Annual Report of Employee Stock Plans (11-k)
June 16 2016 - 3:33PM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 11‑K
|
[x] ANNUAL REPORT PURSUANT TO
SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
|
|
For the fiscal year ended December 31, 2015
OR
|
[ ] TRANSITION REPORT PURSUANT TO
SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
|
|
For the transition period from __________ to ___________
Commission file number 1-2256
|
A.
Full title of the plan and the
address of the plan, if different from that of the issuer named below:
|
|
EXXONMOBIL SAVINGS PLAN
|
B.
Name of issuer of the securities
held pursuant to the plan and the address of its principal executive office:
|
|
EXXON MOBIL CORPORATION
5959 Las Colinas Boulevard
Irving, Texas 75039-2298
EXXONMOBIL SAVINGS PLAN
TABLE OF CONTENTS
|
Page
|
|
|
Financial
Statements
|
|
|
|
Statements of Net Assets Available for Benefits
|
3
|
|
|
Statement of Changes in Net Assets Available for Benefits
|
4
|
|
|
Notes to Financial Statements
|
5-9
|
|
|
Supplemental
Schedule
|
|
|
|
Schedule H, Line 4i - Schedule of Assets (Held At End Of Year)
|
10-11
|
|
|
Report of
Independent Registered Public Accounting Firm
|
12
|
|
|
Signature
|
13
|
|
|
Exhibit
Index
|
14
|
|
|
|
|
|
|
|
|
|
|
|
EXXONMOBIL SAVINGS PLAN
|
STATEMENTS OF NET ASSETS
AVAILABLE FOR BENEFITS
|
(millions of dollars)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
December 31,
|
|
|
|
|
|
|
2015
|
|
|
2014
|
|
|
Assets
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Investments,
at fair value (Note 5):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Exxon
Mobil Corporation common stock
|
|
10,721
|
|
|
12,907
|
|
|
|
|
|
|
|
|
|
|
|
|
Other
investments
|
|
8,841
|
|
|
9,213
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other
investments lent
|
|
-
|
|
|
19
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
investments
|
|
19,562
|
|
|
22,139
|
|
|
|
|
|
|
|
|
|
|
|
Receivables:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Notes
receivable from participants
|
|
200
|
|
|
210
|
|
|
|
|
|
|
|
|
|
|
|
|
Other
receivables
|
|
1
|
|
|
6
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
receivables
|
|
201
|
|
|
216
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
assets
|
|
19,763
|
|
|
22,355
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Liabilities
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Payables
and accrued liabilities
|
|
45
|
|
|
39
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Payable
for cash collateral on securities loaned
|
|
-
|
|
|
19
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
liabilities
|
|
45
|
|
|
58
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net
assets available for benefits
|
|
19,718
|
|
|
22,297
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
The accompanying notes
are an integral part of these financial statements.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
EXXONMOBIL SAVINGS PLAN
|
STATEMENT OF CHANGES IN
NET ASSETS AVAILABLE FOR BENEFITS
|
FOR THE YEAR ENDED
DECEMBER 31, 2015
|
(millions of dollars)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Contributions:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Employer
|
|
|
|
|
298
|
|
|
|
|
Participant
|
|
|
|
|
486
|
|
|
|
|
Transfers-in
at fair value
|
|
|
|
|
11
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
contributions
|
|
|
|
|
795
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Investment
income/(loss):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest
|
|
|
|
|
48
|
|
|
|
|
Dividends
|
|
|
|
|
397
|
|
|
|
|
Net
depreciation in fair value of investments
|
|
|
|
|
(2,021)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net
investment loss
|
|
|
|
|
(1,576)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest
income on notes receivable from participants
|
|
|
|
|
8
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Benefit
payments
|
|
|
|
|
(1,806)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net
decrease
|
|
|
|
|
(2,579)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net
assets available for benefits:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Beginning
of year
|
|
|
|
|
22,297
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
End
of year
|
|
|
|
|
19,718
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
The accompanying notes
are an integral part of these financial statements.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
EXXONMOBIL SAVINGS PLAN
NOTES TO FINANCIAL
STATEMENTS
Note 1: Description of the Plan
General
Active participants in the ExxonMobil Savings Plan
("Plan") are eligible employees of Exxon Mobil Corporation
("ExxonMobil" or the “Company") and certain affiliated
employers. The terms and conditions of the Plan are contained in the
ExxonMobil Benefit Plans Common Provisions document, the ExxonMobil Savings
Plan document, and the ExxonMobil Savings Trust document (collectively, the
"Plan Document"). The Plan is an "employee pension benefit
plan" described in Section 3(2) of the Employee Retirement Income Security
Act of 1974 ("ERISA"), a "defined contribution plan"
described in Section 3(34) of ERISA, and a non-leveraged Employee Stock
Ownership Plan.
