Provisions and Other Non-Current Liabilities (Tables)

12 Months Ended

Dec. 31, 2025

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Summary of Provisions and Other Non-Current Liabilities

The components of provisions and other non-current liabilities include the following:


			December 31,
(millions of U.S. dollars)			2025		2024
Net defined benefit plan obligations (see note 27)			504		523
Deferred compensation and employee incentives			75		75
Provisions			64		62
Other non-current liabilities			13		15
Total provisions and other non-current liabilities			656		675

Summary of Movement in Provisions

The following table presents the movement in provisions for the years ended December 31, 2025 and 2024:


(millions of U.S. dollars)			Employee- Related	Facilities- Related	Other	Total
Balance as of December 31, 2023			45	23	95	163
Charges			21	-	19	40
Utilization			(45)	(2)	(29)	(76)
Translation and other, net			(1)	(1)	-	(2)
Balance as of December 31, 2024			20	20	85	125
Less: short-term provisions			20	1	42	63
Long-term provisions			-	19	43	62
Balance as of December 31, 2024			20	20	85	125
Charges			30	-	4	34
Utilization			(27)	(2)	(3)	(32)
Translation and other, net			-	1	2	3
Balance as of December 31, 2025			23	19	88	130
Less: short-term provisions			23	-	43	66
Long-term provisions			-	19	45	64