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Derivative financial instruments - Cash flow hedge - Narrative (Details)
€ in Millions, £ in Millions, $ in Millions
12 Months Ended
Dec. 31, 2023
GBP (£)
Dec. 31, 2022
GBP (£)
Dec. 31, 2021
GBP (£)
Dec. 31, 2023
EUR (€)
Dec. 31, 2023
USD ($)
Dec. 31, 2022
EUR (€)
Dec. 31, 2022
USD ($)
Derivative financial instruments              
Net gain (loss) on cash flow hedge | £ [1] £ 3 £ (6) £ 13        
Cash flow hedge              
Derivative financial instruments              
Hedge ratio 1            
Gain or (loss) due to ineffectiveness | £ £ 1 (1)          
Gain in hedge reserves related to continuing hedges | £ 6 3          
Gain in hedge reserves related to discontinued hedges | £ 0 0          
Bonds €400m, €500m, €850m, €600m | Cash flow hedge              
Derivative financial instruments              
Net gain (loss) on cash flow hedge | £ 3 (6)          
€400m bond maturing in 2024 | Cash flow hedge              
Derivative financial instruments              
Amount of hedged item       € 400   € 400  
Principal amount       400      
€500m bond maturing in 2026 | Cash flow hedge              
Derivative financial instruments              
Amount of hedged item       500   500  
Principal amount       500      
€850m bond maturing in 2027 | Cash flow hedge              
Derivative financial instruments              
Amount of hedged item       421   421  
Principal amount       850      
€600m bond maturing in 2028 | Cash flow hedge              
Derivative financial instruments              
Amount of hedged item       600   € 600  
Principal amount       € 600      
$700m term loan | Cash flow hedge              
Derivative financial instruments              
Amount of hedged item | $         $ 350   $ 0
Principal amount | $         $ 700    
Net gain (loss) on cash flow hedge | £ £ 0 £ 0          
[1] £3m net gain (2022 £6m net loss; 2021: £13m net gain) on cash flow hedge includes £28m loss (2022: £137m gain; 2021: £15m loss) from the effective portion of changes in fair value offset by reclassification to the cost of acquisition of £nil (2022: £118m gain; 2021: £nil) and reclassification to the income statement of £31m loss (2022: £25m gain; 2021: £28m loss) due to changes in foreign exchange rates.