ExxonMobil Savings Plan 11-K





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, 2007



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

5-8

 

 

Supplemental Schedules

 

 

 

         Schedule H, Line 4i - Schedule of Assets (Held At End of Year)         

9-13

 

 

         Schedule H, Line 4i - Schedule of Assets (Acquired and Disposed of Within Year)         

14

 

 

Report of Independent Registered Public Accounting Firm

15

 

 

Signature

16

 

 

Exhibit Index

17

 

 

Exhibit 23 - Consent of Independent Registered Public Accounting Firm

18






















-2-



EXXONMOBIL SAVINGS PLAN

STATEMENTS OF NET ASSETS AVAILABLE FOR BENEFITS

(millions of dollars)




 

 

December 31,

 

 

 

 

 

 

 

 

2007

 

 

2006


Assets

 

 

 

 

 

 

 

 

 

 

 

Investments, at fair value (Note 6):

 

 

 

 

 

 

 

 

 

 

 

   Exxon Mobil Corporation common stock

$

16,979

 

$

14,755

 

 

 

 

 

 

   Other investments

 

7,119

 

 

6,853

 

 

 

 

 

 

       Total investments

 

24,098

 

 

21,608

 

 

 

 

 

 

 

 

 

 

 

 

Accrued interest

 

12

 

 

14

 

 

 

 

 

 

Other receivables

 

114

 

 

-

 

 

 

 

 

 

           Total assets

 

24,224

 

 

21,622

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

Payables and accrued liabilities

 

29

 

 

30

 

 

 

 

 

 

           Total liabilities

 

29

 

 

30

 

 

 

 

 

 

Net assets available for benefits

$

24,195

 

$

21,592













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, 2007

(millions of dollars)




Additions:

 

 

 

 

 

 

 

 

 

   Contributions:

 

 

 

 

 

 

 

 

 

      Employer

 

$

225

 

      Participant

 

 

373

 

      Transfers-in at fair value

 

 

8

 

 

 

 

 

 

          Total contributions

 

 

606

 

 

 

 

 

 

   Investment income:

 

 

 

 

 

 

 

 

 

      Interest

 

 

141

 

      Dividends

 

 

256

 

      Net appreciation in fair value

 

 

 

 

         of investments (Note 6)

 

 

3,496

 

 

 

 

 

 

           Net investment income

 

 

3,893

 

 

 

 

 

 

               Total additions

 

 

4,499

 

 

 

 

 

 

Deductions:

 

 

 

 

 

 

 

 

 

   Benefit payments

 

 

(1,896

)

 

 

 

 

 

              Total deductions

 

 

(1,896

)

 

 

 

 

 

                  Net increase

 

 

2,603

 

 

 

 

 

 

Net assets available for benefits:

 

 

 

 

 

 

 

 

 

   Beginning of year

 

 

21,592

 

 

 

 

 

 

   End of year

 

$

24,195

 





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 "Company") and certain affiliated employers.  The terms and conditions of the Plan are contained in the ExxonMobil 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"), designed to invest primarily in employer securities.


Contributions


The Plan permits participant contributions of up to 20% of compensation and, prior to 2007, a 100% Company match was made on the first 6% of compensation contributed by the participant.  Prior to 2007, participants could receive up to an additional 1% Company match on the 6% of compensation if the participant elected for the Company match to be directed to the Stock Match Account ("SMA").  Prior to 2007, the restriction on the SMA stipulated that 75% of the assets in the SMA must be invested in ExxonMobil stock.  


Effective January 1, 2007, all active participants began receiving a Company match of 7% of compensation on the first 6% of compensation contributed by them, regardless of how the Company match is directed.  Also effective January 1, 2007, the SMA became fully diversifiable, allowing investments in any of the Plan investment options with no minimum percentage requirements for investment in ExxonMobil stock.


Employees who are at least age 50 during the plan year and who maximize their before-tax contributions may elect to make additional pretax 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 2007, employer contributions totaling $0.5 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.  Fair values are based on quoted prices as of the date of the financial statements, or if market quotations are not readily available, upon estimated values obtained from a major investment securities firm.


