This question will not be inflation-adjusted.
Cash and cash equivalents, as well as short-term investments in U.S. Treasury Bills, will be considered as cash. The reference point is the official shareholder report from Q3 2023, which indicates a total cash amount of $157,241 million. This question will round to the nearest million and the comparison will be made with the Q4 2025 report.
Question background: https://www.wsj.com/finance/investing/a-150-billion-question-what-will-warren-buffett-do-with-all-that-cash-7ddcf36a?mod=lead_feature_below_a_pos1
Now at $167.6 B as of 4Q23 (10-K filing PDF).
It’s worth mentioning how to derive the total cash figure from the financial reports, as the sum of the three line items I’ve highlighted in the latest (4Q23) balance sheet statement here:
@deagol Thank you for the addition, I shortcut it with this sentence:
'Cash and cash equivalents, as well as short-term investments in U.S. Treasury Bills, will be considered as cash', but you're right