10-Q

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D. C. 20549

FORM 10-Q

x   QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF

THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended September 30, 2012

or

¨  TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF

THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from __________to________

Commission File Number 1-2256

EXXON MOBIL CORPORATION

(Exact name of registrant as specified in its charter)

      NEW JERSEY                                                                           13-5409005

(State or other jurisdiction of                                                                                     (I.R.S. Employer

incorporation or organization)                                                                               Identification Number) 

5959 Las Colinas Boulevard, Irving, Texas                                        75039-2298

(Address of principal executive offices)                                                                         (Zip Code)

(972) 444-1000

(Registrant's telephone number, including area code)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.  Yes x   No ¨ 

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).   Yes x  No ¨ 

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company.  See the definitions of "large accelerated filer," "accelerated filer" and "smaller reporting company" in Rule 12b-2 of the Exchange Act.

Large accelerated filer	x	Accelerated filer	¨
Non-accelerated filer	¨	Smaller reporting company	¨

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).  Yes ¨    No x

Indicate the number of shares outstanding of each of the issuer's classes of common stock, as of the latest practicable date.

Class                              Outstanding as of September 30, 2012

Common stock, without par value                                                   4,559,342,639

EXXON MOBIL CORPORATION

FORM 10-Q

FOR THE QUARTERLY PERIOD ENDED SEPTEMBER 30,  2012

TABLE OF CONTENTS

		Page Number
PART I.  FINANCIAL INFORMATION
Item 1.       Financial Statements
Condensed Consolidated Statement of Income Three and nine months ended September 30, 2012 and 2011	3
Condensed Consolidated Statement of Comprehensive Income Three and nine months ended September 30, 2012 and 2011	4
Condensed Consolidated Balance Sheet As of September 30, 2012 and December 31, 2011	5
Condensed Consolidated Statement of Cash Flows           Nine months ended September 30, 2012 and 2011	6
Condensed Consolidated Statement of Changes in Equity           Nine months ended September 30, 2012 and 2011	7
Notes to Condensed Consolidated Financial Statements	8
Item 2.       Management's Discussion and Analysis of Financial                      Condition and Results of Operations	16
Item 3.       Quantitative and Qualitative Disclosures About Market Risk	21
Item 4.       Controls and Procedures	21
PART II.  OTHER INFORMATION
Item 1.       Legal Proceedings	22
Item 2.       Unregistered Sales of Equity Securities and Use of Proceeds	23
Item 6.       Exhibits	23
Signature	24
Index to Exhibits	25

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PART I.  FINANCIAL INFORMATION
Item 1.  Financial Statements
EXXON MOBIL CORPORATION
CONDENSED CONSOLIDATED STATEMENT OF INCOME
(millions of dollars)
		Three Months Ended				Nine Months Ended
		September 30,				September 30,
			2012		2011		2012		2011
REVENUES AND OTHER INCOME
Sales and other operating revenue (1)		$	111,554	$	120,475	$	343,488	$	351,120
Income from equity affiliates			3,386		3,915		11,247		11,462
Other income			766		940		12,387		2,238
	Total revenues and other income		115,706		125,330		367,122		364,820
COSTS AND OTHER DEDUCTIONS
Crude oil and product purchases			65,180		69,289		201,349		199,233
Production and manufacturing expenses			9,128		10,199		28,765		30,041
Selling, general and administrative expenses			3,468		3,764		10,555		11,072
Depreciation and depletion			4,037		3,866		11,778		11,508
Exploration expenses, including dry holes			494		728		1,388		1,654
Interest expense			59		98		216		172
Sales-based taxes (1)			8,137		8,484		24,657		25,013
Other taxes and duties			7,883		10,222		27,388		29,911
	Total costs and other deductions		98,386		106,650		306,096		308,604
Income before income taxes			17,320		18,680		61,026		56,216
	Income taxes		7,394		8,009		23,647		23,734
Net income including noncontrolling interests			9,926		10,671		37,379		32,482
	Net income attributable to noncontrolling interests		356		341		2,449		822
Net income attributable to ExxonMobil		$	9,570	$	10,330	$	34,930	$	31,660
Earnings per common share (dollars)		$	2.09	$	2.13	$	7.50	$	6.46
Earnings per common share - assuming dilution (dollars)		$	2.09	$	2.13	$	7.50	$	6.45
Dividends per common share(dollars)		$	0.57	$	0.47	$	1.61	$	1.38
(1) Sales-based taxes included in sales and other
	operating revenue	$	8,137	$	8,484	$	24,657	$	25,013

The information in the Notes to Condensed Consolidated Financial Statements

is an integral part of these statements.

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EXXON MOBIL CORPORATION
CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME
(millions of dollars)
					Three Months Ended				Nine Months Ended
					September 30,				September 30,
					2012		2011		2012		2011
	Net income including noncontrolling interests				$	9,926	$	10,671	$	37,379	$	32,482
	Other comprehensive income (net of income taxes)
		Foreign exchange translation adjustment				1,620		(3,336)		1,298		(1,224)
		Adjustment for foreign exchange translation (gain)/loss
				included in net income		(119)		-		(4,354)		-
		Postretirement benefits reserves adjustment
				(excluding amortization)		(224)		272		(404)		(293)
		Amortization and settlement of postretirement benefits reserves
				adjustment included in net periodic benefit costs		454		298		2,083		929
		Change in fair value of cash flow hedges				-		14		-		24
		Realized (gain)/loss from settled cash flow hedges
				included in net income		-		(17)		-		(50)
			Total other comprehensive income			1,731		(2,769)		(1,377)		(614)
	Comprehensive income including noncontrolling interests					11,657		7,902		36,002		31,868
		Comprehensive income attributable to
				noncontrolling interests		541		101		1,062		713
	Comprehensive income attributable to ExxonMobil				$	11,116	$	7,801	$	34,940	$	31,155

The information in the Notes to Condensed Consolidated Financial Statements

is an integral part of these statements.

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EXXON MOBIL CORPORATION
CONDENSED CONSOLIDATED BALANCE SHEET
(millions of dollars)
			Sept. 30,		Dec. 31,
			2012		2011
ASSETS
Current assets
	Cash and cash equivalents		$	13,055	$	12,664
	Cash and cash equivalents – restricted			206		404
	Notes and accounts receivable – net			36,635		38,642
	Inventories
		Crude oil, products and merchandise		13,010		11,665
		Materials and supplies		3,565		3,359
	Other current assets			5,667		6,229
		Total current assets		72,138		72,963
Investments, advances and long-term receivables				35,105		34,333
Property, plant and equipment – net				220,330		214,664
Other assets, including intangibles – net				7,618		9,092
		Total assets	$	335,191	$	331,052
LIABILITIES
Current liabilities
	Notes and loans payable		$	3,496	$	7,711
	Accounts payable and accrued liabilities			53,516		57,067
	Income taxes payable			13,049		12,727
		Total current liabilities		70,061		77,505
Long-term debt				8,928		9,322
Postretirement benefits reserves				21,652		24,994
Deferred income tax liabilities				37,642		36,618
Other long-term obligations				24,553		21,869
		Total liabilities		162,836		170,308
Commitments and contingencies (Note 2)
EQUITY
Common stock, without par value:
	Authorized:   9,000 million shares
	Issued:         8,019 million shares			9,645		9,512
Earnings reinvested				358,369		330,939
Accumulated other comprehensive income				(9,113)		(9,123)
Common stock held in treasury:
	3,460 million shares at September 30, 2012			(192,188)
	3,285 million shares at December 31, 2011					(176,932)
		ExxonMobil share of equity		166,713		154,396
Noncontrolling interests				5,642		6,348
		Total equity		172,355		160,744
		Total liabilities and equity	$	335,191	$	331,052

The number of shares of common stock issued and outstanding at September 30, 2012 and December 31, 2011 were 4,559,342,639 and 4,733,948,268, respectively.

The information in the Notes to Condensed Consolidated Financial Statements

is an integral part of these statements.

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EXXON MOBIL CORPORATION
CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS
(millions of dollars)
				Nine Months Ended
				September 30,
				2012		2011
CASH FLOWS FROM OPERATING ACTIVITIES
	Net income including noncontrolling interests			$	37,379	$	32,482
	Depreciation and depletion				11,778		11,508
	Changes in operational working capital, excluding cash and debt				3,119		2,154
	Net (gain) on asset sales				(11,693)		(1,269)
	All other items – net				2,363		(281)
			Net cash provided by operating activities		42,946		44,594
CASH FLOWS FROM INVESTING ACTIVITIES
	Additions to property, plant and equipment				(24,214)		(22,341)
	Proceeds associated with sales of subsidiaries, property, plant and
		equipment, and sales and returns of investments			6,850		4,246
	Additional investments and advances				(768)		(3,122)
	Additions to marketable securities				-		(1,754)
	Sales of marketable securities				-		1,674
	Other investing activities – net				1,533		1,144
			Net cash used in investing activities		(16,599)		(20,153)
CASH FLOWS FROM FINANCING ACTIVITIES
	Additions to long-term debt				597		457
	Reductions in long-term debt				(15)		(236)
	Additions/(reductions) in short-term debt – net				(3,506)		1,414
	Cash dividends to ExxonMobil shareholders				(7,500)		(6,773)
	Cash dividends to noncontrolling interests				(287)		(264)
	Changes in noncontrolling interests				198		(12)
	Tax benefits related to stock-based awards				-		220
	Common stock acquired				(15,814)		(16,633)
	Common stock sold				184		616
			Net cash used in financing activities		(26,143)		(21,211)
Effects of exchange rate changes on cash					187		(33)
Increase/(decrease) in cash and cash equivalents					391		3,197
Cash and cash equivalents at beginning of period					12,664		7,825
Cash and cash equivalents at end of period				$	13,055	$	11,022
SUPPLEMENTAL DISCLOSURES
	Income taxes paid			$	17,895	$	20,349
	Cash interest paid			$	387	$	390

The information in the Notes to Condensed Consolidated Financial Statements

is an integral part of these statements.

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EXXON MOBIL CORPORATION
CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
(millions of dollars)
		ExxonMobil Share of Equity
						Accumulated
							Other		Common
							Compre-		Stock		ExxonMobil		Non-
		Common		Earnings			hensive		Held in		Share of		controlling		Total
		Stock		Reinvested			Income		Treasury		Equity		Interests		Equity
Balance as of December 31, 2010		$	9,371	$	298,899		$	(4,823)	$	(156,608)	$	146,839	$	5,840	$	152,679
Amortization of stock-based awards			572		-			-		-		572		-		572
Tax benefits related to stock-based awards			159		-			-		-		159		-		159
Other			(596)		-			-		-		(596)		(4)		(600)
Net income for the period			-		31,660			-		-		31,660		822		32,482
Dividends – common shares			-		(6,773)			-		-		(6,773)		(264)		(7,037)
Other comprehensive income			-		-			(505)		-		(505)		(109)		(614)
Acquisitions, at cost			-		-			-		(16,633)		(16,633)		(12)		(16,645)
Dispositions			-		-			-		1,216		1,216		-		1,216
Balance as of September 30, 2011		$	9,506	$	323,786		$	(5,328)	$	(172,025)	$	155,939	$	6,273	$	162,212
Balance as of December 31, 2011		$	9,512	$	330,939		$	(9,123)	$	(176,932)	$	154,396	$	6,348	$	160,744
Amortization of stock-based awards			618		-			-		-		618		-		618
Tax benefits related to stock-based awards			252		-			-		-		252		-		252
Other			(737)		-			-		-		(737)		(1,450)		(2,187)
Net income for the period			-		34,930			-		-		34,930		2,449		37,379
Dividends – common shares			-		(7,500)			-		-		(7,500)		(287)		(7,787)
Other comprehensive income			-		-			10		-		10		(1,387)		(1,377)
Acquisitions, at cost			-		-			-		(15,814)		(15,814)		(31)		(15,845)
Dispositions			-		-			-		558		558		-		558
Balance as of September 30, 2012		$	9,645	$	358,369		$	(9,113)	$	(192,188)	$	166,713	$	5,642	$	172,355
		Nine Months Ended September 30, 2012									Nine Months Ended September 30, 2011
				Held in									Held in
Common Stock Share Activity		Issued		Treasury			Outstanding				Issued		Treasury		Outstanding
		(millions of shares)									(millions of shares)
Balance as of December 31			8,019		(3,285)			4,734				8,019		(3,040)		4,979
	Acquisitions		-		(185)			(185)				-		(209)		(209)
	Dispositions		-		10			10				-		23		23
Balance as of September 30			8,019		(3,460)			4,559				8,019		(3,226)		4,793

The information in the Notes to Condensed Consolidated Financial Statements

is an integral part of these statements.

-7-

EXXON MOBIL CORPORATION

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

1.     Basis of Financial Statement Preparation

These unaudited condensed consolidated financial statements should be read in the context of the consolidated financial statements and notes thereto filed with the Securities and Exchange Commission in the Corporation's 2011 Annual Report on Form 10-K.  In the opinion of the Corporation, the information furnished herein reflects all known accruals and adjustments necessary for a fair statement of the results for the periods reported herein.  All such adjustments are of a normal recurring nature.  The Corporation's exploration and production activities are accounted for under the "successful efforts" method.

2.     Litigation and Other Contingencies

Litigation

A variety of claims have been made against ExxonMobil and certain of its consolidated subsidiaries in a number of pending lawsuits. Management has regular litigation reviews, including updates from corporate and outside counsel, to assess the need for accounting recognition or disclosure of these contingencies. The Corporation accrues an undiscounted liability for those contingencies where the incurrence of a loss is probable and the amount can be reasonably estimated. If a range of amounts can be reasonably estimated and no amount within the range is a better estimate than any other amount, then the minimum of the range is accrued. The Corporation does not record liabilities when the likelihood that the liability has been incurred is probable but the amount cannot be reasonably estimated or when the liability is believed to be only reasonably possible or remote. For contingencies where an unfavorable outcome is reasonably possible and which are significant, the Corporation discloses the nature of the contingency and, where feasible, an estimate of the possible loss. For purposes of our contingency disclosures, “significant” includes material matters as well as other matters which management believes should be disclosed. ExxonMobil will continue to defend itself vigorously in these matters. Based on a consideration of all relevant facts and circumstances, the Corporation does not believe the ultimate outcome of any currently pending lawsuit against ExxonMobil will have a material adverse effect upon the Corporation's operations, financial condition, or financial statements taken as a whole.

