XML 59 R34.htm IDEA: XBRL DOCUMENT v3.24.0.1
Commitment and contingencies
 12 Months Ended
Dec. 31, 2023
Commitments and Contingencies Disclosure [Abstract]  
Commitment and contingencies
24. Commitments and contingencies
Guarantees
The Company has given letters of guarantee to secure obligations of subsidiary undertakings as follows: $11.3 billion and $9.3 billion in respect of loans and borrowings, bank advances and derivative obligations at December 31, 2023 and 2022 respectively, and $0.4 billion and $0.4 billion at December 31, 2023 and 2022, respectively, in respect of letters of credit due within one year.
Contractual commitments
Contractual commitments at December 31, 2023 were:
in $ millionsUnconditional purchase obligations
20241,216
Thereafter887
Total contractual commitments2,103

Legal Proceedings
The Company is not involved in any proceedings that it believes could reasonably be expected to have a material adverse effect on the Company’s financial condition, results of operations or liquidity.