1			169,323			(97,902	)		92,486

Costs and other deductions
Crude oil and product purchases		10,541			—			125,956			(88,028	)		48,469
Production and manufacturing expenses		1,832			—			7,849			(1,305	)		8,376
Selling, general and administrative expenses		736			—			3,049			(178	)		3,607
Depreciation and depletion		440			—			2,926			—			3,366
Exploration expenses, including dry holes		53			—			354			—			407
Interest expense		64			62			975			(1,061	)		40
Sales-based taxes		—			—			6,946			—			6,946
Other taxes and duties		7			—			8,562			—			8,569

Total costs and other deductions		13,673			62			156,617			(90,572	)		79,780

Income before income taxes		7,391			(61	)		12,706			(7,330	)		12,706
Income taxes		(169	)		(22	)		5,151			—			4,960

Net income including noncontrolling interests		7,560			(39	)		7,555			(7,330	)		7,746
Net income attributable to noncontrolling interests		—			—			186			—			186

Net income attributable to ExxonMobil	$	7,560		$	(39	)	$	7,369		$	(7,330	)	$	7,560


Condensed consolidated statement of income for three months ended June 30, 2009
Revenues and other income
Sales and other operating revenue, including sales-based taxes	$	2,633		$	—		$	69,534		$	—		$	72,167
Income from equity affiliates		4,271			(3	)		1,560			(4,245	)		1,583
Other income		440			—			267			—			707
Intercompany revenue		7,441			1			64,665			(72,107	)		—

Total revenues and other income		14,785			(2	)		136,026			(76,352	)		74,457

Costs and other deductions
Crude oil and product purchases		7,511			—			98,426			(69,034	)		36,903
Production and manufacturing expenses		1,913			—			7,458			(1,342	)		8,029
Selling, general and administrative expenses		560			—			3,128			(169	)		3,519
Depreciation and depletion		361			—			2,643			—			3,004
Exploration expenses, including dry holes		77			—			413			—			490
Interest expense		597			56			1,272			(1,582	)		343
Sales-based taxes		—			—			6,216			—			6,216
Other taxes and duties		(43	)		—			8,479			—			8,436

Total costs and other deductions		10,976			56			128,035			(72,127	)		66,940

Income before income taxes		3,809			(58	)		7,991			(4,225	)		7,517
Income taxes		(141	)		(21	)		3,733			—			3,571

Net income including noncontrolling interests		3,950			(37	)		4,258			(4,225	)		3,946
Net income attributable to noncontrolling interests		—			—			(4	)		—			(4	)

Net income attributable to ExxonMobil	$	3,950		$	(37	)	$	4,262		$	(4,225	)	$	3,950


Condensed consolidated statement of income for six months ended June 30, 2010
Revenues and other income
Sales and other operating revenue, including sales-based taxes	$	7,787		$	—		$	168,943		$	—		$	176,730
Income from equity affiliates		13,587			—			4,729			(13,535	)		4,781
Other income		297			—			929			—			1,226
Intercompany revenue		19,086			2			161,601			(180,689	)		—

Total revenues and other income		40,757			2			336,202			(194,224	)		182,737

Costs and other deductions
Crude oil and product purchases		20,341			—			250,591			(175,678	)		95,254
Production and manufacturing expenses		3,769			—			15,653			(2,611	)		16,811
Selling, general and administrative expenses		1,466			—			6,001			(346	)		7,121
Depreciation and depletion		858			—			5,788			—			6,646
Exploration expenses, including dry holes		128			—			965			—			1,093
Interest expense		132			123			1,929			(2,089	)		95
Sales-based taxes		—			—			13,761			—			13,761
Other taxes and duties		15			—			17,167			—			17,182

Total costs and other deductions		26,709			123			311,855			(180,724	)		157,963

Income before income taxes		14,048			(121	)		24,347			(13,500	)		24,774
Income taxes		188			(45	)		10,310			—			10,453

Net income including noncontrolling interests		13,860			(76	)		14,037			(13,500	)		14,321
Net income attributable to noncontrolling interests		—			—			461			—			461

