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Fair Value Measurement (Tables) | 12 Months Ended
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Dec. 31, 2014
Fair Value Disclosures [Abstract] |
Fair Value Disclosure and Measurement | Assets and liabilities measured or disclosed at fair value are summarized below:
|  | Total fair value at December 31, 2013 |  |  | Fair value measurement or disclosure at December 31, 2013 using |  |  |  |
|  |  | Quoted prices in active markets for identical assets (Level 1) |  |  | Significant other observable inputs (Level 2) |  |  | Significant unobservable inputs (Level 3) |  |  | Total losses |
| RMB |  |  | RMB |  |  | RMB |  |  | RMB |  |  | RMB |
| (In thousands) |
Fair value disclosure (Notes 2 and 4) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash equivalents |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Time deposits |  |  | 2,955,924 |  |  |  |  |  |  |  | 2,955,924 |  |  |  |  |  |  |  |  |
Money market fund |  |  | 689,254 |  |  |  | 689,254 |  |  |  |  |  |  |  |  |  |  |  |  |
Short-term investments Held-to-maturity investments |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Fixed-rate investments |  |  | 19,370,067 |  |  |  |  |  |  |  | 19,370,067 |  |  |  |  |  |  |  |  |
Long-term notes payable |  |  | 14,797,937 |  |  |  | 14,797,937 |  |  |  |  |  |  |  |  |  |  |  |  |
Fair value measurement |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Recurring |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Short-term investments Available-for-sale investments |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Fixed-rate debt investments |  |  | 7,627,958 |  |  |  |  |  |  |  | 7,627,958 |  |  |  |  |  |  |  |  |
Adjustable-rate debt investments |  |  | 514,433 |  |  |  |  |  |  |  | 514,433 |  |  |  |  |  |  |  |  |
Equity investment |  |  | 1,253,120 |  |  |  | 1,253,120 |  |  |  |  |  |  |  |  |  |  |  |  |
Non-recurring |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Long-term investments |  |  | — |  |  |  |  |  |  |  |  |  |  |  | — |  |  |  | (17,521 | )
Fixed assets |  |  | — |  |  |  |  |  |  |  |  |  |  |  | — |  |  |  | (2,057 | )
Intangible assets |  |  | — |  |  |  |  |  |  |  |  |  |  |  | — |  |  |  | (4,619 | )
Total assets measured at fair value |  |  | 9,395,511 |  |  |  | 1,253,120 |  |  |  | 8,142,391 |  |  |  | — |  |  |  | (24,197 | )
The Company has no assets measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the year ended December 31, 2013. As of December 31, 2013, certain fixed assets (Note 7), intangible assets (Note 8), cost method investments (Note 4) and equity method investments (Note 4) were measured using significant unobservable inputs (Level 3) and written down from their respective carrying value to fair value of nil, with impairment charges incurred and recorded in earnings for the year then ended.
|  | Total fair value at December 31, 2014 |  |  | Fair value measurement or disclosure at December 31, 2014 using |  |  |  |  |  |  |
|  |  | Quoted prices in active markets for identical assets (Level 1) |  |  | Significant other observable inputs (Level 2) |  |  | Significant unobservable inputs (Level 3) |  |  | Total losses |
| RMB |  |  | US$ |  |  | RMB |  |  | RMB |  |  | RMB |  |  | RMB |  |  | US$ |
| (In thousands) |
Fair value disclosure (Notes 2 and 4) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash equivalents |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Time deposits |  |  | 1,746,888 |  |  |  | 281,547 |  |  |  |  |  |  |  | 1,746,888 |  |  |  |  |  |  |  |  |  |  |  |  |
Money market fund |  |  | 755,095 |  |  |  | 121,699 |  |  |  | 755,095 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Short-term investments Held-to-maturity investments |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Fixed-rate investments |  |  | 38,248,723 |  |  |  | 6,164,575 |  |  |  |  |  |  |  | 38,248,723 |  |  |  |  |  |  |  |  |  |  |  |  |
Adjustable-rate investments |  |  | 59,519 |  |  |  | 9,593 |  |  |  |  |  |  |  | 59,519 |  |  |  |  |  |  |  |  |  |  |  |  |
Long-term investments Held-to-maturity investments |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Fixed-rate investments |  |  | 531,318 |  |  |  | 85,633 |  |  |  |  |  |  |  | 531,318 |  |  |  |  |  |  |  |  |  |  |  |  |
Long-term notes payable |  |  | 21,811,666 |  |  |  | 3,515,403 |  |  |  | 21,811,666 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Fair value measurement |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Recurring |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Short-term investments Available-for-sale investments |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Fixed-rate debt investments |  |  | 2,865,096 |  |  |  | 461,770 |  |  |  |  |  |  |  | 2,865,096 |  |  |  |  |  |  |  |  |  |  |  |  |
Adjustable-rate debt investments |  |  | 1,568,543 |  |  |  | 252,803 |  |  |  |  |  |  |  | 1,568,543 |  |  |  |  |  |  |  |  |  |  |  |  |
Equity investments |  |  | 1,164,714 |  |  |  | 187,718 |  |  |  | 1,164,714 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Long-term investments Available-for-sale investments |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Debt investment |  |  | 272,680 |  |  |  | 43,948 |  |  |  |  |  |  |  |  |  |  |  | 272,680 |  |  |  |  |  |  |  |  |
Equity investment |  |  | 115,921 |  |  |  | 18,683 |  |  |  | 115,921 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Non-recurring |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Long-term investments |  |  | — |  |  |  | — |  |  |  |  |  |  |  |  |  |  |  | — |  |  |  | (93,424 | ) |  |  | (15,057 | )
Intangible assets |  |  | — |  |  |  | — |  |  |  |  |  |  |  |  |  |  |  | — |  |  |  | (1,625 | ) |  |  | (262 | )
Total assets measured at fair value |  |  | 5,986,954 |  |  |  | 964,922 |  |  |  | 1,280,635 |  |  |  | 4,433,639 |  |  |  | 272,680 |  |  |  | (95,049 | ) |  |  | (15,319 | )
Reconciliation of Available-For-Sale Debt Investments at Fair Value on a Recurring Basis Using Significant Unobservable Inputs | The following table presents a reconciliation of long-term available-for-sale debt investment at fair value on a recurring basis using significant unobservable inputs (Level 3).
|  | Long-term available-for- sale debt investment |
|  | RMB |  |  | US$ |
|  | (In thousands) |
Balance as of January 1, 2014 |  |  | — |  |  |  | — |
Recognized during the period |  |  | 272,680 |  |  |  | 43,948 |
Realized or unrealized gain (loss) |  |  | — |  |  |  | — |
Settlement |  |  | — |  |  |  | — |
Balance as of December 31, 2014 |  |  | 272,680 |  |  |  | 43,948 |

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- Definition Tabular disclosure of financial instruments measured at fair value, including those classified in shareholders' equity measured on a recurring or nonrecurring basis. Disclosures include, but are not limited to, fair value measurements recorded and the reasons for the measurements, level within the fair value hierarchy in which the fair value measurements are categorized and transfers between levels 1 and 2. Nonrecurring fair value measurements are those that are required or permitted in the statement of financial position in particular circumstances. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19279-110258 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a,b,bb) -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19207-110258 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2C -URI http://asc.fasb.org/extlink&oid=36462937&loc=SL7498348-110258 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19190-110258 + Details
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- Definition Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income (loss), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19207-110258 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19279-110258 + Details
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