On June 30, 2011, a state district court jury in Baltimore County, Maryland returned a verdict against Exxon Mobil Corporation in Allison, et al v. Exxon Mobil Corporation, a case involving an accidental 26,000 gallon gasoline leak at a suburban Baltimore service station. The verdict included approximately $497 million in compensatory damages and approximately $1.0 billion in punitive damages in a finding that ExxonMobil fraudulently misled the plaintiff-residents about the events leading up to the leak, the leak's discovery, and the nature and extent of any groundwater contamination. ExxonMobil believes the verdict is not justified by the evidence and that the amount of the compensatory award is grossly excessive and the imposition of punitive damages is improper and unconstitutional. The trial court denied a post-trial motion that ExxonMobil filed to overturn the punitive damages verdict and entered a final judgment in the amount of $1,488 million. ExxonMobil has appealed the verdict and judgment. The appeal is pending before the Maryland Court of Appeals. In an earlier trial involving the same leak and different plaintiffs, the jury awarded compensatory damages but rejected the plaintiffs' punitive damages claims. Those plaintiffs did not appeal the jury's denial of punitive damages. On February 9, 2012, the Maryland Court of Special Appeals reversed in part and affirmed in part the trial court's decision on compensatory damages in that case. The Maryland Court of Appeals granted writs of certiorari to both parties in response to their separate petitions seeking reversals of portions of the Court of Special Appeals' decision. The appeals in both of these cases were consolidated before the Maryland Court of Appeals and arguments were held on November 5, 2012.  The ultimate outcome of all of this litigation is not expected to have a material adverse effect upon the Corporation's operations, financial condition, or financial statements taken as a whole.

Other Contingencies

The Corporation and certain of its consolidated subsidiaries were contingently liable at September 30, 2012, for guarantees relating to notes, loans and performance under contracts. These guarantees are not reasonably likely to have a material effect on the Corporation’s financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources.

-8-

			As of September 30, 2012
			Equity		Other
			Company		Third Party
			Obligations (1)		Obligations		Total
			(millions of dollars)
Guarantees
	Debt-related		$	2,224	$	56	$	2,280
	Other			3,243		4,211		7,454
		Total	$	5,467	$	4,267	$	9,734
(1) ExxonMobil share

Additionally, the Corporation and its affiliates have numerous long-term sales and purchase commitments in their various business activities, all of which are expected to be fulfilled with no adverse consequences material to the Corporation’s operations or financial condition. The Corporation's outstanding unconditional purchase obligations at September 30, 2012, were similar to those at the prior year-end period. Unconditional purchase obligations as defined by accounting standards are those long-term commitments that are noncancelable or cancelable only under certain conditions, and that third parties have used to secure financing for the facilities that will provide the contracted goods or services.

The operations and earnings of the Corporation and its affiliates throughout the world have been, and may in the future be, affected from time to time in varying degree by political developments and laws and regulations, such as forced divestiture of assets; restrictions on production, imports and exports; price controls; tax increases and retroactive tax claims; expropriation of property; cancellation of contract rights and environmental regulations.  Both the likelihood of such occurrences and their overall effect upon the Corporation vary greatly from country to country and are not predictable.

In accordance with a nationalization decree issued by Venezuela’s president in February 2007, by May 1, 2007 a subsidiary of the Venezuelan National Oil Company (PdVSA) assumed the operatorship of the Cerro Negro Heavy Oil Project. This Project had been operated and owned by ExxonMobil affiliates holding a 41.67 percent ownership interest in the Project.  The decree also required conversion of the Cerro Negro Project into a “mixed enterprise” and an increase in PdVSA’s or one of its affiliate’s ownership interest in the Project, with the stipulation that if ExxonMobil refused to accept the terms for the formation of the mixed enterprise within a specified period of time, the government would “directly assume the activities” carried out by the joint venture.  ExxonMobil refused to accede to the terms proffered by the government, and on June 27, 2007, the government expropriated ExxonMobil’s 41.67 percent interest in the Cerro Negro Project.  ExxonMobil’s remaining net book investment in Cerro Negro producing assets is about $750 million.

On September 6, 2007, affiliates of ExxonMobil filed a Request for Arbitration with the International Centre for Settlement of Investment Disputes (ICSID) invoking ICSID jurisdiction under Venezuela’s Investment Law and the Netherlands-Venezuela Bilateral Investment Treaty. The ICSID Tribunal issued a decision on June 10, 2010, finding that it had jurisdiction to proceed on the basis of the Netherlands-Venezuela Bilateral Investment Treaty. The ICSID arbitration proceeding is continuing and a hearing on the merits was held in February 2012.  At this time, the net impact of these matters on the Corporation’s consolidated financial results cannot be reasonably estimated. Regardless, the Corporation does not expect the resolution to have a material effect upon the Corporation’s operations or financial condition.

An affiliate of ExxonMobil is one of the Contractors under a Production Sharing Contract (PSC) with the Nigerian National Petroleum Corporation (NNPC) covering the Erha block located in the offshore waters of Nigeria. ExxonMobil's affiliate is the operator of the block and owns a 56.25 percent interest under the PSC. The Contractors are in dispute with NNPC regarding NNPC's lifting of crude oil in excess of its entitlement under the terms of the PSC. In accordance with the terms of the PSC, the Contractors initiated arbitration in Abuja, Nigeria, under the Nigerian Arbitration and Conciliation Act. On October 24, 2011, a three-member arbitral Tribunal issued an award upholding the Contractors' position in all material respects and awarding damages to the Contractors jointly in an amount of approximately $1.8 billion plus $234 million in accrued interest. The Contractors petitioned a Nigerian federal court for enforcement of the award, and NNPC petitioned the same court to have the award set aside. On May 22, 2012, the court set aside the award.  The Contractors have appealed that judgment. At this time, the net impact of this matter on the Corporation's consolidated financial results cannot be reasonably estimated. However, regardless of the outcome of enforcement proceedings, the Corporation does not expect the proceedings to have a material effect upon the Corporation's operations or financial condition. 

-9-

3.     Other Comprehensive Income Information

			ExxonMobil Share of Accumulated
			Other Comprehensive Income
			Cumulative		Post-		Unrealized
			Foreign		retirement		Change in
			Exchange		Benefits		Fair Value
			Translation		Reserves		on Cash
			Adjustment		Adjustment		Flow Hedges		Total
		(millions of dollars)
Balance as of December 31, 2010			$	5,011	$	(9,889)	$	55	$	(4,823)
Current period change excluding amounts reclassified
	from accumulated other comprehensive income			(1,110)		(252)		24		(1,338)
Amounts reclassified from accumulated other
	comprehensive income			-		883		(50)		833
Total change in accumulated other comprehensive
	income			(1,110)		631		(26)		(505)
Balance as of September 30, 2011			$	3,901	$	(9,258)	$	29	$	(5,328)
Balance as of December 31, 2011			$	4,168	$	(13,291)	$	-	$	(9,123)
Current period change excluding amounts reclassified
	from accumulated other comprehensive income			1,159		(351)		-		808
Amounts reclassified from accumulated other
	comprehensive income			(2,603)		1,805		-		(798)
Total change in accumulated other comprehensive
	income			(1,444)		1,454		-		10
Balance as of September 30, 2012			$	2,724	$	(11,837)	$	-	$	(9,113)

			Three Months Ended				Nine Months Ended
			September 30,				September 30,
			2012		2011		2012		2011
			(millions of dollars)
Income Tax (Expense)/Credit For
	Components of Other Comprehensive Income
Foreign exchange translation adjustment			$	(55)	$	121	$	(92)	$	34
Postretirement benefits reserves adjustment
	Postretirement benefits reserves adjustment
		(excluding amortization)		100		(111)		190		126
	Amortization and settlement of postretirement benefits reserves
		adjustment included in net periodic benefit costs		(200)		(132)		(1,132)		(433)
Unrealized change in fair value on cash flow hedges
	Change in fair value of cash flow hedges			-		(9)		-		(14)
	Realized (gain)/loss from settled cash flow hedges
		included in net income		-		11		-		31
Total			$	(155)	$	(120)	$	(1,034)	$	(256)

-10-

4.     Earnings Per Share

			Three Months Ended				Nine Months Ended
			September 30,				September 30,
			2012		2011		2012		2011
Earnings per common share
Net income attributable to ExxonMobil (millions of dollars)			$	9,570	$	10,330	$	34,930	$	31,660
Weighted average number of common shares
	outstanding (millions of shares)			4,597		4,839		4,657		4,902
Earnings per common share (dollars)			$	2.09	$	2.13	$	7.50	$	6.46
Earnings per common share - assuming dilution
Net income attributable to ExxonMobil (millions of dollars)			$	9,570	$	10,330	$	34,930	$	31,660
Weighted average number of common shares
	outstanding (millions of shares)			4,597		4,839		4,657		4,902
		Effect of employee stock-based awards		-		4		-		6
Weighted average number of common shares
	outstanding - assuming dilution			4,597		4,843		4,657		4,908
Earnings per common share
	- assuming dilution (dollars)		$	2.09	$	2.13	$	7.50	$	6.45

-11-

5.     Pension and Other Postretirement Benefits

				Three Months Ended				Nine Months Ended
				September 30,				September 30,
				2012		2011		2012		2011
				(millions of dollars)
Pension Benefits - U.S.
	Components of net benefit cost
		Service cost		$	173	$	148	$	489	$	397
		Interest cost			205		198		615		594
		Expected return on plan assets			(196)		(192)		(590)		(577)
		Amortization of actuarial loss/(gain) and prior
			service cost		146		123		436		370
		Net pension enhancement and
			curtailment/settlement cost		123		64		369		266
		Net benefit cost		$	451	$	341	$	1,319	$	1,050
Pension Benefits - Non-U.S.
	Components of net benefit cost
		Service cost		$	156	$	147	$	490	$	432
		Interest cost			279		317		859		956
		Expected return on plan assets			(269)		(293)		(831)		(879)
		Amortization of actuarial loss/(gain) and prior
			service cost		228		189		719		566
		Net pension enhancement and
			curtailment/settlement cost (1)		109		7		1,538		7
		Net benefit cost		$	503	$	367	$	2,775	$	1,082
Other Postretirement Benefits
	Components of net benefit cost
		Service cost		$	31	$	30	$	100	$	94
		Interest cost			89		96		293		300
		Expected return on plan assets			(9)		(10)		(30)		(32)
		Amortization of actuarial loss/(gain) and prior
			service cost		48		47		156		153
		Net benefit cost		$	159	$	163	$	519	$	515

(1)Non-U.S. net pension enhancement and curtailment/settlement cost for the nine months ended September 30, 2012, includes $1,420 million (on a consolidated‑company, before‑tax basis) of accumulated other comprehensive income for the postretirement benefit reserves adjustment that was recycled into earnings and included in the Japan restructuring gain reported in “Other income” (See Note 9).

-12-

6.     Financial Instruments

The fair value of financial instruments is determined by reference to observable market data and other valuation techniques as appropriate.  The only category of financial instruments where the difference between fair value and recorded book value is notable is long-term debt.  The estimated fair value of total long-term debt, including capitalized lease obligations, was $9.5 billion at September 30, 2012, and $9.8 billion at December 31, 2011, as compared to recorded book values of $8.9 billion at September 30, 2012, and $9.3 billion at December 31, 2011.  The fair value of long-term debt by hierarchy level at September 30, 2012, is shown below:

		As of September 30, 2012
	Level 1		Level 2		Level 3		Total
	(millions of dollars)
Long-term debt fair value		$ 6,594		$ 2,609		$ 322		$ 9,525

The fair value hierarchy for long-term debt is primarily Level 1 and represents quoted prices in active markets. Level 2 includes debt whose fair value is based upon a publicly available index.  The Level 3 amount is primarily capitalized leases whose value is typically determined through the use of present value and specific contract terms.

-13-

7.     Disclosures about Segments and Related Information

			Three Months Ended				Nine Months Ended
			September 30,				September 30,
			2012		2011		2012		2011
			(millions of dollars)
EARNINGS AFTER INCOME TAX
	Upstream
		United States	$	633	$	1,184	$	2,321	$	3,912
		Non-U.S.		5,340		7,210		19,812		21,698
	Downstream
		United States		1,441		810		2,878		2,238
		Non-U.S. (1)		1,749		769		8,544		1,796
	Chemical
		United States		565		538		1,492		1,832
		Non-U.S. (1)		225		465		1,448		2,008
	All other			(383)		(646)		(1,565)		(1,824)
	Corporate total		$	9,570	$	10,330	$	34,930	$	31,660
(1)	Nine months ended September 30, 2012, includes the gain associated with the Japan restructuring (See Note 9)
	of $5.3 billion in the non-U.S. Downstream and $0.6 billion in the non-U.S. Chemical segments.
SALES AND OTHER OPERATING REVENUE (2)
	Upstream
		United States	$	2,830	$	3,686	$	8,404	$	10,601
		Non-U.S.		7,208		7,101		22,163		24,684
	Downstream
		United States		31,621		31,329		92,991		90,904
		Non-U.S.		60,763		67,591		190,590		192,742
	Chemical
		United States		3,493		4,053		11,167		11,829
		Non-U.S.		5,634		6,711		18,157		20,345
	All other			5		4		16		15
	Corporate total		$	111,554	$	120,475	$	343,488	$	351,120
(2)	Includes sales-based taxes
INTERSEGMENT REVENUE
	Upstream
		United States	$	1,935	$	2,232	$	6,538	$	7,189
		Non-U.S.		11,105		12,527		35,171		37,705
	Downstream
		United States		5,422		4,426		16,214		14,071
		Non-U.S.		15,309		17,854		47,215		53,987
	Chemical
		United States		3,301		2,884		9,429		9,202
		Non-U.S.		2,292		2,960		7,565		8,095
	All other			75		66		212		192

8.     Accounting for Suspended Exploratory Well Costs

For the category of exploratory well costs at year-end 2011 that were suspended more than one year, a total of $95 million was expensed in the first nine months of 2012.

