Trade and other payables (Tables)

6 Months Ended

Jun. 30, 2026

Trade and other payables [abstract]

Schedule of trade and other payables


		As of June 30,		As of December 31,
(in millions of $)		2026		2025
Trade payables		718		554
Sales rebates and reserves		441		402
Short‑term employee benefits		197		212
Other payables		158		99
Total trade and other payables		1,515		1,267

Schedule of movement in the sales rebates and reserves

The following table summarizes the movement in the sales rebates and reserves:


(in millions of $)		Rebates and chargebacks		Distribution fees and product returns		Total sales rebates and reserves
Balance on January 1, 2026		368		34		402
Current estimate related to the sales made in the current period		628		108		736
Adjustment for prior year sales		(44)		–		(45)
Credits or payments		(551)		(101)		(651)
Foreign currency translation differences		(1)		–		(1)
Balance on June 30, 2026		400		41		441