Accrued Expenses And Other Payables (Tables)

12 Months Ended

Dec. 31, 2025

Payables and Accruals [Abstract]

Schedule of Accrued Expenses And Other Payables

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

	December 31, 2025		December 31, 2024
Unrealized losses on derivative contracts	$	757	$	972
Accrued compensation	419		346
Income tax payable	83		167
Other taxes payable	181		138
Accrued interest payable	158		153
Insurance liabilities	165		172
Contract liabilities (1)	333		534
Other deferred income	191		156
Other accruals and payables	1,026		1,092
	$	3,313	$	3,730

(1) Contract liabilities relate to advance payments from customers for goods and services the Company has yet to provide. Revenues recognized in the year ended December 31, 2025 from contract liabilities as of December 31, 2024 were $529 million. Revenues recognized in the year ended December 31, 2024 from contract liabilities as of December 31, 2023 were $529 million.