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Group statement of cash flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Statement [Line Items]      
Profit for the year $ 759 $ 628 $ 750
Adjustments reconciling profit for the year to cash flow from operations 602 521 469
Cash flow from operations 1,361 1,149 1,219
Interest paid (202) (170) (119)
Interest received 46 57 36
Deferred purchase consideration paid 0 (3) 0
Tax paid (307) (309) (243)
Net cash from operating activities 898 724 893
Cash flow from investing activities      
Purchase of property, plant and equipment (28) (29) (28)
Investment in associates and joint ventures (11) (6) (3)
Investment in other financial assets (3) (32) (60)
Deferred purchase consideration paid 0 (10) 0
Disposal of property, plant and equipment 0 9 0
Repayments of other financial assets 14 11 8
Finance lease receipts 4 4 0
Other investing cash flows 3 3 0
Net cash from investing activities (190) (99) (137)
Cash flow from financing activities      
Repurchase of shares, including taxes and transaction costs (897) (804) (790)
Purchase of own shares by employee share trusts (10) (27) (8)
Dividends paid to shareholders (270) (259) (245)
Dividend paid to non-controlling interest 0 0 (3)
Issue of long-term bonds, including effect of currency swaps 990 834 657
Repayment of long-term bonds (403) (547) 0
Settlement of currency swaps 0 (45) 0
Drawdown of Revolving Credit Facility 75 0 0
Repayment of Revolving Credit Facility (75) 0 0
Principal element of lease payments (30) (46) (28)
Other financing cash flows 6 0 0
Net cash from financing activities (614) (894) (417)
Net movement in cash and cash equivalents in the year 94 (269) 339
Cash and cash equivalents at beginning of the year 991 1,278 921
Exchange rate effects 41 (18) 18
Cash and cash equivalents at end of the year 1,126 991 1,278
Brands      
Cash flow from investing activities      
Purchase of intangible assets (120) 0 0
Other intangibles      
Cash flow from investing activities      
Purchase of intangible assets $ (49) $ (49) $ (54)