TotalEnergies SE (TTE) 20-F 29 Mar 24 2023 FY Annual report (foreign) Financial data

Document and Entity Information

Document and Entity Information	12 Months Ended
	Dec. 31, 2023 shares
Statements
Entity Registrant Name	TotalEnergies SE
Entity Central Index Key	0000879764
Document Type	20-F
Document Period End Date	Dec. 31, 2023
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2023
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	2,412,251,835
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 Défense 6
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 PricewaterhouseCoopers Audit
Auditor Location	Joint Auditors
Auditor Firm ID	999999
Document Financial Statement Error Correction [Flag]	false
PricewaterhouseCoopers Audit
Statements
Auditor Name	PricewaterhouseCoopers Audit
Auditor Location	Neuilly sur Seine
Auditor Firm ID	1347
ERNST & YOUNG Audit
Statements
Auditor Name	ERNST & YOUNG Audit
Auditor Location	Paris-La Défense
Auditor Firm ID	1692
Business Contact
Statements
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
Statements
Title of 12(b) Security	Shares
Security Exchange Name	NYSE
No Trading Symbol Flag	true
American Depositary Share
Statements
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, 2023 USD ($) $ / shares	Dec. 31, 2022 USD ($) $ / shares	Dec. 31, 2021 USD ($) $ / shares
CONSOLIDATED STATEMENT OF INCOME
Sales	$ 237,128	$ 280,999	$ 205,863
Excise taxes	(18,183)	(17,689)	(21,229)
Revenues from sales	218,945	263,310	184,634
Purchases, net of inventory variation	(143,041)	(169,448)	(118,622)
Other operating expenses	(30,419)	(29,789)	(26,894)
Exploration costs	(573)	(1,299)	(740)
Depreciation, depletion and impairment of tangible assets and mineral interests	(12,762)	(12,221)	(13,556)
Other income	3,677	2,849	1,312
Other expense	(2,396)	(7,344)	(2,317)
Financial interest on debt	(2,820)	(2,386)	(1,904)
Financial income and expense from cash & cash equivalents	1,801	1,143	379
Cost of net debt	(1,019)	(1,243)	(1,525)
Other financial income	1,285	896	762
Other financial expense	(731)	(533)	(539)
Net income (loss) from equity affiliates	1,845	(1,892)	3,438
Income taxes	(13,301)	(22,242)	(9,587)
CONSOLIDATED NET INCOME	21,510	21,044	16,366
TotalEnergies share	21,384	20,526	16,032
Non-controlling interests	$ 126	$ 518	$ 334
Earnings per share (in dollars or Euros per share) | (per share)	$ 8.72	$ 7.91	$ 5.95
Fully-diluted earnings per share (in dollars or Euros per share) | (per share)	$ 8.67	$ 7.85	$ 5.92

CONSOLIDATED STATEMENT OF COMPR

CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME
Consolidated net income	$ 21,510	$ 21,044	$ 16,366
Other comprehensive income
Actuarial gains and losses	(114)	574	1,035
Change in fair value of investments in equity instruments	(11)	112	66
Tax effect	(11)	(96)	(411)
Currency translation adjustment generated by the parent company	2,573	(4,976)	(7,202)
Items not potentially reclassifiable to profit and loss	2,437	(4,386)	(6,512)
Currency translation adjustment	(3,277)	1,734	4,216
Cash flow hedge	2,898	(5,452)	278
Variation of foreign currency basis spread	(11)	65	2
Share of other comprehensive income of equity affiliates, net amount	(208)	3,497	706
Other	(2)	(16)	(1)
Tax effect	(730)	1,449	(135)
Items potentially reclassifiable to profit and loss	(1,330)	1,277	5,066
Total other comprehensive income (net amount)	1,107	(3,109)	(1,446)
COMPREHENSIVE INCOME	22,617	17,935	14,920
TotalEnergies share	22,534	17,419	14,616
Non-controlling interests	$ 83	$ 516	$ 304

CONSOLIDATED BALANCE SHEET

CONSOLIDATED BALANCE SHEET $ in Millions	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
Non-current assets
Intangible assets, net	$ 33,083	$ 31,931	$ 32,484
Property, plant and equipment, net	108,916	107,101	106,559
Equity affiliates: investments and loans	30,457	27,889	31,053
Other investments	1,543	1,051	1,625
Non-current financial assets	2,395	2,731	2,404
Deferred income taxes	3,418	5,049	5,400
Other non-current assets	4,313	2,388	2,797
Total non-current assets	184,125	178,140	182,322
Current assets
Inventories, net	19,317	22,936	19,952
Accounts receivable, net	23,442	24,378	21,983
Other current assets	20,821	36,070	35,144
Current financial assets	6,585	8,746	12,315
Cash and cash equivalents	27,263	33,026	21,342
Assets classified as held for sale	2,101	568	400
Total current assets	99,529	125,724	111,136
TOTAL ASSETS	283,654	303,864	293,458
Shareholders' equity
Common shares	7,616	8,163	8,224
Paid-in surplus and retained earnings	126,857	123,951	117,849
Currency translation adjustment	(13,701)	(12,836)	(12,671)
Treasury shares	(4,019)	(7,554)	(1,666)
Total shareholders' equity - TotalEnergies share	116,753	111,724	111,736
Non-controlling interests	2,700	2,846	3,263
Total shareholders' equity	119,453	114,570	114,999
Non-current liabilities
Deferred income taxes	11,688	11,021	10,904
Employee benefits	1,993	1,829	2,672
Provisions and other non-current liabilities	21,257	21,402	20,269
Non-current financial debt	40,478	45,264	49,512
Total non-current liabilities	75,416	79,516	83,357
Current liabilities
Accounts payable	41,335	41,346	36,837
Other creditors and accrued liabilities	36,727	52,275	42,800
Current borrowings	9,590	15,502	15,035
Other current financial liabilities	446	488	372
Liabilities directly associated with the assets classified as held for sale	687	167	58
Total current liabilities	88,785	109,778	95,102
TOTAL LIABILITIES & SHAREHOLDERS' EQUITY	$ 283,654	$ 303,864	$ 293,458

CONSOLIDATED STATEMENT OF CASH

CONSOLIDATED STATEMENT OF CASH FLOW - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
CASH FLOW FROM OPERATING ACTIVITIES
Consolidated net income	$ 21,510	$ 21,044	$ 16,366
Depreciation, depletion, amortization and impairment	13,818	13,680	14,343
Non-current liabilities, valuation allowances, and deferred taxes	813	4,594	962
(Gains) losses on disposals of assets	(3,452)	369	(454)
Undistributed affiliates' equity earnings	649	6,057	(667)
(Increase) decrease in working capital	6,091	1,191	(616)
Other changes, net	1,250	432	476
Cash flow from operating activities	40,679	47,367	30,410
CASH FLOW USED IN INVESTING ACTIVITIES
Intangible assets and property, plant and equipment additions	(17,722)	(15,690)	(12,343)
Acquisitions of subsidiaries, net of cash acquired	(1,772)	(94)	(321)
Investments in equity affiliates and other securities	(3,477)	(3,042)	(2,678)
Increase in non-current loans	(1,889)	(976)	(1,247)
Total expenditures	(24,860)	(19,802)	(16,589)
Proceeds from disposals of intangible assets and property, plant and equipment	3,789	540	770
Proceeds from disposals of subsidiaries, net of cash sold	3,561	835	269
Proceeds from disposals of non-current investments	490	577	722
Repayment of non-current loans	566	2,734	1,172
Total divestments	8,406	4,686	2,933
Cash flow used in investing activities	(16,454)	(15,116)	(13,656)
CASH FLOW FROM FINANCING ACTIVITIES
Issuance (repayment) of shares: Parent company shareholders	383	370	381
Issuance (repayment) of shares: Treasury shares	(9,167)	(7,711)	(1,823)
Dividends paid: Parent company shareholders	(7,517)	(9,986)	(8,228)
Dividends paid: Non-controlling interests	(311)	(536)	(124)
Net issuance of perpetual subordinated notes	(1,081)		3,248
Payments on perpetual subordinated notes	(314)	(339)	(313)
Other transactions with non-controlling interests	(126)	(49)	652
Net issuance (repayment) of non-current debt	130	1,108	(359)
Increase (decrease) in current borrowings	(14,289)	(6,073)	(10,856)
Increase (decrease) in current financial assets and liabilities	2,562	3,944	(8,075)
Cash flow from / (used in) financing activities	(29,730)	(19,272)	(25,497)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	(5,505)	12,979	(8,743)
Effect of exchange rates	(258)	(1,295)	(1,183)
Cash and cash equivalents at the beginning of the period	33,026	21,342	31,268
CASH AND CASH EQUIVALENTS AT THE END OF THE PERIOD	$ 27,263	$ 33,026	$ 21,342

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, 2020	$ 103,702	$ 8,267	$ 107,078	$ (10,256)	$ (1,387)	$ 2,383	$ 106,085
Common shares issued as of the beginning of the period at Dec. 31, 2020		2,653,124,025			(24,392,703)
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)
Net income	20,526		20,526			518	21,044
Other comprehensive income	(3,107)		(2,933)	(174)		(2)	(3,109)
COMPREHENSIVE INCOME	17,419		17,593	(174)		516	17,935
Dividend	(9,989)		(9,989)			(536)	(10,525)
Issuance of common shares	370	$ 26	344				370
Issuance of common shares (in shares)		9,367,482
Purchase of treasury shares	(7,711)				$ (7,711)		(7,711)
Purchase of treasury shares (in shares)					(140,207,743)
Sale of treasury shares			(318)		$ 318
Sale of treasury shares (in shares)					6,195,654
Share-based payments	229		229				229
Share cancellation		$ (87)	(1,418)		$ 1,505
Share cancellation (in shares)		(30,665,526)			30,665,526
Net issuance (repayment) of perpetual subordinated notes	(44)		(44)				(44)
Payments on perpetual subordinated notes	(331)		(331)				(331)
Other operations with non-controlling interests	54		45	9		37	91
Other items	(9)		(9)			(434)	(443)
Equity as of the end of the period at Dec. 31, 2022	111,724	$ 8,163	123,951	(12,836)	$ (7,554)	2,846	114,570
Common shares issued as of the end of the period at Dec. 31, 2022		2,619,131,285			(137,187,667)
Net income	21,384		21,384			126	21,510
Other comprehensive income	1,150		1,987	(837)		(43)	1,107
COMPREHENSIVE INCOME	22,534		23,371	(837)		83	22,617
Dividend	(7,611)		(7,611)			(311)	(7,922)
Issuance of common shares	383	$ 22	361				383
Issuance of common shares (in shares)		8,002,155
Purchase of treasury shares	(9,167)				$ (9,167)		(9,167)
Purchase of treasury shares (in shares)					(144,700,577)
Sale of treasury shares			(396)		$ 396
Sale of treasury shares (in shares)					6,463,426
Share-based payments	291		291				291
Share cancellation		$ (569)	(11,737)		$ 12,306
Share cancellation (in shares)		(214,881,605)			214,881,605
Net issuance (repayment) of perpetual subordinated notes	(1,107)		(1,107)				(1,107)
Payments on perpetual subordinated notes	(294)		(294)				(294)
Other operations with non-controlling interests	2		30	(28)		85	87
Other items	(2)		(2)			(3)	(5)
Equity as of the end of the period at Dec. 31, 2023	$ 116,753	$ 7,616	$ 126,857	$ (13,701)	$ (4,019)	$ 2,700	$ 119,453
Common shares issued as of the end of the period at Dec. 31, 2023		2,412,251,835			(60,543,213)		2,412,251,835

Notes to the Consolidated Finan

Notes to the Consolidated Financial Statements	12 Months Ended
	Dec. 31, 2023
Notes to the Consolidated Financial Statements
Notes to the Consolidated Financial Statements	On February 6, 2024, the Board of Directors established and authorized the publication of the Consolidated Financial Statements of TotalEnergies SE for the year ended December 31, 2023, which will be submitted for approval to the Shareholders’ Meeting to be held on May 24, 2024. 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, 2023. The accounting principles applied for the consolidated financial statements at December 31, 2023, were the same as those that were used for the financial statements at December 31, 2022, except for amendments and interpretations of IFRS which were mandatory for the periods beginning after January 1, 2023. Their application did not have a significant impact on the financial statements as of December 31, 2023. The international tax reform Pillar 2, which will be applicable in France from January 1, 2024, introduces a minimum tax rate of 15% on the profits of companies in each of their operating countries. TotalEnergies has set up a working group to assess the expected impacts of this reform. Given the high tax rates in its operating countries and the anticipated legislative and regulatory changes in some host countries, the Company does not expect the application of this minimum tax to result in the payment of additional tax in France. Major judgments and accounting estimates ​ The preparation of financial statements in accordance with IFRS for the closing as of December 31, 2023 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. Ø 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”. Ø 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 sold in 2023. Impairment of assets and the method applied are described in Note 3 “Business segment information”. Ø 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”. Ø Climate change and energy transition Climate change and the energy transition were considered in preparing the Consolidated Financial Statements. They may have significant impacts on the value of TotalEnergies’s assets and liabilities mentioned below, and on similar assets and liabilities that may be recognized in the future. 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 ongoing energy transition of the word. The Company is thus implementing its transition strategy aimed at ensuring the growth of its energy production to reach a sales mix of 30% oil, 50% gas and 20% electricity and low-carbon molecules by 2030, with carbon intensity (scope 1+2+3) decreasing by 25% compared to 2015. 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, together with society. As in 2021 and 2022, the Board of Directors submitted a Sustainability & Climate - Progress Report 2023 to a consultative vote of the Shareholders of TotalEnergies at the Combined Shareholders’ Meeting. This report gives an account of the progress made in the implementation of the Company’s ambition in terms of sustainable development and energy transition towards carbon neutrality, and with regards to its related objectives for 2030, and it also completes this ambition (resolution approved by 89% of votes). TotalEnergies evaluates the solidity of its portfolio, particularly new material capital expenditure investments, on the basis of relevant scenarios and sensitivity tests. 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, each new investment thus enhancing the resilience of the Company’s portfolio. Economic criteria are analyzed as part of a price scenario for oil and gas that is compatible with the Paris agreement goals (Brent at 50$/b under the IEA APS scenario and Henry Hub at $3 per Mbtu). Even if CO 2 2 2 2 2 All oil and gas projects must help to lower the average intensity of greenhouse gas emissions (Scope 1+2) in their respective category. Currently, that means: – for new oil and gas projects (greenfield and acquisitions), the intensity of Scope 1+2 greenhouse gas emissions is compared, depending on their nature, to the intensity of the average greenhouse gas emissions of the Company’s upstream production assets or that of various downstream units (LNG plants, refineries). – for additional investments in existing assets (brownfield projects), the investment must lower the Scope 1+2 emissions intensity of the asset in question. – for projects involving other energies and technologies (biofuels, biogas, CCS, etc.), the greenhouse-gas emissions reductions are assessed based on their contribution to reducing the Company’s emissions. ​ Besides, as described in Note 3.C “Asset impairment”, in order to ensure the resilience of its assets recognized on the balance sheet, the oil price trajectory retained by the Company for the computation of its impairments converges in the long term towards the price retained in 2050 by the IEA’s NZE scenario, i.e. $25.5 2023 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. Asset impairment The energy transition is likely to have an impact on future oil and gas prices and therefore on the recoverable amount of intangible assets and property, plant and equipment in the oil and gas industry. The principles applied in determining the recoverable amounts are as follows: - The future cash flows were determined using the assumptions included in the 2024 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 hydrocarbons 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 capacity and demand for petroleum products) and by integrating “climate” challenge. - These price scenarios, first prepared within the Strategy & Markets Division, are also reviewed with the Company segments which bring their own expertise. They also integrate studies issued by international agencies, banks and independent consultants. They are then approved by the Executive Committee and the Board of Directors. - The IEA 2023 World Energy Outlook anticipates three scenarios that are key references for the Company: the STEPS (Stated Policies Scenario) and APS (Announced Pledges Scenario) for the short/mid-term and the NZE (Net Zero Emissions by 2050) for the long-term. - The STEPS only includes climate actions already implemented to date around the world and those under development. The APS also takes into account climate ambitions declared to date in the world, including the NDCs (Nationally Determined Contributions) and carbon neutrality ambitions. According to the IEA, it is associated with a temperature increase of around 1.7°C. This scenario is compatible with the objective of the Paris Agreement to limit the temperature increase to “well below 2°C”. The IEA’s NZE is understood as the set of actions to be taken to be compatible with a 1.5°C scenario in 2050 (without overshooting). This normative scenario does not predict oil demand in the short and medium term, and therefore the price scenarios it proposes, particularly in the short and medium term, do not include a “realistic” evolution of demand. In fact, this scenario predicts that oil demand will peak in 2023 and fall by 20% between 2022 and 2030, whereas, according to the latest projections from the IEA, oil demand in 2024 will be higher than in 2023 and will continue to grow until 2028. According to the projections of other energy companies and consultants, demand would rather being to decline toward 2030 (the Oil peak at Wood MacKenzie in 2032, at HIS inflections in 2028). - Beyond the 2020-2030 decade, the oil price trajectory retained by the Company converges in the long term, to the price retained in 2050 by the IEA’s NZE scenario, i.e $25.5 2023 The oil price trajectories adopted by the Company are based on the following assumptions: - Oil demand has experienced sustained growth after the Covid crisis as the global economic recovery generated strong tensions on energy prices from mid-2021 onwards, which exacerbated in 2022 by the war in Ukraine. Despite the risks of recession in Europe in particular, global liquid demand in 2024 should be higher than in 2019 pre-crisis, notably due to the end of lockdown measures in China which allowed the restart of industrial activity. It should continue to grow until 2030, in a context of sustained growth in global energy demand. Indeed, population growth and rising living standards, particularly in emerging countries, should sustain oil consumption, despite the gradual electrification of transport and efficiency gains in combustion engines, mainly in developed countries. In this context, prices would remain supported in the short term by historic production cuts decided (and implemented) by OPEC+ members. In the United States, production in 2023 is expected to be higher than in 2019, and capacities for further growth in shale oil in subsequent years seem to be a consensus. However, recent sector consolidation (Permian, DJ and Bakken) should strengthen discipline on the profitability of these investments and thus contain growth. - The price trajectory used reflects the Company’s analysis that the weakness of investment oil upstream since 2015 oil crisis and accentuated by the health and economic crisis of 2020 (-30% according to the IEA), and the natural decline of fields currently in production, leads to a global supply-demand balance that will remain tight until 2030. Thus in the scenario used, the Brent price stabilizes at $70 2023 - Beyond 2030, given technological developments, particularly in the transport sector, oil demand should have reached its peak and the selected price scenario decreases linearly to reach $50 2023 2023 The average Brent prices over the period 2024-2050 thus stands at $53.8 2023 For natural gas, the transition fuel, the price trajectory adopted by the Company is based on the following assumptions: - Natural gas demand in 2021 has exceeded its pre-crisis level with very strong tensions on prices in Europe and, by extension, in Asia through LNG prices, as a result of the cuts in Russian pipe gas importation that began at the end of 2021 and continued in 2022 with the complete shutdown of the Nordstream. Global gas demand in 2022 was almost at the same level as in 2021. Global demand in 2023 is expectd to be at the same level as in 2022 with the recourse to American LNG to replace Russian gas in Europe, still in competition with Asia. Gas prices in Asia and Europe have returned to much lower levels than the exceptionally high prices reached in the third quarter of 2022 but remain higher than before the crisis. The price of gas in the United States did not experience such a sharp increase in 2022 and has since stabilized. The Company anticipates in 2024 higher prices than before the crisis on the Asia, Europe and slightly on the USA hubs. Thereafter, natural gas demand would be driven by the same fundamentals as oil (decrease in Europe but resistance in Asia-Pacific), plus its substitution for coal in power generation and by its role as a flexible and controllable source to mitigate the intermittent use and seasonality of renewable energies. The abundant global supply and the growth of liquefied natural gas would, however, limit the potential for higher gas prices. Beyond 2040, with the development of renewables including storage and hydrogen, gas demand is expected to stabilize. In this context, the gas price level used to determine the value in use of the CGUs concerned is as follows: On the NBP quotation (Europe): $14.7 2023 2023 2023 2023 On the Henry Hub quotation (United States): $3 2023 On the DES Japan (Asia) quotation: $15.7 2023 2023 2023 2023 From 2040 onwards, the price trajectory converges towards the price retained in 2050 by the NZE scenario, i.e. $4.2 2023 2023 2023 The future operational costs were determined by taking into account the existing technologies, the fluctuation of prices for petroleum services in line with market developments and the internal cost reduction programs effectively implemented. The determination of value in use also takes into account on all identified assets the impact of their CO 2 2 The future cash flows are estimated over a period consistent with the life of the assets of the CGUs. They are prepared post-tax and take into account specific risks related to the CGUs’ assets. They are discounted using an 8% post-tax discount rate, this rate being the weighted-average cost of TotalEnergies capital estimated from historical market data. This rate was 8% in 2022 and 7% in 2021. The value in use calculated by discounting the above post-tax cash flows using an 8% post-tax discount rate is not materially different from the value in use calculated by discounting pre-tax cash flows using a pre-tax discount rate determined by an iterative computation from the post-tax value in use. These pre-tax discount rates generally range from 7% to 14%. Asset impairments are subject to sensitivity testing. In particular, upstream assets are tested as follows: - Decreases of -10% and -20% in the hydrocarbon’s prices, over the duration of the price scenario. - Consideration of a CO 2 cost of $ 200 /t, inflated by 2% per year beyond 2029 for all assets. - Increase or decrease of 1% in the discount rate of future cash flows. Finally, TotalEnergies also reviewed its upstream assets that can be qualified as “stranded”, meaning with reserves beyond 20 years and high production costs, whose overall reserves may therefore not be produced by 2050. The only projects concerned were the Fort Hills and Surmont oil sands projects in Canada that TotalEnergies sold in 2023. The Company’s strategy of focusing new oil investments on low carbon intensity projects and low cost of production also led it to exit from extra heavy crude oil assets in Venezuela’s Orinoco Belt in 2021. The characteristics of TotalEnergies’ portfolio mitigate the risk of having stranded assets in the future if a structural decline in demand for hydrocarbons occurs due to stricter global environmental regulations and constraints and a resulting change in consumer preferences. The Company will continue to review price assumptions as the energy transition progresses and this may result in additional impairment charges in the future. The effect of asset impairments on TotalEnergies’ financial statements and the associated sensitivity calculations are detailed in Note 3.C “Asset impairment”. Exploration assets The energy transition could affect the future development or economic viability of certain exploration assets. 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. These assets will continue to be carefully reviewed as the energy transition progresses, in line with the resulting capital expenditure allocation policy. The effect of exploration activities on the financial statements of TotalEnergies is detailed in Note 7.2 “Property, plant and equipment”. Intangible and tangible assets - depreciation and useful lives The energy transition may curtail the useful life of oil and gas assets, thereby increasing the annual depreciation charges related to these assets. The following accounting principles are applied to the hydrocarbon production assets of exploration and production activities: - 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. - 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. As of December 31, 2023, 2022 and 2021, this alternative method is not 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. Given the characteristics of the Company’s portfolio of oil & gas assets, its current value on the balance sheet will be almost entirely depreciated by 2040. Consequently, TotalEnergies does not anticipate significant changes in the useful life of its existing oil and gas assets that would represent an element of significant judgment impacting its consolidated accounts in the future. The impact of the depreciation of oil and gas assets on the financial statements of TotalEnergies is detailed in Notes 7.1 “Intangible assets” and 7.2 “Property, plant and equipment”. Asset retirement obligations The energy transition may bring forward asset retirement obligations of certain oil and gas assets, thereby increasing the present value of the associated provisions. 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 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 5% in 2023, it was 4% in 2022 and 3% in 2021 (the expenses are estimated at current currency values with an inflation rate of 2% in 2023 and 2022 and 1.5% in 2021). In upstream activities, in application of its internal procedures, TotalEnergies regularly reviews, on an asset-by-asset basis, the estimate of its future asset retirement costs, as well as the date at which work will be performed. The assets and liabilities recognized in respect of retirement obligations under these rules as described in Note 12.1 “Provisions and other non-current liabilities” are adjusted accordingly. The Company will continue to review its estimates of both costs and the maturity of commitments on a regular basis and will take into account any significant impact that may result from changes in these parameters in the future. The effect of the asset retirement obligations on the financial statements of TotalEnergies and the associated sensitivity calculations are detailed in Note 12.1 “Provisions and other non-current liabilities”. A maturity schedule of these obligations is presented in Note 13.1 “Off-balance sheet commitments and contractual obligations”. Ø 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”. Ø 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”. Ø Russian-Ukrainian conflict Russian assets were fully impaired in 2022, with the exception of the shares held in the Yamal LNG company. In total, the impact of impairments and provisions recorded in 2022 due to the Russo-Ukrainian conflict amounted to $(14,756) million in TotalEnergies’ net result. On November 2, 2023 The Company has also ensured the absence of depreciation to be accounted for on Yamal LNG, by testing the value of its equity accounted investment which amounts to $4,560 million as of December 31, 2023. With regard to the participation in Novatek, in the absence of any new event, the assessments and judgments taken into account on December 31, 2022 in the accounting and valuation method remain unchanged at December 31, 2023. As the criteria for significant influence are no longer met within the meaning of IAS 28 “Investments in associates and joint ventures”, TotalEnergies’ 19.4% interest in Novatek has no longer been accounted for using the equity method in the Company’s financial statements since the end of the 4 th Depending on the developments of the Russian-Ukrainian conflict and the measures that the European and American authorities may take, the activities of TotalEnergies in Russia, in particular those relating to the Yamal LNG asset, could be affected in the future. ​ ​ ​ ​ ​ ​ 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, 2023
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 through other consolidated entities are fully consolidated. Investments in joint ventures are accounted for by 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. In the case of a percentage of less than 20%, accounting under the equity method applies only when significant influence can be demonstrated. 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 U.S. 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 U.S. 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, 2023, is not material.

Changes in TotalEnergies' perim

Changes in TotalEnergies' perimeter	12 Months Ended
	Dec. 31, 2023
Changes in TotalEnergies' perimeter
Changes in TotalEnergies' perimeter	Note 2 Changes in TotalEnergies’ perimeter ​ 2.1 Main acquisitions and divestments In 2023, the main changes in TotalEnergies perimeter were as follows: Ø Exploration & Production ● In March 2023, TotalEnergies has signed an agreement with CEPSA to acquire CEPSA’s upstream assets in the United Arab Emirates. The assets to be acquired are: o a 20% participating interest in the Satah Al Razboot (SARB), Umm Lulu, Bin Nasher and Al Bateel (SARB and Umm Lulu) offshore concession. The SARB and Umm Lulu concession includes two major offshore fields. ADNOC holds a 60% interest in this concession, alongside OMV (20%). The concession is operated by ADNOC Offshore. o a 12.88% indirect interest in the Mubarraz concession held by Abu Dhabi Oil Company Ltd (ADOC), through the acquisition of 20% of Cosmo Abu Dhabi Energy Exploration & Production Co. Ltd (CEPAD), a company holding a 64.4% interest in ADOC. The Mubarraz concession is comprised of four producing offshore fields. The SARB and Umm Lulu transaction was completed on March 15, 2023. The Mubarraz transaction was not completed following Cosmo’s decision to exercise its right of first refusal on the proposed transaction on April 21, 2023 in accordance with the terms of the agreements. ● On September 28, 2023, TotalEnergies EP Angola Block 20 has finalized the sale to Petronas Angola E&P Ltd (PAEPL), a company belonging to the Petronas group of companies, of a 40% interest in Block 20 in the Kwanza Basin in Angola. The transaction was completed for an amount of $400 million, subject to customary price adjustments. TotalEnergies retains the operatorship and a 40% interest in Block 20, alongside PAEPL (40%) and Sonangol Pesquisa e Produção S.A. (20%) . ● On April 27, 2023, TotalEnergies announced the signature of an agreement with Suncor Energy Inc. for the sale of the entirety of the shares of TotalEnergies EP Canada Ltd. The transaction was subject to the waiver of TotalEnergies EP Canada Ltd’s partners pre-emption rights. On May 26, 2023, ConocoPhillips has notified that it is exercising its preemption right to purchase the 50% interest in the Surmont asset. On October 4, 2023, TotalEnergies EP Canada Ltd. has finalized the sale to ConocoPhillips of its 50% interest in the Surmont oil sands asset and associated midstream commitments. The transaction, for a base amount of $4.03 billion Canadian dollar (about US$3.0 billion) plus up to $440 million Canadian dollar (about US$330 million) in contingent payments. Including adjustments, TotalEnergies received a cash payment at closing of $3.7 billion Canadian dollar (about US$2.75 billion). On November 20, 2023, TotalEnergies has completed the sale to Suncor of the entirety of the shares of TotalEnergies EP Canada Ltd., comprising notably its participation in the Fort Hills oil sands asset and associated midstream commitments. The consideration for the transaction is $1.47 billion Canadian dollar (about US$1.1 billion). Including adjustments, TotalEnergies received a cash payment at closing of $1.83 billion Canadian dollar (about US$1.3 billion). Ø Integrated LNG ● On June 12, 2022, following the request for proposals in relation to partner selection for the North Field East (NFE) liquified natural gas project, TotalEnergies has been awarded, a 25% interest in a new joint venture (JV), alongside the national company QatarEnergy ( 75% ). The new JV will hold a 25% interest in the 32 million tons per annum (Mtpa) NFE project, equivalent to one 8 Mtpa LNG train. The acquisition of the interest in this project was finalized in January 2023. Ø Integrated Power ● On October 26, 2022, TotalEnergies and Casa dos Ventos (CDV), Brazil’s leading renewable energy developer, announced the creation of a 34% (TTE)/ 66% (CDV) joint venture to jointly develop, build and operate the renewable portfolio of Casa Dos Ventos. This portfolio includes 700 MW of onshore wind capacity in operation, 1 GW of onshore wind under construction, 2.8 GW of onshore wind and 1.6 GW of solar projects under well advanced development (COD 1 within 5 years ). Besides, the newly formed JV will have the right to acquire the current and new projects that are or will be developed by CDV as they reach execution stage. The transaction amounts to a payment of $0.5 billion and an earn-out of up to $30 million for the acquisition of a 34% stake in the JV. In addition, TotalEnergies will have the option to acquire an additional 15% equity share in 2027. The transaction was completed in January 2023. ● On June 29, 2023, the Company exercised its option to buy back all the shares in Total Eren Holding and Total Eren, in which it held 33.86% and 5.73% respectively. Total Eren has 3.5 GW of assets in operation worldwide, and a diversified portfolio of solar, wind, hydro and storage projects of more than 10 GW in 30 countries, of which nearly 1.2 GW are under construction or at an advanced stage of development. On 24 July, 2023, TotalEnergies completed this acquisition for a net investment of €1,467 million. ​ 1 ​ Ø Marketing & Services ● On March 16, 2023, TotalEnergies and Alimentation Couche-Tard signed agreements concerning the TotalEnergies service station networks in four European countries, providing for an association of TotalEnergies and Couche-Tard in Belgium and Luxembourg and a transfer in Germany and the Netherlands. On December 28, 2023, the transaction related to the network in Germany was finalized for a cash amount received after adjustments and before taxes of 2.4 billion dollars. The assets and liabilities related to the networks in the Netherlands, Luxembourg, and Belgium are respectively classified in the sections “Assets classified as held for sale” and “Liabilities directly associated with the assets classified as held for sale” of the balance sheet on December 31, 2023. These transactions were finalized in January 2024 for 1.4 billion dollars. 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. ​ Ø Exploration & Production ● Acquisition of participating interest in SARB and Umm Lulu offshore concession The purchase price allocation of $1,473 million has been done and is shown below: ​ ​ ​ ​ (M$) At the acquisition date Intangible assets 278 Tangible assets 1,429 Other assets and liabilities (234) Fair value of consideration 1,473 ​ Ø Integrated Power ● Acquisition of all the shares in Total Eren The preliminary purchase price allocation brought back to 100% of $2,909 million is shown below: ​ ​ ​ ​ (M$) At the acquisition date Goodwill 1,417 Intangible assets 821 Tangible assets 2,193 Other assets and liabilities (64) Net debt of the acquired treasury (1,389) Minority interests (69) Fair value of the consideration transferred 2,909 ​ Goodwill represents the valuation of Total Eren’s ability to generate future projects in the field of renewable energy. ​ 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”. ​ Ø Exploration & Production On August 4, 2023, TotalEnergies and its partner SOCAR (State Oil Company of the Republic of Azerbaijan) have signed an agreement to sell a 15% participating interest each As of December 31, 2023, the assets have been classified in the consolidated balance sheet as “assets classified as held for sale” for an amount of $314 million. These assets mainly include tangible assets. Ø Marketing & Services As of December 31, 2023, the assets and liabilities related to the transactions with Alimentation Couche-Tard on the TotalEnergies service station networks in the Netherlands, Luxembourg and Belgium were classified respectively under “ Assets classified as held for sale” for $1,153 million and under “ Liabilities directly associated with the assets classified as held for sale “ in the consolidated balance sheet for $577 million. The assets concerned are mainly tangible fixed assets.

Business segment information

Business segment information	12 Months Ended
	Dec. 31, 2023
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 the Company, namely the Executive Committee. The operational profit and assets are broken down by business segment prior to the consolidation and inter-segment adjustments. Sales prices between business segments approximate market prices. The profitable growth in the LNG and power integrated value chains are two of the key axes of TotalEnergies’s strategy. In order to give more visibility to these businesses, the Board of Directors has decided that from the first quarter 2023, Integrated LNG and Integrated Power results, previously grouped in the Integrated Gas, Renewables & Power (iGRP) segment, would be reported separately as two segments. A new reporting structure for the business segments’ financial information has been put in place, effective January 1, 2023. It is based on the following five business segments: - An Exploration & Production segment that encompasses the activities of exploration and production of oil and natural gas, conducted in about 50 countries; - An Integrated LNG segment covering the integrated gas chain (including upstream and midstream LNG activities) as well as biogas, hydrogen and gas trading activities; - An Integrated Power segment covering generation, storage, electricity trading and B2B-B2C distribution of gas and electricity; - 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. This new segment reporting has been prepared in accordance with IFRS 8 and according to the same principles as the internal reporting followed by the TotalEnergies’s Executive Committee. Due to the change in the Company’s internal organizational structure affecting the composition of the business segments, the segment reporting data for the years 2021 and 2022 has been restated. Definition of the indicators Adjusted Net Operating Income TotalEnergies measures performance at the segment level on the basis of adjusted net operating income. Adjusted net operating income comprises operating income of the relevant segment after deducting the amortization and the depreciation of intangible assets other than mineral interest, translation adjustments and gains or losses on the sale of assets, as well as all other income and expenses related to capital employed (dividends from nonconsolidated companies, income from equity affiliates and capitalized interest expenses) and after income taxes applicable to the above, excluding the effect of the adjustments describe below. The income and expenses not included in net operating income adjusted that are included in net income TotalEnergies share are interest expenses related to net financial debt, after applicable income taxes (net cost of net debt), non-controlling interests, and the adjusted items. Starting 2023, details of adjustment items are presented for net operating income (with comparative periods 2021 and 2022). Adjustment items include: a) Special items Due to their unusual nature or particular significance, certain transactions qualifying 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 qualify as special items although they may have occurred in prior years or are likely to occur in following years. b The inventory valuation effect In accordance with IAS 2, TotalEnergies values inventories of petroleum products in its financial statements according to the First-in, First-Out (FIFO) method and other inventories using the weighted-average cost method. Under the FIFO method, the cost of inventory is based on the historic cost of acquisition or manufacture rather than the current replacement cost. In volatile energy markets, this can have a significant distorting effect on the reported income. Accordingly, 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 Last-In, First-Out (LIFO) 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 under the FIFO and the replacement cost methods. c) Effect of changes in fair value The effect of changes in fair value presented as an adjustment item reflects for trading inventories and storage contracts, differences between internal measures 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. ​ A) Information by business segment ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Exploration ​ ​ Refining Marketing ​ ​ ​ For the year ended December 31, 2023 ​ & ​ Integrated ​ Integrated ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) ​ Production ​ LNG ​ Power ​ Chemicals ​ Services ​ Corporate ​ Intercompany ​ Total External sales 6,561 ​ 12,086 ​ 27,337 ​ 101,203 ​ 89,909 ​ 32 ​ – ​ 237,128 Intersegment sales 42,595 ​ 14,789 4,126 36,581 631 ​ 206 ​ (98,928) – Excise taxes – ​ – – (841) (17,342) ​ – ​ – (18,183) Revenues from sales 49,156 ​ 26,875 31,463 136,943 73,198 ​ 238 ​ (98,928) 218,945 Operating expenses (20,355) ​ (21,569) (28,763) (130,899) (70,497) ​ (878) ​ 98,928 (174,033) Depreciation, depletion and impairment of tangible assets and mineral interests (8,493) ​ (1,288) (281) (1,685) (905) ​ (110) ​ — (12,762) Net income (loss) from equity affiliates and other items (307) ​ 2,194 (345) (42) 2,208 ​ (28) ​ — 3,680 Tax on net operating income (10,095) ​ (810) (394) (938) (1,246) ​ 271 ​ — (13,212) Adjustments (a) (1,036) ​ (798) (173) (1,275) 1,300 ​ (84) ​ — (2,066) Adjusted net operating income 10,942 ​ 6,200 1,853 4,654 1,458 ​ (423) ​ — 24,684 Adjustments (a) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (2,066) Net cost of net debt ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (1,108) Non-controlling interests ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (126) NET INCOME - TotalEnergies SHARE ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 21,384 (a) ​ The management of balance sheet positions (including margin calls) related to centralized markets access for LNG, gas and power activities since 2022 has been fully included in the Integrated LNG segment. Effects of changes in the fair value of gas and LNG positions are allocated to the operating income of Integrated LNG segment. Effects of changes in the fair value of power positions are allocated to the operating income of Integrated Power segment. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Exploration ​ ​ Refining Marketing ​ ​ ​ For the year ended December 31, 2023 ​ & ​ Integrated ​ Integrated ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) ​ Production ​ LNG ​ Power ​ Chemicals ​ Services ​ Corporate ​ Intercompany ​ Total Total expenditures ​ 12,378 ​ 3,410 5,497 2,149 1,273 ​ 153 ​ – ​ 24,860 Total divestments 5,118 290 661 196 2,132 ​ 9 ​ – 8,406 Cash flow from operating activities 18,531 8,442 3,573 7,957 1,957 ​ 219 ​ – 40,679 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Exploration ​ ​ Refining Marketing ​ ​ ​ For the year ended December 31, 2022 ​ & ​ Integrated ​ Integrated ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) ​ Production ​ LNG ​ Power ​ Chemicals ​ Services ​ Corporate ​ Intercompany ​ Total External sales 9,942 ​ 21,300 ​ 27,453 ​ 121,618 ​ 100,661 ​ 25 ​ — ​ 280,999 Intersegment sales 55,190 ​ 17,075 3,353 45,857 1,433 ​ 248 ​ (123,156) — Excise taxes — ​ — — (737) (16,952) ​ — ​ — (17,689) Revenues from sales 65,132 ​ 38,375 30,806 166,738 85,142 ​ 273 ​ (123,156) 263,310 Operating expenses (24,521) ​ (29,982) (29,217) (156,897) (81,746) ​ (1,329) ​ 123,156 (200,536) Depreciation, depletion and impairment of tangible assets and mineral interests (8,115) ​ (1,208) (194) (1,533) (1,033) ​ (138) ​ — (12,221) Net income (loss) from equity affiliates and other items (9,943) ​ 978 1,788 885 (20) ​ 288 ​ — (6,024) Tax on net operating income (17,445) ​ (1,574) (138) (2,544) (787) ​ 281 ​ — (22,207) Adjustments (a) ​ (12,371) ​ (4,580) ​ 2,070 ​ (653) ​ 6 ​ (362) ​ — ​ (15,890) Adjusted net operating income 17,479 ​ 11,169 975 7,302 1,550 ​ (263) ​ — 38,212 Adjustments (a) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (15,890) Net cost of net debt ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (1,278) Non-controlling interests ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (518) NET INCOME - TotalEnergies SHARE ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 20,526 (a) ​ The management of balance sheet positions (including margin calls) related to centralized markets access for LNG, gas and power activities since 2022 has been fully included in the Integrated LNG segment. Effects of changes in the fair value of gas and LNG positions are allocated to the operating income of Integrated LNG segment. Effects of changes in the fair value of power positions are allocated to the operating income of Integrated Power segment. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Exploration ​ ​ Refining Marketing ​ ​ ​ For the year ended December 31, 2022 ​ & ​ Integrated ​ Integrated ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) ​ Production ​ LNG ​ Power ​ Chemicals ​ Services ​ Corporate ​ Intercompany ​ Total Total expenditures 10,646 1,249 5,226 1,391 1,186 ​ 104 ​ — 19,802 Total divestments 807 2,301 1,126 214 222 ​ 16 ​ — 4,686 Cash flow from operating activities 27,654 9,604 66 8,663 3,124 ​ (1,744) ​ — 47,367 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Exploration ​ ​ Refining Marketing ​ ​ ​ For the year ended December 31, 2021 ​ & ​ Integrated ​ Integrated ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) ​ Production ​ LNG ​ Power ​ Chemicals ​ Services ​ Corporate ​ Intercompany ​ Total External sales 7,246 ​ 14,903 ​ 15,801 ​ 87,600 ​ 80,288 ​ 25 ​ — ​ 205,863 Intersegment sales 34,896 ​ 6,862 1,325 27,637 451 ​ 254 ​ (71,425) — Excise taxes — ​ — — (1,108) (20,121) ​ — ​ — (21,229) Revenues from sales 42,142 ​ 21,765 17,126 114,129 60,618 ​ 279 ​ (71,425) 184,634 Operating expenses (16,722) ​ (17,116) (16,775) (108,982) (57,159) ​ (927) ​ 71,425 (146,256) Depreciation, depletion and impairment of tangible assets and mineral interests (9,110) ​ (1,446) (204) (1,583) (1,100) ​ (113) ​ — (13,556) Net income (loss) from equity affiliates and other items ​ (760) ​ 2,935 ​ (190) ​ 518 ​ 108 ​ 45 ​ — ​ 2,656 Tax on net operating income (7,506) ​ (600) (2) (1,068) (738) ​ 152 ​ — (9,762) Adjustments (a) (2,395) ​ (53) (697) 1,105 111 ​ (121) ​ — (2,050) Adjusted net operating income 10,439 ​ 5,591 652 1,909 1,618 ​ (443) ​ — 19,766 Adjustments (a) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (2,050) Net cost of net debt ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (1,350) Non-controlling interests ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (334) NET INCOME - TotalEnergies SHARE ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 16,032 (a) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Exploration ​ ​ Refining Marketing ​ ​ ​ For the year ended December 31, 2021 ​ & ​ Integrated ​ Integrated ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) ​ Production ​ LNG ​ Power ​ Chemicals ​ Services ​ Corporate ​ Intercompany ​ Total Total expenditures ​ 7,276 ​ 2,351 3,990 1,638 1,242 ​ 92 ​ — ​ 16,589 Total divestments 894 1,059 291 348 319 ​ 22 ​ — 2,933 Cash flow from operating activities 22,009 (2,765) 3,592 6,473 2,333 ​ (1,232) ​ — 30,410 ​ ​ B) Additional information on adjustment items The main adjustment items for 2023 are the following: 1) An “Inventory valuation effect” amounting to $(694) million in net operating income for the Refining & Chemicals and Marketing & Services segments; 2) Non-recurring impairments and provisions of assets in the amount of $(2,297) million in net operating income (see Note 3.C “Asset impairment”); 3) Capital gains on disposal for an amount of $2,047 million in net operating income generated in particular on the sale of the Company’s assets in Canada for the Exploration-Production segment and on the sale of the TotalEnergies service station network in Germany for the Marketing & Services segment; 4) Other adjustment items include $388 million of revaluation of the previously held share of Total Eren and $(1,466) million mainly consisting of the impacts of the European solidarity contribution, the contribution on inframarginal annuity in France and the devaluation of the Argentine peso. The detail of the adjustment items is presented in the table below. Adjustments to net operating income ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, 2023 ​ Exploration & ​ Integrated ​ Integrated ​ Refining & ​ Marketing & ​ ​ ​ ​ (M$) Production LNG Power Chemicals Services ​ Corporate Total Inventory valuation effect – – – (586) (108) ​ – (694) Effect of changes in fair value – (547) 559 – – ​ – 12 Restructuring charges – – (5) (51) – ​ – (56) Asset impairment and provisions charges (926) (124) (773) (359) (115) ​ – (2,297) Gains (losses) on disposals of assets ​ 431 ​ – ​ – ​ – ​ 1,616 ​ – ​ 2,047 Other items (541) (127) 46 (279) (93) ​ (84) (1,078) TOTAL (1,036) (798) (173) (1,275) 1,300 ​ (84) (2,066) ​ Adjustments to net operating income ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, 2022 ​ Exploration & ​ Integrated ​ Integrated ​ Refining & ​ Marketing & ​ ​ ​ ​ (M$) Production LNG Power Chemicals Services ​ Corporate Total Inventory valuation effect — — — 337 194 ​ — 531 Effect of changes in fair value — 340 798 — — ​ — 1,138 Restructuring charges — — (41) — (14) ​ — (55) Asset impairment and provisions charges (a) (11,157) (4,460) (21) — (112) ​ (9) (15,759) Gains (losses) on disposals of assets ​ — ​ — ​ 1,450 ​ — ​ — ​ — ​ 1,450 Other items (1,214) (460) (116) (990) (62) ​ (353) (3,195) TOTAL (12,371) (4,580) 2,070 (653) 6 ​ (362) (15,890) ​ (a) Of which $(14,756) million relate to the impairment and provisions charges on the assets of the Company in Russia. (b) Other items represented $(3.2) billion in 2022, consisting of $(1.7) billion related to windfall taxes levied by governments (European Solidarity Contribution, French Electricity Generation Infra-Marginal Income Contribution, effect on deferred tax of Energy Profits Levy in the United Kingdom), $(1) billion as a consequence of the conflict in Ukraine (grant of fuel discounts to French customers in the context of price increase, foreign exchange losses due to volatility in Russian ruble-U.S. dollar and euro exchange rates), and $(0.5) billion mainly related to provisions for onerous contracts. Adjustments to net operating income ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, 2021 ​ Exploration & ​ Integrated ​ Integrated ​ Refining & ​ Marketing & ​ ​ ​ ​ (M$) Production LNG Power Chemicals Services ​ Corporate Total Inventory valuation effect — — — 1,296 236 ​ — 1,532 Effect of changes in fair value — 254 (448) — — ​ — (194) Restructuring charges (75) (8) (16) (118) (44) ​ (54) (315) Asset impairment and provisions charges (518) (291) (41) (42) (40) ​ — (932) Gains (losses) on disposals of assets (a) ​ (1,726) ​ — ​ — ​ — ​ — ​ — ​ (1,726) Other items (76) (8) (192) (31) (41) ​ (67) (415) TOTAL (2,395) (53) (697) 1,105 111 ​ (121) (2,050) ​ (a) Of which $(1,379) million relate to the impact of the TotalEnergies’ interest sale of Petrocedeño to PDVSA. ​ C) 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 expense”. 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 expense”. 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 2023, asset impairments were recorded for an amount of $(2,297) million in net operating income and $(2,166) million in net income, TotalEnergies share. These impairments were qualified as adjustment items of the net 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 in determining the recoverable amounts are as follows: Ø The future cash flows were determined using the assumptions included in the 2024 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. Ø 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 hydrocarbons 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 capacity and demand for petroleum products) and by integrating “climate” challenges. Ø These price scenarios, first prepared within the Strategy & Markets Division, are also reviewed with the Company segments which bring their own expertise. They also integrate studies issued by international agencies, banks and independent consultants. They are then approved by the Executive Committee and the Board of Directors. Ø The IEA 2023 World Energy Outlook anticipates three scenarios that are key references for the Company: the STEPS (Stated Policies Scenario) and APS (Announced Pledges Scenario) for the short/mid-term and the NZE (Net Zero Emissions by 2050) for the long-term. Ø The STEPS only includes climate actions already implemented to date around the world and those under development. The APS also takes into account climate ambitions declared to date in the world, including the NDCs (Nationally Determined Contributions) and carbon neutrality ambitions. According to the IEA, it is associated with a temperature increase of around 1.7°C. This scenario is compatible with the objective of the Paris Agreement to limit the temperature increase to “well below 2°C”. The IEA’s NZE is understood as the set of actions to be taken to be compatible with a 1.5°C scenario in 2050 (without overshooting). This normative scenario does not predict oil demand in the short and medium term, and therefore the price scenarios it proposes, particularly in the short and medium term, do not include a “realistic” evolution of demand. In fact, this scenario predicts that oil demand will peak in 2023 and fall by 20% between 2022 and 2030, whereas, according to the latest projections from the IEA, oil demand in 2024 will be higher than in 2023 and will continue to grow until 2028. According to the projections of other energy companies and consultants, demand would rather being to decline toward 2030 (the Oil peak at Wood MacKenzie in 2032, at HIS inflections in 2028). Ø Beyond the 2020-2030 decade, the oil price trajectory retained by the Company converges in the long term, to the price retained in 2050 by the IEA’s NZE scenario, i.e $25.5 2023 /b. The prices retained for gas, the transition fuel, stabilize until 2040 at lower levels than the current prices and converge towards the IEA’s NZE scenario prices in 2050. The oil price trajectories adopted by the Company are based on the following assumptions: Ø Oil demand has experienced sustained growth after the Covid crisis as the global economic recovery generated strong tensions on energy prices from mid-2021 onwards, which exacerbated in 2022 by the war in Ukraine. Despite the risks of recession in Europe in particular, global liquid demand in 2024 should be higher than in 2019 pre-crisis, notably due to the end of lockdown measures in China which allowed the restart of industrial activity. It should continue to grow until 2030, in a context of sustained growth in global energy demand. Indeed, population growth and rising living standards, particularly in emerging countries, should sustain oil consumption, despite the gradual electrification of transport and efficiency gains in combustion engines, mainly in developed countries. In this context, prices would remain supported in the short term by historic production cuts decided (and implemented) by OPEC+ members. In the US, production in 2023 is expected to be higher than in 2019, and capacities for further growth in shale oil in subsequent years seem to be a consensus. However, recent sector consolidation (Permian, DJ and Bakken) should strengthen discipline on the profitability of these investments and thus contain growth. The price trajectory used reflects the Company’s analysis that the weakness of investment oil upstream since 2015 oil crisis and accentuated by the health and economic crisis of 2020 (-30% according to the IEA), and the natural decline of fields currently in production, leads to a global supply-demand balance that will remain tight until 2030. Thus in the scenario used, the Brent price stabilizes at $70 2023 Ø Beyond 2030, given technological developments, particularly in the transport sector, oil demand should have reached its peak and the selected price scenario decreases linearly to reach $50 2023 /b in 2040 and then $25.5 2023 /b in 2050, in line with the NZE scenario. The average Brent prices over the period 2024-2050 thus stands at $53.8 2023 For natural gas, the transition fuel, the price trajectory adopted by the Company is based on the following assumptions: Ø Natural gas demand in 2021 has exceeded its pre-crisis level with very strong tensions on prices in Europe and, by extension, in Asia through LNG prices, as a result of the cuts in Russian pipe gas importation that began at the end of 2021 and continued in 2022 with the complete shutdown of the Nordstream. Global gas demand in 2022 was almost at the same level as in 2021. Global demand in 2023 is expectd to be at the same level as in 2022 with the recourse to American LNG to replace Russian gas in Europe, still in competition with Asia. Gas prices in Asia and Europe have returned to much lower levels than the exceptionally high prices reached in the third quarter of 2022 but remain higher than before the crisis. The price of gas in the United States did not experience such a sharp increase in 2022 and has since stabilized. The Company anticipates in 2024 higher prices than before the crisis on the Asia, Europe and slightly on the USA hubs. Thereafter, natural gas demand would be driven by the same fundamentals as oil (decrease in Europe but resistance in Asia-Pacific), plus its substitution for coal in power generation and by its role as a flexible and controllable source to mitigate the intermittent use and seasonality of renewable energies. The abundant global supply and the growth of liquefied natural gas would, however, limit the potential for higher gas prices. Beyond 2040, with the development of renewables including storage and hydrogen, gas demand is expected to stabilize. In this context, the gas price level used to determine the value in use of the CGUs concerned is as follows: On the NBP quotation (Europe): $14.7 2023 2023 2023 2023 On the Henry Hub quotation (United States): $3 2023 On the DES Japan (Asia) quotation: $15.7 2023 2023 2023 2023 From 2040 onwards, the price trajectory converges towards the price retained in 2050 by the NZE scenario, i.e. $4.2 2023 2023 2023 The future operational costs were determined by taking into account the existing technologies, the fluctuation of prices for petroleum services in line with market developments and the internal cost reduction programs effectively implemented. The determination of value in use also takes into account on all identified assets the impact of their CO2 emissions. Future scope 1 and 2 emissions of the assets concerned over the life of the assets are valued at $100/t or the applicable price in a given country, if it is higher. Beyond 2029, the CO 2 The future cash flows are estimated over a period consistent with the life of the assets of the CGUs. They are prepared post-tax and take into account specific risks related to the CGUs’ assets. They are discounted using an 8% post-tax discount rate, this rate being the weighted-average cost of TotalEnergies capital estimated from historical market data. This rate was 8% in 2022 and 7% in 2021. The value in use calculated by discounting the above post-tax cash flows using an 8% post-tax discount rate is not materially different from the value in use calculated by discounting pre-tax cash flows using a pre-tax discount rate determined by an iterative computation from the post-tax value in use. These pre-tax discount rates generally range from 7% to 14%. Impairment losses recognized by segment The CGUs of the Exploration & Production segment are defined as oil and gas fields or groups of oil and gas fields with industrial assets enabling the production, treatment and evacuation of the oil and gas. For the financial year 2023, the Company recorded impairments of assets over CGUs of the Exploration & Production segment for $(881) million in net income, TotalEnergies share. Impairments recognized in 2023 mainly relate to the Company’s assets in Kenya, Congo and for Al Shaheen in Qatar related to temporal tax effects. As for sensitivities of the Exploration & Production segment: Ø a decrease by 1 point in the discount rate would have a positive impact of $0.1 billion in net income, TotalEnergies share. Ø an increase by 1 point in the discount rate would have an additional negative impact of approximately $0.6 billion in net income, TotalEnergies share. Ø a decrease of 10% of the oil and gas prices over the duration of the plan (thus an average oil price of around $48 2023 /b) would have an additional negative impact of approximately $0.6 billion in net income, TotalEnergies share. Ø a decrease of 20% of the oil and gas prices over the duration of the plan (thus an average oil price of around $43 2023 /b) would have an additional negative impact of approximately $2.3 billion in net income, TotalEnergies share. Ø Taking into account a CO 2 cost of $200 /t, inflated by 2% /year from 2029 onwards for all assets would have an additional negative impact of approximately $0.2 on net income, TotalEnergies share. The CGUs of the Integrated LNG segment are subsidiaries or groups of subsidiaries organized by activity or geographical area, and by fields or groups of fields for upstream LNG activities. For the financial year 2023, the Company recorded impairments on CGUs in the Integrated LNG segment for $(124) million in net income, TotalEnergies share. As for sensitivities of the Integrated LNG: Ø a decrease by 1 point in the discount rate would have a positive impact of $0.1 billion in net income, TotalEnergies share. Ø an increase by 1 point in the discount rate would have an additional negative impact of approximately $1.1 billion in net income, TotalEnergies share. Ø a decrease of 10% of the oil and gas prices over the duration of the plan would have an additional negative impact of approximately $2.1 billion in net income, TotalEnergies share. Ø a decrease of 20% of the oil and gas prices over the duration of the plan would have an additional negative impact of approximately $5.6 billion in net income, TotalEnergies share. Ø Taking into account a CO 2 cost of $200 /t inflated by 2% /year from 2029 onwards for all assets would have an additional negative impact of approximately $0.8 billion in net income, TotalEnergies share. The CGUs of the Integrated Power segment are subsidiaries or groups of subsidiaries organized by activity or geographical area. For the financial year 2023, the Company recorded impairments on CGUs in the Integrated Power segment for $(773) million in net income, TotalEnergies share. Impairments recognized in 2023 mainly relate to the offshore wind project in Yunlin, Taiwan, and the goodwill and customer portfolios of gas and power marketing activities in Belgium, Spain and France. As for sensitivities of the Integrated Power: Ø a decrease by 1 point in the discount rate would have no impact in net income, TotalEnergies share. Ø an increase by 1 point in the discount rate would have an additional negative impact of approximately $0.2 billion in net income, TotalEnergies share. The CGUs of the Refining & Chemicals segment are defined as legal entities with operational activities for refining and petrochemicals activities. Future cash flows are based on the gross contribution margin (calculated on the basis of net sales after purchases of crude oil and refined products, the effect of inventory valuation and variable costs). The other activities of the segment are global divisions, each division gathering a set of businesses or homogeneous products for strategic, commercial and industrial plans. Future cash flows are determined from the specific margins of these activities, unrelated to the price of oil. For the financial year 2023, the Company has recorded impairments on CGUs in the Refining & Chemicals segment for an amount of $(273) million in net income TotalEnergies share, mainly relating to divestments projects of Naphtachimie to INEOS and the Natref refiner

Segment Information by geograph

Segment Information by geographical area	12 Months Ended
	Dec. 31, 2023
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, 2023 External sales 55,610 97,662 22,219 21,709 39,928 237,128 Property, plant and equipment, intangible assets, net 16,863 24,486 11,228 38,658 50,764 141,999 Capital expenditures 4,166 3,757 3,153 4,877 8,907 24,860 For the year ended December 31, 2022 ​ External sales 58,411 122,641 33,188 24,582 42,177 280,999 Property, plant and equipment, intangible assets, net 13,080 26,382 13,292 39,410 46,867 139,032 Capital expenditures 1,632 2,743 5,304 3,253 6,870 19,802 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 ​

Main items related to operating

Main items related to operating activities	12 Months Ended
	Dec. 31, 2023
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 are presented on a gross basis, including excise taxes collected by TotalEnergies within the course of its oil distribution operations. In addition, the subtotal “Revenue from sales” is presented as an additional line item in the P&L and is obtained by deducting Excise tax expenses from Sales. ​ 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$) ​ 2023 ​ 2022 ​ 2021 Purchases, net of inventory variation (a) (b) (143,041) (169,448) (118,622) Exploration costs (573) (1,299) (740) Other operating expenses (c) (30,419) (29,789) (26,894) of which non-current operating liabilities (allowances) reversals 821 1,086 1,299 of which current operating liabilities (allowances) reversals (92) (188) (30) OPERATING EXPENSES (174,033) (200,536) (146,256) (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 (refer to 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 2023 and booked in operating expenses (excluding depreciations) amount to $774 million ($762 million in 2022 and $824 million in 2021), corresponding to 0.33% of the sales. In 2023 3,687 people are dedicated to these research and development activities (3,536 in 2022 and 3,830 in 2021). 5.3 Amortization, depreciation and impairment of tangible assets and mineral interests The amortization, depreciation and impairment of tangible assets and mineral interests are detailed as follows: ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, (M$) ​ 2023 ​ 2022 ​ 2021 Depreciation and impairment of tangible assets (11,902) (11,128) (12,683) Amortization and impairment of mineral assets (860) (1,093) (873) TOTAL (12,762) (12,221) (13,556) ​ 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 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, 2023 ​ ​ Valuation ​ (M$) Gross value allowance Net value Crude oil and natural gas 3,334 (152) 3,182 Refined products 5,335 (141) 5,194 Chemicals products 1,668 (97) 1,571 Trading inventories 6,158 – 6,158 Other inventories 4,248 (1,036) 3,212 TOTAL 20,743 (1,426) 19,317 ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2022 ​ ​ Valuation ​ (M$) Gross value allowance Net value Crude oil and natural gas 4,758 (47) 4,711 Refined products 6,386 (162) 6,224 Chemicals products 1,635 (93) 1,542 Trading inventories 6,672 – 6,672 Other inventories 4,797 (1,010) 3,787 TOTAL 24,248 (1,312) 22,936 ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2021 ​ ​ Valuation ​ (M$) Gross value allowance Net value Crude oil and natural gas 3,221 (7) 3,214 Refined products 5,411 (50) 5,361 Chemicals products 1,519 (98) 1,421 Trading inventories 6,501 – 6,501 Other inventories 4,538 (1,083) 3,455 TOTAL 21,190 (1,238) 19,952 ​ Changes in the valuation allowance on inventories are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Currency ​ ​ ​ Valuation ​ ​ ​ translation ​ Valuation For the year ended December 31, ​ allowance as of ​ ​ ​ adjustment and ​ allowance as of (M$) January 1, ​ Increase (net) other variations December 31, 2023 (1,312) (92) ​ (22) (1,426) 2022 (1,238) (121) ​ 47 (1,312) 2021 (1,285) (36) ​ 83 (1,238) ​ 5.4.2 Accounts receivable and other current assets ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2023 Valuation (M$) ​ Gross value ​ allowance ​ Net value Accounts receivable 24,334 (892) 23,442 Recoverable taxes 4,085 (7) 4,078 Other operating receivables 15,218 (266) 14,952 Prepaid expenses 1,731 – 1,731 Other current assets 60 – 60 Other current assets 21,094 (273) 20,821 ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2022 Valuation (M$) ​ Gross value ​ allowance ​ Net value Accounts receivable 25,204 (826) 24,378 Recoverable taxes 6,295 (32) 6,263 Other operating receivables 28,582 (293) 28,289 Prepaid expenses 1,455 – 1,455 Other current assets 63 – 63 Other current assets 36,395 (325) 36,070 ​ ​ ​ ​ ​ ​ ​ ​ 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 ​ 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 2023 (826) (82) 16 (892) 2022 (793) (98) 65 (826) 2021 (831) (24) 62 (793) Other current assets ​ 2023 (325) (7) 59 (273) 2022 (268) (83) 26 (325) 2021 (275) (10) 17 (268) ​ As of December 31, 2023, the net portion of the overdue receivables included in “Accounts receivable” and “Other current assets” was $5,903 million, of which $3,211 million was due less than 90 days, $420 million was due between 90 days and 6 months, $993 million was due between 6 and 12 months and $1,278 million was due after 12 months. As of December 31, 2022, the net portion of the overdue receivables included in “Accounts receivable” and “Other current assets” was $5,481 million, of which $3,328 million was due less than 90 days, $672 million was due between 90 days and 6 months, $571 million was due between 6 and 12 months and $910 million was due after 12 months. 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. 5.4.3 Other creditors and accrued liabilities ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2023 2022 2021 Accruals and deferred income 1,129 737 3,744 Payable to States (including taxes and duties) 13,974 14,780 10,281 Payroll 1,687 1,572 1,481 Other operating liabilities 19,937 35,186 27,294 TOTAL 36,727 52,275 42,800 ​ As of December 31, 2023, the heading “Other operating liabilities” notably includes the second quarterly interim dividend for the fiscal year 2023 for $1,959 million, which was paid in January 2024 and the third quarterly interim dividend for the fiscal year 2023 for $1,923 million, which will be paid in April 2024. As of December 31, 2022, the heading “Other operating liabilities” notably included the second quarterly interim dividend for the fiscal year 2022 for $1,857 million, which was paid in January 2023 and the third quarterly interim dividend for the fiscal year 2022 for $1,827 million, which was paid in April 2023. As of December 31, 2021, the heading “Other operating liabilities” notably included 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 was paid in April 2022. Items related to the cash flow statement ​ 5.5 Cash flow from operating activities Accounting principles The cash flows incurred 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, 2023 2022 2021 Interests paid (2,883) (2,292) (1,886) Interests received 1,431 655 284 Income tax paid (a) (12,688) (14,486) (4,508) Dividends received 2,821 3,955 2,346 (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, 2023 2022 2021 Inventories 3,159 (3,805) (5,903) Accounts receivable 306 (3,272) (6,788) Other current assets 14,860 (3,523) (21,026) Accounts payable 572 5,313 12,073 Other creditors and accrued liabilities (12,806) 6,478 21,028 NET AMOUNT, DECREASE (INCREASE) 6,091 1,191 (616) ​ Detail of changes in provisions and deferred taxes ​ ​ ​ ​ ​ ​ ​ As of December 31, ​ 2023 ​ 2022 ​ 2021 Accruals 257 2,177 (467) Deferred taxes 556 2,417 1,429 TOTAL 813 4,594 962 ​

Other items from operating acti

Other items from operating activities	12 Months Ended
	Dec. 31, 2023
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, 2023 2022 2021 Gains on disposal of assets 3,157 2,244 890 Foreign exchange gains – 379 227 Other 520 226 195 OTHER INCOME 3,677 2,849 1,312 ​ ​ ​ ​ ​ ​ ​ Losses on disposal of assets (98) (2,613) (436) Foreign exchange losses (763) (1,023) (702) Amortization of other intangible assets (excl. mineral interests) (769) (430) (448) Other (766) (3,278) (731) OTHER EXPENSE (2,396) (7,344) (2,317) ​ Other income In 2023, gains on disposal of assets are mainly related to the disposal of the retail network in Germany in the Marketing & Services segment, to the sale of the 50% participation in the Surmont asset and the disposal of TotalEnergies EP Canada Ltd shares in the segment Exploration & Production. The “Other” heading notably includes a revaluation of $388 million from the previously held share of Total Eren. In 2022, gains on disposal of assets were mainly related to the partial disposal of TotalEnergies’ interest in its subsidiary which owns 50.5% of SunPower and the revaluation of its retained interest which is accounted for using the equity method for $1,461 million in the segment Integrated Power. In 2021, gains on disposal of assets included 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 Integrated LNG and Integrated Power segments, and the sale of a part of TotalEnergies’ investment in Trapil in the Refining & Chemicals and Marketing & Services segments. Other expense In 2023, the heading “Other” mainly consists in impairments related to the Yunlin offshore wind project in Taiwan in the segment Integrated Power and to the divestment project of Natref refinery in South Africa in the segment Refining & Chemicals. In 2022, losses on disposal were mainly related to the recycling in expenses of Exploration & Production, of an amount of $2,384 million representing the accumulated foreign exchange losses accumulated in equity since the acquisition of the Novatek stake and until its deconsolidation date. The heading “Other” notably includes provisions relating to assets in Russia in the Integrated LNG and Exploration & Production segments. In 2021, losses on disposal were 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 $238 million. 6.2 Other financial income and expense ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2023 2022 2021 Dividend income on non-consolidated subsidiaries ​ 143 ​ 159 ​ 203 Capitalized financial expenses 667 310 134 Other 475 427 425 OTHER FINANCIAL INCOME 1,285 896 762 Accretion of asset retirement obligations (524) (430) (449) Other (207) (103) (90) OTHER FINANCIAL EXPENSE (731) (533) (539) ​ 6.3 Other non-current assets ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2023 ​ ​ Valuation ​ (M$) Gross value allowance Net value Loans and advances (a) 2,516 (294) 2,222 Other non-current financial assets related to operational activities ​ 1,761 ​ – ​ 1,761 Other 330 – 330 TOTAL 4,607 (294) 4,313 ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2022 ​ ​ Valuation ​ (M$) Gross value allowance Net value Loans and advances (a) 2,092 (255) 1,837 Other non-current financial assets related to operational activities ​ 250 ​ — ​ 250 Other 301 — 301 TOTAL 2,643 (255) 2,388 ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2021 ​ ​ Valuation ​ (M$) 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 (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, 2023 (255) (11) 2 ​ (30) (294) 2022 (257) (27) 11 ​ 18 (255) 2021 (273) (6) 14 ​ 8 (257) ​

Intangible and tangible assets

Intangible and tangible assets	12 Months Ended
	Dec. 31, 2023
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, 2023 ​ Amortization and (M$) Cost impairment Net Goodwill 10,484 (533) 9,951 Proved mineral interests 17,713 (9,704) 8,009 Unproved mineral interests 14,976 (2,624) 12,352 Other intangible assets 7,354 (4,583) 2,771 TOTAL INTANGIBLE ASSETS 50,527 (17,444) 33,083 ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2022 Amortization and (M$) Cost impairment Net Goodwill 9,010 (360) 8,650 Proved mineral interests 18,025 (10,088) 7,937 Unproved mineral interests 15,962 (2,946) 13,016 Other intangible assets 6,795 (4,467) 2,328 TOTAL INTANGIBLE ASSETS 49,792 (17,861) 31,931 ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2021 Amortization and (M$) Cost impairment Net Goodwill 9,728 (899) 8,829 Proved mineral interests 17,382 (9,730) 7,652 Unproved mineral interests 16,637 (2,831) 13,806 Other intangible assets 7,185 (4,988) 2,197 TOTAL INTANGIBLE ASSETS 50,932 (18,448) 32,484 ​ Change in net intangible assets is analyzed in the following table: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Currency ​ ​ ​ ​ ​ ​ Net amount as of ​ ​ ​ ​ ​ Amortization and ​ translation ​ ​ ​ Net amount as of (M$) January 1, Expenditures Disposals impairment adjustment Other December 31, 2023 31,931 1,244 (458) (1,630) 148 1,848 33,083 2022 32,484 1,991 (75) (1,582) (423) (464) 31,931 2021 33,528 696 (271) (1,322) (394) 247 32,484 ​ In 2023, the heading “Amortization and impairment” includes the accounting impact of exceptional asset impairments for an amount of $472 million (see Note 3.C “Asset impairment”), related in particular to goodwill and customer portfolios of gas and power marketing activities in Belgium, Spain and France. In 2023, the heading “Other” mainly reflects changes in the consolidation scope, in particular the acquisition of Total Eren for $2,238 million. In 2022, the heading “Amortization and impairment” included the accounting impact of exceptional asset impairments for an amount of $301 million, resulting in particular from the withdrawal from the North Platte project in the deep waters of the Gulf of Mexico (see Note 3.C “Asset impairment”). In 2022, the heading “Other” mainly reflected changes in the consolidation scope (in particular the removal of SunPower from the scope of consolidation for $167 million). In 2021, the heading “Amortization and impairment” included 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.C “Asset impairment”). In 2021, the heading “Other” mainly reflected changes in the consolidation scope (including the acquisition of Blue Raven Solar for $140 million and Fonroche Biogaz) for $89 million. A summary of changes in the carrying amount of goodwill by business segment for the year ended December 31, 2023 is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net goodwill as of ​ ​ ​ ​ ​ ​ ​ Net goodwill as of (M$) January 1, 2023 Increases Impairments Other December 31, 2023 Exploration & Production 2,581 – - (90) 2,491 Integrated LNG ​ 2,804 44 – 9 2,857 Integrated Power ​ 2,219 ​ 1,452 ​ (101) ​ 96 ​ 3,666 Refining & Chemicals 502 19 (18) 35 538 Marketing & Services 516 – (65) (55) 396 Corporate 28 – – (25) 3 TOTAL 8,650 1,515 (184) (30) 9,951 ​ 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. As of December 31, 2023, 2022 and 2021, this alternative method is not 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, 2023 ​ Depreciation and ​ (M$) Cost impairment Net Property, plant and equipment of exploration and production activities ​ ​ ​ Proved properties 201,961 (144,082) 57,879 Unproved properties 1,455 (268) 1,187 Work in progress 23,729 (443) 23,286 Subtotal 227,145 (144,793) 82,352 Other property, plant and equipment ​ ​ ​ Land 2,837 (1,008) 1,829 Machinery, plant and equipment (including transportation equipment) 38,769 (27,222) 11,547 Buildings 9,529 (6,105) 3,424 Work in progress 5,262 (23) 5,239 Other 12,344 (7,819) 4,525 Subtotal 68,741 (42,177) 26,564 TOTAL PROPERTY, PLANT AND EQUIPMENT 295,886 (186,970) 108,916 ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2022 ​ ​ ​ Depreciation and ​ ​ (M$) Cost impairment Net Property, plant and equipment of exploration and production activities ​ ​ ​ Proved properties 210,079 (146,571) 63,508 Unproved properties 1,023 (268) 755 Work in progress 20,294 (688) 19,606 Subtotal 231,396 (147,527) 83,869 Other property, plant and equipment ​ ​ ​ Land 3,089 (1,039) 2,050 Machinery, plant and equipment (including transportation equipment) 37,002 (26,079) 10,923 Buildings 10,230 (6,627) 3,603 Work in progress 3,960 (23) 3,937 Other 10,401 (7,682) 2,719 Subtotal 64,682 (41,450) 23,232 TOTAL PROPERTY, PLANT AND EQUIPMENT 296,078 (188,977) 107,101 ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2021 ​ ​ ​ Depreciation and ​ ​ (M$) Cost impairment Net Property, plant and equipment of exploration and production activities ​ ​ ​ Proved properties 212,264 (149,221) 63,043 Unproved properties 1,635 (268) 1,367 Work in progress 18,463 (831) 17,632 Subtotal 232,362 (150,320) 82,042 Other property, plant and equipment ​ ​ ​ Land 3,145 (973) 2,172 Machinery, plant and equipment (including transportation equipment) 38,285 (26,425) 11,860 Buildings 10,558 (6,646) 3,912 Work in progress 3,625 (8) 3,617 Other 10,434 (7,478) 2,956 Subtotal 66,047 (41,530) 24,517 TOTAL PROPERTY, PLANT AND EQUIPMENT 298,409 (191,850) 106,559 ​ Change in net property, plant and equipment is analyzed in the following table: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Currency ​ ​ ​ ​ ​ ​ Net amount as of ​ ​ ​ ​ ​ Depreciation and ​ translation ​ ​ ​ Net amount as of (M$) January 1, Expenditures Disposals impairment adjustment Other December 31, 2023 ​ 107,101 ​ 16,478 ​ (3,781) ​ (12,448) ​ 415 ​ 1,151 ​ 108,916 2022 ​ 106,559 ​ 13,699 ​ (951) ​ (12,275) ​ (2,236) ​ 2,305 ​ 107,101 2021 108,335 ​ 11,647 ​ (705) ​ (13,133) ​ (1,739) ​ 2,154 ​ 106,559 ​ In 2023, the heading “Disposals” mainly includes the impact of the sale of assets in Canada to ConocoPhillips of $3,220 million. In 2023, the heading “Depreciation and impairment” includes the impact of impairments of assets recognized for an amount of $653 million (see Note 3.C “Asset impairment”) including notably upstream assets in Kenya and Congo and impairments related to the project of selling Naphtachimie to INEOS. In 2023, the heading “Other” includes in particular the impact of changes in the consolidation scope for $298 million (mainly the acquisition of Total Eren for $2,193 million, the sale of TotalEnergies EP Canada Ltd. to Suncor for $(1,134) million and the exit of network activities in Germany for $(826) million), the impact of new IFRS 16 contracts during the year (mainly FPSO and ships) for $2,526 million and the impact of the revaluation of provisions for sites restitution on tangible assets for $(1,262) million. In 2022, the heading “Disposals” mainly included the impact of the transfer of assets from TotalEnergies East Africa Midstream to the equity - accounted company EACOP for $508 million. In 2022, the heading “Depreciation and impairment” included the impact of impairments of assets recognized for an amount of $888 million, including the withdrawal from the North Platte project in the deep waters of the Gulf of Mexico, and an impairment reversal of $1,196 million on the Company’s assets in Canada (see Note 3.C “Asset impairment”). In 2022, the heading “Other” included the impact of changes in the consolidation scope, and the impact of new IFRS 16 contracts during the year (mainly FPSOs and vessels) for an amount of $1,969 million. In 2021, the heading “Disposals” mainly included the sale of non-operated assets in Gabon for $397 million. In 2021, the heading “Depreciation and impairment” included 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.C “Asset impairment”). In 2021, the heading “Other” included 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 $1,786 million. Following the application of IFRS 16 “Leases”, property, plant and equipment as at December 31, 2023, 2022 and 2021 presented above include the following amounts for rights of use of assets: ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2023 ​ ​ ​ Depreciation and ​ ​ (M$) Cost impairment Net Property, plant and equipment of exploration and production activities 4,770 (1,927) ​ 2,843 Other property, plant and equipment ​ ​ ​ ​ Land 1,383 (415) 968 Machinery, plant and equipment (including transportation equipment) 4,751 (2,235) 2,516 Buildings 1,332 (614) 718 Other 908 (529) 379 Subtotal 8,374 (3,793) 4,581 TOTAL PROPERTY, PLANT AND EQUIPMENT 13,144 (5,720) 7,424 ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2022 ​ ​ ​ Depreciation and ​ ​ (M$) Cost impairment Net Property, plant and equipment of exploration and production activities 4,497 (2,121) 2,376 Other property, plant and equipment ​ ​ ​ ​ Land 1,396 (397) 999 Machinery, plant and equipment (including transportation equipment) 4,691 (2,100) 2,591 Buildings 1,750 (615) 1,135 Other 745 (483) 262 Subtotal 8,582 (3,595) 4,987 TOTAL PROPERTY, PLANT AND EQUIPMENT 13,079 (5,716) 7,363 ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2021 ​ ​ ​ Depreciation and ​ ​ (M$) 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 ​

