TotalEnergies SE (TTE) 20-F 25 Mar 22 2021 FY Annual report (foreign) Financial data

Document and Entity Information

Document and Entity Information	12 Months Ended
	Dec. 31, 2021shares
Statement
Entity Registrant Name	TotalEnergies SE
Entity Central Index Key	0000879764
Document Type	20-F
Document Period End Date	Dec. 31, 2021
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	FY
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Well-known Seasoned Issuer	Yes
Entity Common Stock, Shares Outstanding	2,640,429,329
Entity Shell Company	false
Entity Emerging Growth Company	false
Entity File Number	1-10888
Entity Incorporation, State or Country Code	I0
Entity Address, Address Line One	2, place Jean Millier
Entity Address, Address Line Two	La Défv
Entity Address, City or Town	Courbevoie
Entity Address, Country	FR
Entity Address, Postal Zip Code	92400
ICFR Auditor Attestation Flag	true
Document Annual Report	true
Document Transition Report	false
Document Shell Company Report	false
Document Registration Statement	false
Document Accounting Standard	International Financial Reporting Standards
Auditor Name	ERNST & YOUNG Audit and KPMG Audit, a division of KPMG S.A.
Auditor Location	Joint Auditors
Auditor Firm ID	999999
KPMG S.A.
Statement
Auditor Name	KPMG S.A.
Auditor Location	Paris-La Défense
Auditor Firm ID	1253
ERNST & YOUNG Audit
Statement
Auditor Name	ERNST & YOUNG Audit
Auditor Location	Paris-La Défense
Auditor Firm ID	1692
Business Contact
Statement
Entity Address, Address Line One	2, place Jean Millier
Entity Address, Address Line Two	La Défense 6
Entity Address, City or Town	Courbevoie
Entity Address, Country	FR
Entity Address, Postal Zip Code	92400
City Area Code	+33
Local Phone Number	(0)1 47 44 45 46
Contact Personnel Name	Jean-Pierre Sbraire
Common shares
Statement
Title of 12(b) Security	Shares
No Trading Symbol Flag	true
American Depositary Share
Statement
Title of 12(b) Security	American Depositary Shares
Security Exchange Name	NYSE
Trading Symbol	TTE

Consolidated statement of incom

Consolidated statement of income $ in Millions	12 Months Ended
	Dec. 31, 2021USD ($)$ / shares	Dec. 31, 2021€ / shares	Dec. 31, 2020USD ($)$ / shares	Dec. 31, 2020€ / shares	Dec. 31, 2019USD ($)$ / shares
Consolidated statement of income
Sales	$ 205,863		$ 140,685		$ 200,316
Excise taxes	(21,229)		(20,981)		(24,067)
Revenues from sales	184,634		119,704		176,249
Purchases, net of inventory variation	(118,622)		(77,486)		(116,221)
Other operating expenses	(26,894)		(25,538)		(27,255)
Exploration costs	(740)		(731)		(785)
Depreciation, depletion and impairment of tangible assets and mineral interests	(13,556)		(22,264)		(15,731)
Other income	1,312		2,237		1,163
Other expense	(2,317)		(1,506)		(1,192)
Financial interest on debt	(1,904)		(2,147)		(2,333)
Financial income and expense from cash & cash equivalents	379		37		(19)
Cost of net debt	(1,525)		(2,110)		(2,352)
Other financial income	762		914		792
Other financial expense	(539)		(690)		(764)
Net income (loss) from equity affiliates	3,438		452		3,406
Income taxes	(9,587)		(318)		(5,872)
CONSOLIDATED NET INCOME	16,366		(7,336)		11,438
TotalEnergies share	16,032		(7,242)		11,267
Non-controlling interests	$ 334		$ (94)		$ 171
Earnings per share (in dollars or Euros per share) | (per share)	$ 5.95	€ 5.03	$ (2.90)	€ (2.54)	$ 4.20
Fully-diluted earnings per share (in dollars or Euros per share) | (per share)	$ 5.92	€ 5.01	$ (2.90)	€ (2.54)	$ 4.17

Consolidated statement of compr

Consolidated statement of comprehensive income - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Consolidated statement of comprehensive income
Consolidated net income	$ 16,366	$ (7,336)	$ 11,438
Other comprehensive income
Actuarial gains and losses	1,035	(212)	(192)
Change in fair value of investments in equity instruments	66	533	142
Tax effect	(411)	65	53
Currency translation adjustment generated by the parent company	(7,202)	7,541	(1,533)
Items not potentially reclassifiable to profit and loss	(6,512)	7,927	(1,530)
Currency translation adjustment	4,216	(4,645)	740
Cash flow hedge	278	(313)	(599)
Variation of foreign currency basis spread	2	28	1
Share of other comprehensive income of equity affiliates, net amount	706	(1,831)	408
Other	(1)	(8)	(3)
Tax effect	(135)	72	202
Items potentially reclassifiable to profit and loss	5,066	(6,697)	749
Total other comprehensive income (net amount)	(1,446)	1,230	(781)
COMPREHENSIVE INCOME	14,920	(6,106)	10,657
TotalEnergies share	14,616	(6,312)	10,418
Non-controlling interests	$ 304	$ 206	$ 239

Consolidated balance sheet

Consolidated balance sheet $ in Millions	Dec. 31, 2021USD ($)	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)
Non-current assets
Intangible assets, net	$ 32,484	$ 33,528	$ 33,178
Property, plant and equipment, net	106,559	108,335	116,408
Equity affiliates: investments and loans	31,053	27,976	27,122
Other investments	1,625	2,007	1,778
Non-current financial assets	2,404	4,781	912
Deferred income taxes	5,400	7,016	6,216
Other non-current assets	2,797	2,810	2,415
Total non-current assets	182,322	186,453	188,029
Current assets
Inventories, net	19,952	14,730	17,132
Accounts receivable, net	21,983	14,068	18,488
Other current assets	35,144	13,428	17,013
Current financial assets	12,315	4,630	3,992
Cash and cash equivalents	21,342	31,268	27,352
Assets classified as held for sale	400	1,555	1,288
Total current assets	111,136	79,679	85,265
TOTAL ASSETS	293,458	266,132	273,294
Shareholders' equity
Common shares	8,224	8,267	8,123
Paid-in surplus and retained earnings	117,849	107,078	121,170
Currency translation adjustment	(12,671)	(10,256)	(11,503)
Treasury shares	(1,666)	(1,387)	(1,012)
Total shareholders' equity - TotalEnergies share	111,736	103,702	116,778
Non-controlling interests	3,263	2,383	2,527
Total shareholders' equity	114,999	106,085	119,305
Non-current liabilities
Deferred income taxes	10,904	10,326	11,858
Employee benefits	2,672	3,917	3,501
Provisions and other non-current liabilities	20,269	20,925	20,613
Non-current financial debt	49,512	60,203	47,773
Total non-current liabilities	83,357	95,371	83,745
Current liabilities
Accounts payable	36,837	23,574	28,394
Other creditors and accrued liabilities	42,800	22,465	25,749
Current borrowings	15,035	17,099	14,819
Other current financial liabilities	372	203	487
Liabilities directly associated with the assets classified as held for sale	58	1,335	795
Total current liabilities	95,102	64,676	70,244
TOTAL LIABILITIES & SHAREHOLDERS' EQUITY	$ 293,458	$ 266,132	$ 273,294

Consolidated statement of cash

Consolidated statement of cash flow - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
CASH FLOW FROM OPERATING ACTIVITIES
Consolidated net income	$ 16,366	$ (7,336)	$ 11,438
Depreciation, depletion, amortization and impairment	14,343	22,861	16,401
Non-current liabilities, valuation allowances, and deferred taxes	962	(1,782)	(58)
(Gains) losses on disposals of assets	(454)	(909)	(614)
Undistributed affiliates' equity earnings	(667)	948	(1,083)
(Increase) decrease in working capital	(616)	1,869	(1,718)
Other changes, net	476	(848)	319
Cash flow from operating activities	30,410	14,803	24,685
CASH FLOW USED IN INVESTING ACTIVITIES
Intangible assets and property, plant and equipment additions	(12,343)	(10,764)	(11,810)
Acquisitions of subsidiaries, net of cash acquired	(321)	(966)	(4,748)
Investments in equity affiliates and other securities	(2,678)	(2,120)	(1,618)
Increase in non-current loans	(1,247)	(1,684)	(1,061)
Total expenditures	(16,589)	(15,534)	(19,237)
Proceeds from disposals of intangible assets and property, plant and equipment	770	740	527
Proceeds from disposals of subsidiaries, net of cash sold	269	282	158
Proceeds from disposals of non-current investments	722	578	349
Repayment of non-current loans	1,172	855	1,026
Total divestments	2,933	2,455	2,060
Cash flow used in investing activities	(13,656)	(13,079)	(17,177)
CASH FLOW FROM FINANCING ACTIVITIES
Issuance (repayment) of shares: Parent company shareholders	381	374	452
Issuance (repayment) of shares: Treasury shares	(1,823)	(611)	(2,810)
Dividends paid: Parent company shareholders	(8,228)	(6,688)	(6,641)
Dividends paid: Non-controlling interests	(124)	(184)	(115)
Net issuance of perpetual subordinated notes	3,248	331
Payments on perpetual subordinated notes	(313)	(315)	(371)
Other transactions with non-controlling interests	652	(204)	10
Net issuance (repayment) of non-current debt	(359)	15,800	8,131
Increase (decrease) in current borrowings	(10,856)	(6,501)	(5,829)
Increase (decrease) in current financial assets and liabilities	(8,075)	(604)	(536)
Cash flow from / (used in) financing activities	(25,497)	1,398	(7,709)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	(8,743)	3,122	(201)
Effect of exchange rates	(1,183)	794	(354)
Cash and cash equivalents at the beginning of the period	31,268	27,352	27,907
CASH AND CASH EQUIVALENTS AT THE END OF THE PERIOD	$ 21,342	$ 31,268	$ 27,352

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, 2018	$ 115,640	$ 8,227	$ 120,569	$ (11,313)	$ (1,843)	$ 2,474	$ 118,114
Common shares issued as of the beginning of the period at Dec. 31, 2018		2,640,602,007			(32,473,281)
Net income	11,267		11,267			171	11,438
Other comprehensive income	(849)		(659)	(190)		68	(781)
COMPREHENSIVE INCOME	10,418		10,608	(190)		239	10,657
Dividend	(7,730)		(7,730)			(115)	(7,845)
Issuance of common shares	1,339	$ 74	1,265				1,339
Issuance of common shares (in shares)		26,388,503
Purchase of treasury shares	(2,810)				$ (2,810)		(2,810)
Purchase of treasury shares (in shares)					(52,389,336)
Sale of treasury shares			(219)		$ 219
Sale of treasury shares (in shares)					4,278,948
Share-based payments	207		207				207
Share cancellation		$ (178)	(3,244)		$ 3,422
Share cancellation (in shares)		(65,109,435)			65,109,435
Net issuance (repayment) of perpetual subordinated notes	(4)		(4)				(4)
Payments on perpetual subordinated notes	(353)		(353)				(353)
Other operations with non-controlling interests	55		55			(42)	13
Other items	16		16			(29)	(13)
Equity as of the end 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 end of the period at Dec. 31, 2019		2,601,881,075			(15,474,234)
Net income	(7,242)		(7,242)			(94)	(7,336)
Other comprehensive income	930		(321)	1,251		300	1,230
COMPREHENSIVE INCOME	(6,312)		(7,563)	1,251		206	(6,106)
Dividend	(7,899)		(7,899)			(234)	(8,133)
Issuance of common shares	1,614	$ 144	1,470				1,614
Issuance of common shares (in shares)		51,242,950
Purchase of treasury shares	(611)				$ (611)		(611)
Purchase of treasury shares (in shares)					(13,236,044)
Sale of treasury shares			(236)		$ 236
Sale of treasury shares (in shares)					4,317,575
Share-based payments	188		188				188
Net issuance (repayment) of perpetual subordinated notes	331		331				331
Payments on perpetual subordinated notes	(308)		(308)				(308)
Other operations with non-controlling interests	(65)		(61)	(4)		(117)	(182)
Other items	(14)		(14)			1	(13)
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)
Net income	16,032		16,032			334	16,366
Other comprehensive income	(1,416)		991	(2,407)		(30)	(1,446)
COMPREHENSIVE INCOME	14,616		17,023	(2,407)		304	14,920
Dividend	(8,200)		(8,200)			(124)	(8,324)
Issuance of common shares	381	$ 31	350				381
Issuance of common shares (in shares)		10,589,713
Purchase of treasury shares	(1,823)				$ (1,823)		(1,823)
Purchase of treasury shares (in shares)					(37,306,005)
Sale of treasury shares			(216)		$ 216
Sale of treasury shares (in shares)					4,573,195
Share-based payments	143		143				143
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	(368)		(368)				(368)
Other operations with non-controlling interests	24		30	(6)		689	713
Other items	7		9	(2)		11	18
Equity as of the end of the period at Dec. 31, 2021	$ 111,736	$ 8,224	$ 117,849	$ (12,671)	$ (1,666)	$ 3,263	$ 114,999
Common shares issued as of the end of the period at Dec. 31, 2021		2,640,429,329			(33,841,104)		2,640,429,329

Notes to the Consolidated Finan

Notes to the Consolidated Financial Statements	12 Months Ended
	Dec. 31, 2021
Notes to the Consolidated Financial Statements
Notes to the Consolidated Financial Statements	On March 16, 2022, the Board of Directors established and authorized the publication of the Consolidated Financial Statements of TotalEnergies SE for the year ended December 31, 2021, which will be submitted for approval to the Shareholders’ Meeting to be held on May 25, 2022. Basis of preparation of the consolidated financial statements ​ The Consolidated Financial Statements of TotalEnergies SE and its subsidiaries (the Company) are presented in U.S. dollars and have been prepared on the basis of IFRS (International Financial Reporting Standards) as adopted by the European Union and IFRS as issued by the IASB (International Accounting Standard Board) as of December 31, 2021. The accounting principles applied for the consolidated financial statements at December 31, 2021, were the same as those that were used for the financial statements at December 31, 2020, with the exception of new IFRS standards listed below which had not been early adopted by TotalEnergies. As of January 1, 2020, TotalEnergies 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. As part of this transition, TotalEnergies set up a working group in order to cover all aspects relating to the IBOR reform and is currently assessing the future impacts of these index changes. As of December 31, 2021, except for the index change on the remuneration of cash collateral with clearing houses, and the transition from the EONIA rate to the ESTR rate, whose impacts are not material, no other modification of the IBOR indices was applied on financial instruments used by TotalEnergies. The bonds and associated derivative instruments impacted by the reform are presented in Note 15.1 “Financial debt and derivative financial instruments”. Major judgments and accounting estimates ​ The preparation of financial statements in accordance with IFRS for the closing as of December 31, 2021 requires the General 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 General Management and therefore could be revised as circumstances change or as a result of new information. 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. The following summary provides further information about the key estimates, assumptions and judgments that are involved in preparing the Consolidated Financial Statements and the Notes thereto. It should be read in conjunction with the sections of the Notes mentioned in the summary. Estimation of hydrocarbon reserves The estimation of oil and gas reserves is a key factor in the Successful Efforts method used by TotalEnergies to account for its oil and gas activities. TotalEnergies’ oil and gas reserves are estimated by TotalEnergies’ petroleum engineers in accordance with industry standards and SEC ( U.S. Securities and Exchange Commission) Proved oil and gas reserves are those quantities of oil and gas, which, by analysis of geosciences and engineering data, can be determined with reasonable certainty to be recoverable (from a given date forward, from known reservoirs, and under existing economic conditions, operating methods, and government regulations), prior to the time at which contracts providing the rights to operate expire, unless evidence indicates that renewal is reasonably certain, regardless of whether deterministic or probabilistic methods are used for the estimation. Proved oil and gas reserves are calculated using a 12-month average price determined as the unweighted arithmetic average of the first-day-of-the-month price for each month of the relevant year unless prices are defined by contractual arrangements, excluding escalations based upon future conditions. TotalEnergies reassesses its oil and gas reserves at least once a year on all its properties. The Successful Efforts method and the mineral interests and property, plant and equipment of exploration and production are presented in Note 7 “Intangible and tangible assets”. Impairment of property, plant and equipment, intangible assets and goodwill As part of the determination of the recoverable value of assets for impairment (IAS 36), the estimates, assumptions and judgments mainly concern hydrocarbon prices scenarios, operating costs, production volumes and oil and gas proved and probable reserves, refining margins and product marketing conditions (mainly petroleum, petrochemical and chemical products as well as renewable industry products). The estimates and assumptions used by the executive management are determined in specialized internal departments in light of economic conditions and external expert analysis. The discount rate is reviewed annually. In 2020, in line with its new Climate Ambition announced on May 5, 2020, which aims at carbon neutrality, TotalEnergies had reviewed its oil assets that could be qualified as “stranded”, and therefore had decided to impair its oil sands assets in Canada. Impairment of assets and the method applied are described in Note 3 "Business segment information". Climate change and energy transition TotalEnergies supports the goals of the 2015 Paris Agreement, which calls for reducing greenhouse gas emissions in the context of sustainable development and the fight against poverty, and which aims to keep the increase in average global temperatures well below 2°C compared to pre-industrial levels. TotalEnergies wants to rise to the dual challenge of meeting the energy needs of a growing world population while reducing global warming, and play an active role in the transformation that is underway in the energy industry, by transforming itself and becoming a broad energy company, capable of producing and selling the low-carbon molecules and electrons that the energy transition needs. TotalEnergies has embedded the changing energy markets into its strategy by investing in renewables and electricity, developing the production of biofuels, biogas and low-carbon hydrogen, favoring the use of natural gas, the transition fuel whose flexibility offers a lower carbon alternative to coal for electricity production and helps to mitigate the intermittency of solar and wind energies, targeting its investments in low-cost and low-emission oil, and developing nature-based carbon storage solutions as well as CO 2 TotalEnergies is committed to reducing its carbon footprint caused by the production, processing and supply of energy to its customers. Although the pace of the transition will depend on public policy, consumption patterns and resulting demand, TotalEnergies has set itself the mission to offer its customers energy products that are affordable and generate less CO 2 TotalEnergies’ ambition is to get to Net Zero by 2050, across its production and energy products used by its customers (Scope 1+2+3), together with society. A resolution presenting this ambition to get to Net Zero and its 2030 targets was approved by the Combined Shareholders’ Meeting of May 28, 2021. It also states TotalEnergies’ principles for capital expenditure allocation: - TotalEnergies evaluates the solidity of its portfolio, including new material capital expenditure investments, on the basis of relevant scenarios. Each material capex investment, including in the exploration, acquisition or development of oil and gas resources, as well as in other energies and technologies, is subject to an evaluation that takes into consideration the objectives of the Paris Agreement. - In order to evaluate the resilience of its portfolio, TotalEnergies works on the basis of a long-term oil and gas price scenario compatible with the objectives of the Paris Agreement. As described in note 3.D “Asset impairment”, the price trajectory retained for oil by the Company for the computation of its impairments converges in 2040 towards the $50 2022 2022 For investments in new upstream oil projects, TotalEnergies puts the priority on developing low-cost projects (typically less than $20/b for operating costs plus investment costs) and low-breakeven projects (typically $30/b, taxes included). Although CO 2 2 The strategy is implemented in the long-term plan of the Company, which is forecasted for a 5-year period, updated every year, and approved by the Board of Directors. It reflects the economic environment, the ambition of the Company on carbon neutrality (Net Zero emissions) together with society, the related targets by 2030 and the current dynamics of energy transition, knowing that there is still significant uncertainty on the path to energy transition that the various countries will take. The financial statements of TotalEnergies are prepared in coherence with the main technical and economic assumptions of the long-term plan and the objectives stated above. They are also sensitive to various environmental considerations, including oil & gas prices and refining margins, as well as technical parameters, such as the estimation of hydrocarbons reserves. In particular, the selected assumptions and estimates have an impact on hydrocarbons reserves, the useful life of assets, the impairment of assets and provisions, and are described in the following notes to the consolidated financial statements: 3.D “Asset impairment”, 7 “Intangible and tangible assets”, 12 “Provisions and other non-current liabilities”. Employee benefits The benefit obligations and plan assets can be subject to significant volatility due in part to changes in market values and actuarial assumptions. These assumptions vary between different pension plans and thus take into account local conditions. They are determined following a formal process involving expertise and TotalEnergies internal judgments, in financial and actuarial terms, and also in consultation with actuaries and independent experts. The assumptions for each plan are reviewed annually and adjusted if necessary to reflect changes from the experience and actuarial advice. The discount rate is reviewed quarterly. Payroll, staff and employee benefits obligations and the method applied are described in Note 10 “Payroll, staff and employee benefits obligations”. Asset retirement obligations Asset retirement obligations, which result from a legal or constructive obligation, are recognized based on a reasonable estimate in the period in which the obligation arises. This estimate is based on information available in terms of costs and work program. It is regularly reviewed to take into account the changes in laws and regulations, the estimates of reserves and production, the analysis of site conditions and technologies. The discount rate is reviewed annually. Asset retirement obligations and the method used are described in Note 12 “Provisions and other non-current liabilities”. Income Taxes A tax liability is recognized when in application of a tax regulation, a future payment is considered probable and can be reasonably estimated. The exercise of judgment is required to assess the impact of new events on the amount of the liability. Deferred tax assets are recognized in the accounts to the extent that their recovery is considered probable. The amount of these assets is determined after taking into account deferred tax liabilities with comparable maturity, arising from the same entities and tax regimes. It takes into account existing taxable profits and future taxable profits which estimation is inherently uncertain and subject to change over time. The exercise of judgment is required to assess the impact of new events on the value of these assets and including changes in estimates of future taxable profits and the deadlines for their use. In addition, these tax positions may depend on interpretations of tax laws and regulations in the countries where TotalEnergies operates. These interpretations may have uncertain nature. Depending on the circumstances, they are final only after negotiations or resolution of disputes with authorities that can last several years. Incomes taxes and the accounting methods are described in Note 11 “Income taxes”. Judgments in case of transactions not addressed by any accounting standard or interpretation ​ Furthermore, when the accounting treatment of a specific transaction is not addressed by any accounting standard or interpretation, the management applies its judgment to define and apply accounting policies that provide information consistent with the general IFRS concepts: faithful representation, relevance and materiality.

General accounting principles

General accounting principles	12 Months Ended
	Dec. 31, 2021
General accounting principles
General accounting principles	Note 1 General accounting principles ​ 1.1 Accounting principles A) Principles of consolidation Entities that are directly controlled by the parent company or indirectly controlled by other consolidated entities are fully consolidated. Investments in joint ventures are consolidated under the equity method. TotalEnergies accounts for joint operations by recognizing its share of assets, liabilities, income and expenses. Investments in associates, in which TotalEnergies has significant influence, are accounted for by the equity method. Significant influence is presumed when TotalEnergies holds, directly or indirectly (e.g. through subsidiaries), 20% or more of the voting rights. Companies in which ownership interest is less than 20%, but over which TotalEnergies is deemed to exercise significant influence, are also accounted for by the equity method. All internal balances, transactions and income are eliminated. B) Business combinations Business combinations are accounted for using the acquisition method. This method requires the recognition of the acquired identifiable assets and assumed liabilities of the companies acquired by TotalEnergies at their fair value. The purchase accounting of the acquisition is finalized up to a maximum of one year from the acquisition date. The acquirer shall recognize goodwill at the acquisition date, being the excess of: - The consideration transferred, the amount of non-controlling interests and, in business combinations achieved in stages, the fair value at the acquisition date of the investment previously held in the acquired company; - Over the fair value at the acquisition date of acquired identifiable assets and assumed liabilities. If the consideration transferred is lower than the fair value of acquired identifiable assets and assumed liabilities, an additional analysis is performed on the identification and valuation of the identifiable elements of the assets and liabilities. After having completed such additional analysis, any negative goodwill is recorded as income. Non-controlling interests are measured either at their proportionate share in the net assets of the acquired company or at fair value. In transactions with non-controlling interests, the difference between the price paid (received) and the book value of non-controlling interests acquired (sold) is recognized directly in equity. C) Foreign currency translation The presentation currency of TotalEnergies’ Consolidated Financial Statements is the US dollar. However, the functional currency of the parent company is the euro. The resulting currency translation adjustments are presented on the line "currency translation adjustment generated by the parent company" of the consolidated statement of comprehensive income, within "items not potentially reclassifiable to profit and loss". In the balance sheet, they are recorded in "currency translation adjustment". The financial statements of subsidiaries are prepared in the currency that most clearly reflects their business environment. This is referred to as their functional currency. Since July 1, 2018, Argentina is considered to be hyperinflationary. IAS 29 "Financial Reporting in Hyperinflationary Economies" is applicable to entities whose functional currency is the Argentine peso. The functional currency of the Argentine Exploration & Production subsidiary is the US dollar, therefore IAS 29 has no incidence on TotalEnergies accounts. Net asset of the other business segments is not significant. (i) Monetary transactions Transactions denominated in currencies other than the functional currency of the entity are translated at the exchange rate on the transaction date. At each balance sheet date, monetary assets and liabilities are translated at the closing rate and the resulting exchange differences are recognized in the statement of income. (ii) Translation of financial statements Assets and liabilities of entities denominated in currencies other than dollar are translated into dollar on the basis of the exchange rates at the end of the period. The income and cash flow statements are translated using the average exchange rates for the period. Foreign exchange differences resulting from such translations are either recorded in shareholders’ equity under “Currency translation adjustments” (for TotalEnergies share) or under “Non-controlling interests” (for the share of non-controlling interests) as deemed appropriate . 1.2 Significant accounting principles applicable in the future The expected impact of the standards or interpretations published respectively by the International Accounting Standards Board (IASB) and the International Financial Reporting Standards Interpretations Committee (IFRS IC) which were not yet in effect at December 31, 2021, is not material.

Changes in TotalEnergies' perim

Changes in TotalEnergies' perimeter	12 Months Ended
	Dec. 31, 2021
Changes in TotalEnergies' perimeter
Changes in TotalEnergies' perimeter	Note 2 Changes in TotalEnergies’ perimeter ​ 2.1 MAIN ACQUISITIONS AND DIVESTMENTS In 2021, the main changes in TotalEnergies perimeter were as follows: 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) is an affiliate of the Indian Group Adani, which is the first solar project developer of the world. - In July 2021, TotalEnergies completed a transaction with GIP in relation to the downstream facilities of the Gladstone LNG Project owned by its subsidiary TotalEnergies GLNG Australia (TGA), for a consideration of more than $750 million (with effective date January 1, 2021). As part of this transaction, GIP will receive a throughput-based tolling fee calculated on TGA’s share of gas processed through the downstream facilities over a period of 15 years. TGA retains full control and ownership of its 27.5% interest in the Gladstone LNG Downstream Joint Venture. This transaction was treated as a sale of a non-controlling interest sale in the financial statements. Exploration & Production - In July 2021, TotalEnergies, through its affiliate Total Venezuela, transferred its stake of 30.32% in Petrocedeño S.A. to Corporation Venezonala de Petróleos (CVP), an affiliate of Petróleos de Venezuela (PDVSA). This transaction carried out for a symbolic amount in exchange of a broad indemnity in relation to the past and future participation of TotalEnergies’ in Petrocedeño, resulted in the recognition of a loss of $1.38 billion in the financial statements of TotalEnergies. - In December 2021, Total Gabon, TotalEnergies' 58% owned affiliate, finalized the sale agreement with Perenco of its interests in seven mature non-operated offshore fields, along with its interests and operatorship in the Cap Lopez oil terminal. 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 MAJOR BUSINESS COMBINATIONS Accounting principles In accordance with IFRS 3 “Business combinations”, TotalEnergies is assessing the fair value of identifiable acquired assets, liabilities and contingent liabilities on the basis of available information. This assessment will be finalised within 12 months following the acquisition date. ​ In 2021, no significant business combination was recorded in TotalEnergies' financial statements. 2.3 DIVESTMENT PROJECTS Accounting principles Pursuant to IFRS 5 "Non-current assets held for sale and discontinued operations”, assets and liabilities of affiliates that are held for sale are presented separately on the face of the balance sheet. Depreciation of assets ceases from the date of classification in “Non-current assets held for sale”. ​ As of December 31, 2021, there is no material divestment project recorded in "assets held for sale" .

Business segment information

Business segment information	12 Months Ended
	Dec. 31, 2021
Business segment information
Business segment information	Note 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 TotalEnergies, 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 profitable growth in the gas and low carbon electricity integrated value chains is one of the key axes of TotalEnergies' strategy. In order to give more visibility to these businesses, a new reporting structure for the business segments’ financial information has been put in place, effective January 1, 2019. The organization of TotalEnergies’ activities is structured around the four following segments: - An Integrated Gas, Renewables & Power segment comprising integrated gas (including LNG) and low carbon electricity businesses. It includes the upstream and midstream LNG activity; - An Exploration & Production segment. Starting September 2021, it notably includes the carbon sink activity (carbon storage and nature-based solutions) that was previously reported in the Integrated Gas, Renewables & Power segment. Business segment information relating to fiscal year 2020 has not been restated due to the non-material impact of this change; - 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. Definition of the indicators (i) Operating income (measure used to evaluate operating performance) Revenue from sales after deducting cost of goods sold and inventory variations, other operating expenses, exploration expenses and depreciation, depletion, and impairment of tangible assets and mineral interests. Operating income excludes the amortization of intangible assets other than mineral interests, currency translation adjustments and gains or losses on the disposal of assets. (ii) Net operating income (measure used to evaluate the return on capital employed) Operating income after taking into account the amortization of intangible assets other than mineral interests, currency translation adjustments, gains or losses on the disposal of assets, as well as all other income and expenses related to capital employed (dividends from non-consolidated companies, income from equity affiliates, capitalized interest expenses…), and after income taxes applicable to the above. The only income and expense not included in net operating income but included in net income TotalEnergies share are interest expenses related to net financial debt, after applicable income taxes (net cost of net debt) and non-controlling interests. (iii) Adjusted income Operating income, net operating income, or net income excluding the effect of adjustment items described below. (iv) Capital employed Non-current assets and working capital, at replacement cost, net of deferred income taxes and non-current liabilities. (v) ROACE (Return on Average Capital Employed) Ratio of adjusted net operating income to average capital employed between the beginning and the end of the period. Performance indicators excluding the adjustment items, such as adjusted incomes and ROACE are meant to facilitate the analysis of the financial performance and the comparison of income between periods. Adjustment items 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 main 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' Executive Committee 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, whose future effects are recorded at fair value in TotalEnergies' 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. ​ A) Information by business segment ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Integrated ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gas, ​ ​ ​ ​ ​ ​ For the year ended December 31, 2021 ​ Renewables ​ Exploration & ​ Refining & ​ Marketing & ​ ​ ​ ​ ​ ​ (M$) ​ & Power ​ Production ​ Chemicals ​ Services ​ Corporate ​ Intercompany ​ Total External sales 30,704 ​ 7,246 ​ 87,600 ​ 80,288 ​ 25 ​ – ​ 205,863 Intersegment sales 4,260 ​ 34,896 27,637 451 254 ​ (67,498) – Excise taxes – ​ – (1,108) (20,121) – ​ – (21,229) Revenues from sales 34,964 ​ 42,142 114,129 60,618 279 ​ (67,498) 184,634 Operating expenses (29,964) ​ (16,722) (108,982) (57,159) (927) ​ 67,498 (146,256) Depreciation, depletion and impairment of tangible assets and mineral interests (1,650) ​ (9,110) (1,583) (1,100) (113) ​ – (13,556) Operating income 3,350 ​ 16,310 3,564 2,359 (761) ​ – 24,822 Net income (loss) from equity affiliates and other items 2,745 ​ (760) 518 108 45 ​ – 2,656 Tax on net operating income (602) ​ (7,506) (1,068) (738) 152 ​ – (9,762) Net operating income 5,493 ​ 8,044 3,014 1,729 (564) ​ – 17,716 Net cost of net debt ​ ​ ​ (1,350) Non-controlling interests ​ ​ ​ (334) NET INCOME - TotalEnergies SHARE ​ ​ ​ 16,032 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Integrated ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, 2021 Gas, ​ ​ ​ ​ ​ ​ (adjustments) (a) ​ Renewables ​ Exploration & ​ Refining & ​ Marketing & ​ ​ ​ ​ ​ ​ (M$) ​ & Power ​ Production ​ Chemicals ​ Services ​ Corporate ​ Intercompany ​ Total External sales ​ (44) ​ – – – – ​ – ​ (44) Intersegment sales – – – – – ​ – – Excise taxes – – – – – ​ – – Revenues from sales (44) – – – – ​ – (44) Operating expenses (271) (187) 1,470 278 – ​ – 1,290 Depreciation, depletion and impairment of tangible assets and mineral interests (342) (418) (25) (36) – ​ – (821) Operating income (b) (657) (605) 1,445 242 – ​ – 425 Net income (loss) from equity affiliates and other items (215) (1,839) 56 (61) (54) ​ – (2,113) Tax on net operating income 122 49 (396) (70) (67) ​ – (362) Net operating income (b) (750) (2,395) 1,105 111 (121) ​ – (2,050) Net cost of net debt ​ ​ ​ ​ 25 Non-controlling interests ​ ​ ​ (3) NET INCOME - TotalEnergies SHARE ​ ​ ​ (2,028) (a) (b) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ On operating income – – 1,481 315 ​ – ​ ​ ​ ​ On net operating income – – 1,296 236 ​ – ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Integrated ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, 2021 Gas, ​ ​ ​ ​ ​ ​ (adjusted) ​ Renewables ​ Exploration & ​ Refining & ​ Marketing & ​ ​ ​ ​ ​ ​ (M$) ​ & Power ​ Production ​ Chemicals ​ Services ​ Corporate ​ Intercompany ​ Total External sales 30,748 ​ 7,246 ​ 87,600 ​ 80,288 ​ 25 ​ – ​ 205,907 Intersegment sales 4,260 ​ 34,896 27,637 451 254 ​ (67,498) – Excise taxes – ​ – (1,108) (20,121) – ​ – (21,229) Revenues from sales 35,008 ​ 42,142 114,129 60,618 279 ​ (67,498) 184,678 Operating expenses (29,693) ​ (16,535) (110,452) (57,437) (927) ​ 67,498 (147,546) Depreciation, depletion and impairment of tangible assets and mineral interests (1,308) ​ (8,692) (1,558) (1,064) (113) ​ – (12,735) Adjusted operating income 4,007 ​ 16,915 2,119 2,117 (761) ​ – 24,397 Net income (loss) from equity affiliates and other items 2,960 ​ 1,079 462 169 99 ​ – 4,769 Tax on net operating income (724) ​ (7,555) (672) (668) 219 ​ – (9,400) Adjusted net operating income 6,243 ​ 10,439 1,909 1,618 (443) ​ – 19,766 Net cost of net debt ​ ​ ​ (1,375) Non-controlling interests ​ ​ ​ (331) ADJUSTED NET INCOME - TotalEnergies SHARE ​ ​ ​ 18,060 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Integrated ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gas, ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, 2021 ​ Renewables ​ Exploration & ​ Refining & ​ Marketing & ​ ​ ​ ​ ​ ​ ​ (M$) ​ & Power ​ Production ​ Chemicals ​ Services ​ Corporate ​ Intercompany ​ Total ​ Total expenditures 6,341 7,276 1,638 1,242 92 ​ – 16,589 ​ Total divestments 1,350 894 348 319 22 ​ – 2,933 ​ Cash flow from operating activities 827 22,009 6,473 2,333 (1,232) ​ – 30,410 ​ Balance sheet as of December 31, 2021 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Property, plant and equipment, intangible assets, net 31,525 86,418 11,884 8,578 638 ​ – 139,043 ​ Investments & loans in equity affiliates 20,501 6,337 3,729 486 – ​ – 31,053 ​ Other non-current assets 3,359 4,441 608 1,105 309 ​ – 9,822 ​ Working capital 5,058 (1,216) (2,558) 378 (4,220) ​ – (2,558) ​ Provisions and other non-current liabilities (4,495) (24,613) (3,840) (1,478) 581 ​ – (33,845) ​ Assets and liabilities classified as held for sale 30 308 – – – ​ – 338 ​ Capital Employed (Balance sheet) 55,978 71,675 9,823 9,069 (2,692) ​ – 143,853 ​ Less inventory valuation effect – – (1,754) (286) – ​ – (2,040) ​ CAPITAL EMPLOYED (BUSINESS SEGMENT INFORMATION) 55,978 71,675 8,069 8,783 (2,692) ​ – ​ 141,813 ​ ROACE as a percentage 12 % 14 % 20 % 18 % ​ ​ ​ ​ 14 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Integrated ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gas, ​ ​ ​ ​ ​ ​ For the year ended December 31, 2020 ​ Renewables ​ Exploration & ​ Refining & ​ Marketing & ​ ​ ​ ​ ​ ​ (M$) ​ & Power ​ Production ​ Chemicals ​ Services ​ Corporate ​ Intercompany ​ Total External sales 15,629 ​ 4,973 ​ 56,615 ​ 63,451 ​ 17 ​ – ​ 140,685 Intersegment sales 2,003 ​ 18,483 17,378 357 223 ​ (38,444) – Excise taxes – ​ – (2,405) (18,576) – ​ – (20,981) Revenues from sales 17,632 ​ 23,456 71,588 45,232 240 ​ (38,444) 119,704 Operating expenses (15,847) ​ (11,972) (70,524) (42,807) (1,049) ​ 38,444 (103,755) Depreciation, depletion and impairment of tangible assets and mineral interests (2,312) ​ (16,998) (1,878) (984) (92) ​ – (22,264) Operating income (527) ​ (5,514) (814) 1,441 (901) ​ – (6,315) Net income (loss) from equity affiliates and other items 794 ​ 697 (393) 37 272 ​ – 1,407 Tax on net operating income 71 ​ (208) 59 (515) (67) ​ – (660) Net operating income 338 ​ (5,025) (1,148) 963 (696) ​ – (5,568) Net cost of net debt ​ ​ ​ (1,768) Non-controlling interests ​ ​ ​ 94 NET INCOME - TotalEnergies SHARE ​ ​ ​ (7,242) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Integrated ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, 2020 Gas, ​ ​ ​ ​ ​ ​ (adjustments) (a) ​ Renewables ​ Exploration & ​ Refining & ​ Marketing & ​ ​ ​ ​ ​ ​ (M$) ​ & Power ​ Production ​ Chemicals ​ Services ​ Corporate ​ Intercompany ​ Total External sales ​ 20 ​ – – – – ​ – ​ 20 Intersegment sales – – – – – ​ – – Excise taxes – – – – – ​ – – Revenues from sales 20 – – – – ​ – 20 Operating expenses (423) (137) (1,552) (330) (60) ​ – (2,502) Depreciation, depletion and impairment of tangible assets and mineral interests (953) (7,693) (306) – – ​ – (8,952) Operating income (b) (1,356) (7,830) (1,858) (330) (60) ​ – (11,434) Net income (loss) from equity affiliates and other items (382) 54 (677) (24) 107 ​ – (922) Tax on net operating income 298 388 348 93 (145) ​ – 982 Net operating income (b) (1,440) (7,388) (2,187) (261) (98) ​ – (11,374) Net cost of net debt ​ ​ ​ ​ (29) Non-controlling interests ​ ​ ​ 102 NET INCOME - TotalEnergies SHARE ​ ​ ​ (11,301) (a) (b) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ On operating income – – (1,244) (196) ​ – ​ ​ ​ ​ On net operating income – – (1,165) (137) ​ – ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Integrated ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, 2020 Gas, ​ ​ ​ ​ ​ ​ (adjusted) ​ Renewables ​ Exploration & ​ Refining & ​ Marketing & ​ ​ ​ ​ ​ ​ (M$) ​ & Power ​ Production ​ Chemicals ​ Services ​ Corporate ​ Intercompany ​ Total External sales 15,609 ​ 4,973 ​ 56,615 ​ 63,451 ​ 17 ​ – ​ 140,665 Intersegment sales 2,003 ​ 18,483 17,378 357 223 ​ (38,444) – Excise taxes – ​ – (2,405) (18,576) – ​ – (20,981) Revenues from sales 17,612 ​ 23,456 71,588 45,232 240 ​ (38,444) 119,684 Operating expenses (15,424) ​ (11,835) (68,972) (42,477) (989) ​ 38,444 (101,253) Depreciation, depletion and impairment of tangible assets and mineral interests (1,359) ​ (9,305) (1,572) (984) (92) ​ – (13,312) Adjusted operating income 829 ​ 2,316 1,044 1,771 (841) ​ – 5,119 Net income (loss) from equity affiliates and other items 1,176 ​ 643 284 61 165 ​ – 2,329 Tax on net operating income (227) ​ (596) (289) (608) 78 ​ – (1,642) Adjusted net operating income 1,778 ​ 2,363 1,039 1,224 (598) ​ – 5,806 Net cost of net debt ​ ​ ​ (1,739) Non-controlling interests ​ ​ ​ (8) AJUSTED NET INCOME - TotalEnergies SHARE ​ ​ ​ 4,059 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Integrated ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gas, ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, 2020 ​ Renewables ​ Exploration & ​ Refining & ​ Marketing & ​ ​ ​ ​ ​ ​ ​ (M$) ​ & Power ​ Production ​ Chemicals ​ Services ​ Corporate ​ Intercompany ​ Total ​ Total expenditures 6,230 6,782 1,325 1,052 145 ​ – 15,534 ​ Total divestments 1,152 819 149 158 177 ​ – 2,455 ​ Cash flow from operating activities 2,129 9,922 2,438 2,101 (1,787) ​ – 14,803 ​ Balance sheet as of December 31, 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Property, plant and equipment, intangible assets, net 30,704 89,207 12,486 8,734 732 ​ – 141,863 ​ Investments & loans in equity affiliates 16,455 7,328 3,638 555 – ​ – 27,976 ​ Other non-current assets 3,647 5,093 791 1,260 1,042 ​ – 11,833 ​ Working capital (1,004) 1,968 (264) (43) (4,470) ​ – (3,813) ​ Provisions and other non-current liabilities (4,566) (24,909) (4,658) (1,641) 606 ​ – (35,168) ​ Assets and liabilities classified as held for sale 375 241 (83) – – ​ – 533 ​ Capital Employed (Balance sheet) 45,611 78,928 11,910 8,865 (2,090) ​ – 143,224 ​ Less inventory valuation effect – – (535) (72) – ​ – (607) ​ CAPITAL EMPLOYED (BUSINESS SEGMENT INFORMATION) 45,611 78,928 11,375 8,793 (2,090) ​ – ​ 142,617 ​ ROACE as a percentage 4 % 3 % 9 % 14 % ​ ​ ​ ​ 4 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Integrated ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gas, ​ ​ ​ ​ ​ ​ For the year ended December 31, 2019 ​ Renewables ​ Exploration & ​ Refining & ​ Marketing & ​ ​ ​ ​ ​ ​ (M$) ​ & Power ​ Production ​ Chemicals ​ Services ​ Corporate ​ Intercompany ​ Total External sales 18,167 ​ 7,261 ​ 87,598 ​ 87,280 ​ 10 ​ – ​ 200,316 Intersegment sales 2,825 ​ 31,329 32,390 659 125 ​ (67,328) – Excise taxes – ​ – (3,015) (21,052) – ​ – (24,067) Revenues from sales 20,992 ​ 38,590 116,973 66,887 135 ​ (67,328) 176,249 Operating expenses (18,316) ​ (16,389) (112,104) (63,855) (925) ​ 67,328 (144,261) Depreciation, depletion and impairment of tangible assets and mineral interests (1,492) ​ (11,659) (1,527) (980) (73) ​ – (15,731) Operating income 1,184 ​ 10,542 3,342 2,052 (863) ​ – 16,257 Net income (loss) from equity affiliates and other items 2,330 ​ 610 322 101 42 ​ – 3,405 Tax on net operating income (741) ​ (4,572) (470) (598) 155 ​ – (6,226) Net operating income 2,773 ​ 6,580 3,194 1,555 (666) ​ – 13,436 Net cost of net debt ​ ​ ​ ​ (1,998) Non-controlling interests ​ ​ ​ ​ (171) NET INCOME - TotalEnergies SHARE ​ ​ ​ ​ 11,267 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Integrated ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, 2019 ​ Gas, ​ ​ ​ ​ ​ ​ (adjustments) (a) Renewables ​ Exploration & ​ Refining & ​ Marketing & ​ ​ ​ ​ ​ ​ (M$) ​ & Power ​ Production ​ Chemicals ​ Services ​ Corporate ​ Intercompany ​ Total External sales (64) ​ – – – – ​ – ​ (64) Intersegment sales – – – – – ​ – – Excise taxes – – – – – ​ – – Revenues from sales (64) – – – – ​ – (64) Operating expenses (240) (145) 397 (40) (112) ​ – (140) Depreciation, depletion and impairment of tangible assets and mineral interests (156) (721) (41) (2) – ​ – (920) Operating income (b) (460) (866) 356 (42) (112) ​ – (1,124) Net income (loss) from equity affiliates and other items 974 (112) (83) (83) – ​ – 696 Tax on net operating income (130) 49 (82) 27 (73) ​ – (209) Net operating income (b) 384 (929) 191 (98) (185) ​ – (637) Net cost of net debt ​ ​ ​ ​ ​ (15) Non-controlling interests ​ ​ ​ ​ 91 NET INCOME - TotalEnergies SHARE ​ ​ ​ ​ (561) (a) (b) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ On operating income – – 477 (31) ​ – ​ ​ ​ ​ On net operating income – – 371 (14) ​ – ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Integrated ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, 2019 Gas, ​ ​ ​ ​ ​ ​ (adjusted) ​ Renewables ​ Exploration & ​ Refining & ​ Marketing & ​ ​ ​ ​ ​ ​ (M$) ​ & Power ​ Production ​ Chemicals ​ Services ​ Corporate ​ Intercompany ​ Total External sales 18,231 ​ 7,261 ​ 87,598 ​ 87,280 ​ 10 ​ – ​ 200,380 Intersegment sales 2,825 ​ 31,329 32,390 659 125 ​ (67,328) – Excise taxes – ​ – (3,015) (21,052) – ​ – (24,067) Revenues from sales 21,056 ​ 38,590 116,973 66,887 135 ​ (67,328) 176,313 Operating expenses (18,076) ​ (16,244) (112,501) (63,815) (813) ​ 67,328 (144,121) Depreciation, depletion and impairment of tangible assets and mineral interests (1,336) ​ (10,938) (1,486) (978) (73) ​ – (14,811) Adjusted operating income 1,644 ​ 11,408 2,986 2,094 (751) ​ – 17,381 Net income (loss) from equity affiliates and other items 1,356 ​ 722 405 184 42 ​ – 2,709 Tax on net operating income (611) ​ (4,621) (388) (625) 228 ​ – (6,017) Adjusted net operating income 2,389 ​ 7,509 3,003 1,653 (481) ​ – 14,073 Net cost of net debt ​ ​ ​ (1,983) Non-controlling interests ​ ​ ​ (262) ADJUSTED NET INCOME - TotalEnergies SHARE ​ ​ ​ 11,828 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Integrated ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gas, ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, 2019 ​ Renewables ​ Exploration & ​ Refining & ​ Marketing & ​ ​ ​ ​ ​ ​ ​ (M$) ​ & Power ​ Production ​ Chemicals ​ Services ​ Corporate ​ Intercompany ​ Total ​ Total expenditures 7,053 8,992 1,698 1,374 120 ​ – 19,237 ​ Total divestments 1,108 368 322 249 13 ​ – 2,060 ​ Cash flow from operating activities 3,461 16,917 3,837 2,604 (2,134) ​ – 24,685 ​ Balance sheet as of December 31, 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Property, plant and equipment, intangible assets, net 29,597 98,894 12,196 8,316 583 ​ – 149,586 ​ Investments & loans in equity affiliates 15,271 7,631 3,787 433 – ​ – 27,122 ​ Other non-current assets 2,993 4,484 744 1,179 1,009 ​ – 10,409 ​ Working capital (1,192) 2,617 796 178 (3,909) ​ – (1,510) ​ Provisions and other non-current liabilities (5,488) (25,208) (3,898) (1,531) 153 ​ – (35,972) ​ Assets and liabilities classified as held for sale 368 426 – – – ​ – 794 ​ Capital Employed (Balance sheet) 41,549 88,844 13,625 8,575 (2,164) ​ – 150,429 ​ Less inventory valuation effect – – (1,397) (204) – ​ – (1,601) ​ CAPITAL EMPLOYED (BUSINESS SEGMENT INFORMATION) 41,549 88,844 12,228 8,371 (2,164) ​ – ​ 148,828 ​ ROACE as a percentage 6 % 8 % 26 % 22 % ​ ​ ​ ​ 10 % ​ ​ B) Reconciliation of the information by business segment with Consolidated Financial Statements The table below presents the impact of adjustment items on the consolidated statement of income: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consolidated For the year ended December 31, 2021 ​ ​ ​ ​ ​ statement of (M$) Adjusted Adjustments (a) income Sales 205,907 (44) 205,863 Excise taxes (21,229) – (21,229) Revenues from sales 184,678 (44) 184,634 Purchases, net of inventory variation (120,160) 1,538 (118,622) Other operating expenses (26,754) (140) (26,894) Exploration costs (632) (108) (740) Depreciation, depletion and impairment of tangible assets and mineral interests (12,735) (821) (13,556) Other income 1,300 12 1,312 Other expense (944) (1,373) (2,317) Financial interest on debt (1,904) – (1,904) Financial income and expense from cash & cash equivalents 340 39 379 Cost of net debt (1,564) 39 (1,525) Other financial income 762 – 762 Other financial expense (539) – (539) Net income (loss) from equity affiliates 4,190 (752) 3,438 Income taxes (9,211) (376) (9,587) CONSOLIDATED NET INCOME 18,391 (2,025) 16,366 TotalEnergies share 18,060 (2,028) 16,032 Non-controlling interests 331 3 334 (a) Adjustments include special items, inventory valuation effect and the effect of changes in fair value. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consolidated For the year ended December 31, 2020 ​ ​ ​ ​ ​ statement of (M$) ​ Adjusted ​ Adjustments (a) ​ income Sales 140,665 20 140,685 Excise taxes (20,981) – (20,981) Revenues from sales 119,684 20 119,704 Purchases, net of inventory variation (75,672) (1,814) (77,486) Other operating expenses (24,850) (688) (25,538) Exploration costs (731) – (731) Depreciation, depletion and impairment of tangible assets and mineral interests (13,312) (8,952) (22,264) Other income 1,405 832 2,237 Other expense (689) (817) (1,506) Financial interest on debt (2,140) (7) (2,147) Financial income and expense from cash & cash equivalents 68 (31) 37 Cost of net debt (2,072) (38) (2,110) Other financial income 914 – 914 Other financial expense (689) (1) (690) Net income (loss) from equity affiliates 1,388 (936) 452 Income taxes (1,309) 991 (318) CONSOLIDATED NET INCOME 4,067 (11,403) (7,336) TotalEnergies share 4,059 (11,301) (7,242) Non-controlling interests 8 (102) (94) (a) Adjustments include special items, inventory valuation effect and the effect of changes in fair value. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consolidated For the year ended December 31, 2019 ​ ​ ​ ​ ​ statement of (M$) ​ Adjusted ​ Adjustments (a) ​ income Sales 200,380 (64) 200,316 Excise taxes (24,067) – (24,067) Revenues from sales 176,313 (64) 176,249 Purchases, net of inventory variation (116,464) 243 (116,221) Other operating expenses (26,872) (383) (27,255) Exploration costs (785) – (785) Depreciation, depletion and impairment of tangible assets and mineral interests (14,811) (920) (15,731) Other income 876 287 1,163 Other expense (455) (737) (1,192) Financial interest on debt (2,318) (15) (2,333) Financial income and expense from cash & cash equivalents (19) – (19) Cost of net debt (2,337) (15) (2,352) Other financial income 792 – 792 Other financial expense (764) – (764) Net income (loss) from equity affiliates 2,260 1,146 3,406 Income taxes (5,663) (209) (5,872) CONSOLIDATED NET INCOME 12,090 (652) 11,438 TotalEnergies share 11,828 (561) 11,267 Non-controlling interests 262 (91) 171 (a) Adjustments include special items, inventory valuation effect and the effect of changes in fair value. C) Additional information on adjustment items The main adjustment items for 2021 are the following: 1) An "Inventory valuation effect" amounting to $1,796 million in operating income and $1,495 million in net income TotalEnergies' share for the Refining & Chemicals and Marketing & Services segments; 2) "Gains (losses) on disposals of assets" mainly, in the Exploration & Production segment with the loss on the sale of Petrocedeño for an amount of $(1,379) million; 3) The "Asset impairment charges" amounting to $(759) million in operating income and $(910) million in net income TotalEnergies share, which include non-current assets impairment charges recorded in 2021. This amount includes the impairment of the Company's assets in Myanmar, of which $(201) million is included in operating income and $(305) million is included in net income, TotalEnergies share. Impairment testing methodology and asset impairment charges recorded during the year are detailed in the paragraph D of Note 3. Adjustments to operating income ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Integrated ​ ​ ​ ​ ​ ​ ​ ​ Gas, ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, 2021 ​ Renewables ​ Exploration & ​ Refining & ​ Marketing & ​ ​ ​ ​ (M$) & Power Production Chemicals Services Corporate Total Inventory valuation effect – – 1,481 315 – 1,796 Effect of changes in fair value (217) – – – – (217) Restructuring charges (17) (59) (10) – – (86) Asset impairment charges (342) (356) (25) (36) – (759) Gains (losses) on disposals of assets – (170) – – – (170) Other items (81) (20) (1) (37) – (139) TOTAL (657) (605) 1,445 242 – 425 ​ Adjustments to net income, TotalEnergies share ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Integrated ​ ​ ​ ​ ​ ​ ​ ​ Gas, ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, 2021 ​ Renewables ​ Exploration & ​ Refining & ​ Marketing & ​ ​ ​ ​ (M$) & Power Production Chemicals Services Corporate Total Inventory valuation effect – – 1,277 218 – 1,495 Effect of changes in fair value (194) – – – – (194) Restructuring charges (17) (75) (118) (44) (54) (308) Asset impairment charges (332) (500) (42) (36) – (910) Gains (losses) on disposals of assets (a) ​ – ​ (1,726) ​ – ​ – ​ – ​ (1,726) Other items (196) (51) (31) (40) (67) (385) TOTAL (739) (2,352) 1,086 98 (121) (2,028) ​ (a) ​ Adjustments to operating income ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Integrated ​ ​ ​ ​ ​ ​ ​ ​ Gas, ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, 2020 ​ Renewables ​ Exploration & ​ Refining & ​ Marketing & ​ ​ ​ ​ (M$) & Power Production Chemicals Services Corporate Total Inventory valuation effect – – (1,244) (196) – (1,440) Effect of changes in fair value 20 – – – – 20 Restructuring charges (39) (35) (30) – – (104) Asset impairment charges (953) (7,693) (306) – – (8,952) Other items (384) (102) (278) (134) (60) (958) TOTAL (1,356) (7,830) (1,858) (330) (60) (11,434) ​ Adjustments to net income, TotalEnergies share ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Integrated ​ ​ ​ ​ ​ ​ ​ ​ Gas, ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, 2020 ​ Renewables ​ Exploration & ​ Refining & ​ Marketing & ​ ​ ​ ​ (M$) & Power Production Chemicals Services Corporate Total Inventory valuation effect – – (1,160) (120) – (1,280) Effect of changes in fair value 23 – – – – 23 Restructuring charges (43) (29) (292) – – (364) Asset impairment charges (829) (7,328) (306) (2) – (8,465) Gains (losses) on disposals of assets – – – – 104 104 Other items (566) – (423) (106) (224) (1,319) TOTAL (1,415) (7,357) (2,181) (228) (120) (11,301) ​ Adjustments to operating income ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Integrated ​ ​ ​ ​ ​ ​ ​ Gas, ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, 2019 ​ Renewables ​ Exploration & ​ Refining & ​ Marketing & ​ ​ ​ ​ (M$) & Power Production Chemicals Services Corporate Total Inventory valuation effect – – 477 (31) – 446 Effect of changes in fair value (19) – – – – (19) Restructuring charges (4) – – – – (4) Asset impairment charges (156) (721) (41) (2) – (920) Other items (281) (145) (80) (9) (112) (627) TOTAL (460) (866) 356 (42) (112) (1,124) ​ Adjustments to net income, TotalEnergies share ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Integrated ​ ​ ​ ​ ​ ​ ​ ​ Gas, ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, 2019 ​ Renewables ​ Exploration & ​ Refining & ​ Marketing & ​ ​ ​ ​ (M$) & Power Production Chemicals Services Corporate Total Inventory valuation effect – – 369 (23) – 346 Effect of changes in fair value (15) – – – – (15) Restructuring charges (31) (5) (22) – – (58) Asset impairment charges 105 (530) (39) (1) – (465) Gains (losses) on disposals of assets – – – – – – Other items 422 (405) (119) (82) (185) (369) TOTAL 481 (940) 189 (106) (185) (561) ​ D) Asset impairment Accounting principles The recoverable amounts of intangible assets and property, plant and equipment are tested for impairment as soon as any indication of impairment exists. This test is performed at least annually for goodwill. The recoverable amount is the higher of the fair value (less costs to sell) or the value in use. Assets are grouped into cash-generating units (or CGUs) and tested. A CGU is a homogeneous set of assets that generates cash inflows that are largely independent of the cash inflows from other groups of assets. The value in use of a CGU is determined by reference to the discounted expected future cash flows of these assets, based upon Management’s expectation of future economic and operating conditions. When this value is less than the carrying amount of the CGU, an impairment loss is recorded. This loss is allocated first to goodwill with a corresponding amount in "Other expenses". Any further losses are then allocated to property, plant and mineral interests with a corresponding amount in "Depreciation, depletion and impairment of tangible assets and mineral interests" and to other intangible assets with a corresponding amount in "Other expenses". Impairment losses recognized in prior periods can be reversed up to the original carrying amount, had the impairment loss not been recognized. Impairment losses recognized on goodwill cannot be reversed. Investments in associates or joint ventures are tested for impairment whenever indication of impairment exists. If any objective evidence of impairment exists, the carrying amount of the investment is compared with its recoverable amount, being the higher of its fair value less costs to sell and value in use. If the carrying amount exceeds the recoverable amount, an impairment loss is recorded in "Net income (loss) from equity affiliates". ​ For the financial year 2021, asset impairments were recorded for an amount of $(759) million in operating income and $(910) million in net income, TotalEnergies share. These impairments were qualified as adjustment items of the operating income and net income, TotalEnergies share. Impairments relate to certain cash-generating units (CGUs) for which indicators of impairment have been identified, due to changes in operating conditions or the economic environment of the activities concerned. Principles for determining value in use of a CGU The principles applied are as follows: - The future cash flows were determined using the assumptions included in the 2022 budget and in the long-term plan of the Company approved by the Executive Committee and the Board of Directors. These assumptions, in particular including operational costs, estimation of oil and gas reserves, future volumes produced and marketed, represent the best estimate from the Company Management of economic and technical conditions over the remaining life of the assets; - The Company, notably relying on data on global energy demand from the “World Energy Outlook” issued by the IEA since 2016, and on its own supply and demand assessments, determines oil & gas prices scenarios based on assumptions about the evolution of core indicators of the Upstream activity (demand for oil & gas products in different markets, investment forecasts, decline in production fields, changes in oil & gas reserves and supply by area and by nature of oil & gas products), of the Downstream activity (changes in refining c

Segment Information by geograph

Segment Information by geographical area	12 Months Ended
	Dec. 31, 2021
Segment Information by geographical area
Segment Information by geographical area	Note 4 Segment Information by geographical area ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Rest of North ​ Rest of ​ (M$) ​ France ​ Europe ​ America ​ Africa ​ the world ​ Total For the year ended December 31, 2021 External sales 43,316 85,072 22,998 19,520 34,957 205,863 Property, plant and equipment, intangible assets, net 14,204 29,660 12,229 41,593 41,357 139,043 Capital expenditures 2,157 3,027 1,680 3,696 6,029 16,589 For the year ended December 31, 2020 External sales 32,748 67,292 13,258 16,011 11,376 140,685 Property, plant and equipment, intangible assets, net 14,555 30,932 11,891 43,087 41,398 141,863 Capital expenditures 2,044 3,165 899 3,816 5,610 15,534 For the year ended December 31, 2019 External sales 43,877 99,176 19,946 21,303 16,014 200,316 Property, plant and equipment, intangible assets, net 13,212 28,765 18,916 45,573 43,120 149,586 Capital expenditures 1,979 3,201 1,748 7,663 4,646 19,237 ​

Main items related to operating

Main items related to operating activities	12 Months Ended
	Dec. 31, 2021
Main items related to operating activities
Main items related to operating activities	Note 5 Main items related to operating activities ​ Items related to the statement of income ​ 5.1 NET SALES ​ Accounting principles IFRS 15 requires identification of the performance obligations for the transfer of goods and services in each contract with customers. Revenue is recognized upon satisfaction of the performance obligations for the amounts that reflect the consideration to which TotalEnergies expects to be entitled in exchange for those goods and services. Sales of goods Revenues from sales are recognized when the control has been transferred to the buyer and the amount can be reasonably measured. Revenues from sales of crude oil and natural gas are recorded upon transfer of title, according to the terms of the sales contracts. Revenues from the production of crude oil and natural gas properties, in which TotalEnergies has an interest with other producers, are recognized based on actual entitlement volumes sold over the period. Any difference between entitlement volumes and volumes sold, based on TotalEnergies net working interest, are recognized in the “Under-lifting” and “Over-lifting” accounts in the balance sheet and in operating expenses in the profit and loss. Oil and gas delivered quantities that represent production royalties and taxes, when paid in cash, are included in revenues, except for the United States and Canada. Certain transactions within the trading activities (contracts involving quantities that are purchased from third parties then resold to third parties) are shown at their net value in purchases, net of inventory variation. These transactions relate in particular to crude oil, petroleum products, gas, power and LNG. Exchanges of crude oil and petroleum products realized within trading activities are shown at their net value in both the statement of income and the balance sheet. ​ Sales of services Revenues from services are recognized when the services have been rendered. Revenues from gas transport are recognized when services are rendered. These revenues are based on the quantities transported and measured according to procedures defined in each service contract. Shipping revenues and expenses from time-charter activities are recognized on a pro rata basis over a period that commences upon the unloading of the previous voyage and terminates upon the unloading of the current voyage. Shipping revenue recognition starts only when a charter has been agreed to by both TotalEnergies and the customer. Income related to the distribution of electricity and gas is not recognized in revenues in certain countries because TotalEnergies acts as an agent in this transaction. In these countries, TotalEnergies is not responsible for the delivery and does not set the price of the service, because it can only pass on to the customer the amounts invoiced to it by the distributors. Excise taxes Excise taxes are rights or taxes which amount is calculated based on the quantity of oil and gas products put on the market. Excise taxes are determined by the states. They are paid directly to the customs and tax authorities and then invoiced to final customers by being included in the sales price. The analysis of the criteria set by IFRS 15 led TotalEnergies to determine that it was acting as principal in these transactions. Therefore, sales include excise taxes collected by TotalEnergies within the course of its oil distribution operations. Excise taxes are deducted from sales in order to obtain the “Revenues from sales” indicator. ​ 5.2 OPERATING EXPENSES AND RESEARCH AND DEVELOPMENT Accounting principles TotalEnergies applies IFRS 6 “Exploration for and Evaluation of Mineral Resources”. Oil and gas exploration and production properties and assets are accounted for in accordance with the Successful Efforts method. Geological and geophysical costs, including seismic surveys for exploration purposes are expensed as incurred in exploration costs. Costs of dry wells and wells that have not found proved reserves are charged to expense in exploration costs. ​ 5.2.1 Operating expenses ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, (M$) ​ 2021 ​ 2020 ​ 2019 Purchases, net of inventory variation (a) (b) (118,622) (77,486) (116,221) Exploration costs (740) (731) (785) Other operating expenses (c) (26,894) (25,538) (27,255) of which non-current operating liabilities (allowances) reversals 1,299 778 1,152 of which current operating liabilities (allowances) reversals (30) (77) (157) OPERATING EXPENSES (146,256) (103,755) (144,261) (a) Includes taxes paid on oil and gas production in the Exploration & Production segment, amongst others, royalties. (b) TotalEnergies values under / over lifting at market value. (c) Principally composed of production and administrative costs (see in particular the payroll costs as detailed in Note 10 to the Consolidated Financial Statements “Payroll, staff and employee benefits obligations"). ​ 5.2.2 Research and development costs Accounting principles Research costs are charged to expense as incurred. Development expenses are capitalized when the criteria of IAS 38 are met. ​ Research and development costs incurred by TotalEnergies in 2021 and booked in operating expenses (excluding depreciations) amount to $824 million ($895 million in 2020 and $968 million in 2019), corresponding to 0.40% of the sales. The staff dedicated in 2021 to these research and development activities are estimated at 3,830 people (4,088 in 2020 and 4,339 in 2019). 5.3 AMORTIZATION, DEPRECIATION AND IMPAIRMENT OF TANGIBLE ASSETS AND MINERAL INTERESTS The amortization, depreciation and impairment of tangible assets and mineral interests are detailed as follows: ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, (M$) ​ 2021 ​ 2020 ​ 2019 Depreciation and impairment of tangible assets (12,683) (21,188) (14,640) Amortization and impairment of mineral assets (873) (1,076) (1,091) TOTAL (13,556) (22,264) (15,731) ​ Items related to balance sheet ​ 5.4 WORKING CAPITAL 5.4.1 Inventories ​ Accounting principles Inventories are measured in the Consolidated Financial Statements at the lower of historical cost or market value. Costs for petroleum and petrochemical products are determined according to the FIFO (First-In, First-Out) method or weighted-average cost method and other inventories are measured using the weighted-average cost method. In addition stocks held for trading are measured at fair value less cost to sell. Refining & Chemicals Petroleum product inventories are mainly comprised of crude oil and refined products. Refined products principally consist of gasoline, distillate and fuel produced by TotalEnergies' refineries. The turnover of petroleum products does not exceed two months on average. Crude oil costs include raw material and receiving costs. Refining costs principally include crude oil costs, production costs (energy, labor, depreciation of producing assets) and an allocation of production overheads (taxes, maintenance, insurance, etc.). Costs of chemical product inventories consist of raw material costs, direct labor costs and an allocation of production overheads. Start-up costs, general administrative costs and financing costs are excluded from the costs of refined and chemicals products. Marketing & Services The costs of products refined by TotalEnergies' entities include mainly raw materials costs, production costs (energy, labor, depreciation of producing assets), primary costs of transport and an allocation of production overheads (taxes, maintenance, insurance, etc.). General administrative costs and financing costs are excluded from the cost price of refined products. Product inventories purchased from entities external to TotalEnergies are valued at their purchase cost plus primary costs of transport. Carbon dioxide emission rights generated as part of the EU Emission Trading scheme (EU ETS) In the absence of a current IFRS standard or interpretation on accounting for emission rights of carbon dioxide generated as part of the EU Emission Trading scheme (EU ETS), the following principles are applied: - Emission rights are managed as a cost of production and as such are recognized in inventories: - Emission rights allocated for free are booked in inventories with a nil carrying amount; - Purchased emission rights are booked at acquisition cost; - Sales or annual surrender of emission rights result in decreases in inventories valued at weighted-average cost; - If the carrying amount of inventories at closing date is higher than the market value, an impairment loss is recorded. - If emission rights to be surrendered at the end of the compliance period are higher than emission rights (allocated and purchased), the shortage is accounted for as a liability at market value; - Forward transactions are recognized at their fair market value in the balance sheet. Changes in the fair value of such forward transactions are recognized in the statement of income. Energy savings certificates In the absence of current IFRS standards or interpretations on accounting for energy savings certificates (ESC), the following principles are applied: - If the obligations linked to the sales of energy are greater than the number of ESC’s held then a liability is recorded. These liabilities are valued based on the price of the last transactions; - In the event that the number of ESC’s held exceeds the obligation at the balance sheet date this is accounted for as inventory. Otherwise a valuation allowance is recorded ; - ESC inventories are valued at weighted-average cost (acquisition cost for those ESC’s acquired or cost incurred for those ESC’s generated internally). If the carrying value of the inventory of certificates at the balance sheet date is higher than the market value, an impairment loss is recorded. ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2021 ​ ​ Valuation ​ (M$) Gross value allowance Net value Crude oil and natural gas 3,221 (7) 3,214 Refined products 5,411 (50) 5,361 Chemicals products 1,519 (98) 1,421 Trading inventories 6,501 – 6,501 Other inventories 4,538 (1,083) 3,455 TOTAL 21,190 (1,238) 19,952 ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2020 ​ ​ Valuation ​ (M$) Gross value allowance Net value Crude oil and natural gas 1,818 (1) 1,817 Refined products 3,913 (68) 3,845 Chemicals products 1,330 (102) 1,228 Trading inventories 5,130 – 5,130 Other inventories 3,824 (1,114) 2,710 TOTAL 16,015 (1,285) 14,730 ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2019 ​ ​ Valuation ​ (M$) Gross value allowance Net value Crude oil and natural gas 2,381 (14) 2,367 Refined products 5,326 (45) 5,281 Chemicals products 1,448 (91) 1,357 Trading inventories 5,500 – 5,500 Other inventories 3,651 (1,024) 2,627 TOTAL 18,306 (1,174) 17,132 ​ Changes in the valuation allowance on inventories are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Currency ​ ​ ​ Valuation ​ ​ ​ translation ​ Valuation ​ ​ allowance as of ​ ​ ​ adjustment and ​ allowance as of For the year ended December 31, January 1, ​ Increase (net) other variations December 31, 2021 (1,285) (36) ​ 83 (1,238) 2020 (1,174) (85) ​ (26) (1,285) 2019 (1,343) 205 ​ (36) (1,174) ​ 5.4.2 Accounts receivable and other current assets ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2021 Valuation (M$) ​ Gross value ​ allowance ​ Net value Accounts receivable 22,776 (793) 21,983 Recoverable taxes 3,713 (54) 3,659 Other operating receivables 29,767 (214) 29,553 Prepaid expenses 1,879 – 1,879 Other current assets 53 – 53 Other current assets 35,412 (268) 35,144 ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2020 Valuation (M$) ​ Gross value ​ allowance ​ Net value Accounts receivable 14,899 (831) 14,068 Recoverable taxes 3,598 (67) 3,531 Other operating receivables 8,251 (208) 8,043 Prepaid expenses 1,801 – 1,801 Other current assets 53 – 53 Other current assets 13,703 (275) 13,428 ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2019 Valuation (M$) ​ Gross value ​ allowance ​ Net value Accounts receivable 19,162 (674) 18,488 Recoverable taxes 4,209 (95) 4,114 Other operating receivables 11,746 (240) 11,506 Prepaid expenses 1,336 – 1,336 Other current assets 57 – 57 Other current assets 17,348 (335) 17,013 ​ Changes in the valuation allowance on “Accounts receivable” and “Other current assets” are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Currency ​ ​ ​ ​ Valuation ​ ​ ​ translation ​ Valuation ​ ​ allowance as of ​ ​ ​ adjustments and ​ allowance as of For the year ended December 31, January 1, Increase (net) other variations December 31, Accounts receivable 2021 (831) (24) 62 (793) 2020 (674) (107) (50) (831) 2019 (624) (89) 39 (674) Other current assets 2021 (275) (10) 17 (268) 2020 (335) 37 23 (275) 2019 (573) (46) 284 (335) ​ As of December 31, 2021, the net portion of the overdue receivables included in “Accounts receivable” and “Other current assets” was $4,482 million, of which $2,844 million was due less than 90 days, $260 million was due between 90 days and 6 months, $556 million was due between 6 and 12 months and $823 million was due after 12 months. As of December 31, 2020, the net portion of the overdue receivables included in “Accounts receivable” and “Other current assets” was $4,197 million, of which $2,140 million was due less than 90 days, $239 million was due between 90 days and 6 months, $553 million was due between 6 and 12 months and $1,265 million was due after 12 months. As of December 31, 2019, the net portion of the overdue receivables included in “Accounts receivable” and “Other current assets” was $3,760 million, of which $2,089 million was due less than 90 days, $357 million was due between 90 days and 6 months, $402 million was due between 6 and 12 months and $912 million was due after 12 months. 5.4.3 Other creditors and accrued liabilities ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2021 2020 2019 Accruals and deferred income 3,744 842 522 Payable to States (including taxes and duties) 10,281 5,734 7,438 Payroll 1,481 1,587 1,527 Other operating liabilities 27,294 14,302 16,262 TOTAL 42,800 22,465 25,749 ​ As of December 31, 2021, the heading “Other operating liabilities” notably includes the second quarterly interim dividend for the fiscal year 2021 for $1,974 million, which was paid in January 2022 and the third quarterly interim dividend for the fiscal year 2021 for $1,948 million, which will be paid in April 2022. As of December 31, 2020, the heading “Other operating liabilities” notably included the second quarterly interim dividend for the fiscal year 2020 for $2,129 million, which was paid in January 2021 and the third quarterly interim dividend for the fiscal year 2020 for $2,149 million, which was paid in April 2021. As of December 31, 2019, the heading "Other operating liabilities" notably included the second quarterly interim dividend for the fiscal year 2019 for $1,918 million, which was paid in January 2020 and the third quarterly interim dividend for the fiscal year 2019 for $2,038 million, which was paid in April 2020. Items related to the cash flow statement ​ 5.5 CASH FLOW FROM OPERATING ACTIVITIES Accounting principles The Consolidated Statement of Cash Flows prepared in currencies ​ The following table gives additional information on cash paid or received in the cash flow from operating activities. Detail of interest, taxes and dividends ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, 2021 2020 2019 Interests paid (1,886) (2,145) (2,181) Interests received 284 197 210 Income tax paid (a) (4,508) (2,858) (5,293) Dividends received 2,346 1,444 1,988 (a) These amounts include taxes paid in kind under production-sharing contracts in exploration and production activities. Detail of changes in working capital ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, 2021 2020 2019 Inventories (5,903) 2,274 (2,071) Accounts receivable (6,788) 4,818 (933) Other current assets (21,026) 3,374 (2,001) Accounts payable 12,073 (5,355) 1,998 Other creditors and accrued liabilities 21,028 (3,242) 1,289 NET AMOUNT, DECREASE (INCREASE) (616) 1,869 (1,718) ​ Detail of changes in provisions and deferred taxes ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, ​ 2021 ​ 2020 ​ 2019 Accruals (467) 350 403 Deferred taxes 1,429 (2,132) (461) TOTAL 962 (1,782) (58) ​

Other items from operating acti

Other items from operating activities	12 Months Ended
	Dec. 31, 2021
Other items from operating activities
Other items from operating activities	Note 6 Other items from operating activities ​ 6.1 OTHER INCOME AND OTHER EXPENSE ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, 2021 2020 2019 Gains on disposal of assets 890 961 670 Foreign exchange gains 227 746 238 Other 195 530 255 OTHER INCOME 1,312 2,237 1,163 ​ ​ ​ ​ ​ ​ ​ Losses on disposal of assets (436) (52) (56) Foreign exchange losses (702) (320) (463) Amortization of other intangible assets (excl. mineral interests) (448) (343) (266) Other (731) (791) (407) OTHER EXPENSE (2,317) (1,506) (1,192) ​ Other income In 2021, gains on disposal of assets include the sale of interests in onshore Oil Mining Lease 17 in Nigeria in the Exploration & Production segment, the sale of interests in two portfolios of renewable assets in the Gas Renewables & Power segment, and the sale of a part of TotalEnergies’ investment in Trapil in the Refining & Chemicals and Marketing & Services segments In 2020, gains on disposal of assets mainly related to the sale of non-strategic assets in the British North Sea in the Exploration & Production segment, to the sale of TotalEnergies' interest in the Fos Cavaou regasification terminal in France and the sale of infrastructure assets in the Integrated Gas Renewables & Power segment, as well as to the sale of real estate in Belgium in the Holding segment. In 2019, gains on disposal of assets mainly related to the sale of assets and interests in Norway in the Exploration & Production segment, to the sale of Hazira and SunPower assets in the Integrated Gas Renewables & Power segment and the sale of assets in China in the Refining & Chemicals segment. Other expense In 2021, the losses on disposal are mainly related to the sale of the Utica asset in the United States as well as the sale of interests in non-operated assets and the Cap Lopez oil terminal in Gabon in the Exploration & Production segment. The heading “Other” mainly consists of the restructuring charges in the Exploration & Production, Refining & Chemicals, Marketing & Services and Holding segments for an amount of $288 million, and of the impairment of non-consolidated shares and provision for financial risks for $238 million. In 2020, the heading “Other” notably consisted of restructuring charges in the Exploration & Production, Integrated Gas Renewables & Power and Refining & Chemicals segments for an amount of $312 million, and of the impairment of non-consolidated shares and loans granted to non-consolidated subsidiaries for an amount of $64 million. In 2019, the heading “Other” notably consisted of restructuring charges in the Exploration & Production, Integrated Gas Renewables & Power and Refining & Chemicals segments for an amount of $96 million, and of the revaluation at fair value of non-consolidated shares for $94 million. 6.2 OTHER FINANCIAL INCOME AND EXPENSE ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2021 2020 2019 Dividend income on non-consolidated subsidiaries ​ 203 ​ 160 ​ 178 Capitalized financial expenses 134 110 227 Other 425 644 387 OTHER FINANCIAL INCOME 762 914 792 Accretion of asset retirement obligations (449) (607) (639) Other (90) (83) (125) OTHER FINANCIAL EXPENSE (539) (690) (764) ​ 6.3 OTHER NON-CURRENT ASSETS ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2021 ​ ​ Valuation ​ (M$) Gross value allowance Net value Loans and advances (a) 2,364 (257) 2,107 Other non-current financial assets related to operational activities ​ 312 ​ – ​ 312 Other 378 – 378 TOTAL 3,054 (257) 2,797 ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2020 ​ ​ Valuation ​ (M$) Gross value allowance Net value Loans and advances (a) 2,731 (273) 2,458 Other non-current financial assets related to operational activities ​ 287 ​ – ​ 287 Other 65 – 65 TOTAL 3,083 (273) 2,810 ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2019 ​ ​ Valuation ​ (M$) Gross value allowance Net value Loans and advances (a) 2,248 (266) 1,982 Other non-current financial assets related to operational activities ​ 332 ​ – ​ 332 Other 101 – 101 TOTAL 2,681 (266) 2,415 (a) Excluding loans to equity affiliates. Changes in the valuation allowance on loans and advances are detailed as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Currency ​ ​ ​ ​ Valuation ​ ​ ​ ​ ​ translation ​ Valuation For the year ended December 31, ​ allowance as of ​ ​ ​ ​ ​ adjustment and ​ allowance as of (M$) January 1, Increases Decreases other variations December 31, 2021 (273) (6) 14 ​ 8 (257) 2020 (266) (30) 15 ​ 8 (273) 2019 (303) (7) 43 ​ 1 (266) ​

Intangible and tangible assets

Intangible and tangible assets	12 Months Ended
	Dec. 31, 2021
Intangible and tangible assets
Intangible and tangible assets	Note 7 Intangible and tangible assets ​ 7.1 INTANGIBLE ASSETS Accounting principles Goodwill Guidance for measuring goodwill is presented in Note 1.1 paragraph B to the Consolidated Financial Statements. Goodwill is not amortized but is tested for impairment at least annually and as soon as there is any indication of impairment. Mineral interests Unproved mineral interests are tested for impairment based on the results of the exploratory activity or as part of the impairment tests of the cash-generating units to which they are allocated. Unproved mineral interests are transferred to proved mineral interests at their net book value as soon as proved reserves are booked. Proved mineral interests are depreciated using the unit-of-production method based on proved reserves. The corresponding expense is recorded as depreciation of tangible assets and mineral interests. Other intangible assets Other intangible assets include patents, and trademarks. Intangible assets are carried at cost, after deducting any accumulated amortization and accumulated impairment losses. Intangible assets (excluding mineral interests) that have a finite useful life are amortized on a straight-line basis over three ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2021 ​ Amortization and (M$) Cost impairment Net Goodwill 9,728 (899) 8,829 Proved mineral interests 17,382 (9,730) 7,652 Unproved mineral interests 16,637 (2,831) 13,806 Other intangible assets 7,185 (4,988) 2,197 TOTAL INTANGIBLE ASSETS 50,932 (18,448) 32,484 ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2020 Amortization and (M$) Cost impairment Net Goodwill 9,738 (931) 8,807 Proved mineral interests 16,559 (9,595) 6,964 Unproved mineral interests 20,300 (4,790) 15,510 Other intangible assets 7,212 (4,965) 2,247 TOTAL INTANGIBLE ASSETS 53,809 (20,281) 33,528 ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2019 Amortization and (M$) Cost impairment Net Goodwill 9,357 (1,011) 8,346 Proved mineral interests 15,966 (8,741) 7,225 Unproved mineral interests 20,138 (4,558) 15,580 Other intangible assets 5,743 (3,716) 2,027 TOTAL INTANGIBLE ASSETS 51,204 (18,026) 33,178 ​ Change in net intangible assets is analyzed in the following table: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Currency ​ ​ ​ ​ ​ ​ Net amount as of ​ ​ ​ ​ ​ Amortization and ​ translation ​ ​ ​ Net amount as of (M$) January 1, Expenditures Disposals impairment adjustment Other December 31, 2021 33,528 696 (271) (1,322) (394) 247 32,484 2020 33,178 784 (277) (1,430) 305 968 33,528 2019 28,922 1,087 (118) (1,359) (95) 4,741 33,178 ​ In 2021, the heading “Amortization and impairment" includes the accounting impact of exceptional asset impairments for an amount of $253 million, notably relating to the end of the Qatargas 1 licence agreement and unconventional assets in the United States (see note 3 paragraph D to the Consolidated Financial Statements). In 2021, the heading “Other” mainly reflects changes in the consolidation scope (including the acquisition of Blue Raven Solar for $140 million and Fonroche Biogaz for $89 million). In 2020, the heading “Amortization and impairment" included the accounting impact of exceptional asset impairments for an amount of $323 million (see note 3 paragraph D to the Consolidated Financial Statements). In 2020, the heading “Other” mainly reflected changes in the consolidation scope (including the acquisition of the residential gas and electricity supply business in Spain) for $898 million. In 2019, the heading “Amortization and impairment" included the accounting impact of exceptional asset impairments for an amount of $251 million (see note 3 paragraph D to the Consolidated Financial Statements). In 2019, the heading "Other" mainly reflected changes in the consolidation scope (including the assets of Anadarko in Mozambique) for $3,887 million. A summary of changes in the carrying amount of goodwill by business segment for the year ended December 31, 2021 is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net goodwill as of ​ ​ ​ ​ ​ ​ ​ Net goodwill as of (M$) January 1, 2021 Increases Impairments Other December 31, 2021 Integrated Gas, Renewables & Power 5,247 215 – (219) 5,243 Exploration & Production ​ 2,638 – – (26) 2,612 Refining & Chemicals 534 – – (15) 519 Marketing & Services 357 45 – 24 426 Corporate 31 - – (2) 29 TOTAL 8,807 260 – (238) 8,829 ​ The heading “Increases” includes the effect of entries in the consolidation scope, mainly the acquisition of Blue Raven Solar for $126 million, and the acquisition of Fonroche Biogaz for $89 million. 7.2 PROPERTY, PLANT AND EQUIPMENT ​ Accounting principles Exploration costs TotalEnergies applies IFRS 6 “Exploration for and Evaluation of Mineral Resources”. Oil and gas exploration and production properties and assets are accounted for in accordance with the Successful Efforts method. Exploratory wells are capitalized and tested for impairment on an individual basis as follows: - Costs of exploratory wells which result in proved reserves are capitalized and then depreciated using the unit-of-production method based on proved developed reserves; - Costs of exploratory wells are capitalized as work in progress until proved reserves have been found, if both of the following conditions are met: ● ● Costs of exploratory wells not meeting these conditions are charged to exploration costs. Oil and Gas production assets of exploration and production activities Development costs of oil and gas production facilities are capitalized. These costs include borrowing costs incurred during the period of construction and the present value of estimated future costs of asset retirement obligations. The depletion rate of development wells and of production assets is equal to the ratio of oil and gas production for the period to proved developed reserves (unit-of-production method). In the event that, due to the price effect on reserves evaluation, the unit-of-production method does not reflect properly the useful life of the asset, an alternative depreciation method is applied based on the reserves evaluated with the price of the previous year. This was the case for fiscal year 2020 where the method of unit-of-production depreciation was applied to all assets over 2020 based on proved reserves measured with the price used in 2019. As of December 31, 2021, this alternative method is no longer applied as, given the price used to assess the reserves, the unit-of-production method correctly reflects the useful life of the assets. With respect to phased development projects or projects subject to progressive well production start-up, the fixed assets’ depreciable amount, excluding production or service wells, is adjusted to exclude the portion of development costs attributable to the undeveloped reserves of these projects. With respect to production sharing contracts, the unit-of-production method is based on the portion of production and reserves assigned to TotalEnergies taking into account estimates based on the contractual clauses regarding the reimbursement of exploration, development and production costs (cost oil/gas) as well as the sharing of hydrocarbon rights after deduction of cost oil (profit oil/gas). Hydrocarbon transportation and processing assets are depreciated using the unit-of-production method based on throughput or by using the straight-line method whichever best reflects the economic life of the asset. Other property, plant and equipment Other property, plant and equipment are carried at cost, after deducting any accumulated depreciation and accumulated impairment losses. This cost includes borrowing costs directly attributable to the acquisition or production of a qualifying asset incurred until assets are placed in service. Borrowing costs are capitalized as follows: ● ● Routine maintenance and repairs are charged to expense as incurred. The costs of major turnarounds of refineries and large petrochemical units are capitalized as incurred and depreciated over the period of time between two consecutive major turnarounds. Other property, plant and equipment are depreciated using the straight-line method over their useful lives, which are as follows: ● Furniture, office equipment, machinery and tools 3 - 12 years ● Transportation equipment 5 - 20 years ● Storage tanks and related equipment 10 - 15 years ● Specialized complex installations and pipelines 10 - 30 years ● Buildings 10 - 50 years ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2021 ​ Depreciation and ​ (M$) Cost impairment Net Property, plant and equipment of exploration and production activities ​ ​ ​ Proved properties 212,264 (149,221) 63,043 Unproved properties 1,635 (268) 1,367 Work in progress 18,463 (831) 17,632 Subtotal 232,362 (150,320) 82,042 Other property, plant and equipment ​ ​ ​ Land 3,145 (973) 2,172 Machinery, plant and equipment (including transportation equipment) 38,285 (26,425) 11,860 Buildings 10,558 (6,646) 3,912 Work in progress 3,625 (8) 3,617 Other 10,434 (7,478) 2,956 Subtotal 66,047 (41,530) 24,517 TOTAL PROPERTY, PLANT AND EQUIPMENT 298,409 (191,850) 106,559 ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2020 ​ ​ ​ Depreciation and ​ ​ (M$) Cost impairment Net Property, plant and equipment of exploration and production activities ​ ​ ​ Proved properties 215,892 (147,914) 67,978 Unproved properties 2,978 (268) 2,710 Work in progress 13,873 (861) 13,012 Subtotal 232,743 (149,043) 83,700 Other property, plant and equipment ​ ​ ​ Land 2,999 (905) 2,094 Machinery, plant and equipment (including transportation equipment) 39,506 (27,381) 12,125 Buildings 11,184 (6,858) 4,326 Work in progress 3,063 (1) 3,062 Other 10,983 (7,955) 3,028 Subtotal 67,735 (43,100) 24,635 TOTAL PROPERTY, PLANT AND EQUIPMENT 300,478 (192,143) 108,335 ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2019 ​ ​ ​ Depreciation and ​ ​ (M$) Cost impairment Net Property, plant and equipment of exploration and production activities ​ ​ ​ Proved properties 210,071 (130,134) 79,937 Unproved properties 2,160 (288) 1,872 Work in progress 12,056 (569) 11,487 Subtotal 224,287 (130,991) 93,296 Other property, plant and equipment ​ ​ ​ Land 2,826 (792) 2,034 Machinery, plant and equipment (including transportation equipment) 36,747 (25,548) 11,199 Buildings 10,519 (6,032) 4,487 Work in progress 2,501 (2) 2,499 Other 10,137 (7,244) 2,893 Subtotal 62,730 (39,618) 23,112 TOTAL PROPERTY, PLANT AND EQUIPMENT 287,017 (170,609) 116,408 ​ Change in net property, plant and equipment is analyzed in the following table: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Currency ​ ​ ​ ​ ​ ​ Net amount as of ​ ​ ​ ​ ​ Depreciation and ​ translation ​ ​ ​ Net amount as of (M$) January 1, Expenditures Disposals impairment adjustment Other December 31, 2021 ​ 108,335 ​ 11,647 ​ (705) ​ (13,133) ​ (1,739) ​ 2,154 ​ 106,559 2020 ​ 116,408 ​ 9,980 ​ (611) ​ (21,544) ​ 1,706 ​ 2,396 ​ 108,335 2019 113,324 ​ 11,426 ​ (1,052) ​ (15,097) ​ (270) ​ 8,077 ​ 116,408 ​ In 2021, the heading “Disposals” mainly includes the sale of non-operated assets in Gabon for $397 million. In 2021, the heading “Depreciation and impairment” includes the impact of impairments of assets recognized for an amount of $615 million including the Company's assets in Myanmar and unconventional assets in the United States (see Note 3 paragraph D to the Consolidated Financial Statements). In 2021, the heading “Other” includes the impact of changes in the consolidation scope, and the impact of the new IFRS 16 contracts of the period (mainly new chartering contracts) for an amount of $1,786 million. In 2020, the heading “Disposals” mainly included the sale of non strategic assets in the United Kingdom for $240 million. In 2020, the heading “Depreciation and impairment” included the impact of impairments of assets recognized for an amount of $8,629 million (see Note 3 paragraph D to the Consolidated Financial Statements). In 2020, the heading “Other” included the impact of changes in the consolidation scope, the impact of the new IFRS 16 contracts of the period (mainly LNG carriers and FPSO vessels) for an amount of $1,815 million, and the reversal of the reclassification under IFRS 5 as at December 31, 2019 for $434 million corresponding to disposals (mainly non strategic assets in the United Kingdom and Total E&P Deep Offshore Borneo BV). In 2019, the heading "Disposals" mainly included the impact of the 4% sale of Ichthys LNG in Australia. In 2019, the heading "Depreciation and impairment" included the impact of impairments of assets recognized for an amount of $669 million (see Note 3 paragraph D to the Consolidated Financial Statements). In 2019, the heading "Other" principally corresponded to the effect of the first application of IFRS 16 for an amount of $5,698 million, the entries in the consolidation scope (including Anadarko assets for $767 million), and the reversal of the reclassification under IFRS 5 as at December 31, 2018 for $812 million corresponding to disposals. Following the application of IFRS 16 “Leases”, property, plant and equipment as at December 31, 2021, 2020 and 2019 presented above include the following amounts for rights of use of assets: ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2021 ​ ​ ​ Depreciation and ​ ​ (M$) Cost impairment Net Property, plant and equipment of exploration and production activities 3,228 (1,683) ​ 1,545 Other property, plant and equipment ​ ​ ​ ​ Land 1,441 (324) 1,117 Machinery, plant and equipment (including transportation equipment) 4,910 (1,819) 3,091 Buildings 1,853 (561) 1,292 Other 712 (404) 308 Subtotal 8,916 (3,108) 5,808 TOTAL PROPERTY, PLANT AND EQUIPMENT 12,144 (4,791) 7,353 ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2020 ​ ​ ​ Depreciation and ​ ​ (M$) Cost impairment Net Property, plant and equipment of exploration and production activities 2,758 (1,297) 1,461 Other property, plant and equipment ​ ​ ​ ​ Land 1,187 (222) 965 Machinery, plant and equipment (including transportation equipment) 4,606 (1,631) 2,975 Buildings 1,778 (385) 1,393 Other 682 (286) 396 Subtotal 8,253 (2,524) 5,729 TOTAL PROPERTY, PLANT AND EQUIPMENT 11,011 (3,821) 7,190 ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2019 ​ ​ ​ Depreciation and ​ ​ (M$) Cost impairment Net Property, plant and equipment of exploration and production activities 2,482 (517) 1,965 Other property, plant and equipment ​ ​ ​ ​ Land 1,031 (104) 927 Machinery, plant and equipment (including transportation equipment) 3,527 (999) 2,528 Buildings 1,545 (201) 1,344 Other 483 (134) 349 Subtotal 6,586 (1,438) 5,148 TOTAL PROPERTY, PLANT AND EQUIPMENT 9,068 (1,955) 7,113 ​

Equity affiliates, other invest

Equity affiliates, other investments and related parties	12 Months Ended
	Dec. 31, 2021
Equity affiliates, other investments and related parties
Equity affiliates, other investments and related parties	Note 8 Equity affiliates, other investments and related parties ​ 8.1 EQUITY AFFILIATES: INVESTMENTS AND LOANS Accounting principles Under the equity method, the investment in the associate or joint venture is initially recognized at acquisition cost and subsequently adjusted to recognize TotalEnergies’ share of the net income and other comprehensive income of the associate or joint venture. Unrealized gains on transactions between TotalEnergies and its equity-accounted entities are eliminated to the extent of TotalEnergies’ interest in the equity accounted entity. In equity affiliates, goodwill is included in investment book value. In cases where TotalEnergies holds less than 20% of the voting rights in another entity, the determination of whether TotalEnergies exercises significant influence is also based on other facts and circumstances: representation on the Board of Directors or an equivalent governing body of the entity, participation in policy-making processes, including participation in decisions relating to dividends or other distributions, significant transactions between the investor and the entity, exchange of management personnel, or provision of essential technical information. ​ The contribution of equity affiliates in the consolidated balance sheet, consolidated statement of income and consolidated statement of comprehensive income is presented below: ​ ​ ​ ​ ​ ​ ​ ​ Equity value ​ ​ ​ ​ ​ ​ As of December 31, ​ ​ ​ ​ ​ ​ (M$) 2021 2020 2019 Total Associates 17,244 15,745 17,026 Total Joint ventures 9,277 7,102 6,097 Total 26,521 22,847 23,123 Loans 4,532 5,129 3,999 TOTAL 31,053 27,976 27,122 ​ ​ ​ ​ ​ ​ ​ ​ Profit/(loss) ​ ​ ​ (M$) 2021 2020 2019 Total Associates 1,186 753 2,534 Total Joint ventures 2,252 (301) 872 TOTAL 3,438 452 3,406 ​ ​ ​ ​ ​ ​ ​ ​ Other comprehensive income ​ ​ ​ (M$) 2021 2020 2019 Total Associates 734 (1,704) 592 Total Joint ventures (28) (127) (184) TOTAL 706 (1,831) 408 ​ A) Information related to associates Information (100% gross) related to significant associates is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Exploration & production activites ​ Novatek (a) ​ Liquefaction entities ​ PetroCedeño (a) (M$) 2021 2020 2019 2021 2020 2019 2020 2019 ​ Non current assets 26,954 23,748 24,081 39,348 34,273 30,578 4,008 3,994 ​ Current assets 8,208 4,170 6,898 11,075 7,537 9,994 6,428 7,457 ​ TOTAL ASSETS 35,162 27,918 30,979 50,423 41,810 40,572 10,436 11,451 ​ Shareholder’s equity 25,944 22,160 24,884 23,867 23,403 23,640 4,548 4,548 ​ Non current liabilities 3,246 3,164 3,727 19,659 13,608 11,445 73 76 ​ Current liabilities 5,972 2,594 2,368 6,897 4,799 5,487 5,815 6,827 ​ TOTAL LIABILITIES 35,162 27,918 30,979 50,423 41,810 40,572 10,436 11,451 ​ Revenue from sales 15,876 9,733 13,227 23,243 15,584 22,684 66 356 ​ Net income 5,871 1,759 8,260 8,056 2,416 5,692 – (33) ​ Other comprehensive income (82) (3,206) 1,807 – – – ​ – – ​ % owned 19.40 % 19.40 % 19.40 % ​ ​ ​ 30.32 % 30.32 % Equity value 6,243 5,596 6,469 5,582 5,534 5,493 1,379 1,379 ​ Including goodwill and identifiable assets ​ 1,210 ​ 1,297 ​ 1,641 ​ 1,832 ​ 1,837 ​ 1,714 ​ – ​ – ​ Profit/(loss) 1,065 264 1,508 1,024 237 637 – (10) ​ Share of Other Comprehensive Income, net amount 446 (1,409) 634 85 (122) 23 – – ​ Dividends paid to TotalEnergies 387 229 266 817 406 752 – – ​ (a) Information includes the best Company’s estimates of results at the date of TotalEnergies’ financial statements. Novatek, listed in Moscow and London, is the 2 nd TotalEnergies is not aware of significant restrictions limiting the ability of OAO Novatek to transfer funds to its shareholder, be it under the form of dividends, repayment of advances or loans made. TotalEnergies’ interests in associates operating liquefaction plants are combined. The amounts include investments in: Nigeria LNG (15.00%), TotalEnergies LNG Angola (13.60%), Yemen LNG (39.62%), Qatar Liquefied Gas Company Limited (Qatargas) (10.00%), Qatar Liquefied Gas Company Limited II (16.70%), Oman LNG (5.54%), and Abu Dhabi Gas Liquefaction Company Limited (5.00%), Arctic LNG 2 (10.00%). TotalEnergies’ stake in PetroCedeño was sold in July 2021. ​ ​ ​ ​ ​ ​ ​ Adani Green Renewables and Electricity activities Energy Limited (b) ​ (M$) 2021 ​ Non current assets 6,223 ​ Current assets 1,042 ​ TOTAL ASSETS 7,265 ​ ​ ​ ​ ​ Shareholder’s equity 316 ​ Non current liabilities 5,560 ​ Current liabilities 1,389 ​ TOTAL LIABILITIES 7,265 ​ ​ ​ ​ ​ Revenue from sales 545 ​ Net income 35 ​ Other comprehensive income (10) ​ ​ ​ ​ ​ % owned 20.00 % Equity value 2,102 ​ including goodwill and identifiable assets 2,039 ​ Profit/(loss) 7 ​ Share of Other Comprehensive Income, net amount 6 ​ Dividends paid to TotalEnergies – ​ ​ ​ ​ ​ ​ (b) Interest acquired in 2021 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Saudi Aramco Total ​ ​ ​ ​ ​ ​ Refining & Chemicals activities ​ Refining & Petrochemicals ​ Qatar (M$) 2021 2020 2019 2021 2020 2019 Non current assets ​ 10,264 10,698 10,976 3,909 4,105 4,160 Current assets 2,221 1,211 1,793 1,908 1,521 1,571 TOTAL ASSETS 12,485 11,909 12,769 5,817 5,626 5,731 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Shareholder’s equity 1,164 1,256 2,113 2,693 2,717 2,676 Non current liabilities 7,322 7,994 8,098 1,906 2,171 2,150 Current liabilities 3,999 2,659 2,558 1,218 738 905 TOTAL LIABILITIES 12,485 11,909 12,769 5,817 5,626 5,731 Revenue from sales 11,123 6,031 10,522 9,266 5,222 8,225 Net income (245) (686) (171) 649 91 42 Other comprehensive income 155 (171) (124) (5) – 111 % owned 37.50 % 37.50 % 37.50 % ​ ​ ​ ​ ​ Equity value 437 471 792 693 716 706 including goodwill and identifiable assets ​ – ​ – ​ – ​ – ​ – ​ – Profit/(loss) (92) (257) (64) 174 57 91 Share of Other Comprehensive Income, net amount 116 (128) (33) 13 (16) 14 Dividends paid to TotalEnergies – – – 199 63 159 ​ Saudi Aramco Total Refining & Petrochemicals is an entity including a refinery in Jubail, Saudi Arabia, with a capacity of 460,000 barrels/day with integrated petrochemical units. The TotalEnergies’ interests in associates of the Refining & Chemicals segment, operating steam crackers and polyethylene lines in Qatar have been combined: Qatar Petrochemical Company Ltd. (20.00%), Qatofin (49.09%), Laffan Refinery (10.00%) and Laffan Refinery II (10.00%). B) Information related to joint ventures The information (100% gross) related to significant joint ventures is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Liquefaction entities ​ Hanwha Total Petrochemicals ​ ​ ​ (Integrated Gas, Renewables & Power) ​ (Refining & Chemicals) ​ (M$) 2021 2020 2019 2021 2020 2019 ​ Non current assets ​ 66,924 70,425 70,279 4,443 ​ 4,664 ​ 4,310 ​ Current assets excluding cash and cash equivalents 2,912 1,513 1,866 ​ 2,117 1,575 1,842 ​ Cash and cash equivalents 2,312 1,834 1,678 151 303 322 ​ TOTAL ASSETS 72,148 73,772 73,823 6,711 6,542 6,474 ​ Shareholder’s equity 9,956 4,433 7,151 3,538 3,443 3,319 ​ Other non current liabilities 8,205 8,259 6,864 164 167 150 ​ Non current financial debts 50,920 58,128 56,379 1,241 1,703 1,761 ​ Other current liabilities 3,067 2,952 3,429 1,055 583 756 ​ Current financial debts – – – 713 646 488 ​ TOTAL LIABILITIES 72,148 73,772 73,823 6,711 6,542 6,474 ​ Revenue from sales 14,380 8,543 9,240 8,600 5,734 8,437 ​ Depreciation and depletion of tangible assets and mineral interests (3,058) (3,130) (3,040) (312) (278) (256) ​ Interest income – 2 5 – – – ​ Interest expense (2,599) (2,972) (2,993) (44) (2) (14) ​ Income taxes (1,448) 77 (270) (222) (69) (124) ​ Net income 5,600 (2,399) 383 620 133 302 ​ Other comprehensive income 323 (323) (429) (308) 194 (116) ​ % owned ​ ​ ​ ​ ​ ​ 50.00 % 50.00 % 50.00 % Equity value 2,725 1,602 2,318 1,769 1,721 1,660 ​ including goodwill and identifiable assets 502 546 660 – – – ​ Profit/(loss) 1,119 (633) (19) 310 67 150 ​ Share of Other Comprehensive Income, net amount 84 (84) (112) (150) 87 (68) ​ Dividends paid to TotalEnergies 81 – – 109 102 200 ​ ​ TotalEnergies’ interests in joint ventures operating liquefaction plants have been combined. The amounts include investments in Yamal LNG in Russia (20.02% direct holding) and Ichthys LNG in Australia (26.00%). Hanwha Total Petrochemicals is a South Korean company that operates a petrochemical complex in Daesan (condensate separator, steam cracker, styrene, paraxylene, polyolefins). Off balance sheet commitments relating to joint ventures are disclosed in Note 13 of the Consolidated Financial Statements. C) Other equity consolidated affiliates In TotalEnergies share, the main aggregated financial items in equity consolidated affiliates including assets held for sale, which have not been presented individually are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2021 ​ 2020 ​ 2019 As of December 31, ​ ​ ​ Joint ​ ​ ​ Joint ​ ​ ​ Joint (M$) Associates ventures Associates ventures Associates ventures Non Current assets ​ 5,987 ​ 9,745 ​ 5,454 ​ 7,002 ​ 5,435 ​ 4,287 Current assets 1,849 1,799 1,299 1,671 1,357 1,276 TOTAL ASSETS 7,836 11,544 6,753 8,673 6,792 5,563 Shareholder’s equity 1,366 2,531 1,183 1,963 1,405 1,437 Non current liabilities 5,455 7,460 4,881 5,469 4,412 3,091 Current liabilities 1,015 1,553 689 1,241 975 1,035 TOTAL LIABILITIES 7,836 11,544 6,753 8,673 6,792 5,563 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2021 ​ 2020 ​ 2019 For the year ended December 31, ​ ​ ​ Joint ​ ​ ​ Joint ​ ​ ​ Joint (M$) Associates ventures Associates ventures Associates ventures Revenues from sales ​ 2,450 ​ 4,850 2,154 ​ 3,116 2,190 ​ 3,535 NET INCOME 514 381 478 202 383 288 Share of other comprehensive income items 68 38 (29) (130) (46) (4) Equity value 2,188 4,782 2,049 3,779 2,187 2,119 Profit/(Loss) ​ (992) ​ 823 ​ 452 ​ 265 ​ 372 ​ 741 Dividends paid to TotalEnergies 498 96 409 59 362 50 ​ 8.2 OTHER INVESTMENTS Accounting principles Other investments are equity instruments and are measured according to IFRS 9 at fair value through profit and loss (default option). On initial recognition, the standard allows to make an election to record the changes of fair value in other comprehensive income. For these equity instruments, only dividends can be recognized in profit or loss. TotalEnergies recognizes changes in fair value in equity or in profit or loss according to the option chosen on an instrument by instrument basis. For quoted shares on active markets, this fair value is based on the market price. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of ​ ​ As of As of December 31, 2021 ​ January 1, ​ Increase - ​ Change in ​ December 31, (M$) ​ 2021 ​ Decrease ​ fair value ​ 2021 Enphase Energy Inc ​ 613 ​ (177) ​ 21 ​ 457 Tellurian Investments Inc. ​ 57 ​ (111) ​ 54 ​ – Other shares through fair value OCI (unit value < $50M) 113 12 (9) 116 Equity instruments recorded through fair value OCI 783 (276) 66 573 BBPP 58 (58) – – BTC Limited 27 – (13) 14 Other shares through fair value P&L (unit value < $50M) 1,139 (106) 5 1,038 Equity instruments recorded through fair value P&L 1,224 (164) (8) 1,052 TOTAL EQUITY INSTRUMENTS 2,007 (440) 58 1,625 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of ​ ​ ​ ​ ​ As of As of December 31, 2020 January 1, Increase - Change in December 31, (M$) ​ 2020 Decrease fair value ​ 2020 Enphase Energy Inc 173 ​ (251) ​ 691 ​ 613 Tellurian Investments Inc. 207 ​ (1) ​ (149) ​ 57 Other shares through fair value OCI (unit value < $50M) 126 (4) (9) 113 Equity instruments recorded through fair value OCI 506 (256) 533 783 BBPP 62 (4) – 58 BTC Limited ​ 28 – (1) 27 Tas Helat Marketing Company (a) ​ 108 (108) – – Other shares through fair value P&L (unit value < $50M) ​ 1,074 84 (19) 1,139 Equity instruments recorded through fair value P&L 1,272 (28) (20) 1,224 TOTAL EQUITY INSTRUMENTS 1,778 (284) 513 2,007 (a) Tas Helat Marketing Company is a joint venture with SAUDI ARAMCO to develop the retail business. It was consolidated in 2020 (using the equity method). ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of ​ ​ ​ ​ ​ As of As of December 31, 2019 ​ January 1, Increase - Change in December 31, (M$) 2019 Decrease fair value ​ 2019 Enphase Energy Inc 36 ​ (5) ​ 142 ​ 173 Tellurian Investments Inc. 207 ​ – ​ – ​ 207 Other shares through fair value OCI (unit value < $50M) 119 7 – 126 Equity instruments recorded through fair value OCI 362 2 142 506 BBPP 62 – – 62 BTC Limited 50 – (22) 28 Tas Helat Marketing Company (a) ​ – 108 – 108 Total Lubrificantes do Brasil (b) ​ 111 (111) – – Other shares through fair value P&L (unit value < $50M) ​ 836 238 – 1,074 Equity instruments recorded through fair value P&L 1,059 235 (22) 1,272 TOTAL EQUITY INSTRUMENTS 1,421 237 120 1,778 (a) Tas Helat Marketing Company is a joint venture with SAUDI ARAMCO to develop the retail business. It will be consolidated in 2020 (using the equity method). (b) Total Lubrificantes do Brasil was consolidated in 2019. ​ 8.3 RELATED PARTIES The main transactions as well as receivable and payable balances with related parties (principally non-consolidated subsidiaries and equity consolidated affiliates) are detailed as follows: ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, ​ ​ ​ (M$) ​ 2021 ​ 2020 ​ 2019 Balance sheet ​ ​ ​ Receivables ​ ​ ​ Debtors and other debtors 809 545 486 Loans (excl. loans to equity affiliates) 113 89 42 Payables ​ ​ ​ Creditors and other creditors 1,347 662 968 Debts 2 3 2 ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, ​ ​ ​ ​ ​ ​ (M$) 2021 2020 2019 Statement of income ​ ​ ​ Sales 4,250 3,134 4,127 Purchases (13,473) (7,183) (10,158) Financial income – 1 4 Financial expense (8) (6) (4) ​ 8.4 COMPENSATION FOR THE ADMINISTRATION AND MANAGEMENT BODIES The aggregated amount of direct and indirect compensation accounted by the French and foreign affiliates of TotalEnergies, for all executive officers of TotalEnergies as of December 31 and for the members of the Board of Directors who are employees of TotalEnergies, is detailed below. During fiscal year 2020, the Corporation, taking into account the definition from US regulations applicable to Executive Officers and in the interest of harmonization, has chosen to reduce the list of its Executive Officers to the members of the Executive Committee in order to align this list with the list of “Persons Discharging Managerial Responsibilities” (PDMR) within the sense of Article 19.5 of Regulation (EU) No. 596/2014 on Market Abuse (“Regulation”). For the purposes of this Regulation, PDMRs are defined as the persons referred to in Article L. 621-18-2 (a) of the French Monetary and Financial Code (the “Directors”) and the persons referred to in Article L. 621-18-2 (b) of the same code that TotalEnergies SE has defined as the members of TotalEnergies Executive Committee (“Comex”). As of December 31, 2021 and December 31, 2020, TotalEnergies Executive Officers are the members of the Executive Committee, i.e. eight people. As of December 31, 2019, TotalEnergies Executive Officers included the members of the Executive Committee and the four directors of the corporate functions members of TotalEnergies Performance Management Committee (Communication, Legal, Health, Safety and Environment, Investor relations), and the TotalEnergies Treasurer, i.e. thirteen people. There are three employees members of the Board of Directors on December 31, 2021 and December 31, 2020. They were two on December 31, 2019. The increase in the number of employees members results from the appointment of a second director representing employees on the Board of Directors in accordance with the French “Pacte law” of May 22, 2019. ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, ​ ​ ​ (M$) 2021 2020 2019 Number of people 11 11 15 Direct or indirect compensation 11.9 12.6 15.0 Pension expenses (a) 1.4 1.5 (4.9) Share-based payments expense (IFRS 2) (b) 4.9 7.2 8.7 ​ (a) The benefits provided for Executive Officers of TotalEnergies and the members of the Board of Directors, who are employees of TotalEnergies, include severance to be paid upon retirement, supplementary pension schemes and insurance plans, which represent a commitment of $90.7 million as of December 31, 2021 (against $129.0 million as of December 31, 2020 and $113.3 million as of December 31, 2019). Converted into Euros, this commitment amounts to €80.1 million as of December 31, 2021 (against €105.2 million as of December 31, 2020 and €100.8 million as of December 31, 2019). (b) Share-based payments expense computed for the Executive Officers and the members of the Board of Directors who are employees of TotalEnergies and based on the principles of IFRS 2 “Share-based payments” described in Note 9. Restating the 2019 data to the scope of TotalEnergies’ Executive Officers as defined in 2020, the detail of the compensation is as follows: ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, ​ ​ (M$) 2021 2020 2019 Number of people 11 11 10 Direct or indirect compensation 11.9 12.6 12.0 Pension expenses 1.4 1.5 (2.4) Share-based payments expense (IFRS2) 4.9 7.2 7.7 ​ The compensation allocated to members of the Board of Directors as directors’ fees totaled $2.06 million in 2021 ($1.44 million in 2020 and $1.57 million in 2019).

