v3.26.1
Valuation And Qualifying Accounts
12 Months Ended
Dec. 31, 2025
SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]  
Valuation And Qualifying Accounts
Schedule I – Valuation and Qualifying Accounts

(In thousands of U.S. dollars)

Column AColumn BColumn CColumn DColumn E
Description
Balance at beginning of period
Additions (charged to costs and expenses)Deductions (write-offs and actual losses incurred)
Additions resulting from acquisitions
Balance at end of period
Year ended December 31, 2025:     
Provisions for Losses on Long-Term Contracts (*)
110,848133,07626,764—217,160
Provisions for Claims and Potential Contractual Penalties and Others6,0459832,021—5,007
Credit risk (**)
14,006796618—14,184
Valuation Allowance on Deferred Taxes77,913— 30,877—47,036
Year ended December 31, 2024:     
Provisions for Losses on Long-Term Contracts (*)
95,45034,97519,577—110,848
Provisions for Claims and Potential Contractual Penalties and Others3,6612,946562—6,045
Credit risk (**)
9,1725,701867—14,006
Valuation Allowance on Deferred Taxes165,199—87,286—77,913
Year ended December 31, 2023:     
Provisions for Losses on Long-Term Contracts (*)
80,96238,56024,072—95,450
Provisions for Claims and Potential Contractual Penalties and Others2,5571,244140—3,661
Credit risk (**)
9,162674664—9,172
Valuation Allowance on Deferred Taxes164,906293——165,199



(*)    As of December 31, 2025, 2024 and 2023 an amount of $30,861, $41,032 and $34,820, respectively, is presented as a deduction from inventories. As of December 31, 2025, 2024 and 2023 an amount of $186,299, $69,816 and $60,630, respectively, is presented as part of other payables and accrued expenses.
(**)    As of December 31, 2025, an amount of $7,473 and $6,711 is related to corporate customers and government customers, respectively.