v3.26.1
III. FINANCIAL RISK MANAGEMENT - Financial Instruments and Classification Within the Fair Value Hierarchy (Details) - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Assets      
Cash and cash equivalents $ 572,647 $ 675,256 $ 1,637,821
Other investments - current 2,306,760 2,372,999  
Derivative financial instruments 1,875 7,484  
Other investments - non-current 758,085 1,005,300  
Current trade receivables 1,920,840 1,907,507  
Other receivables 443,273 435,973  
Liabilities      
Borrowings C and NC 305,722 437,398 583,437
Other liabilities C and NC 687,795 887,526  
Trade payables 872,913 880,261  
Lease Liabilities C and NC 143,249 144,926 134,433
Derivative financial instruments 14,330 8,300  
Derivative liabilities [member]      
Liabilities      
Derivative financial instruments 14,330 8,300  
Other liabilities [member]      
Liabilities      
Other liabilities C and NC 65,115 [1] 275,249 [2]  
Other liabilities (non-financial) [member]      
Liabilities      
Other liabilities C and NC 622,680 612,277  
Derivatives [member]      
Assets      
Derivative financial instruments 1,875 7,484  
Other receivables [member]      
Assets      
Other receivables 190,124 191,058  
Other receivables (non-Financial) [member]      
Assets      
Other receivables 253,149 244,915  
Fixed Income (time-deposit, zero coupon bonds, commercial papers) [member]      
Assets      
Other investments - current 827,476 722,328  
Other investments - non-current 95,090 140,292  
Bonds and other fixed income [member]      
Assets      
Other investments - current 1,069,393 1,273,673  
Other investments - non-current 655,867 857,959  
Other investments [member]      
Assets      
Other investments - non-current 7,128 7,049  
Mutual Fund [member]      
Assets      
Other investments - current 409,891 376,998  
Level 1 of fair value hierarchy [member]      
Assets      
Cash and cash equivalents 258,919 355,044  
Other investments - current 1,479,284 1,650,671  
Other investments - non-current 655,867 857,959  
Current trade receivables  
Other receivables  
Total 2,394,070 2,863,674  
Liabilities      
Borrowings C and NC  
Other liabilities C and NC  
Trade payables  
Lease Liabilities C and NC  
Total  
Level 1 of fair value hierarchy [member] | Derivative liabilities [member]      
Liabilities      
Derivative financial instruments  
Level 1 of fair value hierarchy [member] | Other liabilities [member]      
Liabilities      
Other liabilities C and NC [1] [2]  
Level 1 of fair value hierarchy [member] | Other liabilities (non-financial) [member]      
Liabilities      
Other liabilities C and NC  
Level 1 of fair value hierarchy [member] | Derivatives [member]      
Assets      
Derivative financial instruments  
Level 1 of fair value hierarchy [member] | Other receivables [member]      
Assets      
Other receivables  
Level 1 of fair value hierarchy [member] | Other receivables (non-Financial) [member]      
Assets      
Other receivables  
Level 1 of fair value hierarchy [member] | Fixed Income (time-deposit, zero coupon bonds, commercial papers) [member]      
Assets      
Other investments - current  
Other investments - non-current  
Level 1 of fair value hierarchy [member] | Bonds and other fixed income [member]      
Assets      
Other investments - current 1,069,393 1,273,673  
Other investments - non-current 655,867 857,959  
Level 1 of fair value hierarchy [member] | Other investments [member]      
Assets      
Other investments - non-current  
Level 1 of fair value hierarchy [member] | Mutual Fund [member]      
Assets      
Other investments - current 409,891 376,998  
Level 2 of fair value hierarchy [member]      
Assets      
Cash and cash equivalents  
Other investments - current  
Other investments - non-current  
Current trade receivables  
Other receivables  
Total 1,875 7,484  
Liabilities      
Borrowings C and NC  
Other liabilities C and NC  
Trade payables  
Lease Liabilities C and NC  
Total 14,329 8,300  
Level 2 of fair value hierarchy [member] | Derivative liabilities [member]      
Liabilities      
Derivative financial instruments 14,329 8,300  
Level 2 of fair value hierarchy [member] | Other liabilities [member]      
Liabilities      
Other liabilities C and NC [1] [2]  
Level 2 of fair value hierarchy [member] | Other liabilities (non-financial) [member]      
Liabilities      
Other liabilities C and NC  
Level 2 of fair value hierarchy [member] | Derivatives [member]      
Assets      
Derivative financial instruments 1,875 7,484  
Level 2 of fair value hierarchy [member] | Other receivables [member]      
Assets      
Other receivables  
Level 2 of fair value hierarchy [member] | Other receivables (non-Financial) [member]      
Assets      
Other receivables  
Level 2 of fair value hierarchy [member] | Fixed Income (time-deposit, zero coupon bonds, commercial papers) [member]      
