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Get filing alertsRevenue increased 33.1% to $56.31B, driven by a 19% year-over-year increase in ad impressions and a 12% year-over-year increase in average price per ad.
Filed April 30, 2026 · Period ending March 31, 2026 · Compared to 10-Q May 1, 2025 · ~2 min read
Key Financials
SEC XBRL| Metric | PriorMar 31, 2025 | CurrentMar 31, 2026 | Δ |
|---|---|---|---|
| Revenue | $42.3B | $56.3B | ▲ +33.1% |
| Net income | $16.6B | $26.8B | ▲ +60.9% |
| Diluted EPS | $6.43 | $10.44 | ▲ +62.4% |
| Operating income | $17.6B | $22.9B | ▲ +30.3% |
| Cash & equivalents | $28.8B | $23.4B | ▼ -18.5% |
| Long-term debt (noncurrent) | $28.8B | $58.7B | ▲ +103.8% |
| Total assets | $280.2B | $395.2B | ▲ +41.1% |
As reported in XBRL by the filer · 10-Q vs 10-Q. Income figures cover the fiscal quarter (not year-to-date); cash & assets are period-end balances. n/m = not meaningful (sign change; a % would mislead). about this table · verify on EDGAR →
Key Number Changes
Prior filing · verify on EDGAR →
We anticipate making capital expenditures of approximately $64 billion to $72 billion in 2025 to support our core business and generative AI efforts.
Current filing · verify on EDGAR →
We anticipate making capital expenditures of approximately $125 billion to $145 billion in 2026 to support our AI efforts and core business.
Prior filing · verify on EDGAR →
We also have $30.05 billion of contractual commitments as of March 31, 2025 primarily related to our investments in servers and network infrastructure, and content costs.
Current filing · verify on EDGAR →
As of March 31, 2026, we had $237.67 billion of non-cancelable contractual commitments, comprising both short-term and long-term arrangements.
Prior filing · verify on EDGAR →
we have leases that have not yet commenced of approximately $35.27 billion as of March 31, 2025
Current filing · verify on EDGAR →
we have operating and finance leases that have not yet commenced as of March 31, 2026. These lease obligations were approximately $182.88 billion
Prior filing · verify on EDGAR →
we had outstanding long-term debt in the form of senior unsecured notes for an aggregate principal amount of $29.0 billion
Current filing · verify on EDGAR →
we had outstanding long-term debt in the form of senior unsecured notes for an aggregate principal amount of $59.00 billion
Key Changes
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medium
Income from operations rose 30.3% to $22.87B, while total costs and expenses grew 35.1%.
-
high
Net income was $26.77B, or $10.44 per diluted share, including an $8.03 billion discrete income tax benefit from CAMT transitional relief; excluding it, the effective tax rate would have been 14%.
-
high
The company suspended share repurchases in the quarter, with $0 spent versus $12.75B a year earlier, while paying $1.35B in dividends.
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high
Capital expenditures, including principal payments on finance leases, were $19.84 billion, and the company expects full-year 2026 capex of $125 billion to $145 billion.
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medium
Reality Labs revenue fell 2.4% to $402.0M, and its operating loss narrowed to $4.03B from $4.21B.
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high
In the quarter, operating cash flow rose 34.1% to $32.23B while net income rose 60.9% to $26.77B.
Summary
Meta's first-quarter revenue rose 33.1% to $56.31B, with Family of Apps revenue up 33.4% to $55.91B and Reality Labs revenue down 2.4% to $402.0M. The company attributes the increase to an increase in advertising revenue, with ad impressions up 19% year-over-year and average price per ad up 12% year-over-year. Income from operations increased 30.3% to $22.87B, while total costs and expenses rose 35.1%, mainly due to increases in infrastructure costs and employee compensation.
Net income was $26.77B, or $10.44 per diluted share, compared with $16.64B, or $6.43 per diluted share, a year earlier, including an $8.03 billion discrete income tax benefit from CAMT transitional relief under Treasury Notice 2026-7. The provision for income taxes was a benefit of $5.02B. Excluding this benefit, the effective tax rate would have been 14%. The company expects its effective tax rate for the remaining quarters of 2026 to be between 13-16%.
Cash and cash equivalents fell to $23.43B from $35.87B at year-end. The company reclassified $5.00 billion of money market funds to restricted cash equivalents under a multi-year purchase agreement. The company did not repurchase any shares during the quarter, compared with $12.75B a year earlier, and paid $1.35B in dividends. Capital expenditures, including principal payments on finance leases, were $19.84 billion, and the company anticipates full-year 2026 capital expenditures of $125 billion to $145 billion to support its AI efforts and core business.
