XML 458 R75.htm IDEA: XBRL DOCUMENT
v3.25.0.1

Our capital and liquidity (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2024
Disclosure of detailed information about financial instruments [abstract] |
Disclosure of issued capital | Our total capital as at 31 December is shown in the table below.
| Note | 2024 US$m | 2023 US$m
Equity attributable to owners of Rio Tinto (see consolidated balance sheet) |  | 55,246 | 54,586
Equity attributable to non-controlling interests (see consolidated balance sheet) |  | 2,719 | 1,755
Net debt | 19 | 5,491 | 4,231
Total capital |  | 63,456 | 60,572
Summary of credit ratings | Our credit ratings as at 31 December, as provided by Standard & Poor’s and Moody’s Investor Services, were:
| 2024 | 2023
Long-term rating | A/A1 | A/A1
Short-term rating | A-1/P-1 | A-1/P-1
Outlook | Stable/Stable | Stable/Stable
Summary of financial liability analysis | In the table below, we summarise the maturity profile of our financial liabilities on our balance sheet based on contractual undiscounted payments as at 31 December. When the amount payable is not fixed, the amount disclosed is determined by reference to the conditions existing at the end of the reporting period. This will, therefore, not necessarily agree with the amounts disclosed as the carrying value.
| 2024 | 2023
(Outflows)/Inflows | Within 1 year or on demand US$m | Between 1 and 2 years US$m | Between 2 and 5 years US$m | After 5 years US$m | Total US$m | Within 1 year or on demand US$m | Between 1 and 2 years US$m | Between 2 and 5 years US$m | After 5 years US$m | Total US$m
Non-derivative financial liabilities |  |  |  |  |  |  |  |  |  |
Trade and other financial payables(a) | (6,032) | (30) | (43) | (307) | (6,412) | (5,769) | (57) | (68) | (308) | (6,202)
Expected lease liability payments | (398) | (306) | (488) | (551) | (1,743) | (385) | (285) | (442) | (574) | (1,686)
Borrowings before swaps | (185) | (630) | (3,007) | (8,854) | (12,676) | (845) | (17) | (2,385) | (10,011) | (13,258)
Expected future interest payments(a) | (748) | (729) | (1,873) | (4,260) | (7,610) | (803) | (781) | (2,156) | (4,886) | (8,626)
Other financial liabilities | – | – | – | – | – | (4) | – | – | – | (4)
Derivative financial liabilities(b) |  |  |  |  |  |  |  |  |  |
Derivatives related to net debt – net settled | (78) | (50) | (86) | (17) | (231) | (161) | (87) | (163) | – | (411)
Derivatives related to net debt – gross settled(a) |  |  |  |  |  |  |  |  |  |
–gross inflows | 13 | 25 | 701 | – | 739 | 502 | 26 | 77 | 664 | 1,269
–gross outflows | (34) | (34) | (909) | – | (977) | (620) | (34) | (102) | (841) | (1,597)
Derivatives not related to net debt – net settled | (81) | (33) | (117) | (149) | (380) | (76) | (54) | (124) | (54) | (308)
Derivatives not related to net debt – gross settled |  |  |  |  |  |  |  |  |  |
–gross inflows | 240 | – | – | – | 240 | 499 | – | – | – | 499
–gross outflows | (240) | – | – | – | (240) | (501) | – | – | – | (501)
Total | (7,543) | (1,787) | (5,822) | (14,138) | (29,290) | (8,163) | (1,289) | (5,363) | (16,010) | (30,825)
(a)The interest payable at the year-end is removed from trade and other financial payables and shown within expected future interest payments and derivatives related to net debt. Interest payments have been projected using interest rates applicable at the end of the applicable financial year. Where debt is subject to variable interest rates, future interest payments are subject to change in line with market rates. (b)The maturity grouping is based on the earliest payment date. Our weighted average debt maturity including leases and derivatives related to debt was approximately 11 years (2023: 12 years).

X
- References No definition available. + Details
Name: | ifrs-full_DisclosureOfFinancialInstrumentsAbstract
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of issued capital. [Refer: Issued capital] + 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
Name: | ifrs-full_DisclosureOfIssuedCapitalExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-2022:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure Of External Credit Exposures Explanatory1 + References No definition available. + Details
Name: | rio_DisclosureOfExternalCreditExposuresExplanatory1TableTextBlock
Namespace Prefix: | rio_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Financial Liability Analysis + References No definition available. + Details
Name: | rio_FinancialLiabilityAnalysisTableTextBlock
Namespace Prefix: | rio_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration