v3.26.1
TRADE PAYABLES AND OTHER
 3 Months Ended
Mar. 31, 2026
Payables and Accruals [Abstract]  
TRADE PAYABLES AND OTHER NOTE 10 - TRADE PAYABLES AND OTHER
At March 31,
2026
At December
31, 2025
(in millions of U.S. dollars)
Current
Current
Trade payables
1,529
1,222
Employees' entitlements
262
268
Other payables
182
184
Total other
444
452
Total trade payables and other
1,973
1,674
Contract liabilities and other liabilities to customers
Revenue related to contract liabilities and other liabilities to customers for the three months ended March 31, 2026 and
2025 are presented in the table below:
Three months ended March 31,
(in millions of U.S. dollars)
2026
2025
Contract liabilities and other liabilities to customers at January 1,
113
98
Revenue deferred to contract liabilities
12
13
Revenue recognized from contract liabilities
(12)
(11)
Effect of changes in foreign currency rates and other changes
(3)
2
Contract liabilities and other liabilities to customers at March 31,
110
102