v3.26.1
Note 30 - Cash flow disclosures - Cash Flow Disclosures (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Changes in working capital      
Inventories $ 151,728 $ 184,996 $ 186,903
Receivables and prepayments, contract assets and current tax assets (31,509) (60,456) 64,000
Trade receivables 25,079 550,334 153,920
Other liabilities (20,753) (100,133) 28,275
Customer advances (41,454) (71,100) (101,646)
Trade payables (35,319) (216,724) (149,024)
Increase (decrease) in working capital [1] 47,772 286,917 182,428
Income tax accruals less payments      
Tax accrued 500,616 479,680 674,956
Taxes paid (531,837) (702,190) (818,347)
Adjustments for income tax expense (31,221) (222,510) (143,391)
Interest accruals less payments, net      
Interest accrued, net (205,305) (181,107) (106,612)
Interest received 226,160 240,809 147,473
Interest paid (24,759) (60,769) (94,341)
Interest income (expense) $ (3,904) $ (1,067) $ (53,480)
[1] Changes in working capital do not include non-cash movements due to the variations in the exchange rates used by subsidiaries with functional currencies different from the U.S. dollar for an amount of $(39.4) million for 2025, $30.3 million for 2024 and $(16.7) million for 2023.