v3.26.1
Goodwill and Intangible Assets
6 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Goodwill and Intangible Assets Goodwill and Intangible Assets
The changes in the carrying amounts of goodwill were as follows (in millions):
Carrying Amount
Balance as of December 31, 2025$3,578 
Goodwill acquired6,300 
Foreign currency translation adjustments(41)
Balance as of June 30, 2026$9,837 
Intangible assets, net consists of the following (in millions):
 June 30, 2026December 31, 2025
Developed technology$3,515 $1,316 
Customer relationships
871 238 
Patents83 83 
Other194 72 
Intangible assets, gross$4,663 $1,709 
Less: accumulated amortization(882)(588)
Intangible assets, net$3,781 $1,121 
The weighted-average useful life of the acquired developed technology for the six months ended June 30, 2026 and 2025 was approximately six years and five years, respectively. The weighted-average useful life of the acquired customer relationships for the six months ended June 30, 2026 and 2025 was approximately five years and three years, respectively. Amortization expense for intangible assets for the three months ended June 30, 2026 and 2025 was $219 million and $25 million, respectively, and for the six months ended June 30, 2026 and 2025 was $296 million and $46 million, respectively.
The following table presents the estimated future amortization expense related to intangible assets held as of June 30, 2026 (in millions):
Fiscal Period:
Remainder of 2026$391 
2027776 
2028726 
2029700 
2030648 
Thereafter540 
Total future amortization expense$3,781