TotalEnergies SE (TTE) 6-K 29 Jul 21 Current report (foreign) Financial data

Document and Entity Information

Document and Entity Information	6 Months Ended
	Jun. 30, 2021
Document and Entity Information
Entity Registrant Name	TotalEnergies SE
Entity Central Index Key	0000879764
Document Type	6-K
Document Period End Date	Jun. 30, 2021
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q2

CONSOLIDATED STATEMENT OF INCOM

CONSOLIDATED STATEMENT OF INCOME $ in Millions	3 Months Ended						6 Months Ended
	Jun. 30, 2021USD ($)$ / shares	Jun. 30, 2021€ / shares	Mar. 31, 2021USD ($)$ / shares	Mar. 31, 2021€ / shares	Jun. 30, 2020USD ($)$ / shares	Jun. 30, 2020€ / shares	Jun. 30, 2021USD ($)$ / shares	Dec. 31, 2020USD ($)	Jun. 30, 2020USD ($)$ / shares
CONSOLIDATED STATEMENT OF INCOME
Sales	$ 47,049		$ 43,737		$ 25,730		$ 90,786		$ 69,600
Excise taxes	(5,416)		(5,104)		(4,168)		(10,520)		(9,461)
Revenues from sales	41,633		38,633		21,562		80,266		60,139
Purchases, net of inventory variation	(26,719)		(23,398)		(12,025)		(50,117)		(40,093)
Other operating expenses	(6,717)		(6,880)		(6,321)		(13,597)		(13,265)
Exploration costs	(123)		(167)		(114)		(290)		(254)
Depreciation, depletion and impairment of tangible assets and mineral interests	(3,121)		(3,325)		(11,593)		(6,446)		(15,228)
Other income	223		358		362		581		942
Other expense	(298)		(659)		(108)		(957)		(528)
Financial interest on debt	(501)		(466)		(530)		(967)		(1,099)
Financial income and expense from cash & cash equivalents	77		95		50		172		(105)
Cost of net debt	(424)		(371)		(480)		(795)		(1,204)
Other financial income	265		109		419		374		607
Other financial expense	(131)		(130)		(161)		(261)		(342)
Net income (loss) from equity affiliates	(680)		881		(447)		201		285
Income taxes	(1,609)		(1,639)		484		(3,248)		521
Consolidated net income	2,299		3,412		(8,422)		5,711	$ 1,084	(8,420)
TotalEnergies share	2,206		3,344		(8,369)		5,550		(8,335)
Non-controlling interests	$ 93		$ 68		$ (53)		$ 161		$ (85)
Earnings per share (in dollars or Euros per share) | (per share)	$ 0.80	€ 0.66	$ 1.24	€ 1.03	$ (3.27)	€ (2.98)	$ 2.04		$ (3.29)
Fully-diluted earnings per share (in dollars or Euros per share) | (per share)	$ 0.80	€ 0.66	$ 1.23	€ 1.02	$ (3.27)	€ (2.98)	$ 2.03		$ (3.29)

CONSOLIDATED STATEMENT OF COMPR

CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME - USD ($) $ in Millions	3 Months Ended			6 Months Ended
	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME
Consolidated net income	$ 2,299	$ 3,412	$ (8,422)	$ 5,711	$ (8,420)
Other comprehensive income
Actuarial gains and losses	449		(356)	449	(223)
Change in fair value of investments in equity instruments	56	12	90	68	(74)
Tax effect	(142)	(12)	101	(154)	86
Currency translation adjustment generated by the parent company	1,239	(4,173)	1,780	(2,934)	(196)
Items not potentially reclassifiable to profit and loss	1,602	(4,173)	1,615	(2,571)	(407)
Currency translation adjustment	(746)	2,523	(919)	1,777	(940)
Cash flow hedge	(424)	504	231	80	(1,293)
Variation of foreign currency basis spread	(4)		14	(4)	70
Share of other comprehensive income of equity affiliates, net amount	(18)	469	296	451	(927)
Other	(1)	1			3
Tax effect	100	(157)	(78)	(57)	367
Items potentially reclassifiable to profit and loss	(1,093)	3,340	(456)	2,247	(2,720)
Total other comprehensive income (net amount)	509	(833)	1,159	(324)	(3,127)
Comprehensive income	2,808	2,579	(7,263)	5,387	(11,547)
TotalEnergies share	2,670	2,542	(7,253)	5,212	(11,424)
Non-controlling interests	$ 138	$ 37	$ (10)	$ 175	$ (123)

CONSOLIDATED BALANCE SHEET

CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020	Jun. 30, 2020
Non-current assets
Intangible assets, net	$ 33,359	$ 33,239	$ 33,528	$ 33,114
Property, plant and equipment, net	106,791	106,859	108,335	104,925
Equity affiliates: investments and loans	29,712	30,727	27,976	27,470
Other investments	2,247	2,062	2,007	1,627
Non-current financial assets	3,778	3,700	4,781	2,431
Deferred income taxes	6,578	6,619	7,016	7,257
Other non-current assets	2,800	2,638	2,810	2,539
Total non-current assets	185,265	185,844	186,453	179,363
Current assets
Inventories, net	19,162	16,192	14,730	12,688
Accounts receivable, net	17,192	17,532	14,068	13,481
Other current assets	17,585	14,304	13,428	17,155
Current financial assets	4,404	4,605	4,630	6,570
Cash and cash equivalents	28,643	30,285	31,268	29,727
Assets classified as held for sale	456	396	1,555	421
Total current assets	87,442	83,314	79,679	80,042
Total assets	272,707	269,158	266,132	259,405
Shareholders' equity
Common shares	8,224	8,193	8,267	8,159
Paid-in surplus and retained earnings	110,967	112,676	107,078	107,934
Currency translation adjustment	(11,087)	(11,566)	(10,256)	(13,265)
Treasury shares	(8)	(8)	(1,387)	(1,623)
Total shareholders' equity - TotalEnergies share	108,096	109,295	103,702	101,205
Non-controlling interests	2,480	2,390	2,383	2,334
Total shareholders' equity	110,576	111,685	106,085	103,539
Non-current liabilities
Deferred income taxes	10,596	10,387	10,326	10,346
Employee benefits	3,305	3,644	3,917	3,612
Provisions and other non-current liabilities	20,716	20,893	20,925	19,487
Non-current financial debt	52,331	52,541	60,203	61,540
Total non-current liabilities	86,948	87,465	95,371	94,985
Current liabilities
Accounts payable	29,752	26,959	23,574	19,198
Other creditors and accrued liabilities	27,836	22,066	22,465	24,790
Current borrowings	16,983	20,471	17,099	16,154
Other current financial liabilities	322	351	203	411
Liabilities directly associated with the assets classified as held for sale	290	161	1,335	328
Total current liabilities	75,183	70,008	64,676	60,881
Total liabilities & shareholders' equity	$ 272,707	$ 269,158	$ 266,132	$ 259,405

CONSOLIDATED STATEMENT OF CASH

CONSOLIDATED STATEMENT OF CASH FLOW - USD ($) $ in Millions	3 Months Ended			6 Months Ended
	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
CASH FLOW FROM OPERATING ACTIVITIES
Consolidated net income	$ 2,299	$ 3,412	$ (8,422)	$ 5,711	$ (8,420)
Depreciation, depletion, amortization and impairment	3,287	3,473	11,701	6,760	15,431
Non-current liabilities, valuation allowances and deferred taxes	210	121	(796)	331	(1,457)
(Gains) losses on disposals of assets	(85)	(285)	(131)	(370)	(340)
Undistributed affiliates' equity earnings	1,255	(573)	978	682	391
(Increase) decrease in working capital	669	(819)	431	(150)	(453)
Other changes, net	(84)	269	(282)	185	(374)
Cash flow from operating activities	7,551	5,598	3,479	13,149	4,778
CASH FLOW USED IN INVESTING ACTIVITIES
Intangible assets and property, plant and equipment additions	(2,675)	(2,410)	(2,409)	(5,085)	(4,773)
Acquisitions of subsidiaries, net of cash acquired	(170)			(170)	(188)
Investments in equity affiliates and other securities	(307)	(2,126)	(136)	(2,433)	(1,670)
Increase in non-current loans	(380)	(300)	(733)	(680)	(1,028)
Total expenditures	(3,532)	(4,836)	(3,278)	(8,368)	(7,659)
Proceeds from disposals of intangible assets and property, plant and equipment	45	226	219	271	263
Proceeds from disposals of subsidiaries, net of cash sold		229	12	229	154
Proceeds from disposals of non-current investments	216	63	20	279	315
Repayment of non-current loans	167	134	99	301	225
Total divestments	428	652	350	1,080	957
Cash flow used in investing activities	(3,104)	(4,184)	(2,928)	(7,288)	(6,702)
CASH FLOW FROM FINANCING ACTIVITIES
Issuance (repayment) of shares: Parent company shareholders	381		374	381	374
Issuance (repayment) of shares: Treasury shares		(165)	(2)	(165)	(611)
Dividends paid: Parent company shareholders	(2,094)	(2,090)	(1,928)	(4,184)	(3,810)
Dividends paid: Non-controlling interests	(53)	(10)	(76)	(63)	(76)
Net issuance (repayment) of perpetual subordinated notes		3,248		3,248
Payments on perpetual subordinated notes	(147)	(87)	(134)	(234)	(231)
Other transactions with non-controlling interests		(55)	(22)	(55)	(70)
Net issuance (repayment) of non-current debt	51	(890)	15,430	(839)	15,472
Increase (decrease) in current borrowings	(4,369)	(1,662)	(6,604)	(6,031)	(3,819)
Increase (decrease) in current financial assets and liabilities	(67)	(148)	449	(215)	(2,546)
Cash flow from (used in) financing activities	(6,298)	(1,859)	7,487	(8,157)	4,683
Net increase (decrease) in cash and cash equivalents	(1,851)	(445)	8,038	(2,296)	2,759
Effect of exchange rates	209	(538)	55	(329)	(384)
Cash and cash equivalents at the beginning of the period	30,285	31,268	21,634	31,268	27,352
Cash and cash equivalents at the end of the period	$ 28,643	$ 30,285	$ 29,727	$ 28,643	$ 29,727

CONSOLIDATED STATEMENT OF CHANG

CONSOLIDATED STATEMENT OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($) $ in Millions		Shareholders' equity - TotalEnergies share	Common shares issued	Paid-in surplus and retained earnings	Currency translation adjustment	Treasury shares	Non-controlling interests	Total
Equity as of the beginning of the period at Dec. 31, 2019		$ 116,778	$ 8,123	$ 121,170	$ (11,503)	$ (1,012)	$ 2,527	$ 119,305
Common shares issued as of the beginning of the period at Dec. 31, 2019			2,601,881,075			(15,474,234)
Consolidated net income		(8,335)		(8,335)			(85)	(8,420)
Other comprehensive income		(3,089)		(1,327)	(1,762)		(38)	(3,127)
Comprehensive income		(11,424)		(9,662)	(1,762)		(123)	(11,547)
Dividend		(3,799)		(3,799)			(76)	(3,875)
Issuance of common shares		374	$ 36	338				374
Issuance of common shares (in shares)			13,179,262
Purchase of treasury shares		(611)				$ (611)		(611)
Purchase of treasury shares (in shares)						(13,236,044)
Sale of treasury shares (in shares)	[1]					3,680
Share-based payments		96		96				96
Payments on perpetual subordinated notes		(143)		(143)				(143)
Other operations with non-controlling interests		(63)		(63)			(7)	(70)
Other items		(3)		(3)			13	10
Equity as of the end of the period at Jun. 30, 2020		101,205	$ 8,159	107,934	(13,265)	$ (1,623)	2,334	103,539
Common shares issued as of the end of the period at Jun. 30, 2020			2,615,060,337			(28,706,598)
Consolidated net income		1,093		1,093			(9)	1,084
Other comprehensive income		4,019		1,006	3,013		338	4,357
Comprehensive income		5,112		2,099	3,013		329	5,441
Dividend		(4,100)		(4,100)			(158)	(4,258)
Issuance of common shares		1,240	$ 108	1,132				1,240
Issuance of common shares (in shares)			38,063,688
Sale of treasury shares	[1]			(236)		$ 236
Sale of treasury shares (in shares)	[1]					4,313,895
Share-based payments		92		92				92
Net issuance (repayment) of perpetual subordinated notes		331		331				331
Payments on perpetual subordinated notes		(165)		(165)				(165)
Other operations with non-controlling interests		(2)		2	(4)		(110)	(112)
Other items		(11)		(11)			(12)	(23)
Equity as of the end of the period at Dec. 31, 2020		103,702	$ 8,267	107,078	(10,256)	$ (1,387)	2,383	106,085
Common shares issued as of the end of the period at Dec. 31, 2020			2,653,124,025			(24,392,703)
Consolidated net income								3,412
Other comprehensive income								(833)
Comprehensive income								2,579
Equity as of the end of the period at Mar. 31, 2021								111,685
Equity as of the beginning of the period at Dec. 31, 2020		103,702	$ 8,267	107,078	(10,256)	$ (1,387)	2,383	106,085
Common shares issued as of the beginning of the period at Dec. 31, 2020			2,653,124,025			(24,392,703)
Consolidated net income		5,550		5,550			161	5,711
Other comprehensive income		(338)		485	(823)		14	(324)
Comprehensive income		5,212		6,035	(823)		175	5,387
Dividend		(4,189)		(4,189)			(63)	(4,252)
Issuance of common shares		381	$ 31	350				381
Issuance of common shares (in shares)			10,589,713
Purchase of treasury shares		(165)				$ (165)		(165)
Purchase of treasury shares (in shares)						(3,636,351)
Sale of treasury shares	[1]			(216)		$ 216
Sale of treasury shares (in shares)	[1]					4,570,220
Share-based payments		61		61				61
Share cancellation			$ (74)	(1,254)		$ 1,328
Share cancellation (in shares)			(23,284,409)			23,284,409
Net issuance (repayment) of perpetual subordinated notes		3,254		3,254				3,254
Payments on perpetual subordinated notes		(184)		(184)				(184)
Other operations with non-controlling interests		20		26	(6)		(20)
Other items		4		6	(2)		5	9
Equity as of the end of the period at Jun. 30, 2021		108,096	$ 8,224	110,967	(11,087)	$ (8)	2,480	110,576
Common shares issued as of the end of the period at Jun. 30, 2021			2,640,429,329			(174,425)
Equity as of the beginning of the period at Mar. 31, 2021								111,685
Consolidated net income								2,299
Other comprehensive income								509
Comprehensive income								2,808
Equity as of the end of the period at Jun. 30, 2021		$ 108,096	$ 8,224	$ 110,967	$ (11,087)	$ (8)	$ 2,480	$ 110,576
Common shares issued as of the end of the period at Jun. 30, 2021			2,640,429,329			(174,425)
[1]	Treasury shares related to the performance share grants.

