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Divisions and affiliated companies of ExxonMobil operate or market products in the United States and most other countries of the world.
−Removed: Their principal business involves exploration for, and production of, crude oil and natural gas and manufacture, trade, transport and sale of crude oil, natural gas, petroleum products, petrochemicals and a wide variety of specialty products.
+Added: Our principal business involves exploration for, and production of, crude oil and natural gas;
+Added: manufacture, trade, transport and sale of crude oil, natural gas, petroleum products, petrochemicals and a wide variety of specialty products;
+Added: and pursuit of lower-emission business opportunities including carbon capture and storage, hydrogen and biofuels.
Affiliates of ExxonMobil conduct extensive research programs in support of these businesses.
3 unchanged sentences
The energy and petrochemical industries are highly competitive, both within the industries and also with other industries in supplying the energy, fuel, and chemical needs of industrial and individual consumers.
+Added: Certain industry participants, including ExxonMobil, are expanding investments in lower-emission energy and emission-reduction services and technologies.
The Corporation competes with other firms in the sale or purchase of needed goods and services in many national and international markets and employs all methods of competition which are lawful and appropriate for such purposes.
Operating data and industry segment information for the Corporation are contained in the Financial Section of this report under the following:
−Removed: Disclosures about Segments and Related Information” and “Operating Information”.
+Added: “Management's Discussion and Analysis of Financial Condition and Results of Operations:
+Added: Business Results” and “Note 18:
+Added: Disclosures about Segments and Related Information”.
Information on oil and gas reserves is contained in the “Oil and Gas Reserves” part of the “Supplemental Information on Oil and Gas Exploration and Production Activities” portion of the Financial Section of this report.
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We have a wide array of research programs designed to meet the needs identified in each of our business segments.
−Removed: ExxonMobil held nearly 9 thousand active patents worldwide at the end of 2020.
+Added: ExxonMobil held over 8 thousand active patents worldwide at the end of 2021.
For technology licensed to third parties, revenues totaled approximately $66 million in 2021.
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Compensation, benefits, and workplace programs support the Corporation's talent management approach, and are designed to attract and retain employees for a career through compensation that is market competitive, long-term oriented, and highly differentiated by individual performance.
−Removed: Sixty percent of our global employee workforce is from outside the U.S., and over the past decade 39 percent of our global hires for management, professional and technical positions were female and 31 percent of our U.S.
+Added: Over 60 percent of our global employee workforce is from outside the U.S., and over the past decade 39 percent of our global hires for management, professional and technical positions were female and 35 percent of our U.S.
hires for management, professional and technical positions were minorities.
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Using definitions and guidelines established by the American Petroleum Institute, ExxonMobil’s 2021 worldwide environmental expenditures for all such preventative and remediation steps, including ExxonMobil’s share of equity company expenditures, were $4.6 billion, of which $3.4 billion were included in expenses with the remainder in capital expenditures.
−Removed: The total cost for such activities is expected to increase to approximately $4.9 billion in 2021 and 2022.
−Removed: Capital expenditures are expected to account for approximately 25 percent of the total.
+Added: The total cost for such activities is expected to increase to approximately $5.3 billion in 2022, with capital expenditures expected to account for approximately 30 percent of the total.
+Added: Costs for 2023 are anticipated to be higher as the Low Carbon Solutions business matures and the Corporation progresses its emission-reduction plans.
Information concerning the source and availability of raw materials used in the Corporation’s business, the extent of seasonality in the business, the possibility of renegotiation of profits or termination of contracts at the election of governments, and risks attendant to foreign operations may be found in “Item 1A.
7 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.