v3.25.4
Taxation - Summary of Reconciliation of Applicable Tax Charge Credit at Statutory Tax Rates to Taxation Charge (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Reconciliation of accounting profit multiplied by applicable tax rates [abstract]      
Income before taxation $ 29,756 $ 29,922 $ 32,627
Less: share of profit of joint ventures and associates (1,618) (2,993) (3,725)
Income before taxation and share of profit of joint ventures and associates 28,138 26,929 28,902
Applicable tax charge at standard statutory tax rates 12,036 11,782 11,921
Adjustments in respect of prior periods (352) 132 (12)
Tax effects of:      
Expenses not deductible for tax purposes 538 747 1,225
Incentives for investment and development (300) (374) (553)
Derecognition of deferred tax assets 373 255 243
Changes in tax rates and legislation 593 112 242
Income not subject to tax at standard statutory rates 276 360 (213)
Disposals (1,553) (134) (113)
Exchange rate differences (212) (12) 89
Other reconciling items 238 533 162
Total taxation charge $ 11,637 $ 13,401 $ 12,991
Weighted average of statutory tax rates 43.00% 44.00% 41.00%
Effective tax rate based on income before taxation 39.00% 45.00% 40.00%
Effective tax rate based on income before taxation excluding share of profit of joint ventures and associates 41.00% 50.00% 45.00%