XML 167 R126.htm IDEA: XBRL DOCUMENT
v3.19.3.a.u2

Financial Instruments and Risk Management (Market risk - Terms of Derivative Financial Instruments Used to Economically Hedge Foreign Currency Risk) (Details) $ in Millions | 12 Months Ended
--- | ---
Dec. 31, 2019 USD ($) | Dec. 31, 2018 USD ($)
Put options [Member] | U.S Dollar/ILS [Member] |  |
Disclosure of detailed information about hedges [Line Items] |  |
Carrying amount | $ 4 | $ 1
Stated amount | $ 600 | $ 695
Average exchange rate | 3.4 | 3.6
Put options [Member] | Euro/U.S Dollar [Member] |  |
Disclosure of detailed information about hedges [Line Items] |  |
Carrying amount | $ 0 | $ 0
Stated amount | $ 45 | $ 3
Average exchange rate | 1.1 | 114.3
Put options [Member] | U.S Dollar/British Pound [Member] |  |
Disclosure of detailed information about hedges [Line Items] |  |
Carrying amount | $ 0 |
Stated amount | $ 15 |
Average exchange rate | 1.3 |
Put options [Member] | U.S Dollar/Japanese Yen [Member] |  |
Disclosure of detailed information about hedges [Line Items] |  |
Carrying amount | $ 0 | $ 0
Stated amount | $ 1 | $ 11
Average exchange rate | 108.5 | 1.3
Call options [Member] | U.S Dollar/ILS [Member] |  |
Disclosure of detailed information about hedges [Line Items] |  |
Carrying amount | $ 0 | $ (15)
Stated amount | $ 440 | $ 695
Average exchange rate | 3.4 | 3.6
Call options [Member] | Euro/U.S Dollar [Member] |  |
Disclosure of detailed information about hedges [Line Items] |  |
Carrying amount | $ 1 | $ 0
Stated amount | $ 45 | $ 3
Average exchange rate | 1.1 | 114.3
Call options [Member] | U.S Dollar/Japanese Yen [Member] |  |
Disclosure of detailed information about hedges [Line Items] |  |
Carrying amount |  | $ 0
Stated amount |  | $ 11
Average exchange rate |  | 1.3
Swap contract [Member] | U.S Dollar/ILS [Member] |  |
Disclosure of detailed information about hedges [Line Items] |  |
Carrying amount | $ 57 | $ 15
Stated amount | $ 482 | $ 486
Average exchange rate | 3.7 | 3.7
Swap contract [Member] | Euro/U.S Dollar [Member] |  |
Disclosure of detailed information about hedges [Line Items] |  |
Carrying amount | $ (3) |
Stated amount | $ 447 |
Average exchange rate | 1.1 |
SWAP contracts from variable interest to fixed interest [Member] |  |
Disclosure of detailed information about hedges [Line Items] |  |
Carrying amount | $ (6) | $ 0
Stated amount | 150 | 250
SWAP contracts from variable USD interest to fixed EUR interest [Member] |  |
Disclosure of detailed information about hedges [Line Items] |  |
Carrying amount | (3) | (1)
Stated amount | 447 | 334
SWAP contracts from fixed ILS interest to fixed USD interest [Member] |  |
Disclosure of detailed information about hedges [Line Items] |  |
Carrying amount | 57 | 15
Stated amount | 482 | 486
Forward contracts [Member] | U.S Dollar/ILS [Member] |  |
Disclosure of detailed information about hedges [Line Items] |  |
Carrying amount | 0 | 2
Stated amount | $ 309 | $ 352
Average exchange rate | 3.5 | 3.7
Forward contracts [Member] | Euro/U.S Dollar [Member] |  |
Disclosure of detailed information about hedges [Line Items] |  |
Carrying amount | $ (1) | $ 2
Stated amount | $ 61 | $ 86
Average exchange rate | 1.1 | 1.2
Forward contracts [Member] | Euro/British Pound [Member] |  |
Disclosure of detailed information about hedges [Line Items] |  |
Carrying amount |  | $ 1
Stated amount |  | $ 19
Average exchange rate |  | 0.9
Forward contracts [Member] | U.S Dollar/British Pound [Member] |  |
Disclosure of detailed information about hedges [Line Items] |  |
Carrying amount | $ 0 | $ 0
Stated amount | $ 33 | $ 32
Average exchange rate | 1.3 | 1.3
Forward contracts [Member] | U.S Dollar/Chinese Yuan Renminbi [Member] |  |
Disclosure of detailed information about hedges [Line Items] |  |
Carrying amount | $ 0 | $ 0
Stated amount | $ 28 | $ 29
Average exchange rate | 7.1 | 6.5
Forward contracts [Member] | Other [Member] |  |
Disclosure of detailed information about hedges [Line Items] |  |
Carrying amount | $ 4 | $ 0
Stated amount | $ 56 | $ 37
Average exchange rate | 0.9 | 0

