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Disposals and impairment (Tables)
12 Months Ended
Dec. 31, 2021
Impairment Of Assets [Abstract]  
Summary of amounts recognized in the income statement in respect of disposals and impairments
The following amounts were recognized in the income statement in respect of disposals and impairments.
$ million
 202120202019
Gains on sale of businesses and fixed assets
gas & low carbon energy1,034 — — 
oil production & operations869 360 143 
customers & products(52)2,320 50 
other businesses & corporate25 194 — 
1,876 2,874 193 
 $ million
 202120202019
Losses on sale of businesses and fixed assets, and closures
gas & low carbon energy1 884 
oil production & operations86 375 409 
customers & products142 296 57 
other businesses & corporate1 
230 681 1,359 
Impairment losses
gas & low carbon energy834 6,214 387 
oil production & operations1,617 6,723 6,365 
customers & products962 840 65 
other businesses & corporate63 12 30 
3,476 13,789 6,847 
Impairment reversals
gas & low carbon energy(2,338)(3)— 
oil production & operations(2,479)(86)(131)
customers & products(7)— — 
other businesses & corporate(3)— — 
(4,827)(89)(131)
Impairment and losses on sale of businesses and fixed assets, and closures(1,121)14,381 8,075 
Summary of disposal proceeds and principal gains and losses on disposals by segment
Disposal proceeds and principal gains and losses on disposals by segment are described below.
$ million
202120202019
Proceeds from disposals of fixed assets1,145 491 500 
Proceeds from disposals of businesses, net of cash disposed5,812 4,989 1,701 
6,957 5,480 2,201 
By business
gas & low carbon energy2,425 38 565 
oil production & operations3,022 1,157 1,472 
customers & products1,050 3,959 152 
other businesses & corporate460 326 12 
6,957 5,480 2,201 
Summary financial information relating to the sale of business
$ million
 202120202019
Non-current assets1,620 9,092 1,653 
Current assets69 1,539 507 
Non-current liabilities(287)(1,639)(257)
Current liabilities(3)(782)(108)
Total carrying amount of net assets disposed1,399 8,210 1,795 
Recycling of foreign exchange on disposal35 (328)880 
Costs on disposal(5)13 190 
1,429 7,895 2,865 
Gains (losses) on sale of businesses1,632 2,570 (1,190)
Total consideration3,061 10,465 1,675 
Non-cash consideration(108)(219)(938)
Consideration received (receivable)a
2,859 (5,257)964 
Proceeds from the sale of businesses, net of cash disposedb
5,812 4,989 1,701 
a In 2019 $633 million relates to deposits received in advance of the disposal of our Alaska business and certain assets in our BPX business.
b Proceeds are stated net of cash and cash equivalents disposed of $2 million (2020 $101 million and 2019 $30 million).