Shareholders' equity and share-

Shareholders' equity and share-based payments	12 Months Ended
	Dec. 31, 2021
Shareholders' equity and share-based payments
Shareholders' equity and share-based payments	Note 9 Shareholders’ equity and share-based payments ​ 9.1 SHAREHOLDERS’ EQUITY Number of TotalEnergies shares and rights attached As of December 31, 2021, the share capital of TotalEnergies SE amounts to €6,601,073,322.50, divided into 2,640,429,329 shares, with a par value of €2.50. There is only one category of shares. The shares may be held in either registered or bearer form. The authorized share capital amounts to 3,686,636,841 shares as of December 31, 2021 compared to 3,668,371,962 shares as of December 31, 2020 and 3,593,399,547 shares as of December 31, 2019. A double voting right is assigned to shares that are fully-paid and held in registered form in the name of the same shareholder for at least two years, with due consideration for the total portion of the share capital represented. A double voting right is also assigned, in the event of an increase in share capital by incorporation of reserves, profits or premiums, to registered shares granted without charge to a shareholder due to shares already held that are entitled to this right. Pursuant to the Corporation’s bylaws (Statutes), no shareholder may cast a vote at a Shareholders’ Meeting, either by himself or through an agent, representing more than 10% of the total voting rights for the Corporation’s shares. This limit applies to the aggregated amount of voting rights held directly, indirectly or through voting proxies. However, in the case of double voting rights, this limit may be extended up to 20% of the total voting rights for the Corporation’s shares. These restrictions no longer apply if any individual or entity, acting alone or in concert, acquires at least two Share cancellation The Board of Directors, pursuant to the authorization granted by the Extraordinary Shareholders’ Meeting on May 26, 2017, in the thirteenth resolution to reduce, on one or more occasions, the Corporation’s share capital by cancelling shares, in accordance with the provisions of Articles L. 225-209 and L. 225-213 of the French Commercial Code, has proceeded with the following cancellation of TotalEnergies shares: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Percentage ​ ​ ​ ​ Number of shares ​ Buybacks for the purpose of of the share ​ ​ ​ Board of Directors’ ​ bought back and ​ cancellation of the ​ the shareholder capital ​ Fiscal year decision date cancelled dilution (a) return policy cancelled (b) 2021 ​ February 8, 2021 23,284,409 shares bought back between October 31, 2019 and March 9, 2020 n/a 23,284,409 shares 0.88 % 2019 ​ December 11, 2019 65,109,435 shares bought back between October 29, 2018 and September 9, 2019 34,860,133 shares issued as payment for the 1 st nd rd 30,249,302 shares 2.44 % (a) Cancellation of the dilution for the shares issued, without discount, for the scrip dividend. (b) Percentage of the share capital that the cancelled shares represented on the operations’ date. ​ Variation of the number of shares composing the share capital ​ ​ ​ ​ ​ ​ AS OF DECEMBER 31, 2018 (a) ​ 2,640,602,007 ​ ​ 2019 Capital increase reserved for employees ​ 10,047,337 ​ Capital increase as payment of the scrip dividend (second and third 2018 interim dividend) 16,076,936 ​ Exercise of TotalEnergies share subscription options ​ 264,230 ​ Capital reduction by cancellation of treasury shares (65,109,435) AS OF DECEMBER 31, 2019 (b) 2,601,881,075 ​ Deferred contribution pursuant to the 2015 capital increase reserved for employees 18,879 ​ ​ 2020 Capital increase reserved for employees ​ 13,160,383 ​ ​ Capital increase as payment of the scrip dividend (final 2019 dividend) ​ 38,063,688 AS OF DECEMBER 31, 2020 (c) 2,653,124,025 ​ Capital reduction by cancellation of treasury shares (23,284,409) ​ ​ 2021 Capital increase reserved for employees ​ 10,589,713 AS OF DECEMBER 31, 2021 (d) 2,640,429,329 (a) Including 32,473,281 treasury shares deducted from consolidated shareholders’ equity. (b) Including 15,474,234 treasury shares deducted from consolidated shareholders’ equity. (c) Including 24,392,703 treasury shares deducted from consolidated shareholders’ equity. (d) Including 33,841,104 treasury shares deducted from consolidated shareholders’ equity. Capital increase reserved for employees The Extraordinary Shareholders’ Meeting (“ ESM ESOP In fiscal year 2021, the Board of Directors of September 15, 2021, by virtue of the seventeenth resolution above-mentioned, decided to proceed with a capital increase reserved for employees and retirees within the limit of 18 million shares with immediate dividend rights. On this occasion, the Board of Directors has granted all powers to the Chairman and Chief Executive Officer to determine the opening and closing dates of the subscription period and the subscription price. This capital increase is expected to be completed after the Shareholders’ Meeting of May 25, 2022. During the fiscal years 2021, 2020 and 2019, the Corporation completed the following ESOP, which terms are set out below: ​ ​ ​ ​ ​ ​ ​ ​ Fiscal year 2021 2020 2019 Date of the ESOP ​ June 9, 2021 ​ June 11, 2020 ​ June 6, 2019 By virtue of ​ 20 th ​ 18 th ​ 18 th Subscriptions ​ ​ ​ ​ ​ Number of shares subscribed ​ 10,376,190 ​ 12,952,925 ​ 9,845,111 Subscription price ​ 30.50 euros ​ 26.20 euros ​ 40.10 euros Free shares ​ ​ ​ ​ ​ Number of shares granted ​ 213,523 ​ 207,458 ​ 202,226 By virtue of ​ ​ ​ 19 th ​ 19 th Deferred contribution ​ ​ ​ ​ ​ Number of shares granted ​ – ​ 1,380 ​ 5,932 Number of beneficiaries ​ – ​ 276 ​ 1,187 End of the acquisition period ​ – ​ June 11, 2025 ​ June 6, 2024 ​ Treasury shares ​ Accounting principles Treasury shares held by TotalEnergies SE, or by its subsidiaries are deducted from consolidated shareholders’ equity. Gains or losses on sales of treasury shares are excluded from the determination of net income and are recognized in shareholders’ equity. ​ Number of treasury shares held by TotalEnergies SE ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2021 2020 2019 Number of treasury shares held by TotalEnergies SE 33,841,104 24,392,703 15,474,234 Percentage of share capital 1.28 % 0.92 % 0.59 % Of which shares acquired with the intention to cancel them ​ 30,665,526 ​ 23,284,409 ​ 11,051,144 ​ Of which shares allocated to TotalEnergies share performance plans 3,103,018 ​ 1,055,446 4,357,324 Of which shares intended to be allocated to new share performance or purchase options plans 72,560 52,848 65,766 ​ Paid-in surplus In accordance with French law, the paid-in surplus corresponds to premiums related to shares issuances, contributions or mergers of the parent company which can be capitalized or used to offset losses if the legal reserve has reached its minimum required level. The amount of the paid-in surplus may also be distributed subject to taxation except when it qualifies as a refund of shareholder contributions. As of December 31, 2021, paid-in surplus relating to TotalEnergies SE amounted to €36,030 million (€36,722 million as of December 31, 2020 and €35,415 million as of December 31, 2019). Reserves Under French law, 5% of net income must be transferred to the legal reserve until the legal reserve reaches 10% of the nominal value of the share capital. This reserve cannot be distributed to the shareholders other than upon liquidation but can be used to offset losses. If wholly distributed, the unrestricted reserves of TotalEnergies SE would be taxed for an approximate amount of $362 million as of December 31, 2021 ($492 million as of December 31, 2020 and $575 million as of December 31, 2019) due to additional corporation tax applied on regulatory reserves so that they become distributable. Earnings per share ​ Accounting principles Earnings per share is calculated by dividing net income (TotalEnergies share) by the weighted-average number of common shares outstanding during the period, excluding TotalEnergies shares held by TotalEnergies SE (Treasury shares) which are deducted from consolidated shareholders’ equity. Diluted earnings per share is calculated by dividing net income (TotalEnergies share) by the fully-diluted weighted-average number of common shares outstanding during the period. Treasury shares held by the parent company, TotalEnergies SE are deducted from consolidated shareholders’ equity. These shares are not considered outstanding for purposes of this calculation which also takes into account the dilutive effect of share subscription or purchase options plans, share grants and capital increases with a subscription period closing after the end of the fiscal year. The weighted-average number of fully-diluted shares is calculated in accordance with the treasury stock method provided for by IAS 33. The proceeds, which would be recovered in the event of an exercise of rights related to dilutive instruments, are presumed to be a share buyback at the average market price over the period. The number of shares thereby obtained leads to a reduction in the total number of shares that would result from the exercise of rights. In compliance with IAS 33, earnings per share and diluted earnings per share are based on the net income after deduction of the remuneration due to the holders of deeply subordinated notes. ​ The variation of both weighted-average number of shares and weighted-average number of diluted shares respectively, as of December 31, respectively used in the calculation of earnings per share and fully-diluted earnings per share is detailed as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ 2021 2020 2019 Number of shares as of January 1, 2,653,124,025 ​ 2,601,881,075 ​ 2,640,602,007 TotalEnergies shares held by TotalEnergies SE or by its subsidiaries and deducted from shareholders' equity ​ (24,392,703) ​ (15,474,234) ​ (32,473,281) Evolution of the number of shares during the financial year (pro-rated) ​ ​ ​ Exercise of TotalEnergies share subscription options – – 157,153 Final grant of TotalEnergies performance shares 3,810,430 2,154,064 2,140,576 Capital increase reserved for employees (a) 6,177,333 7,689,476 5,860,947 Capital increase as payment of the scrip dividend ​ – ​ 17,445,857 ​ 12,360,894 Buyback of TotalEnergies treasury shares including: (7,296,460) (11,669,489) (27,026,481) Shares repurchased during the fiscal year to cancel the dilution caused by the scrip dividend payment and within the framework of the share buyback program ​ (3,762,794) ​ (10,666,710) ​ (24,818,443) Shares repurchased during the fiscal year to cover for the performance share plans ​ (3,533,666) ​ (1,002,779) ​ (2,208,038) WEIGHTED-AVERAGE NUMBER OF SHARES 2,631,422,625 2,602,026,749 2,601,621,815 Dilutive effect ​ ​ ​ Grant of TotalEnergies share subscription or purchase options – – 33,636 Grant of TotalEnergies performance shares 14,492,673 – 14,593,030 Capital increase reserved for employees (a) 1,552,947 – 1,759,407 WEIGHTED-AVERAGE NUMBER OF DILUTED SHARES AS OF DECEMBER 31, (b) 2,647,468,245 2,602,026,749 2,618,007,888 (a) Including the capital increase in consideration to the deferred contribution pursuant to the capital increase reserved for employees. (b) In 2020, the effect generated by the grant of TotalEnergies performance shares and by the capital increase reserved for employees (19,007,836 shares) is anti-dilutive. In accordance with IAS 33, the weighted-average number of diluted shares is therefore equal to the weighted-average number of shares. Earnings per share in euros The earnings per share in euros, converted from the earnings per share in dollars, by using the average exchange rate euro/dollar, is €5.03 per share for 2021 closing (€(2.54) for 2020 closing). The fully-diluted earnings per share calculated by using the same method is €5.01 per share for 2021 closing (€(2.54) for 2020 closing). Dividend The Board of Directors, on February 9, 2022, after approving the financial statements for the 2021 fiscal year, decided to propose to the Shareholders’ Meeting on May 25, 2022 the payment of a €2.64 dividend per share for the fiscal year 2021. Subject to the Shareholders’ decision, considering the first three interim dividends already decided by the Board of Directors, the final dividend for the fiscal year 2021 will be €0.66 per share. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2021 Dividend ​ First interim ​ Second interim ​ Third interim ​ Final Amount ​ ​ €0.66 ​ ​ €0.66 ​ ​ €0.66 ​ ​ €0.66 Set date ​ April 28, 2021 ​ July 28, 2021 ​ October 27, 2021 ​ May 25, 2022 Ex-dividend date ​ September 21, 2021 ​ January 3, 2022 ​ March 22, 2022 ​ June 21, 2022 Payment date ​ October 1, 2021 ​ January 13, 2022 ​ April 1, 2022 ​ July 1, 2022 ​ Issuances of perpetual subordinated notes On 17 January 2022, TotalEnergies SE issued two tranches of perpetual subordinated notes in euro: - Deeply subordinated notes 2.000% perpetual maturity callable after 5.25 years (€1,000 million); and - Deeply subordinated notes 3.250% perpetual maturity callable after 15 years (€750 million). These two tranches were issued to refinance the €1,750 million perpetual subordinated notes with a first call date scheduled in May 2022. On 25 January 2021, TotalEnergies SE issued two tranches of perpetual subordinated notes in euro: - Deeply subordinated notes 1.625% perpetual maturity callable after 7 years (€1,500 million); and - Deeply subordinated notes 2.125% perpetual maturity callable after 12 years (€1,500 million). In 2020, TotalEnergies SE issued perpetual subordinated notes in euro: - Deeply subordinated notes 2.000% perpetual maturity callable after 10 years (€1,000 million). In parallel with this issuance, TotalEnergies SE partially tendered perpetual 2.250% subordinated notes issued in 2015 (of which the outstanding nominal amount before the operation was €1,000 million following a first partial tender executed in April 2019) for an amount of €703 million. Following this transaction, the new nominal amount of the tendered tranche was €297 million and TotalEnergies’ total outstanding amount of perpetual subordinated notes rose temporarily by €297 million. This residual amount was fully repaid in February 2021 on its first call date. In 2019, TotalEnergies SE issued perpetual subordinated notes in euro: - Deeply subordinated notes 1.750% perpetual maturity callable after 5 years (€1,500 million). In parallel with this issuance, TotalEnergies SE partially tendered perpetual 2.250% subordinated notes issued in 2015 for an amount of €1,500 million. Following this transaction, the new nominal amount of the tranche tendered was €1,000 million and TotalEnergies’ total outstanding amount of perpetual subordinated notes remained unchanged. In 2018 and 2017, TotalEnergies SE did not issue any perpetual subordinated notes. In 2016, TotalEnergies SE issued three tranches of perpetual subordinated notes in euro: - Deeply subordinated notes 3.875% perpetual maturity callable after 6 years (€1,750 million); - Deeply subordinated notes 2.708% perpetual maturity callable after 6.6 years (€1,000 million); and - Deeply subordinated notes 3.369% perpetual maturity callable after 10 years (€1,500 million). In 2015, TotalEnergies SE issued two tranches of perpetual subordinated notes in euro: - Deeply subordinated notes 2.250% perpetual maturity callable after 6 years (€2,500 million); and - Deeply subordinated notes 2.625% perpetual maturity callable after 10 years (€2,500 million). Based on their characteristics (mainly no mandatory repayment and no obligation to pay a coupon except under certain circumstances specified into the documentation of the notes) and in compliance with IAS 32 standard – Financial instruments - Presentation As of December 31, 2021, the amount of perpetual deeply subordinated notes booked in TotalEnergies shareholders' equity is $13,922 million. The coupons attributable to the holders of these securities are recognized as a deduction from TotalEnergies shareholders' equity for an amount of $368 million for fiscal year 2021 closing. The tax saving due to these coupons is booked in the statement of income. Other comprehensive income Detail of other comprehensive income showing both items potentially reclassifiable and those not potentially reclassifiable from equity to net income is presented in the table below: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, ​ ​ ​ ​ ​ ​ ​ ​ ​ (M$) 2021 2020 2019 Actuarial gains and losses ​ 1,035 ​ (212) ​ (192) Change in fair value of investments in equity instruments ​ ​ ​ 66 ​ ​ ​ 533 ​ ​ ​ 142 Tax effect (411) 65 53 Currency translation adjustment generated by the parent company (7,202) 7,541 (1,533) Sub-total items not potentially reclassifiable to profit & loss (6,512) 7,927 (1,530) Currency translation adjustment 4,216 (4,645) 740 – Unrealized gain/(loss) of the period ​ 4,380 ​ (4,607) ​ 800 – Less gain/(loss) included in net income ​ 164 ​ 38 ​ 60 Cash flow hedge ​ 278 (313) (599) – Unrealized gain/(loss) of the period ​ 109 ​ (175) ​ (552) – Less gain/(loss) included in net income ​ (169) ​ 138 ​ 47 Variation of foreign currency basis spread ​ ​ ​ 2 ​ ​ ​ 28 ​ ​ ​ 1 – Unrealized gain/(loss) of the period ​ ​ ​ (47) ​ ​ ​ (22) ​ ​ ​ (57) – Less gain/(loss) included in net income ​ ​ ​ (49) ​ ​ ​ (50) ​ ​ ​ (58) Share of other comprehensive income of equity affiliates, net amount ​ 706 ​ (1,831) 408 – Unrealized gain/(loss) of the period ​ 626 ​ (1,841) ​ 421 – Less gain/(loss) included in net income ​ (80) ​ (10) ​ 13 Other ​ (1) ​ (8) (3) Tax effect ​ (135) 72 202 Sub-total items potentially reclassifiable to profit & loss ​ 5,066 (6,697) 749 TOTAL OTHER COMPREHENSIVE INCOME, NET AMOUNT (1,446) 1,230 (781) ​ The currency translation adjustment by currency is detailed in the following table: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2021 ​ ​ ​ ​ ​ Pound ​ ​ ​ Other (M$) Total Euro sterling Ruble currencies Currency translation adjustment generated by the parent company (7,202) (7,202) – – – Currency translation adjustment 4,216 4,654 (180) (1) (257) Currency translation adjustment of equity affiliates 536 730 4 (27) (171) TOTAL CURRENCY TRANSLATION ADJUSTMENT RECOGNIZED IN COMPREHENSIVE INCOME (2,450) (1,818) (176) (28) (428) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2020 ​ ​ Pound ​ Other (M$) Total Euro sterling Ruble currencies Currency translation adjustment generated by the parent company 7,541 7,541 – – – Currency translation adjustment (4,645) (4,668) 115 (12) (80) Currency translation adjustment of equity affiliates (1,657) (851) (11) (886) 91 TOTAL CURRENCY TRANSLATION ADJUSTMENT RECOGNIZED IN COMPREHENSIVE INCOME 1,239 2,022 104 (898) 11 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2019 ​ ​ Pound ​ Other (M$) Total Euro sterling Ruble currencies Currency translation adjustment generated by the parent company (1,533) (1,533) – – – Currency translation adjustment 740 636 138 7 (41) Currency translation adjustment of equity affiliates 607 149 (7) 530 (65) TOTAL CURRENCY TRANSLATION ADJUSTMENT RECOGNIZED IN COMPREHENSIVE INCOME (186) (748) 131 537 (106) ​ Tax effects relating to each component of other comprehensive income are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2021 2020 ​ 2019 For the year ended December 31, Pre-tax Tax Net Pre-tax Tax Net Pre-tax Tax Net (M$) ​ amount effect amount ​ amount effect amount ​ amount effect amount Actuarial gains and losses ​ 1,035 (372) 663 ​ (212) 47 (165) ​ (192) 55 (137) Change in fair value of investments in equity instruments ​ 66 ​ (39) ​ 27 ​ 533 ​ 18 ​ 551 ​ 142 ​ (2) ​ 140 Currency translation adjustment generated by the parent company ​ (7,202) – (7,202) ​ 7,541 – 7,541 ​ (1,533) – (1,533) Sub-total items not potentially reclassifiable to profit & loss ​ (6,101) (411) (6,512) ​ 7,862 65 7,927 ​ (1,583) 53 (1,530) Currency translation adjustment ​ 4,216 – 4,216 ​ (4,645) – (4,645) ​ 740 – 740 Cash flow hedge ​ 278 (130) 148 ​ (313) 79 (234) ​ (599) 202 (397) Variation of foreign currency basis spread ​ 2 ​ (5) ​ (3) ​ 28 ​ (7) ​ 21 ​ 1 ​ – ​ 1 Share of other comprehensive income of equity affiliates, net amount ​ 706 – 706 ​ (1,831) – (1,831) ​ 408 – 408 Other ​ (1) – (1) ​ (8) – (8) ​ (3) – (3) Sub-total items potentially reclassifiable to profit & loss ​ 5,201 (135) 5,066 ​ (6,769) 72 (6,697) ​ 547 202 749 TOTAL OTHER COMPREHENSIVE INCOME ​ (900) (546) (1,446) ​ 1,093 137 1,230 ​ (1,036) 255 (781) ​ Non-controlling interests As mentioned in Note 2.1 Main acquisitions and divestments, TotalEnergies has completed a transaction with GIP for a consideration of more than $750 million, with an effective date January 1, 2021. GIP's participation is recognized as non-controlling interest. 9.2 SHARE-BASED PAYMENTS Accounting principles TotalEnergies SE may grant employees share subscription or purchase options plans, performance shares plans and offer its employees the opportunity to subscribe to reserved capital increases. These employee benefits are recognized as expenses with a corresponding credit to shareholders’ equity. The expense is equal to the fair value of the instruments granted. The expense is recognized on a straight-line basis over the period in which the advantages are acquired. The fair value of the options is calculated using the Black-Scholes model at the grant date. For performance shares plans, the fair value is calculated using the market price at the grant date after deducting the expected distribution rate during the vesting period. The global cost is reduced to take into account the non-transferability over a 2-year holding period of the shares that could be awarded. The number of allocated equity instruments can be revised during the vesting period in cases of non-compliance with performance conditions, with the exception of those related to the market, or according to the rate of turnover of the beneficiaries. The cost of employee-reserved capital increases is immediately expensed. The cost of the capital increase reserved for employees consists of the cost related to the discount on the shares subscribed using the classic and/or the leveraged schemes, the cost of the free shares and the opportunity gain for the shares subscribed using the leveraged scheme, as applicable. This opportunity gain corresponds to the benefit of subscribing to the leveraged offer, rather than reproducing the same economic profile through the purchase of options in the market for individual investors. The global cost is reduced to take into account the non-transferability of the shares that are subscribed by the employees over a period of five years. ​ A. TotalEnergies share subscription or purchase option plans ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted ​ ​ ​ ​ ​ ​ ​ average ​ ​ ​ 2011 Plan ​ Total ​ exercise price ​ Date of the Shareholders’ Meeting 5/21/2010 ​ Award date (a) 9/14/2011 ​ Strike price 33.00 € ​ Expiry date 9/14/2019 ​ Number of options ​ Existing options as of January 1, 2019 265,230 265,230 33.00 € Granted – – – ​ Cancelled (b) (1,000) (1,000) 33.00 € Exercised (264,230) (264,230) 33.00 € Existing options as of January 1, 2020 – – n/a ​ Granted – – n/a ​ Cancelled – – n/a ​ Exercised – – n/a ​ Existing options as of January 1, 2021 – – n/a ​ Granted – – n/a ​ Cancelled – – n/a ​ Exercised – – n/a ​ Existing options as of December 31, 2021 – – n/a ​ (a) The grant date is the date of the Board meeting awarding the share subscription or purchase options. (b) Options that were not exercised on September 14, 2019 due to the expiry of 2011 Plan. Options granted as part of 2011 Plan were exercisable, subject to a presence condition, after a 2-year period from the date of the Board meeting awarding the options and have expired eight years after this date. The underlying shares were not transferable during four years from the date of grant. The transfer restriction period did not apply to employees of non-French subsidiaries as of the date of the grant, who may have transferred the underlying shares after a 2-year period from the date of the grant. The Extraordinary Shareholders’ Meeting of May 29, 2020 authorised the Board of Directors, for a period of thirty-eight months to grant share subscription or purchase options. Since the 2011 Plan, the Board of Directors has not decided any new grant of TotalEnergies share subscription or purchase option plan. All the option plans have expired. ​ B. TotalEnergies Performance share plans ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2016 2017 2018 2019 2020 2021 Total Date of the Shareholders’ Meeting 5/24/2016 5/24/2016 5/24/2016 6/1/2018 6/1/2018 6/1/2018 Award date 7/27/2016 7/26/2017 3/14/2018 3/13/2019 3/18/2020 5/28/2021 Date of the final award (end of the vesting period) 7/28/2019 7/27/2020 3/15/2021 3/14/2022 3/20/2023 5/29/2024 Transfer authorized as from 7/29/2021 7/28/2022 3/16/2023 3/15/2024 3/21/2025 5/30/2026 Grant date IFRS 2 fair value ​ 35.37 € 35.57 € 36.22 € 40.11 € 12.40 € 27.40 € Number of performance shares ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Outstanding as of January 1, 2019 ​ 5,543,220 ​ 5,650,919 ​ 6,070,795 ​ – ​ – – 17,264,934 Notified ​ – ​ – ​ – ​ 6,447,069 ​ – – 6,447,069 Cancelled ​ (1,267,392) ​ (41,220) ​ (41,260) ​ (39,246) ​ – – (1,389,118) Finally granted ​ (4,275,828) ​ (1,840) ​ (1,100) ​ (180) ​ – – (4,278,948) Outstanding as of January 1, 2020 ​ – ​ 5,607,859 ​ 6,028,435 ​ 6,407,643 ​ – – 18,043,937 Notified ​ – ​ – ​ – ​ – ​ 6,727,352 – 6,727,352 Cancelled ​ – ​ (1,313,687) ​ (55,830) ​ (44,289) ​ (18,691) – (1,432,497) Finally granted ​ – ​ (4,294,172) ​ (10,740) ​ (10,890) ​ (1,773) – (4,317,575) Outstanding as of January 1, 2021 ​ – ​ – ​ 5,961,865 ​ 6,352,464 ​ 6,706,888 – 19,021,217 Notified ​ – ​ – ​ – ​ – ​ – 6,764,548 6,764,548 Cancelled ​ – ​ – ​ (1,395,555) ​ (58,578) ​ (52,301) (31,118) (1,537,552) Finally granted ​ – ​ – ​ (4,566,310) ​ (4,810) ​ (1,385) (690) (4,573,195) OUTSTANDING AS OF DECEMBER 31, 2021 ​ – ​ – ​ – ​ 6,289,076 ​ 6,653,202 6,732,740 19,675,018 ​ The performance shares, which are bought back by TotalEnergies SE on the market, are finally granted to their beneficiaries after a 3-year vesting period, from the date of the grant. The final grant is subject to a continued employment condition as well as: - two performance conditions for the 2016 to 2018 Plans, - three performance conditions for the 2019 Plan, - four performance conditions for the 2020 Plan, and - five performance conditions for the 2021 Plan. Moreover, the transfer of the performance shares finally granted under the 2016 to 2021 Plans will not be permitted until the end of a 2-year holding period from the date of the final grant. 2021 Plan The Board of Directors granted performance shares, with effective date May 28, 2021, to certain employees and executive directors of TotalEnergies SE or its subsidiaries, subject to the fulfilment of the continued employment condition and five performance conditions. The presence condition applies to all shares. The performance conditions apply differently depending on the capacity of the beneficiaries. If all shares granted to senior executives are subject to performance conditions, the grant of the first 150 shares to non-senior executives are not subject to the performance condition abovementioned, which will, nonetheless, apply to any shares granted above this threshold. The definitive number of granted shares will be based on the TSR (Total Shareholder Return), the annual variation of the net cash flow by share in dollars, the pre-dividend organic cash breakeven, the change in the greenhouse gas emissions on operated facilities (Scope 1 + 2), as well as the change in greenhouse gas emissions (Scope 3) of TotalEnergies’ customers in Europe relating to fiscal years 2021, 2022 and 2023, applied as follows: - For 25% of the shares, TotalEnergies will be ranked against its peers (ExxonMobil, Shell, BP and Chevron) each year during the three vesting years (2021, 2022 and 2023) based on the TSR criterion of the last quarter of the year in question, the dividend being considered reinvested based on the closing price on the ex-dividend date. - For 25% of the shares, TotalEnergies will be ranked against its peers (ExxonMobil, Shell, BP and Chevron) each year during the three vesting years (2021, 2022 and 2023) using the annual variation in net cash flow per share criterion expressed in dollars. Based on the ranking, a grant rate will be determined each year for each of these two first criteria: 1 st nd rd th - For 20% of the shares, the pre-dividend organic cash breakeven criterion will be assessed during the three vesting years (2021, 2022 and 2023) as follows: - the maximum grant rate, i.e. 100% for this criterion, will be achieved if the breakeven is less than or equal to $30/b, - the grant rate will be zero if the breakeven is greater than or equal to $40/b, - the interpolations are linear between these two points of reference. The pre-dividend organic cash breakeven is defined as the Brent price for which the operating cash flow before working capital changes 1 2 ​ ​ ​ 1 2 - For 15% of the shares, the change in the greenhouse gas emissions (GHG) on operated facilities (Scope 1 + 2) will be assessed each year as regard to the achievement of the target to reduce the GHG emissions set for fiscal years 2021, 2022 and 2023 and corresponding to 42.4 Mt CO 2 2 2 - the maximum grant rate, i.e. 100% for this criterion, will be obtained if the GHG emissions (Scope 1 + 2) reach the target set; - the grant rate will be zero if the GHG emissions (Scope 1 + 2) of the year considered are 1 Mt CO 2 - the interpolations are linear between these two points of reference. - For 15% of the shares, the criterion of the change in the indirect greenhouse gas emissions (GHG) related to the use by customers of the energy products (Scope 3) in Europe will be assessed each year for the achievement of the target to reduce these GHG emissions set as follows: 2021: -12%; 2022: -14% and 2023: -16% relative to GHG emissions in 2015. - the maximum grant rate, i.e. 100% for this criterion, will be reached if the reductions in GHG emissions (Scope 3) of TotalEnergies' customers in Europe achieve the target set; - the grant rate will be zero if the reductions in GHG emissions (Scope 3) of TotalEnergies' customers in Europe of the year in question are 4 points below the target set, i.e. 2021: -8%, 2022: -10% and 2023: -12%; - the interpolations are linear between these two points of reference. A grant rate will be determined each year for each of these last three criteria. For each of the five criteria, the average of the three grant rates obtained (for each of the three fiscal years for which the performance conditions are assessed) will be rounded to the nearest 0.1 whole percent (0.05% being rounded to 0.1%) and capped at 100%. The definitive grant rate will be rounded to the nearest 0.1 whole percent (0.05% being rounded to 0.1%). In the case of fractional shares, the number of shares definitively granted after determination of performance conditions will be determined according to the weighting of each criterion and rounded up to the next whole number of shares. C. SunPower Plans During fiscal year 2021, SunPower had one stock incentive plan: the SunPower Corporation 2015 Omnibus Incentive Plan ("2015 Plan"). The 2015 Plan was adopted by SunPower’s Board of Directors in February 2015 and was approved by shareholders in June 2015.The 2015 Plan allows for the grant of options, as well as grant of stock appreciation rights, restricted stock grants, restricted stock units and other equity rights. The 2015 Plan also allows for tax withholding obligations related to stock option exercises or restricted stock awards to be satisfied through the retention of shares otherwise released upon vesting. The 2015 Plan includes an automatic annual increase mechanism equal to the lower of three percent of the outstanding shares of all classes of SunPower’s common stock measured on the last day of the immediately preceding fiscal year, 6 million shares, or such other number of shares as determined by SunPower’s Board of Directors. In fiscal year 2015, SunPower’s Board of Directors voted to reduce the stock incentive plan’s automatic increase from 3% to 2% for 2016. As of December 31, 2021, approximately 23.0 million shares were available for grant under the 2015 Plan. Incentive stock options, nonstatutory stock options, and stock appreciation rights may be granted at no less than the fair value of the common stock on the date of grant. The options and rights become exercisable when and as determined by SunPower’s Board of Directors, although these terms generally do not exceed ten years for stock options. SunPower has not granted stock options since fiscal year 2008. All previously granted stock options have been exercised or expired and accordingly no options remain outstanding. Under the 2015 Plan, the restricted stoc

Payroll, staff and employee ben

Payroll, staff and employee benefits obligations	12 Months Ended
	Dec. 31, 2021
Payroll, staff and employee benefits obligations
Payroll, staff and employee benefits obligations	Note 10 Payroll, staff and employee benefits obligations ​ 10.1 EMPLOYEE BENEFITS OBLIGATIONS Accounting principles In accordance with the laws and practices of each country, TotalEnergies participates in employee benefit plans offering retirement, death and disability, healthcare and special termination benefits. These plans provide benefits based on various factors such as length of service, salaries, and contributions made to the governmental bodies responsible for the payment of benefits. These plans can be either defined contribution or defined benefit pension plans and may be entirely or partially funded with investments made in various non-consolidated instruments such as mutual funds, insurance contracts, and other instruments. For defined contribution plans, expenses correspond to the contributions paid. Defined benefit obligations are determined according to the Projected Unit Method. Actuarial gains and losses may arise from differences between actuarial valuation and projected commitments (depending on new calculations or assumptions) and between projected and actual return of plan assets. Such gains and losses are recognized in the statement of comprehensive income, with no possibility to subsequently recycle them to the income statement. The past service cost is recorded immediately in the statement of income, whether vested or unvested. The net periodic pension cost is recognized under “Other operating expenses”. ​ Liabilities for employee benefits obligations consist of the following: ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, ​ ​ ​ (M$) ​ 2021 ​ 2020 ​ 2019 Pension benefits liabilities 1,966 3,111 2,651 Other benefits liabilities 633 700 742 Restructuring reserves (early retirement plans) 73 106 108 TOTAL 2,672 3,917 3,501 Net liabilities relating to assets held for sale (1) 1 – ​ Description of plans and risk management TotalEnergies operates, for the benefit of its current and former employees, both defined benefit plans and defined contribution plans. TotalEnergies recognized a charge of $145 million for defined contribution plans in 2021 ($135 million in 2020 and $133 million in 2019). TotalEnergies’ main defined benefit pension plans are located in France, the United Kingdom, the United States, Belgium and Germany. Their main characteristics, depending on the country-specific regulatory environment, are the following: - the benefits are usually based on the final salary and seniority; - they are usually funded (pension fund or insurer); - they are usually closed to new employees who benefit from defined contribution pension plans; - they are paid in annuity or in lump sum. The pension benefits include also termination indemnities and early retirement benefits. The other benefits are employer contributions to post-employment medical care. In order to manage the inherent risks, TotalEnergies has implemented a dedicated governance framework to ensure the supervision of the different plans. These governance rules provide for: - TotalEnergies' representation in key governance bodies or monitoring committees; - the principles of the funding policy; - the general investment policy, including for most plans: - the establishment of a monitoring committee to define and follow the investment strategy and performance, - the principles in respect of investment allocation are respected; - a procedure to approve the establishment of new plans or the amendment of existing plans; - the principles of administration, communication and reporting. Change in benefit obligations and plan assets The fair value of the defined benefit obligation and plan assets in the Consolidated Financial Statements is detailed as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, ​ Pension benefits ​ Other benefits (M$) 2021 2020 2019 2021 2020 2019 Change in benefit obligation ​ ​ ​ ​ ​ ​ Benefit obligation at beginning of year 13,591 12,285 11,501 700 742 669 Current service cost 247 244 214 17 19 13 Interest cost 164 217 295 8 11 17 Past service cost (197) – 4 (1) – – Settlements 3 (10) (20) – (3) (9) Plan participants' contributions 17 10 7 – – – Benefits paid (704) (702) (667) (34) (27) (26) Actuarial losses / (gains) (734) 818 847 (11) (89) 87 Foreign currency translation and other (610) 729 104 (46) 47 (9) Benefit obligation at year-end 11,777 13,591 12,285 633 700 742 Of which plans entirely or partially funded 11,143 12,830 11,584 – – – Of which plans not funded 634 761 701 633 700 742 Change in fair value of plan assets ​ ​ ​ ​ ​ ​ Fair value of plan assets at beginning of year (10,580) (9,769) (9,145) – – – Interest income (146) (191) (255) – – – Actuarial losses / (gains) (290) (517) (745) – – – Settlements – 2 11 – – – Plan participants’ contributions (17) (10) (7) – – – Employer contributions (303) (229) (172) – – – Benefits paid 635 622 573 – – – Foreign currency translation and other 470 (488) (29) – – – Fair value of plan assets at year-end (10,231) (10,580) (9,769) – – – UNFUNDED STATUS 1,546 3,011 2,516 633 700 742 Asset ceiling 41 36 34 – – – NET RECOGNIZED AMOUNT 1,587 3,047 2,550 633 700 742 Pension benefits and other benefits liabilities 1,966 3,111 2,651 633 700 742 Other non-current assets (378) (65) (101) – – – Net benefit liabilities relating to assets held for sale (1) 1 – – – – ​ As of December 31, 2021, the contribution from the main geographical areas for the net pension liability in the balance sheet is: 97% for the Euro area, (13)% for the United Kingdom and 15% for the United States. The amounts recognized in the consolidated income statement and the consolidated statement of comprehensive income for defined benefit plans are detailed as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, ​ Pension benefits ​ Other benefits (M$) 2021 2020 2019 2021 2020 2019 Current service cost ​ 247 ​ 244 ​ 214 ​ 17 ​ 19 ​ 13 Past service cost (197) – 4 (1) – – Settlements 3 (7) (10) – (3) (9) Net interest cost 18 25 39 8 11 17 Benefit amounts recognized on Profit & Loss 71 262 247 24 27 21 - Actuarial (Gains) / Losses ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ * Effect of changes in demographic assumptions (71) (12) (166) (8) (3) (2) * Effect of changes in financial assumptions (450) 773 1,071 2 (1) 89 * Effect of experience adjustments (214) 57 (59) (5) (85) – * Actual return on plan assets (294) (517) (745) – – – - Effect of asset ceiling 5 – 3 – – – Benefit amounts recognized on Equity (1,024) 301 104 (11) (89) 87 TOTAL BENEFIT AMOUNTS RECOGNIZED ON COMPREHENSIVE INCOME (953) 563 351 13 (62) 108 ​ Expected future cash outflows The average duration of accrued benefits is approximately 13 years for defined pension benefits and 17 years for other benefits. TotalEnergies expects to pay contributions of $261 million in respect of funded pension plans in 2022. Estimated future benefits either financed from plan assets or directly paid by the employer are detailed as follows: ​ ​ ​ ​ ​ ​ Estimated future payments ​ ​ ​ ​ (M$) Pension benefits Other benefits 2022 649 27 2023 413 26 2024 395 24 2025 387 24 2026 419 25 2027-2031 2,389 122 ​ Type of assets ​ ​ ​ ​ ​ ​ ​ ​ ​ Asset allocation ​ Pension benefits as of December 31, 2021 2020 2019 ​ Equity securities 39% ​ 25% ​ 25% ​ Debt securities 35% ​ 45% ​ 46% ​ Monetary 1% ​ 2% ​ 1% ​ Annuity contracts 17% ​ 20% ​ 20% ​ Real estate 8% ​ 8% ​ 8% ​ ​ Investments on equity and debt markets are quoted on active markets. Main actuarial assumptions and sensitivity analysis ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Assumptions used to determine benefits obligations: ​ Pension benefits ​ Other benefits ​ As of December 31, 2021 2020 2019 2021 2020 2019 ​ Discount rate (weighted average for all regions) 1.82% ​ 1.28% ​ 1.84% ​ 1.83% ​ 1.41% ​ 1.71% ​ Of which Euro zone 0.99% ​ 0.52% ​ 0.73% ​ 1.05% ​ 0.68% ​ 0.94% ​ Of which United States 3.00% ​ 2.50% ​ 3.25% ​ 3.00% ​ 2.50% ​ 3.25% ​ Of which United Kingdom 2.00% ​ 1.50% ​ 2.25% ​ – ​ – ​ – Inflation rate (weighted average for all regions) 2.41% ​ 2.06% ​ 2.20% ​ – ​ – ​ – Of which Euro zone 1.71% ​ 1.24% ​ 1.21% ​ – ​ – ​ – Of which United States 2.50% ​ 2.50% ​ 2.50% ​ – ​ – ​ – Of which United Kingdom 3.25% ​ 3.00% ​ 3.25% ​ – ​ – ​ – ​ The discount rate retained is determined by reference to the high quality rates for AA-rated corporate bonds for a duration equivalent to that of the obligations. It derives from a benchmark per monetary area of different market data at the closing date. Sensitivity to inflation in respect of defined benefit pension plans is not material in the United States. A 0.5% increase or decrease in discount rates – all other things being equal - would have the following approximate impact on the benefit obligation: ​ ​ ​ ​ ​ (M$) 0.5% Increase 0.5% Decrease Benefit obligation as of December 31, 2021 (800) 866 ​ A 0.5% increase or decrease in inflation rates – all other things being equal - would have the following approximate impact on the benefit obligation: ​ ​ ​ ​ ​ ​ (M$) 0.5% Increase 0.5% Decrease Benefit obligation as of December 31, 2021 475 (567) ​ 10.2 PAYROLL AND STAFF ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, 2021 2020 2019 Personnel expenses ​ ​ Wages and salaries (including social charges) 9,207 8,908 8,922 TotalEnergies employees at December 31, ​ ​ ​ France (DROM COM includ.) ​ ​ ​ ● Management 13,903 14,016 13,848 ● Other 21,232 21,886 22,831 International ​ ​ ​ ● Management 17,346 17,102 16,821 ● Other 48,828 52,472 54,276 TOTAL 101,309 105,476 107,776 ​ The number of employees includes only employees of fully consolidated subsidiaries. 2019 data were restated to show number of employees of France including DROM COM (overseas departments, regions and communities).

Income taxes

Income taxes	12 Months Ended
	Dec. 31, 2021
Income taxes
Income taxes	Note 11 Income taxes ​ Accounting principles Income taxes disclosed in the statement of income include current tax expenses (or income) and deferred tax expenses (or income). Current tax expenses (or income) are the estimated amount of the tax due for the taxable income of the period. Deferred income taxes are recorded based on the temporary differences between the carrying amounts of assets and liabilities recorded in the balance sheet and their tax bases, and on carry-forwards of unused tax losses and other tax credits. Deferred tax assets and liabilities are measured using the tax rates that have been enacted or substantially enacted at the balance sheet date. The tax rates used depend on the timing of reversals of temporary differences, tax losses and other tax credits. The effect of a change in tax rate is recognized either in the Consolidated Statement of Income or in shareholders’ equity depending on the item it relates to. Deferred tax resulting from temporary differences between the carrying amounts of equity-method investments and their tax bases are recognized. The deferred tax calculation is based on the expected future tax effect (dividend distribution rate or tax rate on capital gains). ​ Income taxes are detailed as follows: ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, ​ ​ ​ ​ ​ ​ (M$) ​ 2021 2020 2019 Current income taxes (8,158) (2,450) (5,469) Deferred income taxes (1,429) 2,132 (403) TOTAL INCOME TAXES (9,587) (318) (5,872) ​ Before netting deferred tax assets and liabilities by fiscal entity, the components of deferred tax balances are as follows: ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, ​ ​ ​ (M$) ​ 2021 2020 2019 Net operating losses and tax carry forwards 5,129 5,106 3,752 Employee benefits 586 1,004 970 Other temporary non-deductible provisions 8,235 9,068 8,660 Differences in depreciations (15,233) (14,641) (16,029) Other temporary tax deductions (4,221) (3,847) (2,995) NET DEFERRED TAX LIABILITY (5,504) (3,310) (5,642) ​ The reserves of TotalEnergies subsidiaries that would be taxable if distributed but for which no distribution is planned, and for which no deferred tax liability has therefore been recognized, totaled $6,727 million as of December 31, 2021. Deferred tax assets not recognized as of December 31, 2021 amount to $4,924 million as their future recovery was not regarded as probable given the expected results of the entities. Particularly in the Exploration & Production segment, when the affiliate or the field concerned is in its exploration phase, the net operating losses created during this phase will be useable only if a final investment and development decision is made. Accordingly, the time limit for the utilization of those net operating losses is not known. Deferred tax assets not recognized relate notably to France for an amount of $1,371 million, to Canada for an amount of $1,283 million and to United States for an amount of $276 million. After netting deferred tax assets and liabilities by fiscal entity, deferred taxes are presented on the balance sheet as follows: ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, ​ ​ ​ (M$) ​ 2021 2020 2019 Deferred tax assets 5,400 7,016 6,216 Deferred tax liabilities (10,904) (10,326) (11,858) NET AMOUNT (5,504) (3,310) (5,642) ​ The net deferred tax variation in the balance sheet is analyzed as follows: ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, ​ ​ ​ (M$) ​ 2021 2020 2019 Opening balance (3,310) (5,642) (4,827) Deferred tax on income (1,429) 2,132 (403) Deferred tax on shareholders' equity (a) (546) 137 255 Changes in scope of consolidation and others (315) 76 (695) Currency translation adjustment 96 (13) 28 CLOSING BALANCE (5,504) (3,310) (5,642) (a) This amount includes mainly deferred taxes on actuarial gains and losses, current income taxes and deferred taxes for changes in fair value of investments inequity instruments, as well as deferred taxes related to the cash flow hedge (see Note 9 to the Consolidated Financial Statements). Reconciliation between provision for income taxes and pre-tax income ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, ​ ​ ​ (M$) ​ 2021 2020 2019 Consolidated net income 16,366 (7,336) 11,438 Income taxes 9,587 318 5,872 Pre-tax income 25,953 (7,018) 17,310 French statutory tax rate 28.41% ​ 32.02% ​ 34.43% Theoretical tax charge (7,373) 2,247 (5,960) Difference between French and foreign income tax rates (3,754) (1,109) (2,007) Tax effect of equity in income (loss) of affiliates 977 145 1,173 Permanent differences 738 665 1,422 Adjustments on prior years income taxes 109 (31) 12 Adjustments on deferred tax related to changes in tax rates (119) (204) (270) Variation of deferred tax assets not recognized (165) (2,031) (242) INCOME TAXES IN THE STATEMENT OF INCOME (9,587) (318) (5,872) ​ The French statutory tax rate includes the standard corporate tax rate (27.5%), additional and exceptional applicable taxes that bring the overall tax rate to 28.41% in 2021 (versus 32.02% in 2020 and 34.43% in 2019). Permanent differences are mainly due to impairment of goodwill and to dividends from non-consolidated companies as well as the specific taxation rules applicable to certain activities. Schedule of losses and tax credits carried forward TotalEnergies has deferred tax assets related to losses and carried forward tax credit which expire according to the following years: ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, ​ ​ ​ ​ ​ ​ (M$) 2021 2020 2019 2020 ​ ​ 71 2021 ​ ​ 69 48 2022 27 ​ 26 27 2023 1 ​ 7 19 2024 (a) 5 ​ 2 1,310 2025 (b) 25 ​ 1,643 ​ 2026 and after ​ 1,652 ​ ​ ​ ​ Unlimited 3,419 ​ 3,359 2,277 TOTAL 5,129 ​ 5,106 3,752 ​ (a) 2024 and after for 2019. (b) 2025 and after for 2020. ​ As of December 31, 2021 the schedule of deferred tax assets related to carried forward tax credits on net operating losses for the main countries is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Tax As of December 31, 2021 ​ United ​ ​ United (M$) ​ Australia ​ States Canada ​ France Kingdom 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ 2024 ​ ​ ​ ​ ​ ​ ​ ​ ​ 2025 ​ ​ ​ ​ ​ 17 ​ ​ ​ ​ 2026 and after ​ ​ 424 ​ 1,062 ​ ​ ​ ​ Unlimited 1,044 472 ​ 586 ​ 145 TOTAL 1,044 896 1,079 586 145 ​

Provisions and other non-curren

Provisions and other non-current liabilities	12 Months Ended
	Dec. 31, 2021
Provisions and other non-current liabilities
Provisions and other non-current liabilities	Note 12 Provisions and other non-current liabilities ​ 12.1 PROVISIONS AND OTHER NON-CURRENT LIABILITIES Accounting principles A provision is recognized when TotalEnergies has a present obligation, legal or constructive, as a result of a past event for which it is probable that an outflow of resources will be required and when a reliable estimate can be made regarding the amount of the obligation. The amount of the liability corresponds to the best possible estimate. Provisions and non-current liabilities are comprised of liabilities for which the amount and the timing are uncertain. They arise from environmental risks, legal and tax risks, litigation and other risks. ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, ​ ​ ​ (M$) ​ 2021 ​ 2020 ​ 2019 Litigations and accrued penalty claims 285 320 386 Provisions for environmental contingencies 812 960 742 Asset retirement obligations 14,976 15,368 14,492 Other non-current provisions 2,766 2,868 2,927 of which restructuring activities 506 293 135 of which financial risks related to non-consolidated and equity consolidated affiliates 265 134 130 of which contingency reserve on solar panels warranties (SunPower) 83 82 140 Other non-current liabilities 1,430 1,409 2,066 TOTAL 20,269 20,925 20,613 ​ In 2021, litigation reserves amount to $285 million of which $192 million in the Exploration & Production, notably in Brazil, Bolivia and Angola. In 2020, litigation reserves amounted to $320 million of which $208 million in the Exploration & Production, notably in Brazil and Angola. In 2019, litigation reserves amounted to $386 million of which $286 million in the Exploration & Production, notably in Brazil, Angola and in the USA. Other non-current liabilities mainly include debts whose maturity is more than one year related to fixed assets acquisitions. Changes in provisions and other non-current liabilities Changes in provisions and other non-current liabilities are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Currency ​ ​ ​ ​ As of ​ ​ ​ ​ ​ translation ​ ​ ​ As of (M$) ​ January, 1 ​ Allowances ​ Reversals ​ adjustment ​ Other ​ December, 31 2021 20,925 1,446 (1,560) (404) (138) 20,269 of which asset retirement obligations ​ 449 (527) ​ ​ ​ ​ ​ of which provisions for environmental contingencies 43 (178) ​ ​ ​ ​ ​ of which provisions for restructuring of activities 415 (178) ​ ​ ​ ​ ​ 2020 20,613 1,756 (1,378) 452 (518) 20,925 of which asset retirement obligations 607 (519) ​ ​ ​ ​ ​ of which provisions for environmental contingencies 217 (93) ​ ​ ​ ​ ​ of which provisions for restructuring of activities 271 (135) ​ ​ ​ ​ ​ 2019 21,432 1,248 (2,414) (33) 380 20,613 of which asset retirement obligations 639 (460) ​ ​ ​ ​ ​ of which provisions for environmental contingencies 30 (92) ​ ​ ​ ​ ​ of which provisions for restructuring of activities 60 (122) ​ ​ ​ ​ ​ ​ Asset retirement obligations Accounting principles Asset retirement obligations, which result from a legal or constructive obligation, are recognized based on a reasonable estimate in the period in which the obligation arises. The associated asset retirement costs are capitalized as part of the carrying amount of the underlying asset and depreciated over the useful life of this asset. An entity is required to measure changes in the liability for an asset retirement obligation due to the passage of time (accretion) by applying a risk-free discount rate to the amount of the liability. Given the long-term nature of expenditures related to our asset retirement obligations, the rate is determined by reference to the rates of high quality AA-rated corporate bonds on the USD area for a long-term horizon. The increase of the provision due to the passage of time is recognized as “Other financial expense”. ​ The discount rate used for the valuation of asset retirement obligation is 3%in 2021 and 2020 and 4.5% in 2019 (the expenses are estimated at current currency values with an inflation rate of 1.5% in 2021 and 2020 and 2% in 2019). A decrease of 0.5% of this rate would increase the asset retirement obligation by $1,384 million, with a corresponding impact in tangible assets, and with a negative impact of approximately $93 million on the following years net income. Conversely, an increase of 0.5% would have a nearly symmetrical impact compared to the effect of the decrease of 0.5%. Changes in the asset retirement obligation are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Spending on Currency ​ ​ ​ ​ As of ​ ​ ​ Revision in ​ New ​ existing ​ translation ​ ​ ​ As of (M$) ​ January 1, ​ Accretion ​ estimates ​ obligations ​ obligations ​ adjustment ​ Other ​ December 31, 2021 ​ 15,368 ​ 449 ​ (109) ​ 228 ​ (527) ​ (194) ​ (239) ​ 14,976 2020 ​ 14,492 ​ 607 ​ 526 ​ 87 ​ (519) ​ 284 ​ (109) ​ 15,368 2019 14,286 ​ 639 ​ (601) ​ 567 ​ (460) ​ 47 ​ 14 ​ 14,492 ​ 12.2 OTHER RISKS AND CONTINGENT LIABILITIES There are no governmental, legal or arbitration proceedings, including any proceeding of which the Corporation is aware that are pending or threatened against the Company, that could have, or could have had during the last 12 months, a material impact on TotalEnergies’ financial situation or profitability. Described below are the main administrative, legal and arbitration proceedings in which the Corporation and the other entities of TotalEnergies are involved. FERC The Office of Enforcement of the US Federal Energy Regulatory Commission (FERC) began in 2015 an investigation in connection with the natural gas trading activities in the United States of TotalEnergies Gas & Power North America, Inc. (TGPNA), a US subsidiary of TotalEnergies. The investigation covered transactions made by TGPNA between June 2009 and June 2012 on the natural gas market. TGPNA received a Notice of Alleged Violations from FERC on September 21, 2015. On April 28, 2016, FERC issued an order to show cause to TGPNA and two of its former employees, and to the Corporation and TotalEnergies Gas & Power Ltd., regarding the same facts. The case was remanded on July 15, 2021 to the FERC Administrative Judge for hearing and consideration on the merits. TGPNA contests the claims brought against it. A class action, launched to seek damages from these three companies, was dismissed by a judgment of the US District court of New York issued on March 15, 2017. The Court of Appeal upheld this judgment on May 4, 2018. In September 2019, a California city initiated another class action against the same parties based on the same legal ground. This class action was dismissed by the US District court of New York on June 8, 2020. This judgment was confirmed on appeal by a ruling issued on December 3, 2021. Dispute relating to Climate In France, the Corporation was assigned in January 2020 before Nanterre’s Court of Justice by certain associations and local communities in order to oblige the Company to complete its Vigilance Plan, by identifying in detail risks relating to a global warming above 1.5°C, as well as indicating the expected amount of future greenhouse gas emissions related to the Company's activities and its product utilization via third parties. TotalEnergies estimates that it has fulfilled its obligations regarding vigilance duty. In the United States, two subsidiaries of TotalEnergies were assigned in 2017 by certain communities and associations for their liability in climate change before a California Court. These two subsidiaries, as well as the 34 other companies and professional associations, are contesting the State Court’s competence to rule this request. In September 2020, the Attorney General of the State of Delaware launched an indemnity claim based upon climate change against the Corporation, Total Specialties USA (now known as TotalEnergies Marketing USA, Inc.) and about 30 other oil companies before a court of this State. These companies are contesting the competence of such court to rule this request.

Off balance sheet commitments a

Off balance sheet commitments and lease contracts	12 Months Ended
	Dec. 31, 2021
Off balance sheet commitments and lease contracts
Off balance sheet commitments and lease contracts	Note 13 Off balance sheet commitments and lease contracts ​ 13.1 OFF BALANCE SHEET COMMITMENTS AND CONTRACTUAL OBLIGATIONS ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Maturity and installments As of December 31, 2021 ​ ​ ​ Less than 1 ​ Between 1 ​ More than 5 (M$) Total year and 5 years years Non-current debt obligations net of hedging instruments (Note 15) ​ 40,311 ​ – ​ 16,811 ​ 23,500 Current portion of non-current debt obligations net of hedging instruments (Note 15) 5,073 5,073 – – Lease obligations (Note 13.2) 9,034 1,390 3,321 4,323 Asset retirement obligations (Note 12) 14,976 610 1,751 12,615 Contractual obligations recorded in the balance sheet 69,394 7,073 21,883 40,438 Lease obligations for low value assets, short term contracts or not yet commenced (Note 13.2) 1,679 689 543 447 Purchase obligations 136,032 13,333 36,174 86,525 Contractual obligations not recorded in the balance sheet 137,711 14,022 36,717 86,972 TOTAL OF CONTRACTUAL OBLIGATIONS 207,105 21,095 58,600 127,410 Guarantees given to customs authorities 2,236 2,122 50 64 Guarantees given on borrowings 20,428 595 3,734 16,099 Guarantees related to sales of businesses 316 163 – 153 Guarantees of current liabilities 70 69 1 – Guarantees to customers / suppliers 23,494 3,093 4,376 16,025 Letters of credit 2,993 2,869 122 2 Other operating commitments 21,138 3,058 1,594 16,486 TOTAL OF OTHER COMMITMENTS GIVEN 70,675 11,969 9,877 48,829 Assets received as collateral (security interests) ​ 62 ​ 37 ​ 16 ​ 9 Sales obligations 92,555 7,565 33,271 51,719 Other commitments received 22,326 17,285 1,755 3,286 TOTAL OF COMMITMENTS RECEIVED 114,943 24,887 35,042 55,014 Of which commitments given relating to joint ventures 33,373 253 7,353 25,767 Of which commitments given relating to associates 34,491 727 9,110 24,654 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Maturity and installments As of December 31, 2020 ​ ​ ​ Less than 1 ​ Between 1 ​ More than 5 (M$) Total year and 5 years years Non-current debt obligations net of hedging instruments (Note 15) ​ 48,705 ​ – ​ 22,745 ​ 25,960 Current portion of non-current debt obligations net of hedging instruments (Note 15) 4,674 4,674 – – Lease obligations (Note 13.2) 8,943 1,207 3,178 4,558 Asset retirement obligations (Note 12) 15,368 463 1,840 13,065 Contractual obligations recorded in the balance sheet 77,690 6,344 27,763 43,583 Lease obligations for low value assets, short term contracts or not yet commenced (Note 13.2) 1,745 704 626 415 Purchase obligations 143,177 11,719 39,126 92,332 Contractual obligations not recorded in the balance sheet 144,922 12,423 39,752 92,747 TOTAL OF CONTRACTUAL OBLIGATIONS 222,612 18,767 67,515 136,330 Guarantees given to customs authorities 2,312 2,189 60 63 Guarantees given on borrowings 14,164 746 3,660 9,758 Guarantees related to sales of businesses 333 179 – 154 Guarantees of current liabilities 147 68 56 23 Guarantees to customers / suppliers 19,182 2,603 1,853 14,726 Letters of credit 2,432 2,297 135 – Other operating commitments 23,879 3,224 3,002 17,653 TOTAL OF OTHER COMMITMENTS GIVEN 62,449 11,306 8,766 42,377 Assets received as collateral (security interests) 77 28 24 25 Sales obligations 80,521 7,001 29,362 44,158 Other commitments received 20,401 15,270 1,474 3,657 TOTAL OF COMMITMENTS RECEIVED 100,999 22,299 30,860 47,840 Of which commitments given relating to joint ventures 34,920 644 7,288 26,988 Of which commitments given relating to associates ​ 51,795 999 8,664 42,132 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Maturity and installments As of December 31, 2019 ​ ​ ​ Less than 1 ​ Between 1 ​ More than 5 (M$) Total year and 5 years years Non-current debt obligations net of hedging instruments (Note 15) 40,931 ​ – ​ 19,888 ​ 21,043 Current portion of non-current debt obligations net of hedging instruments (Note 15) 5,331 5,331 – – Lease obligations (Note 13.2) 7,465 1,202 2,883 3,380 Asset retirement obligations (Note 12) 14,492 617 3,153 10,722 Contractual obligations recorded in the balance sheet 68,219 7,150 25,924 35,145 Lease obligations for low value assets, short term contracts or not yet commenced (Note 13.2) 2,077 536 879 662 Purchase obligations 147,516 10,763 38,189 98,564 Contractual obligations not recorded in the balance sheet 149,593 11,299 39,068 99,226 TOTAL OF CONTRACTUAL OBLIGATIONS 217,812 18,449 64,992 134,371 Guarantees given to customs authorities 2,012 1,876 17 119 Guarantees given on borrowings 14,510 306 7,372 6,832 Guarantees related to sales of businesses 331 163 16 152 Guarantees of current liabilities 172 79 60 33 Guarantees to customers / suppliers 12,318 1,435 2,169 8,714 Letters of credit 2,786 2,768 18 – Other operating commitments 22,055 3,240 1,202 17,613 TOTAL OF OTHER COMMITMENTS GIVEN 54,184 9,867 10,854 33,463 Assets received as collateral (security interests) 85 23 37 25 Sales obligations 93,441 7,135 31,330 54,976 Other commitments received 22,358 16,845 1,705 3,808 TOTAL OF COMMITMENTS RECEIVED 115,884 24,003 33,072 58,809 Of which commitments given relating to joint ventures 39,055 461 11,822 26,772 Of which commitments given relating to associates ​ 31,465 913 8,381 22,171 ​ A. Contractual obligations Debt obligations “Non-current debt obligations” are included in the items “Non-current financial debt” and “Non-current financial assets” of the Consolidated Balance Sheet. It includes the non-current portion of swaps hedging bonds and excludes non-current lease obligations of $7,644 million. The current portion of non-current debt is included in the items “Current borrowings”, “Current financial assets” and “Other current financial liabilities” of the Consolidated Balance Sheet. It includes the current portion of swaps hedging bonds and excludes the current portion of lease obligations of $1,390 million. The information regarding contractual obligations linked to indebtedness is presented in Note 15 to the Consolidated Financial Statements. Lease contracts The information regarding leases is presented in Note 13.2 to the Consolidated Financial Statements. Asset retirement obligations This item represents the discounted present value of Exploration & Production and Integrated Gas, Renewables & Power asset retirement obligations, primarily asset removal costs at the completion date. The information regarding contractual obligations linked to asset retirement obligations is presented in Note 12 to the Consolidated Financial Statements. Purchase obligations Purchase obligations are obligations under contractual agreements to purchase goods or services, including capital projects. These obligations are enforceable and legally binding on the company and specify all significant terms, including the amount and the timing of the payments. These obligations mainly include: unconditional hydrocarbon purchase contracts (except where an active, highly-liquid market exists and when the hydrocarbons are expected to be re-sold shortly after purchase) in the Integrated Gas, Renewables & Power segment, reservation of transport capacities in pipelines, unconditional exploration works and development works in the Exploration & Production segment, and contracts for capital investment projects in the Refining & Chemicals segment. B. Other commitments given Guarantees given to customs authorities These consist of guarantees given by TotalEnergies to customs authorities in order to guarantee the payments of taxes and excise duties on the importation of oil and gas products, mostly in France. Guarantees given on borrowings TotalEnergies guarantees bank debt and lease obligations of certain non-consolidated subsidiaries and equity affiliates. Maturity dates vary, and guarantees will terminate on payment and/or cancellation of the obligation. A payment would be triggered by failure of the guaranteed party to fulfill its obligation covered by the guarantee, and no assets are held as collateral for these guarantees. As of December 31, 2021, the maturities of these guarantees are up to 2053. As of December 31, 2021, the guarantees provided by TotalEnergies SE in connection with the financing of the Ichthys LNG project amount to $4,860 million. As of December 31, 2020, the guarantees amounted to $4,912 million. As of December 31, 2021, the guarantees provided by TotalEnergies SE in connection with the financing of the Mozambique LNG project amount to $4,600 million. As of December 31, 2021, the guarantees provided by TotalEnergies SE in connection with the financing of the Yamal LNG project amount to $3,469 million. As of December 31, 2020, the guarantees amounted to $3,250 million. As of December 31, 2021, guarantees provided by TotalEnergies SE in connection with the financing of the Bayport Polymers LLC project, amount to $1,820 million as in 2020. As of December 31, 2021, TotalEnergies SE has confirmed guarantees for TotalEnergies Refining Saudi Arabia SAS shareholders' advances for an amount of $1,120 million.As of December 31, 2020, the guarantees amounted to $1,164 million. As of December 31, 2021, the guarantees provided by TotalEnergies SE in connection with the financing of the Arctic LNG2 project amount to $1,076 million. As of December 31, 2021, the guarantee given in 2008 by TotalEnergies SE in connection with the financing of the Yemen LNG project amounts to $509 million as in 2020. Indemnities related to sales of businesses In the ordinary course of business, TotalEnergies executes contracts involving standard indemnities for the oil industry and indemnities specific to transactions such as sales of businesses. These indemnities might include claims against any of the following: environmental, tax and shareholder matters, intellectual property rights, governmental regulations and employment-related matters, and commercial contractual relationships. Performance under these indemnities would generally be triggered by a breach of terms of the contract or by a third party claim. TotalEnergies regularly evaluates the probability of having to incur costs associated with these indemnities. Other guarantees given Non-consolidated subsidiaries TotalEnergies also guarantees the current liabilities of certain non-consolidated subsidiaries. Performance under these guarantees would be triggered by a financial default of the entity. Operating agreements As part of normal ongoing business operations and consistent with generally accepted industry practices, TotalEnergies enters into numerous agreements with other parties. These commitments are often entered into for commercial purposes, for regulatory purposes or for other operating agreements. C. Commitments received Sales obligations These amounts represent binding obligations to sell goods, including in particular hydrocarbon sales contracts (except where an active, highly-liquid market exists and when the volumes are expected to be re-sold shortly after purchase). 13.2 LEASE CONTRACTS ​ Accounting principles A lease contract is a contract that grants lessee the right to use an identified asset for a specified period of time in exchange for consideration. At lease inception, an asset corresponding to right of use and a debt are recognized in the lessee’s balance sheet. Carrying value of right of use corresponds to present value of future lease payments plus any direct costs incurred for concluding the contract. Lease debt is recorded as a liability in the balance sheet under financial debts. Rights of use are depreciated over the useful lives applied by TotalEnergies. Leases that are of short duration or that relate to low value assets are not recorded in the balance sheet, in accordance with the exemptions in the standard. They are presented as off-balance sheet commitments. Ø First-time application of IFRS 16 "Leases" As part of the first application of IFRS 16 "Leases" as of January 1, 2019, TotalEnergies.: - applied the simplified retrospective transition method, accounting for the cumulative effect of the initial application of the standard at the date of first application, without restating the comparative periods; - used the following simplification measures provided by the standard in the transitional provisions: o exclusion of contracts that TotalEnergies. had not previously identified as containing a lease under IAS 17 and IFRIC 4, o exclusion of leases whose term ends within 12 months of the date of first application; - recognized each lease component as a separate lease, separately from non-lease components of the lease (services); - applied the two exemptions of the standard on short-term leases and leases of low-value assets. The impact of the application of this standard as at January 1, 2019 is $5,698 million on fixed assets, $(5,505) million on net debt and $(193) million on other assets and liabilities. The weighted average incremental borrowing rate of 4.5% at transition date was determined on the basis of the initial duration of the contracts. ​ In 2019, the impact on fixed assets was broken down as follows: ​ ​ ​ ​ (M$) ​ Right of use of buildings ​ 2,278 Right of use of machinery, plant and equipment (including transportation equipment) 2,632 Other right of use 788 TOTAL 5,698 ​ TotalEnergies mainly leases real estate, retail stations, ships, and other equipment (see Note 7 to the Consolidated Financial Statements). The future minimum lease payments on leases to which TotalEnergies is committed are as follows: ​ ​ ​ ​ ​ ​ For the year ended December 31, 2021 ​ Leases recorded in (M$) ​ Exempted contracts ​ balance sheet 2022 689 1,835 2023 194 1,347 2024 136 1,199 2025 111 1,097 2026 102 1,021 2027 and beyond 447 6,017 Total minimum payments 1,679 12,516 Less financial expenses (3,482) Nominal value of contracts 9,034 Less current portion of lease contracts (note 15) (1,390) Non-current lease liabilities 7,644 ​ ​ ​ ​ ​ ​ For the year ended December 31, 2020 ​ Leases recorded in (M$) ​ Exempted contracts ​ balance sheet 2021 704 1,659 2022 252 1,366 2023 159 1,117 2024 118 1,022 2025 97 964 2026 and beyond 415 6,325 Total minimum payments 1,745 12,453 Less financial expenses (3,510) Nominal value of contracts 8,943 Less current portion of lease contracts (note 15) (1,207) Non-current lease liabilities 7,736 ​ ​ ​ ​ ​ ​ For the year ended December 31, 2019 ​ ​ Leases recorded in (M$) ​ Exempted contracts balance sheet 2020 536 1,586 2021 360 1,228 2022 212 1,019 2023 162 835 2024 145 766 2025 and beyond 662 4,757 Total minimum payments 2,077 10,191 Less financial expenses (2,726) Nominal value of contracts 7,465 Less current portion of lease contracts (note 15) (1,202) Non-current lease liabilities 6,263 ​ For the year ended December 31, 2021, rental expense recorded in the income statement and incurred under short term leases or low value assets leases and under variable lease payments is $487million and $242 million, respectively. For the year ended December 31, 2020, rental expense recorded in the income statement and incurred under short term leases or low value assets leases and under variable lease payments was $600 million and $162 million, respectively. For the year ended December 31, 2019, rental expense recorded in the income statement and incurred under short team leases or low value assets leases and under variable lease payments was $366 million and $132 million, respectively. Other information required on lease debts, notably their maturity, is presented in Note 15 to the consolidated financial statements.

Financial assets and liabilitie

Financial assets and liabilities analysis per instrument class and strategy	12 Months Ended
	Dec. 31, 2021
Financial assets and liabilities analysis per instrument class and strategy
Financial assets and liabilities analysis per instrument class and strategy	Note 14 Financial assets and liabilities analysis per instrument class and strategy ​ The financial assets and liabilities disclosed in the balance sheet are detailed as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2021 ​ ​ ​ ​ ​ Other ​ ​ ​ ​ ​ ​ (M$) ​ ​ Fair value through Comprehensive Fair value of bonds ​ ​ ​ ​ Assets / (Liabilities) Amortized cost P&L Income hedging instruments Total Fair value Equity affiliates: loans 4,532 – – – 4,532 4,532 Other investments – 1,052 573 – 1,625 1,625 Non-current financial assets 847 770 – 787 2,404 2,404 Other non-current assets 2,419 – – – 2,419 2,419 Accounts receivable, net (b) 21,983 – – – 21,983 21,983 Other operating receivables 7,141 21,067 1,345 – 29,553 29,553 Current financial assets 12,001 272 – 42 12,315 12,315 Cash and cash equivalents 21,342 – – – 21,342 21,342 Total financial assets 70,265 23,161 1,918 829 96,173 96,173 Total non-financial assets ​ ​ ​ ​ 197,285 ​ TOTAL ASSETS ​ ​ ​ ​ 293,458 ​ Non-current financial debt (a) (47,973) (41) – (1,498) (49,512) (53,144) Accounts payable (b) (36,837) – – – (36,837) (36,837) Other operating liabilities (11,128) (15,266) (900) – (27,294) (27,294) Current borrowings (a) (15,035) – – – (15,035) (15,039) Other current financial liabilities – (56) – (316) (372) (372) Total financial liabilities (110,973) (15,363) (900) (1,814) (129,050) (132,686) Total non-financial liabilities ​ ​ ​ ​ (164,408) ​ TOTAL LIABILITIES ​ ​ ​ ​ (293,458) ​ (a) The financial debt is adjusted to the hedged risks value (currency and interest rate) as part of hedge accounting (see Note 15 to the Consolidated Financial Statements). (b) The impact of offsetting on accounts receivable, net is $(4,584) million and $4,584 million on accounts payable . ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2020 ​ ​ ​ ​ ​ Other ​ ​ ​ ​ ​ ​ (M$) ​ ​ Fair value through Comprehensive Fair value of bonds ​ ​ ​ ​ Assets / (Liabilities) Amortized cost P&L Income hedging instruments Total Fair value Equity affiliates: loans 5,129 – – – 5,129 5,129 Other investments – 1,224 783 – 2,007 2,007 Non-current financial assets 1,019 541 – 3,221 4,781 4,781 Other non-current assets 2,745 – – – 2,745 2,745 Accounts receivable, net (b) 14,068 – – – 14,068 14,068 Other operating receivables 6,615 1,428 – – 8,043 8,043 Current financial assets 4,547 65 – 18 4,630 4,630 Cash and cash equivalents 31,268 – – – 31,268 31,268 Total financial assets 65,391 3,258 783 3,239 72,671 72,671 Total non-financial assets ​ ​ ​ ​ 193,461 ​ TOTAL ASSETS ​ ​ ​ ​ 266,132 ​ Non-current financial debt (a) (58,470) (118) – (1,615) (60,203) (66,210) Accounts payable (b) (23,574) – – – (23,574) (23,574) Other operating liabilities (10,635) (3,666) – (1) (14,302) (14,302) Current borrowings (a) (17,099) – – – (17,099) (17,121) Other current financial liabilities – (99) – (104) (203) (203) Total financial liabilities (109,778) (3,883) – (1,720) (115,381) (121,410) Total non-financial liabilities ​ ​ ​ ​ (150,751) ​ TOTAL LIABILITIES ​ ​ ​ ​ (266,132) ​ (a) The financial debt is adjusted to the hedged risks value (currency and interest rate) as part of hedge accounting (see Note 15 to the Consolidated Financial Statements). (b) The impact of offsetting on accounts receivable, net is $(1,844) million and $1,844 million on accounts payable . ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2019 ​ ​ ​ ​ ​ Other ​ ​ ​ ​ ​ (M$) ​ ​ Fair value through Comprehensive Fair value of bonds ​ ​ ​ Assets / (Liabilities) Amortized cost P&L Income hedging instruments Total Fair value Equity affiliates: loans 3,999 – – – 3,999 3,999 Other investments – 1,272 506 – 1,778 1,778 Non-current financial assets 164 236 – 512 912 912 Other non-current assets 2,314 – – – 2,314 2,314 Accounts receivable, net (b) 18,488 – – – 18,488 18,488 Other operating receivables 6,713 4,791 – 2 11,506 11,506 Current financial assets 3,870 122 – – 3,992 3,992 Cash and cash equivalents 27,352 – – – 27,352 27,352 Total financial assets 62,900 6,421 506 514 70,341 70,341 Total non-financial assets ​ ​ ​ ​ 202,953 ​ TOTAL ASSETS ​ ​ ​ ​ 273,294 ​ Non-current financial debt (a) (46,035) (44) – (1,694) (47,773) (50,921) Accounts payable (b) (28,394) – – – (28,394) (28,394) Other operating liabilities (10,927) (5,333) – (2) (16,262) (16,262) Current borrowings (a) (14,819) – – – (14,819) (14,819) Other current financial liabilities – (63) – (424) (487) (487) Total financial liabilities (100,175) (5,440) – (2,120) (107,735) (110,883) Total non-financial liabilities ​ ​ ​ ​ (165,559) ​ TOTAL LIABILITIES ​ ​ ​ ​ (273,294) ​ ​ (a) The financial debt is adjusted to the hedged risks value (currency and interest rate) as part of hedge accounting (see Note 15 to the Consolidated Financial Statements). (b) The impact of offsetting on accounts receivable, net is $(2,073) million and $2,073 million on accounts payable .

