| REVENUES |
REVENUES (a)Revenues by type The tables below summarize the Corporation’s segment revenues by type of revenue for the three and six months ended June 30, 2026 and 2025: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, 2026 | | (US$ MILLIONS) | | Business services | | Infrastructure services | | Industrials | | | | Total | | Revenues by type | | | | | | | | | | | | Revenues from contracts with customers | | $ | 1,661 | | | $ | 495 | | | $ | 3,619 | | | | | $ | 5,775 | | | Other revenues | | 455 | | | 267 | | | — | | | | | 722 | | | Total revenues | | $ | 2,116 | | | $ | 762 | | | $ | 3,619 | | | | | $ | 6,497 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Six Months Ended June 30, 2026 | | (US$ MILLIONS) | | Business services | | Infrastructure services | | Industrials | | | | Total | | Revenues by type | | | | | | | | | | | | Revenues from contracts with customers | | $ | 3,241 | | | $ | 986 | | | $ | 7,254 | | | | | $ | 11,481 | | | Other revenues | | 921 | | | 531 | | | — | | | | | 1,452 | | | Total revenues | | $ | 4,162 | | | $ | 1,517 | | | $ | 7,254 | | | | | $ | 12,933 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, 2025 | | (US$ MILLIONS) | | Business services | | Infrastructure services | | Industrials | | | | Total | | Revenues by type | | | | | | | | | | | | Revenues from contracts with customers | | $ | 1,974 | | | $ | 485 | | | $ | 3,548 | | | | | $ | 6,007 | | | Other revenues | | 405 | | | 279 | | | 4 | | | | | 688 | | | Total revenues | | $ | 2,379 | | | $ | 764 | | | $ | 3,552 | | | | | $ | 6,695 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Six Months Ended June 30, 2025 | | (US$ MILLIONS) | | Business services | | Infrastructure services | | Industrials | | | | Total | | Revenues by type | | | | | | | | | | | | Revenues from contracts with customers | | $ | 4,039 | | | $ | 955 | | | $ | 7,070 | | | | | $ | 12,064 | | | Other revenues | | 832 | | | 540 | | | 8 | | | | | 1,380 | | | Total revenues | | $ | 4,871 | | | $ | 1,495 | | | $ | 7,078 | | | | | $ | 13,444 | |
(b)Timing of recognition of revenues from contracts with customers The tables below summarize the Corporation’s segment revenues by timing of revenue recognition for total revenues from contracts with customers for the three and six months ended June 30, 2026 and 2025: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, 2026 | | (US$ MILLIONS) | | Business services | | Infrastructure services | | Industrials | | | | Total | | Timing of revenue recognition | | | | | | | | | | | | Goods and services provided at a point in time | | $ | 166 | | | $ | 190 | | | $ | 3,503 | | | | | $ | 3,859 | | | Services transferred over a period of time | | 1,495 | | | 305 | | | 116 | | | | | 1,916 | | | Total revenues from contracts with customers | | $ | 1,661 | | | $ | 495 | | | $ | 3,619 | | | | | $ | 5,775 | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Six Months Ended June 30, 2026 | | (US$ MILLIONS) | | Business services | | Infrastructure services | | Industrials | | | | Total | | Timing of revenue recognition | | | | | | | | | | | | Goods and services provided at a point in time | | $ | 345 | | | $ | 361 | | | $ | 7,039 | | | | | $ | 7,745 | | | Services transferred over a period of time | | 2,896 | | | 625 | | | 215 | | | | | 3,736 | | | Total revenues from contracts with customers | | $ | 3,241 | | | $ | 986 | | | $ | 7,254 | | | | | $ | 11,481 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, 2025 | | (US$ MILLIONS) | | Business services | | Infrastructure services | | Industrials | | | | Total | | Timing of revenue recognition | | | | | | | | | | | | Goods and services provided at a point in time | | $ | 487 | | | $ | 169 | | | $ | 3,436 | | | | | $ | 4,092 | | | Services transferred over a period of time | | 1,487 | | | 316 | | | 112 | | | | | 1,915 | | | Total revenues from contracts with customers | | $ | 1,974 | | | $ | 485 | | | $ | 3,548 | | | | | $ | 6,007 | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Six Months Ended June 30, 2025 | | (US$ MILLIONS) | | Business services | | Infrastructure services | | Industrials | | | | Total | | Timing of revenue recognition | | | | | | | | | | | | Goods and services provided at a point in time | | $ | 1,089 | | | $ | 332 | | | $ | 6,873 | | | | | $ | 8,294 | | | Services transferred over a period of time | | 2,950 | | | 623 | | | 197 | | | | | 3,770 | | | Total revenues from contracts with customers | | $ | 4,039 | | | $ | 955 | | | $ | 7,070 | | | | | $ | 12,064 | | | | | | | | | | | | | | | | | | | | | | | |
