Pension and other post-retirement obligations (Tables)
12 Months Ended
Jun. 30, 2021
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Summary of Net Liability Recognised in Consolidated Balance Sheet
Net liability recognised in the Consolidated Balance Sheet
The net liability recognised in the Consolidated Balance Sheet is as follows:
 
    
Defined benefit pension

schemes / post-

employment obligations
   
Post-retirement medical

schemes
 
    
2021
    2020    
2021
     2020  
    
US$M
    US$M    
US$M
     US$M  
Present value of funded defined benefit obligation
  
 
377
 
    613    
 
–
 
     –  
Present value of unfunded defined benefit obligation
  
 
358
 
    354    
 
197
 
     214  
Fair value of defined benefit scheme assets
  
 
(398
) 
    (634 )   
 
–
 
     –  
    
 
 
   
 
 
   
 
 
    
 
 
 
Scheme deficit
  
 
337
 
    333    
 
197
 
     214  
    
 
 
   
 
 
   
 
 
    
 
 
 
Unrecognised surplus
  
 
–
 
    –    
 
–
 
     –  
Unrecognised past service credits
  
 
–
 
    –    
 
–
 
     –  
Adjustment for employer contributions tax
  
 
–
 
    –    
 
–
 
     –  
    
 
 
   
 
 
   
 
 
    
 
 
 
Net liability recognised in the Consolidated Balance Sheet
  
 
337
 
    333    
 
197
 
     214