Section-by-Section Diff
MD&A
Meta's MD&A now discloses a discrete income tax benefit from CAMT transitional relief, a 2026 capex plan, and a reclassification of money market funds to restricted cash equivalents.
Previous filing · verify on EDGAR →
The Tax Act included a reduction in the foreign-derived intangible income deduction for tax years beginning after December 31, 2025. Absent any changes to U.S. tax law, the decrease in our U.S. tax benefits from foreign-derived intangible income would increase our cash tax liabilities and effective tax rate in 2026.
Current filing · verify on EDGAR →
On February 18, 2026, the U.S. Treasury issued Notice 2026-7, providing relief from the Corporate Alternative Minimum Tax (CAMT) related to the expensing of previously capitalized U.S. research and development costs. As a result, we recognized an $8.03 billion discrete income tax benefit during the first quarter of 2026
The baseline had no such benefit and instead warned of higher taxes in 2026.
Previous filing · verify on EDGAR →
We anticipate making capital expenditures of approximately $64 billion to $72 billion in 2025 to support our core business and generative AI efforts.
Current filing · verify on EDGAR →
We anticipate making capital expenditures of approximately $125 billion to $145 billion in 2026 to support our AI efforts and core business.
The company's capital expenditure guidance for 2026 is $125-145 billion, nearly double the prior year's $64-72 billion.
Added in current filing · verify on EDGAR →
we reclassified $5.00 billion of unrestricted money market funds to restricted cash equivalents related to the terms of a multi-year purchase agreement. These funds are restricted from general corporate use and are expected to be released upon satisfying the underlying purchase obligations.
The current filing discloses a new reclassification of money market funds to restricted cash equivalents due to a multi-year purchase agreement, reducing unrestricted liquidity.
Previous filing · verify on EDGAR →
We also have $30.05 billion of contractual commitments as of March 31, 2025 primarily related to our investments in servers and network infrastructure, and content costs.
Current filing · verify on EDGAR →
As of March 31, 2026, we had $237.67 billion of non-cancelable contractual commitments, comprising both short-term and long-term arrangements.
Non-cancelable contractual commitments surged from $30.05 billion to $237.67 billion.
Previous filing · verify on EDGAR →
we have leases that have not yet commenced of approximately $35.27 billion as of March 31, 2025
Current filing · verify on EDGAR →
we have operating and finance leases that have not yet commenced as of March 31, 2026. These lease obligations were approximately $182.88 billion
Leases not yet commenced increased from $35.27 billion to $182.88 billion.
Previous filing · verify on EDGAR →
we had outstanding long-term debt in the form of senior unsecured notes for an aggregate principal amount of $29.0 billion
Current filing · verify on EDGAR →
we had outstanding long-term debt in the form of senior unsecured notes for an aggregate principal amount of $59.00 billion
Long-term debt principal doubled from $29.0 billion to $59.00 billion, increasing future interest obligations.
Previous filing · verify on EDGAR →
we continue to expect our full-year RL operating losses to increase in 2025.
Current filing · verify on EDGAR →
we expect our full-year 2026 RL operating losses to remain similar to 2025.
The company now expects Reality Labs operating losses to remain similar to 2025, whereas the prior filing expected an increase in 2025 losses.
Previous filing · verify on EDGAR →
During the three months ended March 31, 2025, we repurchased and subsequently retired 19 million shares of our Class A common stock for an aggregate amount of $13.40 billion. As of March 31, 2025, $37.95 billion remained available and authorized for repurchases.
Current filing · verify on EDGAR →
We did not repurchase any shares of Class A common stock during the three months ended March 31, 2026. As of March 31, 2026, $25.03 billion remained available and authorized for repurchases.
The company suspended share repurchases in Q1 2026, with no shares repurchased versus $13.40 billion in the prior year, and the remaining authorization declined to $25.03 billion.
Risk Factors
Meta updated its risk factors to reflect new regulatory developments in Europe, increased AI-related cybersecurity risks, and updated user engagement and litigation disclosures.
Previous filing · verify on EDGAR →
In April 2025, the European Commission issued a final decision that our "subscription for no ads" model does not comply with such requirements. Based on feedback from the European Commission in connection with the DMA, we expect we will need to make some modifications to our model, which could result in a materially worse user experience for European users and a significant impact to our European business and revenue as early as the third quarter of 2025. We will appeal the European Commission's decision but any modifications to our model may be imposed before or during the appeal process.
