XML 309 R67.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Fair value measurement (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2018
Text block [abstract] |
Summary of Carrying Amounts and Fair Values of Financial Assets and Liabilities | The following table compares carrying amounts and fair values of the Group’s financial assets and liabilities:
|  |  |  |  | 2018 |  |  | 2017 |
|  | Note |  |  | Carrying value $m |  |  | Fair value $m |  |  | Carrying value $m |  |  | Fair value $m |
Financial assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Financial assets measured at fair value: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Equity securities |  |  | 15 |  |  |  | 116 |  |  |  | 116 |  |  |  | 127 |  |  |  | 127 |
Derivatives |  |  | 22 |  |  |  | 8 |  |  |  | 8 |  |  |  | — |  |  |  | — |
|  |  |  |  |  |  | 124 |  |  |  | 124 |  |  |  | 127 |  |  |  | 127 |
Financial assets measured at amortised cost: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  |  | 17 |  |  |  | 704 |  |  |  | 704 |  |  |  | 168 |  |  |  | 168 |
Loans and other receivables: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Other financial assets |  |  | 15 |  |  |  | 145 |  |  |  | 145 |  |  |  | 117 |  |  |  | 117 |
Trade and other receivables, excluding prepayments |  |  | 16 |  |  |  | 502 |  |  |  | 502 |  |  |  | 477 |  |  |  | 477 |
|  |  |  |  |  |  | 1,351 |  |  |  | 1,351 |  |  |  | 762 |  |  |  | 762 |
|  |  |  |  |  |  | 1,475 |  |  |  | 1,475 |  |  |  | 889 |  |  |  | 889 |
Financial liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Financial liabilities measured at fair value: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Deferred and contingent purchase consideration |  |  | 18 |  |  |  | (131 | ) |  |  | (131 | ) |  |  | — |  |  |  | — |
Financial liabilities measured at amortised cost: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
£400m 3.875% bonds 2022 |  |  | 20 |  |  |  | (509 | ) |  |  | (543 | ) |  |  | (538 | ) |  |  | (593 | )
£300m 3.75% bonds 2025 |  |  | 20 |  |  |  | (385 | ) |  |  | (399 | ) |  |  | (406 | ) |  |  | (441 | )
£350m 2.125% bonds 2026 |  |  | 20 |  |  |  | (447 | ) |  |  | (417 | ) |  |  | (472 | ) |  |  | (454 | )
€500m 2.125% bonds 2027 |  |  | 20 |  |  |  | (569 | ) |  |  | (566 | ) |  |  | — |  |  |  | — |
Finance lease obligations |  |  | 20 |  |  |  | (235 | ) |  |  | (313 | ) |  |  | (231 | ) |  |  | (318 | )
Unsecured bank loans |  |  | 20 |  |  |  | 0 |  |  |  | 0 |  |  |  | (262 | ) |  |  | (262 | )
Bank overdrafts |  |  | 20 |  |  |  | (104 | ) |  |  | (104 | ) |  |  | (110 | ) |  |  | (110 | )
Trade and other payables |  |  | 18 |  |  |  | (645 | ) |  |  | (645 | ) |  |  | (633 | ) |  |  | (633 | )
Provisions |  |  | 19 |  |  |  | (27 | ) |  |  | (27 | ) |  |  | (8 | ) |  |  | (8 | )
|  |  |  |  |  |  | (2,921 | ) |  |  | (3,014 | ) |  |  | (2,660 | ) |  |  | (2,819 | )
|  |  |  |  |  |  | (3,052 | ) |  |  | (3,145 | ) |  |  | (2,660 | ) |  |  | (2,819 | )
Summary of Fair Value Measurement Hierarchy of Assets and Liabilities |
|  | 2018 |  |  | 2017 |
|  | Level 1 $m |  |  | Level 2 $m |  |  | Level 3 $m |  |  | Total $m |  |  | Level 1 $m |  |  | Level 2 $m |  |  | Level 3 $m |  |  | Total $m |
Assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Equity securities measured at fair value: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Quoted equity shares |  |  | 8 |  |  |  | 0 |  |  |  | 0 |  |  |  | 8 |  |  |  | 10 |  |  |  | — |  |  |  | — |  |  |  | 10 |
