v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 5,492.9 $ 5,084.8
Marketable securities 1,753.8 1,523.3
Accounts receivable, net 1,996.1 2,052.8
Inventories 1,766.7 1,686.8
Prepaid expenses and other current assets 720.8 853.3
Total current assets 11,730.3 11,201.0
Property and equipment, net 1,608.4 1,520.3
Goodwill 1,088.0 1,088.0
Other intangible assets, net 418.5 424.2
Deferred tax assets 2,947.8 2,897.9
Operating lease assets 1,685.1 1,562.7
Long-term marketable securities 5,749.9 5,712.3
Other assets 1,256.4 1,236.6
Total assets 26,484.4 25,643.0
Current liabilities:    
Accounts payable 489.3 461.7
Accrued expenses 2,984.2 2,971.2
Other current liabilities 407.1 428.3
Total current liabilities 3,880.6 3,861.2
Long-term operating lease liabilities 1,986.5 1,846.5
Other long-term liabilities 1,255.4 1,269.5
Total liabilities 7,122.5 6,977.2
Commitments and contingencies (Note L)
Shareholders’ equity:    
Preferred stock, $0.01 par value; 1,000,000 shares authorized; none issued 0.0 0.0
Common stock, $0.01 par value; 500,000,000 shares authorized, 254,163,953 and 253,991,224 shares issued and outstanding, respectively 2.5 2.5
Additional paid-in capital 4,743.2 5,119.2
Accumulated other comprehensive income (loss) 24.8 (15.9)
Retained earnings 14,591.4 13,560.0
Total shareholders’ equity 19,361.9 18,665.8
Total liabilities and shareholders’ equity $ 26,484.4 $ 25,643.0