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Other equity (Tables)
 12 Months Ended
Jun. 30, 2020
Text block [abstract]  
Summary of Reserves
   
2020
  2019  2018   
Recognition and measurement
   
US$M
  US$M  US$M    
Share premium account
  
 
518
 
  518   518   The share premium account represents the premium paid on the issue of BHP Group Plc shares recognised in accordance with the UK Companies Act 2006.
Foreign currency translation reserve
  
 
39
 
  37   42   The foreign currency translation reserve represents exchange differences arising from the translation of
non-US
dollar functional currency operations within the Group into US dollars.
Employee share awards reserve
  
 
246
 
  213   196   
The employee share awards reserve represents the accrued employee entitlements to share awards that have been charged to the income statement and have not yet been exercised.
Once exercised, the difference between the accumulated fair value of the awards and their historical
on-market
purchase price is recognised in retained earnings.
Cash flow hedge reserve
  
 
50
 
  114   58   The cash flow hedge reserve represents hedging gains and losses recognised on the effective portion of cash flow hedges. The cumulative deferred gain or loss on the hedge is recognised in the income statement when the hedged transaction impacts the income statement, or is recognised as an adjustment to the cost of
non-financial
hedged items. The hedging reserve records the portion of the gain or loss on a hedging instrument in a cash flow hedge that is determined to be an effective hedge relationship.
Cost of hedging reserve
  
 
(23
) 
  (74)   –   The cost of hedging reserve represents the recognition of certain costs of hedging for example, basis adjustments, which have been excluded from the hedging relationship and deferred in other comprehensive income until the hedged transaction impacts the income statement.
Equity investments reserve
  
 
16
 
  17   16   The financial assets reserve represents the revaluation of investments in shares recognised through other comprehensive income. Where a revalued financial asset is sold, the relevant portion of the reserve is transferred to retained earnings.
Capital redemption reserve
  
 
177
 
  177   177   The capital redemption reserve represents the par value of BHP Group Plc shares that were purchased and subsequently cancelled. The cancellation of the shares creates a
non-distributable
capital redemption reserve.
Non-controlling
interest contribution reserve
  
 
1,283
 
  1,283   1,283   The
non-controlling
interest contribution reserve represents the excess of consideration received over the book value of net assets attributable to equity instruments when acquired by
non-controlling
interests.
  
 
 
  
 
 
  
 
 
   
Total reserves
  
 
2,306
 
  2,285   2,290   
  
 
 
  
 
 
  
 
 
   
Summary of Financial Information Relating to Subsidiaries with Non-controlling Interests
Summarised financial information relating to each of the Group’s subsidiaries with
non-controlling
interests (NCI) that are material to the Group before any intra-group eliminations is shown below:
 
   
2020
  2019 
US$M
  
Minera

Escondida

Limitada
  
Other

individually

immaterial

subsidiaries

(incl. intra

-group

eliminations)
   
Total
  Minera
Escondida
Limitada		  Other
individually
immaterial
subsidiaries
(incl. intra
-group
eliminations)		  Total 
Group share (per cent)
  
 
57.5
 
     57.5   
  
 
 
     
 
 
   
Current assets
  
 
2,432
 
     2,456   
Non-current
assets
  
 
12,121
 
     12,538   
Current liabilities
  
 
(1,614
) 
     (1,826)   
Non-current
liabilities
  
 
(4,613
) 
     (4,122)   
  
 
 
     
 
 
   
Net assets
  
 
8,326
 
     9,046   
  
 
 
  
 
 
   
 
 
  
 
 
  
 
 
  
 
 
 
Net assets attributable to NCI
  
 
3,539
 
 
 
771
 
  
 
4,310
 
  3,845   739   4,584 
  
 
 
  
 
 
   
 
 
  
 
 
  
 
 
  
 
 
 
Revenue
  
 
6,719
 
     6,876   
Profit after taxation
  
 
1,088
 
     1,360   
Other comprehensive income
  
 
(27
) 
     (1)   
  
 
 
     
 
 
   
Total comprehensive income
  
 
1,061
 
     1,359   
  
 
 
     
 
 
   
Profit after taxation attributable to NCI
  
 
462
 
 
 
318
 
  
 
780
 
  578   301   879 
Other comprehensive income attributable to NCI
  
 
(11
) 
 
 
–
 
  
 
(11
) 
  –   (1)   (1) 
  
 
 
  
 
 
   
 
 
  
 
 
  
 
 
  
 
 
 
Net operating cash flow
  
 
2,637
 
     3,283   
Net investing cash flow
  
 
(919
) 
     (1,034)   
Net financing cash flow
  
 
(1,920
) 
     (2,517)   
  
 
 
  
 
 
   
 
 
  
 
 
  
 
 
  
 
 
 
Dividends paid to NCI
(1)
  
 
757
 
 
 
286
 
  
 
1,043
 
  986   219   1,205 
  
 
 
  
 
 
   
 
 
  
 
 
  
 
 
  
 
 
 
 
(1)
 
Includes dividends paid to
non-controlling
interests related to Onshore US of US$ nil (2019: US$7 million). Refer to note 28 ‘Discontinued operations’.