Equity affiliates, other invest

Equity affiliates, other investments and related parties	12 Months Ended
	Dec. 31, 2023
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$) 2023 2022 2021 Total Associates 9,484 9,533 17,244 Total Joint ventures 16,411 14,623 9,277 TOTAL 25,895 24,156 26,521 Loans 4,562 3,733 4,532 TOTAL 30,457 27,889 31,053 ​ ​ ​ ​ ​ ​ ​ ​ Profit/(loss) ​ ​ ​ (M$) 2023 2022 2021 Total Associates 1,132 (4,567) 1,186 Total Joint ventures 713 2,675 2,252 TOTAL 1,845 (1,892) 3,438 ​ ​ ​ ​ ​ ​ ​ ​ Other comprehensive income ​ ​ ​ (M$) 2023 2022 2021 Total Associates (57) 3,368 734 Total Joint ventures (151) 129 (28) TOTAL (208) 3,497 706 ​ A) Information related to associates Information (100% basis) related to significant associates is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Liquefaction entities ​ Novatek (a) ​ Exploration & Production activites 2023 ​ 2022 2021 2022 ​ 2021 Non current assets 42,197 ​ 40,850 39,348 – 26,954 Current assets 5,745 ​ 8,276 11,075 – 8,208 TOTAL ASSETS 47,942 ​ 49,126 50,423 – 35,162 Shareholder’s equity 35,144 ​ 19,188 23,867 – 25,944 Non current liabilities 7,700 ​ 22,312 19,659 – 3,246 Current liabilities 5,098 ​ 7,626 6,897 – 5,972 TOTAL LIABILITIES 47,942 ​ 49,126 50,423 – 35,162 Revenues from sales 26,288 ​ 35,888 23,243 – 15,876 Net income 6,880 ​ 10,247 8,056 – 5,871 Other comprehensive income – ​ – – – (82) % owned – ​ – ​ – ​ 19.40 % 19.40 % Equity value 3,963 ​ 3,243 5,582 – 6,243 Including goodwill and identifiable assets ​ 32 ​ 34 ​ 1,832 ​ – ​ 1,210 ​ Profit/(loss) 822 ​ (340) 1,024 (5,747) 1,065 Share of other comprehensive income, net amount (19) ​ (71) 85 3,118 446 Dividends paid to TotalEnergies 1,052 ​ 1,224 817 883 387 (a) Information includes the best Company’s estimates of results at the date of TotalEnergies’ financial statements. As of 31 December 2023, and as of 31 December 2022, Novatek is no longer consolidated as an equity accounted affiliate in the Company’s consolidated financial statements. This stake is recognized in “other investments” and is measured in accordance with IFRS 9 at fair value through profit or loss. In the context of the Russian-Ukrainian conflict, the Company considers that the market value of Novatek is not representative of its fair value. As of December 31, 2023, and as of December 31, 2022, the Company retained a zero fair value given the very significant uncertainties on any valuation assumption for the stake in Novatek. TotalEnergies’ interests in associates operating liquefaction plants are combined. In 2023, the amounts include investments in Nigeria LNG (15.00%), Angola LNG Limited (13.60%), Yemen LNG Co. (39.62%), Qatar Liquefied Gas Company Limited (Qatargas) (10.00%), Qatar Liquefied Gas Company Limited II (16.70%), Oman LNG LLC (5.54%), Abu Dhabi Gas Liquefaction Company Limited (5.00%), as well as the year’s acquisitions, mainly Qatar Liquified Gas Company Limited 5 (North Field East project) (25%) and Qatar Liquified Gas Company Limited 10 (North Field South project) (25%). ​ ​ ​ ​ ​ ​ ​ ​ ​ Renewables and Electricity activities ​ Adani Green Energy Limited ​ (M$) 2023 2022 2021 ​ Non current assets ​ 7,887 ​ 6,961 ​ 6,223 ​ Current assets ​ 1,091 ​ 769 ​ 1,042 ​ TOTAL ASSETS ​ 8,978 ​ 7,730 ​ 7,265 ​ Shareholder’s equity ​ 965 ​ 807 ​ 316 ​ Non current liabilities ​ 5,712 ​ 5,805 ​ 5,560 ​ Current liabilities ​ 2,301 ​ 1,118 ​ 1,389 ​ TOTAL LIABILITIES ​ 8,978 ​ 7,730 ​ 7,265 ​ Revenues from sales ​ 1,061 ​ 1,073 ​ 545 ​ Net income ​ 162 ​ 104 ​ 35 ​ Other comprehensive income ​ 5 ​ (112) ​ (10) ​ % owned ​ 19.74 % 19.74 % 20.00 % Equity value ​ 1,877 ​ 1,856 ​ 2,102 ​ including goodwill and identifiable assets ​ 1,687 ​ 1,697 ​ 2,039 ​ Profit/(loss) ​ 32 ​ 21 ​ 7 ​ Share of other comprehensive income, net amount ​ 3 ​ 23 ​ 6 ​ Dividends paid to TotalEnergies ​ – ​ – ​ – ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Saudi Aramco Total ​ ​ ​ ​ ​ ​ Refining & Chemicals activities ​ Refining & Petrochemicals ​ Qatar (M$) 2023 2022 2021 2023 2022 2021 Non current assets ​ 9,780 10,003 10,264 2,882 3,905 3,909 Current assets 2,584 3,615 2,221 2,000 2,491 1,908 TOTAL ASSETS 12,364 13,618 12,485 4,882 6,396 5,817 Shareholder’s equity 3,527 3,858 1,164 2,748 2,737 2,693 Non current liabilities 5,850 6,365 7,322 835 2,062 1,906 Current liabilities 2,987 3,395 3,999 1,299 1,597 1,218 TOTAL LIABILITIES 12,364 13,618 12,485 4,882 6,396 5,817 Revenues from sales 12,994 20,492 11,123 9,506 13,193 9,266 Net income 584 2,409 (245) 203 629 649 Other comprehensive income (59) 284 155 (7) (5) (5) % owned 37.50 % 37.50 % 37.50 % ​ ​ ​ ​ ​ Equity value 1,323 1,447 437 665 703 693 including goodwill and identifiable assets ​ – ​ – ​ – ​ – ​ – ​ – Profit/(loss) 219 903 (92) 78 161 174 Share of other comprehensive income, net amount (46) 147 116 (7) 10 13 Dividends paid to TotalEnergies 321 – – 145 138 199 ​ Saudi Aramco Total Refining & Petrochemicals is an entity including a refinery in Jubail, Saudi Arabia, with a capacity of 460,000 barrels/day with integrated petrochemical units. The TotalEnergies’ interests in associates of the Refining & Chemicals segment, operating steam crackers and polyethylene lines in Qatar have been combined: Qatar Petrochemical Company Ltd. (20.00%), Qatofin (49.08%), Laffan Refinery (10.00%). B) Information related to joint ventures The information (100% gross) related to significant joint ventures is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Liquefaction entities ​ GIP III Zephyr ​ Hanwha TotalEnergies ​ ​ ​ (Integrated LNG) ​ (Integrated ​ Petrochemical Co.Ltd ​ ​ ​ ​ ​ ​ ​ ​ ​ Power) ​ (Refining & Chemicals) ​ (M$) 2023 2022 2021 2023 ​ 2022 ​ 2023 2022 2021 ​ Non current assets ​ 62,461 65,293 66,924 13,111 ​ 12,406 ​ 3,959 ​ 4,113 ​ 4,443 ​ Current assets excluding cash and cash equivalents 2,832 2,630 2,912 ​ 375 ​ 370 ​ 2,089 2,326 2,117 ​ Cash and cash equivalents 4,690 4,375 2,312 1,313 ​ 1,116 ​ 113 82 151 ​ TOTAL ASSETS 69,983 72,298 72,148 14,799 ​ 13,892 ​ 6,161 6,521 6,711 ​ Shareholder’s equity - Group share 20,438 17,455 9,956 604 ​ 296 ​ 2,963 3,146 3,538 ​ Shareholder's equity - Non controlling interests ​ – ​ – ​ – ​ 1,912 ​ 2,548 ​ – ​ – ​ – ​ Other non current liabilities 10,399 10,785 8,205 1,460 ​ 1,285 ​ 174 180 164 ​ Non current financial debts 36,144 41,452 50,920 9,598 ​ 8,808 ​ 858 1,220 1,241 ​ Other current liabilities 3,002 2,606 3,067 414 ​ 496 ​ 1,137 1,117 1,055 ​ Current financial debts – – – 811 ​ 459 ​ 1,029 858 713 ​ TOTAL LIABILITIES 69,983 72,298 72,148 14,799 ​ 13,892 ​ 6,161 6,521 6,711 ​ Revenues from sales 17,605 24,701 14,380 1,452 ​ 351 ​ 8,754 10,824 8,600 ​ Depreciation and depletion of tangible assets and mineral interests (2,700) (2,814) (3,058) (460) ​ (129) ​ (281) (289) (312) ​ Interest income 32 17 – 40 ​ 5 ​ – – – ​ Interest expense (3,146) (2,453) (2,599) (315) ​ (95) ​ (67) (47) (44) ​ Income taxes (1,798) (2,804) (1,448) – ​ – ​ 10 (65) (222) ​ Net income 5,122 12,791 5,600 83 ​ (36) ​ (28) 123 620 ​ Non controlling interests ​ – ​ – ​ – ​ (126) ​ 219 ​ – ​ – ​ – ​ Other comprehensive income (52) 526 323 (2) ​ – ​ (105) (189) (308) ​ % owned ​ ​ ​ ​ ​ ​ 50.00 % 50.00 % 50.00 % 50.00 % 50.00 % Equity value 4,941 4,315 2,725 2,283 ​ 2,356 ​ 1,482 1,573 1,769 ​ including goodwill and identifiable assets 430 465 502 1,981 (a) 2,208 ​ – – – ​ Profit/(loss) 1,058 2,616 1,119 29 ​ (18) ​ (14) 62 310 ​ Share of other comprehensive income, net amount (14) 137 84 (1) ​ – ​ (69) (59) (150) ​ Dividends paid to TotalEnergies 418 1,166 81 100 ​ 46 ​ 25 162 109 ​ ​ (a) Goodwill represents the valuation of this entity’s ability to generate future projects in the field of renewable energy and amounts to M $1,755 as of December 31, 2023. TotalEnergies’ interests in joint ventures operating liquefaction plants have been combined. The amounts include investments in Yamal LNG in Russia (20.02% direct holding) and Ichthys LNG in Australia (26.00%). GIP III Zephyr Holdings, LLC holds the shares of Clearway Energy Group (CEG), a developer of renewables projects, owning 42% of economic interest of its listed subsidiary, Clearway Energy LLC. (CWEN). Hanwha TotalEnergies Petrochemical Co. Ltd is a South Korean company that operates a petrochemical complex in Daesan (condensate separator, steam cracker, styrene, paraxylene, polyolefins). Off-balance sheet commitments relating to joint ventures are disclosed in Note 13 of the Consolidated Financial Statements. C) Other equity affiliates In TotalEnergies share, the main aggregated financial items in equity affiliates including assets held for sale, which have not been presented individually are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2023 ​ 2022 ​ 2021 As of December 31, ​ ​ ​ Joint ​ ​ ​ Joint ​ ​ ​ Joint (M$) Associates ventures Associates ventures Associates ventures Non Current assets ​ 4,977 ​ 13,224 ​ 6,014 ​ 11,281 ​ 5,987 ​ 9,745 Current assets 1,231 2,988 1,591 2,742 1,849 1,799 TOTAL ASSETS 6,208 16,212 7,605 14,023 7,836 11,544 Shareholder's equity - TotalEnergies share 921 4,625 1,423 3,894 1,366 2,531 Shareholder's equity - Non controlling interests ​ – ​ 75 ​ – ​ 140 ​ – ​ – Non current liabilities 4,553 8,798 5,296 7,375 5,455 7,460 Current liabilities 734 2,714 886 2,614 1,015 1,553 TOTAL LIABILITIES 6,208 16,212 7,605 14,023 7,836 11,544 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2023 ​ 2022 ​ 2021 For the year ended December 31, ​ ​ ​ Joint ​ ​ ​ Joint ​ ​ ​ Joint (M$) Associates ventures Associates ventures Associates ventures Revenues from sales ​ 2,026 ​ 7,451 2,338 ​ 7,026 2,450 ​ 4,850 Net income 7 (279) 488 454 514 381 Non controlling interests ​ – ​ (64) ​ – ​ – ​ – ​ – Share of other comprehensive income items 11 (67) 140 52 68 38 Equity value 1,656 7,705 2,285 6,379 2,188 4,782 Profit/(Loss) ​ (19) ​ (359) ​ 436 ​ 15 ​ (992) ​ 823 Dividends paid to TotalEnergies 323 120 469 63 498 96 ​ 8.2 OTHER INVESTMENTS Accounting principles Other investments are equity instruments and are measured according to IFRS 9 at fair value through profit and loss (default option). On initial recognition, the standard allows to make an election to record the changes of fair value in other comprehensive income. For these equity instruments, only dividends can be recognized in profit or loss. TotalEnergies recognizes changes in fair value in equity or in profit or loss according to the option chosen on an instrument by instrument basis. For quoted shares on active markets, this fair value is based on the market price. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of ​ ​ As of As of December 31, 2023 ​ January 1, ​ Increase - ​ Change in ​ December 31, (M$) ​ 2023 ​ Decrease ​ fair value ​ 2023 Next Decade Corporation ​ – ​ 219 ​ (5) ​ 214 Other shares at fair value through other comprehensive income (unit value < $50M) 119 28 (6) 141 Equity instruments recorded at fair value other comprehensive income 119 247 (11) 355 BTC Limited 5 – – 5 Hubei Cathay Smart Energy Fund ​ 54 ​ (54) ​ – ​ – Nordian CPO (a) ​ – ​ 70 ​ – ​ 70 Other shares at fair value through profit and loss (unit value < $50M) 873 264 (24) 1,113 Equity instruments recorded at fair value profit and loss 932 280 (24) 1,188 TOTAL EQUITY INSTRUMENTS 1,051 527 (35) 1,543 ​ (a) Nordian CPO will be consolidate in 2024 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of ​ ​ ​ ​ ​ As of As of December 31, 2022 January 1, Increase - Change in December 31, (M$) ​ 2022 Decrease fair value ​ 2022 Enphase Energy Inc. 457 ​ (579) ​ 122 ​ – Other shares at fair value through other comprehensive income (unit value < $50M) 116 13 (10) 119 Equity instruments recorded at fair value other comprehensive income 573 (566) 112 119 BTC Limited ​ 14 – (9) 5 Hubei Cathay Smart Energy Fund ​ 36 ​ 7 ​ 11 ​ 54 Other shares at fair value through profit and loss (unit value < $50M) ​ 1,002 (54) (75) 873 Equity instruments recorded at fair value profit and loss 1,052 (47) (73) 932 TOTAL EQUITY INSTRUMENTS 1,625 (613) 39 1,051 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of ​ ​ ​ ​ ​ As of As of December 31, 2021 ​ January 1, Increase - Change in December 31, (M$) 2021 Decrease fair value ​ 2021 Enphase Energy Inc. 613 ​ (177) ​ 21 ​ 457 Tellurian Investments Inc. 57 ​ (111) ​ 54 ​ – Other shares at fair value through other comprehensive income (unit value < $50M) 113 12 (9) 116 Equity instruments recorded at fair value other comprehensive income 783 (276) 66 573 BBPP 58 (58) – – BTC Limited 27 — (13) 14 Hubei Cathay Smart Energy Fund ​ 36 ​ 1 ​ (1) ​ 36 Other shares at fair value through profit and loss (unit value < $50M) ​ 1,103 (107) 6 1,002 Equity instruments recorded at fair value profit and loss 1,224 (164) (8) 1,052 TOTAL EQUITY INSTRUMENTS 2,007 (440) 58 1,625 ​ 8.3 Related parties The main transactions as well as receivable and payable balances with related parties (principally non-consolidated subsidiaries and equity affiliates) are detailed as follows: ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, ​ ​ ​ (M$) ​ 2023 ​ 2022 ​ 2021 Balance sheet ​ ​ ​ Receivables ​ ​ ​ Debtors and other debtors 1,144 1,231 809 Loans (excl. loans to equity accounted for affiliates) 232 184 113 Payables ​ ​ ​ Creditors and other creditors 1,068 1,610 1,347 Debts 1 5 2 ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, ​ ​ ​ ​ ​ ​ (M$) 2023 2022 2021 Statement of income ​ ​ ​ Sales 7,222 6,806 4,250 Purchases (15,574) (25,656) (13,473) Financial income 3 3 – Financial expense (5) (9) (8) ​ 8.4 Compensation for the administration and management bodies The aggregated amount of direct and indirect compensation accounted by the French and foreign affiliates of the Company, for all executive officers of TotalEnergies as of December 31 and for the members of the Board of Directors who are employees of TotalEnergies, is detailed below. As of December 31, 2023, December 31, 2022, and December 31, 2021, TotalEnergies Executive Officers are the members of the Executive Committee, i.e. eight people and there are three employees members of the Board of Directors. ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, ​ ​ ​ (M$) 2023 2022 2021 Number of people 11 11 11 Direct or indirect compensation 13.9 12.4 11.9 Pension expenses (a) 3.5 1.9 1.4 Share-based payments expense (IFRS 2) (b) 8.7 7.7 4.9 ​ (a) The benefits provided for Executive Officers of the Company and the members of the Board of Directors, who are employees of the Company, include severance to be paid upon retirement, supplementary pension schemes and insurance plans, which represent a commitment of $82.9 million as of December 31, 2023 (against $64.3 million as of December 31, 2022 and $90.7 million as of December 31, 2021). Converted into Euros, this commitment amounts to €75 million as of December 31, 2023 (against €60.3 million as of December 31, 2022 and €80.1 million as of December 31, 2021). The increase is related to the decrease in discount rates. (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. The compensation allocated to members of the Board of Directors as directors’ fees totaled $2 million in 2023 ($1.84 million in 2022 and $2.06 million in 2021).

Shareholders' equity and share-

Shareholders' equity and share-based payments	12 Months Ended
	Dec. 31, 2023
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, 2023, the share capital of TotalEnergies SE amounts to €6,030,629,587.50, divided into 2,412,251,835 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 3,436,374,353 shares as of December 31, 2023, compared to 3,664,966,081 It was decided, at the Shareholders’ Meeting of May 26, 2023, in accordance with Article L. 22-10-46 of the French Commercial Code, to abolish the double voting rights. As of December 31, 2023, no double voting rights are attached to the Company’s shares. 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. 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 and renewed by the twenty - third resolution of the Extraordinary Shareholders’ Meeting on May 25, 2022 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 (became L. 22-10-62) and L. 225-213 of the French Commercial Code, has proceeded with the following cancellation of TotalEnergies shares: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Percentage ​ ​ ​ ​ Number of shares bought back and cancelled of the share ​ ​ ​ Board of Directors’ ​ for the purpose of the shareholder policy capital ​ Fiscal year decision date ​ cancelled (a) 2023 ​ September 21, 2023 (b) 86,012,344 shares bought back between January 2 and August 24, 2023 3.44 % 2023 ​ February 7, 2023 128,869,261 shares bought back between February 11 and December 15, 2022 4.92 % 2022 ​ February 9, 2022 30,665,526 shares bought back between November 8 and December 22, 2021 1.16 % 2021 ​ February 8, 2021 ​ 23,284,409 shares bought back between October 31, 2019 and March 9, 2020 ​ 0.88 % (a) Percentage of the share capital that the cancelled shares represented on the operations’ date. (b) With effect as at 2023, September 25. Under the terms of the twenty-third resolution of the General Meeting of Shareholders of May 25, 2022, the Board of Directors is authorized to cancel the shares of the Company within the limit of 10% of the capital of the Company existing on the date of the operation per period of 24 months. Variation of the number of shares composing the share capital ​ ​ ​ ​ ​ ​ AS OF DECEMBER 31, 2020 (a) ​ 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 (b) 2,640,429,329 ​ Capital reduction by cancellation of treasury shares (30,665,526) ​ ​ Deferred contribution pursuant to the 2017 capital increase reserved for employees ​ 9,471 ​ ​ 2022 Capital increase reserved for employees ​ 9,358,011 AS OF DECEMBER 31, 2022 (c) 2,619,131,285 ​ Capital reduction by cancellation of treasury shares (214,881,605) ​ ​ 2023 Capital increase reserved for employees ​ 8,002,155 AS OF DECEMBER 31, 2023 (d) 2,412,251,835 (a) Including 24,392,703 treasury shares deducted from consolidated shareholders’ equity. (b) Including 33,841,104 treasury shares deducted from consolidated shareholders’ equity. (c) Including 137,187,667 treasury shares deducted from consolidated shareholders’ equity. (d) Including 60,543,213 treasury shares deducted from consolidated shareholders’ equity. Capital increase reserved for employees The Extraordinary Shareholders’ Meeting (“ESM”) of May 26, 2023, in its sixteenth resolution, granted the authority to the Board of Directors to carry out, a capital increase, in one or more occasions within a maximum period of twenty-six months, reserved to members (employees and retirees) of a company or group savings plan (“ESOP”). In fiscal year 2023, the Board of Directors of September 21, 2023, by virtue of the sixteenth 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 24, 2024. During the fiscal years 2023, 2022 and 2021, the Corporation completed the following ESOP, which terms are set out below: ​ ​ ​ ​ ​ ​ ​ ​ Fiscal year 2023 2022 2021 Date of the ESOP ​ June 7, 2023 ​ June 8, 2022 ​ June 9, 2021 By virtue of ​ 22 nd ​ 17 th ​ 20 th Subscriptions ​ ​ ​ ​ ​ ​ Number of shares subscribed ​ 7,760,062 ​ 9,130,380 ​ 10,376,190 Subscription price ​ 45.60 euros ​ 37.00 euros ​ 30.50 euros Free shares ​ ​ ​ ​ ​ ​ Number of shares granted ​ 242,093 ​ 227,631 ​ 213,523 ​ ​ 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, 2023 2022 2021 Number of treasury shares held by TotalEnergies SE 60,543,213 137,187,667 33,841,104 Percentage of share capital 2.51 % 5.24 % 1.28 % of which shares acquired with the intention to cancel them ​ 56,557,576 ​ 128,869,261 ​ 30,665,526 ​ of which shares allocated to TotalEnergies share performance plans 3,887,587 ​ 8,231,365 3,103,018 of which shares intended to be allocated to new share performance or purchase options plans 98,050 87,041 72,560 ​ 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, 2023, paid-in surplus relating to TotalEnergies SE amounted to €24,385 million (€35,099 million as of December 31, 2022 and €36,030 million as of December 31, 2021). 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 $234 million as of December 31, 2023 ($227 million as of December 31, 2022 and $362 million as of December 31, 2021) 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. This calculation also takes into account the dilutive effect of 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, as of December 31, respectively used in the calculation of earnings per share and fully-diluted earnings per share is detailed as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ 2023 2022 2021 Number of shares as of January 1, 2,619,131,285 ​ 2,640,429,329 ​ 2,653,124,025 TotalEnergies shares held by TotalEnergies SE or by its subsidiaries and deducted from shareholders’ equity ​ (137,187,667) ​ (33,841,104) ​ (24,392,703) Evolution of the number of shares during the financial year pro-rated ​ ​ ​ Final grant of TotalEnergies performance shares 5,378,956 5,152,336 3,810,430 Capital increase reserved for employees (a) 4,671,946 5,465,154 6,177,333 Capital increase as payment of the scrip dividend ​ – ​ – ​ – Buyback of TotalEnergies treasury shares including: (74,633,216) (62,498,318) (7,296,460) 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 ​ (72,985,133) ​ (58,621,530) ​ (3,762,794) Shares repurchased during the fiscal year to cover for the performance share plans ​ (1,648,083) ​ (3,876,788) ​ (3,533,666) WEIGHTED-AVERAGE NUMBER OF SHARES 2,417,361,304 2,554,707,397 2,631,422,625 Dilutive effect ​ ​ ​ Grant of TotalEnergies performance shares 14,354,523 15,890,560 14,492,673 Capital increase reserved for employees (a) 2,051,751 1,584,068 1,552,947 WEIGHTED-AVERAGE NUMBER OF DILUTED SHARES AS OF DECEMBER 31, 2,433,767,578 2,572,182,025 2,647,468,245 (a) Including the shares granted in consideration to the deferred contribution pursuant to the capital increase reserved for employees. 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 €8.06 per share for 2023 closing (€7.51 for 2022 closing). The fully-diluted earnings per share calculated by using the same method is €8.02 per share for 2023 closing (€7.45 for 2022 closing). Dividend On February 7, 2024, the Board of Directors after approving the financial statements for fiscal year 2023, decided to propose to the Shareholders’ Meeting on May 24, 2024 the distribution of an ordinary €3.01 dividend per share for fiscal year 2023. Subject to the Shareholders’ decision on May 24, 2024, considering the first three interim dividends already decided by the Board of Directors, the final ordinary dividend for the fiscal year 2023 will be €0.79 per share. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2023 Dividend ​ First interim ​ Second interim ​ Third interim ​ Final Amount ​ ​ €0.74 ​ ​ €0.74 ​ ​ €0.74 ​ ​ €0.79 Set date ​ April 26, 2023 ​ July 26, 2023 ​ October 25, 2023 ​ February 7, 2024 Ex-dividend date ​ September 20, 2023 ​ January 2, 2024 ​ March 20, 2024 ​ June 19, 2024 Payment date ​ October 2, 2023 ​ January 12, 2024 ​ April 3, 2024 ​ July 1, 2024 ​ Issuances of perpetual subordinated notes As of December 31, 2023, the amount of perpetual subordinated notes booked in TotalEnergies shareholders’ equity is $12,777 million. The coupons attributable to the holders of these securities are recognized as a deduction from TotalEnergies shareholders’ equity for an amount of $294 million for fiscal year 2023. The tax deduction due to these coupons is booked in the statement of income. 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 During the year 2023, TotalEnergies SE has fully reimbursed the nominal amount of €1,000 million of perpetual subordinated notes carrying a coupon of 2.708%, issued in October 2016, on their first call date on May 5, 2023. The last issuance of perpetual subordinated notes in euros occurred on January 17, 2022, when TotalEnergies SE issued €1,750 million in two tranches. Summary of the perpetual deeply subordinated notes of TotalEnergies SE: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Perpetual deeply subordinated notes issues by TotalEnergies SE ​ ​ Outstanding amount in M€ as of: Date ​ Amount issued (M€) ​ Coupon (%) ​ ​ First call date ​ December 31, 2023 ​ December 31, 2022 ​ December 31, 2021 January 17, 2022 ​ 750 ​ 3.250 % ​ January 17, 2037 ​ 750 ​ 750 ​ – ​ ​ 1,000 ​ 2.000 % ​ April 17, 2027 ​ 1,000 ​ 1,000 ​ – January 25, 2021 1,500 2.125 % ​ January 25, 2033 1,500 1,500 1,500 ​ 1,500 1.625 % ​ January 25, 2028 1,500 1,500 1,500 September 4, 2020 1,000 2.000 % ​ September 4, 2030 1,000 1,000 1,000 April 4, 2019 1,500 1.750 % ​ April 4, 2024 1,500 1,500 1,500 October 6, 2016 1,500 3.369 % ​ October 6, 2026 1,500 1,500 1,500 ​ ​ 1,000 2.708 % ​ May 5, 2023 – 1,000 1,000 May 18, 2016 1,750 3.875 % ​ May 18, 2022 – – 1,750 February 26, 2015 2,500 2.625 % ​ February 26, 2025 2,500 2,500 2,500 TOTAL ​ ​ ​ ​ ​ 11,250 12,250 12,250 ​ 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$) 2023 2022 2021 Actuarial gains and losses ​ (114) ​ 574 ​ 1,035 Change in fair value of investments in equity instruments ​ ​ ​ (11) ​ ​ ​ 112 ​ ​ ​ 66 Tax effect (11) (96) (411) Currency translation adjustment generated by the parent company 2,573 (4,976) (7,202) Sub-total items not potentially reclassifiable to profit & loss 2,437 (4,386) (6,512) Currency translation adjustment (3,277) 1,734 4,216 – Unrealized gain/(loss) of the period ​ (2,524) ​ 1,974 ​ 4,380 – Less gain/(loss) included in net income ​ 753 ​ 240 ​ 164 Cash flow hedge ​ 2,898 (5,452) 278 – Unrealized gain/(loss) of the period ​ 3,155 ​ (4,190) ​ 109 – Less gain/(loss) included in net income ​ 257 ​ 1,262 ​ (169) Variation of foreign currency basis spread ​ ​ ​ (11) ​ ​ ​ 65 ​ ​ ​ 2 – Unrealized gain/(loss) of the period ​ ​ ​ (37) ​ ​ ​ 26 ​ ​ ​ (47) – Less gain/(loss) included in net income ​ ​ ​ (26) ​ ​ ​ (39) ​ ​ ​ (49) Share of other comprehensive income of equity affiliates, net amount ​ (208) ​ 3,497 706 – Unrealized gain/(loss) of the period ​ (194) ​ 1,071 ​ 626 – Less gain/(loss) included in net income ​ 14 ​ (2,426) ​ (80) Other ​ (2) ​ (16) (1) Tax effect ​ (730) 1,449 (135) Sub-total items potentially reclassifiable to profit & loss ​ (1,330) 1,277 5,066 TOTAL OTHER COMPREHENSIVE INCOME, NET AMOUNT 1,107 (3,109) (1,446) ​ The currency translation adjustment by currency is detailed in the following table: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2023 ​ ​ ​ ​ ​ Pound ​ ​ ​ Other (M$) Total Euro sterling Ruble currencies Currency translation adjustment generated by the parent company 2,573 2,573 – – – Currency translation adjustment (3,277) (3,174) 186 – (289) Currency translation adjustment of equity affiliates (179) (107) (9) – (63) TOTAL CURRENCY TRANSLATION ADJUSTMENT RECOGNIZED IN COMPREHENSIVE INCOME (883) (708) 177 – (352) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2022 ​ ​ Pound ​ Other (M$) Total Euro sterling Ruble currencies Currency translation adjustment generated by the parent company (4,976) (4,976) – – – Currency translation adjustment 1,734 3,120 (592) 4 (798) Currency translation adjustment of equity affiliates 3,002 (1,076) 31 4,247 (200) TOTAL CURRENCY TRANSLATION ADJUSTMENT RECOGNIZED IN COMPREHENSIVE INCOME (240) (2,932) (561) 4,251 (998) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2021 ​ ​ Pound ​ Other (M$) Total Euro sterling Ruble currencies Currency translation adjustment generated by the parent company (7,202) (7,202) – – – Currency translation adjustment 4,216 4,654 (180) (1) (257) Currency translation adjustment of equity affiliates 536 730 4 (27) (171) TOTAL CURRENCY TRANSLATION ADJUSTMENT RECOGNIZED IN COMPREHENSIVE INCOME (2,450) (1,818) (176) (28) (428) ​ Tax effects relating to each component of other comprehensive income are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2023 2022 ​ 2021 For the year ended December 31, Pre-tax Tax Net Pre-tax Tax Net Pre-tax Tax Net (M$) ​ amount effect amount ​ amount effect amount ​ amount effect amount Actuarial gains and losses ​ (114) (10) (124) ​ 574 (106) 468 ​ 1,035 (372) 663 Change in fair value of investments in equity instruments ​ (11) ​ (1) ​ (12) ​ 112 ​ 10 ​ 122 ​ 66 ​ (39) ​ 27 Currency translation adjustment generated by the parent company ​ 2,573 – 2,573 ​ (4,976) – (4,976) ​ (7,202) – (7,202) Sub-total items not potentially reclassifiable to profit & loss ​ 2,448 (11) 2,437 ​ (4,290) (96) (4,386) ​ (6,101) (411) (6,512) Currency translation adjustment ​ (3,277) – (3,277) ​ 1,734 — 1,734 ​ 4,216 — 4,216 Cash flow hedge ​ 2,898 (733) 2,165 ​ (5,452) 1,466 (3,986) ​ 278 (130) 148 Variation of foreign currency basis spread ​ (11) ​ 3 ​ (8) ​ 65 ​ (17) ​ 48 ​ 2 ​ (5) ​ (3) Share of other comprehensive income of equity affiliates, net amount ​ (208) – (208) ​ 3,497 – 3,497 ​ 706 – 706 Other ​ (2) – (2) ​ (16) – (16) ​ (1) – (1) Sub-total items potentially reclassifiable to profit & loss ​ (600) (730) (1,330) ​ (172) 1,449 1,277 ​ 5,201 (135) 5,066 TOTAL OTHER COMPREHENSIVE INCOME ​ 1,848 (741) 1,107 ​ (4,462) 1,353 (3,109) ​ (900) (546) (1,446) ​ Non-controlling interests As of December 31, 2023, the subsidiaries with the most significant non-controlling interests are TotalEnergies Australia Unit Trust, TotalEnergies Gabon and TotalEnergies E&P Congo. 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 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. ​ ​ A. TotalEnergies Performance share plans ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2018 2019 2020 2021 2022 2023 (a) Total Date of the Shareholders’ Meeting 5/24/2016 6/1/2018 6/1/2018 6/1/2018 5/28/2021 5/26/2023 Award date 3/14/2018 3/13/2019 3/18/2020 5/28/2021 3/16/2022 5/26/2023 Date of the final award (end of the vesting period) 3/15/2021 3/14/2022 3/20/2023 5/29/2024 3/17/2025 5/27/2026 Transfer authorized as from 3/16/2023 3/15/2024 3/21/2025 5/30/2026 3/17/2025 5/27/2026 Grant date IFRS 2 fair value ​ 36.22 € 40.11 € 12.40 € 27.40 € 37.22 € 46.24 € Number of performance shares ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 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 January 1, 2022 ​ - ​ 6,289,076 ​ 6,653,202 ​ 6,732,740 ​ - - 19,675,018 Notified ​ - ​ - ​ - ​ - ​ 7,353,271 - 7,353,271 Cancelled ​ - ​ (127,852) ​ (65,561) ​ (57,410) ​ (25,090) - (275,913) Finally granted ​ - ​ (6,161,224) ​ (12,680) ​ (13,750) ​ (8,000) - (6,195,654) Outstanding as of January 1, 2023 ​ - ​ - ​ 6,574,961 ​ 6,661,580 ​ 7,320,181 - 20,556,722 Notified ​ - ​ - ​ - ​ - ​ - 7,985,203 7,985,203 Cancelled ​ - ​ - ​ (128,577) ​ (98,291) ​ (86,348) (42,040) (355,256) Finally granted ​ - ​ - ​ (6,446,384) ​ (5,250) ​ (5,568) (190) (6,457,392) OUTSTANDING AS OF DECEMBER 31, 2023 ​ - ​ - ​ - ​ 6,558,039 ​ 7,228,265 7,942,973 ​ 21,729,277 ​ (a) includes 37,000 performance shares granted on December 13, 2023 to 4 executives recruited in 2023 in accordance with the decision of the Board of Directors on December 13, 2023 and the Shareholders' Meeting on May 26, 2023. For these performance shares, the vesting period begins on December 13, 2023 and the final grant date is December 14, 2026, subject to the conditions set (end of the vesting period). The IFRS 2 fair value on the grant date was €51.56 . 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 2018 Plan; - three performance conditions for the 2019 Plan; - four performance conditions for the 2020 Plan; - five performance conditions for the 2021, 2022 and 2023 Plans. Moreover, the transfer of the performance shares finally granted under the 2018 to 2021 Plans will not be permitted until the end of a 2-year holding period from the date of the final grant. 2023 Plan The Board of Directors granted performance shares, with effective date May 26, 2023, as well as on December 13, 2023, 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 applicable performance conditions are as follows: - For 25% of the shares, the Corporation will be ranked against its peers (ExxonMobil, Shell, BP and Chevron) based on the Total Shareholder Return (“TSR”) during the three vesting years (2023, 2024 and 2025). The TSR criterion considered is that of the last quarter of the year, the dividend being considered reinvested based on the closing price on the ex-dividend date; - For 25% of the shares, the Corporation will be ranked against its peers (ExxonMobil, Shell, BP and Chevron) based on the annual variation in net cash flow per share criterion expressed in dollars during the three vesting years (2023, 2024 and 2025); - For 20% of the shares, the level reached by the pre-dividend organic cash breakeven in view of the objective set for the three vesting years (2023, 2024 and 2025). The pre-dividend organic cash breakeven is defined as the Brent price for which the operating cash flow before working capital changes (MBA) covers the organic investments 1 - For 15% of the shares, the change in the greenhouse gas (GHG) emissions on operated facilities (Scope 1+2) in relation to the achievement of the target to reduce the GHG emissions set for 2025; - For 15% of the shares, the change in methane emissions on operated facilities in relation to the achievement of the target to reduce methane emissions set for 2025. 1 ​ B. Share-based payment expense Share-based payment expense before tax was broken down as follows: ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, ​ ​ ​ (M$) ​ 2023 ​ 2022 ​ 2021 TotalEnergies performance shares plans 217 200 129 SunPower plans (a) – 23 25 Capital increase reserved for employees 74 28 14 TOTAL 291 251 168 ​ ( a) The main assumptions used for the valuation of the cost of the capital increase reserved for employees in 2023 were the following: ​ ​ ​ ​ For the year ended December 31, 2023 Date of the Board of Directors meeting that decided the issue September 22, 2022 Reference price (€) (a) 56.88 Subscription price (€) (b) 45.60 Number of shares issued (in millions) (c) 8.00 (a) Average of the closing prices of the TotalEnergies shares over the twenty trading sessions preceding April 26, 2023, 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 .

Payroll, staff and employee ben

Payroll, staff and employee benefits obligations	12 Months Ended
	Dec. 31, 2023
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$) ​ 2023 ​ 2022 ​ 2021 Pension benefits liabilities 1,453 1,308 1,966 Other benefits liabilities 468 467 633 Restructuring reserves (early retirement plans) 72 54 73 TOTAL 1,993 1,829 2,672 Net liabilities relating to assets held for sale – – (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 $167 million for defined contribution plans in 2023 ($152 million in 2022 and $145 million in 2021). TotalEnergies’ main defined benefit pension plans are located in France, the United Kingdom, the United States, Belgium and Germany. Their main characteristics, depending on the country-specific regulatory environment, are the following: - the benefits are usually based on the final salary and seniority; - they are usually funded (pension fund or insurer); - they are usually closed to new employees who benefit from defined contribution pension plans; - they are paid in annuity or in lump sum. The pension benefits include also termination indemnities and early retirement benefits. The other benefits are employer contributions to post-employment medical care. In order to manage the inherent risks, TotalEnergies has implemented a dedicated governance framework to ensure the supervision of the different plans. These governance rules provide for: - TotalEnergies’ representation in key governance bodies or monitoring committees; - the principles of the funding policy; - the general investment policy, including for most plans: - the establishment of a monitoring committee to define and follow the investment strategy and performance, - the principles to be respected in term of investment allocation; - a procedure to approve the establishment of new plans or the amendment of existing plans; - the principles of administration, communication and reporting. Change in benefit obligations and plan assets The fair value of the defined benefit obligation and plan assets in the Consolidated Financial Statements is detailed as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, ​ Pension benefits ​ Other benefits (M$) 2023 2022 2021 2023 2022 2021 Change in benefit obligation ​ ​ ​ ​ ​ ​ Benefit obligation at beginning of year 8,267 11,777 13,591 467 633 700 Current service cost 178 202 247 12 15 17 Interest cost 355 195 164 20 12 8 Past service cost 47 27 (197) – 9 (1) Settlements 2 5 3 – – – Plan participants’ contributions 23 17 17 – 1 – Benefits paid (563) (661) (704) (24) (22) (34) Actuarial losses / (gains) 393 (2,502) (734) (6) (155) (11) Foreign currency translation and other 146 (793) (610) (1) (25) (46) Benefit obligation at year-end 8,847 8,267 11,777 468 467 633 Of which plans entirely or partially funded 8,392 7,806 11,143 – – – Of which plans not funded 455 461 634 468 467 633 Change in fair value of plan assets ​ ​ ​ ​ ​ ​ Fair value of plan assets at beginning of year (7,306) (10,231) (10,580) – – – Interest income (332) (190) (146) – – – Actuarial losses / (gains) (272) 2,083 (290) – – – Settlements – 2 — – – – Plan participants’ contributions (23) (17) (17) – – – Employer contributions (254) (260) (303) – – – Benefits paid 523 607 635 – – – Foreign currency translation and other (104) 700 470 – – – Fair value of plan assets at year-end (7,768) (7,306) (10,231) – – – UNFUNDED STATUS 1,079 961 1,546 468 467 633 Asset ceiling 44 46 41 – — – NET RECOGNIZED AMOUNT 1,123 1,007 1,587 468 467 633 Pension benefits and other benefits liabilities 1,453 1,308 1,966 468 467 633 Other non-current assets (330) (301) (378) – – – Net benefit liabilities relating to assets held for sale – — (1) – – – ​ As of December 31, 2023, the contribution from the main geographical areas for the net pension liability in the balance sheet is: 93% for the Euro area, (10)% for the United Kingdom and 17% 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$) 2023 2022 2021 2023 2022 2021 Current service cost ​ 178 ​ 202 ​ 247 ​ 12 ​ 15 ​ 17 Past service cost 47 27 (197) – 9 (1) Settlements 2 7 3 – — — Net interest cost 28 5 18 20 12 8 Benefit amounts recognized on profit & loss 255 241 71 32 36 24 - Actuarial (Gains) / Losses ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ * Effect of changes in demographic assumptions 4 1 (71) (8) (9) (8) * Effect of changes in financial assumptions 188 (2,617) (450) (7) (138) 2 * Effect of experience adjustments 204 111 (214) 8 (8) (5) * Actual return on plan assets (272) 2,083 (294) – — — - Effect of asset ceiling (3) 3 5 – — — Benefit amounts recognized on equity 121 (419) (1,024) (6) (155) (11) TOTAL BENEFIT AMOUNTS RECOGNIZED ON COMPREHENSIVE INCOME 376 (178) (953) 25 (119) 13 ​ Expected future cash outflows The average duration of accrued benefits is approximately 11 years for defined pension benefits and 15 years for other benefits. TotalEnergies expects to pay contributions of $146 million in respect of funded pension plans in 2024. Estimated future benefits either financed from plan assets or directly paid by the employer are detailed as follows: ​ ​ ​ ​ ​ ​ Estimated future payments ​ ​ ​ ​ (M$) Pension benefits Other benefits 2024 551 25 2025 510 24 2026 536 23 2027 596 23 2028 612 22 2029-2033 3,098 111 ​ Type of assets ​ ​ ​ ​ ​ ​ ​ ​ ​ Asset allocation ​ Pension benefits as of December 31, 2023 2022 2021 ​ Equity securities 27% ​ 26% ​ 39% ​ Debt securities 47% ​ 46% ​ 35% ​ Monetary 2% ​ 3% ​ 1% ​ Annuity contracts 17% ​ 17% ​ 17% ​ Real estate 7% ​ 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, 2023 2022 2021 2023 2022 2021 Discount rate (weighted average for all regions) 3.89% ​ 4.39% ​ 1.82% ​ 4.26% ​ 4.45% ​ 1.83% ​ Of which Euro zone 3.27% ​ 3.70% ​ 0.99% ​ 3.30% ​ 3.48% ​ 1.05% ​ Of which United States 4.50% ​ 4.50% ​ 3.00% ​ 4.50% ​ 4.50% ​ 3.00% ​ Of which United Kingdom 4.50% ​ 4.75% ​ 2.00% ​ – ​ — ​ — Inflation rate (weighted average for all regions) 2.49% ​ 2.91% ​ 2.41% ​ – ​ — ​ — Of which Euro zone 2.24% ​ 2.49% ​ 1.71% ​ – ​ — ​ — Of which United States 2.50% ​ 2.50% ​ 2.50% ​ – ​ — ​ — Of which United Kingdom 3.00% ​ 3.25% ​ 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$) 0.5% Increase 0.5% Decrease Benefit obligation as of December 31, 2023 (490) 538 ​ A 0.5% increase or decrease in inflation rates – all other things being equal - would have the following approximate impact on the benefit obligation: ​ ​ ​ ​ ​ ​ (M$) 0.5% Increase 0.5% Decrease Benefit obligation as of December 31, 2023 300 (290) ​ 10.2 Payroll and staff ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, 2023 2022 2021 Personnel expenses ​ ​ Wages and salaries (including social charges) 9,210 9,002 9,207 TotalEnergies employees at December 31, ​ ​ ​ France (DROM COM includ.) ​ ​ ​ ● Management 14,675 14,130 13,903 ● Other 20,831 20,829 21,232 International ​ ​ ​ ● Management 19,470 18,183 17,346 ● Other 47,603 48,137 48,828 TOTAL 102,579 101,279 101,309 ​ The number of employees includes only employees of fully consolidated subsidiaries.

Income taxes

Income taxes	12 Months Ended
	Dec. 31, 2023
Income taxes
Income taxes	Note 11 Income taxes ​ Accounting principles Income taxes disclosed in the statement of income include current tax expense (or income) and deferred tax expense (or income). Current tax expense (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$) ​ 2023 2022 2021 Current income taxes (12,745) (19,825) (8,158) Deferred income taxes (556) (2,417) (1,429) TOTAL INCOME TAXES (13,301) (22,242) (9,587) ​ Before netting deferred tax assets and liabilities by fiscal entity, the components of deferred tax balances are as follows: ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, ​ ​ ​ (M$) ​ 2023 2022 2021 Net operating losses and tax carry forwards 3,098 3,600 5,129 Employee benefits 415 409 586 Other temporary non-deductible provisions 7,569 8,813 8,235 Differences in depreciations (15,443) (14,692) (15,233) Other temporary tax deductions (3,909) (4,102) (4,221) NET DEFERRED TAX LIABILITY (8,270) (5,972) (5,504) ​ 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 $1,407 million as of December 31, 2023. Deferred tax assets not recognized as of December 31, 2023, amount to $3,060 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 $1,072 million and to Australia for an amount of $222 million. After netting deferred tax assets and liabilities by fiscal entity, deferred taxes are presented on the balance sheet as follows: ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, ​ ​ ​ (M$) ​ 2023 2022 2021 Deferred tax assets 3,418 5,049 5,400 Deferred tax liabilities (11,688) (11,021) (10,904) NET AMOUNT (8,270) (5,972) (5,504) ​ The net deferred tax variation in the balance sheet is analyzed as follows: ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, ​ ​ ​ (M$) ​ 2023 2022 2021 Opening balance (5,972) (5,504) (3,310) Deferred tax on income (556) (2,417) (1,429) Deferred tax on shareholders’ equity (a) (741) 1,353 (546) Changes in scope of consolidation and others (1,102) 218 (315) Currency translation adjustment 101 378 96 CLOSING BALANCE (8,270) (5,972) (5,504) (a) This amount includes mainly deferred taxes on actuarial gains and losses, current income taxes and deferred taxes for changes in fair value of investments inequity instruments, as well as deferred taxes related to the cash flow hedge (see Note 9 to the Consolidated Financial Statements). Reconciliation between provision for income taxes and pre-tax income ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, ​ ​ ​ (M$) ​ 2023 2022 2021 Consolidated net income 21,510 21,044 16,366 Income taxes 13,301 22,242 9,587 Pre-tax income 34,811 43,286 25,953 French statutory tax rate 25.83% ​ 25.83% ​ 28.41% Theoretical tax charge (8,992) (11,181) (7,373) Difference between French and foreign income tax rates (5,925) (9,625) (3,754) Tax effect of equity in income (loss) of affiliates 477 (489) 977 Permanent differences 800 (676) 738 Adjustments on prior years income taxes 54 64 109 Adjustments on deferred tax related to changes in tax rates 216 (610) (119) Variation of deferred tax assets not recognized 69 275 (165) INCOME TAXES IN THE STATEMENT OF INCOME (13,301) (22,242) (9,587) ​ The French statutory tax rate includes the standard corporate tax rate (25%), additional and exceptional applicable taxes that bring the overall tax rate to 25.83% in 2023 (versus 25.83% in 2022 and 28.41% in 2021). 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 credits which expire according to the following years: ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, ​ ​ ​ ​ ​ ​ (M$) 2023 2022 2021 2022 – – 27 2023 – ​ 4 1 2024 2 ​ 2 5 2025 2 ​ 4 25 2026 (a) 8 ​ 8 1,652 2027 (b) ​ 3 ​ 1,220 ​ – 2028 and after ​ 1,201 ​ – ​ – Unlimited 1,882 ​ 2,362 3,419 TOTAL 3,098 ​ 3,600 5,129 ​ (a) 2026 and after for 2021. (b) 2027 and after for 2022. ​ As of December 31, 2023 the schedule of deferred tax assets related to carried forward tax credits on net operating losses for the main countries is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Tax As of December 31, 2023 ​ ​ ​ United (M$) ​ Kazakhstan ​ France Australia ​ States 2024 – ​ – ​ – ​ – 2025 – ​ – ​ – ​ – 2026 – ​ – ​ – ​ – 2027 ​ – ​ – ​ – ​ – 2028 and after 2 ​ – ​ – ​ 322 Unlimited 834 732 667 338 TOTAL 836 732 667 660 ​

Provisions and other non-curren

Provisions and other non-current liabilities	12 Months Ended
	Dec. 31, 2023
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$) ​ 2023 ​ 2022 ​ 2021 Litigations and accrued penalty claims 476 529 285 Provisions for environmental contingencies 750 751 812 Asset retirement obligations 11,585 13,110 14,976 Other non-current provisions 3,588 3,633 2,766 of which restructuring activities 228 282 506 of which financial risks related to non-consolidated and equity accounted for affiliates 1,708 1,582 265 of which contingency reserve on solar panels warranties (SunPower) – – 83 Other non-current liabilities 4,858 3,379 1,430 TOTAL 21,257 21,402 20,269 ​ In 2023, litigation reserves amount to $476 million of which $276 million in the Exploration & Production, notably in Brazil, Bolivia and Angola, and $91 million in Refining & Chemicals. In 2022, litigation reserves amounted to $529 million of which $257 million in the Exploration & Production, notably in Brazil, Bolivia and Angola, and $159 million in Refining & Chemicals. In 2021, litigation reserves amounted to $285 million of which $192 million in the Exploration & Production, notably in Brazil, Bolivia and Angola. Other non-current liabilities mainly include debts whose maturity is more than one year related to fixed assets acquisitions. Changes in provisions and other non-current liabilities Changes in provisions and other non-current liabilities are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Currency ​ ​ ​ ​ As of ​ ​ ​ ​ ​ translation ​ ​ ​ As of (M$) ​ January, 1 ​ Allowances ​ Reversals ​ adjustment ​ Other ​ December, 31 2023 21,402 1,269 (1,315) 212 (311) 21,257 of which provisions for financial risks ​ – ​ 18 ​ (29) ​ – ​ – ​ – of which asset retirement obligations – 524 (339) – ​ – ​ – of which provisions for environmental contingencies – 117 (158) – ​ – ​ – of which provisions for restructuring of activities – 69 (138) – ​ – ​ – 2022 20,269 2,724 (1,397) (834) ​ 640 ​ 21,402 of which provisions for financial risks – 1,363 (15) – ​ – ​ – of which asset retirement obligations – 430 (418) – ​ – ​ – of which provisions for environmental contingencies ​ – ​ 97 ​ (133) ​ – ​ – ​ – of which provisions for restructuring of activities – 31 (230) – ​ – ​ – 2021 20,925 1,446 (1,560) (404) ​ (138) ​ 20,269 of which provisions for financial risks – – – – ​ – ​ – of which asset retirement obligations – 449 (527) – ​ – ​ – of which provisions for environmental contingencies ​ – ​ 43 ​ (178) ​ – ​ – ​ – of which provisions for restructuring of activities – 415 (178) – ​ – ​ – ​ 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 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 5% in 2023 and 4% in 2022 and 3% in 2021 (the expenses are estimated at current currency values with an inflation rate of 2% in 2023 and 2% in 2022 and 1.5% in 2021). A decrease of 0.5% of this rate would increase the asset retirement obligation by $846 million, with a corresponding impact in tangible assets, and with a negative impact of approximately $80 million on the following years net income. Conversely, an increase of 0.5% would have a nearly symmetrical impact compared to the effect of the decrease of 0.5%. Changes in the asset retirement obligation are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Spending on Currency ​ ​ ​ ​ As of ​ ​ ​ Revision in ​ New ​ existing ​ translation ​ ​ ​ As of (M$) ​ January 1, ​ Accretion ​ estimates ​ obligations ​ obligations ​ adjustment ​ Other ​ December 31, 2023 ​ 13,110 ​ 524 ​ (1,499) ​ 108 ​ (339) ​ 101 ​ (420) ​ 11,585 2022 ​ 14,976 ​ 430 ​ (1,172) ​ 198 ​ (418) ​ (663) ​ (241) ​ 13,110 2021 15,368 ​ 449 ​ (109) ​ 228 ​ (527) ​ (194) ​ (239) ​ 14,976 ​ 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 Corporation, 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 U.S. 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 U.S. 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 brought a claim to the U.S. District Court for the District of Texas in December 2022 disputing the constitutionality of FERC’s administrative procedure; the U.S. District Court for the District of Texas ordered a stay of the case in the course of 2023, pending decisions by the U.S. Supreme Court in another cases involving similar constitutional issues. TGPNA contests the claims brought against it. DISPUTE RELATING TO CLIMATE In France, the Corporation was summoned in January 2020 before Nanterre’s Civil 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 by third parties and in order to obtain an injunction ordering the Corporation to cease exploration and exploitation of new oil or gas fields, to reduce its oil and gas production by 2030 and 2050, and to reduce its net direct and indirect CO 2 Several associations in France brought civil and criminal actions against TotalEnergies, with the purpose of proving that since May 2021 – after the change of name of TotalEnergies – the Corporation’s corporate communication and its publicity campaign contain environmental claims that are either false or misleading for the consumer. TotalEnergies considers that these accusations are unfounded. In France, on July 4, 2023, nine shareholders (two companies and 7 individuals holding a small number of the Corporation’s shares) brought an action against the Corporation before the Nanterre Commercial Court, seeking the annulment of resolution no. 3 passed by the Corporation’s Annual Shareholders’ Meeting on May 26, 2023, recording the results for fiscal year 2022 and setting the amount of the dividend to be distributed for fiscal year 2022. The plaintiffs essentially allege an insufficient provision for impairment of the Company’s assets in the financial statements for the fiscal year 2022, due to the insufficient consideration of future risks and costs related to the consequences of greenhouse gas emissions emitted by its customers (scope 3) and carbon cost assumptions presented as too low. The Corporation considers this action to be unfounded. In the United States, U.S. subsidiaries of TotalEnergies (TotalEnergies EP USA, Inc., TotalSpecialties USA, Inc. and TotalEnergies Marketing USA, Inc.) were summoned, amongst many companies and professional associations, in several “climate litigation” cases, seeking to establish legal liability for past greenhouse gas emissions, and to compensate plaintiff public authorities, in particular for resulting adaptation costs. The Corporation was summoned, along with these subsidiaries, in three of these litigations. The Corporation and its subsidiaries consider that the courts lack jurisdiction, and have many arguments to put forward, and consider that the past and present behavior of the Corporation and its subsidiaries does not constitute a fault susceptible to give rise to liability. RUSSIA In France, two associations filed a simple complaint against the Company in October 2022 with the National Anti-Terrorist Prosecutor’s Office, due to the continuation of some of the Company’s activities in Russia since the Russian invasion of Ukraine in 2022. The complaint, which the Corporation has not been given access to, would accuse the Corporation – due to its 49% 1 2 The complaint was dismissed by the National Anti-Terrorist Prosecutor’s Office in early January 2023. The plaintiffs later lodged a new identical complaint in March 2023 with the application to join the proceedings as a civil party. In June 2023, the National Anti-Terrorist Prosecutor’s Office recommended a dismissal to the Elder Magistrate in charge of criminal matters. MOZAMBIQUE In France, victims and heirs of deceased persons filed a complaint against the Company in October 2023 with the Nanterre Prosecutor, following the events perpetrated by terrorists in the city of Palma in March 2021. This complaint would allege that the Corporation is liable for “unvoluntary manslaughter” and, “failure to assist people in danger”. The Corporation considers these accusations as unfounded in both law and fact 3 1 2 3 ​

Off balance sheet commitments a

Off balance sheet commitments and lease contracts	12 Months Ended
	Dec. 31, 2023
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, 2023 ​ ​ ​ Less than 1 ​ Between 1 ​ More than 5 (M$) Total year and 5 years years Non-current debt obligations net of hedging instruments (Note 15) ​ 31,493 ​ – ​ 13,068 ​ 18,425 Current portion of non-current debt obligations net of hedging instruments (Note 15) 5,669 5,669 – – Lease obligations (Note 13.2) 9,477 1,721 3,652 4,104 Asset retirement obligations (Note 12) 11,585 453 1,452 9,680 Contractual obligations recorded in the balance sheet 58,224 7,843 18,172 32,209 Lease obligations for low value assets, short term contracts or not yet commenced (Note 13.2) 2,221 643 1,049 529 Purchase obligations 178,772 14,536 40,850 123,386 Contractual obligations not recorded in the balance sheet 180,993 15,179 41,899 123,915 TOTAL OF CONTRACTUAL OBLIGATIONS 239,217 23,022 60,071 156,124 Guarantees given to customs authorities 2,001 1,913 47 41 Guarantees given on borrowings 19,219 582 9,506 9,131 Guarantees related to sales of businesses 312 160 – 152 Guarantees of current liabilities 67 67 – – Guarantees to customers / suppliers 23,382 6,768 3,946 12,668 Letters of credit 3,294 3,002 270 22 Other operating commitments 20,409 8,698 1,083 10,628 TOTAL OF OTHER COMMITMENTS GIVEN 68,684 21,190 14,852 32,642 Assets received as collateral (security interests) ​ 42 ​ 22 ​ 8 ​ 12 Sales obligations 97,436 8,470 47,178 41,788 Other commitments received 25,365 18,025 3,355 3,985 TOTAL OF COMMITMENTS RECEIVED 122,843 26,517 50,541 45,785 of which commitments given relating to joint ventures 32,846 906 10,643 21,297 of which commitments given relating to associates 97,130 850 14,676 81,604 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Maturity and installments As of December 31, 2022 ​ ​ ​ Less than 1 ​ Between 1 ​ More than 5 (M$) Total year and 5 years years Non-current debt obligations net of hedging instruments (Note 15) ​ 35,684 ​ – ​ 14,229 ​ 21,455 Current portion of non-current debt obligations net of hedging instruments (Note 15) 5,328 5,328 – – Lease obligations (Note 13.2) 9,714 1,437 3,872 4,405 Asset retirement obligations (Note 12) 13,110 521 1,497 11,092 Contractual obligations recorded in the balance sheet 63,836 7,286 19,598 36,952 Lease obligations for low value assets, short term contracts or not yet commenced (Note 13.2) 1,830 783 610 437 Purchase obligations 139,050 11,286 40,516 87,248 Contractual obligations not recorded in the balance sheet 140,880 12,069 41,126 87,685 TOTAL OF CONTRACTUAL OBLIGATIONS 204,716 19,355 60,724 124,637 Guarantees given to customs authorities 2,003 1,904 53 46 Guarantees given on borrowings 20,218 2,519 5,814 11,885 Guarantees related to sales of businesses 310 157 – 153 Guarantees of current liabilities 62 61 1 – Guarantees to customers / suppliers 23,757 3,539 2,275 17,943 Letters of credit 2,430 2,241 172 17 Other operating commitments 23,039 5,198 900 16,941 TOTAL OF OTHER COMMITMENTS GIVEN 71,819 15,619 9,215 46,985 Assets received as collateral (security interests) 45 14 10 21 Sales obligations 94,977 6,267 36,341 52,369 Other commitments received 25,650 19,261 2,817 3,572 TOTAL OF COMMITMENTS RECEIVED 120,672 25,542 39,168 55,962 of which commitments given relating to joint ventures 32,054 2,006 5,666 24,382 of which commitments given relating to associates ​ 52,270 839 11,638 39,793 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 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 ​ 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 $7,756 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 $1,721 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 LNG 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 LNG segment, reservation of transport capacities in pipelines, unconditional exploration works and development works in the Exploration & Production and Integrated LNG 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, 2023, the maturities of these guarantees are up to 2047. As of December 31, 2023, the guarantees provided by TotalEnergies SE in connection with the financing of the Mozambique LNG project amount to $4,600 million as in 2022. As of December 31, 2023, the guarantees provided by TotalEnergies SE in connection with the financing of the Ichthys LNG project amount to $4,136 million. As of December 31, 2022, the guarantees amounted to $4,659 million. As of December 31, 2023, the guarantees provided by TotalEnergies SE in connection with the financing of the Yamal LNG project amount to $3,270 million. As of December 31, 2022, the guarantees amounted to $3,483 million. As of December 31, 2023, the guarantees provided by TotalEnergies SE in connection with the financing of the Bayport Polymers LLC project, amount to $1,400 million. As of December 31, 2022, the guarantees amounted to $1,820 million. As of December 31, 2023, the guarantees provided by TotalEnergies Holdings in connection with the financing of the Seagreen project, amount to $1,273 million. As of December 31, 2022, the guarantees amounted to $1,204 million. As of December 31, 2023, the guarantees provided by TotalEnergies SE in connection with the financing of the Arctic LNG2 project amount to $1,050 million. As of December 31, 2022, the guarantees amounted to $1,013 million. As of December 31, 2023, TotalEnergies SE has confirmed guarantees for TotalEnergies Refining Saudi Arabia SAS shareholders’ advances for an amount of $1,025 million as in 2022. As of December 31, 2023, the guarantee provided by TotalEnergies Holdings in connection with the financing of the Rio Grande LNG project amount to $800 million. 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. ​ TotalEnergies mainly leases real estate, service 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, 2023 ​ Leases recorded in (M$) ​ Exempted contracts ​ balance sheet 2024 643 2,473 2025 406 1,607 2026 249 1,384 2027 231 1,142 2028 163 1,007 2029 and beyond 529 6,188 Total minimum payments 2,221 13,801 Less financial expenses (4,324) Nominal value of contracts 9,477 Less current portion of lease contracts (Note 15) (1,721) Non-current lease liabilities 7,756 ​ ​ ​ ​ ​ ​ For the year ended December 31, 2022 ​ Leases recorded in (M$) ​ Exempted contracts ​ balance sheet 2023 783 2,189 2024 190 1,646 2025 154 1,255 2026 137 1,140 2027 129 993 2028 and beyond 437 6,053 Total minimum payments 1,830 13,276 Less financial expenses (3,562) Nominal value of contracts 9,714 Less current portion of lease contracts (Note 15) (1,437) Non-current lease liabilities 8,277 ​ ​ ​ ​ ​ ​ For the year ended December 31, 2021 ​ ​ Leases recorded in (M$) ​ 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, 2023, rental expense recorded in the income statement and incurred under short term leases or low value assets leases and under variable lease payments is $1,007 million and $183 million, respectively. For the year ended December 31, 2022, rental expense recorded in the income statement and incurred under short term leases or low value assets leases and under variable lease payments was $701 million and $151 million, respectively. For the year ended December 31, 2021, rental expense recorded in the income statement and incurred under short team leases or low value assets leases and under variable lease payments was $487 million and $242 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, 2023
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, 2023 ​ ​ ​ ​ ​ 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 4,260 302 – – 4,562 4,562 Other investments – 1,188 355 – 1,543 1,543 Non-current financial assets 1,166 414 142 673 2,395 2,395 Other non-current assets 3,983 – – – 3,983 3,983 Accounts receivable, net (b) 23,442 – – – 23,442 23,442 Other operating receivables 7,940 6,775 237 – 14,952 14,952 Current financial assets 5,046 1,448 – 91 6,585 6,585 Cash and cash equivalents 27,263 – – – 27,263 27,263 Total financial assets 73,100 10,127 734 764 84,725 84,725 Total non-financial assets ​ ​ ​ ​ ​ ​ ​ 198,929 ​ TOTAL ASSETS ​ ​ ​ ​ ​ ​ ​ 283,654 ​ Non-current financial debt (a) (38,040) (240) – (2,198) (40,478) (41,329) Accounts payable (b) (41,335) – – – (41,335) (41,335) Other operating liabilities (12,287) (7,573) (77) – (19,937) (19,937) Current borrowings (a) (9,590) – – – (9,590) (9,601) Other current financial liabilities – (178) – (268) (446) (446) Total financial liabilities (101,252) (7,991) (77) (2,466) (111,786) (112,648) Total non-financial liabilities ​ ​ ​ ​ ​ ​ ​ (171,868) ​ TOTAL LIABILITIES ​ ​ ​ ​ ​ ​ ​ (283,654) ​ (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 $(5,897) million and $5,897 million on accounts payable . ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2022 ​ ​ ​ ​ ​ Other ​ ​ ​ ​ ​ ​ (M$) ​ ​ Fair value through comprehensive Fair value of bonds ​ ​ ​ ​ Assets / (Liabilities) Amortized cost P&L income hedging instruments Total Fair value Equity affiliates: loans 3,733 — — — 3,733 3,733 Other investments — 932 119 — 1,051 1,051 Non-current financial assets 1,428 490 — 813 2,731 2,731 Other non-current assets 2,087 — — — 2,087 2,087 Accounts receivable, net (b) 24,378 — — — 24,378 24,378 Other operating receivables 8,069 19,529 691 — 28,289 28,289 Current financial assets 7,536 1,071 137 2 8,746 8,746 Cash and cash equivalents 33,026 — — — 33,026 33,026 Total financial assets 80,257 22,022 947 815 104,041 104,041 Total non-financial assets ​ ​ ​ ​ ​ ​ ​ 199,823 ​ TOTAL ASSETS ​ ​ ​ ​ ​ ​ ​ 303,864 ​ Non-current financial debt (a) (41,235) (283) — (3,746) (45,264) (43,471) Accounts payable (b) (41,346) — — — (41,346) (41,346) Other operating liabilities (16,412) (17,994) (780) — (35,186) (35,186) Current borrowings (a) (15,502) — — — (15,502) (15,518) Other current financial liabilities — (226) — (262) (488) (488) Total financial liabilities (114,495) (18,503) (780) (4,008) (137,786) (136,009) Total non-financial liabilities ​ ​ ​ ​ ​ ​ ​ (166,078) ​ TOTAL LIABILITIES ​ ​ ​ ​ ​ ​ ​ (303,864) ​ (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 $(10,156) million and $10,156 million on accounts payable . ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2021 ​ ​ ​ ​ ​ Other ​ ​ ​ ​ ​ (M$) ​ ​ 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 .

Financial structure and financi

Financial structure and financial costs	12 Months Ended
	Dec. 31, 2023
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 related financial instruments ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2023 ​ ​ ​ ​ ​ ​ (M$) ​ ​ ​ ​ ​ ​ (Assets) / Liabilities Secured Unsecured Total Non-current financial debt 8,427 32,051 40,478 of which hedging instruments of non-current financial debt (liabilities) – 2,198 2,198 Non-current financial assets (1,166) (1,229) (2,395) of which hedging instruments of non-current financial debt (assets) – (673) (673) NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS 7,261 30,822 38,083 Variable rate bonds or bonds after fair value hedge – 7,051 7,051 Fixed rate bonds or bonds after cash flow hedge – 22,839 22,839 Other floating rate debt 430 408 838 Other fixed rate debt 241 840 1,081 Lease obligations 7,756 – 7,756 Non-current financial assets excluding derivative financial instruments ​ (1,166) ​ (142) ​ (1,308) Non-current instruments held for trading – (174) (174) NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS 7,261 30,822 38,083 ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2022 ​ ​ ​ ​ ​ ​ (M$) ​ ​ ​ ​ ​ ​ (Assets) / Liabilities Secured Unsecured Total Non-current financial debt 8,329 36,935 45,264 of which hedging instruments of non-current financial debt (liabilities) – 3,746 3,746 Non-current financial assets (1,428) (1,303) (2,731) of which hedging instruments of non-current financial debt (assets) – (813) (813) NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS 6,901 35,632 42,533 Variable rate bonds or bonds after fair value hedge – 8,958 8,958 Fixed rate bonds or bonds after cash flow hedge – 26,159 26,159 Other floating rate debt 13 227 240 Other fixed rate debt 39 496 535 Lease obligations ​ 8,277 – 8,277 Non-current financial assets excluding derivative financial instruments (1,428) ​ – ​ (1,428) Non-current instruments held for trading – (208) (208) NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS 6,901 35,632 42,533 ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2021 ​ ​ ​ ​ ​ ​ (M$) ​ ​ ​ ​ ​ ​ (Assets) / Liabilities Secured Unsecured Total Non-current financial debt 7,720 41,792 49,512 of which hedging instruments of non-current financial debt (liabilities) – 1,498 1,498 Non-current financial assets (847) (1,557) (2,404) of which hedging instruments of non-current financial debt (assets) – (787) (787) NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS 6,873 40,235 47,108 Variable rate bonds or bonds after fair value hedge – 12,820 12,820 Fixed rate bonds or bonds after cash flow hedge – 27,147 27,147 Other floating rate debt 15 634 649 Other fixed rate debt 61 363 424 Lease obligations 7,644 ​ – ​ 7,644 Non-current financial assets excluding derivative financial instruments (847) (675) (1,522) Non-current instruments held for trading ​ – ​ (54) ​ (54) NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS 6,873 40,235 47,108 ​ The bonds, as of December 31, 2023, after taking into account currency and interest rates swaps fair value, are detailed as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Amount ​ Amount ​ Amount ​ ​ ​ ​ ​ Bonds after fair value hedge or variable rate ​ ​ ​ after ​ after ​ after ​ Range ​ Range of initial current rate ​ bonds (a) ​ Currency of ​ December 31, ​ December 31, ​ December 31, ​ of current ​ before hedging ​ (M$) issuance 2023 2022 2021 maturities instruments ​ Bond ​ USD ​ 3,542 ​ 5,042 ​ 5,001 ​ 2024 - 2028 ​ 2.434% - 3.883 % Bond ​ CHF ​ 409 ​ 407 ​ 409 ​ 2026 - 2029 ​ 0.176% - 0.298 % Bond ​ AUD ​ 71 ​ 71 ​ 71 ​ 2025 ​ 4.000 % Bond ​ EUR ​ 3,209 ​ 5,574 ​ 7,528 ​ 2024 - 2044 ​ 0.625% - 3.000 % Bond ​ GBP ​ 929 ​ 925 ​ 1,524 ​ 2025 - 2031 ​ 1.405% - 1.750 % Bond ​ HKD ​ 130 ​ 129 ​ 129 ​ 2025 ​ 2.920 % Current portion (less than one year) ​ ​ ​ (2,118) ​ (3,890) ​ (2,540) ​ ​ ​ ​ ​ Principal financing entities (b) ​ ​ ​ 6,172 ​ 8,258 ​ 12,122 ​ ​ ​ ​ ​ TotalEnergies SE ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Bond ​ ​ ​ — ​ — ​ 1,200 ​ ​ ​ ​ ​ Current portion (less than one year) ​ ​ ​ — ​ — ​ (1,200) ​ ​ ​ ​ ​ Other consolidated subsidiaries ​ ​ ​ 879 ​ 700 ​ 698 ​ ​ ​ ​ ​ TOTAL VARIABLE RATE BONDS OR BONDS AFTER FAIR VALUE HEDGE ​ ​ ​ 7,051 ​ 8,958 ​ 12,820 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 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 2023 2022 2021 maturities instruments ​ Bond EUR 15,448 15,628 15,487 2024 - 2044 0.696% - 5.125 % Bond USD 8,301 8,783 9,941 2024 - 2060 2.829% - 3.461 % Bond ​ HKD ​ 187 ​ 187 ​ 200 ​ 2026 ​ 3.088 % Bond ​ CHF ​ 1,088 ​ 1,076 ​ 1,113 ​ 2024 - 2027 ​ 0.510% - 1.010 % Bond ​ GBP ​ 980 ​ 985 ​ 1,004 ​ 2024 - 2026 ​ 1.250% - 1.660 % Bond ​ AUD ​ (1) ​ (2) ​ 5 ​ 2025 ​ 4.000 % Current portion (less than one year) (3,175) (500) (1,000) ​ ​ Principal financing entities (b) 22,828 26,157 26,750 ​ Other consolidated subsidiaries 11 2 397 ​ TOTAL FIXED RATE BONDS OR BONDS AFTER CASH FLOW HEDGE 22,839 26,159 27,147 ​ ​ (a) The IBOR rate reform mainly impacted the bonds after fair value hedge, on principal financing entities and TotalEnergies SE, indexed on the USD LIBOR rate. At December 31, 2023, the amount of the bonds after fair value hedge (both non-current and current portions) on principal financing entities and TotalEnergies SE is $ 8,290 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 acted 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. ​ 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 ​ ​ 2023 ​ Non ‑ current ​ financial debt ​ financial ​ financial debt ​ related financial ​ ​ (M$) ​ financial debt ​ (liabilities) ​ assets ​ (assets) ​ instruments ​ % 2025 5,381 369 (434) (110) 4,947 13 % 2026 4,013 323 (304) (102) 3,709 10 % 2027 3,720 85 (349) (55) 3,371 9 % 2028 4,502 304 (246) (142) 4,256 11 % 2029 and beyond 22,862 1,117 (1,062) (264) 21,800 57 % TOTAL 40,478 2,198 (2,395) (673) 38,083 100 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ of which hedging ​ of which hedging ​ ​ ​ ​ ​ ​ instruments ​ ​ ​ instruments ​ Non-current net ​ ​ As of December 31, ​ ​ ​ of non ‑ current ​ Non-current ​ of non-current ​ financial debt and ​ ​ 2022 ​ Non ‑ current ​ financial debt ​ financial ​ financial debt ​ related financial ​ ​ (M$) financial debt ​ (liabilities) ​ assets ​ (assets) ​ instruments ​ % ​ 2024 7,251 399 (899) (56) 6,352 15 % 2025 4,701 552 (259) (168) 4,442 10 % 2026 3,465 467 (194) (107) 3,271 8 % 2027 3,522 217 (104) (17) 3,418 8 % 2028 and beyond 26,325 2,111 (1,275) (465) 25,050 59 % TOTAL 45,264 3,746 (2,731) (813) 42,533 100 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 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 ​ ​ 2021 ​ Non ‑ current ​ financial debt ​ financial ​ financial debt ​ related financial ​ ​ (M$) financial debt (liabilities) assets (assets) instruments % 2023 6,143 115 (111) (51) 6,032 13 % 2024 6,506 190 (219) (103) 6,287 13 % 2025 4,471 194 (89) (51) 4,382 9 % 2026 3,348 238 (71) (34) 3,277 7 % 2027 and beyond 29,044 761 (1,914) (548) 27,130 58 % TOTAL 49,512 1,498 (2,404) (787) 47,108 100 % ​ Analysis by currency and interest rate These analyses take into account interest rate and foreign currency swaps to hedge non-current financial net debt. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, ​ (M$) 2023 % 2022 % 2021 % U.S. dollar 34,789 91 % 38,896 91 % 44,387 94 % Euro 2,322 6 % 2,083 5 % 1,708 4 % Norwegian krone 40 0 % 47 0 % 67 0 % Other currencies 932 3 % 1,507 4 % 946 2 % TOTAL 38,083 100 % 42,533 100 % 47,108 100 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (M$) 2023 % 2022 % 2021 % Fixed rate 30,311 80 % 33,533 79 % 34,353 73 % Floating rate 7,772 20 % 9,000 21 % 12,755 27 % TOTAL 38,083 100 % 42,533 100 % 47,108 100 % ​ B) Current financial assets and liabilities Current borrowings consist mainly of drawings on commercial papers or treasury bills and of bank loans. These instruments bear interest at rates that are close to market rates. Current deposits beyond three months include initial margins held as part of the Company’s activities on organized markets. ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, ​ ​ ​ ​ ​ ​ (M$) ​ ​ ​ ​ ​ ​ (Assets) / Liabilities 2023 2022 2021 Current financial debt (a) 2,377 8,997 8,846 Current lease obligations 1,721 1,437 1,390 Current portion of non-current financial debt 5,492 5,068 4,799 Current borrowings (Note 14) 9,590 15,502 15,035 Current portion of hedging instruments of debt (liabilities) 268 262 316 Other current financial instruments (liabilities) 178 226 56 Other current financial liabilities (Note 14) 446 488 372 Current deposits beyond three months (5,450) (8,127) (11,868) Marketable securities ​ (519) ​ (218) ​ (195) Financial receivables on sub-lease, current (329) (190) (132) Current portion of hedging instruments of debt (assets) (91) (2) (42) Other current financial instruments (assets) (196) (209) (78) Current financial assets (Note 14) (6,585) (8,746) (12,315) NET CURRENT BORROWINGS 3,451 7,244 3,092 ​ (a) As of December 31, 2023, December 31, 2022 and December 31, 2021, current financial debt includes notably short-term negotiable debt security issued through programs fully and unconditionally secured by TotalEnergies SE. C) Cash flow from (used in) financing activities The variations of financial debt are detailed as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Non-cash changes ​ ​ ​ ​ As of ​ ​ ​ Change in scope, ​ ​ ​ ​ ​ Reclassification ​ ​ ​ As of ​ ​ January 1, ​ Cash ​ including IFRS 5 ​ Foreign ​ Changes in ​ Non-current / ​ ​ ​ December 31, (M$) 2023 changes reclassification currency fair value Current Other 2023 Non-current financial instruments - assets (a) ​ (2,731) ​ — ​ (96) ​ (21) ​ 353 ​ 387 ​ (287) ​ (2,395) Non-current financial debt ​ 45,264 ​ 130 ​ 667 ​ 65 ​ (343) ​ (7,573) ​ 2,268 ​ 40,478 Non-current financial debt and related financial instruments ​ 42,533 ​ 130 ​ 571 ​ 44 ​ 10 ​ (7,186) ​ 1,981 ​ 38,083 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Current financial instruments - assets (a) (401) 383 (1) (8) (68) (387) (134) (616) Current borrowings 15,502 (14,660) 181 389 121 7,573 484 9,590 Current financial instruments - liabilities (a) 488 — 6 11 (59) — — 446 Current financial debt and related financial instruments 15,589 (14,277) 186 392 (6) 7,186 350 9,420 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Financial debt and financial assets classified as held for sale (38) — 341 7 — — — 310 NET FINANCIAL DEBT 58,084 (14,147) 1,098 443 4 — 2,331 47,813 (a) Fair value or cash flow hedge instruments and other non-hedge debt-related derivative instruments. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Non-cash changes ​ ​ ​ ​ As of ​ ​ ​ Change in scope, ​ ​ ​ ​ ​ Reclassification ​ ​ ​ As of ​ ​ January 1, ​ Cash ​ including IFRS 5 ​ Foreign ​ Changes in ​ Non-current / ​ ​ ​ December 31, (M$) 2022 changes reclassification currency fair value Current Other 2022 Non-current financial instruments - assets (a) (2,404) ​ — ​ 24 52 ​ (448) ​ 198 ​ (153) ​ (2,731) Non-current financial debt 49,512 ​ 1,108 ​ (696) (225) ​ 175 ​ (6,981) ​ 2,371 ​ 45,264 Non-current financial debt and related financial instruments ​ 47,108 ​ 1,108 ​ (672) ​ (173) ​ (273) ​ (6,783) ​ 2,218 ​ 42,533 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Current financial instruments - assets (a) (252) 264 — 6 (97) (198) (124) (401) Current borrowings 15,035 (6,337) (316) (106) (69) 6,981 314 15,502 Current financial instruments - liabilities (a) 372 — — (9) 125 — — 488 Current financial debt and related financial instruments ​ 15,155 ​ (6,073) ​ (316) ​ (109) ​ (41) ​ 6,783 ​ 190 ​ 15,589 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Financial debt and financial assets classified as held for sale (4) — (34) — — — — (38) NET FINANCIAL DEBT 62,259 (4,965) (1,022) (282) (314) — 2,408 58,084 ​ (a) Fair value or cash flow hedge instruments and other non-hedge debt-related derivative instruments. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Non-cash changes ​ ​ ​ ​ As of ​ ​ ​ Change in scope, ​ ​ ​ ​ ​ Reclassification ​ ​ ​ As of ​ ​ January 1, ​ Cash ​ including IFRS 5 ​ Foreign ​ Changes in ​ Non-current / ​ ​ ​ December 31, (M$) 2021 changes reclassification currency fair value Current Other 2021 Non-current financial instruments - assets (a) ​ (4,781) ​ (290) ​ 1 ​ 64 ​ 2,432 ​ 188 ​ (18) ​ (2,404) Non-current financial debt 60,203 (359) (58) (183) (2,377) (9,254) 1,540 49,512 Non-current financial debt and related financial instruments 55,422 (649) (57) (119) 55 (9,066) 1,522 47,108 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Current financial instruments - assets (a) (194) 191 — 8 (45) (188) (24) (252) Current borrowings ​ 17,099 ​ (11,047) ​ 15 ​ (283) ​ (158) ​ 9,254 ​ 155 ​ 15,035 Current financial instruments - liabilities (a) 203 — 1 (11) 179 — — 372 Current financial debt and related financial instruments 17,108 (10,856) 16 (286) (24) 9,066 131 15,155 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Financial debt and financial assets classified as held for sale 313 — (306) (11) — — — (4) NET FINANCIAL DEBT 72,843 (11,505) (347) (416) 31 — 1,653 62,259 ​ (a) Fair value or cash flow hedge instruments and other non-hedge debt-related derivative instruments. Monetary changes in non-current financial debt are detailed as follows: ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, ​ ​ ​ ​ ​ ​ (M$) 2023 2022 2021 Issuance of non-current debt 189 1,148 808 Repayment of non-current debt (59) (40) (1,167) NET AMOUNT 130 1,108 (359) ​ 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$) 2023 2022 2021 Cash 16,956 14,873 13,544 Cash equivalents 10,307 18,153 7,798 TOTAL 27,263 33,026 21,342 ​ 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, 2023, the cash and cash equivalents include $1,807 million subject to restrictions, notably due to regulatory framework or to the fact they are owned by affiliates located in countries with exchange controls. E) Net-debt-to-capital ratio For its internal and external communication needs, TotalEnergies calculates a debt ratio by dividing its net financial debt excluding leases by its capital. The ratio is calculated as follows: Net debt excluding leases / (Equity + Net debt excluding leases) ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, ​ ​ ​ ​ ​ ​ (M$) ​ ​ ​ (Assets) / Liabilities 2023 2022 2021 ​ Current borrowings (a) 7,869 ​ 14,065 ​ 13,645 ​ Other current financial liabilities 446 ​ 488 ​ 372 ​ Current financial assets (a) (6,256) ​ (8,556) ​ (12,183) ​ Net financial assets and liabilities held for sale or exchange (a) 17 ​ (38) ​ (4) ​ Non-current financial debt (a) 32,722 ​ 36,987 ​ 41,868 ​ Non-current financial assets (a) (1,229) ​ (1,303) ​ (1,557) ​ Cash and cash equivalents (27,263) ​ (33,026) ​ (21,342) ​ Net financial debt excluding leases 6,306 ​ 8,617 ​ 20,799 ​ ​ ​ ​ ​ ​ ​ ​ ​ Shareholders’ equity – TotalEnergies share 116,753 ​ 111,724 ​ 111,736 ​ Distribution of the income based on existing shares at the closing date 2,700 ​ 2,846 ​ 3,263 ​ Shareholders’ equity 119,453 ​ 114,570 ​ 114,999 ​ ​ ​ ​ ​ ​ ​ ​ ​ NET-DEBT-TO-CAPITAL RATIO EXCLUDING LEASES 5.0 % 7.0 % 15.3 % ​ (a) Excluding lease receivables & lease debts. ​ 15.2 F AIR 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: - Cash management 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”. - Long-term financing 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. - Foreign subsidiaries’ equity hedge 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”. - Commitments to purchase shares held by non-controlling interests (put options written on minority interests) 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$) ​ 2023 2022 2021 Loans and receivables 1,420 ​ 562 ​ 188 Financing liabilities and associated hedging instruments (2,190) (1,812) (1,373) Fair value hedge (ineffective portion) 2 (5) (10) Lease assets and obligations (499) (458) (413) Assets and liabilities held for trading 248 470 83 IMPACT ON THE COST OF NET DEBT (1,019) (1,243) (1,525) ​ B) Impact of the hedging strategies Fair value hedge instruments The impact on the income statement of the bond hedging instruments which is recorded in the item “Financial interest on debt” in the Consolidated Statement of Income is detailed as follows: ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, ​ ​ ​ (M$) 2023 2022 2021 Revaluation impact at market value of bonds (765) 3,817 3,199 Swaps hedging bonds 767 (3,822) (3,209) INEFFECTIVE PORTION OF THE FAIR VALUE HEDGE 2 (5) (10) ​ 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, 2023, 2022 and 2021 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$) 2023 2022 2021 Profit (Loss) recorded in other comprehensive income of the period ​ 128 ​ 72 ​ (167) Recycled amount from other comprehensive income to the income statement of the period 140 (55) (113) ​ As of December 31, 2023, 2022 and 2021, the ineffective portion of these financial instruments is nil. Hedging instruments and hedged items by strategy Fair Value Hedge The following charts regarding Fair Value Hedge, disclose by nature of hedging instruments (Interest Rate Swaps and Cross Currency Swaps): - The nominal amounts and carrying amounts of hedging instruments; - The carrying amounts of hedged items and cumulative FVH adjustments included in the carrying amounts of the hedged items; - The hedged items that have ceased to be adjusted for hedging gains and losses. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (M$) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 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 ​ 3,500 — (86) — ​ (3,457) ​ — ​ 43 ​ Financial assets ​ ​ Cross Currency ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Financial debt / Bonds Swaps ​ 4,671 45 (559) — ​ (4,232) ​ — ​ 439 ​ Financial assets End of hedging (before 2018) ​ ​ ​ — ​ — ​ — ​ — ​ — ​ — ​ 10 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (M$) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cumulative FVH ​ ​ ​ ​ Nominal ​ ​ ​ ​ adjustments included ​ ​ ​ ​ amount of Carrying amount of ​ Carrying amount of ​ in the carrying amount ​ Line items in the ​ Hedging ​ hedging hedging instruments ​ hedged items ​ of the hedged items ​ statement of Hedged items instruments instruments Assets Liabilities Assets Liabilities Assets Liabilities financial position ​ ​ Interest Rate ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Financial debt / Bonds ​ Swaps ​ 5,000 — (151) — ​ (4,892) ​ — ​ 108 ​ Financial assets ​ Cross Currency ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Financial debt / Bonds ​ Swaps ​ 7,029 — (1,124) — ​ (5,982) ​ — ​ 1,047 ​ Financial assets End of hedging (before 2018) ​ ​ ​ — ​ — ​ — ​ — ​ — ​ — ​ (8) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, 2021 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cumulative FVH ​ ​ (M$) ​ 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 ​ 6,767 ​ 303 ​ (36) ​ — ​ (7,037) ​ — ​ (837) ​ Financial debt / Financial assets Bonds ​ Cross Currency ​ 9,566 ​ 154 ​ (382) ​ — ​ (8,865) ​ — ​ 701 ​ Financial debt / Financial assets End of hedging (before 2018) ​ ​ — ​ — ​ — ​ — ​ — ​ — ​ (27) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 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, 2023 ​ hedging ​ hedging ​ hedging instruments ​ statement of (M$) instruments instruments Assets ​ Liabilities ​ financial position ​ Interest Rate ​ ​ ​ Financial debt / Bonds ​ Swaps ​ 12,023 ​ 611 ​ — ​ Financial assets ​ ​ Cross Currency ​ ​ ​ ​ ​ ​ ​ Financial debt / Bonds Swaps 17,511 108 (1,821) Financial assets ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Nominal ​ ​ ​ Nature of ​ amount of ​ Carrying amount of ​ Line items in the For the year ended December 31, 2022 ​ hedging ​ hedging ​ hedging instruments ​ statement of (M$) instruments instruments Assets ​ Liabilities ​ financial position ​ Interest Rate ​ ​ ​ Financial debt / Bonds ​ Swaps ​ 12,782 ​ 815 ​ (2) ​ Financial assets ​ ​ Cross Currency ​ ​ ​ ​ ​ ​ ​ Financial debt / Bonds Swaps 17,511 — (2,731) Financial assets ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 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$) instruments instruments Assets ​ Liabilities ​ financial position ​ ​ Interest Rate ​ ​ ​ ​ Financial debt / Bonds ​ Swaps ​ 12,782 ​ — ​ (736) ​ Financial assets ​ ​ Cross Currency ​ ​ ​ ​ ​ ​ ​ Financial debt / Bonds Swaps 17,511 372 (660) Financial assets ​ ​ C) Maturity of derivative instruments The maturity of the notional amounts of derivative instruments, excluding the commodity contracts, is detailed in the following table: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, 2023 ​ ​ ​ Notional ​ ​ ​ Notional value schedule (M$) ​ Fair value ​ Fair 2025 ​ ​ ​ ​ 2029 Assets / (Liabilities) ​ value ​ 2024 ​ value and beyond ​ 2025 ​ 2026 ​ 2027 ​ 2028 and beyond Fair value hedge ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Swaps hedging bonds (assets) — 250 45 403 ​ ​ ​ ​ ​ ​ ​ ​ ​ Swaps hedging bonds (liabilities) (75) 1,837 (570) 5,681 ​ ​ ​ ​ ​ ​ ​ ​ ​ Total swaps hedging bonds - Fair value hedge (75) 2,087 (525) 6,084 1,630 ​ 202 ​ 820 ​ 1,000 ​ 2,432 Cash flow hedge ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Swaps hedging bonds (assets) 91 2,114 628 14,830 ​ ​ ​ ​ ​ ​ ​ ​ ​ Swaps hedging bonds (liabilities) (193) 1,574 (1,628) 11,016 ​ ​ ​ ​ ​ ​ ​ ​ ​ Total swaps hedging bonds - Cash flow hedge (102) 3,688 (1,000) 25,846 4,509 ​ 4,153 ​ 2,135 ​ 4,686 ​ 10,363 Forward exchange contracts related to operating activities (assets) 2 83 8 311 ​ ​ ​ ​ ​ ​ ​ ​ ​ Forward exchange contracts related to operating activities (liabilities) (14) 234 (2) 240 ​ ​ ​ ​ ​ ​ ​ ​ ​ Total forward exchange contracts related to operating activities (12) 317 6 551 285 ​ 266 ​ — ​ — ​ — Held for trading ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other interest rate swaps (assets) 149 38,415 393 7,690 ​ ​ ​ ​ ​ ​ ​ ​ ​ Other interest rate swaps (liabilities) (94) 37,170 (208) 7,407 ​ ​ ​ ​ ​ ​ ​ ​ ​ Total other interest rate swaps 55 75,585 185 15,097 8,692 ​ 1,580 ​ 1,500 ​ 1,908 ​ 1,417 Currency swaps and forward exchange contracts (assets) 66 10,325 21 1,071 ​ ​ ​ ​ ​ ​ ​ ​ ​ Currency swaps and forward exchange contracts (liabilities) (84) 8,513 (32) 773 ​ ​ ​ ​ ​ ​ ​ ​ ​ Total currency swaps and forward exchange contracts (18) 18,838 (11) 1,844 1,840 ​ (2) ​ 6 ​ — ​ — ​ 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, 2022 ​ ​ ​ Notional ​ ​ ​ Notional value schedule (M$) ​ Fair ​ value ​ Fair ​ 2024 ​ ​ ​ ​ ​ ​ ​ ​ ​ 2028 Assets / (Liabilities) ​

