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DIRECT OPERATING COSTS
6 Months Ended
Jun. 30, 2026
Expenses by nature [abstract]  
DIRECT OPERATING COSTS DIRECT OPERATING COSTS
Direct operating costs are costs incurred to earn revenue and include all attributable expenses. The following table lists direct operating costs for the three and six-month periods ended June 30, 2026, and 2025.
For the three-month
period ended June 30
For the six-month
period ended June 30
US$ MILLIONS2026202520262025
Depreciation and amortization$1,095 $941 $2,170 $1,901 
Cost of inventory1,040 587 1,828 1,209 
Compensation819 792 1,654 1,545 
Fuel, transportation and distribution costs587 527 1,119 1,058 
Operations and maintenance costs496 325 988 623 
Marketing and administrative costs343 299 694 573 
Utilities249 288 516 570 
Other direct operating costs263 236 528 480 
Total$4,892 $3,995 $9,497 $7,959