v3.26.1
Financial structure and financial costs - Impact on statement of income, Impact of hedging strategies (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Financial structure, financial costs and financial instruments      
Cost of net debt $ (2,067) $ (1,230) $ (1,019)
Financial instruments, excluding commodity contracts      
Financial structure, financial costs and financial instruments      
Loans and receivables 770 1,335 1,420
Financing liabilities and associated hedging instruments (2,424) (2,321) (2,190)
Fair value hedge (ineffective portion) 13 1 2
Lease assets and obligations (628) (552) (499)
Assets and liabilities held for trading 202 307 248
Cost of net debt (2,067) (1,230) (1,019)
Impact of the hedging strategies      
INEFFECTIVE PORTION OF HEDGE 13 1 2
Cash flow hedge      
Profit (Loss) recorded in other comprehensive income of the period (330) 448 128
Recycled amount from other comprehensive income to the income statement of the period 158 (260) 140
Financial instruments, excluding commodity contracts | Fair value hedge      
Financial structure, financial costs and financial instruments      
Fair value hedge (ineffective portion) 13 1 2
Impact of the hedging strategies      
Revaluation impact at market value of bonds (1,372) (568) (765)
Swap hedging of bonds 1,385 569 767
INEFFECTIVE PORTION OF HEDGE 13 1 2
Financial instruments, excluding commodity contracts | Cash flow hedge      
Financial structure, financial costs and financial instruments      
Fair value hedge (ineffective portion) 0 0 0
Impact of the hedging strategies      
INEFFECTIVE PORTION OF HEDGE $ 0 $ 0 $ 0