v3.26.1
FAIR VALUE MEASUREMENTS (Tables)
 6 Months Ended
Jun. 30, 2026
Fair Value Disclosures [Abstract]  
Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis
Assets and liabilities measured at fair value are classified in the categories described in the table below:
(In millions)Level 1Level 2Level 3Total
June 30, 2026
Recurring fair value measurements
ASSETS:
Money market fund investments and certificates of deposit $15,603 $— $— $15,603 
Equity securities296 — — 296 
Foreign currency exchange derivatives— 44 — 44 
LIABILITIES:
Foreign currency exchange derivatives$— $54 $— $54 
Nonrecurring fair value measurements
Investments in equity securities of private entities
$— $— $11 $11 
December 31, 2025
Recurring fair value measurements
ASSETS:
Money market fund investments and certificates of deposit $15,316 $— $— $15,316 
Equity securities428 — — 428 
Foreign currency exchange derivatives— 47 — 47 
LIABILITIES:
Foreign currency exchange derivatives$— $40 $— $40 
Nonrecurring fair value measurements
Investments in equity securities of private entities
$— $30 $13 $43 
Long-lived assets (1)
— — 179 179 
Goodwill (1)
— — 203 203 
(1)    Fair value measurement as of September 30, 2025. See Note 11 to the Consolidated Financial Statements in the Company's Annual Report on Form 10-K for the year ended December 31, 2025 for additional information.