v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash flows from operating activities:    
Net loss $ (416) $ (541)
Depreciation and amortization 194 200
Stock-based compensation expense 207 188
Gain on strategic investments (506) (101)
Other non-cash activities 74 20
Changes in operating assets and liabilities:    
Accounts receivable, net 211 31
Inventory (80) (364)
Other assets 89 14
Accounts payable and accrued liabilities (182) 334
Deferred revenues (290) 59
Other liabilities (4) (28)
Net cash used in operating activities (703) (188)
Cash flows from investing activities:    
Purchases of equity securities and short-term investments (558) (835)
Sales of equity securities and short-term investments 16 48
Maturities of short-term investments 1,003 717
Deconsolidation of Mind Robotics, Inc. (114) 0
Capital expenditures (372) (338)
Net cash used in investing activities (25) (408)
Cash flows from financing activities:    
Proceeds from stock-based compensation programs 1 2
Other financing activities (3) (8)
Net cash used in financing activities (2) (6)
Effect of exchange rate changes on cash and cash equivalents (4) 1
Net change in cash (734) (601)
Cash, cash equivalents, and restricted cash—Beginning of period 3,579 5,294
Cash, cash equivalents, and restricted cash—End of period 2,845 4,693
Supplemental disclosure of non-cash investing and financing activities:    
Capital expenditures included in liabilities 534 423
Capital stock issued to settle bonuses 110 47
Right-of-use assets obtained in exchange for operating lease liabilities $ 60 $ 73