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v3.26.1

Supplemental Financial Information | 3 Months Ended
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Mar. 31, 2026
Supplemental Financial Information |
Supplemental Financial Information | Supplemental Financial Information
Interest Expense, Net
| Three months ended March 31,
(in millions) | 2026 |  | 2025
Interest expense | $ | 717 |  |  | $ | 700 |
Interest income | (72) |  |  | (73) |
Interest expense, net | $ | 645 |  |  | $ | 627 |
Inventories
(in millions) | March 31, 2026 |  | December 31, 2025
Finished goods | $ | 1,806 |  |  | $ | 1,580 |
Work-in-process | 2,137 |  |  | 2,287 |
Raw materials | 1,106 |  |  | 1,084 |
Inventories | $ | 5,049 |  |  | $ | 4,951 |
Property and Equipment, Net
(in millions) | March 31, 2026 |  | December 31, 2025
Property and equipment, gross | $ | 13,731 |  |  | $ | 13,530 |
Accumulated depreciation | (8,044) |  |  | (7,902) |
Property and equipment, net | $ | 5,687 |  |  | $ | 5,628 |
Depreciation expense was $188 million for the three months ended March 31, 2026 and $181 million for the three months ended March 31, 2025.

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