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Goodwill (Tables)
12 Months Ended
Dec. 31, 2025
Text Block1 [Abstract]  
Reconciliation of Goodwill
 
Million US dollar
  
31 December 2025
    
  31 December 2024
 
                   
Acquisition cost
  
 
 
 
  
 
 
 
Balance at end of previous year
  
 
112 637
 
  
 
119 302
 
Effect of movements in foreign exchange
  
 
7 634
 
  
 
(7 082)
 
Transfers (to)/from other assets categories¹
  
 
(164)
 
  
 
(7)
 
Hyperinflation monetary adjustments
  
 
169
 
  
 
425
 
Balance at end of the period
  
 
120 276
 
  
 
112 637
 
                   
Impairment losses
  
 
 
 
  
 
 
 
Balance at end of previous year
  
 
(2 158)
 
  
 
(2 259)
 
Effect of movements in foreign exchange
  
 
(209)
 
  
 
101
 
Balance at end of the period
  
 
(2 368)
 
  
 
(2 158)
 
                   
Carrying amount
  
 
 
 
  
 
 
 
Balance at end of the period
  
 
117 908
 
  
 
110 479
 
1
The transfer (to)/from other asset categories relates mainly to the separate presentation in the statement of financial position of goodwill held for sale in accordance with IFRS 5 Non-current assets held for sale and discontinued operations.
• Amended to conform to the 2025 presentation.
Summary of Carrying Amount of Goodwill Allocated to Different Cash-generating Units
The carrying amount of goodwill was allocated to the different cash-generating units as follows:
 
 
1
The transfer (to)/from other asset categories relates mainly to the separate presentation in the statement of financial position of goodwill held for sale in accordance with IFRS 5 Non-current assets held for sale and discontinued operations.
• Amended to conform to the 2025 presentation.
 
Million US dollar
  
31 December 2025
    
  31 December 2024
2
 
                   
United States
  
 
33 330
 
  
 
33 387
 
Rest of North America
  
 
1 959
 
  
 
1 864
 
Mexico
  
 
13 819
 
  
 
12 250
 
Colombia
  
 
16 277
 
  
 
13 821
 
Rest of Middle Americas
  
 
24 465
 
  
 
23 205
 
Brazil
  
 
3 323
 
  
 
2 953
 
Rest of South America
  
 
1 323
 
  
 
1 345
 
Europe
  
 
2 859
 
  
 
2 557
 
South Africa
  
 
9 796
 
  
 
8 584
 
Rest of Africa
  
 
4 626
 
  
 
4 547
 
China
  
 
3 073
 
  
 
2 948
 
Rest of Asia Pacific
  
 
3 057
 
  
 
2 998
 
Global Export and Holding Companies
  
 
-
 
  
 
21
 
Total carrying amount of goodwill
  
 
117 908
 
  
 
110 479
 
Summary of Weighted Average Cost of Capital
The WACC applied in US dollar nominal terms were as follows:
 
Cash-generating unit
  
31 December 2025
            
 31 December 2024
 
                            
Colombia
  
 
9%
 
  
 
 
 
  
 
10%
 
South Africa
  
 
10%
 
  
 
 
 
  
 
11%
 
Rest of Asia Pacific
  
 
8%
 
  
 
 
 
  
 
8%
 
United States
  
 
7%
 
  
 
 
 
  
 
7%