v3.25.4
Financial Instruments - Investments (Details) - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Short-term investments    
Equity securities with readily determinable fair values $ 2,596 $ 7,848
Available-for-sale debt securities 9,183 10,881
Held-to-maturity debt securities 675 705
Total Short-term investments 12,454 19,434
Long-term investments    
Equity securities with readily determinable fair values [1] 642 1,246
Available-for-sale debt securities 1 0
Held-to-maturity debt securities 48 45
Private equity securities at cost [1] 696 719
Equity-method investments 235 217
Long-term investments $ 1,621 $ 2,228
[1] Represent investments in the life sciences sector.