v3.22.1
Other Assets
12 Months Ended
Dec. 31, 2021
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Other Assets
8
.
 
OTHER ASSETS
 
    
As of December 31,
 
    
2020
    
2021
    
2021
 
    
RMB
    
RMB
    
US$
 
    
(In millions)
 
Contract assets, net
(i)
     1,755        2,858        448  
VAT prepayments
     1,768        2,148        337  
Inventories
     618        1,477        232  
Prepaid licensed copyrights
     1,035        931        146  
Advances to suppliers
     1,053        843        132  
Receivables from online payment agencies
     440        622        98  
Prepaid expenses
     491        615        97  
Deposits
     437        374        59  
Income tax prepayments
     130        19        3  
Others
     3,279        1,165        183  
    
 
 
    
 
 
    
 
 
 
Total other current assets
     11,006        11,052        1,735  
    
 
 
    
 
 
    
 
 
 
Long-term prepaid expenses
     3,084        15,223        2,389  
Others
     364        710        112  
    
 
 
    
 
 
    
 
 
 
Total other
non-current
assets
     3,448        15,933        2,501  
    
 
 
    
 
 
    
 
 
 
(i)
The allowance for credit losses on contract assets was RMB27 million and RMB85 million (US$13 million) as of December 31, 2020 and 2021, respectively. The amounts charged to expenses for credit losses on contract assets were RMB9 million and RMB58 million (US$9 million) for the years ended December 31, 2020 and 2021, respectively. No
write-offs were charged against the allowance for the years ended December 31, 2020 and 2021, respectively. The effect of adopting ASU 2016-13 on January 1, 2020 was RMB11 million to the opening balance of contract assets, net.