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, 2011
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
INDEX
| 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 | 5-10 |
|
|
Supplemental Schedule |
|
|
|
Schedule H, Line 4i - Schedule of Assets (Held At End of Year) | 11-13 |
|
|
Report of Independent Registered Public Accounting Firm | 14 |
|
|
Signature | 15 |
|
|
Exhibit Index | 16 |
|
|
Exhibit 23 - Consent of Independent Registered Public Accounting Firm | 17 |
-2-
EXXONMOBIL SAVINGS PLAN
STATEMENTS OF NET ASSETS AVAILABLE FOR BENEFITS
(millions of dollars)
|
| December 31, | |||
|
|
|
|
|
|
|
| 2011 |
|
| 2010 |
Assets |
|
|
|
|
|
|
|
|
|
|
|
Investments, at fair value (Note 7): |
|
|
|
|
|
|
|
|
|
|
|
Exxon Mobil Corporation common stock | $ | 14,232 |
| $ | 12,518 |
|
|
|
|
|
|
Other investments |
| 6,946 |
|
| 6,512 |
|
|
|
|
|
|
Total investments |
| 21,178 |
|
| 19,030 |
|
|
|
|
|
|
Receivables: |
|
|
|
|
|
|
|
|
|
|
|
Notes receivable from participants |
| 229 |
|
| 219 |
|
|
|
|
|
|
Accrued interest |
| 3 |
|
| 6 |
|
|
|
|
|
|
Other receivables |
| 54 |
|
| 7 |
|
|
|
|
|
|
Total receivables |
| 286 |
|
| 232 |
|
|
|
|
|
|
Total assets |
| 21,464 |
|
| 19,262 |
|
|
|
|
|
|
Liabilities |
|
|
|
|
|
|
|
|
|
|
|
Payables and accrued liabilities |
| 47 |
|
| 42 |
|
|
|
|
|
|
Payable for cash collateral on securities loaned |
| 181 |
|
| 219 |
|
|
|
|
|
|
Total liabilities |
| 228 |
|
| 261 |
|
|
|
|
|
|
Net assets available for benefits | $ | 21,236 |
| $ | 19,001 |
The accompanying notes are an integral part of these financial statements.
-3-
EXXONMOBIL SAVINGS PLAN
STATEMENT OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS
FOR THE YEAR ENDED DECEMBER 31, 2011
(millions of dollars)
Additions: |
|
|
|
|
|
|
|
|
|
Contributions: |
|
|
|
|
|
|
|
|
|
Employer |
| $ | 278 |
|
Participant |
|
| 453 |
|
Transfers-in at fair value |
|
| 11 |
|
|
|
|
|
|
Total contributions |
|
| 742 |
|
|
|
|
|
|
Investment income: |
|
|
|
|
|
|
|
|
|
Interest |
|
| 58 |
|
Dividends |
|
| 318 |
|
Net appreciation in fair value of investments (Note 6) |
|
| 2,001 |
|
|
|
|
|
|
Net investment income |
|
| 2,377 |
|
|
|
|
|
|
Interest income on notes receivable from participants |
|
| 10 |
|
|
|
|
|
|
Transfer in from XTO Energy Inc. Employees’ 401(k) Plan (Note 8) |
| 558 |
| |
|
|
|
|
|
Total additions |
|
| 3,687 |
|
|
|
|
|
|
Deductions: |
|
|
|
|
|
|
|
|
|
Benefit payments |
|
| (1,452 | ) |
|
|
|
|
|
Total deductions |
|
| (1,452 | ) |
|
|
|
|
|
Net increase |
|
| 2,235 |
|
|
|
|
|
|
Net assets available for benefits: |
|
|
|
|
|
|
|
|
|
Beginning of year |
|
| 19,001 |
|
|
|
|
|
|
End of year |
| $ | 21,236 |
|
The accompanying notes are an integral part of these financial statements.
-4-
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") and also a "defined contribution plan" described in Section 3(34) of ERISA. In addition, effective February 8, 2002, the entire Plan was designated an Employee Stock Ownership Plan ("ESOP").
