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Goodwill and Intangible Assets
 12 Months Ended
Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets
8.
GOODWILL AND INTANGIBLE ASSETS
Goodwill
The Company had
two
reporting units, Baidu Core and iQIYI, as of December 31
,
2018 and 2019.
The changes in the carrying amount of goodwill for each reporting unit from 2018 to 2019 was as follows:
  
Baidu Core
 
  
iQIYI
 
  
Total
 
  
RMB
 
  
RMB
 
  
RMB
 
  
(In millions)
 
Balance at December 31, 2017
   
12,530
     
3,276
     
15,806
 
                         
Goodwill acquired
   
2,750
     
612
     
3,362
 
Goodwill disposed
   
(569
 )    
—  
      
(569
 )
Foreign currency translation and other adjustments
   
(63
 )    
—  
      
(63
 )
                         
Balance at December 31, 2018
   
14,648
     
3,888
     
18,536
 
Goodwill acquired
   
978
     
—
     
978
 
Goodwill disposed
(i)
    
(1,265
)    
—
     
(1,265
)
Foreign currency translation and other adjustments
   
1
     
—
     
1
 
Balance at December 31, 2019
   
14,362
     
3,888
     
18,250
 
                         
Balance at December 31, 2019, in US$
   
2,063
     
558
     
2,621
 
                         
 
  (i) Disposition during the year ended December 31, 2019 was primarily related to the disposal of a subsidiary (Note 4).
Intangible Assets
 
As of December 31, 2018
 
  
Gross carrying
value
 
  
Accumulated
 

impairment
 
  
Accumulated
amortization
 
  
Net carrying value
 
  
RMB
 
  
RMB
 
  
RMB
 
  
RMB
 
  
(In millions)
 
Land use right
   
464
   
 
(130
)
 
  
(69
 )    
265
 
Customer relationships
   
589
   
 
—  
 
 
  
(476
 )    
113
 
Software
   
693
   
 
(7
)
 
  
(506
 )    
180
 
Trademarks
   
942
   
 
(2
)
 
  
(499
 )    
441
 
User list
   
684
   
 
(2
)
 
  
(679
 )    
3
 
Licensed copyrights
   
18,081
   
 
—  
 
 
  
(11,324
 )    
6,757
 
Others
   
2,291
   
 
(7
)
 
  
(862
 )    
1,422
 
                                 
    
23,744
   
 
(148
)
 
  
(14,415
 )    
9,181
 
                                 
  
As of December 31, 2019
 
  
Gross carrying
 

value
 
  
Accumulated
impairment
 
  
Accumulated
 

amortization
 
  
Net carrying
 

value
 
  
Net carrying
 

value
 
  
RMB
 
  
RMB
 
  
RMB
 
  
RMB
 
  
US$
 
  
(In millions)
 
Customer relationships
   
31
   
 
—  
 
 
  
(31
)     
—
     
—
 
Software
   
509
   
 
(7
)
 
  
(335
)     
167
     
24
 
Trademarks
   
658
   
 
(2
)
 
  
(182
)     
474
     
68
 
User list
   
84
   
 
(2
)
 
  
(79
)     
3
     
—
 
Licensed copyrights
   
20,287
   
 
—  
 
 
  
(14,000
)     
6,287
     
903
 
Others
   
2,339
   
 
(408
)
 
  
(975
)     
956
     
138
 
                                         
    
23,908
   
 
(419
)
 
  
(15,602
)     
7,887
     
1,133
 
                                         
The Company recognized impairment loss on intangible assets excluding licensed copyrights of RMB139 million, RMB5 million and RMB406 million (US$58 million) for the years ended December 31, 2017, 2018 and 2019,
respectively. For impairment charges on licensed copyrights, please refer to Note 2.
Amortization expense of intangible assets were RMB7.9 billion, RMB12.5 billion and RMB13.5 billion (US$1.9 billion), for the years ended December 31, 2017, 2018 and 2019
 
respectively.
Estimated amortization expense relating to the existing intangible assets with finite lives for each of the next five years is as follows:
 
                 
 
RMB
 
  
US$
 
 
(In millions)
 
For the years ending December 31, 2020
   
3,943
     
566
 
2021
   
2,036
     
292
 
2022
   
1,044
     
150
 
2023
   
364
     
52
 
2024
   
121
     
17
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
The carrying amounts of intangible assets with indefinite useful li
v
es
 were insignificant as of December 31, 2018 and 2019.