Under the terms of its trust agreement, the Plan engaged in an authorized form of security lending activities during the years ended December 31, 2007 and 2006.  The market value of securities on loan and the collateral held at The Northern Trust Company at December 31, 2007 were $633 million and $646 million, respectively.  The market value of securities on loan and the collateral held at The Northern Trust Company at December 31, 2006 were $470 million and $481 million, respectively.  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.  Collateral held consists of cash, letters of credit, and government securities.  At December 31, 2007 and 2006, the market value of all collateral held was at least 102%.  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, 2007 and 2006.


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.


Participant loans represent the outstanding principal balances of the loans and are valued at cost, which approximates current value.


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 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 generally accepted accounting principles 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:  Related-Party Transactions


During 2007, certain Plan investments were units of various funds managed by The Northern Trust Company.  The Northern Trust Company also provided custodial and other fiduciary 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 November 14, 2002, that the Plan is qualified and the trusts established under the Plan are tax-exempt, under the appropriate sections of the Internal Revenue Code.  The Plan has been amended since receiving 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, management fees, and brokerage commissions.  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,

 

2007

 

2006


Exxon Mobil Corporation

 

 

 

common stock, 181 and 193

 

 

 

million shares, respectively

$16,979

 

$14,755

 

 

 

 

NTGI-QM Coltv Daily S&P 500

 

 

 

Equity Index Fund, 532 and 565

 

 

 

thousand units, respectively

2,158

 

2,171



-7-


EXXONMOBIL SAVINGS PLAN



NOTES TO FINANCIAL STATEMENTS





Note 6:  Investments (continued)


During 2007, the Plan's investments (including gains and losses on investments bought and sold, as well as held during the year) appreciated in value by $3,496 million as follows:


 

 

(millions $)


 

ExxonMobil common stock

3,211

 

 

Common collective trusts

263

 

 

Corporate debentures

8

 

 

U.S. Government securities

14

 

 

 

 

 

 

 

$3,496

 







































-8-



SCHEDULE H


EXXONMOBIL SAVINGS PLAN

SCHEDULE H, LINE 4i

SCHEDULE OF ASSETS (HELD AT END OF YEAR)

DECEMBER 31, 2007

(thousands of dollars)

 

 

MATURITY

PAR

CURRENT

DESCRIPTION

COUPON

DATE

VALUE

VALUE

--------------------------------------------------------------------------------------------------------------------------------------------

COMMON ASSET FUND

 

 

 

 

 

 

 

 

 

U.S. GOVERNMENT SECURITIES

 

 

 

 

 

 

 

 

 

