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Tax - Summary of Tax on (Loss)/Profit (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Current tax      
Current period $ 321 $ 316 $ 261
Adjustments in respect of prior periods (1) 0 12
Total current tax expense (income) and adjustments for current tax of prior periods 320 316 273
Deferred tax      
Origination and reversal of temporary differences (27) (45) (20)
Changes in tax rates and tax laws 0 0 2
Adjustments to unprovided or unrecognised deferred tax 21 0 5
Adjustments in respect of prior periods 1 (2) 0
Deferred tax (5) (47) (13)
Income tax charge for the year 315 269 260
Taxes arising under Pillar Two framework 6 2 0
United Kingdom      
Current tax      
Current period 15 24 16
Adjustments in respect of prior periods 2 0 0
Total current tax expense (income) and adjustments for current tax of prior periods 17 24 16
Deferred tax      
Origination and reversal of temporary differences 12 11 1
Changes in tax rates and tax laws 0 0 0
Adjustments to unprovided or unrecognised deferred tax 0 0 0
Adjustments in respect of prior periods 6 (2) 1
Deferred tax 18 9 2
Income tax charge for the year 35 33 18
Other jurisdictions      
Current tax      
Current period 306 292 245
Adjustments in respect of prior periods (3) 0 12
Total current tax expense (income) and adjustments for current tax of prior periods 303 292 257
Deferred tax      
Origination and reversal of temporary differences (39) (56) (21)
Changes in tax rates and tax laws 0 0 2
Adjustments to unprovided or unrecognised deferred tax 21 0 5
Adjustments in respect of prior periods (5) 0 (1)
Deferred tax (23) (56) (15)
Income tax charge for the year 280 236 242
United States | Before exceptional items      
Deferred tax      
Income tax charge for the year $ 205 $ 169 $ 172