v3.22.1
Goodwill and Intangible Assets
 12 Months Ended
Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets
10
.
GOODWILL AND INTANGIBLE ASSETS
Goodwill
The Company had
two
reporting units, Baidu Core and iQIYI, as of December 31, 2020 and
three
reporting units, consisting of Baidu Core
 excluding SLG
, SLG and iQIYI
 
as of December 31,
2021.
The changes in the carrying amount of goodwill for each reporting unit from 2020 to 2021 was as follows:
 
                                 
 
  
Baidu Core
excluding
SLG
 
  
SLG
 
  
iQIYI
 
  
Total
 
 
  
RMB
 
  
RMB
 
  
RMB
 
  
RMB
 
 
  
(In millions)
 
Balance at December 31, 2019
     
14,362
       
—
  		       
3,888
       
18,250
  
    
 
 
     
 
 
     
 
 
     
 
 
  
Goodwill acquired
(Note 3)
     
3,998
       
—
  		       
—
  		       
3,998
  
Balance at December 31, 2020
     
18,360
       
—
  		       
3,888
       
22,248
  
    
 
 
     
 
 
     
 
 
     
 
 
  
Goodwill acquired
(Note 3)
     
357
       
—
  		       
—
  		       
357
  
Goodwill
reassigned
(Note 2)
     
(1,777
 )      
1,777
       
—
  		       
—
  		  
Balance at December 31, 2021
     
16,940
       
1,777
       
3,888
       
22,605
  
    
 
 
     
 
 
     
 
 
     
 
 
  
Balance at December 31, 2021, in US$
     
2,658
       
279
       
610
       
3,547
  
    
 
 
     
 
 
     
 
 
     
 
 
  
Intangible Assets

                                 
    
As of December 31, 2020
  
    
Gross carrying
value
     
Accumulated
impairment
     
Accumulated
amortization
     
Net carrying
value
  
    
RMB
     
RMB
     
RMB
     
RMB
  
    
(In millions)
  
Trademarks
     
1,054
       
(238
 )      
(205
 )      
611
  
Technology
     
1,087
       
(52
 )      
(307
 )      
728
  
Intellectual property right
     
1,599
       
(467
 )      
(757
 )      
375
  
Online literature
     
151
       
—
  		       
(54
 )      
97
  
Others
     
899
       
(19
 )      
(669
 )      
211
  
    
 
 
     
 
 
     
 
 
     
 
 
  
      
4,790
       
(776
 )      
(1,992
 )      
2,022
  
    
 
 
     
 
 
     
 
 
     
 
 
  
                                         
    
As of December 31, 2021
  
    
Gross carrying
value
     
Accumulated
impairment
    
Accumulated
amortization
    
Net carrying
value
     
Net carrying
value
  
    
RMB
     
RMB
    
RMB
    
RMB
     
US$
  
    
(In millions)
  
Trademarks
     
1,054
       
(238
 )     
(278
 )     
538
       
84
  
Technology
     
1,087
       
(52
 )     
(486
 )     
549
       
86
  
Intellectual property right
     
1,691
       
(473
 )     
(841
 )     
377
       
59
  
Online literature
     
155
       
—
  		      
(76
 )     
79
       
12
  
Others
     
906
       
(19
 )     
(741
 )     
146
       
24
  
    
 
 
     
 
 
    
 
 
    
 
 
     
 
 
  
      
4,893
       
(782
 )     
(2,422
 )     
1,689
       
265
  
    
 
 
     
 
 
    
 
 
    
 
 
     
 
 
  
The carrying amounts of intangible assets with indefinite useful lives were insignificant as of December 31, 2020 and 2021.
The Group recognized impairment losses on intangible assets of RMB
406
 million, RMB
350
 million and RMB
6
 million (US$
1
million) for the years ended December 31, 2019, 2020 and 2021, respectively. Impairment losses on intangible assets are recorded in
“
C
ost of revenues
”.
Amortization expense of intangible assets were RMB
661
 million, RMB
544
 million and RMB
471
 million (US$
74
million), for the years ended December 31, 2019, 2020 and 2021, respectively.
Estimated amortization expense relating to the existing intangible assets with finite lives for each of the next five years is as follow:
                 
    
RMB
     
US$
  
    
(In millions)
  
For the years ending December 31,
                  
2022
     
470
       
74
  
2023
     
356
       
56
  
2024
     
291
       
46
  
2025
     
222
       
35
  
2026
     
144
       
23