FEDERAL FARM CR BANK

4.750%

5/7/2010

$   65,000

$   66,666

FEDERAL FARM CR BANK

5.250%

9/13/2010

20,000

20,786

FEDERAL FARM CR BANK

3.750%

12/6/2010

40,000

40,111

FEDERAL HOME LOAN BANK

4.125%

4/18/2008

6,000

5,992

FEDERAL HOME LOAN BANK

5.000%

7/16/2008

20,000

20,064

FEDERAL HOME LOAN BANK

3.875%

8/22/2008

25,000

24,931

FEDERAL HOME LOAN BANK

5.000%

9/12/2008

37,845

38,034

FEDERAL HOME LOAN BANK

5.250%

6/12/2009

25,000

25,547

FEDERAL HOME LOAN BANK

5.000%

12/11/2009

15,000

15,408

FEDERAL HOME LOAN BANK

4.875%

3/12/2010

3,220

3,307

FEDERAL HOME LOAN BANK

5.250%

6/11/2010

27,810

28,870

FEDERAL HOME LOAN BANK

4.375%

9/17/2010

22,000

22,427

FEDERAL HOME LOAN BANK

4.375%

10/22/2010

2,500

2,550

FEDERAL HOME LOAN BANK PREASSIGN

4.625%

1/18/2008

30,000

29,999

FEDERAL HOME LOAN BANK PREASSIGN

5.125%

6/13/2008

35,000

35,093

FEDERAL HOME LOAN BANK TRANCHE

4.750%

12/12/2008

10,000

10,062

FEDERAL HOME LOAN MTG CORP BD

5.125%

10/15/2008

20,000

20,163

FEDERAL HOME LOAN MTG CORP DEB

4.625%

12/19/2008

42,000

42,227

FEDERAL HOME LOAN MTG CORP DEB

5.750%

3/15/2009

25,000

25,550

FEDERAL HOME LOAN MTG CORP DEB

6.625%

9/15/2009

15,000

15,743

FEDERAL HOME LOAN MTG CORP NT

5.750%

4/15/2008

25,000

25,092

FEDERAL HOME LOAN MTG CORP NT

3.875%

6/15/2008

25,000

24,913

FEDERAL HOME LOAN MTG CORP NT

3.625%

9/15/2008

42,000

41,816

FEDERAL HOME LOAN MTG CORP NT

6.875%

9/15/2010

14,700

15,907

FEDERAL HOME LOAN MTG CORP NT

4.125%

10/18/2010

7,300

7,398

FEDERAL HOME LOAN MTG CORP PREASSIGN

5.250%

5/21/2009

35,000

35,720

FEDERAL HOME LOAN MTG CORP PREASSIGN

5.125%

8/23/2010

7,000

7,264

FEDERAL NATL MTG ASSN

5.750%

2/15/2008

16,000

16,020

FEDERAL NATL MTG ASSN

6.000%

5/15/2008

40,000

40,203

FEDERAL NATL MTG ASSN

2.500%

6/15/2008

6,300

6,245

FEDERAL NATL MTG ASSN

3.250%

8/15/2008

20,000

19,869

FEDERAL NATL MTG ASSN

6.375%

6/15/2009

37,000

38,411

FEDERAL NATL MTG ASSN

6.625%

9/15/2009

3,000

3,149

FEDERAL NATL MTG ASSN

7.250%

1/15/2010

10,000

10,717

FEDERAL NATL MTG ASSN

7.125%

6/15/2010

64,000

69,241

FEDERAL NATL MTG ASSN

4.250%

8/15/2010

10,000

10,156

FEDERAL NATL MTG ASSN PREASSIGN

3.875%

7/15/2008

25,000

24,966

FEDERAL NATL MTG ASSN PREASSIGN

5.000%

9/15/2008

6,500

6,547

FEDERAL NATL MTG ASSN PREASSIGN

4.375%

9/13/2010

22,000

22,426

US SAVINGS BONDS SER I

5.920%

10/1/2031

151,480

214,456

US SAVINGS BONDS SER I

2.570%

10/1/2032

79,740

101,330

US SAVINGS BONDS SER I

4.080%

1/1/2033

153,860

191,340

            TOTAL U.S. GOVERNMENT SECURITIES

 

 

$1,287,255

$1,426,716



-9-



SCHEDULE H


EXXONMOBIL SAVINGS PLAN

SCHEDULE H, LINE 4i

SCHEDULE OF ASSETS (HELD AT END OF YEAR)

DECEMBER 31, 2007

(thousands of dollars)

 

 

MATURITY

PAR

CURRENT

DESCRIPTION

COUPON

DATE

VALUE

VALUE

--------------------------------------------------------------------------------------------------------------------------------------------

 

 

 

 

 

CORPORATE DEBT INSTRUMENTS

 

 

 

 

 

 

 

 

 

