text: ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK 
  
  Foreign Currency Risk 
  
  We transact business globally in multiple currencies and hence have foreign currency risks related to our revenue, costs 
  
  of revenue and operating expenses denominated in currencies other than the U.S. dollar (primarily the Chinese yuan and euro in 
  relation to our current year operations). In general, we are a net receiver of currencies other than the U.S. dollar for our foreign 
  subsidiaries. Accordingly, changes in exchange rates affect our operating results as expressed in U.S. dollars as we do not 
  typically hedge foreign currency risk. 
  
  We have also experienced, and will continue to experience, fluctuations in our net income as a result of gains (losses) on 
  
  the settlement and the re-measurement of monetary assets and liabilities denominated in currencies that are not the local 
  currency (primarily consisting of our intercompany and cash and cash equivalents balances). 
  
  We considered the historical trends in foreign currency exchange rates and determined that it is reasonably possible that 
  
  adverse changes in foreign currency exchange rates of 10% for all currencies could be experienced in the near-term. These 
  changes were applied to our total monetary assets and liabilities denominated in currencies other than our local currencies at the 
  balance sheet date to compute the impact these changes would have had on our net income before income taxes. These changes 
  would have resulted in a gain or loss of $1.05 billion at September 30, 2024 and $1.01 billion at December 31, 2023, assuming 
  no foreign currency hedging. 