XML 25 R3.htm IDEA: XBRL DOCUMENT v3.25.4
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 2,595 $ 1,927
Investments 3,204 5,098
Accounts receivable, net 184 358
Inventory 153 117
Prepaid expenses and other current assets 408 599
Total current assets 6,544 8,099
Investments, non-current 2,336 2,494
Property, plant and equipment, net 2,134 2,196
Right-of-use assets, operating leases 719 759
Other non-current assets 605 594
Total assets 12,338 14,142
Current liabilities:    
Accounts payable 317 405
Accrued liabilities 1,386 1,427
Deferred revenue 99 153
Other current liabilities 185 221
Total current liabilities 1,987 2,206
Deferred revenue, non-current 153 58
Operating lease liabilities, non-current 653 671
Financing lease liabilities, non-current 20 39
Long-term debt 590 0
Other non-current liabilities 285 267
Total liabilities 3,688 3,241
Commitments and contingencies (Note 12)
Stockholders’ equity:    
Preferred stock, $0.0001; 162 shares authorized as of December 31, 2025 and 2024; no shares issued or outstanding at December 31, 2025 and 2024 0 0
Common stock, par value $0.0001; 1,600 shares authorized as of December 31, 2025 and 2024; 394 and 386 shares issued and outstanding as of December 31, 2025 and 2024, respectively 0 0
Additional paid-in capital 1,382 866
Accumulated other comprehensive income (loss) 45 (10)
Retained earnings 7,223 10,045
Total stockholders’ equity 8,650 10,901
Total liabilities and stockholders’ equity $ 12,338 $ 14,142