Accounting policies

Accounting policies	6 Months Ended
	Jun. 30, 2021
Accounting policies
Accounting policies	1) Accounting policies The consolidated financial statements are prepared in accordance with International Financial Reporting Standards (IFRS) as adopted by the European Union and IFRS as published by the International Accounting Standards Board (IASB). The interim consolidated financial statements of TotalEnergies SE and its subsidiaries (the Company) as of June 30, 2021, are presented in U.S. dollars and have been prepared in accordance with International Accounting Standard (IAS) 34 “Interim Financial Reporting”. The accounting principles applied for the consolidated financial statements at June 30, 2021, are consistent with those used for the financial statements at December 31, 2020. Since January 1, 2020, the Company has early adopted the amendments to IFRS 7 and IFRS 9 relating to the interest rate benchmark reform phase II. In particular, these amendments allow to maintain the hedge accounting qualification of interest rate derivatives. The preparation of financial statements in accordance with IFRS for the closing as of June 30, 2021 requires the executive management to make estimates, assumptions and judgments that affect the information reported in the Consolidated Financial Statements and the Notes thereto. These estimates, assumptions and judgments are based on historical experience and other factors believed to be reasonable at the date of preparation of the financial statements. They are reviewed on an on-going basis by management and therefore could be revised as circumstances change or as a result of new information. The main estimates, judgments and assumptions relate to the estimation of hydrocarbon reserves in application of the successful efforts method for the oil and gas activities, asset impairments, employee benefits, asset retirement obligations and income taxes. These estimates and assumptions are described in the Notes to the Consolidated Financial Statements as of December 31, 2020. Different estimates, assumptions and judgments could significantly affect the information reported, and actual results may differ from the amounts included in the Consolidated Financial Statements and the Notes thereto. Furthermore, when the accounting treatment of a specific transaction is not addressed by any accounting standard or interpretation, the management of the Company applies its judgment to define and apply accounting policies that provide information consistent with the general IFRS concepts: faithful representation, relevance and materiality.

Changes in the Company structur

Changes in the Company structure	6 Months Ended
	Jun. 30, 2021
Changes in the Company structure
Changes in the Company structure	2) Changes in the Company structure 2.1) Main acquisitions and divestments Ø Integrated Gas, Renewables & Power ● In January 2021, TotalEnergies finalized the acquisition of a 20% minority interest in Adani Green Energy Limited (AGEL) from Adani Group. Adani Green Energy Limited (AGEL), a part of the Adani Group, has 14.6 GW of operating, under-construction and awarded renewable power projects catering to investment-grade counterparties. Ø Refining & Chemicals ● In February 2021, TotalEnergies finalized the sale of Lindsey refinery and its associated logistic assets, as well as all the related rights and obligations, to the Prax Group. 2.2) Divestment projects Ø Exploration & Production ● TotalEnergies has initiated the sale process of its 30.323% interest in the share capital of Petrocedeño in Venezuela. As mentioned in Note 8 Subsequent Events, this process led to the execution on July 9, 2021 of a Share Purchase Agreement with PDVSA. As of June 30, 2021, the assets have been classified as “assets classified as held for sale” for a null ● On July 30, 2020, TotalEnergies announced that its 58% owned affiliate Total Gabon has signed an agreement with Perenco to divest its interests in seven mature non-operated offshore fields, along with its interests and operatorship in the Cap Lopez oil terminal. The transaction remains subject to approval by the Gabonese authorities. As of June 30, 2021, the assets and liabilities have been respectively classified in the consolidated balance sheet as "assets classified as held for sale" for an amount of $398 million and “liabilities classified as held for sale” for an amount of $169 million. These assets mainly include tangible assets.

