​

​

Maturity and installments

As of December 31, 2025

​

​

​

Less than 1

​

Between 1

​

More than 5

(M$)

  ​ ​ ​

Total

  ​ ​ ​

year

  ​ ​ ​

and 5 years

  ​ ​ ​

years

Non-current debt obligations net of hedging instruments (Note 15)

​

38,953

​

–

​

13,097

​

25,856

Current portion of non-current debt obligations net of hedging instruments (Note 15)

2,677

2,677

–

–

Lease obligations (Note 13.2)

9,927

1,876

3,782

4,269

Asset retirement obligations (Note 12)

9,262

504

1,238

7,520

Contractual obligations recorded in the balance sheet

60,819

5,057

18,117

37,645

Lease obligations for low value assets, short term contracts or not yet commenced (Note 13.2)

3,168

861

1,743

564

Purchase obligations

198,957

13,026

50,521

135,410

Contractual obligations not recorded in the balance sheet

202,125

13,887

52,264

135,974

TOTAL OF CONTRACTUAL OBLIGATIONS

262,944

18,944

70,381

173,619

Guarantees given to customs authorities

2,146

2,056

5

85

Guarantees given on borrowings

27,653

146

18,212

9,295

Guarantees related to sales of businesses

321

168

153

–

Guarantees of current liabilities

243

223

6

14

Guarantees to customers / suppliers

29,685

8,388

6,394

14,903

Letters of credit

4,308

4,102

179

27

Other operating commitments

19,153

6,013

2,037

11,103

TOTAL OF OTHER COMMITMENTS GIVEN

83,509

21,096

26,986

35,427

Assets received as collateral (security interests)

​

43

​

12

​

16

​

15

Sales obligations

115,446

9,588

51,780

54,078

Other commitments received

33,331

26,642

3,595

3,094

TOTAL OF COMMITMENTS RECEIVED

148,820

36,242

55,391

57,187

of which commitments given relating to joint ventures

33,915

378

12,304

21,233

of which commitments given relating to associates

65,185

169

14,562

50,454

​

​

Maturity and installments

As of December 31, 2024

​

​

​

Less than 1

​

Between 1

​

More than 5

(M$)

  ​ ​ ​

Total

  ​ ​ ​

year

  ​ ​ ​

and 5 years

  ​ ​ ​

years

Non-current debt obligations net of hedging instruments (Note 15)

​

34,684

​

–

​

13,950

​

20,734

Current portion of non-current debt obligations net of hedging instruments (Note 15)

3,863

3,863

–

–

Lease obligations (Note 13.2)

9,917

2,095

3,893

3,929

Asset retirement obligations (Note 12)

11,359

524

1,588

9,247

Contractual obligations recorded in the balance sheet

59,823

6,482

19,431

33,910

Lease obligations for low value assets, short term contracts or not yet commenced (Note 13.2)

3,429

772

1,746

911

Purchase obligations

188,827

12,307

47,855

128,665

Contractual obligations not recorded in the balance sheet

192,256

13,079

49,601

129,576

TOTAL OF CONTRACTUAL OBLIGATIONS

252,079

19,561

69,032

163,486

Guarantees given to customs authorities

1,908

1,839

9

60

Guarantees given on borrowings

22,317

419

12,887

9,011

Guarantees related to sales of businesses

306

154

152

-

Guarantees of current liabilities

167

167

–

-

Guarantees to customers / suppliers

27,510

11,618

1,599

14,293

Letters of credit

3,974

3,767

189

18

Other operating commitments

19,093

6,198

818

12,077

TOTAL OF OTHER COMMITMENTS GIVEN

75,275

24,162

15,654

35,459

Assets received as collateral (security interests)

40

17

​

12

​

11

Sales obligations

116,850

10,743

55,870

50,237

Other commitments received

25,736

19,822

2,838

3,076

TOTAL OF COMMITMENTS RECEIVED

142,626

30,582

58,720

53,324

of which commitments given relating to joint ventures

35,755

87

12,267

23,401

of which commitments given relating to associates

​

90,221

674

21,074

68,473

​

​

Maturity and installments

As of December 31, 2023

​

​

​

Less than 1

​

Between 1

​

More than 5

(M$)

  ​ ​ ​

Total

  ​ ​ ​

year

  ​ ​ ​

and 5 years

  ​ ​ ​

years

Non-current debt obligations net of hedging instruments (Note 15)

31,493

​

–

​

13,068

​

18,425

Current portion of non-current debt obligations net of hedging instruments (Note 15)

5,669

5,669

–

–

Lease obligations (Note 13.2)

9,477

1,721

3,652

4,104

Asset retirement obligations (Note 12)

11,585

453

1,452

9,680

Contractual obligations recorded in the balance sheet

58,224

7,843

18,172

32,209

Lease obligations for low value assets, short term contracts or not yet commenced (Note 13.2)

2,221

643

1,049

529

Purchase obligations

178,772

14,536

40,850

123,386

Contractual obligations not recorded in the balance sheet

180,993

15,179

41,899

123,915

TOTAL OF CONTRACTUAL OBLIGATIONS

239,217

23,022

60,071

156,124

Guarantees given to customs authorities

2,001

1,913

47

41

Guarantees given on borrowings

19,219

582

9,506

9,131

Guarantees related to sales of businesses

312

160

–

152

Guarantees of current liabilities

67

67

–

–

Guarantees to customers / suppliers

23,382

6,768

3,946

12,668

Letters of credit

3,294

3,002

270

22

Other operating commitments

20,409

8,698

1,083

10,628

TOTAL OF OTHER COMMITMENTS GIVEN

68,684

21,190

14,852

32,642

Assets received as collateral (security interests)

42

22

8

12

Sales obligations

97,436

8,470

47,178

41,788

Other commitments received

25,365

18,025

3,355

3,985

TOTAL OF COMMITMENTS RECEIVED

122,843

26,517

50,541

45,785

of which commitments given relating to joint ventures

32,846

906

10,643

21,297

of which commitments given relating to associates

​

97,130

850

14,676

81,604