SEGMENT INFORMATION (Tables)

6 Months Ended

Jun. 30, 2022

Consolidated Statement of Income Information


		Cost of Sales
For the three months ended June 30, 2022	Revenue	Site operating costs, royalties and community relations	Depreciation	Exploration, evaluation and project expenses	Other expenses (income)1	Segment income (loss)
Carlin2	$748	$371	$80	$5	$3	$289
Cortez2	284	131	48	4	1	100
Turquoise Ridge2	232	117	44	4	—	67
Pueblo Viejo2	318	136	60	12	4	106
Loulo-Gounkoto2	331	129	64	1	5	132
Kibali	145	57	33	1	5	49
Veladero	119	55	31	1	(1)	33

North Mara2	149	60	23	1	(1)	66
Bulyanhulu2	118	57	14	—	5	42
Other Mines2	521	312	110	4	18	77
Reportable segment total	$2,965	$1,425	$507	$33	$39	$961
Share of equity investees	(145)	(57)	(33)	(1)	(5)	(49)
Segment total	$2,820	$1,368	$474	$32	$34	$912

Consolidated Statement of Income Information


		Cost of Sales
For the three months ended June 30, 2021	Revenue	Site operating costs, royalties and community relations	Depreciation	Exploration, evaluation and project expenses	Other expenses (income)1	Segment income (loss)
Carlin2	$572	$267	$59	$7	($8)	$247
Cortez2	328	143	66	2	1	116
Turquoise Ridge2	235	98	48	—	—	89
Pueblo Viejo2	369	122	55	1	9	182
Loulo-Gounkoto2	329	110	69	5	6	139
Kibali	169	60	36	1	2	70
Veladero	91	40	20	—	2	29

North Mara2	144	65	12	—	1	66
Bulyanhulu2	82	38	13	—	1	30
Other Mines2	719	305	146	3	16	249
Reportable segment total	$3,038	$1,248	$524	$19	$30	$1,217
Share of equity investees	(169)	(60)	(36)	(1)	(2)	(70)
Segment total	$2,869	$1,188	$488	$18	$28	$1,147

Consolidated Statement of Income Information


		Cost of Sales
For the six months ended June 30, 2022	Revenue	Site operating costs, royalties and community relations	Depreciation	Exploration, evaluation and project expenses	Other expenses (income)1	Segment income (loss)
Carlin2	$1,455	$681	$149	$7	($18)	$636
Cortez2	648	283	110	6	1	248
Turquoise Ridge2	427	224	86	4	1	112
Pueblo Viejo2	656	265	118	14	5	254
Loulo-Gounkoto2	653	252	127	3	7	264
Kibali	282	112	61	4	15	90
Veladero	195	90	50	1	—	54

North Mara2	280	110	33	2	—	135
Bulyanhulu2	249	119	31	—	6	93
Other Mines2	1,125	620	223	7	35	240
Reportable segment total	$5,970	$2,756	$988	$48	$52	$2,126
Share of equity investees	(282)	(112)	(61)	(4)	(15)	(90)
Segment total	$5,688	$2,644	$927	$44	$37	$2,036

Consolidated Statement of Income Information


		Cost of Sales
For the six months ended June 30, 2021	Revenue	Site operating costs, royalties and community relations	Depreciation	Exploration, evaluation and project expenses	Other expenses (income)1	Segment income (loss)
Carlin2	$1,235	$555	$127	$10	($9)	$552
Cortez2	620	286	130	5	2	197
Turquoise Ridge2	504	198	99	—	—	207
Pueblo Viejo2	789	252	116	2	10	409
Loulo-Gounkoto2	666	225	138	9	14	280
Kibali	323	120	68	1	1	133
Veladero	148	64	31	—	2	51

North Mara2	263	121	27	—	2	113
Bulyanhulu2	132	66	25	—	2	39
Other Mines2	1,406	604	288	6	31	477
Reportable segment total	$6,086	$2,491	$1,049	$33	$55	$2,458
Share of equity investees	(323)	(120)	(68)	(1)	(1)	(133)
Segment total	$5,763	$2,371	$981	$32	$54	$2,325

1Includes accretion expense, which is included within finance costs in the consolidated statement of income. For the three months ended June 30, 2022, accretion expense was $9 million (2021: $8 million) and for the six months ended June 30, 2022, accretion expense was $16 million (2021: $13 million).

