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, 2009



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

5-11

   

 

Supplemental Schedule

 

   

 

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

12-14

   

 

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,

   

 

 

 

 

 

 

 

2009

 

 

2008


Assets

 

 

 

 

 

   

 

 

 

 

 

Investments, at fair value (Note 7):

 

 

 

 

 

   

 

 

 

 

 

   Exxon Mobil Corporation common stock

$

11,863

 

$

13,999

   

 

 

 

 

 

   Other investments

 

6,276

 

 

5,706

   

 

 

 

 

 

       Total investments

 

18,139

 

 

19,705

   

 

 

 

 

 

   

 

 

 

 

 

Accrued interest

 

9

 

 

11

   

 

 

 

 

 

Other receivables

 

      -

 

 

5

   

 

 

 

 

 

           Total assets

 

18,148

 

 

19,721

   

 

 

 

 

 

Liabilities

 

 

 

 

 

   

 

 

 

 

 

Payables and accrued liabilities

 

34

 

 

39

   

 

 

 

 

 

Payable for cash collateral on securities loaned

 

231

 

 

264

   

 

 

 

 

 

           Total liabilities

 

265

 

 

303

   

 

   

 

 

   

Net assets available for benefits

$

17,883

 

$

19,418

















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, 2009

(millions of dollars)




Additions:

 

 

 

 

   

 

 

 

 

   Contributions:

 

 

 

 

   

 

 

 

 

      Employer

 

$

256

 

      Participant

 

 

421

 

      Transfers-in at fair value

 

 

5

 

   

 

 

   

 

          Total contributions

 

 

682

 

   

 

 

 

 

   Investment income:

 

 

 

 

   

 

 

 

 

      Interest

 

 

100

 

      Dividends

 

 

291

 

      Net depreciation in fair value of investments (Note 6)

 

 

(1,272

)

   

 

 

      

 

           Net investment income/(loss)

 

 

(881

)

   

 

 

      

 

               Total additions/(deductions)

 

 

(199

)

   

 

 

 

 

Deductions:

 

 

 

 

   

 

 

 

 

   Benefit payments

 

 

(1,336

)

   

 

 

   

 

              Total deductions

 

 

(1,336

)

                             

 

 

   

 

                  Net decrease

 

 

(1,535

)

   

 

 

 

 

Net assets available for benefits:

 

 

 

 

   

 

 

 

 

   Beginning of year

 

 

19,418

 

   

 

 

   

 

   End of year

 

$

17,883

 

 





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 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"), designed to invest primarily in employer securities.


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 their pretax 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 2009, employer contributions totaling $0.6 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, 2009 and 2008.  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 $225 million and $257 million, at December 31, 2009 and 2008, 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, 2009 and 2008.  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 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:  Party-in-Interest Transactions


During 2009, 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 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 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,

 

2009

 

2008


Exxon Mobil Corporation

 

 

 

common stock, 174 and 175

 

 

 

million shares, respectively

$11,863

 

$13,999

   

   

 

   

NTGI-QM Coltv Daily S&P 500

 

 

 

Equity Index Fund, 499 and 516

 

 

 

thousand units, respectively

1,603

 

1,304



 


-7-




EXXONMOBIL SAVINGS PLAN



NOTES TO FINANCIAL STATEMENTS




Note 6:  Investments (continued)


During 2009, the Plan's investments (including gains and losses on investments bought and sold, as well as held during the year) depreciated in value by $1,272 million as follows:


 

 

(millions of dollars)


 

ExxonMobil common stock

$(2,017

)

 

Common collective trusts

752

 

 

Government securities

(16

)

 

Corporate debt securities

6

 

 

Other

3

 

 

 

      

 

 

 

$(1,272

)




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”, “Level 2”, and “Level 3” 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 (in millions of dollars):



 


-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, 2009 Using


 

 

 

Quoted Prices in Active Markets for Identical Assets

 

