v3.26.3
Summary of Significant Accounting Policies (Tables)
 9 Months Ended
Sep. 30, 2026
Accounting Policies [Abstract]  
Schedule of Segment Reporting Information, by Segment
Segment information for the three and nine months ended September 30, 2026 and 2025 is as follows:

Three Months Ended September 30,Nine Months Ended September 30,
2026202520262025
(in millions)
Net sales and operating revenues$8,040 $5,647 $21,848 $14,719 
Cost of sales6,519 4,499 17,672 11,578 
Gross profit1,521 1,148 4,176 3,141 
Compensation and benefits
255 209 737 609 
Advertising152 102 391 258 
Market occupancy
18 17 55 49 
Logistics
68 43 170 118 
Other (1)
312 224 846 647 
Other operating expense, net2 1 2 3 
Operating income714 552 1,975 1,457 
Interest expense, net98 125 298 407 
Loss on debt extinguishment53 14 53 16 
Other expense, net11 154 52 92 
Net income before income taxes552 259 1,572 942 
Income tax provision (benefit)69 (4)171 (2)
Net income$483 $263 $1,401 $944 
(1) Other costs include all other selling, general and administrative expenses such as IT expenses, corporate occupancy, professional services and insurance, limited warranty, and title and registration.