XML 611 R161.htm IDEA: XBRL DOCUMENT v3.25.4
Financial instruments and risk management - Summary of impact of hedging instrument on statement of financial position (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Disclosure of detailed information about financial instruments [line items]      
Change in fair value in the period $ 22 $ (92) $ (54)
(Gains)/losses reclassified from reserves to income statement (2,805) 3,439 $ (655)
Aluminium Forward Contracts Embedded In Electricity Purchase Contracts      
Disclosure of detailed information about financial instruments [line items]      
Nominal value of hedged item 698 890  
Carrying amount (216) (113)  
Change in fair value in the period (135) 42  
Embedded derivatives in other financial liabilities 218 154  
Highly probable forecast aluminium sales      
Disclosure of detailed information about financial instruments [line items]      
Cash flow hedge reserve (159) (39)  
Change in fair value in the period 406 (26)  
Highly probable forecast aluminium sales | Cash flow hedge reserve      
Disclosure of detailed information about financial instruments [line items]      
Total hedging gains/(losses) recognised in reserves (135) 42  
Hedge ineffectiveness in the period gains 0 0  
(Gains)/losses reclassified from reserves to income statement 20 5  
Power purchase agreements      
Disclosure of detailed information about financial instruments [line items]      
Nominal value of hedged item 4,443 4,432  
Carrying amount (2) (41)  
Change in fair value in the period 39 (41)  
Highly probable future energy purchases      
Disclosure of detailed information about financial instruments [line items]      
Cash flow hedge reserve (2) (7)  
Change in fair value in the period 5 (7)  
Highly probable future energy purchases | Cash flow hedge reserve      
Disclosure of detailed information about financial instruments [line items]      
Total hedging gains/(losses) recognised in reserves 139 (7)  
Hedge ineffectiveness in the period gains 93 36  
(Gains)/losses reclassified from reserves to income statement $ (133) $ 0