AMERN EXPRESS CR A/C MSTR TR

4.350%

12/15/2011

$   19,595

$   19,639

BANK ONE ISSUANCE TR 2003-7

3.350%

3/15/2011

12,246

12,167

BANK ONE ISSUANCE TR 2003-A9

3.860%

6/15/2011

21,975

21,880

BMW VEH OWNER TR 2006-A

5.300%

5/25/2009

2,285

2,286

BMW VEH OWNER TR 2006-A

5.130%

9/25/2010

30,000

30,077

CAPITAL ONE AUTO FIN TR 2006-A

5.330%

11/15/2010

10,330

10,334

CAPITAL ONE AUTO FIN TR 2006-C

5.070%

7/15/2011

10,000

10,027

CAPITAL ONE MULTI-ASSET EXEC TR 2003-C4

3.650%

7/15/2011

28,485

28,317

CAPITAL ONE MULTI-ASSET EXEC TR 2005-A8

4.400%

8/15/2011

5,000

4,999

CAPITAL ONE PRIME AUTO REC TR 2006-2

4.980%

9/15/2010

44,000

44,086

CHASE AUTO OWNER TR 2005-A

3.870%

6/15/2009

4,912

4,893

CHASE AUTO OWNER TR 2005-A

3.980%

4/15/2011

14,000

13,903

CHASE AUTO OWNER TR 2006-A

5.340%

7/15/2010

4,278

4,294

CHASE AUTO OWNER TR 2006-A

5.360%

1/15/2013

10,000

10,119

CHASE AUTO OWNER TR 2006-B

5.130%

5/15/2011

9,000

9,035

CHASE ISSUANCE TR

4.960%

9/17/2012

12,000

12,195

CITIBANK CR CD ISSNCE TR 2003-A3

3.100%

3/10/2010

1,750

1,745

CITIBANK CR CD ISSNCE TR 2003-A6

2.900%

5/17/2010

42,000

41,715

CITIBANK CR CD ISSNCE TR 2003-A8

3.500%

8/16/2010

15,450

15,328

CITIBANK CR CD ISSNCE TR 2006-A2

4.850%

2/10/2011

40,000

40,237

HARLEY DAVIDSON MTR TR 2007-1

5.220%

3/15/2012

6,000

6,050

HARLEY DAVIDSON MTR TR 2007-2

5.100%

5/15/2012

6,000

6,032

HARLEY-DAVIDSON MTR TR 2003-3

2.760%

5/15/2011

2,026

2,001

HARLEY-DAVIDSON MTR TR 2004-2

3.560%

2/15/2012

11,091

10,998

HARLEY-DAVIDSON MTR TR 2005-2

4.070%

2/15/2012

9,756

9,708

HARLEY-DAVIDSON MTR TR 2005-3

4.410%

6/15/2012

22,720

22,660

HARLEY-DAVIDSON MTR TR 2006-2

5.350%

3/15/2013

10,000

10,102

HARLEY-DAVIDSON MTR TR 2006-3

5.240%

1/15/2012

4,000

4,018

HARLEY-DAVIDSON MTR TR 2007-3

5.520%

11/15/2013

4,000

4,057

HARLEY-DAVIDSON MTR TR HDMOT

2.070%

2/15/2011

4,805

4,800

HARLEY-DAVIDSON MTR TR HDMOT

2.530%

11/15/2011

5,525

5,447

HONDA AUTO REC 2005-2 OWNER TR

4.150%

10/15/2010

14,590

14,544

HONDA AUTO REC 2005-2 OWNER TR

3.930%

1/15/2009

980

980

HONDA AUTO REC 2005-5 TR NT

4.610%

8/17/2009

2,415

2,413

HONDA AUTO REC 2006-1 TR NT

5.070%

2/18/2010

3,566

3,572

HONDA AUTO REC 2006-2 OWNER TR

5.300%

7/21/2010

19,908

19,985

HONDA AUTO REC 2006-3 OWNER TR

5.120%

10/15/2010

10,000

10,041

HONDA AUTO REC 2006-3 OWNER TR

5.110%

4/15/2012

5,000

5,042

HONDA AUTO REC 2007-1 OWNER TR

5.100%

3/18/2011

15,000

15,104

HONDA AUTO REC 2007-2 OWNER TR

5.410%

11/23/2009

5,000

5,018

HONDA AUTO REC 2007-2 OWNER TR

5.460%

5/23/2011

4,000

4,056

HSBC AUTOMOTIVE TR 2005-2

4.550%

7/17/2012

9,000

8,984

HSBC AUTOMOTIVE TR USA 2006-1

5.430%

6/17/2011

17,022

17,112

HSBC AUTOMOTIVE TR USA 2006-2

5.610%

8/17/2011

11,500

11,578

M&I AUTO LN TR 2005-1 NT

4.860%

3/21/2011

15,000

15,029



-10-



SCHEDULE H


EXXONMOBIL SAVINGS PLAN

SCHEDULE H, LINE 4i

SCHEDULE OF ASSETS (HELD AT END OF YEAR)

DECEMBER 31, 2007

(thousands of dollars)

 

 

MATURITY

PAR

CURRENT

DESCRIPTION

COUPON

DATE

VALUE

VALUE

-----------------------------------------------------------------------------------------------------------------------------------------------

