v3.26.1
Equity (Tables)
6 Months Ended
Jun. 27, 2026
Equity  
Schedule of movement in the cash flow hedge reserve and foreign currency translation reserve

27 June

28 June

2026

2025

Foreign currency translation reserve

  ​ ​ ​

$m

  ​ ​ ​

$m

At 1 January

(341)

(520)

Exchange (loss)/gain on translation of foreign operations

(45)

261

Exchange gain/(loss) arising on hedging instruments

25

(68)

(361)

(327)

  ​

27 June

28 June

2026

2025

Cash flow hedge reserve

$m

$m

At 1 January

18

34

Gain/(loss) arising in the period

27

(47)

Gain recycled to income statement in the period

(5)

Taxation

9

45

(9)