v3.26.1
OTHER GAINS AND LOSSES - NET (Tables)
 3 Months Ended
Mar. 31, 2026
Other Income and Expenses [Abstract]  
Schedule of other gains and losses
Three months ended March 31,
(in millions of U.S. dollars)
Notes
2026
2025
Operating income and expenses
Realized gains / (losses) on derivatives (A)
38
6
Unrealized gains / (losses) on derivatives at fair value through profit and loss - net
(A)
12
42
(12)
Unrealized exchange gains / (losses) from the remeasurement of monetary assets
and liabilities – net
1
(1)
Impairment of assets
(4)
—
Restructuring costs
(3)
(1)
Result from the flood in Valais
3
—
4
Non-operating income and expenses
Expenses on factoring arrangements
8
(4)
(5)
Pension and other post-employment benefits 
13
3
3
Other
—
1
Total other gains and losses - net
73
(5)
(A)Realized and unrealized gains and losses are related to derivatives entered into with the purpose of mitigating exposure to volatility in
foreign currencies and commodity prices and that do not qualify for hedge accounting.