v3.26.1
Income taxes - Reconciliation (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Reconciliation between provision for income taxes and pre-tax income      
Consolidated net income $ 13,357 $ 16,031 $ 21,510
Income taxes 9,092 10,775 13,301
Pre-tax income $ 22,449 $ 26,806 $ 34,811
French statutory tax rate (as a percent) 25.83% 25.83% 25.83%
Theoretical tax charge $ (5,799) $ (6,924) $ (8,992)
Difference between French and foreign income tax rates (5,143) (5,554) (5,925)
Tax effect of equity affiliates' income (loss) 660 408 477
Permanent differences 1,271 890 800
Adjustments on prior years income taxes 221 109 54
Adjustments on deferred tax related to changes in tax rates (91) (35) 216
Variation of deferred tax assets not recognized (211) 331 69
TOTAL INCOME TAXES $ (9,092) $ (10,775) $ (13,301)
Standard corporate tax rate (as a percent) 25.00% 25.00% 25.00%