XML 143 R48.htm IDEA: XBRL DOCUMENT v3.22.0.1
SCOPE OF CONSOLIDATION - Summary of Associates (Details) - USD ($)
$ in Millions
1 Months Ended 12 Months Ended
Dec. 31, 2020
Sep. 30, 2020
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Disclosure of associates [line items]          
Current assets $ 27,973   $ 34,939 $ 27,973  
Non-current assets 54,079   55,573 54,079  
Current liabilities 22,667   24,167 22,667  
Non-current liabilities 19,148   15,001 19,148  
Non-controlling interests 1,957   2,238 1,957  
Net assets attributable to equity holders of the parent 38,280   49,106 38,280  
Carrying amount in the statements of financial position 2,847   2,985 2,847  
Revenue     76,571 53,270 $ 70,615
Income (loss) from continuing operations     15,565 (578) (2,391)
Other comprehensive income (loss)     2,326 (826) (624)
Total comprehensive income (loss)     17,891 (1,404) (3,015)
Impairment charges     0 211 0
Associate          
Disclosure of associates [line items]          
Current assets 7,712   9,319 7,712 6,846
Non-current assets 15,287   18,233 15,287 8,622
Current liabilities 4,710   6,088 4,710 3,940
Non-current liabilities 3,441   5,721 3,441 2,815
Non-controlling interests 447   606 447 384
Net assets attributable to equity holders of the parent 14,401   15,137 14,401 8,329
Company's share of net assets 4,344   4,604 4,344 2,804
Adjustments for differences in accounting policies and other (1,467)   (1,480) (1,467) 1
Other adjustments (30)   (139) (30) 54
Carrying amount in the statements of financial position 2,847   2,985 2,847 2,859
Revenue     11,015 7,685 9,075
Income (loss) from continuing operations     358 27 143
Other comprehensive income (loss)     40 (56) 1
Total comprehensive income (loss)     398 (29) 144
Cash dividends received by the Company     $ 53 $ 43 $ 70
China Oriental          
Disclosure of associates [line items]          
Proportion of voting rights held in associate (in percent)     37.00% 37.02% 37.02%
Current assets 3,611   $ 4,636 $ 3,611 $ 2,920
Non-current assets 2,507   2,978 2,507 1,797
Current liabilities 2,780   3,571 2,780 1,837
Non-current liabilities 454   533 454 150
Non-controlling interests 46   88 46 44
Net assets attributable to equity holders of the parent 2,838   3,422 2,838 2,686
Company's share of net assets 1,050   1,266 1,050 994
Adjustments for differences in accounting policies and other 0   0 0 0
Other adjustments 112   66 112 5
Carrying amount in the statements of financial position 1,162   1,332 1,162 999
Revenue     3,863 2,420 3,102
Income (loss) from continuing operations     250 112 249
Other comprehensive income (loss)     0 16 0
Total comprehensive income (loss)     250 128 249
Cash dividends received by the Company     $ 36 $ 28 $ 57
Proportion of ownership interest in associate (in percent)     37.00% 37.02% 37.02%
DHS Group          
Disclosure of associates [line items]          
Proportion of voting rights held in associate (in percent)     33.43% 33.43% 33.43%
Current assets 1,330   $ 1,364 $ 1,330 $ 1,385
Non-current assets 2,810   2,668 2,810 2,794
Current liabilities 364   472 364 402
Non-current liabilities 1,165   1,107 1,165 979
Non-controlling interests 112   103 112 122
Net assets attributable to equity holders of the parent 2,499   2,350 2,499 2,676
Company's share of net assets 835   786 835 895
Adjustments for differences in accounting policies and other 38   55 38 43
Other adjustments (201)   (191) (201) 27
Carrying amount in the statements of financial position 672   650 672 965
Revenue     2,011 1,428 1,795
Income (loss) from continuing operations     (44) (244) (116)
Other comprehensive income (loss)     7 (5) 8
Total comprehensive income (loss)     (37) (249) (108)
Cash dividends received by the Company     0 0 $ 0
Impairment charges 211   $ 211 $ 211  
Proportion of ownership interest in associate (in percent)     33.43% 33.43% 33.43%
Gonvarri Steel Industries          
Disclosure of associates [line items]          
Proportion of voting rights held in associate (in percent)     35.00% 35.00% 35.00%
Current assets 2,233   $ 2,840 $ 2,233 $ 2,062
Non-current assets 1,675   1,797 1,675 1,628
Current liabilities 1,087   1,568 1,087 1,038
Non-current liabilities 772   716 772 795
Non-controlling interests 288   415 288 218
Net assets attributable to equity holders of the parent 1,761   1,938 1,761 1,639
Company's share of net assets 616   678 616 574
Adjustments for differences in accounting policies and other (49)   (47) (49) (49)
Other adjustments 59   (14) 59 22
Carrying amount in the statements of financial position 626   617 626 547
Revenue     4,465 3,065 3,724
Income (loss) from continuing operations     197 86 82
Other comprehensive income (loss)     33 (67) (7)
Total comprehensive income (loss)     230 19 75
Cash dividends received by the Company     $ 17 $ 15 $ 13
Proportion of ownership interest in associate (in percent)     35.00% 35.00% 35.00%
Baffinland          
Disclosure of associates [line items]          
Proportion of voting rights held in associate (in percent)     25.23% 25.23% 25.70%
Current assets 538   $ 479 $ 538 $ 479
Non-current assets 8,295   10,790 8,295 2,403
Current liabilities 479   477 479 663
Non-current liabilities 1,050   3,365 1,050 891
Non-controlling interests 1   0 1 0
Net assets attributable to equity holders of the parent 7,303   7,427 7,303 1,328
Company's share of net assets 1,843   1,874 1,843 341
Adjustments for differences in accounting policies and other (1,456)   (1,488) (1,456) 7
Other adjustments 0   0 0 0
Carrying amount in the statements of financial position $ 387   386 387 348
Revenue     676 772 454
Income (loss) from continuing operations     (45) 73 (72)
Other comprehensive income (loss)     0 0 0
Total comprehensive income (loss)     (45) 73 (72)
Cash dividends received by the Company     $ 0 $ 0 $ 0
Fair value measurement adjustment not recognized   $ 1,500      
Proportion of ownership interest in associate (in percent)     25.23% 25.23% 25.70%