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Property, plant and equipment (Tables) | 12 Months Ended
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Dec. 31, 2020
Property, plant and equipment [abstract] |
Property, plant and equipment [text block] |
(in USD million) | Machinery, equipment and transportation equipment | Production plants and oil and gas assets | Refining and manufacturing plants | Buildings and land | Assets under development | Right of use assets4) | Total
Cost at 31 December 2019 | 2,818 | 179,063 | 8,920 | 909 | 10,371 | 5,339 | 207,422
Additions and transfers | 68 | 6,849 | 110 | 27 | 2,417 | 968 | 10,438
Disposals at cost | (28) | (243) | (7) | (0) | (5) | (13) | (295)
Assets reclassified to held for sale | (66) | (9,095) | 0 | (15) | (159) | 0 | (9,335)
Foreign currency translation effects | 13 | 3,781 | 214 | 7 | 429 | 75 | 4,520
Cost at 31 December 2020 | 2,806 | 180,355 | 9,238 | 929 | 13,053 | 6,370 | 212,751
Accumulated depreciation and impairment losses at 31 December 2019 | (2,395) | (125,327) | (7,051) | (475) | (892) | (1,329) | (137,469)
Depreciation | (102) | (8,240) | (248) | (23) | 0 | (874) | (9,488)
Impairment losses | (201) | (4,667) | (516) | (36) | (445) | (25) | (5,889)
Reversal of impairment losses | 0 | 218 | 0 | 0 | 0 | 0 | 218
Transfers | 18 | (68) | (1) | (0) | 41 | 0 | (10)
Accumulated depreciation and impairment on disposed assets | 27 | 231 | 7 | 0 | 1 | 11 | 278
Accumulated depreciation and impairment assets classified as held for sale | 65 | 8,373 | 0 | 12 | 75 | 0 | 8,525
Foreign currency translation effects | (9) | (2,947) | (196) | (3) | (56) | (35) | (3,244)
Accumulated depreciation and impairment losses at 31 December 2020 | (2,596) | (132,427) | (8,005) | (524) | (1,275) | (2,251) | (147,079)
Carrying amount at 31 December 2020 | 209 | 47,928 | 1,232 | 405 | 11,778 | 4,119 | 65,672
Estimated useful lives (years) | 3 - 20 | UoP1) | 15 - 20 | 20 - 332) |  | 1 - 193) |
(in USD million) | Machinery, equipment and transportation equipment | Production plants and oil and gas assets | Refining and manufacturing plants | Buildings and land | Assets under development | Right of use assets4) | Total
Cost at 31 December 2018 | 3,596 | 166,766 | 8,660 | 932 | 14,961 | 0 | 194,916
Implementation of IFRS 16 Leases | (813) | (184) | 0 | 0 | 0 | 4,989 | 3,992
Cost at 1 January 2019 | 2,783 | 166,582 | 8,660 | 932 | 14,961 | 4,989 | 198,908
Additions through business combinations | 1 | 1,706 | 5 | 0 | 381 | 0 | 2,093
Additions and transfers | 44 | 16,023 | 300 | (16) | (4,448) | 426 | 12,330
Disposals at cost | (7) | (4,911) | (0) | (7) | (59) | (35) | (5,020)
Effect of changes in foreign exchange | (2) | (337) | (44) | (0) | (464) | (41) | (888)
Cost at 31 December 2019 | 2,818 | 179,063 | 8,920 | 909 | 10,371 | 5,339 | 207,422
Accumulated depreciation and impairment losses at 31 December 2018 | (2,802) | (119,589) | (6,613) | (465) | (185) | 0 | (129,654)
Implementation of IFRS 16 Leases | 511 | 106 | 0 | 0 | 0 | (617) | 0
Accumulated depreciation and impairment losses at 1 January 2019 | (2,291) | (119,483) | (6,613) | (465) | (185) | (617) | (129,654)
Depreciation | (120) | (8,555) | (298) | (25) | 0 | (752) | (9,750)