Current filing · verify on EDGAR →
In April 2025, the European Commission issued a final decision that our "subscription for no ads" model does not comply with such requirements. We made significant modifications to LPA since the European Commission issued its final decision. We have appealed the European Commission's decision but further modifications to our model may be imposed during the appeal process, which could result in a materially worse user experience for European users and a significant impact to our European business and revenue.
The company updated its disclosure to state that it has already made significant modifications to its less personalized ads (LPA) model following the European Commission's final decision, whereas the prior filing only anticipated future modifications. This indicates the regulatory impact is now ongoing and could materially affect European revenue.
Added in current filing · verify on EDGAR →
Our AI initiatives and other efforts to develop and launch new features, products, and services in a timely manner have introduced additional risks and vulnerabilities that are not fully mitigated. In particular, our efforts to develop and deploy AI models, internal and third-party AI tools, and other AI applications and agents expose us and users of AI agents to increased and novel risks and vulnerabilities, including prompt injection, errors, and other issues related to AI agents, as well as compromise of data, systems, or valuable intellectual property including source code, model weights, and other assets.
The company added a new risk disclosure highlighting that its AI initiatives, including AI models, tools, applications, and agents, introduce novel cybersecurity risks such as prompt injection and compromise of source code and model weights. This reflects the growing importance and associated risks of AI in Meta's operations.
Previous filing · verify on EDGAR →
For example, the COVID-19 pandemic led to increases and decreases in the size and engagement of our active user base from period to period at different points during the pandemic. In addition, in connection with the war in Ukraine, access to Facebook and Instagram was restricted in Russia and these services were then prohibited by the Russian government, which contributed to slight decreases in the size of our active user base following the onset of the war.
Current filing · verify on EDGAR →
For example, in the first quarter of 2026, we experienced a slight decline on a quarter-over-quarter basis in the total number of Family daily active people that was driven by internet disruptions in Iran, as well as a restriction on access to WhatsApp in Russia.
The company replaced the prior example of user engagement fluctuations (COVID-19 and Russia-Ukraine war) with a more recent example from Q1 2026, citing internet disruptions in Iran and WhatsApp restrictions in Russia. This update reflects current geopolitical factors affecting user metrics.
Added in current filing · verify on EDGAR →
For example, we and other companies are, and expect to continue to be, the subject of litigation in the United States, Europe, Canada, and elsewhere alleging copyright infringement in connection with the acquisition, distribution, and use of copyrighted materials for AI training as well as potential reproduction of copyrighted materials in AI outputs, including cases addressing the applicability of the fair use defense in the United States.
The company added a specific example of intellectual property litigation related to AI training and outputs, highlighting the growing legal exposure from copyright infringement claims in multiple jurisdictions. This is a new disclosure that could signal increased litigation risk.
Added in current filing · verify on EDGAR →
Rapid developments in AI continue to increase the risk that errors, bugs, or vulnerabilities in our products and systems may be discovered and exploited by third parties in a way that adversely impacts our products, systems, or data before we are able to identify and remediate those errors, bugs, or vulnerabilities. We also face risks from errors, bugs, or vulnerabilities introduced through the use of AI, including AI agents and AI-generated code, to develop or maintain software or systems and the use of AI within those software and systems.
The company added new language about AI increasing the risk of software vulnerabilities and the risks from using AI agents and AI-generated code in software development. This reflects the evolving threat landscape associated with AI adoption.
Show 1 minor / wording change
Previous filing · verify on EDGAR →
our stock price has ranged from $17.55 to $740.91 through March 31, 2025.
Current filing · verify on EDGAR →
our stock price has ranged from $17.55 to $796.25 through March 31, 2026.
The company updated the historical stock price range to reflect the new high of $796.25 through March 31, 2026, compared to $740.91 through March 31, 2025. This is a routine update but indicates increased stock price volatility.
Legal Proceedings
Meta's legal proceedings section reflects significant developments, including a civil penalty in New Mexico, a bellwether verdict, and new regulatory findings.
Previous filing · verify on EDGAR →
Trial in the New Mexico Attorney General's case is scheduled to begin on December 1, 2025.
Current filing · verify on EDGAR →
Trial in the New Mexico Attorney General's case, which has expanded to include various claims related to content moderation issues, is scheduled to begin on September 8, 2026. The New Mexico Attorney General has indicated that they intend to seek up to $62.85 billion in penalties in this case.