Significant Other Observable Inputs

 

Significant Unobservable Inputs

 

Description of investments

Value

 

(Level 1)

 

(Level 2)

 

(Level 3)

 

   

 

 

 

 

 

 

 

 

ExxonMobil common stock

$11,863

 

$11,863

(1)

 

 

 

 

Common Assets Fund:

 

 

 

 

 

 

 

 

  Fixed income

2,221

 

 

 

$ 2,221

(3)

 

 

  Short term investments

183

 

183

(2)

 

 

 

 

  Participant loans

220

 

 

 

 

 

$    220

(7)

  Securities lending collateral fund

231

 

 

 

231

(4)

 

 

Common collective trusts:

 

 

 

 

 

 

 

 

  S&P 500 Fund

1,603

 

 

 

1,603

(5)

 

 

  Small & Mid Cap Fund

860

 

 

 

860

(5)

 

 

  International Equity Fund

638

 

 

 

638

(5)

 

 

  Aggregate Bond Fund

320

 

 

 

320

(6)

 

 

 

   

 

 

 

   

 

 

 

   Total

$18,139

 

$12,046

 

$ 5,873

 

$    220

 



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 a 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.

7)

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


 



 





-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, 2008 Using


 

 

 

Quoted Prices in Active Markets for Identical Assets

 

Significant Other Observable Inputs

 

Significant Unobservable Inputs

 

Description of investments

Value

 

(Level 1)

 

(Level 2)

 

(Level 3)

 

   

 

 

 

 

 

 

 

 

ExxonMobil common stock

$13,999

 

$13,999

(1)

 

 

 

 

Common Assets Fund:

 

 

 

 

 

 

 

 

  Fixed Income

2,178

 

 

 

$ 2,178

(3)

 

 

  Short Term Investments

416

 

416

(2)

 

 

 

 

  Participant loans

188

 

 

 

 

 

$    188

(7)

  Securities lending collateral fund

264

 

 

 

264

(4)

 

 

Common collective trusts:

 

 

 

 

 

 

 

 

  S&P 500 Fund

1,304

 

 

 

1,304

(5)

 

 

  Small & Mid Cap Fund

628

 

 

 

628

(5)

 

 

  International Equity Fund

460

 

 

 

460

(5)

 

 

  Aggregate Bond Fund

268

 

 

 

268

(6)

 

 

 

   

 

   

 

   

 

   

 

   Total

$19,705

 

$14,415

 

$ 5,102

 

$    188

 



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 a 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.

7)

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



Consistent with additional authoritative guidance and to conform to the 2009 presentation basis, certain fair value hierarchy levels for the December 31, 2008 values have been reclassified.  The fair value for these investments did not change.





-10-




EXXONMOBIL SAVINGS PLAN



NOTES TO FINANCIAL STATEMENTS




Note 7:  Assets Measured at Fair Value on a Recurring Basis (continued)


The change in the fair value in 2009 of Level 3 assets that use significant unobservable inputs to measure fair value is shown in the table below:


 

 

Participant Loans

(millions of dollars)

 

   

 

   

 

Fair value at January 1

 

$188

 

Issuances and settlements (net)

 

32

 

Fair value at December 31

 

$220

 





-11-




                                                                                                                                                            SCHEDULE H


EXXONMOBIL SAVINGS PLAN

SCHEDULE H, LINE 4i

SCHEDULE OF ASSETS (HELD AT END OF YEAR)

DECEMBER 31, 2009


(b)

(c)

(d)

(e)

IDENTITY OF ISSUE

DESCRIPTION OF INVESTMENT

COST

CURRENT

 

   coupon

      maturity

   par/units

**

VALUE

 

 

 

(000’s)

 

($000’s)

   

U.S. GOVERNMENT SECURITIES

 

 

 

 

   

   

 

 

 

 

   

CITIGROUP FDG INC FDIC GTD NT

2.125%

7/12/2012

5,000

 

