v3.25.4
Segment information - Summary of Adjusted Earnings by Segment (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Disclosure of operating segments [line items]            
Revenue       $ 266,886 $ 284,312 $ 316,620
Share of profit of joint ventures and associates       1,618 2,993 3,725
Interest and other income       5,227 1,724 2,838
Interest income       1,960 2,372 2,313
Net gains/(losses) on sale and revaluation of non-current assets and businesses       3,190 (288) 257
Other       77 (360) 268
Purchases       177,194 188,120 212,883
Operating expenses, of which:       35,675 36,917 39,960
Production and manufacturing expenses       21,898 23,379 25,240
Selling, distribution and administrative expenses       12,607 12,439 13,433
Research and development       1,170 1,099 1,287
Exploration       1,136 2,411 1,750
Depreciation, depletion and amortisation       25,299 26,872 31,290
Impairment losses       3,175 4,502 8,947
Impairment reversals       (42) (333) (762)
Interest expense       4,671 4,787 4,673
Taxation charge/(credit)       11,637 13,401 12,991
Income for the period       18,119 16,521 19,636
Current cost of supplies adjustment before taxation       871 363 848
Tax on current cost of supplies adjustment       (230) (91) (203)
Identified items before taxation $ (256) $ (8,867) $ (8,732) 256 8,867 8,732
Tax on identified items [D] 203 1,521 479 (203) (1,521) (479)
Adjusted Earnings       18,813 24,139 28,534
Adjusted Earnings attributable to Shell plc shareholders       18,528 23,716 28,250
Adjusted Earnings attributable to non-controlling interest       285 423 284
Impairment losses on property, plant and equipment       2,799 3,673 8,182
Impairment loss recognised in profit or loss, goodwill       161 510 635
Impairment loss recognised in profit or loss, intangible assets other than goodwill       215 319 130
Reversal of impairment loss recognised in profit or loss, property, plant and equipment       42 333 627
Reversal of impairment loss recognised in profit or loss, intangible assets other than goodwill       0 0 135
Inter-segment            
Disclosure of operating segments [line items]            
Revenue       93,472 96,944 105,612
Operating segments            
Disclosure of operating segments [line items]            
Purchases       270,666 285,064 318,495
Integrated Gas            
Disclosure of operating segments [line items]            
Revenue       38,457 37,290 37,645
Share of profit of joint ventures and associates       1,407 1,931 1,951
Interest and other income       169 48 137
Interest income       37 8 6
Net gains/(losses) on sale and revaluation of non-current assets and businesses       81 (100) (22)
Other       51 140 153
Operating expenses, of which:       4,217 4,442 4,809
Production and manufacturing expenses       3,943 4,153 4,529
Selling, distribution and administrative expenses       140 164 154
Research and development       134 125 126
Exploration       115 414 216
Depreciation, depletion and amortisation       6,792 6,150 8,903
Impairment losses       686 564 3,472
Impairment reversals       0 (9) (324)
Interest expense       216 189 146
Taxation charge/(credit)       2,548 3,144 2,806
Income for the period       8,820 9,590 7,057
Current cost of supplies adjustment before taxation       0 0 0
Tax on current cost of supplies adjustment       0 0 0
Identified items before taxation 698 (2,176) (7,892) (698) 2,176 7,892
Tax on identified items [D] 98 376 1,030 (98) (376) (1,030)
Adjusted Earnings       8,024 11,390 13,919
Reversal of impairment loss recognised in profit or loss, property, plant and equipment           325
Integrated Gas | Inter-segment            
Disclosure of operating segments [line items]            
Revenue       10,288 8,715 11,560
Integrated Gas | Operating segments            
Disclosure of operating segments [line items]            
Purchases       27,613 24,055 27,356
Upstream            
Disclosure of operating segments [line items]            
Revenue       5,105 6,606 6,475
Share of profit of joint ventures and associates       814 1,189 768
Interest and other income       3,083 609 671
Interest income       120 18 27
Net gains/(losses) on sale and revaluation of non-current assets and businesses       2,516 89 209
Other       447 502 435
Operating expenses, of which:       9,004 9,790 9,830
Production and manufacturing expenses       8,546 9,351 9,186
Selling, distribution and administrative expenses       207 176 326
Research and development       251 263 318
Exploration       1,021 1,997 1,534
Depreciation, depletion and amortisation       10,142 11,223 12,463
Impairment losses       237 327 1,360
Impairment reversals       0 (75) (206)
Interest expense       718 806 507
Taxation charge/(credit)       8,809 9,387 8,380
Income for the period       9,443 7,772 8,540
Current cost of supplies adjustment before taxation       0 0 0
Tax on current cost of supplies adjustment       0 0 0
Identified items before taxation 2,399 (1,100) (1,166) (2,399) 1,100 1,166
Tax on identified items [D] (398) 477 (100) 398 (477) 100
Adjusted Earnings       7,442 8,395 9,806
Reversal of impairment loss recognised in profit or loss, property, plant and equipment           203
Upstream | Shell UK offshore oil and gas assets            
Disclosure of operating segments [line items]            
Net gains/(losses) on sale and revaluation of non-current assets and businesses       1,949    
Upstream | Inter-segment            
Disclosure of operating segments [line items]            
Revenue       35,968 39,939 41,230
Upstream | Operating segments            
Disclosure of operating segments [line items]            
Purchases       5,833 7,368 7,890
Marketing            
Disclosure of operating segments [line items]            
Revenue       111,855 120,089 130,559
Share of profit of joint ventures and associates       (821) 32 536
