XOM · 10-Q · 2026Q2 · Full report

FX / Currency Impact

ExxonMobil Holdings Corp · 2026-08-03 · Importance 36 · Surprise 40

Foreign exchange translation adjustments produced a $2.5 billion change in accumulated other comprehensive income during the six months ended June 30, 2026, compared with a $2.2 billion favorable change in the prior-year period. ExxonMobil reported cumulative foreign exchange translation adjustment of negative $13.9 billion at June 30, 2026, versus negative $13.4 billion at December 31, 2025. The company designated $3.4 billion of Euro-denominated debt and related accrued interest as a net investment hedge of its European business as of June 30, 2026.

Key facts

• As of June 30, 2026, the Corporation has designated $3.4 billion of its Euro-denominated debt and related accrued interest as a net investment hedge of its European business; the net investment hedge is deemed to be perfectly effective. source
• Energy Products 2Q other decreased earnings by $80 million driven by unfavorable foreign exchange rate effects. source
• Energy Products second quarter other decreased earnings by $80 million driven by unfavorable foreign exchange rate effects (reiterated in Energy Products section). source