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Finance Costs and Income (Tables)
12 Months Ended
Dec. 31, 2024
Text Block 1 [Abstract]  
Summary of finance costs and Iincome Explanatory

Years ended December 31,

 

2024

 

 

2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Finance Costs

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest on debt

 

$

86

 

 

$

101

 

 

 

 

 

 

 

 

Accretion of Notes discount1

 

12

 

 

 

8

 

 

 

 

 

 

 

 

Lease interest expense

 

4

 

 

 

5

 

 

 

 

 

 

 

 

Other interest expense

 

1

 

 

 

4

 

 

 

 

 

 

 

 

Total finance costs

 

$

103

 

 

$

118

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Finance Income

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest income

 

$

5

 

 

$

24

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net finance costs

 

$

98

 

 

$

94

 

 

 

 

 

 

 

 

1 Accretion of Notes discount for the year ended December 31, 2024, includes $3 million of accretion related to the early redemption of 10 percent of the Notes. Refer to Note 17 “Long-Term Debt” for further details.