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Capital structure and financing - C.6. Net finnacial obligations, table 2 (Details) - USD ($) $ in Millions | 12 Months Ended
--- | ---
Dec. 31, 2025 | Dec. 31, 2024
Liabilities from financing and other activities |  |
Interest accretion, liabilities arising form financing activities | $ 11 | $ (6)
Other non-cash movements, liabilities arising form financing activities | (5) | 1
Changes In Net Debt [Abstract] |  |
Net debt, beginning balance | 6,128 | 6,999
Cash flows, net debt | (355) | (867)
Change in scope, net debt | 461 |
Additions/acquisitions, net debt | 1,363 | 269
Foreign exchange movements, net debt | 251 | (166)
Transfers (to)/from assets held for sale, net debt | 90 | (102)
Net debt, ending balance | 7,944 | 6,128
Bond and bank debt and financing |  |
Liabilities from financing and other activities |  |
Liabilities arising from financing activities, beginning of period | 5,815 | 6,678
Cash flows, liabilities arising form financing activities | 599 | (745)
Change in scope, liabilities arising form financing activities | 285 |
Acquisition of subsidiaries, joint ventures and associates, net of cash acquired | 0 | 0
Interest accretion, liabilities arising form financing activities | 11 | (6)
Foreign exchange movements, liabilities arising form financing activities | 180 | (109)
Transfers (to)/from assets held for sale, liabilities arising form financing activities | 0 | 0
Other non-cash movements, liabilities arising form financing activities | (5) | (4)
Liabilities arising from financing activities, end of period | 6,886 | 5,815
Derivatives |  |
Liabilities from financing and other activities |  |
Liabilities arising from financing activities, beginning of period | 59 | 58
Cash flows, liabilities arising form financing activities | (3) | 9
Change in scope, liabilities arising form financing activities | 0 |
Acquisition of subsidiaries, joint ventures and associates, net of cash acquired | 0 | 0
Interest accretion, liabilities arising form financing activities | 0 | 0
Foreign exchange movements, liabilities arising form financing activities | (33) | (13)
Transfers (to)/from assets held for sale, liabilities arising form financing activities | 0 | 0
Other non-cash movements, liabilities arising form financing activities | 0 | 5
Liabilities arising from financing activities, end of period | 23 | 59
Lease liabilities |  |
Liabilities from financing and other activities |  |
Liabilities arising from financing activities, beginning of period | 954 | 1,043
Cash flows, liabilities arising form financing activities | (214) | (204)
Change in scope, liabilities arising form financing activities | 313 |
Acquisition of subsidiaries, joint ventures and associates, net of cash acquired | 1,363 | 269
Interest accretion, liabilities arising form financing activities | 0 | 0
Foreign exchange movements, liabilities arising form financing activities | 90 | (51)
Transfers (to)/from assets held for sale, liabilities arising form financing activities | 82 | (102)
Other non-cash movements, liabilities arising form financing activities | 0 | 0
Liabilities arising from financing activities, end of period | 2,587 | 954
Cash and cash equivalents |  |
Assets |  |
Assets, beginning of period | 699 | 775
Cash flows, assets | 738 | (68)
Change in scope, assets | 136 |
Additions/acquisitions, assets | 0 | 0
Foreign exchange movements, assets | (14) | (8)
Transfers (to)/from assets held for sale. assets | (8) | 0
Assets, end of period | 1,552 | 699
Other |  |
Assets |  |
Assets, beginning of period | 0 | 6
Cash flows, assets | 0 | (5)
Change in scope, assets | 0 |
Additions/acquisitions, assets | 0 | 0
Foreign exchange movements, assets | 0 | 0
Transfers (to)/from assets held for sale. assets | 0 | 0
Assets, end of period | $ 0 | $ 0

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