Financial instruments related t

Financial instruments related to commodity contracts	12 Months Ended
	Dec. 31, 2023
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, 2023 ​ Gross value ​ Amounts ​ sheet value ​ Other ​ ​ ​ ​ (M$) ​ before offsetting ​ offset ​ presented ​ amounts not ​ Net carrying ​ Fair Assets / (Liabilities) assets liabilities assets (c) liabilities (c) assets liabilities offset amount value (b) Gas & Power activities ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Swaps 116 (125) (27) 27 89 (98) — (9) (9) Forwards (a) 5,875 (6,369) (253) 253 5,622 (6,116) — (494) (494) Options 540 — — — 540 — — 540 540 Futures 2 — — — 2 — — 2 2 Other/Collateral — — — — — — 109 109 109 Total Gas & Power 6,533 (6,494) (280) 280 6,253 (6,214) 109 148 148 Crude oil, petroleum products and freight rates activities ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Petroleum products, crude oil and freight rate swaps 66 (50) (28) 28 38 (22) — 16 16 Forwards (a) 655 (1,348) (13) 13 642 (1,335) — (693) (693) Options 23 (97) (23) 23 — (74) — (74) (74) Futures 1 ​ — ​ — ​ — ​ 1 ​ — ​ — ​ 1 ​ 1 Options on futures ​ 287 ​ (214) ​ (209) ​ 209 ​ 78 ​ (5) ​ — ​ 73 ​ 73 Other/Collateral — — — — — — — ​ — — Total crude oil, petroleum products and freight rates 1,032 (1,709) (273) 273 759 (1,436) — (677) (677) TOTAL 7,565 (8,203) (553) 553 7,012 (7,650) 109 (529) (529) Total of fair value non recognized in the balance sheet ​ ​ ​ ​ ​ ​ ​ ​ — (a) Forwards: contracts resulting in physical delivery are accounted for as derivative commodity contracts and included in the amounts shown. (b) When the fair value of derivatives listed on an organized exchange market (futures, options on futures and swaps) is offset with the margin call received or paid in the balance sheet, this fair value is set to zero. (c) Amounts offset in accordance with IAS 32. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net balance ​ ​ ​ As of December 31, 2022 ​ Gross value ​ Amounts ​ sheet value ​ Other ​ ​ ​ ​ (M$) ​ before offsetting ​ offset ​ presented ​ amounts not ​ Net carrying ​ Fair Assets / (Liabilities) assets liabilities assets (c) liabilities (c) assets liabilities offset amount value (b) Gas & Power activities ​ ​ ​ ​ ​ ​ ​ ​ ​ Swaps 1,268 (449) (18) 18 1,250 (431) — 819 819 Forwards (a) 18,014 (18,638) (1,994) 1,994 16,020 (16,644) — (624) (624) Options 2,143 (1) (1) 1 2,142 — — 2,142 2,142 Futures 13 (3) — — 13 (3) — 10 10 Other/Collateral — — — — — — (406) (406) (406) Total Gas & Power 21,438 (19,091) (2,013) 2,013 19,425 (17,078) (406) 1,941 1,941 Crude oil, petroleum products and freight rates activities ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Petroleum products, crude oil and freight rate swaps 122 (114) (58) 58 64 (56) — 8 8 Forwards (a) 631 (1,489) (7) 7 624 (1,482) — (858) (858) Options 76 (227) (69) 69 7 (158) — (151) (151) Futures — — — — — — — — — Options on futures 113 (13) (13) 13 100 — — 100 100 Other/Collateral — — — — — — — — — Total crude oil, petroleum products and freight rates 942 (1,843) (147) 147 795 (1,696) — (901) (901) TOTAL 22,380 (20,934) (2,160) 2,160 20,220 (18,774) (406) 1,040 1,040 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, 2021 ​ Gross value ​ Amounts ​ sheet value ​ Other ​ ​ ​ ​ (M$) ​ before offsetting ​ offset ​ presented ​ amounts not ​ Net carrying ​ Fair Assets / (Liabilities) assets liabilities assets (c) liabilities (c) assets liabilities offset amount value (b) Gas & Power activities ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Swaps 92 (385) (35) 35 57 (350) — (293) (293) Forwards (a) 21,752 (16,954) (2,120) 2,120 19,632 (14,834) — 4,798 4,798 Options 1,953 (63) (3) 3 1,950 (60) — 1,890 1,890 Futures 418 (430) (183) 183 235 (247) — (12) (12) Other/Collateral — — — — — — 382 382 382 Total Gas & Power 24,215 (17,832) (2,341) 2,341 21,874 (15,491) 382 6,765 6,765 Crude oil, petroleum products and freight rates activities ​ ​ ​ ​ ​ ​ ​ ​ ​ Petroleum products, crude oil and freight rate swaps 245 (289) (166) 166 79 (123) — (44) (44) Forwards (a) 411 (444) (88) 88 323 (356) — (33) (33) Options 68 (236) (40) 40 28 (196) — (168) (168) Futures — — — — — — — — — Options on futures 186 (78) (78) 78 108 — — 108 108 Other/Collateral — — — — — — 344 344 344 Total crude oil, petroleum products and freight rates 910 (1,047) (372) 372 538 (675) 344 207 207 TOTAL 25,125 (18,879) (2,713) 2,713 22,412 (16,166) 726 6,972 6,972 Total of fair value non recognized in the balance sheet — (a) Forwards: contracts resulting in physical delivery are accounted for as derivative commodity contracts and included in the amounts shown. (b) When the fair value of derivatives listed on an organized exchange market (futures, options on futures and swaps) is offset with the margin call received or paid in the balance sheet, this fair value is set to zero. (c) Amounts offset in accordance with IAS 32. ​ Commitments on crude oil and refined products have, for the most part, a short-term maturity (less than one year The changes in fair value of financial instruments related to commodity contracts are detailed as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, Fair value Impact on Settled ​ Fair value as of (M$) ​ as of January 1, ​ income ​ contracts ​ Other ​ December 31, Gas & Power activities ​ ​ ​ ​ ​ 2023 2,347 (5,792) 3,681 (197) ​ 39 2022 6,383 11,406 (15,628) 186 ​ 2,347 2021 (1,928) 6,817 1,408 86 6,383 Crude oil, petroleum products and freight rates activities 2023 (901) 11,033 (10,812) 3 (677) 2022 (137) 5,891 (6,655) – (901) 2021 (310) 3,950 (3,777) – (137) ​ 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, 2023 ​ identical ​ observable data ​ non observable ​ ​ (M$) assets (level 1) (level 2) data (level 3) Total Gas & Power activities 1,054 1,677 (2,692) 39 Crude oil, petroleum products and freight rates activities 73 (750) — (677) TOTAL 1,127 927 (2,692) (638) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Quoted prices ​ ​ ​ ​ ​ ​ ​ ​ in active markets for ​ Prices based on ​ Prices based on ​ ​ As of December 31, 2022 ​ identical ​ observable data ​ non observable ​ ​ (M$) assets (level 1) (level 2) data (level 3) Total Gas & Power activities 1,034 1,678 (365) 2,347 Crude oil, petroleum products and freight rates activities 98 (999) – (901) TOTAL 1,132 679 (365) 1,446 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 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 Gas & 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 ​ 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. The management of positions is carried out on the basis of a net value of LNG purchase and sale commitments; the valuation of contracts is based on observable market data, such as commodity forward prices, but it also takes into account unobservable data on contract performance (assumptions on the variable terms of the contracts, on the availability of infrastructures, on the performance of counterparties). The valuation of LNG contracts is sensitive to changes in oil and natural gas prices on North American, Asian and European markets, as well as to these assumptions on contract performance. TotalEnergies’ management horizon is 12 months in 2023 (as in 2022 and 2021), and includes the full annual delivery program of LNG cargoes for the following year. The analysis of the fair value of the LNG portfolio over the period beyond 12 months carried out by the Company, allows to verify that there is no material asset or liability to be recognized in its accounts for that period. This analysis, which takes into account the specific characteristics of LNG contracts and of the gas market, including its liquidity, incorporates valuation parameters that are unobservable over this period, in particular Company internal assumptions on the long-term evolution of hydrocarbon prices, the execution of contracts and the performance of counterparties, the renegotiation of price terms in contracts or the exercise of their contractual 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$) ​ 2023 2022 2021 Profit (Loss) recorded in other comprehensive income of the period 2,770 (5,524) 445 Recycled amount from other comprehensive income to the income statement of the period 117 1,317 (56) ​ These financial instruments are mainly European gas, power and CO 2 As of December 31, 2023, the ineffective portion of these financial instruments is $124 million (in 2022 the ineffective portion of the financial instruments was $132 million and nil in 2021). 16.2 Oil, Gas and Power markets related risks management Due to the nature of its business, TotalEnergies has significant oil and gas trading activities as part of its day-to-day operations in order to optimize revenues from its oil and gas production and to obtain favorable pricing to supply its refineries. In its international oil trading business, TotalEnergies usually follows a policy of not selling its future production. However, in connection with this trading business, TotalEnergies, like most other oil companies, uses energy derivative instruments to adjust its exposure to price fluctuations of crude oil, refined products, natural gas, and power. TotalEnergies also uses freight rate derivative contracts in its shipping business to adjust its exposure to freight-rate fluctuations. To hedge against this risk, TotalEnergies uses various instruments such as futures, forwards, swaps and options on organized markets or over-the-counter markets. The list of the different derivatives held by TotalEnergies in these markets is detailed in Note 16.1 to the Consolidated Financial Statements. As part of its gas and power trading activity, TotalEnergies also uses derivative instruments such as futures, forwards, swaps and options in both organized and over-the-counter markets. In general, the transactions are settled at maturity date through physical delivery. TotalEnergies measures its market risk exposure, i.e. one Gas & Power division trading: “value-at-risk” with a 97.5% probability ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, ​ ​ ​ ​ (M$) ​ High ​ Low ​ Average ​ Year end 2023 111 ​ 16 ​ 54 ​ 54 2022 119 ​ 15 ​ 53 ​ 92 2021 80 ​ 9 ​ 28 ​ 30 ​ 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 2023 74 17 37 28 2022 48 9 22 27 2021 36 9 18 12 ​ 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, 2023
Subsequent events
Post closing events	Note 17 Post closing events ​ The transactions related to the service station networks of TotalEnergies in the Netherlands, Belgium, and Luxembourg were finalized in January 2024 for 1.4 billion dollars. (see Note 2.3 “Divestment projects”) In February 2024, TotalEnergies and his partner SOCAR have completed the transaction to sell 15% interest each There are no other post closing events.

Consolidation scope

Consolidation scope	12 Months Ended
	Dec. 31, 2023
Consolidation scope
Consolidation scope	Note 18 Consolidation scope ​ As of December 31, 2023, 1,367 entities are consolidated of which 192 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 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 ​ ​ Dolphin Energy Limited ​ 24.50 % E ​ United Arab Emirates ​ United Arab Emirates ​ ​ E.F. Oil And Gas Limited ​ 100.00 % ​ ​ United Kingdom ​ United Kingdom ​ ​ East African Crude Oil Pipeline (EACOP) Ltd ​ 62.00 % E ​ United Kingdom ​ Uganda ​ ​ 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 ​ ​ Global Forestry Development (GFD) ​ 49.00 % E ​ Belgium ​ Belgium ​ ​ Luna Carbon Storage ANS ​ 40.00 % E ​ Norway ​ Norway ​ ​ Mabruk Oil Operations ​ 49.02 % ​ ​ France ​ Libya ​ ​ Norpipe Oil AS ​ 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 ​ ​ Northern Lights JV DA ​ 33.33 % E ​ Norway ​ Norway ​ ​ 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 ​ ​ TOQAP Guyana B.V. ​ 60.00 % ​ ​ Netherlands ​ Guyana ​ ​ Total Austral ​ 100.00 % ​ ​ France ​ Argentina ​ ​ Total E&P Al Shaheen A/S ​ 100.00 % ​ ​ Denmark ​ Qatar ​ ​ 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 33 ​ 100.00 % ​ ​ France ​ Angola ​ ​ Total E&P Angola Block 39 ​ 100.00 % ​ ​ France ​ Angola ​ ​ Total E&P Chine ​ 100.00 % ​ ​ France ​ China ​ ​ Total E&P Chissonga ​ 100.00 % ​ ​ France ​ Angola ​ ​ 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 Guyane Francaise ​ 100.00 % ​ ​ France ​ France ​ ​ 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 M2 Holdings Limited ​ 100.00 % ​ ​ South Africa ​ South Africa ​ ​ Total E&P Myanmar ​ 100.00 % ​ ​ France ​ Myanmar ​ ​ Total E&P Participations Petrolieres Congo ​ 100.00 % ​ ​ Congo ​ Congo ​ ​ Total E&P Philippines B.V. ​ 100.00 % ​ ​ Netherlands ​ Philippines ​ ​ 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 ​ South Sudan ​ ​ Total E&P Syrie ​ 100.00 % ​ ​ France ​ Syria ​ ​ Total E&P Tajikistan B.V. ​ 100.00 % ​ ​ Netherlands ​ Tajikistan ​ ​ Total Oil and Gas South America ​ 100.00 % ​ ​ France ​ France ​ ​ Total Pars LNG ​ 100.00 % ​ ​ France ​ France ​ ​ Total South Pars ​ 100.00 % ​ ​ France ​ Iran ​ ​ TotalEnergies Anchor USA LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ TotalEnergies BTC B.V. ​ 100.00 % ​ ​ Netherlands ​ Azerbaijan ​ ​ TotalEnergies Carbon Solutions ​ 100.00 % ​ ​ France ​ France ​ ​ TotalEnergies CCS UK Ltd ​ 100.00 % ​ ​ United Kingdom ​ United Kingdom ​ ​ TotalEnergies Denmark ASW ​ 100.00 % ​ ​ United States ​ Denmark ​ ​ TotalEnergies Denmark ASW Pipeline ApS ​ 100.00 % ​ ​ Denmark ​ Denmark ​ ​ TotalEnergies E&P Algerie ​ 100.00 % ​ ​ France ​ Algeria ​ ​ TotalEnergies E&P Algerie Berkine A/S ​ 100.00 % ​ ​ Denmark ​ Algeria ​ ​ TotalEnergies E&P Americas LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ TotalEnergies E&P Colombie ​ 100.00 % ​ ​ France ​ Colombia ​ ​ TotalEnergies E&P New Ventures Inc. ​ 100.00 % ​ ​ United States ​ United States ​ ​ TotalEnergies E&P North Sea UK Ltd ​ 100.00 % ​ ​ United Kingdom ​ United Kingdom ​ ​ TotalEnergies E&P Research & Technology USA LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ TotalEnergies E&P UK Ltd ​ 100.00 % ​ ​ United Kingdom ​ United Kingdom ​ ​ TotalEnergies E&P USA Inc. ​ 100.00 % ​ ​ United States ​ United States ​ ​ TotalEnergies E&P USA Oil Shale LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ TotalEnergies E&P USA Well Containment LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ TotalEnergies East Africa Midstream B.V. ​ 100.00 % ​ ​ Netherlands ​ Uganda ​ ​ TotalEnergies EP (Brunei) B.V. ​ 100.00 % ​ ​ Netherlands ​ Brunei ​ ​ TotalEnergies EP Absheron B.V. ​ 100.00 % ​ ​ Netherlands ​ Azerbaijan ​ ​ TotalEnergies EP Abu Al Bu Khoosh ​ 100.00 % ​ ​ France ​ United Arab Emirates ​ ​ TotalEnergies EP Angola ​ 100.00 % ​ ​ France ​ Angola ​ ​ TotalEnergies EP Angola Block 17.06 ​ 100.00 % ​ ​ France ​ Angola ​ ​ TotalEnergies EP Angola Block 20 ​ 100.00 % ​ ​ France ​ Angola ​ ​ TotalEnergies EP Angola Block 25 ​ 100.00 % ​ ​ France ​ Angola ​ ​ TotalEnergies EP Angola Block 29 ​ 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 Asia Pacific Pte. Ltd ​ 100.00 % ​ ​ Singapore ​ Singapore ​ ​ TotalEnergies EP Azerbaijan B.V. ​ 100.00 % ​ ​ Netherlands ​ Azerbaijan ​ ​ TotalEnergies EP Block 9 ​ 100.00 % ​ ​ France ​ Lebanon ​ ​ TotalEnergies EP Bolivie ​ 100.00 % ​ ​ France ​ Bolivia ​ ​ 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 Congo ​ 85.00 % ​ ​ Congo ​ Congo ​ ​ TotalEnergies EP Cyprus B.V. ​ 100.00 % ​ ​ Netherlands ​ Cyprus ​ ​ TotalEnergies EP Danmark A/S ​ 100.00 % ​ ​ Denmark ​ Denmark ​ ​ TotalEnergies EP Danmark A/S - CPH ​ 100.00 % ​ ​ Denmark ​ Denmark ​ ​ TotalEnergies EP Dolphin Holdings ​ 100.00 % ​ ​ France ​ France ​ ​ TotalEnergies EP Dolphin Midstream ​ 100.00 % ​ ​ France ​ France ​ ​ TotalEnergies EP Dolphin Upstream ​ 100.00 % ​ ​ France ​ Qatar ​ ​ TotalEnergies EP France ​ 100.00 % ​ ​ France ​ France ​ ​ TotalEnergies EP Gabon ​ 58.28 % ​ ​ Gabon ​ Gabon ​ ​ TotalEnergies EP Gass Handel Norge AS ​ 100.00 % ​ ​ Norway ​ Norway ​ ​ TotalEnergies EP Gastransport Nederland B.V. ​ 100.00 % ​ ​ Netherlands ​ Netherlands ​ ​ TotalEnergies EP Golfe ​ 100.00 % ​ ​ France ​ Qatar ​ ​ TotalEnergies EP Greece B.V. ​ 100.00 % ​ ​ Netherlands ​ Greece ​ ​ TotalEnergies EP Guyana B.V. ​ 100.00 % ​ ​ Netherlands ​ Guyana ​ ​ TotalEnergies EP Holding UAE B.V. ​ 100.00 % ​ ​ Netherlands ​ United Arab Emirates ​ ​ 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 Liban S.A.L. ​ 100.00 % ​ ​ Lebanon ​ Lebanon ​ ​ TotalEnergies EP Libye ​ 100.00 % ​ ​ France ​ Libya ​ ​ TotalEnergies EP Lower Zakum B.V. ​ 100.00 % ​ ​ Netherlands ​ United Arab Emirates ​ ​ TotalEnergies EP Malaysia ​ 100.00 % ​ ​ France ​ Malaysia ​ ​ TotalEnergies EP Mauritania Block C18 B.V. ​ 100.00 % ​ ​ Netherlands ​ Mauritania ​ ​ TotalEnergies EP Mauritania Block C9 B.V. ​ 100.00 % ​ ​ Netherlands ​ Mauritania ​ ​ TotalEnergies EP Mauritania Blocks DW B.V. ​ 100.00 % ​ ​ Netherlands ​ Mauritania ​ ​ TotalEnergies EP Mauritanie ​ 100.00 % ​ ​ France ​ Mauritania ​ ​ 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 Block 11 B.V. ​ 100.00 % ​ ​ France ​ Oman ​ ​ 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 Qatar 2 ​ 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 Sebuku ​ 100.00 % ​ ​ France ​ Indonesia ​ ​ 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 Thailand ​ 100.00 % ​ ​ France ​ Thailand ​ ​ TotalEnergies EP UAE Unconventional Gas B.V. ​ 100.00 % ​ ​ Netherlands ​ United Arab Emirates ​ ​ TotalEnergies EP Uganda S.A.S. ​ 100.00 % ​ ​ France ​ Uganda ​ ​ TotalEnergies EP Umm Lulu SARB ​ 100.00 % ​ ​ France ​ United Arab Emirates ​ ​ TotalEnergies EP Umm Shaif Nasr B.V. ​ 100.00 % ​ ​ Netherlands ​ United Arab Emirates ​ ​ TotalEnergies EP Venezuela B.V. ​ 100.00 % ​ ​ Netherlands ​ Venezuela ​ ​ TotalEnergies EP Vostok LLC ​ 100.00 % ​ ​ Russia ​ Russia ​ ​ TotalEnergies EP Waha ​ 100.00 % ​ ​ France ​ Libya ​ ​ 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 EACOP S.A.S. ​ 100.00 % ​ ​ France ​ Uganda ​ ​ TotalEnergies Holdings International B.V. ​ 100.00 % ​ ​ Netherlands ​ Netherlands ​ ​ TotalEnergies Holdings Nederland B.V. ​ 100.00 % ​ ​ Netherlands ​ Netherlands ​ ​ TotalEnergies Jack USA LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ 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 II, LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ Uintah Colorado Resources, LLC ​ 66.67 % ​ ​ United States ​ United States ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Business ​ % Company ​ Country of ​ segment ​ Statutory corporate name ​ interest ​ Method ​ incorporation ​ Country of operations Integrated LNG ​ ​ ​ ​ ​ ​ Abu Dhabi Gas Liquefaction Company Limited ​ 5.00 % E ​ United Arab Emirates ​ United Arab Emirates ​ ​ Adani Total Gas Ltd ​ 37.40 % E ​ India ​ India ​ ​ Adani Total LNG Singapore Pte. Ltd ​ 50.00 % E ​ Singapore ​ Singapore ​ ​ Adani Total Private Limited (d) ​ 50.00 % E ​ India ​ India ​ ​ Angola LNG Ltd ​ 13.60 % E ​ Bermuda ​ Angola ​ ​ 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 ​ ​ Cameron LNG Holdings LLC ​ 16.60 % E ​ United States ​ United States ​ ​ Colón LNG Marketing S. de R. L. ​ 50.00 % E ​ Panama ​ Panama ​ ​ Côte d'Ivoire GNL ​ 34.00 % E ​ Côte d'Ivoire ​ Côte d'Ivoire ​ ​ Del Rio Funding LLC (a) ​ 59.55 % E ​ United States ​ United States ​ ​ Ductor oy ​ 20.00 % E ​ Finland ​ Finland ​ ​ ECA LNG Holdings B.V. ​ 16.60 % E ​ Netherlands ​ Netherlands ​ ​ Fonroche Energies Renouvelables S.A.S. ​ 100.00 % ​ ​ France ​ France ​ ​ Gas Del Litoral SRLCV ​ 25.00 % E ​ Mexico ​ Mexico ​ ​ 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 ​ ​ Greenflex Actirent Group, S.L. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Greenflex S.A.S. ​ 100.00 % ​ ​ France ​ France ​ ​ Gulf Total Tractebel Power Company PSJC ​ 20.00 % E ​ United Arab Emirates ​ United Arab Emirates ​ ​ Ichthys LNG PTY Limited ​ 26.00 % E ​ Australia ​ Australia ​ ​ Margeriaz Energie ​ 100.00 % ​ ​ France ​ France ​ ​ Marsa LNG, LLC ​ 80.00 % ​ ​ Oman ​ Oman ​ ​ Methanergy ​ 100.00 % ​ ​ France ​ France ​ ​ 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 ​ ​ National Gas Shipping Company Limited ​ 5.00 % E ​ United Arab Emirates ​ United Arab Emirates ​ ​ Nigeria LNG Limited ​ 15.00 % E ​ Nigeria ​ Nigeria ​ ​ Nyk Armateur S.A.S. ​ 50.00 % E ​ France ​ France ​ ​ Oman LNG, LLC ​ 5.54 % E ​ Oman ​ Oman ​ ​ Papua LNG Development Pte Ltd ​ 100.00 % ​ ​ Singapore ​ Papua New Guinea ​ ​ PGB Energetyka ​ 100.00 % ​ ​ Poland ​ Poland ​ ​ PGB Energetyka 1 ​ 100.00 % ​ ​ Poland ​ Poland ​ ​ PGB Energetyka 10 ​ 100.00 % ​ ​ Poland ​ Poland ​ ​ PGB Energetyka 11 ​ 100.00 % ​ ​ Poland ​ Poland ​ ​ PGB Energetyka 12 ​ 100.00 % ​ ​ Poland ​ Poland ​ ​ PGB Energetyka 13 ​ 100.00 % ​ ​ Poland ​ Poland ​ ​ PGB Energetyka 14 ​ 100.00 % ​ ​ Poland ​ Poland ​ ​ PGB Energetyka 15 ​ 100.00 % ​ ​ Poland ​ Poland ​ ​ PGB Energetyka 16 ​ 100.00 % ​ ​ Poland ​ Poland ​ ​ PGB Energetyka 17 ​ 100.00 % ​ ​ Poland ​ Poland ​ ​ PGB Energetyka 18 ​ 100.00 % ​ ​ Poland ​ Poland ​ ​ PGB Energetyka 19 ​ 100.00 % ​ ​ Poland ​ Poland ​ ​ PGB Energetyka 2 ​ 100.00 % ​ ​ Poland ​ Poland ​ ​ PGB Energetyka 20 ​ 100.00 % ​ ​ Poland ​ Poland ​ ​ PGB Energetyka 21 ​ 100.00 % ​ ​ Poland ​ Poland ​ ​ PGB Energetyka 22 ​ 100.00 % ​ ​ Poland ​ Poland ​ ​ PGB Energetyka 23 ​ 100.00 % ​ ​ Poland ​ Poland ​ ​ PGB Energetyka 24 ​ 100.00 % ​ ​ Poland ​ Poland ​ ​ PGB Energetyka 25 ​ 100.00 % ​ ​ Poland ​ Poland ​ ​ PGB Energetyka 26 ​ 100.00 % ​ ​ Poland ​ Poland ​ ​ PGB Energetyka 27 ​ 100.00 % ​ ​ Poland ​ Poland ​ ​ PGB Energetyka 28 ​ 100.00 % ​ ​ Poland ​ Poland ​ ​ PGB Energetyka 3 ​ 100.00 % ​ ​ Poland ​ Poland ​ ​ PGB Energetyka 4 ​ 100.00 % ​ ​ Poland ​ Poland ​ ​ PGB Energetyka 5 ​ 100.00 % ​ ​ Poland ​ Poland ​ ​ PGB Energetyka 6 ​ 100.00 % ​ ​ Poland ​ Poland ​ ​ PGB Energetyka 7 ​ 100.00 % ​ ​ Poland ​ Poland ​ ​ PGB Energetyka 8 ​ 100.00 % ​ ​ Poland ​ Poland ​ ​ PGB Energetyka 9 ​ 100.00 % ​ ​ Poland ​ Poland ​ ​ PGB Inwestycje ​ 100.00 % ​ ​ Poland ​ Poland ​ ​ PGB Serwis ​ 100.00 % ​ ​ Poland ​ Poland ​ ​ Polska Grupa Biogazowa S.A. ​ 100.00 % ​ ​ Poland ​ Poland ​ ​ Qatar Liquefied Gas Company Limited ​ 10.00 % E ​ Qatar ​ Qatar ​ ​ Qatar Liquefied Gas Company Limited (II) ​ 16.70 % E ​ Qatar ​ Qatar ​ ​ Qatar Liquified Gas Company Limited 10 (QG10) - NFS Project ​ 25.00 % E ​ Qatar ​ Qatar ​ ​ Qatar Liquified Gas Company Limited 5 (QG5) - NFE Project ​ 25.00 % E ​ Qatar ​ Qatar ​ ​ Rio Grande LNG Intermediate Holdings, LLC (b) ​ 20.31 % E ​ United States ​ United States ​ ​ South Hook LNG Terminal Company Limited ​ 8.35 % E ​ United Kingdom ​ United Kingdom ​ ​ Total E&P Indonesie ​ 100.00 % ​ ​ France ​ Indonesia ​ ​ Total Energies Biogaz France ​ 100.00 % ​ ​ France ​ France ​ ​ Total Eren H2 ​ 80.00 % E ​ France ​ France ​ ​ Total Shenergy LNG (Shanghai) Co., Ltd. ​ 49.00 % E ​ China ​ China ​ ​ TotalEnergies Australia Unit Trust (c) ​ 0.00 % ​ ​ Australia ​ Australia ​ ​ TotalEnergies Biogas Holdings USA, LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ TotalEnergies CCS Australia Pty Ltd ​ 100.00 % ​ ​ Australia ​ Australia ​ ​ TotalEnergies E&P Yamal ​ 100.00 % ​ ​ France ​ France ​ ​ TotalEnergies EP Angola Developpement Gaz ​ 100.00 % ​ ​ France ​ Angola ​ ​ TotalEnergies EP Australia ​ 100.00 % ​ ​ France ​ Australia ​ ​ TotalEnergies EP Australia II ​ 100.00 % ​ ​ France ​ Australia ​ ​ TotalEnergies EP Australia III ​ 100.00 % ​ ​ France ​ Australia ​ ​ TotalEnergies EP Barnett USA ​ 100.00 % ​ ​ United States ​ United States ​ ​ TotalEnergies EP Holding Mauritius Ltd ​ 100.00 % ​ ​ Mauritius Island ​ Mauritius Island ​ ​ TotalEnergies EP Holdings Australia Pty Ltd ​ 100.00 % ​ ​ Australia ​ Australia ​ ​ TotalEnergies EP Ichthys Holdings ​ 100.00 % ​ ​ France ​ France ​ ​ TotalEnergies EP Ichthys Pty Ltd ​ 100.00 % ​ ​ Australia ​ Australia ​ ​ TotalEnergies EP Mozambique Area1, Ltda ​ 100.00 % ​ ​ Mozambique ​ Mozambique ​ ​ TotalEnergies EP Oman Block 12 B.V. ​ 100.00 % ​ ​ Netherlands ​ Oman ​ ​ TotalEnergies EP Oman Development B.V. ​ 100.00 % ​ ​ Netherlands ​ Oman ​ ​ TotalEnergies EP PNG Ltd ​ 100.00 % ​ ​ Papua New Guinea ​ Papua New Guinea ​ ​ TotalEnergies EP PNG2 B.V. ​ 100.00 % ​ ​ Netherlands ​ Papua New Guinea ​ ​ TotalEnergies EP Salmanov ​ 100.00 % ​ ​ France ​ France ​ ​ TotalEnergies EP Singapore Pte. Ltd. ​ 100.00 % ​ ​ Singapore ​ Singapore ​ ​ TotalEnergies EP Tengah ​ 100.00 % ​ ​ France ​ Indonesia ​ ​ TotalEnergies EP Transshipment S.A.S. ​ 100.00 % ​ ​ France ​ France ​ ​ TotalEnergies Exploration Australia Pty Ltd ​ 100.00 % ​ ​ Australia ​ Australia ​ ​ TotalEnergies Gas & Power Asia Private Limited ​ 100.00 % ​ ​ Singapore ​ Singapore ​ ​ TotalEnergies Gas & Power Brazil ​ 100.00 % ​ ​ France ​ France ​ ​ TotalEnergies Gas & Power Holdings UK Ltd ​ 100.00 % ​ ​ United Kingdom ​ United Kingdom ​ ​ TotalEnergies Gas & Power Ltd ​ 100.00 % ​ ​ United Kingdom ​ United Kingdom ​ ​ TotalEnergies Gas & Power Ltd, London, Meyrin - Geneva branch ​ 100.00 % ​ ​ United Kingdom ​ Switzerland ​ ​ TotalEnergies Gas & Power North America, Inc. ​ 100.00 % ​ ​ United States ​ United States ​ ​ TotalEnergies Gas & Power Services UK Ltd ​ 100.00 % ​ ​ United Kingdom ​ United Kingdom ​ ​ TotalEnergies Gas Holdings Andes ​ 100.00 % ​ ​ France ​ France ​ ​ TotalEnergies Gas Pipeline USA, Inc. ​ 100.00 % ​ ​ United States ​ United States ​ ​ TotalEnergies Gas y Electricidad Argentina S.A. ​ 100.00 % ​ ​ Argentina ​ Argentina ​ ​ TotalEnergies Gaz & Electricite Holdings ​ 100.00 % ​ ​ France ​ France ​ ​ TotalEnergies GLNG Australia ​ 100.00 % ​ ​ France ​ Australia ​ ​ TotalEnergies GLNG Holdings Australia S.A.S. ​ 100.00 % ​ ​ France ​ Australia ​ ​ TotalEnergies LNG Angola ​ 100.00 % ​ ​ France ​ France ​ ​ TotalEnergies LNG services France ​ 100.00 % ​ ​ France ​ France ​ ​ TotalEnergies Sviluppo Italia S.R.L. ​ 100.00 % ​ ​ Italy ​ Italy ​ ​ TotalEnergies USA International LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ TotalEnergies Ventures Emerging Markets ​ 100.00 % ​ ​ France ​ France ​ ​ TotalEnergies Ventures Europe ​ 100.00 % ​ ​ France ​ France ​ ​ TotalEnergies Ventures International ​ 100.00 % ​ ​ France ​ France ​ ​ TotalEnergies Yemen LNG Company Ltd ​ 100.00 % ​ ​ Bermuda ​ Bermuda ​ ​ Transportadora de Gas del Mercosur S.A. ​ 32.68 % E ​ Argentina ​ Argentina ​ ​ Yamal LNG ​ 20.02 % E ​ Russia ​ Russia ​ ​ Yemen LNG Company Limited ​ 39.62 % E ​ Bermuda ​ Yemen ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Business ​ % Company ​ Country of ​ segment ​ Statutory corporate name ​ interest ​ Method ​ incorporation ​ Country of operations Integrated Power ​ ​ ​ ​ ​ ​ Abarloar Solar S.L.U. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Abeto Solar, S.L. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Access Building Egypt Solar One ​ 100.00 % ​ ​ Egypt ​ Egypt ​ ​ Access Egypt Solar One ​ 100.00 % ​ ​ Egypt ​ Egypt ​ ​ Adani Green Energy Ltd ​ 19.75 % E ​ India ​ India ​ ​ Adani Green Energy Twenty Three Limited ​ 50.00 % E ​ India ​ India ​ ​ Adani Renewable Energy Holding Nine Limited ​ 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 ​ ​ Alberche Conex, S.L. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Alcad AB ​ 100.00 % ​ ​ Sweden ​ Sweden ​ ​ Alicante ​ 50.00 % E ​ France ​ France ​ ​ Alicante 2 ​ 50.00 % E ​ France ​ France ​ ​ Altergie Territoires 2 ​ 44.58 % 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 ​ ​ Anemopetra ​ 100.00 % ​ ​ Greece ​ Greece ​ ​ Arbotante Solar, S.L.U. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Armada Solar, S.L.U. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Atolón Solar, S.L.U. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Attentive Energy, LLC ​ 56.00 % E ​ United States ​ United States ​ ​ Auriga Generacion S.L. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Automotive Cells Company, S.E. ​ 33.33 % E ​ France ​ France ​ ​ Avenir Solaire Portfolio ​ 100.00 % ​ ​ France ​ France ​ ​ Baker Creek Solar, LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ Ballupur Solar Power Projects Private Ltd ​ 50.00 % E ​ India ​ India ​ ​ Baser Comercializadora de Referencia ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Bidasoa Conex, S.L. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ BJL11 ​ 90.00 % ​ ​ Brazil ​ Brazil ​ ​ BJL4 ​ 90.00 % ​ ​ Brazil ​ Brazil ​ ​ Brazoria Solar I, LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ Brazoria Solar II, LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ Brur LP ​ 44.64 % ​ ​ Israel ​ Israel ​ ​ Budeshte Agro ​ 100.00 % ​ ​ Bulgaria ​ Bulgaria ​ ​ Caramulo SE ​ 100.00 % ​ ​ Portugal ​ Portugal ​ ​ Castellaneta ​ 100.00 % ​ ​ Italy ​ Italy ​ ​ Castille ​ 50.00 % E ​ France ​ France ​ ​ CDV Holding S.A. ​ 34.00 % E ​ Brazil ​ Brazil ​ ​ 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 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 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 21.09-3 ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire 21.09-4 ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire APV R&D ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Autoprod ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Bayet ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Beauce Val de Loire ​ 60.00 % ​ ​ France ​ France ​ ​ Centrale Solaire CET La Babiniere ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Chemin De Melette ​ 51.00 % E ​ France ​ France ​ ​ Centrale Solaire De Cazedarnes ​ 75.00 % ​ ​ France ​ France ​ ​ Centrale Solaire de La Bezassade ​ 100.00 % ​ ​ 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 Golbey ​ 51.05 % E ​ France ​ France ​ ​ Centrale Solaire Guinots ​ 60.00 % E ​ France ​ France ​ ​ Centrale Solaire Heliovale ​ 59.63 % E ​ France ​ France ​ ​ Centrale Solaire La Castello ​ 100.00 % ​ ​ 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 Lacoste ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Le Carteyrou ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Le Trabet ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Les Cordeliers ​ 83.98 % ​ ​ France ​ France ​ ​ Centrale Solaire Les Cordeliers 2 ​ 75.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Lodes ​ 50.00 % E ​ France ​ France ​ ​ Centrale Solaire Lot 1 ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Macouria ​ 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 Moussoulens ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Olinoca ​ 10.00 % E ​ France ​ France ​ ​ Centrale Solaire Ombrieres Cap Agathois ​ 83.98 % ​ ​ France ​ France ​ ​ Centrale Solaire Ombrieres De Blyes ​ 60.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Plateau De Pouls ​ 51.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Pouy Negue ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Pouy Negue 2 ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire RENFR 331 ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire RENFR 397 ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire RENFR 628 ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Solarshare Bordeaux ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire SRG Energy ​ 80.00 % E ​ France ​ France ​ ​ Centrale Solaire Terre du Roi ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Toiture Josse ​ 60.00 % E ​ France ​ France ​ ​ Centrale Solaire Touzery ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire TQ 3 ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire TQ 5 ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Vauvoix ​ 60.00 % E ​ France ​ France ​ ​ Cerezo Solar, S.L.U. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Chudiala Solar Power Projects Private Ltd ​ 50.00 % E ​ India ​ India ​ ​ Cidra Solar, S.L.U. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Circinus Energy S.L. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Clean Energy ​ 100.00 % ​ ​ Italy ​ Italy ​ ​ Clean Energy 1 ​ 100.00 % ​ ​ Italy ​ Italy ​ ​ Clinton Solar, LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ Columba Renovables S.L.U. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Comanche Solar, LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ Core Energy Development, LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ Core Fund 1, LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ Core Solar Capital, LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ Core Solar Data, LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ Core Solar Development, LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ Core Solar DG, LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ Core Solar Holdings I, LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ Core Solar Land Holdings I, LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ Core Solar SPV X, LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ Core Solar SPV XV, LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ Core Solar SPV XXIV, LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ Core Solar, LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ Cottonwood Bayou Solar, LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ Cottonwood Bayou Storage, LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ Cowtown Solar, LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ Crc Kern Front Tugboat, LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ CS Carrefour de l’Europe ​ 100.00 % ​ ​ France ​ France ​ ​ CS QUADRAO 2 ​ 100.00 % ​ ​ United States ​ United States ​ ​ Cygnus Environment S.L. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Danish Fields Solar, LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ Danish Fields Storage, LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ Dracena I ​ 100.00 % ​ ​ Brazil ​ Brazil ​ ​ Dracena II ​ 100.00 % ​ ​ Brazil ​ Brazil ​ ​ Dracena IV ​ 100.00 % ​ ​ Brazil ​ Brazil ​ ​ Driza Solar, S.L. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Dubovo ​ 100.00 % ​ ​ Bulgaria ​ Bulgaria ​ ​ Eclipse Solar SPA ​ 100.00 % ​ ​ Chile ​ Chile ​ ​ Ecosol ​ 100.00 % ​ ​ Argentina ​ Argentina ​ ​ Edelweis Solar, S.L.U. ​ 100

Accounting policies (Policies)

Accounting policies (Policies)	12 Months Ended
	Dec. 31, 2023
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, 2023. The accounting principles applied for the consolidated financial statements at December 31, 2023, were the same as those that were used for the financial statements at December 31, 2022, except for amendments and interpretations of IFRS which were mandatory for the periods beginning after January 1, 2023. Their application did not have a significant impact on the financial statements as of December 31, 2023. The international tax reform Pillar 2, which will be applicable in France from January 1, 2024, introduces a minimum tax rate of 15% on the profits of companies in each of their operating countries. TotalEnergies has set up a working group to assess the expected impacts of this reform. Given the high tax rates in its operating countries and the anticipated legislative and regulatory changes in some host countries, the Company does not expect the application of this minimum tax to result in the payment of additional tax in France.
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, 2023 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. Ø 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”. Ø 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 sold in 2023. Impairment of assets and the method applied are described in Note 3 “Business segment information”. Ø 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”. Ø Climate change and energy transition Climate change and the energy transition were considered in preparing the Consolidated Financial Statements. They may have significant impacts on the value of TotalEnergies’s assets and liabilities mentioned below, and on similar assets and liabilities that may be recognized in the future. 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 ongoing energy transition of the word. The Company is thus implementing its transition strategy aimed at ensuring the growth of its energy production to reach a sales mix of 30% oil, 50% gas and 20% electricity and low-carbon molecules by 2030, with carbon intensity (scope 1+2+3) decreasing by 25% compared to 2015. 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, together with society. As in 2021 and 2022, the Board of Directors submitted a Sustainability & Climate - Progress Report 2023 to a consultative vote of the Shareholders of TotalEnergies at the Combined Shareholders’ Meeting. This report gives an account of the progress made in the implementation of the Company’s ambition in terms of sustainable development and energy transition towards carbon neutrality, and with regards to its related objectives for 2030, and it also completes this ambition (resolution approved by 89% of votes). TotalEnergies evaluates the solidity of its portfolio, particularly new material capital expenditure investments, on the basis of relevant scenarios and sensitivity tests. 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, each new investment thus enhancing the resilience of the Company’s portfolio. Economic criteria are analyzed as part of a price scenario for oil and gas that is compatible with the Paris agreement goals (Brent at 50$/b under the IEA APS scenario and Henry Hub at $3 per Mbtu). Even if CO 2 2 2 2 2 All oil and gas projects must help to lower the average intensity of greenhouse gas emissions (Scope 1+2) in their respective category. Currently, that means: – for new oil and gas projects (greenfield and acquisitions), the intensity of Scope 1+2 greenhouse gas emissions is compared, depending on their nature, to the intensity of the average greenhouse gas emissions of the Company’s upstream production assets or that of various downstream units (LNG plants, refineries). – for additional investments in existing assets (brownfield projects), the investment must lower the Scope 1+2 emissions intensity of the asset in question. – for projects involving other energies and technologies (biofuels, biogas, CCS, etc.), the greenhouse-gas emissions reductions are assessed based on their contribution to reducing the Company’s emissions. ​ Besides, as described in Note 3.C “Asset impairment”, in order to ensure the resilience of its assets recognized on the balance sheet, the oil price trajectory retained by the Company for the computation of its impairments converges in the long term towards the price retained in 2050 by the IEA’s NZE scenario, i.e. $25.5 2023 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. Asset impairment The energy transition is likely to have an impact on future oil and gas prices and therefore on the recoverable amount of intangible assets and property, plant and equipment in the oil and gas industry. The principles applied in determining the recoverable amounts are as follows: - The future cash flows were determined using the assumptions included in the 2024 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 hydrocarbons 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 capacity and demand for petroleum products) and by integrating “climate” challenge. - These price scenarios, first prepared within the Strategy & Markets Division, are also reviewed with the Company segments which bring their own expertise. They also integrate studies issued by international agencies, banks and independent consultants. They are then approved by the Executive Committee and the Board of Directors. - The IEA 2023 World Energy Outlook anticipates three scenarios that are key references for the Company: the STEPS (Stated Policies Scenario) and APS (Announced Pledges Scenario) for the short/mid-term and the NZE (Net Zero Emissions by 2050) for the long-term. - The STEPS only includes climate actions already implemented to date around the world and those under development. The APS also takes into account climate ambitions declared to date in the world, including the NDCs (Nationally Determined Contributions) and carbon neutrality ambitions. According to the IEA, it is associated with a temperature increase of around 1.7°C. This scenario is compatible with the objective of the Paris Agreement to limit the temperature increase to “well below 2°C”. The IEA’s NZE is understood as the set of actions to be taken to be compatible with a 1.5°C scenario in 2050 (without overshooting). This normative scenario does not predict oil demand in the short and medium term, and therefore the price scenarios it proposes, particularly in the short and medium term, do not include a “realistic” evolution of demand. In fact, this scenario predicts that oil demand will peak in 2023 and fall by 20% between 2022 and 2030, whereas, according to the latest projections from the IEA, oil demand in 2024 will be higher than in 2023 and will continue to grow until 2028. According to the projections of other energy companies and consultants, demand would rather being to decline toward 2030 (the Oil peak at Wood MacKenzie in 2032, at HIS inflections in 2028). - Beyond the 2020-2030 decade, the oil price trajectory retained by the Company converges in the long term, to the price retained in 2050 by the IEA’s NZE scenario, i.e $25.5 2023 The oil price trajectories adopted by the Company are based on the following assumptions: - Oil demand has experienced sustained growth after the Covid crisis as the global economic recovery generated strong tensions on energy prices from mid-2021 onwards, which exacerbated in 2022 by the war in Ukraine. Despite the risks of recession in Europe in particular, global liquid demand in 2024 should be higher than in 2019 pre-crisis, notably due to the end of lockdown measures in China which allowed the restart of industrial activity. It should continue to grow until 2030, in a context of sustained growth in global energy demand. Indeed, population growth and rising living standards, particularly in emerging countries, should sustain oil consumption, despite the gradual electrification of transport and efficiency gains in combustion engines, mainly in developed countries. In this context, prices would remain supported in the short term by historic production cuts decided (and implemented) by OPEC+ members. In the United States, production in 2023 is expected to be higher than in 2019, and capacities for further growth in shale oil in subsequent years seem to be a consensus. However, recent sector consolidation (Permian, DJ and Bakken) should strengthen discipline on the profitability of these investments and thus contain growth. - The price trajectory used reflects the Company’s analysis that the weakness of investment oil upstream since 2015 oil crisis and accentuated by the health and economic crisis of 2020 (-30% according to the IEA), and the natural decline of fields currently in production, leads to a global supply-demand balance that will remain tight until 2030. Thus in the scenario used, the Brent price stabilizes at $70 2023 - Beyond 2030, given technological developments, particularly in the transport sector, oil demand should have reached its peak and the selected price scenario decreases linearly to reach $50 2023 2023 The average Brent prices over the period 2024-2050 thus stands at $53.8 2023 For natural gas, the transition fuel, the price trajectory adopted by the Company is based on the following assumptions: - Natural gas demand in 2021 has exceeded its pre-crisis level with very strong tensions on prices in Europe and, by extension, in Asia through LNG prices, as a result of the cuts in Russian pipe gas importation that began at the end of 2021 and continued in 2022 with the complete shutdown of the Nordstream. Global gas demand in 2022 was almost at the same level as in 2021. Global demand in 2023 is expectd to be at the same level as in 2022 with the recourse to American LNG to replace Russian gas in Europe, still in competition with Asia. Gas prices in Asia and Europe have returned to much lower levels than the exceptionally high prices reached in the third quarter of 2022 but remain higher than before the crisis. The price of gas in the United States did not experience such a sharp increase in 2022 and has since stabilized. The Company anticipates in 2024 higher prices than before the crisis on the Asia, Europe and slightly on the USA hubs. Thereafter, natural gas demand would be driven by the same fundamentals as oil (decrease in Europe but resistance in Asia-Pacific), plus its substitution for coal in power generation and by its role as a flexible and controllable source to mitigate the intermittent use and seasonality of renewable energies. The abundant global supply and the growth of liquefied natural gas would, however, limit the potential for higher gas prices. Beyond 2040, with the development of renewables including storage and hydrogen, gas demand is expected to stabilize. In this context, the gas price level used to determine the value in use of the CGUs concerned is as follows: On the NBP quotation (Europe): $14.7 2023 2023 2023 2023 On the Henry Hub quotation (United States): $3 2023 On the DES Japan (Asia) quotation: $15.7 2023 2023 2023 2023 From 2040 onwards, the price trajectory converges towards the price retained in 2050 by the NZE scenario, i.e. $4.2 2023 2023 2023 The future operational costs were determined by taking into account the existing technologies, the fluctuation of prices for petroleum services in line with market developments and the internal cost reduction programs effectively implemented. The determination of value in use also takes into account on all identified assets the impact of their CO 2 2 The future cash flows are estimated over a period consistent with the life of the assets of the CGUs. They are prepared post-tax and take into account specific risks related to the CGUs’ assets. They are discounted using an 8% post-tax discount rate, this rate being the weighted-average cost of TotalEnergies capital estimated from historical market data. This rate was 8% in 2022 and 7% in 2021. The value in use calculated by discounting the above post-tax cash flows using an 8% post-tax discount rate is not materially different from the value in use calculated by discounting pre-tax cash flows using a pre-tax discount rate determined by an iterative computation from the post-tax value in use. These pre-tax discount rates generally range from 7% to 14%. Asset impairments are subject to sensitivity testing. In particular, upstream assets are tested as follows: - Decreases of -10% and -20% in the hydrocarbon’s prices, over the duration of the price scenario. - Consideration of a CO 2 cost of $ 200 /t, inflated by 2% per year beyond 2029 for all assets. - Increase or decrease of 1% in the discount rate of future cash flows. Finally, TotalEnergies also reviewed its upstream assets that can be qualified as “stranded”, meaning with reserves beyond 20 years and high production costs, whose overall reserves may therefore not be produced by 2050. The only projects concerned were the Fort Hills and Surmont oil sands projects in Canada that TotalEnergies sold in 2023. The Company’s strategy of focusing new oil investments on low carbon intensity projects and low cost of production also led it to exit from extra heavy crude oil assets in Venezuela’s Orinoco Belt in 2021. The characteristics of TotalEnergies’ portfolio mitigate the risk of having stranded assets in the future if a structural decline in demand for hydrocarbons occurs due to stricter global environmental regulations and constraints and a resulting change in consumer preferences. The Company will continue to review price assumptions as the energy transition progresses and this may result in additional impairment charges in the future. The effect of asset impairments on TotalEnergies’ financial statements and the associated sensitivity calculations are detailed in Note 3.C “Asset impairment”. Exploration assets The energy transition could affect the future development or economic viability of certain exploration assets. 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. These assets will continue to be carefully reviewed as the energy transition progresses, in line with the resulting capital expenditure allocation policy. The effect of exploration activities on the financial statements of TotalEnergies is detailed in Note 7.2 “Property, plant and equipment”. Intangible and tangible assets - depreciation and useful lives The energy transition may curtail the useful life of oil and gas assets, thereby increasing the annual depreciation charges related to these assets. The following accounting principles are applied to the hydrocarbon production assets of exploration and production activities: - 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. - 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. As of December 31, 2023, 2022 and 2021, this alternative method is not 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. Given the characteristics of the Company’s portfolio of oil & gas assets, its current value on the balance sheet will be almost entirely depreciated by 2040. Consequently, TotalEnergies does not anticipate significant changes in the useful life of its existing oil and gas assets that would represent an element of significant judgment impacting its consolidated accounts in the future. The impact of the depreciation of oil and gas assets on the financial statements of TotalEnergies is detailed in Notes 7.1 “Intangible assets” and 7.2 “Property, plant and equipment”. Asset retirement obligations The energy transition may bring forward asset retirement obligations of certain oil and gas assets, thereby increasing the present value of the associated provisions. 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 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 5% in 2023, it was 4% in 2022 and 3% in 2021 (the expenses are estimated at current currency values with an inflation rate of 2% in 2023 and 2022 and 1.5% in 2021). In upstream activities, in application of its internal procedures, TotalEnergies regularly reviews, on an asset-by-asset basis, the estimate of its future asset retirement costs, as well as the date at which work will be performed. The assets and liabilities recognized in respect of retirement obligations under these rules as described in Note 12.1 “Provisions and other non-current liabilities” are adjusted accordingly. The Company will continue to review its estimates of both costs and the maturity of commitments on a regular basis and will take into account any significant impact that may result from changes in these parameters in the future. The effect of the asset retirement obligations on the financial statements of TotalEnergies and the associated sensitivity calculations are detailed in Note 12.1 “Provisions and other non-current liabilities”. A maturity schedule of these obligations is presented in Note 13.1 “Off-balance sheet commitments and contractual obligations”. Ø 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”. Ø 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”. Ø Russian-Ukrainian conflict Russian assets were fully impaired in 2022, with the exception of the shares held in the Yamal LNG company. In total, the impact of impairments and provisions recorded in 2022 due to the Russo-Ukrainian conflict amounted to $(14,756) million in TotalEnergies’ net result. On November 2, 2023 The Company has also ensured the absence of depreciation to be accounted for on Yamal LNG, by testing the value of its equity accounted investment which amounts to $4,560 million as of December 31, 2023. With regard to the participation in Novatek, in the absence of any new event, the assessments and judgments taken into account on December 31, 2022 in the accounting and valuation method remain unchanged at December 31, 2023. As the criteria for significant influence are no longer met within the meaning of IAS 28 “Investments in associates and joint ventures”, TotalEnergies’ 19.4% interest in Novatek has no longer been accounted for using the equity method in the Company’s financial statements since the end of the 4 th Depending on the developments of the Russian-Ukrainian conflict and the measures that the European and American authorities may take, the activities of TotalEnergies in Russia, in particular those relating to the Yamal LNG asset, could be affected in the future. ​ ​ ​ ​ ​
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 through other consolidated entities are fully consolidated. Investments in joint ventures are accounted for by 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. In the case of a percentage of less than 20%, accounting under the equity method applies only when significant influence can be demonstrated. 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 U.S. 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 U.S. 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, 2023, 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 expense”. 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 expense”. 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 are presented on a gross basis, including excise taxes collected by TotalEnergies within the course of its oil distribution operations. In addition, the subtotal “Revenue from sales” is presented as an additional line item in the P&L and is obtained by deducting Excise tax expenses from Sales.
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 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 cash flows incurred in currencies
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. As of December 31, 2023, 2022 and 2021, this alternative method is not 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. This calculation also takes into account the dilutive effect of 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 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.
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 expense (or income) and deferred tax expense (or income). Current tax expense (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.
Asset retirement obligations	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 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.
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: - Cash management 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”. - Long-term financing 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. - Foreign subsidiaries’ equity hedge 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”. - Commitments to purchase shares held by non-controlling interests (put options written on minority interests) 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.

Changes in TotalEnergies' per_2

Changes in TotalEnergies' perimeter (Tables)	12 Months Ended
	Dec. 31, 2023
SARB and Umm Lulu offshore concession
Changes in TotalEnergies' perimeter
Summary of purchase price allocation	​ ​ ​ ​ (M$) At the acquisition date Intangible assets 278 Tangible assets 1,429 Other assets and liabilities (234) Fair value of consideration 1,473
Total Eren
Changes in TotalEnergies' perimeter
Summary of purchase price allocation	​ ​ ​ ​ (M$) At the acquisition date Goodwill 1,417 Intangible assets 821 Tangible assets 2,193 Other assets and liabilities (64) Net debt of the acquired treasury (1,389) Minority interests (69) Fair value of the consideration transferred 2,909

Business segment information (T

Business segment information (Tables)	12 Months Ended
	Dec. 31, 2023
Business segment information
Schedule of information by business segment	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Exploration ​ ​ Refining Marketing ​ ​ ​ For the year ended December 31, 2023 ​ & ​ Integrated ​ Integrated ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) ​ Production ​ LNG ​ Power ​ Chemicals ​ Services ​ Corporate ​ Intercompany ​ Total External sales 6,561 ​ 12,086 ​ 27,337 ​ 101,203 ​ 89,909 ​ 32 ​ – ​ 237,128 Intersegment sales 42,595 ​ 14,789 4,126 36,581 631 ​ 206 ​ (98,928) – Excise taxes – ​ – – (841) (17,342) ​ – ​ – (18,183) Revenues from sales 49,156 ​ 26,875 31,463 136,943 73,198 ​ 238 ​ (98,928) 218,945 Operating expenses (20,355) ​ (21,569) (28,763) (130,899) (70,497) ​ (878) ​ 98,928 (174,033) Depreciation, depletion and impairment of tangible assets and mineral interests (8,493) ​ (1,288) (281) (1,685) (905) ​ (110) ​ — (12,762) Net income (loss) from equity affiliates and other items (307) ​ 2,194 (345) (42) 2,208 ​ (28) ​ — 3,680 Tax on net operating income (10,095) ​ (810) (394) (938) (1,246) ​ 271 ​ — (13,212) Adjustments (a) (1,036) ​ (798) (173) (1,275) 1,300 ​ (84) ​ — (2,066) Adjusted net operating income 10,942 ​ 6,200 1,853 4,654 1,458 ​ (423) ​ — 24,684 Adjustments (a) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (2,066) Net cost of net debt ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (1,108) Non-controlling interests ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (126) NET INCOME - TotalEnergies SHARE ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 21,384 (a) ​ The management of balance sheet positions (including margin calls) related to centralized markets access for LNG, gas and power activities since 2022 has been fully included in the Integrated LNG segment. Effects of changes in the fair value of gas and LNG positions are allocated to the operating income of Integrated LNG segment. Effects of changes in the fair value of power positions are allocated to the operating income of Integrated Power segment. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Exploration ​ ​ Refining Marketing ​ ​ ​ For the year ended December 31, 2023 ​ & ​ Integrated ​ Integrated ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) ​ Production ​ LNG ​ Power ​ Chemicals ​ Services ​ Corporate ​ Intercompany ​ Total Total expenditures ​ 12,378 ​ 3,410 5,497 2,149 1,273 ​ 153 ​ – ​ 24,860 Total divestments 5,118 290 661 196 2,132 ​ 9 ​ – 8,406 Cash flow from operating activities 18,531 8,442 3,573 7,957 1,957 ​ 219 ​ – 40,679 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Exploration ​ ​ Refining Marketing ​ ​ ​ For the year ended December 31, 2022 ​ & ​ Integrated ​ Integrated ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) ​ Production ​ LNG ​ Power ​ Chemicals ​ Services ​ Corporate ​ Intercompany ​ Total External sales 9,942 ​ 21,300 ​ 27,453 ​ 121,618 ​ 100,661 ​ 25 ​ — ​ 280,999 Intersegment sales 55,190 ​ 17,075 3,353 45,857 1,433 ​ 248 ​ (123,156) — Excise taxes — ​ — — (737) (16,952) ​ — ​ — (17,689) Revenues from sales 65,132 ​ 38,375 30,806 166,738 85,142 ​ 273 ​ (123,156) 263,310 Operating expenses (24,521) ​ (29,982) (29,217) (156,897) (81,746) ​ (1,329) ​ 123,156 (200,536) Depreciation, depletion and impairment of tangible assets and mineral interests (8,115) ​ (1,208) (194) (1,533) (1,033) ​ (138) ​ — (12,221) Net income (loss) from equity affiliates and other items (9,943) ​ 978 1,788 885 (20) ​ 288 ​ — (6,024) Tax on net operating income (17,445) ​ (1,574) (138) (2,544) (787) ​ 281 ​ — (22,207) Adjustments (a) ​ (12,371) ​ (4,580) ​ 2,070 ​ (653) ​ 6 ​ (362) ​ — ​ (15,890) Adjusted net operating income 17,479 ​ 11,169 975 7,302 1,550 ​ (263) ​ — 38,212 Adjustments (a) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (15,890) Net cost of net debt ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (1,278) Non-controlling interests ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (518) NET INCOME - TotalEnergies SHARE ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 20,526 (a) ​ The management of balance sheet positions (including margin calls) related to centralized markets access for LNG, gas and power activities since 2022 has been fully included in the Integrated LNG segment. Effects of changes in the fair value of gas and LNG positions are allocated to the operating income of Integrated LNG segment. Effects of changes in the fair value of power positions are allocated to the operating income of Integrated Power segment. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Exploration ​ ​ Refining Marketing ​ ​ ​ For the year ended December 31, 2022 ​ & ​ Integrated ​ Integrated ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) ​ Production ​ LNG ​ Power ​ Chemicals ​ Services ​ Corporate ​ Intercompany ​ Total Total expenditures 10,646 1,249 5,226 1,391 1,186 ​ 104 ​ — 19,802 Total divestments 807 2,301 1,126 214 222 ​ 16 ​ — 4,686 Cash flow from operating activities 27,654 9,604 66 8,663 3,124 ​ (1,744) ​ — 47,367 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Exploration ​ ​ Refining Marketing ​ ​ ​ For the year ended December 31, 2021 ​ & ​ Integrated ​ Integrated ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) ​ Production ​ LNG ​ Power ​ Chemicals ​ Services ​ Corporate ​ Intercompany ​ Total External sales 7,246 ​ 14,903 ​ 15,801 ​ 87,600 ​ 80,288 ​ 25 ​ — ​ 205,863 Intersegment sales 34,896 ​ 6,862 1,325 27,637 451 ​ 254 ​ (71,425) — Excise taxes — ​ — — (1,108) (20,121) ​ — ​ — (21,229) Revenues from sales 42,142 ​ 21,765 17,126 114,129 60,618 ​ 279 ​ (71,425) 184,634 Operating expenses (16,722) ​ (17,116) (16,775) (108,982) (57,159) ​ (927) ​ 71,425 (146,256) Depreciation, depletion and impairment of tangible assets and mineral interests (9,110) ​ (1,446) (204) (1,583) (1,100) ​ (113) ​ — (13,556) Net income (loss) from equity affiliates and other items ​ (760) ​ 2,935 ​ (190) ​ 518 ​ 108 ​ 45 ​ — ​ 2,656 Tax on net operating income (7,506) ​ (600) (2) (1,068) (738) ​ 152 ​ — (9,762) Adjustments (a) (2,395) ​ (53) (697) 1,105 111 ​ (121) ​ — (2,050) Adjusted net operating income 10,439 ​ 5,591 652 1,909 1,618 ​ (443) ​ — 19,766 Adjustments (a) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (2,050) Net cost of net debt ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (1,350) Non-controlling interests ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (334) NET INCOME - TotalEnergies SHARE ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 16,032 (a) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Exploration ​ ​ Refining Marketing ​ ​ ​ For the year ended December 31, 2021 ​ & ​ Integrated ​ Integrated ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) ​ Production ​ LNG ​ Power ​ Chemicals ​ Services ​ Corporate ​ Intercompany ​ Total Total expenditures ​ 7,276 ​ 2,351 3,990 1,638 1,242 ​ 92 ​ — ​ 16,589 Total divestments 894 1,059 291 348 319 ​ 22 ​ — 2,933 Cash flow from operating activities 22,009 (2,765) 3,592 6,473 2,333 ​ (1,232) ​ — 30,410 ​ ​
Schedule of detail of the adjustment items	Adjustments to net operating income ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, 2023 ​ Exploration & ​ Integrated ​ Integrated ​ Refining & ​ Marketing & ​ ​ ​ ​ (M$) Production LNG Power Chemicals Services ​ Corporate Total Inventory valuation effect – – – (586) (108) ​ – (694) Effect of changes in fair value – (547) 559 – – ​ – 12 Restructuring charges – – (5) (51) – ​ – (56) Asset impairment and provisions charges (926) (124) (773) (359) (115) ​ – (2,297) Gains (losses) on disposals of assets ​ 431 ​ – ​ – ​ – ​ 1,616 ​ – ​ 2,047 Other items (541) (127) 46 (279) (93) ​ (84) (1,078) TOTAL (1,036) (798) (173) (1,275) 1,300 ​ (84) (2,066) ​ Adjustments to net operating income ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, 2022 ​ Exploration & ​ Integrated ​ Integrated ​ Refining & ​ Marketing & ​ ​ ​ ​ (M$) Production LNG Power Chemicals Services ​ Corporate Total Inventory valuation effect — — — 337 194 ​ — 531 Effect of changes in fair value — 340 798 — — ​ — 1,138 Restructuring charges — — (41) — (14) ​ — (55) Asset impairment and provisions charges (a) (11,157) (4,460) (21) — (112) ​ (9) (15,759) Gains (losses) on disposals of assets ​ — ​ — ​ 1,450 ​ — ​ — ​ — ​ 1,450 Other items (1,214) (460) (116) (990) (62) ​ (353) (3,195) TOTAL (12,371) (4,580) 2,070 (653) 6 ​ (362) (15,890) ​ (a) Of which $(14,756) million relate to the impairment and provisions charges on the assets of the Company in Russia. (b) Other items represented $(3.2) billion in 2022, consisting of $(1.7) billion related to windfall taxes levied by governments (European Solidarity Contribution, French Electricity Generation Infra-Marginal Income Contribution, effect on deferred tax of Energy Profits Levy in the United Kingdom), $(1) billion as a consequence of the conflict in Ukraine (grant of fuel discounts to French customers in the context of price increase, foreign exchange losses due to volatility in Russian ruble-U.S. dollar and euro exchange rates), and $(0.5) billion mainly related to provisions for onerous contracts. Adjustments to net operating income ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, 2021 ​ Exploration & ​ Integrated ​ Integrated ​ Refining & ​ Marketing & ​ ​ ​ ​ (M$) Production LNG Power Chemicals Services ​ Corporate Total Inventory valuation effect — — — 1,296 236 ​ — 1,532 Effect of changes in fair value — 254 (448) — — ​ — (194) Restructuring charges (75) (8) (16) (118) (44) ​ (54) (315) Asset impairment and provisions charges (518) (291) (41) (42) (40) ​ — (932) Gains (losses) on disposals of assets (a) ​ (1,726) ​ — ​ — ​ — ​ — ​ — ​ (1,726) Other items (76) (8) (192) (31) (41) ​ (67) (415) TOTAL (2,395) (53) (697) 1,105 111 ​ (121) (2,050) ​ (a) Of which $(1,379) million relate to the impact of the TotalEnergies’ interest sale of Petrocedeño to PDVSA. ​

Segment Information by geogra_2

Segment Information by geographical area (Tables)	12 Months Ended
	Dec. 31, 2023
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, 2023 External sales 55,610 97,662 22,219 21,709 39,928 237,128 Property, plant and equipment, intangible assets, net 16,863 24,486 11,228 38,658 50,764 141,999 Capital expenditures 4,166 3,757 3,153 4,877 8,907 24,860 For the year ended December 31, 2022 ​ External sales 58,411 122,641 33,188 24,582 42,177 280,999 Property, plant and equipment, intangible assets, net 13,080 26,382 13,292 39,410 46,867 139,032 Capital expenditures 1,632 2,743 5,304 3,253 6,870 19,802 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 ​

