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Consolidated balance sheet - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Non-current assets    
Goodwill $ 2,556 $ 727
Intangible assets 5,165 2,804
Property, plant and equipment 79,131 68,573
Investments in equity accounted units 5,436 4,837
Inventories 308 222
Deferred tax assets 3,971 4,016
Receivables and other assets 1,655 1,397
Other financial assets 1,624 1,090
Total non-current assets 99,846 83,666
Current assets    
Inventories 6,831 5,860
Receivables and other assets 4,573 4,241
Tax recoverable 221 105
Other financial assets 319 419
Cash and cash equivalents 9,015 8,495
Total current assets 20,959 19,120
Total assets 120,805 102,786
Current liabilities    
Borrowings (448) (180)
Leases (427) (354)
Other financial liabilities (93) (112)
Trade and other payables (9,233) (8,178)
Tax payable (629) (585)
Close-down, restoration and environmental provisions (1,252) (1,183)
Provisions for post-retirement benefits and other employment costs (427) (359)
Other provisions (1,230) (792)
Total current liabilities (13,739) (11,743)
Non-current liabilities    
Borrowings (21,583) (12,262)
Leases (1,182) (1,059)
Other financial liabilities (530) (591)
Trade and other payables (894) (543)
Tax payable (40) (28)
Deferred tax liabilities (4,091) (2,635)
Close-down, restoration and environmental provisions (15,278) (14,548)
Provisions for post-retirement benefits and other employment costs (1,149) (1,097)
Other provisions (352) (315)
Total non-current liabilities (45,099) (33,078)
Total liabilities (58,838) (44,821)
Net assets 61,967 57,965
Capital and reserves    
Share premium account 4,328 4,326
Other reserves 7,078 5,114
Retained earnings 43,377 42,539
Equity attributable to owners of Rio Tinto 58,203 55,246
Attributable to non-controlling interests 3,764 2,719
Total equity 61,967 57,965
Rio Tinto Plc    
Capital and reserves    
Share capital [1] 207 207
Rio Tinto Limited    
Capital and reserves    
Share capital [1] $ 3,213 $ 3,060
[1] At 30 June 2025, Rio Tinto plc had 1,254.0 million ordinary shares in issue and held by the public, and Rio Tinto Limited had 371.2 million shares in issue and held by the public. There were no cross holdings of shares between Rio Tinto Limited and Rio Tinto plc in either period presented.