Financial structure and financi

Financial structure and financial costs	12 Months Ended
	Dec. 31, 2021
Financial structure and financial costs
Financial structure and financial costs	Note 15 Financial structure and financial costs ​ 15.1 FINANCIAL DEBT AND DERIVATIVE FINANCIAL INSTRUMENTS A) Non-current financial debt and derivative financial instruments ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2021 ​ ​ ​ ​ ​ ​ (M$) ​ ​ ​ ​ ​ ​ (Assets) / Liabilities Secured Unsecured Total Non-current financial debt 7,720 41,792 49,512 of which hedging instruments of non-current financial debt (liabilities) – 1,498 1,498 Non-current financial assets (847) (1,557) (2,404) of which hedging instruments of non-current financial debt (assets) – (787) (787) NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS 6,873 40,235 47,108 Variable rate bonds or bonds after fair value hedge – 12,820 12,820 Fixed rate bonds or bonds after cash flow hedge – 27,147 27,147 Other floating rate debt 15 634 649 Other fixed rate debt 61 363 424 Lease obligations 7,644 - 7,644 Non-current financial assets excluding derivative financial instruments ​ (847) ​ (675) ​ (1,522) Non-current instruments held for trading – (54) (54) NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS 6,873 40,235 47,108 ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2020 ​ ​ ​ ​ ​ ​ (M$) ​ ​ ​ ​ ​ ​ (Assets) / Liabilities Secured Unsecured Total Non-current financial debt 7,849 52,354 60,203 of which hedging instruments of non-current financial debt (liabilities) – 1,615 1,615 Non-current financial assets (1,019) (3,762) (4,781) of which hedging instruments of non-current financial debt (assets) – (3,221) (3,221) NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS 6,830 48,592 55,422 Variable rate bonds or bonds after fair value hedge – 16,553 16,553 Fixed rate bonds or bonds after cash flow hedge – 28,080 28,080 Other floating rate debt 40 3,944 3,984 Other fixed rate debt 73 438 511 Lease obligations ​ 7,736 – 7,736 Non-current financial assets excluding derivative financial instruments (1,019) ​ (432) ​ (1,451) Non-current instruments held for trading – 9 9 NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS 6,830 48,592 55,422 ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2019 ​ ​ ​ ​ ​ ​ (M$) ​ ​ ​ ​ ​ ​ (Assets) / Liabilities Secured Unsecured Total Non-current financial debt 6,438 41,335 47,773 of which hedging instruments of non-current financial debt (liabilities) – 1,694 1,694 Non-current financial assets (164) (748) (912) of which hedging instruments of non-current financial debt (assets) – (512) (512) NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS 6,274 40,587 46,861 Variable rate bonds or bonds after fair value hedge – 19,340 19,340 Fixed rate bonds or bonds after cash flow hedge – 20,499 20,499 Other floating rate debt 72 618 690 Other fixed rate debt 103 322 425 Lease obligations 6,263 ​ – ​ 6,263 Non-current financial assets excluding derivative financial instruments (164) (169) (333) Non-current instruments held for trading ​ – ​ (23) ​ (23) NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS 6,274 40,587 46,861 ​ In April 2020, TotalEnergies put in place a new committed syndicated credit line with banking counterparties for an initial amount of USD 6,350 million and with a 12-month tenor (with the option to extend its maturity twice by a further 6 months at TotalEnergies’ hand). On April 1, 2021, TotalEnergies reimbursed in full the balance of this committed syndicated credit line. The bonds, as of December 31, 2021, after taking into account currency and interest rates swaps fair value, are detailed as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Amount ​ Amount ​ Amount ​ ​ ​ ​ ​ Bonds after fair value hedge or ​ ​ ​ after ​ after ​ after ​ Range ​ Range of initial current rate ​ variable rate bonds (a) ​ Currency of ​ December 31, ​ December 31, ​ December 31, ​ of current ​ before hedging ​ (M$) issuance 2021 2020 2019 maturities instruments ​ Bond ​ USD ​ 5,001 ​ 6,253 ​ 6,276 ​ 2023 - 2028 ​ 2.434% - 3.883 % Bond ​ USD ​ – ​ – ​ 300 ​ ​ ​ ​ ​ Bond ​ CHF ​ 409 ​ 410 ​ 410 ​ 2026 - 2029 ​ 0.176% - 0.298 % Bond ​ NZD ​ – ​ – ​ 164 ​ ​ ​ ​ ​ Bond ​ AUD ​ 71 ​ 377 ​ 378 ​ 2025 ​ 4.000 % Bond ​ EUR ​ 7,528 ​ 8,666 ​ 9,675 ​ 2022 - 2044 ​ 0.250% - 3.125 % Bond ​ EUR ​ – ​ – ​ 1,641 ​ ​ ​ ​ ​ Bond ​ CAD ​ – ​ – ​ 92 ​ ​ ​ ​ ​ Bond ​ GBP ​ 1,524 ​ 1,522 ​ 2,035 ​ 2022 - 2031 ​ 1.405% - 2.250 % Bond ​ HKD ​ 129 ​ 129 ​ 128 ​ 2025 ​ 2.920 % Current portion (less than one year) ​ ​ ​ (2,540) ​ (2,699) ​ (3,661) ​ ​ ​ ​ ​ Principal financing entities (b) ​ ​ ​ 12,122 ​ 14,658 ​ 17,438 ​ ​ ​ ​ ​ TotalEnergies SE (c) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Bond ​ ​ ​ 1,200 ​ 1,200 ​ 1,203 ​ ​ ​ ​ ​ Current portion (less than one year) ​ ​ ​ (1,200) ​ – ​ – ​ ​ ​ ​ ​ Other consolidated subsidiaries ​ ​ ​ 698 ​ 695 ​ 699 ​ ​ ​ ​ ​ TOTAL VARIABLE RATE BONDS OR BONDS AFTER FAIR VALUE HEDGE ​ ​ ​ 12,820 ​ 16,553 ​ 19,340 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Amount ​ Amount ​ Amount ​ ​ ​ ​ ​ Bonds after cash flow hedge or ​ ​ ​ after ​ after ​ after ​ Range ​ Range of initial current rate ​ fixed rate bonds ​ Currency of ​ December 31, ​ December 31, ​ December 31, ​ of current ​ before hedging ​ (M$) issuance 2021 2020 2019 maturities instruments ​ Bond EUR 15,487 15,259 10,246 2024 - 2044 0.696 % - 5.125 % Bond USD 9,941 11,524 8,565 2022 - 2060 2.829% - 3.461 % Bond ​ HKD ​ 200 ​ 208 ​ 202 ​ 2026 ​ 3.088 % Bond ​ CHF ​ 1,113 ​ 1,134 ​ 1,079 ​ 2024 - 2027 ​ 0.510% - 1.010 % Bond ​ GBP ​ 1,004 ​ 998 ​ 982 ​ 2024 - 2026 ​ 1.250% - 1.660 % Bond ​ AUD ​ 5 ​ 9 ​ 5 ​ 2025 ​ 4.000 % Current portion (less than one year) (1,000) (1,500) (1,250) ​ ​ Principal financing entities (b) 26,750 27,632 19,829 ​ Other consolidated subsidiaries 397 448 670 ​ TOTAL FIXED RATE BONDS OR BONDS AFTER CASH FLOW HEDGE 27,147 28,080 20,499 ​ ​ (a) The IBOR rate reform will mainly impact the bonds after fair value hedge, on principal financing entities and TotalEnergies SE, indexed on USLIBOR. At December 31 2021, the amount of the bonds after fair value hedge (both non-current and current portions) on principal financing entities and TotalEnergies SE is $ 15,862 million. (b) All debt securities issued through the following subsidiaries are fully and unconditionally guaranteed by TotalEnergies SE as to payment of principal, premium, if any, interest and any other amounts due: - TotalEnergies Capital is a wholly and directly owned subsidiary of TotalEnergies SE (except for one share held by each director). It acts as a financing vehicle for TotalEnergies. The repayment of its financial debt (capital, premium and interest) is fully and unconditionally guaranteed by TotalEnergies SE. - TotalEnergies Capital Canada Ltd. is a wholly and directly owned subsidiary of TotalEnergies SE. It acts as a financing vehicle for the activities of TotalEnergies in Canada. The repayment of its financial debt (capital, premium and interest) is fully and unconditionally guaranteed by TotalEnergies SE. - TotalEnergies Capital International is a wholly and directly owned subsidiary of TotalEnergies SE (except for one share held by each director). It acts as a financing vehicle for TotalEnergies. The repayment of its financial debt (capital, premium and interest) is fully and unconditionally guaranteed by TotalEnergies SE. (c) Debt financing of $1.2 billion through a structure combining the issuance of cash-settled convertible bonds with the purchase of cash-settled call options to hedge TotalEnergies' exposure to the exercise of the conversion rights under the bonds. At 31 December 2021, this debt financing is fully presented as a current portion item. ​ Loan repayment schedule (excluding current portion) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ of which hedging ​ of which hedging ​ ​ ​ ​ ​ ​ ​ instruments ​ ​ ​ instruments ​ Non-current net ​ ​ As of December 31, ​ ​ ​ of non ‑ current ​ Non-current ​ of non-current ​ financial debt and ​ ​ 2021 ​ Non ‑ current ​ financial debt ​ financial ​ financial debt ​ related financial ​ ​ (M$) ​ financial debt ​ (liabilities) ​ assets ​ (assets) ​ instruments ​ % 2023 6,143 115 (111) (51) 6,032 13 % 2024 6,506 190 (219) (103) 6,287 13 % 2025 4,471 194 (89) (51) 4,382 9 % 2026 3,348 238 (71) (34) 3,277 7 % 2027 and beyond 29,044 761 (1,914) (548) 27,130 58 % TOTAL 49,512 1,498 (2,404) (787) 47,108 100 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ of which hedging ​ of which hedging ​ ​ ​ ​ ​ ​ instruments ​ ​ ​ instruments ​ Non-current net ​ ​ As of December 31, ​ ​ ​ of non ‑ current ​ Non-current ​ of non-current ​ financial debt and ​ ​ 2020 ​ Non ‑ current ​ financial debt ​ financial ​ financial debt ​ related financial ​ ​ (M$) financial debt ​ (liabilities) ​ assets ​ (assets) ​ instruments ​ % ​ 2022 9,932 142 (142) (58) 9,790 18 % 2023 5,988 59 (268) (218) 5,720 10 % 2024 6,340 115 (395) (277) 5,945 11 % 2025 4,535 150 (260) (212) 4,275 8 % 2026 and beyond 33,408 1,149 (3,716) (2,456) 29,692 53 % TOTAL 60,203 1,615 (4,781) (3,221) 55,422 100 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ of which hedging ​ ​ ​ of which hedging ​ ​ ​ ​ ​ ​ ​ ​ instruments ​ ​ ​ instruments ​ Non-current net ​ ​ As of December 31, ​ ​ ​ of non ‑ current ​ Non-current ​ of non-current ​ financial debt and ​ ​ 2019 ​ Non ‑ current ​ financial debt ​ financial ​ financial debt ​ related financial ​ ​ (M$) financial debt (liabilities) assets (assets) instruments % 2021 5,716 204 (101) (9) 5,615 12 % 2022 6,226 433 (148) (121) 6,078 13 % 2023 5,230 106 (67) (18) 5,163 11 % 2024 5,885 139 (87) (83) 5,798 12 % 2025 and beyond 24,716 812 (509) (281) 24,207 52 % TOTAL 47,773 1,694 (912) (512) 46,861 100 % ​ Analysis by currency and interest rate These analyses take into account interest rate and foreign currency swaps to hedge non-current financial net debt. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, ​ (M$) 2021 % 2020 % 2019 % U.S. Dollar 44,387 94 % 48,609 88 % 43,276 92 % Euro 1,708 4 % 3,144 6 % 2,639 6 % Norwegian krone 67 0 % 72 0 % 81 0 % Other currencies 946 2 % 3,597 6 % 865 2 % TOTAL 47,108 100 % 55,422 100 % 46,861 100 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (M$) 2021 % 2020 % 2019 % Fixed rate 34,353 73 % 34,870 63 % 26,985 58 % Floating rate 12,755 27 % 20,552 37 % 19,876 42 % TOTAL 47,108 100 % 55,422 100 % 46,861 100 % ​ B) Current financial assets and liabilities Current borrowings consist mainly of drawings on commercial papers or treasury bills and of bank loans. These instruments bear interest at rates that are close to market rates. Current deposits beyond three months include initial margins held as part of the Company’s activities on organized markets. ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, ​ ​ ​ ​ ​ ​ (M$) ​ ​ ​ ​ ​ ​ (Assets) / Liabilities 2021 2020 2019 Current financial debt (a) 8,846 11,305 8,710 Current lease obligations 1,390 1,206 1,202 Current portion of non-current financial debt 4,799 4,588 4,907 Current borrowings (note 14) 15,035 17,099 14,819 Current portion of hedging instruments of debt (liabilities) 316 104 424 Other current financial instruments (liabilities) 56 99 63 Other current financial liabilities (note 14) 372 203 487 Current deposits beyond three months (11,868) (4,436) (3,611) Non-traded marketable securities ​ (195) ​ – ​ (114) Financial receivables on sub-lease, current (132) (111) (145) Current portion of hedging instruments of debt (assets) (42) (18) – Other current financial instruments (assets) (78) (65) (122) Current financial assets (note 14) (12,315) (4,630) (3,992) NET CURRENT BORROWINGS 3,092 12,672 11,314 ​ (a) As of December 31, 2021, December 31, 2020 and December 31, 2019, the current financial debt includes a commercial paper program in TotalEnergies Capital and TotalEnergies Capital Canada Ltd. TotalEnergies Capital and TotalEnergies Capital Canada Ltd. are wholly-owned subsidiaries of TotalEnergies SE. They act as financing vehicles for the activities of TotalEnergies. Their debt securities are fully and unconditionally guaranteed by TotalEnergies SE as to payment of principal, premium, if any, interest and any other amounts due. C) Cash flow from (used in) financing activities The variations of financial debt are detailed as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Non-cash changes ​ ​ ​ ​ ​ ​ ​ ​ Change in ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of ​ ​ ​ scope, ​ ​ ​ ​ ​ Reclassification ​ ​ ​ As of ​ ​ January 1, ​ Cash ​ including IFRS 5 ​ Foreign ​ Changes in ​ Non-current / ​ ​ ​ December 31, (M$) ​ 2021 ​ changes reclassification currency fair value Current Other 2021 Non-current financial instruments - assets (a) ​ (4,781) ​ (290) ​ 1 ​ 64 ​ 2,432 ​ 188 ​ (18) ​ (2,404) Non-current financial debt ​ 60,203 ​ (359) ​ (58) ​ (183) ​ (2,377) ​ (9,254) ​ 1,540 ​ 49,512 Non-current financial debt and related financial instruments ​ 55,422 ​ (649) ​ (57) ​ (119) ​ 55 ​ (9,066) ​ 1,522 ​ 47,108 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Current financial instruments - assets (a) (194) 191 - 8 (45) (188) (24) (252) Current borrowings 17,099 (11,047) 15 (283) (158) 9,254 155 15,035 Current financial instruments - liabilities (a) 203 - 1 (11) 179 - - 372 Current financial debt and related financial instruments 17,108 (10,856) 16 (286) (24) 9,066 131 15,155 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Financial debt and financial assets classified as held for sale 313 - (306) (11) - - - (4) NET FINANCIAL DEBT 72,843 (11,505) (347) (416) 31 - 1,653 62,259 (a) Fair value or cash flow hedge instruments and other non-hedge debt-related derivative instruments. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Non-cash changes ​ ​ ​ ​ ​ ​ ​ ​ Change in ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of ​ ​ ​ scope, ​ ​ ​ ​ ​ Reclassification ​ ​ ​ As of ​ ​ January 1, ​ Cash ​ including IFRS 5 ​ Foreign ​ Changes in ​ Non-current / ​ ​ ​ December 31, (M$) 2020 changes reclassification currency fair value Current Other 2020 Non-current financial instruments - assets (a) and non-current financial assets (912) ​ (228) ​ 3 (59) ​ (2,729) ​ 118 ​ (974) ​ (4,781) Non-current financial debt 47,773 ​ 15,800 ​ (456) 192 ​ 2,973 ​ (8,711) ​ 2,632 ​ 60,203 Non-current financial debt and related financial instruments 46,861 ​ 15,572 ​ (453) 133 ​ 244 ​ (8,593) ​ 1,658 ​ 55,422 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Current financial instruments - assets (a) (268) 178 – (6) 46 (118) (26) (194) Current borrowings 14,819 (6,679) 6 (132) 188 8,711 186 17,099 Current financial instruments - liabilities (a) 487 – (5) 8 (287) – – 203 Current financial debt and related financial instruments 15,038 (6,501) 1 (130) (53) 8,593 160 17,108 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Financial debt and financial assets classified as held for sale 301 – (10) 22 – – – 313 NET FINANCIAL DEBT 62,200 9,071 (462) 25 191 – 1,818 72,843 (a) Fair value or cash flow hedge instruments and other non-hedge debt-related derivative instruments. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Non-cash changes ​ ​ ​ ​ ​ ​ ​ ​ Change in ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of ​ ​ ​ scope, ​ First ​ ​ ​ ​ ​ Reclassification ​ ​ ​ As of ​ ​ January 1, ​ Cash ​ including IFRS 5 ​ application ​ Foreign ​ Changes in ​ Non-current / ​ ​ ​ December 31, (M$) 2019 changes reclassification IFRS 16 currency fair value Current Other 2019 Non-current financial instruments - assets (a) (680) 21 12 (50) ​ 4 (71) 144 (292) (912) Non-current financial debt 40,129 8,110 (731) 4,805 ​ (48) 484 (6,661) 1,685 47,773 Non-current financial debt and related financial instruments 39,449 8,131 (719) 4,755 ​ (44) 413 (6,517) 1,393 46,861 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Current financial instruments - assets (a) (118) 125 – – ​ 2 (32) (144) (101) (268) Current borrowings 13,306 (5,954) (35) 750 ​ 184 (26) 6,661 (67) 14,819 Current financial instruments - liabilities (a) 478 – – – ​ (6) 15 – – 487 Current financial debt and related financial instruments 13,666 (5,829) (35) 750 ​ 180 (43) 6,517 (168) 15,038 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Financial debt and financial assets classified as held for sale – – 301 – ​ – – – – 301 NET FINANCIAL DEBT 53,115 2,302 (453) 5,505 ​ 136 370 – 1,225 62,200 ​ (a) Fair value or cash flow hedge instruments and other non-hedge debt-related derivative instruments. ​ Monetary changes in non-current financial debt are detailed as follows: ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, ​ ​ ​ ​ ​ ​ (M$) 2021 2020 2019 Issuance of non-current debt 808 16,075 8,668 Repayment of non-current debt (1,167) (275) (538) NET AMOUNT (359) 15,800 8,131 ​ D) Cash and cash equivalents Accounting principles Cash and cash equivalents are composed of cash on hand and highly liquid short-term investments that are easily convertible into known amounts of cash and are subject to insignificant risks of changes in value. Investments with maturity greater than three months and less than twelve months are shown under “Current financial assets”. Changes in current financial assets and liabilities are included in the financing activities section of the Consolidated Statement of Cash Flows. ​ Cash and cash equivalents are detailed as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, ​ ​ ​ ​ ​ ​ (M$) 2021 2020 2019 Cash 13,544 14,518 16,456 ​ Cash equivalents 7,798 16,750 10,896 ​ TOTAL 21,342 31,268 27,352 ​ ​ Cash equivalents are mainly composed of deposits with a maturity of less than three months, deposited in government institutions or deposit banks selected in accordance with strict criteria. As of December 31, 2021, the cash and cash equivalents include $3,097 million subject to restrictions, notably due to regulatory framework or to the fact they are owned by affiliates located in countries with exchange controls. E) Net-debt-to-capital ratio For its internal and external communication needs, TotalEnergies calculates a debt ratio by dividing its net financial debt excluding leases by its capital. The ratio is calculated as follows: Net debt excluding leases / (Equity + Net debt excluding leases) ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, ​ ​ ​ ​ ​ ​ (M$) ​ ​ ​ (Assets) / Liabilities 2021 2020 2019 ​ Current borrowings (a) 13,645 ​ 15,893 ​ 13,617 ​ Other current financial liabilities 372 ​ 203 ​ 487 ​ Current financial assets (a) (12,183) ​ (4,519) ​ (3,847) ​ Net financial assets and liabilities held for sale or exchange (4) ​ 313 ​ 301 ​ Non-current financial debt (a) 41,868 ​ 52,467 ​ 41,510 ​ Non-current financial assets (a) (1,557) ​ (3,762) ​ (748) ​ Cash and cash equivalents (21,342) ​ (31,268) ​ (27,352) ​ Net financial debt 20,799 ​ 29,327 ​ 23,968 ​ ​ ​ ​ ​ ​ ​ ​ ​ Shareholders’ equity – TotalEnergies share 111,736 ​ 103,702 ​ 116,778 ​ Distribution of the income based on existing shares at the closing date 3,263 ​ 2,383 ​ 2,527 ​ Shareholders’ equity 114,999 ​ 106,085 ​ 119,305 ​ ​ ​ ​ ​ ​ ​ ​ ​ NET-DEBT-TO-CAPITAL RATIO EXCLUDING LEASES 15.3 % 21.7 % 16.7 % ​ (a) Excluding lease receivables & lease debts. ​ 15.2 FAIR VALUE OF FINANCIAL INSTRUMENTS (EXCLUDING COMMODITY CONTRACTS) ​ Accounting principles TotalEnergies uses derivative instruments to manage its exposure to risks of changes in interest rates, foreign exchange rates and commodity prices. These financial instruments are accounted for in accordance with IFRS 9, changes in fair value of derivative instruments are recognized in the income statement or in other comprehensive income and are recognized in the balance sheet in the accounts corresponding to their nature, according to the risk management strategy. The derivative instruments used by TotalEnergies are the following: - Financial instruments used for cash management purposes are part of a hedging strategy of currency and interest rate risks within global limits set by TotalEnergies and are considered to be held for trading. Changes in fair value are systematically recorded in the income statement. The balance sheet value of those instruments is included in “Current financial assets” or “Other current financial liabilities”. - When an external long-term financing is set up, specifically to finance subsidiaries, and when this financing involves currency and interest rate derivatives, these instruments are qualified as: 1) Fair value hedge of the interest rate and currency risks on the external debt financing the loans to subsidiaries. Changes in fair value of derivatives are recognized in the income statement, as are changes in fair value of underlying financial debts and loans to subsidiaries. The fair value of those hedging instruments of long-term financing is included in assets under “Non-current financial assets” or in liabilities under “Non-current financial debt” for the non-current portion. The current portion (less than one year) is accounted for in “Current financial assets” or “Other current financial liabilities”. In case of the anticipated termination of derivative instruments accounted for as fair value hedges, the amount paid or received is recognized in the income statement and: ● ● In case of a change in the strategy of the hedge (fair value hedge to cash flow hedge), if the components of the initial aggregated exposure had already been designated in a hedging relationship (FVH), TotalEnergies designates the new instrument as a hedging instrument of an aggregated position (CFH) without having to end the initial hedging relationship. 2) Cash flow hedge when TotalEnergies implements a strategy of fixing interest rate and/or currency rate on the external debt. Changes in fair value are recorded in other comprehensive income for the effective portion of the hedging and in the income statement for the ineffective portion of the hedging. When the hedged transaction affects profit or loss, the fair value variations of the hedging instrument recorded in equity are also symmetrically recycled to the income statement. The fair value of those hedging instruments of long-term financing is included in assets under “Non-current financial assets” or in liabilities under “Non-current financial debt” for the non-current portion. The current portion (less than one year) is accounted for in “Current financial assets” or “Other current financial liabilities”. If the hedging instrument expires, is sold or terminated by anticipation, gains or losses previously recognized in equity remain in equity. Amounts are recycled to the income statement only when the hedged transaction affects profit or loss. 3) In compliance with IFRS 9, TotalEnergies has decided to recognize in a separate component of the comprehensive income the variation of foreign currency basis spread (Cross Currency Swaps) identified in the hedging relationships qualified as fair value hedges and cash flow hedges. - Certain financial instruments hedge against risks related to the equity of foreign subsidiaries whose functional currency is not the euro (mainly the dollar). These instruments qualify as “net investment hedges” and changes in fair value are recorded in other comprehensive income under "Currency translation" for the effective portion of the hedging and in the income statement for the ineffective portion of the hedging. Gains or losses on hedging instruments previously recorded in equity, are reclassified to the income statement in the same period as the total or partial disposal of the foreign activity. The fair value of these instruments is recorded under “Current financial assets” and ”Other current financial liabilities”. - Put options granted to non-controlling-interest shareholders are initially recognized as financial liabilities at the present value of the exercise price of the options with a corresponding reduction in shareholders’ equity - TotalEnergies share. The financial liability is subsequently measured at fair value at each balance sheet date in accordance with contractual clauses and any variation is recorded in the income statement (cost of debt). ​ A) Impact on the income statement per nature of financial instruments Assets and liabilities from financing activities The impact on the income statement of financing assets and liabilities mainly includes: ● Financial income on cash, cash equivalents, and current financial assets (notably current deposits beyond three months) classified as “Loans and receivables”; ● Financial expense of long-term subsidiaries financing, associated hedging instruments (excluding ineffective portion of the hedge detailed below) and financial expense of short-term financing classified as “Financing liabilities and associated hedging instruments”; ● Ineffective portion of bond hedging; ● Financial income and financial expense on lease contracts and, ● Financial income, financial expense and fair value of derivative instruments used for cash management purposes classified as “Assets and liabilities held for trading”. Financial derivative instruments used for cash management purposes (interest rate and foreign exchange) are considered to be held for trading. Based on practical documentation issues, TotalEnergies did not elect to set up hedge accounting for such instruments. The impact on income statement of the derivatives is offset by the impact of loans and current liabilities they are related to. Therefore these transactions taken as a whole do not have a significant impact on the Consolidated Financial Statements. ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, ​ ​ ​ (M$) ​ 2021 2020 2019 Loans and receivables 188 ​ 154 200 Financing liabilities and associated hedging instruments (1,373) (1,660) (1,897) Fair value hedge (ineffective portion) (10) 12 (1) Lease assets and obligations (413) (422) (417) Assets and liabilities held for trading 83 (194) (237) IMPACT ON THE COST OF NET DEBT (1,525) (2,110) (2,352) ​ B) Impact of the hedging strategies Fair value hedge instruments The impact on the income statement of the bond hedging instruments which is recorded in the item “Financial interest on debt” in the Consolidated Statement of Income is detailed as follows: ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, ​ ​ ​ (M$) 2021 2020 2019 Revaluation impact at market value of bonds 3,199 (4,004) (762) Swaps hedging bonds (3,209) 4,016 761 INEFFECTIVE PORTION OF THE FAIR VALUE HEDGE (10) 12 (1) ​ The ineffective portion is not representative of TotalEnergies’ performance considering its objective to hold swaps to maturity. The current portion of the swaps valuation is not subject to active management. Net investment hedge ​ As of December 31, 2021, 2020 and 2019 TotalEnergies had no open forward contracts held in respect of net investment hedge strategies. Cash flow hedge The impact on the income statement and other comprehensive income of the bonds hedging instruments qualified as cash flow hedges is detailed as follows: ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, ​ ​ ​ ​ ​ ​ (M$) 2021 2020 2019 Profit (Loss) recorded in other comprehensive income of the period ​ (167) ​ (327) ​ (585) Recycled amount from other comprehensive income to the income statement of the period (113) 139 47 ​ As of December 31, 2021, 2020 and 2019, the ineffective portion of these financial instruments is nil. Hedging instruments and hedged items by strategy Fair Value Hedge The following charts regarding Fair Value Hedge, disclose by nature of hedging instruments (Interest Rate Swaps and Cross Currency Swaps): - The nominal amounts and carrying amounts of hedging instruments ; - The carrying amounts of hedged items and cumulative FVH adjustments included in the carrying amounts of the hedged items; - The hedged items that have ceased to be adjusted for hedging gains and losses. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, 2021 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (M$) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cumulative FVH ​ ​ ​ ​ Nominal ​ ​ ​ ​ adjustments included ​ ​ ​ ​ amount of Carrying amount of ​ Carrying amount of ​ in the carrying amount ​ Line items in the ​ Hedging ​ hedging hedging instruments ​ hedged items ​ of the hedged items ​ statement of Hedged items instruments instruments Assets Liabilities Assets Liabilities Assets Liabilities financial position ​ ​ Interest Rate ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Financial debt / Bonds Swaps ​ 6,767 303 (36) – ​ (7,037) ​ – ​ (837) ​ Financial assets ​ ​ Cross Currency ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Financial debt / Bonds Swaps ​ 9,566 154 (382) – ​ (8,865) ​ – ​ 701 ​ Financial assets End of hedging (before 2018) ​ ​ ​ – ​ – ​ – ​ – ​ – ​ – ​ (27) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (M$) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cumulative FVH ​ ​ ​ ​ Nominal ​ ​ ​ ​ adjustments included ​ ​ ​ ​ amount of Carrying amount of ​ Carrying amount of ​ in the carrying amount ​ Line items in the ​ Hedging ​ hedging hedging instruments ​ hedged items ​ of the hedged items ​ statement of Hedged items instruments instruments Assets Liabilities Assets Liabilities Assets Liabilities financial position Bonds ​ Interest Rate ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Financial debt / ​ ​ Swaps ​ 8,063 527 (15) – ​ (8,586) ​ – ​ (1,136) ​ Financial assets Bonds Cross Currency ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Financial debt / ​ ​ Swaps ​ 11,011 836 (211) – ​ (11,109) ​ – ​ (98) ​ Financial assets End of hedging (before 2018) ​ ​ ​ – ​ – ​ – ​ – ​ – ​ – ​ (47) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cumulative FVH ​ ​ (M$) ​ Nominal ​ ​ ​ ​ adjustments included ​ ​ ​ ​ amount of Carrying amount of ​ Carrying amount of ​ in the carrying amount ​ Line item in the ​ Hedging ​ hedging hedging instruments ​ hedged items ​ of the hedged items ​ statement of Hedged items instruments instruments Assets Liabilities Assets Liabilities Assets Liabilities financial position Bonds ​ Interest Rate ​ 8,012 ​ 270 ​ (75) ​ – ​ (7,450) ​ – ​ (795) ​ Financial debt / Financial assets Bonds ​ Cross Currency ​ 14,357 ​ 124 ​ (1,011) ​ – ​ (14,357) ​ – ​ 1,290 ​ Financial debt / Financial assets End of hedging (before 2018) ​ ​ – ​ – ​ – ​ – ​ – ​ – ​ (71) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cash Flow Hedge The following charts regarding Cash Flow Hedge disclose the nominal amounts and carrying amounts by nature of hedging instruments (Interest Rate Swaps and Cross Currency Swaps). According to IFRS 9, there is no accounting entry related to Cash Flow Hedge on hedged items. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Nominal ​ ​ ​ Nature of ​ amount of ​ Carrying amount of ​ Line items in the For the year ended December 31, 2021 ​ hedging ​ hedging ​ hedging instruments ​ statement of (M$) instruments instruments Assets ​ Liabilities ​ financial position ​ Interest Rate ​ ​ ​ Financial debt / Bonds ​ Swaps ​ 12,782 ​ – ​ (736) ​ Financial assets ​ ​ Cross Currency ​ ​ ​ ​ ​ ​ ​ Financial debt / Bonds Swaps 17,511 372 (660) Financial assets ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Nominal ​ ​ ​ Nature of ​ amount of ​ Carrying amount of ​ Line items in the For the year ended December 31, 2020 ​ hedging ​ hedging ​ hedging instruments ​ statement of (M$) instruments instruments Assets ​ Liabilities ​ financial position ​ Interest Rate ​ ​ ​ Financial debt / Bonds ​ Swaps ​ 12,781 ​ – ​ (1,441) ​ Financial assets ​ ​ Cross Currency ​ ​ ​ ​ ​ ​ ​ Financial debt / Bonds Swaps 17,511 1,856 (32) Financial assets ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Nominal ​ ​ ​ Nature of ​ amount of ​ Carrying amount of ​ Line items in the For the year ended December 31, 2019 ​ hedging ​ hedging ​ hedging instruments ​ statement of (M$) instruments instruments Assets ​ Liabilities ​ financial position ​ Interest Rate ​ ​ ​ Financial debt / Bonds ​ Swaps ​ 12,782 ​ 25 ​ (527) ​ Financial assets ​ ​ Cross Currency ​ ​ ​ ​ ​ ​ ​ Financial debt / Bonds Swaps 12,604 19 (431) Financial assets ​ ​ C) Maturity of derivative instruments The maturity of the notional amounts of derivative instruments, excluding the commodity contracts, is detailed in the following table: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, 2021 ​ ​ ​ Notional ​ ​ ​ Notional value schedule (M$) ​ Fair value ​ Fair 2023 ​ ​ ​ ​ 2027 Assets / (Liabilities) ​ value ​ 2022 ​ value and beyond ​ 2023 ​ 2024 ​ 2025 ​ 2026 and beyond Fair value hedge ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Swaps hedging bonds (assets) 42 566 415 9,659 ​ ​ ​ ​ ​ ​ ​ ​ ​ Swaps hedging bonds (liabilities) (316) 3,737 (102) 2,371 ​ ​ ​ ​ ​ ​ ​ ​ ​ Total swaps hedging bonds - fair value hedge (274) 4,303 313 12,030 3,858 ​ 2,087 ​ 1,630 ​ 202 ​ 4,253 Cash flow hedge ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Swaps hedging bonds (assets) – – 372 7,149 ​ ​ ​ ​ ​ ​ ​ ​ ​ Swaps hedging bonds (liabilities) – – (1,396) 23,144 ​ ​ ​ ​ ​ ​ ​ ​ ​ Total swaps hedging bonds - cash flow hedge – – (1,024) 30,293 1,000 ​ 3,659 ​ 4,459 ​ 4,068 ​ 17,107 Forward exchange contracts related to operating activit

Financial instruments related t

Financial instruments related to commodity contracts	12 Months Ended
	Dec. 31, 2021
Financial instruments related to commodity contracts
Financial instruments related to commodity contracts	Note 16 Financial instruments related to commodity contracts ​ 16.1 FINANCIAL INSTRUMENTS RELATED TO COMMODITY CONTRACTS ​ ​ ​ ​ Accounting principles Financial instruments related to commodity contracts, including crude oil, petroleum products, gas, and power purchase/sales contracts within the trading activities, together with the commodity contract derivative instruments and freight rate swaps, are used to adjust TotalEnergies' exposure to price fluctuations within global trading limits . The valuation methodology is to mark-to-market all open positions for both physical and paper transactions. The valuations are determined on a daily basis using observable market data based on organized and over the counter (OTC) markets. In specific cases when market data is not directly available, the valuations are derived from observable data such as arbitrages, freight or spreads and market corroboration. For valuation of risks which are the result of a calculation, such as options for example, commonly known models are used to compute the fair value. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net balance ​ ​ ​ As of December 31, 2021 ​ Gross value ​ Amounts ​ sheet value ​ Other ​ ​ ​ ​ (M$) ​ before offsetting ​ offset ​ presented ​ amounts not ​ Net carrying ​ Fair Assets / (Liabilities) assets liabilities assets (c) liabilities (c) assets liabilities offset amount value (b) Integrated Gas, Renewables & Power activities ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Swaps 92 (385) (35) 35 57 (350) – (293) (293) Forwards (a) 21,752 (16,954) (2,120) 2,120 19,632 (14,834) – 4,798 4,798 Options 1,953 (63) (3) 3 1,950 (60) – 1,890 1,890 Futures 418 (430) (183) 183 235 (247) – (12) (12) Other/Collateral – – – – – – 382 382 382 Total Integrated Gas, Renewables & Power 24,215 (17,832) (2,341) 2,341 21,874 (15,491) 382 6,765 6,765 Crude oil, petroleum products and freight rates activities ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Petroleum products, crude oil and freight rate swaps 245 (289) (166) 166 79 (123) – (44) (44) Forwards (a) 411 (444) (88) 88 323 (356) – (33) (33) Options 68 (236) (40) 40 28 (196) – (168) (168) Futures – ​ – ​ – ​ – ​ – ​ – ​ – ​ – ​ – Options on futures ​ 186 ​ (78) ​ (78) ​ 78 ​ 108 ​ – ​ – ​ 108 ​ 108 Other/Collateral – – – – – – 344 ​ 344 344 Total crude oil, petroleum products and freight rates 910 (1,047) (372) 372 538 (675) 344 207 207 TOTAL 25,125 (18,879) (2,713) 2,713 22,412 (16,166) 726 6,972 6,972 Total of fair value non recognized in the balance sheet ​ (a) Forwards: contracts resulting in physical delivery are accounted for as derivative commodity contracts and included in the amounts shown. (b) When the fair value of derivatives listed on an organized exchange market (futures, options on futures and swaps) is offset with the margin call received or paid in the balance sheet, this fair value is set to zero. (c) Amounts offset in accordance with IAS 32. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net balance ​ ​ ​ As of December 31, 2020 ​ Gross value ​ Amounts ​ sheet value ​ Other ​ ​ ​ ​ (M$) ​ before offsetting ​ offset ​ presented ​ amounts not ​ Net carrying ​ Fair Assets / (Liabilities) assets liabilities assets (c) liabilities (c) assets liabilities offset amount value (b) Integrated Gas, Renewables & Power activities ​ ​ ​ ​ ​ ​ ​ ​ ​ Swaps 10 (71) – – 10 (71) – (61) (61) Forwards (a) 1,372 (3,113) (186) 186 1,186 (2,927) – (1,741) (1,741) Options (61) (75) (13) 13 (74) (62) – (136) (136) Futures 42 (32) (21) 21 21 (11) – 10 10 Other/Collateral – – – – – – 22 22 22 Total Integrated Gas, Renewables & Power 1,363 (3,291) (220) 220 1,143 (3,071) 22 (1,906) (1,906) Crude oil, petroleum products and freight rates activities ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Petroleum products, crude oil and freight rate swaps 302 (443) (207) 207 95 (236) – (141) (141) Forwards (a) 158 (297) (13) 13 145 (284) – (139) (139) Options 113 (125) (68) 68 45 (57) – (12) (12) Futures – – – – – – – – – Options on futures 117 (135) (117) 117 – (18) – (18) (18) Other/Collateral – – – – – – 43 43 43 Total crude oil, petroleum products and freight rates 690 (1,000) (405) 405 285 (595) 43 (267) (267) TOTAL 2,053 (4,291) (625) 625 1,428 (3,666) 65 (2,173) (2,173) Total of fair value non recognized in the balance sheet ​ ​ (a) Forwards: contracts resulting in physical delivery are accounted for as derivative commodity contracts and included in the amounts shown. (b) When the fair value of derivatives listed on an organized exchange market (futures, options on futures and swaps) is offset with the margin call received or paid in the balance sheet, this fair value is set to zero. (c) Amounts offset in accordance with IAS 32. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net balance ​ ​ ​ As of December 31, 2019 ​ Gross value ​ Amounts ​ sheet value ​ Other ​ ​ ​ ​ (M$) ​ before offsetting ​ offset ​ presented ​ amounts not ​ Net carrying ​ Fair Assets / (Liabilities) assets liabilities assets (c) liabilities (c) assets liabilities offset amount value (b) Integrated Gas, Renewables & Power activities ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Swaps 469 9 39 (39) 508 (30) – 478 478 Forwards (a) 4,080 (4,831) (296) 296 3,784 (4,535) – (751) (751) Options 76 (37) (28) 28 48 (9) – 39 39 Futures 17 (43) (15) 15 2 (28) – (26) (26) Other/Collateral – – – – – – (772) (772) (772) Total Integrated Gas, Renewables & Power 4,642 (4,902) (300) 300 4,342 (4,602) (772) (1,032) (1,032) Crude oil, petroleum products and freight rates activities Petroleum products, crude oil and freight rate swaps 152 (244) (73) 73 79 (171) – (92) (92) Forwards (a) 300 (297) (3) 3 297 (294) – 3 3 Options 73 (106) – – 73 (106) – (33) (33) Futures – – – – – – – – – Options on futures – (160) – – – (160) – (160) (160) Other/Collateral – – – – – – 147 147 147 Total crude oil, petroleum products and freight rates 525 (807) (76) 76 449 (731) 147 (135) (135) TOTAL 5,167 (5,709) (376) 376 4,791 (5,333) (625) (1,167) (1,167) Total of fair value non recognized in the balance sheet ​ (a) Forwards: contracts resulting in physical delivery are accounted for as derivative commodity contracts and included in the amounts shown. (b) When the fair value of derivatives listed on an organized exchange market (futures, options on futures and swaps) is offset with the margin call received or paid in the balance sheet, this fair value is set to zero. (c) Amounts offset in accordance with IAS 32. ​ Commitments on crude oil and refined products have, for the most part, a short-term maturity (less than one year The changes in fair value of financial instruments related to commodity contracts are detailed as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, Fair value Impact on Settled ​ Fair value as of (M$) ​ as of January 1, ​ income ​ contracts ​ Other ​ December 31, Integrated Gas, Renewables & Power activities ​ ​ ​ ​ ​ 2021 (1,928) 6,817 1,408 86 ​ 6,383 2020 (260) 676 (2,348) 4 ​ (1,928) 2019 (415) 1,588 (686) (747) (260) Crude oil, petroleum products and freight rates activities 2021 (310) 3,950 (3,777) – (137) 2020 (282) 3,813 (3,841) – (310) 2019 (283) 4,189 (4,188) – (282) ​ In 2019, the Other column mainly included the acquisition of Toshiba's LNG portfolio, for which financial instruments related to commodity contracts had been recognized for the amount of treasury received. The fair value hierarchy for financial instruments related to commodity contracts is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Quoted prices ​ ​ ​ ​ ​ ​ ​ ​ in active markets for ​ Prices based on ​ Prices based on ​ ​ As of December 31, 2021 ​ identical ​ observable data ​ non observable ​ ​ (M$) assets (level 1) (level 2) data (level 3) Total Integrated Gas, Renewables & Power activities 3,716 (3,563) 6,230 6,383 Crude oil, petroleum products and freight rates activities 134 (271) – (137) TOTAL 3,850 (3,834) 6,230 6,246 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Quoted prices ​ ​ ​ ​ ​ ​ ​ ​ in active markets for ​ Prices based on ​ Prices based on ​ ​ As of December 31, 2020 ​ identical ​ observable data ​ non observable ​ ​ (M$) assets (level 1) (level 2) data (level 3) Total Integrated Gas, Renewables & Power activities (159) (361) (1,408) (1,928) Crude oil, petroleum products and freight rates activities 10 (320) – (310) TOTAL (149) (681) (1,408) (2,238) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Quoted prices ​ ​ ​ ​ ​ ​ ​ ​ in active markets for ​ Prices based on ​ Prices based on ​ ​ As of December 31, 2019 ​ identical ​ observable data ​ non observable ​ ​ (M$) assets (level 1) (level 2) data (level 3) Total Integrated Gas, Renewables & Power activities 392 2,054 (2,706) (260) Crude oil, petroleum products and freight rates activities ​ (182) (172) 72 (282) TOTAL 210 1,882 (2,634) (542) ​ Financial instruments classified as level 3 are mainly composed of long-term liquefied natural gas purchase and sale contracts which relate to the trading activity. For the purpose of valuation and accounting of LNG contracts, TotalEnergies refers to a 12 months horizon in 2021 (same as in 2020 and 2019), which includes the full annual delivery program of LNG cargos for the following year. The management of positions being carried out on a net value of LNG purchase and sale commitments, the applied valuation method is the contractual portfolio method based mostly on observable market data such as the prices of energy commodities forward contracts. Concerning the period beyond the management horizon, a sensitivity analysis is carried out to verify that no liability should be recognized. The assumptions used are based on internal assumptions such as the oil and gas price long-term trajectories adopted by TotalEnergies, prices renegotiation clauses included in long-term contracts, uncertainties related to contracts execution and flexibilities included in LNG contracts. The valuation method of the LNG contracts is sensitive to market risks, and more specifically to the price risk resulting from the volatility of oil and natural gas prices on North American, Asian, and European markets, and to the valuation of flexibilities. The description of each fair value level is presented in Note 15 to the Consolidated Financial Statements. Cash Flow hedge The impact on the income statement and other comprehensive income of the hedging instruments related to commodity contracts and qualified as cash flow hedges is detailed as follows: ​ ​ ​ ​ ​ ​ ​ ​ As of December 31 ​ ​ ​ (M$) ​ 2021 2020 2019 Profit (Loss) recorded in other comprehensive income of the period 445 14 (14) Recycled amount from other comprehensive income to the income statement of the period (56) (1) – ​ These financial instruments are mainly one year 2 As of December 31, 2021, the ineffective portion of these financial instruments is nil (in 2020 and in 2019 the ineffective portion of these financial instruments was nil). 16.2 OIL, GAS AND POWER MARKETS RELATED RISKS MANAGEMENT Due to the nature of its business, TotalEnergies has significant oil and gas trading activities as part of its day-to-day operations in order to optimize revenues from its oil and gas production and to obtain favorable pricing to supply its refineries. In its international oil trading business, TotalEnergies usually follows a policy of not selling its future production. However, in connection with this trading business, TotalEnergies, like most other oil companies, uses energy derivative instruments to adjust its exposure to price fluctuations of crude oil, refined products, natural gas, and power. TotalEnergies also uses freight rate derivative contracts in its shipping business to adjust its exposure to freight-rate fluctuations. To hedge against this risk, TotalEnergies uses various instruments such as futures, forwards, swaps and options on organized markets or over-the-counter markets. The list of the different derivatives held by TotalEnergies in these markets is detailed in Note 16.1 to the Consolidated Financial Statements. As part of its gas and power trading activity, TotalEnergies also uses derivative instruments such as futures, forwards, swaps and options in both organized and over-the-counter markets. In general, the transactions are settled at maturity date through physical delivery. TotalEnergies measures its market risk exposure, i.e. one Integrated Gas, Renewables & Power division trading: "value-at-risk" with a 97.5% probability ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, ​ ​ ​ ​ (M$) ​ High ​ Low ​ Average ​ Year end 2021 80 ​ 9 ​ 28 ​ 30 2020 51 ​ 6 ​ 21 ​ 27 2019 83 ​ 10 ​ 20 ​ 64 ​ The Trading & Shipping division measures its market risk exposure, i.e. 24 The “value-at-risk” represents the most unfavorable movement in fair value obtained with a 97.5% confidence level. This means that TotalEnergies’ portfolio result is likely to exceed the value-at-risk loss measure once over 40 business days if the portfolio exposures were left unchanged. Trading & Shipping: "value-at-risk with" a 97.5% probability ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, ​ ​ ​ ​ (M$) ​ High ​ Low ​ Average ​ Year end 2021 36 9 18 12 2020 30 6 15 19 2019 28 9 17 21 ​ TotalEnergies has implemented strict policies and procedures to manage and monitor these market risks. These are based on the separation of control and front-office functions and on an integrated information system that enables real-time monitoring of trading activities. Limits on trading positions are approved by TotalEnergies’ Executive Committee and are monitored daily. To increase flexibility and encourage liquidity, hedging operations are performed with numerous independent operators, including other oil companies, major energy producers or consumers and financial institutions. TotalEnergies has established counterparty limits and monitors outstanding amounts with each counterparty on an ongoing basis.

Post closing events

Post closing events	12 Months Ended
	Dec. 31, 2021
Post closing events
Post closing events	Note 17 Post closing events ​ Myanmar In January 2022, TotalEnergies has decided to initiate the contractual process of withdrawing from the Yadana field and from MGTC in Myanmar, both as operator and as shareholder, without any financial compensation for TotalEnergies. This withdrawal has been notified to TotalEnergies' partners in Yadana and MGTC and will be effective at the latest at the expiry of the 6-month contractual period. As a result, TotalEnergies registered an impairment of assets of $(201) million in operational result and of $(305) million in TotalEnergies’ share net result. North Platte In February 2022, TotalEnergies announced its decision not to sanction and so to withdraw from the North Platte deepwater project in the US Gulf of Mexico. The decision not to continue with the project was taken as TotalEnergies has better opportunities of allocation of its capital within its global portfolio. An impairment of the project’s assets will be recorded in the consolidated financial statements of the first quarter of 2022, for an estimated amount of $(0.9) billion in net income, TotalEnergies’ share. Russian-Ukrainian conflict Since the month of February 2022, Russia's invasion of Ukraine led European and American authorities to adopt several sets of sanctions measures targeting Russian and Belarusian persons and entities, as well as the financial sector. TotalEnergies holds investments in this country in major LNG projects (Yamal LNG and Arctic LNG 2) both directly and through its holding in the company PAO Novatek, whose production and sale of LNG are not materially impacted by the sanctions adopted as of the date hereof. Depending on the developments of the Russian-Ukrainian conflict and the measures that the European and American authorities could be required to take, the activities of TotalEnergies in Russia could be affected in the future. TotalEnergies announced on March 1, 2022 that it condemned Russia's military aggression against Ukraine, supported the scope and strength of the sanctions put in place by Europe that will be implemented by the Company regardless of the consequences on its activities, and that it will no longer provide capital for new projects in Russia. This context has led the Corporation to exclude as of December 31, 2021 the resources associated with the Arctic LNG 2 project from its proved reserves.

Consolidation scope

Consolidation scope	12 Months Ended
	Dec. 31, 2021
Consolidation scope
Consolidation scope	Note 18 Consolidation scope ​ As of December 31, 2021, 1 140 entities are consolidated of which 160 are accounted for under the equity method (E). The table below presents a comprehensive list of the consolidated entities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Business ​ % Company ​ Country of ​ segment ​ Statutory corporate name ​ interest ​ Method ​ incorporation ​ Country of operations Exploration & Production ​ ​ ​ ​ ​ ​ Abu Dhabi Gas Industries Limited ​ 15.00 % E ​ United Arab Emirates ​ United Arab Emirates ​ ​ Angola Block 14 B.V. ​ 50.01 % ​ ​ Netherlands ​ Angola ​ ​ Angola LNG Supply Services, LLC ​ 13.60 % E ​ United States ​ United States ​ ​ Bonny Gas Transport Limited ​ 15.00 % E ​ Bermuda ​ Nigeria ​ ​ Brass Holdings B.V. ​ 100.00 % ​ ​ Netherlands ​ Nigeria ​ ​ Brass LNG Limited ​ 20.48 % E ​ Nigeria ​ Nigeria ​ ​ Congo Forest Company (CFC) ​ 100.00 % ​ ​ Congo ​ Congo ​ ​ Deer Creek Pipelines Limited ​ 75.00 % ​ ​ Canada ​ Canada ​ ​ Dolphin Energy Limited ​ 24.50 % E ​ United Arab Emirates ​ United Arab Emirates ​ ​ E.F. Oil And Gas Limited ​ 100.00 % ​ ​ United Kingdom ​ United Kingdom ​ ​ Elf E&P ​ 100.00 % ​ ​ France ​ France ​ ​ Elf Exploration UK Limited ​ 100.00 % ​ ​ United Kingdom ​ United Kingdom ​ ​ Elf Petroleum Iran ​ 100.00 % ​ ​ France ​ Iran ​ ​ Elf Petroleum UK Limited ​ 100.00 % ​ ​ United Kingdom ​ United Kingdom ​ ​ Gas Investment and Services Company Limited ​ 10.00 % E ​ Bermuda ​ Oman ​ ​ Mabruk Oil Operations ​ 49.02 % ​ ​ France ​ Libya ​ ​ Moattama Gas Transportation Company Limited ​ 31.24 % E ​ Bermuda ​ Myanmar ​ ​ Norpipe Oil A/S ​ 34.93 % E ​ Norway ​ Norway ​ ​ Norpipe Petroleum UK Limited ​ 45.22 % E ​ United Kingdom ​ Norway ​ ​ Norpipe Terminal Holdco Limited ​ 45.22 % E ​ United Kingdom ​ Norway ​ ​ Norsea Pipeline Limited ​ 45.22 % E ​ United Kingdom ​ Norway ​ ​ North Oil Company ​ 30.00 % E ​ Qatar ​ Qatar ​ ​ Novatek ​ 19.40 % E ​ Russia ​ Russia ​ ​ Pars LNG Limited ​ 40.00 % E ​ Bermuda ​ Iran ​ ​ Private Oil Holdings Oman Limited ​ 10.00 % E ​ United Kingdom ​ Oman ​ ​ Stogg Eagle Funding B.V. ​ 100.00 % ​ ​ Netherlands ​ Nigeria ​ ​ Tepkri Sarsang A/S ​ 100.00 % ​ ​ Denmark ​ Iraq ​ ​ Terneftegaz JSC (a) ​ 58.89 % E ​ Russia ​ Russia ​ ​ TOQAP Guyana B.V. ​ 60.00 % ​ ​ Netherlands ​ Guyana ​ ​ Total (BTC) B.V. ​ 100.00 % ​ ​ Netherlands ​ Azerbaijan ​ ​ Total Abu Al Bu Khoosh ​ 100.00 % ​ ​ France ​ United Arab Emirates ​ ​ Total Austral ​ 100.00 % ​ ​ France ​ Argentina ​ ​ Total Denmark ASW Pipeline ApS ​ 100.00 % ​ ​ Denmark ​ Denmark ​ ​ Total Dolphin Midstream ​ 100.00 % ​ ​ France ​ France ​ ​ Total E&P Absheron B.V. ​ 100.00 % ​ ​ Netherlands ​ Azerbaijan ​ ​ Total E&P Al Shaheen A/S ​ 100.00 % ​ ​ Denmark ​ Qatar ​ ​ Total E&P Algerie ​ 100.00 % ​ ​ France ​ Algeria ​ ​ Total E&P Americas, LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ Total E&P Anchor, LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ Total E&P Angola Block 15/06 ​ 100.00 % ​ ​ France ​ Angola ​ ​ Total E&P Angola Block 16 ​ 100.00 % ​ ​ France ​ Angola ​ ​ Total E&P Angola Block 16 Holdings ​ 100.00 % ​ ​ France ​ Angola ​ ​ Total E&P Angola Block 29 ​ 100.00 % ​ ​ France ​ Angola ​ ​ Total E&P Angola Block 33 ​ 100.00 % ​ ​ France ​ Angola ​ ​ Total E&P Angola Block 39 ​ 100.00 % ​ ​ France ​ Angola ​ ​ Total E&P Azerbaijan B.V. ​ 100.00 % ​ ​ Netherlands ​ Azerbaijan ​ ​ Total E&P Bolivie ​ 100.00 % ​ ​ France ​ Bolivia ​ ​ Total E&P Canada Limited ​ 100.00 % ​ ​ Canada ​ Canada ​ ​ Total E&P Chine ​ 100.00 % ​ ​ France ​ China ​ ​ Total E&P Chissonga ​ 100.00 % ​ ​ France ​ Angola ​ ​ Total E&P Colombie ​ 100.00 % ​ ​ France ​ Colombia ​ ​ Total E&P Congo ​ 85.00 % ​ ​ Congo ​ Congo ​ ​ Total E&P Cote d'Ivoire CI - 514 ​ 100.00 % ​ ​ France ​ Côte d'Ivoire ​ ​ Total E&P Cyprus B.V. ​ 100.00 % ​ ​ Netherlands ​ Cyprus ​ ​ Total E&P Dolphin Upstream ​ 100.00 % ​ ​ France ​ Qatar ​ ​ Total E&P Dunga GmbH ​ 100.00 % ​ ​ Germany ​ Kazakhstan ​ ​ Total E&P East El Burullus Offshore B.V. ​ 100.00 % ​ ​ Netherlands ​ Egypt ​ ​ Total E&P Egypt Block 2 B.V. ​ 100.00 % ​ ​ Netherlands ​ Egypt ​ ​ Total E&P Egypt Offshore Western Desert B.V. ​ 100.00 % ​ ​ Netherlands ​ Egypt ​ ​ Total E&P Egypte ​ 100.00 % ​ ​ France ​ Egypt ​ ​ Total E&P Golfe Limited ​ 100.00 % ​ ​ France ​ Qatar ​ ​ Total E&P Guyane Francaise ​ 100.00 % ​ ​ France ​ France ​ ​ Total E&P Holdings UAE B.V. ​ 100.00 % ​ ​ Netherlands ​ United Arab Emirates ​ ​ Total E&P Jack LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ Total E&P Jutland Denmark B.V. ​ 100.00 % ​ ​ Netherlands ​ Denmark ​ ​ Total E&P Kurdistan Region of Iraq (Harir) B.V. ​ 100.00 % ​ ​ Netherlands ​ Iraq ​ ​ Total E&P Kurdistan Region of Iraq (Safen) B.V. ​ 100.00 % ​ ​ Netherlands ​ Iraq ​ ​ Total E&P Kurdistan Region of Iraq (Taza) B.V. ​ 100.00 % ​ ​ Netherlands ​ Iraq ​ ​ Total E&P Kurdistan Region of Iraq B.V. ​ 100.00 % ​ ​ Netherlands ​ Iraq ​ ​ Total E&P Liban S.A.L. ​ 100.00 % ​ ​ Lebanon ​ Lebanon ​ ​ Total E&P Libye ​ 100.00 % ​ ​ France ​ Libya ​ ​ Total E&P Lower Zakum B.V. ​ 100.00 % ​ ​ Netherlands ​ United Arab Emirates ​ ​ Total E&P M2 Holdings Limited ​ 100.00 % ​ ​ South Africa ​ South Africa ​ ​ Total E&P Mauritania Block C18 B.V. ​ 100.00 % ​ ​ Netherlands ​ Mauritania ​ ​ Total E&P Mauritania Block C9 B.V. ​ 100.00 % ​ ​ Netherlands ​ Mauritania ​ ​ Total E&P Mauritania Blocks DW B.V. ​ 100.00 % ​ ​ Netherlands ​ Mauritania ​ ​ Total E&P Mauritanie ​ 100.00 % ​ ​ France ​ Mauritania ​ ​ Total E&P Mozambique B.V. ​ 100.00 % ​ ​ Netherlands ​ Mozambique ​ ​ Total E&P Myanmar ​ 100.00 % ​ ​ France ​ Myanmar ​ ​ Total E&P New Ventures Inc. ​ 100.00 % ​ ​ United States ​ United States ​ ​ Total E&P Participations Petrolieres Congo ​ 100.00 % ​ ​ Congo ​ Congo ​ ​ Total E&P Philippines B.V. ​ 100.00 % ​ ​ Netherlands ​ Philippines ​ ​ Total E&P Qatar ​ 100.00 % ​ ​ France ​ Qatar ​ ​ Total E&P RDC ​ 100.00 % ​ ​ Democratic Republic of Congo ​ Democratic Republic of Congo ​ ​ Total E&P Research & Technology USA LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ Total E&P Services China Company Limited ​ 100.00 % ​ ​ China ​ China ​ ​ Total E&P South Pars ​ 100.00 % ​ ​ France ​ Iran ​ ​ Total E&P South Sudan ​ 100.00 % ​ ​ France ​ Republic of South Sudan ​ ​ Total E&P Syrie ​ 100.00 % ​ ​ France ​ Syrian Arab Republic ​ ​ Total E&P Tajikistan B.V. ​ 100.00 % ​ ​ Netherlands ​ Tajikistan ​ ​ Total E&P Thailand ​ 100.00 % ​ ​ France ​ Thailand ​ ​ Total E&P Timan-Pechora LLC ​ 100.00 % ​ ​ Russia ​ Russia ​ ​ Total E&P UAE Unconventional Gas B.V. ​ 100.00 % ​ ​ Netherlands ​ United Arab Emirates ​ ​ Total E&P Uganda B.V. ​ 100.00 % ​ ​ Netherlands ​ Uganda ​ ​ Total E&P Umm Shaif Nasr B.V. ​ 100.00 % ​ ​ Netherlands ​ United Arab Emirates ​ ​ Total E&P US Well Containment, LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ Total E&P USA Inc. ​ 100.00 % ​ ​ United States ​ United States ​ ​ Total E&P USA Oil Shale, LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ Total E&P Waha Limited ​ 100.00 % ​ ​ Cayman Islands ​ Libya ​ ​ Total East Africa Midstream B.V. ​ 100.00 % ​ ​ Netherlands ​ Uganda ​ ​ Total Gabon ​ 58.28 % ​ ​ Gabon ​ Gabon ​ ​ Total Gass Handel Norge AS ​ 100.00 % ​ ​ Norway ​ Norway ​ ​ Total Holding Dolphin Amont ​ 100.00 % ​ ​ France ​ France ​ ​ Total Oil and Gas South America ​ 100.00 % ​ ​ France ​ France ​ ​ Total Pars LNG ​ 100.00 % ​ ​ France ​ France ​ ​ Total South Pars ​ 100.00 % ​ ​ France ​ Iran ​ ​ Total Venezuela ​ 100.00 % ​ ​ France ​ France ​ ​ TotalEnergies Denmark ASW Inc. ​ 100.00 % ​ ​ United States ​ Denmark ​ ​ TotalEnergies E&P North Sea UK Ltd ​ 100.00 % ​ ​ United Kingdom ​ United Kingdom ​ ​ TotalEnergies E&P UK Ltd ​ 100.00 % ​ ​ United Kingdom ​ United Kingdom ​ ​ TotalEnergies EP (Brunei) B.V. ​ 100.00 % ​ ​ Netherlands ​ Brunei ​ ​ TotalEnergies EP Algerie Berkine A/S ​ 100.00 % ​ ​ Denmark ​ Algeria ​ ​ TotalEnergies EP Angola ​ 100.00 % ​ ​ France ​ Angola ​ ​ TotalEnergies EP Angola Block 17.06 ​ 100.00 % ​ ​ France ​ Angola ​ ​ TotalEnergies EP Angola Block 25 ​ 100.00 % ​ ​ France ​ Angola ​ ​ TotalEnergies EP Angola Block 32 ​ 100.00 % ​ ​ France ​ Angola ​ ​ TotalEnergies EP Angola Block 40 ​ 100.00 % ​ ​ France ​ Angola ​ ​ TotalEnergies EP Angola Block 48 B.V. ​ 100.00 % ​ ​ Netherlands ​ Angola ​ ​ TotalEnergies EP Angola Blocks 20-21 ​ 100.00 % ​ ​ France ​ Angola ​ ​ TotalEnergies EP Asia Pacific Pte. Ltd ​ 100.00 % ​ ​ Singapore ​ Singapore ​ ​ TotalEnergies EP Brasil Ltda ​ 100.00 % ​ ​ Brazil ​ Brazil ​ ​ TotalEnergies EP Bulgaria B.V. ​ 100.00 % ​ ​ Netherlands ​ Bulgaria ​ ​ TotalEnergies EP Cambodge ​ 100.00 % ​ ​ France ​ Cambodia ​ ​ TotalEnergies EP Company UK Ltd ​ 100.00 % ​ ​ United Kingdom ​ United Kingdom ​ ​ TotalEnergies EP Côte d'Ivoire B.V. ​ 100.00 % ​ ​ Netherlands ​ Côte d'Ivoire ​ ​ TotalEnergies EP Côte d'Ivoire S.A.S. ​ 100.00 % ​ ​ France ​ Côte d'Ivoire ​ ​ TotalEnergies EP Danmark A/S ​ 100.00 % ​ ​ Denmark ​ Denmark ​ ​ TotalEnergies EP Danmark A/S - CPH ​ 100.00 % ​ ​ Denmark ​ Denmark ​ ​ TotalEnergies EP Europe Continentale Asie ​ 100.00 % ​ ​ United Kingdom ​ United Kingdom ​ ​ TotalEnergies EP France ​ 100.00 % ​ ​ France ​ France ​ ​ TotalEnergies EP Gastransport Nederland B.V. ​ 100.00 % ​ ​ Netherlands ​ Netherlands ​ ​ TotalEnergies EP Greece B.V. ​ 100.00 % ​ ​ Netherlands ​ Greece ​ ​ TotalEnergies EP Guyana B.V. ​ 100.00 % ​ ​ Netherlands ​ Guyana ​ ​ TotalEnergies EP Holdings Russia ​ 100.00 % ​ ​ France ​ France ​ ​ TotalEnergies EP International K1 Ltd ​ 100.00 % ​ ​ United Kingdom ​ Kenya ​ ​ TotalEnergies EP International K2 Ltd ​ 100.00 % ​ ​ United Kingdom ​ Kenya ​ ​ TotalEnergies EP International K3 Ltd ​ 100.00 % ​ ​ United Kingdom ​ Kenya ​ ​ TotalEnergies EP International Ltd ​ 100.00 % ​ ​ United Kingdom ​ Kenya ​ ​ TotalEnergies EP Iran B.V. ​ 100.00 % ​ ​ Netherlands ​ Iran ​ ​ TotalEnergies EP Iraq ​ 100.00 % ​ ​ France ​ Iraq ​ ​ TotalEnergies EP Italia S.p.A. ​ 100.00 % ​ ​ Italy ​ Italy ​ ​ TotalEnergies EP Kazakhstan ​ 100.00 % ​ ​ France ​ Kazakhstan ​ ​ TotalEnergies EP Kenya B.V. ​ 100.00 % ​ ​ Netherlands ​ Kenya ​ ​ TotalEnergies EP Malaysia ​ 100.00 % ​ ​ France ​ Malaysia ​ ​ TotalEnergies EP M'Bridge B.V. ​ 100.00 % ​ ​ Netherlands ​ Angola ​ ​ TotalEnergies EP Mexico S.A. de C.V. ​ 100.00 % ​ ​ Mexico ​ Mexico ​ ​ TotalEnergies EP Namibia B.V. ​ 100.00 % ​ ​ Netherlands ​ Namibia ​ ​ TotalEnergies EP Nederland B.V. ​ 100.00 % ​ ​ Netherlands ​ Netherlands ​ ​ TotalEnergies EP Nigeria Deepwater A Ltd ​ 100.00 % ​ ​ Nigeria ​ Nigeria ​ ​ TotalEnergies EP Nigeria Deepwater B Ltd ​ 100.00 % ​ ​ Nigeria ​ Nigeria ​ ​ TotalEnergies EP Nigeria Deepwater C Ltd ​ 100.00 % ​ ​ Nigeria ​ Nigeria ​ ​ TotalEnergies EP Nigeria Deepwater D Ltd ​ 100.00 % ​ ​ Nigeria ​ Nigeria ​ ​ TotalEnergies EP Nigeria Deepwater E Ltd ​ 100.00 % ​ ​ Nigeria ​ Nigeria ​ ​ TotalEnergies EP Nigeria Deepwater F Ltd ​ 100.00 % ​ ​ Nigeria ​ Nigeria ​ ​ TotalEnergies EP Nigeria Deepwater G Ltd ​ 100.00 % ​ ​ Nigeria ​ Nigeria ​ ​ TotalEnergies EP Nigeria Deepwater H Ltd ​ 100.00 % ​ ​ Nigeria ​ Nigeria ​ ​ TotalEnergies EP Nigeria Ltd ​ 100.00 % ​ ​ Nigeria ​ Nigeria ​ ​ TotalEnergies EP Nigeria S.A.S. ​ 100.00 % ​ ​ France ​ France ​ ​ TotalEnergies EP Norge AS ​ 100.00 % ​ ​ Norway ​ Norway ​ ​ TotalEnergies EP Oman S.A.S. ​ 100.00 % ​ ​ France ​ Oman ​ ​ TotalEnergies EP Petroleum Angola ​ 100.00 % ​ ​ France ​ Angola ​ ​ TotalEnergies EP Pipelines Danmark A/S ​ 100.00 % ​ ​ Denmark ​ Denmark ​ ​ TotalEnergies EP Profils Petroliers ​ 100.00 % ​ ​ France ​ France ​ ​ TotalEnergies EP Qatar ​ 100.00 % ​ ​ France ​ Qatar ​ ​ TotalEnergies EP Ratawi Hub ​ 100.00 % ​ ​ France ​ Iraq ​ ​ TotalEnergies EP Russie ​ 100.00 % ​ ​ France ​ Russia ​ ​ TotalEnergies EP Sao Tome and Principe B.V. ​ 100.00 % ​ ​ Netherlands ​ Angola ​ ​ TotalEnergies EP Senegal ​ 100.00 % ​ ​ France ​ Senegal ​ ​ TotalEnergies EP Services Brazil B.V. ​ 100.00 % ​ ​ Netherlands ​ Netherlands ​ ​ TotalEnergies EP South Africa B.V. ​ 100.00 % ​ ​ Netherlands ​ South Africa ​ ​ TotalEnergies EP South Africa Block 567 (Pty) Ltd ​ 100.00 % ​ ​ South Africa ​ South Africa ​ ​ TotalEnergies EP Suriname B.V. ​ 100.00 % ​ ​ Netherlands ​ Suriname ​ ​ TotalEnergies EP Venezuela B.V. ​ 100.00 % ​ ​ Netherlands ​ Venezuela ​ ​ TotalEnergies EP Well Response ​ 100.00 % ​ ​ France ​ France ​ ​ TotalEnergies EP Yemen ​ 100.00 % ​ ​ France ​ Yemen ​ ​ TotalEnergies EP Yemen Block 3 B.V. ​ 100.00 % ​ ​ Netherlands ​ Yemen ​ ​ TotalEnergies Holdings Nederland B.V. ​ 100.00 % ​ ​ Netherlands ​ Netherlands ​ ​ TotalEnergies LNG Supply Services USA ​ 100.00 % ​ ​ United States ​ United States ​ ​ TotalEnergies Nature Based Solutions ​ 100.00 % ​ ​ France ​ France ​ ​ TotalEnergies Nature Based Solutions II ​ 100.00 % ​ ​ France ​ France ​ ​ TotalEnergies Nederland Facilities Management B.V. ​ 100.00 % ​ ​ Netherlands ​ Netherlands ​ ​ TotalEnergies Offshore GB Ltd ​ 100.00 % ​ ​ United Kingdom ​ United Kingdom ​ ​ TotalEnergies Offshore UK Ltd ​ 100.00 % ​ ​ United Kingdom ​ United Kingdom ​ ​ TotalEnergies Petróleo & Gás Brasil Ltda ​ 100.00 % ​ ​ Brazil ​ Brazil ​ ​ TotalEnergies Shipping Brazil B.V. ​ 100.00 % ​ ​ Netherlands ​ Brazil ​ ​ TotalEnergies Termokarstovoye S.A.S. ​ 100.00 % ​ ​ France ​ France ​ ​ TotalEnergies Upstream Danmark A/S ​ 100.00 % ​ ​ Denmark ​ Denmark ​ ​ TotalEnergies Upstream Nigeria ​ 100.00 % ​ ​ Nigeria ​ Nigeria ​ ​ TotalEnergies Upstream UK Ltd ​ 100.00 % ​ ​ United Kingdom ​ United Kingdom ​ ​ Uintah Colorado Resources, LLC ​ 66.67 % ​ ​ United States ​ United States ​ ​ Unitah Colorado Resources II, LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ Ypergas S.A. ​ 37.33 % ​ ​ Venezuela ​ Venezuela ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Business ​ % Company ​ Country of ​ segment ​ Statutory corporate name ​ interest ​ Method ​ incorporation ​ Country of operations Integrated Gas, Renewables & Power ​ ​ ​ ​ ​ ​ Abarloar Solar S.L.U. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Abu Dhabi Gas Liquefaction Company Limited ​ 5.00 % E ​ United Arab Emirates ​ United Arab Emirates ​ ​ Adani Gas Limited AGL ​ 37.40 % E ​ India ​ India ​ ​ Adani Green Energy Ltd ​ 20.00 % E ​ India ​ India ​ ​ Adani Green Energy Twenty Three Limited ​ 50.00 % E ​ India ​ India ​ ​ Adani Total Private Limited (f) ​ 50.00 % E ​ India ​ India ​ ​ Advanced Thermal Batteries Inc. ​ 50.00 % E ​ United States ​ United States ​ ​ Aerospatiale Batteries (ASB) ​ 50.00 % E ​ France ​ France ​ ​ Aerowatt Energies ​ 65.00 % E ​ France ​ France ​ ​ Aerowatt Energies 2 ​ 51.00 % E ​ France ​ France ​ ​ Al Kharsaa Solar Holdings B.V. ​ 49.00 % E ​ Netherlands ​ Netherlands ​ ​ Alamo Solarbay S.L.U. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Albatross Software, LLC ​ 50.83 % ​ ​ United States ​ United States ​ ​ Alcad AB ​ 100.00 % ​ ​ Sweden ​ Sweden ​ ​ Alicante ​ 50.00 % E ​ France ​ France ​ ​ Alicante 2 ​ 50.00 % E ​ France ​ France ​ ​ Altergie Territoires 3 ​ 50.00 % E ​ France ​ France ​ ​ Amber Solar Power Cinco, S.L. ​ 65.00 % E ​ Spain ​ Spain ​ ​ Amber Solar Power Cuatro, S.L. ​ 65.00 % E ​ Spain ​ Spain ​ ​ Amber Solar Power Dieciseis, S.L. ​ 65.00 % E ​ Spain ​ Spain ​ ​ Amber Solar Power Diez, S.L. ​ 65.00 % E ​ Spain ​ Spain ​ ​ Amber Solar Power Nueve, S.L. ​ 65.00 % E ​ Spain ​ Spain ​ ​ Amber Solar Power Quince, S.L. ​ 65.00 % E ​ Spain ​ Spain ​ ​ Amber Solar Power Tres, S.L. ​ 65.00 % E ​ Spain ​ Spain ​ ​ Amber Solar Power Uno, S.L. ​ 65.00 % E ​ Spain ​ Spain ​ ​ Amura Solar, S.L.U. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Anayet Solar, S.L.U. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Anclote Solar, S.L.U. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Ancora Solar, S.L.U. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Andromeda Solarbay HP S.L. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Arbotante Solar, S.L.U. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Arctic LNG 2 LLC (b) ​ 21.64 % E ​ Russia ​ Russia ​ ​ Arctic Transshipment LLC (b) ​ 27.46 % E ​ Russia ​ Russia ​ ​ Armada Solar, S.L.U. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ ATJV Offshore ​ 50.00 % E ​ Singapore ​ Singapore ​ ​ Atolón Solar, S.L.U. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Auriga Generacion S.L. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Automotive Cells Company, S.E. ​ 50.00 % E ​ France ​ France ​ ​ Baser Comercializadora de Referencia ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Bassin Du Capiscol ​ 100.00 % ​ ​ France ​ France ​ ​ Beauce Oratorienne ​ 100.00 % ​ ​ France ​ France ​ ​ BioBearn S.A.S. ​ 100.00 % ​ ​ France ​ France ​ ​ BioDeac S.A.S. ​ 65.00 % E ​ France ​ France ​ ​ BioGasconha S.A.S. ​ 100.00 % ​ ​ France ​ France ​ ​ Biogaz Breuil ​ 100.00 % ​ ​ France ​ France ​ ​ Biogaz Chatillon ​ 100.00 % ​ ​ France ​ France ​ ​ Biogaz Corcelles ​ 100.00 % ​ ​ France ​ France ​ ​ Biogaz Epinay ​ 100.00 % ​ ​ France ​ France ​ ​ Biogaz Libron ​ 100.00 % ​ ​ France ​ France ​ ​ Biogaz Milhac ​ 100.00 % ​ ​ France ​ France ​ ​ Biogaz Soignolles ​ 100.00 % ​ ​ France ​ France ​ ​ Biogaz Torcy ​ 100.00 % ​ ​ France ​ France ​ ​ Biogaz Vert Le Grand ​ 100.00 % ​ ​ France ​ France ​ ​ Biogaz Viriat ​ 100.00 % ​ ​ France ​ France ​ ​ BioLoie S.A.S. ​ 55.00 % E ​ France ​ France ​ ​ BioPommeria S.A.S. ​ 100.00 % ​ ​ France ​ France ​ ​ BioQuercy S.A.S. ​ 66.00 % E ​ France ​ France ​ ​ Bioroussillon S.A.S. ​ 100.00 % ​ ​ France ​ France ​ ​ Biovilleneuvois S.A.S. ​ 100.00 % ​ ​ France ​ France ​ ​ Blue Gem Wind Limited ​ 80.00 % E ​ United Kingdom ​ United Kingdom ​ ​ Blue Raven Solar Holdings, LLC ​ 50.83 % ​ ​ United States ​ United States ​ ​ Blue Raven Solar, LLC ​ 50.83 % ​ ​ United States ​ United States ​ ​ BRS Field Ops Nevada, LLC ​ 50.83 % ​ ​ United States ​ United States ​ ​ BRS Field Ops, LLC ​ 50.83 % ​ ​ United States ​ United States ​ ​ BRS Setter, LLC ​ 50.83 % ​ ​ United States ​ United States ​ ​ BSP Class B Member HoldCo, LLC ​ 50.83 % ​ ​ United States ​ United States ​ ​ BSP Holding Company, LLC ​ 50.83 % ​ ​ United States ​ United States ​ ​ BSP II Parent, LLC ​ 50.83 % ​ ​ United States ​ United States ​ ​ Cameron LNG Holdings LLC ​ 16.60 % E ​ United States ​ United States ​ ​ Castille ​ 50.00 % E ​ France ​ France ​ ​ Cefeo Solar S.L. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Centaurus Environment S.L.U. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Centrale Eolienne De La Vallee Gentillesse ​ 74.80 % ​ ​ France ​ France ​ ​ Centrale Eolienne Ploumoguer ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Eolienne Rembercourt ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Hydrolique Alas ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Hydrolique Ardon ​ 90.00 % ​ ​ France ​ France ​ ​ Centrale Hydrolique Arvan ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Hydrolique Barbaira ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Hydrolique Bonnant ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Hydrolique Gavet ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Hydrolique La Buissiere ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Hydrolique Miage ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Hydrolique Previnquieres ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Photovoltaique De Merle Sud ​ 40.58 % E ​ France ​ France ​ ​ Centrale Solaire 2 ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire APV R&D ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Autoprod ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Beauce Val de Loire ​ 60.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Borde Blanche ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Briffaut ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Cet d'Al Gouty ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Chemin De Melette ​ 51.00 % E ​ France ​ France ​ ​ Centrale Solaire De Cazedarnes ​ 75.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Dom ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Du Centre Ouest ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Du Lavoir ​ 60.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Estarac ​ 35.00 % E ​ France ​ France ​ ​ Centrale Solaire Estarac 2 ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Forum Laudun ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Gatilles ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Golbey ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Guinots ​ 60.00 % E ​ France ​ France ​ ​ Centrale Solaire Heliovale ​ 59.63 % E ​ France ​ France ​ ​ Centrale Solaire La Potence ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire La Roquette ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire La Tastere ​ 60.00 % E ​ France ​ France ​ ​ Centrale Solaire Larampeau ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Les Cordeliers ​ 83.98 % ​ ​ France ​ France ​ ​ Centrale Solaire Les Cordeliers 2 ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Lodes ​ 50.00 % E ​ France ​ France ​ ​ Centrale Solaire Lot 1 ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Mazeran Lr ​ 50.00 % E ​ France ​ France ​ ​ Centrale Solaire Merle Sud 2 ​ 60.00 % E ​ France ​ France ​ ​ Centrale Solaire Olinoca ​ 10.00 % E ​ France ​ France ​ ​ Centrale Solaire Ombrieres Cap Agathois ​ 83.98 % ​ ​ France ​ France ​ ​ Centrale Solaire Ombrieres De Blyes ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Plateau De Pouls ​ 51.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Pouy Negue 2 ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Quinipily 2 ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Terre du Roi ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Toiture Josse ​ 60.00 % E ​ France ​ France ​ ​ Centrale Solaire TQ 2 ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire TQ1 ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Vauvoix ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Zabo 2 ​ 100.00 % ​ ​ France ​ France ​ ​ Cerezo Solar, S.L.U. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Cidra Solar, S.L.U. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Circinus Energy S.L. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Cogenra Solar, Inc. ​ 50.83 % ​ ​ United States ​ United States ​ ​ Colón LNG Marketing S. de R. L. ​ 50.00 % E ​ Panama ​ Panama ​ ​ Columba Renovables S.L.U. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Cote d'Ivoire GNL ​ 34.00 % E ​ Côte d'Ivoire ​ Côte d'Ivoire ​ ​ Cygnus Environment S.L. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ DAJA 154 ​ 100.00 % ​ ​ France ​ France ​ ​ DAJA 160 ​ 100.00 % ​ ​ France ​ France ​ ​ Danish Fields Solar, LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ ECA LNG Holdings B.V. ​ 16.60 % E ​ Netherlands ​ Netherlands ​ ​ Eclipse Solar SPA ​ 100.00 % ​ ​ Chile ​ Chile ​ ​ Edelweis Solar, S.L.U. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Energie Developpement ​ 50.00 % E ​ France ​ France ​ ​ Eole Boin ​ 100.00 % ​ ​ France ​ France ​ ​ Eole Champagne Conlinoise ​ 66.00 % E ​ France ​ France ​ ​ Eole Dadoud ​ 100.00 % ​ ​ France ​ France ​ ​ Eole Fonds Caraibes ​ 100.00 % ​ ​ France ​ France ​ ​ Eole Grand Maison ​ 100.00 % ​ ​ France ​ France ​ ​ Eole La Montagne ​ 87.60 % ​ ​ France ​ France ​ ​ Eole La Perriere S.A.R.L. ​ 100.00 % ​ ​ France ​ France ​ ​ Eole Morne Carriere ​ 100.00 % ​ ​ France ​ France ​ ​ Eole Morne Constant ​ 100.00 % ​ ​ France ​ France ​ ​ Eole Yate ​ 100.00 % ​ ​ France ​ France ​ ​ Eolmed ​ 20.00 % E ​ France ​ France ​ ​ Falcon Acquisition Holdco, Inc. ​ 50.83 % ​ ​ United States ​ United States ​ ​ Falla Solar, S.L.U. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Farm ​ 100.00 % ​ ​ France ​ France ​ ​ Fast Jung KB ​ 100.00 % ​ ​ Sweden ​ Sweden ​ ​ Fluxsol ​ 100.00 % ​ ​ France ​ France ​ ​ Fonroche Energies Renouvelables S.A.S. ​ 100.00 % ​ ​ France ​ France ​ ​ Frieman & Wolf Batterietechnick GmbH ​ 100.00 % ​ ​ Germany ​ Germany ​ ​ G.K. Succeed Tsu Haze ​ 90.00 % ​ ​ Japan ​ Japan ​ ​ Garonne-et-Canal Energies ​ 100.00 % ​ ​ France ​ France ​ ​ Gas Del Litoral SRLCV ​ 25.00 % E ​ Mexico ​ Mexico ​ ​ Gfs I Holding Company, LLC ​ 50.83 % ​ ​ United States ​ United States ​ ​ Glaciere De Palisse ​ 100.00 % ​ ​ France ​ France ​ ​ Global LNG Armateur S.A.S. ​ 100.00 % ​ ​ France ​ France ​ ​ Global LNG Downstream S.A.S. ​ 100.00 % ​ ​ France ​ France ​ ​ Global LNG North America Corporation ​ 100.00 % ​ ​ United States ​ United States ​ ​ Global LNG S.A.S. ​ 100.00 % ​ ​ France ​ France ​ ​ Go Electric ​ 100.00 % ​ ​ United States ​ United States ​ ​ Golden Fields Solar I, LLC ​ 50.83 % ​ ​ United States ​ United States ​ ​ Goodfellow Solar Construction, LLC ​ 50.83 % ​ ​ United States ​ United States ​ ​ Goodfellow Solar III, LLC ​ 50.83 % ​ ​ United States ​ United States ​ ​ Gray Whale Offshore Wind Power No.1 Co., Ltd ​ 50.00 % E ​ South Korea ​ South Korea ​ ​ Gray Whale Offshore Wind Power No.2 Co., Ltd ​ 50.00 % E ​ South Korea ​ South Korea ​ ​ Greenflex Actirent Group, S.L. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Greenflex S.A.S. ​ 100.00 % ​ ​ France ​ France ​ ​ GridVault DR1, LLC ​ 50.83 % ​ ​ United States ​ United States ​ ​ Grillete Solar, S.L.U. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ GT R4 Holding Limited ​ 50.00 % E ​ United Kingdom ​ United Kingdom ​ ​ Gulf Total Tractebel Power Company PSJC ​ 20.00 % E ​ United Arab Emirates ​ United Arab Emirates ​ ​ Hanwha Total Solar II, LLC ​ 50.00 % E ​ United States ​ United States ​ ​ Hanwha Total Solar, LLC ​ 50.00 % E ​ United States ​ United States ​ ​ Helio 100 Kw ​ 100.00 % ​ ​ France ​ France ​ ​ Helio 971 ​ 100.00 % ​ ​ France ​ France ​ ​ Helio 974 Sol 1 ​ 100.00 % ​ ​ France ​ France ​ ​ Helio 974 Toiture 2 ​ 100.00 % ​ ​ France ​ France ​ ​ Helio Fonds Caraibes ​ 100.00 % ​ ​ France ​ France ​ ​ Helio L'R ​ 100.00 % ​ ​ France ​ France ​ ​ Helio Moindah ​ 100.00 % ​ ​ France ​ France ​ ​ Helio Plaine des Gaiacs ​ 100.00 % ​ ​ France ​ France ​ ​ Helio Saint Benoit ​ 100.00 % ​ ​ France ​ France ​ ​ Helio Tontouta ​ 100.00 % ​ ​ France ​ France ​ ​ Helio Wabealo ​ 100.00 % ​ ​ France ​ France ​ ​ Helix Project III, LLC ​ 50.83 % ​ ​ United States ​ United States ​ ​ Helix Project V, LLC ​ 50.83 % ​ ​ United States ​ United States ​ ​ HETTY ​ 100.00 % ​ ​ France ​ France ​ ​ Hydro Tinee ​ 50.00 % E ​ France ​ France ​ ​ Hydromons ​ 100.00 % ​ ​ France ​ France ​ ​ Ichthys LNG PTY Limited ​ 26.00 % E ​ Australia ​ Australia ​ ​ Institut Photovoltaique D'Ile De France (IPVF) ​ 43.00 % ​ ​ France ​ France ​ ​ Ise Total Nanao Power Plant G.K. ​ 50.00 % E ​ Japan ​ Japan ​ ​ JDA Overseas Holdings, LLC ​ 50.83 % ​ ​ United States ​ United States ​ ​ Jingdan New Energy investment (Shanghai) Co. Ltd ​ 50.00 % E ​ China ​ China ​ ​ Jmcp ​ 50.05 % ​ ​ France ​ France ​ ​ JOBS Tugboat, LLC ​ 50.83 % ​ ​ United States ​ United States ​ ​ Komundo Offshore Wind Power Co., Ltd ​ 50.00 % E ​ South Korea ​ South Korea ​ ​ LA Basin Solar I, LLC ​ 50.83 % ​ ​ United States ​ United States ​ ​ La Compagnie Electrique de Bretagne ​ 100.00 % ​ ​ France ​ France ​ ​ La Metairie Neuve ​ 25.00 % E ​ France ​ France ​ ​ La Seauve ​ 40.00 % E ​ France ​ France ​ ​ Lampiris S.A. ​ 100.00 % ​ ​ Belgium ​ Belgium ​ ​ Lanuza Solar, S.L.U. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Lemoore Stratford Land Holdings IV, LLC ​ 50.83 % ​ ​ United States ​ United States ​ ​ Les Vents de la Moivre 2 ​ 100.00 % ​ ​ France ​ France ​ ​ Les Vents de la Moivre 3 ​ 100.00 % ​ ​ France ​ France ​ ​ Les Vents de la Moivre 4 ​ 100.00 % ​ ​ France ​ France ​ ​ Les Vents de la Moivre 5 ​ 100.00 % ​ ​ France ​ France ​ ​ Les Vents De Nivillac ​ 100.00 % ​ ​ France ​ France ​ ​ Leuret ​ 50.00 % E ​ France ​ France ​ ​ Lincoln Solar Star, LLC ​ 50.83 % ​ ​ United States ​ United States ​ ​ Lorca ​ 100.00 % ​ ​ France ​ France ​ ​ Luce Solar SPA ​ 100.00 % ​ ​ Chile ​ Chile ​ ​ Luminora Solar 5 ​ 65.00 % E ​ Spain ​ Spain ​ ​ Luminora Solar cuatro, S.L. ​ 65.00 % E ​ Spain ​ Spain ​ ​ Luminora Solar Dos, S.L. ​ 65.00 % E ​ Spain ​ Spain ​ ​ Luminora Solar Tres, S.L. ​ 65.00 % E ​ Spain ​ Spain ​ ​ Maenggoldo Offshore Wind Power Co., Ltd ​ 50.00 % E ​ South Korea ​ South Korea ​ ​ Margeriaz Energie ​ 100.00 % ​ ​ France ​ France ​ ​ Martianez Solar, S.L.U. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Marysville Unified School District Solar, LLC ​ 50.83 % ​ ​ United States ​ United States ​ ​ Mauricio Solar, S.L.U. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Maxeon Solar Technologies, Pte. Ltd. ​ 27.45 % E ​ Singapore ​ Singapore ​ ​ Methanergy ​ 100.00 % ​ ​ France ​ France ​ ​ Missiles & Space Batteries Limited ​ 50.00 % E ​ United Kingdom ​ United Kingdom ​ ​ Miyagi Osato Solar Park G.K. ​ 45.00 % E ​ Japan ​ Japan ​ ​ Miyako Kuzakai Solarpark G.K. ​ 50.00 % E ​ Japan ​ Japan ​ ​ Moz LNG1 Co-Financing Company ​ 26.50 % ​ ​ Mozambique ​ Mozambique ​ ​ Moz LNG1 Financing Company Ltd ​ 26.50 % ​ ​ United Arab Emirates ​ United Arab Emirates ​ ​ Moz LNG1 Holding Company Ltd ​ 26.50 % ​ ​ United Arab Emirates ​ United Arab Emirates ​ ​ Mozambique LNG Marine Terminal Company S.A. ​ 26.50 % ​ ​ Mozambique ​ Mozambique ​ ​ Mozambique MOF Company S.A. ​ 26.50 % ​ ​ Mozambique ​ Mozambique ​ ​ Mulilo Prieska PV (RF) Proprietary Limited ​ 27.00 % E ​ South Africa ​ South Africa ​ ​ Myrtle Solar, LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ National Gas Shipping Company Limited ​ 5.00 % E ​ United Arab Emirates ​ United Arab Emirates ​ ​ NEM Solar Targetco, LLC ​ 50.83 % ​ ​ United States ​ United States ​ ​ Nigeria LNG Limited ​ 15.00 % E ​ Nigeria ​ Nigeria ​ ​ Northern Lights JV DA ​ 33.33 % E ​ Norway ​ Norway ​ ​ NorthStar Energy Management Nevada, LLC ​ 50.83 % ​ ​ United States ​ United States ​ ​ NorthStar Energy Management, LLC ​ 50.83 % ​ ​ United States ​ United States ​ ​ Nouvelle Centrale Eolienne de Lastours ​ 50.00 % E ​ France ​ France ​ ​ Nuza Solar, S.L.U. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Nyk Armateur S.A.S. ​ 50.00 % E ​ France ​ France ​ ​ Oman LNG, LLC ​ 5.54 % E ​ Oman ​ Oman ​ ​ Parc Eolien De Coupru ​ 50.00 % E ​ France ​ France ​ ​ Parc Eolien Des Monts Jumeaux ​ 50.00 % E ​ France ​ France ​ ​ Parc Eolien du Vilipon ​ 50.00 % E ​ France ​ France ​ ​ Parque Fotovoltaico Alicahue Solar SPA ​ 100.00 % ​ ​ Chile ​ Chile ​ ​ Parque Fotovoltaico Santa Adriana Solar SPA ​ 100.00 % ​ ​ Chile ​ Chile ​ ​ Pilastra Solar, S.L.U. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Planta solar OPDE Andalucía 3, S.L.U. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Portalon Solar, S.L.U. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Pos Production Ii ​ 60.00 % ​ ​ France ​ France ​ ​ Pos Production Iii ​ 70.00 % ​ ​ France ​ France ​ ​ Pos Production Iv ​ 70.00 % ​ ​ France ​ France ​ ​ Pos Production V ​ 70.00 % ​ ​ France ​ France ​ ​ Postigo Solar, S.L.U. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Qatar Liquefied Gas Company Limited ​ 10.00 % E ​ Qatar ​ Qatar ​ ​ Qatar Liquefied Gas Company Limited (II) ​ 16.70 % E ​ Qatar ​ Qatar ​ ​ Quadrica ​ 51.00 % E ​ France ​ France ​ ​ Quilla Solar, S.L.U. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Rabiza Solar, S.L.U. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Recova Solar, S.L.U. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Regata Solar, S.L.U. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ RLA Solar SPA ​ 100.00 % ​ ​ Chile ​ Chile ​ ​ Rosamond Raven Holdings, LLC ​ 50.83 % ​ ​ United States ​ United States ​ ​ Saft (Zhuhai FTZ) Batteries Company Limited ​ 100.00 % ​ ​ China ​ China ​ ​ Saft (Zhuhai) Energy Storage Co ​ 100.00 % ​ ​ China ​ China ​ ​ Saft AB ​ 100.00 % ​ ​ Sweden ​ Sweden ​ ​ Saft Acquisition S.A.S. ​ 100.00 % ​ ​ France ​ France ​ ​ Saft America Inc. ​ 100.00 % ​ ​ United States ​ United States ​ ​ Saft AS ​ 100.00 % ​ ​ Norway ​ Norway ​ ​ Saft Australia PTY Limited ​ 100.00 % ​ ​ Australia ​ Australia ​ ​ Saft Batterias SL ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Saft Batterie Italia S.R.L. ​ 100.00 % ​ ​ Italy ​ Italy ​ ​ Saft Batterien GmbH ​ 100.00 % ​ ​ Germany ​ Germany ​ ​ Saft Batteries Pte Limited ​ 100.00 % ​ ​ Singapore ​ Singapore ​ ​ Saft Batteries PTY Limited ​ 100.00 % ​ ​ Australia ​ Australia ​ ​ Saft Batterijen B.V. ​ 100.00 % ​ ​ Netherlands ​ Netherlands ​ ​ Saft Do Brasil Ltda ​ 100.00 % ​ ​ Brazil ​ Brazil ​ ​ Saft EV S.A.S. ​ 100.00 % ​ ​ France ​ France ​ ​ Saft Ferak AS ​ 100.00 % ​ ​ Czech Republic ​ Czech Republic ​ ​ Saft Groupe S.A.S. ​ 100.00 % ​ ​ France ​ France ​ ​ Saft Hong Kong Limited ​ 100.00 % ​ ​ Hong Kong ​ Hong Kong ​ ​ Saft India Private Limited ​ 100.00 % ​ ​ India ​ India ​ ​ Saft Japan KK ​ 100.00 % ​ ​ Japan ​ Japan ​ ​ Saft Limited ​ 100.00 % ​ ​ United Kingdom ​ United Kingdom ​ ​ Saft LLC ​ 100.00 % ​ ​ Russia ​ Russia ​ ​ Saft Nife ME Limited ​ 100.00 % ​ ​ Cyprus ​ Cyprus ​ ​ Saft S.A.S. ​ 100.00 % ​ ​ France ​ France ​ ​ Seagreen HoldCo 1 Limited ​ 51.00 % E ​ United Kingdom ​ United Kingdom ​ ​ SGS Antelope Valley Development, LLC ​ 50.83 % ​ ​ United States ​ United States ​ ​ Shams Power Company PJSC ​ 20.00 % E ​ United Arab Emirates ​ United Arab Emirates ​ ​ Shop Renewable Energy, LLC ​ 50.83 % ​ ​ United States ​ United States ​ ​ Societe Champenoise d'Energie ​ 16.00 % E ​ France ​ France ​ ​ Societe d'exploitation de centrales photovoltaiques 1 ​ 25.47 % ​ ​ France ​ France ​ ​ Societe Economie Mixte Production Energetique Renouvelable ​ 35.92 % E ​ France ​ France ​ ​ So

Accounting policies (Policies)