Impairment losses | (6) | (2,430) | (178) | (3) | (707) | (26) | (3,350)
Reversal of impairment losses | 0 | 120 | 0 | 0 | 0 | 0 | 120
Transfers | 13 | (134) | (0) | 13 | 26 | 42 | (40)
Accumulated depreciation and impairment on disposed assets | 7 | 4,540 | 0 | 5 | 0 | 24 | 4,576
Effect of changes in foreign exchange | 1 | 616 | 38 | (0) | (26) | (1) | 628
Accumulated depreciation and impairment losses at 31 December 2019 | (2,395) | (125,327) | (7,051) | (475) | (892) | (1,329) | (137,469)
Carrying amount at 31 December 2019 | 423 | 53,736 | 1,870 | 434 | 9,479 | 4,011 | 69,953
Estimated useful lives (years) | 3 - 20 | UoP1) | 15 - 20 | 20 - 332) |  | 1 - 193) |
1)Depreciation according to unit of production method (UoP), see note 2 Significant accounting policies. 2)Land is not depreciated. 3)Depreciation linearly over contract period. 4)See note 22 Leases.
Impairments [text block] |
Full year | Property, plant and equipment | Intangible assets3) | Total
(in USD million) | 2020 | 2019 | 2018 | 2020 | 2019 | 2018 | 2020 | 2019 | 2018
Producing and development assets1) | 5,671 | 3,230 | (604) | 680 | 608 | 237 | 6,351 | 3,838 | (367)
Goodwill1) |  |  |  | 42 | 164 | 0 | 42 | 164 | 0
Other intangible assets1) |  |  |  | 8 | 41 | 0 | 8 | 41 | 0
Acquisition costs related to oil and gas prospects2) |  |  |  | 657 | 49 | 52 | 657 | 49 | 52
Total net impairment loss/(reversal) recognised | 5,671 | 3,230 | (604) | 1,386 | 863 | 289 | 7,057 | 4,093 | (315)
1)Producing and development assets, r efining and manufacturing plants, goodwill and other intangible assets are subject to impairment assessment under IAS 36. The total net impairment losses recognised under IAS 36 in 20 20 amount to USD 6,401 million, compared to 201 9 when the net impairment amounted to USD 4,043 million, including impairment of acquisition cost s - oil and gas prospects (intangible assets). 2)Acquisition costs related to exploration activities, subject to impairment assessment under the successful efforts method (IFRS 6). 3)See note 11 Intangible assets.
Impairment of the carrying amount of impaired asset [text block] |
|  | At 31 December 2020 | At 31 December 2019 |
(in USD million) | Valuation method | Carrying amount after impairment | Net impairment loss/ (reversal) | Carrying amount after impairment | Net impairment loss/ (reversal) |
Exploration & Production Norway | VIU | 7,042 | 1,219 | 4,406 | 1,119 |
Exploration & Production USA - onshore1) | VIU | 4,676 | (19) | 7,509 | 1,631 |
| FVLCOD | 1,122 | 2,331 | 0 | 610 |
Exploration & Production USA - offshore Gulf of Mexico2) | VIU | 2,808 | 305 | 1,079 | 292 |
North America - offshore other areas3) | VIU | 53 | 146 | 0 | 0 |
Europe and Asia | VIU | 3,687 | 1,280 | 645 | (18) |
Marketing, Midstream & Processing | VIU | 1,297 | 824 | 65 | 178 |
| FVLCOD | 668 | 228 | 0 | 0 |
Right of use assets/Other | VIU | 265 | 36 | 0 | 26 |
Total |  | 21,619 | 6,351 | 13,704 | 3,838 |
1) Formerly named as North America - unconventional |
2) Formerly named as North America - conventional offshore US Gulf of Mexico |
3) Formerly named as North America - conventional other areas |

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