Business segment information

Business segment information	6 Months Ended
	Jun. 30, 2021
Business segment information
Business segment information	3) Business segment information Description of the business segments Financial information by business segment is reported in accordance with the internal reporting system and shows internal segment information that is used to manage and measure the performance of TotalEnergies and which is reviewed by the main operational decision-making body of the Company, namely the Executive Committee. The operational profit and assets are broken down by business segment prior to the consolidation and inter-segment adjustments. Sales prices between business segments approximate market prices. The organization of the Company’s activities is structured around the four followings segments: - an Exploration & Production segment; - an Integrated Gas, Renewables & Power segment comprising integrated gas (including LNG) and low carbon electricity businesses. It includes the upstream and midstream LNG activity; - a Refining & Chemicals segment constituting a major industrial hub comprising the activities of refining, petrochemicals and specialty chemicals. This segment also includes the activities of oil Supply, Trading and marine Shipping; - a Marketing & Services segment including the global activities of supply and marketing in the field of petroleum products; In addition the Corporate segment includes holdings operating and financial activities. Adjustment items Performance indicators excluding the adjustment items, such as adjusted operating income, adjusted net operating income, and adjusted net income are meant to facilitate the analysis of the financial performance and the comparison of income between periods. Adjustment items include: (i) Special items Due to their unusual nature or particular significance, certain transactions qualified as “special items” are excluded from the business segment figures. In general, special items relate to transactions that are significant, infrequent or unusual. However, in certain instances, transactions such as restructuring costs or assets disposals, which are not considered to be representative of the normal course of business, may be qualified as special items although they may have occurred within prior years or are likely to occur again within the coming years. (ii) The inventory valuation effect The adjusted results of the Refining & Chemicals and Marketing & Services segments are presented according to the replacement cost method. This method is used to assess the segments’ performance and facilitate the comparability of the segments’ performance with those of its competitors. In the replacement cost method, which approximates the LIFO (Last-In, First-Out) method, the variation of inventory values in the statement of income is, depending on the nature of the inventory, determined using either the month-end prices differential between one period and another or the average prices of the period rather than the historical value. The inventory valuation effect is the difference between the results according to the FIFO (First-In, First-Out) and the replacement cost methods. (iii) Effect of changes in fair value The effect of changes in fair value presented as adjustment items reflects for certain transactions differences between the internal measure of performance used by TotalEnergies’s management and the accounting for these transactions under IFRS. IFRS requires that trading inventories be recorded at their fair value using period end spot prices. In order to best reflect the management of economic exposure through derivative transactions, internal indicators used to measure performance include valuations of trading inventories based on forward prices. TotalEnergies, in its trading activities, enters into storage contracts, which future effects are recorded at fair value in the Company’s internal economic performance. IFRS precludes recognition of this fair value effect. Furthermore, TotalEnergies enters into derivative instruments to risk manage certain operational contracts or assets. Under IFRS, these derivatives are recorded at fair value while the underlying operational transactions are recorded as they occur. Internal indicators defer the fair value on derivatives to match with the transaction occurrence. The adjusted results (adjusted operating income, adjusted net operating income, adjusted net income) are defined as replacement cost results, adjusted for special items and the effect of changes in fair value. 3.1) Information by business segment ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 1 st half 2021 ​ Exploration ​ Integrated Gas, ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ ​ & ​ Renewables ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) Production & Power Chemicals Services Corporate Intercompany Total External sales 3,257 10,588 40,054 36,880 7 - 90,786 Intersegment sales 14,433 1,555 11,890 186 68 (28,132) - Excise taxes - - (630) (9,890) - - (10,520) Revenues from sales 17,690 12,143 51,314 27,176 75 (28,132) 80,266 Operating expenses (7,352) (10,321) (48,579) (25,510) (374) 28,132 (64,004) Depreciation, depletion and impairment of tangible assets and mineral interests (4,317) (762) (787) (526) (54) - (6,446) Operating income 6,021 1,060 1,948 1,140 (353) - 9,816 Net income (loss) from equity affiliates and other items (973) 682 211 23 (5) - (62) Tax on net operating income (2,375) (157) (561) (352) 54 - (3,391) Net operating income 2,673 1,585 1,598 811 (304) - 6,363 Net cost of net debt ​ (652) Non-controlling interests ​ (161) Net income - TotalEnergies share 5,550 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 1 st half 2021 (adjustments) (a) ​ Exploration ​ Integrated Gas, ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ ​ & ​ Renewables ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) Production & Power Chemicals Services Corporate Intercompany Total External sales - (44) - - - - (44) Intersegment sales - - - - - - - Excise taxes - - - - - - - Revenues from sales - (44) - - - - (44) Operating expenses (23) (62) 1,131 213 - - 1,259 Depreciation, depletion and impairment of tangible assets and mineral interests - (148) (13) - - - (161) Operating income (b) (23) (254) 1,118 213 - - 1,054 Net income (loss) from equity affiliates and other items (1,482) (96) 28 (43) (62) - (1,655) Tax on net operating income (10) 59 (302) (60) 2 - (311) Net operating income (b) (1,515) (291) 844 110 (60) - (912) Net cost of net debt ​ 10 Non-controlling interests ​ (14) Net income - TotalEnergies share ​ (916) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (a) Adjustments include special items, inventory valuation effect and the effect of changes in fair value. (b) Of which inventory valuation effect - On operating income - - 1,140 206 - - On net operating income - - 937 148 - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 1 st half 2021 (adjusted) ​ Exploration ​ Integrated Gas, ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ ​ & ​ Renewables ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) Production & Power Chemicals Services Corporate Intercompany Total External sales 3,257 10,632 40,054 36,880 7 - 90,830 Intersegment sales 14,433 1,555 11,890 186 68 (28,132) - Excise taxes - - (630) (9,890) - - (10,520) Revenues from sales 17,690 12,187 51,314 27,176 75 (28,132) 80,310 Operating expenses (7,329) (10,259) (49,710) (25,723) (374) 28,132 (65,263) Depreciation, depletion and impairment of tangible assets and mineral interests (4,317) (614) (774) (526) (54) - (6,285) Adjusted operating income 6,044 1,314 830 927 (353) - 8,762 Net income (loss) from equity affiliates and other items 509 778 183 66 57 - 1,593 Tax on net operating income (2,365) (216) (259) (292) 52 - (3,080) Adjusted net operating income 4,188 1,876 754 701 (244) - 7,275 Net cost of net debt ​ (662) Non-controlling interests ​ (147) Adjusted net income - TotalEnergies share ​ 6,466 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 1 st half 2021 ​ Exploration ​ Integrated Gas, ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ ​ & ​ Renewables ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) Production & Power Chemicals Services Corporate Intercompany Total Total expenditures 3,195 4,187 578 360 48 ​ 8,368 Total divestments 374 452 129 107 18 ​ 1,080 Cash flow from operating activities 8,571 1,347 3,228 1,102 (1,099) ​ 13,149 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 1 st half 2020 ​ Exploration ​ Integrated Gas, ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ ​ & ​ Renewables ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) Production & Power Chemicals Services Corporate Intercompany Total External sales 2,574 8,403 27,956 30,661 6 - 69,600 Intersegment sales 8,661 895 9,051 196 59 (18,862) - Excise taxes - - (1,119) (8,342) - - (9,461) Revenues from sales 11,235 9,298 35,888 22,515 65 (18,862) 60,139 Operating expenses (6,048) (8,398) (35,736) (21,730) (562) 18,862 (53,612) Depreciation, depletion and impairment of tangible assets and mineral interests (12,311) (1,616) (788) (473) (40) - (15,228) Operating income (7,124) (716) (636) 312 (537) - (8,701) Net income (loss) from equity affiliates and other items 440 420 (92) 32 164 - 964 Tax on net operating income (56) 330 203 (159) 2 - 320 Net operating income (6,740) 34 (525) 185 (371) - (7,417) Net cost of net debt ​ (1,003) Non-controlling interests ​ 85 Net income - TotalEnergies share ​ (8,335) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 1 st half 2020 (adjustments) (a) ​ Exploration ​ Integrated Gas, ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ ​ & ​ Renewables ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) Production & Power Chemicals Services Corporate Intercompany Total External sales - (16) - - - - (16) Intersegment sales - - - - - - - Excise taxes - - - - - - - Revenues from sales - (16) - - - - (16) Operating expenses (37) (318) (1,637) (341) (91) - (2,424) Depreciation, depletion and impairment of tangible assets and mineral interests (7,338) (953) - - - - (8,291) Operating income (b) (7,375) (1,287) (1,637) (341) (91) - (10,731) Net income (loss) from equity affiliates and other items 71 (292) (271) (5) - - (497) Tax on net operating income 70 374 426 100 12 - 982 Net operating income (b) (7,234) (1,205) (1,482) (246) (79) - (10,246) Net cost of net debt ​ (68) Non-controlling interests ​ 72 Net income - TotalEnergies share ​ (10,242) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (a) Adjustments include special items, inventory valuation effect and the effect of changes in fair value. (b) Of which inventory valuation effect - On operating income - ​ - (1,604) (234) - - On net operating income - - (1,371) (163) - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 1 st half 2020 (adjusted) ​ Exploration ​ Integrated Gas, ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ ​ & ​ Renewables ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) Production & Power Chemicals Services Corporate Intercompany Total External sales 2,574 8,419 27,956 30,661 6 - 69,616 Intersegment sales 8,661 895 9,051 196 59 (18,862) - Excise taxes - - (1,119) (8,342) - - (9,461) Revenues from sales 11,235 9,314 35,888 22,515 65 (18,862) 60,155 Operating expenses (6,011) (8,080) (34,099) (21,389) (471) 18,862 (51,188) Depreciation, depletion and impairment of tangible assets and mineral interests (4,973) (663) (788) (473) (40) - (6,937) Adjusted operating income 251 571 1,001 653 (446) - 2,030 Net income (loss) from equity affiliates and other items 369 712 179 37 164 - 1,461 Tax on net operating income (126) (44) (223) (259) (10) - (662) Adjusted net operating income 494 1,239 957 431 (292) - 2,829 Net cost of net debt ​ (935) Non-controlling interests ​ 13 Adjusted net income - TotalEnergies share ​ 1,907 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 1 st half 2020 ​ Exploration ​ Integrated Gas, ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ ​ & ​ Renewables ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) Production & Power Chemicals Services Corporate Intercompany Total Total expenditures 3,265 3,461 533 334 66 ​ 7,659 Total divestments 325 433 101 72 26 ​ 957 Cash flow from operating activities 4,833 900 (103) 420 (1,272) ​ 4,778 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2 nd quarter 2021 ​ Exploration ​ Integrated Gas, ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ ​ & ​ Renewables ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) Production & Power Chemicals Services Corporate Intercompany Total External sales 1,743 5,086 20,853 19,367 - - 47,049 Intersegment sales 7,855 744 6,369 108 39 (15,115) - Excise taxes - - (225) (5,191) - - (5,416) Revenues from sales 9,598 5,830 26,997 14,284 39 (15,115) 41,633 Operating expenses (4,284) (5,103) (25,646) (13,434) (207) 15,115 (33,559) Depreciation, depletion and impairment of tangible assets and mineral interests (2,134) (291) (396) (271) (29) - (3,121) Operating income 3,180 436 955 579 (197) - 4,953 Net income (loss) from equity affiliates and other items (1,243) 419 123 57 23 - (621) Tax on net operating income (1,195) (56) (281) (176) 16 - (1,692) Net operating income 742 799 797 460 (158) - 2,640 Net cost of net debt ​ (341) Non-controlling interests ​ (93) Net income - TotalEnergies share 2,206 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2 nd quarter 2021 (adjustments) (a) ​ Exploration ​ Integrated Gas, ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ ​ & ​ Renewables ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) Production & Power Chemicals Services Corporate Intercompany Total External sales - (9) ​ - - - - (9) Intersegment sales - - ​ - - - - - Excise taxes - - ​ - - - - - Revenues from sales - (9) ​ - - - - (9) Operating expenses (23) (54) ​ 386 71 - - 380 Depreciation, depletion and impairment of tangible assets and mineral interests - (3) ​ (13) - - - (16) Operating income (b) (23) (66) ​ 373 71 - - 355 Net income (loss) from equity affiliates and other items (1,436) (47) ​ 22 (8) (22) - (1,491) Tax on net operating income (12) 21 ​ (109) (20) - - (120) Net operating income (b) (1,471) (92) ​ 286 43 (22) - (1,256) Net cost of net debt ​ 4 Non-controlling interests ​ (5) Net income - TotalEnergies share ​ (1,257) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (a) Adjustments include special items, inventory valuation effect and the effect of changes in fair value. (b) Of which inventory valuation effect - On operating income - - 394 69 - - On net operating income - - 331 50 - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2 nd quarter 2021 (adjusted) ​ Exploration ​ Integrated Gas, ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ ​ & ​ Renewables ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) Production & Power Chemicals Services Corporate Intercompany Total External sales 1,743 5,095 20,853 19,367 - - 47,058 Intersegment sales 7,855 744 6,369 108 39 (15,115) - Excise taxes - - (225) (5,191) - - (5,416) Revenues from sales 9,598 5,839 26,997 14,284 39 (15,115) 41,642 Operating expenses (4,261) (5,049) (26,032) (13,505) (207) 15,115 (33,939) Depreciation, depletion and impairment of tangible assets and mineral interests (2,134) (288) (383) (271) (29) - (3,105) Adjusted operating income 3,203 502 582 508 (197) - 4,598 Net income (loss) from equity affiliates and other items 193 466 101 65 45 - 870 Tax on net operating income (1,183) (77) (172) (156) 16 - (1,572) Adjusted net operating income 2,213 891 511 417 (136) - 3,896 Net cost of net debt ​ (345) Non-controlling interests ​ (88) Adjusted net income - TotalEnergies share ​ 3,463 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2 nd quarter 2021 ​ Exploration ​ Integrated Gas, ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ ​ & ​ Renewables ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) Production & Power Chemicals Services Corporate Intercompany Total Total expenditures 1,830 1,167 291 222 22 ​ 3,532 Total divestments 63 310 13 36 6 ​ 428 Cash flow from operating activities 4,835 567 2,232 437 (520) ​ 7,551 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2 nd quarter 2020 ​ Exploration ​ Integrated Gas, ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ ​ & ​ Renewables ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) Production & Power Chemicals Services Corporate Intercompany Total External sales 992 3,313 9,433 11,986 6 - 25,730 Intersegment sales 3,097 301 2,956 ​ 107 31 (6,492) - Excise taxes - - (469) ​ (3,699) - - (4,168) Revenues from sales 4,089 3,614 11,920 8,394 37 (6,492) 21,562 Operating expenses (2,405) (3,406) (10,895) (7,931) (315) 6,492 (18,460) Depreciation, depletion and impairment of tangible assets and mineral interests (9,667) (1,282) (393) (229) (22) - (11,593) Operating income (7,983) (1,074) 632 234 (300) - (8,491) Net income (loss) from equity affiliates and other items 17 21 (35) 22 40 - 65 Tax on net operating income 398 322 (132) (127) (26) - 435 Net operating income (7,568) (731) 465 129 (286) - (7,991) Net cost of net debt ​ (431) Non-controlling interests ​ 53 Net income - TotalEnergies share ​ (8,369) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2 nd quarter 2020 (adjustments) (a) ​ Exploration ​ Integrated Gas, ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ ​ & ​ Renewables ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) Production & Power Chemicals Services Corporate Intercompany Total External sales - (18) - - - - (18) Intersegment sales - - - - - - - Excise taxes - - - - - - - Revenues from sales - (18) - - - - (18) Operating expenses (27) (199) (48) 5 (36) - (305) Depreciation, depletion and impairment of tangible assets and mineral interests (7,338) (953) - - - - (8,291) Operating income (b) (7,365) (1,170) (48) 5 (36) - (8,614) Net income (loss) from equity affiliates and other items (57) (217) (63) (5) - - (342) Tax on net operating income 63 330 1 - 12 - 406 Net operating income (b) (7,359) (1,057) (110) - (24) - (8,550) Net cost of net debt ​ 33 Non-controlling interests ​ 22 Net income - TotalEnergies share ​ (8,495) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (a) Adjustments include special items, inventory valuation effect and the effect of changes in fair value. (b) Of which inventory valuation effect - On operating income - - (26) (16) - - On net operating income - - (86) (9) - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2 nd quarter 2020 (adjusted) ​ Exploration ​ Integrated Gas, ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ ​ & ​ Renewables ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) Production & Power Chemicals Services Corporate Intercompany Total External sales 992 3,331 9,433 11,986 6 - 25,748 Intersegment sales 3,097 301 2,956 107 31 (6,492) - Excise taxes - - (469) (3,699) - - (4,168) Revenues from sales 4,089 3,632 11,920 8,394 37 (6,492) 21,580 Operating expenses (2,378) (3,207) (10,847) (7,936) (279) 6,492 (18,155) Depreciation, depletion and impairment of tangible assets and mineral interests (2,329) (329) (393) (229) (22) - (3,302) Adjusted operating income (618) 96 680 229 (264) - 123 Net income (loss) from equity affiliates and other items 74 238 28 27 40 - 407 Tax on net operating income 335 (8) (133) (127) (38) - 29 Adjusted net operating income (209) 326 575 129 (262) - 559 Net cost of net debt ​ (464) Non-controlling interests ​ 31 Adjusted net income - TotalEnergies share ​ 126 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2 nd quarter 2020 ​ Exploration ​ Integrated Gas, ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ ​ & ​ Renewables ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) Production & Power Chemicals Services Corporate Intercompany Total Total expenditures 1,606 1,170 307 174 21 ​ 3,278 Total divestments 204 89 22 26 9 ​ 350 Cash flow from operating activities 910 1,389 1,080 819 (719) ​ 3,479 ​ 3.2) Reconciliation of the information by business segment with consolidated financial statements ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consolidated 1 st half 2021 ​ ​ ​ ​ ​ statement of (M$) Adjusted Adjustments (a) income Sales ​ 90,830 ​ (44) ​ 90,786 Excise taxes (10,520) - (10,520) Revenues from sales 80,310 (44) 80,266 ​ ​ ​ ​ ​ ​ ​ Purchases net of inventory variation (51,397) 1,280 (50,117) Other operating expenses (13,576) (21) (13,597) Exploration costs (290) - (290) Depreciation, depletion and impairment of tangible assets and mineral interests (6,285) (161) (6,446) Other income 554 27 581 Other expense (334) (623) (957) ​ ​ ​ ​ ​ ​ ​ Financial interest on debt (967) - (967) Financial income and expense from cash & cash equivalents 156 16 172 Cost of net debt (811) 16 (795) ​ ​ ​ ​ ​ ​ ​ Other financial income 374 - 374 Other financial expense (261) - (261) ​ ​ ​ ​ ​ ​ ​ Net income (loss) from equity affiliates 1,260 (1,059) 201 ​ ​ ​ ​ ​ ​ ​ Income taxes (2,931) (317) (3,248) Consolidated net income 6,613 (902) 5,711 TotalEnergies share 6,466 (916) 5,550 Non-controlling interests 147 14 161 ​ (a) Adjustments include special items, inventory valuation effect and the effect of changes in fair value. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consolidated 1 st half 2020 ​ ​ ​ ​ ​ statement of (M$) Adjusted Adjustments (a) income Sales ​ 69,616 ​ (16) ​ 69,600 Excise taxes (9,461) - (9,461) Revenues from sales 60,155 (16) 60,139 ​ ​ ​ ​ ​ ​ ​ Purchases net of inventory variation (37,949) (2,144) (40,093) Other operating expenses (12,985) (280) (13,265) Exploration costs (254) - (254) Depreciation, depletion and impairment of tangible assets and mineral interests (6,937) (8,291) (15,228) Other income 820 122 942 Other expense (294) (234) (528) ​ ​ ​ ​ ​ ​ ​ Financial interest on debt (1,094) (5) (1,099) Financial income and expense from cash & cash equivalents (13) (92) (105) Cost of net debt (1,107) (97) (1,204) ​ ​ ​ ​ ​ ​ ​ Other financial income 607 - 607 Other financial expense (341) (1) (342) ​ ​ ​ ​ ​ ​ ​ Net income (loss) from equity affiliates 669 (384) 285 ​ ​ ​ ​ ​ ​ ​ Income taxes (490) 1,011 521 Consolidated net income 1,894 (10,314) (8,420) TotalEnergies share 1,907 (10,242) (8,335) Non-controlling interests (13) (72) (85) ​ (a) Adjustments include special items, inventory valuation effect and the effect of changes in fair value. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consolidated 2 nd quarter 2021 ​ ​ ​ ​ ​ statement (M$) Adjusted Adjustments (a) of income Sales 47,058 (9) 47,049 Excise taxes (5,416) - (5,416) Revenues from sales 41,642 (9) 41,633 ​ ​ ​ ​ ​ ​ ​ Purchases net of inventory variation (27,108) 389 (26,719) Other operating expenses (6,708) (9) (6,717) Exploration costs (123) - (123) Depreciation, depletion and impairment of tangible assets and mineral interests (3,105) (16) (3,121) Other income 138 85 223 Other expense (142) (156) (298) ​ ​ ​ ​ ​ ​ ​ Financial interest on debt (501) - (501) Financial income and expense from cash & cash equivalents 69 8 77 Cost of net debt (432) 8 (424) ​ ​ ​ ​ ​ ​ ​ Other financial income 265 - 265 Other financial expense (131) - (131) ​ ​ ​ ​ ​ ​ ​ Net income (loss) from equity affiliates 740 (1,420) (680) ​ ​ ​ ​ ​ ​ ​ Income taxes (1,485) (124) (1,609) Consolidated net income 3,551 (1,252) 2,299 TotalEnergies share 3,463 (1,257) 2,206 Non-controlling interests 88 5 93 ​ (a) Adjustments include special items, inventory valuation effect and the effect of changes in fair value. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consolidated 2 nd quarter 2020 ​ ​ ​ ​ ​ statement (M$) Adjusted Adjustments (a) of income Sales 25,748 (18) 25,730 Excise taxes (4,168) - (4,168) Revenues from sales 21,580 (18) 21,562 ​ ​ ​ ​ ​ ​ ​ Purchases net of inventory variation (11,842) (183) (12,025) Other operating expenses (6,199) (122) (6,321) Exploration costs (114) - (114) Depreciation, depletion and impairment of tangible assets and mineral interests (3,302) (8,291) (11,593) Other income 240 122 362 Other expense (103) (5) (108) ​ ​ ​ ​ ​ ​ ​ Financial interest on debt (527) (3) (530) Financial income and expense from cash & cash equivalents (3) 53 50 Cost of net debt (530) 50 (480) ​ ​ ​ ​ ​ ​ ​ Other financial income 419 - 419 Other financial expense (160) (1) (161) ​ ​ ​ ​ ​ ​ ​ Net income (loss) from equity affiliates 11 (458) (447) ​ ​ ​ ​ ​ ​ ​ Income taxes 95 389 484 Consolidated net income 95 (8,517) (8,422) TotalEnergies share 126 (8,495) (8,369) Non-controlling interests (31) (22) (53) ​ (a) Adjustments include special items, inventory valuation effect and the effect of changes in fair value. ​ 3.3) Adjustment items The detail of the adjustment items is presented in the table below. ADJUSTMENTS TO OPERATING INCOME ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Exploration ​ Integrated Gas, ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ & ​ Renewables ​ & ​ & ​ ​ ​ ​ (M$) ​ Production & Power Chemicals Services Corporate Total 2 nd quarter 2021 ​ Inventory valuation effect ​ - ​ - ​ 394 ​ 69 ​ - ​ 463 ​ ​ Effect of changes in fair value ​ - ​ (49) ​ - ​ - ​ - ​ (49) ​ Restructuring charges - (1) (8) - - (9) ​ Asset impairment charges - (3) (13) - - (16) ​ Other items (23) (13) - 2 - (34) Total ​ ​ (23) (66) 373 71 - 355 2 nd quarter 2020 Inventory valuation effect - ​ - ​ (26) ​ (16) ​ - ​ (42) ​ Effect of changes in fair value - ​ (100) ​ - ​ - ​ - ​ (100) ​ Restructuring charges - (10) (7) - - (17) ​ Asset impairment charges (7,338) (953) - - - (8,291) ​ Other items (27) (107) (15) 21 (36) (164) Total ​ ​ (7,365) (1,170) (48) 5 (36) (8,614) 1 st half 2021 Inventory valuation effect - - 1,140 206 - 1,346 ​ Effect of changes in fair value - (58) - - - (58) ​ Restructuring charges - (10) (8) - - (18) ​ Asset impairment charges - (148) (13) - - (161) ​ Other items (23) (38) (1) 7 - (55) Total ​ ​ (23) (254) 1,118 213 - 1,054 1 st half 2020 Inventory valuation effect - - (1,604) (234) - (1,838) ​ Effect of changes in fair value - (98) - - - (98) ​ Restructuring charges (10) (18) (7) - - (35) ​ Asset impairment charges (7,338) (953) - - - (8,291) ​ Other items (27) (218) (26) (107) (91) (469) Total ​ ​ (7,375) (1,287) (1,637) (341) (91) (10,731) ​ ​ ADJUSTMENTS TO NET INCOME, TotalEnergies SHARE ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Exploration ​ Integrated Gas, ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ & ​ Renewables ​ & ​ & ​ ​ ​ ​ (M$) ​ Production & Power Chemicals Services Corporate Total 2 nd quarter 2021 ​ Inventory valuation effect ​ - ​ - ​ 327 ​ 48 ​ - ​ 375 ​ ​ Effect of changes in fair value ​ - ​ (44) ​ - ​ - ​ - ​ (44) ​ Restructuring charges (44) (4) (32) (8) (22) (110) ​ Asset impairment charges - (36) (13) - - (49) ​ Gains (losses) on disposals of assets (1,379) * - - - - (1,379) ​ Other items (44) (7) - 1 - (50) Total ​ ​ (1,467) (91) 282 41 (22) (1,257) * Impact of the TotalEnergies' interest sale of Petrocedeño to PDVSA. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2 nd quarter 2020 Inventory valuation effect - ​ - ​ (83) ​ (11) ​ - ​ (94) ​ Effect of changes in fair value - ​ (80) ​ - ​ - ​ - ​ (80) ​ Restructuring charges - (10) (10) - - (20) ​ Asset impairment charges (7,272) (829) - - - (8,101) ​ Gains (losses) on disposals of assets - - ​ - - - - ​ Other items (77) (131) (14) 10 12 (200) Total ​ ​ (7,349) (1,050) (107) (1) 12 (8,495) 1 st half 2021 Inventory valuation effect - - 926 138 - 1,064 ​ Effect of changes in fair value - (50) - - - (50) ​ Restructuring charges (85) (12) (71) (43) (60) (271) ​ Asset impairment charges - (180) (13) - - (193) ​ Gains (losses) on disposals of assets (1,379) * - - - - (1,379) ​ Other items (41) (42) (9) 5 - (87) Total ​ ​ (1,505) (284) 833 100 (60) (916) * Impact of the TotalEnergies' interest sale of Petrocedeño to PDVSA. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 1 st half 2020 Inventory valuation effect - - (1,364) (144) - (1,508) ​ Effect of changes in fair value - (79) - - - (79) ​ Restructuring charges (3) (22) (75) - - (100) ​ Asset impairment charges (7,272) (829) - - - (8,101) ​ Gains (losses) on disposals of assets - - - - - - ​ Other items 51 (256) (36) (71) (142) (454) Total ​ ​ (7,224) (1,186) (1,475) (215) (142) (10,242) ​

