A phase current sharing network for a current mode multiphase switching regulator. The multiphase switching regulator includes switching networks for developing phase currents of switching phase networks controlled by pulse control signals for converting an input voltage to an output voltage. The regulator develops the pulse control signals based on current control values and at least one trigger value. The phase current sharing network includes conversion networks and a phase current combining network. Each conversion network provides a phase current value based on a corresponding phase current, such as by directly or indirectly measuring real current or by synthetically developing the phase current value. The phase current combining network develops an average phase current value based on the phase current values, and subtracts the average phase current value from each phase current value to provide the current control values used to control the switching networks.