Contributions
The Plan permits participant contributions that range from 6% to 20% of each participant’s eligible pay. The Company matches only the minimum 6% contribution in an amount equal to 7% 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% upon the earliest of completion of 3 years of vesting service, reaching age 65 while employed, or upon death while an employee.
Forfeitures
During 2011, employer contributions totaling $1.4 million were forfeited by terminating employees and used to offset future 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.
-5-
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 7.
Under the terms of its trust agreement, the Plan engaged in an authorized form of security lending activities during the years ended December 31, 2011 and 2010. In accordance with the Securities Lending Agreement, the market value of the collateral held is required to be 100% of the market value of government securities lent and 102% for all other securities lent. The fair value of ExxonMobil Common Assets fund securities on loan was $177 million and $215 million, at December 31, 2011 and 2010, respectively. The securities on loan are reflected in the Statement of Net Assets Available for Benefits and the Schedule of Assets (Held at End of Year) at December 31, 2011 and 2010. 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 and 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.
The Plan is subject to normal risks associated with international and domestic debt and equity markets, including the investment in ExxonMobil common stock.
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 and 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.
-6-
EXXONMOBIL SAVINGS PLAN
NOTES TO FINANCIAL STATEMENTS
Note 3: Party-in-Interest Transactions
During 2011, 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 during the plan year and, therefore, purchases and sales of these investments qualified 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 is qualified and the trust established under the Plan is tax-exempt under the appropriate sections of the Internal Revenue Code, provided that pre-approved amendments are adopted timely. The Plan has been amended since requesting the determination letter. However, counsel for the Company believes that these amendments have not adversely affected the Plan's qualified status and the related trust's tax-exempt status as of the financial statement date.
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. Plan administration expenses, to the extent not paid by the Company, are charged to and paid from the Plan's assets. Administrative expenses are recorded when incurred.
Note 6: Investments
The following presents investments that represent 5 percent or more of the Plan's net assets available for benefits.
| (millions of dollars) | |||
| December 31, |
| December 31, | |
| 2011 |
| 2010 | |
Exxon Mobil Corporation |
|
|
|
common stock, 168 and 171 |
|
|
|
million shares, respectively | $14,232 |
| $12,518 |
|
|
|
|
NTGI-QM Coltv Daily S&P 500 |
|
|
|
Equity Index Fund, 495 and 488 |
|
|
|
thousand units, respectively | 1,871 |
| 1,803 |
|
|
|
|
NTGI-QM Coltv Daily Extended |
|
|
|
Equity Index Fund, 3,638 and 3,631 |
|
|
|
thousand units, respectively | 1,083 |
| 1,121 |
|
|
|
|
-7-
EXXONMOBIL SAVINGS PLAN
NOTES TO FINANCIAL STATEMENTS
Note 6: Investments (continued)
During 2011, the Plan's investments (including gains and losses on investments bought and sold, as well as held during the year) appreciated in value by $2,001 million as follows:
|
| (millions of dollars) |
| ExxonMobil common stock | $ 2,057 |
|
| Common collective trusts | (54) |
|
| Government securities | (2) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| $2,001 |
|
Note 7: Assets Measured at Fair Value on a Recurring Basis
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:
-8-
EXXONMOBIL SAVINGS PLAN
NOTES TO FINANCIAL STATEMENTS
Note 7: Assets Measured at Fair Value on a Recurring Basis (continued)
| Fair Value Measurements at December 31, 2011 Using |
(millions of dollars) |
|
| Quoted Prices in Active Markets for Identical Assets |
| Significant Other Observable Inputs |
|
Description of investments | Value |
| (Level 1) |
| (Level 2) |
|
|
|
|
|
|
|
|
ExxonMobil common stock | $14,232 |
| $14,232 | (1) |
|
|
Fixed income | 2,331 |
|
|
| $ 2,331 | (2) |
Securities lending collateral fund | 181 |
|
|
| 181 | (3) |
Common collective trusts: |
|
|
|
|
|
|
S&P 500 Fund | 1,871 |
|
|
| 1,871 | (4) |
Small & Mid Cap Fund | 1,083 |
|
|
| 1,083 | (4) |
International Equity Fund | 645 |
|
|
| 645 | (4) |
Aggregate Bond Fund | 522 |
|
|
| 522 | (5) |
Short term investments | 313 |
|
|
| 313 | (6) |
|
|
|
|
|
|
|
Total | $21,178 |
| $14,232 |
| $ 6,946 |
|
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)
For investments in common and preferred stocks held in the form of units in common collective trusts that are redeemable daily at the unit value, including the measurement date, the unit value is treated as a Level 2 input. The fair value of the underlying securities owned by the common collective trusts is based on observable quoted prices on an active exchange which are Level 1 inputs.
