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CONTRACTS IN PROGRESS (Tables)
 12 Months Ended
Dec. 31, 2025
Construction Contracts [Abstract]  
Schedule of Disclosure of contracts in progress
(US$ MILLIONS)
2025
2024
2023
Contract costs incurred to date
$
12,361 
$
11,241 
$
13,519 
Profit recognized to date
524 
203 
170 
12,885 
11,444 
13,689 
Less: progress billings
(13,159)
(11,692)
(13,990)
Contract work in progress (liability)
$
(274)
$
(248)
$
(301)
Comprising:
 
 
Amounts due from customers — work in progress (1)
$
118 
$
170 
$
200 
Amounts due to customers — creditors (2)
(392)
(418)
(501)
Net work in progress
$
(274)
$
(248)
$
(301)
____________________________________
(1)The change in the balance from December 31, 2024 was due to billed amounts of $2,134 million, additions to work in progress of $2,182 million, dispositions of $115 million and an increase of $15 million from other changes.
(2)The change in the balance from December 31, 2024 was due to recognized revenue of $347 million, additions to work in progress of $291 million and an increase of $30 million from other changes.