Net income attributable to ExxonMobil	$	13,860		$	(76	)	$	13,576		$	(13,500	)	$	13,860


Condensed consolidated statement of income for six months ended June 30, 2009
Revenues and other income
Sales and other operating revenue, including sales-based taxes	$	4,800		$	—		$	129,495		$	—		$	134,295
Income from equity affiliates		9,023			4			3,010			(8,984	)		3,053
Other income		585			—			552			—			1,137
Intercompany revenue		13,306			2			117,300			(130,608	)		—

Total revenues and other income		27,714			6			250,357			(139,592	)		138,485

Costs and other deductions
Crude oil and product purchases		12,585			—			176,277			(124,165	)		64,697
Production and manufacturing expenses		3,879			—			14,752			(2,623	)		16,008
Selling, general and administrative expenses		1,218			—			6,096			(347	)		6,967
Depreciation and depletion		728			—			5,069			—			5,797
Exploration expenses, including dry holes		132			—			709			—			841
Interest expense		958			111			2,894			(3,513	)		450
Sales-based taxes		—			—			12,122			—			12,122
Other taxes and duties		(34	)		—			16,270			—			16,236

Total costs and other deductions		19,466			111			234,189			(130,648	)		123,118

Income before income taxes		8,248			(105	)		16,168			(8,944	)		15,367
Income taxes		(252	)		(41	)		7,012			—			6,719

Net income including noncontrolling interests		8,500			(64	)		9,156			(8,944	)		8,648
Net income attributable to noncontrolling interests		—			—			148			—			148

Net income attributable to ExxonMobil	$	8,500		$	(64	)	$	9,008		$	(8,944	)	$	8,500


Condensed consolidated balance sheet as of June 30, 2010
Cash and cash equivalents	$	603		$	—		$	12,649		$	—		$	13,252
Marketable securities		—			—			15			—			15
Notes and accounts receivable - net		2,608			25			27,389			(816	)		29,206
Inventories		1,576			—			11,863			—			13,439
Other current assets		427			—			5,877			—			6,304

Total current assets		5,214			25			57,793			(816	)		62,216
Property, plant and equipment - net		18,327			—			169,742			—			188,069
Investments and other assets		231,569			473			454,154			(645,413	)		40,783
Intercompany receivables		22,621			2,407			444,579			(469,607	)		—

Total assets	$	277,731		$	2,905		$	1,126,268		$	(1,115,836	)	$	291,068


Notes and loan payables	$	6		$	13		$	2,927		$	—		$	2,946
Accounts payable and accrued liabilities		2,874			—			42,580			—			45,454
Income taxes payable		—			—			10,237			(816	)		9,421

Total current liabilities		2,880			13			55,744			(816	)		57,821
Long-term debt		296			2,280			14,910			—			17,486
Postretirement benefits reserves		8,961			—			8,182			—			17,143
Deferred income tax liabilities		869			131			33,283			—			34,283
Other long-term obligations		5,163			—			13,805			—			18,968
Intercompany payables		119,390			382			349,835			(469,607	)		—

Total liabilities		137,559			2,806			475,759			(470,423	)		145,701

Earnings reinvested		286,745			(770	)		117,827			(117,057	)		286,745
Other ExxonMobil equity		(146,573	)		869			527,487			(528,356	)		(146,573	)

ExxonMobil share of equity		140,172			99			645,314			(645,413	)		140,172
Noncontrolling interests		—			—			5,195			—			5,195

Total equity		140,172			99			650,509			(645,413	)		145,367

Total liabilities and equity	$	277,731		$	2,905		$	1,126,268		$	(1,115,836	)	$	291,068


Condensed consolidated balance sheet as of December 31, 2009
Cash and cash equivalents	$	449		$	—		$	10,244		$	—		$	10,693
Marketable securities		—			—			169			—			169
Notes and accounts receivable - net		2,050			—			25,858			(263	)		27,645
Inventories		1,202			—			10,351			—			11,553
Other current assets		313			—			4,862			—			5,175

Total current assets		4,014			—			51,484			(263	)		55,235
Property, plant and equipment - net		18,015			—			121,101			—			139,116
Investments and other assets		199,317			473			446,788			(607,606	)		38,972
Intercompany receivables		19,637			2,257			442,903			(464,797	)		—

