v3.26.3
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Operating activities:    
Net income $ 2,173.6 $ 2,077.1
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and loss on disposal of property, plant, and equipment 559.0 446.3
Amortization of intangible and other assets 85.0 37.3
Accretion of discounts, amortization of premiums, and (gains) losses on investments, net (28.1) (42.3)
Gain on sale of business and assets (7.9) 0.0
Deferred income taxes 315.9 58.6
Share-based compensation expense 632.0 584.9
Changes in operating assets and liabilities, net of effects of acquisitions:    
Accounts receivable (103.2) (34.2)
Inventory (822.0) (810.4)
Prepaids and other assets (167.7) (248.9)
Accounts payable 26.1 97.0
Accrued compensation and employee benefits (149.6) (80.2)
Deferred revenue 52.1 47.6
Other liabilities 631.8 5.2
Net cash provided by operating activities 3,197.0 2,138.0
Investing activities:    
Purchase of investments (1,460.3) (790.9)
Proceeds from sales of investments 1,845.1 249.1
Proceeds from maturities of investments 1,373.5 1,795.5
Proceeds from sale of assets 46.0 0.0
Purchase of property, plant, and equipment (329.0) (377.3)
Acquisition of business, net of cash, and intellectual property and other investing activities (518.6) (1.2)
Net cash provided by investing activities 956.7 875.2
Financing activities:    
Proceeds from issuance of common stock relating to employee stock plans 283.8 273.7
Taxes paid related to net share settlement of equity awards (378.5) (406.0)
Repurchase of common stock (4,419.2) (2,094.3)
Other financing activities (21.3) 0.0
Net cash used in financing activities (4,535.2) (2,226.6)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash (3.5) 0.5
Net increase (decrease) in cash, cash equivalents, and restricted cash (385.0) 787.1
Cash, cash equivalents, and restricted cash, beginning of period 3,407.4 2,062.4
Cash, cash equivalents, and restricted cash, end of period 3,022.4 2,849.5
Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract]    
Equipment transfers, including operating lease assets, from inventory to property, plant, and equipment 670.5 580.1
Acquisition of property, plant, and equipment in accounts payable and accrued liabilities $ 82.1 $ 79.9