Shareholders' equity

Shareholders' equity	6 Months Ended
	Jun. 30, 2021
Shareholders' equity.
Shareholders' equity	4) Shareholders’ equity Treasury shares (TotalEnergies shares held directly by TotalEnergies SE) ​ ​ ​ ​ Shares to be allocated as part of performance share grant plans ​ including the 2019 Plan 99,750 including other Plans 74,675 Total Treasury shares 174,425 ​ Dividend The Shareholders’ meeting of May 28, 2021 approved the distribution of a dividend of 2.64 euros per share for the 2020 fiscal year and the payment of a final dividend of 0.66 euro per share given the three interim dividends that had already been paid. The dividend for the fiscal year 2020 was paid according to the following timetable: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Dividend 2020 First interim Second interim Third interim Final Amount ​ € 0.66 ​ € 0.66 ​ € 0.66 ​ € 0.66 Set date ​ May 4, 2020 ​ July 29, 2020 ​ October 29, 2020 ​ May 28, 2021 Ex-dividend date ​ September 25, 2020 ​ January 4, 2021 ​ March 25, 2021 ​ June 24, 2021 Payment date ​ October 2, 2020 ​ January 11, 2021 ​ April 1, 2021 ​ July 1, 2021 ​ Furthermore, on July 28, 2021 the Board of Directors decided to set the second interim dividend for the fiscal year 2021 at 0.66 euro per share, equal to the first interim dividend. This second interim dividend will be paid in cash on January 13, 2022 (the ex-dividend date will be January 3, 2022). ​ ​ ​ ​ ​ ​ Dividend 2021 First interim Second interim Amount ​ € 0.66 ​ € 0.66 Set date ​ April 28, 2021 ​ July 28, 2021 Ex-dividend date ​ September 21, 2021 ​ January 3, 2022 Payment date ​ October 1, 2021 ​ January 13, 2022 ​ Earnings per share in Euro Earnings per share in Euro, calculated from the earnings per share in U.S. dollars converted at the average Euro/USD exchange rate for the period, amounted to € 0.66 per share for the 2 nd quarter 2021 ( € 1.03 per share for the 1 st quarter 2021 and € (2.98) per share for the 2 nd quarter 2020). Diluted earnings per share calculated using the same method amounted to € 0.66 per share for the 2 nd quarter 2021 ( € 1.02 per share for the 1st quarter 2021 and € (2.98) per share for the 2 nd quarter 2020). Earnings per share are calculated after remuneration of perpetual subordinated notes. Perpetual subordinated notes The Company issued perpetual subordinated notes in January 2021: - Perpetual subordinated notes 1.625% callable in January 2028, or in anticipation in October 2027 (EUR 1,500 million); and - Perpetual subordinated notes 2.125% callable in January 2033, or in anticipation in July 2032 (EUR 1,500 million). Following the two tender operations on perpetual subordinated notes 2.250% callable from February 2021 (carried out in April 2019 and September 2020 for EUR 1,500 million and EUR 703 million respectively), TotalEnergies SE fully reimbursed the residual nominal amount of this note at its first call date for an amount of EUR 297 million on February 26, 2021. Other comprehensive income Detail of other comprehensive income is presented in the table below: ​ ​ ​ ​ ​ ​ (M$) 1 st half 2021 1 st half 2020 Actuarial gains and losses 449 (223) ​ ​ ​ ​ ​ Change in fair value of investments in equity instruments 68 (74) ​ ​ ​ ​ ​ Tax effect (154) 86 Currency translation adjustment generated by the parent company (2,934) (196) Sub-total items not potentially reclassifiable to profit and loss (2,571) (407) ​ ​ ​ ​ ​ Currency translation adjustment 1,777 (940) - unrealized gain/(loss) of the period 1,898 (907) - less gain/(loss) included in net income 121 33 ​ ​ ​ ​ ​ Cash flow hedge 80 (1,293) - unrealized gain/(loss) of the period (56) (1,317) - less gain/(loss) included in net income (136) (24) ​ ​ ​ ​ ​ Variation of foreign currency basis spread (4) 70 - unrealized gain/(loss) of the period (29) 42 - less gain/(loss) included in net income (25) (28) ​ ​ ​ ​ ​ Share of other comprehensive income of equity affiliates, net amount 451 (927) - unrealized gain/(loss) of the period 449 (936) - less gain/(loss) included in net income (2) (9) ​ ​ ​ ​ ​ Other - 3 ​ ​ ​ ​ ​ Tax effect (57) 367 Sub-total items potentially reclassifiable to profit and loss 2,247 (2,720) Total other comprehensive income, net amount (324) (3,127) ​ Tax effects relating to each component of other comprehensive income are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 1 st half 2021 1 st half 2020 ​ ​ Pre-tax ​ ​ ​ ​ ​ ​ Pre-tax ​ ​ ​ ​ (M$) amount Tax effect Net amount amount Tax effect Net amount ​ Actuarial gains and losses ​ 449 ​ (141) ​ 308 ​ ​ (223) ​ 56 ​ (167) ​ Change in fair value of investments in equity instruments ​ 68 ​ (13) ​ 55 ​ ​ (74) ​ 30 ​ (44) ​ Currency translation adjustment generated by the parent company ​ (2,934) ​ - ​ (2,934) ​ ​ (196) ​ - ​ (196) ​ Sub-total items not potentially reclassifiable to profit and loss ​ (2,417) ​ (154) ​ (2,571) ​ ​ (493) ​ 86 ​ (407) ​ Currency translation adjustment ​ 1,777 ​ - ​ 1,777 ​ ​ (940) ​ - ​ (940) ​ Cash flow hedge ​ 80 ​ (55) ​ 25 ​ ​ (1,293) ​ 389 ​ (904) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Variation of foreign currency basis spread ​ (4) ​ (2) ​ (6) ​ ​ 70 ​ (22) ​ 48 ​ Share of other comprehensive income of equity affiliates, net amount ​ 451 ​ - ​ 451 ​ ​ (927) ​ - ​ (927) ​ Other ​ - ​ - ​ - ​ ​ 3 ​ - ​ 3 ​ Sub-total items potentially reclassifiable to profit and loss ​ 2,304 ​ (57) ​ 2,247 ​ ​ (3,087) ​ 367 ​ (2,720) ​ Total other comprehensive income ​ (113) ​ (211) ​ (324) ​ ​ (3,580) ​ 453 ​ (3,127) ​ ​

Financial debt

Financial debt	6 Months Ended
	Jun. 30, 2021
Financial debt
Financial debt	5) Financial debt The Company has not issued any new senior bond during the first six months of 2021. The Company reimbursed two senior bonds during the first six months of 2021: - - On April 2, 2020, the Company put in place a committed syndicated credit line with banking counterparties for an initial amount of USD 6,350 million and with a 12-month On April 1, 2021, the Company reimbursed in full the balance of this committed syndicated credit line for an amount of USD 2,646 million.

Related parties

Related parties	6 Months Ended
	Jun. 30, 2021
Related parties
Related parties	6) Related parties The related parties are mainly equity affiliates and non-consolidated investments. There were no major changes concerning transactions with related parties during the first six months of 2021.

Other risks and contingent liab

Other risks and contingent liabilities	6 Months Ended
	Jun. 30, 2021
Other risks and contingent liabilities
Other risks and contingent liabilities	7) Other risks and contingent liabilities TotalEnergies is not currently aware of any exceptional event, dispute, risks or contingent liabilities that could have a material impact on the assets and liabilities, results, financial position or operations of the TotalEnergies, other than those mentioned below. Yemen In Yemen, the deterioration of security conditions in the vicinity of the Balhaf site caused the company Yemen LNG, in which TotalEnergies holds a stake of 39.62%, to stop its commercial production and export of LNG and to declare force majeure to its various stakeholders in 2015. The plant has been put in preservation mode. Mozambique Considering the evolution of the security situation in the north of the Cabo Delgado province in Mozambique, TotalEnergies has confirmed on April 26, 2021 the withdrawal of all Mozambique LNG project personnel from the Afungi site. This situation led TotalEnergies, as operator of Mozambique LNG project, to declare force majeure.

Subsequent events

Subsequent events	6 Months Ended
	Jun. 30, 2021
Subsequent events
Subsequent events	8) Subsequent events On July 9, 2021, TotalEnergies executed a Share Purchase Agreement with PDVSA for the sale of its 30.323% interest in the share capital of Petrocedeño in Venezuela. The contractual conditions necessary to close this transaction are the approval of the Venezuelan Ministry of Petroleum (MINPET) and the approval of the Board of Directors of TotalEnergies SE. The Board of Directors of TotalEnergies SE approved this transaction on July 28, 2021.

Accounting policies (Policies)

Accounting policies (Policies)	6 Months Ended
	Jun. 30, 2021
Accounting policies
Basis of preparation of the consolidated financial statements	The consolidated financial statements are prepared in accordance with International Financial Reporting Standards (IFRS) as adopted by the European Union and IFRS as published by the International Accounting Standards Board (IASB). The interim consolidated financial statements of TotalEnergies SE and its subsidiaries (the Company) as of June 30, 2021, are presented in U.S. dollars and have been prepared in accordance with International Accounting Standard (IAS) 34 “Interim Financial Reporting”.
Accounting principles applied in the interim financial statements	The accounting principles applied for the consolidated financial statements at June 30, 2021, are consistent with those used for the financial statements at December 31, 2020. Since January 1, 2020, the Company has early adopted the amendments to IFRS 7 and IFRS 9 relating to the interest rate benchmark reform phase II. In particular, these amendments allow to maintain the hedge accounting qualification of interest rate derivatives.

