SEGMENT INFORMATION (Tables)

6 Months Ended

Jun. 30, 2023

Consolidated Statement of Income Information


		Cost of Sales
For the three months ended June 30, 2023	Revenue	Site operating costs, royalties and community relations	Depreciation	Exploration, evaluation and project expenses	Other expenses (income)1	Segment income (loss)
Carlin2	$779	$404	$91	$7	$2	$275
Cortez2	359	178	67	5	1	108
Turquoise Ridge2	232	129	43	2	—	58
Pueblo Viejo2	258	117	60	1	3	77
Loulo-Gounkoto2	344	139	60	2	4	139
Kibali	172	70	41	—	1	60
Lumwana	189	117	59	10	3	—

North Mara2	149	72	19	—	7	51
Bulyanhulu2	119	56	15	—	1	47
Other Mines2	392	245	56	2	16	73
Reportable segment total	$2,993	$1,527	$511	$29	$38	$888
Share of equity investees	(172)	(70)	(41)	—	(1)	(60)
Segment total	$2,821	$1,457	$470	$29	$37	$828

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
Lumwana	211	109	33	2	5	62

North Mara2	149	60	23	1	(1)	66
Bulyanhulu2	118	57	14	—	5	42
Other Mines2	429	258	108	3	12	48
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 six months ended June 30, 2023	Revenue	Site operating costs, royalties and community relations	Depreciation	Exploration, evaluation and project expenses	Other expenses (income)1	Segment income (loss)
Carlin2	$1,290	$734	$154	$15	$4	$383
Cortez2	784	382	158	7	3	234
Turquoise Ridge2	486	268	93	3	—	122
Pueblo Viejo2	549	237	124	2	4	182
Loulo-Gounkoto2	665	283	131	2	5	244
Kibali	299	136	66	—	4	93
Lumwana	360	247	103	17	5	(12)

North Mara2	307	136	38	—	26	107
Bulyanhulu2	230	114	31	—	17	68
Other Mines2	786	496	127	4	36	123
Reportable segment total	$5,756	$3,033	$1,025	$50	$104	$1,544
Share of equity investees	(299)	(136)	(66)	—	(4)	(93)
Segment total	$5,457	$2,897	$959	$50	$100	$1,451

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
Lumwana	498	225	71	2	5	195

North Mara2	280	110	33	2	—	135
Bulyanhulu2	249	119	31	—	6	93
Other Mines2	822	485	202	6	30	99
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

1Includes accretion expense, which is included within finance costs in the consolidated statement of income. For the three months ended June 30, 2023, accretion expense was $12 million (2022: $9 million) and for the six months ended June 30, 2023, accretion expense was $24 million (2022: $16 million).

2Includes non-controlling interest portion of revenues, cost of sales and segment income for the three months ended June 30, 2023 for Nevada Gold Mines $578 million, $390 million, $179 million (2022: $549 million, $354 million, $189 million), Pueblo Viejo $105 million, $70 million, $35 million (2022: $130 million, $78 million, $47 million), Loulo-Gounkoto $69 million, $40 million, $28 million (2022: $67 million, $39 million, $27 million), North Mara and Bulyanhulu $43 million, $26 million, $17 million (2022: $43 million, $25 million, $17 million), and Tongon $11 million, $7 million, $2 million (2022: $9 million, $9 million, $(1) million) and for the six months ended June 30, 2023 for Nevada Gold Mines $1,083 million, $769 million, $299 million (2022: $1,105 million, $687 million, $417 million), Pueblo Viejo $221 million, $143 million, $77 million (2022: $265 million, $153 million, $106 million), Loulo-Gounkoto $133 million, $83 million, $50 million (2022: $131 million, $76 million, $54 million), North Mara and Bulyanhulu $86 million, $51 million, $29 million (2022: $85 million, $47 million, $36 million) and Tongon $22 million, $16 million, $5 million (2022: $17 million, $18 million, $(2) 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
	2023	2022	2023	2022
Segment income	$828	$912	$1,451	$2,036
Other revenue	12	39	19	24
Other cost of sales/amortization	(10)	(8)	(22)	(18)
Exploration, evaluation and project expenses not attributable to segments	(72)	(68)	(122)	(123)
General and administrative expenses	(28)	(30)	(67)	(84)
Other income not attributable to segments	6	23	4	23
Impairment charges	(22)	(3)	(23)	(5)
Gain (loss) on currency translation	12	(6)	(26)	(9)
Closed mine rehabilitation	13	128	(9)	125
Income from equity investees	58	89	111	188
Finance costs, net (includes non-segment accretion)	(32)	(80)	(78)	(161)
Gain on non-hedge derivatives	1	—	2	7
Income before income taxes	$766	$996	$1,240	$2,003


Capital Expenditures Information	Segment capital expenditures1
	For the three months ended June 30		For the six months ended June 30
	2023	2022	2023	2022
Carlin	$143	$130	$263	$247
Cortez	115	126	201	219
Turquoise Ridge	23	44	50	86
Pueblo Viejo	119	150	246	294
Loulo-Gounkoto	91	82	195	144
Kibali	25	21	44	38
Lumwana	72	78	124	135

North Mara	45	35	85	57
Bulyanhulu	23	23	43	35
Other Mines	54	67	115	125
Reportable segment total	$710	$756	$1,366	$1,380
Other items not allocated to segments	92	29	133	63
Total	$802	$785	$1,499	$1,443
Share of equity investees	(25)	(21)	(44)	(38)
Total	$777	$764	$1,455	$1,405

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, 2023, cash expenditures were $769 million (2022: $755 million) and the increase in accrued expenditures was $8 million (2022: $9 million increase). For the six months ended June 30, 2023, cash expenditures were $1,457 million (2022: $1,366 million) and the decrease in accrued expenditures was $2 million (2022: $39 million increase).


Lumwana		Cost of Sales
For the year ended	Revenue	Site operating costs, royalties and community relations	Depreciation	Exploration, evaluation and project expenses	Other expenses (income)1	Segment income (loss)	Capital Expenditures
December 31, 2022	$868	$443	$223	$11	$11	$180	$380
December 31, 2021	$962	$373	$197	$—	$1	$391	$222