v3.26.1
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