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Finance income and finance costs | 12 Months Ended
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Dec. 31, 2024
Disclosure Of Finance Income And Finance Costs [Abstract] |
Finance income and finance costs | 9 Finance income and finance costs
| Note | 2024 US$m | 2023 US$m | 2022 US$m
Finance income from loans to equity accounted units |  | 24 | 4 | 3
Other finance income (including bank deposits, net investment in leases, and other financial assets) |  | 490 | 532 | 176
Total finance income |  | 514 | 536 | 179
Interest on: |  |  |  |
–Financial liabilities at amortised cost (excluding lease liabilities) and associated derivatives |  | (1,126) | (1,209) | (713)
–Lease liabilities |  | (70) | (50) | (49)
Fair value movements: |  |  |  |
–Bonds designated as hedged items in fair value hedges(a) |  | (9) | (190) | 526
–Derivatives designated as hedging instruments in fair value hedges(a) |  | 18 | 203 | (515)
Amounts capitalised(b) | 13 | 424 | 279 | 416
Total finance costs |  | (763) | (967) | (335)
(a)The main sources of ineffectiveness of the fair value hedges include changes in the timing of the cash flows of the hedging instrument compared to the underlying hedged item, and changes in the credit risk of parties to the hedging relationships. (b)We capitalise interest based on the Group or relevant subsidiary’s cost of borrowing (refer to note 13) or at the rate of project-specific debt (where applicable).

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- Definition The disclosure of finance income (cost). [Refer: Finance income (cost)] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2024-01-01 -Paragraph 10 -Subparagraph e -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2024-en-r&anchor=para_10_e&doctype=Standard -URIDate 2024-03-27 + Details
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- Definition Disclosure of finance income and finance costs. + References No definition available. + Details
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