Business segment information (T

Business segment information (Tables)	6 Months Ended
	Jun. 30, 2021
Business segment information
Schedule of information by business segment	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 1 st half 2021 ​ Exploration ​ Integrated Gas, ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ ​ & ​ Renewables ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) Production & Power Chemicals Services Corporate Intercompany Total External sales 3,257 10,588 40,054 36,880 7 - 90,786 Intersegment sales 14,433 1,555 11,890 186 68 (28,132) - Excise taxes - - (630) (9,890) - - (10,520) Revenues from sales 17,690 12,143 51,314 27,176 75 (28,132) 80,266 Operating expenses (7,352) (10,321) (48,579) (25,510) (374) 28,132 (64,004) Depreciation, depletion and impairment of tangible assets and mineral interests (4,317) (762) (787) (526) (54) - (6,446) Operating income 6,021 1,060 1,948 1,140 (353) - 9,816 Net income (loss) from equity affiliates and other items (973) 682 211 23 (5) - (62) Tax on net operating income (2,375) (157) (561) (352) 54 - (3,391) Net operating income 2,673 1,585 1,598 811 (304) - 6,363 Net cost of net debt ​ (652) Non-controlling interests ​ (161) Net income - TotalEnergies share 5,550 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 1 st half 2021 (adjustments) (a) ​ Exploration ​ Integrated Gas, ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ ​ & ​ Renewables ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) Production & Power Chemicals Services Corporate Intercompany Total External sales - (44) - - - - (44) Intersegment sales - - - - - - - Excise taxes - - - - - - - Revenues from sales - (44) - - - - (44) Operating expenses (23) (62) 1,131 213 - - 1,259 Depreciation, depletion and impairment of tangible assets and mineral interests - (148) (13) - - - (161) Operating income (b) (23) (254) 1,118 213 - - 1,054 Net income (loss) from equity affiliates and other items (1,482) (96) 28 (43) (62) - (1,655) Tax on net operating income (10) 59 (302) (60) 2 - (311) Net operating income (b) (1,515) (291) 844 110 (60) - (912) Net cost of net debt ​ 10 Non-controlling interests ​ (14) Net income - TotalEnergies share ​ (916) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (a) Adjustments include special items, inventory valuation effect and the effect of changes in fair value. (b) Of which inventory valuation effect - On operating income - - 1,140 206 - - On net operating income - - 937 148 - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 1 st half 2021 (adjusted) ​ Exploration ​ Integrated Gas, ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ ​ & ​ Renewables ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) Production & Power Chemicals Services Corporate Intercompany Total External sales 3,257 10,632 40,054 36,880 7 - 90,830 Intersegment sales 14,433 1,555 11,890 186 68 (28,132) - Excise taxes - - (630) (9,890) - - (10,520) Revenues from sales 17,690 12,187 51,314 27,176 75 (28,132) 80,310 Operating expenses (7,329) (10,259) (49,710) (25,723) (374) 28,132 (65,263) Depreciation, depletion and impairment of tangible assets and mineral interests (4,317) (614) (774) (526) (54) - (6,285) Adjusted operating income 6,044 1,314 830 927 (353) - 8,762 Net income (loss) from equity affiliates and other items 509 778 183 66 57 - 1,593 Tax on net operating income (2,365) (216) (259) (292) 52 - (3,080) Adjusted net operating income 4,188 1,876 754 701 (244) - 7,275 Net cost of net debt ​ (662) Non-controlling interests ​ (147) Adjusted net income - TotalEnergies share ​ 6,466 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 1 st half 2021 ​ Exploration ​ Integrated Gas, ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ ​ & ​ Renewables ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) Production & Power Chemicals Services Corporate Intercompany Total Total expenditures 3,195 4,187 578 360 48 ​ 8,368 Total divestments 374 452 129 107 18 ​ 1,080 Cash flow from operating activities 8,571 1,347 3,228 1,102 (1,099) ​ 13,149 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 1 st half 2020 ​ Exploration ​ Integrated Gas, ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ ​ & ​ Renewables ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) Production & Power Chemicals Services Corporate Intercompany Total External sales 2,574 8,403 27,956 30,661 6 - 69,600 Intersegment sales 8,661 895 9,051 196 59 (18,862) - Excise taxes - - (1,119) (8,342) - - (9,461) Revenues from sales 11,235 9,298 35,888 22,515 65 (18,862) 60,139 Operating expenses (6,048) (8,398) (35,736) (21,730) (562) 18,862 (53,612) Depreciation, depletion and impairment of tangible assets and mineral interests (12,311) (1,616) (788) (473) (40) - (15,228) Operating income (7,124) (716) (636) 312 (537) - (8,701) Net income (loss) from equity affiliates and other items 440 420 (92) 32 164 - 964 Tax on net operating income (56) 330 203 (159) 2 - 320 Net operating income (6,740) 34 (525) 185 (371) - (7,417) Net cost of net debt ​ (1,003) Non-controlling interests ​ 85 Net income - TotalEnergies share ​ (8,335) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 1 st half 2020 (adjustments) (a) ​ Exploration ​ Integrated Gas, ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ ​ & ​ Renewables ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) Production & Power Chemicals Services Corporate Intercompany Total External sales - (16) - - - - (16) Intersegment sales - - - - - - - Excise taxes - - - - - - - Revenues from sales - (16) - - - - (16) Operating expenses (37) (318) (1,637) (341) (91) - (2,424) Depreciation, depletion and impairment of tangible assets and mineral interests (7,338) (953) - - - - (8,291) Operating income (b) (7,375) (1,287) (1,637) (341) (91) - (10,731) Net income (loss) from equity affiliates and other items 71 (292) (271) (5) - - (497) Tax on net operating income 70 374 426 100 12 - 982 Net operating income (b) (7,234) (1,205) (1,482) (246) (79) - (10,246) Net cost of net debt ​ (68) Non-controlling interests ​ 72 Net income - TotalEnergies share ​ (10,242) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (a) Adjustments include special items, inventory valuation effect and the effect of changes in fair value. (b) Of which inventory valuation effect - On operating income - ​ - (1,604) (234) - - On net operating income - - (1,371) (163) - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 1 st half 2020 (adjusted) ​ Exploration ​ Integrated Gas, ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ ​ & ​ Renewables ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) Production & Power Chemicals Services Corporate Intercompany Total External sales 2,574 8,419 27,956 30,661 6 - 69,616 Intersegment sales 8,661 895 9,051 196 59 (18,862) - Excise taxes - - (1,119) (8,342) - - (9,461) Revenues from sales 11,235 9,314 35,888 22,515 65 (18,862) 60,155 Operating expenses (6,011) (8,080) (34,099) (21,389) (471) 18,862 (51,188) Depreciation, depletion and impairment of tangible assets and mineral interests (4,973) (663) (788) (473) (40) - (6,937) Adjusted operating income 251 571 1,001 653 (446) - 2,030 Net income (loss) from equity affiliates and other items 369 712 179 37 164 - 1,461 Tax on net operating income (126) (44) (223) (259) (10) - (662) Adjusted net operating income 494 1,239 957 431 (292) - 2,829 Net cost of net debt ​ (935) Non-controlling interests ​ 13 Adjusted net income - TotalEnergies share ​ 1,907 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 1 st half 2020 ​ Exploration ​ Integrated Gas, ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ ​ & ​ Renewables ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) Production & Power Chemicals Services Corporate Intercompany Total Total expenditures 3,265 3,461 533 334 66 ​ 7,659 Total divestments 325 433 101 72 26 ​ 957 Cash flow from operating activities 4,833 900 (103) 420 (1,272) ​ 4,778 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2 nd quarter 2021 ​ Exploration ​ Integrated Gas, ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ ​ & ​ Renewables ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) Production & Power Chemicals Services Corporate Intercompany Total External sales 1,743 5,086 20,853 19,367 - - 47,049 Intersegment sales 7,855 744 6,369 108 39 (15,115) - Excise taxes - - (225) (5,191) - - (5,416) Revenues from sales 9,598 5,830 26,997 14,284 39 (15,115) 41,633 Operating expenses (4,284) (5,103) (25,646) (13,434) (207) 15,115 (33,559) Depreciation, depletion and impairment of tangible assets and mineral interests (2,134) (291) (396) (271) (29) - (3,121) Operating income 3,180 436 955 579 (197) - 4,953 Net income (loss) from equity affiliates and other items (1,243) 419 123 57 23 - (621) Tax on net operating income (1,195) (56) (281) (176) 16 - (1,692) Net operating income 742 799 797 460 (158) - 2,640 Net cost of net debt ​ (341) Non-controlling interests ​ (93) Net income - TotalEnergies share 2,206 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2 nd quarter 2021 (adjustments) (a) ​ Exploration ​ Integrated Gas, ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ ​ & ​ Renewables ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) Production & Power Chemicals Services Corporate Intercompany Total External sales - (9) ​ - - - - (9) Intersegment sales - - ​ - - - - - Excise taxes - - ​ - - - - - Revenues from sales - (9) ​ - - - - (9) Operating expenses (23) (54) ​ 386 71 - - 380 Depreciation, depletion and impairment of tangible assets and mineral interests - (3) ​ (13) - - - (16) Operating income (b) (23) (66) ​ 373 71 - - 355 Net income (loss) from equity affiliates and other items (1,436) (47) ​ 22 (8) (22) - (1,491) Tax on net operating income (12) 21 ​ (109) (20) - - (120) Net operating income (b) (1,471) (92) ​ 286 43 (22) - (1,256) Net cost of net debt ​ 4 Non-controlling interests ​ (5) Net income - TotalEnergies share ​ (1,257) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (a) Adjustments include special items, inventory valuation effect and the effect of changes in fair value. (b) Of which inventory valuation effect - On operating income - - 394 69 - - On net operating income - - 331 50 - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2 nd quarter 2021 (adjusted) ​ Exploration ​ Integrated Gas, ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ ​ & ​ Renewables ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) Production & Power Chemicals Services Corporate Intercompany Total External sales 1,743 5,095 20,853 19,367 - - 47,058 Intersegment sales 7,855 744 6,369 108 39 (15,115) - Excise taxes - - (225) (5,191) - - (5,416) Revenues from sales 9,598 5,839 26,997 14,284 39 (15,115) 41,642 Operating expenses (4,261) (5,049) (26,032) (13,505) (207) 15,115 (33,939) Depreciation, depletion and impairment of tangible assets and mineral interests (2,134) (288) (383) (271) (29) - (3,105) Adjusted operating income 3,203 502 582 508 (197) - 4,598 Net income (loss) from equity affiliates and other items 193 466 101 65 45 - 870 Tax on net operating income (1,183) (77) (172) (156) 16 - (1,572) Adjusted net operating income 2,213 891 511 417 (136) - 3,896 Net cost of net debt ​ (345) Non-controlling interests ​ (88) Adjusted net income - TotalEnergies share ​ 3,463 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2 nd quarter 2021 ​ Exploration ​ Integrated Gas, ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ ​ & ​ Renewables ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) Production & Power Chemicals Services Corporate Intercompany Total Total expenditures 1,830 1,167 291 222 22 ​ 3,532 Total divestments 63 310 13 36 6 ​ 428 Cash flow from operating activities 4,835 567 2,232 437 (520) ​ 7,551 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2 nd quarter 2020 ​ Exploration ​ Integrated Gas, ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ ​ & ​ Renewables ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) Production & Power Chemicals Services Corporate Intercompany Total External sales 992 3,313 9,433 11,986 6 - 25,730 Intersegment sales 3,097 301 2,956 ​ 107 31 (6,492) - Excise taxes - - (469) ​ (3,699) - - (4,168) Revenues from sales 4,089 3,614 11,920 8,394 37 (6,492) 21,562 Operating expenses (2,405) (3,406) (10,895) (7,931) (315) 6,492 (18,460) Depreciation, depletion and impairment of tangible assets and mineral interests (9,667) (1,282) (393) (229) (22) - (11,593) Operating income (7,983) (1,074) 632 234 (300) - (8,491) Net income (loss) from equity affiliates and other items 17 21 (35) 22 40 - 65 Tax on net operating income 398 322 (132) (127) (26) - 435 Net operating income (7,568) (731) 465 129 (286) - (7,991) Net cost of net debt ​ (431) Non-controlling interests ​ 53 Net income - TotalEnergies share ​ (8,369) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2 nd quarter 2020 (adjustments) (a) ​ Exploration ​ Integrated Gas, ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ ​ & ​ Renewables ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) Production & Power Chemicals Services Corporate Intercompany Total External sales - (18) - - - - (18) Intersegment sales - - - - - - - Excise taxes - - - - - - - Revenues from sales - (18) - - - - (18) Operating expenses (27) (199) (48) 5 (36) - (305) Depreciation, depletion and impairment of tangible assets and mineral interests (7,338) (953) - - - - (8,291) Operating income (b) (7,365) (1,170) (48) 5 (36) - (8,614) Net income (loss) from equity affiliates and other items (57) (217) (63) (5) - - (342) Tax on net operating income 63 330 1 - 12 - 406 Net operating income (b) (7,359) (1,057) (110) - (24) - (8,550) Net cost of net debt ​ 33 Non-controlling interests ​ 22 Net income - TotalEnergies share ​ (8,495) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (a) Adjustments include special items, inventory valuation effect and the effect of changes in fair value. (b) Of which inventory valuation effect - On operating income - - (26) (16) - - On net operating income - - (86) (9) - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2 nd quarter 2020 (adjusted) ​ Exploration ​ Integrated Gas, ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ ​ & ​ Renewables ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) Production & Power Chemicals Services Corporate Intercompany Total External sales 992 3,331 9,433 11,986 6 - 25,748 Intersegment sales 3,097 301 2,956 107 31 (6,492) - Excise taxes - - (469) (3,699) - - (4,168) Revenues from sales 4,089 3,632 11,920 8,394 37 (6,492) 21,580 Operating expenses (2,378) (3,207) (10,847) (7,936) (279) 6,492 (18,155) Depreciation, depletion and impairment of tangible assets and mineral interests (2,329) (329) (393) (229) (22) - (3,302) Adjusted operating income (618) 96 680 229 (264) - 123 Net income (loss) from equity affiliates and other items 74 238 28 27 40 - 407 Tax on net operating income 335 (8) (133) (127) (38) - 29 Adjusted net operating income (209) 326 575 129 (262) - 559 Net cost of net debt ​ (464) Non-controlling interests ​ 31 Adjusted net income - TotalEnergies share ​ 126 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2 nd quarter 2020 ​ Exploration ​ Integrated Gas, ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ ​ & ​ Renewables ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) Production & Power Chemicals Services Corporate Intercompany Total Total expenditures 1,606 1,170 307 174 21 ​ 3,278 Total divestments 204 89 22 26 9 ​ 350 Cash flow from operating activities 910 1,389 1,080 819 (719) ​ 3,479
Schedule of reconciliation of the information by business segment with consolidated financial statements	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consolidated 1 st half 2021 ​ ​ ​ ​ ​ statement of (M$) Adjusted Adjustments (a) income Sales ​ 90,830 ​ (44) ​ 90,786 Excise taxes (10,520) - (10,520) Revenues from sales 80,310 (44) 80,266 ​ ​ ​ ​ ​ ​ ​ Purchases net of inventory variation (51,397) 1,280 (50,117) Other operating expenses (13,576) (21) (13,597) Exploration costs (290) - (290) Depreciation, depletion and impairment of tangible assets and mineral interests (6,285) (161) (6,446) Other income 554 27 581 Other expense (334) (623) (957) ​ ​ ​ ​ ​ ​ ​ Financial interest on debt (967) - (967) Financial income and expense from cash & cash equivalents 156 16 172 Cost of net debt (811) 16 (795) ​ ​ ​ ​ ​ ​ ​ Other financial income 374 - 374 Other financial expense (261) - (261) ​ ​ ​ ​ ​ ​ ​ Net income (loss) from equity affiliates 1,260 (1,059) 201 ​ ​ ​ ​ ​ ​ ​ Income taxes (2,931) (317) (3,248) Consolidated net income 6,613 (902) 5,711 TotalEnergies share 6,466 (916) 5,550 Non-controlling interests 147 14 161 ​ (a) Adjustments include special items, inventory valuation effect and the effect of changes in fair value. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consolidated 1 st half 2020 ​ ​ ​ ​ ​ statement of (M$) Adjusted Adjustments (a) income Sales ​ 69,616 ​ (16) ​ 69,600 Excise taxes (9,461) - (9,461) Revenues from sales 60,155 (16) 60,139 ​ ​ ​ ​ ​ ​ ​ Purchases net of inventory variation (37,949) (2,144) (40,093) Other operating expenses (12,985) (280) (13,265) Exploration costs (254) - (254) Depreciation, depletion and impairment of tangible assets and mineral interests (6,937) (8,291) (15,228) Other income 820 122 942 Other expense (294) (234) (528) ​ ​ ​ ​ ​ ​ ​ Financial interest on debt (1,094) (5) (1,099) Financial income and expense from cash & cash equivalents (13) (92) (105) Cost of net debt (1,107) (97) (1,204) ​ ​ ​ ​ ​ ​ ​ Other financial income 607 - 607 Other financial expense (341) (1) (342) ​ ​ ​ ​ ​ ​ ​ Net income (loss) from equity affiliates 669 (384) 285 ​ ​ ​ ​ ​ ​ ​ Income taxes (490) 1,011 521 Consolidated net income 1,894 (10,314) (8,420) TotalEnergies share 1,907 (10,242) (8,335) Non-controlling interests (13) (72) (85) ​ (a) Adjustments include special items, inventory valuation effect and the effect of changes in fair value. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consolidated 2 nd quarter 2021 ​ ​ ​ ​ ​ statement (M$) Adjusted Adjustments (a) of income Sales 47,058 (9) 47,049 Excise taxes (5,416) - (5,416) Revenues from sales 41,642 (9) 41,633 ​ ​ ​ ​ ​ ​ ​ Purchases net of inventory variation (27,108) 389 (26,719) Other operating expenses (6,708) (9) (6,717) Exploration costs (123) - (123) Depreciation, depletion and impairment of tangible assets and mineral interests (3,105) (16) (3,121) Other income 138 85 223 Other expense (142) (156) (298) ​ ​ ​ ​ ​ ​ ​ Financial interest on debt (501) - (501) Financial income and expense from cash & cash equivalents 69 8 77 Cost of net debt (432) 8 (424) ​ ​ ​ ​ ​ ​ ​ Other financial income 265 - 265 Other financial expense (131) - (131) ​ ​ ​ ​ ​ ​ ​ Net income (loss) from equity affiliates 740 (1,420) (680) ​ ​ ​ ​ ​ ​ ​ Income taxes (1,485) (124) (1,609) Consolidated net income 3,551 (1,252) 2,299 TotalEnergies share 3,463 (1,257) 2,206 Non-controlling interests 88 5 93 ​ (a) Adjustments include special items, inventory valuation effect and the effect of changes in fair value. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consolidated 2 nd quarter 2020 ​ ​ ​ ​ ​ statement (M$) Adjusted Adjustments (a) of income Sales 25,748 (18) 25,730 Excise taxes (4,168) - (4,168) Revenues from sales 21,580 (18) 21,562 ​ ​ ​ ​ ​ ​ ​ Purchases net of inventory variation (11,842) (183) (12,025) Other operating expenses (6,199) (122) (6,321) Exploration costs (114) - (114) Depreciation, depletion and impairment of tangible assets and mineral interests (3,302) (8,291) (11,593) Other income 240 122 362 Other expense (103) (5) (108) ​ ​ ​ ​ ​ ​ ​ Financial interest on debt (527) (3) (530) Financial income and expense from cash & cash equivalents (3) 53 50 Cost of net debt (530) 50 (480) ​ ​ ​ ​ ​ ​ ​ Other financial income 419 - 419 Other financial expense (160) (1) (161) ​ ​ ​ ​ ​ ​ ​ Net income (loss) from equity affiliates 11 (458) (447) ​ ​ ​ ​ ​ ​ ​ Income taxes 95 389 484 Consolidated net income 95 (8,517) (8,422) TotalEnergies share 126 (8,495) (8,369) Non-controlling interests (31) (22) (53) ​ (a) Adjustments include special items, inventory valuation effect and the effect of changes in fair value. ​
Schedule of detail of the adjustment items	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Exploration ​ Integrated Gas, ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ & ​ Renewables ​ & ​ & ​ ​ ​ ​ (M$) ​ Production & Power Chemicals Services Corporate Total 2 nd quarter 2021 ​ Inventory valuation effect ​ - ​ - ​ 394 ​ 69 ​ - ​ 463 ​ ​ Effect of changes in fair value ​ - ​ (49) ​ - ​ - ​ - ​ (49) ​ Restructuring charges - (1) (8) - - (9) ​ Asset impairment charges - (3) (13) - - (16) ​ Other items (23) (13) - 2 - (34) Total ​ ​ (23) (66) 373 71 - 355 2 nd quarter 2020 Inventory valuation effect - ​ - ​ (26) ​ (16) ​ - ​ (42) ​ Effect of changes in fair value - ​ (100) ​ - ​ - ​ - ​ (100) ​ Restructuring charges - (10) (7) - - (17) ​ Asset impairment charges (7,338) (953) - - - (8,291) ​ Other items (27) (107) (15) 21 (36) (164) Total ​ ​ (7,365) (1,170) (48) 5 (36) (8,614) 1 st half 2021 Inventory valuation effect - - 1,140 206 - 1,346 ​ Effect of changes in fair value - (58) - - - (58) ​ Restructuring charges - (10) (8) - - (18) ​ Asset impairment charges - (148) (13) - - (161) ​ Other items (23) (38) (1) 7 - (55) Total ​ ​ (23) (254) 1,118 213 - 1,054 1 st half 2020 Inventory valuation effect - - (1,604) (234) - (1,838) ​ Effect of changes in fair value - (98) - - - (98) ​ Restructuring charges (10) (18) (7) - - (35) ​ Asset impairment charges (7,338) (953) - - - (8,291) ​ Other items (27) (218) (26) (107) (91) (469) Total ​ ​ (7,375) (1,287) (1,637) (341) (91) (10,731) ​ ​ ADJUSTMENTS TO NET INCOME, TotalEnergies SHARE ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Exploration ​ Integrated Gas, ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ & ​ Renewables ​ & ​ & ​ ​ ​ ​ (M$) ​ Production & Power Chemicals Services Corporate Total 2 nd quarter 2021 ​ Inventory valuation effect ​ - ​ - ​ 327 ​ 48 ​ - ​ 375 ​ ​ Effect of changes in fair value ​ - ​ (44) ​ - ​ - ​ - ​ (44) ​ Restructuring charges (44) (4) (32) (8) (22) (110) ​ Asset impairment charges - (36) (13) - - (49) ​ Gains (losses) on disposals of assets (1,379) * - - - - (1,379) ​ Other items (44) (7) - 1 - (50) Total ​ ​ (1,467) (91) 282 41 (22) (1,257) * Impact of the TotalEnergies' interest sale of Petrocedeño to PDVSA. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2 nd quarter 2020 Inventory valuation effect - ​ - ​ (83) ​ (11) ​ - ​ (94) ​ Effect of changes in fair value - ​ (80) ​ - ​ - ​ - ​ (80) ​ Restructuring charges - (10) (10) - - (20) ​ Asset impairment charges (7,272) (829) - - - (8,101) ​ Gains (losses) on disposals of assets - - ​ - - - - ​ Other items (77) (131) (14) 10 12 (200) Total ​ ​ (7,349) (1,050) (107) (1) 12 (8,495) 1 st half 2021 Inventory valuation effect - - 926 138 - 1,064 ​ Effect of changes in fair value - (50) - - - (50) ​ Restructuring charges (85) (12) (71) (43) (60) (271) ​ Asset impairment charges - (180) (13) - - (193) ​ Gains (losses) on disposals of assets (1,379) * - - - - (1,379) ​ Other items (41) (42) (9) 5 - (87) Total ​ ​ (1,505) (284) 833 100 (60) (916) * Impact of the TotalEnergies' interest sale of Petrocedeño to PDVSA. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 1 st half 2020 Inventory valuation effect - - (1,364) (144) - (1,508) ​ Effect of changes in fair value - (79) - - - (79) ​ Restructuring charges (3) (22) (75) - - (100) ​ Asset impairment charges (7,272) (829) - - - (8,101) ​ Gains (losses) on disposals of assets - - - - - - ​ Other items 51 (256) (36) (71) (142) (454) Total ​ ​ (7,224) (1,186) (1,475) (215) (142) (10,242)