-14-

9.     Japan Restructuring

On June 1, 2012, the Corporation completed the restructuring of its Downstream and Chemical holdings in Japan. Under the restructuring, TonenGeneral Sekiyu K. K. (TG), a consolidated subsidiary owned 50 percent by the Corporation, purchased for $3.9 billion the Corporation’s shares of a wholly-owned affiliate in Japan, EMG Marketing Godo Kaisha (previously known as ExxonMobil Yugen Kaisha), which resulted in TG acquiring approximately 200 million of its shares owned by the Corporation along with other assets. As a result of the restructuring, the Corporation’s effective ownership of TG was reduced to approximately 22 percent and a net gain of $6.5 billion was recognized.  The gain is included in “Other income” partially offset by amounts included in “Income tax expense” and “Net income attributable to noncontrolling interests.”

The gain includes $1.9 billion of the Corporation’s share of other comprehensive income recycled into earnings (see note 3 below).  The gain also includes remeasurement of TG’s shares that the Corporation continues to own to $0.7 billion, based on TG’s share price on the Tokyo Stock Exchange.  The Corporation accounts for its remaining investment using the equity method.

Summarized balance sheet for the Japan entities subject to the restructuring follows:

		(millions of dollars)
Assets
	Current assets (1)		$	6,391
	Net property, plant and equipment			4,700
	Other assets			989
Total assets			$	12,080
Liabilities
	Current liabilities (2)		$	7,398
	Long-term debt			22
	Postretirement benefits reserves			2,066
	Other long-term obligations			826
Total liabilities			$	10,312
Equity
	ExxonMobil share of equity (3)		$	(256)
	Noncontrolling interests			2,024
Total equity			$	1,768
Total liabilities and equity			$	12,080

(1)The aggregate replacement cost of inventories exceeded the LIFO carrying values by $2.4 billion at June 1, 2012.

(2)On June 1, 2012, Japan’s unused credit lines for short-term financing were $1.0 billion.

(3)The accumulated other comprehensive income associated with the Japan restructuring was recycled into earnings. At June 1, 2012,  ExxonMobil’s share of accumulated other comprehensive income was a benefit of $1.9billion, including $2.5billion related to cumulative translation adjustments offset by $0.6 billion related to postretirement benefits reserves adjustments.

-15-

EXXON MOBIL CORPORATION

Item 2.       Management's Discussion and Analysis of Financial Condition and Results of Operations

FUNCTIONAL EARNINGS SUMMARY
		Third Quarter				First Nine Months
Earnings (U.S. GAAP)		2012		2011		2012		2011
		(millions of dollars)
Upstream
	United States	$	633	$	1,184	$	2,321	$	3,912
	Non-U.S.		5,340		7,210		19,812		21,698
Downstream
	United States		1,441		810		2,878		2,238
	Non-U.S.		1,749		769		8,544		1,796
Chemical
	United States		565		538		1,492		1,832
	Non-U.S.		225		465		1,448		2,008
Corporate and financing			(383)		(646)		(1,565)		(1,824)
Net Income attributable to ExxonMobil (U.S. GAAP)		$	9,570	$	10,330	$	34,930	$	31,660
Earnings per common share (dollars)		$	2.09	$	2.13	$	7.50	$	6.46
Earnings per common share - assuming
	dilution (dollars)	$	2.09	$	2.13	$	7.50	$	6.45

References in this discussion to total corporate earnings mean net income attributable to ExxonMobil (U.S. GAAP) from the income statement.  Unless otherwise indicated, references to earnings, special items, Upstream, Downstream, Chemical and Corporate and Financing segment earnings, and earnings per share are ExxonMobil's share after excluding amounts attributable to noncontrolling interests.

REVIEW OF THIRD QUARTER 2012 RESULTS

ExxonMobil results for the third quarter of 2012 reflect our ongoing commitment to help deliver the energy needed to underpin economic recovery and growth while maintaining our strong focus on safety and environmental performance.

Third quarter 2012 earnings were $9.6 billion, down 7 percent from the third quarter of 2011.

Capital and exploration expenditures were $9.2 billion in the third quarter of 2012.

The Corporation distributed $7.6 billion to shareholders in the third quarter through dividends and share purchases to reduce shares outstanding.

                _______________________________________________________________________

Earnings of $34,930 million in the first nine months of 2012 increased $3,270 million from 2011. 

Earnings per share – assuming dilution increased 16 percent to $7.50. 

-16-

			Third Quarter				First Nine Months
			2012		2011		2012		2011
			(millions of dollars)
Upstream earnings
	United States		$	633	$	1,184	$	2,321	$	3,912
	Non-U.S.			5,340		7,210		19,812		21,698
		Total	$	5,973	$	8,394	$	22,133	$	25,610

Upstream earnings were $5,973 million in the third quarter of 2012, down $2,421 million from the third quarter of 2011.  Production volume and mix effects reduced earnings by $700 million.  Lower liquids and natural gas realizations decreased earnings by $130 million.  All other items, including the absence of prior year asset sales ($1.0 billion), unfavorable tax items and foreign exchange impacts, decreased earnings by a total of $1.6 billion.

On an oil-equivalent basis, production decreased 7.5 percent from the third quarter of 2011.  Excluding the impacts of entitlement volumes, OPEC quota effects and divestments, production decreased 2.9 percent.

Liquids production totaled 2,116 kbd (thousands of barrels per day), down 133 kbd from the third quarter of 2011.  Excluding the impacts of entitlement volumes, OPEC quota effects and divestments, liquids production was down 3.1 percent, as field decline was partially offset by project ramp-up in Angola and Nigeria.

Third quarter natural gas production was 11,061 mcfd (millions of cubic feet per day), down 1,136 mcfd from 2011.  Excluding the impacts of entitlement volumes and divestments, natural gas production was down 2.7 percent, due primarily to field decline.

Earnings from U.S. Upstream operations were $633 million, $551 million lower than the third quarter of 2011.  Non-U.S. Upstream earnings were $5,340 million, down $1,870 million from the prior year.

                _______________________________________________________________________

Upstream earnings for the first nine months of 2012 were $22,133 million, down $3,477 million from 2011.  Production volume and mix effects decreased earnings by $1.9 billion.  Liquids and natural gas realizations decreased earnings by $80 million.  All other items, including higher operating expenses and unfavorable tax effects, reduced earnings by $1.5 billion.

On an oil-equivalent basis, production was down 6.2 percent compared to the same period in 2011.  Excluding the impacts of entitlement volumes, OPEC quota effects and divestments, production was down 1.6 percent.

Liquids production of 2,179 kbd decreased 153 kbd compared with 2011.  Excluding the impacts of entitlement volumes, OPEC quota effects and divestments, liquids production was down 1.8 percent, as field decline was partly offset by project ramp-up in Angola and Nigeria.

Natural gas production of 12,249 mcfd decreased 739 mcfd from 2011.  Excluding the impacts of entitlement volumes and divestments, natural gas production was down 1.3 percent, as field decline was partially offset by higher demand and lower downtime.

Earnings from U.S. Upstream operations for 2012 were $2,321 million, down $1,591 million from 2011.  Earnings outside the U.S. were $19,812 million, down $1,886 million.

			Third Quarter				First Nine Months
			2012		2011		2012		2011
			(millions of dollars)
Downstream earnings
	United States		$	1,441	$	810	$	2,878	$	2,238
	Non-U.S.			1,749		769		8,544		1,796
		Total	$	3,190	$	1,579	$	11,422	$	4,034

-17-

Downstream earnings were $3,190 million in the third quarter of 2012, up $1,611 million from the third quarter of 2011.  Downstream margins, mainly refining, increased earnings by $850 million, while volume and mix effects were essentially flat.  All other items, including higher gains on asset sales of $360 million, favorable foreign exchange effects, and lower operating expenses, increased earnings by $780 million.  Petroleum product sales of 6,105 kbd were 453 kbd lower than last year's third quarter due mainly to divestments and the Japan restructuring.

Earnings from the U.S. Downstream were $1,441 million, up $631 million from the third quarter of 2011.  Non-U.S. Downstream earnings of $1,749 million were $980 million higher than last year.        

                _______________________________________________________________________

Downstream earnings of $11,422 million in the first nine months of 2012 increased $7,388 million from 2011.  Higher refining margins increased earnings by $1.4 billion, while volume and mix effects increased earnings by $140 million.  All other items increased earnings by $5.8 billion due primarily to a $5.3 billion gain associated with the Japan restructuring and other divestment gains.  Petroleum product sales of 6,197 kbd decreased 189 kbd from 2011 due mainly to divestments and the Japan restructuring.

U.S. Downstream earnings were $2,878 million, up $640 million from 2011.  Non-U.S. Downstream earnings were $8,544 million, an increase of $6,748 million from last year.

			Third Quarter				First Nine Months
			2012		2011		2012		2011
			(millions of dollars)
Chemical earnings
	United States		$	565	$	538	$	1,492	$	1,832
	Non-U.S.			225		465		1,448		2,008
		Total	$	790	$	1,003	$	2,940	$	3,840

Chemical earnings of $790 million in the third quarter of 2012 were $213 million lower than the third quarter of 2011.  Lower margins decreased earnings by $150 million.  All other items, mainly unfavorable foreign exchange effects, decreased earnings by $60 million.  Third quarter prime product sales of 5,947 kt (thousands of metric tons) were 285 kt lower than last year's third quarter due mainly to the Japan restructuring.

                _______________________________________________________________________

Chemical earnings of $2,940 million for the first nine months of 2012 were $900 million lower than 2011.  Margins decreased earnings by $920 million.  Volume and mix effects lowered earnings by $60 million.  All other items increased earnings by $80 million, as a $630 million gain associated with the Japan restructuring was mostly offset by unfavorable foreign exchange effects and higher operating expenses.  Prime product sales of 18,256 kt were down 479 kt from 2011.

	Third Quarter				First Nine Months
	2012		2011		2012		2011
	(millions of dollars)
Corporate and financing earnings	$	(383)	$	(646)	$	(1,565)	$	(1,824)

Corporate and financing expenses were $383 million for the third quarter of 2012, down $263 million from the third quarter of 2011, due mainly to favorable tax items.

                _______________________________________________________________________

Corporate and financing expenses were $1,565 million for the first nine months of 2012, down $259 million from 2011 due primarily to the Japan restructuring.

-18-

LIQUIDITY AND CAPITAL RESOURCES
			Third Quarter				First Nine Months
			2012		2011		2012		2011
			(millions of dollars)
Net cash provided by/(used in)
	Operating activities						$	42,946	$	44,594
	Investing activities							(16,599)		(20,153)
	Financing activities							(26,143)		(21,211)
Effect of exchange rate changes								187		(33)
Increase/(decrease) in cash and cash equivalents							$	391	$	3,197
Cash and cash equivalents (at end of period)							$	13,055	$	11,022
Cash and cash equivalents – restricted (at end of period)								206		233
Total cash and cash equivalents (at end of period)							$	13,261	$	11,255
Cash flow from operations and asset sales
	Net cash provided by operating activities (U.S. GAAP)		$	13,442	$	14,849	$	42,946	$	44,594
	Proceeds associated with sales of subsidiaries, property,
		plant & equipment, and sales and returns of investments		607		1,408		6,850		4,246
	Cash flow from operations and asset sales		$	14,049	$	16,257	$	49,796	$	48,840

Because of the ongoing nature of our asset management and divestment program, we believe it is useful for investors to consider asset sales proceeds together with cash provided by operating activities when evaluating cash available for investment in the business and financing activities.

Total cash and cash equivalents of $13.3 billion at the end of the third quarter of 2012 compared to $11.3 billion at the end of the third quarter of 2011.

Cash provided by operating activities totaled $42.9 billion for the first nine months of 2012, $1.6 billion lower than 2011. The major source of funds was net income including noncontrolling interests of $37.4 billion, an increase of $4.9 billion from the prior year period.  The adjustment for the noncash provision of $11.8 billion for depreciation and depletion was essentially flat with 2011.  Changes in operational working capital added to cash flows in both periods.  These items were partially offset by the net gain on asset sales of $11.7 billion in 2012 and $1.3 billion in 2011.  For additional details, see the Condensed Consolidated Statement of Cash Flows on page 6.

Investing activities for the first nine months of 2012 used net cash of $16.6 billion, a decrease of $3.6 billion compared to the prior year.  Spending for additions to property, plant and equipment increased $1.9 billion to $24.2 billion.  Proceeds from asset sales of $6.9 billion, increased $2.6 billion reflecting the impact of the Japan restructuring.  Additional investment and advances decreased by $2.4 billion to $0.8 billion.

Cash flow from operations and asset sales in the third quarter of 2012 of $14.0 billion, including asset sales of $0.6 billion, decreased $2.2 billion from the comparable 2011 period.  Cash flow from operations and asset sales in the first nine months of 2012 of $49.8 billion, including asset sales of $6.9 billion, increased $1.0 billion from the comparable 2011 period.

Net cash used in financing activities of $26.1 billion in the first nine months of 2012 was $4.9 billion higher than 2011, reflecting the maturing of the deferred interest debentures in 2012 and the absence of 2011 net short-term debt issuance.

During the third quarter of 2012, Exxon Mobil Corporation purchased 58 million shares of its common stock for the treasury at a gross cost of $5.1 billion.  These purchases included $5 billion to reduce the number of shares outstanding with the balance used to acquire shares in conjunction with the company’s benefit plans and programs.  Shares outstanding decreased from 4,616 million at the end of the second quarter to 4,559 million at the end of the third quarter 2012.  Purchases may be made in both the open market and through negotiated transactions, and may be increased, decreased or discontinued at any time without prior notice.

-19-

The Corporation distributed to shareholders a total of $7.6 billion in the third quarter of 2012 through dividends and share purchases to reduce shares outstanding.

