v3.25.4
Decommissioning and other provisions
12 Months Ended
Dec. 31, 2025
Other Provisions, Contingent Liabilities And Contingent Assets [Abstract]  
Decommissioning and Other Provisions
$ million
Decommissioning
and restoration
LegalOnerous contractsEnvironmentalRedundancyOtherTotal
At January 1, 2025
Current1,3564572382679321,2194,469
Non-current17,1281,3648246161891,10621,227
18,4841,8211,0628831,1212,32525,696
Additions8731,8361211337561,1644,883
Amounts charged against provisions(968)(480)(238)(137)(799)(171)(2,793)
Accretion
894594318461,024
Disposals and liabilities classified as held for sale(1,283)(17)(2)(27)(1)(1)(1,331)
Remeasurements and other movements278(59)(26)(30)(332)(769)(938)
Currency translation differences523353672115754
3171,342(97)(7)(300)3441,599
At December 31, 2025
Current1,4751,9122792746431,3015,884
Non-current17,3261,2516866021781,36821,411
18,8013,1639658768212,66927,295
At January 1, 2024
Current1,2965082243183671,3284,041
Non-current18,1571,5488806381231,18522,531
19,4532,0561,1049564902,51326,572
Additions6292611841251,2586653,122
Amounts charged against provisions(1,034)(409)(227)(148)(354)(316)(2,488)
Accretion
83076351439967
Disposals and liabilities classified as held for sale(3,115)(3)211(3,105)
Remeasurements and other movements1,994(161)(33)(39)(241)(505)1,015
Currency translation differences(273)(2)(1)(22)(37)(52)(387)
(969)(235)(42)(73)631(188)(876)
At December 31, 2024
Current 1,3564572382679321,2194,469
Non-current17,1281,3648246161891,10621,227
18,4841,8211,0628831,1212,32525,696
The amount and timing of settlement in respect of these provisions are uncertain and dependent on various factors that are not always within management's control. Reviews of estimated future decommissioning and restoration costs and the discount rate applied are carried out regularly. The discount rate applied at December 31, 2025, was 4.5% (2024: 4.5%).
An increase of 0.5% or a decrease of 0.5% in the discount rate could result in a decrease of $0.9 billion (2024: $0.9 billion) or an increase of $1.1 billion (2024: $1.0 billion) in decommissioning and restoration provisions, respectively. Where applicable, the associated increase in the carrying amount of the related asset would be tested for impairment.
Other provisions at December 31, 2025, include amounts recognised in respect of employee benefits.
The decommissioning and restoration provision at December 31, 2025, is expected to be utilised within:
$ million
Dec 31, 2025
Less than 1 year
1,475
Between 1 to 5 years
3,988
Between 6 to 10 years
3,302
11 years and later10,036
Total18,801