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Condensed consolidated statements of changes in equity - USD ($)
$ 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, 2021 [1],[2]     911,000,000                  
Beginning balance at Dec. 31, 2021 $ 51,344 $ 49,106 $ 350 $ (2,186) $ 509 $ 31,803 $ 36,702 $ (18,244) $ 2,690 $ 499 $ (3,017) $ 2,238
Changes in equity [abstract]                        
Net income (including non-controlling interests) 8,256 8,048         8,048         208
Other comprehensive income (loss) (707) (673)           (1,970) 1,561 (274) 10 (34)
Total comprehensive income (loss) 7,549 7,375         8,048 (1,970) 1,561 (274) 10 174
Cancellation of shares 0   $ (38) 3,201   (3,163)            
Recognition of share-based payments (in shares) [1],[2]     1,000,000                  
Recognition of share-based payments 21 21   25   (4)            
Share buyback (note 5) (in shares) [1],[2]     (65,000,000)                  
Share buyback (note 6) (2,000) (2,000)   (2,000)                
Dividend (note 6) (490) (332)         (332)         (158)
Put option ArcelorMittal Texas HBI (177) (177)         (177)          
Non-controlling interest on acquisitions (note 3) (200)                     (200)
Other movements (1) (1)         (1)          
Ending balance (in shares) at Jun. 30, 2022 [1],[2]     847,000,000                  
Ending balance at Jun. 30, 2022 56,446 53,992 $ 312 (960) 509 28,636 44,240 (20,214) 4,251 225 (3,007) 2,454
Beginning balance (in shares) at Dec. 31, 2022 [1],[2]     805,000,000                  
Beginning balance at Dec. 31, 2022 55,590 53,152 $ 312 (1,895) 509 28,651 45,442 (20,819) 2,905 437 (2,390) 2,438
Changes in equity [abstract]                        
Net income (including non-controlling interests) 3,047 2,956         2,956         91
Other comprehensive income (loss) 487 476           1,103 (548) (89) 10 11
Total comprehensive income (loss) 3,534 3,432         2,956 1,103 (548) (89) 10 102
Issue of convertible instruments (in shares) [1],[2]     57,000,000                  
Conversion of mandatorily convertible notes (note 6) 231 231   1,534 (509) (794)            
Cancellation of shares 0   $ (9) 664   (655)            
Recognition of share-based payments (in shares) [1],[2]     2,000,000                  
Recognition of share-based payments 22 22   41   (19)            
Share buyback (note 5) (in shares) [1],[2]     (25,000,000)                  
Share buyback (note 6) (704) (704)   (704)                
Dividend (note 6) (435) (370)         (370)         (65)
Disposal of Erdemir shares (note 4) 0           333     (333)    
Early redemption of mandatory convertible bonds (note 6) (315) (24)         (24)         (291)
Other movements (14) (19)         (19)         5
Ending balance (in shares) at Jun. 30, 2023 [1],[2]     839,000,000                  
Ending balance at Jun. 30, 2023 $ 57,909 $ 55,720 $ 303 $ (360) $ 0 $ 27,183 $ 48,318 $ (19,716) $ 2,357 $ 15 $ (2,380) $ 2,189
[1] Excludes treasury shares
[2] In millions of shares