Company: MT
Filing Date: 2025-03-10
Form Type: 20-F
Source: 0001243429-25-000017
Chunk: 381

Company: ArcelorMittal
Filing Date: 2025-03-10
Form: 20-F
Chunk 381
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                       — |     | -1,405 |     |      — |
| Financing costs - net                                   |                  -1,174 |     |   -859 |     |   -334 |
| Income before taxes                                     |                   2,915 |     |  1,260 |     | 11,255 |
| Income tax expense                                      |                   1,535 |     |    238 |     |  1,717 |
| Net income (including non-controlling interests)        |                   1,380 |     |  1,022 |     |  9,538 |

The Company does not regularly provide a measure of total

assets and liabilities for each reportable segment to the CODM. 3.2 Geographical information

Geographical information, by country or region, is separately

disclosed and represents ArcelorMittal’s most significant

regional markets. Attributed assets are operational assets

employed in each region and include items such as pension

balances that are specific to a country. Unless otherwise stated

in the table heading as a segment disclosure, these disclosures

are specific to the country or region stated. They do not include

goodwill, deferred tax assets, other investments or receivables

and other non-current financial assets. Attributed liabilities are

those arising within each region, excluding indebtedness.

Sales (by destination)

|                     | Year ended December 31, 
                    2024 |     |   2023 |     |   2022 |
|:--------------------|------------------------:|:----|-------:|:----|-------:|
| Americas            |                         |     |        |     |        |
| United States       |                   8,440 |     |  8,886 |     |  8,835 |
| Brazil              |                   7,560 |     |  8,243 |     |  8,715 |
| Canada              |                   3,414 |     |  3,485 |     |  4,188 |
| Mexico              |                   2,787 |     |  3,288 |     |  2,876 |
| Argentina           |                   1,099 |     |  1,233 |     |  1,908 |
| Others              |                   1,005 |     |  1,110 |     |  1,538 |
| Total Americas      |