v3.25.4
ACCRUED LIABILITIES AND OTHER LIABILITIES
 12 Months Ended
Dec. 31, 2025
Payables and Accruals [Abstract]  
ACCRUED LIABILITIES AND OTHER LIABILITIES ACCRUED LIABILITIES AND OTHER LIABILITIES
The carrying value of “Accrued liabilities” on the Consolidated Balance Sheets includes the following components (in millions):

December 31, 2024December 31, 2025
Capital expenditures$306 $419 
Interest (Note 10)
62 104 
Inventory20 28 
Loss contingencies (Note 16)
110 350 
Other products and services93 84 
Payroll and related costs167 319 
Other77 134 
Total accrued liabilities$835 $1,438 
Included within “Loss contingencies” above is $233 million for the settlement of pending securities class action litigation discussed in Note 16 “Commitments and Contingencies”.

The carrying value of “Current portion of deferred revenues, lease liabilities, and other liabilities” on the Consolidated Balance Sheets includes the following components classified as current (in millions):
December 31, 2024December 31, 2025
Deferred revenues$552 $1,277 
Operating lease liabilities98 110 
Warranty reserve146 177 
Other121 96 
Total current portion of deferred revenues, lease liabilities, and other liabilities
$917 $1,660 
The carrying value of “Other non-current liabilities” on the Consolidated Balance Sheets includes the following components classified as non-current (in millions):
December 31, 2024December 31, 2025
Deferred revenues$1,288 $1,066 
Finance lease liabilities85 91 
Warranty reserve327 286 
Other77 143 
Total other non-current liabilities$1,777 $1,586