v3.26.1
INCOME TAXES - Reconciliation between statutory and effective income tax (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Major components of tax expense (income) [abstract]      
Profit before tax from continuing operations $ 785 $ 704 $ 559
Income tax expense at statutory rates noted above (71) (63) (144)
Different tax rates in different jurisdictions (31) (72) 66
Non-deductible expenses (94) (14) (50)
Non-taxable income 43 40 30
Adjustments in respect of previous years 7 (10) (14)
Movements in (un)recognized deferred tax assets 55 (23) (35)
Withholding taxes (21) (45) (32)
Uncertain tax positions (81) (26) 2
Change in income tax rate 0 0 4
Other (1) (4) (6)
Income tax expense $ (194) $ (217) $ (179)
Effective tax rate 24.70% 30.80% 32.00%