Total assets	$	240,983		$	2,730		$	1,062,276		$	(1,072,666	)	$	233,323


Notes and loan payables	$	43		$	13		$	2,420		$	—		$	2,476
Accounts payable and accrued liabilities		2,779			—			38,496			—			41,275
Income taxes payable		—			2			8,571			(263	)		8,310

Total current liabilities		2,822			15			49,487			(263	)		52,061
Long-term debt		279			2,157			4,693			—			7,129
Postretirement benefits reserves		8,673			—			9,269			—			17,942
Deferred income tax liabilities		818			151			22,179			—			23,148
Other long-term obligations		5,286			—			12,365			—			17,651
Intercompany payables		112,536			382			351,879			(464,797	)		—

Total liabilities		130,414			2,705			449,872			(465,060	)		117,931

Earnings reinvested		276,937			(694	)		109,603			(108,909	)		276,937
Other ExxonMobil equity		(166,368	)		719			497,978			(498,697	)		(166,368	)

ExxonMobil share of equity		110,569			25			607,581			(607,606	)		110,569
Noncontrolling interests		—			—			4,823			—			4,823

Total equity		110,569			25			612,404			(607,606	)		115,392

Total liabilities and equity	$	240,983		$	2,730		$	1,062,276		$	(1,072,666	)	$	233,323


Condensed consolidated statement of cash flows for six months ended June 30, 2010
Cash provided by/(used in) operating activities	$	30,671		$	1		$	(3,039	)	$	(5,352	)	$	22,281

Cash flows from investing activities
Additions to property, plant and equipment		(1,234	)		—			(10,166	)		—			(11,400)
Sales of long-term assets		319			—			533			—			852
Net intercompany investing		(21,586	)		(151	)		21,383			354			—
All other investing, net		—			—			303			—			303

Net cash provided by/(used in) investing activities		(22,501	)		(151	)		12,053			354			(10,245)

Cash flows from financing activities
Additions to long-term debt		—			—			33			—			33
Reductions in long-term debt		—			—			(16	)		—			(16	)
Additions/(reductions) in short-term debt - net		(40	)		—			(657	)		—			(697	)
Cash dividends		(4,052	)		—			(5,352	)		5,352			(4,052	)
Net ExxonMobil shares sold/(acquired)		(3,952	)		—			—			—			(3,952	)
Net intercompany financing activity		—			—			204			(204	)		—
All other financing, net		28			150			(141	)		(150	)		(113	)

Net cash provided by/(used in) financing activities		(8,016	)		150			(5,929	)		4,998			(8,797	)

Effects of exchange rate changes on cash		—			—			(680	)		—			(680	)

Increase/(decrease) in cash and cash equivalents	$	154		$	—		$	2,405		$	—		$	2,559


Condensed consolidated statement of cash flows for six months ended June 30, 2009
Cash provided by/(used in) operating activities	$	(2,130	)	$	1		$	13,424		$	(188	)	$	11,107

Cash flows from investing activities
Additions to property, plant and equipment		(1,321	)		—			(8,917	)		—			(10,238	)
Sales of long-term assets		97			—			814			—			911
Net intercompany investing		17,178			(151	)		(17,349	)		322			—
All other investing, net		—			—			(386	)		—			(386	)

Net cash provided by/(used in) investing activities		15,954			(151	)		(25,838	)		322			(9,713	)

Cash flows from financing activities
Additions to long-term debt		—			—			145			—			145
Reductions in long-term debt		—			—			(20	)		—			(20	)
Additions/(reductions) in short-term debt - net		3			—			(353	)		—			(350	)
Cash dividends		(4,020	)		—			(188	)		188			(4,020	)
Net ExxonMobil shares sold/(acquired)		(12,913	)		—			—			—			(12,913	)
Net intercompany financing activity		—			—			172			(172	)		—
All other financing, net		55			150			(257	)		(150	)		(202	)

Net cash provided by/(used in) financing activities		(16,875	)		150			(501	)		(134	)		(17,360	)

