Anheuser-Busch InBev (BUD) 20-F 18 Mar 22 2021 FY Annual report (foreign) Financial data

Cover Page

Cover Page	12 Months Ended
	Dec. 31, 2021shares
Document Information [Line Items]
Document Type	20-F
Amendment Flag	false
Document Period End Date	Dec. 31, 2021
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	FY
Current Fiscal Year End Date	--12-31
Document Registration Statement	false
Document Annual Report	true
Document Transition Report	false
Document Shell Company Report	false
Entity Registrant Name	Anheuser-Busch InBev SA/NV
Entity Central Index Key	0001668717
Entity File Number	001-37911
Entity Incorporation, State or Country Code	C9
Entity Address, Address Line One	Brouwerijplein 1
Entity Address, City or Town	Leuven
Entity Address, Country	BE
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	true
Document Accounting Standard	International Financial Reporting Standards
Entity Shell Company	false
Entity Common Stock, Shares Outstanding	1,737,135,607
Entity Address, Postal Zip Code	3000
Auditor Name	PwC Bedrijfsrevisoren BV / Reviseurs d’Entreprises SRL
Auditor Firm ID	1350
Auditor Location	Diegem, Belgium
Business Contact [Member]
Document Information [Line Items]
Contact Personnel Name	John Blood
Entity Address, Address Line One	Brouwerijplein 1
Entity Address, City or Town	Leuven
Entity Address, Country	BE
City Area Code	+ 32
Local Phone Number	16 27 61 11
Contact Personnel Email Address	Corporategovernance@ab-inbev.com
Entity Address, Postal Zip Code	3000
Ordinary shares [member]
Document Information [Line Items]
Title of 12(b) Security	Ordinary shares without nominal value
Security Exchange Name	NYSE
No Trading Symbol Flag	true
American Depositary Shares, each representing one ordinary share without nominal value
Document Information [Line Items]
Title of 12(b) Security	American Depositary Shares, each representing one ordinary share without nominal value
Trading Symbol	BUD
Security Exchange Name	NYSE
6.375% Notes due 2040 (issued January 2010)
Document Information [Line Items]
Title of 12(b) Security	6.375% Notes due 2040 (issued January 2010)
Trading Symbol	BUD40
Security Exchange Name	NYSE
8.200% Notes due 2039 (issued March 2011)
Document Information [Line Items]
Title of 12(b) Security	8.200% Notes due 2039 (issued March 2011)
Trading Symbol	BUD39
Security Exchange Name	NYSE
3.750% Notes due 2042 (issued July 2012)
Document Information [Line Items]
Title of 12(b) Security	3.750% Notes due 2042 (issued July 2012)
Trading Symbol	BUD42A
Security Exchange Name	NYSE
4.000% Notes due 2043 (issued January 2013)
Document Information [Line Items]
Title of 12(b) Security	4.000% Notes due 2043 (issued January 2013)
Trading Symbol	BUD/43
Security Exchange Name	NYSE
4.625% Notes due 2044 (issued January 2014)
Document Information [Line Items]
Title of 12(b) Security	4.625% Notes due 2044 (issued January 2014)
Trading Symbol	BUD/44
Security Exchange Name	NYSE
4.700% Notes due 2036 (issued January 2016)
Document Information [Line Items]
Title of 12(b) Security	4.700% Notes due 2036 (issued January 2016)
Trading Symbol	BUD/36
Security Exchange Name	NYSE
4.900% Notes due 2046 (issued January 2016)
Document Information [Line Items]
Title of 12(b) Security	4.900% Notes due 2046 (issued January 2016)
Trading Symbol	BUD/46
Security Exchange Name	NYSE
4.950% Notes due 2042 (issued December 2016)
Document Information [Line Items]
Title of 12(b) Security	4.950% Notes due 2042 (issued December 2016)
Trading Symbol	BUD/42
Security Exchange Name	NYSE
6.625% Notes due 2033 (issued December 2016)
Document Information [Line Items]
Title of 12(b) Security	6.625% Notes due 2033 (issued December 2016)
Trading Symbol	BUD/33
Security Exchange Name	NYSE
5.875% Notes due 2035 (issued December 2016)
Document Information [Line Items]
Title of 12(b) Security	5.875% Notes due 2035 (issued December 2016)
Trading Symbol	BUD/35
Security Exchange Name	NYSE
4.439% Notes due 2048 (issued August 2017)
Document Information [Line Items]
Title of 12(b) Security	4.439% Notes due 2048 (issued August 2017)
Trading Symbol	BUD/48
Security Exchange Name	NYSE
4.000% Notes due 2028 (issued April 2018)
Document Information [Line Items]
Title of 12(b) Security	4.000% Notes due 2028 (issued April 2018)
Trading Symbol	BUD/28
Security Exchange Name	NYSE
4.375% Notes due 2038 (issued April 2018)
Document Information [Line Items]
Title of 12(b) Security	4.375% Notes due 2038 (issued April 2018)
Trading Symbol	BUD/38
Security Exchange Name	NYSE
4.600% Notes due 2048 (issued April 2018)
Document Information [Line Items]
Title of 12(b) Security	4.600% Notes due 2048 (issued April 2018)
Trading Symbol	BUD/48A
Security Exchange Name	NYSE
4.750% Notes due 2058 (issued April 2018)
Document Information [Line Items]
Title of 12(b) Security	4.750% Notes due 2058 (issued April 2018)
Trading Symbol	BUD/58
Security Exchange Name	NYSE
Floating Rate Notes due 2024 (issued April 2018)
Document Information [Line Items]
Title of 12(b) Security	Floating Rate Notes due 2024 (issued April 2018)
Trading Symbol	BUD24A
Security Exchange Name	NYSE
4.750% Notes due 2029 (issued January 2019)
Document Information [Line Items]
Title of 12(b) Security	4.750% Notes due 2029 (issued January 2019)
Trading Symbol	BUD/29
Security Exchange Name	NYSE
4.900% Notes due 2031 (issued January 2019)
Document Information [Line Items]
Title of 12(b) Security	4.900% Notes due 2031 (issued January 2019)
Trading Symbol	BUD/31
Security Exchange Name	NYSE
5.450% Notes due 2039 (issued January 2019)
Document Information [Line Items]
Title of 12(b) Security	5.450% Notes due 2039 (issued January 2019)
Trading Symbol	BUD/39A
Security Exchange Name	NYSE
5.550% Notes due 2049 (issued January 2019)
Document Information [Line Items]
Title of 12(b) Security	5.550% Notes due 2049 (issued January 2019)
Trading Symbol	BUD/49
Security Exchange Name	NYSE
5.800% Notes due 2059 (issued January 2019)
Document Information [Line Items]
Title of 12(b) Security	5.800% Notes due 2059 (issued January 2019)
Trading Symbol	BUD/59
Security Exchange Name	NYSE
4.900% Notes due 2046 (issued May 2019)
Document Information [Line Items]
Title of 12(b) Security	4.900% Notes due 2046 (issued May 2019)
Trading Symbol	BUD/46A
Security Exchange Name	NYSE
4.700% Notes due 2036 (issued May 2019)
Document Information [Line Items]
Title of 12(b) Security	4.700% Notes due 2036 (issued May 2019)
Trading Symbol	BUD/36A
Security Exchange Name	NYSE
3.650% Notes due 2026 (issued May 2019)
Document Information [Line Items]
Title of 12(b) Security	3.650% Notes due 2026 (issued May 2019)
Trading Symbol	BUD/26A
Security Exchange Name	NYSE
3.500% Notes due 2030 (issued April 2020)
Document Information [Line Items]
Title of 12(b) Security	3.500% Notes due 2030 (issued April 2020)
Trading Symbol	BUD/30
Security Exchange Name	NYSE
4.350% Notes due 2040 (issued April 2020)
Document Information [Line Items]
Title of 12(b) Security	4.350% Notes due 2040 (issued April 2020)
Trading Symbol	BUD/40
Security Exchange Name	NYSE
4.500% Notes due 2050 (issued April 2020)
Document Information [Line Items]
Title of 12(b) Security	4.500% Notes due 2050 (issued April 2020)
Trading Symbol	BUD/50
Security Exchange Name	NYSE
4.600% Notes due 2060 (issued April 2020)
Document Information [Line Items]
Title of 12(b) Security	4.600% Notes due 2060 (issued April 2020)
Trading Symbol	BUD/60
Security Exchange Name	NYSE

Consolidated Statement of Finan

Consolidated Statement of Financial Position - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Non-current assets
Property, plant and equipment	$ 26,678	$ 26,419
Goodwill	115,796	120,971
Intangible assets	40,430	41,527
Investments in associates and joint ventures	5,874	6,143
Investment securities	161	137
Deferred tax assets	1,969	2,019
Employee benefits	5	6
Income tax receivables	1,137	869
Derivatives	48	138
Trade and other receivables	1,580	1,661
Total non-current assets	193,678	199,891
Current assets
Investment securities	374	396
Inventories	5,399	4,482
Income tax receivables	381	655
Derivatives	621	827
Trade and other receivables	5,046	4,833
Cash and cash equivalents	12,097	15,252
Assets classified as held for sale	30	74
Total current assets	23,949	26,519
Total assets	217,627	226,410
Equity
Issued capital	1,736	1,736
Share premium	17,620	17,620
Reserves	15,431	17,798
Retained earnings	33,882	30,870
Equity attributable to equity holders of AB InBev	68,669	68,024
Non-controlling interests	10,671	10,327
Total equity	79,340	78,351
Non-current liabilities
Interest-bearing loans and borrowings	87,369	95,478
Employee benefits	2,261	2,970
Deferred tax liabilities	12,204	12,627
Income tax payables	726	808
Derivatives	100	1,759
Trade and other payables	1,008	1,522
Provisions	436	544
Total non-current liabilities	104,104	115,707
Current liabilities
Bank overdrafts	53	5
Interest-bearing loans and borrowings	1,408	3,081
Income tax payables	1,334	1,036
Derivatives	5,786	5,046
Trade and other payables	25,434	22,965
Provisions	169	219
Total current liabilities	34,184	32,352
Total equity and liabilities	$ 217,627	$ 226,410

Consolidated Income Statement

Consolidated Income Statement - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Profit or loss [abstract]
Revenue	$ 54,304	$ 46,881	$ 52,329
Cost of sales	(23,097)	(19,634)	(20,362)
Gross profit	31,207	27,247	31,967
Distribution expenses	(5,889)	(5,104)	(5,525)
Sales and marketing expenses	(7,292)	(6,861)	(7,348)
Administrative expenses	(4,394)	(3,404)	(3,548)
Other operating income/(expenses)	805	845	875
COVID-19 costs	(105)	(182)
Restructuring	(172)	(157)	(170)
Business and asset disposal (including impairment losses)	(247)	(239)	(50)
Acquisition costs business combinations	(17)	(25)	(23)
Zenzele Kabili costs	(72)
Impairment of goodwill		(2,500)
Brazil state tax regularization program			(74)
Cost related to public offering of minority stake in Budweiser APAC			(6)
Profit from operations	13,824	9,620	16,098
Finance cost	(6,040)	(8,419)	(5,993)
Finance income	431	722	2,519
Net finance income/(cost)	(5,609)	(7,697)	(3,473)
Share of result of associates and joint ventures	248	156	152
Profit before tax	8,463	2,079	12,776
Income tax expense	(2,350)	(1,932)	(2,786)
Profit from continuing operations	6,114	147	9,990	[1]
Profit from discontinued operations	0	2,055	424
Profit of the period	6,114	2,202	10,414
Profit/(loss) from continuing operations attributable to:
Equity holders of AB InBev	4,670	(650)	8,748
Non-controlling interest	1,444	797	1,243
Profit of the period attributable to:
Equity holders of AB InBev	4,670	1,405	9,171
Non-controlling interest	$ 1,444	$ 797	$ 1,243
Basic earnings per share	$ 2.33	$ 0.70	$ 4.62
Diluted earnings per share	2.28	0.69	4.53
Basic earnings per share from continuing operations	2.33	(0.33)	4.41
Diluted earnings per share from continuing operations	$ 2.28	$ (0.33)	$ 4.32
[1]	The consolidated statement of cash flows for 2019 has been restated to include operating, investing and financing activities from discontinued operations separately in the cashflow statement. In addition, the 2019 cash flow from investing activities has been restated to reflect reclassification of the cash flow hedges in relation to the Australia divestiture reported in the financing activities in 2019 and recycled to profit or loss upon the completion of the transaction.

Consolidated Statement of Compr

Consolidated Statement of Comprehensive Income - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Statement of comprehensive income [abstract]
Profit of the period	$ 6,114	$ 2,202	$ 10,414
Other comprehensive income/(loss): items that will not be reclassified to profit or loss:
Re-measurements of post-employment benefits	504	(263)	(182)
Other comprehensive income/(loss) that will not be reclassified to profit or loss, net of tax	504	(263)	(182)
Other comprehensive income/(loss): items that may be reclassified subsequently to profit or loss:
Exchange differences on translation of foreign operations	(4,681)	(10,951)	947
Effective portion of changes in fair value of net investment hedges	156	479	(157)
Cash flow hedges recognized in equity	1,060	739	182
Cash flow hedges and cumulative translation adjustments reclassified from equity to profit or loss in relation to Australia divestiture		426
Cash flow hedges reclassified from equity to profit or loss	(920)	(533)	(292)
Other comprehensive income/(loss) that will be reclassified to profit or loss net of tax	(4,385)	(9,841)	680
Other comprehensive income/(loss), net of tax	(3,881)	(10,104)	498
Total comprehensive income/(loss)	2,233	(7,901)	10,912
Attributable to:
Equity holders of AB InBev	934	(8,156)	10,044
Non-controlling interest	$ 1,299	$ 255	$ 867

Consolidated Statement of Chang

Consolidated Statement of Changes in Equity € in Millions, $ in Millions		USD ($)	EUR (€)	Issued capital [member]USD ($)	Share premium [member]USD ($)	Treasury shares [member]USD ($)	Reserves [member]USD ($)	Share-based payments reserves [member]USD ($)	OCI reserves [member]USD ($)	Retained earnings [member]USD ($)	Equity attributable to owners of parent [member]USD ($)	Non-controlling interest [member]USD ($)
Beginning balance at Dec. 31, 2018		$ 71,889		$ 1,736	$ 17,620	$ (6,549)	$ 45,726	$ 2,037	$ (22,152)	$ 26,068	$ 64,485	$ 7,404
Profit of the period		10,414								9,171	9,171	1,243
Other comprehensive income/(loss)
Exchange differences on translation of foreign operations (gains/(losses))		790							1,143		1,143	(353)
Cash flow hedges		(110)							(97)		(97)	(13)
Re-measurements of post-employment benefits		(182)							(173)		(173)	(9)
Total comprehensive income/(loss)		10,912							873	9,171	10,044	867
Dividends		(5,179)	€ (2,590)							(4,117)	(4,117)	(1,062)
Treasury shares						279				(279)
Share-based payments		319						290			290	29
Hyperinflation monetary adjustments		354								219	219	135
Sales/(purchase) of non-controlling interests		5,805					4,378				4,378	1,427
Scope and other changes		452								421	421	31
Ending balance at Dec. 31, 2019		84,553		1,736	17,620	(6,270)	50,104	2,327	(21,279)	31,484	75,722	8,831
Profit of the period		2,202								1,405	1,405	797
Other comprehensive income/(loss)
Exchange differences on translation of foreign operations (gains/(losses))		(10,473)							(9,943)		(9,943)	(529)
Cash flow hedges		206							198		198	8
Cash flow hedges and cumulative translation adjustments reclassified from equity to profit or loss in relation to Australia divestiture		426							426		426
Re-measurements of post-employment benefits		(263)							(243)		(243)	(20)
Total comprehensive income/(loss)		(7,901)							(9,562)	1,405	(8,156)	255
Dividends		(1,923)								(1,118)	(1,118)	(804)
Treasury shares		385				1,359				(974)	385
Share-based payments		20						3			3	17
Hyperinflation monetary adjustments		259								160	160	99
Sales/(purchase) of non-controlling interests	[1]	2,985					1,116				1,116	1,869
Scope and other changes		(26)								(87)	(87)	60
Ending balance at Dec. 31, 2020		78,351		1,736	17,620	(4,911)	51,220	2,330	(30,841)	30,870	68,024	10,327
Profit of the period		6,114								4,670	4,670	1,444
Other comprehensive income/(loss)
Exchange differences on translation of foreign operations (gains/(losses))		(4,525)							(4,320)		(4,320)	(205)
Cash flow hedges		140							105		105	35
Re-measurements of post-employment benefits		504							479		479	25
Total comprehensive income/(loss)		2,233							(3,736)	4,670	934	1,299
Dividends		(2,251)								(1,139)	(1,139)	(1,112)
Treasury shares		81				917				(836)	81
Share-based payments		478						451			451	28
Hyperinflation monetary adjustments		374								231	231	143
Scope and other changes		73								86	86	(14)
Ending balance at Dec. 31, 2021		$ 79,340		$ 1,736	$ 17,620	$ (3,994)	$ 51,220	$ 2,780	$ (34,577)	$ 33,882	$ 68,669	$ 10,671
[1]	The 2020 sale of non-controlling interest relates to the issuance of a 49.9% minority stake in the company’s US-based metal container operations completed in December 2020 (refer to Note 22 Changes in equity and earnings per share for more details).

Consolidated Statement of Cash

Consolidated Statement of Cash Flows - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020		Dec. 31, 2019	[1]
OPERATING ACTIVITIES
Profit/(loss) from continuing operations	$ 6,114	$ 147		$ 9,990
Depreciation, amortization and impairment	5,052	4,829		4,657
Impairment losses on goodwill		2,500
Impairment losses on receivables, inventories and other assets	135	218		112
Additions/(reversals) in provisions and employee benefits	196	278		216
Net finance cost/(income)	5,609	7,697		3,473
Loss/(gain) on sale of property, plant and equipment and intangible assets	(94)	(69)		(149)
Loss/(gain) on sale of subsidiaries, associates and assets held for sale	(44)	7		(34)
Equity-settled share-based payment expense	510	169		340
Income tax expense	2,350	1,932		2,786
Other non-cash items included in profit	(773)	(381)		(220)
Share of result of associates and joint ventures	(248)	(156)		(152)
Cash flow from operating activities before changes in working capital and use of provisions	18,806	17,171		21,019
Decrease/(increase) in trade and other receivables	164	516		(258)
Decrease/(increase) in inventories	(1,232)	(427)		(426)
Increase/(decrease) in trade and other payables	3,527	503		679
Pension contributions and use of provisions	(375)	(616)		(715)
Cash generated from operations	20,890	17,147		20,299
Interest paid	(3,987)	(4,340)		(4,450)
Interest received	200	255		523
Dividends received	106	51		160
Income tax paid	(2,410)	(2,306)		(3,136)
Cash flow from operating activities on Australia discontinued operations		84		640
Cash flow from operating activities	14,799	10,891		14,036
INVESTING ACTIVITIES
Acquisition of property, plant and equipment and of intangible assets	(5,640)	(3,781)		(5,174)
Proceeds from sale of property, plant and equipment and of intangible assets	142	94		320
Acquisition of subsidiaries, net of cash acquired	(451)	(510)		(385)
Sale of other subsidiaries, net of cash disposed of	7			133
Net proceeds from sale/(acquisition) of other assets	65	(292)		33
Proceeds from Australia divestiture		10,838		219
Cash flow from investing activities on Australia discontinued operations		(13)		(77)
Cash flow from investing activities	(5,878)	6,336		(4,931)
FINANCING ACTIVITIES
Sale/(purchase) of non-controlling interests		3,039		222
Proceeds from borrowings	454	14,822		22,584
Payments on borrowings	(8,965)	(23,116)		(30,592)
Cash net finance (cost)/income other than interests	(192)	(953)		(1,064)
Payment of lease liabilities	(531)	(461)		(441)
Dividends paid	(2,364)	(1,800)		(5,015)
Cash flow from financing activities on Australia discontinued operations		(6)		(24)
Proceeds from public offering of minority stake in Budweiser APAC				5,575
Cash flow from financing activities	(11,598)	(8,475)		(8,755)
Net increase/(decrease) in cash and cash equivalents	(2,677)	8,752		350
Cash and cash equivalents less bank overdrafts at beginning of year	15,247	7,169	[1]	6,960
Effect of exchange rate fluctuations	(526)	(674)		(141)
Cash and cash equivalents less bank overdrafts at end of period	$ 12,043	$ 15,247		$ 7,169
[1]	The consolidated statement of cash flows for 2019 has been restated to include operating, investing and financing activities from discontinued operations separately in the cashflow statement. In addition, the 2019 cash flow from investing activities has been restated to reflect reclassification of the cash flow hedges in relation to the Australia divestiture reported in the financing activities in 2019 and recycled to profit or loss upon the completion of the transaction.

Corporate information

Corporate information	12 Months Ended
	Dec. 31, 2021
Text block [abstract]
Corporate information	1. Corporate information Anheuser-Busch InBev is a publicly traded company (Euronext: ABI) based in Leuven, Belgium, with secondary listings on the Mexico (MEXBOL: ANB) and South Africa (JSE: ANH) stock exchanges and with American Depositary Receipts on the New York Stock Exchange (NYSE: BUD). As a company, we dream big to create a future with more cheers. We are always looking to serve up new ways to meet life’s moments, move our industry forward and make a meaningful impact in the world. We are committed to building great brands that stand the test of time and to brewing the best beers using the finest natural ingredients. Our diverse portfolio of well over 500 beer brands includes global brands Budweiser®, Corona® and Stella Artois®; multi-country brands Beck’s®, Hoegaarden®, Leffe® and Michelob Ultra®; and local champions such as Aguila®, Antarctica®, Bud Light®, Brahma®, Cass®, Castle®, Castle Lite®, Cristal®, Harbin®, Jupiler®, Modelo Especial®, Quilmes®, Victoria®, Sedrin® and Skol®. Our brewing heritage dates back more than 600 years, spanning continents and generations. From our European roots at the Den Hoorn brewery in Leuven, Belgium. To the pioneering spirit of the Anheuser & Co brewery in St. Louis, US. To the creation of the Castle Brewery in South Africa during the Johannesburg gold rush. To Bohemia, the first brewery in Brazil. Geographically diversified with a balanced exposure to developed and developing markets, we leverage the collective strengths of approximately 169 000 The consolidated financial statements of the company for the year ended 31 December 2021 comprise the company and its subsidiaries (together referred to as “AB InBev” or the “company”) and the company’s interest in associates, joint ventures and operations. The consolidated financial statements were authorized for issue by the Board of Directors on 1 6

Statement of compliance

Statement of compliance	12 Months Ended
	Dec. 31, 2021
Text block [abstract]
Statement of compliance	2. Statement of compliance The consolidated financial statements have been prepared in accordance with International Financial Reporting Standard as issued by the International Accounting Standard Board (“IASB”) and in conformity with International Financial Reporting Standards as adopted by the European Union up to 31 December 2021 (collectively “IFRS”). AB InBev did not early apply any new IFRS requirements that were not yet effective in 2021 and did not apply any European carve-outs from IFRS.

Summary of significant accounti

Summary of significant accounting policies	12 Months Ended
	Dec. 31, 2021
Text block [abstract]
Summary of significant accounting policies	3. Summary of significant accounting policies The accounting policies set out below have been applied consistently to all periods presented in these consolidated financial statements by the company and its subsidiaries. (A) BASIS OF PREPARATION AND MEASUREMENT Depending on the applicable IFRS requirements, the measurement basis used in preparing the financial statements is cost, net realizable value, fair value or recoverable amount. Whenever IFRS provides an option between cost and another measurement basis (e.g., systematic re-measurement), (B) FUNCTIONAL AND PRESENTATION CURRENCY Unless otherwise specified, all financial information included in these financial statements has been stated in US dollar and has been rounded to the nearest million. As from 2009, following the combination with Anheuser-Bush, the company changed the presentation currency of the consolidated financial statements from the euro to the US dollar to provide greater alignment of the presentation currency with AB InBev’s most significant operating currency and underlying financial performance. The functional currency of the parent company is the euro. (C) USE OF ESTIMATES AND JUDGMENTS The preparation of financial statements in conformity with IFRS requires management to make judgments, estimates and assumptions that affect the application of policies and reported amounts of assets and liabilities, income and expenses. The estimates and associated assumptions are based on historical experience and various other factors that are believed to be reasonable under the circumstances, the results of which form the basis of making the judgments about carrying values of assets and liabilities that are not readily apparent from other sources. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognized in the period in which the estimate is revised if the revision affects only that period or in the period of the revision and future periods if the revision affects both current and future periods. (D) PRINCIPLES OF CONSOLIDATION Subsidiaries are those entities controlled by AB InBev. AB InBev controls an entity when it is exposed to, or has rights to, variable returns from its involvement with the entity and has the ability to affect those returns through its power over the entity. In assessing control, potential voting rights are taken into account. Control is presumed to exist where AB InBev owns, directly or indirectly, more than one half of the voting rights (which does not always equate to economic ownership), unless it can be demonstrated that such ownership does not constitute control. The financial statements of subsidiaries are included in the consolidated financial statements from the date that control commences until the date that control ceases. Total comprehensive income of subsidiaries is attributed to the owners of the company and to the non-controlling non-controlling Associates are undertakings in which AB InBev has significant influence over the financial and operating policies, but which it does not control. This is generally evidenced by ownership of between 20% and 50% of the voting rights. A joint venture is an arrangement in which AB InBev has joint control, whereby AB InBev has rights to the net assets of the arrangement, rather than rights to its assets and obligations for its liabilities. Associates and joint ventures are accounted for by the equity method of accounting, from the date that significant influence or joint control commences until the date that significant influence or joint control ceases. When AB InBev’s share of losses exceeds the carrying amount of the associate or joint venture, the carrying amount is reduced to nil and recognition of further losses is discontinued except to the extent that AB InBev has incurred legal or constructive obligations on behalf of the associate or joint venture. Joint operations arise when AB InBev has rights to the assets and obligations to the liabilities of a joint arrangement. AB InBev accounts for its share of the assets, liabilities, revenues and expenses as from the moment joint operation commences until the date that joint operation ceases. The financial statements of the company’s subsidiaries, joint ventures, joint operations and associates are prepared for the same reporting year as the parent company, using consistent accounting policies. In exceptional cases when the financial statements of a subsidiary, joint venture, joint operation or associate are prepared as of a different date from that of AB InBev, adjustments are made for the effects of significant transactions or events that occur between that date and the date of AB InBev’s financial statements. In such cases, the difference between the end of the reporting period of these subsidiaries, joint ventures, joint operations or associates from AB InBev’s reporting period is no more than three months. Results from the company’s associates Anadolu Efes and Castel are reported on a three-month lag. Therefore, estimates are made to reflect AB InBev’s share in the result of these associates for the last quarter. Such estimates are revisited when required. Transactions with non-controlling non-controlling non-controlling All intercompany transactions, balances and unrealized gains and losses on transactions between group companies have been eliminated. Unrealized gains arising from transactions with joint ventures, joint operations and associates are eliminated to the extent of AB InBev’s interest in the entity. Unrealized losses are eliminated in the same way as unrealized gains, but only to the extent that there is no evidence of impairment. A listing of the company’s most important subsidiaries, joint ventures, joint operations and associates is set out in Note 35 AB InBev companies (E) SUMMARY OF CHANGES IN ACCOUNTING POLICIES A number of new standards, amendment to standards and new interpretations became mandatory for the first time for the financial year beginning on 1 January 2021 and have not been listed in these consolidated financial statements as they either do not apply or are immaterial to AB InBev’s consolidated financial statements. (F) FOREIGN CURRENCIES Foreign currency transactions Foreign currency transactions are accounted for at exchange rates prevailing at the date of the transactions. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rates prevailing on the date of the balance sheet. Gains and losses resulting from the settlement of foreign currency transactions and from the translation of monetary assets and liabilities denominated in foreign currencies are recognized in the income statement. Non-monetary Non-monetary Translation of the results and financial position of foreign operations Assets and liabilities of foreign operations are translated to US dollar at foreign exchange rates prevailing at the balance sheet date. Income statements of foreign operations, excluding foreign entities in hyperinflationary economies, are translated to US dollar at exchange rates for the year approximating the foreign exchange rates prevailing at the dates of the transactions. The components of shareholders’ equity are translated at historical rates. Exchange differences arising from the translation of shareholders’ equity to US dollar at period-end Financial Reporting in hyperinflationary economies In May 2018, the Argentinean peso underwent a severe devaluation, causing Argentina´s three-year cumulative inflation to exceed 100% and thus, triggering the requirement to transition to hyperinflation accounting as prescribed by IAS 29 Financial Reporting in Hyperinflationary Economies Under IAS 29, non-monetary re-measured Consequently, the company applied hyperinflation accounting for its Argentinean subsidiaries for the first time in the year-to-date • Non-monetary Finance cost and income • The income statement is adjusted at the end of each reporting period using the change in the general price index. It is converted at the closing exchange rate of each period (rather than the year-to-date non-hyperinflationary year-to-date The 2021 results, restated for purchasing power, were translated at the December 2021 closing rate of 102.749214 Argentinean pesos per US dollar (2020 results - at 84.143520 Argentinean pesos per US dollar). Exchange rates The most important exchange rates that have been used in preparing the financial statements are: Closing rate Average rate 1 US dollar equals: 31 December 2021 31 December 2020 31 December 2019 31 December 2021 31 December 2020 31 December 2019 Argentinean peso 102.749214 84.143520 59.890668 — — — Brazilian real 5.580497 5.196694 4.030696 5.368651 5.133082 3.940998 Canadian dollar 1.270792 1.273981 1.299449 1.249693 1.346594 1.329140 Colombian peso 3 977.14 3 438.52 3 272.63 3 741.19 3 689.50 3 305.84 Chinese yuan 6.352382 6.537798 6.961461 6.456753 6.947936 6.886265 Euro 0.882924 0.814930 0.890155 0.841767 0.878101 0.892577 Mexican peso 20.583378 19.948838 18.845242 20.339905 21.182539 19.334915 Pound sterling 0.741903 0.732646 0.757344 0.725564 0.780195 0.784062 Peruvian nuevo sol 3.976006 3.621009 3.317006 3.877055 3.491580 3.346670 South Korean won 1 188.32 1 088.02 1 154.54 1 139.06 1 185.02 1 160.69 South African rand 15.947907 14.686598 14.044287 14.873785 16.213180 14.512975 (G) INTANGIBLE ASSETS Research and development Expenditure on research activities, undertaken with the prospect of gaining new scientific or technical knowledge and understanding, is recognized in the income statement as an expense as incurred. Expenditure on development activities, whereby research findings are applied to a plan or design for the production of new or substantially improved products and processes, is capitalized if the product or process is technically and commercially feasible, future economic benefits are probable, and the company has sufficient resources to complete development. The expenditure capitalized includes the cost of materials, direct labor and an appropriate proportion of overheads. Other development expenditure is recognized in the income statement as an expense as incurred. Capitalized development expenditure is stated at cost less accumulated amortization (see below) and impairment losses (refer to accounting policy O). Amortization related to research and development intangible assets is included within the cost of sales if production related and in sales and marketing if related to commercial activities. Borrowing costs directly attributable to the acquisition, construction or production of qualifying assets are capitalized as part of the cost of such assets. Supply and distribution rights A supply right is the right for AB InBev to supply a customer and the commitment by the customer to purchase from AB InBev. A distribution right is the right to sell specified products in a certain territory. Acquired distribution rights are measured initially at cost or fair value when obtained through a business combination. Amortization related to supply and distribution rights is included within sales and marketing expenses. Brands If part of the consideration paid in a business combination relates to trademarks, trade names, formulas, recipes or technological expertise these intangible assets are considered as a group of complementary assets that is referred to as a brand for which one fair value is determined. Expenditure on internally generated brands is expensed as incurred. Software Purchased software is measured at cost less accumulated amortization. Expenditure on internally developed software is capitalized when the expenditure qualifies as development activities; otherwise, it is recognized in the income statement when incurred. Amortization related to software is included in cost of sales, distribution expenses, sales and marketing expenses or administrative expenses based on the activity the software supports. Other intangible assets Other intangible assets, acquired by the company, are recognized at cost less accumulated amortization and impairment losses. Other intangible assets also include multi-year sponsorship rights acquired by the company. These are initially recognized at the present value of the future payments and subsequently measured at cost less accumulated amortization and impairment losses. Subsequent expenditure Subsequent expenditure on capitalized intangible assets is capitalized only when it increases the future economic benefits embodied in the specific asset to which it relates. All other expenditures are expensed as incurred. Amortization Intangible assets with a finite life are amortized using the straight-line method over their estimated useful lives. Licenses, brewing, supply and distribution rights are amortized over the period in which the rights exist. Brands are considered to have an indefinite life unless plans exist to discontinue the brand. Discontinuance of a brand can be either through sale or termination of marketing support. When AB InBev purchases distribution rights for its own products the life of these rights is considered indefinite, unless the company have a plan to discontinue the related brand or distribution. Software and capitalized development costs related to technology are amortized generally over 3 to 5 years. Brands are deemed intangible assets with indefinite useful lives and, therefore, are not amortized but tested for impairment on an annual basis (refer to accounting policy O). Gains and losses on sale Net gains on sale of intangible assets are presented in the income statement as other operating income. Net losses on sale are included as other operating expenses. Net gains and losses are recognized in the income statement when the control has been transferred to the buyer, recovery of the consideration is probable, the associated costs can be estimated reliably, and there is no continuing managerial involvement with the intangible assets. (H) BUSINESS COMBINATIONS The company applies the acquisition method of accounting to account for acquisitions of businesses. The cost of an acquisition is measured as the aggregate of the fair values at the date of exchange of the assets given, liabilities incurred, and equity instruments issued. Identifiable assets, liabilities and contingent liabilities acquired or assumed are measured separately at their fair value as of the acquisition date. The excess of the cost of the acquisition over the company’s interest in the fair value of the identifiable net assets acquired is recorded as goodwill. The allocation of fair values to the identifiable assets acquired and liabilities assumed is based on various assumptions requiring management judgment. Acquisition-related costs are expensed as incurred. If the business combination is achieved in stages, the acquisition date carrying value of AB InBev’s previously held interest in the acquiree is re-measured re-measurement (I) GOODWILL Goodwill is determined as the excess of the consideration paid over AB InBev’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the acquired subsidiary, jointly controlled entity or associate recognized at the date of acquisition. All business combinations are accounted for by applying the purchase method. In conformity with IFRS 3 Business Combinations year-end If AB InBev’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities recognized exceeds the cost of the business combination such excess is recognized immediately in the income statement as required by IFRS 3 Business Combinations (J) PROPERTY, PLANT AND EQUIPMENT Property, plant and equipment is measured at cost less accumulated depreciation and impairment losses (refer to accounting policy O). Cost includes the purchase price and any costs directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management (e.g., nonrefundable tax and transport cost). The cost of a self-constructed Borrowing costs directly attributable to the acquisition, construction or production of qualifying assets are capitalized as part of the cost of such assets. Subsequent expenditure The company recognizes in the carrying amount of an item of property, plant and equipment the cost of replacing part of such an item when that cost is incurred if it is probable that the future economic benefits embodied with the item will flow to the company and the cost of the item can be measured reliably. All other costs are expensed as incurred. Depreciation The depreciable amount is the cost of an asset less its residual value. Residual values, if not insignificant, are reassessed annually. Depreciation is calculated from the date the asset is available for use, using the straight-line method over the estimated useful lives of the assets. The estimated useful lives are defined in terms of the asset’s expected utility to the company and can vary from one geographical area to another. On average the estimated useful lives are as follows: Industrial buildings – other real estate properties 20 - 50 years Production plant and equipment: Production equipment 10 - 15 years Storage, packaging and handling equipment 5 - 7 years Returnable packaging: Kegs 2 - 10 years Crates 2 - 10 years Bottles 2 - 5 years Point of sale furniture and equipment 5 years Vehicles 5 years Information processing equipment 3 - 10 years Where parts of an item of property, plant and equipment have different useful lives, they are accounted for as separate items of property, plant and equipment. Land is not depreciated as it is deemed to have an indefinite life. Gains and losses on sale Net gains on sale of items of property, plant and equipment are presented in the income statement as other operating income. Net losses on sale are presented as other operating expenses. Net gains and losses are recognized in the income statement when the control has been transferred to the buyer, recovery of the consideration is probable, the associated costs can be estimated reliably, and there is no continuing managerial involvement with the property, plant and equipment. (K) LEASES The company as lessee The company assesses whether a contract is or contains a lease at inception of a contract. The company recognizes a right-of-use The lease liability is initially measured at the present value of the lease payments that are not paid at the commencement date, discounted by using the rate implicit in the lease. If this rate cannot be readily determined, the company uses its incremental borrowing rate specific to the country, term and currency of the contract. In addition, the company considers its recent debt issuances as well as publicly available data for instruments with similar characteristics when calculating the incremental borrowing rates. Lease payments include fixed payments, less any lease incentives, variable lease payments that depend on an index or a rate known at the commencement date, and purchase options or extension option payments if the company is reasonably certain to exercise these options. Variable lease payments that do not depend on an index or rate are not included in the measurement of the lease liability and right-of-use A lease liability is remeasured upon a change in the lease term, changes in an index or rate used to determine the lease payments or reassessment of exercise of a renewal and/or purchase option. The corresponding adjustment is made to the related right-of-use The right-of-use right-of-use The lease liability is presented in the ‘Interest-bearing loans and borrowings’ line and the right-of-use The company as lessor Leases where the company transfers substantially all the risks and rewards of ownership to the lessee are classified as finance leases. Leases of assets under which all the risks and rewards of ownership are substantially retained by the company are classified as operating leases. Rental income is recognized in other operating income on a straight-line basis over the term of the lease. (L) INVENTORIES Inventories are valued at the lower of cost and net realizable value. Cost includes expenditure incurred in acquiring the inventories and bringing them to their existing location and condition. The weighted average method is used in assigning the cost of inventories. The cost of finished products and work in progress comprises raw materials, other production materials, direct labor, other direct cost and an allocation of fixed and variable overhead based on normal operating capacity. Net realizable value is the estimated selling price in the ordinary course of business, less the estimated completion and selling costs. Inventories are written down on a case-by-case (M) TRADE AND OTHER RECEIVABLES Trade receivables are amounts due from customers for goods sold or services performed in the ordinary course of business and generally due for settlement within 30 days Trade and other receivables are carried at amortized cost less impairment losses. To determine the appropriate amount to be impaired factors such as significant financial difficulties of the debtor, probability that the debtor will default, enter into bankruptcy or financial reorganization, or delinquency in payments are considered. Other receivables are initially recognized at fair value and subsequently measured at amortized cost. Any impairment losses and foreign exchange results are directly recognized in profit or loss. (N) CASH AND CASH EQUIVALENTS Cash and cash equivalents include all cash balances and short-term highly liquid investments with a maturity of three months or less from the date of acquisition that are readily convertible into cash. They are stated at face value, which approximates their fair value. In the cash flow statement, cash and cash equivalents are presented net of bank overdrafts. (O) IMPAIRMENT The carrying amounts of property, plant and equipment, goodwill and intangible assets are reviewed at each balance sheet date to determine whether there is any indication of impairment. If there is an indicator of impairment, the asset’s recoverable amount is estimated. In addition, goodwill, intangible assets that are not yet available for use and intangibles with an indefinite useful life are tested for impairment annually at the cash-generating unit level (that is a country or group of countries managed as a group below a reporting region). An impairment loss is recognized whenever the carrying amount of an asset or the related cash-generating unit exceeds its recoverable amount. Impairment losses are recognized in the income statement. Calculation of recoverable amount The recoverable amount of non-financial Impairment losses recognized in respect of cash-generating units firstly reduce allocated goodwill and then the carrying amounts of the other assets in the unit on a pro rata basis. Reversal of impairment losses Non-financial (P) FAIR VALUE MEASUREMENT A number of AB InBev’s accounting policies and notes require fair value measurement for both financial and non-financial Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. When measuring fair value, AB InBev uses observable market data as far as possible. Fair values are categorized into different levels in a fair value hierarchy based on the inputs used in the valuation techniques as follows: • Level 1: inputs are unadjusted quoted prices in active markets for identical assets or liabilities. • Level 2: inputs are observable either directly (i.e., as prices) or indirectly (i.e., derived from prices). • Level 3: fair value measurements incorporate significant inputs that are based on unobservable market data. If the inputs used to measure the fair value of an asset or liability fall into different levels of the fair value hierarchy, then the fair value measurement is categorized in its entirety in the same level of the fair value hierarchy as the lowest level input that is significant to the entire measurement. The company applies fair value measurement to the instruments listed below. Derivatives The fair value of exchange traded derivatives (e.g., exchange traded foreign currency futures) is determined by reference to the official prices published by the respective exchanges (e.g., the New York Board of Trade). The fair value of over-the-counter Debt securities This category includes both debt securities designated at FVOCI and FVPL. The fair value is measured using observable inputs such as interest rates and foreign exchange rates. When it pertains to instruments that are publicly traded, the fair value is determined by reference to observable quotes. In circumstances where debt securities are not publicly traded, the main valuation technique is the discounted cash flow. The company may apply other valuation techniques or combination of valuation techniques if the fair value results are more relevant. Equity securities designated as at FVOCI Investments in equity securities comprise quoted and unquoted securities. When liquid quoted prices are available, these are used to fair value investments in quoted securities. The unquoted securities are fair valued using primarily the discounted cash flow method. Non-derivative The fair value of non-derivative (Q) SHARE CAPITAL Repurchase of share capital When AB InBev buys back its own shares, the amount of the consideration paid, including directly attributable costs, is recognized as a deduction from equity under treasury shares. Dividends Dividends paid are recognized in the consolidated financial statements on the date that the dividends are declared unless minimum statutory dividends are required by local legislation or the bylaws of the company’s subsidiaries. In such instances, statutory minimum dividends are recognized as a liability. Share issuance costs Incremental costs directly attributable to the issue of new shares or options are shown in equity as a deduction, net of tax, from the proceeds. (R) PROVISIONS Provisions are recognized when (i) the company has a present legal or constructive obligation as a result of past events, (ii) it is probable that an outflow of resources embodying economic benefits will be required to settle the obligation, and (iii) a reliable estimate of the amount of the obligation can be made. Provisions are determined by discounting the expected future cash flows at a pre-tax Restructuring A provision for restructuring is recognized when the company has approved a detailed and formal restructuring plan, and the restructuring has either commenced or has been announced publicly. Costs relating to the ongoing activities of the company are not provided for. The provision includes the benefit commitments in connection with early retirement and redundancy schemes. Onerous contracts A provision for onerous contracts is recognized when the expected benefits to be derived by the company from a contract are lower than the unavoidable cost of meeting its obligations under the contract. Such provision is measured at the present value of the lower of the expected cost of terminating the contract and the expected net cost of continuing with the contract. Disputes and Litigations A provision for disputes and litigation is recognized when it is more likely than not that the company will be required to make future payments as a result of past events, such items may include but are not limited to, several claims, suits and actions relating to antitrust laws, violations of distribution and license agreements, environmental matters, employment related disputes, claims from tax authorities related to indirect taxes, and alcohol industry litigation matters. (S) EMPLOYEE BENEFITS Post-employment benefits Post-employment benefits include pensions, post-employment life insurance and post-employment medical benefits. The company operates a number of defined benefit and defined contribution plans throughout the world, the assets of which are generally held in separate trustee-managed funds. The pension plans are generally funded by payments from employees and the company, and, for defined benefit plans taking account of the recommendations of independent actuaries. AB InBev maintains funded and unfunded pension plans. a) Defined contribution plans Contributions to defined contribution plans are recognized as an expense in the income statement when incurred. A defined contribution plan is a pension plan under which AB InBev pays fixed contributions into a fund. AB InBev has no legal or constructive obligations to pay further contributions if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods. b) Defined benefit plans A defined benefit plan is a pension plan that is not a defined contribution plan. Typically, defined benefit plans define an amount of pension benefit that an employee will receive on retirement, usually dependent on one or more factors such as age, years of service and compensation. For defined benefit plans, the pension expenses are assessed separately for each plan using the projected unit credit method. The projected unit credit method considers each period of service as giving rise to an additional unit of benefit entitlement. Under this method, the cost of providing pensions is charged to the income statement so as to spread the regular cost over the service lives of employees in accordance with the advice of qualified actuaries who carry out a full valuation of the plans at least every three years. The amounts charged to the income statement include current service cost, net interest cost (income), past service costs and the effect of any curtailments or settlements. Past service costs are recognized at the earlier of when the amendment / curtailment occurs or when the company recognizes related restructuring or termination costs. The pension obligations recognized in the balance sheet are measured at the present value of the estimated future cash outflows using interest rates based on high quality corporate bond yields, which have terms to maturity approximating the terms of the related liability, less the fair value of any plan assets. Re-measurements, Re-measurements Where the calculated amount of a defined benefit liability is negative (an asset), AB InBev recognizes such pension asset to the extent that economic benefits are available to AB InBev either from refunds or reductions in future contributions. Other post-employment obligations Some of AB InBev’s companies provide post-employment medical benefits to their retirees. The entitlement to these benefits is usually based on the employee remaining in service up to retirement age. The expected costs of these benefits are accrued over the period of employment, using an accounting methodology similar to that for defined benefit pension plans. Termination benefits Termination benefits are recognized as an expense at the earlier when the company is demonstrably committed, without realistic possibility of withdrawal, to a formal detailed plan to terminate employment before the normal retirement date and when the company recognizes costs for a restructuring. Termination benefits for voluntary redundancies are recognized if the company has made an offer encouraging voluntary redundancy and when the company can no longer withdraw the offer of termination, which is the earlier of either when the employee accepts the offer or when a legal, regulatory or contractual requirement or restriction on the company’s ability to withdraw the offer takes effect. Bonuses Bonuses received by company employees and management are based on pre-defined (T) SHARE-BASED PAYMENTS Different share and share option programs allow company senior management and members of the board to acquire shares of the company and some of its affiliates. The fair value of the share options is estimated at grant date, using an option pricing model that is most appropriate for the respective option. Based on the expected number of options that will vest, the fair value of the options granted is expensed over the vesting period. When the options are exercised, equity is increased by the amount of the proceeds received. Equity-settled share-based payment transactions with parties other than employees are measured at the fair value of the goods or services received, except where that fair value cannot be estimated reliably, in which case t

Use of estimates and judgments

Use of estimates and judgments	12 Months Ended
	Dec. 31, 2021
Text block [abstract]
Use of estimates and judgments	4. Use of estimates and judgments The preparation of financial statements in conformity with IFRS requires management to make judgments, estimates and assumptions that affect the application of policies and reported amounts of assets and liabilities, income and expenses. The estimates and associated assumptions are based on historical experience and various other factors that are believed to be reasonable under the circumstances, the results of which form the basis of making the judgments about carrying values of assets and liabilities that are not readily apparent from other sources. Actual results may differ from these estimates. These estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognized in the period in which the estimate is revised if the revision affects only that period or, if the revision affects both current and future periods, in the period of the revision and future periods. Although each of its significant accounting policies reflects judgments, assessments or estimates, AB InBev believes that the following accounting policies reflect the most critical judgments, estimates and assumptions that are important to its business operations and understanding results: business combinations, intangible assets, goodwill, impairment, provisions, share-based payments, employee benefits and accounting for current and deferred tax. The fair values of acquired identifiable intangibles are based on an assessment of future cash flows. Impairment analyses of goodwill and indefinite-lived intangible assets are performed annually and whenever a triggering event has occurred, in order to determine whether the carrying value exceeds the recoverable amount. These calculations are based on estimates of future cash flows. The company uses its judgment to select a variety of methods including the discounted cash flow method and option valuation models and makes assumptions about the fair value of financial instruments that are mainly based on market conditions existing at each balance sheet date. Actuarial assumptions are established to anticipate future events and are used in calculating pension and other long-term employee benefit expenses and liabilities. These factors include assumptions with respect to interest rates, rates of increase in health care costs, rates of future compensation increases, turnover rates, and life expectancy. The company is subject to income tax in numerous jurisdictions. Significant judgment is required to determine the worldwide provision for income tax. There are some transactions and calculations for which the ultimate tax determination is uncertain. Some subsidiaries within the group are involved in tax audits and local enquiries usually in relation to prior years. Investigations and negotiations with local tax authorities are ongoing in various jurisdictions at the balance sheet date and, by their nature, these can take considerable time to conclude. In assessing the amount of any income tax provisions to be recognized in the financial statements, estimates are made of the expected successful settlement of these matters. Estimates of interest and penalties on tax liabilities are also recorded. Where the final outcome of these matters is different from the amounts that were initially recorded, such differences will impact the current and deferred income tax assets and liabilities in the period that such determination is made. Judgments made by management in the application of IFRS that have a significant effect on the financial statements and estimates with a significant risk of material adjustment in the following year are further discussed in the relevant notes hereafter. In preparing these consolidated financial statements, the significant judgments made by management in applying the company’s accounting policies and the key sources of uncertainty relate mainly to accounting for the COVID-19 (A) COVID-19 Management considered the impact of COVID-19 Cash and cash equivalents and investment securities Interest-bearing loans and borrowings Risks arising from financial instruments COVID-19 As required by IAS 1 Presentation of financial statements, COVID-19 COVID-19 Exceptional items

Segment reporting

Segment reporting	12 Months Ended
	Dec. 31, 2021
Text block [abstract]
Segment reporting	5. Segment reporting Segment information is presented by geographical segments, consistent with the information available to and regularly evaluated by the chief operating decision maker. AB InBev operates its business through six business segments. Regional and operating company management is responsible for managing performance, underlying risks, and the effectiveness of operations. Internally, AB InBev’s management uses profit from operations as a measure of segment performance which forms part of the basis for many of the company’s segment performance indicators to make decisions regarding the allocation of resources. The organizational structure comprises five regions: North America, Middle Americas, South America, EMEA and Asia Pacific. In addition to these five geographic regions, the company uses a sixth segment, Global Export and Holding Companies, for all financial reporting purposes. On 1 June 2020, AB InBev divested CUB, its Australian subsidiary, to Asahi (refer to Note 21 Assets classified as held for sale, liabilities associated with assets held for sale and discontinued operations All figures in the tables below are stated in million US dollar, except volume (million hls). North America Middle Americas South America EMEA Asia Pacific 2021 2020 2019 2021 2020 2019 2021 2020 2019 2021 2020 2019 2021 2020 2019 Volume 107 107 108 141 121 134 157 144 140 87 76 86 88 82 93 Revenue 16 257 15 622 15 488 12 541 10 032 11 912 9 494 8 092 9 790 8 032 6 835 7 911 6 848 5 648 6 544 Profit from operations 5 110 5 147 5 341 4 888 3 885 5 384 2 305 2 350 3 094 1 472 (1 722 ) 1 746 1 569 1 062 1 598 Net finance income/(cost) Share of results of associates and joint ventures Income tax expense Profit Profit from Profit/(loss) Segment assets (non-current) 63 722 63 765 63 725 67 516 72 331 76 168 12 917 12 348 13 452 34 098 35 578 39 442 13 453 13 845 13 450 Gross capex 868 646 679 1 307 829 1 286 1 154 727 1 063 1 051 768 1 208 605 508 626 FTE 19 691 20 281 20 040 51 969 48 751 52 412 42 209 40 630 41 603 22 215 22 357 23 804 26 095 26 510 29 482 Global Export and Holding companies AB InBev Worldwide 2021 2020 2019 2021 2020 2019 Volume 2 1 1 582 531 561 Revenue 1 133 652 685 54 304 46 881 52 329 Profit from operations (1 520 ) (1 103 ) (1 064 ) 13 824 9 620 16 098 Net finance income/(cost) (5 609 ) (7 697 ) (3 473 ) Share of results of associates and joint ventures 248 156 152 Income tax expense (2 350 ) (1 932 ) (2 786 ) Profit from continuing operations 6 114 147 9 990 Profit from discontinued operations — 2 055 424 Profit/(loss) 6 114 2 202 10 414 Segment assets (non-current) 1 973 2 024 1 597 193 678 199 891 207 834 Gross capex 655 303 312 5 640 3 781 5 174 FTE 7 160 5 166 4 574 169 339 163 695 171 915 For the year ended 31 December 2021, net revenue from the beer business amounted to 49 333 43 044 47 984 non-beer On the same basis, net revenue from external customers attributable to AB InBev’s country of domicile (Belgium) represented 623m US dollar (31 December 2020: 501m US dollar; 31 December 2019: 668m US dollar) and non-current

Acquisitions and disposals of s

Acquisitions and disposals of subsidiaries	12 Months Ended
	Dec. 31, 2021
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Acquisitions and disposals of subsidiaries	6. Acquisitions and disposals of subsidiaries The table below summarizes the impact of acquisitions and disposals on the statement of financial position and cash flows of AB InBev for the year ended 31 December 2021 and 31 December 2020: Million US dollar 2021 Acquisitions 2020 Acquisitions 2021 Disposals 2020 Disposals Non-current assets Property, plant and equipment 2 149 (5 ) — Intangible assets — 162 — — Investments in associates — (7 ) — — Current assets Inventories — 33 (7 ) — Trade and other receivables 1 9 (6 ) — Cash and cash equivalents 5 5 (5 ) — Non-current Interest-bearing loans and borrowings — (74 ) — — Trade and other payables — (34 ) — — Deferred tax liabilities — (6 ) — — Current liabilities Interest-bearing loans and borrowings — (4 ) — — Trade and other payables (5 ) (59 ) 10 — Net identifiable assets and liabilities 3 174 (13 ) — Non-controlling — — — — Goodwill on acquisitions and goodwill disposed of — 185 — — Loss/(gain) on disposal — — 1 — Consideration to be (paid)/received — (14 ) — — Net cash paid/(received) on prior years acquisitions/(disposals) 453 170 — — Consideration paid/(received) 456 515 (12 ) — Cash (acquired)/disposed of (5 ) (5 ) 5 — Net cash outflow / (inflow) 451 510 (7 ) — On 1 June 2020, AB InBev completed the divestiture of CUB to Asahi – see Note 21 Assets classified as held for sale, liabilities associated with assets held for sale and discontinued operations On 30 September 2020, AB InBev completed the acquisition of the remaining 68.8% shares of Craft Brew Alliance for the net consideration of 0.2 billion US dollar and hence obtained 100% control over the acquiree. The company undertook a series of additional acquisitions and disposals during 2021 and 2020, with no significant impact in the company’s consolidated financial statements.

Other operating income_(expense

Other operating income/(expenses)	12 Months Ended
	Dec. 31, 2021
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Other operating income/(expenses)	7. Other operating income/(expenses) Million US dollar 2021 2020 2019 Brazilian tax credits 226 481 — Government grants 322 227 280 Net gain on disposal of property, plant and equipment, intangible assets and assets held for sale 65 56 172 License income 25 22 30 Net (additions to)/reversals of provisions (1 ) (14 ) (10 ) Net rental and other operating income 168 72 402 Other operating income/(expenses) 805 845 875 In the second quarter of 2021, Ambev, a subsidiary of AB InBev, recognized 226m US dollar income in Other operating income related to tax credits following a favorable decision from the Brazilian Supreme Court. Additionally, Ambev recognized 118m US dollar of interest income in Finance income (refer to Note 11 Finance cost and income In the fourth quarter of 2020, Ambev concluded the calculation of its tax credits on a judicial decision related to the exclusion of the Value-Added Tax (ICMS) from the taxable basis of the social contribution on gross revenues (PIS and COFINS). The decision refers to the period between November 2009 and April 2015. As a result of this judicial decision and other tax credit adjustments, Ambev recognized 481m US dollar income in Other operating income and 315m US dollar of interest income in Finance income (refer to Note 11 Finance cost and income The income from government grants primarily relate to fiscal incentives given by certain Brazilian states and Chinese provinces, based on the company’s operations and developments in those regions. In 2021, the company expensed 298m US dollar in research, compared to 296m US dollar in 2020 and 291m US dollar in 2019. The spend focused on product innovations, market research, as well as process optimization and product development.

Exceptional items

Exceptional items	12 Months Ended
	Dec. 31, 2021
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Exceptional items	8. Exceptional items IAS 1 Presentation of financial statements The exceptional items included in the income statement are as follows: Million US dollar 2021 2020 2019 COVID-19 (105 ) (182 ) — Restructuring (172 ) (157 ) (170 ) Business and asset disposal (including impairment losses) (247 ) (239 ) (50 ) Acquisition costs business combinations (17 ) (25 ) (23 ) Zenzele Kabili costs (72 ) — — Impairment of goodwill — (2 500 ) — Brazil State tax regularization program — — (74 ) Cost related to public offering of minority stake in Budweiser APAC — — (6 ) Impact on profit from operations (614 ) (3 103 ) (323 ) Gain on divestiture of Australia (discontinued operations) — 1 919 — Impact on profit (614 ) (1 184 ) (323 ) COVID-19 COVID-19 The exceptional restructuring charges for the year ended 31 December 2021 total (172)m US dollar (31 December 2020: (157)m US dollar; 31 December 2019: (170)m US dollar). These charges primarily relate to organizational alignments. These changes aim to eliminate overlapping organizations or duplicated processes, taking into account the matching of employee profiles with new organizational requirements. These one-time Business and asset disposals (including impairment losses) amount to (247)m US dollar for the year ended 31 December 2021, mainly comprising (258)m US dollar of non-cash The acquisition costs of business combinations amount to (17)m US dollar for the year ended 31 December 2021, mainly comprising costs incurred in relation to the company’s joint venture partnerships. The acquisition costs of business combinations amounted to (25)m US dollar for the year ended 31 December 2020 and mainly related to the acquisition of Craft Brew Alliance The acquisition costs of business combinations amounted to (23)m US dollar for the year ended 31 December 2019 and primarily related to costs incurred to facilitate the combination with SAB. In May 2021, the company set up a new broad-based black economic empowerment (“B-BBEE”) Changes in equity and earnings per share In 2019, Ambev made a payment of (74)m US dollar to the State of Mato Grosso in relation to the Special Value-added Tax (ICMS) Amnesty Program in Brazil in accordance with the Brazilian State Tax Regularization Program. For the year ended 31 December 2019, the company incurred (117)m US dollar of fees related to the initial public offering of a minority stake of its Asia Pacific subsidiary, Budweiser APAC, of which (6)m US dollar were reported in the income statement and (111)m US dollar were capitalized in equity. In addition, AB InBev also reported (58)m US dollar stamp duties in equity that are directly attributable to the public offering of Budweiser APAC. In the second quarter of 2020, the company recognized (2 500)m US dollar of goodwill impairment for its South Africa and Rest of Africa cash-generating units – see Note 14 Goodwill On 1 June 2020, the company completed the previously announced sale of CUB to Asahi resulting in a net exceptional gain of 1 919m US dollar reported in discontinued operations. For more details, refer to Note 21 Assets classified as held for sale, liabilities associated with assets held for sale and discontinued operations The company incurred an exceptional net finance cost of (806)m US dollar for the year ended 31 December 2021 (31 December 2020: net finance cost of (1 738)m US dollar; 31 December 2019: net finance income of 882m US dollar) – see Note 11 Finance cost and income All the amounts referenced above are before income taxes. The exceptional income taxes amounted to 346m US dollar (decrease of income taxes) for the year ended 31 December 2021 (31 December 2020: decrease of income taxes by 155m US dollar; 31 December 2019: increase of income taxes by 6m US dollar). Non-controlling

Payroll and related benefits

Payroll and related benefits	12 Months Ended
	Dec. 31, 2021
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Payroll and related benefits	9. Payroll and related benefits Million US dollar 2021 2020 2019 Wages and salaries (4 734 ) (4 124 ) (4 563 ) Social security contributions (670 ) (582 ) (683 ) Other personnel cost (706 ) (637 ) (678 ) Pension expense for defined benefit plans (176 ) (218 ) (193 ) Share-based payment expense (510 ) (169 ) (340 ) Contributions to defined contribution plans (147 ) (91 ) (101 ) Payroll and related benefits (6 944 ) (5 821 ) (6 558 ) The number of full-time equivalents can be split as follows: 2021 2020 2019 AB InBev NV/SA (parent company) 214 204 204 Other subsidiaries 169 125 163 491 171 711 Total number of FTE 169 339 163 695 171 915

Additional information on opera

Additional information on operating expenses by nature	12 Months Ended
	Dec. 31, 2021
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Additional information on operating expenses by nature	10. Additional information on operating expenses by nature Depreciation, amortization and impairment charges are included in the following line items of the 2021 consolidated income statement: Million US dollar Depreciation and Amortization and Depreciation and impairment of right- of-use Impairment of Cost of sales 2 782 91 39 — Distribution expenses 136 10 176 — Sales and marketing expenses 319 223 249 — Administrative expenses 306 327 110 — Other operating expenses 3 — — — Exceptional items — — — 281 Depreciation, amortization and impairment 3 546 651 574 281 Depreciation, amortization and impairment charges are included in the following line items of the 2020 consolidated income statement: Million US dollar Depreciation and Amortization and Depreciation and impairment of right- of-use Impairment of Cost of sales 2 599 91 42 — Distribution expenses 141 3 108 — Sales and marketing expenses 339 291 224 — Administrative expenses 310 323 125 — Other operating expenses 3 — — — Exceptional items — — — 2 733 Depreciation, amortization and impairment 3 392 708 499 2 733 Depreciation, amortization and impairment charges are included in the following line items of the 2019 consolidated income statement: Million US dollar (restated) Depreciation and Amortization and Depreciation and impairment of right- of-use Impairment of Cost of sales 2 751 86 11 — Distribution expenses 155 4 191 — Sales and marketing expenses 379 247 160 — Administrative expenses 277 290 98 — Other operating expenses 8 — — — Depreciation, amortization and impairment 3 570 627 460 — The depreciation, amortization and impairment of property, plant and equipment included a full-cost reallocation of (11)m US dollar in 2021 from the aggregate depreciation, amortization and impairment expense to cost of goods sold (2020: (5)m US dollar; 2019: 5m US dollar).

Finance cost and income

Finance cost and income	12 Months Ended
	Dec. 31, 2021
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Finance cost and income	11. Finance cost and income The finance cost and income included in the income statement are as follows: Million US dollar 2021 2020 2019 Interest expense (3 684 ) (4 016 ) (4 168 ) Capitalization of borrowing costs 10 12 19 Net interest on net defined benefit liabilities (73 ) (82 ) (95 ) Accretion expense (593 ) (564 ) (650 ) Net losses on hedging instruments that are not part of a hedge accounting relationship (562 ) (502 ) (393 ) Net foreign exchange results (net of the effect of foreign exchange derivative instruments) (101 ) — (180 ) Tax on financial transactions (73 ) (103 ) (79 ) Net mark-to-market (23 ) (1 211 ) — Other financial costs, including bank fees (135 ) (135 ) (225 ) Finance cost excluding exceptional items (5 234 ) (6 601 ) (5 771 ) Exceptional finance cost (806 ) (1 818 ) (222 ) Finance cost (6 040 ) (8 419 ) (5 993 ) Interest income 113 150 292 Interest income on Brazilian tax credits 118 315 118 Hyperinflation monetary adjustments 152 76 86 Net mark-to-market — — 898 Net foreign exchange results (net of the effect of foreign exchange derivative instruments) — 43 — Other financial income 48 58 21 Finance income excluding exceptional items 431 642 1 415 Exceptional finance income — 80 1 104 Finance income 431 722 2 519 Net finance income/(cost) excluding exceptional items (4 803 ) (5 959 ) (4 355 ) Net finance income/(cost) (5 609 ) (7 697 ) (3 473 ) Net finance costs, excluding exceptional items, were 4 803m US dollar in 2021 compared to 5 959m US dollar in 2020 and 4 355m US dollar in 2019. The decrease was predominantly due to a mark-to-market mark-to-market Borrowing costs capitalized relate to the capitalization of interest expenses directly attributable to the acquisition and construction of qualifying assets mainly in Belgium and in China in 2020 and 2019. Interest is capitalized at a borrowing rate of In 2021, accretion expense includes interest on lease liabilities of 123m US dollar (2020: 116m US dollar; 2019: 124m US dollar), unwind of discounts of 349m US dollar (2020: 306m US dollar; 2019: 374m US dollar), bond fees of 67m US dollar (2020: 102m US dollar; 2019: 110m US dollar) and interest on provisions of 54m US dollar (2020: 41m US dollar; 2019: 42m US dollar). Interest expenses are presented net of the effect of interest rate derivative instruments hedging AB InBev’s interest rate risk – see also Note 28 Risks arising from financial instruments In the second quarter of 2021, Ambev, a subsidiary of AB InBev, recognized 226m US dollar income in Other operating income (refer to Note 7 Other operating income/(expenses) In the fourth quarter of 2020, Ambev concluded the calculation of its tax credits on a judicial decision related to the exclusion of the Value-Added Tax (ICMS) from the taxable basis of the social contribution on gross revenues (PIS and COFINS). The decision refers to the period between November 2009 and April 2015. As a result of this judicial decision and other tax credit adjustments, Ambev recognized 481m US dollar income in Other operating income (refer to Note 7 Other operating income/(expenses) Exceptional finance income/(cost) for 2021, 2020 and 2019 include: • 25m US dollar loss resulting from mark-to-market • 741m US dollar loss resulting from the early termination of certain bonds (2020: 795m US dollar loss; 2019: 84m US dollar gain); • 22m US dollar loss from impairment of receivables against Delta Corporation Ltd (Delta), a Zimbabwean associate, as a result of hyperinflation (2020: 15m US dollar loss on the company’s investment in Delta; 2019: 188m US dollar loss); • 19m US dollar loss related to remeasurement of deferred considerations on prior year acquisitions (2020: 80m US dollar gain; 2019: 90m US dollar gain). Furthermore, the exceptional finance income/cost for 2019 includes: • 34m US dollar loss on interest paid to the State of Mato Grosso in relation to the Special Value-added Tax (ICMS) Amnesty Program in Brazil in accordance with the Brazilian State Tax Regularization Program; • 52m US dollar foreign exchange translation gain on intragroup loans that were historically reported in equity and were recycled to profit and loss account upon the reimbursement of these loans. No interest income was recognized on impaired financial assets. The interest income stems from the following financial assets: Million US dollar 2021 2020 2019 Cash and cash equivalents 85 103 237 Investment debt securities held for trading 16 1 9 Other loans and receivables 11 46 46 Total 113 150 292 The interest income on other loans and receivables includes the interest accrued on cash deposited as guarantees for certain legal proceedings pending their resolution. For further information on instruments hedging AB InBev’s foreign exchange risk see Note 28 Risks arising from financial instruments

Income taxes

Income taxes	12 Months Ended
	Dec. 31, 2021
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Income taxes	12. Income taxes Income taxes recognized in the income statement can be detailed as follows: Million US dollar 2021 2020 2019 Current year (2 857 ) (2 082 ) (2 863 ) (Underprovided)/overprovided in prior years 159 119 58 Current tax expense (2 698 ) (1 963 ) (2 805 ) Origination and reversal of temporary differences 319 (30 ) (21 ) (Utilization)/recognition of deferred tax assets on tax losses 24 13 13 Recognition of previously unrecognized tax losses 5 48 27 Deferred tax (expense)/income 348 31 19 Total income tax expense (2 350 ) (1 932 ) (2 786 ) The reconciliation of the effective tax rate with the aggregated weighted nominal tax rate can be summarized as follows: Million US dollar 2021 2020 2019 Profit/(loss) before tax 8 463 2 08 12 776 Deduct share of results of associates and joint ventures 248 156 152 Profit/(loss) before tax and before share of results of associates and joint 8 215 1 924 12 624 Adjustments to the tax basis Government incentives (543 ) (428 ) (709 ) Non-deductible/(non-taxable) mark-to-market 48 2 219 (1 776 ) Non-deductible — 2 500 — Other expenses not deductible for tax purposes 1 979 1 512 1 223 Other non-taxable (476 ) (250 ) (282 ) 9 223 7 477 11 080 Aggregate weighted nominal tax rate 26.7 % 27.7 % 26.2 % Tax at aggregated nominal tax rate (2 463 ) (2 069 ) (2 901 ) Adjustments on tax expense Utilization of tax losses not previously recognized 24 13 13 Recognition of deferred taxes on previous years’ tax losses 5 48 27 Write-down of deferred tax assets on losses and current year losses for which no deferred tax asset is recognized (314 ) (386 ) (137 ) (Underprovided)/overprovided in prior years 159 119 58 Deductions from interest on equity 469 431 666 Deductions from goodwill 14 16 20 Other tax deductions 212 218 259 Change in tax rate (147 ) 61 (95 ) Withholding taxes (485 ) (423 ) (505 ) Other tax adjustments 175 39 (191 ) (2 350 ) (1 932 ) (2 786 ) Effective tax rate 28.6 % 100.4 % 22.1 % The total income tax expense for 2021 amounts to 2 350m US dollar compared to 1 932m US dollar for 2020 and 2 786m US dollar for 2019. The effective tax rate is 28.6% for 2021 compared to 100.4% for 2020 and 22.1% for 2019. The 2020 effective tax rate was negatively impacted by non-deductible non-deductible, non-cash non-taxable The company benefits from tax exempted income and tax credits which are expected to continue in the future. The company does not have significant benefits coming from low tax rates in any particular jurisdiction. Income taxes were directly recognized in other comprehensive income as follows: Million US dollar 2021 2020 2019 Re-measurements (123 ) 58 19 Exchange differences, cash flow and net investment hedges (45 ) 304 88 Income tax (losses)/gains (167 ) 361 107

Property, plant and equipment

Property, plant and equipment	12 Months Ended
	Dec. 31, 2021
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Property, plant and equipment	13. Property, plant and equipment Property, plant and equipment comprises owned and leased assets, as follows: Million US dollar 31 December 2021 31 December 2020 Property, plant and equipment owned 24 459 24 191 Property, plant and equipment leased (right-of-use 2 219 2 228 Total property, plant and equipment 26 678 26 419 31 December 2021 31 December 2020 Million US dollar Land and buildings Plant and equipment, fixtures and fittings Under construction Total Total Acquisition cost Balance at end of previous year 12 237 34 976 1 780 48 993 48 757 Effect of movements in foreign exchange (383 ) (1 162 ) (70 ) (1 616 ) (1 644 ) Acquisitions 44 1 296 3 399 4 739 3 188 Acquisitions through business combinations (0 ) 2 0 2 111 Disposals through sale and derecognition (104 ) (1 197 ) (1 ) (1 301 ) (1 274 ) Disposals through the sale of subsidiaries (18 ) (33 ) — (51 ) — Transfer (to)/from other asset categories and other movements¹ 598 2 025 (2 646 ) (23 ) (145 ) Balance at end of the period 12 374 35 906 2 462 50 742 48 993 Depreciation and impairment losses Balance at end of previous year (3 950 ) (20 852 ) — (24 802 ) (23 242 ) Effect of movements in foreign exchange 123 690 — 813 625 Depreciation (376 ) (3 008 ) — (3 384 ) (3 250 ) Disposals through sale and derecognition 64 1 104 — 1 168 1 130 Disposals through the sale of subsidiaries 17 29 — 46 — Impairment losses (19 ) (161 ) (2 ) (182 ) (145 ) Transfer to/(from) other asset categories and other movements 1 (151 ) 206 2 57 80 Balance at end of the period (4 292 ) (21 992 ) — (26 284 ) (24 802 ) Carrying amount at 31 December 2020 8 287 14 124 1 780 24 191 24 191 at 31 December 2021 8 082 13 915 2 462 24 459 — As at 31 December 2021, the carrying amount of property, plant and equipment subject to restrictions on title amounted to 1m US dollar (31 December 2020: 2m US dollar). Contractual commitments to purchase property, plant and equipment amounted to 449m US dollar as at 31 December 2021 compared to 528m US dollar as at 31 December 2020. AB InBev’s net capital expenditures in the statement of cash flow amounted to 5 498m US dollar in 2021 compared to 3 687m US dollar for the same period last year. Out of the total 2021 capital expenditures approximately 44% was used to improve the company’s production facilities while 41% was used for logistics and commercial investments and 15% for improving administrative capabilities and for the purchase of hardware and software. 1 The transfer (to)/from other asset categories and other movements relates mainly to transfers from assets under construction to their respective asset categories, to contributions of assets to pension plans, to the separate presentation in the balance sheet of property, plant and equipment held for sale in accordance with IFRS 5 Non-current assets held for sale and discontinued operations Financial reporting in hyperinflationary economies Property, plant and equipment leased by the company (right-of-use 2021 Million US dollar Land and buildings Machinery, equipment and other Total Net carrying amount at 31 December 1 696 523 2 219 Depreciation for the year ended 31 December (373 ) (201 ) (574 ) 2020 Million US dollar Land and Machinery, equipment and other Total Net carrying amount at 31 December 1 726 502 2 228 Depreciation for the year ended 31 December (343 ) (156 ) (499 ) Additions to right-of-use assets in 2021 Following the sale of Dutch and Belgian pub real estate to Cofinimmo in October 2007, AB InBev entered into lease agreements with a term of 27 years. Furthermore, the company leases a number of warehouses, trucks, factory facilities and other commercial buildings, which typically run for a period of five The company leases out pub real estate for an average outstanding period of 6 right-of-use non-cancelable The expense related to short-term and low-value

Goodwill

Goodwill	12 Months Ended
	Dec. 31, 2021
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Goodwill	14. Goodwill Million US dollar 31 December 2021 31 December 2020 Acquisition cost Balance at end of previous year 123 702 128 119 Effect of movements in foreign exchange (5 456 ) (4 723 ) Acquisitions through business combinations — 185 Transfers (to)/from intangible assets 18 — Hyperinflation monetary adjustments 196 120 Balance at end of the period 118 461 123 702 Impairment losses Balance at end of previous year (2 731 ) (5 ) Effect of movements in foreign exchange 66 (226 ) Impairment losses — (2 500 ) Balance at end of the period (2 665 ) (2 731 ) Carrying amount at 31 December 2020 120 971 120 971 at 31 December 2021 115 796 The carrying amount of goodwill was allocated to the different cash-generating units as follows: Million US dollar 31 December 2021 31 December 2020 United States 33 607 33 552 Rest of North America 2 114 2 105 Mexico 12 062 12 446 Colombia 15 344 17 748 Rest of Middle Americas 22 769 24 036 Brazil 3 280 3 521 Rest of South America 1 173 1 061 Europe 2 244 2 444 South Africa 10 231 11 110 Rest of Africa 5 287 4 990 China 3 387 3 291 Rest of Asia Pacific 3 717 4 059 Global Export and Holding Companies 582 608 Total carrying amount of goodwill 115 796 120 971 Goodwill, which accounted for approximately 53% of AB InBev total assets as at 31 December 2021, is tested for impairment at the cash-generating unit level (that is one level below the operating segments). The cash-generating unit level is the lowest level at which goodwill is monitored for internal management purposes. Except in cases where the initial allocation of goodwill has not been concluded by the end of the initial reporting period following the business combination, goodwill is allocated as from the acquisition date to each of AB InBev’s cash-generating units that are expected to benefit from the synergies of the combination whenever a business combination occurs. 2021 impairment testing AB InBev completed its annual impairment test for goodwill and concluded that, based on the assumptions described below, no impairment charge was warranted. The company cannot predict whether an event that triggers impairment will occur, when it will occur or how it will affect the value of the asset reported. Goodwill impairment testing relies on a number of critical judgments, estimates and assumptions. AB InBev believes that all of its estimates are reasonable: they are consistent with the company’s internal reporting and reflect management’s best estimates. However, inherent uncertainties exist that management may not be able to control. If the company’s current assumptions and estimates, including projected revenues growth rates, competitive and consumer trends, weighted average cost of capital, terminal growth rates, and other market factors, are not met, or if valuation factors outside of the company’s control change unfavorably, the estimated fair value of goodwill could be adversely affected, leading to a potential impairment in the future. During its valuation, the company ran sensitivity analysis for key assumptions including the weighted average cost of capital and the terminal growth rate, in particular for the valuations of Colombia, South Africa and Rest of Africa cash-generating units that show the highest invested capital to EBITDA multiple. In the sensitivity analysis performed by management during the annual impairment testing in 2021, an adverse change of 1% in WACC or Impairment testing methodology The company performed its annual goodwill impairment test at cash-generating unit level, which is the lowest level at which goodwill is monitored for internal management purposes. AB InBev’s impairment testing methodology is in accordance with IAS 36 Impairment of Assets fair-value-less-cost-to-sell The key judgments, estimates and assumptions used in the discounted cash flow calculations were generally as follows: • In the first three years of the model, cash flows are based on AB InBev’s 1-year • For the subsequent seven years of the model, data from the strategic plan is • Cash flows after the first ten-year • Projections are discounted at the unit’s weighted average cost of capital (WACC), considering sensitivities on this metric; • Cost to sell is assumed to reach 2% of the entity value based on historical precedents. For the main cash generating units, the terminal growth rate applied generally ranged between 2% and 5%. The WACC applied in US dollar nominal terms were as follows: Cash-generating unit 31 December 2021 31 December 2020 Colombia 6 % 6 % Rest of Middle Americas 10 % 9 % South Africa 8 % 7 % Rest of Africa 10 % 10 % Rest of Asia Pacific 6 % 6 % Goodwill impairment testing relies on a number of critical judgments, estimates and assumptions. AB InBev believes that all of its estimates are reasonable: they are consistent with the company’s internal reporting and reflect management’s current best estimates. However, inherent uncertainties exist, including the rate of recovery of the countries following the COVID-19 Although AB InBev believes that its judgments, assumptions and estimates are appropriate, actual results may differ from these estimates under different assumptions or market or macro-economic conditions. 2020 impairment testing In the second quarter of 2020, the company recognized a 2.5 billion US dollar non-cash COVID-19 COVID-19 Impairment of Assets The company did not recognize any additional impairment of goodwill based on the results of its annual impairment testing conducted in the fourth quarter of 2020.

