v3.26.1
Goodwill and Intangible Assets
 3 Months Ended
Mar. 31, 2026
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, 2025$3,578 
Goodwill acquired977 
Foreign currency translation adjustments(14)
Balance as of March 31, 2026$4,541 
Intangible assets, net consists of the following (in millions):
 March 31, 2026December 31, 2025
Developed technology$1,573 $1,316 
Customer relationships
400 238 
Patents83 83 
Other88 72 
Intangible assets, gross$2,144 $1,709 
Less: accumulated amortization(665)(588)
Intangible assets, net$1,479 $1,121 
The weighted-average useful life of the acquired developed technology for the three months ended March 31, 2026 and 2025 was approximately five years. The weighted-average useful life of the acquired customer relationships for the three months ended March 31, 2026 was approximately five years. All of the Company’s previous customer relationships had been fully amortized prior to March 31, 2025. Amortization expense for intangible assets for the three months ended March 31, 2026 and 2025 was $77 million and $21 million, respectively.
The following table presents the estimated future amortization expense related to intangible assets held as of March 31, 2026 (in millions):
Fiscal Period:
Remainder of 2026$268 
2027346 
2028315 
2029292 
2030242 
Thereafter16 
Total future amortization expense$1,479