v3.26.1
INCOME TAXES - Schedule of Income Tax Recognized in Profit or Loss (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Income Taxes [Abstract]      
Current income tax expense $ 379 $ 356 $ 348
Origination and reversal of temporary differences 14 18 22
Change in tax rates or the imposition of new taxes (8) (8) 4
Deferred tax assets recognized 0 (1) (6)
Total income tax expense 385 365 368
Net income before income tax and non-controlling interests 1,085 437 974
Income tax expense calculated at the domestic rates applicable to profits in the country concerned 202 120 328
Change in tax rates and new legislation (8) (8) 4
International operations subject to different tax rates 42 46 6
Taxable income attributable to non-controlling interests (1) 1 0
Deferred tax assets recognized 0 (1) (6)
Foreign exchange (17) 31 (6)
Non-deductible dividends on exchangeable shares 60 56 47
Non-deductible remeasurement adjustments on exchangeable and class B shares 117 126 (9)
Permanent differences and other $ (10) $ (6) $ 4