XML 30 R12.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Long-Term Time Deposits and Held-to-Maturity Investments | 12 Months Ended
--- | ---
Dec. 31, 2023
Schedule of Investments [Abstract] |
Long-Term Time Deposits and Held-to-Maturity Investments |
5. | LONG-TERM TIME DEPOSITS AND HELD-TO-MATURITY INVESTMENTS
Long-term time deposits and held-to-maturity securities were mainly deposits in commercial banks with maturities of greater than one year and wealth management products issued by commercial banks and other financial institutions for which the Group has the positive intent and ability to hold those securities to maturity with maturities of greater than one year. During the years ended December 31, 2021, 2022 and 2023, the Group recorded interest income from its long-term held-to-maturity investments of RMB326 million, RMB585 million and RMB1.3 billion (US$177 million) in the consolidated statements of comprehensive income, respectively. Long-term time deposits and held-to-maturity investments classification as of December 31, 2022 and 2023 were shown as below:
|  | As of December 31, 2022 |
|  | Cost or Amortized cost |  |  | Gross unrecognized holding gains |  |  | Gross unrecognized holding losses |  |  | Fair value |
|  | RMB |  |  | RMB |  |  | RMB |  |  | RMB |
|  | (In millions) |
Long-term time deposits and held-to-maturity investments |  |  | 23,629 |  |  |  | 170 |  |  |  | (111 | ) |  |  | 23,688 |
|  | As of December 31, 2023 |
|  | Cost or Amortized cost |  |  | Gross unrecognized holding gains |  |  | Gross unrecognized holding losses |  |  | Fair value |
|  | RMB |  |  | RMB |  |  | RMB |  |  | RMB |  |  | US$ |
|  | (In millions) |
Long-term time deposits and held-to-maturity investments |  |  | 24,666 |  |  |  | 261 |  |  |  | (55) |  |  |  | 24,872 |  |  |  | 3,503 |
The following table summarizes the amortized cost of long-term time deposits and held-to-maturity investments with stated contractual dates, classified by the contractual maturity date of the investments:
|  | As of December 31, |
|  | 2022 |  |  | 2023 |  |  | 2023 |
|  | RMB |  |  | RMB |  |  | US$ |
|  | (In millions) |
Due in 1 year through 2 years |  |  | 11,089 |  |  |  | 22,303 |  |  |  | 3,141 |
Due in 2 years through 3 years |  |  | 12,240 |  |  |  | 2,063 |  |  |  | 291 |
Due in 3 years through 5 years |  |  | 300 |  |  |  | 300 |  |  |  | 42 |
Total |  |  | 23,629 |  |  |  | 24,666 |  |  |  | 3,474 |

X
- Definition The entire disclosure for investments and other noncurrent assets. + References No definition available. + Details
Name: | us-gaap_InvestmentsAndOtherNoncurrentAssetsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_ScheduleOfInvestmentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration