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Group Balance Sheet - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
 [1]
Non-current assets    
Goodwill $ 797 $ 826
Intangible assets 4,389 3,645
Property, plant and equipment 66,468 64,734
Investments in equity accounted units 4,407 3,298
Inventories 214 203
Deferred tax assets 3,624 2,796
Receivables and other assets 1,659 1,893
Other financial assets 481 406
Total non-current assets 82,039 77,801
Current assets    
Inventories 6,659 6,213
Receivables and other assets 3,945 3,478
Tax recoverable 115 347
Other financial assets 1,118 2,160
Cash and cash equivalents 9,673 6,775
Total current assets 21,510 18,973
Total assets 103,549 96,774
Current liabilities    
Borrowings (824) (923)
Leases (345) (292)
Other financial liabilities (273) (69)
Trade and other payables (8,238) (8,047)
Tax payable (542) (223)
Close-down and restoration provisions (1,523) (1,142)
Provisions for post-retirement benefits and other employment costs (361) (353)
Other provisions (637) (554)
Total current liabilities (12,743) (11,603)
Non-current liabilities    
Borrowings (12,177) (10,148)
Leases (1,006) (908)
Other financial liabilities (513) (904)
Trade and other payables (596) (604)
Tax payable (31) (36)
Deferred tax liabilities (2,584) (3,164)
Close-down and restoration provisions (15,627) (14,617)
Provisions for post-retirement benefits and other employment costs (1,197) (1,305)
Other provisions (734) (744)
Total non-current liabilities (34,465) (32,430)
Total liabilities (47,208) (44,033)
Net assets 56,341 52,741
Capital and reserves    
Share premium account 4,324 4,322
Other reserves 8,328 7,755
Retained earnings 38,350 35,020
Equity attributable to owners of Rio Tinto 54,586 50,634
Attributable to non-controlling interests 1,755 2,107
Total equity 56,341 52,741
Rio Tinto plc    
Capital and reserves    
Share capital 207 207
Rio Tinto Limited    
Capital and reserves    
Share capital $ 3,377 $ 3,330
[1] Comparative information has been restated to reflect the adoption of narrow-scope amendments to IAS 12. Refer to page 166 for details.