v3.25.4
Income Taxes - Schedule of Deferred Tax Asset and Liabilities (Details) - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Deferred tax assets:    
Capitalized research and development $ 4,518 $ 4,599
Sales rebates and discounts 2,779 1,776
Correlative tax adjustments 2,392 1,604
Purchases of intangible assets 1,721 1,781
Tax loss and other tax carryforwards 911 587
Inventories 711 0
Tax credit carryforwards 649 577
Compensation and benefits 556 565
Foreign tax redeterminations 367 335
Other 1,004 599
Total gross deferred tax assets 15,608 12,423
Valuation allowances (1,223) (964)
Total deferred tax assets 14,385 11,459
Deferred tax liabilities:    
Earnings of foreign subsidiaries (1,291) (773)
Intangibles (1,258) (1,176)
Property and equipment (907) (558)
Prepaid employee benefits (707) (611)
Other (381) (414)
Total deferred tax liabilities (4,544) (3,532)
Deferred tax assets, net $ 9,841 $ 7,927