Organization, Consolidation and Presentation of Financial Statements (Tables)

12 Months Ended

Dec. 31, 2017

Financial Statement Balances and Amounts of VIEs and Subsidiaries Included in Consolidated Financial Statements After Elimination of Intercompany Balances and Transactions Among VIEs and Subsidiaries within Group

The following tables set forth the financial statement balances and amounts of the VIEs and their subsidiaries were included in the consolidated financial statements after the elimination of intercompany balances and transactions among VIEs and their subsidiaries within the Group:


	As of December 31,
	2016		2017		2017
	RMB		RMB		US$
	(In millions)
Assets
Current
Cash and cash equivalents		3,087		4,045		622
Short-term investments		6,661		2,052		315
Accounts receivable, net		3,851		3,021		464
Others		3,247		5,280		812

		16,846		14,398		2,213
Non-current
Fixed assets, net		1,438		2,845		437
Intangible assets, net		1,739		2,104		323
Long-term investments, net		4,616		10,614		1,631
Others		2,094		6,488		997

		9,887		22,051		3,388

Total		26,733		36,449		5,601

Third-party liabilities
Current
Accounts payable and accrued liabilities		12,695		14,073		2,163
Customer advances and deposits		1,654		2,288		352
Others		6,566		2,414		371

		20,915		18,775		2,886
Non-current		1,107		5,151		792

Total		22,022		23,926		3,678

Inter-company liabilities*
Inter-company payable to subsidiaries for technology consulting and service fees		2,096		2,828		435
Others		2,729		4,605		708

Total		4,825		7,433		1,143


	For the years ended December 31,
	2015			2016			2017			2017
	RMB			RMB			RMB			US$
	(In millions)
Total revenues		20,668			24,603			29,208			4,489
Net loss		(4,398	)		(464	)		(626	)		(96	)
Net cash provided by operating activities		3,563			2,737			3,698			569
Net cash used in investing activities		(7,025	)		(9,471	)		(5,725	)		(880	)
Net cash provided by financing activities		5,935			5,098			2,985			459

*	Inter-company liabilities represent payable balances of each VIE due to its Primary Beneficiary. Amounts payable to other non-VIE subsidiaries within the Group were included in third party liabilities.

- Definition

Tabular disclosure of the significant judgments and assumptions made in determining whether a variable interest (as defined) held by the entity requires the variable interest entity (VIE) (as defined) to be consolidated and (or) disclose information about its involvement with the VIE, individually or in aggregate (as applicable); the nature of restrictions, if any, on the consolidated VIE's assets and on the settlement of its liabilities reported by an entity in its statement of financial position, including the carrying amounts of such assets and liabilities; the nature of, and changes in, the risks associated with involvement in the VIE; how involvement with the VIE affects the entity's financial position, financial performance, and cash flows; the lack of recourse if creditors (or beneficial interest holders) of the consolidated VIE have no recourse to the general credit of the primary beneficiary (if applicable); the terms of arrangements, giving consideration to both explicit arrangements and implicit variable interests, if any, that could require the entity to provide financial support to the VIE, including events or circumstances that could expose the entity to a loss; the methodology used by the entity for determining whether or not it is the primary beneficiary of the variable interest entity; the significant factors considered and judgments made in determining that the power to direct the activities of a VIE that most significantly impact the VIE's economic performance are shared (as defined); the carrying amounts and classification of assets and liabilities of the VIE included in the statement of financial position; the entity's maximum exposure to loss, if any, as a result of its involvement with the VIE, including how the maximum exposure is determined and significant sources of the entity's exposure to the VIE; a comparison of the carrying amounts of the assets and liabilities and the entity's maximum exposure to loss; information about any liquidity arrangements, guarantees, and (or) other commitments by third parties that may affect the fair value or risk of the entity's variable interest in the VIE; whether or not the entity has provided financial support or other support (explicitly or implicitly) to the VIE that it was not previously contractually required to provide or whether the entity intends to provide that support, including the type and amount of the support and the primary reasons for providing the support; and supplemental information the entity determines necessary to provide.

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