v3.25.4
Fair Value (Tables)
12 Months Ended
Dec. 31, 2025
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]  
Financial Assets and Liabilities, Measured at Fair Value Recurring Basis [Table Text Block]
The following table presents a summary of fair value measurements by level and carrying values for items measured at fair value on a recurring basis in the Consolidated Balance Sheets:
(in millions)Quoted Prices
in Active
Markets
(Level 1)
Other
Observable
Inputs
(Level 2)
Unobservable
Inputs
(Level 3)
Total
Fair and Carrying
Value
December 31, 2025
Cash and cash equivalents$19,848 $4,517 $— $24,365 
Debt securities - available-for-sale:
U.S. government and agency obligations3,778 154 — 3,932 
State and municipal obligations— 6,325 — 6,325 
Corporate obligations— 25,123 423 25,546 
U.S. agency mortgage-backed securities— 9,719 — 9,719 
Non-U.S. agency mortgage-backed securities— 2,660 — 2,660 
Total debt securities - available-for-sale3,778 43,981 423 48,182 
Equity securities2,083 20 67 2,170 
Loan receivables— — 882 882 
Total assets at fair value$25,709 $48,518 $1,372 $75,599 
Percentage of total assets at fair value34 %64 %%100 %
December 31, 2024
Cash and cash equivalents$25,248 $64 $— $25,312 
Debt securities - available-for-sale:
U.S. government and agency obligations4,194 133 — 4,327 
State and municipal obligations— 6,984 — 6,984 
Corporate obligations29 22,841 437 23,307 
U.S. agency mortgage-backed securities— 9,584 — 9,584 
Non-U.S. agency mortgage-backed securities— 2,717 — 2,717 
Total debt securities - available-for-sale4,223 42,259 437 46,919 
Equity securities1,859 24 65 1,948 
Loan receivables— — 293 293 
Total assets at fair value$31,330 $42,347 $795 $74,472 
Percentage of total assets at fair value42 %57 %%100 %
Fair Value Measurements, Nonrecurring [Table Text Block]
The following table presents a summary of fair value measurements by level and carrying values for certain financial instruments not measured at fair value on a recurring basis in the Consolidated Balance Sheets:
(in millions)Quoted Prices
in Active
Markets
(Level 1)
Other
Observable
Inputs
(Level 2)
Unobservable
Inputs
(Level 3)
Total
Fair
Value
Total Carrying Value
December 31, 2025
Debt securities - held-to-maturity$463 $26 $— $489 $490 
Loan receivables— 1,700 6,923 8,623 8,860 
Long-term debt and other financing obligations— 72,143 — 72,143 76,140 
December 31, 2024
Debt securities - held-to-maturity$482 $26 $— $508 $512 
Loan receivables— 1,413 5,101 6,514 6,876 
Long-term debt and other financing obligations— 70,565 — 70,565 75,604