v3.25.4
Parent Company Condensed Financial Statements - Condensed Statements of Cash Flows (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Net income $ 4,357 $ 3,407 $ 2,812
Adjustments to reconcile net income to net cash used in operating activities      
Deferred income taxes 41 (2) 30
(Gain) loss on remeasurement of Tax Receivable Agreement liability 3 10 (7)
Net cash provided by operating activities 15,811 8,724 4,544
Cash flows provided by investing activities (171) (44) (52)
Cash flows used in financing activities (969) (833) (624)
Effect of exchange rate changes on cash and cash equivalents 391 (207) 122
Net increase in cash, cash equivalents and restricted cash 15,062 7,640 3,990
Cash and cash equivalents at beginning of year 3,633 3,753  
Cash and cash equivalents at end of year 4,963 3,633 3,753
Supplemental disclosures of cash flow information      
Cash paid for interest 4,209 4,190 3,317
Cash paid for taxes, net 316 279 228
Parent [Member]      
Net income 984 755 600
Adjustments to reconcile net income to net cash used in operating activities      
Undistributed gains of subsidiaries, net (1,189) (913) (737)
Deferred income taxes 35 2 34
(Gain) loss on remeasurement of Tax Receivable Agreement liability 3 10 (7)
Changes In Operating Assets And Liabilities (83) 64 (33)
Net cash provided by operating activities (250) (82) (143)
Cash flows provided by investing activities 294 246 185
Cash flows used in financing activities (145) (116) (67)
Effect of exchange rate changes on cash and cash equivalents 101 (53) 30
Net increase in cash, cash equivalents and restricted cash 0 (5) 5
Cash and cash equivalents at beginning of year 1 6 1
Cash and cash equivalents at end of year 1 1 6
Supplemental disclosures of cash flow information      
Cash paid for interest 1 3 2
Cash paid for taxes, net 145 117 111
Non-cash investing activities:      
Non-cash distributions from subsidiaries $ 25 $ 0 $ 0