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Finance expense and income (Tables)
6 Months Ended
Jun. 30, 2026
Text Block1 [Abstract]  
Summary of Finance Expense and Income Included in Income Statement
The finance expense and income included in the statement of profit or lo
ss
are
a
s follo
w
s:
 
 For the six-month period ended 30 June
            
 Million US dollar
  
2026
   
2025
 
                  
 Interest expense
     (1 541     (1 588
 Interest income
     284       240  
 Interest income on Brazilian tax credits
     61       63  
 Net interest income/(expense)
  
 
(1 196
 
 
(1 284
 Accretion expense
     (376     (315
 Interest on pensions
     (37     (37
 Accretion expense and interest on pensions
  
 
(413
 
 
(351
 Net foreign exchange gains/(losses)
     (128     (161
 Net gains/(losses) on hedging instruments
     (240     (138
 Bank fees, taxes and other financial expense
     (139     (140
 Other financial income
     9       29  
 Other financial results
  
 
(498
 
 
(410
                  
 Net finance income/(expense) excluding exceptional items
  
 
(2 107
 
 
(2 046
                  
 Exceptional finance income/(expense)
     2 033       368  
                  
 Net finance income/(expense)
  
 
(74
 
 
(1 678