Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

Exxon Mobil Corp., consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

US$ in millions

	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Notes and loans payable	9,212)	5,419)	4,728)	4,955)	5,632)	6,621)	8,227)	4,090)	4,743)	3,929)	2,296)	634)	6,182)	7,367)	4,886)	4,276)	12,966)	15,293)	18,185)	20,458)	21,911)	22,952)	27,755)
Accounts payable and accrued liabilities	65,382)	59,725)	63,987)	61,297)	60,518)	60,107)	59,531)	58,037)	62,257)	54,404)	59,935)	63,197)	62,550)	67,958)	63,501)	50,766)	47,257)	45,780)	41,017)	35,221)	33,340)	33,216)	35,815)
Income taxes payable	3,256)	3,017)	5,114)	4,055)	3,843)	4,035)	4,163)	3,189)	4,186)	3,482)	4,435)	5,214)	5,325)	4,785)	3,672)	1,601)	1,633)	1,165)	948)	684)	1,217)	1,102)	1,203)
Current liabilities	77,850)	68,161)	73,829)	70,307)	69,993)	70,763)	71,921)	65,316)	71,186)	61,815)	66,666)	69,045)	74,057)	80,110)	72,059)	56,643)	61,856)	62,238)	60,150)	56,363)	56,468)	57,270)	64,773)
Long-term debt, excluding due within one year	32,824)	33,570)	32,823)	36,755)	36,918)	36,565)	32,213)	37,483)	36,510)	37,567)	39,150)	40,559)	39,246)	39,516)	42,651)	43,428)	43,639)	45,319)	45,137)	47,182)	46,888)	46,563)	31,857)
Postretirement benefits reserves	10,394)	10,352)	10,015)	9,700)	10,677)	10,398)	10,475)	10,496)	10,174)	10,278)	10,183)	10,045)	16,799)	17,408)	18,255)	18,430)	21,060)	22,082)	21,835)	22,415)	22,097)	22,341)	21,913)
Deferred income tax liabilities	39,942)	39,368)	39,091)	39,042)	40,281)	40,080)	24,106)	24,452)	23,912)	23,460)	23,195)	22,874)	21,274)	20,807)	19,533)	20,165)	19,008)	18,511)	18,113)	18,165)	24,467)	24,725)	24,863)
Long-term obligations to equity companies	1,145)	1,113)	1,381)	1,346)	1,637)	1,612)	1,909)	1,804)	2,076)	2,036)	2,376)	2,338)	2,647)	2,617)	2,875)	2,857)	3,060)	3,038)	3,279)	3,253)	3,486)	3,831)	4,024)
Other long-term obligations	23,962)	25,071)	24,963)	25,719)	26,010)	25,023)	24,242)	24,228)	20,868)	21,095)	21,387)	21,733)	23,086)	22,808)	22,872)	21,717)	20,559)	20,545)	21,155)	21,242)	20,025)	19,612)	19,631)
Long-term liabilities	108,267)	109,474)	108,273)	112,562)	115,523)	113,678)	92,945)	98,463)	93,540)	94,436)	96,291)	97,549)	103,052)	103,156)	106,186)	106,597)	107,326)	109,495)	109,519)	112,257)	116,963)	117,072)	102,288)
Total liabilities	186,117)	177,635)	182,102)	182,869)	185,516)	184,441)	164,866)	163,779)	164,726)	156,251)	162,957)	166,594)	177,109)	183,266)	178,245)	163,240)	169,182)	171,733)	169,669)	168,620)	173,431)	174,342)	167,061)
Common stock without par value	46,808)	46,629)	46,426)	46,238)	46,936)	46,781)	17,971)	17,781)	16,165)	16,029)	15,904)	15,752)	16,106)	16,018)	15,879)	15,746)	16,104)	16,006)	15,884)	15,688)	15,997)	15,812)	15,636)
Earnings reinvested	480,367)	477,061)	474,290)	470,903)	467,664)	463,294)	458,339)	453,927)	450,138)	444,731)	440,552)	432,860)	423,877)	407,902)	393,779)	392,059)	386,952)	383,922)	382,953)	383,943)	407,728)	412,124)	416,919)
Accumulated other comprehensive loss	(12,782)	(12,436)	(14,338)	(14,619)	(11,959)	(13,187)	(13,169)	(11,989)	(13,088)	(12,657)	(13,095)	(13,270)	(17,803)	(15,017)	(12,914)	(13,764)	(16,696)	(15,586)	(16,090)	(16,705)	(20,189)	(21,617)	(24,339)
Common stock held in treasury	(253,832)	(248,661)	(243,658)	(238,817)	(234,049)	(228,483)	(257,891)	(254,917)	(253,512)	(249,057)	(244,676)	(240,293)	(236,080)	(231,587)	(227,529)	(225,464)	(225,771)	(225,771)	(225,773)	(225,776)	(226,136)	(226,136)	(226,137)
Total ExxonMobil share of equity	260,561)	262,593)	262,720)	263,705)	268,592)	268,405)	205,250)	204,802)	199,703)	199,046)	198,685)	195,049)	186,100)	177,316)	169,215)	168,577)	160,589)	158,571)	156,974)	157,150)	177,400)	180,183)	182,079)
Noncontrolling interests	7,662)	7,369)	7,086)	6,901)	7,808)	7,861)	7,802)	7,736)	7,830)	7,951)	7,729)	7,424)	6,943)	7,192)	7,311)	7,106)	6,917)	6,985)	7,127)	6,980)	7,212)	6,970)	6,664)
Total equity	268,223)	269,962)	269,806)	270,606)	276,400)	276,266)	213,052)	212,538)	207,533)	206,997)	206,414)	202,473)	193,043)	184,508)	176,526)	175,683)	167,506)	165,556)	164,101)	164,130)	184,612)	187,153)	188,743)
Total liabilities and equity	454,340)	447,597)	451,908)	453,475)	461,916)	460,707)	377,918)	376,317)	372,259)	363,248)	369,371)	369,067)	370,152)	367,774)	354,771)	338,923)	336,688)	337,289)	333,770)	332,750)	358,043)	361,495)	355,804)

The financial data reveals various trends and fluctuations in Exxon Mobil Corp.'s liabilities and equity over the analyzed periods.

