v3.26.1
ACCOUNTS PAYABLE AND OTHER (Tables)
 12 Months Ended
Dec. 31, 2025
Subclassifications of assets, liabilities and equities [abstract]  
Schedule of Accounts Payable and Other
As of
US$ MILLIONSDec. 31, 2025Dec. 31, 2024
Current:  
Accounts payable$102 $67 
Accrued & other liabilities828 653 
Deferred revenue(1)
278 274 
Total current$1,208 $994 
Non-current:  
Deferred revenue(1)
$117 $165 
Provisions & other liabilities57 55 
Total non-current$174 $220 
(1)Deferred revenue relates primarily to cash contributions from third parties to build future natural gas and electricity connections at our company’s U.K. regulated distribution operation and advance customer payments for container leases at our global intermodal logistics operation. The deferred revenue is recorded on receipt of cash payments and recognized as revenue as services are rendered over the life of the connections arrangement. Of the deferred revenue outstanding at December 31, 2025, 70% is estimated to be realized during 2026, 15% during 2027, 4% during 2028, and 11% will be realized in more than 3 years.