(c)Revenues by geography The tables below summarize the Corporation’s segment revenues by geography for the three and six months ended June 30, 2026 and 2025: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, 2026 | | (US$ MILLIONS) | | Business services | | Infrastructure services | | Industrials | | | | Total | | United States | | $ | 400 | | | $ | 188 | | | $ | 1,524 | | | | | $ | 2,112 | | | Europe | | — | | | 127 | | | 815 | | | | | 942 | | | Australia | | 578 | | | 53 | | | 27 | | | | | 658 | | | Brazil | | 276 | | | 3 | | | 363 | | | | | 642 | | | United Kingdom | | 289 | | | 77 | | | 66 | | | | | 432 | | | Mexico | | — | | | — | | | 362 | | | | | 362 | | | Canada | | 115 | | | 16 | | | 113 | | | | | 244 | | | | | | | | | | | | | | Other | | 3 | | | 31 | | | 349 | | | | | 383 | | | Total revenues from contracts with customers | | $ | 1,661 | | | $ | 495 | | | $ | 3,619 | | | | | $ | 5,775 | | | Other revenues | | 455 | | | 267 | | | — | | | | | 722 | | | Total revenues | | $ | 2,116 | | | $ | 762 | | | $ | 3,619 | | | | | $ | 6,497 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Six Months Ended June 30, 2026 | | (US$ MILLIONS) | | Business services | | Infrastructure services | | Industrials | | | | Total | | United States | | 809 | | | 382 | | | 2,986 | | | | | 4,177 | | | Europe | | — | | | 254 | | | 1,735 | | | | | 1,989 | | | Australia | | 1,097 | | | 102 | | | 51 | | | | | 1,250 | | | Brazil | | 542 | | | 9 | | | 693 | | | | | 1,244 | | | United Kingdom | | $ | 573 | | | $ | 152 | | | $ | 142 | | | | | $ | 867 | | | Mexico | | 1 | | | — | | | 677 | | | | | 678 | | | Canada | | 213 | | | 26 | | | 253 | | | | | 492 | | | Other | | 6 | | | 61 | | | 717 | | | | | 784 | | | | | | | | | | | | | | | | | | | | | | | | | Total revenues from contracts with customers | | $ | 3,241 | | | $ | 986 | | | $ | 7,254 | | | | | $ | 11,481 | | | Other revenues | | 921 | | | 531 | | | — | | | | | 1,452 | | | Total revenues | | $ | 4,162 | | | $ | 1,517 | | | $ | 7,254 | | | | | $ | 12,933 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, 2025 | | (US$ MILLIONS) | | Business services | | Infrastructure services | | Industrials | | | | Total | | United States | | $ | 398 | | | $ | 184 | | | $ | 1,526 | | | | | $ | 2,108 | | | Europe | | — | | | 129 | | | 838 | | | | | 967 | | | Australia | | 962 | | | 53 | | | 31 | | | | | 1,046 | | | Brazil | | 225 | | | 3 | | | 303 | | | | | 531 | | | United Kingdom | | 299 | | | 77 | | | 77 | | | | | 453 | | | | | | | | | | | | | | Mexico | | — | | | — | | | 299 | | | | | 299 | | | Canada | | 87 | | | 11 | | | 129 | | | | | 227 | | | Other | | 3 | | | 28 | | | 345 | | | | | 376 | | | | | | | | | | | | | | Total revenues from contracts with customers | | $ | 1,974 | | | $ | 485 | | | $ | 3,548 | | | | | $ | 6,007 | | | Other revenues | | 405 | | | 279 | | | 4 | | | | | 688 | | | Total revenues | | $ | 2,379 | | | $ | 764 | | | $ | 3,552 | | | | | $ | 6,695 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Six Months Ended June 30, 2025 | | (US$ MILLIONS) | | Business services | | Infrastructure services | | Industrials | | | | Total | | United States | | 809 | | | 366 | | | 3,011 | | | | | 4,186 | | | Europe | | — | | | 256 | | | 1,706 | | | | | 1,962 | | | Australia | | 2,007 | | | 94 | | | 58 | | | | | 2,159 | | | Brazil | | 433 | | | 12 | | | 582 | | | | | 1,027 | | | United Kingdom | | $ | 611 | | | $ | 150 | | | $ | 151 | | | | | $ | 912 | | | Mexico | | — | | | — | | | 586 | | | | | 586 | | | Canada | | 166 | | | 23 | | | 268 | | | | | 457 | | | | | | | | | | | | | | | | | | | | | | | | | Other | | 13 | | | 54 | | | 708 | | | | | 775 | | | Total revenues from contracts with customers | | $ | 4,039 | | | $ | 955 | | | $ | 7,070 | | | | | $ | 12,064 | | | Other revenues | | 832 | | | 540 | | | 8 | | | | | 1,380 | | | Total revenues | | $ | 4,871 | | | $ | 1,495 | | | $ | 7,078 | | | | | $ | 13,444 | |
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