v3.26.1
Condensed group statement of changes in equity
$ in Millions, € in Billions
USD ($)
Equity attributable to owners of parent [member]
USD ($)
Non-controlling interests, hybrid bonds
USD ($)
Non-controlling interests, hybrid bonds
EUR (€)
Non-controlling interests, other interest
USD ($)
Equity at beginning of period at Dec. 31, 2024 $ 78,318 $ 59,246 $ 16,649   $ 2,423
Comprehensive income 5,171 4,439 402   330
Dividends recognised as distributions to owners (2,734) (2,515)     (219)
Cash flow hedges transferred to the balance sheet, net of tax (4) (4)      
Increase (Decrease) In Number Of Shares Outstanding Through Share Repurchase, Equity Amount (2,511) (2,511)      
Increase (decrease) through share-based payment transactions, equity 594 594      
Increase (decrease) through other changes, equity 500 0 500    
Payments on increase (decrease) though other changes, equity (520) (9) (511)    
Increase (decrease) through changes in ownership interests in subsidiaries that do not result in loss of control, equity 966 0     966
Equity at end of period at Jun. 30, 2025 79,780 59,240 17,040   3,500
Equity at beginning of period at Dec. 31, 2025 74,000 53,052 15,955   4,993
Comprehensive income 8,360 7,616 371   373
Dividends recognised as distributions to owners (2,951) (2,574)     (377)
Cash flow hedges transferred to the balance sheet, net of tax (1) (1)     0
Increase (Decrease) In Number Of Shares Outstanding Through Share Repurchase, Equity Amount (114) (114)      
Increase (decrease) through share-based payment transactions, equity 498 498      
Redemption of other changes, equity, net of tax (2,881) (65) (2,816) [1] € 2.5  
Payments on increase (decrease) though other changes, equity (495) 0 (495)    
Increase (decrease) through changes in ownership interests in subsidiaries that do not result in loss of control, equity 4 16     (12)
Equity at end of period at Jun. 30, 2026 $ 76,420 $ 58,428 $ 13,015   $ 4,977
[1] In the second quarter 2026, BP Capital Markets p.l.c. exercised its option to redeem €2.5 billion of hybrid bonds.