Trade and Other Receivables (Tables)

12 Months Ended

Dec. 31, 2025

Trade and other receivables [abstract]

Summary of Trade and Other Receivables

Trade and other receivables consist of the following:


			December 31,
(millions of U.S. dollars)			2025		2024
Trade receivables			1,165		1,113
Less: Allowance for expected credit losses			(23)		(23)
Less: Allowance for sales adjustments			(31)		(32)
Net trade receivables			1,111		1,058
Other receivables			32		29
Trade and other receivables			1,143		1,087

Summary of Aging of Trade Receivables

The aging of trade receivables at each reporting date are as follows:


			December 31,
(millions of U.S. dollars)			2025		2024
Current - 30 days			1,024		976
Past due 31-60 days			36		32
Past due 61-90 days			31		34
Past due 91-180 days			32		33
Past due >180 days			42		38
Balance as of December 31			1,165		1,113

Summary of Change in Allowance for Doubtful Accounts

The change in the allowance for expected credit losses are as follows:


			December 31,
(millions of U.S. dollars)			2025		2024
Balance at beginning of year			23		21
Bad debt expense			34		45
Write-offs			(39)		(48)
Acquisitions			-		3
Disposals of businesses			-		(1)
Translation and other, net			5		3
Balance at end of year			23		23