v3.26.1
Financial structure and financial costs - Non-current financial debt and derivative financial instruments (Details) - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Financial structure, financial costs and financial instruments      
Non-current financial debt $ 48,995 $ 43,533 $ 40,478
Non-current financial assets (3,270) (2,305) (2,395)
NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS 45,725 41,228 38,083
VARIABLE RATE BONDS OR BONDS AFTER FAIR VALUE HEDGE      
Financial structure, financial costs and financial instruments      
NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS 9,305 9,755 7,051
FIXED RATE BONDS OR BONDS AFTER CASH FLOW HEDGE      
Financial structure, financial costs and financial instruments      
NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS 28,740 23,446 22,839
Other floating rate debt      
Financial structure, financial costs and financial instruments      
NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS 858 609 838
Other fixed rate debt      
Financial structure, financial costs and financial instruments      
NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS 972 1,074 1,081
Lease obligations      
Financial structure, financial costs and financial instruments      
NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS 8,051 7,822 7,756
Non-current financial assets excluding derivative financial instruments      
Financial structure, financial costs and financial instruments      
NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS (2,204) (1,412) (1,308)
Other financial instruments/held for trading      
Financial structure, financial costs and financial instruments      
NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS 3 (66) (174)
Hedging instruments of non-current financial debt      
Financial structure, financial costs and financial instruments      
Non-current financial debt 962 2,313 2,198
Non-current financial assets (812) (546) (673)
Secured      
Financial structure, financial costs and financial instruments      
Non-current financial debt 8,699 8,518 8,427
Non-current financial assets (1,279) (1,278) (1,166)
NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS 7,420 7,240 7,261
Secured | VARIABLE RATE BONDS OR BONDS AFTER FAIR VALUE HEDGE      
Financial structure, financial costs and financial instruments      
NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS   43  
Secured | Other floating rate debt      
Financial structure, financial costs and financial instruments      
NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS 136 305 430
Secured | Other fixed rate debt      
Financial structure, financial costs and financial instruments      
NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS 512 348 241
Secured | Lease obligations      
Financial structure, financial costs and financial instruments      
NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS 8,051 7,822 7,756
Secured | Non-current financial assets excluding derivative financial instruments      
Financial structure, financial costs and financial instruments      
NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS (1,279) (1,278) (1,166)
Unsecured      
Financial structure, financial costs and financial instruments      
Non-current financial debt 40,296 35,015 32,051
Non-current financial assets (1,991) (1,027) (1,229)
NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS 38,305 33,988 30,822
Unsecured | VARIABLE RATE BONDS OR BONDS AFTER FAIR VALUE HEDGE      
Financial structure, financial costs and financial instruments      
NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS 9,305 9,712 7,051
Unsecured | FIXED RATE BONDS OR BONDS AFTER CASH FLOW HEDGE      
Financial structure, financial costs and financial instruments      
NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS 28,740 23,446 22,839
Unsecured | Other floating rate debt      
Financial structure, financial costs and financial instruments      
NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS 722 304 408
Unsecured | Other fixed rate debt      
Financial structure, financial costs and financial instruments      
NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS 460 726 840
Unsecured | Non-current financial assets excluding derivative financial instruments      
Financial structure, financial costs and financial instruments      
NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS (925) (134) (142)
Unsecured | Other financial instruments/held for trading      
Financial structure, financial costs and financial instruments      
NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS 3 (66) (174)
Unsecured | Hedging instruments of non-current financial debt      
Financial structure, financial costs and financial instruments      
Non-current financial debt 962 2,313 2,198
Non-current financial assets $ (812) $ (546) $ (673)