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RETIREMENT BENEFIT OBLIGATIONS - Schedule of Change in Fair Value of Scheme Assets (Details) - Post employment retirement benefits - GBP (£)
£ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Changes in the fair value of scheme assets    
At 1 January £ 51,127 £ 45,791
Return on plan assets excluding amounts included in interest income 449 5,565
Interest income 733 937
Employer contributions 1,344 1,149
Benefits paid (2,034) (2,254)
Settlements (23) (22)
Administrative costs paid (38) (54)
Exchange and other adjustments (24) 15
At 31 December £ 51,534 £ 51,127