Quarterly report [Sections 13 or 15(d)]

Acquisition of MotoGP (Details)

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Acquisition of MotoGP (Details)
€ in Millions, $ in Millions
1 Months Ended
Jul. 03, 2025
USD ($)
Jul. 03, 2025
EUR (€)
Jan. 31, 2025
USD ($)
Jan. 31, 2025
EUR (€)
Sep. 30, 2026
USD ($)
Jun. 30, 2026
USD ($)
Dec. 31, 2025
USD ($)
Acquisition of MotoGP              
Goodwill         $ 6,870   $ 7,025
MotoGP              
Acquisition of MotoGP              
Minority interest ownership percentage 16.00%            
MotoGP              
Acquisition of MotoGP              
Interest acquired (as a percent) 84.00%            
Consideration for acquisition $ 3,659 € 3,122          
Goodwill 3,006            
Deferred income tax liabilities 617            
Other liabilities 107            
cash consideration paid 3,511 € 2,996          
Prepaid consideration 148   $ 131 € 126      
Prepaid consideration translation adjustment 17            
Acquired goodwill expected to be deductible $ 0            
Percentage of non controlling interest acquired following third anniversary of closing date 33.00%            
Percentage of non controlling interest acquired following fifth anniversary of closing date 67.00%            
MotoGP | Adjustment              
Acquisition of MotoGP              
Goodwill           $ (55)  
Deferred income tax liabilities           (54)  
Other liabilities           $ (1)  
MotoGP | Maximum              
Acquisition of MotoGP              
Percentage of consideration payable on shares upon exercise of put or call right 50.00%            
MotoGP | FIM              
Acquisition of MotoGP              
Acquired intangible assets $ 1,653            
Estimated useful life 36 years 36 years          
MotoGP | Customer relationship assets              
Acquisition of MotoGP              
Acquired intangible assets $ 1,130            
Estimated useful life 19 years 19 years          
MotoGP | Incremental Term Loans              
Acquisition of MotoGP              
Principal amount $ 1,000