Intangible assets

Intangible assets	12 Months Ended
	Dec. 31, 2021
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Intangible assets	15. Intangible assets 31 December 2021 31 December 2020 Million US dollar Brands Commercial Software Other Total Total Acquisition cost Balance at end of previous year 39 427 3 031 2 972 455 45 885 46 108 Effect of movements in foreign exchange (1 017 ) (81 ) (185 ) (6 ) (1 289 ) (789 ) Acquisitions through business combinations — — — — — 162 Acquisitions and expenditures 21 23 457 259 760 557 Disposals through sale and derecognition (14 ) (22 ) (47 ) (15 ) (98 ) (142 ) Disposals through the sale of subsidiaries — — — (3 ) (3 ) — Transfer (to)/from other asset categories and other movements 1 (8 ) (119 ) 240 (353 ) (240 ) (11 ) Balance at end of period 38 409 2 832 3 437 337 45 015 45 885 Amortization and impairment losses Balance at end of previous year (41 ) (2 072 ) (2 181 ) (64 ) (4 358 ) (3 656 ) Effect of movements in foreign exchange — 62 128 2 192 (16 ) Amortization — (218 ) (377 ) (49 ) (644 ) (715 ) Impairment (23 ) — (1 ) (153 ) (176 ) (165 ) Disposals through sale and derecognition 2 19 46 6 73 62 Disposals through the sale of subsidiaries — — — 3 3 — Transfer to/(from) other asset categories and other movements 1 (27 ) 127 4 222 326 132 Balance at end of period (89 ) (2 082 ) (2 381 ) (33 ) (4 585 ) (4 358 ) Carrying value at 31 December 2020 39 386 959 791 391 41 527 41 527 at 31 December 2021 38 320 750 1 056 304 40 430 During 2021, the company recognized (176)m US dollar impairment on intangibles associated with Bedford Systems, a 70 Exceptional items. AB InBev is the owner of some of the world’s most valuable brands in the beer industry. As a result, brands and certain distribution rights are expected to generate positive cash flows for as long as the company owns the brands and distribution rights. Given AB InBev’s more than 600-year Acquisitions and expenditures of commercial intangibles mainly represent supply and distribution rights, exclusive multi-year sponsorship rights and other commercial intangibles. Intangible assets with indefinite useful lives are comprised primarily of brands and certain distribution rights that AB InBev purchased for its own products and are tested for impairment during the fourth quarter of the year or whenever a triggering event has occurred. Based on the impairment testing results, no impairment loss was allocated to intangible assets with indefinite useful lives – refer to Note 14 Goodwill As at 31 December 2021, the carrying amount of the intangible assets amounted to 40 430 41 527 38 320 39 395 2 110 2 132 1 The transfer (to)/from other asset categories and other movements mainly relates to transfers from assets under construction to their respective asset categories, to contributions of assets to pension plans, to the separate presentation in the balance sheet of intangible assets held for sale in accordance with IFRS 5 Non-current assets held for sale and discontinued operations Financial reporting in hyperinflationary economies Million US dollar Cash-generating unit 2021 2020 United States 22 129 22 172 Rest of North America 42 42 Mexico 2 977 3 067 Colombia 2 870 3 320 Rest of Middle Americas 3 432 3 655 Brazil — 1 Rest of South America 724 681 Europe 452 461 South Africa 3 029 3 289 Rest of Africa 1 112 1 068 China 440 427 Rest of Asia Pacific 1 113 1 212 Total carrying amount of intangible assets with indefinite useful lives 38 320 39 395

Investments in associates

Investments in associates	12 Months Ended
	Dec. 31, 2021
Investments accounted for using equity method [abstract]
Investments in associates	16. Investments in associates A reconciliation of the summarized financial information to the carrying amount of the company’s interests in material associates is as follows: 2021 2020 Million US dollar AB InBev Castel Efes AB InBev Castel Efes Balance at 1 January 1 135 3 566 391 1 132 3 239 451 Effect of movements in foreign exchange — (246 ) (159 ) — 270 (92 ) Dividends received — (36 ) (67 ) — (19 ) — Share of results of associates 7 116 35 3 76 32 Balance at 31 December 1 143 3 400 201 1 135 3 566 391 Summarized financial information of the company’s material associates is as follows: 2021 2020 Million US dollar AB InBev Castel Efes AB InBev Castel Efes Current assets 385 3 016 1 500 351 4 048 2 156 Non-current 624 3 923 3 157 603 3 775 4 642 Current liabilities (693 ) (1 774 ) (1 259 ) (591 ) (1 531 ) (1 639 ) Non-current (42 ) (499 ) (1 218 ) (75 ) (671 ) (1 852 ) Non-controlling — (543 ) (1 128 ) — (687 ) (1 627 ) Net assets 1 274 4 124 1 053 288 4 934 1 679 Revenue 1 393 5 017 3 781 1 276 4 879 3 847 Profit (loss) 1 741 275 (20 ) 700 224 Other comprehensive income (loss) — (295 ) 241 — (134 ) 392 Total comprehensive income (loss) 1 447 516 (20 ) 566 617 In 2021, associates that are not individually material contributed 90m US dollar to the results of investment in associates (2020: 45m US dollar; 2019: 10m US dollar). Following the entry of Zimbabwe in a hyperinflation economy in 2019, the company recorded an impairment of 15m US dollar in 2020 on its investment in Delta Corporation Ltd. The impairment was recorded as an exceptional net finance cost. Refer to Note 11 Finance cost and income. Additional information related to the significant associates is presented in Note 35 AB InBev Companies 1 The net assets are converted at the respective closing rates of December.

Deferred tax assets and liabili

Deferred tax assets and liabilities	12 Months Ended
	Dec. 31, 2021
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Deferred tax assets and liabilities	17. Deferred tax assets and liabilities The amount of deferred tax assets and liabilities by type of temporary difference can be detailed as follows: 2021 Million US dollar Assets Liabilities Net Property, plant and equipment 91 (2 113 ) (2 023 ) Intangible assets 60 (9 796 ) (9 736 ) Inventories 88 (66 ) 22 Trade and other receivables 48 — 48 Interest-bearing loans and borrowings 905 (628 ) 277 Employee benefits 577 (8 ) 569 Provisions 511 (19 ) 492 Derivatives 11 (118 ) (107 ) Other items 407 (1 198 ) (792 ) Loss carry forwards 1 015 — 1 015 Gross deferred tax assets/(liabilities) 3 713 (13 947 ) (10 235 ) Netting by taxable entity (1 743 ) 1 743 — Net deferred tax assets/(liabilities) 1 969 (12 204 ) (10 235 ) 2020 Million US dollar Assets Liabilities Net Property, plant and equipment 398 (2 487 ) (2 089 ) Intangible assets 106 (10 007 ) (9 901 ) Inventories 86 (65 ) 22 Trade and other receivables 62 — 62 Interest-bearing loans and borrowings 858 (603 ) 255 Employee benefits 648 (8 ) 640 Provisions 525 (30 ) 495 Derivatives 13 (46 ) (33 ) Other items 312 (1 152 ) (840 ) Loss carry forwards 782 — 782 Gross deferred tax assets/(liabilities) 3 790 (14 398 ) (10 607 ) Netting by taxable entity (1 771 ) 1 771 — Net deferred tax assets/(liabilities) 2 019 (12 627 ) (10 607 ) The change in net deferred taxes recorded in the consolidated statement of financial position can be detailed as follows: Million US dollar 2021 2020 2019 Balance at 1 January (10 607 ) (11 105 ) (11 648 ) Recognized in profit or loss 348 32 19 Recognized in other comprehensive income ( 166 ) 361 109 Acquisitions through business combinations — (6 ) (18 ) Reclassified as held for sale — (1 ) 363 Other movements and effect of changes in foreign exchange rates 190 112 70 Balance at 31 December (10 235 ) (10 607 ) (11 105 ) Most of the temporary differences are related to the fair value adjustment on intangible assets with indefinite useful lives and property, plant and equipment acquired through business combinations. The realization of the temporary differences on intangible assets acquired through business combinations is unlikely to revert within 12 months as they would be realized upon impairment or disposal of these intangibles which is currently not expected. The net deferred tax liabilities attributable to the US business and mainly related to purchase price accounting amount to 6.5 billion US dollar as of 31 December 2021. As of 31 December 2021, the total amount of unrecognized tax attributes amounts to 27.9 billion US dollar compared to 27.0 billion US dollar as of 31 December 2020 1 . These unrecognized tax attributes include tax losses carry forward, capital losses, foreign and withholding tax credits, excess dividend received deduction, excess interest carry forward, amongst others. 24.9 billion US dollar of these tax attributes do not have an expiration date, 0.2 billion US dollar, 0.3 billion US dollar and 0.2 billion US dollar expire within respectively 1 2 3 years 1 2020 restated to include all tax attributes. have not been recognized on these items because it is not probable that future taxable profits will be available against which these tax losses and deductible temporary differences can be utilized and the company has no tax planning strategy currently in place to utilize these tax losses and deductible temporary differences.

Inventories

Inventories	12 Months Ended
	Dec. 31, 2021
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Inventories	18. Inventories Million US dollar 31 December 2021 31 December 2020 Prepayments 115 92 Raw materials and consumables 3 072 2 499 Work in progress 451 439 Finished goods 1 537 1 256 Goods purchased for resale 224 197 Inventories 5 399 4 482 Inventories other than work in progress Inventories stated at net realizable value 368 214 The cost of inventories recognized as an expense in 2021 amounts to 23 097m US dollar, included in cost of sales (2020:19 634m US dollar; 2019: 20 362m US dollar). Impairment losses on inventories recognized in 2021 amount to 91m US dollar (2020: 117m US dollar; 2019: 59m US dollar).

Trade and other receivables

Trade and other receivables	12 Months Ended
	Dec. 31, 2021
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Trade and other receivables	19. Trade and other receivables Million US dollar 31 December 2021 31 December 2020 Cash deposits for guarantees 168 184 Loans to customers 17 25 Tax receivable, other than income tax 116 99 Brazilian tax credits and interest receivables 960 997 Trade and other receivables 319 357 Non-current 1 580 1 661 Trade receivables and accrued income 3 465 3 284 Interest receivables 18 4 Tax receivable, other than income tax 593 552 Loans to customers 99 117 Prepaid expenses 350 354 Other receivables 521 522 Current trade and other receivables 5 046 4 833 Ambev’s tax credits and interest receivables are expected to be collected over a period exceeding 12 months after the reporting date. As of 31 December 2021, the total amount of such credits and interest receivables represented 960m US dollar (31 December 2020: 997m US dollar). Refer to Note 7 Other operating income/(expenses) Finance cost and income The carrying amount of trade and other receivables is a good approximation of their fair value as the impact of discounting is not significant. The ageing of the current trade receivables and accrued income, interest receivable, other receivables and current and non-current Net carrying Of which: the reporting date Of which not impaired as of the reporting date and past due Less than 30 days Between 30 Between 60 More than 90 days Trade receivables and accrued income 3 465 3 223 164 62 11 5 Loans to customers 117 83 2 2 31 — Interest receivable 18 18 — — — — Other receivables 521 513 2 1 2 3 4 120 3 836 167 65 44 8 Net carrying Of which: Of which not impaired as of the reporting date and past due Less than 30 Between 30 Between 60 More than 90 Trade receivables and accrued income 3 285 3 074 155 37 10 8 Loans to customers 142 86 3 2 50 — Interest receivable 4 4 — — — — Other receivables 522 416 2 16 5 83 3 953 3 580 161 55 66 91 The above analysis of the age of financial assets that are past due as at the reporting date but not impaired also includes non-current COVID-19 AB InBev’s exposure to credit, currency and interest rate risks is disclosed in Note 28 Risks arising from financial instruments

Cash and cash equivalents and i

Cash and cash equivalents and investment securities	12 Months Ended
	Dec. 31, 2021
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Cash and cash equivalents and investment securities	20. Cash and cash equivalents and investment securities Million US dollar 31 December 2021 31 December 2020 Short-term bank deposits 6 542 3 319 Treasury Bills 1 050 6 800 Cash and bank accounts 4 505 5 132 Cash and cash equivalents 12 097 15 252 Bank overdrafts (53 ) (5 ) 12 043 15 247 The company’s investment in Treasury Bills is to facilitate liquidity and for capital preservation. The cash outstanding as at 31 December 2021 includes restricted cash for an amount of 78m US dollar (31 December 2020: 84m US dollar). This restricted cash relates to an outstanding consideration payable to former Anheuser-Busch shareholders that have not yet claimed the proceeds from the 2008 combination (1m US dollar) and amounts deposited on a blocked account in respect to the state aid investigation into the Belgian excess profit ruling system (77m US dollar). Investment securities Million US dollar 31 December 2021 31 December 2020 Investment in unquoted companies 139 115 Investment on debt securities 22 22 Non-current 161 137 Investment on debt securities 374 396 Current investments 374 396 As at 31 December 2021, current debt securities of 374m US dollar mainly represented investments in government bonds (31 December 2020: 396m US dollar). The company’s investments in such short-term debt securities are primarily to facilitate liquidity and for capital preservation.

Assets classified as held for s

Assets classified as held for sale, liabilities associated with assets held for sale and discontinued operations	12 Months Ended
	Dec. 31, 2021
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Assets classified as held for sale, liabilities associated with assets held for sale and discontinued operations	21. Assets classified as held for sale, liabilities associated with assets held for sale and discontinued operations ASSETS CLASSIFIED AS HELD FOR SALE Million US dollar 31 December 2021 31 December 2020 Balance at the end of previous year 74 10 013 Reclassified to assets held for sale in the period 11 210 Impairment losses (20 ) — Disposals (33 ) (9 665 ) Effect of movements in foreign exchange (2 ) (484 ) Balance at the end of year 30 74 LIABILITIES ASSOCIATED WITH ASSETS HELD FOR SALE Million US dollar 31 December 2021 31 December 2020 Balance at end of previous year — 1 145 Reclassified to liabilities associated with assets held for sale 5 (46 ) Disposals (5 ) (1 044 ) Effect of movements in foreign exchange — (55 ) Balance at end of the period — — AUSTRALIA DISCONTINUED OPERATIONS On 1 June 2020, AB InBev divested CUB, its Australian subsidiary, to Asahi for 16.0 billion AUD on a cash free, debt free basis. Upon the closing of the transaction, the company received 10.8 billion US dollar proceeds net of disposal costs, derecognized (8.5) billion US dollar of net assets in relation to its former Australian operations, recycled (0.4) billion US dollar of the cumulative foreign exchange differences on its former Australian operations and cashflow hedges from equity to profit or loss, resulting in a net gain on disposal of 1.9 billion US dollar recognized in discontinued operations. The results of the Australian operations were accounted for as discontinued operations and presented in a separate line in the consolidated income statement (“profit from discontinued operations”) up to 31 May 2020. Assets and liabilities relating to the Australian operations disposed of on 1 June 2020 are detailed in the table below: Million US dollar 1 June 2020 Assets Property, plant and equipment 581 Goodwill and intangible assets 8 584 Other assets 371 Assets classified as held for sale 9 537 Liabilities Trade and other payables (581 ) Deferred tax liabilities (363 ) Other liabilities (101 ) Liabilities associated with assets held for sale (1 044 ) Net assets disposed of 8 493 Exceptional gain on divestiture of Australia (discontinued operations) 1 919 Recycling of cash flow hedges and cumulative translation adjustments 426 Consideration received 10 838 The following table summarizes the results of the Australian operations included in the consolidated income statement and presented as discontinued operations: For the period ended Million US dollar 1 June 31 December 2019 Revenue 477 1 394 Profit from operations 178 632 Profit from discontinued operations (including gain on divestiture) 2 055 424 Weighted average number of ordinary and restricted shares 1 1 998 1 984 Basic EPS from discontinued operations 1.03 0.21 Weighted average number of ordinary and restricted shares (diluted) 1 2 037 2 026 Diluted EPS from discontinued operations 1.01 0.21 Cash flows attributable to the operating, investing and financing activities of the Australian operations are summarized as follows: For the period ended Million US dollar 1 June 31 December 2019 2 Cash flow from operating activities 84 640 Cash flow from investing activities (proceeds from Australia divestiture) 10 838 219 Cash flow from investing activities (other) (13 ) (77 ) Cash flow from financing activities (6 ) (24 ) Net increase in cash and cash equivalents 10 903 758 1 The calculation of basic EPS and diluted EPS from discontinued operations for 2020 and 2019 is based on the profit from discontinued operations (including gain on divestiture) and a weighted average number of ordinary and restricted shares outstanding (including deferred share instruments and stock lending) as of 31 December 2020 and 2019, and a weighted average number of ordinary and restricted shares (diluted) outstanding (including deferred share instruments and stock lending) as of 31 December 2020 and 2019, respectively. 2 The 2019 cash flow from investing activities has been restated to reflect reclassification of the cash flow hedges in relation to the Australia divestiture reported in the financing activities in 2019 and recycled to profit or loss upon the completion of the transaction.

Changes in equity and earnings

Changes in equity and earnings per share	12 Months Ended
	Dec. 31, 2021
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Changes in equity and earnings per share	22. Changes in equity and earnings per share STATEMENT OF CAPITAL The tables below summarize the changes in issued capital and treasury shares during 2021: Issued capital Issued capital Million shares Million US dollar At the end of the previous year 2 019 1 736 Changes during the period — — 2 019 1 736 Of which: Ordinary shares 1 737 Restricted shares 282 Treasury shares Result on the use of Treasury shares Million shares Million US dollar Million US dollar At the end of the previous year 47.0 (4 911 ) (3 530 ) Changes during the period (8.8 ) 917 (836 ) 38.2 (3 994 ) (4 366 ) As at 31 December 2021, the share capital of AB InBev amounts to 1 238 608 344.12 euro ( 1 736 2 019 241 973 38 217 386 The treasury shares held by the company are reported in equity in Treasury shares. In 2021, 5.1 million AB InBev Treasury shares were used for the settlement of the prior and new Zenzele B-BBEE The holders of ordinary and restricted shares are entitled to receive dividends as declared from time to time and are entitled to one vote per share at meetings of the company. In respect of the company’s shares that are held by AB InBev and its subsidiaries, the economic and voting rights are suspended. The restricted shares are unlisted, not admitted to trading on any stock exchange, and are subject to, among other things, restrictions on transfer until converted into new ordinary shares. As from 11 October 2021 (fifth anniversary of completion of the SAB combination), the restricted shares are convertible at the election of the holder into new ordinary shares on a one-for-one The shareholders’ structure is based on the notifications made to the company pursuant to the Belgian Law of 2 May 2007, which governs the disclosure of significant shareholdings in listed companies. It is included in the Corporate Governance ZENZELE SCHEMES IN SOUTH AFRICA Following the combination with SAB in 2016, AB InBev decided to maintain the SAB Zenzele share-scheme (Zenzele Scheme), the broad-based black economic empowerment (B-BBEE) 10-year Obligations to the SAB Foundation and the employees as beneficiaries of the SAB Zenzele Employee Share Trust were settled in full on 15 April 2020. The obligations to SAB retailers, who participate in the Zenzele Scheme through SAB Zenzele Holdings, were partially settled (77.4%) on 15 April 2020. As a direct consequence of the COVID-19 In total, 10.8 million AB InBev Treasury shares with a total value of 491m US dollar were used in 2020 to settle the obligations to the participants of the Zenzele Scheme. The total value delivered to the participants of the Zenzele Scheme amounted to 8.6 billion ZAR. As part of the combination with SAB in 2016, AB InBev made a commitment to the South African Government and Competition Authorities to create a new B-BBEE B-BBEE • The new scheme was implemented through the listing of a special purpose company, which is called SAB Zenzele Kabili Holdings Limited (Zenzele Kabili) on the segment of the Johannesburg Stock Exchange’s Main Board on which an issuer may list its B-BBEE • Zenzele Kabili holds AB InBev shares; • Existing Zenzele participants (SAB retailers) reinvested a portion of their Zenzele payout into Zenzele Kabili and the SAB Foundation invested AB InBev shares into Zenzele Kabili; • A new Employee Share Plan, funded by AB InBev, subscribed for shares in Zenzele Kabili. The settlement of the balance of the SAB retailers entitlement required 1.1 billion ZAR (0.1 billion US dollar 1 ), out of which 0.7 billion ZAR (0.1 billion US dollar) were re-invested B-BBEE set-up B-BBEE 5.1 million AB InBev Treasury shares were used for the settlement of part of the prior and the new B-BBEE 2 ). The new Zenzele scheme arrangement met the criteria under IFRS 2 to be classified as equity settled. The IFRS 2 charge for the period is reported in exceptional items (Refer to Note 8 Exceptional items CHANGES IN OWNERSHIP INTERESTS In accordance with IFRS 10 Consolidated Financial Statements On 31 December 2020, AB InBev completed the issuance of a 49.9% minority stake in its US-based US-based Non-controlling On 30 September 2019, the initial public offering (the “IPO”) of a minority stake in Budweiser Brewing Company APAC Limited, AB InBev’s Asia Pacific subsidiary, was completed and Budweiser APAC commenced the listing of its shares on the Hong Kong Stock Exchange. In addition, on 3 October 2019, the over-allotment option in connection with the IPO of Budweiser APAC was fully exercised by the international underwriters. The final number of shares issued in the IPO was 1 669 459 000 shares comprising of 72 586 000 shares issued under the Hong Kong public offering, 1 379 118 000 shares placed under the international offering, and 217 755 000 shares issued under the over-allotment option fully exercised by the international underwriters. Following the completion of the IPO and after the exercise of the over-allotment option, AB InBev retained an 87.22% controlling interest of the issued share capital of Budweiser APAC. As presented in the consolidated statement of changes in equity, the transaction resulted in a 4.4 billion US dollar increase in equity and a 1.2 billion US dollar increase in non-controlling The net proceeds of the offering (after deducting the underwriting commissions and other expenses in connection with the IPO and the issuance of the new shares) amount to 5.6 billion US dollar and were used to repay debt of AB InBev. During 2021, there were no significant purchases or disposals of non-controlling ACQUISITIONS AND DISPOSALS OF OWN SHARES (REPORT ACCORDING TO ARTICLE 7:220 OF THE BELGIAN COMPANIES CODE OF COMPANIES AND ASSOCIATIONS) AND BORROWINGS OF OWN SHARES– PURCHASE OF OWN SHARES During 2021, the company has not acquired any treasury shares in accordance with article 7:215 of the Belgian Code of Companies and Associations (former article 620 of the Belgian Companies Code) and has proceeded with the following disposals of its own shares. Treasury shares The company has used 5 148 866 treasury shares to settle the participants’ obligations related to part of the Zenzele and the entire Zenzele Kabili Scheme (see above for more details). The company has also used 3 626 315 treasury shares mainly for settling employee share-based payments. As a consequence, the treasury shares used during 2021 represented 6 568 491 US dollar (5 352 860 euro) of the subscribed capital. As at 31 December 2021, the group owned 38 217 386 own shares of which 37 579 393 were held directly by AB InBev. The par value of the share is 0.61 euro. The treasury shares that the company still owned at the end of 2021 represented 28 606 881 US dollar (23 312 605 euro) of the subscribed capital. Borrowed shares In order to fulfill AB InBev’s commitments under various outstanding share-based compensation plans, during the course of 2021, the company had stock lending arrangements in place for up to 30 million shares, which were fully used to fulfill share-based compensation plan commitments. The company shall pay any dividend equivalent after tax in respect of such borrowed shares. This payment will be reported through equity as dividend. 1 Converted at the closing rate as at 24 May 2021. 2 Considering the closing share price of 62.26 euro per share as at 24 May 2021 and ZAR per Euro exchange rate of 17.0064 as at 24 May 2021. DIVIDENDS On 23 February 2022, a dividend of 0.50 1 006m On 28 April 2021, a dividend of 0.50 euro per share or 1 003m euro was approved at the shareholders’ meeting. The dividend was paid out as of 6 May 2021. On 24 October 2019, an interim dividend of 0.80 euro per share or approximately 1 588m euro was approved by the Board of Directors. This interim dividend was paid out on 21 November 2019. On 3 June 2020, in addition to the interim dividend paid on 21 November 2019, a dividend of 0.50 euro per share or 1 002m euro was approved at the shareholder’ meeting, reflecting a total dividend payment for the 2019 fiscal year of 1.30 euro per share or 2 590m euro. The dividend was paid out as of 11 June 2020. TRANSLATION RESERVES The translation reserves comprise all foreign currency exchange differences arising from the translation of the financial statements of foreign operations. The translation reserves also comprise the portion of the gain or loss on the foreign currency liabilities and on the derivative financial instruments determined to be effective net investment. HEDGING RESERVES The hedging reserves comprise the effective portion of the cumulative net change in the fair value of cash flow hedges to the extent that the hedged risk has not yet impacted profit or loss. On 1 June 2020, upon the Australia divestiture, the company recycled 370m US dollar of cash flow hedges in relation to its former Australia operations from equity to profit or loss. TRANSFERS FROM SUBSIDIARIES The amount of dividends payable to AB InBev by its operating subsidiaries is subject to, among other restrictions, general limitations imposed by the corporate laws, capital transfer restrictions and exchange control restrictions of the respective jurisdictions where those subsidiaries are organized and operate. Capital transfer restrictions are also common in certain emerging market countries and may affect AB InBev’s flexibility in implementing a capital structure it believes to be efficient. As at 31 December 2021, the restrictions above mentioned were not deemed significant on the company’s ability to access or use the assets or settle the liabilities of its operating subsidiaries. Dividends paid to AB InBev by certain of its subsidiaries are also subject to withholding taxes. Withholding taxes, if applicable, generally do not exceed 15%. OTHER COMPREHENSIVE INCOME RESERVES The changes in the other comprehensive income reserves are as follows: Post- Translation Hedging employment Total OCI Million US dollar Reserves reserves benefits Reserves As per 1 January 2021 (29 234 ) 376 (1 983 ) (30 841 ) Other comprehensive income/(loss) Exchange differences on translation of foreign operations (gains/(losses)) (4 320 ) — — (4 320 ) Cash flow hedges — 105 — 105 Re-measurements — — 479 479 Other comprehensive income/(loss) (4 320 ) 105 479 (3 736 ) As per 31 December 2021 (33 554 ) 481 (1 504 ) (34 577 ) The increase in translation reserves is primarily related to the combined effect of the weakening of the closing rates of the Colombian pesos, the Peruvian Sol, the South African rand and the Mexican pesos, partially offset by the weakening of the closing rate of the Euro, which resulted in a foreign exchange translation adjustment of 4 320m US dollar as of 31 December 2021 (decrease of equity). Post- Translation Hedging employment Total OCI Million US dollar Reserves reserves benefits Reserves As per 1 January 2020 (19 936 ) 397 (1 740 ) (21 279 ) Other comprehensive income/(loss) Exchange differences on translation of foreign operations (gains/(losses)) (9 943 ) — — (9 943 ) Cash flow hedges — 198 — 198 Cash flow hedges and cumulative translation adjustments reclassified from equity to profit or loss in relation to Australia divestiture 645 (219 ) — 426 Re-measurements — — (243 ) (243 ) Other comprehensive income/(loss) (9 298 ) (21 ) (243 ) (9 562 ) As per 31 December 2020 (29 234 ) 376 (1 983 ) (30 841 ) Post- Translation Hedging employment Total OCI Million US dollar Reserves reserves benefits Reserves As per 1 January 2019 (21 079 ) 494 (1 567 ) (22 152 ) Other comprehensive income/(loss) Exchange differences on translation of foreign operations (gains/(losses)) 1 143 — — 1 143 Cash flow hedges — (97 ) — (97 ) Re-measurements — — (173 ) (173 ) Other comprehensive income/(loss) 1 143 (97 ) (173 ) 873 As per 31 December 2019 (19 936 ) 397 (1 740 ) (21 279 ) EARNINGS PER SHARE The calculation of basic earnings per share for 2021 is based on the profit attributable to equity holders of AB InBev of 4 670m US dollar (2020: 1 405m US dollar; 2019: 9 171m US dollar) and a weighted average number of ordinary and restricted shares outstanding (including deferred share instruments and stock lending) per end of the period, calculated as follows: Million shares 2021 2020 2019 Issued ordinary and restricted shares at 1 January, net of treasury shares 1 972 1 959 1 957 Effect of stock lending 30 30 25 Effect of delivery of treasury shares 4 9 2 Weighted average number of ordinary and restricted shares at 31 December 2 007 1 998 1 984 The calculation of diluted earnings per share for 2021 is based on the profit attributable to equity holders of AB InBev of 4 670m US dollar (2020: 1 405m US dollar; 2019: 9 171m US dollar) and a weighted average number of ordinary and restricted shares (diluted) outstanding (including deferred share instruments and stock lending) at the end of the period, calculated as follows: Million shares 2021 2020 2019 Weighted average number of ordinary and restricted shares at 31 December 2 007 1 998 1 984 Effect of share options, warrants and restricted stock units 38 39 42 Weighted average number of ordinary and restricted shares (diluted) at 31 December 2 045 2 037 2 026 The calculation of earnings per share from continuing operations before exceptional items is based on the profit from continuing operations before exceptional items and discontinued operations, attributable to equity holders of AB InBevThe calculation of the Underlying EPS is based on the profit before exceptional items, discontinued operations, mark-to-market mark-to-market Million US dollar 2021 2020 2019 Profit attributable to equity holders of AB InBev 4 670 1 405 9 171 Exceptional items, before taxes (refer to Note 8) 614 3 103 323 Exceptional finance income/(cost), before taxes (refer to Note 11) 806 1 738 (882 ) Exceptional taxes (refer to Note 8) (346 ) (155 ) 6 Exceptional non-controlling interest (refer to Note 8) (20 ) (228 ) (108 ) Profit from discontinued operations (refer to Note 21) — (2 055 ) (424 ) Profit from continuing operations before exceptional items and discontinued operations, 5 723 3 807 8 086 Mark-to-market (losses)/gains on certain derivatives related to the hedging of share-based payment 23 1 211 (898 ) Hyperinflation impacts 28 4 7 Profit before exceptional items, discontinued operations, mark-to-market gains/losses and hyperinflation impacts, attributable to equity holders of AB InBev 5 774 5 022 7 196 The table below sets out the EPS calculation: Million US dollar 2021 2020 2019 Profit attributable to equity holders of AB InBev 4 670 1 405 9 171 Weighted average number of ordinary and restricted shares 2 007 1 998 1 984 Basic EPS from continuing and discontinued operations 2.33 0.70 4.62 Profit/(loss) from continuing operations attributable to equity holders of AB InBev 4 670 (650 ) 8 748 Weighted average number of ordinary and restricted shares 2 007 1 998 1 984 Basic EPS from continuing operations 2.33 (0.33 ) 4.41 Profit from continuing operations before exceptional items and discontinued operations, attributable to equity holders of AB InBev 5 723 3 807 8 086 Weighted average number of ordinary and restricted shares 2 007 1 998 1 984 Basic EPS from continuing operations before exceptional items 2.85 1.91 4.08 Profit before exceptional items, discontinued operations, mark-to-market 5 774 5 022 7 196 Weighted average number of ordinary and restricted shares 2 007 1 998 1 984 Underlying EPS 2.88 2.51 3.63 Profit attributable to equity holders of AB InBev 4 670 1 405 9 171 Weighted average number of ordinary and restricted shares (diluted) 2 045 2 037 2 026 Diluted EPS from continuing and discontinued operations 2.28 0.69 4.53 Profit/(loss) from continuing operations attributable to equity holders of AB InBev 4 670 (650 ) 8 748 Weighted average number of ordinary and restricted shares (diluted) 2 045 1 998 2 026 Diluted EPS from continuing operations 2.28 (0.33 ) 4.32 Profit from continuing operations before exceptional items and discontinued operations, attributable to equity holders of AB InBev 5 723 3 807 8 086 Weighted average number of ordinary and restricted shares (diluted) 2 045 2 037 2 026 Diluted EPS from continuing operations before exceptional items 2.80 1.87 3.99 Earnings per share excluding exceptional items and discontinued operations and Underlying EPS are non-IFRS measures. The average market value of the company’s shares for purposes of calculating the dilutive effect of share options and restricted stock units was based on quoted market prices for the period that the options and restricted stock units were outstanding. For the calculation of Diluted EPS from continuing operations before exceptional items, 68m share options were anti-dilutive and not included in the calculation of the dilutive effect as at 31 December 2021 (31 December 2020: 76m share options; 31 December 2019: 59m share options). In accordance with the guidance provided by IAS 33 Earnings per Share

Interest-bearing loans and borr

Interest-bearing loans and borrowings	12 Months Ended
	Dec. 31, 2021
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Interest-bearing loans and borrowings	23. Interest-bearing loans and borrowings This note provides information about the company’s interest-bearing loans and borrowings. For more information about the company’s exposure to interest rate and foreign exposure currency risk – refer to Note 28 Risks arising from financial instruments. Non-current Million US dollar 31 December 2021 31 December 2020 Secured bank loans 75 46 Unsecured bond issues 85 433 93 523 Unsecured other loans 31 73 Lease liabilities 1 830 1 837 Non-current 87 369 95 478 Current liabilities Million US dollar 31 December 2021 31 December 2020 Secured bank loans 553 656 Commercial papers — 1 522 Unsecured bank loans 106 294 Unsecured bond issues 293 202 Unsecured other loans 9 10 Lease liabilities 447 397 Current interest-bearing loans and borrowings 1 408 3 081 The current and non-current On 18 February 2021, the company entered into a new 10.1 billion US dollar Sustainable-Linked Loan Revolving Credit Facility (“SLL RCF”) with an initial five-year term, replacing the previous 9.0 billion US dollar of committed long-term credit facilities. As at 31 December 2021, the company had no outstanding balance on commercial papers compared to 1.5 billion US dollar as at 31 December 2020. The commercial papers included programs in US dollar and euro with a total authorized issuance up to 5.0 billion US dollar and 3.0 billion euro, respectively. In 2021, Anheuser-Busch InBev NV/SA (“ABISA”) announced that it and its wholly-owned subsidiary Anheuser-Busch InBev Worldwide Inc. (“ABIWW”, and together with ABISA, the “Issuers”) exercised their respective options to redeem the outstanding principal amounts for an aggregate principal amount of 6.2 billion US dollar of the following series of notes: Date of redemption Issuer (abbreviated) Title of series of notes issued exchanged Currency Original principal amount outstanding (in million) Principal amount redeemed (in million) 27 January 2021 ABIWW 3.750% Notes due 2024 AUD 650 650 28 January 2021 ABISA 1.500% Notes due 2025 EUR 2 147 2 147 29 June 2021 ABIWW 4.150% Notes due 2025 USD 2 500 2 500 23 July 2021 ABIFI 4.600% Notes due 2045 USD 565 565 Net debt is defined as non-current AB InBev’s net debt decreased to 76.2 billion US dollar as at 31 December 2021, from 82.7 billion US dollar as at 31 December 2020. Aside from operating results that are net of capital expenditures, the net debt is impacted mainly by the payment of interests and taxes (6.2 billion US dollar), dividend payments to shareholders of AB InBev and Ambev (2.4 billion US dollar) and foreign exchange impact on net debt (1.6 billion US dollar decrease of net debt). The following table provides a reconciliation of AB InBev’s net debt as at the dates indicated: Million US dollar 31 December 2021 31 December 2020 Non-current 87 369 95 478 Current interest-bearing loans and borrowings 1 408 3 081 Interest-bearing loans and borrowings 88 777 98 559 Bank overdrafts 53 5 Cash and cash equivalents (12 097 ) (15 252 ) Interest bearing loans granted and other deposits (included within Trade and other receivables) (175 ) (173 ) Debt securities (included within Investment securities) (396 ) (418 ) Net debt 76 162 82 722 Reconciliation of liabilities arising from financing activities The table below details changes in the company’s liabilities arising from financing activities, including both cash and non-cash Million US dollar Long-term debt, net of current portion Short-term debt and current portion of long-term debt Balance at 1 January 2021 95 478 3 081 Proceeds from borrowings 148 306 Payments on borrowings (6 735 ) (2 230 ) Capitalization / (payment) of lease liabilities 697 (547 ) Amortized cost 64 — Unrealized foreign exchange effects (2 149 ) (88 ) Current portion of long-term debt (875 ) 875 Loss on bond redemption and other movements 741 10 Balance at 31 December 2021 87 369 1 408 Million US dollar Long-term debt, net of current portion Short-term debt and current portion of long-term debt Balance at 1 January 2020 97 564 5 410 Proceeds from borrowings 11 226 3 596 Payments on borrowings (13 596 ) (9 520 ) Capitalization / (payment) of lease liabilities 394 (484 ) Amortized cost 71 17 Unrealized foreign exchange effects 2 521 241 Current portion of long-term debt (3 744 ) 3 744 Loss on bond redemption and other movements 1 042 77 Balance at 31 December 2020 95 478 3 081 Million US dollar Long-term debt, net of current portion Short-term debt and current portion of long-term debt Balance at 1 January 2019 106 997 4 584 Proceeds from borrowings 17 939 4 645 Payments on borrowings (22 339 ) (8 253 ) Capitalization / (payment) of lease liabilities 420 (441 ) Amortized cost 75 13 Unrealized foreign exchange effects (538 ) (39 ) Current portion of long-term debt (4 769 ) 4 769 Liabilities associated with assets held for sale (69 ) (15 ) Other movements (152 ) 147 Balance at 31 December 2019 97 564 5 410

Employee benefits

Employee benefits	12 Months Ended
	Dec. 31, 2021
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Employee benefits	24. Employee benefits AB InBev sponsors various post-employment benefit plans worldwide, which include both defined contribution plans, defined benefit plans, and other post-employment benefits. In accordance with IAS 19 Employee Benefits DEFINED CONTRIBUTION PLANS For defined contribution plans, AB InBev pays contributions to publicly or privately administered pension funds or insurance contracts. Once the contributions have been paid, the group has no further payment obligation. The regular contributions constitute an expense for the year in which they are due. For 2021, contributions paid into defined contribution plans for the company amounted to 147m US dollar compared to 91m US dollar for 2020 and 101m US dollar for 2019. DEFINED BENEFIT PLANS During 2021, the company contributed to 82 defined benefit plans, of which 61 are retirement or leaving service plans, 17 are medical cost plans and 4 other long-term employee benefit plans. Most plans provide retirement and leaving service benefits related to pay and years of service. In many of the countries the plans are partially funded. When plans are funded, the assets are held in legally separate funds set up in accordance with applicable legal requirements and common practice in each country. The medical cost plans in Brazil, Canada, Colombia, Barbados, South Africa and US provide medical benefits to employees and their families after retirement. Many of the defined benefit plans are closed to new entrants. The present value of funded obligations includes a 96m US dollar liability related to two medical plans in Brazil, for which the benefits are provided through the Fundação Antonio Helena Zerrenner (“FAHZ”). The FAHZ is a legally distinct entity which provides medical, dental, educational and social assistance to current and retired employees of Ambev. As at 31 December 2021, the actuarial liabilities related to the benefits provided by the FAHZ are fully offset by an equivalent amount of assets existing in the fund. The net liability recognized in the balance sheet is nil. The employee benefit net liability amounts to 2 256 2 964 increases in the discount rates and favorable asset returns. The company’s net liability for post-employment and long-term employee benefit plans comprises the following as at 31 December 2021 and 2020: Million US dollar 2021 2020 Present value of funded obligations (6 791 ) (7 703 ) Fair value of plan assets 5 381 5 649 Present value of net obligations for funded plans (1 410 ) (2 054 ) Present value of unfunded obligations (687 ) (793 ) Present value of net obligations (2 097 ) (2 847 ) Unrecognized asset (32 ) (31 ) Net liability (2 129 ) (2 878 ) Other long term employee benefits (127 ) (86 ) Total employee benefits (2 256 ) (2 964 ) Employee benefits amounts in the balance sheet: Liabilities (2 261 ) (2 970 ) Assets 5 6 Net liability (2 256 ) (2 964 ) The changes in the present value of the defined benefit obligations are as follows: Million US dollar 2021 2020 2019 Defined benefit obligation at 1 January (8 496 ) (8 143 ) (7 568 ) Current service costs (80 ) (72 ) (67 ) Interest cost (212 ) (250 ) (326 ) Past service gain/(cost) (5 ) 16 (9 ) Settlements 176 153 109 Benefits paid 553 519 596 Contribution by plan participants (3 ) (2 ) (2 ) Actuarial gains/(losses) – demographic assumptions (41 ) 20 61 Actuarial gains/(losses) – financial assumptions 460 (690 ) (912 ) Experience adjustments 16 (12 ) 29 Exchange differences 154 (35 ) (86 ) Transfers and other movements — — 32 Defined benefit obligation at 31 December (7 478 ) (8 496 ) (8 143 ) As at the last valuation date, the present value of the defined benefit obligation was comprised of approximately 1.6 billion US dollar relating to active employees, 1.7 billion US dollar relating to deferred members and 4.2 billion US dollar relating to members in retirement. The changes in the fair value of plan assets are as follows: Million US dollar 2021 2020 2019 Fair value of plan assets at 1 January 5 649 5 442 5 059 Interest income 137 168 218 Administration costs (19 ) (19 ) (23 ) Return on plan assets exceeding interest income 197 332 579 Contributions by AB InBev 241 394 294 Contributions by plan participants 3 2 2 Benefits paid net of administration costs (553 ) (519 ) (596 ) Assets distributed on settlements (172 ) (146 ) (107 ) Exchange differences (102 ) (9 ) 46 Transfers and other movements — 4 (30 ) Fair value of plan assets at 31 December 5 381 5 649 5 442 Actual return on plans assets amounted to a gain of 334m US dollar in 2021 compared to a gain of 500m US dollar in 2020. The changes in the unrecognized asset are as follows: Million US dollar 2021 2020 2019 Irrecoverable surplus impact at 1 January (31 ) (74 ) (77 ) Interest expense (2 ) (4 ) (7 ) Changes excluding amounts included in interest expense 1 47 9 Irrecoverable surplus impact at 31 December (32 ) (31 ) (74 ) The expense recognized in the income statement with regard to defined benefit plans can be detailed as follows: Million US dollar 2021 2020 2019 Current service costs (80 ) (72 ) (67 ) Administration costs (19 ) (19 ) (23 ) Past service cost due to plan amendments, curtailments or settlements (2 ) 16 66 (Losses)/gains due to experience and demographic assumption changes 1 6 1 Profit from operations (100 ) (69 ) (23 ) Net finance cost (76 ) (87 ) (114 ) Total employee benefit expense (176 ) (156 ) (137 ) The employee benefit expense is included in the following line items of the income statement: Million US dollar 2021 2020 2019 Cost of sales (30 ) (28 ) (17 ) Distribution expenses (11 ) (9 ) (5 ) Sales and marketing expenses (24 ) (18 ) (4 ) Administrative expenses (34 ) (20 ) 3 Other operating (expense)/income (1 ) (1 ) — Exceptional items — 7 — Net finance cost (76 ) (87 ) (114 ) (176 ) (156 ) (137 ) Weighted average assumptions used in computing the benefit obligations of the company’s significant plans at the balance sheet date are as follows: 2021 Million US dollar United Canada Mexico Brazil United AB InBev Discount rate 2.8 % 2.9 % 8.0 % 8.7 % 1.9 % 3.2 % Price inflation 2.5 % 2.0 % 3.5 % 3.3 % 3.6 % 2.7 % Future salary increases — 1.0 % 4.5%-4.0 % 6.9%-5.0 % — 3.7 % Future pension increases — 2.0 % 3.5 % 3.3 % 3.2% 2.7 % Medical cost trend rate 5.3%-4.5 % 4.5 % — 6.9 % — 5.9%-5.7 % Life expectation for a 65-year 86 87 85 85 87 85 Life expectation for a 65-year 88 90 88 87 89 88 2020 Million US dollar United Canada Mexico Brazil United AB InBev Discount rate 2.5 % 2.4 % 6.3 % 6.9 % 1.4 % 2.6 % Price inflation 2.5 % 2.0 % 3.5 % 3.3 % 3.1 % 2.6 % Future salary increases — 1.0 % 4.3 % 6.9%-5.0 % — 3.7 % Future pension increases — 2.0 % 3.5 % 3.3 % 2.9 % 2.6 % Medical cost trend rate 5.5%-4.5 % 4.5 % — 6.9 % — 6.0%-5.7 % Life expectation for a 65-year 86 87 82 85 87 85 Life expectation for a 65-year 87 90 85 88 89 88 Through its defined benefit pension plans and post-employment medical plans, the company is exposed to a number of risks, the most significant are detailed below: INVESTMENT STRATEGY In case of funded plans, the company ensures that the investment positions are managed within an asset-liability matching (ALM) framework that has been developed to achieve long-term investments that are in line with the obligations under the pension schemes. Within this framework, the company’s ALM objective is to match assets to the pension obligations by investing in long-term fixed interest securities with maturities that match the benefit payments as they fall due and in the appropriate currency. The company actively monitors how the duration and the expected yield of the investments are matching the expected cash outflows arising from the pension obligation. ASSET VOLATILITY In general, the company’s funded plans are invested in a combination of equities and bonds, generating high but volatile returns from equities and at the same time stable and liability-matching returns from bonds. As the plans mature, the company usually reduces the level of investment risk by investing more in assets that better match the liabilities. Since 2015, the company started the implementation of a pension de-risking CHANGES IN BOND YIELDS A decrease in corporate bond yields will increase plan liabilities, although this will be partially offset by an increase in the value of the plans’ bond holdings. INFLATION RISK Some of the company’s pension obligations, mainly in the UK, are linked to inflation, and higher inflation will lead to higher liabilities. The majority of the plan’s assets are either unaffected by or loosely correlated with inflation, meaning that an increase in inflation could potentially increase the company’s net benefit obligation. LIFE EXPECTANCY The majority of the plans’ obligations are to provide benefits for the life of the member, so increases in life expectancy will result in an increase in the plans’ liabilities. The weighted average duration of the defined benefit obligation in 2021 is 13.7 years (2020: 13.9 years). The sensitivity of the defined benefit obligation to changes in the weighted principal assumptions is: 2021 Million US dollar Change in Increase in Decrease in Discount rate 0.5 % (482 ) 533 Price inflation 0.5 % 175 (183 ) Future salary increases 0.5 % 26 (25 ) Medical cost trend rate 1 % 30 (26 ) Longevity One year 256 (255 ) The above are purely hypothetical changes in individual assumptions holding all other assumptions constant: economic conditions and changes therein will often affect multiple assumptions at the same time and the effects of changes in key assumptions are not linear. Sensitivities are reasonably possible changes in assumptions, and they are calculated using the same approach as was used to determine the defined benefit obligation. Therefore, the above information is not necessarily a reasonable representation of future results. The fair value of plan assets at 31 December consists of the following: 2021 2020 Million US dollar Quoted Unquoted Total Quoted Unquoted Total Government bonds 34 % — 34 % 33 % — 33 % Corporate bonds 34 % — 34 % 34 % — 34 % Equity instruments 24 % — 24 % 25 % — 25 % Property — 4 % 4 % — 3 % 3 % Insurance contracts and others 2 % 2 % 4 % 3 % 2 % 5 % 94 % 6 % 100 % 95 % 5 % 100 % AB InBev exp e

Share-based payments

Share-based payments	12 Months Ended
	Dec. 31, 2021
Text block [abstract]
Share-based payments	25. Share-based payments Different share and share option programs allow company senior management and members of the board of directors to receive or acquire shares of AB InBev, Ambev or Budweiser APAC. AB InBev has three primary share-based compensation plans, the share-based compensation plan (“Share-Based Compensation Plan”), the long-term restricted stock unit plan for directors (“Restricted Stock Units Plan for Directors), and the long-term incentive plan for executives (“LTI Plan Executives”). For all option plans, the fair value of share-based payment compensation is estimated at grant date, using a binomial Hull model, modified to reflect the IFRS 2 Share-based Payment Share-based payment transactions resulted in a total expense of 510m US dollar for 2021, of which 72m US dollar were reported in exceptional items representing the IFRS 2 cost related to the Zenzele Kabili scheme. For more details, refer to Note 22 Changes in equity and earnings per share COVID-19 AB INBEV SHARE-BASED COMPENSATION PROGRAMS Share-Based Compensation Plan for Executives Under this plan, members of the Executive Committee and other senior employees receive their bonus in cash but have the choice to invest some or all of the value of their bonus in AB InBev shares, referred to as bonus shares. Half of the bonus shares will be subject to a lock-up lock-up During 2021, AB InBev issued 0.2m matching restricted stock units in relation to bonuses granted to company employees and management (2020: 0.2m matching restricted stock units). These matching restricted stock units represent a fair value of approximately 9m US dollar (2020: 9m US dollar). Restricted Stock Units Plan for Directors Since the annual shareholder meeting of 24 April 2019, the share-based portion of the remuneration of the directors of the company has been granted in the form of restricted stock units and will no longer be granted in the form of stock options as was previously the case. Such restricted stock units vest after 5 years and, upon vesting, entitle their holders to one AB InBev share per restricted stock unit. During 2021, 0.1m restricted stock units with an estimated fair value of 4mUS dollar were granted to directors (2020: 0.1m with an estimated fair value of approximately 4m US dollar). Annual and Exceptional LTI Plans for Executives As from 1 July 2009, s e During 2021, no LTI stock options were granted to Executives (2020: 38.1m LTI stock options were granted with an estimated fair value of 287m US dollar, out of which, 3.6m stock options were granted to members of the Executive Committee). As from 1 December 2020, under a sub-plan Recurring LTI Restricted Stock Units Plans for Executives AB InBev has specific recurring long-term Restricted Stock Units incentive programs in place, including • A program allowing for the offer of restricted stock units to certain members of senior management in certain specific circumstances, e.g., as a special retention incentive or to compensate for assignments of expatriates in countries with difficult living conditions. The restricted stock units vest after five years and in the event that an employee’s service is terminated before the vesting date, special forfeiture rules apply. During 2021, no discretionary restricted stock units were granted. (2020: 7m discretionary restricted stock units with an estimated fair value of 307m US dollar of which 0.8m restricted stock units were granted to members of the Executive Committee). • A program allowing for certain employees to purchase company shares at a discount and that is aimed at providing a long-term retention incentive for (i) high-potential employees of the company, who are at a mid-manager 7 • A series of sub-plans sub-plans sub-plans 7 Performance related incentive plan for ZX Ventures In 2016, the company implemented a new performance related incentive plan which substitutes the long-term incentive stock option plan for executives of ZX Ventures. ZX Ventures is our global growth and innovation group whose mandate is to invest in, incubate and develop new products and businesses that address emerging consumer needs. During 2021, 1m performance units were granted to senior management of ZX Ventures (2020: 1.2m performance units). The value of the performance units will depend on the return of ZX Ventures. These units vest after 5 years provided that a performance test is met. Specific forfeiture rules apply in the event that the executive leaves the company. Other programs In order to maintain the consistency of benefits granted to executives and to encourage the international mobility of executives, an option exchange program can be executed whereby unvested options are exchanged for restricted shares that remain locked-up locked-up The Board has also approved the early release of vesting conditions of unvested stock options or restricted stock units that are vesting within 6 months of the executives’ relocation. The shares that result from the early exercise of the options or the early vesting of the restricted stock units must remain blocked until the end of the initial vesting period. In 2021, no restricted stock units were accelerated under this program for members of the senior management (2020: 0.1m restricted stock units). The weighted average fair value of the options and assumptions used in applying the AB InBev option pricing model for the 2020 grants of awards described above are as follows. No stock options were granted in 2021. Amounts in US dollar unless otherwise indicated 2020 2019 Fair value of options granted 7.54 11.79 Share price 46.35 78.46 Exercise price 46.35 78.46 Expected volatility 25 % 23 % Expected dividends 3.00 % 3.00 % Risk-free interest rate -0.32 % 0.43 % Expected volatility is based on historical volatility calculated over a 10-year The total number of outstanding AB InBev options developed as follows: Million options 2021 2020 2019 Options outstanding at 1 January 113.3 88.7 92.6 Options issued during the year — 38.1 13.8 Options exercised during the year (1.3 ) (3.9 ) (10.7 ) Options forfeited during the year (9.2 ) (9.0 ) (7.0 ) Options outstanding at the end of December 102.7 113.3 88.7 The range of exercise prices of the outstanding options is between 10.32 euro (11.69 US dollar) 1 and 121.95 euro (138.12 US dollar) while the weighted average remaining contractual life is 6.50 years. Out of the 102.7m outstanding options, 24.3m are vested at 31 December 2021. The weighted average exercise price of the AB InBev options is as follows: Amounts in US dollar 2021 2020 2019 Options outstanding at 1 January 71.22 79.66 94.74 Granted during the year — 53.41 83.33 Exercised during the year 46.30 29.92 29.27 Forfeited during the year 89.56 117.82 108.44 Outstanding at the end of December 64.77 71.22 79.66 Exercisable at the end of December 98.27 99.54 65.33 For share options exercised during 2021, the weighted average share price at the date of exercise was 53.47 euro (60.56 US dollar)¹. The total number of outstanding AB InBev restricted stock units developed as follows: Million restricted stock units 2021 2020 2019 Restricted stock units outstanding at 1 January 19.1 9.9 6.0 Restricted stock units issued during the year 3.9 10.9 5.5 Restricted stock units vested during the year (1.1 ) (0.7 ) (1.0 ) Restricted stock units forfeited during the year (1.1 ) (0.9 ) (0.7 ) Restricted stock units outstanding at the end of December 20.9 19.1 9.9 AMBEV SHARE-BASED COMPENSATION PROGRAMS Since 2005, Ambev has had in place a plan which is substantially similar to the Share-based compensation plan under which bonuses granted to company employees and management are partially settled in shares. Under the Share-based compensation plan, Ambev issued 0.1m deferred stock units with an estimated fair value of less than 1m US dollar in 2021 (2020: 0.2m deferred stock units with an estimated fair value of 1m US dollar). Since 2018, Ambev has had in place a plan which is substantially similar to the Share-based compensation plan under which bonuses granted to company employees and management are partially settled in shares. Under the 2018 Share-based compensation plan, Ambev issued 20.6m restricted stock units in 2021 with an estimated fair value of 61m US dollar (2020: 21.1m restricted stock units with an estimated fair value of 61m US dollar). As of 2010, senior employees are eligible for an annual long-term incentive to be paid out in Ambev LTI stock options (or, in the future, similar share-based instruments), depending on management’s assessment of the employee’s performance and future potential. In 2021, Ambev did not grant any LTI stock options (2020: 22 thousand LTI stock options with an estimated fair value of less than 1 1 Amounts have been converted to US dollar at the closing rate of the respective period. The weighted average fair value of the options and assumptions used in applying the option pricing model for the 2020 grants of awards described above are as follows. No stock options were granted in 2021. Amounts in US dollar unless otherwise indicated 1 2020 2019 Fair value of options granted 0.78 1.12 Share price 3.47 4.38 Exercise price 3.47 4.38 Expected volatility 22 % 24 % Expected dividends 0.00% - 5.00 % 0.00% - 5.00 % Risk-free interest rate 6.80 % 7.80 % The total number of outstanding Ambev options dev e Million options 2021 2020 2019 Options outstanding at 1 January 127.3 141.8 141.3 Options issued during the year — — 24.6 Options exercised during the year (5.2 ) (5.7 ) (7.8 ) Options forfeited during the year (8.3 ) (8.8 ) (16.3 ) Options outstanding at the end of December 113.8 127.3 141.8 The range of exercise prices of the outstanding options is between 15.95 Brazilian real (2.86 US dollar) and 45.97 Brazilian real (8.24 US dollar) while the weighted average remaining contractual life is 6.7 years. Of the 113.8m outstanding options 59.3m options are vested at 31 December 2021. The weighted average exercise price of the Ambev options is as follows: Amounts in US dollar 1 2021 2020 2019 Options outstanding at 1 January 3.81 4.60 4.17 Granted during the year — 3.47 4.48 Exercised during the year 2.36 1.60 2.25 Forfeited during the year 4.53 4.42 5.27 Outstanding at the end of December 3.57 3.81 4.60 Exercisable at the end of December 3.79 4.56 4.74 For share options exercised during 2021, the weighted average share price at the date of exercise was 17.87 Brazilian real (3.2 US dollar). The total number of outstanding Ambev deferred and restricted stock units developed as follows: Million restricted stock units 2021 2020 2019 Restricted stock units outstanding at 1 January 49.6 31.7 25.0 Restricted stock units issued during the year 20.7 21.3 12.0 Restricted stock units vested during the year (5.0 ) (1.9 ) (4.2 ) Restricted stock units forfeited during the year (1.5 ) (1.5 ) (1.1 ) Restricted stock units outstanding at the end of December 63.8 49.6 31.7 Additionally, as a means of creating a long-term incentive (wealth incentive) for certain senior employees and members of management considered as having “high potential”, share appreciation rights in the form of phantom stocks have been granted to those employees, pursuant to which the beneficiary shall receive two separate lots – Lot A and Lot B – subject to lockup periods of five During 2021, a limited number of Ambev shareholders who are part of the senior management of AB InBev were given the opportunity to exchange Ambev shares against a total of 3 thousand AB InBev shares (2020: 0.1m AB InBev shares) at a discount of 16.66% provided that they stay in service for another five years. The fair value of this transaction amounts to less than 1m US dollar (2020: 1m US dollar) and is expensed over the five years’ service period. The fair values of the Ambev and AB InBev shares were determined based on the market price. BUDWEISER APAC SHARE-BASED COMPENSATION PROGRAM LTI Stock Option Plans for Executives In December 2019, Budweiser APAC set up a long-term incentive plan in which certain employees are eligible for an annual grant to be paid out in Budweiser APAC stock options (or, in the future, similar share-based instruments), depending on management’s assessment of the employee’s performance and future potential. In 2021, no stock options were granted (2020: 69.7m LTI stock options with an estimated fair value of 52m US dollar). Discretionary Restricted Stock Units Plan In December 2019, Budweiser APAC set up a discretionary restricted stock units plan which allows for the offer of restricted stock units to certain employees in certain specific circumstances, at the discretion of the Board, e.g., as a special retention incentive. The restricted stock units vest after three to five years and in the event that an employee’s service is terminated before the vesting date, special forfeiture rules apply. In 2021, no restricted stock units were granted under this program (2020: 29.7m restricted stock units with an estimated fair value of 84m US dollar). 1 Amounts have been converted to US dollar at the closing rate of the respective period. Share-Based Compensation Plan In March 2020, Budweiser APAC set up a program allowing for certain employees to invest some or all of their variable compensation in Budweiser APAC shares (Voluntary Shares). As an additional reward, employees who invest in Voluntary Shares also receive a company shares match of three matching shares for each Voluntary Share invested up to a limited total percentage of each employee’s variable compensation. In 2021, Budweiser APAC issued 0.1m matching restricted stock units in relation to bonuses granted to Budweiser APAC employees with an estimated fair value of less than 1m US dollar (2020: 0.2m matching restricted stock units with a fair value of approximately 1m US dollar). New Restricted Stock Units Plan In November 2020, Budweiser APAC set up a new restricted stock units plan which allows for the offer of restricted stock units to certain eligible employees in certain specific circumstances, at the discretion of the Board, e.g., as a long-term incentive. The vesting period of the restricted stock units is in principle five years without a performance test and in the event of termination of service before the vesting date, forfeiture rules apply. The Board may set shorter or longer periods for specific grants or introduce performance tests similar to other programs in the company. During 2021, 10m restricted stock units with an estimated fair value of 26m US dollar were granted under this program to a selected number of employees (2020: 6.8m restricted stock units with an estimated fair value of 23m US dollar). People Bet Plan In March 2020, Budweiser APAC set up a program allowing for certain employees to purchase Budweiser APAC shares at a discount which is aimed at providing a long-term retention incentive for high-potential employees of the company, who are at a mid-manager

Provisions

Provisions	12 Months Ended
	Dec. 31, 2021
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Provisions	26. Provisions Million US dollar Restructuring Disputes Other Total Balance at 1 January 2021 104 489 170 763 Effect of movements in foreign exchange (2 ) (20 ) (4 ) (25 ) Provisions made 63 132 9 203 Provisions used (73 ) (129 ) (11 ) (213 ) Provisions reversed (13 ) (35 ) (1 ) (48 ) Other movements 1 (18 ) (58 ) (75 ) Balance at 31 December 2021 80 420 106 605 Million US dollar Restructuring Disputes Other Total Balance at 1 January 2020 103 436 372 911 Effect of movements in foreign exchange 8 (40 ) (24 ) (56 ) Provisions made 55 102 107 264 Provisions used (54 ) (80 ) (91 ) (225 ) Provisions reversed (7 ) (24 ) (1 ) (32 ) Other movements (1 ) 95 (193 ) (99 ) Balance at 31 December 2020 104 489 170 763 The restructuring provisions are primarily explain e Exceptional items The provisions are expected to be settled within the following time windows: Million US dollar Total < 1 year 1-2 years 2-5 years > 5 years Restructuring 80 36 11 14 19 Indirect taxes 90 10 27 2 51 Labor 114 14 55 36 10 Commercial 55 16 27 9 3 Environmental 5 5 — — — Excise duties 16 — 11 5 — Other disputes 140 39 70 13 18 Disputes 420 82 190 65 83 Other provisions 106 49 35 21 0 Total provisions 605 168 235 100 102 AB InBev is subject to the greenhouse gas emission allowance trading scheme in force in the European Union and a similar scheme in South Korea. Acquired emission allowances are recognized at cost as intangible assets. To the extent that it is expected that the number of allowances needed to settle the CO 2

Trade and other payables

Trade and other payables	12 Months Ended
	Dec. 31, 2021
Text block [abstract]
Trade and other payables	27. Trade and other payables Million US dollar 31 December 2021 31 December 2020 Indirect taxes payable 194 252 Trade payables 51 98 Deferred consideration on acquisitions 662 1 082 Other payables 100 90 Non-current 1 008 1 522 Trade payables and accrued expenses 17 810 15 898 Payroll and social security payables 1 716 800 Indirect taxes payable 2 457 2 629 Interest payable 1 501 1 625 Consigned packaging 1 050 1 010 Dividends payable 355 427 Deferred income 51 27 Deferred consideration on acquisitions 191 301 Other payables 302 249 Current trade and other payables 25 434 22 965 As at 31 December 2021, deferred consideration on acquisitions is mainly comprised of 0.6 billion US dollar for the put option included in the 2012 shareholders’ agreement between Ambev and ELJ, which may result in Ambev acquiring additional shares in Cervecería Nacional Dominicana S.A. (“CND”) (31 December 2020: 0.7 billion US dollar). The terms of the shareholders’ agreement were amended as described in Note 28 Risk arising from financial instruments