The trial date has been moved to September 8, 2026, and the case has expanded to include content moderation claims, with the Attorney General now seeking up to $62.85 billion in penalties.
Previous filing · verify on EDGAR →
The first group of personal injury cases is currently set for trial on November 25, 2025 in Judicial Council Coordination Proceeding No. 5255 pending in Los Angeles County California Superior Court.
Current filing · verify on EDGAR →
On March 25, 2026, a jury returned a verdict in the first bellwether trial and awarded $6 million in compensatory and punitive damages between us and YouTube, allocated 70% to us and 30% to YouTube. We intend to appeal the decision.
The first bellwether trial concluded with a $6 million verdict against Meta and YouTube, with Meta responsible for 70%. Meta intends to appeal.
Added in current filing · verify on EDGAR →
On March 24, 2026, a jury returned a verdict against us and ordered that we pay a civil penalty of $375 million.
A jury ordered Meta to pay a $375 million civil penalty in the New Mexico Attorney General's case, a new development.
Previous filing · verify on EDGAR →
On May 16, 2024, the European Commission opened formal proceedings assessing our compliance with certain requirements under Articles 28, 34, and 35 of the Digital Services Act (DSA), including the way in which we identified, assessed, and mitigated against certain systemic risks to minors and other vulnerable users that may stem from the design and functioning of Instagram and Facebook.
Current filing · verify on EDGAR →
On April 29, 2026, the Commission issued preliminary findings with respect to some of these topics, reflecting its preliminary view that users under 13 years of age are present on Facebook and Instagram, calling into question our compliance with the obligations to diligently assess systemic risks, effectively mitigate such risks, and to overall ensure a high level of protection of minors.
The European Commission issued preliminary findings questioning Meta's compliance with DSA obligations regarding minors, a significant regulatory development.
Previous filing · verify on EDGAR →
Trial began on April 14, 2025, and the court is expected to issue a decision in the second half of 2025 or later.
Current filing · verify on EDGAR →
On November 18, 2025, the court granted judgment in our favor. On January 20, 2026, the FTC filed a notice of appeal of that ruling.
The court granted judgment in Meta's favor in the FTC antitrust case, but the FTC has appealed.
Added in current filing · verify on EDGAR →
On November 19, 2025, the court issued judgment against us, finding that AMI had failed to establish abuse of dominance but upholding its case on unfair competition and awarding damages of approximately EUR €542 million. We have appealed the decision.
A Spanish court awarded approximately €542 million in damages against Meta for unfair competition, a new judgment.
Previous filing · verify on EDGAR →
Trial for the Flo Health case is scheduled to begin on July 14, 2025.
Current filing · verify on EDGAR →
In Flo Health, on August 1, 2025, a jury returned a verdict on liability in favor of the plaintiffs and on behalf of a California subclass on the sole claim remaining against Meta under Section 632 of the California Invasion of Privacy Act. Plaintiffs are seeking $5,000 in statutory damages per class member and have asserted that there are up to approximately 1.6 million class members.
A jury found Meta liable in the Flo Health case, with potential damages based on the number of class members.
Removed from previous filing · verify on EDGAR →
On September 18, 2024, staff of the Consumer Financial Protection Bureau (CFPB or Bureau) initiated a Notice and Opportunity to Respond and Advise (NORA) process related to its investigation of advertising for financial products and services on our platform, informing us that staff may recommend to the Director of the CFPB that the Bureau take legal action alleging violations of the Consumer Financial Protection Act, including based on our alleged receipt and use for advertising of financial information from third parties through certain advertising tools as well as our related user disclosures and controls, and provided us with an opportunity to respond. We disagree with the claims staff is considering and believe an enforcement action is unwarranted, and have responded through the NORA process. The result of the NORA process is uncertain at this time.
The CFPB NORA process disclosure has been removed from the current filing.
Notes
Meta's notes disclose a new data center joint venture with significant maximum exposure to loss, a discrete tax benefit, and new legal verdicts and regulatory findings.
Added in current filing · verify on EDGAR →
Our non-marketable equity method investments include an arrangement, entered into in October 2025, to co-develop a data center campus in Louisiana (the Venture), in which we hold a 20% membership interest.
The current filing discloses a new equity method investment in a data center joint venture with a maximum exposure to loss of $45.99 billion, including lease commitments and residual value guarantees, which was not present in the prior period.
