Part IV

Item 15.

Exhibits and Financial Statement Schedules

XTO ENERGY INC. Consolidated Statements
of Stockholders’ Equity

(in millions, except
per share amounts)
Common
Stock
Additional
Paid-in
Capital
Treasury
Stock
Retained
Earnings
Accumulated
Other
Comprehensive
Income (Loss)
  
Total
Balances,
December 31, 2004		 $ 4 $ 1,409 $ (25) $ 1,240 $ (29)   $ 2,599
Net income – – – 1,152 –   1,152
Change in hedge derivative fair value, net of applicable income tax of $27 – – – – (48)   (48)
Hedge derivative contract settlements reclassified into earnings from accumulated other comprehensive income (loss), net of applicable income tax of $81 – – – – 145   145
Comprehensive income   1,249
Issuance/vesting of performance shares – 33 (14) – –   19
Stock option exercises, including income tax benefits – 75 – – –   75
Issuance of common stock and warrants for acquisition of corporation 1 347 – – –   348
Common stock dividends ($0.18 per share) – – – (81) –   (81)
Balances,
December 31, 2005		 5 1,864 (39) 2,311 68   4,209
Net income – – – 1,860 –   1,860
Change in hedge derivative fair value, net of applicable income tax of $473 – – – – 810   810
Hedge derivative contract settlements reclassified into earnings from accumulated other comprehensive income (loss), net of applicable income tax of $225 – – – – (390)   (390)
Adjustment related to initial recognition of funded status of post-retirement health plan, net of applicable income tax of $1 – – – – (2)   (2)
Comprehensive income   2,278
Issuance/vesting of stock awards – 10 (3) – –   7
Expensing of stock options – 53 – – –   53
Stock option and warrant exercises, including income tax benefits – 28 – – –   28
Treasury stock purchases – – (83) – –   (83)
Issuance of common stock for acquisition of corporation – 102 – – –   102
Fair value of royalty trust unit distribution ($1.35 per share) – – – (614) –   (614)
Common stock dividends ($0.252 per share) – – – (115) –   (115)
Balances,
December 31, 2006		 5 2,057 (125) 3,442 486   5,865
Net income – – – 1,691 –   1,691
Change in hedge derivative fair value, net of applicable income tax of $49 – – – – (77)   (77)
Hedge derivative contract settlements reclassified into earnings from accumulated other comprehensive income (loss), net of applicable income tax of $257 – – – – (444)   (444)
Adjustment related to recognition of funded status of post-retirement health plan, net of applicable income tax of $3 – – – – (5)   (5)
Comprehensive income   1,165
Issuance/vesting of stock awards, including income tax benefits – 26 (9) – –   17
Expensing of stock options – 42 – – –   42
Stock option and warrant exercises, including income tax benefits – 38 – – –   38
Common stock offering – 1,009 – – –   1,009
Common stock dividends ($0.408 per share) – – – (195) –   (195)
Balances,
December 31, 2007		 $ 5 $ 3,172 $ (134) $ 4,938 $ (40)   $ 7,941

See accompanying notes to consolidated financial statements.