Supplemental Financial Information

9 Months Ended

Sep. 30, 2025

Quarterly Financial Information Disclosure [Abstract]

Supplemental Financial Information

Supplemental Financial Information

Supplemental Disclosure of Cash flow Information

	Nine Months Ended September 30,
(in millions)	2025		2024
Supplemental disclosure of cash flow information
Cash paid for income taxes, net of refunds	$	136	$	123
Cash paid for the amount used to measure the operating lease liabilities	$	461	$	425
Operating lease assets obtained in exchange for lease obligations	$	652	$	829
Net increase to operating lease right-of-use assets resulting from remeasurements of lease obligations	$	325	$	168
Non-cash investing and financing activities
Increase in property and equipment-related accounts payable	$	22	$	51

The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within the consolidated balance sheets that sum to the total of the same such amounts shown within the consolidated statements of cash flows.

(in millions)	September 30, 2025		December 31, 2024
Current assets
Cash and cash equivalents	$	7,229	$	5,879
Restricted cash	95		151
Noncurrent assets
Restricted cash included in long-term leasehold deposits and other	—		1
Total cash, cash equivalents, and restricted cash	$	7,324	$	6,031

Supplier Financing Arrangements

Confirmed invoices owed to financial institutions under supplier financing arrangements were as follows:

(in millions)	September 30, 2025		December 31, 2024
Amounts included in accounts payable	$	541	$	443

Accumulated Other Comprehensive Income (Loss)

Accumulated other comprehensive income (loss) includes all changes in equity during a period that have yet to be recognized in income. The major components are foreign currency translation adjustments and actuarial gains (losses) on our defined severance benefits. As of September 30, 2025 and December 31, 2024, the ending balance in accumulated other comprehensive income (loss) related to foreign currency translation adjustments was $(239) million and $(309) million, respectively, and the amount related to actuarial losses on defined severance benefits was $(88) million and $(95) million, respectively.

Stock Repurchase Program

In May 2025, our Board of Directors authorized a stock repurchase program for up to $1 billion of our outstanding shares of Class A common stock. We may repurchase shares of Class A common stock from time to time through open market purchases, in privately negotiated transactions, or by other means in accordance with applicable securities laws and other restrictions. The program has no expiration date, and we are not obligated to repurchase any portion of our total authorization. During the three and nine months ended September 30, 2025, we repurchased 2.8 million shares of Class A common stock for an aggregate amount of $81 million.