v3.26.1
CONSOLIDATED STATEMENT OF CHANGES IN EQUITY - USD ($)
$ in Millions
Total
Total
Share capital
[1]
Shares held in trust
Other reserves
[2]
Retained earnings
Non-controlling interest
Beginning balance at Dec. 31, 2024 $ 180,168 $ 178,307 $ 510 $ (803) $ 19,766 $ 158,834 $ 1,861
Comprehensive income/(loss) for the period 14,767 14,540     6,159 8,381 227
Transfer from other comprehensive income 0 0     18 (18)  
Dividends (4,415) (4,302)       (4,302) (113)
Repurchases of shares (7,038) (7,038) (17)   17 (7,038)  
Share-based compensation (396) (396)   516 (486) (426)  
Other changes 5 29       29 (24)
Ending balance at Jun. 30, 2025 183,088 181,137 493 (288) 25,473 155,458 1,951
Beginning balance at Dec. 31, 2025 175,319 174,392 477 (847) 21,234 153,528 927
Comprehensive income/(loss) for the period 15,807 15,716     (800) 16,515 91
Transfer from other comprehensive income 0 0     (36) 36  
Dividends (4,302) (4,265)       (4,265) (38)
Repurchases of shares (4,931) (4,931) (12)   12 (4,931)  
Share-based compensation (175) (175)   610 (554) (231)  
Other changes 63 50       50 13
Ending balance at Jun. 30, 2026 $ 181,781 $ 180,786 $ 465 $ (236) $ 19,856 $ 160,702 $ 995
[1]     See Note 4 “Share capital”.
[2]     The amount charged to retained earnings is based on prevailing exchange rates on payment date.