v3.26.1
Financial assets and liabilities analysis per instrument class and strategy (Details) - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Financial assets and liabilities analysis per instrument class and strategy      
Total financial assets $ 77,261 $ 83,240 $ 84,725
Total non-financial assets 213,794 202,247 198,929
TOTAL ASSETS 291,055 285,487 283,654
Fair value, financial assets 77,261 83,240 84,725
Total financial liabilities (121,260) (114,395) (111,786)
Total non-financial liabilities (169,795) (171,092) (171,868)
TOTAL LIABILITIES (291,055) (285,487) (283,654)
Fair value, financial liabilities (121,706) (114,755) (112,648)
Non-current financial debt      
Financial assets and liabilities analysis per instrument class and strategy      
Total financial liabilities (48,995) (43,533) (40,478)
Fair value, financial liabilities (49,447) (43,905) (41,329)
Accounts payable      
Financial assets and liabilities analysis per instrument class and strategy      
Total financial liabilities (38,065) (39,932) (41,335)
Fair value, financial liabilities (38,065) (39,932) (41,335)
Impact of offsetting on accounts payable 6,930 5,718 5,897
Other operating liabilities      
Financial assets and liabilities analysis per instrument class and strategy      
Total financial liabilities (21,774) (20,242) (19,937)
Fair value, financial liabilities (21,774) (20,242) (19,937)
Current borrowings      
Financial assets and liabilities analysis per instrument class and strategy      
Total financial liabilities (12,038) (10,024) (9,590)
Fair value, financial liabilities (12,032) (10,012) (9,601)
Other current financial liabilities      
Financial assets and liabilities analysis per instrument class and strategy      
Total financial liabilities (388) (664) (446)
Fair value, financial liabilities (388) (664) (446)
Loans to equity affiliates      
Financial assets and liabilities analysis per instrument class and strategy      
Total financial assets 7,425 6,533 4,562
Fair value, financial assets 7,425 6,533 4,562
Other investments      
Financial assets and liabilities analysis per instrument class and strategy      
Total financial assets 1,914 1,665 1,543
Fair value, financial assets 1,914 1,665 1,543
Non-current financial assets      
Financial assets and liabilities analysis per instrument class and strategy      
Total financial assets 3,270 2,305 2,395
Fair value, financial assets 3,270 2,305 2,395
Other non-current assets      
Financial assets and liabilities analysis per instrument class and strategy      
Total financial assets 2,627 3,852 3,983
Fair value, financial assets 2,627 3,852 3,983
Accounts receivable      
Financial assets and liabilities analysis per instrument class and strategy      
Total financial assets 18,559 19,281 23,442
Fair value, financial assets 18,559 19,281 23,442
Impact of offsetting on accounts receivable 6,930 5,718 5,897
Other operating receivables      
Financial assets and liabilities analysis per instrument class and strategy      
Total financial assets 13,932 16,846 14,952
Fair value, financial assets 13,932 16,846 14,952
Current financial assets      
Financial assets and liabilities analysis per instrument class and strategy      
Total financial assets 3,332 6,914 6,585
Fair value, financial assets 3,332 6,914 6,585
Cash and cash equivalents      
Financial assets and liabilities analysis per instrument class and strategy      
Total financial assets 26,202 25,844 27,263
Fair value, financial assets 26,202 25,844 27,263
Amortised cost      
Financial assets and liabilities analysis per instrument class and strategy      
Total financial liabilities (115,257) (103,457) (101,252)
Amortised cost | Non-current financial debt      
Financial assets and liabilities analysis per instrument class and strategy      
Total financial liabilities (47,775) (40,939) (38,040)
Amortised cost | Accounts payable      
Financial assets and liabilities analysis per instrument class and strategy      
Total financial liabilities (38,065) (39,932) (41,335)
Amortised cost | Other operating liabilities      
Financial assets and liabilities analysis per instrument class and strategy      
Total financial liabilities (17,379) (12,562) (12,287)
Amortised cost | Current borrowings      
Financial assets and liabilities analysis per instrument class and strategy      
Total financial liabilities (12,038) (10,024) (9,590)
Fair value through P&L - liabilities      
Financial assets and liabilities analysis per instrument class and strategy      
Total financial liabilities (4,785) (8,185) (7,991)
Fair value through P&L - liabilities | Non-current financial debt      
Financial assets and liabilities analysis per instrument class and strategy      
Total financial liabilities (258) (281) (240)
Fair value through P&L - liabilities | Other operating liabilities      
Financial assets and liabilities analysis per instrument class and strategy      