Total debt of $12.4 billion compared to $17.0 billion at year-end 2011.  The decrease is due to the maturing of the deferred interest debentures and the impact of divestments.   The Corporation's debt to total capital ratio was 6.7 percent at the end of the third quarter of 2012 compared to 9.6 percent at year-end 2011. 

Although the Corporation issues long-term debt from time to time and maintains a revolving commercial paper program, internally generated funds are expected to cover the majority of its net near-term financial requirements. 

The Corporation, as part of its ongoing asset management program, continues to evaluate its mix of assets for potential upgrade.  Because of the ongoing nature of this program, dispositions will continue to be made from time to time which will result in either gains or losses.  Additionally, the Corporation continues to evaluate opportunities to enhance its business portfolio through acquisitions of assets or companies, and enters into such transactions from time to time.  Key criteria for evaluating acquisitions include potential for future growth and attractive current valuations.  Acquisitions may be made with cash, shares of the Corporation’s common stock, or both. 

Litigation and other contingencies are discussed in Note 2 to the unaudited condensed consolidated financial statements.

TAXES
			Third Quarter						First Nine Months
			2012			2011			2012			2011
			(millions of dollars)
Income taxes			$	7,394		$	8,009		$	23,647		$	23,734
	Effective income tax rate			47	%		47	%		43	%		46	%
Sales-based taxes				8,137			8,484			24,657			25,013
All other taxes and duties				8,652			11,084			29,891			32,575
		Total	$	24,183		$	27,577		$	78,195		$	81,322

Income, sales-based and all other taxes and duties totaled $24.2 billion for the third quarter of 2012, a decrease of $3.4 billion from 2011.  Income tax expense decreased by $0.6 billion to $7.4 billion reflecting the lower level of earnings.  The effective income tax rate was 47 percent in both periods.  Sales-based taxes and all other taxes and duties decreased by $2.8 billion to $16.8 billion reflecting the Japan restructuring.

                                ________________________________________________________________________

Income, sales-based and all other taxes and duties totaled $78.2 billion for the first nine months of 2012, a decrease of $3.1 billion from 2011.  Income tax expense decreased by $0.1 billion to $23.6 billion with the impact of higher earnings offset by the lower effective tax rate.  The effective income tax rate was 43 percent compared to 46 percent in the prior year due to a lower effective tax rate on divestments.  Sales-based and all other taxes decreased by $3.0 billion reflecting the Japan restructuring.

CAPITAL AND EXPLORATION EXPENDITURES
		Third Quarter				First Nine Months
		2012		2011		2012		2011
		(millions of dollars)
Upstream (including exploration expenses)		$	8,248	$	7,752	$	24,720	$	24,088
Downstream			583		541		1,591		1,475
Chemical			350		321		1,031		1,122
Other			2		6		14		62
	Total	$	9,183	$	8,620	$	27,356	$	26,747

Capital and exploration expenditures in the third quarter of 2012 were $9.2 billion, up 7 percent from the third quarter of 2011.

                                ________________________________________________________________________

Capital and exploration expenditures were a record $27.4 billion for the first nine months of 2012, up 2 percent, as ExxonMobil continues pursuing opportunities to find and produce new supplies of oil and natural gas to meet global demand for energy.  The Corporation anticipates an investment profile of about $37 billion per year over the next five years.  Actual spending could vary depending on the progress of individual projects and property acquisitions.

-20-

FORWARD-LOOKING STATEMENTS

Statements relating to future plans, projections, events or conditions are forward-looking statements.  Actual results, including project plans, costs, timing, and capacities; capital and exploration expenditures; resource recoveries; and share purchase levels, could differ materially due to factors including: changes in oil or gas prices or other market or economic conditions affecting the oil and gas industry, including the scope and duration of economic recessions; the outcome of exploration and development efforts; changes in law or government regulation, including tax and environmental requirements; the outcome of commercial negotiations; changes in technical or operating conditions; and other factors discussed under the heading "Factors Affecting Future Results" in the “Investors” section of our website and in Item 1A of ExxonMobil's 2011 Form 10-K.  We assume no duty to update these statements as of any future date.

Item 3.  Quantitative and Qualitative Disclosures About Market Risk

Information about market risks for the nine months ended September 30, 2012, does not differ materially from that discussed under Item 7A of the registrant's Annual Report on Form 10-K for 2011.

Item 4.  Controls and Procedures

As indicated in the certifications in Exhibit 31 of this report, the Corporation’s chief executive officer, principal financial officer and principal accounting officer have evaluated the Corporation’s disclosure controls and procedures as of September 30, 2012.  Based on that evaluation, these officers have concluded that the Corporation’s disclosure controls and procedures are effective in ensuring that information required to be disclosed by the Corporation in the reports that it files or submits under the Securities Exchange Act of 1934, as amended, is accumulated and communicated to them in a manner that allows for timely decisions regarding required disclosures and are effective in ensuring that such information is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission’s rules and forms.  There were no changes during the Corporation’s last fiscal quarter that materially affected, or are reasonably likely to materially affect, the Corporation’s internal control over financial reporting.

-21-

PART II.  OTHER INFORMATION

Item 1.  Legal Proceedings

Regarding a matter previously reported in the Corporation’s 2010 Form 10-K involving the issuance of a notice of violation (NOV) and likely enforcement action by the Pennsylvania Department of Environmental Protection relating to the discharge of fluids at the Marquardt Well Site of XTO Energy Inc. (XTO) in Penn Township, Pennsylvania, on July 19, 2012, the United States Department of Justice (DOJ) and the United States Environmental Protection Agency (EPA) proposed a settlement with XTO for alleged violations of the Federal Water Pollution Control Act arising from the same event. As part of the possible settlement, EPA/DOJ is seeking in excess of $100,000 to resolve the alleged violations of federal law. 

Refer to the relevant portions of Note 2 of this Quarterly Report on Form 10-Q for further information on legal proceedings.

-22-

Item 2.  Unregistered Sales of Equity Securities and Use of Proceeds
	Issuer Purchase of Equity Securities for Quarter Ended September 30, 2012
				Total Number of	Maximum Number
				Shares Purchased	Of Shares that May
		Total Number	Average	as Part of Publicly	Yet Be Purchased
		Of Shares	Price Paid	Announced Plans	Under the Plans or
Period		Purchased	per Share	or Programs	Programs
July,  2012		19,393,880	$85.30	19,393,880
August,  2012		21,837,573	$87.79	21,837,573
September,  2012		16,843,181	$90.63	16,843,181
Total		58,074,634	$87.78	58,074,634	(See Note 1)

Note 1 - On August 1, 2000, the Corporation announced its intention to resume purchases of shares of its common stock for the treasury both to offset shares issued in conjunction with company benefit plans and programs and to gradually reduce the number of shares outstanding.  The announcement did not specify an amount or expiration date.  The Corporation has continued to purchase shares since this announcement and to report purchased volumes in its quarterly earnings releases.  In its most recent earnings release dated November 1, 2012, the Corporation stated that fourth quarter 2012 share purchases to reduce shares outstanding are anticipated to equal $5 billion.  Purchases may be made in both the open market and through negotiated transactions, and purchases may be increased, decreased or discontinued at any time without prior notice.

Item 6.  Exhibits

Exhibit	Description
10(iii)(f.2)	Standing resolution for non-employee director restricted grants dated, September 26, 2007.
31.1	Certification (pursuant to Securities Exchange Act Rule 13a-14(a)) by Chief Executive Officer.
31.2	Certification (pursuant to Securities Exchange Act Rule 13a-14(a)) by Principal Financial Officer.
31.3	Certification (pursuant to Securities Exchange Act Rule 13a-14(a)) by Principal Accounting Officer.
32.1	Section 1350 Certification (pursuant to Sarbanes-Oxley Section 906) by Chief Executive Officer.
32.2	Section 1350 Certification (pursuant to Sarbanes-Oxley Section 906) by Principal Financial Officer.
32.3	Section 1350 Certification (pursuant to Sarbanes-Oxley Section 906) by Principal Accounting Officer.
101	Interactive Data Files.

-23-

EXXON MOBIL CORPORATION

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	EXXON MOBIL CORPORATION
Date: November 6, 2012	By:	/s/  Patrick T. Mulva
		Name:	Patrick T. Mulva
		Title:	Vice President, Controller and
			Principal Accounting Officer

-24-

INDEX TO EXHIBITS

Exhibit	Description
10(iii)(f.2)	Standing resolution for non-employee director restricted grants dated September 26, 2007.
31.1	Certification (pursuant to Securities Exchange Act Rule 13a-14(a)) by Chief Executive Officer.
31.2	Certification (pursuant to Securities Exchange Act Rule 13a-14(a)) by Principal Financial Officer.
31.3	Certification (pursuant to Securities Exchange Act Rule 13a-14(a)) by Principal Accounting Officer.
32.1	Section 1350 Certification (pursuant to Sarbanes-Oxley Section 906) by Chief Executive Officer.
32.2	Section 1350 Certification (pursuant to Sarbanes-Oxley Section 906) by Principal Financial Officer.
32.3	Section 1350 Certification (pursuant to Sarbanes-Oxley Section 906) by Principal Accounting Officer.
101	Interactive Data Files.

-25-

EX-10.(III) (F2)

 

EXHIBIT 10(iii)(f.2)

Resolutions Adopted by the Board of Directors

Regarding Non-Employee Director Restricted Stock Grants

September 26, 2007

RESOLVED, that, in accordance with Section VI of the Corporation's 2004 Non‑Employee Director Restricted Stock Plan (the "Plan"):

                        (a)  Each person who becomes a non-employee director for the first time after the date of this resolution shall be automatically granted an award of eight thousand (8,000) shares of restricted stock subject to the terms and conditions specified in the Plan, effective as of the date such person becomes a non-employee director; and

                        (b)  Commencing with the year 2008, each incumbent non-employee director shall be automatically granted an award of two thousand five hundred (2,500) shares of restricted stock subject to the terms and conditions specified in the Plan, effective as of the first trading day of each year.

FURTHER RESOLVED, that the foregoing resolution shall remain in effect until modified or rescinded by further action of the Board of Directors.

FURTHER RESOLVED, that the resolutions regarding grants under the Plan adopted by the Board of Directors on July 28, 2004 be, and hereby are, revoked.

EX-31.1

 

EXHIBIT 31.1

Certification by Rex W. Tillerson

Pursuant to Securities Exchange Act Rule 13a-14(a) 

I, Rex W. Tillerson, certify that:

1.I have reviewed this quarterly report on Form 10-Q of Exxon Mobil Corporation;

2.Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3.Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4.The registrant’s other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

(a)Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b)Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c)Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

(d)Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5.The registrant's other certifying officers and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

(a)All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

(b)Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date: November 6, 2012	/s/  Rex W. Tillerson
	Rex W. Tillerson
	Chief Executive Officer

EX-31.2

 

EXHIBIT 31.2

Certification by Donald D. Humphreys

Pursuant to Securities Exchange Act Rule 13a-14(a) 

I, Donald D. Humphreys, certify that:

1.I have reviewed this quarterly report on Form 10-Q of Exxon Mobil Corporation;

2.Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3.Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4.The registrant’s other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

(a)Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b)Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c)Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

(d)Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5.The registrant's other certifying officers and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

(a)All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

(b)Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date: November 6, 2012	/s/  Donald D. Humphreys
	Donald D. Humphreys
	Senior Vice President
	(Principal Financial Officer)

EX-31.3

 

EXHIBIT 31.3

Certification by Patrick T. Mulva

Pursuant to Securities Exchange Act Rule 13a-14(a) 

I, Patrick T. Mulva, certify that:

1.I have reviewed this quarterly report on Form 10-Q of Exxon Mobil Corporation;

2.Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3.Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4.The registrant’s other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

(a)Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b)Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c)Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

(d)Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5.The registrant's other certifying officers and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

(a)All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

(b)Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date: November 6, 2012	/s/  Patrick T. Mulva
	Patrick T. Mulva
	Vice President and Controller
	(Principal Accounting Officer)

EX-32.1

 

EXHIBIT 32.1

Certification of Periodic Financial Report

Pursuant to 18 U.S.C. Section 1350

        For purposes of 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, the undersigned, Rex W. Tillerson, the chief executive officer of Exxon Mobil Corporation (the “Company”), hereby certifies that, to his knowledge:

(i)the Quarterly Report on Form 10-Q of the Company for the quarter ended September 30, 2012, as filed with the Securities and Exchange Commission on the date hereof (the “Report”) fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

(ii)the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

Date: November 6, 2012	/s/  Rex W. Tillerson
	Rex W. Tillerson
	Chief Executive Officer

A signed original of this written statement required by Section 906 has been provided to Exxon Mobil Corporation and will be retained by Exxon Mobil Corporation and furnished to the Securities and Exchange Commission or its staff upon request.

EX-32.2

 

EXHIBIT 32.2

Certification of Periodic Financial Report

Pursuant to 18 U.S.C. Section 1350

        For purposes of 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, the undersigned, Donald D. Humphreys, the principal financial officer of Exxon Mobil Corporation (the “Company”), hereby certifies that, to his knowledge:

(i) the Quarterly Report on Form 10-Q of the Company for the quarter ended September 30, 2012, as filed with the Securities and Exchange Commission on the date hereof (the “Report”) fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

(ii)the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

Date: November 6, 2012	/s/  Donald D. Humphreys
	Donald D. Humphreys
	Senior Vice President
	(Principal Financial Officer)

A signed original of this written statement required by Section 906 has been provided to Exxon Mobil Corporation and will be retained by Exxon Mobil Corporation and furnished to the Securities and Exchange Commission or its staffupon request.

EX-32.3

 

EXHIBIT 32.3

Certification of Periodic Financial Report

Pursuant to 18 U.S.C. Section 1350

        For purposes of 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, the undersigned, Patrick T. Mulva, the principal accounting officer of Exxon Mobil Corporation (the “Company”), hereby certifies that, to his knowledge:

(i)the Quarterly Report on Form 10-Q of the Company for the quarter ended September 30, 2012, as filed with the Securities and Exchange Commission on the date hereof (the “Report”) fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

(ii)the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

Date: November 6, 2012	/s/  Patrick T. Mulva
	Patrick T. Mulva
	Vice President and Controller
	(Principal Accounting Officer)

A signed original of this written statement required by Section 906 has been provided to Exxon Mobil Corporation and will be retained by Exxon Mobil Corporation and furnished to the Securities and Exchange Commission or its staff upon request. 

XML

Disclosures About Segments And Related Information (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended				9 Months Ended
	Sep. 30, 2012		Sep. 30, 2011		Sep. 30, 2012		Sep. 30, 2011
Segment Reporting Information [Line Items]
Earnings after income tax	$ 9,570		$ 10,330		$ 34,930		$ 31,660
Sales and other operating revenue	111,554	[1],[2]	120,475	[1],[2]	343,488	[1],[2]	351,120	[1],[2]
Upstream United States [Member]
Segment Reporting Information [Line Items]
Earnings after income tax	633		1,184		2,321		3,912
Sales and other operating revenue	2,830	[1]	3,686	[1]	8,404	[1]	10,601	[1]
Intersegment revenue	1,935		2,232		6,538		7,189
Upstream Non-U.S. [Member]
Segment Reporting Information [Line Items]
Earnings after income tax	5,340		7,210		19,812		21,698
Sales and other operating revenue	7,208	[1]	7,101	[1]	22,163	[1]	24,684	[1]
Intersegment revenue	11,105		12,527		35,171		37,705
Downstream United States [Member]
Segment Reporting Information [Line Items]
Earnings after income tax	1,441		810		2,878		2,238
Sales and other operating revenue	31,621	[1]	31,329	[1]	92,991	[1]	90,904	[1]
Intersegment revenue	5,422		4,426		16,214		14,071
Downstream Non-U.S. [Member]
Segment Reporting Information [Line Items]
Earnings after income tax	1,749		769		8,544	[3]	1,796
Sales and other operating revenue	60,763	[1]	67,591	[1]	190,590	[1]	192,742	[1]
Intersegment revenue	15,309		17,854		47,215		53,987
Chemical United States [Member]
Segment Reporting Information [Line Items]
Earnings after income tax	565		538		1,492		1,832
Sales and other operating revenue	3,493	[1]	4,053	[1]	11,167	[1]	11,829	[1]
Intersegment revenue	3,301		2,884		9,429		9,202
Chemical Non-U.S. [Member]
Segment Reporting Information [Line Items]
Earnings after income tax	225		465		1,448	[3]	2,008
Sales and other operating revenue	5,634	[1]	6,711	[1]	18,157	[1]	20,345	[1]
Intersegment revenue	2,292		2,960		7,565		8,095
All Other [Member]
Segment Reporting Information [Line Items]
Earnings after income tax	(383)		(646)		(1,565)		(1,824)
Sales and other operating revenue	5	[1]	4	[1]	16	[1]	15	[1]
Intersegment revenue	$ 75		$ 66		$ 212		$ 192

[1] Includes sales-based taxes

[2] Sales-based taxes included in sales and other operating revenue for the three months ended September 30, 2012, and 2011, were $8,137 million and $8,484 million, respectively, and for the nine months ended September 30, 2012, and 2011, were $24,657 million and $25,013 million, respectively.

[3] Nine months ended September 30, 2012, includes the gain associated with the Japan restructuring (See Note 9) of $5.3 billion in the non-U.S. Downstream and $0.6 billion in the non-U.S. Chemical segments.

XML

Litigation And Other Contingencies (Narrative) (Details) (USD $)								9 Months Ended
	Sep. 30, 2012	Oct. 24, 2011	Jun. 30, 2011 gal	May 01, 2007	Jun. 27, 2007 Expropriation Of Assets [Member]	Jun. 30, 2011 Compensatory Damages [Member]	Jun. 30, 2011 Punitive Damages [Member]	Sep. 30, 2012 Final Judgment Damages [Member]
Litigation And Other Contingencies [Line Items]
Percentage ownership interest in Cerro Negro Project				41.67%	41.67%
Net book investment in Cerro Negro project	$ 750,000,000
Accidental gasoline leak (gallons)			26,000
Litigation court verdict						497,000,000	1,000,000,000
Litigation court final judgment								1,488,000,000
Percentage ownership interest under the PSC	56.25%
Amount of award relating to excess lifting of crude oil		1,800,000,000
Accrued interest relating to award for excess lifting of crude oil		$ 234,000,000

XML

Japan Restructuring (Disclosure Of Disposal Group) (Details) (USD $)	Sep. 30, 2012	Jun. 01, 2012		Dec. 31, 2011	Sep. 30, 2011	Dec. 31, 2010
Japan Transaction Disposal Group [Line Items]
Current assets		$ 6,391,000,000	[1]
Net property, plant and equipment		4,700,000,000
Other assets		989,000,000
Total assets		12,080,000,000
Current liabilities		7,398,000,000	[2]
Long-term debt		22,000,000
Postretirement benefits reserves		2,066,000,000
Other long-term obligations		826,000,000
Total liabilities		10,312,000,000
ExxonMobil share of equity	166,713,000,000	(256,000,000)	[3]	154,396,000,000
Noncontrolling interests	5,642,000,000	2,024,000,000		6,348,000,000
Total equity	172,355,000,000	1,768,000,000		160,744,000,000	162,212,000,000	152,679,000,000
Total liabilities and equity	335,191,000,000	12,080,000,000		331,052,000,000
Accumulated other comprehensive income	(9,113,000,000)			(9,123,000,000)
Exxon Mobil Corporation Share After Noncontrolling Interest [Member]
Japan Transaction Disposal Group [Line Items]
Accumulated other comprehensive income	(9,113,000,000)			(9,123,000,000)	(5,328,000,000)	(4,823,000,000)
Cumulative Translation adjustments	2,724,000,000			4,168,000,000	3,901,000,000	5,011,000,000
Postretirement benefits reserves adjustment	11,837,000,000			13,291,000,000	9,258,000,000	9,889,000,000
Sales [Member] | Japan Transaction Disposal Group [Member]
Japan Transaction Disposal Group [Line Items]
Aggregate replacement cost of inventories		2,400,000,000
Unused credit lines for short-term financing		1,000,000,000
Accumulated other comprehensive income		1,900,000,000
Cumulative Translation adjustments		2,500,000,000
Postretirement benefits reserves adjustment		$ 600,000,000

[1] The aggregate replacement cost of inventories exceeded the LIFO carrying values by $2.4 billion at June 1, 2012.

[2] On June 1, 2012, Japan's unused credit lines for short-term financing were $1.0 billion.

[3] The accumulated other comprehensive income associated with the Japan restructuring was recycled into earnings. At June 1, 2012, ExxonMobil's share of accumulated other comprehensive income was a benefit of $1.9 billion, including $2.5 billion related to cumulative translation adjustments offset by $0.6 billion related to postretirement benefits reserves adjustments.

XML

Basis Of Financial Statement Preparation

9 Months Ended

Sep. 30, 2012

Basis Of Financial Statement Preparation [Abstract]

Basis Of Financial Statement Preparation

1.Basis of Financial Statement Preparation

These unaudited condensed consolidated financial statements should be read in the context of the consolidated financial statements and notes thereto filed with the Securities and Exchange Commission in the Corporation's 2011 Annual Report on Form 10-K. In the opinion of the Corporation, the information furnished herein reflects all known accruals and adjustments necessary for a fair statement of the results for the periods reported herein. All such adjustments are of a normal recurring nature. The Corporation's exploration and production activities are accounted for under the "successful efforts" method.

XML

Earnings Per Share (Earnings Per Share Computation) (Details) (USD $) In Millions, except Per Share data, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2011
Earnings per common share
Net income attributable to ExxonMobil	$ 9,570	$ 10,330	$ 34,930	$ 31,660
Weighted average number of common shares outstanding	4,597	4,839	4,657	4,902
Earnings per common share	$ 2.09	$ 2.13	$ 7.50	$ 6.46
Earnings per common share - assuming dilution
Net income attributable to ExxonMobil	$ 9,570	$ 10,330	$ 34,930	$ 31,660
Weighted average number of common shares outstanding	4,597	4,839	4,657	4,902
Effect of employee stock-based awards		4		6
Weighted average number of common shares outstanding - assuming dilution	4,597	4,843	4,657	4,908
Earnings per common share - assuming dilution	$ 2.09	$ 2.13	$ 7.50	$ 6.45

XML

Other Comprehensive Income Information (Schedule Of Income Tax (Expense)/Credit For Components Of Other Comprehensive Income) (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2011
Other Comprehensive Income Information [Abstract]
Foreign exchange translation adjustment	$ (55)	$ 121	$ (92)	$ 34
Postretirement benefits reserves adjustment (excluding amortization)	100	(111)	190	126
Amortization and settlement of postretirement benefits reserves adjustment included in net periodic benefit costs	(200)	(132)	(1,132)	(433)
Change in fair value of cash flow hedges		(9)		(14)
Realized (gain)/ loss from settled cash flow hedges included in net income		11		31
Total	$ (155)	$ (120)	$ (1,034)	$ (256)

XML

Pension And Other Postretirement Benefits (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012		Sep. 30, 2011
Pension Benefits - U.S. [Member]
Service cost	$ 173	$ 148	$ 489		$ 397
Interest cost	205	198	615		594
Expected return on plan assets	(196)	(192)	(590)		(577)
Amortization of actuarial loss/(gain) and prior service cost	146	123	436		370
Net pension enhancement and curtailment/settlement cost	123	64	369		266
Net benefit cost	451	341	1,319		1,050
Pension Benefits - Non-U.S. [Member]
Service cost	156	147	490		432
Interest cost	279	317	859		956
Expected return on plan assets	(269)	(293)	(831)		(879)
Amortization of actuarial loss/(gain) and prior service cost	228	189	719		566
Net pension enhancement and curtailment/settlement cost	109	7	1,538	[1]	7
Net benefit cost	503	367	2,775		1,082
Pension Benefits - Non-U.S. [Member] | Japan Transaction Disposal Group [Member]
Net pension enhancement and curtailment/settlement cost			(1,420)
Other Postretirement Benefits [Member]
Service cost	31	30	100		94
Interest cost	89	96	293		300
Expected return on plan assets	(9)	(10)	(30)		(32)
Amortization of actuarial loss/(gain) and prior service cost	48	47	156		153
Net benefit cost	$ 159	$ 163	$ 519		$ 515

[1] Non-U.S. net pension enhancement and curtailment/settlement cost for the nine months ended September 30, 2012, includes $1,420 million (on a consolidated-company, before-tax basis) of accumulated other comprehensive income for the postretirement benefit reserves adjustment that was recycled into earnings and included in the Japan restructuring gain reported in "Other income" (See Note 9).

XML

Financial Instruments (Details) (USD $) In Millions, unless otherwise specified	Sep. 30, 2012	Dec. 31, 2011
Financial Instruments [Abstract]
Estimated fair value of total long-term debt, including capitalized lease obligations	$ 9,525	$ 9,800
Recorded book values of total long-term debt, including capitalized lease obligations	$ 8,928	$ 9,322

XML

Condensed Consolidated Statement Of Changes In Equity (USD $) In Millions	Total USD ($)	Exxon Mobil Share Of Common Stock [Member] USD ($)	Exxon Mobil Share Of Earnings Reinvested [Member] USD ($)	Exxon Mobil Share Of Accumulated Other Comprehensive Income [Member] USD ($)	Exxon Mobil Share Of Common Stock Held In Treasury [Member] USD ($)	Exxon Mobil Share Of Equity [Member] USD ($)	Noncontrolling Interest [Member] USD ($)	Common Stock Outstanding [Member]
Balance at Dec. 31, 2010	$ 152,679	$ 9,371	$ 298,899	$ (4,823)	$ (156,608)	$ 146,839	$ 5,840
Balance (in shares) at Dec. 31, 2010		8,019			(3,040)			4,979
Amortization of stock-based awards	572	572				572
Tax benefits related to stock-based awards	159	159				159
Other	(600)	(596)				(596)	(4)
Net income for the period	32,482		31,660			31,660	822
Dividends - common shares	(7,037)		(6,773)			(6,773)	(264)
Other comprehensive income	(614)			(505)		(505)	(109)
Acquisitions, at cost	(16,645)				(16,633)	(16,633)	(12)
Acquisitions (in shares)					(209)			(209)
Dispositions	1,216				1,216	1,216
Dispositions (in shares)					23			23
Balance at Sep. 30, 2011	162,212	9,506	323,786	(5,328)	(172,025)	155,939	6,273
Balance (in shares) at Sep. 30, 2011		8,019			(3,226)			4,793
Balance at Dec. 31, 2011	160,744	9,512	330,939	(9,123)	(176,932)	154,396	6,348
Balance (in shares) at Dec. 31, 2011		8,019			(3,285)			4,734
Amortization of stock-based awards	618	618				618
Tax benefits related to stock-based awards	252	252				252
Other	(2,187)	(737)				(737)	(1,450)
Net income for the period	37,379		34,930			34,930	2,449
Dividends - common shares	(7,787)		(7,500)			(7,500)	(287)
Other comprehensive income	(1,377)			10		10	(1,387)
Acquisitions, at cost	(15,845)				(15,814)	(15,814)	(31)
Acquisitions (in shares)					(185)			(185)
Dispositions	558				558	558
Dispositions (in shares)					10			10
Balance at Sep. 30, 2012	$ 172,355	$ 9,645	$ 358,369	$ (9,113)	$ (192,188)	$ 166,713	$ 5,642
Balance (in shares) at Sep. 30, 2012		8,019			(3,460)			4,559

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Financial Instruments (Schedule Of Long-Term Debt By Fair Value Hierarchy Level) (Details) (USD $) In Millions, unless otherwise specified	Sep. 30, 2012	Dec. 31, 2011
Debt Instrument [Line Items]
Total long-term debt	$ 9,525	$ 9,800
Level 1 [Member]
Debt Instrument [Line Items]
Total long-term debt	6,594
Level 2 [Member]
Debt Instrument [Line Items]
Total long-term debt	2,609
Level 3 [Member]
Debt Instrument [Line Items]
Total long-term debt	$ 322

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Condensed Consolidated Statement Of Income (USD $) In Millions, except Per Share data, unless otherwise specified	3 Months Ended				9 Months Ended
	Sep. 30, 2012		Sep. 30, 2011		Sep. 30, 2012		Sep. 30, 2011
REVENUES AND OTHER INCOME
Sales and other operating revenue	$ 111,554	[1],[2]	$ 120,475	[1],[2]	$ 343,488	[1],[2]	$ 351,120	[1],[2]
Income from equity affiliates	3,386		3,915		11,247		11,462
Other income	766		940		12,387		2,238
Total revenues and other income	115,706		125,330		367,122		364,820
COSTS AND OTHER DEDUCTIONS
Crude oil and product purchases	65,180		69,289		201,349		199,233
Production and manufacturing expenses	9,128		10,199		28,765		30,041
Selling, general and administrative expenses	3,468		3,764		10,555		11,072
Depreciation and depletion	4,037		3,866		11,778		11,508
Exploration expenses, including dry holes	494		728		1,388		1,654
Interest expense	59		98		216		172
Sales-based taxes	8,137	[2]	8,484	[2]	24,657	[2]	25,013	[2]
Other taxes and duties	7,883		10,222		27,388		29,911
Total costs and other deductions	98,386		106,650		306,096		308,604
Income before income taxes	17,320		18,680		61,026		56,216
Income taxes	7,394		8,009		23,647		23,734
Net income including noncontrolling interests	9,926		10,671		37,379		32,482
Net income attributable to noncontrolling interests	356		341		2,449		822
Net income attributable to ExxonMobil	$ 9,570		$ 10,330		$ 34,930		$ 31,660
Earnings per common share (dollars)	$ 2.09		$ 2.13		$ 7.50		$ 6.46
Earnings per common share - assuming dilution (dollars)	$ 2.09		$ 2.13		$ 7.50		$ 6.45
Dividends per common share (dollars)	$ 0.57		$ 0.47		$ 1.61		$ 1.38

[1] Includes sales-based taxes

[2] Sales-based taxes included in sales and other operating revenue for the three months ended September 30, 2012, and 2011, were $8,137 million and $8,484 million, respectively, and for the nine months ended September 30, 2012, and 2011, were $24,657 million and $25,013 million, respectively.

