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SEGMENT INFORMATION (Tables) | 12 Months Ended
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Dec. 31, 2024
Operating segments [Abstract] |
Schedules of segment information | Consolidated Statements of Income Information
|  | Cost of Sales |  |  |  |
For the year ended December 31, 2024 | Revenue | Site operating costs, royalties and community relations | Depreciation | Exploration, evaluation and project expenses | Other expenses (income)1 | Segment income (loss) |
Carlin 2 | $3,041 |  | $1,522 |  | $307 |  | $12 |  | $11 |  | $1,189 |  |
Cortez 2 | 1,725 |  | 752 |  | 253 |  | 9 |  | 6 |  | 705 |  |
Turquoise Ridge 2 | 1,177 |  | 603 |  | 179 |  | 6 |  | 1 |  | 388 |  |
Pueblo Viejo 2 | 1,429 |  | 629 |  | 295 |  | 4 |  | 8 |  | 493 |  |
Loulo-Gounkoto 2 | 1,346 |  | 475 |  | 223 |  | — |  | 123 |  | 525 |  |
Kibali | 743 |  | 281 |  | 134 |  | — |  | 12 |  | 316 |  |
Lumwana | 855 |  | 460 |  | 244 |  | — |  | 16 |  | 135 |  |
North Mara 2 | 770 |  | 312 |  | 83 |  | — |  | 57 |  | 318 |  |
Bulyanhulu 2 | 495 |  | 234 |  | 63 |  | — |  | 5 |  | 193 |  |
Other Mines 2 | 2,076 |  | 1,036 |  | 229 |  | 10 |  | 74 |  | 727 |  |
Reportable segment total | $13,657 |  | $6,304 |  | $2,010 |  | $41 |  | $313 |  | $4,989 |  |
Share of equity investee | (743) |  | (281) |  | (134) |  | — |  | (12) |  | (316) |  |
Segment total | $12,914 |  | $6,023 |  | $1,876 |  | $41 |  | $301 |  | $4,673 |  |
Consolidated Statements of Income Information
|  | Cost of Sales |  |  |  |
For the year ended December 31, 2023 | Revenue | Site operating costs, royalties and community relations | Depreciation | Exploration, evaluation and project expenses | Other expenses (income)1 | Segment income (loss) |
Carlin 2 | $2,760 |  | $1,475 |  | $314 |  | $23 |  | $10 |  | $938 |  |
Cortez 2 | 1,737 |  | 810 |  | 364 |  | 14 |  | 7 |  | 542 |  |
Turquoise Ridge 2 | 1,008 |  | 533 |  | 189 |  | 5 |  | 1 |  | 280 |  |
Pueblo Viejo 2 | 1,118 |  | 536 |  | 255 |  | 4 |  | 7 |  | 316 |  |
Loulo-Gounkoto 2 | 1,335 |  | 570 |  | 247 |  | — |  | 34 |  | 484 |  |
Kibali | 670 |  | 272 |  | 147 |  | — |  | 8 |  | 243 |  |
Lumwana | 795 |  | 466 |  | 257 |  | 37 |  | (2) |  | 37 |  |
North Mara 2 | 591 |  | 288 |  | 77 |  | — |  | 61 |  | 165 |  |
Bulyanhulu 2 | 442 |  | 220 |  | 62 |  | — |  | 13 |  | 147 |  |
Other Mines 2 | 1,591 |  | 975 |  | 246 |  | 6 |  | 78 |  | 286 |  |
Reportable segment total | $12,047 |  | $6,145 |  | $2,158 |  | $89 |  | $217 |  | $3,438 |  |
Share of equity investee | (670) |  | (272) |  | (147) |  | — |  | (8) |  | (243) |  |
Segment total | $11,377 |  | $5,873 |  | $2,011 |  | $89 |  | $209 |  | $3,195 |  |
1 Includes accretion expense, which is included with finance costs in the consolidated statements of income. For the year ended December 31, 2024, accretion expense was $53 million (2023: $49 million). 2 Includes non-controlling interest portion of revenues, cost of sales and segment income (loss) for the year ended December 31, 2024, for Pueblo Viejo, $578 million, $370 million, $208 million (2023: $448 million, $315 million, $130 million), Nevada Gold Mines, $2,539 million, $1,530 million, $989 million (2023: $2,329 million, $1,580 million, $724 million), North Mara and Bulyanhulu, $203 million, $111 million, $81 million (2023: $165 million, $103 million, $50 million), Loulo-Gounkoto, $269 million, $140 million, $107 million (2023: $267 million, $163 million, $99 million) and Tongon, $41 million, $32 million, $1 million (2023: $41 million, $31 million, $10 million). Reconciliation of Segment Income to Income Before Income Taxes
For the years ended December 31 | 2024 | 2023
Segment income | $4,673 |  | $3,195 |
