It was released on February 7, 2000, as the lead single from their fourth studio album, Standing on the Shoulder of Giants, and marked the band's first material following the departure of founding members Paul "Bonehead" Arthurs (rhythm guitar) and Paul "Guigsy" McGuigan (bass).
The track runs 4:38 and features a sample from the drums in Johnny Jenkins' cover of Dr. John's "I Walk on Gilded Splinters."
Recording-wise, it showcases a stripped-down lineup: Liam Gallagher on vocals, Noel on lead guitar, bass, Mellotron, and Hammond organ, and Alan White on drums and drum loops, with production by Noel and Mark "Spike" Stent.
The song achieved significant commercial success, topping the charts in the UK, Ireland, Italy, Spain, and Canada.
It also reached #1 on the UK Indie and Scottish charts, and entered the top 40 in several other countries, including #3 in Norway, #4 on the Eurochart Hot 100, #5 in Finland, #14 on US Alternative Airplay, and #23 in Australia.
By year's end, it ranked #36 in the UK and earned gold certification there for sales exceeding 400,000 units.
Noel Gallagher has described it as the closest Oasis came to sounding like a modern-day Beatles track.
The music video, directed by Nick Egan and shot in Surrey, England, in November 1999, depicts an atypical band setup with Liam on rhythm guitar, Noel on bass, new guitarist Gem Archer on lead, and Alan on drums.
It features Liam singing aboard a double-decker bus before the group performs in a field. B-sides included "(As Long as They've Got) Cigarettes in Hell" and "Let's All Make Believe," the latter of which was praised by Q magazine as one of the best songs of the 2000s.