v3.25.4
Income Taxes - Significant Components of Deferred Tax Assets and Liabilities (Details) - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Deferred tax assets:    
Accrued employee benefits $ 1,951 $ 1,834
Accruals and reserves not currently deductible 3,570 2,552
Tax credits 7,314 6,384
Net operating losses 4,953 3,472
Operating leases 3,337 3,336
Capitalized research and development 24,758 25,903
Other 2,143 1,376
Total deferred tax assets 48,026 44,857
Valuation allowance (13,942) (11,493)
Total deferred tax assets net of valuation allowance 34,084 33,364
Deferred tax liabilities:    
Property and equipment, net (13,256) (9,932)
Net investment gains (8,242) (2,978)
Operating leases (3,103) (2,986)
Other (1,289) (1,008)
Total deferred tax liabilities (25,890) (16,904)
Net deferred tax assets (liabilities) $ 8,194 $ 16,460