v3.25.4
Segment information - Summary of Identified Items 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
Identified items included in Income before taxation            
Divestment gains/(losses) $ 3,582 $ (288) $ 257      
Impairment (impairments)/reversals (3,668) (5,051) (8,300)      
Redundancy and restructuring (421) (1,012) (329)      
Fair value accounting of commodity derivatives and certain gas contracts 733 (1,013) (419)      
Other (482) (1,503) 59      
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)
Identified items included in Income for the period            
Divestment gains/(losses) 3,303 (319) 277      
Impairment (impairments)/reversals (2,955) (4,371) (6,219)      
Redundancy and restructuring (293) (711) (241)      
Fair value accounting of commodity derivatives and certain gas contracts 714 (848) (1,285)      
Impact of exchange rate movements and inflationary adjustments on tax balances 51 363 (355)      
Other (873) (1,460) (430)      
Impact on Income for the period (53) (7,346) (8,253)      
Impact on Income for the period attributable to non-controlling interest 0 18 (11)      
Impact on Income for the period attributable to Shell plc shareholders (53) (7,364) (8,242)      
Integrated Gas            
Identified items included in Income before taxation            
Divestment gains/(losses) 81 (100) (22)      
Impairment (impairments)/reversals (685) (555) (3,147)      
Redundancy and restructuring (52) (106) (1)      
Fair value accounting of commodity derivatives and certain gas contracts 1,322 (1,286) (4,754)      
Other 32 (129) 32      
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)
Identified items included in Income for the period            
Divestment gains/(losses) 78 (96) (14)      
Impairment (impairments)/reversals (433) (363) (2,247)      
Redundancy and restructuring (37) (71) 0      
Fair value accounting of commodity derivatives and certain gas contracts 1,171 (1,088) (4,408)      
Impact of exchange rate movements and inflationary adjustments on tax balances 34 (49) 0      
Other (17) (133) (193)      
Impact on Income for the period 796 (1,800) (6,862)      
Impact on Income for the period attributable to non-controlling interest 0 0 0      
Impact on Income for the period attributable to Shell plc shareholders 796 (1,800) (6,862)      
Upstream            
Identified items included in Income before taxation            
Divestment gains/(losses) 2,823 89 209      
Impairment (impairments)/reversals (238) (362) (1,187)      
Redundancy and restructuring (67) (320) (21)      
Fair value accounting of commodity derivatives and certain gas contracts (4) (58) 448      
Other (115) (449) (615)      
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
Identified items included in Income for the period            
Divestment gains/(losses) 2,655 67 208      
Impairment (impairments)/reversals (162) (323) (642)      
Redundancy and restructuring (30) (214) (9)      
Fair value accounting of commodity derivatives and certain gas contracts (1) (14) 128      
Impact of exchange rate movements and inflationary adjustments on tax balances 62 313 (295)      
Other (523) (452) (656)      
Impact on Income for the period 2,001 (623) (1,266)      
Impact on Income for the period attributable to non-controlling interest 0 0 0      
Impact on Income for the period attributable to Shell plc shareholders 2,001 (623) (1,266)      
Marketing            
Identified items included in Income before taxation            
Divestment gains/(losses) (97) (399) 1      
Impairment (impairments)/reversals (1,630) (1,747) (509)      
Redundancy and restructuring (148) (296) (150)      
Fair value accounting of commodity derivatives and certain gas contracts (2) 49 19      
Other (203) (9) 300      
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)
Identified items included in Income for the period            
Divestment gains/(losses) (72) (386) 1      
Impairment (impairments)/reversals (1,384) (1,423) (466)      
Redundancy and restructuring (107) (214) (113)      
Fair value accounting of commodity derivatives and certain gas contracts (7) 40 26      
Impact of exchange rate movements and inflationary adjustments on tax balances 0 0 0      
Other (138) (7) 298      
Impact on Income for the period (1,708) (1,990) (254)      
Impact on Income for the period attributable to non-controlling interest 0 0 (11)      
Impact on Income for the period attributable to Shell plc shareholders (1,708) (1,990) (243)      
Chemicals and Products            
Identified items included in Income before taxation            
Divestment gains/(losses) 722 6 (46)      
Impairment (impairments)/reversals (737) (1,205) (2,690)      
Redundancy and restructuring (104) (195) (106)      
Fair value accounting of commodity derivatives and certain gas contracts (186) (117) 276      
Other (99) 147 (66)      
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)
Identified items included in Income for the period            
Divestment gains/(losses) 564 4 (35)      
Impairment (impairments)/reversals (634) (1,176) (2,195)      
Redundancy and restructuring (82) (142) (82)      
Fair value accounting of commodity derivatives and certain gas contracts (150) (86) 214      
Impact of exchange rate movements and inflationary adjustments on tax balances 0 0 0      
Other (75) 223 (37)      
Impact on Income for the period (377) (1,177) (2,135)      
Impact on Income for the period attributable to non-controlling interest 0 18 0      
Impact on Income for the period attributable to Shell plc shareholders (377) (1,195) (2,135)      
Renewables and Energy Solutions            
Identified items included in Income before taxation            
Divestment gains/(losses) 40 119 110      
Impairment (impairments)/reversals (367) (1,181) (767)      
Redundancy and restructuring (31) (97) (32)      
Fair value accounting of commodity derivatives and certain gas contracts (397) 399 3,592      
Other (50) 40 408      
Identified items before taxation (805) (720) 3,311 805 720 (3,311)
Tax on identified items [D] 144 (12) (978) (144) 12 978
Identified items included in Income for the period            
Divestment gains/(losses) 69 94 114      
Impairment (impairments)/reversals (334) (1,085) (669)      
Redundancy and restructuring (24) (71) (25)      
Fair value accounting of commodity derivatives and certain gas contracts (299) 300 2,755      
Impact of exchange rate movements and inflationary adjustments on tax balances 0 0 0      
Other (73) 30 158      
Impact on Income for the period (661) (732) 2,333      
Impact on Income for the period attributable to non-controlling interest 0 0 0      
Impact on Income for the period attributable to Shell plc shareholders (661) (732) 2,333      
Corporate            
Identified items included in Income before taxation            
Divestment gains/(losses) 13 (3) 5      
Impairment (impairments)/reversals (11) (1) 0      
Redundancy and restructuring (19) 2 (19)      
Fair value accounting of commodity derivatives and certain gas contracts 0 0 0      
Other (47) (1,103) 0      
Identified items before taxation (64) (1,105) (14) 64 1,105 14
Tax on identified items [D] (40) 81 (55) $ 40 $ (81) $ 55
Identified items included in Income for the period            
Divestment gains/(losses) 9 (2) 3      
Impairment (impairments)/reversals (8) (1) 0      
Redundancy and restructuring (13) 1 (12)      
Fair value accounting of commodity derivatives and certain gas contracts 0 0 0      
Impact of exchange rate movements and inflationary adjustments on tax balances (45) 99 (60)      
Other (47) (1,121) 0      
Impact on Income for the period (104) (1,024) (69)      
Impact on Income for the period attributable to non-controlling interest 0 0 0      
Impact on Income for the period attributable to Shell plc shareholders $ (104) (1,024) $ (69)      
Reclassification adjustments on exchange differences on translation of foreign operations, before tax   $ 1,122