Effects of exchange rate changes on cash		—			—			105			—			105

Increase/(decrease) in cash and cash equivalents	$	(3,051	)	$	—		$	(12,810	)	$	—		$	(15,861	)

Financial Instruments and Derivatives (Details) $ in Millions	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2010 USD ($)	Jun. 30, 2009 USD ($)	Jun. 30, 2010 USD ($)	Jun. 30, 2009 USD ($)	Dec. 31, 2009 USD ($)
Statement [Line Items]
Estimated fair value of total long-term debt including capitalized lease obligations	$ 18,100		$ 18,100		$ 7,700
Recorded book values of total long-term debt including capitalized lease obligations	17,486		17,486		7,129
Derivative instruments acquired in XTO merger on included in June 30, 2010 balances	995		995
Gain (loss) before-tax earnings impact of derivatives	24	$ (87)	$ 33	$ (88)
Natural Gas July - December 2010 [Member]
Statement [Line Items]
Production Period			July - December 2010
Volume			1,250
Weighted Average NYMEX Price			7.49
Natural Gas January - December 2011 [Member]
Statement [Line Items]
Production Period			January - December 2011
Volume			250
Weighted Average NYMEX Price			7.02
Crude Oil [Member]
Statement [Line Items]
Production Period			July - December 2010
Volume			70
Weighted Average NYMEX Price			95.70
Other Current Assets [Member]
Statement [Line Items]
Not Designated as a Hedge (net)	49		$ 49		30
Fair Value Hedge (net)	1		1		20
Cash Flow Hedge (net)	949		949		0
Other current assets	999		999		50
Other Assets [Member]
Statement [Line Items]
Not Designated as a Hedge (net)	4		4		0
Fair Value Hedge (net)	0		0		0
Cash Flow Hedge (net)	74		74		0
Other assets	78		78		0
Total Assets [Member]
Statement [Line Items]
Not Designated as a Hedge (net)	53		53		30
Fair Value Hedge (net)	1		1		20
Cash Flow Hedge (net)	1,023		1,023		0
Total assets	1,077		1,077		50
Accounts Payable and Accrued Liabilities [Member]
Statement [Line Items]
Not Designated as a Hedge (net)	24		24		54
Fair Value Hedge (net)	15		15		1
Cash Flow Hedge (net)	32		32		0
Accounts payable and accrued liabilities	71		71		55
Other Long Term Obligations [Member]
Statement [Line Items]
Not Designated as a Hedge (net)	2		2		0
Fair Value Hedge (net)	0		0		0
Cash Flow Hedge (net)	3		3		0
Other long-term obligations	5		5		0
Total Liabilities [Member]
Statement [Line Items]
Not Designated as a Hedge (net)	26		26		54
Fair Value Hedge (net)	15		15		1
Cash Flow Hedge (net)	35		35		0
Total liabilities	76		76		55
Total Net Asset Liability [Member]
Statement [Line Items]
Not Designated as a Hedge (net)	27		27		(24)
Fair Value Hedge (net)	(14)		(14)		19
Cash Flow Hedge (net)	988		988		0
Total Derivatives	$ 1,001		1,001		(5)
Fair Value, Inputs, Level 1 [Member] \| Foreign Exchange Contract [Member]
Statement [Line Items]
Fair value of derivative instruments			0		0
Fair Value, Inputs, Level 1 [Member] \| Commodity Contract [Member]
Statement [Line Items]
Fair value of derivative instruments			1		(23)
Fair Value, Inputs, Level 2 [Member] \| Foreign Exchange Contract [Member]
Statement [Line Items]
Fair value of derivative instruments			(15)		20
Fair Value, Inputs, Level 2 [Member] \| Commodity Contract [Member]
Statement [Line Items]
Fair value of derivative instruments			$ 1,015		$ (2)

Acquisition of XTO Energy, Inc. (Recording of Assets Acquired and Liabilities Assumed) (Details) - USD ($)
$ in Millions

Jun. 30, 2010

Jun. 25, 2010

Dec. 31, 2009

Cash and cash equivalents

$ 47

Notes and accounts receivable

925

Inventories

170

Other current assets

^[1]

