XML 97 R76.htm IDEA: XBRL DOCUMENT v3.25.0.1
Income tax - Reconciliation of income tax charge and the profit (loss) before tax (Details) - USD ($)
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Income tax disclosure [line items]      
Profit/(loss) before tax $ 10,000,000 $ (71,000,000) $ 256,000,000
Profit/(loss) before tax multiplied by the standard rate of Luxembourg corporation tax: 24.94% 2,000,000 (18,000,000) 64,000,000
Tax losses for which no deferred income tax asset was recognized 14,000,000 25,000,000 14,000,000
Adjustment in respect of prior years (2,000,000) (25,000,000) 1,000,000
Income subject to state and other local income taxes 5,000,000 6,000,000 8,000,000
Income taxed at rates other than standard tax rates (10,000,000) (13,000,000) (59,000,000)
Non-deductible & Other items 4,000,000 4,000,000 (9,000,000)
Income tax charge/(credit) $ 13,000,000 $ (21,000,000) $ 19,000,000
Tax rate 24.94% 24.94% 24.94%
Tax Credits   $ 29,000,000  
Current tax expense related to Pillar Two top-up tax $ 0    
LUXEMBOURG      
Income tax disclosure [line items]      
Tax rate 24.94%    
Exceptional items.      
Income tax disclosure [line items]      
Income tax charge/(credit) $ 8,000,000 $ (14,000,000) $ (17,000,000)