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Condensed consolidated statements of changes in equity - USD ($)
shares in Millions, $ in Millions
Total
Equity attributable to the equity holders of the parent
Share capital
Treasury shares
Mandatorily convertible notes
Additional paid-in capital
Retained earnings
Foreign currency translation adjustments
Unrealized gains (losses) on derivative financial instruments
Unrealized gains (losses) on investments in equity instruments at FVOCI
Recognized actuarial losses
Non-controlling interests
Beginning balance (in shares) at Dec. 31, 2019 [1],[2]     1,012                  
Beginning balance at Dec. 31, 2019 $ 40,483 $ 38,521 $ 364 $ (602) $ 0 $ 34,826 $ 22,883 $ (16,125) $ 235 $ 180 $ (3,240) $ 1,962
Changes in equity [abstract]                        
Net income (loss) (including non-controlling interests) (1,645) (1,679)         (1,679)         34
Other comprehensive loss (2,940) (2,857)           (2,399) (341) (117)   (83)
Total comprehensive loss (4,585) (4,536)         (1,679) (2,399) (341) (117)   (49)
Offering of common shares (in shares)     81                  
Offering of common shares 740 740 $ 29     711            
Mandatorily convertible notes 1,047 1,047     1,047              
Recognition of share-based payments 2 2   2   2 (2)          
Dividend (note 4) (89)                     (89)
Ending balance (in shares) at Jun. 30, 2020 [1],[2]     1,093                  
Ending balance at Jun. 30, 2020 37,598 35,774 $ 393 (600) 1,047 35,539 21,202 (18,524) (106) 63 (3,240) 1,824
Beginning balance (in shares) at Dec. 31, 2020 [1],[2]     1,081                  
Beginning balance at Dec. 31, 2020 40,237 38,280 $ 393 (538) 840 35,247 22,097 (17,053) 229 583 (3,518) 1,957
Changes in equity [abstract]                        
Net income (loss) (including non-controlling interests) 6,576 6,290         6,290         286
Other comprehensive loss 1,800 1,785           165 1,049 524 47 15
Total comprehensive loss 8,376 8,075         6,290 165 1,049 524 47 301
Recognition of share-based payments 21 21   18   3            
Share buyback (note 4) (in shares) [1],[2]     (62)                  
Shares buyback (note 4) (1,744) (1,744)   (1,744)                
Dividend (note 4) (410) (312)         (312)         (98)
Put option NSI (note 4) (119) (119)                    
Divestment of Cleveland-Cliffs shares (note 7) 0           267     (267)    
Other movements (36) (36)         (36)          
Ending balance (in shares) at Jun. 30, 2021 [1],[2]     1,019                  
Ending balance at Jun. 30, 2021 $ 46,325 $ 44,165 $ 393 $ (2,264) $ 840 $ 35,250 $ 28,187 $ (16,888) $ 1,278 $ 840 $ (3,471) $ 2,160
[1] Excludes treasury shares
[2] In millions of shares