v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY - USD ($)
shares in Millions, $ in Millions
Total
Revision of Prior Period, Accounting Standards Update, Adjustment
Common Stock Shares
Treasury Stock
Additional Paid-In Capital
Accumulated Other Comprehensive Income (Loss)
Retained Earnings
Retained Earnings
Revision of Prior Period, Accounting Standards Update, Adjustment
Beginning balance (in shares) at Dec. 31, 2024     993          
Beginning balance at Dec. 31, 2024 $ 20,417 $ 20   $ (27,085) $ 20,705 $ (550) $ 27,347 $ 20
Increase (Decrease) in Stockholders' Equity                
Net income 1,287           1,287  
Foreign CTA, net 109         109    
Tax (expense) benefit on foreign CTA, net (7)         (7)    
Unrealized (losses) gains on cash flow hedges, net (176)         (176)    
Tax (expense) benefit on unrealized gains (losses) on cash flow hedges, net 9         9    
Unrealized (losses) gains on available-for-sale debt securities, net (9)         (9)    
Tax benefit on unrealized losses on available-for-sale debt securities, net 2         2    
Common stock and stock-based awards issued, net of shares withheld for employee taxes (in shares)     5          
Common stock and stock-based awards issued, net of shares withheld for employee taxes (171)       (171)      
Common stock repurchased (in shares)     (19)          
Common stock repurchased (1,512)     (1,512)        
Stock-based compensation 285       285      
Ending balance (in shares) at Mar. 31, 2025     979          
Ending balance at Mar. 31, 2025 $ 20,254     (28,597) 20,819 (622) 28,654  
Beginning balance (in shares) at Dec. 31, 2025 920   920          
Beginning balance at Dec. 31, 2025 $ 20,256     (33,138) 21,582 (658) 32,470  
Increase (Decrease) in Stockholders' Equity                
Net income 1,113           1,113  
Foreign CTA, net (34)         (34)    
Tax (expense) benefit on foreign CTA, net 4         4    
Unrealized (losses) gains on cash flow hedges, net 192         192    
Tax (expense) benefit on unrealized gains (losses) on cash flow hedges, net (13)         (13)    
Unrealized (losses) gains on available-for-sale debt securities, net (5)         (5)    
Tax benefit on unrealized losses on available-for-sale debt securities, net 1         1    
Common stock and stock-based awards issued, net of shares withheld for employee taxes (in shares)     6          
Common stock and stock-based awards issued, net of shares withheld for employee taxes (139)       (139)      
Common stock repurchased (in shares)     (34)          
Common stock repurchased (1,513)     (1,513)        
Cash dividends declared ($0.14 per share) (130)           (130)  
Stock-based compensation $ 292       292      
Ending balance (in shares) at Mar. 31, 2026 892   892          
Ending balance at Mar. 31, 2026 $ 20,024     $ (34,651) $ 21,735 $ (513) $ 33,453