v3.26.3
Goodwill and intangible assets (Tables)
 9 Months Ended
Sep. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Schedule of goodwill
The following table summarizes the changes in the carrying amount of goodwill for the nine months ended September 30, 2026:
2026
(in millions of $)
EquipmentServicesTotal
Balance as of January 1,618.8 1,067.8 1,686.6 
Acquisitions— 22.2 22.2 
Foreign currency effect(15.4)(26.6)(42.0)
Balance as of September 30,603.4 1,063.4 1,666.8 
Schedule of finite-lived intangible assets
Intangible assets:
September 30, 2026
(in millions of $)
Gross carrying amount
Accumulated amortization
Net
Customer relationships
884.0 (496.8)387.2 
Capitalized development costs
463.3 (352.2)111.1 
Trade names & trademarks (indefinite)
201.5 — 201.5 
Developed technology
0.8 (0.6)0.2 
Total (1)
1,549.6 (849.6)700.0 
(1) Certain intangible assets are denominated in foreign currencies. As such, the change in intangible assets includes a component attributable to foreign currency translation.
December 31, 2025
 (in millions of $)
Gross carrying amount
Accumulated amortization
Net
Customer relationships
912.4 (473.4)439.0 
Capitalized development costs
465.3 (334.2)131.1 
Trade names & trademarks (indefinite)
207.0 — 207.0 
Developed technology
0.8 (0.6)0.2 
Total (1)
1,585.5 (808.2)777.3 
(1) Certain intangible assets are denominated in foreign currencies. As such, the change in intangible assets includes a component attributable to foreign currency translation.
Schedule of indefinite-lived intangible assets
Intangible assets:
September 30, 2026
(in millions of $)
Gross carrying amount
Accumulated amortization
Net
Customer relationships
884.0 (496.8)387.2 
Capitalized development costs
463.3 (352.2)111.1 
Trade names & trademarks (indefinite)
201.5 — 201.5 
Developed technology
0.8 (0.6)0.2 
Total (1)
1,549.6 (849.6)700.0 
(1) Certain intangible assets are denominated in foreign currencies. As such, the change in intangible assets includes a component attributable to foreign currency translation.
December 31, 2025
 (in millions of $)
Gross carrying amount
Accumulated amortization
Net
Customer relationships
912.4 (473.4)439.0 
Capitalized development costs
465.3 (334.2)131.1 
Trade names & trademarks (indefinite)
207.0 — 207.0 
Developed technology
0.8 (0.6)0.2 
Total (1)
1,585.5 (808.2)777.3 
(1) Certain intangible assets are denominated in foreign currencies. As such, the change in intangible assets includes a component attributable to foreign currency translation.