Main items related to operati_2

Main items related to operating activities (Tables)	12 Months Ended
	Dec. 31, 2023
Main items related to operating activities
Schedule of operating expenses	​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, (M$) ​ 2023 ​ 2022 ​ 2021 Purchases, net of inventory variation (a) (b) (143,041) (169,448) (118,622) Exploration costs (573) (1,299) (740) Other operating expenses (c) (30,419) (29,789) (26,894) of which non-current operating liabilities (allowances) reversals 821 1,086 1,299 of which current operating liabilities (allowances) reversals (92) (188) (30) OPERATING EXPENSES (174,033) (200,536) (146,256) (a) Includes taxes paid on oil and gas production in the Exploration & Production segment, amongst others, royalties. (b) TotalEnergies values under / over lifting at market value. (c) Principally composed of production and administrative costs (refer to in particular the payroll costs as detailed in Note 10 to the Consolidated Financial Statements “Payroll, staff and employee benefits obligations”).
Schedule of amortization, depreciation and impairment of tangible assets and mineral interests	​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, (M$) ​ 2023 ​ 2022 ​ 2021 Depreciation and impairment of tangible assets (11,902) (11,128) (12,683) Amortization and impairment of mineral assets (860) (1,093) (873) TOTAL (12,762) (12,221) (13,556) ​
Schedule of inventories and changes in the valuation allowance on inventories	​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2023 ​ ​ Valuation ​ (M$) Gross value allowance Net value Crude oil and natural gas 3,334 (152) 3,182 Refined products 5,335 (141) 5,194 Chemicals products 1,668 (97) 1,571 Trading inventories 6,158 – 6,158 Other inventories 4,248 (1,036) 3,212 TOTAL 20,743 (1,426) 19,317 ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2022 ​ ​ Valuation ​ (M$) Gross value allowance Net value Crude oil and natural gas 4,758 (47) 4,711 Refined products 6,386 (162) 6,224 Chemicals products 1,635 (93) 1,542 Trading inventories 6,672 – 6,672 Other inventories 4,797 (1,010) 3,787 TOTAL 24,248 (1,312) 22,936 ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2021 ​ ​ Valuation ​ (M$) Gross value allowance Net value Crude oil and natural gas 3,221 (7) 3,214 Refined products 5,411 (50) 5,361 Chemicals products 1,519 (98) 1,421 Trading inventories 6,501 – 6,501 Other inventories 4,538 (1,083) 3,455 TOTAL 21,190 (1,238) 19,952 ​ Changes in the valuation allowance on inventories are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Currency ​ ​ ​ Valuation ​ ​ ​ translation ​ Valuation For the year ended December 31, ​ allowance as of ​ ​ ​ adjustment and ​ allowance as of (M$) January 1, ​ Increase (net) other variations December 31, 2023 (1,312) (92) ​ (22) (1,426) 2022 (1,238) (121) ​ 47 (1,312) 2021 (1,285) (36) ​ 83 (1,238)
Schedule of accounts receivable and other current assets and changes in the valuation allowances	​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2023 Valuation (M$) ​ Gross value ​ allowance ​ Net value Accounts receivable 24,334 (892) 23,442 Recoverable taxes 4,085 (7) 4,078 Other operating receivables 15,218 (266) 14,952 Prepaid expenses 1,731 – 1,731 Other current assets 60 – 60 Other current assets 21,094 (273) 20,821 ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2022 Valuation (M$) ​ Gross value ​ allowance ​ Net value Accounts receivable 25,204 (826) 24,378 Recoverable taxes 6,295 (32) 6,263 Other operating receivables 28,582 (293) 28,289 Prepaid expenses 1,455 – 1,455 Other current assets 63 – 63 Other current assets 36,395 (325) 36,070 ​ ​ ​ ​ ​ ​ ​ ​ 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 ​ 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 2023 (826) (82) 16 (892) 2022 (793) (98) 65 (826) 2021 (831) (24) 62 (793) Other current assets ​ 2023 (325) (7) 59 (273) 2022 (268) (83) 26 (325) 2021 (275) (10) 17 (268)
Schedule of other creditors and accrued liabilities	​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2023 2022 2021 Accruals and deferred income 1,129 737 3,744 Payable to States (including taxes and duties) 13,974 14,780 10,281 Payroll 1,687 1,572 1,481 Other operating liabilities 19,937 35,186 27,294 TOTAL 36,727 52,275 42,800
Schedule of additional information on cash paid or received in the cash flow from operating activities	​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, 2023 2022 2021 Interests paid (2,883) (2,292) (1,886) Interests received 1,431 655 284 Income tax paid (a) (12,688) (14,486) (4,508) Dividends received 2,821 3,955 2,346 (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, 2023 2022 2021 Inventories 3,159 (3,805) (5,903) Accounts receivable 306 (3,272) (6,788) Other current assets 14,860 (3,523) (21,026) Accounts payable 572 5,313 12,073 Other creditors and accrued liabilities (12,806) 6,478 21,028 NET AMOUNT, DECREASE (INCREASE) 6,091 1,191 (616) ​ Detail of changes in provisions and deferred taxes ​ ​ ​ ​ ​ ​ ​ As of December 31, ​ 2023 ​ 2022 ​ 2021 Accruals 257 2,177 (467) Deferred taxes 556 2,417 1,429 TOTAL 813 4,594 962 ​

Other items from operating ac_2

Other items from operating activities (Tables)	12 Months Ended
	Dec. 31, 2023
Other items from operating activities
Schedule of other income and other expense	​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, 2023 2022 2021 Gains on disposal of assets 3,157 2,244 890 Foreign exchange gains – 379 227 Other 520 226 195 OTHER INCOME 3,677 2,849 1,312 ​ ​ ​ ​ ​ ​ ​ Losses on disposal of assets (98) (2,613) (436) Foreign exchange losses (763) (1,023) (702) Amortization of other intangible assets (excl. mineral interests) (769) (430) (448) Other (766) (3,278) (731) OTHER EXPENSE (2,396) (7,344) (2,317)
Schedule of other financial income and expense	​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2023 2022 2021 Dividend income on non-consolidated subsidiaries ​ 143 ​ 159 ​ 203 Capitalized financial expenses 667 310 134 Other 475 427 425 OTHER FINANCIAL INCOME 1,285 896 762 Accretion of asset retirement obligations (524) (430) (449) Other (207) (103) (90) OTHER FINANCIAL EXPENSE (731) (533) (539)
Schedule of other non-current assets and changes in the valuation allowance on loans and advances	​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2023 ​ ​ Valuation ​ (M$) Gross value allowance Net value Loans and advances (a) 2,516 (294) 2,222 Other non-current financial assets related to operational activities ​ 1,761 ​ – ​ 1,761 Other 330 – 330 TOTAL 4,607 (294) 4,313 ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2022 ​ ​ Valuation ​ (M$) Gross value allowance Net value Loans and advances (a) 2,092 (255) 1,837 Other non-current financial assets related to operational activities ​ 250 ​ — ​ 250 Other 301 — 301 TOTAL 2,643 (255) 2,388 ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2021 ​ ​ Valuation ​ (M$) Gross value allowance Net value Loans and advances (a) 2,364 (257) 2,107 Other non-current financial assets related to operational activities ​ 312 ​ — ​ 312 Other 378 — 378 TOTAL 3,054 (257) 2,797 (a) Excluding loans to equity affiliates. Changes in the valuation allowance on loans and advances are detailed as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Currency ​ ​ ​ ​ Valuation ​ ​ ​ ​ ​ translation ​ Valuation For the year ended December 31, ​ allowance as of ​ ​ ​ ​ ​ adjustment and ​ allowance as of (M$) January 1, Increases Decreases other variations December 31, 2023 (255) (11) 2 ​ (30) (294) 2022 (257) (27) 11 ​ 18 (255) 2021 (273) (6) 14 ​ 8 (257) ​

Intangible and tangible assets

Intangible and tangible assets (Tables)	12 Months Ended
	Dec. 31, 2023
Intangible and tangible assets
Schedule of intangible assets	​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2023 ​ Amortization and (M$) Cost impairment Net Goodwill 10,484 (533) 9,951 Proved mineral interests 17,713 (9,704) 8,009 Unproved mineral interests 14,976 (2,624) 12,352 Other intangible assets 7,354 (4,583) 2,771 TOTAL INTANGIBLE ASSETS 50,527 (17,444) 33,083 ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2022 Amortization and (M$) Cost impairment Net Goodwill 9,010 (360) 8,650 Proved mineral interests 18,025 (10,088) 7,937 Unproved mineral interests 15,962 (2,946) 13,016 Other intangible assets 6,795 (4,467) 2,328 TOTAL INTANGIBLE ASSETS 49,792 (17,861) 31,931 ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2021 Amortization and (M$) Cost impairment Net Goodwill 9,728 (899) 8,829 Proved mineral interests 17,382 (9,730) 7,652 Unproved mineral interests 16,637 (2,831) 13,806 Other intangible assets 7,185 (4,988) 2,197 TOTAL INTANGIBLE ASSETS 50,932 (18,448) 32,484 ​
Schedule of change in net intangible assets	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Currency ​ ​ ​ ​ ​ ​ Net amount as of ​ ​ ​ ​ ​ Amortization and ​ translation ​ ​ ​ Net amount as of (M$) January 1, Expenditures Disposals impairment adjustment Other December 31, 2023 31,931 1,244 (458) (1,630) 148 1,848 33,083 2022 32,484 1,991 (75) (1,582) (423) (464) 31,931 2021 33,528 696 (271) (1,322) (394) 247 32,484
Summary of changes in carrying amount of goodwill by business segment	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net goodwill as of ​ ​ ​ ​ ​ ​ ​ Net goodwill as of (M$) January 1, 2023 Increases Impairments Other December 31, 2023 Exploration & Production 2,581 – - (90) 2,491 Integrated LNG ​ 2,804 44 – 9 2,857 Integrated Power ​ 2,219 ​ 1,452 ​ (101) ​ 96 ​ 3,666 Refining & Chemicals 502 19 (18) 35 538 Marketing & Services 516 – (65) (55) 396 Corporate 28 – – (25) 3 TOTAL 8,650 1,515 (184) (30) 9,951
Schedule of property, plant and equipment, including analysis of changes	​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2023 ​ Depreciation and ​ (M$) Cost impairment Net Property, plant and equipment of exploration and production activities ​ ​ ​ Proved properties 201,961 (144,082) 57,879 Unproved properties 1,455 (268) 1,187 Work in progress 23,729 (443) 23,286 Subtotal 227,145 (144,793) 82,352 Other property, plant and equipment ​ ​ ​ Land 2,837 (1,008) 1,829 Machinery, plant and equipment (including transportation equipment) 38,769 (27,222) 11,547 Buildings 9,529 (6,105) 3,424 Work in progress 5,262 (23) 5,239 Other 12,344 (7,819) 4,525 Subtotal 68,741 (42,177) 26,564 TOTAL PROPERTY, PLANT AND EQUIPMENT 295,886 (186,970) 108,916 ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2022 ​ ​ ​ Depreciation and ​ ​ (M$) Cost impairment Net Property, plant and equipment of exploration and production activities ​ ​ ​ Proved properties 210,079 (146,571) 63,508 Unproved properties 1,023 (268) 755 Work in progress 20,294 (688) 19,606 Subtotal 231,396 (147,527) 83,869 Other property, plant and equipment ​ ​ ​ Land 3,089 (1,039) 2,050 Machinery, plant and equipment (including transportation equipment) 37,002 (26,079) 10,923 Buildings 10,230 (6,627) 3,603 Work in progress 3,960 (23) 3,937 Other 10,401 (7,682) 2,719 Subtotal 64,682 (41,450) 23,232 TOTAL PROPERTY, PLANT AND EQUIPMENT 296,078 (188,977) 107,101 ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2021 ​ ​ ​ Depreciation and ​ ​ (M$) 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 ​ 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$) January 1, Expenditures Disposals impairment adjustment Other December 31, 2023 ​ 107,101 ​ 16,478 ​ (3,781) ​ (12,448) ​ 415 ​ 1,151 ​ 108,916 2022 ​ 106,559 ​ 13,699 ​ (951) ​ (12,275) ​ (2,236) ​ 2,305 ​ 107,101 2021 108,335 ​ 11,647 ​ (705) ​ (13,133) ​ (1,739) ​ 2,154 ​ 106,559
Schedule of facilities and equipment under leases	​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2023 ​ ​ ​ Depreciation and ​ ​ (M$) Cost impairment Net Property, plant and equipment of exploration and production activities 4,770 (1,927) ​ 2,843 Other property, plant and equipment ​ ​ ​ ​ Land 1,383 (415) 968 Machinery, plant and equipment (including transportation equipment) 4,751 (2,235) 2,516 Buildings 1,332 (614) 718 Other 908 (529) 379 Subtotal 8,374 (3,793) 4,581 TOTAL PROPERTY, PLANT AND EQUIPMENT 13,144 (5,720) 7,424 ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2022 ​ ​ ​ Depreciation and ​ ​ (M$) Cost impairment Net Property, plant and equipment of exploration and production activities 4,497 (2,121) 2,376 Other property, plant and equipment ​ ​ ​ ​ Land 1,396 (397) 999 Machinery, plant and equipment (including transportation equipment) 4,691 (2,100) 2,591 Buildings 1,750 (615) 1,135 Other 745 (483) 262 Subtotal 8,582 (3,595) 4,987 TOTAL PROPERTY, PLANT AND EQUIPMENT 13,079 (5,716) 7,363 ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2021 ​ ​ ​ Depreciation and ​ ​ (M$) 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 ​

Equity affiliates, other inve_2

Equity affiliates, other investments and related parties (Tables)	12 Months Ended
	Dec. 31, 2023
Equity affiliates, other investments and related parties
Schedule of equity affiliates in facing financials	​ ​ ​ ​ ​ ​ ​ ​ Equity value ​ ​ ​ ​ ​ ​ As of December 31, ​ ​ ​ ​ ​ ​ (M$) 2023 2022 2021 Total Associates 9,484 9,533 17,244 Total Joint ventures 16,411 14,623 9,277 TOTAL 25,895 24,156 26,521 Loans 4,562 3,733 4,532 TOTAL 30,457 27,889 31,053 ​ ​ ​ ​ ​ ​ ​ ​ Profit/(loss) ​ ​ ​ (M$) 2023 2022 2021 Total Associates 1,132 (4,567) 1,186 Total Joint ventures 713 2,675 2,252 TOTAL 1,845 (1,892) 3,438 ​ ​ ​ ​ ​ ​ ​ ​ Other comprehensive income ​ ​ ​ (M$) 2023 2022 2021 Total Associates (57) 3,368 734 Total Joint ventures (151) 129 (28) TOTAL (208) 3,497 706 ​
Schedule of information related to associates	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Liquefaction entities ​ Novatek (a) ​ Exploration & Production activites 2023 ​ 2022 2021 2022 ​ 2021 Non current assets 42,197 ​ 40,850 39,348 – 26,954 Current assets 5,745 ​ 8,276 11,075 – 8,208 TOTAL ASSETS 47,942 ​ 49,126 50,423 – 35,162 Shareholder’s equity 35,144 ​ 19,188 23,867 – 25,944 Non current liabilities 7,700 ​ 22,312 19,659 – 3,246 Current liabilities 5,098 ​ 7,626 6,897 – 5,972 TOTAL LIABILITIES 47,942 ​ 49,126 50,423 – 35,162 Revenues from sales 26,288 ​ 35,888 23,243 – 15,876 Net income 6,880 ​ 10,247 8,056 – 5,871 Other comprehensive income – ​ – – – (82) % owned – ​ – ​ – ​ 19.40 % 19.40 % Equity value 3,963 ​ 3,243 5,582 – 6,243 Including goodwill and identifiable assets ​ 32 ​ 34 ​ 1,832 ​ – ​ 1,210 ​ Profit/(loss) 822 ​ (340) 1,024 (5,747) 1,065 Share of other comprehensive income, net amount (19) ​ (71) 85 3,118 446 Dividends paid to TotalEnergies 1,052 ​ 1,224 817 883 387 (a) Information includes the best Company’s estimates of results at the date of TotalEnergies’ financial statements. ​ ​ ​ ​ ​ ​ ​ ​ ​ Renewables and Electricity activities ​ Adani Green Energy Limited ​ (M$) 2023 2022 2021 ​ Non current assets ​ 7,887 ​ 6,961 ​ 6,223 ​ Current assets ​ 1,091 ​ 769 ​ 1,042 ​ TOTAL ASSETS ​ 8,978 ​ 7,730 ​ 7,265 ​ Shareholder’s equity ​ 965 ​ 807 ​ 316 ​ Non current liabilities ​ 5,712 ​ 5,805 ​ 5,560 ​ Current liabilities ​ 2,301 ​ 1,118 ​ 1,389 ​ TOTAL LIABILITIES ​ 8,978 ​ 7,730 ​ 7,265 ​ Revenues from sales ​ 1,061 ​ 1,073 ​ 545 ​ Net income ​ 162 ​ 104 ​ 35 ​ Other comprehensive income ​ 5 ​ (112) ​ (10) ​ % owned ​ 19.74 % 19.74 % 20.00 % Equity value ​ 1,877 ​ 1,856 ​ 2,102 ​ including goodwill and identifiable assets ​ 1,687 ​ 1,697 ​ 2,039 ​ Profit/(loss) ​ 32 ​ 21 ​ 7 ​ Share of other comprehensive income, net amount ​ 3 ​ 23 ​ 6 ​ Dividends paid to TotalEnergies ​ – ​ – ​ – ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Saudi Aramco Total ​ ​ ​ ​ ​ ​ Refining & Chemicals activities ​ Refining & Petrochemicals ​ Qatar (M$) 2023 2022 2021 2023 2022 2021 Non current assets ​ 9,780 10,003 10,264 2,882 3,905 3,909 Current assets 2,584 3,615 2,221 2,000 2,491 1,908 TOTAL ASSETS 12,364 13,618 12,485 4,882 6,396 5,817 Shareholder’s equity 3,527 3,858 1,164 2,748 2,737 2,693 Non current liabilities 5,850 6,365 7,322 835 2,062 1,906 Current liabilities 2,987 3,395 3,999 1,299 1,597 1,218 TOTAL LIABILITIES 12,364 13,618 12,485 4,882 6,396 5,817 Revenues from sales 12,994 20,492 11,123 9,506 13,193 9,266 Net income 584 2,409 (245) 203 629 649 Other comprehensive income (59) 284 155 (7) (5) (5) % owned 37.50 % 37.50 % 37.50 % ​ ​ ​ ​ ​ Equity value 1,323 1,447 437 665 703 693 including goodwill and identifiable assets ​ – ​ – ​ – ​ – ​ – ​ – Profit/(loss) 219 903 (92) 78 161 174 Share of other comprehensive income, net amount (46) 147 116 (7) 10 13 Dividends paid to TotalEnergies 321 – – 145 138 199
Schedule of information related to joint ventures	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Liquefaction entities ​ GIP III Zephyr ​ Hanwha TotalEnergies ​ ​ ​ (Integrated LNG) ​ (Integrated ​ Petrochemical Co.Ltd ​ ​ ​ ​ ​ ​ ​ ​ ​ Power) ​ (Refining & Chemicals) ​ (M$) 2023 2022 2021 2023 ​ 2022 ​ 2023 2022 2021 ​ Non current assets ​ 62,461 65,293 66,924 13,111 ​ 12,406 ​ 3,959 ​ 4,113 ​ 4,443 ​ Current assets excluding cash and cash equivalents 2,832 2,630 2,912 ​ 375 ​ 370 ​ 2,089 2,326 2,117 ​ Cash and cash equivalents 4,690 4,375 2,312 1,313 ​ 1,116 ​ 113 82 151 ​ TOTAL ASSETS 69,983 72,298 72,148 14,799 ​ 13,892 ​ 6,161 6,521 6,711 ​ Shareholder’s equity - Group share 20,438 17,455 9,956 604 ​ 296 ​ 2,963 3,146 3,538 ​ Shareholder's equity - Non controlling interests ​ – ​ – ​ – ​ 1,912 ​ 2,548 ​ – ​ – ​ – ​ Other non current liabilities 10,399 10,785 8,205 1,460 ​ 1,285 ​ 174 180 164 ​ Non current financial debts 36,144 41,452 50,920 9,598 ​ 8,808 ​ 858 1,220 1,241 ​ Other current liabilities 3,002 2,606 3,067 414 ​ 496 ​ 1,137 1,117 1,055 ​ Current financial debts – – – 811 ​ 459 ​ 1,029 858 713 ​ TOTAL LIABILITIES 69,983 72,298 72,148 14,799 ​ 13,892 ​ 6,161 6,521 6,711 ​ Revenues from sales 17,605 24,701 14,380 1,452 ​ 351 ​ 8,754 10,824 8,600 ​ Depreciation and depletion of tangible assets and mineral interests (2,700) (2,814) (3,058) (460) ​ (129) ​ (281) (289) (312) ​ Interest income 32 17 – 40 ​ 5 ​ – – – ​ Interest expense (3,146) (2,453) (2,599) (315) ​ (95) ​ (67) (47) (44) ​ Income taxes (1,798) (2,804) (1,448) – ​ – ​ 10 (65) (222) ​ Net income 5,122 12,791 5,600 83 ​ (36) ​ (28) 123 620 ​ Non controlling interests ​ – ​ – ​ – ​ (126) ​ 219 ​ – ​ – ​ – ​ Other comprehensive income (52) 526 323 (2) ​ – ​ (105) (189) (308) ​ % owned ​ ​ ​ ​ ​ ​ 50.00 % 50.00 % 50.00 % 50.00 % 50.00 % Equity value 4,941 4,315 2,725 2,283 ​ 2,356 ​ 1,482 1,573 1,769 ​ including goodwill and identifiable assets 430 465 502 1,981 (a) 2,208 ​ – – – ​ Profit/(loss) 1,058 2,616 1,119 29 ​ (18) ​ (14) 62 310 ​ Share of other comprehensive income, net amount (14) 137 84 (1) ​ – ​ (69) (59) (150) ​ Dividends paid to TotalEnergies 418 1,166 81 100 ​ 46 ​ 25 162 109 ​
Schedule of main aggregated financial items in equity consolidated affiliates not presented individually	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2023 ​ 2022 ​ 2021 As of December 31, ​ ​ ​ Joint ​ ​ ​ Joint ​ ​ ​ Joint (M$) Associates ventures Associates ventures Associates ventures Non Current assets ​ 4,977 ​ 13,224 ​ 6,014 ​ 11,281 ​ 5,987 ​ 9,745 Current assets 1,231 2,988 1,591 2,742 1,849 1,799 TOTAL ASSETS 6,208 16,212 7,605 14,023 7,836 11,544 Shareholder's equity - TotalEnergies share 921 4,625 1,423 3,894 1,366 2,531 Shareholder's equity - Non controlling interests ​ – ​ 75 ​ – ​ 140 ​ – ​ – Non current liabilities 4,553 8,798 5,296 7,375 5,455 7,460 Current liabilities 734 2,714 886 2,614 1,015 1,553 TOTAL LIABILITIES 6,208 16,212 7,605 14,023 7,836 11,544 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2023 ​ 2022 ​ 2021 For the year ended December 31, ​ ​ ​ Joint ​ ​ ​ Joint ​ ​ ​ Joint (M$) Associates ventures Associates ventures Associates ventures Revenues from sales ​ 2,026 ​ 7,451 2,338 ​ 7,026 2,450 ​ 4,850 Net income 7 (279) 488 454 514 381 Non controlling interests ​ – ​ (64) ​ – ​ – ​ – ​ – Share of other comprehensive income items 11 (67) 140 52 68 38 Equity value 1,656 7,705 2,285 6,379 2,188 4,782 Profit/(Loss) ​ (19) ​ (359) ​ 436 ​ 15 ​ (992) ​ 823 Dividends paid to TotalEnergies 323 120 469 63 498 96 ​
Schedule of other investments	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of ​ ​ As of As of December 31, 2023 ​ January 1, ​ Increase - ​ Change in ​ December 31, (M$) ​ 2023 ​ Decrease ​ fair value ​ 2023 Next Decade Corporation ​ – ​ 219 ​ (5) ​ 214 Other shares at fair value through other comprehensive income (unit value < $50M) 119 28 (6) 141 Equity instruments recorded at fair value other comprehensive income 119 247 (11) 355 BTC Limited 5 – – 5 Hubei Cathay Smart Energy Fund ​ 54 ​ (54) ​ – ​ – Nordian CPO (a) ​ – ​ 70 ​ – ​ 70 Other shares at fair value through profit and loss (unit value < $50M) 873 264 (24) 1,113 Equity instruments recorded at fair value profit and loss 932 280 (24) 1,188 TOTAL EQUITY INSTRUMENTS 1,051 527 (35) 1,543 ​ (a) Nordian CPO will be consolidate in 2024 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of ​ ​ ​ ​ ​ As of As of December 31, 2022 January 1, Increase - Change in December 31, (M$) ​ 2022 Decrease fair value ​ 2022 Enphase Energy Inc. 457 ​ (579) ​ 122 ​ – Other shares at fair value through other comprehensive income (unit value < $50M) 116 13 (10) 119 Equity instruments recorded at fair value other comprehensive income 573 (566) 112 119 BTC Limited ​ 14 – (9) 5 Hubei Cathay Smart Energy Fund ​ 36 ​ 7 ​ 11 ​ 54 Other shares at fair value through profit and loss (unit value < $50M) ​ 1,002 (54) (75) 873 Equity instruments recorded at fair value profit and loss 1,052 (47) (73) 932 TOTAL EQUITY INSTRUMENTS 1,625 (613) 39 1,051 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of ​ ​ ​ ​ ​ As of As of December 31, 2021 ​ January 1, Increase - Change in December 31, (M$) 2021 Decrease fair value ​ 2021 Enphase Energy Inc. 613 ​ (177) ​ 21 ​ 457 Tellurian Investments Inc. 57 ​ (111) ​ 54 ​ – Other shares at fair value through other comprehensive income (unit value < $50M) 113 12 (9) 116 Equity instruments recorded at fair value other comprehensive income 783 (276) 66 573 BBPP 58 (58) – – BTC Limited 27 — (13) 14 Hubei Cathay Smart Energy Fund ​ 36 ​ 1 ​ (1) ​ 36 Other shares at fair value through profit and loss (unit value < $50M) ​ 1,103 (107) 6 1,002 Equity instruments recorded at fair value profit and loss 1,224 (164) (8) 1,052 TOTAL EQUITY INSTRUMENTS 2,007 (440) 58 1,625 ​
Schedule of main transactions and receivable and payable balances with related parties	​ ​ ​ ​ ​ ​ ​ ​ As of December 31, ​ ​ ​ (M$) ​ 2023 ​ 2022 ​ 2021 Balance sheet ​ ​ ​ Receivables ​ ​ ​ Debtors and other debtors 1,144 1,231 809 Loans (excl. loans to equity accounted for affiliates) 232 184 113 Payables ​ ​ ​ Creditors and other creditors 1,068 1,610 1,347 Debts 1 5 2 ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, ​ ​ ​ ​ ​ ​ (M$) 2023 2022 2021 Statement of income ​ ​ ​ Sales 7,222 6,806 4,250 Purchases (15,574) (25,656) (13,473) Financial income 3 3 – Financial expense (5) (9) (8) ​
Schedule of affiliates direct and indirect compensation	​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, ​ ​ ​ (M$) 2023 2022 2021 Number of people 11 11 11 Direct or indirect compensation 13.9 12.4 11.9 Pension expenses (a) 3.5 1.9 1.4 Share-based payments expense (IFRS 2) (b) 8.7 7.7 4.9 ​ (a) The benefits provided for Executive Officers of the Company and the members of the Board of Directors, who are employees of the Company, include severance to be paid upon retirement, supplementary pension schemes and insurance plans, which represent a commitment of $82.9 million as of December 31, 2023 (against $64.3 million as of December 31, 2022 and $90.7 million as of December 31, 2021). Converted into Euros, this commitment amounts to €75 million as of December 31, 2023 (against €60.3 million as of December 31, 2022 and €80.1 million as of December 31, 2021). The increase is related to the decrease in discount rates. (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, 2023
Shareholders' equity and share-based payments
Summary of share cancellation	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Percentage ​ ​ ​ ​ Number of shares bought back and cancelled of the share ​ ​ ​ Board of Directors’ ​ for the purpose of the shareholder policy capital ​ Fiscal year decision date ​ cancelled (a) 2023 ​ September 21, 2023 (b) 86,012,344 shares bought back between January 2 and August 24, 2023 3.44 % 2023 ​ February 7, 2023 128,869,261 shares bought back between February 11 and December 15, 2022 4.92 % 2022 ​ February 9, 2022 30,665,526 shares bought back between November 8 and December 22, 2021 1.16 % 2021 ​ February 8, 2021 ​ 23,284,409 shares bought back between October 31, 2019 and March 9, 2020 ​ 0.88 % (a) Percentage of the share capital that the cancelled shares represented on the operations’ date. (b) With effect as at 2023, September 25.
Schedule of variation of the number of shares composing the shares capital	​ ​ ​ ​ ​ ​ AS OF DECEMBER 31, 2020 (a) ​ 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 (b) 2,640,429,329 ​ Capital reduction by cancellation of treasury shares (30,665,526) ​ ​ Deferred contribution pursuant to the 2017 capital increase reserved for employees ​ 9,471 ​ ​ 2022 Capital increase reserved for employees ​ 9,358,011 AS OF DECEMBER 31, 2022 (c) 2,619,131,285 ​ Capital reduction by cancellation of treasury shares (214,881,605) ​ ​ 2023 Capital increase reserved for employees ​ 8,002,155 AS OF DECEMBER 31, 2023 (d) 2,412,251,835 (a) Including 24,392,703 treasury shares deducted from consolidated shareholders’ equity. (b) Including 33,841,104 treasury shares deducted from consolidated shareholders’ equity. (c) Including 137,187,667 treasury shares deducted from consolidated shareholders’ equity. (d) Including 60,543,213 treasury shares deducted from consolidated shareholders’ equity.
Schedule of ESOP completed by the company	​ ​ ​ ​ ​ ​ ​ ​ Fiscal year 2023 2022 2021 Date of the ESOP ​ June 7, 2023 ​ June 8, 2022 ​ June 9, 2021 By virtue of ​ 22 nd ​ 17 th ​ 20 th Subscriptions ​ ​ ​ ​ ​ ​ Number of shares subscribed ​ 7,760,062 ​ 9,130,380 ​ 10,376,190 Subscription price ​ 45.60 euros ​ 37.00 euros ​ 30.50 euros Free shares ​ ​ ​ ​ ​ ​ Number of shares granted ​ 242,093 ​ 227,631 ​ 213,523
Schedule of treasury shares held by TotalEnergies SE	​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2023 2022 2021 Number of treasury shares held by TotalEnergies SE 60,543,213 137,187,667 33,841,104 Percentage of share capital 2.51 % 5.24 % 1.28 % of which shares acquired with the intention to cancel them ​ 56,557,576 ​ 128,869,261 ​ 30,665,526 ​ of which shares allocated to TotalEnergies share performance plans 3,887,587 ​ 8,231,365 3,103,018 of which shares intended to be allocated to new share performance or purchase options plans 98,050 87,041 72,560 ​
Schedule of weighted-average shares and diluted shares used to calculate earnings per share and fully-diluted earnings per share	​ ​ ​ ​ ​ ​ ​ ​ ​ 2023 2022 2021 Number of shares as of January 1, 2,619,131,285 ​ 2,640,429,329 ​ 2,653,124,025 TotalEnergies shares held by TotalEnergies SE or by its subsidiaries and deducted from shareholders’ equity ​ (137,187,667) ​ (33,841,104) ​ (24,392,703) Evolution of the number of shares during the financial year pro-rated ​ ​ ​ Final grant of TotalEnergies performance shares 5,378,956 5,152,336 3,810,430 Capital increase reserved for employees (a) 4,671,946 5,465,154 6,177,333 Capital increase as payment of the scrip dividend ​ – ​ – ​ – Buyback of TotalEnergies treasury shares including: (74,633,216) (62,498,318) (7,296,460) 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 ​ (72,985,133) ​ (58,621,530) ​ (3,762,794) Shares repurchased during the fiscal year to cover for the performance share plans ​ (1,648,083) ​ (3,876,788) ​ (3,533,666) WEIGHTED-AVERAGE NUMBER OF SHARES 2,417,361,304 2,554,707,397 2,631,422,625 Dilutive effect ​ ​ ​ Grant of TotalEnergies performance shares 14,354,523 15,890,560 14,492,673 Capital increase reserved for employees (a) 2,051,751 1,584,068 1,552,947 WEIGHTED-AVERAGE NUMBER OF DILUTED SHARES AS OF DECEMBER 31, 2,433,767,578 2,572,182,025 2,647,468,245 (a) Including the shares granted in consideration to the deferred contribution pursuant to the capital increase reserved for employees.
Schedule of dividends	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2023 Dividend ​ First interim ​ Second interim ​ Third interim ​ Final Amount ​ ​ €0.74 ​ ​ €0.74 ​ ​ €0.74 ​ ​ €0.79 Set date ​ April 26, 2023 ​ July 26, 2023 ​ October 25, 2023 ​ February 7, 2024 Ex-dividend date ​ September 20, 2023 ​ January 2, 2024 ​ March 20, 2024 ​ June 19, 2024 Payment date ​ October 2, 2023 ​ January 12, 2024 ​ April 3, 2024 ​ July 1, 2024
Summary of the perpetual deeply subordinated notes	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Perpetual deeply subordinated notes issues by TotalEnergies SE ​ ​ Outstanding amount in M€ as of: Date ​ Amount issued (M€) ​ Coupon (%) ​ ​ First call date ​ December 31, 2023 ​ December 31, 2022 ​ December 31, 2021 January 17, 2022 ​ 750 ​ 3.250 % ​ January 17, 2037 ​ 750 ​ 750 ​ – ​ ​ 1,000 ​ 2.000 % ​ April 17, 2027 ​ 1,000 ​ 1,000 ​ – January 25, 2021 1,500 2.125 % ​ January 25, 2033 1,500 1,500 1,500 ​ 1,500 1.625 % ​ January 25, 2028 1,500 1,500 1,500 September 4, 2020 1,000 2.000 % ​ September 4, 2030 1,000 1,000 1,000 April 4, 2019 1,500 1.750 % ​ April 4, 2024 1,500 1,500 1,500 October 6, 2016 1,500 3.369 % ​ October 6, 2026 1,500 1,500 1,500 ​ ​ 1,000 2.708 % ​ May 5, 2023 – 1,000 1,000 May 18, 2016 1,750 3.875 % ​ May 18, 2022 – – 1,750 February 26, 2015 2,500 2.625 % ​ February 26, 2025 2,500 2,500 2,500 TOTAL ​ ​ ​ ​ ​ 11,250 12,250 12,250
Schedule of other comprehensive income	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, ​ ​ ​ ​ ​ ​ ​ ​ ​ (M$) 2023 2022 2021 Actuarial gains and losses ​ (114) ​ 574 ​ 1,035 Change in fair value of investments in equity instruments ​ ​ ​ (11) ​ ​ ​ 112 ​ ​ ​ 66 Tax effect (11) (96) (411) Currency translation adjustment generated by the parent company 2,573 (4,976) (7,202) Sub-total items not potentially reclassifiable to profit & loss 2,437 (4,386) (6,512) Currency translation adjustment (3,277) 1,734 4,216 – Unrealized gain/(loss) of the period ​ (2,524) ​ 1,974 ​ 4,380 – Less gain/(loss) included in net income ​ 753 ​ 240 ​ 164 Cash flow hedge ​ 2,898 (5,452) 278 – Unrealized gain/(loss) of the period ​ 3,155 ​ (4,190) ​ 109 – Less gain/(loss) included in net income ​ 257 ​ 1,262 ​ (169) Variation of foreign currency basis spread ​ ​ ​ (11) ​ ​ ​ 65 ​ ​ ​ 2 – Unrealized gain/(loss) of the period ​ ​ ​ (37) ​ ​ ​ 26 ​ ​ ​ (47) – Less gain/(loss) included in net income ​ ​ ​ (26) ​ ​ ​ (39) ​ ​ ​ (49) Share of other comprehensive income of equity affiliates, net amount ​ (208) ​ 3,497 706 – Unrealized gain/(loss) of the period ​ (194) ​ 1,071 ​ 626 – Less gain/(loss) included in net income ​ 14 ​ (2,426) ​ (80) Other ​ (2) ​ (16) (1) Tax effect ​ (730) 1,449 (135) Sub-total items potentially reclassifiable to profit & loss ​ (1,330) 1,277 5,066 TOTAL OTHER COMPREHENSIVE INCOME, NET AMOUNT 1,107 (3,109) (1,446) ​ The currency translation adjustment by currency is detailed in the following table: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2023 ​ ​ ​ ​ ​ Pound ​ ​ ​ Other (M$) Total Euro sterling Ruble currencies Currency translation adjustment generated by the parent company 2,573 2,573 – – – Currency translation adjustment (3,277) (3,174) 186 – (289) Currency translation adjustment of equity affiliates (179) (107) (9) – (63) TOTAL CURRENCY TRANSLATION ADJUSTMENT RECOGNIZED IN COMPREHENSIVE INCOME (883) (708) 177 – (352) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2022 ​ ​ Pound ​ Other (M$) Total Euro sterling Ruble currencies Currency translation adjustment generated by the parent company (4,976) (4,976) – – – Currency translation adjustment 1,734 3,120 (592) 4 (798) Currency translation adjustment of equity affiliates 3,002 (1,076) 31 4,247 (200) TOTAL CURRENCY TRANSLATION ADJUSTMENT RECOGNIZED IN COMPREHENSIVE INCOME (240) (2,932) (561) 4,251 (998) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2021 ​ ​ Pound ​ Other (M$) 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) ​ Tax effects relating to each component of other comprehensive income are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2023 2022 ​ 2021 For the year ended December 31, Pre-tax Tax Net Pre-tax Tax Net Pre-tax Tax Net (M$) ​ amount effect amount ​ amount effect amount ​ amount effect amount Actuarial gains and losses ​ (114) (10) (124) ​ 574 (106) 468 ​ 1,035 (372) 663 Change in fair value of investments in equity instruments ​ (11) ​ (1) ​ (12) ​ 112 ​ 10 ​ 122 ​ 66 ​ (39) ​ 27 Currency translation adjustment generated by the parent company ​ 2,573 – 2,573 ​ (4,976) – (4,976) ​ (7,202) – (7,202) Sub-total items not potentially reclassifiable to profit & loss ​ 2,448 (11) 2,437 ​ (4,290) (96) (4,386) ​ (6,101) (411) (6,512) Currency translation adjustment ​ (3,277) – (3,277) ​ 1,734 — 1,734 ​ 4,216 — 4,216 Cash flow hedge ​ 2,898 (733) 2,165 ​ (5,452) 1,466 (3,986) ​ 278 (130) 148 Variation of foreign currency basis spread ​ (11) ​ 3 ​ (8) ​ 65 ​ (17) ​ 48 ​ 2 ​ (5) ​ (3) Share of other comprehensive income of equity affiliates, net amount ​ (208) – (208) ​ 3,497 – 3,497 ​ 706 – 706 Other ​ (2) – (2) ​ (16) – (16) ​ (1) – (1) Sub-total items potentially reclassifiable to profit & loss ​ (600) (730) (1,330) ​ (172) 1,449 1,277 ​ 5,201 (135) 5,066 TOTAL OTHER COMPREHENSIVE INCOME ​ 1,848 (741) 1,107 ​ (4,462) 1,353 (3,109) ​ (900) (546) (1,446) ​
Schedule of share-based payment expense	​ ​ ​ ​ ​ ​ ​ ​ As of December 31, ​ ​ ​ (M$) ​ 2023 ​ 2022 ​ 2021 TotalEnergies performance shares plans 217 200 129 SunPower plans (a) – 23 25 Capital increase reserved for employees 74 28 14 TOTAL 291 251 168 ​ ( a)
TotalEnergies performance share plans
Shareholders' equity and share-based payments
Summary of performance share plans and restricted stock activities	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2018 2019 2020 2021 2022 2023 (a) Total Date of the Shareholders’ Meeting 5/24/2016 6/1/2018 6/1/2018 6/1/2018 5/28/2021 5/26/2023 Award date 3/14/2018 3/13/2019 3/18/2020 5/28/2021 3/16/2022 5/26/2023 Date of the final award (end of the vesting period) 3/15/2021 3/14/2022 3/20/2023 5/29/2024 3/17/2025 5/27/2026 Transfer authorized as from 3/16/2023 3/15/2024 3/21/2025 5/30/2026 3/17/2025 5/27/2026 Grant date IFRS 2 fair value ​ 36.22 € 40.11 € 12.40 € 27.40 € 37.22 € 46.24 € Number of performance shares ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 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 January 1, 2022 ​ - ​ 6,289,076 ​ 6,653,202 ​ 6,732,740 ​ - - 19,675,018 Notified ​ - ​ - ​ - ​ - ​ 7,353,271 - 7,353,271 Cancelled ​ - ​ (127,852) ​ (65,561) ​ (57,410) ​ (25,090) - (275,913) Finally granted ​ - ​ (6,161,224) ​ (12,680) ​ (13,750) ​ (8,000) - (6,195,654) Outstanding as of January 1, 2023 ​ - ​ - ​ 6,574,961 ​ 6,661,580 ​ 7,320,181 - 20,556,722 Notified ​ - ​ - ​ - ​ - ​ - 7,985,203 7,985,203 Cancelled ​ - ​ - ​ (128,577) ​ (98,291) ​ (86,348) (42,040) (355,256) Finally granted ​ - ​ - ​ (6,446,384) ​ (5,250) ​ (5,568) (190) (6,457,392) OUTSTANDING AS OF DECEMBER 31, 2023 ​ - ​ - ​ - ​ 6,558,039 ​ 7,228,265 7,942,973 ​ 21,729,277 ​ (a) includes 37,000 performance shares granted on December 13, 2023 to 4 executives recruited in 2023 in accordance with the decision of the Board of Directors on December 13, 2023 and the Shareholders' Meeting on May 26, 2023. For these performance shares, the vesting period begins on December 13, 2023 and the final grant date is December 14, 2026, subject to the conditions set (end of the vesting period). The IFRS 2 fair value on the grant date was €51.56 .
Capital increase reserved for employees
Shareholders' equity and share-based payments
Schedule of assumptions used for valuation of the cost	​ ​ ​ For the year ended December 31, 2023 Date of the Board of Directors meeting that decided the issue September 22, 2022 Reference price (€) (a) 56.88 Subscription price (€) (b) 45.60 Number of shares issued (in millions) (c) 8.00 (a) Average of the closing prices of the TotalEnergies shares over the twenty trading sessions preceding April 26, 2023, 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 .

Payroll, staff and employee b_2

Payroll, staff and employee benefits obligations (Tables)	12 Months Ended
	Dec. 31, 2023
Payroll, staff and employee benefits obligations
Schedule of liabilities for employee benefits obligations	​ ​ ​ ​ ​ ​ ​ ​ As of December 31, ​ ​ ​ (M$) ​ 2023 ​ 2022 ​ 2021 Pension benefits liabilities 1,453 1,308 1,966 Other benefits liabilities 468 467 633 Restructuring reserves (early retirement plans) 72 54 73 TOTAL 1,993 1,829 2,672 Net liabilities relating to assets held for sale – – (1)
Schedule of fair value of the defined benefit obligation and plan assets	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, ​ Pension benefits ​ Other benefits (M$) 2023 2022 2021 2023 2022 2021 Change in benefit obligation ​ ​ ​ ​ ​ ​ Benefit obligation at beginning of year 8,267 11,777 13,591 467 633 700 Current service cost 178 202 247 12 15 17 Interest cost 355 195 164 20 12 8 Past service cost 47 27 (197) – 9 (1) Settlements 2 5 3 – – – Plan participants’ contributions 23 17 17 – 1 – Benefits paid (563) (661) (704) (24) (22) (34) Actuarial losses / (gains) 393 (2,502) (734) (6) (155) (11) Foreign currency translation and other 146 (793) (610) (1) (25) (46) Benefit obligation at year-end 8,847 8,267 11,777 468 467 633 Of which plans entirely or partially funded 8,392 7,806 11,143 – – – Of which plans not funded 455 461 634 468 467 633 Change in fair value of plan assets ​ ​ ​ ​ ​ ​ Fair value of plan assets at beginning of year (7,306) (10,231) (10,580) – – – Interest income (332) (190) (146) – – – Actuarial losses / (gains) (272) 2,083 (290) – – – Settlements – 2 — – – – Plan participants’ contributions (23) (17) (17) – – – Employer contributions (254) (260) (303) – – – Benefits paid 523 607 635 – – – Foreign currency translation and other (104) 700 470 – – – Fair value of plan assets at year-end (7,768) (7,306) (10,231) – – – UNFUNDED STATUS 1,079 961 1,546 468 467 633 Asset ceiling 44 46 41 – — – NET RECOGNIZED AMOUNT 1,123 1,007 1,587 468 467 633 Pension benefits and other benefits liabilities 1,453 1,308 1,966 468 467 633 Other non-current assets (330) (301) (378) – – – Net benefit liabilities relating to assets held for sale – — (1) – – –
Schedule of benefit amounts recognized, estimated future payments and actuarial assumptions	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, ​ Pension benefits ​ Other benefits (M$) 2023 2022 2021 2023 2022 2021 Current service cost ​ 178 ​ 202 ​ 247 ​ 12 ​ 15 ​ 17 Past service cost 47 27 (197) – 9 (1) Settlements 2 7 3 – — — Net interest cost 28 5 18 20 12 8 Benefit amounts recognized on profit & loss 255 241 71 32 36 24 - Actuarial (Gains) / Losses ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ * Effect of changes in demographic assumptions 4 1 (71) (8) (9) (8) * Effect of changes in financial assumptions 188 (2,617) (450) (7) (138) 2 * Effect of experience adjustments 204 111 (214) 8 (8) (5) * Actual return on plan assets (272) 2,083 (294) – — — - Effect of asset ceiling (3) 3 5 – — — Benefit amounts recognized on equity 121 (419) (1,024) (6) (155) (11) TOTAL BENEFIT AMOUNTS RECOGNIZED ON COMPREHENSIVE INCOME 376 (178) (953) 25 (119) 13 ​ ​ ​ ​ ​ ​ Estimated future payments ​ ​ ​ ​ (M$) Pension benefits Other benefits 2024 551 25 2025 510 24 2026 536 23 2027 596 23 2028 612 22 2029-2033 3,098 111 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pension benefits ​ Other benefits As of December 31, 2023 2022 2021 2023 2022 2021 Discount rate (weighted average for all regions) 3.89% ​ 4.39% ​ 1.82% ​ 4.26% ​ 4.45% ​ 1.83% ​ Of which Euro zone 3.27% ​ 3.70% ​ 0.99% ​ 3.30% ​ 3.48% ​ 1.05% ​ Of which United States 4.50% ​ 4.50% ​ 3.00% ​ 4.50% ​ 4.50% ​ 3.00% ​ Of which United Kingdom 4.50% ​ 4.75% ​ 2.00% ​ – ​ — ​ — Inflation rate (weighted average for all regions) 2.49% ​ 2.91% ​ 2.41% ​ – ​ — ​ — Of which Euro zone 2.24% ​ 2.49% ​ 1.71% ​ – ​ — ​ — Of which United States 2.50% ​ 2.50% ​ 2.50% ​ – ​ — ​ — Of which United Kingdom 3.00% ​ 3.25% ​ 3.25% ​ – ​ — ​ —
Schedule of asset allocation	​ ​ ​ ​ ​ ​ ​ ​ ​ Asset allocation ​ Pension benefits as of December 31, 2023 2022 2021 ​ Equity securities 27% ​ 26% ​ 39% ​ Debt securities 47% ​ 46% ​ 35% ​ Monetary 2% ​ 3% ​ 1% ​ Annuity contracts 17% ​ 17% ​ 17% ​ Real estate 7% ​ 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$) 0.5% Increase 0.5% Decrease Benefit obligation as of December 31, 2023 (490) 538 ​ A 0.5% increase or decrease in inflation rates – all other things being equal - would have the following approximate impact on the benefit obligation: ​ ​ ​ ​ ​ ​ (M$) 0.5% Increase 0.5% Decrease Benefit obligation as of December 31, 2023 300 (290) ​
Schedule of personnel expenses and Group employees	​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, 2023 2022 2021 Personnel expenses ​ ​ Wages and salaries (including social charges) 9,210 9,002 9,207 TotalEnergies employees at December 31, ​ ​ ​ France (DROM COM includ.) ​ ​ ​ ● Management 14,675 14,130 13,903 ● Other 20,831 20,829 21,232 International ​ ​ ​ ● Management 19,470 18,183 17,346 ● Other 47,603 48,137 48,828 TOTAL 102,579 101,279 101,309

Income taxes (Tables)

Income taxes (Tables)	12 Months Ended
	Dec. 31, 2023
Income taxes
Schedule of detailed income taxes	​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, ​ ​ ​ ​ ​ ​ (M$) ​ 2023 2022 2021 Current income taxes (12,745) (19,825) (8,158) Deferred income taxes (556) (2,417) (1,429) TOTAL INCOME TAXES (13,301) (22,242) (9,587)
Schedule of deferred tax balances, including balance sheet presentation and analysis of variation	​ ​ ​ ​ ​ ​ ​ ​ As of December 31, ​ ​ ​ (M$) ​ 2023 2022 2021 Net operating losses and tax carry forwards 3,098 3,600 5,129 Employee benefits 415 409 586 Other temporary non-deductible provisions 7,569 8,813 8,235 Differences in depreciations (15,443) (14,692) (15,233) Other temporary tax deductions (3,909) (4,102) (4,221) NET DEFERRED TAX LIABILITY (8,270) (5,972) (5,504) ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, ​ ​ ​ (M$) ​ 2023 2022 2021 Deferred tax assets 3,418 5,049 5,400 Deferred tax liabilities (11,688) (11,021) (10,904) NET AMOUNT (8,270) (5,972) (5,504) ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, ​ ​ ​ (M$) ​ 2023 2022 2021 Opening balance (5,972) (5,504) (3,310) Deferred tax on income (556) (2,417) (1,429) Deferred tax on shareholders’ equity (a) (741) 1,353 (546) Changes in scope of consolidation and others (1,102) 218 (315) Currency translation adjustment 101 378 96 CLOSING BALANCE (8,270) (5,972) (5,504) (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$) ​ 2023 2022 2021 Consolidated net income 21,510 21,044 16,366 Income taxes 13,301 22,242 9,587 Pre-tax income 34,811 43,286 25,953 French statutory tax rate 25.83% ​ 25.83% ​ 28.41% Theoretical tax charge (8,992) (11,181) (7,373) Difference between French and foreign income tax rates (5,925) (9,625) (3,754) Tax effect of equity in income (loss) of affiliates 477 (489) 977 Permanent differences 800 (676) 738 Adjustments on prior years income taxes 54 64 109 Adjustments on deferred tax related to changes in tax rates 216 (610) (119) Variation of deferred tax assets not recognized 69 275 (165) INCOME TAXES IN THE STATEMENT OF INCOME (13,301) (22,242) (9,587) ​
Schedule of net operating losses and carried forward tax credits by expiration and main countries	​ ​ ​ ​ ​ ​ ​ ​ As of December 31, ​ ​ ​ ​ ​ ​ (M$) 2023 2022 2021 2022 – – 27 2023 – ​ 4 1 2024 2 ​ 2 5 2025 2 ​ 4 25 2026 (a) 8 ​ 8 1,652 2027 (b) ​ 3 ​ 1,220 ​ – 2028 and after ​ 1,201 ​ – ​ – Unlimited 1,882 ​ 2,362 3,419 TOTAL 3,098 ​ 3,600 5,129 ​ (a) 2026 and after for 2021. (b) 2027 and after for 2022. ​ As of December 31, 2023 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, 2023 ​ ​ ​ United (M$) ​ Kazakhstan ​ France Australia ​ States 2024 – ​ – ​ – ​ – 2025 – ​ – ​ – ​ – 2026 – ​ – ​ – ​ – 2027 ​ – ​ – ​ – ​ – 2028 and after 2 ​ – ​ – ​ 322 Unlimited 834 732 667 338 TOTAL 836 732 667 660 ​

Provisions and other non-curr_2

Provisions and other non-current liabilities (Tables)	12 Months Ended
	Dec. 31, 2023
Provisions and other non-current liabilities
Schedule of provisions and other non-current liabilities, including analysis of changes	​ ​ ​ ​ ​ ​ ​ ​ As of December 31, ​ ​ ​ (M$) ​ 2023 ​ 2022 ​ 2021 Litigations and accrued penalty claims 476 529 285 Provisions for environmental contingencies 750 751 812 Asset retirement obligations 11,585 13,110 14,976 Other non-current provisions 3,588 3,633 2,766 of which restructuring activities 228 282 506 of which financial risks related to non-consolidated and equity accounted for affiliates 1,708 1,582 265 of which contingency reserve on solar panels warranties (SunPower) – – 83 Other non-current liabilities 4,858 3,379 1,430 TOTAL 21,257 21,402 20,269 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Currency ​ ​ ​ ​ As of ​ ​ ​ ​ ​ translation ​ ​ ​ As of (M$) ​ January, 1 ​ Allowances ​ Reversals ​ adjustment ​ Other ​ December, 31 2023 21,402 1,269 (1,315) 212 (311) 21,257 of which provisions for financial risks ​ – ​ 18 ​ (29) ​ – ​ – ​ – of which asset retirement obligations – 524 (339) – ​ – ​ – of which provisions for environmental contingencies – 117 (158) – ​ – ​ – of which provisions for restructuring of activities – 69 (138) – ​ – ​ – 2022 20,269 2,724 (1,397) (834) ​ 640 ​ 21,402 of which provisions for financial risks – 1,363 (15) – ​ – ​ – of which asset retirement obligations – 430 (418) – ​ – ​ – of which provisions for environmental contingencies ​ – ​ 97 ​ (133) ​ – ​ – ​ – of which provisions for restructuring of activities – 31 (230) – ​ – ​ – 2021 20,925 1,446 (1,560) (404) ​ (138) ​ 20,269 of which provisions for financial risks – – – – ​ – ​ – of which asset retirement obligations – 449 (527) – ​ – ​ – of which provisions for environmental contingencies ​ – ​ 43 ​ (178) ​ – ​ – ​ – of which provisions for restructuring of activities – 415 (178) – ​ – ​ – ​
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, 2023 ​ 13,110 ​ 524 ​ (1,499) ​ 108 ​ (339) ​ 101 ​ (420) ​ 11,585 2022 ​ 14,976 ​ 430 ​ (1,172) ​ 198 ​ (418) ​ (663) ​ (241) ​ 13,110 2021 15,368 ​ 449 ​ (109) ​ 228 ​ (527) ​ (194) ​ (239) ​ 14,976

Off balance sheet commitments_2

Off balance sheet commitments and lease contracts (Tables)	12 Months Ended
	Dec. 31, 2023
Off-balance sheet commitments and lease contracts
Schedule of off-balance sheet commitments and lease contracts	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Maturity and installments As of December 31, 2023 ​ ​ ​ Less than 1 ​ Between 1 ​ More than 5 (M$) Total year and 5 years years Non-current debt obligations net of hedging instruments (Note 15) ​ 31,493 ​ – ​ 13,068 ​ 18,425 Current portion of non-current debt obligations net of hedging instruments (Note 15) 5,669 5,669 – – Lease obligations (Note 13.2) 9,477 1,721 3,652 4,104 Asset retirement obligations (Note 12) 11,585 453 1,452 9,680 Contractual obligations recorded in the balance sheet 58,224 7,843 18,172 32,209 Lease obligations for low value assets, short term contracts or not yet commenced (Note 13.2) 2,221 643 1,049 529 Purchase obligations 178,772 14,536 40,850 123,386 Contractual obligations not recorded in the balance sheet 180,993 15,179 41,899 123,915 TOTAL OF CONTRACTUAL OBLIGATIONS 239,217 23,022 60,071 156,124 Guarantees given to customs authorities 2,001 1,913 47 41 Guarantees given on borrowings 19,219 582 9,506 9,131 Guarantees related to sales of businesses 312 160 – 152 Guarantees of current liabilities 67 67 – – Guarantees to customers / suppliers 23,382 6,768 3,946 12,668 Letters of credit 3,294 3,002 270 22 Other operating commitments 20,409 8,698 1,083 10,628 TOTAL OF OTHER COMMITMENTS GIVEN 68,684 21,190 14,852 32,642 Assets received as collateral (security interests) ​ 42 ​ 22 ​ 8 ​ 12 Sales obligations 97,436 8,470 47,178 41,788 Other commitments received 25,365 18,025 3,355 3,985 TOTAL OF COMMITMENTS RECEIVED 122,843 26,517 50,541 45,785 of which commitments given relating to joint ventures 32,846 906 10,643 21,297 of which commitments given relating to associates 97,130 850 14,676 81,604 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Maturity and installments As of December 31, 2022 ​ ​ ​ Less than 1 ​ Between 1 ​ More than 5 (M$) Total year and 5 years years Non-current debt obligations net of hedging instruments (Note 15) ​ 35,684 ​ – ​ 14,229 ​ 21,455 Current portion of non-current debt obligations net of hedging instruments (Note 15) 5,328 5,328 – – Lease obligations (Note 13.2) 9,714 1,437 3,872 4,405 Asset retirement obligations (Note 12) 13,110 521 1,497 11,092 Contractual obligations recorded in the balance sheet 63,836 7,286 19,598 36,952 Lease obligations for low value assets, short term contracts or not yet commenced (Note 13.2) 1,830 783 610 437 Purchase obligations 139,050 11,286 40,516 87,248 Contractual obligations not recorded in the balance sheet 140,880 12,069 41,126 87,685 TOTAL OF CONTRACTUAL OBLIGATIONS 204,716 19,355 60,724 124,637 Guarantees given to customs authorities 2,003 1,904 53 46 Guarantees given on borrowings 20,218 2,519 5,814 11,885 Guarantees related to sales of businesses 310 157 – 153 Guarantees of current liabilities 62 61 1 – Guarantees to customers / suppliers 23,757 3,539 2,275 17,943 Letters of credit 2,430 2,241 172 17 Other operating commitments 23,039 5,198 900 16,941 TOTAL OF OTHER COMMITMENTS GIVEN 71,819 15,619 9,215 46,985 Assets received as collateral (security interests) 45 14 10 21 Sales obligations 94,977 6,267 36,341 52,369 Other commitments received 25,650 19,261 2,817 3,572 TOTAL OF COMMITMENTS RECEIVED 120,672 25,542 39,168 55,962 of which commitments given relating to joint ventures 32,054 2,006 5,666 24,382 of which commitments given relating to associates ​ 52,270 839 11,638 39,793 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Maturity and installments As of December 31, 2021 ​ ​ ​ Less than 1 ​ Between 1 ​ More than 5 (M$) Total year and 5 years years Non-current debt obligations net of hedging instruments (Note 15) 40,311 ​ – ​ 16,811 ​ 23,500 Current portion of non-current debt obligations net of hedging instruments (Note 15) 5,073 5,073 – – Lease obligations (Note 13.2) 9,034 1,390 3,321 4,323 Asset retirement obligations (Note 12) 14,976 610 1,751 12,615 Contractual obligations recorded in the balance sheet 69,394 7,073 21,883 40,438 Lease obligations for low value assets, short term contracts or not yet commenced (Note 13.2) 1,679 689 543 447 Purchase obligations 136,032 13,333 36,174 86,525 Contractual obligations not recorded in the balance sheet 137,711 14,022 36,717 86,972 TOTAL OF CONTRACTUAL OBLIGATIONS 207,105 21,095 58,600 127,410 Guarantees given to customs authorities 2,236 2,122 50 64 Guarantees given on borrowings 20,428 595 3,734 16,099 Guarantees related to sales of businesses 316 163 – 153 Guarantees of current liabilities 70 69 1 – Guarantees to customers / suppliers 23,494 3,093 4,376 16,025 Letters of credit 2,993 2,869 122 2 Other operating commitments 21,138 3,058 1,594 16,486 TOTAL OF OTHER COMMITMENTS GIVEN 70,675 11,969 9,877 48,829 Assets received as collateral (security interests) 62 37 16 9 Sales obligations 92,555 7,565 33,271 51,719 Other commitments received 22,326 17,285 1,755 3,286 TOTAL OF COMMITMENTS RECEIVED 114,943 24,887 35,042 55,014 of which commitments given relating to joint ventures 33,373 253 7,353 25,767 of which commitments given relating to associates ​ 34,491 727 9,110 24,654
Schedule of future minimum lease payments on leases	​ ​ ​ ​ ​ ​ For the year ended December 31, 2023 ​ Leases recorded in (M$) ​ Exempted contracts ​ balance sheet 2024 643 2,473 2025 406 1,607 2026 249 1,384 2027 231 1,142 2028 163 1,007 2029 and beyond 529 6,188 Total minimum payments 2,221 13,801 Less financial expenses (4,324) Nominal value of contracts 9,477 Less current portion of lease contracts (Note 15) (1,721) Non-current lease liabilities 7,756 ​ ​ ​ ​ ​ ​ For the year ended December 31, 2022 ​ Leases recorded in (M$) ​ Exempted contracts ​ balance sheet 2023 783 2,189 2024 190 1,646 2025 154 1,255 2026 137 1,140 2027 129 993 2028 and beyond 437 6,053 Total minimum payments 1,830 13,276 Less financial expenses (3,562) Nominal value of contracts 9,714 Less current portion of lease contracts (Note 15) (1,437) Non-current lease liabilities 8,277 ​ ​ ​ ​ ​ ​ For the year ended December 31, 2021 ​ ​ Leases recorded in (M$) ​ 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

Financial assets and liabilit_2

Financial assets and liabilities analysis per instrument class and strategy (Tables)	12 Months Ended
	Dec. 31, 2023
Financial assets and liabilities analysis per instrument class and strategy
Schedule 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, 2023 ​ ​ ​ ​ ​ 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 4,260 302 – – 4,562 4,562 Other investments – 1,188 355 – 1,543 1,543 Non-current financial assets 1,166 414 142 673 2,395 2,395 Other non-current assets 3,983 – – – 3,983 3,983 Accounts receivable, net (b) 23,442 – – – 23,442 23,442 Other operating receivables 7,940 6,775 237 – 14,952 14,952 Current financial assets 5,046 1,448 – 91 6,585 6,585 Cash and cash equivalents 27,263 – – – 27,263 27,263 Total financial assets 73,100 10,127 734 764 84,725 84,725 Total non-financial assets ​ ​ ​ ​ ​ ​ ​ 198,929 ​ TOTAL ASSETS ​ ​ ​ ​ ​ ​ ​ 283,654 ​ Non-current financial debt (a) (38,040) (240) – (2,198) (40,478) (41,329) Accounts payable (b) (41,335) – – – (41,335) (41,335) Other operating liabilities (12,287) (7,573) (77) – (19,937) (19,937) Current borrowings (a) (9,590) – – – (9,590) (9,601) Other current financial liabilities – (178) – (268) (446) (446) Total financial liabilities (101,252) (7,991) (77) (2,466) (111,786) (112,648) Total non-financial liabilities ​ ​ ​ ​ ​ ​ ​ (171,868) ​ TOTAL LIABILITIES ​ ​ ​ ​ ​ ​ ​ (283,654) ​ (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 $(5,897) million and $5,897 million on accounts payable . ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2022 ​ ​ ​ ​ ​ Other ​ ​ ​ ​ ​ ​ (M$) ​ ​ Fair value through comprehensive Fair value of bonds ​ ​ ​ ​ Assets / (Liabilities) Amortized cost P&L income hedging instruments Total Fair value Equity affiliates: loans 3,733 — — — 3,733 3,733 Other investments — 932 119 — 1,051 1,051 Non-current financial assets 1,428 490 — 813 2,731 2,731 Other non-current assets 2,087 — — — 2,087 2,087 Accounts receivable, net (b) 24,378 — — — 24,378 24,378 Other operating receivables 8,069 19,529 691 — 28,289 28,289 Current financial assets 7,536 1,071 137 2 8,746 8,746 Cash and cash equivalents 33,026 — — — 33,026 33,026 Total financial assets 80,257 22,022 947 815 104,041 104,041 Total non-financial assets ​ ​ ​ ​ ​ ​ ​ 199,823 ​ TOTAL ASSETS ​ ​ ​ ​ ​ ​ ​ 303,864 ​ Non-current financial debt (a) (41,235) (283) — (3,746) (45,264) (43,471) Accounts payable (b) (41,346) — — — (41,346) (41,346) Other operating liabilities (16,412) (17,994) (780) — (35,186) (35,186) Current borrowings (a) (15,502) — — — (15,502) (15,518) Other current financial liabilities — (226) — (262) (488) (488) Total financial liabilities (114,495) (18,503) (780) (4,008) (137,786) (136,009) Total non-financial liabilities ​ ​ ​ ​ ​ ​ ​ (166,078) ​ TOTAL LIABILITIES ​ ​ ​ ​ ​ ​ ​ (303,864) ​ (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 $(10,156) million and $10,156 million on accounts payable . ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2021 ​ ​ ​ ​ ​ Other ​ ​ ​ ​ ​ (M$) ​ ​ 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 .

