v3.25.2
Goodwill and other intangible assets
12 Months Ended
Dec. 31, 2023
Intangible Assets [Abstract]  
Goodwill and other intangible assets Goodwill and other intangible assets
2023
$ million
Other intangible assets
GoodwillLNG off-take
and sales contracts
Environmental certificatesOtherTotal
Cost
At January 117,5579,8332,2018,15820,192
Additions1,4363,8371,721
[C]
5,558
Sales, retirements and other movements [A]
(506)(99)(3,714)(376)

(4,189)
Currency translation differences5567139206
At December 3118,5429,7342,3919,64221,767
Depreciation, depletion and amortisation, including impairments
At January 11,5186,0604,47010,530
Charge for the year [B]
6357904421,232
Sales, retirements and other movements [A]
(296)(99)(222)(321)
Currency translation differences257373
At December 311,8826,7514,76311,514
Carrying amount at December 3116,6602,9832,3914,879
[D]
10,253
[A]Includes the reclassification of assets classified as held for sale. (See Note 18).
[B]Includes impairment losses and reversals. (See Note 12).
[C]Includes feedstock supply contracts and intellectual property rights ($948 million) from an acquisition in Marketing and software ($357 million) primarily in Integrated Gas and Marketing.
[D]Includes software ($829 million), power purchase agreements, retail customer relationships and trademarks.
2022
$ million
Other intangible assets
GoodwillLNG off-take
and sales contracts
Environmental certificatesOtherTotal
Cost
At January 116,1179,8332,7476,67919,259
Additions1,9542,3381,263
[C]
3,601
Sales, retirements and other movements [A]
(351)(2,749)459
[D]
(2,290)
Currency translation differences(163)(135)(243)(378)
At December 3117,5579,8332,2018,15820,192
Depreciation, depletion and amortisation, including impairments
At January 1 1,1975,2674,2199,486
Charge for the year [B]
3607935321,325
Sales, retirements and other movements [A]
(137)(137)
Currency translation differences(39)(144)(144)
At December 311,5186,0604,47010,530
Carrying amount at December 3116,0393,7732,2013,688
[E]
9,662
[A]Includes the reclassification of assets classified as held for sale. (See Note 18).
[B]Includes impairment losses and reversals. (See Note 12).
[C]Includes other intangible assets ($1,010 million) mainly acquired through acquisitions in Marketing and Renewables and Energy Solutions.
[D]Includes the reclassification from goodwill following the completion of a purchase price allocation in Renewables and Energy Solutions.
[E]Includes software ($583 million), power purchase agreements, retail customer relationships and trademarks.
Goodwill at December 31, 2023, related principally to the acquisition of BG Group plc in 2016, allocated to Integrated Gas ($4,945 million) and Upstream ($5,294 million) at the operating segment level, and to Pennzoil-Quaker State Company ($1,665 million), a lubricants business in the Marketing segment based largely in North America.
Additions to goodwill in 2023 of $1,436 million mainly related to goodwill recognised from acquisitions in Marketing ($1,304 million) and Renewables and Energy Solutions ($132 million).