5)
For investments in debt securities and fixed income assets held in the form of units in common collective trusts that are redeemable daily at the unit value, including the measurement date, the unit value is treated as a Level 2 input.
6)
For short-term investments held in the form of units in common collective trusts that are redeemable daily at the unit value, including the measurement date, the unit value is treated as a Level 2 input.
-9-
EXXONMOBIL SAVINGS PLAN
NOTES TO FINANCIAL STATEMENTS
Note 7: Assets Measured at Fair Value on a Recurring Basis (continued)
| Fair Value Measurements at December 31, 2010 Using |
(millions of dollars) |
|
| Quoted Prices in Active Markets for Identical Assets |
| Significant Other Observable Inputs |
|
Description of investments | Value |
| (Level 1) |
| (Level 2) |
|
|
|
|
|
|
|
|
ExxonMobil common stock | $12,518 |
| $12,518 | (1) |
|
|
Fixed income | 2,195 |
|
|
| $ 2,195 | (3) |
Short term investments | 98 |
| 98 | (2) |
|
|
Securities lending collateral fund | 219 |
|
|
| 219 | (4) |
Common collective trusts: |
|
|
|
|
|
|
S&P 500 Fund | 1,803 |
|
|
| 1,803 | (5) |
Small & Mid Cap Fund | 1,121 |
|
|
| 1,121 | (5) |
International Equity Fund | 691 |
|
|
| 691 | (5) |
Aggregate Bond Fund | 385 |
|
|
| 385 | (6) |
|
|
|
|
|
|
|
Total | $19,030 |
| $12,616 |
| $ 6,414 |
|
1)
For ExxonMobil common stock, fair value is based on observable quoted prices on an active exchange.
2)
For short term investments, fair value is based on observable quoted prices on an active exchange.
3)
For fixed income assets, fair value is based on observable inputs of comparable market transactions.
4)
For securities lending collateral fund investments, fair value is based on observable inputs of comparable market transactions.
5)
For investments in common and preferred stocks held in the form of units in common collective trusts that are redeemable daily at the unit value, including the measurement date, the unit value is treated as a Level 2 input. The fair value of the underlying securities owned by the common collective trusts is based on observable quoted prices on an active exchange which are Level 1 inputs.
6)
For investments in debt securities and fixed income assets held in the form of units in common collective trusts that are redeemable daily at the unit value, including the measurement date, the unit value is treated as a Level 2 input.
Note 8: XTO Energy Inc. Employees’ 401(k) Plan Merger
On June 25, 2010, Exxon Mobil Corporation acquired XTO Energy Inc. and on January 1, 2011, the XTO Energy Inc. Employees’ 401(k) Plan (the “XTO Plan”) merged into the Plan. At that time, the XTO Plan’s net assets available for benefits of $558 million were transferred into the Plan.
