| Supplemental Financial Information |
Supplemental Financial InformationInterest Expense, Net | | | | | | | | | | | | | Three months ended
March 31, | | (in millions) | 2026 | | 2025 | | Interest expense | $ | 717 | | | $ | 700 | | | Interest income | (72) | | | (73) | | | Interest expense, net | $ | 645 | | | $ | 627 | |
Inventories | | | | | | | | | | | | | (in millions) | March 31,
2026 | | December 31,
2025 | | Finished goods | $ | 1,806 | | | $ | 1,580 | | | Work-in-process | 2,137 | | | 2,287 | | | Raw materials | 1,106 | | | 1,084 | | | Inventories | $ | 5,049 | | | $ | 4,951 | |
Property and Equipment, Net | | | | | | | | | | | | | (in millions) | March 31,
2026 | | December 31,
2025 | | Property and equipment, gross | $ | 13,731 | | | $ | 13,530 | | | Accumulated depreciation | (8,044) | | | (7,902) | | | Property and equipment, net | $ | 5,687 | | | $ | 5,628 | |
Depreciation expense was $188 million for the three months ended March 31, 2026 and $181 million for the three months ended March 31, 2025.
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