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Condensed Consolidated Balance Sheet (Parenthetical) (USD $)	Sep. 30, 2012	Dec. 31, 2011
Condensed Consolidated Balance Sheet [Abstract]
Common stock, without par value
Common stock, shares authorized	9,000,000,000	9,000,000,000
Common stock, shares issued	8,019,000,000	8,019,000,000
Common stock held in treasury, shares	3,460,000,000	3,285,000,000
Common stock, shares, outstanding	4,559,342,639	4,733,948,268

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Accounting for Suspended Exploratory Well Costs (Details) (USD $) In Millions, unless otherwise specified	9 Months Ended
	Sep. 30, 2012
Projects With Exploratory Well Costs Capitalized For More Than One Year [Abstract]
Charged to expense in period	$ 95

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Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2012

Financial Instruments [Abstract]

Schedule Of Long-Term Debt By Fair Value Hierarchy Level

		As of September 30, 2012
	Level 1		Level 2		Level 3		Total
	(millions of dollars)
Long-term debt fair value		$ 6,594		$ 2,609		$ 322		$ 9,525

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Japan Restructuring (Narrative) (Details) (USD $) Share data in Millions, unless otherwise specified	9 Months Ended
	Sep. 30, 2012	Dec. 31, 2011	Jun. 01, 2012 Japan Transaction Disposal Group [Member]
Japan Transaction Disposal Group [Line Items]
Noncontrolling interest, Ownership percentage by parent			50.00%
Payment for shares of EMG Marketing Godo Kaisha			$ 3,900,000,000
Shares (millions) of TonenGeneral owned by EMG Marketing Godo Kaisha when sold			200
Corporation's ownership percentage of TonenGeneral after restructuring			22.00%
Gain associated with Japan Restructuring	6,500,000,000
Accumulated other comprehensive income	(9,113,000,000)	(9,123,000,000)
Fair Value of shares retained by Corporation			$ 700,000,000

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Disposal Group (Tables)

9 Months Ended

Sep. 30, 2012

Discontinued Operations And Disposal Groups Abstract

Schedule of Disposal Group Assets And Liabilities Table Text Block

		(millions of dollars)
Assets
	Current assets (1)		$	6,391
	Net property, plant and equipment			4,700
	Other assets			989
Total assets			$	12,080
Liabilities
	Current liabilities (2)		$	7,398
	Long-term debt			22
	Postretirement benefits reserves			2,066
	Other long-term obligations			826
Total liabilities			$	10,312
Equity
	ExxonMobil share of equity (3)		$	(256)
	Noncontrolling interests			2,024
Total equity			$	1,768
Total liabilities and equity			$	12,080

• The aggregate replacement cost of inventories exceeded the LIFO carrying values by $2.4billion at June1, 2012.
• On June 1, 2012, Japan's unused credit lines for short-term financing were $1.0 billion.
• The accumulated other comprehensive income associated with the Japan restructuring was recycled into earnings. At June1, 2012,ExxonMobil's share of accumulated other comprehensive income was a benefit of $1.9billion, including $2.5billion related to cumulative translation adjustments offset by $0.6 billion related to postretirement benefits reserves adjustments.

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Condensed Consolidated Statement Of Cash Flows (USD $) In Millions, unless otherwise specified	9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011
CASH FLOWS FROM OPERATING ACTIVITIES
Net income including noncontrolling interests	$ 37,379	$ 32,482
Depreciation and depletion	11,778	11,508
Changes in operational working capital, excluding cash and debt	3,119	2,154
Net (gain) on asset sales	(11,693)	(1,269)
All other items - net	2,363	(281)
Net cash provided by operating activities	42,946	44,594
CASH FLOWS FROM INVESTING ACTIVITIES
Additions to property, plant and equipment	(24,214)	(22,341)
Proceeds associated with sales of subsidiaries, property, plant and equipment, and sales and returns of investments	6,850	4,246
Additional investments and advances	(768)	(3,122)
Additions to marketable securities		(1,754)
Sales of marketable securities		1,674
Other investing activities - net	1,533	1,144
Net cash used in investing activities	(16,599)	(20,153)
CASH FLOWS FROM FINANCING ACTIVITIES
Additions to long-term debt	597	457
Reductions in long-term debt	(15)	(236)
Additions/(reductions) in short-term debt - net	(3,506)	1,414
Cash dividends to ExxonMobil shareholders	(7,500)	(6,773)
Cash dividends to noncontrolling interests	(287)	(264)
Changes in noncontrolling interests	198	(12)
Tax benefits related to stock-based awards		220
Common stock acquired	(15,814)	(16,633)
Common stock sold	184	616
Net cash used in financing activities	(26,143)	(21,211)
Effects of exchange rate changes on cash	187	(33)
Increase/(decrease) in cash and cash equivalents	391	3,197
Cash and cash equivalents at beginning of period	12,664	7,825
Cash and cash equivalents at end of period	13,055	11,022
SUPPLEMENTAL DISCLOSURES
Income taxes paid	17,895	20,349
Cash interest paid	$ 387	$ 390

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Condensed Consolidated Statement of Income (Parenthetical) (USD $) In Millions, unless otherwise specified	3 Months Ended				9 Months Ended
	Sep. 30, 2012		Sep. 30, 2011		Sep. 30, 2012		Sep. 30, 2011
Condensed Consolidated Statement Of Income [Abstract]
Sales-based taxes included in sales and other operating revenue	$ 8,137	[1]	$ 8,484	[1]	$ 24,657	[1]	$ 25,013	[1]

[1] Sales-based taxes included in sales and other operating revenue for the three months ended September 30, 2012, and 2011, were $8,137 million and $8,484 million, respectively, and for the nine months ended September 30, 2012, and 2011, were $24,657 million and $25,013 million, respectively.

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Disposal Group

9 Months Ended

Sep. 30, 2012

Discontinued Operations And Disposal Groups Abstract

Disposal Groups Including Discontinued Operations Disclosure Text Block

9.Japan Restructuring

On June 1, 2012, the Corporation completed the restructuring of its Downstream and Chemical holdings in Japan. Under the restructuring, TonenGeneralSekiyuK.K.(TG), a consolidated subsidiary owned 50 percent by the Corporation, purchased for $3.9 billion the Corporation's shares of a wholly-owned affiliate in Japan, EMG Marketing Godo Kaisha (previously known as ExxonMobil Yugen Kaisha), which resulted in TG acquiring approximately 200 million of its shares owned by the Corporation along with other assets. As a result of the restructuring, the Corporation's effective ownership of TG was reduced to approximately 22 percent and a net gain of $6.5 billion was recognized.  The gain is included in “Other income” partially offset by amounts included in “Income tax expense” and “Net income attributable to noncontrolling interests.”

The gain includes $1.9 billion of the Corporation's share of other comprehensive income recycled into earnings (see note 3 below). The gain also includesremeasurement of TG's shares that the Corporation continues to own to $0.7 billion, based on TG's share price on the Tokyo Stock Exchange. The Corporation accounts for its remaining investment using the equity method.

Summarized balance sheet for the Japan entities subject to the restructuring follows:

		(millions of dollars)
Assets
	Current assets (1)		$	6,391
	Net property, plant and equipment			4,700
	Other assets			989
Total assets			$	12,080
Liabilities
	Current liabilities (2)		$	7,398
	Long-term debt			22
	Postretirement benefits reserves			2,066
	Other long-term obligations			826
Total liabilities			$	10,312
Equity
	ExxonMobil share of equity (3)		$	(256)
	Noncontrolling interests			2,024
Total equity			$	1,768
Total liabilities and equity			$	12,080

• The aggregate replacement cost of inventories exceeded the LIFO carrying values by $2.4billion at June1, 2012.
• On June 1, 2012, Japan's unused credit lines for short-term financing were $1.0 billion.
• The accumulated other comprehensive income associated with the Japan restructuring was recycled into earnings. At June1, 2012,ExxonMobil's share of accumulated other comprehensive income was a benefit of $1.9billion, including $2.5billion related to cumulative translation adjustments offset by $0.6 billion related to postretirement benefits reserves adjustments.

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Document And Entity Information	9 Months Ended
	Sep. 30, 2012
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2012
Document Fiscal Year Focus	2012
Document Fiscal Period Focus	Q3
Trading Symbol	XOM
Entity Registrant Name	EXXON MOBIL CORP
Entity Central Index Key	0000034088
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding	4,559,342,639

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Litigation And Other Contingencies (Tables)

9 Months Ended

Sep. 30, 2012

Litigation And Other Contingencies [Abstract]

Schedule Of Guarantees

			As of September 30, 2012
			Equity		Other
			Company		Third Party
			Obligations (1)		Obligations		Total
			(millions of dollars)
Guarantees
	Debt-related		$	2,224	$	56	$	2,280
	Other			3,243		4,211		7,454
		Total	$	5,467	$	4,267	$	9,734
(1) ExxonMobil share

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Condensed Consolidated Statement Of Comprehensive Income (USD $) In Millions, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2011
Condensed Consolidated Statement Of Comprehensive Income [Abstract]
Net income including noncontrolling interests	$ 9,926	$ 10,671	$ 37,379	$ 32,482
Other comprehensive income (net of income taxes)
Foreign exchange translation adjustment	1,620	(3,336)	1,298	(1,224)
Adjustment for foreign exchange translation (gain)/loss included in net income	(119)		(4,354)
Postretirement benefits reserves adjustment (excluding amortization)	(224)	272	(404)	(293)
Amortization and settlement of postretirement benefits reserves adjustment included in net periodic benefit costs	454	298	2,083	929
Change in fair value of cash flow hedges		14		24
Realized (gain)/ loss from settled cash flow hedges included in net income		(17)		(50)
Total other comprehensive income	1,731	(2,769)	(1,377)	(614)
Comprehensive income including noncontrolling interests	11,657	7,902	36,002	31,868
Comprehensive income attributable to noncontrolling interests	541	101	1,062	713
Comprehensive income attributable to ExxonMobil	$ 11,116	$ 7,801	$ 34,940	$ 31,155

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Earnings Per Share

9 Months Ended

Sep. 30, 2012

Earnings Per Share [Abstract]

Earnings Per Share

4.Earnings Per Share

			Three Months Ended				Nine Months Ended
			September 30,				September 30,
			2012		2011		2012		2011
Earnings per common share
Net income attributable to ExxonMobil (millions of dollars)			$	9,570	$	10,330	$	34,930	$	31,660
Weighted average number of common shares
	outstanding (millions of shares)			4,597		4,839		4,657		4,902
Earnings per common share (dollars)			$	2.09	$	2.13	$	7.50	$	6.46
Earnings per common share - assuming dilution
Net income attributable to ExxonMobil (millions of dollars)			$	9,570	$	10,330	$	34,930	$	31,660
Weighted average number of common shares
	outstanding (millions of shares)			4,597		4,839		4,657		4,902
		Effect of employee stock-based awards		-		4		-		6
Weighted average number of common shares
	outstanding - assuming dilution			4,597		4,843		4,657		4,908
Earnings per common share
	- assuming dilution (dollars)		$	2.09	$	2.13	$	7.50	$	6.45

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Other Comprehensive Income Information

9 Months Ended

Sep. 30, 2012

Other Comprehensive Income Information [Abstract]

Other Comprehensive Income Information

3.       Other Comprehensive Income Information

			ExxonMobil Share of Accumulated
			Other Comprehensive Income
			Cumulative		Post-		Unrealized
			Foreign		retirement		Change in
			Exchange		Benefits		Fair Value
			Translation		Reserves		on Cash
			Adjustment		Adjustment		Flow Hedges		Total
		(millions of dollars)
Balance as of December 31, 2010			$	5,011	$	(9,889)	$	55	$	(4,823)
Current period change excluding amounts reclassified
	from accumulated other comprehensive income			(1,110)		(252)		24		(1,338)
Amounts reclassified from accumulated other
	comprehensive income			-		883		(50)		833
Total change in accumulated other comprehensive
	income			(1,110)		631		(26)		(505)
Balance as of September 30, 2011			$	3,901	$	(9,258)	$	29	$	(5,328)
Balance as of December 31, 2011			$	4,168	$	(13,291)	$	-	$	(9,123)
Current period change excluding amounts reclassified
	from accumulated other comprehensive income			1,159		(351)		-		808
Amounts reclassified from accumulated other
	comprehensive income			(2,603)		1,805		-		(798)
Total change in accumulated other comprehensive
	income			(1,444)		1,454		-		10
Balance as of September 30, 2012			$	2,724	$	(11,837)	$	-	$	(9,113)