Risks arising from financial in

Risks arising from financial instruments	12 Months Ended
	Dec. 31, 2021
Text block [abstract]
Risks arising from financial instruments	28. Risks arising from financial instruments FINANCIAL ASSETS AND FINANCIAL LIABILITIES Set out below is an overvi e 1 and liabilities held by the company as at the dates indicated: 31 December 2021 31 December 2020 At fair At fair value At fair value At fair At through value At through value amortized profit or through amortized profit or through Million US dollar cost loss OCI Total cost loss OCI Total Trade and other receivables 4 607 — — 4 607 4 493 — — 4 493 Unquoted debt (debt instruments) 22 — — 22 22 — — 22 Quoted debt (debt instruments) — 374 — 374 — 396 — 396 Unquoted companies (equity instruments) — — 139 139 — — 115 115 Derivatives not designated in hedge accounting relationships: Equity swaps — — — — — 27 — 27 Interest rate swaps — 20 — 20 — 45 — 45 Cross currency interest rate swaps — 52 — 52 — 7 — 7 Derivatives designated in hedge accounting relationships: Foreign exchange forward contracts — — 238 238 — — 480 480 Foreign currency futures — — — — — — 36 36 Interest rate swaps — — 17 17 — — 35 35 Cross currency interest rate swaps — — 60 60 — — 100 100 Commodities — — 282 282 — — 235 235 Financial assets 4 629 446 736 5 811 4 515 475 1 001 5 991 Non-current 526 73 115 714 588 79 174 841 Current 4 103 373 621 5 097 3 927 396 827 5 150 Trade and other payables 22 074 — — 22 074 20 807 — — 20 807 Interest-bearing loans and borrowings: Secured bank loans 628 — — 628 702 — — 702 Unsecured bank loans 106 — — 106 294 — — 294 Unsecured bond issues 85 726 — — 85 726 93 725 — — 93 725 Unsecured other loans 40 — — 40 83 — — 83 Commercial paper — — — — 1 522 — — 1 522 Bank overdrafts 53 — — 53 5 — — 5 Lease liabilities 2 277 — — 2 277 2 234 — — 2 234 Derivatives not designated in hedge accounting relationships: Equity swaps — 5 412 — 5 412 — 5 353 — 5 353 Cross currency interest rate swaps — 172 — 172 — 446 — 446 Foreign exchange forward contracts — 26 — 26 — 321 — 321 Derivatives designated in hedge accounting relationships: Foreign exchange forward contracts — — 103 103 — — 370 370 Foreign currency futures — — 37 37 — — 5 5 Cross currency interest rate swaps — — 98 98 — — 264 264 Commodities — — 35 35 — — 26 26 Equity swaps — — — — — — 21 21 Interest rate swaps — — 3 3 — — — — Financial liabilities 110 904 5 610 276 116 790 119 372 6 120 686 126 178 Non-current 88 182 100 — 88 282 96 748 1 758 — 98 506 Current 22 722 5 510 276 28 508 22 624 4 362 686 27 672 1 Cash and short-term deposits are not included in this overview. DERIVATIVES AB InBev’s activities expose it to a variety of financial risks: market risk (including currency risk, fair value interest rate risk, cash flow interest risk, commodity risk and equity risk), credit risk and liquidity risk. The company analyses each of these risks individually as well as on a combined basis and defines strategies to manage the economic impact on the company’s performance in line with its financial risk management policy. AB InBev primarily uses the following derivative instruments: foreign currency rate agreements, exchange traded foreign currency futures, interest rate swaps and forwards, cross currency interest rate swaps (“CCIRS”), commodity swaps, exchange traded commodity futures and equity swaps. The table below provides an overview of the notional amounts of derivatives outstanding as at the dates indicated by maturity bucket. 31 December 2021 31 December 2020 < 1 1-2 2-3 3-5 > 5 < 1 1-2 2-3 3-5 > 5 Million US dollar year years years years years year years years years years Foreign currency Forward exchange contracts 12 599 29 — — — 18 505 290 — — — Foreign currency futures 1 617 — — — — 2 218 — — — — Interest rate Interest rate swaps 1 500 1 000 — — — — 1 500 1 000 — — Cross currency interest rate swaps 4 614 1 400 1 173 1 573 1 453 513 5 658 1 400 1 866 789 Other interest rate derivatives — — — — — — — — — — Commodities Aluminum swaps 1 241 — — — — 1 184 — — — — Other commodity derivatives 1 034 — — — — 644 — — — Equity Equity derivatives 11 469 — — — — 10 234 2 326 — — — FOREIGN CURRENCY RISK AB InBev is subject to foreign currency risk when contracts are denominated in a currency other than the functional currency of the entity. This includes borrowings, investments, (forecasted) sales, (forecasted) purchases, royalties, dividends, licenses, management fees and interest expense/income. To manage foreign currency risk the company uses mainly foreign currency rate agreements, exchange traded foreign currency futures and cross currency interest rate swaps. FOREIGN EXCHANGE RISK ON OPERATING ACTIVITIES AB InBev’s policy is to hedge operating transactions which are reasonably expected to occur (e.g. cost of goods sold and selling, general & administrative expenses) within the forecast period determined in the financial risk management policy. Operating transactions that are considered certain to occur are hedged without any time limits. Non-operating The table below shows the company’s main net foreign currency positions for firm commitments and forecasted transactions for the most important currency pairs. The open positions are the result of the application of AB InBev’s risk management policy. Positive amounts indicate that the company is long (net future cash inflows) in the first currency of the currency pair while negative amounts indicate that the company is short (net future cash outflows) in the first currency of the currency pair. The second currency of the currency pairs listed is the functional currency of the related subsidiary. 31 December 2021 31 December 2020 Total Total Open Total Total Open Million US dollar exposure hedges position exposure hedges position Euro/Canadian dollar (6 ) 6 — (9 ) 9 — Euro/Mexican peso (112 ) 111 (1 ) (106 ) 102 (4 ) Euro/Pound sterling (124 ) 112 (12 ) (203 ) 130 (73 ) Euro/South African rand (79 ) 75 (4 ) (95 ) 65 (30 ) Euro/South Korean won (39 ) 36 (3 ) (40 ) 38 (2 ) Euro/US dollar (123 ) 100 (23 ) (354 ) 284 (70 ) Mexican peso/Euro (254 ) 231 (23 ) (249 ) 146 (103 ) Pound sterling/Euro (14 ) 22 8 (35 ) 36 1 US dollar/Argentinian peso (661 ) 674 13 (602 ) 543 (59 ) US dollar/Bolivian boliviano (80 ) 75 (5 ) (64 ) 56 (8 ) US dollar/Brazilian real (1 846 ) 1 618 (228 ) (1 573 ) 1 577 4 US dollar/Canadian dollar (304 ) 253 (51 ) (302 ) 194 (108 ) US dollar/Chilean peso (171 ) 162 (9 ) (151 ) 129 (22 ) US dollar/Chinese yuan (123 ) 116 (7 ) (171 ) 201 30 US dollar/Colombian peso (476 ) 434 (42 ) (359 ) 352 (7 ) US dollar/Euro (103 ) 96 (7 ) (98 ) 96 (2 ) US dollar/Mexican peso (1 236 ) 1 168 (68 ) (1 032 ) 995 (37 ) US dollar/Paraguayan guarani (153 ) 139 (14 ) (132 ) 125 (7 ) US dollar/Peruvian nuevo sol (292 ) 278 (14 ) (225 ) 168 (57 ) US dollar/South African rand (196 ) 148 (48 ) (130 ) 116 (14 ) US dollar/South Korean won (114 ) 79 (35 ) (71 ) 70 (1 ) US dollar/Uruguayan peso (42 ) 42 — (40 ) 39 (1 ) Others (323 ) 207 (116 ) (260 ) 131 (129 ) Further analysis on the impact of open currency exposures is performed in the currency sensitivity analysis below. Hedges of firm commitm e Foreign exchange risk on foreign currency denominated debt It is AB InBev’s policy to have the debt in the subsidiaries as much as possible linked to the functional currency of the subsidiary. To the extent this is not the case, foreign exchange risk is managed using derivatives unless the cost to hedge outweighs the benefits. Interest rate decisions and currency mix of debt and cash are decided on a global basis and take into consideration the holistic risk management approach. A description of the foreign currency risk hedging of debt instruments issued in a currency other than the functional currency of the subsidiary is further detailed in the Interest Rate Risk Currency sensitivity analysis Currency transactional risk Most of AB InBev’s non-derivative 2021 Closing rate Possible Volatility 31 December 2021 closing rate 1 of rates in % Euro/Mexican peso 23.31 21.04 - 25.59 9.75 % Euro/Pound sterling 0.84 0.80 - 0.88 5.15 % Euro/South Korean won 1 345.90 1 273.31 - 1 418.48 5.39 % Euro/US dollar 1.13 1.07 - 1.20 5.58 % Pound sterling/US dollar 1.35 1.26 - 1.43 6.36 % US dollar/Argentinian peso 102.75 99.72 - 105.78 2.95 % US dollar/Brazilian real 5.58 4.68 - 6.48 16.07 % US dollar/Canadian dollar 1.27 1.19 - 1.35 6.54 % US dollar/Chinese yuan 6.35 6.06 - 6.64 4.55 % US dollar/Colombian peso 3 977.14 3 568.65 - 4 385.62 10.27 % US dollar/Euro 0.88 0.83 - 0.93 5.58 % US dollar/Mexican peso 20.58 18.38 - 22.79 10.71 % US dollar/Nigerian naira 424.89 379.56 - 470.22 10.67 % US dollar/Peruvian nuevo sol 3.98 3.60 - 4.35 9.53 % US dollar/South African rand 15.95 13.74 - 18.15 13.82 % US dollar/South Korean won 1 188.32 1 092.29 - 1 284.36 8.08 % US dollar/Tanzanian shilling 2 305.28 2 236.69 - 2 373.88 2.98 % US dollar/Zambian kwacha 16.67 13.41 - 19.93 19.58 % 2020 Closing rate Possible Volatility 31 December 2020 closing rate 2 of rates in % Euro/Mexican peso 24.48 19.38 - 29.58 20.83 % Euro/Pound sterling 0.90 0.82 - 0.98 9.09 % Euro/South Korean won 1 335.11 1 218.41 - 1 451.81 8.74 % Euro/US dollar 1.23 1.13 - 1.32 7.75 % Pound sterling/US dollar 1.36 1.22 - 1.51 10.79 % US dollar/Argentinian peso 84.14 74.55 - 93.73 11.40 % US dollar/Brazilian real 5.20 4.13 - 6.26 20.51 % US dollar/Canadian dollar 1.27 1.17 - 1.38 8.25 % US dollar/Chinese yuan 6.54 6.25 - 6.82 4.34 % US dollar/Colombian peso 3 438.52 2 908.55 - 3 968.50 15.41 % US dollar/Euro 0.81 0.75 - 0.88 7.75 % US dollar/Mexican peso 19.95 16.19 - 23.71 18.83 % US dollar/Nigerian naira 397.72 345.23 - 450.21 13.20 % US dollar/Peruvian nuevo sol 3.62 3.37 - 3.87 6.95 % US dollar/South African rand 14.69 12.19 - 17.18 16.99 % US dollar/South Korean won 1 088.02 1 000.21 - 1 175.84 8.07 % US dollar/Tanzanian shilling 2 321.74 2 205.30 - 2 438.18 5.02 % US dollar/Zambian kwacha 21.16 18.44 - 23.89 12.89 % In case the open positions in Brazilian real, Mexican Peso, Canadian dollar and South African rand as of 31 December 2021 remain unchanged, considering the volatility mentioned above and all other variables held constant, these currencies could lead to an increase/decrease on the consolidated profit before tax from continuing operations of approximately 54m US dollar over the next 12 months (31 December 2020: 30m US dollar considering the open positions in Mexican peso, Canadian dollar, Argentinean peso and Pound sterling; 31 December 2019: 22m US dollar). Additionally, the AB InBev sensitivity analysis 1 to the foreign exchange rates on its total derivatives positions as of 31 December 2021, shows a positive/negative pre-tax 1 Sensitivity analysis is assessed based on the yearly volatility using daily observable market data during 250 days at 31 December 2021 2 Sensitivity analysis is assessed based on the yearly volatility using daily observable market data during 250 days at 31 December 2020. Foreign exchange risk on net investments in foreign operations AB InBev mitigates exposures of its investments in foreign operations using both derivative and non-derivative As of 31 December 2021, designated derivative and non-derivative Net foreign exchange results Foreign exchange results recognized on unhedged and hedged exposures are as follows: Million US dollar 2021 2020 2019 Economic hedges 717 (181 ) 6 Other results - not hedged (801 ) 195 (186 ) (84 ) 14 (180 ) INTEREST RATE RISK The company applies a dynamic interest rate hedging approach whereby the target mix between fixed and floating rate debt is reviewed periodically. The purpose of AB InBev’s policy is to achieve an optimal balance between the cost of funding and the volatility of financial results, while taking into account market conditions as well as AB InBev’s overall business strategy. Fair value hedges US dollar fixed rate bond hedges (interest rate risk on borrowings in US dollar) The company manages and reduc e Cash flow hedges Pound sterling bond hedges (foreign currency risk and interest rate risk on borrowings in pound sterling) In September 2013, the company issued a pound sterling bond for 500m pound sterling at a rate of 4.00% per year and maturing in September 2025. The impact of changes in the pound sterling exchange rate and interest rate on this bond is managed and reduced through pound sterling fixed/euro fixed cross currency interest rate swaps. These derivative instruments have been designated in a cash flow hedge accounting. US dollar bank loan hedges (foreign currency risk on borrowings against the Nigerian naira) The company has a floating rate loan denominated in US dollar for a total of 268m in Nigeria. This loan is held by an entity with functional currency in Nigerian Naira. In order to hedge against fluctuations in foreign exchange rates, the company entered into foreign exchange futures which have been designated in cash flow hedge relationship. Economic Hedges Marketable debt security hedges (interest rate risk on Brazilian real) During 2021, 2020 and 2019, Ambev invested in highly liquid Brazilian real denominated government debt securities. Interest rate sensitivity analysis The table below reflects the effective interest rates of interest-bearing financial liabilities at balance sheet date as well as the currency in which the debt is denominated. 31 December 2021 Before hedging After hedging Interest-bearing financial liabilities Effective Effective Million US dollar interest rate Amount interest rate Amount Floating rate Australian dollar 1.03 % 218 — — Canadian dollar — — 1.21 % 2 043 Euro — 1 113 — 1 113 Pound sterling — — 1.05 % 1 002 South Korean won — — 1.67 % 502 US dollar 1.67 % 463 — — Other 7.22 % 516 5.99 % 1 504 2 310 6 164 Fixed rate Australian dollar 4.12 % 324 — — Brazilian real 7.21 % 420 7.21 % 420 Canadian dollar 4.11 % 626 4.29 % 3 158 Euro 2.27 % 21 654 2.11 % 27 553 Pound sterling 4.35 % 3 611 4.43 % 2 937 South Korean won 3.85 % 32 0.87 % 1 695 US dollar 4.93 % 59 399 5.41 % 46 288 Other 11.42 % 454 8.80 % 615 86 520 82 666 31 December 2020 Before hedging After hedging Interest-bearing financial liabilities Effective Effective Million US dollar interest rate Amount interest rate Amount Floating rate Australian dollar 0.99 % 231 — — Brazilian real 3.90 % 164 3.90 % 164 Canadian dollar — — 1.23 % 1 895 Euro 0.15 % 2 690 0.15 % 2 690 Pound sterling — — 1.10 % 937 US dollar 1.05 % 617 1.13 % 201 Other 7.30 % 260 7.90 % 573 3 962 6 461 Fixed rate Australian dollar 3.91 % 846 — — Brazilian real 8.58 % 578 8.58 % 578 Canadian dollar 4.12 % 613 4.29 % 2 646 Euro 2.12 % 26 092 2.15 % 35 515 Pound sterling 4.30 % 3 655 4.36 % 2 973 South Korean won — — 1.30 % 1 997 US dollar 4.91 % 62 340 5.30 % 47 892 Other 11.96 % 479 11.72 % 502 94 602 92 103 As at 31 December 2021, the total carrying amount of the floating and fixed rate interest-bearing financial liabilities before hedging as listed above includes bank overdrafts of 53m US dollar (31 December 2020: 5m US dollar). As disclosed in the above table, 6 164m US dollar or 6.9% of the company’s interest-bearing financial liabilities bears interest at a variable rate. The company estimated that the reasonably possible change of the market interest rates applicable to its floating rate debt after hedging is as follows: 2021 Interest rate Possible Volatility 31 December 2021 1 interest rate 2 of rates in % Brazilian real 8.88 % 7.85% - 9.91 % 11.58 % Euro — — 10.64 % US dollar 0.21 % 0.11% - 0.31 % 48.10 % 2020 Interest rate Possible Volatility 31 December 2020 1 interest rate 2 of rates in % Brazilian real 2.09 % 1.74% - 2.44 % 16.77 % Euro — — 16.83 % US dollar 0.24 % 0.10% - 0.38 % 58.30 % When AB InBev applies the reasonably possible increase/decrease in the market interest rates mentioned above on its floating rate debt at 31 December 2021, with all other variables held constant, 2021 interest expense would have been 8m US dollar higher/lower (31 December 2020: 3m US dollar; 31 December 2019: 16m US dollar). This effect would be more than offset by 44m US dollar higher/lower interest income on AB InBev’s interest-bearing Interest expense Interest expense recognized on unhedged and hedged financial liabilities are as follows: Million US dollar 2021 2020 2019 Financial liabilities measured at amortized cost – not hedged (3 836 ) (4 154 ) (4 264 ) Fair value hedges (6 ) (1 ) (46 ) Cash flow hedges 17 19 15 Net investment hedges - hedging instruments (interest component) — 2 2 Economic hedges 141 118 124 (3 684 ) (4 016 ) (4 168 ) COMMODITY PRICE RISK The commodity markets have experienced and are expected to continue to experience price fluctuations. AB InBev therefore uses both fixed price purchasing contracts and commodity derivatives to manage the exposure to the price volatility. The most significant commodity exposures as at 31 December 2021 and 31 December 2020 are included in the table below (expressed in outstanding notional amounts): Million US dollar 31 December 2021 31 December 2020 Aluminum swaps 1 241 1 184 Exchange traded sugar futures 85 74 Natural gas and energy derivatives 350 202 Corn swaps 292 160 Exchange traded wheat futures 129 83 Rice swaps 85 76 Plastic derivatives 93 50 2 274 1 828 Commodity price sensitivity analysis The impact of changes in the commodity prices would not have had a material impact on AB InBev’s profit in 2021 as most of the company’s exposure is hedged using derivative contracts and designated in hedge accounting in accordance with IFRS 9 rules. 1 Applicable 3-month InterBank Offered Rates as of 3 1 2 Sensitivity analysis is assessed based on the yearly volatility using daily observable market data during 250 days at 3 1 The tables below show the estimated impact that changes in the price of the commodities, for which AB InBev held material derivative exposures as at 31 December 2021 and 31 December 2020, would have on the equity reserves. 2021 Pre-tax Million US dollar Volatility of prices in % 1 Prices increase Prices decrease Aluminum 23.09 % 287 (287 ) Sugar 26.39 % 22 (22 ) Energy 25.88 % 91 (91 ) Corn 23.26 % 68 (68 ) Wheat 29.24 % 38 (38 ) Rice 15.96 % 14 (14 ) Plastic 28.68 % 27 (27 ) 2020 Pre-tax Million US dollar Volatility of prices in % 2 Prices increase Prices decrease Aluminum 14.96 % 177 (177 ) Sugar 31.48 % 23 (23 ) Energy 47.08 % 95 (95 ) Corn 32.84 % 52 (52 ) Wheat 25.30 % 21 (21 ) Rice 46.17 % 35 (35 ) Plastic 26.74 % 13 (13 ) EQUITY PRICE RISK AB InB e Share-based Payments. Finance cost and income As at 31 December 2021, an exposure for an equivalent of 100.5m of AB InBev shares was hedged, resulting in a total loss of (48)m US dollar recognized in the profit or loss account for the period, of which (23)m US dollar related to the company’s share-based payment programs, (13)m US dollar and (12)m US dollar related to the Modelo and SAB transactions respectively. As at 31 December 2021 liabilities for equity swap derivatives amounted to 5.4 5.4 Equity price sensitivity analysis The sensitivity analysis on the equity swap derivatives, calculated based on a 26.51% (2020: 53.87%; 2019: 25.20%) reasonably possible volatility of the AB InBev share price, with all the other variables held constant, would show 1 604m US dollar positive/negative impact on the 2021 profit before tax (31 December 2020: 3 787m US dollar; 31 December 2019: 2 066m US dollar). CREDIT RISK Credit risk encompasses all forms of counterparty exposure, i.e. where counterparties may default on their obligations to AB InBev in relation to lending, hedging, settlement and other financial activities. The company has a credit policy in place and the exposure to counterparty credit risk is monitored. AB InBev mitigates its exposure through a variety of mechanisms. It has established minimum counterparty credit ratings and enters into transactions only with financial institutions of investment grade rating. The company monitors counterparty credit exposures closely and reviews any external downgrade in credit rating immediately. To mitigate pre-settlement The company also has master netting agreements with all of the financial institutions that are counterparties to over the counter (OTC) derivatives. These agreements allow for the net settlement of assets and liabilities arising from different transactions with the same counterparty. Based on these factors, AB InBev considers the impact of the risk of counterparty default as at 31 December 2021 to be limited. The impairment loss recognized in 2020 included AB InBev’s estimate of overdue receivables the company would not be able to collect from defaulting customers as a result of the COVID-19 1 Sensitivity analysis is assessed based on the yearly volatility using daily observable market data during 250 days at 31 December 2021. 2 Sensitivity analysis is assessed based on the yearly volatility using daily observable market data during 250 days at 31 December 2020. Exposure to credit risk The carrying am o 31 December 2021 31 December 2020 Million US dollar Gross Impairment Net carrying Gross Impairment Net carrying Investment in unquoted companies 145 (6 ) 139 121 (6 ) 115 Investment in debt securities 396 — 396 418 — 418 Trade receivables 3 796 (331 ) 3 465 3 593 (308 ) 3 285 Cash deposits for guarantees 168 — 168 184 — 184 Loans to customers 117 — 117 142 — 142 Other receivables 1 272 (65 ) 1 207 1 299 (62 ) 1 237 Derivatives 669 — 669 965 — 965 Cash and cash equivalents 12 097 — 12 097 15 252 — 15 252 18 660 (402 ) 18 258 21 974 (376 ) 21 598 There was no significant concentration of credit risks with any single counterparty as of 31 December 2021 and no single customer represented more than 10% of the total revenue of the group in 2021. Impairment losses The allowance for impairment recognized during the period per classes of financial assets was as follows: 2021 Million US dollar Trade receivables FVOCI Other receivables Total Balance at 1 January (308 ) (6 ) (62 ) (376 ) Impairment losses (34 ) — (3 ) (37 ) Derecognition 29 — 1 30 Currency translation and other (18 ) — (1 ) (19 ) Balance at 31 December (331 ) (6 ) (65 ) (402 ) 2020 Million US dollar Trade receivables FVOCI Other receivables Total Balance at 1 January (173 ) (6 ) (103 ) (283 ) Impairment losses (93 ) — (6 ) (99 ) Derecognition 7 — 42 49 Currency translation and other (50 ) — 4 (46 ) Balance at 31 December (308 ) (6 ) (62 ) (376 ) 2019 Million US dollar Trade receivables FVOCI Other receivables Total Balance at 1 January (160 ) (6 ) (106 ) (273 ) Impairment losses (51 ) — (30 ) (81 ) Derecognition 26 — 31 57 Currency translation and other 12 — 2 14 Balance at 31 December (173 ) (6 ) (103 ) (283 ) LIQUIDITY RISK Historically, AB InBev’s primary sources of cash flow have been cash flows from operating activities, the issuance of debt, bank borrowings and equity securities. AB InBev’s material cash requirements have included the following: • Debt servicing; • Capital expenditures; • Investments in companies; • Increases in ownership of AB InBev’s subsidiaries or companies in which it holds equity investments; • Share buyback programs; and • Payments of dividends and interest on shareholders’ equity. The company believes that cash flows from operating activities, available cash and cash equivalents as well as short term investments, along with related derivatives and access to borrowing facilities, will be sufficient to fund capital expenditures, financial instrument liabilities and dividend payments going forward. It is the intention of the company to continue to reduce its financial indebtedness through a combination of strong operating cash flow generation and continued refinancing. The following are the nominal contractual maturities of non-derivative 31 December 2021 Contractual Less More Carrying cash than than Million US dollar amount 1 flows 1 year 1-2 years 2-3 years 3-5 years 5 years Non-derivative Secured bank loans (628 ) (636 ) (551 ) (53 ) (5 ) (9 ) (18 ) Unsecured bank loans (106 ) (106 ) (106 ) — — — — Unsecured bond issues (85 726 ) (152 064 ) (3 479 ) (3 596 ) (6 192 ) (13 800 ) (124 997 ) Unsecured other loans (40 ) (84 ) (11 ) (48 ) (5 ) (4 ) (16 ) Lease liabilities (2 277 ) (2 429 ) (497 ) (470 ) (337 ) (450 ) (675 ) Bank overdraft (53 ) (53 ) (53 ) — — — — Trade and other payables (26 442 ) (26 643 ) (25 424 ) (314 ) (507 ) (96 ) (302 ) (115 272 ) (182 015 ) (30 121 ) (4 481 ) (7 046 ) (14 359 ) (126 008 ) Derivative financial liabilities Foreign exchange derivatives (166 ) (166 ) (166 ) — — — — Cross currency interest rate swaps (273 ) (293 ) (147 ) (35 ) (32 ) (56 ) (23 ) Commodity derivatives (34 ) (34 ) (34 ) — — — — Equity derivatives (5 412 ) (5 420 ) (5 420 ) — — — — (5 885 ) (5 913 ) (5 767 ) (35 ) (32 ) (56 ) (23 ) Of which: related to cash flow hedges (203 ) (203 ) (170 ) — — (29 ) (4 ) 31 December 2020 Contractual Less More Carrying cash than than Million US dollar amount 1 flows 1 year 1-2 2-3 3-5 5 years Non-derivative Secured bank loans (702 ) (735 ) (675 ) (14 ) (12 ) (10 ) (24 ) Commercial papers (1 522 ) (1 522 ) (1 522 ) — — — — Unsecured bank loans (294 ) (299 ) (299 ) — — — — Unsecured bond issues (93 725 ) (165 812 ) (3 582 ) (4 057 ) (3 823 ) (16 557 ) (137 793 ) Unsecured other loans (83 ) (115 ) (13 ) (8 ) (6 ) (57 ) (31 ) Lease liabilities (2 234 ) (2 455 ) (460 ) (425 ) (315 ) (424 ) (831 ) Bank overdraft (5 ) (5 ) (5 ) — — — — Trade and other payables (24 496 ) (24 688 ) (22 906 ) (1 103 ) (135 ) (197 ) (347 ) (123 061 ) (195 631 ) (29 462 ) (5 607 ) (4 291 ) (17 245 ) (139 026 ) Derivative financial liabilities Foreign exchange derivatives (696 ) (696 ) (696 ) — — — — Cross currency interest rate swaps (709 ) (852 ) (8 ) (575 ) (98 ) (132 ) (39 ) Commodity derivatives (26 ) (26 ) (26 ) — — — — Equity derivatives (5 373 ) (5 372 ) (4 455 ) (917 ) — — — (6 803 ) (6 946 ) (5 184 ) (1 492 ) (98 ) (132 ) (39 ) Of which: related to cash flow hedges (418 ) (418 ) (353 ) — — (65 ) — 1 “Carrying amount” refers to net book value as recognized in the balance sheet at each reporting date. CAPITAL MANAGEMENT AB InBev continuously optimizes its capital structure to maximize shareholder value while keeping the financial flexibility to execute strategic projects. AB InBev’s c a e FAIR VALUE The following table summarizes for each type of derivative the fair values recognized as assets or liabilities in the balance sheet: Assets Liabilities Net 31 December 31 December 31 December 31 December 31 December 31 December Million US dollar 2021 2020 2021 2020 2021 2020 Foreign currency Forward exchange contracts 238 480 (129 ) (691 ) 109 (211 ) Foreign currency futures — 36 (37 ) (5 ) (37 ) 31 Interest rate Interest rate swaps 38 80 — — 38 80 Cross currency interest rate swaps 111 107 (273 ) (709 ) (162 ) (602 ) Commodities Aluminum swaps 178 170 (20 ) (10 ) 158 160 Sugar futures 13 10 — — 13 10 Energy 29 9 (2 ) (7 ) 27 2 Other commodity derivatives 62 46 (13 ) (8 ) 50 37 Equity Equity derivatives — 27 (5 412 ) (5 373 ) (5 412 ) (5 346 ) 669 965 (5 886 ) (6 804 ) (5 216 ) (5 839 ) Of which: Non-current 48 138 (100 ) (1 759 ) (52 ) (1 621 ) Current 621 827 (5 786 ) (5 046 ) (5 164 ) (4 218 ) The following table summarizes the carrying amount and the fair value of the fixed rate interest-bearing financial liabilities as recognized on the balance sheet. Floating rate interest-bearing financial liabilities, trade and other receivables and trade and other payables, including derivatives financial instruments, have been excluded from the analysis as their carrying amount is a reasonable approximation of their fair value: Interest-bearing financial liabilities 31 December 2021 31 December 2020 Million US dollar Carrying amount 1 Fair value Carrying amount 1 Fair value Fixed rate Australian dollar (324 ) (366 ) (846 ) (964 ) Brazilian real (420 ) (419 ) (578 ) (578 ) Canadian dollar (626 ) (605 ) (613 ) (633 ) Euro (21 654 ) (23 801 ) (26 092 ) (29 809 ) Pound sterling (3 611 ) (3 913 ) (3 655 ) (4 301 ) US dollar (59 399 ) (75 261 ) (62 340 ) (81 771 ) Other (486 ) (471 ) (479 ) (480 ) (86 520 ) (104 836 ) (94 602 ) (118 536 ) 1 “Carrying amount” refers to net book value as recognized in the balance sheet at each reporting date. The table sets out the fair value hierarchy based on the degree to which significant market inputs are observable: Fair value hierarchy 31 December 2021 Quoted (unadjusted) Observable market Unobservable market Million US dollar prices - level 1 inputs - level 2 inputs - level 3 Financial Assets Held for trading (non-derivatives) — 9 — Derivatives at fair value through profit and loss — 155 — Derivatives in a cash flow hedge relationship 58 352 — Derivatives in a fair value hedge relationship — 17 — Derivatives in a net investment hedge relationship — 87 — 58 620 — Financial Liabilities Deferred consideration on acquisitions at fair value — — 832 Derivatives at fair value through profit and loss — 5 611 — Derivatives in a cash flow hedge relationship 52 141 — Derivatives in a net investment hedge relationship — 82 — 52 5 834 832 Fair value hierarchy 31 December 2020 Quoted (unadjusted) Observable market Unobservable market Million US dollar prices - level 1 inputs - level 2 inputs - level 3 Financial Assets Held for trading (non-derivatives) — 11 — Derivatives at fair value through profit and loss — 457 — Derivatives in a cash flow hedge relationship 29 343 — Derivatives in a fair value hedge relationship — 80 — Derivatives in a net investment hedge relationship — 57 — 29 948 — Financial Liabilities Deferred consideration on acquisitions at fair value — — 1 251 Derivatives at fair value through profit and loss — 6 119 — Derivatives in a cash flow hedge relationship 46 353 — Derivatives in a net investment hedge relationship — 287 — 46 6 759 1 251 Non-derivative As part of the 2012 shareholders agreement between Ambev and ELJ, following the acquisition of Cervecería Nacional Dominicana S.A. (“CND”), a forward-purchase contract (combination of a put option and purchased call option) was put in place which may result in Ambev acquiring additional shares in CND. In July 2020, Ambev and ELJ amended the Shareholders’ Agreement to extend their partnership and change the terms and the exercise date of the call and put options. ELJ currently holds 15% of CND and the put option is exercisable in 2022, 2023, 2024 and 2026. As at 31 December 2021, the put option on the remaining shares held by ELJ was valued at 589m US dollar (31 December 2020: 671m US dollar) and recognized as a deferred consideration on acquisitions at fair value in the “level 3” category above. HEDGING RESERVES The company’s hedging reserves disclosed in Note 22 relate to the following instruments: Million US dollar Foreign currency Commodities Others Total hedging reserves As per 1 January 2021 20 274 84 376 Change in fair value of hedging instrument recognized in OCI 766 123 — 888 Reclassified to profit or loss / cost of inventory (107 ) (703 ) 27 (783 ) As per 31 December 2021 679 (306 ) 111 481 Million US dollar Foreign currency Commodities Others Total hedging reserves As per 1 January 2020 174 117 107 397 Change in fair value of hedging instrument recognized in OCI 353 31 — 384 Reclassified to profit or loss / cost of inventory (507 ) 126 (23 ) (404 ) As per 31 December 2020 20 274 84 376 OFFSETTING FINANCIAL ASSETS AND LIABILITIES The following financial assets and liabilities are subject to offsetting, enforceable master netting agreements and similar agreements: 31 December 2021 Million US dollar Gross amount Net amount recognized in the statement of 1 Other offsetting agreements 2 Total net amount Derivative assets 670 670 (651 ) 19 Derivative liabilities (5 886 ) (5 886 ) 651 (5 235 ) 31 December 2020 Million US dollar Gross amount Net amount financial position 1 Other offsetting agreements 2 Total net amount Derivative assets 965 965 (954 ) 11 Derivative liabilities (6 804 ) (6 804 ) 954 (5 851 )

Collateral and contractual comm

Collateral and contractual commitments for the acquisition of property, plant and equipment, loans to customers and other	12 Months Ended
	Dec. 31, 2021
Text block [abstract]
Collateral and contractual commitments for the acquisition of property, plant and equipment, loans to customers and other	29. Collateral and contractual commitments for the acquisition of property, plant and equipment, loans to customers and other Million US dollar 31 December 2021 31 December 2020 Collateral given for own liabilities 310 391 Contractual commitments to purchase property, plant and equipment 449 528 Contractual commitments to acquire loans to associates/customers 142 150 Other commitments 1 943 1 953 The collateral given for own liabilities of 310m US dollar as at 31 December 2021 contains 168m US dollar cash guarantees (31 December 2020: 391m US dollar collateral given for own liabilities contained 184m US dollar of cash guarantees). Such cash deposits are a customary feature associated with litigations in Brazil: in accordance with Brazilian laws and regulations a company may or must (depending on the circumstances) place a deposit with a bank designated by the court or provide other security such as collateral on property, plant and equipment. With regard to judicial cases, AB InBev has made the appropriate provisions in accordance with IAS 37 Provisions, Contingent Liabilities and Contingent Assets Provisions e Trade and other receivables AB InBev has entered into commitments to purchase property, plant and equipment for 449m US dollar at 31 December 2021 (31 December 2020: 528m US dollar). In a limited number of countries AB InBev has committed itself to acquire loans to associates/customers from banks at their notional amount if the associates/customers do not respect their reimbursement commitments towards the banks. The total outstanding amount of such loans is 142m US dollar at 31 December 2021 (31 December 2020: 150m US dollar). Other commitments amount to 1 943 1 953 In order to fulfil AB InBev’s commitments under various outstanding stock option plans, AB InBev entered into stock lending arrangements for up to 30 million of its own ordinary shares. AB InBev shall pay any dividend equivalent, after tax in respect of the loaned securities. This payment will be reported through equity as dividend. As of 31 December 2021, 30 million loaned securities were used to fulfil stock option plan commitments. As at 31 December 2021, the M&A related commitments existed as discussed below. Cervecería Nacional Dominicana S.A. (“CND”) As part of the 2012 shareholders agreement between Ambev and E. León Jimenes S.A. (“ELJ”), following the acquisition of Cervecería Nacional Dominicana S.A. (“CND”), a put and call option is in place which may result in Ambev acquiring additional 1 Net amount recognized in the statement of financial position after taking into account offsetting agreements that meet the offsetting criteria as per IFRS rules. 2 Other offsetting agreements include collateral and other guarantee instruments, as well as offsetting agreements that do not meet the offsetting criteria as per IFRS rules. shares in CND. In January 2018 Ambev increased its participation in CND from 55% to 85%. As of 31 December 2021, the put option for the remaining shares held by ELJ was valued 0.6 billion US dollar (31 December 2020: 0.7 billion US dollar). The corresponding liability is presented as a non-current Risks arising from financial instruments

Contingencies

Contingencies	12 Months Ended
	Dec. 31, 2021
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Contingencies	30. Contingencies The company has contingencies for which, in the opinion of management and its legal counsel, the risk of loss is possible but not probable and therefore no provisions have been recorded. Due to their nature, such legal proceedings and tax matters involve inherent uncertainties including, but not limited to, court rulings, negotiations between affected parties and governmental actions, and as a consequence AB InBev’s management cannot at this stage estimate the likely timing of resolution of these matters. The most significant contingencies are discussed below. Amounts have been converted to US dollar at the closing rate of the respective period. AMBEV TAX MATTERS As of 31 December 2021 and 31 December 2020, AB InBev’s material tax proceedings are related to Ambev and its subsidiaries. Estimates of amounts of possible loss are as follows: Million US dollar 31 December 2021 31 December 2020 Income tax and social contribution 9 723 10 372 Value-added and excise taxes 4 285 4 483 Other taxes 663 727 14 671 15 582 The most significant tax proceedings of Ambev are discussed below. INCOME TAX AND SOCIAL CONTRIBUTION Foreign Earnings Since 2005, Ambev and certain of its subsidiaries have been receiving assessments from the Brazilian Federal Tax Authorities relating to the profits of its foreign subsidiaries. The cases are being challenged at both the administrative and judicial levels of the courts in Brazil. The administrative proceedings have resulted in partially favorable decisions, which are still subject to review by the Administrative Court. In the judicial proceedings, Ambev has received favorable injunctions that suspend the enforceability of the tax credit, as well as favorable first level decisions, which remain subject to review by the second-level judicial court. The updated assessed amount related to this uncertain tax position as of 31 December 2021 is approximately 7.5 billion Brazilian real (1.3 billion US dollar) and Ambev has not recorded any provisions in connection therewith as it considers the chance of loss to be possible. For proceedings where it considers the chance of loss to be probable, Ambev has recorded a provision in the total amount of 54 million Brazilian real (10 million US dollar). Goodwill InBev Holding In December 2011, Ambev received a tax assessment related to the goodwill amortization resulting from the InBev Holding Brasil S.A. merger with Ambev. At the administrative level, Ambev received partially favorable decisions at both the Lower and Upper Administrative Court. Ambev filed judicial proceedings to discuss the unfavorable portion of the decisions of the Lower and the Upper Administrative Court and requested injunctions to suspend the enforceability of the remaining tax credit, which were granted. In June 2016, Ambev received a new tax assessment charging the remaining value of the goodwill amortization and filed a defense. Ambev received partially favorable decisions at the first level administrative court and Lower Administrative Court. Ambev filed a Special Appeal which was partially admitted and awaits judgment by the Upper Administrative Court. For the unfavorable portion of the decision which became final at the administrative level, Ambev filed a judicial proceeding requesting an injunction to suspend the enforceability of the remaining tax credit, which was granted. The updated assessed amount related to this uncertain tax position as of 31 December 2021 is approximately 10.4 billion Brazilian real (1.9 billion US dollar) and as it considers the chances of loss to be possible . In the event Ambev is required to pay these amounts, AB InBev will reimburse the amount proportional to the benefit received by AB InBev pursuant to the merger protocol as well as the related costs. Goodwill Beverage Associate Holding (BAH) In October 2013, Ambev received a tax assessment related to the goodwill amortization resulting from the merger of Beverage Associates Holding Limited (“BAH”) into Ambev. The decision from the first level administrative court was unfavorable to Ambev. Ambev filed an appeal to the Lower Administrative Court against the decision, which was partially granted. Ambev and the tax authorities filed Special Appeals to the Upper Administrative Court, which are awaiting judgment. In April and August 2018, Ambev received new tax assessments charging the remaining value of the goodwill amortization and filed defenses. In April 2019, the first level administrative court rendered unfavorable decisions to Ambev. As a result thereof, Ambev appealed to the Lower Administrative Court. In November and December 2019, Ambev received partially favorable decisions at the Lower Administrative Court and filed Special Appeals to the Upper Administrative Court. The Special Appeals filed in both tax assessments are awaiting judgment by the Upper Administrative Court. The updated assessed amount related to this uncertain tax position as of 31 December 2021 is approximately 2.3 billion Brazilian real (0.4 billion US dollar). Ambev has not recorded any provisions for this matter as it considers the chance of loss to be possible. Goodwill CND Holdings In November 2017, Ambev received a tax assessment related to the goodwill a ation in calendar years 2012 to 2016 resulting The updated assessed amount related to this uncertain tax position as of 31 December 2021 is approximately 0.9 billion Brazilian real (0.2 billion US dollar). Ambev has not recorded any provisions for this matter as it considers the chances of loss to be possible . Disallowance of financial expenses In 2015, 2016 and 2020, Ambev received tax assessments related to the disallowance of alleged non-deductible , which is subject to mandatory review by the Lower Administrative Court The updated assessed amount related to this uncertain tax position as of 31 December 2021 is approximately 5.0 billion Brazilian real (0.9 billion US dollar). Ambev has not recorded any provisions for this matter as it considers the chance of loss to be possible. Disallowance of tax paid abroad Since 2014, Ambev has been receiving tax assessments from the Brazilian Federal Tax Authorities, for calendar years as of 2007, related to the disallowance of deductions associated with alleged unproven taxes paid abroad by its subsidiaries and has been filing defenses. The cases are being challenged at both the administrative and judicial levels. In November 2019, the Lower Administrative Court rendered a favorable decision to Ambev in one of the cases (related to the 2010 tax period), which became definitive. In January 2020, the Lower Administrative Court rendered unfavorable decisions regarding four of these assessments related to the periods of 2015 and 2016. In these cases, Ambev filed Special Appeals to the Upper Administrative Court which are pending judgment. With respect to the cases related to the periods of 2015 and 2016, tax assessments were filed to charge isolated fines due to the lack of monthly prepayments of income tax as a result of allegedly undue deductions of taxes paid abroad. In 2021, Ambev received unfavorable decisions from the first level administrative court in two of these assessments with respect to both the 2015 and 2016 isolated fine cases, and filed appeals in connection therewith, which are pending judgment by the Lower Administrative Court. There is a third tax assessment charging such isolated fine that awaits judgment by the first level administrative court. The other cases are still awaiting final decisions at both administrative and judicial courts. The updated assessed amount as of 31 December 2021 is approximately 11.3 billion Brazilian real (2.0 billion US dollar). Ambev has not recorded any provisions for this matter as it considers the chance of loss to be possible. This uncertain tax position continued to be applied by the Company impacting calendar years following those assessed (2018-2021). In a scenario Ambev is questioned on this matter for future periods, on the same basis and under the same arguments as the aforementioned tax assessments, Ambev management estimates that the outcome of such potential further assessments would be similar to the already assessed periods. Presumed Profit In April 2016, Arosuco (a subsidiary of Ambev) received a tax assessment regarding the use of the “presumed profit” method for the calculation of income tax and the social contribution on net profits instead of the “real profit” method. In September 2017, Arosuco received an unfavorable first level administrative decision and filed an appeal. In January 2019, the Lower Administrative Court rendered a favorable decision to Arosuco, which became definitive. In March 2019, Ambev received a new tax assessment regarding the same subject and filed a defense. In October 2019, Arosuco received an unfavorable first level administrative decision and filed an appeal. The updated assessed Deductibility of IOC expenses In November 2019, Ambev received a tax assessment from the Brazilian Federal Tax Authorities related to the interest on capital (“IOC”) deduction in 2014. The assessment refers primarily to the accounting and corporate effects of the restructuring carried out by Ambev in 2013 and the impact on the increase in the deductibility of IOC expenses. In August 2020, Ambev received a partially favorable decision at the first level administrative Court and filed an Appeal to the Lower Administrative Court, which awaits judgement. The favorable portion of the decision if subject to mandatory review by the Lower Administrative Court. In December 2020, Ambev received a new tax assessment related to the deduction of the IOC in 2015 and 2016. The defense against such new tax assessment was filed by Ambev in January 2021. In June 2021, Ambev received a partially favorable decision and filed an appeal to the Lower Administrative Court, which also awaits judgment. Similar to the first tax assessment, the favorable portion of the decision is also subject to mandatory review by the Lower Administrative Court. The updated assessed amount as of 31 December 2021 is approximately billion Brazilian real ( billion US dollar). Ambev has not recorded any provisions for this matter as it considers the chance of loss to be possible. The uncertain tax position continued to be adopted by Ambev as it also distributed IOC in the years following the assessed period (2017-2021) and deducted such amounts from its Corporate Income Taxes taxable basis. Therefore, in a scenario where the IOC deductibility would also be questioned for the period after 2016, on the same basis and arguments as the aforementioned tax assessments, Ambev management estimates that the outcome of such potential further assessments would be consistent to the already assessed periods. Disallowance on Income Tax deduction In January 2020, Arosuco, a subsidiary of Ambev, received a tax assessment from the Brazilian Federal Tax Authorities regarding the disallowance of the income tax reduction benefit provided for in Provisional Measure No. 2199-14/2001, for calendar years 2015 to 2018, and an administrative defense was filed. In October 2020, the first level administrative Court rendered an unfavorable decision to Arosuco. Arosuco filed an appeal against the aforementioned decision and awaits judgment by the Lower Administrative Court. The updated assessed amount as of 31 December 2021 is approximately This uncertain tax position continued to be applied by the Company impacting calendar years following those assessed (2019-2021) in which it benefited from the income tax reduction provided for in Provisional Measure No. 2199-14/2001. In a scenario Arosuco is questioned on this matter for future periods, on the same basis and arguments as the aforementioned tax assessment, Arosuco management estimates that the outcome of such potential further assessments would be consistent to the already assessed periods. ICMS VALUE ADDED TAX, EXCISE TAX (“IPI”) AND TAXES ON NET SALES Manaus Free Trade Zone – IPI / Social contributions In Brazil, goods manufactured within the Manaus Free Trade Zone intended for remittance elsewhere in Brazil are exempt and/ or zero-rated Ambev and its subsidiaries have also been receiving charges from the Brazilian Federal Tax Authorities in relation to (i) federal taxes allegedly unduly offset with the disallowed presumed IPI excise tax credits that are under discussion in these proceedings and (ii) PIS/COFINS amounts allegedly due on Arosuco’s remittance to Ambev subsidiaries. In April 2019, the Federal Supreme Court (“STF”) announced its judgment on Extraordinary Appeal No. 592.891/SP and 596.614/SP, with binding effects, deciding on the rights of taxpayers registering IPI excise tax presumed credits on acquisitions of raw materials and exempted inputs originating from the Manaus Free Trade Zone. As a result of this decision, Ambev reclassified part of the amounts related to the IPI cases as remote losses maintaining as possible losses only issues related to other additional discussions that were not included in the analysis of the STF. The cases are being challenged at both the administrative and judicial levels. Ambev management estimates the possible loss related to these assessments to be approximately 4.9 billion Brazilian real (0.9 billion US dollar) as of 31 December 2021. Ambev has not recorded any provision in connection therewith. IPI Suspension In 2014 and 2015, Ambev received tax assessments from the Brazilian Federal Tax Authorities relating to IPI allegedly due over remittances of manufactured goods to other related factories. The cases are being challenged at both the administrative and judicial levels. In 2020, Ambev received a final partial favorable decision at the administrative level in one of the cases. The cases which are being challenged at the judicial level are still at an initial stage. Ambev management estimates the possible loss related to these assessments to be approximately 1.6 billion Brazilian real (0.3 billion US dollar) as of 31 December 2021. Ambev has not recorded any provision in connection therewith. ICMS tax credits Ambev is currently challenging tax assessments issued by the states of São Paulo, Rio de Janeiro, Minas Gerais, among others, questioning the legality of ICMS tax credits arising from transactions with companies that have tax incentives granted by other states. The cases are being challenged at both the administrative and judicial level of the courts. On August 2020, the STF issued a binding decision (Extraordinary Appeal No. 628.075) ruling that tax credits granted by the states in the context of the ICMS tax war shall be consider unlawful. The decision also recognized that the states should abide by the tax incentives validation process provided for in Complementary Law No. 160/17. This decision is subject to appeal and does not change the likelihood of loss in Ambev´s tax assessments. Ambev management estimates the possible losses related to these assessments to be approximately 2.0 billion Brazilian real (0.4 billion US dollar) as of 31 December 2021. Ambev has not recorded any provision in connection therewith. ICMS-ST Over the years, Ambev has received tax assessments to charge supposed ICMS differences considered due when the price of the products sold by Ambev is above the fixed price table basis established by the relevant states, cases in which the state tax authorities understand that the calculation basis should be based on a value-added percentage over the actual prices and not the fixed table price. Ambev is currently challenging those charges before the courts. The cases are being challenged at both the administrative and judicial levels. Ambev management estimates the total possible loss related to this issue to be approximately 8.4 billion Brazilian real (1.5 billion US dollar) as of 31 December 2021. Ambev has not an y this matter as it SOCIAL CONTRIBUTIONS Since 2015, Ambev has received tax assessments issued by the Brazilian Federal Tax Authorities relating to PIS/COFINS amounts allegedly due over bonus prod u Ambev management estimates the possible loss related to these assessments to be approximately 1.8 billion Brazilian real (0.3 billion US dollar) as of 31 December 2021. No related provision has been made. AB INBEV’S AUSTRALIAN BUSINESS TAX MATTERS SAB Australia Pty Limited (“SAB Australia”), a former subsidiary of AB InBev, received a tax assessment for the 2012 to 2014 income tax years for 0.4 billion Australian dollar (0.3 billion US dollar) pre-transaction The Australian tax authorities have also notified SAB Australia that it has commenced an audit of the 2015 to 2020 income tax years. The focus of the audit is the tax treatment of the funding arrangements associated with the Foster’s acquisition. OTHER TAX MATTERS In February 2015, the European Commission opened an in-depth On 3 December 2020, the Advocate General (AG) of the European Court of Justice presented her non-binding Following the initial annulment of the European Commission’s decision by the European General Court in 2019, the European Commission opened new state aid investigations into the individual Belgian tax rulings, including the one issued to AB InBev in September 2019, to remedy the concerns that had led to the annulment. These investigations relate to the same rulings that were the subject of the European Commission’s decision issued on 11 January 2016. AB InBev has filed its observations in respect of the opening decisions with the European Commission. On 28 October 2021, the European Commission stayed the new state aid investigations into the individual Belgian tax rulings pending final resolution of the case. In addition, the Belgian tax authorities have also questioned the validity and the actual application of the excess profit ruling that was issued in favor of AB InBev and have refused the actual tax exemption which it confers. AB InBev has filed a court claim against such decision before the Brussels court of first instance which ruled in favor of AB InBev on 21 June 2019, and again on 9 July 2021 for subsequent years. The Belgian tax authorities appealed both judgments. In January 2019, AB InBev deposited 68m euro (77m US dollar) on a blocked account. Depending on the final outcome of the European Court procedures on the Belgian excess profit ruling system, as well as the pending Belgian court cases, this amount will either be slightly modified, or released back to the company or paid over to the Belgian State. In connection with the European Court procedures, AB InBev recognized a provision of 68m euro (77m US dollar) in 2020. WARRANTS Certain holders of warrants issued by Ambev in 1996 for exercise in 2003 proposed lawsuits to subscribe correspondent shares for an amount lower than Ambev considers as established upon the warrant issuance. In case Ambev loses the totality of these lawsuits, the issuance of 172,831,574 shares would be necessary. Ambev would receive in consideration funds that are materially lower than the current market value. This could result in a dilution of about 1% to all Ambev shareholders. Furthermore, the holders of these warrants are claiming that they should receive the dividends relative to these shares since 2003, approximately 1.0 billion Brazilian real (0.2 billion US dollar) in addition to legal fees. Ambev disputes these claims and intends to continue to vigorously defend these cases. All six lawsuits were ruled favorably to Ambev by the Superior Court of Justice (“STJ”). Three cases were dismissed by the STJ’s Special Court and will no longer be remitted to the STJ’s lower court for a new judgment. Although the motions for clarification that were filed against the STJ’s Special Court decision were dismissed, new appeals have been filed in three of these cases with the Brazilian Supreme Court (“STF”), which will decide if the appeals meet the constitutional requirements for admissibility, particularly the requirement for a constitutional issue of general repercussion. In parallel, in one of these cases (Previ/Funcef), the plaintiffs have instituted a claim requesting suspension of the effects of the decision that dismissed the motion for clarification until the appeal is decided. The claim is pending, but has no practical effect on the case. In addition, the Reporting Justice of this case (Previ/Funcef) has suspended the appeal to STF and ordered for the case to be remitted to STF’s Conciliation and Mediation Center, although Ambev has previously informed the court that it has no interest in any settlement discussion with the plaintiffs. The fourth case was ruled favorably to Ambev by the STJ’s Special Court and the judgment became final. The fifth case was remitted to the STJ’s lower court for a new judgment and the sixth case was ruled favorably to Ambev and the decision became final. Considering all of these facts, Ambev and its external counsels strongly believe that the chance of loss in these cases is remote.

Non-controlling interests

Non-controlling interests	12 Months Ended
	Dec. 31, 2021
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Non-controlling interests	31. Non-controlling As at 31 December 2021 and 2020, material non-controlling r Summarized financial information of Ambev and Budweiser APAC, in which the company has material non-controlling Ambev Budweiser APAC Million US dollar 31 December 2021 31 December 2020 31 December 2021 31 December 2020 Summarized balance sheet information Current assets 6 922 6 801 3 161 2 332 Non-current 17 915 17 291 13 464 13 857 Current liabilities 6 965 6 442 4 691 4 637 Non-current 2 817 3 188 851 809 Equity attributable to equity holders 14 809 14 204 11 013 10 685 Non-controlling 246 257 70 58 Ambev Budweiser APAC Million US dollar 2021 2020 2019 1 2021 2020 2019 2 Summarized income statement and other comprehensive income information Revenue 13 570 11 373 13 196 6 788 5 588 6 546 Net income 2 444 2 286 3 093 981 537 908 Attributable to: Equity holders 2 360 2 217 2 989 950 514 898 Non-controlling 84 69 104 31 23 10 Net income 2 444 2 286 3 093 981 537 908 Other comprehensive income 629 1 467 (193 ) (289 ) 635 (229 ) Total comprehensive income 3 074 3 753 2 900 692 1 172 679 Attributable to: Equity holders 2 970 3 647 2 801 660 1 147 665 Non-controlling 104 106 99 32 25 14 Summarized cash flow information Cash flow from operating activities 4 266 3 673 4 664 1 903 1 301 1 379 Cash flow from investing activities (1 441 ) (1 325 ) (1 228 ) (731 ) (572 ) (743 ) Cash flow from financing activities (2 988 ) (1 676 ) (3 117 ) (464 ) (432 ) (1 349 ) Net increase/(decrease) in cash and cash equivalents (163 ) 673 319 708 297 (713 ) Dividends paid by Ambev and its subsidiaries non-controlling non-controlling On 31 December 2020, the company completed the issuance of a 49.9% minority stake in its US-based US-based Other non-controlling non-controlling 1 In 2020, Ambev concluded the calculation of its tax credits on a judicial decision related to the exclusion of the Value-Added Tax (ICMS) from the taxable basis of the social contribution on gross revenues (PIS and COFINS). As a result of this judicial decision and other tax credit adjustments, in 2020, Ambev reclassified the tax credits previously reported in revenue to other operating income, and as such, restated its 2019 comparatives as required by IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors. 2 In 2020, Budweiser APAC reclassified the “Proceeds from cash pooling loans from AB InBev” from investing to financing activities in the summarized cash flow information. The presentation of the comparative amount has been restated to conform to the current year presentation.

Related parties

Related parties	12 Months Ended
	Dec. 31, 2021
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Related parties	32. Related parties TRANSACTIONS WITH DIRECTORS AND EXECUTIVE COMMITTEE MEMBERS (KEY MANAGEMENT PERSONNEL) AB InBev’s Executive Committee members’ compensation consists of short-term employee benefits (primarily salaries) and post-employment benefits from pension plans of their respective country – see also Note 24 Employee Benefits Share-based Payments 2021 2020 2019 Million US dollar Directors Executive Committee 1 Directors Executive Committee Directors Executive Committee Short-term employee benefits 2 24 2 4 2 9 Termination benefits — — — 2 — 1 Share-based payment — 33 — 7 — 25 2 57 2 13 2 35 Directors’ compensation consists mainly of directors’ fees. During 2021, AB InBev entered into the following transactions: • The acquisition, through Grupo Modelo and its subsidiaries, of information technology and infrastructure services for a consideration of approximately 1m US dollar from a company in which one of the company’s Board Member had significant influence as of 31 December 2021 (2020: 1m US dollar; 2019: 2m US dollar). • The lease of commercial premises from and the sale of malt-based beverages and beer to companies in which one of the company’s Board Member had a significant influence as of 31 December 2021. The transactions happened mainly through AB InBev’s subsidiary Bavaria S.A. for an aggregated consideration of approximately 19m US dollar (2020: 13m US dollar; 2019: 11m US dollar). The outstanding balance of these transactions as of 31 December 2021 amounts to 3m US dollar (31 December 2020: 3m US dollar). JOINTLY CONTROLLED ENTITIES Significant interests in joint ventures include three entities in Brazil, one in Mexico and one in Canada. None of these joint ventures are material to the company. Aggregate amounts of AB InBev’s interest are as follows: Million US dollar 2021 2020 2019 Non-current 8 8 10 Current assets 2 2 3 Non-current 9 9 11 Current liabilities 2 12 10 Result from operations (3 ) 3 3 Profit attributable to equity holders of AB InBev (2 ) 3 3 TRANSACTIONS WITH ASSOCIATES Significant interests in associates are shown in note 16 Investments in associates Million US dollar 2021 2020 2019 Gross profit 58 (118 ) (78 ) Current assets 57 55 38 Current liabilities 99 115 119 TRANSACTIONS WITH PENSION PLANS AB InBev’s transactions with pension plans mainly comprise (12)m US dollar other expense to pension plans in the US in 2021 (2020: (12)m US dollar; 2019: (12)m US dollar). 1 The 2021 Executive Committee members’ compensation includes the cost reported for AB InBev’s former CEO up to 30 June 2021 and the costs for the newly appointed CEO for the full year 2021.

Supplemental guarantor financia

Supplemental guarantor financial information	12 Months Ended
	Dec. 31, 2021
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Supplemental guarantor financial information	33. Suppl e European public debt Certain debt securities issued outside the United States in reliance on Regulation S by Anheuser-Busch InBev SA/NV (“ABISA”) under its Euro Medium-Term Note Programme are guaranteed by Anheuser-Busch InBev Worldwide Inc. (“ABIWW”), Anheuser-Busch InBev Finance Inc. (“ABIFI”), Anheuser-Busch Companies, LLC (“ABC”), Brandbrew S.A. (“Brandbrew”), Brandbev S.à r.l. (“Brandbev”) and Cobrew NV (“Cobrew”) (collectively, the “Subsidiary Guarantors”). ABISA owns, directly or indirectly, 100% of each of the Subsidiary Guarantors. The information presented below has been presented to satisfy the disclosure Financial Conduct Summarized Financial Information The first five columns in the table below present summarized financial information for (i) ABISA, (ii) ABIWW, (iii) ABIFI and (iv) ABC, and (v) Brandbrew, Brandbev and Cobrew. Investments in consolidated subsidiaries are presented under the equity method of accounting. The final column presents financial information for ABISA and the Subsidiary Guarantors on a combined basis after elimination of intercompany transactions and balances among them and excluding investments in and equity in the earnings of both non Guarantor Subsidiaries and Guarantor Subsidiaries. Income Statement Data For the year ended 31 December 2021 ABISA ABIWW ABIFI ABC Brandbrew, Eliminations Total ABISA Million US dollar Revenue - external 472 — — 14 104 — — 14 576 Revenue from non-guarantor 122 — — 222 — — 344 Revenue from guarantor subsidiaries — — — 54 — (54 ) — Cost of sales - external (275 ) — — (5 462 ) — — (5 737 ) Cost of sales to non-guarantor (157 ) — — (687 ) — — (844 ) Cost of sales to guarantor subsidiaries (15 ) — — (34 ) — 49 — Gross profit 147 — — 8 197 — (5 ) 8 339 Selling, general and administrative expenses - external (589 ) — — (3 974 ) 6 — (4 557 ) Selling, general and administrative expenses (non-guarantor (17 ) — — (248 ) 12 — (253 ) Selling, general and administrative expenses (guarantor subsidiaries) 158 1 313 — (1 491 ) 15 5 — Other operating income/(expenses)¹ - external 2 — — (191 ) — — (189 ) Other operating income/(expenses)¹ (non-guarantor 37 — — 114 — — 151 Other operating income/(expenses)¹ (guarantor subsidiaries) 42 (5 ) — (37 ) — — — Profit /(loss) from operations (220 ) 1 308 — 2 370 33 — 3 491 Net finance income/(cost) - external (1 016 ) (2 088 ) (346 ) (1 484 ) 109 — (4 825 ) Net finance income/(cost) (non-guarantor 149 2 025 60 713 817 — 3 764 Net finance income/(cost) (guarantor subsidiaries) 139 (1 314 ) 350 1 276 (451 ) — — Share of result of associates and joint ventures — — — 2 — — 2 Income tax expense (13 ) (56 ) (12 ) (296 ) — — (377 ) Profit /(loss) from continuing operations (961 ) (125 ) 52 2 581 508 — 2 055 Income from non-guarantor 4 717 (58 ) — 201 361 (5 221 ) — Income from guarantor subsidiaries 914 2 977 — — — (3 891 ) — Profit from discontinued operations — — — — — — — Profit of the year 4 670 2 794 52 2 782 869 (9 112 ) 2 055 1 Other operating income/(expense) include exceptional items. Income Statement Data For the year ended 31 December 2020 ABISA ABIWW ABIFI ABC Brandbrew, Eliminations Total ABISA Million US dollar Revenue - external 373 — — 13 587 — — 13 960 Revenue from non-guarantor 117 — — 183 — — 300 Revenue from guarantor subsidiaries — — — 36 — (36 ) — Cost of sales - external (216 ) — — (5 138 ) — — (5 354 ) Cost of sales to non-guarantor (130 ) — — (583 ) — — (713 ) Cost of sales to guarantor subsidiaries (11 ) — — (25 ) — 36 — Gross profit 133 — — 8 061 — — 8 194 Selling, general and administrative expenses - external (401 ) — — (3 670 ) (17 ) — (4 088 ) Selling, general and administrative expenses (non-guarantor 110 1 — (164 ) 3 — (50 ) Selling, general and administrative expenses (guarantor subsidiaries) 414 1 274 (1 ) (1 688 ) 1 — — Other operating income/(expenses )¹ - external (159 ) — — (196 ) 62 — (293 ) Other operating income/(expenses)¹ (non-guarantor (15 ) — — 187 — — 172 Other operating income/(expenses)¹ (guarantor subsidiaries) 46 (4 ) — (42 ) — — — Profit /(loss) 128 1 271 (1 ) 2 488 49 — 3 935 Net finance income/(cost) - external (1 026 ) (2 136 ) (904 ) 180 (2 244 ) — (6 130 ) Net finance income/(cost) (non-guarantor 385 60 7 1 229 1 478 — 3 159 Net finance income/(cost) (guarantor subsidiaries) (787 ) 525 516 (366 ) 112 — — Share of result of associates and joint ventures — — — (5 ) — — (5 ) Income tax expense (26 ) 498 (17 ) (554 ) (3 ) — (102 ) Profit /(loss) (1 326 ) 218 (399 ) 2 972 (607 ) — 859 Income from non-guarantor 2 650 (121 ) — 112 719 (3 360 ) — Income from guarantor subsidiaries 81 2 969 — — — (3 050 ) — Profit from discontinued operations — — — — 368 — 368 Profit of the year 1 405 3 065 (399 ) 3 085 480 (6 410 ) 1 227 1 Other operating income/(expense) include exceptional items. Bal a As at 31 December 2021 ABISA ABIWW ABIFI ABC Brandbrew, Eliminations Total ABISA Million US dollar Due from non-guarantor 13 141 15 102 1 200 32 092 16 496 — 78 031 Due from guarantor subsidiaries — — 6 076 1 233 — (7 309 ) — Due from subsidiaries 13 141 15 102 7 276 33 325 16 496 (7 309 ) 78 031 Property, plant and equipment 62 — — 4 343 — — 4 405 Goodwill and intangible assets 1 364 — — 55 283 97 — 56 744 Investments in subsidiaries 112 722 79 596 — 35 862 15 017 (243 197 ) — Derivatives — — — — 48 — 48 Other non-current — 207 — 30 — — 237 Other non-current 114 148 79 803 — 95 518 15 162 (243 197 ) 61 434 Total non-current 127 289 94 905 7 276 128 843 31 658 (250 506 ) 139 465 Due from non-guarantor 646 — 71 3 007 3 436 — 7 160 Due from guarantor subsidiaries 655 5 934 731 81 3 402 (10 803 ) — Due from subsidiaries 1 301 5 934 802 3 088 6 838 (10 803 ) 7 160 Inventories — — — 961 — — 961 Derivatives — — — 132 293 — 425 Trade and other receivables 201 — — 546 9 — 756 Cash and cash equivalents 1 127 7 7 367 8 156 — 9 664 Other current assets 9 — — 57 2 — 68 Other current assets 1 337 7 7 2 063 8 460 — 11 874 Total current assets 2 638 5 941 809 5 151 15 298 (10 803 ) 19 034 Total equity 68 669 57 635 678 71 348 23 849 (243 197 ) (21 018 ) Due to non-guarantor 17 517 7 325 — 20 768 3 350 — 48 960 Due to guarantor subsidiaries 6 076 1 233 — — — (7 309 ) — Due to subsidiaries 23 593 8 558 — 20 768 3 350 (7 309 ) 48 960 Interest-bearing loans and borrowings 25 483 33 064 7 268 19 905 — — 85 720 Employee benefits 3 — — 803 — — 806 Deferred tax liabilities — — 1 6 520 60 — 6 581 Derivatives — — — — 100 — 100 Other non-current — — — 110 — — 110 Other non-current 25 486 33 064 7 269 27 338 160 — 93 317 Total non-current 49 079 41 622 7 269 48 106 3 510 (7 309 ) 142 277 Due to non-guarantor 244 732 — 4 771 9 190 — 14 937 Due to guarantor subsidiaries 4 658 24 — 5 875 246 (10 803 ) — Due to subsidiaries 4 902 756 — 10 646 9 436 (10 803 ) 14 937 Interest-bearing loans and borrowings 1 218 — 19 — — 238 Derivatives 2 — — 12 5 666 — 5 680 Bank overdrafts 6 292 — 2 — 4 474 — 10 768 Trade and other payables 905 543 131 3 863 21 — 5 463 Other current liabilities 77 72 5 — — — 154 Other current liabilities 7 277 833 138 3 894 10 161 — 22 303 Total current liabilities 12 179 1 589 138 14 540 19 597 (10 803 ) 37 240 Balance Sheet Data As at 31 December 2020 ABISA ABIWW ABIFI ABC Brandbrew, Eliminations Total ABISA Million US dollar Due from non-guarantor 6 858 11 682 1 200 14 463 9 217 — 43 420 Due from guarantor subsidiaries — — 6 609 — — (6 609 ) — Due from subsidiaries 6 858 11 682 7 809 14 463 9 217 (6 609 ) 43 420 Property, plant and equipment 61 — — 4 306 — — 4 367 Goodwill and intangible assets 1 246 — — 55 397 97 — 56 740 Investments in subsidiaries 121 737 75 095 — 42 150 17 408 (256 390 ) — Derivatives — — — — 117 — 117 Other non-current — 191 — 56 132 — 379 Other non-current 123 044 75 286 — 101 909 17 754 (256 390 ) 61 602 Total non-current 129 902 86 968 7 809 116 372 26 971 (262 999 ) 105 022 Due from non-guarantor 5 831 2 386 37 4 116 10 511 — 22 881 Due from guarantor subsidiaries 481 5 317 3 411 — 7 420 (16 629 ) — Due from subsidiaries 6 312 7 703 3 448 4 116 17 931 (16 629 ) 22 881 Inventories — — — 751 — — 751 Derivatives — — — 76 556 — 632 Trade and other receivables 149 — — 630 1 — 780 Cash and cash equivalents 6 887 3 — 187 13 601 — 20 678 Other current assets 9 471 — 3 — — 483 Other current assets 7 045 474 — 1 647 14 158 — 23 323 Total current assets 13 357 8 177 3 488 5 763 32 089 (16 629 ) 46 204 Total equity 68 024 49 373 627 75 634 24 470 (256 390 ) (38 262 ) Due to non-guarantor 18 979 7 798 — 5 351 4 236 — 36 364 Due to guarantor subsidiaries 6 609 — — — — (6 609 ) — Due to subsidiaries 25 588 7 798 — 5 351 4 236 (6 609 ) 36 364 Interest-bearing loans and borrowings 29 987 36 280 7 826 19 891 — — 93 984 Employee benefits 4 — — 1 066 — — 1 070 Deferred tax liabilities — — — 6 692 — — 6 692 Derivatives — — — — 1 759 — 1 759 Other non-current 30 — — 341 — — 370 Other non-current 30 021 36 280 7 826 27 989 1 759 — 103 874 Total non-current 55 609 44 078 7 826 33 340 5 995 (6 609 ) 140 238 Due to non-guarantor 73 536 1 4 090 11 263 — 15 963 Due to guarantor subsidiaries 7 878 32 — 4 917 3 802 (16 629 ) — Due to subsidiaries 7 951 568 1 9 007 15 065 (16 629 ) 15 963 Interest-bearing loans and borrowings 1 485 37 182 11 — — 1 715 Derivatives — — — 12 4 924 — 4 936 Bank overdrafts 9 274 494 2 466 47 8 594 — 20 875 Trade and other payables 833 595 142 3 739 12 — 5 321 Other current liabilities 83 — 13 345 — — 441 Other current liabilities 11 675 1 126 2 803 4 154 13 530 — 33 290 Total current liabilities 19 626 1 694 2 804 13 161 28 595 (16 629 ) 49 253

Events after the balance sheet

Events after the balance sheet date	12 Months Ended
	Dec. 31, 2021
Text block [abstract]
Events after the balance sheet date	34. Events after the balance sheet date On 10 January 2022, Anheuser-Busch InBev SA/NV (AB InBev) announced that its wholly-owned subsidiary Anheuser-Busch InBev Finance Inc. (“ABIFI”) will exercise its respective option to redeem the outstanding principal amounts for an aggregate principal amount of 3.1 billion US dollar of the following series of notes: Date of redemption Issuer Title of series of notes issued Currency Original principal (in million) Principal amount (in million) 9 February 2022 ABIFI 3.650% Notes due 2026 USD 1 633 1 633 1 March 2022 ABIFI 4.915% Notes due 2046 USD 1 470 1 470 On 11 March 2022, the company announced that it is forfeiting all financial benefits from the operations of AB InBev Efes, an associate which does business in Russia and Ukraine, in which the company holds a 50% non-controlling stake and which the company does not consolidate. As of 31 December 2021, the 50% stake in AB InBev Efes had a book value of 1.1 billion US dollar, and the 24% stake in Anadolu Efes (which indirectly holds a 50% stake in AB InBev Efes), had a book value of 201m US dollar. See also Note 16 Investments in associates Impairment of Assets

AB InBev companies

AB InBev companies	12 Months Ended
	Dec. 31, 2021
Investments accounted for using equity method [abstract]
AB InBev companies	35. AB InBev companies Listed below are th e B-3000 LIST OF MOST IMPORTANT FULLY CONSOLIDATED COMPANIES % of economic interest as at Name and registered office of fully consolidated companies 31 December 2021 ARGENTINA CERVECERIA Y MALTERIA QUILMES SAICA Y G - Charcas 5160 - C1425BOF - Buenos Aires 61.64 % BELGIUM AB-INBEV Consolidating BRASSERIE DE L’ABBAYE DE LEFFE S.A. - Place de l’Abbaye, 1 - 5500 - Dinant 98.54 % BROUWERIJ VAN HOEGAARDEN N.V. - Stoopkensstraat 46 - 3320 - Hoegaarden 100.00 % COBREW N.V - Brouwerijplein 1 - 3000 - Leuven 100.00 % INBEV BELGIUM BV/SRL - Boulevard Industriel 21 - 1070 - Brussel 100.00 % BOTSWANA KGALAGADI BREWERIES (PTY) LIMITED - Plot 20768, Kudu Road, Broadhurst Industrial Estate - Gaborone 1 31.06 % BOLIVIA CERVECERÍA BOLIVIANA NACIONAL S.A. - Av. Montes 400 and Calle Chuquisaca No. 121, Zona Challapampa - La Paz 52.73 % BRAZIL AMBEV S.A. - Rua Dr. Renato Paes de Barros, 1017 - 3° floor - Itaim Bibi - CEP 04530-001 61.79 % CANADA LABATT BREWING COMPANY LIMITED - 207 Queen’s Quay West, Suite 299 - M5J 1A7 - Toronto 61.79 % CHILE CERVECERIA CHILE S.A. - Av. Presidente Eduardo Frei Montalva 9600, Quilicura - 8700000 - Santiago de Chile 61.79 % CHINA ANHEUSER-BUSCH INBEV (CHINA) SALES CO. LTD. - Shangshou, Qin Duan Kou, Hanyang Area - 430051 - Wuhan City, Hubei Province 87.22 % ANHEUSER-BUSCH INBEV (WUHAN) BREWERY CO. LTD. - Shangshou, Qin Duan Kou, Hanyang Area - 430051 - Wuhan City, Hubei Province 84.66 % ANHEUSER-BUSCH INBEV (FOSHAN) BREWERY CO. LTD. - 1 Budweiser Avenue, Southwest St., Sanshui District - 528132 - Foshan City, Guangdong 87.22 % ANHEUSER-BUSCH INBEV HARBIN BREWERY CO. LTD. - 9 Hapi Road, Pingfang district - 150066 - Harbin City, Heilongijang Province 87.22 % ANHEUSER-BUSCH INBEV (TANGSHAN) BREWERY CO. LTD. - 18, Yingbin Road - 063300 - Tangshan City, Hebei Province 87.22 % ANHEUSER-BUSCH INBEV SEDRIN BREWERY CO. LTD. - No.1 West Xuejin Avenue,Hanjiang District - 351111 - Putian City, Fujian Province 87.22 % ANHEUSER-BUSCH INBEV SEDRIN (ZHANGZHOU) BREWERY CO. LTD. - Lantian Economic District - 363005 - Zhangzhou City, Fujian Province 87.22 % ANHEUSER-BUSCH INBEV (TAIZHOU) BREWERY CO. LTD. - 159 Qi Xia East Road, Chengguan Town, Tiantai County - 317200 - Taizhou City, Zhejiang Province 87.22 % ANHEUSER-BUSCH INBEV SEDRIN (NANCHANG) BREWERY CO. LTD. - 1188 Jinsha Avenue, Economic District - Nanchang City, Jiangxi Province 87.22 % SIPING GINSBER DRAFT BEER CO. LTD. - Xianmaquan, Tiedong Area - Siping City, Jilin Province 87.22 % ANHEUSER-BUSCH INBEV (NANTONG) BREWERY CO. LTD. - 666 Zhaoxia Road - Nantong City, Jiangsu Province 87.22 % ANHEUSER-BUSCH INBEV (SICHUAN) BREWERY CO. LTD. - No. 1, AB InBev Avenue, Cheng Nan Industry Park, Economic Development Area - 641300 - Ziyang City, Sichuan Province 87.22 % ANHEUSER-BUSCH INBEV (HENAN) BREWERY CO. LTD. - No. 1 Budweiser Avenue, Industry Park, Tangzhuang Town - 453100 - Weihui City, Henan Province 87.22 % 1 The group’s shares entitle the holder to twice the voting rights. Name and registered office of fully consolidated companies % of economic interest as at 31 December 2021 INBEV JINLONGQUAN (HUBEI) BREWERY CO. LTD. - 89 Jin Long Quan Avenue - Jingmen City, Hubei Province 52.33 % ANHEUSER-BUSCH INBEV (SUQIAN) BREWERY CO. LTD. - No 1 Qujiang Road, Suyu Industry Park - Suqian City, Jiangsu Province 87.22 % ANHEUSER-BUSCH INBEV SEDRIN BREWERY CO. LTD. - No.1 West Xuejin Avenue,Hanjiang District - 351111 - Putian City, Fujian Province 87.22 % ANHEUSER-BUSCH INBEV(WENZHOU) BREWERY CO. LTD. - No. 5108 Management Office, MingZhu Road, Binghai District, Development Zone - 325025 - Wenzhou City, Zhejiang Province 87.22 % BLUE GIRL BEER (GUANGZHOU) COMPANY LIMITED - Units 2101,21/F, Tower A, China International Centre, 33 Zhongshan San Road - 510000 - Guangzhou City 56.69 % COLOMBIA ZX VENTURES COLOMBIA S.A.S. - Carrera 53 A, No 127 - 35 - 110221 - Bogota 100.00 % BAVARIA & CIA S.A.S. - Carrera 53 A, No 127 - 35 - 110221 - Bogota 99.16 % KOPPS COMERCIAL S.A.S. - Carrera 53 A, No 127 - 35 - 110221 - Bogota 100.00 % CERVECERIA DEL VALLE - Calle 15, No. 25 A37 Autopista, Cali-Yumbo - 760507 - Yumbo 100.00 % CERVECERIA UNION - Cra 50 A #38-39, 99.14 % CZECH REPUBLIC PIVOVAR SAMSON A.S. - Lidická 458 - 370 01 - České Budějovice 100.00 % ANHEUSER-BUSCH INBEV CZECH S.R.O. - Vyskočilova 1422/1A - 140 00 - Praha 4-Michle 100.00 % DOMINICAN REPUBLIC CERVECERIA NACIONAL DOMINICANA S.A. - Autopista 30 de Mayo Km 61/2, Distrito Nacional - A.P. 1086 - Santo Domingo 1 52.52 % ECUADOR CERVECERÍA NACIONAL (CN) S.A. - Via a daule km 16,5 y calle cobre s/n - Guayaquil, Guayas 95.58 % EL SALVADOR INDUSTRIAS LA CONSTANCIA S.A. DE C.V. - Avenida Independencia, No 526 - San Salvador 100.00 % FRANCE AB INBEV FRANCE S.A.S. - Immeuble Crystal, 38, Place Vauban - C.P. 59110 - La Madeleine 100.00 % GERMANY BRAUEREI BECK GMBH & CO. KG - Am Deich 18/19 - 28199 - Bremen 100.00 % BRAUEREI DIEBELS GMBH & CO. KG - Brauerei-Diebels-Straße 1 - 47661 - Issum 100.00 % HAAKE-BECK AG - Am Deich 18/19 - 28199 - Bremen 99.96 % HASSERÖDER BRAUEREI GMBH. - Auerhahnring 1 - 38855 - Wernigerode 100.00 % ANHEUSER-BUSCH INBEV GERMANY HOLDING GMBH. - Am Deich 18/19 - 28199 - Bremen 100.00 % SPATEN-FRANZISKANER-BRÄU 100.00 % ANHEUSER-BUSCH INBEV DEUTSCHLAND GMBH & CO. KG - Am Deich 18/19 - 28199 - Bremen 100.00 % LÖWENBRÄU AG - Nymphenburger Str. 7 - 80335 - München 100.00 % GHANA ACCRA BREWERY PLC - Farra Avenue 20 1st Floor, Pkf Building - P.O. Box GP1219 - Accra 59.89 % GRAND DUCHY OF LUXEMBOURG BRASSERIE DE LUXEMBOURG MOUSEL - DIEKIRCH - Rue de la Brasserie, 1 - L-9214 95.82 % HONDURAS CERVECERÍA HONDUREÑA S.A. DE C.V. - Blvd. Del Norte, Carretera Salida a Puerto Cortes - San Pedro Sula 99.60 % HONG KONG BUDWEISER BREWING COMPANY APAC LIMITED - Suites 3012-16, 87.22 % 1 85% owned by Ambev S.A. Name and registered office of fully consolidated companies % of economic interest as at 31 December 2021 INDIA CROWN BEERS INDIA LIMITED. - 510/511, Minerva House, Sarojini Devi Road - 500003 - Secunderabad, Telangana 87.22 % ANHEUSER BUSCH INBEV INDIA LIMITED. - Unit No.301-302, 87.05 % ITALY ANHEUSER-BUSH INBEV ITALIA S.P.A. - Via Fratelli Castiglioni, 8 - 20214 - Milano 100.00 % MEXICO CERVECERIA MODELO DE MEXICO S. DE R.L. DE C.V. - Cerrada de Palomas 22, Piso 6, Reforma Social - C.P. 11650 - Mexico City, CD MX 100.00 % COMPANIA CERVECERA DE ZACATECAS S. DE R.L. DE C.V. - Blvd. Antonino Fernandez Rodriguez n° 100 - C.P. 98500 - Calera de Victor Rosales, Zacatecas 100.00 % MOZAMBIQUE CERVEJAS DE MOÇAMBIQUE SA - Rua do Jardim 1329 - Maputo 51.47 % THE NETHERLANDS INBEV NEDERLAND N.V. - Ceresstraat 1 - 4811 CA - Breda 100.00 % INTERBREW INTERNATIONAL B.V. - Ceresstraat 1 - 4811 CA - Breda 100.00 % AB INBEV AFRICA B.V. - Ceresstraat 1 - 4811 CA - Breda 62.00 % NIGERIA INTERNATIONAL BREWERIES PLC - 22/36 Glover Road, Lagos, Ikoyi, Nigeria - Lagos 1 43.00 % PANAMA CERVECERÍA NACIONAL S DE RL - Ave. Ricardo J. Alfaro, Corregimiento de Betania, Distrito de Panamá, - Panama City 61.79 % PARAGUAY CERVECERÍA PARAGUAYA S.A. - Ruta Villeta km 30 N 3045 - 2660 - Ypané 53.98 % PERU COMPANIA CERVECERA AMBEV PERU S.A.C. - Av. Los Laureles Mza. A Lt. 4 del Centro Poblado Menor Santa Maria de Huachipa - Lurigancho (Chosica) - 15 - Lima 97.22 % UNIÓN DE CERVECERÍAS PERUANAS BACKUS Y JOHNSTON S.A.A. - 3986 Av. Nicolas Ayllon, Ate - 3 - Lima 93.78 % SPAIN COMPAÑÍA CERVECERA DE CANARIAS, S.A. - Av Ángel Romero, 18 - 38009 - Santa Cruz de Tenerife 51.03 % SOUTH AFRICA SABSA HOLDINGS LTD PUBLIC LIMITED COMPANY - 65 Park Lane, Sandown - 2001 - Johannesburg 100.00 % THE SOUTH AFRICAN BREWERIES (PTY) LTD LIMITED BY SHARES - 65 Park Lane, Sandown - 2146 - Johannesburg 100.00 % SOUTH KOREA ORIENTAL BREWERY CO. LTD. - 8F, ASEM Tower, 517, Yeongdong-daero, Gangnam-gu 87.22 % SWITZERLAND ANHEUSER-BUSCH INBEV PROCUREMENT GESELLSCHAFT MIT BESCHRÄNKTER HAFTUNG (GMBH) - Suurstoffi 22 - 6343 - Rotkreuz 100.00 % TANZANIA TANZANIA BREWERIES PLC - Uhuru Street, Plot 79, Block AA - P.O. Box 9013 - Dar es Salaam 1 39.65 % UGANDA NILE BREWERIES LTD - Plot M90 Yusuf Lule Road, Njeru - P.O. Box 762 - Jinja - Eastern Uganda 61.64 % 1 The company is consolidated due to the group’s majority shareholdings and ability to control the operations. Name and registered office of fully consolidated companies % of economic interest as at 31 December 2021 UNITED KINGDOM ABI SAB GROUP HOLDING LIMITED - Bureau, 90 Fetter Lane - EC4A 1EN - London 100.00 % ABI UK HOLDING 1 LIMITED - Bureau, 90 Fetter Lane - EC4A 1EN - London 100.00 % AB INBEV UK LIMITED - Bureau, 90 Fetter Lane - EC4A 1EN - London 100.00 % AB INBEV HOLDINGS LIMITED - Bureau, 90 Fetter Lane - EC4A 1EN - London 100.00 % AB INBEV INTERNATIONAL BRANDS LIMITED - Bureau, 90 Fetter Lane - EC4A 1EN - London 100.00 % ZX VENTURES LIMITED - Bureau, 90 Fetter Lane - EC4A 1EN - London 100.00 % UNITED STATES ANHEUSER-BUSCH COMPANIES, LLC. - One Busch Place - MO 63118 - St. Louis 100.00 % ANHEUSER-BUSCH INTERNATIONAL, INC. - One Busch Place - MO 63118 - St. Louis 100.00 % ANHEUSER-BUSCH PACKAGING GROUP, INC. - One Busch Place - MO 63118 - St. Louis 100.00 % ANHEUSER-BUSCH, LLC. - One Busch Place - MO 63118 - St. Louis 100.00 % ANHEUSER-BUSCH NORTH AMERICAN HOLDING CORPORATION - C/O THE CORPORATION TRUST COMPANY, INC. - 1209 Orange Street - DE 19801 - Wilmington 100.00 % METAL CONTAINER CORPORATION, INC. - One Busch Place - MO 63118 - St. Louis 50.10 % URUGUAY CERVECERIA Y MALTERIA PAYSANDU S.A. - Cesar Cortinas, 2037 - C.P. 11500 - Montevideo 61.75 % VIETNAM ANHEUSER-BUSCH INBEV VIETNAM BREWERY COMPANY LIMITED - 2 VSIP II-A, II-A 87.22 % ZAMBIA ZAMBIAN BREWERIES - Plot No 6438, Mungwi Road - P.O. Box 31293 - Lusaka 54.00 % LIST OF MOST IMP O Name and registered office of associates and joint ventures % of economic interest as at 31 December 2021 FRANCE SOCIÉTÉ DES BRASSERIES ET GLACIÈRES INTERNATIONALES S.A - 49 rue François 1er - Paris 20.00 % GIBRALTAR B.I.H. BRASSERIES INTERNATIONALES HOLDING LIMITED LIMITED - ICC Building, 10th Floor, Main Street 20.00 % B.I.H. BRASSERIES INTERNATIONALES HOLDING (ANGOLA) LIMITED - Suite 10/3, International Commercial Centre, 2A Main Street 27.00 % TURKEY ANADOLU EFES BIRACILIK VE MALT SANAYII A.S. - Bahçelievler Mahallesi, Sehit Ibrahim Koparir Caddesi No. 4, Bahçelievler - Istanbul 24.00 % ZIMBABWE DELTA CORPORATION LIMITED - Sable House, Northridge Close, Borrowdale - P.O. Box BW 343 - Harare 25.42 % RUSSIA AB INBEV EFES JSC - 28 Moskovskaya street, Moscow region - 141607 - Klin 50.00 %

