Organization and Basis of Presentation (Tables)

12 Months Ended

Dec. 31, 2021

Organization, Consolidation and Presentation of Financial Statements [Abstract]

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,
	2020		2021		2021
	RMB		RMB		US$
	(In millions)
Assets
Cash and cash equivalents		2,348		2,879		452
Short-term investments, net		6,930		2,986		469
Accounts receivable, net		6,151		7,490		1,175
Others		8,560		8,074		1,268

Total current assets		23,989		21,429		3,364

Fixed assets, net		4,978		8,905		1,397
Intangible assets, net		1,499		1,614		253
Licensed copyrights, net		993		2,289		359
Produced content, net		6,130		10,426		1,636
Long-term investments, net		20,707		23,104		3,626
Operating lease right-of-use assets		6,460		7,076		1,110
Others		7,717		10,697		1,678

Total non-current assets		48,484		64,111		10,059

Total		72,473		85,540		13,423

Liabilities
Accounts payable and accrued liabilities		14,363		18,352		2,880
Customer deposits and deferred revenue		5,991		6,050		949
Operating lease liabilities		2,068		2,619		411
Others		2,629		3,571		561

Total current third-party liabilities		25,051		30,592		4,801

Operating lease liabilities		4,376		5,253		824
Others		1,143		1,033		162

Total non-current third-party liabilities		5,519		6,286		986

Amounts due to the Company and its non-VIE subsidiaries, net		19,592		28,632		4,493

Total		50,162		65,510		10,280


	For the years ended December 31,
	2019			2020			2021			2021
	RMB			RMB			RMB			US$
	(In millions)
Total revenues		51,988			52,666			61,380			9,632
Net (loss) income		(2,950	)		2,091			(220	)		(35	)
Net cash provided by operating activities		1,649			4,616			4,121			647
Net cash used in investing activities		(4,829	)		(8,382	)		(7,551	)		(1,185	)
Net cash provided by financing activities		3,604			3,859			3,999			628

- 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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