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Property, plant and equipment (Tables)
12 Months Ended
Dec. 31, 2021
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
assets
4)
Total
Cost at 31 December 2020 as reported
2,806
180,355
9,238
929
13,053
6,370
212,751
Impact of policy change
5)
-
2,726
-
-
110
-
2,836
Cost at 31 December 2020 as restated
2,806
183,082
9,238
929
13,163
6,370
215,587
Additions through business combinations
0
2
0
0
1
0
4
Additions and transfers
39
7,311
95
27
(396)
148
7,225
Disposals at cost
(1,496)
(1,975)
(70)
(353)
(25)
(501)
(4,420)
Assets reclassified to held for sale
0
(1,010)
(563)
0
0
(91)
(1,664)
Foreign currency translation effects
(13)
(4,052)
(220)
(6)
(130)
(77)
(4,497)
Cost at 31 December 2021
1,335
183,358
8,481
596
12,614
5,850
212,234
Accumulated depreciation and impairment
losses at 31 December 2020
(2,596)
(132,427)
(8,005)
(524)
(1,275)
(2,251)
(147,079)
Depreciation
(68)
(9,136)
(232)
(42)
0
(930)
(10,408)
Impairment losses
(42)
(2,092)
(401)
(21)
(390)
(17)
(2,962)
Reversal of impairment losses
0
1,675
0
0
0
2
1,677
Transfers
61
(1,319)
0
(61)
1,319
(11)
(11)
Accumulated depreciation and impairment
on disposed assets
1,448
1,785
59
326
21
480
4,118
Accumulated depreciation and impairment
assets classified as held for sale
0
825
461
0
0
82
1,367
Foreign currency translation effects
9
2,926
192
2
(18)
27
3,138
Accumulated depreciation and impairment
losses at 31 December 2021
(1,188)
(137,763)
(7,926)
(320)
(344)
(2,619)
(150,159)
Carrying amount at 31 December 2021
147
45,595
555
276
12,270
3,231
62,075
Estimated useful lives (years)
 
3 - 20
UoP
1)
 
15 - 20
 
10 - 33
2)
 
1 - 20
3)
(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
assets
4)
Total
Cost at 31 December 2019 as reported
2,818
179,063
8,920
909
10,371
5,339
207,422
Impact of policy change
5)
-
1,762
-
-
37
-
1,799
Cost at 31 December 2019 as restated
2,818
180,825
8,920
909
10,408
5,339
209,221
Additions and transfers
68
7,782
110
27
2,478
968
11,433
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
3,812
214
7
441
75
4,563
Cost at 31 December 2020
2,806
183,082
9,238
929
13,163
6,370
215,587
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
50,654
1,232
405
11,888
4,119
68,508
Estimated useful lives (years)
 
3 - 20
UoP
1)
 
15 - 20
 
20 - 33
2)
 
1 - 19
3)
Depreciation according to unit of production method (UoP), see note 2 Significant accounting policies
.
2)
 
Land is not depreciated
.
Buildings include leasehold improvements.
3)
 
Depreciation linearly over contract period.
4)
 
See note 23 Leases.
5)
 
See note 2 Significant accounting policies and note 21 Provisions and other liabilities. For 2020
 
table, additions and currency
lines are also impacted by the policy change.
Impairments [text block]
Full year
Property, plant and equipment
 
Intangible assets
3)
 
Total
(in USD million)
2021
2020
2019
2021
2020
2019
2021
2020
2019
Producing and development assets
1)
1,285
5,671
3,230
(2)
680
608
1,283
6,351
3,838
Goodwill
1)
1
42
164
1
42
164
Other intangible assets
1)
0
8
41
0
8
41
Acquisition costs related to oil and gas prospects
2)
154
657
49
154
657
49
Total net impairment loss/(reversal) recognised
1,285
5,671
3,230
154
1,386
863
1,439
7,057
4,093
Producing and development assets, refining 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 2021
 
amount to USD
1.285
billion, compared to 2020 when the net impairment amounted to USD
6.401
 
billion, including impairment of acquisition costs - 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 12 Intangible assets
.
Impairment of the carrying amount of impaired asset [text block]
At 31 December 2021
At 31 December 2020
(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
5,379
(1,102)
7,042
1,219
Exploration & Production USA - onshore
VIU
1,979
8
4,676
(19)
FVLCOD
0
40
1,122
2,331
Exploration & Production USA - offshore Gulf of Mexico
VIU
798
18
2,808
305
North America - offshore other areas
VIU
0
0
53
146
FVLCOD
0
(22)
0
0
Europe and Asia
VIU
1,566
1,609
3,687
1,280
Marketing, Midstream & Processing
VIU
632
486
1,297
824
FVLCOD
236
230
668
228
Right of use assets/Other
VIU
16
(2)
265
36
FVLCOD
4
17
0
0
Total
10,610
1,282
21,619
6,351