Summary of significant accoun_2

Summary of significant accounting policies (Policies)	12 Months Ended
	Dec. 31, 2021
Text block [abstract]
BASIS OF PREPARATION AND MEASUREMENT	(A) BASIS OF PREPARATION AND MEASUREMENT Depending on the applicable IFRS requirements, the measurement basis used in preparing the financial statements is cost, net realizable value, fair value or recoverable amount. Whenever IFRS provides an option between cost and another measurement basis (e.g., systematic re-measurement),
FUNCTIONAL AND PRESENTATION CURRENCY	(B) FUNCTIONAL AND PRESENTATION CURRENCY Unless otherwise specified, all financial information included in these financial statements has been stated in US dollar and has been rounded to the nearest million. As from 2009, following the combination with Anheuser-Bush, the company changed the presentation currency of the consolidated financial statements from the euro to the US dollar to provide greater alignment of the presentation currency with AB InBev’s most significant operating currency and underlying financial performance. The functional currency of the parent company is the euro.
USE OF ESTIMATES AND JUDGMENTS	(C) USE OF ESTIMATES AND JUDGMENTS The preparation of financial statements in conformity with IFRS requires management to make judgments, estimates and assumptions that affect the application of policies and reported amounts of assets and liabilities, income and expenses. The estimates and associated assumptions are based on historical experience and various other factors that are believed to be reasonable under the circumstances, the results of which form the basis of making the judgments about carrying values of assets and liabilities that are not readily apparent from other sources. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognized in the period in which the estimate is revised if the revision affects only that period or in the period of the revision and future periods if the revision affects both current and future periods.
PRINCIPLES OF CONSOLIDATION	(D) PRINCIPLES OF CONSOLIDATION Subsidiaries are those entities controlled by AB InBev. AB InBev controls an entity when it is exposed to, or has rights to, variable returns from its involvement with the entity and has the ability to affect those returns through its power over the entity. In assessing control, potential voting rights are taken into account. Control is presumed to exist where AB InBev owns, directly or indirectly, more than one half of the voting rights (which does not always equate to economic ownership), unless it can be demonstrated that such ownership does not constitute control. The financial statements of subsidiaries are included in the consolidated financial statements from the date that control commences until the date that control ceases. Total comprehensive income of subsidiaries is attributed to the owners of the company and to the non-controlling non-controlling Associates are undertakings in which AB InBev has significant influence over the financial and operating policies, but which it does not control. This is generally evidenced by ownership of between 20% and 50% of the voting rights. A joint venture is an arrangement in which AB InBev has joint control, whereby AB InBev has rights to the net assets of the arrangement, rather than rights to its assets and obligations for its liabilities. Associates and joint ventures are accounted for by the equity method of accounting, from the date that significant influence or joint control commences until the date that significant influence or joint control ceases. When AB InBev’s share of losses exceeds the carrying amount of the associate or joint venture, the carrying amount is reduced to nil and recognition of further losses is discontinued except to the extent that AB InBev has incurred legal or constructive obligations on behalf of the associate or joint venture. Joint operations arise when AB InBev has rights to the assets and obligations to the liabilities of a joint arrangement. AB InBev accounts for its share of the assets, liabilities, revenues and expenses as from the moment joint operation commences until the date that joint operation ceases. The financial statements of the company’s subsidiaries, joint ventures, joint operations and associates are prepared for the same reporting year as the parent company, using consistent accounting policies. In exceptional cases when the financial statements of a subsidiary, joint venture, joint operation or associate are prepared as of a different date from that of AB InBev, adjustments are made for the effects of significant transactions or events that occur between that date and the date of AB InBev’s financial statements. In such cases, the difference between the end of the reporting period of these subsidiaries, joint ventures, joint operations or associates from AB InBev’s reporting period is no more than three months. Results from the company’s associates Anadolu Efes and Castel are reported on a three-month lag. Therefore, estimates are made to reflect AB InBev’s share in the result of these associates for the last quarter. Such estimates are revisited when required. Transactions with non-controlling non-controlling non-controlling All intercompany transactions, balances and unrealized gains and losses on transactions between group companies have been eliminated. Unrealized gains arising from transactions with joint ventures, joint operations and associates are eliminated to the extent of AB InBev’s interest in the entity. Unrealized losses are eliminated in the same way as unrealized gains, but only to the extent that there is no evidence of impairment. A listing of the company’s most important subsidiaries, joint ventures, joint operations and associates is set out in Note 35 AB InBev companies
SUMMARY OF CHANGES IN ACCOUNTING POLICIES	(E) SUMMARY OF CHANGES IN ACCOUNTING POLICIES A number of new standards, amendment to standards and new interpretations became mandatory for the first time for the financial year beginning on 1 January 2021 and have not been listed in these consolidated financial statements as they either do not apply or are immaterial to AB InBev’s consolidated financial statements.
FOREIGN CURRENCIES	(F) FOREIGN CURRENCIES Foreign currency transactions Foreign currency transactions are accounted for at exchange rates prevailing at the date of the transactions. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rates prevailing on the date of the balance sheet. Gains and losses resulting from the settlement of foreign currency transactions and from the translation of monetary assets and liabilities denominated in foreign currencies are recognized in the income statement. Non-monetary Non-monetary Translation of the results and financial position of foreign operations Assets and liabilities of foreign operations are translated to US dollar at foreign exchange rates prevailing at the balance sheet date. Income statements of foreign operations, excluding foreign entities in hyperinflationary economies, are translated to US dollar at exchange rates for the year approximating the foreign exchange rates prevailing at the dates of the transactions. The components of shareholders’ equity are translated at historical rates. Exchange differences arising from the translation of shareholders’ equity to US dollar at period-end Financial Reporting in hyperinflationary economies In May 2018, the Argentinean peso underwent a severe devaluation, causing Argentina´s three-year cumulative inflation to exceed 100% and thus, triggering the requirement to transition to hyperinflation accounting as prescribed by IAS 29 Financial Reporting in Hyperinflationary Economies Under IAS 29, non-monetary re-measured Consequently, the company applied hyperinflation accounting for its Argentinean subsidiaries for the first time in the year-to-date • Non-monetary Finance cost and income • The income statement is adjusted at the end of each reporting period using the change in the general price index. It is converted at the closing exchange rate of each period (rather than the year-to-date non-hyperinflationary year-to-date The 2021 results, restated for purchasing power, were translated at the December 2021 closing rate of 102.749214 Argentinean pesos per US dollar (2020 results - at 84.143520 Argentinean pesos per US dollar). Exchange rates The most important exchange rates that have been used in preparing the financial statements are: Closing rate Average rate 1 US dollar equals: 31 December 2021 31 December 2020 31 December 2019 31 December 2021 31 December 2020 31 December 2019 Argentinean peso 102.749214 84.143520 59.890668 — — — Brazilian real 5.580497 5.196694 4.030696 5.368651 5.133082 3.940998 Canadian dollar 1.270792 1.273981 1.299449 1.249693 1.346594 1.329140 Colombian peso 3 977.14 3 438.52 3 272.63 3 741.19 3 689.50 3 305.84 Chinese yuan 6.352382 6.537798 6.961461 6.456753 6.947936 6.886265 Euro 0.882924 0.814930 0.890155 0.841767 0.878101 0.892577 Mexican peso 20.583378 19.948838 18.845242 20.339905 21.182539 19.334915 Pound sterling 0.741903 0.732646 0.757344 0.725564 0.780195 0.784062 Peruvian nuevo sol 3.976006 3.621009 3.317006 3.877055 3.491580 3.346670 South Korean won 1 188.32 1 088.02 1 154.54 1 139.06 1 185.02 1 160.69 South African rand 15.947907 14.686598 14.044287 14.873785 16.213180 14.512975
INTANGIBLE ASSETS	(G) INTANGIBLE ASSETS Research and development Expenditure on research activities, undertaken with the prospect of gaining new scientific or technical knowledge and understanding, is recognized in the income statement as an expense as incurred. Expenditure on development activities, whereby research findings are applied to a plan or design for the production of new or substantially improved products and processes, is capitalized if the product or process is technically and commercially feasible, future economic benefits are probable, and the company has sufficient resources to complete development. The expenditure capitalized includes the cost of materials, direct labor and an appropriate proportion of overheads. Other development expenditure is recognized in the income statement as an expense as incurred. Capitalized development expenditure is stated at cost less accumulated amortization (see below) and impairment losses (refer to accounting policy O). Amortization related to research and development intangible assets is included within the cost of sales if production related and in sales and marketing if related to commercial activities. Borrowing costs directly attributable to the acquisition, construction or production of qualifying assets are capitalized as part of the cost of such assets. Supply and distribution rights A supply right is the right for AB InBev to supply a customer and the commitment by the customer to purchase from AB InBev. A distribution right is the right to sell specified products in a certain territory. Acquired distribution rights are measured initially at cost or fair value when obtained through a business combination. Amortization related to supply and distribution rights is included within sales and marketing expenses. Brands If part of the consideration paid in a business combination relates to trademarks, trade names, formulas, recipes or technological expertise these intangible assets are considered as a group of complementary assets that is referred to as a brand for which one fair value is determined. Expenditure on internally generated brands is expensed as incurred. Software Purchased software is measured at cost less accumulated amortization. Expenditure on internally developed software is capitalized when the expenditure qualifies as development activities; otherwise, it is recognized in the income statement when incurred. Amortization related to software is included in cost of sales, distribution expenses, sales and marketing expenses or administrative expenses based on the activity the software supports. Other intangible assets Other intangible assets, acquired by the company, are recognized at cost less accumulated amortization and impairment losses. Other intangible assets also include multi-year sponsorship rights acquired by the company. These are initially recognized at the present value of the future payments and subsequently measured at cost less accumulated amortization and impairment losses. Subsequent expenditure Subsequent expenditure on capitalized intangible assets is capitalized only when it increases the future economic benefits embodied in the specific asset to which it relates. All other expenditures are expensed as incurred. Amortization Intangible assets with a finite life are amortized using the straight-line method over their estimated useful lives. Licenses, brewing, supply and distribution rights are amortized over the period in which the rights exist. Brands are considered to have an indefinite life unless plans exist to discontinue the brand. Discontinuance of a brand can be either through sale or termination of marketing support. When AB InBev purchases distribution rights for its own products the life of these rights is considered indefinite, unless the company have a plan to discontinue the related brand or distribution. Software and capitalized development costs related to technology are amortized generally over 3 to 5 years. Brands are deemed intangible assets with indefinite useful lives and, therefore, are not amortized but tested for impairment on an annual basis (refer to accounting policy O). Gains and losses on sale Net gains on sale of intangible assets are presented in the income statement as other operating income. Net losses on sale are included as other operating expenses. Net gains and losses are recognized in the income statement when the control has been transferred to the buyer, recovery of the consideration is probable, the associated costs can be estimated reliably, and there is no continuing managerial involvement with the intangible assets.
BUSINESS COMBINATIONS	(H) BUSINESS COMBINATIONS The company applies the acquisition method of accounting to account for acquisitions of businesses. The cost of an acquisition is measured as the aggregate of the fair values at the date of exchange of the assets given, liabilities incurred, and equity instruments issued. Identifiable assets, liabilities and contingent liabilities acquired or assumed are measured separately at their fair value as of the acquisition date. The excess of the cost of the acquisition over the company’s interest in the fair value of the identifiable net assets acquired is recorded as goodwill. The allocation of fair values to the identifiable assets acquired and liabilities assumed is based on various assumptions requiring management judgment. Acquisition-related costs are expensed as incurred. If the business combination is achieved in stages, the acquisition date carrying value of AB InBev’s previously held interest in the acquiree is re-measured re-measurement
GOODWILL	(I) GOODWILL Goodwill is determined as the excess of the consideration paid over AB InBev’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the acquired subsidiary, jointly controlled entity or associate recognized at the date of acquisition. All business combinations are accounted for by applying the purchase method. In conformity with IFRS 3 Business Combinations year-end If AB InBev’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities recognized exceeds the cost of the business combination such excess is recognized immediately in the income statement as required by IFRS 3 Business Combinations
PROPERTY, PLANT AND EQUIPMENT	(J) PROPERTY, PLANT AND EQUIPMENT Property, plant and equipment is measured at cost less accumulated depreciation and impairment losses (refer to accounting policy O). Cost includes the purchase price and any costs directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management (e.g., nonrefundable tax and transport cost). The cost of a self-constructed Borrowing costs directly attributable to the acquisition, construction or production of qualifying assets are capitalized as part of the cost of such assets. Subsequent expenditure The company recognizes in the carrying amount of an item of property, plant and equipment the cost of replacing part of such an item when that cost is incurred if it is probable that the future economic benefits embodied with the item will flow to the company and the cost of the item can be measured reliably. All other costs are expensed as incurred. Depreciation The depreciable amount is the cost of an asset less its residual value. Residual values, if not insignificant, are reassessed annually. Depreciation is calculated from the date the asset is available for use, using the straight-line method over the estimated useful lives of the assets. The estimated useful lives are defined in terms of the asset’s expected utility to the company and can vary from one geographical area to another. On average the estimated useful lives are as follows: Industrial buildings – other real estate properties 20 - 50 years Production plant and equipment: Production equipment 10 - 15 years Storage, packaging and handling equipment 5 - 7 years Returnable packaging: Kegs 2 - 10 years Crates 2 - 10 years Bottles 2 - 5 years Point of sale furniture and equipment 5 years Vehicles 5 years Information processing equipment 3 - 10 years Where parts of an item of property, plant and equipment have different useful lives, they are accounted for as separate items of property, plant and equipment. Land is not depreciated as it is deemed to have an indefinite life. Gains and losses on sale Net gains on sale of items of property, plant and equipment are presented in the income statement as other operating income. Net losses on sale are presented as other operating expenses. Net gains and losses are recognized in the income statement when the control has been transferred to the buyer, recovery of the consideration is probable, the associated costs can be estimated reliably, and there is no continuing managerial involvement with the property, plant and equipment.
ACCOUNTING FOR LEASES	(K) LEASES The company as lessee The company assesses whether a contract is or contains a lease at inception of a contract. The company recognizes a right-of-use The lease liability is initially measured at the present value of the lease payments that are not paid at the commencement date, discounted by using the rate implicit in the lease. If this rate cannot be readily determined, the company uses its incremental borrowing rate specific to the country, term and currency of the contract. In addition, the company considers its recent debt issuances as well as publicly available data for instruments with similar characteristics when calculating the incremental borrowing rates. Lease payments include fixed payments, less any lease incentives, variable lease payments that depend on an index or a rate known at the commencement date, and purchase options or extension option payments if the company is reasonably certain to exercise these options. Variable lease payments that do not depend on an index or rate are not included in the measurement of the lease liability and right-of-use A lease liability is remeasured upon a change in the lease term, changes in an index or rate used to determine the lease payments or reassessment of exercise of a renewal and/or purchase option. The corresponding adjustment is made to the related right-of-use The right-of-use right-of-use The lease liability is presented in the ‘Interest-bearing loans and borrowings’ line and the right-of-use The company as lessor Leases where the company transfers substantially all the risks and rewards of ownership to the lessee are classified as finance leases. Leases of assets under which all the risks and rewards of ownership are substantially retained by the company are classified as operating leases. Rental income is recognized in other operating income on a straight-line basis over the term of the lease.
INVENTORIES	(L) INVENTORIES Inventories are valued at the lower of cost and net realizable value. Cost includes expenditure incurred in acquiring the inventories and bringing them to their existing location and condition. The weighted average method is used in assigning the cost of inventories. The cost of finished products and work in progress comprises raw materials, other production materials, direct labor, other direct cost and an allocation of fixed and variable overhead based on normal operating capacity. Net realizable value is the estimated selling price in the ordinary course of business, less the estimated completion and selling costs. Inventories are written down on a case-by-case
TRADE AND OTHER RECEIVABLES	(M) TRADE AND OTHER RECEIVABLES Trade receivables are amounts due from customers for goods sold or services performed in the ordinary course of business and generally due for settlement within 30 days Trade and other receivables are carried at amortized cost less impairment losses. To determine the appropriate amount to be impaired factors such as significant financial difficulties of the debtor, probability that the debtor will default, enter into bankruptcy or financial reorganization, or delinquency in payments are considered. Other receivables are initially recognized at fair value and subsequently measured at amortized cost. Any impairment losses and foreign exchange results are directly recognized in profit or loss.
CASH AND CASH EQUIVALENTS	(N) CASH AND CASH EQUIVALENTS Cash and cash equivalents include all cash balances and short-term highly liquid investments with a maturity of three months or less from the date of acquisition that are readily convertible into cash. They are stated at face value, which approximates their fair value. In the cash flow statement, cash and cash equivalents are presented net of bank overdrafts.
IMPAIRMENT	(O) IMPAIRMENT The carrying amounts of property, plant and equipment, goodwill and intangible assets are reviewed at each balance sheet date to determine whether there is any indication of impairment. If there is an indicator of impairment, the asset’s recoverable amount is estimated. In addition, goodwill, intangible assets that are not yet available for use and intangibles with an indefinite useful life are tested for impairment annually at the cash-generating unit level (that is a country or group of countries managed as a group below a reporting region). An impairment loss is recognized whenever the carrying amount of an asset or the related cash-generating unit exceeds its recoverable amount. Impairment losses are recognized in the income statement. Calculation of recoverable amount The recoverable amount of non-financial Impairment losses recognized in respect of cash-generating units firstly reduce allocated goodwill and then the carrying amounts of the other assets in the unit on a pro rata basis. Reversal of impairment losses Non-financial
FAIR VALUE MEASUREMENT	(P) FAIR VALUE MEASUREMENT A number of AB InBev’s accounting policies and notes require fair value measurement for both financial and non-financial Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. When measuring fair value, AB InBev uses observable market data as far as possible. Fair values are categorized into different levels in a fair value hierarchy based on the inputs used in the valuation techniques as follows: • Level 1: inputs are unadjusted quoted prices in active markets for identical assets or liabilities. • Level 2: inputs are observable either directly (i.e., as prices) or indirectly (i.e., derived from prices). • Level 3: fair value measurements incorporate significant inputs that are based on unobservable market data. If the inputs used to measure the fair value of an asset or liability fall into different levels of the fair value hierarchy, then the fair value measurement is categorized in its entirety in the same level of the fair value hierarchy as the lowest level input that is significant to the entire measurement. The company applies fair value measurement to the instruments listed below. Derivatives The fair value of exchange traded derivatives (e.g., exchange traded foreign currency futures) is determined by reference to the official prices published by the respective exchanges (e.g., the New York Board of Trade). The fair value of over-the-counter Debt securities This category includes both debt securities designated at FVOCI and FVPL. The fair value is measured using observable inputs such as interest rates and foreign exchange rates. When it pertains to instruments that are publicly traded, the fair value is determined by reference to observable quotes. In circumstances where debt securities are not publicly traded, the main valuation technique is the discounted cash flow. The company may apply other valuation techniques or combination of valuation techniques if the fair value results are more relevant. Equity securities designated as at FVOCI Investments in equity securities comprise quoted and unquoted securities. When liquid quoted prices are available, these are used to fair value investments in quoted securities. The unquoted securities are fair valued using primarily the discounted cash flow method. Non-derivative The fair value of non-derivative
SHARE CAPITAL	(Q) SHARE CAPITAL Repurchase of share capital When AB InBev buys back its own shares, the amount of the consideration paid, including directly attributable costs, is recognized as a deduction from equity under treasury shares. Dividends Dividends paid are recognized in the consolidated financial statements on the date that the dividends are declared unless minimum statutory dividends are required by local legislation or the bylaws of the company’s subsidiaries. In such instances, statutory minimum dividends are recognized as a liability. Share issuance costs Incremental costs directly attributable to the issue of new shares or options are shown in equity as a deduction, net of tax, from the proceeds.
PROVISIONS	(R) PROVISIONS Provisions are recognized when (i) the company has a present legal or constructive obligation as a result of past events, (ii) it is probable that an outflow of resources embodying economic benefits will be required to settle the obligation, and (iii) a reliable estimate of the amount of the obligation can be made. Provisions are determined by discounting the expected future cash flows at a pre-tax Restructuring A provision for restructuring is recognized when the company has approved a detailed and formal restructuring plan, and the restructuring has either commenced or has been announced publicly. Costs relating to the ongoing activities of the company are not provided for. The provision includes the benefit commitments in connection with early retirement and redundancy schemes. Onerous contracts A provision for onerous contracts is recognized when the expected benefits to be derived by the company from a contract are lower than the unavoidable cost of meeting its obligations under the contract. Such provision is measured at the present value of the lower of the expected cost of terminating the contract and the expected net cost of continuing with the contract. Disputes and Litigations A provision for disputes and litigation is recognized when it is more likely than not that the company will be required to make future payments as a result of past events, such items may include but are not limited to, several claims, suits and actions relating to antitrust laws, violations of distribution and license agreements, environmental matters, employment related disputes, claims from tax authorities related to indirect taxes, and alcohol industry litigation matters.
EMPLOYEE BENEFITS	(S) EMPLOYEE BENEFITS Post-employment benefits Post-employment benefits include pensions, post-employment life insurance and post-employment medical benefits. The company operates a number of defined benefit and defined contribution plans throughout the world, the assets of which are generally held in separate trustee-managed funds. The pension plans are generally funded by payments from employees and the company, and, for defined benefit plans taking account of the recommendations of independent actuaries. AB InBev maintains funded and unfunded pension plans. a) Defined contribution plans Contributions to defined contribution plans are recognized as an expense in the income statement when incurred. A defined contribution plan is a pension plan under which AB InBev pays fixed contributions into a fund. AB InBev has no legal or constructive obligations to pay further contributions if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods. b) Defined benefit plans A defined benefit plan is a pension plan that is not a defined contribution plan. Typically, defined benefit plans define an amount of pension benefit that an employee will receive on retirement, usually dependent on one or more factors such as age, years of service and compensation. For defined benefit plans, the pension expenses are assessed separately for each plan using the projected unit credit method. The projected unit credit method considers each period of service as giving rise to an additional unit of benefit entitlement. Under this method, the cost of providing pensions is charged to the income statement so as to spread the regular cost over the service lives of employees in accordance with the advice of qualified actuaries who carry out a full valuation of the plans at least every three years. The amounts charged to the income statement include current service cost, net interest cost (income), past service costs and the effect of any curtailments or settlements. Past service costs are recognized at the earlier of when the amendment / curtailment occurs or when the company recognizes related restructuring or termination costs. The pension obligations recognized in the balance sheet are measured at the present value of the estimated future cash outflows using interest rates based on high quality corporate bond yields, which have terms to maturity approximating the terms of the related liability, less the fair value of any plan assets. Re-measurements, Re-measurements Where the calculated amount of a defined benefit liability is negative (an asset), AB InBev recognizes such pension asset to the extent that economic benefits are available to AB InBev either from refunds or reductions in future contributions. Other post-employment obligations Some of AB InBev’s companies provide post-employment medical benefits to their retirees. The entitlement to these benefits is usually based on the employee remaining in service up to retirement age. The expected costs of these benefits are accrued over the period of employment, using an accounting methodology similar to that for defined benefit pension plans. Termination benefits Termination benefits are recognized as an expense at the earlier when the company is demonstrably committed, without realistic possibility of withdrawal, to a formal detailed plan to terminate employment before the normal retirement date and when the company recognizes costs for a restructuring. Termination benefits for voluntary redundancies are recognized if the company has made an offer encouraging voluntary redundancy and when the company can no longer withdraw the offer of termination, which is the earlier of either when the employee accepts the offer or when a legal, regulatory or contractual requirement or restriction on the company’s ability to withdraw the offer takes effect. Bonuses Bonuses received by company employees and management are based on pre-defined
SHARE-BASED PAYMENTS	(T) SHARE-BASED PAYMENTS Different share and share option programs allow company senior management and members of the board to acquire shares of the company and some of its affiliates. The fair value of the share options is estimated at grant date, using an option pricing model that is most appropriate for the respective option. Based on the expected number of options that will vest, the fair value of the options granted is expensed over the vesting period. When the options are exercised, equity is increased by the amount of the proceeds received. Equity-settled share-based payment transactions with parties other than employees are measured at the fair value of the goods or services received, except where that fair value cannot be estimated reliably, in which case they are measured at the fair value of the equity instruments granted, measured at the date the company obtains the goods or the counterparty renders the service.
INTEREST-BEARING LOANS AND BORROWINGS	(U) INTEREST-BEARING LOANS AND BORROWINGS Interest-bearing loans and borrowings are recognized initially at fair value, less attributable transaction costs. Subsequent to initial recognition, interest-bearing loans and borrowings are stated at amortized cost with any difference between the initial amount and the maturity amount being recognized in the income statement (in accretion expense) over the expected life of the instrument on an effective interest rate basis.
TRADE AND OTHER PAYABLES	(V) TRADE AND OTHER PAYABLES Trade and other payables are recognized initially at fair value and subsequently measured at amortized cost using the effective interest method.
INCOME TAX	(W) INCOME TAX Income tax on the profit for the year comprises current and deferred tax. Income tax is recognized in the income statement except to the extent that it relates to items recognized directly in equity, in which case the tax effect is also recognized directly in equity. Current tax is the expected tax payable on the taxable income for the year, using tax rates enacted, or substantively enacted, at the balance sheet date, and any adjustment to tax payable in respect of previous years. In accordance with IAS 12 Income Taxes so-called Deferred tax assets and liabilities are offset if there is a legally enforceable right to offset current tax liabilities and assets, and they relate to income taxes levied by the same tax authority on the same taxable entity, or on different taxable entities which intend either to settle current tax liabilities and assets on a net basis, or to realize the assets and settle the liabilities simultaneously. The company recognizes deferred tax assets, including assets arising from losses carried forward, to the extent that future probable taxable profit will be available against which the deferred tax asset can be utilized. A deferred tax asset is reduced to the extent that it is no longer probable that the related tax benefit will be realized. The company presents income tax provisions in income tax liabilities. Assets and liabilities for uncertain tax treatments are presented as current tax assets/liabilities or deferred tax assets/liabilities.
INCOME RECOGNITION	(X) INCOME RECOGNITION Goods sold Revenue is measured based on the consideration to which the company expects to be entitled in a contract with a customer and excludes amounts collected on behalf of third parties. The company recognizes revenue when performance obligations are satisfied, meaning when the company transfers control of a product to a customer. Specifically, revenue recognition follows the following five-step approach: • Identification of the contracts with a customer • Identification of the performance obligations in the contracts • Determination of the transaction price • Allocation of the transaction price to the performance obligations in the contracts • Revenue recognition when performance obligations are satisfied Revenue from the sale of goods is measured at the amount that reflects the best estimate of the consideration expected to receive in exchange for those goods. Contracts can include significant variable elements, such as discounts, rebates, refunds, credits, price concessions, incentives, performance bonuses and penalties. Such trade incentives are treated as variable consideration. If the consideration includes a variable amount, the company estimates the amount of consideration to which it will be entitled in exchange for transferring the promised goods or services to the customer. Variable consideration is only included in the transaction price if it is highly probable that the amount of revenue recognized would not be subject to significant future reversals when the uncertainty is resolved. Royalty income The company recognizes the sales-based or usage-based royalties in other operating income when the later of the following events occurs: (a) the customer’s subsequent sales or usage; and (b) the performance obligation to which some or all of the sales-based or usage-based royalty has been allocated has been satisfied (or partially satisfied). Rental income Rental income is recognized in other operating income on a straight-line basis over the term of the lease. Government grants A government grant is recognized in the balance sheet initially as deferred income when there is reasonable assurance that it will be received and that the company will comply with the conditions attached to it. Grants that compensate the company for expenses incurred are recognized as other operating income on a systematic basis in the same periods in which the expenses are incurred. Grants that compensate the company for the acquisition of an asset are presented by deducting them from the acquisition cost of the related asset. Finance income Finance income comprises interest received or receivable on funds invested, dividend income, foreign exchange gains, losses on currency hedging instruments offsetting currency gains, gains on hedging instruments that are not part of a hedge accounting relationship, gains on financial assets measured at FVPL as well as any gains from hedge ineffectiveness (refer to accounting policy Z). Interest income is recognized as it accrues (taking into account the effective yield on the asset) unless collectability is in doubt. Dividend income Dividend income is recognized in the income statement on the date that the dividend is declared.
EXPENSES	(Y) EXPENSES Finance costs Finance costs comprise interest payable on borrowings, calculated using the effective interest rate method, foreign exchange losses, gains on currency hedging instruments offsetting currency losses, results on interest rate hedging instruments, losses on hedging instruments that are not part of a hedge accounting relationship, losses on financial assets classified as trading, impairment losses on financial assets as well as any losses from hedge ineffectiveness (refer to accounting policy Z). All interest costs incurred in connection with borrowings or financial transactions are expensed as incurred as part of finance costs. Any difference between the initial amount and the maturity amount of interest-bearing loans and borrowings, such as transaction costs and fair value adjustments, are recognized in the income statement (in accretion expense) over the expected life of the instrument on an effective interest rate basis (refer to accounting policy V). The interest expense component of lease payments is also recognized in the income statement (in accretion expense) using the effective interest rate method. Research and development, advertising and promotional costs and systems development costs Research, advertising and promotional costs are expensed in the year in which these costs are incurred. Development costs and systems development costs are expensed in the year in which these costs are incurred if they do not meet the criteria for capitalization (refer to accounting policy G). Purchasing, receiving and warehousing costs Purchasing and receiving costs are included in the cost of sales, as well as the costs of storing and moving raw materials and packaging materials. The costs of storing finished products at the brewery as well as costs incurred for subsequent storage in distribution centers are included within distribution expenses.
FINANCIAL INSTRUMENTS AND HEDGE ACCOUNTING	(Z) FINANCIAL INSTRUMENTS AND HEDGE ACCOUNTING AB InBev uses derivative financial instruments to mitigate the transactional impact of foreign currencies, interest rates, equity prices and commodity prices on the company’s performance. AB InBev’s financial risk management policy prohibits the use of derivative financial instruments for trading purposes and the company does therefore not hold or issue any such instruments for such purposes. Classification and measurement Except for certain trade receivables, the company initially measures a financial asset at its fair value plus, in the case of a financial asset not at fair value through profit or loss, transaction costs directly attributable to the acquisition or issue of the financial asset. Debt financial instruments are subsequently measured at amortized cost, FVOCI or FVPL. The classification is based on two criteria: the objective of the company’s business model for managing the assets; and whether the instruments’ contractual cash flows represent ‘solely payments of principal and interest’ on the principal amount outstanding (the ‘SPPI criterion’). The classification and measurement of the company’s financial assets is as follows: • Debt instruments at amortized cost: • Debt instruments at FVOCI with gains or losses recycled to profit or loss on derecognition: • Equity instruments designated at FVOCI, with no recycling of gains or losses to profit or loss on derecognition instrument-by-instrument non-monetary • Financial assets and liabilities at FVPL Hedge accounting The company designates certain derivatives as hedging instruments to hedge the variability in cash flows associated with highly probable forecast transactions arising from changes in foreign exchange rates, interest rates and commodity prices. To hedge changes in the fair value of recognized assets, liabilities and firm commitments, the company designates certain derivatives as part of fair value hedge. The company also designates certain derivatives and non-derivative At the inception of the hedging relationships, the company documents the risk management objective and strategy for undertaking the hedge. Hedge effectiveness is measured at the inception of the hedge relationship and through periodic prospective effectiveness assessments to ensure that an economic relationship exists between hedged item and hedging instrument. For the different type of hedges in place, the company generally enters into hedge relationships where the critical terms of the hedging instrument match exactly the terms of the hedged item. Therefore, the hedge ratio is typically 1:1. The company performs a qualitative assessment of effectiveness. In circumstances where the terms of the hedged item no longer exactly match the critical terms of the hedging instrument, the company uses a hypothetical derivative method to assess effectiveness. Possible sources of ineffectiveness are changes in the timing of the forecasted transaction, changes in the quantity of the hedged item or changes in the credit risk of either parties to the derivative contract. Cash flow hedge accounting Cash flow hedge accounting is applied when a derivative hedges the variability in cash flows of a highly probable forecasted transaction, foreign currency risk of a firm commitment or a recognized asset or liability (such as variable interest rate instrument). When the hedged forecasted transaction or firm commitment subsequently results in the recognition of a non-financial non-financial For all other hedged transactions, the amount accumulated in the hedging reserves is reclassified to profit or loss in the same period during which the hedged item affects profit or loss (e.g., when the variable interest expense is recognized). When a hedging instrument or hedge relationship is terminated but the hedged transaction is still expected to occur, the cumulative gain or loss (at that point) remains in equity and is reclassified to profit or loss when the hedged transaction occurs. If the hedged transaction is no longer expected to occur, the cumulative gain or loss recognized in other comprehensive income is reclassified to profit or loss immediately. Any ineffectiveness is recognized immediately in profit or loss. Fair value hedge accounting When a derivative hedges the variability in fair value of a recognized asset or liability (such as a fixed rate instrument) or a firm commitment, any resulting gain or loss on the hedging instrument is recognized in the profit or loss. The carrying amount of the hedged item is also adjusted for fair value changes in respect of the risk being hedged, with any gain or loss being recognized in profit or loss. The fair value adjustment to the carrying amount of the hedged item is amortized to profit or loss from the date of discontinuation. Net investment hedge accounting When a non-derivative When a derivative financial instrument hedges a net investment in a foreign operation, the portion of the gain or the loss on the hedging instrument that is determined to be effective is recognized directly in other comprehensive income (translation reserves) and is reclassified to profit or loss upon disposal of the foreign operation, while the ineffective portion is reported in profit or loss. Offsetting Financial assets and financial liabilities are offset, and the net amount presented in the statement of financial position when, and only when, the company has a currently legally enforceable right to set off the amounts and it intends either to settle them on a net basis or to realize the asset and settle the liability simultaneously.
SEGMENT REPORTING	(AA) SEGMENT REPORTING Operating segments are components of the company’s business activities about which separate financial information is available that is evaluated regularly by senior management. The company has six operating segments. AB InBev’s operating segment reporting format is geographical because the company’s risks and rates of return are affected predominantly by the fact that AB InBev operates in different geographical areas. The company’s management structure and internal reporting system to the Board of Directors is set up accordingly. The company’s five geographic regions are North America, Middle Americas, South America, EMEA and Asia Pacific. The aggregation criteria applied are based on similarities in the economic indicators (e.g., margins) that have been assessed in determining that the aggregated operating segments share similar economic characteristics, as prescribed in IFRS 8. Furthermore, management assessed additional factors such as management’s views on the optimal number of reporting segments, AB InBev historical geographies, peer comparison (e.g., Asia Pacific and EMEA being a commonly reported regions amongst the company’s peers), as well as management’s view on the optimal balance between practical and more granular information. The results of Global Export and Holding Companies, which includes the company’s global headquarters and the export businesses in countries in which AB InBev has no operations are reported separately. The company’s five geographic regions plus the Global Export and Holding Companies comprise the company’s six reportable segments for financial reporting purposes. Segment capital expenditure is the total cost incurred during the period to acquire property, plant and equipment, and intangible assets other than goodwill.
EXCEPTIONAL ITEMS	(BB) EXCEPTIONAL ITEMS Exceptional items are those that in management’s judgment need to be disclosed separately by virtue of their size or incidence. Such items are disclosed on the face of the consolidated income statement or separately disclosed in the notes to the financial statements. Transactions which may give rise to exceptional items are principally restructuring activities, impairments, gains or losses on disposal of investments and the effect of the accelerated repayment of certain debt facilities.
DISCONTINUED OPERATIONS AND NON-CURRENT ASSETS HELD FOR SALE	(CC) DISCONTINUED OPERATIONS AND NON-CURRENT A discontinued operation is a component of the company that either has been disposed of or is classified as held for sale and represents a separate major line of business or geographical area of operations and is part of a single coordinated plan to dispose of or is a subsidiary acquired exclusively with a view to resale. AB InBev classifies a non-current non-current re-measurement. Non-current
RECENTLY ISSUED IFRS	(DD) RECENTLY ISSUED IFRS To the extent that new IFRS requirements are expected to be applicable in the future, they have not been applied in preparing these consolidated financial statements for the year ended 31 December 2021. A number of amendments to standards are effective for annual periods beginning after 1 January 2021 and have not been discussed either because of their non-applicability

Summary of significant accoun_3

Summary of significant accounting policies (Tables)	12 Months Ended
	Dec. 31, 2021
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Summary of Exchange Rates	The most important exchange rates that have been used in preparing the financial statements are: Closing rate Average rate 1 US dollar equals: 31 December 2021 31 December 2020 31 December 2019 31 December 2021 31 December 2020 31 December 2019 Argentinean peso 102.749214 84.143520 59.890668 — — — Brazilian real 5.580497 5.196694 4.030696 5.368651 5.133082 3.940998 Canadian dollar 1.270792 1.273981 1.299449 1.249693 1.346594 1.329140 Colombian peso 3 977.14 3 438.52 3 272.63 3 741.19 3 689.50 3 305.84 Chinese yuan 6.352382 6.537798 6.961461 6.456753 6.947936 6.886265 Euro 0.882924 0.814930 0.890155 0.841767 0.878101 0.892577 Mexican peso 20.583378 19.948838 18.845242 20.339905 21.182539 19.334915 Pound sterling 0.741903 0.732646 0.757344 0.725564 0.780195 0.784062 Peruvian nuevo sol 3.976006 3.621009 3.317006 3.877055 3.491580 3.346670 South Korean won 1 188.32 1 088.02 1 154.54 1 139.06 1 185.02 1 160.69 South African rand 15.947907 14.686598 14.044287 14.873785 16.213180 14.512975
Summary of Estimated Useful Live of Assets Expected Utility	The estimated useful lives are defined in terms of the asset’s expected utility to the company and can vary from one geographical area to another. On average the estimated useful lives are as follows: Industrial buildings – other real estate properties 20 - 50 years Production plant and equipment: Production equipment 10 - 15 years Storage, packaging and handling equipment 5 - 7 years Returnable packaging: Kegs 2 - 10 years Crates 2 - 10 years Bottles 2 - 5 years Point of sale furniture and equipment 5 years Vehicles 5 years Information processing equipment 3 - 10 years

Segment reporting (Tables)

Segment reporting (Tables)	12 Months Ended
	Dec. 31, 2021
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Summary of Segment Reporting	All figures in the tables below are stated in million US dollar, except volume (million hls). North America Middle Americas South America EMEA Asia Pacific 2021 2020 2019 2021 2020 2019 2021 2020 2019 2021 2020 2019 2021 2020 2019 Volume 107 107 108 141 121 134 157 144 140 87 76 86 88 82 93 Revenue 16 257 15 622 15 488 12 541 10 032 11 912 9 494 8 092 9 790 8 032 6 835 7 911 6 848 5 648 6 544 Profit from operations 5 110 5 147 5 341 4 888 3 885 5 384 2 305 2 350 3 094 1 472 (1 722 ) 1 746 1 569 1 062 1 598 Net finance income/(cost) Share of results of associates and joint ventures Income tax expense Profit Profit from Profit/(loss) Segment assets (non-current) 63 722 63 765 63 725 67 516 72 331 76 168 12 917 12 348 13 452 34 098 35 578 39 442 13 453 13 845 13 450 Gross capex 868 646 679 1 307 829 1 286 1 154 727 1 063 1 051 768 1 208 605 508 626 FTE 19 691 20 281 20 040 51 969 48 751 52 412 42 209 40 630 41 603 22 215 22 357 23 804 26 095 26 510 29 482 Global Export and Holding companies AB InBev Worldwide 2021 2020 2019 2021 2020 2019 Volume 2 1 1 582 531 561 Revenue 1 133 652 685 54 304 46 881 52 329 Profit from operations (1 520 ) (1 103 ) (1 064 ) 13 824 9 620 16 098 Net finance income/(cost) (5 609 ) (7 697 ) (3 473 ) Share of results of associates and joint ventures 248 156 152 Income tax expense (2 350 ) (1 932 ) (2 786 ) Profit from continuing operations 6 114 147 9 990 Profit from discontinued operations — 2 055 424 Profit/(loss) 6 114 2 202 10 414 Segment assets (non-current) 1 973 2 024 1 597 193 678 199 891 207 834 Gross capex 655 303 312 5 640 3 781 5 174 FTE 7 160 5 166 4 574 169 339 163 695 171 915

Acquisitions and disposals of_2

Acquisitions and disposals of subsidiaries (Tables)	12 Months Ended
	Dec. 31, 2021
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Summary of Impact of Acquisitions and Disposals on Consolidated Statements	The table below summarizes the impact of acquisitions and disposals on the statement of financial position and cash flows of AB InBev for the year ended 31 December 2021 and 31 December 2020: Million US dollar 2021 Acquisitions 2020 Acquisitions 2021 Disposals 2020 Disposals Non-current assets Property, plant and equipment 2 149 (5 ) — Intangible assets — 162 — — Investments in associates — (7 ) — — Current assets Inventories — 33 (7 ) — Trade and other receivables 1 9 (6 ) — Cash and cash equivalents 5 5 (5 ) — Non-current Interest-bearing loans and borrowings — (74 ) — — Trade and other payables — (34 ) — — Deferred tax liabilities — (6 ) — — Current liabilities Interest-bearing loans and borrowings — (4 ) — — Trade and other payables (5 ) (59 ) 10 — Net identifiable assets and liabilities 3 174 (13 ) — Non-controlling — — — — Goodwill on acquisitions and goodwill disposed of — 185 — — Loss/(gain) on disposal — — 1 — Consideration to be (paid)/received — (14 ) — — Net cash paid/(received) on prior years acquisitions/(disposals) 453 170 — — Consideration paid/(received) 456 515 (12 ) — Cash (acquired)/disposed of (5 ) (5 ) 5 — Net cash outflow / (inflow) 451 510 (7 ) —

Other operating income_(expen_2

Other operating income/(expenses) (Tables)	12 Months Ended
	Dec. 31, 2021
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Summary of Other Operating Income/(Expenses)	Million US dollar 2021 2020 2019 Brazilian tax credits 226 481 — Government grants 322 227 280 Net gain on disposal of property, plant and equipment, intangible assets and assets held for sale 65 56 172 License income 25 22 30 Net (additions to)/reversals of provisions (1 ) (14 ) (10 ) Net rental and other operating income 168 72 402 Other operating income/(expenses) 805 845 875

Exceptional items (Tables)

Exceptional items (Tables)	12 Months Ended
	Dec. 31, 2021
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Summary of Exceptional Items Included in Income Statement	The exceptional items included in the income statement are as follows: Million US dollar 2021 2020 2019 COVID-19 (105 ) (182 ) — Restructuring (172 ) (157 ) (170 ) Business and asset disposal (including impairment losses) (247 ) (239 ) (50 ) Acquisition costs business combinations (17 ) (25 ) (23 ) Zenzele Kabili costs (72 ) — — Impairment of goodwill — (2 500 ) — Brazil State tax regularization program — — (74 ) Cost related to public offering of minority stake in Budweiser APAC — — (6 ) Impact on profit from operations (614 ) (3 103 ) (323 ) Gain on divestiture of Australia (discontinued operations) — 1 919 — Impact on profit (614 ) (1 184 ) (323 )

Payroll and related benefits (T

Payroll and related benefits (Tables)	12 Months Ended
	Dec. 31, 2021
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Summary of Payroll and Related Benefits	Million US dollar 2021 2020 2019 Wages and salaries (4 734 ) (4 124 ) (4 563 ) Social security contributions (670 ) (582 ) (683 ) Other personnel cost (706 ) (637 ) (678 ) Pension expense for defined benefit plans (176 ) (218 ) (193 ) Share-based payment expense (510 ) (169 ) (340 ) Contributions to defined contribution plans (147 ) (91 ) (101 ) Payroll and related benefits (6 944 ) (5 821 ) (6 558 )
Summary of Number of Full Time Equivalents	The number of full-time equivalents can be split as follows: 2021 2020 2019 AB InBev NV/SA (parent company) 214 204 204 Other subsidiaries 169 125 163 491 171 711 Total number of FTE 169 339 163 695 171 915

Additional information on ope_2

Additional information on operating expenses by nature (Tables)	12 Months Ended
	Dec. 31, 2021
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Summary of Depreciation, Amortization and Impairment Charges	Depreciation, amortization and impairment charges are included in the following line items of the 2021 consolidated income statement: Million US dollar Depreciation and Amortization and Depreciation and impairment of right- of-use Impairment of Cost of sales 2 782 91 39 — Distribution expenses 136 10 176 — Sales and marketing expenses 319 223 249 — Administrative expenses 306 327 110 — Other operating expenses 3 — — — Exceptional items — — — 281 Depreciation, amortization and impairment 3 546 651 574 281 Depreciation, amortization and impairment charges are included in the following line items of the 2020 consolidated income statement: Million US dollar Depreciation and Amortization and Depreciation and impairment of right- of-use Impairment of Cost of sales 2 599 91 42 — Distribution expenses 141 3 108 — Sales and marketing expenses 339 291 224 — Administrative expenses 310 323 125 — Other operating expenses 3 — — — Exceptional items — — — 2 733 Depreciation, amortization and impairment 3 392 708 499 2 733 Depreciation, amortization and impairment charges are included in the following line items of the 2019 consolidated income statement: Million US dollar (restated) Depreciation and Amortization and Depreciation and impairment of right- of-use Impairment of Cost of sales 2 751 86 11 — Distribution expenses 155 4 191 — Sales and marketing expenses 379 247 160 — Administrative expenses 277 290 98 — Other operating expenses 8 — — — Depreciation, amortization and impairment 3 570 627 460 —

Finance cost and income (Tables

Finance cost and income (Tables)	12 Months Ended
	Dec. 31, 2021
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Summary of Finance Cost and Income Included in Income Statement	The finance cost and income included in the income statement are as follows: Million US dollar 2021 2020 2019 Interest expense (3 684 ) (4 016 ) (4 168 ) Capitalization of borrowing costs 10 12 19 Net interest on net defined benefit liabilities (73 ) (82 ) (95 ) Accretion expense (593 ) (564 ) (650 ) Net losses on hedging instruments that are not part of a hedge accounting relationship (562 ) (502 ) (393 ) Net foreign exchange results (net of the effect of foreign exchange derivative instruments) (101 ) — (180 ) Tax on financial transactions (73 ) (103 ) (79 ) Net mark-to-market (23 ) (1 211 ) — Other financial costs, including bank fees (135 ) (135 ) (225 ) Finance cost excluding exceptional items (5 234 ) (6 601 ) (5 771 ) Exceptional finance cost (806 ) (1 818 ) (222 ) Finance cost (6 040 ) (8 419 ) (5 993 ) Interest income 113 150 292 Interest income on Brazilian tax credits 118 315 118 Hyperinflation monetary adjustments 152 76 86 Net mark-to-market — — 898 Net foreign exchange results (net of the effect of foreign exchange derivative instruments) — 43 — Other financial income 48 58 21 Finance income excluding exceptional items 431 642 1 415 Exceptional finance income — 80 1 104 Finance income 431 722 2 519 Net finance income/(cost) excluding exceptional items (4 803 ) (5 959 ) (4 355 ) Net finance income/(cost) (5 609 ) (7 697 ) (3 473 )
Summary of Interest Income	The interest income stems from the following financial assets: Million US dollar 2021 2020 2019 Cash and cash equivalents 85 103 237 Investment debt securities held for trading 16 1 9 Other loans and receivables 11 46 46 Total 113 150 292

Income taxes (Tables)

Income taxes (Tables)	12 Months Ended
	Dec. 31, 2021
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Summary of Income Taxes	Income taxes recognized in the income statement can be detailed as follows: Million US dollar 2021 2020 2019 Current year (2 857 ) (2 082 ) (2 863 ) (Underprovided)/overprovided in prior years 159 119 58 Current tax expense (2 698 ) (1 963 ) (2 805 ) Origination and reversal of temporary differences 319 (30 ) (21 ) (Utilization)/recognition of deferred tax assets on tax losses 24 13 13 Recognition of previously unrecognized tax losses 5 48 27 Deferred tax (expense)/income 348 31 19 Total income tax expense (2 350 ) (1 932 ) (2 786 )
Summary of Reconciliation of Effective Tax Rate with Aggregated Weighted Nominal Tax Rate	The reconciliation of the effective tax rate with the aggregated weighted nominal tax rate can be summarized as follows: Million US dollar 2021 2020 2019 Profit/(loss) before tax 8 463 2 08 12 776 Deduct share of results of associates and joint ventures 248 156 152 Profit/(loss) before tax and before share of results of associates and joint 8 215 1 924 12 624 Adjustments to the tax basis Government incentives (543 ) (428 ) (709 ) Non-deductible/(non-taxable) mark-to-market 48 2 219 (1 776 ) Non-deductible — 2 500 — Other expenses not deductible for tax purposes 1 979 1 512 1 223 Other non-taxable (476 ) (250 ) (282 ) 9 223 7 477 11 080 Aggregate weighted nominal tax rate 26.7 % 27.7 % 26.2 % Tax at aggregated nominal tax rate (2 463 ) (2 069 ) (2 901 ) Adjustments on tax expense Utilization of tax losses not previously recognized 24 13 13 Recognition of deferred taxes on previous years’ tax losses 5 48 27 Write-down of deferred tax assets on losses and current year losses for which no deferred tax asset is recognized (314 ) (386 ) (137 ) (Underprovided)/overprovided in prior years 159 119 58 Deductions from interest on equity 469 431 666 Deductions from goodwill 14 16 20 Other tax deductions 212 218 259 Change in tax rate (147 ) 61 (95 ) Withholding taxes (485 ) (423 ) (505 ) Other tax adjustments 175 39 (191 ) (2 350 ) (1 932 ) (2 786 ) Effective tax rate 28.6 % 100.4 % 22.1 %
Summary of Detail Information of Income Tax Recognized in Other Comprehensive Income	Income taxes were directly recognized in other comprehensive income as follows: Million US dollar 2021 2020 2019 Re-measurements (123 ) 58 19 Exchange differences, cash flow and net investment hedges (45 ) 304 88 Income tax (losses)/gains (167 ) 361 107

Property, plant and equipment (

Property, plant and equipment (Tables)	12 Months Ended
	Dec. 31, 2021
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Summary of Property, Plant and Equipment Owned and Leased Assets	Property, plant and equipment comprises owned and leased assets, as follows: Million US dollar 31 December 2021 31 December 2020 Property, plant and equipment owned 24 459 24 191 Property, plant and equipment leased (right-of-use 2 219 2 228 Total property, plant and equipment 26 678 26 419
Summary of Property, Plant and Equipment	31 December 2021 31 December 2020 Million US dollar Land and buildings Plant and equipment, fixtures and fittings Under construction Total Total Acquisition cost Balance at end of previous year 12 237 34 976 1 780 48 993 48 757 Effect of movements in foreign exchange (383 ) (1 162 ) (70 ) (1 616 ) (1 644 ) Acquisitions 44 1 296 3 399 4 739 3 188 Acquisitions through business combinations (0 ) 2 0 2 111 Disposals through sale and derecognition (104 ) (1 197 ) (1 ) (1 301 ) (1 274 ) Disposals through the sale of subsidiaries (18 ) (33 ) — (51 ) — Transfer (to)/from other asset categories and other movements¹ 598 2 025 (2 646 ) (23 ) (145 ) Balance at end of the period 12 374 35 906 2 462 50 742 48 993 Depreciation and impairment losses Balance at end of previous year (3 950 ) (20 852 ) — (24 802 ) (23 242 ) Effect of movements in foreign exchange 123 690 — 813 625 Depreciation (376 ) (3 008 ) — (3 384 ) (3 250 ) Disposals through sale and derecognition 64 1 104 — 1 168 1 130 Disposals through the sale of subsidiaries 17 29 — 46 — Impairment losses (19 ) (161 ) (2 ) (182 ) (145 ) Transfer to/(from) other asset categories and other movements 1 (151 ) 206 2 57 80 Balance at end of the period (4 292 ) (21 992 ) — (26 284 ) (24 802 ) Carrying amount at 31 December 2020 8 287 14 124 1 780 24 191 24 191 at 31 December 2021 8 082 13 915 2 462 24 459 —
Summary of Property, Plant and Equipment Leased (right- of- use assets)	Property, plant and equipment leased by the company (right-of-use 2021 Million US dollar Land and buildings Machinery, equipment and other Total Net carrying amount at 31 December 1 696 523 2 219 Depreciation for the year ended 31 December (373 ) (201 ) (574 ) 2020 Million US dollar Land and Machinery, equipment and other Total Net carrying amount at 31 December 1 726 502 2 228 Depreciation for the year ended 31 December (343 ) (156 ) (499 )

Goodwill (Tables)

Goodwill (Tables)	12 Months Ended
	Dec. 31, 2021
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Reconciliation of Goodwill	Million US dollar 31 December 2021 31 December 2020 Acquisition cost Balance at end of previous year 123 702 128 119 Effect of movements in foreign exchange (5 456 ) (4 723 ) Acquisitions through business combinations — 185 Transfers (to)/from intangible assets 18 — Hyperinflation monetary adjustments 196 120 Balance at end of the period 118 461 123 702 Impairment losses Balance at end of previous year (2 731 ) (5 ) Effect of movements in foreign exchange 66 (226 ) Impairment losses — (2 500 ) Balance at end of the period (2 665 ) (2 731 ) Carrying amount at 31 December 2020 120 971 120 971 at 31 December 2021 115 796
Summary of Carrying Amount of Goodwill Allocated to Different Cash-generating Units	The carrying amount of goodwill was allocated to the different cash-generating units as follows: Million US dollar 31 December 2021 31 December 2020 United States 33 607 33 552 Rest of North America 2 114 2 105 Mexico 12 062 12 446 Colombia 15 344 17 748 Rest of Middle Americas 22 769 24 036 Brazil 3 280 3 521 Rest of South America 1 173 1 061 Europe 2 244 2 444 South Africa 10 231 11 110 Rest of Africa 5 287 4 990 China 3 387 3 291 Rest of Asia Pacific 3 717 4 059 Global Export and Holding Companies 582 608 Total carrying amount of goodwill 115 796 120 971
Summary of Weighted Average Cost of Capital	The WACC applied in US dollar nominal terms were as follows: Cash-generating unit 31 December 2021 31 December 2020 Colombia 6 % 6 % Rest of Middle Americas 10 % 9 % South Africa 8 % 7 % Rest of Africa 10 % 10 % Rest of Asia Pacific 6 % 6 %

Intangible assets (Tables)

Intangible assets (Tables)	12 Months Ended
	Dec. 31, 2021
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Summary of Intangible Assets	31 December 2021 31 December 2020 Million US dollar Brands Commercial Software Other Total Total Acquisition cost Balance at end of previous year 39 427 3 031 2 972 455 45 885 46 108 Effect of movements in foreign exchange (1 017 ) (81 ) (185 ) (6 ) (1 289 ) (789 ) Acquisitions through business combinations — — — — — 162 Acquisitions and expenditures 21 23 457 259 760 557 Disposals through sale and derecognition (14 ) (22 ) (47 ) (15 ) (98 ) (142 ) Disposals through the sale of subsidiaries — — — (3 ) (3 ) — Transfer (to)/from other asset categories and other movements 1 (8 ) (119 ) 240 (353 ) (240 ) (11 ) Balance at end of period 38 409 2 832 3 437 337 45 015 45 885 Amortization and impairment losses Balance at end of previous year (41 ) (2 072 ) (2 181 ) (64 ) (4 358 ) (3 656 ) Effect of movements in foreign exchange — 62 128 2 192 (16 ) Amortization — (218 ) (377 ) (49 ) (644 ) (715 ) Impairment (23 ) — (1 ) (153 ) (176 ) (165 ) Disposals through sale and derecognition 2 19 46 6 73 62 Disposals through the sale of subsidiaries — — — 3 3 — Transfer to/(from) other asset categories and other movements 1 (27 ) 127 4 222 326 132 Balance at end of period (89 ) (2 082 ) (2 381 ) (33 ) (4 585 ) (4 358 ) Carrying value at 31 December 2020 39 386 959 791 391 41 527 41 527 at 31 December 2021 38 320 750 1 056 304 40 430
Summary of Carrying Amount of Intangible Assets with Indefinite Useful Lives	Million US dollar Cash-generating unit 2021 2020 United States 22 129 22 172 Rest of North America 42 42 Mexico 2 977 3 067 Colombia 2 870 3 320 Rest of Middle Americas 3 432 3 655 Brazil — 1 Rest of South America 724 681 Europe 452 461 South Africa 3 029 3 289 Rest of Africa 1 112 1 068 China 440 427 Rest of Asia Pacific 1 113 1 212 Total carrying amount of intangible assets with indefinite useful lives 38 320 39 395

Investments in associates (Tabl

Investments in associates (Tables)	12 Months Ended
	Dec. 31, 2021
Investments accounted for using equity method [abstract]
Summarized Financial Information to Carrying Amount of Company's Interests in Material Associates	A reconciliation of the summarized financial information to the carrying amount of the company’s interests in material associates is as follows: 2021 2020 Million US dollar AB InBev Castel Efes AB InBev Castel Efes Balance at 1 January 1 135 3 566 391 1 132 3 239 451 Effect of movements in foreign exchange — (246 ) (159 ) — 270 (92 ) Dividends received — (36 ) (67 ) — (19 ) — Share of results of associates 7 116 35 3 76 32 Balance at 31 December 1 143 3 400 201 1 135 3 566 391
Summarized Financial Information of the Company's Material Associates	Summarized financial information of the company’s material associates is as follows: 2021 2020 Million US dollar AB InBev Castel Efes AB InBev Castel Efes Current assets 385 3 016 1 500 351 4 048 2 156 Non-current 624 3 923 3 157 603 3 775 4 642 Current liabilities (693 ) (1 774 ) (1 259 ) (591 ) (1 531 ) (1 639 ) Non-current (42 ) (499 ) (1 218 ) (75 ) (671 ) (1 852 ) Non-controlling — (543 ) (1 128 ) — (687 ) (1 627 ) Net assets 1 274 4 124 1 053 288 4 934 1 679 Revenue 1 393 5 017 3 781 1 276 4 879 3 847 Profit (loss) 1 741 275 (20 ) 700 224 Other comprehensive income (loss) — (295 ) 241 — (134 ) 392 Total comprehensive income (loss) 1 447 516 (20 ) 566 617

Deferred tax assets and liabi_2

Deferred tax assets and liabilities (Tables)	12 Months Ended
	Dec. 31, 2021
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Summary of Deferred Tax Assets and Liabilities by Type of Temporary Difference	The amount of deferred tax assets and liabilities by type of temporary difference can be detailed as follows: 2021 Million US dollar Assets Liabilities Net Property, plant and equipment 91 (2 113 ) (2 023 ) Intangible assets 60 (9 796 ) (9 736 ) Inventories 88 (66 ) 22 Trade and other receivables 48 — 48 Interest-bearing loans and borrowings 905 (628 ) 277 Employee benefits 577 (8 ) 569 Provisions 511 (19 ) 492 Derivatives 11 (118 ) (107 ) Other items 407 (1 198 ) (792 ) Loss carry forwards 1 015 — 1 015 Gross deferred tax assets/(liabilities) 3 713 (13 947 ) (10 235 ) Netting by taxable entity (1 743 ) 1 743 — Net deferred tax assets/(liabilities) 1 969 (12 204 ) (10 235 ) 2020 Million US dollar Assets Liabilities Net Property, plant and equipment 398 (2 487 ) (2 089 ) Intangible assets 106 (10 007 ) (9 901 ) Inventories 86 (65 ) 22 Trade and other receivables 62 — 62 Interest-bearing loans and borrowings 858 (603 ) 255 Employee benefits 648 (8 ) 640 Provisions 525 (30 ) 495 Derivatives 13 (46 ) (33 ) Other items 312 (1 152 ) (840 ) Loss carry forwards 782 — 782 Gross deferred tax assets/(liabilities) 3 790 (14 398 ) (10 607 ) Netting by taxable entity (1 771 ) 1 771 — Net deferred tax assets/(liabilities) 2 019 (12 627 ) (10 607 )
Summary of Change in Net Deferred Tax Assets and Liabilities	The change in net deferred taxes recorded in the consolidated statement of financial position can be detailed as follows: Million US dollar 2021 2020 2019 Balance at 1 January (10 607 ) (11 105 ) (11 648 ) Recognized in profit or loss 348 32 19 Recognized in other comprehensive income ( 166 ) 361 109 Acquisitions through business combinations — (6 ) (18 ) Reclassified as held for sale — (1 ) 363 Other movements and effect of changes in foreign exchange rates 190 112 70 Balance at 31 December (10 235 ) (10 607 ) (11 105 )

Inventories (Tables)

Inventories (Tables)	12 Months Ended
	Dec. 31, 2021
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Summary of Inventories	Million US dollar 31 December 2021 31 December 2020 Prepayments 115 92 Raw materials and consumables 3 072 2 499 Work in progress 451 439 Finished goods 1 537 1 256 Goods purchased for resale 224 197 Inventories 5 399 4 482 Inventories other than work in progress Inventories stated at net realizable value 368 214

Trade and other receivables (Ta

Trade and other receivables (Tables)	12 Months Ended
	Dec. 31, 2021
Text block [abstract]
Schedule of Non-Current Trade and Other Receivables	Million US dollar 31 December 2021 31 December 2020 Cash deposits for guarantees 168 184 Loans to customers 17 25 Tax receivable, other than income tax 116 99 Brazilian tax credits and interest receivables 960 997 Trade and other receivables 319 357 Non-current 1 580 1 661 Trade receivables and accrued income 3 465 3 284 Interest receivables 18 4 Tax receivable, other than income tax 593 552 Loans to customers 99 117 Prepaid expenses 350 354 Other receivables 521 522 Current trade and other receivables 5 046 4 833
Schedule of Trade Receivables and Other Receivables	The ageing of the current trade receivables and accrued income, interest receivable, other receivables and current and non-current Net carrying Of which: the reporting date Of which not impaired as of the reporting date and past due Less than 30 days Between 30 Between 60 More than 90 days Trade receivables and accrued income 3 465 3 223 164 62 11 5 Loans to customers 117 83 2 2 31 — Interest receivable 18 18 — — — — Other receivables 521 513 2 1 2 3 4 120 3 836 167 65 44 8 Net carrying Of which: Of which not impaired as of the reporting date and past due Less than 30 Between 30 Between 60 More than 90 Trade receivables and accrued income 3 285 3 074 155 37 10 8 Loans to customers 142 86 3 2 50 — Interest receivable 4 4 — — — — Other receivables 522 416 2 16 5 83 3 953 3 580 161 55 66 91

Cash and cash equivalents and_2

Cash and cash equivalents and investment securities (Tables)	12 Months Ended
	Dec. 31, 2021
Text block [abstract]
Summary Of Investments In Short term Debt Securities	Million US dollar 31 December 2021 31 December 2020 Investment in unquoted companies 139 115 Investment on debt securities 22 22 Non-current 161 137 Investment on debt securities 374 396 Current investments 374 396

Assets classified as held for_2

Assets classified as held for sale, liabilities associated with assets held for sale and discontinued operations (Tables)	12 Months Ended
	Dec. 31, 2021
Text block [abstract]
Schedule of Assets Held for Sale	ASSETS CLASSIFIED AS HELD FOR SALE Million US dollar 31 December 2021 31 December 2020 Balance at the end of previous year 74 10 013 Reclassified to assets held for sale in the period 11 210 Impairment losses (20 ) — Disposals (33 ) (9 665 ) Effect of movements in foreign exchange (2 ) (484 ) Balance at the end of year 30 74
Summary of Liabilities Associated With Assets Held for Sale	LIABILITIES ASSOCIATED WITH ASSETS HELD FOR SALE Million US dollar 31 December 2021 31 December 2020 Balance at end of previous year — 1 145 Reclassified to liabilities associated with assets held for sale 5 (46 ) Disposals (5 ) (1 044 ) Effect of movements in foreign exchange — (55 ) Balance at end of the period — —
Summary of Assets And Liabilities Of Disposal Groups Held For Sale	Assets and liabilities relating to the Australian operations disposed of on 1 June 2020 are detailed in the table below: Million US dollar 1 June 2020 Assets Property, plant and equipment 581 Goodwill and intangible assets 8 584 Other assets 371 Assets classified as held for sale 9 537 Liabilities Trade and other payables (581 ) Deferred tax liabilities (363 ) Other liabilities (101 ) Liabilities associated with assets held for sale (1 044 ) Net assets disposed of 8 493 Exceptional gain on divestiture of Australia (discontinued operations) 1 919 Recycling of cash flow hedges and cumulative translation adjustments 426 Consideration received 10 838
Summary of Results From Discontinued Operations	The following table summarizes the results of the Australian operations included in the consolidated income statement and presented as discontinued operations: For the period ended Million US dollar 1 June 31 December 2019 Revenue 477 1 394 Profit from operations 178 632 Profit from discontinued operations (including gain on divestiture) 2 055 424 Weighted average number of ordinary and restricted shares 1 1 998 1 984 Basic EPS from discontinued operations 1.03 0.21 Weighted average number of ordinary and restricted shares (diluted) 1 2 037 2 026 Diluted EPS from discontinued operations 1.01 0.21
Summary of Cash Flow From Discontinued Operations	Cash flows attributable to the operating, investing and financing activities of the Australian operations are summarized as follows: For the period ended Million US dollar 1 June 31 December 2019 2 Cash flow from operating activities 84 640 Cash flow from investing activities (proceeds from Australia divestiture) 10 838 219 Cash flow from investing activities (other) (13 ) (77 ) Cash flow from financing activities (6 ) (24 ) Net increase in cash and cash equivalents 10 903 758 1 The calculation of basic EPS and diluted EPS from discontinued operations for 2020 and 2019 is based on the profit from discontinued operations (including gain on divestiture) and a weighted average number of ordinary and restricted shares outstanding (including deferred share instruments and stock lending) as of 31 December 2020 and 2019, and a weighted average number of ordinary and restricted shares (diluted) outstanding (including deferred share instruments and stock lending) as of 31 December 2020 and 2019, respectively. 2 The 2019 cash flow from investing activities has been restated to reflect reclassification of the cash flow hedges in relation to the Australia divestiture reported in the financing activities in 2019 and recycled to profit or loss upon the completion of the transaction.

Changes in equity and earning_2

Changes in equity and earnings per share (Tables)	12 Months Ended
	Dec. 31, 2021
Text block [abstract]
Summary of Changes in Issued Capital and Treasury Shares	The tables below summarize the changes in issued capital and treasury shares during 2021: Issued capital Issued capital Million shares Million US dollar At the end of the previous year 2 019 1 736 Changes during the period — — 2 019 1 736 Of which: Ordinary shares 1 737 Restricted shares 282 Treasury shares Result on the use of Treasury shares Million shares Million US dollar Million US dollar At the end of the previous year 47.0 (4 911 ) (3 530 ) Changes during the period (8.8 ) 917 (836 ) 38.2 (3 994 ) (4 366 )
Summary of Changes in Other Comprehensive Income Reserves	The changes in the other comprehensive income reserves are as follows: Post- Translation Hedging employment Total OCI Million US dollar Reserves reserves benefits Reserves As per 1 January 2021 (29 234 ) 376 (1 983 ) (30 841 ) Other comprehensive income/(loss) Exchange differences on translation of foreign operations (gains/(losses)) (4 320 ) — — (4 320 ) Cash flow hedges — 105 — 105 Re-measurements — — 479 479 Other comprehensive income/(loss) (4 320 ) 105 479 (3 736 ) As per 31 December 2021 (33 554 ) 481 (1 504 ) (34 577 ) The increase in translation reserves is primarily related to the combined effect of the weakening of the closing rates of the Colombian pesos, the Peruvian Sol, the South African rand and the Mexican pesos, partially offset by the weakening of the closing rate of the Euro, which resulted in a foreign exchange translation adjustment of 4 320m US dollar as of 31 December 2021 (decrease of equity). Post- Translation Hedging employment Total OCI Million US dollar Reserves reserves benefits Reserves As per 1 January 2020 (19 936 ) 397 (1 740 ) (21 279 ) Other comprehensive income/(loss) Exchange differences on translation of foreign operations (gains/(losses)) (9 943 ) — — (9 943 ) Cash flow hedges — 198 — 198 Cash flow hedges and cumulative translation adjustments reclassified from equity to profit or loss in relation to Australia divestiture 645 (219 ) — 426 Re-measurements — — (243 ) (243 ) Other comprehensive income/(loss) (9 298 ) (21 ) (243 ) (9 562 ) As per 31 December 2020 (29 234 ) 376 (1 983 ) (30 841 ) Post- Translation Hedging employment Total OCI Million US dollar Reserves reserves benefits Reserves As per 1 January 2019 (21 079 ) 494 (1 567 ) (22 152 ) Other comprehensive income/(loss) Exchange differences on translation of foreign operations (gains/(losses)) 1 143 — — 1 143 Cash flow hedges — (97 ) — (97 ) Re-measurements — — (173 ) (173 ) Other comprehensive income/(loss) 1 143 (97 ) (173 ) 873 As per 31 December 2019 (19 936 ) 397 (1 740 ) (21 279 )
Summary of Basic and Diluted Earnings Per Share	The calculation of basic earnings per share for 2021 is based on the profit attributable to equity holders of AB InBev of 4 670m US dollar (2020: 1 405m US dollar; 2019: 9 171m US dollar) and a weighted average number of ordinary and restricted shares outstanding (including deferred share instruments and stock lending) per end of the period, calculated as follows: Million shares 2021 2020 2019 Issued ordinary and restricted shares at 1 January, net of treasury shares 1 972 1 959 1 957 Effect of stock lending 30 30 25 Effect of delivery of treasury shares 4 9 2 Weighted average number of ordinary and restricted shares at 31 December 2 007 1 998 1 984 The calculation of diluted earnings per share for 2021 is based on the profit attributable to equity holders of AB InBev of 4 670m US dollar (2020: 1 405m US dollar; 2019: 9 171m US dollar) and a weighted average number of ordinary and restricted shares (diluted) outstanding (including deferred share instruments and stock lending) at the end of the period, calculated as follows: Million shares 2021 2020 2019 Weighted average number of ordinary and restricted shares at 31 December 2 007 1 998 1 984 Effect of share options, warrants and restricted stock units 38 39 42 Weighted average number of ordinary and restricted shares (diluted) at 31 December 2 045 2 037 2 026 The calculation of earnings per share from continuing operations before exceptional items is based on the profit from continuing operations before exceptional items and discontinued operations, attributable to equity holders of AB InBevThe calculation of the Underlying EPS is based on the profit before exceptional items, discontinued operations, mark-to-market mark-to-market Million US dollar 2021 2020 2019 Profit attributable to equity holders of AB InBev 4 670 1 405 9 171 Exceptional items, before taxes (refer to Note 8) 614 3 103 323 Exceptional finance income/(cost), before taxes (refer to Note 11) 806 1 738 (882 ) Exceptional taxes (refer to Note 8) (346 ) (155 ) 6 Exceptional non-controlling interest (refer to Note 8) (20 ) (228 ) (108 ) Profit from discontinued operations (refer to Note 21) — (2 055 ) (424 ) Profit from continuing operations before exceptional items and discontinued operations, 5 723 3 807 8 086 Mark-to-market (losses)/gains on certain derivatives related to the hedging of share-based payment 23 1 211 (898 ) Hyperinflation impacts 28 4 7 Profit before exceptional items, discontinued operations, mark-to-market gains/losses and hyperinflation impacts, attributable to equity holders of AB InBev 5 774 5 022 7 196
Summary of Calculation of EPS	The table below sets out the EPS calculation: Million US dollar 2021 2020 2019 Profit attributable to equity holders of AB InBev 4 670 1 405 9 171 Weighted average number of ordinary and restricted shares 2 007 1 998 1 984 Basic EPS from continuing and discontinued operations 2.33 0.70 4.62 Profit/(loss) from continuing operations attributable to equity holders of AB InBev 4 670 (650 ) 8 748 Weighted average number of ordinary and restricted shares 2 007 1 998 1 984 Basic EPS from continuing operations 2.33 (0.33 ) 4.41 Profit from continuing operations before exceptional items and discontinued operations, attributable to equity holders of AB InBev 5 723 3 807 8 086 Weighted average number of ordinary and restricted shares 2 007 1 998 1 984 Basic EPS from continuing operations before exceptional items 2.85 1.91 4.08 Profit before exceptional items, discontinued operations, mark-to-market 5 774 5 022 7 196 Weighted average number of ordinary and restricted shares 2 007 1 998 1 984 Underlying EPS 2.88 2.51 3.63 Profit attributable to equity holders of AB InBev 4 670 1 405 9 171 Weighted average number of ordinary and restricted shares (diluted) 2 045 2 037 2 026 Diluted EPS from continuing and discontinued operations 2.28 0.69 4.53 Profit/(loss) from continuing operations attributable to equity holders of AB InBev 4 670 (650 ) 8 748 Weighted average number of ordinary and restricted shares (diluted) 2 045 1 998 2 026 Diluted EPS from continuing operations 2.28 (0.33 ) 4.32 Profit from continuing operations before exceptional items and discontinued operations, attributable to equity holders of AB InBev 5 723 3 807 8 086 Weighted average number of ordinary and restricted shares (diluted) 2 045 2 037 2 026 Diluted EPS from continuing operations before exceptional items 2.80 1.87 3.99

Interest-bearing loans and bo_2

Interest-bearing loans and borrowings (Tables)	12 Months Ended
	Dec. 31, 2021
Text block [abstract]
Summary of Interest-bearing Loans and Borrowings	Non-current Million US dollar 31 December 2021 31 December 2020 Secured bank loans 75 46 Unsecured bond issues 85 433 93 523 Unsecured other loans 31 73 Lease liabilities 1 830 1 837 Non-current 87 369 95 478 Current liabilities Million US dollar 31 December 2021 31 December 2020 Secured bank loans 553 656 Commercial papers — 1 522 Unsecured bank loans 106 294 Unsecured bond issues 293 202 Unsecured other loans 9 10 Lease liabilities 447 397 Current interest-bearing loans and borrowings 1 408 3 081
Summary of Tender Offers	Date of redemption Issuer (abbreviated) Title of series of notes issued exchanged Currency Original principal amount outstanding (in million) Principal amount redeemed (in million) 27 January 2021 ABIWW 3.750% Notes due 2024 AUD 650 650 28 January 2021 ABISA 1.500% Notes due 2025 EUR 2 147 2 147 29 June 2021 ABIWW 4.150% Notes due 2025 USD 2 500 2 500 23 July 2021 ABIFI 4.600% Notes due 2045 USD 565 565
Summary of Reconciliation of Net Debt	The following table provides a reconciliation of AB InBev’s net debt as at the dates indicated: Million US dollar 31 December 2021 31 December 2020 Non-current 87 369 95 478 Current interest-bearing loans and borrowings 1 408 3 081 Interest-bearing loans and borrowings 88 777 98 559 Bank overdrafts 53 5 Cash and cash equivalents (12 097 ) (15 252 ) Interest bearing loans granted and other deposits (included within Trade and other receivables) (175 ) (173 ) Debt securities (included within Investment securities) (396 ) (418 ) Net debt 76 162 82 722
Summary of Changes in the Company's Liabilities Arising from Financing Activities	Million US dollar Long-term debt, net of current portion Short-term debt and current portion of long-term debt Balance at 1 January 2021 95 478 3 081 Proceeds from borrowings 148 306 Payments on borrowings (6 735 ) (2 230 ) Capitalization / (payment) of lease liabilities 697 (547 ) Amortized cost 64 — Unrealized foreign exchange effects (2 149 ) (88 ) Current portion of long-term debt (875 ) 875 Loss on bond redemption and other movements 741 10 Balance at 31 December 2021 87 369 1 408 Million US dollar Long-term debt, net of current portion Short-term debt and current portion of long-term debt Balance at 1 January 2020 97 564 5 410 Proceeds from borrowings 11 226 3 596 Payments on borrowings (13 596 ) (9 520 ) Capitalization / (payment) of lease liabilities 394 (484 ) Amortized cost 71 17 Unrealized foreign exchange effects 2 521 241 Current portion of long-term debt (3 744 ) 3 744 Loss on bond redemption and other movements 1 042 77 Balance at 31 December 2020 95 478 3 081 Million US dollar Long-term debt, net of current portion Short-term debt and current portion of long-term debt Balance at 1 January 2019 106 997 4 584 Proceeds from borrowings 17 939 4 645 Payments on borrowings (22 339 ) (8 253 ) Capitalization / (payment) of lease liabilities 420 (441 ) Amortized cost 75 13 Unrealized foreign exchange effects (538 ) (39 ) Current portion of long-term debt (4 769 ) 4 769 Liabilities associated with assets held for sale (69 ) (15 ) Other movements (152 ) 147 Balance at 31 December 2019 97 564 5 410

Employee benefits (Tables)

