Divestment and cash capital expenditure
The levels of divestment proceeds and cash capital expenditure in 2021 and 2020 reflect our discipline and focus on the Powering Progress strategy. See “Non-GAAP measures reconciliations”.
|
|
|
$ million |
|---|---|---|---|
|
2021 |
2020 |
2019 |
Integrated Gas |
3,195 |
503 |
723 |
Upstream |
10,930 |
1,909 |
5,384 |
Oil Products |
935 |
1,368 |
1,517 |
Chemicals |
10 |
26 |
22 |
Corporate |
44 |
205 |
225 |
Total divestment proceeds |
15,113 |
4,010 |
7,871 |
Cash capital expenditure is used to monitor investing activities on a cash basis, excluding items such as lease additions which do not necessarily result in cash outflows in the period.
|
|
|
$ million |
|---|---|---|---|
|
2021 |
2020 |
2019 |
Integrated Gas |
5,767 |
4,301 |
4,299 |
Upstream |
6,269 |
7,296 |
10,205 |
Oil Products |
3,868 |
3,328 |
4,907 |
Chemicals |
3,573 |
2,640 |
4,090 |
Corporate |
221 |
262 |
418 |
Total cash capital expenditure |
19,698 |
17,827 |
23,919 |