Assets      
Other investments - current  
Other investments - non-current  
Level 2 of fair value hierarchy [member] | Bonds and other fixed income [member]      
Assets      
Other investments - current  
Other investments - non-current  
Level 2 of fair value hierarchy [member] | Other investments [member]      
Assets      
Other investments - non-current  
Level 2 of fair value hierarchy [member] | Mutual Fund [member]      
Assets      
Other investments - current    
Level 3 of fair value hierarchy [member]      
Assets      
Cash and cash equivalents  
Other investments - current  
Other investments - non-current 7,128 7,049  
Current trade receivables  
Other receivables  
Total 7,128 7,049 7,411
Liabilities      
Borrowings C and NC  
Other liabilities C and NC 58,888 243,264  
Trade payables  
Lease Liabilities C and NC  
Derivative financial instruments    
Total 58,888 243,264 $ 86,240
Level 3 of fair value hierarchy [member] | Derivative liabilities [member]      
Liabilities      
Derivative financial instruments    
Level 3 of fair value hierarchy [member] | Other liabilities [member]      
Liabilities      
Other liabilities C and NC 58,888 [1] 243,264 [2]  
Level 3 of fair value hierarchy [member] | Other liabilities (non-financial) [member]      
Liabilities      
Other liabilities C and NC  
Level 3 of fair value hierarchy [member] | Derivatives [member]      
Assets      
Derivative financial instruments  
Level 3 of fair value hierarchy [member] | Other receivables [member]      
Assets      
Other receivables  
Level 3 of fair value hierarchy [member] | Other receivables (non-Financial) [member]      
Assets      
Other receivables  
Level 3 of fair value hierarchy [member] | Fixed Income (time-deposit, zero coupon bonds, commercial papers) [member]      
Assets      
Other investments - current  
Other investments - non-current  
Level 3 of fair value hierarchy [member] | Bonds and other fixed income [member]      
Assets      
Other investments - current  
Other investments - non-current  
Level 3 of fair value hierarchy [member] | Other investments [member]      
Assets      
Other investments - non-current 7,128 7,049  
Level 3 of fair value hierarchy [member] | Mutual Fund [member]      
Assets      
Other investments - current    
Financial assets at amortised cost, category [member]      
Assets      
Cash and cash equivalents 313,728 320,212  
Other investments - current 827,476 722,328  
Other investments - non-current 95,090 140,292  
Current trade receivables 1,920,840 1,907,507  
Other receivables 190,124 191,058  
Total 3,347,258 3,281,397  
Liabilities      
Borrowings C and NC 305,722 437,398  
Other liabilities C and NC 6,227 31,985  
Trade payables 872,913 880,261  
Lease Liabilities C and NC 143,249 144,926  
Total 1,328,111 1,494,570  
Financial assets at amortised cost, category [member] | Derivative liabilities [member]      
Liabilities      
Derivative financial instruments  
Financial assets at amortised cost, category [member] | Other liabilities [member]      
Liabilities      
Other liabilities C and NC 6,227 [1] 31,985 [2]  
Financial assets at amortised cost, category [member] | Other liabilities (non-financial) [member]      
Liabilities      
Other liabilities C and NC  
Financial assets at amortised cost, category [member] | Derivatives [member]      
Assets      
Derivative financial instruments  
Financial assets at amortised cost, category [member] | Other receivables [member]      
Assets      
Other receivables 190,124 191,058  
Financial assets at amortised cost, category [member] | Other receivables (non-Financial) [member]      
Assets      
Other receivables  
Financial assets at amortised cost, category [member] | Fixed Income (time-deposit, zero coupon bonds, commercial papers) [member]      
Assets      
Other investments - current 827,476 722,328  
Other investments - non-current 95,090 140,292  
Financial assets at amortised cost, category [member] | Bonds and other fixed income [member]      
Assets      
Other investments - current  
Other investments - non-current  
Financial assets at amortised cost, category [member] | Other investments [member]      
Assets      
Other investments - non-current  
Financial assets at amortised cost, category [member] | Mutual Fund [member]      
Assets      
Other investments - current  
Financial assets at fair value through other comprehensive income, category [member]      
Assets      
Cash and cash equivalents  
Other investments - current 1,069,252 1,273,673  
Other investments - non-current 621,387 857,959  
Current trade receivables  
Other receivables  
Total 1,690,974 2,131,632  
Liabilities      
Borrowings C and NC  
Other liabilities C and NC  
Trade payables  
Lease Liabilities C and NC  
Total 6,327  