Financial structure and finan_2

Financial structure and financial costs (Tables)	12 Months Ended
	Dec. 31, 2023
Financial structure, financial costs and financial instruments
Schedule of non-current financial debt and related financial instruments	​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2023 ​ ​ ​ ​ ​ ​ (M$) ​ ​ ​ ​ ​ ​ (Assets) / Liabilities Secured Unsecured Total Non-current financial debt 8,427 32,051 40,478 of which hedging instruments of non-current financial debt (liabilities) – 2,198 2,198 Non-current financial assets (1,166) (1,229) (2,395) of which hedging instruments of non-current financial debt (assets) – (673) (673) NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS 7,261 30,822 38,083 Variable rate bonds or bonds after fair value hedge – 7,051 7,051 Fixed rate bonds or bonds after cash flow hedge – 22,839 22,839 Other floating rate debt 430 408 838 Other fixed rate debt 241 840 1,081 Lease obligations 7,756 – 7,756 Non-current financial assets excluding derivative financial instruments ​ (1,166) ​ (142) ​ (1,308) Non-current instruments held for trading – (174) (174) NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS 7,261 30,822 38,083 ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2022 ​ ​ ​ ​ ​ ​ (M$) ​ ​ ​ ​ ​ ​ (Assets) / Liabilities Secured Unsecured Total Non-current financial debt 8,329 36,935 45,264 of which hedging instruments of non-current financial debt (liabilities) – 3,746 3,746 Non-current financial assets (1,428) (1,303) (2,731) of which hedging instruments of non-current financial debt (assets) – (813) (813) NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS 6,901 35,632 42,533 Variable rate bonds or bonds after fair value hedge – 8,958 8,958 Fixed rate bonds or bonds after cash flow hedge – 26,159 26,159 Other floating rate debt 13 227 240 Other fixed rate debt 39 496 535 Lease obligations ​ 8,277 – 8,277 Non-current financial assets excluding derivative financial instruments (1,428) ​ – ​ (1,428) Non-current instruments held for trading – (208) (208) NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS 6,901 35,632 42,533 ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2021 ​ ​ ​ ​ ​ ​ (M$) ​ ​ ​ ​ ​ ​ (Assets) / Liabilities Secured Unsecured Total Non-current financial debt 7,720 41,792 49,512 of which hedging instruments of non-current financial debt (liabilities) – 1,498 1,498 Non-current financial assets (847) (1,557) (2,404) of which hedging instruments of non-current financial debt (assets) – (787) (787) NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS 6,873 40,235 47,108 Variable rate bonds or bonds after fair value hedge – 12,820 12,820 Fixed rate bonds or bonds after cash flow hedge – 27,147 27,147 Other floating rate debt 15 634 649 Other fixed rate debt 61 363 424 Lease obligations 7,644 ​ – ​ 7,644 Non-current financial assets excluding derivative financial instruments (847) (675) (1,522) Non-current instruments held for trading ​ – ​ (54) ​ (54) NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS 6,873 40,235 47,108
Schedule of fair value of bonds after taking into account currency and interest rates swaps	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Amount ​ Amount ​ Amount ​ ​ ​ ​ ​ Bonds after fair value hedge or variable rate ​ ​ ​ after ​ after ​ after ​ Range ​ Range of initial current rate ​ bonds (a) ​ Currency of ​ December 31, ​ December 31, ​ December 31, ​ of current ​ before hedging ​ (M$) issuance 2023 2022 2021 maturities instruments ​ Bond ​ USD ​ 3,542 ​ 5,042 ​ 5,001 ​ 2024 - 2028 ​ 2.434% - 3.883 % Bond ​ CHF ​ 409 ​ 407 ​ 409 ​ 2026 - 2029 ​ 0.176% - 0.298 % Bond ​ AUD ​ 71 ​ 71 ​ 71 ​ 2025 ​ 4.000 % Bond ​ EUR ​ 3,209 ​ 5,574 ​ 7,528 ​ 2024 - 2044 ​ 0.625% - 3.000 % Bond ​ GBP ​ 929 ​ 925 ​ 1,524 ​ 2025 - 2031 ​ 1.405% - 1.750 % Bond ​ HKD ​ 130 ​ 129 ​ 129 ​ 2025 ​ 2.920 % Current portion (less than one year) ​ ​ ​ (2,118) ​ (3,890) ​ (2,540) ​ ​ ​ ​ ​ Principal financing entities (b) ​ ​ ​ 6,172 ​ 8,258 ​ 12,122 ​ ​ ​ ​ ​ TotalEnergies SE ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Bond ​ ​ ​ — ​ — ​ 1,200 ​ ​ ​ ​ ​ Current portion (less than one year) ​ ​ ​ — ​ — ​ (1,200) ​ ​ ​ ​ ​ Other consolidated subsidiaries ​ ​ ​ 879 ​ 700 ​ 698 ​ ​ ​ ​ ​ TOTAL VARIABLE RATE BONDS OR BONDS AFTER FAIR VALUE HEDGE ​ ​ ​ 7,051 ​ 8,958 ​ 12,820 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 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 2023 2022 2021 maturities instruments ​ Bond EUR 15,448 15,628 15,487 2024 - 2044 0.696% - 5.125 % Bond USD 8,301 8,783 9,941 2024 - 2060 2.829% - 3.461 % Bond ​ HKD ​ 187 ​ 187 ​ 200 ​ 2026 ​ 3.088 % Bond ​ CHF ​ 1,088 ​ 1,076 ​ 1,113 ​ 2024 - 2027 ​ 0.510% - 1.010 % Bond ​ GBP ​ 980 ​ 985 ​ 1,004 ​ 2024 - 2026 ​ 1.250% - 1.660 % Bond ​ AUD ​ (1) ​ (2) ​ 5 ​ 2025 ​ 4.000 % Current portion (less than one year) (3,175) (500) (1,000) ​ ​ Principal financing entities (b) 22,828 26,157 26,750 ​ Other consolidated subsidiaries 11 2 397 ​ TOTAL FIXED RATE BONDS OR BONDS AFTER CASH FLOW HEDGE 22,839 26,159 27,147 ​ ​ (a) The IBOR rate reform mainly impacted the bonds after fair value hedge, on principal financing entities and TotalEnergies SE, indexed on the USD LIBOR rate. At December 31, 2023, the amount of the bonds after fair value hedge (both non-current and current portions) on principal financing entities and TotalEnergies SE is $ 8,290 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 acted 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. ​
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 ​ ​ 2023 ​ Non ‑ current ​ financial debt ​ financial ​ financial debt ​ related financial ​ ​ (M$) ​ financial debt ​ (liabilities) ​ assets ​ (assets) ​ instruments ​ % 2025 5,381 369 (434) (110) 4,947 13 % 2026 4,013 323 (304) (102) 3,709 10 % 2027 3,720 85 (349) (55) 3,371 9 % 2028 4,502 304 (246) (142) 4,256 11 % 2029 and beyond 22,862 1,117 (1,062) (264) 21,800 57 % TOTAL 40,478 2,198 (2,395) (673) 38,083 100 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ of which hedging ​ of which hedging ​ ​ ​ ​ ​ ​ instruments ​ ​ ​ instruments ​ Non-current net ​ ​ As of December 31, ​ ​ ​ of non ‑ current ​ Non-current ​ of non-current ​ financial debt and ​ ​ 2022 ​ Non ‑ current ​ financial debt ​ financial ​ financial debt ​ related financial ​ ​ (M$) financial debt ​ (liabilities) ​ assets ​ (assets) ​ instruments ​ % ​ 2024 7,251 399 (899) (56) 6,352 15 % 2025 4,701 552 (259) (168) 4,442 10 % 2026 3,465 467 (194) (107) 3,271 8 % 2027 3,522 217 (104) (17) 3,418 8 % 2028 and beyond 26,325 2,111 (1,275) (465) 25,050 59 % TOTAL 45,264 3,746 (2,731) (813) 42,533 100 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 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 ​ ​ 2021 ​ Non ‑ current ​ financial debt ​ financial ​ financial debt ​ related financial ​ ​ (M$) financial debt (liabilities) assets (assets) instruments % 2023 6,143 115 (111) (51) 6,032 13 % 2024 6,506 190 (219) (103) 6,287 13 % 2025 4,471 194 (89) (51) 4,382 9 % 2026 3,348 238 (71) (34) 3,277 7 % 2027 and beyond 29,044 761 (1,914) (548) 27,130 58 % TOTAL 49,512 1,498 (2,404) (787) 47,108 100 % ​
Schedule of analysis by currency and interest rate	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, ​ (M$) 2023 % 2022 % 2021 % U.S. dollar 34,789 91 % 38,896 91 % 44,387 94 % Euro 2,322 6 % 2,083 5 % 1,708 4 % Norwegian krone 40 0 % 47 0 % 67 0 % Other currencies 932 3 % 1,507 4 % 946 2 % TOTAL 38,083 100 % 42,533 100 % 47,108 100 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (M$) 2023 % 2022 % 2021 % Fixed rate 30,311 80 % 33,533 79 % 34,353 73 % Floating rate 7,772 20 % 9,000 21 % 12,755 27 % TOTAL 38,083 100 % 42,533 100 % 47,108 100 % ​
Schedule of current financial assets and liabilities	​ ​ ​ ​ ​ ​ ​ ​ As of December 31, ​ ​ ​ ​ ​ ​ (M$) ​ ​ ​ ​ ​ ​ (Assets) / Liabilities 2023 2022 2021 Current financial debt (a) 2,377 8,997 8,846 Current lease obligations 1,721 1,437 1,390 Current portion of non-current financial debt 5,492 5,068 4,799 Current borrowings (Note 14) 9,590 15,502 15,035 Current portion of hedging instruments of debt (liabilities) 268 262 316 Other current financial instruments (liabilities) 178 226 56 Other current financial liabilities (Note 14) 446 488 372 Current deposits beyond three months (5,450) (8,127) (11,868) Marketable securities ​ (519) ​ (218) ​ (195) Financial receivables on sub-lease, current (329) (190) (132) Current portion of hedging instruments of debt (assets) (91) (2) (42) Other current financial instruments (assets) (196) (209) (78) Current financial assets (Note 14) (6,585) (8,746) (12,315) NET CURRENT BORROWINGS 3,451 7,244 3,092 ​ (a) As of December 31, 2023, December 31, 2022 and December 31, 2021, current financial debt includes notably short-term negotiable debt security issued through programs fully and unconditionally secured by TotalEnergies SE.
Schedule of variations of financial debt	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Non-cash changes ​ ​ ​ ​ As of ​ ​ ​ Change in scope, ​ ​ ​ ​ ​ Reclassification ​ ​ ​ As of ​ ​ January 1, ​ Cash ​ including IFRS 5 ​ Foreign ​ Changes in ​ Non-current / ​ ​ ​ December 31, (M$) 2023 changes reclassification currency fair value Current Other 2023 Non-current financial instruments - assets (a) ​ (2,731) ​ — ​ (96) ​ (21) ​ 353 ​ 387 ​ (287) ​ (2,395) Non-current financial debt ​ 45,264 ​ 130 ​ 667 ​ 65 ​ (343) ​ (7,573) ​ 2,268 ​ 40,478 Non-current financial debt and related financial instruments ​ 42,533 ​ 130 ​ 571 ​ 44 ​ 10 ​ (7,186) ​ 1,981 ​ 38,083 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Current financial instruments - assets (a) (401) 383 (1) (8) (68) (387) (134) (616) Current borrowings 15,502 (14,660) 181 389 121 7,573 484 9,590 Current financial instruments - liabilities (a) 488 — 6 11 (59) — — 446 Current financial debt and related financial instruments 15,589 (14,277) 186 392 (6) 7,186 350 9,420 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Financial debt and financial assets classified as held for sale (38) — 341 7 — — — 310 NET FINANCIAL DEBT 58,084 (14,147) 1,098 443 4 — 2,331 47,813 (a) Fair value or cash flow hedge instruments and other non-hedge debt-related derivative instruments. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Non-cash changes ​ ​ ​ ​ As of ​ ​ ​ Change in scope, ​ ​ ​ ​ ​ Reclassification ​ ​ ​ As of ​ ​ January 1, ​ Cash ​ including IFRS 5 ​ Foreign ​ Changes in ​ Non-current / ​ ​ ​ December 31, (M$) 2022 changes reclassification currency fair value Current Other 2022 Non-current financial instruments - assets (a) (2,404) ​ — ​ 24 52 ​ (448) ​ 198 ​ (153) ​ (2,731) Non-current financial debt 49,512 ​ 1,108 ​ (696) (225) ​ 175 ​ (6,981) ​ 2,371 ​ 45,264 Non-current financial debt and related financial instruments ​ 47,108 ​ 1,108 ​ (672) ​ (173) ​ (273) ​ (6,783) ​ 2,218 ​ 42,533 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Current financial instruments - assets (a) (252) 264 — 6 (97) (198) (124) (401) Current borrowings 15,035 (6,337) (316) (106) (69) 6,981 314 15,502 Current financial instruments - liabilities (a) 372 — — (9) 125 — — 488 Current financial debt and related financial instruments ​ 15,155 ​ (6,073) ​ (316) ​ (109) ​ (41) ​ 6,783 ​ 190 ​ 15,589 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Financial debt and financial assets classified as held for sale (4) — (34) — — — — (38) NET FINANCIAL DEBT 62,259 (4,965) (1,022) (282) (314) — 2,408 58,084 ​ (a) Fair value or cash flow hedge instruments and other non-hedge debt-related derivative instruments. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Non-cash changes ​ ​ ​ ​ As of ​ ​ ​ Change in scope, ​ ​ ​ ​ ​ Reclassification ​ ​ ​ As of ​ ​ January 1, ​ Cash ​ including IFRS 5 ​ Foreign ​ Changes in ​ Non-current / ​ ​ ​ December 31, (M$) 2021 changes reclassification currency fair value Current Other 2021 Non-current financial instruments - assets (a) ​ (4,781) ​ (290) ​ 1 ​ 64 ​ 2,432 ​ 188 ​ (18) ​ (2,404) Non-current financial debt 60,203 (359) (58) (183) (2,377) (9,254) 1,540 49,512 Non-current financial debt and related financial instruments 55,422 (649) (57) (119) 55 (9,066) 1,522 47,108 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Current financial instruments - assets (a) (194) 191 — 8 (45) (188) (24) (252) Current borrowings ​ 17,099 ​ (11,047) ​ 15 ​ (283) ​ (158) ​ 9,254 ​ 155 ​ 15,035 Current financial instruments - liabilities (a) 203 — 1 (11) 179 — — 372 Current financial debt and related financial instruments 17,108 (10,856) 16 (286) (24) 9,066 131 15,155 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Financial debt and financial assets classified as held for sale 313 — (306) (11) — — — (4) NET FINANCIAL DEBT 72,843 (11,505) (347) (416) 31 — 1,653 62,259
Schedule of monetary changes in non-current financial debt	​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, ​ ​ ​ ​ ​ ​ (M$) 2023 2022 2021 Issuance of non-current debt 189 1,148 808 Repayment of non-current debt (59) (40) (1,167) NET AMOUNT 130 1,108 (359)
Schedule of cash and cash equivalents	​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, ​ ​ ​ ​ ​ ​ (M$) 2023 2022 2021 Cash 16,956 14,873 13,544 Cash equivalents 10,307 18,153 7,798 TOTAL 27,263 33,026 21,342
Schedule of net-debt-to-equity ratio	​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, ​ ​ ​ ​ ​ ​ (M$) ​ ​ ​ (Assets) / Liabilities 2023 2022 2021 ​ Current borrowings (a) 7,869 ​ 14,065 ​ 13,645 ​ Other current financial liabilities 446 ​ 488 ​ 372 ​ Current financial assets (a) (6,256) ​ (8,556) ​ (12,183) ​ Net financial assets and liabilities held for sale or exchange (a) 17 ​ (38) ​ (4) ​ Non-current financial debt (a) 32,722 ​ 36,987 ​ 41,868 ​ Non-current financial assets (a) (1,229) ​ (1,303) ​ (1,557) ​ Cash and cash equivalents (27,263) ​ (33,026) ​ (21,342) ​ Net financial debt excluding leases 6,306 ​ 8,617 ​ 20,799 ​ ​ ​ ​ ​ ​ ​ ​ ​ Shareholders’ equity – TotalEnergies share 116,753 ​ 111,724 ​ 111,736 ​ Distribution of the income based on existing shares at the closing date 2,700 ​ 2,846 ​ 3,263 ​ Shareholders’ equity 119,453 ​ 114,570 ​ 114,999 ​ ​ ​ ​ ​ ​ ​ ​ ​ NET-DEBT-TO-CAPITAL RATIO EXCLUDING LEASES 5.0 % 7.0 % 15.3 %
Fair value hedge
Financial structure, financial costs and financial instruments
Schedule of hedging instruments	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (M$) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cumulative FVH ​ ​ ​ ​ Nominal ​ ​ ​ ​ adjustments included ​ ​ ​ ​ amount of Carrying amount of ​ Carrying amount of ​ in the carrying amount ​ Line items in the ​ Hedging ​ hedging hedging instruments ​ hedged items ​ of the hedged items ​ statement of Hedged items instruments instruments Assets Liabilities Assets Liabilities Assets Liabilities financial position ​ ​ Interest Rate ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Financial debt / Bonds Swaps ​ 3,500 — (86) — ​ (3,457) ​ — ​ 43 ​ Financial assets ​ ​ Cross Currency ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Financial debt / Bonds Swaps ​ 4,671 45 (559) — ​ (4,232) ​ — ​ 439 ​ Financial assets End of hedging (before 2018) ​ ​ ​ — ​ — ​ — ​ — ​ — ​ — ​ 10 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (M$) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 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 ​ 5,000 — (151) — ​ (4,892) ​ — ​ 108 ​ Financial assets ​ Cross Currency ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Financial debt / Bonds ​ Swaps ​ 7,029 — (1,124) — ​ (5,982) ​ — ​ 1,047 ​ Financial assets End of hedging (before 2018) ​ ​ ​ — ​ — ​ — ​ — ​ — ​ — ​ (8) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, 2021 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cumulative FVH ​ ​ (M$) ​ Nominal ​ ​ ​ ​ adjustments included ​ ​ ​ ​ amount of Carrying amount of ​ Carrying amount of ​ in the carrying amount ​ Line items in the ​ Hedging ​ hedging hedging instruments ​ hedged items ​ of the hedged items ​ statement of Hedged items instruments instruments Assets Liabilities Assets Liabilities Assets Liabilities financial position Bonds ​ Interest Rate ​ 6,767 ​ 303 ​ (36) ​ — ​ (7,037) ​ — ​ (837) ​ Financial debt / Financial assets Bonds ​ Cross Currency ​ 9,566 ​ 154 ​ (382) ​ — ​ (8,865) ​ — ​ 701 ​ Financial debt / Financial assets End of hedging (before 2018) ​ ​ — ​ — ​ — ​ — ​ — ​ — ​ (27) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
Cash flow hedge
Financial structure, financial costs and financial instruments
Schedule of hedging instruments	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Nominal ​ ​ ​ Nature of ​ amount of ​ Carrying amount of ​ Line items in the For the year ended December 31, 2023 ​ hedging ​ hedging ​ hedging instruments ​ statement of (M$) instruments instruments Assets ​ Liabilities ​ financial position ​ Interest Rate ​ ​ ​ Financial debt / Bonds ​ Swaps ​ 12,023 ​ 611 ​ — ​ Financial assets ​ ​ Cross Currency ​ ​ ​ ​ ​ ​ ​ Financial debt / Bonds Swaps 17,511 108 (1,821) Financial assets ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Nominal ​ ​ ​ Nature of ​ amount of ​ Carrying amount of ​ Line items in the For the year ended December 31, 2022 ​ hedging ​ hedging ​ hedging instruments ​ statement of (M$) instruments instruments Assets ​ Liabilities ​ financial position ​ Interest Rate ​ ​ ​ Financial debt / Bonds ​ Swaps ​ 12,782 ​ 815 ​ (2) ​ Financial assets ​ ​ Cross Currency ​ ​ ​ ​ ​ ​ ​ Financial debt / Bonds Swaps 17,511 — (2,731) Financial assets ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Nominal ​ ​ ​ Nature of ​ amount of ​ Carrying amount of ​ Line items in the For the year ended December 31, 2021 ​ hedging ​ hedging ​ hedging instruments ​ statement of (M$) 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 ​
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$) ​ amount ​ fair value ​ points ​ points As of December 31, 2023 Bonds (non-current portion, before swaps) (28,365) (29,216) 162 (162) Swaps hedging bonds (liabilities) (2,198) (2,198) — — Swaps hedging bonds (assets) 673 673 — — Total swaps hedging bonds (assets and liabilities) (1,525) (1,525) (12) 12 Current portion of non-current debt after swaps (excluding lease obligations) (5,669) (5,680) (1) (7) Other interest rates swaps 240 240 17 (17) Currency swaps and forward exchange contracts (29) (29) — — As of December 31, 2022 Bonds (non-current portion, before swaps) (32,184) (30,391) 210 (210) Swaps hedging bonds (liabilities) (3,746) (3,746) — — Swaps hedging bonds (assets) 813 813 — — Total swaps hedging bonds (assets and liabilities) (2,933) (2,933) (9) 9 Current portion of non-current debt after swaps (excluding lease obligations) (5,328) (5,344) 3 (3) Other interest rates swaps 281 281 10 (10) Currency swaps and forward exchange contracts (68) (68) — — As of December 31, 2021 Bonds (non-current portion, before swaps) (39,256) (42,888) 349 (349) Swaps hedging bonds (liabilities) (1,498) (1,498) — — Swaps hedging bonds (assets) 787 787 — — Total swaps hedging bonds (assets and liabilities) (711) (711) (34) 34 Current portion of non-current debt after swaps (excluding lease obligations) (5,073) (5,077) 5 (5) Other interest rates swaps 31 31 16 (16) Currency swaps and forward exchange contracts 45 45 — — ​ The impact of changes in interest rates on the cost of net debt before tax is as follows: ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, ​ ​ ​ (M$) ​ 2023 2022 2021 Cost of net debt (1,019) (1,243) (1,525) Interest rate translation of : ​ ​ ​ + 10 basis points 10 18 47 ‑ 10 basis points (10) (18) (47) ​
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, 2023 0.90 0.79 89.14 December 31, 2022 0.94 0.83 74.01 December 31, 2021 0.88 0.74 75.31 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2023 ​ ​ ​ Pound ​ Other (M$) ​ Total ​ Euro ​ Dollar ​ sterling ​ Ruble ​ currencies Shareholders’ equity at historical exchange rate 130,454 19,198 92,202 4,732 — 14,322 Currency translation adjustment before net investment hedge (13,696) (7,881) — (2,285) — (3,530) Net investment hedge – open instruments (5) (5) — — — — Shareholders’ equity at exchange rate as of December 31, 2023 116,753 11,312 92,202 2,447 — 10,792 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2022 ​ ​ ​ Pound ​ Other (M$) ​ Total ​ Euro ​ Dollar ​ sterling ​ Ruble ​ currencies Shareholders’ equity at historical exchange rate 124,560 15,835 88,902 6,258 45 13,520 Currency translation adjustment before net investment hedge (12,831) (7,170) – (2,463) (30) (3,168) Net investment hedge – open instruments (5) (5) – – – – Shareholders’ equity at exchange rate as of December 31, 2022 111,724 8,660 88,902 3,795 15 10,352 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2021 ​ ​ ​ Pound ​ Other (M$) ​ Total ​ Euro ​ Dollar ​ sterling ​ Ruble ​ currencies Shareholders’ equity at historical exchange rate 124,407 24,617 70,030 6,064 10,596 13,100 Currency translation adjustment before net investment hedge (12,666) (4,239) – (1,902) (4,281) (2,244) Net investment hedge – open instruments (5) (5) – – – – Shareholders’ equity at exchange rate as of December 31, 2021 111,736 20,373 70,030 4,162 6,315 10,856 ​ Based on the 2023 financial statements, a conversion using rates different from + or - 10% for each of the currencies below would have the following impact on shareholders equity and net income (TotalEnergies share): ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2023 ​ ​ Pound ​ ​ Norwegian (M$) ​ Euro sterling Ruble Crown Impact of an increase of 10% of exchange rates on : ​ ​ – Shareholders’ equity 1,131 245 – ​ – – net income (TotalEnergies share) 310 94 – ​ – Impact of a decrease of (10)% of exchange rates on : ​ ​ ​ – Shareholders’ equity (1,131) (245) – ​ – – net income (TotalEnergies share) (310) (94) – ​ – ​
Liquidity risk
Financial structure, financial costs and financial instruments
Schedule of liquidity risk - maturity of financial assets and liabilities	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Assets/(Liabilities) ​ Less than ​ ​ ​ ​ More than ​ ​ (M$) ​ one year ​ 1-2 years ​ 2-3 years ​ 3-4 years ​ 4-5 years ​ 5 years ​ Total Non-current financial debt (notional value excluding interests) — (5,079) (3,816) (3,615) (4,356) (22,525) (39,391) Non-current financial assets excluding derivative financial instruments ​ — ​ 132 ​ 107 ​ 244 ​ 100 ​ 725 ​ 1,308 Current borrowings (9,590) — — — — — (9,590) Other current financial liabilities (446) — — — — — (446) Current financial assets 6,585 — — ​ — — — 6,585 Net financial assets and liabilities held for sale or exchange (310) — — — — — (310) Cash and cash equivalents 27,263 — — — — — 27,263 Net amount before financial expense 23,502 (4,947) (3,709) (3,371) (4,256) (21,800) (14,581) Financial expense on non-current financial debt (469) (517) (460) (430) (390) (4,242) (6,508) Interest differential on swaps (355) (265) (261) (216) (209) (537) (1,843) NET AMOUNT 22,678 (5,729) (4,430) (4,017) (4,855) (26,579) (22,932) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Assets/(Liabilities) ​ Less than ​ ​ ​ ​ More than ​ ​ (M$) ​ 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) — (6,719) (4,527) (3,356) (3,503) (25,856) (43,961) Non-current financial assets excluding derivative financial instruments ​ — ​ 367 ​ 85 ​ 85 ​ 85 ​ 806 ​ 1,428 Current borrowings (15,502) — — — — — (15,502) Other current financial liabilities (488) — — — — — (488) Current financial assets 8,746 — — — — — 8,746 Net financial assets and liabilities held for sale or exchange 38 — — — — — 38 Cash and cash equivalents 33,026 — — — — — 33,026 Net amount before financial expense 25,820 (6,352) (4,442) (3,271) (3,418) (25,050) (16,713) Financial expense on non-current financial debt (662) (583) (515) (449) (416) (4,611) (7,236) Interest differential on swaps (431) (312) (264) (272) (221) (761) (2,261) NET AMOUNT 24,727 (7,247) (5,221) (3,992) (4,055) (30,422) (26,210) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2021 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Assets/(Liabilities) ​ Less than ​ ​ ​ ​ ​ ​ ​ ​ ​ More than ​ ​ (M$) ​ one year ​ 1-2 years ​ 2-3 years ​ 3-4 years ​ 4-5 years ​ 5 years ​ Total Non-current financial debt (notional value excluding interests) — (6,073) (6,328) (4,420) (3,314) (28,495) (48,630) Non-current financial assets excluding derivative financial instruments ​ — ​ 41 ​ 41 ​ 38 ​ 37 ​ 1,365 ​ 1,522 Current borrowings (15,035) — — — — — (15,035) Other current financial liabilities (372) — — — — — (372) Current financial assets 12,315 — — — — — 12,315 Net financial assets and liabilities held for sale or exchange 4 — — — — — 4 Cash and cash equivalents 21,342 — — — — — 21,342 Net amount before financial expense 18,254 (6,032) (6,287) (4,382) (3,277) (27,130) (28,854) Financial expense on non-current financial debt (821) (786) (664) (576) (506) (5,197) (8,550) Interest differential on swaps (217) (235) (232) (229) (221) (836) (1,970) NET AMOUNT 17,216 (7,053) (7,183) (5,187) (4,004) (33,163) (39,374) ​
Schedule of financial assets and liabilities related to operating activities	​ ​ ​ ​ ​ ​ ​ ​ As of December 31, ​ ​ ​ ​ ​ ​ Assets/(Liabilities) ​ ​ ​ ​ ​ (M$) 2023 2022 2021 Accounts payable (41,335) (41,346) (36,837) Other operating liabilities (19,937) (35,186) (27,294) including derivative financial instruments related to commodity contracts (liabilities) (7,650) (18,774) (16,166) Accounts receivable, net 23,442 24,378 21,983 Other operating receivables 14,952 28,289 29,553 including derivative financial instruments related to commodity contracts (assets) 7,012 20,220 22,412 TOTAL (22,878) (23,865) (12,595)
Credit risk
Financial structure, financial costs and financial instruments
Schedule of maximum credit risk exposure	​ ​ ​ ​ ​ ​ ​ ​ As of December 31, ​ ​ ​ ​ ​ ​ Assets/(Liabilities) ​ ​ ​ ​ ​ (M$) 2023 2022 2021 Loans to equity affiliates (Note 8) 4,562 3,733 4,532 Loans and advances (Note 6) 2,222 1,837 2,107 Other non-current financial assets related to operational activities (Note 6) ​ 1,761 ​ 250 ​ 312 Non-current financial assets (Note 15.1) 2,395 2,731 2,404 Accounts receivable (Note 5) 23,442 24,378 21,983 Other operating receivables (Note 5) 14,952 28,289 29,553 Current financial assets (Note 15.1) 6,585 8,746 12,315 Cash and cash equivalents (Note 15.1) 27,263 33,026 21,342 TOTAL 83,182 102,990 94,548
Financial instruments, excluding commodity contracts
Financial structure, financial costs and financial instruments
Schedule of impact on the statement of income per nature of financial instruments	​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, ​ ​ ​ (M$) ​ 2023 2022 2021 Loans and receivables 1,420 ​ 562 ​ 188 Financing liabilities and associated hedging instruments (2,190) (1,812) (1,373) Fair value hedge (ineffective portion) 2 (5) (10) Lease assets and obligations (499) (458) (413) Assets and liabilities held for trading 248 470 83 IMPACT ON THE COST OF NET DEBT (1,019) (1,243) (1,525)
Schedule of maturity of derivative instruments	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, 2023 ​ ​ ​ Notional ​ ​ ​ Notional value schedule (M$) ​ Fair value ​ Fair 2025 ​ ​ ​ ​ 2029 Assets / (Liabilities) ​ value ​ 2024 ​ value and beyond ​ 2025 ​ 2026 ​ 2027 ​ 2028 and beyond Fair value hedge ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Swaps hedging bonds (assets) — 250 45 403 ​ ​ ​ ​ ​ ​ ​ ​ ​ Swaps hedging bonds (liabilities) (75) 1,837 (570) 5,681 ​ ​ ​ ​ ​ ​ ​ ​ ​ Total swaps hedging bonds - Fair value hedge (75) 2,087 (525) 6,084 1,630 ​ 202 ​ 820 ​ 1,000 ​ 2,432 Cash flow hedge ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Swaps hedging bonds (assets) 91 2,114 628 14,830 ​ ​ ​ ​ ​ ​ ​ ​ ​ Swaps hedging bonds (liabilities) (193) 1,574 (1,628) 11,016 ​ ​ ​ ​ ​ ​ ​ ​ ​ Total swaps hedging bonds - Cash flow hedge (102) 3,688 (1,000) 25,846 4,509 ​ 4,153 ​ 2,135 ​ 4,686 ​ 10,363 Forward exchange contracts related to operating activities (assets) 2 83 8 311 ​ ​ ​ ​ ​ ​ ​ ​ ​ Forward exchange contracts related to operating activities (liabilities) (14) 234 (2) 240 ​ ​ ​ ​ ​ ​ ​ ​ ​ Total forward exchange contracts related to operating activities (12) 317 6 551 285 ​ 266 ​ — ​ — ​ — Held for trading ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other interest rate swaps (assets) 149 38,415 393 7,690 ​ ​ ​ ​ ​ ​ ​ ​ ​ Other interest rate swaps (liabilities) (94) 37,170 (208) 7,407 ​ ​ ​ ​ ​ ​ ​ ​ ​ Total other interest rate swaps 55 75,585 185 15,097 8,692 ​ 1,580 ​ 1,500 ​ 1,908 ​ 1,417 Currency swaps and forward exchange contracts (assets) 66 10,325 21 1,071 ​ ​ ​ ​ ​ ​ ​ ​ ​ Currency swaps and forward exchange contracts (liabilities) (84) 8,513 (32) 773 ​ ​ ​ ​ ​ ​ ​ ​ ​ Total currency swaps and forward exchange contracts (18) 18,838 (11) 1,844 1,840 ​ (2) ​ 6 ​ — ​ — ​ Notional amounts set the levels of commitment and are indicative nor of a contingent gain or loss neither of a related debt. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, 2022 ​ ​ ​ Notional ​ ​ ​ Notional value schedule (M$) ​ Fair ​ value ​ Fair ​ 2024 ​ ​ ​ ​ ​ ​ ​ ​ ​ 2028 Assets / (Liabilities) ​ value 2023 ​ value and beyond 2024 2025 2026 2027 and beyond Fair value hedge ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Swaps hedging bonds (assets) — 1,000 — — ​ ​ ​ ​ ​ ​ ​ ​ ​ Swaps hedging bonds (liabilities) (260) 2,858 (1,015) 8,171 ​ ​ ​ ​ ​ ​ ​ ​ ​ Total swaps hedging bonds - Fair value hedge (260) 3,858 (1,015) 8,171 2,087 ​ 1,630 ​ 202 ​ 820 ​ 3,432 Cash flow hedge ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Swaps hedging bonds (assets) 2 250 813 11,782 ​ ​ ​ ​ ​ ​ ​ ​ ​ Swaps hedging bonds (liabilities) (2) 750 (2,731) 17,511 ​ ​ ​ ​ ​ ​ ​ ​ ​ Total swaps hedging bonds - Cash flow hedge — 1,000 (1,918) 29,293 3,659 ​ 4,459 ​ 4,069 ​ 2,071 ​ 15,035 Forward exchange contracts related to operating activities (assets) 4 70 3 91 ​ ​ ​ ​ ​ ​ ​ ​ ​ Forward exchange contracts related to operating activities (liabilities) (19) 187 (19) 433 ​ ​ ​ ​ ​ ​ ​ ​ ​ Total forward exchange contracts related to operating activities (15) 257 (16) 524 524 ​ — ​ — ​ — ​ — Held for trading ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other interest rate swaps (assets) 154 14,955 447 7,470 ​ ​ ​ ​ ​ ​ ​ ​ ​ Other interest rate swaps (liabilities) (94) 13,236 (226) 4,128 ​ ​ ​ ​ ​ ​ ​ ​ ​ Total other interest rate swaps 60 28,191 221 11,598 5,233 ​ 3,716 ​ 1,174 ​ 1,022 ​ 453 Currency swaps and forward exchange contracts (assets) 55 7,076 44 1,289 ​ ​ ​ ​ ​ ​ ​ ​ ​ Currency swaps and forward exchange contracts (liabilities) (110) 15,964 (57) 839 ​ ​ ​ ​ ​ ​ ​ ​ ​ Total currency swaps and forward exchange contracts (55) 23,040 (13) 2,128 391 ​ 1,737 ​ — ​ — ​ — ​ 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, 2021 ​ ​ ​ Notional ​ ​ ​ Notional value schedule (M$) Fair ​ value ​ Fair ​ 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ 2027 Assets / (Liabilities) ​ value 2022 ​ value and beyond 2023 2024 2025 2026 and beyond Fair value hedge ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Swaps hedging bonds (assets) 42 566 415 9,659 ​ ​ ​ ​ ​ ​ ​ ​ ​ Swaps hedging bonds (liabilities) (316) 3,737 (102) 2,371 ​ ​ ​ ​ ​ ​ ​ ​ ​ Total swaps hedging bonds - Fair value hedge (274) 4,303 313 12,030 3,858 ​ 2,087 ​ 1,630 ​ 202 ​ 4,253 Cash flow hedge ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Swaps hedging bonds (assets) — — 372 7,149 ​ ​ ​ ​ ​ ​ ​ ​ ​ Swaps hedging bonds (liabilities) — — (1,396) 23,144 ​ ​ ​ ​ ​ ​ ​ ​ ​ Total swaps hedging bonds - Cash flow hedge — — (1,024) 30,293 1,000 ​ 3,659 ​ 4,459 ​ 4,068 ​ 17,107 Forward exchange contracts related to operating activities (assets) — 36 — — ​ ​ ​ ​ ​ ​ ​ ​ ​ Forward exchange contracts related to operating activities (liabilities) (8) 283 (14) 366 ​ ​ ​ ​ ​ ​ ​ ​ ​ Total forward exchange contracts related to operating activities (8) 319 (14) 366 171 ​ 195 ​ — ​ — ​ — Held for trading ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other interest rate swaps (assets) 13 20,876 78 5,170 ​ ​ ​ ​ ​ ​ ​ ​ ​ Other interest rate swaps (liabilities) (19) 6,470 (41) 2,561 ​ ​ ​ ​ ​ ​ ​ ​ ​ Total other interest rate swaps (6) 27,346 37 7,731 1,708 ​ 2,856 ​ 2,111 ​ 751 ​ 305 Currency swaps and forward exchange contracts (assets) 65 9,769 17 367 ​ ​ ​ ​ ​ ​ ​ ​ ​ Currency swaps and forward exchange contracts (liabilities) (37) 5,065 — (16) ​ ​ ​ ​ ​ ​ ​ ​ ​ Total currency swaps and forward exchange contracts 28 14,834 17 351 265 ​ 86 ​ — ​ — ​ — ​ Notional amounts set the levels of commitment and are indicative nor of a contingent gain or loss neither of a related debt.
Schedule of fair value hierarchy for financial instruments	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Quoted prices in ​ ​ ​ ​ ​ active markets ​ Prices based ​ Prices based on ​ ​ ​ ​ for identical ​ on observable ​ non observable ​ ​ As of December 31, 2023 ​ assets ​ data ​ data ​ ​ (M$) ​ (level 1) ​ (level 2) ​ (level 3) ​ Total Fair value hedge instruments — (600) — (600) Cash flow hedge instruments — (1,104) — (1,104) Assets and liabilities held for trading — 207 — 207 Equity instruments ​ 255 ​ — ​ — ​ 255 TOTAL 255 (1,497) — (1,242) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Quoted prices in ​ ​ ​ ​ ​ active markets ​ Prices based ​ Prices based on ​ ​ ​ for identical ​ on observable ​ non observable ​ As of December 31, 2022 ​ assets ​ data ​ data ​ (M$) ​ (level 1) ​ (level 2) ​ (level 3) ​ Total Fair value hedge instruments — (1,275) — (1,275) Cash flow hedge instruments — (1,950) — (1,950) Assets and liabilities held for trading — 214 — 214 Equity instruments 33 — — 33 TOTAL 33 (3,011) — (2,978) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Quoted prices in ​ ​ ​ ​ ​ active markets ​ Prices based ​ Prices based on ​ ​ ​ for identical ​ on observable ​ non observable ​ As of December 31, 2021 ​ assets ​ data ​ data ​ (M$) ​ (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)
Financial instruments, excluding commodity contracts | Fair value hedge
Financial structure, financial costs and financial instruments
Schedule of impact of the hedging strategies	​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, ​ ​ ​ (M$) 2023 2022 2021 Revaluation impact at market value of bonds (765) 3,817 3,199 Swaps hedging bonds 767 (3,822) (3,209) INEFFECTIVE PORTION OF THE FAIR VALUE HEDGE 2 (5) (10)
Financial instruments, excluding commodity contracts | Cash flow hedge
Financial structure, financial costs and financial instruments
Schedule of impact of the hedging strategies	​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, ​ ​ ​ ​ ​ ​ (M$) 2023 2022 2021 Profit (Loss) recorded in other comprehensive income of the period ​ 128 ​ 72 ​ (167) Recycled amount from other comprehensive income to the income statement of the period 140 (55) (113)

Financial instruments related_2

Financial instruments related to commodity contracts (Tables)	12 Months Ended
	Dec. 31, 2023
Financial structure, financial costs and financial instruments
Schedule of offsetting of financial instruments related to commodity contracts	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net balance ​ ​ ​ As of December 31, 2023 ​ Gross value ​ Amounts ​ sheet value ​ Other ​ ​ ​ ​ (M$) ​ before offsetting ​ offset ​ presented ​ amounts not ​ Net carrying ​ Fair Assets / (Liabilities) assets liabilities assets (c) liabilities (c) assets liabilities offset amount value (b) Gas & Power activities ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Swaps 116 (125) (27) 27 89 (98) — (9) (9) Forwards (a) 5,875 (6,369) (253) 253 5,622 (6,116) — (494) (494) Options 540 — — — 540 — — 540 540 Futures 2 — — — 2 — — 2 2 Other/Collateral — — — — — — 109 109 109 Total Gas & Power 6,533 (6,494) (280) 280 6,253 (6,214) 109 148 148 Crude oil, petroleum products and freight rates activities ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Petroleum products, crude oil and freight rate swaps 66 (50) (28) 28 38 (22) — 16 16 Forwards (a) 655 (1,348) (13) 13 642 (1,335) — (693) (693) Options 23 (97) (23) 23 — (74) — (74) (74) Futures 1 ​ — ​ — ​ — ​ 1 ​ — ​ — ​ 1 ​ 1 Options on futures ​ 287 ​ (214) ​ (209) ​ 209 ​ 78 ​ (5) ​ — ​ 73 ​ 73 Other/Collateral — — — — — — — ​ — — Total crude oil, petroleum products and freight rates 1,032 (1,709) (273) 273 759 (1,436) — (677) (677) TOTAL 7,565 (8,203) (553) 553 7,012 (7,650) 109 (529) (529) Total of fair value non recognized in the balance sheet ​ ​ ​ ​ ​ ​ ​ ​ — (a) Forwards: contracts resulting in physical delivery are accounted for as derivative commodity contracts and included in the amounts shown. (b) When the fair value of derivatives listed on an organized exchange market (futures, options on futures and swaps) is offset with the margin call received or paid in the balance sheet, this fair value is set to zero. (c) Amounts offset in accordance with IAS 32. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net balance ​ ​ ​ As of December 31, 2022 ​ Gross value ​ Amounts ​ sheet value ​ Other ​ ​ ​ ​ (M$) ​ before offsetting ​ offset ​ presented ​ amounts not ​ Net carrying ​ Fair Assets / (Liabilities) assets liabilities assets (c) liabilities (c) assets liabilities offset amount value (b) Gas & Power activities ​ ​ ​ ​ ​ ​ ​ ​ ​ Swaps 1,268 (449) (18) 18 1,250 (431) — 819 819 Forwards (a) 18,014 (18,638) (1,994) 1,994 16,020 (16,644) — (624) (624) Options 2,143 (1) (1) 1 2,142 — — 2,142 2,142 Futures 13 (3) — — 13 (3) — 10 10 Other/Collateral — — — — — — (406) (406) (406) Total Gas & Power 21,438 (19,091) (2,013) 2,013 19,425 (17,078) (406) 1,941 1,941 Crude oil, petroleum products and freight rates activities ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Petroleum products, crude oil and freight rate swaps 122 (114) (58) 58 64 (56) — 8 8 Forwards (a) 631 (1,489) (7) 7 624 (1,482) — (858) (858) Options 76 (227) (69) 69 7 (158) — (151) (151) Futures — — — — — — — — — Options on futures 113 (13) (13) 13 100 — — 100 100 Other/Collateral — — — — — — — — — Total crude oil, petroleum products and freight rates 942 (1,843) (147) 147 795 (1,696) — (901) (901) TOTAL 22,380 (20,934) (2,160) 2,160 20,220 (18,774) (406) 1,040 1,040 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, 2021 ​ Gross value ​ Amounts ​ sheet value ​ Other ​ ​ ​ ​ (M$) ​ before offsetting ​ offset ​ presented ​ amounts not ​ Net carrying ​ Fair Assets / (Liabilities) assets liabilities assets (c) liabilities (c) assets liabilities offset amount value (b) Gas & Power activities ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Swaps 92 (385) (35) 35 57 (350) — (293) (293) Forwards (a) 21,752 (16,954) (2,120) 2,120 19,632 (14,834) — 4,798 4,798 Options 1,953 (63) (3) 3 1,950 (60) — 1,890 1,890 Futures 418 (430) (183) 183 235 (247) — (12) (12) Other/Collateral — — — — — — 382 382 382 Total Gas & Power 24,215 (17,832) (2,341) 2,341 21,874 (15,491) 382 6,765 6,765 Crude oil, petroleum products and freight rates activities ​ ​ ​ ​ ​ ​ ​ ​ ​ Petroleum products, crude oil and freight rate swaps 245 (289) (166) 166 79 (123) — (44) (44) Forwards (a) 411 (444) (88) 88 323 (356) — (33) (33) Options 68 (236) (40) 40 28 (196) — (168) (168) Futures — — — — — — — — — Options on futures 186 (78) (78) 78 108 — — 108 108 Other/Collateral — — — — — — 344 344 344 Total crude oil, petroleum products and freight rates 910 (1,047) (372) 372 538 (675) 344 207 207 TOTAL 25,125 (18,879) (2,713) 2,713 22,412 (16,166) 726 6,972 6,972 Total of fair value non recognized in the balance sheet — (a) Forwards: contracts resulting in physical delivery are accounted for as derivative commodity contracts and included in the amounts shown. (b) When the fair value of derivatives listed on an organized exchange market (futures, options on futures and swaps) is offset with the margin call received or paid in the balance sheet, this fair value is set to zero. (c) Amounts offset in accordance with IAS 32.
Trading & Shipping
Financial structure, financial costs and financial instruments
Schedule of market related risks - value-at-risk	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, ​ ​ ​ ​ (M$) ​ High ​ Low ​ Average ​ Year end 2023 74 17 37 28 2022 48 9 22 27 2021 36 9 18 12
Gas & Power
Financial structure, financial costs and financial instruments
Schedule of market related risks - value-at-risk	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, ​ ​ ​ ​ (M$) ​ High ​ Low ​ Average ​ Year end 2023 111 ​ 16 ​ 54 ​ 54 2022 119 ​ 15 ​ 53 ​ 92 2021 80 ​ 9 ​ 28 ​ 30
Derivative financial instruments related to commodity contracts
Financial structure, financial costs and financial instruments
Schedule of changes in fair value and fair value hierarchy for financial instruments	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended December 31, Fair value Impact on Settled ​ Fair value as of (M$) ​ as of January 1, ​ income ​ contracts ​ Other ​ December 31, Gas & Power activities ​ ​ ​ ​ ​ 2023 2,347 (5,792) 3,681 (197) ​ 39 2022 6,383 11,406 (15,628) 186 ​ 2,347 2021 (1,928) 6,817 1,408 86 6,383 Crude oil, petroleum products and freight rates activities 2023 (901) 11,033 (10,812) 3 (677) 2022 (137) 5,891 (6,655) – (901) 2021 (310) 3,950 (3,777) – (137) ​ 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, 2023 ​ identical ​ observable data ​ non observable ​ ​ (M$) assets (level 1) (level 2) data (level 3) Total Gas & Power activities 1,054 1,677 (2,692) 39 Crude oil, petroleum products and freight rates activities 73 (750) — (677) TOTAL 1,127 927 (2,692) (638) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Quoted prices ​ ​ ​ ​ ​ ​ ​ ​ in active markets for ​ Prices based on ​ Prices based on ​ ​ As of December 31, 2022 ​ identical ​ observable data ​ non observable ​ ​ (M$) assets (level 1) (level 2) data (level 3) Total Gas & Power activities 1,034 1,678 (365) 2,347 Crude oil, petroleum products and freight rates activities 98 (999) – (901) TOTAL 1,132 679 (365) 1,446 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Quoted prices ​ ​ ​ ​ ​ ​ ​ ​ in active markets for ​ Prices based on ​ Prices based on ​ ​ As of December 31, 2021 ​ identical ​ observable data ​ non observable ​ ​ (M$) assets (level 1) (level 2) data (level 3) Total Gas & Power activities 3,716 (3,563) 6,230 6,383 Crude oil, petroleum products and freight rates activities ​ 134 (271) – (137) TOTAL 3,850 (3,834) 6,230 6,246 ​
Schedule of impact of the hedging strategies	​ ​ ​ ​ ​ ​ ​ ​ As of December 31 ​ ​ ​ (M$) ​ 2023 2022 2021 Profit (Loss) recorded in other comprehensive income of the period 2,770 (5,524) 445 Recycled amount from other comprehensive income to the income statement of the period 117 1,317 (56)

Consolidation scope (Tables)

Consolidation scope (Tables)	12 Months Ended
	Dec. 31, 2023
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 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 ​ ​ Dolphin Energy Limited ​ 24.50 % E ​ United Arab Emirates ​ United Arab Emirates ​ ​ E.F. Oil And Gas Limited ​ 100.00 % ​ ​ United Kingdom ​ United Kingdom ​ ​ East African Crude Oil Pipeline (EACOP) Ltd ​ 62.00 % E ​ United Kingdom ​ Uganda ​ ​ 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 ​ ​ Global Forestry Development (GFD) ​ 49.00 % E ​ Belgium ​ Belgium ​ ​ Luna Carbon Storage ANS ​ 40.00 % E ​ Norway ​ Norway ​ ​ Mabruk Oil Operations ​ 49.02 % ​ ​ France ​ Libya ​ ​ Norpipe Oil AS ​ 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 ​ ​ Northern Lights JV DA ​ 33.33 % E ​ Norway ​ Norway ​ ​ 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 ​ ​ TOQAP Guyana B.V. ​ 60.00 % ​ ​ Netherlands ​ Guyana ​ ​ Total Austral ​ 100.00 % ​ ​ France ​ Argentina ​ ​ Total E&P Al Shaheen A/S ​ 100.00 % ​ ​ Denmark ​ Qatar ​ ​ 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 33 ​ 100.00 % ​ ​ France ​ Angola ​ ​ Total E&P Angola Block 39 ​ 100.00 % ​ ​ France ​ Angola ​ ​ Total E&P Chine ​ 100.00 % ​ ​ France ​ China ​ ​ Total E&P Chissonga ​ 100.00 % ​ ​ France ​ Angola ​ ​ 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 Guyane Francaise ​ 100.00 % ​ ​ France ​ France ​ ​ 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 M2 Holdings Limited ​ 100.00 % ​ ​ South Africa ​ South Africa ​ ​ Total E&P Myanmar ​ 100.00 % ​ ​ France ​ Myanmar ​ ​ Total E&P Participations Petrolieres Congo ​ 100.00 % ​ ​ Congo ​ Congo ​ ​ Total E&P Philippines B.V. ​ 100.00 % ​ ​ Netherlands ​ Philippines ​ ​ 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 ​ South Sudan ​ ​ Total E&P Syrie ​ 100.00 % ​ ​ France ​ Syria ​ ​ Total E&P Tajikistan B.V. ​ 100.00 % ​ ​ Netherlands ​ Tajikistan ​ ​ Total Oil and Gas South America ​ 100.00 % ​ ​ France ​ France ​ ​ Total Pars LNG ​ 100.00 % ​ ​ France ​ France ​ ​ Total South Pars ​ 100.00 % ​ ​ France ​ Iran ​ ​ TotalEnergies Anchor USA LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ TotalEnergies BTC B.V. ​ 100.00 % ​ ​ Netherlands ​ Azerbaijan ​ ​ TotalEnergies Carbon Solutions ​ 100.00 % ​ ​ France ​ France ​ ​ TotalEnergies CCS UK Ltd ​ 100.00 % ​ ​ United Kingdom ​ United Kingdom ​ ​ TotalEnergies Denmark ASW ​ 100.00 % ​ ​ United States ​ Denmark ​ ​ TotalEnergies Denmark ASW Pipeline ApS ​ 100.00 % ​ ​ Denmark ​ Denmark ​ ​ TotalEnergies E&P Algerie ​ 100.00 % ​ ​ France ​ Algeria ​ ​ TotalEnergies E&P Algerie Berkine A/S ​ 100.00 % ​ ​ Denmark ​ Algeria ​ ​ TotalEnergies E&P Americas LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ TotalEnergies E&P Colombie ​ 100.00 % ​ ​ France ​ Colombia ​ ​ TotalEnergies E&P New Ventures Inc. ​ 100.00 % ​ ​ United States ​ United States ​ ​ TotalEnergies E&P North Sea UK Ltd ​ 100.00 % ​ ​ United Kingdom ​ United Kingdom ​ ​ TotalEnergies E&P Research & Technology USA LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ TotalEnergies E&P UK Ltd ​ 100.00 % ​ ​ United Kingdom ​ United Kingdom ​ ​ TotalEnergies E&P USA Inc. ​ 100.00 % ​ ​ United States ​ United States ​ ​ TotalEnergies E&P USA Oil Shale LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ TotalEnergies E&P USA Well Containment LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ TotalEnergies East Africa Midstream B.V. ​ 100.00 % ​ ​ Netherlands ​ Uganda ​ ​ TotalEnergies EP (Brunei) B.V. ​ 100.00 % ​ ​ Netherlands ​ Brunei ​ ​ TotalEnergies EP Absheron B.V. ​ 100.00 % ​ ​ Netherlands ​ Azerbaijan ​ ​ TotalEnergies EP Abu Al Bu Khoosh ​ 100.00 % ​ ​ France ​ United Arab Emirates ​ ​ TotalEnergies EP Angola ​ 100.00 % ​ ​ France ​ Angola ​ ​ TotalEnergies EP Angola Block 17.06 ​ 100.00 % ​ ​ France ​ Angola ​ ​ TotalEnergies EP Angola Block 20 ​ 100.00 % ​ ​ France ​ Angola ​ ​ TotalEnergies EP Angola Block 25 ​ 100.00 % ​ ​ France ​ Angola ​ ​ TotalEnergies EP Angola Block 29 ​ 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 Asia Pacific Pte. Ltd ​ 100.00 % ​ ​ Singapore ​ Singapore ​ ​ TotalEnergies EP Azerbaijan B.V. ​ 100.00 % ​ ​ Netherlands ​ Azerbaijan ​ ​ TotalEnergies EP Block 9 ​ 100.00 % ​ ​ France ​ Lebanon ​ ​ TotalEnergies EP Bolivie ​ 100.00 % ​ ​ France ​ Bolivia ​ ​ 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 Congo ​ 85.00 % ​ ​ Congo ​ Congo ​ ​ TotalEnergies EP Cyprus B.V. ​ 100.00 % ​ ​ Netherlands ​ Cyprus ​ ​ TotalEnergies EP Danmark A/S ​ 100.00 % ​ ​ Denmark ​ Denmark ​ ​ TotalEnergies EP Danmark A/S - CPH ​ 100.00 % ​ ​ Denmark ​ Denmark ​ ​ TotalEnergies EP Dolphin Holdings ​ 100.00 % ​ ​ France ​ France ​ ​ TotalEnergies EP Dolphin Midstream ​ 100.00 % ​ ​ France ​ France ​ ​ TotalEnergies EP Dolphin Upstream ​ 100.00 % ​ ​ France ​ Qatar ​ ​ TotalEnergies EP France ​ 100.00 % ​ ​ France ​ France ​ ​ TotalEnergies EP Gabon ​ 58.28 % ​ ​ Gabon ​ Gabon ​ ​ TotalEnergies EP Gass Handel Norge AS ​ 100.00 % ​ ​ Norway ​ Norway ​ ​ TotalEnergies EP Gastransport Nederland B.V. ​ 100.00 % ​ ​ Netherlands ​ Netherlands ​ ​ TotalEnergies EP Golfe ​ 100.00 % ​ ​ France ​ Qatar ​ ​ TotalEnergies EP Greece B.V. ​ 100.00 % ​ ​ Netherlands ​ Greece ​ ​ TotalEnergies EP Guyana B.V. ​ 100.00 % ​ ​ Netherlands ​ Guyana ​ ​ TotalEnergies EP Holding UAE B.V. ​ 100.00 % ​ ​ Netherlands ​ United Arab Emirates ​ ​ 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 Liban S.A.L. ​ 100.00 % ​ ​ Lebanon ​ Lebanon ​ ​ TotalEnergies EP Libye ​ 100.00 % ​ ​ France ​ Libya ​ ​ TotalEnergies EP Lower Zakum B.V. ​ 100.00 % ​ ​ Netherlands ​ United Arab Emirates ​ ​ TotalEnergies EP Malaysia ​ 100.00 % ​ ​ France ​ Malaysia ​ ​ TotalEnergies EP Mauritania Block C18 B.V. ​ 100.00 % ​ ​ Netherlands ​ Mauritania ​ ​ TotalEnergies EP Mauritania Block C9 B.V. ​ 100.00 % ​ ​ Netherlands ​ Mauritania ​ ​ TotalEnergies EP Mauritania Blocks DW B.V. ​ 100.00 % ​ ​ Netherlands ​ Mauritania ​ ​ TotalEnergies EP Mauritanie ​ 100.00 % ​ ​ France ​ Mauritania ​ ​ 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 Block 11 B.V. ​ 100.00 % ​ ​ France ​ Oman ​ ​ 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 Qatar 2 ​ 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 Sebuku ​ 100.00 % ​ ​ France ​ Indonesia ​ ​ 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 Thailand ​ 100.00 % ​ ​ France ​ Thailand ​ ​ TotalEnergies EP UAE Unconventional Gas B.V. ​ 100.00 % ​ ​ Netherlands ​ United Arab Emirates ​ ​ TotalEnergies EP Uganda S.A.S. ​ 100.00 % ​ ​ France ​ Uganda ​ ​ TotalEnergies EP Umm Lulu SARB ​ 100.00 % ​ ​ France ​ United Arab Emirates ​ ​ TotalEnergies EP Umm Shaif Nasr B.V. ​ 100.00 % ​ ​ Netherlands ​ United Arab Emirates ​ ​ TotalEnergies EP Venezuela B.V. ​ 100.00 % ​ ​ Netherlands ​ Venezuela ​ ​ TotalEnergies EP Vostok LLC ​ 100.00 % ​ ​ Russia ​ Russia ​ ​ TotalEnergies EP Waha ​ 100.00 % ​ ​ France ​ Libya ​ ​ 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 EACOP S.A.S. ​ 100.00 % ​ ​ France ​ Uganda ​ ​ TotalEnergies Holdings International B.V. ​ 100.00 % ​ ​ Netherlands ​ Netherlands ​ ​ TotalEnergies Holdings Nederland B.V. ​ 100.00 % ​ ​ Netherlands ​ Netherlands ​ ​ TotalEnergies Jack USA LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ 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 II, LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ Uintah Colorado Resources, LLC ​ 66.67 % ​ ​ United States ​ United States ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Business ​ % Company ​ Country of ​ segment ​ Statutory corporate name ​ interest ​ Method ​ incorporation ​ Country of operations Integrated LNG ​ ​ ​ ​ ​ ​ Abu Dhabi Gas Liquefaction Company Limited ​ 5.00 % E ​ United Arab Emirates ​ United Arab Emirates ​ ​ Adani Total Gas Ltd ​ 37.40 % E ​ India ​ India ​ ​ Adani Total LNG Singapore Pte. Ltd ​ 50.00 % E ​ Singapore ​ Singapore ​ ​ Adani Total Private Limited (d) ​ 50.00 % E ​ India ​ India ​ ​ Angola LNG Ltd ​ 13.60 % E ​ Bermuda ​ Angola ​ ​ 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 ​ ​ Cameron LNG Holdings LLC ​ 16.60 % E ​ United States ​ United States ​ ​ Colón LNG Marketing S. de R. L. ​ 50.00 % E ​ Panama ​ Panama ​ ​ Côte d'Ivoire GNL ​ 34.00 % E ​ Côte d'Ivoire ​ Côte d'Ivoire ​ ​ Del Rio Funding LLC (a) ​ 59.55 % E ​ United States ​ United States ​ ​ Ductor oy ​ 20.00 % E ​ Finland ​ Finland ​ ​ ECA LNG Holdings B.V. ​ 16.60 % E ​ Netherlands ​ Netherlands ​ ​ Fonroche Energies Renouvelables S.A.S. ​ 100.00 % ​ ​ France ​ France ​ ​ Gas Del Litoral SRLCV ​ 25.00 % E ​ Mexico ​ Mexico ​ ​ 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 ​ ​ Greenflex Actirent Group, S.L. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Greenflex S.A.S. ​ 100.00 % ​ ​ France ​ France ​ ​ Gulf Total Tractebel Power Company PSJC ​ 20.00 % E ​ United Arab Emirates ​ United Arab Emirates ​ ​ Ichthys LNG PTY Limited ​ 26.00 % E ​ Australia ​ Australia ​ ​ Margeriaz Energie ​ 100.00 % ​ ​ France ​ France ​ ​ Marsa LNG, LLC ​ 80.00 % ​ ​ Oman ​ Oman ​ ​ Methanergy ​ 100.00 % ​ ​ France ​ France ​ ​ 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 ​ ​ National Gas Shipping Company Limited ​ 5.00 % E ​ United Arab Emirates ​ United Arab Emirates ​ ​ Nigeria LNG Limited ​ 15.00 % E ​ Nigeria ​ Nigeria ​ ​ Nyk Armateur S.A.S. ​ 50.00 % E ​ France ​ France ​ ​ Oman LNG, LLC ​ 5.54 % E ​ Oman ​ Oman ​ ​ Papua LNG Development Pte Ltd ​ 100.00 % ​ ​ Singapore ​ Papua New Guinea ​ ​ PGB Energetyka ​ 100.00 % ​ ​ Poland ​ Poland ​ ​ PGB Energetyka 1 ​ 100.00 % ​ ​ Poland ​ Poland ​ ​ PGB Energetyka 10 ​ 100.00 % ​ ​ Poland ​ Poland ​ ​ PGB Energetyka 11 ​ 100.00 % ​ ​ Poland ​ Poland ​ ​ PGB Energetyka 12 ​ 100.00 % ​ ​ Poland ​ Poland ​ ​ PGB Energetyka 13 ​ 100.00 % ​ ​ Poland ​ Poland ​ ​ PGB Energetyka 14 ​ 100.00 % ​ ​ Poland ​ Poland ​ ​ PGB Energetyka 15 ​ 100.00 % ​ ​ Poland ​ Poland ​ ​ PGB Energetyka 16 ​ 100.00 % ​ ​ Poland ​ Poland ​ ​ PGB Energetyka 17 ​ 100.00 % ​ ​ Poland ​ Poland ​ ​ PGB Energetyka 18 ​ 100.00 % ​ ​ Poland ​ Poland ​ ​ PGB Energetyka 19 ​ 100.00 % ​ ​ Poland ​ Poland ​ ​ PGB Energetyka 2 ​ 100.00 % ​ ​ Poland ​ Poland ​ ​ PGB Energetyka 20 ​ 100.00 % ​ ​ Poland ​ Poland ​ ​ PGB Energetyka 21 ​ 100.00 % ​ ​ Poland ​ Poland ​ ​ PGB Energetyka 22 ​ 100.00 % ​ ​ Poland ​ Poland ​ ​ PGB Energetyka 23 ​ 100.00 % ​ ​ Poland ​ Poland ​ ​ PGB Energetyka 24 ​ 100.00 % ​ ​ Poland ​ Poland ​ ​ PGB Energetyka 25 ​ 100.00 % ​ ​ Poland ​ Poland ​ ​ PGB Energetyka 26 ​ 100.00 % ​ ​ Poland ​ Poland ​ ​ PGB Energetyka 27 ​ 100.00 % ​ ​ Poland ​ Poland ​ ​ PGB Energetyka 28 ​ 100.00 % ​ ​ Poland ​ Poland ​ ​ PGB Energetyka 3 ​ 100.00 % ​ ​ Poland ​ Poland ​ ​ PGB Energetyka 4 ​ 100.00 % ​ ​ Poland ​ Poland ​ ​ PGB Energetyka 5 ​ 100.00 % ​ ​ Poland ​ Poland ​ ​ PGB Energetyka 6 ​ 100.00 % ​ ​ Poland ​ Poland ​ ​ PGB Energetyka 7 ​ 100.00 % ​ ​ Poland ​ Poland ​ ​ PGB Energetyka 8 ​ 100.00 % ​ ​ Poland ​ Poland ​ ​ PGB Energetyka 9 ​ 100.00 % ​ ​ Poland ​ Poland ​ ​ PGB Inwestycje ​ 100.00 % ​ ​ Poland ​ Poland ​ ​ PGB Serwis ​ 100.00 % ​ ​ Poland ​ Poland ​ ​ Polska Grupa Biogazowa S.A. ​ 100.00 % ​ ​ Poland ​ Poland ​ ​ Qatar Liquefied Gas Company Limited ​ 10.00 % E ​ Qatar ​ Qatar ​ ​ Qatar Liquefied Gas Company Limited (II) ​ 16.70 % E ​ Qatar ​ Qatar ​ ​ Qatar Liquified Gas Company Limited 10 (QG10) - NFS Project ​ 25.00 % E ​ Qatar ​ Qatar ​ ​ Qatar Liquified Gas Company Limited 5 (QG5) - NFE Project ​ 25.00 % E ​ Qatar ​ Qatar ​ ​ Rio Grande LNG Intermediate Holdings, LLC (b) ​ 20.31 % E ​ United States ​ United States ​ ​ South Hook LNG Terminal Company Limited ​ 8.35 % E ​ United Kingdom ​ United Kingdom ​ ​ Total E&P Indonesie ​ 100.00 % ​ ​ France ​ Indonesia ​ ​ Total Energies Biogaz France ​ 100.00 % ​ ​ France ​ France ​ ​ Total Eren H2 ​ 80.00 % E ​ France ​ France ​ ​ Total Shenergy LNG (Shanghai) Co., Ltd. ​ 49.00 % E ​ China ​ China ​ ​ TotalEnergies Australia Unit Trust (c) ​ 0.00 % ​ ​ Australia ​ Australia ​ ​ TotalEnergies Biogas Holdings USA, LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ TotalEnergies CCS Australia Pty Ltd ​ 100.00 % ​ ​ Australia ​ Australia ​ ​ TotalEnergies E&P Yamal ​ 100.00 % ​ ​ France ​ France ​ ​ TotalEnergies EP Angola Developpement Gaz ​ 100.00 % ​ ​ France ​ Angola ​ ​ TotalEnergies EP Australia ​ 100.00 % ​ ​ France ​ Australia ​ ​ TotalEnergies EP Australia II ​ 100.00 % ​ ​ France ​ Australia ​ ​ TotalEnergies EP Australia III ​ 100.00 % ​ ​ France ​ Australia ​ ​ TotalEnergies EP Barnett USA ​ 100.00 % ​ ​ United States ​ United States ​ ​ TotalEnergies EP Holding Mauritius Ltd ​ 100.00 % ​ ​ Mauritius Island ​ Mauritius Island ​ ​ TotalEnergies EP Holdings Australia Pty Ltd ​ 100.00 % ​ ​ Australia ​ Australia ​ ​ TotalEnergies EP Ichthys Holdings ​ 100.00 % ​ ​ France ​ France ​ ​ TotalEnergies EP Ichthys Pty Ltd ​ 100.00 % ​ ​ Australia ​ Australia ​ ​ TotalEnergies EP Mozambique Area1, Ltda ​ 100.00 % ​ ​ Mozambique ​ Mozambique ​ ​ TotalEnergies EP Oman Block 12 B.V. ​ 100.00 % ​ ​ Netherlands ​ Oman ​ ​ TotalEnergies EP Oman Development B.V. ​ 100.00 % ​ ​ Netherlands ​ Oman ​ ​ TotalEnergies EP PNG Ltd ​ 100.00 % ​ ​ Papua New Guinea ​ Papua New Guinea ​ ​ TotalEnergies EP PNG2 B.V. ​ 100.00 % ​ ​ Netherlands ​ Papua New Guinea ​ ​ TotalEnergies EP Salmanov ​ 100.00 % ​ ​ France ​ France ​ ​ TotalEnergies EP Singapore Pte. Ltd. ​ 100.00 % ​ ​ Singapore ​ Singapore ​ ​ TotalEnergies EP Tengah ​ 100.00 % ​ ​ France ​ Indonesia ​ ​ TotalEnergies EP Transshipment S.A.S. ​ 100.00 % ​ ​ France ​ France ​ ​ TotalEnergies Exploration Australia Pty Ltd ​ 100.00 % ​ ​ Australia ​ Australia ​ ​ TotalEnergies Gas & Power Asia Private Limited ​ 100.00 % ​ ​ Singapore ​ Singapore ​ ​ TotalEnergies Gas & Power Brazil ​ 100.00 % ​ ​ France ​ France ​ ​ TotalEnergies Gas & Power Holdings UK Ltd ​ 100.00 % ​ ​ United Kingdom ​ United Kingdom ​ ​ TotalEnergies Gas & Power Ltd ​ 100.00 % ​ ​ United Kingdom ​ United Kingdom ​ ​ TotalEnergies Gas & Power Ltd, London, Meyrin - Geneva branch ​ 100.00 % ​ ​ United Kingdom ​ Switzerland ​ ​ TotalEnergies Gas & Power North America, Inc. ​ 100.00 % ​ ​ United States ​ United States ​ ​ TotalEnergies Gas & Power Services UK Ltd ​ 100.00 % ​ ​ United Kingdom ​ United Kingdom ​ ​ TotalEnergies Gas Holdings Andes ​ 100.00 % ​ ​ France ​ France ​ ​ TotalEnergies Gas Pipeline USA, Inc. ​ 100.00 % ​ ​ United States ​ United States ​ ​ TotalEnergies Gas y Electricidad Argentina S.A. ​ 100.00 % ​ ​ Argentina ​ Argentina ​ ​ TotalEnergies Gaz & Electricite Holdings ​ 100.00 % ​ ​ France ​ France ​ ​ TotalEnergies GLNG Australia ​ 100.00 % ​ ​ France ​ Australia ​ ​ TotalEnergies GLNG Holdings Australia S.A.S. ​ 100.00 % ​ ​ France ​ Australia ​ ​ TotalEnergies LNG Angola ​ 100.00 % ​ ​ France ​ France ​ ​ TotalEnergies LNG services France ​ 100.00 % ​ ​ France ​ France ​ ​ TotalEnergies Sviluppo Italia S.R.L. ​ 100.00 % ​ ​ Italy ​ Italy ​ ​ TotalEnergies USA International LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ TotalEnergies Ventures Emerging Markets ​ 100.00 % ​ ​ France ​ France ​ ​ TotalEnergies Ventures Europe ​ 100.00 % ​ ​ France ​ France ​ ​ TotalEnergies Ventures International ​ 100.00 % ​ ​ France ​ France ​ ​ TotalEnergies Yemen LNG Company Ltd ​ 100.00 % ​ ​ Bermuda ​ Bermuda ​ ​ Transportadora de Gas del Mercosur S.A. ​ 32.68 % E ​ Argentina ​ Argentina ​ ​ Yamal LNG ​ 20.02 % E ​ Russia ​ Russia ​ ​ Yemen LNG Company Limited ​ 39.62 % E ​ Bermuda ​ Yemen ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Business ​ % Company ​ Country of ​ segment ​ Statutory corporate name ​ interest ​ Method ​ incorporation ​ Country of operations Integrated Power ​ ​ ​ ​ ​ ​ Abarloar Solar S.L.U. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Abeto Solar, S.L. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Access Building Egypt Solar One ​ 100.00 % ​ ​ Egypt ​ Egypt ​ ​ Access Egypt Solar One ​ 100.00 % ​ ​ Egypt ​ Egypt ​ ​ Adani Green Energy Ltd ​ 19.75 % E ​ India ​ India ​ ​ Adani Green Energy Twenty Three Limited ​ 50.00 % E ​ India ​ India ​ ​ Adani Renewable Energy Holding Nine Limited ​ 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 ​ ​ Alberche Conex, S.L. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Alcad AB ​ 100.00 % ​ ​ Sweden ​ Sweden ​ ​ Alicante ​ 50.00 % E ​ France ​ France ​ ​ Alicante 2 ​ 50.00 % E ​ France ​ France ​ ​ Altergie Territoires 2 ​ 44.58 % 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 ​ ​ Anemopetra ​ 100.00 % ​ ​ Greece ​ Greece ​ ​ Arbotante Solar, S.L.U. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Armada Solar, S.L.U. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Atolón Solar, S.L.U. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Attentive Energy, LLC ​ 56.00 % E ​ United States ​ United States ​ ​ Auriga Generacion S.L. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Automotive Cells Company, S.E. ​ 33.33 % E ​ France ​ France ​ ​ Avenir Solaire Portfolio ​ 100.00 % ​ ​ France ​ France ​ ​ Baker Creek Solar, LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ Ballupur Solar Power Projects Private Ltd ​ 50.00 % E ​ India ​ India ​ ​ Baser Comercializadora de Referencia ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Bidasoa Conex, S.L. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ BJL11 ​ 90.00 % ​ ​ Brazil ​ Brazil ​ ​ BJL4 ​ 90.00 % ​ ​ Brazil ​ Brazil ​ ​ Brazoria Solar I, LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ Brazoria Solar II, LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ Brur LP ​ 44.64 % ​ ​ Israel ​ Israel ​ ​ Budeshte Agro ​ 100.00 % ​ ​ Bulgaria ​ Bulgaria ​ ​ Caramulo SE ​ 100.00 % ​ ​ Portugal ​ Portugal ​ ​ Castellaneta ​ 100.00 % ​ ​ Italy ​ Italy ​ ​ Castille ​ 50.00 % E ​ France ​ France ​ ​ CDV Holding S.A. ​ 34.00 % E ​ Brazil ​ Brazil ​ ​ 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 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 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 21.09-3 ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire 21.09-4 ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire APV R&D ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Autoprod ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Bayet ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Beauce Val de Loire ​ 60.00 % ​ ​ France ​ France ​ ​ Centrale Solaire CET La Babiniere ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Chemin De Melette ​ 51.00 % E ​ France ​ France ​ ​ Centrale Solaire De Cazedarnes ​ 75.00 % ​ ​ France ​ France ​ ​ Centrale Solaire de La Bezassade ​ 100.00 % ​ ​ 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 Golbey ​ 51.05 % E ​ France ​ France ​ ​ Centrale Solaire Guinots ​ 60.00 % E ​ France ​ France ​ ​ Centrale Solaire Heliovale ​ 59.63 % E ​ France ​ France ​ ​ Centrale Solaire La Castello ​ 100.00 % ​ ​ 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 Lacoste ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Le Carteyrou ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Le Trabet ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Les Cordeliers ​ 83.98 % ​ ​ France ​ France ​ ​ Centrale Solaire Les Cordeliers 2 ​ 75.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Lodes ​ 50.00 % E ​ France ​ France ​ ​ Centrale Solaire Lot 1 ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Macouria ​ 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 Moussoulens ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Olinoca ​ 10.00 % E ​ France ​ France ​ ​ Centrale Solaire Ombrieres Cap Agathois ​ 83.98 % ​ ​ France ​ France ​ ​ Centrale Solaire Ombrieres De Blyes ​ 60.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Plateau De Pouls ​ 51.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Pouy Negue ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Pouy Negue 2 ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire RENFR 331 ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire RENFR 397 ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire RENFR 628 ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Solarshare Bordeaux ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire SRG Energy ​ 80.00 % E ​ France ​ France ​ ​ Centrale Solaire Terre du Roi ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Toiture Josse ​ 60.00 % E ​ France ​ France ​ ​ Centrale Solaire Touzery ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire TQ 3 ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire TQ 5 ​ 100.00 % ​ ​ France ​ France ​ ​ Centrale Solaire Vauvoix ​ 60.00 % E ​ France ​ France ​ ​ Cerezo Solar, S.L.U. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Chudiala Solar Power Projects Private Ltd ​ 50.00 % E ​ India ​ India ​ ​ Cidra Solar, S.L.U. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Circinus Energy S.L. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Clean Energy ​ 100.00 % ​ ​ Italy ​ Italy ​ ​ Clean Energy 1 ​ 100.00 % ​ ​ Italy ​ Italy ​ ​ Clinton Solar, LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ Columba Renovables S.L.U. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Comanche Solar, LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ Core Energy Development, LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ Core Fund 1, LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ Core Solar Capital, LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ Core Solar Data, LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ Core Solar Development, LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ Core Solar DG, LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ Core Solar Holdings I, LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ Core Solar Land Holdings I, LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ Core Solar SPV X, LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ Core Solar SPV XV, LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ Core Solar SPV XXIV, LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ Core Solar, LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ Cottonwood Bayou Solar, LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ Cottonwood Bayou Storage, LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ Cowtown Solar, LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ Crc Kern Front Tugboat, LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ CS Carrefour de l’Europe ​ 100.00 % ​ ​ France ​ France ​ ​ CS QUADRAO 2 ​ 100.00 % ​ ​ United States ​ United States ​ ​ Cygnus Environment S.L. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Danish Fields Solar, LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ Danish Fields Storage, LLC ​ 100.00 % ​ ​ United States ​ United States ​ ​ Dracena I ​ 100.00 % ​ ​ Brazil ​ Brazil ​ ​ Dracena II ​ 100.00 % ​ ​ Brazil ​ Brazil ​ ​ Dracena IV ​ 100.00 % ​ ​ Brazil ​ Brazil ​ ​ Driza Solar, S.L. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Dubovo ​ 100.00 % ​ ​ Bulgaria ​ Bulgaria ​ ​ Eclipse Solar SPA ​ 100.00 % ​ ​ Chile ​ Chile ​ ​ Ecosol ​ 100.00 % ​ ​ Argentina ​ Argentina ​ ​ Edelweis Solar, S.L.U. ​ 100.00 % ​ ​ Spain ​ Spain ​ ​ Eden Mumbai Solar Private Ltd ​ 50.00 % E ​ India ​ India ​ ​ Eden Renewable Cite Private Ltd ​ 50.00 % E ​ India ​ India ​ ​ Eden Renewable Ranji Private Ltd ​ 50.00 % E ​ India ​ India ​ ​ Eden

Notes to the Consolidated Fin_2

Notes to the Consolidated Financial Statements - Climate change and energy transition (Details)			12 Months Ended			72 Months Ended		180 Months Ended	204 Months Ended	324 Months Ended
	Jan. 01, 2030	May 26, 2023	Dec. 31, 2050 $ / bbl $ / MMBTU	Dec. 31, 2040 $ / bbl	Dec. 31, 2023 $ / bbl	Dec. 31, 2030 $ / bbl	Dec. 31, 2029 $ / t	Dec. 31, 2030	Dec. 31, 2040 $ / MMBTU	Dec. 31, 2050 $ / bbl
Statements
Target energy production, oil						30%		30%
Target energy production, gas						50%		50%
Target energy production, electricity and low-carbon molecules						20%		20%
Target decrease in carbon intensity								25%
Percentage of votes that approved the resolution for Sustainability & Climate - Progress Report 2022 at the Combined Shareholders' Meeting		89%
Threshold minimum return on equity for evaluation of renewable energies project					10%
Period of strategic plan for climate change and energy transition					5 years
Forecast
Statements
Oil price			25.5	50		70				53.8
Annual percentage of inflation in CO2 price	2%
Forecast | United States
Statements
Gas price | $ / MMBTU			2						3
Minimum | Forecast
Statements
CO2 price | $ / t							100
Maximum
Statements
Price limit for low-cost upstream projects in relation to operating and investing costs					20
Break-even limit point for low break-even project					30

Notes to the Consolidated Fin_3

Notes to the Consolidated Financial Statements - Asset impairment and Asset retirement obligation (Details)

12 Months Ended

72 Months Ended

168 Months Ended

204 Months Ended

324 Months Ended

Jan. 01, 2030

Dec. 31, 2050 $ / MMBTU $ / bbl

Dec. 31, 2040 $ / bbl

Dec. 31, 2026 $ / MMBTU

Dec. 31, 2025 $ / MMBTU

Dec. 31, 2024 $ / MMBTU

Dec. 31, 2023 $ / t

Dec. 31, 2030 $ / bbl

Dec. 31, 2029 $ / t

Dec. 31, 2040 $ / MMBTU

Dec. 31, 2040 $ / MMBTU

Dec. 31, 2050 $ / bbl

Dec. 31, 2022

Dec. 31, 2021

Statements

Post-tax discount rate (as a percent)

8%

8%

7%

Period of reserves for qualification of assets as stranded

20 years

Discount rate for valuation of asset retirement obligation (as a percent)

5%

4%

3%

Inflation rate for valuation of asset retirement obligation (as a percent)

2%

2%

1.50%

Discount rate

Statements

Reasonably possible decrease in key assumption (as a percent)

1%

Reasonably possible increase in key assumption (as a percent)

1%

CO2 prices

Statements

Annual percentage of inflation in CO2 price

2%

CO2 price in sensitivity scenario | $ / t

200

Forecast

Statements

Oil price | $ / bbl

25.5

50

70

53.8

Annual percentage of inflation in CO2 price

2%

Sensitivity scenario one | Oil and gas prices

Statements

Reasonably possible decrease in key assumption (as a percent)

10%

Sensitivity scenario two | Oil and gas prices

Statements

Reasonably possible decrease in key assumption (as a percent)

20%

Europe | Forecast

Statements

Gas price

4.2

10.2

12.5

14.7

8

United States | Forecast

Statements

Gas price

2

3

Asia | Forecast

Statements

Gas price

5.4

11.2

13.5

15.7

9

Minimum

Statements

Pre-tax discount rate (as a percent)

7%

Minimum | Forecast

Statements

CO2 price | $ / t

100

Maximum

Statements

Pre-tax discount rate (as a percent)

14%

Notes to the Consolidated Fin_4

Notes to the Consolidated Financial Statements - Russian-Ukrainian conflict (Details) - USD ($) $ in Millions		12 Months Ended
	Dec. 31, 2023	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Statements
Asset impairments recorded in net income, TotalEnergies share		$ (2,166)	$ (15,743)	$ (910)
Equity accounted investments	$ 25,895	25,895	24,156	$ 26,521
Russia
Statements
Asset impairments recorded in net income, TotalEnergies share			$ (14,756)
Arctic LNG 2 LLC
Statements
Stake held in associate (as a percent)	10%
Novatek
Statements
Stake held in associate (as a percent)	19.40%
Yamal LNG
Statements
Equity accounted investments	$ 4,560	$ 4,560

Changes in TotalEnergies' per_3

Changes in TotalEnergies' perimeter - Main acquisitions and divestments (Details) € in Millions, $ in Millions, $ in Millions

1 Months Ended

12 Months Ended

Dec. 28, 2023 USD ($)

Nov. 20, 2023 USD ($)

Nov. 20, 2023 CAD ($)

Oct. 04, 2023 USD ($)

Oct. 04, 2023 CAD ($)

Sep. 28, 2023 USD ($)

Aug. 04, 2023

Jul. 24, 2023 EUR (€)

Jun. 29, 2023 country GW

May 26, 2023

Mar. 31, 2023 item

Mar. 15, 2023 USD ($) item

Oct. 26, 2022 USD ($) GW MW

Jun. 12, 2022 MT / yr item

Jan. 31, 2024 USD ($)

Dec. 31, 2023 USD ($)

Dec. 31, 2023 CAD ($)

Dec. 31, 2022 USD ($)

Dec. 31, 2021 USD ($)

Jul. 24, 2023 USD ($)

Changes in the Company structure

Proceeds from sale of interest

$ 3,561

$ 835

$ 269

Net investment for acquisition of shares

1,772

94

321

Assets classified as held for sale

2,101

568

400

Liabilities directly associated with the assets classified as held for sale

687

$ 167

$ 58

Total Eren Holding and Total Eren SA

Changes in the Company structure

Net investment for acquisition of shares | €

€ 1,467

Total Eren Holding

Changes in the Company structure

Interest held (as a percent)

33.86%

Total Eren

Changes in the Company structure

Interest held (as a percent)

5.73%

SARB and Umm Lulu offshore concession

Changes in the Company structure

Intangible assets

$ 278

Tangible assets

1,429

Other assets and liabilities

(234)

Fair value of consideration

$ 1,473

Total Eren

Changes in the Company structure

Goodwill

$ 1,417

Intangible assets

821

Tangible assets

2,193

Other assets and liabilities

(64)

Net debt of the acquired treasury

(1,389)

Minority interests

(69)

Fair value of consideration

$ 2,909

Percentage of voting equity interests acquired

100%

Suncor Energy Inc | TotalEnergies EP Canada Ltd

Changes in the Company structure

Consideration agreed for sale of assets

$ 1,100

$ 1,470

Proceeds from sale of interest

1,300

$ 1,830

Absheron gas field

Changes in the Company structure

Assets classified as held for sale

314

Retail networks in Netherlands, Luxembourg and Belgium

Changes in the Company structure

Proceeds from sale of interest

$ 1,400

Assets classified as held for sale

1,153

Liabilities directly associated with the assets classified as held for sale

$ 577

North Field East (NFE) JV

Changes in the Company structure

Proportion of ownership interest in joint venture

25%

Joint venture for renewable portfolio of Casa Dos Ventos

Changes in the Company structure

Proportion of ownership interest in joint venture

34%

Payments for JV transaction

$ 500

Maximum earn-out amount

$ 30

Additional equity share under option to acquire in 2027

15%

QatarEnergy | North Field East (NFE) JV

Changes in the Company structure

Proportion of ownership interest in joint venture

75%

Casa Dos Ventos | Joint venture for renewable portfolio of Casa Dos Ventos

Changes in the Company structure

Proportion of ownership interest in joint venture

66%

Joint venture for renewable portfolio of Casa Dos Ventos

Changes in the Company structure

Onshore wind capacity in operation | MW

700

Onshore wind under construction | GW

1

Onshore wind | GW

2.8

Solar projects under well advanced development | GW

1.6

Maximum period to commence commercial operations of solar projects under well advanced development

5 years

Total Eren

Changes in the Company structure

Power of assets in operation | GW

3.5

Power of portfolio of solar, wind, hydro and storage projects | GW

10

Number of countries in which portfolio of solar, wind, hydro and storage projects is held | country

30

Power of portfolio of solar, wind, hydro and storage projects under construction or at advanced stage of development | GW

1.2

SARB and Umm Lulu offshore concession

Changes in the Company structure

Percentage of interest to be acquired

20%

Number of offshore fields | item

2

SARB and Umm Lulu offshore concession | ADNOC

Changes in the Company structure

Proportion of ownership interest in concession/project

60%

SARB and Umm Lulu offshore concession | OMV

Changes in the Company structure

Proportion of ownership interest in concession/project

20%

Mubarraz concession

Changes in the Company structure

Percentage of interest to be acquired

12.88%

Number of offshore fields | item

4

CEPAD

Changes in the Company structure

Percentage of interest to be acquired

20%

ADOC | CEPAD

Changes in the Company structure

Proportion of ownership interest in subsidiary

64.40%

Block 20 in the Kwanza Basin in Angola

Changes in the Company structure

Percentage of interest held

40%

Block 20 in the Kwanza Basin in Angola | TotalEnergies EP Angola Block 20 | PAEPL

Changes in the Company structure

Percentage of interest sold

40%

Consideration agreed for sale of assets

$ 400

Block 20 in the Kwanza Basin in Angola | PAEPL

Changes in the Company structure

Percentage of interest held

40%

Block 20 in the Kwanza Basin in Angola | Sonangol Pesquisa e Producao S.A

Changes in the Company structure

Percentage of interest held

20%

Surmont asset

Changes in the Company structure

Percentage of interest sold

50%

50%

Surmont asset | Conoco Phillips

Changes in the Company structure

Percentage of interest to be purchased under preemption right

50%

Consideration agreed for sale of assets, cash

$ 3,000

$ 4,030

Consideration agreed for sale of assets, additional payments under specific conditions

$ 330

$ 440

Proceeds from sale of interest

$ 2,750

$ 3,700

Surmont asset | TotalEnergies EP Canada Ltd | Conoco Phillips

Changes in the Company structure

Percentage of interest sold

50%

50%

North Field East (NFE) LNG Project

Changes in the Company structure

Production of project | MT / yr

32

North Field East (NFE) LNG Project | North Field East (NFE) JV

Changes in the Company structure

Proportion of ownership interest in concession/project

25%

Number of production equivalent LNG trains | item

1

Production of LNG train | MT / yr

8

Absheron gas field

Changes in the Company structure

Percentage of interest held

35%

Absheron gas field | ADNOC

Changes in the Company structure

Percentage of interest agreed to be sold

15%

Absheron gas field | ADNOC

Changes in the Company structure

Percentage of interest held

30%

Absheron gas field | SOCAR

Changes in the Company structure

Percentage of interest held

35%

Absheron gas field | SOCAR | ADNOC

Changes in the Company structure

Percentage of interest agreed to be sold

15%

Retail networks in Germany

Changes in the Company structure

Proceeds from sale of interest

$ 2,400

Business segment information -

Business segment information - Information by business segment (Details) $ in Millions	12 Months Ended
	Dec. 31, 2023 USD ($) segment country	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
Business segment information
Number of business segments | segment	5
Sales	$ 237,128	$ 280,999	$ 205,863
Excise taxes	(18,183)	(17,689)	(21,229)
Revenues from sales	218,945	263,310	184,634
Operating expenses	(174,033)	(200,536)	(146,256)
Depreciation, depletion and impairment of tangible assets and mineral interests	(12,762)	(12,221)	(13,556)
Net income (loss) from equity affiliates and other items	3,680	(6,024)	2,656
Tax on net operating income	(13,212)	(22,207)	(9,762)
Net cost of net debt	(1,108)	(1,278)	(1,350)
Non-controlling interests	(126)	(518)	(334)
NET INCOME - TotalEnergies SHARE	21,384	20,526	16,032
Total expenditures	24,860	19,802	16,589
Total divestments	8,406	4,686	2,933
Cash flow from operating activities	40,679	47,367	30,410
Intercompany
Business segment information
Sales	(98,928)	(123,156)	(71,425)
Revenues from sales	(98,928)	(123,156)	(71,425)
Operating expenses	$ 98,928	123,156	71,425
Exploration & Production
Business segment information
Number of countries for activities of exploration and production of oil and natural gas | country	50
Sales	$ 6,561	9,942	7,246
Depreciation, depletion and impairment of tangible assets and mineral interests	(8,493)	(8,115)	(9,110)
Net income (loss) from equity affiliates and other items	(307)	(9,943)	(760)
Tax on net operating income	(10,095)	(17,445)	(7,506)
Total expenditures	12,378	10,646	7,276
Total divestments	5,118	807	894
Cash flow from operating activities	18,531	27,654	22,009
Exploration & Production | Business segments and Corporate
Business segment information
Revenues from sales	49,156	65,132	42,142
Operating expenses	(20,355)	(24,521)	(16,722)
Exploration & Production | Intercompany
Business segment information
Sales	(42,595)	(55,190)	(34,896)
Integrated LNG
Business segment information
Sales	12,086	21,300	14,903
Depreciation, depletion and impairment of tangible assets and mineral interests	(1,288)	(1,208)	(1,446)
Net income (loss) from equity affiliates and other items	2,194	978	2,935
Tax on net operating income	(810)	(1,574)	(600)
Total expenditures	3,410	1,249	2,351
Total divestments	290	2,301	1,059
Cash flow from operating activities	8,442	9,604	(2,765)
Integrated LNG | Business segments and Corporate
Business segment information
Revenues from sales	26,875	38,375	21,765
Operating expenses	(21,569)	(29,982)	(17,116)
Integrated LNG | Intercompany
Business segment information
Sales	(14,789)	(17,075)	(6,862)
Integrated Power
Business segment information
Sales	27,337	27,453	15,801
Depreciation, depletion and impairment of tangible assets and mineral interests	(281)	(194)	(204)
Net income (loss) from equity affiliates and other items	(345)	1,788	(190)
Tax on net operating income	(394)	(138)	(2)
Total expenditures	5,497	5,226	3,990
Total divestments	661	1,126	291
Cash flow from operating activities	3,573	66	3,592
Integrated Power | Business segments and Corporate
Business segment information
Revenues from sales	31,463	30,806	17,126
Operating expenses	(28,763)	(29,217)	(16,775)
Integrated Power | Intercompany
Business segment information
Sales	(4,126)	(3,353)	(1,325)
Refining & Chemicals
Business segment information
Sales	101,203	121,618	87,600
Excise taxes	(841)	(737)	(1,108)
Depreciation, depletion and impairment of tangible assets and mineral interests	(1,685)	(1,533)	(1,583)
Net income (loss) from equity affiliates and other items	(42)	885	518
Tax on net operating income	(938)	(2,544)	(1,068)
Total expenditures	2,149	1,391	1,638
Total divestments	196	214	348
Cash flow from operating activities	7,957	8,663	6,473
Refining & Chemicals | Business segments and Corporate
Business segment information
Revenues from sales	136,943	166,738	114,129
Operating expenses	(130,899)	(156,897)	(108,982)
Refining & Chemicals | Intercompany
Business segment information
Sales	(36,581)	(45,857)	(27,637)
Marketing & Services
Business segment information
Sales	89,909	100,661	80,288
Excise taxes	(17,342)	(16,952)	(20,121)
Depreciation, depletion and impairment of tangible assets and mineral interests	(905)	(1,033)	(1,100)
Net income (loss) from equity affiliates and other items	2,208	(20)	108
Tax on net operating income	(1,246)	(787)	(738)
Total expenditures	1,273	1,186	1,242
Total divestments	2,132	222	319
Cash flow from operating activities	1,957	3,124	2,333
Marketing & Services | Business segments and Corporate
Business segment information
Revenues from sales	73,198	85,142	60,618
Operating expenses	(70,497)	(81,746)	(57,159)
Marketing & Services | Intercompany
Business segment information
Sales	(631)	(1,433)	(451)
Corporate
Business segment information
Sales	32	25	25
Depreciation, depletion and impairment of tangible assets and mineral interests	(110)	(138)	(113)
Net income (loss) from equity affiliates and other items	(28)	288	45
Tax on net operating income	271	281	152
Total expenditures	153	104	92
Total divestments	9	16	22
Cash flow from operating activities	219	(1,744)	(1,232)
Corporate | Business segments and Corporate
Business segment information
Revenues from sales	238	273	279
Operating expenses	(878)	(1,329)	(927)
Corporate | Intercompany
Business segment information
Sales	(206)	(248)	(254)
Adjustments
Business segment information
Net operating income	(2,066)	(15,890)	(2,050)
Adjustments | Exploration & Production
Business segment information
Net operating income	(1,036)	(12,371)	(2,395)
Adjustments | Integrated LNG
Business segment information
Net operating income	(798)	(4,580)	(53)
Adjustments | Integrated Power
Business segment information
Net operating income	(173)	2,070	(697)
Adjustments | Refining & Chemicals
Business segment information
Net operating income	(1,275)	(653)	1,105
Adjustments | Marketing & Services
Business segment information
Net operating income	1,300	6	111
Adjustments | Corporate
Business segment information
Net operating income	(84)	(362)	(121)
Adjusted
Business segment information
Net operating income	24,684	38,212	19,766
Adjusted | Exploration & Production
Business segment information
Net operating income	10,942	17,479	10,439
Adjusted | Integrated LNG
Business segment information
Net operating income	6,200	11,169	5,591
Adjusted | Integrated Power
Business segment information
Net operating income	1,853	975	652
Adjusted | Refining & Chemicals
Business segment information
Net operating income	4,654	7,302	1,909
Adjusted | Marketing & Services
Business segment information
Net operating income	1,458	1,550	1,618
Adjusted | Corporate
Business segment information
Net operating income	$ (423)	$ (263)	$ (443)