Accounting policies (Policies)	12 Months Ended
	Dec. 31, 2021
General accounting principles
Basis of preparation of the consolidated financial statements	Basis of preparation of the consolidated financial statements ​ The Consolidated Financial Statements of TotalEnergies SE and its subsidiaries (the Company) are presented in U.S. dollars and have been prepared on the basis of IFRS (International Financial Reporting Standards) as adopted by the European Union and IFRS as issued by the IASB (International Accounting Standard Board) as of December 31, 2021. The accounting principles applied for the consolidated financial statements at December 31, 2021, were the same as those that were used for the financial statements at December 31, 2020, with the exception of new IFRS standards listed below which had not been early adopted by TotalEnergies. As of January 1, 2020, TotalEnergies 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. As part of this transition, TotalEnergies set up a working group in order to cover all aspects relating to the IBOR reform and is currently assessing the future impacts of these index changes. As of December 31, 2021, except for the index change on the remuneration of cash collateral with clearing houses, and the transition from the EONIA rate to the ESTR rate, whose impacts are not material, no other modification of the IBOR indices was applied on financial instruments used by TotalEnergies. The bonds and associated derivative instruments impacted by the reform are presented in Note 15.1 “Financial debt and derivative financial instruments”.
Major judgments and accounting estimates	Major judgments and accounting estimates ​ The preparation of financial statements in accordance with IFRS for the closing as of December 31, 2021 requires the General 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 General Management and therefore could be revised as circumstances change or as a result of new information. 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. The following summary provides further information about the key estimates, assumptions and judgments that are involved in preparing the Consolidated Financial Statements and the Notes thereto. It should be read in conjunction with the sections of the Notes mentioned in the summary. Estimation of hydrocarbon reserves The estimation of oil and gas reserves is a key factor in the Successful Efforts method used by TotalEnergies to account for its oil and gas activities. TotalEnergies’ oil and gas reserves are estimated by TotalEnergies’ petroleum engineers in accordance with industry standards and SEC ( U.S. Securities and Exchange Commission) Proved oil and gas reserves are those quantities of oil and gas, which, by analysis of geosciences and engineering data, can be determined with reasonable certainty to be recoverable (from a given date forward, from known reservoirs, and under existing economic conditions, operating methods, and government regulations), prior to the time at which contracts providing the rights to operate expire, unless evidence indicates that renewal is reasonably certain, regardless of whether deterministic or probabilistic methods are used for the estimation. Proved oil and gas reserves are calculated using a 12-month average price determined as the unweighted arithmetic average of the first-day-of-the-month price for each month of the relevant year unless prices are defined by contractual arrangements, excluding escalations based upon future conditions. TotalEnergies reassesses its oil and gas reserves at least once a year on all its properties. The Successful Efforts method and the mineral interests and property, plant and equipment of exploration and production are presented in Note 7 “Intangible and tangible assets”. Impairment of property, plant and equipment, intangible assets and goodwill As part of the determination of the recoverable value of assets for impairment (IAS 36), the estimates, assumptions and judgments mainly concern hydrocarbon prices scenarios, operating costs, production volumes and oil and gas proved and probable reserves, refining margins and product marketing conditions (mainly petroleum, petrochemical and chemical products as well as renewable industry products). The estimates and assumptions used by the executive management are determined in specialized internal departments in light of economic conditions and external expert analysis. The discount rate is reviewed annually. In 2020, in line with its new Climate Ambition announced on May 5, 2020, which aims at carbon neutrality, TotalEnergies had reviewed its oil assets that could be qualified as “stranded”, and therefore had decided to impair its oil sands assets in Canada. Impairment of assets and the method applied are described in Note 3 "Business segment information". Climate change and energy transition TotalEnergies supports the goals of the 2015 Paris Agreement, which calls for reducing greenhouse gas emissions in the context of sustainable development and the fight against poverty, and which aims to keep the increase in average global temperatures well below 2°C compared to pre-industrial levels. TotalEnergies wants to rise to the dual challenge of meeting the energy needs of a growing world population while reducing global warming, and play an active role in the transformation that is underway in the energy industry, by transforming itself and becoming a broad energy company, capable of producing and selling the low-carbon molecules and electrons that the energy transition needs. TotalEnergies has embedded the changing energy markets into its strategy by investing in renewables and electricity, developing the production of biofuels, biogas and low-carbon hydrogen, favoring the use of natural gas, the transition fuel whose flexibility offers a lower carbon alternative to coal for electricity production and helps to mitigate the intermittency of solar and wind energies, targeting its investments in low-cost and low-emission oil, and developing nature-based carbon storage solutions as well as CO 2 TotalEnergies is committed to reducing its carbon footprint caused by the production, processing and supply of energy to its customers. Although the pace of the transition will depend on public policy, consumption patterns and resulting demand, TotalEnergies has set itself the mission to offer its customers energy products that are affordable and generate less CO 2 TotalEnergies’ ambition is to get to Net Zero by 2050, across its production and energy products used by its customers (Scope 1+2+3), together with society. A resolution presenting this ambition to get to Net Zero and its 2030 targets was approved by the Combined Shareholders’ Meeting of May 28, 2021. It also states TotalEnergies’ principles for capital expenditure allocation: - TotalEnergies evaluates the solidity of its portfolio, including new material capital expenditure investments, on the basis of relevant scenarios. Each material capex investment, including in the exploration, acquisition or development of oil and gas resources, as well as in other energies and technologies, is subject to an evaluation that takes into consideration the objectives of the Paris Agreement. - In order to evaluate the resilience of its portfolio, TotalEnergies works on the basis of a long-term oil and gas price scenario compatible with the objectives of the Paris Agreement. As described in note 3.D “Asset impairment”, the price trajectory retained for oil by the Company for the computation of its impairments converges in 2040 towards the $50 2022 2022 For investments in new upstream oil projects, TotalEnergies puts the priority on developing low-cost projects (typically less than $20/b for operating costs plus investment costs) and low-breakeven projects (typically $30/b, taxes included). Although CO 2 2 The strategy is implemented in the long-term plan of the Company, which is forecasted for a 5-year period, updated every year, and approved by the Board of Directors. It reflects the economic environment, the ambition of the Company on carbon neutrality (Net Zero emissions) together with society, the related targets by 2030 and the current dynamics of energy transition, knowing that there is still significant uncertainty on the path to energy transition that the various countries will take. The financial statements of TotalEnergies are prepared in coherence with the main technical and economic assumptions of the long-term plan and the objectives stated above. They are also sensitive to various environmental considerations, including oil & gas prices and refining margins, as well as technical parameters, such as the estimation of hydrocarbons reserves. In particular, the selected assumptions and estimates have an impact on hydrocarbons reserves, the useful life of assets, the impairment of assets and provisions, and are described in the following notes to the consolidated financial statements: 3.D “Asset impairment”, 7 “Intangible and tangible assets”, 12 “Provisions and other non-current liabilities”. Employee benefits The benefit obligations and plan assets can be subject to significant volatility due in part to changes in market values and actuarial assumptions. These assumptions vary between different pension plans and thus take into account local conditions. They are determined following a formal process involving expertise and TotalEnergies internal judgments, in financial and actuarial terms, and also in consultation with actuaries and independent experts. The assumptions for each plan are reviewed annually and adjusted if necessary to reflect changes from the experience and actuarial advice. The discount rate is reviewed quarterly. Payroll, staff and employee benefits obligations and the method applied are described in Note 10 “Payroll, staff and employee benefits obligations”. Asset retirement obligations Asset retirement obligations, which result from a legal or constructive obligation, are recognized based on a reasonable estimate in the period in which the obligation arises. This estimate is based on information available in terms of costs and work program. It is regularly reviewed to take into account the changes in laws and regulations, the estimates of reserves and production, the analysis of site conditions and technologies. The discount rate is reviewed annually. Asset retirement obligations and the method used are described in Note 12 “Provisions and other non-current liabilities”. Income Taxes A tax liability is recognized when in application of a tax regulation, a future payment is considered probable and can be reasonably estimated. The exercise of judgment is required to assess the impact of new events on the amount of the liability. Deferred tax assets are recognized in the accounts to the extent that their recovery is considered probable. The amount of these assets is determined after taking into account deferred tax liabilities with comparable maturity, arising from the same entities and tax regimes. It takes into account existing taxable profits and future taxable profits which estimation is inherently uncertain and subject to change over time. The exercise of judgment is required to assess the impact of new events on the value of these assets and including changes in estimates of future taxable profits and the deadlines for their use. In addition, these tax positions may depend on interpretations of tax laws and regulations in the countries where TotalEnergies operates. These interpretations may have uncertain nature. Depending on the circumstances, they are final only after negotiations or resolution of disputes with authorities that can last several years. Incomes taxes and the accounting methods are described in Note 11 “Income taxes”.
Judgments in case of transactions not addressed by any accounting standard or interpretation	Judgments in case of transactions not addressed by any accounting standard or interpretation ​ Furthermore, when the accounting treatment of a specific transaction is not addressed by any accounting standard or interpretation, the management applies its judgment to define and apply accounting policies that provide information consistent with the general IFRS concepts: faithful representation, relevance and materiality.
Principles of consolidation	A) Principles of consolidation Entities that are directly controlled by the parent company or indirectly controlled by other consolidated entities are fully consolidated. Investments in joint ventures are consolidated under the equity method. TotalEnergies accounts for joint operations by recognizing its share of assets, liabilities, income and expenses. Investments in associates, in which TotalEnergies has significant influence, are accounted for by the equity method. Significant influence is presumed when TotalEnergies holds, directly or indirectly (e.g. through subsidiaries), 20% or more of the voting rights. Companies in which ownership interest is less than 20%, but over which TotalEnergies is deemed to exercise significant influence, are also accounted for by the equity method. All internal balances, transactions and income are eliminated.
Business combinations	B) Business combinations Business combinations are accounted for using the acquisition method. This method requires the recognition of the acquired identifiable assets and assumed liabilities of the companies acquired by TotalEnergies at their fair value. The purchase accounting of the acquisition is finalized up to a maximum of one year from the acquisition date. The acquirer shall recognize goodwill at the acquisition date, being the excess of: - The consideration transferred, the amount of non-controlling interests and, in business combinations achieved in stages, the fair value at the acquisition date of the investment previously held in the acquired company; - Over the fair value at the acquisition date of acquired identifiable assets and assumed liabilities. If the consideration transferred is lower than the fair value of acquired identifiable assets and assumed liabilities, an additional analysis is performed on the identification and valuation of the identifiable elements of the assets and liabilities. After having completed such additional analysis, any negative goodwill is recorded as income. Non-controlling interests are measured either at their proportionate share in the net assets of the acquired company or at fair value. In transactions with non-controlling interests, the difference between the price paid (received) and the book value of non-controlling interests acquired (sold) is recognized directly in equity. Accounting principles In accordance with IFRS 3 “Business combinations”, TotalEnergies is assessing the fair value of identifiable acquired assets, liabilities and contingent liabilities on the basis of available information. This assessment will be finalised within 12 months following the acquisition date.
Foreign currency translation	C) Foreign currency translation The presentation currency of TotalEnergies’ Consolidated Financial Statements is the US dollar. However, the functional currency of the parent company is the euro. The resulting currency translation adjustments are presented on the line "currency translation adjustment generated by the parent company" of the consolidated statement of comprehensive income, within "items not potentially reclassifiable to profit and loss". In the balance sheet, they are recorded in "currency translation adjustment". The financial statements of subsidiaries are prepared in the currency that most clearly reflects their business environment. This is referred to as their functional currency. Since July 1, 2018, Argentina is considered to be hyperinflationary. IAS 29 "Financial Reporting in Hyperinflationary Economies" is applicable to entities whose functional currency is the Argentine peso. The functional currency of the Argentine Exploration & Production subsidiary is the US dollar, therefore IAS 29 has no incidence on TotalEnergies accounts. Net asset of the other business segments is not significant. (i) Monetary transactions Transactions denominated in currencies other than the functional currency of the entity are translated at the exchange rate on the transaction date. At each balance sheet date, monetary assets and liabilities are translated at the closing rate and the resulting exchange differences are recognized in the statement of income. (ii) Translation of financial statements Assets and liabilities of entities denominated in currencies other than dollar are translated into dollar on the basis of the exchange rates at the end of the period. The income and cash flow statements are translated using the average exchange rates for the period. Foreign exchange differences resulting from such translations are either recorded in shareholders’ equity under “Currency translation adjustments” (for TotalEnergies share) or under “Non-controlling interests” (for the share of non-controlling interests) as deemed appropriate .
Significant accounting principles applicable in the future	1.2 Significant accounting principles applicable in the future The expected impact of the standards or interpretations published respectively by the International Accounting Standards Board (IASB) and the International Financial Reporting Standards Interpretations Committee (IFRS IC) which were not yet in effect at December 31, 2021, is not material.
Divestment projects	2.3 DIVESTMENT PROJECTS Accounting principles Pursuant to IFRS 5 "Non-current assets held for sale and discontinued operations”, assets and liabilities of affiliates that are held for sale are presented separately on the face of the balance sheet. Depreciation of assets ceases from the date of classification in “Non-current assets held for sale”.
Asset impairment	Accounting principles The recoverable amounts of intangible assets and property, plant and equipment are tested for impairment as soon as any indication of impairment exists. This test is performed at least annually for goodwill. The recoverable amount is the higher of the fair value (less costs to sell) or the value in use. Assets are grouped into cash-generating units (or CGUs) and tested. A CGU is a homogeneous set of assets that generates cash inflows that are largely independent of the cash inflows from other groups of assets. The value in use of a CGU is determined by reference to the discounted expected future cash flows of these assets, based upon Management’s expectation of future economic and operating conditions. When this value is less than the carrying amount of the CGU, an impairment loss is recorded. This loss is allocated first to goodwill with a corresponding amount in "Other expenses". Any further losses are then allocated to property, plant and mineral interests with a corresponding amount in "Depreciation, depletion and impairment of tangible assets and mineral interests" and to other intangible assets with a corresponding amount in "Other expenses". Impairment losses recognized in prior periods can be reversed up to the original carrying amount, had the impairment loss not been recognized. Impairment losses recognized on goodwill cannot be reversed. Investments in associates or joint ventures are tested for impairment whenever indication of impairment exists. If any objective evidence of impairment exists, the carrying amount of the investment is compared with its recoverable amount, being the higher of its fair value less costs to sell and value in use. If the carrying amount exceeds the recoverable amount, an impairment loss is recorded in "Net income (loss) from equity affiliates".
Sales of goods and services, including excise taxes	​ Accounting principles IFRS 15 requires identification of the performance obligations for the transfer of goods and services in each contract with customers. Revenue is recognized upon satisfaction of the performance obligations for the amounts that reflect the consideration to which TotalEnergies expects to be entitled in exchange for those goods and services. Sales of goods Revenues from sales are recognized when the control has been transferred to the buyer and the amount can be reasonably measured. Revenues from sales of crude oil and natural gas are recorded upon transfer of title, according to the terms of the sales contracts. Revenues from the production of crude oil and natural gas properties, in which TotalEnergies has an interest with other producers, are recognized based on actual entitlement volumes sold over the period. Any difference between entitlement volumes and volumes sold, based on TotalEnergies net working interest, are recognized in the “Under-lifting” and “Over-lifting” accounts in the balance sheet and in operating expenses in the profit and loss. Oil and gas delivered quantities that represent production royalties and taxes, when paid in cash, are included in revenues, except for the United States and Canada. Certain transactions within the trading activities (contracts involving quantities that are purchased from third parties then resold to third parties) are shown at their net value in purchases, net of inventory variation. These transactions relate in particular to crude oil, petroleum products, gas, power and LNG. Exchanges of crude oil and petroleum products realized within trading activities are shown at their net value in both the statement of income and the balance sheet. ​ Sales of services Revenues from services are recognized when the services have been rendered. Revenues from gas transport are recognized when services are rendered. These revenues are based on the quantities transported and measured according to procedures defined in each service contract. Shipping revenues and expenses from time-charter activities are recognized on a pro rata basis over a period that commences upon the unloading of the previous voyage and terminates upon the unloading of the current voyage. Shipping revenue recognition starts only when a charter has been agreed to by both TotalEnergies and the customer. Income related to the distribution of electricity and gas is not recognized in revenues in certain countries because TotalEnergies acts as an agent in this transaction. In these countries, TotalEnergies is not responsible for the delivery and does not set the price of the service, because it can only pass on to the customer the amounts invoiced to it by the distributors. Excise taxes Excise taxes are rights or taxes which amount is calculated based on the quantity of oil and gas products put on the market. Excise taxes are determined by the states. They are paid directly to the customs and tax authorities and then invoiced to final customers by being included in the sales price. The analysis of the criteria set by IFRS 15 led TotalEnergies to determine that it was acting as principal in these transactions. Therefore, sales include excise taxes collected by TotalEnergies within the course of its oil distribution operations. Excise taxes are deducted from sales in order to obtain the “Revenues from sales” indicator.
Operating expenses	5.2 OPERATING EXPENSES AND RESEARCH AND DEVELOPMENT Accounting principles TotalEnergies applies IFRS 6 “Exploration for and Evaluation of Mineral Resources”. Oil and gas exploration and production properties and assets are accounted for in accordance with the Successful Efforts method. Geological and geophysical costs, including seismic surveys for exploration purposes are expensed as incurred in exploration costs. Costs of dry wells and wells that have not found proved reserves are charged to expense in exploration costs.
Research and development costs	Accounting principles Research costs are charged to expense as incurred. Development expenses are capitalized when the criteria of IAS 38 are met.
Inventories	​ Accounting principles Inventories are measured in the Consolidated Financial Statements at the lower of historical cost or market value. Costs for petroleum and petrochemical products are determined according to the FIFO (First-In, First-Out) method or weighted-average cost method and other inventories are measured using the weighted-average cost method. In addition stocks held for trading are measured at fair value less cost to sell. Refining & Chemicals Petroleum product inventories are mainly comprised of crude oil and refined products. Refined products principally consist of gasoline, distillate and fuel produced by TotalEnergies' refineries. The turnover of petroleum products does not exceed two months on average. Crude oil costs include raw material and receiving costs. Refining costs principally include crude oil costs, production costs (energy, labor, depreciation of producing assets) and an allocation of production overheads (taxes, maintenance, insurance, etc.). Costs of chemical product inventories consist of raw material costs, direct labor costs and an allocation of production overheads. Start-up costs, general administrative costs and financing costs are excluded from the costs of refined and chemicals products. Marketing & Services The costs of products refined by TotalEnergies' entities include mainly raw materials costs, production costs (energy, labor, depreciation of producing assets), primary costs of transport and an allocation of production overheads (taxes, maintenance, insurance, etc.). General administrative costs and financing costs are excluded from the cost price of refined products. Product inventories purchased from entities external to TotalEnergies are valued at their purchase cost plus primary costs of transport. Carbon dioxide emission rights generated as part of the EU Emission Trading scheme (EU ETS) In the absence of a current IFRS standard or interpretation on accounting for emission rights of carbon dioxide generated as part of the EU Emission Trading scheme (EU ETS), the following principles are applied: - Emission rights are managed as a cost of production and as such are recognized in inventories: - Emission rights allocated for free are booked in inventories with a nil carrying amount; - Purchased emission rights are booked at acquisition cost; - Sales or annual surrender of emission rights result in decreases in inventories valued at weighted-average cost; - If the carrying amount of inventories at closing date is higher than the market value, an impairment loss is recorded. - If emission rights to be surrendered at the end of the compliance period are higher than emission rights (allocated and purchased), the shortage is accounted for as a liability at market value; - Forward transactions are recognized at their fair market value in the balance sheet. Changes in the fair value of such forward transactions are recognized in the statement of income. Energy savings certificates In the absence of current IFRS standards or interpretations on accounting for energy savings certificates (ESC), the following principles are applied: - If the obligations linked to the sales of energy are greater than the number of ESC’s held then a liability is recorded. These liabilities are valued based on the price of the last transactions; - In the event that the number of ESC’s held exceeds the obligation at the balance sheet date this is accounted for as inventory. Otherwise a valuation allowance is recorded ; - ESC inventories are valued at weighted-average cost (acquisition cost for those ESC’s acquired or cost incurred for those ESC’s generated internally). If the carrying value of the inventory of certificates at the balance sheet date is higher than the market value, an impairment loss is recorded.
Cash flow from operating activities	5.5 CASH FLOW FROM OPERATING ACTIVITIES Accounting principles The Consolidated Statement of Cash Flows prepared in currencies
Intangible assets	7.1 INTANGIBLE ASSETS Accounting principles Goodwill Guidance for measuring goodwill is presented in Note 1.1 paragraph B to the Consolidated Financial Statements. Goodwill is not amortized but is tested for impairment at least annually and as soon as there is any indication of impairment. Mineral interests Unproved mineral interests are tested for impairment based on the results of the exploratory activity or as part of the impairment tests of the cash-generating units to which they are allocated. Unproved mineral interests are transferred to proved mineral interests at their net book value as soon as proved reserves are booked. Proved mineral interests are depreciated using the unit-of-production method based on proved reserves. The corresponding expense is recorded as depreciation of tangible assets and mineral interests. Other intangible assets Other intangible assets include patents, and trademarks. Intangible assets are carried at cost, after deducting any accumulated amortization and accumulated impairment losses. Intangible assets (excluding mineral interests) that have a finite useful life are amortized on a straight-line basis over three ​
Property, plant and equipment	​ Accounting principles Exploration costs TotalEnergies applies IFRS 6 “Exploration for and Evaluation of Mineral Resources”. Oil and gas exploration and production properties and assets are accounted for in accordance with the Successful Efforts method. Exploratory wells are capitalized and tested for impairment on an individual basis as follows: - Costs of exploratory wells which result in proved reserves are capitalized and then depreciated using the unit-of-production method based on proved developed reserves; - Costs of exploratory wells are capitalized as work in progress until proved reserves have been found, if both of the following conditions are met: ● ● Costs of exploratory wells not meeting these conditions are charged to exploration costs. Oil and Gas production assets of exploration and production activities Development costs of oil and gas production facilities are capitalized. These costs include borrowing costs incurred during the period of construction and the present value of estimated future costs of asset retirement obligations. The depletion rate of development wells and of production assets is equal to the ratio of oil and gas production for the period to proved developed reserves (unit-of-production method). In the event that, due to the price effect on reserves evaluation, the unit-of-production method does not reflect properly the useful life of the asset, an alternative depreciation method is applied based on the reserves evaluated with the price of the previous year. This was the case for fiscal year 2020 where the method of unit-of-production depreciation was applied to all assets over 2020 based on proved reserves measured with the price used in 2019. As of December 31, 2021, this alternative method is no longer applied as, given the price used to assess the reserves, the unit-of-production method correctly reflects the useful life of the assets. With respect to phased development projects or projects subject to progressive well production start-up, the fixed assets’ depreciable amount, excluding production or service wells, is adjusted to exclude the portion of development costs attributable to the undeveloped reserves of these projects. With respect to production sharing contracts, the unit-of-production method is based on the portion of production and reserves assigned to TotalEnergies taking into account estimates based on the contractual clauses regarding the reimbursement of exploration, development and production costs (cost oil/gas) as well as the sharing of hydrocarbon rights after deduction of cost oil (profit oil/gas). Hydrocarbon transportation and processing assets are depreciated using the unit-of-production method based on throughput or by using the straight-line method whichever best reflects the economic life of the asset. Other property, plant and equipment Other property, plant and equipment are carried at cost, after deducting any accumulated depreciation and accumulated impairment losses. This cost includes borrowing costs directly attributable to the acquisition or production of a qualifying asset incurred until assets are placed in service. Borrowing costs are capitalized as follows: ● ● Routine maintenance and repairs are charged to expense as incurred. The costs of major turnarounds of refineries and large petrochemical units are capitalized as incurred and depreciated over the period of time between two consecutive major turnarounds. Other property, plant and equipment are depreciated using the straight-line method over their useful lives, which are as follows: ● Furniture, office equipment, machinery and tools 3 - 12 years ● Transportation equipment 5 - 20 years ● Storage tanks and related equipment 10 - 15 years ● Specialized complex installations and pipelines 10 - 30 years ● Buildings 10 - 50 years
Equity affiliates: investments and loans	8.1 EQUITY AFFILIATES: INVESTMENTS AND LOANS Accounting principles Under the equity method, the investment in the associate or joint venture is initially recognized at acquisition cost and subsequently adjusted to recognize TotalEnergies’ share of the net income and other comprehensive income of the associate or joint venture. Unrealized gains on transactions between TotalEnergies and its equity-accounted entities are eliminated to the extent of TotalEnergies’ interest in the equity accounted entity. In equity affiliates, goodwill is included in investment book value. In cases where TotalEnergies holds less than 20% of the voting rights in another entity, the determination of whether TotalEnergies exercises significant influence is also based on other facts and circumstances: representation on the Board of Directors or an equivalent governing body of the entity, participation in policy-making processes, including participation in decisions relating to dividends or other distributions, significant transactions between the investor and the entity, exchange of management personnel, or provision of essential technical information. ​
Other investments	Accounting principles Other investments are equity instruments and are measured according to IFRS 9 at fair value through profit and loss (default option). On initial recognition, the standard allows to make an election to record the changes of fair value in other comprehensive income. For these equity instruments, only dividends can be recognized in profit or loss. TotalEnergies recognizes changes in fair value in equity or in profit or loss according to the option chosen on an instrument by instrument basis. For quoted shares on active markets, this fair value is based on the market price.
Treasury shares	​ Accounting principles Treasury shares held by TotalEnergies SE, or by its subsidiaries are deducted from consolidated shareholders’ equity. Gains or losses on sales of treasury shares are excluded from the determination of net income and are recognized in shareholders’ equity.
Earnings per share	​ Accounting principles Earnings per share is calculated by dividing net income (TotalEnergies share) by the weighted-average number of common shares outstanding during the period, excluding TotalEnergies shares held by TotalEnergies SE (Treasury shares) which are deducted from consolidated shareholders’ equity. Diluted earnings per share is calculated by dividing net income (TotalEnergies share) by the fully-diluted weighted-average number of common shares outstanding during the period. Treasury shares held by the parent company, TotalEnergies SE are deducted from consolidated shareholders’ equity. These shares are not considered outstanding for purposes of this calculation which also takes into account the dilutive effect of share subscription or purchase options plans, share grants and capital increases with a subscription period closing after the end of the fiscal year. The weighted-average number of fully-diluted shares is calculated in accordance with the treasury stock method provided for by IAS 33. The proceeds, which would be recovered in the event of an exercise of rights related to dilutive instruments, are presumed to be a share buyback at the average market price over the period. The number of shares thereby obtained leads to a reduction in the total number of shares that would result from the exercise of rights. In compliance with IAS 33, earnings per share and diluted earnings per share are based on the net income after deduction of the remuneration due to the holders of deeply subordinated notes.
Share-based payments	9.2 SHARE-BASED PAYMENTS Accounting principles TotalEnergies SE may grant employees share subscription or purchase options plans, performance shares plans and offer its employees the opportunity to subscribe to reserved capital increases. These employee benefits are recognized as expenses with a corresponding credit to shareholders’ equity. The expense is equal to the fair value of the instruments granted. The expense is recognized on a straight-line basis over the period in which the advantages are acquired. The fair value of the options is calculated using the Black-Scholes model at the grant date. For performance shares plans, the fair value is calculated using the market price at the grant date after deducting the expected distribution rate during the vesting period. The global cost is reduced to take into account the non-transferability over a 2-year holding period of the shares that could be awarded. The number of allocated equity instruments can be revised during the vesting period in cases of non-compliance with performance conditions, with the exception of those related to the market, or according to the rate of turnover of the beneficiaries. The cost of employee-reserved capital increases is immediately expensed. The cost of the capital increase reserved for employees consists of the cost related to the discount on the shares subscribed using the classic and/or the leveraged schemes, the cost of the free shares and the opportunity gain for the shares subscribed using the leveraged scheme, as applicable. This opportunity gain corresponds to the benefit of subscribing to the leveraged offer, rather than reproducing the same economic profile through the purchase of options in the market for individual investors. The global cost is reduced to take into account the non-transferability of the shares that are subscribed by the employees over a period of five years.
Employee benefits obligations	Accounting principles In accordance with the laws and practices of each country, TotalEnergies participates in employee benefit plans offering retirement, death and disability, healthcare and special termination benefits. These plans provide benefits based on various factors such as length of service, salaries, and contributions made to the governmental bodies responsible for the payment of benefits. These plans can be either defined contribution or defined benefit pension plans and may be entirely or partially funded with investments made in various non-consolidated instruments such as mutual funds, insurance contracts, and other instruments. For defined contribution plans, expenses correspond to the contributions paid. Defined benefit obligations are determined according to the Projected Unit Method. Actuarial gains and losses may arise from differences between actuarial valuation and projected commitments (depending on new calculations or assumptions) and between projected and actual return of plan assets. Such gains and losses are recognized in the statement of comprehensive income, with no possibility to subsequently recycle them to the income statement. The past service cost is recorded immediately in the statement of income, whether vested or unvested. The net periodic pension cost is recognized under “Other operating expenses”.
Income taxes	​ Accounting principles Income taxes disclosed in the statement of income include current tax expenses (or income) and deferred tax expenses (or income). Current tax expenses (or income) are the estimated amount of the tax due for the taxable income of the period. Deferred income taxes are recorded based on the temporary differences between the carrying amounts of assets and liabilities recorded in the balance sheet and their tax bases, and on carry-forwards of unused tax losses and other tax credits. Deferred tax assets and liabilities are measured using the tax rates that have been enacted or substantially enacted at the balance sheet date. The tax rates used depend on the timing of reversals of temporary differences, tax losses and other tax credits. The effect of a change in tax rate is recognized either in the Consolidated Statement of Income or in shareholders’ equity depending on the item it relates to. Deferred tax resulting from temporary differences between the carrying amounts of equity-method investments and their tax bases are recognized. The deferred tax calculation is based on the expected future tax effect (dividend distribution rate or tax rate on capital gains). ​
Provisions and other non-current liabilities	12.1 PROVISIONS AND OTHER NON-CURRENT LIABILITIES Accounting principles A provision is recognized when TotalEnergies has a present obligation, legal or constructive, as a result of a past event for which it is probable that an outflow of resources will be required and when a reliable estimate can be made regarding the amount of the obligation. The amount of the liability corresponds to the best possible estimate. Provisions and non-current liabilities are comprised of liabilities for which the amount and the timing are uncertain. They arise from environmental risks, legal and tax risks, litigation and other risks.
Changes in the asset retirement obligation	Asset retirement obligations Accounting principles Asset retirement obligations, which result from a legal or constructive obligation, are recognized based on a reasonable estimate in the period in which the obligation arises. The associated asset retirement costs are capitalized as part of the carrying amount of the underlying asset and depreciated over the useful life of this asset. An entity is required to measure changes in the liability for an asset retirement obligation due to the passage of time (accretion) by applying a risk-free discount rate to the amount of the liability. Given the long-term nature of expenditures related to our asset retirement obligations, the rate is determined by reference to the rates of high quality AA-rated corporate bonds on the USD area for a long-term horizon. The increase of the provision due to the passage of time is recognized as “Other financial expense”.
Lease contracts	​ Accounting principles A lease contract is a contract that grants lessee the right to use an identified asset for a specified period of time in exchange for consideration. At lease inception, an asset corresponding to right of use and a debt are recognized in the lessee’s balance sheet. Carrying value of right of use corresponds to present value of future lease payments plus any direct costs incurred for concluding the contract. Lease debt is recorded as a liability in the balance sheet under financial debts. Rights of use are depreciated over the useful lives applied by TotalEnergies. Leases that are of short duration or that relate to low value assets are not recorded in the balance sheet, in accordance with the exemptions in the standard. They are presented as off-balance sheet commitments. Ø First-time application of IFRS 16 "Leases" As part of the first application of IFRS 16 "Leases" as of January 1, 2019, TotalEnergies.: - applied the simplified retrospective transition method, accounting for the cumulative effect of the initial application of the standard at the date of first application, without restating the comparative periods; - used the following simplification measures provided by the standard in the transitional provisions: o exclusion of contracts that TotalEnergies. had not previously identified as containing a lease under IAS 17 and IFRIC 4, o exclusion of leases whose term ends within 12 months of the date of first application; - recognized each lease component as a separate lease, separately from non-lease components of the lease (services); - applied the two exemptions of the standard on short-term leases and leases of low-value assets. The impact of the application of this standard as at January 1, 2019 is $5,698 million on fixed assets, $(5,505) million on net debt and $(193) million on other assets and liabilities. The weighted average incremental borrowing rate of 4.5% at transition date was determined on the basis of the initial duration of the contracts.
Cash and cash equivalents	Accounting principles Cash and cash equivalents are composed of cash on hand and highly liquid short-term investments that are easily convertible into known amounts of cash and are subject to insignificant risks of changes in value. Investments with maturity greater than three months and less than twelve months are shown under “Current financial assets”. Changes in current financial assets and liabilities are included in the financing activities section of the Consolidated Statement of Cash Flows.
Fair value of financial instruments (excluding commodity contracts)	​ Accounting principles TotalEnergies uses derivative instruments to manage its exposure to risks of changes in interest rates, foreign exchange rates and commodity prices. These financial instruments are accounted for in accordance with IFRS 9, changes in fair value of derivative instruments are recognized in the income statement or in other comprehensive income and are recognized in the balance sheet in the accounts corresponding to their nature, according to the risk management strategy. The derivative instruments used by TotalEnergies are the following: - Financial instruments used for cash management purposes are part of a hedging strategy of currency and interest rate risks within global limits set by TotalEnergies and are considered to be held for trading. Changes in fair value are systematically recorded in the income statement. The balance sheet value of those instruments is included in “Current financial assets” or “Other current financial liabilities”. - When an external long-term financing is set up, specifically to finance subsidiaries, and when this financing involves currency and interest rate derivatives, these instruments are qualified as: 1) Fair value hedge of the interest rate and currency risks on the external debt financing the loans to subsidiaries. Changes in fair value of derivatives are recognized in the income statement, as are changes in fair value of underlying financial debts and loans to subsidiaries. The fair value of those hedging instruments of long-term financing is included in assets under “Non-current financial assets” or in liabilities under “Non-current financial debt” for the non-current portion. The current portion (less than one year) is accounted for in “Current financial assets” or “Other current financial liabilities”. In case of the anticipated termination of derivative instruments accounted for as fair value hedges, the amount paid or received is recognized in the income statement and: ● ● In case of a change in the strategy of the hedge (fair value hedge to cash flow hedge), if the components of the initial aggregated exposure had already been designated in a hedging relationship (FVH), TotalEnergies designates the new instrument as a hedging instrument of an aggregated position (CFH) without having to end the initial hedging relationship. 2) Cash flow hedge when TotalEnergies implements a strategy of fixing interest rate and/or currency rate on the external debt. Changes in fair value are recorded in other comprehensive income for the effective portion of the hedging and in the income statement for the ineffective portion of the hedging. When the hedged transaction affects profit or loss, the fair value variations of the hedging instrument recorded in equity are also symmetrically recycled to the income statement. The fair value of those hedging instruments of long-term financing is included in assets under “Non-current financial assets” or in liabilities under “Non-current financial debt” for the non-current portion. The current portion (less than one year) is accounted for in “Current financial assets” or “Other current financial liabilities”. If the hedging instrument expires, is sold or terminated by anticipation, gains or losses previously recognized in equity remain in equity. Amounts are recycled to the income statement only when the hedged transaction affects profit or loss. 3) In compliance with IFRS 9, TotalEnergies has decided to recognize in a separate component of the comprehensive income the variation of foreign currency basis spread (Cross Currency Swaps) identified in the hedging relationships qualified as fair value hedges and cash flow hedges. - Certain financial instruments hedge against risks related to the equity of foreign subsidiaries whose functional currency is not the euro (mainly the dollar). These instruments qualify as “net investment hedges” and changes in fair value are recorded in other comprehensive income under "Currency translation" for the effective portion of the hedging and in the income statement for the ineffective portion of the hedging. Gains or losses on hedging instruments previously recorded in equity, are reclassified to the income statement in the same period as the total or partial disposal of the foreign activity. The fair value of these instruments is recorded under “Current financial assets” and ”Other current financial liabilities”. - Put options granted to non-controlling-interest shareholders are initially recognized as financial liabilities at the present value of the exercise price of the options with a corresponding reduction in shareholders’ equity - TotalEnergies share. The financial liability is subsequently measured at fair value at each balance sheet date in accordance with contractual clauses and any variation is recorded in the income statement (cost of debt).
Fair value hierarchy	Accounting principles According to IFRS 13, fair values are estimated for the majority of TotalEnergies’ financial instruments, with the exception of publicly traded equity securities and marketable securities for which the market price is used. Estimations of fair value, which are based on principles such as discounting future cash flows to present value, must be weighted by the fact that the value of a financial instrument at a given time may be influenced by the market environment (liquidity especially), and also the fact that subsequent changes in interest rates and exchange rates are not taken into account. As a consequence, the use of different estimates, methodologies and assumptions could have a material effect on the estimated fair value amounts. The methods used are as follows: - Financial debts, swaps The market value of swaps and of bonds that are hedged by those swaps has been determined on an individual basis by discounting future cash flows with the market curves existing at year-end. - Other financial instruments The fair value of interest rate swaps and of FRA’s (Forward Rate Agreements) is calculated by discounting future cash flows on the basis of market curves existing at year-end after adjustment for interest accrued but unpaid. Forward exchange contracts and currency swaps are valued on the basis of a comparison of the negotiated forward rates with the rates in effect on the financial markets at year-end for similar maturities. Exchange options are valued based on models commonly used by the market.
Financial instruments related to commodity contracts	16.1 FINANCIAL INSTRUMENTS RELATED TO COMMODITY CONTRACTS ​ ​ ​ ​ Accounting principles Financial instruments related to commodity contracts, including crude oil, petroleum products, gas, and power purchase/sales contracts within the trading activities, together with the commodity contract derivative instruments and freight rate swaps, are used to adjust TotalEnergies' exposure to price fluctuations within global trading limits . The valuation methodology is to mark-to-market all open positions for both physical and paper transactions. The valuations are determined on a daily basis using observable market data based on organized and over the counter (OTC) markets. In specific cases when market data is not directly available, the valuations are derived from observable data such as arbitrages, freight or spreads and market corroboration. For valuation of risks which are the result of a calculation, such as options for example, commonly known models are used to compute the fair value.

Business segment information (T

Business segment information (Tables)	12 Months Ended
	Dec. 31, 2021
Business segment information
Schedule of information by business segment	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Integrated ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gas, ​ ​ ​ ​ ​ ​ For the year ended December 31, 2021 ​ Renewables ​ Exploration & ​ Refining & ​ Marketing & ​ ​ ​ ​ ​ ​ (M$) ​ & Power ​ Production ​ Chemicals ​ Services ​ Corporate ​ Intercompany ​ Total External sales 30,704 ​ 7,246 ​ 87,600 ​ 80,288 ​ 25 ​ – ​ 205,863 Intersegment sales 4,260 ​ 34,896 27,637 451 254 ​ (67,498) – Excise taxes – ​ – (1,108) (20,121) – ​ – (21,229) Revenues from sales 34,964 ​ 42,142 114,129 60,618 279 ​ (67,498) 184,634 Operating expenses (29,964) ​ (16,722) (108,982) (57,159) (927) ​ 67,498 (146,256) Depreciation, depletion and impairment of tangible assets and mineral interests (1,650) ​ (9,110) (1,583) (1,100) (113) ​ – (13,556) Operating income 3,350 ​ 16,310 3,564 2,359 (761) ​ – 24,822 Net income (loss) from equity affiliates and other items 2,745 ​ (760) 518 108 45 ​ – 2,656 Tax on net operating income (602) ​ (7,506) (1,068) (738) 152 ​ – (9,762) Net operating income 5,493 ​ 8,044 3,014 1,729 (564) ​ – 17,716 Net cost of net debt ​ ​ ​ (1,350) Non-controlling interests ​ ​ ​ (334) NET INCOME - TotalEnergies SHARE ​ ​ ​ 16,032 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Integrated ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, 2021 Gas, ​ ​ ​ ​ ​ ​ (adjustments) (a) ​ Renewables ​ Exploration & ​ Refining & ​ Marketing & ​ ​ ​ ​ ​ ​ (M$) ​ & Power ​ Production ​ Chemicals ​ Services ​ Corporate ​ Intercompany ​ Total External sales ​ (44) ​ – – – – ​ – ​ (44) Intersegment sales – – – – – ​ – – Excise taxes – – – – – ​ – – Revenues from sales (44) – – – – ​ – (44) Operating expenses (271) (187) 1,470 278 – ​ – 1,290 Depreciation, depletion and impairment of tangible assets and mineral interests (342) (418) (25) (36) – ​ – (821) Operating income (b) (657) (605) 1,445 242 – ​ – 425 Net income (loss) from equity affiliates and other items (215) (1,839) 56 (61) (54) ​ – (2,113) Tax on net operating income 122 49 (396) (70) (67) ​ – (362) Net operating income (b) (750) (2,395) 1,105 111 (121) ​ – (2,050) Net cost of net debt ​ ​ ​ ​ 25 Non-controlling interests ​ ​ ​ (3) NET INCOME - TotalEnergies SHARE ​ ​ ​ (2,028) (a) (b) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ On operating income – – 1,481 315 ​ – ​ ​ ​ ​ On net operating income – – 1,296 236 ​ – ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Integrated ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, 2021 Gas, ​ ​ ​ ​ ​ ​ (adjusted) ​ Renewables ​ Exploration & ​ Refining & ​ Marketing & ​ ​ ​ ​ ​ ​ (M$) ​ & Power ​ Production ​ Chemicals ​ Services ​ Corporate ​ Intercompany ​ Total External sales 30,748 ​ 7,246 ​ 87,600 ​ 80,288 ​ 25 ​ – ​ 205,907 Intersegment sales 4,260 ​ 34,896 27,637 451 254 ​ (67,498) – Excise taxes – ​ – (1,108) (20,121) – ​ – (21,229) Revenues from sales 35,008 ​ 42,142 114,129 60,618 279 ​ (67,498) 184,678 Operating expenses (29,693) ​ (16,535) (110,452) (57,437) (927) ​ 67,498 (147,546) Depreciation, depletion and impairment of tangible assets and mineral interests (1,308) ​ (8,692) (1,558) (1,064) (113) ​ – (12,735) Adjusted operating income 4,007 ​ 16,915 2,119 2,117 (761) ​ – 24,397 Net income (loss) from equity affiliates and other items 2,960 ​ 1,079 462 169 99 ​ – 4,769 Tax on net operating income (724) ​ (7,555) (672) (668) 219 ​ – (9,400) Adjusted net operating income 6,243 ​ 10,439 1,909 1,618 (443) ​ – 19,766 Net cost of net debt ​ ​ ​ (1,375) Non-controlling interests ​ ​ ​ (331) ADJUSTED NET INCOME - TotalEnergies SHARE ​ ​ ​ 18,060 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Integrated ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gas, ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, 2021 ​ Renewables ​ Exploration & ​ Refining & ​ Marketing & ​ ​ ​ ​ ​ ​ ​ (M$) ​ & Power ​ Production ​ Chemicals ​ Services ​ Corporate ​ Intercompany ​ Total ​ Total expenditures 6,341 7,276 1,638 1,242 92 ​ – 16,589 ​ Total divestments 1,350 894 348 319 22 ​ – 2,933 ​ Cash flow from operating activities 827 22,009 6,473 2,333 (1,232) ​ – 30,410 ​ Balance sheet as of December 31, 2021 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Property, plant and equipment, intangible assets, net 31,525 86,418 11,884 8,578 638 ​ – 139,043 ​ Investments & loans in equity affiliates 20,501 6,337 3,729 486 – ​ – 31,053 ​ Other non-current assets 3,359 4,441 608 1,105 309 ​ – 9,822 ​ Working capital 5,058 (1,216) (2,558) 378 (4,220) ​ – (2,558) ​ Provisions and other non-current liabilities (4,495) (24,613) (3,840) (1,478) 581 ​ – (33,845) ​ Assets and liabilities classified as held for sale 30 308 – – – ​ – 338 ​ Capital Employed (Balance sheet) 55,978 71,675 9,823 9,069 (2,692) ​ – 143,853 ​ Less inventory valuation effect – – (1,754) (286) – ​ – (2,040) ​ CAPITAL EMPLOYED (BUSINESS SEGMENT INFORMATION) 55,978 71,675 8,069 8,783 (2,692) ​ – ​ 141,813 ​ ROACE as a percentage 12 % 14 % 20 % 18 % ​ ​ ​ ​ 14 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Integrated ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gas, ​ ​ ​ ​ ​ ​ For the year ended December 31, 2020 ​ Renewables ​ Exploration & ​ Refining & ​ Marketing & ​ ​ ​ ​ ​ ​ (M$) ​ & Power ​ Production ​ Chemicals ​ Services ​ Corporate ​ Intercompany ​ Total External sales 15,629 ​ 4,973 ​ 56,615 ​ 63,451 ​ 17 ​ – ​ 140,685 Intersegment sales 2,003 ​ 18,483 17,378 357 223 ​ (38,444) – Excise taxes – ​ – (2,405) (18,576) – ​ – (20,981) Revenues from sales 17,632 ​ 23,456 71,588 45,232 240 ​ (38,444) 119,704 Operating expenses (15,847) ​ (11,972) (70,524) (42,807) (1,049) ​ 38,444 (103,755) Depreciation, depletion and impairment of tangible assets and mineral interests (2,312) ​ (16,998) (1,878) (984) (92) ​ – (22,264) Operating income (527) ​ (5,514) (814) 1,441 (901) ​ – (6,315) Net income (loss) from equity affiliates and other items 794 ​ 697 (393) 37 272 ​ – 1,407 Tax on net operating income 71 ​ (208) 59 (515) (67) ​ – (660) Net operating income 338 ​ (5,025) (1,148) 963 (696) ​ – (5,568) Net cost of net debt ​ ​ ​ (1,768) Non-controlling interests ​ ​ ​ 94 NET INCOME - TotalEnergies SHARE ​ ​ ​ (7,242) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Integrated ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, 2020 Gas, ​ ​ ​ ​ ​ ​ (adjustments) (a) ​ Renewables ​ Exploration & ​ Refining & ​ Marketing & ​ ​ ​ ​ ​ ​ (M$) ​ & Power ​ Production ​ Chemicals ​ Services ​ Corporate ​ Intercompany ​ Total External sales ​ 20 ​ – – – – ​ – ​ 20 Intersegment sales – – – – – ​ – – Excise taxes – – – – – ​ – – Revenues from sales 20 – – – – ​ – 20 Operating expenses (423) (137) (1,552) (330) (60) ​ – (2,502) Depreciation, depletion and impairment of tangible assets and mineral interests (953) (7,693) (306) – – ​ – (8,952) Operating income (b) (1,356) (7,830) (1,858) (330) (60) ​ – (11,434) Net income (loss) from equity affiliates and other items (382) 54 (677) (24) 107 ​ – (922) Tax on net operating income 298 388 348 93 (145) ​ – 982 Net operating income (b) (1,440) (7,388) (2,187) (261) (98) ​ – (11,374) Net cost of net debt ​ ​ ​ ​ (29) Non-controlling interests ​ ​ ​ 102 NET INCOME - TotalEnergies SHARE ​ ​ ​ (11,301) (a) (b) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ On operating income – – (1,244) (196) ​ – ​ ​ ​ ​ On net operating income – – (1,165) (137) ​ – ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Integrated ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, 2020 Gas, ​ ​ ​ ​ ​ ​ (adjusted) ​ Renewables ​ Exploration & ​ Refining & ​ Marketing & ​ ​ ​ ​ ​ ​ (M$) ​ & Power ​ Production ​ Chemicals ​ Services ​ Corporate ​ Intercompany ​ Total External sales 15,609 ​ 4,973 ​ 56,615 ​ 63,451 ​ 17 ​ – ​ 140,665 Intersegment sales 2,003 ​ 18,483 17,378 357 223 ​ (38,444) – Excise taxes – ​ – (2,405) (18,576) – ​ – (20,981) Revenues from sales 17,612 ​ 23,456 71,588 45,232 240 ​ (38,444) 119,684 Operating expenses (15,424) ​ (11,835) (68,972) (42,477) (989) ​ 38,444 (101,253) Depreciation, depletion and impairment of tangible assets and mineral interests (1,359) ​ (9,305) (1,572) (984) (92) ​ – (13,312) Adjusted operating income 829 ​ 2,316 1,044 1,771 (841) ​ – 5,119 Net income (loss) from equity affiliates and other items 1,176 ​ 643 284 61 165 ​ – 2,329 Tax on net operating income (227) ​ (596) (289) (608) 78 ​ – (1,642) Adjusted net operating income 1,778 ​ 2,363 1,039 1,224 (598) ​ – 5,806 Net cost of net debt ​ ​ ​ (1,739) Non-controlling interests ​ ​ ​ (8) AJUSTED NET INCOME - TotalEnergies SHARE ​ ​ ​ 4,059 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Integrated ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gas, ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, 2020 ​ Renewables ​ Exploration & ​ Refining & ​ Marketing & ​ ​ ​ ​ ​ ​ ​ (M$) ​ & Power ​ Production ​ Chemicals ​ Services ​ Corporate ​ Intercompany ​ Total ​ Total expenditures 6,230 6,782 1,325 1,052 145 ​ – 15,534 ​ Total divestments 1,152 819 149 158 177 ​ – 2,455 ​ Cash flow from operating activities 2,129 9,922 2,438 2,101 (1,787) ​ – 14,803 ​ Balance sheet as of December 31, 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Property, plant and equipment, intangible assets, net 30,704 89,207 12,486 8,734 732 ​ – 141,863 ​ Investments & loans in equity affiliates 16,455 7,328 3,638 555 – ​ – 27,976 ​ Other non-current assets 3,647 5,093 791 1,260 1,042 ​ – 11,833 ​ Working capital (1,004) 1,968 (264) (43) (4,470) ​ – (3,813) ​ Provisions and other non-current liabilities (4,566) (24,909) (4,658) (1,641) 606 ​ – (35,168) ​ Assets and liabilities classified as held for sale 375 241 (83) – – ​ – 533 ​ Capital Employed (Balance sheet) 45,611 78,928 11,910 8,865 (2,090) ​ – 143,224 ​ Less inventory valuation effect – – (535) (72) – ​ – (607) ​ CAPITAL EMPLOYED (BUSINESS SEGMENT INFORMATION) 45,611 78,928 11,375 8,793 (2,090) ​ – ​ 142,617 ​ ROACE as a percentage 4 % 3 % 9 % 14 % ​ ​ ​ ​ 4 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Integrated ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gas, ​ ​ ​ ​ ​ ​ For the year ended December 31, 2019 ​ Renewables ​ Exploration & ​ Refining & ​ Marketing & ​ ​ ​ ​ ​ ​ (M$) ​ & Power ​ Production ​ Chemicals ​ Services ​ Corporate ​ Intercompany ​ Total External sales 18,167 ​ 7,261 ​ 87,598 ​ 87,280 ​ 10 ​ – ​ 200,316 Intersegment sales 2,825 ​ 31,329 32,390 659 125 ​ (67,328) – Excise taxes – ​ – (3,015) (21,052) – ​ – (24,067) Revenues from sales 20,992 ​ 38,590 116,973 66,887 135 ​ (67,328) 176,249 Operating expenses (18,316) ​ (16,389) (112,104) (63,855) (925) ​ 67,328 (144,261) Depreciation, depletion and impairment of tangible assets and mineral interests (1,492) ​ (11,659) (1,527) (980) (73) ​ – (15,731) Operating income 1,184 ​ 10,542 3,342 2,052 (863) ​ – 16,257 Net income (loss) from equity affiliates and other items 2,330 ​ 610 322 101 42 ​ – 3,405 Tax on net operating income (741) ​ (4,572) (470) (598) 155 ​ – (6,226) Net operating income 2,773 ​ 6,580 3,194 1,555 (666) ​ – 13,436 Net cost of net debt ​ ​ ​ ​ (1,998) Non-controlling interests ​ ​ ​ ​ (171) NET INCOME - TotalEnergies SHARE ​ ​ ​ ​ 11,267 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Integrated ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, 2019 ​ Gas, ​ ​ ​ ​ ​ ​ (adjustments) (a) Renewables ​ Exploration & ​ Refining & ​ Marketing & ​ ​ ​ ​ ​ ​ (M$) ​ & Power ​ Production ​ Chemicals ​ Services ​ Corporate ​ Intercompany ​ Total External sales (64) ​ – – – – ​ – ​ (64) Intersegment sales – – – – – ​ – – Excise taxes – – – – – ​ – – Revenues from sales (64) – – – – ​ – (64) Operating expenses (240) (145) 397 (40) (112) ​ – (140) Depreciation, depletion and impairment of tangible assets and mineral interests (156) (721) (41) (2) – ​ – (920) Operating income (b) (460) (866) 356 (42) (112) ​ – (1,124) Net income (loss) from equity affiliates and other items 974 (112) (83) (83) – ​ – 696 Tax on net operating income (130) 49 (82) 27 (73) ​ – (209) Net operating income (b) 384 (929) 191 (98) (185) ​ – (637) Net cost of net debt ​ ​ ​ ​ ​ (15) Non-controlling interests ​ ​ ​ ​ 91 NET INCOME - TotalEnergies SHARE ​ ​ ​ ​ (561) (a) (b) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ On operating income – – 477 (31) ​ – ​ ​ ​ ​ On net operating income – – 371 (14) ​ – ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Integrated ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, 2019 Gas, ​ ​ ​ ​ ​ ​ (adjusted) ​ Renewables ​ Exploration & ​ Refining & ​ Marketing & ​ ​ ​ ​ ​ ​ (M$) ​ & Power ​ Production ​ Chemicals ​ Services ​ Corporate ​ Intercompany ​ Total External sales 18,231 ​ 7,261 ​ 87,598 ​ 87,280 ​ 10 ​ – ​ 200,380 Intersegment sales 2,825 ​ 31,329 32,390 659 125 ​ (67,328) – Excise taxes – ​ – (3,015) (21,052) – ​ – (24,067) Revenues from sales 21,056 ​ 38,590 116,973 66,887 135 ​ (67,328) 176,313 Operating expenses (18,076) ​ (16,244) (112,501) (63,815) (813) ​ 67,328 (144,121) Depreciation, depletion and impairment of tangible assets and mineral interests (1,336) ​ (10,938) (1,486) (978) (73) ​ – (14,811) Adjusted operating income 1,644 ​ 11,408 2,986 2,094 (751) ​ – 17,381 Net income (loss) from equity affiliates and other items 1,356 ​ 722 405 184 42 ​ – 2,709 Tax on net operating income (611) ​ (4,621) (388) (625) 228 ​ – (6,017) Adjusted net operating income 2,389 ​ 7,509 3,003 1,653 (481) ​ – 14,073 Net cost of net debt ​ ​ ​ (1,983) Non-controlling interests ​ ​ ​ (262) ADJUSTED NET INCOME - TotalEnergies SHARE ​ ​ ​ 11,828 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Integrated ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gas, ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, 2019 ​ Renewables ​ Exploration & ​ Refining & ​ Marketing & ​ ​ ​ ​ ​ ​ ​ (M$) ​ & Power ​ Production ​ Chemicals ​ Services ​ Corporate ​ Intercompany ​ Total ​ Total expenditures 7,053 8,992 1,698 1,374 120 ​ – 19,237 ​ Total divestments 1,108 368 322 249 13 ​ – 2,060 ​ Cash flow from operating activities 3,461 16,917 3,837 2,604 (2,134) ​ – 24,685 ​ Balance sheet as of December 31, 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Property, plant and equipment, intangible assets, net 29,597 98,894 12,196 8,316 583 ​ – 149,586 ​ Investments & loans in equity affiliates 15,271 7,631 3,787 433 – ​ – 27,122 ​ Other non-current assets 2,993 4,484 744 1,179 1,009 ​ – 10,409 ​ Working capital (1,192) 2,617 796 178 (3,909) ​ – (1,510) ​ Provisions and other non-current liabilities (5,488) (25,208) (3,898) (1,531) 153 ​ – (35,972) ​ Assets and liabilities classified as held for sale 368 426 – – – ​ – 794 ​ Capital Employed (Balance sheet) 41,549 88,844 13,625 8,575 (2,164) ​ – 150,429 ​ Less inventory valuation effect – – (1,397) (204) – ​ – (1,601) ​ CAPITAL EMPLOYED (BUSINESS SEGMENT INFORMATION) 41,549 88,844 12,228 8,371 (2,164) ​ – ​ 148,828 ​ ROACE as a percentage 6 % 8 % 26 % 22 % ​ ​ ​ ​ 10 % ​ ​
Schedule of reconciliation of the information by business segment with consolidated financial statements	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consolidated For the year ended December 31, 2021 ​ ​ ​ ​ ​ statement of (M$) Adjusted Adjustments (a) income Sales 205,907 (44) 205,863 Excise taxes (21,229) – (21,229) Revenues from sales 184,678 (44) 184,634 Purchases, net of inventory variation (120,160) 1,538 (118,622) Other operating expenses (26,754) (140) (26,894) Exploration costs (632) (108) (740) Depreciation, depletion and impairment of tangible assets and mineral interests (12,735) (821) (13,556) Other income 1,300 12 1,312 Other expense (944) (1,373) (2,317) Financial interest on debt (1,904) – (1,904) Financial income and expense from cash & cash equivalents 340 39 379 Cost of net debt (1,564) 39 (1,525) Other financial income 762 – 762 Other financial expense (539) – (539) Net income (loss) from equity affiliates 4,190 (752) 3,438 Income taxes (9,211) (376) (9,587) CONSOLIDATED NET INCOME 18,391 (2,025) 16,366 TotalEnergies share 18,060 (2,028) 16,032 Non-controlling interests 331 3 334 (a) Adjustments include special items, inventory valuation effect and the effect of changes in fair value. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consolidated For the year ended December 31, 2020 ​ ​ ​ ​ ​ statement of (M$) ​ Adjusted ​ Adjustments (a) ​ income Sales 140,665 20 140,685 Excise taxes (20,981) – (20,981) Revenues from sales 119,684 20 119,704 Purchases, net of inventory variation (75,672) (1,814) (77,486) Other operating expenses (24,850) (688) (25,538) Exploration costs (731) – (731) Depreciation, depletion and impairment of tangible assets and mineral interests (13,312) (8,952) (22,264) Other income 1,405 832 2,237 Other expense (689) (817) (1,506) Financial interest on debt (2,140) (7) (2,147) Financial income and expense from cash & cash equivalents 68 (31) 37 Cost of net debt (2,072) (38) (2,110) Other financial income 914 – 914 Other financial expense (689) (1) (690) Net income (loss) from equity affiliates 1,388 (936) 452 Income taxes (1,309) 991 (318) CONSOLIDATED NET INCOME 4,067 (11,403) (7,336) TotalEnergies share 4,059 (11,301) (7,242) Non-controlling interests 8 (102) (94) (a) Adjustments include special items, inventory valuation effect and the effect of changes in fair value. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consolidated For the year ended December 31, 2019 ​ ​ ​ ​ ​ statement of (M$) ​ Adjusted ​ Adjustments (a) ​ income Sales 200,380 (64) 200,316 Excise taxes (24,067) – (24,067) Revenues from sales 176,313 (64) 176,249 Purchases, net of inventory variation (116,464) 243 (116,221) Other operating expenses (26,872) (383) (27,255) Exploration costs (785) – (785) Depreciation, depletion and impairment of tangible assets and mineral interests (14,811) (920) (15,731) Other income 876 287 1,163 Other expense (455) (737) (1,192) Financial interest on debt (2,318) (15) (2,333) Financial income and expense from cash & cash equivalents (19) – (19) Cost of net debt (2,337) (15) (2,352) Other financial income 792 – 792 Other financial expense (764) – (764) Net income (loss) from equity affiliates 2,260 1,146 3,406 Income taxes (5,663) (209) (5,872) CONSOLIDATED NET INCOME 12,090 (652) 11,438 TotalEnergies share 11,828 (561) 11,267 Non-controlling interests 262 (91) 171 (a) Adjustments include special items, inventory valuation effect and the effect of changes in fair value.
Schedule of detail of the adjustment items	Adjustments to operating income ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Integrated ​ ​ ​ ​ ​ ​ ​ ​ Gas, ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, 2021 ​ Renewables ​ Exploration & ​ Refining & ​ Marketing & ​ ​ ​ ​ (M$) & Power Production Chemicals Services Corporate Total Inventory valuation effect – – 1,481 315 – 1,796 Effect of changes in fair value (217) – – – – (217) Restructuring charges (17) (59) (10) – – (86) Asset impairment charges (342) (356) (25) (36) – (759) Gains (losses) on disposals of assets – (170) – – – (170) Other items (81) (20) (1) (37) – (139) TOTAL (657) (605) 1,445 242 – 425 ​ Adjustments to net income, TotalEnergies share ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Integrated ​ ​ ​ ​ ​ ​ ​ ​ Gas, ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, 2021 ​ Renewables ​ Exploration & ​ Refining & ​ Marketing & ​ ​ ​ ​ (M$) & Power Production Chemicals Services Corporate Total Inventory valuation effect – – 1,277 218 – 1,495 Effect of changes in fair value (194) – – – – (194) Restructuring charges (17) (75) (118) (44) (54) (308) Asset impairment charges (332) (500) (42) (36) – (910) Gains (losses) on disposals of assets (a) ​ – ​ (1,726) ​ – ​ – ​ – ​ (1,726) Other items (196) (51) (31) (40) (67) (385) TOTAL (739) (2,352) 1,086 98 (121) (2,028) ​ (a) ​ Adjustments to operating income ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Integrated ​ ​ ​ ​ ​ ​ ​ ​ Gas, ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, 2020 ​ Renewables ​ Exploration & ​ Refining & ​ Marketing & ​ ​ ​ ​ (M$) & Power Production Chemicals Services Corporate Total Inventory valuation effect – – (1,244) (196) – (1,440) Effect of changes in fair value 20 – – – – 20 Restructuring charges (39) (35) (30) – – (104) Asset impairment charges (953) (7,693) (306) – – (8,952) Other items (384) (102) (278) (134) (60) (958) TOTAL (1,356) (7,830) (1,858) (330) (60) (11,434) ​ Adjustments to net income, TotalEnergies share ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Integrated ​ ​ ​ ​ ​ ​ ​ ​ Gas, ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, 2020 ​ Renewables ​ Exploration & ​ Refining & ​ Marketing & ​ ​ ​ ​ (M$) & Power Production Chemicals Services Corporate Total Inventory valuation effect – – (1,160) (120) – (1,280) Effect of changes in fair value 23 – – – – 23 Restructuring charges (43) (29) (292) – – (364) Asset impairment charges (829) (7,328) (306) (2) – (8,465) Gains (losses) on disposals of assets – – – – 104 104 Other items (566) – (423) (106) (224) (1,319) TOTAL (1,415) (7,357) (2,181) (228) (120) (11,301) ​ Adjustments to operating income ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Integrated ​ ​ ​ ​ ​ ​ ​ Gas, ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, 2019 ​ Renewables ​ Exploration & ​ Refining & ​ Marketing & ​ ​ ​ ​ (M$) & Power Production Chemicals Services Corporate Total Inventory valuation effect – – 477 (31) – 446 Effect of changes in fair value (19) – – – – (19) Restructuring charges (4) – – – – (4) Asset impairment charges (156) (721) (41) (2) – (920) Other items (281) (145) (80) (9) (112) (627) TOTAL (460) (866) 356 (42) (112) (1,124) ​ Adjustments to net income, TotalEnergies share ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Integrated ​ ​ ​ ​ ​ ​ ​ ​ Gas, ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, 2019 ​ Renewables ​ Exploration & ​ Refining & ​ Marketing & ​ ​ ​ ​ (M$) & Power Production Chemicals Services Corporate Total Inventory valuation effect – – 369 (23) – 346 Effect of changes in fair value (15) – – – – (15) Restructuring charges (31) (5) (22) – – (58) Asset impairment charges 105 (530) (39) (1) – (465) Gains (losses) on disposals of assets – – – – – – Other items 422 (405) (119) (82) (185) (369) TOTAL 481 (940) 189 (106) (185) (561) ​

Segment Information by geogra_2

Segment Information by geographical area (Tables)	12 Months Ended
	Dec. 31, 2021
Segment Information by geographical area
Schedule of segment information by geographical area	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Rest of North ​ Rest of ​ (M$) ​ France ​ Europe ​ America ​ Africa ​ the world ​ Total For the year ended December 31, 2021 External sales 43,316 85,072 22,998 19,520 34,957 205,863 Property, plant and equipment, intangible assets, net 14,204 29,660 12,229 41,593 41,357 139,043 Capital expenditures 2,157 3,027 1,680 3,696 6,029 16,589 For the year ended December 31, 2020 External sales 32,748 67,292 13,258 16,011 11,376 140,685 Property, plant and equipment, intangible assets, net 14,555 30,932 11,891 43,087 41,398 141,863 Capital expenditures 2,044 3,165 899 3,816 5,610 15,534 For the year ended December 31, 2019 External sales 43,877 99,176 19,946 21,303 16,014 200,316 Property, plant and equipment, intangible assets, net 13,212 28,765 18,916 45,573 43,120 149,586 Capital expenditures 1,979 3,201 1,748 7,663 4,646 19,237

Main items related to operati_2

Main items related to operating activities (Tables)	12 Months Ended
	Dec. 31, 2021
Main items related to operating activities
Schedule of operating expenses	​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, (M$) ​ 2021 ​ 2020 ​ 2019 Purchases, net of inventory variation (a) (b) (118,622) (77,486) (116,221) Exploration costs (740) (731) (785) Other operating expenses (c) (26,894) (25,538) (27,255) of which non-current operating liabilities (allowances) reversals 1,299 778 1,152 of which current operating liabilities (allowances) reversals (30) (77) (157) OPERATING EXPENSES (146,256) (103,755) (144,261) (a) Includes taxes paid on oil and gas production in the Exploration & Production segment, amongst others, royalties. (b) TotalEnergies values under / over lifting at market value. (c) Principally composed of production and administrative costs (see in particular the payroll costs as detailed in Note 10 to the Consolidated Financial Statements “Payroll, staff and employee benefits obligations").
Schedule of amortization, depreciation and impairment of tangible assets and mineral interests	​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, (M$) ​ 2021 ​ 2020 ​ 2019 Depreciation and impairment of tangible assets (12,683) (21,188) (14,640) Amortization and impairment of mineral assets (873) (1,076) (1,091) TOTAL (13,556) (22,264) (15,731)
Schedule of inventories and changes in the valuation allowance on inventories	​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2021 ​ ​ Valuation ​ (M$) Gross value allowance Net value Crude oil and natural gas 3,221 (7) 3,214 Refined products 5,411 (50) 5,361 Chemicals products 1,519 (98) 1,421 Trading inventories 6,501 – 6,501 Other inventories 4,538 (1,083) 3,455 TOTAL 21,190 (1,238) 19,952 ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2020 ​ ​ Valuation ​ (M$) Gross value allowance Net value Crude oil and natural gas 1,818 (1) 1,817 Refined products 3,913 (68) 3,845 Chemicals products 1,330 (102) 1,228 Trading inventories 5,130 – 5,130 Other inventories 3,824 (1,114) 2,710 TOTAL 16,015 (1,285) 14,730 ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2019 ​ ​ Valuation ​ (M$) Gross value allowance Net value Crude oil and natural gas 2,381 (14) 2,367 Refined products 5,326 (45) 5,281 Chemicals products 1,448 (91) 1,357 Trading inventories 5,500 – 5,500 Other inventories 3,651 (1,024) 2,627 TOTAL 18,306 (1,174) 17,132 ​ Changes in the valuation allowance on inventories are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Currency ​ ​ ​ Valuation ​ ​ ​ translation ​ Valuation ​ ​ allowance as of ​ ​ ​ adjustment and ​ allowance as of For the year ended December 31, January 1, ​ Increase (net) other variations December 31, 2021 (1,285) (36) ​ 83 (1,238) 2020 (1,174) (85) ​ (26) (1,285) 2019 (1,343) 205 ​ (36) (1,174)
Schedule of accounts receivable and other current assets and changes in the valuation allowances	​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2021 Valuation (M$) ​ Gross value ​ allowance ​ Net value Accounts receivable 22,776 (793) 21,983 Recoverable taxes 3,713 (54) 3,659 Other operating receivables 29,767 (214) 29,553 Prepaid expenses 1,879 – 1,879 Other current assets 53 – 53 Other current assets 35,412 (268) 35,144 ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2020 Valuation (M$) ​ Gross value ​ allowance ​ Net value Accounts receivable 14,899 (831) 14,068 Recoverable taxes 3,598 (67) 3,531 Other operating receivables 8,251 (208) 8,043 Prepaid expenses 1,801 – 1,801 Other current assets 53 – 53 Other current assets 13,703 (275) 13,428 ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2019 Valuation (M$) ​ Gross value ​ allowance ​ Net value Accounts receivable 19,162 (674) 18,488 Recoverable taxes 4,209 (95) 4,114 Other operating receivables 11,746 (240) 11,506 Prepaid expenses 1,336 – 1,336 Other current assets 57 – 57 Other current assets 17,348 (335) 17,013 ​ Changes in the valuation allowance on “Accounts receivable” and “Other current assets” are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Currency ​ ​ ​ ​ Valuation ​ ​ ​ translation ​ Valuation ​ ​ allowance as of ​ ​ ​ adjustments and ​ allowance as of For the year ended December 31, January 1, Increase (net) other variations December 31, Accounts receivable 2021 (831) (24) 62 (793) 2020 (674) (107) (50) (831) 2019 (624) (89) 39 (674) Other current assets 2021 (275) (10) 17 (268) 2020 (335) 37 23 (275) 2019 (573) (46) 284 (335)
Schedule of other creditors and accrued liabilities	​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2021 2020 2019 Accruals and deferred income 3,744 842 522 Payable to States (including taxes and duties) 10,281 5,734 7,438 Payroll 1,481 1,587 1,527 Other operating liabilities 27,294 14,302 16,262 TOTAL 42,800 22,465 25,749
Schedule of additional information on cash paid or received in the cash flow from operating activities	​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, 2021 2020 2019 Interests paid (1,886) (2,145) (2,181) Interests received 284 197 210 Income tax paid (a) (4,508) (2,858) (5,293) Dividends received 2,346 1,444 1,988 (a) These amounts include taxes paid in kind under production-sharing contracts in exploration and production activities. Detail of changes in working capital ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, 2021 2020 2019 Inventories (5,903) 2,274 (2,071) Accounts receivable (6,788) 4,818 (933) Other current assets (21,026) 3,374 (2,001) Accounts payable 12,073 (5,355) 1,998 Other creditors and accrued liabilities 21,028 (3,242) 1,289 NET AMOUNT, DECREASE (INCREASE) (616) 1,869 (1,718) ​ Detail of changes in provisions and deferred taxes ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, ​ 2021 ​ 2020 ​ 2019 Accruals (467) 350 403 Deferred taxes 1,429 (2,132) (461) TOTAL 962 (1,782) (58)

Other items from operating ac_2

Other items from operating activities (Tables)	12 Months Ended
	Dec. 31, 2021
Other items from operating activities
Schedule of other income and other expense	​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, 2021 2020 2019 Gains on disposal of assets 890 961 670 Foreign exchange gains 227 746 238 Other 195 530 255 OTHER INCOME 1,312 2,237 1,163 ​ ​ ​ ​ ​ ​ ​ Losses on disposal of assets (436) (52) (56) Foreign exchange losses (702) (320) (463) Amortization of other intangible assets (excl. mineral interests) (448) (343) (266) Other (731) (791) (407) OTHER EXPENSE (2,317) (1,506) (1,192)
Schedule of other financial income and expense	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2021 2020 2019 Dividend income on non-consolidated subsidiaries ​ 203 ​ 160 ​ 178 Capitalized financial expenses 134 110 227 Other 425 644 387 OTHER FINANCIAL INCOME 762 914 792 Accretion of asset retirement obligations (449) (607) (639) Other (90) (83) (125) OTHER FINANCIAL EXPENSE (539) (690) (764)
Schedule of other non-current assets and changes in the valuation allowance on loans and advances	​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2021 ​ ​ Valuation ​ (M$) Gross value allowance Net value Loans and advances (a) 2,364 (257) 2,107 Other non-current financial assets related to operational activities ​ 312 ​ – ​ 312 Other 378 – 378 TOTAL 3,054 (257) 2,797 ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2020 ​ ​ Valuation ​ (M$) Gross value allowance Net value Loans and advances (a) 2,731 (273) 2,458 Other non-current financial assets related to operational activities ​ 287 ​ – ​ 287 Other 65 – 65 TOTAL 3,083 (273) 2,810 ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2019 ​ ​ Valuation ​ (M$) Gross value allowance Net value Loans and advances (a) 2,248 (266) 1,982 Other non-current financial assets related to operational activities ​ 332 ​ – ​ 332 Other 101 – 101 TOTAL 2,681 (266) 2,415 (a) Excluding loans to equity affiliates. Changes in the valuation allowance on loans and advances are detailed as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Currency ​ ​ ​ ​ Valuation ​ ​ ​ ​ ​ translation ​ Valuation For the year ended December 31, ​ allowance as of ​ ​ ​ ​ ​ adjustment and ​ allowance as of (M$) January 1, Increases Decreases other variations December 31, 2021 (273) (6) 14 ​ 8 (257) 2020 (266) (30) 15 ​ 8 (273) 2019 (303) (7) 43 ​ 1 (266)

Intangible and tangible assets

Intangible and tangible assets (Tables)	12 Months Ended
	Dec. 31, 2021
Intangible and tangible assets
Schedule of intangible assets	​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2021 ​ Amortization and (M$) Cost impairment Net Goodwill 9,728 (899) 8,829 Proved mineral interests 17,382 (9,730) 7,652 Unproved mineral interests 16,637 (2,831) 13,806 Other intangible assets 7,185 (4,988) 2,197 TOTAL INTANGIBLE ASSETS 50,932 (18,448) 32,484 ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2020 Amortization and (M$) Cost impairment Net Goodwill 9,738 (931) 8,807 Proved mineral interests 16,559 (9,595) 6,964 Unproved mineral interests 20,300 (4,790) 15,510 Other intangible assets 7,212 (4,965) 2,247 TOTAL INTANGIBLE ASSETS 53,809 (20,281) 33,528 ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2019 Amortization and (M$) Cost impairment Net Goodwill 9,357 (1,011) 8,346 Proved mineral interests 15,966 (8,741) 7,225 Unproved mineral interests 20,138 (4,558) 15,580 Other intangible assets 5,743 (3,716) 2,027 TOTAL INTANGIBLE ASSETS 51,204 (18,026) 33,178
Schedule of change in net intangible assets	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Currency ​ ​ ​ ​ ​ ​ Net amount as of ​ ​ ​ ​ ​ Amortization and ​ translation ​ ​ ​ Net amount as of (M$) January 1, Expenditures Disposals impairment adjustment Other December 31, 2021 33,528 696 (271) (1,322) (394) 247 32,484 2020 33,178 784 (277) (1,430) 305 968 33,528 2019 28,922 1,087 (118) (1,359) (95) 4,741 33,178
Summary of changes in carrying amount of goodwill by business segment	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net goodwill as of ​ ​ ​ ​ ​ ​ ​ Net goodwill as of (M$) January 1, 2021 Increases Impairments Other December 31, 2021 Integrated Gas, Renewables & Power 5,247 215 – (219) 5,243 Exploration & Production ​ 2,638 – – (26) 2,612 Refining & Chemicals 534 – – (15) 519 Marketing & Services 357 45 – 24 426 Corporate 31 - – (2) 29 TOTAL 8,807 260 – (238) 8,829
Schedule of property, plant and equipment, including analysis of changes	​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2021 ​ Depreciation and ​ (M$) Cost impairment Net Property, plant and equipment of exploration and production activities ​ ​ ​ Proved properties 212,264 (149,221) 63,043 Unproved properties 1,635 (268) 1,367 Work in progress 18,463 (831) 17,632 Subtotal 232,362 (150,320) 82,042 Other property, plant and equipment ​ ​ ​ Land 3,145 (973) 2,172 Machinery, plant and equipment (including transportation equipment) 38,285 (26,425) 11,860 Buildings 10,558 (6,646) 3,912 Work in progress 3,625 (8) 3,617 Other 10,434 (7,478) 2,956 Subtotal 66,047 (41,530) 24,517 TOTAL PROPERTY, PLANT AND EQUIPMENT 298,409 (191,850) 106,559 ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2020 ​ ​ ​ Depreciation and ​ ​ (M$) Cost impairment Net Property, plant and equipment of exploration and production activities ​ ​ ​ Proved properties 215,892 (147,914) 67,978 Unproved properties 2,978 (268) 2,710 Work in progress 13,873 (861) 13,012 Subtotal 232,743 (149,043) 83,700 Other property, plant and equipment ​ ​ ​ Land 2,999 (905) 2,094 Machinery, plant and equipment (including transportation equipment) 39,506 (27,381) 12,125 Buildings 11,184 (6,858) 4,326 Work in progress 3,063 (1) 3,062 Other 10,983 (7,955) 3,028 Subtotal 67,735 (43,100) 24,635 TOTAL PROPERTY, PLANT AND EQUIPMENT 300,478 (192,143) 108,335 ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2019 ​ ​ ​ Depreciation and ​ ​ (M$) Cost impairment Net Property, plant and equipment of exploration and production activities ​ ​ ​ Proved properties 210,071 (130,134) 79,937 Unproved properties 2,160 (288) 1,872 Work in progress 12,056 (569) 11,487 Subtotal 224,287 (130,991) 93,296 Other property, plant and equipment ​ ​ ​ Land 2,826 (792) 2,034 Machinery, plant and equipment (including transportation equipment) 36,747 (25,548) 11,199 Buildings 10,519 (6,032) 4,487 Work in progress 2,501 (2) 2,499 Other 10,137 (7,244) 2,893 Subtotal 62,730 (39,618) 23,112 TOTAL PROPERTY, PLANT AND EQUIPMENT 287,017 (170,609) 116,408 ​ Change in net property, plant and equipment is analyzed in the following table: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Currency ​ ​ ​ ​ ​ ​ Net amount as of ​ ​ ​ ​ ​ Depreciation and ​ translation ​ ​ ​ Net amount as of (M$) January 1, Expenditures Disposals impairment adjustment Other December 31, 2021 ​ 108,335 ​ 11,647 ​ (705) ​ (13,133) ​ (1,739) ​ 2,154 ​ 106,559 2020 ​ 116,408 ​ 9,980 ​ (611) ​ (21,544) ​ 1,706 ​ 2,396 ​ 108,335 2019 113,324 ​ 11,426 ​ (1,052) ​ (15,097) ​ (270) ​ 8,077 ​ 116,408
Schedule of facilities and equipment under leases	​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2021 ​ ​ ​ Depreciation and ​ ​ (M$) Cost impairment Net Property, plant and equipment of exploration and production activities 3,228 (1,683) ​ 1,545 Other property, plant and equipment ​ ​ ​ ​ Land 1,441 (324) 1,117 Machinery, plant and equipment (including transportation equipment) 4,910 (1,819) 3,091 Buildings 1,853 (561) 1,292 Other 712 (404) 308 Subtotal 8,916 (3,108) 5,808 TOTAL PROPERTY, PLANT AND EQUIPMENT 12,144 (4,791) 7,353 ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2020 ​ ​ ​ Depreciation and ​ ​ (M$) Cost impairment Net Property, plant and equipment of exploration and production activities 2,758 (1,297) 1,461 Other property, plant and equipment ​ ​ ​ ​ Land 1,187 (222) 965 Machinery, plant and equipment (including transportation equipment) 4,606 (1,631) 2,975 Buildings 1,778 (385) 1,393 Other 682 (286) 396 Subtotal 8,253 (2,524) 5,729 TOTAL PROPERTY, PLANT AND EQUIPMENT 11,011 (3,821) 7,190 ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2019 ​ ​ ​ Depreciation and ​ ​ (M$) Cost impairment Net Property, plant and equipment of exploration and production activities 2,482 (517) 1,965 Other property, plant and equipment ​ ​ ​ ​ Land 1,031 (104) 927 Machinery, plant and equipment (including transportation equipment) 3,527 (999) 2,528 Buildings 1,545 (201) 1,344 Other 483 (134) 349 Subtotal 6,586 (1,438) 5,148 TOTAL PROPERTY, PLANT AND EQUIPMENT 9,068 (1,955) 7,113

Equity affiliates, other inve_2

Equity affiliates, other investments and related party (Tables)	12 Months Ended
	Dec. 31, 2021
Equity affiliates, other investments and related parties
Schedule of equity affiliates in facing financials	​ ​ ​ ​ ​ ​ ​ ​ Equity value ​ ​ ​ ​ ​ ​ As of December 31, ​ ​ ​ ​ ​ ​ (M$) 2021 2020 2019 Total Associates 17,244 15,745 17,026 Total Joint ventures 9,277 7,102 6,097 Total 26,521 22,847 23,123 Loans 4,532 5,129 3,999 TOTAL 31,053 27,976 27,122 ​ ​ ​ ​ ​ ​ ​ ​ Profit/(loss) ​ ​ ​ (M$) 2021 2020 2019 Total Associates 1,186 753 2,534 Total Joint ventures 2,252 (301) 872 TOTAL 3,438 452 3,406 ​ ​ ​ ​ ​ ​ ​ ​ Other comprehensive income ​ ​ ​ (M$) 2021 2020 2019 Total Associates 734 (1,704) 592 Total Joint ventures (28) (127) (184) TOTAL 706 (1,831) 408 ​
Schedule of information related to associates	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Exploration & production activites ​ Novatek (a) ​ Liquefaction entities ​ PetroCedeño (a) (M$) 2021 2020 2019 2021 2020 2019 2020 2019 ​ Non current assets 26,954 23,748 24,081 39,348 34,273 30,578 4,008 3,994 ​ Current assets 8,208 4,170 6,898 11,075 7,537 9,994 6,428 7,457 ​ TOTAL ASSETS 35,162 27,918 30,979 50,423 41,810 40,572 10,436 11,451 ​ Shareholder’s equity 25,944 22,160 24,884 23,867 23,403 23,640 4,548 4,548 ​ Non current liabilities 3,246 3,164 3,727 19,659 13,608 11,445 73 76 ​ Current liabilities 5,972 2,594 2,368 6,897 4,799 5,487 5,815 6,827 ​ TOTAL LIABILITIES 35,162 27,918 30,979 50,423 41,810 40,572 10,436 11,451 ​ Revenue from sales 15,876 9,733 13,227 23,243 15,584 22,684 66 356 ​ Net income 5,871 1,759 8,260 8,056 2,416 5,692 – (33) ​ Other comprehensive income (82) (3,206) 1,807 – – – ​ – – ​ % owned 19.40 % 19.40 % 19.40 % ​ ​ ​ 30.32 % 30.32 % Equity value 6,243 5,596 6,469 5,582 5,534 5,493 1,379 1,379 ​ Including goodwill and identifiable assets ​ 1,210 ​ 1,297 ​ 1,641 ​ 1,832 ​ 1,837 ​ 1,714 ​ – ​ – ​ Profit/(loss) 1,065 264 1,508 1,024 237 637 – (10) ​ Share of Other Comprehensive Income, net amount 446 (1,409) 634 85 (122) 23 – – ​ Dividends paid to TotalEnergies 387 229 266 817 406 752 – – ​ (a) Information includes the best Company’s estimates of results at the date of TotalEnergies’ financial statements. ​ ​ ​ ​ ​ ​ ​ Adani Green Renewables and Electricity activities Energy Limited (b) ​ (M$) 2021 ​ Non current assets 6,223 ​ Current assets 1,042 ​ TOTAL ASSETS 7,265 ​ ​ ​ ​ ​ Shareholder’s equity 316 ​ Non current liabilities 5,560 ​ Current liabilities 1,389 ​ TOTAL LIABILITIES 7,265 ​ ​ ​ ​ ​ Revenue from sales 545 ​ Net income 35 ​ Other comprehensive income (10) ​ ​ ​ ​ ​ % owned 20.00 % Equity value 2,102 ​ including goodwill and identifiable assets 2,039 ​ Profit/(loss) 7 ​ Share of Other Comprehensive Income, net amount 6 ​ Dividends paid to TotalEnergies – ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Saudi Aramco Total ​ ​ ​ ​ ​ ​ Refining & Chemicals activities ​ Refining & Petrochemicals ​ Qatar (M$) 2021 2020 2019 2021 2020 2019 Non current assets ​ 10,264 10,698 10,976 3,909 4,105 4,160 Current assets 2,221 1,211 1,793 1,908 1,521 1,571 TOTAL ASSETS 12,485 11,909 12,769 5,817 5,626 5,731 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Shareholder’s equity 1,164 1,256 2,113 2,693 2,717 2,676 Non current liabilities 7,322 7,994 8,098 1,906 2,171 2,150 Current liabilities 3,999 2,659 2,558 1,218 738 905 TOTAL LIABILITIES 12,485 11,909 12,769 5,817 5,626 5,731 Revenue from sales 11,123 6,031 10,522 9,266 5,222 8,225 Net income (245) (686) (171) 649 91 42 Other comprehensive income 155 (171) (124) (5) – 111 % owned 37.50 % 37.50 % 37.50 % ​ ​ ​ ​ ​ Equity value 437 471 792 693 716 706 including goodwill and identifiable assets ​ – ​ – ​ – ​ – ​ – ​ – Profit/(loss) (92) (257) (64) 174 57 91 Share of Other Comprehensive Income, net amount 116 (128) (33) 13 (16) 14 Dividends paid to TotalEnergies – – – 199 63 159
Schedule of information related to joint ventures	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Liquefaction entities ​ Hanwha Total Petrochemicals ​ ​ ​ (Integrated Gas, Renewables & Power) ​ (Refining & Chemicals) ​ (M$) 2021 2020 2019 2021 2020 2019 ​ Non current assets ​ 66,924 70,425 70,279 4,443 ​ 4,664 ​ 4,310 ​ Current assets excluding cash and cash equivalents 2,912 1,513 1,866 ​ 2,117 1,575 1,842 ​ Cash and cash equivalents 2,312 1,834 1,678 151 303 322 ​ TOTAL ASSETS 72,148 73,772 73,823 6,711 6,542 6,474 ​ Shareholder’s equity 9,956 4,433 7,151 3,538 3,443 3,319 ​ Other non current liabilities 8,205 8,259 6,864 164 167 150 ​ Non current financial debts 50,920 58,128 56,379 1,241 1,703 1,761 ​ Other current liabilities 3,067 2,952 3,429 1,055 583 756 ​ Current financial debts – – – 713 646 488 ​ TOTAL LIABILITIES 72,148 73,772 73,823 6,711 6,542 6,474 ​ Revenue from sales 14,380 8,543 9,240 8,600 5,734 8,437 ​ Depreciation and depletion of tangible assets and mineral interests (3,058) (3,130) (3,040) (312) (278) (256) ​ Interest income – 2 5 – – – ​ Interest expense (2,599) (2,972) (2,993) (44) (2) (14) ​ Income taxes (1,448) 77 (270) (222) (69) (124) ​ Net income 5,600 (2,399) 383 620 133 302 ​ Other comprehensive income 323 (323) (429) (308) 194 (116) ​ % owned ​ ​ ​ ​ ​ ​ 50.00 % 50.00 % 50.00 % Equity value 2,725 1,602 2,318 1,769 1,721 1,660 ​ including goodwill and identifiable assets 502 546 660 – – – ​ Profit/(loss) 1,119 (633) (19) 310 67 150 ​ Share of Other Comprehensive Income, net amount 84 (84) (112) (150) 87 (68) ​ Dividends paid to TotalEnergies 81 – – 109 102 200 ​
Schedule of main aggregated financial items in equity consolidated affiliates not presented individually	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2021 ​ 2020 ​ 2019 As of December 31, ​ ​ ​ Joint ​ ​ ​ Joint ​ ​ ​ Joint (M$) Associates ventures Associates ventures Associates ventures Non Current assets ​ 5,987 ​ 9,745 ​ 5,454 ​ 7,002 ​ 5,435 ​ 4,287 Current assets 1,849 1,799 1,299 1,671 1,357 1,276 TOTAL ASSETS 7,836 11,544 6,753 8,673 6,792 5,563 Shareholder’s equity 1,366 2,531 1,183 1,963 1,405 1,437 Non current liabilities 5,455 7,460 4,881 5,469 4,412 3,091 Current liabilities 1,015 1,553 689 1,241 975 1,035 TOTAL LIABILITIES 7,836 11,544 6,753 8,673 6,792 5,563 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2021 ​ 2020 ​ 2019 For the year ended December 31, ​ ​ ​ Joint ​ ​ ​ Joint ​ ​ ​ Joint (M$) Associates ventures Associates ventures Associates ventures Revenues from sales ​ 2,450 ​ 4,850 2,154 ​ 3,116 2,190 ​ 3,535 NET INCOME 514 381 478 202 383 288 Share of other comprehensive income items 68 38 (29) (130) (46) (4) Equity value 2,188 4,782 2,049 3,779 2,187 2,119 Profit/(Loss) ​ (992) ​ 823 ​ 452 ​ 265 ​ 372 ​ 741 Dividends paid to TotalEnergies 498 96 409 59 362 50 ​
Schedule of other investments	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of ​ ​ As of As of December 31, 2021 ​ January 1, ​ Increase - ​ Change in ​ December 31, (M$) ​ 2021 ​ Decrease ​ fair value ​ 2021 Enphase Energy Inc ​ 613 ​ (177) ​ 21 ​ 457 Tellurian Investments Inc. ​ 57 ​ (111) ​ 54 ​ – Other shares through fair value OCI (unit value < $50M) 113 12 (9) 116 Equity instruments recorded through fair value OCI 783 (276) 66 573 BBPP 58 (58) – – BTC Limited 27 – (13) 14 Other shares through fair value P&L (unit value < $50M) 1,139 (106) 5 1,038 Equity instruments recorded through fair value P&L 1,224 (164) (8) 1,052 TOTAL EQUITY INSTRUMENTS 2,007 (440) 58 1,625 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of ​ ​ ​ ​ ​ As of As of December 31, 2020 January 1, Increase - Change in December 31, (M$) ​ 2020 Decrease fair value ​ 2020 Enphase Energy Inc 173 ​ (251) ​ 691 ​ 613 Tellurian Investments Inc. 207 ​ (1) ​ (149) ​ 57 Other shares through fair value OCI (unit value < $50M) 126 (4) (9) 113 Equity instruments recorded through fair value OCI 506 (256) 533 783 BBPP 62 (4) – 58 BTC Limited ​ 28 – (1) 27 Tas Helat Marketing Company (a) ​ 108 (108) – – Other shares through fair value P&L (unit value < $50M) ​ 1,074 84 (19) 1,139 Equity instruments recorded through fair value P&L 1,272 (28) (20) 1,224 TOTAL EQUITY INSTRUMENTS 1,778 (284) 513 2,007 (a) Tas Helat Marketing Company is a joint venture with SAUDI ARAMCO to develop the retail business. It was consolidated in 2020 (using the equity method). ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of ​ ​ ​ ​ ​ As of As of December 31, 2019 ​ January 1, Increase - Change in December 31, (M$) 2019 Decrease fair value ​ 2019 Enphase Energy Inc 36 ​ (5) ​ 142 ​ 173 Tellurian Investments Inc. 207 ​ – ​ – ​ 207 Other shares through fair value OCI (unit value < $50M) 119 7 – 126 Equity instruments recorded through fair value OCI 362 2 142 506 BBPP 62 – – 62 BTC Limited 50 – (22) 28 Tas Helat Marketing Company (a) ​ – 108 – 108 Total Lubrificantes do Brasil (b) ​ 111 (111) – – Other shares through fair value P&L (unit value < $50M) ​ 836 238 – 1,074 Equity instruments recorded through fair value P&L 1,059 235 (22) 1,272 TOTAL EQUITY INSTRUMENTS 1,421 237 120 1,778 (a) Tas Helat Marketing Company is a joint venture with SAUDI ARAMCO to develop the retail business. It will be consolidated in 2020 (using the equity method). (b) Total Lubrificantes do Brasil was consolidated in 2019. ​
Schedule of main transactions and receivable and payable balances with related parties	​ ​ ​ ​ ​ ​ ​ ​ As of December 31, ​ ​ ​ (M$) ​ 2021 ​ 2020 ​ 2019 Balance sheet ​ ​ ​ Receivables ​ ​ ​ Debtors and other debtors 809 545 486 Loans (excl. loans to equity affiliates) 113 89 42 Payables ​ ​ ​ Creditors and other creditors 1,347 662 968 Debts 2 3 2 ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, ​ ​ ​ ​ ​ ​ (M$) 2021 2020 2019 Statement of income ​ ​ ​ Sales 4,250 3,134 4,127 Purchases (13,473) (7,183) (10,158) Financial income – 1 4 Financial expense (8) (6) (4) ​
Schedule of affiliates direct and indirect compensation	Restating the 2019 data to the scope of TotalEnergies’ Executive Officers as defined in 2020, the detail of the compensation is as follows: ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, ​ ​ (M$) 2021 2020 2019 Number of people 11 11 10 Direct or indirect compensation 11.9 12.6 12.0 Pension expenses 1.4 1.5 (2.4) Share-based payments expense (IFRS2) 4.9 7.2 7.7
Previously stated
Equity affiliates, other investments and related parties
Schedule of affiliates direct and indirect compensation	​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, ​ ​ ​ (M$) 2021 2020 2019 Number of people 11 11 15 Direct or indirect compensation 11.9 12.6 15.0 Pension expenses (a) 1.4 1.5 (4.9) Share-based payments expense (IFRS 2) (b) 4.9 7.2 8.7 ​ (a) The benefits provided for Executive Officers of TotalEnergies and the members of the Board of Directors, who are employees of TotalEnergies, include severance to be paid upon retirement, supplementary pension schemes and insurance plans, which represent a commitment of $90.7 million as of December 31, 2021 (against $129.0 million as of December 31, 2020 and $113.3 million as of December 31, 2019). Converted into Euros, this commitment amounts to €80.1 million as of December 31, 2021 (against €105.2 million as of December 31, 2020 and €100.8 million as of December 31, 2019). (b) Share-based payments expense computed for the Executive Officers and the members of the Board of Directors who are employees of TotalEnergies and based on the principles of IFRS 2 “Share-based payments” described in Note 9.

Shareholders' equity and shar_2

Shareholders' equity and share-based payments (Tables)	12 Months Ended
	Dec. 31, 2021
Shareholders' equity and share-based payments
Summary of share cancellation	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Percentage ​ ​ ​ ​ Number of shares ​ Buybacks for the purpose of of the share ​ ​ ​ Board of Directors’ ​ bought back and ​ cancellation of the ​ the shareholder capital ​ Fiscal year decision date cancelled dilution (a) return policy cancelled (b) 2021 ​ February 8, 2021 23,284,409 shares bought back between October 31, 2019 and March 9, 2020 n/a 23,284,409 shares 0.88 % 2019 ​ December 11, 2019 65,109,435 shares bought back between October 29, 2018 and September 9, 2019 34,860,133 shares issued as payment for the 1 st nd rd 30,249,302 shares 2.44 % (a) Cancellation of the dilution for the shares issued, without discount, for the scrip dividend. (b) Percentage of the share capital that the cancelled shares represented on the operations’ date.
Schedule of variation of the number of shares composing the shares capital	​ ​ ​ ​ ​ ​ AS OF DECEMBER 31, 2018 (a) ​ 2,640,602,007 ​ ​ 2019 Capital increase reserved for employees ​ 10,047,337 ​ Capital increase as payment of the scrip dividend (second and third 2018 interim dividend) 16,076,936 ​ Exercise of TotalEnergies share subscription options ​ 264,230 ​ Capital reduction by cancellation of treasury shares (65,109,435) AS OF DECEMBER 31, 2019 (b) 2,601,881,075 ​ Deferred contribution pursuant to the 2015 capital increase reserved for employees 18,879 ​ ​ 2020 Capital increase reserved for employees ​ 13,160,383 ​ ​ Capital increase as payment of the scrip dividend (final 2019 dividend) ​ 38,063,688 AS OF DECEMBER 31, 2020 (c) 2,653,124,025 ​ Capital reduction by cancellation of treasury shares (23,284,409) ​ ​ 2021 Capital increase reserved for employees ​ 10,589,713 AS OF DECEMBER 31, 2021 (d) 2,640,429,329 (a) Including 32,473,281 treasury shares deducted from consolidated shareholders’ equity. (b) Including 15,474,234 treasury shares deducted from consolidated shareholders’ equity. (c) Including 24,392,703 treasury shares deducted from consolidated shareholders’ equity. (d) Including 33,841,104 treasury shares deducted from consolidated shareholders’ equity.
Schedule of ESOP completed by the company	​ ​ ​ ​ ​ ​ ​ ​ Fiscal year 2021 2020 2019 Date of the ESOP ​ June 9, 2021 ​ June 11, 2020 ​ June 6, 2019 By virtue of ​ 20 th ​ 18 th ​ 18 th Subscriptions ​ ​ ​ ​ ​ Number of shares subscribed ​ 10,376,190 ​ 12,952,925 ​ 9,845,111 Subscription price ​ 30.50 euros ​ 26.20 euros ​ 40.10 euros Free shares ​ ​ ​ ​ ​ Number of shares granted ​ 213,523 ​ 207,458 ​ 202,226 By virtue of ​ ​ ​ 19 th ​ 19 th Deferred contribution ​ ​ ​ ​ ​ Number of shares granted ​ – ​ 1,380 ​ 5,932 Number of beneficiaries ​ – ​ 276 ​ 1,187 End of the acquisition period ​ – ​ June 11, 2025 ​ June 6, 2024
Schedule of Total shares held by TotalEnergies SE	​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2021 2020 2019 Number of treasury shares held by TotalEnergies SE 33,841,104 24,392,703 15,474,234 Percentage of share capital 1.28 % 0.92 % 0.59 % Of which shares acquired with the intention to cancel them ​ 30,665,526 ​ 23,284,409 ​ 11,051,144 ​ Of which shares allocated to TotalEnergies share performance plans 3,103,018 ​ 1,055,446 4,357,324 Of which shares intended to be allocated to new share performance or purchase options plans 72,560 52,848 65,766 ​
Schedule of weighted-average shares and diluted shares used to calculate earnings per share and fully-diluted earnings per share	​ ​ ​ ​ ​ ​ ​ ​ ​ 2021 2020 2019 Number of shares as of January 1, 2,653,124,025 ​ 2,601,881,075 ​ 2,640,602,007 TotalEnergies shares held by TotalEnergies SE or by its subsidiaries and deducted from shareholders' equity ​ (24,392,703) ​ (15,474,234) ​ (32,473,281) Evolution of the number of shares during the financial year (pro-rated) ​ ​ ​ Exercise of TotalEnergies share subscription options – – 157,153 Final grant of TotalEnergies performance shares 3,810,430 2,154,064 2,140,576 Capital increase reserved for employees (a) 6,177,333 7,689,476 5,860,947 Capital increase as payment of the scrip dividend ​ – ​ 17,445,857 ​ 12,360,894 Buyback of TotalEnergies treasury shares including: (7,296,460) (11,669,489) (27,026,481) Shares repurchased during the fiscal year to cancel the dilution caused by the scrip dividend payment and within the framework of the share buyback program ​ (3,762,794) ​ (10,666,710) ​ (24,818,443) Shares repurchased during the fiscal year to cover for the performance share plans ​ (3,533,666) ​ (1,002,779) ​ (2,208,038) WEIGHTED-AVERAGE NUMBER OF SHARES 2,631,422,625 2,602,026,749 2,601,621,815 Dilutive effect ​ ​ ​ Grant of TotalEnergies share subscription or purchase options – – 33,636 Grant of TotalEnergies performance shares 14,492,673 – 14,593,030 Capital increase reserved for employees (a) 1,552,947 – 1,759,407 WEIGHTED-AVERAGE NUMBER OF DILUTED SHARES AS OF DECEMBER 31, (b) 2,647,468,245 2,602,026,749 2,618,007,888 (a) Including the capital increase in consideration to the deferred contribution pursuant to the capital increase reserved for employees. (b) In 2020, the effect generated by the grant of TotalEnergies performance shares and by the capital increase reserved for employees (19,007,836 shares) is anti-dilutive. In accordance with IAS 33, the weighted-average number of diluted shares is therefore equal to the weighted-average number of shares.
Summary of dividends	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2021 Dividend ​ First interim ​ Second interim ​ Third interim ​ Final Amount ​ ​ €0.66 ​ ​ €0.66 ​ ​ €0.66 ​ ​ €0.66 Set date ​ April 28, 2021 ​ July 28, 2021 ​ October 27, 2021 ​ May 25, 2022 Ex-dividend date ​ September 21, 2021 ​ January 3, 2022 ​ March 22, 2022 ​ June 21, 2022 Payment date ​ October 1, 2021 ​ January 13, 2022 ​ April 1, 2022 ​ July 1, 2022 ​
Detail of other comprehensive income	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, ​ ​ ​ ​ ​ ​ ​ ​ ​ (M$) 2021 2020 2019 Actuarial gains and losses ​ 1,035 ​ (212) ​ (192) Change in fair value of investments in equity instruments ​ ​ ​ 66 ​ ​ ​ 533 ​ ​ ​ 142 Tax effect (411) 65 53 Currency translation adjustment generated by the parent company (7,202) 7,541 (1,533) Sub-total items not potentially reclassifiable to profit & loss (6,512) 7,927 (1,530) Currency translation adjustment 4,216 (4,645) 740 – Unrealized gain/(loss) of the period ​ 4,380 ​ (4,607) ​ 800 – Less gain/(loss) included in net income ​ 164 ​ 38 ​ 60 Cash flow hedge ​ 278 (313) (599) – Unrealized gain/(loss) of the period ​ 109 ​ (175) ​ (552) – Less gain/(loss) included in net income ​ (169) ​ 138 ​ 47 Variation of foreign currency basis spread ​ ​ ​ 2 ​ ​ ​ 28 ​ ​ ​ 1 – Unrealized gain/(loss) of the period ​ ​ ​ (47) ​ ​ ​ (22) ​ ​ ​ (57) – Less gain/(loss) included in net income ​ ​ ​ (49) ​ ​ ​ (50) ​ ​ ​ (58) Share of other comprehensive income of equity affiliates, net amount ​ 706 ​ (1,831) 408 – Unrealized gain/(loss) of the period ​ 626 ​ (1,841) ​ 421 – Less gain/(loss) included in net income ​ (80) ​ (10) ​ 13 Other ​ (1) ​ (8) (3) Tax effect ​ (135) 72 202 Sub-total items potentially reclassifiable to profit & loss ​ 5,066 (6,697) 749 TOTAL OTHER COMPREHENSIVE INCOME, NET AMOUNT (1,446) 1,230 (781) ​ The currency translation adjustment by currency is detailed in the following table: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2021 ​ ​ ​ ​ ​ Pound ​ ​ ​ Other (M$) Total Euro sterling Ruble currencies Currency translation adjustment generated by the parent company (7,202) (7,202) – – – Currency translation adjustment 4,216 4,654 (180) (1) (257) Currency translation adjustment of equity affiliates 536 730 4 (27) (171) TOTAL CURRENCY TRANSLATION ADJUSTMENT RECOGNIZED IN COMPREHENSIVE INCOME (2,450) (1,818) (176) (28) (428) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2020 ​ ​ Pound ​ Other (M$) Total Euro sterling Ruble currencies Currency translation adjustment generated by the parent company 7,541 7,541 – – – Currency translation adjustment (4,645) (4,668) 115 (12) (80) Currency translation adjustment of equity affiliates (1,657) (851) (11) (886) 91 TOTAL CURRENCY TRANSLATION ADJUSTMENT RECOGNIZED IN COMPREHENSIVE INCOME 1,239 2,022 104 (898) 11 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2019 ​ ​ Pound ​ Other (M$) Total Euro sterling Ruble currencies Currency translation adjustment generated by the parent company (1,533) (1,533) – – – Currency translation adjustment 740 636 138 7 (41) Currency translation adjustment of equity affiliates 607 149 (7) 530 (65) TOTAL CURRENCY TRANSLATION ADJUSTMENT RECOGNIZED IN COMPREHENSIVE INCOME (186) (748) 131 537 (106) ​ Tax effects relating to each component of other comprehensive income are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2021 2020 ​ 2019 For the year ended December 31, Pre-tax Tax Net Pre-tax Tax Net Pre-tax Tax Net (M$) ​ amount effect amount ​ amount effect amount ​ amount effect amount Actuarial gains and losses ​ 1,035 (372) 663 ​ (212) 47 (165) ​ (192) 55 (137) Change in fair value of investments in equity instruments ​ 66 ​ (39) ​ 27 ​ 533 ​ 18 ​ 551 ​ 142 ​ (2) ​ 140 Currency translation adjustment generated by the parent company ​ (7,202) – (7,202) ​ 7,541 – 7,541 ​ (1,533) – (1,533) Sub-total items not potentially reclassifiable to profit & loss ​ (6,101) (411) (6,512) ​ 7,862 65 7,927 ​ (1,583) 53 (1,530) Currency translation adjustment ​ 4,216 – 4,216 ​ (4,645) – (4,645) ​ 740 – 740 Cash flow hedge ​ 278 (130) 148 ​ (313) 79 (234) ​ (599) 202 (397) Variation of foreign currency basis spread ​ 2 ​ (5) ​ (3) ​ 28 ​ (7) ​ 21 ​ 1 ​ – ​ 1 Share of other comprehensive income of equity affiliates, net amount ​ 706 – 706 ​ (1,831) – (1,831) ​ 408 – 408 Other ​ (1) – (1) ​ (8) – (8) ​ (3) – (3) Sub-total items potentially reclassifiable to profit & loss ​ 5,201 (135) 5,066 ​ (6,769) 72 (6,697) ​ 547 202 749 TOTAL OTHER COMPREHENSIVE INCOME ​ (900) (546) (1,446) ​ 1,093 137 1,230 ​ (1,036) 255 (781) ​
Schedule of share-based payment expense	​ ​ ​ ​ ​ ​ ​ ​ As of December 31, ​ ​ ​ (M$) ​ 2021 ​ 2020 ​ 2019 TotalEnergies performance shares plans 129 176 180 SunPower plans 25 26 26 Capital increase reserved for employees 14 12 27 TOTAL 168 214 233
TotalEnergies share subscription or purchase option plans
Shareholders' equity and share-based payments
Summary of share subscription or purchase option plans	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted ​ ​ ​ ​ ​ ​ ​ average ​ ​ ​ 2011 Plan ​ Total ​ exercise price ​ Date of the Shareholders’ Meeting 5/21/2010 ​ Award date (a) 9/14/2011 ​ Strike price 33.00 € ​ Expiry date 9/14/2019 ​ Number of options ​ Existing options as of January 1, 2019 265,230 265,230 33.00 € Granted – – – ​ Cancelled (b) (1,000) (1,000) 33.00 € Exercised (264,230) (264,230) 33.00 € Existing options as of January 1, 2020 – – n/a ​ Granted – – n/a ​ Cancelled – – n/a ​ Exercised – – n/a ​ Existing options as of January 1, 2021 – – n/a ​ Granted – – n/a ​ Cancelled – – n/a ​ Exercised – – n/a ​ Existing options as of December 31, 2021 – – n/a ​ (a) The grant date is the date of the Board meeting awarding the share subscription or purchase options. (b) Options that were not exercised on September 14, 2019 due to the expiry of 2011 Plan.
TotalEnergies performance share plans
Shareholders' equity and share-based payments
Summary of performance share plans and restricted stock activities	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2016 2017 2018 2019 2020 2021 Total Date of the Shareholders’ Meeting 5/24/2016 5/24/2016 5/24/2016 6/1/2018 6/1/2018 6/1/2018 Award date 7/27/2016 7/26/2017 3/14/2018 3/13/2019 3/18/2020 5/28/2021 Date of the final award (end of the vesting period) 7/28/2019 7/27/2020 3/15/2021 3/14/2022 3/20/2023 5/29/2024 Transfer authorized as from 7/29/2021 7/28/2022 3/16/2023 3/15/2024 3/21/2025 5/30/2026 Grant date IFRS 2 fair value ​ 35.37 € 35.57 € 36.22 € 40.11 € 12.40 € 27.40 € Number of performance shares ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Outstanding as of January 1, 2019 ​ 5,543,220 ​ 5,650,919 ​ 6,070,795 ​ – ​ – – 17,264,934 Notified ​ – ​ – ​ – ​ 6,447,069 ​ – – 6,447,069 Cancelled ​ (1,267,392) ​ (41,220) ​ (41,260) ​ (39,246) ​ – – (1,389,118) Finally granted ​ (4,275,828) ​ (1,840) ​ (1,100) ​ (180) ​ – – (4,278,948) Outstanding as of January 1, 2020 ​ – ​ 5,607,859 ​ 6,028,435 ​ 6,407,643 ​ – – 18,043,937 Notified ​ – ​ – ​ – ​ – ​ 6,727,352 – 6,727,352 Cancelled ​ – ​ (1,313,687) ​ (55,830) ​ (44,289) ​ (18,691) – (1,432,497) Finally granted ​ – ​ (4,294,172) ​ (10,740) ​ (10,890) ​ (1,773) – (4,317,575) Outstanding as of January 1, 2021 ​ – ​ – ​ 5,961,865 ​ 6,352,464 ​ 6,706,888 – 19,021,217 Notified ​ – ​ – ​ – ​ – ​ – 6,764,548 6,764,548 Cancelled ​ – ​ – ​ (1,395,555) ​ (58,578) ​ (52,301) (31,118) (1,537,552) Finally granted ​ – ​ – ​ (4,566,310) ​ (4,810) ​ (1,385) (690) (4,573,195) OUTSTANDING AS OF DECEMBER 31, 2021 ​ – ​ – ​ – ​ 6,289,076 ​ 6,653,202 6,732,740 19,675,018 ​
SunPower plans
Shareholders' equity and share-based payments
Summary of performance share plans and restricted stock activities	​ ​ ​ ​ ​ ​ ​ ​ Restricted Stock Awards and Units ​ ​ Weighted-Average Grant Date ​ ​ ​ ​ Fair Value Per Share ​ ​ Shares (in thousands) ​ (in dollars) (a) Outstanding as of January 1, 2019 7,660 9.11 Granted 5,430 6.82 Vested (b) (2,460) 9.65 Forfeited (1,304) 8.28 Outstanding as of January 1, 2020 9,326 7.75 Granted 12,797 11.10 Vested (b) (3,596) 9.88 Forfeited (11,360) 7.07 Outstanding as of January 1, 2021 7,167 13.75 Granted 1,932 30.47 Vested (b) (2,905) 14.67 Forfeited (1,325) 15.72 OUTSTANDING AS OF DECEMBER 31, 2021 4,869 19.30 (a) SunPower estimates the fair value of the restricted stock unit awards as the stock price on the grant date. (b) Restricted stock awards and units vested include shares withheld on behalf of employees to satisfy the minimum statutory tax withholding requirements.
Capital increase reserved for employees
Shareholders' equity and share-based payments
Schedule of assumptions used for valuation of the cost	The main assumptions used for the valuation of the cost of the capital increase reserved for employees in 2021 were the following: ​ ​ ​ ​ For the year ended December 31, 2021 Date of the Board of Directors meeting that decided the issue September 16, 2020 Reference price (€) (a) 38.08 Subscription price (€) (b) 30.50 Number of shares issued (in millions) (c) 10.59 Risk free interest rate over five years (%) (0.450) Employees loan financing rate (%) (d) 4.44 Non transferability cost (% of the reference's share price) 19.31 (a) Average of the closing prices of the TotalEnergies shares over the twenty trading sessions preceding April 28, 2021, being the date of the Chairman and CEO’s decision setting the opening date of the subscription period and the subscription price. (b) Reference price, reduced by a 20% discount and rounded off to the highest tenth of a euro. (c) Including the free shares issued. (d) Average of 5 year consumer’s credit rates.

