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Equity (Tables)
12 Months Ended
Dec. 31, 2023
Text Block [Abstract]  
Summary of Equity Share Capital
Allotted, called up and fully paid
         
Number
 of shares
millions
          
 Nominal
value
$m
   
Share
   premium
$m
   
Equity
share
    capital
$m
 
At 1 January 2021 (ordinary shares of 20
340
/
399
p each)
     
 
187
 
    
 
53
 
 
 
103
 
 
 
156
 
Exchange adjustments
     
 
 
    
 
 
 
 
(2
 
 
(2
At 31 December 2021 (ordinary shares of 20
340
/
399
p each)
     
 
187
 
    
 
53
 
 
 
101
 
 
 
154
 
Repurchased and cancelled under share repurchase programme
     
 
(4
    
 
(1
 
 
 
 
 
(1
Exchange adjustments
     
 
 
    
 
(6
 
 
(10
 
 
(16
At 31 December 2022 (ordinary shares of 20
340
/
399
p each)
     
 
183
 
    
 
46
 
 
 
91
 
 
 
137
 
Repurchased and cancelled under share repurchase programme
     
 
(11
    
 
(3
 
 
 
 
 
(3
Exchange adjustments
     
 
 
    
 
3
 
 
 
4
 
 
 
7
 
At 31 December 2023 (ordinary shares of 20
340
/
399
p each)
     
 
172
 
    
 
46
 
 
 
95
 
 
 
141
 
Summary of Shares Held By Employee Share Trusts
            
Number of
shares
millions
          
  Carrying
value
$m
   
      Market
value
$m
 
31 December 2023
     
 
0.8
  
    
 
35.0
  
 
 
73.6
  
31 December 2022
     
 
1.1
 
    
 
37.0
 
 
 
62.8
 
31 December 2021
     
 
0.9
 
    
 
21.7
 
 
 
57.3
 
Summary of Cash Flow Hedge Reserves
            
Cash flow
hedge
reserve
$m
   
Cost of
  hedging
reserve
$m
   
   Total
$m
 
At 1 January 2021
     
 
(11
 
 
(13
 
 
(24
Costs of hedging deferred and recognised in other comprehensive income
     
 
 
 
 
2
 
 
 
2
 
Change in fair value of currency swaps recognised in other comprehensive income
     
 
(62
 
 
 
 
 
(62
Reclassified from other comprehensive income to profit or loss – included in financial expenses
     
 
96
 
 
 
 
 
 
96
 
Deferred tax
     
 
(7
 
 
 
 
 
(7
At 31 December 2021
     
 
16
 
 
 
(11
 
 
5
 
Costs of hedging deferred and recognised in other comprehensive income
     
 
 
 
 
3
 
 
 
3
 
Change in fair value of currency swaps recognised in other comprehensive income
     
 
33
 
 
 
 
 
 
33
 
Reclassified from other comprehensive income to profit or loss – included in financial expenses
     
 
(43
 
 
 
 
 
(43
Deferred tax
     
 
2
 
 
 
 
 
 
2
 
At 31 December 2022
     
 
8
 
 
 
(8
 
 
 
Change in fair value of currency swaps recognised in other comprehensive income
     
 
(30
 
 
 
 
 
(30
Reclassified from other comprehensive income to profit or loss – included in financial expenses
     
 
28
 
 
 
 
 
 
28
 
At 31 December 2023
     
 
6
 
 
 
(8
 
 
(2
Treasury shares
Treasury shares
 
            
Number of
shares
millions
          
  Nominal
value
$m
 
At 1 January 2021
     
 
5.1
 
    
 
1.4
 
Transferred to employee share trusts
     
 
(1.4
    
 
(0.4
At 31 December 2021
     
 
3.7
 
    
 
1.0
 
Transferred to employee share trusts
     
 
(0.7
    
 
(0.2
Repurchased under share repurchase programme
     
 
4.5
 
    
 
1.1
 
At 31 December 2022
     
 
7.5
 
    
 
1.9
 
Transferred to employee share trusts
     
 
(0.5
    
 
(0.1
Exchange adjustments
     
 
 
    
 
0.1
 
At 31 December 2023
     
 
7.0
 
    
 
1.9