Business segment information _2

Business segment information - Adjustment items (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Adjustments
Business segment information
Net operating income	$ (2,066)	$ (15,890)	$ (2,050)
Adjustments - Inventory valuation effect
Business segment information
Net operating income	(694)	531	1,532
Adjustments - Effect of changes in fair value
Business segment information
Net operating income	12	1,138	(194)
Adjustments - Restructuring charges
Business segment information
Net operating income	(56)	(55)	(315)
Adjustments - Asset impairment and provisions charges
Business segment information
Net operating income	(2,297)	(15,759)	(932)
Adjustments - Asset impairment and provisions charges | Russia
Business segment information
Net operating income		(14,756)
Adjustments - Gains (losses) on disposals of assets
Business segment information
Net operating income	2,047	1,450	(1,726)
Adjustments - Gains (losses) on disposals of assets | Canada and Germany
Business segment information
Net operating income	2,047
Adjustments - Gains (losses) on disposals of assets | PetroCedeno
Business segment information
Net operating income			(1,379)
Adjustments - Other items
Business segment information
Net operating income	(1,078)	(3,195)	(415)
Adjustments - Other items - revaluation of previously held interest in Total Eren
Business segment information
Net operating income	388
Adjustments - Other items - impacts of European solidarity contribution, contribution on inframarginal annuity in France and devaluation of Argentine peso
Business segment information
Net operating income	(1,466)
Adjustments - Other items - windfall taxes levied by governments
Business segment information
Net operating income		(1,700)
Adjustments - Other items - consequence of conflict in Ukraine
Business segment information
Net operating income		(1,000)
Adjustments - Other items - provisions for onerous contracts
Business segment information
Net operating income		(500)
Exploration & Production | Adjustments
Business segment information
Net operating income	(1,036)	(12,371)	(2,395)
Exploration & Production | Adjustments - Restructuring charges
Business segment information
Net operating income			(75)
Exploration & Production | Adjustments - Asset impairment and provisions charges
Business segment information
Net operating income	(926)	(11,157)	(518)
Exploration & Production | Adjustments - Gains (losses) on disposals of assets
Business segment information
Net operating income	431		(1,726)
Exploration & Production | Adjustments - Other items
Business segment information
Net operating income	(541)	(1,214)	(76)
Integrated LNG | Adjustments
Business segment information
Net operating income	(798)	(4,580)	(53)
Integrated LNG | Adjustments - Effect of changes in fair value
Business segment information
Net operating income	(547)	340	254
Integrated LNG | Adjustments - Restructuring charges
Business segment information
Net operating income			(8)
Integrated LNG | Adjustments - Asset impairment and provisions charges
Business segment information
Net operating income	(124)	(4,460)	(291)
Integrated LNG | Adjustments - Other items
Business segment information
Net operating income	(127)	(460)	(8)
Integrated Power | Adjustments
Business segment information
Net operating income	(173)	2,070	(697)
Integrated Power | Adjustments - Effect of changes in fair value
Business segment information
Net operating income	559	798	(448)
Integrated Power | Adjustments - Restructuring charges
Business segment information
Net operating income	(5)	(41)	(16)
Integrated Power | Adjustments - Asset impairment and provisions charges
Business segment information
Net operating income	(773)	(21)	(41)
Integrated Power | Adjustments - Gains (losses) on disposals of assets
Business segment information
Net operating income		1,450
Integrated Power | Adjustments - Other items
Business segment information
Net operating income	46	(116)	(192)
Refining & Chemicals | Adjustments
Business segment information
Net operating income	(1,275)	(653)	1,105
Refining & Chemicals | Adjustments - Inventory valuation effect
Business segment information
Net operating income	(586)	337	1,296
Refining & Chemicals | Adjustments - Restructuring charges
Business segment information
Net operating income	(51)		(118)
Refining & Chemicals | Adjustments - Asset impairment and provisions charges
Business segment information
Net operating income	(359)		(42)
Refining & Chemicals | Adjustments - Other items
Business segment information
Net operating income	(279)	(990)	(31)
Marketing & Services | Adjustments
Business segment information
Net operating income	1,300	6	111
Marketing & Services | Adjustments - Inventory valuation effect
Business segment information
Net operating income	(108)	194	236
Marketing & Services | Adjustments - Restructuring charges
Business segment information
Net operating income		(14)	(44)
Marketing & Services | Adjustments - Asset impairment and provisions charges
Business segment information
Net operating income	(115)	(112)	(40)
Marketing & Services | Adjustments - Gains (losses) on disposals of assets
Business segment information
Net operating income	1,616
Marketing & Services | Adjustments - Other items
Business segment information
Net operating income	(93)	(62)	(41)
Corporate | Adjustments
Business segment information
Net operating income	(84)	(362)	(121)
Corporate | Adjustments - Restructuring charges
Business segment information
Net operating income			(54)
Corporate | Adjustments - Asset impairment and provisions charges
Business segment information
Net operating income		(9)
Corporate | Adjustments - Other items
Business segment information
Net operating income	$ (84)	$ (353)	$ (67)

Business segment information _3

Business segment information - Asset impairment (Details) $ in Millions

12 Months Ended

72 Months Ended

168 Months Ended

204 Months Ended

324 Months Ended

Jan. 01, 2030

Dec. 31, 2050 $ / MMBTU $ / bbl

Dec. 31, 2040 $ / bbl

Dec. 31, 2026 $ / MMBTU

Dec. 31, 2025 $ / MMBTU

Dec. 31, 2024 $ / MMBTU

Dec. 31, 2023 USD ($) $ / bbl $ / t

Dec. 31, 2022 USD ($)

Dec. 31, 2021 USD ($)

Dec. 31, 2030 $ / bbl

Dec. 31, 2029 $ / t

Dec. 31, 2040 $ / MMBTU

Dec. 31, 2040 $ / MMBTU

Dec. 31, 2050 $ / bbl

Asset impairment

Asset impairments recorded in operating income

$ (2,297)

Asset impairments recorded in net income, TotalEnergies share

$ (2,166)

$ (15,743)

$ (910)

Post-tax discount rate (as a percent)

8%

8%

7%

Russia

Asset impairment

Asset impairments recorded in net income, TotalEnergies share

$ (14,756)

Minimum

Asset impairment

Pre-tax discount rate (as a percent)

7%

Maximum

Asset impairment

Pre-tax discount rate (as a percent)

14%

Forecast

Asset impairment

Oil price | $ / bbl

25.5

50

70

53.8

Annual percentage of inflation in CO2 price

2%

Forecast | Europe

Asset impairment

Gas price | $ / MMBTU

4.2

10.2

12.5

14.7

8

Forecast | United States

Asset impairment

Gas price | $ / MMBTU

2

3

Forecast | Asia

Asset impairment

Gas price | $ / MMBTU

5.4

11.2

13.5

15.7

9

Forecast | Minimum

Asset impairment

CO2 price | $ / t

100

Discount rate

Asset impairment

Reasonably possible decrease in key assumption (as a percent)

1%

Reasonably possible increase in key assumption (as a percent)

1%

Oil and gas prices | Sensitivity scenario one

Asset impairment

Reasonably possible decrease in key assumption (as a percent)

10%

Oil and gas prices | Sensitivity scenario two

Asset impairment

Reasonably possible decrease in key assumption (as a percent)

20%

CO2 prices

Asset impairment

Annual percentage of inflation in CO2 price

2%

CO2 price in sensitivity scenario | $ / t

200

Exploration & Production

Asset impairment

Asset impairments recorded in net income, TotalEnergies share

$ (881)

Exploration & Production | Russia

Asset impairment

Asset impairments recorded in net income, TotalEnergies share

(10,527)

Exploration & Production | Canada

Asset impairment

Reversal of impairment on assets

728

Exploration & Production | North Platte

Asset impairment

Asset impairments recorded in net income, TotalEnergies share

(957)

Exploration & Production | Discount rate

Asset impairment

Reasonably possible decrease in key assumption (as a percent)

1%

Impact on net income, TotalEnergies share, from decrease in key assumption

$ 100

Reasonably possible increase in key assumption (as a percent)

1%

Impact on net income, TotalEnergies share, from increase in key assumption

$ (600)

Exploration & Production | Oil and gas prices | Sensitivity scenario one

Asset impairment

Reasonably possible decrease in key assumption (as a percent)

10%

Oil price in sensitivity scenario | $ / bbl

48

Impact on net income, TotalEnergies share, from decrease in key assumption

$ (600)

Exploration & Production | Oil and gas prices | Sensitivity scenario two

Asset impairment

Reasonably possible decrease in key assumption (as a percent)

20%

Oil price in sensitivity scenario | $ / bbl

43

Impact on net income, TotalEnergies share, from decrease in key assumption

$ (2,300)

Exploration & Production | CO2 prices

Asset impairment

Annual percentage of inflation in CO2 price

2%

CO2 price in sensitivity scenario | $ / t

200

Impact on net income, TotalEnergies share, from change in key assumption

$ (200)

Integrated LNG

Asset impairment

Asset impairments recorded in net income, TotalEnergies share

$ (124)

Integrated LNG | Discount rate

Asset impairment

Reasonably possible decrease in key assumption (as a percent)

1%

Impact on net income, TotalEnergies share, from decrease in key assumption

$ 100

Reasonably possible increase in key assumption (as a percent)

1%

Impact on net income, TotalEnergies share, from increase in key assumption

$ (1,100)

Integrated LNG | Oil and gas prices | Sensitivity scenario one

Asset impairment

Reasonably possible decrease in key assumption (as a percent)

10%

Impact on net income, TotalEnergies share, from decrease in key assumption

$ (2,100)

Integrated LNG | Oil and gas prices | Sensitivity scenario two

Asset impairment

Reasonably possible decrease in key assumption (as a percent)

20%

Impact on net income, TotalEnergies share, from decrease in key assumption

$ (5,600)

Integrated LNG | CO2 prices

Asset impairment

Annual percentage of inflation in CO2 price

2%

CO2 price in sensitivity scenario | $ / t

200

Impact on net income, TotalEnergies share, from change in key assumption

$ (800)

Integrated Power

Asset impairment

Asset impairments recorded in net income, TotalEnergies share

$ (773)

Integrated Power | Discount rate

Asset impairment

Reasonably possible decrease in key assumption (as a percent)

1%

Impact on net income, TotalEnergies share, from decrease in key assumption

$ 0

Reasonably possible increase in key assumption (as a percent)

1%

Impact on net income, TotalEnergies share, from increase in key assumption

$ (200)

Refining & Chemicals

Asset impairment

Asset impairments recorded in net income, TotalEnergies share

$ (273)

Refining & Chemicals | Discount rate

Asset impairment

Reasonably possible increase in key assumption (as a percent)

1%

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%

Impact on net income, TotalEnergies share, from decrease in key assumption

$ (600)

Marketing & Services

Asset impairment

Asset impairments recorded in net income, TotalEnergies share

(112)

Marketing & Services | Russia

Asset impairment

Asset impairments recorded in net income, TotalEnergies share

$ (115)

(87)

Integrated Gas, Renewables & Power

Asset impairment

Asset impairments recorded in net income, TotalEnergies share

(4,481)

Integrated Gas, Renewables & Power | Russia

Asset impairment

Asset impairments recorded in net income, TotalEnergies share

$ (4,142)

Segment Information by geogra_3

Segment Information by geographical area (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Segment information by geographical area
External sales	$ 237,128	$ 280,999	$ 205,863
Property, plant and equipment, intangible assets, net	141,999	139,032	139,043
Capital expenditures	24,860	19,802	16,589
France
Segment information by geographical area
External sales	55,610	58,411	43,316
Property, plant and equipment, intangible assets, net	16,863	13,080	14,204
Capital expenditures	4,166	1,632	2,157
Rest of Europe
Segment information by geographical area
External sales	97,662	122,641	85,072
Property, plant and equipment, intangible assets, net	24,486	26,382	29,660
Capital expenditures	3,757	2,743	3,027
North America
Segment information by geographical area
External sales	22,219	33,188	22,998
Property, plant and equipment, intangible assets, net	11,228	13,292	12,229
Capital expenditures	3,153	5,304	1,680
Africa
Segment information by geographical area
External sales	21,709	24,582	19,520
Property, plant and equipment, intangible assets, net	38,658	39,410	41,593
Capital expenditures	4,877	3,253	3,696
Rest of the world
Segment information by geographical area
External sales	39,928	42,177	34,957
Property, plant and equipment, intangible assets, net	50,764	46,867	41,357
Capital expenditures	$ 8,907	$ 6,870	$ 6,029

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, 2023 USD ($) employee	Dec. 31, 2022 USD ($) employee	Dec. 31, 2021 USD ($) employee
Main items related to operating activities
Purchases, net of inventory variation	$ (143,041)	$ (169,448)	$ (118,622)
Exploration costs	(573)	(1,299)	(740)
Other operating expenses	(30,419)	(29,789)	(26,894)
Other operating expenses, Non-current operating liabilities (allowances) reversals	821	1,086	1,299
Other operating expenses, Current operating liabilities (allowances) reversals	(92)	(188)	(30)
OPERATING EXPENSES	(174,033)	(200,536)	(146,256)
Research and development costs	$ 774	$ 762	$ 824
Research and development costs as a percentage of sales	0.33%
Number of staff dedicated to research and development activities | employee	3,687	3,536	3,830

Main items related to operati_4

Main items related to operating activities - Amortization, depreciation and impairment of tangible assets and mineral interests (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Main items related to operating activities
Amortization, depreciation and impairment of tangible assets and mineral interests	$ (12,762)	$ (12,221)	$ (13,556)
Tangible assets
Main items related to operating activities
Amortization, depreciation and impairment of tangible assets and mineral interests	(11,902)	(11,128)	(12,683)
Mineral assets
Main items related to operating activities
Amortization, depreciation and impairment of tangible assets and mineral interests	$ (860)	$ (1,093)	$ (873)

Main items related to operati_5

Main items related to operating activities - Inventories, Components (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Inventories
Crude oil and natural gas	$ 3,182	$ 4,711	$ 3,214
Refined products	5,194	6,224	5,361
Chemicals products	1,571	1,542	1,421
Trading inventories	6,158	6,672	6,501
Other inventories	3,212	3,787	3,455
Total	19,317	22,936	19,952
Gross value/Cost
Inventories
Crude oil and natural gas	3,334	4,758	3,221
Refined products	5,335	6,386	5,411
Chemicals products	1,668	1,635	1,519
Trading inventories	6,158	6,672	6,501
Other inventories	4,248	4,797	4,538
Total	20,743	24,248	21,190
Valuation allowance/Cumulative impairments
Inventories
Crude oil and natural gas	(152)	(47)	(7)
Refined products	(141)	(162)	(50)
Chemicals products	(97)	(93)	(98)
Other inventories	(1,036)	(1,010)	(1,083)
Total	$ (1,426)	$ (1,312)	$ (1,238)	$ (1,285)
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, 2023	Dec. 31, 2022	Dec. 31, 2021
Changes in the valuation allowance on inventories
Balance as of January 1,	$ 22,936	$ 19,952
Balance as of December 31,	19,317	22,936	$ 19,952
Valuation allowance/Cumulative impairments
Changes in the valuation allowance on inventories
Balance as of January 1,	(1,312)	(1,238)	(1,285)
Increase (net)	(92)	(121)	(36)
Currency translation adjustment and other variations	(22)	47	83
Balance as of December 31,	$ (1,426)	$ (1,312)	$ (1,238)

Main items related to operati_7

Main items related to operating activities - Accounts receivable and other current assets (Details) - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Main items related to operating activities
Accounts receivable	$ 23,442	$ 24,378	$ 21,983
Recoverable taxes	4,078	6,263	3,659
Other operating receivables	14,952	28,289	29,553
Prepaid expenses	1,731	1,455	1,879
Other current assets	60	63	53
Other current assets	20,821	36,070	35,144
Gross value/Cost
Main items related to operating activities
Accounts receivable	24,334	25,204	22,776
Recoverable taxes	4,085	6,295	3,713
Other operating receivables	15,218	28,582	29,767
Prepaid expenses	1,731	1,455	1,879
Other current assets	60	63	53
Other current assets	21,094	36,395	35,412
Valuation allowance
Main items related to operating activities
Accounts receivable	(892)	(826)	(793)
Recoverable taxes	(7)	(32)	(54)
Other operating receivables	(266)	(293)	(214)
Other current assets	$ (273)	$ (325)	$ (268)

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, 2023	Dec. 31, 2022	Dec. 31, 2021
Main items related to operating activities
Overdue receivables	$ 5,903	$ 5,481	$ 4,482
Changes in the valuation allowance on "Accounts receivable" and "Other current assets"
Financial assets at beginning of period	104,041	96,173
Financial assets at end of period	84,725	104,041	96,173
Due in less than 90 days
Main items related to operating activities
Overdue receivables	3,211	3,328	2,844
Due between 90 days and 6 months
Main items related to operating activities
Overdue receivables	420	672	260
Due between 6 and 12 months
Main items related to operating activities
Overdue receivables	993	571	556
Due after 12 months
Main items related to operating activities
Overdue receivables	1,278	910	823
Accounts receivable
Changes in the valuation allowance on "Accounts receivable" and "Other current assets"
Financial assets at beginning of period	24,378	21,983
Financial assets at end of period	23,442	24,378	21,983
Accounts receivable | Valuation allowance/Cumulative impairments
Changes in the valuation allowance on "Accounts receivable" and "Other current assets"
Financial assets at beginning of period	(826)	(793)	(831)
Increase (net)	(82)	(98)	(24)
Currency translation adjustments and other variations	16	65	62
Financial assets at end of period	(892)	(826)	(793)
Other current assets | Valuation allowance/Cumulative impairments
Changes in the valuation allowance on "Accounts receivable" and "Other current assets"
Financial assets at beginning of period	(325)	(268)	(275)
Increase (net)	(7)	(83)	(10)
Currency translation adjustments and other variations	59	26	17
Financial assets at end of period	$ (273)	$ (325)	$ (268)

Main items related to operati_9

Main items related to operating activities - Other creditors and accrued liabilities (Details) - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Other creditors and accrued liabilities
Accruals and deferred income	$ 1,129	$ 737	$ 3,744
Payable to States (including taxes and duties)	13,974	14,780	10,281
Payroll	1,687	1,572	1,481
Other operating liabilities	19,937	35,186	27,294
Other creditors and accrued liabilities	36,727	52,275	42,800
Interim dividend payable, second quarterly dividend	1,959	1,857	1,974
Interim dividend payable, third quarterly dividend	$ 1,923	$ 1,827	$ 1,948

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, 2023	Dec. 31, 2022	Dec. 31, 2021
Detail of interest, taxes and dividends
Interests paid	$ (2,883)	$ (2,292)	$ (1,886)
Interests received	1,431	655	284
Income tax paid	(12,688)	(14,486)	(4,508)
Dividends received	2,821	3,955	2,346
Detail of changes in working capital
Inventories	3,159	(3,805)	(5,903)
Accounts receivable	306	(3,272)	(6,788)
Other current assets	14,860	(3,523)	(21,026)
Accounts payable	572	5,313	12,073
Other creditors and accrued liabilities	(12,806)	6,478	21,028
NET AMOUNT, DECREASE (INCREASE)	6,091	1,191	(616)
Detail of changes in provisions and deferred taxes
Accruals	257	2,177	(467)
Deferred taxes	556	2,417	1,429
TOTAL	$ 813	$ 4,594	$ 962

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, 2022	Sep. 30, 2022	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Other items from operating activities
Gains on disposal of assets			$ 3,157	$ 2,244	$ 890
Foreign exchange gains				379	227
Other			520	226	195
OTHER INCOME			3,677	2,849	1,312
Losses on disposal of assets			(98)	(2,613)	(436)
Foreign exchange losses			(763)	(1,023)	(702)
Amortization of other intangible assets (excl. mineral interests)			(769)	(430)	(448)
Other			(766)	(3,278)	(731)
OTHER EXPENSE			(2,396)	(7,344)	(2,317)
Restructuring charges					288
Impairment of non-consolidated shares and provisions for financial risk					$ 238
Total Eren
Other items from operating activities
Revaluation of previously held share			$ 388
Surmont asset
Other items from operating activities
Percentage of interest sold			50%
Integrated Power
Other items from operating activities
Gain on revaluation of retained interest on partial disposal of subsidiary				1,461
Novatek | Exploration & Production
Other items from operating activities
Recycling of accumulated foreign exchange losses accumulated in equity				$ 2,384
SunPower Corporation | Subsidiary that holds ownership in SunPower Corporation
Other items from operating activities
Percentage of ownership interest in subsidiary	50.50%	50.50%

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, 2023	Dec. 31, 2022	Dec. 31, 2021
Other items from operating activities
Dividend income on non-consolidated subsidiaries	$ 143	$ 159	$ 203
Capitalized financial expenses	667	310	134
Other	475	427	425
OTHER FINANCIAL INCOME	1,285	896	762
Accretion of asset retirement obligations	(524)	(430)	(449)
Other	(207)	(103)	(90)
OTHER FINANCIAL EXPENSE	$ (731)	$ (533)	$ (539)

Other items from operating ac_5

Other items from operating activities - Other non-current assets (Details) - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Other non-current assets
Loans and advances	$ 2,222	$ 1,837	$ 2,107
Other non-current financial assets related to operational activities	1,761	250	312
Other	330	301	378
TOTAL	4,313	2,388	2,797
Gross value/Cost
Other non-current assets
Loans and advances	2,516	2,092	2,364
Other non-current financial assets related to operational activities	1,761	250	312
Other	330	301	378
TOTAL	4,607	2,643	3,054
Valuation allowance
Other non-current assets
Loans and advances	(294)	(255)	(257)
TOTAL	$ (294)	$ (255)	$ (257)

Other items from operating ac_6

Other items from operating activities - Loans and advances, valuation allowance (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Changes in the valuation allowance on loans and advances
Financial assets at beginning of period	$ 104,041	$ 96,173
Financial assets at end of period	84,725	104,041	$ 96,173
Loans and advances | Valuation allowance/Cumulative impairments
Changes in the valuation allowance on loans and advances
Financial assets at beginning of period	(255)	(257)	(273)
Increases	(11)	(27)	(6)
Decreases	2	11	14
Currency translation adjustments and other variations	(30)	18	8
Financial assets at end of period	$ (294)	$ (255)	$ (257)

Intangible and tangible asset_2

Intangible and tangible assets - Intangible assets (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Goodwill and other intangible assets
Intangible assets, including goodwill	$ 33,083	$ 31,931	$ 32,484	$ 33,528
Goodwill
Goodwill and other intangible assets
Intangible assets, including goodwill	9,951	8,650	8,829
Proved mineral interests
Goodwill and other intangible assets
Intangible assets, including goodwill	8,009	7,937	7,652
Unproved mineral interests
Goodwill and other intangible assets
Intangible assets, including goodwill	12,352	13,016	13,806
Other intangible assets
Goodwill and other intangible assets
Intangible assets, including goodwill	$ 2,771	2,328	2,197
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	$ 50,527	49,792	50,932
Gross value/Cost | Goodwill
Goodwill and other intangible assets
Intangible assets, including goodwill	10,484	9,010	9,728
Gross value/Cost | Proved mineral interests
Goodwill and other intangible assets
Intangible assets, including goodwill	17,713	18,025	17,382
Gross value/Cost | Unproved mineral interests
Goodwill and other intangible assets
Intangible assets, including goodwill	14,976	15,962	16,637
Gross value/Cost | Other intangible assets
Goodwill and other intangible assets
Intangible assets, including goodwill	7,354	6,795	7,185
Depreciation, amortization and impairment
Goodwill and other intangible assets
Intangible assets, including goodwill	(17,444)	(17,861)	(18,448)
Depreciation, amortization and impairment | Goodwill
Goodwill and other intangible assets
Intangible assets, including goodwill	(533)	(360)	(899)
Depreciation, amortization and impairment | Proved mineral interests
Goodwill and other intangible assets
Intangible assets, including goodwill	(9,704)	(10,088)	(9,730)
Depreciation, amortization and impairment | Unproved mineral interests
Goodwill and other intangible assets
Intangible assets, including goodwill	(2,624)	(2,946)	(2,831)
Depreciation, amortization and impairment | Other intangible assets
Goodwill and other intangible assets
Intangible assets, including goodwill	$ (4,583)	$ (4,467)	$ (4,988)

Intangible and tangible asset_3

Intangible and tangible assets - Change in net intangible assets (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Analysis of change in net intangible assets
Net amount as of the beginning of the period	$ 31,931	$ 32,484	$ 33,528
Expenditures	1,244	1,991	696
Disposals	(458)	(75)	(271)
Amortization and impairment	(1,630)	(1,582)	(1,322)
Currency translation adjustment	148	(423)	(394)
Other	1,848	(464)	247
Net amount as of the end of the period	33,083	31,931	32,484
Exceptional asset impairments	472	301	253
SunPower Corporation
Analysis of change in net intangible assets
Effect of changes in the consolidation scope		$ (167)
Total Eren
Analysis of change in net intangible assets
Effect of changes in the consolidation scope	$ 2,238
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, 2023 USD ($)
Changes in the carrying amount of goodwill by business segment
Net goodwill as of the beginning of the period	$ 8,650
Increases	1,515
Impairments	(184)
Other	(30)
Net goodwill as of the end of the period	9,951
Exploration & Production
Changes in the carrying amount of goodwill by business segment
Net goodwill as of the beginning of the period	2,581
Other	(90)
Net goodwill as of the end of the period	2,491
Integrated LNG
Changes in the carrying amount of goodwill by business segment
Net goodwill as of the beginning of the period	2,804
Increases	44
Other	9
Net goodwill as of the end of the period	2,857
Integrated Power
Changes in the carrying amount of goodwill by business segment
Net goodwill as of the beginning of the period	2,219
Increases	1,452
Impairments	(101)
Other	96
Net goodwill as of the end of the period	3,666
Refining & Chemicals
Changes in the carrying amount of goodwill by business segment
Net goodwill as of the beginning of the period	502
Increases	19
Impairments	(18)
Other	35
Net goodwill as of the end of the period	538
Marketing & Services
Changes in the carrying amount of goodwill by business segment
Net goodwill as of the beginning of the period	516
Impairments	(65)
Other	(55)
Net goodwill as of the end of the period	396
Corporate
Changes in the carrying amount of goodwill by business segment
Net goodwill as of the beginning of the period	28
Other	(25)
Net goodwill as of the end of the period	$ 3

Intangible and tangible asset_5

Intangible and tangible assets - Other property, plant and equipment, useful lives (Details)	12 Months Ended
	Dec. 31, 2023
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, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Property, plant and equipment
Property, plant and equipment	$ 108,916	$ 107,101	$ 106,559	$ 108,335
Gross value/Cost
Property, plant and equipment
Property, plant and equipment	295,886	296,078	298,409
Depreciation, amortization and impairment
Property, plant and equipment
Property, plant and equipment	(186,970)	(188,977)	(191,850)
Exploration and Production activities
Property, plant and equipment
Property, plant and equipment	82,352	83,869	82,042
Exploration and Production activities | Gross value/Cost
Property, plant and equipment
Property, plant and equipment	227,145	231,396	232,362
Exploration and Production activities | Depreciation, amortization and impairment
Property, plant and equipment
Property, plant and equipment	(144,793)	(147,527)	(150,320)
Exploration and Production activities | Proved properties
Property, plant and equipment
Property, plant and equipment	57,879	63,508	63,043
Exploration and Production activities | Proved properties | Gross value/Cost
Property, plant and equipment
Property, plant and equipment	201,961	210,079	212,264
Exploration and Production activities | Proved properties | Depreciation, amortization and impairment
Property, plant and equipment
Property, plant and equipment	(144,082)	(146,571)	(149,221)
Exploration and Production activities | Unproved properties
Property, plant and equipment
Property, plant and equipment	1,187	755	1,367
Exploration and Production activities | Unproved properties | Gross value/Cost
Property, plant and equipment
Property, plant and equipment	1,455	1,023	1,635
Exploration and Production activities | Unproved properties | Depreciation, amortization and impairment
Property, plant and equipment
Property, plant and equipment	(268)	(268)	(268)
Exploration and Production activities | Work in progress
Property, plant and equipment
Property, plant and equipment	23,286	19,606	17,632
Exploration and Production activities | Work in progress | Gross value/Cost
Property, plant and equipment
Property, plant and equipment	23,729	20,294	18,463
Exploration and Production activities | Work in progress | Depreciation, amortization and impairment
Property, plant and equipment
Property, plant and equipment	(443)	(688)	(831)
Other (excluding exploration and production activities)
Property, plant and equipment
Property, plant and equipment	26,564	23,232	24,517
Other (excluding exploration and production activities) | Gross value/Cost
Property, plant and equipment
Property, plant and equipment	68,741	64,682	66,047
Other (excluding exploration and production activities) | Depreciation, amortization and impairment
Property, plant and equipment
Property, plant and equipment	(42,177)	(41,450)	(41,530)
Other (excluding exploration and production activities) | Land
Property, plant and equipment
Property, plant and equipment	1,829	2,050	2,172
Other (excluding exploration and production activities) | Land | Gross value/Cost
Property, plant and equipment
Property, plant and equipment	2,837	3,089	3,145
Other (excluding exploration and production activities) | Land | Depreciation, amortization and impairment
Property, plant and equipment
Property, plant and equipment	(1,008)	(1,039)	(973)
Other (excluding exploration and production activities) | Machinery, plant and equipment (including transportation equipment)
Property, plant and equipment
Property, plant and equipment	11,547	10,923	11,860
Other (excluding exploration and production activities) | Machinery, plant and equipment (including transportation equipment) | Gross value/Cost
Property, plant and equipment
Property, plant and equipment	38,769	37,002	38,285
Other (excluding exploration and production activities) | Machinery, plant and equipment (including transportation equipment) | Depreciation, amortization and impairment
Property, plant and equipment
Property, plant and equipment	(27,222)	(26,079)	(26,425)
Other (excluding exploration and production activities) | Buildings
Property, plant and equipment
Property, plant and equipment	3,424	3,603	3,912
Other (excluding exploration and production activities) | Buildings | Gross value/Cost
Property, plant and equipment
Property, plant and equipment	9,529	10,230	10,558
Other (excluding exploration and production activities) | Buildings | Depreciation, amortization and impairment
Property, plant and equipment
Property, plant and equipment	(6,105)	(6,627)	(6,646)
Other (excluding exploration and production activities) | Work in progress
Property, plant and equipment
Property, plant and equipment	5,239	3,937	3,617
Other (excluding exploration and production activities) | Work in progress | Gross value/Cost
Property, plant and equipment
Property, plant and equipment	5,262	3,960	3,625
Other (excluding exploration and production activities) | Work in progress | Depreciation, amortization and impairment
Property, plant and equipment
Property, plant and equipment	(23)	(23)	(8)
Other (excluding exploration and production activities) | Other
Property, plant and equipment
Property, plant and equipment	4,525	2,719	2,956
Other (excluding exploration and production activities) | Other | Gross value/Cost
Property, plant and equipment
Property, plant and equipment	12,344	10,401	10,434
Other (excluding exploration and production activities) | Other | Depreciation, amortization and impairment
Property, plant and equipment
Property, plant and equipment	$ (7,819)	$ (7,682)	$ (7,478)

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, 2023	Dec. 31, 2022	Dec. 31, 2021
Analysis of change in net property, plant and equipment
Net amount as of the beginning of the period	$ 107,101	$ 106,559	$ 108,335
Expenditures	16,478	13,699	11,647
Disposals	(3,781)	(951)	(705)
Depreciation and impairment	(12,448)	(12,275)	(13,133)
Currency translation adjustment	415	(2,236)	(1,739)
Other	1,151	2,305	2,154
Net amount as of the end of the period	108,916	107,101	106,559
Impact of impairments of assets	653	888	615
Impact of reversal of impairment of assets		1,196
Impact of changes in the consolidation scope	298
Impact of new IFRS 16 contracts	2,526	1,969	1,786
Impact of revaluation of provisions	(1,262)
Retail networks in Germany
Analysis of change in net property, plant and equipment
Impact of changes in the consolidation scope	(826)
TotalEnergies EP Canada Ltd
Analysis of change in net property, plant and equipment
Impact of changes in the consolidation scope	(1,134)
TotalEnergies East Africa Midstream B.V.
Analysis of change in net property, plant and equipment
Disposals		$ (508)
Canada
Analysis of change in net property, plant and equipment
Disposals	(3,220)
Gabon | Non-operated assets
Analysis of change in net property, plant and equipment
Disposals			$ (397)
Total Eren
Analysis of change in net property, plant and equipment
Impact of changes in the consolidation scope	$ 2,193

Intangible and tangible asset_8

Intangible and tangible assets - Facilities and equipment under leases (Details) - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Tangible assets
Assets under leases
Right-of-use assets	$ 7,424	$ 7,363	$ 7,353
Tangible assets | Gross value/Cost
Assets under leases
Right-of-use assets	13,144	13,079	12,144
Tangible assets | Depreciation, amortization and impairment
Assets under leases
Right-of-use assets	(5,720)	(5,716)	(4,791)
Tangible assets | Exploration and Production activities
Assets under leases
Right-of-use assets	2,843	2,376	1,545
Tangible assets | Exploration and Production activities | Gross value/Cost
Assets under leases
Right-of-use assets	4,770	4,497	3,228
Tangible assets | Exploration and Production activities | Depreciation, amortization and impairment
Assets under leases
Right-of-use assets	(1,927)	(2,121)	(1,683)
Tangible assets | Other (excluding exploration and production activities)
Assets under leases
Right-of-use assets	4,581	4,987	5,808
Tangible assets | Other (excluding exploration and production activities) | Gross value/Cost
Assets under leases
Right-of-use assets	8,374	8,582	8,916
Tangible assets | Other (excluding exploration and production activities) | Depreciation, amortization and impairment
Assets under leases
Right-of-use assets	(3,793)	(3,595)	(3,108)
Land | Other (excluding exploration and production activities)
Assets under leases
Right-of-use assets	968	999	1,117
Land | Other (excluding exploration and production activities) | Gross value/Cost
Assets under leases
Right-of-use assets	1,383	1,396	1,441
Land | Other (excluding exploration and production activities) | Depreciation, amortization and impairment
Assets under leases
Right-of-use assets	(415)	(397)	(324)
Machinery, plant and equipment | Other (excluding exploration and production activities)
Assets under leases
Right-of-use assets	2,516	2,591	3,091
Machinery, plant and equipment | Other (excluding exploration and production activities) | Gross value/Cost
Assets under leases
Right-of-use assets	4,751	4,691	4,910
Machinery, plant and equipment | Other (excluding exploration and production activities) | Depreciation, amortization and impairment
Assets under leases
Right-of-use assets	(2,235)	(2,100)	(1,819)
Buildings | Other (excluding exploration and production activities)
Assets under leases
Right-of-use assets	718	1,135	1,292
Buildings | Other (excluding exploration and production activities) | Gross value/Cost
Assets under leases
Right-of-use assets	1,332	1,750	1,853
Buildings | Other (excluding exploration and production activities) | Depreciation, amortization and impairment
Assets under leases
Right-of-use assets	(614)	(615)	(561)
Other | Other (excluding exploration and production activities)
Assets under leases
Right-of-use assets	379	262	308
Other | Other (excluding exploration and production activities) | Gross value/Cost
Assets under leases
Right-of-use assets	908	745	712
Other | Other (excluding exploration and production activities) | Depreciation, amortization and impairment
Assets under leases
Right-of-use assets	$ (529)	$ (483)	$ (404)

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, 2023	Dec. 31, 2022	Dec. 31, 2021
Equity value
Total Associates	$ 9,484	$ 9,533	$ 17,244
Total Joint ventures	16,411	14,623	9,277
Total	25,895	24,156	26,521
Loans	4,562	3,733	4,532
Total Equity value and Loans	30,457	27,889	31,053
Profit/(loss)
Total Associates	1,132	(4,567)	1,186
Total Joint ventures	713	2,675	2,252
Total share of profit/(loss) of equity affiliates	1,845	(1,892)	3,438
Other comprehensive income
Total Associates	(57)	3,368	734
Total Joint ventures	(151)	129	(28)
Share of other comprehensive income of equity affiliates, net amount	$ (208)	$ 3,497	$ 706

Equity affiliates, other inve_4

Equity affiliates, other investments and related parties - Associates (Details) $ in Millions		12 Months Ended
	Dec. 31, 2023 USD ($)	Dec. 31, 2023 USD ($) item	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)
Associates
Non current assets	$ 184,125	$ 184,125	$ 178,140	$ 182,322
Current assets	99,529	99,529	125,724	111,136
TOTAL ASSETS	283,654	283,654	303,864	293,458
Shareholder's equity	119,453	119,453	114,570	114,999	$ 106,085
Non current liabilities	75,416	75,416	79,516	83,357
Current liabilities	88,785	88,785	109,778	95,102
TOTAL LIABILITIES & SHAREHOLDERS' EQUITY	283,654	283,654	303,864	293,458
Revenues from sales		218,945	263,310	184,634
Net income		21,510	21,044	16,366
Other comprehensive income		1,107	(3,109)	(1,446)
Equity value	$ 25,895	25,895	24,156	26,521
Profit/(loss)		1,845	(1,892)	3,438
Share of other comprehensive income, net amount		(208)	3,497	706
Novatek
Associates
% owned	19.40%
Refining & Chemicals | Saudi Aramco Total Refining & Petrochemicals
Associates
Non current assets	$ 9,780	9,780	10,003	10,264
Current assets	2,584	2,584	3,615	2,221
TOTAL ASSETS	12,364	12,364	13,618	12,485
Shareholder's equity	3,527	3,527	3,858	1,164
Non current liabilities	5,850	5,850	6,365	7,322
Current liabilities	2,987	2,987	3,395	3,999
TOTAL LIABILITIES & SHAREHOLDERS' EQUITY	12,364	12,364	13,618	12,485
Revenues from sales		12,994	20,492	11,123
Net income		584	2,409	(245)
Other comprehensive income		$ (59)	$ 284	$ 155
% owned		37.50%	37.50%	37.50%
Equity value	1,323	$ 1,323	$ 1,447	$ 437
Profit/(loss)		219	903	(92)
Share of other comprehensive income, net amount		(46)	147	116
Dividends paid to TotalEnergies		$ 321
Refinery production capacity (in barrels per day) | item		460,000
Refining & Chemicals | Qatar
Associates
Non current assets	2,882	$ 2,882	3,905	3,909
Current assets	2,000	2,000	2,491	1,908
TOTAL ASSETS	4,882	4,882	6,396	5,817
Shareholder's equity	2,748	2,748	2,737	2,693
Non current liabilities	835	835	2,062	1,906
Current liabilities	1,299	1,299	1,597	1,218
TOTAL LIABILITIES & SHAREHOLDERS' EQUITY	4,882	4,882	6,396	5,817
Revenues from sales		9,506	13,193	9,266
Net income		203	629	649
Other comprehensive income		(7)	(5)	(5)
Equity value	665	665	703	693
Profit/(loss)		78	161	174
Share of other comprehensive income, net amount		(7)	10	13
Dividends paid to TotalEnergies		$ 145	$ 138	199
Refining & Chemicals | Qatar Petrochemical Company Q.S.C. (QAPCO)
Associates
% owned		20%
Refining & Chemicals | Qatofin Company Limited
Associates
% owned		49.08%
Refining & Chemicals | Laffan Refinery Company Limited 1
Associates
% owned		10%
Exploration and Production activities | Novatek
Associates
Non current assets				26,954
Current assets				8,208
TOTAL ASSETS				35,162
Shareholder's equity				25,944
Non current liabilities				3,246
Current liabilities				5,972
TOTAL LIABILITIES & SHAREHOLDERS' EQUITY				35,162
Revenues from sales				15,876
Net income				5,871
Other comprehensive income				$ (82)
% owned			19.40%	19.40%
Equity value				$ 6,243
Including goodwill and identifiable assets				1,210
Profit/(loss)			$ (5,747)	1,065
Share of other comprehensive income, net amount			3,118	446
Dividends paid to TotalEnergies			883	387
Exploration and Production activities | Liquefaction entities
Associates
Non current assets	42,197	$ 42,197	40,850	39,348
Current assets	5,745	5,745	8,276	11,075
TOTAL ASSETS	47,942	47,942	49,126	50,423
Shareholder's equity	35,144	35,144	19,188	23,867
Non current liabilities	7,700	7,700	22,312	19,659
Current liabilities	5,098	5,098	7,626	6,897
TOTAL LIABILITIES & SHAREHOLDERS' EQUITY	47,942	47,942	49,126	50,423
Revenues from sales		26,288	35,888	23,243
Net income		6,880	10,247	8,056
Equity value	3,963	3,963	3,243	5,582
Including goodwill and identifiable assets	32	32	34	1,832
Profit/(loss)		822	(340)	1,024
Share of other comprehensive income, net amount		(19)	(71)	85
Dividends paid to TotalEnergies		$ 1,052	1,224	817
Exploration and Production activities | Nigeria LNG Limited
Associates
% owned		15%
Exploration and Production activities | Angola LNG Limited
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%
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%
Exploration and Production activities | Qatar Liquified Gas Company Limited 5 (North Field East project)
Associates
% owned		25%
Exploration and Production activities | Qatar Liquefied Gas Company Limited 10 (North Field South Project)
Associates
% owned		25%
Renewables and Electricity activities | Adani Green Energy Limited (AGEL)
Associates
Non current assets	7,887	$ 7,887	6,961	6,223
Current assets	1,091	1,091	769	1,042
TOTAL ASSETS	8,978	8,978	7,730	7,265
Shareholder's equity	965	965	807	316
Non current liabilities	5,712	5,712	5,805	5,560
Current liabilities	2,301	2,301	1,118	1,389
TOTAL LIABILITIES & SHAREHOLDERS' EQUITY	8,978	8,978	7,730	7,265
Revenues from sales		1,061	1,073	545
Net income		162	104	35
Other comprehensive income		$ 5	$ (112)	$ (10)
% owned		19.74%	19.74%	20%
Equity value	1,877	$ 1,877	$ 1,856	$ 2,102
Including goodwill and identifiable assets	$ 1,687	1,687	1,697	2,039
Profit/(loss)		32	21	7
Share of other comprehensive income, net amount		$ 3	$ 23	$ 6

Equity affiliates, other inve_5

Equity affiliates, other investments and related parties - Joint Ventures (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Joint Ventures
Non current assets	$ 184,125	$ 178,140	$ 182,322
Cash and cash equivalents	27,263	33,026	21,342	$ 31,268
TOTAL ASSETS	283,654	303,864	293,458
Shareholders' equity - TotalEnergies share	116,753	111,724	111,736
Shareholder's equity - Non controlling interests	2,700	2,846	3,263
Non-current financial debt	40,478	45,264	49,512
Current financial debts	9,590	15,502	15,035
TOTAL LIABILITIES & SHAREHOLDERS' EQUITY	283,654	303,864	293,458
Revenues from sales	218,945	263,310	184,634
Income taxes	(13,301)	(22,242)	(9,587)
Net income	21,510	21,044	16,366
Non-controlling interests	126	518	334
Other comprehensive income	1,107	(3,109)	(1,446)
Equity value	25,895	24,156	26,521
Profit/(loss)	1,845	(1,892)	3,438
Share of other comprehensive income, net amount	(208)	3,497	706
Goodwill	$ 9,951	8,650
GIP III Zephyr Holdings, LLC | Clearway Energy LLC
Joint Ventures
Proportion of ownership interest in subsidiary	42%
Integrated LNG
Joint Ventures
Goodwill	$ 2,857	2,804
Integrated Power
Joint Ventures
Goodwill	3,666	2,219
Refining & Chemicals
Joint Ventures
Goodwill	538	502
Liquefaction entities | Integrated LNG
Joint Ventures
Non current assets	62,461	65,293	66,924
Current assets excluding cash and cash equivalents	2,832	2,630	2,912
Cash and cash equivalents	4,690	4,375	2,312
TOTAL ASSETS	69,983	72,298	72,148
Shareholders' equity - TotalEnergies share	20,438	17,455	9,956
Other non current liabilities	10,399	10,785	8,205
Non-current financial debt	36,144	41,452	50,920
Other current liabilities	3,002	2,606	3,067
TOTAL LIABILITIES & SHAREHOLDERS' EQUITY	69,983	72,298	72,148
Revenues from sales	17,605	24,701	14,380
Depreciation and depletion of tangible assets and mineral interests	(2,700)	(2,814)	(3,058)
Interest income	32	17
Interest expense	(3,146)	(2,453)	(2,599)
Income taxes	(1,798)	(2,804)	(1,448)
Net income	5,122	12,791	5,600
Other comprehensive income	(52)	526	323
Equity value	4,941	4,315	2,725
Including goodwill and identifiable assets	430	465	502
Profit/(loss)	1,058	2,616	1,119
Share of other comprehensive income, net amount	(14)	137	84
Dividends paid to TotalEnergies	418	1,166	81
Yamal LNG
Joint Ventures
Equity value	$ 4,560
Yamal LNG | Integrated LNG
Joint Ventures
% owned	20.02%
Ichthys LNG PTY Limited | Integrated LNG
Joint Ventures
% owned	26%
GIP III Zephyr Holdings, LLC | Integrated Power
Joint Ventures
Non current assets	$ 13,111	12,406
Current assets excluding cash and cash equivalents	375	370
Cash and cash equivalents	1,313	1,116
TOTAL ASSETS	14,799	13,892
Shareholders' equity - TotalEnergies share	604	296
Shareholder's equity - Non controlling interests	1,912	2,548
Other non current liabilities	1,460	1,285
Non-current financial debt	9,598	8,808
Other current liabilities	414	496
Current financial debts	811	459
TOTAL LIABILITIES & SHAREHOLDERS' EQUITY	14,799	13,892
Revenues from sales	1,452	351
Depreciation and depletion of tangible assets and mineral interests	(460)	(129)
Interest income	40	5
Interest expense	(315)	(95)
Net income	83	(36)
Non-controlling interests	(126)	$ 219
Other comprehensive income	$ (2)
% owned	50%	50%
Equity value	$ 2,283	$ 2,356
Including goodwill and identifiable assets	1,981	2,208
Profit/(loss)	29	(18)
Share of other comprehensive income, net amount	(1)
Dividends paid to TotalEnergies	100	46
Goodwill	1,755
Hanwha TotalEnergies Petrochemical Co | Refining & Chemicals
Joint Ventures
Non current assets	3,959	4,113	4,443
Current assets excluding cash and cash equivalents	2,089	2,326	2,117
Cash and cash equivalents	113	82	151
TOTAL ASSETS	6,161	6,521	6,711
Shareholders' equity - TotalEnergies share	2,963	3,146	3,538
Other non current liabilities	174	180	164
Non-current financial debt	858	1,220	1,241
Other current liabilities	1,137	1,117	1,055
Current financial debts	1,029	858	713
TOTAL LIABILITIES & SHAREHOLDERS' EQUITY	6,161	6,521	6,711
Revenues from sales	8,754	10,824	8,600
Depreciation and depletion of tangible assets and mineral interests	(281)	(289)	(312)
Interest expense	(67)	(47)	(44)
Income taxes	10	(65)	(222)
Net income	(28)	123	620
Other comprehensive income	$ (105)	$ (189)	$ (308)
% owned	50%	50%	50%
Equity value	$ 1,482	$ 1,573	$ 1,769
Profit/(loss)	(14)	62	310
Share of other comprehensive income, net amount	(69)	(59)	(150)
Dividends paid to TotalEnergies	$ 25	$ 162	$ 109

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, 2023	Dec. 31, 2022	Dec. 31, 2021
Equity affiliates
Non current assets	$ 184,125	$ 178,140	$ 182,322
Current assets	99,529	125,724	111,136
TOTAL ASSETS	283,654	303,864	293,458
Shareholders' equity - TotalEnergies share	116,753	111,724	111,736
Non-controlling interests	2,700	2,846	3,263
Non current liabilities	75,416	79,516	83,357
Current liabilities	88,785	109,778	95,102
TOTAL LIABILITIES & SHAREHOLDERS' EQUITY	283,654	303,864	293,458
Revenues from sales	218,945	263,310	184,634
Net income	21,510	21,044	16,366
Non-controlling interests	126	518	334
Share of other comprehensive income, net amount	(208)	3,497	706
Equity value	25,895	24,156	26,521
Profit/(loss)	1,845	(1,892)	3,438
Associates
Equity affiliates
Non current assets	4,977	6,014	5,987
Current assets	1,231	1,591	1,849
TOTAL ASSETS	6,208	7,605	7,836
Shareholders' equity - TotalEnergies share	921	1,423	1,366
Non current liabilities	4,553	5,296	5,455
Current liabilities	734	886	1,015
TOTAL LIABILITIES & SHAREHOLDERS' EQUITY	6,208	7,605	7,836
Revenues from sales	2,026	2,338	2,450
Net income	7	488	514
Share of other comprehensive income, net amount	11	140	68
Equity value	1,656	2,285	2,188
Profit/(loss)	(19)	436	(992)
Dividends paid to TotalEnergies	323	469	498
Joint ventures
Equity affiliates
Non current assets	13,224	11,281	9,745
Current assets	2,988	2,742	1,799
TOTAL ASSETS	16,212	14,023	11,544
Shareholders' equity - TotalEnergies share	4,625	3,894	2,531
Non-controlling interests	75	140
Non current liabilities	8,798	7,375	7,460
Current liabilities	2,714	2,614	1,553
TOTAL LIABILITIES & SHAREHOLDERS' EQUITY	16,212	14,023	11,544
Revenues from sales	7,451	7,026	4,850
Net income	(279)	454	381
Non-controlling interests	(64)
Share of other comprehensive income, net amount	(67)	52	38
Equity value	7,705	6,379	4,782
Profit/(loss)	(359)	15	823
Dividends paid to TotalEnergies	$ 120	$ 63	$ 96

Equity affiliates, other inve_7

Equity affiliates, other investments and related parties - Equity instruments reconciliation (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Financial structure, financial costs and financial instruments
Equity instruments as of the beginning of the period	$ 1,051	$ 1,625	$ 2,007
Increase - Decrease	527	(613)	(440)
Change in fair value	(35)	39	58
Equity instruments as of the end of the period	1,543	1,051	1,625
Fair value through other comprehensive income
Financial structure, financial costs and financial instruments
Equity instruments as of the beginning of the period	119	573	783
Increase - Decrease	247	(566)	(276)
Change in fair value	(11)	112	66
Equity instruments as of the end of the period	355	119	573
Fair value through other comprehensive income | Next Decade Corporation
Financial structure, financial costs and financial instruments
Increase - Decrease	219
Change in fair value	(5)
Equity instruments as of the end of the period	214
Fair value through other comprehensive income | Enphase Energy Inc.
Financial structure, financial costs and financial instruments
Equity instruments as of the beginning of the period		457	613
Increase - Decrease		(579)	(177)
Change in fair value		122	21
Equity instruments as of the end of the period			457
Fair value through other comprehensive income | Tellurian Investments Inc
Financial structure, financial costs and financial instruments
Equity instruments as of the beginning of the period			57
Increase - Decrease			(111)
Change in fair value			54
Fair value through other comprehensive income | Other shares (unit value below $50 million)
Financial structure, financial costs and financial instruments
Equity instruments as of the beginning of the period	119	116	113
Increase - Decrease	28	13	12
Change in fair value	(6)	(10)	(9)
Equity instruments as of the end of the period	141	119	116
Fair value through profit and loss
Financial structure, financial costs and financial instruments
Equity instruments as of the beginning of the period	932	1,052	1,224
Increase - Decrease	280	(47)	(164)
Change in fair value	(24)	(73)	(8)
Equity instruments as of the end of the period	1,188	932	1,052
Fair value through profit and loss | BBPP
Financial structure, financial costs and financial instruments
Equity instruments as of the beginning of the period			58
Increase - Decrease			(58)
Fair value through profit and loss | BTC Limited
Financial structure, financial costs and financial instruments
Equity instruments as of the beginning of the period	5	14	27
Change in fair value		(9)	(13)
Equity instruments as of the end of the period	5	5	14
Fair value through profit and loss | Hubei Cathay Smart Energy Fund
Financial structure, financial costs and financial instruments
Equity instruments as of the beginning of the period	54	36	36
Increase - Decrease	(54)	7	1
Change in fair value		11	(1)
Equity instruments as of the end of the period		54	36
Fair value through profit and loss | Nordian CPO
Financial structure, financial costs and financial instruments
Increase - Decrease	70
Equity instruments as of the end of the period	70
Fair value through profit and loss | Other shares (unit value below $50 million)
Financial structure, financial costs and financial instruments
Equity instruments as of the beginning of the period	873	1,002	1,103
Increase - Decrease	264	(54)	(107)
Change in fair value	(24)	(75)	6
Equity instruments as of the end of the period	$ 1,113	$ 873	$ 1,002

Equity affiliates, other inve_8

Equity affiliates, other investments and related parties - Related parties (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Balance sheet
Receivables: Debtors and other debtors	$ 1,144	$ 1,231	$ 809
Loans (excl. loans to equity accounted for affiliates)	232	184	113
Payables: Creditors and other creditors	1,068	1,610	1,347
Payables: Debts	1	5	2
Statement of income
Sales	7,222	6,806	4,250
Purchases	(15,574)	(25,656)	(13,473)
Financial income	3	3
Financial expense	$ (5)	$ (9)	$ (8)

Equity affiliates, other inve_9

Equity affiliates, other investments and related parties - Compensation (Details) $ in Thousands, € in Millions	12 Months Ended
	Dec. 31, 2023 USD ($) employee	Dec. 31, 2022 USD ($) employee	Dec. 31, 2021 USD ($) employee	Dec. 31, 2023 EUR (€) employee	Dec. 31, 2022 EUR (€) employee	Dec. 31, 2021 EUR (€) employee
Related party transactions
Number of people | employee	102,579	101,279	101,309	102,579	101,279	101,309
Direct or indirect compensation | $	$ 13,900	$ 12,400	$ 11,900
Pension expense | $	3,500	1,900	1,400
Share-based payments expense | $	8,700	7,700	4,900
Severance provision, supplementary pension schemes and insurance plans	82,900	64,300	90,700	€ 75	€ 60.3	€ 80.1
Directors' fees | $	$ 2,000	$ 1,840	$ 2,060
Executive officers and members of the Board of Directors
Related party transactions
Number of people | employee	11	11	11	11	11	11
Executive Officers
Related party transactions
Number of people | employee	8	8	8	8	8	8
Board of Directors
Related party transactions
Number of people | employee	3	3	3	3	3	3

Shareholders' equity and shar_3

Shareholders' equity and share-based payments - Number of shares (Details) € / shares in Units, $ in Millions	Dec. 31, 2023 USD ($) shareholder shares	Dec. 31, 2023 EUR (€) shareholder € / shares shares	Dec. 31, 2022 USD ($) shares	Dec. 31, 2021 USD ($) shares
Shareholders' equity
Share capital	$ 7,616	€ 6,030,629,587.50	$ 8,163	$ 8,224
Number of shares issued	2,412,251,835	2,412,251,835
Common share par value (in Euros per shares) | € / shares		€ 2.50
Number of categories of shares | shareholder	1	1
Authorized share capital (in shares)	3,436,374,353	3,436,374,353	3,664,966,081	3,686,636,841
Common shares
Shareholders' equity
Shareholder maximum voting rights (as a percent)	10%	10%
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	Sep. 21, 2023	Feb. 07, 2023	May 25, 2022	Feb. 09, 2022	Feb. 08, 2021
Shareholders' equity
Number of shares bought back and cancelled for the purpose of the shareholder's policy	86,012,344	128,869,261		30,665,526	23,284,409
Percentage of the share capital cancelled	3.44%	4.92%		1.16%	0.88%
Limit of authorization for cancellation of shares, as percentage of capital			10%
Period of authorization for share cancellation			24 months

Shareholders' equity and shar_5

Shareholders' equity and share-based payments - Variation of the number of shares composing the share capital (Details) - shares	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Variation of the number of shares composing the share capital
Common shares issued as of the end of the period	2,412,251,835
Treasury shares	60,543,213	137,187,667	33,841,104	24,392,703
Common shares issued
Variation of the number of shares composing the share capital
Common shares issued as of the beginning of the period	2,619,131,285	2,640,429,329	2,653,124,025
Capital reduction by cancellation of treasury shares	(214,881,605)	(30,665,526)	(23,284,409)
Deferred contribution pursuant to capital increase reserved for employees		9,471
Capital increase reserved for employees	8,002,155	9,358,011	10,589,713
Common shares issued as of the end of the period	2,412,251,835	2,619,131,285	2,640,429,329

Shareholders' equity and shar_6

Shareholders' equity and share-based payments - Capital increase reserved for Group employees (Details) - Capital increase reserved for employees - € / shares					12 Months Ended
	Jun. 07, 2023	May 26, 2023	Jun. 08, 2022	Jun. 09, 2021	Dec. 31, 2023	Sep. 21, 2023
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	7,760,062		9,130,380	10,376,190	8,000,000
Subscription price	€ 45.60		€ 37	€ 30.50	€ 45.60
Free shares - Number of shares granted	242,093		227,631	213,523

Shareholders' equity and shar_7

Shareholders' equity and share-based payments - Treasury shares (Details) - shares	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Shareholders' equity
Number of treasury shares	60,543,213	137,187,667	33,841,104	24,392,703
TotalEnergies SE
Shareholders' equity
Number of treasury shares	60,543,213	137,187,667	33,841,104
Percentage of share capital represented by treasury shares	2.51%	5.24%	1.28%
Shares acquired with the intention to cancel them	56,557,576	128,869,261	30,665,526
TotalEnergies SE | TotalEnergies share performance plans
Shareholders' equity
Shares allocated or intended to be allocated to share-based payment plans	3,887,587	8,231,365	3,103,018
TotalEnergies SE | New share performance or purchase options plans
Shareholders' equity
Shares allocated or intended to be allocated to share-based payment plans	98,050	87,041	72,560

Shareholders' equity and shar_8

Shareholders' equity and share-based payments - Paid-in surplus and Reserves (Details) € in Millions, $ in Millions	Dec. 31, 2023 EUR (€)	Dec. 31, 2023 USD ($)	Dec. 31, 2022 EUR (€)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 EUR (€)	Dec. 31, 2021 USD ($)
Shareholders' equity and share-based payments
Paid-in surplus | €	€ 24,385		€ 35,099		€ 36,030
Reserves
Percentage of net income that must be transferred to legal reserve	5%	5%
Required legal reserve as a percentage of share capital	10%	10%
Additional corporation tax if unrestricted reserves were wholly distributed | $		$ 234		$ 227		$ 362

Shareholders' equity and shar_9

Shareholders' equity and share-based payments - Earnings per share (Details)	12 Months Ended
	Dec. 31, 2023 $ / shares shares	Dec. 31, 2023 € / shares shares	Dec. 31, 2022 $ / shares shares	Dec. 31, 2022 € / shares shares	Dec. 31, 2021 $ / shares shares
Earnings per share in euros
Earnings per share (in dollars or Euros per share) | (per share)	$ 8.72	€ 8.06	$ 7.91	€ 7.51	$ 5.95
Diluted earnings per share (in dollars or Euros per share) | (per share)	$ 8.67	€ 8.02	$ 7.85	€ 7.45	$ 5.92
Common shares issued
Number of shares issued during the year pro-rated
Common shares issued as of the beginning of the period	2,619,131,285	2,619,131,285	2,640,429,329	2,640,429,329	2,653,124,025
TotalEnergies shares held by TotalEnergies SE or by its subsidiaries and deducted from shareholders' equity	(137,187,667)	(137,187,667)	(33,841,104)	(33,841,104)	(24,392,703)
Final grant of TotalEnergies performance shares	5,378,956	5,378,956	5,152,336	5,152,336	3,810,430
Capital increase reserved for employees	4,671,946	4,671,946	5,465,154	5,465,154	6,177,333
Buyback of TotalEnergies treasury shares including:	(74,633,216)	(74,633,216)	(62,498,318)	(62,498,318)	(7,296,460)
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	(72,985,133)	(72,985,133)	(58,621,530)	(58,621,530)	(3,762,794)
Shares repurchased during the fiscal year to cover for the performance share plans	(1,648,083)	(1,648,083)	(3,876,788)	(3,876,788)	(3,533,666)
WEIGHTED-AVERAGE NUMBER OF SHARES	2,417,361,304	2,417,361,304	2,554,707,397	2,554,707,397	2,631,422,625
Dilutive effect
Grant of TotalEnergies performance shares	14,354,523	14,354,523	15,890,560	15,890,560	14,492,673
Capital increase reserved for employees	2,051,751	2,051,751	1,584,068	1,584,068	1,552,947
WEIGHTED-AVERAGE NUMBER OF DILUTED SHARES	2,433,767,578	2,433,767,578	2,572,182,025	2,572,182,025	2,647,468,245

Shareholders' equity and sha_10

Shareholders' equity and share-based payments - Dividend (Details) - € / shares	Feb. 07, 2024	Oct. 25, 2023	Jul. 26, 2023	Apr. 26, 2023
Dividend
Dividend for the 2023 fiscal year, to be submitted at shareholders' meeting (in Euros per share)	€ 3.01
Final dividend proposed by Board of Directors (in Euros per share)	€ 0.79
Dividend recognised (in Euros per share)		€ 0.74	€ 0.74	€ 0.74

Shareholders' equity and sha_11

Shareholders' equity and share-based payments - Perpetual subordinated notes (Details) € in Millions, $ in Millions			12 Months Ended
	May 05, 2023 EUR (€)	Jan. 17, 2022 EUR (€) tranche	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2023 EUR (€)	Dec. 31, 2022 EUR (€)	Dec. 31, 2021 EUR (€)	Jan. 25, 2021 EUR (€)	Sep. 04, 2020 EUR (€)	Apr. 04, 2019 EUR (€)	Oct. 06, 2016 EUR (€)	May 18, 2016 EUR (€)	Feb. 26, 2015 EUR (€)
Shareholders' equity
Amount of perpetual deeply subordinated notes recorded in equity | $			$ 12,777
Coupons booked in deduction of shareholders' equity | $			$ 294	$ 331	$ 368
Perpetual subordinated notes
Shareholders' equity
Notional amount						€ 11,250	€ 12,250	€ 12,250
Perpetual subordinated notes issued in 2022
Shareholders' equity
Notional amount		€ 1,750
Number of tranches | tranche		2
Perpetual subordinated notes issued, 3.250%, callable after 15 years
Shareholders' equity
Notional amount		€ 750				750	750
Interest rate (as percent)		3.25%
Perpetual subordinated notes issued, 2.000%, callable after 5.25 years
Shareholders' equity
Notional amount		€ 1,000				1,000	1,000
Interest rate (as percent)		2%
Perpetual subordinated notes issued, 2.125%, callable after 12 years
Shareholders' equity
Notional amount						1,500	1,500	1,500	€ 1,500
Interest rate (as percent)									2.125%
Perpetual subordinated notes issued, 1.625%, callable after 7 years
Shareholders' equity
Notional amount						1,500	1,500	1,500	€ 1,500
Interest rate (as percent)									1.625%
Perpetual subordinated notes issued, 2.000%, callable after 10 years
Shareholders' equity
Notional amount						1,000	1,000	1,000		€ 1,000
Interest rate (as percent)										2%
Perpetual subordinated notes issued, 1.750%, callable after 5 years
Shareholders' equity
Notional amount						1,500	1,500	1,500			€ 1,500
Interest rate (as percent)											1.75%
Subordinated note, 3.369%, perpetual maturity callable after 10 years
Shareholders' equity
Notional amount						1,500	1,500	1,500				€ 1,500
Interest rate (as percent)												3.369%
Subordinated note, 2.708%, perpetual maturity callable after 6.6 years
Shareholders' equity
Notional amount							1,000	1,000				€ 1,000
Interest rate (as percent)	2.708%											2.708%
Amount repaid	€ 1,000
Subordinated note, 3.875%, perpetual maturity callable after 6 years
Shareholders' equity
Notional amount								1,750					€ 1,750
Interest rate (as percent)													3.875%
Subordinated note, 2.625%, perpetual maturity callable after 10 years
Shareholders' equity
Notional amount						€ 2,500	€ 2,500	€ 2,500						€ 2,500
Interest rate (as percent)														2.625%

Shareholders' equity and sha_12

Shareholders' equity and share-based payments - Other comprehensive income (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Shareholders' equity and share-based payments.
Actuarial gains and losses	$ (114)	$ 574	$ 1,035
Change in fair value of investments in equity instruments	(11)	112	66
Tax effect	(11)	(96)	(411)
Currency translation adjustment generated by the parent company	2,573	(4,976)	(7,202)
Items not potentially reclassifiable to profit and loss	2,437	(4,386)	(6,512)
Currency translation adjustment	(3,277)	1,734	4,216
Unrealized gain/(loss) of the period	(2,524)	1,974	4,380
Less gain/(loss) included in net income	753	240	164
Cash flow hedge	2,898	(5,452)	278
Unrealized gain/(loss) of the period	3,155	(4,190)	109
Less gain/(loss) included in net income	257	1,262	(169)
Variation of foreign currency basis spread	(11)	65	2
unrealized gain/(loss) of the period	(37)	26	(47)
less gain/(loss) included in net income	(26)	(39)	(49)
Share of other comprehensive income of equity affiliates, net amount	(208)	3,497	706
Unrealized gain/(loss) of the period	(194)	1,071	626
Less gain/(loss) included in net income	14	(2,426)	(80)
Other	(2)	(16)	(1)
Tax effect	(730)	1,449	(135)
Sub-total items potentially reclassifiable to profit and loss	(1,330)	1,277	5,066
Total other comprehensive income (net amount)	$ 1,107	$ (3,109)	$ (1,446)

Shareholders' equity and sha_13

Shareholders' equity and share-based payments - Currency translation adjustment (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Other comprehensive income
Currency translation adjustment generated by the parent company	$ 2,573	$ (4,976)	$ (7,202)
Currency translation adjustment	(3,277)	1,734	4,216
Currency translation adjustment of equity affiliates	(179)	3,002	536
TOTAL CURRENCY TRANSLATION ADJUSTMENT RECOGNIZED IN COMPREHENSIVE	(883)	(240)	(2,450)
Euro
Other comprehensive income
Currency translation adjustment generated by the parent company	2,573	(4,976)	(7,202)
Currency translation adjustment	(3,174)	3,120	4,654
Currency translation adjustment of equity affiliates	(107)	(1,076)	730
TOTAL CURRENCY TRANSLATION ADJUSTMENT RECOGNIZED IN COMPREHENSIVE	(708)	(2,932)	(1,818)
Pound Sterling
Other comprehensive income
Currency translation adjustment	186	(592)	(180)
Currency translation adjustment of equity affiliates	(9)	31	4
TOTAL CURRENCY TRANSLATION ADJUSTMENT RECOGNIZED IN COMPREHENSIVE	177	(561)	(176)
Ruble
Other comprehensive income
Currency translation adjustment		4	(1)
Currency translation adjustment of equity affiliates		4,247	(27)
TOTAL CURRENCY TRANSLATION ADJUSTMENT RECOGNIZED IN COMPREHENSIVE		4,251	(28)
Other currencies
Other comprehensive income
Currency translation adjustment	(289)	(798)	(257)
Currency translation adjustment of equity affiliates	(63)	(200)	(171)
TOTAL CURRENCY TRANSLATION ADJUSTMENT RECOGNIZED IN COMPREHENSIVE	$ (352)	$ (998)	$ (428)

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, 2023	Dec. 31, 2022	Dec. 31, 2021
Pre-tax amount
Actuarial gains and losses	$ (114)	$ 574	$ 1,035
Change in fair value of investments in equity instruments	(11)	112	66
Currency translation adjustment generated by the parent company	2,573	(4,976)	(7,202)
Sub-total items not potentially reclassifiable to profit & loss	2,448	(4,290)	(6,101)
Currency translation adjustment	(3,277)	1,734	4,216
Cash flow hedge	2,898	(5,452)	278
Variation of foreign currency basis spread	(11)	65	2
Share of other comprehensive income of equity affiliates, net amount	(208)	3,497	706
Other	(2)	(16)	(1)
Sub-total items potentially reclassifiable to profit & loss	(600)	(172)	5,201
Total other comprehensive income	1,848	(4,462)	(900)
Tax effect
Actuarial gains and losses	(10)	(106)	(372)
Change in fair value of investments in equity instruments	(1)	10	(39)
Sub-total items not potentially reclassifiable to profit and loss	(11)	(96)	(411)
Cash flow hedge	(733)	1,466	(130)
Variation of foreign currency basis spread	3	(17)	(5)
Sub-total items potential reclassifiable to profit and loss	(730)	1,449	(135)
Total other comprehensive income	(741)	1,353	(546)
Net amount
Actuarial gains and losses	(124)	468	663
Change in fair value of investments in equity instruments	(12)	122	27
Currency translation adjustment generated by the parent company	2,573	(4,976)	(7,202)
Items not potentially reclassifiable to profit and loss	2,437	(4,386)	(6,512)
Currency translation adjustment	(3,277)	1,734	4,216
Cash flow hedge	2,165	(3,986)	148
Variation of foreign currency basis spread	(8)	48	(3)
Share of other comprehensive income of equity affiliates, net amount	(208)	3,497	706
Other	(2)	(16)	(1)
Items potentially reclassifiable to profit and loss	(1,330)	1,277	5,066
Total other comprehensive income (net amount)	$ 1,107	$ (3,109)	$ (1,446)

Shareholders' equity and sha_15

Shareholders' equity and share-based payments - TOTALEnergies performance share plans (Details)		12 Months Ended
	Dec. 13, 2023 EUR (€) EquityInstruments individual	Dec. 31, 2023 EquityInstruments item	Dec. 31, 2022 EquityInstruments	Dec. 31, 2021 EquityInstruments	May 26, 2023 EUR (€)	Mar. 16, 2022 EUR (€)	May 28, 2021 EUR (€)	Mar. 18, 2020 EUR (€)	Mar. 13, 2019 EUR (€)	Mar. 14, 2018 EUR (€)
TotalEnergies performance share plans
Share-based payments
Outstanding as of the beginning of the period		20,556,722	19,675,018	19,021,217
Notified (in shares)		7,985,203	7,353,271	6,764,548
Cancelled (in shares)		(355,256)	(275,913)	(1,537,552)
Finally granted (in shares)		(6,457,392)	(6,195,654)	(4,573,195)
Outstanding as of the end of the period		21,729,277	20,556,722	19,675,018
Vesting period		3 years
Holding period for non-transferability of shares		2 years
TotalEnergies performance share plans - 2018 Plan
Share-based payments
Grant date IFRS 2 fair value | €										€ 36.22
Outstanding as of the beginning of the period				5,961,865
Cancelled (in shares)				(1,395,555)
Finally granted (in shares)				(4,566,310)
Number of performance conditions | item		2
TotalEnergies performance share plans - 2019 Plan
Share-based payments
Grant date IFRS 2 fair value | €									€ 40.11
Outstanding as of the beginning of the period			6,289,076	6,352,464
Cancelled (in shares)			(127,852)	(58,578)
Finally granted (in shares)			(6,161,224)	(4,810)
Outstanding as of the end of the period				6,289,076
Number of performance conditions | item		3
TotalEnergies performance share plans - 2020 Plan
Share-based payments
Grant date IFRS 2 fair value | €								€ 12.40
Outstanding as of the beginning of the period		6,574,961	6,653,202	6,706,888
Cancelled (in shares)		(128,577)	(65,561)	(52,301)
Finally granted (in shares)		(6,446,384)	(12,680)	(1,385)
Outstanding as of the end of the period			6,574,961	6,653,202
Number of performance conditions | item		4
TotalEnergies performance share plans - 2021-2023 Plans
Share-based payments
Number of performance conditions | item		5
TotalEnergies performance share plans - 2021 Plan
Share-based payments
Grant date IFRS 2 fair value | €							€ 27.40
Outstanding as of the beginning of the period		6,661,580	6,732,740
Notified (in shares)				6,764,548
Cancelled (in shares)		(98,291)	(57,410)	(31,118)
Finally granted (in shares)		(5,250)	(13,750)	(690)
Outstanding as of the end of the period		6,558,039	6,661,580	6,732,740
TotalEnergies performance share plans - 2022 Plan
Share-based payments
Grant date IFRS 2 fair value | €						€ 37.22
Outstanding as of the beginning of the period		7,320,181
Notified (in shares)			7,353,271
Cancelled (in shares)		(86,348)	(25,090)
Finally granted (in shares)		(5,568)	(8,000)
Outstanding as of the end of the period		7,228,265	7,320,181
TotalEnergies performance share plans - 2023 Plan
Share-based payments
Grant date IFRS 2 fair value | €					€ 46.24
Notified (in shares)		7,985,203
Cancelled (in shares)		(42,040)
Finally granted (in shares)		(190)
Outstanding as of the end of the period		7,942,973
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%
Percentage of shares ranked against peers based on annual variation in net cash flow per share criterion		25%
Percentage of shares for which pre-dividend organic cash breakeven criterion is assessed		20%
Percentage of shares ranked based on change in GHG on operated oil and gas facilities		15%
Percentage of shares ranked based on change in indirect green house gas emissions		15%
TotalEnergies performance share plans - 2023 Plan, shares granted on 13 December 2023
Share-based payments
Grant date IFRS 2 fair value | €	€ 51.56
Notified (in shares)	37,000
Number of executives to whom shares are granted | individual	4

Shareholders' equity and sha_16

Shareholders' equity and share-based payments - Expense (Details) $ in Millions						12 Months Ended
	Jun. 07, 2023 € / shares shares	Dec. 31, 2022	Sep. 30, 2022	Jun. 08, 2022 € / shares shares	Jun. 09, 2021 € / shares shares	Dec. 31, 2023 € / shares	Dec. 31, 2023 USD ($) shares	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
Share-based payments
Share-based expense							$ 291	$ 251	$ 168
SunPower Corporation | Subsidiary that holds ownership in SunPower Corporation
Share-based payments
Percentage of ownership interest in subsidiary		50.50%	50.50%
TotalEnergies performance share plans
Share-based payments
Share-based expense							217	200	129
SunPower Plans
Share-based payments
Share-based expense								23	25
Capital increase reserved for employees
Share-based payments
Share-based expense							$ 74	$ 28	$ 14
Assumptions used for the valuation of the cost of the capital
Reference price | € / shares						€ 56.88
Subscription price | € / shares	€ 45.60			€ 37	€ 30.50	€ 45.60
Number of shares | shares	7,760,062			9,130,380	10,376,190		8,000,000
Trading sessions to determine subscription price							20 days
Subscription price discount (as a percent)							20%

Payroll, staff and employee b_3

Payroll, staff and employee benefits obligations - Liabilities (Details) - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Employee benefits obligations
Restructuring reserves (early retirement plans)	$ 72	$ 54	$ 73
TOTAL	1,993	1,829	2,672
Net liabilities relating to assets held for sale			(1)
Pension benefits
Employee benefits obligations
Pension benefits and other benefits liabilities	1,453	1,308	1,966
Net liabilities relating to assets held for sale			(1)
Other benefits
Employee benefits obligations
Pension benefits and other benefits liabilities	$ 468	$ 467	$ 633

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, 2023	Dec. 31, 2022	Dec. 31, 2021
Payroll, staff and employee benefits obligations
Charge recognized for defined contribution plans	$ 167	$ 152	$ 145

