As of Q4'25, DPZ reported Cash & Short-term Investments of USD 341.8B and Debt of USD 237.6B, both showing an extraordinary surge compared to previous quarters. This marks a significant deviation from prior periods, where cash levels were below USD 350M and debt was consistently around USD 5B. From Q1'23 to Q3'25, both cash and debt remained relatively stable, with cash fluctuating between USD 77M and USD 342M, and debt hovering near USD 5.2B. However, in Q4'25, there is a dramatic spike in both metrics, suggesting a major financial event or accounting change. This abrupt increase breaks the prior stable trend and warrants further investigation into the underlying causes for such a substantial shift in DPZ's balance sheet. The chart covers quarterly data from Q1'23 through Q4'25.