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Financial instruments (Tables)
 6 Months Ended
Dec. 31, 2021
Disclosure of detailed information about financial instruments [abstract]  
Schedule of financial assets and liabilities measured at fair value
The group’s financial assets and liabilities measured at fair value are categorised as follows:
31 December 202130 June 202131 December 2020
£ million£ million£ million
Derivative assets381 443 489 
Derivative liabilities(237)(129)(150)
Valuation techniques based on observable market input (Level 2)144 314 339 
Financial assets - other167 138 122 
Financial liabilities - other(483)(578)(481)
Valuation techniques based on unobservable market input (Level 3)(316)(440)(359)
Schedule of movements in level 3 instruments
The movements in level 3 instruments, measured on a recurring basis, are as follows:

 Zacapa
financial
liability
Contingent consideration recognised on acquisition of businesses(i)
Zacapa
financial
liability		Contingent consideration recognised on acquisition of businesses
Six months ended 31 December 2021Six months ended 31 December 2021Six months ended 31 December 2020Six months ended 31 December 2020
£ million£ million£ million£ million
At the beginning of the period(149)(429)(167)(249)
Net (losses)/gains included in the income statement(7)18 2 (17)
Net (losses)/gains included in exchange in other comprehensive income(4)(9)15 27 
Net (losses)/gains included in retained earnings(12)— 1 — 
Acquisitions— — — (181)
Settlement of liabilities3 106 1 87 
At the end of the period(169)(314)(148)(333)
(i)    Included in the balance at 31 December 2021 is £nil in respect of the acquisition of Casamigos as it was fully repaid on 17 September 2021 (2020 - £80 million), £163 million in respect of the acquisition of Aviation Gin and Davos Brands (2020 - £172 million), and £51 million in respect of the acquisition of Far West Spirits LLC, owner of the Lone River Ranch Water brand (2020 - £nil).