Contributions
The Plan permits
p
articipant
contributions that range from 6 percent to 20 percent of each participant’s
eligible pay. The Company matches only the minimum 6 percent contribution in an
amount equal to 7 percent of a participant’s eligible pay.
Employees who are at least age 50 during the plan year and who
maximize the combination of their regular pretax and Roth contributions may
elect to make additional contributions.
Vesting
Participants are immediately vested in their contributions and all
earnings. Company contributions vest at 100 percent upon the earliest of
completion of 3 years of vesting service, reaching age 65 while employed, or
death while an employee.
Forfeitures
During 2015, employer contributions totaling $1 million were
forfeited by terminating employees and used to offset employer contributions.
Other Plan Provisions
Other Plan provisions including eligibility, enrollment,
participation, forfeiture, loans, benefit payments (including withdrawals and
distributions), and investment options are described in the Plan Document.
Plan Termination
The Company may terminate
or amend the Plan at any time. In the event of termination, the net assets of
the Plan will be distributed in accordance with ERISA.
EXXONMOBIL SAVINGS PLAN
NOTES
TO FINANCIAL STATEMENTS
Note 2: Summary of
Significant Accounting Policies
Basis of Accounting
The financial statements
of the Plan are presented on the accrual basis. Benefit payments are reported
when paid.
Investment Valuation and
Income Recognition
Investments are stated at
fair value as described in Note 5.
Under the terms of its
trust agreement, the Plan engaged in an authorized form of security lending
activities during the years ended December 31, 2015 and 2014. In accordance with
the Savings Plan Securities Lending Agreement with The Northern Trust Company,
the market value of the collateral held is required to be at least 102 percent
of the market value of securities lent or at least 105 percent if the
collateral held and securities lent are denominated in different currencies.
The fair value of U.S. Government securities on loan was $0 million and $19
million, at December 31, 2015 and 2014, respectively. The securities on loan
are reflected in the Statements of Net Assets Available for Benefits at
December 31, 2015 and 2014 and the Schedule of Assets (Held At End Of Year).
The value of cash collateral obtained and reinvested in short term investments
is reflected as a liability on the Plan’s financial statements.
Purchases and sales of
securities are recorded on a trade-date basis. Dividends are recorded on the
ex-dividend date.
Net appreciation /
depreciation in the current value of investments includes realized gains and
losses on investments sold or disposed of during the year and unrealized gains
and losses on investments held at year end.
Transfers-in at fair value
include participant-initiated rollovers of certain distributions from other
tax-qualified plans into the Plan.
Use of Estimates
The preparation of
financial statements in conformity with accounting principles generally
accepted in the United States of America requires management to make estimates
and assumptions that affect the reported amounts of assets available for
benefits, liabilities and disclosure of contingent liabilities at the date of
the financial statements, and the reported amounts of changes in net assets
available for benefits during the reporting period. Actual results could
differ from those estimates.
Risks and Uncertainties
The Plan participants
invest in various investment options offered by the Plan. Investments in these
Plan-offered options are subject to various risks, such as interest rate,
market, and credit risks. Due to the level of risk associated with certain investment
securities, it is at least reasonably possible that changes in the values of
investment securities will occur in the near term and that such changes could
materially affect the amounts reported in the Statements of Net Assets
Available for Benefits.
