v3.25.2
Condensed consolidated statements of financial position - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Jun. 30, 2024
Dec. 31, 2023
Current assets:        
Cash and cash equivalents $ 5,358 $ 6,400 $ 5,838 $ 7,686
Restricted cash 85 84    
Trade accounts receivable and other (including 291 and 322 from related parties at June 30, 2025 and December 31, 2024, respectively) 4,628 3,375    
Inventories (note 2) 19,126 16,501    
Prepaid expenses and other current assets 3,576 3,022    
Assets held for sale (note 5) 199 0    
Total current assets 32,972 29,382    
Non-current assets:        
Goodwill and intangible assets 5,343 4,453    
Property, plant and equipment and biological assets 39,621 33,311    
Investments in associates and joint ventures (note 4) 10,668 11,420    
Other investments 342 299    
Deferred tax assets 8,586 8,942    
Other assets 1,346 1,578    
Total non-current assets 65,906 60,003    
Total assets 98,878 89,385    
Current liabilities:        
Short-term debt and current portion of long-term debt (note 9) 3,173 2,748    
Trade accounts payable and other (including 285 and 291 to related parties at June 30, 2025 and December 31, 2024, respectively) 12,741 12,921    
Short-term provisions (note 11) 1,036 938    
Accrued expenses and other liabilities 6,048 4,738    
Income tax liabilities 499 480    
Liabilities held for sale (note 5) 103 0    
Total current liabilities 23,600 21,825    
Non-current liabilities:        
Long-term debt, net of current portion (note 9) 10,559 8,815    
Deferred tax liabilities 2,429 2,338    
Deferred employee benefits 2,521 2,338    
Long-term provisions (note 11) 1,750 1,361    
Other long-term obligations 1,549 1,422    
Total non-current liabilities 18,808 16,274    
Total liabilities 42,408 38,099    
Equity (note 7):        
Equity attributable to the equity holders of the parent 54,378 49,223    
Non-controlling interests 2,092 2,063    
Total equity 56,470 51,286 $ 54,299 $ 56,068
Total liabilities and equity $ 98,878 $ 89,385