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Equity (Tables)
 12 Months Ended
Jun. 30, 2024
Disclosure of reserves within equity [abstract]  
Schedule of allotted and fully paid share capital (a) Allotted and fully paid share capital – ordinary shares of 28101⁄108 pence each
 
Number of shares
million
Nominal value
$ million
At 30 June 2022 re-presented
2,498
875
Retranslation impact of opening balances(1)
—
36
Shares cancelled
(38)
(13)
At 30 June 2023 (re-represented)
2,460
898
Shares cancelled
(28)
(11)
At 30 June 2024
2,432
887
(1)  Includes foreign translation differences arising on the retranslation of reserves due to the change in the group’s presentation currency.
Schedule of movement in hedging and exchange reserve (b) Hedging and exchange reserve
 
Hedging
reserve
$ million
Exchange
reserve
$ million
Total
$ million
At 30 June 2021 (re-presented)
150
(3,368)
(3,218)
Other comprehensive loss
(118)
(521)
(639)
Retranslation impact of opening balances(1)
—
619
619
At 30 June 2022 (re-presented)
32
(3,270)
(3,238)
Other comprehensive income/(loss)
261
(256)
5
Retranslation impact of opening balances(1)
—
(173)
(173)
At 30 June 2023 (re-presented)
293
(3,699)
(3,406)
Other comprehensive loss
(154)
(613)
(767)
At 30 June 2024
139
(4,312)
(4,173)
(1)  Includes foreign translation differences arising on the retranslation of reserves due to the change in the group’s presentation currency.
Schedule of movements in own shares Movements in own shares
 
Number
of shares
million
Purchase
consideration
$ million
At 30 June 2021 (re-presented)
223
2,609
Retranslation impact of opening balances(1)
—
(334)
Share trust arrangements
(2)
(31)
Shares used to satisfy options
(2)
(21)
Shares purchased - share buyback programme
61
2,985
Shares cancelled
(61)
(2,985)
At 30 June 2022 (re-presented)
219
2,223
Retranslation impact of opening balances(1)
—
93
Share trust arrangements
(1)
(15)
Shares used to satisfy options
(2)
(15)
Shares purchased - share buyback programme
38
1,673
Shares cancelled
(38)
(1,673)
At 30 June 2023 (re-presented)
216
2,286
Share trust arrangements
(2)
(19)
Shares used to satisfy options
(2)
(17)
Shares purchased - share buyback programme
28
987
Shares cancelled
(28)
(987)
At 30 June 2024
212
2,250
(1)  Includes foreign translation differences arising on the retranslation of reserves due to the
      change in the group’s presentation currency.
Schedule of the monthly breakdown of shares purchased and the average price paid per share The monthly breakdown of all shares purchased and the average price paid per share (excluding expenses) for the year ended 30
June 2024 were as follows:
Period
Number of shares
purchased under
share buyback
programme
Total number of
shares purchased
Average
price paid
cents(2)
Authorised purchases
unutilised at month
end
July 2023
—
—
—
196,247,438
August 2023
—
—
—
196,247,438
1-28 September 2023
—
—
—
196,247,438
29-30 September 2023(1)
—
—
—
224,704,974
October 2023
6,218,199
6,218,199
3768
218,486,775
November 2023
4,396,943
4,396,943
3671
214,089,832
December 2023
2,521,196
2,521,196
3572
211,568,636
January 2024
3,328,361
3,328,361
3504
208,240,275
February 2024
339,788
339,788
3737
207,900,487
March 2024
5,896,084
5,896,084
3685
202,004,403
April 2024
4,475,478
4,475,478
3542
197,528,925
May 2024
267,276
267,276
3440
197,261,649
June 2024
—
—
—
197,261,649
Total
27,443,325
27,443,325
3644
197,261,649
(1)    New maximum number of purchasable shares was authorised by shareholders at the
AGM held on 28 September 2023.
(2)    Based on daily transaction rates.
Schedule of dividends (d) Dividends
2024
2023
2022
 
