XML 275 R27.htm IDEA: XBRL DOCUMENT v3.26.1
Other assets and liabilities (Tables)
 12 Months Ended
Dec. 31, 2025
Subclassifications of assets, liabilities and equities [abstract]  
Schedule of trade receivables
20252024
(US$ millions)
Gross trade receivables1,027 800 
Less: provisions for expected credit losses(500)(411)
Trade receivables, net527 390 
Movements in provisions for expected credit losses in 2025

Allowance for doubtful accounts - Trade receivablesAllowance for other doubtful accounts - Other receivablesTotal
(US$ millions)
Opening balance, net(407)(4)(411)
Change in scope (see note A.1.2. and A.2.2.)(31)— (31)
(Additional)/Reversal Allowances(113)(1)(113)
Used79 — 79 
Transfers2 — 2 
Translation differences(26)— (27)
Other 1 — 1 
Closing balance, net(495)(5)(500)
Aging of trade receivables
Aging of trade receivables
Neither past due nor impairedPast due (net of impairments)
30–90 days>90 daysTotal
(US$ millions)
2025:
Telecom operators12 6 7 24 
Own customers294 77 60 430 
Others44 7 21 72 
Total
350 90 87 527 
2024:
Telecom operators8 8 10 26 
Own customers214 47 42 303 
Others29 9 22 61 
Total
252 64 74 390 
Inventories
Inventories
20252024
(US$ millions)
Telephone and equipment56 32 
SIM cards4 2 
Other10 9 
Inventory at December 31,70 44 

Movements in provisions for inventories in 2025

Allowance for Telephone and equipment - ObsolescenceTotal
(US$ millions)
Opening balance, net(3)(3)
Change in scope(1)(1)
(Additional)/Reversal Allowances(1)(1)
Used1 1 
Closing balance, net(5)(5)
Provisions and other liabilities
Current
20252024
(US$ millions)
Current Provisions subtotal (see below)45 141 
Deferred revenue106 95 
Customer deposits15 12 
Tax payables53 51 
Customer and MFS distributor cash balances31 38 
Withholding tax on payments to third parties63 26 
Other current liabilities (i)151 60 
Total464 421 
(ii) Includes $30 million installment still payable on or before July 15, 2026 on the now settled Telefonica Costa Rica case (see note G.3.1.).

Movements in current provisions in 2025
Current provisions Legal ProvisionAsset retirement obligationsEmployment obligationsTax risks
(See Note G.3.2.)		OtherTotal
(US$ millions)
Opening balance97 8 10 20 5 141 
Additions3 2 5 1 — 11 
Used (Payments)(22)(2)(11)(4)— (40)
Reversals(6)— — — (1)(7)
Transfers— — — — — 1 
Transfers to other liabilities (see note G.3.1)(62)— — — — (62)
Exchange rate movements(1)—— 3 — 2 
Closing balance10 8 4 20 4 45 
Non-current
20252024
(US$ millions)
Non-current legal provisions16 6 
Long-term portion of asset retirement obligations201 159 
Long-term employment obligations81 59 
Other provisions14 2 
Non-Current provisions subtotal (see below)312 225 
Long-term portion of deferred income on tower sale and leasebacks recognized13 23 
Other non-current liabilities65 35 
Total390 283 

Movements in Non-current provisions in 2025
Non-Current provisionsLegal ProvisionAsset retirement obligationsBenefit obligationsOtherTotal
(US$ millions)
Opening balance6 159 59 2 225 
Change in scope — 8 16 12 36 
Additions12 49 11 — 72 
Used (Payments)— (14)(8)— (22)
Reversals(1)(5)(4)— (10)
Financial Update— 10 — — 10 
Transfers— — — — (1)
Transfer to/from held for sale— (10)— — (10)
Exchange rate movements(1)4 7 — 11 
Closing balance16 201 81 14 312 
Contract assets
Contract assets, net
20252024
(US$ millions)
Long-term portion27 21 
Short-term portion65 59 
Less: provisions for expected credit losses(4)(3)
Total88 77 
Contract costs, net (i)
FY252024
(US$ millions)
Net at January 112 12 
Change in scope13 — 
Contract costs capitalized5 5 
Amortization of contract costs(4)(5)
Net at December 3126 12 
(i)    Incremental costs of obtaining a contract are expensed when incurred if the amortization period of the asset that Millicom otherwise would have recognized is one year or less.
Contract liabilities
Contract liabilities
20252024
(US$ millions)
Long-term portion1 — 
Short-term portion143 121 
Total144 121