911

Investments, advances and long-term receivables

32,642

$ 31,665

Property, plant and equipment

^[2]

47,300

Identifiable intangible assets

^[3]

493

Goodwill

^[4]

Other assets

^[1]

Total assets acquired

50,012

Notes and Loans Payable

1,026

^[5]

$ 1,026

Accounts payable and accrued liabilities

^[1],[6]

1,788

Income taxes payable

(199)

Long-term debt

10,574

^[5]

$ 10,574

Postretirement benefits reserves

Deferred income tax liabilities

^[6]

11,204

Other long-term obligations

^[1]

895

Total liabilities assumed

25,353

Total net assets acquired

$ 24,659

[1]	Derivatives were measured using Level 1 inputs for derivatives that are traded directly on the NYMEX and Level 2 inputs for derivatives that are determined by either market prices on an active market for similar assets or by prices quoted by a broker or other market-corroborated prices.
[2]	Property, plant and equipment were measured primarily using an income approach. The fair value measurements of the oil and gas assets were based, in part, on significant inputs not observable in the market and thus represent a Level 3 measurement. The significant inputs included XTO resources, assumed future production profiles, commodity prices (mainly based on observable market inputs), risk adjusted discount rate of 7.0 percent, inflation of 2.0 percent and assumptions on the timing and amount of future development and operating costs. The property, plant and equipment additions were segmented to the Upstream business, with substantially all of the assets in the United States.
[3]	Identifiable intangible assets and other assets were measured using a combination of an income approach and a market approach (Level 3). Identifiable intangible assets will be amortized over 20 years.
[4]	Goodwill was the excess of the consideration transferred over the net assets recognized and represents the future economic benefits arising from other assets acquired that could not be individually identified and separately recognized. Goodwill was recognized in the Upstream reporting unit. Goodwill is not amortized and is not deductible for tax purposes.
[5]	Long-term debt was recognized mainly at market rates at closing (Level 1). Long-term debt at closing was as follows:
[6]	Deferred income taxes reflect the temporary differences between the amount of assets and liabilities recognized for financial reporting purposes and such amounts recognized for tax purposes. The deferred income taxes recorded as part of the XTO merger were:

Acquisition of XTO Energy, Inc. (Recording of Assets Acquired and Liabilities Assumed) (Parenthetical) (Details) - USD ($)
$ in Millions

1 Months Ended

Jun. 25, 2010

Jun. 30, 2010

Asset Retirement Obligation

$ (324)

Other assets

367

Total Deferred Tax Assets

(1,093)

Property, Plant and Equipment

12,238

Other liabilities

(769)

Total deferred tax liabilities

12,605

Accounts payable and accrued liabilities

308

Deferred income tax liabilities

11,204

Net deferred income tax liabilities

11,512

Business Acquisition, Cost of Acquired Entity, Transaction Costs

$ 15

Notes and Loans Payable

1,026

^[1]

Long-term debt

$ 10,574

^[1]