$        5,039

CITIGROUP INC FDIC GTD NT

2.875%

12/9/2011

10,000

 

10,300

FED FARM CR BKS CONS SYSTEMWIDE BDS

3.750%

12/6/2010

90,000

 

92,602

FED HOME LOAN MTG CORP DEB

4.125%

7/12/2010

27,500

 

28,046

FED HOME LOAN MTG CORP NT

6.875%

9/15/2010

14,700

 

15,365

FED HOME LOAN MTG CORP NT

4.125%

10/18/2010

7,300

 

7,505

FED HOME LOAN MTG CORP PREASSIGN

5.125%

4/18/2011

55,000

 

58,049

FED HOME LOAN MTG CORP PREASSIGN

1.500%

1/7/2011

25,000

 

25,228

FED HOME LOAN MTG CORP PREASSIGN

3.250%

2/25/2011

20,000

 

20,551

FED HOME LOAN MTG CORP PREASSIGN

1.750%

6/15/2012

20,000

 

20,089

FED HOME LOAN MTG CORP PREASSIGN

5.500%

8/20/2012

10,000

 

10,973

FED HOME LOAN MTG CORP PREASSIGN

5.125%

8/23/2010

7,000

 

7,202

FEDERAL FARM CR BANK

4.750%

5/7/2010

65,000

 

66,016

FEDERAL FARM CR BANK

5.250%

9/13/2010

20,000

 

20,626

FEDERAL HOME LOAN BANK BD

3.625%

7/1/2011

45,000

 

46,753

FEDERAL HOME LOAN BANK BD

1.000%

12/28/2011

30,000

 

29,874

FEDERAL HOME LOAN BANK BD

5.250%

6/11/2010

27,810

 

28,423

FEDERAL HOME LOAN BANK BD

5.375%

8/19/2011

25,000

 

26,686

FEDERAL HOME LOAN BANK BD

3.625%

9/16/2011

25,000

 

26,085

FEDERAL HOME LOAN BANK BD

3.375%

6/24/2011

25,000

 

25,827

FEDERAL HOME LOAN BANK BD

1.750%

8/22/2012

25,000

 

25,026

FEDERAL HOME LOAN BANK BD

4.375%

9/17/2010

22,000

 

22,588

FEDERAL HOME LOAN BANK BD

4.375%

10/22/2010

14,500

 

14,930

FEDERAL HOME LOAN BANK BD

1.875%

6/20/2012

10,000

 

10,069

FEDERAL HOME LOAN BANK BD

4.875%

3/12/2010

3,220

 

3,249

FEDERAL HOME LOAN BANK PREASSIGN

5.000%

10/13/2011

10,000

 

10,684

FEDERAL NATL MTG ASSN

7.125%

6/15/2010

64,000

 

65,993

FEDERAL NATL MTG ASSN

6.000%

5/15/2011

40,000

 

42,824

FEDERAL NATL MTG ASSN

1.000%

11/23/2011

40,000

 

39,907

FEDERAL NATL MTG ASSN

5.500%

3/15/2011

25,000

 

26,420

FEDERAL NATL MTG ASSN

5.000%

2/16/2012

15,000

 

16,145

FEDERAL NATL MTG ASSN

4.875%

5/18/2012

10,000

 

10,792

FEDERAL NATL MTG ASSN

4.250%

8/15/2010

10,000

 

10,244

FEDERAL NATL MTG ASSN

7.250%

1/15/2010

10,000

 

10,022

FEDERAL NATL MTG ASSN

1.750%

8/10/2012

10,000

 

9,998

FEDERAL NATL MTG ASSN

4.375%

9/15/2012

5,000

 

5,354

FEDERAL NATL MTG ASSN PREASSIGN

5.125%

4/15/2011

60,000

 

63,381

FEDERAL NATL MTG ASSN PREASSIGN

5.375%

11/15/2011

30,000

 

