Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Hi based on this summary balance sheet for ExxonMobil please list and explain the company's Assets, Liabilities, Equity, and Disclosures thank you EXXONMOBIL 2018 FINANCIAL

Hi based on this summary balance sheet for ExxonMobil please list and explain the company's Assets, Liabilities, Equity, and Disclosures

image text in transcribed

thank you

EXXONMOBIL 2018 FINANCIAL & OPERATING REVIEW SUMMARY BALANCE SHEET AT YEAR END milions of dollars) 2018 3,042 24,701 Assets Current assets Cash and cash equivalents Cash and cash equivalents - restricted Notes and accounts receivable, less estimated doubtful amounts Inventories Crude oil products and merchandise Materials and supplies Other current assets Total current assets Investments, advances and long-term receivables Property, plant and equipment, at cost less accumulated depreciation and depletion Other assets, including intangibles.net Total assets 14,803 4,155 1,272 47,973 40,790 247,101 10,332 346,196 Liabilities Current liabilities Notes and loans payable Accounts payable and accrued liabilities Income taxes payable Total current liabilities Long-term debt Postretirement benefits reserves Deferred income tax liabilities Long-term obligations to equity companies Other long-term obligations Total liabilities Commitments and contingencies 17,258 37,268 2,612 57,138 20,538 20,272 27,244 4,382 18,094 147,668 Equity Common stock without par value Earnings reinvested Accumulated other comprehensive income Common stock held in treasury ExxonMobil share of equity Noncontrolling interests Total equity Total liabilities and equity 15,258 421,653 (19,564) (225,553) 191,794 6,734 346,196 (1) For more information, please refer to Note 16 in the Financial section of Econ Mobil's 2018 Form 10-K The information in the Summary statement of income for 2016 to 2018), the Summary balance sheet for 2017 and 20181, and the Summary state information in the Consoldated statement of income, the Consolidated balance sheet, and the Consolidated statement of cash flows in the financia financial condition and results of operations and other information in the Financial section of the 2018 Form 10-K

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Finance questions

Question

What is the role of a scrubber in chemical engineering?

Answered: 1 week ago