$ million
re-presented
$ million
re-presented
$ million
Amounts recognised as distributions to equity shareholders in the year
Final dividend for the year ended 30 June 2023
59.98 cents per share (2022 – 52.71 cents; 2021 – 59.91 cents)(1)
1,349
1,200
1,398
Interim dividend for the year ended 30 June 2024
40.50 cents per share (2023 – 38.57 cents; 2022 – 38.38 cents)(2)
894
871
888
2,243
2,071
2,286
(1)    Re-presented at exchange rate prevailing at AGM's date (2023 - 49.17 pence per share; 2022 - 46.82 pence; 2021 - 44.59 pence).
(2)    Re-presented at exchange date at the date of payment (2023 - 30.83 pence per share; 2022 - 29.36 pence). Interim dividend for the year ended 30 June 2024 was
declared in USD.
Schedule of amounts attributable to non controlling interests Summarised financial information for USL and other subsidiaries, after fair value adjustments on acquisition, and the amounts
attributable to non-controlling interests are as follows:
 
2024
2023
2022
 
USL
$ million
Others
$ million
Total
$ million
Total
re-presented
$ million
Total
re-presented
$ million
Income statement
Sales
3,183
3,041
6,224
6,409
7,710
Net sales
1,338
2,380
3,718
3,767
4,063
Profit for the year(1)
173
604
777
80
329
Other comprehensive (loss)/income(2)
(21)
5
(16)
(172)
(227)
Total comprehensive income/(loss)
152
609
761
(92)
102
Attributable to non-controlling interests
65
212
277
(66)
46
Balance sheet
Non-current assets(3)
1,336
4,405
5,741
5,354
6,071
Current assets
1,172
1,373
2,545
2,316
2,422
Non-current liabilities
(197)
(1,577)
(1,774)
(1,656)
(1,814)
Current liabilities
(518)
(1,220)
(1,738)
(1,788)
(1,991)
Net assets
1,793
2,981
4,774
4,226
4,688
Attributable to non-controlling interests
767
1,271
2,038
1,853
2,076
Cash flow
Net cash inflow from operating activities
90
603
693
604
916
Net cash outflow from investing activities
(39)
(172)
(211)
(236)
(385)
Net cash outflow from financing activities
(32)
(424)
(456)
(170)
(428)
Net increase in cash and cash equivalents
19
7
26
198
103
Exchange differences
(2)
(31)
(33)
(111)
(23)
Dividends payable to non-controlling interests
(15)
(106)
(121)
(117)
(95)
(1)Profit for the year includes exceptional operating expenses attributable to non-controlling interests.
(2)Other comprehensive (loss)/income is principally in respect of exchange on translating the subsidiaries to US dollar.
(3)Non-current assets include the global distribution rights for Ketel One vodka products worldwide. The carrying value of the distribution right at 30 June 2024
was $1,800 million (2023 – $1,800 million; 2022 – $1,800 million).
(i)On 16 January 2024, Diageo agreed with Combs Wine and Spirits LLC to purchase the 50% of the share capital of DeLeon Holdco LLC that Diageo North
America, Inc did not already own, whereby DeLeon Holdco LLC became a wholly-owned subsidiary of Diageo.
Schedule of employee share compensation The annual fair value charge in respect of the equity settled plans for the three years ended 30 June 2024 is as follows:
 
2024
$ million
2023
re-presented
$ million
2022
re-presented
$ million
Executive share award plans
34
49
68
Executive share option plans
7
4
5
Savings plans
2
5
6
43
58
79
Schedule of fair value of each share award used the Monte Carlo pricing model and weighted average assumptions For the three years ended 30 June 2024, the calculation of the fair value of each share award used the Monte Carlo and Black
Scholes pricing model and the following assumptions:
 
2024
2023
re-presented
2022
re-presented
Risk free interest rate
4.7%
3.1%
0.4%
Expected life of the awards
33 months
35 months
40 months
Dividend yield
2.6%
2.0%
2.1%
Weighted average share price
3118 p
3758 p
3545 p
Weighted average fair value of awards granted in the year(1)
1757 c
2318 c
3754 c
Number of awards granted in the year
2.1 million
1.7 million
2.1 million
Fair value of all awards granted in the year
$36 million
$40 million
$79 million
(1)    Based on transaction rate at grant date of the awards.
Schedule of transactions on executive share award plans Transactions on the executive share award plans for the three years ended 30 June 2024 were as follows:
 
2024
million
2023
million
2022
million
Number of awards outstanding at 1 July
4.9
5.2
5.3
Granted
2.1
1.7
2.1
Awarded
(1.8)
(1.1)
(1.1)
Forfeited
(0.4)
(0.9)
(1.1)
Number of awards outstanding at 30 June
4.8
4.9
5.2