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, 2023	Dec. 31, 2022	Dec. 31, 2021
Change in benefit obligations and plan assets
Net benefit liabilities relating to assets held for sale			$ (1)
Euro zone
Change in benefit obligations and plan assets
Contribution for the net pension liability in the balance sheet (as a percent)	93%
United Kingdom
Change in benefit obligations and plan assets
Contribution for the net pension liability in the balance sheet (as a percent)	(10.00%)
United States
Change in benefit obligations and plan assets
Contribution for the net pension liability in the balance sheet (as a percent)	17%
Pension benefits
Change in benefit obligations and plan assets
Balance at beginning of year	$ 1,007	$ 1,587
Balance at year-end	1,123	1,007	1,587
UNFUNDED STATUS	1,079	961	1,546
Pension benefits and other benefits liabilities	1,453	1,308	1,966
Other non-current assets	(330)	(301)	(378)
Net benefit liabilities relating to assets held for sale			(1)
Pension benefits | Benefit obligation
Change in benefit obligations and plan assets
Balance at beginning of year	8,267	11,777	13,591
Current service cost	178	202	247
Interest cost (income)	355	195	164
Past service cost	47	27	(197)
Settlements	2	5	3
Plan participants' contributions	23	17	17
Benefits paid	(563)	(661)	(704)
Actuarial losses / (gains)	393	(2,502)	(734)
Foreign currency translation and other	146	(793)	(610)
Balance at year-end	8,847	8,267	11,777
Pension benefits | Benefit obligation | Plans entirely or partially funded
Change in benefit obligations and plan assets
Balance at beginning of year	7,806	11,143
Balance at year-end	8,392	7,806	11,143
Pension benefits | Benefit obligation | Plans not funded
Change in benefit obligations and plan assets
Balance at beginning of year	461	634
Balance at year-end	455	461	634
Pension benefits | Plan assets
Change in benefit obligations and plan assets
Balance at beginning of year	(7,306)	(10,231)	(10,580)
Interest cost (income)	(332)	(190)	(146)
Settlements		2
Plan participants' contributions	(23)	(17)	(17)
Employer contributions	(254)	(260)	(303)
Benefits paid	523	607	635
Actuarial losses / (gains)	(272)	2,083	(290)
Foreign currency translation and other	(104)	700	470
Balance at year-end	(7,768)	(7,306)	(10,231)
Pension benefits | Asset ceiling
Change in benefit obligations and plan assets
Balance at beginning of year	46	41
Balance at year-end	44	46	41
Other benefits
Change in benefit obligations and plan assets
Balance at beginning of year	467	633
Balance at year-end	468	467	633
UNFUNDED STATUS	468	467	633
Pension benefits and other benefits liabilities	468	467	633
Other benefits | Benefit obligation
Change in benefit obligations and plan assets
Balance at beginning of year	467	633	700
Current service cost	12	15	17
Interest cost (income)	20	12	8
Past service cost		9	(1)
Plan participants' contributions		1
Benefits paid	(24)	(22)	(34)
Actuarial losses / (gains)	(6)	(155)	(11)
Foreign currency translation and other	(1)	(25)	(46)
Balance at year-end	468	467	633
Other benefits | Benefit obligation | Plans not funded
Change in benefit obligations and plan assets
Balance at beginning of year	467	633
Balance at year-end	$ 468	$ 467	$ 633

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, 2023	Dec. 31, 2022	Dec. 31, 2021
Actuarial (gains) / losses
Benefit amounts recognized on equity	$ 114	$ (574)	$ (1,035)
Pension benefits
Employee benefits obligations
Current service cost	178	202	247
Past service cost	47	27	(197)
Settlements	2	7	3
Net interest cost	28	5	18
Benefit amounts recognized on profit and loss	255	241	71
Actuarial (gains) / losses
Effect of changes in demographic assumptions	4	1	(71)
Effect of changes in financial assumptions	188	(2,617)	(450)
Effect of experience adjustments	204	111	(214)
Actual return on plan assets	(272)	2,083	(294)
Effect of asset ceiling	(3)	3	5
Benefit amounts recognized on equity	121	(419)	(1,024)
TOTAL BENEFIT AMOUNTS RECOGNIZED ON COMPREHENSIVE INCOME	376	(178)	(953)
Other benefits
Employee benefits obligations
Current service cost	12	15	17
Past service cost		9	(1)
Net interest cost	20	12	8
Benefit amounts recognized on profit and loss	32	36	24
Actuarial (gains) / losses
Effect of changes in demographic assumptions	(8)	(9)	(8)
Effect of changes in financial assumptions	(7)	(138)	2
Effect of experience adjustments	8	(8)	(5)
Benefit amounts recognized on equity	(6)	(155)	(11)
TOTAL BENEFIT AMOUNTS RECOGNIZED ON COMPREHENSIVE INCOME	$ 25	$ (119)	$ 13

Payroll, staff and employee b_7

Payroll, staff and employee benefits obligations - Expected future cash outflows (Details) $ in Millions	12 Months Ended
	Dec. 31, 2023 USD ($)
Pension benefits
Employee benefits obligations
Weighted average duration of accrued benefits	11 years
Expected contributions in respect of funded pension plans in 2020	$ 146
Pension benefits | Not later than one year
Employee benefits obligations
Estimated future payments	551
Pension benefits | Year 2
Employee benefits obligations
Estimated future payments	510
Pension benefits | Year 3
Employee benefits obligations
Estimated future payments	536
Pension benefits | Year 4
Employee benefits obligations
Estimated future payments	596
Pension benefits | Year 5
Employee benefits obligations
Estimated future payments	612
Pension benefits | Year 5 through 10
Employee benefits obligations
Estimated future payments	$ 3,098
Other benefits
Employee benefits obligations
Weighted average duration of accrued benefits	15 years
Other benefits | Not later than one year
Employee benefits obligations
Estimated future payments	$ 25
Other benefits | Year 2
Employee benefits obligations
Estimated future payments	24
Other benefits | Year 3
Employee benefits obligations
Estimated future payments	23
Other benefits | Year 4
Employee benefits obligations
Estimated future payments	23
Other benefits | Year 5
Employee benefits obligations
Estimated future payments	22
Other benefits | Year 5 through 10
Employee benefits obligations
Estimated future payments	$ 111

Payroll, staff and employee b_8

Payroll, staff and employee benefits obligations - Type of assets (Details) - Pension benefits	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Asset allocation
Equity securities	27%	26%	39%
Debt securities	47%	46%	35%
Monetary	2%	3%	1%
Annuity contracts	17%	17%	17%
Real estate	7%	8%	8%

Payroll, staff and employee b_9

Payroll, staff and employee benefits obligations - Actuarial assumptions (Details)	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Pension benefits
Assumptions used to determine benefits obligations
Discount rate (as a percent)	3.89%	4.39%	1.82%
Inflation rate (as a percent)	2.49%	2.91%	2.41%
Pension benefits | Euro zone
Assumptions used to determine benefits obligations
Discount rate (as a percent)	3.27%	3.70%	0.99%
Inflation rate (as a percent)	2.24%	2.49%	1.71%
Pension benefits | United States
Assumptions used to determine benefits obligations
Discount rate (as a percent)	4.50%	4.50%	3%
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)	4.50%	4.75%	2%
Inflation rate (as a percent)	3%	3.25%	3.25%
Other benefits
Assumptions used to determine benefits obligations
Discount rate (as a percent)	4.26%	4.45%	1.83%
Other benefits | Euro zone
Assumptions used to determine benefits obligations
Discount rate (as a percent)	3.30%	3.48%	1.05%
Other benefits | United States
Assumptions used to determine benefits obligations
Discount rate (as a percent)	4.50%	4.50%	3%

Payroll, staff and employee _10

Payroll, staff and employee benefits obligations - Sensitivity analysis (Details) $ in Millions	Dec. 31, 2023 USD ($)
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	$ (490)
Impact on benefit obligation from decrease in actuarial assumption	$ 538
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	$ 300
Impact on benefit obligation from decrease in actuarial assumption	$ (290)

Payroll, staff and employee _11

Payroll, staff and employee benefits obligations - Payroll and staff (Details) $ in Millions	12 Months Ended
	Dec. 31, 2023 USD ($) employee	Dec. 31, 2022 USD ($) employee	Dec. 31, 2021 USD ($) employee
Personnel expenses
Wages and salaries (including social charges) | $	$ 9,210	$ 9,002	$ 9,207
Group employees
Total	102,579	101,279	101,309
France
Group employees
Management	14,675	14,130	13,903
Other	20,831	20,829	21,232
International
Group employees
Management	19,470	18,183	17,346
Other	47,603	48,137	48,828

Income taxes - Current and defe

Income taxes - Current and deferred (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income taxes
Current income taxes	$ (12,745)	$ (19,825)	$ (8,158)
Deferred income taxes	(556)	(2,417)	(1,429)
TOTAL INCOME TAXES	$ (13,301)	$ (22,242)	$ (9,587)

Income taxes - Deferred tax bal

Income taxes - Deferred tax balances (Details) - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Deferred tax assets and liabilities
NET DEFERRED TAX LIABILITY	$ (8,270)	$ (5,972)	$ (5,504)	$ (3,310)
Net operating losses and tax carry forwards
Deferred tax assets and liabilities
Deferred tax asset	3,098	3,600	5,129
Employee benefits
Deferred tax assets and liabilities
Deferred tax asset	415	409	586
Other temporary non-deductible provisions or tax deductions
Deferred tax assets and liabilities
Deferred tax asset	7,569	8,813	8,235
Deferred tax liability	(3,909)	(4,102)	(4,221)
Differences in depreciations
Deferred tax assets and liabilities
Deferred tax liability	$ (15,443)	$ (14,692)	$ (15,233)

Income taxes - Deferred tax ass

Income taxes - Deferred tax assets not recognized (Details) $ in Millions	Dec. 31, 2023 USD ($)
Deferred tax assets and liabilities
Undistributed reserves of subsidiaries for which no deferred tax liability is recognized	$ 1,407
Unrecognised deferred tax assets	3,060
France
Deferred tax assets and liabilities
Unrecognised deferred tax assets	1,072
Australia
Deferred tax assets and liabilities
Unrecognised deferred tax assets	$ 222

Income taxes - Deferred tax b_2

Income taxes - Deferred tax balance sheet presentation (Details) - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Deferred taxes presented on the balance sheet
Deferred tax assets	$ 3,418	$ 5,049	$ 5,400
Deferred tax liabilities	(11,688)	(11,021)	(10,904)
NET DEFERRED TAX LIABILITY	$ (8,270)	$ (5,972)	$ (5,504)	$ (3,310)

Income taxes - Deferred tax var

Income taxes - Deferred tax variation (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Reconciliation of deferred tax variation
Opening balance	$ (5,972)	$ (5,504)	$ (3,310)
Deferred tax on income	(556)	(2,417)	(1,429)
Deferred tax on shareholders' equity	(741)	1,353	(546)
Changes in scope of consolidation and others	(1,102)	218	(315)
Currency translation adjustment	101	378	96
CLOSING BALANCE	$ (8,270)	$ (5,972)	$ (5,504)

Income taxes - Reconciliation (

Income taxes - Reconciliation (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Reconciliation between provision for income taxes and pre-tax income
Consolidated net income	$ 21,510	$ 21,044	$ 16,366
Income taxes	13,301	22,242	9,587
Pre-tax income	$ 34,811	$ 43,286	$ 25,953
French statutory tax rate (as a percent)	25.83%	25.83%	28.41%
Theoretical tax charge	$ (8,992)	$ (11,181)	$ (7,373)
Difference between French and foreign income tax rates	(5,925)	(9,625)	(3,754)
Tax effect on equity in income (loss) of affiliates	477	(489)	977
Permanent differences	800	(676)	738
Adjustments on prior years income taxes	54	64	109
Adjustments on deferred tax related to changes in tax rates	216	(610)	(119)
Variation of deferred tax assets not recognized	69	275	(165)
TOTAL INCOME TAXES	$ (13,301)	$ (22,242)	$ (9,587)
Standard corporate tax rate (as a percent)	25%	25%	25%

Income taxes - Carried forward

Income taxes - Carried forward tax credits (Details) - Net operating losses and tax carry forwards - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Deferred tax assets and liabilities
Deferred tax assets	$ 3,098	$ 3,600	$ 5,129
Kazakhstan
Deferred tax assets and liabilities
Deferred tax assets	836
France
Deferred tax assets and liabilities
Deferred tax assets	732
Australia
Deferred tax assets and liabilities
Deferred tax assets	667
United States
Deferred tax assets and liabilities
Deferred tax assets	660
Not later than one year
Deferred tax assets and liabilities
Deferred tax assets	2	4	27
Year 2
Deferred tax assets and liabilities
Deferred tax assets	2	2	1
Year 3
Deferred tax assets and liabilities
Deferred tax assets	8	4	5
Year 4
Deferred tax assets and liabilities
Deferred tax assets	3	8	25
Year 5 and after
Deferred tax assets and liabilities
Deferred tax assets	1,201	1,220	1,652
Year 5 and after | Kazakhstan
Deferred tax assets and liabilities
Deferred tax assets	2
Year 5 and after | United States
Deferred tax assets and liabilities
Deferred tax assets	322
Unlimited
Deferred tax assets and liabilities
Deferred tax assets	1,882	$ 2,362	$ 3,419
Unlimited | Kazakhstan
Deferred tax assets and liabilities
Deferred tax assets	834
Unlimited | France
Deferred tax assets and liabilities
Deferred tax assets	732
Unlimited | Australia
Deferred tax assets and liabilities
Deferred tax assets	667
Unlimited | United States
Deferred tax assets and liabilities
Deferred tax assets	$ 338

Provisions and other non-curr_3

Provisions and other non-current liabilities - Components (Details) - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Provisions and other non-current liabilities
Other non-current liabilities	$ 4,858	$ 3,379	$ 1,430
TOTAL	21,257	21,402	20,269	$ 20,925
Litigations and accrued penalty claims
Provisions and other non-current liabilities
Provisions	476	529	285
Litigations and accrued penalty claims | Exploration & Production
Provisions and other non-current liabilities
Provisions	276	257	192
Litigations and accrued penalty claims | Refining & Chemicals
Provisions and other non-current liabilities
Provisions	91	159
Provisions for environmental contingencies
Provisions and other non-current liabilities
Provisions	750	751	812
Asset retirement obligations
Provisions and other non-current liabilities
Provisions	11,585	13,110	14,976	$ 15,368
Other non-current provisions
Provisions and other non-current liabilities
Provisions	3,588	3,633	2,766
Restructuring activities
Provisions and other non-current liabilities
Provisions	228	282	506
Financial risks related to non-consolidated and equity accounted for affiliates
Provisions and other non-current liabilities
Provisions	$ 1,708	$ 1,582	265
Contingency reserve on solar panels warranties (Sunpower)
Provisions and other non-current liabilities
Provisions			$ 83

Provisions and other non-curr_4

Provisions and other non-current liabilities - Changes (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Changes in provisions and other non-current liabilities
Balance as of the beginning of the period	$ 21,402	$ 20,269	$ 20,925
Allowances	1,269	2,724	1,446
Reversals	(1,315)	(1,397)	(1,560)
Currency translation adjustment	212	(834)	(404)
Other	(311)	640	(138)
Balance as of the end of the period	21,257	21,402	20,269
Provision for financial risk
Changes in provisions and other non-current liabilities
Allowances	18	1,363
Reversals	(29)	(15)
Asset retirement obligations
Changes in provisions and other non-current liabilities
Allowances	524	430	449
Reversals	(339)	(418)	(527)
Provisions for environmental contingencies
Changes in provisions and other non-current liabilities
Allowances	117	97	43
Reversals	(158)	(133)	(178)
Restructuring activities
Changes in provisions and other non-current liabilities
Allowances	69	31	415
Reversals	$ (138)	$ (230)	$ (178)

Provisions and other non-curr_5

Provisions and other non-current liabilities - Asset retirement obligation (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Asset Retirement Obligation
Discount rate for valuation of asset retirement obligation (as a percent)	5%	4%	3%
Inflation rate for valuation of asset retirement obligation (as a percent)	2%	2%	1.50%
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	$ 846
Impact on following year's net income for decrease in discount rate	(80)
Changes in the asset retirement obligation
Balance as of the beginning of the period	13,110	$ 14,976	$ 15,368
Accretion	524	430	449
Revision in estimates	(1,499)	(1,172)	(109)
New obligations	108	198	228
Spending on existing obligations	(339)	(418)	(527)
Currency translation adjustment	101	(663)	(194)
Other	(420)	(241)	(239)
Balance as of the end of the period	$ 11,585	$ 13,110	$ 14,976

Provisions and other non-curr_6

Provisions and other non-current liabilities - Other risks and contingent liabilities (Details)					1 Months Ended	12 Months Ended	252 Months Ended
	Jul. 04, 2023 individual shareholder company	Sep. 15, 2022	Feb. 24, 2022	Apr. 28, 2016 employee	Oct. 31, 2022 item	Dec. 31, 2023 item	Dec. 31, 2040
FERC
Disclosure of contingent liabilities
Number of former employees issued order to show cause | employee				2
Disputing relating to climate | United States
Disclosure of contingent liabilities
Number of litigations in which Corporation and subsidiaries were summoned						3
Dispute relating to completion of Vigilance Plan | France
Disclosure of contingent liabilities
Percentage of reduction in net direct and indirect CO2 emissions, per injunction sought after by certain associations and local communities before Court of Justice							40%
Dispute relating to annulment of resolution no.3 passed by Annual Shareholders' Meeting on May 26, 2023 | France
Disclosure of contingent liabilities
Number of shareholders seeking annulment of resolution no.3 passed by Annual Shareholders' Meeting on May 26, 2023 | shareholder	9
Number of shareholder companies seeking annulment of resolution no.3 passed by Annual Shareholders' Meeting on May 26, 2023 | company	2
Number of shareholder individuals seeking annulment of resolution no.3 passed by Annual Shareholders' Meeting on May 26, 2023 | individual	7
Complaint accusing of complicity in war crimes in Russian invasion of Ukraine | Terneftegaz JSC
Disclosure of contingent liabilities
% owned			49%
Percentage of interest sold		49%
Complaint accusing of complicity in war crimes in Russian invasion of Ukraine | Terneftegaz JSC | Novatek
Disclosure of contingent liabilities
% owned			51%
Complaint accusing of complicity in war crimes in Russian invasion of Ukraine | France
Disclosure of contingent liabilities
Number of associations who filed simple complaint					2

Off balance sheet commitments_3

Off balance sheet commitments and lease contracts - Off balance sheet commitments and contingencies (Details) - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Off balance sheet commitments and lease contracts
Non-current debt obligations net of hedging instruments	$ 31,493	$ 35,684	$ 40,311
Current portion of non-current debt obligations net of hedging instruments	5,669	5,328	5,073
Lease obligations	9,477	9,714	9,034
Asset retirement obligations	11,585	13,110	14,976
Contractual obligations recorded in the balance sheet	58,224	63,836	69,394
Lease obligations for low value assets, short term contracts or not yet commenced	2,221	1,830	1,679
Purchase obligations	178,772	139,050	136,032
Contractual obligations not recorded in the balance sheet	180,993	140,880	137,711
TOTAL OF CONTRACTUAL OBLIGATIONS	239,217	204,716	207,105
OTHER COMMITMENTS GIVEN	68,684	71,819	70,675
Assets received as collateral (security interests)	42	45	62
Sales obligations	97,436	94,977	92,555
Other commitments received	25,365	25,650	22,326
TOTAL OF COMMITMENTS RECEIVED	122,843	120,672	114,943
Commitments given relating to joint ventures	32,846	32,054	33,373
Commitments given relating to associates	97,130	52,270	34,491
Non-current lease obligations	7,756	8,277	7,644
Current portion of lease obligations	1,721	1,437	1,390
Not later than one year
Off balance sheet commitments and lease contracts
Current portion of non-current debt obligations net of hedging instruments	5,669	5,328	5,073
Lease obligations	1,721	1,437	1,390
Asset retirement obligations	453	521	610
Contractual obligations recorded in the balance sheet	7,843	7,286	7,073
Lease obligations for low value assets, short term contracts or not yet commenced	643	783	689
Purchase obligations	14,536	11,286	13,333
Contractual obligations not recorded in the balance sheet	15,179	12,069	14,022
TOTAL OF CONTRACTUAL OBLIGATIONS	23,022	19,355	21,095
OTHER COMMITMENTS GIVEN	21,190	15,619	11,969
Assets received as collateral (security interests)	22	14	37
Sales obligations	8,470	6,267	7,565
Other commitments received	18,025	19,261	17,285
TOTAL OF COMMITMENTS RECEIVED	26,517	25,542	24,887
Commitments given relating to joint ventures	906	2,006	253
Commitments given relating to associates	850	839	727
Between 1 and 5 years
Off balance sheet commitments and lease contracts
Non-current debt obligations net of hedging instruments	13,068	14,229	16,811
Lease obligations	3,652	3,872	3,321
Asset retirement obligations	1,452	1,497	1,751
Contractual obligations recorded in the balance sheet	18,172	19,598	21,883
Lease obligations for low value assets, short term contracts or not yet commenced	1,049	610	543
Purchase obligations	40,850	40,516	36,174
Contractual obligations not recorded in the balance sheet	41,899	41,126	36,717
TOTAL OF CONTRACTUAL OBLIGATIONS	60,071	60,724	58,600
OTHER COMMITMENTS GIVEN	14,852	9,215	9,877
Assets received as collateral (security interests)	8	10	16
Sales obligations	47,178	36,341	33,271
Other commitments received	3,355	2,817	1,755
TOTAL OF COMMITMENTS RECEIVED	50,541	39,168	35,042
Commitments given relating to joint ventures	10,643	5,666	7,353
Commitments given relating to associates	14,676	11,638	9,110
More than 5 years
Off balance sheet commitments and lease contracts
Non-current debt obligations net of hedging instruments	18,425	21,455	23,500
Lease obligations	4,104	4,405	4,323
Asset retirement obligations	9,680	11,092	12,615
Contractual obligations recorded in the balance sheet	32,209	36,952	40,438
Lease obligations for low value assets, short term contracts or not yet commenced	529	437	447
Purchase obligations	123,386	87,248	86,525
Contractual obligations not recorded in the balance sheet	123,915	87,685	86,972
TOTAL OF CONTRACTUAL OBLIGATIONS	156,124	124,637	127,410
OTHER COMMITMENTS GIVEN	32,642	46,985	48,829
Assets received as collateral (security interests)	12	21	9
Sales obligations	41,788	52,369	51,719
Other commitments received	3,985	3,572	3,286
TOTAL OF COMMITMENTS RECEIVED	45,785	55,962	55,014
Commitments given relating to joint ventures	21,297	24,382	25,767
Commitments given relating to associates	81,604	39,793	24,654
Guarantees given to customs authorities
Off balance sheet commitments and lease contracts
OTHER COMMITMENTS GIVEN	2,001	2,003	2,236
Guarantees given to customs authorities | Not later than one year
Off balance sheet commitments and lease contracts
OTHER COMMITMENTS GIVEN	1,913	1,904	2,122
Guarantees given to customs authorities | Between 1 and 5 years
Off balance sheet commitments and lease contracts
OTHER COMMITMENTS GIVEN	47	53	50
Guarantees given to customs authorities | More than 5 years
Off balance sheet commitments and lease contracts
OTHER COMMITMENTS GIVEN	41	46	64
Guarantees given on borrowings
Off balance sheet commitments and lease contracts
OTHER COMMITMENTS GIVEN	19,219	20,218	20,428
Guarantees given on borrowings | Arctic LNG 2 LLC
Off balance sheet commitments and lease contracts
OTHER COMMITMENTS GIVEN	1,050	1,013
Guarantees given on borrowings | Rio Grande LNG Project
Off balance sheet commitments and lease contracts
OTHER COMMITMENTS GIVEN	800
Guarantees given on borrowings | Ichthys LNG PTY Limited
Off balance sheet commitments and lease contracts
OTHER COMMITMENTS GIVEN	4,136	4,659
Guarantees given on borrowings | Yamal LNG
Off balance sheet commitments and lease contracts
OTHER COMMITMENTS GIVEN	3,270	3,483
Guarantees given on borrowings | Bayport Polymers LLC
Off balance sheet commitments and lease contracts
OTHER COMMITMENTS GIVEN	1,400	1,820
Guarantees given on borrowings | Seagreen project
Off balance sheet commitments and lease contracts
OTHER COMMITMENTS GIVEN	1,273	1,204
Guarantees given on borrowings | TotalEnergies Refining & Chemicals Saudi Arabia S.A.S.
Off balance sheet commitments and lease contracts
OTHER COMMITMENTS GIVEN	1,025	1,025
Guarantees given on borrowings | Mozambique LNG project
Off balance sheet commitments and lease contracts
OTHER COMMITMENTS GIVEN	4,600	4,600
Guarantees given on borrowings | Not later than one year
Off balance sheet commitments and lease contracts
OTHER COMMITMENTS GIVEN	582	2,519	595
Guarantees given on borrowings | Between 1 and 5 years
Off balance sheet commitments and lease contracts
OTHER COMMITMENTS GIVEN	9,506	5,814	3,734
Guarantees given on borrowings | More than 5 years
Off balance sheet commitments and lease contracts
OTHER COMMITMENTS GIVEN	9,131	11,885	16,099
Guarantees related to sales of businesses
Off balance sheet commitments and lease contracts
OTHER COMMITMENTS GIVEN	312	310	316
Guarantees related to sales of businesses | Not later than one year
Off balance sheet commitments and lease contracts
OTHER COMMITMENTS GIVEN	160	157	163
Guarantees related to sales of businesses | More than 5 years
Off balance sheet commitments and lease contracts
OTHER COMMITMENTS GIVEN	152	153	153
Guarantees of current liabilities
Off balance sheet commitments and lease contracts
OTHER COMMITMENTS GIVEN	67	62	70
Guarantees of current liabilities | Not later than one year
Off balance sheet commitments and lease contracts
OTHER COMMITMENTS GIVEN	67	61	69
Guarantees of current liabilities | Between 1 and 5 years
Off balance sheet commitments and lease contracts
OTHER COMMITMENTS GIVEN		1	1
Guarantees to customers / suppliers
Off balance sheet commitments and lease contracts
OTHER COMMITMENTS GIVEN	23,382	23,757	23,494
Guarantees to customers / suppliers | Not later than one year
Off balance sheet commitments and lease contracts
OTHER COMMITMENTS GIVEN	6,768	3,539	3,093
Guarantees to customers / suppliers | Between 1 and 5 years
Off balance sheet commitments and lease contracts
OTHER COMMITMENTS GIVEN	3,946	2,275	4,376
Guarantees to customers / suppliers | More than 5 years
Off balance sheet commitments and lease contracts
OTHER COMMITMENTS GIVEN	12,668	17,943	16,025
Letters of credit
Off balance sheet commitments and lease contracts
OTHER COMMITMENTS GIVEN	3,294	2,430	2,993
Letters of credit | Not later than one year
Off balance sheet commitments and lease contracts
OTHER COMMITMENTS GIVEN	3,002	2,241	2,869
Letters of credit | Between 1 and 5 years
Off balance sheet commitments and lease contracts
OTHER COMMITMENTS GIVEN	270	172	122
Letters of credit | More than 5 years
Off balance sheet commitments and lease contracts
OTHER COMMITMENTS GIVEN	22	17	2
Other operating commitments
Off balance sheet commitments and lease contracts
OTHER COMMITMENTS GIVEN	20,409	23,039	21,138
Other operating commitments | Not later than one year
Off balance sheet commitments and lease contracts
OTHER COMMITMENTS GIVEN	8,698	5,198	3,058
Other operating commitments | Between 1 and 5 years
Off balance sheet commitments and lease contracts
OTHER COMMITMENTS GIVEN	1,083	900	1,594
Other operating commitments | More than 5 years
Off balance sheet commitments and lease contracts
OTHER COMMITMENTS GIVEN	$ 10,628	$ 16,941	$ 16,486

Off balance sheet commitments_4

Off balance sheet commitments and lease contracts - Leases (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Lease contracts
Minimum lease payments for exempted lease contracts	$ 2,221	$ 1,830	$ 1,679
Minimum lease payments for leases recorded in balance sheet	13,801	13,276	12,516
Less financial expenses	(4,324)	(3,562)	(3,482)
Total lease liabilities	9,477	9,714	9,034
Less current portion of lease contracts	(1,721)	(1,437)	(1,390)
NON-CURRENT LEASE LIABILITIES	7,756	8,277	7,644
Rental expense
Rental expense incurred under short term leases or low value assets leases	1,007	701	487
Rental expense incurred under variable lease payments	183	151	242
Not later than one year
Lease contracts
Minimum lease payments for exempted lease contracts	643	783	689
Minimum lease payments for leases recorded in balance sheet	2,473	2,189	1,835
Total lease liabilities	1,721	1,437	1,390
Year 2
Lease contracts
Minimum lease payments for exempted lease contracts	406	190	194
Minimum lease payments for leases recorded in balance sheet	1,607	1,646	1,347
Year 3
Lease contracts
Minimum lease payments for exempted lease contracts	249	154	136
Minimum lease payments for leases recorded in balance sheet	1,384	1,255	1,199
Year 4
Lease contracts
Minimum lease payments for exempted lease contracts	231	137	111
Minimum lease payments for leases recorded in balance sheet	1,142	1,140	1,097
Year 5
Lease contracts
Minimum lease payments for exempted lease contracts	163	129	102
Minimum lease payments for leases recorded in balance sheet	1,007	993	1,021
More than 5 years
Lease contracts
Minimum lease payments for exempted lease contracts	529	437	447
Minimum lease payments for leases recorded in balance sheet	6,188	6,053	6,017
Total lease liabilities	$ 4,104	$ 4,405	$ 4,323

Financial assets and liabilit_3

Financial assets and liabilities analysis per instrument class and strategy (Details) - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Financial assets and liabilities analysis per instrument class and strategy
Total financial assets	$ 84,725	$ 104,041	$ 96,173
Total non-financial assets	198,929	199,823	197,285
TOTAL ASSETS	283,654	303,864	293,458
Fair value, financial assets	84,725	104,041	96,173
Total financial liabilities	(111,786)	(137,786)	(129,050)
Total non-financial liabilities	(171,868)	(166,078)	(164,408)
TOTAL LIABILITIES	(283,654)	(303,864)	(293,458)
Fair value, financial liabilities	(112,648)	(136,009)	(132,686)
Non-current financial debt
Financial assets and liabilities analysis per instrument class and strategy
Total financial liabilities	(40,478)	(45,264)	(49,512)
Fair value, financial liabilities	(41,329)	(43,471)	(53,144)
Accounts payable
Financial assets and liabilities analysis per instrument class and strategy
Total financial liabilities	(41,335)	(41,346)	(36,837)
Fair value, financial liabilities	(41,335)	(41,346)	(36,837)
Impact of offsetting on accounts payable	5,897	10,156	4,584
Other operating liabilities
Financial assets and liabilities analysis per instrument class and strategy
Total financial liabilities	(19,937)	(35,186)	(27,294)
Fair value, financial liabilities	(19,937)	(35,186)	(27,294)
Current borrowings
Financial assets and liabilities analysis per instrument class and strategy
Total financial liabilities	(9,590)	(15,502)	(15,035)
Fair value, financial liabilities	(9,601)	(15,518)	(15,039)
Other current financial liabilities
Financial assets and liabilities analysis per instrument class and strategy
Total financial liabilities	(446)	(488)	(372)
Fair value, financial liabilities	(446)	(488)	(372)
Loans to equity affiliates
Financial assets and liabilities analysis per instrument class and strategy
Total financial assets	4,562	3,733	4,532
Fair value, financial assets	4,562	3,733	4,532
Other investments
Financial assets and liabilities analysis per instrument class and strategy
Total financial assets	1,543	1,051	1,625
Fair value, financial assets	1,543	1,051	1,625
Non-current financial assets
Financial assets and liabilities analysis per instrument class and strategy
Total financial assets	2,395	2,731	2,404
Fair value, financial assets	2,395	2,731	2,404
Other non-current assets
Financial assets and liabilities analysis per instrument class and strategy
Total financial assets	3,983	2,087	2,419
Fair value, financial assets	3,983	2,087	2,419
Accounts receivable
Financial assets and liabilities analysis per instrument class and strategy
Total financial assets	23,442	24,378	21,983
Fair value, financial assets	23,442	24,378	21,983
Impact of offsetting on accounts receivable	(5,897)	(10,156)	(4,584)
Other operating receivables
Financial assets and liabilities analysis per instrument class and strategy
Total financial assets	14,952	28,289	29,553
Fair value, financial assets	14,952	28,289	29,553
Current financial assets
Financial assets and liabilities analysis per instrument class and strategy
Total financial assets	6,585	8,746	12,315
Fair value, financial assets	6,585	8,746	12,315
Cash and cash equivalents
Financial assets and liabilities analysis per instrument class and strategy
Total financial assets	27,263	33,026	21,342
Fair value, financial assets	27,263	33,026	21,342
Amortised cost
Financial assets and liabilities analysis per instrument class and strategy
Total financial liabilities	(101,252)	(114,495)	(110,973)
Amortised cost | Non-current financial debt
Financial assets and liabilities analysis per instrument class and strategy
Total financial liabilities	(38,040)	(41,235)	(47,973)
Amortised cost | Accounts payable
Financial assets and liabilities analysis per instrument class and strategy
Total financial liabilities	(41,335)	(41,346)	(36,837)
Amortised cost | Other operating liabilities
Financial assets and liabilities analysis per instrument class and strategy
Total financial liabilities	(12,287)	(16,412)	(11,128)
Amortised cost | Current borrowings
Financial assets and liabilities analysis per instrument class and strategy
Total financial liabilities	(9,590)	(15,502)	(15,035)
Fair value through P&L - liabilities
Financial assets and liabilities analysis per instrument class and strategy
Total financial liabilities	(7,991)	(18,503)	(15,363)
Fair value through P&L - liabilities | Non-current financial debt
Financial assets and liabilities analysis per instrument class and strategy
Total financial liabilities	(240)	(283)	(41)
Fair value through P&L - liabilities | Other operating liabilities
Financial assets and liabilities analysis per instrument class and strategy
Total financial liabilities	(7,573)	(17,994)	(15,266)
Fair value through P&L - liabilities | Other current financial liabilities
Financial assets and liabilities analysis per instrument class and strategy
Total financial liabilities	(178)	(226)	(56)
Other comprehensive income - liabilities
Financial assets and liabilities analysis per instrument class and strategy
Total financial liabilities	(77)	(780)	(900)
Other comprehensive income - liabilities | Other operating liabilities
Financial assets and liabilities analysis per instrument class and strategy
Total financial liabilities	(77)	(780)	(900)
Fair value of bonds hedging instruments
Financial assets and liabilities analysis per instrument class and strategy
Total financial liabilities	(2,466)	(4,008)	(1,814)
Fair value of bonds hedging instruments | Non-current financial debt
Financial assets and liabilities analysis per instrument class and strategy
Total financial liabilities	(2,198)	(3,746)	(1,498)
Fair value of bonds hedging instruments | Other current financial liabilities
Financial assets and liabilities analysis per instrument class and strategy
Total financial liabilities	(268)	(262)	(316)
Amortized cost
Financial assets and liabilities analysis per instrument class and strategy
Total financial assets	73,100	80,257	70,265
Amortized cost | Loans to equity affiliates
Financial assets and liabilities analysis per instrument class and strategy
Total financial assets	4,260	3,733	4,532
Amortized cost | Non-current financial assets
Financial assets and liabilities analysis per instrument class and strategy
Total financial assets	1,166	1,428	847
Amortized cost | Other non-current assets
Financial assets and liabilities analysis per instrument class and strategy
Total financial assets	3,983	2,087	2,419
Amortized cost | Accounts receivable
Financial assets and liabilities analysis per instrument class and strategy
Total financial assets	23,442	24,378	21,983
Amortized cost | Other operating receivables
Financial assets and liabilities analysis per instrument class and strategy
Total financial assets	7,940	8,069	7,141
Amortized cost | Current financial assets
Financial assets and liabilities analysis per instrument class and strategy
Total financial assets	5,046	7,536	12,001
Amortized cost | Cash and cash equivalents
Financial assets and liabilities analysis per instrument class and strategy
Total financial assets	27,263	33,026	21,342
Fair value through P&L - assets
Financial assets and liabilities analysis per instrument class and strategy
Total financial assets	10,127	22,022	23,161
Fair value through P&L - assets | Loans to equity affiliates
Financial assets and liabilities analysis per instrument class and strategy
Total financial assets	302
Fair value through P&L - assets | Other investments
Financial assets and liabilities analysis per instrument class and strategy
Total financial assets	1,188	932	1,052
Fair value through P&L - assets | Non-current financial assets
Financial assets and liabilities analysis per instrument class and strategy
Total financial assets	414	490	770
Fair value through P&L - assets | Other operating receivables
Financial assets and liabilities analysis per instrument class and strategy
Total financial assets	6,775	19,529	21,067
Fair value through P&L - assets | Current financial assets
Financial assets and liabilities analysis per instrument class and strategy
Total financial assets	1,448	1,071	272
Other comprehensive income
Financial assets and liabilities analysis per instrument class and strategy
Total financial assets	734	947	1,918
Other comprehensive income | Other investments
Financial assets and liabilities analysis per instrument class and strategy
Total financial assets	355	119	573
Other comprehensive income | Non-current financial assets
Financial assets and liabilities analysis per instrument class and strategy
Total financial assets	142
Other comprehensive income | Other operating receivables
Financial assets and liabilities analysis per instrument class and strategy
Total financial assets	237	691	1,345
Other comprehensive income | Current financial assets
Financial assets and liabilities analysis per instrument class and strategy
Total financial assets		137
Fair value of bonds hedging instruments
Financial assets and liabilities analysis per instrument class and strategy
Total financial assets	764	815	829
Fair value of bonds hedging instruments | Non-current financial assets
Financial assets and liabilities analysis per instrument class and strategy
Total financial assets	673	813	787
Fair value of bonds hedging instruments | Current financial assets
Financial assets and liabilities analysis per instrument class and strategy
Total financial assets	$ 91	$ 2	$ 42

Financial structure and finan_3

Financial structure and financial costs - Non-current financial debt and derivative financial instruments (Details) - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Financial structure, financial costs and financial instruments
Non-current financial debt	$ 40,478	$ 45,264	$ 49,512
Non-current financial assets	(2,395)	(2,731)	(2,404)
NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS	38,083	42,533	47,108
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	7,051	8,958	12,820
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	22,839	26,159	27,147
Other floating rate debt
Financial structure, financial costs and financial instruments
NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS	838	240	649
Other fixed rate debt
Financial structure, financial costs and financial instruments
NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS	1,081	535	424
Lease obligations
Financial structure, financial costs and financial instruments
NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS	7,756	8,277	7,644
Non-current financial assets excluding derivative financial instruments
Financial structure, financial costs and financial instruments
NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS	(1,308)	(1,428)	(1,522)
Other financial instruments/held for trading
Financial structure, financial costs and financial instruments
NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS	(174)	(208)	(54)
Hedging instruments of non-current financial debt
Financial structure, financial costs and financial instruments
Non-current financial debt	2,198	3,746	1,498
Non-current financial assets	(673)	(813)	(787)
Secured
Financial structure, financial costs and financial instruments
Non-current financial debt	8,427	8,329	7,720
Non-current financial assets	(1,166)	(1,428)	(847)
NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS	7,261	6,901	6,873
Secured | Other floating rate debt
Financial structure, financial costs and financial instruments
NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS	430	13	15
Secured | Other fixed rate debt
Financial structure, financial costs and financial instruments
NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS	241	39	61
Secured | Lease obligations
Financial structure, financial costs and financial instruments
NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS	7,756	8,277	7,644
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	(1,166)	(1,428)	(847)
Unsecured
Financial structure, financial costs and financial instruments
Non-current financial debt	32,051	36,935	41,792
Non-current financial assets	(1,229)	(1,303)	(1,557)
NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS	30,822	35,632	40,235
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	7,051	8,958	12,820
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	22,839	26,159	27,147
Unsecured | Other floating rate debt
Financial structure, financial costs and financial instruments
NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS	408	227	634
Unsecured | Other fixed rate debt
Financial structure, financial costs and financial instruments
NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS	840	496	363
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	(142)		(675)
Unsecured | Other financial instruments/held for trading
Financial structure, financial costs and financial instruments
NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS	(174)	(208)	(54)
Unsecured | Hedging instruments of non-current financial debt
Financial structure, financial costs and financial instruments
Non-current financial debt	2,198	3,746	1,498
Non-current financial assets	$ (673)	$ (813)	$ (787)

Financial structure and finan_4

Financial structure and financial costs - Fair value of bonds (Details) - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Non-current financial debt
Current portion (less than one year)	$ (3,451)	$ (7,244)	$ (3,092)
Non-current financial debt and related financial instruments	38,083	42,533	47,108
USLIBOR
Non-current financial debt
Fair value after hedging	8,290
VARIABLE RATE BONDS OR BONDS AFTER FAIR VALUE HEDGE
Non-current financial debt
Non-current financial debt and related financial instruments	7,051	8,958	12,820
FIXED RATE BONDS OR BONDS AFTER CASH FLOW HEDGE
Non-current financial debt
Non-current financial debt and related financial instruments	22,839	26,159	27,147
Principal financing entities | VARIABLE RATE BONDS OR BONDS AFTER FAIR VALUE HEDGE
Non-current financial debt
Current portion (less than one year)	(2,118)	(3,890)	(2,540)
Non-current financial debt and related financial instruments	6,172	8,258	12,122
Principal financing entities | Variable rate bonds or bonds after fair value hedge, USD
Non-current financial debt
Fair value after hedging	$ 3,542	5,042	5,001
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, CHF
Non-current financial debt
Fair value after hedging	$ 409	407	409
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, AUD
Non-current financial debt
Fair value after hedging	$ 71	71	71
Initial current rate before hedging instruments (as a percent)	4%
Principal financing entities | Variable rate bonds or bonds after fair value hedge, Euro
Non-current financial debt
Fair value after hedging	$ 3,209	5,574	7,528
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)	0.625%
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%
Principal financing entities | Variable rate bonds or bonds after fair value hedge, GBP
Non-current financial debt
Fair value after hedging	$ 929	925	1,524
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)	1.75%
Principal financing entities | Variable rate bonds or bonds after fair value hedge, HKD
Non-current financial debt
Fair value after hedging	$ 130	129	129
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)	$ (3,175)	(500)	(1,000)
Non-current financial debt and related financial instruments	22,828	26,157	26,750
Principal financing entities | Bond after cash flow hedge or fixed rate bond, EUR
Non-current financial debt
Fair value after hedging	$ 15,448	15,628	15,487
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	$ 8,301	8,783	9,941
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	$ 187	187	200
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	$ 1,088	1,076	1,113
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	$ 980	985	1,004
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	$ (1)	(2)	5
Initial current rate before hedging instruments (as a percent)	4%
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
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	$ 879	700	698
Other consolidated subsidiaries | FIXED RATE BONDS OR BONDS AFTER CASH FLOW HEDGE
Non-current financial debt
Non-current financial debt and related financial instruments	$ 11	$ 2	$ 397

Financial structure and finan_5

Financial structure and financial costs - Loan repayment schedule (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Loan repayment schedule (excluding current portion)
Non-current financial debt	$ 40,478	$ 45,264	$ 49,512
Non-current financial assets	(2,395)	(2,731)	(2,404)
NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS	$ 38,083	$ 42,533	$ 47,108
Repayment (as a percent)	100%	100%	100%
Year 2
Loan repayment schedule (excluding current portion)
Non-current financial debt	$ 5,381	$ 7,251	$ 6,143
Non-current financial assets	(434)	(899)	(111)
NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS	$ 4,947	$ 6,352	$ 6,032
Repayment (as a percent)	13%	15%	13%
Year 3
Loan repayment schedule (excluding current portion)
Non-current financial debt	$ 4,013	$ 4,701	$ 6,506
Non-current financial assets	(304)	(259)	(219)
NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS	$ 3,709	$ 4,442	$ 6,287
Repayment (as a percent)	10%	10%	13%
Year 4
Loan repayment schedule (excluding current portion)
Non-current financial debt	$ 3,720	$ 3,465	$ 4,471
Non-current financial assets	(349)	(194)	(89)
NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS	$ 3,371	$ 3,271	$ 4,382
Repayment (as a percent)	9%	8%	9%
Year 5
Loan repayment schedule (excluding current portion)
Non-current financial debt	$ 4,502	$ 3,522	$ 3,348
Non-current financial assets	(246)	(104)	(71)
NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS	$ 4,256	$ 3,418	$ 3,277
Repayment (as a percent)	11%	8%	7%
More than 5 years
Loan repayment schedule (excluding current portion)
Non-current financial debt	$ 22,862	$ 26,325	$ 29,044
Non-current financial assets	(1,062)	(1,275)	(1,914)
NON-CURRENT NET FINANCIAL DEBT AND RELATED FINANCIAL INSTRUMENTS	$ 21,800	$ 25,050	$ 27,130
Repayment (as a percent)	57%	59%	58%
Hedging instruments of non-current financial debt
Loan repayment schedule (excluding current portion)
Non-current financial debt	$ 2,198	$ 3,746	$ 1,498
Non-current financial assets	(673)	(813)	(787)
Hedging instruments of non-current financial debt | Year 2
Loan repayment schedule (excluding current portion)
Non-current financial debt	369	399	115
Non-current financial assets	(110)	(56)	(51)
Hedging instruments of non-current financial debt | Year 3
Loan repayment schedule (excluding current portion)
Non-current financial debt	323	552	190
Non-current financial assets	(102)	(168)	(103)
Hedging instruments of non-current financial debt | Year 4
Loan repayment schedule (excluding current portion)
Non-current financial debt	85	467	194
Non-current financial assets	(55)	(107)	(51)
Hedging instruments of non-current financial debt | Year 5
Loan repayment schedule (excluding current portion)
Non-current financial debt	304	217	238
Non-current financial assets	(142)	(17)	(34)
Hedging instruments of non-current financial debt | More than 5 years
Loan repayment schedule (excluding current portion)
Non-current financial debt	1,117	2,111	761
Non-current financial assets	$ (264)	$ (465)	$ (548)

Financial structure and finan_6

Financial structure and financial costs - Analysis by currency and interest rate (Details) - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Financial structure, financial costs and financial instruments
Non-current financial debt and related financial instruments	$ 38,083	$ 42,533	$ 47,108
Percentage of net noncurrent debt	100%	100%	100%
U.S. Dollar
Financial structure, financial costs and financial instruments
Non-current financial debt and related financial instruments	$ 34,789	$ 38,896	$ 44,387
Percentage of net noncurrent debt	91%	91%	94%
Euro
Financial structure, financial costs and financial instruments
Non-current financial debt and related financial instruments	$ 2,322	$ 2,083	$ 1,708
Percentage of net noncurrent debt	6%	5%	4%
Norwegian krone
Financial structure, financial costs and financial instruments
Non-current financial debt and related financial instruments	$ 40	$ 47	$ 67
Percentage of net noncurrent debt	0%	0%	0%
Other currencies
Financial structure, financial costs and financial instruments
Non-current financial debt and related financial instruments	$ 932	$ 1,507	$ 946
Percentage of net noncurrent debt	3%	4%	2%
Fixed rate
Financial structure, financial costs and financial instruments
Non-current financial debt and related financial instruments	$ 30,311	$ 33,533	$ 34,353
Percentage of net noncurrent debt	80%	79%	73%
Floating rate
Financial structure, financial costs and financial instruments
Non-current financial debt and related financial instruments	$ 7,772	$ 9,000	$ 12,755
Percentage of net noncurrent debt	20%	21%	27%

Financial structure and finan_7

Financial structure and financial costs - Current financial assets and liabilities (Details) - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Financial structure, financial costs and financial instruments
Current financial debt	$ 2,377	$ 8,997	$ 8,846
Current lease obligations	1,721	1,437	1,390
Current portion of non-current financial debt	5,492	5,068	4,799
Current borrowings (note 14)	9,590	15,502	15,035
Other current financial liabilities (note 14)	446	488	372
Current financial assets (note 14)	(6,585)	(8,746)	(12,315)
NET CURRENT BORROWINGS	3,451	7,244	3,092
Current deposits beyond three months
Financial structure, financial costs and financial instruments
Current financial assets (note 14)	(5,450)	(8,127)	(11,868)
Marketable securities
Financial structure, financial costs and financial instruments
Current financial assets (note 14)	(519)	(218)	(195)
Financial receivables on sub-lease
Financial structure, financial costs and financial instruments
Current financial assets (note 14)	(329)	(190)	(132)
Current portion of hedging instruments of debt
Financial structure, financial costs and financial instruments
Other current financial liabilities (note 14)	268	262	316
Current financial assets (note 14)	(91)	(2)	(42)
Other financial instruments/held for trading
Financial structure, financial costs and financial instruments
Other current financial liabilities (note 14)	178	226	56
Current financial assets (note 14)	$ (196)	$ (209)	$ (78)

Financial structure and finan_8

Financial structure and financial costs - Variations of financial debt (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Disclosure of detailed information about financial instruments [line items]
Balance as of the beginning of the period	$ 58,084	$ 62,259	$ 72,843
Cash changes	(14,147)	(4,965)	(11,505)
Non-cash changes, Change in scope, including IFRS 5 reclassifications	1,098	(1,022)	(347)
Non-cash changes, Foreign currency	443	(282)	(416)
Non-cash changes, Changes in fair value	4	(314)	31
Non-cash changes, Other	2,331	2,408	1,653
Balance as of the end of the period	47,813	58,084	62,259
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	42,533	47,108	55,422
Cash changes	130	1,108	(649)
Non-cash changes, Change in scope, including IFRS 5 reclassifications	571	(672)	(57)
Non-cash changes, Foreign currency	44	(173)	(119)
Non-cash changes, Changes in fair value	10	(273)	55
Non-cash changes, Reclassification Non-current/Current	(7,186)	(6,783)	(9,066)
Non-cash changes, Other	1,981	2,218	1,522
Balance as of the end of the period	38,083	42,533	47,108
Non-current financial assets
Disclosure of detailed information about financial instruments [line items]
Balance as of the beginning of the period	(2,731)	(2,404)	(4,781)
Cash changes			(290)
Non-cash changes, Change in scope, including IFRS 5 reclassifications	(96)	24	1
Non-cash changes, Foreign currency	(21)	52	64
Non-cash changes, Changes in fair value	353	(448)	2,432
Non-cash changes, Reclassification Non-current/Current	387	198	188
Non-cash changes, Other	(287)	(153)	(18)
Balance as of the end of the period	(2,395)	(2,731)	(2,404)
Non-current financial debt
Disclosure of detailed information about financial instruments [line items]
Balance as of the beginning of the period	45,264	49,512	60,203
Cash changes	130	1,108	(359)
Non-cash changes, Change in scope, including IFRS 5 reclassifications	667	(696)	(58)
Non-cash changes, Foreign currency	65	(225)	(183)
Non-cash changes, Changes in fair value	(343)	175	(2,377)
Non-cash changes, Reclassification Non-current/Current	(7,573)	(6,981)	(9,254)
Non-cash changes, Other	2,268	2,371	1,540
Balance as of the end of the period	40,478	45,264	49,512
Current financial debt and related financial instruments
Disclosure of detailed information about financial instruments [line items]
Balance as of the beginning of the period	15,589	15,155	17,108
Cash changes	(14,277)	(6,073)	(10,856)
Non-cash changes, Change in scope, including IFRS 5 reclassifications	186	(316)	16
Non-cash changes, Foreign currency	392	(109)	(286)
Non-cash changes, Changes in fair value	(6)	(41)	(24)
Non-cash changes, Reclassification Non-current/Current	7,186	6,783	9,066
Non-cash changes, Other	350	190	131
Balance as of the end of the period	9,420	15,589	15,155
Current financial assets
Disclosure of detailed information about financial instruments [line items]
Balance as of the beginning of the period	(401)	(252)	(194)
Cash changes	383	264	191
Non-cash changes, Change in scope, including IFRS 5 reclassifications	(1)
Non-cash changes, Foreign currency	(8)	6	8
Non-cash changes, Changes in fair value	(68)	(97)	(45)
Non-cash changes, Reclassification Non-current/Current	(387)	(198)	(188)
Non-cash changes, Other	(134)	(124)	(24)
Balance as of the end of the period	(616)	(401)	(252)
Current borrowings
Disclosure of detailed information about financial instruments [line items]
Balance as of the beginning of the period	15,502	15,035	17,099
Cash changes	(14,660)	(6,337)	(11,047)
Non-cash changes, Change in scope, including IFRS 5 reclassifications	181	(316)	15
Non-cash changes, Foreign currency	389	(106)	(283)
Non-cash changes, Changes in fair value	121	(69)	(158)
Non-cash changes, Reclassification Non-current/Current	7,573	6,981	9,254
Non-cash changes, Other	484	314	155
Balance as of the end of the period	9,590	15,502	15,035
Other current financial liabilities
Disclosure of detailed information about financial instruments [line items]
Balance as of the beginning of the period	488	372	203
Non-cash changes, Change in scope, including IFRS 5 reclassifications	6		1
Non-cash changes, Foreign currency	11	(9)	(11)
Non-cash changes, Changes in fair value	(59)	125	179
Balance as of the end of the period	446	488	372
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	(38)	(4)	313
Non-cash changes, Change in scope, including IFRS 5 reclassifications	341	(34)	(306)
Non-cash changes, Foreign currency	7		(11)
Balance as of the end of the period	$ 310	$ (38)	$ (4)

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, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Changes in non-current financial debt
Issuance of non-current debt	$ 189	$ 1,148	$ 808
Repayment of non-current debt	(59)	(40)	(1,167)
NET AMOUNT	130	1,108	(359)
Cash and cash equivalents
Cash	16,956	14,873	13,544
Cash equivalents	10,307	18,153	7,798
TOTAL	27,263	$ 33,026	$ 21,342	$ 31,268
Restricted cash and cash equivalents	$ 1,807

Financial structure and fina_10

Financial structure and financial costs - Net-debt-to-equity ratio (Details) - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Net-debt-to-equity ratio
Current borrowings	$ 7,869	$ 14,065	$ 13,645
Other current financial liabilities	446	488	372
Current financial assets	(6,256)	(8,556)	(12,183)
Net financial assets and liabilities held for sale or exchange	17	(38)	(4)
Non-current financial debt	32,722	36,987	41,868
Non-current financial assets	(1,229)	(1,303)	(1,557)
Cash and cash equivalents	(27,263)	(33,026)	(21,342)	$ (31,268)
Net financial debt excluding leases	6,306	8,617	20,799
Shareholders' equity - TotalEnergies share	116,753	111,724	111,736
Distribution of the income based on existing shares at the closing date	2,700	2,846	3,263
Total shareholders' equity	$ 119,453	$ 114,570	$ 114,999	$ 106,085
NET-DEBT-TO-CAPITAL RATIO EXCLUDING LEASES	5%	7%	15.30%

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, 2023	Dec. 31, 2022	Dec. 31, 2021
Financial structure, financial costs and financial instruments
Cost of net debt	$ (1,019)	$ (1,243)	$ (1,525)
Financial instruments, excluding commodity contracts
Financial structure, financial costs and financial instruments
Loans and receivables	1,420	562	188
Financing liabilities and associated hedging instruments	(2,190)	(1,812)	(1,373)
Fair value hedge (ineffective portion)	2	(5)	(10)
Lease assets and obligations	(499)	(458)	(413)
Assets and liabilities held for trading	248	470	83
Cost of net debt	(1,019)	(1,243)	(1,525)
Impact of the hedging strategies
INEFFECTIVE PORTION OF HEDGE	2	(5)	(10)
Cash flow hedge
Profit (Loss) recorded in other comprehensive income of the period	128	72	(167)
Recycled amount from other comprehensive income to the income statement of the period	140	(55)	(113)
Financial instruments, excluding commodity contracts | Fair value hedge
Financial structure, financial costs and financial instruments
Fair value hedge (ineffective portion)	2	(5)	(10)
Impact of the hedging strategies
Revaluation impact at market value of bonds	(765)	3,817	3,199
Swap hedging of bonds	767	(3,822)	(3,209)
INEFFECTIVE PORTION OF HEDGE	2	(5)	(10)
Financial instruments, excluding commodity contracts | Cash flow hedge
Financial structure, financial costs and financial instruments
Fair value hedge (ineffective portion)	0	0	0
Impact of the hedging strategies
INEFFECTIVE PORTION OF HEDGE	$ 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, 2023	Dec. 31, 2022	Dec. 31, 2021
Bonds | Interest Rate Swap | Fair value hedge
Hedging instruments and hedged items by hedging strategy
Nominal amount of hedging instruments	3,500	5,000	6,767
Carrying amount of hedging instruments assets			$ 303
Carrying amount of hedging instruments liabilities	$ (86)	$ (151)	(36)
Carrying amount of hedged items liabilities	(3,457)	(4,892)	(7,037)
Cumulative FVH adjustments included in the carrying amount of the hedged items liabilities	$ 43	$ 108	$ (837)
Bonds | Interest Rate Swap | Cash flow hedge
Hedging instruments and hedged items by hedging strategy
Nominal amount of hedging instruments	12,023	12,782	12,782
Carrying amount of hedging instruments assets	$ 611	$ 815
Carrying amount of hedging instruments liabilities		$ (2)	$ (736)
Bonds | Cross Currency Swaps | Fair value hedge
Hedging instruments and hedged items by hedging strategy
Nominal amount of hedging instruments	4,671	7,029	9,566
Carrying amount of hedging instruments assets	$ 45		$ 154
Carrying amount of hedging instruments liabilities	(559)	$ (1,124)	(382)
Carrying amount of hedged items liabilities	(4,232)	(5,982)	(8,865)
Cumulative FVH adjustments included in the carrying amount of the hedged items liabilities	$ 439	$ 1,047	$ 701
Bonds | Cross Currency Swaps | Cash flow hedge
Hedging instruments and hedged items by hedging strategy
Nominal amount of hedging instruments	17,511	17,511	17,511
Carrying amount of hedging instruments assets	$ 108		$ 372
Carrying amount of hedging instruments liabilities	(1,821)	$ (2,731)	(660)
End of hedging (before 2018) | Fair value hedge
Hedging instruments and hedged items by hedging strategy
Cumulative FVH adjustments included in the carrying amount of the hedged items liabilities	$ 10	$ (8)	$ (27)

Financial structure and fina_13

Financial structure and financial costs - Maturity of derivative instruments (Details) - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Financial structure, financial costs and financial instruments
Fair value, financial assets	$ 84,725	$ 104,041	$ 96,173
Fair value, financial liabilities	(112,648)	(136,009)	(132,686)
Swaps hedging bonds | Not later than one year | Fair value hedge
Financial structure, financial costs and financial instruments
Fair value, financial assets			42
Fair value, financial liabilities	(75)	(260)	(316)
Total fair value	(75)	(260)	(274)
Notional value, Assets	250	1,000	566
Notional value, Liabilities	1,837	2,858	3,737
Total notional value	2,087	3,858	4,303
Swaps hedging bonds | Not later than one year | Cash flow hedge
Financial structure, financial costs and financial instruments
Fair value, financial assets	91	2
Fair value, financial liabilities	(193)	(2)
Total fair value	(102)
Notional value, Assets	2,114	250
Notional value, Liabilities	1,574	750
Total notional value	3,688	1,000
Swaps hedging bonds | Due after 12 months | Fair value hedge
Financial structure, financial costs and financial instruments
Fair value, financial assets	45		415
Fair value, financial liabilities	(570)	(1,015)	(102)
Total fair value	(525)	(1,015)	313
Notional value, Assets	403		9,659
Notional value, Liabilities	5,681	8,171	2,371
Total notional value	6,084	8,171	12,030
Swaps hedging bonds | Due after 12 months | Cash flow hedge
Financial structure, financial costs and financial instruments
Fair value, financial assets	628	813	372
Fair value, financial liabilities	(1,628)	(2,731)	(1,396)
Total fair value	(1,000)	(1,918)	(1,024)
Notional value, Assets	14,830	11,782	7,149
Notional value, Liabilities	11,016	17,511	23,144
Total notional value	25,846	29,293	30,293
Swaps hedging bonds | Year 2 | Fair value hedge
Financial structure, financial costs and financial instruments
Total notional value	1,630	2,087	3,858
Swaps hedging bonds | Year 2 | Cash flow hedge
Financial structure, financial costs and financial instruments
Total notional value	4,509	3,659	1,000
Swaps hedging bonds | Year 3 | Fair value hedge
Financial structure, financial costs and financial instruments
Total notional value	202	1,630	2,087
Swaps hedging bonds | Year 3 | Cash flow hedge
Financial structure, financial costs and financial instruments
Total notional value	4,153	4,459	3,659
Swaps hedging bonds | Year 4 | Fair value hedge
Financial structure, financial costs and financial instruments
Total notional value	820	202	1,630
Swaps hedging bonds | Year 4 | Cash flow hedge
Financial structure, financial costs and financial instruments
Total notional value	2,135	4,069	4,459
Swaps hedging bonds | Year 5 | Fair value hedge
Financial structure, financial costs and financial instruments
Total notional value	1,000	820	202
Swaps hedging bonds | Year 5 | Cash flow hedge
Financial structure, financial costs and financial instruments
Total notional value	4,686	2,071	4,068
Swaps hedging bonds | More than 5 years | Fair value hedge
Financial structure, financial costs and financial instruments
Total notional value	2,432	3,432	4,253
Swaps hedging bonds | More than 5 years | Cash flow hedge
Financial structure, financial costs and financial instruments
Total notional value	10,363	15,035	17,107
Forward exchange contracts related to operating activities | Not later than one year
Financial structure, financial costs and financial instruments
Fair value, financial assets	2	4
Fair value, financial liabilities	(14)	(19)	(8)
Total fair value	(12)	(15)	(8)
Notional value, Assets	83	70	36
Notional value, Liabilities	234	187	283
Total notional value	317	257	319
Forward exchange contracts related to operating activities | Due after 12 months
Financial structure, financial costs and financial instruments
Fair value, financial assets	8	3
Fair value, financial liabilities	(2)	(19)	(14)
Total fair value	6	(16)	(14)
Notional value, Assets	311	91
Notional value, Liabilities	240	433	366
Total notional value	551	524	366
Forward exchange contracts related to operating activities | Year 2
Financial structure, financial costs and financial instruments
Total notional value	285	524	171
Forward exchange contracts related to operating activities | Year 3
Financial structure, financial costs and financial instruments
Total notional value	266		195
Held for trading - Other interest rate swaps | Not later than one year
Financial structure, financial costs and financial instruments
Fair value, financial assets	149	154	13
Fair value, financial liabilities	(94)	(94)	(19)
Total fair value	55	60	(6)
Notional value, Assets	38,415	14,955	20,876
Notional value, Liabilities	37,170	13,236	6,470
Total notional value	75,585	28,191	27,346
Held for trading - Other interest rate swaps | Due after 12 months
Financial structure, financial costs and financial instruments
Fair value, financial assets	393	447	78
Fair value, financial liabilities	(208)	(226)	(41)
Total fair value	185	221	37
Notional value, Assets	7,690	7,470	5,170
Notional value, Liabilities	7,407	4,128	2,561
Total notional value	15,097	11,598	7,731
Held for trading - Other interest rate swaps | Year 2
Financial structure, financial costs and financial instruments
Total notional value	8,692	5,233	1,708
Held for trading - Other interest rate swaps | Year 3
Financial structure, financial costs and financial instruments
Total notional value	1,580	3,716	2,856
Held for trading - Other interest rate swaps | Year 4
Financial structure, financial costs and financial instruments
Total notional value	1,500	1,174	2,111
Held for trading - Other interest rate swaps | Year 5
Financial structure, financial costs and financial instruments
Total notional value	1,908	1,022	751
Held for trading - Other interest rate swaps | More than 5 years
Financial structure, financial costs and financial instruments
Total notional value	1,417	453	305
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	66	55	65
Fair value, financial liabilities	(84)	(110)	(37)
Total fair value	(18)	(55)	28
Notional value, Assets	10,325	7,076	9,769
Notional value, Liabilities	8,513	15,964	5,065
Total notional value	18,838	23,040	14,834
Held for trading - Currency swaps and forward exchange contracts | Due after 12 months
Financial structure, financial costs and financial instruments
Fair value, financial assets	21	44	17
Fair value, financial liabilities	(32)	(57)
Total fair value	(11)	(13)	17
Notional value, Assets	1,071	1,289	367
Notional value, Liabilities	773	839	(16)
Total notional value	1,844	2,128	351
Held for trading - Currency swaps and forward exchange contracts | Year 2
Financial structure, financial costs and financial instruments
Total notional value	1,840	391	265
Held for trading - Currency swaps and forward exchange contracts | Year 3
Financial structure, financial costs and financial instruments
Total notional value	(2)	$ 1,737	$ 86
Held for trading - Currency swaps and forward exchange contracts | Year 4
Financial structure, financial costs and financial instruments
Total notional value	$ 6

Financial structure and fina_14

Financial structure and financial costs - Fair value hierarchy (Details) - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Financial structure, financial costs and financial instruments
Equity instruments	$ 1,543	$ 1,051	$ 1,625	$ 2,007
Measured at fair value | Financial instruments, excluding commodity contracts
Financial structure, financial costs and financial instruments
Assets and liabilities held for trading	207	214	82
Equity instruments	255	33	501
Total fair value	(1,242)	(2,978)	(430)
Measured at fair value | Financial instruments, excluding commodity contracts | Level 1
Financial structure, financial costs and financial instruments
Equity instruments	255	33	501
Total fair value	255	33	501
Measured at fair value | Financial instruments, excluding commodity contracts | Level 2
Financial structure, financial costs and financial instruments
Assets and liabilities held for trading	207	214	82
Total fair value	(1,497)	(3,011)	(931)
Fair value hedge | Measured at fair value | Financial instruments, excluding commodity contracts
Financial structure, financial costs and financial instruments
Hedge instruments	(600)	(1,275)	39
Fair value hedge | Measured at fair value | Financial instruments, excluding commodity contracts | Level 2
Financial structure, financial costs and financial instruments
Hedge instruments	(600)	(1,275)	39
Cash flow hedge | Measured at fair value | Financial instruments, excluding commodity contracts
Financial structure, financial costs and financial instruments
Hedge instruments	(1,104)	(1,950)	(1,052)
Cash flow hedge | Measured at fair value | Financial instruments, excluding commodity contracts | Level 2
Financial structure, financial costs and financial instruments
Hedge instruments	$ (1,104)	$ (1,950)	$ (1,052)

Financial structure and fina_15

Financial structure and financial costs - Interest rate risk sensitivity (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Sensitivity analysis
Financial liabilities	$ (111,786)	$ (137,786)	$ (129,050)
Financial assets	84,725	104,041	96,173
Fair value, financial liabilities	(112,648)	(136,009)	(132,686)
Fair value, financial assets	84,725	104,041	96,173
Impact of changes in interest rates on the cost of net debt
Cost of net debt	(1,019)	(1,243)	(1,525)
Bonds (before swaps)
Sensitivity analysis
Financial liabilities	(28,365)	(32,184)	(39,256)
Fair value, financial liabilities	(29,216)	(30,391)	(42,888)
Swaps hedging bonds
Sensitivity analysis
Financial liabilities	(2,198)	(3,746)	(1,498)
Financial assets	673	813	787
Carrying amount	(1,525)	(2,933)	(711)
Fair value, financial liabilities	(2,198)	(3,746)	(1,498)
Fair value, financial assets	673	813	787
Estimated fair value	(1,525)	(2,933)	(711)
Current portion of non-current debt after swaps (excluding lease obligations)
Sensitivity analysis
Financial liabilities	(5,669)	(5,328)	(5,073)
Fair value, financial liabilities	(5,680)	(5,344)	(5,077)
Held for trading - Other interest rate swaps
Sensitivity analysis
Carrying amount	240	281	31
Estimated fair value	240	281	31
Held for trading - Currency swaps and forward exchange contracts
Sensitivity analysis
Carrying amount	(29)	(68)	45
Estimated fair value	$ (29)	(68)	45
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	$ 10	18	47
Impact on cost of net debt, interest rate decrease	(10)	(18)	(47)
Interest rate risk | Bonds (before swaps)
Sensitivity analysis
Change in fair value due to interest rate increase	162	210	349
Change in fair value due to interest rate decrease	(162)	(210)	(349)
Interest rate risk | Swaps hedging bonds
Sensitivity analysis
Change in fair value due to interest rate increase	(12)	(9)	(34)
Change in fair value due to interest rate decrease	12	9	34
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	(1)	3	5
Change in fair value due to interest rate decrease	(7)	(3)	(5)
Interest rate risk | Held for trading - Other interest rate swaps
Sensitivity analysis
Change in fair value due to interest rate increase	17	10	16
Change in fair value due to interest rate decrease	$ (17)	$ (10)	$ (16)

Financial structure and fina_16

Financial structure and financial costs - Foreign exchange risk sensitivity (Details) $ in Millions	Dec. 31, 2023 USD ($)	Dec. 31, 2023	Dec. 31, 2023 $ / €	Dec. 31, 2023 $ / £	Dec. 31, 2023 $ / ₽	Dec. 31, 2022 USD ($)	Dec. 31, 2022 $ / €	Dec. 31, 2022 $ / £	Dec. 31, 2022 $ / ₽	Dec. 31, 2021 USD ($)	Dec. 31, 2021 $ / €	Dec. 31, 2021 $ / £	Dec. 31, 2021 $ / ₽
Sensitivity analysis
Shareholders' equity at historical exchange rate	$ 130,454					$ 124,560				$ 124,407
Currency translation adjustment before net investment hedge	(13,696)					(12,831)				(12,666)
Net investment hedge - open instruments	(5)					(5)				(5)
Shareholders' equity at exchange rate as of the end of the period	116,753					111,724				111,736
Foreign exchange risk
Sensitivity analysis
Exchange rates			0.90	0.79	89.14		0.94	0.83	74.01		0.88	0.74	75.31
Impact on shareholders equity and net income
Reasonably possible increase in risk assumption (as a percent)		10%
Reasonably possible decrease in risk assumption (as a percent)		(10.00%)
Euro
Sensitivity analysis
Shareholders' equity at historical exchange rate	19,198					15,835				24,617
Currency translation adjustment before net investment hedge	(7,881)					(7,170)				(4,239)
Net investment hedge - open instruments	(5)					(5)				(5)
Shareholders' equity at exchange rate as of the end of the period	11,312					8,660				20,373
Euro | Foreign exchange risk
Impact on shareholders equity and net income
Impact of an increase in exchange rates on shareholders' equity	1,131
Impact of an increase in exchange rates on net income (TotalEnergies share)	310
Impact of a decrease in exchange rates on shareholders' equity	(1,131)
Impact of a decrease in exchange rates on net income (TotalEnergies share)	(310)
U.S. Dollar
Sensitivity analysis
Shareholders' equity at historical exchange rate	92,202					88,902				70,030
Shareholders' equity at exchange rate as of the end of the period	92,202					88,902				70,030
Pound Sterling
Sensitivity analysis
Shareholders' equity at historical exchange rate	4,732					6,258				6,064
Currency translation adjustment before net investment hedge	(2,285)					(2,463)				(1,902)
Shareholders' equity at exchange rate as of the end of the period	2,447					3,795				4,162
Pound Sterling | Foreign exchange risk
Impact on shareholders equity and net income
Impact of an increase in exchange rates on shareholders' equity	245
Impact of an increase in exchange rates on net income (TotalEnergies share)	94
Impact of a decrease in exchange rates on shareholders' equity	(245)
Impact of a decrease in exchange rates on net income (TotalEnergies share)	(94)
Ruble
Sensitivity analysis
Shareholders' equity at historical exchange rate						45				10,596
Currency translation adjustment before net investment hedge						(30)				(4,281)
Shareholders' equity at exchange rate as of the end of the period						15				6,315
Other currencies
Sensitivity analysis
Shareholders' equity at historical exchange rate	14,322					13,520				13,100
Currency translation adjustment before net investment hedge	(3,530)					(3,168)				(2,244)
Shareholders' equity at exchange rate as of the end of the period	$ 10,792					$ 10,352				$ 10,856

Financial structure and fina_17

Financial structure and financial costs - Liquidity risk (Details) - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Financial structure, financial costs and financial instruments
Committed credit facilities granted by banks	$ 11,527
Unutilized credit facilities	11,387
Maturity of financial assets and liabilities
Non-current financial debt (notional value excluding interests)	(39,391)	$ (43,961)	$ (48,630)
Non-current financial assets excluding derivative financial instruments	1,308	1,428	1,522
Current borrowings	(9,590)	(15,502)	(15,035)
Other current financial liabilities	(446)	(488)	(372)
Current financial assets	6,585	8,746	12,315
Assets and liabilities available for sale or exchange	(310)	38	4
Cash and cash equivalents	27,263	33,026	21,342	$ 31,268
Net amount before financial expense	(14,581)	(16,713)	(28,854)
Financial expense on non-current financial debt	(6,508)	(7,236)	(8,550)
Interest differential on swaps	(1,843)	(2,261)	(1,970)
NET AMOUNT	(22,932)	(26,210)	(39,374)
Financial assets and liabilities related to operating activities
Accounts payable	(41,335)	(41,346)	(36,837)
Other operating liabilities	(19,937)	(35,186)	(27,294)
Accounts receivable, net	23,442	24,378	21,983
Other operating receivables	14,952	28,289	29,553
TOTAL	(22,878)	(23,865)	(12,595)
Credit facility March 2022
Financial structure, financial costs and financial instruments
Unutilized credit facilities		8,000
Not later than one year
Maturity of financial assets and liabilities
Current borrowings	(9,590)	(15,502)	(15,035)
Other current financial liabilities	(446)	(488)	(372)
Current financial assets	6,585	8,746	12,315
Assets and liabilities available for sale or exchange	(310)	38	4
Cash and cash equivalents	27,263	33,026	21,342
Net amount before financial expense	23,502	25,820	18,254
Financial expense on non-current financial debt	(469)	(662)	(821)
Interest differential on swaps	(355)	(431)	(217)
NET AMOUNT	22,678	24,727	17,216
Year 2
Maturity of financial assets and liabilities
Non-current financial debt (notional value excluding interests)	(5,079)	(6,719)	(6,073)
Non-current financial assets excluding derivative financial instruments	132	367	41
Net amount before financial expense	(4,947)	(6,352)	(6,032)
Financial expense on non-current financial debt	(517)	(583)	(786)
Interest differential on swaps	(265)	(312)	(235)
NET AMOUNT	(5,729)	(7,247)	(7,053)
Year 3
Maturity of financial assets and liabilities
Non-current financial debt (notional value excluding interests)	(3,816)	(4,527)	(6,328)
Non-current financial assets excluding derivative financial instruments	107	85	41
Net amount before financial expense	(3,709)	(4,442)	(6,287)
Financial expense on non-current financial debt	(460)	(515)	(664)
Interest differential on swaps	(261)	(264)	(232)
NET AMOUNT	(4,430)	(5,221)	(7,183)
Year 4
Maturity of financial assets and liabilities
Non-current financial debt (notional value excluding interests)	(3,615)	(3,356)	(4,420)
Non-current financial assets excluding derivative financial instruments	244	85	38
Net amount before financial expense	(3,371)	(3,271)	(4,382)
Financial expense on non-current financial debt	(430)	(449)	(576)
Interest differential on swaps	(216)	(272)	(229)
NET AMOUNT	(4,017)	(3,992)	(5,187)
Year 5
Maturity of financial assets and liabilities
Non-current financial debt (notional value excluding interests)	(4,356)	(3,503)	(3,314)
Non-current financial assets excluding derivative financial instruments	100	85	37
Net amount before financial expense	(4,256)	(3,418)	(3,277)
Financial expense on non-current financial debt	(390)	(416)	(506)
Interest differential on swaps	(209)	(221)	(221)
NET AMOUNT	(4,855)	(4,055)	(4,004)
More than 5 years
Maturity of financial assets and liabilities
Non-current financial debt (notional value excluding interests)	(22,525)	(25,856)	(28,495)
Non-current financial assets excluding derivative financial instruments	725	806	1,365
Net amount before financial expense	(21,800)	(25,050)	(27,130)
Financial expense on non-current financial debt	(4,242)	(4,611)	(5,197)
Interest differential on swaps	(537)	(761)	(836)
NET AMOUNT	(26,579)	(30,422)	(33,163)
Derivative financial instruments related to commodity contracts
Financial assets and liabilities related to operating activities
Other operating liabilities	(7,650)	(18,774)	(16,166)
Other operating receivables	7,012	$ 20,220	$ 22,412
TotalEnergies SE
Financial structure, financial costs and financial instruments
Committed credit facilities granted by banks	$ 10,559

Financial structure and fina_18

Financial structure and financial costs - Credit risk (Details) - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Credit risk
Maximum credit risk exposure	$ 83,182	$ 102,990	$ 94,548
Net margin call (paid) received	(2,435)	(2,857)	(7,299)
Sale of receivables
Credit risk
Net value of receivables sold	7,700
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	495
Loans to equity affiliates
Credit risk
Maximum credit risk exposure	4,562	3,733	4,532
Loans and advances
Credit risk
Maximum credit risk exposure	2,222	1,837	2,107
Other non-current financial assets related to operational activities
Credit risk
Maximum credit risk exposure	1,761	250	312
Non-current financial assets
Credit risk
Maximum credit risk exposure	2,395	2,731	2,404
Accounts receivable
Credit risk
Maximum credit risk exposure	23,442	24,378	21,983
Other operating receivables
Credit risk
Maximum credit risk exposure	14,952	28,289	29,553
Current financial assets
Credit risk
Maximum credit risk exposure	6,585	8,746	12,315
Cash and cash equivalents
Credit risk
Maximum credit risk exposure	$ 27,263	$ 33,026	$ 21,342

