XML 231 R179.htm IDEA: XBRL DOCUMENT v3.24.0.1
Fair values of financial assets and liabilities - Schedule of Level 3 Derivative Assets and Liabilities (Details) - GBP (£)
£ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
FINANCIAL INSTRUMENTS (Details) - Schedule of Level 3 Derivative Assets and Liabilities [Line Items]      
At 1 January, derivative assets [1] £ 24,753 £ 22,051  
At 1 January, derivative liabilities [1] (24,042) (18,060)  
Exchange and other adjustments 53 (85) [2] £ 39
At 31 December, derivative assets 22,356 24,753 [1] 22,051 [1]
At 31 December, derivative liabilities (20,149) (24,042) [1] (18,060) [1]
Level 3 £m      
FINANCIAL INSTRUMENTS (Details) - Schedule of Level 3 Derivative Assets and Liabilities [Line Items]      
At 1 January, derivative assets 553    
At 1 January, derivative liabilities (608)    
At 31 December, derivative assets 422 553  
At 31 December, derivative liabilities (444) (608)  
Level 3 £m | Derivative assets £m      
FINANCIAL INSTRUMENTS (Details) - Schedule of Level 3 Derivative Assets and Liabilities [Line Items]      
At 1 January, derivative assets 553 893  
Exchange and other adjustments (8) 47  
(Losses) gains recognised in the income statement within other income (104) 72  
Purchases (additions) 19 48  
(Sales) redemptions (38) (21)  
Transfers out of the level 3 portfolio 0 (486)  
At 31 December, derivative assets 422 553 893
Gains (losses) recognised in the income statement within other income 104 (72)  
Level 3 £m | Derivative assets £m | Other £m      
FINANCIAL INSTRUMENTS (Details) - Schedule of Level 3 Derivative Assets and Liabilities [Line Items]      
(Losses) gains recognised in the income statement within other income 72 (222)  
Gains (losses) recognised in the income statement within other income (72) 222  
Level 3 £m | Derivative liabilities £m      
FINANCIAL INSTRUMENTS (Details) - Schedule of Level 3 Derivative Assets and Liabilities [Line Items]      
At 1 January, derivative liabilities (608) (944)  
Exchange and other adjustments 5 (37)  
(Losses) gains recognised in the income statement within other income 111 204  
Purchases (additions) (15) (46)  
(Sales) redemptions 63 38  
Transfers out of the level 3 portfolio 0 177  
At 31 December, derivative liabilities (444) (608) £ (944)
(Losses) gains recognised in the income statement, within other income, relating to the change in fair value of those assets or liabilities held at 31 December (111) (204)  
Level 3 £m | Derivative liabilities £m | Other £m      
FINANCIAL INSTRUMENTS (Details) - Schedule of Level 3 Derivative Assets and Liabilities [Line Items]      
(Losses) gains recognised in the income statement within other income (76) (125)  
(Losses) gains recognised in the income statement, within other income, relating to the change in fair value of those assets or liabilities held at 31 December £ 76 £ 125  
[1]
1    Restated for presentational changes and for the adoption of IFRS 17; see notes 1 and 54.
[2]
1    Restated for the adoption of IFRS 17; see notes 1 and 54.