v2.4.0.6
Consolidated Balance Sheet (USD $)
In Millions, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
Assets    
Cash and cash equivalents $ 5,780 [1] $ 9,454 [1]
Short-term investments 581 [1],[2] 973 [1],[2]
Accounts and notes receivable (net of allowance of $30 million in 2011 and $32 million in 2010) 14,648 [1] 13,787 [1]
Accounts and notes receivable-related parties 1,878 [1] 2,025 [1]
Investment in LUKOIL   1,083 [1]
Inventories 4,631 [1] 5,197 [1]
Prepaid expenses and other current assets 2,700 [1] 2,141 [1]
Total Current Assets 30,218 [1] 34,660 [1]
Investments and long-term receivables 32,108 [1] 31,581 [1]
Loans and advances-related parties 1,675 [1] 2,180 [1]
Net properties, plants and equipment 84,180 [1] 82,554 [1]
Goodwill 3,332 [1] 3,633 [1]
Intangibles 745 [1] 801 [1]
Other assets 972 [1] 905 [1]
Total Assets 153,230 [1] 156,314 [1]
Liabilities    
Accounts payable 17,973 [1] 16,613 [1]
Accounts payable-related parties 1,680 [1] 1,786 [1]
Short-term debt 1,013 [1] 936 [1]
Accrued income and other taxes 4,220 [1] 4,874 [1]
Employee benefit obligations 1,111 [1] 1,081 [1]
Other accruals 2,071 [1] 2,129 [1]
Total Current Liabilities 28,068 [1] 27,419 [1]
Long-term debt 21,610 [1] 22,656 [1]
Asset retirement obligations and accrued environmental costs 9,329 [1] 9,199 [1]
Joint venture acquisition obligation-related party 3,582 [1] 4,314 [1]
Deferred income taxes 18,040 [1] 17,320 [1]
Employee benefit obligations 4,068 [1] 3,683 [1]
Other liabilities and deferred credits 2,784 [1] 2,599 [1]
Total Liabilities 87,481 [1] 87,190 [1]
Equity    
Common stock (2,500,000,000 shares authorized at $.01 par value) Issued (2011-1,749,550,587 shares; 2010-1,740,529,279 shares) Par value 17 [1] 17 [1]
Capital in excess of par 44,725 [1] 44,132 [1]
Grantor trusts (at cost: 2010-36,890,375 shares)   (633) [1]
Treasury stock (at cost: 2011-463,880,628 shares; 2010-272,873,537 shares) (31,787) [1] (20,077) [1]
Accumulated other comprehensive income 3,246 [1] 4,933 [1]
Unearned employee compensation (11) [1] (47) [1]
Retained earnings 49,049 [1] 40,252 [1]
Total Common Stockholders' Equity 65,239 [1] 68,577 [1]
Noncontrolling interests 510 [1] 547 [1]
Total Equity 65,749 [1] 69,124 [1]
Total Liabilities and Equity $ 153,230 [1] $ 156,314 [1]
[1] Certain amounts have been restated to reflect a prior period adjustment. See Note 21-Accumulated Other Comprehensive Income, in the Notes to Consolidated Financial Statements.
[2] Includes marketable securities of: $ 232 602