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SEGMENT INFORMATION (Tables)
12 Months Ended
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)
Carlin2
$3,041  $1,522  $307  $12  $11  $1,189 
Cortez2
1,725  752  253  9  6  705 
Turquoise Ridge2
1,177  603  179  6  1  388 
Pueblo Viejo2
1,429  629  295  4  8  493 
Loulo-Gounkoto2
1,346  475  223    123  525 
Kibali 743  281  134    12  316 
Lumwana 855  460  244    16  135 
North Mara2
770  312  83    57  318 
Bulyanhulu2
495  234  63    5  193 
Other Mines2
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)
Carlin2
$2,760  $1,475  $314  $23  $10  $938 
Cortez2
1,737  810  364  14  542 
Turquoise Ridge2
1,008  533  189  280 
Pueblo Viejo2
1,118  536  255  316 
Loulo-Gounkoto2
1,335  570  247  —  34  484 
Kibali 670  272  147  —  243 
Lumwana 795  466  257  37  (2) 37 
North Mara2
591  288  77  —  61  165 
Bulyanhulu2
442  220  62  —  13  147 
Other Mines2
1,591  975  246  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 
1Includes 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).
2Includes 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 
Income before income taxes $4,608  $2,814 


Geographic Information
  Non-current assets
Revenue1
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 
Argentina 1,667  1,209  683  368 
Pakistan 934  754    — 
Papua New Guinea 781  704   
Canada 522  503  320  277 
Saudi Arabia 403  391    — 
Côte d'Ivoire 188  224  399  398 
Peru 64  71   
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.
Capital Expenditures Information 
 
Segment Capital Expenditures1
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 
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. 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
Revenue1
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 
Argentina 1,667  1,209  683  368 
Pakistan 934  754    — 
Papua New Guinea 781  704   
Canada 522  503  320  277 
Saudi Arabia 403  391    — 
Côte d'Ivoire 188  224  399  398 
Peru 64  71   
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.