Exxon 2008 Annual Report Download - page 41

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SUMMARY BALANCE SHEET AT YEAR END
(millions of dollars)
2008 2007
Assets
Current assets
Cash and cash equivalents 31,437
33,981
Marketable securities 570
519
Notes and accounts receivable,
less estimated doubtful amounts 24,702
36,450
Inventories
Crude oil, products and merchandise 9,331
8,863
Materials and supplies 2,315
2,226
Other current assets 3,911
3,924
Total current assets 72,266
85,963
Investments, advances, and long-term receivables 28,556
28,194
Property, plant and equipment, at cost,
less accumulated depreciation and depletion 121,346
120,869
Other assets, including intangibles, net 5,884
7,056
Total assets 228,052
242,082
Liabilities
Current liabilities
Notes and loans payable 2,400
2,383
Accounts payable and accrued liabilities 36,643
45,275
Income taxes payable 10,057
10,654
Total current liabilities 49,100
58,312
Long-term debt 7,025
7,183
Postretirement benefits reserves 20,729
13,278
Deferred income tax liabilities 19,726
22,899
Other long-term obligations 13,949
14,366
Equity of minority interests 4,558
4,282
Total liabilities 115,087
120,320
Commitments and contingencies(1)
Shareholders’ Equity
Common stock without par value 5,314
4,933
Earnings reinvested 265,680
228,518
Accumulated other comprehensive income
Cumulative foreign exchange translation adjustment 1,146
7,972
Postretirement benefits reserves adjustment (11,077)
(5,983)
Common stock held in treasury (148,098)
(113,678)
Total shareholders’ equity 112,965
121,762
Total liabilities and shareholders’ equity 228,052
242,082
(1) For more information, please refer to Appendix A, Note 15 of ExxonMobil’s 2009 Proxy Statement.
The information in the Summary Statement of Income (for 2006 to 2008), the Summary Balance Sheet (for 2007 and 2008), and the Summary Statement of Cash Flows (for 2006
to 2008), shown on pages 38 through 40, corresponds to the information in the Consolidated Statement of Income, Consolidated Balance Sheet, and the Consolidated Statement
of Cash Flows in the financial statements of ExxonMobil’s 2009 Proxy Statement. For complete consolidated financial statements, including notes, please refer to Appendix A of
ExxonMobil’s 2009 Proxy Statement. See also Management’s Discussion and Analysis of Financial Condition and Results of Operations and other information
in Appendix A of the 2009 Proxy Statement.
E X X O N ฀ M O B I L ฀ C O R P O R A T I O N ฀ •฀ 2 0 0 8 ฀ S U M M A R Y ฀ A N N U A L ฀ R E P O R T 39