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TAXATION - Factors affecting future tax charges (Details) - USD ($)
$ in Millions
12 Months Ended
Apr. 01, 2023
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Reconciliation of expected tax charge        
Current tax payable, uncertain tax positions   $ 121 $ 150  
Other interest on provision for uncertain tax positions   13 10  
Tax receivables   33 37  
Deferred tax assets   $ 274 $ 177  
UK corporation tax rate (as a percent) 25.00% 23.50% 19.00% 19.00%
Profit before taxation   $ 290 $ 235 $ 586
Expected taxation at UK statutory rate   68 45 111
Differences in overseas taxation rates   (24) (19) (17)
R&D credits   (7) (10) (12)
Tax losses and other deferred tax assets not recognised       7
Recognition of previously unrecognised tax losses   (14) (4) (2)
Expenses not deductible for tax purposes   38 31 22
Change in tax rates   2 5 14
Withholding tax on unremitted earnings   3 1 (4)
Adjustments in respect of prior years   (35) (27) (29)
Total taxation charge as per the income statement   27 12 62
Non taxable accounting gains on UK owned investments       $ 17
UK        
Reconciliation of expected tax charge        
Tax effect of non-taxable impairments of investments   $ 7 $ 7