Unquoted equity shares |  |  | 0 |  |  |  | 0 |  |  |  | 108 |  |  |  | 108 |  |  |  | — |  |  |  | — |  |  |  | 117 |  |  |  | 117 |
Derivatives |  |  | 0 |  |  |  | 8 |  |  |  | 0 |  |  |  | 8 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Deferred and contingent purchase consideration |  |  | 0 |  |  |  | 0 |  |  |  | (131 | ) |  |  | (131 | ) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
£400m 3.875% bonds 2022 |  |  | (543 | ) |  |  | 0 |  |  |  | 0 |  |  |  | (543 | ) |  |  | (593 | ) |  |  | — |  |  |  | — |  |  |  | (593 | )
£300m 3.75% bonds 2025 |  |  | (399 | ) |  |  | 0 |  |  |  | 0 |  |  |  | (399 | ) |  |  | (441 | ) |  |  | — |  |  |  | — |  |  |  | (441 | )
£350m 2.125% bonds 2026 |  |  | (417 | ) |  |  | 0 |  |  |  | 0 |  |  |  | (417 | ) |  |  | (454 | ) |  |  | — |  |  |  | — |  |  |  | (454 | )
€500m 2.125% bonds 2027 |  |  | (566 | ) |  |  | 0 |  |  |  | 0 |  |  |  | (566 | ) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Finance lease obligations |  |  | 0 |  |  |  | (313 | ) |  |  | 0 |  |  |  | (313 | ) |  |  | — |  |  |  | (318 | ) |  |  | — |  |  |  | (318 | )
Summary of Reconciliation of Movements in the Fair Values of Financial Instruments Classified as Level 3 | The following table reconciles the movements in the fair values of financial instruments classified as Level 3 during the year:
|  | Equity securities $m |  |  | Deferred and contingent purchase consideration $m |
At 1 January 2017 |  |  | 142 |  |  |  | — |
Additions |  |  | 2 |  |  |  | — |
Disposals |  |  | (3 | ) |  |  | — |
Valuation gains recognised in other comprehensive income |  |  | 48 |  |  |  | — |
Valuation gains reclassified to the income statement on disposal |  |  | (73 | ) |  |  | — |
Exchange and other adjustments |  |  | 1 |  |  |  | — |
At 1 January 2018 |  |  | 117 |  |  |  | 0 |
Additions |  |  | 4 |  |  |  | 0 |
Acquisition of businesses (note 11) |  |  | 0 |  |  |  | 131 |
Disposals |  |  | (1 | ) |  |  | 0 |
Valuation losses recognised in other comprehensive income |  |  | (10 | ) |  |  | 0 |
Contingent consideration paid |  |  | 0 |  |  |  | (4 | )
Change in fair value recorded in finance costs |  |  | 0 |  |  |  | 5 |
Exchange and other adjustments |  |  | (2 | ) |  |  | (1 | )
At 31 December 2018 |  |  | 108 |  |  |  | 131 |

X
- Definition Disclosure of carrying value and fair value of financial assets and liabilities explanatory. + References No definition available. + Details
Name: | ihg_DisclosureOfCarryingValueAndFairValueOfFinancialAssetsAndLiabilitiesExplanatory
Namespace Prefix: | ihg_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of fair value measurement hierarchy of assets and liabilities explanatory. + References No definition available. + Details
Name: | ihg_DisclosureOfFairValueMeasurementHierarchyOfAssetsAndLiabilitiesExplanatory
Namespace Prefix: | ihg_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of movements in fair values of level3 investments explanatory. + References No definition available. + Details
Name: | ihg_DisclosureOfMovementsInFairValuesOfLevel3InvestmentsExplanatory
Namespace Prefix: | ihg_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Text block [abstract] + References No definition available. + Details
Name: | ihg_TextBlockAbstract
Namespace Prefix: | ihg_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration