v3.26.1

Condensed Consolidated Balance Sheets (unaudited) - USD ($) $ in Millions	Jun. 30, 2026	Dec. 31, 2025
Current assets:
Cash and cash equivalents	$ 136	$ 221
Short-term investments	1,081	1,055
Other current assets	35	41
Total current assets	1,252	1,317
Property and equipment, net	164	103
Operating lease right-of-use assets	84	85
Acquisition related intangible assets, net	617	617
Long-term investments	0	183
Other assets	50	38
Total assets	2,167	2,343
Current liabilities:
Operating lease liabilities, current	12	11
Other current liabilities	98	100
Total current liabilities	110	111
Operating lease liabilities, long-term	70	73
Derivative liabilities, long-term	30	15
Other liabilities	4	4
Total liabilities	214	203
Commitments and contingencies
Stockholders’ equity:
Common stock - $0.00001 par value, 51,000 shares authorized, 1,998 and 1,943 shares issued and outstanding, respectively	0	0
Additional paid-in capital	7,621	7,312
Accumulated other comprehensive (loss) income	(1)	2
Accumulated deficit	(5,667)	(5,174)
Total stockholders’ equity	1,953	2,140
Total liabilities and stockholders’ equity	$ 2,167	$ 2,343

Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

Aurora Innovation, Inc. 10-Q