Payroll, staff and employee b_2

Payroll, staff and employee benefits obligations (Tables)	12 Months Ended
	Dec. 31, 2021
Payroll, staff and employee benefits obligations
Schedule of liabilities for employee benefits obligations	​ ​ ​ ​ ​ ​ ​ ​ As of December 31, ​ ​ ​ (M$) ​ 2021 ​ 2020 ​ 2019 Pension benefits liabilities 1,966 3,111 2,651 Other benefits liabilities 633 700 742 Restructuring reserves (early retirement plans) 73 106 108 TOTAL 2,672 3,917 3,501 Net liabilities relating to assets held for sale (1) 1 –
Schedule of fair value of the defined benefit obligation and plan assets	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, ​ Pension benefits ​ Other benefits (M$) 2021 2020 2019 2021 2020 2019 Change in benefit obligation ​ ​ ​ ​ ​ ​ Benefit obligation at beginning of year 13,591 12,285 11,501 700 742 669 Current service cost 247 244 214 17 19 13 Interest cost 164 217 295 8 11 17 Past service cost (197) – 4 (1) – – Settlements 3 (10) (20) – (3) (9) Plan participants' contributions 17 10 7 – – – Benefits paid (704) (702) (667) (34) (27) (26) Actuarial losses / (gains) (734) 818 847 (11) (89) 87 Foreign currency translation and other (610) 729 104 (46) 47 (9) Benefit obligation at year-end 11,777 13,591 12,285 633 700 742 Of which plans entirely or partially funded 11,143 12,830 11,584 – – – Of which plans not funded 634 761 701 633 700 742 Change in fair value of plan assets ​ ​ ​ ​ ​ ​ Fair value of plan assets at beginning of year (10,580) (9,769) (9,145) – – – Interest income (146) (191) (255) – – – Actuarial losses / (gains) (290) (517) (745) – – – Settlements – 2 11 – – – Plan participants’ contributions (17) (10) (7) – – – Employer contributions (303) (229) (172) – – – Benefits paid 635 622 573 – – – Foreign currency translation and other 470 (488) (29) – – – Fair value of plan assets at year-end (10,231) (10,580) (9,769) – – – UNFUNDED STATUS 1,546 3,011 2,516 633 700 742 Asset ceiling 41 36 34 – – – NET RECOGNIZED AMOUNT 1,587 3,047 2,550 633 700 742 Pension benefits and other benefits liabilities 1,966 3,111 2,651 633 700 742 Other non-current assets (378) (65) (101) – – – Net benefit liabilities relating to assets held for sale (1) 1 – – – –
Schedule of benefit amounts recognized, estimated future payments and actuarial assumptions	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, ​ Pension benefits ​ Other benefits (M$) 2021 2020 2019 2021 2020 2019 Current service cost ​ 247 ​ 244 ​ 214 ​ 17 ​ 19 ​ 13 Past service cost (197) – 4 (1) – – Settlements 3 (7) (10) – (3) (9) Net interest cost 18 25 39 8 11 17 Benefit amounts recognized on Profit & Loss 71 262 247 24 27 21 - Actuarial (Gains) / Losses ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ * Effect of changes in demographic assumptions (71) (12) (166) (8) (3) (2) * Effect of changes in financial assumptions (450) 773 1,071 2 (1) 89 * Effect of experience adjustments (214) 57 (59) (5) (85) – * Actual return on plan assets (294) (517) (745) – – – - Effect of asset ceiling 5 – 3 – – – Benefit amounts recognized on Equity (1,024) 301 104 (11) (89) 87 TOTAL BENEFIT AMOUNTS RECOGNIZED ON COMPREHENSIVE INCOME (953) 563 351 13 (62) 108 ​ ​ ​ ​ ​ ​ Estimated future payments ​ ​ ​ ​ (M$) Pension benefits Other benefits 2022 649 27 2023 413 26 2024 395 24 2025 387 24 2026 419 25 2027-2031 2,389 122 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Assumptions used to determine benefits obligations: ​ Pension benefits ​ Other benefits ​ As of December 31, 2021 2020 2019 2021 2020 2019 ​ Discount rate (weighted average for all regions) 1.82% ​ 1.28% ​ 1.84% ​ 1.83% ​ 1.41% ​ 1.71% ​ Of which Euro zone 0.99% ​ 0.52% ​ 0.73% ​ 1.05% ​ 0.68% ​ 0.94% ​ Of which United States 3.00% ​ 2.50% ​ 3.25% ​ 3.00% ​ 2.50% ​ 3.25% ​ Of which United Kingdom 2.00% ​ 1.50% ​ 2.25% ​ – ​ – ​ – Inflation rate (weighted average for all regions) 2.41% ​ 2.06% ​ 2.20% ​ – ​ – ​ – Of which Euro zone 1.71% ​ 1.24% ​ 1.21% ​ – ​ – ​ – Of which United States 2.50% ​ 2.50% ​ 2.50% ​ – ​ – ​ – Of which United Kingdom 3.25% ​ 3.00% ​ 3.25% ​ – ​ – ​ –
Schedule of asset allocation	​ ​ ​ ​ ​ ​ ​ ​ ​ Asset allocation ​ Pension benefits as of December 31, 2021 2020 2019 ​ Equity securities 39% ​ 25% ​ 25% ​ Debt securities 35% ​ 45% ​ 46% ​ Monetary 1% ​ 2% ​ 1% ​ Annuity contracts 17% ​ 20% ​ 20% ​ Real estate 8% ​ 8% ​ 8% ​
Schedule of sensitivity analysis impact on benefit obligation	A 0.5% increase or decrease in discount rates – all other things being equal - would have the following approximate impact on the benefit obligation: ​ ​ ​ ​ ​ (M$) 0.5% Increase 0.5% Decrease Benefit obligation as of December 31, 2021 (800) 866 ​ A 0.5% increase or decrease in inflation rates – all other things being equal - would have the following approximate impact on the benefit obligation: ​ ​ ​ ​ ​ ​ (M$) 0.5% Increase 0.5% Decrease Benefit obligation as of December 31, 2021 475 (567)
Schedule of personnel expenses and Group employees	​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, 2021 2020 2019 Personnel expenses ​ ​ Wages and salaries (including social charges) 9,207 8,908 8,922 TotalEnergies employees at December 31, ​ ​ ​ France (DROM COM includ.) ​ ​ ​ ● Management 13,903 14,016 13,848 ● Other 21,232 21,886 22,831 International ​ ​ ​ ● Management 17,346 17,102 16,821 ● Other 48,828 52,472 54,276 TOTAL 101,309 105,476 107,776

Income taxes (Tables)

Income taxes (Tables)	12 Months Ended
	Dec. 31, 2021
Income taxes
Schedule of detailed income taxes	​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, ​ ​ ​ ​ ​ ​ (M$) ​ 2021 2020 2019 Current income taxes (8,158) (2,450) (5,469) Deferred income taxes (1,429) 2,132 (403) TOTAL INCOME TAXES (9,587) (318) (5,872)
Schedule of deferred tax balances, including balance sheet presentation and analysis of variation	​ ​ ​ ​ ​ ​ ​ ​ As of December 31, ​ ​ ​ (M$) ​ 2021 2020 2019 Net operating losses and tax carry forwards 5,129 5,106 3,752 Employee benefits 586 1,004 970 Other temporary non-deductible provisions 8,235 9,068 8,660 Differences in depreciations (15,233) (14,641) (16,029) Other temporary tax deductions (4,221) (3,847) (2,995) NET DEFERRED TAX LIABILITY (5,504) (3,310) (5,642) ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, ​ ​ ​ (M$) ​ 2021 2020 2019 Deferred tax assets 5,400 7,016 6,216 Deferred tax liabilities (10,904) (10,326) (11,858) NET AMOUNT (5,504) (3,310) (5,642) ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, ​ ​ ​ (M$) ​ 2021 2020 2019 Opening balance (3,310) (5,642) (4,827) Deferred tax on income (1,429) 2,132 (403) Deferred tax on shareholders' equity (a) (546) 137 255 Changes in scope of consolidation and others (315) 76 (695) Currency translation adjustment 96 (13) 28 CLOSING BALANCE (5,504) (3,310) (5,642) (a) This amount includes mainly deferred taxes on actuarial gains and losses, current income taxes and deferred taxes for changes in fair value of investments inequity instruments, as well as deferred taxes related to the cash flow hedge (see Note 9 to the Consolidated Financial Statements).
Reconciliation between provision for income taxes and pre-tax income	​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, ​ ​ ​ (M$) ​ 2021 2020 2019 Consolidated net income 16,366 (7,336) 11,438 Income taxes 9,587 318 5,872 Pre-tax income 25,953 (7,018) 17,310 French statutory tax rate 28.41% ​ 32.02% ​ 34.43% Theoretical tax charge (7,373) 2,247 (5,960) Difference between French and foreign income tax rates (3,754) (1,109) (2,007) Tax effect of equity in income (loss) of affiliates 977 145 1,173 Permanent differences 738 665 1,422 Adjustments on prior years income taxes 109 (31) 12 Adjustments on deferred tax related to changes in tax rates (119) (204) (270) Variation of deferred tax assets not recognized (165) (2,031) (242) INCOME TAXES IN THE STATEMENT OF INCOME (9,587) (318) (5,872)
Schedule of net operating losses and carried forward tax credits by expiration and main countries	​ ​ ​ ​ ​ ​ ​ ​ As of December 31, ​ ​ ​ ​ ​ ​ (M$) 2021 2020 2019 2020 ​ ​ 71 2021 ​ ​ 69 48 2022 27 ​ 26 27 2023 1 ​ 7 19 2024 (a) 5 ​ 2 1,310 2025 (b) 25 ​ 1,643 ​ 2026 and after ​ 1,652 ​ ​ ​ ​ Unlimited 3,419 ​ 3,359 2,277 TOTAL 5,129 ​ 5,106 3,752 ​ (a) 2024 and after for 2019. (b) 2025 and after for 2020. ​ As of December 31, 2021 the schedule of deferred tax assets related to carried forward tax credits on net operating losses for the main countries is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Tax As of December 31, 2021 ​ United ​ ​ United (M$) ​ Australia ​ States Canada ​ France Kingdom 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ 2024 ​ ​ ​ ​ ​ ​ ​ ​ ​ 2025 ​ ​ ​ ​ ​ 17 ​ ​ ​ ​ 2026 and after ​ ​ 424 ​ 1,062 ​ ​ ​ ​ Unlimited 1,044 472 ​ 586 ​ 145 TOTAL 1,044 896 1,079 586 145

Provisions and other non-curr_2

Provisions and other non-current liabilities (Tables)	12 Months Ended
	Dec. 31, 2021
Provisions and other non-current liabilities
Schedule of provisions and other non-current liabilities, including analysis of changes	​ ​ ​ ​ ​ ​ ​ ​ As of December 31, ​ ​ ​ (M$) ​ 2021 ​ 2020 ​ 2019 Litigations and accrued penalty claims 285 320 386 Provisions for environmental contingencies 812 960 742 Asset retirement obligations 14,976 15,368 14,492 Other non-current provisions 2,766 2,868 2,927 of which restructuring activities 506 293 135 of which financial risks related to non-consolidated and equity consolidated affiliates 265 134 130 of which contingency reserve on solar panels warranties (SunPower) 83 82 140 Other non-current liabilities 1,430 1,409 2,066 TOTAL 20,269 20,925 20,613 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Currency ​ ​ ​ ​ As of ​ ​ ​ ​ ​ translation ​ ​ ​ As of (M$) ​ January, 1 ​ Allowances ​ Reversals ​ adjustment ​ Other ​ December, 31 2021 20,925 1,446 (1,560) (404) (138) 20,269 of which asset retirement obligations ​ 449 (527) ​ ​ ​ ​ ​ of which provisions for environmental contingencies 43 (178) ​ ​ ​ ​ ​ of which provisions for restructuring of activities 415 (178) ​ ​ ​ ​ ​ 2020 20,613 1,756 (1,378) 452 (518) 20,925 of which asset retirement obligations 607 (519) ​ ​ ​ ​ ​ of which provisions for environmental contingencies 217 (93) ​ ​ ​ ​ ​ of which provisions for restructuring of activities 271 (135) ​ ​ ​ ​ ​ 2019 21,432 1,248 (2,414) (33) 380 20,613 of which asset retirement obligations 639 (460) ​ ​ ​ ​ ​ of which provisions for environmental contingencies 30 (92) ​ ​ ​ ​ ​ of which provisions for restructuring of activities 60 (122) ​ ​ ​ ​ ​ ​
Schedule of changes in the asset retirement obligation	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Spending on Currency ​ ​ ​ ​ As of ​ ​ ​ Revision in ​ New ​ existing ​ translation ​ ​ ​ As of (M$) ​ January 1, ​ Accretion ​ estimates ​ obligations ​ obligations ​ adjustment ​ Other ​ December 31, 2021 ​ 15,368 ​ 449 ​ (109) ​ 228 ​ (527) ​ (194) ​ (239) ​ 14,976 2020 ​ 14,492 ​ 607 ​ 526 ​ 87 ​ (519) ​ 284 ​ (109) ​ 15,368 2019 14,286 ​ 639 ​ (601) ​ 567 ​ (460) ​ 47 ​ 14 ​ 14,492

Off balance sheet commitments_2

Off balance sheet commitments and lease contracts (Tables)	12 Months Ended
	Dec. 31, 2021
Off balance sheet commitments and lease contracts
Schedule of off balance sheet commitments and lease contracts	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Maturity and installments As of December 31, 2021 ​ ​ ​ Less than 1 ​ Between 1 ​ More than 5 (M$) Total year and 5 years years Non-current debt obligations net of hedging instruments (Note 15) ​ 40,311 ​ – ​ 16,811 ​ 23,500 Current portion of non-current debt obligations net of hedging instruments (Note 15) 5,073 5,073 – – Lease obligations (Note 13.2) 9,034 1,390 3,321 4,323 Asset retirement obligations (Note 12) 14,976 610 1,751 12,615 Contractual obligations recorded in the balance sheet 69,394 7,073 21,883 40,438 Lease obligations for low value assets, short term contracts or not yet commenced (Note 13.2) 1,679 689 543 447 Purchase obligations 136,032 13,333 36,174 86,525 Contractual obligations not recorded in the balance sheet 137,711 14,022 36,717 86,972 TOTAL OF CONTRACTUAL OBLIGATIONS 207,105 21,095 58,600 127,410 Guarantees given to customs authorities 2,236 2,122 50 64 Guarantees given on borrowings 20,428 595 3,734 16,099 Guarantees related to sales of businesses 316 163 – 153 Guarantees of current liabilities 70 69 1 – Guarantees to customers / suppliers 23,494 3,093 4,376 16,025 Letters of credit 2,993 2,869 122 2 Other operating commitments 21,138 3,058 1,594 16,486 TOTAL OF OTHER COMMITMENTS GIVEN 70,675 11,969 9,877 48,829 Assets received as collateral (security interests) ​ 62 ​ 37 ​ 16 ​ 9 Sales obligations 92,555 7,565 33,271 51,719 Other commitments received 22,326 17,285 1,755 3,286 TOTAL OF COMMITMENTS RECEIVED 114,943 24,887 35,042 55,014 Of which commitments given relating to joint ventures 33,373 253 7,353 25,767 Of which commitments given relating to associates 34,491 727 9,110 24,654 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Maturity and installments As of December 31, 2020 ​ ​ ​ Less than 1 ​ Between 1 ​ More than 5 (M$) Total year and 5 years years Non-current debt obligations net of hedging instruments (Note 15) ​ 48,705 ​ – ​ 22,745 ​ 25,960 Current portion of non-current debt obligations net of hedging instruments (Note 15) 4,674 4,674 – – Lease obligations (Note 13.2) 8,943 1,207 3,178 4,558 Asset retirement obligations (Note 12) 15,368 463 1,840 13,065 Contractual obligations recorded in the balance sheet 77,690 6,344 27,763 43,583 Lease obligations for low value assets, short term contracts or not yet commenced (Note 13.2) 1,745 704 626 415 Purchase obligations 143,177 11,719 39,126 92,332 Contractual obligations not recorded in the balance sheet 144,922 12,423 39,752 92,747 TOTAL OF CONTRACTUAL OBLIGATIONS 222,612 18,767 67,515 136,330 Guarantees given to customs authorities 2,312 2,189 60 63 Guarantees given on borrowings 14,164 746 3,660 9,758 Guarantees related to sales of businesses 333 179 – 154 Guarantees of current liabilities 147 68 56 23 Guarantees to customers / suppliers 19,182 2,603 1,853 14,726 Letters of credit 2,432 2,297 135 – Other operating commitments 23,879 3,224 3,002 17,653 TOTAL OF OTHER COMMITMENTS GIVEN 62,449 11,306 8,766 42,377 Assets received as collateral (security interests) 77 28 24 25 Sales obligations 80,521 7,001 29,362 44,158 Other commitments received 20,401 15,270 1,474 3,657 TOTAL OF COMMITMENTS RECEIVED 100,999 22,299 30,860 47,840 Of which commitments given relating to joint ventures 34,920 644 7,288 26,988 Of which commitments given relating to associates ​ 51,795 999 8,664 42,132 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Maturity and installments As of December 31, 2019 ​ ​ ​ Less than 1 ​ Between 1 ​ More than 5 (M$) Total year and 5 years years Non-current debt obligations net of hedging instruments (Note 15) 40,931 ​ – ​ 19,888 ​ 21,043 Current portion of non-current debt obligations net of hedging instruments (Note 15) 5,331 5,331 – – Lease obligations (Note 13.2) 7,465 1,202 2,883 3,380 Asset retirement obligations (Note 12) 14,492 617 3,153 10,722 Contractual obligations recorded in the balance sheet 68,219 7,150 25,924 35,145 Lease obligations for low value assets, short term contracts or not yet commenced (Note 13.2) 2,077 536 879 662 Purchase obligations 147,516 10,763 38,189 98,564 Contractual obligations not recorded in the balance sheet 149,593 11,299 39,068 99,226 TOTAL OF CONTRACTUAL OBLIGATIONS 217,812 18,449 64,992 134,371 Guarantees given to customs authorities 2,012 1,876 17 119 Guarantees given on borrowings 14,510 306 7,372 6,832 Guarantees related to sales of businesses 331 163 16 152 Guarantees of current liabilities 172 79 60 33 Guarantees to customers / suppliers 12,318 1,435 2,169 8,714 Letters of credit 2,786 2,768 18 – Other operating commitments 22,055 3,240 1,202 17,613 TOTAL OF OTHER COMMITMENTS GIVEN 54,184 9,867 10,854 33,463 Assets received as collateral (security interests) 85 23 37 25 Sales obligations 93,441 7,135 31,330 54,976 Other commitments received 22,358 16,845 1,705 3,808 TOTAL OF COMMITMENTS RECEIVED 115,884 24,003 33,072 58,809 Of which commitments given relating to joint ventures 39,055 461 11,822 26,772 Of which commitments given relating to associates ​ 31,465 913 8,381 22,171
Schedule of impact on fixed assets due to adoption of IFRS 16	​ ​ ​ ​ (M$) ​ Right of use of buildings ​ 2,278 Right of use of machinery, plant and equipment (including transportation equipment) 2,632 Other right of use 788 TOTAL 5,698
Schedule of future minimum lease payments on leases	​ ​ ​ ​ ​ ​ For the year ended December 31, 2021 ​ Leases recorded in (M$) ​ Exempted contracts ​ balance sheet 2022 689 1,835 2023 194 1,347 2024 136 1,199 2025 111 1,097 2026 102 1,021 2027 and beyond 447 6,017 Total minimum payments 1,679 12,516 Less financial expenses (3,482) Nominal value of contracts 9,034 Less current portion of lease contracts (note 15) (1,390) Non-current lease liabilities 7,644 ​ ​ ​ ​ ​ ​ For the year ended December 31, 2020 ​ Leases recorded in (M$) ​ Exempted contracts ​ balance sheet 2021 704 1,659 2022 252 1,366 2023 159 1,117 2024 118 1,022 2025 97 964 2026 and beyond 415 6,325 Total minimum payments 1,745 12,453 Less financial expenses (3,510) Nominal value of contracts 8,943 Less current portion of lease contracts (note 15) (1,207) Non-current lease liabilities 7,736 ​ ​ ​ ​ ​ ​ For the year ended December 31, 2019 ​ ​ Leases recorded in (M$) ​ Exempted contracts balance sheet 2020 536 1,586 2021 360 1,228 2022 212 1,019 2023 162 835 2024 145 766 2025 and beyond 662 4,757 Total minimum payments 2,077 10,191 Less financial expenses (2,726) Nominal value of contracts 7,465 Less current portion of lease contracts (note 15) (1,202) Non-current lease liabilities 6,263

Financial assets and liabilit_2

Financial assets and liabilities analysis per instrument class and strategy (Tables)	12 Months Ended
	Dec. 31, 2021
Financial assets and liabilities analysis per instrument class and strategy
Summary of financial assets and liabilities disclosed in the balance sheet	The financial assets and liabilities disclosed in the balance sheet are detailed as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2021 ​ ​ ​ ​ ​ Other ​ ​ ​ ​ ​ ​ (M$) ​ ​ Fair value through Comprehensive Fair value of bonds ​ ​ ​ ​ Assets / (Liabilities) Amortized cost P&L Income hedging instruments Total Fair value Equity affiliates: loans 4,532 – – – 4,532 4,532 Other investments – 1,052 573 – 1,625 1,625 Non-current financial assets 847 770 – 787 2,404 2,404 Other non-current assets 2,419 – – – 2,419 2,419 Accounts receivable, net (b) 21,983 – – – 21,983 21,983 Other operating receivables 7,141 21,067 1,345 – 29,553 29,553 Current financial assets 12,001 272 – 42 12,315 12,315 Cash and cash equivalents 21,342 – – – 21,342 21,342 Total financial assets 70,265 23,161 1,918 829 96,173 96,173 Total non-financial assets ​ ​ ​ ​ 197,285 ​ TOTAL ASSETS ​ ​ ​ ​ 293,458 ​ Non-current financial debt (a) (47,973) (41) – (1,498) (49,512) (53,144) Accounts payable (b) (36,837) – – – (36,837) (36,837) Other operating liabilities (11,128) (15,266) (900) – (27,294) (27,294) Current borrowings (a) (15,035) – – – (15,035) (15,039) Other current financial liabilities – (56) – (316) (372) (372) Total financial liabilities (110,973) (15,363) (900) (1,814) (129,050) (132,686) Total non-financial liabilities ​ ​ ​ ​ (164,408) ​ TOTAL LIABILITIES ​ ​ ​ ​ (293,458) ​ (a) The financial debt is adjusted to the hedged risks value (currency and interest rate) as part of hedge accounting (see Note 15 to the Consolidated Financial Statements). (b) The impact of offsetting on accounts receivable, net is $(4,584) million and $4,584 million on accounts payable . ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2020 ​ ​ ​ ​ ​ Other ​ ​ ​ ​ ​ ​ (M$) ​ ​ Fair value through Comprehensive Fair value of bonds ​ ​ ​ ​ Assets / (Liabilities) Amortized cost P&L Income hedging instruments Total Fair value Equity affiliates: loans 5,129 – – – 5,129 5,129 Other investments – 1,224 783 – 2,007 2,007 Non-current financial assets 1,019 541 – 3,221 4,781 4,781 Other non-current assets 2,745 – – – 2,745 2,745 Accounts receivable, net (b) 14,068 – – – 14,068 14,068 Other operating receivables 6,615 1,428 – – 8,043 8,043 Current financial assets 4,547 65 – 18 4,630 4,630 Cash and cash equivalents 31,268 – – – 31,268 31,268 Total financial assets 65,391 3,258 783 3,239 72,671 72,671 Total non-financial assets ​ ​ ​ ​ 193,461 ​ TOTAL ASSETS ​ ​ ​ ​ 266,132 ​ Non-current financial debt (a) (58,470) (118) – (1,615) (60,203) (66,210) Accounts payable (b) (23,574) – – – (23,574) (23,574) Other operating liabilities (10,635) (3,666) – (1) (14,302) (14,302) Current borrowings (a) (17,099) – – – (17,099) (17,121) Other current financial liabilities – (99) – (104) (203) (203) Total financial liabilities (109,778) (3,883) – (1,720) (115,381) (121,410) Total non-financial liabilities ​ ​ ​ ​ (150,751) ​ TOTAL LIABILITIES ​ ​ ​ ​ (266,132) ​ (a) The financial debt is adjusted to the hedged risks value (currency and interest rate) as part of hedge accounting (see Note 15 to the Consolidated Financial Statements). (b) The impact of offsetting on accounts receivable, net is $(1,844) million and $1,844 million on accounts payable . ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2019 ​ ​ ​ ​ ​ Other ​ ​ ​ ​ ​ (M$) ​ ​ Fair value through Comprehensive Fair value of bonds ​ ​ ​ Assets / (Liabilities) Amortized cost P&L Income hedging instruments Total Fair value Equity affiliates: loans 3,999 – – – 3,999 3,999 Other investments – 1,272 506 – 1,778 1,778 Non-current financial assets 164 236 – 512 912 912 Other non-current assets 2,314 – – – 2,314 2,314 Accounts receivable, net (b) 18,488 – – – 18,488 18,488 Other operating receivables 6,713 4,791 – 2 11,506 11,506 Current financial assets 3,870 122 – – 3,992 3,992 Cash and cash equivalents 27,352 – – – 27,352 27,352 Total financial assets 62,900 6,421 506 514 70,341 70,341 Total non-financial assets ​ ​ ​ ​ 202,953 ​ TOTAL ASSETS ​ ​ ​ ​ 273,294 ​ Non-current financial debt (a) (46,035) (44) – (1,694) (47,773) (50,921) Accounts payable (b) (28,394) – – – (28,394) (28,394) Other operating liabilities (10,927) (5,333) – (2) (16,262) (16,262) Current borrowings (a) (14,819) – – – (14,819) (14,819) Other current financial liabilities – (63) – (424) (487) (487) Total financial liabilities (100,175) (5,440) – (2,120) (107,735) (110,883) Total non-financial liabilities ​ ​ ​ ​ (165,559) ​ TOTAL LIABILITIES ​ ​ ​ ​ (273,294) ​ ​ (a) The financial debt is adjusted to the hedged risks value (currency and interest rate) as part of hedge accounting (see Note 15 to the Consolidated Financial Statements). (b) The impact of offsetting on accounts receivable, net is $(2,073) million and $2,073 million on accounts payable .

Financial structure and finan_2

Financial structure and financial costs (Tables)	12 Months Ended
	Dec. 31, 2021
Financial structure, financial costs and financial instruments
Schedule of non-current financial debt and related financial instruments	​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2021 ​ ​ ​ ​ ​ ​ (M$) ​ ​ ​ ​ ​ ​ (Assets) / Liabilities Secured Unsecured Total Non-current financial debt 7,720 41,792 49,512 of which hedging instruments of non-current financial debt (liabilities) – 1,498 1,498 Non-current financial assets (847) (1,557) (2,404) of which hedging instruments of non-current financial debt (assets) – (787) (787) NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS 6,873 40,235 47,108 Variable rate bonds or bonds after fair value hedge – 12,820 12,820 Fixed rate bonds or bonds after cash flow hedge – 27,147 27,147 Other floating rate debt 15 634 649 Other fixed rate debt 61 363 424 Lease obligations 7,644 - 7,644 Non-current financial assets excluding derivative financial instruments ​ (847) ​ (675) ​ (1,522) Non-current instruments held for trading – (54) (54) NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS 6,873 40,235 47,108 ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2020 ​ ​ ​ ​ ​ ​ (M$) ​ ​ ​ ​ ​ ​ (Assets) / Liabilities Secured Unsecured Total Non-current financial debt 7,849 52,354 60,203 of which hedging instruments of non-current financial debt (liabilities) – 1,615 1,615 Non-current financial assets (1,019) (3,762) (4,781) of which hedging instruments of non-current financial debt (assets) – (3,221) (3,221) NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS 6,830 48,592 55,422 Variable rate bonds or bonds after fair value hedge – 16,553 16,553 Fixed rate bonds or bonds after cash flow hedge – 28,080 28,080 Other floating rate debt 40 3,944 3,984 Other fixed rate debt 73 438 511 Lease obligations ​ 7,736 – 7,736 Non-current financial assets excluding derivative financial instruments (1,019) ​ (432) ​ (1,451) Non-current instruments held for trading – 9 9 NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS 6,830 48,592 55,422 ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2019 ​ ​ ​ ​ ​ ​ (M$) ​ ​ ​ ​ ​ ​ (Assets) / Liabilities Secured Unsecured Total Non-current financial debt 6,438 41,335 47,773 of which hedging instruments of non-current financial debt (liabilities) – 1,694 1,694 Non-current financial assets (164) (748) (912) of which hedging instruments of non-current financial debt (assets) – (512) (512) NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS 6,274 40,587 46,861 Variable rate bonds or bonds after fair value hedge – 19,340 19,340 Fixed rate bonds or bonds after cash flow hedge – 20,499 20,499 Other floating rate debt 72 618 690 Other fixed rate debt 103 322 425 Lease obligations 6,263 ​ – ​ 6,263 Non-current financial assets excluding derivative financial instruments (164) (169) (333) Non-current instruments held for trading ​ – ​ (23) ​ (23) NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS 6,274 40,587 46,861
Schedule of fair value of bonds after taking into account currency and interest rates swaps	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Amount ​ Amount ​ Amount ​ ​ ​ ​ ​ Bonds after fair value hedge or ​ ​ ​ after ​ after ​ after ​ Range ​ Range of initial current rate ​ variable rate bonds (a) ​ Currency of ​ December 31, ​ December 31, ​ December 31, ​ of current ​ before hedging ​ (M$) issuance 2021 2020 2019 maturities instruments ​ Bond ​ USD ​ 5,001 ​ 6,253 ​ 6,276 ​ 2023 - 2028 ​ 2.434% - 3.883 % Bond ​ USD ​ – ​ – ​ 300 ​ ​ ​ ​ ​ Bond ​ CHF ​ 409 ​ 410 ​ 410 ​ 2026 - 2029 ​ 0.176% - 0.298 % Bond ​ NZD ​ – ​ – ​ 164 ​ ​ ​ ​ ​ Bond ​ AUD ​ 71 ​ 377 ​ 378 ​ 2025 ​ 4.000 % Bond ​ EUR ​ 7,528 ​ 8,666 ​ 9,675 ​ 2022 - 2044 ​ 0.250% - 3.125 % Bond ​ EUR ​ – ​ – ​ 1,641 ​ ​ ​ ​ ​ Bond ​ CAD ​ – ​ – ​ 92 ​ ​ ​ ​ ​ Bond ​ GBP ​ 1,524 ​ 1,522 ​ 2,035 ​ 2022 - 2031 ​ 1.405% - 2.250 % Bond ​ HKD ​ 129 ​ 129 ​ 128 ​ 2025 ​ 2.920 % Current portion (less than one year) ​ ​ ​ (2,540) ​ (2,699) ​ (3,661) ​ ​ ​ ​ ​ Principal financing entities (b) ​ ​ ​ 12,122 ​ 14,658 ​ 17,438 ​ ​ ​ ​ ​ TotalEnergies SE (c) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Bond ​ ​ ​ 1,200 ​ 1,200 ​ 1,203 ​ ​ ​ ​ ​ Current portion (less than one year) ​ ​ ​ (1,200) ​ – ​ – ​ ​ ​ ​ ​ Other consolidated subsidiaries ​ ​ ​ 698 ​ 695 ​ 699 ​ ​ ​ ​ ​ TOTAL VARIABLE RATE BONDS OR BONDS AFTER FAIR VALUE HEDGE ​ ​ ​ 12,820 ​ 16,553 ​ 19,340 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Amount ​ Amount ​ Amount ​ ​ ​ ​ ​ Bonds after cash flow hedge or ​ ​ ​ after ​ after ​ after ​ Range ​ Range of initial current rate ​ fixed rate bonds ​ Currency of ​ December 31, ​ December 31, ​ December 31, ​ of current ​ before hedging ​ (M$) issuance 2021 2020 2019 maturities instruments ​ Bond EUR 15,487 15,259 10,246 2024 - 2044 0.696 % - 5.125 % Bond USD 9,941 11,524 8,565 2022 - 2060 2.829% - 3.461 % Bond ​ HKD ​ 200 ​ 208 ​ 202 ​ 2026 ​ 3.088 % Bond ​ CHF ​ 1,113 ​ 1,134 ​ 1,079 ​ 2024 - 2027 ​ 0.510% - 1.010 % Bond ​ GBP ​ 1,004 ​ 998 ​ 982 ​ 2024 - 2026 ​ 1.250% - 1.660 % Bond ​ AUD ​ 5 ​ 9 ​ 5 ​ 2025 ​ 4.000 % Current portion (less than one year) (1,000) (1,500) (1,250) ​ ​ Principal financing entities (b) 26,750 27,632 19,829 ​ Other consolidated subsidiaries 397 448 670 ​ TOTAL FIXED RATE BONDS OR BONDS AFTER CASH FLOW HEDGE 27,147 28,080 20,499 ​ ​ (a) The IBOR rate reform will mainly impact the bonds after fair value hedge, on principal financing entities and TotalEnergies SE, indexed on USLIBOR. At December 31 2021, the amount of the bonds after fair value hedge (both non-current and current portions) on principal financing entities and TotalEnergies SE is $ 15,862 million. (b) All debt securities issued through the following subsidiaries are fully and unconditionally guaranteed by TotalEnergies SE as to payment of principal, premium, if any, interest and any other amounts due: - TotalEnergies Capital is a wholly and directly owned subsidiary of TotalEnergies SE (except for one share held by each director). It acts as a financing vehicle for TotalEnergies. The repayment of its financial debt (capital, premium and interest) is fully and unconditionally guaranteed by TotalEnergies SE. - TotalEnergies Capital Canada Ltd. is a wholly and directly owned subsidiary of TotalEnergies SE. It acts as a financing vehicle for the activities of TotalEnergies in Canada. The repayment of its financial debt (capital, premium and interest) is fully and unconditionally guaranteed by TotalEnergies SE. - TotalEnergies Capital International is a wholly and directly owned subsidiary of TotalEnergies SE (except for one share held by each director). It acts as a financing vehicle for TotalEnergies. The repayment of its financial debt (capital, premium and interest) is fully and unconditionally guaranteed by TotalEnergies SE. (c) Debt financing of $1.2 billion through a structure combining the issuance of cash-settled convertible bonds with the purchase of cash-settled call options to hedge TotalEnergies' exposure to the exercise of the conversion rights under the bonds. At 31 December 2021, this debt financing is fully presented as a current portion item. ​
Schedule of loan repayment schedule (excluding current portion)	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ of which hedging ​ of which hedging ​ ​ ​ ​ ​ ​ ​ instruments ​ ​ ​ instruments ​ Non-current net ​ ​ As of December 31, ​ ​ ​ of non ‑ current ​ Non-current ​ of non-current ​ financial debt and ​ ​ 2021 ​ Non ‑ current ​ financial debt ​ financial ​ financial debt ​ related financial ​ ​ (M$) ​ financial debt ​ (liabilities) ​ assets ​ (assets) ​ instruments ​ % 2023 6,143 115 (111) (51) 6,032 13 % 2024 6,506 190 (219) (103) 6,287 13 % 2025 4,471 194 (89) (51) 4,382 9 % 2026 3,348 238 (71) (34) 3,277 7 % 2027 and beyond 29,044 761 (1,914) (548) 27,130 58 % TOTAL 49,512 1,498 (2,404) (787) 47,108 100 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ of which hedging ​ of which hedging ​ ​ ​ ​ ​ ​ instruments ​ ​ ​ instruments ​ Non-current net ​ ​ As of December 31, ​ ​ ​ of non ‑ current ​ Non-current ​ of non-current ​ financial debt and ​ ​ 2020 ​ Non ‑ current ​ financial debt ​ financial ​ financial debt ​ related financial ​ ​ (M$) financial debt ​ (liabilities) ​ assets ​ (assets) ​ instruments ​ % ​ 2022 9,932 142 (142) (58) 9,790 18 % 2023 5,988 59 (268) (218) 5,720 10 % 2024 6,340 115 (395) (277) 5,945 11 % 2025 4,535 150 (260) (212) 4,275 8 % 2026 and beyond 33,408 1,149 (3,716) (2,456) 29,692 53 % TOTAL 60,203 1,615 (4,781) (3,221) 55,422 100 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ of which hedging ​ ​ ​ of which hedging ​ ​ ​ ​ ​ ​ ​ ​ instruments ​ ​ ​ instruments ​ Non-current net ​ ​ As of December 31, ​ ​ ​ of non ‑ current ​ Non-current ​ of non-current ​ financial debt and ​ ​ 2019 ​ Non ‑ current ​ financial debt ​ financial ​ financial debt ​ related financial ​ ​ (M$) financial debt (liabilities) assets (assets) instruments % 2021 5,716 204 (101) (9) 5,615 12 % 2022 6,226 433 (148) (121) 6,078 13 % 2023 5,230 106 (67) (18) 5,163 11 % 2024 5,885 139 (87) (83) 5,798 12 % 2025 and beyond 24,716 812 (509) (281) 24,207 52 % TOTAL 47,773 1,694 (912) (512) 46,861 100 % ​
Schedule of analysis by currency and interest rate	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, ​ (M$) 2021 % 2020 % 2019 % U.S. Dollar 44,387 94 % 48,609 88 % 43,276 92 % Euro 1,708 4 % 3,144 6 % 2,639 6 % Norwegian krone 67 0 % 72 0 % 81 0 % Other currencies 946 2 % 3,597 6 % 865 2 % TOTAL 47,108 100 % 55,422 100 % 46,861 100 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (M$) 2021 % 2020 % 2019 % Fixed rate 34,353 73 % 34,870 63 % 26,985 58 % Floating rate 12,755 27 % 20,552 37 % 19,876 42 % TOTAL 47,108 100 % 55,422 100 % 46,861 100 % ​
Schedule of current financial assets and liabilities	​ ​ ​ ​ ​ ​ ​ ​ As of December 31, ​ ​ ​ ​ ​ ​ (M$) ​ ​ ​ ​ ​ ​ (Assets) / Liabilities 2021 2020 2019 Current financial debt (a) 8,846 11,305 8,710 Current lease obligations 1,390 1,206 1,202 Current portion of non-current financial debt 4,799 4,588 4,907 Current borrowings (note 14) 15,035 17,099 14,819 Current portion of hedging instruments of debt (liabilities) 316 104 424 Other current financial instruments (liabilities) 56 99 63 Other current financial liabilities (note 14) 372 203 487 Current deposits beyond three months (11,868) (4,436) (3,611) Non-traded marketable securities ​ (195) ​ – ​ (114) Financial receivables on sub-lease, current (132) (111) (145) Current portion of hedging instruments of debt (assets) (42) (18) – Other current financial instruments (assets) (78) (65) (122) Current financial assets (note 14) (12,315) (4,630) (3,992) NET CURRENT BORROWINGS 3,092 12,672 11,314 ​ (a) As of December 31, 2021, December 31, 2020 and December 31, 2019, the current financial debt includes a commercial paper program in TotalEnergies Capital and TotalEnergies Capital Canada Ltd. TotalEnergies Capital and TotalEnergies Capital Canada Ltd. are wholly-owned subsidiaries of TotalEnergies SE. They act as financing vehicles for the activities of TotalEnergies. Their debt securities are fully and unconditionally guaranteed by TotalEnergies SE as to payment of principal, premium, if any, interest and any other amounts due.
Schedule of variations of financial debt	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Non-cash changes ​ ​ ​ ​ ​ ​ ​ ​ Change in ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of ​ ​ ​ scope, ​ ​ ​ ​ ​ Reclassification ​ ​ ​ As of ​ ​ January 1, ​ Cash ​ including IFRS 5 ​ Foreign ​ Changes in ​ Non-current / ​ ​ ​ December 31, (M$) ​ 2021 ​ changes reclassification currency fair value Current Other 2021 Non-current financial instruments - assets (a) ​ (4,781) ​ (290) ​ 1 ​ 64 ​ 2,432 ​ 188 ​ (18) ​ (2,404) Non-current financial debt ​ 60,203 ​ (359) ​ (58) ​ (183) ​ (2,377) ​ (9,254) ​ 1,540 ​ 49,512 Non-current financial debt and related financial instruments ​ 55,422 ​ (649) ​ (57) ​ (119) ​ 55 ​ (9,066) ​ 1,522 ​ 47,108 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Current financial instruments - assets (a) (194) 191 - 8 (45) (188) (24) (252) Current borrowings 17,099 (11,047) 15 (283) (158) 9,254 155 15,035 Current financial instruments - liabilities (a) 203 - 1 (11) 179 - - 372 Current financial debt and related financial instruments 17,108 (10,856) 16 (286) (24) 9,066 131 15,155 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Financial debt and financial assets classified as held for sale 313 - (306) (11) - - - (4) NET FINANCIAL DEBT 72,843 (11,505) (347) (416) 31 - 1,653 62,259 (a) Fair value or cash flow hedge instruments and other non-hedge debt-related derivative instruments. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Non-cash changes ​ ​ ​ ​ ​ ​ ​ ​ Change in ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of ​ ​ ​ scope, ​ ​ ​ ​ ​ Reclassification ​ ​ ​ As of ​ ​ January 1, ​ Cash ​ including IFRS 5 ​ Foreign ​ Changes in ​ Non-current / ​ ​ ​ December 31, (M$) 2020 changes reclassification currency fair value Current Other 2020 Non-current financial instruments - assets (a) and non-current financial assets (912) ​ (228) ​ 3 (59) ​ (2,729) ​ 118 ​ (974) ​ (4,781) Non-current financial debt 47,773 ​ 15,800 ​ (456) 192 ​ 2,973 ​ (8,711) ​ 2,632 ​ 60,203 Non-current financial debt and related financial instruments 46,861 ​ 15,572 ​ (453) 133 ​ 244 ​ (8,593) ​ 1,658 ​ 55,422 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Current financial instruments - assets (a) (268) 178 – (6) 46 (118) (26) (194) Current borrowings 14,819 (6,679) 6 (132) 188 8,711 186 17,099 Current financial instruments - liabilities (a) 487 – (5) 8 (287) – – 203 Current financial debt and related financial instruments 15,038 (6,501) 1 (130) (53) 8,593 160 17,108 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Financial debt and financial assets classified as held for sale 301 – (10) 22 – – – 313 NET FINANCIAL DEBT 62,200 9,071 (462) 25 191 – 1,818 72,843 (a) Fair value or cash flow hedge instruments and other non-hedge debt-related derivative instruments. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Non-cash changes ​ ​ ​ ​ ​ ​ ​ ​ Change in ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of ​ ​ ​ scope, ​ First ​ ​ ​ ​ ​ Reclassification ​ ​ ​ As of ​ ​ January 1, ​ Cash ​ including IFRS 5 ​ application ​ Foreign ​ Changes in ​ Non-current / ​ ​ ​ December 31, (M$) 2019 changes reclassification IFRS 16 currency fair value Current Other 2019 Non-current financial instruments - assets (a) (680) 21 12 (50) ​ 4 (71) 144 (292) (912) Non-current financial debt 40,129 8,110 (731) 4,805 ​ (48) 484 (6,661) 1,685 47,773 Non-current financial debt and related financial instruments 39,449 8,131 (719) 4,755 ​ (44) 413 (6,517) 1,393 46,861 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Current financial instruments - assets (a) (118) 125 – – ​ 2 (32) (144) (101) (268) Current borrowings 13,306 (5,954) (35) 750 ​ 184 (26) 6,661 (67) 14,819 Current financial instruments - liabilities (a) 478 – – – ​ (6) 15 – – 487 Current financial debt and related financial instruments 13,666 (5,829) (35) 750 ​ 180 (43) 6,517 (168) 15,038 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Financial debt and financial assets classified as held for sale – – 301 – ​ – – – – 301 NET FINANCIAL DEBT 53,115 2,302 (453) 5,505 ​ 136 370 – 1,225 62,200
Schedule of monetary changes in non-current financial debt	​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, ​ ​ ​ ​ ​ ​ (M$) 2021 2020 2019 Issuance of non-current debt 808 16,075 8,668 Repayment of non-current debt (1,167) (275) (538) NET AMOUNT (359) 15,800 8,131
Schedule of cash and cash equivalents	​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, ​ ​ ​ ​ ​ ​ (M$) 2021 2020 2019 Cash 13,544 14,518 16,456 ​ Cash equivalents 7,798 16,750 10,896 ​ TOTAL 21,342 31,268 27,352 ​
Schedule of net-debt-to-equity ratio	​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, ​ ​ ​ ​ ​ ​ (M$) ​ ​ ​ (Assets) / Liabilities 2021 2020 2019 ​ Current borrowings (a) 13,645 ​ 15,893 ​ 13,617 ​ Other current financial liabilities 372 ​ 203 ​ 487 ​ Current financial assets (a) (12,183) ​ (4,519) ​ (3,847) ​ Net financial assets and liabilities held for sale or exchange (4) ​ 313 ​ 301 ​ Non-current financial debt (a) 41,868 ​ 52,467 ​ 41,510 ​ Non-current financial assets (a) (1,557) ​ (3,762) ​ (748) ​ Cash and cash equivalents (21,342) ​ (31,268) ​ (27,352) ​ Net financial debt 20,799 ​ 29,327 ​ 23,968 ​ ​ ​ ​ ​ ​ ​ ​ ​ Shareholders’ equity – TotalEnergies share 111,736 ​ 103,702 ​ 116,778 ​ Distribution of the income based on existing shares at the closing date 3,263 ​ 2,383 ​ 2,527 ​ Shareholders’ equity 114,999 ​ 106,085 ​ 119,305 ​ ​ ​ ​ ​ ​ ​ ​ ​ NET-DEBT-TO-CAPITAL RATIO EXCLUDING LEASES 15.3 % 21.7 % 16.7 %
Hedging of financial debt (Fair value hedge)
Financial structure, financial costs and financial instruments
Schedule of hedging instruments and items	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, 2021 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (M$) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cumulative FVH ​ ​ ​ ​ Nominal ​ ​ ​ ​ adjustments included ​ ​ ​ ​ amount of Carrying amount of ​ Carrying amount of ​ in the carrying amount ​ Line items in the ​ Hedging ​ hedging hedging instruments ​ hedged items ​ of the hedged items ​ statement of Hedged items instruments instruments Assets Liabilities Assets Liabilities Assets Liabilities financial position ​ ​ Interest Rate ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Financial debt / Bonds Swaps ​ 6,767 303 (36) – ​ (7,037) ​ – ​ (837) ​ Financial assets ​ ​ Cross Currency ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Financial debt / Bonds Swaps ​ 9,566 154 (382) – ​ (8,865) ​ – ​ 701 ​ Financial assets End of hedging (before 2018) ​ ​ ​ – ​ – ​ – ​ – ​ – ​ – ​ (27) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (M$) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cumulative FVH ​ ​ ​ ​ Nominal ​ ​ ​ ​ adjustments included ​ ​ ​ ​ amount of Carrying amount of ​ Carrying amount of ​ in the carrying amount ​ Line items in the ​ Hedging ​ hedging hedging instruments ​ hedged items ​ of the hedged items ​ statement of Hedged items instruments instruments Assets Liabilities Assets Liabilities Assets Liabilities financial position Bonds ​ Interest Rate ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Financial debt / ​ ​ Swaps ​ 8,063 527 (15) – ​ (8,586) ​ – ​ (1,136) ​ Financial assets Bonds Cross Currency ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Financial debt / ​ ​ Swaps ​ 11,011 836 (211) – ​ (11,109) ​ – ​ (98) ​ Financial assets End of hedging (before 2018) ​ ​ ​ – ​ – ​ – ​ – ​ – ​ – ​ (47) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cumulative FVH ​ ​ (M$) ​ Nominal ​ ​ ​ ​ adjustments included ​ ​ ​ ​ amount of Carrying amount of ​ Carrying amount of ​ in the carrying amount ​ Line item in the ​ Hedging ​ hedging hedging instruments ​ hedged items ​ of the hedged items ​ statement of Hedged items instruments instruments Assets Liabilities Assets Liabilities Assets Liabilities financial position Bonds ​ Interest Rate ​ 8,012 ​ 270 ​ (75) ​ – ​ (7,450) ​ – ​ (795) ​ Financial debt / Financial assets Bonds ​ Cross Currency ​ 14,357 ​ 124 ​ (1,011) ​ – ​ (14,357) ​ – ​ 1,290 ​ Financial debt / Financial assets End of hedging (before 2018) ​ ​ – ​ – ​ – ​ – ​ – ​ – ​ (71) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
Cash flow hedge
Financial structure, financial costs and financial instruments
Schedule of hedging instruments	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Nominal ​ ​ ​ Nature of ​ amount of ​ Carrying amount of ​ Line items in the For the year ended December 31, 2021 ​ hedging ​ hedging ​ hedging instruments ​ statement of (M$) instruments instruments Assets ​ Liabilities ​ financial position ​ Interest Rate ​ ​ ​ Financial debt / Bonds ​ Swaps ​ 12,782 ​ – ​ (736) ​ Financial assets ​ ​ Cross Currency ​ ​ ​ ​ ​ ​ ​ Financial debt / Bonds Swaps 17,511 372 (660) Financial assets ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Nominal ​ ​ ​ Nature of ​ amount of ​ Carrying amount of ​ Line items in the For the year ended December 31, 2020 ​ hedging ​ hedging ​ hedging instruments ​ statement of (M$) instruments instruments Assets ​ Liabilities ​ financial position ​ Interest Rate ​ ​ ​ Financial debt / Bonds ​ Swaps ​ 12,781 ​ – ​ (1,441) ​ Financial assets ​ ​ Cross Currency ​ ​ ​ ​ ​ ​ ​ Financial debt / Bonds Swaps 17,511 1,856 (32) Financial assets ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Nominal ​ ​ ​ Nature of ​ amount of ​ Carrying amount of ​ Line items in the For the year ended December 31, 2019 ​ hedging ​ hedging ​ hedging instruments ​ statement of (M$) instruments instruments Assets ​ Liabilities ​ financial position ​ Interest Rate ​ ​ ​ Financial debt / Bonds ​ Swaps ​ 12,782 ​ 25 ​ (527) ​ Financial assets ​ ​ Cross Currency ​ ​ ​ ​ ​ ​ ​ Financial debt / Bonds Swaps 12,604 19 (431) Financial assets ​
Interest rate risk
Financial structure, financial costs and financial instruments
Schedule of sensitivity analysis on interest rate and foreign exchange risk	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Change in fair value due to a change in ​ ​ ​ ​ ​ ​ interest rate by Assets / (Liabilities) ​ Carrying ​ Estimated ​ + 10 basis ​ - 10 basis (M$) ​ amount ​ fair value ​ points ​ points As of December 31, 2021 Bonds (non-current portion, before swaps) (39,256) (42,888) 349 (349) Swaps hedging bonds (liabilities) (1,498) (1,498) – – Swaps hedging bonds (assets) 787 787 – – Total swaps hedging bonds (assets and liabilities) (711) (711) (34) 34 Current portion of non-current debt after swaps (excluding lease obligations) (5,073) (5,077) 5 (5) Other interest rates swaps 31 31 16 (16) Currency swaps and forward exchange contracts 45 45 – – As of December 31, 2020 Bonds (non-current portion, before swaps) (46,239) (52,246) 440 (440) Swaps hedging bonds (liabilities) (1,615) (1,615) – – Swaps hedging bonds (assets) 3,221 3,221 – – Total swaps hedging bonds (assets and liabilities) 1,606 1,606 (70) 70 Current portion of non-current debt after swaps (excluding lease obligations) (4,674) (4,696) 2 (2) Other interest rates swaps (73) (73) 18 (18) Currency swaps and forward exchange contracts (6) (6) – – As of December 31, 2019 Bonds (non-current portion, before swaps) (38,657) (41,805) 247 (247) Swaps hedging bonds (liabilities) (1,694) (1,694) – – Swaps hedging bonds (assets) 512 512 – – Total swaps hedging bonds (assets and liabilities) (1,182) (1,182) (44) 44 Current portion of non-current debt after swaps (excluding lease obligations) (5,331) (5,332) 1 (1) Other interest rates swaps (7) (7) ​ 18 (18) Currency swaps and forward exchange contracts 89 89 ​ – – ​ The impact of changes in interest rates on the cost of debt before tax is as follows: ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, ​ ​ ​ (M$) ​ 2021 2020 2019 Cost of net debt (1,525) (2,110) (2,352) Interest rate translation of : ​ ​ ​ + 10 basis points 47 29 27 ‑10 basis points (47) (29) (27) ​
Foreign exchange risk
Financial structure, financial costs and financial instruments
Schedule of sensitivity analysis on interest rate and foreign exchange risk	​ ​ ​ ​ ​ ​ ​ ​ ​ Dollar / Euro exchange Dollar / Pound sterling Dollar / Ruble exchange ​ ​ rates ​ exchange rates ​ rates December 31, 2021 0.88 0.74 75.31 December 31, 2020 0.81 0.73 74.54 December 31, 2019 0.89 0.76 62.27 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2021 ​ ​ ​ Pound ​ Other (M$) ​ Total ​ Euro ​ Dollar ​ sterling ​ Ruble ​ currencies Shareholders’ equity at historical exchange rate 124,407 24,617 70,030 6,064 10,596 13,100 Currency translation adjustment before net investment hedge (12,666) (4,239) – (1,902) (4,281) (2,244) Net investment hedge – open instruments (5) (5) – – – – Shareholders’ equity at exchange rate as of December 31, 2021 111,736 20,373 70,030 4,162 6,315 10,856 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2020 ​ ​ ​ Pound ​ Other (M$) ​ Total ​ Euro ​ Dollar ​ sterling ​ Ruble ​ currencies Shareholders’ equity at historical exchange rate 113,958 28,893 60,613 4,494 9,913 10,045 Currency translation adjustment before net investment hedge (10,279) (2,448) – (1,726) (4,253) (1,852) Net investment hedge – open instruments 23 23 – – – – Shareholders’ equity at exchange rate as of December 31, 2020 103,702 26,468 60,613 2,768 5,660 8,193 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2019 ​ ​ ​ Pound ​ Other (M$) ​ Total ​ Euro ​ Dollar ​ sterling ​ Ruble ​ currencies Shareholders’ equity at historical exchange rate 128,281 37,687 66,005 5,635 9,900 9,054 Currency translation adjustment before net investment hedge (11,501) (4,443) – (1,830) (3,355) (1,873) Net investment hedge – open instruments (2) (2) – – – – Shareholders’ equity at exchange rate as of December 31, 2019 116,778 33,241 66,005 3,805 6,545 7,182 ​ Based on the 2021 financial statements, a conversion using rates different from + or - 10% for each of the currencies below would have the following impact on shareholders equity and net income (TotalEnergies share): ​ ​ ​ ​ ​ ​ ​ As of December 31, 2021 ​ ​ Pound ​ (M$) ​ Euro sterling Ruble Impact of an increase of 10% of exchange rates on: – shareholders equity 2,037 416 631 – net income (TotalEnergies share) 72 176 109 Impact of a decrease of (10)% of exchange rates on : ​ ​ ​ – shareholders equity (2,037) (416) (631) – net income (TotalEnergies share) (72) (176) (109) ​
Liquidity risk
Financial structure, financial costs and financial instruments
Schedule of liquidity risk - maturity of financial assets and liabilities	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2021 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Assets/(Liabilities) ​ Less than ​ ​ ​ ​ More than ​ ​ (M$) ​ one year ​ 1-2 years ​ 2-3 years ​ 3-4 years ​ 4-5 years ​ 5 years ​ Total Non-current financial debt (notional value excluding interests) – (6,073) (6,328) (4,420) (3,314) (28,495) (48,630) Non-current financial assets excluding derivative financial instruments ​ – ​ 41 ​ 41 ​ 38 ​ 37 ​ 1,365 ​ 1,522 Current borrowings (15,035) – – – – – (15,035) Other current financial liabilities (372) – – – – – (372) Current financial assets 12,315 – – – – – 12,315 Assets and liabilities available for sale or exchange 4 – – – – – 4 Cash and cash equivalents 21,342 – – – – – 21,342 Net amount before financial expense 18,254 (6,032) (6,287) (4,382) (3,277) (27,130) (28,854) Financial expense on non-current financial debt (821) (786) (664) (576) (506) (5,197) (8,550) Interest differential on swaps (217) (235) (232) (229) (221) (836) (1,970) NET AMOUNT 17,216 (7,053) (7,183) (5,187) (4,004) (33,163) (39,374) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Assets/(Liabilities) ​ Less than ​ ​ ​ ​ More than ​ ​ (M$) ​ one year ​ 1-2 years ​ 2-3 years ​ 3-4 years ​ 4-5 years ​ 5 years ​ Total Non-current financial debt (notional value excluding interests) – (9,849) (5,762) (5,990) (4,321) (30,951) (56,873) Non-current financial assets excluding derivative financial instruments ​ – ​ 59 ​ 42 ​ 45 ​ 46 ​ 1,259 ​ 1,451 Current borrowings (17,099) – – – – – (17,099) Other current financial liabilities (203) – – – – – (203) Current financial assets 4,630 – – – – – 4,630 Assets and liabilities available for sale or exchange (313) – – – – – (313) Cash and cash equivalents 31,268 – – – – – 31,268 Net amount before financial expense 18,283 (9,790) (5,720) (5,945) (4,275) (29,692) (37,139) Financial expense on non-current financial debt (930) (888) (825) (696) (603) (5,833) (9,775) Interest differential on swaps (163) (149) (158) (173) (196) (930) (1,769) NET AMOUNT 17,190 (10,827) (6,703) (6,814) (5,074) (36,455) (48,683) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Assets/(Liabilities) ​ Less than ​ ​ ​ ​ ​ ​ ​ ​ ​ More than ​ ​ (M$) ​ one year ​ 1-2 years ​ 2-3 years ​ 3-4 years ​ 4-5 years ​ 5 years ​ Total Non-current financial debt (notional value excluding interests) – (5,683) (6,102) (5,172) (5,802) ​ (24,435) (47,194) Non-current financial assets excluding derivative financial instruments ​ – ​ 68 ​ 24 ​ 9 ​ 4 ​ 228 ​ 333 Current borrowings (14,819) – – – – – (14,819) Other current financial liabilities (487) – – – – – (487) Current financial assets 3,992 – – – – – 3,992 Assets and liabilities available for sale or exchange (301) – – – – – (301) Cash and cash equivalents 27,352 – – – – – 27,352 Net amount before financial expense 15,737 (5,615) (6,078) (5,163) (5,798) (24,207) (31,124) Financial expense on non-current financial debt (807) (724) (650) (594) (482) (2,215) (5,472) Interest differential on swaps (350) (325) (297) (255) (224) (1,046) (2,497) NET AMOUNT 14,580 (6,664) (7,025) (6,012) (6,504) (27,468) (39,093) ​
Schedule of financial assets and liabilities related to operating activities	​ ​ ​ ​ ​ ​ ​ ​ As of December 31, ​ ​ ​ ​ ​ ​ Assets/(Liabilities) ​ ​ ​ ​ ​ (M$) 2021 2020 2019 Accounts payable (36,837) (23,574) (28,394) Other operating liabilities (27,294) (14,302) (16,262) including derivative financial instruments related to commodity contracts (liabilities) (16,166) (3,666) (5,333) Accounts receivable, net 21,983 14,068 18,488 Other operating receivables 29,553 8,043 11,506 including derivative financial instruments related to commodity contracts (assets) 22,412 1,428 4,791 TOTAL (12,595) (15,765) (14,662)
Credit risk
Financial structure, financial costs and financial instruments
Schedule of maximum credit risk exposure	​ ​ ​ ​ ​ ​ ​ ​ As of December 31, ​ ​ ​ ​ ​ ​ Assets/(Liabilities) ​ ​ ​ ​ ​ (M$) 2021 2020 2019 Loans to equity affiliates (note 8) 4,532 5,129 3,999 Loans and advances (note 6) 2,107 2,458 1,982 Other non-current financial assets related to operational activities (note 6) ​ 312 ​ 287 ​ 332 Non-current financial assets (note 15.1) 2,404 4,781 912 Accounts receivable (note 5) 21,983 14,068 18,488 Other operating receivables (note 5) 29,553 8,043 11,506 Current financial assets (note 15.1) 12,315 4,630 3,992 Cash and cash equivalents (note 15.1) 21,342 31,268 27,352 TOTAL 94,548 70,664 68,563
Financial instruments, excluding commodity contracts
Financial structure, financial costs and financial instruments
Schedule of impact on the statement of income per nature of financial instruments	​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, ​ ​ ​ (M$) ​ 2021 2020 2019 Loans and receivables 188 ​ 154 200 Financing liabilities and associated hedging instruments (1,373) (1,660) (1,897) Fair value hedge (ineffective portion) (10) 12 (1) Lease assets and obligations (413) (422) (417) Assets and liabilities held for trading 83 (194) (237) IMPACT ON THE COST OF NET DEBT (1,525) (2,110) (2,352)
Schedule of maturity of derivative instruments	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, 2021 ​ ​ ​ Notional ​ ​ ​ Notional value schedule (M$) ​ Fair value ​ Fair 2023 ​ ​ ​ ​ 2027 Assets / (Liabilities) ​ value ​ 2022 ​ value and beyond ​ 2023 ​ 2024 ​ 2025 ​ 2026 and beyond Fair value hedge ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Swaps hedging bonds (assets) 42 566 415 9,659 ​ ​ ​ ​ ​ ​ ​ ​ ​ Swaps hedging bonds (liabilities) (316) 3,737 (102) 2,371 ​ ​ ​ ​ ​ ​ ​ ​ ​ Total swaps hedging bonds - fair value hedge (274) 4,303 313 12,030 3,858 ​ 2,087 ​ 1,630 ​ 202 ​ 4,253 Cash flow hedge ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Swaps hedging bonds (assets) – – 372 7,149 ​ ​ ​ ​ ​ ​ ​ ​ ​ Swaps hedging bonds (liabilities) – – (1,396) 23,144 ​ ​ ​ ​ ​ ​ ​ ​ ​ Total swaps hedging bonds - cash flow hedge – – (1,024) 30,293 1,000 ​ 3,659 ​ 4,459 ​ 4,068 ​ 17,107 Forward exchange contracts related to operating activities (assets) – 36 – – ​ ​ ​ ​ ​ ​ ​ ​ ​ Forward exchange contracts related to operating activities (liabilities) (8) 283 (14) 366 ​ ​ ​ ​ ​ ​ ​ ​ ​ Total forward exchange contracts related to operating activities (8) 319 (14) 366 171 ​ 195 ​ – ​ – ​ – Held for trading ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other interest rate swaps (assets) 13 20,876 78 5,170 ​ ​ ​ ​ ​ ​ ​ ​ ​ Other interest rate swaps (liabilities) (19) 6,470 (41) 2,561 ​ ​ ​ ​ ​ ​ ​ ​ ​ Total other interest rate swaps (6) 27,346 37 7,731 1,708 ​ 2,856 ​ 2,111 ​ 751 ​ 305 Currency swaps and forward exchange contracts (assets) 65 9,769 17 367 ​ ​ ​ ​ ​ ​ ​ ​ ​ Currency swaps and forward exchange contracts (liabilities) (37) 5,065 – (16) ​ ​ ​ ​ ​ ​ ​ ​ ​ Total currency swaps and forward exchange contracts 28 14,834 17 351 265 ​ 86 ​ – ​ – ​ – ​ Notional amounts set the levels of commitment and are indicative nor of a contingent gain or loss neither of a related debt. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, 2020 ​ ​ ​ Notional ​ ​ ​ Notional value schedule (M$) ​ Fair ​ value ​ Fair ​ 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ 2026 Assets / (Liabilities) ​ value 2021 ​ value and beyond 2022 2023 2024 2025 and beyond Fair value hedge ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Swaps hedging bonds (assets) 18 1,250 1,365 12,642 ​ ​ ​ ​ ​ ​ ​ ​ ​ Swaps hedging bonds (liabilities) (104) 1,445 (142) 3,737 ​ ​ ​ ​ ​ ​ ​ ​ ​ Total swaps hedging bonds - fair value hedge (86) 2,695 1,223 16,379 4,350 ​ 3,858 ​ 2,087 ​ 1,630 ​ 4,454 Cash flow hedge ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Swaps hedging bonds (assets) – – 1,856 16,259 ​ ​ ​ ​ ​ ​ ​ ​ ​ Swaps hedging bonds (liabilities) – – (1,473) 14,033 ​ ​ ​ ​ ​ ​ ​ ​ ​ Total swaps hedging bonds - cash flow hedge – – 383 30,292 – ​ 1,000 ​ 3,659 ​ 4,459 ​ 21,174 Forward exchange contracts related to operating activities (assets) 16 262 20 394 ​ ​ ​ ​ ​ ​ ​ ​ ​ Forward exchange contracts related to operating activities (liabilities) – – – – ​ ​ ​ ​ ​ ​ ​ ​ ​ Total forward exchange contracts related to operating activities 16 262 20 394 276 ​ 118 ​ – ​ – ​ – Held for trading ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other interest rate swaps (assets) 10 22,011 84 3,214 ​ ​ ​ ​ ​ ​ ​ ​ ​ Other interest rate swaps (liabilities) (51) 7,693 (116) 3,695 ​ ​ ​ ​ ​ ​ ​ ​ ​ Total other interest rate swaps (41) 29,704 (32) 6,909 2,067 ​ 764 ​ 2,004 ​ 1,937 ​ 137 Currency swaps and forward exchange contracts (assets) 39 3,323 5 344 ​ ​ ​ ​ ​ ​ ​ ​ ​ Currency swaps and forward exchange contracts (liabilities) (48) 2,580 (2) 54 ​ ​ ​ ​ ​ ​ ​ ​ ​ Total currency swaps and forward exchange contracts (9) 5,903 3 398 189 ​ 145 ​ 64 ​ – ​ – ​ Notional amounts set the levels of commitment and are indicative nor of a contingent gain or loss neither of a related debt. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, 2019 ​ ​ ​ Notional ​ ​ ​ Notional value schedule (M$) Fair ​ value ​ Fair ​ 2021 ​ ​ ​ ​ ​ ​ ​ ​ ​ 2025 Assets / (Liabilities) ​ value 2020 ​ value and beyond 2021 2022 2023 2024 and beyond Fair value hedge ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Swaps hedging bonds (assets) – ​ – ​ 469 ​ 10,896 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Swaps hedging bonds (liabilities) (423) ​ 3,346 ​ (736) ​ 8,127 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total swaps hedging bonds - fair value hedge (423) ​ 3,346 ​ (267) ​ 19,023 ​ 2,695 ​ 4,298 ​ 3,858 ​ 2,337 ​ 5,835 Cash flow hedge ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Swaps hedging bonds (assets) – ​ – ​ 43 ​ 4,062 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Swaps hedging bonds (liabilities) – ​ – ​ (958) ​ 21,324 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total swaps hedging bonds - cash flow hedge – ​ – ​ (915) ​ 25,386 ​ – ​ – ​ 1,000 ​ 3,659 ​ 20,727 Forward exchange contracts related to operating activities (assets) 1 ​ 29 ​ – ​ – ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Forward exchange contracts related to operating activities (liabilities) – ​ – ​ – ​ – ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total forward exchange contracts related to operating activities 1 ​ 29 ​ – ​ – ​ – ​ – ​ – ​ – ​ – Held for trading ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other interest rate swaps (assets) 11 ​ 23,522 ​ 50 ​ 2,225 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other interest rate swaps (liabilities) (24) ​ 16,007 ​ (44) ​ 3,475 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total other interest rate swaps (13) ​ 39,529 ​ 6 ​ 5,700 ​ 2,217 ​ 1,463 ​ 18 ​ 1,820 ​ 182 Currency swaps and forward exchange contracts (assets) 111 ​ 6,446 ​ 17 ​ 431 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Currency swaps and forward exchange contracts (liabilities) (39) ​ 4,455 ​ – ​ 131 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total currency swaps and forward exchange contracts 72 ​ 10,901 ​ 17 ​ 562 ​ 529 ​ 33 ​ – ​ – ​ – ​ Notional amounts set the levels of commitment and are indicative nor of a contingent gain or loss neither of a related debt.
Schedule of fair value hierarchy for financial instruments	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Quoted prices in ​ ​ ​ ​ ​ active markets ​ Prices based ​ Prices based on ​ ​ ​ ​ for identical ​ on observable ​ non observable ​ ​ As of December 31, 2021 ​ assets ​ data ​ data ​ ​ (M$) ​ (level 1) ​ (level 2) ​ (level 3) ​ Total Fair value hedge instruments – 39 – 39 Cash flow hedge instruments – (1,052) – (1,052) Assets and liabilities held for trading – 82 – 82 Equity instruments ​ 501 ​ – ​ – ​ 501 TOTAL 501 (931) – (430) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Quoted prices in ​ ​ ​ ​ ​ active markets ​ Prices based ​ Prices based on ​ ​ ​ for identical ​ on observable ​ non observable ​ As of December 31, 2020 ​ assets ​ data ​ data ​ (M$) ​ (level 1) ​ (level 2) ​ (level 3) ​ Total Fair value hedge instruments – 1,137 – 1,137 Cash flow hedge instruments – 408 – 408 Assets and liabilities held for trading – (68) – (68) Equity instruments 706 ​ – ​ – ​ 706 TOTAL 706 1,477 – 2,183 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Quoted prices in ​ ​ ​ ​ ​ active markets ​ Prices based ​ Prices based on ​ ​ ​ for identical ​ on observable ​ non observable ​ As of December 31, 2019 ​ assets ​ data ​ data ​ (M$) ​ (level 1) ​ (level 2) ​ (level 3) ​ Total Fair value hedge instruments ​ – (690) – (690) Cash flow hedge instruments – (915) – (915) Assets and liabilities held for trading – 82 – 82 Equity instruments 240 – – 240 TOTAL 240 (1,523) – (1,283)
Financial instruments, excluding commodity contracts | Hedging of financial debt (Fair value hedge)
Financial structure, financial costs and financial instruments
Schedule of impact of the hedging strategies	​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, ​ ​ ​ (M$) 2021 2020 2019 Revaluation impact at market value of bonds 3,199 (4,004) (762) Swaps hedging bonds (3,209) 4,016 761 INEFFECTIVE PORTION OF THE FAIR VALUE HEDGE (10) 12 (1)
Financial instruments, excluding commodity contracts | Cash flow hedge
Financial structure, financial costs and financial instruments
Schedule of impact of the hedging strategies	​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, ​ ​ ​ ​ ​ ​ (M$) 2021 2020 2019 Profit (Loss) recorded in other comprehensive income of the period ​ (167) ​ (327) ​ (585) Recycled amount from other comprehensive income to the income statement of the period (113) 139 47

Financial instruments related_2

Financial instruments related to commodity contracts (Tables)	12 Months Ended
	Dec. 31, 2021
Trading & Shipping
Financial structure, financial costs and financial instruments
Schedule of market related risks - value-at-risk	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, ​ ​ ​ ​ (M$) ​ High ​ Low ​ Average ​ Year end 2021 36 9 18 12 2020 30 6 15 19 2019 28 9 17 21
Integrated Gas, Renewables and Power
Financial structure, financial costs and financial instruments
Schedule of market related risks - value-at-risk	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, ​ ​ ​ ​ (M$) ​ High ​ Low ​ Average ​ Year end 2021 80 ​ 9 ​ 28 ​ 30 2020 51 ​ 6 ​ 21 ​ 27 2019 83 ​ 10 ​ 20 ​ 64
Derivative financial instruments related to commodity contracts
Financial structure, financial costs and financial instruments
Schedule of offsetting of financial instruments related to commodity contracts	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net balance ​ ​ ​ As of December 31, 2021 ​ Gross value ​ Amounts ​ sheet value ​ Other ​ ​ ​ ​ (M$) ​ before offsetting ​ offset ​ presented ​ amounts not ​ Net carrying ​ Fair Assets / (Liabilities) assets liabilities assets (c) liabilities (c) assets liabilities offset amount value (b) Integrated Gas, Renewables & Power activities ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Swaps 92 (385) (35) 35 57 (350) – (293) (293) Forwards (a) 21,752 (16,954) (2,120) 2,120 19,632 (14,834) – 4,798 4,798 Options 1,953 (63) (3) 3 1,950 (60) – 1,890 1,890 Futures 418 (430) (183) 183 235 (247) – (12) (12) Other/Collateral – – – – – – 382 382 382 Total Integrated Gas, Renewables & Power 24,215 (17,832) (2,341) 2,341 21,874 (15,491) 382 6,765 6,765 Crude oil, petroleum products and freight rates activities ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Petroleum products, crude oil and freight rate swaps 245 (289) (166) 166 79 (123) – (44) (44) Forwards (a) 411 (444) (88) 88 323 (356) – (33) (33) Options 68 (236) (40) 40 28 (196) – (168) (168) Futures – ​ – ​ – ​ – ​ – ​ – ​ – ​ – ​ – Options on futures ​ 186 ​ (78) ​ (78) ​ 78 ​ 108 ​ – ​ – ​ 108 ​ 108 Other/Collateral – – – – – – 344 ​ 344 344 Total crude oil, petroleum products and freight rates 910 (1,047) (372) 372 538 (675) 344 207 207 TOTAL 25,125 (18,879) (2,713) 2,713 22,412 (16,166) 726 6,972 6,972 Total of fair value non recognized in the balance sheet ​ (a) Forwards: contracts resulting in physical delivery are accounted for as derivative commodity contracts and included in the amounts shown. (b) When the fair value of derivatives listed on an organized exchange market (futures, options on futures and swaps) is offset with the margin call received or paid in the balance sheet, this fair value is set to zero. (c) Amounts offset in accordance with IAS 32. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net balance ​ ​ ​ As of December 31, 2020 ​ Gross value ​ Amounts ​ sheet value ​ Other ​ ​ ​ ​ (M$) ​ before offsetting ​ offset ​ presented ​ amounts not ​ Net carrying ​ Fair Assets / (Liabilities) assets liabilities assets (c) liabilities (c) assets liabilities offset amount value (b) Integrated Gas, Renewables & Power activities ​ ​ ​ ​ ​ ​ ​ ​ ​ Swaps 10 (71) – – 10 (71) – (61) (61) Forwards (a) 1,372 (3,113) (186) 186 1,186 (2,927) – (1,741) (1,741) Options (61) (75) (13) 13 (74) (62) – (136) (136) Futures 42 (32) (21) 21 21 (11) – 10 10 Other/Collateral – – – – – – 22 22 22 Total Integrated Gas, Renewables & Power 1,363 (3,291) (220) 220 1,143 (3,071) 22 (1,906) (1,906) Crude oil, petroleum products and freight rates activities ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Petroleum products, crude oil and freight rate swaps 302 (443) (207) 207 95 (236) – (141) (141) Forwards (a) 158 (297) (13) 13 145 (284) – (139) (139) Options 113 (125) (68) 68 45 (57) – (12) (12) Futures – – – – – – – – – Options on futures 117 (135) (117) 117 – (18) – (18) (18) Other/Collateral – – – – – – 43 43 43 Total crude oil, petroleum products and freight rates 690 (1,000) (405) 405 285 (595) 43 (267) (267) TOTAL 2,053 (4,291) (625) 625 1,428 (3,666) 65 (2,173) (2,173) Total of fair value non recognized in the balance sheet ​ ​ (a) Forwards: contracts resulting in physical delivery are accounted for as derivative commodity contracts and included in the amounts shown. (b) When the fair value of derivatives listed on an organized exchange market (futures, options on futures and swaps) is offset with the margin call received or paid in the balance sheet, this fair value is set to zero. (c) Amounts offset in accordance with IAS 32. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net balance ​ ​ ​ As of December 31, 2019 ​ Gross value ​ Amounts ​ sheet value ​ Other ​ ​ ​ ​ (M$) ​ before offsetting ​ offset ​ presented ​ amounts not ​ Net carrying ​ Fair Assets / (Liabilities) assets liabilities assets (c) liabilities (c) assets liabilities offset amount value (b) Integrated Gas, Renewables & Power activities ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Swaps 469 9 39 (39) 508 (30) – 478 478 Forwards (a) 4,080 (4,831) (296) 296 3,784 (4,535) – (751) (751) Options 76 (37) (28) 28 48 (9) – 39 39 Futures 17 (43) (15) 15 2 (28) – (26) (26) Other/Collateral – – – – – – (772) (772) (772) Total Integrated Gas, Renewables & Power 4,642 (4,902) (300) 300 4,342 (4,602) (772) (1,032) (1,032) Crude oil, petroleum products and freight rates activities Petroleum products, crude oil and freight rate swaps 152 (244) (73) 73 79 (171) – (92) (92) Forwards (a) 300 (297) (3) 3 297 (294) – 3 3 Options 73 (106) – – 73 (106) – (33) (33) Futures – – – – – – – – – Options on futures – (160) – – – (160) – (160) (160) Other/Collateral – – – – – – 147 147 147 Total crude oil, petroleum products and freight rates 525 (807) (76) 76 449 (731) 147 (135) (135) TOTAL 5,167 (5,709) (376) 376 4,791 (5,333) (625) (1,167) (1,167) Total of fair value non recognized in the balance sheet ​ (a) Forwards: contracts resulting in physical delivery are accounted for as derivative commodity contracts and included in the amounts shown. (b) When the fair value of derivatives listed on an organized exchange market (futures, options on futures and swaps) is offset with the margin call received or paid in the balance sheet, this fair value is set to zero. (c) Amounts offset in accordance with IAS 32. ​
Schedule of changes in fair value and fair value hierarchy for financial instruments	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, Fair value Impact on Settled ​ Fair value as of (M$) ​ as of January 1, ​ income ​ contracts ​ Other ​ December 31, Integrated Gas, Renewables & Power activities ​ ​ ​ ​ ​ 2021 (1,928) 6,817 1,408 86 ​ 6,383 2020 (260) 676 (2,348) 4 ​ (1,928) 2019 (415) 1,588 (686) (747) (260) Crude oil, petroleum products and freight rates activities 2021 (310) 3,950 (3,777) – (137) 2020 (282) 3,813 (3,841) – (310) 2019 (283) 4,189 (4,188) – (282) ​ In 2019, the Other column mainly included the acquisition of Toshiba's LNG portfolio, for which financial instruments related to commodity contracts had been recognized for the amount of treasury received. The fair value hierarchy for financial instruments related to commodity contracts is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Quoted prices ​ ​ ​ ​ ​ ​ ​ ​ in active markets for ​ Prices based on ​ Prices based on ​ ​ As of December 31, 2021 ​ identical ​ observable data ​ non observable ​ ​ (M$) assets (level 1) (level 2) data (level 3) Total Integrated Gas, Renewables & Power activities 3,716 (3,563) 6,230 6,383 Crude oil, petroleum products and freight rates activities 134 (271) – (137) TOTAL 3,850 (3,834) 6,230 6,246 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Quoted prices ​ ​ ​ ​ ​ ​ ​ ​ in active markets for ​ Prices based on ​ Prices based on ​ ​ As of December 31, 2020 ​ identical ​ observable data ​ non observable ​ ​ (M$) assets (level 1) (level 2) data (level 3) Total Integrated Gas, Renewables & Power activities (159) (361) (1,408) (1,928) Crude oil, petroleum products and freight rates activities 10 (320) – (310) TOTAL (149) (681) (1,408) (2,238) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Quoted prices ​ ​ ​ ​ ​ ​ ​ ​ in active markets for ​ Prices based on ​ Prices based on ​ ​ As of December 31, 2019 ​ identical ​ observable data ​ non observable ​ ​ (M$) assets (level 1) (level 2) data (level 3) Total Integrated Gas, Renewables & Power activities 392 2,054 (2,706) (260) Crude oil, petroleum products and freight rates activities ​ (182) (172) 72 (282) TOTAL 210 1,882 (2,634) (542) ​
Schedule of impact of the hedging strategies	​ ​ ​ ​ ​ ​ ​ ​ As of December 31 ​ ​ ​ (M$) ​ 2021 2020 2019 Profit (Loss) recorded in other comprehensive income of the period 445 14 (14) Recycled amount from other comprehensive income to the income statement of the period (56) (1) –

Consolidation scope (Tables)