Interest and other income       (259) (432) 73
Interest income       14 1 9
Net gains/(losses) on sale and revaluation of non-current assets and businesses       (180) (399) 1
Other       (93) (34) 63
Operating expenses, of which:       10,649 10,681 11,142
Production and manufacturing expenses       1,151 1,322 1,463
Selling, distribution and administrative expenses       9,292 9,150 9,427
Research and development       206 209 252
Exploration       0 0 0
Depreciation, depletion and amortisation       3,499 3,866 2,477
Impairment losses       1,229 1,633 430
Impairment reversals       (32) (1) (1)
Interest expense       61 56 53
Taxation charge/(credit)       1,205 825 739
Income for the period       2,057 1,709 2,690
Current cost of supplies adjustment before taxation       304 254 478
Tax on current cost of supplies adjustment       (75) (68) (110)
Identified items before taxation (2,080) (2,402) (339) 2,080 2,402 339
Tax on identified items [D] 372 412 85 (372) (412) (85)
Adjusted Earnings       3,994 3,885 3,312
Marketing | Inter-segment            
Disclosure of operating segments [line items]            
Revenue       7,539 4,938 5,299
Marketing | Operating segments            
Disclosure of operating segments [line items]            
Purchases       100,843 107,490 119,366
Chemicals and Products            
Disclosure of operating segments [line items]            
Revenue       77,071 90,918 97,080
Share of profit of joint ventures and associates       383 648 569
Interest and other income       885 121 64
Interest income       99 79 57
Net gains/(losses) on sale and revaluation of non-current assets and businesses       720 6 (46)
Other       66 36 53
Operating expenses, of which:       8,372 8,392 9,598
Production and manufacturing expenses       6,401 6,605 7,394
Selling, distribution and administrative expenses       1,835 1,636 2,022
Research and development       136 151 182
Exploration       0 0 0
Depreciation, depletion and amortisation       4,173 4,700 6,269
Impairment losses       713 1,319 2,777
Impairment reversals       (7) (114) (90)
Interest expense       53 70 61
Taxation charge/(credit)       229 155 (301)
Income for the period       262 1,671 1,204
Current cost of supplies adjustment before taxation       567 109 370
Tax on current cost of supplies adjustment       (155) (23) (93)
Identified items before taxation (404) (1,364) (2,632) 404 1,364 2,632
Tax on identified items [D] 27 187 497 (27) (187) (497)
Adjusted Earnings       1,051 2,934 3,616
Reversal of impairment loss recognised in profit or loss, property, plant and equipment         114  
Chemicals and Products | Inter-segment            
Disclosure of operating segments [line items]            
Revenue       35,293 38,381 42,816
Chemicals and Products | Operating segments            
Disclosure of operating segments [line items]            
Purchases       100,543 115,080 123,698
Renewables and Energy Solutions            
Disclosure of operating segments [line items]            
Revenue       34,359 29,366 44,819
Share of profit of joint ventures and associates       (165) (807) (96)
Interest and other income       50 242 75
Interest income       13 2 12
Net gains/(losses) on sale and revaluation of non-current assets and businesses       39 119 110
Other       (2) 121 (47)
Operating expenses, of which:       2,550 2,915 3,763
Production and manufacturing expenses       1,836 1,934 2,610
Selling, distribution and administrative expenses       623 887 1,058
Research and development       91 94 95
Exploration       0 0 0
Depreciation, depletion and amortisation       656 907 1,159
Impairment losses       299 658 908
Impairment reversals       (3) (134) (141)
Interest expense       11 6 4
Taxation charge/(credit)       89 99 1,320
Income for the period       (489) (1,229) 3,089
Current cost of supplies adjustment before taxation       0 0 0
Tax on current cost of supplies adjustment       0 0 0
Identified items before taxation (805) (720) 3,311 805 720 (3,311)
Tax on identified items [D] 144 (12) (978) (144) 12 978
Adjusted Earnings       172 (497) 756
Reversal of impairment loss recognised in profit or loss, property, plant and equipment         134  
Renewables and Energy Solutions | Inter-segment            
Disclosure of operating segments [line items]            
Revenue       4,384 4,971 4,707
Renewables and Energy Solutions | Operating segments            
Disclosure of operating segments [line items]            
Purchases       35,811 31,074 40,170
Corporate            
Disclosure of operating segments [line items]            
Revenue       39 43 42
Share of profit of joint ventures and associates       0 0 (3)
Interest and other income       1,299 1,136 1,818
Interest income       1,677 2,264 2,202
Net gains/(losses) on sale and revaluation of non-current assets and businesses       14 (3) 5
Other       (392) (1,125) (389)
Operating expenses, of which:       883 697 818
Production and manufacturing expenses       21 14 58
Selling, distribution and administrative expenses       510 426 446
Research and development       352 257 314
Exploration       0 0 0
Depreciation, depletion and amortisation       37 26 19
Impairment losses       11 1 0
Impairment reversals       0 0 0
Interest expense       3,612 3,660 3,902
Taxation charge/(credit)       (1,243) (209) 47
Income for the period       (1,974) (2,992) (2,944)
Current cost of supplies adjustment before taxation       0 0 0
Tax on current cost of supplies adjustment       0 0 0
Identified items before taxation (64) (1,105) (14) 64 1,105 14
Tax on identified items [D] $ (40) $ 81 $ (55) 40 (81) 55
Adjusted Earnings       (1,870) (1,968) (2,875)
Corporate | Inter-segment            
Disclosure of operating segments [line items]            
Revenue       0 0 0
Corporate | Operating segments            
Disclosure of operating segments [line items]            
Purchases       $ 23 $ (3) $ 15