v3.25.4
Property and Equipment (Tables)
12 Months Ended
Dec. 31, 2025
Property, Plant and Equipment [Abstract]  
Schedule of Property and Equipment, and Classification of Depreciation
 December 31, 2025
CostAccumulated depreciation and impairmentNet book
value
(in US $ millions)
Leasehold improvements(1)
159 118 41 
Computer equipment38 30 
Furniture and equipment31 27 
 228 175 53 
 December 31, 2024
 CostAccumulated depreciation and impairmentNet book
value
(in US $ millions)
Leasehold improvements149 115 34 
Computer equipment40 29 11 
Furniture and equipment28 26 
 217 170 47 
(1) $5 million of leasehold improvements were impaired and disposed of in the year ended December 31, 2025 (December 31, 2023 - $12 million). See Note 11 for details.
The following table illustrates the classification of depreciation in the consolidated statements of operations and comprehensive income:
Years ended
 December 31, 2025December 31, 2024December 31, 2023
(in US $ millions)
Cost of revenues— — 
Sales and marketing
Research and development11 13 
General and administrative
 18 22 28