Cash Flow Statement

The cash flow statement provides information about a company cash receipts and cash payments during an accounting period, showing how these cash flows link the ending cash balance to the beginning balance shown on the company balance sheet.

The cash flow statement consists of three parts: cash flows provided by (used in) operating activities, cash flows provided by (used in) investing activities, and cash flows provided by (used in) financing activities.

Exxon Mobil Corp., consolidated cash flow statement

US$ in millions

12 months ended:	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net income (loss) including noncontrolling interests	37,354)	57,577)	23,598)	(23,251)	14,774)
Depreciation and depletion, includes impairments	20,641)	24,040)	20,607)	46,009)	18,998)
Deferred income tax charges (credits)	634)	3,758)	303)	(8,856)	(944)
Postretirement benefits expense in excess of (less than) net payments	90)	(2,981)	754)	498)	109)
Other long-term obligation provisions in excess of (less than) payments	(1,501)	(1,932)	50)	(1,269)	(3,038)
Adjustments for noncash transactions	19,864)	22,885)	21,714)	36,382)	15,125)
Dividends received greater than (less than) equity in current earnings of equity companies	509)	(2,446)	(668)	979)	(936)
Notes and accounts receivable, reduction (increase)	4,370)	(11,019)	(12,098)	5,384)	(2,640)
Inventories, reduction (increase)	(3,472)	(6,947)	(489)	(315)	72)
Other current assets, reduction (increase)	(426)	(688)	(71)	420)	(234)
Accounts and other payables, increase (reduction)	(4,727)	18,460)	16,820)	(7,142)	3,725)
Changes in operational working capital, excluding cash and debt	(4,255)	(194)	4,162)	(1,653)	923)
Net (gain) loss on asset sales	(513)	(1,034)	(1,207)	4)	(1,710)
All other items, net	2,410)	9)	530)	2,207)	1,540)
Net cash provided by operating activities	55,369)	76,797)	48,129)	14,668)	29,716)
Additions to property, plant and equipment	(21,919)	(18,407)	(12,076)	(17,282)	(24,361)
Proceeds from asset sales and returns of investments	4,078)	5,247)	3,176)	999)	3,692)
Additional investments and advances	(2,995)	(3,090)	(2,817)	(4,857)	(3,905)
Other investing activities including collection of advances	1,562)	1,508)	1,482)	2,681)	1,490)
Net cash used in investing activities	(19,274)	(14,742)	(10,235)	(18,459)	(23,084)
Additions to long-term debt	939)	637)	46)	23,186)	7,052)
Reductions in long-term debt	(15)	(5)	(8)	(8)	(1)
Additions to short-term debt	—)	198)	12,687)	35,396)	18,967)
Reductions in short-term debt	(879)	(8,075)	(29,396)	(28,742)	(18,367)
Additions (reductions) in debt with three months or less maturity	(284)	25)	(2,983)	(9,691)	1,011)
Contingent consideration payments	(68)	(58)	(30)	(21)	—)
Cash dividends to ExxonMobil shareholders	(14,941)	(14,939)	(14,924)	(14,865)	(14,652)
Cash dividends to noncontrolling interests	(531)	(267)	(224)	(188)	(192)
Changes in noncontrolling interests	(770)	(1,475)	(436)	623)	158)
Common stock acquired	(17,748)	(15,155)	(155)	(405)	(594)
Net cash provided by (used in) financing activities	(34,297)	(39,114)	(35,423)	5,285)	(6,618)
Effects of exchange rate changes on cash	105)	(78)	(33)	(219)	33)
Increase (decrease) in cash and cash equivalents	1,903)	22,863)	2,438)	1,275)	47)
Cash and cash equivalents at beginning of year	29,665)	6,802)	4,364)	3,089)	3,042)
Cash and cash equivalents at end of year	31,568)	29,665)	6,802)	4,364)	3,089)

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

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Cash flow statement item	Description	The company
Net cash provided by operating activities	Amount of cash inflow (outflow) from operating activities, excluding discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities.	Exxon Mobil Corp. net cash provided by operating activities increased from 2021 to 2022 but then slightly decreased from 2022 to 2023 not reaching 2021 level.
Net cash used in investing activities	Amount of cash inflow (outflow) of investing activities, excluding discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets.	Exxon Mobil Corp. net cash used in investing activities decreased from 2021 to 2022 and from 2022 to 2023.
Net cash provided by (used in) financing activities	Amount of cash inflow (outflow) of financing activities, excluding discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit.	Exxon Mobil Corp. net cash provided by (used in) financing activities decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level.

Exxon Mobil Corp. (NYSE:XOM)

Cash Flow Statement