Disclosure of information about terms and conditions of hedging instruments and how they affect future cash flows [abstract]

Summary of the Impact of Hedging Instruments on Consolidated Statements of Financial Position

The impact of the hedging instruments on the interim condensed consolidated statements of financial position as of March 31, 2026 and December 31, 2025 was as follows:


	Notional amount		Carrying amount		Financial statement line item	Changes in fair value (gain/(loss)) used for calculating hedge ineffectiveness
(in USD and thousands except notional amount in EUR and thousands)
Forward foreign currency contracts
As of March 31, 2026	€	1,382,650	$	26,484	Prepaid expenses and other current assets	$	(16,447	)
			$	926	Accrued expenses and other current liabilities
			$	3,897	Other non-current liabilities
As of December 31, 2025	€	500,000	$	40,615	Prepaid expenses and other current assets	$	103,553

Summary of Reconciliation of Cash Flow Hedge Component of Equity

Set out below is a reconciliation of the cash flow hedge component of equity for the three months ended March 31, 2026 and 2025:


	Cash flow hedge
	2026			2025
(in USD and thousands)
As of January 1	$	40,615		$	(39,797	)
Effective portion of changes in fair value arising from:
Forward foreign currency contracts - forecasted expenditures		(16,447	)		37,694
Amount reclassified to the interim condensed consolidated statements of operations
Maturity of effective hedges		(2,507	)		734
As of March 31	$	21,661		$	(1,369	)