Added in current filing · verify on EDGAR →
On February 18, 2026, the U.S. Treasury issued Notice 2026-7, providing relief from the Corporate Alternative Minimum Tax (CAMT) related to the expensing of previously capitalized U.S. research and development costs. As a result, we recognized an $8.03 billion discrete income tax benefit during the first quarter of 2026
The current filing discloses a new $8.03 billion discrete income tax benefit from CAMT relief, which was not present in the prior period and significantly affects the effective tax rate.
Previous filing · verify on EDGAR →
The first group of personal injury cases is currently set for trial on November 25, 2025 in Judicial Council Coordination Proceeding No. 5255 pending in Los Angeles County California Superior Court.
Current filing · verify on EDGAR →
On March 25, 2026, a jury returned a verdict in the first bellwether trial and awarded $6 million in compensatory and punitive damages between us and YouTube, allocated 70% to us and 30% to YouTube. We intend to appeal the decision.
Previous filing · verify on EDGAR →
On May 16, 2024, the European Commission opened formal proceedings assessing our compliance with certain requirements under Articles 28, 34, and 35 of the Digital Services Act (DSA), including the way in which we identified, assessed, and mitigated against certain systemic risks to minors and other vulnerable users that may stem from the design and functioning of Instagram and Facebook.
Current filing · verify on EDGAR →
On April 29, 2026, the Commission issued preliminary findings with respect to some of these topics, reflecting its preliminary view that users under 13 years of age are present on Facebook and Instagram, calling into question our compliance with the obligations to diligently assess systemic risks, effectively mitigate such risks, and to overall ensure a high level of protection of minors.
The current filing discloses new preliminary findings from the European Commission alleging non-compliance with DSA obligations regarding minors, which was not present in the prior period.
Added in current filing · verify on EDGAR →
As of March 31, 2026, our restricted cash equivalents of $7.42 billion include $5.00 billion of money market funds to be held in escrow related to a multi-year purchase agreement.
Added in current filing · verify on EDGAR →
In March 2026, we approved a plan to dispose of certain data center assets with a carrying value of $1.48 billion, consisting mostly of construction in progress and land.
The current filing discloses a new plan to dispose of data center assets with a carrying value of $1.48 billion, classified as held-for-sale, which was not present in the prior period.
Added in current filing · verify on EDGAR →
In March 2026, we issued nonstatutory stock options to purchase an aggregate of 19 million shares of our Class A common stock under the 2025 Plan to certain of our executives and employees.
Added in current filing · verify on EDGAR →
In September 2025, we received a Statutory Notice of Deficiency ("2017-2019 Notice") from the IRS, asserting an additional $15.89 billion in tax, plus interest and penalties for our 2017 through 2019 tax years.
The current filing discloses a new IRS notice asserting $15.89 billion in tax for 2017-2019, which was not present in the prior period.
Financial Statements
Primary statements as printed on the EDGAR filing (iXBRL face). Companyfacts is used only when a statement is not on the HTML face. Not generated by the model.
Condensed Consolidated Statements of Income (Unaudited)
(In millions, except per share amounts)
| Description | Three months ended March 31, 2026 | Three months ended March 31, 2025 |
|---|---|---|
| Revenue | 56,311 | 42,314 |
| Costs and expenses: | ||
| Cost of revenue | 10,218 | 7,572 |
| Research and development | 17,699 | 12,150 |
| Marketing and sales | 2,908 | 2,757 |
| General and administrative | 2,614 | 2,280 |
| Total costs and expenses | 33,439 | 24,759 |
| Income from operations | 22,872 | 17,555 |
| Interest and other income (expense), net | (1,120) | 827 |
| Income before income taxes | 21,752 | 18,382 |
| Provision (benefit) for income taxes | (5,021) | 1,738 |
| Net income | 26,773 | 16,644 |
| Earnings per share: | ||
| Basic | 10.57 | 6.59 |
| Diluted | 10.44 | 6.43 |
| Weighted-average shares used to compute earnings per share: | ||
| Basic | 2,534 | 2,527 |
| Diluted | 2,564 | 2,590 |
Condensed Consolidated Balance Sheets (Unaudited)
(In millions, except number of shares and par value)
