v3.25.4
Description of Business and Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Cash and Cash Equivalents The reconciliation of cash and cash equivalents and restricted cash and cash equivalents to amounts presented in the consolidated statements of cash flows are as follows (in millions):
As of December 31,
202320242025
Cash and cash equivalents$4,680 $5,893 $7,105 
Restricted cash and cash equivalents - current805 545 631 
Restricted cash and cash equivalents - non-current1,519 2,172 1,911 
Total cash and cash equivalents, and restricted cash and cash equivalents$7,004 $8,610 $9,647 
Schedule of Restricted Cash and Cash Equivalents The reconciliation of cash and cash equivalents and restricted cash and cash equivalents to amounts presented in the consolidated statements of cash flows are as follows (in millions):
As of December 31,
202320242025
Cash and cash equivalents$4,680 $5,893 $7,105 
Restricted cash and cash equivalents - current805 545 631 
Restricted cash and cash equivalents - non-current1,519 2,172 1,911 
Total cash and cash equivalents, and restricted cash and cash equivalents$7,004 $8,610 $9,647 
Schedule of Useful Lives of Property and Equipment, Net Depreciation and amortization is computed using the straight‑line method over the estimated useful lives of the assets, which are as follows:
Property and EquipmentEstimated Useful Life
LandIndefinite
Buildings
30-45 years
Site improvements
5-15 years
Computer equipment
3-5 years
Furniture and fixtures
3-5 years
Internal-use software
2 years
Motor vehicles and other equipment
3-10 years
Leased computer equipmentShorter of estimated useful life or lease term
Leasehold improvementsShorter of estimated useful life or lease term
The components of property and equipment, net were as follows (in millions):
As of December 31,
20242025
Land$65 $65 
Building and site improvements739 740 
Leasehold improvements670 773 
Computer equipment436 356 
Leased computer equipment641 554 
Motor vehicles and other equipment51 130 
Internal-use software650 820 
Furniture and fixtures80 89 
Construction in progress218 220 
Total3,550 3,747 
Less: Accumulated depreciation and amortization(1,598)(1,850)
Property and equipment, net$1,952 $1,897