v3.26.1
Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2026
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
Assets Measured at Fair Value
June 30
December 31
2026
2025
Cash and cash equivalents
$3,391
$4,011
Trading marketable securities
336
307
Level 1 - Assets
$3,727
$4,318
Available-for-sale marketable securities:
Corporate and asset-backed debt securities
$47
$52
United States treasury debt securities
38
37
Total available-for-sale marketable securities
$85
$89
Foreign currency exchange forward contracts
81
46
Level 2 - Assets
$166
$135
Total assets measured at fair value
$3,893
$4,453
Liabilities Measured at Fair Value
June 30
December 31
2026
2025
Deferred compensation arrangements
$336
$307
Level 1 - Liabilities
$336
$307
Foreign currency exchange forward contracts
$107
$170
Level 2 - Liabilities
$107
$170
Contingent consideration:
Beginning
$518
$452
Additions
271
123
Change in estimate and foreign exchange
7
24
Settlements
(40)
(81)
Ending
$756
$518
Level 3 - Liabilities
$756
$518
Total liabilities measured at fair value
$1,199
$995
Investments Classified by Contractual Maturity Date
Fair Value of Available for Sale Securities by Maturity
June 30
December 31
2026
2025
Due in one year or less
$31
$41
Due after one year through three years
$54
$48