v3.25.4
Cash and Cash Equivalents
12 Months Ended
Dec. 31, 2025
Text block [abstract]  
Cash and Cash Equivalents

Note 13: Cash and Cash Equivalents

The components of cash and cash equivalents include the following:

 

 

 

 

                                 December 31,

(millions of U.S. dollars)

 

2025

 

2024

Cash

 

 

 

 

 

   Cash at banks and on hand

 

 

276

 

873

Cash equivalents

 

 

 

 

 

   Money market accounts and other securities

 

 

235

 

1,095

Cash and cash equivalents

 

 

511

 

1,968

Of total cash and cash equivalents, $140 million and $115 million as of December 31, 2025 and 2024, respectively, were held in subsidiaries which have regulatory restrictions, contractual restrictions or operate in countries where exchange controls and other legal restrictions apply and were therefore not available for general use by the Company.