Risk Adjusted Discount Rate For PP&E Fair Value Measurement

7.00%

Inflation Rate For PP&E Fair Value Measurement

2.00%

Years For Intangible Assets To Amortize

20

Acquisition XTO Energy

XTO term loans repaid after quarter end

$ 600

XTO fixed-rate bonds face value acquired after quarter end

2,500

Total debt

11,600

5% Senior Unsecured Note Due 2010 Member | Acquisition XTO Energy

$ 251

5.00%

Aug. 01, 2010

7.5% Senior Unsecured Note Due 2012 [Member] | Acquisition XTO Energy

$ 1

$ 389

7.50%

Apr. 15, 2012

5.9% Senior Unsecured Note Due 2012 [Member] | Acquisition XTO Energy

$ 39

$ 601

5.90%

Aug. 01, 2012

6.25% Senior Unsecured Note Due 2013 [Member] | Acquisition XTO Energy

$ 51

$ 451

6.25%

Apr. 15, 2013

4.625% Senior Unsecured Note Due 2013 [Member] | Acquisition XTO Energy

$ 51

$ 431

4.625%

Jun. 15, 2013

5.75% Senior Unsecured Note Due 2013 [Member] | Acquisition XTO Energy

$ 31

$ 566

5.75%

Dec. 15, 2013

4.9% Senior Unsecured Note Due 2014 [Member] | Acquisition XTO Energy

$ 66

$ 545

4.90%

Feb. 01, 2014

5% Senior Unsecured Note Due 2015 [Member] | Acquisition XTO Energy

$ 45

$ 388

5.00%

Jan. 31, 2015

5.3% Senior Unsecured Note Due 2015 [Member] | Acquisition XTO Energy

$ 40

$ 453

5.30%

Jun. 30, 2015

5.65% Senior Unsecured Note Due 2016 [Member] | Acquisition XTO Energy

$ 53

$ 458

5.65%

Apr. 01, 2016

6.25% Senior Unsecured Note Due 2017 [Member] | Acquisition XTO Energy

$ 58

$ 874

6.25%

Aug. 01, 2017

5.5% Senior Unsecured Note Due 2018 [Member] | Acquisition XTO Energy

$ 138

$ 880

5.50%

Jun. 15, 2018

6.5% Senior Unsecured Note Due 2018 [Member] | Acquisition XTO Energy

$ 108

$ 1,209

6.50%

Dec. 15, 2018

6.1% Senior Unsecured Note Due 2036 [Member] | Acquisition XTO Energy

$ 209

$ 692

6.10%

Apr. 01, 2036

6.75% Senior Unsecured Note Due 2037 [Member] | Acquisition XTO Energy

$ 101

$ 1,778

6.75%

Aug. 01, 2037

6.38% Senior Unsecured Note Due 2038 [Member] | Acquisition XTO Energy

$ 379

$ 859

6.375%

Jun. 15, 2038

Commercial Paper [Member]

$ 155

Term Loan Due April 1, 2013, 0.8% [Member]

Bank Debt

175

Bank Debt

$ 500

0.775%

Term Loan Due February 5, 2013, 0.7% [Member]

Apr. 01, 2013

Bank Debt

$ 100

0.697%

Amount Of Long Term Debt Maturing 2011 Member

Feb. 05, 2013

$ 0

Amount Of Long Term Debt Maturing 2012 Member

2011

$ 900

Amount Of Long Term Debt Maturing 2013 Member

2012

$ 1,300

Amount Of Long Term Debt Maturing 2014 Member

2013

$ 500

2014

[1]	Long-term debt was recognized mainly at market rates at closing (Level 1). Long-term debt at closing was as follows:

Acquisition of XTO Energy, Inc. (Incentive Program, Restricted) (Details) - Restricted Stock Awards Related To Merger[Member]	6 Months Ended
	Jun. 30, 2010 USD ($) shares
Statement [Line Items]
Restricted Common Stock	4,206,000
Restricted Awards Granted Under 2003 Incentive Program Associated With XTO Merger	1,423,000
Converted XTO Restricted And Nonvested Common Stock Awards Associated With XTO Merger	2,783,000
Percent Of The Shares In Each Award Vesting after Three Years	50.00%
Percent Of The Shares In Each Award Vesting After Seven Years	50.00%
Percent Of Awards Having Vesting Periods Of One Year Granted To Senior Executives As Part Of Merger	50.00%
Percent Of Awards Having Vesting Periods Of Two Or Three Year Granted To Senior Executives As Part Of Merger	50.00%
Awards Granted Under 2003 Incentive Program Shares	1,423,000
Awards Granted Under 2003 Incentive Program Fair Value Of Date Of Grant \| $	$ 85,000,000
Awards Granted Under 2003 Incentive Program Weighted Average Grant Date Fair Value Per Share	59.67
Converted XTO Awards Restricted Stock Shares	2,783,000
Converted XTO Awards Restricted Stock Fair Value Of Date Of Grant \| $	$ 165,000,000
Converted XTO Awards Restricted Stock Weighted Average Grant Date Fair Value Per Share \| $	59.13
Unrecognized compensation cost \| $	$ 175,000,000
Unrecognized compensation cost weighted average period	3.1

