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LEASES (Tables)
 12 Months Ended
Dec. 31, 2025
Leases Disclosure [Abstract]  
Summary of Movement in Right-of-use Assets and Lease Liabilities
The movements in 2025 and 2024 were as follows:
Right-of-use assetsLand and
buildings
£m		Plant and
machinery
£m		Total
£m
1 January 20241,309 73 1,382 
Additions334 24 358 
Disposals(82)(21)(103)
Depreciation of right-of-use assets(197)(16)(213)
Impairment charges included within restructuring costs(1)— (1)
Exchange adjustments(35)(3)(38)
31 December 20241,328 57 1,385 
Additions187 12 199 
Disposals(42)(4)(46)
Depreciation of right-of-use assets(186)(15)(201)
Impairment charges included within restructuring costs(28)— (28)
Exchange adjustments5 3 8 
31 December 20251,264 53 1,317 
The movements in 2025 and 2024 were as follows:
Lease liabilitiesLand and
buildings
£m		Plant and
machinery
£m		Total
£m
1 January 20242,078 76 2,154 
Additions291 16 307 
Interest expense related to lease liabilities95 3 98 
Disposals(105)(21)(126)
Repayment of lease liabilities (including interest)(359)(18)(377)
Exchange adjustments(33)(3)(36)
31 December 20241,967 53 2,020 
Additions180 12 192 
Interest expense related to lease liabilities96 2 98 
Disposals(56)(3)(59)
Repayment of lease liabilities (including interest)(321)(16)(337)
Exchange adjustments(21)3 (18)
31 December 20251,845 51 1,896 
Summary of Lease Expense Charged to Operating Profit and Amounts Charged to Finance Costs
The following table shows the breakdown of the lease expense between amounts charged to operating profit and amounts charged to finance costs:
202520242023
£m£m£m
Depreciation of right-of-use assets:
Land and buildings(186)(197)(236)
Plant and machinery(15)(16)(21)
Impairment charges(28)(1)(129)
Short-term lease expense(16)(21)(22)
Low-value lease expense(2)(2)(3)
Variable lease expense(39)(48)(45)
Sublease income20 20 17 
Charge to operating profit(266)(265)(439)
Interest expense related to lease liabilities(98)(98)(106)
Charge to profit before taxation for leases(364)(363)(545)
Summary of Disclosure of Maturity of Lease Liabilities
The maturity of lease liabilities at 31 December 2025 and 2024 were as follows:
20252024
£m£m
Within one year325 353 
Between one and two years294 307 
Between two and three years265 281 
Between three and four years241 256 
Between four and five years202 235 
Over five years1,124 1,260 
2,451 2,692 
Effect of discounting(555)(672)
Lease liability at end of year1,896 2,020 
Short-term lease liability223 240 
Long-term lease liability1,673 1,780