Consolidation scope (Tables)	12 Months Ended
	Dec. 31, 2021
Consolidation scope
Schedule of the main group consolidated entities	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Business ​ % Company ​ Country of ​ segment ​ Statutory corporate name ​ interest ​ Method ​ incorporation ​ Country of operations Exploration & Production ​ ​ ​ ​ ​ ​ Abu Dhabi Gas Industries Limited ​ 15.00 % E ​ United Arab Emirates ​ United Arab Emirates ​ ​ Angola Block 14 B.V. ​ 50.01 % ​ ​ Netherlands ​ Angola ​ ​ Angola LNG Supply Services, LLC ​ 13.60 % E ​ United States ​ United States ​ ​ Bonny Gas Transport Limited ​ 15.00 % E ​ Bermuda ​ Nigeria ​ ​ Brass Holdings B.V. ​ 100.00 % ​ ​ Netherlands ​ Nigeria ​ ​ Brass LNG Limited ​ 20.48 % E ​ Nigeria ​ Nigeria ​ ​ Congo Forest Company (CFC) ​ 100.00 % ​ ​ Congo ​ Congo ​ ​ Deer Creek Pipelines Limited ​ 75.00 % ​ ​ Canada ​ Canada ​ ​ Dolphin Energy Limited ​ 24.50 % E ​ United Arab Emirates ​ United Arab Emirates ​ ​ E.F. Oil And Gas Limited ​ 100.00 % ​ ​ United Kingdom ​ United Kingdom ​ ​ Elf E&P ​ 100.00 % ​ ​ France ​ France ​ ​ Elf Exploration UK Limited ​ 100.00 % ​ ​ United Kingdom ​ United Kingdom ​ ​ Elf Petroleum Iran ​ 100.00 % ​ ​ France ​ Iran ​ ​ Elf Petroleum UK Limited ​ 100.00 % ​ ​ United Kingdom ​ United Kingdom ​ ​ Gas Investment and Services Company Limited ​ 10.00 % E ​ Bermuda ​ Oman ​ ​ Mabruk Oil Operations ​ 49.02 % ​ ​ France ​ Libya ​ ​ Moattama Gas Transportation Company Limited ​ 31.24 % E ​ Bermuda ​ Myanmar ​ ​ Norpipe Oil A/S ​ 34.93 % E ​ Norway ​ Norway ​ ​ Norpipe Petroleum UK Limited ​ 45.22 % E ​ United Kingdom ​ Norway ​ ​ Norpipe Terminal Holdco Limited ​ 45.22 % E ​ United Kingdom ​ Norway ​ ​ Norsea Pipeline Limited ​ 45.22 % E ​ United Kingdom ​ Norway ​ ​ North Oil Company ​ 30.00 % E ​ Qatar ​ Qatar ​ ​ Novatek ​ 19.40 % E ​ Russia ​ Russia ​ ​ Pars LNG Limited ​ 40.00 % E ​ Bermuda ​ Iran ​ ​ Private Oil Holdings Oman Limited ​ 10.00 % E ​ United Kingdom ​ Oman ​ ​ Stogg Eagle Funding B.V. ​ 100.00 % ​ ​ Netherlands ​ Nigeria ​ ​ Tepkri Sarsang A/S ​ 100.00 % ​ ​ Denmark ​ Iraq ​ ​ Terneftegaz JSC (a) ​ 58.89 % E ​ Russia ​ Russia ​ ​ TOQAP Guyana B.V. ​ 60.00 % ​ ​ Netherlands ​ Guyana ​ ​ Total (BTC) B.V. ​ 100.00 % ​ ​ Netherlands ​ Azerbaijan ​ ​ Total Abu Al Bu Khoosh ​ 100.00 % ​ ​ France ​ United Arab Emirates ​ ​ Total Austral ​ 100.00 % ​ ​ France ​ Argentina ​ ​ Total Denmark ASW Pipeline ApS ​ 100.00 % ​ ​ Denmark ​ Denmark ​ ​ Total Dolphin Midstream ​ 100.00 % ​ ​ France ​ France ​ ​ Total E&P Absheron B.V. ​ 100.00 % ​ ​ Netherlands ​ Azerbaijan ​ ​ Total E&P Al Shaheen A/S ​ 100.00 % ​ ​ Denmark ​ Qatar ​ ​ Total E&P Algerie ​ 100.00 % ​ ​ France ​ Algeria ​ ​ Total E&P Americas, LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ Total E&P Anchor, LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ Total E&P Angola Block 15/06 ​ 100.00 % ​ ​ France ​ Angola ​ ​ Total E&P Angola Block 16 ​ 100.00 % ​ ​ France ​ Angola ​ ​ Total E&P Angola Block 16 Holdings ​ 100.00 % ​ ​ France ​ Angola ​ ​ Total E&P Angola Block 29 ​ 100.00 % ​ ​ France ​ Angola ​ ​ Total E&P Angola Block 33 ​ 100.00 % ​ ​ France ​ Angola ​ ​ Total E&P Angola Block 39 ​ 100.00 % ​ ​ France ​ Angola ​ ​ Total E&P Azerbaijan B.V. ​ 100.00 % ​ ​ Netherlands ​ Azerbaijan ​ ​ Total E&P Bolivie ​ 100.00 % ​ ​ France ​ Bolivia ​ ​ Total E&P Canada Limited ​ 100.00 % ​ ​ Canada ​ Canada ​ ​ Total E&P Chine ​ 100.00 % ​ ​ France ​ China ​ ​ Total E&P Chissonga ​ 100.00 % ​ ​ France ​ Angola ​ ​ Total E&P Colombie ​ 100.00 % ​ ​ France ​ Colombia ​ ​ Total E&P Congo ​ 85.00 % ​ ​ Congo ​ Congo ​ ​ Total E&P Cote d'Ivoire CI - 514 ​ 100.00 % ​ ​ France ​ Côte d'Ivoire ​ ​ Total E&P Cyprus B.V. ​ 100.00 % ​ ​ Netherlands ​ Cyprus ​ ​ Total E&P Dolphin Upstream ​ 100.00 % ​ ​ France ​ Qatar ​ ​ Total E&P Dunga GmbH ​ 100.00 % ​ ​ Germany ​ Kazakhstan ​ ​ Total E&P East El Burullus Offshore B.V. ​ 100.00 % ​ ​ Netherlands ​ Egypt ​ ​ Total E&P Egypt Block 2 B.V. ​ 100.00 % ​ ​ Netherlands ​ Egypt ​ ​ Total E&P Egypt Offshore Western Desert B.V. ​ 100.00 % ​ ​ Netherlands ​ Egypt ​ ​ Total E&P Egypte ​ 100.00 % ​ ​ France ​ Egypt ​ ​ Total E&P Golfe Limited ​ 100.00 % ​ ​ France ​ Qatar ​ ​ Total E&P Guyane Francaise ​ 100.00 % ​ ​ France ​ France ​ ​ Total E&P Holdings UAE B.V. ​ 100.00 % ​ ​ Netherlands ​ United Arab Emirates ​ ​ Total E&P Jack LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ Total E&P Jutland Denmark B.V. ​ 100.00 % ​ ​ Netherlands ​ Denmark ​ ​ Total E&P Kurdistan Region of Iraq (Harir) B.V. ​ 100.00 % ​ ​ Netherlands ​ Iraq ​ ​ Total E&P Kurdistan Region of Iraq (Safen) B.V. ​ 100.00 % ​ ​ Netherlands ​ Iraq ​ ​ Total E&P Kurdistan Region of Iraq (Taza) B.V. ​ 100.00 % ​ ​ Netherlands ​ Iraq ​ ​ Total E&P Kurdistan Region of Iraq B.V. ​ 100.00 % ​ ​ Netherlands ​ Iraq ​ ​ Total E&P Liban S.A.L. ​ 100.00 % ​ ​ Lebanon ​ Lebanon ​ ​ Total E&P Libye ​ 100.00 % ​ ​ France ​ Libya ​ ​ Total E&P Lower Zakum B.V. ​ 100.00 % ​ ​ Netherlands ​ United Arab Emirates ​ ​ Total E&P M2 Holdings Limited ​ 100.00 % ​ ​ South Africa ​ South Africa ​ ​ Total E&P Mauritania Block C18 B.V. ​ 100.00 % ​ ​ Netherlands ​ Mauritania ​ ​ Total E&P Mauritania Block C9 B.V. ​ 100.00 % ​ ​ Netherlands ​ Mauritania ​ ​ Total E&P Mauritania Blocks DW B.V. ​ 100.00 % ​ ​ Netherlands ​ Mauritania ​ ​ Total E&P Mauritanie ​ 100.00 % ​ ​ France ​ Mauritania ​ ​ Total E&P Mozambique B.V. ​ 100.00 % ​ ​ Netherlands ​ Mozambique ​ ​ Total E&P Myanmar ​ 100.00 % ​ ​ France ​ Myanmar ​ ​ Total E&P New Ventures Inc. ​ 100.00 % ​ ​ United States ​ United States ​ ​ Total E&P Participations Petrolieres Congo ​ 100.00 % ​ ​ Congo ​ Congo ​ ​ Total E&P Philippines B.V. ​ 100.00 % ​ ​ Netherlands ​ Philippines ​ ​ Total E&P Qatar ​ 100.00 % ​ ​ France ​ Qatar ​ ​ Total E&P RDC ​ 100.00 % ​ ​ Democratic Republic of Congo ​ Democratic Republic of Congo ​ ​ Total E&P Research & Technology USA LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ Total E&P Services China Company Limited ​ 100.00 % ​ ​ China ​ China ​ ​ Total E&P South Pars ​ 100.00 % ​ ​ France ​ Iran ​ ​ Total E&P South Sudan ​ 100.00 % ​ ​ France ​ Republic of South Sudan ​ ​ Total E&P Syrie ​ 100.00 % ​ ​ France ​ Syrian Arab Republic ​ ​ Total E&P Tajikistan B.V. ​ 100.00 % ​ ​ Netherlands ​ Tajikistan ​ ​ Total E&P Thailand ​ 100.00 % ​ ​ France ​ Thailand ​ ​ Total E&P Timan-Pechora LLC ​ 100.00 % ​ ​ Russia ​ Russia ​ ​ Total E&P UAE Unconventional Gas B.V. ​ 100.00 % ​ ​ Netherlands ​ United Arab Emirates ​ ​ Total E&P Uganda B.V. ​ 100.00 % ​ ​ Netherlands ​ Uganda ​ ​ Total E&P Umm Shaif Nasr B.V. ​ 100.00 % ​ ​ Netherlands ​ United Arab Emirates ​ ​ Total E&P US Well Containment, LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ Total E&P USA Inc. ​ 100.00 % ​ ​ United States ​ United States ​ ​ Total E&P USA Oil Shale, LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ Total E&P Waha Limited ​ 100.00 % ​ ​ Cayman Islands ​ Libya ​ ​ Total East Africa Midstream B.V. ​ 100.00 % ​ ​ Netherlands ​ Uganda ​ ​ Total Gabon ​ 58.28 % ​ ​ Gabon ​ Gabon ​ ​ Total Gass Handel Norge AS ​ 100.00 % ​ ​ Norway ​ Norway ​ ​ Total Holding Dolphin Amont ​ 100.00 % ​ ​ France ​ France ​ ​ Total Oil and Gas South America ​ 100.00 % ​ ​ France ​ France ​ ​ Total Pars LNG ​ 100.00 % ​ ​ France ​ France ​ ​ Total South Pars ​ 100.00 % ​ ​ France ​ Iran ​ ​ Total Venezuela ​ 100.00 % ​ ​ France ​ France ​ ​ TotalEnergies Denmark ASW Inc. ​ 100.00 % ​ ​ United States ​ Denmark ​ ​ TotalEnergies E&P North Sea UK Ltd ​ 100.00 % ​ ​ United Kingdom ​ United Kingdom ​ ​ TotalEnergies E&P UK Ltd ​ 100.00 % ​ ​ United Kingdom ​ United Kingdom ​ ​ TotalEnergies EP (Brunei) B.V. ​ 100.00 % ​ ​ Netherlands ​ Brunei ​ ​ TotalEnergies EP Algerie Berkine A/S ​ 100.00 % ​ ​ Denmark ​ Algeria ​ ​ TotalEnergies EP Angola ​ 100.00 % ​ ​ France ​ Angola ​ ​ TotalEnergies EP Angola Block 17.06 ​ 100.00 % ​ ​ France ​ Angola ​ ​ TotalEnergies EP Angola Block 25 ​ 100.00 % ​ ​ France ​ Angola ​ ​ TotalEnergies EP Angola Block 32 ​ 100.00 % ​ ​ France ​ Angola ​ ​ TotalEnergies EP Angola Block 40 ​ 100.00 % ​ ​ France ​ Angola ​ ​ TotalEnergies EP Angola Block 48 B.V. ​ 100.00 % ​ ​ Netherlands ​ Angola ​ ​ TotalEnergies EP Angola Blocks 20-21 ​ 100.00 % ​ ​ France ​ Angola ​ ​ TotalEnergies EP Asia Pacific Pte. Ltd ​ 100.00 % ​ ​ Singapore ​ Singapore ​ ​ TotalEnergies EP Brasil Ltda ​ 100.00 % ​ ​ Brazil ​ Brazil ​ ​ TotalEnergies EP Bulgaria B.V. ​ 100.00 % ​ ​ Netherlands ​ Bulgaria ​ ​ TotalEnergies EP Cambodge ​ 100.00 % ​ ​ France ​ Cambodia ​ ​ TotalEnergies EP Company UK Ltd ​ 100.00 % ​ ​ United Kingdom ​ United Kingdom ​ ​ TotalEnergies EP Côte d'Ivoire B.V. ​ 100.00 % ​ ​ Netherlands ​ Côte d'Ivoire ​ ​ TotalEnergies EP Côte d'Ivoire S.A.S. ​ 100.00 % ​ ​ France ​ Côte d'Ivoire ​ ​ TotalEnergies EP Danmark A/S ​ 100.00 % ​ ​ Denmark ​ Denmark ​ ​ TotalEnergies EP Danmark A/S - CPH ​ 100.00 % ​ ​ Denmark ​ Denmark ​ ​ TotalEnergies EP Europe Continentale Asie ​ 100.00 % ​ ​ United Kingdom ​ United Kingdom ​ ​ TotalEnergies EP France ​ 100.00 % ​ ​ France ​ France ​ ​ TotalEnergies EP Gastransport Nederland B.V. ​ 100.00 % ​ ​ Netherlands ​ Netherlands ​ ​ TotalEnergies EP Greece B.V. ​ 100.00 % ​ ​ Netherlands ​ Greece ​ ​ TotalEnergies EP Guyana B.V. ​ 100.00 % ​ ​ Netherlands ​ Guyana ​ ​ TotalEnergies EP Holdings Russia ​ 100.00 % ​ ​ France ​ France ​ ​ TotalEnergies EP International K1 Ltd ​ 100.00 % ​ ​ United Kingdom ​ Kenya ​ ​ TotalEnergies EP International K2 Ltd ​ 100.00 % ​ ​ United Kingdom ​ Kenya ​ ​ TotalEnergies EP International K3 Ltd ​ 100.00 % ​ ​ United Kingdom ​ Kenya ​ ​ TotalEnergies EP International Ltd ​ 100.00 % ​ ​ United Kingdom ​ Kenya ​ ​ TotalEnergies EP Iran B.V. ​ 100.00 % ​ ​ Netherlands ​ Iran ​ ​ TotalEnergies EP Iraq ​ 100.00 % ​ ​ France ​ Iraq ​ ​ TotalEnergies EP Italia S.p.A. ​ 100.00 % ​ ​ Italy ​ Italy ​ ​ TotalEnergies EP Kazakhstan ​ 100.00 % ​ ​ France ​ Kazakhstan ​ ​ TotalEnergies EP Kenya B.V. ​ 100.00 % ​ ​ Netherlands ​ Kenya ​ ​ TotalEnergies EP Malaysia ​ 100.00 % ​ ​ France ​ Malaysia ​ ​ TotalEnergies EP M'Bridge B.V. ​ 100.00 % ​ ​ Netherlands ​ Angola ​ ​ TotalEnergies EP Mexico S.A. de C.V. ​ 100.00 % ​ ​ Mexico ​ Mexico ​ ​ TotalEnergies EP Namibia B.V. ​ 100.00 % ​ ​ Netherlands ​ Namibia ​ ​ TotalEnergies EP Nederland B.V. ​ 100.00 % ​ ​ Netherlands ​ Netherlands ​ ​ TotalEnergies EP Nigeria Deepwater A Ltd ​ 100.00 % ​ ​ Nigeria ​ Nigeria ​ ​ TotalEnergies EP Nigeria Deepwater B Ltd ​ 100.00 % ​ ​ Nigeria ​ Nigeria ​ ​ TotalEnergies EP Nigeria Deepwater C Ltd ​ 100.00 % ​ ​ Nigeria ​ Nigeria ​ ​ TotalEnergies EP Nigeria Deepwater D Ltd ​ 100.00 % ​ ​ Nigeria ​ Nigeria ​ ​ TotalEnergies EP Nigeria Deepwater E Ltd ​ 100.00 % ​ ​ Nigeria ​ Nigeria ​ ​ TotalEnergies EP Nigeria Deepwater F Ltd ​ 100.00 % ​ ​ Nigeria ​ Nigeria ​ ​ TotalEnergies EP Nigeria Deepwater G Ltd ​ 100.00 % ​ ​ Nigeria ​ Nigeria ​ ​ TotalEnergies EP Nigeria Deepwater H Ltd ​ 100.00 % ​ ​ Nigeria ​ Nigeria ​ ​ TotalEnergies EP Nigeria Ltd ​ 100.00 % ​ ​ Nigeria ​ Nigeria ​ ​ TotalEnergies EP Nigeria S.A.S. ​ 100.00 % ​ ​ France ​ France ​ ​ TotalEnergies EP Norge AS ​ 100.00 % ​ ​ Norway ​ Norway ​ ​ TotalEnergies EP Oman S.A.S. ​ 100.00 % ​ ​ France ​ Oman ​ ​ TotalEnergies EP Petroleum Angola ​ 100.00 % ​ ​ France ​ Angola ​ ​ TotalEnergies EP Pipelines Danmark A/S ​ 100.00 % ​ ​ Denmark ​ Denmark ​ ​ TotalEnergies EP Profils Petroliers ​ 100.00 % ​ ​ France ​ France ​ ​ TotalEnergies EP Qatar ​ 100.00 % ​ ​ France ​ Qatar ​ ​ TotalEnergies EP Ratawi Hub ​ 100.00 % ​ ​ France ​ Iraq ​ ​ TotalEnergies EP Russie ​ 100.00 % ​ ​ France ​ Russia ​ ​ TotalEnergies EP Sao Tome and Principe B.V. ​ 100.00 % ​ ​ Netherlands ​ Angola ​ ​ TotalEnergies EP Senegal ​ 100.00 % ​ ​ France ​ Senegal ​ ​ TotalEnergies EP Services Brazil B.V. ​ 100.00 % ​ ​ Netherlands ​ Netherlands ​ ​ TotalEnergies EP South Africa B.V. ​ 100.00 % ​ ​ Netherlands ​ South Africa ​ ​ TotalEnergies EP South Africa Block 567 (Pty) Ltd ​ 100.00 % ​ ​ South Africa ​ South Africa ​ ​ TotalEnergies EP Suriname B.V. ​ 100.00 % ​ ​ Netherlands ​ Suriname ​ ​ TotalEnergies EP Venezuela B.V. ​ 100.00 % ​ ​ Netherlands ​ Venezuela ​ ​ TotalEnergies EP Well Response ​ 100.00 % ​ ​ France ​ France ​ ​ TotalEnergies EP Yemen ​ 100.00 % ​ ​ France ​ Yemen ​ ​ TotalEnergies EP Yemen Block 3 B.V. ​ 100.00 % ​ ​ Netherlands ​ Yemen ​ ​ TotalEnergies Holdings Nederland B.V. ​ 100.00 % ​ ​ Netherlands ​ Netherlands ​ ​ TotalEnergies LNG Supply Services USA ​ 100.00 % ​ ​ United States ​ United States ​ ​ TotalEnergies Nature Based Solutions ​ 100.00 % ​ ​ France ​ France ​ ​ TotalEnergies Nature Based Solutions II ​ 100.00 % ​ ​ France ​ France ​ ​ TotalEnergies Nederland Facilities Management B.V. ​ 100.00 % ​ ​ Netherlands ​ Netherlands ​ ​ TotalEnergies Offshore GB Ltd ​ 100.00 % ​ ​ United Kingdom ​ United Kingdom ​ ​ TotalEnergies Offshore UK Ltd ​ 100.00 % ​ ​ United Kingdom ​ United Kingdom ​ ​ TotalEnergies Petróleo & Gás Brasil Ltda ​ 100.00 % ​ ​ Brazil ​ Brazil ​ ​ TotalEnergies Shipping Brazil B.V. ​ 100.00 % ​ ​ Netherlands ​ Brazil ​ ​ TotalEnergies Termokarstovoye S.A.S. ​ 100.00 % ​ ​ France ​ France ​ ​ TotalEnergies Upstream Danmark A/S ​ 100.00 % ​ ​ Denmark ​ Denmark ​ ​ TotalEnergies Upstream Nigeria ​ 100.00 % ​ ​ Nigeria ​ Nigeria ​ ​ TotalEnergies Upstream UK Ltd ​ 100.00 % ​ ​ United Kingdom ​ United Kingdom ​ ​ Uintah Colorado Resources, LLC ​ 66.67 % ​ ​ United States ​ United States ​ ​ Unitah Colorado Resources II, LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ Ypergas S.A. ​ 37.33 % ​ ​ Venezuela ​ Venezuela ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Business ​ % Company ​ Country of ​ segment ​ Statutory corporate name ​ interest ​ Method ​ incorporation ​ Country of operations Integrated Gas, Renewables & Power ​ ​ ​ ​ ​ ​ Abarloar Solar S.L.U. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Abu Dhabi Gas Liquefaction Company Limited ​ 5.00 % E ​ United Arab Emirates ​ United Arab Emirates ​ ​ Adani Gas Limited AGL ​ 37.40 % E ​ India ​ India ​ ​ Adani Green Energy Ltd ​ 20.00 % E ​ India ​ India ​ ​ Adani Green Energy Twenty Three Limited ​ 50.00 % E ​ India ​ India ​ ​ Adani Total Private Limited (f) ​ 50.00 % E ​ India ​ India ​ ​ Advanced Thermal Batteries Inc. ​ 50.00 % E ​ United States ​ United States ​ ​ Aerospatiale Batteries (ASB) ​ 50.00 % E ​ France ​ France ​ ​ Aerowatt Energies ​ 65.00 % E ​ France ​ France ​ ​ Aerowatt Energies 2 ​ 51.00 % E ​ France ​ France ​ ​ Al Kharsaa Solar Holdings B.V. ​ 49.00 % E ​ Netherlands ​ Netherlands ​ ​ Alamo Solarbay S.L.U. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Albatross Software, LLC ​ 50.83 % ​ ​ United States ​ United States ​ ​ Alcad AB ​ 100.00 % ​ ​ Sweden ​ Sweden ​ ​ Alicante ​ 50.00 % E ​ France ​ France ​ ​ Alicante 2 ​ 50.00 % E ​ France ​ France ​ ​ Altergie Territoires 3 ​ 50.00 % E ​ France ​ France ​ ​ Amber Solar Power Cinco, S.L. ​ 65.00 % E ​ Spain ​ Spain ​ ​ Amber Solar Power Cuatro, S.L. ​ 65.00 % E ​ Spain ​ Spain ​ ​ Amber Solar Power Dieciseis, S.L. ​ 65.00 % E ​ Spain ​ Spain ​ ​ Amber Solar Power Diez, S.L. ​ 65.00 % E ​ Spain ​ Spain ​ ​ Amber Solar Power Nueve, S.L. ​ 65.00 % E ​ Spain ​ Spain ​ ​ Amber Solar Power Quince, S.L. ​ 65.00 % E ​ Spain ​ Spain ​ ​ Amber Solar Power Tres, S.L. ​ 65.00 % E ​ Spain ​ Spain ​ ​ Amber Solar Power Uno, S.L. ​ 65.00 % E ​ Spain ​ Spain ​ ​ Amura Solar, S.L.U. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Anayet Solar, S.L.U. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Anclote Solar, S.L.U. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Ancora Solar, S.L.U. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Andromeda Solarbay HP S.L. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Arbotante Solar, S.L.U. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Arctic LNG 2 LLC (b) ​ 21.64 % E ​ Russia ​ Russia ​ ​ Arctic Transshipment LLC (b) ​ 27.46 % E ​ Russia ​ Russia ​ ​ Armada Solar, S.L.U. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ ATJV Offshore ​ 50.00 % E ​ Singapore ​ Singapore ​ ​ Atolón Solar, S.L.U. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Auriga Generacion S.L. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Automotive Cells Company, S.E. ​ 50.00 % E ​ France ​ France ​ ​ Baser Comercializadora de Referencia ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Bassin Du Capiscol ​ 100.00 % ​ ​ France ​ France ​ ​ Beauce Oratorienne ​ 100.00 % ​ ​ France ​ France ​ ​ BioBearn S.A.S. ​ 100.00 % ​ ​ France ​ France ​ ​ BioDeac S.A.S. ​ 65.00 % E ​ France ​ France ​ ​ BioGasconha S.A.S. ​ 100.00 % ​ ​ France ​ France ​ ​ Biogaz Breuil ​ 100.00 % ​ ​ France ​ France ​ ​ Biogaz Chatillon ​ 100.00 % ​ ​ France ​ France ​ ​ Biogaz Corcelles ​ 100.00 % ​ ​ France ​ France ​ ​ Biogaz Epinay ​ 100.00 % ​ ​ France ​ France ​ ​ Biogaz Libron ​ 100.00 % ​ ​ France ​ France ​ ​ Biogaz Milhac ​ 100.00 % ​ ​ France ​ France ​ ​ Biogaz Soignolles ​ 100.00 % ​ ​ France ​ France ​ ​ Biogaz Torcy ​ 100.00 % ​ ​ France ​ France ​ ​ Biogaz Vert Le Grand ​ 100.00 % ​ ​ France ​ France ​ ​ Biogaz Viriat ​ 100.00 % ​ ​ France ​ France ​ ​ BioLoie S.A.S. ​ 55.00 % E ​ France ​ France ​ ​ BioPommeria S.A.S. ​ 100.00 % ​ ​ France ​ France ​ ​ BioQuercy S.A.S. ​ 66.00 % E ​ France ​ France ​ ​ Bioroussillon S.A.S. ​ 100.00 % ​ ​ France ​ France ​ ​ Biovilleneuvois S.A.S. ​ 100.00 % ​ ​ France ​ France ​ ​ Blue Gem Wind Limited ​ 80.00 % E ​ United Kingdom ​ United Kingdom ​ ​ Blue Raven Solar Holdings, LLC ​ 50.83 % ​ ​ United States ​ United States ​ ​ Blue Raven Solar, LLC ​ 50.83 % ​ ​ United States ​ United States ​ ​ BRS Field Ops Nevada, LLC ​ 50.83 % ​ ​ United States ​ United States ​ ​ BRS Field Ops, LLC ​ 50.83 % ​ ​ United States ​ United States ​ ​ BRS Setter, LLC ​ 50.83 % ​ ​ United States ​ United States ​ ​ BSP Class B Member HoldCo, LLC ​ 50.83 % ​ ​ United States ​ United States ​ ​ BSP Holding Company, LLC ​ 50.83 % ​ ​ United States ​ United States ​ ​ BSP II Parent, LLC ​ 50.83 % ​ ​ United States ​ United States ​ ​ Cameron LNG Holdings LLC ​ 16.60 % E ​ United States ​ United States ​ ​ Castille ​ 50.00 % E ​ France ​ France ​ ​ Cefeo Solar S.L. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Centaurus Environment S.L.U. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Centrale Eolienne De La Vallee Gentillesse ​ 74.80 % ​ ​ France ​ France ​ ​ Centrale Eolienne Ploumoguer ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Eolienne Rembercourt ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Hydrolique Alas ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Hydrolique Ardon ​ 90.00 % ​ ​ France ​ France ​ ​ Centrale Hydrolique Arvan ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Hydrolique Barbaira ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Hydrolique Bonnant ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Hydrolique Gavet ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Hydrolique La Buissiere ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Hydrolique Miage ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Hydrolique Previnquieres ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Photovoltaique De Merle Sud ​ 40.58 % E ​ France ​ France ​ ​ Centrale Solaire 2 ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire APV R&D ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Autoprod ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Beauce Val de Loire ​ 60.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Borde Blanche ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Briffaut ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Cet d'Al Gouty ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Chemin De Melette ​ 51.00 % E ​ France ​ France ​ ​ Centrale Solaire De Cazedarnes ​ 75.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Dom ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Du Centre Ouest ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Du Lavoir ​ 60.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Estarac ​ 35.00 % E ​ France ​ France ​ ​ Centrale Solaire Estarac 2 ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Forum Laudun ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Gatilles ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Golbey ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Guinots ​ 60.00 % E ​ France ​ France ​ ​ Centrale Solaire Heliovale ​ 59.63 % E ​ France ​ France ​ ​ Centrale Solaire La Potence ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire La Roquette ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire La Tastere ​ 60.00 % E ​ France ​ France ​ ​ Centrale Solaire Larampeau ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Les Cordeliers ​ 83.98 % ​ ​ France ​ France ​ ​ Centrale Solaire Les Cordeliers 2 ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Lodes ​ 50.00 % E ​ France ​ France ​ ​ Centrale Solaire Lot 1 ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Mazeran Lr ​ 50.00 % E ​ France ​ France ​ ​ Centrale Solaire Merle Sud 2 ​ 60.00 % E ​ France ​ France ​ ​ Centrale Solaire Olinoca ​ 10.00 % E ​ France ​ France ​ ​ Centrale Solaire Ombrieres Cap Agathois ​ 83.98 % ​ ​ France ​ France ​ ​ Centrale Solaire Ombrieres De Blyes ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Plateau De Pouls ​ 51.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Pouy Negue 2 ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Quinipily 2 ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Terre du Roi ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Toiture Josse ​ 60.00 % E ​ France ​ France ​ ​ Centrale Solaire TQ 2 ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire TQ1 ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Vauvoix ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Zabo 2 ​ 100.00 % ​ ​ France ​ France ​ ​ Cerezo Solar, S.L.U. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Cidra Solar, S.L.U. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Circinus Energy S.L. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Cogenra Solar, Inc. ​ 50.83 % ​ ​ United States ​ United States ​ ​ Colón LNG Marketing S. de R. L. ​ 50.00 % E ​ Panama ​ Panama ​ ​ Columba Renovables S.L.U. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Cote d'Ivoire GNL ​ 34.00 % E ​ Côte d'Ivoire ​ Côte d'Ivoire ​ ​ Cygnus Environment S.L. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ DAJA 154 ​ 100.00 % ​ ​ France ​ France ​ ​ DAJA 160 ​ 100.00 % ​ ​ France ​ France ​ ​ Danish Fields Solar, LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ ECA LNG Holdings B.V. ​ 16.60 % E ​ Netherlands ​ Netherlands ​ ​ Eclipse Solar SPA ​ 100.00 % ​ ​ Chile ​ Chile ​ ​ Edelweis Solar, S.L.U. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Energie Developpement ​ 50.00 % E ​ France ​ France ​ ​ Eole Boin ​ 100.00 % ​ ​ France ​ France ​ ​ Eole Champagne Conlinoise ​ 66.00 % E ​ France ​ France ​ ​ Eole Dadoud ​ 100.00 % ​ ​ France ​ France ​ ​ Eole Fonds Caraibes ​ 100.00 % ​ ​ France ​ France ​ ​ Eole Grand Maison ​ 100.00 % ​ ​ France ​ France ​ ​ Eole La Montagne ​ 87.60 % ​ ​ France ​ France ​ ​ Eole La Perriere S.A.R.L. ​ 100.00 % ​ ​ France ​ France ​ ​ Eole Morne Carriere ​ 100.00 % ​ ​ France ​ France ​ ​ Eole Morne Constant ​ 100.00 % ​ ​ France ​ France ​ ​ Eole Yate ​ 100.00 % ​ ​ France ​ France ​ ​ Eolmed ​ 20.00 % E ​ France ​ France ​ ​ Falcon Acquisition Holdco, Inc. ​ 50.83 % ​ ​ United States ​ United States ​ ​ Falla Solar, S.L.U. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Farm ​ 100.00 % ​ ​ France ​ France ​ ​ Fast Jung KB ​ 100.00 % ​ ​ Sweden ​ Sweden ​ ​ Fluxsol ​ 100.00 % ​ ​ France ​ France ​ ​ Fonroche Energies Renouvelables S.A.S. ​ 100.00 % ​ ​ France ​ France ​ ​ Frieman & Wolf Batterietechnick GmbH ​ 100.00 % ​ ​ Germany ​ Germany ​ ​ G.K. Succeed Tsu Haze ​ 90.00 % ​ ​ Japan ​ Japan ​ ​ Garonne-et-Canal Energies ​ 100.00 % ​ ​ France ​ France ​ ​ Gas Del Litoral SRLCV ​ 25.00 % E ​ Mexico ​ Mexico ​ ​ Gfs I Holding Company, LLC ​ 50.83 % ​ ​ United States ​ United States ​ ​ Glaciere De Palisse ​ 100.00 % ​ ​ France ​ France ​ ​ Global LNG Armateur S.A.S. ​ 100.00 % ​ ​ France ​ France ​ ​ Global LNG Downstream S.A.S. ​ 100.00 % ​ ​ France ​ France ​ ​ Global LNG North America Corporation ​ 100.00 % ​ ​ United States ​ United States ​ ​ Global LNG S.A.S. ​ 100.00 % ​ ​ France ​ France ​ ​ Go Electric ​ 100.00 % ​ ​ United States ​ United States ​ ​ Golden Fields Solar I, LLC ​ 50.83 % ​ ​ United States ​ United States ​ ​ Goodfellow Solar Construction, LLC ​ 50.83 % ​ ​ United States ​ United States ​ ​ Goodfellow Solar III, LLC ​ 50.83 % ​ ​ United States ​ United States ​ ​ Gray Whale Offshore Wind Power No.1 Co., Ltd ​ 50.00 % E ​ South Korea ​ South Korea ​ ​ Gray Whale Offshore Wind Power No.2 Co., Ltd ​ 50.00 % E ​ South Korea ​ South Korea ​ ​ Greenflex Actirent Group, S.L. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Greenflex S.A.S. ​ 100.00 % ​ ​ France ​ France ​ ​ GridVault DR1, LLC ​ 50.83 % ​ ​ United States ​ United States ​ ​ Grillete Solar, S.L.U. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ GT R4 Holding Limited ​ 50.00 % E ​ United Kingdom ​ United Kingdom ​ ​ Gulf Total Tractebel Power Company PSJC ​ 20.00 % E ​ United Arab Emirates ​ United Arab Emirates ​ ​ Hanwha Total Solar II, LLC ​ 50.00 % E ​ United States ​ United States ​ ​ Hanwha Total Solar, LLC ​ 50.00 % E ​ United States ​ United States ​ ​ Helio 100 Kw ​ 100.00 % ​ ​ France ​ France ​ ​ Helio 971 ​ 100.00 % ​ ​ France ​ France ​ ​ Helio 974 Sol 1 ​ 100.00 % ​ ​ France ​ France ​ ​ Helio 974 Toiture 2 ​ 100.00 % ​ ​ France ​ France ​ ​ Helio Fonds Caraibes ​ 100.00 % ​ ​ France ​ France ​ ​ Helio L'R ​ 100.00 % ​ ​ France ​ France ​ ​ Helio Moindah ​ 100.00 % ​ ​ France ​ France ​ ​ Helio Plaine des Gaiacs ​ 100.00 % ​ ​ France ​ France ​ ​ Helio Saint Benoit ​ 100.00 % ​ ​ France ​ France ​ ​ Helio Tontouta ​ 100.00 % ​ ​ France ​ France ​ ​ Helio Wabealo ​ 100.00 % ​ ​ France ​ France ​ ​ Helix Project III, LLC ​ 50.83 % ​ ​ United States ​ United States ​ ​ Helix Project V, LLC ​ 50.83 % ​ ​ United States ​ United States ​ ​ HETTY ​ 100.00 % ​ ​ France ​ France ​ ​ Hydro Tinee ​ 50.00 % E ​ France ​ France ​ ​ Hydromons ​ 100.00 % ​ ​ France ​ France ​ ​ Ichthys LNG PTY Limited ​ 26.00 % E ​ Australia ​ Australia ​ ​ Institut Photovoltaique D'Ile De France (IPVF) ​ 43.00 % ​ ​ France ​ France ​ ​ Ise Total Nanao Power Plant G.K. ​ 50.00 % E ​ Japan ​ Japan ​ ​ JDA Overseas Holdings, LLC ​ 50.83 % ​ ​ United States ​ United States ​ ​ Jingdan New Energy investment (Shanghai) Co. Ltd ​ 50.00 % E ​ China ​ China ​ ​ Jmcp ​ 50.05 % ​ ​ France ​ France ​ ​ JOBS Tugboat, LLC ​ 50.83 % ​ ​ United States ​ United States ​ ​ Komundo Offshore Wind Power Co., Ltd ​ 50.00 % E ​ South Korea ​ South Korea ​ ​ LA Basin Solar I, LLC ​ 50.83 % ​ ​ United States ​ United States ​ ​ La Compagnie Electrique de Bretagne ​ 100.00 % ​ ​ France ​ France ​ ​ La Metairie Neuve ​ 25.00 % E ​ France ​ France ​ ​ La Seauve ​ 40.00 % E ​ France ​ France ​ ​ Lampiris S.A. ​ 100.00 % ​ ​ Belgium ​ Belgium ​ ​ Lanuza Solar, S.L.U. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Lemoore Stratford Land Holdings IV, LLC ​ 50.83 % ​ ​ United States ​ United States ​ ​ Les Vents de la Moivre 2 ​ 100.00 % ​ ​ France ​ France ​ ​ Les Vents de la Moivre 3 ​ 100.00 % ​ ​ France ​ France ​ ​ Les Vents de la Moivre 4 ​ 100.00 % ​ ​ France ​ France ​ ​ Les Vents de la Moivre 5 ​ 100.00 % ​ ​ France ​ France ​ ​ Les Vents De Nivillac ​ 100.00 % ​ ​ France ​ France ​ ​ Leuret ​ 50.00 % E ​ France ​ France ​ ​ Lincoln Solar Star, LLC ​ 50.83 % ​ ​ United States ​ United States ​ ​ Lorca ​ 100.00 % ​ ​ France ​ France ​ ​ Luce Solar SPA ​ 100.00 % ​ ​ Chile ​ Chile ​ ​ Luminora Solar 5 ​ 65.00 % E ​ Spain ​ Spain ​ ​ Luminora Solar cuatro, S.L. ​ 65.00 % E ​ Spain ​ Spain ​ ​ Luminora Solar Dos, S.L. ​ 65.00 % E ​ Spain ​ Spain ​ ​ Luminora Solar Tres, S.L. ​ 65.00 % E ​ Spain ​ Spain ​ ​ Maenggoldo Offshore Wind Power Co., Ltd ​ 50.00 % E ​ South Korea ​ South Korea ​ ​ Margeriaz Energie ​ 100.00 % ​ ​ France ​ France ​ ​ Martianez Solar, S.L.U. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Marysville Unified School District Solar, LLC ​ 50.83 % ​ ​ United States ​ United States ​ ​ Mauricio Solar, S.L.U. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Maxeon Solar Technologies, Pte. Ltd. ​ 27.45 % E ​ Singapore ​ Singapore ​ ​ Methanergy ​ 100.00 % ​ ​ France ​ France ​ ​ Missiles & Space Batteries Limited ​ 50.00 % E ​ United Kingdom ​ United Kingdom ​ ​ Miyagi Osato Solar Park G.K. ​ 45.00 % E ​ Japan ​ Japan ​ ​ Miyako Kuzakai Solarpark G.K. ​ 50.00 % E ​ Japan ​ Japan ​ ​ Moz LNG1 Co-Financing Company ​ 26.50 % ​ ​ Mozambique ​ Mozambique ​ ​ Moz LNG1 Financing Company Ltd ​ 26.50 % ​ ​ United Arab Emirates ​ United Arab Emirates ​ ​ Moz LNG1 Holding Company Ltd ​ 26.50 % ​ ​ United Arab Emirates ​ United Arab Emirates ​ ​ Mozambique LNG Marine Terminal Company S.A. ​ 26.50 % ​ ​ Mozambique ​ Mozambique ​ ​ Mozambique MOF Company S.A. ​ 26.50 % ​ ​ Mozambique ​ Mozambique ​ ​ Mulilo Prieska PV (RF) Proprietary Limited ​ 27.00 % E ​ South Africa ​ South Africa ​ ​ Myrtle Solar, LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ National Gas Shipping Company Limited ​ 5.00 % E ​ United Arab Emirates ​ United Arab Emirates ​ ​ NEM Solar Targetco, LLC ​ 50.83 % ​ ​ United States ​ United States ​ ​ Nigeria LNG Limited ​ 15.00 % E ​ Nigeria ​ Nigeria ​ ​ Northern Lights JV DA ​ 33.33 % E ​ Norway ​ Norway ​ ​ NorthStar Energy Management Nevada, LLC ​ 50.83 % ​ ​ United States ​ United States ​ ​ NorthStar Energy Management, LLC ​ 50.83 % ​ ​ United States ​ United States ​ ​ Nouvelle Centrale Eolienne de Lastours ​ 50.00 % E ​ France ​ France ​ ​ Nuza Solar, S.L.U. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Nyk Armateur S.A.S. ​ 50.00 % E ​ France ​ France ​ ​ Oman LNG, LLC ​ 5.54 % E ​ Oman ​ Oman ​ ​ Parc Eolien De Coupru ​ 50.00 % E ​ France ​ France ​ ​ Parc Eolien Des Monts Jumeaux ​ 50.00 % E ​ France ​ France ​ ​ Parc Eolien du Vilipon ​ 50.00 % E ​ France ​ France ​ ​ Parque Fotovoltaico Alicahue Solar SPA ​ 100.00 % ​ ​ Chile ​ Chile ​ ​ Parque Fotovoltaico Santa Adriana Solar SPA ​ 100.00 % ​ ​ Chile ​ Chile ​ ​ Pilastra Solar, S.L.U. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Planta solar OPDE Andalucía 3, S.L.U. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Portalon Solar, S.L.U. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Pos Production Ii ​ 60.00 % ​ ​ France ​ France ​ ​ Pos Production Iii ​ 70.00 % ​ ​ France ​ France ​ ​ Pos Production Iv ​ 70.00 % ​ ​ France ​ France ​ ​ Pos Production V ​ 70.00 % ​ ​ France ​ France ​ ​ Postigo Solar, S.L.U. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Qatar Liquefied Gas Company Limited ​ 10.00 % E ​ Qatar ​ Qatar ​ ​ Qatar Liquefied Gas Company Limited (II) ​ 16.70 % E ​ Qatar ​ Qatar ​ ​ Quadrica ​ 51.00 % E ​ France ​ France ​ ​ Quilla Solar, S.L.U. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Rabiza Solar, S.L.U. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Recova Solar, S.L.U. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Regata Solar, S.L.U. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ RLA Solar SPA ​ 100.00 % ​ ​ Chile ​ Chile ​ ​ Rosamond Raven Holdings, LLC ​ 50.83 % ​ ​ United States ​ United States ​ ​ Saft (Zhuhai FTZ) Batteries Company Limited ​ 100.00 % ​ ​ China ​ China ​ ​ Saft (Zhuhai) Energy Storage Co ​ 100.00 % ​ ​ China ​ China ​ ​ Saft AB ​ 100.00 % ​ ​ Sweden ​ Sweden ​ ​ Saft Acquisition S.A.S. ​ 100.00 % ​ ​ France ​ France ​ ​ Saft America Inc. ​ 100.00 % ​ ​ United States ​ United States ​ ​ Saft AS ​ 100.00 % ​ ​ Norway ​ Norway ​ ​ Saft Australia PTY Limited ​ 100.00 % ​ ​ Australia ​ Australia ​ ​ Saft Batterias SL ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Saft Batterie Italia S.R.L. ​ 100.00 % ​ ​ Italy ​ Italy ​ ​ Saft Batterien GmbH ​ 100.00 % ​ ​ Germany ​ Germany ​ ​ Saft Batteries Pte Limited ​ 100.00 % ​ ​ Singapore ​ Singapore ​ ​ Saft Batteries PTY Limited ​ 100.00 % ​ ​ Australia ​ Australia ​ ​ Saft Batterijen B.V. ​ 100.00 % ​ ​ Netherlands ​ Netherlands ​ ​ Saft Do Brasil Ltda ​ 100.00 % ​ ​ Brazil ​ Brazil ​ ​ Saft EV S.A.S. ​ 100.00 % ​ ​ France ​ France ​ ​ Saft Ferak AS ​ 100.00 % ​ ​ Czech Republic ​ Czech Republic ​ ​ Saft Groupe S.A.S. ​ 100.00 % ​ ​ France ​ France ​ ​ Saft Hong Kong Limited ​ 100.00 % ​ ​ Hong Kong ​ Hong Kong ​ ​ Saft India Private Limited ​ 100.00 % ​ ​ India ​ India ​ ​ Saft Japan KK ​ 100.00 % ​ ​ Japan ​ Japan ​ ​ Saft Limited ​ 100.00 % ​ ​ United Kingdom ​ United Kingdom ​ ​ Saft LLC ​ 100.00 % ​ ​ Russia ​ Russia ​ ​ Saft Nife ME Limited ​ 100.00 % ​ ​ Cyprus ​ Cyprus ​ ​ Saft S.A.S. ​ 100.00 % ​ ​ France ​ France ​ ​ Seagreen HoldCo 1 Limited ​ 51.00 % E ​ United Kingdom ​ United Kingdom ​ ​ SGS Antelope Valley Development, LLC ​ 50.83 % ​ ​ United States ​ United States ​ ​ Shams Power Company PJSC ​ 20.00 % E ​ United Arab Emirates ​ United Arab Emirates ​ ​ Shop Renewable Energy, LLC ​ 50.83 % ​ ​ United States ​ United States ​ ​ Societe Champenoise d'Energie ​ 16.00 % E ​ France ​ France ​ ​ Societe d'exploitation de centrales photovoltaiques 1 ​ 25.47 % ​ ​ France ​ France ​ ​ Societe Economie Mixte Production Energetique Renouvelable ​ 35.92 % E ​ France ​ France ​ ​ Solar Carport NJ, LLC ​ 50.83 % ​ ​ United States ​ United States ​ ​ Solar Energies ​ 65.00 % E ​ France ​ France ​ ​ Solar Sail Commercial DevCo I, LLC ​ 50.83 % ​ ​ United States ​ United States ​ ​ Solar Sail Commercial H

Notes to the Consolidated Fin_2

Notes to the Consolidated Financial Statements - Climate change and energy transition (Details)	12 Months Ended							72 Months Ended	348 Months Ended
	Dec. 31, 2050$ / bbl	Dec. 31, 2040$ / bbl	Dec. 31, 2030$ / t	Dec. 31, 2024$ / bbl	Dec. 31, 2023$ / bbl	Dec. 31, 2022$ / bbl	Dec. 31, 2021$ / bbl$ / t	Dec. 31, 2030$ / bbl	Dec. 31, 2050$ / bbl
Statement
Break-even limit point for low break-even project							30
Period of strategic plan for climate change and energy transition							5 years
Forecast
Statement
Oil price	25	50		67	63	60		70	53.9
CO2 price | $ / t			100
Minimum
Statement
CO2 price | $ / t							40
Maximum
Statement
Price limit for low-cost upstream projects in relation to operating and investing costs							20

Changes in TotalEnergies perime

Changes in TotalEnergies perimeter - Main acquisitions and divestments (Details) - USD ($) $ in Millions	1 Months Ended
	Dec. 31, 2021	Jul. 31, 2021	Jan. 31, 2021
Total Gabon
Main acquisitions and divestments
Proportion of ownership interest held	58.00%
GIP Australia
Main acquisitions and divestments
Consideration for divestment of assets		$ 750
Adani Green Energy Limited (AGEL)
Main acquisitions and divestments
Percentage of interest acquired			20.00%
PetroCedeno
Main acquisitions and divestments
Loss on sale		$ (1,380)
Total GLNG Australia | Gladstone LNG Downstream
Main acquisitions and divestments
Proportion of ownership interest in joint venture		27.50%
Total GLNG Australia | GIP Australia | Downstream Facilities of the Gladstone LNG Project
Main acquisitions and divestments
Consideration for divestment of assets		$ 750
Period of throughput-based tolling fee		15 years
Total Venezuela | PetroCedeno | Corporation Venezonala de Petroleos
Main acquisitions and divestments
Percentage of interest sold		30.32%
Total Gabon | Perenco
Main acquisitions and divestments
Number of mature non-operated offshore fields sold	7

Business segment information -

Business segment information - Information by business segment (Details) $ in Millions	12 Months Ended
	Dec. 31, 2021USD ($)segment	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)
Business segment information
Number of business segments | segment	4
Sales	$ 205,863	$ 140,685	$ 200,316
Excise taxes	(21,229)	(20,981)	(24,067)
Revenues from sales	184,634	119,704	176,249
Operating expenses	(146,256)	(103,755)	(144,261)
Depreciation, depletion and impairment of tangible assets and mineral interests	(13,556)	(22,264)	(15,731)
Operating income	24,822	(6,315)	16,257
Net income (loss) from equity affiliates and other items	2,656	1,407	3,405
Tax on net operating income	(9,762)	(660)	(6,226)
Net operating income	17,716	(5,568)	13,436
Net cost of net debt	(1,350)	(1,768)	(1,998)
Non-controlling interests	(334)	94	(171)
NET INCOME - TotalEnergies SHARE	16,032	(7,242)	11,267
Total expenditures	16,589	15,534	19,237
Total divestments	2,933	2,455	2,060
Cash flow from operating activities	30,410	14,803	24,685
Property, plant and equipment, intangible assets, net	139,043	141,863	149,586
Investments & loans in equity affiliates	31,053	27,976	27,122
Other non-current assets	9,822	11,833	10,409
Working capital	(2,558)	(3,813)	(1,510)
Provisions and other non-current liabilities	(33,845)	(35,168)	(35,972)
Assets and liabilities classified as held for sale	338	533	794
CAPITAL EMPLOYED	143,853	143,224	150,429
Intercompany
Business segment information
Sales	(67,498)	(38,444)	(67,328)
Revenues from sales	(67,498)	(38,444)	(67,328)
Operating expenses	67,498	38,444	67,328
Integrated Gas, Renewables and Power
Business segment information
Sales	30,704	15,629	18,167
Depreciation, depletion and impairment of tangible assets and mineral interests	(1,650)	(2,312)	(1,492)
Operating income	3,350	(527)	1,184
Net income (loss) from equity affiliates and other items	2,745	794	2,330
Tax on net operating income	(602)	71	(741)
Net operating income	5,493	338	2,773
Total expenditures	6,341	6,230	7,053
Total divestments	1,350	1,152	1,108
Cash flow from operating activities	827	2,129	3,461
Property, plant and equipment, intangible assets, net	31,525	30,704	29,597
Investments & loans in equity affiliates	20,501	16,455	15,271
Other non-current assets	3,359	3,647	2,993
Working capital	5,058	(1,004)	(1,192)
Provisions and other non-current liabilities	(4,495)	(4,566)	(5,488)
Assets and liabilities classified as held for sale	30	375	368
CAPITAL EMPLOYED	55,978	45,611	41,549
Integrated Gas, Renewables and Power | Business segments and Corporate
Business segment information
Revenues from sales	34,964	17,632	20,992
Operating expenses	(29,964)	(15,847)	(18,316)
Integrated Gas, Renewables and Power | Intercompany
Business segment information
Sales	(4,260)	(2,003)	(2,825)
Exploration & Production
Business segment information
Sales	7,246	4,973	7,261
Depreciation, depletion and impairment of tangible assets and mineral interests	(9,110)	(16,998)	(11,659)
Operating income	16,310	(5,514)	10,542
Net income (loss) from equity affiliates and other items	(760)	697	610
Tax on net operating income	(7,506)	(208)	(4,572)
Net operating income	8,044	(5,025)	6,580
Total expenditures	7,276	6,782	8,992
Total divestments	894	819	368
Cash flow from operating activities	22,009	9,922	16,917
Property, plant and equipment, intangible assets, net	86,418	89,207	98,894
Investments & loans in equity affiliates	6,337	7,328	7,631
Other non-current assets	4,441	5,093	4,484
Working capital	(1,216)	1,968	2,617
Provisions and other non-current liabilities	(24,613)	(24,909)	(25,208)
Assets and liabilities classified as held for sale	308	241	426
CAPITAL EMPLOYED	71,675	78,928	88,844
Exploration & Production | Business segments and Corporate
Business segment information
Revenues from sales	42,142	23,456	38,590
Operating expenses	(16,722)	(11,972)	(16,389)
Exploration & Production | Intercompany
Business segment information
Sales	(34,896)	(18,483)	(31,329)
Refining & Chemicals
Business segment information
Sales	87,600	56,615	87,598
Excise taxes	(1,108)	(2,405)	(3,015)
Depreciation, depletion and impairment of tangible assets and mineral interests	(1,583)	(1,878)	(1,527)
Operating income	3,564	(814)	3,342
Net income (loss) from equity affiliates and other items	518	(393)	322
Tax on net operating income	(1,068)	59	(470)
Net operating income	3,014	(1,148)	3,194
Total expenditures	1,638	1,325	1,698
Total divestments	348	149	322
Cash flow from operating activities	6,473	2,438	3,837
Property, plant and equipment, intangible assets, net	11,884	12,486	12,196
Investments & loans in equity affiliates	3,729	3,638	3,787
Other non-current assets	608	791	744
Working capital	(2,558)	(264)	796
Provisions and other non-current liabilities	(3,840)	(4,658)	(3,898)
Assets and liabilities classified as held for sale		(83)
CAPITAL EMPLOYED	9,823	11,910	13,625
Refining & Chemicals | Business segments and Corporate
Business segment information
Revenues from sales	114,129	71,588	116,973
Operating expenses	(108,982)	(70,524)	(112,104)
Refining & Chemicals | Intercompany
Business segment information
Sales	(27,637)	(17,378)	(32,390)
Marketing & Services
Business segment information
Sales	80,288	63,451	87,280
Excise taxes	(20,121)	(18,576)	(21,052)
Depreciation, depletion and impairment of tangible assets and mineral interests	(1,100)	(984)	(980)
Operating income	2,359	1,441	2,052
Net income (loss) from equity affiliates and other items	108	37	101
Tax on net operating income	(738)	(515)	(598)
Net operating income	1,729	963	1,555
Total expenditures	1,242	1,052	1,374
Total divestments	319	158	249
Cash flow from operating activities	2,333	2,101	2,604
Property, plant and equipment, intangible assets, net	8,578	8,734	8,316
Investments & loans in equity affiliates	486	555	433
Other non-current assets	1,105	1,260	1,179
Working capital	378	(43)	178
Provisions and other non-current liabilities	(1,478)	(1,641)	(1,531)
CAPITAL EMPLOYED	9,069	8,865	8,575
Marketing & Services | Business segments and Corporate
Business segment information
Revenues from sales	60,618	45,232	66,887
Operating expenses	(57,159)	(42,807)	(63,855)
Marketing & Services | Intercompany
Business segment information
Sales	(451)	(357)	(659)
Corporate
Business segment information
Sales	25	17	10
Depreciation, depletion and impairment of tangible assets and mineral interests	(113)	(92)	(73)
Operating income	(761)	(901)	(863)
Net income (loss) from equity affiliates and other items	45	272	42
Tax on net operating income	152	(67)	155
Net operating income	(564)	(696)	(666)
Total expenditures	92	145	120
Total divestments	22	177	13
Cash flow from operating activities	(1,232)	(1,787)	(2,134)
Property, plant and equipment, intangible assets, net	638	732	583
Other non-current assets	309	1,042	1,009
Working capital	(4,220)	(4,470)	(3,909)
Provisions and other non-current liabilities	581	606	153
CAPITAL EMPLOYED	(2,692)	(2,090)	(2,164)
Corporate | Business segments and Corporate
Business segment information
Revenues from sales	279	240	135
Operating expenses	(927)	(1,049)	(925)
Corporate | Intercompany
Business segment information
Sales	(254)	(223)	(125)
Adjustments
Business segment information
Sales	(44)	20	(64)
Revenues from sales	(44)	20	(64)
Operating expenses	1,290	(2,502)	(140)
Depreciation, depletion and impairment of tangible assets and mineral interests	(821)	(8,952)	(920)
Operating income	425	(11,434)	(1,124)
Net income (loss) from equity affiliates and other items	(2,113)	(922)	696
Tax on net operating income	(362)	982	(209)
Net operating income	(2,050)	(11,374)	(637)
Net cost of net debt	25	(29)	(15)
Non-controlling interests	(3)	102	91
NET INCOME - TotalEnergies SHARE	(2,028)	(11,301)	(561)
Adjustments | Integrated Gas, Renewables and Power
Business segment information
Sales	(44)	20	(64)
Depreciation, depletion and impairment of tangible assets and mineral interests	(342)	(953)	(156)
Operating income	(657)	(1,356)	(460)
Net income (loss) from equity affiliates and other items	(215)	(382)	974
Tax on net operating income	122	298	(130)
Net operating income	(750)	(1,440)	384
NET INCOME - TotalEnergies SHARE	(739)	(1,415)	481
Adjustments | Integrated Gas, Renewables and Power | Business segments and Corporate
Business segment information
Revenues from sales	(44)	20	(64)
Operating expenses	(271)	(423)	(240)
Adjustments | Exploration & Production
Business segment information
Depreciation, depletion and impairment of tangible assets and mineral interests	(418)	(7,693)	(721)
Operating income	(605)	(7,830)	(866)
Net income (loss) from equity affiliates and other items	(1,839)	54	(112)
Tax on net operating income	49	388	49
Net operating income	(2,395)	(7,388)	(929)
NET INCOME - TotalEnergies SHARE	(2,352)	(7,357)	(940)
Adjustments | Exploration & Production | Business segments and Corporate
Business segment information
Operating expenses	(187)	(137)	(145)
Adjustments | Refining & Chemicals
Business segment information
Depreciation, depletion and impairment of tangible assets and mineral interests	(25)	(306)	(41)
Operating income	1,445	(1,858)	356
Net income (loss) from equity affiliates and other items	56	(677)	(83)
Tax on net operating income	(396)	348	(82)
Net operating income	1,105	(2,187)	191
NET INCOME - TotalEnergies SHARE	1,086	(2,181)	189
Adjustments | Refining & Chemicals | Business segments and Corporate
Business segment information
Operating expenses	1,470	(1,552)	397
Adjustments | Marketing & Services
Business segment information
Depreciation, depletion and impairment of tangible assets and mineral interests	(36)		(2)
Operating income	242	(330)	(42)
Net income (loss) from equity affiliates and other items	(61)	(24)	(83)
Tax on net operating income	(70)	93	27
Net operating income	111	(261)	(98)
NET INCOME - TotalEnergies SHARE	98	(228)	(106)
Adjustments | Marketing & Services | Business segments and Corporate
Business segment information
Operating expenses	278	(330)	(40)
Adjustments | Corporate
Business segment information
Operating income		(60)	(112)
Net income (loss) from equity affiliates and other items	(54)	107
Tax on net operating income	(67)	(145)	(73)
Net operating income	(121)	(98)	(185)
NET INCOME - TotalEnergies SHARE	(121)	(120)	(185)
Adjustments | Corporate | Business segments and Corporate
Business segment information
Operating expenses		(60)	(112)
Adjustments - Inventory valuation effect
Business segment information
Operating income	1,796	(1,440)	446
NET INCOME - TotalEnergies SHARE	1,495	(1,280)	346
CAPITAL EMPLOYED	(2,040)	(607)	(1,601)
Adjustments - Inventory valuation effect | Refining & Chemicals
Business segment information
Operating income	1,481	(1,244)	477
Net operating income	1,296	(1,165)	371
NET INCOME - TotalEnergies SHARE	1,277	(1,160)	369
CAPITAL EMPLOYED	(1,754)	(535)	(1,397)
Adjustments - Inventory valuation effect | Marketing & Services
Business segment information
Operating income	315	(196)	(31)
Net operating income	236	(137)	(14)
NET INCOME - TotalEnergies SHARE	218	(120)	(23)
CAPITAL EMPLOYED	(286)	(72)	(204)
ADJUSTED
Business segment information
Sales	205,907	140,665	200,380
Excise taxes	(21,229)	(20,981)	(24,067)
Revenues from sales	184,678	119,684	176,313
Operating expenses	(147,546)	(101,253)	(144,121)
Depreciation, depletion and impairment of tangible assets and mineral interests	(12,735)	(13,312)	(14,811)
Operating income	24,397	5,119	17,381
Net income (loss) from equity affiliates and other items	4,769	2,329	2,709
Tax on net operating income	(9,400)	(1,642)	(6,017)
Net operating income	19,766	5,806	14,073
Net cost of net debt	(1,375)	(1,739)	(1,983)
Non-controlling interests	(331)	(8)	(262)
NET INCOME - TotalEnergies SHARE	18,060	4,059	11,828
CAPITAL EMPLOYED	$ 141,813	$ 142,617	$ 148,828
ROACE as a percentage	14.00%	4.00%	10.00%
ADJUSTED | Intercompany
Business segment information
Sales	$ (67,498)	$ (38,444)	$ (67,328)
Revenues from sales	(67,498)	(38,444)	(67,328)
Operating expenses	67,498	38,444	67,328
ADJUSTED | Integrated Gas, Renewables and Power
Business segment information
Sales	30,748	15,609	18,231
Depreciation, depletion and impairment of tangible assets and mineral interests	(1,308)	(1,359)	(1,336)
Operating income	4,007	829	1,644
Net income (loss) from equity affiliates and other items	2,960	1,176	1,356
Tax on net operating income	(724)	(227)	(611)
Net operating income	6,243	1,778	2,389
CAPITAL EMPLOYED	$ 55,978	$ 45,611	$ 41,549
ROACE as a percentage	12.00%	4.00%	6.00%
ADJUSTED | Integrated Gas, Renewables and Power | Business segments and Corporate
Business segment information
Revenues from sales	$ 35,008	$ 17,612	$ 21,056
Operating expenses	(29,693)	(15,424)	(18,076)
ADJUSTED | Integrated Gas, Renewables and Power | Intercompany
Business segment information
Sales	(4,260)	(2,003)	(2,825)
ADJUSTED | Exploration & Production
Business segment information
Sales	7,246	4,973	7,261
Depreciation, depletion and impairment of tangible assets and mineral interests	(8,692)	(9,305)	(10,938)
Operating income	16,915	2,316	11,408
Net income (loss) from equity affiliates and other items	1,079	643	722
Tax on net operating income	(7,555)	(596)	(4,621)
Net operating income	10,439	2,363	7,509
CAPITAL EMPLOYED	$ 71,675	$ 78,928	$ 88,844
ROACE as a percentage	14.00%	3.00%	8.00%
ADJUSTED | Exploration & Production | Business segments and Corporate
Business segment information
Revenues from sales	$ 42,142	$ 23,456	$ 38,590
Operating expenses	(16,535)	(11,835)	(16,244)
ADJUSTED | Exploration & Production | Intercompany
Business segment information
Sales	(34,896)	(18,483)	(31,329)
ADJUSTED | Refining & Chemicals
Business segment information
Sales	87,600	56,615	87,598
Excise taxes	(1,108)	(2,405)	(3,015)
Depreciation, depletion and impairment of tangible assets and mineral interests	(1,558)	(1,572)	(1,486)
Operating income	2,119	1,044	2,986
Net income (loss) from equity affiliates and other items	462	284	405
Tax on net operating income	(672)	(289)	(388)
Net operating income	1,909	1,039	3,003
CAPITAL EMPLOYED	$ 8,069	$ 11,375	$ 12,228
ROACE as a percentage	20.00%	9.00%	26.00%
ADJUSTED | Refining & Chemicals | Business segments and Corporate
Business segment information
Revenues from sales	$ 114,129	$ 71,588	$ 116,973
Operating expenses	(110,452)	(68,972)	(112,501)
ADJUSTED | Refining & Chemicals | Intercompany
Business segment information
Sales	(27,637)	(17,378)	(32,390)
ADJUSTED | Marketing & Services
Business segment information
Sales	80,288	63,451	87,280
Excise taxes	(20,121)	(18,576)	(21,052)
Depreciation, depletion and impairment of tangible assets and mineral interests	(1,064)	(984)	(978)
Operating income	2,117	1,771	2,094
Net income (loss) from equity affiliates and other items	169	61	184
Tax on net operating income	(668)	(608)	(625)
Net operating income	1,618	1,224	1,653
CAPITAL EMPLOYED	$ 8,783	$ 8,793	$ 8,371
ROACE as a percentage	18.00%	14.00%	22.00%
ADJUSTED | Marketing & Services | Business segments and Corporate
Business segment information
Revenues from sales	$ 60,618	$ 45,232	$ 66,887
Operating expenses	(57,437)	(42,477)	(63,815)
ADJUSTED | Marketing & Services | Intercompany
Business segment information
Sales	(451)	(357)	(659)
ADJUSTED | Corporate
Business segment information
Sales	25	17	10
Depreciation, depletion and impairment of tangible assets and mineral interests	(113)	(92)	(73)
Operating income	(761)	(841)	(751)
Net income (loss) from equity affiliates and other items	99	165	42
Tax on net operating income	219	78	228
Net operating income	(443)	(598)	(481)
CAPITAL EMPLOYED	(2,692)	(2,090)	(2,164)
ADJUSTED | Corporate | Business segments and Corporate
Business segment information
Revenues from sales	279	240	135
Operating expenses	(927)	(989)	(813)
ADJUSTED | Corporate | Intercompany
Business segment information
Sales	$ (254)	$ (223)	$ (125)

Business segment information _2

Business segment information - Reconciliation with consolidated financial statements (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Business segment information
Sales	$ 205,863	$ 140,685	$ 200,316
Excise taxes	(21,229)	(20,981)	(24,067)
Revenues from sales	184,634	119,704	176,249
Purchases, net of inventory variation	(118,622)	(77,486)	(116,221)
Other operating expenses	(26,894)	(25,538)	(27,255)
Exploration costs	(740)	(731)	(785)
Depreciation, depletion and impairment of tangible assets and mineral interests	(13,556)	(22,264)	(15,731)
Other income	1,312	2,237	1,163
Other expense	(2,317)	(1,506)	(1,192)
Financial interest on debt	(1,904)	(2,147)	(2,333)
Financial income and expense from cash & cash equivalents	379	37	(19)
Cost of net debt	(1,525)	(2,110)	(2,352)
Other financial income	762	914	792
Other financial expense	(539)	(690)	(764)
Net income (loss) from equity affiliates	3,438	452	3,406
Income taxes	(9,587)	(318)	(5,872)
CONSOLIDATED NET INCOME	16,366	(7,336)	11,438
TotalEnergies share	16,032	(7,242)	11,267
Non-controlling interests	334	(94)	171
ADJUSTED
Business segment information
Sales	205,907	140,665	200,380
Excise taxes	(21,229)	(20,981)	(24,067)
Revenues from sales	184,678	119,684	176,313
Purchases, net of inventory variation	(120,160)	(75,672)	(116,464)
Other operating expenses	(26,754)	(24,850)	(26,872)
Exploration costs	(632)	(731)	(785)
Depreciation, depletion and impairment of tangible assets and mineral interests	(12,735)	(13,312)	(14,811)
Other income	1,300	1,405	876
Other expense	(944)	(689)	(455)
Financial interest on debt	(1,904)	(2,140)	(2,318)
Financial income and expense from cash & cash equivalents	340	68	(19)
Cost of net debt	(1,564)	(2,072)	(2,337)
Other financial income	762	914	792
Other financial expense	(539)	(689)	(764)
Net income (loss) from equity affiliates	4,190	1,388	2,260
Income taxes	(9,211)	(1,309)	(5,663)
CONSOLIDATED NET INCOME	18,391	4,067	12,090
TotalEnergies share	18,060	4,059	11,828
Non-controlling interests	331	8	262
Adjustments
Business segment information
Sales	(44)	20	(64)
Revenues from sales	(44)	20	(64)
Purchases, net of inventory variation	1,538	(1,814)	243
Other operating expenses	(140)	(688)	(383)
Exploration costs	(108)
Depreciation, depletion and impairment of tangible assets and mineral interests	(821)	(8,952)	(920)
Other income	12	832	287
Other expense	(1,373)	(817)	(737)
Financial interest on debt		(7)	(15)
Financial income and expense from cash & cash equivalents	39	(31)
Cost of net debt	39	(38)	(15)
Other financial expense		(1)
Net income (loss) from equity affiliates	(752)	(936)	1,146
Income taxes	(376)	991	(209)
CONSOLIDATED NET INCOME	(2,025)	(11,403)	(652)
TotalEnergies share	(2,028)	(11,301)	(561)
Non-controlling interests	$ 3	$ (102)	$ (91)

Business segment information _3

Business segment information - Adjustment items (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Business segment information
Operating income	$ 24,822	$ (6,315)	$ 16,257
NET INCOME - TotalEnergies SHARE	16,032	(7,242)	11,267
Adjustments
Business segment information
Operating income	425	(11,434)	(1,124)
NET INCOME - TotalEnergies SHARE	(2,028)	(11,301)	(561)
Adjustments - Inventory valuation effect
Business segment information
Operating income	1,796	(1,440)	446
NET INCOME - TotalEnergies SHARE	1,495	(1,280)	346
Adjustments - Effect of changes in fair value
Business segment information
Operating income	(217)	20	(19)
NET INCOME - TotalEnergies SHARE	(194)	23	(15)
Adjustments - Restructuring charges
Business segment information
Operating income	(86)	(104)	(4)
NET INCOME - TotalEnergies SHARE	(308)	(364)	(58)
Adjustments - Asset impairment charges
Business segment information
Operating income	(759)	(8,952)	(920)
NET INCOME - TotalEnergies SHARE	(910)	(8,465)	(465)
Adjustments - Asset impairment charges | Myanmar
Business segment information
Operating income	(201)
NET INCOME - TotalEnergies SHARE	(305)
Adjustments - Gains (losses) on disposals of assets
Business segment information
Operating income	(170)
NET INCOME - TotalEnergies SHARE	(1,726)	104
Adjustments - Gains (losses) on disposals of assets | PetroCedeno
Business segment information
NET INCOME - TotalEnergies SHARE	(1,379)
Adjustments - Other items
Business segment information
Operating income	(139)	(958)	(627)
NET INCOME - TotalEnergies SHARE	(385)	(1,319)	(369)
Integrated Gas, Renewables and Power
Business segment information
Operating income	3,350	(527)	1,184
Integrated Gas, Renewables and Power | Adjustments
Business segment information
Operating income	(657)	(1,356)	(460)
NET INCOME - TotalEnergies SHARE	(739)	(1,415)	481
Integrated Gas, Renewables and Power | Adjustments - Effect of changes in fair value
Business segment information
Operating income	(217)	20	(19)
NET INCOME - TotalEnergies SHARE	(194)	23	(15)
Integrated Gas, Renewables and Power | Adjustments - Restructuring charges
Business segment information
Operating income	(17)	(39)	(4)
NET INCOME - TotalEnergies SHARE	(17)	(43)	(31)
Integrated Gas, Renewables and Power | Adjustments - Asset impairment charges
Business segment information
Operating income	(342)	(953)	(156)
NET INCOME - TotalEnergies SHARE	(332)	(829)	105
Integrated Gas, Renewables and Power | Adjustments - Other items
Business segment information
Operating income	(81)	(384)	(281)
NET INCOME - TotalEnergies SHARE	(196)	(566)	422
Exploration & Production
Business segment information
Operating income	16,310	(5,514)	10,542
Exploration & Production | Adjustments
Business segment information
Operating income	(605)	(7,830)	(866)
NET INCOME - TotalEnergies SHARE	(2,352)	(7,357)	(940)
Exploration & Production | Adjustments - Restructuring charges
Business segment information
Operating income	(59)	(35)
NET INCOME - TotalEnergies SHARE	(75)	(29)	(5)
Exploration & Production | Adjustments - Asset impairment charges
Business segment information
Operating income	(356)	(7,693)	(721)
NET INCOME - TotalEnergies SHARE	(500)	(7,328)	(530)
Exploration & Production | Adjustments - Gains (losses) on disposals of assets
Business segment information
Operating income	(170)
NET INCOME - TotalEnergies SHARE	(1,726)
Exploration & Production | Adjustments - Other items
Business segment information
Operating income	(20)	(102)	(145)
NET INCOME - TotalEnergies SHARE	(51)		(405)
Refining & Chemicals
Business segment information
Operating income	3,564	(814)	3,342
Refining & Chemicals | Adjustments
Business segment information
Operating income	1,445	(1,858)	356
NET INCOME - TotalEnergies SHARE	1,086	(2,181)	189
Refining & Chemicals | Adjustments - Inventory valuation effect
Business segment information
Operating income	1,481	(1,244)	477
NET INCOME - TotalEnergies SHARE	1,277	(1,160)	369
Refining & Chemicals | Adjustments - Restructuring charges
Business segment information
Operating income	(10)	(30)
NET INCOME - TotalEnergies SHARE	(118)	(292)	(22)
Refining & Chemicals | Adjustments - Asset impairment charges
Business segment information
Operating income	(25)	(306)	(41)
NET INCOME - TotalEnergies SHARE	(42)	(306)	(39)
Refining & Chemicals | Adjustments - Other items
Business segment information
Operating income	(1)	(278)	(80)
NET INCOME - TotalEnergies SHARE	(31)	(423)	(119)
Marketing & Services
Business segment information
Operating income	2,359	1,441	2,052
Marketing & Services | Adjustments
Business segment information
Operating income	242	(330)	(42)
NET INCOME - TotalEnergies SHARE	98	(228)	(106)
Marketing & Services | Adjustments - Inventory valuation effect
Business segment information
Operating income	315	(196)	(31)
NET INCOME - TotalEnergies SHARE	218	(120)	(23)
Marketing & Services | Adjustments - Restructuring charges
Business segment information
NET INCOME - TotalEnergies SHARE	(44)
Marketing & Services | Adjustments - Asset impairment charges
Business segment information
Operating income	(36)		(2)
NET INCOME - TotalEnergies SHARE	(36)	(2)	(1)
Marketing & Services | Adjustments - Other items
Business segment information
Operating income	(37)	(134)	(9)
NET INCOME - TotalEnergies SHARE	(40)	(106)	(82)
Corporate
Business segment information
Operating income	(761)	(901)	(863)
Corporate | Adjustments
Business segment information
Operating income		(60)	(112)
NET INCOME - TotalEnergies SHARE	(121)	(120)	(185)
Corporate | Adjustments - Restructuring charges
Business segment information
NET INCOME - TotalEnergies SHARE	(54)
Corporate | Adjustments - Gains (losses) on disposals of assets
Business segment information
NET INCOME - TotalEnergies SHARE		104
Corporate | Adjustments - Other items
Business segment information
Operating income		(60)	(112)
NET INCOME - TotalEnergies SHARE	$ (67)	$ (224)	$ (185)

Business segment information _4

Business segment information - Asset impairment (Details) $ in Millions	12 Months Ended									72 Months Ended	192 Months Ended	216 Months Ended	348 Months Ended
	Dec. 31, 2050$ / MMBTU$ / bbl	Dec. 31, 2040$ / bbl	Dec. 31, 2030$ / t	Dec. 31, 2024$ / MMBTU$ / bbl	Dec. 31, 2023$ / MMBTU$ / bbl	Dec. 31, 2022$ / MMBTU$ / bbl	Dec. 31, 2021USD ($)$ / t$ / bbl	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)	Dec. 31, 2030$ / bbl	Dec. 31, 2040$ / MMBTU	Dec. 31, 2040$ / MMBTU	Dec. 31, 2050$ / bbl
Asset impairment
Asset impairments recorded in operating result							$ (759)	$ (8,952)	$ (920)
Asset impairments recorded in net result, TotalEnergies share							$ (910)	(8,465)	$ (465)
Impairment excluding additional exceptional assets impairment in operating income								(3,492)
Impairment excluding additional exceptional assets impairment in net income, TotalEnergies share								$ (2,991)
Post-tax discount rate (as a percent)							7.00%	7.00%	7.00%
Period of reserves for qualification of assets as stranded								20 years
Minimum
Asset impairment
CO2 price | $ / t							40
Pre-tax discount rate (as a percent)							7.00%
Maximum
Asset impairment
Pre-tax discount rate (as a percent)							14.00%
Forecast
Asset impairment
Oil price | $ / bbl	25	50		67	63	60				70			53.9
CO2 price | $ / t			100
Annual percentage of inflation			2.00%
Forecast | Europe
Asset impairment
Gas price | $ / MMBTU	3.7			7.5	8.8	10					6.3
Forecast | United States
Asset impairment
Gas price | $ / MMBTU	2.1					2.5						2.7
Forecast | Asia
Asset impairment
Gas price | $ / MMBTU	4.4			9.6	10.5	11.5					8.6
Canadian oil sands
Asset impairment
Asset impairments recorded in net result, TotalEnergies share								$ (6,988)
Additional exceptional assets impairment in operating income								(5,460)
Additional exceptional assets impairment in net income, TotalEnergies share								$ (5,474)
Exploration & Production
Asset impairment
Asset impairments recorded in operating result							$ (356)
Asset impairments recorded in net result, TotalEnergies share							$ (500)
Exploration & Production | Discount rate
Asset impairment
Reasonably possible decrease in key assumption (as a percent)							1.00%
Impact on operating income from decrease in key assumption							$ 0
Impact on net income, TotalEnergies share, from decrease in key assumption							$ 0
Reasonably possible increase in assumption (as a percent)							1.00%
Impact on operating income from increase in key assumption							$ (300)
Impact on net income, TotalEnergies share, from increase in key assumption							$ (300)
Exploration & Production | Oil and gas prices | Sensitivity scenario one
Asset impairment
Reasonably possible decrease in key assumption (as a percent)							10.00%
Oil price in sensitivity scenario | $ / bbl							48
Impact on operating income from decrease in key assumption							$ (1,300)
Impact on net income, TotalEnergies share, from decrease in key assumption							$ (900)
Exploration & Production | Oil and gas prices | Sensitivity scenario two
Asset impairment
Reasonably possible decrease in key assumption (as a percent)							20.00%
Oil price in sensitivity scenario | $ / bbl							43
Impact on operating income from decrease in key assumption							$ (4,600)
Impact on net income, TotalEnergies share, from decrease in key assumption							$ (3,300)
Exploration & Production | CO2 prices
Asset impairment
CO2 price in sensitivity scenario | $ / t							100
Impact on operating income from change in key assumption							$ (200)
Impact on net income, TotalEnergies share, from change in key assumption							(100)
Integrated Gas, Renewables and Power
Asset impairment
Asset impairments recorded in operating result							(342)
Asset impairments recorded in net result, TotalEnergies share							$ (332)
Integrated Gas, Renewables and Power | Discount rate
Asset impairment
Reasonably possible decrease in key assumption (as a percent)							1.00%
Impact on operating income from decrease in key assumption							$ 100
Impact on net income, TotalEnergies share, from decrease in key assumption							$ 0
Reasonably possible increase in assumption (as a percent)							1.00%
Impact on operating income from increase in key assumption							$ (400)
Impact on net income, TotalEnergies share, from increase in key assumption							$ (300)
Integrated Gas, Renewables and Power | Oil and gas prices | Sensitivity scenario one
Asset impairment
Reasonably possible decrease in key assumption (as a percent)							10.00%
Impact on operating income from decrease in key assumption							$ (1,600)
Impact on net income, TotalEnergies share, from decrease in key assumption							$ (1,300)
Integrated Gas, Renewables and Power | Oil and gas prices | Sensitivity scenario two
Asset impairment
Reasonably possible decrease in key assumption (as a percent)							20.00%
Impact on operating income from decrease in key assumption							$ (3,800)
Impact on net income, TotalEnergies share, from decrease in key assumption							$ (4,100)
Integrated Gas, Renewables and Power | CO2 prices
Asset impairment
CO2 price in sensitivity scenario | $ / t							100
Impact on operating income from change in key assumption							$ (100)
Impact on net income, TotalEnergies share, from change in key assumption							0
Refining & Chemicals
Asset impairment
Asset impairments recorded in operating result							(25)
Asset impairments recorded in net result, TotalEnergies share							$ (42)
Refining & Chemicals | Discount rate
Asset impairment
Reasonably possible increase in assumption (as a percent)							1.00%
Impact on operating income from increase in key assumption							$ (100)
Impact on net income, TotalEnergies share, from increase in key assumption							$ (100)
Refining & Chemicals | Refining margins
Asset impairment
Reasonably possible decrease in key assumption (as a percent)							10.00%
Impact on operating income from decrease in key assumption							$ (600)
Impact on net income, TotalEnergies share, from decrease in key assumption							(600)
Marketing & Services
Asset impairment
Asset impairments recorded in operating result							(36)
Asset impairments recorded in net result, TotalEnergies share							$ (36)

Segment Information by geogra_3

Segment Information by geographical area (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Segment information by geographical area
Non-Group sales	$ 205,863	$ 140,685	$ 200,316
Property, plant and equipment, intangible assets, net	139,043	141,863	149,586
Capital expenditures	16,589	15,534	19,237
France
Segment information by geographical area
Non-Group sales	43,316	32,748	43,877
Property, plant and equipment, intangible assets, net	14,204	14,555	13,212
Capital expenditures	2,157	2,044	1,979
Rest of Europe
Segment information by geographical area
Non-Group sales	85,072	67,292	99,176
Property, plant and equipment, intangible assets, net	29,660	30,932	28,765
Capital expenditures	3,027	3,165	3,201
North America
Segment information by geographical area
Non-Group sales	22,998	13,258	19,946
Property, plant and equipment, intangible assets, net	12,229	11,891	18,916
Capital expenditures	1,680	899	1,748
Africa
Segment information by geographical area
Non-Group sales	19,520	16,011	21,303
Property, plant and equipment, intangible assets, net	41,593	43,087	45,573
Capital expenditures	3,696	3,816	7,663
Rest of the world
Segment information by geographical area
Non-Group sales	34,957	11,376	16,014
Property, plant and equipment, intangible assets, net	41,357	41,398	43,120
Capital expenditures	$ 6,029	$ 5,610	$ 4,646

Main items related to operati_3

Main items related to operating activities - Operating expenses, research and development costs (Details) $ in Millions	12 Months Ended
	Dec. 31, 2021USD ($)employee	Dec. 31, 2020USD ($)employee	Dec. 31, 2019USD ($)employee
Main items related to operating activities
Purchases, net of inventory variation	$ (118,622)	$ (77,486)	$ (116,221)
Exploration costs	(740)	(731)	(785)
Other operating expenses	(26,894)	(25,538)	(27,255)
Other operating expenses, Non-current operating liabilities (allowances) reversals	1,299	778	1,152
Other operating expenses, Current operating liabilities (allowances) reversals	(30)	(77)	(157)
OPERATING EXPENSES	(146,256)	(103,755)	(144,261)
Research and development costs	$ 824	$ 895	$ 968
Research and development costs as a percentage of sales	0.40%
Number of staff dedicated to research and development activities | employee	3,830	4,088	4,339

Main items related to operati_4

Main items related to operating activities - Amortization, depreciation and impairment (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Main items related to operating activities
Amortization, depreciation and impairment of tangible assets and mineral interests	$ (13,556)	$ (22,264)	$ (15,731)
Tangible assets
Main items related to operating activities
Amortization, depreciation and impairment of tangible assets and mineral interests	(12,683)	(21,188)	(14,640)
Mineral assets
Main items related to operating activities
Amortization, depreciation and impairment of tangible assets and mineral interests	$ (873)	$ (1,076)	$ (1,091)

Main items related to operati_5

Main items related to operating activities - Inventories, Components (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Inventories
Crude oil and natural gas	$ 3,214	$ 1,817	$ 2,367
Refined products	5,361	3,845	5,281
Chemicals products	1,421	1,228	1,357
Trading inventories	6,501	5,130	5,500
Other inventories	3,455	2,710	2,627
TOTAL	19,952	14,730	17,132
Gross value/Cost
Inventories
Crude oil and natural gas	3,221	1,818	2,381
Refined products	5,411	3,913	5,326
Chemicals products	1,519	1,330	1,448
Trading inventories	6,501	5,130	5,500
Other inventories	4,538	3,824	3,651
TOTAL	21,190	16,015	18,306
Valuation allowance/Cumulative impairments
Inventories
Crude oil and natural gas	(7)	(1)	(14)
Refined products	(50)	(68)	(45)
Chemicals products	(98)	(102)	(91)
Other inventories	(1,083)	(1,114)	(1,024)
TOTAL	$ (1,238)	$ (1,285)	$ (1,174)	$ (1,343)
Refining & Chemicals
Main items related to operating activities
Turnover period for petroleum product inventories	2 months

Main items related to operati_6

Main items related to operating activities - Inventories, Valuation Allowance (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Changes in the valuation allowance on inventories
Balance as of the beginning of the period	$ 14,730	$ 17,132
Balance as of the end of the period	19,952	14,730	$ 17,132
Valuation allowance/Cumulative impairments
Changes in the valuation allowance on inventories
Balance as of the beginning of the period	(1,285)	(1,174)	(1,343)
Increase (net)	(36)	(85)	205
Currency translation adjustment and other variations	83	(26)	(36)
Balance as of the end of the period	$ (1,238)	$ (1,285)	$ (1,174)

Main items related to operati_7

Main items related to operating activities - Accounts receivable and other current assets (Details) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Main items related to operating activities
Accounts receivable	$ 21,983	$ 14,068	$ 18,488
Recoverable taxes	3,659	3,531	4,114
Other operating receivables	29,553	8,043	11,506
Prepaid expenses	1,879	1,801	1,336
Other current assets	53	53	57
Other current assets	35,144	13,428	17,013
Gross value/Cost
Main items related to operating activities
Accounts receivable	22,776	14,899	19,162
Recoverable taxes	3,713	3,598	4,209
Other operating receivables	29,767	8,251	11,746
Prepaid expenses	1,879	1,801	1,336
Other current assets	53	53	57
Other current assets	35,412	13,703	17,348
Valuation allowance/Cumulative impairments
Main items related to operating activities
Accounts receivable	(793)	(831)	(674)
Recoverable taxes	(54)	(67)	(95)
Other operating receivables	(214)	(208)	(240)
Other current assets	$ (268)	$ (275)	$ (335)

Main items related to operati_8

Main items related to operating activities - Valuation allowances and overdue receivables (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Main items related to operating activities
Overdue receivables	$ 4,482	$ 4,197	$ 3,760
Due in less than 90 days
Main items related to operating activities
Overdue receivables	2,844	2,140	2,089
Due between 90 days and 6 months
Main items related to operating activities
Overdue receivables	260	239	357
Due between 6 and 12 months
Main items related to operating activities
Overdue receivables	556	553	402
Due after 12 months
Main items related to operating activities
Overdue receivables	823	1,265	912
Accounts receivable
Changes in the valuation allowance on "Accounts receivable" and "Other current assets"
Valuation allowance as of the beginning of the period	(831)	(674)	(624)
Increase (net)	(24)	(107)	(89)
Currency translation adjustments and other variations	62	(50)	39
Valuation allowance as of the end of the period	(793)	(831)	(674)
Other current assets
Changes in the valuation allowance on "Accounts receivable" and "Other current assets"
Valuation allowance as of the beginning of the period	(275)	(335)	(573)
Increase (net)	(10)	37	(46)
Currency translation adjustments and other variations	17	23	284
Valuation allowance as of the end of the period	$ (268)	$ (275)	$ (335)

Main items related to operati_9

Main items related to operating activities - Other creditors and accrued liabilities (Details) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Other creditors and accrued liabilities
Accruals and deferred income	$ 3,744	$ 842	$ 522
Payable to States (including taxes and duties)	10,281	5,734	7,438
Payroll	1,481	1,587	1,527
Other operating liabilities	27,294	14,302	16,262
Other creditors and accrued liabilities	42,800	22,465	25,749
Interim dividend payable, second quarter	1,974	2,129	1,918
Interim dividend payable, third quarter	$ 1,948	$ 2,149	$ 2,038

Main items related to operat_10

Main items related to operating activities - Cash flow from operating activities (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Detail of interest, taxes and dividends
Interests paid	$ (1,886)	$ (2,145)	$ (2,181)
Interests received	284	197	210
Income tax paid	(4,508)	(2,858)	(5,293)
Dividends received	2,346	1,444	1,988
Detail of changes in working capital
Inventories	(5,903)	2,274	(2,071)
Accounts receivable	(6,788)	4,818	(933)
Other current assets	(21,026)	3,374	(2,001)
Accounts payable	12,073	(5,355)	1,998
Other creditors and accrued liabilities	21,028	(3,242)	1,289
NET AMOUNT, DECREASE (INCREASE)	(616)	1,869	(1,718)
Detail of changes in provisions and deferred taxes
Accruals	(467)	350	403
Deferred taxes	1,429	(2,132)	(461)
TOTAL	$ 962	$ (1,782)	$ (58)

Other items from operating ac_3

Other items from operating activities - Other income and other expense (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Other items from operating activities
Gains on disposal of assets	$ 890	$ 961	$ 670
Foreign exchange gains	227	746	238
Other	195	530	255
OTHER INCOME	1,312	2,237	1,163
Losses on disposal of assets	(436)	(52)	(56)
Foreign exchange losses	(702)	(320)	(463)
Amortisation of other intangible assets (excl. mineral interests)	(448)	(343)	(266)
Other	(731)	(791)	(407)
OTHER EXPENSE	(2,317)	(1,506)	(1,192)
Restructuring charges	288	312	96
Impairment of non-consolidated shares and povisions for financial risk	$ 238
Impairment of non-consolidated shares and loans granted to non-consolidated subsidiaries and equity affiliates		$ 64
Revaluation of non-consolidated shares at fair value			$ 94

Other items from operating ac_4

Other items from operating activities - Other financial income and expense (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Other items from operating activities
Dividend income on non-consolidated subsidiaries	$ 203	$ 160	$ 178
Capitalized financial expenses	134	110	227
Other	425	644	387
OTHER FINANCIAL INCOME	762	914	792
Accretion of asset retirement obligations	(449)	(607)	(639)
Other	(90)	(83)	(125)
OTHER FINANCIAL EXPENSE	$ (539)	$ (690)	$ (764)

Other items from operating ac_5

Other items from operating activities - Other non-current assets (Details) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Other non-current assets
Loans and advances	$ 2,107	$ 2,458	$ 1,982
Other non-current financial assets related to operational activities	312	287	332
Other	378	65	101
TOTAL	2,797	2,810	2,415
Gross value/Cost
Other non-current assets
Loans and advances	2,364	2,731	2,248
Other non-current financial assets related to operational activities	312	287	332
Other	378	65	101
TOTAL	3,054	3,083	2,681
Valuation allowance/Cumulative impairments
Other non-current assets
Loans and advances	(257)	(273)	(266)
TOTAL	$ (257)	$ (273)	$ (266)

Other items from operating ac_6

Other items from operating activities - Loans and advances, valuation allowance (Details) - Loans and advances - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Reconciliation of changes in allowance account for credit losses of financial assets [abstract]
Valuation allowance as of the beginning of the period	$ (273)	$ (266)	$ (303)
Increases	(6)	(30)	(7)
Decreases	14	15	43
Currency translation adjustment and other variations	8	8	1
Valuation allowance as of the end of the period	$ (257)	$ (273)	$ (266)

Intangible and tangible asset_2

Intangible and tangible assets - Intangible assets (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Goodwill and other intangible assets
Intangible assets, including goodwill	$ 32,484	$ 33,528	$ 33,178	$ 28,922
Goodwill
Goodwill and other intangible assets
Intangible assets, including goodwill	8,829	8,807	8,346
Proved mineral interests
Goodwill and other intangible assets
Intangible assets, including goodwill	7,652	6,964	7,225
Unproved mineral interests
Goodwill and other intangible assets
Intangible assets, including goodwill	13,806	15,510	15,580
Other intangible assets
Goodwill and other intangible assets
Intangible assets, including goodwill	$ 2,197	2,247	2,027
Other intangible assets | Minimum
Goodwill and other intangible assets
Finite useful life	3 years
Other intangible assets | Maximum
Goodwill and other intangible assets
Finite useful life	20 years
Gross value/Cost
Goodwill and other intangible assets
Intangible assets, including goodwill	$ 50,932	53,809	51,204
Gross value/Cost | Goodwill
Goodwill and other intangible assets
Intangible assets, including goodwill	9,728	9,738	9,357
Gross value/Cost | Proved mineral interests
Goodwill and other intangible assets
Intangible assets, including goodwill	17,382	16,559	15,966
Gross value/Cost | Unproved mineral interests
Goodwill and other intangible assets
Intangible assets, including goodwill	16,637	20,300	20,138
Gross value/Cost | Other intangible assets
Goodwill and other intangible assets
Intangible assets, including goodwill	7,185	7,212	5,743
Depreciation, amortization and impairment
Goodwill and other intangible assets
Intangible assets, including goodwill	(18,448)	(20,281)	(18,026)
Depreciation, amortization and impairment | Goodwill
Goodwill and other intangible assets
Intangible assets, including goodwill	(899)	(931)	(1,011)
Depreciation, amortization and impairment | Proved mineral interests
Goodwill and other intangible assets
Intangible assets, including goodwill	(9,730)	(9,595)	(8,741)
Depreciation, amortization and impairment | Unproved mineral interests
Goodwill and other intangible assets
Intangible assets, including goodwill	(2,831)	(4,790)	(4,558)
Depreciation, amortization and impairment | Other intangible assets
Goodwill and other intangible assets
Intangible assets, including goodwill	$ (4,988)	$ (4,965)	$ (3,716)

Intangible and tangible asset_3

Intangible and tangible assets - Change in net intangible assets (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Analysis of change in net intangible assets
Net amount as of the beginning of the period	$ 33,528	$ 33,178	$ 28,922
Expenditures	696	784	1,087
Disposals	(271)	(277)	(118)
Amortization and impairment	(1,322)	(1,430)	(1,359)
Currency translation adjustment	(394)	305	(95)
Other	247	968	4,741
Net amount as of the end of the period	32,484	33,528	33,178
Exceptional asset impairments	253	323	251
Effect of changes in the consolidation scope		$ 898	$ 3,887
Blue Raven Solar
Analysis of change in net intangible assets
Effect of changes in the consolidation scope	140
Fonroche Biogaz
Analysis of change in net intangible assets
Effect of changes in the consolidation scope	$ 89

Intangible and tangible asset_4

Intangible and tangible assets - Changes in carrying amount of goodwill (Details) $ in Millions	12 Months Ended
	Dec. 31, 2021USD ($)
Changes in the carrying amount of goodwill by business segment
Net goodwill as of the beginning of the period	$ 8,807
Increases	260
Other	(238)
Net goodwill as of the end of the period	8,829
Integrated Gas, Renewables and Power
Changes in the carrying amount of goodwill by business segment
Net goodwill as of the beginning of the period	5,247
Increases	215
Other	(219)
Net goodwill as of the end of the period	5,243
Exploration & Production
Changes in the carrying amount of goodwill by business segment
Net goodwill as of the beginning of the period	2,638
Other	(26)
Net goodwill as of the end of the period	2,612
Refining & Chemicals
Changes in the carrying amount of goodwill by business segment
Net goodwill as of the beginning of the period	534
Other	(15)
Net goodwill as of the end of the period	519
Marketing & Services
Changes in the carrying amount of goodwill by business segment
Net goodwill as of the beginning of the period	357
Increases	45
Other	24
Net goodwill as of the end of the period	426
Corporate
Changes in the carrying amount of goodwill by business segment
Net goodwill as of the beginning of the period	31
Other	(2)
Net goodwill as of the end of the period	29
Blue Raven Solar
Changes in the carrying amount of goodwill by business segment
Effect of changes in the consolidation scope	126
Fonroche Biogaz
Changes in the carrying amount of goodwill by business segment
Effect of changes in the consolidation scope	$ 89

Intangible and tangible asset_5

Intangible and tangible assets - Other property, plant and equipment, useful lives (Details)	12 Months Ended
	Dec. 31, 2021
Furniture, office equipment, machinery and tools | Minimum
Property, plant and equipment
Useful lives of property, plant and equipment	3 years
Furniture, office equipment, machinery and tools | Maximum
Property, plant and equipment
Useful lives of property, plant and equipment	12 years
Transportation equipment | Minimum
Property, plant and equipment
Useful lives of property, plant and equipment	5 years
Transportation equipment | Maximum
Property, plant and equipment
Useful lives of property, plant and equipment	20 years
Storage tanks and related equipment | Minimum
Property, plant and equipment
Useful lives of property, plant and equipment	10 years
Storage tanks and related equipment | Maximum
Property, plant and equipment
Useful lives of property, plant and equipment	15 years
Specialized complex installations and pipelines | Minimum
Property, plant and equipment
Useful lives of property, plant and equipment	10 years
Specialized complex installations and pipelines | Maximum
Property, plant and equipment
Useful lives of property, plant and equipment	30 years
Buildings | Minimum
Property, plant and equipment
Useful lives of property, plant and equipment	10 years
Buildings | Maximum
Property, plant and equipment
Useful lives of property, plant and equipment	50 years

Intangible and tangible asset_6

Intangible and tangible assets - Total property, plant and equipment (Details) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Property, plant and equipment
Property, plant and equipment	$ 106,559	$ 108,335	$ 116,408	$ 113,324
Gross value/Cost
Property, plant and equipment
Property, plant and equipment	298,409	300,478	287,017
Depreciation, amortization and impairment
Property, plant and equipment
Property, plant and equipment	(191,850)	(192,143)	(170,609)
Exploration and production activities
Property, plant and equipment
Property, plant and equipment	82,042	83,700	93,296
Exploration and production activities | Gross value/Cost
Property, plant and equipment
Property, plant and equipment	232,362	232,743	224,287
Exploration and production activities | Depreciation, amortization and impairment
Property, plant and equipment
Property, plant and equipment	(150,320)	(149,043)	(130,991)
Exploration and production activities | Proved properties
Property, plant and equipment
Property, plant and equipment	63,043	67,978	79,937
Exploration and production activities | Proved properties | Gross value/Cost
Property, plant and equipment
Property, plant and equipment	212,264	215,892	210,071
Exploration and production activities | Proved properties | Depreciation, amortization and impairment
Property, plant and equipment
Property, plant and equipment	(149,221)	(147,914)	(130,134)
Exploration and production activities | Unproved properties
Property, plant and equipment
Property, plant and equipment	1,367	2,710	1,872
Exploration and production activities | Unproved properties | Gross value/Cost
Property, plant and equipment
Property, plant and equipment	1,635	2,978	2,160
Exploration and production activities | Unproved properties | Depreciation, amortization and impairment
Property, plant and equipment
Property, plant and equipment	(268)	(268)	(288)
Exploration and production activities | Work in progress
Property, plant and equipment
Property, plant and equipment	17,632	13,012	11,487
Exploration and production activities | Work in progress | Gross value/Cost
Property, plant and equipment
Property, plant and equipment	18,463	13,873	12,056
Exploration and production activities | Work in progress | Depreciation, amortization and impairment
Property, plant and equipment
Property, plant and equipment	(831)	(861)	(569)
Other (excluding exploration and production activities)
Property, plant and equipment
Property, plant and equipment	24,517	24,635	23,112
Other (excluding exploration and production activities) | Gross value/Cost
Property, plant and equipment
Property, plant and equipment	66,047	67,735	62,730
Other (excluding exploration and production activities) | Depreciation, amortization and impairment
Property, plant and equipment
Property, plant and equipment	(41,530)	(43,100)	(39,618)
Other (excluding exploration and production activities) | Land
Property, plant and equipment
Property, plant and equipment	2,172	2,094	2,034
Other (excluding exploration and production activities) | Land | Gross value/Cost
Property, plant and equipment
Property, plant and equipment	3,145	2,999	2,826
Other (excluding exploration and production activities) | Land | Depreciation, amortization and impairment
Property, plant and equipment
Property, plant and equipment	(973)	(905)	(792)
Other (excluding exploration and production activities) | Machinery, plant and equipment
Property, plant and equipment
Property, plant and equipment	11,860	12,125	11,199
Other (excluding exploration and production activities) | Machinery, plant and equipment | Gross value/Cost
Property, plant and equipment
Property, plant and equipment	38,285	39,506	36,747
Other (excluding exploration and production activities) | Machinery, plant and equipment | Depreciation, amortization and impairment
Property, plant and equipment
Property, plant and equipment	(26,425)	(27,381)	(25,548)
Other (excluding exploration and production activities) | Buildings
Property, plant and equipment
Property, plant and equipment	3,912	4,326	4,487
Other (excluding exploration and production activities) | Buildings | Gross value/Cost
Property, plant and equipment
Property, plant and equipment	10,558	11,184	10,519
Other (excluding exploration and production activities) | Buildings | Depreciation, amortization and impairment
Property, plant and equipment
Property, plant and equipment	(6,646)	(6,858)	(6,032)
Other (excluding exploration and production activities) | Work in progress
Property, plant and equipment
Property, plant and equipment	3,617	3,062	2,499
Other (excluding exploration and production activities) | Work in progress | Gross value/Cost
Property, plant and equipment
Property, plant and equipment	3,625	3,063	2,501
Other (excluding exploration and production activities) | Work in progress | Depreciation, amortization and impairment
Property, plant and equipment
Property, plant and equipment	(8)	(1)	(2)
Other (excluding exploration and production activities) | Other
Property, plant and equipment
Property, plant and equipment	2,956	3,028	2,893
Other (excluding exploration and production activities) | Other | Gross value/Cost
Property, plant and equipment
Property, plant and equipment	10,434	10,983	10,137
Other (excluding exploration and production activities) | Other | Depreciation, amortization and impairment
Property, plant and equipment
Property, plant and equipment	$ (7,478)	$ (7,955)	$ (7,244)

Intangible and tangible asset_7

Intangible and tangible assets - Change in net property, plant and equipment (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Analysis of change in net property, plant and equipment
Net amount as of the beginning of the period	$ 108,335	$ 116,408	$ 113,324
Expenditures	11,647	9,980	11,426
Disposals	(705)	(611)	(1,052)
Depreciation and impairment	(13,133)	(21,544)	(15,097)
Currency translation adjustment	(1,739)	1,706	(270)
Other	2,154	2,396	8,077
Net amount as of the end of the period	106,559	108,335	116,408
Impact of impairments of assets	615	8,629	669
Impact of new IFRS 16 contracts	1,786	1,815
Reversal of reclassification as non-current assets held for sale and discontinued operations		434	812
Effect of application of IFRS 16			5,698
Gabon | Non-operated assets
Analysis of change in net property, plant and equipment
Disposals	$ (397)
United Kingdom | Non strategic assets
Analysis of change in net property, plant and equipment
Disposals		$ (240)
Anadarko Mozambique
Analysis of change in net property, plant and equipment
Effect of changes in the consolidation scope			$ 767
Ichthys LNG project
Analysis of change in net property, plant and equipment
Percentage of interest sold			4.00%

Intangible and tangible asset_8

Intangible and tangible assets - Facilities and equipment under leases (Details) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Tangible assets
Assets under leases
Right-of-use assets	$ 7,353	$ 7,190	$ 7,113
Tangible assets | Gross value/Cost
Assets under leases
Right-of-use assets	12,144	11,011	9,068
Tangible assets | Depreciation, amortization and impairment
Assets under leases
Right-of-use assets	(4,791)	(3,821)	(1,955)
Tangible assets | Exploration and production activities
Assets under leases
Right-of-use assets	1,545	1,461	1,965
Tangible assets | Exploration and production activities | Gross value/Cost
Assets under leases
Right-of-use assets	3,228	2,758	2,482
Tangible assets | Exploration and production activities | Depreciation, amortization and impairment
Assets under leases
Right-of-use assets	(1,683)	(1,297)	(517)
Tangible assets | Other (excluding exploration and production activities)
Assets under leases
Right-of-use assets	5,808	5,729	5,148
Tangible assets | Other (excluding exploration and production activities) | Gross value/Cost
Assets under leases
Right-of-use assets	8,916	8,253	6,586
Tangible assets | Other (excluding exploration and production activities) | Depreciation, amortization and impairment
Assets under leases
Right-of-use assets	(3,108)	(2,524)	(1,438)
Land | Other (excluding exploration and production activities)
Assets under leases
Right-of-use assets	1,117	965	927
Land | Other (excluding exploration and production activities) | Gross value/Cost
Assets under leases
Right-of-use assets	1,441	1,187	1,031
Land | Other (excluding exploration and production activities) | Depreciation, amortization and impairment
Assets under leases
Right-of-use assets	(324)	(222)	(104)
Machinery, plant and equipment | Other (excluding exploration and production activities)
Assets under leases
Right-of-use assets	3,091	2,975	2,528
Machinery, plant and equipment | Other (excluding exploration and production activities) | Gross value/Cost
Assets under leases
Right-of-use assets	4,910	4,606	3,527
Machinery, plant and equipment | Other (excluding exploration and production activities) | Depreciation, amortization and impairment
Assets under leases
Right-of-use assets	(1,819)	(1,631)	(999)
Buildings | Other (excluding exploration and production activities)
Assets under leases
Right-of-use assets	1,292	1,393	1,344
Buildings | Other (excluding exploration and production activities) | Gross value/Cost
Assets under leases
Right-of-use assets	1,853	1,778	1,545
Buildings | Other (excluding exploration and production activities) | Depreciation, amortization and impairment
Assets under leases
Right-of-use assets	(561)	(385)	(201)
Other | Other (excluding exploration and production activities)
Assets under leases
Right-of-use assets	308	396	349
Other | Other (excluding exploration and production activities) | Gross value/Cost
Assets under leases
Right-of-use assets	712	682	483
Other | Other (excluding exploration and production activities) | Depreciation, amortization and impairment
Assets under leases
Right-of-use assets	$ (404)	$ (286)	$ (134)

Equity affiliates, other inve_3

Equity affiliates, other investments and related parties - Contribution of equity affiliates (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Equity value
Total Associates	$ 17,244	$ 15,745	$ 17,026
Total Joint ventures	9,277	7,102	6,097
Total Equity value	26,521	22,847	23,123
Loans	4,532	5,129	3,999
Total Equity value and Loans	31,053	27,976	27,122
Profit/(loss)
Total Associates	1,186	753	2,534
Total Joint ventures	2,252	(301)	872
Total share of profit/(loss) of equity affiliates	3,438	452	3,406
Other comprehensive income
Total Associates	734	(1,704)	592
Total Joint ventures	(28)	(127)	(184)
Share of other comprehensive income of equity affiliates, net amount	$ 706	$ (1,831)	$ 408

Equity affiliates, other inve_4

Equity affiliates, other investments and related parties - Associates (Details) $ in Millions	12 Months Ended
	Dec. 31, 2021USD ($)item	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)
Associates
Non current assets	$ 182,322	$ 186,453	$ 188,029
Current assets	111,136	79,679	85,265
TOTAL ASSETS	293,458	266,132	273,294
Shareholder's equity	114,999	106,085	119,305	$ 118,114
Non current liabilities	83,357	95,371	83,745
Current liabilities	95,102	64,676	70,244
TOTAL LIABILITIES & SHAREHOLDERS' EQUITY	293,458	266,132	273,294
Revenues from sales	184,634	119,704	176,249
NET INCOME	16,366	(7,336)	11,438
Other comprehensive income	(1,446)	1,230	(781)
Equity value	26,521	22,847	23,123
Profit/(loss)	3,438	452	3,406
Share of Other Comprehensive Income, net amount	706	(1,831)	408
Saudi Aramco Total Refining & Petrochemical Company | Refining & Chemicals
Associates
Non current assets	10,264	10,698	10,976
Current assets	2,221	1,211	1,793
TOTAL ASSETS	12,485	11,909	12,769
Shareholder's equity	1,164	1,256	2,113
Non current liabilities	7,322	7,994	8,098
Current liabilities	3,999	2,659	2,558
TOTAL LIABILITIES & SHAREHOLDERS' EQUITY	12,485	11,909	12,769
Revenues from sales	11,123	6,031	10,522
NET INCOME	(245)	(686)	(171)
Other comprehensive income	$ 155	$ (171)	$ (124)
% owned	37.50%	37.50%	37.50%
Equity value	$ 437	$ 471	$ 792
Profit/(loss)	(92)	(257)	(64)
Share of Other Comprehensive Income, net amount	$ 116	(128)	(33)
Refinery production capacity (in barrels per day) | item	460,000
Qatar | Refining & Chemicals
Associates
Non current assets	$ 3,909	4,105	4,160
Current assets	1,908	1,521	1,571
TOTAL ASSETS	5,817	5,626	5,731
Shareholder's equity	2,693	2,717	2,676
Non current liabilities	1,906	2,171	2,150
Current liabilities	1,218	738	905
TOTAL LIABILITIES & SHAREHOLDERS' EQUITY	5,817	5,626	5,731
Revenues from sales	9,266	5,222	8,225
NET INCOME	649	91	42
Other comprehensive income	(5)		111
Equity value	693	716	706
Profit/(loss)	174	57	91
Share of Other Comprehensive Income, net amount	13	(16)	14
Dividends paid to TotalEnergies	$ 199	63	159
Qatar Petrochemical Company Q.S.C. (QAPCO) | Refining & Chemicals
Associates
% owned	20.00%
Qatofin Company Limited | Refining & Chemicals
Associates
% owned	49.09%
Laffan Refinery Company Limited | Refining & Chemicals
Associates
% owned	10.00%
Laffan Refinery Company Limited 2 | Refining & Chemicals
Associates
% owned	10.00%
Exploration and production activities | Novatek
Associates
Non current assets	$ 26,954	23,748	24,081
Current assets	8,208	4,170	6,898
TOTAL ASSETS	35,162	27,918	30,979
Shareholder's equity	25,944	22,160	24,884
Non current liabilities	3,246	3,164	3,727
Current liabilities	5,972	2,594	2,368
TOTAL LIABILITIES & SHAREHOLDERS' EQUITY	35,162	27,918	30,979
Revenues from sales	15,876	9,733	13,227
NET INCOME	5,871	1,759	8,260
Other comprehensive income	$ (82)	$ (3,206)	$ 1,807
% owned	19.40%	19.40%	19.40%
Equity value	$ 6,243	$ 5,596	$ 6,469
Including goodwill and identifiable assets	1,210	1,297	1,641
Profit/(loss)	1,065	264	1,508
Share of Other Comprehensive Income, net amount	446	(1,409)	634
Dividends paid to TotalEnergies	387	229	266
TotalEnergies share of equity associate's market value	13,452
Exploration and production activities | Liquefaction entities
Associates
Non current assets	39,348	34,273	30,578
Current assets	11,075	7,537	9,994
TOTAL ASSETS	50,423	41,810	40,572
Shareholder's equity	23,867	23,403	23,640
Non current liabilities	19,659	13,608	11,445
Current liabilities	6,897	4,799	5,487
TOTAL LIABILITIES & SHAREHOLDERS' EQUITY	50,423	41,810	40,572
Revenues from sales	23,243	15,584	22,684
NET INCOME	8,056	2,416	5,692
Equity value	5,582	5,534	5,493
Including goodwill and identifiable assets	1,832	1,837	1,714
Profit/(loss)	1,024	237	637
Share of Other Comprehensive Income, net amount	85	(122)	23
Dividends paid to TotalEnergies	$ 817	406	752
Exploration and production activities | Nigeria LNG Limited
Associates
% owned	15.00%
Exploration and production activities | TotalEnergies LNG Angola
Associates
% owned	13.60%
Exploration and production activities | Yemen LNG Company Limited
Associates
% owned	39.62%
Exploration and production activities | Qatar Liquefied Gas Company Limited
Associates
% owned	10.00%
Exploration and production activities | Qatar Liquefied Gas Company Limited (II)
Associates
% owned	16.70%
Exploration and production activities | Oman LNG, LLC
Associates
% owned	5.54%
Exploration and production activities | Abu Dhabi Gas Liquefaction Company Limited
Associates
% owned	5.00%
Exploration and production activities | Arctic LNG 2 LLC
Associates
% owned	10.00%
Exploration and production activities | PetroCedeno
Associates
Non current assets		4,008	3,994
Current assets		6,428	7,457
TOTAL ASSETS		10,436	11,451
Shareholder's equity		4,548	4,548
Non current liabilities		73	76
Current liabilities		5,815	6,827
TOTAL LIABILITIES & SHAREHOLDERS' EQUITY		10,436	11,451
Revenues from sales		$ 66	356
NET INCOME			$ (33)
% owned		30.32%	30.32%
Equity value		$ 1,379	$ 1,379
Profit/(loss)			$ (10)
Renewables and Electricity activities | Adani Green Energy Limited (AGEL)
Associates
Non current assets	$ 6,223
Current assets	1,042
TOTAL ASSETS	7,265
Shareholder's equity	316
Non current liabilities	5,560
Current liabilities	1,389
TOTAL LIABILITIES & SHAREHOLDERS' EQUITY	7,265
Revenues from sales	545
NET INCOME	35
Other comprehensive income	$ (10)
% owned	20.00%
Equity value	$ 2,102
Including goodwill and identifiable assets	2,039
Profit/(loss)	7
Share of Other Comprehensive Income, net amount	$ 6

Equity affiliates, other inve_5

Equity affiliates, other investments and related parties - Joint Ventures (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Joint Ventures
Non current assets	$ 182,322	$ 186,453	$ 188,029
Cash and cash equivalents	21,342	31,268	27,352	$ 27,907
TOTAL ASSETS	293,458	266,132	273,294
Shareholder's equity	114,999	106,085	119,305	$ 118,114
Financial debt	49,512	60,203	47,773
Current borrowings	15,035	17,099	14,819
TOTAL LIABILITIES & SHAREHOLDERS' EQUITY	293,458	266,132	273,294
Revenues from sales	184,634	119,704	176,249
Income taxes	(9,587)	(318)	(5,872)
NET INCOME	16,366	(7,336)	11,438
Other comprehensive income	(1,446)	1,230	(781)
Equity value	26,521	22,847	23,123
Profit/(loss)	3,438	452	3,406
Share of Other Comprehensive Income, net amount	706	(1,831)	408
Liquefaction entities | Integrated Gas, Renewables and Power
Joint Ventures
Non current assets	66,924	70,425	70,279
Current assets excluding cash and cash equivalents	2,912	1,513	1,866
Cash and cash equivalents	2,312	1,834	1,678
TOTAL ASSETS	72,148	73,772	73,823
Shareholder's equity	9,956	4,433	7,151
Other non current liabilities	8,205	8,259	6,864
Financial debt	50,920	58,128	56,379
Other current liabilities	3,067	2,952	3,429
TOTAL LIABILITIES & SHAREHOLDERS' EQUITY	72,148	73,772	73,823
Revenues from sales	14,380	8,543	9,240
Depreciation and depletion of tangible assets and mineral interests	(3,058)	(3,130)	(3,040)
Interest income		2	5
Interest expense	(2,599)	(2,972)	(2,993)
Income taxes	(1,448)	77	(270)
NET INCOME	5,600	(2,399)	383
Other comprehensive income	323	(323)	(429)
Equity value	2,725	1,602	2,318
Including goodwill and identifiable assets	502	546	660
Profit/(loss)	1,119	(633)	(19)
Share of Other Comprehensive Income, net amount	84	(84)	(112)
Dividends paid to TotalEnergies	$ 81
Yamal LNG | Integrated Gas, Renewables and Power
Joint Ventures
% owned	20.02%
Ichthys LNG PTY Limited | Integrated Gas, Renewables and Power
Joint Ventures
% owned	26.00%
Hanwha Total Petrochemical Co. Limited | Refining & Chemicals
Joint Ventures
Non current assets	$ 4,443	4,664	4,310
Current assets excluding cash and cash equivalents	2,117	1,575	1,842
Cash and cash equivalents	151	303	322
TOTAL ASSETS	6,711	6,542	6,474
Shareholder's equity	3,538	3,443	3,319
Other non current liabilities	164	167	150
Financial debt	1,241	1,703	1,761
Other current liabilities	1,055	583	756
Current borrowings	713	646	488
TOTAL LIABILITIES & SHAREHOLDERS' EQUITY	6,711	6,542	6,474
Revenues from sales	8,600	5,734	8,437
Depreciation and depletion of tangible assets and mineral interests	(312)	(278)	(256)
Interest expense	(44)	(2)	(14)
Income taxes	(222)	(69)	(124)
NET INCOME	620	133	302
Other comprehensive income	$ (308)	$ 194	$ (116)
% owned	50.00%	50.00%	50.00%
Equity value	$ 1,769	$ 1,721	$ 1,660
Profit/(loss)	310	67	150
Share of Other Comprehensive Income, net amount	(150)	87	(68)
Dividends paid to TotalEnergies	$ 109	$ 102	$ 200

