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Supplemental Financial Information
9 Months Ended
Sep. 30, 2025
Supplemental Financial Information  
Supplemental Financial Information Supplemental Financial InformationInterest Expense, Net
Three months ended
September 30,
Nine months ended
September 30,
(in millions)2025202420252024
Interest expense$739 $720 $2,179 $2,106 
Interest income(72)(129)(207)(556)
Interest expense, net$667 $591 $1,972 $1,550 
Inventories
(in millions)September 30,
2025
December 31,
2024
Finished goods$1,579 $1,173 
Work-in-process2,277 1,951 
Raw materials1,082 1,057 
Inventories$4,938 $4,181 
Property and Equipment, Net
(in millions)September 30,
2025
December 31,
2024
Property and equipment, gross$13,229 $12,267 
Accumulated depreciation(7,746)(7,133)
Property and equipment, net$5,483 $5,134 
Depreciation expense was $192 million for the three months and $559 million for the nine months ended September 30, 2025 and $191 million for the three months and $558 million for the nine months ended September 30, 2024.