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

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27 June

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28 June

​

​

2026

​

2025

Foreign currency translation reserve

  ​ ​ ​

$m

  ​ ​ ​

$m

At 1 January

​

(341)

​

(520)

Exchange (loss)/gain on translation of foreign operations

​

(45)

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261

Exchange gain/(loss) arising on hedging instruments

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25

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(68)

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​

(361)

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(327)

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27 June

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28 June

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2026

​

2025

Cash flow hedge reserve

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$m

​

$m

At 1 January

​

18

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34

Gain/(loss) arising in the period

​

27

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(47)

Gain recycled to income statement in the period

​

–

​

(5)

Taxation

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–

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9

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45

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(9)