Equity affiliates, other inve_6

Equity affiliates, other investments and related parties - Other associates and joint ventures (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Equity affiliates
Non current assets	$ 182,322	$ 186,453	$ 188,029
Current assets	111,136	79,679	85,265
TOTAL ASSETS	293,458	266,132	273,294
Shareholder's equity	114,999	106,085	119,305	$ 118,114
Non current liabilities	83,357	95,371	83,745
Current liabilities	95,102	64,676	70,244
TOTAL LIABILITIES & SHAREHOLDERS' EQUITY	293,458	266,132	273,294
Revenues from sales	184,634	119,704	176,249
NET INCOME	16,366	(7,336)	11,438
Share of Other Comprehensive Income, net amount	706	(1,831)	408
Equity value	26,521	22,847	23,123
Profit/(loss)	3,438	452	3,406
Associates
Equity affiliates
Non current assets	5,987	5,454	5,435
Current assets	1,849	1,299	1,357
TOTAL ASSETS	7,836	6,753	6,792
Shareholder's equity	1,366	1,183	1,405
Non current liabilities	5,455	4,881	4,412
Current liabilities	1,015	689	975
TOTAL LIABILITIES & SHAREHOLDERS' EQUITY	7,836	6,753	6,792
Revenues from sales	2,450	2,154	2,190
NET INCOME	514	478	383
Share of Other Comprehensive Income, net amount	68	(29)	(46)
Equity value	2,188	2,049	2,187
Profit/(loss)	(992)	452	372
Dividends paid to TotalEnergies	498	409	362
Joint ventures
Equity affiliates
Non current assets	9,745	7,002	4,287
Current assets	1,799	1,671	1,276
TOTAL ASSETS	11,544	8,673	5,563
Shareholder's equity	2,531	1,963	1,437
Non current liabilities	7,460	5,469	3,091
Current liabilities	1,553	1,241	1,035
TOTAL LIABILITIES & SHAREHOLDERS' EQUITY	11,544	8,673	5,563
Revenues from sales	4,850	3,116	3,535
NET INCOME	381	202	288
Share of Other Comprehensive Income, net amount	38	(130)	(4)
Equity value	4,782	3,779	2,119
Profit/(loss)	823	265	741
Dividends paid to TotalEnergies	$ 96	$ 59	$ 50

Equity affiliates, other inve_7

Equity affiliates, other investments and related parties - Equity instruments reconciliation (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Financial structure, financial costs and financial instruments
Equity instruments as of the beginning of the period	$ 2,007	$ 1,778	$ 1,421
Increase - Decrease	(440)	(284)	237
Change in fair value	58	513	120
Equity instruments as of the end of the period	1,625	2,007	1,778
Other Comprehensive Income
Financial structure, financial costs and financial instruments
Equity instruments as of the beginning of the period	783	506	362
Increase - Decrease	(276)	(256)	2
Change in fair value	66	533	142
Equity instruments as of the end of the period	573	783	506
Other Comprehensive Income | Enphase Energy Inc.
Financial structure, financial costs and financial instruments
Equity instruments as of the beginning of the period	613	173	36
Increase - Decrease	(177)	(251)	(5)
Change in fair value	21	691	142
Equity instruments as of the end of the period	457	613	173
Other Comprehensive Income | Tellurian Investments Inc
Financial structure, financial costs and financial instruments
Equity instruments as of the beginning of the period	57	207	207
Increase - Decrease	(111)	(1)
Change in fair value	54	(149)
Equity instruments as of the end of the period		57	207
Other Comprehensive Income | Other equity securities (unit value below $50 million)
Financial structure, financial costs and financial instruments
Equity instruments as of the beginning of the period	113	126	119
Increase - Decrease	12	(4)	7
Change in fair value	(9)	(9)
Equity instruments as of the end of the period	116	113	126
Fair value through P&L - assets
Financial structure, financial costs and financial instruments
Equity instruments as of the beginning of the period	1,224	1,272	1,059
Increase - Decrease	(164)	(28)	235
Change in fair value	(8)	(20)	(22)
Equity instruments as of the end of the period	1,052	1,224	1,272
Fair value through P&L - assets | BBPP
Financial structure, financial costs and financial instruments
Equity instruments as of the beginning of the period	58	62	62
Increase - Decrease	(58)	(4)
Equity instruments as of the end of the period		58	62
Fair value through P&L - assets | BTC Limited
Financial structure, financial costs and financial instruments
Equity instruments as of the beginning of the period	27	28	50
Change in fair value	(13)	(1)	(22)
Equity instruments as of the end of the period	14	27	28
Fair value through P&L - assets | Tas Helat Marketing Company
Financial structure, financial costs and financial instruments
Equity instruments as of the beginning of the period		108
Increase - Decrease		(108)	108
Equity instruments as of the end of the period			108
Fair value through P&L - assets | Total Lubrificantes do Brasil
Financial structure, financial costs and financial instruments
Equity instruments as of the beginning of the period			111
Increase - Decrease			(111)
Fair value through P&L - assets | Other equity securities (unit value below $50 million)
Financial structure, financial costs and financial instruments
Equity instruments as of the beginning of the period	1,139	1,074	836
Increase - Decrease	(106)	84	238
Change in fair value	5	(19)
Equity instruments as of the end of the period	$ 1,038	$ 1,139	$ 1,074

Equity affiliates, other inve_8

Equity affiliates, other investments and related parties - Related parties (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Balance sheet
Receivables: Debtors and other debtors	$ 809	$ 545	$ 486
Receivables: Loans (excl. loans to equity affiliates)	113	89	42
Payables: Creditors and other creditors	1,347	662	968
Payables: Debts	2	3	2
Statement of income
Sales	4,250	3,134	4,127
Purchases	(13,473)	(7,183)	(10,158)
Financial income		1	4
Financial expense	$ (8)	$ (6)	$ (4)

Equity affiliates, other inve_9

Equity affiliates, other investments and related parties - Compensation (Details) $ in Thousands, € in Millions	12 Months Ended
	Dec. 31, 2021USD ($)employee	Dec. 31, 2020USD ($)employee	Dec. 31, 2019USD ($)employee	Dec. 31, 2021EUR (€)employee	Dec. 31, 2020EUR (€)employee	Dec. 31, 2019EUR (€)employee
Related party transactions
Number of people	101,309	105,476	107,776	101,309	105,476	107,776
Direct or indirect compensation | $	$ 11,900	$ 12,600	$ 12,000
Pension expense | $	1,400	1,500	(2,400)
Share-based payments expense | $	4,900	7,200	7,700
Severance provision	90,700	129,000	113,300	€ 80.1	€ 105.2	€ 100.8
Directors' fees | $	$ 2,060	$ 1,440	1,570
Previously stated
Related party transactions
Direct or indirect compensation | $			15,000
Pension expense | $			(4,900)
Share-based payments expense | $			$ 8,700
Executive officers and members of the Board of Directors
Related party transactions
Number of people	11	11	10	11	11	10
Executive officers and members of the Board of Directors | Previously stated
Related party transactions
Number of people			15			15
Executive Officers
Related party transactions
Number of people	8	8		8	8
Executive Officers | Previously stated
Related party transactions
Number of people			13			13
Directors of corporate functions in Group Performance Management Committee | Previously stated
Related party transactions
Number of people			4			4
Board of Directors
Related party transactions
Number of people	3	3		3	3
Board of Directors | Previously stated
Related party transactions
Number of people			2			2

Shareholders' equity and shar_3

Shareholders' equity and share-based payments - Number of shares (Details) € / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2021USD ($)shareholdershares	Dec. 31, 2021EUR (€)shareholder€ / sharesshares	Dec. 31, 2020USD ($)shares	Dec. 31, 2019USD ($)shares
Shareholders' equity
Share capital	$ 8,224	€ 6,601,073,322.50	$ 8,267	$ 8,123
Number of shares issued	2,640,429,329	2,640,429,329
Common share par value (in Euros per shares) | € / shares		€ 2.50
Number of categories of shares | shareholder	1	1
Authorized share capital (in shares)	3,686,636,841	3,686,636,841	3,668,371,962	3,593,399,547
Common shares
Shareholders' equity
Minimum holding period of shares to earn double voting rights	2 years
Shareholder maximum voting rights (as a percent)	10.00%	10.00%
Shareholder maximum double voting rights (as a percent)	20.00%	20.00%
Minimum ownership percentage for which voting restrictions do not apply	66.67%	66.67%

Shareholders' equity and shar_4

Shareholders' equity and share-based payments - Share cancellation (Details) - Treasury shares - shares	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2019
Shareholders' equity
Cancellation of treasury shares	23,284,409	65,109,435
Buyback - cancellation of dilution		34,860,133
Buyback - shareholder return policy	23,284,409	30,249,302
Percentage of the share capital cancelled	0.88%	2.44%

Shareholders' equity and shar_5

Shareholders' equity and share-based payments - Variation of the number of shares composing the share capital (Details)	12 Months Ended
	Dec. 31, 2021shares	Dec. 31, 2020shares	Dec. 31, 2019EquityInstrumentsshares	Dec. 31, 2018shares
Variation of the number of shares composing the share capital
Common shares issued as of the end of the period	2,640,429,329
Treasury shares	33,841,104	24,392,703	15,474,234	32,473,281
Common shares issued
Variation of the number of shares composing the share capital
Common shares issued as of the beginning of the period	2,653,124,025	2,601,881,075	2,640,602,007
Deferred contribution pursuant to capital increase reserved for employees		18,879
Capital increase reserved for employees	10,589,713	13,160,383	10,047,337
Capital increase as payment of the scrip dividend		38,063,688	16,076,936
Exercise of TotalEnergies share subscription options | EquityInstruments			264,230
Cancellation of treasury shares	(23,284,409)		(65,109,435)
Common shares issued as of the end of the period	2,640,429,329	2,653,124,025	2,601,881,075

Shareholders' equity and shar_6

Shareholders' equity and share-based payments - Capital increase reserved for Group employees (Details) - Capital increase reserved for employees	Jun. 09, 2021€ / sharesshares	May 29, 2021	Jun. 11, 2020employee€ / sharesshares	Jun. 06, 2019employee€ / sharesshares	Dec. 31, 2021€ / sharesshares	Sep. 15, 2021shares
Capital increase reserved for Group employees
Maximum period over which the Board of Directors can increase capital reserve to members of a company or group savings plan		26 months
Maximum capital increase reserved for employees (in shares)						18,000,000
Number of shares subscribed	10,376,190		12,952,925	9,845,111	10,590,000
Subscription price | € / shares	€ 30.50		€ 26.20	€ 40.10	€ 30.50
Free shares - Number of shares granted	213,523		207,458	202,226
Shares granted			1,380	5,932
Number of beneficiaries | employee			276	1,187

Shareholders' equity and shar_7

Shareholders' equity and share-based payments - Treasury shares (Details) - shares	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Shareholders' equity
Number of treasury shares	33,841,104	24,392,703	15,474,234	32,473,281
TotalEnergies SE
Shareholders' equity
Number of treasury shares	33,841,104	24,392,703	15,474,234
Percentage of share capital represented by treasury shares	1.28%	0.92%	0.59%
Shares acquired with the intention to cancel them	30,665,526	23,284,409	11,051,144
TotalEnergies SE | TotalEnergies share performance plans
Shareholders' equity
Shares allocated or intended to be allocated to share-based payment plans	3,103,018	1,055,446	4,357,324
TotalEnergies SE | New share performance or purchase options plans
Shareholders' equity
Shares allocated or intended to be allocated to share-based payment plans	72,560	52,848	65,766

Shareholders' equity and shar_8

Shareholders' equity and share-based payments - Paid-in surplus and Reserves (Details) € in Millions, $ in Millions	Dec. 31, 2021EUR (€)	Dec. 31, 2021USD ($)	Dec. 31, 2020EUR (€)	Dec. 31, 2020USD ($)	Dec. 31, 2019EUR (€)	Dec. 31, 2019USD ($)
Shareholders' equity and share-based payments
Paid-in surplus | €	€ 36,030		€ 36,722		€ 35,415
Reserves
Percentage of net income that must be transferred to legal reserve	5.00%	5.00%
Required legal reserve as a percentage of share capital	10.00%	10.00%
Additional corporation tax if unrestricted reserves were wholly distributed | $		$ 362		$ 492		$ 575

Shareholders' equity and shar_9

Shareholders' equity and share-based payments - Earnings per share (Details)	12 Months Ended
	Dec. 31, 2021$ / sharesshares	Dec. 31, 2021€ / sharesshares	Dec. 31, 2020$ / sharesshares	Dec. 31, 2020€ / sharesshares	Dec. 31, 2019$ / sharesshares
Earnings per share in euros
Earnings per share (in dollars or Euros per share) | (per share)	$ 5.95	€ 5.03	$ (2.90)	€ (2.54)	$ 4.20
Diluted earnings per share (in dollars or Euros per share) | (per share)	$ 5.92	€ 5.01	$ (2.90)	€ (2.54)	$ 4.17
Common shares issued
Number of shares issued during the year (pro rated)
Common shares issued as of the beginning of the period	2,653,124,025	2,653,124,025	2,601,881,075	2,601,881,075	2,640,602,007
TotalEnergies shares held by TotalEnergies SE or by its subsidiaries and deducted from shareholders' equity	(24,392,703)	(24,392,703)	(15,474,234)	(15,474,234)	(32,473,281)
Exercise of TotalEnergies share subscription options					157,153
Final grant of TotalEnergies performance shares	3,810,430	3,810,430	2,154,064	2,154,064	2,140,576
Capital increase reserved for employees	6,177,333	6,177,333	7,689,476	7,689,476	5,860,947
Capital increase as payment of the scrip dividend			17,445,857	17,445,857	12,360,894
Buyback of treasury shares including:	(7,296,460)	(7,296,460)	(11,669,489)	(11,669,489)	(27,026,481)
Shares repurchased in during the fiscal year to cancel the dilution caused by the scrip dividend payment and within the framework of the share buyback program	(3,762,794)	(3,762,794)	(10,666,710)	(10,666,710)	(24,818,443)
Shares repurchased in during the fiscal year to cover for the stock options plans	(3,533,666)	(3,533,666)	(1,002,779)	(1,002,779)	(2,208,038)
WEIGHTED-AVERAGE NUMBER OF SHARES	2,631,422,625	2,631,422,625	2,602,026,749	2,602,026,749	2,601,621,815
Dilutive effect
Grant of TotalEnergies share subscription or purchase options					33,636
Grant of TotalEnergies performance shares	14,492,673	14,492,673			14,593,030
Capital increase reserved for employees	1,552,947	1,552,947			1,759,407
WEIGHTED-AVERAGE NUMBER OF DILUTED SHARES	2,647,468,245	2,647,468,245	2,602,026,749	2,602,026,749	2,618,007,888
Performance shares and capital increase reserved for employees with anti-dilutive effect			19,007,836	19,007,836

Shareholders' equity and sha_10

Shareholders' equity and share-based payments - Dividend (Details) - € / shares	Feb. 09, 2022	Oct. 27, 2021	Jul. 28, 2021	Apr. 28, 2021
Dividend
Dividend for the 2021 fiscal year, to be submitted at shareholders' meeting (in Euros per share)	€ 2.64
Final dividend proposed by Board of Directors (in Euros per share)	€ 0.66
Dividend recognised (in Euros per share)		€ 0.66	€ 0.66	€ 0.66

Shareholders' equity and sha_11

Shareholders' equity and share-based payments- Perpetual subordinated notes (Details) € in Millions, $ in Millions	Jan. 17, 2022USD ($)tranche	Jan. 25, 2021EUR (€)tranche	Dec. 31, 2021USD ($)	Dec. 31, 2020USD ($)	Dec. 31, 2020EUR (€)	Dec. 31, 2019USD ($)	Dec. 31, 2019EUR (€)	Dec. 31, 2016EUR (€)tranche	Dec. 31, 2015EUR (€)tranche
Shareholders' equity
Number of tranches | tranche	2	2						3	2
Amount of perpetual deeply subordinated notes recorded in equity | $			$ 13,922
Coupons booked in deduction of shareholders' equity | $			$ 368	$ 308		$ 353
Perpetual subordinated notes issued, 2.000%, callable after 5.25 years
Shareholders' equity
Interest rate (as percent)	2.00%
Years after which notes are callable	5 years 3 months
Principal amount | $	$ 1,000
Perpetual subordinated notes issued, 3.250%, callable after 15 years
Shareholders' equity
Interest rate (as percent)	3.25%
Years after which notes are callable	15 years
Principal amount | $	$ 750
Perpetual subordinated notes issued, 1.625%, callable after 7 years
Shareholders' equity
Interest rate (as percent)		1.625%
Years after which notes are callable		7 years
Principal amount		€ 1,500
Perpetual subordinated notes issued, 2.125%, callable after 12 years
Shareholders' equity
Interest rate (as percent)		2.125%
Years after which notes are callable		12 years
Principal amount		€ 1,500
Perpetual subordinated notes issued, 2.000%, callable after 10 years
Shareholders' equity
Interest rate (as percent)					2.00%
Years after which notes are callable				10 years	10 years
Principal amount					€ 1,000
Perpetual subordinated notes issued, 1.750%, callable after 5 years
Shareholders' equity
Interest rate (as percent)							1.75%
Years after which notes are callable						5 years	5 years
Principal amount							€ 1,500
Subordinated note, 3.875%, perpetual maturity callable after 6 years
Shareholders' equity
Interest rate (as percent)								3.875%
Years after which notes are callable								6 years
Principal amount								€ 1,750
Subordinated note, 2.708%, perpetual maturity callable after 6.6 years
Shareholders' equity
Interest rate (as percent)								2.708%
Years after which notes are callable								6 years 7 months 6 days
Principal amount								€ 1,000
Subordinated note, 3.369%, perpetual maturity callable after 10 years
Shareholders' equity
Interest rate (as percent)								3.369%
Years after which notes are callable								10 years
Principal amount								€ 1,500
Subordinated note, 2.250%, perpetual maturity callable after 6 years
Shareholders' equity
Interest rate (as percent)									2.25%
Years after which notes are callable									6 years
Principal amount					297		1,000		€ 2,500
Amount tendered					703		€ 1,500
Temporary increase in outstanding amount of notes					€ 297
Subordinated note, 2.625%, perpetual maturity callable after 10 years
Shareholders' equity
Interest rate (as percent)									2.625%
Years after which notes are callable									10 years
Principal amount									€ 2,500

Shareholders' equity and sha_12

Shareholders' equity and share-based payments - Other comprehensive income (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Shareholders' equity and share-based payments
Actuarial gains and losses	$ 1,035	$ (212)	$ (192)
Change in fair value of investments in equity instruments	66	533	142
Tax effect	(411)	65	53
Currency translation adjustment generated by the parent company	(7,202)	7,541	(1,533)
Items not potentially reclassifiable to profit and loss	(6,512)	7,927	(1,530)
Currency translation adjustment	4,216	(4,645)	740
Unrealized gain/(loss) of the period	4,380	(4,607)	800
Less gain/(loss) included in net income	164	38	60
Cash flow hedge	278	(313)	(599)
Unrealized gain/(loss) of the period	109	(175)	(552)
Less gain/(loss) included in net income	(169)	138	47
Variation of foreign currency basis spread	2	28	1
unrealized gain/(loss) of the period	(47)	(22)	(57)
less gain/(loss) included in net income	(49)	(50)	(58)
Share of other comprehensive income of equity affiliates, net amount	706	(1,831)	408
Unrealized gain/(loss) of the period	626	(1,841)	421
Less gain/(loss) included in net income	(80)	(10)	13
Other	(1)	(8)	(3)
Tax effect	(135)	72	202
Sub-total items potentially reclassifiable to profit and loss	5,066	(6,697)	749
TOTAL OTHER COMPREHENSIVE INCOME, NET AMOUNT	$ (1,446)	$ 1,230	$ (781)

Shareholders' equity and sha_13

Shareholders' equity and share-based payments - Currency translation adjustment (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Other comprehensive income
Currency translation adjustment generated by the parent company	$ (7,202)	$ 7,541	$ (1,533)
Currency translation adjustment	4,216	(4,645)	740
Currency translation adjustment of equity affiliates	536	(1,657)	607
TOTAL CURRENCY TRANSLATION ADJUSTMENT RECOGNIZED IN COMPREHENSIVE INCOME	(2,450)	1,239	(186)
Euro
Other comprehensive income
Currency translation adjustment generated by the parent company	(7,202)	7,541	(1,533)
Currency translation adjustment	4,654	(4,668)	636
Currency translation adjustment of equity affiliates	730	(851)	149
TOTAL CURRENCY TRANSLATION ADJUSTMENT RECOGNIZED IN COMPREHENSIVE INCOME	(1,818)	2,022	(748)
Pound Sterling
Other comprehensive income
Currency translation adjustment	(180)	115	138
Currency translation adjustment of equity affiliates	4	(11)	(7)
TOTAL CURRENCY TRANSLATION ADJUSTMENT RECOGNIZED IN COMPREHENSIVE INCOME	(176)	104	131
Ruble
Other comprehensive income
Currency translation adjustment	(1)	(12)	7
Currency translation adjustment of equity affiliates	(27)	(886)	530
TOTAL CURRENCY TRANSLATION ADJUSTMENT RECOGNIZED IN COMPREHENSIVE INCOME	(28)	(898)	537
Other currencies
Other comprehensive income
Currency translation adjustment	(257)	(80)	(41)
Currency translation adjustment of equity affiliates	(171)	91	(65)
TOTAL CURRENCY TRANSLATION ADJUSTMENT RECOGNIZED IN COMPREHENSIVE INCOME	$ (428)	$ 11	$ (106)

Shareholders' equity and sha_14

Shareholders' equity and share-based payments - Tax effects of other comprehensive income (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Pre-tax amount
Actuarial gains and losses	$ 1,035	$ (212)	$ (192)
Change in fair value of investments in equity instruments	66	533	142
Currency translation adjustment generated by the parent company	(7,202)	7,541	(1,533)
Sub-total items not potentially reclassifiable to profit and loss	(6,101)	7,862	(1,583)
Currency translation adjustment	4,216	(4,645)	740
Cash flow hedge	278	(313)	(599)
Variation of foreign currency basis spread	2	28	1
Share of other comprehensive income of equity affiliates, net amount	706	(1,831)	408
Other	(1)	(8)	(3)
Sub-total items potentially reclassifiable to profit and loss	5,201	(6,769)	547
TOTAL OTHER COMPREHENSIVE INCOME	(900)	1,093	(1,036)
Tax effect
Actuarial gains and losses	(372)	47	55
Change in fair value of investments in equity instruments	(39)	18	(2)
Sub-total items not potentially reclassifiable to profit and loss	(411)	65	53
Cash flow hedge	(130)	79	202
Variation of foreign currency basis spread	(5)	(7)
Sub-total items potential reclassifiable to profit and loss	(135)	72	202
TOTAL OTHER COMPREHENSIVE INCOME	(546)	137	255
Net amount
Actuarial gains and losses	663	(165)	(137)
Change in fair value of investments in equity instruments	27	551	140
Currency translation adjustment generated by the parent company	(7,202)	7,541	(1,533)
Items not potentially reclassifiable to profit and loss	(6,512)	7,927	(1,530)
Currency translation adjustment	4,216	(4,645)	740
Cash flow hedge	148	(234)	(397)
Variation of foreign currency basis spread	(3)	21	1
Share of other comprehensive income of equity affiliates, net amount	706	(1,831)	408
Other	(1)	(8)	(3)
Items potentially reclassifiable to profit and loss	5,066	(6,697)	749
TOTAL OTHER COMPREHENSIVE INCOME, NET AMOUNT	$ (1,446)	$ 1,230	$ (781)

Shareholders' equity and sha_15

Shareholders' equity and share-based payments - Non-controllling interests and Employee reserved capital increases (Details) - USD ($) $ in Millions	1 Months Ended	12 Months Ended
	Jul. 31, 2021	Dec. 31, 2021
GIP Australia
Share-based payments
Consideration for divestment of assets	$ 750
Restricted share plans
Share-based payments
Holding period for non-transferability of shares		2 years
Capital increase reserved for employees
Share-based payments
Holding period for non-transferability of shares		5 years

Shareholders' equity and sha_16

Shareholders' equity and share-based payments - TOTAL Option plans (Details)	May 29, 2020	Sep. 14, 2011€ / shares	Dec. 31, 2021	Dec. 31, 2019EquityInstruments€ / shares
Share-based payments
Weighted average exercise price as of the beginning of the year (in euros) | € / shares				€ 33
Weighted average exercise price cancelled (in euros) | € / shares				33
Weighted average exercise price exercised (in euros) | € / shares				€ 33
Period of authorisation to grant share subscription or purchase options	38 months
TotalEnergies share subscription or purchase option plans
Share-based payments
Existing options as of the beginning of the year				265,230
Cancelled (in shares)				(1,000)
Exercised (in shares)				(264,230)
Vesting period			2 years
Expiry period			8 years
TotalEnergies share subscription or purchase option plans | French subsidiaries
Share-based payments
Transfer restriction period			4 years
TotalEnergies share subscription or purchase option plans | Non-French subsidiaries
Share-based payments
Transfer restriction period			2 years
TotalEnergies share subscription or purchase option plans - 2011 Plan
Share-based payments
Strike price or weighted average exercise price | € / shares		€ 33
Existing options as of the beginning of the year				265,230
Cancelled (in shares)				(1,000)
Exercised (in shares)				(264,230)

Shareholders' equity and sha_17

Shareholders' equity and share-based payments - TOTAL performance share plans (Details)	12 Months Ended
	Dec. 31, 2023Mt	Dec. 31, 2022EquityInstrumentsMt	Dec. 31, 2021EquityInstrumentsitemMt$ / bbl	Dec. 31, 2020EquityInstruments	Dec. 31, 2019EquityInstruments	May 28, 2021EUR (€)	Mar. 18, 2020EUR (€)	Mar. 13, 2019EUR (€)	Mar. 14, 2018EUR (€)	Jul. 26, 2017EUR (€)	Jul. 27, 2016EUR (€)
TotalEnergies performance share plans
Share-based payments
Number outstanding as of the beginning of the period		19,675,018	19,021,217	18,043,937	17,264,934
Notified (in shares)			6,764,548	6,727,352	6,447,069
Cancelled (in shares)			(1,537,552)	(1,432,497)	(1,389,118)
Finally granted (in shares)			(4,573,195)	(4,317,575)	(4,278,948)
Number outstanding as of the end of the period			19,675,018	19,021,217	18,043,937
Vesting period			3 years
Holding period for non-transferability of shares			2 years
TotalEnergies performance share plans - 2016-2018 Plans
Share-based payments
Number of performance conditions | item			2
TotalEnergies performance share plans - 2016 Plan
Share-based payments
Grant date IFRS 2 fair value | €											€ 35.37
Number outstanding as of the beginning of the period					5,543,220
Cancelled (in shares)					(1,267,392)
Finally granted (in shares)					(4,275,828)
TotalEnergies performance share plans - 2017 Plan
Share-based payments
Grant date IFRS 2 fair value | €										€ 35.57
Number outstanding as of the beginning of the period				5,607,859	5,650,919
Cancelled (in shares)				(1,313,687)	(41,220)
Finally granted (in shares)				(4,294,172)	(1,840)
Number outstanding as of the end of the period					5,607,859
TotalEnergies performance share plans - 2018 Plan
Share-based payments
Grant date IFRS 2 fair value | €									€ 36.22
Number outstanding as of the beginning of the period			5,961,865	6,028,435	6,070,795
Cancelled (in shares)			(1,395,555)	(55,830)	(41,260)
Finally granted (in shares)			(4,566,310)	(10,740)	(1,100)
Number outstanding as of the end of the period				5,961,865	6,028,435
TotalEnergies performance share plans - 2019 Plan
Share-based payments
Grant date IFRS 2 fair value | €								€ 40.11
Number outstanding as of the beginning of the period		6,289,076	6,352,464	6,407,643
Notified (in shares)					6,447,069
Cancelled (in shares)			(58,578)	(44,289)	(39,246)
Finally granted (in shares)			(4,810)	(10,890)	(180)
Number outstanding as of the end of the period			6,289,076	6,352,464	6,407,643
Number of performance conditions | item			3
TotalEnergies performance share plans - 2020 Plan
Share-based payments
Grant date IFRS 2 fair value | €							€ 12.40
Number outstanding as of the beginning of the period		6,653,202	6,706,888
Notified (in shares)				6,727,352
Cancelled (in shares)			(52,301)	(18,691)
Finally granted (in shares)			(1,385)	(1,773)
Number outstanding as of the end of the period			6,653,202	6,706,888
Number of performance conditions | item			4
TotalEnergies performance share plans - 2021 Plan
Share-based payments
Grant date IFRS 2 fair value | €						€ 27.40
Number outstanding as of the beginning of the period		6,732,740
Notified (in shares)			6,764,548
Cancelled (in shares)			(31,118)
Finally granted (in shares)			(690)
Number outstanding as of the end of the period			6,732,740
Number of performance conditions | item			5
First number of shares granted to non-senior executives, not subject to performance conditions | item			150
Percentage of shares ranked against peers based on TSR criterion			25.00%
Percentage of shares ranked against peers based on annual variation in netcash flow per share criterion			25.00%
1st place: grant rate (as a percent)			180.00%
2nd place: grant rate (as a percent)			130.00%
3rd place: grant rate (as a percent)			80.00%
4th and 5th places: grant rate (as a percent)			0.00%
Percentage of shares for which pre-dividend organic cash breakeven criterion is assessed			20.00%
Maximum breakeven for maximum grant to be reached | $ / bbl			30
Minimum breakeven for no grant | $ / bbl			40
Percentage of shares ranked based on change in GHG on operated oil and gas facilities			15.00%
Target to reduce GHG emissions | Mt	41.2	41.8	42.4
Amount of emissions above target for zero grant rate | Mt			1
Percentage of shares ranked based on change in indirect green house gas emissions			15.00%
Percentage of target reduction of the CHG emissions	(16.00%)	(14.00%)	(12.00%)
Percentage of reduction in CHG emissions below the target for zero grant rate			4.00%
Percentage of target reduction of the CHG emissions for zero grant rate	(12.00%)	(10.00%)	(8.00%)
Number of grant rates averaged for each performance condition | item			3
Percentage of nearest rounding for performance conditions			0.10%
Maximum average grant rate for each performance condition (as a percent)			100.00%
Percentage of nearest rounding for definitive grant date rates			0.10%

Shareholders' equity and sha_18

Shareholders' equity and share-based payments - SunPower Plans (Details) shares in Millions	12 Months Ended
	Dec. 31, 2021EquityInstrumentsplanshares	Dec. 31, 2020shares	Dec. 31, 2019shares	Dec. 31, 2016	Dec. 31, 2015
SunPower Plans
Share-based payments
Number of stock incentive plans | plan	1
Number of shares withheld to satisfy employees' tax obligations	0.4	1.3	0.8
2015 Plan (SunPower)
Share-based payments
Maximum annual increase of awards	6
Annual automatic increase in awards, as percent of the outstanding shares of the preceding fiscal year				2.00%	3.00%
Shares available for grant	23
2015 Plan (SunPower) | Minimum
Share-based payments
Vesting period	3 years
2015 Plan (SunPower) | Maximum
Share-based payments
Vesting period	4 years
Stock options (SunPower)
Share-based payments
Options remaining outstanding | EquityInstruments	0
Stock options (SunPower) | Maximum
Share-based payments
Expiry period	10 years

Shareholders' equity and sha_19

Shareholders' equity and share-based payments - SunPower Restricted Stocks (Details) - Sun Power restricted stocks EquityInstruments in Thousands	12 Months Ended
	Dec. 31, 2021EquityInstruments$ / shares	Dec. 31, 2020EquityInstruments$ / shares	Dec. 31, 2019EquityInstruments$ / shares
Share-based payments
Number outstanding as of the beginning of the period | EquityInstruments	7,167	9,326	7,660
Shares granted | EquityInstruments	1,932	12,797	5,430
Shares vested | EquityInstruments	(2,905)	(3,596)	(2,460)
Shares forfeited | EquityInstruments	(1,325)	(11,360)	(1,304)
Number outstanding as of the end of the period | EquityInstruments	4,869	7,167	9,326
Weighted-average grant date fair value of outstanding shares as of the beginning of the period | $ / shares	$ 13.75	$ 7.75	$ 9.11
Weighted-average grant date fair value of granted shares | $ / shares	30.47	11.10	6.82
Weighted-average grant date fair value of vested shares | $ / shares	14.67	9.88	9.65
Weighted-average grant date fair value of forfeited shares | $ / shares	15.72	7.07	8.28
Weighted-average grant date fair value of outstanding shares as of the end of the period | $ / shares	$ 19.30	$ 13.75	$ 7.75

Shareholders' equity and sha_20

Shareholders' equity and share-based payments - Expense (Details) $ in Millions	Jun. 09, 2021€ / sharesshares	Jun. 11, 2020€ / sharesshares	Jun. 06, 2019€ / sharesshares	Dec. 31, 2021€ / shares	Dec. 31, 2021USD ($)shares	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)
Share-based payments
Share-based expense					$ 168	$ 214	$ 233
TotalEnergies performance share plans
Share-based payments
Share-based expense					129	176	180
SunPower Plans
Share-based payments
Share-based expense					25	26	26
Capital increase reserved for employees
Share-based payments
Share-based expense					$ 14	$ 12	$ 27
Assumptions used for the valuation of the cost of the capital
Reference price | € / shares				€ 38.08
Subscription price | € / shares	€ 30.50	€ 26.20	€ 40.10	€ 30.50
Number of shares | shares	10,376,190	12,952,925	9,845,111		10,590,000
Risk-free interest rate (as a percent)					(0.45%)
Employees loan financing rate (as a percent)					4.44%
Non-transferability cost (as a percent)					19.31%
Trading period to determine subscription price					20 days
Subscription price discount (as a percent)					20.00%
Consumer's credit rate term for employees loan financing rate					5 years

Payroll, staff and employee b_3

Payroll, staff and employee benefits obligations - Liabilities (Details) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Employee benefits obligations
Restructuring reserves (early retirement plans)	$ 73	$ 106	$ 108
TOTAL	2,672	3,917	3,501
Net liabilities related to assets held for sale	(1)	1
Pension benefits
Employee benefits obligations
Pension benefits and other benefits liabilities	1,966	3,111	2,651
Net liabilities related to assets held for sale	(1)	1
Other benefits
Employee benefits obligations
Pension benefits and other benefits liabilities	$ 633	$ 700	$ 742

Payroll, staff and employee b_4

Payroll, staff and employee benefits obligations - Plans and risk management (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Payroll, staff and employee benefits obligations
Charge recognized for defined contribution plans	$ 145	$ 135	$ 133

Payroll, staff and employee b_5

Payroll, staff and employee benefits obligations - Change in benefit obligations and plan assets (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Change in benefit obligations and plan assets
Net benefit liabilities relating to assets held for sale	$ (1)	$ 1
Euro zone
Change in benefit obligations and plan assets
Contribution for the net pension liability in the balance sheet (as a percent)	97.00%
United Kingdom
Change in benefit obligations and plan assets
Contribution for the net pension liability in the balance sheet (as a percent)	(13.00%)
United States
Change in benefit obligations and plan assets
Contribution for the net pension liability in the balance sheet (as a percent)	15.00%
Pension benefits
Change in benefit obligations and plan assets
Balance at beginning of period	$ 3,047	2,550
Balance at end of period	1,587	3,047	$ 2,550
UNFUNDED STATUS	1,546	3,011	2,516
Pension benefits and other benefits liabilities	1,966	3,111	2,651
Other non-current assets	(378)	(65)	(101)
Net benefit liabilities relating to assets held for sale	(1)	1
Pension benefits | Benefit obligation
Change in benefit obligations and plan assets
Balance at beginning of period	13,591	12,285	11,501
Current service cost	247	244	214
Interest cost (income)	164	217	295
Past service cost	(197)		4
Settlements	3	(10)	(20)
Plan participants' contributions	17	10	7
Benefits paid	(704)	(702)	(667)
Actuarial losses / (gains)	(734)	818	847
Foreign currency translation and other	(610)	729	104
Balance at end of period	11,777	13,591	12,285
Pension benefits | Benefit obligation | Plans entirely or partially funded
Change in benefit obligations and plan assets
Balance at beginning of period	12,830	11,584
Balance at end of period	11,143	12,830	11,584
Pension benefits | Benefit obligation | Plans not funded
Change in benefit obligations and plan assets
Balance at beginning of period	761	701
Balance at end of period	634	761	701
Pension benefits | Plan assets
Change in benefit obligations and plan assets
Balance at beginning of period	(10,580)	(9,769)	(9,145)
Interest cost (income)	(146)	(191)	(255)
Settlements		2	11
Plan participants' contributions	(17)	(10)	(7)
Employer contributions	(303)	(229)	(172)
Benefits paid	635	622	573
Actuarial losses / (gains)	(290)	(517)	(745)
Foreign currency translation and other	470	(488)	(29)
Balance at end of period	(10,231)	(10,580)	(9,769)
Pension benefits | Asset ceiling
Change in benefit obligations and plan assets
Balance at beginning of period	36	34
Balance at end of period	41	36	34
Other benefits
Change in benefit obligations and plan assets
Balance at beginning of period	700	742
Balance at end of period	633	700	742
UNFUNDED STATUS	633	700	742
Pension benefits and other benefits liabilities	633	700	742
Other benefits | Benefit obligation
Change in benefit obligations and plan assets
Balance at beginning of period	700	742	669
Current service cost	17	19	13
Interest cost (income)	8	11	17
Past service cost	(1)
Settlements		(3)	(9)
Benefits paid	(34)	(27)	(26)
Actuarial losses / (gains)	(11)	(89)	87
Foreign currency translation and other	(46)	47	(9)
Balance at end of period	633	700	742
Other benefits | Benefit obligation | Plans not funded
Change in benefit obligations and plan assets
Balance at beginning of period	700	742
Balance at end of period	$ 633	$ 700	$ 742

Payroll, staff and employee b_6

Payroll, staff and employee benefits obligations - Recognized in income and comprehensive income (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Actuarial (Gains) Losses
Benefit amounts recognized on Equity	$ (1,035)	$ 212	$ 192
Pension benefits
Employee benefits obligations
Current service cost	247	244	214
Past service cost	(197)		4
Settlements	3	(7)	(10)
Net interest cost	18	25	39
Benefit amounts recognized on Profit & Loss	71	262	247
Actuarial (Gains) Losses
Effect of changes in demographic assumptions	(71)	(12)	(166)
Effect of changes in financial assumptions	(450)	773	1,071
Effect of experience adjustments	(214)	57	(59)
Actual return on plan assets	(294)	(517)	(745)
Effect of asset ceiling	5		3
Benefit amounts recognized on Equity	(1,024)	301	104
TOTAL BENEFIT AMOUNTS RECOGNIZED ON COMPREHENSIVE INCOME	(953)	563	351
Other benefits
Employee benefits obligations
Current service cost	17	19	13
Past service cost	(1)
Settlements		(3)	(9)
Net interest cost	8	11	17
Benefit amounts recognized on Profit & Loss	24	27	21
Actuarial (Gains) Losses
Effect of changes in demographic assumptions	(8)	(3)	(2)
Effect of changes in financial assumptions	2	(1)	89
Effect of experience adjustments	(5)	(85)
Benefit amounts recognized on Equity	(11)	(89)	87
TOTAL BENEFIT AMOUNTS RECOGNIZED ON COMPREHENSIVE INCOME	$ 13	$ (62)	$ 108

Payroll, staff and employee b_7

Payroll, staff and employee benefits obligations - Expected future cash outflows (Details) $ in Millions	12 Months Ended
	Dec. 31, 2021USD ($)
Pension benefits
Employee benefits obligations
Weighted average duration of accrued benefits	13 years
Expected contributions in respect of funded pension plans in 2020	$ 261
Pension benefits | Not later than one year
Employee benefits obligations
Estimated future payments	649
Pension benefits | Year 2
Employee benefits obligations
Estimated future payments	413
Pension benefits | Year 3
Employee benefits obligations
Estimated future payments	395
Pension benefits | Year 4
Employee benefits obligations
Estimated future payments	387
Pension benefits | Year 5
Employee benefits obligations
Estimated future payments	419
Pension benefits | Year 5 through 10
Employee benefits obligations
Estimated future payments	$ 2,389
Other benefits
Employee benefits obligations
Weighted average duration of accrued benefits	17 years
Other benefits | Not later than one year
Employee benefits obligations
Estimated future payments	$ 27
Other benefits | Year 2
Employee benefits obligations
Estimated future payments	26
Other benefits | Year 3
Employee benefits obligations
Estimated future payments	24
Other benefits | Year 4
Employee benefits obligations
Estimated future payments	24
Other benefits | Year 5
Employee benefits obligations
Estimated future payments	25
Other benefits | Year 5 through 10
Employee benefits obligations
Estimated future payments	$ 122

Payroll, staff and employee b_8

Payroll, staff and employee benefits obligations - Type of assets (Details) - Pension benefits	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Asset allocation
Equity securities	39.00%	25.00%	25.00%
Debt securities	35.00%	45.00%	46.00%
Monetary	1.00%	2.00%	1.00%
Annuity contracts	17.00%	20.00%	20.00%
Real estate	8.00%	8.00%	8.00%

Payroll, staff and employee b_9

Payroll, staff and employee benefits obligations - Actuarial assumptions (Details)	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Pension benefits
Assumptions used to determine benefits obligations
Discount rate (as a percent)	1.82%	1.28%	1.84%
Inflation rate (as a percent)	2.41%	2.06%	2.20%
Pension benefits | Euro zone
Assumptions used to determine benefits obligations
Discount rate (as a percent)	0.99%	0.52%	0.73%
Inflation rate (as a percent)	1.71%	1.24%	1.21%
Pension benefits | United States
Assumptions used to determine benefits obligations
Discount rate (as a percent)	3.00%	2.50%	3.25%
Inflation rate (as a percent)	2.50%	2.50%	2.50%
Pension benefits | United Kingdom
Assumptions used to determine benefits obligations
Discount rate (as a percent)	2.00%	1.50%	2.25%
Inflation rate (as a percent)	3.25%	3.00%	3.25%
Other benefits
Assumptions used to determine benefits obligations
Discount rate (as a percent)	1.83%	1.41%	1.71%
Other benefits | Euro zone
Assumptions used to determine benefits obligations
Discount rate (as a percent)	1.05%	0.68%	0.94%
Other benefits | United States
Assumptions used to determine benefits obligations
Discount rate (as a percent)	3.00%	2.50%	3.25%

Payroll, staff and employee _10

Payroll, staff and employee benefits obligations - Sensitivity analysis (Details) $ in Millions	Dec. 31, 2021USD ($)
Discount rates
Sensitivity analysis
Increase in actuarial assumption (as a percent)	0.50%
Decrease in actuarial assumption (as a percent)	0.50%
Impact on benefit obligation from increase in actuarial assumption	$ (800)
Impact on benefit obligation from decrease in actuarial assumption	$ 866
Inflation rates
Sensitivity analysis
Increase in actuarial assumption (as a percent)	0.50%
Decrease in actuarial assumption (as a percent)	0.50%
Impact on benefit obligation from increase in actuarial assumption	$ 475
Impact on benefit obligation from decrease in actuarial assumption	$ (567)

Payroll, staff and employee _11

Payroll, staff and employee benefits obligations - Payroll and staff (Details) $ in Millions	12 Months Ended
	Dec. 31, 2021USD ($)employee	Dec. 31, 2020USD ($)employee	Dec. 31, 2019USD ($)employee
Personnel expenses
Wages and salaries (including social charges) | $	$ 9,207	$ 8,908	$ 8,922
Group employees
TOTAL	101,309	105,476	107,776
France
Group employees
Management	13,903	14,016	13,848
Other	21,232	21,886	22,831
International
Group employees
Management	17,346	17,102	16,821
Other	48,828	52,472	54,276

Income taxes - Current and defe

Income taxes - Current and deferred (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Income taxes
Current income taxes	$ (8,158)	$ (2,450)	$ (5,469)
Deferred income taxes	(1,429)	2,132	(403)
TOTAL INCOME TAXES	$ (9,587)	$ (318)	$ (5,872)

Income taxes - Deferred tax bal

Income taxes - Deferred tax balances (Details) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Deferred tax assets and liabilities
NET DEFERRED TAX LIABILITY	$ (5,504)	$ (3,310)	$ (5,642)	$ (4,827)
Net operating losses and tax carry forwards
Deferred tax assets and liabilities
Deferred tax asset	5,129	5,106	3,752
Employee benefits
Deferred tax assets and liabilities
Deferred tax asset	586	1,004	970
Other temporary non-deductible provisions or tax deductions
Deferred tax assets and liabilities
Deferred tax asset	8,235	9,068	8,660
Deferred tax liability	(4,221)	(3,847)	(2,995)
Differences in depreciations
Deferred tax assets and liabilities
Deferred tax liability	$ (15,233)	$ (14,641)	$ (16,029)

Income taxes - Deferred tax ass

Income taxes - Deferred tax assets not recognized (Details) $ in Millions	Dec. 31, 2021USD ($)
Deferred tax assets and liabilities
Undistributed reserves of subsidiaries for which no deferred tax liability is recognized	$ 6,727
Unrecognised deferred tax assets	4,924
France
Deferred tax assets and liabilities
Unrecognised deferred tax assets	1,371
Canada
Deferred tax assets and liabilities
Unrecognised deferred tax assets	1,283
United States
Deferred tax assets and liabilities
Unrecognised deferred tax assets	$ 276

Income taxes - Deferred tax b_2

Income taxes - Deferred tax balance sheet presentation (Details) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Deferred taxes presented on the balance sheet
Deferred tax assets	$ 5,400	$ 7,016	$ 6,216
Deferred tax liabilities	(10,904)	(10,326)	(11,858)
NET DEFERRED TAX LIABILITY	$ (5,504)	$ (3,310)	$ (5,642)	$ (4,827)

Income taxes - Deferred tax var

Income taxes - Deferred tax variation (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Reconciliation of deferred tax variation
Opening balance	$ (3,310)	$ (5,642)	$ (4,827)
Deferred tax on income	(1,429)	2,132	(403)
Deferred tax on shareholders' equity	(546)	137	255
Changes in scope of consolidation and others	(315)	76	(695)
Currency translation adjustment	96	(13)	28
CLOSING BALANCE	$ (5,504)	$ (3,310)	$ (5,642)

Income taxes - Reconciliation (

Income taxes - Reconciliation (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Reconciliation between provision for income taxes and pre-tax income
Consolidated net income	$ 16,366	$ (7,336)	$ 11,438
Income taxes	9,587	318	5,872
Pre-tax income	$ 25,953	$ (7,018)	$ 17,310
French statutory tax rate (as a percent)	28.41%	32.02%	34.43%
Theoretical tax charge	$ (7,373)	$ 2,247	$ (5,960)
Difference between French and foreign income tax rates	(3,754)	(1,109)	(2,007)
Tax effect on equity in income (loss) of affiliates	977	145	1,173
Permanent differences	738	665	1,422
Adjustments on prior years income taxes	109	(31)	12
Adjustments on deferred tax related to changes in tax rates	(119)	(204)	(270)
Variation of deferred tax assets not recognized	(165)	(2,031)	(242)
TOTAL INCOME TAXES	$ (9,587)	$ (318)	$ (5,872)
Standard corporate tax rate (as a percent)	27.50%	27.50%	27.50%

Income taxes - Carried forward

Income taxes - Carried forward tax credits (Details) - Net operating losses and tax carry forwards - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Deferred tax assets and liabilities
Deferred tax assets	$ 5,129	$ 5,106	$ 3,752
Australia
Deferred tax assets and liabilities
Deferred tax assets	1,044
United States
Deferred tax assets and liabilities
Deferred tax assets	896
Canada
Deferred tax assets and liabilities
Deferred tax assets	1,079
France
Deferred tax assets and liabilities
Deferred tax assets	586
United Kingdom
Deferred tax assets and liabilities
Deferred tax assets	145
Not later than one year
Deferred tax assets and liabilities
Deferred tax assets	27	69	71
Year 2
Deferred tax assets and liabilities
Deferred tax assets	1	26	48
Year 3
Deferred tax assets and liabilities
Deferred tax assets	5	7	27
Year 4
Deferred tax assets and liabilities
Deferred tax assets	25	2	19
Year 4 | Canada
Deferred tax assets and liabilities
Deferred tax assets	17
Year 5 and after
Deferred tax assets and liabilities
Deferred tax assets	1,652	1,643	1,310
Year 5 and after | United States
Deferred tax assets and liabilities
Deferred tax assets	424
Year 5 and after | Canada
Deferred tax assets and liabilities
Deferred tax assets	1,062
Unlimited
Deferred tax assets and liabilities
Deferred tax assets	3,419	$ 3,359	$ 2,277
Unlimited | Australia
Deferred tax assets and liabilities
Deferred tax assets	1,044
Unlimited | United States
Deferred tax assets and liabilities
Deferred tax assets	472
Unlimited | France
Deferred tax assets and liabilities
Deferred tax assets	586
Unlimited | United Kingdom
Deferred tax assets and liabilities
Deferred tax assets	$ 145

Provisions and other non-curr_3

Provisions and other non-current liabilities - Components (Details) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Provisions and other non-current liabilities
Other non-current liabilities	$ 1,430	$ 1,409	$ 2,066
TOTAL	20,269	20,925	20,613	$ 21,432
Litigations and accrued penalty claims
Provisions and other non-current liabilities
Provisions	285	320	386
Litigations and accrued penalty claims | Exploration & Production
Provisions and other non-current liabilities
Provisions	192	208	286
Provisions for environmental contingencies
Provisions and other non-current liabilities
Provisions	812	960	742
Asset retirement obligations
Provisions and other non-current liabilities
Provisions	14,976	15,368	14,492	$ 14,286
Other non-current provisions
Provisions and other non-current liabilities
Provisions	2,766	2,868	2,927
Restructuring activities
Provisions and other non-current liabilities
Provisions	506	293	135
Financial risks related to non-consolidated and equity consolidated affiliates
Provisions and other non-current liabilities
Provisions	265	134	130
Contingency reserve on solar panels warranties (Sunpower)
Provisions and other non-current liabilities
Provisions	$ 83	$ 82	$ 140

Provisions and other non-curr_4

Provisions and other non-current liabilities - Changes (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Changes in provisions and other non-current liabilities
Balance as of the beginning of the period	$ 20,925	$ 20,613	$ 21,432
Allowances	1,446	1,756	1,248
Reversals	(1,560)	(1,378)	(2,414)
Currency translation adjustment	(404)	452	(33)
Other	(138)	(518)	380
Balance as of the end of the period	20,269	20,925	20,613
Asset retirement obligations
Changes in provisions and other non-current liabilities
Allowances	449	607	639
Reversals	(527)	(519)	(460)
Provisions for environmental contingencies
Changes in provisions and other non-current liabilities
Allowances	43	217	30
Reversals	(178)	(93)	(92)
Restructuring activities
Changes in provisions and other non-current liabilities
Allowances	415	271	60
Reversals	$ (178)	$ (135)	$ (122)

Provisions and other non-curr_5

Provisions and other non-current liabilities - Asset retirement obligation (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Asset Retirement Obligation
Discount rate for valuation of asset retirement obligation (as a percent)	3.00%	3.00%	4.50%
Inflation rate for valuation of asset retirement obligation (as a percent)	1.50%	1.50%	2.00%
Asset retirement obligations
Asset Retirement Obligation
Potential change in discount rate (as a percent)	0.50%
Increase in asset retirement obligation for decrease in discount rate	$ 1,384
Impact on following year's net income for decrease in discount rate	(93)
Changes in the asset retirement obligation
Balance as of the beginning of the period	15,368	$ 14,492	$ 14,286
Accretion	449	607	639
Revision in estimates	(109)	526	(601)
New obligations	228	87	567
Spending on existing obligations	(527)	(519)	(460)
Currency translation adjustment	(194)	284	47
Other	(239)	(109)	14
Balance as of the end of the period	$ 14,976	$ 15,368	$ 14,492

Provisions and other non-curr_6

Provisions and other non-current liabilities - Other risks and contingent liabilities (Details) - Contingent liabilities - legal proceedings	Mar. 15, 2017company	Apr. 28, 2016employee	Sep. 30, 2020company	Dec. 31, 2017subsidiarycompany
FERC
Disclosure of contingent liabilities
Number of former employees issued order to show cause | employee		2
Number of companies involved in class action lawsuit	3
Disputing relating to climate
Disclosure of contingent liabilities
Number of subsidiaries assigned for liability in climate change | subsidiary				2
Number of other companies and professional associations contesting court's competence				34
Number of other oil companies against which indemnity claim was launched			30

Off balance sheet commitments_3

Off balance sheet commitments and lease contracts - Off balance sheet commitments and contingencies (Details) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Off Balance sheet commitments and lease contracts
Non-current debt obligations net of hedging instruments	$ 40,311	$ 48,705	$ 40,931
Current portion of non-current debt obligations net of hedging instruments	5,073	4,674	5,331
Lease obligations	9,034	8,943	7,465
Asset retirement obligations	14,976	15,368	14,492
Contractual obligations recorded in the balance sheet	69,394	77,690	68,219
Lease obligations for low value assets, short term contracts or not yet commenced	1,679	1,745	2,077
Purchase obligations	136,032	143,177	147,516
Contractual obligations not recorded in the balance sheet	137,711	144,922	149,593
TOTAL OF CONTRACTUAL OBLIGATIONS	207,105	222,612	217,812
OTHER COMMITMENTS GIVEN	70,675	62,449	54,184
Assets received as collateral (security interests)	62	77	85
Sales obligations	92,555	80,521	93,441
Other commitments received	22,326	20,401	22,358
TOTAL OF COMMITMENTS RECEIVED	114,943	100,999	115,884
Commitments given relating to joint ventures	33,373	34,920	39,055
Commitments given relating to associates	34,491	51,795	31,465
Non-current lease obligations	7,644	7,736	6,263
Current portion of lease obligations	1,390	1,207	1,202
Not later than one year
Off Balance sheet commitments and lease contracts
Current portion of non-current debt obligations net of hedging instruments	5,073	4,674	5,331
Lease obligations	1,390	1,207	1,202
Asset retirement obligations	610	463	617
Contractual obligations recorded in the balance sheet	7,073	6,344	7,150
Lease obligations for low value assets, short term contracts or not yet commenced	689	704	536
Purchase obligations	13,333	11,719	10,763
Contractual obligations not recorded in the balance sheet	14,022	12,423	11,299
TOTAL OF CONTRACTUAL OBLIGATIONS	21,095	18,767	18,449
OTHER COMMITMENTS GIVEN	11,969	11,306	9,867
Assets received as collateral (security interests)	37	28	23
Sales obligations	7,565	7,001	7,135
Other commitments received	17,285	15,270	16,845
TOTAL OF COMMITMENTS RECEIVED	24,887	22,299	24,003
Commitments given relating to joint ventures	253	644	461
Commitments given relating to associates	727	999	913
Between 1 and 5 years
Off Balance sheet commitments and lease contracts
Non-current debt obligations net of hedging instruments	16,811	22,745	19,888
Lease obligations	3,321	3,178	2,883
Asset retirement obligations	1,751	1,840	3,153
Contractual obligations recorded in the balance sheet	21,883	27,763	25,924
Lease obligations for low value assets, short term contracts or not yet commenced	543	626	879
Purchase obligations	36,174	39,126	38,189
Contractual obligations not recorded in the balance sheet	36,717	39,752	39,068
TOTAL OF CONTRACTUAL OBLIGATIONS	58,600	67,515	64,992
OTHER COMMITMENTS GIVEN	9,877	8,766	10,854
Assets received as collateral (security interests)	16	24	37
Sales obligations	33,271	29,362	31,330
Other commitments received	1,755	1,474	1,705
TOTAL OF COMMITMENTS RECEIVED	35,042	30,860	33,072
Commitments given relating to joint ventures	7,353	7,288	11,822
Commitments given relating to associates	9,110	8,664	8,381
More than 5 years
Off Balance sheet commitments and lease contracts
Non-current debt obligations net of hedging instruments	23,500	25,960	21,043
Lease obligations	4,323	4,558	3,380
Asset retirement obligations	12,615	13,065	10,722
Contractual obligations recorded in the balance sheet	40,438	43,583	35,145
Lease obligations for low value assets, short term contracts or not yet commenced	447	415	662
Purchase obligations	86,525	92,332	98,564
Contractual obligations not recorded in the balance sheet	86,972	92,747	99,226
TOTAL OF CONTRACTUAL OBLIGATIONS	127,410	136,330	134,371
OTHER COMMITMENTS GIVEN	48,829	42,377	33,463
Assets received as collateral (security interests)	9	25	25
Sales obligations	51,719	44,158	54,976
Other commitments received	3,286	3,657	3,808
TOTAL OF COMMITMENTS RECEIVED	55,014	47,840	58,809
Commitments given relating to joint ventures	25,767	26,988	26,772
Commitments given relating to associates	24,654	42,132	22,171
Guarantees given to customs authorities
Off Balance sheet commitments and lease contracts
OTHER COMMITMENTS GIVEN	2,236	2,312	2,012
Guarantees given to customs authorities | Not later than one year
Off Balance sheet commitments and lease contracts
OTHER COMMITMENTS GIVEN	2,122	2,189	1,876
Guarantees given to customs authorities | Between 1 and 5 years
Off Balance sheet commitments and lease contracts
OTHER COMMITMENTS GIVEN	50	60	17
Guarantees given to customs authorities | More than 5 years
Off Balance sheet commitments and lease contracts
OTHER COMMITMENTS GIVEN	64	63	119
Guarantees given on borrowings
Off Balance sheet commitments and lease contracts
OTHER COMMITMENTS GIVEN	20,428	14,164	14,510
Guarantees given on borrowings | Yemen LNG Company Limited
Off Balance sheet commitments and lease contracts
OTHER COMMITMENTS GIVEN	509	509
Guarantees given on borrowings | Arctic LNG 2 LLC
Off Balance sheet commitments and lease contracts
OTHER COMMITMENTS GIVEN	1,076
Guarantees given on borrowings | Ichthys LNG PTY Limited
Off Balance sheet commitments and lease contracts
OTHER COMMITMENTS GIVEN	4,860	4,912
Guarantees given on borrowings | Yamal LNG
Off Balance sheet commitments and lease contracts
OTHER COMMITMENTS GIVEN	3,469	3,250
Guarantees given on borrowings | Bayport Polymers LLC
Off Balance sheet commitments and lease contracts
OTHER COMMITMENTS GIVEN	1,820	1,820
Guarantees given on borrowings | TotalEnergies Refining & Chemicals Saudi Arabia S.A.S.
Off Balance sheet commitments and lease contracts
OTHER COMMITMENTS GIVEN	1,120	1,164
Guarantees given on borrowings | Mozambique LNG project
Off Balance sheet commitments and lease contracts
OTHER COMMITMENTS GIVEN	4,600
Guarantees given on borrowings | Not later than one year
Off Balance sheet commitments and lease contracts
OTHER COMMITMENTS GIVEN	595	746	306
Guarantees given on borrowings | Between 1 and 5 years
Off Balance sheet commitments and lease contracts
OTHER COMMITMENTS GIVEN	3,734	3,660	7,372
Guarantees given on borrowings | More than 5 years
Off Balance sheet commitments and lease contracts
OTHER COMMITMENTS GIVEN	16,099	9,758	6,832
Guarantees related to sales of businesses
Off Balance sheet commitments and lease contracts
OTHER COMMITMENTS GIVEN	316	333	331
Guarantees related to sales of businesses | Not later than one year
Off Balance sheet commitments and lease contracts
OTHER COMMITMENTS GIVEN	163	179	163
Guarantees related to sales of businesses | Between 1 and 5 years
Off Balance sheet commitments and lease contracts
OTHER COMMITMENTS GIVEN			16
Guarantees related to sales of businesses | More than 5 years
Off Balance sheet commitments and lease contracts
OTHER COMMITMENTS GIVEN	153	154	152
Guarantees of current liabilities
Off Balance sheet commitments and lease contracts
OTHER COMMITMENTS GIVEN	70	147	172
Guarantees of current liabilities | Not later than one year
Off Balance sheet commitments and lease contracts
OTHER COMMITMENTS GIVEN	69	68	79
Guarantees of current liabilities | Between 1 and 5 years
Off Balance sheet commitments and lease contracts
OTHER COMMITMENTS GIVEN	1	56	60
Guarantees of current liabilities | More than 5 years
Off Balance sheet commitments and lease contracts
OTHER COMMITMENTS GIVEN		23	33
Guarantees to customers / suppliers
Off Balance sheet commitments and lease contracts
OTHER COMMITMENTS GIVEN	23,494	19,182	12,318
Guarantees to customers / suppliers | Not later than one year
Off Balance sheet commitments and lease contracts
OTHER COMMITMENTS GIVEN	3,093	2,603	1,435
Guarantees to customers / suppliers | Between 1 and 5 years
Off Balance sheet commitments and lease contracts
OTHER COMMITMENTS GIVEN	4,376	1,853	2,169
Guarantees to customers / suppliers | More than 5 years
Off Balance sheet commitments and lease contracts
OTHER COMMITMENTS GIVEN	16,025	14,726	8,714
Letters of credit
Off Balance sheet commitments and lease contracts
OTHER COMMITMENTS GIVEN	2,993	2,432	2,786
Letters of credit | Not later than one year
Off Balance sheet commitments and lease contracts
OTHER COMMITMENTS GIVEN	2,869	2,297	2,768
Letters of credit | Between 1 and 5 years
Off Balance sheet commitments and lease contracts
OTHER COMMITMENTS GIVEN	122	135	18
Letters of credit | More than 5 years
Off Balance sheet commitments and lease contracts
OTHER COMMITMENTS GIVEN	2
Other operating commitments
Off Balance sheet commitments and lease contracts
OTHER COMMITMENTS GIVEN	21,138	23,879	22,055
Other operating commitments | Not later than one year
Off Balance sheet commitments and lease contracts
OTHER COMMITMENTS GIVEN	3,058	3,224	3,240
Other operating commitments | Between 1 and 5 years
Off Balance sheet commitments and lease contracts
OTHER COMMITMENTS GIVEN	1,594	3,002	1,202
Other operating commitments | More than 5 years
Off Balance sheet commitments and lease contracts
OTHER COMMITMENTS GIVEN	$ 16,486	$ 17,653	$ 17,613

Off balance sheet commitments_4

Off balance sheet commitments and lease contracts - Impact of application of IFRS 16 (Details) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Initial application
Fixed assets	$ 106,559	$ 108,335	$ 116,408	$ 113,324
Net debt	$ (28,854)	$ (37,139)	$ (31,124)
IFRS 16 | Increase (decrease) due to application of new IFRS
Initial application
Fixed assets				5,698
Net debt				(5,505)
Other assets and liabilities				$ (193)
Weighted average incremental borrowing rate				4.50%
Right of use				$ 5,698
IFRS 16 | Increase (decrease) due to application of new IFRS | Buildings
Initial application
Right of use				2,278
IFRS 16 | Increase (decrease) due to application of new IFRS | Machinery, plant and equipment
Initial application
Right of use				2,632
IFRS 16 | Increase (decrease) due to application of new IFRS | Other
Initial application
Right of use				$ 788

Off balance sheet commitments_5

Off balance sheet commitments and lease contracts - Leases (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Lease contracts
Minimum lease payments for exempted lease contracts	$ 1,679	$ 1,745	$ 2,077
Minimum lease payments for leases recorded in balance sheet	12,516	12,453	10,191
Less financial expenses	(3,482)	(3,510)	(2,726)
Total lease liabilities	9,034	8,943	7,465
Less current portion of lease contracts	(1,390)	(1,207)	(1,202)
NON-CURRENT LEASE LIABILITIES	7,644	7,736	6,263
Rental expense
Rental expense incurred under short term leases or low value assets leases	487	600	366
Rental expense incurred under variable lease payments	242	162	132
Not later than one year
Lease contracts
Minimum lease payments for exempted lease contracts	689	704	536
Minimum lease payments for leases recorded in balance sheet	1,835	1,659	1,586
Total lease liabilities	1,390	1,207	1,202
Year 2
Lease contracts
Minimum lease payments for exempted lease contracts	194	252	360
Minimum lease payments for leases recorded in balance sheet	1,347	1,366	1,228
Year 3
Lease contracts
Minimum lease payments for exempted lease contracts	136	159	212
Minimum lease payments for leases recorded in balance sheet	1,199	1,117	1,019
Year 4
Lease contracts
Minimum lease payments for exempted lease contracts	111	118	162
Minimum lease payments for leases recorded in balance sheet	1,097	1,022	835
Year 5
Lease contracts
Minimum lease payments for exempted lease contracts	102	97	145
Minimum lease payments for leases recorded in balance sheet	1,021	964	766
More than 5 years
Lease contracts
Minimum lease payments for exempted lease contracts	447	415	662
Minimum lease payments for leases recorded in balance sheet	6,017	6,325	4,757
Total lease liabilities	$ 4,323	$ 4,558	$ 3,380

Financial assets and liabilit_3

Financial assets and liabilities analysis per instrument class and strategy (Details) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Financial assets and liabilities analysis per instrument class and strategy
Total financial assets	$ 96,173	$ 72,671	$ 70,341
Total non-financial assets	197,285	193,461	202,953
TOTAL ASSETS	293,458	266,132	273,294
Fair value, financial assets	96,173	72,671	70,341
Total financial liabilities	(129,050)	(115,381)	(107,735)
Total non-financial liabilities	(164,408)	(150,751)	(165,559)
TOTAL LIABILITIES	(293,458)	(266,132)	(273,294)
Fair value, financial liabilities	(132,686)	(121,410)	(110,883)
Non-current financial debt
Financial assets and liabilities analysis per instrument class and strategy
Total financial liabilities	(49,512)	(60,203)	(47,773)
Fair value, financial liabilities	(53,144)	(66,210)	(50,921)
Accounts payable
Financial assets and liabilities analysis per instrument class and strategy
Total financial liabilities	(36,837)	(23,574)	(28,394)
Fair value, financial liabilities	(36,837)	(23,574)	(28,394)
Impact of offsetting on accounts payable	4,584	1,844	2,073
Other operating liabilities
Financial assets and liabilities analysis per instrument class and strategy
Total financial liabilities	(27,294)	(14,302)	(16,262)
Fair value, financial liabilities	(27,294)	(14,302)	(16,262)
Current borrowings
Financial assets and liabilities analysis per instrument class and strategy
Total financial liabilities	(15,035)	(17,099)	(14,819)
Fair value, financial liabilities	(15,039)	(17,121)	(14,819)
Other current financial liabilities
Financial assets and liabilities analysis per instrument class and strategy
Total financial liabilities	(372)	(203)	(487)
Fair value, financial liabilities	(372)	(203)	(487)
Loans to equity affiliates
Financial assets and liabilities analysis per instrument class and strategy
Total financial assets	4,532	5,129	3,999
Fair value, financial assets	4,532	5,129	3,999
Other investments
Financial assets and liabilities analysis per instrument class and strategy
Total financial assets	1,625	2,007	1,778
Fair value, financial assets	1,625	2,007	1,778
Non-current financial assets
Financial assets and liabilities analysis per instrument class and strategy
Total financial assets	2,404	4,781	912
Fair value, financial assets	2,404	4,781	912
Other non-current assets
Financial assets and liabilities analysis per instrument class and strategy
Total financial assets	2,419	2,745	2,314
Fair value, financial assets	2,419	2,745	2,314
Accounts receivable
Financial assets and liabilities analysis per instrument class and strategy
Total financial assets	21,983	14,068	18,488
Fair value, financial assets	21,983	14,068	18,488
Impact of offsetting on accounts receivable	(4,584)	(1,844)	(2,073)
Other operating receivables
Financial assets and liabilities analysis per instrument class and strategy
Total financial assets	29,553	8,043	11,506
Fair value, financial assets	29,553	8,043	11,506
Current financial assets
Financial assets and liabilities analysis per instrument class and strategy
Total financial assets	12,315	4,630	3,992
Fair value, financial assets	12,315	4,630	3,992
Cash and cash equivalents
Financial assets and liabilities analysis per instrument class and strategy
Total financial assets	21,342	31,268	27,352
Fair value, financial assets	21,342	31,268	27,352
Amortised cost
Financial assets and liabilities analysis per instrument class and strategy
Total financial liabilities	(110,973)	(109,778)	(100,175)
Amortised cost | Non-current financial debt
Financial assets and liabilities analysis per instrument class and strategy
Total financial liabilities	(47,973)	(58,470)	(46,035)
Amortised cost | Accounts payable
Financial assets and liabilities analysis per instrument class and strategy
Total financial liabilities	(36,837)	(23,574)	(28,394)
Amortised cost | Other operating liabilities
Financial assets and liabilities analysis per instrument class and strategy
Total financial liabilities	(11,128)	(10,635)	(10,927)
Amortised cost | Current borrowings
Financial assets and liabilities analysis per instrument class and strategy
Total financial liabilities	(15,035)	(17,099)	(14,819)
Fair value through P&L - liabilities
Financial assets and liabilities analysis per instrument class and strategy
Total financial liabilities	(15,363)	(3,883)	(5,440)
Fair value through P&L - liabilities | Non-current financial debt
Financial assets and liabilities analysis per instrument class and strategy
Total financial liabilities	(41)	(118)	(44)
Fair value through P&L - liabilities | Other operating liabilities
Financial assets and liabilities analysis per instrument class and strategy
Total financial liabilities	(15,266)	(3,666)	(5,333)
Fair value through P&L - liabilities | Other current financial liabilities
Financial assets and liabilities analysis per instrument class and strategy
Total financial liabilities	(56)	(99)	(63)
Other comprehensive income - liabilities
Financial assets and liabilities analysis per instrument class and strategy
Total financial liabilities	(900)
Other comprehensive income - liabilities | Other operating liabilities
Financial assets and liabilities analysis per instrument class and strategy
Total financial liabilities	(900)
Fair value of bonds hedging instruments
Financial assets and liabilities analysis per instrument class and strategy
Total financial liabilities	(1,814)	(1,720)	(2,120)
Fair value of bonds hedging instruments | Non-current financial debt
Financial assets and liabilities analysis per instrument class and strategy
Total financial liabilities	(1,498)	(1,615)	(1,694)
Fair value of bonds hedging instruments | Other operating liabilities
Financial assets and liabilities analysis per instrument class and strategy
Total financial liabilities		(1)	(2)
Fair value of bonds hedging instruments | Other current financial liabilities
Financial assets and liabilities analysis per instrument class and strategy
Total financial liabilities	(316)	(104)	(424)
Amortized cost
Financial assets and liabilities analysis per instrument class and strategy
Total financial assets	70,265	65,391	62,900
Amortized cost | Loans to equity affiliates
Financial assets and liabilities analysis per instrument class and strategy
Total financial assets	4,532	5,129	3,999
Amortized cost | Non-current financial assets
Financial assets and liabilities analysis per instrument class and strategy
Total financial assets	847	1,019	164
Amortized cost | Other non-current assets
Financial assets and liabilities analysis per instrument class and strategy
Total financial assets	2,419	2,745	2,314
Amortized cost | Accounts receivable
Financial assets and liabilities analysis per instrument class and strategy
Total financial assets	21,983	14,068	18,488
Amortized cost | Other operating receivables
Financial assets and liabilities analysis per instrument class and strategy
Total financial assets	7,141	6,615	6,713
Amortized cost | Current financial assets
Financial assets and liabilities analysis per instrument class and strategy
Total financial assets	12,001	4,547	3,870
Amortized cost | Cash and cash equivalents
Financial assets and liabilities analysis per instrument class and strategy
Total financial assets	21,342	31,268	27,352
Fair value through P&L - assets
Financial assets and liabilities analysis per instrument class and strategy
Total financial assets	23,161	3,258	6,421
Fair value through P&L - assets | Other investments
Financial assets and liabilities analysis per instrument class and strategy
Total financial assets	1,052	1,224	1,272
Fair value through P&L - assets | Non-current financial assets
Financial assets and liabilities analysis per instrument class and strategy
Total financial assets	770	541	236
Fair value through P&L - assets | Other operating receivables
Financial assets and liabilities analysis per instrument class and strategy
Total financial assets	21,067	1,428	4,791
Fair value through P&L - assets | Current financial assets
Financial assets and liabilities analysis per instrument class and strategy
Total financial assets	272	65	122
Other Comprehensive Income
Financial assets and liabilities analysis per instrument class and strategy
Total financial assets	1,918	783	506
Other Comprehensive Income | Other investments
Financial assets and liabilities analysis per instrument class and strategy
Total financial assets	573	783	506
Other Comprehensive Income | Other operating receivables
Financial assets and liabilities analysis per instrument class and strategy
Total financial assets	1,345
Fair value of bonds hedging instruments
Financial assets and liabilities analysis per instrument class and strategy
Total financial assets	829	3,239	514
Fair value of bonds hedging instruments | Non-current financial assets
Financial assets and liabilities analysis per instrument class and strategy
Total financial assets	787	3,221	512
Fair value of bonds hedging instruments | Other operating receivables
Financial assets and liabilities analysis per instrument class and strategy
Total financial assets			$ 2
Fair value of bonds hedging instruments | Current financial assets
Financial assets and liabilities analysis per instrument class and strategy
Total financial assets	$ 42	$ 18

Financial structure and finan_3

Financial structure and financial costs - Non-current financial debt and derivative financial instruments (Details) - USD ($) $ in Millions	1 Months Ended
	Apr. 30, 2020	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Financial structure, financial costs and financial instruments
Non-current financial debt		$ 49,512	$ 60,203	$ 47,773
Non-current financial assets		(2,404)	(4,781)	(912)
NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS		47,108	55,422	46,861
Committed credit facilities granted by banks		12,314
Syndicated credit line
Financial structure, financial costs and financial instruments
Committed credit facilities granted by banks	$ 6,350
Borrowings term	12 months
Borrowings, period of extension option	6 months
VARIABLE RATE BONDS OR BONDS AFTER FAIR VALUE HEDGE
Financial structure, financial costs and financial instruments
NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS		12,820	16,553	19,340
FIXED RATE BONDS OR BONDS AFTER CASH FLOW HEDGE
Financial structure, financial costs and financial instruments
NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS		27,147	28,080	20,499
Other floating rate debt
Financial structure, financial costs and financial instruments
NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS		649	3,984	690
Other fixed rate debt
Financial structure, financial costs and financial instruments
NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS		424	511	425
Lease obligations
Financial structure, financial costs and financial instruments
NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS		7,644	7,736	6,263
Non-current financial assets excluding derivative financial instruments
Financial structure, financial costs and financial instruments
NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS		(1,522)	(1,451)	(333)
Other financial instruments/held for trading
Financial structure, financial costs and financial instruments
NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS		(54)	9	(23)
Hedging instruments of non-current financial debt
Financial structure, financial costs and financial instruments
Non-current financial debt		1,498	1,615	1,694
Non-current financial assets		(787)	(3,221)	(512)
Secured
Financial structure, financial costs and financial instruments
Non-current financial debt		7,720	7,849	6,438
Non-current financial assets		(847)	(1,019)	(164)
NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS		6,873	6,830	6,274
Secured | Other floating rate debt
Financial structure, financial costs and financial instruments
NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS		15	40	72
Secured | Other fixed rate debt
Financial structure, financial costs and financial instruments
NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS		61	73	103
Secured | Lease obligations
Financial structure, financial costs and financial instruments
NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS		7,644	7,736	6,263
Secured | Non-current financial assets excluding derivative financial instruments
Financial structure, financial costs and financial instruments
NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS		(847)	(1,019)	(164)
Unsecured
Financial structure, financial costs and financial instruments
Non-current financial debt		41,792	52,354	41,335
Non-current financial assets		(1,557)	(3,762)	(748)
NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS		40,235	48,592	40,587
Unsecured | VARIABLE RATE BONDS OR BONDS AFTER FAIR VALUE HEDGE
Financial structure, financial costs and financial instruments
NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS		12,820	16,553	19,340
Unsecured | FIXED RATE BONDS OR BONDS AFTER CASH FLOW HEDGE
Financial structure, financial costs and financial instruments
NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS		27,147	28,080	20,499
Unsecured | Other floating rate debt
Financial structure, financial costs and financial instruments
NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS		634	3,944	618
Unsecured | Other fixed rate debt
Financial structure, financial costs and financial instruments
NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS		363	438	322
Unsecured | Non-current financial assets excluding derivative financial instruments
Financial structure, financial costs and financial instruments
NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS		(675)	(432)	(169)
Unsecured | Other financial instruments/held for trading
Financial structure, financial costs and financial instruments
NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS		(54)	9	(23)
Unsecured | Hedging instruments of non-current financial debt
Financial structure, financial costs and financial instruments
Non-current financial debt		1,498	1,615	1,694
Non-current financial assets		$ (787)	$ (3,221)	$ (512)

Financial structure and finan_4

Financial structure and financial costs - Fair value of bonds (Details) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Non-current financial debt
Current portion (less than one year)	$ (3,092)	$ (12,672)	$ (11,314)
Non-current financial debt and related financial instruments	47,108	55,422	46,861
USLIBOR
Non-current financial debt
Fair value after hedging	15,862
VARIABLE RATE BONDS OR BONDS AFTER FAIR VALUE HEDGE
Non-current financial debt
Non-current financial debt and related financial instruments	12,820	16,553	19,340
FIXED RATE BONDS OR BONDS AFTER CASH FLOW HEDGE
Non-current financial debt
Non-current financial debt and related financial instruments	27,147	28,080	20,499
Principal financing entities | VARIABLE RATE BONDS OR BONDS AFTER FAIR VALUE HEDGE
Non-current financial debt
Current portion (less than one year)	(2,540)	(2,699)	(3,661)
Non-current financial debt and related financial instruments	12,122	14,658	17,438
Principal financing entities | Variable rate bonds or bonds after fair value hedge, USD
Non-current financial debt
Fair value after hedging	$ 5,001	6,253	6,276
Principal financing entities | Variable rate bonds or bonds after fair value hedge, USD | Minimum
Non-current financial debt
Initial current rate before hedging instruments (as a percent)	2.434%
Principal financing entities | Variable rate bonds or bonds after fair value hedge, USD | Maximum
Non-current financial debt
Initial current rate before hedging instruments (as a percent)	3.883%
Principal financing entities | Variable rate bonds or bonds after fair value hedge, USD, USLIBOR 3 months
Non-current financial debt
Fair value after hedging			300
Principal financing entities | Variable rate bonds or bonds after fair value hedge, CHF
Non-current financial debt
Fair value after hedging	$ 409	410	410
Principal financing entities | Variable rate bonds or bonds after fair value hedge, CHF | Minimum
Non-current financial debt
Initial current rate before hedging instruments (as a percent)	0.176%
Principal financing entities | Variable rate bonds or bonds after fair value hedge, CHF | Maximum
Non-current financial debt
Initial current rate before hedging instruments (as a percent)	0.298%
Principal financing entities | Variable rate bonds or bonds after fair value hedge, NZD
Non-current financial debt
Fair value after hedging			164
Principal financing entities | Variable rate bonds or bonds after fair value hedge, AUD
Non-current financial debt
Fair value after hedging	$ 71	377	378
Principal financing entities | Variable rate bonds or bonds after fair value hedge, AUD | Minimum
Non-current financial debt
Initial current rate before hedging instruments (as a percent)	4.00%
Principal financing entities | Variable rate bonds or bonds after fair value hedge, Euro
Non-current financial debt
Fair value after hedging	$ 7,528	8,666	9,675
Principal financing entities | Variable rate bonds or bonds after fair value hedge, Euro | Minimum
Non-current financial debt
Initial current rate before hedging instruments (as a percent)	0.25%
Principal financing entities | Variable rate bonds or bonds after fair value hedge, Euro | Maximum
Non-current financial debt
Initial current rate before hedging instruments (as a percent)	3.125%
Principal financing entities | Variable rate bonds or bonds after fair value hedge, Euro, EURIBOR 3 months
Non-current financial debt
Fair value after hedging			1,641
Principal financing entities | Variable rate bonds or bonds after fair value hedge, CAD
Non-current financial debt
Fair value after hedging			92
Principal financing entities | Variable rate bonds or bonds after fair value hedge, GBP
Non-current financial debt
Fair value after hedging	$ 1,524	1,522	2,035
Principal financing entities | Variable rate bonds or bonds after fair value hedge, GBP | Minimum
Non-current financial debt
Initial current rate before hedging instruments (as a percent)	1.405%
Principal financing entities | Variable rate bonds or bonds after fair value hedge, GBP | Maximum
Non-current financial debt
Initial current rate before hedging instruments (as a percent)	2.25%
Principal financing entities | Variable rate bonds or bonds after fair value hedge, HKD
Non-current financial debt
Fair value after hedging	$ 129	129	128
Initial current rate before hedging instruments (as a percent)	2.92%
Principal financing entities | FIXED RATE BONDS OR BONDS AFTER CASH FLOW HEDGE
Non-current financial debt
Current portion (less than one year)	$ (1,000)	(1,500)	(1,250)
Non-current financial debt and related financial instruments	26,750	27,632	19,829
Principal financing entities | Bond after cash flow hedge or fixed rate bond, EUR
Non-current financial debt
Fair value after hedging	$ 15,487	15,259	10,246
Principal financing entities | Bond after cash flow hedge or fixed rate bond, EUR | Minimum
Non-current financial debt
Initial current rate before hedging instruments (as a percent)	0.696%
Principal financing entities | Bond after cash flow hedge or fixed rate bond, EUR | Maximum
Non-current financial debt
Initial current rate before hedging instruments (as a percent)	5.125%
Principal financing entities | Bond after cash flow hedge or fixed rate bond, USD
Non-current financial debt
Fair value after hedging	$ 9,941	11,524	8,565
Principal financing entities | Bond after cash flow hedge or fixed rate bond, USD | Minimum
Non-current financial debt
Initial current rate before hedging instruments (as a percent)	2.829%
Principal financing entities | Bond after cash flow hedge or fixed rate bond, USD | Maximum
Non-current financial debt
Initial current rate before hedging instruments (as a percent)	3.461%
Principal financing entities | Bond after cash flow hedge or fixed rate bond, HKD
Non-current financial debt
Fair value after hedging	$ 200	208	202
Initial current rate before hedging instruments (as a percent)	3.088%
Principal financing entities | Bond after cash flow hedge or fixed rate bond, CHF
Non-current financial debt
Fair value after hedging	$ 1,113	1,134	1,079
Principal financing entities | Bond after cash flow hedge or fixed rate bond, CHF | Minimum
Non-current financial debt
Initial current rate before hedging instruments (as a percent)	0.51%
Principal financing entities | Bond after cash flow hedge or fixed rate bond, CHF | Maximum
Non-current financial debt
Initial current rate before hedging instruments (as a percent)	1.01%
Principal financing entities | Bond after cash flow hedge or fixed rate bond, GBP
Non-current financial debt
Fair value after hedging	$ 1,004	998	982
Principal financing entities | Bond after cash flow hedge or fixed rate bond, GBP | Minimum
Non-current financial debt
Initial current rate before hedging instruments (as a percent)	1.25%
Principal financing entities | Bond after cash flow hedge or fixed rate bond, GBP | Maximum
Non-current financial debt
Initial current rate before hedging instruments (as a percent)	1.66%
Principal financing entities | Bond after cash flow hedge or fixed rate bond, AUD
Non-current financial debt
Fair value after hedging	$ 5	9	5
Initial current rate before hedging instruments (as a percent)	4.00%
TotalEnergies Capital
Non-current financial debt
Number of shares in otherwise wholly-owned subsidiary held by each director	1
TotalEnergies Capital International
Non-current financial debt
Number of shares in otherwise wholly-owned subsidiary held by each director	1
TotalEnergies SE | VARIABLE RATE BONDS OR BONDS AFTER FAIR VALUE HEDGE
Non-current financial debt
Fair value after hedging	$ 1,200	1,200	1,203
Current portion (less than one year)	(1,200)
Other consolidated subsidiaries | VARIABLE RATE BONDS OR BONDS AFTER FAIR VALUE HEDGE
Non-current financial debt
Non-current financial debt and related financial instruments	698	695	699
Other consolidated subsidiaries | FIXED RATE BONDS OR BONDS AFTER CASH FLOW HEDGE
Non-current financial debt
Non-current financial debt and related financial instruments	$ 397	$ 448	$ 670

Financial structure and finan_5

Financial structure and financial costs - Loan repayment schedule (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Loan repayment schedule (excluding current portion)
Non-current financial debt	$ 49,512	$ 60,203	$ 47,773
Non-current financial assets	(2,404)	(4,781)	(912)
NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS	$ 47,108	$ 55,422	$ 46,861
Repayment (as a percent)	100.00%	100.00%	100.00%
Year 2
Loan repayment schedule (excluding current portion)
Non-current financial debt	$ 6,143	$ 9,932	$ 5,716
Non-current financial assets	(111)	(142)	(101)
NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS	$ 6,032	$ 9,790	$ 5,615
Repayment (as a percent)	13.00%	18.00%	12.00%
Year 3
Loan repayment schedule (excluding current portion)
Non-current financial debt	$ 6,506	$ 5,988	$ 6,226
Non-current financial assets	(219)	(268)	(148)
NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS	$ 6,287	$ 5,720	$ 6,078
Repayment (as a percent)	13.00%	10.00%	13.00%
Year 4
Loan repayment schedule (excluding current portion)
Non-current financial debt	$ 4,471	$ 6,340	$ 5,230
Non-current financial assets	(89)	(395)	(67)
NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS	$ 4,382	$ 5,945	$ 5,163
Repayment (as a percent)	9.00%	11.00%	11.00%
Year 5
Loan repayment schedule (excluding current portion)
Non-current financial debt	$ 3,348	$ 4,535	$ 5,885
Non-current financial assets	(71)	(260)	(87)
NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS	$ 3,277	$ 4,275	$ 5,798
Repayment (as a percent)	7.00%	8.00%	12.00%
More than 5 years
Loan repayment schedule (excluding current portion)
Non-current financial debt	$ 29,044	$ 33,408	$ 24,716
Non-current financial assets	(1,914)	(3,716)	(509)
NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS	$ 27,130	$ 29,692	$ 24,207
Repayment (as a percent)	58.00%	53.00%	52.00%
Hedging instruments of non-current financial debt
Loan repayment schedule (excluding current portion)
Non-current financial debt	$ 1,498	$ 1,615	$ 1,694
Non-current financial assets	(787)	(3,221)	(512)
Hedging instruments of non-current financial debt | Year 2
Loan repayment schedule (excluding current portion)
Non-current financial debt	115	142	204
Non-current financial assets	(51)	(58)	(9)
Hedging instruments of non-current financial debt | Year 3
Loan repayment schedule (excluding current portion)
Non-current financial debt	190	59	433
Non-current financial assets	(103)	(218)	(121)
Hedging instruments of non-current financial debt | Year 4
Loan repayment schedule (excluding current portion)
Non-current financial debt	194	115	106
Non-current financial assets	(51)	(277)	(18)
Hedging instruments of non-current financial debt | Year 5
Loan repayment schedule (excluding current portion)
Non-current financial debt	238	150	139
Non-current financial assets	(34)	(212)	(83)
Hedging instruments of non-current financial debt | More than 5 years
Loan repayment schedule (excluding current portion)
Non-current financial debt	761	1,149	812
Non-current financial assets	$ (548)	$ (2,456)	$ (281)

Financial structure and finan_6

Financial structure and financial costs - Analysis by currency and interest rate (Details) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Financial structure, financial costs and financial instruments
Non-current financial debt and related financial instruments	$ 47,108	$ 55,422	$ 46,861
Percentage of net noncurrent debt	100.00%	100.00%	100.00%
U.S. Dollar
Financial structure, financial costs and financial instruments
Non-current financial debt and related financial instruments	$ 44,387	$ 48,609	$ 43,276
Percentage of net noncurrent debt	94.00%	88.00%	92.00%
Euro
Financial structure, financial costs and financial instruments
Non-current financial debt and related financial instruments	$ 1,708	$ 3,144	$ 2,639
Percentage of net noncurrent debt	4.00%	6.00%	6.00%
Norwegian krone
Financial structure, financial costs and financial instruments
Non-current financial debt and related financial instruments	$ 67	$ 72	$ 81
Percentage of net noncurrent debt	0.00%	0.00%	0.00%
Other currencies
Financial structure, financial costs and financial instruments
Non-current financial debt and related financial instruments	$ 946	$ 3,597	$ 865
Percentage of net noncurrent debt	2.00%	6.00%	2.00%
Fixed rate
Financial structure, financial costs and financial instruments
Non-current financial debt and related financial instruments	$ 34,353	$ 34,870	$ 26,985
Percentage of net noncurrent debt	73.00%	63.00%	58.00%
Floating rate
Financial structure, financial costs and financial instruments
Non-current financial debt and related financial instruments	$ 12,755	$ 20,552	$ 19,876
Percentage of net noncurrent debt	27.00%	37.00%	42.00%

Financial structure and finan_7

Financial structure and financial costs - Current financial assets and liabilities (Details) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Financial structure, financial costs and financial instruments
Current financial debt	$ 8,846	$ 11,305	$ 8,710
Current lease obligations	1,390	1,207	1,202
Current portion of non-current financial debt	4,799	4,588	4,907
Current borrowings (note 14)	15,035	17,099	14,819
Other current financial liabilities (note 14)	372	203	487
Current financial assets (note 14)	(12,315)	(4,630)	(3,992)
NET CURRENT BORROWINGS	3,092	12,672	11,314
Current deposits beyond three months
Financial structure, financial costs and financial instruments
Current financial assets (note 14)	(11,868)	(4,436)	(3,611)
Non-traded marketable securities
Financial structure, financial costs and financial instruments
Current financial assets (note 14)	(195)		(114)
Financial receivables on sub-lease
Financial structure, financial costs and financial instruments
Current financial assets (note 14)	(132)	(111)	(145)
Current portion of hedging instruments of debt
Financial structure, financial costs and financial instruments
Other current financial liabilities (note 14)	316	104	424
Current financial assets (note 14)	(42)	(18)
Other financial instruments/held for trading
Financial structure, financial costs and financial instruments
Other current financial liabilities (note 14)	56	99	63
Current financial assets (note 14)	$ (78)	$ (65)	$ (122)

Financial structure and finan_8

Financial structure and financial costs - Variations of financial debt (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclosure of detailed information about financial instruments [line items]
Balance as of the beginning of the period	$ 72,843	$ 62,200	$ 53,115
Cash changes	(11,505)	9,071	2,302
Non-cash changes, Change in scope, including IFRS 5 reclassifications	(347)	(462)	(453)
Non-cash changes, First application IFRS 16			5,505
Non-cash changes, Foreign currency	(416)	25	136
Non-cash changes, Changes in fair value	31	191	370
Non-cash changes, Other	1,653	1,818	1,225
Balance as of the end of the period	62,259	72,843	62,200
Non-current financial debt and related financial instruments
Disclosure of detailed information about financial instruments [line items]
Balance as of the beginning of the period	55,422	46,861	39,449
Cash changes	(649)	15,572	8,131
Non-cash changes, Change in scope, including IFRS 5 reclassifications	(57)	(453)	(719)
Non-cash changes, First application IFRS 16			4,755
Non-cash changes, Foreign currency	(119)	133	(44)
Non-cash changes, Changes in fair value	55	244	413
Non-cash changes, Reclassification Non-current/Current	(9,066)	(8,593)	(6,517)
Non-cash changes, Other	1,522	1,658	1,393
Balance as of the end of the period	47,108	55,422	46,861
Non-current financial assets
Disclosure of detailed information about financial instruments [line items]
Balance as of the beginning of the period	(4,781)	(912)	(680)
Cash changes	(290)	(228)	21
Non-cash changes, Change in scope, including IFRS 5 reclassifications	1	3	12
Non-cash changes, First application IFRS 16			(50)
Non-cash changes, Foreign currency	64	(59)	4
Non-cash changes, Changes in fair value	2,432	(2,729)	(71)
Non-cash changes, Reclassification Non-current/Current	188	118	144
Non-cash changes, Other	(18)	(974)	(292)
Balance as of the end of the period	(2,404)	(4,781)	(912)
Non-current financial debt
Disclosure of detailed information about financial instruments [line items]
Balance as of the beginning of the period	60,203	47,773	40,129
Cash changes	(359)	15,800	8,110
Non-cash changes, Change in scope, including IFRS 5 reclassifications	(58)	(456)	(731)
Non-cash changes, First application IFRS 16			4,805
Non-cash changes, Foreign currency	(183)	192	(48)
Non-cash changes, Changes in fair value	(2,377)	2,973	484
Non-cash changes, Reclassification Non-current/Current	(9,254)	(8,711)	(6,661)
Non-cash changes, Other	1,540	2,632	1,685
Balance as of the end of the period	49,512	60,203	47,773
Current financial debt and related financial instruments
Disclosure of detailed information about financial instruments [line items]
Balance as of the beginning of the period	17,108	15,038	13,666
Cash changes	(10,856)	(6,501)	(5,829)
Non-cash changes, Change in scope, including IFRS 5 reclassifications	16	1	(35)
Non-cash changes, First application IFRS 16			750
Non-cash changes, Foreign currency	(286)	(130)	180
Non-cash changes, Changes in fair value	(24)	(53)	(43)
Non-cash changes, Reclassification Non-current/Current	9,066	8,593	6,517
Non-cash changes, Other	131	160	(168)
Balance as of the end of the period	15,155	17,108	15,038
Current financial assets
Disclosure of detailed information about financial instruments [line items]
Balance as of the beginning of the period	(194)	(268)	(118)
Cash changes	191	178	125
Non-cash changes, Foreign currency	8	(6)	2
Non-cash changes, Changes in fair value	(45)	46	(32)
Non-cash changes, Reclassification Non-current/Current	(188)	(118)	(144)
Non-cash changes, Other	(24)	(26)	(101)
Balance as of the end of the period	(252)	(194)	(268)
Current borrowings
Disclosure of detailed information about financial instruments [line items]
Balance as of the beginning of the period	17,099	14,819	13,306
Cash changes	(11,047)	(6,679)	(5,954)
Non-cash changes, Change in scope, including IFRS 5 reclassifications	15	6	(35)
Non-cash changes, First application IFRS 16			750
Non-cash changes, Foreign currency	(283)	(132)	184
Non-cash changes, Changes in fair value	(158)	188	(26)
Non-cash changes, Reclassification Non-current/Current	9,254	8,711	6,661
Non-cash changes, Other	155	186	(67)
Balance as of the end of the period	15,035	17,099	14,819
Other current financial liabilities
Disclosure of detailed information about financial instruments [line items]
Balance as of the beginning of the period	203	487	478
Non-cash changes, Change in scope, including IFRS 5 reclassifications	1	(5)
Non-cash changes, Foreign currency	(11)	8	(6)
Non-cash changes, Changes in fair value	179	(287)	15
Balance as of the end of the period	372	203	487
Financial liabilities and financial assets classified as held for sale
Disclosure of detailed information about financial instruments [line items]
Balance as of the beginning of the period	313	301
Non-cash changes, Change in scope, including IFRS 5 reclassifications	(306)	(10)	301
Non-cash changes, Foreign currency	(11)	22
Balance as of the end of the period	$ (4)	$ 313	$ 301

Financial structure and finan_9

Financial structure and financial costs - Financing cash flows, Cash and cash equivalents (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Changes in non-current financial debt
Issuance of non-current debt	$ 808	$ 16,075	$ 8,668
Repayment of non-current debt	(1,167)	(275)	(538)
NET AMOUNT	(359)	15,800	8,131
Cash and cash equivalents
Cash	13,544	14,518	16,456
Cash equivalents	7,798	16,750	10,896
Total cash and cash equivalents	21,342	$ 31,268	$ 27,352	$ 27,907
Restricted cash and cash equivalents	$ 3,097

Financial structure and fina_10

Financial structure and financial costs - Net-debt-to-equity ratio (Details) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Net-debt-to-equity ratio
Current borrowings	$ 13,645	$ 15,893	$ 13,617
Other current financial liabilities	372	203	487
Current financial assets	(12,183)	(4,519)	(3,847)
Net financial assets and liabilities held for sale or exchange	(4)	313	301
Non-current financial debt	41,868	52,467	41,510
Non-current financial assets	(1,557)	(3,762)	(748)
Cash and cash equivalents	(21,342)	(31,268)	(27,352)	$ (27,907)
Net financial debt	20,799	29,327	23,968
Shareholders' equity - TotalEnergies share	111,736	103,702	116,778
Distribution of the income based on existing shares at the closing date	3,263	2,383	2,527
Total shareholders' equity	$ 114,999	$ 106,085	$ 119,305	$ 118,114
NET-DEBT-TO-CAPITAL RATIO EXCLUDING LEASES	15.30%	21.70%	16.70%

Financial structure and fina_11

Financial structure and financial costs - Impact on statement of income, Impact of hedging strategies (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Financial structure, financial costs and financial instruments
Cost of net debt	$ (1,525)	$ (2,110)	$ (2,352)
Financial instruments, excluding commodity contracts
Financial structure, financial costs and financial instruments
Loans and receivables	188	154	200
Financing liabilities and associated hedging instruments	(1,373)	(1,660)	(1,897)
Fair value hedge (ineffective portion)	(10)	12	(1)
Lease assets and obligations	(413)	(422)	(417)
Assets and liabilities held for trading	83	(194)	(237)
Cost of net debt	(1,525)	(2,110)	(2,352)
Impact of the hedging strategies
Revaluation impact at market value of bonds	3,199	(4,004)	(762)
Swap hedging of bonds	(3,209)	4,016	761
INEFFECTIVE PORTION OF THE FAIR VALUE HEDGE	(10)	12	(1)
Cash flow hedge
Profit (Loss) recorded in other comprehensive income of the period	(167)	(327)	(585)
Recycled amount from other comprehensive income to the income statement of the period	(113)	139	47
Ineffective portion of the cash flow hedges	$ 0	$ 0	$ 0

