v3.26.1
INCOME TAX EXPENSE (Reconciliation of effective income tax) (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Disclosure of income tax [Abstract]      
Income before income tax $ 648,239 $ 728,005 $ 1,320,782
Income tax expense at statutory tax rate (187,988) (327,243) (643,686)
Non taxable income 25,525 0 39,755
Non deductible expenses 0 (5,793) 0
Current tax expense related to Pillar II (15,637) (21,436) 0
Effect of currency translation on tax base 304,263 (170,078) 180,582
Recognition of previously unrecognized deferred tax assets 0 25,438 128,634
Provision for tax losses (44,024) (55,112) (53,122)
Write-down of deferred tax assets (427,835) 0 0
Recovery of income tax 552 0 13,429
Income tax expense $ (345,144) $ (554,224) $ (334,408)