EXXONMOBIL SAVINGS PLAN
NOTES
TO FINANCIAL STATEMENTS
Note 2: Summary of
Significant Accounting Policies (continued)
Accounting Standard
Updates
Consistent with
authoritative guidance issued during 2015, reporting simplifications were
adopted resulting in elimination of information no longer required in Notes to
the financial statements as follows: asset values greater than 5 percent of net
assets, and appreciation / depreciation by investment category. Additionally,
fair value level detail on Net Asset Value (“NAV”) funds is no longer included
in the Fair Value table, rather it is depicted separately, directly below it
(see Note 5).
Expenses
Investment income from all
sources is stated net of administrative expenses which include brokerage fees
on purchases and sales of ExxonMobil common stock and management fees. Fees
for delivery of checks that are expedited upon request by participants are charged
to the participant’s account. All other administrative fees are paid by the
Company. Administrative expenses are recorded when incurred.
Note 3: Related Party and
Party in Interest Transactions
During 2015, certain Plan
investments were units of various funds managed by The Northern Trust Company.
The Northern Trust Company also provided custodial services to the Plan and
acted as securities lending agent during the plan year and, therefore,
purchases and sales of these investments qualified as party in interest
transactions. The Plan holds Exxon Mobil Corporation common stock. Exxon
Mobil Corporation is the employer of Plan participants and is the plan sponsor,
and any transactions in Exxon Mobil Corporation common stock qualify as party
in interest transactions. Notes receivable from participants (participant
loans) also qualify as party in interest transactions.
Note 4: Tax Status
The Internal Revenue
Service has determined and informed the Plan administrators by a letter dated
May 19, 2011, that the Plan and related trust are designed in accordance
with the applicable sections of the Internal Revenue Code (“IRC”). The Plan
has been amended since receiving the determination letter. The Plan administrators
and legal counsel believe the Plan is currently designed and is being operated
in compliance with the applicable requirements of the IRC. The Plan is subject
to audit by taxing jurisdictions; however, there are currently no audits for
any tax periods in progress.
Note 5: Fair Value
Measurements
The authoritative guidance
for fair value measurements provides a framework for measuring fair value. The
framework establishes a three-level fair value hierarchy based on the nature of
the information used to measure fair value. The terms “Level 1” and “Level 2”
are accounting terms that refer to different methods of valuing assets. The
terms do not represent the relative risk or credit quality of an investment.
The fair value hierarchies for the Plan assets are not a measure of the ability
of the Plan to meet Plan benefit obligations.
The following tables set
forth by level, within the fair value hierarchy, the Plan's assets at fair
value:
EXXONMOBIL SAVINGS PLAN
NOTES
TO FINANCIAL STATEMENTS
Note 5: Fair Value
Measurements (continued)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Fair
Value Measurements at
|
|
|
|
|
|
December
31, 2015 Using
|
|
|
|
|
|
|
|
|
|
|
|
(millions
of dollars)
|
|
|
Quoted
Prices In
|
|
|
|
|
|
|
|
|
|
|
Active
Markets for
|
|
|
Significant
Other
|
|
|
|
|
|
|
|
Identical
Assets
|
|
|
Observable
Inputs
|
|
|
Description of investments
|
Value
|
|
(Level
1)
|
|
|
(Level
2)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
ExxonMobil common stock
|
10,721
|
|
10,721
|
|
(1)
|
|
|
|
Fixed income (U.S. Govt. Securities)
|
2,273
|
|
|
|
|
2,273
|
|
(2)
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
12,994
|
|
10,721
|
|
|
2,273
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Common collective trusts (at net asset value)*:
|
|
|
|
|
|
|
|
|
|
S&P 500 Fund
|
2,981
|
(3)
|
|
|
|
|
|
|
|
Small & Mid Cap Fund
|
1,803
|
(3)
|
|
|
|
|
|
|
|
World Ex-US Equity Fund
|
1,018
|
(3)
|
|
|
|
|
|
|
|
Aggregate Bond Fund
|
706
|
(4)
|
|
|
|
|
|
|
|
Short term investments
|
60
|
(5)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
19,562
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(1)
For ExxonMobil common
stock, fair value is based on observable quoted prices on an active exchange.
(2)
For fixed income
assets, fair value is based on observable inputs of comparable market
transactions.
(3)
Investments in common
and preferred stocks held in the form of units in common collective trusts, are
redeemable daily at the unit value, including the measurement date. The fair
value of the underlying securities owned by the common collective trusts is
based on observable quoted prices on an active exchange.
(4)
Investments in debt
securities and fixed income assets held in the form of units in common
collective trusts, are redeemable daily at the unit value, including the
measurement date.
(5)
Short
term investments held in the form of units in common collective trusts, are
redeemable daily at the unit value, including the measurement date.
*
Certain investments that are measured at fair value using the net asset value
per share (or its equivalent) practical expedient have not been categorized in
the fair value hierarchy. The fair value amounts presented in this table are
intended to permit reconciliation of the fair value hierarchy to the amounts in
the Statements of Net Assets.
EXXONMOBIL
SAVINGS PLAN
NOTES TO FINANCIAL STATEMENTS
Note
5: Fair Value Measurements (continued)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Fair
Value Measurements at
|
|
|
|
|
|
December
31, 2014 Using
|
|
|
|
|
|
|
|
|
|
|
|
(millions
of dollars)
|
|
|
Quoted
Prices In
|
|
|
|
|
|
|
|
|
|
|
Active
Markets for
|
|
|
Significant
Other
|
|
|
|
|
|
|
|
Identical
Assets
|
|
|
Observable
Inputs
|
|
|
Description of investments
|
Value
|
|
(Level
1)
|
|
|
(Level
2)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
ExxonMobil common stock
|
12,907
|
|
12,907
|
|
(1)
|
|
|
|
Fixed income (U.S. Govt. Securities)
|
2,460
|
|
|
|
|
2,460
|
|
(2)
|
Securities lending collateral fund
|
19
|
|
|
|
|
19
|
|
(3)
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
15,386
|
|
12,907
|
|
|
2,479
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Common collective trusts (at net asset value)*:
|
|
|
|
|
|
|
|
|
|
S&P 500 Fund
|
3,048
|
(4)
|
|
|
|
|
|
|
|
Small & Mid Cap Fund
|
1,917
|
(4)
|
|
|
|
|
|
|
|
World Ex-US Equity Fund
|
1,012
|
(4)
|
|
|
|
|
|
|
|
Aggregate Bond Fund
|
691
|
(5)
|
|
|
|
|
|
|
|
Short term investments
|
85
|
(6)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
22,139
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(1)
For ExxonMobil common
stock, fair value is based on observable quoted prices on an active exchange.
(2)
For fixed income
assets, fair value is based on observable inputs of comparable market
transactions.
(3)
For securities lending
collateral fund investments, fair value is based on observable inputs of
comparable market transactions.
(4)
Investments in common
and preferred stocks held in the form of units in common collective trusts, are
redeemable daily at the unit value, including the measurement date. The fair
value of the underlying securities owned by the common collective trusts is
based on observable quoted prices on an active exchange.
(5)
Investments in debt
securities and fixed income assets held in the form of units in common
collective trusts, are redeemable daily at the unit value, including the
measurement date.
(6)
Short
term investments held in the form of units in common collective trusts, are
redeemable daily at the unit value, including the measurement date.
* Certain investments that are measured at
fair value using the net asset value per share (or its equivalent) practical
expedient have not been categorized in the fair value hierarchy. The fair value
amounts presented in this table are intended to permit reconciliation of the
fair value hierarchy to the amounts in the Statements of Net Assets.
|
|
|
|
|
|
|
|
|
SCHEDULE H
|
|
|
|
|
|
|
|
|
|
|
|
|
EXXONMOBIL SAVINGS PLAN
|
SCHEDULE H, LINE 4i
|
SCHEDULE OF ASSETS (HELD
AT END OF YEAR)
|
DECEMBER 31, 2015
|
|
(a)
|
(b)
|
(c)
|
|
(d)
|
|
(e)
|
|
IDENTITY OF ISSUE
|
DESCRIPTION OF INVESTMENT
|
|
COST
|
|
CURRENT
|
*
|
|
|
|
|
|
|
**
|
|
VALUE
|
|
|
|
|
|
coupon
|
maturity
|
par/units
|
|
|
|
|
|
|
|
|
|
|
|
(000's)
|
|
|
|
($000's)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
U.S.