-10-
SCHEDULE H
EXXONMOBIL SAVINGS PLAN
SCHEDULE H, LINE 4i
SCHEDULE OF ASSETS (HELD AT END OF YEAR)
DECEMBER 31, 2011
(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 |
|
|
|
|
| |
|
|
|
|
|
|
| |
| CITIGROUP FDG INC NT FDIC GTD NT | 2.125% | 7/12/2012 | 5,000 |
| $ 5,051 | |
| FED HOME LOAN BANK | 1.125% | 5/18/2012 | 21,830 |
| 21,912 | |
| FED HOME LOAN BANK | 0.875% | 12/27/2013 | 12,000 |
| 12,103 | |
| FED HOME LOAN BANK | 1.875% | 6/20/2012 | 10,000 |
| 10,079 | |
| FED HOME LOAN BANK | 2.250% | 4/13/2012 | 1,260 |
| 1,267 | |
| FED HOME LOAN BANK BD | 1.625% | 3/20/2013 | 5,000 |
| 5,080 | |
| FED HOME LOAN BANK BD | 1.500% | 1/16/2013 | 5,000 |
| 5,062 | |
| FED HOME LOAN MTG CORP | 3.750% | 6/28/2013 | 10,000 |
| 10,513 | |
| FED HOME LOAN MTG CORP BD | 2.125% | 3/23/2012 | 4,186 |
| 4,205 | |
| FED HOME LOAN MTG CORP DEB | 4.875% | 11/15/2013 | 15,000 |
| 16,249 | |
| FED HOME LOAN MTG CORP NTS | 4.500% | 7/15/2013 | 22,000 |
| 23,399 | |
| FED HOME LOAN MTG CORP PREASSIGN | 0.750% | 11/25/2014 | 15,000 |
| 15,026 | |
| FED HOME LOAN MTG CORP PREASSIGN | 1.625% | 4/15/2013 | 35,000 |
| 35,588 | |
| FED HOME LOAN MTG CORP PREASSIGN | 1.000% | 8/27/2014 | 22,000 |
| 22,214 | |
| FED HOME LOAN MTG CORP PREASSIGN | 1.750% | 6/15/2012 | 20,000 |
| 20,148 | |
| FED HOME LOAN MTG CORP PREASSIGN | 0.625% | 12/29/2014 | 12,000 |
| 11,991 | |
| FED HOME LOAN MTG CORP PREASSIGN | 3.500% | 5/29/2013 | 10,000 |
| 10,445 | |
| FED HOME LOAN MTG CORP PREASSIGN | 5.500% | 8/20/2012 | 10,000 |
| 10,334 | |
| FED HOME LOAN MTG CORP REF NTS | 1.375% | 2/25/2014 | 52,000 |
| 52,841 | |
| FED HOME LOAN MTG CORP REF NTS | 0.625% | 12/28/2012 | 25,000 |
| 25,097 | |
| FED NATL MTG ASSN BD | 0.500% | 10/30/2012 | 15,000 |
| 15,036 | |
| FED NATL MTG ASSN | 1.250% | 8/20/2013 | 30,000 |
| 30,420 | |
| FED NATL MTG ASSN | 4.375% | 3/15/2013 | 12,000 |
| 12,588 | |
| FED NATL MTG ASSN | 2.750% | 2/5/2014 | 22,000 |
| 23,001 | |
| FED NATL MTG ASSN | 0.750% | 12/19/2014 | 15,000 |
| 15,046 | |
| FED NATL MTG ASSN | 0.625% | 10/30/2014 | 15,000 |
| 14,973 | |
| FED NATL MTG ASSN | 4.375% | 9/15/2012 | 5,000 |
| 5,146 | |
| FED NATL MTG ASSN | 0.750% | 12/18/2013 | 27,000 |
| 27,103 | |
| FED NATL MTG ASSN 5% NTS | 5.000% | 2/16/2012 | 15,000 |
| 15,087 | |
| FED NATL MTG ASSN NT | 1.750% | 5/7/2013 | 15,000 |
| 15,281 | |
| FED NATL MTG ASSN NT | 4.875% | 5/18/2012 | 10,000 |
| 10,184 | |
| FED NATL MTG ASSN NT | 1.750% | 2/22/2013 | 5,000 |
| 5,082 | |
| FED NATL MTG ASSN NT | 1.080% | 3/30/2012 | 1,050 |
| 1,052 | |
| FED NATL MTG ASSN PREASSIGN | 2.750% | 3/13/2014 | 40,000 |
| 41,915 | |
| FED NATL MTG ASSN PREASSIGN | 1.875% | 4/20/2012 | 15,000 |
| 15,080 | |