Acquisition of XTO Energy, Inc. (Incentive Program, Performance stock) (Details) shares in Thousands	6 Months Ended
	Jun. 30, 2010 USD ($) shares
Statement [Line Items]
Maximum Term Of XTO Awards Under 1998 Plan	10
Maximum Term Of XTO Awards Under 2004 Plan	7
Years Until First 50 Percent Of Corporation's 2003 Incentive Program Awards Vest	3
Years Until Second 50 Percent Of Corporation's 2003 Incentive Program Awards Vest	7
Years Until First 50 Percent Of Awards Granted To Certain XTO Executives Vest	1
Years Until Second 50 Percent Of Awards Granted To Certain Xto Executives Vest Minimum	2
Years Until Second 50 Percent Of Awards Granted To Certain XTO Executives Vest Maximum	3
Period The Majority Of Converted XTO Awards Vest Over In Annual Installments Minimum	3
Period The Majority Of Converted XTO Awards Vest Over In Annual Installments Maximum	3.5
Period Over Which Stock Options Granted By XTO To Certain Senior XTO Employees Vest And Become Exercisable	1
Performance Stock Awards Related To Merger [Member]
Statement [Line Items]
Converted XTO Awards Performance Stock Shares \| shares	157
Converted XTO Awards Performance Stock Fair Value Of Date Of Grant	$ 5,000,000
Converted XTO Awards Performance Stock Weighted Average Grant Date Fair Value Per Share	30.64
Unrecognized compensation cost	$ 4,000,000
Unrecognized compensation cost weighted average period	1.2
Vesting of Converted Performance Stock 1 Member
Statement [Line Items]
Performance Stock Awards \| shares	55
Vesting Price	$ 70.45
Vesting of Converted Performance Stock 2 Member
Statement [Line Items]
Performance Stock Awards \| shares	51
Vesting Price	$ 108.49
Vesting of Converted Performance Stock 3 Member
Statement [Line Items]
Performance Stock Awards \| shares	51
Vesting Price	$ 119.76

Acquisition of XTO Energy, Inc. (Incentive Program, Stock options) (Details)	6 Months Ended
	Jun. 30, 2010 USD ($) shares
Merger Related Stock Options [Member]
Statement [Line Items]
Converted XTO Stock Options Related To Merger \| shares	12,393,000
Converted XTO Awards Stock Options Fair Value Of Date Of Grant	$ 182,000,000
Converted XTO Awards Stock Options Average Exercise Price	$ 55.15
Converted XTO Awards Stock Options Weighted Average Remaining Contractual Term	3.6
Converted XTO Stock Options Issued-Exercisable \| shares	11,500,000
Converted XTO Stock Options Issued-Exercisable Fair Value Of Date Of Grant	$ 176,000,000
Converted XTO Stock Options Issued-Exercisable Average Exercise Price	$ 53.36
Converted XTO Stock Options Issued-Exercisable Average Remaining Contractual Term	3.4
Intrinsic Value Of Stock Options	$ 129,000,000
Unrecognized compensation cost	$ 3,000,000
Unrecognized compensation cost weighted average period	1.3
Vesting Of Converted Stock Options 1 Member
Statement [Line Items]
Unvested Stock Options \| shares	206,000
Vesting Period Related To Stock Options	Ratably over 3 years
Vesting Of Converted Stock Options 2 Member
Statement [Line Items]
Unvested Stock Options \| shares	190,000
Vesting Price Related To Stock Options	$ 70.45
Vesting Of Converted Stock Options 3 Member
Statement [Line Items]
Unvested Stock Options \| shares	189,000
Vesting Price Related To Stock Options	$ 76.08
Vesting Of Converted Stock Options 4 Member
Statement [Line Items]
Unvested Stock Options \| shares	1,000
Vesting Price Related To Stock Options	$ 77.49
Vesting Of Converted Stock Options 5 Member
Statement [Line Items]
Unvested Stock Options \| shares	307,000
Vesting Price Related To Stock Options	$ 126.80

Condensed Consolidating Financial Information Related to Guaranteed Securities Issued by Subsidiaries (Statement of income) (Details) - USD ($)
$ in Millions

