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Financial instruments and risk management - Summary of techniques to value significant fair value assets/(liabilities) categorised under level 2 and 3 (Details)
$ in Millions
Dec. 31, 2022
USD ($)
Level 2 | Discounted cash flows | Applicable market quoted swap yield curves Credit default spread | Interest rate swaps  
Disclosure of detailed information about financial instruments [line items]  
Financial liabilities, fair value $ (356)
Level 2 | Discounted cash flows | Applicable market quoted swap yield curves Credit default spread Market quoted FX rate | Cross currency interest rate swaps  
Disclosure of detailed information about financial instruments [line items]  
Financial liabilities, fair value (334)
Level 2 | Closely related listed product | Applicable forward quoted metal price | Provisionally priced receivables  
Disclosure of detailed information about financial instruments [line items]  
Financial assets, fair value 1,234
Level 3 | Discounted cash flows | Forward commodity price Mine production | Royalty receivables  
Disclosure of detailed information about financial instruments [line items]  
Financial assets, fair value 209
Level 3 | Option pricing model | LME forward aluminium price Midwest premium and billet premium | Derivatives embedded in electricity contracts  
Disclosure of detailed information about financial instruments [line items]  
Financial liabilities, fair value $ (208)