v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Assets    
Cash and cash equivalents $ 6,301 $ 6,318
Restricted cash 90 94
Accounts receivable, net 351 363
Inventories 2,037 2,256
Prepaids and other current assets 584 660
Total current assets 9,363 9,691
Property and equipment, net 3,632 3,722
Operating lease right-of-use assets 2,844 2,765
Intangible assets, net 178 190
Deferred tax assets 597 596
Long-term lease deposits and other 785 823
Total assets 17,399 17,787
Liabilities and equity    
Accounts payable 5,965 6,298
Accrued expenses 406 515
Deferred revenue 183 188
Short-term borrowings 1,672 960
Current portion of long-term operating lease obligations 557 545
Other current liabilities 840 851
Total current liabilities 9,623 9,357
Long-term debt 617 648
Long-term operating lease obligations 2,550 2,482
Defined severance benefits and other 679 677
Total liabilities 13,469 13,164
Commitments and contingencies (Note 10)
Equity    
Class A — shares authorized 10,000, outstanding 1,651 and 1,665 Class B — shares authorized 250, outstanding 158 and 158 0 0
Additional paid-in capital 8,757 9,025
Accumulated other comprehensive loss (540) (381)
Accumulated deficit (4,287) (4,021)
Total equity 3,930 4,623
Total liabilities and equity $ 17,399 $ 17,787