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Loans and other borrowings | 12 Months Ended
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Dec. 31, 2021
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Loans and other borrowings | 22. Loans and other borrowings
|  | Maturity date |  | Discount at issue % |  |  |  |  | 2021 $m |  |  |  |  | 2020 $m |
Current |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Bank overdrafts (note 19) |  | n/a |  |  | n/a |  |  |  |  |  | 59 |  |  |  |  |  | 51 |
Commercial paper |  | 16 March 2021 |  |  | 0.444 |  |  |  |  |  | – |  |  |  |  |  | 818 |
£173m 3.875 % bonds 2022 |  | 28 November 2022 |  |  | 1.213 |  |  |  |  |  | 233 |  |  |  |  |  | – |
|  |  |  |  |  |  |  |  |  |  | 292 |  |  |  |  |  | 869 |
Non-current |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
£173m 3.875 % bonds 2022 |  | 28 November 2022 |  |  | 1.213 |  |  |  |  |  | – |  |  |  |  |  | 235 |
€ 500m 1.625 % bonds 2024 |  | 8 October 2024 |  |  | 0.437 |  |  |  |  |  | 565 |  |  |  |  |  | 611 |
£300m 3.75 % bonds 2025 |  | 14 August 2025 |  |  | 0.986 |  |  |  |  |  | 408 |  |  |  |  |  | 413 |
£350m 2.125 % bonds 2026 |  | 24 August 2026 |  |  | 0.550 |  |  |  |  |  | 473 |  |  |  |  |  | 479 |
€ 500m 2.125% bonds 2027 |  | 15 May 2027 |  |  | 0.470 |  |  |  |  |  | 570 |  |  |  |  |  | 618 |
£400m 3.375 % bonds 2028 |  | 8 October 2028 |  |  | 1.034 |  |  |  |  |  | 537 |  |  |  |  |  | 542 |
|  |  |  |  |  |  |  |  |  |  | 2,553 |  |  |  |  |  | 2,898 |
Total loans and other borrowings |  |  |  |  |  |  |  |  |  |  | 2,845 |  |  |  |  |  | 3,767 |
Denominated in the following currencies: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Sterling |  |  |  |  |  |  |  |  |  |  | 1,652 |  |  |  |  |  | 2,490 |
US dollars |  |  |  |  |  |  |  |  |  |  | 57 |  |  |  |  |  | 31 |
Euros |  |  |  |  |  |  |  |  |  |  | 1,135 |  |  |  |  |  | 1,242 |
Other |  |  |  |  |  |  |  |  |  |  | 1 |  |  |  |  |  | 4 |
|  |  |  |  |  |  |  |  |  |  | 2,845 |  |  |  |  |  | 3,767 |
Bonds Interest is payable annually on the dates in the table above, at the rates stated above. Commercial paper In 2020, the Group issued £600m under the UK Government’s Covid Corporate Financing Facility (‘CCFF’) which matured on 16 March 2021. Syndicated and Bilateral Facilities There were no amounts drawn as at 31 December 2021 or 31 December 2020. The Syndicated Facility comprises a $1,275m revolving credit facility and the Bilateral Facility comprises a $75m revolving credit facility. Each is unsecured and contains the same terms and covenants (see note 24). A variable rate of interest is payable on amounts drawn under both facilities, which were undrawn throughout 2021. The maximum amount drawn in 2020 was $690m. Facilities provided by banks
|  |  |  | 2021 |  |  |  |  |  | 2020 |
|  |  |  | Within 1 year $m |  |  | Between 1 and 2 years $m |  |  |  |  |  | Within 1 year $m |  | Between 2 and 5 years $m |
Unutilised facilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Committed |  |  |  |  | – |  |  |  | 1,350 |  |  |  |  |  |  | – |  |  | 1,350 |
Uncommitted |  |  |  |  | 50 |  |  |  | – |  |  |  |  |  |  | 50 |  |  | – |

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- Definition The disclosure of borrowings. [Refer: Borrowings] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2021-01-01 -Paragraph 10 -Subparagraph e -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2021-en-r&anchor=para_10_e&doctype=Standard -URIDate 2021-03-24 + Details
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- Definition Text block [abstract] + References No definition available. + Details
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