v3.25.2
Net Debt - Summary of Net Debt Balance and Gearing Ratio (Detail) - USD ($)
$ in Millions
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2023
Interest bearing liabilities, Current      
Bank loans $ 40 $ 540  
Notes and debentures 1,316 848  
Lease liabilities 641 686  
Bank overdraft and short-term borrowings 1 3 $ 5
Other 20 7  
Total interest bearing liabilities 2,018 2,084  
Less: Lease liability associated with index-linked freight contracts current 185 267  
Less: Cash and cash equivalents      
Cash 7,244 8,150  
Short-term deposits 4,650 4,351  
Less: Total cash and cash equivalents 11,894 12,501 $ 12,428
Net debt management related instruments 13 (171)  
Net cash management related instruments (60) (19)  
Less: Total derivatives included in net debt (47) (190)  
Interest bearing liabilities, Non-current      
Bank loans 3,691 2,070  
Notes and debentures 16,337 14,084  
Lease liabilities 2,312 2,430  
Other 138 50  
Total interest bearing liabilities 22,478 18,634  
Less: Lease liability associated with index-linked freight contracts non current 148 244  
Net debt management related instruments (608) (1,224)  
Net cash management related instruments 0 0  
Less: Total derivatives included in net debt (608) (1,224)  
Net debt 12,924 9,120  
Net assets $ 52,218 $ 49,120  
Gearing 19.80% 15.70%