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FINANCE COSTS, NET | 12 Months Ended
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Dec. 31, 2020
Finance Costs [Abstract] |
FINANCE COSTS, NET | 14 n Finance Costs, Net
For the years ended December 31 | 2020 | 2019
Interest 1 | $342 |  | $435 |
Amortization of debt issue costs | 2 |  | 2 |
Amortization of premium | (1) |  | (1) |
Interest on lease liabilities | 5 |  | 6 |
Gain on interest rate hedges | (5) |  | (6) |
Interest capitalized 2 | (24) |  | (14) |
Accretion | 41 |  | 75 |
Loss on debt extinguishment | 15 |  | 3 |
Finance income | (28) |  | (31) |
Total | $347 |  | $469 |
1 Interest in the consolidated statements of cash flow is presented on a cash basis. In 2020, cash interest paid was $295 million (2019: $333 million). 2For the year ended December 31, 2020, the general capitalization rate was 5.90% (2019: 6.30%).

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- Definition Finance Costs [Abstract] + References No definition available. + Details
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- Definition The disclosure of finance income (cost). [Refer: Finance income (cost)] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2019-01-01 -Paragraph 10 -Subparagraph e -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2019-en-r&anchor=para_10_e&doctype=Standard -URIDate 2019-03-27 + Details
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