MBNA CR CARD MASTER NT TR

4.200%

9/15/2010

$   38,525

  $   38,466

MBNA CR CARD MASTER NT TR 2003-6

2.750%

10/15/2010

5,900

     5,858

MBNA CR CARD MASTER NT TR 2003-A7

2.650%

11/15/2010

4,220

4,182

MBNA CR CARD MASTER NT TR 2005-7

4.300%

2/15/2011

14,000

13,982

MBNA CR CARD MASTER NT TR 2006-A1

4.900%

7/15/2011

40,000

40,285

MORGAN STANLEY AUTO LN 2004-HB2

3.460%

3/15/2012

9,899

9,837

NISSAN AUTO REC GRANTOR TR

4.310%

3/15/2011

29,400

29,311

NISSAN AUTO RECEIVABLES 2004-B

4.000%

12/15/2009

6,714

6,695

NISSAN AUTO RECEIVABLES 2006-A

4.740%

9/15/2009

6,743

6,737

NISSAN AUTO RECEIVABLES 2006-B

5.160%

2/15/2010

21,567

21,610

NISSAN AUTO RECEIVABLES 2006-C

5.440%

4/15/2010

22,000

22,113

NISSAN AUTO RECEIVABLES 2007-B

5.030%

5/16/2011

4,000

4,036

TOYOTA AUTO REC 2003-B OWNER TR

2.790%

1/15/2010

1,584

1,583

USAA AUTO OWNER TR 2005-3

4.550%

2/15/2010

7,043

7,036

USAA AUTO OWNER TR 2005-3

4.630%

5/15/2012

5,000

5,004

USAA AUTO OWNER TR 2006-1

5.010%

9/15/2010

9,168

9,183

USAA AUTO OWNER TR 2006-2

5.320%

9/15/2010

10,989

11,022

USAA AUTO OWNER TR 2006-3

5.360%

2/15/2011

20,663

20,758

USAA AUTO OWNER TR 2006-4

5.010%

6/15/2011

16,000

16,071

USAA AUTO OWNER TR 2007-1

5.400%

4/15/2010

6,000

6,025

USAA AUTO OWNER TR 2007-1

5.430%

10/17/2011

5,000

5,069

USAA AUTO OWNER TR 2007-2

4.900%

2/15/2012

6,000

6,040

USAA AUTO OWNER TR USAOT

3.900%

7/15/2009

1,053

1,052

VOLKSWAGEN AUTO LEASE 2006-A

5.540%

4/20/2011

20,000

20,202

VOLKSWAGEN AUTO LEASE 2006-A

5.500%

9/21/2009

9,000

9,041

VOLKSWAGEN AUTO LN ENHNCD 2005-1

4.800%

7/20/2009

13,889

13,885

VOLKSWAGEN AUTO LN ENHNCD 2007-1

5.200%

1/20/2010

22,000

22,105

WACHOVIA AUTO OWNER TR 2004-1

4.790%

4/20/2010

3,519

3,517

WACHOVIA AUTO OWNER TR 2004-1

3.440%

3/21/2011

21,321

21,237

WACHOVIA AUTO OWNER TR 2004-1

4.840%

4/20/2011

17,760

17,798

WACHOVIA AUTO OWNER TR 2006-A

5.350%

2/22/2011

17,514

17,581

WACHOVIA AUTO OWNER TR 2007-1

5.290%

4/20/2012

9,911

10,026

WACHOVIA AUTO OWNER TR 2007-A

5.390%

9/20/2011

6,000

6,085

WACHOVIA AUTO OWNER TR 2007-A

5.380%

4/20/2010

7,000

7,029

WELLS FARGO AUTO OWNER 2005-A

4.090%

1/15/2010

2,266

2,263

WELLS FARGO AUTO OWNER 2005-A

4.280%

5/15/2012

30,000

29,883

 

 

 

______________

______________

   TOTAL CORPORATE DEBT INSTRUMENTS

$1,027,858

$1,029,214

 

 

 

 

 

COMMON COLLECTIVE TRUSTS

 

 

 

 

 

 

 

 

 

*COLTV SHORT TERM INVT FD - Income 

4.862%

 

$  165,933

$  165,933

 

 

 

______________

______________

   TOTAL COMMON COLLECTIVE TRUSTS

 

 

$  165,933

$  165,933



-11-



SCHEDULE H


EXXONMOBIL SAVINGS PLAN

SCHEDULE H, LINE 4i

SCHEDULE OF ASSETS (HELD AT END OF YEAR)

 DECEMBER 31, 2007

(thousands of dollars)


