v3.26.3
Derivative instruments and hedge accounting (Tables)
 9 Months Ended
Sep. 30, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of derivative instruments in statement of financial position
September 30, 2026
(in millions of $)Notional amountDerivative assetsDerivative liabilities
Other current assetsOther non-current assetOther current liabilitiesOther non-current liabilities
Interest rate swaps (Euribor)874.3 — 17.9 — — 
Interest rate swaps (SOFR)945.0 — 22.0 — — 
Total - Interest rate swaps1,819.3 — 39.9 — — 
Foreign currency hedges2,121.5 — — (31.8)(17.2)
Total - Foreign currency hedges 2,121.5 — — (31.8)(17.2)
Total3,940.8 — 39.9 (31.8)(17.2)
December 31, 2025
(in millions of $)Notional amountDerivative assetsDerivative liabilities
Other current assetsOther non-current assetOther current liabilitiesOther non-current liabilities
Interest rate swaps (Euribor)904.8 — 0.1 — (2.5)
Interest rate swaps (SOFR)945.0 — — — (4.8)
Total - Interest rate swaps1,849.8 — 0.1 — (7.3)
Foreign currency hedges926.7 3.7 — (0.3)(0.3)
Total - Foreign currency hedges926.7 3.7 — (0.3)(0.3)
Total2,776.5 3.7 0.1 (0.3)(7.6)
Schedule of cash flow hedges included in accumulated other comprehensive income (loss)
Amounts deferred in Accumulated other comprehensive income (loss) for the interest rate hedge accounting were reclassified to the consolidated statement of operations as follows:
Nine Months Ended September 30,
(in millions of $)20262025
Gains (losses) recognized in OCI49.6 (6.5)
Reclassified to interest expense(2.4)1.0
The following table represents the amounts recognized in the statement of operation for the foreign currency hedge accounting, started in August 2025:

Nine Months Ended September 30,
(in millions of $)20262025
Gains (losses) recognized in OCI(43.2)6.0 
Recycled to revenue(0.2)(0.1)
Changes in spot-forward differential18.81.9
Schedule of offsetting derivative assets
Derivative instruments subject to master netting agreements are presented in the following table:
September 30, 2026
 (in millions of $)Gross Amounts of Recognized Assets/LiabilitiesGross Amounts Offset in the Statements of Financial PositionNet Amounts of Assets/Liabilities Presented in the Statements of Financial PositionGross Amounts Not Offset in the Statements of Financial PositionNet Amount
Financial InstrumentsCash Collateral Received
Derivative assets 39.9 — 39.9 — — 39.9 
From which interest hedges39.9 — 39.9 — — 39.9 
From which FX hedges— — — — — — 
Derivative liabilities (49.0)— (49.0)— — (49.0)
From which interest hedges— — — — — — 
From which FX hedges(49.0)— (49.0)— — (49.0)
December 31, 2025
(in millions of $)Gross Amounts of Recognized Assets/LiabilitiesGross Amounts Offset in the Statement of Financial PositionNet Amounts of Assets/Liabilities Presented in the Statements of Financial PositionGross Amounts Not Offset in the Statements of Financial PositionNet Amount
Financial InstrumentsCash Collateral Received
Derivative assets3.8 — 3.8 (0.2)— 3.6 
From which interest hedges0.1 — 0.1 — — 0.1 
From which FX hedges3.7 — 3.7 (0.2)— 3.5 
Derivative liabilities(7.9)— (7.9)0.2 — (7.7)
From which interest hedges(7.3)— (7.3)— — (7.3)
From which FX hedges(0.6)— (0.6)0.2 — (0.4)
Schedule of offsetting derivative liabilities
Derivative instruments subject to master netting agreements are presented in the following table:
September 30, 2026
 (in millions of $)Gross Amounts of Recognized Assets/LiabilitiesGross Amounts Offset in the Statements of Financial PositionNet Amounts of Assets/Liabilities Presented in the Statements of Financial PositionGross Amounts Not Offset in the Statements of Financial PositionNet Amount
Financial InstrumentsCash Collateral Received
Derivative assets 39.9 — 39.9 — — 39.9 
From which interest hedges39.9 — 39.9 — — 39.9 
From which FX hedges— — — — — — 
Derivative liabilities (49.0)— (49.0)— — (49.0)
From which interest hedges— — — — — — 
From which FX hedges(49.0)— (49.0)— — (49.0)
December 31, 2025
(in millions of $)Gross Amounts of Recognized Assets/LiabilitiesGross Amounts Offset in the Statement of Financial PositionNet Amounts of Assets/Liabilities Presented in the Statements of Financial PositionGross Amounts Not Offset in the Statements of Financial PositionNet Amount
Financial InstrumentsCash Collateral Received
Derivative assets3.8 — 3.8 (0.2)— 3.6 
From which interest hedges0.1 — 0.1 — — 0.1 
From which FX hedges3.7 — 3.7 (0.2)— 3.5 
Derivative liabilities(7.9)— (7.9)0.2 — (7.7)
From which interest hedges(7.3)— (7.3)— — (7.3)
From which FX hedges(0.6)— (0.6)0.2 — (0.4)