Employee benefits (Tables)	12 Months Ended
	Dec. 31, 2021
Statement [LineItems]
Summary of Net Liability for Post-Employment and Long-Term Employee Benefit Plans	The company’s net liability for post-employment and long-term employee benefit plans comprises the following as at 31 December 2021 and 2020: Million US dollar 2021 2020 Present value of funded obligations (6 791 ) (7 703 ) Fair value of plan assets 5 381 5 649 Present value of net obligations for funded plans (1 410 ) (2 054 ) Present value of unfunded obligations (687 ) (793 ) Present value of net obligations (2 097 ) (2 847 ) Unrecognized asset (32 ) (31 ) Net liability (2 129 ) (2 878 ) Other long term employee benefits (127 ) (86 ) Total employee benefits (2 256 ) (2 964 ) Employee benefits amounts in the balance sheet: Liabilities (2 261 ) (2 970 ) Assets 5 6 Net liability (2 256 ) (2 964 )
Summary of Changes in Present Value of Defined Benefit Obligations and Changes in Fair Value of Plan Assets	The changes in the present value of the defined benefit obligations are as follows: Million US dollar 2021 2020 2019 Defined benefit obligation at 1 January (8 496 ) (8 143 ) (7 568 ) Current service costs (80 ) (72 ) (67 ) Interest cost (212 ) (250 ) (326 ) Past service gain/(cost) (5 ) 16 (9 ) Settlements 176 153 109 Benefits paid 553 519 596 Contribution by plan participants (3 ) (2 ) (2 ) Actuarial gains/(losses) – demographic assumptions (41 ) 20 61 Actuarial gains/(losses) – financial assumptions 460 (690 ) (912 ) Experience adjustments 16 (12 ) 29 Exchange differences 154 (35 ) (86 ) Transfers and other movements — — 32 Defined benefit obligation at 31 December (7 478 ) (8 496 ) (8 143 ) The changes in the fair value of plan assets are as follows: Million US dollar 2021 2020 2019 Fair value of plan assets at 1 January 5 649 5 442 5 059 Interest income 137 168 218 Administration costs (19 ) (19 ) (23 ) Return on plan assets exceeding interest income 197 332 579 Contributions by AB InBev 241 394 294 Contributions by plan participants 3 2 2 Benefits paid net of administration costs (553 ) (519 ) (596 ) Assets distributed on settlements (172 ) (146 ) (107 ) Exchange differences (102 ) (9 ) 46 Transfers and other movements — 4 (30 ) Fair value of plan assets at 31 December 5 381 5 649 5 442
Summary of Changes in Unrecognized Assets	The changes in the unrecognized asset are as follows: Million US dollar 2021 2020 2019 Irrecoverable surplus impact at 1 January (31 ) (74 ) (77 ) Interest expense (2 ) (4 ) (7 ) Changes excluding amounts included in interest expense 1 47 9 Irrecoverable surplus impact at 31 December (32 ) (31 ) (74 )
Summary of Employee Benefit Expense Recognized in Income Statement	The expense recognized in the income statement with regard to defined benefit plans can be detailed as follows: Million US dollar 2021 2020 2019 Current service costs (80 ) (72 ) (67 ) Administration costs (19 ) (19 ) (23 ) Past service cost due to plan amendments, curtailments or settlements (2 ) 16 66 (Losses)/gains due to experience and demographic assumption changes 1 6 1 Profit from operations (100 ) (69 ) (23 ) Net finance cost (76 ) (87 ) (114 ) Total employee benefit expense (176 ) (156 ) (137 )
Summary of Employee Benefit Expense Recognized in Income Statement	The employee benefit expense is included in the following line items of the income statement: Million US dollar 2021 2020 2019 Cost of sales (30 ) (28 ) (17 ) Distribution expenses (11 ) (9 ) (5 ) Sales and marketing expenses (24 ) (18 ) (4 ) Administrative expenses (34 ) (20 ) 3 Other operating (expense)/income (1 ) (1 ) — Exceptional items — 7 — Net finance cost (76 ) (87 ) (114 ) (176 ) (156 ) (137 )
Summary of Weighted Average Assumptions used in Computing Benefit Obligations	Weighted average assumptions used in computing the benefit obligations of the company’s significant plans at the balance sheet date are as follows: 2021 Million US dollar United Canada Mexico Brazil United AB InBev Discount rate 2.8 % 2.9 % 8.0 % 8.7 % 1.9 % 3.2 % Price inflation 2.5 % 2.0 % 3.5 % 3.3 % 3.6 % 2.7 % Future salary increases — 1.0 % 4.5%-4.0 % 6.9%-5.0 % — 3.7 % Future pension increases — 2.0 % 3.5 % 3.3 % 3.2% 2.7 % Medical cost trend rate 5.3%-4.5 % 4.5 % — 6.9 % — 5.9%-5.7 % Life expectation for a 65-year 86 87 85 85 87 85 Life expectation for a 65-year 88 90 88 87 89 88 2020 Million US dollar United Canada Mexico Brazil United AB InBev Discount rate 2.5 % 2.4 % 6.3 % 6.9 % 1.4 % 2.6 % Price inflation 2.5 % 2.0 % 3.5 % 3.3 % 3.1 % 2.6 % Future salary increases — 1.0 % 4.3 % 6.9%-5.0 % — 3.7 % Future pension increases — 2.0 % 3.5 % 3.3 % 2.9 % 2.6 % Medical cost trend rate 5.5%-4.5 % 4.5 % — 6.9 % — 6.0%-5.7 % Life expectation for a 65-year 86 87 82 85 87 85 Life expectation for a 65-year 87 90 85 88 89 88
Summary of Sensitivity Analysis of Defined Benefit Obligation for Weighted Principle Assumption	The sensitivity of the defined benefit obligation to changes in the weighted principal assumptions is: 2021 Million US dollar Change in Increase in Decrease in Discount rate 0.5 % (482 ) 533 Price inflation 0.5 % 175 (183 ) Future salary increases 0.5 % 26 (25 ) Medical cost trend rate 1 % 30 (26 ) Longevity One year 256 (255 )
Summary of Fair Value of Plan Assets	The fair value of plan assets at 31 December consists of the following: 2021 2020 Million US dollar Quoted Unquoted Total Quoted Unquoted Total Government bonds 34 % — 34 % 33 % — 33 % Corporate bonds 34 % — 34 % 34 % — 34 % Equity instruments 24 % — 24 % 25 % — 25 % Property — 4 % 4 % — 3 % 3 % Insurance contracts and others 2 % 2 % 4 % 3 % 2 % 5 % 94 % 6 % 100 % 95 % 5 % 100 %

Share-based payments (Tables)

Share-based payments (Tables)	12 Months Ended
	Dec. 31, 2021
Statement [LineItems]
Summary of Weighted Average Fair Value of Options and Assumptions	The weighted average fair value of the options and assumptions used in applying the AB InBev option pricing model for the 2020 grants of awards described above are as follows. No stock options were granted in 2021. Amounts in US dollar unless otherwise indicated 2020 2019 Fair value of options granted 7.54 11.79 Share price 46.35 78.46 Exercise price 46.35 78.46 Expected volatility 25 % 23 % Expected dividends 3.00 % 3.00 % Risk-free interest rate -0.32 % 0.43 %
Summary of Number of Options Outstanding	The total number of outstanding AB InBev options developed as follows: Million options 2021 2020 2019 Options outstanding at 1 January 113.3 88.7 92.6 Options issued during the year — 38.1 13.8 Options exercised during the year (1.3 ) (3.9 ) (10.7 ) Options forfeited during the year (9.2 ) (9.0 ) (7.0 ) Options outstanding at the end of December 102.7 113.3 88.7
Summary of Weighted Average Exercise Price of Options	The weighted average exercise price of the AB InBev options is as follows: Amounts in US dollar 2021 2020 2019 Options outstanding at 1 January 71.22 79.66 94.74 Granted during the year — 53.41 83.33 Exercised during the year 46.30 29.92 29.27 Forfeited during the year 89.56 117.82 108.44 Outstanding at the end of December 64.77 71.22 79.66 Exercisable at the end of December 98.27 99.54 65.33
AB inBev [member] | Restricted Stock Units [member]
Statement [LineItems]
Summary of Number of Outstanding Deferred and Restricted stock Units	The total number of outstanding AB InBev restricted stock units developed as follows: Million restricted stock units 2021 2020 2019 Restricted stock units outstanding at 1 January 19.1 9.9 6.0 Restricted stock units issued during the year 3.9 10.9 5.5 Restricted stock units vested during the year (1.1 ) (0.7 ) (1.0 ) Restricted stock units forfeited during the year (1.1 ) (0.9 ) (0.7 ) Restricted stock units outstanding at the end of December 20.9 19.1 9.9
Ambev [member]
Statement [LineItems]
Summary of Weighted Average Fair Value of Options and Assumptions	The weighted average fair value of the options and assumptions used in applying the option pricing model for the 2020 grants of awards described above are as follows. No stock options were granted in 2021. Amounts in US dollar unless otherwise indicated 1 2020 2019 Fair value of options granted 0.78 1.12 Share price 3.47 4.38 Exercise price 3.47 4.38 Expected volatility 22 % 24 % Expected dividends 0.00% - 5.00 % 0.00% - 5.00 % Risk-free interest rate 6.80 % 7.80 %
Summary of Number of Options Outstanding	The total number of outstanding Ambev options dev e Million options 2021 2020 2019 Options outstanding at 1 January 127.3 141.8 141.3 Options issued during the year — — 24.6 Options exercised during the year (5.2 ) (5.7 ) (7.8 ) Options forfeited during the year (8.3 ) (8.8 ) (16.3 ) Options outstanding at the end of December 113.8 127.3 141.8
Summary of Weighted Average Exercise Price of Options	The weighted average exercise price of the Ambev options is as follows: Amounts in US dollar 1 2021 2020 2019 Options outstanding at 1 January 3.81 4.60 4.17 Granted during the year — 3.47 4.48 Exercised during the year 2.36 1.60 2.25 Forfeited during the year 4.53 4.42 5.27 Outstanding at the end of December 3.57 3.81 4.60 Exercisable at the end of December 3.79 4.56 4.74
Ambev [member] | Restricted Stock Units [member]
Statement [LineItems]
Summary of Number of Outstanding Deferred and Restricted stock Units	The total number of outstanding Ambev deferred and restricted stock units developed as follows: Million restricted stock units 2021 2020 2019 Restricted stock units outstanding at 1 January 49.6 31.7 25.0 Restricted stock units issued during the year 20.7 21.3 12.0 Restricted stock units vested during the year (5.0 ) (1.9 ) (4.2 ) Restricted stock units forfeited during the year (1.5 ) (1.5 ) (1.1 ) Restricted stock units outstanding at the end of December 63.8 49.6 31.7

Provisions (Tables)

Provisions (Tables)	12 Months Ended
	Dec. 31, 2021
Text block [abstract]
Summary of Provisions by Class	Million US dollar Restructuring Disputes Other Total Balance at 1 January 2021 104 489 170 763 Effect of movements in foreign exchange (2 ) (20 ) (4 ) (25 ) Provisions made 63 132 9 203 Provisions used (73 ) (129 ) (11 ) (213 ) Provisions reversed (13 ) (35 ) (1 ) (48 ) Other movements 1 (18 ) (58 ) (75 ) Balance at 31 December 2021 80 420 106 605 Million US dollar Restructuring Disputes Other Total Balance at 1 January 2020 103 436 372 911 Effect of movements in foreign exchange 8 (40 ) (24 ) (56 ) Provisions made 55 102 107 264 Provisions used (54 ) (80 ) (91 ) (225 ) Provisions reversed (7 ) (24 ) (1 ) (32 ) Other movements (1 ) 95 (193 ) (99 ) Balance at 31 December 2020 104 489 170 763
Summary of Provisions are Expected to Be Settled Within the Following Time Windows	The provisions are expected to be settled within the following time windows: Million US dollar Total < 1 year 1-2 years 2-5 years > 5 years Restructuring 80 36 11 14 19 Indirect taxes 90 10 27 2 51 Labor 114 14 55 36 10 Commercial 55 16 27 9 3 Environmental 5 5 — — — Excise duties 16 — 11 5 — Other disputes 140 39 70 13 18 Disputes 420 82 190 65 83 Other provisions 106 49 35 21 0 Total provisions 605 168 235 100 102

Trade and other payables (Table

Trade and other payables (Tables)	12 Months Ended
	Dec. 31, 2021
Text block [abstract]
Summary of Trade and Other Payables	Million US dollar 31 December 2021 31 December 2020 Indirect taxes payable 194 252 Trade payables 51 98 Deferred consideration on acquisitions 662 1 082 Other payables 100 90 Non-current 1 008 1 522 Trade payables and accrued expenses 17 810 15 898 Payroll and social security payables 1 716 800 Indirect taxes payable 2 457 2 629 Interest payable 1 501 1 625 Consigned packaging 1 050 1 010 Dividends payable 355 427 Deferred income 51 27 Deferred consideration on acquisitions 191 301 Other payables 302 249 Current trade and other payables 25 434 22 965

Risks arising from financial _2

Risks arising from financial instruments (Tables)	12 Months Ended
	Dec. 31, 2021
Text block [abstract]
Summary of Financial Assets And Financial Liabilities	Set out below is an overvi e 1 and liabilities held by the company as at the dates indicated: 31 December 2021 31 December 2020 At fair At fair value At fair value At fair At through value At through value amortized profit or through amortized profit or through Million US dollar cost loss OCI Total cost loss OCI Total Trade and other receivables 4 607 — — 4 607 4 493 — — 4 493 Unquoted debt (debt instruments) 22 — — 22 22 — — 22 Quoted debt (debt instruments) — 374 — 374 — 396 — 396 Unquoted companies (equity instruments) — — 139 139 — — 115 115 Derivatives not designated in hedge accounting relationships: Equity swaps — — — — — 27 — 27 Interest rate swaps — 20 — 20 — 45 — 45 Cross currency interest rate swaps — 52 — 52 — 7 — 7 Derivatives designated in hedge accounting relationships: Foreign exchange forward contracts — — 238 238 — — 480 480 Foreign currency futures — — — — — — 36 36 Interest rate swaps — — 17 17 — — 35 35 Cross currency interest rate swaps — — 60 60 — — 100 100 Commodities — — 282 282 — — 235 235 Financial assets 4 629 446 736 5 811 4 515 475 1 001 5 991 Non-current 526 73 115 714 588 79 174 841 Current 4 103 373 621 5 097 3 927 396 827 5 150 Trade and other payables 22 074 — — 22 074 20 807 — — 20 807 Interest-bearing loans and borrowings: Secured bank loans 628 — — 628 702 — — 702 Unsecured bank loans 106 — — 106 294 — — 294 Unsecured bond issues 85 726 — — 85 726 93 725 — — 93 725 Unsecured other loans 40 — — 40 83 — — 83 Commercial paper — — — — 1 522 — — 1 522 Bank overdrafts 53 — — 53 5 — — 5 Lease liabilities 2 277 — — 2 277 2 234 — — 2 234 Derivatives not designated in hedge accounting relationships: Equity swaps — 5 412 — 5 412 — 5 353 — 5 353 Cross currency interest rate swaps — 172 — 172 — 446 — 446 Foreign exchange forward contracts — 26 — 26 — 321 — 321 Derivatives designated in hedge accounting relationships: Foreign exchange forward contracts — — 103 103 — — 370 370 Foreign currency futures — — 37 37 — — 5 5 Cross currency interest rate swaps — — 98 98 — — 264 264 Commodities — — 35 35 — — 26 26 Equity swaps — — — — — — 21 21 Interest rate swaps — — 3 3 — — — — Financial liabilities 110 904 5 610 276 116 790 119 372 6 120 686 126 178 Non-current 88 182 100 — 88 282 96 748 1 758 — 98 506 Current 22 722 5 510 276 28 508 22 624 4 362 686 27 672 1 Cash and short-term deposits are not included in this overview.
Summary of Notional Amounts of Derivatives Outstanding at Year-end by Maturity Bucket	The table below provides an overview of the notional amounts of derivatives outstanding as at the dates indicated by maturity bucket. 31 December 2021 31 December 2020 < 1 1-2 2-3 3-5 > 5 < 1 1-2 2-3 3-5 > 5 Million US dollar year years years years years year years years years years Foreign currency Forward exchange contracts 12 599 29 — — — 18 505 290 — — — Foreign currency futures 1 617 — — — — 2 218 — — — — Interest rate Interest rate swaps 1 500 1 000 — — — — 1 500 1 000 — — Cross currency interest rate swaps 4 614 1 400 1 173 1 573 1 453 513 5 658 1 400 1 866 789 Other interest rate derivatives — — — — — — — — — — Commodities Aluminum swaps 1 241 — — — — 1 184 — — — — Other commodity derivatives 1 034 — — — — 644 — — — Equity Equity derivatives 11 469 — — — — 10 234 2 326 — — —
Summary of Foreign Exchange Risk on Operating Activities	The second currency of the currency pairs listed is the functional currency of the related subsidiary. 31 December 2021 31 December 2020 Total Total Open Total Total Open Million US dollar exposure hedges position exposure hedges position Euro/Canadian dollar (6 ) 6 — (9 ) 9 — Euro/Mexican peso (112 ) 111 (1 ) (106 ) 102 (4 ) Euro/Pound sterling (124 ) 112 (12 ) (203 ) 130 (73 ) Euro/South African rand (79 ) 75 (4 ) (95 ) 65 (30 ) Euro/South Korean won (39 ) 36 (3 ) (40 ) 38 (2 ) Euro/US dollar (123 ) 100 (23 ) (354 ) 284 (70 ) Mexican peso/Euro (254 ) 231 (23 ) (249 ) 146 (103 ) Pound sterling/Euro (14 ) 22 8 (35 ) 36 1 US dollar/Argentinian peso (661 ) 674 13 (602 ) 543 (59 ) US dollar/Bolivian boliviano (80 ) 75 (5 ) (64 ) 56 (8 ) US dollar/Brazilian real (1 846 ) 1 618 (228 ) (1 573 ) 1 577 4 US dollar/Canadian dollar (304 ) 253 (51 ) (302 ) 194 (108 ) US dollar/Chilean peso (171 ) 162 (9 ) (151 ) 129 (22 ) US dollar/Chinese yuan (123 ) 116 (7 ) (171 ) 201 30 US dollar/Colombian peso (476 ) 434 (42 ) (359 ) 352 (7 ) US dollar/Euro (103 ) 96 (7 ) (98 ) 96 (2 ) US dollar/Mexican peso (1 236 ) 1 168 (68 ) (1 032 ) 995 (37 ) US dollar/Paraguayan guarani (153 ) 139 (14 ) (132 ) 125 (7 ) US dollar/Peruvian nuevo sol (292 ) 278 (14 ) (225 ) 168 (57 ) US dollar/South African rand (196 ) 148 (48 ) (130 ) 116 (14 ) US dollar/South Korean won (114 ) 79 (35 ) (71 ) 70 (1 ) US dollar/Uruguayan peso (42 ) 42 — (40 ) 39 (1 ) Others (323 ) 207 (116 ) (260 ) 131 (129 )
Summary of Currency Transactional Risk	AB InBev estimated the reasonably possible change of exchange rate, on the basis of the average volatility on the open currency pairs, as follows: 2021 Closing rate Possible Volatility 31 December 2021 closing rate 1 of rates in % Euro/Mexican peso 23.31 21.04 - 25.59 9.75 % Euro/Pound sterling 0.84 0.80 - 0.88 5.15 % Euro/South Korean won 1 345.90 1 273.31 - 1 418.48 5.39 % Euro/US dollar 1.13 1.07 - 1.20 5.58 % Pound sterling/US dollar 1.35 1.26 - 1.43 6.36 % US dollar/Argentinian peso 102.75 99.72 - 105.78 2.95 % US dollar/Brazilian real 5.58 4.68 - 6.48 16.07 % US dollar/Canadian dollar 1.27 1.19 - 1.35 6.54 % US dollar/Chinese yuan 6.35 6.06 - 6.64 4.55 % US dollar/Colombian peso 3 977.14 3 568.65 - 4 385.62 10.27 % US dollar/Euro 0.88 0.83 - 0.93 5.58 % US dollar/Mexican peso 20.58 18.38 - 22.79 10.71 % US dollar/Nigerian naira 424.89 379.56 - 470.22 10.67 % US dollar/Peruvian nuevo sol 3.98 3.60 - 4.35 9.53 % US dollar/South African rand 15.95 13.74 - 18.15 13.82 % US dollar/South Korean won 1 188.32 1 092.29 - 1 284.36 8.08 % US dollar/Tanzanian shilling 2 305.28 2 236.69 - 2 373.88 2.98 % US dollar/Zambian kwacha 16.67 13.41 - 19.93 19.58 % 2020 Closing rate Possible Volatility 31 December 2020 closing rate 2 of rates in % Euro/Mexican peso 24.48 19.38 - 29.58 20.83 % Euro/Pound sterling 0.90 0.82 - 0.98 9.09 % Euro/South Korean won 1 335.11 1 218.41 - 1 451.81 8.74 % Euro/US dollar 1.23 1.13 - 1.32 7.75 % Pound sterling/US dollar 1.36 1.22 - 1.51 10.79 % US dollar/Argentinian peso 84.14 74.55 - 93.73 11.40 % US dollar/Brazilian real 5.20 4.13 - 6.26 20.51 % US dollar/Canadian dollar 1.27 1.17 - 1.38 8.25 % US dollar/Chinese yuan 6.54 6.25 - 6.82 4.34 % US dollar/Colombian peso 3 438.52 2 908.55 - 3 968.50 15.41 % US dollar/Euro 0.81 0.75 - 0.88 7.75 % US dollar/Mexican peso 19.95 16.19 - 23.71 18.83 % US dollar/Nigerian naira 397.72 345.23 - 450.21 13.20 % US dollar/Peruvian nuevo sol 3.62 3.37 - 3.87 6.95 % US dollar/South African rand 14.69 12.19 - 17.18 16.99 % US dollar/South Korean won 1 088.02 1 000.21 - 1 175.84 8.07 % US dollar/Tanzanian shilling 2 321.74 2 205.30 - 2 438.18 5.02 % US dollar/Zambian kwacha 21.16 18.44 - 23.89 12.89 %
Summary of Foreign Exchange Results Recognized on Unhedged and Hedged Exposures	Foreign exchange results recognized on unhedged and hedged exposures are as follows: Million US dollar 2021 2020 2019 Economic hedges 717 (181 ) 6 Other results - not hedged (801 ) 195 (186 ) (84 ) 14 (180 )
Summary of Effective Interest Rates at Balance Sheet	31 December 2021 Before hedging After hedging Interest-bearing financial liabilities Effective Effective Million US dollar interest rate Amount interest rate Amount Floating rate Australian dollar 1.03 % 218 — — Canadian dollar — — 1.21 % 2 043 Euro — 1 113 — 1 113 Pound sterling — — 1.05 % 1 002 South Korean won — — 1.67 % 502 US dollar 1.67 % 463 — — Other 7.22 % 516 5.99 % 1 504 2 310 6 164 Fixed rate Australian dollar 4.12 % 324 — — Brazilian real 7.21 % 420 7.21 % 420 Canadian dollar 4.11 % 626 4.29 % 3 158 Euro 2.27 % 21 654 2.11 % 27 553 Pound sterling 4.35 % 3 611 4.43 % 2 937 South Korean won 3.85 % 32 0.87 % 1 695 US dollar 4.93 % 59 399 5.41 % 46 288 Other 11.42 % 454 8.80 % 615 86 520 82 666 31 December 2020 Before hedging After hedging Interest-bearing financial liabilities Effective Effective Million US dollar interest rate Amount interest rate Amount Floating rate Australian dollar 0.99 % 231 — — Brazilian real 3.90 % 164 3.90 % 164 Canadian dollar — — 1.23 % 1 895 Euro 0.15 % 2 690 0.15 % 2 690 Pound sterling — — 1.10 % 937 US dollar 1.05 % 617 1.13 % 201 Other 7.30 % 260 7.90 % 573 3 962 6 461 Fixed rate Australian dollar 3.91 % 846 — — Brazilian real 8.58 % 578 8.58 % 578 Canadian dollar 4.12 % 613 4.29 % 2 646 Euro 2.12 % 26 092 2.15 % 35 515 Pound sterling 4.30 % 3 655 4.36 % 2 973 South Korean won — — 1.30 % 1 997 US dollar 4.91 % 62 340 5.30 % 47 892 Other 11.96 % 479 11.72 % 502 94 602 92 103
Summary of Floating Rate Debt after Hedging	The company estimated that the reasonably possible change of the market interest rates applicable to its floating rate debt after hedging is as follows: 2021 Interest rate Possible Volatility 31 December 2021 1 interest rate 2 of rates in % Brazilian real 8.88 % 7.85% - 9.91 % 11.58 % Euro — — 10.64 % US dollar 0.21 % 0.11% - 0.31 % 48.10 % 2020 Interest rate Possible Volatility 31 December 2020 1 interest rate 2 of rates in % Brazilian real 2.09 % 1.74% - 2.44 % 16.77 % Euro — — 16.83 % US dollar 0.24 % 0.10% - 0.38 % 58.30 %
Summary of Interest Expense Recognized on Unhedged and Hedged Financial Liabilities	Interest expense recognized on unhedged and hedged financial liabilities are as follows: Million US dollar 2021 2020 2019 Financial liabilities measured at amortized cost – not hedged (3 836 ) (4 154 ) (4 264 ) Fair value hedges (6 ) (1 ) (46 ) Cash flow hedges 17 19 15 Net investment hedges - hedging instruments (interest component) — 2 2 Economic hedges 141 118 124 (3 684 ) (4 016 ) (4 168 )
Schedule of Commodity Derivatives Outstanding	The most significant commodity exposures as at 31 December 2021 and 31 December 2020 are included in the table below (expressed in outstanding notional amounts): Million US dollar 31 December 2021 31 December 2020 Aluminum swaps 1 241 1 184 Exchange traded sugar futures 85 74 Natural gas and energy derivatives 350 202 Corn swaps 292 160 Exchange traded wheat futures 129 83 Rice swaps 85 76 Plastic derivatives 93 50 2 274 1 828 1 Applicable 3-month InterBank Offered Rates as of 3 1 2 Sensitivity analysis is assessed based on the yearly volatility using daily observable market data during 250 days at 3 1
Summary of Estimated Impact on Changes in the Price of Commodities	The tables below show the estimated impact that changes in the price of the commodities, for which AB InBev held material derivative exposures as at 31 December 2021 and 31 December 2020, would have on the equity reserves. 2021 Pre-tax Million US dollar Volatility of prices in % 1 Prices increase Prices decrease Aluminum 23.09 % 287 (287 ) Sugar 26.39 % 22 (22 ) Energy 25.88 % 91 (91 ) Corn 23.26 % 68 (68 ) Wheat 29.24 % 38 (38 ) Rice 15.96 % 14 (14 ) Plastic 28.68 % 27 (27 ) 2020 Pre-tax Million US dollar Volatility of prices in % 2 Prices increase Prices decrease Aluminum 14.96 % 177 (177 ) Sugar 31.48 % 23 (23 ) Energy 47.08 % 95 (95 ) Corn 32.84 % 52 (52 ) Wheat 25.30 % 21 (21 ) Rice 46.17 % 35 (35 ) Plastic 26.74 % 13 (13 )
Summary of Carrying Amount of Financial Assets	The carrying am o 31 December 2021 31 December 2020 Million US dollar Gross Impairment Net carrying Gross Impairment Net carrying Investment in unquoted companies 145 (6 ) 139 121 (6 ) 115 Investment in debt securities 396 — 396 418 — 418 Trade receivables 3 796 (331 ) 3 465 3 593 (308 ) 3 285 Cash deposits for guarantees 168 — 168 184 — 184 Loans to customers 117 — 117 142 — 142 Other receivables 1 272 (65 ) 1 207 1 299 (62 ) 1 237 Derivatives 669 — 669 965 — 965 Cash and cash equivalents 12 097 — 12 097 15 252 — 15 252 18 660 (402 ) 18 258 21 974 (376 ) 21 598
Summary of Allowance for Impairment	The allowance for impairment recognized during the period per classes of financial assets was as follows: 2021 Million US dollar Trade receivables FVOCI Other receivables Total Balance at 1 January (308 ) (6 ) (62 ) (376 ) Impairment losses (34 ) — (3 ) (37 ) Derecognition 29 — 1 30 Currency translation and other (18 ) — (1 ) (19 ) Balance at 31 December (331 ) (6 ) (65 ) (402 ) 2020 Million US dollar Trade receivables FVOCI Other receivables Total Balance at 1 January (173 ) (6 ) (103 ) (283 ) Impairment losses (93 ) — (6 ) (99 ) Derecognition 7 — 42 49 Currency translation and other (50 ) — 4 (46 ) Balance at 31 December (308 ) (6 ) (62 ) (376 ) 2019 Million US dollar Trade receivables FVOCI Other receivables Total Balance at 1 January (160 ) (6 ) (106 ) (273 ) Impairment losses (51 ) — (30 ) (81 ) Derecognition 26 — 31 57 Currency translation and other 12 — 2 14 Balance at 31 December (173 ) (6 ) (103 ) (283 )
Summary of Nominal Contractual Maturities of Non-Derivative Financial Liabilities	The following are the nominal contractual maturities of non-derivative 31 December 2021 Contractual Less More Carrying cash than than Million US dollar amount 1 flows 1 year 1-2 years 2-3 years 3-5 years 5 years Non-derivative Secured bank loans (628 ) (636 ) (551 ) (53 ) (5 ) (9 ) (18 ) Unsecured bank loans (106 ) (106 ) (106 ) — — — — Unsecured bond issues (85 726 ) (152 064 ) (3 479 ) (3 596 ) (6 192 ) (13 800 ) (124 997 ) Unsecured other loans (40 ) (84 ) (11 ) (48 ) (5 ) (4 ) (16 ) Lease liabilities (2 277 ) (2 429 ) (497 ) (470 ) (337 ) (450 ) (675 ) Bank overdraft (53 ) (53 ) (53 ) — — — — Trade and other payables (26 442 ) (26 643 ) (25 424 ) (314 ) (507 ) (96 ) (302 ) (115 272 ) (182 015 ) (30 121 ) (4 481 ) (7 046 ) (14 359 ) (126 008 ) Derivative financial liabilities Foreign exchange derivatives (166 ) (166 ) (166 ) — — — — Cross currency interest rate swaps (273 ) (293 ) (147 ) (35 ) (32 ) (56 ) (23 ) Commodity derivatives (34 ) (34 ) (34 ) — — — — Equity derivatives (5 412 ) (5 420 ) (5 420 ) — — — — (5 885 ) (5 913 ) (5 767 ) (35 ) (32 ) (56 ) (23 ) Of which: related to cash flow hedges (203 ) (203 ) (170 ) — — (29 ) (4 ) 31 December 2020 Contractual Less More Carrying cash than than Million US dollar amount 1 flows 1 year 1-2 2-3 3-5 5 years Non-derivative Secured bank loans (702 ) (735 ) (675 ) (14 ) (12 ) (10 ) (24 ) Commercial papers (1 522 ) (1 522 ) (1 522 ) — — — — Unsecured bank loans (294 ) (299 ) (299 ) — — — — Unsecured bond issues (93 725 ) (165 812 ) (3 582 ) (4 057 ) (3 823 ) (16 557 ) (137 793 ) Unsecured other loans (83 ) (115 ) (13 ) (8 ) (6 ) (57 ) (31 ) Lease liabilities (2 234 ) (2 455 ) (460 ) (425 ) (315 ) (424 ) (831 ) Bank overdraft (5 ) (5 ) (5 ) — — — — Trade and other payables (24 496 ) (24 688 ) (22 906 ) (1 103 ) (135 ) (197 ) (347 ) (123 061 ) (195 631 ) (29 462 ) (5 607 ) (4 291 ) (17 245 ) (139 026 ) Derivative financial liabilities Foreign exchange derivatives (696 ) (696 ) (696 ) — — — — Cross currency interest rate swaps (709 ) (852 ) (8 ) (575 ) (98 ) (132 ) (39 ) Commodity derivatives (26 ) (26 ) (26 ) — — — — Equity derivatives (5 373 ) (5 372 ) (4 455 ) (917 ) — — — (6 803 ) (6 946 ) (5 184 ) (1 492 ) (98 ) (132 ) (39 ) Of which: related to cash flow hedges (418 ) (418 ) (353 ) — — (65 ) — 1 “Carrying amount” refers to net book value as recognized in the balance sheet at each reporting date.
Summary for Each Type of Derivative Fair Value Recognized as Assets and Lliabilities	The following table summarizes for each type of derivative the fair values recognized as assets or liabilities in the balance sheet: Assets Liabilities Net 31 December 31 December 31 December 31 December 31 December 31 December Million US dollar 2021 2020 2021 2020 2021 2020 Foreign currency Forward exchange contracts 238 480 (129 ) (691 ) 109 (211 ) Foreign currency futures — 36 (37 ) (5 ) (37 ) 31 Interest rate Interest rate swaps 38 80 — — 38 80 Cross currency interest rate swaps 111 107 (273 ) (709 ) (162 ) (602 ) Commodities Aluminum swaps 178 170 (20 ) (10 ) 158 160 Sugar futures 13 10 — — 13 10 Energy 29 9 (2 ) (7 ) 27 2 Other commodity derivatives 62 46 (13 ) (8 ) 50 37 Equity Equity derivatives — 27 (5 412 ) (5 373 ) (5 412 ) (5 346 ) 669 965 (5 886 ) (6 804 ) (5 216 ) (5 839 ) Of which: Non-current 48 138 (100 ) (1 759 ) (52 ) (1 621 ) Current 621 827 (5 786 ) (5 046 ) (5 164 ) (4 218 )
Summary of Carrying Amount of Fixed Rate Interest-Bearing Financial Liabilities and Fair Value	The following table summarizes the carrying amount and the fair value of the fixed rate interest-bearing financial liabilities as recognized on the balance sheet. Floating rate interest-bearing financial liabilities, trade and other receivables and trade and other payables, including derivatives financial instruments, have been excluded from the analysis as their carrying amount is a reasonable approximation of their fair value: Interest-bearing financial liabilities 31 December 2021 31 December 2020 Million US dollar Carrying amount 1 Fair value Carrying amount 1 Fair value Fixed rate Australian dollar (324 ) (366 ) (846 ) (964 ) Brazilian real (420 ) (419 ) (578 ) (578 ) Canadian dollar (626 ) (605 ) (613 ) (633 ) Euro (21 654 ) (23 801 ) (26 092 ) (29 809 ) Pound sterling (3 611 ) (3 913 ) (3 655 ) (4 301 ) US dollar (59 399 ) (75 261 ) (62 340 ) (81 771 ) Other (486 ) (471 ) (479 ) (480 ) (86 520 ) (104 836 ) (94 602 ) (118 536 ) 1 “Carrying amount” refers to net book value as recognized in the balance sheet at each reporting date.
Analysis of Financial Instruments	The table sets out the fair value hierarchy based on the degree to which significant market inputs are observable: Fair value hierarchy 31 December 2021 Quoted (unadjusted) Observable market Unobservable market Million US dollar prices - level 1 inputs - level 2 inputs - level 3 Financial Assets Held for trading (non-derivatives) — 9 — Derivatives at fair value through profit and loss — 155 — Derivatives in a cash flow hedge relationship 58 352 — Derivatives in a fair value hedge relationship — 17 — Derivatives in a net investment hedge relationship — 87 — 58 620 — Financial Liabilities Deferred consideration on acquisitions at fair value — — 832 Derivatives at fair value through profit and loss — 5 611 — Derivatives in a cash flow hedge relationship 52 141 — Derivatives in a net investment hedge relationship — 82 — 52 5 834 832 Fair value hierarchy 31 December 2020 Quoted (unadjusted) Observable market Unobservable market Million US dollar prices - level 1 inputs - level 2 inputs - level 3 Financial Assets Held for trading (non-derivatives) — 11 — Derivatives at fair value through profit and loss — 457 — Derivatives in a cash flow hedge relationship 29 343 — Derivatives in a fair value hedge relationship — 80 — Derivatives in a net investment hedge relationship — 57 — 29 948 — Financial Liabilities Deferred consideration on acquisitions at fair value — — 1 251 Derivatives at fair value through profit and loss — 6 119 — Derivatives in a cash flow hedge relationship 46 353 — Derivatives in a net investment hedge relationship — 287 — 46 6 759 1 251
Summary of Hedging Reserve and Hedging Instruments	The company’s hedging reserves disclosed in Note 22 relate to the following instruments: Million US dollar Foreign currency Commodities Others Total hedging reserves As per 1 January 2021 20 274 84 376 Change in fair value of hedging instrument recognized in OCI 766 123 — 888 Reclassified to profit or loss / cost of inventory (107 ) (703 ) 27 (783 ) As per 31 December 2021 679 (306 ) 111 481 Million US dollar Foreign currency Commodities Others Total hedging reserves As per 1 January 2020 174 117 107 397 Change in fair value of hedging instrument recognized in OCI 353 31 — 384 Reclassified to profit or loss / cost of inventory (507 ) 126 (23 ) (404 ) As per 31 December 2020 20 274 84 376
Summary of Offsetting Financial Assets and Liabilities	The following financial assets and liabilities are subject to offsetting, enforceable master netting agreements and similar agreements: 31 December 2021 Million US dollar Gross amount Net amount recognized in the statement of 1 Other offsetting agreements 2 Total net amount Derivative assets 670 670 (651 ) 19 Derivative liabilities (5 886 ) (5 886 ) 651 (5 235 ) 31 December 2020 Million US dollar Gross amount Net amount financial position 1 Other offsetting agreements 2 Total net amount Derivative assets 965 965 (954 ) 11 Derivative liabilities (6 804 ) (6 804 ) 954 (5 851 )

Collateral and contractual co_2

Collateral and contractual commitments for the acquisition of property, plant and equipment, loans to customers and other (Tables)	12 Months Ended
	Dec. 31, 2021
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Summary of Collateral and Contractual Commitments for Acquisition of Property, Plant And Equipment, Loans to Customers and Other	Million US dollar 31 December 2021 31 December 2020 Collateral given for own liabilities 310 391 Contractual commitments to purchase property, plant and equipment 449 528 Contractual commitments to acquire loans to associates/customers 142 150 Other commitments 1 943 1 953

Contingencies (Tables)

Contingencies (Tables)	12 Months Ended
	Dec. 31, 2021
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Summary of Ab Inbev's Material Tax Proceedings Related to Ambev and Its Subsidiaries	As of 31 December 2021 and 31 December 2020, AB InBev’s material tax proceedings are related to Ambev and its subsidiaries. Estimates of amounts of possible loss are as follows: Million US dollar 31 December 2021 31 December 2020 Income tax and social contribution 9 723 10 372 Value-added and excise taxes 4 285 4 483 Other taxes 663 727 14 671 15 582

Non-controlling interests (Tabl

Non-controlling interests (Tables)	12 Months Ended
	Dec. 31, 2021
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Summary of Financial Information of Material Non-Controlling Interest	Summarized financial information of Ambev and Budweiser APAC, in which the company has material non-controlling Ambev Budweiser APAC Million US dollar 31 December 2021 31 December 2020 31 December 2021 31 December 2020 Summarized balance sheet information Current assets 6 922 6 801 3 161 2 332 Non-current 17 915 17 291 13 464 13 857 Current liabilities 6 965 6 442 4 691 4 637 Non-current 2 817 3 188 851 809 Equity attributable to equity holders 14 809 14 204 11 013 10 685 Non-controlling 246 257 70 58 Ambev Budweiser APAC Million US dollar 2021 2020 2019 1 2021 2020 2019 2 Summarized income statement and other comprehensive income information Revenue 13 570 11 373 13 196 6 788 5 588 6 546 Net income 2 444 2 286 3 093 981 537 908 Attributable to: Equity holders 2 360 2 217 2 989 950 514 898 Non-controlling 84 69 104 31 23 10 Net income 2 444 2 286 3 093 981 537 908 Other comprehensive income 629 1 467 (193 ) (289 ) 635 (229 ) Total comprehensive income 3 074 3 753 2 900 692 1 172 679 Attributable to: Equity holders 2 970 3 647 2 801 660 1 147 665 Non-controlling 104 106 99 32 25 14 Summarized cash flow information Cash flow from operating activities 4 266 3 673 4 664 1 903 1 301 1 379 Cash flow from investing activities (1 441 ) (1 325 ) (1 228 ) (731 ) (572 ) (743 ) Cash flow from financing activities (2 988 ) (1 676 ) (3 117 ) (464 ) (432 ) (1 349 ) Net increase/(decrease) in cash and cash equivalents (163 ) 673 319 708 297 (713 )

Related parties (Tables)

Related parties (Tables)	12 Months Ended
	Dec. 31, 2021
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Summary of Directors and Executive Board Management Compensation	2021 2020 2019 Million US dollar Directors Executive Committee 1 Directors Executive Committee Directors Executive Committee Short-term employee benefits 2 24 2 4 2 9 Termination benefits — — — 2 — 1 Share-based payment — 33 — 7 — 25 2 57 2 13 2 35
Summary of Aggregate Amounts of AB InBev's Interest	Million US dollar 2021 2020 2019 Non-current 8 8 10 Current assets 2 2 3 Non-current 9 9 11 Current liabilities 2 12 10 Result from operations (3 ) 3 3 Profit attributable to equity holders of AB InBev (2 ) 3 3
Summary of AB InBev's Transactions with Associates	Million US dollar 2021 2020 2019 Gross profit 58 (118 ) (78 ) Current assets 57 55 38 Current liabilities 99 115 119

Supplemental guarantor financ_2

Supplemental guarantor financial information (Tables)	12 Months Ended
	Dec. 31, 2021
Text block [abstract]
Schedule of Condensed Consolidated Income Statement	Income Statement Data For the year ended 31 December 2021 ABISA ABIWW ABIFI ABC Brandbrew, Eliminations Total ABISA Million US dollar Revenue - external 472 — — 14 104 — — 14 576 Revenue from non-guarantor 122 — — 222 — — 344 Revenue from guarantor subsidiaries — — — 54 — (54 ) — Cost of sales - external (275 ) — — (5 462 ) — — (5 737 ) Cost of sales to non-guarantor (157 ) — — (687 ) — — (844 ) Cost of sales to guarantor subsidiaries (15 ) — — (34 ) — 49 — Gross profit 147 — — 8 197 — (5 ) 8 339 Selling, general and administrative expenses - external (589 ) — — (3 974 ) 6 — (4 557 ) Selling, general and administrative expenses (non-guarantor (17 ) — — (248 ) 12 — (253 ) Selling, general and administrative expenses (guarantor subsidiaries) 158 1 313 — (1 491 ) 15 5 — Other operating income/(expenses)¹ - external 2 — — (191 ) — — (189 ) Other operating income/(expenses)¹ (non-guarantor 37 — — 114 — — 151 Other operating income/(expenses)¹ (guarantor subsidiaries) 42 (5 ) — (37 ) — — — Profit /(loss) from operations (220 ) 1 308 — 2 370 33 — 3 491 Net finance income/(cost) - external (1 016 ) (2 088 ) (346 ) (1 484 ) 109 — (4 825 ) Net finance income/(cost) (non-guarantor 149 2 025 60 713 817 — 3 764 Net finance income/(cost) (guarantor subsidiaries) 139 (1 314 ) 350 1 276 (451 ) — — Share of result of associates and joint ventures — — — 2 — — 2 Income tax expense (13 ) (56 ) (12 ) (296 ) — — (377 ) Profit /(loss) from continuing operations (961 ) (125 ) 52 2 581 508 — 2 055 Income from non-guarantor 4 717 (58 ) — 201 361 (5 221 ) — Income from guarantor subsidiaries 914 2 977 — — — (3 891 ) — Profit from discontinued operations — — — — — — — Profit of the year 4 670 2 794 52 2 782 869 (9 112 ) 2 055 1 Other operating income/(expense) include exceptional items. Income Statement Data For the year ended 31 December 2020 ABISA ABIWW ABIFI ABC Brandbrew, Eliminations Total ABISA Million US dollar Revenue - external 373 — — 13 587 — — 13 960 Revenue from non-guarantor 117 — — 183 — — 300 Revenue from guarantor subsidiaries — — — 36 — (36 ) — Cost of sales - external (216 ) — — (5 138 ) — — (5 354 ) Cost of sales to non-guarantor (130 ) — — (583 ) — — (713 ) Cost of sales to guarantor subsidiaries (11 ) — — (25 ) — 36 — Gross profit 133 — — 8 061 — — 8 194 Selling, general and administrative expenses - external (401 ) — — (3 670 ) (17 ) — (4 088 ) Selling, general and administrative expenses (non-guarantor 110 1 — (164 ) 3 — (50 ) Selling, general and administrative expenses (guarantor subsidiaries) 414 1 274 (1 ) (1 688 ) 1 — — Other operating income/(expenses )¹ - external (159 ) — — (196 ) 62 — (293 ) Other operating income/(expenses)¹ (non-guarantor (15 ) — — 187 — — 172 Other operating income/(expenses)¹ (guarantor subsidiaries) 46 (4 ) — (42 ) — — — Profit /(loss) 128 1 271 (1 ) 2 488 49 — 3 935 Net finance income/(cost) - external (1 026 ) (2 136 ) (904 ) 180 (2 244 ) — (6 130 ) Net finance income/(cost) (non-guarantor 385 60 7 1 229 1 478 — 3 159 Net finance income/(cost) (guarantor subsidiaries) (787 ) 525 516 (366 ) 112 — — Share of result of associates and joint ventures — — — (5 ) — — (5 ) Income tax expense (26 ) 498 (17 ) (554 ) (3 ) — (102 ) Profit /(loss) (1 326 ) 218 (399 ) 2 972 (607 ) — 859 Income from non-guarantor 2 650 (121 ) — 112 719 (3 360 ) — Income from guarantor subsidiaries 81 2 969 — — — (3 050 ) — Profit from discontinued operations — — — — 368 — 368 Profit of the year 1 405 3 065 (399 ) 3 085 480 (6 410 ) 1 227 1 Other operating income/(expense) include exceptional items.
Schedule of Condensed Consolidated Statement of Financial Position	Bal a As at 31 December 2021 ABISA ABIWW ABIFI ABC Brandbrew, Eliminations Total ABISA Million US dollar Due from non-guarantor 13 141 15 102 1 200 32 092 16 496 — 78 031 Due from guarantor subsidiaries — — 6 076 1 233 — (7 309 ) — Due from subsidiaries 13 141 15 102 7 276 33 325 16 496 (7 309 ) 78 031 Property, plant and equipment 62 — — 4 343 — — 4 405 Goodwill and intangible assets 1 364 — — 55 283 97 — 56 744 Investments in subsidiaries 112 722 79 596 — 35 862 15 017 (243 197 ) — Derivatives — — — — 48 — 48 Other non-current — 207 — 30 — — 237 Other non-current 114 148 79 803 — 95 518 15 162 (243 197 ) 61 434 Total non-current 127 289 94 905 7 276 128 843 31 658 (250 506 ) 139 465 Due from non-guarantor 646 — 71 3 007 3 436 — 7 160 Due from guarantor subsidiaries 655 5 934 731 81 3 402 (10 803 ) — Due from subsidiaries 1 301 5 934 802 3 088 6 838 (10 803 ) 7 160 Inventories — — — 961 — — 961 Derivatives — — — 132 293 — 425 Trade and other receivables 201 — — 546 9 — 756 Cash and cash equivalents 1 127 7 7 367 8 156 — 9 664 Other current assets 9 — — 57 2 — 68 Other current assets 1 337 7 7 2 063 8 460 — 11 874 Total current assets 2 638 5 941 809 5 151 15 298 (10 803 ) 19 034 Total equity 68 669 57 635 678 71 348 23 849 (243 197 ) (21 018 ) Due to non-guarantor 17 517 7 325 — 20 768 3 350 — 48 960 Due to guarantor subsidiaries 6 076 1 233 — — — (7 309 ) — Due to subsidiaries 23 593 8 558 — 20 768 3 350 (7 309 ) 48 960 Interest-bearing loans and borrowings 25 483 33 064 7 268 19 905 — — 85 720 Employee benefits 3 — — 803 — — 806 Deferred tax liabilities — — 1 6 520 60 — 6 581 Derivatives — — — — 100 — 100 Other non-current — — — 110 — — 110 Other non-current 25 486 33 064 7 269 27 338 160 — 93 317 Total non-current 49 079 41 622 7 269 48 106 3 510 (7 309 ) 142 277 Due to non-guarantor 244 732 — 4 771 9 190 — 14 937 Due to guarantor subsidiaries 4 658 24 — 5 875 246 (10 803 ) — Due to subsidiaries 4 902 756 — 10 646 9 436 (10 803 ) 14 937 Interest-bearing loans and borrowings 1 218 — 19 — — 238 Derivatives 2 — — 12 5 666 — 5 680 Bank overdrafts 6 292 — 2 — 4 474 — 10 768 Trade and other payables 905 543 131 3 863 21 — 5 463 Other current liabilities 77 72 5 — — — 154 Other current liabilities 7 277 833 138 3 894 10 161 — 22 303 Total current liabilities 12 179 1 589 138 14 540 19 597 (10 803 ) 37 240 Balance Sheet Data As at 31 December 2020 ABISA ABIWW ABIFI ABC Brandbrew, Eliminations Total ABISA Million US dollar Due from non-guarantor 6 858 11 682 1 200 14 463 9 217 — 43 420 Due from guarantor subsidiaries — — 6 609 — — (6 609 ) — Due from subsidiaries 6 858 11 682 7 809 14 463 9 217 (6 609 ) 43 420 Property, plant and equipment 61 — — 4 306 — — 4 367 Goodwill and intangible assets 1 246 — — 55 397 97 — 56 740 Investments in subsidiaries 121 737 75 095 — 42 150 17 408 (256 390 ) — Derivatives — — — — 117 — 117 Other non-current — 191 — 56 132 — 379 Other non-current 123 044 75 286 — 101 909 17 754 (256 390 ) 61 602 Total non-current 129 902 86 968 7 809 116 372 26 971 (262 999 ) 105 022 Due from non-guarantor 5 831 2 386 37 4 116 10 511 — 22 881 Due from guarantor subsidiaries 481 5 317 3 411 — 7 420 (16 629 ) — Due from subsidiaries 6 312 7 703 3 448 4 116 17 931 (16 629 ) 22 881 Inventories — — — 751 — — 751 Derivatives — — — 76 556 — 632 Trade and other receivables 149 — — 630 1 — 780 Cash and cash equivalents 6 887 3 — 187 13 601 — 20 678 Other current assets 9 471 — 3 — — 483 Other current assets 7 045 474 — 1 647 14 158 — 23 323 Total current assets 13 357 8 177 3 488 5 763 32 089 (16 629 ) 46 204 Total equity 68 024 49 373 627 75 634 24 470 (256 390 ) (38 262 ) Due to non-guarantor 18 979 7 798 — 5 351 4 236 — 36 364 Due to guarantor subsidiaries 6 609 — — — — (6 609 ) — Due to subsidiaries 25 588 7 798 — 5 351 4 236 (6 609 ) 36 364 Interest-bearing loans and borrowings 29 987 36 280 7 826 19 891 — — 93 984 Employee benefits 4 — — 1 066 — — 1 070 Deferred tax liabilities — — — 6 692 — — 6 692 Derivatives — — — — 1 759 — 1 759 Other non-current 30 — — 341 — — 370 Other non-current 30 021 36 280 7 826 27 989 1 759 — 103 874 Total non-current 55 609 44 078 7 826 33 340 5 995 (6 609 ) 140 238 Due to non-guarantor 73 536 1 4 090 11 263 — 15 963 Due to guarantor subsidiaries 7 878 32 — 4 917 3 802 (16 629 ) — Due to subsidiaries 7 951 568 1 9 007 15 065 (16 629 ) 15 963 Interest-bearing loans and borrowings 1 485 37 182 11 — — 1 715 Derivatives — — — 12 4 924 — 4 936 Bank overdrafts 9 274 494 2 466 47 8 594 — 20 875 Trade and other payables 833 595 142 3 739 12 — 5 321 Other current liabilities 83 — 13 345 — — 441 Other current liabilities 11 675 1 126 2 803 4 154 13 530 — 33 290 Total current liabilities 19 626 1 694 2 804 13 161 28 595 (16 629 ) 49 253

Events after the balance shee_2

Events after the balance sheet date (Tables)	12 Months Ended
	Dec. 31, 2021
Text block [abstract]
Summary of exercising option to redeem outstanding principal amount	Date of redemption Issuer Title of series of notes issued Currency Original principal (in million) Principal amount (in million) 9 February 2022 ABIFI 3.650% Notes due 2026 USD 1 633 1 633 1 March 2022 ABIFI 4.915% Notes due 2046 USD 1 470 1 470

AB InBev companies (Tables)

AB InBev companies (Tables)	12 Months Ended
	Dec. 31, 2021
Investments accounted for using equity method [abstract]
Schedule of Name and Registered Office of Fully Consolidated Companies	LIST OF MOST IMPORTANT FULLY CONSOLIDATED COMPANIES % of economic interest as at Name and registered office of fully consolidated companies 31 December 2021 ARGENTINA CERVECERIA Y MALTERIA QUILMES SAICA Y G - Charcas 5160 - C1425BOF - Buenos Aires 61.64 % BELGIUM AB-INBEV Consolidating BRASSERIE DE L’ABBAYE DE LEFFE S.A. - Place de l’Abbaye, 1 - 5500 - Dinant 98.54 % BROUWERIJ VAN HOEGAARDEN N.V. - Stoopkensstraat 46 - 3320 - Hoegaarden 100.00 % COBREW N.V - Brouwerijplein 1 - 3000 - Leuven 100.00 % INBEV BELGIUM BV/SRL - Boulevard Industriel 21 - 1070 - Brussel 100.00 % BOTSWANA KGALAGADI BREWERIES (PTY) LIMITED - Plot 20768, Kudu Road, Broadhurst Industrial Estate - Gaborone 1 31.06 % BOLIVIA CERVECERÍA BOLIVIANA NACIONAL S.A. - Av. Montes 400 and Calle Chuquisaca No. 121, Zona Challapampa - La Paz 52.73 % BRAZIL AMBEV S.A. - Rua Dr. Renato Paes de Barros, 1017 - 3° floor - Itaim Bibi - CEP 04530-001 61.79 % CANADA LABATT BREWING COMPANY LIMITED - 207 Queen’s Quay West, Suite 299 - M5J 1A7 - Toronto 61.79 % CHILE CERVECERIA CHILE S.A. - Av. Presidente Eduardo Frei Montalva 9600, Quilicura - 8700000 - Santiago de Chile 61.79 % CHINA ANHEUSER-BUSCH INBEV (CHINA) SALES CO. LTD. - Shangshou, Qin Duan Kou, Hanyang Area - 430051 - Wuhan City, Hubei Province 87.22 % ANHEUSER-BUSCH INBEV (WUHAN) BREWERY CO. LTD. - Shangshou, Qin Duan Kou, Hanyang Area - 430051 - Wuhan City, Hubei Province 84.66 % ANHEUSER-BUSCH INBEV (FOSHAN) BREWERY CO. LTD. - 1 Budweiser Avenue, Southwest St., Sanshui District - 528132 - Foshan City, Guangdong 87.22 % ANHEUSER-BUSCH INBEV HARBIN BREWERY CO. LTD. - 9 Hapi Road, Pingfang district - 150066 - Harbin City, Heilongijang Province 87.22 % ANHEUSER-BUSCH INBEV (TANGSHAN) BREWERY CO. LTD. - 18, Yingbin Road - 063300 - Tangshan City, Hebei Province 87.22 % ANHEUSER-BUSCH INBEV SEDRIN BREWERY CO. LTD. - No.1 West Xuejin Avenue,Hanjiang District - 351111 - Putian City, Fujian Province 87.22 % ANHEUSER-BUSCH INBEV SEDRIN (ZHANGZHOU) BREWERY CO. LTD. - Lantian Economic District - 363005 - Zhangzhou City, Fujian Province 87.22 % ANHEUSER-BUSCH INBEV (TAIZHOU) BREWERY CO. LTD. - 159 Qi Xia East Road, Chengguan Town, Tiantai County - 317200 - Taizhou City, Zhejiang Province 87.22 % ANHEUSER-BUSCH INBEV SEDRIN (NANCHANG) BREWERY CO. LTD. - 1188 Jinsha Avenue, Economic District - Nanchang City, Jiangxi Province 87.22 % SIPING GINSBER DRAFT BEER CO. LTD. - Xianmaquan, Tiedong Area - Siping City, Jilin Province 87.22 % ANHEUSER-BUSCH INBEV (NANTONG) BREWERY CO. LTD. - 666 Zhaoxia Road - Nantong City, Jiangsu Province 87.22 % ANHEUSER-BUSCH INBEV (SICHUAN) BREWERY CO. LTD. - No. 1, AB InBev Avenue, Cheng Nan Industry Park, Economic Development Area - 641300 - Ziyang City, Sichuan Province 87.22 % ANHEUSER-BUSCH INBEV (HENAN) BREWERY CO. LTD. - No. 1 Budweiser Avenue, Industry Park, Tangzhuang Town - 453100 - Weihui City, Henan Province 87.22 % 1 The group’s shares entitle the holder to twice the voting rights. Name and registered office of fully consolidated companies % of economic interest as at 31 December 2021 INBEV JINLONGQUAN (HUBEI) BREWERY CO. LTD. - 89 Jin Long Quan Avenue - Jingmen City, Hubei Province 52.33 % ANHEUSER-BUSCH INBEV (SUQIAN) BREWERY CO. LTD. - No 1 Qujiang Road, Suyu Industry Park - Suqian City, Jiangsu Province 87.22 % ANHEUSER-BUSCH INBEV SEDRIN BREWERY CO. LTD. - No.1 West Xuejin Avenue,Hanjiang District - 351111 - Putian City, Fujian Province 87.22 % ANHEUSER-BUSCH INBEV(WENZHOU) BREWERY CO. LTD. - No. 5108 Management Office, MingZhu Road, Binghai District, Development Zone - 325025 - Wenzhou City, Zhejiang Province 87.22 % BLUE GIRL BEER (GUANGZHOU) COMPANY LIMITED - Units 2101,21/F, Tower A, China International Centre, 33 Zhongshan San Road - 510000 - Guangzhou City 56.69 % COLOMBIA ZX VENTURES COLOMBIA S.A.S. - Carrera 53 A, No 127 - 35 - 110221 - Bogota 100.00 % BAVARIA & CIA S.A.S. - Carrera 53 A, No 127 - 35 - 110221 - Bogota 99.16 % KOPPS COMERCIAL S.A.S. - Carrera 53 A, No 127 - 35 - 110221 - Bogota 100.00 % CERVECERIA DEL VALLE - Calle 15, No. 25 A37 Autopista, Cali-Yumbo - 760507 - Yumbo 100.00 % CERVECERIA UNION - Cra 50 A #38-39, 99.14 % CZECH REPUBLIC PIVOVAR SAMSON A.S. - Lidická 458 - 370 01 - České Budějovice 100.00 % ANHEUSER-BUSCH INBEV CZECH S.R.O. - Vyskočilova 1422/1A - 140 00 - Praha 4-Michle 100.00 % DOMINICAN REPUBLIC CERVECERIA NACIONAL DOMINICANA S.A. - Autopista 30 de Mayo Km 61/2, Distrito Nacional - A.P. 1086 - Santo Domingo 1 52.52 % ECUADOR CERVECERÍA NACIONAL (CN) S.A. - Via a daule km 16,5 y calle cobre s/n - Guayaquil, Guayas 95.58 % EL SALVADOR INDUSTRIAS LA CONSTANCIA S.A. DE C.V. - Avenida Independencia, No 526 - San Salvador 100.00 % FRANCE AB INBEV FRANCE S.A.S. - Immeuble Crystal, 38, Place Vauban - C.P. 59110 - La Madeleine 100.00 % GERMANY BRAUEREI BECK GMBH & CO. KG - Am Deich 18/19 - 28199 - Bremen 100.00 % BRAUEREI DIEBELS GMBH & CO. KG - Brauerei-Diebels-Straße 1 - 47661 - Issum 100.00 % HAAKE-BECK AG - Am Deich 18/19 - 28199 - Bremen 99.96 % HASSERÖDER BRAUEREI GMBH. - Auerhahnring 1 - 38855 - Wernigerode 100.00 % ANHEUSER-BUSCH INBEV GERMANY HOLDING GMBH. - Am Deich 18/19 - 28199 - Bremen 100.00 % SPATEN-FRANZISKANER-BRÄU 100.00 % ANHEUSER-BUSCH INBEV DEUTSCHLAND GMBH & CO. KG - Am Deich 18/19 - 28199 - Bremen 100.00 % LÖWENBRÄU AG - Nymphenburger Str. 7 - 80335 - München 100.00 % GHANA ACCRA BREWERY PLC - Farra Avenue 20 1st Floor, Pkf Building - P.O. Box GP1219 - Accra 59.89 % GRAND DUCHY OF LUXEMBOURG BRASSERIE DE LUXEMBOURG MOUSEL - DIEKIRCH - Rue de la Brasserie, 1 - L-9214 95.82 % HONDURAS CERVECERÍA HONDUREÑA S.A. DE C.V. - Blvd. Del Norte, Carretera Salida a Puerto Cortes - San Pedro Sula 99.60 % HONG KONG BUDWEISER BREWING COMPANY APAC LIMITED - Suites 3012-16, 87.22 % 1 85% owned by Ambev S.A. Name and registered office of fully consolidated companies % of economic interest as at 31 December 2021 INDIA CROWN BEERS INDIA LIMITED. - 510/511, Minerva House, Sarojini Devi Road - 500003 - Secunderabad, Telangana 87.22 % ANHEUSER BUSCH INBEV INDIA LIMITED. - Unit No.301-302, 87.05 % ITALY ANHEUSER-BUSH INBEV ITALIA S.P.A. - Via Fratelli Castiglioni, 8 - 20214 - Milano 100.00 % MEXICO CERVECERIA MODELO DE MEXICO S. DE R.L. DE C.V. - Cerrada de Palomas 22, Piso 6, Reforma Social - C.P. 11650 - Mexico City, CD MX 100.00 % COMPANIA CERVECERA DE ZACATECAS S. DE R.L. DE C.V. - Blvd. Antonino Fernandez Rodriguez n° 100 - C.P. 98500 - Calera de Victor Rosales, Zacatecas 100.00 % MOZAMBIQUE CERVEJAS DE MOÇAMBIQUE SA - Rua do Jardim 1329 - Maputo 51.47 % THE NETHERLANDS INBEV NEDERLAND N.V. - Ceresstraat 1 - 4811 CA - Breda 100.00 % INTERBREW INTERNATIONAL B.V. - Ceresstraat 1 - 4811 CA - Breda 100.00 % AB INBEV AFRICA B.V. - Ceresstraat 1 - 4811 CA - Breda 62.00 % NIGERIA INTERNATIONAL BREWERIES PLC - 22/36 Glover Road, Lagos, Ikoyi, Nigeria - Lagos 1 43.00 % PANAMA CERVECERÍA NACIONAL S DE RL - Ave. Ricardo J. Alfaro, Corregimiento de Betania, Distrito de Panamá, - Panama City 61.79 % PARAGUAY CERVECERÍA PARAGUAYA S.A. - Ruta Villeta km 30 N 3045 - 2660 - Ypané 53.98 % PERU COMPANIA CERVECERA AMBEV PERU S.A.C. - Av. Los Laureles Mza. A Lt. 4 del Centro Poblado Menor Santa Maria de Huachipa - Lurigancho (Chosica) - 15 - Lima 97.22 % UNIÓN DE CERVECERÍAS PERUANAS BACKUS Y JOHNSTON S.A.A. - 3986 Av. Nicolas Ayllon, Ate - 3 - Lima 93.78 % SPAIN COMPAÑÍA CERVECERA DE CANARIAS, S.A. - Av Ángel Romero, 18 - 38009 - Santa Cruz de Tenerife 51.03 % SOUTH AFRICA SABSA HOLDINGS LTD PUBLIC LIMITED COMPANY - 65 Park Lane, Sandown - 2001 - Johannesburg 100.00 % THE SOUTH AFRICAN BREWERIES (PTY) LTD LIMITED BY SHARES - 65 Park Lane, Sandown - 2146 - Johannesburg 100.00 % SOUTH KOREA ORIENTAL BREWERY CO. LTD. - 8F, ASEM Tower, 517, Yeongdong-daero, Gangnam-gu 87.22 % SWITZERLAND ANHEUSER-BUSCH INBEV PROCUREMENT GESELLSCHAFT MIT BESCHRÄNKTER HAFTUNG (GMBH) - Suurstoffi 22 - 6343 - Rotkreuz 100.00 % TANZANIA TANZANIA BREWERIES PLC - Uhuru Street, Plot 79, Block AA - P.O. Box 9013 - Dar es Salaam 1 39.65 % UGANDA NILE BREWERIES LTD - Plot M90 Yusuf Lule Road, Njeru - P.O. Box 762 - Jinja - Eastern Uganda 61.64 % 1 The company is consolidated due to the group’s majority shareholdings and ability to control the operations. Name and registered office of fully consolidated companies % of economic interest as at 31 December 2021 UNITED KINGDOM ABI SAB GROUP HOLDING LIMITED - Bureau, 90 Fetter Lane - EC4A 1EN - London 100.00 % ABI UK HOLDING 1 LIMITED - Bureau, 90 Fetter Lane - EC4A 1EN - London 100.00 % AB INBEV UK LIMITED - Bureau, 90 Fetter Lane - EC4A 1EN - London 100.00 % AB INBEV HOLDINGS LIMITED - Bureau, 90 Fetter Lane - EC4A 1EN - London 100.00 % AB INBEV INTERNATIONAL BRANDS LIMITED - Bureau, 90 Fetter Lane - EC4A 1EN - London 100.00 % ZX VENTURES LIMITED - Bureau, 90 Fetter Lane - EC4A 1EN - London 100.00 % UNITED STATES ANHEUSER-BUSCH COMPANIES, LLC. - One Busch Place - MO 63118 - St. Louis 100.00 % ANHEUSER-BUSCH INTERNATIONAL, INC. - One Busch Place - MO 63118 - St. Louis 100.00 % ANHEUSER-BUSCH PACKAGING GROUP, INC. - One Busch Place - MO 63118 - St. Louis 100.00 % ANHEUSER-BUSCH, LLC. - One Busch Place - MO 63118 - St. Louis 100.00 % ANHEUSER-BUSCH NORTH AMERICAN HOLDING CORPORATION - C/O THE CORPORATION TRUST COMPANY, INC. - 1209 Orange Street - DE 19801 - Wilmington 100.00 % METAL CONTAINER CORPORATION, INC. - One Busch Place - MO 63118 - St. Louis 50.10 % URUGUAY CERVECERIA Y MALTERIA PAYSANDU S.A. - Cesar Cortinas, 2037 - C.P. 11500 - Montevideo 61.75 % VIETNAM ANHEUSER-BUSCH INBEV VIETNAM BREWERY COMPANY LIMITED - 2 VSIP II-A, II-A 87.22 % ZAMBIA ZAMBIAN BREWERIES - Plot No 6438, Mungwi Road - P.O. Box 31293 - Lusaka 54.00 %
Summary of Name and Registered Office of Associates and Joint Ventures [Table Text Block]	LIST OF MOST IMP O Name and registered office of associates and joint ventures % of economic interest as at 31 December 2021 FRANCE SOCIÉTÉ DES BRASSERIES ET GLACIÈRES INTERNATIONALES S.A - 49 rue François 1er - Paris 20.00 % GIBRALTAR B.I.H. BRASSERIES INTERNATIONALES HOLDING LIMITED LIMITED - ICC Building, 10th Floor, Main Street 20.00 % B.I.H. BRASSERIES INTERNATIONALES HOLDING (ANGOLA) LIMITED - Suite 10/3, International Commercial Centre, 2A Main Street 27.00 % TURKEY ANADOLU EFES BIRACILIK VE MALT SANAYII A.S. - Bahçelievler Mahallesi, Sehit Ibrahim Koparir Caddesi No. 4, Bahçelievler - Istanbul 24.00 % ZIMBABWE DELTA CORPORATION LIMITED - Sable House, Northridge Close, Borrowdale - P.O. Box BW 343 - Harare 25.42 % RUSSIA AB INBEV EFES JSC - 28 Moskovskaya street, Moscow region - 141607 - Klin 50.00 %

Corporate Information - Additio

Corporate Information - Additional Information (Detail) $ in Millions	12 Months Ended
	Dec. 31, 2021USD ($)EmployeesCountryBrand	Dec. 31, 2020USD ($)Employees	Dec. 31, 2019USD ($)Employees
Disclosure Of Corporate Information [line items]
Number of employees	169,339	163,695	171,915
Revenue | $	$ 54,304	$ 46,881	$ 52,329
Anheuser-Busch in Bev SA/NV [member]
Disclosure Of Corporate Information [line items]
Number of employees	169,000
Number of countries where the entity operates | Country	50
Anheuser-Busch in Bev SA/NV [member] | Bottom of range [member]
Disclosure Of Corporate Information [line items]
Number of beer brand | Brand	500
Brewing heritage periods	600 years

Summary of Significant Accoun_4

Summary of Significant Accounting Policies - Additional Information (Detail)	1 Months Ended	12 Months Ended
	May 31, 2018	Dec. 31, 2021SegmentsRegion	Dec. 31, 2020
Disclosure Of Exchange Rates [line items]
Trade receivable settlement period		30 days
Number of operating segments		6
Number of reportable segments		6
Number of geographical regions | Region		5
ARS [Member]
Disclosure Of Exchange Rates [line items]
Closing foreign exchange rate		102.749214	84.143520
Bottom of range [member]
Disclosure Of Exchange Rates [line items]
Voting rights in associate		20.00%
Bottom of range [member] | Argentina [member]
Disclosure Of Exchange Rates [line items]
Cumulative inflation rate	100.00%
Top of range [member]
Disclosure Of Exchange Rates [line items]
Voting rights in associate		50.00%
Software and capitalized development cost [member] | Bottom of range [member]
Disclosure Of Exchange Rates [line items]
Amortisation period		3 years
Software and capitalized development cost [member] | Top of range [member]
Disclosure Of Exchange Rates [line items]
Amortisation period		5 years

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Summary of Exchange Rates (Detail)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Argentinean Peso [member]
Disclosure Of Exchange Rates [line items]
Closing rate	102.749214	84.143520	59.890668
Brazilian Real [member]
Disclosure Of Exchange Rates [line items]
Closing rate	5.580497	5.196694	4.030696
Average rate	5.368651	5.133082	3.940998
Canadian Dollar [member]
Disclosure Of Exchange Rates [line items]
Closing rate	1.270792	1.273981	1.299449
Average rate	1.249693	1.346594	1.329140
Colombian Peso [member]
Disclosure Of Exchange Rates [line items]
Closing rate	3,977.14	3,438.52	3,272.63
Average rate	3,741.19	3,689.50	3,305.84
Chinese Yuan [member]
Disclosure Of Exchange Rates [line items]
Closing rate	6.352382	6.537798	6.961461
Average rate	6.456753	6.947936	6.886265
Euro [member]
Disclosure Of Exchange Rates [line items]
Closing rate	0.882924	0.814930	0.890155
Average rate	0.841767	0.878101	0.892577
Mexican Peso [member]
Disclosure Of Exchange Rates [line items]
Closing rate	20.583378	19.948838	18.845242
Average rate	20.339905	21.182539	19.334915
Pound Sterling [member]
Disclosure Of Exchange Rates [line items]
Closing rate	0.741903	0.732646	0.757344
Average rate	0.725564	0.780195	0.784062
Peruvian Nuevo Sol [member]
Disclosure Of Exchange Rates [line items]
Closing rate	3.976006	3.621009	3.317006
Average rate	3.877055	3.491580	3.346670
South Korean Won [member]
Disclosure Of Exchange Rates [line items]
Closing rate	1,188.32	1,088.02	1,154.54
Average rate	1,139.06	1,185.02	1,160.69
South African Rand [member]
Disclosure Of Exchange Rates [line items]
Closing rate	15.947907	14.686598	14.044287
Average rate	14.873785	16.213180	14.512975

Summary of Significant Accoun_6

Summary of Significant Accounting Policies - Summary of Estimated Useful Live of Assets Expected Utility (Detail)	12 Months Ended
	Dec. 31, 2021
Point of sale furniture and equipment [member]
Disclosure of detailed information about property, plant and equipment [line items]
Estimated useful lives	5 years
Vehicles [member]
Disclosure of detailed information about property, plant and equipment [line items]
Estimated useful lives	5 years
Bottom of range [member] | Industrial buildings - other real estate properties [member]
Disclosure of detailed information about property, plant and equipment [line items]
Estimated useful lives	20 years
Bottom of range [member] | Production plant and equipment production equipment [member]
Disclosure of detailed information about property, plant and equipment [line items]
Estimated useful lives	10 years
Bottom of range [member] | Production plant and equipment storage, packaging and handling equipment [member]
Disclosure of detailed information about property, plant and equipment [line items]
Estimated useful lives	5 years
Bottom of range [member] | Returnable packaging kegs [member]
Disclosure of detailed information about property, plant and equipment [line items]
Estimated useful lives	2 years
Bottom of range [member] | Returnable packaging crates [member]
Disclosure of detailed information about property, plant and equipment [line items]
Estimated useful lives	2 years
Bottom of range [member] | Returnable packaging bottles [member]
Disclosure of detailed information about property, plant and equipment [line items]
Estimated useful lives	2 years
Bottom of range [member] | Information processing equipment [member]
Disclosure of detailed information about property, plant and equipment [line items]
Estimated useful lives	3 years
Top of range [member] | Industrial buildings - other real estate properties [member]
Disclosure of detailed information about property, plant and equipment [line items]
Estimated useful lives	50 years
Top of range [member] | Production plant and equipment production equipment [member]
Disclosure of detailed information about property, plant and equipment [line items]
Estimated useful lives	15 years
Top of range [member] | Production plant and equipment storage, packaging and handling equipment [member]
Disclosure of detailed information about property, plant and equipment [line items]
Estimated useful lives	7 years
Top of range [member] | Returnable packaging kegs [member]
Disclosure of detailed information about property, plant and equipment [line items]
Estimated useful lives	10 years
Top of range [member] | Returnable packaging crates [member]
Disclosure of detailed information about property, plant and equipment [line items]
Estimated useful lives	10 years
Top of range [member] | Returnable packaging bottles [member]
Disclosure of detailed information about property, plant and equipment [line items]
Estimated useful lives	5 years
Top of range [member] | Information processing equipment [member]
Disclosure of detailed information about property, plant and equipment [line items]
Estimated useful lives	10 years

Use of Estimates and Judgments

Use of Estimates and Judgments - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Disclosure of changes in accounting estimates [line items]
COVID-19 costs	$ (105)	$ (182)

Segment Reporting - Additional

Segment Reporting - Additional Information (Detail) $ in Millions	12 Months Ended
	Dec. 31, 2021USD ($)Segments	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)
Disclosure of operating segments [line items]
Number of business segment | Segments	6
Net revenue	$ 54,304	$ 46,881	$ 52,329
Non current Assets	193,678	199,891
Belgium [member]
Disclosure of operating segments [line items]
Net revenue	623	501	668
Non current Assets	2,457	2,496	2,215
United States [member]
Disclosure of operating segments [line items]
Net revenue	14,259	13,815	13,693
Brazil [Member]
Disclosure of operating segments [line items]
Net revenue	6,500	5,868	7,277
Beer business [member]
Disclosure of operating segments [line items]
Net revenue	49,333	43,044	47,984
Non-beer business [member]
Disclosure of operating segments [line items]
Net revenue	$ 4,971	$ 3,837	$ 4,345

Segment Reporting - Summary of

Segment Reporting - Summary of Segment Reporting (Detail) HLS in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2021USD ($)HLS	Dec. 31, 2020USD ($)HLS	Dec. 31, 2019USD ($)HLS
Disclosure of operating segments [line items]
Revenue	$ 54,304	$ 46,881	$ 52,329
Profit from operations	13,824	9,620	16,098
Net finance income/(cost)	(5,609)	(7,697)	(3,473)
Share of results of associates and joint ventures	248	156	152
Income tax expense	(2,350)	(1,932)	(2,786)
Profit from continuing operations	6,114	147	9,990	[1]
Discontinued operations results	0	2,055	424
Profit/(loss)	6,114	2,202	$ 10,414
Segment assets (non-current)	$ 193,678	$ 199,891
Operating segments [member]
Disclosure of operating segments [line items]
Volume | HLS	582	531	561
Revenue	$ 54,304	$ 46,881	$ 52,329
Profit from operations	13,824	9,620	16,098
Net finance income/(cost)	(5,609)	(7,697)	(3,473)
Share of results of associates and joint ventures	248	156	152
Income tax expense	(2,350)	(1,932)	(2,786)
Profit from continuing operations	6,114	147	9,990
Discontinued operations results	0	2,055	424
Profit/(loss)	6,114	2,202	10,414
Segment assets (non-current)	193,678	199,891	207,834
Gross capex	$ 5,640	$ 3,781	$ 5,174
FTE	169,339	163,695	171,915
Operating segments [member] | North America [member]
Disclosure of operating segments [line items]
Volume | HLS	107	107	108
Revenue	$ 16,257	$ 15,622	$ 15,488
Profit from operations	5,110	5,147	5,341
Segment assets (non-current)	63,722	63,765	63,725
Gross capex	$ 868	$ 646	$ 679
FTE	19,691	20,281	20,040
Operating segments [member] | Middle America [Member]
Disclosure of operating segments [line items]
Volume | HLS	141	121	134
Revenue	$ 12,541	$ 10,032	$ 11,912
Profit from operations	4,888	3,885	5,384
Segment assets (non-current)	67,516	72,331	76,168
Gross capex	$ 1,307	$ 829	$ 1,286
FTE	51,969	48,751	52,412
Operating segments [member] | South America [Member]
Disclosure of operating segments [line items]
Volume | HLS	157	144	140
Revenue	$ 9,494	$ 8,092	$ 9,790
Profit from operations	2,305	2,350	3,094
Segment assets (non-current)	12,917	12,348	13,452
Gross capex	$ 1,154	$ 727	$ 1,063
FTE	42,209	40,630	41,603
Operating segments [member] | EMEA [member]
Disclosure of operating segments [line items]
Volume | HLS	87	76	86
Revenue	$ 8,032	$ 6,835	$ 7,911
Profit from operations	1,472	(1,722)	1,746
Segment assets (non-current)	34,098	35,578	39,442
Gross capex	$ 1,051	$ 768	$ 1,208
FTE	22,215	22,357	23,804
Operating segments [member] | Asia Pacific [member]
Disclosure of operating segments [line items]
Volume | HLS	88	82	93
Revenue	$ 6,848	$ 5,648	$ 6,544
Profit from operations	1,569	1,062	1,598
Segment assets (non-current)	13,453	13,845	13,450
Gross capex	$ 605	$ 508	$ 626
FTE	26,095	26,510	29,482
Operating segments [member] | Global export and holding companies [member]
Disclosure of operating segments [line items]
Volume | HLS	2	1	1
Revenue	$ 1,133	$ 652	$ 685
Profit from operations	(1,520)	(1,103)	(1,064)
Segment assets (non-current)	1,973	2,024	1,597
Gross capex	$ 655	$ 303	$ 312
FTE	7,160	5,166	4,574
[1]	The consolidated statement of cash flows for 2019 has been restated to include operating, investing and financing activities from discontinued operations separately in the cashflow statement. In addition, the 2019 cash flow from investing activities has been restated to reflect reclassification of the cash flow hedges in relation to the Australia divestiture reported in the financing activities in 2019 and recycled to profit or loss upon the completion of the transaction.