| FED NATL MTG ASSN PREASSIGN | 4.125% | 4/15/2014 | 10,000 |
| 10,821 | |
| FED NATL MTG ASSN TRANCHE | 1.750% | 8/10/2012 | 10,000 |
| 10,094 | |
|
|
|
|
|
|
| |
* | Party-in-interest as defined by ERISA | ||||||
** | Cost information is not required for participant-directed investments and, therefore, is not included | ||||||
-11-
SCHEDULE H
EXXONMOBIL SAVINGS PLAN
SCHEDULE H, LINE 4i
SCHEDULE OF ASSETS (HELD AT END OF YEAR)
DECEMBER 31, 2011
(a) | (b) | (c) | (d) | (e) | |||||
| IDENTITY OF ISSUE | DESCRIPTION OF INVESTMENT | COST ** | CURRENT VALUE | |||||
|
| coupon | maturity | par/units |
|
| |||
|
|
|
| (000’s) |
| ($000’s) | |||
|
|
|
|
|
|
| |||
| GEN ELEC CAP CRP MED TRM NTS FDIC GTD | 2.250% | 3/12/2012 | 5,000 |
| $ 5,021 | |||
| JPMORGAN CHASE & CO FDIC GTD NT | 2.125% | 6/22/2012 | 10,000 |
| 10,097 | |||
| U S BANCORP MD TRM SR FDIC GTD NT | 1.800% | 5/15/2012 | 10,000 |
| 10,065 | |||
| US SAVINGS BDS SER EE | 3.000% | 3/1/2038 | 97,069 |
| 97,069 | |||
| US SAVINGS BDS SER EE | 1.100% | 8/1/2041 | 91,765 |
| 91,765 | |||
| US SAVINGS BDS SER EE | 1.300% | 2/1/2039 | 88,170 |
| 88,170 | |||
| US SAVINGS BDS SER EE | 1.400% | 6/1/2040 | 86,647 |
| 86,647 | |||
| US SAVINGS BDS SER I | 7.670% | 10/1/2031 | 263,333 |
| 263,333 | |||
| US SAVINGS BDS SER I | 6.240% | 1/1/2033 | 225,312 |
| 225,312 | |||
| US SAVINGS BDS SER I | 5.830% | 2/1/2038 | 199,313 |
| 199,313 | |||
| US SAVINGS BDS SER I | 3.060% | 5/1/2041 | 186,171 |
| 186,171 | |||
| US SAVINGS BDS SER I | 5.320% | 2/1/2039 | 182,965 |
| 182,965 | |||
| US SAVINGS BDS SER I | 4.910% | 1/1/2040 | 176,944 |
| 176,944 | |||
| US SAVINGS BDS SER I | 6.650% | 10/1/2032 | 120,312 |
| 120,312 | |||
|
|
|
|
|
|
| |||
| TOTAL U.S. GOVERNMENT SECURITIES |
|
|
| $ 2,329,697 | ||||
|
|
|
|
|
|
| |||
| CORPORATE DEBT SECURITIES |
|
|
| |||||
|
|
|
|
|
|
| |||
| HARLEY-DAVIDSON | 5.520% | 11/15/2013 | 725 |
| $ 732 | |||
|
|
|
|
|
|
| |||
| TOTAL CORPORATE DEBT SECURITIES |
|
|
| $ 732 | ||||
|
|
|
|
|
|
| |||
|
|
|
|
|
|
| |||
* | PARTICIPANT LOANS 3.75% to 10.5% | Maturity from 1 to 171 months | $ 229,269 | ||||||
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* | Party-in-interest as defined by ERISA |
|
|
|
|
| |||
** | Cost information is not required for participant-directed investments and, therefore, is not included | ||||||||
-12-
SCHEDULE H
EXXONMOBIL SAVINGS PLAN
SCHEDULE H, LINE 4i
SCHEDULE OF ASSETS (HELD AT END OF YEAR)
DECEMBER 31, 2011
(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 | |||||||||||
|
|
|
|
|
|
| ||||||
* | NTGI-QM COLTV DAILY S&P 500 EQUITY INDEX FUND |
|
| 495 |
| $ 1,871,072 | ||||||
* | NTGI-QM COLTV DAILY SMALLCAP EQUITY INDEX FUND |
|
| 3,638 |
| 1,082,649 | ||||||
