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Imperial Oil Balance Sheet Statement

Assets, liabilities, and shareholders' equity

Imperial Oil holds $45.5B in total assets. Shareholders' equity is $22.7B against $4.2B in total debt. Cash and equivalents total $1.0B. The current ratio is 1.23 and debt-to-equity is 0.185. Based on the Q1 2026 filing.

Total Assets$45.5BTotal Stockholders Equity$22.7BLong Term Debt$3.4BCash And Equivalents$1.0BTotal Current Assets$11.5BTotal Current Liabilities$9.3B
Latest FilingQ1 2026
Report Date2026-05-04
Market Cap$58.5B
P/E Ratio20.03
ROE12.38%

Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts payable————$6.6B$9.2B
Current Pension and Postretirement Benefit Liabilities————$63M$63M
Current portion of long-term debt$0———$0$19M
Derivative Liabilities - Fair Value$82M$84M$84M$31M$32M$239M
Dividends payable$307M———$350M—
Finance Lease Liability, Current$18M———$19M—
Operating lease liabilities, current$100M$98M$102M$95M$87M$77M
Restructuring Reserve————$173M$164M
Short-term borrowings$0———$0—
Total current liabilities$7B$7B$6.7B$6.8B$6.6B$9.3B

Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts receivable, net$5.8B$5.8B$5.6B$5.2B$4.4B$7.6B
Cash and cash equivalents$979M$1.8B$2.4B$1.9B$1.1B$1B
Crude oil, products and merchandise$1.6B———$2.2B—
Materials, supplies and prepaid expenses$975M$1B$1B$908M$693M$866M
Derivative assets$59M$104M$84M$44M$59M$265M
Finished goods————$2.2B$2B
Total current assets$9.4B$10.4B$10.7B$10B$8.4B$11.5B

Equity

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accumulated other comprehensive income (loss)-$214M-$197M-$192M-$187M-$14M-$39M
Common stock————1.1B1.1B
Retained earnings$22.7B$23.7B$24.2B$23B$21.4B$21.9B
Total liabilities and stockholders' equity$42.9B$43.9B$44.2B$43B$42.3B$45.5B
Total stockholders' equity$23.5B$24.4B$25B$23.7B$22.3B$22.7B

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Cumulative Cost Basis$58B$58.4B$58.9B$59.3B$60B$60.5B
Accumulated Benefit Obligation for Plans with ABO in Excess of Assets$386M———$368M—
Projected Benefit Obligation for Plans with ABO in Excess of Assets$431M———$409M—
Gross Assets/Liabilities$82M$84M$84M$31M$32M$239M
Line of Credit Remaining Borrowing Capacity$500M———$500M—
Other taxes payable$524M———$393M—
Asset Retirement Obligation$2.8B———$3.5B—
Asset retirement obligations and other environmental liabilities$2.6B$2.6B$2.6B$2.6B$3.3B$3.4B
Asset retirement obligations and other environmental liabilities in current liabilities$291M$291M$291M$291M$318M$318M
Oil and Gas, Capitalized Exploratory Well Cost$0———$0—
Common shares outstanding (in shares)509M509M509M496.9M483.6M483.6M
Construction work in progress$3.6B———$3.5B—
Average effective rate for affiliate long-term borrowing3.9%———2.7%—
Share-based incentive compensation liabilities$119M$160M$197M$270M$198M$333M
Capital loss carryforwards$66M———$65M—
Deferred Tax Assets Inventory Noncurrent$468M———$297M—
Deferred Tax Assets Other Non Current$35M———$214M—
Deferred Tax Assets, Tax Deferred Expense, Compensation And Benefits, Pension And Benefits, Net$15M———-$38M—
Deferred Tax Assets, Tax Deferred Expense, Reserves and Accruals, Asset Retirement Obligations$686M———$858M—
Deferred Tax Assets, Valuation Allowance$66M———$65M—
Deferred Tax Liabilities, Net$4.5B———$4.4B—
Successful drilling and land acquisitions$236M———$236M—
Capitalized interest$185M———$202M—
Deferred Tax Liabilities, Property, Plant and Equipment$5.3B———$5.3B—
Defined Benefit Plan, Expected Future Employer Contributions, Next Fiscal Year$160M———$151M—
Less: Fair value of plan assets at end of period$8.6B———$8.6B—
Defined Benefit Plan, Health Care Cost Trend Rate Assumed, Next Fiscal Year6.1%———6.1%—
Health care cost trend rate assumed for 2040 and beyond3.6%———3.6%—
Biofuels$40M———$225M—
Crude oil$701M———$1.1B—
Estimated cash payments for asset retirement obligations in 2026$231M———$241M—
Estimated cash payments for asset retirement obligations in 2027$246M———$227M—
Estimated excess of current replacement cost over LIFO cost of inventories$2B———$1.5B—
Current maturities of long-term debt$18M———$19M—
2027$18M———$17M—
2029$18M———$17M—
2028$18M———$17M—
2026$18M———$17M—
Finance Lease Liability Undiscounted Excess Amount$468M———$545M—
Guarantor obligations, current carrying value$10M———$7M—
Energy Related Inventory, Crude Oil, Products and Merchandise$513M———$461M—
Lessee Operating Lease Liability Undiscounted Excess Amount$19M———$16M—
Letters of Credit Outstanding, Amount$475M———$668M—
Maximum long-term borrowing from affiliate$7.8B———$7.8B—
Other$331M———$394M—
Other$739M———$1.2B—
Projects that have exploratory well costs that have been capitalized$0———$0—
Restructuring liability – non-current portion$0———$173M$164M
Unrecognized tax benefits$34M———$42M—
Unrecorded Unconditional Purchase Obligation, to be Paid, Year Two$1M———$0—
Purchase commitments, Due in 2027$52M———$0—

Non-Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Deferred Tax and Other Liabilities (Non-Current)————$4.5B$4.3B
Defined Benefit Pension Plan Liabilities (Non-Current)$846M$842M$828M$836M$811M$845M
Finance lease liabilities$545M$541M$536M$532M$531M$527M
Long-term debt$3.4B$3.4B$3.4B$3.4B$3.4B$3.4B
Operating lease liabilities, non-current$144M$145M$147M$132M$149M$146M
Other non-current liabilities$3.9B$3.9B$3.9B$4.2B$5B$5.1B
Total liabilities$19.5B$19.5B$19.2B$19.3B$20.1B$22.7B

Non-Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Deferred Tax Assets and Other Non-Current Assets$1.5B$1.6B$1.6B$1.5B$1.8B$1.9B
Goodwill$166M$166M$166M$166M$166M$166M
Long-term investments————$1.1B$1.1B
Energy Related Inventory, Chemicals$57M———$64M—
Other non-current assets————$1.8B$1.9B
Accumulated depreciation$27.2B$27.7B$28.2B$29.1B$29.2B$29.6B
Property and equipment, net$30.8B$30.7B$30.7B$30.2B$30.9B$30.8B
Software and Technology Licenses, Net$1.5B$1.6B$1.6B$1.5B$1.8B$1.9B
Total assets$42.9B$43.9B$44.2B$43B$42.3B$45.5B