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Loans and other borrowings
12 Months Ended
Dec. 31, 2024
Disclosure [Abstract]  
Loans and other borrowings
21. Loans and other borrowin
gs
    
Maturity
date
   
Discount 
at issue 
% 
   
2024
$m
   
2023
$m
 
Current
                               
Bank overdrafts (note
17
)
    n/a       n/a     
17
    44  
500m 1.625% bonds 2024
    8 October 2024       0.437     
    555  
£300m 3.75% bonds 2025     14 August 2025       0.986     
381
     
                   
398
    599  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Non-current
                               
£300m 3.75% bonds 2025     14 August 2025       0.986     
    387  
£350m 2.125% bonds 2026     24 August 2026       0.550     
441
    449  
500m 2.125% bonds 2027
    15 May 2027       0.470     
526
    559  
£400m 3.375% bonds 2028     8 October 2028       1.034     
502
    509  
600m 4.375% bonds 2029
    28 November 2029       0.098     
623
    663  
750m 3.625% bonds 2031
    27 September 2031          0.116     
784
     
                   
2,876
    2,567  
Total loans and other borrowings
                 
3,274
       3,166  
Denominated in the following currencies:                                
Sterling
                 
1,324
    1,345  
US dollars
                 
16
    44  
Euros
                 
1,933
    1,777  
Other
                 
1
     
                   
   3,274
 
 
 
 
 
3,166  
Bonds
Interest is payable annually on the dates in the table, at the rates stated.
Revolving Credit Facility (‘RCF’)
The $1,350m facility matures in 2029. A variable rate of interest is payable on amounts drawn. There were no amounts drawn as at 31 December 2024 or 31 December 2023.
The Group has no uncommitted facilities at 31 December 2024 (2023: $nil).