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Supplemental Financial Information
 12 Months Ended
Dec. 31, 2025
Other Income and Expenses [Abstract]  
Supplemental Financial Information Supplemental Financial Information
Supplemental Disclosure of Cash Flow Information
(in millions)
202520242023
Supplemental disclosure of cash-flow information
Cash paid for income taxes, net of refunds:
U.S. federal$— $81 $52 
U.S. state and local— — — 
Foreign - Korea168 51 55 
Foreign - all other9 6 3 
Cash paid for income taxes, net of refunds$177 $138 $110 
Cash paid for interest$65 $85 $31 
Non-cash investing and financing activities
Increase in property and equipment-related accounts payable$73 $81 $23 
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.
December 31,
(in millions)202520242023
Current assets
Cash and cash equivalents$6,318 $5,879 $5,243 
Restricted cash94 151 353 
Noncurrent assets
Restricted cash included in long-term leasehold deposits and other— 1 1 
Total cash, cash equivalents and restricted cash$6,412 $6,031 $5,597 
Supplier Financing Arrangements
We have agreements with third-party financial institutions to facilitate participating vendors’ and suppliers’ ability to settle payment obligations from us to designated third-party financial institutions. Participating vendors and suppliers may, at their sole discretion, settle obligations prior to their scheduled due dates at a discounted price to the participating financial institutions. The invoices that have been confirmed as valid under the program require payment, in full, based on the original standard invoice terms. Confirmed invoices owed to financial institutions under these programs are included within “Accounts payable” on the consolidated balance sheets.
Changes in the amount of supplier finance obligations were as follows:
(in millions)20252024
Confirmed obligations outstanding, January 1$443 $459 
Invoices confirmed during the year3,642 4,028 
Confirmed invoices paid during the year(3,610)(3,985)
Foreign currency related changes10 (59)
Confirmed obligations outstanding, December 31$485 $443