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Consolidated balance sheet - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Non-current assets    
Goodwill $ 727 $ 797
Intangible assets 2,804 4,389
Property, plant and equipment 68,573 66,468
Investments in equity accounted units 4,837 4,407
Inventories 222 214
Deferred tax assets 4,016 3,624
Receivables and other assets 1,397 1,659
Other financial assets 1,090 481
Non-current assets 83,666 82,039
Current assets    
Inventories 5,860 6,659
Receivables and other assets 4,241 3,945
Tax recoverable 105 115
Other financial assets 419 1,118
Cash and cash equivalents 8,495 9,673
Current assets 19,120 21,510
Total assets 102,786 103,549
Current liabilities    
Borrowings (180) (824)
Leases (354) (345)
Other financial liabilities (112) (273)
Trade and other payables (8,178) (8,238)
Tax payable (585) (542)
Close-down, restoration and environmental provisions (1,183) (1,523)
Provisions for post-retirement benefits and other employment costs (359) (361)
Other provisions (792) (637)
Current liabilities (11,743) (12,743)
Non-current liabilities    
Borrowings (12,262) (12,177)
Leases (1,059) (1,006)
Other financial liabilities (591) (513)
Trade and other payables (543) (596)
Tax payable (28) (31)
Deferred tax liabilities (2,635) (2,584)
Close-down, restoration and environmental provisions (14,548) (15,627)
Provisions for post-retirement benefits and other employment costs (1,097) (1,197)
Other provisions (315) (734)
Non-current liabilities (33,078) (34,465)
Total liabilities (44,821) (47,208)
Net assets 57,965 56,341
Capital and reserves    
Share premium account 4,326 4,324
Other reserves 5,114 8,328
Retained earnings 42,539 38,350
Equity attributable to owners of Rio Tinto 55,246 54,586
Attributable to non-controlling interests 2,719 1,755
Total equity 57,965 56,341
– Rio Tinto plc    
Capital and reserves    
Share capital 207 207
– Rio Tinto Limited    
Capital and reserves    
Share capital $ 3,060 $ 3,377