v3.25.4
CONSOLIDATED BALANCE SHEET - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Non-current assets    
Goodwill $ 15,662 $ 16,032
Other intangible assets 11,010 9,480
Property, plant and equipment 185,077 185,219
Joint ventures and associates 27,775 23,445
Investments in securities 1,557 2,255
Deferred tax 8,173 6,857
Retirement benefits 5,052 10,003
Trade and other receivables 8,252 6,018
Derivative financial instruments 619 374
Non-current assets 263,177 259,683
Current assets    
Inventories 22,216 23,426
Trade and other receivables 44,597 45,860
Derivative financial instruments 9,114 9,673
Cash and cash equivalents 30,216 39,110
Total current assets other than non-current assets or disposal groups classified as held for sale or as held for distribution to owners 106,143 118,069
Assets classified as held for sale 1,030 9,857
Current assets 107,173 127,926
Total assets 370,350 387,609
Non-current liabilities    
Debt 66,515 65,448
Trade and other payables 4,463 3,290
Derivative financial instruments 1,108 2,185
Deferred tax 11,983 13,505
Retirement benefits 7,136 6,752
Decommissioning and other provisions 21,411 21,227
Non-current liabilities 112,616 112,407
Current liabilities    
Debt 9,128 11,630
Trade and other payables 57,770 60,693
Derivative financial instruments 5,664 7,391
Income taxes payable 3,149 4,648
Decommissioning and other provisions 5,884 4,469
Total current liabilities other than liabilities included in disposal groups classified as held for sale 81,595 88,831
Liabilities directly associated with assets classified as held for sale 820 6,203
Current liabilities 82,415 95,034
Total liabilities 195,031 207,441
Equity    
Share capital 477 510
Shares held in trust (847) (803)
Other reserves 21,234 19,766
Retained earnings 153,528 158,834
Equity attributable to Shell plc shareholders 174,392 178,307
Non-controlling interest 927 1,861
Total equity 175,319 180,168
Total liabilities and equity $ 370,350 $ 387,609