v3.25.4
Consolidated Statements of Changes In Equity - USD ($)
$ in Millions
Total
Finocas
Arceo5
AMTBA
Equity attributable to the equity holders of the parent
Equity attributable to the equity holders of the parent
Arceo5
Equity attributable to the equity holders of the parent
AMTBA
Share Capital
Treasury Shares
Mandatorily Convertible Notes
Additional Paid-in Capital
Retained Earnings
Retained Earnings
Arceo5
Retained Earnings
AMTBA
Foreign Currency Translation Adjustments
Unrealized Gains (Losses) on Derivative Financial Instruments relating to CFH
Unrealized Gains (Losses) on Investments in Equity Instruments at FVOCI
Recognized actuarial (losses) gains
Non-controlling interests
Non-controlling interests
Finocas
Non-controlling interests
Arceo5
Non-controlling interests
AMTBA
Beginning balance (in shares) at Dec. 31, 2022 [1]               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) 1,022 $ 2 $ 5   919             919             103      
Other comprehensive income (loss) 1,274       1,258                   2,378 (927) (108) (85) 16      
Total comprehensive income (loss) 2,296 2 5   2,177             919     2,378 (927) (108) (85) 119      
Cancellation of shares (note 11.1) 0             $ (9) 664   (655)                      
Conversion of mandatorily convertible notes (in shares) [1]               57,000,000                            
Conversion of mandatorily convertible notes (note 11.2) 231       231       1,534 (509) (794)                      
Recognition of share-based payments (note 8.3) (in shares) [1]               2,000,000                            
Recognition of share-based payments (note 8.3) 39       39       56   (17)                      
Shares buyback (in shares) [1]               (45,000,000)                            
Share buyback (note 11.1) (1,208)       (1,208)       (1,208)                          
Dividend (notes 11.4 and 11.5) (520)       (369)             (369)             (151)      
Disposal of Erdemir shares 0                     333         (333)          
Early redemption of mandatory convertible bonds (note 11.2) (315)       (24)             (24)             (291)      
Mandatorily convertible bond extension (note 11.2) (32)                                   (32)      
Capital increase ArcelorMittal Liberia (note 11.5.1) 0       (15)             (15)             15      
Other movements $ (13)       (22)             (22)             9      
Ending balance (in shares) at Dec. 31, 2023 819,271,756             819,000,000 [1]                            
Ending balance at Dec. 31, 2023 $ 56,068       53,961     $ 303 (849) 0 27,185 46,264     (18,441) 1,978 (4) (2,475) 2,107      
Changes in equity [abstract]                                            
Net income (including non-controlling interests) 1,380 4 8   1,339             1,339             41      
Other comprehensive income (loss) (4,480)       (4,390)                   (3,855) (657) 29 93 (90)      
Total comprehensive income (loss) (3,100) 4 8   (3,051)             1,339     (3,855) (657) 29 93 (49)      
Recognition of share-based payments (note 8.3) (in shares) [1]               2,000,000                            
Recognition of share-based payments (note 8.3) 37       37       32   5                      
Shares buyback (in shares) [1]               (52,000,000)                            
Share buyback (note 11.1) (1,300)       (1,300)       (1,300)                          
Dividend (notes 11.4 and 11.5) (585)       (393)             (393)             (192)      
Disposal of Erdemir shares 0                     75         (75)          
Capital increase ArcelorMittal Liberia (note 11.5.1) 0       (30)             (30)             30      
Increase (decrease) through changes in ownership interests in subsidiaries that do not result in loss of control, equity   172                                   $ 172    
Other movements $ (6)       (1)             (1)             (5)      
Ending balance (in shares) at Dec. 31, 2024 768,546,622             769,000,000 [1]                            
Ending balance at Dec. 31, 2024 $ 51,286       49,223     $ 303 (2,117) 0 27,190 47,254     (22,296) 1,321 (50) (2,382) 2,063      
Changes in equity [abstract]                                            
Net income (including non-controlling interests) 3,243 6 5   3,152             3,152             91      
Other comprehensive income (loss) 2,892       2,785                   2,951 (177) 27 (16) 107      
Total comprehensive income (loss) 6,135 6 5   5,937             3,152     2,951 (177) 27 (16) 198      
Cancellation of shares (note 11.1) 0             $ (28) 1,990   (1,962)                      
Recognition of share-based payments (note 8.3) (in shares) [1]               1,000,000                            
Recognition of share-based payments (note 8.3) 56       56       34   22                      
Shares buyback (in shares) [1]               (9,000,000)                            
Share buyback (note 11.1) (262)       (262)       (262)                          
Dividend (notes 11.4 and 11.5) (548)       (421)             (421)             (127)      
Mandatorily convertible bond extension (note 11.2) 22                                   22      
Capital increase ArcelorMittal Liberia (note 11.5.1) 0       (23)             (23)             23      
Increase (decrease) through changes in ownership interests in subsidiaries that do not result in loss of control, equity   $ 172 $ (88) $ (11)   $ 9 $ (31)           $ 9 $ (31)             $ (97) $ 20
Disposal of Arcelor Mittal Zenica and Prijedor (note 2.3) (30)                                   (30)      
Other movements $ (24)       (22)             (22)             (2)      
Ending balance (in shares) at Dec. 31, 2025 761,125,819             761,000,000 [1]                            
Ending balance at Dec. 31, 2025 $ 56,536       $ 54,466     $ 275 $ (355) $ 0 $ 25,250 $ 49,918     $ (19,345) $ 1,144 $ (23) $ (2,398) $ 2,070      
[1] Amounts are in millions of shares (treasury shares are excluded).