v3.25.4
PROVISIONS, CONTINGENCIES AND COMMITMENTS (Tables)
 12 Months Ended
Dec. 31, 2025
Disclosure of Other Provisions, Contingent Liabilities and Commitments [Abstract]  
Disclosure of Changes in Provisions
Balance at
December 31, 2024
Additions1
Deductions/
Payments
Effects of foreign
exchange and
other movements
Balance at
December 31,
2025
Environmental
506
54
(76)
69
553
Emission obligations
420
488
(423)
21
506
Asset retirement obligations
478
43
(66)
46
501
Site restoration
109
15
(25)
17
116
Staff related obligations
144
111
(38)
25
242
Voluntary separation plans
86
80
(74)
22
114
Litigation and other (see note 9.3)
305
38
(89)
150
404
  Tax claims
79
7
(36)
127
177
  Other legal claims
226
31
(53)
23
227
Commercial agreements and onerous contracts
33
9
(27)
3
18
Other
217
45
(65)
4
201
2,298
883
(883)
357
2,655
Short-term provisions
938
1,039
Long-term provisions
1,361
1,616
2,298
2,655
Balance at
December 31, 2023
Additions1
Deductions/
Payments
Effects of foreign
exchange and
other movements
Balance at
December 31,
2024
Environmental
620
120
(207)
(27)
506
Emission obligations
29
423
(15)
(17)
420
Asset retirement obligations
380
172
(34)
(40)
478
Site restoration
147
21
(52)
(7)
109
Staff related obligations
162
37
(41)
(14)
144
Voluntary separation plans
32
66
(22)
10
86
Litigation and other (see note 9.3)
349
79
(87)
(36)
305
  Tax claims
81
18
(11)
(9)
79
  Other legal claims
268
61
(76)
(27)
226
Commercial agreements and onerous contracts
29
24
(16)
(4)
33
Other
317
38
(102)
(36)
217
2,065
980
(576)
(171)
2,298
Short-term provisions
588
938
Long-term provisions
1,477
1,361
2,065
2,298
1.Additions exclude provisions reversed or utilized during the same year.
Disclosure of Other Long-term Obligations
 
Balance at December 31,
 
2025
2024
Derivative financial instruments (notes 6.1
and 6.3)
228
343
Payable from acquisition of financial
assets
474
302
Unfavorable contracts
151
156
Income tax payable
117
156
Put option liability ArcelorMittal Texas HBI
(note 11.5.2)
175
176
Put option liability Sonasid (note 11.5.2)
153
114
Other
242
175
Total
1,540
1,422
Schedule of Commitments
December 31,
2025
2024
Commitments related to purchases of raw
materials and energy
17,115
10,082
Guarantees, pledges and other collateral
9,116
10,019
Capital expenditure commitments
1,313
1,542
Other commitments
1,915
1,294
Total
29,459
22,937
As of December 31, 2025, the Company holds PPAs for renewable electricity as summarized below:
Segment
Number of contracts
start-end dates
Average remaining contract
duration (in years)
Committed amount
Brazil 1, 2
11
2018-2053
11
2,802
Europe
3
2019-2032
5
66
1.At December 31, 2025, the Company has not yet recognized a commitment with respect to the PPA signed between ArcelorMittal Brasil and BBC Solar (joint venture with
Casa dos Ventos). The Company may have a potential commitment of approximately 273 upon commissioning of BBC Solar power plant, which is currently under
construction. The PPA is established for a duration of 23 years, commencing in 2026 contingent to commissioning of BBC Solar power plant.
2.At December 31, 2025, the Company has not yet recognized a commitment with respect to the framework agreement for Commercialization of Electricity signed between
Acindar and Generación Eléctrica Argentina Renovable I S.A. ("GEAR I"). The Company may have a potential commitment of approximately 588 upon commissioning of
the GEAR I power plant, which is currently under construction. The framework agreement is established for a duration of 25 years, commencing in 2027 contingent to
commissioning of the GEAR I power plant.