XML 406 R35.htm IDEA: XBRL DOCUMENT v3.22.4
Other financial assets and liabilities
 12 Months Ended
Dec. 31, 2022
Disclosure of offsetting of financial liabilities [abstract]  
Other financial assets and liabilities
23     Other financial assets and liabilities
Other financial assets

Non-current
2022
US$m
Current
2022
US$m
Total
2022
US$m
Non-current
2021
US$m
Current
2021
US$m
Total
2021
US$m
Derivatives not related to net debt39 28 67 80 53 133 
Derivatives related to net debt2 — 2 130 9 139 
Equity shares and quoted funds
154 68 222 98 19 117 
Other investments, including loans(a)
211 2,064 2,275 220 2,462 2,682 
Total406 2,160 2,566 528 2,543 3,071 
(a)Current “Other investments, including loans” includes US$1,998 million (2021: US$2,401 million) of highly liquid financial assets held in managed investment funds classified as held for trading and included within our net (debt)/cash definition.
Other financial liabilities
Non-current
2022
US$m
Current
2022
US$m
Total
2022
US$m
Non-current
2021
US$m
Current
2021
US$m
Total
2021
US$m
Derivatives not related to net debt220 61 281 153 225 378 
Derivatives related to net debt684 8 692 240 — 240 
Other financial liabilities— — — — 20 20 
Total other financial liabilities904 69 973 393 245 638 
Offsetting and enforceable master netting agreements
When we have a legally enforceable right to offset our financial assets and liabilities and an intention to settle on a net basis, or realise the asset and settle the liability simultaneously, we report the net amount in the consolidated balance sheet. Agreements with derivative counterparties are based on the International Swaps and Derivatives Association master netting agreements that do not meet the criteria for offsetting, but allow for the related amounts to be set-off in certain circumstances. During the year, there were no material amounts offset in the balance sheet.