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Property, plant and equipment (Tables)
12 Months Ended
Dec. 31, 2024
Text Block1 [Abstract]  
Summary of Property, Plant and Equipment Owned and Leased Assets
Property, plant and equipment comprises owned and leased assets, as follows:
 
Million US dollar
  
31 December 2024
    
  31 December 2023
 
                   
Property, plant and equipment owned
  
21 295
  
24 092
Property, plant and equipment leased
(right-of-use
assets)
  
2 209
  
2 726
Total property, plant and equipment
  
23 503
    
26 818
 
Summary of Property, Plant and Equipment
 
    
31 December 2024 
            
31 December 2023 
 
Million US dollar
  
Land and
buildings
    
Plant and
equipment,
fixtures and
fittings
    
Under
construction
    
    Total
    
Total
 
                                              
Acquisition cost
  
  
  
  
  
Balance at end of previous year
  
13 071
    
39 783
    
1 669
    
54 522
    
52 269
 
Effect of movements in foreign exchange
  
(1 015)
  
(3 240)
  
(170)
  
(4 424)
  
1 039
Acquisitions
  
25
  
1 025
  
1 940
  
2 989
  
3 890
Acquisitions through business combinations
  
11
  
5
  
-
  
16
  
-
Disposals through sale and derecognition
  
(210)
  
(2 051)
  
(9)
  
(2 271)
  
(1 665)
Disposals through the sale of subsidiaries
  
(2)
  
(7)
  
-
  
(9)
  
-
Transfer (to)/from other asset categories and other movements¹
  
446
  
2 540
  
(2 263)
  
724
  
(1 011)
Balance at end of the period
  
12 325
    
38 056
    
1 166
    
51 547
    
54 522
 
                                              
Depreciation and impairment losses
  
  
  
  
  
Balance at end of previous year
  
(5 017)
  
(25 414)
  
-
  
(30 430)
  
(28 024)
Effect of movements in foreign exchange
  
335
  
2 032
  
-
  
2 367
  
(594)
Depreciation
  
(391)
  
(3 127)
  
-
  
(3 518)
  
(3 573)
Disposals through sale and derecognition
  
127
  
1 992
  
2
  
2 121
  
1 533
Disposals through the sale of subsidiaries
  
1
  
4
  
-
  
5
  
-
Impairment losses
  
(29)
  
(215)
  
(2)
  
(247)
  
(181)
Transfer to/(from) other asset categories and other movements¹
  
(44)
  
(506)
  
-
  
(550)
  
409
Balance at end of the period
  
(5 018)
  
(25 235)
  
-
  
(30 252)
  
(30 430)
                                              
Carrying amount
  
  
  
  
  
at 31 December 2023
  
8 054
    
14 370
    
1 669
    
24 092
    
24 092
 
at 31 December 2024
  
7 307
    
12 821
    
1 166
    
21 295
    
-
 
 
1
The transfer (to)/from other asset categories and other movements relates mainly to transfers from assets under construction to their respective asset categories, to contributions of assets to pension plans, to the separate presentation in the statement of financial position of property, plant and equipment held for sale in accordance with IFRS 5
Non-current assets held for sale and discontinued operations
and to the restatement of non-monetary assets under hyperinflation accounting in line with IAS 29
Financial reporting in hyperinflationary economies
.
Summary of Property, Plant and Equipment Leased (right- of- use assets)
Property, plant and equipment leased by the company
(right-of-use
assets) is detailed as follows:
 
    
31 December 2024
 
Million US dollar
  
Land and buildings
   
Machinery,
 equipment and
other
   
     Total
 
                          
Net carrying amount at 31 December
  
1 443
 
766
 
2 209
 
Depreciation for the year ended 31 December
  
(433
 
(349
 
(782
 
    
31 December 2023
 
Million US dollar
  
Land and buildings
    
Machinery,
 equipment and
other
    
     Total
 
                            
Net carrying amount at 31 December
  
1 753 
  
973 
  
2 726 
 
Depreciation for the year ended 31 December
  
(446)
  
(360)
  
(806)