v3.26.1
Leases (Tables)
 6 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Schedule of Components of Total Lease Cost and Supplemental Condensed Consolidated Cash Flow and Other Information and Information Relating To Lease Term and Discount Rate
The components of total lease cost related to leases for the periods presented were as follows (in millions):
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Operating lease cost:
Operating lease cost$500 $180 $888 $336 
Finance lease cost:
Amortization of ROU assets9 9 19 16 
Interest on lease liabilities8 6 16 8 
Total finance lease cost 17 15 35 24 
Variable lease cost150 58 282 102 
Total lease cost$667 $253 $1,205 $462 
Supplemental condensed consolidated cash flow and other information related to leases for the periods presented were as follows (in millions):
Six Months Ended June 30,
20262025
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows used in operating leases$707 $301 
Operating cash flows used in finance leases8 4 
Financing cash flows used in finance leases33 28 
Information relating to the lease term and discount rate for leases were as follows:
June 30,
2026		December 31,
2025
Weighted-average remaining lease term (in years):
Operating leases1211
Finance leases55
Weighted-average discount rate:
Operating leases10%10%
Finance leases10%10%
Schedule of Supplemental Consolidated Balance Sheet
Supplemental condensed consolidated balance sheet information related to leases were as follows (in millions):
June 30,
2026		December 31,
2025
Operating leases:
Operating lease ROU assets
$16,595 $8,231 
Operating lease liabilities, current
$584 $427 
Operating lease liabilities, non-current
15,735 7,768 
Total operating lease liabilities
$16,319 $8,195 
Finance leases:
Property and equipment
$500 $500 
Less: amortization
(75)(56)
Property and equipment, net
$425 $444 
Finance lease liabilities, current
$7 $38 
Finance lease liabilities, non-current
214 216 
Total finance lease liabilities
$221 $254 
Schedule of Future Lease Payments of Operating Lease Liabilities
The future lease payments included in the measurement of the Company’s operating lease liabilities and finance lease liabilities as of June 30, 2026, were as follows (in millions):
Future Payments
Years Ending December 31,Operating
Leases 		Finance Leases
Remaining portion of 2026$1,028 $12 
20272,116 223 
20282,306 — 
20292,373 — 
20302,289 — 
Thereafter19,023 — 
Total undiscounted lease payments29,135 235 
Less: imputed interest(12,816)(14)
Present value of lease liabilities$16,319 $221 
Schedule of Future Lease Payments of Finance Lease Liabilities
The future lease payments included in the measurement of the Company’s operating lease liabilities and finance lease liabilities as of June 30, 2026, were as follows (in millions):
Future Payments
Years Ending December 31,Operating
Leases 		Finance Leases
Remaining portion of 2026$1,028 $12 
20272,116 223 
20282,306 — 
20292,373 — 
20302,289 — 
Thereafter19,023 — 
Total undiscounted lease payments29,135 235 
Less: imputed interest(12,816)(14)
Present value of lease liabilities$16,319 $221 
As of June 30, 2026, the future contractual principal payments under the financing obligation and finance lease due to the DCSP were as follows (in millions):
Years Ending December 31,Financing obligationFinance lease
Remaining portion of 2026$10 $9 
202720 19 
202820 19 
202920 19 
203020 19 
Thereafter155 148 
Total future payments245 233 
Less: amount representing interest(133)(115)
Total financing obligation$112 $118 
Less: current portion(3)(4)
Long-term portion$109 $114