v3.25.2
Fair Value Measurements (Tables)
 6 Months Ended
Jun. 30, 2025
Fair Value Disclosures [Abstract]  
Fair Value, Assets and Liabilities Measured on Recurring Basis The following table presents our assets and liabilities that are measured at fair value on a recurring basis and are categorized using the fair value hierarchy.

June 30, 2025December 31, 2024
TotalLevel 1Level 2TotalLevel 1Level 2
Assets
Money market funds$1,974 $1,974 $6,475 $6,475 
Available-for-sale debt investments:
Commercial paper164 $164 165 $165 
Corporate notes342 342 335 335 
U.S. government agencies17 1717 17 
Other equity investments10 10 9 9 
Derivatives183 183 65 65 
Total assets$2,690 $1,984 $706 $7,066 $6,484 $582 
Liabilities
Derivatives($26)($26)($218)($218)
Total liabilities($26) ($26)($218)($218)
Fair Value, Assets Measured on Nonrecurring Basis Using Unobservable Inputs The following table presents the nonrecurring losses recognized for the six months ended June 30 due to long-lived asset impairment and the fair value of the related assets as of the impairment date:

20252024
Fair ValueTotal
Losses		Fair ValueTotal
Losses
Investments ($28) ($17)
Other assets$5 (2) (3)
Property, plant and equipment  (9)
Operating lease equipment
 $15 (5)
Total$5 ($30)$15 ($34)
Fair Values and Related Carrying Values of Financial Instruments
The fair values and related carrying values of financial instruments that are not required to be remeasured at fair value on the Condensed Consolidated Statements of Financial Position were as follows:

June 30, 2025
Carrying
Amount		Total Fair
Value		Level 1Level 2Level 3
Assets
Notes receivable, net$1,040 $1,063 $1,055 $8 
Liabilities
Debt, excluding finance lease obligations (53,143)(52,015)(52,015)
December 31, 2024
Carrying
Amount		Total Fair
Value		Level 1Level 2Level 3
Assets
Notes receivable, net$940 $953 $941 $12 
Liabilities
Debt, excluding finance lease obligations (53,625)(51,089)(51,089)