GOVERNMENT SECURITIES
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
FNMA
NT
|
4.875%
|
12/15/2016
|
20,000
|
|
|
|
20,757
|
|
U.S
SAVINGS BOND SERIES EE
|
3.000%
|
01/03/2038
|
110,147
|
|
|
|
110,147
|
|
U.S
SAVINGS BOND SERIES EE
|
0.000%
|
01/02/2039
|
204,137
|
|
|
|
204,137
|
|
U.S
SAVINGS BOND SERIES I
|
1.380%
|
01/10/2031
|
319,926
|
|
|
|
319,926
|
|
U.S
SAVINGS BOND SERIES I
|
0.380%
|
01/10/2032
|
140,534
|
|
|
|
140,534
|
|
U.S
SAVINGS BOND SERIES I
|
3.150%
|
01/01/2033
|
254,977
|
|
|
|
254,977
|
|
U.S
SAVINGS BOND SERIES I
|
0.000%
|
01/02/2038
|
226,727
|
|
|
|
226,727
|
|
U.S
SAVINGS BOND SERIES I
|
1.840%
|
01/01/2040
|
193,488
|
|
|
|
193,488
|
|
U.S
SAVINGS BOND SERIES I
|
1.400%
|
01/06/2040
|
46,565
|
|
|
|
46,565
|
|
U.S
SAVINGS BOND SERIES I
|
1.540%
|
01/05/2041
|
199,962
|
|
|
|
199,962
|
|
U.S
SAVINGS BOND SERIES I
|
1.540%
|
01/01/2042
|
192,575
|
|
|
|
192,575
|
|
U.S
SAVINGS BOND SERIES I
|
1.540%
|
01/01/2043
|
184,066
|
|
|
|
184,066
|
|
U.S
SAVINGS BOND SERIES I
|
1.640%
|
01/05/2044
|
179,203
|
|
|
|
179,203
|
|
|
|
|
|
|
|
|
|
|
|
|
|
TOTAL U.S. GOVERNMENT SECURITIES
|
|
|
|
|
|
2,273,064
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
*
|
PARTICIPANT
LOANS
|
3.75%
to 10.50%
|
Maturity
from 1 to 123 months
|
|
199,985
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
*
|
Party
in interest as defined by ERISA
|
**
|
Cost
information is not required for participant-directed investments and,
therefore, is not included.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
SCHEDULE H
|
|
|
|
|
|
|
|
|
|
|
|
EXXONMOBIL SAVINGS PLAN
|
SCHEDULE H, LINE 4i
|
SCHEDULE OF ASSETS (HELD
AT END OF YEAR)
|
DECEMBER 31, 2015
|
|
(a)
|
(b)
|
(c)
|
(d)
|
|
(e)
|
|
IDENTITY OF ISSUE
|
DESCRIPTION OF
INVESTMENT
|
COST
|
|
CURRENT
|
*
|
|
|
|
|
|
**
|
|
VALUE
|
|
|
|
|
|
coupon
|
maturity
|
par/units
|
|
|
|
|
|
|
|
|
|
|
(000's)
|
|
|
($000's)
|
|
|
|
|
|
|
|
|
|
|
|
|
COMMON
COLLECTIVE TRUSTS
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
*
|
NT
S&P 500 INDEX FUND
|
|
|
444
|
|
|
2,980,577
|
|
|
|
|
|
|
|
|
*
|
NT
EXTENDED EQUITY MARKET INDEX FUND
|
|
3,550
|
|
|
1,802,891
|
|
|
|
|
|
|
|
|
*
|
NT
WORLD EX-US INVESTABLE MARKET INDEX FUND
|
|
7,738
|
|
|
1,018,081
|
|
|
|
|
|
|
|
|
*
|
NT
AGGREGATE BOND INDEX FUND
|
|
|
1,398
|
|
|
706,208
|
|
|
|
|
|
|
|
|
*
|
NT
GOVERNMENT STIF
|
|
|
|
|
|
59,929
|
|
|
|
|
|
|
|
|
|
|
|
TOTAL
COMMON COLLECTIVE TRUSTS
|
|
|
|
|
6,567,686
|
|
|
|
|
|
|
|
|
|
COMMON
STOCK
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
*
|
EXXON
MOBIL CORPORATION
|
|
|
137,537
|
|
|
10,721,184
|
|
|
|
|
|
|
|
|
|
TOTAL
ASSETS HELD
|
|
|
|
|
19,761,919
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
*
|
Party
in interest as defined by ERISA
|
**
|
Cost
information is not required for participant-directed investments and, therefore,
is not included
|
|
|
|
|
|
|
|
|
|
|
|
Report of Independent Registered Public Accounting Firm
To the Participants and Administrator of the ExxonMobil Savings
Plan
In our opinion, the