Total financial liabilities (4,357) (7,665) (7,573)
Fair value through P&L - liabilities | Other current financial liabilities      
Financial assets and liabilities analysis per instrument class and strategy      
Total financial liabilities (170) (239) (178)
Other comprehensive income - liabilities      
Financial assets and liabilities analysis per instrument class and strategy      
Total financial liabilities (38) (15) (77)
Other comprehensive income - liabilities | Other operating liabilities      
Financial assets and liabilities analysis per instrument class and strategy      
Total financial liabilities (38) (15) (77)
Fair value of bonds hedging instruments      
Financial assets and liabilities analysis per instrument class and strategy      
Total financial liabilities (1,180) (2,738) (2,466)
Fair value of bonds hedging instruments | Non-current financial debt      
Financial assets and liabilities analysis per instrument class and strategy      
Total financial liabilities (962) (2,313) (2,198)
Fair value of bonds hedging instruments | Other current financial liabilities      
Financial assets and liabilities analysis per instrument class and strategy      
Total financial liabilities (218) (425) (268)
Amortized cost      
Financial assets and liabilities analysis per instrument class and strategy      
Total financial assets 65,519 69,475 73,100
Amortized cost | Loans to equity affiliates      
Financial assets and liabilities analysis per instrument class and strategy      
Total financial assets 6,255 6,240 4,260
Amortized cost | Non-current financial assets      
Financial assets and liabilities analysis per instrument class and strategy      
Total financial assets 1,279 1,278 1,166
Amortized cost | Other non-current assets      
Financial assets and liabilities analysis per instrument class and strategy      
Total financial assets 2,627 3,852 3,983
Amortized cost | Accounts receivable      
Financial assets and liabilities analysis per instrument class and strategy      
Total financial assets 18,559 19,281 23,442
Amortized cost | Other operating receivables      
Financial assets and liabilities analysis per instrument class and strategy      
Total financial assets 8,222 7,774 7,940
Amortized cost | Current financial assets      
Financial assets and liabilities analysis per instrument class and strategy      
Total financial assets 2,375 5,206 5,046
Amortized cost | Cash and cash equivalents      
Financial assets and liabilities analysis per instrument class and strategy      
Total financial assets 26,202 25,844 27,263
Fair value through P&L - assets      
Financial assets and liabilities analysis per instrument class and strategy      
Total financial assets 10,012 12,507 10,127
Fair value through P&L - assets | Loans to equity affiliates      
Financial assets and liabilities analysis per instrument class and strategy      
Total financial assets 1,170 293 302
Fair value through P&L - assets | Other investments      
Financial assets and liabilities analysis per instrument class and strategy      
Total financial assets 1,320 1,154 1,188
Fair value through P&L - assets | Non-current financial assets      
Financial assets and liabilities analysis per instrument class and strategy      
Total financial assets 1,008 348 414
Fair value through P&L - assets | Other operating receivables      
Financial assets and liabilities analysis per instrument class and strategy      
Total financial assets 5,638 9,033 6,775
Fair value through P&L - assets | Current financial assets      
Financial assets and liabilities analysis per instrument class and strategy      
Total financial assets 876 1,679 1,448
Other comprehensive income      
Financial assets and liabilities analysis per instrument class and strategy      
Total financial assets 837 683 734
Other comprehensive income | Other investments      
Financial assets and liabilities analysis per instrument class and strategy      
Total financial assets 594 511 355
Other comprehensive income | Non-current financial assets      
Financial assets and liabilities analysis per instrument class and strategy      
Total financial assets 171 133 142
Other comprehensive income | Other operating receivables      
Financial assets and liabilities analysis per instrument class and strategy      
Total financial assets 72 39 237
Fair value of bonds hedging instruments      
Financial assets and liabilities analysis per instrument class and strategy      
Total financial assets 893 575 764
Fair value of bonds hedging instruments | Non-current financial assets      
Financial assets and liabilities analysis per instrument class and strategy      
Total financial assets 812 546 673
Fair value of bonds hedging instruments | Current financial assets      
Financial assets and liabilities analysis per instrument class and strategy      
Total financial assets $ 81 $ 29 $ 91