v3.26.1
Variable interest entities - Schedule of carrying amount of assets and liabilities (Details) - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Jun. 30, 2025
Dec. 31, 2024
Current assets:        
Cash and cash equivalents $ 3,025 $ 4,096 $ 2,876  
Accounts receivable, net of allowance for credit losses of $136 million, $137 million, and $151 million as of June 30, 2026, December 31, 2025, and June 30, 2025, respectively 6,777 5,178 6,490  
Inventories 5,103 5,251 5,051  
Other current assets 789 678 734  
Total current assets 15,752 15,254 15,151  
Property, plant and equipment, net 24,885 24,937 23,017  
Goodwill 13,150 13,099 11,673 $ 11,061
Intangible assets, net 2,037 2,048 1,239  
Operating lease right-of-use assets, net 1,285 1,471 1,295  
Other noncurrent assets 979 1,018 897  
Total assets 58,552 58,329 53,984  
Current liabilities:        
Accounts payable 3,535 3,263 3,303  
Accrued expenses 2,046 2,196 2,266  
Current portion of long-term debt 2,411 1,055 1,064  
Operating lease liabilities 258 286 247  
Other current liabilities 1,622 1,834 1,697  
Total current liabilities 9,977 8,754 8,684  
Long-term debt 15,410 16,478 14,642  
Deferred income tax liabilities 3,509 3,511 3,202  
Noncurrent operating lease liabilities 1,069 1,232 1,096  
Other noncurrent liabilities 3,052 2,876 2,730  
Total liabilities 33,017 32,851 30,354  
Variable interest entity, primary beneficiary        
Current assets:        
Cash and cash equivalents 18 40 27  
Accounts receivable, net of allowance for credit losses of $136 million, $137 million, and $151 million as of June 30, 2026, December 31, 2025, and June 30, 2025, respectively 40 42 43  
Inventories 92 81 91  
Other current assets 33 39 61  
Total current assets 183 202 222  
Property, plant and equipment, net 744 793 849  
Goodwill 180 187 196  
Intangible assets, net 0 0 1  
Operating lease right-of-use assets, net 4 4 4  
Other noncurrent assets 10 9 11  
Total assets 1,121 1,195 1,283  
Current liabilities:        
Accounts payable 97 119 104  
Accrued expenses 38 33 43  
Current portion of long-term debt 318 13 62  
Operating lease liabilities 1 1 1  
Other current liabilities 16 21 25  
Total current liabilities 470 187 235  
Long-term debt 70 377 347  
Deferred income tax liabilities 83 89 95  
Noncurrent operating lease liabilities 3 3 4  
Other noncurrent liabilities 22 21 23  
Total liabilities $ 648 $ 677 $ 704