Supplemental Financial Information

6 Months Ended

Jun. 30, 2026

Quarterly Financial Information Disclosure [Abstract]

Supplemental Financial Information

Supplemental Financial Information

Supplemental Disclosure of Cash Flow Information

	Six Months Ended June 30,
(in millions)	2026		2025
Supplemental disclosure of cash flow information
Cash paid for income taxes, net of refunds	$	232	$	74
Cash paid for the amount used to measure the operating lease liabilities	$	363	$	291
Operating lease assets obtained in exchange for lease obligations	$	370	$	368
Net increase to operating lease right-of-use assets resulting from remeasurements of lease obligations	$	73	$	235
Non-cash investing and financing activities
(Decrease) increase in property and equipment-related accounts payable	$	(53)	$	60

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)	June 30, 2026		December 31, 2025
Current assets
Cash and cash equivalents	$	6,110	$	6,318
Restricted cash	94		94
Total cash, cash equivalents, and restricted cash	$	6,204	$	6,412

Supplier Financing Arrangements

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

(in millions)	June 30, 2026		December 31, 2025
Amounts included in accounts payable	$	475	$	485

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 June 30, 2026 and December 31, 2025, the ending balance in accumulated other comprehensive income (loss) related to foreign currency translation adjustments was $(527) million and $(297) million, respectively, and the amount related to actuarial losses on defined severance benefits was $(82) million and $(84) million, respectively.

Stock Repurchase Program

Our Board of Directors authorized a stock repurchase program for 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 six months ended June 30, 2026, we repurchased 23.2 million and 43.7 million shares of Class A common stock for an aggregate amount of $459 million and $850 million, excluding excise taxes, respectively. As of June 30, 2026, we had $907 million of availability remaining under the stock repurchase program.