			Three Months Ended				Nine Months Ended
			September 30,				September 30,
			2012		2011		2012		2011
			(millions of dollars)
Income Tax (Expense)/Credit For
	Components of Other Comprehensive Income
Foreign exchange translation adjustment			$	(55)	$	121	$	(92)	$	34
Postretirement benefits reserves adjustment
	Postretirement benefits reserves adjustment
		(excluding amortization)		100		(111)		190		126
	Amortization and settlement of postretirement benefits reserves
		adjustment included in net periodic benefit costs		(200)		(132)		(1,132)		(433)
Unrealized change in fair value on cash flow hedges
	Change in fair value of cash flow hedges			-		(9)		-		(14)
	Realized (gain)/loss from settled cash flow hedges
		included in net income		-		11		-		31
Total			$	(155)	$	(120)	$	(1,034)	$	(256)

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Disclosures About Segments And Related Information (Tables)

9 Months Ended

Sep. 30, 2012

Disclosures About Segments And Related Information [Abstract]

Disclosures About Segments And Related Information

			Three Months Ended				Nine Months Ended
			September 30,				September 30,
			2012		2011		2012		2011
			(millions of dollars)
EARNINGS AFTER INCOME TAX
	Upstream
		United States	$	633	$	1,184	$	2,321	$	3,912
		Non-U.S.		5,340		7,210		19,812		21,698
	Downstream
		United States		1,441		810		2,878		2,238
		Non-U.S. (1)		1,749		769		8,544		1,796
	Chemical
		United States		565		538		1,492		1,832
		Non-U.S. (1)		225		465		1,448		2,008
	All other			(383)		(646)		(1,565)		(1,824)
	Corporate total		$	9,570	$	10,330	$	34,930	$	31,660
(1)	Nine months ended September 30, 2012, includes the gain associated with the Japan restructuring (See Note 9)
	of $5.3 billion in the non-U.S. Downstream and $0.6 billion in the non-U.S. Chemical segments.
SALES AND OTHER OPERATING REVENUE (2)
	Upstream
		United States	$	2,830	$	3,686	$	8,404	$	10,601
		Non-U.S.		7,208		7,101		22,163		24,684
	Downstream
		United States		31,621		31,329		92,991		90,904
		Non-U.S.		60,763		67,591		190,590		192,742
	Chemical
		United States		3,493		4,053		11,167		11,829
		Non-U.S.		5,634		6,711		18,157		20,345
	All other			5		4		16		15
	Corporate total		$	111,554	$	120,475	$	343,488	$	351,120
(2)	Includes sales-based taxes
INTERSEGMENT REVENUE
	Upstream
		United States	$	1,935	$	2,232	$	6,538	$	7,189
		Non-U.S.		11,105		12,527		35,171		37,705
	Downstream
		United States		5,422		4,426		16,214		14,071
		Non-U.S.		15,309		17,854		47,215		53,987
	Chemical
		United States		3,301		2,884		9,429		9,202
		Non-U.S.		2,292		2,960		7,565		8,095
	All other			75		66		212		192

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Other Comprehensive Income Information (Tables)

9 Months Ended

Sep. 30, 2012

Other Comprehensive Income Information [Abstract]

Schedule Of Accumulated Other Comprehensive Income Information

			ExxonMobil Share of Accumulated
			Other Comprehensive Income
			Cumulative		Post-		Unrealized
			Foreign		retirement		Change in
			Exchange		Benefits		Fair Value
			Translation		Reserves		on Cash
			Adjustment		Adjustment		Flow Hedges		Total
		(millions of dollars)
Balance as of December 31, 2010			$	5,011	$	(9,889)	$	55	$	(4,823)
Current period change excluding amounts reclassified
	from accumulated other comprehensive income			(1,110)		(252)		24		(1,338)
Amounts reclassified from accumulated other
	comprehensive income			-		883		(50)		833
Total change in accumulated other comprehensive
	income			(1,110)		631		(26)		(505)
Balance as of September 30, 2011			$	3,901	$	(9,258)	$	29	$	(5,328)
Balance as of December 31, 2011			$	4,168	$	(13,291)	$	-	$	(9,123)
Current period change excluding amounts reclassified
	from accumulated other comprehensive income			1,159		(351)		-		808
Amounts reclassified from accumulated other
	comprehensive income			(2,603)		1,805		-		(798)
Total change in accumulated other comprehensive
	income			(1,444)		1,454		-		10
Balance as of September 30, 2012			$	2,724	$	(11,837)	$	-	$	(9,113)

Schedule Of Income Tax (Expense)/Credit For Components Of Other Comprehensive Income

			Three Months Ended				Nine Months Ended
			September 30,				September 30,
			2012		2011		2012		2011
			(millions of dollars)
Income Tax (Expense)/Credit For
	Components of Other Comprehensive Income
Foreign exchange translation adjustment			$	(55)	$	121	$	(92)	$	34
Postretirement benefits reserves adjustment
	Postretirement benefits reserves adjustment
		(excluding amortization)		100		(111)		190		126
	Amortization and settlement of postretirement benefits reserves
		adjustment included in net periodic benefit costs		(200)		(132)		(1,132)		(433)
Unrealized change in fair value on cash flow hedges
	Change in fair value of cash flow hedges			-		(9)		-		(14)
	Realized (gain)/loss from settled cash flow hedges
		included in net income		-		11		-		31
Total			$	(155)	$	(120)	$	(1,034)	$	(256)

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Disclosures About Segments And Related Information

9 Months Ended

Sep. 30, 2012

Disclosures About Segments And Related Information [Abstract]

Disclosures About Segments And Related Information

7.       Disclosures about Segments and Related Information

			Three Months Ended				Nine Months Ended
			September 30,				September 30,
			2012		2011		2012		2011
			(millions of dollars)
EARNINGS AFTER INCOME TAX
	Upstream
		United States	$	633	$	1,184	$	2,321	$	3,912
		Non-U.S.		5,340		7,210		19,812		21,698
	Downstream
		United States		1,441		810		2,878		2,238
		Non-U.S. (1)		1,749		769		8,544		1,796
	Chemical
		United States		565		538		1,492		1,832
		Non-U.S. (1)		225		465		1,448		2,008
	All other			(383)		(646)		(1,565)		(1,824)
	Corporate total		$	9,570	$	10,330	$	34,930	$	31,660
(1)	Nine months ended September 30, 2012, includes the gain associated with the Japan restructuring (See Note 9)
	of $5.3 billion in the non-U.S. Downstream and $0.6 billion in the non-U.S. Chemical segments.
SALES AND OTHER OPERATING REVENUE (2)
	Upstream
		United States	$	2,830	$	3,686	$	8,404	$	10,601
		Non-U.S.		7,208		7,101		22,163		24,684
	Downstream
		United States		31,621		31,329		92,991		90,904
		Non-U.S.		60,763		67,591		190,590		192,742
	Chemical
		United States		3,493		4,053		11,167		11,829
		Non-U.S.		5,634		6,711		18,157		20,345
	All other			5		4		16		15
	Corporate total		$	111,554	$	120,475	$	343,488	$	351,120
(2)	Includes sales-based taxes
INTERSEGMENT REVENUE
	Upstream
		United States	$	1,935	$	2,232	$	6,538	$	7,189
		Non-U.S.		11,105		12,527		35,171		37,705
	Downstream
		United States		5,422		4,426		16,214		14,071
		Non-U.S.		15,309		17,854		47,215		53,987
	Chemical
		United States		3,301		2,884		9,429		9,202
		Non-U.S.		2,292		2,960		7,565		8,095
	All other			75		66		212		192

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Pension And Other Postretirement Benefits

9 Months Ended

Sep. 30, 2012

Pension And Other Postretirement Benefits [Abstract]

Pension And Other Postretirement Benefits

5.       Pension and Other Postretirement Benefits

				Three Months Ended				Nine Months Ended
				September 30,				September 30,
				2012		2011		2012		2011
				(millions of dollars)
Pension Benefits - U.S.
	Components of net benefit cost
		Service cost		$	173	$	148	$	489	$	397
		Interest cost			205		198		615		594
		Expected return on plan assets			(196)		(192)		(590)		(577)
		Amortization of actuarial loss/(gain) and prior
			service cost		146		123		436		370
		Net pension enhancement and
			curtailment/settlement cost		123		64		369		266
		Net benefit cost		$	451	$	341	$	1,319	$	1,050
Pension Benefits - Non-U.S.
	Components of net benefit cost
		Service cost		$	156	$	147	$	490	$	432
		Interest cost			279		317		859		956
		Expected return on plan assets			(269)		(293)		(831)		(879)
		Amortization of actuarial loss/(gain) and prior
			service cost		228		189		719		566
		Net pension enhancement and
			curtailment/settlement cost (1)		109		7		1,538		7
		Net benefit cost		$	503	$	367	$	2,775	$	1,082
Other Postretirement Benefits
	Components of net benefit cost
		Service cost		$	31	$	30	$	100	$	94
		Interest cost			89		96		293		300
		Expected return on plan assets			(9)		(10)		(30)		(32)
		Amortization of actuarial loss/(gain) and prior
			service cost		48		47		156		153
		Net benefit cost		$	159	$	163	$	519	$	515

• Non-U.S. net pension enhancement and curtailment/settlement cost for the nine months ended September30, 2012, includes$1,420 million (on a consolidated-company, before-tax basis) of accumulated other comprehensive income for the postretirement benefit reserves adjustment that was recycled into earnings and included in the Japan restructuring gain reported in “Other income” (See Note 9).

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Financial Instruments

9 Months Ended

Sep. 30, 2012

Financial Instruments [Abstract]

Financial Instruments

6.       Financial Instruments

The fair value of financial instruments is determined by reference to observable market data and other valuation techniques as appropriate. The only category of financial instruments where the difference between fair value and recorded book value is notable is long-term debt. The estimated fair value of total long-term debt, including capitalized lease obligations, was $9.5 billion at September 30, 2012, and $9.8 billion at December 31, 2011, as compared to recorded book values of $8.9 billion at September 30, 2012, and $9.3 billion at December 31, 2011. The fair value of long-term debt by hierarchy level at September 30,2012, is shown below:

		As of September 30, 2012
	Level 1		Level 2		Level 3		Total
	(millions of dollars)
Long-term debt fair value		$ 6,594		$ 2,609		$ 322		$ 9,525

The fair value hierarchy for long-term debt is primarily Level 1 and represents quoted prices in active markets. Level 2 includes debt whose fair value is based upon a publicly available index. The Level 3 amount is primarily capitalized leases whose value is typically determined through the use of present value and specific contract terms.

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Accounting for Suspended Exploratory Well Costs

9 Months Ended

Sep. 30, 2012

Projects With Exploratory Well Costs Capitalized For More Than One Year [Abstract]

Accounting for Suspended Exploratory Well Costs

8.Accounting for Suspended Exploratory Well Costs

For the category of exploratory well costs at year-end 2011 that were suspended more than one year, a total of $95 million was expensed in the first nine months of 2012.

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Disclosures About Segments And Related Information (Narrative) (Details) (USD $) In Billions, unless otherwise specified	9 Months Ended
	Sep. 30, 2012
Segment Reporting Information [Line Items]
Gain associated with Japan Restructuring	$ 6.5
Downstream Non Us [Member]
Segment Reporting Information [Line Items]
Gain associated with Japan Restructuring	5.3
Chemical Non Us [Member]
Segment Reporting Information [Line Items]
Gain associated with Japan Restructuring	$ 0.6

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Pension And Other Postretirement Benefits (Tables)

9 Months Ended

Sep. 30, 2012

Pension And Other Postretirement Benefits [Abstract]

Pension And Other Postretirement Benefits

				Three Months Ended				Nine Months Ended
				September 30,				September 30,
				2012		2011		2012		2011
				(millions of dollars)
Pension Benefits - U.S.
	Components of net benefit cost
		Service cost		$	173	$	148	$	489	$	397
		Interest cost			205		198		615		594
		Expected return on plan assets			(196)		(192)		(590)		(577)
		Amortization of actuarial loss/(gain) and prior
			service cost		146		123		436		370
		Net pension enhancement and
			curtailment/settlement cost		123		64		369		266
		Net benefit cost		$	451	$	341	$	1,319	$	1,050
Pension Benefits - Non-U.S.
	Components of net benefit cost
		Service cost		$	156	$	147	$	490	$	432
		Interest cost			279		317		859		956
		Expected return on plan assets			(269)		(293)		(831)		(879)
		Amortization of actuarial loss/(gain) and prior
			service cost		228		189		719		566
		Net pension enhancement and
			curtailment/settlement cost (1)		109		7		1,538		7
		Net benefit cost		$	503	$	367	$	2,775	$	1,082
Other Postretirement Benefits
	Components of net benefit cost
		Service cost		$	31	$	30	$	100	$	94
		Interest cost			89		96		293		300
		Expected return on plan assets			(9)		(10)		(30)		(32)
		Amortization of actuarial loss/(gain) and prior
			service cost		48		47		156		153
		Net benefit cost		$	159	$	163	$	519	$	515

• Non-U.S. net pension enhancement and curtailment/settlement cost for the nine months ended September30, 2012, includes$1,420 million (on a consolidated-company, before-tax basis) of accumulated other comprehensive income for the postretirement benefit reserves adjustment that was recycled into earnings and included in the Japan restructuring gain reported in “Other income” (See Note 9).

