Net debt (Tables)

12 Months Ended

Dec. 31, 2018

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Summary of Net Debt

	2018 $m			2017 $m
Cash and cash equivalents		704			168
Loans and other borrowings – current		(120	)		(126	)
– non-current		(2,129	)		(1,893	)
Derivatives hedging debt values (note 22)		15			—
Net debt		(1,530	)		(1,851	)

Summary of Movement in Net Debt

Movement in net debt
Net increase/(decrease) in cash and cash equivalents, net of overdrafts	563		(75	)
Add back cash flows in respect of other components of net debt:
Issue of long-term bonds, including effect of currency swaps	(554	)	—
Decrease/(increase) in other borrowings	268		(153	)
Decrease/(increase) in net debt arising from cash flows	277		(228	)
Non-cash movements:
Finance lease obligations	(4	)	(4	)
(Increase)/decrease in accrued interest	(3	)	1
Exchange and other adjustments	51		(114	)
Decrease/(increase) in net debt	321		(345	)
Net debt at beginning of the year	(1,851	)	(1,506	)
Net debt at end of the year	(1,530	)	(1,851	)