Shareholders' equity (Tables)

Shareholders' equity (Tables)	6 Months Ended
	Jun. 30, 2021
Shareholders' equity.
Schedule of treasury shares held	​ ​ ​ ​ Shares to be allocated as part of performance share grant plans ​ including the 2019 Plan 99,750 including other Plans 74,675 Total Treasury shares 174,425
Schedule of information about dividends paid	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Dividend 2020 First interim Second interim Third interim Final Amount ​ € 0.66 ​ € 0.66 ​ € 0.66 ​ € 0.66 Set date ​ May 4, 2020 ​ July 29, 2020 ​ October 29, 2020 ​ May 28, 2021 Ex-dividend date ​ September 25, 2020 ​ January 4, 2021 ​ March 25, 2021 ​ June 24, 2021 Payment date ​ October 2, 2020 ​ January 11, 2021 ​ April 1, 2021 ​ July 1, 2021 ​ ​ ​ ​ ​ ​ Dividend 2021 First interim Second interim Amount ​ € 0.66 ​ € 0.66 Set date ​ April 28, 2021 ​ July 28, 2021 Ex-dividend date ​ September 21, 2021 ​ January 3, 2022 Payment date ​ October 1, 2021 ​ January 13, 2022
Detail of other comprehensive income	​ ​ ​ ​ ​ ​ (M$) 1 st half 2021 1 st half 2020 Actuarial gains and losses 449 (223) ​ ​ ​ ​ ​ Change in fair value of investments in equity instruments 68 (74) ​ ​ ​ ​ ​ Tax effect (154) 86 Currency translation adjustment generated by the parent company (2,934) (196) Sub-total items not potentially reclassifiable to profit and loss (2,571) (407) ​ ​ ​ ​ ​ Currency translation adjustment 1,777 (940) - unrealized gain/(loss) of the period 1,898 (907) - less gain/(loss) included in net income 121 33 ​ ​ ​ ​ ​ Cash flow hedge 80 (1,293) - unrealized gain/(loss) of the period (56) (1,317) - less gain/(loss) included in net income (136) (24) ​ ​ ​ ​ ​ Variation of foreign currency basis spread (4) 70 - unrealized gain/(loss) of the period (29) 42 - less gain/(loss) included in net income (25) (28) ​ ​ ​ ​ ​ Share of other comprehensive income of equity affiliates, net amount 451 (927) - unrealized gain/(loss) of the period 449 (936) - less gain/(loss) included in net income (2) (9) ​ ​ ​ ​ ​ Other - 3 ​ ​ ​ ​ ​ Tax effect (57) 367 Sub-total items potentially reclassifiable to profit and loss 2,247 (2,720) Total other comprehensive income, net amount (324) (3,127) ​ Tax effects relating to each component of other comprehensive income are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 1 st half 2021 1 st half 2020 ​ ​ Pre-tax ​ ​ ​ ​ ​ ​ Pre-tax ​ ​ ​ ​ (M$) amount Tax effect Net amount amount Tax effect Net amount ​ Actuarial gains and losses ​ 449 ​ (141) ​ 308 ​ ​ (223) ​ 56 ​ (167) ​ Change in fair value of investments in equity instruments ​ 68 ​ (13) ​ 55 ​ ​ (74) ​ 30 ​ (44) ​ Currency translation adjustment generated by the parent company ​ (2,934) ​ - ​ (2,934) ​ ​ (196) ​ - ​ (196) ​ Sub-total items not potentially reclassifiable to profit and loss ​ (2,417) ​ (154) ​ (2,571) ​ ​ (493) ​ 86 ​ (407) ​ Currency translation adjustment ​ 1,777 ​ - ​ 1,777 ​ ​ (940) ​ - ​ (940) ​ Cash flow hedge ​ 80 ​ (55) ​ 25 ​ ​ (1,293) ​ 389 ​ (904) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Variation of foreign currency basis spread ​ (4) ​ (2) ​ (6) ​ ​ 70 ​ (22) ​ 48 ​ Share of other comprehensive income of equity affiliates, net amount ​ 451 ​ - ​ 451 ​ ​ (927) ​ - ​ (927) ​ Other ​ - ​ - ​ - ​ ​ 3 ​ - ​ 3 ​ Sub-total items potentially reclassifiable to profit and loss ​ 2,304 ​ (57) ​ 2,247 ​ ​ (3,087) ​ 367 ​ (2,720) ​ Total other comprehensive income ​ (113) ​ (211) ​ (324) ​ ​ (3,580) ​ 453 ​ (3,127) ​

Changes in the Company struct_2

Changes in the Company structure - Main acquisitions and divestments (Details)	1 Months Ended
	Jan. 31, 2021GW
Adani Green Energy Limited (AGEL)
Main acquisitions and divestments
Percentage of interest acquired	20.00%
Adani Green Energy Limited (AGEL)
Main acquisitions and divestments
Operating, under-construction and awarded renewable power projects held	14.6

Changes in the Company struct_3

Changes in the Company structure - Divestment projects (Details) $ in Millions	Jul. 09, 2021USD ($)	Jul. 30, 2020	Jun. 30, 2021USD ($)	Mar. 31, 2021USD ($)	Dec. 31, 2020USD ($)	Jun. 30, 2020USD ($)
Divestment projects
Asset classified as held for sale			$ 456	$ 396	$ 1,555	$ 421
Liabilities classified as held for sale			290	$ 161	$ 1,335	$ 328
Petrocedeno
Divestment projects
Proportion of ownership interest in associate	30.323%
Total Gabon
Divestment projects
Proportion of ownership interest held		58.00%
Mature non-operated offshore fields
Divestment projects
Asset classified as held for sale			398
Liabilities classified as held for sale			$ 169
Mature non-operated offshore fields | Total Gabon
Divestment projects
Number of mature non-operated offshore fields held for sale		7
Petrocedeno
Divestment projects
Loss on classification as held for sale	$ (1,380)
Asset classified as held for sale	$ 0

Business segment information -

Business segment information - Information by business segment (Details) $ in Millions	3 Months Ended			6 Months Ended
	Jun. 30, 2021USD ($)	Mar. 31, 2021USD ($)	Jun. 30, 2020USD ($)	Jun. 30, 2021USD ($)segment	Jun. 30, 2020USD ($)
Business segment information
Number of business segments | segment				4
Sales	$ 47,049	$ 43,737	$ 25,730	$ 90,786	$ 69,600
Excise taxes	(5,416)	(5,104)	(4,168)	(10,520)	(9,461)
Revenues from sales	41,633	38,633	21,562	80,266	60,139
Operating expenses	(33,559)		(18,460)	(64,004)	(53,612)
Depreciation, depletion and impairment of tangible assets and mineral interests	(3,121)	(3,325)	(11,593)	(6,446)	(15,228)
Operating income	4,953		(8,491)	9,816	(8,701)
Net income (loss) from equity affiliates and other items	(621)		65	(62)	964
Tax on net operating income	(1,692)		435	(3,391)	320
Net operating income	2,640		(7,991)	6,363	(7,417)
Net cost of net debt	(341)		(431)	(652)	(1,003)
Non-controlling interests	(93)	(68)	53	(161)	85
Net income - TotalEnergies share	2,206	3,344	(8,369)	5,550	(8,335)
Total expenditures	3,532	4,836	3,278	8,368	7,659
Total divestments	428	652	350	1,080	957
Cash flow from operating activities	7,551	$ 5,598	3,479	13,149	4,778
Intercompany
Business segment information
Sales	(15,115)		(6,492)	(28,132)	(18,862)
Revenues from sales	(15,115)		(6,492)	(28,132)	(18,862)
Operating expenses	15,115		6,492	28,132	18,862
Exploration & Production
Business segment information
Sales	1,743		992	3,257	2,574
Depreciation, depletion and impairment of tangible assets and mineral interests	(2,134)		(9,667)	(4,317)	(12,311)
Operating income	3,180		(7,983)	6,021	(7,124)
Net income (loss) from equity affiliates and other items	(1,243)		17	(973)	440
Tax on net operating income	(1,195)		398	(2,375)	(56)
Net operating income	742		(7,568)	2,673	(6,740)
Total expenditures	1,830		1,606	3,195	3,265
Total divestments	63		204	374	325
Cash flow from operating activities	4,835		910	8,571	4,833
Exploration & Production | Business segments and Corporate
Business segment information
Revenues from sales	9,598		4,089	17,690	11,235
Operating expenses	(4,284)		(2,405)	(7,352)	(6,048)
Exploration & Production | Intercompany
Business segment information
Sales	(7,855)		(3,097)	(14,433)	(8,661)
Integrated Gas, Renewables and Power
Business segment information
Sales	5,086		3,313	10,588	8,403
Depreciation, depletion and impairment of tangible assets and mineral interests	(291)		(1,282)	(762)	(1,616)
Operating income	436		(1,074)	1,060	(716)
Net income (loss) from equity affiliates and other items	419		21	682	420
Tax on net operating income	(56)		322	(157)	330
Net operating income	799		(731)	1,585	34
Total expenditures	1,167		1,170	4,187	3,461
Total divestments	310		89	452	433
Cash flow from operating activities	567		1,389	1,347	900
Integrated Gas, Renewables and Power | Business segments and Corporate
Business segment information
Revenues from sales	5,830		3,614	12,143	9,298
Operating expenses	(5,103)		(3,406)	(10,321)	(8,398)
Integrated Gas, Renewables and Power | Intercompany
Business segment information
Sales	(744)		(301)	(1,555)	(895)
Refining & Chemicals
Business segment information
Sales	20,853		9,433	40,054	27,956
Excise taxes	(225)		(469)	(630)	(1,119)
Depreciation, depletion and impairment of tangible assets and mineral interests	(396)		(393)	(787)	(788)
Operating income	955		632	1,948	(636)
Net income (loss) from equity affiliates and other items	123		(35)	211	(92)
Tax on net operating income	(281)		(132)	(561)	203
Net operating income	797		465	1,598	(525)
Total expenditures	291		307	578	533
Total divestments	13		22	129	101
Cash flow from operating activities	2,232		1,080	3,228	(103)
Refining & Chemicals | Business segments and Corporate
Business segment information
Revenues from sales	26,997		11,920	51,314	35,888
Operating expenses	(25,646)		(10,895)	(48,579)	(35,736)
Refining & Chemicals | Intercompany
Business segment information
Sales	(6,369)		(2,956)	(11,890)	(9,051)
Marketing & Services
Business segment information
Sales	19,367		11,986	36,880	30,661
Excise taxes	(5,191)		(3,699)	(9,890)	(8,342)
Depreciation, depletion and impairment of tangible assets and mineral interests	(271)		(229)	(526)	(473)
Operating income	579		234	1,140	312
Net income (loss) from equity affiliates and other items	57		22	23	32
Tax on net operating income	(176)		(127)	(352)	(159)
Net operating income	460		129	811	185
Total expenditures	222		174	360	334
Total divestments	36		26	107	72
Cash flow from operating activities	437		819	1,102	420
Marketing & Services | Business segments and Corporate
Business segment information
Revenues from sales	14,284		8,394	27,176	22,515
Operating expenses	(13,434)		(7,931)	(25,510)	(21,730)
Marketing & Services | Intercompany
Business segment information
Sales	(108)		(107)	(186)	(196)
Corporate
Business segment information
Sales			6	7	6
Depreciation, depletion and impairment of tangible assets and mineral interests	(29)		(22)	(54)	(40)
Operating income	(197)		(300)	(353)	(537)
Net income (loss) from equity affiliates and other items	23		40	(5)	164
Tax on net operating income	16		(26)	54	2
Net operating income	(158)		(286)	(304)	(371)
Total expenditures	22		21	48	66
Total divestments	6		9	18	26
Cash flow from operating activities	(520)		(719)	(1,099)	(1,272)
Corporate | Business segments and Corporate
Business segment information
Revenues from sales	39		37	75	65
Operating expenses	(207)		(315)	(374)	(562)
Corporate | Intercompany
Business segment information
Sales	(39)		(31)	(68)	(59)
Adjustments
Business segment information
Sales	(9)		(18)	(44)	(16)
Revenues from sales	(9)		(18)	(44)	(16)
Operating expenses	380		(305)	1,259	(2,424)
Depreciation, depletion and impairment of tangible assets and mineral interests	(16)		(8,291)	(161)	(8,291)
Operating income	355		(8,614)	1,054	(10,731)
Net income (loss) from equity affiliates and other items	(1,491)		(342)	(1,655)	(497)
Tax on net operating income	(120)		406	(311)	982
Net operating income	(1,256)		(8,550)	(912)	(10,246)
Net cost of net debt	4		33	10	(68)
Non-controlling interests	(5)		22	(14)	72
Net income - TotalEnergies share	(1,257)		(8,495)	(916)	(10,242)
Adjustments | Exploration & Production
Business segment information
Depreciation, depletion and impairment of tangible assets and mineral interests			(7,338)		(7,338)
Operating income	(23)		(7,365)	(23)	(7,375)
Net income (loss) from equity affiliates and other items	(1,436)		(57)	(1,482)	71
Tax on net operating income	(12)		63	(10)	70
Net operating income	(1,471)		(7,359)	(1,515)	(7,234)
Net income - TotalEnergies share	(1,467)		(7,349)	(1,505)	(7,224)
Adjustments | Exploration & Production | Business segments and Corporate
Business segment information
Operating expenses	(23)		(27)	(23)	(37)
Adjustments | Integrated Gas, Renewables and Power
Business segment information
Sales	(9)		(18)	(44)	(16)
Depreciation, depletion and impairment of tangible assets and mineral interests	(3)		(953)	(148)	(953)
Operating income	(66)		(1,170)	(254)	(1,287)
Net income (loss) from equity affiliates and other items	(47)		(217)	(96)	(292)
Tax on net operating income	21		330	59	374
Net operating income	(92)		(1,057)	(291)	(1,205)
Net income - TotalEnergies share	(91)		(1,050)	(284)	(1,186)
Adjustments | Integrated Gas, Renewables and Power | Business segments and Corporate
Business segment information
Revenues from sales	(9)		(18)	(44)	(16)
Operating expenses	(54)		(199)	(62)	(318)
Adjustments | Refining & Chemicals
Business segment information
Depreciation, depletion and impairment of tangible assets and mineral interests	(13)			(13)
Operating income	373		(48)	1,118	(1,637)
Net income (loss) from equity affiliates and other items	22		(63)	28	(271)
Tax on net operating income	(109)		1	(302)	426
Net operating income	286		(110)	844	(1,482)
Net income - TotalEnergies share	282		(107)	833	(1,475)
Adjustments | Refining & Chemicals | Business segments and Corporate
Business segment information
Operating expenses	386		(48)	1,131	(1,637)
Adjustments | Marketing & Services
Business segment information
Operating income	71		5	213	(341)
Net income (loss) from equity affiliates and other items	(8)		(5)	(43)	(5)
Tax on net operating income	(20)			(60)	100
Net operating income	43			110	(246)
Net income - TotalEnergies share	41		(1)	100	(215)
Adjustments | Marketing & Services | Business segments and Corporate
Business segment information
Operating expenses	71		5	213	(341)
Adjustments | Corporate
Business segment information
Operating income			(36)		(91)
Net income (loss) from equity affiliates and other items	(22)			(62)
Tax on net operating income			12	2	12
Net operating income	(22)		(24)	(60)	(79)
Net income - TotalEnergies share	(22)		12	(60)	(142)
Adjustments | Corporate | Business segments and Corporate
Business segment information
Operating expenses			(36)		(91)
Adjustments - Inventory valuation effect
Business segment information
Operating income	463		(42)	1,346	(1,838)
Net income - TotalEnergies share	375		(94)	1,064	(1,508)
Adjustments - Inventory valuation effect | Refining & Chemicals
Business segment information
Operating income	394		(26)	1,140	(1,604)
Net operating income	331		(86)	937	(1,371)
Net income - TotalEnergies share	327		(83)	926	(1,364)
Adjustments - Inventory valuation effect | Marketing & Services
Business segment information
Operating income	69		(16)	206	(234)
Net operating income	50		(9)	148	(163)
Net income - TotalEnergies share	48		(11)	138	(144)
Adjusted
Business segment information
Sales	47,058		25,748	90,830	69,616
Excise taxes	(5,416)		(4,168)	(10,520)	(9,461)
Revenues from sales	41,642		21,580	80,310	60,155
Operating expenses	(33,939)		(18,155)	(65,263)	(51,188)
Depreciation, depletion and impairment of tangible assets and mineral interests	(3,105)		(3,302)	(6,285)	(6,937)
Operating income	4,598		123	8,762	2,030
Net income (loss) from equity affiliates and other items	870		407	1,593	1,461
Tax on net operating income	(1,572)		29	(3,080)	(662)
Net operating income	3,896		559	7,275	2,829
Net cost of net debt	(345)		(464)	(662)	(935)
Non-controlling interests	(88)		31	(147)	13
Net income - TotalEnergies share	3,463		126	6,466	1,907
Adjusted | Intercompany
Business segment information
Sales	(15,115)		(6,492)	(28,132)	(18,862)
Revenues from sales	(15,115)		(6,492)	(28,132)	(18,862)
Operating expenses	15,115		6,492	28,132	18,862
Adjusted | Exploration & Production
Business segment information
Sales	1,743		992	3,257	2,574
Depreciation, depletion and impairment of tangible assets and mineral interests	(2,134)		(2,329)	(4,317)	(4,973)
Operating income	3,203		(618)	6,044	251
Net income (loss) from equity affiliates and other items	193		74	509	369
Tax on net operating income	(1,183)		335	(2,365)	(126)
Net operating income	2,213		(209)	4,188	494
Adjusted | Exploration & Production | Business segments and Corporate
Business segment information
Revenues from sales	9,598		4,089	17,690	11,235
Operating expenses	(4,261)		(2,378)	(7,329)	(6,011)
Adjusted | Exploration & Production | Intercompany
Business segment information
Sales	(7,855)		(3,097)	(14,433)	(8,661)
Adjusted | Integrated Gas, Renewables and Power
Business segment information
Sales	5,095		3,331	10,632	8,419
Depreciation, depletion and impairment of tangible assets and mineral interests	(288)		(329)	(614)	(663)
Operating income	502		96	1,314	571
Net income (loss) from equity affiliates and other items	466		238	778	712
Tax on net operating income	(77)		(8)	(216)	(44)
Net operating income	891		326	1,876	1,239
Adjusted | Integrated Gas, Renewables and Power | Business segments and Corporate
Business segment information
Revenues from sales	5,839		3,632	12,187	9,314
Operating expenses	(5,049)		(3,207)	(10,259)	(8,080)
Adjusted | Integrated Gas, Renewables and Power | Intercompany
Business segment information
Sales	(744)		(301)	(1,555)	(895)
Adjusted | Refining & Chemicals
Business segment information
Sales	20,853		9,433	40,054	27,956
Excise taxes	(225)		(469)	(630)	(1,119)
Depreciation, depletion and impairment of tangible assets and mineral interests	(383)		(393)	(774)	(788)
Operating income	582		680	830	1,001
Net income (loss) from equity affiliates and other items	101		28	183	179
Tax on net operating income	(172)		(133)	(259)	(223)
Net operating income	511		575	754	957
Adjusted | Refining & Chemicals | Business segments and Corporate
Business segment information
Revenues from sales	26,997		11,920	51,314	35,888
Operating expenses	(26,032)		(10,847)	(49,710)	(34,099)
Adjusted | Refining & Chemicals | Intercompany
Business segment information
Sales	(6,369)		(2,956)	(11,890)	(9,051)
Adjusted | Marketing & Services
Business segment information
Sales	19,367		11,986	36,880	30,661
Excise taxes	(5,191)		(3,699)	(9,890)	(8,342)
Depreciation, depletion and impairment of tangible assets and mineral interests	(271)		(229)	(526)	(473)
Operating income	508		229	927	653
Net income (loss) from equity affiliates and other items	65		27	66	37
Tax on net operating income	(156)		(127)	(292)	(259)
Net operating income	417		129	701	431
Adjusted | Marketing & Services | Business segments and Corporate
Business segment information
Revenues from sales	14,284		8,394	27,176	22,515
Operating expenses	(13,505)		(7,936)	(25,723)	(21,389)
Adjusted | Marketing & Services | Intercompany
Business segment information
Sales	(108)		(107)	(186)	(196)
Adjusted | Corporate
Business segment information
Sales			6	7	6
Depreciation, depletion and impairment of tangible assets and mineral interests	(29)		(22)	(54)	(40)
Operating income	(197)		(264)	(353)	(446)
Net income (loss) from equity affiliates and other items	45		40	57	164
Tax on net operating income	16		(38)	52	(10)
Net operating income	(136)		(262)	(244)	(292)
Adjusted | Corporate | Business segments and Corporate
Business segment information
Revenues from sales	39		37	75	65
Operating expenses	(207)		(279)	(374)	(471)
Adjusted | Corporate | Intercompany
Business segment information
Sales	$ (39)		$ (31)	$ (68)	$ (59)

Business segment information _2

Business segment information - Reconciliation with consolidated financial statements (Details) - USD ($) $ in Millions	3 Months Ended			6 Months Ended
	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2020	Jun. 30, 2021	Dec. 31, 2020	Jun. 30, 2020
Business segment information
Sales	$ 47,049	$ 43,737	$ 25,730	$ 90,786		$ 69,600
Excise taxes	(5,416)	(5,104)	(4,168)	(10,520)		(9,461)
Revenues from sales	41,633	38,633	21,562	80,266		60,139
Purchases, net of inventory variation	(26,719)	(23,398)	(12,025)	(50,117)		(40,093)
Other operating expenses	(6,717)	(6,880)	(6,321)	(13,597)		(13,265)
Exploration costs	(123)	(167)	(114)	(290)		(254)
Depreciation, depletion and impairment of tangible assets and mineral interests	(3,121)	(3,325)	(11,593)	(6,446)		(15,228)
Other income	223	358	362	581		942
Other expense	(298)	(659)	(108)	(957)		(528)
Financial interest on debt	(501)	(466)	(530)	(967)		(1,099)
Financial income and expense from cash & cash equivalents	77	95	50	172		(105)
Cost of net debt	(424)	(371)	(480)	(795)		(1,204)
Other financial income	265	109	419	374		607
Other financial expense	(131)	(130)	(161)	(261)		(342)
Net income (loss) from equity affiliates	(680)	881	(447)	201		285
Income taxes	(1,609)	(1,639)	484	(3,248)		521
Consolidated net income	2,299	3,412	(8,422)	5,711	$ 1,084	(8,420)
TotalEnergies share	2,206	3,344	(8,369)	5,550		(8,335)
Non-controlling interests	93	$ 68	(53)	161		(85)
Adjusted
Business segment information
Sales	47,058		25,748	90,830		69,616
Excise taxes	(5,416)		(4,168)	(10,520)		(9,461)
Revenues from sales	41,642		21,580	80,310		60,155
Purchases, net of inventory variation	(27,108)		(11,842)	(51,397)		(37,949)
Other operating expenses	(6,708)		(6,199)	(13,576)		(12,985)
Exploration costs	(123)		(114)	(290)		(254)
Depreciation, depletion and impairment of tangible assets and mineral interests	(3,105)		(3,302)	(6,285)		(6,937)
Other income	138		240	554		820
Other expense	(142)		(103)	(334)		(294)
Financial interest on debt	(501)		(527)	(967)		(1,094)
Financial income and expense from cash & cash equivalents	69		(3)	156		(13)
Cost of net debt	(432)		(530)	(811)		(1,107)
Other financial income	265		419	374		607
Other financial expense	(131)		(160)	(261)		(341)
Net income (loss) from equity affiliates	740		11	1,260		669
Income taxes	(1,485)		95	(2,931)		(490)
Consolidated net income	3,551		95	6,613		1,894
TotalEnergies share	3,463		126	6,466		1,907
Non-controlling interests	88		(31)	147		(13)
Adjustments
Business segment information
Sales	(9)		(18)	(44)		(16)
Revenues from sales	(9)		(18)	(44)		(16)
Purchases, net of inventory variation	389		(183)	1,280		(2,144)
Other operating expenses	(9)		(122)	(21)		(280)
Depreciation, depletion and impairment of tangible assets and mineral interests	(16)		(8,291)	(161)		(8,291)
Other income	85		122	27		122
Other expense	(156)		(5)	(623)		(234)
Financial interest on debt			(3)			(5)
Financial income and expense from cash & cash equivalents	8		53	16		(92)
Cost of net debt	8		50	16		(97)
Other financial expense			(1)			(1)
Net income (loss) from equity affiliates	(1,420)		(458)	(1,059)		(384)
Income taxes	(124)		389	(317)		1,011
Consolidated net income	(1,252)		(8,517)	(902)		(10,314)
TotalEnergies share	(1,257)		(8,495)	(916)		(10,242)
Non-controlling interests	$ 5		$ (22)	$ 14		$ (72)