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, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Financial structure, financial costs and financial instruments
Gross value before offsetting - assets	$ 7,565	$ 22,380	$ 25,125
Gross value before offsetting - liabilities	(8,203)	(20,934)	(18,879)
Amounts offset - assets	(553)	(2,160)	(2,713)
Amounts offset - liabilities	553	2,160	2,713
Net balance sheet value presented - assets	7,012	20,220	22,412
Net balance sheet value presented - liabilities	(7,650)	(18,774)	(16,166)
Other amounts not offset - collateral received		(406)
Other amounts not offset - collateral pledged	109		726
Net carrying amount after other amounts not offset	(529)	1,040	6,972
Fair value	(638)	1,446	6,246
Fair value after other amounts not offset	(529)	1,040	6,972
Gas & Power activities
Financial structure, financial costs and financial instruments
Gross value before offsetting - assets	6,533	21,438	24,215
Gross value before offsetting - liabilities	(6,494)	(19,091)	(17,832)
Amounts offset - assets	(280)	(2,013)	(2,341)
Amounts offset - liabilities	280	2,013	2,341
Net balance sheet value presented - assets	6,253	19,425	21,874
Net balance sheet value presented - liabilities	(6,214)	(17,078)	(15,491)
Other amounts not offset - collateral received		(406)
Other amounts not offset - collateral pledged	109		382
Net carrying amount after other amounts not offset	148	1,941	6,765
Fair value	39	2,347	6,383	$ (1,928)
Fair value after other amounts not offset	148	1,941	6,765
Gas & Power activities | Swaps
Financial structure, financial costs and financial instruments
Gross value before offsetting - assets	116	1,268	92
Gross value before offsetting - liabilities	(125)	(449)	(385)
Amounts offset - assets	(27)	(18)	(35)
Amounts offset - liabilities	27	18	35
Net balance sheet value presented - assets	89	1,250	57
Net balance sheet value presented - liabilities	(98)	(431)	(350)
Net carrying amount	(9)	819	(293)
Fair value	(9)	819	(293)
Gas & Power activities | Forwards
Financial structure, financial costs and financial instruments
Gross value before offsetting - assets	5,875	18,014	21,752
Gross value before offsetting - liabilities	(6,369)	(18,638)	(16,954)
Amounts offset - assets	(253)	(1,994)	(2,120)
Amounts offset - liabilities	253	1,994	2,120
Net balance sheet value presented - assets	5,622	16,020	19,632
Net balance sheet value presented - liabilities	(6,116)	(16,644)	(14,834)
Net carrying amount	(494)	(624)	4,798
Fair value	(494)	(624)	4,798
Gas & Power activities | Options
Financial structure, financial costs and financial instruments
Gross value before offsetting - assets	540	2,143	1,953
Gross value before offsetting - liabilities		(1)	(63)
Amounts offset - assets		(1)	(3)
Amounts offset - liabilities		1	3
Net balance sheet value presented - assets	540	2,142	1,950
Net balance sheet value presented - liabilities			(60)
Net carrying amount	540	2,142	1,890
Fair value	540	2,142	1,890
Gas & Power activities | Futures
Financial structure, financial costs and financial instruments
Gross value before offsetting - assets	2	13	418
Gross value before offsetting - liabilities		(3)	(430)
Amounts offset - assets			(183)
Amounts offset - liabilities			183
Net balance sheet value presented - assets	2	13	235
Net balance sheet value presented - liabilities		(3)	(247)
Net carrying amount	2	10	(12)
Fair value	2	10	(12)
Crude oil, petroleum products and freight rates activities
Financial structure, financial costs and financial instruments
Gross value before offsetting - assets	1,032	942	910
Gross value before offsetting - liabilities	(1,709)	(1,843)	(1,047)
Amounts offset - assets	(273)	(147)	(372)
Amounts offset - liabilities	273	147	372
Net balance sheet value presented - assets	759	795	538
Net balance sheet value presented - liabilities	(1,436)	(1,696)	(675)
Other amounts not offset - collateral pledged			344
Net carrying amount after other amounts not offset	(677)	(901)	207
Fair value	(677)	(901)	(137)	$ (310)
Fair value after other amounts not offset	$ (677)	(901)	207
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	$ 66	122	245
Gross value before offsetting - liabilities	(50)	(114)	(289)
Amounts offset - assets	(28)	(58)	(166)
Amounts offset - liabilities	28	58	166
Net balance sheet value presented - assets	38	64	79
Net balance sheet value presented - liabilities	(22)	(56)	(123)
Net carrying amount	16	8	(44)
Fair value	16	8	(44)
Crude oil, petroleum products and freight rates activities | Forwards
Financial structure, financial costs and financial instruments
Gross value before offsetting - assets	655	631	411
Gross value before offsetting - liabilities	(1,348)	(1,489)	(444)
Amounts offset - assets	(13)	(7)	(88)
Amounts offset - liabilities	13	7	88
Net balance sheet value presented - assets	642	624	323
Net balance sheet value presented - liabilities	(1,335)	(1,482)	(356)
Net carrying amount	(693)	(858)	(33)
Fair value	(693)	(858)	(33)
Crude oil, petroleum products and freight rates activities | Options
Financial structure, financial costs and financial instruments
Gross value before offsetting - assets	23	76	68
Gross value before offsetting - liabilities	(97)	(227)	(236)
Amounts offset - assets	(23)	(69)	(40)
Amounts offset - liabilities	23	69	40
Net balance sheet value presented - assets		7	28
Net balance sheet value presented - liabilities	(74)	(158)	(196)
Net carrying amount	(74)	(151)	(168)
Fair value	(74)	(151)	(168)
Crude oil, petroleum products and freight rates activities | Futures
Financial structure, financial costs and financial instruments
Gross value before offsetting - assets	1
Net balance sheet value presented - assets	1
Net carrying amount	1
Fair value	1
Crude oil, petroleum products and freight rates activities | Options on futures
Financial structure, financial costs and financial instruments
Gross value before offsetting - assets	287	113	186
Gross value before offsetting - liabilities	(214)	(13)	(78)
Amounts offset - assets	(209)	(13)	(78)
Amounts offset - liabilities	209	13	78
Net balance sheet value presented - assets	78	100	108
Net balance sheet value presented - liabilities	(5)
Net carrying amount	73	100	108
Fair value	$ 73	$ 100	$ 108

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, 2023	Dec. 31, 2022	Dec. 31, 2021
Financial structure, financial costs and financial instruments
Fair value as of the beginning of the period	$ 1,446	$ 6,246
Fair value as of the end of the period	(638)	1,446	$ 6,246
Gas & Power activities
Financial structure, financial costs and financial instruments
Fair value as of the beginning of the period	2,347	6,383	(1,928)
Impact on income	(5,792)	11,406	6,817
Settled contracts	3,681	(15,628)	1,408
Other	(197)	186	86
Fair value as of the end of the period	39	2,347	6,383
Crude oil, petroleum products and freight rates activities
Financial structure, financial costs and financial instruments
Fair value as of the beginning of the period	(901)	(137)	(310)
Impact on income	11,033	5,891	3,950
Settled contracts	(10,812)	(6,655)	(3,777)
Other	3
Fair value as of the end of the period	$ (677)	$ (901)	$ (137)

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, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Disclosure of detailed information about financial instruments [line items]
Fair value of financial instruments	$ (638)	$ 1,446	$ 6,246
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	$ 1,127	$ 1,132	$ 3,850
Level 2
Disclosure of detailed information about financial instruments [line items]
Fair value of financial instruments	927	679	(3,834)
Level 3
Disclosure of detailed information about financial instruments [line items]
Fair value of financial instruments	(2,692)	(365)	6,230
Gas & Power activities
Disclosure of detailed information about financial instruments [line items]
Fair value of financial instruments	39	2,347	6,383	$ (1,928)
Gas & Power activities | Level 1
Disclosure of detailed information about financial instruments [line items]
Fair value of financial instruments	1,054	1,034	3,716
Gas & Power activities | Level 2
Disclosure of detailed information about financial instruments [line items]
Fair value of financial instruments	1,677	1,678	(3,563)
Gas & Power activities | Level 3
Disclosure of detailed information about financial instruments [line items]
Fair value of financial instruments	(2,692)	(365)	6,230
Crude oil, petroleum products and freight rates activities
Disclosure of detailed information about financial instruments [line items]
Fair value of financial instruments	(677)	(901)	(137)	$ (310)
Crude oil, petroleum products and freight rates activities | Level 1
Disclosure of detailed information about financial instruments [line items]
Fair value of financial instruments	73	98	134
Crude oil, petroleum products and freight rates activities | Level 2
Disclosure of detailed information about financial instruments [line items]
Fair value of financial instruments	$ (750)	$ (999)	$ (271)

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, 2023	Dec. 31, 2022	Dec. 31, 2021
Cash flow hedge
Profit (Loss) recorded in other comprehensive income of the period	$ 2,770	$ (5,524)	$ 445
Recycled amount from other comprehensive income to the income statement of the period	117	1,317	(56)
Cash flow hedge
Cash flow hedge
Ineffective portion of hedge	$ 124	$ 132	$ 0

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, 2023	Dec. 31, 2022	Dec. 31, 2021
Gas & Power activities | Gas & 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	$ 54	$ 92	$ 30
Gas & Power activities | Gas & Power | Maximum
Market related risk
Value at risk	111	119	80
Gas & Power activities | Gas & Power | Minimum
Market related risk
Value at risk	16	15	9
Gas & Power activities | Gas & Power | Average
Market related risk
Value at risk	$ 54	$ 53	$ 28
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	$ 28	$ 27	$ 12
Crude oil, petroleum products and freight rates activities | Trading & Shipping | Maximum
Market related risk
Value at risk	74	48	36
Crude oil, petroleum products and freight rates activities | Trading & Shipping | Minimum
Market related risk
Value at risk	17	9	9
Crude oil, petroleum products and freight rates activities | Trading & Shipping | Average
Market related risk
Value at risk	$ 37	$ 22	$ 18

Post closing events (Details)

Post closing events (Details) - USD ($) $ in Millions			1 Months Ended	12 Months Ended
	Feb. 29, 2024	Aug. 04, 2023	Jan. 31, 2024	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Post closing events
Proceeds from sale of interest				$ 3,561	$ 835	$ 269
Absheron gas field
Post closing events
Percentage of interest held		35%
Absheron gas field | SOCAR
Post closing events
Percentage of interest held		35%
Absheron gas field | ADNOC
Post closing events
Percentage of interest held		30%
Retail networks in Netherlands, Luxembourg and Belgium
Post closing events
Proceeds from sale of interest			$ 1,400
Disposal of assets | Absheron gas field
Post closing events
Percentage of interest held	35%
Disposal of assets | Absheron gas field | SOCAR
Post closing events
Percentage of interest held	35%
Disposal of assets | Absheron gas field | ADNOC
Post closing events
Percentage of interest held	30%
Disposal of assets | Absheron gas field | ADNOC
Post closing events
Percentage of interest sold	15%
Disposal of assets | Absheron gas field | ADNOC | SOCAR
Post closing events
Percentage of interest sold	15%
Disposal of assets | Retail networks in Netherlands, Luxembourg and Belgium
Post closing events
Proceeds from sale of interest			$ 1,400

Consolidation scope (Details)

Consolidation scope (Details)	12 Months Ended
	Dec. 31, 2023 entity
Consolidation scope
Number of entities	1,367
Investments accounted for using equity method
Consolidation scope
Number of entities	192
Exploration & Production | Brass Holdings B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | Congo Forest Company (CFC)
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | E.F. Oil And Gas Limited
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | Elf E&P
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | Elf Exploration UK Limited
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | Elf Petroleum Iran
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | Elf Petroleum UK Limited
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
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%
Exploration & Production | TOQAP Guyana B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)	60%
Exploration & Production | Total Austral
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | Total E&P Al Shaheen A/S
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | Total E&P Angola Block 15/06
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | Total E&P Angola Block 16
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | Total E&P Angola Block 16 Holdings
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | Total E&P Angola Block 33
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | Total E&P Angola Block 39
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | Total E&P Chine
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | Total E&P Chissonga
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | Total E&P East El Burullus Offshore B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | Total E&P Egypt Block 2 B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | Total E&P Egypt Offshore Western Desert B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | Total E&P Egypte
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | Total E&P Guyane Francaise
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | Total E&P Jutland Denmark B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | Total E&P Kurdistan Region of Iraq (Harir) B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | Total E&P Kurdistan Region of Iraq (Safen) B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | Total E&P Kurdistan Region of Iraq (Taza) B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | Total E&P Kurdistan Region of Iraq B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | Total E&P M2 Holdings Limited
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | Total E&P Myanmar
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | Total E&P Participations Petrolieres Congo
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | Total E&P Philippines B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | Total E&P Services China Company Limited
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | Total E&P South Pars
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | Total E&P South Sudan
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | Total E&P Syrie
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | Total E&P Tajikistan B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | Total Oil and Gas South America
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | Total Pars LNG
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | Total South Pars
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies Anchor USA LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies BTC B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies Carbon Solutions
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies CCS UK Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies Denmark ASW
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies Denmark ASW Pipeline ApS
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies E&P Algerie
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies E&P Algerie Berkine A/S
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies E&P Americas LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies E&P Colombie
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies E&P New Ventures Inc.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies E&P North Sea UK Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies E&P Research & Technology USA LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies E&P UK Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies E&P USA Inc.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies E&P USA Oil Shale LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies E&P USA Well Containment LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies East Africa Midstream B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP (Brunei) B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Absheron B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Abu Al Bu Khoosh
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Angola
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Angola Block 17.06
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Angola Block 20
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Angola Block 25
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Angola Block 29
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Angola Block 32
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Angola Block 40
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Angola Block 48 B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Asia Pacific Pte. Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Azerbaijan B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Block 9
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Bolivie
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Brasil Ltda
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Bulgaria B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Cambodge
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Company UK Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Congo
Consolidation scope
Group interest, fully consolidated (as a percent)	85%
Exploration & Production | TotalEnergies EP Cyprus B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Danmark A/S
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Danmark A/S - CPH
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Dolphin Holdings
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Dolphin Midstream
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Dolphin Upstream
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP France
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Gabon
Consolidation scope
Group interest, fully consolidated (as a percent)	58.28%
Exploration & Production | TotalEnergies EP Gass Handel Norge AS
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Gastransport Nederland B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Golfe
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Greece B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Guyana B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Holding UAE B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Holdings Russia
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP International K1 Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP International K2 Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP International K3 Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP International Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Iran B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Iraq
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Italia S.p.A.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Kazakhstan
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Kenya B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Liban S.A.L.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Libye
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Lower Zakum B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Malaysia
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Mauritania Block C18 B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Mauritania Block C9 B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Mauritania Blocks DW B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Mauritanie
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP M'Bridge B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Mexico S.A. de C.V.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Namibia B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Nederland B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Nigeria Deepwater A Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Nigeria Deepwater B Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Nigeria Deepwater C Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Nigeria Deepwater D Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Nigeria Deepwater E Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Nigeria Deepwater F Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Nigeria Deepwater G Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Nigeria Deepwater H Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Nigeria Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Nigeria S.A.S.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Norge AS
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Oman Block 11 B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Oman S.A.S.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Petroleum Angola
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Pipelines Danmark A/S
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Profils Petroliers
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Qatar
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Qatar 2
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Ratawi Hub
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Russie
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Sao Tome and Principe B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Sebuku
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Senegal
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Services Brazil B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP South Africa B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP South Africa Block 567 (Pty) Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Suriname B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Thailand
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP UAE Unconventional Gas B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Uganda S.A.S.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Umm Lulu SARB
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Umm Shaif Nasr B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Venezuela B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Vostok LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Waha
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Well Response
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Yemen
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies EP Yemen Block 3 B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies Holdings EACOP S.A.S.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies Holdings International B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies Holdings Nederland B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies Jack USA LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies LNG Supply Services USA
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies Nature Based Solutions
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies Nature Based Solutions II
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies Nederland Facilities Management B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies Offshore GB Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies Offshore UK Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies Petroleo & Gas Brasil Ltda
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies Shipping Brazil B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies Termokarstovoye S.A.S.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies Upstream Danmark A/S
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies Upstream Nigeria
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | TotalEnergies Upstream UK Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | Uintah Colorado Resources, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	66.67%
Exploration & Production | Uintah Colorado Resources II, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Exploration & Production | Abu Dhabi Gas Industries Limited
Consolidation scope
Group interest, equity method (as a percent)	15%
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%
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 | East African Crude Oil Pipeline (EACOP) Ltd
Consolidation scope
Group interest, equity method (as a percent)	62%
Exploration & Production | Gas Investment and Services Company Limited
Consolidation scope
Group interest, equity method (as a percent)	10%
Exploration & Production | Global Forestry Development (GFD)
Consolidation scope
Group interest, equity method (as a percent)	49%
Exploration & Production | Luna Carbon Storage ANS
Consolidation scope
Group interest, equity method (as a percent)	40%
Exploration & Production | Norpipe Oil AS
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%
Exploration & Production | Northern Lights JV DA
Consolidation scope
Group interest, equity method (as a percent)	33.33%
Exploration & Production | Pars LNG Limited
Consolidation scope
Group interest, equity method (as a percent)	40%
Exploration & Production | Private Oil Holdings Oman Limited
Consolidation scope
Group interest, equity method (as a percent)	10%
Integrated LNG | BioBearn S.A.S.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | BioGasconha S.A.S.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | Biogaz Breuil
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | Biogaz Chatillon
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | Biogaz Corcelles
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | Biogaz Epinay
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | Biogaz Libron
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | Biogaz Milhac
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | Biogaz Soignolles
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | Biogaz Torcy
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | Biogaz Vert Le Grand
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | Biogaz Viriat
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | BioPommeria S.A.S.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | Bioroussillon S.A.S.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | Biovilleneuvois S.A.S.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | Fonroche Energies Renouvelables S.A.S.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | Global LNG Armateur S.A.S.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | Global LNG Downstream S.A.S.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | Global LNG North America Corporation
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | Global LNG S.A.S.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | Greenflex Actirent Group, S.L.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | Greenflex S.A.S.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | Margeriaz Energie
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | Marsa LNG, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	80%
Integrated LNG | Methanergy
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | Moz LNG1 Co-Financing Company
Consolidation scope
Group interest, fully consolidated (as a percent)	26.50%
Integrated LNG | Moz LNG1 Financing Company Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	26.50%
Integrated LNG | Moz LNG1 Holding Company Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	26.50%
Integrated LNG | Mozambique LNG Marine Terminal Company S.A.
Consolidation scope
Group interest, fully consolidated (as a percent)	26.50%
Integrated LNG | Mozambique MOF Company S.A.
Consolidation scope
Group interest, fully consolidated (as a percent)	26.50%
Integrated LNG | Papua LNG Development Pte Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | PGB Energetyka
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | PGB Energetyka 1
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | PGB Energetyka 10
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | PGB Energetyka 11
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | PGB Energetyka 12
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | PGB Energetyka 13
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | PGB Energetyka 14
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | PGB Energetyka 15
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | PGB Energetyka 16
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | PGB Energetyka 17
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | PGB Energetyka 18
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | PGB Energetyka 19
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | PGB Energetyka 2
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | PGB Energetyka 20
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | PGB Energetyka 21
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | PGB Energetyka 22
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | PGB Energetyka 23
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | PGB Energetyka 24
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | PGB Energetyka 25
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | PGB Energetyka 26
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | PGB Energetyka 27
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | PGB Energetyka 28
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | PGB Energetyka 3
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | PGB Energetyka 4
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | PGB Energetyka 5
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | PGB Energetyka 6
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | PGB Energetyka 7
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | PGB Energetyka 8
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | PGB Energetyka 9
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | PGB Inwestycje
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | PGB Serwis
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | Polska Grupa Biogazowa S.A.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | Total E&P Indonesie
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | Total Energies Biogaz France
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | TotalEnergies Australia Unit Trust
Consolidation scope
Group interest, fully consolidated (as a percent)	0%
Control (as a percent)	75.16%
Integrated LNG | TotalEnergies Biogas Holdings USA, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | TotalEnergies CCS Australia Pty Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | TotalEnergies E&P Yamal
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | TotalEnergies EP Angola Developpement Gaz
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | TotalEnergies EP Australia
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | TotalEnergies EP Australia II
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | TotalEnergies EP Australia III
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | TotalEnergies EP Barnett USA
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | TotalEnergies EP Holding Mauritius Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | TotalEnergies EP Holdings Australia Pty Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | TotalEnergies EP Ichthys Holdings
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | TotalEnergies EP Ichthys Pty Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | TotalEnergies EP Mozambique Area1, Ltda
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | TotalEnergies EP Oman Block 12 B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | TotalEnergies EP Oman Development B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | TotalEnergies EP PNG Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | TotalEnergies EP PNG2 B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | TotalEnergies EP Salmanov
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | TotalEnergies EP Singapore Pte. Ltd.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | TotalEnergies EP Tengah
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | TotalEnergies EP Transshipment S.A.S.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | TotalEnergies Exploration Australia Pty Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | TotalEnergies Gas & Power Asia Private Limited
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | TotalEnergies Gas & Power Brazil
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | TotalEnergies Gas & Power Holdings UK Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | TotalEnergies Gas & Power Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | TotalEnergies Gas & Power Ltd, London, Meyrin - Geneva branch
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | TotalEnergies Gas & Power North America, Inc.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | TotalEnergies Gas & Power Services UK Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | TotalEnergies Gas Holdings Andes
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | TotalEnergies Gas Pipeline USA, Inc.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | TotalEnergies Gas y Electricidad Argentina S.A.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | TotalEnergies Gaz & Electricite Holdings
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | TotalEnergies GLNG Australia
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | TotalEnergies GLNG Holdings Australia S.A.S.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | TotalEnergies LNG Angola
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | Totalenergies Lng Services France
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | TotalEnergies Sviluppo Italia S.R.L.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | TotalEnergies USA International LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | TotalEnergies Ventures Emerging Markets
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | TotalEnergies Ventures Europe
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | TotalEnergies Ventures International
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | TotalEnergies Yemen LNG Company Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated LNG | Abu Dhabi Gas Liquefaction Company Limited
Consolidation scope
Group interest, equity method (as a percent)	5%
Integrated LNG | Adani Total Gas Ltd
Consolidation scope
Group interest, equity method (as a percent)	37.40%
Integrated LNG | Adani Total LNG Singapore Pte. Ltd
Consolidation scope
Group interest, equity method (as a percent)	50%
Integrated LNG | Adani Total Private Limited (d)
Consolidation scope
Group interest, equity method (as a percent)	50%
Integrated LNG | Angola LNG Ltd
Consolidation scope
Group interest, equity method (as a percent)	13.60%
Integrated LNG | BioDeac S.A.S.
Consolidation scope
Group interest, equity method (as a percent)	65%
Integrated LNG | BioLoie S.A.S.
Consolidation scope
Group interest, equity method (as a percent)	55%
Integrated LNG | BioQuercy S.A.S.
Consolidation scope
Group interest, equity method (as a percent)	66%
Integrated LNG | Cameron LNG Holdings LLC
Consolidation scope
Group interest, equity method (as a percent)	16.60%
Integrated LNG | Colon LNG Marketing S. de R. L.
Consolidation scope
Group interest, equity method (as a percent)	50%
Integrated LNG | Cote d'Ivoire GNL
Consolidation scope
Group interest, equity method (as a percent)	34%
Integrated LNG | Del Rio Funding LLC
Consolidation scope
Group interest, equity method (as a percent)	59.55%
Percentage of control in associate or joint venture	50%
Integrated LNG | Ductor Oy
Consolidation scope
Group interest, equity method (as a percent)	20%
Integrated LNG | ECA LNG Holdings B.V.
Consolidation scope
Group interest, equity method (as a percent)	16.60%
Integrated LNG | Gas Del Litoral SRLCV
Consolidation scope
Group interest, equity method (as a percent)	25%
Integrated LNG | Gulf Total Tractebel Power Company PSJC
Consolidation scope
Group interest, equity method (as a percent)	20%
Integrated LNG | Ichthys LNG PTY Limited
Consolidation scope
Group interest, equity method (as a percent)	26%
Integrated LNG | National Gas Shipping Company Limited
Consolidation scope
Group interest, equity method (as a percent)	5%
Integrated LNG | Nigeria LNG Limited
Consolidation scope
Group interest, equity method (as a percent)	15%
Integrated LNG | Nyk Armateur S.A.S.
Consolidation scope
Group interest, equity method (as a percent)	50%
Integrated LNG | Oman LNG, LLC
Consolidation scope
Group interest, equity method (as a percent)	5.54%
Integrated LNG | Qatar Liquefied Gas Company Limited
Consolidation scope
Group interest, equity method (as a percent)	10%
Integrated LNG | Qatar Liquefied Gas Company Limited (II)
Consolidation scope
Group interest, equity method (as a percent)	16.70%
Integrated LNG | Qatar Liquified Gas Company Limited 10 (QG10) - NFS Project
Consolidation scope
Group interest, equity method (as a percent)	25%
Integrated LNG | Qatar Liquified Gas Company Limited 5 (QG5) - NFE Project
Consolidation scope
Group interest, equity method (as a percent)	25%
Integrated LNG | Rio Grande LNG Intermediate Holdings, LLC
Consolidation scope
Group interest, equity method (as a percent)	20.31%
Percentage of control in associate or joint venture	16.67%
Integrated LNG | South Hook LNG Terminal Company Limited
Consolidation scope
Group interest, equity method (as a percent)	8.35%
Integrated LNG | Total Eren H2
Consolidation scope
Group interest, equity method (as a percent)	80%
Integrated LNG | Total Shenergy LNG (Shanghai) Co., Ltd.
Consolidation scope
Group interest, equity method (as a percent)	49%
Integrated LNG | Transportadora de Gas del Mercosur S.A.
Consolidation scope
Group interest, equity method (as a percent)	32.68%
Integrated LNG | Yamal LNG
Consolidation scope
Group interest, equity method (as a percent)	20.02%
Integrated LNG | Yemen LNG Company Limited
Consolidation scope
Group interest, equity method (as a percent)	39.62%
Integrated Power | Abarloar Solar S.L.U.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Abeto Solar, S.L.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Access Building Egypt Solar One
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Access Egypt Solar One
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Alberche Conex, S.L.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Alamo Solarbay S.L.U.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Alcad AB
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Amura Solar, S.L.U.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Anayet Solar, S.L.U.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Anclote Solar, S.L.U.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Ancora Solar, S.L.U.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Andromeda Solarbay HP S.L.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Anemopetra
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Arbotante Solar, S.L.U.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Armada Solar, S.L.U.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Atolon Solar, S.L.U.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Avenir Solaire Portfolio
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Auriga Generacion S.L.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Baker Creek Solar, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Baser Comercializadora de Referencia
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Bidasoa Conex, S.L.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | BJL11
Consolidation scope
Group interest, fully consolidated (as a percent)	90%
Integrated Power | BJL4
Consolidation scope
Group interest, fully consolidated (as a percent)	90%
Integrated Power | Brur LP
Consolidation scope
Group interest, fully consolidated (as a percent)	44.64%
Integrated Power | Budeshte Agro
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Caramulo SE
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Castellaneta
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Centrale Solaire 21.09-3
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Brazoria Solar I, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Brazoria Solar II, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Cefeo Solar S.L.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Centaurus Environment S.L.U.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Centrale Eolienne De La Vallee Gentillesse
Consolidation scope
Group interest, fully consolidated (as a percent)	74.80%
Integrated Power | Centrale Hydrolique Alas
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Centrale Hydrolique Ardon
Consolidation scope
Group interest, fully consolidated (as a percent)	90%
Integrated Power | Centrale Hydrolique Arvan
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Centrale Hydrolique Barbaira
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Centrale Hydrolique Bonnant
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Centrale Hydrolique Gavet
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Centrale Hydrolique Miage
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Centrale Hydrolique Previnquieres
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Centrale Solaire 2
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Centrale Solaire 21.09-4
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Centrale Solaire APV R&D
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Centrale Solaire Autoprod
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Centrale Solaire Bayet
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Centrale Solaire Beauce Val de Loire
Consolidation scope
Group interest, fully consolidated (as a percent)	60%
Integrated Power | Centrale Solaire CET La Babiniere
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Centrale Solaire De Cazedarnes
Consolidation scope
Group interest, fully consolidated (as a percent)	75%
Integrated Power | Centrale Solaire de La Bezassade
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Centrale Solaire Dom
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Centrale Solaire Du Centre Ouest
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Centrale Solaire DU Lavoir
Consolidation scope
Group interest, fully consolidated (as a percent)	60%
Integrated Power | Centrale Solaire La Castello
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Centrale Solaire La Potence
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Centrale Solaire La Roquette
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Centrale Solaire Lacoste
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Centrale Solaire Le Carteyrou
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Centrale Solaire Le Trabet
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Centrale Solaire Les Cordeliers
Consolidation scope
Group interest, fully consolidated (as a percent)	83.98%
Integrated Power | Centrale Solaire Les Cordeliers 2
Consolidation scope
Group interest, fully consolidated (as a percent)	75%
Integrated Power | Centrale Solaire Lot 1
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Centrale Solaire Macouria
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Centrale Solaire Moussoulens
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Centrale Solaire Ombrieres Cap Agathois
Consolidation scope
Group interest, fully consolidated (as a percent)	83.98%
Integrated Power | Centrale Solaire Ombrieres De Blyes
Consolidation scope
Group interest, fully consolidated (as a percent)	60%
Integrated Power | Centrale Solaire Plateau De Pouls
Consolidation scope
Group interest, fully consolidated (as a percent)	51%
Integrated Power | Centrale Solaire Pouy Negue
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Centrale Solaire Pouy Negue 2
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Centrale Solaire RENFR 331
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Centrale Solaire RENFR 397
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Centrale Solaire RENFR 628
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Centrale Solaire Solarshare Bordeaux
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Centrale Solaire Terre du Roi
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Centrale Solaire Touzery
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Centrale Solaire TQ 3
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Centrale Solaire TQ 5
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Cerezo Solar, S.L.U.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Cidra Solar, S.L.U.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Circinus Energy S.L.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Clean Energy
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Clean Energy 1
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Clinton Solar, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Columba Renovables S.L.U.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Comanche Solar, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Core Energy Development, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Core Fund 1, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Core Solar Capital, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Core Solar Data, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Core Solar Development, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Core Solar DG, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Core Solar Holdings I, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Core Solar Land Holdings I, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Core Solar SPV X, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Core Solar SPV XV, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Core Solar SPV XXIV, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Core Solar, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Cottonwood Bayou Solar, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Cottonwood Bayou Storage, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Cowtown Solar, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Crc Kern Front Tugboat, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | CS Carrefour de l'Europe
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | CS QUADRAO 2
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Cygnus Environment S.L.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Danish Fields Solar, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Danish Fields Storage, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Dracena I
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Dracena II
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Dracena IV
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Driza Solar, S.L.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Dubovo
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Eclipse Solar SPA
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Ecosol
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Edelweis Solar, S.L.U.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Elliniki Aioliki Energeiaki EAE
Consolidation scope
Group interest, fully consolidated (as a percent)	86%
Integrated Power | EMV
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Energeiaki Ptoon
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Energia SI
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Eneryo S.A.S.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Enwind
Consolidation scope
Group interest, fully consolidated (as a percent)	98%
Integrated Power | Eole Boin
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Eole Dadoud
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Eole Fonds Caraibes
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Eole Grand Maison
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Eole La Montagne
Consolidation scope
Group interest, fully consolidated (as a percent)	87.60%
Integrated Power | Eole La Perriere S.A.R.L.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Eole Morne Carriere
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Eole Yate
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Eren Development Asia
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Eren Dracena
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Eren Grece
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Eren India
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Eren Maral
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Eren Re Participacoes
Consolidation scope
Group interest, fully consolidated (as a percent)	99.81%
Integrated Power | Eren Terra Santa
Consolidation scope
Group interest, fully consolidated (as a percent)	94.22%
Integrated Power | Essakane Solar S.A.S.
Consolidation scope
Group interest, fully consolidated (as a percent)	90%
Integrated Power | Etoile
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | E-Vento Ciro
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Evergreen Solar, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Falla Solar, S.L.U.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Fast Jung KB
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Fleming Solar, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Fluxsol
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Fotovoras
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | FPV Blanchard
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Frieman & Wolf Batterietechnick GmbH
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | G Sol do Alentejo
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | G Sol do Alentejo2
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | G.P.E
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Gallocanta, S.L.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Gardunha SE
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Garonne-et-Canal Energies
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Generg International
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Generg Novos Desenvolvimentos
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Generg Portfolio
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Generg Servicos de Engenharia e Gestao
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Generg Ventos da Gardunha
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Generg Ventos de Proenca-a-Nova
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Generg Ventos de Trancoso
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Generg Ventos do Caramulo
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Genergreen
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Glaciere De Palisse
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Global Energy
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Global Solar Services
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Go Electric
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Golden Triangle Solar, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Goleta Solar, S.L.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Goodfellow Solar III, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Goritsa Aiolos
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Greenwind S.A.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Grillete Solar, S.L.U.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | GV Beira Baixa
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | GV Pinhal
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | GV Seixo
Consolidation scope
Group interest, fully consolidated (as a percent)	90%
Integrated Power | GV Sines
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | GV Viana
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Helio 100 Kw
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Helio 971
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Helio 974 Sol 1
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Helio 974 Toiture 2
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Helio Fonds Caraibes
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Helio L'R
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Helio Prony Resources New Caledonia
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Helio Saint Benoit
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Helio Wabealo
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Helix Project V, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Hetty
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | HFV Montenero
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Hid. Grela
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Hid. Manteigas
Consolidation scope
Group interest, fully consolidated (as a percent)	90%
Integrated Power | Hid. Monte
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Hidrinveste
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Hill Solar I, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Hill Solar II, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Hydro 974
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Hydromons
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Inov
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Jmcp
Consolidation scope
Group interest, fully consolidated (as a percent)	50.05%
Integrated Power | Keith Solar I, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Kidds Store
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | KSF Holding Nominees
Consolidation scope
Group interest, fully consolidated (as a percent)	57.50%
Integrated Power | KSF Holding Trust
Consolidation scope
Group interest, fully consolidated (as a percent)	57.50%
Integrated Power | KSF Project Nominees Pty Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	57.50%
Integrated Power | KSF Project Trust
Consolidation scope
Group interest, fully consolidated (as a percent)	57.50%
Integrated Power | KSF Syncon Trust
Consolidation scope
Group interest, fully consolidated (as a percent)	57.50%
Integrated Power | LA Basin Solar I, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Lanuza Solar, S.L.U.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Lauderdale Solar, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Laurens Solar I, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Lemoore Stratford Land Holdings IV, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Le Bois Joli
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Les vents de la Moivre 1
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Les Vents de la Moivre 2
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Les Vents de la Moivre 3
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Les Vents de la Moivre 4
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Les Vents de la Moivre 5
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Lithos Aiolos
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Lorrain
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Luce Solar SPA
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Malaspina
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Maral I
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Maral II
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Martianez Solar, S.L.U.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Marysville Unified School District Solar, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Mastil Solar, S.L.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Mauricio Solar, S.L.U.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Meco 8
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Megavento
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Mishmar LP
Consolidation scope
Group interest, fully consolidated (as a percent)	44.64%
Integrated Power | Mustang Creek Solar, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | MKAT
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Morena Solar, S.L.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Myrtle Solar TE HoldCo
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Myrtle Solar, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Myrtle Storage, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Nevada Joint Union High School District Solar, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | New Green Energy Services
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Nomad Solar
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | NovEnergia Bulgaria Services
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | NovEnergia Holding Company
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | NovEnergia Holding Italia
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | NovEnergia II Bulgaria
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | NovEnergia Italia
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | NovEnergia Poland
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | NovEnergia Poland Services
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Nuza Solar, S.L.U.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Ophelia Solar, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Parc Photovoltaique de Puyloubier
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Parque Fotovoltaico Alicahue Solar SPA
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Parque Fotovoltaico Santa Adriana Solar SPA
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | PE La Guardia
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Piedra Solar, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Pigeon Run Solar, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Pilastra Solar, S.L.U.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Planta solar OPDE Andalucia 3, S.L.U.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Pinhal Interior SE
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Pontenure
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Portalon Solar, S.L.U.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Pos Production II
Consolidation scope
Group interest, fully consolidated (as a percent)	60%
Integrated Power | Pos Production III
Consolidation scope
Group interest, fully consolidated (as a percent)	70%
Integrated Power | Pos Production IV
Consolidation scope
Group interest, fully consolidated (as a percent)	70%
Integrated Power | Pos Production V
Consolidation scope
Group interest, fully consolidated (as a percent)	70%
Integrated Power | Poste HTB du Mont de L'Arbre
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Postigo Solar, S.L.U.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Postor Solar S.L.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | PT TATS Indonesia
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Quilla Solar, S.L.U.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Rabiza Solar, S.L.U.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Randolph Solar I, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Rececho Solar, S.L.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Recova Solar, S.L.U.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Regata Solar, S.L.U.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Renoptipower
Consolidation scope
Group interest, fully consolidated (as a percent)	75.25%
Integrated Power | Rhea
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Risen Bangladesh
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Risen Energy Battambang
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | RLA Solar SPA
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Rolling Plains Solar, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | S.E.R.E.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Saft (Zhuhai FTZ) Batteries Company Limited
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Saft (Zhuhai) Energy Storage Co
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Saft AB
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Saft America Inc.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Saft AS
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Saft Australia PTY Limited
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Saft Batterias SL
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Saft Batterie Italia S.R.L.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Saft Batterien GmbH
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Saft Batteries Pte Limited
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Saft Batteries PTY Limited
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Saft Batterijen B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Saft Do Brasil Ltda
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Saft EV S.A.S.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Saft Ferak AS
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Saft Groupe S.A.S.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Saft Hong Kong Limited
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Saft India Private Limited
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Saft Japan KK
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Saft Limited
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Saft LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Saft Nife ME Limited
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Saft S.A.S.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Sanabria Solar, S.L.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Sanders Creek Solar, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | SEC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | SIIF EDF EN
Consolidation scope
Group interest, fully consolidated (as a percent)	51.02%
Integrated Power | Societe d'Exploitation du Soleil du Haut-Deffens
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solaire Habitat Social
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Barocco
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Carport NJ, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Life Energy
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Academia 1, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Addison North, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Alleghany South, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Always Low Prices Hi, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Arizona HMR-1, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Baltimore Carney, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Baltimore Roofs, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Bay City 2, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Big Apple BTM, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Big Apple CDG, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Big Apple CDGB,LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Blakeslee 2, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Buchanan 1, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Buchanan 2, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star California LXXV, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star California LXXVI, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star California LXXVIII, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star California XXXV, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star California XXXVI, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star California XXXVIII, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Cambridge 1, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Cantil 1, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Carbondale 1, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Carlsbad 1, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Central Light, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Charles City 1, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Charles City 2, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Charlotte 1, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Clovis Curry North, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Clovis Curry South, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Co Co 2500, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Coastal Pirate, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Colorado II, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star CRC Kern Front, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star CRC Mt. Poso, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star CRC North Shafter, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star CRC Pier A West, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star CRC Yowlumne 1 North, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star CRC Yowlumne 2 South, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Deer Island, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Dornsife 1, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Fort Atkinson South, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star George Gift, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Gloucester 1, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Gloucester 2, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Golden Empire, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Goochland 1, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Goodwin Storage, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Harpst Arcata, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Hartford South, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Halifax 1, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Harbor, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Hawley 1, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star HD Maryland, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star HD New Jersey, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star HD New York, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Healthy 1, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Healthy Lake, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Herald Square 1, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Hernwood, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Hubbardson South, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Irondale, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Jal, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Kennedale Storage, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Khsd, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star LA County High Desert, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Lake Mills 1, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star LCR Culver City, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star LCR Irvine, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star LCR Split 2, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Light Park, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Lincoln School, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Lompoc Diatomite 1, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Los Lunas 2 LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Los Lunas, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star MA - Tewksbury, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Massachusetts II, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Massachusetts III, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Maxx 1, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Mayfield 1, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Maynard 1, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Mifflinburg 1, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Millville Rohrsburg, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Millville, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Mount Crawford 1, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Mountain Post, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star North Herty Storage, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Orangeville 2, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Orangeville Eagle, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Palmyra North, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Parent CRC Kern Front, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Parent CRC Mt. Poso, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Parent CRC North Shafter, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Parent CRC Pier A West, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Parent CRC Yowlumne 1 North, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Parent CRC Yowlumne 2 South, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Parkton, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Pennsauken, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Petersburg 1, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Philipsburg 1, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Pleasant Mount 1, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Pleasant Mount 2, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Prime 2, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Prime 4, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Prime SCK3, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star PTC 1, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star PTC 2, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Serving Science 2, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Serving Science, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star South Deering, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star State of CT Solar 1, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Storage Texas, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Timberville 1, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Timberville 2, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Track Southern Ave 1, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Tranquility, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Unkety Brook, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Urbana Landfill South, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Vegas I, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Virginia Holdco, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Ware 1, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Western Hills Storage, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Whitewater South, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Star Wholesome Portland, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solar Start Bear Creek, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solarstar Ma I, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solarstar Prime I, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | SolarStorage Fund A, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | SolarStorage Fund B, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | SolarStorage Fund C, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | SolarStorage Fund D, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Solenergy
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Sombrero Solar, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Spinnaker Solar, S.L.U.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | SPWR SS 1, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Strongstown Solar, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | SunPower Bobcat Solar, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | SunPower Commercial FTB Construction, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | SunPower Commercial Holding Company FTB SLB Parent, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | SunPower Commercial Holding Company FTB SLB, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | SunPower Helix I, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | SunPower NY CDG 1,LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | SunPower Revolver HoldCo I Parent, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | SunPower Revolver HoldCo I, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Swingletree Operations, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Tadiran Batteries GmbH
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Tadiran Batteries Limited
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Talmei Eliyahu
Consolidation scope
Group interest, fully consolidated (as a percent)	46.94%
Integrated Power | Terra Santa I
Consolidation scope
Group interest, fully consolidated (as a percent)	88.77%
Integrated Power | Terra Santa II
Consolidation scope
Group interest, fully consolidated (as a percent)	88.77%
Integrated Power | Tethys
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Titan
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | TNE Holdco 1 Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Total Eren
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Total Eren Australia
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Total Eren Chile
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Total Eren Holding
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Total Eren Nov
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | TotalEnergies - Centrale Electrique Bayet
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | TotalEnergies - Centrale Electrique Marchienne-au-Pont
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | TotalEnergies - Centrale Electrique Pont-sur-Sambre
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | TotalEnergies - Centrale Electrique Saint-Avold
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | TotalEnergies - Centrale Electrique Toul
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | TotalEnergies B HoldCo, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | TotalEnergies C HoldCo, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | TotalEnergies Carolina Long Bay, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | TotalEnergies Clientes
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | TotalEnergies CW I Solar, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | TotalEnergies DF Solar, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Totalenergies Distributed Generation Assets Usa, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | TotalEnergies Distributed Generation Philippines Inc.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Totalenergies Distributed Generation Usa, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | TotalEnergies Electricidad y Gas Espana
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | TotalEnergies Electricite et Gaz France
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | TotalEnergies Flexible Power Solutions
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | TotalEnergies H Solar, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | TotalEnergies HI Holdco, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | TotalEnergies Integrated Power ESS Belgium
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | TotalEnergies M Solar, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | TotalEnergies Mercado Espana
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | TotalEnergies New Ventures USA, Inc.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | TotalEnergies Offshore Wind Korea
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | TotalEnergies OFW US 1, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | TotalEnergies OFW US 4, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | TotalEnergies Power Generation France
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | TotalEnergies Power & Gas Belgium
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | TotalEnergies Renewables
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | TotalEnergies Renewables (Cambodia) Co., Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | TotalEnergies Renewables Asia
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | TotalEnergies Renewables Development Middle East
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | TotalEnergies Renewables Development Partnership, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | TotalEnergies Renewables Development Philippines Corporation
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | TotalEnergies Renewables DG Asia Assets PTE Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | TotalEnergies Renewables DG Development Asia Pte. Ltd.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | TotalEnergies Renewables DG Holdings Asia PTE Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | TotalEnergies Renewables DG MEA - Assets 1 FZE
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | TotalEnergies Renewables DG MEA FZE
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | TotalEnergies Renewables ESS Carling
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | TotalEnergies Renewables ESS Flandres
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | TotalEnergies Renewables ESS Grandpuits
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | TotalEnergies Renewables Iberica, S.L.U
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | TotalEnergies Renewables Indian Ocean Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | TotalEnergies Renewables International
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | TotalEnergies Renewables Latin America
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | TotalEnergies Renewables Malaysia Sdn. Bhd.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | TotalEnergies Renewables Projects Philippines Corporation
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | TotalEnergies Renewables Projects Singapore Pte. Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | TotalEnergies Renewables Projects Vietnam
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Totalenergies Renewables R4 Holdco Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Totalenergies Renewables Seagreen Holdco Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | TotalEnergies Renewables Singapore Pte. Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | TotalEnergies Renewables Thailand
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | TotalEnergies Renewables UK Limited
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | TotalEnergies Renewables USA, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | TotalEnergies Renouvelables Danemark ApS
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | TotalEnergies Renouvelables France
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | TotalEnergies Renouvelables Pacific
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | TotalEnergies Solar DG Nederland B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | TotalEnergies Solar France
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | TotalEnergies Solar Intl
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | TotalEnergies Solar Wind Indian Ocean Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | TotalEnergies Wire 3, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | TQN Hydro
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | TQN Solar
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | TQN Wind
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Trancoso SE
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Trofeo Solar, S.L.U.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | TSGF SpA
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | TSSDG India Private Limited
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Tutly Solar
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Valencia Solar 1, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Valencia Solar 2, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Valencia Solar 3, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Valencia Solar 4, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Valorene
Consolidation scope
Group interest, fully consolidated (as a percent)	66%
Integrated Power | Varadero Solar, S.L.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Viana Castelo SE
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Vientos Los Hercules
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Vientos Solutions S.L.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Vents d'Oc Centrale d'Energie Renouvelable 16
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Vents D'Oc Centrale D'Energie Renouvelable 18
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Wichita Data, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Wichita Solar I, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Winche Solar, S.L.U.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Wind 1026 GmbH
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Wind 1029 GmbH
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Winergy
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Woodbury Solar, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | WP France 21
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Zenith Solar, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Integrated Power | Adani Green Energy Ltd
Consolidation scope
Group interest, equity method (as a percent)	19.75%
Integrated Power | Adani Green Energy Twenty Three Limited
Consolidation scope
Group interest, equity method (as a percent)	50%
Integrated Power | Adani Renewable Energy Holding Nine Limited
Consolidation scope
Group interest, equity method (as a percent)	50%
Integrated Power | Advanced Thermal Batteries Inc.
Consolidation scope
Group interest, equity method (as a percent)	50%
Integrated Power | Aerospatiale Batteries (ASB)
Consolidation scope
Group interest, equity method (as a percent)	50%
Integrated Power | Aerowatt Energies
Consolidation scope
Group interest, equity method (as a percent)	65%
Integrated Power | Aerowatt Energies 2
Consolidation scope
Group interest, equity method (as a percent)	51%
Integrated Power | Al Kharsaa Solar Holdings B.V.
Consolidation scope
Group interest, equity method (as a percent)	49%
Integrated Power | Alicante
Consolidation scope
Group interest, equity method (as a percent)	50%
Integrated Power | Alicante 2
Consolidation scope
Group interest, equity method (as a percent)	50%
Integrated Power | Altergie Territoires 2
Consolidation scope
Group interest, equity method (as a percent)	44.58%
Integrated Power | Altergie Territoires 3
Consolidation scope
Group interest, equity method (as a percent)	50%
Integrated Power | Amber Solar Power Cinco, S.L.
Consolidation scope
Group interest, equity method (as a percent)	65%
Integrated Power | Amber Solar Power Cuatro, S.L.
Consolidation scope
Group interest, equity method (as a percent)	65%
Integrated Power | Amber Solar Power Dieciseis, S.L.
Consolidation scope
Group interest, equity method (as a percent)	65%
Integrated Power | Amber Solar Power Diez, S.L.
Consolidation scope
Group interest, equity method (as a percent)	65%
Integrated Power | Amber Solar Power Nueve, S.L.
Consolidation scope
Group interest, equity method (as a percent)	65%
Integrated Power | Amber Solar Power Quince, S.L.
Consolidation scope
Group interest, equity method (as a percent)	65%
Integrated Power | Amber Solar Power Tres, S.L.
Consolidation scope
Group interest, equity method (as a percent)	65%
Integrated Power | Amber Solar Power Uno, S.L.
Consolidation scope
Group interest, equity method (as a percent)	65%
Integrated Power | Attentive Energy, LLC
Consolidation scope
Group interest, equity method (as a percent)	56%
Integrated Power | Automotive Cells Company, S.E.
Consolidation scope
Group interest, equity method (as a percent)	33.33%
Integrated Power | Ballupur Solar Power Projects Private Ltd
Consolidation scope
Group interest, equity method (as a percent)	50%
Integrated Power | Castille
Consolidation scope
Group interest, equity method (as a percent)	50%
Integrated Power | CDV Holding S.A.
Consolidation scope
Group interest, equity method (as a percent)	34%
Integrated Power | Centrale Photovoltaique De Merle Sud
Consolidation scope
Group interest, equity method (as a percent)	40.58%
Integrated Power | Centrale Solaire Chemin De Melette
Consolidation scope
Group interest, equity method (as a percent)	51%
Integrated Power | Centrale Solaire Estarac
Consolidation scope
Group interest, equity method (as a percent)	35%
Integrated Power | Centrale Solaire Golbey
Consolidation scope
Group interest, equity method (as a percent)	51.05%
Integrated Power | Centrale Solaire Guinots
Consolidation scope
Group interest, equity method (as a percent)	60%
Integrated Power | Centrale Solaire Heliovale
Consolidation scope
Group interest, equity method (as a percent)	59.63%
Integrated Power | Centrale Solaire La Tastere
Consolidation scope
Group interest, equity method (as a percent)	60%
Integrated Power | Centrale Solaire Lodes
Consolidation scope
Group interest, equity method (as a percent)	50%
Integrated Power | Centrale Solaire Mazeran Lr
Consolidation scope
Group interest, equity method (as a percent)	50%
Integrated Power | Centrale Solaire Merle Sud 2
Consolidation scope
Group interest, equity method (as a percent)	60%
Integrated Power | Centrale Solaire Olinoca
Consolidation scope
Group interest, equity method (as a percent)	10%
Integrated Power | Centrale Solaire SRG Energy
Consolidation scope
Group interest, equity method (as a percent)	80%
Integrated Power | Centrale Solaire Toiture Josse
Consolidation scope
Group interest, equity method (as a percent)	60%
Integrated Power | Centrale Solaire Vauvoix
Consolidation scope
Group interest, equity method (as a percent)	60%
Integrated Power | Chudiala Solar Power Projects Private Ltd
Consolidation scope
Group interest, equity method (as a percent)	50%
Integrated Power | Eden Mumbai Solar Private Ltd
Consolidation scope
Group interest, equity method (as a percent)	50%
Integrated Power | Eden Renewable Cite Private Ltd
Consolidation scope
Group interest, equity method (as a percent)	50%
Integrated Power | Eden Renewable Ranji Private Ltd
Consolidation scope
Group interest, equity method (as a percent)	50%
Integrated Power | Eden Solar Energy Gurgaon Private Ltd
Consolidation scope
Group interest, equity method (as a percent)	50%
Integrated Power | Eden Solar Rajdhani Private Ltd
Consolidation scope
Group interest, equity method (as a percent)	50%
Integrated Power | ENEOS TotalEnergies Renewables Solar Development Japan G.K.
Consolidation scope
Group interest, equity method (as a percent)	50%
Integrated Power | Energie Developpement
Consolidation scope
Group interest, equity method (as a percent)	50%
Integrated Power | Eole Champagne Conlinoise
Consolidation scope
Group interest, equity method (as a percent)	66%
Integrated Power | Eolica da Boneca
Consolidation scope
Group interest, equity method (as a percent)	33%
Integrated Power | Eolmed
Consolidation scope
Group interest, equity method (as a percent)	20%
Integrated Power | G.K. Succeed Tsu Haze
Consolidation scope
Group interest, equity method (as a percent)	45%
Integrated Power | Galibier
Consolidation scope
Group interest, equity method (as a percent)	50%
Integrated Power | GIP III Zephyr Holdings, LLC
Consolidation scope
Group interest, equity method (as a percent)	50%
Integrated Power | Gray Whale Offshore Wind Power No.1 Co., Ltd
Consolidation scope
Group interest, equity method (as a percent)	42.50%
Integrated Power | Gray Whale Offshore Wind Power No.2 Co., Ltd
Consolidation scope
Group interest, equity method (as a percent)	42.50%
Integrated Power | Gray Whale Offshore Wind Power No.3 Co. Ltd
Consolidation scope
Group interest, equity method (as a percent)	42.50%
Integrated Power | GT R4 Holding Limited
Consolidation scope
Group interest, equity method (as a percent)	50%
Integrated Power | Haiding one international investment co Ltd
Consolidation scope
Group interest, equity method (as a percent)	50%
Integrated Power | Haiding three international investment co Ltd
Consolidation scope
Group interest, equity method (as a percent)	50%
Integrated Power | Haiding two international investment co Ltd
Consolidation scope
Group interest, equity method (as a percent)	50%
Integrated Power | Hanwha Total Solar II, LLC
Consolidation scope
Group interest, equity method (as a percent)	50%
Integrated Power | Hanwha Total Solar, LLC
Consolidation scope
Group interest, equity method (as a percent)	50%
Integrated Power | HFV Salentina
Consolidation scope
Group interest, equity method (as a percent)	50%
Integrated Power | HT Solar Holdings II, LLC
Consolidation scope
Group interest, equity method (as a percent)	50%
Integrated Power | HTS Holdings LLC
Consolidation scope
Group interest, equity method (as a percent)	50%
Integrated Power | Hydro Tinee
Consolidation scope
Group interest, equity method (as a percent)	50%
Integrated Power | Ise Total Nanao Power Plant G.K.
Consolidation scope
Group interest, equity method (as a percent)	50%
Integrated Power | Jingdan New Energy Investment (Shanghai) Co. Ltd
Consolidation scope
Group interest, equity method (as a percent)	50%
Integrated Power | Komundo Offshore Wind Power Co., Ltd
Consolidation scope
Group interest, equity method (as a percent)	42.50%
Integrated Power | La Compagnie Electrique De Bretagne
Consolidation scope
Group interest, equity method (as a percent)	50%
Integrated Power | La Metairie Neuve
Consolidation scope
Group interest, equity method (as a percent)	25%
Integrated Power | La Seauve
Consolidation scope
Group interest, equity method (as a percent)	40%
Integrated Power | Les ailes de Taillard
Consolidation scope
Group interest, equity method (as a percent)	50%
Integrated Power | Leuret
Consolidation scope
Group interest, equity method (as a percent)	50%
Integrated Power | Lorca
Consolidation scope
Group interest, equity method (as a percent)	50%
Integrated Power | Luminora Solar 5
Consolidation scope
Group interest, equity method (as a percent)	65%
Integrated Power | Luminora Solar cuatro, S.L.
Consolidation scope
Group interest, equity method (as a percent)	65%
Integrated Power | Luminora Solar Dos, S.L.
Consolidation scope
Group interest, equity method (as a percent)	65%
Integrated Power | Luminora Solar Tres, S.L.
Consolidation scope
Group interest, equity method (as a percent)	65%
Integrated Power | Maenggoldo Offshore Wind Power Co., Ltd
Consolidation scope
Group interest, equity method (as a percent)	42.50%
Integrated Power | Maxeon Solar Technologies, Pte. Ltd
Consolidation scope
Group interest, equity method (as a percent)	16.41%
Integrated Power | Medha Energy Private Ltd
Consolidation scope
Group interest, equity method (as a percent)	50%
Integrated Power | Merysol
Consolidation scope
Group interest, equity method (as a percent)	50%
Integrated Power | Missiles & Space Batteries Limited
Consolidation scope
Group interest, equity method (as a percent)	50%
Integrated Power | Miyagi Osato Solar Park G.K.
Consolidation scope
Group interest, equity method (as a percent)	45%
Integrated Power | Miyako Kuzakai Solarpark G.K.
Consolidation scope
Group interest, equity method (as a percent)	50%
Integrated Power | Mulilo Prieska PV (RF) Proprietary Limited
Consolidation scope
Group interest, equity method (as a percent)	27%
Integrated Power | Nouvelle Centrale Eolienne de Lastours
Consolidation scope
Group interest, equity method (as a percent)	50%
Integrated Power | Parc Eolien de Cassini
Consolidation scope
Group interest, equity method (as a percent)	50%
Integrated Power | Parc Eolien Du Coupru
Consolidation scope
Group interest, equity method (as a percent)	50%
Integrated Power | Parc Eolien du Vilpion
Consolidation scope
Group interest, equity method (as a percent)	50%
Integrated Power | Quadrica
Consolidation scope
Group interest, equity method (as a percent)	51%
Integrated Power | Ronesans Enerji Uretim ve Ticaret Anonim Sirketi
Consolidation scope
Group interest, equity method (as a percent)	50%
Integrated Power | Seagreen HoldCo 1 Limited
Consolidation scope
Group interest, equity method (as a percent)	51%
Integrated Power | Shakumbhari Solar Power Projects Private Ltd
Consolidation scope
Group interest, equity method (as a percent)	50%
Integrated Power | Shams Power Company PJSC
Consolidation scope
Group interest, equity method (as a percent)	20%
Integrated Power | Societe Champenoise d'Energie
Consolidation scope
Group interest, equity method (as a percent)	16%
Integrated Power | Societe Economie Mixte Production Energetique Renouvelable
Consolidation scope
Group interest, equity method (as a percent)	35.92%
Integrated Power | Sol Holding, LLC
Consolidation scope
Group interest, equity method (as a percent)	50%
Integrated Power | Solar Energies
Consolidation scope
Group interest, equity method (as a percent)	65%
Integrated Power | Sunzil
Consolidation scope
Group interest, equity method (as a percent)	50%
Integrated Power | Tianneng Saft Energy Joint Stock Company
Consolidation scope
Group interest, equity method (as a percent)	40%
Integrated Power | Total Envision Energy Services (Shanghai) CO., Ltd
Consolidation scope
Group interest, equity method (as a percent)	50%
Integrated Power | Total Strong, LLC
Consolidation scope
Group interest, equity method (as a percent)	50%
Integrated Power | Total Tractebel Emirates O&M Company
Consolidation scope
Group interest, equity method (as a percent)	50%
Integrated Power | Total Tractebel Emirates Power Company
Consolidation scope
Group interest, equity method (as a percent)	50%
Integrated Power | TotalEnergies Renouvelables Nogara
Consolidation scope
Group interest, equity method (as a percent)	50%
Integrated Power | TQN Solar Nogara
Consolidation scope
Group interest, equity method (as a percent)	50%
Integrated Power | Vents D'Oc Centrale D'Energie Renouvelable 17
Consolidation scope
Group interest, equity method (as a percent)	50%
Integrated Power | Vertigo
Consolidation scope
Group interest, equity method (as a percent)	25%
Integrated Power | Yunlin Holding Gmbh
Consolidation scope
Group interest, equity method (as a percent)	23%
Integrated Power | Yunlin Ukco Limited
Consolidation scope
Group interest, equity method (as a percent)	29.46%
Refining & Chemicals | Appryl S.N.C
Consolidation scope
Group interest, fully consolidated (as a percent)	50%
Refining & Chemicals | Atlantic Trading and Marketing Financial Inc.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Atlantic Trading and Marketing Inc.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Balzatex S.A.S.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Barry Controls Aerospace S.N.C.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | BASF Total Petrochemicals LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	40%
Refining & Chemicals | Bay Junction Inc.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Borrachas Portalegre Ltda
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | BOU Verwaltungs GmbH
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Catelsa-Caceres S.A.U.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Composite Industrie Maroc S.A.R.L.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Composite Industrie S.A.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Cosden, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | COS-MAR Company
Consolidation scope
Group interest, fully consolidated (as a percent)	50%
Refining & Chemicals | Cray Valley (Guangzhou) Chemical Company, Limited
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Cray Valley Czech
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Cray Valley HSC Asia Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Cray Valley S.A.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | CSSA - Chartering and Shipping Services S.A.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Espa S.A.R.L.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
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%
Refining & Chemicals | Fina Pipeline Co
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | FINA Technology, Inc.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Gasket (Suzhou) Valve Components Company, Limited
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Gasket International S.R.L.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Grande Paroisse S.A.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | HBA Hutchinson Brasil Automotive Ltda
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Hutchinson (UK) Limited
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Hutchinson (Wuhan) Automotive Rubber Products Company Limited
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Hutchinson Aeronautique & Industrie Limited
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Hutchinson Aerospace & Industry Inc.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Hutchinson Aerospace GmbH
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Hutchinson Antivibration Systems Inc.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Hutchinson Automotive Systems Company, Limited
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Hutchinson Autopartes Mexico S.A. de C.V.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Hutchinson Borrachas de Portugal Ltda
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Hutchinson Corporation
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Hutchinson d.o.o Ruma
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Hutchinson Do Brasil S.A.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Hutchinson Fluid Management Systems Inc.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Hutchinson GmbH
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Hutchinson Holding GmbH
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Hutchinson Holdings UK Limited
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Hutchinson Iberia S.A.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Hutchinson Industrial Rubber Products (Suzhou) Company, Limited
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Hutchinson Industrias Del Caucho SAU
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Hutchinson Industries Inc.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Hutchinson Japan Company Limited
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Hutchinson Korea Limited
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Hutchinson Malta Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Hutchinson Maroc S.A.R.L. AU
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Hutchinson Poland SP ZO.O.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Hutchinson Polymers S.N.C.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Hutchinson Porto
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Hutchinson Precision Sealing Systems Inc.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Hutchinson Research & Innovation Singapore PTE. Limited
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Hutchinson Rubber Products Private Limited Inde
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Hutchinson S.A.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Hutchinson S.N.C.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Hutchinson S.R.L. (Italie)
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Hutchinson S.R.L. (Roumanie)
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Hutchinson Seal De Mexico S.A. de CV.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Hutchinson Sealing Systems Inc.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Hutchinson SRO
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Hutchinson Stop - Choc GmbH & CO. KG
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Hutchinson Technologies (Maanshan) Co., Ltd.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Hutchinson Technologies (Shenyang) Co., Ltd.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Hutchinson Transferencia de Fluidos S.A. de C.V.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Hutchinson Tunisie S.A.R.L.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Hutchinson Vietnam Company Limited
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Iber Resinas S.L.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Industrias Tecnicas De La Espuma SL
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Industrielle Desmarquoy S.N.C.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
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%
Refining & Chemicals | KTN Kunststofftechnik Nobitz GmbH
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Le Joint Francais S.N.C.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Legacy Site Services Funding Inc.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Legacy Site Services LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Les Stratifies S.A.S.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Lone Wolf Land Company
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Machen Land Limited
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Mide Technology Corporation
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Naphtachimie
Consolidation scope
Group interest, fully consolidated (as a percent)	50%
Refining & Chemicals | Olutex Oberlausitzer Luftfahrttextilien GmbH
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Pamargan Products Limited
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Paulstra S.N.C.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | PFW Aerospace GmbH
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | PFW Havacilik Sanayi ve Dis Ticaret Limited Sirtketi
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | PFW Uk Machining Ltd.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Polyblend GmbH
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Resilium
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Retia
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Retia USA LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Societe Bearnaise De Gestion Industrielle
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Southeast Texas Pipelines LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	40%
Refining & Chemicals | Stillman Seal Corporation
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Stop-Choc (UK) Limited
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | TankOpslag en PijpleidingenNet N.V.
Consolidation scope
Group interest, fully consolidated (as a percent)	55%
Refining & Chemicals | Synova
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Techlam S.A.S.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | TESSAF S.A.S.
Consolidation scope
Group interest, fully consolidated (as a percent)	49.90%
Refining & Chemicals | Thermal Control Systems Automotive Sasu
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Total Activites Maritimes
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Total Atlantic Trading Mexico SA De CV
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Total Energy Marketing A/S
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Total Petrochemicals (Shangai) Limited
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | TotalEnergies Belgium Services
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | TotalEnergies Fluids
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | TotalEnergies Laffan Refinery Holdco
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | TotalEnergies Laffan Refinery Holdco II B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | TotalEnergies Marketing Deutschland GmbH Refining
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | TotalEnergies Olefins Antwerp
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | TotalEnergies Petrochemicals Development Feluy
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | TotalEnergies Petrochemicals & Refining SA/NV
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | TotalEnergies Petrochemicals Ecaussinnes
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | TotalEnergies Petrochemicals Feluy
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | TotalEnergies Petrochemicals France
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | TotalEnergies Petrochemicals Hong Kong Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | TotalEnergies Petrochemicals Iberica
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | TotalEnergies Petrochemicals UK Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | TotalEnergies Pipeline USA, Inc.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | TotalEnergies Plastic Energy Advanced Recycling S.A.S.
Consolidation scope
Group interest, fully consolidated (as a percent)	60%
Refining & Chemicals | TotalEnergies Polymers Antwerp
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | TotalEnergies Raffinage Chimie
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | TotalEnergies Raffinage France
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | TotalEnergies Raffinerie Mitteldeutschland GmbH
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | TotalEnergies Refinery Antwerp
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | TotalEnergies Refinery Port Arthur, LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | TotalEnergies Refining & Chemicals Arabia
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | TotalEnergies Splitter USA, Inc.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | TotalEnergies Trading Asia Pte. Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | TotalEnergies Trading Europe
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | TotalEnergies Trading Products S.A.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | TotalEnergies Trading Storage S.A.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | TOTSA TotalEnergies Trading S.A.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Transalpes S.N.C.
Consolidation scope
Group interest, fully consolidated (as a percent)	67%
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%
Refining & Chemicals | Zeeland Refinery NV
Consolidation scope
Group interest, fully consolidated (as a percent)	55%
Refining & Chemicals | Elf Aquitaine Fertilisants
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Refining & Chemicals | Bayport Polymers LLC
Consolidation scope
Group interest, equity method (as a percent)	50%
Refining & Chemicals | Buckeye Products Pileline LP
Consolidation scope
Group interest, equity method (as a percent)	14.66%
Refining & Chemicals | EcoMotion JV GmbH
Consolidation scope
Group interest, equity method (as a percent)	49.90%
Refining & Chemicals | Gulf Coast Pipeline LP
Consolidation scope
Group interest, equity method (as a percent)	14.66%
Refining & Chemicals | Hanwha TotalEnergies Petrochemical Co., Ltd
Consolidation scope
Group interest, equity method (as a percent)	50%
Refining & Chemicals | Laffan Refinery Company Limited 1
Consolidation scope
Group interest, equity method (as a percent)	10%
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 | National Petroleum Refiners Of South Africa (PTY) Limited
Consolidation scope
Group interest, equity method (as a percent)	18.22%
Refining & Chemicals | Qatar Petrochemical Company Q.S.C. (QAPCO)
Consolidation scope
Group interest, equity method (as a percent)	20%
Refining & Chemicals | Qatofin Company Limited
Consolidation scope
Group interest, equity method (as a percent)	49.08%
Refining & Chemicals | San Jacinto Rail Limited
Consolidation scope
Group interest, equity method (as a percent)	17%
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 | Total Corbion PLA B.V.
Consolidation scope
Group interest, equity method (as a percent)	50%
Refining & Chemicals | Totseanergy
Consolidation scope
Group interest, equity method (as a percent)	49%
Marketing & Services | Antilles Gaz
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | Argedis
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | AS 24
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | AS24 Belgie N.V.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | AS24 Espanola S.A.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | AS24 Fuel Cards Limited
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | AS24 Lithuanie
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | AS24 Polska SP ZO.O.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | AS24 Tankservice GmbH
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | BlueCharge Pte. Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | Elf Oil UK Aviation Limited
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | Elf Oil UK Properties Limited
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | Fioulmarket.fr
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | Gapco Kenya Limited
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | Gapco Tanzania Limited
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | Guangzhou Elf Lubricants Company Limited
Consolidation scope
Group interest, fully consolidated (as a percent)	77%
Marketing & Services | Gulf Africa Petroleum Corporation
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | Lubricants Vietnam Holding Limited
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | Quimica Vasca S.A.U.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | Servauto Nederland B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
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%
Marketing & Services | Societe Urbaine des Petroles
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | Stedis
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | TEVGO
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | TotalEnergies Marketing Botswana (Pty) Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	50.10%
Marketing & Services | Total Bitumen UK Limited
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | Total China Investment Company Limited
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | Total Energies Charging Solutions UK Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | Total Especialidades Argentina
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | Total Lubricants (China) Company Limited
Consolidation scope
Group interest, fully consolidated (as a percent)	77%
Marketing & Services | Total Marketing Uganda
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | Total Tianjin Manufacturing Company Limited
Consolidation scope
Group interest, fully consolidated (as a percent)	77%
Marketing & Services | TotalEnergies Additives and Fuels Solutions
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | TotalEnergies Aviation
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | TotalEnergies Aviation Suisse S.A.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | TotalEnergies Aviation Zambia Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | TotalEnergies Bitumen Deutschland GmbH
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | TotalEnergies Charging Services
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | TotalEnergies Charging Solutions Belgium
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | TotalEnergies Charging Solutions Deutschland GmbH
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | TotalEnergies Charging Solutions Nederland B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | TotalEnergies Diesel Comercio e Transportes Brasil Ltda
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | TotalEnergies Distribuidora Brasil LTDA
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | TotalEnergies Glass Lubricants Europe GmbH
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | TotalEnergies Holdings Deutschland GmbH
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | TotalEnergies LPG Vietnam Company Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | TotalEnergies Lubrifiants
Consolidation scope
Group interest, fully consolidated (as a percent)	99.98%
Marketing & Services | TotalEnergies Lubrifiants Algerie SPA
Consolidation scope
Group interest, fully consolidated (as a percent)	78.90%
Marketing & Services | TotalEnergies Lubrifiants Service Automobiles
Consolidation scope
Group interest, fully consolidated (as a percent)	99.98%
Marketing & Services | TotalEnergies Marine Fuels Pte. Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | TotalEnergies Marketing & Services
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | TotalEnergies Marketing (Cambodia) Co. Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | TotalEnergies Marketing (Fiji) Pte Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | TotalEnergies Marketing (Hubei) Co., Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | TotalEnergies Marketing (Shanghai) Co., Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | TotalEnergies Marketing African Holdings Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | TotalEnergies Marketing Afrique
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | TotalEnergies Marketing Antilles-Guyane
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | TotalEnergies Marketing Asia-Pacific Middle East Pte. Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | TotalEnergies Marketing Belgium
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | TotalEnergies Marketing Burkina
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | TotalEnergies Marketing Cameroun S.A.
Consolidation scope
Group interest, fully consolidated (as a percent)	67.01%
Marketing & Services | TotalEnergies Marketing Ceska republika S.R.O.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | TotalEnergies Marketing Congo
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | TotalEnergies Marketing Corse
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
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%
Marketing & Services | TotalEnergies Marketing Dominicana, S.A.
Consolidation scope
Group interest, fully consolidated (as a percent)	50%
Marketing & Services | TotalEnergies Marketing Espana, S.A.U.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | Totalenergies Marketing Eswatini (Pty) Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	50.10%
Marketing & Services | TotalEnergies Marketing Ethiopia Share Company
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | TotalEnergies Marketing France
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | TotalEnergies Marketing Gabon
Consolidation scope
Group interest, fully consolidated (as a percent)	90%
Marketing & Services | TotalEnergies Marketing Ghana PLC
Consolidation scope
Group interest, fully consolidated (as a percent)	76.74%
Marketing & Services | TotalEnergies Marketing Guinea Ecuatorial
Consolidation scope
Group interest, fully consolidated (as a percent)	70%
Marketing & Services | TotalEnergies Marketing Guinee
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | TotalEnergies Marketing Holdings Africa
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | TotalEnergies Marketing Holdings Asia
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | TotalEnergies Marketing Holdings India
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | TotalEnergies Marketing India Private Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | TotalEnergies Marketing Italia SpA
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | TotalEnergies Marketing Jamaica Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | TotalEnergies Marketing Jordan
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | TotalEnergies Marketing Kenya PLC
Consolidation scope
Group interest, fully consolidated (as a percent)	93.96%
Marketing & Services | TotalEnergies Marketing Lebanon
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | TotalEnergies Marketing Luxembourg S.A.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
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%
Marketing & Services | TotalEnergies Marketing Mali
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | TotalEnergies Marketing Maroc
Consolidation scope
Group interest, fully consolidated (as a percent)	55%
Marketing & Services | TotalEnergies Marketing Mauritius Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	55%
Marketing & Services | TotalEnergies Marketing Mayotte
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | TotalEnergies Marketing Mexico S.A. de C.V.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | TotalEnergies Marketing Middle East FZE
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | TotalEnergies Marketing Mozambique S.A.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
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%
Marketing & Services | TotalEnergies Marketing Nigeria PLC
Consolidation scope
Group interest, fully consolidated (as a percent)	61.72%
Marketing & Services | TotalEnergies Marketing Pacifique
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | TotalEnergies Marketing Polska
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | TotalEnergies Marketing Polynesie
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | TotalEnergies Marketing Puerto Rico
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | TotalEnergies Marketing RDC
Consolidation scope
Group interest, fully consolidated (as a percent)	60%
Marketing & Services | TotalEnergies Marketing Reunion
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | TotalEnergies Marketing Romania S.A.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
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 Taiwan Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	63%
Marketing & Services | TotalEnergies Marketing Tanzania Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | TotalEnergies Marketing Togo
Consolidation scope
Group interest, fully consolidated (as a percent)	76.72%
Marketing & Services | TotalEnergies Marketing Tunisie
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | TotalEnergies Marketing UAE LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | TotalEnergies Marketing Uganda Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | TotalEnergies Marketing UK Limited
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | TotalEnergies Marketing Ukraine
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | TotalEnergies Marketing USA Inc.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | TotalEnergies Marketing Vietnam Company Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | TotalEnergies Marketing Zambia Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | TotalEnergies Marketing Zimbabwe (Private) Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	80%
Marketing & Services | TotalEnergies MKG Luxembourg S.A.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | TotalEnergies Proxi Nord Est
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | TotalEnergies Proxi Nord Ouest
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | TotalEnergies Proxi Sud Est
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | TotalEnergies Proxi Sud Ouest
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | TotalEnergies Retail Belgium
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | TotalEnergies Retail Nederland B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | TotalEnergies Singapore Services Pte Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | TotalEnergies Supply Marketing Services S.A.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | TotalEnergies Turkey Pazarlama A.S.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | TotalEnergies Warme&Kraftstoff Deutschland GmbH
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | TotalEnergies Wash France
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Marketing & Services | Upbeatprops 100 PTY Limited
Consolidation scope
Group interest, fully consolidated (as a percent)	50.10%
Marketing & Services | Aristea
Consolidation scope
Group interest, equity method (as a percent)	51%
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)	19.10%
Marketing & Services | Saudi Total Petroleum Products
Consolidation scope
Group interest, equity method (as a percent)	51%
Marketing & Services | S-OIL TotalEnergies Lubricants Co. Ltd
Consolidation scope
Group interest, equity method (as a percent)	50%
Marketing & Services | South Asia LPG Private Limited
Consolidation scope
Group interest, equity method (as a percent)	50%
Marketing & Services | Tas'Helat Marketing Company
Consolidation scope
Group interest, equity method (as a percent)	50%
Marketing & Services | Total Freeport Corporation
Consolidation scope
Group interest, equity method (as a percent)	51%
Marketing & Services | Total Parco Pakistan Limited
Consolidation scope
Group interest, equity method (as a percent)	50%
Marketing & Services | Total Philippines Corporation
Consolidation scope
Group interest, equity method (as a percent)	51%
Marketing & Services | TotalEnergies Marketing Angola S.A.
Consolidation scope
Group interest, equity method (as a percent)	50%
Marketing & Services | TotalEnergies Marketing Egypt
Consolidation scope
Group interest, equity method (as a percent)	50%
Marketing & Services | TotalEnergies Sinochem Retail Company Ltd
Consolidation scope
Group interest, equity method (as a percent)	49%
Marketing & Services | Trapil
Consolidation scope
Group interest, equity method (as a percent)	5.50%
Marketing & Services | Yangtze Gorges Green Way Charging Technology (Hubei) Co., Ltd.
Consolidation scope
Group interest, equity method (as a percent)	50%
Corporate | Albatros
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Corporate | Elf Aquitaine Inc.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Corporate | Elf Forest Products LLC
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Corporate | Institut Photovoltaique D'Ile De France (IPVF)
Consolidation scope
Group interest, fully consolidated (as a percent)	43%
Corporate | Omnium Reinsurance Company S.A.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Corporate | Pan Insurance Limited
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Corporate | Septentrion Participations
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Corporate | Socap S.A.S.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Corporate | Societe Civile Immobiliere CB2
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Corporate | Sofax Banque
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Corporate | Total Energy Investments Tianjin
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Corporate | Total International NV
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Corporate | Total Investment Management Tianjin
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Corporate | Total Operations Canada Limited
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Corporate | Total Resources (Canada) Limited
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Corporate | TotalEnergies (Beijing) Corporate Management Co., Ltd.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Corporate | TotalEnergies American Services, Inc.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Corporate | TotalEnergies Capital
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Corporate | TotalEnergies Capital Canada Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Corporate | TotalEnergies Capital International
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Corporate | TotalEnergies Consulting
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Corporate | TotalEnergies Delaware, Inc.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Corporate | TotalEnergies Developpement Regional S.A.S.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Corporate | TotalEnergies Digital Factory
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Corporate | TotalEnergies EP Gestion Filiales
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Corporate | TotalEnergies Facilities Management Services (TFMS)
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Corporate | TotalEnergies Finance
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Corporate | TotalEnergies Finance Corporate Services Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Corporate | TotalEnergies Finance Europe
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Corporate | TotalEnergies Finance International B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Corporate | TotalEnergies Finance USA, Inc.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Corporate | TotalEnergies Funding Nederland B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Corporate | TotalEnergies Gestion USA
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Corporate | TotalEnergies Global Financial Services
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Corporate | TotalEnergies Global Human Resources Services
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Corporate | TotalEnergies Global Information Technology Services Belgium
Consolidation scope
Group interest, fully consolidated (as a percent)	99.98%
Corporate | TotalEnergies Global IT Services (TGITS)
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Corporate | TotalEnergies Global Procurement (TGP)
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Corporate | TotalEnergies Global Procurement Belgium S.A. (TGPB)
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Corporate | TotalEnergies Global Services Bucharest
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Corporate | TotalEnergies Global Services Philippines Inc.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Corporate | TotalEnergies Holding Allemagne
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Corporate | TotalEnergies Holdings
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Corporate | TotalEnergies Holdings Europe
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Corporate | TotalEnergies Holdings UK Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Corporate | TotalEnergies Holdings USA, Inc.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Corporate | TotalEnergies Investments
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Corporate | TotalEnergies Learning Solutions (TLS)
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Corporate | TotalEnergies Marketing Holdings Nederland B.V.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Corporate | TotalEnergies Marketing Holdings South Africa ZA (Pty) Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Corporate | TotalEnergies One Tech Belgium
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Corporate | TotalEnergies OneTech
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Corporate | TotalEnergies Participations
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Corporate | TotalEnergies Petrochemicals & Refining USA, Inc.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Corporate | TotalEnergies Security USA, Inc.
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Corporate | TotalEnergies Treasury
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Corporate | TotalEnergies Treasury Belgium
Consolidation scope
Group interest, fully consolidated (as a percent)	100%
Corporate | TotalEnergies UK Finance Ltd
Consolidation scope
Group interest, fully consolidated (as a percent)	100%