Summary by Futu AI
Exxon Mobil Corporation has filed its Form 11-K annual report for the fiscal year ended December 31, 2023, with the United States Securities and Exchange Commission. The report details the financial status of the ExxonMobil Savings Plan, which is a retirement savings plan for eligible employees of Exxon Mobil and its affiliated employers. The plan's net assets available for benefits increased from $21,193 million at the end of 2022 to $21,837 million at the end of 2023. The increase is attributed to a combination of employer and participant contributions totaling $739 million and net investment income of $1,819 million, despite benefit payments of $1,921 million. The plan's investments include Exxon Mobil Corporation common stock, which decreased in value from $8,390 million in 2022 to $7,330 million in 2023, and other investments, which increased in value. The report also includes a statement from PricewaterhouseCoopers LLP, the independent registered public accounting firm, confirming the fair presentation of the financial statements in all material respects.