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CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities      
Cash generated from operations $ 659,000,000 $ 814,000,000 $ 322,000,000
Net interest paid (189,000,000) (174,000,000) (123,000,000)
Settlement of foreign currency derivative financial instruments. 8,000,000 (10,000,000) 41,000,000
Income tax paid (28,000,000) (14,000,000) (35,000,000)
Net cash from operating activities 450,000,000 616,000,000 205,000,000
Cash flows used in investing activities      
Purchase of property, plant and equipment (167,000,000) (368,000,000) (585,000,000)
Purchase of intangible assets (20,000,000) (11,000,000) (11,000,000)
Proceeds from disposal of property, plant and equipment 8,000,000 1,000,000 1,000,000
Net cash used in investing activities (179,000,000) (378,000,000) (595,000,000)
Cash flows (used in)/from financing activities      
Proceeds from borrowings 517,000,000 79,000,000 709,000,000
Repayment of borrowings (229,000,000) (83,000,000) (110,000,000)
Lease payments (97,000,000) (78,000,000) (59,000,000)
Dividends paid (264,000,000) (263,000,000) (251,000,000)
Deferred debt issue costs paid (8,000,000) (3,000,000) (11,000,000)
Proceeds from ordinary share issuance, net of costs     (1,000,000)
Proceeds from preferred share issuance, net of costs     257,000,000
Treasury shares purchased     (35,000,000)
Net cash (outflow)/inflow from financing activities (81,000,000) (348,000,000) 499,000,000
Net increase/(decrease) in cash, cash equivalents and restricted cash 190,000,000 (110,000,000) 109,000,000
Cash, cash equivalents and restricted cash at the beginning of the year 443,000,000 555,000,000 463,000,000
Exchange losses on cash, cash equivalents and restricted cash (23,000,000) (2,000,000) (17,000,000)
Cash, cash equivalents and restricted cash at the end of the year $ 610,000,000 $ 443,000,000 $ 555,000,000