BORROWINGS - Short term borrowings (Details) € in Millions, ¥ in Millions, £ in Millions, $ in Millions |
Mar. 29, 2026
EUR (€)
|
Jun. 30, 2026
GBP (£)
|
Jun. 30, 2026
USD ($)
|
Jun. 30, 2026
EUR (€)
|
Jun. 30, 2026
CNY (¥)
|
Dec. 31, 2025
GBP (£)
|
Dec. 31, 2025
EUR (€)
|
Dec. 31, 2025
CNY (¥)
|
|---|---|---|---|---|---|---|---|---|
| Borrowings | ||||||||
| Current | £ 1,962 | £ 836 | ||||||
| Borrowings | 8,252 | 8,609 | ||||||
| Commercial paper | ||||||||
| Borrowings | ||||||||
| Current | 325 | $ 430 | £ 0 | |||||
| Borrowings | £ 325 | |||||||
| Commercial paper | Euro | ||||||||
| Borrowings | ||||||||
| Nominal value | € | € 2,000 | |||||||
| Commercial paper | USD | ||||||||
| Borrowings | ||||||||
| Nominal value | $ | $ 10,000 | |||||||
| Commercial paper | Weighted average | ||||||||
| Borrowings | ||||||||
| Interest rate | 4.50% | 4.50% | 4.50% | 4.50% | ||||
| Short-term bank loans | Weighted average | ||||||||
| Borrowings | ||||||||
| Interest rate | 2.90% | 2.90% | 2.90% | 2.90% | 2.90% | 2.90% | 2.90% | |
| Pre-Separation EUR Medium Term Note | ||||||||
| Borrowings | ||||||||
| Current | £ 739 | € 850 | ||||||
| Repayment of notes | € | € 850 | |||||||
| Pre-Separation USD Notes | ||||||||
| Borrowings | ||||||||
| Current | £ 1,509 | $ 2,000 | ||||||
| Short-term notes in issue | ||||||||
| Borrowings | ||||||||
| Average effective pre-swap interest rate | 3.40% | 3.40% | 3.40% | 3.40% | 1.30% | 1.30% | 1.30% | |
| Average effective post-swap interest rate | 3.00% | 3.00% | 3.00% | 3.00% | 3.60% | 3.60% | 3.60% | |
| CNY short-term bank loans | ||||||||
| Borrowings | ||||||||
| Current | £ 55 | ¥ 491 | £ 22 | ¥ 201 |