 

 

MATURITY

PAR

CURRENT

DESCRIPTION

COUPON

DATE

VALUE

VALUE

--------------------------------------------------------------------------------------------------------------------------------------------

 

 

 

 

 

 

*PARTICIPANT LOANS

 

 

 

 

 

  (ANNUAL INTEREST RATES

 

 

 

 

 

   FROM 4.0% TO 11.5%,

 

 

 

 

 

   MATURITIES FROM

 

 

 

 

 

   1 MONTH TO 219 MONTHS)

 

 

 

$  176,430

 

 

 

 

 

 

 

 

 

 

 

 

 

TOTAL COMMON ASSET FUND

 

 

$2,481,046

$2,798,293

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



-12-


SCHEDULE H


EXXONMOBIL SAVINGS PLAN

SCHEDULE H, LINE 4i

SCHEDULE OF ASSETS (HELD AT END OF YEAR)

 DECEMBER 31, 2007

(thousands)



 

 

SHARES/

 

 

CURRENT

 

 

UNITS

 

 

VALUE

FUND/ISSUE

 

(000's)

 

 

($000's)

--------------------------------------------------------------------------------------------------------------------------------------------


COMMON STOCK:

 

 

 

 

 

--------------------------------------------

 

 

 

 

 

*EXXON MOBIL CORPORATION

 

181,227

 

$

16,979,193

 

 

 

 

 

 

COMMON COLLECTIVE TRUSTS:

 

 

 

 

 

----------------------------------------------

 

 

 

 

 

*NTGI-QM COLTV DAILY S&P 500 EQUITY

 

 

 

 

 

   INDEX FUND

 

532

 

$

2,157,836

*NTGI-QM COLTV DAILY SMALLCAP EQUITY

 

 

 

 

 

   INDEX FUND

 

3,674

 

  

1,044,522

*NTGI-QM COLTV DAILY EAFE INDEX

 

 

 

 

 

   FUND

 

1,815

 

 

828,799

*NTGI-QM COLTV DAILY AGGREGATE

 

 

 

 

 

   BOND FUND

 

795

 

 

289,377

 

 

 

 

 

______________

      TOTAL COMMON COLLECTIVE TRUSTS

 

 

 

$

4,320,534

 

 

 

 

 

______________

 

 

 

 

 

 

 

 

 

 

 

 

TOTAL ASSETS HELD FOR INVESTMENT PURPOSES

 

$

24,098,020













* Party-in-interest as defined by ERISA








-13-



SCHEDULE H


EXXONMOBIL SAVINGS PLAN

SCHEDULE H, LINE 4i

SCHEDULE OF ASSETS (ACQUIRED AND DISPOSED OF WITHIN YEAR)

 DECEMBER 31, 2007

(thousands of dollars)


 

 

MATURITY

 PAR VALUE OF

PROCEEDS OF

DESCRIPTION

COUPON

      DATE

ACQUISITIONS/

DISPOSITIONS

DISPOSITIONS

---------------------------------------------------------------------------------------------------------------------------------------

 

 

 

 

 

WACHOVIA AUTO OWNER TR 2006-A

5.380%

3/20/2013

$   3,935

  

 

 

 

(3,935)

$   3,928


























-14-




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, 2007 and 2006, and the changes in net assets available for benefits for the year ended December 31, 2007, 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 H, line 4i - schedule of assets (held at end of year) as of December 31, 2007 and schedule H, line 4i - schedule of assets (acquired and disposed of within year) as of December 31, 2007 are presented for the purpose of additional analysis and are not a required part of the basic financial statements but are 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.  These supplemental schedules are the responsibility of the Plan's management.  The supplemental schedules have been subjected to the auditing procedures applied in the audits of the basic financial statements and, in our opinion, are fairly stated in all material respects in relation to the basic financial statements taken as a whole.



PricewaterhouseCoopers LLP

Houston, Texas

June 11, 2008












-15-




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/ Hugh M. Comer                                     


Hugh M. Comer

Administrator-Accounting



Dated:  June 11, 2008
































-16-




EXHIBIT INDEX




EXHIBIT

SUBMISSION MEDIA


23.

Consent of PricewaterhouseCoopers LLP,

Electronic

Independent Registered Public Accounting Firm

Dated June 11, 2008














































-17-