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Expenses and other income (Tables)
 12 Months Ended
Jun. 30, 2024
Text block 1 [Abstract]  
Summary of Expenses and Other Income
    
2024
     2023     2022  
    
US$M
     US$M     US$M  
Employee benefits expense:
       
Wages and salaries
   
 
4,633
 
     4,539       4,197  
Employee share awards
   
 
112
 
     97       109  
Social security costs
   
 
5
 
     4       4  
Pension and other post-retirement obligations
   
 
374
 
     339       338  
Less employee benefits expense classified as exploration and evaluation expenditure
   
 
(49
) 
     (35 )      (30 ) 
Changes in inventories of finished goods and work in progress
   
 
(289
) 
     301       (774 ) 
Raw materials and consumables used
   
 
6,536
 
     6,710       5,991  
Freight and transportation
   
 
2,270
 
     2,299       2,319  
External services
   
 
5,795
 
     4,768       4,525  
Third-party commodity purchases
   
 
1,977
 
     1,878       2,959  
Net foreign exchange losses/(gains)
   
 
23
 
     (197 )      (326 ) 
Fair value change on derivatives
1
   
 
84
 
     135       (29 ) 
Government royalties paid and payable
   
 
3,571
 
     3,841       4,014  
Exploration and evaluation expenditure incurred and expensed in the current period
   
 
399
 
     294       199  
Depreciation and amortisation expense
   
 
5,295
 
     5,061       5,683  
Net impairments:
       
Property, plant and equipment
   
 
3,833
 
     73       515  
Goodwill and other intangible assets
   
 
57
 
     2       –  
All other operating expenses
   
 
2,124
 
     1,764       2,677  
  
 
 
    
 
 
    
 
 
  
Total expenses
   
 
36,750
 
     31,873       32,371  
  
 
 
    
 
 
    
 
 
  
(Gain)/loss on disposal of subsidiaries and operations
2
   
 
(915
) 
     (8 )      (840 ) 
Dividend income
3
   
 
(1
) 
     (19 )      (241 ) 
Other income
4
   
 
(369
) 
     (367 )      (317 ) 
  
 
 
    
 
 
    
 
 
  
Total other income
   
 
(1,285
) 
     (394 )      (1,398 ) 
  
 
 
    
 
 
    
 
 
  
 
1
 
Fair value change on derivatives is principally related to commodity price contracts, foreign exchange contracts and embedded derivatives used in the ordinary course of business as well as derivatives used as part of the funding of dividends.
 
2
 
Mainly relates to the divestment of Blackwater and Daunia mines in FY2024 and BMC in FY2022. Refer to note 3 ‘Exceptional items’ for further information.
 
3
 
During FY2022, the Group received dividends of US$238 million from Cerrejón. On 11 January 2022, BHP completed the sale of its 33.33 per cent interest in Cerrejón to joint venture partner, Glencore plc. In accordance with the sale agreement, the final sale proceeds were adjusted for the dividends received to a final number of US$50 million.
 
4
 
Other income is generally income earned from transactions outside the course of the Group’s ordinary activities and may include certain management fees from
non-controlling
interests and joint arrangements, royalties and commission income.