Financial assets at fair value through other comprehensive income, category [member] | Derivative liabilities [member]      
Liabilities      
Derivative financial instruments    
Financial assets at fair value through other comprehensive income, category [member] | Other liabilities [member]      
Liabilities      
Other liabilities C and NC [1] [2]  
Financial assets at fair value through other comprehensive income, category [member] | Other liabilities (non-financial) [member]      
Liabilities      
Other liabilities C and NC  
Financial assets at fair value through other comprehensive income, category [member] | Derivatives [member]      
Assets      
Derivative financial instruments 335  
Financial assets at fair value through other comprehensive income, category [member] | Other receivables [member]      
Assets      
Other receivables  
Financial assets at fair value through other comprehensive income, category [member] | Other receivables (non-Financial) [member]      
Assets      
Other receivables  
Financial assets at fair value through other comprehensive income, category [member] | Fixed Income (time-deposit, zero coupon bonds, commercial papers) [member]      
Assets      
Other investments - current  
Other investments - non-current  
Financial assets at fair value through other comprehensive income, category [member] | Bonds and other fixed income [member]      
Assets      
Other investments - current 1,069,252 1,273,673  
Other investments - non-current 621,387 857,959  
Financial assets at fair value through other comprehensive income, category [member] | Other investments [member]      
Assets      
Other investments - non-current  
Financial assets at fair value through other comprehensive income, category [member] | Mutual Fund [member]      
Assets      
Other investments - current  
Financial assets at fair value through other comprehensive income, category [member] | Level 2 of fair value hierarchy [member] | Derivative liabilities [member]      
Liabilities      
Derivative financial instruments 6,327    
Financial assets at fair value through profit or loss, category [member]      
Assets      
Cash and cash equivalents 258,919 355,044  
Other investments - current 410,032 376,998  
Other investments - non-current 41,608 7,049  
Current trade receivables  
Other receivables  
Total 712,099 746,575  
Liabilities      
Borrowings C and NC  
Other liabilities C and NC 58,888 243,264  
Trade payables  
Lease Liabilities C and NC  
Total 66,890 251,564  
Financial assets at fair value through profit or loss, category [member] | Derivative liabilities [member]      
Liabilities      
Derivative financial instruments 8,002 8,300  
Financial assets at fair value through profit or loss, category [member] | Other liabilities [member]      
Liabilities      
Other liabilities C and NC 58,888 [1] 243,264 [2]  
Financial assets at fair value through profit or loss, category [member] | Other liabilities (non-financial) [member]      
Liabilities      
Other liabilities C and NC  
Financial assets at fair value through profit or loss, category [member] | Derivatives [member]      
Assets      
Derivative financial instruments 1,540 7,484  
Financial assets at fair value through profit or loss, category [member] | Other receivables [member]      
Assets      
Other receivables    
Financial assets at fair value through profit or loss, category [member] | Other receivables (non-Financial) [member]      
Assets      
Other receivables  
Financial assets at fair value through profit or loss, category [member] | Fixed Income (time-deposit, zero coupon bonds, commercial papers) [member]      
Assets      
Other investments - current  
Other investments - non-current  
Financial assets at fair value through profit or loss, category [member] | Bonds and other fixed income [member]      
Assets      
Other investments - current    
Other investments - non-current    
Financial assets at fair value through profit or loss, category [member] | Other investments [member]      
Assets      
Other investments - non-current 7,128 7,049  
Financial assets at fair value through profit or loss, category [member] | Mutual Fund [member]      
Assets      
Other investments - current 409,891 $ 376,998  
Financial assets at fair value through profit or loss, category [member] | Level 1 of fair value hierarchy [member] | Bonds and other fixed income [member]      
Assets      
Other investments - non-current 34,480    
Financial assets at fair value through profit or loss, category [member] | Level 1 of fair value hierarchy [member] | Non - U.S. government securities [member]      
Assets      
Other investments - current $ 141    
[1] Includes liability related to share buyback program. See note 35 to these Consolidated Financial Statements.
[2] Includes liability related to share buyback program. See note 35 to these Consolidated Financial Statements.