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Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2019
Income Tax Disclosure [Abstract] |
Income (Loss) Before Income Taxes | Income (loss) before income taxes consists of:
|  | For the years ended December 31, |
|  | 2017 |  |  | 2018 |  |  | 2019 |  |  | 2019 |
|  | RMB |  |  | RMB |  |  | RMB |  |  | US$ |
|  | (In millions) |
PRC |  |  | 22,088 |  |  |  | 23,524 |  |  |  | 13,076 |  |  |  | 1,878 |
Non-PRC |  |  | (805 | ) |  |  | 3,801 |  |  |  | (13,416 | ) |  |  | (1,927 | )
|  |  | 21,283 |  |  |  | 27,325 |  |  |  | (340 | ) |  |  | (49 | )
Components of Income Tax | Income taxes consist of:
|  | For the years ended December 31, |
|  | 2017 |  |  | 2018 |  |  | 2019 |  |  | 2019 |
|  | RMB |  |  | RMB |  |  | RMB |  |  | US$ |
|  | (In millions) |
Current income tax |  |  | 4,224 |  |  |  | 6,184 |  |  |  | 3,564 |  |  |  | 511 |
Income tax refund due to reduced tax rate |  |  | (473 | ) |  |  | (680 | ) |  |  | (920 | ) |  |  | (132 | )
Adjustments of deferred tax assets due to change in tax rates |  |  | 7 |  |  |  | — |  |  |  | 9 |  |  |  | 1 |
Deferred income tax benefit |  |  | (763 | ) |  |  | (761 | ) |  |  | (705 | ) |  |  | (101 | )
|  |  | 2,995 |  |  |  | 4,743 |  |  |  | 1,948 |  |  |  | 279 |
Reconciliation of Effective Income Tax Provision of Tax Computed By Applying Statutory Income Tax Rate to Pre-Tax Income | The reconciliation of the actual income taxes to the amount of tax computed by applying the aforementioned statutory income tax rate to pre-tax income is as follows:
|  | For the years ended December 31, |
|  | 2017 |  |  | 2018 |  |  | 2019 |  |  | 2019 |
|  | RMB |  |  | RMB |  |  | RMB |  |  | US$ |
|  | (In millions, except for per share data) |
Expected taxation at PRC statutory tax rate |  |  | 5,321 |  |  |  | 6,831 |  |  |  | (85 | ) |  |  | (12 | )
Effect of differing tax rates in different jurisdictions |  |  | 854 |  |  |  | 493 |  |  |  | 3,299 |  |  |  | 474 |
Non-taxable income |  |  | (913 | ) |  |  | (1,555 | ) |  |  | (419 | ) |  |  | (60 | )
Non-deductible expenses |  |  | 653 |  |  |  | 935 |  |  |  | 2,124 |  |  |  | 305 |
Research and development super-deduction |  |  | (905 | ) |  |  | (1,047 | ) |  |  | (1,245 | ) |  |  | (179 | )
Effect of PRC preferential tax rates and tax holiday |  |  | (2,095 | ) |  |  | (2,250 | ) |  |  | (1,327 | ) |  |  | (191 | )
Effect of tax rate changes on deferred taxes |  |  | 7 |  |  |  | — |  |  |  | 9 |  |  |  | 1 |
Reversal of prior year’s EIT |  |  | (579 | ) |  |  | (616 | ) |  |  | (1,134 | ) |  |  | (163 | )
PRC withholding tax |  |  | 101 |  |  |  | 553 |  |  |  | (224 | ) |  |  | (32 | )
Addition to valuation allowance |  |  | 551 |  |  |  | 1,399 |  |  |  | 950 |  |  |  | 136 |
Taxation for the year |  |  | 2,995 |  |  |  | 4,743 |  |  |  | 1,948 |  |  |  | 279 |
Effective tax rate |  |  | 14% |  |  |  | 17% |  |  |  | (573% | ) |  |  | (573% | )
Effect of preferential tax rates inside the PRC on basic earnings per Class A and Class B ordinary share |  |  | 60.33 |  |  |  | 64.47 |  |  |  | 38.09 |  |  |  | 5.47 |
Tax Effects of Temporary Differences that Gave Rise to Deferred Tax Balances | The tax effects of temporary differences that gave rise to the deferred tax balances at December 31, 2018 and 2019 are as follows:
|  | As of December 31, |
|  | 2018 |  |  | 2019 |  |  | 2019 |
|  | RMB |  |  | RMB |  |  | US$ |
|  | (In millions) |
Deferred tax assets: |  |  |  |  |  |  |  |  |  |  |  |
Provision for doubtful receivables |  |  | 252 |  |  |  | 332 |  |  |  | 48 |
Accrued expenses, payroll and others |  |  | 4,284 |  |  |  | 4,820 |  |  |  | 692 |
Fixed assets depreciation |  |  | 60 |  |  |  | 151 |  |  |  | 22 |
Net operating loss carry-forward |  |  | 1,609 |  |  |  | 1,733 |  |  |  | 249 |
Less: valuation allowance |  |  | (3,881 | ) |  |  | (4,843 | ) |  |  | (696 | )
Deferred tax assets, net |  |  | 2,324 |  |  |  | 2,193 |  |  |  | 315 |
|  | As of December 31, |
|  | 2018 |  |  | 2019 |  |  | 2019 |
|  | RMB |  |  | RMB |  |  | US$ |
|  | (In millions) |
Deferred tax liabilities: |  |  |
Long-lived assets arising from acquisitions |  |  | 360 |  |  |  | 275 |  |  |  | 40 |
Withholding tax on PRC subsidiaries’ undistributed earnings |  |  | 619 |  |  |  | 1,621 |  |  |  | 233 |
Tax on capital gains |  |  | 2,778 |  |  |  | 1,159 |  |  |  | 166 |
Other |  |  | 342 |  |  |  | 218 |  |  |  | 31 |
|  |  | 4,099 |  |  |  | 3,273 |  |  |  | 470 |

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- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32537-109319 + Details
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