Other assets

12 Months Ended

Dec. 31, 2025

Miscellaneous assets [abstract]

Other assets

Other assets

Other assets consisted of the following:

	December 31, 2025	December 31, 2024
Current tax assets ...........................................................................................................................	$18	$21
VAT receivables ..............................................................................................................................	41	37
Commercial agreement assets ....................................................................................................	155	65
Derivatives ........................................................................................................................................	21	10
Accrued income ..............................................................................................................................	70	78
Prepaid expenses ...........................................................................................................................	49	28
Equity investments .........................................................................................................................	15	24
Collateral for derivatives ...............................................................................................................	14	69
Securitization partner receivable ................................................................................................	54	—
Other receivables ............................................................................................................................	50	32
Total ...................................................................................................................................................	$487	$364

During 2025, we granted warrants to certain partners in relation to the commercial agreements, of

which we recognized $85 million under commercial assets related to the fair market value of the service to

be amortized over the period of the agreement over which the related services are expected to be

received. As of December 31, 2025, $75 million of this balance was outstanding under commercial

agreement assets. Refer to Note 22 for details.