v3.26.3
Goodwill and Intangible Assets
9 Months Ended
Sep. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Goodwill and Intangible Assets Goodwill and Intangible Assets
The changes in the carrying amount of goodwill were as follows (in millions):
Carrying Amount
Balance as of December 31, 2025$3,578 
Goodwill acquired6,623 
Foreign currency translation adjustments(189)
Balance as of September 30, 2026$10,012 
Intangible assets, net consists of the following (in millions):
September 30, 2026December 31, 2025
Developed technology$3,461 $1,316 
Customer relationships
858 238 
Patents83 83 
Other191 72 
Intangible assets, gross$4,593 $1,709 
Less: accumulated amortization(999)(588)
Intangible assets, net$3,594 $1,121 
The weighted-average useful life of the acquired developed technology for the nine months ended September 30, 2026 and 2025 was approximately six years and five years, respectively. The weighted-average useful life of the acquired customer relationships for the nine months ended September 30, 2026 and 2025 was approximately five years and three years, respectively. Amortization expense for intangible assets for the three months ended September 30, 2026 and 2025 was $198 million and $33 million, respectively, and for the nine months ended September 30, 2026 and 2025 was $494 million and $79 million, respectively.
The following table presents the estimated future amortization expense related to intangible assets held as of September 30, 2026 (in millions):
Fiscal Period:
Remainder of 2026$197 
2027783 
2028730 
2029702 
2030649 
Thereafter533 
Total future amortization expense$3,594