Notes and loans payable: This category shows a general declining trend from early 2020 through 2021, reaching a low point at the end of 2021. Subsequently, it exhibits a volatile pattern with intermittent increases and decreases through 2025, suggesting variable short-term borrowing or repayment activities.
Accounts payable and accrued liabilities: There is a steady increase in accounts payable and accrued liabilities from March 2020, peaking around mid-2022, followed by a slight decline and renewed volatility through 2025. This indicates fluctuating operational payables possibly related to changes in procurement or expense timing.
Income taxes payable: This item experiences growth between 2020 and 2022, peaking around late 2021 and early 2022. Afterward, it declines notably in 2023 and exhibits variability without a clear upward or downward trend through 2025, implying changing tax obligations or payment scheduling.
Current liabilities: Current liabilities increased through 2021 and peaked in mid-2022. Following this, they decreased considerably toward the end of 2023 but then rebounded with increased volatility into 2025, reflecting shifts in short-term obligations.
Long-term debt, excluding amounts due within one year: Long-term debt remains relatively stable but with a slight downward trajectory from 2020 through 2023. A noticeable decline occurs into 2024, with minor fluctuations thereafter, suggesting ongoing debt repayment or refinancing efforts.
Postretirement benefits reserves: This reserve declines gradually from 2020 through 2022, with a sharp drop by late 2022. Thereafter, values stabilize with minor fluctuations, indicating adjustments in postretirement liabilities or actuarial assumptions.
Deferred income tax liabilities: This liability remains relatively consistent until early 2023, after which there is a sharp jump in value in 2024, roughly doubling from preceding periods. The elevated level persists through 2025, implying significant changes in tax positions or regulatory impacts.
Long-term obligations to equity companies: A gradual decline is observed over the periods, reflecting reduced obligations or restructuring of long-term commitments to equity affiliates.
Other long-term obligations: These obligations fluctuate moderately but generally trend upwards from 2020 to 2024, peaking around late 2024, followed by a slight decline, indicating adjustments in long-term commitments.
Long-term liabilities (aggregate): Long-term liabilities show a decreasing trend from 2020 into 2023 but experience a significant increase starting in 2024, coinciding with the rise in deferred tax liabilities, and maintain higher levels through 2025.
Total liabilities: Total liabilities broadly rise from 2020 through mid-2022, peak around that time, and subsequently decrease in 2023 before another increase from 2024 onward, reflecting combined effects of short-term and long-term liability changes.
Common stock without par value: Shares outstanding reflected by common stock remain relatively stable through 2021 and early 2022. A sharp increase is observed in 2024, suggesting issuance of additional equity or reclassification thereof.
Earnings reinvested (retained earnings): There is a consistent and steady growth in earnings reinvested from 2020 to 2025, indicating profitability and retention of earnings to support company operations and growth.
Accumulated other comprehensive loss: This item fluctuates moderately with no obvious directional trend but remains negative, suggesting ongoing unrealized losses or adjustments related to items such as foreign currency translation, pension adjustments, or other comprehensive items.
Common stock held in treasury: The treasury stock increases steadily in magnitude (more negative) from 2020 through late 2023, reflecting ongoing share repurchases, before a marked decrease in magnitude in 2024, which correlates with the increase in common stock without par value, indicating possible reissuance of treasury shares.
Total ExxonMobil share of equity: Equity attributable to the company initially declines markedly through 2020 into early 2021, then recovers with steady growth through 2023. A sharp increase occurs in 2024, consistent with changes seen in common stock, followed by stabilization and minor fluctuations through 2025.
Noncontrolling interests: Noncontrolling interests remain fairly stable with minor increases and decreases across the periods, indicating steady minority shareholder stakes in subsidiaries.
Total equity: Total equity mirrors the trends in ExxonMobil’s share of equity, with a noticeable dip during 2020 and early 2021 followed by recovery and growth through 2023. A significant jump in 2024 is recorded, maintaining elevated levels into 2025.
Total liabilities and equity: The aggregate balance of liabilities and equity approximately follows a U-shaped pattern, decreasing during 2020 and 2021, stabilizing in 2022 and 2023, then experiencing a considerable increase starting in 2024 through 2025, indicating an overall growth in the company’s balance sheet size in the most recent years.

Overall, the financial data shows the impact of varying operational conditions, capital structure changes, and tax position adjustments over the periods. Notably, the marked shifts in deferred tax liabilities and common stock in 2024 indicate significant corporate actions or regulatory effects that materially influenced balance sheet components during that timeframe.

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Exxon Mobil Corp. (NYSE:XOM)

Balance Sheet: Liabilities and Stockholders’ EquityQuarterly Data

Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data