32,340

FEDERAL NATL MTG ASSN PREASSIGN

4.375%

9/13/2010

22,000

 

    22,582

FEDERAL NATL MTG ASSN PREASSIGN

2.000%

1/9/2012

10,000

 

10,145

GEN ELEC CAP CRP MED TRM FDIC GTD NTS

3.000%

12/9/2011

10,000

 

10,308

GEN ELEC CAP CRP MED TRM FDIC GTD NTS

2.250%

3/12/2012

5,000

 

5,072

JPMORGAN CHASE & CO FDIC GTD NT

2.125%

6/22/2012

10,000

 

10,115

U S BANCORP MD TRM SR FDIC GTD NT

1.800%

5/15/2012

10,000

 

10,052


-12-




SCHEDULE H


EXXONMOBIL SAVINGS PLAN

SCHEDULE H, LINE 4i

SCHEDULE OF ASSETS (HELD AT END OF YEAR)

DECEMBER 31, 2009



(b)

(c)

(d)

(e)

IDENTITY OF ISSUE

DESCRIPTION OF INVESTMENT

COST

CURRENT

 

   coupon

      maturity

   par/units

**

VALUE

 

 

 

(000’s)

 

($000’s)

   

US SAVINGS BDS SER EE

1.300%

2/1/2039

85,985

 

$      85,985

US SAVINGS BDS SER EE

3.000%

3/1/2038

91,404

 

91,404

US SAVINGS BDS SER I

0.000%

2/1/2038

189,732

 

189,732

US SAVINGS BDS SER I

0.000%

2/1/2039

175,589

 

175,589

US SAVINGS BDS SER I

0.000%

10/1/2031

242,186

 

242,186

US SAVINGS BDS SER I

0.000%

1/1/2033

208,819

 

208,819

US SAVINGS BDS SER I

0.000%

10/1/2032

112,465

 

112,465

   

 

 

 

 

   

                TOTAL U.S. GOVERNMENT SECURITIES

 

 

$ 2,165,659

   

 

 

 

 

   

   

 

 

 

 

   

CORPORATE DEBT SECURITIES

 

 

 

 

   

 

 

 

 

   

CHASE ISSUANCE TR

4.960%

9/17/2012

12,000

 

$      12,362

HARLEY DAVIDSON MTR TR 2007-1

5.220%

3/15/2012

1,240

 

1,248

HARLEY DAVIDSON MTR TR 2007-2

5.100%

5/15/2012

1,656

 

1,672

HARLEY-DAVIDSON MTR TR 2005-2

4.070%

2/15/2012

2,323

 

2,343

HARLEY-DAVIDSON MTR TR 2005-3

4.410%

6/15/2012

6,407

 

6,504

HARLEY-DAVIDSON MTR TR 2006-2

5.350%

3/15/2013

4,543

 

4,675

HARLEY-DAVIDSON MTR TR 2006-3

5.240%

1/15/2012

19

 

20

HARLEY-DAVIDSON MTR TR 2007-3

5.520%

11/15/2013

4,000

 

4,200

HONDA AUTO REC 2006-3 OWNER TR

5.110%

4/15/2012

4,490

 

4,551

HONDA AUTO REC 2007-1 OWNER TR

5.100%

3/18/2011

2,184

 

2,200

HONDA AUTO REC 2007-2 OWNER TR

5.460%

5/23/2011

1,015

 

1,026

HSBC AUTOMOTIVE TR USA 2006-1

5.430%

6/17/2011

1,556

 

1,567

HSBC AUTOMOTIVE TR USA 2006-2

5.610%

8/17/2011

1,508

 

1,524

NISSAN AUTO RECEIVABLES 2007-B

5.030%

5/16/2011

1,736

 

1,754

USAA AUTO OWNER TR 2006-4

5.010%

6/15/2011

378

 

