Income And Other Taxes (Tables)
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12 Months Ended |
Dec. 31, 2019 |
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| Income And Other Taxes [Abstract] |
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| Schedule Of Income And Other Taxes |
| | | | | | | 2019 | | | | | | 2018 | | | | | | 2017 | | | | | | | | U.S. | Non-U.S. | Total | | U.S. | Non-U.S. | Total | | U.S. | Non-U.S. | Total | | | | | | | | | | | | (millions of dollars) | | | | | | | Income tax expense | | | | | | | | | | | | | | | | | | | | Federal and non-U.S. | | | | | | | | | | | | | | | | | | | | | Current | | (121) | | 6,171 | | 6,050 | | 459 | | 9,001 | | 9,460 | | 577 | | 6,633 | | 7,210 | | | Deferred - net | | (255) | | (420) | | (675) | | 518 | | (614) | | (96) | | (9,075) | | 754 | | (8,321) | | U.S. tax on non-U.S. operations | | 89 | | - | | 89 | | 42 | | - | | 42 | | 17 | | - | | 17 | | | | Total federal and non-U.S. | | (287) | | 5,751 | | 5,464 | | 1,019 | | 8,387 | | 9,406 | | (8,481) | | 7,387 | | (1,094) | | State | | (182) | | - | | (182) | | 126 | | - | | 126 | | (80) | | - | | (80) | | | | Total income tax expense | | (469) | | 5,751 | | 5,282 | | 1,145 | | 8,387 | | 9,532 | | (8,561) | | 7,387 | | (1,174) | All other taxes and duties | | | | | | | | | | | | | | | | | | | | Other taxes and duties | | 3,566 | | 26,959 | | 30,525 | | 3,498 | | 29,165 | | 32,663 | | 3,330 | | 26,774 | | 30,104 | | Included in production and | | | | | | | | | | | | | | | | | | | | | manufacturing expenses | | 1,385 | | 811 | | 2,196 | | 1,245 | | 857 | | 2,102 | | 1,107 | | 747 | | 1,854 | | Included in SG&A expenses | | 160 | | 305 | | 465 | | 153 | | 312 | | 465 | | 147 | | 354 | | 501 | | | Total other taxes and duties | | 5,111 | | 28,075 | | 33,186 | | 4,896 | | 30,334 | | 35,230 | | 4,584 | | 27,875 | | 32,459 | | | | Total | | 4,642 | | 33,826 | | 38,468 | | 6,041 | | 38,721 | | 44,762 | | (3,977) | | 35,262 | | 31,285 | | | | | | | | | | | | | | | | | | | | | | |
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| Reconciliation Between Income Tax Expense And A Theoretical U.S. Tax |
| | | | 2019 | | 2018 | | 2017 | | | | | (millions of dollars) | Income before income taxes | | | | | | | | United States | | (53) | | 5,200 | | (754) | | Non-U.S. | | 20,109 | | 25,753 | | 19,428 | | | Total | | 20,056 | | 30,953 | | 18,674 | Theoretical tax | | 4,212 | | 6,500 | | 6,536 | Effect of equity method of accounting | | (1,143) | | (1,545) | | (1,883) | Non-U.S. taxes in excess of/(less than) theoretical U.S. tax (1) | | 2,573 | | 4,626 | | 1,848 | Enactment-date effects of U.S. tax reform | | - | | (291) | | (5,942) | Other (2) | | (360) | | 242 | | (1,733) | | | Total income tax expense | | 5,282 | | 9,532 | | (1,174) | | | | | | | | | | Effective tax rate calculation | | | | | | | Income taxes | | 5,282 | | 9,532 | | (1,174) | ExxonMobil share of equity company income taxes | | 2,490 | | 3,142 | | 2,228 | | | Total income taxes | | 7,772 | | 12,674 | | 1,054 | Net income including noncontrolling interests | | 14,774 | | 21,421 | | 19,848 | | | Total income before taxes | | 22,546 | | 34,095 | | 20,902 | | | | | | | | | | Effective income tax rate | | 34% | | 37% | | 5% |
(1) 2019 includes taxes less than the theoretical U.S. tax of $773 million from Norway operations and the sale of upstream assets, $657 million from a tax rate change in Alberta, Canada, and $268 million from an adjustment to a prior year tax position. (2) 2017 includes taxes less than the theoretical U.S. tax of $708 million from an exploration tax benefit.
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| Deferred Tax Liabilities/(Assets) |
Tax effects of temporary differences for: | | 2019 | | 2018 | | | | (millions of dollars) | | | | | | | Property, plant and equipment | | 36,029 | | 35,745 | Other liabilities | | 7,653 | | 6,516 | | Total deferred tax liabilities | | 43,682 | | 42,261 | | | | | | | Pension and other postretirement benefits | | (4,712) | | (4,115) | Asset retirement obligations | | (3,403) | | (4,118) | Tax loss carryforwards | | (7,404) | | (6,321) | Other assets | | (7,735) | | (5,498) | | Total deferred tax assets | | (23,254) | | (20,052) | | | | | | | Asset valuation allowances | | 1,924 | | 1,826 | | Net deferred tax liabilities | | 22,352 | | 24,035 |
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| Deferred Income Tax (Assets) And Liabilities By Balance Sheet Classification |
Balance sheet classification | | 2019 | | 2018 | | | | (millions of dollars) | | | | | | | Other assets, including intangibles, net | | (3,268) | | (3,209) | Deferred income tax liabilities | | 25,620 | | 27,244 | | Net deferred tax liabilities | | 22,352 | | 24,035 |
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| Unrecognized Tax Benefits |
Gross unrecognized tax benefits | 2019 | | 2018 | | 2017 | | | (millions of dollars) | | | | | | | | Balance at January 1 | 9,174 | | 8,783 | | 9,468 | | Additions based on current year's tax positions | 287 | | 375 | | 522 | | Additions for prior years' tax positions | 120 | | 240 | | 523 | | Reductions for prior years' tax positions | (97) | | (125) | | (865) | | Reductions due to lapse of the statute of limitations | (279) | | (5) | | (113) | | Settlements with tax authorities | (538) | | (68) | | (782) | | Foreign exchange effects/other | 177 | | (26) | | 30 | Balance at December 31 | 8,844 | | 9,174 | | 8,783 |
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| Remaining Tax Years Subject To Examination By Major Tax Jurisdiction |
| Country of Operation | Open Tax Years | | | Abu Dhabi | | | 2018 | - | 2019 | | | Angola | | | 2018 | - | 2019 | | | Australia | | | 2010 | - | 2019 | | | Belgium | | | 2017 | - | 2019 | | | Canada | | | 2000 | - | 2019 | | | Equatorial Guinea | | | 2007 | - | 2019 | | | Indonesia | | | 2007 | - | 2019 | | | Iraq | | | 2014 | - | 2019 | | | Malaysia | | | 2011 | - | 2019 | | | Nigeria | | | 2006 | - | 2019 | | | Norway | | | 2007 | - | 2019 | | | Papua New Guinea | | | 2008 | - | 2019 | | | Russia | | | 2017 | - | 2019 | | | United Kingdom | | | 2015 | - | 2019 | | | United States | | | 2006 | - | 2019 | |
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