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Glencore (Glencore) PensionAndRetirementBenefit : $800 Mil (As of Dec. 2023)


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What is Glencore PensionAndRetirementBenefit?

Glencore's PensionAndRetirementBenefit for the quarter that ended in Dec. 2023 was $800 Mil.

Glencore's quarterly PensionAndRetirementBenefit increased from Dec. 2022 ($677 Mil) to Jun. 2023 ($690 Mil) and increased from Jun. 2023 ($690 Mil) to Dec. 2023 ($800 Mil).

Glencore's annual PensionAndRetirementBenefit declined from Dec. 2021 ($939 Mil) to Dec. 2022 ($677 Mil) but then increased from Dec. 2022 ($677 Mil) to Dec. 2023 ($800 Mil).


Glencore PensionAndRetirementBenefit Historical Data

The historical data trend for Glencore's PensionAndRetirementBenefit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Glencore PensionAndRetirementBenefit Chart

Glencore Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PensionAndRetirementBenefit
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1,161.00 939.00 677.00 800.00

Glencore Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
PensionAndRetirementBenefit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 939.00 860.00 677.00 690.00 800.00

Glencore PensionAndRetirementBenefit Calculation

PensionAndRetirementBenefit is the carrying amount as of the balance sheet date of the portion of the obligations recognized for the various benefits provided to former or inactive employees, their beneficiaries, and covered dependents after employment but before retirement.


Glencore (Glencore) Business Description

Address
Baarermattstrasse 3, P.O. Box 1363, Baar, CHE, CH-6340
Glencore is one of the world's largest commodities traders, active in markets for metals and minerals, energy products, and agricultural goods. The firm's Marketing business provides sourcing, logistics, transportation, storage, and financing services to commodity producers and consumers around the globe. Core exposures are in the production of thermal coal, coking coal, copper, zinc, nickel, cobalt, and ferroalloys. Unlike other major miners, Glencore plans to produce thermal coal until its mines exhaust, arguing that it is better for listed, western companies to own these assets and then rehabilitate them consistent with western standards. It has also agreed to buy Teck's metallurgical coal business, with the deal likely closing in the third quarter of 2024.

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