v3.25.4
Software (Tables)
12 Months Ended
Dec. 31, 2025
Software [Member]  
Statement [LineItems]  
Summary of Software

Software consists of the following:

 

(millions of U.S. dollars)

Internally Developed

 

Acquisitions - Business Combinations(1)

Purchased

Total

Cost:

 

 

 

 

 

December 31, 2023

5,140

 

636

82

5,858

Additions

569

 

306

2

877

Removed from service

(99)

 

-

-

(99)

Disposals of businesses

(52)

 

-

-

(52)

Translation and other, net

8

 

(20)

(2)

(14)

December 31, 2024

5,566

 

922

82

6,570

Additions

593

 

288

-

881

Removed from service

(120)

 

-

-

(120)

Disposals of businesses

(2)

 

-

-

(2)

Translation and other, net

6

 

47

1

54

December 31, 2025

6,043

 

1,257

83

7,383

Accumulated amortization:

 

 

 

 

 

December 31, 2023

(4,288)

 

(256)

(78)

(4,622)

Amortization

(469)

 

(147)

(2)

(618)

Removed from service

99

 

-

-

99

Disposals of businesses

27

 

-

-

27

Translation and other, net

(3)

 

(1)

1

(3)

December 31, 2024

(4,634)

 

(404)

(79)

(5,117)

Amortization

(513)

 

(206)

(2)

(721)

Removed from service

120

 

-

-

120

Disposals of businesses

2

 

-

-

2

Translation and other, net

(5)

 

(16)

(1)

(22)

December 31, 2025

(5,030)

 

(626)

(82)

(5,738)

Carrying amount:

 

 

 

 

 

December 31, 2024

932

 

518

3

1,453

December 31, 2025

1,013

 

631

1

1,645

 

(1)
See note 30 for further information on acquired software assets.