Accrued Liabilities and Other (Tables)

6 Months Ended

Jun. 30, 2025

Payables and Accruals [Abstract]

Schedule of Accrued Liabilities and Other Current Liabilities

Our accrued liabilities and other current liabilities consisted of the following (in millions):

	June 30, 2025		December 31, 2024
Accrued purchases (1)	$	2,278	$	2,253
Accrued warranty reserve, current portion	2,226		1,917
Payroll and related costs	1,662		1,532
Taxes payable (2)	1,051		1,367
Customer deposits	1,412		993
Operating lease liabilities, current portion	892		807
Sales return reserve, current portion	385		305
Other current liabilities	1,613		1,549
Total	$	11,519	$	10,723

(1)Accrued purchases primarily reflects receipts of goods and services for which we had not yet been invoiced. As we are invoiced for these goods and services, this balance will reduce and accounts payable will increase.

(2)Taxes payable primarily includes value added tax, income tax, sales tax, property tax and use tax payables.