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Finance debt (Tables)
 12 Months Ended
Dec. 31, 2020
Finance debt [abstract]  
Disclosure of detailed information about borrowings [table text block]
Non-current finance debt
Finance debt measured at amortised cost
Weighted average interest rates in %1)Carrying amount in USD millions at 31 DecemberFair value in USD millions at 31 December2)
202020192020201920202019
Unsecured bonds
United States Dollar (USD)3.824.1418,71013,30821,88314,907
Euro (EUR)2.032.2510,0578,20111,1158,992
Great Britain Pound (GBP)6.086.081,8771,8152,9492,765
Norwegian Kroner (NOK)4.184.18352342412389
Total unsecured bonds30,99423,66636,35927,053
Unsecured loans
Japanese Yen (JPY)4.304.309792119123
Total unsecured loans9792119123
Total finance debt31,09123,75836,47927,175
Less current portion1,9742,0042,0622,036
Non-current finance debt29,11821,75434,41725,139

1)Weighted average interest rates are calculated based on the contractual rates on the loans per currency at 31 December and do not include the effect of swap agreements.

2)Fair values are determined from external calculation models based on market observations from various sources, classified at level 2 in the fair value hierarchy. For more information regarding fair value hierarchy, see note 25 Financial Instruments: fair value measurement and sensitivity of market risk.
Disclosure Of Bonds Issued [text block]
In 2019 and 2020 Equinor issued the following bonds
Issuance dateCurrencyAmount in millionInterest rate in %Maturity date
18 May 2020USD7501.750January 2026
18 May 2020EUR7500.750May 2026
18 May 2020USD7502.375May 2030
18 May 2020EUR1,0001.375May 2032
1 April 2020USD1,2502.875April 2025
1 April 2020USD5003.000April 2027
1 April 2020USD1,5003.125April 2030
1 April 2020USD5003.625April 2040
1 April 2020USD1,2503.700April 2050
13 November 2019USD1,0003.250November 2049
Disclosure of Non-current finance debt maturity profile [text block]
Non-current finance debt maturity profile
At 31 December
(in USD million)20202019
Year 2 and 33,7052,846
Year 4 and 54,9275,004
After 5 years20,48513,904
Total repayment of non-current finance debt29,11821,754
Weighted average maturity (years - including current portion)109
Weighted average annual interest rate (% - including current portion)3.383.64
Disclosure of Current finance debt [text block]
Current finance debt
At 31 December
(in USD million)20202019
Collateral liabilities1,704585
Non-current finance debt due within one year1)1,9742,004
Other including US Commercial paper program and bank overdraft913350
Total current finance debt1)4,5912,939
Weighted average interest rate (%)1)2.402.18

1) 2019 reclassified because the line item Lease liabilities is separated from Finance debt in the Consolidated balance sheet.
Reconciliation of liabilities arising from financing activities [text block]
Reconciliation of cash flows from financing activities to finance line items in balance sheet
(in USD million)Non-current finance debtCurrent finance debtFinancial receivable Collaterals 1)Additional paid in capital /Treasury sharesNon-controlling interestDividend payableTotal excluding Lease liabilitiesLease liabilitiesTotal
At 1 January 202021,7542,939(634)(708)2085924,2304,33928,569
Transfer to current portion(1,974)1,97400
Effect of exchange rate changes1,0490000151,0641,064
Dividend declared1,8331,8331,833
Cash flows provided by/(used in) financing activities8,347(346)(329)(1,059)(16)(2,330)4,268(1,277)2,991
Other changes(58)24(4)17915(20)1361,3441,480
At 31 December 202029,1184,591(967)(1,588)1935731,5314,40635,937
(in USD million)Non-current finance debt 2)Current finance debt 2)Financial receivable Collaterals 1)Additional paid in capital /Treasury sharesNon-controlling interestDividend payableTotal excluding Lease liabilitiesLease liabilitiesTotal
At 1 January 201922,8892,406(591)(196)1976625,29343225,725
Transfer to current portion(1,322)1,32200
Effect of exchange rate changes(108)00007(101)(101)
Dividend declared3,4533,4533,453
Cash flows provided by/(used in) financing activities984(1,487)(32)(514)(7)(3,342)(4,398)(1,098)(5,496)
Other changes(689)698(11)28(25)(17)5,0054,988
At 31 December 201921,7542,939(634)(708)2085924,2304,33928,569
1) Financial receivable collaterals are included in Trade and other receivables in the Consolidated balance sheet. See note 15 Trade and other receivables for more information.
2) Non-current finance debt and Current finance debt reclassified as Lease liabilities is separated from Finance debt in the Consolidated balance sheet.