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Supplemental financial information (Tables)
12 Months Ended
Dec. 31, 2025
Disclosure Text Block Supplement [Abstract]  
Restructuring charges/other
Restructuring charges/other are included in Other for segment reporting purposes and are comprised of the following components:
For Years Ended December 31,
202520242023
Restructuring charges (a)$85 $$— 
Goodwill impairment32 — — 
Gains on sales of assets (132)— 
Restructuring charges/other$117 $(124)$— 
(a)Includes severance, benefits and other exit costs related to efforts to drive operational efficiencies to support our long-term strategy, including the planned closures of our two remaining factories with 150mm production.
Other income (expense), net (OI&E)
Other income (expense), net (OI&E)
For Years Ended December 31,
202520242023
Other income (a)$258 $529 $474 
Other expense (b)(28)(33)(34)
Total$230 $496 $440 
(a)Includes interest, royalty, lease and tax interest income.
(b)Includes a portion of pension and other retiree benefit costs, lease expense, currency gains and losses and miscellaneous items.
Prepaid expenses and other current assets
Prepaid expenses and other current assets
December 31,
20252024
CHIPS Act incentives$1,709 $904 
Other393 296 
Total$2,102 $1,200 
Property, plant and equipment at cost
Property, plant and equipment at cost
Depreciable Lives (Years)December 31,
20252024
Land$162 $113 
Buildings and improvements
Up to 40
6,830 6,424 
Machinery and equipment
5 – 10
10,690 8,717 
Total$17,682 $15,254 
Schedule of goodwill
Goodwill by segment as of December 31, 2025 and 2024, is as follows:
December 31,
20252024
Analog$4,158 $4,158 
Embedded Processing172 172 
Other 32 
Total$4,330 $4,362 
Other long-term assets
Other long-term assets
December 31,
20252024
CHIPS Act incentives$1,639 $2,246 
Other1,017 1,102 
Total$2,656 $3,348 
Accrued expenses and other liabilities
Accrued expenses and other liabilities
December 31,
20252024
Accrued capital-related expenditures$300 $352 
Other707 723 
Total$1,007 $1,075 
Accumulated other comprehensive income (loss), net of taxes (AOCI)
Accumulated other comprehensive income (loss), net of taxes (AOCI)
December 31,
20252024
Postretirement benefit plans:
Net actuarial loss$(71)$(144)
Prior service cost (credit)(16)
Unrealized gains on available-for-sale investments1 
Cash flow hedge derivative instruments1 
Total$(85)$(140)
Amounts reclassified out of accumulated other comprehensive income (loss), net of taxes, to net income The table below details where these transactions are recorded in our Consolidated Statements of Income.
For Years Ended December 31,Impact to Related Statement of Income Lines
202520242023
Net actuarial losses of defined benefit plans:
Recognized net actuarial loss and settlement losses (a)$18 $13 $20 Decrease to OI&E
Tax effect(4)(3)(5)Decrease to provision for income taxes
Recognized within net income, net of taxes$14 $10 $15 Decrease to net income
Prior service cost (credit) of defined benefit plans:
Amortization of prior service cost (credit) (a)$1 $$Decrease (increase) to OI&E
Tax effect — — (Decrease) increase to provision for income taxes
Recognized within net income, net of taxes$1 $$Decrease (increase) to net income
(a)Detailed in Note 7