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Equity Company Information | 12 Months Ended
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Dec. 31, 2024
Equity Method Investment, Financial Statement, Reported Amounts [Abstract] |
Equity Company Information | Equity Company Information The summarized financial information below includes amounts related to certain less-than-majority-owned companies and majority-owned subsidiaries where minority shareholders possess the right to participate in significant management decisions (see Note 1). These companies are primarily engaged in oil and gas exploration and production, natural gas marketing, transportation of crude oil, and petrochemical manufacturing in North America; natural gas production and distribution in Europe; LNG operations in Africa; and exploration, production, LNG operations, and the manufacture and sale of petroleum and petrochemical products in Asia and the Middle East. Also included are several refining and marketing ventures. The share of total equity company revenues from sales to ExxonMobil consolidated companies was 9 percent, 9 percent, and 11 percent in the years 2024, 2023, and 2022, respectively. The Corporation’s ownership in these ventures is in the form of shares in corporate joint ventures as well as interests in partnerships. Differences between the Company’s carrying value of an equity investment and its underlying equity in the net assets of the affiliate are assigned, to the extent practicable, to specific assets and liabilities based on the Company’s analysis of the factors giving rise to the difference. The amortization of this difference, as appropriate, is included in “Income from equity affiliates” on the Consolidated Statement of Income.
Equity Company Financial Summary (millions of dollars) |  | 2024 |  | 2023 |  | 2022
| Total | ExxonMobil Share |  | Total | ExxonMobil Share |  | Total | ExxonMobil Share
Total revenues |  | 117,036 |  | 35,532 |  |  | 132,783 |  | 40,682 |  |  | 183,812 |  | 57,528 |
Income before income taxes |  | 33,357 |  | 9,304 |  |  | 35,999 |  | 10,078 |  |  | 61,550 |  | 19,279 |
Income taxes |  | 11,434 |  | 3,209 |  |  | 11,404 |  | 3,085 |  |  | 23,149 |  | 7,603 |
Income from equity affiliates |  | 21,923 |  | 6,095 |  |  | 24,595 |  | 6,993 |  |  | 38,401 |  | 11,676 |
Current assets |  | 50,779 |  | 18,286 |  |  | 53,081 |  | 18,713 |  |  | 77,457 |  | 24,994 |
Long-term assets |  | 145,671 |  | 39,092 |  |  | 150,198 |  | 40,986 |  |  | 153,186 |  | 42,921 |
Total assets |  | 196,450 |  | 57,378 |  |  | 203,279 |  | 59,699 |  |  | 230,643 |  | 67,915 |
Current liabilities |  | 26,786 |  | 8,699 |  |  | 30,721 |  | 9,652 |  |  | 53,640 |  | 15,555 |
Long-term liabilities |  | 55,218 |  | 16,484 |  |  | 57,237 |  | 17,059 |  |  | 62,009 |  | 18,929 |
Net assets |  | 114,446 |  | 32,195 |  |  | 115,321 |  | 32,988 |  |  | 114,994 |  | 33,431 |
A list of significant equity companies as of December 31, 2024, together with the Corporation’s percentage ownership interest, is detailed below:
| Percentage Ownership Interest
Upstream |
Barzan Gas Company Limited | 7
BEB Erdgas und Erdoel GmbH & Co. KG | 50
Caspian Pipeline Consortium | 8
Coral FLNG S.A. | 25
Cross Timbers Energy LLC | 50
GasTerra B.V. | 25
Golden Pass LNG Terminal LLC | 30
Golden Pass Pipeline LLC | 30
Marine Well Containment Company LLC | 11
Mozambique Rovuma Venture S.p.A. | 36
Nederlandse Aardolie Maatschappij B.V. | 50
Papua New Guinea Liquefied Natural Gas Global Company LDC | 33
Permian Highway Pipeline LLC | 17
QatarEnergy LNG N (2) | 24
QatarEnergy LNG NFE (3) | 25
QatarEnergy LNG S (1) | 25
QatarEnergy LNG S (2) | 31
QatarEnergy LNG S (3) | 30
South Hook LNG Terminal Company Limited | 24
Tengizchevroil LLP | 25
Energy Products, Chemical Products, and/or Specialty Products |
Al-Jubail Petrochemical Company | 50
Alberta Products Pipe Line Ltd. | 45
Fujian Refining & Petrochemical Co. Ltd. | 25
Gulf Coast Growth Ventures LLC | 50
Infineum USA L.P. | 50
Permian Express Partners LLC | 12
Saudi Aramco Mobil Refinery Company Ltd. | 50
Saudi Yanbu Petrochemical Co. | 50

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- Definition The entire disclosure for equity method investments and joint ventures. Equity method investments are investments that give the investor the ability to exercise significant influence over the operating and financial policies of an investee. Joint ventures are entities owned and operated by a small group of businesses as a separate and specific business or project for the mutual benefit of the members of the group. + References Reference 1: http://www.xbrl.org/2003/role/recommendedDisclosureRef -Topic 740 -SubTopic 323 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478156/740-323-50-2 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 323 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (a)(3) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481687/323-10-50-3 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 323 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481687/323-10-50-3 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Topic 323 -Publisher FASB -URI https://asc.fasb.org/323/tableOfContent + Details
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