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Litigation And Other Contingencies (Schedule Of Guarantees) (Details) (USD $) In Millions, unless otherwise specified	Sep. 30, 2012
Litigation And Other Contingencies [Line Items]
Guarantees	$ 9,734
Equity Company Obligations [Member]
Litigation And Other Contingencies [Line Items]
Guarantees	5,467	[1]
Other Third Party Obligations [Member]
Litigation And Other Contingencies [Line Items]
Guarantees	4,267
Debt Related Guarantees [Member]
Litigation And Other Contingencies [Line Items]
Guarantees	2,280
Debt Related Guarantees [Member] | Equity Company Obligations [Member]
Litigation And Other Contingencies [Line Items]
Guarantees	2,224	[1]
Debt Related Guarantees [Member] | Other Third Party Obligations [Member]
Litigation And Other Contingencies [Line Items]
Guarantees	56
Other Guarantees [Member]
Litigation And Other Contingencies [Line Items]
Guarantees	7,454
Other Guarantees [Member] | Equity Company Obligations [Member]
Litigation And Other Contingencies [Line Items]
Guarantees	3,243	[1]
Other Guarantees [Member] | Other Third Party Obligations [Member]
Litigation And Other Contingencies [Line Items]
Guarantees	$ 4,211

[1] ExxonMobil share

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Condensed Consolidated Balance Sheet (USD $) In Millions, unless otherwise specified	Sep. 30, 2012	Dec. 31, 2011
Current assets
Cash and cash equivalents	$ 13,055	$ 12,664
Cash and cash equivalents - restricted	206	404
Notes and accounts receivable - net	36,635	38,642
Inventories
Crude oil, products and merchandise	13,010	11,665
Materials and supplies	3,565	3,359
Other current assets	5,667	6,229
Total current assets	72,138	72,963
Investments, advances and long-term receivables	35,105	34,333
Property, plant and equipment - net	220,330	214,664
Other assets, including intangibles - net	7,618	9,092
Total assets	335,191	331,052
Current liabilities
Notes and loans payable	3,496	7,711
Accounts payable and accrued liabilities	53,516	57,067
Income taxes payable	13,049	12,727
Total current liabilities	70,061	77,505
Long-term debt	8,928	9,322
Postretirement benefits reserves	21,652	24,994
Deferred income tax liabilities	37,642	36,618
Other long-term obligations	24,553	21,869
Total liabilities	162,836	170,308
Commitments and contingencies (Note 2)
EQUITY
Common stock without par value: Authorized: 9,000 million shares; Issued: 8,019 million shares	9,645	9,512
Earnings reinvested	358,369	330,939
Accumulated other comprehensive income	(9,113)	(9,123)
Common stock held in treasury: 3,460 million shares at September 30, 2012; 3,285 million shares at December 31, 2011	(192,188)	(176,932)
ExxonMobil share of equity	166,713	154,396
Noncontrolling interests	5,642	6,348
Total equity	172,355	160,744
Total liabilities and equity	$ 335,191	$ 331,052

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Litigation And Other Contingencies

9 Months Ended

Sep. 30, 2012

Litigation And Other Contingencies [Abstract]

Litigation And Other Contingencies

2.Litigation and Other Contingencies

Litigation

A variety of claims have been made against ExxonMobil and certain of its consolidated subsidiaries in a number of pending lawsuits. Management has regular litigation reviews, including updates from corporate and outside counsel, to assess the need for accounting recognition or disclosure of these contingencies. The Corporation accrues an undiscounted liability for those contingencies where the incurrence of a loss is probable and the amount can be reasonably estimated. If a range of amounts can be reasonably estimated and no amount within the range is a better estimate than any other amount, then the minimum of the range is accrued. The Corporation does not record liabilities when the likelihood that the liability has been incurred is probable but the amount cannot be reasonably estimated or when the liability is believed to be only reasonably possible or remote. For contingencies where an unfavorable outcome is reasonably possible and which are significant, the Corporation discloses the nature of the contingency and, where feasible, an estimate of the possible loss. For purposes of our contingency disclosures, “significant” includes material matters as well as other matters which management believes should be disclosed. ExxonMobil will continue to defend itself vigorously in these matters. Based on a consideration of all relevant facts and circumstances, the Corporation does not believe the ultimate outcome of any currently pending lawsuit against ExxonMobil will have a material adverse effect upon the Corporation's operations, financial condition, or financial statements taken as a whole.

On June 30, 2011, a state district court jury in Baltimore County, Maryland returned a verdict against Exxon Mobil Corporation in Allison, et al v. Exxon Mobil Corporation, a case involving an accidental 26,000 gallon gasoline leak at a suburban Baltimore service station. The verdict included approximately $497 million in compensatory damages and approximately $1.0 billion in punitive damages in a finding that ExxonMobil fraudulently misled the plaintiff-residents about the events leading up to the leak, the leak's discovery, and the nature and extent of any groundwater contamination. ExxonMobil believes the verdict is not justified by the evidence and that the amount of the compensatory award is grossly excessive and the imposition of punitive damages is improper and unconstitutional. The trial court denied a post-trial motion that ExxonMobil filed to overturn the punitive damages verdict and entered a final judgment in the amount of $1,488 million. ExxonMobil has appealed the verdict and judgment. The appeal is pending before the Maryland Court of Appeals. In an earlier trial involving the same leak and different plaintiffs, the jury awarded compensatory damages but rejected the plaintiffs' punitive damages claims. Those plaintiffs did not appeal the jury's denial of punitive damages. On February 9, 2012, the Maryland Court of Special Appeals reversed in part and affirmed in part the trial court's decision on compensatory damages in that case. The Maryland Court of Appeals granted writs of certiorari to both parties in response to their separate petitions seeking reversals of portions of the Court of Special Appeals' decision. The appeals in both of these cases were consolidated before the Maryland Court of Appeals and arguments were held on November 5, 2012. The ultimate outcome of all of this litigation is not expected to have a material adverse effect upon the Corporation's operations, financial condition, or financial statements taken as a whole.

Other Contingencies

The Corporation and certain of its consolidated subsidiaries were contingently liable at September 30, 2012, for guarantees relating to notes, loans and performance under contracts. These guarantees are not reasonably likely to have a material effect on the Corporation's financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources.

			As of September 30, 2012
			Equity		Other
			Company		Third Party
			Obligations (1)		Obligations		Total
			(millions of dollars)
Guarantees
	Debt-related		$	2,224	$	56	$	2,280
	Other			3,243		4,211		7,454
		Total	$	5,467	$	4,267	$	9,734
(1) ExxonMobil share

Additionally, the Corporation and its affiliates have numerous long-term sales and purchase commitments in their various business activities, all of which are expected to be fulfilled with no adverse consequences material to the Corporation's operations or financial condition. The Corporation's outstanding unconditional purchase obligations at September 30, 2012, were similar to those at the prior year-end period. Unconditional purchase obligations as defined by accounting standards are those long-term commitments that are noncancelable or cancelable only under certain conditions, and that third parties have used to secure financing for the facilities that will provide the contracted goods or services.

The operations and earnings of the Corporation and its affiliates throughout the world have been, and may in the future be, affected from time to time in varying degree by political developments and laws and regulations, such as forced divestiture of assets; restrictions on production, imports and exports; price controls; tax increases and retroactive tax claims; expropriation of property; cancellation of contract rights and environmental regulations. Both the likelihood of such occurrences and their overall effect upon the Corporation vary greatly from country to country and are not predictable.

In accordance with a nationalization decree issued by Venezuela's president in February 2007, by May 1, 2007 a subsidiary of the Venezuelan National Oil Company (PdVSA) assumed the operatorship of the Cerro Negro Heavy Oil Project. This Project had been operated and owned by ExxonMobil affiliates holding a 41.67 percent ownership interest in the Project. The decree also required conversion of the Cerro Negro Project into a “mixed enterprise” and an increase in PdVSA's or one of its affiliate's ownership interest in the Project, with the stipulation that if ExxonMobil refused to accept the terms for the formation of the mixed enterprise within a specified period of time, the government would “directly assume the activities” carried out by the joint venture. ExxonMobil refused to accede to the terms proffered by the government, and on June 27, 2007, the government expropriated ExxonMobil's 41.67 percent interest in the Cerro Negro Project. ExxonMobil's remaining net book investment in Cerro Negro producing assets is about $750 million.

On September 6, 2007, affiliates of ExxonMobil filed a Request for Arbitration with the International Centre for Settlement of Investment Disputes (ICSID) invoking ICSID jurisdiction under Venezuela's Investment Law and the Netherlands-Venezuela Bilateral Investment Treaty. The ICSID Tribunal issued a decision on June 10, 2010, finding that it had jurisdiction to proceed on the basis of the Netherlands-Venezuela Bilateral Investment Treaty. The ICSID arbitration proceeding is continuing and a hearing on the merits was held in February 2012. At this time, the net impact of these matters on the Corporation's consolidated financial results cannot be reasonably estimated. Regardless, the Corporation does not expect the resolution to have a material effect upon the Corporation's operations or financial condition.

An affiliate of ExxonMobil is one of the Contractors under a Production Sharing Contract (PSC) with the Nigerian National Petroleum Corporation (NNPC) covering the Erha block located in the offshore waters of Nigeria. ExxonMobil's affiliate is the operator of the block and owns a 56.25 percent interest under the PSC. The Contractors are in dispute with NNPC regarding NNPC's lifting of crude oil in excess of its entitlement under the terms of the PSC. In accordance with the terms of the PSC, the Contractors initiated arbitration in Abuja, Nigeria, under the Nigerian Arbitration and Conciliation Act. On October 24, 2011, a three-member arbitral Tribunal issued an award upholding the Contractors' position in all material respects and awarding damages to the Contractors jointly in an amount of approximately $1.8 billion plus $234 million in accrued interest. The Contractors petitioned a Nigerian federal court for enforcement of the award, and NNPC petitioned the same court to have the award set aside. On May 22, 2012, the court set aside the award. The Contractors have appealed that judgment. At this time, the net impact of this matter on the Corporation's consolidated financial results cannot be reasonably estimated. However, regardless of the outcome of enforcement proceedings, the Corporation does not expect the proceedings to have a material effect upon the Corporation's operations or financial condition.

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Other Comprehensive Income Information (Schedule Of Accumulated Other Comprehensive Income Information) (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2011
Current period change excluding amounts reclassified from accumulated other comprehensive income, Cumulative Foreign Exchange Translation Adjustment	$ 1,620	$ (3,336)	$ 1,298	$ (1,224)
Amounts reclassified from accumulated other comprehensive income, Cumulative Foreign Exchange Translation Adjustment	(119)		(4,354)
Current period change excluding amounts reclassified from accumulated other comprehensive income, Postretirement Benefits Reserves Adjustment	454	298	2,083	929
Amounts reclassified from accumulated other comprehensive income	(224)	272	(404)	(293)
Current period change excluding amounts reclassified from accumulated other comprehensive income, Unrealized Change in Fair Value on Cash Flow Hedges		14		24
Amounts reclassified from accumulated other comprehensive income, Unrealized Change in Fair Value on Cash Flow Hedges		(17)		(50)
Beginning Balance, Total			(9,123)
Other comprehensive income	1,731	(2,769)	(1,377)	(614)
Ending Balance, Total	(9,113)		(9,113)
Exxon Mobil Corporation Share After Noncontrolling Interest [Member]
Beginning Balance, Cumulative Foreign Exchange Translation Adjustment			4,168	5,011
Current period change excluding amounts reclassified from accumulated other comprehensive income, Cumulative Foreign Exchange Translation Adjustment			1,159	(1,110)
Amounts reclassified from accumulated other comprehensive income, Cumulative Foreign Exchange Translation Adjustment			(2,603)
Total change in accumulated other comprehensive income, Cumulative Foreign Exchange Translation Adjustment			(1,444)	(1,110)
Ending Balance, Cumulative Foreign Exchange Translation Adjustment	2,724	3,901	2,724	3,901
Beginning Balance, Postretirement Benefits Reserves Adjustment			(13,291)	(9,889)
Current period change excluding amounts reclassified from accumulated other comprehensive income, Postretirement Benefits Reserves Adjustment			(351)	(252)
Amounts reclassified from accumulated other comprehensive income			1,805	883
Total change in accumulated other comprehensive income, Postretirement Benefits Reserves Adjustment			1,454	631
Ending Balance, Postretirement Benefits Reserves Adjustment	(11,837)	(9,258)	(11,837)	(9,258)
Beginning Balance, Unrealized Change in Fair Value on Cash Flow Hedges				55
Current period change excluding amounts reclassified from accumulated other comprehensive income, Unrealized Change in Fair Value on Cash Flow Hedges				24
Amounts reclassified from accumulated other comprehensive income, Unrealized Change in Fair Value on Cash Flow Hedges				(50)
Total change in accumulated other comprehensive income, Unrealized Change in Fair Value on Cash Flow Hedges				(26)
Ending Balance, Unrealized Change in Fair Value on Cash Flow Hedges		29		29
Beginning Balance, Total			(9,123)	(4,823)
Current period change excluding amounts reclassified from accumulated other comprehensive income, Total			808	(1,338)
Amounts reclassified from accumulated other comprehensive income, Total			(798)	833
Other comprehensive income			10	(505)
Ending Balance, Total	$ (9,113)	$ (5,328)	$ (9,113)	$ (5,328)

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Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2012

Earnings Per Share [Abstract]

Earnings Per Share Computation

			Three Months Ended				Nine Months Ended
			September 30,				September 30,
			2012		2011		2012		2011
Earnings per common share
Net income attributable to ExxonMobil (millions of dollars)			$	9,570	$	10,330	$	34,930	$	31,660
Weighted average number of common shares
	outstanding (millions of shares)			4,597		4,839		4,657		4,902
Earnings per common share (dollars)			$	2.09	$	2.13	$	7.50	$	6.46
Earnings per common share - assuming dilution
Net income attributable to ExxonMobil (millions of dollars)			$	9,570	$	10,330	$	34,930	$	31,660
Weighted average number of common shares
	outstanding (millions of shares)			4,597		4,839		4,657		4,902
		Effect of employee stock-based awards		-		4		-		6
Weighted average number of common shares
	outstanding - assuming dilution			4,597		4,843		4,657		4,908
Earnings per common share
	- assuming dilution (dollars)		$	2.09	$	2.13	$	7.50	$	6.45