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The following information related to ExxonMobil's inventories is taken from its 2014 annual report. 3. Miscellaneous Financial Information In 2014, 2013, and 2012, net income

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The following information related to ExxonMobil's inventories is taken from its 2014 annual report. 3. Miscellaneous Financial Information In 2014, 2013, and 2012, net income included gains of $187 mllion, $282 million, and $328 million, respectively, attributable to the combined effects of LIFO inventory accumulations and dradowns. The aggregate replacement cost of inventories was estimated to exceed their LIFO carrying values by $10.6 billion and $21.2 billion at December 31, 2014 and 2013, respectively Crude oil, products, and merchandise as of year-end 2014 and 2013 consist of the following ($ in billions) 2014 2013 Petroleum products Crude oil Chemical products Gas/othcr $4.1 4.6 2.9 0.8 $12.4 $3.9 4.7 2.9 0.6 $12.1 Total The following information related to ExxonMobil's inventories is taken from its 2014 annual report. 3. Miscellaneous Financial Information In 2014, 2013, and 2012, net income included gains of $187 mllion, $282 million, and $328 million, respectively, attributable to the combined effects of LIFO inventory accumulations and dradowns. The aggregate replacement cost of inventories was estimated to exceed their LIFO carrying values by $10.6 billion and $21.2 billion at December 31, 2014 and 2013, respectively Crude oil, products, and merchandise as of year-end 2014 and 2013 consist of the following ($ in billions) 2014 2013 Petroleum products Crude oil Chemical products Gas/othcr $4.1 4.6 2.9 0.8 $12.4 $3.9 4.7 2.9 0.6 $12.1 Total

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