X
- Definition The average exchange rate used by the entity. Exchange rate is the ratio of exchange for two currencies. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2019-01-01 -Paragraph 112 -Subparagraph c -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2019-en-r&anchor=para_112_c&doctype=Standard -URIDate 2019-03-27 + Details
Name: | ifrs-full_AverageForeignExchangeRate
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:decimalItemType
Balance Type: | na
Period Type: | duration

X
- Definition Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table. + References No definition available. + Details
Name: | ifrs-full_DisclosureOfHedgeAccountingLineItems
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The fair value of financial instruments designated as hedging instruments. Hedging instruments are designated derivatives or (for a hedge of the risk of changes in foreign currency exchange rates only) designated non-derivative financial assets or non-derivative financial liabilities whose fair value or cash flows are expected to offset changes in the fair value or cash flows of a designated hedged item. [Refer: At fair value [member]; Derivatives [member]; Derivative financial assets; Derivative financial liabilities; Financial instruments, class [member]; Financial assets; Financial liabilities] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Note Expiry date 2021-01-01 -Name IFRS -Number 7 -IssueDate 2019-01-01 -Paragraph 22 -Subparagraph b -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2017-en-b&anchor=para_22_b&doctype=Standard&book=b -URIDate 2019-03-27 + Details
Name: | ifrs-full_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | na
Period Type: | instant

X
- Definition The gain (loss) on the change in fair value of the hedging instrument used as a basis for recognising hedge ineffectiveness. Hedge ineffectiveness is the extent to which the changes in the fair value or the cash flows of the hedging instrument are greater or less than those on the hedged item. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 7 -IssueDate 2019-01-01 -Paragraph 24A -Subparagraph c -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2019-en-r&anchor=para_24A_c&doctype=Standard -URIDate 2019-03-27 + Details
Name: | ifrs-full_GainLossOnChangeInFairValueOfHedgingInstrumentUsedAsBasisForRecognisingHedgeIneffectiveness
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Details
Name: | ifrs-full_ClassesOfFinancialInstrumentsAxis=icl_PutOptionContractMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_TypesOfRisksAxis=icl_NISUSDCurrencyRiskMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_TypesOfRisksAxis=icl_USDEURCurrencyRiskMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_TypesOfRisksAxis=icl_USDGBPCurrencyRiskMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_TypesOfRisksAxis=icl_USDJPYCurrencyRiskMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_ClassesOfFinancialInstrumentsAxis=icl_CallOptionContractMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_ClassesOfFinancialInstrumentsAxis=ifrs-full_SwapContractMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_ClassesOfFinancialInstrumentsAxis=icl_SwapContractFromVariableToFixedInterestMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_ClassesOfFinancialInstrumentsAxis=icl_SwapContractsFromVariableUSDInterestToFixedEURInterestMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_ClassesOfFinancialInstrumentsAxis=icl_SwapContractFromFixedILSToFixedUSDInterestILSMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_ClassesOfFinancialInstrumentsAxis=ifrs-full_ForwardContractMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_TypesOfRisksAxis=icl_GBPEURCurrencyRiskMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_TypesOfRisksAxis=icl_USDRMBCurrencyRiskMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_TypesOfRisksAxis=icl_OtherCurrencyRiskMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |