XML 203 R126.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Financial Instruments and Risk Management (Fair Value of Financial Instruments) (Details) - USD ($) $ in Millions | Dec. 31, 2023 | Dec. 31, 2022
--- | --- | ---
Carrying amount [Member] |  |  |
Disclosure of financial instruments [Line Items] |  |  |
Loans bearing fixed interest | [1] | $ 337 | $ 339
Notes and debentures issued |  | 1,741 | 1,869
Carrying amount [Member] | Marketable [Member] |  |  |
Disclosure of financial instruments [Line Items] |  |  |
Notes and debentures issued | [2] | 1,208 | 1,335
Carrying amount [Member] | Non marketable [Member] |  |  |
Disclosure of financial instruments [Line Items] |  |  |
Notes and debentures issued | [3] | 196 | 195
Fair value [Member] |  |  |
Disclosure of financial instruments [Line Items] |  |  |
Loans bearing fixed interest | [1] | 306 | 302
Notes and debentures issued |  | 1,618 | 1,763
Fair value [Member] | Marketable [Member] |  |  |
Disclosure of financial instruments [Line Items] |  |  |
Notes and debentures issued | [2] | 1,118 | 1,270
Fair value [Member] | Non marketable [Member] |  |  |
Disclosure of financial instruments [Line Items] |  |  |
Notes and debentures issued | [3] | $ 194 | $ 191
[1] | The fair value of the Israeli Shekel and Euro loans issued bearing fixed interest is based on calculation of the present value of the cash flows in respect of the principal and the interest and is discounted at the market interest rates on the measurement date for similar loans having similar characteristics and is classified as Level 2 in the fair value hierarchy. The average discount interest as of December 31, 2023 for the Israeli Shekel and Euro loans was 5.5%, 5.3% respectively (December 31, 2022 for the Israeli Shekel and Euro loans 5.2%, 4.9% respectively).
[2] | The fair value of the marketable debentures is based on the quoted stock exchange price and is classified as Level 1 in the fair value hierarchy.
[3] | The fair value of the non‑marketable debentures is based on calculation of the present value of the cash flows in respect of the principal and the interest and is discounted at the SOFR rate customary in the market for similar loans having similar characteristics and is classified as Level 2 in the fair value hierarchy. The average discount interest as of December 31, 2023 was 8.1% (December 31, 2022 – 7%).

X
- Definition The amount of corporate loans made by the entity. [Refer: Loans to corporate entities [member]] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2023-01-01 -Paragraph 112 -Subparagraph c -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2023-en-r&anchor=para_112_c&doctype=Standard -URIDate 2023-03-23 + Details
Name: | ifrs-full_CorporateLoans
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

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

X
- Definition The amount of notes and debentures issued by the entity. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2023-01-01 -Paragraph 112 -Subparagraph c -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2023-en-r&anchor=para_112_c&doctype=Standard -URIDate 2023-03-23 + Details
Name: | ifrs-full_NotesAndDebenturesIssued
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Details
Name: | ifrs-full_MeasurementAxis=ifrs-full_AtCostMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | icl_MarketAxis=icl_MarketableMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | icl_MarketAxis=icl_NonMarketableMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_MeasurementAxis=ifrs-full_AtFairValueMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |