Accrued Expenses and Other Payables (Tables)

9 Months Ended

Sep. 30, 2026

Accrued Liabilities and Other Liabilities [Abstract]

Schedule of Accrued Expenses and Other Payables

The following table sets forth the items in accrued expenses and other payables (in millions).


	September 30,		December 31,
	2026		2025
Unrealized losses on derivative contracts	$	1,211	$	757

Accrued compensation	508		419
Income tax payable	136		83
Other taxes payable	207		181

Insurance liabilities	107		165
Accrued interest payable	112		158
Other deferred income	82		191
Contract liabilities (1)	159		333

Other accruals and payables	1,255		1,026
	$	3,777	$	3,313

(1) Contract liabilities relate to advance payments from customers for goods and services the Company has yet to provide. Revenues recognized in the three and nine months ended September 30, 2026 from contract liabilities as of December 31, 2025 were $16 million and $325 million, respectively. Revenues recognized in the three and nine months ended September 30, 2025 from contract liabilities as of December 31, 2024 were $44 million and $524 million, respectively.