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Consolidated Statement of Cash Flows - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
OPERATING ACTIVITIES      
Profit of the period $ 8,477 $ 7,416 $ 6,891
Depreciation, amortization and impairment 5,652 5,544 5,411
Net finance (income)/expense 4,465 5,353 5,102
Equity-settled share-based payment expense 625 644 570
Income tax expense 2,850 3,152 2,234
Share of result of associates (387) (433) 1,125
Other non-cash items (45) (269) (260)
Cash flow from operating activities before changes in working capital and use of provisions 21,637 21,406 21,072
Decrease/(increase) in trade and other receivables (187) 341 (1,147)
Decrease/(increase) in inventories 87 (149) 717
Increase/(decrease) in trade and other payables (298) (215) (1,110)
Pension contributions and use of provisions (426) (374) (419)
Cash generated from operations 20,814 21,009 19,113
Interest paid (3,348) (3,649) (3,877)
Interest received 462 594 598
Dividends received 195 234 127
Income tax paid (3,240) (3,134) (2,696)
Cash flow from/(used in) operating activities 14,883 15,055 13,265
INVESTING ACTIVITIES      
Acquisition of property, plant and equipment and of intangible assets (3,656) (3,863) (4,638)
Proceeds from sale of property, plant and equipment and of intangible assets 104 128 156
Sale/(acquisition) of subsidiaries, net of cash 18 (46) 9
Proceeds from sale/(acquisition) of other assets 98 523 83
Cash flow from/(used in) investing activities (3,436) (3,259) (4,390)
FINANCING ACTIVITIES      
Proceeds from borrowings 4,400 5,465 202
Repayments of borrowings (6,861) (9,295) (3,098)
Dividends paid (4,543) (2,672) (3,013)
Share buyback (2,301) (937) (362)
Payment of lease liabilities (733) (787) (780)
Derivative financial instruments (206) (431) (841)
Sale/(acquisition) of non-controlling interests (323) (435) (22)
Other financing cash flows (883) (763) (646)
Cash flow from/(used in) financing activities (11,450) (9,854) (8,560)
Net increase/(decrease) in cash and cash equivalents (3) 1,942 315
Cash and cash equivalents less bank overdrafts at beginning of year 11,174 10,314 9,890
Effect of exchange rate fluctuations 452 (1,082) 109
Cash and cash equivalents less bank overdrafts at end of period $ 11,623 $ 11,174 $ 10,314