accompanying statements of net assets available for benefits and the related
statement of changes in net assets available for benefits present fairly, in all
material respects, the net assets available for benefits of the ExxonMobil
Savings Plan (the “Plan”) at December 31, 2015 and 2014 and the changes in net
assets available for benefits for the year ended December 31, 2015 in
conformity with accounting principles generally accepted in the United States
of America. These financial statements are the responsibility of the Plan’s
management. Our responsibility is to express an opinion on these financial
statements based on our audits. We conducted our audits of these statements in
accordance with the standards of the Public Company Accounting Oversight Board
(United States). Those standards require that we plan and perform the audit to
obtain reasonable assurance about whether the financial statements are free of
material misstatement. An audit includes examining, on a test basis, evidence
supporting the amounts and disclosures in the financial statements, assessing
the accounting principles used and significant estimates made by management,
and evaluating the overall financial statement presentation. We believe that
our audits provide a reasonable basis for our opinion.
The supplemental Schedule
of Assets (Held At End Of Year) as of December 31, 2015 has been subjected to
audit procedures performed in conjunction with the audit of the Plan’s
financial statements. The supplemental schedule is the responsibility of the
Plan’s management. Our audit procedures included determining whether the
supplemental schedule reconciles to the financial statements or the underlying
accounting and other records, as applicable, and performing procedures to test
the completeness and accuracy of the information presented in the supplemental
schedule. In forming our opinion on the supplemental schedule, we evaluated
whether the supplemental schedule, including its form and content, is presented
in conformity with the Department of Labor’s Rules and Regulations for
Reporting and Disclosure under the Employee Retirement Income Security Act of
1974. In our opinion, the Schedule of Assets (Held At End Of Year) as of
December 31, 2015 is fairly stated, in all material respects, in relation to
the financial statements as a whole.
/s/ PricewaterhouseCoopers
LLP
Houston, Texas
June 16, 2016
SIGNATURE
The Plan
. Pursuant to the requirements of the
Securities Exchange Act of 1934, the trustees (or other persons who administer
the Savings Plan) have duly caused this Annual Report to be signed by the
undersigned hereunto duly authorized.
|
ExxonMobil
Savings Plan
|
|
|
|
|
|
/s/
Stephen J. Kestle
|
|
Stephen J.
Kestle
|
|
Administrator-Accounting
|
|
|
Dated: June
16, 2016
|
|
EXHIBIT
INDEX
EXHIBIT
23
|
Consent of
PricewaterhouseCoopers LLP, Independent Registered Public Accounting Firm
Dated June 16, 2016
|
Exxon Mobil (NYSE:XOM)
Historical Stock Chart
From Apr 2024 to May 2024
Exxon Mobil (NYSE:XOM)
Historical Stock Chart
From May 2023 to May 2024