Acquisitions and Disposals of_3

Acquisitions and Disposals of Subsidiaries - Summary of Impact of Acquisitions and Disposals on Consolidated Statements (Detail) - USD ($) $ in Millions	Jun. 01, 2020	Dec. 31, 2021	Dec. 31, 2020
Non-current liabilities
Trade and other payables		$ (1,008)	$ (1,522)
Current liabilities
Consideration paid/(received)	$ 10,838
Acquisitions [member]
Non-current assets
Property, plant and equipment		2	149
Intangible assets		0	162
Investments in associates		0	(7)
Current assets
Inventories		0	33
Trade and other receivables		1	9
Cash and cash equivalents		5	5
Non-current liabilities
Interest-bearing loans and borrowings		0	(74)
Trade and other payables		0	(34)
Deferred tax liabilities		0	(6)
Current liabilities
Interest-bearing loans and borrowings		0	(4)
Trade and other payables		(5)	(59)
Net identifiable assets and liabilities		3	174
Non-controlling interest			0
Goodwill on acquisitions and goodwill disposed of		0	185
Consideration to be (paid)/received		0	(14)
Net cash paid/(received) on prior years acquisitions/(disposals)		453	170
Consideration paid/(received)		456	515
Cash (acquired)/disposed of		(5)	(5)
Net cash outflow / (inflow)		451	510
Disposals [member]
Non-current assets
Property, plant and equipment		(5)	0
Intangible assets			0
Current assets
Inventories		(7)	0
Trade and other receivables		(6)	0
Cash and cash equivalents		(5)
Non-current liabilities
Deferred tax liabilities			0
Current liabilities
Trade and other payables		10	0
Net identifiable assets and liabilities		(13)	0
Non-controlling interest			0
Goodwill on acquisitions and goodwill disposed of			0
Loss/(gain) on disposal		1	0
Net cash paid/(received) on prior years acquisitions/(disposals)			0
Consideration paid/(received)		(12)	0
Cash (acquired)/disposed of		5	0
Net cash outflow / (inflow)		$ (7)	$ 0

Acquisitions and Disposals of_4

Acquisitions and Disposals of Subsidiaries - Additional Information (Detail) - Craft Brew Alliance [member] $ in Billions	Sep. 30, 2020USD ($)
Disclosure of acquisitions and disposals [line items]
Percentage of voting interest acquired	68.80%
Business acquisition consideration transferred	$ 0.2
Proportion of ownership interest in subsidiary	100.00%

Other Operating Income_(Expen_3

Other Operating Income/(Expenses) - Summary of Other Operating Income Expense (Detail) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclosure of other operating income expense [abstract]
Brazilian tax credits	$ 226	$ 226	$ 481
Government grants		322	227	$ 280
Net gain on disposal of property, plant and equipment, intangible assets and assets held for sale		65	56	172
License income		25	22	30
Net (additions to)/reversals of provisions		(1)	(14)	(10)
Net rental and other operating income		168	72	402
Other operating income/(expenses)		$ 805	$ 845	$ 875

Other Operating Income_(Expen_4

Other Operating Income/(Expenses) - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclosure of other operating income expense [abstract]
Research and development		$ 298	$ 296	$ 291
Income from brazilian tax credits	$ 226	226	481
Income from interest on brazilian tax credits		$ 118	$ 315	$ 118

Exceptional items - Summary of

Exceptional items - Summary of Exceptional Items Included in Income Statement (Detail) - USD ($) $ in Millions	Jun. 01, 2020	Jun. 30, 2020	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclosure of Exceptional Items [line items]
COVID-19 costs			$ (105)	$ (182)
Restructuring			(172)	(157)	$ (170)
Business and asset disposal (including impairment losses)			(247)	(239)	(50)
Acquisition costs business combinations			(17)	(25)	(23)
Zenzele Kabili costs			(72)
Impairment of goodwill		$ (2,500)		(2,500)
Brazil State tax regularization program					(74)
Cost related to public offering of minority stake in Budweiser APAC					(6)
Impact on profit from operations			(614)	(3,103)	(323)
Gain on divestiture of Australia (discontinued operations)	$ 1,919
Impact on profit			$ (614)	(1,184)	$ (323)
Carlton United Breweries [Member]
Disclosure of Exceptional Items [line items]
Gain on divestiture of Australia (discontinued operations)	$ 1,919			$ 1,919

Exceptional Items - Additional

Exceptional Items - Additional Information (Detail) - USD ($) $ in Millions	May 31, 2021	Jun. 01, 2020	Jun. 30, 2020	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclosure of Exceptional Items [line items]
Exceptional restructuring charges				$ (172)	$ (157)	$ (170)
Acquisition costs business combinations				(17)	(25)	(23)
Business and asset disposal				(247)	(239)	(50)
NET finance (cost) income				(806)	(1,738)	882
Decrease of income taxes				346	(155)	6
Non-controlling interest on the exceptional items				20	228	108
Impairment of goodwill			$ (2,500)		(2,500)
COVID-19 Costs incurred on account of unforeseen events				(105)	(182)
Disposal group discontinue operations gain loss on disposal of business		$ 1,919
Zenzele Kabili costs				(72)
Exception non cash imapirment charge investment in joint ventures				$ (258)
Carlton United Breweries [Member]
Disclosure of Exceptional Items [line items]
Disposal group discontinue operations gain loss on disposal of business		$ 1,919			$ 1,919
Budweiser APAC [Member]
Disclosure of Exceptional Items [line items]
Fees related to the initial public offering of a minority stake of Budweiser APAC						(117)
Expenses relating to share issuance cost reported in the income statement						(6)
capitalization of share issuance cost in equity						(111)
Stamp Duties In Equity That Are Directly Attributable To The Public Offering						(58)
Brazilian State Tax Regularization Program [Member]
Disclosure of Exceptional Items [line items]
Payment related to Special Value-added Tax (ICMS) Amnesty Program						$ (74)
Zenzele Kabili costs	$ (72)

Payroll and Related Benefits -

Payroll and Related Benefits - Summary of Payroll and Related Benefits (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclosure Of Share Of Equity Investment [line items]
Share-based payment expense	$ (510)	$ (169)	$ (340)
Payroll and related benefits	(176)	(156)	(137)
Payroll and related benefits [member]
Disclosure Of Share Of Equity Investment [line items]
Wages and salaries	(4,734)	(4,124)	(4,563)
Social security contributions	(670)	(582)	(683)
Other personnel cost	(706)	(637)	(678)
Pension expense for defined benefit plans	(176)	(218)	(193)
Share-based payment expense	(510)	(169)	(340)
Contributions to defined contribution plans	(147)	(91)	(101)
Payroll and related benefits	$ (6,944)	$ (5,821)	$ (6,558)

Payroll and Related Benefits _2

Payroll and Related Benefits - Summary of Number of Full Time Equivalents (Detail) - Employees	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclosure Of Share Of Equity Investment [line items]
Total number of full time equivalents	169,339	163,695	171,915
Parent [member]
Disclosure Of Share Of Equity Investment [line items]
Total number of full time equivalents	214	204	204
Other subsidiaries [member]
Disclosure Of Share Of Equity Investment [line items]
Total number of full time equivalents	169,125	163,491	171,711

Additional Information on Ope_3

Additional Information on Operating Expenses By Nature - Summary of Depreciation, Amortization and Impairment Charges (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Additional Information On Operating Expenses By Nature [Line Items]
Depreciation and impairment of property, plant and equipment	$ 3,546	$ 3,392	$ 3,570
Amortization and impairment of intangible assets	651	708	627
Depreciation and impairment of right-of-use asset	574	499	460
Impairment of goodwill	281	2,733
Cost of sales [member]
Additional Information On Operating Expenses By Nature [Line Items]
Depreciation and impairment of property, plant and equipment	2,782	2,599	2,751
Amortization and impairment of intangible assets	91	91	86
Depreciation and impairment of right-of-use asset	39	42	11
Distribution expenses [member]
Additional Information On Operating Expenses By Nature [Line Items]
Depreciation and impairment of property, plant and equipment	136	141	155
Amortization and impairment of intangible assets	10	3	4
Depreciation and impairment of right-of-use asset	176	108	191
Sales and marketing expenses [member]
Additional Information On Operating Expenses By Nature [Line Items]
Depreciation and impairment of property, plant and equipment	319	339	379
Amortization and impairment of intangible assets	223	291	247
Depreciation and impairment of right-of-use asset	249	224	160
Administrative expenses [member]
Additional Information On Operating Expenses By Nature [Line Items]
Depreciation and impairment of property, plant and equipment	306	310	277
Amortization and impairment of intangible assets	327	323	290
Depreciation and impairment of right-of-use asset	110	125	98
Other operating expenses [member]
Additional Information On Operating Expenses By Nature [Line Items]
Depreciation and impairment of property, plant and equipment	3	3	$ 8
Exceptional Items [member]
Additional Information On Operating Expenses By Nature [Line Items]
Impairment of goodwill	$ 281	$ 2,733

Additional Information on Ope_4

Additional Information on Operating Expenses by Nature - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Cost of sales [member]
Disclosure Of Depreciation Amortization And Impairment [line items]
Full cost reallocation from the aggregate depreciation, amortization and impairment expense to cost of good sold	$ (11)	$ (5)	$ 5

Finance Cost and Income - Summa

Finance Cost and Income - Summary of Finance Cost and Income Included in Income Statement (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclosure of finance income expense [line items]
Interest expense	$ (3,684)	$ (4,016)	$ (4,168)
Capitalization of borrowing costs	10	12	19
Net interest on net defined benefit liabilities	(73)	(82)	(95)
Accretion expense	(593)	(564)	(650)
Net losses on hedging instruments that are not part of a hedge accounting relationship	(562)	(502)	(393)
Net foreign exchange results (net of the effect of foreign exchange derivative instruments)	(101)		(180)
Tax on financial transactions	(73)	(103)	(79)
Net mark-to-market results on derivatives related to the hedging of share-based payment	(23)	(1,211)
Other financial costs, including bank fees	(135)	(135)	(225)
Finance cost excluding exceptional items	(5,234)	(6,601)	(5,771)
Exceptional finance cost	(806)	(1,818)	(222)
Finance costs	(6,040)	(8,419)	(5,993)
Interest income	113	150	292
Interest income on Brazilian tax credits	118	315	118
Hyperinflation monetary adjustments	152	76	86
Market-to-market gains on derivatives related to the hedging of share-based payment programs			898
Net foreign exchange results (net of the effect of foreign exchange derivative instruments)		43
Other financial income	48	58	21
Finance income excluding exceptional items	431	642	1,415
Exceptional finance income		80	1,104
Finance income	431	722	2,519
Net finance income/(cost) excluding exceptional items	(4,803)	(5,959)	(4,355)
Net finance income/(cost)	$ (5,609)	$ (7,697)	$ (3,473)

Finance Cost and Income - Addit

Finance Cost and Income - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclosure of finance income expense [line items]
Share based payment of net (loss) gain		$ 23	$ 1,211	$ 898
Difference on share based payment gain loss		1,188
Interest expense on lease liabilities		123	116	124
Interest expenses		3,684	4,016	4,168
Net finance income/(cost) excluding exceptional items		4,803	5,959	4,355
Mark to market gain (loss)		25	1,008	878
Unwinding of discount		349	306	374
Interest expense on bonds		67	102	110
Interest on provisions		54	41	42
Brazilian tax credits	$ 226	226	481
Income from interest on brazilian tax credits		118	315	118
Gain (loss) on early termination		741	795	84
Gain (loss) on remeasurement of deferred considerations		19	80	90
Foreign exchange translation losses on intragroup loans				52
Delta Corporation Ltd [member]
Disclosure of finance income expense [line items]
Write off company investment		22	$ 15	188
Brazilian federal tax regularization program [member]
Disclosure of finance income expense [line items]
Interest expenses				$ 34
SAB [member]
Disclosure of finance income expense [line items]
Income from interest on brazilian tax credits		$ 226
Top of range [member]
Disclosure of finance income expense [line items]
Borrowing costs capitalised		4.00%

Finance Cost and Income - Sum_2

Finance Cost and Income - Summary of Interest Income (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclosure of finance income expense [abstract]
Cash and cash equivalents	$ 85	$ 103	$ 237
Investment debt securities held for trading	16	1	9
Other loans and receivables	11	46	46
Total	$ 113	$ 150	$ 292

Income Taxes - Summary of Incom

Income Taxes - Summary of Income Taxes (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclosure Of Income Taxes [line items]
Current year	$ (2,857)	$ (2,082)	$ (2,863)
(Underprovided)/overprovided in prior years	159	119	58
Current tax expense	(2,698)	(1,963)	(2,805)
Origination and reversal of temporary differences	319	(30)	(21)
(Utilization)/recognition of deferred tax assets on tax losses	24	13	13
Recognition of previously unrecognized tax losses	5	48	27
Deferred tax (expense)/income	348	31	19
Total income tax expense	$ (2,350)	$ (1,932)	$ (2,786)

Income Taxes - Summary of Recon

Income Taxes - Summary of Reconciliation of Effective Tax Rate with Aggregated Weighted Nominal Tax Rate (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclosure Of Income Taxes [line items]
Profit/(loss) before tax	$ 8,463	$ 2,079	$ 12,776
Deduct share of results of associates and joint ventures	248	156	152
Profit/(loss) before tax and before share of results of associates and joint ventures	8,215	1,924	12,624
Adjustments to the tax basis
Government incentives	(543)	(428)	(709)
Non-deductible/(non-taxable) mark-to-market on derivatives	48	2,219	(1,776)
Non-deductible impairment of goodwill		2,500
Other expenses not deductible for tax purposes	1,979	1,512	1,223
Other non-taxable income	(476)	(250)	(282)
Gross adjustments on taxable basis	$ 9,223	$ 7,477	$ 11,080
Aggregate weighted nominal tax rate	26.70%	27.70%	26.20%
Tax at aggregated nominal tax rate	$ (2,463)	$ (2,069)	$ (2,901)
Adjustments on tax expense
Utilization of tax losses not previously recognized	24	13	13
Recognition of deferred taxes on previous years' tax losses	5	48	27
Write-down of deferred tax assets on losses and current year losses for which no deferred tax asset is recognized	(314)	(386)	(137)
(Underprovided)/overprovided in prior years	159	119	58
Deductions from interest on equity	469	431	666
Deductions from goodwill	14	16	20
Other tax deductions	212	218	259
Change in tax rate	(147)	61	(95)
Withholding taxes	(485)	(423)	(505)
Other tax adjustments	175	39	(191)
Total income tax expense	$ (2,350)	$ (1,932)	$ (2,786)
Effective tax rate	28.60%	100.40%	22.10%

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclosure Of Income Taxes [line items]
Income tax expense	$ 2,350	$ 1,932	$ 2,786
Effective tax rate	28.60%	100.40%	22.10%

Income Taxes - Summary of Detai

Income Taxes - Summary of Detail Information of Income Tax Recognized in Other Comprehensive Income (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Major components of tax expense (income) [abstract]
Re-measurements of post-employment benefits	$ (123)	$ 58	$ 19
Exchange differences, cash flow and net investment hedges	(45)	304	88
Income tax (losses)/gains	$ (167)	$ 361	$ 107

Property, Plant and Equipment -

Property, Plant and Equipment -Summary of Property, Plant and Equipment owned and Leased assets (Detail) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Disclosure of detailed information about property, plant and equipment [line items]
Property, plant and equipment	$ 26,678	$ 26,419
Property, plant and equipment owned [member]
Disclosure of detailed information about property, plant and equipment [line items]
Property, plant and equipment	24,459	24,191
Property, plant and equipment leased (right-of-use assets) [member]
Disclosure of detailed information about property, plant and equipment [line items]
Property, plant and equipment	$ 2,219	$ 2,228

Property, Plant and Equipment_2

Property, Plant and Equipment - Detailed Information About Property, Plant and Equipment (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance	$ 26,419
Ending balance	26,678	$ 26,419
Carrying amount	26,678	26,419
Acquisition cost [member]
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance	48,993	48,757
Effect of movements in foreign exchange	(1,616)	(1,644)
Acquisitions	4,739	3,188
Acquisitions through business combinations	2	111
Disposals through sale and derecognition	(1,301)	(1,274)
Disposals through the sale of subsidiaries	(51)	0
Transfer (to)/from other asset categories and other movements	(23)	(145)
Ending balance	50,742	48,993
Carrying amount	50,742	48,993
Depreciation and impairment losses [member]
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance	(24,802)	(23,242)
Effect of movements in foreign exchange	813	625
Depreciation	(3,384)	(3,250)
Disposals through sale and derecognition	1,168	1,130
Disposals through the sale of subsidiaries	46	0
Impairment losses	(182)	(145)
Transfer (to)/from other asset categories and other movements	57	80
Ending balance	(26,284)	(24,802)
Carrying amount	(26,284)	(24,802)
Land and buildings [member]
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance	8,287
Ending balance	8,082	8,287
Carrying amount	8,082	8,287
Land and buildings [member] | Acquisition cost [member]
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance	12,237
Effect of movements in foreign exchange	(383)
Acquisitions	44
Acquisitions through business combinations	0
Disposals through sale and derecognition	(104)
Disposals through the sale of subsidiaries	(18)
Transfer (to)/from other asset categories and other movements	598
Ending balance	12,374	12,237
Carrying amount	12,374	12,237
Land and buildings [member] | Depreciation and impairment losses [member]
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance	(3,950)
Effect of movements in foreign exchange	123
Depreciation	(376)
Disposals through sale and derecognition	64
Disposals through the sale of subsidiaries	17
Impairment losses	(19)
Transfer (to)/from other asset categories and other movements	(151)
Ending balance	(4,292)	(3,950)
Carrying amount	(4,292)	(3,950)
Plant and equipment fixtures and fittings [member]
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance	14,124
Ending balance	13,915	14,124
Carrying amount	13,915	14,124
Plant and equipment fixtures and fittings [member] | Acquisition cost [member]
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance	34,976
Effect of movements in foreign exchange	(1,162)
Acquisitions	1,296
Acquisitions through business combinations	2
Disposals through sale and derecognition	(1,197)
Disposals through the sale of subsidiaries	(33)
Transfer (to)/from other asset categories and other movements	2,025
Ending balance	35,906	34,976
Carrying amount	35,906	34,976
Plant and equipment fixtures and fittings [member] | Depreciation and impairment losses [member]
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance	(20,852)
Effect of movements in foreign exchange	690
Depreciation	(3,008)
Disposals through sale and derecognition		1,104
Disposals through the sale of subsidiaries	29
Impairment losses	(161)
Transfer (to)/from other asset categories and other movements	206
Ending balance	(21,992)	(20,852)
Carrying amount	(21,992)	(20,852)
Under construction [member]
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance	1,780
Ending balance	2,462	1,780
Carrying amount	2,462	1,780
Under construction [member] | Acquisition cost [member]
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance	1,780
Effect of movements in foreign exchange	(70)
Acquisitions	3,399
Acquisitions through business combinations	0
Disposals through sale and derecognition	(1)
Transfer (to)/from other asset categories and other movements	(2,646)
Ending balance	2,462	1,780
Carrying amount	2,462	1,780
Under construction [member] | Depreciation and impairment losses [member]
Disclosure of detailed information about property, plant and equipment [line items]
Impairment losses	(2)
Transfer (to)/from other asset categories and other movements	2
Property Plant And Equipment Owned [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance	24,191
Ending balance	24,459	24,191
Carrying amount	$ 24,459	$ 24,191

Property, Plant and Equipment_3

Property, Plant and Equipment - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclosure of detailed information about property, plant and equipment [line items]
Contractual commitments for acquisition of property, plant and equipment	$ 449	$ 528
AB InBev's net capital expenditures in the statement of cash flow	$ 5,498	3,687
Lease agreement term	27 years
Additions to right of use assets	$ 674	381
Income from subleasing right-of-use assets	112	107	$ 152
Not later than one year [member]
Disclosure of detailed information about property, plant and equipment [line items]
Undiscounted operating lease payments to be received	116
Later than two years and not later than five years [member]
Disclosure of detailed information about property, plant and equipment [line items]
Undiscounted operating lease payments to be received	295
Later than five years [member]
Disclosure of detailed information about property, plant and equipment [line items]
Undiscounted operating lease payments to be received	$ 104
Bottom of range [member] | Dutch and Belgian pub real estate [member]
Disclosure of detailed information about property, plant and equipment [line items]
Sublease average outstanding period (in years)	6 years
Top of range [member] | Dutch and Belgian pub real estate [member]
Disclosure of detailed information about property, plant and equipment [line items]
Sublease average outstanding period (in years)	8 years
Production facilities [member]
Disclosure of detailed information about property, plant and equipment [line items]
Percentage of improve the production facilities	44.00%
Logistics and commercial investments [member]
Disclosure of detailed information about property, plant and equipment [line items]
Percentage of improve the production facilities	41.00%
Administrative capabilities and purchase of hardware and software [member]
Disclosure of detailed information about property, plant and equipment [line items]
Percentage of improving administrative capabilities and for the purchase of hardware and software	15.00%
Property, plant and equipment subject to operating leases [member] | Bottom of range [member]
Disclosure of detailed information about property, plant and equipment [line items]
Operating lease initial period (in years)	5 years
Property, plant and equipment subject to operating leases [member] | Top of range [member]
Disclosure of detailed information about property, plant and equipment [line items]
Operating lease initial period (in years)	ten years
Gross carrying amount [member] | Restrictions [member]
Disclosure of detailed information about property, plant and equipment [line items]
Property, plant and equipment, restrictions on title	$ 1	$ 2

Property, Plant and Equipment_4

Property, Plant and Equipment - Summary of Property, Plant and Equipment Leased (right- of- use assets) (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Disclosure of detailed information about property, plant and equipment [line items]
Right-of-use assets, net carrying amount	$ 2,219	$ 2,228
Right-of-use assets, depreciation for the period	(574)	(499)
Land and buildings [member]
Disclosure of detailed information about property, plant and equipment [line items]
Right-of-use assets, net carrying amount	1,696	1,726
Right-of-use assets, depreciation for the period	(373)	(343)
Machinery, equipment and other [member]
Disclosure of detailed information about property, plant and equipment [line items]
Right-of-use assets, net carrying amount	523	502
Right-of-use assets, depreciation for the period	$ (201)	$ (156)

Goodwill - Reconciliation of Go

Goodwill - Reconciliation of Goodwill (Detail) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Jun. 30, 2020	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclosure of reconciliation of changes in goodwill [line items]
Goodwill beginning balance		$ 120,971
Impairment losses	$ (2,500)		$ (2,500)
Hyperinflation monetary adjustments		152	76	$ 86
Goodwill ending balance		115,796	120,971
Carrying amount		115,796	120,971
Gross carrying amount [member]
Disclosure of reconciliation of changes in goodwill [line items]
Goodwill beginning balance		123,702	128,119
Effect of movements in foreign exchange		(5,456)	(4,723)
Acquisitions through business combinations			185
Transfers (to)/from intangible assets		18
Hyperinflation monetary adjustments		196	120
Goodwill ending balance		118,461	123,702	128,119
Carrying amount		118,461	123,702	128,119
Impairment losses [member]
Disclosure of reconciliation of changes in goodwill [line items]
Goodwill beginning balance		(2,731)	(5)
Effect of movements in foreign exchange		66	(226)
Impairment losses			(2,500)
Goodwill ending balance		(2,665)	(2,731)	(5)
Carrying amount		$ (2,665)	$ (2,731)	$ (5)

Goodwill - Additional Informati

Goodwill - Additional Information (Detail) - USD ($) $ in Billions	3 Months Ended	12 Months Ended
	Jun. 30, 2020	Dec. 31, 2021
Disclosure of reconciliation of changes in goodwill [line items]
Cost to sell expected to reach as percentage of entity value		2.00%
Adverse change in WACC		1.00%
Non cash goodwill impairment charge	$ 2.5
Probability of worst case scenario
Disclosure of reconciliation of changes in goodwill [line items]
Percentage of probability of occurrence of the worst case scenario.	30.00%
Bottom of range [member]
Disclosure of reconciliation of changes in goodwill [line items]
Growth rate used to extrapolate cash flow projections		2.00%
Top of range [member]
Disclosure of reconciliation of changes in goodwill [line items]
Growth rate used to extrapolate cash flow projections		5.00%
AB inBev [member]
Disclosure of reconciliation of changes in goodwill [line items]
Percentage of goodwill to total assets		53.00%

Goodwill - Summary of Carrying

Goodwill - Summary of Carrying Amount of Goodwill Allocated to Different Cash-generating Units (Detail) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Disclosure Of Carrying Amount Of Goodwill [line items]
Goodwill	$ 115,796	$ 120,971
United States [member]
Disclosure Of Carrying Amount Of Goodwill [line items]
Goodwill	33,607	33,552
Rest of North America [member]
Disclosure Of Carrying Amount Of Goodwill [line items]
Goodwill	2,114	2,105
Mexico [member]
Disclosure Of Carrying Amount Of Goodwill [line items]
Goodwill	12,062	12,446
Colombia [member]
Disclosure Of Carrying Amount Of Goodwill [line items]
Goodwill	15,344	17,748
Rest of Middle Americas [member]
Disclosure Of Carrying Amount Of Goodwill [line items]
Goodwill	22,769	24,036
Brazil [Member]
Disclosure Of Carrying Amount Of Goodwill [line items]
Goodwill	3,280	3,521
Rest of South America [member]
Disclosure Of Carrying Amount Of Goodwill [line items]
Goodwill	1,173	1,061
Europe [member]
Disclosure Of Carrying Amount Of Goodwill [line items]
Goodwill	2,244	2,444
South Africa [member]
Disclosure Of Carrying Amount Of Goodwill [line items]
Goodwill	10,231	11,110
Rest of Africa [member]
Disclosure Of Carrying Amount Of Goodwill [line items]
Goodwill	5,287	4,990
China [member]
Disclosure Of Carrying Amount Of Goodwill [line items]
Goodwill	3,387	3,291
Rest of Asia Pacific [member]
Disclosure Of Carrying Amount Of Goodwill [line items]
Goodwill	3,717	4,059
Global Export and Holding Companies [member]
Disclosure Of Carrying Amount Of Goodwill [line items]
Goodwill	$ 582	$ 608

Goodwill - Summary of Weighted

Goodwill - Summary of Weighted Average Cost of Capital (Detail) - US Dollar [member]	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Colombia [member]
Disclosure of reconciliation of changes in goodwill [line items]
Weighted average cost of capital	6.00%	6.00%
Rest of Middle Americas [member]
Disclosure of reconciliation of changes in goodwill [line items]
Weighted average cost of capital	10.00%	9.00%
South Africa [member]
Disclosure of reconciliation of changes in goodwill [line items]
Weighted average cost of capital	8.00%	7.00%
Rest of Africa [member]
Disclosure of reconciliation of changes in goodwill [line items]
Weighted average cost of capital	10.00%	10.00%
Rest Of Asia Pacific [Member]
Disclosure of reconciliation of changes in goodwill [line items]
Weighted average cost of capital	6.00%	6.00%

Intangible Assets - Summary of

Intangible Assets - Summary of Intangible Assets (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Disclosure of detailed information about intangible assets [line items]
Balance at end of previous year	$ 41,527
Impairment	(176)	$ (165)
Balance at end of period	40,430	41,527
Amortization and impairment losses [member]
Disclosure of detailed information about intangible assets [line items]
Balance at end of previous year	(4,358)	(3,656)
Effect of movements in foreign exchange	192	(16)
Amortization	(644)	(715)
Impairment	(176)	(165)
Disposals through sale and derecognition	73	62
Disposals through the sale of subsidiaries	3
Transfer (to)/from other asset categories and other movements	326	132
Balance at end of period	(4,585)	(4,358)
Acquisition cost [member]
Disclosure of detailed information about intangible assets [line items]
Balance at end of previous year	45,885	46,108
Effect of movements in foreign exchange	(1,289)	(789)
Acquisitions through business combinations		162
Acquisitions and expenditures	760	557
Disposals through sale and derecognition	(98)	(142)
Disposals through the sale of subsidiaries	(3)
Transfer (to)/from other asset categories and other movements	(240)	(11)
Balance at end of period	45,015	45,885
Brands [member]
Disclosure of detailed information about intangible assets [line items]
Balance at end of previous year	39,386
Balance at end of period	38,320	39,386
Brands [member] | Amortization and impairment losses [member]
Disclosure of detailed information about intangible assets [line items]
Balance at end of previous year	(41)
Impairment	(23)
Disposals through sale and derecognition	2
Transfer (to)/from other asset categories and other movements	(27)
Balance at end of period	(89)	(41)
Brands [member] | Acquisition cost [member]
Disclosure of detailed information about intangible assets [line items]
Balance at end of previous year	39,427
Effect of movements in foreign exchange	(1,017)
Acquisitions and expenditures	21
Disposals through sale and derecognition	(14)
Transfer (to)/from other asset categories and other movements	(8)
Balance at end of period	38,409	39,427
Commercial intangibles [member]
Disclosure of detailed information about intangible assets [line items]
Balance at end of previous year	959
Balance at end of period	750	959
Commercial intangibles [member] | Amortization and impairment losses [member]
Disclosure of detailed information about intangible assets [line items]
Balance at end of previous year	(2,072)
Effect of movements in foreign exchange	62
Amortization	(218)
Disposals through sale and derecognition	19
Transfer (to)/from other asset categories and other movements	127
Balance at end of period	(2,082)	(2,072)
Commercial intangibles [member] | Acquisition cost [member]
Disclosure of detailed information about intangible assets [line items]
Balance at end of previous year	3,031
Effect of movements in foreign exchange	(81)
Acquisitions and expenditures	23
Disposals through sale and derecognition	(22)
Transfer (to)/from other asset categories and other movements	(119)
Balance at end of period	2,832	3,031
Software [member]
Disclosure of detailed information about intangible assets [line items]
Balance at end of previous year	791
Balance at end of period	1,056	791
Software [member] | Amortization and impairment losses [member]
Disclosure of detailed information about intangible assets [line items]
Balance at end of previous year	(2,181)
Effect of movements in foreign exchange	128
Amortization	(377)
Impairment	(1)
Disposals through sale and derecognition	46
Transfer (to)/from other asset categories and other movements	4
Balance at end of period	(2,381)	(2,181)
Software [member] | Acquisition cost [member]
Disclosure of detailed information about intangible assets [line items]
Balance at end of previous year	2,972
Effect of movements in foreign exchange	(185)
Acquisitions and expenditures	457
Disposals through sale and derecognition	(47)
Transfer (to)/from other asset categories and other movements	240
Balance at end of period	3,437	2,972
Other [member]
Disclosure of detailed information about intangible assets [line items]
Balance at end of previous year	391
Balance at end of period	304	391
Other [member] | Amortization and impairment losses [member]
Disclosure of detailed information about intangible assets [line items]
Balance at end of previous year	(64)
Effect of movements in foreign exchange	2
Amortization	(49)
Impairment	(153)
Disposals through sale and derecognition	6
Disposals through the sale of subsidiaries	3
Transfer (to)/from other asset categories and other movements	222
Balance at end of period	(33)	(64)
Other [member] | Acquisition cost [member]
Disclosure of detailed information about intangible assets [line items]
Balance at end of previous year	455
Effect of movements in foreign exchange	(6)
Acquisitions and expenditures	259
Disposals through sale and derecognition	(15)
Disposals through the sale of subsidiaries	(3)
Transfer (to)/from other asset categories and other movements	(353)
Balance at end of period	$ 337	$ 455

Intangible Assets - Additional

Intangible Assets - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Disclosure of detailed information about intangible assets [line items]
Carrying amount of intangible assets	$ 40,430	$ 41,527
Impairment	(176)	(165)
Intangible Assets With Indefinite Useful Life [member]
Disclosure of detailed information about intangible assets [line items]
Carrying amount of intangible assets	38,320	39,395
Intangible Assets With Finite Useful Life [member]
Disclosure of detailed information about intangible assets [line items]
Carrying amount of intangible assets	$ 2,110	$ 2,132

Intangible Assets - Summary o_2

Intangible Assets - Summary of Carrying Amount of Intangible Assets with Indefinite Useful Lives (Detail) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Disclosure of intangible assets with indefinite useful life [line items]
Intangible assets	$ 40,430	$ 41,527
Intangible assets with indefinite useful lives [member]
Disclosure of intangible assets with indefinite useful life [line items]
Intangible assets	38,320	39,395
Intangible assets with indefinite useful lives [member] | United States [member]
Disclosure of intangible assets with indefinite useful life [line items]
Intangible assets	22,129	22,172
Intangible assets with indefinite useful lives [member] | Rest of North America [member]
Disclosure of intangible assets with indefinite useful life [line items]
Intangible assets	42	42
Intangible assets with indefinite useful lives [member] | Mexico [member]
Disclosure of intangible assets with indefinite useful life [line items]
Intangible assets	2,977	3,067
Intangible assets with indefinite useful lives [member] | Colombia [member]
Disclosure of intangible assets with indefinite useful life [line items]
Intangible assets	2,870	3,320
Intangible assets with indefinite useful lives [member] | Rest of Middle Americas [member]
Disclosure of intangible assets with indefinite useful life [line items]
Intangible assets	3,432	3,655
Intangible assets with indefinite useful lives [member] | Brazil [member]
Disclosure of intangible assets with indefinite useful life [line items]
Intangible assets	0	1
Intangible assets with indefinite useful lives [member] | Rest of South America [member]
Disclosure of intangible assets with indefinite useful life [line items]
Intangible assets	724	681
Intangible assets with indefinite useful lives [member] | Europe [member]
Disclosure of intangible assets with indefinite useful life [line items]
Intangible assets	452	461
Intangible assets with indefinite useful lives [member] | South Africa [member]
Disclosure of intangible assets with indefinite useful life [line items]
Intangible assets	3,029	3,289
Intangible assets with indefinite useful lives [member] | Rest of Africa [member]
Disclosure of intangible assets with indefinite useful life [line items]
Intangible assets	1,112	1,068
Intangible assets with indefinite useful lives [member] | China [member]
Disclosure of intangible assets with indefinite useful life [line items]
Intangible assets	440	427
Intangible assets with indefinite useful lives [member] | Rest of Asia Pacific [member]
Disclosure of intangible assets with indefinite useful life [line items]
Intangible assets	$ 1,113	$ 1,212

Investment in Associates - Summ

Investment in Associates - Summarized Financial Information to Carrying Amount of Company's Interests in Material Associates (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
AB InBev Efes [member]
Disclosure of associates [line items]
Beginning balance	$ 1,135	$ 1,132
Share of results of associates	7	3
Ending balance	1,143	1,135
Castel [member]
Disclosure of associates [line items]
Beginning balance	3,566	3,239
Effect of movements in foreign exchange	(246)	270
Dividends received	(36)	(19)
Share of results of associates	116	76
Ending balance	3,400	3,566
Efes [member]
Disclosure of associates [line items]
Beginning balance	391	451
Effect of movements in foreign exchange	(159)	(92)
Dividends received	(67)
Share of results of associates	35	32
Ending balance	$ 201	$ 391

Investments in Associates - Add

Investments in Associates - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2021	Dec. 31, 2019
Disclosure of associates [line items]
Impairment of Investment	$ 15
Aggregated individually immaterial associates [member]
Disclosure of associates [line items]
Investments in associates	$ 45	$ 90	$ 10

Investment in Associates - Su_2

Investment in Associates - Summarized Financial Information of the Company's Material Associates (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclosure of summarized financial information [line items]
Current assets	$ 23,949	$ 26,519
Non-current assets	193,678	199,891
Current liabilities	(34,184)	(32,352)
Non-current liabilities	(104,104)	(115,707)
Non-controlling interests	10,671	10,327
Revenue	54,304	46,881	$ 52,329
Profit (loss)	6,114	147	9,990	[1]
Other comprehensive income (loss)	(3,881)	(10,104)	498
Total comprehensive income/(loss)	2,233	(7,901)	$ 10,912
AB InBev Efes [member]
Disclosure of summarized financial information [line items]
Current assets	385	351
Non-current assets	624	603
Current liabilities	(693)	(591)
Non-current liabilities	(42)	(75)
Net assets	274	288
Revenue	1,393	1,276
Profit (loss)	1	(20)
Total comprehensive income/(loss)	1	(20)
Castel [member]
Disclosure of summarized financial information [line items]
Current assets	3,016	4,048
Non-current assets	3,923	3,775
Current liabilities	(1,774)	(1,531)
Non-current liabilities	(499)	(671)
Non-controlling interests	(543)	(687)
Net assets	4,124	4,934
Revenue	5,017	4,879
Profit (loss)	741	700
Other comprehensive income (loss)	(295)	(134)
Total comprehensive income/(loss)	447	566
Efes [member]
Disclosure of summarized financial information [line items]
Current assets	1,500	2,156
Non-current assets	3,157	4,642
Current liabilities	(1,259)	(1,639)
Non-current liabilities	(1,218)	(1,852)
Non-controlling interests	(1,128)	(1,627)
Net assets	1,053	1,679
Revenue	3,781	3,847
Profit (loss)	275	224
Other comprehensive income (loss)	241	392
Total comprehensive income/(loss)	$ 516	$ 617
[1]	The consolidated statement of cash flows for 2019 has been restated to include operating, investing and financing activities from discontinued operations separately in the cashflow statement. In addition, the 2019 cash flow from investing activities has been restated to reflect reclassification of the cash flow hedges in relation to the Australia divestiture reported in the financing activities in 2019 and recycled to profit or loss upon the completion of the transaction.

Deferred Tax Assets and Liabi_3

Deferred Tax Assets and Liabilities - Summary of Deferred Tax Assets and Liabilities by Type of Temporary Difference (Detail) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclosure Of Deferred Taxes [line items]
Assets	$ 1,969	$ 2,019
Liabilities	(12,204)	(12,627)
Net	(10,235)	(10,607)	$ (11,105)
Netting by taxable entity, Assets	(1,743)	(1,771)
Netting by taxable entity, Liabilities	1,743	1,771
Net deferred tax assets/(liabilities), Assets	1,969	2,019
Net deferred tax assets/(liabilities), Liabilities	(12,204)	(12,627)
Property, Plant and Equipment [member]
Disclosure Of Deferred Taxes [line items]
Assets	91	398
Liabilities	(2,113)	(2,487)
Net	(2,023)	(2,089)
Intangibles [member]
Disclosure Of Deferred Taxes [line items]
Assets	60	106
Liabilities	(9,796)	(10,007)
Net	(9,736)	(9,901)
Inventory [member]
Disclosure Of Deferred Taxes [line items]
Assets	88	86
Liabilities	(66)	(65)
Net	22	22
Trades and Other Receivables [member]
Disclosure Of Deferred Taxes [line items]
Assets	48	62
Net	48	62
Interest Bearing Loans and Borrowings [member]
Disclosure Of Deferred Taxes [line items]
Assets	905	858
Liabilities	(628)	(603)
Net	277	255
Employee Benefits [member]
Disclosure Of Deferred Taxes [line items]
Assets	577	648
Liabilities	(8)	(8)
Net	569	640
Provisions [member]
Disclosure Of Deferred Taxes [line items]
Assets	511	525
Liabilities	(19)	(30)
Net	492	495
Derivatives [member]
Disclosure Of Deferred Taxes [line items]
Assets	11	13
Liabilities	(118)	(46)
Net	(107)	(33)
Other Items [member]
Disclosure Of Deferred Taxes [line items]
Assets	407	312
Liabilities	(1,198)	(1,152)
Net	(792)	(840)
Loss Carry Forwards [member]
Disclosure Of Deferred Taxes [line items]
Assets	1,015	782
Net	1,015	782
Gross Deferred Tax Assets/(Liabilities) [member]
Disclosure Of Deferred Taxes [line items]
Assets	3,713	3,790
Liabilities	(13,947)	(14,398)
Net	$ (10,235)	$ (10,607)

Deferred Tax Assets and Liabi_4

Deferred Tax Assets and Liabilities - Summary of Change in Net Deferred Tax Assets and Liabilities (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclosure Of Deferred Taxes [line items]
Beginning balance	$ (10,607)	$ (11,105)
Recognized in profit or loss	348	32
Recognized in other comprehensive income	(167)	361	$ 107
Acquisitions through business combinations		(6)
Reclassified as held for sale		(1)
Other movements and effect of changes in foreign exchange rates	190	112
Ending balance	$ (10,235)	(10,607)	(11,105)
As Restated [member]
Disclosure Of Deferred Taxes [line items]
Beginning balance		$ (11,105)	(11,648)
Recognized in profit or loss			19
Recognized in other comprehensive income			109
Acquisitions through business combinations			(18)
Reclassified as held for sale			363
Other movements and effect of changes in foreign exchange rates			70
Ending balance			$ (11,105)

Deferred Tax Assets and Liabi_5

Deferred Tax Assets and Liabilities - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Disclosure Of Components Of Deferred Tax Assets And Liabilities [line items]
Net deferred tax liabilities	$ 12,204	$ 12,627
Unrecognized tax attributes amount	27,900	$ 27,000
Expiration period 1 [member]
Disclosure Of Components Of Deferred Tax Assets And Liabilities [line items]
Tax losses carried forward and deductible temporary differences	$ 200
Tax losses and deductible temporary differences expiration period	Year 1
Expiration period 2 [member]
Disclosure Of Components Of Deferred Tax Assets And Liabilities [line items]
Tax losses carried forward and deductible temporary differences	$ 300
Tax losses and deductible temporary differences expiration period	Year 2
Expiration period 3 [member]
Disclosure Of Components Of Deferred Tax Assets And Liabilities [line items]
Tax losses carried forward and deductible temporary differences	$ 200
Tax losses and deductible temporary differences expiration period	Year 3
Expiration period more than 3 [member]
Disclosure Of Components Of Deferred Tax Assets And Liabilities [line items]
Tax losses	$ 24,900
Tax losses carried forward and deductible temporary differences	2,300
Changes in tax rates or tax laws enacted or announced [member]
Disclosure Of Components Of Deferred Tax Assets And Liabilities [line items]
Net deferred tax liabilities	$ 6,500

Inventories - Summary of Invent

Inventories - Summary of Inventories (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Inventories other than work in progress
Inventories stated at net realizable value	$ 368	$ 214
Current Inventories [member]
Disclosure of inventories [line items]
Prepayments	115	92
Raw materials and consumables	3,072	2,499
Work in progress	451	439
Finished goods	1,537	1,256
Goods purchased for resale	224	197
Inventories	$ 5,399	$ 4,482

Inventories - Additional Inform

Inventories - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Classes of current inventories [abstract]
Cost of inventories sales	$ 23,097	$ 19,634	$ 20,362
Impairment losses on inventories	$ 91	$ 117	$ 59

Trade and Other Receivables - S

Trade and Other Receivables - Schedule of Non-Current Trade and Other Receivables (Detail) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Disclosure of trade and other receivables [abstract]
Cash deposits for guarantees	$ 168	$ 184
Loans to customers	17	25
Tax receivable, other than income tax	116	99
Brazilian tax credits and interest receivables	960	997
Trade and other receivables	319	357
Non-current trade and other receivables	$ 1,580	$ 1,661

Trade and Other Receivables -_2

Trade and Other Receivables - Schedule of Current Trade and Other Receivables (Detail) - Net carrying amount [member] - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Trade and Other Receivables [line items]
Trade receivables and accrued income	$ 3,465	$ 3,284
Interest receivable	18	4
Tax receivable, other than income tax	593	552
Loans to customers	99	117
Prepaid expenses	350	354
Other receivables	521	522
Current trade and other receivable	$ 5,046	$ 4,833

Trade and Other Receivables -_3

Trade and Other Receivables - Schedule of Trade Receivables and Other Receivables (Detail) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Net carrying amount [member]
Trade and Other Receivables [line items]
Trade receivables and accrued income	$ 3,465	$ 3,285
Loans to customers	117	142
Interest receivable	18	4
Other receivables	521	522
Current trade and other receivable	4,120	3,953
Neither Impaired Nor Past Due on the Reporting Date [member]
Trade and Other Receivables [line items]
Trade receivables and accrued income	3,223	3,074
Loans to customers	83	86
Interest receivable	18	4
Other receivables	513	416
Current trade and other receivable	3,836	3,580
Not Impaired as of the Reporting Date and Past [member] | Less Than 30 Days [member]
Trade and Other Receivables [line items]
Trade receivables and accrued income	164	155
Loans to customers	2	3
Other receivables	2	2
Current trade and other receivable	167	161
Not Impaired as of the Reporting Date and Past [member] | 30 Between and 59 Day [member]
Trade and Other Receivables [line items]
Trade receivables and accrued income	62	37
Loans to customers	2	2
Other receivables	1	16
Current trade and other receivable	65	55
Not Impaired as of the Reporting Date and Past [member] | Between 60 and 89 Days [member]
Trade and Other Receivables [line items]
Trade receivables and accrued income	11	10
Loans to customers	31	50
Other receivables	2	5
Current trade and other receivable	44	66
Not Impaired as of the Reporting Date and Past [member] | More Than 90 Days [member]
Trade and Other Receivables [line items]
Trade receivables and accrued income	5	8
Other receivables	3	83
Current trade and other receivable	$ 8	$ 91

Trade and Other Receivables - A

Trade and Other Receivables - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclosure of inventories [line items]
Brazilian tax credits and interest receivables	$ 960	$ 997
Trade receivables [member]
Disclosure of inventories [line items]
Impairment losses	$ 36	$ 99	$ 51

Cash and Cash Equivalents and_3

Cash and Cash Equivalents and Investment Securities - Summary of Cash and Cash Equivalents and Investments in Short-Term Debt Securities (Detail) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	[1]	Dec. 31, 2018	[1]
Disclosure of detailed information about borrowings [abstract]
Short-term bank deposits	$ 6,542	$ 3,319
Treasury Bills	1,050	6,800
Cash and bank accounts	4,505	5,132
Cash and cash equivalents	12,097	15,252
Bank overdrafts	(53)	(5)
Total	$ 12,043	$ 15,247	$ 7,169		$ 6,960
[1]	The consolidated statement of cash flows for 2019 has been restated to include operating, investing and financing activities from discontinued operations separately in the cashflow statement. In addition, the 2019 cash flow from investing activities has been restated to reflect reclassification of the cash flow hedges in relation to the Australia divestiture reported in the financing activities in 2019 and recycled to profit or loss upon the completion of the transaction.

Cash and cash equivalents and_4

Cash and cash equivalents and investment securities - Summary of Investments in Short-Term Debt Securities (Details) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Disclosure of detailed information about borrowings [abstract]
Investment in unquoted companies	$ 139	$ 115
Investment on debt securities	22	22
Non-current investments	161	137
Investment on debt securities	374	396
Current investments	$ 374	$ 396

Cash and Cash Equivalents and_5

Cash and Cash Equivalents and Investment Securities - Additional Information (Detail) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Disclosure of detailed information about borrowings [line items]
Restricted cash	$ 78	$ 84
Amounts deposited on a blocked account	77
Current debt securities	374	396
Debt securities [member]
Disclosure of detailed information about borrowings [line items]
Current debt securities	374	$ 396
Share Holder [member]
Disclosure of detailed information about borrowings [line items]
Cash acquired in business combination	$ 1

Assets Classified as Held for_3

Assets Classified as Held for Sale, Liabilities Associated With Assets Held for Sale and Discontinued Operations - Schedule of Assets Held for Sale (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Disclosure of Assets and Liabilities of Disposal Groups Classified as Held for Sale [abstract]
Balance at the end of previous year	$ 74	$ 10,013
Reclassified to assets held for sale in the period	11	210
Impairment losses	(20)
Disposals	(33)	(9,665)
Effect of movements in foreign exchange	(2)	(484)
Balance at the end of year	$ 30	$ 74

Assets Classified as Held for_4

Assets Classified as Held for Sale, Liabilities Associated With Assets Held for Sale and Discontinued Operations - Summary of Liabilities Associated With Assets Held for Sale (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Disclosure of Assets and Liabilities of Disposal Groups Classified as Held for Sale [abstract]
Balance at the end of previous year		$ 1,145
Reclassified to liabilities associated with assets held for sale	5	(46)
Disposals	(5)	(1,044)
Effect of movements in foreign exchange		(55)
Balance at the end of year

Assets Classified as Held for_5

Assets Classified as Held for Sale, Liabilities Associated With Assets Held for Sale and Discontinued Operations - Additional Information (Detail) $ in Millions, $ in Billions	Jun. 01, 2020USD ($)	Jun. 01, 2020AUD ($)	Dec. 31, 2021USD ($)	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)	[1]
Disclosure of Assets Classified as Held for Sale and Discontinued Operations [line items]
Sale of Subsidiary company			$ 7		$ 133
Disposal of net Asset			11	$ 210
Derecognisition of net asset			(33)	(9,665)
Effect of movements in foreign exchange			$ (2)	$ (484)
Gain on disposal of asset	$ 1,919
Australia [member]
Disclosure of Assets Classified as Held for Sale and Discontinued Operations [line items]
Disposal of net Asset	10,800
Derecognisition of net asset	(8,500)
Effect of movements in foreign exchange	(400)
Gain on disposal of asset	$ 1,900
Asahi [Member]
Disclosure of Assets Classified as Held for Sale and Discontinued Operations [line items]
Sale of Subsidiary company		$ 16
[1]	The consolidated statement of cash flows for 2019 has been restated to include operating, investing and financing activities from discontinued operations separately in the cashflow statement. In addition, the 2019 cash flow from investing activities has been restated to reflect reclassification of the cash flow hedges in relation to the Australia divestiture reported in the financing activities in 2019 and recycled to profit or loss upon the completion of the transaction.

Assets classified as held for_6

Assets classified as held for sale, liabilities associated with assets held for sale and discontinued operations - Asset And liabilities Held For Sale (Detail) $ in Millions	Jun. 01, 2020USD ($)
Assets
Property, plant and equipment	$ 581
Goodwill and intangible assets	8,584
Other assets	371
Assets classified as held for sale	9,537
Liabilities
Trade and other payables	(581)
Deferred tax liabilities	(363)
Other liabilities	(101)
Liabilities associated with assets held for sale	(1,044)
Net assets disposed of	8,493
Exceptional gain on divestiture of Australia (discontinued operations)	1,919
Recycling of cash flow hedges and cumulative translation adjustments	426
Consideration received	$ 10,838

Assets classified as held for_7

Assets classified as held for sale, liabilities associated with assets held for sale and discontinued operations - Results From Discontinued Operations (Detail) - USD ($) $ / shares in Units, $ in Millions		Jun. 01, 2020	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclosure of Assets Classified as Held for Sale and Discontinued Operations [line items]
Revenue			$ 54,304	$ 46,881	$ 52,329
Profit from operations			6,114	147	9,990	[1]
Profit from discontinued operations (including gain on divestiture)			$ 0	$ 2,055	424
Australia [member]
Disclosure of Assets Classified as Held for Sale and Discontinued Operations [line items]
Revenue	[2]	$ 477			1,394
Profit from operations	[2]	178			632
Profit from discontinued operations (including gain on divestiture)	[2]	$ 2,055			$ 424
Australia [member] | Discontinued operations [member]
Disclosure of Assets Classified as Held for Sale and Discontinued Operations [line items]
Weighted average number of ordinary and restricted shares	[2],[3]	1,998			1,984
Basic EPS from discontinued operations	[2]	$ 1.03			$ 0.21
Weighted average number of ordinary and restricted shares (diluted)	[2],[3]	2,037			2,026
Diluted EPS from discontinued operations	[2]	$ 1.01			$ 0.21
[1]	The consolidated statement of cash flows for 2019 has been restated to include operating, investing and financing activities from discontinued operations separately in the cashflow statement. In addition, the 2019 cash flow from investing activities has been restated to reflect reclassification of the cash flow hedges in relation to the Australia divestiture reported in the financing activities in 2019 and recycled to profit or loss upon the completion of the transaction.
[2]	The 2019 cash flow from investing activities has been restated to reflect reclassification of the cash flow hedges in relation to the Australia divestiture reported in the financing activities in 2019 and recycled to profit or loss upon the completion of the transaction.
[3]	The calculation of basic EPS and diluted EPS from discontinued operations for 2020 and 2019 is based on the profit from discontinued operations (including gain on divestiture) and a weighted average number of ordinary and restricted shares outstanding (including deferred share instruments and stock lending) as of 31 December 2020 and 2019, and a weighted average number of ordinary and restricted shares (diluted) outstanding (including deferred share instruments and stock lending) as of 31 December 2020 and 2019, respectively.

Assets classified as held for_8

Assets classified as held for sale, liabilities associated with assets held for sale and discontinued operations - Cash Flow From Discontinued Operations (Detail) - USD ($) $ in Millions	Jun. 01, 2020	Dec. 31, 2020	Dec. 31, 2019
Disclosure of Assets Classified as Held for Sale and Discontinued Operations [line items]
Cash flow from operating activities		$ 84	$ 640	[1]
Cash flow from investing activities		(13)	(77)	[1]
Cash flow from financing activities		$ (6)	(24)	[1]
Australia [member]
Disclosure of Assets Classified as Held for Sale and Discontinued Operations [line items]
Cash flow from operating activities	$ 84		640	[2]
Cash flow from investing activities	10,838		219	[2]
Cash flow from investing activities, other	(13)		(77)	[2]
Cash flow from financing activities	(6)		(24)	[2]
Net increase in cash and cash equivalents	$ 10,903		$ 758	[2]
[1]	The consolidated statement of cash flows for 2019 has been restated to include operating, investing and financing activities from discontinued operations separately in the cashflow statement. In addition, the 2019 cash flow from investing activities has been restated to reflect reclassification of the cash flow hedges in relation to the Australia divestiture reported in the financing activities in 2019 and recycled to profit or loss upon the completion of the transaction.
[2]	The 2019 cash flow from investing activities has been restated to reflect reclassification of the cash flow hedges in relation to the Australia divestiture reported in the financing activities in 2019 and recycled to profit or loss upon the completion of the transaction.

Changes in Equity and Earning_3

Changes in Equity and Earnings per Share - Summary of Changes in Issued Capital and Treasury Shares (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclosure of classes of share capital [line items]
At the end of the previous year	2,019,000,000
Changes during the period	0
At the end of the current year	2,019,000,000	2,019,000,000
Ordinary shares	2,019,000,000	2,019,000,000
At the end of the previous year	$ 1,736
Changes during the period	0
At the end of the current year	1,736	$ 1,736
Changes during the period	$ 81	$ 385
Ordinary shares [member]
Disclosure of classes of share capital [line items]
At the end of the current year	1,737,000,000
Ordinary shares	1,737,000,000
Treasury shares [member]
Disclosure of classes of share capital [line items]
At the end of the current year	38,217,386
Ordinary shares	38,217,386
Restricted shares	282,107,042	325,999,817
At the end of the previous year	47,000,000
Changes during the period	(8,800,000)
At the end of the current year	38,200,000	47,000,000
Result on the use of treasury shares [member]
Disclosure of classes of share capital [line items]
At the end of the previous year	$ (3,530)
Changes during the period	(836)
At the end of the current year	(4,366)	$ (3,530)
Treasury shares [member]
Disclosure of classes of share capital [line items]
At the end of the previous year	(4,911)
Changes during the period	917	1,359	$ 279
At the end of the current year	$ (3,994)	$ (4,911)

Changes in Equity and Earning_4

Changes in Equity and Earnings per Share - Additional Information (Detail) € / shares in Units, R in Billions	Feb. 23, 2022EUR (€)€ / shares	May 24, 2021shares	Jun. 01, 2020USD ($)	Oct. 24, 2019EUR (€)€ / shares	Sep. 30, 2019USD ($)shares	Dec. 31, 2021USD ($)shares	Dec. 31, 2021ZAR (R)shares	Dec. 31, 2020USD ($)shares		Dec. 31, 2019EUR (€)€ / sharesshares	Dec. 31, 2019USD ($)shares	Dec. 31, 2021EUR (€)€ / sharesshares	Dec. 31, 2021USD ($)shares	Dec. 31, 2021ZAR (R)shares	Apr. 28, 2021EUR (€)€ / shares
Disclosure of classes of share capital [line items]
Issued capital | $								$ 1,736,000,000					$ 1,736,000,000
Number of shares issued | shares								1,959,000,000		1,957,000,000	1,957,000,000	1,972,000,000	1,972,000,000	1,972,000,000
Number of shares outstanding | shares								2,019,000,000				2,019,000,000	2,019,000,000	2,019,000,000
Dividend declared per share | € / shares				€ 0.80
Dividend declared | €				€ 1,588,000,000											€ 1,003,000,000
Dividend declared date						Feb. 23, 2022	Feb. 23, 2022			Oct. 24, 2019	Oct. 24, 2019
Dividend proposed per share | € / shares	€ 0.50			€ 0.50
Dividend proposed | €				€ 1,002,000,000
Dividend paid per share | € / shares										€ 1.30
Dividend paid						$ 2,251,000,000		$ 1,923,000,000		€ 2,590,000,000	$ 5,179,000,000
Dividend paid date						May 6, 2021	May 6, 2021			Jun. 11, 2020	Jun. 11, 2020
Profit attributable to equity holders | $						$ 4,670,000,000		1,405,000,000			$ 9,171,000,000
Diluted earnings per share based on the profit | $						4,670,000,000		$ 1,405,000,000			$ 9,171,000,000
Number of antidilutive share options outstanding								76,000,000		59,000,000	59,000,000	68,000,000	68,000,000	68,000,000
Recycled of cash flow hedge | $						1,060,000,000		$ 739,000,000			$ 182,000,000
Exchange differences on translation of foreign operations (gains/(losses)) | $						$ 4,525,000,000		10,473,000,000			(790,000,000)
Sales/(purchase) of non-controlling interests | $								$ 2,985,000,000	[1]		5,805,000,000
Dividend payout date						Apr. 28, 2021	Apr. 28, 2021
Dividend Proposed [Member]
Disclosure of classes of share capital [line items]
Dividend proposed per share | € / shares															€ 0.50
Dividend proposed | €	€ 1,006,000,000
Dividend paid date	Apr. 27, 2022
Apollo Global Management Inc [Member]
Disclosure of classes of share capital [line items]
Percentage of minority interest sold								49.90%
Proceeds from sales of investments accounted for using equity method | $								$ 3,000,000,000
Australia Divestiture [Member]
Disclosure of classes of share capital [line items]
Recycled of cash flow hedge | $			$ 370,000,000
IPO [Member]
Disclosure of classes of share capital [line items]
Number of shares issued | shares					1,669,459,000
Budweiser APAC [Member]
Disclosure of classes of share capital [line items]
Controlling interest on Subsidiary company						87.22%	87.22%
Proceeds from issuing shares | $					$ 5,600,000,000
Increase in equity | $					4,400,000,000
Increase in non-controlling interest | $					$ 1,200,000,000
Percentage interest held by noncontrolling owners					12.78%
Treasury shares [member]
Disclosure of classes of share capital [line items]
Restricted shares | shares						282,107,042	282,107,042	325,999,817
Number of shares outstanding | shares												38,217,386	38,217,386	38,217,386
Par value per share | € / shares												€ 0.61
Subscribed capital												€ 23,312,605	$ 28,606,881
Number Of Treasury Shares Reimbursed | shares												5,148,866	5,148,866	5,148,866
Number Of Treasury Shares Reimbursed for share based payments | shares												3,626,315	3,626,315	3,626,315
Treasury shares [member] | Sab Zenzele Holdings [Member]
Disclosure of classes of share capital [line items]
Number Of Shares Settlement | shares		5,100,000
Hong Kong Public Offering [Member] | IPO [Member]
Disclosure of classes of share capital [line items]
Number of shares issued | shares					72,586,000
International Offering [Member] | IPO [Member]
Disclosure of classes of share capital [line items]
Number of shares issued | shares					1,379,118,000
International Underwriters [Member] | IPO [Member]
Disclosure of classes of share capital [line items]
Number of shares issued | shares					217,755,000
Ordinary shares [member]
Disclosure of classes of share capital [line items]
Number of shares outstanding | shares												1,737,000,000	1,737,000,000	1,737,000,000
SAB Combination [Member]
Disclosure of classes of share capital [line items]
Number of restricted shares issued | shares						326,000,000	326,000,000
Number of restricted shares converted into ordinary shares | shares						44,000,000	44,000,000
SAB Miller [Member]
Disclosure of classes of share capital [line items]
Sale or issue of treasury shares						$ 491,000,000	R 8.6
SAB Miller [Member] | Sab Zen zeleKabili Holdings Limited [Member]
Disclosure of classes of share capital [line items]
Settlement amount reinvested						100,000,000	0.7
New scheme capital													$ 300,000,000	R 4.7
SAB Miller [Member] | Sab Zenzele Holdings [Member]
Disclosure of classes of share capital [line items]
Percentage Of Obligations Due To Be Settled To The The Beneficiaries Of The Share Scheme												77.40%	77.40%	77.40%
Payout Settlement to SAB retailers						$ 100,000,000	R 1.1
SAB Miller [Member] | Treasury shares [member]
Disclosure of classes of share capital [line items]
Number Of Shares Settlement | shares						10,800,000	10,800,000
SAB Foundation [Member] | Treasury shares [member]
Disclosure of classes of share capital [line items]
Payment to acquire shares | R							R 4.4
SAB Foundation [Member] | Ordinary shares [member]
Disclosure of classes of share capital [line items]
Payment to acquire shares | R							R 0.3
Reserves [member]
Disclosure of classes of share capital [line items]
Sales/(purchase) of non-controlling interests | $								$ 1,116,000,000	[1]		4,378,000,000
Non-controlling interests [member]
Disclosure of classes of share capital [line items]
Dividend paid | $						$ 1,112,000,000		804,000,000			1,062,000,000
Exchange differences on translation of foreign operations (gains/(losses)) | $						205,000,000		529,000,000			353,000,000
Sales/(purchase) of non-controlling interests | $								1,869,000,000	[1]		1,427,000,000
Equity attributable to owners of parent [member]
Disclosure of classes of share capital [line items]
Dividend paid | $						1,139,000,000		1,118,000,000			4,117,000,000
Exchange differences on translation of foreign operations (gains/(losses)) | $						$ 4,320,000,000		9,943,000,000			(1,143,000,000)
Sales/(purchase) of non-controlling interests | $								$ 1,116,000,000	[1]		$ 4,378,000,000
Top of range [member]
Disclosure of classes of share capital [line items]
Tax withholding percentage						15.00%	15.00%
Parent [member]
Disclosure of classes of share capital [line items]
Issued capital | $													$ 1,736,000,000
Equity shares | shares												38,217,386	38,217,386	38,217,386
Number of shares authorized | shares												2,019,241,973	2,019,241,973	2,019,241,973
Number of shares outstanding | €												€ 37,000,000
Parent [member] | Stock Lending Arrangements [Member]
Disclosure of classes of share capital [line items]
Number of shares issued | shares												30,000,000	30,000,000	30,000,000
Parent [member] | Treasury shares [member]
Disclosure of classes of share capital [line items]
Number of shares outstanding | shares												37,579,393	37,579,393	37,579,393
Parent [member] | Subscribed Capital [Member] | Treasury shares [member]
Disclosure of classes of share capital [line items]
Issued capital												€ 5,352,860	$ 6,568,491
[1]	The 2020 sale of non-controlling interest relates to the issuance of a 49.9% minority stake in the company’s US-based metal container operations completed in December 2020 (refer to Note 22 Changes in equity and earnings per share for more details).

Changes in Equity and Earning_5

Changes in Equity and Earnings Per Share - Summary of Changes in Other Comprehensive Income Reserves (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Other comprehensive income/(loss)
Exchange differences on translation of foreign operations (gains/(losses))	$ (4,525)	$ (10,473)	$ 790
Cash flow hedges	140	206	(110)
Cash flow hedges and cumulative translation adjustments reclassified from equity to profit or loss in relation to Australia divestiture		426
Re-measurements of post-employment benefits	504	(263)	(182)
Total Other comprehensive income/(loss)	2,233	(7,901)	10,912
Translation reserves [member]
Disclosure of information about changes in other comprehensive income reserves [line items]
Beginning balance	(29,234)	(19,936)	(21,079)
Other comprehensive income/(loss)
Exchange differences on translation of foreign operations (gains/(losses))	(4,320)	(9,943)	1,143
Cash flow hedges and cumulative translation adjustments reclassified from equity to profit or loss in relation to Australia divestiture		645
Total Other comprehensive income/(loss)	(4,320)	(9,298)	1,143
Ending balance	(33,554)	(29,234)	(19,936)
Hedging reserves [member]
Disclosure of information about changes in other comprehensive income reserves [line items]
Beginning balance	376	397	494
Other comprehensive income/(loss)
Cash flow hedges	105	198	(97)
Cash flow hedges and cumulative translation adjustments reclassified from equity to profit or loss in relation to Australia divestiture		(219)
Total Other comprehensive income/(loss)	105	(21)	(97)
Ending balance	481	376	397
Post- employment benefits [member]
Disclosure of information about changes in other comprehensive income reserves [line items]
Beginning balance	(1,983)	(1,740)	(1,567)
Other comprehensive income/(loss)
Re-measurements of post-employment benefits	479	(243)	(173)
Total Other comprehensive income/(loss)	479	(243)	(173)
Ending balance	(1,504)	(1,983)	(1,740)
OCI reserves [member]
Disclosure of information about changes in other comprehensive income reserves [line items]
Beginning balance	(30,841)	(21,279)	(22,152)
Other comprehensive income/(loss)
Exchange differences on translation of foreign operations (gains/(losses))	(4,320)	(9,943)	1,143
Cash flow hedges	105	198	(97)
Cash flow hedges and cumulative translation adjustments reclassified from equity to profit or loss in relation to Australia divestiture		426
Re-measurements of post-employment benefits	479	(243)	(173)
Total Other comprehensive income/(loss)	(3,736)	(9,562)	873
Ending balance	$ (34,577)	$ (30,841)	$ (21,279)

Changes in Equity and Earning_6

Changes in Equity and Earnings Per Share - Summary of Weighted Average Number of Ordinary and Restricted Shares (Detail) - USD ($) shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclosure of information about weighted average number of ordinary and restricted shares outstanding [line items]
Issued ordinary and restricted shares at 1 January, net of treasury shares	1,972	1,959	1,957
Effect of stock lending	30	30	25
Effect of delivery of treasury shares	4	9	2
Weighted average number of ordinary and restricted shares at 31 December	2,007	1,998	1,984
Effect of share options, warrants and restricted stock units	38	39	42
Weighted average number of ordinary and restricted shares (diluted) at 31 December	2,045	2,037	2,026
Profit attributable to equity holders of AB InBev	$ 4,670	$ 1,405	$ 9,171
Exceptional items, before taxes (refer to Note 8)	614	3,103	323
Exceptional finance income/(cost), before taxes (refer to Note 11)	806	1,738	(882)
Exceptional taxes (refer to Note 8)	(346)	(155)	6
Exceptional non-controlling interest (refer to Note 8)	(20)	(228)	(108)
Profit from discontinued operations (refer to Note 21)	0	(2,055)	(424)
Profit from continuing operations before exceptional items and discontinued operations, attributable to equity holders of AB InBev	5,723	3,807	8,086
Mark-to-market (losses)/gains on certain derivatives related to the hedging of share-based payment programs (refer to Note 11)	23	1,211	(898)
Hyperinflation impacts	28	4	7
Profit before exceptional items, discontinued operations, mark-to-market gains/losses and hyperinflation impacts, attributable to equity holders of AB InBev	$ 5,774	$ 5,022	$ 7,196
Ordinary restricted shares [member]
Disclosure of information about weighted average number of ordinary and restricted shares outstanding [line items]
Weighted average number of ordinary and restricted shares at 31 December	2,007	1,998	1,984

Changes in Equity and Earning_7

Changes in Equity and Earnings Per Share - Summary of EPS (Detail) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Earnings per share [abstract]
Profit attributable to equity holders of AB InBev	$ 4,670	$ 1,405	$ 9,171
Weighted average number of ordinary and restricted shares	2,007	1,998	1,984
Basic EPS from continuing and discontinued operations	$ 2.33	$ 0.70	$ 4.62
Profit/(loss) from continuing operations attributable to equity holders of AB InBev	$ 4,670	$ (650)	$ 8,748
Weighted average number of ordinary and restricted shares	2,007	1,998	1,984
Basic EPS from continuing operations	$ 2.33	$ (0.33)	$ 4.41
Profit from continuing operations before exceptional items and discontinued operations, attributable to equity holders of AB InBev	$ 5,723	$ 3,807	$ 8,086
Weighted average number of ordinary and restricted shares	2,007	1,998	1,984
Basic EPS from continuing operations before exceptional items	$ 2.85	$ 1.91	$ 4.08
Profit before exceptional items, discontinued operations, mark-to-market gains/losses and hyperinflation impacts, attributable to equity holders of AB InBev	$ 5,774	$ 5,022	$ 7,196
Weighted average number of ordinary and restricted shares	2,007	1,998	1,984
Underlying EPS	$ 2.88	$ 2.51	$ 3.63
Profit attributable to equity holders of AB InBev	$ 4,670	$ 1,405	$ 9,171
Weighted average number of ordinary and restricted shares (diluted)	2,045	2,037	2,026
Diluted EPS from continuing and discontinued operations	$ 2.28	$ 0.69	$ 4.53
Profit/(loss) from continuing operations attributable to equity holders of AB InBev	$ 4,670	$ (650)	$ 8,748
Weighted average number of ordinary and restricted shares (diluted)	2,045	1,998	2,026
Diluted EPS from continuing operations	$ 2.28	$ (0.33)	$ 4.32
Profit from continuing operations before exceptional items and discontinued operations, attributable to equity holders of AB InBev	$ 5,723	$ 3,807	$ 8,086
Weighted average number of ordinary and restricted shares (diluted)	2,045	2,037	2,026
Diluted EPS from continuing operations before exceptional items	$ 2.80	$ 1.87	$ 3.99

Interest-Bearing Loans and Bo_3

Interest-Bearing Loans and Borrowings - Summary of Interest-bearing Loans and Borrowings (Detail) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
CURRENT LIABILITIES
Commercial papers	$ 0	$ 1,500
Non-Current Liabilities [Member]
NON-CURRENT LIABILITIES
Secured bank loans	75	46
Unsecured bond issues	85,433	93,523
Unsecured other loans	31	73
Lease liabilities	1,830	1,837
Non-current interest-bearing loans and borrowings	87,369	95,478
Current Liabilities [member]
CURRENT LIABILITIES
Secured bank loans	553	656
Commercial papers	0	1,522
Unsecured bank loans	106	294
Unsecured bond issues	293	202
Unsecured other loans	9	10
Lease liabilities	447	397
Current interest-bearing loans and borrowings	$ 1,408	$ 3,081

Interest-Bearing Loans and Bo_4

Interest-Bearing Loans and Borrowings - Additional Information (Detail) $ in Millions, € in Billions	Feb. 18, 2021USD ($)	Dec. 31, 2021USD ($)	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)	[1]	Dec. 31, 2021EUR (€)
Disclosure of detailed information about borrowings [line items]
Commercial papers		$ 0	$ 1,500
Commercial papers authorized amount		5,000				€ 3
Payments of dividends		2,364	1,800	$ 5,015
Revolving Credit Facility [Member]
Disclosure of detailed information about borrowings [line items]
Committed long-term credit facilities	$ 9,000
Major Borrowings [Member] | Sustainable-Linked Loan Revolving Credit Facility [Member]
Disclosure of detailed information about borrowings [line items]
Notional amount	$ 10,100
Borrowings, maturity	five-year
Ambev [member]
Disclosure of detailed information about borrowings [line items]
Net increased decreased debt		76,200	82,700
Impact of changes in foreign exchange rates		1,600
Payments of dividends		2,400
AB inBev [member]
Disclosure of detailed information about borrowings [line items]
Current and non-current interest-bearing loans and borrowings		88,800	$ 98,600
Payment of interests and taxes		$ 6,200
[1]	The consolidated statement of cash flows for 2019 has been restated to include operating, investing and financing activities from discontinued operations separately in the cashflow statement. In addition, the 2019 cash flow from investing activities has been restated to reflect reclassification of the cash flow hedges in relation to the Australia divestiture reported in the financing activities in 2019 and recycled to profit or loss upon the completion of the transaction.

Interest-Bearing Loans and Bo_5

Interest-Bearing Loans and Borrowings - Summary of Redemption in Outstanding Principal Amount of Notes (Detail) $ in Millions	12 Months Ended
	Dec. 31, 2021USD ($)
3.750% Notes due 2024 [member]
Disclosure of detailed information about borrowings [line items]
Date of redemption	Jan. 27, 2021
Issuer	ABIWW
Title of series of notes issued exchanged percentage	3.75%
Title of series of notes issued exchanged due maturity period	Notes due 2024
Currency	AUD
Aggregate principal amount outstanding	$ 650
Principal amount redeemed	$ 650
1.500% Notes due 2025 [member]
Disclosure of detailed information about borrowings [line items]
Date of redemption	Jan. 28, 2021
Issuer	ABISA
Title of series of notes issued exchanged percentage	1.50%
Title of series of notes issued exchanged due maturity period	Notes due 2025
Currency	EUR
Aggregate principal amount outstanding	$ 2,147
Principal amount redeemed	$ 2,147
4.150% Notes due 2025 [member]
Disclosure of detailed information about borrowings [line items]
Date of redemption	Jun. 29, 2021
Issuer	ABIWW
Title of series of notes issued exchanged percentage	4.15%
Title of series of notes issued exchanged due maturity period	Notes due 2025
Currency	USD
Aggregate principal amount outstanding	$ 2,500
Principal amount redeemed	$ 2,500
4.600% Notes due 2045 [member]
Disclosure of detailed information about borrowings [line items]
Date of redemption	Jul. 23, 2021
Issuer	ABIFI
Title of series of notes issued exchanged percentage	4.60%
Title of series of notes issued exchanged due maturity period	Notes due 2045
Currency	USD
Aggregate principal amount outstanding	$ 565
Principal amount redeemed	$ 565

Interest-Bearing Loans and Bo_6

Interest-Bearing Loans and Borrowings - Summary of Reconciliation of Net Debt (Detail) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Disclosure of Reconciliation of Net Cash Flow to Movement in Net Debt [Line Items]
Bank overdrafts	$ 53	$ 5
Cash and cash equivalents	(12,097)	(15,252)
AB inBev [member]
Disclosure of Reconciliation of Net Cash Flow to Movement in Net Debt [Line Items]
Non-current interest-bearing loans and borrowings	87,369	95,478
Current interest-bearing loans and borrowings	1,408	3,081
Interest-bearing loans and borrowings	88,777	98,559
Bank overdrafts	53	5
Cash and cash equivalents	(12,097)	(15,252)
Interest bearing loans granted and other deposits (included within Trade and other receivables)	(175)	(173)
Debt securities (included within Investment securities)	(396)	(418)
Net debt	$ 76,162	$ 82,722

Interest-Bearing Loans and Bo_7

Interest-Bearing Loans and Borrowings - Summary of Changes in the Company's Liabilities Arising from Financing Activities (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclosure of reconciliation of liabilities arising from financing activities [line items]
Proceeds from borrowings	$ 454	$ 14,822	$ 22,584	[1]
Payments on borrowings	(8,965)	(23,116)	(30,592)	[1]
Amortized cost	110,904	119,372
Long-term debt, net of current portion [member]
Disclosure of reconciliation of liabilities arising from financing activities [line items]
Balance beginning	95,478	97,564	106,997
Proceeds from borrowings	148	11,226	17,939
Payments on borrowings	(6,735)	(13,596)	(22,339)
Capitalization / (payment) of lease liabilities	697	394	420
Amortized cost	64	71	75
Unrealized foreign exchange effects	(2,149)	2,521	(538)
Current portion of long-term debt	(875)	(3,744)	(4,769)
Liabilities associated with assets held for sale			(69)
Other movements			(152)
Loss on bond redemption and other movements	741	1,042
Balance ending	87,369	95,478	97,564
Short-term debt and current portion of long-term debt [member]
Disclosure of reconciliation of liabilities arising from financing activities [line items]
Balance beginning	3,081	5,410	4,584
Proceeds from borrowings	306	3,596	4,645
Payments on borrowings	(2,230)	(9,520)	(8,253)
Capitalization / (payment) of lease liabilities	(547)	(484)	(441)
Amortized cost	0	17	13
Unrealized foreign exchange effects	(88)	241	(39)
Current portion of long-term debt	875	3,744	4,769
Liabilities associated with assets held for sale			(15)
Other movements			147
Loss on bond redemption and other movements	10	77
Balance ending	$ 1,408	$ 3,081	$ 5,410
[1]	The consolidated statement of cash flows for 2019 has been restated to include operating, investing and financing activities from discontinued operations separately in the cashflow statement. In addition, the 2019 cash flow from investing activities has been restated to reflect reclassification of the cash flow hedges in relation to the Australia divestiture reported in the financing activities in 2019 and recycled to profit or loss upon the completion of the transaction.

