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Consolidated balance sheet
$ in Millions
Dec. 31, 2018
USD ($)
Dec. 31, 2017
USD ($)
Dec. 31, 2016
USD ($)
Non-current assets      
Intangible assets, net (Notes 4 & 7) $ 28,922 $ 14,587 $ 15,362
Property, plant and equipment, net (Notes 4 & 7) 113,324 109,397 111,971
Equity affiliates: investments and loans (Note 8) 23,444 22,103 20,576
Other investments (Note 8) 1,421 1,727 1,133
Non-current financial assets (Note 15) 680 679 908
Deferred income taxes (Note 11) 6,663 5,206 4,368
Other non-current assets (Note 6) 2,509 3,984 4,143
Total non-current assets 176,963 157,683 158,461
Current assets      
Inventories, net (Note 5) 14,880 16,520 15,247
Accounts receivable, net (Note 5) 17,270 14,893 12,213
Other current assets (Note 5) 14,724 14,210 14,835
Current financial assets (Note 15) 3,654 3,393 4,548
Cash and cash equivalents (Note 15) 27,907 33,185 24,597
Assets classified as held for sale (Note 2) 1,364 2,747 1,077
Total current assets 79,799 84,948 72,517
Total assets 256,762 242,631 230,978
Shareholders' equity      
Common shares 8,227 7,882 7,604
Paid-in surplus and retained earnings 120,569 112,040 105,547
Currency translation adjustment (11,313) (7,908) (13,871)
Treasury shares (1,843) (458) (600)
Total shareholders' equity - Group share (Note 9) 115,640 111,556 98,680
Non-controlling interests 2,474 2,481 2,894
Total shareholders' equity 118,114 114,037 101,574
Non-current liabilities      
Deferred income taxes (Note 11) 11,490 10,828 11,060
Employee benefits (Note 10) 3,363 3,735 3,746
Provisions and other non-current liabilities (Note 12) 21,432 15,986 16,846
Non-current financial debt (Note 15) 40,129 41,340 43,067
Total non-current liabilities 76,414 71,889 74,719
Current liabilities      
Accounts payable 26,134 26,479 23,227
Other creditors and accrued liabilities (Note 5) 22,246 17,779 16,720
Current borrowings (Note 15) 13,306 11,096 13,920
Other current financial liabilities (Note 15) 478 245 327
Liabilities directly associated with the assets classified as held for sale (Note 2) 70 1,106 491
Total current liabilities 62,234 56,705 54,685
Total liabilities & shareholders' equity $ 256,762 $ 242,631 $ 230,978