Other revenue | 8 |  | 20 |
Other cost of sales/amortization | (62) |  | (48) |
Exploration, evaluation and project expenses not attributable to segments | (351) |  | (272) |
General and administrative expenses | (115) |  | (126) |
Other income not attributable to segments | 21 |  | 354 |
Impairment reversals (charges) | 457 |  | (312) |
Loss on currency translation | (39) |  | (93) |
Closed mine rehabilitation | (59) |  | (16) |
Income from equity investees | 241 |  | 232 |
Finance costs, net (includes non-segment accretion) | (179) |  | (121) |
Gain on non-hedge derivatives | 13 |  | 1 |
Income before income taxes | $4,608 |  | $2,814 |
Geographic Information
| Non-current assets | Revenue 1
| As at December 31, 2024 |  | As at December 31, 2023 | 2024 | 2023
United States | $17,305 |  |  | $16,782 |  | $6,616 |  | $6,051 |
Dominican Republic | 5,163 |  |  | 5,156 |  | 1,429 |  | 1,118 |
Mali | 3,441 |  |  | 3,743 |  | 1,346 |  | 1,335 |
Zambia | 2,804 |  |  | 1,949 |  | 855 |  | 795 |
Tanzania | 2,209 |  |  | 2,003 |  | 1,265 |  | 1,033 |
Democratic Republic of Congo | 2,020 |  |  | 2,118 |  | — |  | — |
Chile | 1,920 |  |  | 1,930 |  | 9 |  | 8 |
Argentina | 1,667 |  |  | 1,209 |  | 683 |  | 368 |
Pakistan | 934 |  |  | 754 |  | — |  | — |
Papua New Guinea | 781 |  |  | 704 |  | — |  | 9 |
Canada | 522 |  |  | 503 |  | 320 |  | 277 |
Saudi Arabia | 403 |  |  | 391 |  | — |  | — |
Côte d'Ivoire | 188 |  |  | 224 |  | 399 |  | 398 |
Peru | 64 |  |  | 71 |  | — |  | 5 |
Unallocated | 573 |  |  | 836 |  | — |  | — |
Total | $39,994 |  |  | $38,373 |  | $12,922 |  | $11,397 |
1 Geographic location is presented based on the location of the mine from which the product originated. Capital Expenditures Information
| Segment Capital Expenditures 1
| As at December 31, 2024 | As at December 31, 2023
Carlin | $818 |  | $615 |
Cortez | 397 |  | 427 |
Turquoise Ridge | 103 |  | 102 |
Pueblo Viejo | 269 |  | 441 |
Loulo-Gounkoto | 383 |  | 375 |
Kibali | 127 |  | 83 |
Lumwana | 457 |  | 320 |
North Mara | 178 |  | 206 |
Bulyanhulu | 150 |  | 107 |
Other Mines | 261 |  | 231 |
Reportable segment total | $3,143 |  | $2,907 |
Other items not allocated to segments | 274 |  | 298 |
Total | $3,417 |  | $3,205 |
Share of equity investee | (127) |  | (83) |
Total | $3,290 |  | $3,122 |
1 Segment 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. In 2024, cash expenditures were $3,174 million (2023: $3,086 million) and the increase in accrued expenditures was $116 million (2023: $36 million increase).
Schedule of non-current assets at revenue by geographic area | Geographic Information
| Non-current assets | Revenue 1
| As at December 31, 2024 |  | As at December 31, 2023 | 2024 | 2023
United States | $17,305 |  |  | $16,782 |  | $6,616 |  | $6,051 |
Dominican Republic | 5,163 |  |  | 5,156 |  | 1,429 |  | 1,118 |
Mali | 3,441 |  |  | 3,743 |  | 1,346 |  | 1,335 |
Zambia | 2,804 |  |  | 1,949 |  | 855 |  | 795 |
Tanzania | 2,209 |  |  | 2,003 |  | 1,265 |  | 1,033 |
Democratic Republic of Congo | 2,020 |  |  | 2,118 |  | — |  | — |
Chile | 1,920 |  |  | 1,930 |  | 9 |  | 8 |
Argentina | 1,667 |  |  | 1,209 |  | 683 |  | 368 |
Pakistan | 934 |  |  | 754 |  | — |  | — |
Papua New Guinea | 781 |  |  | 704 |  | — |  | 9 |
Canada | 522 |  |  | 503 |  | 320 |  | 277 |
Saudi Arabia | 403 |  |  | 391 |  | — |  | — |
Côte d'Ivoire | 188 |  |  | 224 |  | 399 |  | 398 |
Peru | 64 |  |  | 71 |  | — |  | 5 |
Unallocated | 573 |  |  | 836 |  | — |  | — |
Total | $39,994 |  |  | $38,373 |  | $12,922 |  | $11,397 |
1Geographic location is presented based on the location of the mine from which the product originated.

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