Financial structure and fina_12

Financial structure and financial costs - Hedging instruments and hedged items by strategy (Details) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Bonds | Interest Rate Swap | Hedging of financial debt (Fair value hedge)
Hedging instruments and hedged items by hedging strategy
Nominal amount of hedging instruments	6,767	8,063	8,012
Carrying amount of hedging instruments assets	$ 303	$ 527	$ 270
Carrying amount of hedging instruments liabilities	(36)	(15)	(75)
Carrying amount of hedged items liabilities	(7,037)	(8,586)	(7,450)
Cumulative FVH adjustments included in the carrying amount of the hedged items liabilities	$ (837)	$ (1,136)	$ (795)
Bonds | Interest Rate Swap | Cash flow hedge
Hedging instruments and hedged items by hedging strategy
Nominal amount of hedging instruments	12,782	12,781	12,782
Carrying amount of hedging instruments assets			$ 25
Carrying amount of hedging instruments liabilities	$ (736)	$ (1,441)	$ (527)
Bonds | Cross Currency Swaps | Hedging of financial debt (Fair value hedge)
Hedging instruments and hedged items by hedging strategy
Nominal amount of hedging instruments	9,566	11,011	14,357
Carrying amount of hedging instruments assets	$ 154	$ 836	$ 124
Carrying amount of hedging instruments liabilities	(382)	(211)	(1,011)
Carrying amount of hedged items liabilities	(8,865)	(11,109)	(14,357)
Cumulative FVH adjustments included in the carrying amount of the hedged items liabilities	$ 701	$ (98)	$ 1,290
Bonds | Cross Currency Swaps | Cash flow hedge
Hedging instruments and hedged items by hedging strategy
Nominal amount of hedging instruments	17,511	17,511	12,604
Carrying amount of hedging instruments assets	$ 372	$ 1,856	$ 19
Carrying amount of hedging instruments liabilities	(660)	(32)	(431)
End of hedging (before 2018) | Hedging of financial debt (Fair value hedge)
Hedging instruments and hedged items by hedging strategy
Cumulative FVH adjustments included in the carrying amount of the hedged items liabilities	$ (27)	$ (47)	$ (71)

Financial structure and fina_13

Financial structure and financial costs - Maturity of derivative instruments (Details) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Financial structure, financial costs and financial instruments
Fair value, financial assets	$ 96,173	$ 72,671	$ 70,341
Fair value, financial liabilities	(132,686)	(121,410)	(110,883)
Swaps hedging bonds | Not later than one year | Hedging of financial debt (Fair value hedge)
Financial structure, financial costs and financial instruments
Fair value, financial assets	42	18
Fair value, financial liabilities	(316)	(104)	(423)
Total fair value	(274)	(86)	(423)
Notional value, Assets	566	1,250
Notional value, Liabilities	3,737	1,445	3,346
Total notional value	4,303	2,695	3,346
Swaps hedging bonds | Due after 12 months | Hedging of financial debt (Fair value hedge)
Financial structure, financial costs and financial instruments
Fair value, financial assets	415	1,365	469
Fair value, financial liabilities	(102)	(142)	(736)
Total fair value	313	1,223	(267)
Notional value, Assets	9,659	12,642	10,896
Notional value, Liabilities	2,371	3,737	8,127
Total notional value	12,030	16,379	19,023
Swaps hedging bonds | Due after 12 months | Cash flow hedge
Financial structure, financial costs and financial instruments
Fair value, financial assets	372	1,856	43
Fair value, financial liabilities	(1,396)	(1,473)	(958)
Total fair value	(1,024)	383	(915)
Notional value, Assets	7,149	16,259	4,062
Notional value, Liabilities	23,144	14,033	21,324
Total notional value	30,293	30,292	25,386
Swaps hedging bonds | Year 2 | Hedging of financial debt (Fair value hedge)
Financial structure, financial costs and financial instruments
Total notional value	3,858	4,350	2,695
Swaps hedging bonds | Year 2 | Cash flow hedge
Financial structure, financial costs and financial instruments
Total notional value	1,000
Swaps hedging bonds | Year 3 | Hedging of financial debt (Fair value hedge)
Financial structure, financial costs and financial instruments
Total notional value	2,087	3,858	4,298
Swaps hedging bonds | Year 3 | Cash flow hedge
Financial structure, financial costs and financial instruments
Total notional value	3,659	1,000
Swaps hedging bonds | Year 4 | Hedging of financial debt (Fair value hedge)
Financial structure, financial costs and financial instruments
Total notional value	1,630	2,087	3,858
Swaps hedging bonds | Year 4 | Cash flow hedge
Financial structure, financial costs and financial instruments
Total notional value	4,459	3,659	1,000
Swaps hedging bonds | Year 5 | Hedging of financial debt (Fair value hedge)
Financial structure, financial costs and financial instruments
Total notional value	202	1,630	2,337
Swaps hedging bonds | Year 5 | Cash flow hedge
Financial structure, financial costs and financial instruments
Total notional value	4,068	4,459	3,659
Swaps hedging bonds | More than 5 years | Hedging of financial debt (Fair value hedge)
Financial structure, financial costs and financial instruments
Total notional value	4,253	4,454	5,835
Swaps hedging bonds | More than 5 years | Cash flow hedge
Financial structure, financial costs and financial instruments
Total notional value	17,107	21,174	20,727
Forward exchange contracts related to operating activities | Not later than one year
Financial structure, financial costs and financial instruments
Fair value, financial assets		16	1
Fair value, financial liabilities	(8)
Total fair value	(8)	16	1
Notional value, Assets	36	262	29
Notional value, Liabilities	283
Total notional value	319	262	29
Forward exchange contracts related to operating activities | Due after 12 months
Financial structure, financial costs and financial instruments
Fair value, financial assets		20
Fair value, financial liabilities	(14)
Total fair value	(14)	20
Notional value, Assets		394
Notional value, Liabilities	366
Total notional value	366	394
Forward exchange contracts related to operating activities | Year 2
Financial structure, financial costs and financial instruments
Total notional value	171	276
Forward exchange contracts related to operating activities | Year 3
Financial structure, financial costs and financial instruments
Total notional value	195	118
Held for trading - Other interest rate swaps | Not later than one year
Financial structure, financial costs and financial instruments
Fair value, financial assets	13	10	11
Fair value, financial liabilities	(19)	(51)	(24)
Total fair value	(6)	(41)	(13)
Notional value, Assets	20,876	22,011	23,522
Notional value, Liabilities	6,470	7,693	16,007
Total notional value	27,346	29,704	39,529
Held for trading - Other interest rate swaps | Due after 12 months
Financial structure, financial costs and financial instruments
Fair value, financial assets	78	84	50
Fair value, financial liabilities	(41)	(116)	(44)
Total fair value	37	(32)	6
Notional value, Assets	5,170	3,214	2,225
Notional value, Liabilities	2,561	3,695	3,475
Total notional value	7,731	6,909	5,700
Held for trading - Other interest rate swaps | Year 2
Financial structure, financial costs and financial instruments
Total notional value	1,708	2,067	2,217
Held for trading - Other interest rate swaps | Year 3
Financial structure, financial costs and financial instruments
Total notional value	2,856	764	1,463
Held for trading - Other interest rate swaps | Year 4
Financial structure, financial costs and financial instruments
Total notional value	2,111	2,004	18
Held for trading - Other interest rate swaps | Year 5
Financial structure, financial costs and financial instruments
Total notional value	751	1,937	1,820
Held for trading - Other interest rate swaps | More than 5 years
Financial structure, financial costs and financial instruments
Total notional value	305	137	182
Held for trading - Currency swaps and forward exchange contracts | Not later than one year
Financial structure, financial costs and financial instruments
Fair value, financial assets	65	39	111
Fair value, financial liabilities	(37)	(48)	(39)
Total fair value	28	(9)	72
Notional value, Assets	9,769	3,323	6,446
Notional value, Liabilities	5,065	2,580	4,455
Total notional value	14,834	5,903	10,901
Held for trading - Currency swaps and forward exchange contracts | Due after 12 months
Financial structure, financial costs and financial instruments
Fair value, financial assets	17	5	17
Fair value, financial liabilities		(2)
Total fair value	17	3	17
Notional value, Assets	367	344	431
Notional value, Liabilities	(16)	54	131
Total notional value	351	398	562
Held for trading - Currency swaps and forward exchange contracts | Year 2
Financial structure, financial costs and financial instruments
Total notional value	265	189	529
Held for trading - Currency swaps and forward exchange contracts | Year 3
Financial structure, financial costs and financial instruments
Total notional value	$ 86	145	$ 33
Held for trading - Currency swaps and forward exchange contracts | Year 4
Financial structure, financial costs and financial instruments
Total notional value		$ 64

Financial structure and fina_14

Financial structure and financial costs - Fair value hierarchy (Details) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Financial structure, financial costs and financial instruments
Equity instruments	$ 1,625	$ 2,007	$ 1,778	$ 1,421
Measured at fair value | Financial instruments, excluding commodity contracts
Financial structure, financial costs and financial instruments
Assets and liabilities held for trading	82	(68)	82
Equity instruments	501	706	240
Total fair value	(430)	2,183	(1,283)
Measured at fair value | Financial instruments, excluding commodity contracts | Level 1
Financial structure, financial costs and financial instruments
Equity instruments	501	706	240
Total fair value	501	706	240
Measured at fair value | Financial instruments, excluding commodity contracts | Level 2
Financial structure, financial costs and financial instruments
Assets and liabilities held for trading	82	(68)	82
Total fair value	(931)	1,477	(1,523)
Hedging of financial debt (Fair value hedge) | Measured at fair value | Financial instruments, excluding commodity contracts
Financial structure, financial costs and financial instruments
Hedge instruments	39	1,137	(690)
Hedging of financial debt (Fair value hedge) | Measured at fair value | Financial instruments, excluding commodity contracts | Level 2
Financial structure, financial costs and financial instruments
Hedge instruments	39	1,137	(690)
Cash flow hedge | Measured at fair value | Financial instruments, excluding commodity contracts
Financial structure, financial costs and financial instruments
Hedge instruments	(1,052)	408	(915)
Cash flow hedge | Measured at fair value | Financial instruments, excluding commodity contracts | Level 2
Financial structure, financial costs and financial instruments
Hedge instruments	$ (1,052)	$ 408	$ (915)

Financial structure and fina_15

Financial structure and financial costs - Interest rate risk sensitivity (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Sensitivity analysis
Financial liabilities	$ (129,050)	$ (115,381)	$ (107,735)
Financial assets	96,173	72,671	70,341
Fair value, financial liabilities	(132,686)	(121,410)	(110,883)
Fair value, financial assets	96,173	72,671	70,341
Impact of changes in interest rates on the cost of net debt
Cost of net debt	(1,525)	(2,110)	(2,352)
Bonds (before swaps)
Sensitivity analysis
Financial liabilities	(39,256)	(46,239)	(38,657)
Fair value, financial liabilities	(42,888)	(52,246)	(41,805)
Swaps hedging bonds
Sensitivity analysis
Financial liabilities	(1,498)	(1,615)	(1,694)
Financial assets	787	3,221	512
Carrying amount	(711)	1,606	(1,182)
Fair value, financial liabilities	(1,498)	(1,615)	(1,694)
Fair value, financial assets	787	3,221	512
Estimated fair value	(711)	1,606	(1,182)
Current portion of non-current debt after swaps (excluding lease obligations)
Sensitivity analysis
Financial liabilities	(5,073)	(4,674)	(5,331)
Fair value, financial liabilities	(5,077)	(4,696)	(5,332)
Held for trading - Other interest rate swaps
Sensitivity analysis
Carrying amount	31	(73)	(7)
Estimated fair value	31	(73)	(7)
Held for trading - Currency swaps and forward exchange contracts
Sensitivity analysis
Carrying amount	45	(6)	89
Estimated fair value	$ 45	(6)	89
Interest rate risk
Sensitivity analysis
Reasonably possible increase in risk assumption (as a percent)	0.10%
Reasonably possible decrease in risk assumption (as a percent)	(0.10%)
Impact of changes in interest rates on the cost of net debt
Impact on cost of net debt, interest rate increase	$ 47	29	27
Impact on cost of net debt, interest rate decrease	(47)	(29)	(27)
Interest rate risk | Bonds (before swaps)
Sensitivity analysis
Change in fair value due to interest rate increase	349	440	247
Change in fair value due to interest rate decrease	(349)	(440)	(247)
Interest rate risk | Swaps hedging bonds
Sensitivity analysis
Change in fair value due to interest rate increase	(34)	(70)	(44)
Change in fair value due to interest rate decrease	34	70	44
Interest rate risk | Current portion of non-current debt after swaps (excluding lease obligations)
Sensitivity analysis
Change in fair value due to interest rate increase	5	2	1
Change in fair value due to interest rate decrease	(5)	(2)	(1)
Interest rate risk | Held for trading - Other interest rate swaps
Sensitivity analysis
Change in fair value due to interest rate increase	16	18	18
Change in fair value due to interest rate decrease	$ (16)	$ (18)	$ (18)

Financial structure and fina_16

Financial structure and financial costs - Foreign exchange risk sensitivity (Details) $ in Millions	Dec. 31, 2021USD ($)	Dec. 31, 2021	Dec. 31, 2021$ / €	Dec. 31, 2021$ / £	Dec. 31, 2021$ / ₽	Dec. 31, 2020USD ($)	Dec. 31, 2020$ / €	Dec. 31, 2020$ / £	Dec. 31, 2020$ / ₽	Dec. 31, 2019USD ($)	Dec. 31, 2019$ / €	Dec. 31, 2019$ / £	Dec. 31, 2019$ / ₽
Sensitivity analysis
Shareholders' equity at historical exchange rate	$ 124,407					$ 113,958				$ 128,281
Currency translation adjustment before net investment hedge	(12,666)					(10,279)				(11,501)
Net investment hedge - open instruments	(5)					23				(2)
Shareholders' equity at exchange rate as of the end of the period	111,736					103,702				116,778
Foreign exchange risk
Sensitivity analysis
Exchange rates			0.88	0.74	75.31		0.81	0.73	74.54		0.89	0.76	62.27
Impact on shareholders equity and net income
Reasonably possible increase in risk assumption (as a percent)		10.00%
Reasonably possible decrease in risk assumption (as a percent)		(10.00%)
Euro
Sensitivity analysis
Shareholders' equity at historical exchange rate	24,617					28,893				37,687
Currency translation adjustment before net investment hedge	(4,239)					(2,448)				(4,443)
Net investment hedge - open instruments	(5)					23				(2)
Shareholders' equity at exchange rate as of the end of the period	20,373					26,468				33,241
Euro | Foreign exchange risk
Impact on shareholders equity and net income
Impact of an increase in exchange rates on shareholders' equity	2,037
Impact of an increase in exchange rates on net income (TotalEnergies share)	72
Impact of a decrease in exchange rates on shareholders' equity	(2,037)
Impact of a decrease in exchange rates on net income (TotalEnergies share)	(72)
U.S. Dollar
Sensitivity analysis
Shareholders' equity at historical exchange rate	70,030					60,613				66,005
Shareholders' equity at exchange rate as of the end of the period	70,030					60,613				66,005
Pound Sterling
Sensitivity analysis
Shareholders' equity at historical exchange rate	6,064					4,494				5,635
Currency translation adjustment before net investment hedge	(1,902)					(1,726)				(1,830)
Shareholders' equity at exchange rate as of the end of the period	4,162					2,768				3,805
Pound Sterling | Foreign exchange risk
Impact on shareholders equity and net income
Impact of an increase in exchange rates on shareholders' equity	416
Impact of an increase in exchange rates on net income (TotalEnergies share)	176
Impact of a decrease in exchange rates on shareholders' equity	(416)
Impact of a decrease in exchange rates on net income (TotalEnergies share)	(176)
Ruble
Sensitivity analysis
Shareholders' equity at historical exchange rate	10,596					9,913				9,900
Currency translation adjustment before net investment hedge	(4,281)					(4,253)				(3,355)
Shareholders' equity at exchange rate as of the end of the period	6,315					5,660				6,545
Ruble | Foreign exchange risk
Impact on shareholders equity and net income
Impact of an increase in exchange rates on shareholders' equity	631
Impact of an increase in exchange rates on net income (TotalEnergies share)	109
Impact of a decrease in exchange rates on shareholders' equity	(631)
Impact of a decrease in exchange rates on net income (TotalEnergies share)	(109)
Other currencies
Sensitivity analysis
Shareholders' equity at historical exchange rate	13,100					10,045				9,054
Currency translation adjustment before net investment hedge	(2,244)					(1,852)				(1,873)
Shareholders' equity at exchange rate as of the end of the period	$ 10,856					$ 8,193				$ 7,182

Financial structure and fina_17

Financial structure and financial costs - Liquidity risk (Details) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Financial structure, financial costs and financial instruments
Committed credit facilities granted by banks	$ 12,314
Unutilized credit facilities	11,591
Maturity of financial assets and liabilities
Non-current financial debt (notional value excluding interests)	(48,630)	$ (56,873)	$ (47,194)
Non-current financial assets excluding derivative financial instruments	1,522	1,451	333
Current borrowings	(15,035)	(17,099)	(14,819)
Other current financial liabilities	(372)	(203)	(487)
Current financial assets	12,315	4,630	3,992
Assets and liabilities available for sale or exchange	4	(313)	(301)
Cash and cash equivalents	21,342	31,268	27,352	$ 27,907
Net amount before financial expense	(28,854)	(37,139)	(31,124)
Financial expense on non-current financial debt	(8,550)	(9,775)	(5,472)
Interest differential on swaps	(1,970)	(1,769)	(2,497)
NET AMOUNT	(39,374)	(48,683)	(39,093)
Financial assets and liabilities related to operating activities
Accounts payable	(36,837)	(23,574)	(28,394)
Other operating liabilities	(27,294)	(14,302)	(16,262)
Accounts receivable, net	21,983	14,068	18,488
Other operating receivables	29,553	8,043	11,506
TOTAL	(12,595)	(15,765)	(14,662)
Not later than one year
Maturity of financial assets and liabilities
Current borrowings	(15,035)	(17,099)	(14,819)
Other current financial liabilities	(372)	(203)	(487)
Current financial assets	12,315	4,630	3,992
Assets and liabilities available for sale or exchange	4	(313)	(301)
Cash and cash equivalents	21,342	31,268	27,352
Net amount before financial expense	18,254	18,283	15,737
Financial expense on non-current financial debt	(821)	(930)	(807)
Interest differential on swaps	(217)	(163)	(350)
NET AMOUNT	17,216	17,190	14,580
Year 2
Maturity of financial assets and liabilities
Non-current financial debt (notional value excluding interests)	(6,073)	(9,849)	(5,683)
Non-current financial assets excluding derivative financial instruments	41	59	68
Net amount before financial expense	(6,032)	(9,790)	(5,615)
Financial expense on non-current financial debt	(786)	(888)	(724)
Interest differential on swaps	(235)	(149)	(325)
NET AMOUNT	(7,053)	(10,827)	(6,664)
Year 3
Maturity of financial assets and liabilities
Non-current financial debt (notional value excluding interests)	(6,328)	(5,762)	(6,102)
Non-current financial assets excluding derivative financial instruments	41	42	24
Net amount before financial expense	(6,287)	(5,720)	(6,078)
Financial expense on non-current financial debt	(664)	(825)	(650)
Interest differential on swaps	(232)	(158)	(297)
NET AMOUNT	(7,183)	(6,703)	(7,025)
Year 4
Maturity of financial assets and liabilities
Non-current financial debt (notional value excluding interests)	(4,420)	(5,990)	(5,172)
Non-current financial assets excluding derivative financial instruments	38	45	9
Net amount before financial expense	(4,382)	(5,945)	(5,163)
Financial expense on non-current financial debt	(576)	(696)	(594)
Interest differential on swaps	(229)	(173)	(255)
NET AMOUNT	(5,187)	(6,814)	(6,012)
Year 5
Maturity of financial assets and liabilities
Non-current financial debt (notional value excluding interests)	(3,314)	(4,321)	(5,802)
Non-current financial assets excluding derivative financial instruments	37	46	4
Net amount before financial expense	(3,277)	(4,275)	(5,798)
Financial expense on non-current financial debt	(506)	(603)	(482)
Interest differential on swaps	(221)	(196)	(224)
NET AMOUNT	(4,004)	(5,074)	(6,504)
More than 5 years
Maturity of financial assets and liabilities
Non-current financial debt (notional value excluding interests)	(28,495)	(30,951)	(24,435)
Non-current financial assets excluding derivative financial instruments	1,365	1,259	228
Net amount before financial expense	(27,130)	(29,692)	(24,207)
Financial expense on non-current financial debt	(5,197)	(5,833)	(2,215)
Interest differential on swaps	(836)	(930)	(1,046)
NET AMOUNT	(33,163)	(36,455)	(27,468)
Derivative financial instruments related to commodity contracts
Financial assets and liabilities related to operating activities
Other operating liabilities	(16,166)	(3,666)	(5,333)
Other operating receivables	22,412	$ 1,428	$ 4,791
TotalEnergies SE
Financial structure, financial costs and financial instruments
Committed credit facilities granted by banks	$ 10,679

Financial structure and fina_18

Financial structure and financial costs - Credit risk (Details) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Credit risk
Maximum credit risk exposure	$ 94,548	$ 70,664	$ 68,563
Net margin call (paid) received	(7,299)	1,556	(2,486)
Sale of receivables
Credit risk
Net value of receivables sold	8,347
Financial asset remaining recognized after date of sale	0
Financial liability remaining recognized after date of sale	0
Reverse factoring
Credit risk
Net value of receivables sold	383
Loans to equity affiliates
Credit risk
Maximum credit risk exposure	4,532	5,129	3,999
Loans and advances
Credit risk
Maximum credit risk exposure	2,107	2,458	1,982
Other non-current financial assets related to operational activities
Credit risk
Maximum credit risk exposure	312	287	332
Non-current financial assets
Credit risk
Maximum credit risk exposure	2,404	4,781	912
Accounts receivable
Credit risk
Maximum credit risk exposure	21,983	14,068	18,488
Other operating receivables
Credit risk
Maximum credit risk exposure	29,553	8,043	11,506
Current financial assets
Credit risk
Maximum credit risk exposure	12,315	4,630	3,992
Cash and cash equivalents
Credit risk
Maximum credit risk exposure	$ 21,342	$ 31,268	$ 27,352

Financial instruments related_3

Financial instruments related to commodity contracts - Offsetting of financial assets and financial liabilities (Details) - Derivative financial instruments related to commodity contracts - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Financial structure, financial costs and financial instruments
Gross value before offsetting - assets	$ 25,125	$ 2,053	$ 5,167
Gross value before offsetting - liabilities	(18,879)	(4,291)	(5,709)
Amounts offset - assets	(2,713)	(625)	(376)
Amounts offset - liabilities	2,713	625	376
Net balance sheet value presented - assets	22,412	1,428	4,791
Net balance sheet value presented - liabilities	(16,166)	(3,666)	(5,333)
Other amounts not offset - collateral received			(625)
Other amounts not offset - collateral pledged	726	65
Net carrying amount after other amounts not offset	6,972	(2,173)	(1,167)
Fair value	6,246	(2,238)	(542)
Fair value after other amounts not offset	6,972	(2,173)	(1,167)
Integrated Gas, Renewables & Power activities
Financial structure, financial costs and financial instruments
Gross value before offsetting - assets	24,215	1,363	4,642
Gross value before offsetting - liabilities	(17,832)	(3,291)	(4,902)
Amounts offset - assets	(2,341)	(220)	(300)
Amounts offset - liabilities	2,341	220	300
Net balance sheet value presented - assets	21,874	1,143	4,342
Net balance sheet value presented - liabilities	(15,491)	(3,071)	(4,602)
Other amounts not offset - collateral received			(772)
Other amounts not offset - collateral pledged	382	22
Net carrying amount after other amounts not offset	6,765	(1,906)	1,032
Fair value	6,383	(1,928)	(260)	$ (415)
Fair value after other amounts not offset	6,765	(1,906)	1,032
Integrated Gas, Renewables & Power activities | Swaps
Financial structure, financial costs and financial instruments
Gross value before offsetting - assets	92	10	469
Gross value before offsetting - liabilities	(385)	(71)	(9)
Amounts offset - assets	(35)		(39)
Amounts offset - liabilities	35		39
Net balance sheet value presented - assets	57	10	508
Net balance sheet value presented - liabilities	(350)	(71)	(30)
Net carrying amount	(293)	(61)	478
Fair value	(293)	(61)	478
Integrated Gas, Renewables & Power activities | Forwards
Financial structure, financial costs and financial instruments
Gross value before offsetting - assets	21,752	1,372	4,080
Gross value before offsetting - liabilities	(16,954)	(3,113)	(4,831)
Amounts offset - assets	(2,120)	(186)	(296)
Amounts offset - liabilities	2,120	186	296
Net balance sheet value presented - assets	19,632	1,186	3,784
Net balance sheet value presented - liabilities	(14,834)	(2,927)	(4,535)
Net carrying amount	4,798	(1,741)	(751)
Fair value	4,798	(1,741)	(751)
Integrated Gas, Renewables & Power activities | Options
Financial structure, financial costs and financial instruments
Gross value before offsetting - assets	1,953	61	76
Gross value before offsetting - liabilities	(63)	(75)	(37)
Amounts offset - assets	(3)	(13)	(28)
Amounts offset - liabilities	3	13	28
Net balance sheet value presented - assets	1,950	74	48
Net balance sheet value presented - liabilities	(60)	(62)	(9)
Net carrying amount	1,890	(136)	39
Fair value	1,890	(136)	39
Integrated Gas, Renewables & Power activities | Futures
Financial structure, financial costs and financial instruments
Gross value before offsetting - assets	418	42	17
Gross value before offsetting - liabilities	(430)	(32)	(43)
Amounts offset - assets	(183)	(21)	(15)
Amounts offset - liabilities	183	21	15
Net balance sheet value presented - assets	235	21	2
Net balance sheet value presented - liabilities	(247)	(11)	(28)
Net carrying amount	(12)	10	(26)
Fair value	(12)	10	(26)
Crude oil, petroleum products and freight rates activities
Financial structure, financial costs and financial instruments
Gross value before offsetting - assets	910	690	525
Gross value before offsetting - liabilities	(1,047)	(1,000)	(807)
Amounts offset - assets	(372)	(405)	(76)
Amounts offset - liabilities	372	405	76
Net balance sheet value presented - assets	538	285	449
Net balance sheet value presented - liabilities	(675)	(595)	(731)
Other amounts not offset - collateral pledged	344	43	147
Net carrying amount after other amounts not offset	207	(267)	(135)
Fair value	(137)	(310)	(282)	$ (283)
Fair value after other amounts not offset	$ 207	(267)	(135)
Maximum maturity of most derivatives	1 year
Crude oil, petroleum products and freight rates activities | Swaps
Financial structure, financial costs and financial instruments
Gross value before offsetting - assets	$ 245	302	152
Gross value before offsetting - liabilities	(289)	(443)	(244)
Amounts offset - assets	(166)	(207)	(73)
Amounts offset - liabilities	166	207	73
Net balance sheet value presented - assets	79	95	79
Net balance sheet value presented - liabilities	(123)	(236)	(171)
Net carrying amount	(44)	(141)	(92)
Fair value	(44)	(141)	(92)
Crude oil, petroleum products and freight rates activities | Forwards
Financial structure, financial costs and financial instruments
Gross value before offsetting - assets	411	158	300
Gross value before offsetting - liabilities	(444)	(297)	(297)
Amounts offset - assets	(88)	(13)	(3)
Amounts offset - liabilities	88	13	3
Net balance sheet value presented - assets	323	145	297
Net balance sheet value presented - liabilities	(356)	(284)	(294)
Net carrying amount	(33)	(139)	3
Fair value	(33)	(139)	3
Crude oil, petroleum products and freight rates activities | Options
Financial structure, financial costs and financial instruments
Gross value before offsetting - assets	68	113	73
Gross value before offsetting - liabilities	(236)	(125)	(106)
Amounts offset - assets	(40)	(68)
Amounts offset - liabilities	40	68
Net balance sheet value presented - assets	28	45	73
Net balance sheet value presented - liabilities	(196)	(57)	(106)
Net carrying amount	(168)	(12)	(33)
Fair value	(168)	(12)	(33)
Crude oil, petroleum products and freight rates activities | Options on futures
Financial structure, financial costs and financial instruments
Gross value before offsetting - assets	186	117
Gross value before offsetting - liabilities	(78)	(135)	(160)
Amounts offset - assets	(78)	(117)
Amounts offset - liabilities	78	117
Net balance sheet value presented - assets	108
Net balance sheet value presented - liabilities		(18)	(160)
Net carrying amount	108	(18)	(160)
Fair value	$ 108	$ (18)	$ (160)

Financial instruments related_4

Financial instruments related to commodity contracts - Changes in fair value (Details) - Derivative financial instruments related to commodity contracts - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Financial structure, financial costs and financial instruments
Fair value as of the beginning of the period	$ (2,238)	$ (542)
Fair value as of the end of the period	6,246	(2,238)	$ (542)
Integrated Gas, Renewables & Power activities
Financial structure, financial costs and financial instruments
Fair value as of the beginning of the period	(1,928)	(260)	(415)
Impact on income	6,817	676	1,588
Settled contracts	1,408	(2,348)	(686)
Other	86	4	(747)
Fair value as of the end of the period	6,383	(1,928)	(260)
Crude oil, petroleum products and freight rates activities
Financial structure, financial costs and financial instruments
Fair value as of the beginning of the period	(310)	(282)	(283)
Impact on income	3,950	3,813	4,189
Settled contracts	(3,777)	(3,841)	(4,188)
Fair value as of the end of the period	$ (137)	$ (310)	$ (282)

Financial instruments related_5

Financial instruments related to commodity contracts - Fair value hierarchy (Details) - Derivative financial instruments related to commodity contracts - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Disclosure of detailed information about financial instruments [line items]
Fair value of financial instruments	$ 6,246	$ (2,238)	$ (542)
Active management horizon of assessment	12 months	12 months	12 months
Level 1
Disclosure of detailed information about financial instruments [line items]
Fair value of financial instruments	$ 3,850	$ (149)	$ 210
Level 2
Disclosure of detailed information about financial instruments [line items]
Fair value of financial instruments	(3,834)	(681)	1,882
Level 3
Disclosure of detailed information about financial instruments [line items]
Fair value of financial instruments	6,230	(1,408)	(2,634)
Integrated Gas, Renewables & Power activities
Disclosure of detailed information about financial instruments [line items]
Fair value of financial instruments	6,383	(1,928)	(260)	$ (415)
Integrated Gas, Renewables & Power activities | Level 1
Disclosure of detailed information about financial instruments [line items]
Fair value of financial instruments	3,716	(159)	392
Integrated Gas, Renewables & Power activities | Level 2
Disclosure of detailed information about financial instruments [line items]
Fair value of financial instruments	(3,563)	(361)	2,054
Integrated Gas, Renewables & Power activities | Level 3
Disclosure of detailed information about financial instruments [line items]
Fair value of financial instruments	6,230	(1,408)	(2,706)
Crude oil, petroleum products and freight rates activities
Disclosure of detailed information about financial instruments [line items]
Fair value of financial instruments	(137)	(310)	(282)	$ (283)
Crude oil, petroleum products and freight rates activities | Level 1
Disclosure of detailed information about financial instruments [line items]
Fair value of financial instruments	134	10	(182)
Crude oil, petroleum products and freight rates activities | Level 2
Disclosure of detailed information about financial instruments [line items]
Fair value of financial instruments	$ (271)	$ (320)	(172)
Crude oil, petroleum products and freight rates activities | Level 3
Disclosure of detailed information about financial instruments [line items]
Fair value of financial instruments			$ 72

Financial instruments related_6

Financial instruments related to commodity contracts - Cash flow hedge (Details) - Derivative financial instruments related to commodity contracts - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Cash flow hedge
Profit (Loss) recorded in other comprehensive income of the period	$ 445	$ 14	$ (14)
Recycled amount from other comprehensive income to the income statement of the period	(56)	(1)
Ineffective portion of the cash flow hedges	$ 0	$ 0	$ 0
Cash flow hedge
Cash flow hedge
Maximum maturity of most derivatives	1 year

Financial instruments related_7

Financial instruments related to commodity contracts - Markets related risks (Details) - Derivative financial instruments related to commodity contracts - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Integrated Gas, Renewables & Power activities | Integrated Gas, Renewables and Power
Market related risk
Period of possible future changes in market values	1 day
Historical period analysed in value-at-risk models	2 years
Confidence level (as a percent)	97.50%	97.50%	97.50%
Value at risk	$ 30	$ 27	$ 64
Integrated Gas, Renewables & Power activities | Integrated Gas, Renewables and Power | Maximum
Market related risk
Value at risk	80	51	83
Integrated Gas, Renewables & Power activities | Integrated Gas, Renewables and Power | Minimum
Market related risk
Value at risk	9	6	10
Integrated Gas, Renewables & Power activities | Integrated Gas, Renewables and Power | Average
Market related risk
Value at risk	$ 28	$ 21	$ 20
Crude oil, petroleum products and freight rates activities | Trading & Shipping
Market related risk
Period of possible future changes in market values	1 day
Historical period analysed in value-at-risk models	400 days
Confidence level (as a percent)	97.50%	97.50%	97.50%
Period to exceed value-at-risk loss measure if exposure is unchanged	40 days
Value at risk	$ 12	$ 19	$ 21
Crude oil, petroleum products and freight rates activities | Trading & Shipping | Maximum
Market related risk
Value at risk	36	30	28
Crude oil, petroleum products and freight rates activities | Trading & Shipping | Minimum
Market related risk
Value at risk	9	6	9
Crude oil, petroleum products and freight rates activities | Trading & Shipping | Average
Market related risk
Value at risk	$ 18	$ 15	$ 17

Post closing events (Details)

Post closing events (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Mar. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclosure of non-adjusting events after reporting period [line items]
Asset impairments recorded in operating result		$ (759)	$ (8,952)	$ (920)
Asset impairments recorded in net result, TotalEnergies share		$ (910)	$ (8,465)	$ (465)
Myanmar
Disclosure of non-adjusting events after reporting period [line items]
Contractual period		6 months
Asset impairments recorded in operating result		$ (201)
Asset impairments recorded in net result, TotalEnergies share		$ (305)
Disposal of assets | North Platte
Disclosure of non-adjusting events after reporting period [line items]
Asset impairments recorded in net result, TotalEnergies share	$ (900)

Consolidation scope (Details)

Consolidation scope (Details)	1 Months Ended	12 Months Ended
	Dec. 31, 2021entity	Dec. 31, 2021entity
Consolidation scope
Number of entities	1,140	1,140
Total Gabon
Consolidation scope
Group interest, fully consolidated (as a percent)	58.00%
Investments accounted for using equity method
Consolidation scope
Number of entities	160	160
Exploration & Production | Angola Block 14 B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)		50.01%
Exploration & Production | Brass Holdings B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Congo Forest Company (CFC)
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Deer Creek Pipelines Limited
Consolidation scope
Group interest, fully consolidated (as a percent)		75.00%
Exploration & Production | E.F. Oil And Gas Limited
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Elf E&P
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Elf Exploration UK Limited
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Elf Petroleum Iran
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Elf Petroleum UK Limited
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Mabruk Oil Operations
Consolidation scope
Group interest, fully consolidated (as a percent)		49.02%
Exploration & Production | Stogg Eagle Funding B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Tepkri Sarsang A/S
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total (BTC) B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total Abu Al Bu Khoosh
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total Austral
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total Denmark ASW Pipeline Aps
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TOQAP Guyana B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)		60.00%
Exploration & Production | Total Dolphin Midstream
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total E&P Absheron B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total E&P Al Shaheen A/S
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total E&P Algerie
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies EP Algerie Berkine A/S
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total E&P Americas, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total E&P Angola Block 15/06
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total E&P Angola Block 16
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total E&P Angola Block 16 Holdings
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total E&P Angola Block 29
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total E&P Angola Block 33
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total E&P Angola Block 39
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total E&P Azerbaijan B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total E&P Bolivie
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total E&P Canada Limited
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total E&P Chine
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total E&P Chissonga
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total E&P Colombie
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total E&P Congo
Consolidation scope
Group interest, fully consolidated (as a percent)		85.00%
Exploration & Production | Total E&P Cote d'Ivoire CI - 514
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total E&P Cyprus B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total E&P Dolphin Upstream
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total E&P Dunga GmbH
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total E&P East El Burullus Offshore B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total E&P Egypt Block 2 B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total E&P Egypt Offshore Western Desert B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total E&P Egypte
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total E&P Golfe Limited
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total E&P Guyane Francaise
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total E&P Holdings UAE B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total E&P Anchor, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total E&P Jutland Denmark B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total E&P Kurdistan Region of Iraq (Harir) B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total E&P Kurdistan Region of Iraq (Safen) B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total E&P Kurdistan Region of Iraq (Taza) B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total E&P Kurdistan Region of Iraq B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total E&P Liban S.A.L.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total E&P Libye
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total E&P Lower Zakum B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total E&P M2 Holdings Limited
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total E&P Mauritania Block C18 B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total E&P Mauritania Block C9 B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total E&P Mauritania Blocks DW B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total E&P Mauritanie
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total E&P Mozambique B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total E&P Myanmar
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total E&P Jack LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total E&P New Ventures Inc.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total E&P Participations Petrolieres Congo
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total E&P Philippines B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total E&P Qatar
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total E&P RDC
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total E&P Research & Technology USA LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total E&P Services China Company Limited
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total E&P South Pars
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total E&P South Sudan
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total E&P Syrie
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total E&P Tajikistan B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total E&P Thailand
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total E&P Timan-Pechora LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total E&P UAE Unconventional Gas B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total E&P Uganda B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total E&P Umm Shaif Nasr B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total E&P USA Inc.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total E&P USA Oil Shale, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total E&P Waha Limited
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total E&P US Well Containment, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total East Africa Midstream B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies EP Italia S.p.A.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies EP Kazakhstan
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies Denmark ASW Inc.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies E&P North Sea UK Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies E&P UK Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies EP (Brunei) B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies EP Angola
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies EP Angola Block 17.06
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies EP Angola Block 25
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies EP Angola Block 32
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies EP Angola Block 40
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies EP Angola Block 48 B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies EP Angola Blocks 20-21
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies EP Asia Pacific Pte. Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies EP Brasil Ltda
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies EP Bulgaria B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies EP Cambodge
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies EP Company UK Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies EP Cote d'Ivoire B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies EP Cote d'Ivoire S.A.S.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies EP Danmark A/S
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies EP Danmark A/S - CPH
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies EP Europe Continentale Asie
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies EP France
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies EP Gastransport Nederland B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies EP Greece B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies EP Guyana B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies EP Holdings Russia
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies EP International K1 Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies EP International K2 Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies EP International K3 Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies EP International Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies EP Iran B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies EP Iraq
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies EP Kenya B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies EP Malaysia
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies EP M'Bridge B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies EP Mexico S.A. de C.V.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies EP Namibia B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies EP Nederland B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies EP Nigeria Deepwater A Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies EP Nigeria Deepwater B Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies EP Nigeria Deepwater C Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies EP Nigeria Deepwater D Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies EP Nigeria Deepwater E Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies EP Nigeria Deepwater F Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies EP Nigeria Deepwater G Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies EP Nigeria Deepwater H Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies EP Nigeria Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies EP Nigeria S.A.S.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies EP Norge AS
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies EP Oman S.A.S.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies EP Petroleum Angola
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies EP Pipelines Danmark A/S
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies EP Profils Petroliers
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies EP Qatar
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies EP Ratawi Hub
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies EP Russie
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies EP Sao Tome and Principe B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies EP Senegal
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies EP Services Brazil B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies EP South Africa B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies EP South Africa Block 567 (Pty) Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies EP Suriname B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies EP Venezuela B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies EP Well Response
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies EP Yemen
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies EP Yemen Block 3 B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies Holdings Nederland B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies LNG Supply Services USA
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies Nature Based Solutions
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies Nature Based Solutions II
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies Nederland Facilities Management B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies Offshore GB Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies Offshore UK Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies Petroleo & Gas Brasil Ltda
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies Shipping Brazil B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies Termokarstovoye S.A.S.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies Upstream Danmark A/S
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies Upstream Nigeria
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | TotalEnergies Upstream UK Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total Gabon
Consolidation scope
Group interest, fully consolidated (as a percent)		58.28%
Exploration & Production | Total Gass Handel Norge AS
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total Holding Dolphin Amont
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total Oil and Gas South America
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total Pars LNG
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total South Pars
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Total Venezuela
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Uintah Colorado Resources, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		66.67%
Exploration & Production | Unitah Colorado Resources II, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Exploration & Production | Ypergas S.A.
Consolidation scope
Group interest, fully consolidated (as a percent)		37.33%
Exploration & Production | Abu Dhabi Gas Industries Limited
Consolidation scope
Group interest, equity method (as a percent)		15.00%
Exploration & Production | Angola LNG Supply Services, LLC
Consolidation scope
Group interest, equity method (as a percent)		13.60%
Exploration & Production | Bonny Gas Transport Limited
Consolidation scope
Group interest, equity method (as a percent)		15.00%
Exploration & Production | Brass LNG Limited
Consolidation scope
Group interest, equity method (as a percent)		20.48%
Exploration & Production | Dolphin Energy Limited
Consolidation scope
Group interest, equity method (as a percent)		24.50%
Exploration & Production | Gas Investment and Services Company Limited
Consolidation scope
Group interest, equity method (as a percent)		10.00%
Exploration & Production | Moattama Gas Transportation Company Limited
Consolidation scope
Group interest, equity method (as a percent)		31.24%
Exploration & Production | Norpipe Oil A/S
Consolidation scope
Group interest, equity method (as a percent)		34.93%
Exploration & Production | Norpipe Petroleum UK Limited
Consolidation scope
Group interest, equity method (as a percent)		45.22%
Exploration & Production | Norpipe Terminal Holdco Limited
Consolidation scope
Group interest, equity method (as a percent)		45.22%
Exploration & Production | Norsea Pipeline Limited
Consolidation scope
Group interest, equity method (as a percent)		45.22%
Exploration & Production | North Oil Company
Consolidation scope
Group interest, equity method (as a percent)		30.00%
Exploration & Production | Novatek
Consolidation scope
Group interest, equity method (as a percent)		19.40%
Exploration & Production | Pars LNG Limited
Consolidation scope
Group interest, equity method (as a percent)		40.00%
Exploration & Production | Private Oil Holdings Oman Limited
Consolidation scope
Group interest, equity method (as a percent)		10.00%
Exploration & Production | Terneftegaz JSC
Consolidation scope
Group interest, equity method (as a percent)		58.89%
Percentage of control in associate or joint venture		49.00%
Integrated Gas, Renewables and Power | Centrale Solaire Pouy Negue 2
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Abarloar Solar, S.L.U.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Alcad AB
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Blue Raven Solar Holdings, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Anayet Solar, S.L.U.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Anclote Solar, S.L.U.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Ancora Solar, S.L.U.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Andromeda Solarbay HP S.L.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Armada Solar, S.L.U.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Amura Solar, S.L.U.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Arbotante Solar, S.L.U.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Alamo Solarbay S.L.U
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Albatross Software, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Atolon Solar, S.L.U.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Auriga Generacion S.L.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Baser Comercializadora de Referencia
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Bassin Du Capiscol
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Beauce Oratorienne
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Biogaz Breuil
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Biogaz Chatillon
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Biogaz Corcelles
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Biogaz Epinay
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Biogaz Libron
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Biogaz Milhac
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Biogaz Soignolles
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Biogaz Torcy
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Biogaz Vert Le Grand
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Biogaz Viriat
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | BioPommeria S.A.S.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | BioBearn S.A.S.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | BioGasconha S.A.S.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Bioroussillon S.A.S.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Biovilleneuvois S.A.S.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | BSP Class B Member HoldCo, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | BSP Holding Company, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | BSP II Parent, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Blue Raven Solar, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | BRS Field Ops Nevada, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | BRS Field Ops, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | BRS Setter, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Cefeo Solar S.L.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Centaurus Environment S.L.U.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Myrtle Solar, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Centrale Solaire Estarac 2
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Centrale Solaire 2
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Centrale Solaire Du Centre Ouest
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Cogenra Solar, Inc.
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Centrale Solaire De Cazedarnes
Consolidation scope
Group interest, fully consolidated (as a percent)		75.00%
Integrated Gas, Renewables and Power | Centrale Solaire Forum Laudun
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Centrale Solaire Les Cordeliers
Consolidation scope
Group interest, fully consolidated (as a percent)		83.98%
Integrated Gas, Renewables and Power | Centrale Solaire Les Cordeliers 2
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Centrale Solaire Ombrieres Cap Agathois
Consolidation scope
Group interest, fully consolidated (as a percent)		83.98%
Integrated Gas, Renewables and Power | Centrale Solaire Plateau De Pouls
Consolidation scope
Group interest, fully consolidated (as a percent)		51.00%
Integrated Gas, Renewables and Power | Centrale Solaire Quinipily 2
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Centrale Solaire Zabo 2
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Cerezo Solar, S.L.U.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Cidra Solar, S.L.U.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | DAJA 154
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | DAJA 160
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Danish Fields Solar, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Eclipse Solar SPA
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Edelweis Solar, S.L.U.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Eole Boin
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Eole Fonds Caraibes
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Eole Grand Maison
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Eole La Montagne
Consolidation scope
Group interest, fully consolidated (as a percent)		87.60%
Integrated Gas, Renewables and Power | Eole La Perriere S.A.R.L.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Les Vents de la Moivre 2
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Les Vents de la Moivre 3
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Les Vents de la Moivre 4
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Les Vents de la Moivre 5
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Eole Morne Carriere
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Eole Morne Constant
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Eole Yate
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Eole Dadoud
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Fast Jung KB
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Falla Solar, S.L.U.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Fluxsol
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Frieman & Wolf Batterietechnick GmbH
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Fonroche Energies Renouvelables S.A.S
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Gfs I Holding Company, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Glaciere De Palisse
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Global LNG Armateur S.A.S.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Global LNG Downstream S.A.S.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Global LNG North America Corporation
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Global LNG S.A.S.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Golden Fields Solar I, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Goodfellow Solar III, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Greenflex Actirent Group, S.L.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Goodfellow Solar Construction, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Go Electric
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Greenflex S.A.S.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | GridVault DR1, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Grillete Solar, S.L.U.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Helio 100 Kw
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Helio 974 Sol 1
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Helio 974 Toiture 2
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Helio Fonds Caraibes
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Helio L'R
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Helio Moindah
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Helio Plaine des Gaiacs
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Helio Saint Benoit
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Helio Tontouta
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Helio Wabealo
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Helix Project III, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Helix Project V, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | G.K. Succeed Tsu Haze
Consolidation scope
Group interest, fully consolidated (as a percent)		90.00%
Integrated Gas, Renewables and Power | Hetty
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Hydromons
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Institut Photovoltaique D'Ile De France (IPVF)
Consolidation scope
Group interest, fully consolidated (as a percent)		43.00%
Integrated Gas, Renewables and Power | JDA Overseas Holdings, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Jmcp
Consolidation scope
Group interest, fully consolidated (as a percent)		50.05%
Integrated Gas, Renewables and Power | JOBS Tugboat, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | LA Basin Solar I, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | La Compagnie Electrique De Bretagne
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Lampiris S.A.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Lanuza Solar, S.L.U.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Lemoore Stratford Land Holdings IV, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Les Vents De Nivillac
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Lincoln Solar Star, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Luce Solar SPA
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Margeriaz Energie
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Marysville Unified School District Solar, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Mauricio Solar, S.L.U.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Methanergy
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Moz LNG1 Co-Financing Company
Consolidation scope
Group interest, fully consolidated (as a percent)		26.50%
Integrated Gas, Renewables and Power | Moz LNG1 Financing Company Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)		26.50%
Integrated Gas, Renewables and Power | Moz LNG1 Holding Company Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)		26.50%
Integrated Gas, Renewables and Power | Mozambique MOF Company S.A.
Consolidation scope
Group interest, fully consolidated (as a percent)		26.50%
Integrated Gas, Renewables and Power | Mozambique LNG Marine Terminal Company S.A.
Consolidation scope
Group interest, fully consolidated (as a percent)		26.50%
Integrated Gas, Renewables and Power | NEM Solar Targetco, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | NorthStar Energy Management, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | NorthStar Energy Management Nevada, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Nuza Solar, S.L.U.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Parque Fotovoltaico Alicahue Solar SPA
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Parque Fotovoltaico Santa Adriana Solar SPA
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Pilastra Solar, S.L.U.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Planta solar OPDE Andaluca 3, S.L.U.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Portalon Solar, S.L.U.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Pos Production II
Consolidation scope
Group interest, fully consolidated (as a percent)		60.00%
Integrated Gas, Renewables and Power | Pos Production III
Consolidation scope
Group interest, fully consolidated (as a percent)		70.00%
Integrated Gas, Renewables and Power | Pos Production IV
Consolidation scope
Group interest, fully consolidated (as a percent)		70.00%
Integrated Gas, Renewables and Power | Pos Production V
Consolidation scope
Group interest, fully consolidated (as a percent)		70.00%
Integrated Gas, Renewables and Power | Postigo Solar S.L.U.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Quilla Solar, S.L.U.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | RLA Solar SPA
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Rabiza Solar, S.L.U.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Recova Solar, S.L.U.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Regata Solar, S.L.U.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Rosamond Raven Holdings, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Saft (Zhuhai FTZ) Batteries Company Limited
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Saft (Zhuhai) Energy Storage Co
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Saft AB
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Saft Acquisition S.A.S.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Saft America Inc.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Saft AS
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Saft Australia PTY Limited
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Saft Batterias SL
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Saft Batterie Italia S.R.L.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Saft Batterien GmbH
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Saft Batteries Pte Limited
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Saft Batteries PTY Limited
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Saft Batterijen B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Saft Do Brasil Ltda
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Saft EV S.A.S.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Saft Ferak AS
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Saft Groupe S.A.S.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Saft Hong Kong Limited
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Saft India Private Limited
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Saft Japan KK
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Saft Limited
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Saft LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Saft Nife ME Limited
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Saft S.A.S.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | SGS Antelope Valley Development, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Shop Renewable Energy, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Societe d'exploitation de centrales photovoltaiques 1
Consolidation scope
Group interest, fully consolidated (as a percent)		25.47%
Integrated Gas, Renewables and Power | Solar Carport NJ, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Sail Commercial DevCo I, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Sail Commercial Holdings, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Sail Commercial MPW DevCo, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Sail Generate Devco I, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star Academia 1, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star Always Low Prices Ct, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star Always Low Prices Hi, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star Arizona HMR-I, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star Arizona VII, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star Baltimore Carney, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star Baltimore Roofs, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star Bay City 2, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star Bear Creek, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star Big Apple BTM, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star Big Apple CDG, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star Buchanan 2, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star California I, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star California LXXV, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star California LXXVI, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star California XXXV, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star California XXXVI, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star California XXXVIII, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star Carbondale 1, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star Charlotte 1, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star Clovis Curry North, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star Co Co 1, LC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star Co Co 2, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star Co Co 2500, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star Coastal Pirate, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star Colorado II, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star CRC Kern Front, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star CRC Yowlumne 1 North, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star CRC Yowlumne 2 South, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star CRC North Shafter, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star CRC Pier A West, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star CRC Mt. Poso, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star Deer Island, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Circinus Energy S.L
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Solar Star Energy Center, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star George Gift, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star Golden Empire, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star Harbor, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star HD Maryland, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star HD New Jersey, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star HD New York, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star Healthy 1, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star Healthy Lake, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star Herald Square 1, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star Hernwood, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star Irondale, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star Kale 1, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Martianez Solar, S.L.U
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Solar Star Khsd, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star LA County High Desert, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star LCR Culver City, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star LCR Irvine, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star LCR LA 1, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star LCR LA 2, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star LCR Split 1, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star LCR Split 2, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star Lincoln School, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star MA - Tewksbury, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star Los Lunas, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star Massachusetts II, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star Massachusetts III, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star Maxx 1, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star Maynard 1, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star Meridian Park West, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star Mount Crawford 1, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star Parent CRC Kern Front, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star Parent CRC Mt. Poso, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star Parent CRC North Shafter, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star Parent CRC Pier A West, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star Parent CRC Yowlumne 1 North, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star Parent CRC Yowlumne 2 South, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star Parkton, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star Pennsauken, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star Petersburg 1, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star Philipsburg 1, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star Prairie Holding, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star Prime 2, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star Prime 3, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star Prime 4, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star Prime SCK3, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star PTC 1, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star PTC 2, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star Rancho CWD I, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star River, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star Serving Science, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star South Deering, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star Storage Texas, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star Track Cheverly, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star Track Southern Ave 1, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star Track Southern Ave 2, LLC.
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star Tranquility, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star Unkety Brook, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star Urbana Landfill Central, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star Urbana Landfill East, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star Virginia Holdco, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star Wholesome Portland, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solar Star Woodlands St Cr, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | SolarBridge Technologies Inc.
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solarstar Ma I, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Solarstar Prime I, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | SolarStorage Fund A, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | SolarStorage Fund B, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | SolarStorage Fund C, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | SolarStorage Fund D, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Spinnaker Solar, S.L.U.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | SPWR SS 1, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | SPWR SunStrong Holdings, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | SunPower AssetCo, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | SunPower Bobcat Solar, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | SunPower Capital Services, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | SunPower Capital, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | SunPower Commercial FTB Construction, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | SunPower Commercial Holding Company FTB SLB Parent, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | SunPower Commercial Holding Company FTB SLB, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | SunPower Corporation
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | SunPower Corporation, Systems
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | SunPower DevCo, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | SunPower Electrical of New York, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | SunPower Energia SPA
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | SunPower Energy Systems Canada Corporation
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | SunPower Equity Holdings, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | SunPower Foundation
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | SunPower Helix I, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | SunPower HoldCo, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | SunPower Manufacturing Oregon, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | SunPower North America, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | SunPower NY CDG 1,LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | SunPower Philippines Limited - Regional Operating Headquarters
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | SunPower Residential V, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | SunPower Residential VI, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Sunpower Residential VII, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | SunPower Revolver HoldCo I Parent, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | SunPower Revolver HoldCo I, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | SunPower Systems Mexico S. de R.L. de C.V.
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | SunPower Technologies Assetco Holdings, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Swingletree Operations, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Tadiran Batteries GmbH
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Tadiran Batteries Limited
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Temasol
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | TIEA Energie
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Total Direct Energie Belgium
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Garonne-et-Canal Energies
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Total E&P Indonesia Mentawai B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Total E&P Indonesie
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Total E&P Mauritius Holding Limited
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Total E&P PNG 2 B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Total E&P Sebuku
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Total Energies Biogaz France
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Total Energy Investments Tianjin
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Total Gas & Power Actifs Industriels
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Total Gas & Power Chartering Limited
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Total Gas & Power Services Limited
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Falcon Acquisition Holdco, Inc
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Farm
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Total Indian Ocean Renewables
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Total Indian Ocean Solar Wind
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Total Investment Management Tianjin
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Total Midstream Holdings UK Limited
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Total Solar Singapore Pte Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Total SunPower Energia S.A.
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Total Tengah
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Total USA International, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Total Yemen LNG Company Limited
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TotalEnergies - Centrale Electrique Bayet
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TotalEnergies - Centrale Electrique Marchienne-au-Pont
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TotalEnergies - Centrale Electrique Pont-sur-Sambre
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TotalEnergies - Centrale Electrique Saint-Avold
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TotalEnergies - Centrale Electrique Toul
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TotalEnergies Australia Unit Trust
Consolidation scope
Group interest, fully consolidated (as a percent)		0.00%
Control (as a percent)		75.16%
Integrated Gas, Renewables and Power | TotalEnergies Carbon Solutions
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TotalEnergies Clientes
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TotalEnergies DF Solar, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TotalEnergies E&P Yamal
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TotalEnergies Electricidad y Gas Espana
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TotalEnergies Electricite et Gaz France
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TotalEnergies EP Angola Developpement
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TotalEnergies EP Australia
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TotalEnergies EP Australia II
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TotalEnergies EP Australia III
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TotalEnergies EP Barnett USA
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TotalEnergies EP Holdings Australia Pty Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TotalEnergies EP Ichthys B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TotalEnergies EP Ichthys Holdings
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TotalEnergies EP Mozambique Area1, Ltda
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TotalEnergies EP Oman Block 12 B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TotalEnergies EP Oman Development B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TotalEnergies EP PNG Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TotalEnergies EP Salmanov
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TotalEnergies EP Singapore Pte. Ltd.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TotalEnergies EP Transshipment S.A.S.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TotalEnergies ESS Flandres
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TotalEnergies Exploration Australia Pty Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TotalEnergies Gas & Power Asia Private Limited
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TotalEnergies Gas & Power Brazil
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TotalEnergies Gas & Power Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TotalEnergies Gas & Power Ltd, London, Meyrin - Geneva branch
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TotalEnergies Gas & Power North America, Inc.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TotalEnergies Gas Holdings Andes
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TotalEnergies Gas Pipeline USA, Inc.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TotalEnergies Gas y Electricidad Argentina S.A.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TotalEnergies Gaz & Electricite Holdings
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TotalEnergies GLNG Australia
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TotalEnergies GLNG Holdings Australia S.A.S.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TotalEnergies H Solar, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TotalEnergies LNG Angola
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TotalEnergies M Solar, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TotalEnergies Mercado Espana
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TotalEnergies New Ventures USA, Inc.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TotalEnergies Offshore Wind Holdings UK Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TotalEnergies Offshore Wind Korea
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TotalEnergies Power Generation France
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TotalEnergies Renewables
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TotalEnergies Renewables Asia
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TotalEnergies Renewables DG Holdings Asia PTE Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TotalEnergies Renewables DG MEA - Assets 1 FZE
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TotalEnergies Renewables DG MEA FZE
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TotalEnergies Renewables Iberica, S.L.U
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TotalEnergies Renewables International
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TotalEnergies Renewables Latin America
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TotalEnergies Renewables Projects Vietnam
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Totalenergies Renewables R4 Holdco Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Totalenergies Renewables Seagreen Holdco Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TotalEnergies Renewables Thailand
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TotalEnergies Renewables USA, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TotalEnergies Renouvelables Antilles Guyane
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TotalEnergies Renouvelables Danemark ApS
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TotalEnergies Renouvelables France
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TotalEnergies Renouvelables Pacific
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TotalEnergies Solar France
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TotalEnergies Solar Intl
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TotalEnergies Sviluppo Italia S.R.L.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TotalEnergies Ventures Emerging Markets
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TotalEnergies Ventures Europe
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TotalEnergies Ventures International
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TotalEnergies Wire 3, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TQN Hydro
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TQN Solar
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TQN Wind
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Trofeo Solar, S.L.U.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | TSDG Asia Assets PTE. Ltd.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Tugboat Commercial Pledgor, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | TW2 Tugboat, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | TW3 Tugboat, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Valorene
Consolidation scope
Group interest, fully consolidated (as a percent)		66.00%
Integrated Gas, Renewables and Power | Vega Solar 1 S.A.P.I. de C.V.
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Vega Solar 2 S.A.P.I. de C.V.
Consolidation scope
Group interest, fully consolidated (as a percent)		50.83%
Integrated Gas, Renewables and Power | Vents D'Oc Centrale D Energie Renouvelable 17
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Vents D'Oc Centrale D'Energie Renouvelable 18
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Winche Solar, S.L.U.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Wind 1029 GmbH
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Winergy
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | WP France 21
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | WP France 25
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | WP France 27
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Zeeland Solar B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Centrale Eolienne De La Vallee Gentillesse
Consolidation scope
Group interest, fully consolidated (as a percent)		74.80%
Integrated Gas, Renewables and Power | Centrale Eolienne Rembercourt
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Centrale Solaire APV R&D
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Centrale Eolienne Ploumoguer
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Centrale Hydrolique Alas
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Centrale Hydrolique Ardon
Consolidation scope
Group interest, fully consolidated (as a percent)		90.00%
Integrated Gas, Renewables and Power | Centrale Hydrolique Arvan
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Centrale Hydrolique Barbaira
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Centrale Hydrolique Bonnant
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Centrale Hydrolique Gavet
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Centrale Hydrolique La Buissiere
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Centrale Hydrolique Miage
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Centrale Hydrolique Previnquieres
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Centrale Solaire Autoprod
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Centrale Solaire Borde Blanche
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Centrale Solaire Beauce Val de Loire
Consolidation scope
Group interest, fully consolidated (as a percent)		60.00%
Integrated Gas, Renewables and Power | Centrale Solaire Briffaut
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Centrale Solaire Cet d'Al Gouty
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Centrale Solaire Dom
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Centrale Solaire DU Lavoir
Consolidation scope
Group interest, fully consolidated (as a percent)		60.00%
Integrated Gas, Renewables and Power | Centrale Solaire Terre du Roi
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Centrale Solaire La Roquette
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Centrale Solaire Golbey
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Centrale Solaire Vauvoix
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Centrale Solaire La Potence
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Centrale Solaire Larampeau
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Centrale Solaire Gatilles
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Centrale Solaire Ombrieres De Blyes
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Centrale Solaire Lot 1
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Helio 971
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Columba Renovables S.L.U
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Cygnus Environment S.L
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Lorca
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Centrale Solaire TQ 2
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Centrale Solaire TQ1
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Integrated Gas, Renewables and Power | Luminora Solar 5
Consolidation scope
Group interest, equity method (as a percent)		65.00%
Integrated Gas, Renewables and Power | Abu Dhabi Gas Liquefaction Company Limited
Consolidation scope
Group interest, equity method (as a percent)		5.00%
Integrated Gas, Renewables and Power | Adani Gas Limited AGL
Consolidation scope
Group interest, equity method (as a percent)		37.40%
Integrated Gas, Renewables and Power | Adani Green Energy Ltd
Consolidation scope
Group interest, equity method (as a percent)		20.00%
Integrated Gas, Renewables and Power | Adani Green Energy Twenty Three Limited
Consolidation scope
Group interest, equity method (as a percent)		50.00%
Integrated Gas, Renewables and Power | Adani Total Private Limited (e)
Consolidation scope
Group interest, equity method (as a percent)		50.00%
Integrated Gas, Renewables and Power | Advanced Thermal Batteries Inc.
Consolidation scope
Group interest, equity method (as a percent)		50.00%
Integrated Gas, Renewables and Power | Aerospatiale Batteries (ASB)
Consolidation scope
Group interest, equity method (as a percent)		50.00%
Integrated Gas, Renewables and Power | Aerowatt Energies
Consolidation scope
Group interest, equity method (as a percent)		65.00%
Integrated Gas, Renewables and Power | Aerowatt Energies 2
Consolidation scope
Group interest, equity method (as a percent)		51.00%
Integrated Gas, Renewables and Power | Al Kharsaa Solar Holdings B.V.
Consolidation scope
Group interest, equity method (as a percent)		49.00%
Integrated Gas, Renewables and Power | Alicante
Consolidation scope
Group interest, equity method (as a percent)		50.00%
Integrated Gas, Renewables and Power | Alicante 2
Consolidation scope
Group interest, equity method (as a percent)		50.00%
Integrated Gas, Renewables and Power | Altergie Territoires 3
Consolidation scope
Group interest, equity method (as a percent)		50.00%
Integrated Gas, Renewables and Power | Amber Solar Power Cinco, S.L.
Consolidation scope
Group interest, equity method (as a percent)		65.00%
Integrated Gas, Renewables and Power | Amber Solar Power Cuatro, S.L.
Consolidation scope
Group interest, equity method (as a percent)		65.00%
Integrated Gas, Renewables and Power | Amber Solar Power Dieciseis, S.L.
Consolidation scope
Group interest, equity method (as a percent)		65.00%
Integrated Gas, Renewables and Power | Amber Solar Power Diez, S.L.
Consolidation scope
Group interest, equity method (as a percent)		65.00%
Integrated Gas, Renewables and Power | Amber Solar Power Nueve, S.L.
Consolidation scope
Group interest, equity method (as a percent)		65.00%
Integrated Gas, Renewables and Power | Amber Solar Power Quince, S.L.
Consolidation scope
Group interest, equity method (as a percent)		65.00%
Integrated Gas, Renewables and Power | Amber Solar Power Tres, S.L.
Consolidation scope
Group interest, equity method (as a percent)		65.00%
Integrated Gas, Renewables and Power | Amber Solar Power Uno, S.L.
Consolidation scope
Group interest, equity method (as a percent)		65.00%
Integrated Gas, Renewables and Power | Arctic LNG 2 LLC
Consolidation scope
Group interest, equity method (as a percent)		21.64%
Percentage of control in associate or joint venture		10.00%
Integrated Gas, Renewables and Power | ATJV Offshore
Consolidation scope
Group interest, equity method (as a percent)		50.00%
Integrated Gas, Renewables and Power | Automotive Cells Company, S.E.
Consolidation scope
Group interest, equity method (as a percent)		50.00%
Integrated Gas, Renewables and Power | Arctic Transshipment LLC
Consolidation scope
Group interest, equity method (as a percent)		27.46%
Integrated Gas, Renewables and Power | BioDeac S.A.S.
Consolidation scope
Group interest, equity method (as a percent)		65.00%
Integrated Gas, Renewables and Power | BioLoie S.A.S.
Consolidation scope
Group interest, equity method (as a percent)		55.00%
Integrated Gas, Renewables and Power | BioQuercy S.A.S.
Consolidation scope
Group interest, equity method (as a percent)		66.00%
Integrated Gas, Renewables and Power | Blue Gem Wind Limited
Consolidation scope
Group interest, equity method (as a percent)		80.00%
Integrated Gas, Renewables and Power | Cameron LNG Holdings LLC
Consolidation scope
Group interest, equity method (as a percent)		16.60%
Integrated Gas, Renewables and Power | Centrale Solaire Chemin De Melette
Consolidation scope
Group interest, equity method (as a percent)		51.00%
Integrated Gas, Renewables and Power | Castille
Consolidation scope
Group interest, equity method (as a percent)		50.00%
Integrated Gas, Renewables and Power | Centrale Solaire Merle Sud 2
Consolidation scope
Group interest, equity method (as a percent)		60.00%
Integrated Gas, Renewables and Power | Centrale Solaire Guinots
Consolidation scope
Group interest, equity method (as a percent)		60.00%
Integrated Gas, Renewables and Power | Centrale Solaire La Tastere
Consolidation scope
Group interest, equity method (as a percent)		60.00%
Integrated Gas, Renewables and Power | Centrale Photovoltaique De Merle Sud
Consolidation scope
Group interest, equity method (as a percent)		40.58%
Integrated Gas, Renewables and Power | Centrale Solaire Lodes
Consolidation scope
Group interest, equity method (as a percent)		50.00%
Integrated Gas, Renewables and Power | Centrale Solaire Mazeran Lr
Consolidation scope
Group interest, equity method (as a percent)		50.00%
Integrated Gas, Renewables and Power | Colon LNG Marketing S. de R. L.
Consolidation scope
Group interest, equity method (as a percent)		50.00%
Integrated Gas, Renewables and Power | Cote d'Ivoire GNL
Consolidation scope
Group interest, equity method (as a percent)		34.00%
Integrated Gas, Renewables and Power | Centrale Solaire Estarac
Consolidation scope
Group interest, equity method (as a percent)		35.00%
Integrated Gas, Renewables and Power | Centrale Solaire Heliovale
Consolidation scope
Group interest, equity method (as a percent)		59.63%
Integrated Gas, Renewables and Power | Centrale Solaire Olinoca
Consolidation scope
Group interest, equity method (as a percent)		10.00%
Integrated Gas, Renewables and Power | ECA LNG Holdings B.V.
Consolidation scope
Group interest, equity method (as a percent)		16.60%
Integrated Gas, Renewables and Power | Energie Developpement
Consolidation scope
Group interest, equity method (as a percent)		50.00%
Integrated Gas, Renewables and Power | Eole Champagne Conlinoise
Consolidation scope
Group interest, equity method (as a percent)		66.00%
Integrated Gas, Renewables and Power | Eolmed
Consolidation scope
Group interest, equity method (as a percent)		20.00%
Integrated Gas, Renewables and Power | Gas Del Litoral SRLCV
Consolidation scope
Group interest, equity method (as a percent)		25.00%
Integrated Gas, Renewables and Power | Gray Whale Offshore Wind Power No.1 Co., Ltd
Consolidation scope
Group interest, equity method (as a percent)		50.00%
Integrated Gas, Renewables and Power | Gray Whale Offshore Wind Power No.2 Co., Ltd
Consolidation scope
Group interest, equity method (as a percent)		50.00%
Integrated Gas, Renewables and Power | GT R4 Holding Limited
Consolidation scope
Group interest, equity method (as a percent)		50.00%
Integrated Gas, Renewables and Power | Gulf Total Tractebel Power Company PSJC
Consolidation scope
Group interest, equity method (as a percent)		20.00%
Integrated Gas, Renewables and Power | Hanwha Total Solar II, LLC
Consolidation scope
Group interest, equity method (as a percent)		50.00%
Integrated Gas, Renewables and Power | Hydro Tinee
Consolidation scope
Group interest, equity method (as a percent)		50.00%
Integrated Gas, Renewables and Power | Ichthys LNG PTY Limited
Consolidation scope
Group interest, equity method (as a percent)		26.00%
Integrated Gas, Renewables and Power | Ise Total Nanao Power Plant G.K.
Consolidation scope
Group interest, equity method (as a percent)		50.00%
Integrated Gas, Renewables and Power | Jingdan New Energy Investment (Shanghai) Co. Ltd
Consolidation scope
Group interest, equity method (as a percent)		50.00%
Integrated Gas, Renewables and Power | Komundo Offshore Wind Power Co., Ltd
Consolidation scope
Group interest, equity method (as a percent)		50.00%
Integrated Gas, Renewables and Power | La Seauve
Consolidation scope
Group interest, equity method (as a percent)		40.00%
Integrated Gas, Renewables and Power | La Metairie Neuve
Consolidation scope
Group interest, equity method (as a percent)		25.00%
Integrated Gas, Renewables and Power | Luminora Solar cuatro, S.L.
Consolidation scope
Group interest, equity method (as a percent)		65.00%
Integrated Gas, Renewables and Power | Luminora Solar Dos, S.L.
Consolidation scope
Group interest, equity method (as a percent)		65.00%
Integrated Gas, Renewables and Power | Leuret
Consolidation scope
Group interest, equity method (as a percent)		50.00%
Integrated Gas, Renewables and Power | Luminora Solar Tres, S.L.
Consolidation scope
Group interest, equity method (as a percent)		65.00%
Integrated Gas, Renewables and Power | Missiles & Space Batteries Limited
Consolidation scope
Group interest, equity method (as a percent)		50.00%
Integrated Gas, Renewables and Power | Miyako Kuzakai Solarpark G.K.
Consolidation scope
Group interest, equity method (as a percent)		50.00%
Integrated Gas, Renewables and Power | Maxeon Solar Technologies, Pte. Ltd.
Consolidation scope
Group interest, equity method (as a percent)		27.45%
Integrated Gas, Renewables and Power | Miyagi Osato Solar Park G.K.
Consolidation scope
Group interest, equity method (as a percent)		45.00%
Integrated Gas, Renewables and Power | Maenggoldo Offshore Wind Power Co., Ltd
Consolidation scope
Group interest, equity method (as a percent)		50.00%
Integrated Gas, Renewables and Power | Mulilo Prieska PV (RF) Proprietary Limited
Consolidation scope
Group interest, equity method (as a percent)		27.00%
Integrated Gas, Renewables and Power | National Gas Shipping Company Limited
Consolidation scope
Group interest, equity method (as a percent)		5.00%
Integrated Gas, Renewables and Power | Northern Lights JV DA
Consolidation scope
Group interest, equity method (as a percent)		33.33%
Integrated Gas, Renewables and Power | Nigeria LNG Limited
Consolidation scope
Group interest, equity method (as a percent)		15.00%
Integrated Gas, Renewables and Power | Nouvelle Centrale Eolienne de Lastours
Consolidation scope
Group interest, equity method (as a percent)		50.00%
Integrated Gas, Renewables and Power | Nyk Armateur S.A.S.
Consolidation scope
Group interest, equity method (as a percent)		50.00%
Integrated Gas, Renewables and Power | Oman LNG, LLC
Consolidation scope
Group interest, equity method (as a percent)		5.54%
Integrated Gas, Renewables and Power | Parc Eolien De Coupru
Consolidation scope
Group interest, equity method (as a percent)		50.00%
Integrated Gas, Renewables and Power | Parc Eolien Des Monts Jumeaux
Consolidation scope
Group interest, equity method (as a percent)		50.00%
Integrated Gas, Renewables and Power | Parc Eolien du Vilipon
Consolidation scope
Group interest, equity method (as a percent)		50.00%
Integrated Gas, Renewables and Power | Hanwha Total Solar, LLC
Consolidation scope
Group interest, equity method (as a percent)		50.00%
Integrated Gas, Renewables and Power | Qatar Liquefied Gas Company Limited
Consolidation scope
Group interest, equity method (as a percent)		10.00%
Integrated Gas, Renewables and Power | Qatar Liquefied Gas Company Limited (II)
Consolidation scope
Group interest, equity method (as a percent)		16.70%
Integrated Gas, Renewables and Power | Quadrica
Consolidation scope
Group interest, equity method (as a percent)		51.00%
Integrated Gas, Renewables and Power | Seagreen HoldCo 1 Limited
Consolidation scope
Group interest, equity method (as a percent)		51.00%
Integrated Gas, Renewables and Power | Shams Power Company PJSC
Consolidation scope
Group interest, equity method (as a percent)		20.00%
Integrated Gas, Renewables and Power | Centrale Solaire Toiture Josse
Consolidation scope
Group interest, equity method (as a percent)		60.00%
Integrated Gas, Renewables and Power | Societe Champenoise d'Energie
Consolidation scope
Group interest, equity method (as a percent)		16.00%
Integrated Gas, Renewables and Power | Societe Economie Mixte Production Energetique Renouvelable
Consolidation scope
Group interest, equity method (as a percent)		35.92%
Integrated Gas, Renewables and Power | Solar Energies
Consolidation scope
Group interest, equity method (as a percent)		65.00%
Integrated Gas, Renewables and Power | Solar Sail, LLC
Consolidation scope
Group interest, equity method (as a percent)		50.83%
Integrated Gas, Renewables and Power | South Hook LNG Terminal Company Limited
Consolidation scope
Group interest, equity method (as a percent)		8.35%
Integrated Gas, Renewables and Power | Sunstrong Capital Holdings, LLC
Consolidation scope
Group interest, equity method (as a percent)		50.83%
Integrated Gas, Renewables and Power | SunStrong Partners, LLC
Consolidation scope
Group interest, equity method (as a percent)		50.83%
Integrated Gas, Renewables and Power | Sunzil
Consolidation scope
Group interest, equity method (as a percent)		50.00%
Integrated Gas, Renewables and Power | Tianneng Saft Energy Joint Stock Company
Consolidation scope
Group interest, equity method (as a percent)		40.00%
Integrated Gas, Renewables and Power | Total Eren
Consolidation scope
Group interest, equity method (as a percent)		29.60%
Percentage of control in associate or joint venture		5.80%
Integrated Gas, Renewables and Power | Total Eren Holding
Consolidation scope
Group interest, equity method (as a percent)		33.86%
Integrated Gas, Renewables and Power | Total Strong, LLC
Consolidation scope
Group interest, equity method (as a percent)		50.00%
Integrated Gas, Renewables and Power | TQN Solar Nogara
Consolidation scope
Group interest, equity method (as a percent)		50.00%
Integrated Gas, Renewables and Power | Total Shenergy LNG (Shanghai) Co., Ltd.
Consolidation scope
Group interest, equity method (as a percent)		49.00%
Integrated Gas, Renewables and Power | Total Tractebel Emirates O & M Company
Consolidation scope
Group interest, equity method (as a percent)		50.00%
Integrated Gas, Renewables and Power | Total Tractebel Emirates Power Company
Consolidation scope
Group interest, equity method (as a percent)		50.00%
Integrated Gas, Renewables and Power | Transportadora de Gas del Mercosur S.A.
Consolidation scope
Group interest, equity method (as a percent)		32.68%
Integrated Gas, Renewables and Power | TSGF SPA
Consolidation scope
Group interest, equity method (as a percent)		50.00%
Integrated Gas, Renewables and Power | TotalEnergies LNG Angola
Consolidation scope
Group interest, equity method (as a percent)		13.60%
Integrated Gas, Renewables and Power | TotalEnergies Renouvelables Nogara
Consolidation scope
Group interest, equity method (as a percent)		50.00%
Integrated Gas, Renewables and Power | Ulsan Floating Offshore Wind Power Co., Ltd
Consolidation scope
Group interest, equity method (as a percent)		50.00%
Integrated Gas, Renewables and Power | Vertigo
Consolidation scope
Group interest, equity method (as a percent)		25.00%
Integrated Gas, Renewables and Power | Yamal LNG
Consolidation scope
Group interest, equity method (as a percent)		29.73%
Percentage of control in associate or joint venture		20.02%
Integrated Gas, Renewables and Power | Yemen LNG Company Limited
Consolidation scope
Group interest, equity method (as a percent)		39.62%
Integrated Gas, Renewables and Power | Yunlin Holding Gmbh
Consolidation scope
Group interest, equity method (as a percent)		23.00%
Refining & Chemicals | Appryl S.N.C
Consolidation scope
Group interest, fully consolidated (as a percent)		50.00%
Refining & Chemicals | Atlantic Trading and Marketing Financial Inc.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Atlantic Trading and Marketing Inc.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Balzatex S.A.S.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Barry Controls Aerospace S.N.C.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | BASF Total Petrochemicals LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		40.00%
Refining & Chemicals | Bay Junction Inc.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Borrachas Portalegre Ltda
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | BOU Verwaltungs GmbH
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Catelsa-Caceres S.A.U.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Cie Tunisienne du Caoutchouc S.A.R.L.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Composite Industrie Maroc S.A.R.L.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Composite Industrie S.A.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Cosden, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | COS-MAR Company
Consolidation scope
Group interest, fully consolidated (as a percent)		50.00%
Refining & Chemicals | Cray Valley (Guangzhou) Chemical Company, Limited
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Cray Valley Czech
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Cray Valley HSC Asia Limited
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Cray Valley Italia S.R.L.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Cray Valley S.A.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | CSSA - Chartering and Shipping Services S.A.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Espa S.A.R.L.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Ethylene Est
Consolidation scope
Group interest, fully consolidated (as a percent)		99.98%
Refining & Chemicals | Feluy Immobati
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Fina Pipeline Co
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | FINA Technology, Inc.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Gasket (Suzhou) Valve Components Company, Limited
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Gasket International S.R.L.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Grande Paroisse S.A.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | HBA Hutchinson Brasil Automotive Ltda
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Hutchinson (UK) Limited
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Hutchinson (Wuhan) Automotive Rubber Products Company Limited
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Hutchinson Aeronautique & Industrie Limited
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Hutchinson Aerospace & Industry Inc.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Hutchinson Aerospace GmbH
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Hutchinson Aftermarket USA Inc.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Hutchinson Antivibration Systems Inc.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Hutchinson Automotive Systems Company, Limited
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Hutchinson Autopartes Mexico S.A. de C.V.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Hutchinson Borrachas de Portugal Ltda
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Hutchinson Corporation
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Hutchinson d.o.o Ruma
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Hutchinson Do Brasil S.A.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Hutchinson Fluid Management Systems Inc.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Hutchinson GmbH
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Hutchinson Holding GmbH
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Hutchinson Holdings UK Limited
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Hutchinson Iberia S.A.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Hutchinson Industrial Rubber Products (Suzhou) Company, Limited
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Hutchinson Industrias Del Caucho SAU
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Hutchinson Industries Inc.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Hutchinson Japan Company Limited
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Hutchinson Korea Limited
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Hutchinson Maroc S.A.R.L. AU
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Hutchinson Poland SP ZO.O.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Hutchinson Polymers S.N.C.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Hutchinson Porto
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Hutchinson Precision Sealing Systems Inc.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Hutchinson Research & Innovation Singapore PTE. Limited
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Hutchinson Rubber Products Private Limited Inde
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Hutchinson S.A.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Hutchinson S.N.C.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Hutchinson S.R.L. (Italie)
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Hutchinson S.R.L. (Roumanie)
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Hutchinson Sales Corporation
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Hutchinson Seal De Mexico S.A. de CV.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Hutchinson Sealing Systems Inc.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Hutchinson SRO
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Hutchinson Stop - Choc GmbH & CO. KG
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Hutchinson Suisse S.A.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Hutchinson Transferencia de Fluidos S.A. de C.V.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Hutchinson Tunisie S.A.R.L.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Hutchinson Vietnam Company Limited
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Industrias Tecnicas De La Espuma SL
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Industrielle Desmarquoy S.N.C.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Jehier S.A.S.
Consolidation scope
Group interest, fully consolidated (as a percent)		99.89%
Refining & Chemicals | Joint Precision Rubber
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | KTN Kunststofftechnik Nobitz GmbH
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Le Joint Francais S.N.C.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Legacy Site Services Funding Inc.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Legacy Site Services LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Les Stratifies S.A.S.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Lone Wolf Land Company
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Machen Land Limited
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Mide Technology Corporation
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Naphtachimie
Consolidation scope
Group interest, fully consolidated (as a percent)		50.00%
Refining & Chemicals | Olutex Oberlausitzer Luftfahrttextilien GmbH
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Pamargan (Malta) Products Limited
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Pamargan Products Limited
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Paulstra S.N.C.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | PFW Aerospace GmbH
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | PFW Havacilik Sanayi ve Dis Ticaret Limited Sirtketi
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | PFW Uk Machining Ltd.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Polyblend GmbH
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Resilium
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Retia
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Retia USA LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Societe Bearnaise De Gestion Industrielle
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Southeast Texas Pipelines LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		40.00%
Refining & Chemicals | Stillman Seal Corporation
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Stop-Choc (UK) Limited
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Synova
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Techlam S.A.S.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Thermal Control Systems Automotive Sasu
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Total Activites Maritimes
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Total Atlantic Trading Mexico SA De CV
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Total Energy Marketing A/S
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Total Opslag En Pijpleiding Nederland NV
Consolidation scope
Group interest, fully consolidated (as a percent)		55.00%
Refining & Chemicals | Total Petrochemicals (Shangai) Limited
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | TotalEnergies Belgium Services
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | TotalEnergies Laffan Refinery Holdco
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | TotalEnergies Laffan Refinery Holdco II B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | TotalEnergies Marketing Deutschland GmbH Refining
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | TotalEnergies Olefins Antwerp
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | TotalEnergies One Tech Belgium
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | TotalEnergies Petrochemicals Development Feluy
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | TotalEnergies Petrochemicals Ecaussinnes
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | TotalEnergies Petrochemicals Feluy
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | TotalEnergies Petrochemicals France
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | TotalEnergies Petrochemicals Hong Kong Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | TotalEnergies Petrochemicals Iberica
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | TotalEnergies Petrochemicals UK Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | TotalEnergies Pipeline USA, Inc.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | TotalEnergies Polymers Antwerp
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | TotalEnergies Raffinage Chimie
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | TotalEnergies Raffinage France
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | TotalEnergies Raffinerie Mitteldeutschland GmbH
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | TotalEnergies Refinery Antwerp
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | TotalEnergies Refinery Port Arthur, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | TotalEnergies Refining & Chemicals Saudi Arabia
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | TotalEnergies Renewable Fuels USA
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | TotalEnergies Splitter USA, Inc.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | TotalEnergies Trading Asia Pte. Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | TotalEnergies Trading Canada LP
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | TotalEnergies Trading Europe
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | TotalEnergies Trading Holdings Canada Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | TotalEnergies Trading Products S.A.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | TotalEnergies Trading Storage S.A.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | TOTSA TotalEnergies Trading S.A.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Transalpes S.N.C.
Consolidation scope
Group interest, fully consolidated (as a percent)		67.00%
Refining & Chemicals | Trans-Ethylene
Consolidation scope
Group interest, fully consolidated (as a percent)		99.98%
Refining & Chemicals | Vibrachoc S.A.U.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Refining & Chemicals | Zeeland Refinery NV
Consolidation scope
Group interest, fully consolidated (as a percent)		55.00%
Refining & Chemicals | Bayport Polymers LLC
Consolidation scope
Group interest, equity method (as a percent)		50.00%
Refining & Chemicals | Buckeye Products Pileline LP
Consolidation scope
Group interest, equity method (as a percent)		14.66%
Refining & Chemicals | Gulf Coast Pipeline LP
Consolidation scope
Group interest, equity method (as a percent)		14.66%
Refining & Chemicals | Hanwha Total Petrochemical Co. Limited
Consolidation scope
Group interest, equity method (as a percent)		50.00%
Refining & Chemicals | Laffan Refinery Company Limited
Consolidation scope
Group interest, equity method (as a percent)		10.00%
Refining & Chemicals | Laffan Refinery Company Limited 2
Consolidation scope
Group interest, equity method (as a percent)		10.00%
Refining & Chemicals | LaPorte Pipeline Company LP
Consolidation scope
Group interest, equity method (as a percent)		19.96%
Refining & Chemicals | LaPorte Pipeline GP LLC
Consolidation scope
Group interest, equity method (as a percent)		19.96%
Refining & Chemicals | Qatar Petrochemical Company Q.S.C. (QAPCO)
Consolidation scope
Group interest, equity method (as a percent)		20.00%
Refining & Chemicals | Qatofin Company Limited
Consolidation scope
Group interest, equity method (as a percent)		49.09%
Refining & Chemicals | San Jacinto Rail Limited
Consolidation scope
Group interest, equity method (as a percent)		17.00%
Refining & Chemicals | Saudi Aramco Total Refining & Petrochemical Company
Consolidation scope
Group interest, equity method (as a percent)		37.50%
Refining & Chemicals | Societe du Pipeline Sud-Europeen
Consolidation scope
Group interest, equity method (as a percent)		35.14%
Refining & Chemicals | SPA Sonatrach Total Entreprise de Polymeres
Consolidation scope
Group interest, equity method (as a percent)		49.00%
Refining & Chemicals | Total Corbion PLA B.V.
Consolidation scope
Group interest, equity method (as a percent)		50.00%
Refining & Chemicals | Totseanergy
Consolidation scope
Group interest, equity method (as a percent)		49.00%
Marketing & Services | Alvea
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | Antilles Gaz
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | Argedis
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | AS 24
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | AS24 Belgie N.V.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | AS24 Espanola S.A.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | AS24 Fuel Cards Limited
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | AS24 Lithuanie
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | AS24 Polska SP ZO.O.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | AS24 Tankservice GmbH
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | Charvet La Mure Bianco
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | Compagnie Petroliere de l'Ouest - CPO
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | Cristal Marketing Egypt
Consolidation scope
Group interest, fully consolidated (as a percent)		84.62%
Marketing & Services | Elf Oil UK Aviation Limited
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | Elf Oil UK Properties Limited
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | Fioulmarket.fr
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | Gapco Kenya Limited
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | Gapco Tanzania Limited
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | Guangzhou Elf Lubricants Company Limited
Consolidation scope
Group interest, fully consolidated (as a percent)		77.00%
Marketing & Services | Gulf Africa Petroleum Corporation
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | Lubricants Vietnam Holding Limited
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | Progeres S.A.S.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | Quimica Vasca S.A.U.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | Servauto Nederland B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | Societe d'exploitation de l'usine de Rouen
Consolidation scope
Group interest, fully consolidated (as a percent)		98.98%
Marketing & Services | Societe mahoraise de stockage de produits petroliers
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | Societe Urbaine des Petroles
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | Source London Mobility Solutions Limited
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | Stedis
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | Total (Fiji) Limited
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | Total Additifs et Carburants Speciaux
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | Total Bitumen UK Limited
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | Total Botswana (PTY) Limited
Consolidation scope
Group interest, fully consolidated (as a percent)		50.10%
Marketing & Services | Total Brasil Distribuidora Ltda
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | Total Cambodge
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | Total Ceska Republika S.R.O.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | Total China Investment Company Limited
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | Total Corse
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | Total Egypt
Consolidation scope
Group interest, fully consolidated (as a percent)		84.62%
Marketing & Services | Total Especialidades Argentina
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | Total Fluides
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | Total Glass Lubricants Europe GmbH
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | Total Jamaica Limited
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | Total Jordan PSC
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | Total Liban
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | Total Lubricants (China) Company Limited
Consolidation scope
Group interest, fully consolidated (as a percent)		77.00%
Marketing & Services | Total Lubricants Taiwan Limited
Consolidation scope
Group interest, fully consolidated (as a percent)		63.00%
Marketing & Services | Total Lubrifiants
Consolidation scope
Group interest, fully consolidated (as a percent)		99.98%
Marketing & Services | Total Lubrifiants Service Automobile
Consolidation scope
Group interest, fully consolidated (as a percent)		99.98%
Marketing & Services | Total Luxembourg S.A.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | Total Marketing Egypt
Consolidation scope
Group interest, fully consolidated (as a percent)		84.62%
Marketing & Services | Total Marketing Gabon
Consolidation scope
Group interest, fully consolidated (as a percent)		90.00%
Marketing & Services | Total Marketing Middle East Free Zone
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | Total Marketing Tchad
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | Total Marketing Uganda
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | Total Mexico S.A. de C.V.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | Total Niger S.A.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | Total Oil India Private Limited
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | Total Outre-Mer
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | Total Pacifique
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | Total Petroleum (Shanghai) Company Limited
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | Total Petroleum Ghana Limited
Consolidation scope
Group interest, fully consolidated (as a percent)		76.74%
Marketing & Services | Total Polska
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | Total Polynesie
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | Total Proxi Energies Nord Est
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | Total Specialties USA Inc.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | Total Swaziland (PTY) Limited
Consolidation scope
Group interest, fully consolidated (as a percent)		50.10%
Marketing & Services | Total Tianjin Manufacturing Company Limited
Consolidation scope
Group interest, fully consolidated (as a percent)		77.00%
Marketing & Services | Total Togo
Consolidation scope
Group interest, fully consolidated (as a percent)		76.72%
Marketing & Services | Total Turkey Pazarlama
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | Total UAE LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | Total Ukraine LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | Total Vietnam Limited
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | Total Vostok
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | TotalEnergies Aviation
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | TotalEnergies Aviation Suisse S.A.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | TotalEnergies Aviation Zambia Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | TotalEnergies Bitumen Deutschland GmbH
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | TotalEnergies Diesel Comercio e Transportes Brasil Ltda
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | TotalEnergies Holdings Deutschland GmbH
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | TotalEnergies Lubrifiants Algerie SPA
Consolidation scope
Group interest, fully consolidated (as a percent)		78.90%
Marketing & Services | TotalEnergies Marine Fuels Pte. Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | TotalEnergies Marketing & Services
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | TotalEnergies Marketing (Hubei) Co., Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | TotalEnergies Marketing African Holdings Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | TotalEnergies Marketing Asia-Pacific Middle East Pte. Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | TotalEnergies Marketing Belgium
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | TotalEnergies Marketing Burkina
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | TotalEnergies Marketing Cameroun S.A.
Consolidation scope
Group interest, fully consolidated (as a percent)		67.01%
Marketing & Services | TotalEnergies Marketing Caraibes
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | TotalEnergies Marketing Congo
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | TotalEnergies Marketing Cote d'Ivoire
Consolidation scope
Group interest, fully consolidated (as a percent)		72.99%
Marketing & Services | TotalEnergies Marketing Denmark A/S
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | TotalEnergies Marketing Espana, S.A.U.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | TotalEnergies Marketing Ethiopia Share Company
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | TotalEnergies Marketing France
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | TotalEnergies Marketing Guadeloupe
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | TotalEnergies Marketing Guinea Ecuatorial
Consolidation scope
Group interest, fully consolidated (as a percent)		70.00%
Marketing & Services | TotalEnergies Marketing Guinee
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | TotalEnergies Marketing Holdings Africa
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | TotalEnergies Marketing Holdings Asia
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | TotalEnergies Marketing Holdings India
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | TotalEnergies Marketing Italia SpA
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | TotalEnergies Marketing Kenya PLC
Consolidation scope
Group interest, fully consolidated (as a percent)		93.96%
Marketing & Services | TotalEnergies Marketing Madagasikara S.A.
Consolidation scope
Group interest, fully consolidated (as a percent)		79.44%
Marketing & Services | TotalEnergies Marketing Malawi Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | TotalEnergies Marketing Mali
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | TotalEnergies Marketing Maroc
Consolidation scope
Group interest, fully consolidated (as a percent)		55.00%
Marketing & Services | TotalEnergies Marketing Mauritius Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)		55.00%
Marketing & Services | TotalEnergies Marketing Mayotte
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | TotalEnergies Marketing Mozambique S.A.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | TotalEnergies Marketing Namibia (Pty) Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)		50.10%
Marketing & Services | TotalEnergies Marketing Nederland NV
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | TotalEnergies Marketing Nigeria PLC
Consolidation scope
Group interest, fully consolidated (as a percent)		61.72%
Marketing & Services | TotalEnergies Marketing Puerto Rico
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | TotalEnergies Marketing RDC
Consolidation scope
Group interest, fully consolidated (as a percent)		60.00%
Marketing & Services | TotalEnergies Marketing Reunion
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | TotalEnergies Marketing Romania S.A.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | TotalEnergies Marketing Senegal
Consolidation scope
Group interest, fully consolidated (as a percent)		69.14%
Marketing & Services | TotalEnergies Marketing South Africa (Pty) Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)		50.10%
Marketing & Services | TotalEnergies Marketing Tanzania Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | TotalEnergies Marketing Tunisie
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | TotalEnergies Marketing Uganda Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | TotalEnergies Marketing UK Limited
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | TotalEnergies Marketing Zambia Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | TotalEnergies Marketing Zimbabwe (Private) Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)		80.00%
Marketing & Services | TotalEnergies Singapore Services Pte Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | TotalEnergies Supply Marketing Services S.A.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | TotalEnergies Warme&Kraftstoff Deutschland GmbH
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | Totalgaz Vietnam LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | Upbeatprops 100 PTY Limited
Consolidation scope
Group interest, fully consolidated (as a percent)		50.10%
Marketing & Services | V Energy S.A.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Marketing & Services | Aristea
Consolidation scope
Group interest, equity method (as a percent)		51.00%
Marketing & Services | Arteco
Consolidation scope
Group interest, equity method (as a percent)		49.99%
Marketing & Services | Clean Energy
Consolidation scope
Group interest, equity method (as a percent)		19.09%
Marketing & Services | National Petroleum Refiners Of South Africa (PTY) Limited
Consolidation scope
Group interest, equity method (as a percent)		18.22%
Marketing & Services | Saudi Total Petroleum Products
Consolidation scope
Group interest, equity method (as a percent)		51.00%
Marketing & Services | S-Oil Total Lubricants Company Limited
Consolidation scope
Group interest, equity method (as a percent)		50.00%
Marketing & Services | South Asia LPG Private Limited
Consolidation scope
Group interest, equity method (as a percent)		50.00%
Marketing & Services | Tas'Helat Marketing Company
Consolidation scope
Group interest, equity method (as a percent)		50.00%
Marketing & Services | Total Freeport Corporation
Consolidation scope
Group interest, equity method (as a percent)		51.00%
Marketing & Services | Total Parco Pakistan Limited
Consolidation scope
Group interest, equity method (as a percent)		50.00%
Marketing & Services | Total Philippines Corporation
Consolidation scope
Group interest, equity method (as a percent)		51.00%
Marketing & Services | Total Sinochem Fuels Company Limited
Consolidation scope
Group interest, equity method (as a percent)		49.00%
Marketing & Services | Total Sinochem Oil Company Limited
Consolidation scope
Group interest, equity method (as a percent)		49.00%
Marketing & Services | Trapil
Consolidation scope
Group interest, equity method (as a percent)		5.50%
Marketing & Services | TotalEnergies Marketing Angola S.A.
Consolidation scope
Group interest, equity method (as a percent)		50.00%
Marketing & Services | TotalEnergies Three Gorges Charging Services (Hubei) Co., Ltd
Consolidation scope
Group interest, equity method (as a percent)		50.00%
Corporate | Albatros
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Corporate | Elf Aquitaine Fertilisants
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Corporate | Elf Aquitaine Inc.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Corporate | Elf Forest Products LLC
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Corporate | Omnium Reinsurance Company S.A.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Corporate | Pan Insurance Limited
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Corporate | Septentrion Participations
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Corporate | Socap S.A.S.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Corporate | Societe Civile Immobiliere CB2
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Corporate | Sofax Banque
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Corporate | TotalEnergies Petrochemicals & Refining USA, Inc.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Corporate | TotalEnergies American Services Inc.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Corporate | TotalEnergies Capital
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Corporate | TotalEnergies Capital Canada Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Corporate | TotalEnergies Capital International
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Corporate | Total Corporate Management (Beijing) Company Limited
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Corporate | Total Digital Factory
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Corporate | TotalEnergies Consulting
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Corporate | TotalEnergies Delaware, Inc.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Corporate | TotalEnergies Developpement Regional S.A.S.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Corporate | TotalEnergies EP Gestion Filiales
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Corporate | TotalEnergies Finance
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Corporate | TotalEnergies Finance Corporate Services Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Corporate | TotalEnergies Finance International B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Corporate | TotalEnergies Finance USA, Inc.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Corporate | TotalEnergies Funding Nederland B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Corporate | TotalEnergies Gestion USA
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Corporate | TotalEnergies Global Financial Services
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Corporate | TotalEnergies Global Human Resources Services
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Corporate | TotalEnergies Global Information Technology Services Belgium
Consolidation scope
Group interest, fully consolidated (as a percent)		99.98%
Corporate | TotalEnergies Holding Allemagne
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Corporate | TotalEnergies Holdings
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Corporate | TotalEnergies Holdings Europe
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Corporate | TotalEnergies Holdings International B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Corporate | TotalEnergies Holdings UK Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Corporate | TotalEnergies Holdings USA, Inc.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Corporate | TotalEnergies Investments
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Corporate | TotalEnergies Marketing Holding Nederland B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Corporate | TotalEnergies One Tech
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Corporate | TotalEnergies Participations
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Corporate | TotalEnergies Petrochemicals & Refining (Holding)
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Corporate | Total Facilities Management Services (TFMS)
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Corporate | Total Global IT Services (TGITS)
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Corporate | Total Global Procurement (TGP)
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Corporate | Total Global Procurement Belgium S.A. (TGPB)
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Corporate | Total Global Services Bucharest
Consolidation scope
Group interest, fully consolidated (as a percent)		99.01%
Corporate | Total Global Services Philippines
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Corporate | Total International NV
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Corporate | Total Learning Solutions (TLS)
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Corporate | Total Operations Canada Limited
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Corporate | Total Overseas Holding (PTY) Limited
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Corporate | Total Resources (Canada) Limited
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Corporate | TotalEnergies Security USA, Inc.
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Corporate | TotalEnergies Treasury
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Corporate | TotalEnergies Treasury Belgium
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%
Corporate | TotalEnergies UK Finance Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)		100.00%