and depletion), Net income/(loss) attributable to noncontrolling interests, ExxonMobil share of income taxes of equity companies, Investments, advances and long-term receivables, Long-term obligations to equity companies, (9,000 million shares authorized, 8,019 million shares issued), (3,976 million shares at March 31, 2023, and 3,937 million shares at December 31, 2022), Additions/(Reductions) in debt with three months or less maturity, Cash dividends to ExxonMobil shareholders, Cash dividends to noncontrolling interests, Cash and cash equivalents at beginning of period, Net natural gas production available for sale, million Shareholder distributions of $8.1 billion included $4.3 billion of share repurchases, keeping the company on track to repurchase up to $17.5 billion during the year. The company may refer to these opportunities as projects in external disclosures at various stages throughout their progression. Relative to 2019, estimated cumulative structural cost savings totaled $7.2 billion, which included an additional $0.3 billion in the first three months of 2023. Register to receive free article views, selected resource downloads, and all the latest news alerts straight to your inbox. Cash flow from operations totaled $16.3 billion, and free cash flow was $11.4 billion for the quarter. Earnings/(loss) excluding identified items does include non-operational earnings events or impacts that are generally below the $250 million threshold utilized for identified items. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. Compared to the same quarter last year, earnings increased $2 billion. University of California, Los Angeles. The Baton Rouge polypropylene expansion, which started up in December, delivered positive earnings and cash contribution during its first full quarter of operations. Company Info Exxon Mobil Corp. 5959 Las Colinas Boulevard. Energy Products earnings totaled $4.2 billion, up $113 million from the fourth quarter.