Employee Benefits - Additional

Employee Benefits - Additional Information (Detail) $ in Millions	12 Months Ended
	Dec. 31, 2021USD ($)	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)
Disclosure of defined benefit plans [line items]
Number of defined benefit plans	82
Present value of funded obligations	$ 6,791	$ 7,703
Employee benefit net	2,256	2,964
Fair value of the plan assets	268
Actual return on plans assets resulting to gain (losses)	$ 334	$ 500
Weighted average duration of the benefit benefit obligation	13 years 8 months 12 days	13 years 10 months 24 days
Defined Benefit Plan [Member]
Disclosure of defined benefit plans [line items]
Defined contribution plans	$ 147	$ 91	$ 101
Fair value of the plan assets	$ 1,018
Retirement or Leaving Service Plans [Member]
Disclosure of defined benefit plans [line items]
Number of defined benefit plans	61
Medical Cost Plans [Member]
Disclosure of defined benefit plans [line items]
Number of defined benefit plans	17
Medical Cost Plans [Member] | Brazil [Member]
Disclosure of defined benefit plans [line items]
Present value of funded obligations	$ 96
Other Long Term Employee Benefit Plans [Member]
Disclosure of defined benefit plans [line items]
Number of defined benefit plans	4
Active Employees [Member]
Disclosure of defined benefit plans [line items]
Present value of funded obligations	$ 1,600
Deferred [member]
Disclosure of defined benefit plans [line items]
Present value of funded obligations	1,700
Members in Retirement [Member]
Disclosure of defined benefit plans [line items]
Present value of funded obligations	4,200
Funded Defined Benefit Plans [member]
Disclosure of defined benefit plans [line items]
Expected contribution towards defined benefit plans	192
Unfunded Defined Benefit Plans And Post Retirement Medical Plans [member]
Disclosure of defined benefit plans [line items]
Expected contribution towards defined benefit plans	$ 68

Employee Benefits - Summary of

Employee Benefits - Summary of Net Liability for Post-employment and Long-term Employee Benefit Plans (Detail) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Disclosure of defined benefit plans [abstract]
Present value of funded obligations	$ (6,791)	$ (7,703)
Fair value of plan assets	5,381	5,649
Present value of net obligations for funded plans	(1,410)	(2,054)
Present value of unfunded obligations	(687)	(793)
Present value of net obligations	(2,097)	(2,847)
Unrecognized asset	(32)	(31)	$ (74)	$ (77)
Net liability	(2,129)	(2,878)
Other long term employee benefits	(127)	(86)
Net liability	(2,256)	(2,964)
Employee benefits amounts in the balance sheet:
Liabilities	(2,261)	(2,970)
Assets	5	6
Net liability	$ (2,256)	$ (2,964)

Employee Benefits - Summary o_2

Employee Benefits - Summary of Changes in Present Value of Defined Benefit Obligations and Changes in Fair Value of Plan Assets (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclosure of defined benefit plans [line items]
Defined benefit obligation at 1 January	$ 2,964
Interest cost	(73)	$ (82)	$ (95)
Actuarial gains/(losses) - demographic assumptions	(334)	(500)
Defined benefit obligation at 31 December	2,256	2,964
Present Value of Defined Benefit Obligation [Member]
Disclosure of defined benefit plans [line items]
Defined benefit obligation at 1 January	(8,496)	(8,143)	(7,568)
Current service costs	(80)	(72)	(67)
Interest cost	(212)	(250)	(326)
Past service gain/(cost)	(5)	16	(9)
Assets distributed on settlements	176	153	109
Benefits paid	553	519	596
Contribution by plan participants	(3)	(2)	(2)
Actuarial gains/(losses) - demographic assumptions	(41)	20	61
Actuarial gains/(losses) - financial assumptions	460	(690)	(912)
Experience adjustments	16	(12)	29
Exchange differences	154	(35)	(86)
Transfers and other movements		0	32
Defined benefit obligation at 31 December	(7,478)	(8,496)	(8,143)
Plan Assets [Member]
Disclosure of defined benefit plans [line items]
Defined benefit obligation at 1 January	5,649	5,442	5,059
Interest cost	137	168	218
Administration costs	(19)	(19)	(23)
Assets distributed on settlements	(172)	(146)	(107)
Return on plan assets exceeding interest income	197	332	579
Benefits paid	(553)	(519)	(596)
Contributions by AB InBev	241	394	294
Contribution by plan participants	3	2	2
Exchange differences	(102)	(9)	46
Transfers and other movements	0	4	(30)
Defined benefit obligation at 31 December	$ 5,381	$ 5,649	$ 5,442

Employee Benefits - Summary o_3

Employee Benefits - Summary of Changes in Unrecognized Assets (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclosure of changes in unrecognized assets of defined benefit plans [abstract]
Irrecoverable surplus impact at 1 January	$ (31)	$ (74)	$ (77)
Interest expense	(2)	(4)	(7)
Changes excluding amounts included in interest expense	1	47	9
Irrecoverable surplus impact at 31 December	$ (32)	$ (31)	$ (74)

Employee Benefits - Summary o_4

Employee Benefits - Summary of Employee Benefit Expense Recognized in Income Statement (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclosure Of Employee Benefit Expenses [line items]
Total employee benefit expense	$ (176)	$ (156)	$ (137)
Cost of sales [member]
Disclosure Of Employee Benefit Expenses [line items]
Total employee benefit expense	(30)	(28)	(17)
Distribution expenses [member]
Disclosure Of Employee Benefit Expenses [line items]
Total employee benefit expense	(11)	(9)	(5)
Sales and marketing expenses [member]
Disclosure Of Employee Benefit Expenses [line items]
Total employee benefit expense	(24)	(18)	(4)
Administrative expenses [member]
Disclosure Of Employee Benefit Expenses [line items]
Total employee benefit expense	(34)	(20)	(3)
Other Operating (Expense)/Income [Member]
Disclosure Of Employee Benefit Expenses [line items]
Total employee benefit expense	(1)	(1)	0
Exceptional items [member]
Disclosure Of Employee Benefit Expenses [line items]
Total employee benefit expense		(7)
Net Finance Cost [Member]
Disclosure Of Employee Benefit Expenses [line items]
Total employee benefit expense	(76)	(87)	(114)
Defined Benefit Plan [Member]
Disclosure Of Employee Benefit Expenses [line items]
Current service costs	(80)	(72)	(67)
Administration costs	(19)	(19)	(23)
Past service cost due to plan amendments, curtailments or settlements	(2)	16	66
(Losses)/gains due to experience and demographic assumption changes	1	6	1
Profit from operations	(100)	(69)	(23)
Net finance cost	(76)	(87)	(114)
Total employee benefit expense	$ (176)	$ (156)	$ (137)

Employee Benefits - Summary o_5

Employee Benefits - Summary of Weighted Average Assumptions Used in Computing Benefit Obligations (Detail)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
United States [member]
Disclosure of Weighted average assumptions used to determine benefit obligations [line items]
Discount rate	2.80%	2.50%
Price inflation	2.50%	2.50%
United States [member] | Male [Member]
Disclosure of Weighted average assumptions used to determine benefit obligations [line items]
Life expectation for a 65 year old	86 years	86 years
United States [member] | Female [Member]
Disclosure of Weighted average assumptions used to determine benefit obligations [line items]
Life expectation for a 65 year old	88 years	87 years
United States [member] | Top of range [member]
Disclosure of Weighted average assumptions used to determine benefit obligations [line items]
Medical cost trend rate	5.30%	5.50%
United States [member] | Bottom of range [member]
Disclosure of Weighted average assumptions used to determine benefit obligations [line items]
Medical cost trend rate	4.50%	4.50%
Canada [member]
Disclosure of Weighted average assumptions used to determine benefit obligations [line items]
Discount rate	2.90%	2.40%
Price inflation	2.00%	2.00%
Future salary increases	1.00%	1.00%
Future pension increases	2.00%	2.00%
Medical cost trend rate	4.50%	4.50%
Canada [member] | Male [Member]
Disclosure of Weighted average assumptions used to determine benefit obligations [line items]
Life expectation for a 65 year old	87 years	87 years
Canada [member] | Female [Member]
Disclosure of Weighted average assumptions used to determine benefit obligations [line items]
Life expectation for a 65 year old	90 years	90 years
Mexico [member]
Disclosure of Weighted average assumptions used to determine benefit obligations [line items]
Discount rate	8.00%	6.30%
Price inflation	3.50%	3.50%
Future salary increases		4.30%
Future pension increases	3.50%	3.50%
Mexico [member] | Male [Member]
Disclosure of Weighted average assumptions used to determine benefit obligations [line items]
Life expectation for a 65 year old	85 years	82 years
Mexico [member] | Female [Member]
Disclosure of Weighted average assumptions used to determine benefit obligations [line items]
Life expectation for a 65 year old	88 years	85 years
Mexico [member] | Top of range [member]
Disclosure of Weighted average assumptions used to determine benefit obligations [line items]
Future salary increases	4.50%
Mexico [member] | Bottom of range [member]
Disclosure of Weighted average assumptions used to determine benefit obligations [line items]
Future salary increases	4.00%
Brazil [Member]
Disclosure of Weighted average assumptions used to determine benefit obligations [line items]
Discount rate	8.70%	6.90%
Price inflation	3.30%	3.30%
Future pension increases	3.30%	3.30%
Medical cost trend rate	6.90%	6.90%
Brazil [Member] | Male [Member]
Disclosure of Weighted average assumptions used to determine benefit obligations [line items]
Life expectation for a 65 year old	85 years	85 years
Brazil [Member] | Female [Member]
Disclosure of Weighted average assumptions used to determine benefit obligations [line items]
Life expectation for a 65 year old	87 years	88 years
Brazil [Member] | Top of range [member]
Disclosure of Weighted average assumptions used to determine benefit obligations [line items]
Future salary increases	6.90%	6.90%
Brazil [Member] | Bottom of range [member]
Disclosure of Weighted average assumptions used to determine benefit obligations [line items]
Future salary increases	5.00%	5.00%
United Kingdom [member]
Disclosure of Weighted average assumptions used to determine benefit obligations [line items]
Discount rate	1.90%	1.40%
Price inflation	3.60%	3.10%
Future pension increases	3.20%	2.90%
United Kingdom [member] | Male [Member]
Disclosure of Weighted average assumptions used to determine benefit obligations [line items]
Life expectation for a 65 year old	87 years	87 years
United Kingdom [member] | Female [Member]
Disclosure of Weighted average assumptions used to determine benefit obligations [line items]
Life expectation for a 65 year old	89 years	89 years
AB inBev [member]
Disclosure of Weighted average assumptions used to determine benefit obligations [line items]
Discount rate	3.20%	2.60%
Price inflation	2.70%	2.60%
Future salary increases	3.70%	3.70%
Future pension increases	2.70%	2.60%
AB inBev [member] | Male [Member]
Disclosure of Weighted average assumptions used to determine benefit obligations [line items]
Life expectation for a 65 year old	85 years	85 years
AB inBev [member] | Female [Member]
Disclosure of Weighted average assumptions used to determine benefit obligations [line items]
Life expectation for a 65 year old	88 years	88 years
AB inBev [member] | Top of range [member]
Disclosure of Weighted average assumptions used to determine benefit obligations [line items]
Medical cost trend rate	5.90%	6.00%
AB inBev [member] | Bottom of range [member]
Disclosure of Weighted average assumptions used to determine benefit obligations [line items]
Medical cost trend rate	5.70%	5.70%

Employee Benefits - Summary o_6

Employee Benefits - Summary of Sensitivity Analysis of Defined Benefit Obligation for Weighted Principle Assumption (Detail) $ in Millions	12 Months Ended
	Dec. 31, 2021USD ($)
Discount Rate [Member]
Disclosure of sensitivity analysis for actuarial assumptions [line items]
Change in assumption	0.50%
Increase in assumption	$ (482)
Decrease in assumption	$ 533
Price inflation [member]
Disclosure of sensitivity analysis for actuarial assumptions [line items]
Change in assumption	0.50%
Increase in assumption	$ 175
Decrease in assumption	$ (183)
Future Salary Increases [Member]
Disclosure of sensitivity analysis for actuarial assumptions [line items]
Change in assumption	0.50%
Increase in assumption	$ 26
Decrease in assumption	$ (25)
Medical Cost Trend Rate [Member]
Disclosure of sensitivity analysis for actuarial assumptions [line items]
Change in assumption	1.00%
Increase in assumption	$ 30
Decrease in assumption	$ (26)
Longevity [Member]
Disclosure of sensitivity analysis for actuarial assumptions [line items]
Change in assumption	One year
Increase in assumption	$ 256
Decrease in assumption	$ (255)

Employee Benefits - Summary o_7

Employee Benefits - Summary of Fair Value of Plan Assets (Detail)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Disclosure of fair value of plan assets [line items]
Fair value of plan assets	100.00%	100.00%
Government Bonds [Member]
Disclosure of fair value of plan assets [line items]
Fair value of plan assets	34.00%	33.00%
Corporate Bonds [Member]
Disclosure of fair value of plan assets [line items]
Fair value of plan assets	34.00%	34.00%
Equity instruments [member]
Disclosure of fair value of plan assets [line items]
Fair value of plan assets	24.00%	25.00%
Property [Member]
Disclosure of fair value of plan assets [line items]
Fair value of plan assets	4.00%	3.00%
Insurance Contracts and Others [Member]
Disclosure of fair value of plan assets [line items]
Fair value of plan assets	4.00%	5.00%
Quoted [Member]
Disclosure of fair value of plan assets [line items]
Fair value of plan assets	94.00%	95.00%
Quoted [Member] | Government Bonds [Member]
Disclosure of fair value of plan assets [line items]
Fair value of plan assets	34.00%	33.00%
Quoted [Member] | Corporate Bonds [Member]
Disclosure of fair value of plan assets [line items]
Fair value of plan assets	34.00%	34.00%
Quoted [Member] | Equity instruments [member]
Disclosure of fair value of plan assets [line items]
Fair value of plan assets	24.00%	25.00%
Quoted [Member] | Insurance Contracts and Others [Member]
Disclosure of fair value of plan assets [line items]
Fair value of plan assets	2.00%	3.00%
Unquoted [Member]
Disclosure of fair value of plan assets [line items]
Fair value of plan assets	6.00%	5.00%
Unquoted [Member] | Property [Member]
Disclosure of fair value of plan assets [line items]
Fair value of plan assets	4.00%	3.00%
Unquoted [Member] | Insurance Contracts and Others [Member]
Disclosure of fair value of plan assets [line items]
Fair value of plan assets	2.00%	2.00%

Share-Based Payments - Addition

Share-Based Payments - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2021USD ($)shares	Dec. 31, 2020USD ($)shares	Dec. 31, 2019USD ($)shares
Disclosure of terms and conditions of share-based payment arrangement [line items]
Share-based payment transactions expense	$ 510,000,000	$ 169,000,000	$ 340,000,000
Percentage of discount on market price of share for share based payments	20.00%
Share-based compensation number of shares issued | shares	1,972,000,000	1,959,000,000	1,957,000,000
Fair value of stock options granted	$ 0	$ 7.54	$ 11.79
The Zenzele Kabili scheme [member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Share-based payment transactions expense	$ 72,000,000
AB inBev [member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Lock up Period for first half of bonus shares	3 years
Lock up Period for second half of bonus shares	5 years
Restricted Stock Units [member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Share based payment vesting period first half	3 years
Share based payment vesting period other half	5 years
Share-based compensation number of shares issued | shares	200,000	200,000
Share-based compensation grant date fair value	$ 9,000,000	$ 9,000,000
Restricted Stock Units [member] | AB inBev [member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Exercise period of stock options	5 years
Stock options granted	100,000	100,000
Fair value of stock options granted	$ 4,000,000	$ 4,000,000
Long Term Incentive Warrant Plan [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of shares granted | shares	3

Share-Based Payments - LTI Stoc

Share-Based Payments - LTI Stock Option Plan Executives - Additional Information (Detail) shares in Millions, Unit_pure in Millions	12 Months Ended
	Dec. 31, 2021USD ($)shares	Dec. 31, 2020USD ($)shares	Dec. 31, 2019USD ($)shares
Disclosure of terms and conditions of share-based payment arrangement [line items]
Fair value of stock options granted | $	$ 0	$ 7.54	$ 11.79
Number of shares issued	1,972	1,959	1,957
Long Term Incentive Stock Option Plan [member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Stock options granted	0	38.1
Long Term Incentive Stock Option Plan [member] | Executive [member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Stock options granted		3.6
Fair value of stock options granted | $		$ 287,000,000
Long Term Restricted Stock Unit Program One [member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Stock options granted		7
Share based payment vesting period	5 years
Long Term Restricted Stock Unit Program One [member] | Executive [member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Stock options granted	0	0.8
Fair value of stock options granted | $		$ 307,000,000
Long Term Restricted Stock Unit Program Three [member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Share based payment vesting period	5 years
Share-based compensation grant date fair value	0.1	0.1
Share-based compensation grant date fair value | $	$ 7,000,000	$ 6,000,000
Long Term Restricted Stock Unit Program Four [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Stock options granted	0.8	1.7
Fair value of stock options granted | $	$ 7,000,000	$ 120,000,000
Restricted Stock Units [member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Share-based compensation grant date fair value	3.9	10.9	5.5
Share-based compensation grant date fair value | $	$ 9,000,000	$ 9,000,000
Number of shares issued	0.2	0.2
Restricted Stock Units [member] | Management board members and other employees [member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Fair value of stock options granted | $	$ 155,000,000	$ 116,000,000
Number of shares issued	2.8	1.7
Restricted Stock Units [member] | Board of Director [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of shares issued	0.2	0.1

Share-Based Payments - Performa

Share-Based Payments - Performance Related Incentive Plan For Disruptive Growth Function - Additional Information (Detail) - Performance Share Unit [member] Unit_pure in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Disclosure of terms and conditions of share-based payment arrangement [line items]
Share based arrangement vesting requirements	These units vest after 5 years provided that a performance test is met
Senior Management [member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Share-based compensation number of shares issued	1	1.2

Share-Based Payments - Other Pr

Share-Based Payments - Other Programs - Additional Information (Detail) shares in Millions, Unit_pure in Millions	12 Months Ended
	Dec. 31, 2021EUR (€)shares	Dec. 31, 2021USD ($)shares	Dec. 31, 2020shares	Dec. 31, 2021USD ($)
Disclosure of terms and conditions of share-based payment arrangement [line items]
Description on calculation of expected volatility	Expected volatility is based on historical volatility calculated over a 10-year period.	Expected volatility is based on historical volatility calculated over a 10-year period.
Description on exercise price of options	The binomial Hull model assumes that all employees would immediately exercise their options if the AB InBev share price is 2.5 times above the exercise price.	The binomial Hull model assumes that all employees would immediately exercise their options if the AB InBev share price is 2.5 times above the exercise price.
Weighted average remaining contractual life of options and warrants	6.50 years	6.50 years
Options and warrants outstanding	102.7			102.7
Options and warrants vested	24.3	24.3
Weighted average share price at the date of exercise	€ 53.47	$ 60.56
Senior Management [member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Share based payment vesting period	6 months	6 months
Vesting acceleration of stock options and restricted stock units	0	0	0.1
Bottom of range [member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Exercise price of outstanding options and warrants	€ 10.32			$ 11.69
Top of range [member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Exercise price of outstanding options and warrants	€ 121.95			$ 138.12
Long Term Restricted Stock Unit Program Three [member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Share based payment vesting period	5 years	5 years

Share-Based Payments - Summary

Share-Based Payments - Summary of Weighted Average Fair Value of Options and Assumptions (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2021
Disclosure of terms and conditions of share-based payment arrangement [line items]
Fair value of options granted	$ 7.54	$ 11.79	$ 0
Share price	$ 46.35	$ 78.46
Exercise price	$ 46.35	$ 78.46
Expected volatility	25.00%	23.00%
Expected dividends	3.00%	3.00%
Risk-free interest rate	(0.32%)	0.43%
Ambev [member] | Brazil [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Fair value of options granted	$ 0.78	$ 1.12
Share price	$ 3.47	$ 4.38
Exercise price	$ 3.47	$ 4.38
Expected volatility	22.00%	24.00%
Risk-free interest rate	6.80%	7.80%
Bottom of range [member] | Ambev [member] | Brazil [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Expected dividends	0.00%	0.00%
Top of range [member] | Ambev [member] | Brazil [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Expected dividends	5.00%	5.00%

Share-Based Payments - Summar_2

Share-Based Payments - Summary of Number of Options Outstanding (Detail) shares in Millions, Unit_pure in Millions	12 Months Ended
	Dec. 31, 2021shares	Dec. 31, 2020	Dec. 31, 2019
Disclosure of information about options outstanding [line items]
Options outstanding at the end of December	113.8
Brazil [Member] | Ambev [member]
Disclosure of information about options outstanding [line items]
Options outstanding at 1 January	127.3	141.8	141.3
Options issued during the year			24.6
Options exercised during the year	(5.2)	(5.7)	(7.8)
Options forfeited during the year	(8.3)	(8.8)	(16.3)
Options outstanding at the end of December	113.8	127.3	141.8
AB inBev [member]
Disclosure of information about options outstanding [line items]
Options outstanding at 1 January	113.3	88.7	92.6
Options issued during the year		38.1	13.8
Options exercised during the year	(1.3)	(3.9)	(10.7)
Options forfeited during the year	(9.2)	(9)	(7)
Options outstanding at the end of December	102.7	113.3	88.7

Share-Based Payments - Summar_3

Share-Based Payments - Summary of Weighted Average Exercise Price of Options (Detail) - $ / shares	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Brazil [Member] | Ambev [member]
Disclosure of options weighted average exercise price [line items]
Options outstanding at 1 January	$ 3.81	$ 4.60	$ 4.17
Granted during the year		3.47	4.48
Exercised during the year	2.36	1.60	2.25
Forfeited during the year	4.53	4.42	5.27
Outstanding at the end of December	3.57	3.81	4.60
Exercisable at the end of December	3.79	4.56	4.74
AB inBev [member]
Disclosure of options weighted average exercise price [line items]
Options outstanding at 1 January	71.22	79.66	94.74
Granted during the year		53.41	83.33
Exercised during the year	46.30	29.92	29.27
Forfeited during the year	89.56	117.82	108.44
Outstanding at the end of December	64.77	71.22	79.66
Exercisable at the end of December	$ 98.27	$ 99.54	$ 65.33

Share-Based Payments - Summar_4

Share-Based Payments - Summary of Number of Outstanding Deferred and Restricted stock Units (Detail) - Restricted Stock Units [member] shares in Millions, Unit_pure in Millions	12 Months Ended
	Dec. 31, 2021shares	Dec. 31, 2020shares	Dec. 31, 2019
Disclosure of other equity instruments [line items]
Restricted stock units outstanding at 1 January	19.1	9.9	6
Restricted stock units issued during the year	3.9	10.9	5.5
Restricted stock units vested during the year	(1.1)	(0.7)	(1)
Restricted stock units forfeited during the year	(1.1)	(0.9)	(0.7)
Restricted stock units outstanding at the end of December	20.9	19.1	9.9
Ambev [member]
Disclosure of other equity instruments [line items]
Restricted stock units issued during the year	20.6	21.1
Brazil [Member] | Ambev [member]
Disclosure of other equity instruments [line items]
Restricted stock units outstanding at 1 January	49.6	31.7	25
Restricted stock units issued during the year	20.7	21.3	12
Restricted stock units vested during the year	(5)	(1.9)	(4.2)
Restricted stock units forfeited during the year	(1.5)	(1.5)	(1.1)
Restricted stock units outstanding at the end of December	63.8	49.6	31.7

Share-Based Payments - Ambev Sh

Share-Based Payments - Ambev Share-Based Payment Programs - Additional Information (Detail) $ / shares in Units, shares in Thousands	12 Months Ended
	Dec. 31, 2021USD ($)shares$ / shares	Dec. 31, 2021USD ($)shares$ / sharesR$ / shares	Dec. 31, 2020USD ($)shares	Dec. 31, 2019USD ($)	Dec. 31, 2021R$ / shares
Disclosure of terms and conditions of share-based payment arrangement [line items]
Stock options grant date fair value | $	$ 0	$ 0	$ 7.54	$ 11.79
Options outstanding	113,800	113,800
Options vested	59,300	59,300
Phantom shares lock up period A	five years
Phantom shares lock up period B	ten years
Ambev [member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Weighted average remaining contractual life of options and warrants	6 years 8 months 12 days
Weighted average share price at the date of exercise | (per share)	$ 3.2	$ 17.87
Number of shares exchanged	3		100
Discount on exchange	16.66%
Fair value of the transaction | $	$ 1,000,000		$ 1,000,000
Share based program service period	5 years
Description of the fair value measured	The fair values of the Ambev and AB InBev shares were determined based on the market price.
Ambev [member] | Bottom of range [member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Exercise price of outstanding options and warrants | (per share)	$ 2.86	$ 2.86			R$ 15.95
Ambev [member] | Top of range [member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Exercise price of outstanding options and warrants | (per share)	$ 8.24	$ 8.24			R$ 45.97
Restricted Stock Units [member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Share-based compensation number of shares issued	3,900,000		10,900,000	5,500,000
Share-based compensation grant date fair value | $	$ 9,000,000	$ 9,000,000	$ 9,000,000
Restricted Stock Units [member] | Ambev [member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Share-based compensation number of shares issued	20,600		21,100
Share-based compensation grant date fair value | $	$ 61,000,000	61,000,000	$ 61,000,000
Long Term Incentive Stock Option Plan [member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Stock options granted	0		38,100
Long Term Incentive Stock Option Plan [member] | Ambev [member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Stock options granted	0		22
Stock options grant date fair value | $			$ 1,000,000
Deferred stock unit plan [member] | Ambev [member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Share-based compensation number of shares issued	100		200
Share-based compensation grant date fair value | $	$ 1,000,000	$ 1,000,000	$ 1,000,000

Share-Based Payments - Bud Apac

Share-Based Payments - Bud Apac Share-Based Compaensation Program (Detail) shares in Millions, Unit_pure in Millions	12 Months Ended
	Dec. 31, 2021USD ($)shares	Dec. 31, 2020USD ($)shares	Dec. 31, 2019USD ($)
Disclosure Of Share Based Compaensation Program [Line Items]
Fair value of options granted	$ 0	$ 7.54	$ 11.79
Long Term Incentive Stock Option Plan [member]
Disclosure Of Share Based Compaensation Program [Line Items]
Number of shares granted | shares	0	38.1
Restricted Stock Units [member]
Disclosure Of Share Based Compaensation Program [Line Items]
Share-based compensation grant date fair value	3.9	10.9	5.5
Share-based compensation grant date fair value	$ 9,000,000	$ 9,000,000
Budweiser APAC [Member] | Long Term Incentive Stock Option Plan [member]
Disclosure Of Share Based Compaensation Program [Line Items]
Number of shares granted	0	69.7
Fair value of options granted		$ 52,000,000
Budweiser APAC [Member] | Restricted Stock Units [member]
Disclosure Of Share Based Compaensation Program [Line Items]
Share-based compensation grant date fair value | shares	0	29.7
Share-based compensation grant date fair value		$ 84,000,000
Budweiser APAC [Member] | Share-Based Compensation Plan [member]
Disclosure Of Share Based Compaensation Program [Line Items]
Share-based compensation grant date fair value	0.1	0.2
Share-based compensation grant date fair value	$ 1,000,000	$ 1,000,000
Budweiser APAC [Member] | People bet plan [member]
Disclosure Of Share Based Compaensation Program [Line Items]
Share-based compensation grant date fair value | shares	0	0.6
Share-based compensation grant date fair value		$ 2,000,000
Budweiser APAC [Member] | New Restricted Stock Units Plan [member]
Disclosure Of Share Based Compaensation Program [Line Items]
Share-based compensation grant date fair value | shares	10	6.8
Share-based compensation grant date fair value	$ 26,000,000	$ 23,000,000

Provisions - Summary of Provisi

Provisions - Summary of Provisions by Class (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Disclosure of other provisions [line items]
Beginning balance	$ 763	$ 911
Effect of movements in foreign exchange	(25)	(56)
Provisions made	203	264
Provisions used	(213)	(225)
Provisions reversed	(48)	(32)
Other movements	(75)	(99)
Ending balance	605	763
Restructuring [Member]
Disclosure of other provisions [line items]
Beginning balance	104	103
Effect of movements in foreign exchange	(2)	8
Provisions made	63	55
Provisions used	(73)	(54)
Provisions reversed	(13)	(7)
Other movements	1	(1)
Ending balance	80	104
Disputes [Member]
Disclosure of other provisions [line items]
Beginning balance	489	436
Effect of movements in foreign exchange	(20)	(40)
Provisions made	132	102
Provisions used	(129)	(80)
Provisions reversed	(35)	(24)
Other movements	(18)	95
Ending balance	420	489
Other - Disputes [Member]
Disclosure of other provisions [line items]
Beginning balance	170	372
Effect of movements in foreign exchange	(4)	(24)
Provisions made	9	107
Provisions used	(11)	(91)
Provisions reversed	(1)	(1)
Other movements	(58)	(193)
Ending balance	$ 106	$ 170

Provisions - Summary of Provi_2

Provisions - Summary of Provisions are Expected to be Settled Within the Following Time Windows (Detail) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclosure Of Schedule To Settle Provisions [line items]
Total provisions	$ 605	$ 763	$ 911
Restructuring [Member]
Disclosure Of Schedule To Settle Provisions [line items]
Total provisions	80	104	103
Indirect Taxes - Disputes [Member]
Disclosure Of Schedule To Settle Provisions [line items]
Total provisions	90
Labor - Disputes [Member]
Disclosure Of Schedule To Settle Provisions [line items]
Total provisions	114
Commercial - Disputes [Member]
Disclosure Of Schedule To Settle Provisions [line items]
Total provisions	55
Environmental - Disputes [Member]
Disclosure Of Schedule To Settle Provisions [line items]
Total provisions	5
Excise duties - Disputes [Member]
Disclosure Of Schedule To Settle Provisions [line items]
Total provisions	16
Other Disputes [Member]
Disclosure Of Schedule To Settle Provisions [line items]
Total provisions	140
Disputes [Member]
Disclosure Of Schedule To Settle Provisions [line items]
Total provisions	420	489	436
Other - Disputes [Member]
Disclosure Of Schedule To Settle Provisions [line items]
Total provisions	106	$ 170	$ 372
Less than 1 year [member]
Disclosure Of Schedule To Settle Provisions [line items]
Total provisions	168
Less than 1 year [member] | Restructuring [Member]
Disclosure Of Schedule To Settle Provisions [line items]
Total provisions	36
Less than 1 year [member] | Indirect Taxes - Disputes [Member]
Disclosure Of Schedule To Settle Provisions [line items]
Total provisions	10
Less than 1 year [member] | Labor - Disputes [Member]
Disclosure Of Schedule To Settle Provisions [line items]
Total provisions	14
Less than 1 year [member] | Commercial - Disputes [Member]
Disclosure Of Schedule To Settle Provisions [line items]
Total provisions	16
Less than 1 year [member] | Environmental - Disputes [Member]
Disclosure Of Schedule To Settle Provisions [line items]
Total provisions	5
Less than 1 year [member] | Other Disputes [Member]
Disclosure Of Schedule To Settle Provisions [line items]
Total provisions	39
Less than 1 year [member] | Disputes [Member]
Disclosure Of Schedule To Settle Provisions [line items]
Total provisions	82
Less than 1 year [member] | Other - Disputes [Member]
Disclosure Of Schedule To Settle Provisions [line items]
Total provisions	49
1-2 years [member]
Disclosure Of Schedule To Settle Provisions [line items]
Total provisions	235
1-2 years [member] | Restructuring [Member]
Disclosure Of Schedule To Settle Provisions [line items]
Total provisions	11
1-2 years [member] | Indirect Taxes - Disputes [Member]
Disclosure Of Schedule To Settle Provisions [line items]
Total provisions	27
1-2 years [member] | Labor - Disputes [Member]
Disclosure Of Schedule To Settle Provisions [line items]
Total provisions	55
1-2 years [member] | Commercial - Disputes [Member]
Disclosure Of Schedule To Settle Provisions [line items]
Total provisions	27
1-2 years [member] | Excise duties - Disputes [Member]
Disclosure Of Schedule To Settle Provisions [line items]
Total provisions	11
1-2 years [member] | Other Disputes [Member]
Disclosure Of Schedule To Settle Provisions [line items]
Total provisions	70
1-2 years [member] | Disputes [Member]
Disclosure Of Schedule To Settle Provisions [line items]
Total provisions	190
1-2 years [member] | Other - Disputes [Member]
Disclosure Of Schedule To Settle Provisions [line items]
Total provisions	35
2-5 years [member]
Disclosure Of Schedule To Settle Provisions [line items]
Total provisions	100
2-5 years [member] | Restructuring [Member]
Disclosure Of Schedule To Settle Provisions [line items]
Total provisions	14
2-5 years [member] | Indirect Taxes - Disputes [Member]
Disclosure Of Schedule To Settle Provisions [line items]
Total provisions	2
2-5 years [member] | Labor - Disputes [Member]
Disclosure Of Schedule To Settle Provisions [line items]
Total provisions	36
2-5 years [member] | Commercial - Disputes [Member]
Disclosure Of Schedule To Settle Provisions [line items]
Total provisions	9
2-5 years [member] | Excise duties - Disputes [Member]
Disclosure Of Schedule To Settle Provisions [line items]
Total provisions	5
2-5 years [member] | Other Disputes [Member]
Disclosure Of Schedule To Settle Provisions [line items]
Total provisions	13
2-5 years [member] | Disputes [Member]
Disclosure Of Schedule To Settle Provisions [line items]
Total provisions	65
2-5 years [member] | Other - Disputes [Member]
Disclosure Of Schedule To Settle Provisions [line items]
Total provisions	21
Greater than 5 years [member]
Disclosure Of Schedule To Settle Provisions [line items]
Total provisions	102
Greater than 5 years [member] | Restructuring [Member]
Disclosure Of Schedule To Settle Provisions [line items]
Total provisions	19
Greater than 5 years [member] | Indirect Taxes - Disputes [Member]
Disclosure Of Schedule To Settle Provisions [line items]
Total provisions	51
Greater than 5 years [member] | Labor - Disputes [Member]
Disclosure Of Schedule To Settle Provisions [line items]
Total provisions	10
Greater than 5 years [member] | Commercial - Disputes [Member]
Disclosure Of Schedule To Settle Provisions [line items]
Total provisions	3
Greater than 5 years [member] | Other Disputes [Member]
Disclosure Of Schedule To Settle Provisions [line items]
Total provisions	18
Greater than 5 years [member] | Disputes [Member]
Disclosure Of Schedule To Settle Provisions [line items]
Total provisions	83
Greater than 5 years [member] | Other - Disputes [Member]
Disclosure Of Schedule To Settle Provisions [line items]
Total provisions	$ 0

Trade and Other Payables - Summ

Trade and Other Payables - Summary of Trade and Other Payables (Detail) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Disclosure of trade and other payables [abstract]
Indirect taxes payable	$ 194	$ 252
Trade payables	51	98
Deferred consideration on acquisitions	662	1,082
Other payables	100	90
Non-current trade and other payables	1,008	1,522
Trade payables and accrued expenses	17,810	15,898
Payroll and social security payables	1,716	800
Indirect taxes payable	2,457	2,629
Interest payable	1,501	1,625
Consigned packaging	1,050	1,010
Dividends payable	355	427
Deferred income	51	27
Deferred consideration on acquisitions	191	301
Other payables	302	249
Current trade and other payables	$ 25,434	$ 22,965

Trade and Other Payables - Addi

Trade and Other Payables - Additional Information (Detail) - USD ($) $ in Billions	Dec. 31, 2021	Dec. 31, 2020
Ambev And E Leon Jimenes Sa [member] | Written Put Options [member]
Disclosure of trade and other payables [line items]
Deferred consideration on acquisitions	$ 0.6	$ 0.7

Risks Arising From Financial _3

Risks Arising From Financial Instruments - Disclosure of Financial Assets And Liabilities (Detail) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Disclosure of Financial assets and liabilities [line items]
Financial assets at amortized cost	$ 4,629	$ 4,515
Financial assets at fair value through profit or loss	446	475
Financial assets at fair value through OCI	736	1,001
Total	5,811	5,991
Financial liabilities at amortized cost	110,904	119,372
Financial liabilities at fair value through profit or loss	5,610	6,120
Financial liabilities at fair value through OCI	276	686
Total	116,790	126,178
Equity swaps [member]
Disclosure of Financial assets and liabilities [line items]
Total	5,412	5,353
Trades and other payables [member]
Disclosure of Financial assets and liabilities [line items]
Financial liabilities at amortized cost	22,074	20,807
Total	22,074	20,807
Secured bank loans [member]
Disclosure of Financial assets and liabilities [line items]
Financial liabilities at amortized cost	628	702
Total	628	702
Unsecured bank loans [member]
Disclosure of Financial assets and liabilities [line items]
Financial liabilities at amortized cost	106	294
Total	106	294
Unsecured other loans [member]
Disclosure of Financial assets and liabilities [line items]
Financial liabilities at amortized cost	40	83
Total	40	83
Lease liabilities [member]
Disclosure of Financial assets and liabilities [line items]
Financial liabilities at amortized cost	2,277	2,234
Total	2,277	2,234
Unsecured bond issues [member]
Disclosure of Financial assets and liabilities [line items]
Financial liabilities at amortized cost	85,726	93,725
Total	85,726	93,725
Commercial paper [Member]
Disclosure of Financial assets and liabilities [line items]
Financial liabilities at amortized cost	0	1,522
Total	0	1,522
Bank Overdrafts [Member]
Disclosure of Financial assets and liabilities [line items]
Financial liabilities at amortized cost	53	5
Total	53	5
Non-current financial liabilities [Member]
Disclosure of Financial assets and liabilities [line items]
Financial liabilities at amortized cost	88,182	96,748
Financial liabilities at fair value through profit or loss	100	1,758
Total	88,282	98,506
Current financial liabilities [Member]
Disclosure of Financial assets and liabilities [line items]
Financial liabilities at amortized cost	22,722	22,624
Financial liabilities at fair value through profit or loss	5,510	4,362
Financial liabilities at fair value through OCI	276	686
Total	28,508	27,672
Derivatives not designated [member] | Equity swaps [member]
Disclosure of Financial assets and liabilities [line items]
Financial liabilities at fair value through profit or loss	5,412	5,353
Total	5,412	5,353
Derivatives not designated [member] | Cross currency interest rate swaps [Member]
Disclosure of Financial assets and liabilities [line items]
Financial liabilities at fair value through profit or loss	172	446
Total	172	446
Derivatives designated [member] | Equity swaps [member]
Disclosure of Financial assets and liabilities [line items]
Financial liabilities at fair value through OCI	0	21
Total	0	21
Derivatives designated [member] | Cross currency interest rate swaps [Member]
Disclosure of Financial assets and liabilities [line items]
Financial liabilities at fair value through OCI	98	264
Total	98	264
Derivatives designated [member] | Forward exchange contracts [member]
Disclosure of Financial assets and liabilities [line items]
Financial liabilities at fair value through OCI	103	370
Total	103	370
Derivatives designated [member] | Interest rate swap [member]
Disclosure of Financial assets and liabilities [line items]
Financial liabilities at fair value through OCI	3	0
Total	3	0
Derivatives designated [member] | Other commodity derivatives [Member]
Disclosure of Financial assets and liabilities [line items]
Financial liabilities at fair value through OCI	35	26
Total	35	26
Trade and other receivables [member]
Disclosure of Financial assets and liabilities [line items]
Financial assets at amortized cost	4,607	4,493
Total	4,607	4,493
Unquoted Debt [member]
Disclosure of Financial assets and liabilities [line items]
Financial assets at amortized cost	22	22
Total	22	22
Quoted Debt [member]
Disclosure of Financial assets and liabilities [line items]
Financial assets at fair value through profit or loss	374	396
Total	374	396
Equity instruments [member]
Disclosure of Financial assets and liabilities [line items]
Financial assets at fair value through OCI	139	115
Total	139	115
Foreign currency futures [member] | Derivatives designated [member]
Disclosure of Financial assets and liabilities [line items]
Financial liabilities at fair value through OCI	37	5
Total	37	5
Non-current financial assets [Member]
Disclosure of Financial assets and liabilities [line items]
Financial assets at amortized cost	526	588
Financial assets at fair value through profit or loss	73	79
Financial assets at fair value through OCI	115	174
Total	714	841
Current financial assets [Member]
Disclosure of Financial assets and liabilities [line items]
Financial assets at amortized cost	4,103	3,927
Financial assets at fair value through profit or loss	373	396
Financial assets at fair value through OCI	621	827
Total	5,097	5,150
Derivatives not designated [member] | Derivatives not designated [member] | Forward exchange contracts [member]
Disclosure of Financial assets and liabilities [line items]
Financial liabilities at fair value through profit or loss	26	321
Total	26	321
Derivatives not designated [member] | Equity swaps [member]
Disclosure of Financial assets and liabilities [line items]
Financial assets at fair value through profit or loss	0	27
Total	0	27
Derivatives not designated [member] | Interest rate swap [member]
Disclosure of Financial assets and liabilities [line items]
Financial assets at fair value through profit or loss	20	45
Total	20	45
Derivatives not designated [member] | Cross currency interest rate swap [member]
Disclosure of Financial assets and liabilities [line items]
Financial assets at fair value through profit or loss	52	7
Total	52	7
Derivatives designated [member] | Interest rate swap [member]
Disclosure of Financial assets and liabilities [line items]
Financial assets at fair value through OCI	17	35
Total	17	35
Derivatives designated [member] | Cross currency interest rate swap [member]
Disclosure of Financial assets and liabilities [line items]
Financial assets at fair value through OCI	60	100
Total	60	100
Derivatives designated [member] | Foreign Exchange Contracts [Member]
Disclosure of Financial assets and liabilities [line items]
Financial assets at fair value through OCI	238	480
Total	238	480
Derivatives designated [member] | Foreign currency futures [member]
Disclosure of Financial assets and liabilities [line items]
Financial assets at fair value through OCI	0	36
Total	0	36
Derivatives designated [member] | Commodity derivatives [member]
Disclosure of Financial assets and liabilities [line items]
Financial assets at fair value through OCI	282	235
Total	$ 282	$ 235

Risks Arising from Financial _4

Risks Arising from Financial Instruments - Summary of Notional Amounts of Derivatives Outstanding at Year-end by Maturity Bucket (Detail) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Less than 1 year [member] | Forward exchange contracts [member]
Disclosure of detailed information about financial instruments [line items]
Notional amount	$ 12,599	$ 18,505
Less than 1 year [member] | Foreign currency futures [Member]
Disclosure of detailed information about financial instruments [line items]
Notional amount	1,617	2,218
Less than 1 year [member] | Interest rate swap [member]
Disclosure of detailed information about financial instruments [line items]
Notional amount	1,500	0
Less than 1 year [member] | Cross currency interest rate swaps [Member]
Disclosure of detailed information about financial instruments [line items]
Notional amount	4,614	513
Less than 1 year [member] | Other interest rate derivatives [member]
Disclosure of detailed information about financial instruments [line items]
Notional amount	0	0
Less than 1 year [member] | Aluminum swaps [Member]
Disclosure of detailed information about financial instruments [line items]
Notional amount	1,241	1,184
Less than 1 year [member] | Other commodity derivatives [Member]
Disclosure of detailed information about financial instruments [line items]
Notional amount	1,034	644
Less than 1 year [member] | Equity derivatives [Member]
Disclosure of detailed information about financial instruments [line items]
Notional amount	11,469	10,234
1-2 years [member] | Forward exchange contracts [member]
Disclosure of detailed information about financial instruments [line items]
Notional amount	29	290
1-2 years [member] | Foreign currency futures [Member]
Disclosure of detailed information about financial instruments [line items]
Notional amount	0	0
1-2 years [member] | Interest rate swap [member]
Disclosure of detailed information about financial instruments [line items]
Notional amount	1,000	1,500
1-2 years [member] | Cross currency interest rate swaps [Member]
Disclosure of detailed information about financial instruments [line items]
Notional amount	1,400	5,658
1-2 years [member] | Other interest rate derivatives [member]
Disclosure of detailed information about financial instruments [line items]
Notional amount	0	0
1-2 years [member] | Aluminum swaps [Member]
Disclosure of detailed information about financial instruments [line items]
Notional amount	0	0
1-2 years [member] | Other commodity derivatives [Member]
Disclosure of detailed information about financial instruments [line items]
Notional amount	0
1-2 years [member] | Equity derivatives [Member]
Disclosure of detailed information about financial instruments [line items]
Notional amount	0	2,326
2-3 years [member] | Forward exchange contracts [member]
Disclosure of detailed information about financial instruments [line items]
Notional amount	0	0
2-3 years [member] | Foreign currency futures [Member]
Disclosure of detailed information about financial instruments [line items]
Notional amount	0	0
2-3 years [member] | Interest rate swap [member]
Disclosure of detailed information about financial instruments [line items]
Notional amount	0	1,000
2-3 years [member] | Cross currency interest rate swaps [Member]
Disclosure of detailed information about financial instruments [line items]
Notional amount	1,173	1,400
2-3 years [member] | Other interest rate derivatives [member]
Disclosure of detailed information about financial instruments [line items]
Notional amount	0	0
2-3 years [member] | Aluminum swaps [Member]
Disclosure of detailed information about financial instruments [line items]
Notional amount	0	0
2-3 years [member] | Other commodity derivatives [Member]
Disclosure of detailed information about financial instruments [line items]
Notional amount	0	0
2-3 years [member] | Equity derivatives [Member]
Disclosure of detailed information about financial instruments [line items]
Notional amount	0	0
3-5 years [member] | Forward exchange contracts [member]
Disclosure of detailed information about financial instruments [line items]
Notional amount	0	0
3-5 years [member] | Foreign currency futures [Member]
Disclosure of detailed information about financial instruments [line items]
Notional amount	0	0
3-5 years [member] | Interest rate swap [member]
Disclosure of detailed information about financial instruments [line items]
Notional amount	0	0
3-5 years [member] | Cross currency interest rate swaps [Member]
Disclosure of detailed information about financial instruments [line items]
Notional amount	1,573	1,866
3-5 years [member] | Other interest rate derivatives [member]
Disclosure of detailed information about financial instruments [line items]
Notional amount	0	0
3-5 years [member] | Aluminum swaps [Member]
Disclosure of detailed information about financial instruments [line items]
Notional amount	0	0
3-5 years [member] | Other commodity derivatives [Member]
Disclosure of detailed information about financial instruments [line items]
Notional amount	0	0
3-5 years [member] | Equity derivatives [Member]
Disclosure of detailed information about financial instruments [line items]
Notional amount	0	0
Greater than 5 years [member] | Forward exchange contracts [member]
Disclosure of detailed information about financial instruments [line items]
Notional amount	0	0
Greater than 5 years [member] | Foreign currency futures [Member]
Disclosure of detailed information about financial instruments [line items]
Notional amount	0	0
Greater than 5 years [member] | Interest rate swap [member]
Disclosure of detailed information about financial instruments [line items]
Notional amount	0	0
Greater than 5 years [member] | Cross currency interest rate swaps [Member]
Disclosure of detailed information about financial instruments [line items]
Notional amount	1,453	789
Greater than 5 years [member] | Other interest rate derivatives [member]
Disclosure of detailed information about financial instruments [line items]
Notional amount	0	0
Greater than 5 years [member] | Aluminum swaps [Member]
Disclosure of detailed information about financial instruments [line items]
Notional amount	0	0
Greater than 5 years [member] | Other commodity derivatives [Member]
Disclosure of detailed information about financial instruments [line items]
Notional amount	0	0
Greater than 5 years [member] | Equity derivatives [Member]
Disclosure of detailed information about financial instruments [line items]
Notional amount	$ 0	$ 0

Risks Arising from Financial _5

Risks Arising from Financial Instruments - Summary of Foreign Exchange Risk on Operating Activities (Detail) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Euro to Canadian Dollar [member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Total exposure	$ (6)	$ (9)
Total hedges	6	9
Euro to Mexican Peso [Member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Total exposure	(112)	(106)
Total hedges	111	102
Open position	(1)	(4)
Euro to Pound Sterling [Member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Total exposure	(124)	(203)
Total hedges	112	130
Open position	(12)	(73)
Euro to South African Rand [Member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Total exposure	(79)	(95)
Total hedges	75	65
Open position	(4)	(30)
Euro to South Korean Won [Member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Total exposure	(39)	(40)
Total hedges	36	38
Open position	(3)	(2)
Euro to US Dollar [Member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Total exposure	(123)	(354)
Total hedges	100	284
Open position	(23)	(70)
Mexican peso to Euro [member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Total exposure	(254)	(249)
Total hedges	231	146
Open position	(23)	(103)
Pound Sterling to Euro [member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Total exposure	(14)	(35)
Total hedges	22	36
Open position	8	1
US dollar to Argentinian peso [member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Total exposure	(661)	(602)
Total hedges	674	543
Open position	13	(59)
US Dollar to Bolivian Boliviano [member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Total exposure	(80)	(64)
Total hedges	75	56
Open position	(5)	(8)
US Dollar to Brazilian Real [Member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Total exposure	(1,846)	(1,573)
Total hedges	1,618	1,577
Open position	(228)	4
US Dollar to Canadian Dollar [Member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Total exposure	(304)	(302)
Total hedges	253	194
Open position	(51)	(108)
US Dollar to Chilean Peso [Member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Total exposure	(171)	(151)
Total hedges	162	129
Open position	(9)	(22)
US Dollar to Chinese Yuan [Member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Total exposure	(123)	(171)
Total hedges	116	201
Open position	(7)	30
US Dollar to Colombian Peso [Member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Total exposure	(476)	(359)
Total hedges	434	352
Open position	(42)	(7)
US Dollar to Euro [Member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Total exposure	(103)	(98)
Total hedges	96	96
Open position	(7)	(2)
US Dollar to Mexican Peso [Member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Total exposure	(1,236)	(1,032)
Total hedges	1,168	995
Open position	(68)	(37)
US Dollar to Paraguayan Guarani [Member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Total exposure	(153)	(132)
Total hedges	139	125
Open position	(14)	(7)
US Dollar to Peruvian Nuevo Sol [Member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Total exposure	(292)	(225)
Total hedges	278	168
Open position	(14)	(57)
US Dollar to South African Rand [member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Total exposure	(196)	(130)
Total hedges	148	116
Open position	(48)	(14)
US Dollar to South Korean Won [Member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Total exposure	(114)	(71)
Total hedges	79	70
Open position	(35)	(1)
US Dollar to Uruguayan Peso [Member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Total exposure	(42)	(40)
Total hedges	42	39
Open position		(1)
Other currency [member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Total exposure	(323)	(260)
Total hedges	207	131
Open position	$ (116)	$ (129)

Risks Arising from Financial _6

Risks Arising from Financial Instruments - Summary of Currency Transactional Risk (Detail)	12 Months Ended
	Dec. 31, 2021Brand	Dec. 31, 2020Brand
Euro to Mexican Peso [Member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Closing rate	23.31	24.48
Volatility of rates	9.75%	20.83%
Euro to Pound Sterling [Member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Closing rate	0.84	0.90
Volatility of rates	5.15%	9.09%
Euro to South Korean Won [Member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Closing rate	1,345.90	1,335.11
Volatility of rates	5.39%	8.74%
Euro to US Dollar [Member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Closing rate	1.13	1.23
Volatility of rates	5.58%	7.75%
Pound Sterling to US Dollar [member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Closing rate	1.35	1.36
Volatility of rates	6.36%	10.79%
US dollar to Argentinian peso [member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Closing rate	102.75	84.14
Volatility of rates	2.95%	11.40%
US dollar to Brazilian real [member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Closing rate	5.58	5.20
Volatility of rates	16.07%	20.51%
US dollar to Canadian dollar [member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Closing rate	1.27	1.27
Volatility of rates	6.54%	8.25%
US Dollar to Chinese Yuan [Member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Closing rate	6.35	6.54
Volatility of rates	4.55%	4.34%
US Dollar to Colombian Peso [Member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Closing rate	3,977.14	3,438.52
Volatility of rates	10.27%	15.41%
US Dollar to Euro [Member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Closing rate	0.88	0.81
Volatility of rates	5.58%	7.75%
US Dollar to Mexican Peso [Member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Closing rate	20.58	19.95
Volatility of rates	10.71%	18.83%
US Dollar to Nigerian Naira [Member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Closing rate	424.89	397.72
Volatility of rates	10.67%	13.20%
US Dollar to Peruvian Nuevo Sol [Member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Closing rate	3.98	3.62
Volatility of rates	9.53%	6.95%
US Dollar to South African Rand [member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Closing rate	15.95	14.69
Volatility of rates	13.82%	16.99%
US Dollar to South Korean Won [Member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Closing rate	1,188.32	1,088.02
Volatility of rates	8.08%	8.07%
US Dollar to Tanzanian Shilling [Member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Closing rate	2,305.28	2,321.74
Volatility of rates	2.98%	5.02%
US Dollar to Zambian Kwacha [Member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Closing rate	16.67	21.16
Volatility of rates	19.58%	12.89%
Bottom of range [member] | Euro to Mexican Peso [Member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Possible closing rate	21.04	19.38
Bottom of range [member] | Euro to Pound Sterling [Member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Possible closing rate	0.80	0.82
Bottom of range [member] | Euro to South Korean Won [Member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Possible closing rate	1,273.31	1,218.41
Bottom of range [member] | Euro to US Dollar [Member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Possible closing rate	1.07	1.13
Bottom of range [member] | Pound Sterling to US Dollar [member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Possible closing rate	1.26	1.22
Bottom of range [member] | US dollar to Argentinian peso [member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Possible closing rate	99.72	74.55
Bottom of range [member] | US dollar to Brazilian real [member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Possible closing rate	4.68	4.13
Bottom of range [member] | US dollar to Canadian dollar [member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Possible closing rate	1.19	1.17
Bottom of range [member] | US Dollar to Chinese Yuan [Member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Possible closing rate	6.06	6.25
Bottom of range [member] | US Dollar to Colombian Peso [Member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Possible closing rate	3,568.65	2,908.55
Bottom of range [member] | US Dollar to Euro [Member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Possible closing rate	0.83	0.75
Bottom of range [member] | US Dollar to Mexican Peso [Member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Possible closing rate	18.38	16.19
Bottom of range [member] | US Dollar to Nigerian Naira [Member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Possible closing rate	379.56	345.23
Bottom of range [member] | US Dollar to Peruvian Nuevo Sol [Member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Possible closing rate	3.60	3.37
Bottom of range [member] | US Dollar to South African Rand [member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Possible closing rate	13.74	12.19
Bottom of range [member] | US Dollar to South Korean Won [Member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Possible closing rate	1,092.29	1,000.21
Bottom of range [member] | US Dollar to Tanzanian Shilling [Member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Possible closing rate	2,236.69	2,205.30
Bottom of range [member] | US Dollar to Zambian Kwacha [Member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Possible closing rate	13.41	18.44
Top of range [member] | Euro to Mexican Peso [Member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Possible closing rate	25.59	29.58
Top of range [member] | Euro to Pound Sterling [Member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Possible closing rate	0.88	0.98
Top of range [member] | Euro to South Korean Won [Member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Possible closing rate	1,418.48	1,451.81
Top of range [member] | Euro to US Dollar [Member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Possible closing rate	1.20	1.32
Top of range [member] | Pound Sterling to US Dollar [member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Possible closing rate	1.43	1.51
Top of range [member] | US dollar to Argentinian peso [member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Possible closing rate	105.78	93.73
Top of range [member] | US dollar to Brazilian real [member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Possible closing rate	6.48	6.26
Top of range [member] | US dollar to Canadian dollar [member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Possible closing rate	1.35	1.38
Top of range [member] | US Dollar to Chinese Yuan [Member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Possible closing rate	6.64	6.82
Top of range [member] | US Dollar to Colombian Peso [Member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Possible closing rate	4,385.62	3,968.50
Top of range [member] | US Dollar to Euro [Member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Possible closing rate	0.93	0.88
Top of range [member] | US Dollar to Mexican Peso [Member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Possible closing rate	22.79	23.71
Top of range [member] | US Dollar to Nigerian Naira [Member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Possible closing rate	470.22	450.21
Top of range [member] | US Dollar to Peruvian Nuevo Sol [Member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Possible closing rate	4.35	3.87
Top of range [member] | US Dollar to South African Rand [member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Possible closing rate	18.15	17.18
Top of range [member] | US Dollar to South Korean Won [Member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Possible closing rate	1,284.36	1,175.84
Top of range [member] | US Dollar to Tanzanian Shilling [Member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Possible closing rate	2,373.88	2,438.18
Top of range [member] | US Dollar to Zambian Kwacha [Member]
Disclosure Of Foreign Currency Exchange Exposure [line items]
Possible closing rate	19.93	23.89

Risks Arising From Financial _7

Risks Arising From Financial Instruments - Additional Information (Detail)	1 Months Ended	12 Months Ended
	Sep. 30, 2013	Dec. 31, 2021USD ($)	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)
Disclosure of detailed information about financial instruments [line items]
Derivative position positive pre-tax impact on equity reserves		$ 604,000,000	$ 850,000,000	$ 548,000,000
Amount of exposure equivalent to shares hedged		$ 18,258,000,000	21,598,000,000
Description of methods to use sensitivity analysis is assessed		Sensitivity analysis is assessed based on the yearly volatility using daily observable market data during 250 days at 31 December 2021. Sensitivity analysis is assessed based on the yearly volatility using daily observable market data during 250 days at 31 December 2020.
Financial Liabilities		$ 116,790,000,000	126,178,000,000
Equity swaps [member]
Disclosure of detailed information about financial instruments [line items]
Financial Liabilities		5,412,000,000	5,353,000,000
Top of range [member]
Disclosure of detailed information about financial instruments [line items]
Currency transactional risk impact on consolidated profit before taxes		54,000,000	30,000,000	$ 22,000,000
Floating interest rate [member] | Nigeria [member]
Disclosure of detailed information about financial instruments [line items]
Borrowed amount		268,000,000
Ambev [member]
Disclosure of detailed information about financial instruments [line items]
Derivative and non-derivative financial instruments, net		589,000,000	671,000,000
Holding Company [Member]
Disclosure of detailed information about financial instruments [line items]
Derivative and non-derivative financial instruments, net		11,921,000,000	9,691,000,000
Observable Market Inputs - Level 3 [member]
Disclosure of detailed information about financial instruments [line items]
Financial Liabilities		$ 832,000,000	$ 1,251,000,000
CERVECERIA NACIONAL DOMINICANA S.A. [member]
Disclosure of detailed information about financial instruments [line items]
Percentage of shares hold by ELJ		15.00%
Call Options [member]
Disclosure of detailed information about financial instruments [line items]
Non derivative financial liability		$ 0
Equity price risk [member]
Disclosure of detailed information about financial instruments [line items]
Amount of exposure equivalent to shares hedged		100,500,000
Gain recognized in the profit or loss		$ (48,000,000)
Reasonable possible volatility rate		26.51%	53.87%	25.20%
Positive/negative impact on profit before tax		$ 1,604,000,000	$ 3,787,000,000	$ 2,066,000,000
Equity price risk [member] | Share-Based Compensation Plan [member]
Disclosure of detailed information about financial instruments [line items]
Gain recognized in the profit or loss		(23,000,000)
Interest Rate Risk [Member] | Floating interest rate [member]
Disclosure of detailed information about financial instruments [line items]
Carrying value of financial liabilities		$ 6,164,000,000
Proportion of company's financial liabilities		6.90%
Higher/lower interest expense		$ 8,000,000	3,000,000	16,000,000
Higher/lower interest income		44,000,000	58,000,000	$ 22,000,000
Interest Rate Risk [Member] | Before hedging [Member]
Disclosure of detailed information about financial instruments [line items]
Carrying value of financial liabilities		$ 53,000,000	5,000,000
Credit risk [member]
Disclosure of detailed information about financial instruments [line items]
Concentration of credit risks, description		There was no significant concentration of credit risks with any single counterparty as of 31 December 2021 and no single customer represented more than 10% of the total revenue of the group in 2021.
Credit risk [member] | Top of range [member]
Disclosure of detailed information about financial instruments [line items]
Percentage of revenue accounted by individual customer		10.00%
Deferred consideration on acquisitions [member] | Put Option [Member] | Observable Market Inputs - Level 3 [member]
Disclosure of detailed information about financial instruments [line items]
Non derivative financial liability		$ 589,000,000	$ 671,000,000
Fair value hedges [member] | Interest Rate Risk [Member] | US Dollar Fixed Rate Bond Hedges [Member]
Disclosure of detailed information about financial instruments [line items]
Issuance amount		1,000,000,000
Cash flow hedges [member] | Interest Rate Risk [Member] | Pound Sterling Bond Hedges [Member]
Disclosure of detailed information about financial instruments [line items]
Issuance amount	500,000,000
Interest rate percentage	4.00%
Appointment period	September 2013
Maturity period	September 2025
Grupo Modelo [member] | Equity price risk [member]
Disclosure of detailed information about financial instruments [line items]
Gain recognized in the profit or loss		$ (13,000,000)
SABMiller Group [member] | Equity price risk [member]
Disclosure of detailed information about financial instruments [line items]
Gain recognized in the profit or loss		$ (12,000,000)

Risks Arising from Financial _8

Risks Arising from Financial Instruments - Summary of Foreign Exchange Results Recognized on Unhedged and Hedged Exposures (Detail) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Net foreign exchange results [line items]
Net foreign exchange	$ (84)	$ 14	$ (180)
Economic Hedges [Member]
Net foreign exchange results [line items]
Net foreign exchange	717	(181)	6
Other Results - Not Hedged [Member]
Net foreign exchange results [line items]
Net foreign exchange	$ (801)	$ 195	$ (186)

Risks Arising from Financial _9

Risks Arising from Financial Instruments - Summary of Effective Interest Rates at Balance Sheet (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Disclosure of offsetting financial assets and liabilities [line items]
Hedging	$ (5,886)	$ (6,804)
Before hedging [Member] | Floating interest rate [member]
Disclosure of offsetting financial assets and liabilities [line items]
Hedging	2,310	3,962
Before hedging [Member] | Fixed interest rate [member]
Disclosure of offsetting financial assets and liabilities [line items]
Hedging	$ 86,520	$ 94,602
Before hedging [Member] | Australian Dollar [member] | Floating interest rate [member]
Disclosure of offsetting financial assets and liabilities [line items]
Hedging	1.03%	0.99%
Hedging	$ 218	$ 231
Before hedging [Member] | Australian Dollar [member] | Fixed interest rate [member]
Disclosure of offsetting financial assets and liabilities [line items]
Hedging	4.12%	3.91%
Hedging	$ 324	$ 846
Before hedging [Member] | Brazilian Real [member] | Floating interest rate [member]
Disclosure of offsetting financial assets and liabilities [line items]
Hedging		3.90%
Hedging		$ 164
Before hedging [Member] | Brazilian Real [member] | Fixed interest rate [member]
Disclosure of offsetting financial assets and liabilities [line items]
Hedging	7.21%	8.58%
Hedging	$ 420	$ 578
Before hedging [Member] | Canadian Dollar [member] | Fixed interest rate [member]
Disclosure of offsetting financial assets and liabilities [line items]
Hedging	4.11%	4.12%
Hedging	$ 626	$ 613
Before hedging [Member] | Euro [member] | Floating interest rate [member]
Disclosure of offsetting financial assets and liabilities [line items]
Hedging		0.15%
Hedging	$ 1,113	$ 2,690
Before hedging [Member] | Euro [member] | Fixed interest rate [member]
Disclosure of offsetting financial assets and liabilities [line items]
Hedging	2.27%	2.12%
Hedging	$ 21,654	$ 26,092
Before hedging [Member] | Pound Sterling [member] | Fixed interest rate [member]
Disclosure of offsetting financial assets and liabilities [line items]
Hedging	4.35%	4.30%
Hedging	$ 3,611	$ 3,655
Before hedging [Member] | South Korean Won [member] | Fixed interest rate [member]
Disclosure of offsetting financial assets and liabilities [line items]
Hedging	3.85%
Hedging	$ 32
Before hedging [Member] | US Dollar [member] | Floating interest rate [member]
Disclosure of offsetting financial assets and liabilities [line items]
Hedging	1.67%	1.05%
Hedging	$ 463	$ 617
Before hedging [Member] | US Dollar [member] | Fixed interest rate [member]
Disclosure of offsetting financial assets and liabilities [line items]
Hedging	4.93%	4.91%
Hedging	$ 59,399	$ 62,340
Before hedging [Member] | Other currency [member] | Floating interest rate [member]
Disclosure of offsetting financial assets and liabilities [line items]
Hedging	7.22%	7.30%
Hedging	$ 516	$ 260
Before hedging [Member] | Other currency [member] | Fixed interest rate [member]
Disclosure of offsetting financial assets and liabilities [line items]
Hedging	11.42%	11.96%
Hedging	$ 454	$ 479
After hedging [Member] | Floating interest rate [member]
Disclosure of offsetting financial assets and liabilities [line items]
Hedging	6,164	6,461
After hedging [Member] | Fixed interest rate [member]
Disclosure of offsetting financial assets and liabilities [line items]
Hedging	$ 82,666	$ 92,103
After hedging [Member] | Brazilian Real [member] | Floating interest rate [member]
Disclosure of offsetting financial assets and liabilities [line items]
Hedging		3.90%
Hedging		$ 164
After hedging [Member] | Brazilian Real [member] | Fixed interest rate [member]
Disclosure of offsetting financial assets and liabilities [line items]
Hedging	7.21%	8.58%
Hedging	$ 420	$ 578
After hedging [Member] | Canadian Dollar [member] | Floating interest rate [member]
Disclosure of offsetting financial assets and liabilities [line items]
Hedging	1.21%	1.23%
Hedging	$ 2,043	$ 1,895
After hedging [Member] | Canadian Dollar [member] | Fixed interest rate [member]
Disclosure of offsetting financial assets and liabilities [line items]
Hedging	4.29%	4.29%
Hedging	$ 3,158	$ 2,646
After hedging [Member] | Euro [member] | Floating interest rate [member]
Disclosure of offsetting financial assets and liabilities [line items]
Hedging		0.15%
Hedging	$ 1,113	$ 2,690
After hedging [Member] | Euro [member] | Fixed interest rate [member]
Disclosure of offsetting financial assets and liabilities [line items]
Hedging	2.11%	2.15%
Hedging	$ 27,553	$ 35,515
After hedging [Member] | Pound Sterling [member] | Floating interest rate [member]
Disclosure of offsetting financial assets and liabilities [line items]
Hedging	1.05%	1.10%
Hedging	$ 1,002	$ 937
After hedging [Member] | Pound Sterling [member] | Fixed interest rate [member]
Disclosure of offsetting financial assets and liabilities [line items]
Hedging	4.43%	4.36%
Hedging	$ 2,937	$ 2,973
After hedging [Member] | South Korean Won [member] | Floating interest rate [member]
Disclosure of offsetting financial assets and liabilities [line items]
Hedging	1.67%
Hedging	$ 502
After hedging [Member] | South Korean Won [member] | Fixed interest rate [member]
Disclosure of offsetting financial assets and liabilities [line items]
Hedging	0.87%	1.30%
Hedging	$ 1,695	$ 1,997
After hedging [Member] | US Dollar [member] | Floating interest rate [member]
Disclosure of offsetting financial assets and liabilities [line items]
Hedging		1.13%
Hedging		$ 201
After hedging [Member] | US Dollar [member] | Fixed interest rate [member]
Disclosure of offsetting financial assets and liabilities [line items]
Hedging	5.41%	5.30%
Hedging	$ 46,288	$ 47,892
After hedging [Member] | Other currency [member] | Floating interest rate [member]
Disclosure of offsetting financial assets and liabilities [line items]
Hedging	5.99%	7.90%
Hedging	$ 1,504	$ 573
After hedging [Member] | Other currency [member] | Fixed interest rate [member]
Disclosure of offsetting financial assets and liabilities [line items]
Hedging	8.80%	11.72%
Hedging	$ 615	$ 502

Risks Arising from Financial_10

Risks Arising from Financial Instruments - Summary of Floating Rate Debt after Hedging (Detail)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Brazilian Real [member]
Disclosure of detailed information about hedging instruments [line items]
Interest rate	8.88%	2.09%
Volatility rates in %	11.58%	16.77%
Euro [member]
Disclosure of detailed information about hedging instruments [line items]
Volatility rates in %	10.64%	16.83%
US Dollar [member]
Disclosure of detailed information about hedging instruments [line items]
Interest rate	0.21%	0.24%
Volatility rates in %	48.10%	58.30%
Bottom of range [member] | Brazilian Real [member]
Disclosure of detailed information about hedging instruments [line items]
Possible interest rate 2	7.85%	1.74%
Bottom of range [member] | US Dollar [member]
Disclosure of detailed information about hedging instruments [line items]
Possible interest rate 2	0.11%	0.10%
Top of range [member]
Disclosure of detailed information about hedging instruments [line items]
Interest rate	4.00%
Top of range [member] | Brazilian Real [member]
Disclosure of detailed information about hedging instruments [line items]
Possible interest rate 2	9.91%	2.44%
Top of range [member] | US Dollar [member]
Disclosure of detailed information about hedging instruments [line items]
Possible interest rate 2	0.31%	0.38%

Risks Arising from Financial_11

Risks Arising from Financial Instruments - Summary of Interest Expense Recognized on Unhedged and Hedged Financial Liabilities (Detail) - Interest Rate Risk [Member] - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclosure of detailed information about hedging instruments [line items]
Interest expense	$ (3,684)	$ (4,016)	$ (4,168)
Financial Liabilities at Amortised Cost, Class [Member] | Not Designated in Hedging Relationship [Member]
Disclosure of detailed information about hedging instruments [line items]
Interest expense	(3,836)	(4,154)	(4,264)
Fair value hedges [member] | Hedged Item [Member]
Disclosure of detailed information about hedging instruments [line items]
Interest expense	(6)	(1)	(46)
Cash flow hedges [member] | Hedged Item [Member]
Disclosure of detailed information about hedging instruments [line items]
Interest expense	17	19	15
Net investment hedges [member] | Hedging Instrument [Member]
Disclosure of detailed information about hedging instruments [line items]
Interest expense	0	2	2
Economic Hedges [Member] | Hedged Item [Member]
Disclosure of detailed information about hedging instruments [line items]
Interest expense	$ 141	$ 118	$ 124

Risks arising from Financial_12

Risks arising from Financial instruments - Schedule of Commodity Derivatives Outstanding (Detail) - Commodity price risk [member] - Commodity derivatives [member] - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Disclosure of risk management strategy related to hedge accounting [line items]
Commodity derivatives outstanding	$ 2,274	$ 1,828
Aluminum swap [member]
Disclosure of risk management strategy related to hedge accounting [line items]
Commodity derivatives outstanding	1,241	1,184
Exchange traded sugar futures [member]
Disclosure of risk management strategy related to hedge accounting [line items]
Commodity derivatives outstanding	85	74
Natural gas and energy derivatives [member]
Disclosure of risk management strategy related to hedge accounting [line items]
Commodity derivatives outstanding	350	202
Corn swaps [member]
Disclosure of risk management strategy related to hedge accounting [line items]
Commodity derivatives outstanding	292	160
Exchange traded wheat futures [member]
Disclosure of risk management strategy related to hedge accounting [line items]
Commodity derivatives outstanding	129	83
Rice swaps [member]
Disclosure of risk management strategy related to hedge accounting [line items]
Commodity derivatives outstanding	85	76
Plastic derivatives [member]
Disclosure of risk management strategy related to hedge accounting [line items]
Commodity derivatives outstanding	$ 93	$ 50

Risks Arising from Financial_13

Risks Arising from Financial Instruments - Summary of Estimated Impact on Changes in the Price of Commodities (Detail) - Commodity price risk [member] - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Aluminum swap [member]
Disclosure of sensitivity analysis for each type of commodity price risk [line items]
Volatility of prices	23.09%	14.96%
Pre-tax impact on equity Price Increases	$ 287	$ 177
Prices decrease	$ (287)	$ (177)
Exchange traded sugar futures [member]
Disclosure of sensitivity analysis for each type of commodity price risk [line items]
Volatility of prices	26.39%	31.48%
Pre-tax impact on equity Price Increases	$ 22	$ 23
Prices decrease	$ (22)	$ (23)
Exchange traded wheat futures [member]
Disclosure of sensitivity analysis for each type of commodity price risk [line items]
Volatility of prices	29.24%	25.30%
Pre-tax impact on equity Price Increases	$ 38	$ 21
Prices decrease	$ (38)	$ (21)
Natural gas and energy derivatives [member]
Disclosure of sensitivity analysis for each type of commodity price risk [line items]
Volatility of prices	25.88%	47.08%
Pre-tax impact on equity Price Increases	$ 91	$ 95
Prices decrease	$ (91)	$ (95)
Rice swaps [member]
Disclosure of sensitivity analysis for each type of commodity price risk [line items]
Volatility of prices	15.96%	46.17%
Pre-tax impact on equity Price Increases	$ 14	$ 35
Prices decrease	$ (14)	$ (35)
Corn swaps [member]
Disclosure of sensitivity analysis for each type of commodity price risk [line items]
Volatility of prices	23.26%	32.84%
Pre-tax impact on equity Price Increases	$ 68	$ 52
Prices decrease	$ (68)	$ (52)
Plastic derivatives [member]
Disclosure of sensitivity analysis for each type of commodity price risk [line items]
Volatility of prices	28.68%	26.74%
Pre-tax impact on equity Price Increases	$ 27	$ 13
Prices decrease	$ (27)	$ (13)