2Includes non-controlling interest portion of revenues, cost of sales and segment income for the three months ended June 30, 2022 for Nevada Gold Mines $549 million, $354 million, $189 million (2021: $541 million, $314 million, $224 million), Pueblo Viejo $130 million, $78 million, $47 million (2021: $147 million, $70 million, $73 million), Loulo-Gounkoto $67 million, $39 million, $27 million (2021: $66 million, $36 million, $28 million), North Mara, Bulyanhulu and Buzwagi $43 million, $25 million, $17 million (2021: $42 million, $25 million, $18 million), and Tongon $9 million, $9 million, $(1) million (2021: $10 million, $8 million, $2 million) and for the six months ended June 30, 2022 for Nevada Gold Mines $1,105 million, $687 million, $417 million (2021: $1,098 million, $632 million, $460 million), Pueblo Viejo $265 million, $153 million, $106 million (2021: $321 million, $146 million, $171 million), Loulo-Gounkoto $131 million, $76 million, $54 million (2021: $133 million, $73 million, $56 million), North Mara, Bulyanhulu and Buzwagi $85 million, $47 million, $36 million (2021: $74 million, $48 million, $26 million) and Tongon $17 million, $18 million, $(2) million (2021: $20 million, $16 million, $3 million), respectively.

Reconciliation of Segment Income to Income Before Income Taxes


	For the three months ended June 30		For the six months ended June 30
	2022	2021	2022	2021
Segment income	$912	$1,147	$2,036	$2,325
Other revenue	39	24	24	86
Other cost of sales/amortization	(8)	(28)	(18)	(64)
Exploration, evaluation and project expenses not attributable to segments	(68)	(59)	(123)	(106)
General and administrative expenses	(30)	(47)	(84)	(85)
Other income (loss) not attributable to segments	23	(4)	23	(3)
Impairment (charges) reversals	(3)	(2)	(5)	87
Loss on currency translation	(6)	(7)	(9)	(11)
Closed mine rehabilitation	128	(6)	125	(29)
Income from equity investees	89	104	188	207
Finance costs, net (includes non-segment accretion)	(80)	(83)	(161)	(165)
Gain (loss) on non-hedge derivatives	—	(2)	7	(1)
Income before income taxes	$996	$1,037	$2,003	$2,241

Capital Expenditures Information


	Segment capital expenditures1
	For the three months ended June 30		For the six months ended June 30
	2022	2021	2022	2021
Carlin	$130	$141	$247	$233
Cortez	126	70	219	132
Turquoise Ridge	44	39	86	72
Pueblo Viejo	150	143	294	244
Loulo-Gounkoto	82	88	144	158
Kibali	21	20	38	31
Veladero	45	43	83	83

North Mara	35	19	57	37
Bulyanhulu	23	18	35	33
Other Mines	100	76	177	150
Reportable segment total	$756	$657	$1,380	$1,173
Other items not allocated to segments	29	35	63	59
Total	$785	$692	$1,443	$1,232
Share of equity investees	(21)	(20)	(38)	(31)
Total	$764	$672	$1,405	$1,201

1Segment capital expenditures are presented for internal management reporting purposes on an accrual basis. Capital expenditures in the Consolidated Statements of Cash Flow are presented on a cash basis. For the three months ended June 30, 2022, cash expenditures were $755 million (2021: $658 million) and the increase in accrued expenditures was $9 million (2021: $14 million increase). For the six months ended June 30, 2022, cash expenditures were $1,366 million (2021: $1,197 million) and the increase in accrued expenditures was $39 million (2021: $4 million increase).