XML 15 R2.htm IDEA: XBRL DOCUMENT v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 1,908 $ 2,595
Investments 3,297 3,204
Accounts receivable, net 71 184
Inventory 146 153
Prepaid expenses and other current assets 348 408
Total current assets 5,770 6,544
Investments, non-current 2,251 2,336
Property, plant and equipment, net 2,086 2,134
Right-of-use assets, operating leases 706 719
Other non-current assets 675 605
Total assets 11,488 12,338
Current liabilities:    
Accounts payable 161 317
Accrued liabilities 1,912 1,386
Deferred revenue 102 99
Other current liabilities 220 185
Total current liabilities 2,395 1,987
Deferred revenue, non-current 154 153
Operating lease liabilities, non-current 645 653
Financing lease liabilities, non-current 13 20
Long-term debt 590 590
Other non-current liabilities 283 285
Total liabilities 4,080 3,688
Commitments and contingencies (Note 12)
Stockholders’ equity:    
Preferred stock, par value $0.0001; 162 shares authorized as of March 31, 2026 and December 31, 2025; no shares issued or outstanding at March 31, 2026 and December 31, 2025 0 0
Common stock, par value $0.0001; 1,600 shares authorized as of March 31, 2026 and December 31, 2025; 397 and 394 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively 0 0
Additional paid-in capital 1,503 1,382
Accumulated other comprehensive income 25 45
Retained earnings 5,880 7,223
Total stockholders’ equity 7,408 8,650
Total liabilities and stockholders’ equity $ 11,488 $ 12,338