v3.25.2
Employee benefits, restructuring and post-retirement employee benefits provisions (Tables)
 12 Months Ended
Jun. 30, 2025
Text block 1 [Abstract]  
Summary of Employee Benefits, Restructuring and Post-retirement Employee Benefits Provisions
    
2025
      2024  
    
US$M
      US$M  
Employee benefits
1
   
 
1,879
 
      1,698  
Restructuring
2
   
 
83
 
      45  
Post-retirement employee benefits
3
   
 
336
 
      300  
  
 
 
     
 
 
  
Total provisions
   
 
2,298
 
      2,043  
  
 
 
     
 
 
  
Comprising:
      
Current
   
 
1,893
 
      1,677  
Non-current
   
 
405
 
      366  
Summary of Reconciliation of Employee Benefits Restructuring and Postretirement Employee Benefits
2025
   
Employee
benefits
     
Restructuring
     
Post-
retirement
employee
benefits
3
     
Total
  
    
US$M
     
US$M
     
US$M
     
US$M
  
At the beginning of the financial year
   
 
1,698
 
   
 
45
 
   
 
300
 
   
 
2,043
 
Charge/(credit) for the year:
            
Underlying
   
 
1,511
 
   
 
275
 
   
 
56
 
   
 
1,842
 
Discounting
   
 
–
 
   
 
–
 
   
 
28
 
   
 
28
 
Yield on defined benefit scheme assets
   
 
–
 
   
 
–
 
   
 
(11
)
   
 
(11
)
Exchange variations
   
 
(11
)
   
 
–
 
   
 
5
 
   
 
(6
)
Released during the year
   
 
(5
)
   
 
(13
)
   
 
–
 
   
 
(18
)
Remeasurement losses taken to retained earnings
   
 
–
 
   
 
–
 
   
 
8
 
   
 
8
 
Utilisation
   
 
(1,314
)
   
 
(224
)
   
 
(51
)
   
 
(1,589
)
Transfers and other movements
   
 
–
 
   
 
–
 
   
 
1
 
   
 
1
 
  
 
 
     
 
 
     
 
 
     
 
 
  
At the end of the financial year
   
 
1,879
 
   
 
83
 
   
 
336
 
   
 
2,298
 
  
 
 
     
 
 
     
 
 
     
 
 
  
 
1
 
The expenditure associated with total employee benefits will occur in a pattern consistent with when employees choose to exercise their entitlement to benefits.
 
2
 
Total restructuring provisions include provisions for terminations and office closures.
 
3
 
The net liability recognised in the Consolidated Balance Sheet includes US$127 million present value of funded defined benefits pension obligation (2024: US$142 million) offset by fair value of defined benefit scheme assets US$134 million (2024: US$147 million), US$67 million present value of unfunded defined pension and post-retirement medical benefits obligation (2024: US$63 million) and US$276 million unfunded post-employment benefits obligation in Chile (2024: US$242 million).