v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 13,989 $ 9,129
Trade receivables, net 10,227 9,570
Inventories 6,220 6,225
Other current assets 4,525 4,133
Total current assets 34,961 29,057
Property, plant and equipment, net 8,547 7,913
Intangible assets, net 20,487 22,276
Goodwill 18,668 18,680
Other noncurrent assets 12,976 12,660
Total assets 95,639 90,586
Current liabilities:    
Accounts payable 2,865 2,367
Accrued liabilities 17,192 18,523
Current portion of long-term debt 5,445 4,599
Total current liabilities 25,502 25,489
Long-term debt 51,859 50,005
Long-term deferred tax liabilities 1,301 1,366
Long-term tax liabilities 2,844 2,690
Other noncurrent liabilities 2,445 2,378
Contingencies and commitments (see Note 13)
Stockholders’ equity:    
Common stock and additional paid-in capital; $0.0001 par value; 2,750.0 shares authorized; outstanding—540.6 shares in 2026 and 538.8 shares in 2025 34,082 34,023
Accumulated deficit (22,275) (25,107)
Accumulated other comprehensive loss (119) (258)
Total stockholders’ equity 11,688 8,658
Total liabilities and stockholders’ equity $ 95,639 $ 90,586