v3.25.4
Goodwill and Intangible Assets
12 Months Ended
Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Goodwill and Intangible Assets
The changes in the carrying amounts of goodwill were as follows (in millions):
Carrying Amount
Balance as of December 31, 2023$1,231 
Goodwill acquired75 
Foreign currency translation adjustments(33)
Balance as of December 31, 2024$1,273 
Goodwill acquired2,225 
Foreign currency translation adjustments80 
Balance as of December 31, 2025$3,578 
Intangible assets, net consists of the following (in millions):
 December 31, 2025December 31, 2024
Developed technology$1,316 $581 
Customer relationships238 
Patents83 83 
Other72 
Intangible assets, gross$1,709 $675 
Less: accumulated amortization(588)(466)
Intangible assets, net$1,121 $209 
The weighted-average useful life of the acquired developed technology for each of the years ended December 31, 2025 and 2024 was approximately five years. Amortization expense for intangible assets was approximately $120 million, $94 million and $85 million for the years ended December 31, 2025, 2024 and 2023, respectively.
The following table presents the estimated future amortization expense related to intangible assets held as of December 31, 2025 (in millions):
Fiscal Period:
2026$269 
2027253 
2028228 
2029210 
2030160 
Thereafter
Total future amortization expense$1,121