RESTRUCTURING (Tables)

12 Months Ended

Dec. 31, 2025

Restructuring and Related Activities [Abstract]

Schedule of restructuring reserve by type of cost

The following table is a rollforward of the liability related to the restructuring charges:


In millions of dollars	Personnel costs		Other		Total
Beginning balance at January 1, 2023	$	—	$	—	$	—
Restructuring charge	$	687	$	94	$	781
Payments and utilization	—		(69)		(69)
Foreign exchange	—		—		—
Balance at December 31, 2023	$	687	$	25	$	712
Restructuring charge	$	354	$	54	$	408
Change in estimate(1)(2)	(146)		(3)		(149)
Net restructuring charges	$	208	$	51	$	259
Payments and utilization	$	(860)	$	(76)	$	(936)
Foreign exchange	7		—		7
Balance at December 31, 2024	$	42	$	—	$	42
Restructuring charge	$	1	$	—	$	1
Change in estimate(1)(2)	(15)		—		(15)
Net restructuring charges	$	(14)	$	—	$	(14)
Payments and utilization	$	(23)	$	—	$	(23)
Foreign exchange	(5)		—		(5)
Balance at December 31, 2025	$	—	$	—	$	—

(1) Revisions primarily relate to higher-than-anticipated redeployments of displaced employees to other positions within the Company, job function releveling and employee attrition.

(2) Revisions primarily relate to lower-than-anticipated costs associated with contract terminations.