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Other Reserves (Tables)
 12 Months Ended
Dec. 31, 2023
Disclosure of reserves within equity [abstract]  
Summary of information about other reserves
 
 
 
 
 
 
 
 
 
 
 
 
 
       
2023
     US$m
       
2022
     US$m
       
2021
     US$m
  
Other reserves
                                 
Employee benefits reserve
     
 
290
 
     
 
278
 
     
 
232
 
Foreign currency translation reserve
     
 
795
 
     
 
796
 
     
 
793
 
Hedging reserve
1
     
 
88
 
     
 
(586)
 
     
 
(400)
 
Distributable profits reserve
2
     
 
4,118
 
     
 
3,541
 
     
 
58
 
Other reserves
     
 
(30)
 
     
 
2
 
     
 
-
 
      
 
5,261
 
     
 
4,031
 
     
 
683
 
 
1.
For the year ended 31 December 202
3
, the portion of the hedging reserve relating to settled hedges is
$80 million (2022:
 
$226 million
)
.
2.
For the year ended 31 December 2023, the Group transferred $4,830 million (2022:
 $5,553
 million) of retained earnings to the distributable profits reserve. The increase was offset by the 2022 final and 2023 interim dividend payments of $4,253 million (2022 interim dividend payment:
$2,070
 
million).