Risks Arising from Financial_14

Risks Arising from Financial Instruments - Summary of Carrying Amount of Financial Assets (Detail) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Disclosure of credit risk exposure [line items]
Gross	$ 18,258	$ 21,598
Debt Securities [Member]
Disclosure of credit risk exposure [line items]
Gross	396	418
Trade receivables [member]
Disclosure of credit risk exposure [line items]
Gross	3,465	3,285
Cash Deposits for Guarantees [Member]
Disclosure of credit risk exposure [line items]
Gross	168	184
Loans to customers [member]
Disclosure of credit risk exposure [line items]
Gross	117	142
Other receivables [member]
Disclosure of credit risk exposure [line items]
Gross	1,207	1,237
Derivatives [member]
Disclosure of credit risk exposure [line items]
Gross	669	965
Cash and Cash Equivalent [Member]
Disclosure of credit risk exposure [line items]
Gross	12,097	15,252
Equity instruments [member]
Disclosure of credit risk exposure [line items]
Gross	139	115
Gross carrying amount [member]
Disclosure of credit risk exposure [line items]
Gross	18,660	21,974
Gross carrying amount [member] | Debt Securities [Member]
Disclosure of credit risk exposure [line items]
Gross	396	418
Gross carrying amount [member] | Trade receivables [member]
Disclosure of credit risk exposure [line items]
Gross	3,796	3,593
Gross carrying amount [member] | Cash Deposits for Guarantees [Member]
Disclosure of credit risk exposure [line items]
Gross	168	184
Gross carrying amount [member] | Loans to customers [member]
Disclosure of credit risk exposure [line items]
Gross	117	142
Gross carrying amount [member] | Other receivables [member]
Disclosure of credit risk exposure [line items]
Gross	1,272	1,299
Gross carrying amount [member] | Derivatives [member]
Disclosure of credit risk exposure [line items]
Gross	669	965
Gross carrying amount [member] | Cash and Cash Equivalent [Member]
Disclosure of credit risk exposure [line items]
Gross	12,097	15,252
Gross carrying amount [member] | Equity instruments [member]
Disclosure of credit risk exposure [line items]
Gross	145	121
Impairment losses [member]
Disclosure of credit risk exposure [line items]
Gross	(402)	(376)
Impairment losses [member] | Trade receivables [member]
Disclosure of credit risk exposure [line items]
Gross	(331)	(308)
Impairment losses [member] | Other receivables [member]
Disclosure of credit risk exposure [line items]
Gross	(65)	(62)
Impairment losses [member] | Equity instruments [member]
Disclosure of credit risk exposure [line items]
Gross	$ (6)	$ (6)

Risks Arising from Financial_15

Risks Arising from Financial Instruments - Summary of Allowance for Impairment (Detail) - Impairment losses [member] - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclosure of impairment loss and reversal of impairment loss [line items]
Beginning balance	$ (376)	$ (283)	$ (273)
Impairment losses	(37)	(99)	(81)
Derecognition	30	49	57
Currency translation and other	(19)	(46)	14
Ending balance	(402)	(376)	(283)
Trade receivables [member]
Disclosure of impairment loss and reversal of impairment loss [line items]
Beginning balance	(308)	(173)	(160)
Impairment losses	(34)	(93)	(51)
Derecognition	29	7	26
Currency translation and other	(18)	(50)	12
Ending balance	(331)	(308)	(173)
FVOCI
Disclosure of impairment loss and reversal of impairment loss [line items]
Beginning balance	(6)	(6)	(6)
Ending balance	(6)	(6)	(6)
Other receivables [member]
Disclosure of impairment loss and reversal of impairment loss [line items]
Beginning balance	(62)	(103)	(106)
Impairment losses	(3)	(6)	(30)
Derecognition	1	42	31
Currency translation and other	(1)	4	2
Ending balance	$ (65)	$ (62)	$ (103)

Risks Arising from Financial_16

Risks Arising from Financial Instruments - Summary of Nominal Contractual Maturities of Non-Derivative Financial Liabilities (Detail) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Non-derivative financial liabilities
Bank overdraft	$ (53)	$ (5)
1-2 years [member]
Derivative financial assets/(liabilities)
Equity derivatives		(917)
Net carrying amount [member]
Non-derivative financial liabilities
Secured bank loans	(628)	(702)
Commercial papers		(1,522)
Unsecured bank loans	(106)	(294)
Unsecured bond issues	(85,726)	(93,725)
Unsecured other loans	(40)	(83)
Finance lease liabilities	(2,277)	(2,234)
Bank overdraft	(53)	(5)
Trade and other payables	(26,442)	(24,496)
Non-derivative financial liabilities	(115,272)	(123,061)
Derivative financial assets/(liabilities)
Foreign exchange derivatives	(166)	(696)
Cross currency interest rate swaps	(273)	(709)
Commodity derivatives	(34)	(26)
Equity derivatives	(5,412)	(5,373)
Derivative financial assets/(liabilities)	(5,885)	(6,803)
Of which: related to cash flow hedges	(203)	(418)
Contractual cash flows [member]
Non-derivative financial liabilities
Secured bank loans	(636)	(735)
Commercial papers		(1,522)
Unsecured bank loans	(106)	(299)
Unsecured bond issues	(152,064)	(165,812)
Unsecured other loans	(84)	(115)
Finance lease liabilities	(2,429)	(2,455)
Bank overdraft	(53)	(5)
Trade and other payables	(26,643)	(24,688)
Non-derivative financial liabilities	(182,015)	(195,631)
Derivative financial assets/(liabilities)
Foreign exchange derivatives	(166)	(696)
Cross currency interest rate swaps	(293)	(852)
Commodity derivatives	(34)	(26)
Equity derivatives	(5,420)	(5,372)
Derivative financial assets/(liabilities)	(5,913)	(6,946)
Of which: related to cash flow hedges	(203)	(418)
Contractual cash flows [member] | Less than 1 year [member]
Non-derivative financial liabilities
Secured bank loans	(551)	(675)
Commercial papers		(1,522)
Unsecured bank loans	(106)	(299)
Unsecured bond issues	(3,479)	(3,582)
Unsecured other loans	(11)	(13)
Finance lease liabilities	(497)	(460)
Bank overdraft	(53)	(5)
Trade and other payables	(25,424)	(22,906)
Non-derivative financial liabilities	(30,121)	(29,462)
Derivative financial assets/(liabilities)
Foreign exchange derivatives	(166)	(696)
Cross currency interest rate swaps	(147)	(8)
Commodity derivatives	(34)	(26)
Equity derivatives	(5,420)	(4,455)
Derivative financial assets/(liabilities)	(5,767)	(5,184)
Of which: related to cash flow hedges	(170)	(353)
Contractual cash flows [member] | 1-2 years [member]
Non-derivative financial liabilities
Secured bank loans	(53)	(14)
Unsecured bank loans		0
Unsecured bond issues	(3,596)	(4,057)
Unsecured other loans	(48)	(8)
Finance lease liabilities	(470)	(425)
Trade and other payables	(314)	(1,103)
Non-derivative financial liabilities	(4,481)	(5,607)
Derivative financial assets/(liabilities)
Cross currency interest rate swaps	(35)	(575)
Equity derivatives	0
Derivative financial assets/(liabilities)	(35)	(1,492)
Of which: related to cash flow hedges		0
Contractual cash flows [member] | 2-3 years [member]
Non-derivative financial liabilities
Secured bank loans	(5)	(12)
Unsecured bank loans		0
Unsecured bond issues	(6,192)	(3,823)
Unsecured other loans	(5)	(6)
Finance lease liabilities	(337)	(315)
Trade and other payables	(507)	(135)
Non-derivative financial liabilities	(7,046)	(4,291)
Derivative financial assets/(liabilities)
Cross currency interest rate swaps	(32)	(98)
Derivative financial assets/(liabilities)	(32)	(98)
Of which: related to cash flow hedges		0
Contractual cash flows [member] | 3-5 years [member]
Non-derivative financial liabilities
Secured bank loans	(9)	(10)
Unsecured bond issues	(13,800)	(16,557)
Unsecured other loans	(4)	(57)
Finance lease liabilities	(450)	(424)
Trade and other payables	(96)	(197)
Non-derivative financial liabilities	(14,359)	(17,245)
Derivative financial assets/(liabilities)
Cross currency interest rate swaps	(56)	(132)
Derivative financial assets/(liabilities)	(56)	(132)
Of which: related to cash flow hedges	(29)	(65)
Contractual cash flows [member] | Greater than 5 years [member]
Non-derivative financial liabilities
Secured bank loans	(18)	(24)
Unsecured bond issues	(124,997)	(137,793)
Unsecured other loans	(16)	(31)
Finance lease liabilities	(675)	(831)
Trade and other payables	(302)	(347)
Non-derivative financial liabilities	(126,008)	(139,026)
Derivative financial assets/(liabilities)
Cross currency interest rate swaps	(23)	(39)
Derivative financial assets/(liabilities)	(23)	$ (39)
Of which: related to cash flow hedges	$ (4)

Risks Arising from Financial_17

Risks Arising from Financial Instruments - Summary for Each Type of Derivative Fair Value Recognized as Assets and Liabilities (Detail) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Disclosure of detailed information about financial instruments [line items]
Assets	$ 669	$ 965
Liabilities	(5,886)	(6,804)
Net	(5,216)	(5,839)
Non-current, Assets	48	138
Non-current, Liabilities	(100)	(1,759)
Non-current, Net	(52)	(1,621)
Derivatives	621	827
Derivatives	(5,786)	(5,046)
Current derivative financial assets liabilities, net, Total	(5,164)	(4,218)
Forward exchange contracts [member]
Disclosure of detailed information about financial instruments [line items]
Assets	238	480
Liabilities	(129)	(691)
Net	109	(211)
Foreign currency futures [member]
Disclosure of detailed information about financial instruments [line items]
Assets	0	36
Liabilities	(37)	(5)
Net	(37)	31
Interest rate swap [member]
Disclosure of detailed information about financial instruments [line items]
Assets	38	80
Liabilities		0
Net	38	80
Cross currency interest rate swap [member]
Disclosure of detailed information about financial instruments [line items]
Assets	111	107
Liabilities	(273)	(709)
Net	(162)	(602)
Aluminum swaps [member]
Disclosure of detailed information about financial instruments [line items]
Assets	178	170
Liabilities	(20)	(10)
Net	158	160
Sugar futures commodity contract [member]
Disclosure of detailed information about financial instruments [line items]
Assets	13	10
Liabilities		0
Net	13	10
Other commodity contracts [member]
Disclosure of detailed information about financial instruments [line items]
Assets	62	46
Liabilities	(13)	(8)
Net	50	37
Equity derivatives [member]
Disclosure of detailed information about financial instruments [line items]
Assets	0	27
Liabilities	(5,412)	(5,373)
Net	(5,412)	(5,346)
Energy futures commodity contract [member]
Disclosure of detailed information about financial instruments [line items]
Assets	29	9
Liabilities	(2)	(7)
Net	$ 27	$ 2

Risks Arising from Financial_18

Risks Arising from Financial Instruments - Summary of Carrying Amount of Fixed Rate Interest-Bearing Financial Liabilities and Fair Value (Detail) - Fixed interest rate [member] - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Disclosure of interest bearing financial instruments [line items]
Carrying amount	$ (86,520)	$ (94,602)
Fair value	(104,836)	(118,536)
Australian Dollar [member]
Disclosure of interest bearing financial instruments [line items]
Carrying amount	(324)	(846)
Fair value	(366)	(964)
Brazilian Real [member]
Disclosure of interest bearing financial instruments [line items]
Carrying amount	(420)	(578)
Fair value	(419)	(578)
Canadian Dollar [member]
Disclosure of interest bearing financial instruments [line items]
Carrying amount	(626)	(613)
Fair value	(605)	(633)
Euro [member]
Disclosure of interest bearing financial instruments [line items]
Carrying amount	(21,654)	(26,092)
Fair value	(23,801)	(29,809)
Pound Sterling [member]
Disclosure of interest bearing financial instruments [line items]
Carrying amount	(3,611)	(3,655)
Fair value	(3,913)	(4,301)
US Dollar [member]
Disclosure of interest bearing financial instruments [line items]
Carrying amount	(59,399)	(62,340)
Fair value	(75,261)	(81,771)
Other currency [member]
Disclosure of interest bearing financial instruments [line items]
Carrying amount	(486)	(479)
Fair value	$ (471)	$ (480)

Risks Arising from Financial_19

Risks Arising from Financial Instruments - Analysis of Financial Instruments (Detail) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Disclosure of detailed information about financial instruments [line items]
Financial Assets	$ 5,811	$ 5,991
Financial Liabilities	116,790	126,178
Quoted (unadjusted) prices- level 1 [member]
Disclosure of detailed information about financial instruments [line items]
Financial Assets	58	29
Financial Liabilities	52	46
Quoted (unadjusted) prices- level 1 [member] | Derivative liabilities [member] | Cash flow hedges [member]
Disclosure of detailed information about financial instruments [line items]
Financial Liabilities	52	46
Quoted (unadjusted) prices- level 1 [member] | Derivatives [member] | Cash flow hedges [member]
Disclosure of detailed information about financial instruments [line items]
Financial Assets	58	29
Observable market inputs - level 2 [member]
Disclosure of detailed information about financial instruments [line items]
Financial Assets	620	948
Financial Liabilities	5,834	6,759
Observable market inputs - level 2 [member] | Derivative liabilities [member]
Disclosure of detailed information about financial instruments [line items]
Financial Liabilities	5,611	6,119
Observable market inputs - level 2 [member] | Derivative liabilities [member] | Cash flow hedges [member]
Disclosure of detailed information about financial instruments [line items]
Financial Liabilities	141	353
Observable market inputs - level 2 [member] | Derivative liabilities [member] | Net investment hedges [member]
Disclosure of detailed information about financial instruments [line items]
Financial Liabilities	82	287
Observable market inputs - level 2 [member] | Non derivative financial assets [member] | Held-to-maturity investments, category [member]
Disclosure of detailed information about financial instruments [line items]
Financial Assets	9	11
Observable market inputs - level 2 [member] | Derivatives [member] | Financial assets at fair value through profit or loss, category [member]
Disclosure of detailed information about financial instruments [line items]
Financial Assets	155	457
Observable market inputs - level 2 [member] | Derivatives [member] | Cash flow hedges [member]
Disclosure of detailed information about financial instruments [line items]
Financial Assets	352	343
Observable market inputs - level 2 [member] | Derivatives [member] | Fair value hedges [member]
Disclosure of detailed information about financial instruments [line items]
Financial Assets	17	80
Observable market inputs - level 2 [member] | Derivatives [member] | Net investment hedges [member]
Disclosure of detailed information about financial instruments [line items]
Financial Assets	87	57
Observable Market Inputs - Level 3 [member]
Disclosure of detailed information about financial instruments [line items]
Financial Liabilities	832	1,251
Observable Market Inputs - Level 3 [member] | Derivative liabilities [member] | Deferred consideration on acquisitions [member]
Disclosure of detailed information about financial instruments [line items]
Financial Liabilities	$ 832	$ 1,251

Risks arising from Financial_20

Risks arising from Financial instruments - Summary of Hedging Reserve and Hedging Instruments (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Disclosure of detailed information about hedging instruments [line items]
As per 1 January	$ 376	$ 397
Change in fair value of hedging instrument recognized in OCI	888	384
Reclassified to profit or loss / cost of inventory	(783)	(404)
As per 31 December	481	376
Foreign currency futures [member]
Disclosure of detailed information about hedging instruments [line items]
As per 1 January	20	174
Change in fair value of hedging instrument recognized in OCI	766	353
Reclassified to profit or loss / cost of inventory	(107)	(507)
As per 31 December	679	20
Commodity Contracts [member]
Disclosure of detailed information about hedging instruments [line items]
As per 1 January	274	117
Change in fair value of hedging instrument recognized in OCI	123	31
Reclassified to profit or loss / cost of inventory	(703)	126
As per 31 December	(306)	274
Other hedging instrument [member]
Disclosure of detailed information about hedging instruments [line items]
As per 1 January	84	107
Reclassified to profit or loss / cost of inventory	27	(23)
As per 31 December	$ 111	$ 84

Risks Arising from Financial_21

Risks Arising from Financial Instruments - Summary of Offsetting Financial Assets and Liabilities (Detail) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Derivatives [member]
Disclosure of detailed information about financial instruments [line items]
Gross amount	$ 670	$ 965
Net amount recognized in the statement of financial position	670	965
Other offsetting agreements	(651)	(954)
Total net amount	19	11
Derivative liabilities [member]
Disclosure of detailed information about financial instruments [line items]
Gross amount	(5,886)	(6,804)
Net amount recognized in the statement of financial position	(5,886)	(6,804)
Other offsetting agreements	651	954
Total net amount	$ (5,235)	$ (5,851)

Collateral and Contractual Co_3

Collateral and Contractual Commitments for the Acquisition of Property, Plant and Equipment, Loans to Customers and Other - Summary of Collateral and Contractual Commitments for Acquisition of Property, Plant And Equipment, Loans to Customers and Other (Detail) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Collateral and contractual commitments [abstract]
Collateral given for own liabilities	$ 310	$ 391
Contractual commitments to purchase property, plant and equipment	449	528
Contractual commitments to acquire loans to associates/customers	142	150
Other commitments	$ 1,943	$ 1,953

Collateral and Contractual Co_4

Collateral and Contractual Commitments for the Acquisition of Property, Plant and Equipment, Loans to Customers and Other - Additional Information (Detail) - USD ($) shares in Millions, $ in Millions	1 Months Ended	12 Months Ended
	Jan. 31, 2018	Dec. 31, 2021	Dec. 31, 2020
Disclosure of collateral and contractual commitments [line items]
Collateral given for own liabilities		$ 310	$ 391
Cash guarantees for liabilities		391	184
Property collateral given for remaining own liabilities		142	207
Commitments to purchase property plant and equipment		449	528
Contractual commitments to acquire loans to customers		142	150
Other commitments		$ 1,943	1,953
Stock lending arrangements shares		30
Loaned securities		$ 30
CERVECERIA NACIONAL DOMINICANA S.A. [member] | Ambev [member]
Disclosure of collateral and contractual commitments [line items]
Ownership interest	55.00%	85.00%
Put option		$ 600	$ 700

Contingencies - Summary of Ab I

Contingencies - Summary of Ab Inbev's Material Tax Proceedings Related to Ambev and Its Subsidiaries (Detail) - Ambev [member] - Legal proceedings contingent liability [member] - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Disclosure of detailed information about material tax [line items]
Income tax and social contribution	$ 9,723	$ 10,372
Value-added and excise taxes	4,285	4,483
Other taxes	663	727
Material tax net	$ 14,671	$ 15,582

Contingencies - Additional Info

Contingencies - Additional Information (Detail) € in Millions, R$ in Millions, $ in Millions, $ in Billions	12 Months Ended
	Dec. 31, 2021USD ($)shares	Dec. 31, 2021BRL (R$)shares	Dec. 31, 2021AUD ($)shares	Dec. 31, 2021EUR (€)shares	Dec. 31, 2020USD ($)shares	Dec. 31, 2019USD ($)shares	Jan. 24, 2019USD ($)	Jan. 24, 2019EUR (€)
Disclosure of detailed information about material tax [line items]
Exposure to credit risk	$ 18,258				$ 21,598
Provisions recorded	$ 605				$ 763	$ 911
Number of shares issued | shares	1,972,000,000	1,972,000,000	1,972,000,000	1,972,000,000	1,959,000,000	1,957,000,000
Disallowance Of Tax Paid Abroad [Member]
Disclosure of detailed information about material tax [line items]
Estimate of possible loss	$ 2,000	R$ 11300
Deductibility Of IOC Expenses [Member]
Disclosure of detailed information about material tax [line items]
Estimate of possible loss	1,900	10,500
Grupo Modelo Tax Matters [Member]
Disclosure of detailed information about material tax [line items]
Estimate of possible loss			$ 0.4
Interest Deduction On SAB Acquistions [Member]
Disclosure of detailed information about material tax [line items]
Tax assessment amount	300
Provisions recorded	100
Income taxes paid (refund), classified as financing activities	47
Ambev [member]
Disclosure of detailed information about material tax [line items]
Estimate of possible loss	$ 900	R$ 4900
Ambev [member] | Legal proceedings contingent liability [member]
Disclosure of detailed information about material tax [line items]
Number of shares issued | shares	172,831,574	172,831,574	172,831,574	172,831,574
Percentage of shares issued diluted	1.00%
Arosuco [member] | Disallowance Of Tax Paid Abroad [Member]
Disclosure of detailed information about material tax [line items]
Estimate of possible loss	$ 400	R$ 2100
Tax Assessment During 2005 [member] | Foreign subsidiaries [member] | In Bev Holding Brasil SA [member]
Disclosure of detailed information about material tax [line items]
Exposure to credit risk	1,300	7,500
Tax Assessment During 2005 [member] | Ambev [member] | In Bev Holding Brasil SA [member]
Disclosure of detailed information about material tax [line items]
Provisions recorded	10	54
Tax Assessment During 2005 [member] | Ambev [member] | Foreign subsidiaries [member] | In Bev Holding Brasil SA [member]
Disclosure of detailed information about material tax [line items]
Estimate of possible loss	900	5,000
Tax Assessment in December 2011 [member] | Ambev [member] | In Bev Holding Brasil SA [member]
Disclosure of detailed information about material tax [line items]
Estimate of possible loss	1,900	10,400
Tax Assessment in December 2011 [member] | Ambev [member] | In Bev Holding Brasil SA [member]
Disclosure of detailed information about material tax [line items]
Estimate of possible loss	200	1,000
Tax Assessment in December 2011 [member] | Ambev [member] | CERVECERIA NACIONAL DOMINICANA S.A. [member]
Disclosure of detailed information about material tax [line items]
Estimate of possible loss	200	900
Tax assessment in October 2013 [member] | Ambev [member] | Beverage Associates Holding Limited [member]
Disclosure of detailed information about material tax [line items]
Estimate of possible loss	400	2,300
Tax Assessment in 2014 and 2015 [member] | Ambev [member] | IPI excise tax [member]
Disclosure of detailed information about material tax [line items]
Estimate of possible loss	300	1,600
Tax Assessment in December 2015 [member] | Ambev [member] | Integration program social security financing levy [member]
Disclosure of detailed information about material tax [line items]
Estimate of possible loss	300	1,800
Rio de Janeiro [member] | Arosuco [member]
Disclosure of detailed information about material tax [line items]
Estimate of possible loss	100	500
Minas Gerais [member] | Ambev [member]
Disclosure of detailed information about material tax [line items]
Estimate of possible loss	1,500	8,400
State Of Pernambuco [member] | Ambev [member]
Disclosure of detailed information about material tax [line items]
Estimate of possible loss	400	R$ 2000
Blocked account [member]
Disclosure of detailed information about material tax [line items]
Provisions recorded	$ 77			€ 68
Deposits							$ 77	€ 68

Non-Controlling Interests - Add

Non-Controlling Interests - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Disclosure of noncontrolling interests [line items]
Dividends paid to non-controlling interests	$ 67	$ 59
Apollo Global Management Inc [Member]
Disclosure of noncontrolling interests [line items]
Percentage of minority interest sold		49.90%
Proceeds from sales of investments accounted for using equity method		$ 3,000
Ambev [member]
Disclosure of noncontrolling interests [line items]
Proportion of ownership interests in subsidiary	61.79%
Dividends paid to non-controlling interests	$ 800	$ 700
Budweiser APAC [Member]
Disclosure of noncontrolling interests [line items]
Proportion of ownership interests in subsidiary	87.22%

Non-Controlling Interests - Sum

Non-Controlling Interests - Summary of Financial Information of Material Non-controlling Interest (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Summarized balance sheet information
Current assets	$ 23,949	$ 26,519
Non-current assets	193,678	199,891
Current liabilities	34,184	32,352
Non-current liabilities	104,104	115,707
Equity attributable to equity holders	68,669	68,024
Non-controlling interests	10,671	10,327
Summarized income statement and comprehensive income information
Revenue	54,304	46,881	$ 52,329
Net income	6,114	2,202	10,414
Attributable to:
Equity holders	4,670	1,405	9,171
Non-controlling interests	1,444	797	1,243
Net income	6,114	2,202	10,414
Other comprehensive income	(3,881)	(10,104)	498
Total comprehensive income/(loss)	2,233	(7,901)	10,912
Attributable to:
Equity holders	934	(8,156)	10,044
Non-controlling interests	1,299	255	867
Summarized cash flow information
Cash flow from operating activities	14,799	10,891	14,036	[1]
Cash flow from investing activities	(5,878)	6,336	(4,931)	[1]
Cash flow from financing activities	(11,598)	(8,475)	(8,755)	[1]
Ambev [member]
Summarized balance sheet information
Current assets	6,922	6,801
Non-current assets	17,915	17,291
Current liabilities	6,965	6,442
Non-current liabilities	2,817	3,188
Equity attributable to equity holders	14,809	14,204
Non-controlling interests	246	257
Summarized income statement and comprehensive income information
Revenue	13,570	11,373	13,196	[2]
Net income	2,444	2,286	3,093	[2]
Attributable to:
Equity holders	2,360	2,217	2,989	[2]
Non-controlling interests	84	69	104	[2]
Net income	2,444	2,286	3,093	[2]
Other comprehensive income	629	1,467	(193)	[2]
Total comprehensive income/(loss)	3,074	3,753	2,900	[2]
Attributable to:
Equity holders	2,970	3,647	2,801	[2]
Non-controlling interests	104	106	99	[2]
Summarized cash flow information
Cash flow from operating activities	4,266	3,673	4,664	[2]
Cash flow from investing activities	(1,441)	(1,325)	(1,228)	[2]
Cash flow from financing activities	(2,988)	(1,676)	(3,117)	[2]
Net increase/(decrease) in cash and cash equivalents	(163)	673	319	[2]
Budweiser APAC [Member]
Summarized balance sheet information
Current assets	3,161	2,332
Non-current assets	13,464	13,857
Current liabilities	4,691	4,637
Non-current liabilities	851	809
Equity attributable to equity holders	11,013	10,685
Non-controlling interests	70	58
Summarized income statement and comprehensive income information
Revenue	6,788	5,588	6,546	[3]
Net income	981	537	908	[3]
Attributable to:
Equity holders	950	514	898	[3]
Non-controlling interests	31	23	10	[3]
Net income	981	537	908	[3]
Other comprehensive income	(289)	635	(229)	[3]
Total comprehensive income/(loss)	692	1,172	679	[3]
Attributable to:
Equity holders	660	1,147	665	[3]
Non-controlling interests	32	25	14	[3]
Summarized cash flow information
Cash flow from operating activities	1,903	1,301	1,379	[3]
Cash flow from investing activities	(731)	(572)	(743)	[3]
Cash flow from financing activities	(464)	(432)	(1,349)	[3]
Net increase/(decrease) in cash and cash equivalents	$ 708	$ 297	$ (713)	[3]
[1]	The consolidated statement of cash flows for 2019 has been restated to include operating, investing and financing activities from discontinued operations separately in the cashflow statement. In addition, the 2019 cash flow from investing activities has been restated to reflect reclassification of the cash flow hedges in relation to the Australia divestiture reported in the financing activities in 2019 and recycled to profit or loss upon the completion of the transaction.
[2]	In 2020, Ambev concluded the calculation of its tax credits on a judicial decision related to the exclusion of the Value-Added Tax (ICMS) from the taxable basis of the social contribution on gross revenues (PIS and COFINS). As a result of this judicial decision and other tax credit adjustments, in 2020, Ambev reclassified the tax credits previously reported in revenue to other operating income, and as such, restated its 2019 comparatives as required by IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors.
[3]	In 2020, Budweiser APAC reclassified the “Proceeds from cash pooling loans from AB InBev” from investing to financing activities in the summarized cash flow information. The presentation of the comparative amount has been restated to conform to the current year presentation.

Related Parties - Summary of Di

Related Parties - Summary of Directors and Executive Board Management Compensation (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Directors [member]
Disclosure of transactions between related parties [line items]
Short-term employee benefits	$ 2	$ 2	$ 2
Share-based payment
Total Compensation	2	2	2
Executive Committee [member]
Disclosure of transactions between related parties [line items]
Short-term employee benefits	24	4	9
Termination benefits	0	2	1
Share-based payment	33	7	25
Total Compensation	$ 57	$ 13	$ 35

Related Parties - Additional In

Related Parties - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Information technology and infrastructure services [member]
Disclosure of transactions between related parties [line items]
Amount received on services rendered	$ 1	$ 1	$ 2
BAVARIA S.A. [member]
Disclosure of transactions between related parties [line items]
Outstanding balance payable	19	13	11
Other income	$ 3	3
Grupo Modelo and Subsidiaries [member]
Disclosure of transactions between related parties [line items]
Name of acquiree	Grupo Modelo and its subsidiaries
United States defined benefit plans [member]
Disclosure of transactions between related parties [line items]
Other income	$ 12	$ 12	$ 12

Related Parties - Summary of Ag

Related Parties - Summary of Aggregate Amounts of AB InBev's Interest (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclosure of joint ventures [line items]
Non-current assets	$ 193,678	$ 199,891
Current assets	23,949	26,519
Non-current liabilities	104,104	115,707
Current liabilities	34,184	32,352
Result from operations	13,824	9,620	$ 16,098
Profit attributable to equity holders of AB InBev	4,670	1,405	9,171
Jointly controlled entities [member]
Disclosure of joint ventures [line items]
Non-current assets	8	8	10
Current assets	2	2	3
Non-current liabilities	9	9	11
Current liabilities	2	12	10
Result from operations	(3)	3	3
Profit attributable to equity holders of AB InBev	$ (2)	$ 3	$ 3

Related Parties - Summary of AB

Related Parties - Summary of AB InBev's Transactions with Associates (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclosure of associates [line items]
Gross profit	$ 31,207	$ 27,247	$ 31,967
Current assets	23,949	26,519
Current liabilities	34,184	32,352
Associates [member]
Disclosure of associates [line items]
Gross profit	58	(118)	(78)
Current assets	57	55	38
Current liabilities	$ 99	$ 115	$ 119

Supplemental Guarantor Financ_3

Supplemental Guarantor Financial Information - Additional Information (Detail)	Dec. 31, 2021
Anheuser- Busch InBev SA/NV [member]
Disclosure of supplemental guarantor information [line items]
Percentage of voting equity interests acquired	100.00%

Supplemental Guarantor Financ_4

Supplemental Guarantor Financial Information - Schedule of Condensed Consolidated Income Statement (Detail) - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Condensed Financial Statements, Captions [Line Items]
Revenue		$ 54,304	$ 46,881	$ 52,329
Cost of sales		(23,097)	(19,634)	(20,362)
Gross profit		31,207	27,247	31,967
Profit from operations		13,824	9,620	16,098
Net finance income/(cost)		(5,609)	(7,697)	(3,473)
Share of result of associates and joint ventures		248	156	152
Income tax expense		(2,350)	(1,932)	(2,786)
Profit from continuing operations		6,114	147	9,990	[1]
Profit from discontinued operations		0	2,055	424
Profit of the year		6,114	2,202	$ 10,414
Consolidated [member]
Condensed Financial Statements, Captions [Line Items]
Revenue		14,576	13,960
Cost of sales		(5,737)	(5,354)
Gross profit		8,339	8,194
Selling, general and administrative expense		(4,557)	(4,088)
Other operating income/(expenses)	[2]	(189)	(293)
Profit from operations		3,491	3,935
Net finance income/(cost)		(4,825)	(6,130)
Share of result of associates and joint ventures		2	(5)
Income tax expense		(377)	(102)
Profit from continuing operations		2,055	859
Profit from discontinued operations			368
Profit of the year		2,055	1,227
Non-Guarantors Subsidiaries [member] | Consolidated [member]
Condensed Financial Statements, Captions [Line Items]
Revenue		344	300
Cost of sales		(844)	(713)
Selling, general and administrative expense		(253)	(50)
Other operating income/(expenses)	[2]	151	172
Net finance income/(cost)		3,764	3,159
Anheuser- Busch InBev SA/NV [member]
Condensed Financial Statements, Captions [Line Items]
Revenue		472	373
Cost of sales		(275)	(216)
Gross profit		147	133
Selling, general and administrative expense		(589)	(401)
Other operating income/(expenses)	[2]	2	(159)
Profit from operations		(220)	128
Net finance income/(cost)		(1,016)	(1,026)
Income tax expense		(13)	(26)
Profit from continuing operations		(961)	(1,326)
Profit of the year		4,670	1,405
Anheuser- Busch InBev SA/NV [member] | Non-Guarantors Subsidiaries [member]
Condensed Financial Statements, Captions [Line Items]
Revenue		122	117
Cost of sales		(157)	(130)
Selling, general and administrative expense		(17)	110
Other operating income/(expenses)	[2]	37	(15)
Net finance income/(cost)		149	385
Income from subsidiaries		4,717	2,650
Anheuser- Busch InBev SA/NV [member] | Guarantor Subsidiaries [member]
Condensed Financial Statements, Captions [Line Items]
Cost of sales		(15)	(11)
Selling, general and administrative expense		158	414
Other operating income/(expenses)	[2]	42	46
Net finance income/(cost)		139	(787)
Income from subsidiaries		914	81
Anheuser Busch InBev Worldwide Inc. [member]
Condensed Financial Statements, Captions [Line Items]
Profit from operations		1,308	1,271
Net finance income/(cost)		(2,088)	(2,136)
Income tax expense		(56)	498
Profit from continuing operations		(125)	218
Profit of the year		2,794	3,065
Anheuser Busch InBev Worldwide Inc. [member] | Non-Guarantors Subsidiaries [member]
Condensed Financial Statements, Captions [Line Items]
Selling, general and administrative expense			1
Net finance income/(cost)		2,025	60
Income from subsidiaries		(58)	(121)
Anheuser Busch InBev Worldwide Inc. [member] | Guarantor Subsidiaries [member]
Condensed Financial Statements, Captions [Line Items]
Selling, general and administrative expense		1,313	1,274
Other operating income/(expenses)	[2]	(5)	(4)
Net finance income/(cost)		(1,314)	525
Income from subsidiaries		2,977	2,969
Anheuser Busch InBev Finance Inc. [member]
Condensed Financial Statements, Captions [Line Items]
Profit from operations			(1)
Net finance income/(cost)		(346)	(904)
Income tax expense		(12)	(17)
Profit from continuing operations		52	(399)
Profit of the year		52	(399)
Anheuser Busch InBev Finance Inc. [member] | Non-Guarantors Subsidiaries [member]
Condensed Financial Statements, Captions [Line Items]
Net finance income/(cost)		60	7
Anheuser Busch InBev Finance Inc. [member] | Guarantor Subsidiaries [member]
Condensed Financial Statements, Captions [Line Items]
Selling, general and administrative expense			(1)
Net finance income/(cost)		350	516
Anheuser Busch Companies [member]
Condensed Financial Statements, Captions [Line Items]
Revenue		14,104	13,587
Cost of sales		(5,462)	(5,138)
Gross profit		8,197	8,061
Selling, general and administrative expense		(3,974)	(3,670)
Other operating income/(expenses)	[2]	(191)	(196)
Profit from operations		2,370	2,488
Net finance income/(cost)		(1,484)	180
Share of result of associates and joint ventures		2	(5)
Income tax expense		(296)	(554)
Profit from continuing operations		2,581	2,972
Profit of the year		2,782	3,085
Anheuser Busch Companies [member] | Non-Guarantors Subsidiaries [member]
Condensed Financial Statements, Captions [Line Items]
Revenue		222	183
Cost of sales		(687)	(583)
Selling, general and administrative expense		(248)	(164)
Other operating income/(expenses)	[2]	114	187
Net finance income/(cost)		713	1,229
Income from subsidiaries		201	112
Anheuser Busch Companies [member] | Guarantor Subsidiaries [member]
Condensed Financial Statements, Captions [Line Items]
Revenue		54	36
Cost of sales		(34)	(25)
Selling, general and administrative expense		(1,491)	(1,688)
Other operating income/(expenses)	[2]	(37)	(42)
Net finance income/(cost)		1,276	(366)
Brandbrew, Brandbev and Cobrew [member]
Condensed Financial Statements, Captions [Line Items]
Selling, general and administrative expense		6	(17)
Other operating income/(expenses)	[2]		62
Profit from operations		33	49
Net finance income/(cost)		109	(2,244)
Income tax expense			(3)
Profit from continuing operations		508	(607)
Profit from discontinued operations			368
Profit of the year		869	480
Brandbrew, Brandbev and Cobrew [member] | Non-Guarantors Subsidiaries [member]
Condensed Financial Statements, Captions [Line Items]
Selling, general and administrative expense		12	3
Net finance income/(cost)		817	1,478
Income from subsidiaries		361	719
Brandbrew, Brandbev and Cobrew [member] | Guarantor Subsidiaries [member]
Condensed Financial Statements, Captions [Line Items]
Selling, general and administrative expense		15	1
Net finance income/(cost)		(451)	112
Eliminations [member]
Condensed Financial Statements, Captions [Line Items]
Gross profit		(5)
Profit of the year		(9,112)	(6,410)
Eliminations [member] | Non-Guarantors Subsidiaries [member]
Condensed Financial Statements, Captions [Line Items]
Income from subsidiaries		(5,221)	(3,360)
Eliminations [member] | Guarantor Subsidiaries [member]
Condensed Financial Statements, Captions [Line Items]
Revenue		(54)	(36)
Cost of sales		49	36
Selling, general and administrative expense		5
Income from subsidiaries		$ (3,891)	$ (3,050)
[1]	The consolidated statement of cash flows for 2019 has been restated to include operating, investing and financing activities from discontinued operations separately in the cashflow statement. In addition, the 2019 cash flow from investing activities has been restated to reflect reclassification of the cash flow hedges in relation to the Australia divestiture reported in the financing activities in 2019 and recycled to profit or loss upon the completion of the transaction.
[2]	Other operating income/(expense) include exceptional items.

Supplemental Guarantor Financ_5

Supplemental Guarantor Financial Information - Schedule of Condensed Consolidated Statement of Financial Position (Detail) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Non-current assets
Property, plant and equipment	$ 26,678	$ 26,419
Derivatives	48	138
Total non-current assets	193,678	199,891
Current assets
Inventories	5,399	4,482
Derivatives	621	827
Trade and other receivables	5,046	4,833
Cash and cash equivalents	12,097	15,252
Total current assets	23,949	26,519
Equity
Total equity	79,340	78,351	$ 84,553	$ 71,889
Non-current liabilities
Interest-bearing loans and borrowings	87,369	95,478
Employee benefits	2,261	2,970
Derivatives	100	1,759
Total non-current liabilities	104,104	115,707
Current liabilities
Interest-bearing loans and borrowings	1,408	3,081
Bank Overdrafts	1,334	1,036
Derivatives	5,786	5,046
Trade and other payables	25,434	22,965
Total current liabilities	34,184	32,352
Consolidated [member]
Non-current assets
Due from subsidiaries	78,031	43,420
Property, plant and equipment	4,405	4,367
Goodwill and intangible assets	56,744	56,740
Derivatives	48	117
Other non-current assets	237	379
Other non-current assets	61,434	61,602
Total non-current assets	139,465	105,022
Current assets
Due from subsidiaries	7,160	22,881
Inventories	961	751
Derivatives	425	632
Trade and other receivables	756	780
Cash and cash equivalents	9,664	20,678
Other current assets	68	483
Other current assets	11,874	23,323
Total current assets	19,034	46,204
Equity
Total equity	(21,018)	(38,262)
Non-current liabilities
Due to subsidiaries	48,960	36,364
Interest-bearing loans and borrowings	85,720	93,984
Employee benefits	806	1,070
Deferred tax liabilities	6,581	6,692
Derivatives	100	1,759
Other non-current liabilities	110	370
Other non-current liabilities	93,317	103,874
Total non-current liabilities	142,277	140,238
Current liabilities
Due to subsidiaries	14,937	15,963
Interest-bearing loans and borrowings	238	1,715
Bank Overdrafts	10,768	20,875
Derivatives	5,680	4,936
Trade and other payables	5,463	5,321
Other current liabilities	154	441
Other current liabilities	22,303	33,290
Total current liabilities	37,240	49,253
Non-Guarantors Subsidiaries [member] | Consolidated [member]
Non-current assets
Due from subsidiaries	78,031	43,420
Current assets
Due from subsidiaries	7,160	22,881
Non-current liabilities
Due to subsidiaries	48,960	36,364
Current liabilities
Due to subsidiaries	14,937	15,963
Anheuser- Busch InBev SA/NV [member]
Non-current assets
Due from subsidiaries	13,141	6,858
Property, plant and equipment	62	61
Goodwill and intangible assets	1,364	1,246
Investments in subsidiaries	112,722	121,737
Other non-current assets	114,148	123,044
Total non-current assets	127,289	129,902
Current assets
Due from subsidiaries	1,301	6,312
Trade and other receivables	201	149
Cash and cash equivalents	1,127	6,887
Other current assets	9	9
Other current assets	1,337	7,045
Total current assets	2,638	13,357
Equity
Total equity	68,669	68,024
Non-current liabilities
Due to subsidiaries	23,593	25,588
Interest-bearing loans and borrowings	25,483	29,987
Employee benefits	3	4
Other non-current liabilities		30
Other non-current liabilities	25,486	30,021
Total non-current liabilities	49,079	55,609
Current liabilities
Due to subsidiaries	4,902	7,951
Interest-bearing loans and borrowings	1	1,485
Bank Overdrafts	6,292	9,274
Derivatives	2
Trade and other payables	905	833
Other current liabilities	77	83
Other current liabilities	7,277	11,675
Total current liabilities	12,179	19,626
Anheuser- Busch InBev SA/NV [member] | Non-Guarantors Subsidiaries [member]
Non-current assets
Due from subsidiaries	13,141	6,858
Current assets
Due from subsidiaries	646	5,831
Non-current liabilities
Due to subsidiaries	17,517	18,979
Current liabilities
Due to subsidiaries	244	73
Anheuser- Busch InBev SA/NV [member] | Guarantor Subsidiaries [member]
Current assets
Due from subsidiaries	655	481
Non-current liabilities
Due to subsidiaries	6,076	6,609
Current liabilities
Due to subsidiaries	4,658	7,878
Anheuser Busch InBev Worldwide Inc. [member]
Non-current assets
Due from subsidiaries	15,102	11,682
Investments in subsidiaries	79,596	75,095
Other non-current assets	207	191
Other non-current assets	79,803	75,286
Total non-current assets	94,905	86,968
Current assets
Due from subsidiaries	5,934	7,703
Cash and cash equivalents	7	3
Other current assets		471
Other current assets	7	474
Total current assets	5,941	8,177
Equity
Total equity	57,635	49,373
Non-current liabilities
Due to subsidiaries	8,558	7,798
Interest-bearing loans and borrowings	33,064	36,280
Other non-current liabilities	33,064	36,280
Total non-current liabilities	41,622	44,078
Current liabilities
Due to subsidiaries	756	568
Interest-bearing loans and borrowings	218	37
Bank Overdrafts		494
Trade and other payables	543	595
Other current liabilities	72
Other current liabilities	833	1,126
Total current liabilities	1,589	1,694
Anheuser Busch InBev Worldwide Inc. [member] | Non-Guarantors Subsidiaries [member]
Non-current assets
Due from subsidiaries	15,102	11,682
Current assets
Due from subsidiaries		2,386
Non-current liabilities
Due to subsidiaries	7,325	7,798
Current liabilities
Due to subsidiaries	732	536
Anheuser Busch InBev Worldwide Inc. [member] | Guarantor Subsidiaries [member]
Current assets
Due from subsidiaries	5,934	5,317
Non-current liabilities
Due to subsidiaries	1,233
Current liabilities
Due to subsidiaries	24	32
Anheuser Busch InBev Finance Inc. [member]
Non-current assets
Due from subsidiaries	7,276	7,809
Total non-current assets	7,276	7,809
Current assets
Due from subsidiaries	802	3,448
Cash and cash equivalents	7
Other current assets	7
Total current assets	809	3,488
Equity
Total equity	678	627
Non-current liabilities
Due to subsidiaries	0
Interest-bearing loans and borrowings	7,268	7,826
Deferred tax liabilities	1
Other non-current liabilities	7,269	7,826
Total non-current liabilities	7,269	7,826
Current liabilities
Due to subsidiaries		1
Interest-bearing loans and borrowings		182
Bank Overdrafts	2	2,466
Trade and other payables	131	142
Other current liabilities	5	13
Other current liabilities	138	2,803
Total current liabilities	138	2,804
Anheuser Busch InBev Finance Inc. [member] | Non-Guarantors Subsidiaries [member]
Non-current assets
Due from subsidiaries	1,200	1,200
Current assets
Due from subsidiaries	71	37
Current liabilities
Due to subsidiaries		1
Anheuser Busch InBev Finance Inc. [member] | Guarantor Subsidiaries [member]
Non-current assets
Due from subsidiaries	6,076	6,609
Current assets
Due from subsidiaries	731	3,411
Anheuser Busch Companies [member]
Non-current assets
Due from subsidiaries	33,325	14,463
Property, plant and equipment	4,343	4,306
Goodwill and intangible assets	55,283	55,397
Investments in subsidiaries	35,862	42,150
Other non-current assets	30	56
Other non-current assets	95,518	101,909
Total non-current assets	128,843	116,372
Current assets
Due from subsidiaries	3,088	4,116
Inventories	961	751
Derivatives	132	76
Trade and other receivables	546	630
Cash and cash equivalents	367	187
Other current assets	57	3
Other current assets	2,063	1,647
Total current assets	5,151	5,763
Equity
Total equity	71,348	75,634
Non-current liabilities
Due to subsidiaries	20,768	5,351
Interest-bearing loans and borrowings	19,905	19,891
Employee benefits	803	1,066
Deferred tax liabilities	6,520	6,692
Other non-current liabilities	110	341
Other non-current liabilities	27,338	27,989
Total non-current liabilities	48,106	33,340
Current liabilities
Due to subsidiaries	10,646	9,007
Interest-bearing loans and borrowings	19	11
Bank Overdrafts		47
Derivatives	12	12
Trade and other payables	3,863	3,739
Other current liabilities		345
Other current liabilities	3,894	4,154
Total current liabilities	14,540	13,161
Anheuser Busch Companies [member] | Non-Guarantors Subsidiaries [member]
Non-current assets
Due from subsidiaries	32,092	14,463
Current assets
Due from subsidiaries	3,007	4,116
Non-current liabilities
Due to subsidiaries	20,768	5,351
Current liabilities
Due to subsidiaries	4,771	4,090
Anheuser Busch Companies [member] | Guarantor Subsidiaries [member]
Non-current assets
Due from subsidiaries	1,233
Current assets
Due from subsidiaries	81
Current liabilities
Due to subsidiaries	5,875	4,917
Brandbrew, Brandbev and Cobrew [member]
Non-current assets
Due from subsidiaries	16,496	9,217
Goodwill and intangible assets	97	97
Investments in subsidiaries	15,017	17,408
Derivatives	48	117
Other non-current assets		132
Other non-current assets	15,162	17,754
Total non-current assets	31,658	26,971
Current assets
Due from subsidiaries	6,838	17,931
Derivatives	293	556
Trade and other receivables	9	1
Cash and cash equivalents	8,156	13,601
Other current assets	2
Other current assets	8,460	14,158
Total current assets	15,298	32,089
Equity
Total equity	23,849	24,470
Non-current liabilities
Due to subsidiaries	3,350	4,236
Deferred tax liabilities	60
Derivatives	100	1,759
Other non-current liabilities	160	1,759
Total non-current liabilities	3,510	5,995
Current liabilities
Due to subsidiaries	9,436	15,065
Bank Overdrafts	4,474	8,594
Derivatives	5,666	4,924
Trade and other payables	21	12
Other current liabilities	10,161	13,530
Total current liabilities	19,597	28,595
Brandbrew, Brandbev and Cobrew [member] | Non-Guarantors Subsidiaries [member]
Non-current assets
Due from subsidiaries	16,496	9,217
Current assets
Due from subsidiaries	3,436	10,511
Non-current liabilities
Due to subsidiaries	3,350	4,236
Current liabilities
Due to subsidiaries	9,190	11,263
Brandbrew, Brandbev and Cobrew [member] | Guarantor Subsidiaries [member]
Current assets
Due from subsidiaries	3,402	7,420
Current liabilities
Due to subsidiaries	246	3,802
Eliminations [member]
Non-current assets
Due from subsidiaries	(7,309)	(6,609)
Investments in subsidiaries	(243,197)	(256,390)
Other non-current assets	(243,197)	(256,390)
Total non-current assets	(250,506)	(262,999)
Current assets
Due from subsidiaries	(10,803)	(16,629)
Total current assets	(10,803)	(16,629)
Equity
Total equity	(243,197)	(256,390)
Non-current liabilities
Due to subsidiaries	(7,309)	(6,609)
Total non-current liabilities	(7,309)	(6,609)
Current liabilities
Due to subsidiaries	(10,803)	(16,629)
Total current liabilities	(10,803)	(16,629)
Eliminations [member] | Guarantor Subsidiaries [member]
Non-current assets
Due from subsidiaries	(7,309)	(6,609)
Current assets
Due from subsidiaries	(10,803)	(16,629)
Non-current liabilities
Due to subsidiaries	(7,309)	(6,609)
Current liabilities
Due to subsidiaries	$ (10,803)	$ (16,629)

Events After the Balance Shee_3

Events After the Balance Sheet Date - Additional Information (Detail) - USD ($) $ in Millions	Mar. 11, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclosure of non-adjusting events after reporting period [line items]
Principal amount redeemed		$ 3,100
Investments in associates and joint ventures		$ 5,874	$ 6,143
Anadolu Efes [member]
Disclosure of non-adjusting events after reporting period [line items]
Proportion of ownership interest in associate and joint venture		24.00%
Investments in associates and joint ventures		$ 201
AB InBev Efes [member]
Disclosure of non-adjusting events after reporting period [line items]
Investments in associates		$ 1,143	$ 1,135	$ 1,132
Proportion of indirect ownership interest		50.00%
AB InBev Efes [member] | Non-controlling interest [member]
Disclosure of non-adjusting events after reporting period [line items]
Proportion of ownership interest in associate		50.00%
Investments in associates		$ 1,100
Announcement of plan to discontinue operation [member] | AB InBev Efes [member] | Non-controlling interest [member]
Disclosure of non-adjusting events after reporting period [line items]
Proportion of ownership interest in associate	50.00%

Events after the balance shee_4

Events after the balance sheet date - Summary of exercising option to redeem outstanding principal amount (Detail) - Event After Reporting Date [Member] $ in Millions	12 Months Ended
	Dec. 31, 2021USD ($)
3.650% Notes due 2026
Disclosure Of Exercising Option To Redeem Outstanding Principal Amount [Line Items]
Date of redemption	Feb. 9, 2022
Issuer	ABIFI
Title of series of notes issued redeemed	3.650% Notes due 2026
Currency	USD
Original principal amount outstanding	$ 1,633
Principal amount redeemed	$ 1,633
4.915% Notes due 2046
Disclosure Of Exercising Option To Redeem Outstanding Principal Amount [Line Items]
Date of redemption	Mar. 1, 2022
Issuer	ABIFI
Title of series of notes issued redeemed	4.915% Notes due 2046
Currency	USD
Original principal amount outstanding	$ 1,470
Principal amount redeemed	$ 1,470

AB INBEV Companies - Summary of

AB INBEV Companies - Summary of Name and Registered Office of Fully Consolidated Companies (Detail)	12 Months Ended
	Dec. 31, 2021
Argentina [member] | CERVECERIA Y MALTERIA QUILMES SAICA y G [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	CERVECERIA Y MALTERIA QUILMES SAICA Y G - Charcas 5160 - C1425BOF - Buenos Aires
Proportion of ownership interest in subsidiary	61.64%
Belgium [member] | BRASSERIE DE L'ABBAYE DE LEFFE S.A. [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	BRASSERIE DE L’ABBAYE DE LEFFE S.A. - Place de l’Abbaye, 1 - 5500 - Dinant
Proportion of ownership interest in subsidiary	98.54%
Belgium [member] | BROUWERU VAN HOEGAARDEN N.V. [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	BROUWERIJ VAN HOEGAARDEN N.V. - Stoopkensstraat 46 - 3320 - Hoegaarden
Proportion of ownership interest in subsidiary	100.00%
Belgium [member] | COBREW N.V. [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	COBREW N.V - Brouwerijplein 1 - 3000 - Leuven
Proportion of ownership interest in subsidiary	100.00%
Belgium [member] | INBEV BELGIUM S.P.R.L. [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	INBEV BELGIUM BV/SRL - Boulevard Industriel 21 - 1070 - Brussel
Proportion of ownership interest in subsidiary	100.00%
Belgium [member] | ABINBEV N.V [Member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	AB-INBEV N.V - Grand Place 1 - 1000 - Brussel
Botswana [member] | Kgalagadi Breweries (Pty) Ltd [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	KGALAGADI BREWERIES (PTY) LIMITED - Plot 20768, Kudu Road, Broadhurst Industrial Estate - Gaborone	[1]
Proportion of ownership interest in subsidiary	31.06%
Bolivia [member] | CERVECERIA BOLIVIANA NACIONAL S.A. [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	CERVECERÍA BOLIVIANA NACIONAL S.A. - Av. Montes 400 and Calle Chuquisaca No. 121, Zona Challapampa - La Paz
Proportion of ownership interest in subsidiary	52.73%
Brazil [Member] | Ambev [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	AMBEV S.A. - Rua Dr. Renato Paes de Barros, 1017 - 3° floor - Itaim Bibi - CEP 04530-001 - Sao Paulo
Proportion of ownership interest in subsidiary	61.79%
Canada [member] | LABATT BREWING COMPANY LIMITED [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	LABATT BREWING COMPANY LIMITED - 207 Queen’s Quay West, Suite 299 - M5J 1A7 - Toronto
Proportion of ownership interest in subsidiary	61.79%
Chile [member] | CERVECERIA CHILE S.A. [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	CERVECERIA CHILE S.A. - Av. Presidente Eduardo Frei Montalva 9600, Quilicura - 8700000 - Santiago de Chile
Proportion of ownership interest in subsidiary	61.79%
China [member] | ANHEUSER-BUSCH INBEV (CHINA) SALES CO LTD. [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	ANHEUSER-BUSCH INBEV (CHINA) SALES CO. LTD. - Shangshou, Qin Duan Kou, Hanyang Area - 430051 - Wuhan City, Hubei Province
Proportion of ownership interest in subsidiary	87.22%
China [member] | ANHEUSER-BUSCH INBEV (WUHAN) BREWERY CO. LTD. [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	ANHEUSER-BUSCH INBEV (WUHAN) BREWERY CO. LTD. - Shangshou, Qin Duan Kou, Hanyang Area - 430051 - Wuhan City, Hubei Province
Proportion of ownership interest in subsidiary	84.66%
China [member] | ANHEUSER-BUSCH INBEV (FOSHAN) BREWERY CO. LTD. [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	ANHEUSER-BUSCH INBEV (FOSHAN) BREWERY CO. LTD. - 1 Budweiser Avenue, Southwest St., Sanshui District - 528132 - Foshan City, Guangdong
Proportion of ownership interest in subsidiary	87.22%
China [member] | ANHEUSER-BUSCH INBEV HARBIN BREWERY CO. LTD. [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	ANHEUSER-BUSCH INBEV HARBIN BREWERY CO. LTD. - 9 Hapi Road, Pingfang district - 150066 - Harbin City, Heilongijang Province
Proportion of ownership interest in subsidiary	87.22%
China [member] | ANHEUSER-BUSCH INBEV (TANGSHAN) BREWERY CO. LTD. [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	ANHEUSER-BUSCH INBEV (TANGSHAN) BREWERY CO. LTD. - 18, Yingbin Road - 063300 - Tangshan City, Hebei Province
Proportion of ownership interest in subsidiary	87.22%
China [member] | ANHEUSER-BUSCH INBEV SEDRIN BREWERY CO. LTD. [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	ANHEUSER-BUSCH INBEV SEDRIN BREWERY CO. LTD. - No.1 West Xuejin Avenue,Hanjiang District - 351111 - Putian City, Fujian Province
Proportion of ownership interest in subsidiary	87.22%
China [member] | ANHEUSER-BUSCH INBEV SEDRIN (ZHANGZHOU) BREWERY CO. LTD. [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	ANHEUSER-BUSCH INBEV SEDRIN (ZHANGZHOU) BREWERY CO. LTD. - Lantian Economic District - 363005 - Zhangzhou City, Fujian Province
Proportion of ownership interest in subsidiary	87.22%
China [member] | ANHEUSER-BUSCH INBEV (TAIZHOU) BREWERY CO. LTD. [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	ANHEUSER-BUSCH INBEV (TAIZHOU) BREWERY CO. LTD. - 159 Qi Xia East Road, Chengguan Town, Tiantai County - 317200 - Taizhou City, Zhejiang Province
Proportion of ownership interest in subsidiary	87.22%
China [member] | ANHEUSER-BUSCH INBEV SEDRIN (NANCHANG) BREWERY CO. LTD. [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	ANHEUSER-BUSCH INBEV SEDRIN (NANCHANG) BREWERY CO. LTD. - 1188 Jinsha Avenue, Economic District - Nanchang City, Jiangxi Province
Proportion of ownership interest in subsidiary	87.22%
China [member] | SIPING GINSBER DRAFT BEER CO. LTD. [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	SIPING GINSBER DRAFT BEER CO. LTD. - Xianmaquan, Tiedong Area - Siping City, Jilin Province
Proportion of ownership interest in subsidiary	87.22%
China [member] | ANHEUSER-BUSCH INBEV (NANTONG) BREWERY CO. LTD. [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	ANHEUSER-BUSCH INBEV (NANTONG) BREWERY CO. LTD. - 666 Zhaoxia Road - Nantong City, Jiangsu Province
Proportion of ownership interest in subsidiary	87.22%
China [member] | ANHEUSER-BUSCH INBEV (SICHUAN) BREWERY CO. LTD. [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	ANHEUSER-BUSCH INBEV (SICHUAN) BREWERY CO. LTD. - No. 1, AB InBev Avenue, Cheng Nan Industry Park, Economic Development Area - 641300 - Ziyang City, Sichuan Province
Proportion of ownership interest in subsidiary	87.22%
China [member] | ANHEUSER-BUSCH INBEV (HENAN) BREWERY CO. LTD. [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	ANHEUSER-BUSCH INBEV (HENAN) BREWERY CO. LTD. - No. 1 Budweiser Avenue, Industry Park, Tangzhuang Town - 453100 - Weihui City, Henan Province
Proportion of ownership interest in subsidiary	87.22%
China [member] | INBEV JINLONGQUAN (HUBEI) BREWERY CO. LTD. [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	INBEV JINLONGQUAN (HUBEI) BREWERY CO. LTD. - 89 Jin Long Quan Avenue - Jingmen City, Hubei Province
Proportion of ownership interest in subsidiary	52.33%
China [member] | ANHEUSER-BUSCH INBEV (SUQIAN) BREWERY CO. LTD. [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	ANHEUSER-BUSCH INBEV (SUQIAN) BREWERY CO. LTD. - No 1 Qujiang Road, Suyu Industry Park - Suqian City, Jiangsu Province
Proportion of ownership interest in subsidiary	87.22%
China [member] | ANHEUSERBUSCH INBEV(WENZHOU) BREWERY CO. LTD [Member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	ANHEUSER-BUSCH INBEV(WENZHOU) BREWERY CO. LTD. - No. 5108 Management Office, MingZhu Road, Binghai District, Development Zone - 325025 - Wenzhou City, Zhejiang Province
Proportion of ownership interest in subsidiary	87.22%
China [member] | BLUE GIRL BEER (GUANGZHOU) COMPANY LIMITED [Member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	BLUE GIRL BEER (GUANGZHOU) COMPANY LIMITED - Units 2101,21/F, Tower A, China International Centre, 33 Zhongshan San Road - 510000 - Guangzhou City
Proportion of ownership interest in subsidiary	56.69%
Colombia [member] | ZX Ventures Colombia S.A.S. [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	ZX VENTURES COLOMBIA S.A.S. - Carrera 53 A, No 127 - 35 - 110221 - Bogota
Proportion of ownership interest in subsidiary	100.00%
Colombia [member] | BAVARIA S.A. [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	BAVARIA & CIA S.A.S. - Carrera 53 A, No 127 - 35 - 110221 - Bogota
Proportion of ownership interest in subsidiary	99.16%
Colombia [member] | Kopps Comercial S.A.S. S.A.S. [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	KOPPS COMERCIAL S.A.S. - Carrera 53 A, No 127 - 35 - 110221 - Bogota
Proportion of ownership interest in subsidiary	100.00%
Colombia [member] | CERVECERIA DEL VALLE [Member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	CERVECERIA DEL VALLE - Calle 15, No. 25 A37 Autopista, Cali-Yumbo - 760507 - Yumbo
Proportion of ownership interest in subsidiary	100.00%
Colombia [member] | CERVECERIA UNION [Member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	CERVECERIA UNION - Cra 50 A #38-39, Itagui - 55412 - Itaguí
Proportion of ownership interest in subsidiary	99.14%
Czech Republic [member] | ANHEUSER-BUSCH INBEV CZECH S.R.O. [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	ANHEUSER-BUSCH INBEV CZECH S.R.O. - Vyskočilova 1422/1A - 140 00 - Praha 4-Michle
Proportion of ownership interest in subsidiary	100.00%
Czech Republic [member] | PIVOVAR SAMSON A.S. [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	PIVOVAR SAMSON A.S. - Lidická 458 - 370 01 - České Budějovice
Proportion of ownership interest in subsidiary	100.00%
Dominican Republic [member] | CERVECERIA NACIONAL DOMINICANA S.A. [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	CERVECERIA NACIONAL DOMINICANA S.A. - Autopista 30 de Mayo Km 61/2, Distrito Nacional - A.P. 1086 - Santo Domingo
Proportion of ownership interest in subsidiary	52.52%
Ecuador [member] | CERVECERIA NACIONAL (CN) S,A. [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	CERVECERÍA NACIONAL (CN) S.A. - Via a daule km 16,5 y calle cobre s/n - Guayaquil, Guayas
Proportion of ownership interest in subsidiary	95.58%
El Salvador [member] | INDUSTRIAS LA CONSTANCIA, SA DE CV [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	INDUSTRIAS LA CONSTANCIA S.A. DE C.V. - Avenida Independencia, No 526 - San Salvador
Proportion of ownership interest in subsidiary	100.00%
France [member] | AB INBEV FRANCE S.A.S. [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	AB INBEV FRANCE S.A.S. - Immeuble Crystal, 38, Place Vauban - C.P. 59110 - La Madeleine
Proportion of ownership interest in subsidiary	100.00%
Germany [member] | BRAUEREI BECK GmbH & CO. KG [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	BRAUEREI BECK GMBH & CO. KG - Am Deich 18/19 - 28199 - Bremen
Proportion of ownership interest in subsidiary	100.00%
Germany [member] | BRAUEREI DIEBELS GmbH & CO.KG [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	BRAUEREI DIEBELS GMBH & CO. KG - Brauerei-Diebels-Straße 1 - 47661 - Issum
Proportion of ownership interest in subsidiary	100.00%
Germany [member] | HAAKE-BECK AG [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	HAAKE-BECK AG - Am Deich 18/19 - 28199 - Bremen
Proportion of ownership interest in subsidiary	99.96%
Germany [member] | HASSERODER BRAUEREI GmbH [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	HASSERÖDER BRAUEREI GMBH. - Auerhahnring 1 - 38855 - Wernigerode
Proportion of ownership interest in subsidiary	100.00%
Germany [member] | ANHEUSER-BUSCH INBEV GERMANY HOLDING GmbH [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	ANHEUSER-BUSCH INBEV GERMANY HOLDING GMBH. - Am Deich 18/19 - 28199 - Bremen
Germany [member] | SPATEN - FRANZISKANER - BRAU GmbH [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	SPATEN-FRANZISKANER-BRÄU GMBH. - Marsstrasse 46 + 48 - 80335 - München
Proportion of ownership interest in subsidiary	100.00%
Germany [member] | ANHEUSER-BUSCH INBEV Deutschland GmbH & Co KG [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	ANHEUSER-BUSCH INBEV DEUTSCHLAND GMBH & CO. KG - Am Deich 18/19 - 28199 - Bremen
Proportion of ownership interest in subsidiary	100.00%
Germany [member] | LOEWENBRAEU AG [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	LÖWENBRÄU AG - Nymphenburger Str. 7 - 80335 - München
Proportion of ownership interest in subsidiary	100.00%
Ghana [member] | ACCRA BREWERY LTD [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	ACCRA BREWERY PLC - Farra Avenue 20 1st Floor, Pkf Building - P.O. Box GP1219 - Accra
Proportion of ownership interest in subsidiary	59.89%
Luxembourg [member] | BRASSERIE DE LUXEMBOURG MOUSEL - DIEKIRCH [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	BRASSERIE DE LUXEMBOURG MOUSEL - DIEKIRCH - Rue de la Brasserie, 1 - L-9214 - Diekirch
Proportion of ownership interest in subsidiary	95.82%
Honduras [member] | CERVECERIA HONDURENA, SA DE CV [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	CERVECERÍA HONDUREÑA S.A. DE C.V. - Blvd. Del Norte, Carretera Salida a Puerto Cortes - San Pedro Sula
Proportion of ownership interest in subsidiary	99.60%
Hong Kong [member] | BUDWEISER BREWING CO APACT LTD [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	BUDWEISER BREWING COMPANY APAC LIMITED - Suites 3012-16, Tower Two, Times Square, 1 Matheson Street, Causeway Bay - Hong Kong
Proportion of ownership interest in subsidiary	87.22%
India [member] | CROWN BEERS INDIA LIMITED [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	CROWN BEERS INDIA LIMITED. - 510/511, Minerva House, Sarojini Devi Road - 500003 - Secunderabad, Telangana
Proportion of ownership interest in subsidiary	87.22%
India [member] | ANHEUSER BUSCH INBEV INDIA LIMITED [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	ANHEUSER BUSCH INBEV INDIA LIMITED. - Unit No.301-302, Dynasty Business Park, 3rd Floor Andheri - Kurla Road, Andheri (East) - 400059 - Mumbai, Maharashtra
Proportion of ownership interest in subsidiary	87.05%
Italy [member] | Anheuser-Busch Inbev Italia SpA [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	ANHEUSER-BUSH INBEV ITALIA S.P.A. - Via Fratelli Castiglioni, 8 - 20214 - Milano
Proportion of ownership interest in subsidiary	100.00%
Mexico [member] | CERVECERIA MODELO DE MEXICO S. DE R.L. DE C.V [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	CERVECERIA MODELO DE MEXICO S. DE R.L. DE C.V. - Cerrada de Palomas 22, Piso 6, Reforma Social - C.P. 11650 - Mexico City, CD MX
Proportion of ownership interest in subsidiary	100.00%
Mexico [member] | COMPANIA CERVECERA DE ZACATECAS S. DE R.L. DE C.V [Member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	COMPANIA CERVECERA DE ZACATECAS S. DE R.L. DE C.V. - Blvd. Antonino Fernandez Rodriguez n° 100 - C.P. 98500 - Calera de Victor Rosales, Zacatecas
Proportion of ownership interest in subsidiary	100.00%
Mozambique [member] | CERVEJAS DE MOCAMBIQUE SA [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	CERVEJAS DE MOÇAMBIQUE SA - Rua do Jardim 1329 - Maputo
Proportion of ownership interest in subsidiary	51.47%
Netherlands [member] | INBEV NEDERLAND N.V. [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	INBEV NEDERLAND N.V. - Ceresstraat 1 - 4811 CA - Breda
Proportion of ownership interest in subsidiary	100.00%
Netherlands [member] | INTERBREW INTERNATIONAL B.V. [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	INTERBREW INTERNATIONAL B.V. - Ceresstraat 1 - 4811 CA - Breda
Proportion of ownership interest in subsidiary	100.00%
Netherlands [member] | AB InBev Africa B.V. [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	AB INBEV AFRICA B.V. - Ceresstraat 1 - 4811 CA - Breda
Proportion of ownership interest in subsidiary	62.00%
Nigeria [member] | INTERNATIONAL BREWERIES PLC [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	INTERNATIONAL BREWERIES PLC - 22/36 Glover Road, Lagos, Ikoyi, Nigeria - Lagos	[1]
Proportion of ownership interest in subsidiary	43.00%
Panama [member] | CERVECERIA NACIONAL HOLDING SA [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	CERVECERÍA NACIONAL S DE RL - Ave. Ricardo J. Alfaro, Corregimiento de Betania, Distrito de Panamá, - Panama City
Proportion of ownership interest in subsidiary	61.79%
Paraguay [member] | CERVECERIA PARAGUAYA S.A. [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	CERVECERÍA PARAGUAYA S.A. - Ruta Villeta km 30 N 3045 - 2660 - Ypané
Proportion of ownership interest in subsidiary	53.98%
Peru [member] | COMPANIA CERVECERA AMBEV PERU S.A.C. [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	COMPANIA CERVECERA AMBEV PERU S.A.C. - Av. Los Laureles Mza. A Lt. 4 del Centro Poblado Menor Santa Maria de Huachipa - Lurigancho (Chosica) - 15 - Lima
Proportion of ownership interest in subsidiary	97.22%
Peru [member] | UNIOIN DE CERVECERIAS PERUANAS BACKUS Y JOHNSTON SAA [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	UNIÓN DE CERVECERÍAS PERUANAS BACKUS Y JOHNSTON S.A.A. - 3986 Av. Nicolas Ayllon, Ate - 3 - Lima
Proportion of ownership interest in subsidiary	93.78%
South Africa [member] | SABSA HOLDINGS LTD [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	SABSA HOLDINGS LTD PUBLIC LIMITED COMPANY - 65 Park Lane, Sandown - 2001 - Johannesburg
Proportion of ownership interest in subsidiary	100.00%
South Africa [member] | THE SOUTH AFRICAN BREWERIES (PTY) LTD [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	THE SOUTH AFRICAN BREWERIES (PTY) LTD LIMITED BY SHARES - 65 Park Lane, Sandown - 2146 - Johannesburg
Proportion of ownership interest in subsidiary	100.00%
South Korea [member] | ORIENTAL BREWERY CO., LTD [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	ORIENTAL BREWERY CO. LTD. - 8F, ASEM Tower, 517, Yeongdong-daero, Gangnam-gu - 06164 - Seoul
Proportion of ownership interest in subsidiary	87.22%
Switzerland [member] | Anheuser Bush InBev Procurement (GMBH) [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	ANHEUSER-BUSCH INBEV PROCUREMENT GESELLSCHAFT MIT BESCHRÄNKTER HAFTUNG (GMBH) - Suurstoffi 22 - 6343 - Rotkreuz
Proportion of ownership interest in subsidiary	100.00%
Tanzania [member] | TANZANIA BREWERIES PLC [Member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	TANZANIA BREWERIES PLC - Uhuru Street, Plot 79, Block AA - P.O. Box 9013 - Dar es Salaam	[1]
Proportion of ownership interest in subsidiary	39.65%
Uganda [member] | NILE BREWERIES LTD [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	NILE BREWERIES LTD - Plot M90 Yusuf Lule Road, Njeru - P.O. Box 762 - Jinja - Eastern Uganda
Proportion of ownership interest in subsidiary	61.64%
United Kingdom [member] | ABI SAB GROUP HOLDING LIMITED [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	ABI SAB GROUP HOLDING LIMITED - Bureau, 90 Fetter Lane - EC4A 1EN - London
Proportion of ownership interest in subsidiary	100.00%
United Kingdom [member] | ABI UK HOLDINGS 1 LIMITED [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	ABI UK HOLDING 1 LIMITED - Bureau, 90 Fetter Lane - EC4A 1EN - London
Proportion of ownership interest in subsidiary	100.00%
United Kingdom [member] | AB INBEV UK LTD [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	AB INBEV UK LIMITED - Bureau, 90 Fetter Lane - EC4A 1EN - London
Proportion of ownership interest in subsidiary	100.00%
United Kingdom [member] | AB Inbev Holdings Limited [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	AB INBEV HOLDINGS LIMITED - Bureau, 90 Fetter Lane - EC4A 1EN - London
Proportion of ownership interest in subsidiary	100.00%
United Kingdom [member] | AB Inbev International Brands Limited [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	AB INBEV INTERNATIONAL BRANDS LIMITED - Bureau, 90 Fetter Lane - EC4A 1EN - London
Proportion of ownership interest in subsidiary	100.00%
United Kingdom [member] | ZX VENTURES LIMITED [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	ZX VENTURES LIMITED - Bureau, 90 Fetter Lane - EC4A 1EN - London
Proportion of ownership interest in subsidiary	100.00%
United States [member] | Anheuser Busch Companies [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	ANHEUSER-BUSCH COMPANIES, LLC. - One Busch Place - MO 63118 - St. Louis
Proportion of ownership interest in subsidiary	100.00%
United States [member] | ANHEUSER-BUSCH INTERNATIONAL, INC. [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	ANHEUSER-BUSCH INTERNATIONAL, INC. - One Busch Place - MO 63118 - St. Louis
Proportion of ownership interest in subsidiary	100.00%
United States [member] | ANHEUSER-BUSCH PACKAGING GROUP, INC. [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	ANHEUSER-BUSCH PACKAGING GROUP, INC. - One Busch Place - MO 63118 - St. Louis
Proportion of ownership interest in subsidiary	100.00%
United States [member] | ANHEUSER-BUSCH, LLC [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	ANHEUSER-BUSCH, LLC. - One Busch Place - MO 63118 - St. Louis
Proportion of ownership interest in subsidiary	100.00%
United States [member] | Metal Container Corporation, Inc [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	METAL CONTAINER CORPORATION, INC. - One Busch Place - MO 63118 - St. Louis
Proportion of ownership interest in subsidiary	50.10%
United States [member] | Anheuser-Busch North American Holding Corporation [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	ANHEUSER-BUSCH NORTH AMERICAN HOLDING CORPORATION - C/O THE CORPORATION TRUST COMPANY, INC. - 1209 Orange Street - DE 19801 - Wilmington
Proportion of ownership interest in subsidiary	100.00%
Uruguay [member] | CERVECERIA Y MALTERIA PAYSANDU S.A. [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	CERVECERIA Y MALTERIA PAYSANDU S.A. - Cesar Cortinas, 2037 - C.P. 11500 - Montevideo
Proportion of ownership interest in subsidiary	61.75%
Vietnam [member] | ANHEUSER-BUSCH INBEV VIETNAM BREWERY COMPANY LIMITED [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	ANHEUSER-BUSCH INBEV VIETNAM BREWERY COMPANY LIMITED - 2 VSIP II-A, Street No. 28 - Singapore II-A Industrial Park, Vinh Tan Ward - Tan Uyen Town, Binh Duong Province
Proportion of ownership interest in subsidiary	87.22%
Zambia [member] | ZAMBIAN BREWERIES PLC [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	ZAMBIAN BREWERIES - Plot No 6438, Mungwi Road - P.O. Box 31293 - Lusaka
Proportion of ownership interest in subsidiary	54.00%
SPAIN | COMPANIA CERVECERA DE CANARIAS, S.A [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	COMPAÑÍA CERVECERA DE CANARIAS, S.A. - Av Ángel Romero, 18 - 38009 - Santa Cruz de Tenerife
Proportion of ownership interest in subsidiary	51.03%
[1]	The company is consolidated due to the group’s majority shareholdings and ability to control the operations.

AB INBEV Companies - Summary _2

AB INBEV Companies - Summary of Name and Registered Office of Associates and Joint Ventures (Detail)	12 Months Ended
	Dec. 31, 2021
France [member] | SOCIETE DES BRASSERIES ET GLACIERES INTERNATIONALES SA [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	SOCIÉTÉ DES BRASSERIES ET GLACIÈRES INTERNATIONALES S.A - 49 rue François 1er - Paris
Proportion of ownership interest in subsidiary	20.00%
Gibraltar [member] | BIH BRASSERIES INTERNATIONALES HOLDING LTD [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	B.I.H. BRASSERIES INTERNATIONALES HOLDING LIMITED LIMITED - ICC Building, 10th Floor, Main Street
Proportion of ownership interest in subsidiary	20.00%
Gibraltar [member] | BIH BRASSERIES INTERNATIONALES HOLDING ANGOLA LTD [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	B.I.H. BRASSERIES INTERNATIONALES HOLDING (ANGOLA) LIMITED - Suite 10/3, International Commercial Centre, 2A Main Street
Proportion of ownership interest in subsidiary	27.00%
Turkey [member] | ANADOLU EFES BIRACILIK VE MALT SANAYII AS [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	ANADOLU EFES BIRACILIK VE MALT SANAYII A.S. - Bahçelievler Mahallesi, Sehit Ibrahim Koparir Caddesi No. 4, Bahçelievler - Istanbul
Proportion of ownership interest in subsidiary	24.00%
Zimbabwe [member] | DELTA CORPORATION LTD [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	DELTA CORPORATION LIMITED - Sable House, Northridge Close, Borrowdale - P.O. Box BW 343 - Harare
Proportion of ownership interest in subsidiary	25.42%
Russia [member] | AB InBev Efes [member]
Disclosure of information about consolidated structured entities [line items]
Address of entity's registered office	AB INBEV EFES JSC - 28 Moskovskaya street, Moscow region - 141607 - Klin
Proportion of ownership interest in subsidiary	50.00%