379

USAA AUTO OWNER TR 2007-1

5.430%

10/17/2011

1,360

 

1,374

USAA AUTO OWNER TR 2007-2

4.900%

2/15/2012

2,115

 

2,142

WACHOVIA AUTO LN OWNER TR 2007-1

5.290%

4/20/2012

4,629

 

4,713

WACHOVIA AUTO OWNER TR 2007-A

5.390%

9/20/2011

1,719

 

1,737

   

 

 

 

 

   

   TOTAL CORPORATE DEBT SECURITIES

 

 

 

 

$      55,991

   

 

 

 

 

   

   

 

 

 

 

   

*PARTICIPANT LOANS

3.75% to 11.5% Maturity from 1 to 195 months

$     219,753

 

 

 

 

 

 





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SCHEDULE H


EXXONMOBIL SAVINGS PLAN

SCHEDULE H, LINE 4i

SCHEDULE OF ASSETS (HELD AT END OF YEAR)

DECEMBER 31, 2009

(b)

(c)

(d)

(e)

IDENTITY OF ISSUE

DESCRIPTION OF INVESTMENT

COST

CURRENT

 

   coupon

      maturity

   par/units

**

VALUE

 

 

 

(000’s)

 

($000’s)

   

 

 

 

 

COMMON COLLECTIVE TRUSTS

 

 

 

 

   

 

 

 

 

*NTGI-QM COLTV DAILY S&P 500 EQUITY

 

 

499

 

  $  1,602,628

   INDEX FUND

 

 

 

 

 

*NTGI-QM COLTV DAILY SMALLCAP EQUITY

 

3,589

 

859,875

   INDEX FUND

 

 

 

 

 

*NTGI-QM COLTV DAILY EAFE INDEX

 

 

1,856

 

637,755

   FUND

 

 

 

 

 

*NTGI-QM COLTV DAILY AGGREGATE

 

 

793

 

319,882

   BOND FUND

 

 

 

 

 

   

 

 

 

 

 

      TOTAL COMMON COLLECTIVE TRUSTS

 

 

 

 

   $  3,420,140

   

 

 

 

 

 

REGISTERED INVESTMENT FUNDS

 

 

 

 

 

   

 

 

 

 

 

MFO MONEY MKT OBLIGS TR GOVT OBLIGS FD

 

 

 

$    100,086

MFO JPMORGAN TR II US GOVT MONEY MKT FD

 

 

 

      60,188

*MFB NORTHERN INSTL FDS GOVT SELECT

 

 

    22,988

   

 

 

 

 

 

      TOTAL REGISTERED INVESTMENT FUNDS

 

 

 

$    183,262

   

 

 

 

 

 

OTHER

 

 

 

 

 

   

 

 

 

 

 

*CORE USA COLLATERAL FUND

 

 

 

 

$     231,027

*CORE USA SUB-FUND

 

 

7

 

  100

   

 

 

 

 

 

     TOTAL OTHER

 

 

 

 

$     231,127

   

 

 

 

 

 

COMMON STOCK

 

 

 

 

 

   

 

 

 

 

 

*EXXON MOBIL CORPORATION

 

 

173,962

 

$11,862,784

   

 

 

 

 

TOTAL ASSETS HELD FOR INVESTMENT PURPOSES

 

 

 

$18,138,716

 

 

 

 

 







* Party-in-interest as defined by ERISA

** Cost information is not required for participant-directed investments and, therefore, is not included.




-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, 2009 and 2008, and the changes in net assets available for benefits for the year ended December 31, 2009, 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 9, 2010













-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/ Joel P. Webb                                     


Joel P. Webb

Administrator-Accounting



Dated:  June 9, 2010
































-16-






EXHIBIT INDEX




EXHIBIT

SUBMISSION MEDIA


23.

Consent of PricewaterhouseCoopers LLP,

Electronic

Independent Registered Public Accounting Firm

Dated June 9, 2010















































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