CONTRACTS IN PROGRESS (Tables)

6 Months Ended

Jun. 30, 2026

Construction Contracts [Abstract]

Schedule of contracts in progress


(US$ MILLIONS)						June 30, 2026						December 31, 2025
Contract costs incurred to date						$	13,181					$	12,361
Profit recognized to date						573						524
						$	13,754					$	12,885
Less: progress billings						(14,110)						(13,159)
Contract work in progress (liability)						$	(356)					$	(274)
Comprising:
Amounts due from customers – work in progress						$	102					$	118
Amounts due to customers – creditors						(458)						(392)
Net work in progress						$	(356)					$	(274)