v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 2,630 $ 3,443
Restricted cash 10 6
Inventories 4,079 3,533
Prepaid expenses and other current assets 978 612
Assets held for sale 0 757
Total current assets 11,665 10,868
Operating lease assets 1,498 1,514
Property, plant and equipment 26,026 25,802
Less: Accumulated depreciation (10,339) (9,969)
Property, plant and equipment, net 15,687 15,833
Equity investments 3,875 3,963
Goodwill 705 708
Intangible assets, net 394 450
Other assets 658 667
Total assets 34,482 34,003
Current liabilities:    
Current maturities of long-term debt 1,461 588
Short-term debt 234 226
Accrued and other current liabilities 2,179 1,956
Liabilities held for sale 0 665
Total current liabilities 7,107 6,129
Long-term debt 11,215 12,124
Operating lease liabilities 1,310 1,327
Other liabilities 1,704 1,900
Deferred income taxes 2,352 2,316
Commitments and contingencies
Redeemable non-controlling interests 114 114
Shareholders’ equity:    
Ordinary shares, €0.04 par value, 1,275 million shares authorized, 323,004,034 and 322,084,769 shares outstanding, respectively 19 19
Additional paid-in capital 6,130 6,148
Retained earnings 7,044 6,812
Accumulated other comprehensive loss (1,022) (1,310)
Treasury stock, at cost, 17,418,464 and 18,337,729 ordinary shares, respectively (1,500) (1,587)
Total Company share of shareholders’ equity 10,671 10,082
Non-controlling interests 9 11
Total equity 10,680 10,093
Total liabilities, redeemable non-controlling interests and equity 34,482 34,003
Trade    
Current assets:    
Accounts receivable: 3,754 2,362
Current liabilities:    
Accounts payable: 2,738 2,250
Related parties    
Current assets:    
Accounts receivable: 214 155
Current liabilities:    
Accounts payable: $ 495 $ 444