3 Months Ended

6 Months Ended

Jun. 30, 2010

Jun. 30, 2009

Jun. 30, 2010

Jun. 30, 2009

Sales and other operating revenue, including sales-based taxes

^[1]

$ 89,693

$ 72,167

$ 176,730

$ 134,295

2,244

1,583

4,781

3,053

549

707

1,226

1,137

92,486

74,457

182,737

138,485

48,469

36,903

95,254

64,697

8,376

8,029

16,811

16,008

3,607

3,519

7,121

6,967

3,366

3,004

6,646

5,797

407

490

1,093

841

343

450

^[1]

6,946

6,216

13,761

12,122

8,569

8,436

17,182

16,236

79,780

66,940

157,963

123,118

12,706

7,517

24,774

15,367

4,960

3,571

10,453

6,719

Net income/(loss) attributable to noncontrolling interests

7,746

3,946

14,321

8,648

186

(4)

461

148

Exxon Mobil Corporation Parent Guarantor [Member]

7,560

3,950

13,860

8,500

Sales and other operating revenue, including sales-based taxes

3,854

2,633

7,787

4,800

7,375

4,271

13,587

9,023

235

440

297

585

9,600

7,441

19,086

13,306

21,064

14,785

40,757

27,714

10,541

7,511

20,341

12,585

1,832

1,913

3,769

3,879

736

560

1,466

1,218

440

361

858

728

128

132

597

132

958

(43)

(34)

13,673

10,976

26,709

19,466

7,391

3,809

14,048

8,248

(169)

(141)

188

(252)

7,560

3,950

13,860

8,500

SeaRiver Maritime Financial Holdings Inc. [Member]

7,560

3,950

13,860

8,500

(3)

(2)

123

111

123

111

(61)

(58)

(121)

(105)

(22)

(21)

(45)

(41)

(39)

(37)

(76)

(64)

All Other Subsidiaries [Member]

(39)

(37)

(76)

(64)

Sales and other operating revenue, including sales-based taxes

85,839

69,534

168,943

129,495

2,215

1,560

4,729

3,010

314

267

929

552

80,955

64,665

161,601

117,300

169,323

136,026

336,202

250,357

125,956

98,426

250,591

176,277

7,849

7,458

15,653

14,752

3,049

3,128

6,001

6,096

2,926

2,643

5,788

5,069

354

413

965

709

975

1,272

1,929

2,894

6,946

6,216

13,761

12,122

8,562

8,479

17,167

16,270

156,617

128,035

311,855

234,189

12,706

7,991

24,347

16,168

5,151

3,733

10,310

7,012

Net income/(loss) attributable to noncontrolling interests

7,555

4,258

14,037

9,156

186

(4)

461

148

Consolidating and Eliminating Adjustments [Member]

7,369

4,262

13,576

9,008

(7,346)

(4,245)

(13,535)

(8,984)

(90,556)

(72,107)

(180,689)

(130,608)

(97,902)

(76,352)

(194,224)

(139,592)

(88,028)

(69,034)

(175,678)

(124,165)

(1,305)

(1,342)

(2,611)

(2,623)

(178)

(169)

(346)

(347)

(1,061)

(1,582)

(2,089)

(3,513)

(90,572)

(72,127)

(180,724)

(130,648)

(7,330)

(4,225)

(13,500)

(8,944)

(7,330)

(4,225)

(13,500)

(8,944)

(7,330)

(4,225)

(13,500)

(8,944)

Consolidated [Member]

Sales and other operating revenue, including sales-based taxes

89,693

72,167

176,730

134,295

2,244

1,583

4,781

3,053

549

707

1,226

1,137

92,486

74,457

182,737

138,485

48,469

36,903

95,254

64,697

8,376

8,029

16,811

16,008

3,607

3,519

7,121

6,967

3,366

3,004

6,646

5,797

407

490

1,093

841

343

450

6,946

6,216

13,761

12,122

8,569

8,436

17,182

16,236

79,780

66,940

157,963

123,118

12,706

7,517

24,774

15,367

4,960

3,571

10,453

6,719

Net income/(loss) attributable to noncontrolling interests

7,746

3,946

14,321

8,648

186

(4)

461

148