Total employee compensation expense recognized in income is as follows: | | | | | | | | | | | | | | | (amounts in millions) | | 2026 | | 2025 | | Salaries and other short-term employee benefits | $ | 1,724.7 | | $ | 1,697.0 | | Share-based payments expense, net of equity swap (Note 25) | | 60.0 | | | 45.9 | | Post-employment benefits – defined benefit plans (Note 21) | | 42.2 | | | 37.4 | | | Post-employment benefits – defined contribution plans | | 42.6 | | | 39.8 | | | Termination benefits | | 13.7 | | | 35.0 | | | Total employee compensation | $ | 1,883.2 | | $ | 1,855.1 | |
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