XML 82 R57.htm IDEA: XBRL DOCUMENT
v3.25.1

Unsecured senior notes (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2024
Unsecured senior notes |
Schedule of unsecured senior notes | A summary of the Company’s senior notes due 2026, 2030 and 2050 (collectively “Senior Notes”) and the Convertible Senior Notes as of December 31, 2023 and 2024 is as follows:
|  | As of December 31, |  |  | Effective interest rate |
|  | 2023 |  |  | 2024 |
|  | (RMB in millions) |  |  |  |
US$500 million 3.875% Senior Notes due 2026 |  |  | 3,520 |  |  |  | 3,582 |  |  |  | 4.15 | %
US$700 million 3.375% Senior Notes due 2030 |  |  | 4,898 |  |  |  | 4,973 |  |  |  | 3.47 | %
US$300 million 4.125% Senior Notes due 2050 |  |  | 1,993 |  |  |  | 2,024 |  |  |  | 4.25 | %
US$2,000 million 0.25% Convertible Senior Notes due 2029 |  |  | — |  |  |  | 14,191 |  |  |  | 0.79 | %
Carrying value |  |  | 10,411 |  |  |  | 24,770 |  |  |  |  |
Unamortized discount and debt issuance costs of the Senior Notes |  |  | 86 |  |  |  | 73 |  |  |  |  |
Unamortized debt issuance costs of the Convertible Senior Notes |  |  | — |  |  |  | 186 |  |  |  |  |
Total principal amounts of unsecured senior notes |  |  | 10,497 |  |  |  | 25,029 |  |  |  |  |
Summary of Principal Amounts due of Unsecured Senior Notes | As of December 31, 2024, the principal of the Senior Notes of RMB3,594 million , RMB4,996 million and RMB2,062 million will be due in 2026, 2030 and 2050, respectively. The principal of the Convertible Senior Notes of RMB14,377 million will be due in 2029. The principal of the unsecured senior notes will be due according to the following schedule:
Principal amounts |  | Total |  |  | Within 1 year |  |  | Between 1 to 2 years |  |  | Between 2 to 3 years |  |  | Between 3 to 4 years |  |  | Between 4 to 5 years |  |  | Beyond 5 years |
|  | (RMB in millions) |
Senior Notes |  |  | 10,652 |  |  |  | — |  |  |  | 3,594 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 7,058 |
Convertible Senior Notes |  |  | 14,377 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 14,377 |  |  |  | — |

X
- Definition Tabular disclosure of contractual obligation by timing of payment due. Includes, but is not limited to, long-term debt obligation, lease obligation, and purchase obligation. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name Regulation S-X (SX) -Number 210 -Section 12 -Subsection 04 -Subparagraph (a) -Publisher SEC Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04(a)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480678/235-10-S99-3 + Details
Name: | srt_ContractualObligationFiscalYearMaturityScheduleTableTextBlock
Namespace Prefix: | srt_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_DebtInstrumentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -SubTopic 10 -Topic 210 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 69B -Publisher FASB -URI https://asc.fasb.org/1943274/2147481568/470-20-55-69B Reference 3: http://www.xbrl.org/2003/role/exampleRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 69E -Publisher FASB -URI https://asc.fasb.org/1943274/2147481568/470-20-55-69E Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04(a)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480678/235-10-S99-3 Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 835 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482925/835-30-45-2 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-3 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477734/942-470-50-3 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 8 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-8 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-6 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-7 + Details
Name: | us-gaap_ScheduleOfDebtInstrumentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration