v3.26.1
Details to the consolidated statements of cash flows
 6 Months Ended
Jun. 30, 2026
Disclosure of details to the consolidated statements of cash flows [abstract]  
Details to the consolidated statements of cash flows
6. Details to the consolidated statements of cash flows
6.1. Non-cash items and other adjustments
The following tables show the reversal of non-cash items and other adjustments in the consolidated statements of cash flows.
(USD millions)
Q2 2026
Q2 2025
Depreciation, amortization and impairments on:
   Property, plant and equipment
261
245
   Right-of-use assets
78
68
   Intangible assets
1 061
943
   Financial assets 1
6
-4
Change in provisions and other non-current liabilities
466
665
Gains on disposal on property, plant and equipment; intangible assets; other non-current assets; and other adjustments on financial assets and other non-current assets, net
-247
-67
Equity-settled compensation plans
267
267
Loss from associated companies
2
3
Income taxes
1 012
507
Net financial expense
479
330
Other
-8
-3
Total
3 377
2 954
 1  Includes fair value changes
(USD millions)
H1 2026
H1 2025
Depreciation, amortization and impairments on:
   Property, plant and equipment
559
462
   Right-of-use assets
151
133
   Intangible assets
1 918
1 815
   Financial assets 1
-14
37
Change in provisions and other non-current liabilities
536
847
Gains on disposal on property, plant and equipment; intangible assets; other non-current assets; and other adjustments on financial assets and other non-current assets, net
-406
-45
Equity-settled compensation plans
570
529
Loss from associated companies
5
6
Income taxes
1 695
1 305
Net financial expense
872
583
Other
-18
-6
Total
5 868
5 666
 1  Includes fair value changes
6.2. Cash flows from changes in working capital and other operating cash flow items included in the net cash flows from operating activities
(USD millions)
Q2 2026
Q2 2025
H1 2026
H1 2025
(Increase)/decrease in inventories
30
-44
-65
11
Increase in trade receivables
-256
-167
-760
-1 210
Decrease in trade payables
-184
-143
-237
-315
Change in other current and non-current assets
22
172
368
-252
Change in provisions and other current liabilities
620
624
139
440
Total
232
442
-555
-1 326
6.3. Cash flows related to acquisitions of businesses
The following table is a summary of the cash flow impact of acquisitions of businesses:
(USD millions)
Note
Q2 2026
Q2 2025
H1 2026
H1 2025
Total purchase consideration for business combinations
3
0
0
-12 031
0
Acquired cash
371
Contingent consideration payables, net
-23
-127
-44
-127
Acquisitions of businesses
-23
-127
-11 704
-127
Note 3 provides disclosure of the fair value of assets and liabilities acquired through business combinations. All considerations paid for acquisitions were in cash.
6.4. Cash flows used for acquisitions by applying the optional concentration test
In the current-year period, the total cash consideration paid for acquisitions where the Company elected to apply the optional concentration test to determine that the transaction is not a business combination within the meaning of IFRS Accounting Standards, and to account for the acquisition as assets separately acquired amounted to USD 2.7 billion, net of cash acquired of USD 5 million (Q2 2026: USD 2.7 billion, net of cash acquired of USD 5 million; Q2 2025 and H1 2025: USD 1.5 billion, net of cash and cash equivalents acquired of USD 70 million).
Note 3 provides disclosure of the identifiable net assets acquired through acquisitions where the Company elected to apply the optional concentration test. All consideration paid for acquisitions were in cash.
6.5. Cash flows related to divestments of businesses
Cash flows related to divestments of businesses were not material. All considerations received or paid related to divestments were in cash.