Other Comprehensive Income Information |
Note 4. Other Comprehensive Income Information | | | | | | | | | | | | ExxonMobil Share of Accumulated Other Comprehensive Income (millions of dollars) | Cumulative Foreign Exchange Translation Adjustment | Postretirement Benefits Reserves Adjustment | Total | Balance as of December 31, 2023 | (13,056) | | 1,067 | | (11,989) | | Current period change excluding amounts reclassified from accumulated other comprehensive income (1) | (1,197) | | (21) | | (1,218) | | Amounts reclassified from accumulated other comprehensive income | — | | 20 | | 20 | | Total change in accumulated other comprehensive income | (1,197) | | (1) | | (1,198) | | Balance as of June 30, 2024 | (14,253) | | 1,066 | | (13,187) | | | | | | Balance as of December 31, 2024 | (16,166) | | 1,547 | | (14,619) | | Current period change excluding amounts reclassified from accumulated other comprehensive income (1) | 2,200 | | (46) | | 2,154 | | Amounts reclassified from accumulated other comprehensive income | — | | 29 | | 29 | | Total change in accumulated other comprehensive income | 2,200 | | (17) | | 2,183 | | Balance as of June 30, 2025 | (13,966) | | 1,530 | | (12,436) | | | | | | (1) Cumulative Foreign Exchange Translation Adjustment includes net investment hedge gain/(loss) net of taxes of $(293) million and $123 million in 2025 and 2024, respectively. |
| | | | | | | | | | | | | | | Amounts Reclassified Out of Accumulated Other Comprehensive Income - Before-tax Income/(Expense) (millions of dollars) | Three Months Ended June 30, | Six Months Ended June 30, | 2025 | 2024 | 2025 | 2024 | | | | | | Amortization and settlement of postretirement benefits reserves adjustment included in net periodic benefit costs | | | | | (Statement of Income line: Non-service pension and postretirement benefit expense) | (7) | | (22) | | (37) | | (34) | |
| | | | | | | | | | | | | | | Income Tax (Expense)/Credit For Components of Other Comprehensive Income (millions of dollars) | Three Months Ended June 30, | Six Months Ended June 30, | 2025 | 2024 | 2025 | 2024 | Foreign exchange translation adjustment | 47 | | 69 | | 106 | | (6) | | Postretirement benefits reserves adjustment (excluding amortization) | 16 | | (10) | | 38 | | (6) | | Amortization and settlement of postretirement benefits reserves adjustment included in net periodic benefit costs | — | | (5) | | (7) | | (8) | | Total | 63 | | 54 | | 137 | | (20) | |
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