Business segment information _3

Business segment information - Adjustment items (Details) - USD ($) $ in Millions	3 Months Ended			6 Months Ended
	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Business segment information
Operating income	$ 4,953		$ (8,491)	$ 9,816	$ (8,701)
Net income - TotalEnergies share	2,206	$ 3,344	(8,369)	5,550	(8,335)
Adjustments
Business segment information
Operating income	355		(8,614)	1,054	(10,731)
Net income - TotalEnergies share	(1,257)		(8,495)	(916)	(10,242)
Adjustments - Inventory valuation effect
Business segment information
Operating income	463		(42)	1,346	(1,838)
Net income - TotalEnergies share	375		(94)	1,064	(1,508)
Adjustments - Effect of changes in fair value
Business segment information
Operating income	(49)		(100)	(58)	(98)
Net income - TotalEnergies share	(44)		(80)	(50)	(79)
Adjustments - Restructuring charges
Business segment information
Operating income	(9)		(17)	(18)	(35)
Net income - TotalEnergies share	(110)		(20)	(271)	(100)
Adjustments - Asset impairment charges
Business segment information
Operating income	(16)		(8,291)	(161)	(8,291)
Net income - TotalEnergies share	(49)		(8,101)	(193)	(8,101)
Adjustments - Gains (losses) on disposals of assets
Business segment information
Net income - TotalEnergies share	(1,379)			(1,379)
Adjustments - Other items
Business segment information
Operating income	(34)		(164)	(55)	(469)
Net income - TotalEnergies share	(50)		(200)	(87)	(454)
Exploration & Production
Business segment information
Operating income	3,180		(7,983)	6,021	(7,124)
Exploration & Production | Adjustments
Business segment information
Operating income	(23)		(7,365)	(23)	(7,375)
Net income - TotalEnergies share	(1,467)		(7,349)	(1,505)	(7,224)
Exploration & Production | Adjustments - Restructuring charges
Business segment information
Operating income					(10)
Net income - TotalEnergies share	(44)			(85)	(3)
Exploration & Production | Adjustments - Asset impairment charges
Business segment information
Operating income			(7,338)		(7,338)
Net income - TotalEnergies share			(7,272)		(7,272)
Exploration & Production | Adjustments - Gains (losses) on disposals of assets
Business segment information
Net income - TotalEnergies share	(1,379)			(1,379)
Exploration & Production | Adjustments - Other items
Business segment information
Operating income	(23)		(27)	(23)	(27)
Net income - TotalEnergies share	(44)		(77)	(41)	51
Integrated Gas, Renewables and Power
Business segment information
Operating income	436		(1,074)	1,060	(716)
Integrated Gas, Renewables and Power | Adjustments
Business segment information
Operating income	(66)		(1,170)	(254)	(1,287)
Net income - TotalEnergies share	(91)		(1,050)	(284)	(1,186)
Integrated Gas, Renewables and Power | Adjustments - Effect of changes in fair value
Business segment information
Operating income	(49)		(100)	(58)	(98)
Net income - TotalEnergies share	(44)		(80)	(50)	(79)
Integrated Gas, Renewables and Power | Adjustments - Restructuring charges
Business segment information
Operating income	(1)		(10)	(10)	(18)
Net income - TotalEnergies share	(4)		(10)	(12)	(22)
Integrated Gas, Renewables and Power | Adjustments - Asset impairment charges
Business segment information
Operating income	(3)		(953)	(148)	(953)
Net income - TotalEnergies share	(36)		(829)	(180)	(829)
Integrated Gas, Renewables and Power | Adjustments - Other items
Business segment information
Operating income	(13)		(107)	(38)	(218)
Net income - TotalEnergies share	(7)		(131)	(42)	(256)
Refining & Chemicals
Business segment information
Operating income	955		632	1,948	(636)
Refining & Chemicals | Adjustments
Business segment information
Operating income	373		(48)	1,118	(1,637)
Net income - TotalEnergies share	282		(107)	833	(1,475)
Refining & Chemicals | Adjustments - Inventory valuation effect
Business segment information
Operating income	394		(26)	1,140	(1,604)
Net income - TotalEnergies share	327		(83)	926	(1,364)
Refining & Chemicals | Adjustments - Restructuring charges
Business segment information
Operating income	(8)		(7)	(8)	(7)
Net income - TotalEnergies share	(32)		(10)	(71)	(75)
Refining & Chemicals | Adjustments - Asset impairment charges
Business segment information
Operating income	(13)			(13)
Net income - TotalEnergies share	(13)			(13)
Refining & Chemicals | Adjustments - Other items
Business segment information
Operating income			(15)	(1)	(26)
Net income - TotalEnergies share			(14)	(9)	(36)
Marketing & Services
Business segment information
Operating income	579		234	1,140	312
Marketing & Services | Adjustments
Business segment information
Operating income	71		5	213	(341)
Net income - TotalEnergies share	41		(1)	100	(215)
Marketing & Services | Adjustments - Inventory valuation effect
Business segment information
Operating income	69		(16)	206	(234)
Net income - TotalEnergies share	48		(11)	138	(144)
Marketing & Services | Adjustments - Restructuring charges
Business segment information
Net income - TotalEnergies share	(8)			(43)
Marketing & Services | Adjustments - Other items
Business segment information
Operating income	2		21	7	(107)
Net income - TotalEnergies share	1		10	5	(71)
Corporate
Business segment information
Operating income	(197)		(300)	(353)	(537)
Corporate | Adjustments
Business segment information
Operating income			(36)		(91)
Net income - TotalEnergies share	(22)		12	(60)	(142)
Corporate | Adjustments - Restructuring charges
Business segment information
Net income - TotalEnergies share	$ (22)			$ (60)
Corporate | Adjustments - Other items
Business segment information
Operating income			(36)		(91)
Net income - TotalEnergies share			$ 12		$ (142)

Shareholders' equity - Treasury

Shareholders' equity - Treasury shares (Details) - TOTALEnergies SE	Jun. 30, 2021shares
Treasury shares	174,425
2019 Plan
Shares to be allocated as part of performance share grant plans	99,750
Other Plans
Shares to be allocated as part of performance share grant plans	74,675

Shareholders' equity - Dividend

Shareholders' equity - Dividend (Details) - € / shares	Jul. 28, 2021	Jul. 01, 2021	May 28, 2021	Apr. 28, 2021	Apr. 01, 2021	Jan. 11, 2021	Oct. 02, 2020
Dividend
Dividend approved for the 2020 fiscal year (in Euros per share)			€ 2.64
First interim
Dividend
Dividend paid (in Euros per share)							€ 0.66
Interim dividend set by Board of Directors (in Euros per share)				€ 0.66
Second interim
Dividend
Dividend paid (in Euros per share)						€ 0.66
Interim dividend set by Board of Directors (in Euros per share)	€ 0.66
Third interim
Dividend
Dividend paid (in Euros per share)					€ 0.66
Final
Dividend
Dividend paid (in Euros per share)		€ 0.66

Shareholders' equity - Earnings

Shareholders' equity - Earnings per share (Details)	3 Months Ended						6 Months Ended
	Jun. 30, 2021$ / shares	Jun. 30, 2021€ / shares	Mar. 31, 2021$ / shares	Mar. 31, 2021€ / shares	Jun. 30, 2020$ / shares	Jun. 30, 2020€ / shares	Jun. 30, 2021$ / shares	Jun. 30, 2020$ / shares
Earnings per share in euros
Earnings per share (in dollars or Euros per share) | (per share)	$ 0.80	€ 0.66	$ 1.24	€ 1.03	$ (3.27)	€ (2.98)	$ 2.04	$ (3.29)
Diluted earnings per share (in dollars or Euros per share) | (per share)	$ 0.80	€ 0.66	$ 1.23	€ 1.02	$ (3.27)	€ (2.98)	$ 2.03	$ (3.29)

Shareholders' equity - Perpetua

Shareholders' equity - Perpetual subordinated notes (Details) € in Millions	Feb. 26, 2021EUR (€)item	Jan. 31, 2021EUR (€)	Sep. 30, 2020EUR (€)	Apr. 30, 2019EUR (€)
Perpetual subordinated notes issued, 1.625%, callable in January 2028, or in anticipation in October 2027
Shareholders' equity
Interest rate (as percent)		1.625%
Principal amount		€ 1,500
Perpetual subordinated notes issued, 2.125%, callable in January 2033, or in anticipation in July 2032
Shareholders' equity
Interest rate (as percent)		2.125%
Principal amount		€ 1,500
Perpetual subordinated notes issued, 2.250% Callable from February 2021
Shareholders' equity
Number of tender | item	2
Interest rate (as percent)	2.25%
Principal amount			€ 703	€ 1,500
Reimbursement of residual amount	€ 297

Shareholders' equity - Other co

Shareholders' equity - Other comprehensive income (Details) - USD ($) $ in Millions	3 Months Ended			6 Months Ended
	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2020	Jun. 30, 2021	Dec. 31, 2020	Jun. 30, 2020
Shareholders' equity
Actuarial gains and losses	$ 449		$ (356)	$ 449		$ (223)
Change in fair value of investments in equity instruments	56	$ 12	90	68		(74)
Tax effect	(142)	(12)	101	(154)		86
Currency translation adjustment generated by the parent company	1,239	(4,173)	1,780	(2,934)		(196)
Items not potentially reclassifiable to profit and loss	1,602	(4,173)	1,615	(2,571)		(407)
Currency translation adjustment	(746)	2,523	(919)	1,777		(940)
Unrealized gain/(loss) of the period				1,898		(907)
Less gain/(loss) included in net income				121		33
Cash flow hedge	(424)	504	231	80		(1,293)
Unrealized gain/(loss) of the period				(56)		(1,317)
Less gain/(loss) included in net income				(136)		(24)
Variation of foreign currency basis spread	(4)		14	(4)		70
unrealized gain/(loss) of the period				(29)		42
less gain/(loss) included in net income				(25)		(28)
Share of other comprehensive income of equity affiliates, net amount	(18)	469	296	451		(927)
Unrealized gain/(loss) of the period				449		(936)
Less gain/(loss) included in net income				(2)		(9)
Other	(1)	1				3
Tax effect	100	(157)	(78)	(57)		367
Sub-total items potentially reclassifiable to profit and loss	(1,093)	3,340	(456)	2,247		(2,720)
Total other comprehensive income, net amount	$ 509	$ (833)	$ 1,159	$ (324)	$ 4,357	$ (3,127)

Shareholders' equity - Tax effe

Shareholders' equity - Tax effects of other comprehensive income (Details) - USD ($) $ in Millions	3 Months Ended			6 Months Ended
	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2020	Jun. 30, 2021	Dec. 31, 2020	Jun. 30, 2020
Pre-tax amount
Actuarial gains and losses	$ 449		$ (356)	$ 449		$ (223)
Change in fair value of investments in equity instruments	56	$ 12	90	68		(74)
Currency translation adjustment generated by the parent company	1,239	(4,173)	1,780	(2,934)		(196)
Sub-total items not potentially reclassifiable to profit and loss				(2,417)		(493)
Currency translation adjustment	(746)	2,523	(919)	1,777		(940)
Cash flow hedge	(424)	504	231	80		(1,293)
Variation of foreign currency basis spread	(4)		14	(4)		70
Share of other comprehensive income of equity affiliates, net amount				451		(927)
Other	(1)	1				3
Sub-total items potentially reclassifiable to profit and loss				2,304		(3,087)
Total other comprehensive income				(113)		(3,580)
Tax effect
Actuarial gains and losses				(141)		56
Change in fair value of investments in equity instruments				(13)		30
Sub-total items not potentially reclassifiable to profit and loss	(142)	(12)	101	(154)		86
Cash flow hedge				(55)		389
Variation of foreign currency basis spread				(2)		(22)
Sub-total items potential reclassifiable to profit and loss	100	(157)	(78)	(57)		367
Total other comprehensive income				(211)		453
Net amount
Actuarial gains and losses				308		(167)
Change in fair value of investments in equity instruments				55		(44)
Currency translation adjustment generated by the parent company	1,239	(4,173)	1,780	(2,934)		(196)
Items not potentially reclassifiable to profit and loss	1,602	(4,173)	1,615	(2,571)		(407)
Currency translation adjustment				1,777		(940)
Cash flow hedge				25		(904)
Variation of foreign currency basis spread				(6)		48
Share of other comprehensive income of equity affiliates, net amount	(18)	469	296	451		(927)
Other						3
Items potentially reclassifiable to profit and loss	(1,093)	3,340	(456)	2,247		(2,720)
Total other comprehensive income (net amount)	$ 509	$ (833)	$ 1,159	$ (324)	$ 4,357	$ (3,127)

Financial debt (Details)

Financial debt (Details) - USD ($) $ in Millions	Apr. 01, 2021	Apr. 02, 2020	Jun. 30, 2021
Bond 4.125% issued in 2011 and maturing in January 2021
Financial debt
Interest rate (as percent)			4.125%
Amount of bonds reimbursed			$ 500
Bond 2.750% issued in 2014 and maturing in June 2021
Financial debt
Interest rate (as percent)			2.75%
Amount of bonds reimbursed			$ 1,000
Syndicated credit line
Financial debt
Committed credit facilities granted by banks		$ 6,350
Borrowings term		12 months
Borrowings, period of extension option		6 months
Reimbursement of borrowing	$ 2,646

Other risks and contingent li_2

Other risks and contingent liabilities (Details)	6 Months Ended
	Jun. 30, 2021
Yemen LNG Company Limited
Disclosure of contingent liabilities
Stake held in associate (as a percent)	39.62%

Subsequent events (Details)

Subsequent events (Details)	Jul. 09, 2021
Petrocedeno
Subsequent events
Proportion of ownership interest in associate	30.323%