| Supplemental Financial Information |
Supplemental Financial InformationInterest Expense, Net | | | | | | | | | | | | | | | | | | | | | | | | | Three months ended June 30, | | Six months ended June 30, | | (in millions) | 2026 | | 2025 | | 2026 | | 2025 | | Interest expense | $ | 746 | | | $ | 740 | | | $ | 1,463 | | | $ | 1,440 | | | Interest income | (67) | | | (62) | | | (139) | | | (135) | | | Interest expense, net | $ | 679 | | | $ | 678 | | | $ | 1,324 | | | $ | 1,305 | |
Inventories | | | | | | | | | | | | | (in millions) | June 30, 2026 | | December 31, 2025 | | Finished goods | $ | 1,671 | | | $ | 1,580 | | | Work-in-process | 2,316 | | | 2,287 | | | Raw materials | 1,140 | | | 1,084 | | | Inventories | $ | 5,127 | | | $ | 4,951 | |
Property and Equipment, Net | | | | | | | | | | | | | (in millions) | June 30, 2026 | | December 31, 2025 | | Property and equipment, gross | $ | 13,955 | | | $ | 13,530 | | | Accumulated depreciation | (8,159) | | | (7,902) | | | Property and equipment, net | $ | 5,796 | | | $ | 5,628 | |
Depreciation expense was $194 million for the three months and $382 million for the six months ended June 30, 2026 and $186 million for the three months and $367 million for the six months ended June 30, 2025.
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