* | NTGI-QM COLTV DAILY EAFE INDEX FUND |
|
| 1,970 |
| 645,371 | ||||||
* | NTGI-QM COLTV DAILY AGGREGATE BOND FUND |
|
| 1,126 |
| 522,080 | ||||||
* | NTGI COLL DLY GOVERNMENT STIF |
|
|
|
| 313,311 | ||||||
|
|
|
|
|
|
| ||||||
| TOTAL COMMON COLLECTIVE TRUSTS |
|
|
| $ 4,434,483 | |||||||
|
|
|
|
|
|
| ||||||
| REGISTERED INVESTMENT FUNDS |
|
|
|
|
| ||||||
|
|
|
|
|
|
| ||||||
| MFO JPMORGAN TR II US GOVT MONEY MKT FD |
|
|
| $ 91 | |||||||
| MFO MONEY MKT OBLIGS TR GOVT OBLIGS FD |
|
|
| 87 | |||||||
|
|
|
|
|
|
| ||||||
| TOTAL REGISTERED INVESTMENT FUNDS |
|
|
| $ 178 | |||||||
|
|
|
|
|
|
| ||||||
| OTHER |
|
|
|
|
| ||||||
|
|
|
|
|
|
| ||||||
* | CORE USA COLLATERAL FUND |
|
|
|
| $ 180,702 | ||||||
|
|
|
|
|
|
| ||||||
| COMMON STOCK |
|
|
|
|
| ||||||
|
|
|
|
|
|
| ||||||
* | EXXON MOBIL CORPORATION |
|
| 167,907 |
| $14,231,898 | ||||||
|
|
|
|
|
|
| ||||||
TOTAL ASSETS HELD FOR INVESTMENT PURPOSES |
|
| $21,406,959 | |||||||||
|
|
|
|
|
|
| ||||||
|
|
|
|
|
|
| ||||||
|
|
|
|
|
|
| ||||||
|
|
|
|
|
|
| ||||||
|
|
|
|
|
|
| ||||||
|
|
|
|
|
|
| ||||||
|
|
|
|
|
|
| ||||||
|
|
|
|
|
|
| ||||||
* | Party-in-interest as defined by ERISA |
|
|
|
|
| ||||||
** | Cost information is not required for participant-directed investments and, therefore, is not included | |||||||||||
-13-
Report of Independent Registered Public Accounting Firm
To the Participants and Administrators 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, 2011 and 2010 and the changes in net assets available for benefits for the year ended December 31, 2011 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.
Our audits were conducted for the purpose of forming an opinion on the basic financial statements taken as a whole. The supplemental Schedule of Assets (Held At End of Year) is presented for the purpose of additional analysis and is not a required part of the basic financial statements but is supplementary information required by the Department of Labor's Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. This supplemental schedule is the responsibility of the Plan's management. The supplemental schedule has been subjected to the auditing procedures applied in the audits of the basic financial statements and, in our opinion, is fairly stated in all material respects in relation to the basic financial statements taken as a whole.
/s/ PricewaterhouseCoopers LLP
Houston, Texas
June 14, 2012
-14-
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 A. Littleton
Stephen A. Littleton
Administrator-Accounting
Dated: June 14, 2012
-15-
EXHIBIT INDEX
EXHIBIT
SUBMISSION MEDIA
23.
Consent of PricewaterhouseCoopers LLP,
Electronic
Independent Registered Public Accounting Firm
Dated June 14, 2012
-16-