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Earnings per ordinary share
12 Months Ended
Dec. 31, 2021
Earnings per share [abstract]  
Earnings per ordinary share
10 Earnings per ordinary share

2021
Earnings
US$m
2021
Weighted
average
number of
shares
(millions)
2021
Per share
amount
(cents)
2020
Earnings
US$m
2020
Weighted
average
number of
shares
(millions)
2020
Per share
amount
(cents)
Basic earnings per share attributable to ordinary shareholders of Rio Tinto(a)
21,094 1,618.4 1,303.4 9,769 1,617.4 604.0 
Diluted earnings per share attributable to ordinary shareholders of Rio Tinto(b)
21,094 1,628.9 1,295.0 9,769 1,628.6 599.8 

2019
Earnings
US$m
2019
Weighted
average
number of
shares
(millions)
2019
Per share
amount
(cents)
Basic earnings per share attributable to ordinary shareholders of Rio Tinto(a)
8,010 1,630.1 491.4 
Diluted earnings per share attributable to ordinary shareholders of Rio Tinto(b)
8,010 1,642.1 487.8 
(a)The weighted average number of shares is calculated as the average number of Rio Tinto plc shares outstanding not held as treasury shares of 1,247.4 million (2020: 1,246.5 million; 2019: 1,259.4 million) plus the average number of Rio Tinto Limited shares outstanding of 371.0 million (2020: 370.9 million; 2019: 370.7 million) over the relevant period. There were no cross holdings of shares between Rio Tinto Limited and Rio Tinto plc at 31 December 2021 (31 December 2020: nil).
(b)For the purposes of calculating diluted earnings per share, the effect of dilutive securities of 10.5 million shares in 2021 (2020: 11.2 million; 2019: 12.0 million) is added to the weighted average number of shares described in (a) above. This effect is calculated under the treasury stock method, in accordance with IAS 33 “Earnings per Share”. The Group’s only potential dilutive ordinary shares are share awards for which terms and conditions are described in note 41.