| Description | March 31, 2026 | December 31, 2025 |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | 23,426 | 35,873 |
| Marketable securities | 57,754 | 45,719 |
| Accounts receivable, net | 17,470 | 19,769 |
| Prepaid expenses and other current assets | 11,115 | 7,361 |
| Total current assets | 109,765 | 108,722 |
| Non-marketable equity investments | 28,410 | 27,524 |
| Property and equipment, net | 194,776 | 176,400 |
| Operating lease right-of-use assets | 23,268 | 20,404 |
| Goodwill | 24,748 | 24,534 |
| Other assets | 14,283 | 8,437 |
| Total assets | 395,250 | 366,021 |
| Liabilities and stockholders' equity | ||
| Current liabilities: | ||
| Accounts payable | 13,326 | 8,894 |
| Operating lease liabilities, current | 2,414 | 2,213 |
| Accrued expenses and other current liabilities | 31,013 | 30,729 |
| Total current liabilities | 46,753 | 41,836 |
| Operating lease liabilities, non-current | 25,607 | 22,940 |
| Long-term debt | 58,748 | 58,744 |
| Long-term income taxes | 16,849 | 21,005 |
| Other liabilities | 3,612 | 4,253 |
| Total liabilities | 151,569 | 148,778 |
| Commitments and contingencies | ||
| Stockholders' equity: | ||
| Common stock and additional paid-in capital, $0.000006 par value; 5,000 million Class A shares authorized, 2,196 million and 2,187 million shares issued and outstanding, as of March 31, 2026 and December 31, 2025, respectively; 4,141 million Class B shares authorized, 342 million and 343 million shares issued and outstanding, as of March 31, 2026 and December 31, 2025, respectively | 99,337 | 95,793 |
| Accumulated other comprehensive income (loss) | (303) | 271 |
| Retained earnings | 144,647 | 121,179 |
| Total stockholders' equity | 243,681 | 217,243 |
| Total liabilities and stockholders' equity | 395,250 | 366,021 |
Condensed Consolidated Statements of Cash Flows (Unaudited)
(In millions)
| Description | Three months ended March 31, 2026 | Three months ended March 31, 2025 |
|---|---|---|
| Cash flows from operating activities | ||
| Net income | 26,773 | 16,644 |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Depreciation and amortization | 5,999 | 3,900 |
| Share-based compensation | 6,032 | 4,147 |
| Deferred income taxes | 123 | (993) |
| Unrealized (gain) loss on equity investments | 1,075 | (135) |
| Other | (17) | (96) |
| Changes in assets and liabilities: | ||
| Accounts receivable | 2,128 | 2,804 |
| Prepaid expenses and other current assets | (2,424) | 360 |
| Other assets | (1,082) | (52) |
| Accounts payable | (937) | (1,034) |
| Accrued expenses and other current liabilities | (271) | (2,231) |
| Other liabilities | (5,173) | 712 |
| Net cash provided by operating activities | 32,226 | 24,026 |
| Cash flows from investing activities | ||
| Purchases of property and equipment | (18,997) | (12,941) |
| Purchases of marketable securities | (32,978) | (11,763) |
| Sales and maturities of marketable securities | 19,176 | 4,784 |
| Purchases of non-marketable equity investments | (544) | (100) |
| Payments for held-for-sale assets | (118) | — |
| Acquisitions of businesses and intangible assets | (372) | (1) |
| Other investing activities | 155 | 11 |
| Net cash used in investing activities | (33,678) | (20,010) |
| Cash flows from financing activities | ||
| Taxes paid related to net share settlement of equity awards | (4,423) | (4,883) |
| Repurchases of Class A common stock | — | (12,754) |
| Payments for dividends and dividend equivalents | (1,346) | (1,329) |
| Principal payments on finance leases | (843) | (751) |
| Other financing activities | 59 | 222 |
| Net cash used in financing activities | (6,553) | (19,495) |
| Effect of exchange rate changes on cash, cash equivalents, restricted cash, and restricted cash equivalents | 7 | 112 |
| Net decrease in cash, cash equivalents, restricted cash, and restricted cash equivalents | (7,998) | (15,367) |
| Cash, cash equivalents, restricted cash, and restricted cash equivalents at beginning of the period | 39,100 | 45,438 |
| Cash, cash equivalents, restricted cash, and restricted cash equivalents at end of the period | 31,102 | 30,071 |
Amounts as printed on the EDGAR/iXBRL face — (In millions, except per share amounts); (In millions, except number of shares and par value); (In millions). Labels, columns, and figures are the filing face, not a GAAP stencil. Interactive statements & notes on EDGAR ↗
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Figures/quotes linked to EDGAR · Narrative written by AI · Jul 24, 2026 · How we verify