XML 53 R35.htm IDEA: XBRL DOCUMENT

Organization and Basis of Presentation (Tables)

12 Months Ended

Dec. 31, 2023

Financial Statement Balances and Amounts of VIEs and Subsidiaries Included in Consolidating Financial Statements After Elimination of Intercompany Balances and Transactions Among VIEs and Subsidiaries within Group [Abstract]

Summary of Balance Sheet of Variable Interest Entity

The following tables set forth the financial statement balances and amounts of the VIEs and their subsidiaries included in the consolidating financial statements after the elimination of intercompany balances and transactions among VIEs and their subsidiaries within the Group.


		As of December 31,
		2022				2023				2023
		RMB				RMB				US$
		(In millions)
Assets
Cash and cash equivalents			3,781				4,838				681
Short-term investments, net			4,650				5,055				712
Accounts receivable, net			8,408				7,642				1,076
Others			8,487				8,286				1,167

Total current assets			25,326				25,821				3,636

Fixed assets, net			7,624				9,084				1,279
Intangible assets, net			1,209				835				118
Licensed copyrights, net			1,952				1,951				275
Produced content, net			12,534				12,349				1,739
Long-term investments, net			18,157				17,428				2,455
Long-term time deposits and held-to-maturity investments			300				330				46
Operating lease right-of-use assets			5,460				6,241				879
Others			10,829				11,266				1,587

Total non-current assets			58,065				59,484				8,378

Total			83,391				85,305				12,014

Liabilities
Accounts payable and accrued liabilities			15,749				16,385				2,308
Customer deposits and deferred revenue			7,387				8,007				1,128
Operating lease liabilities			2,554				2,883				406
Others			4,678				6,781				955

Total current third-party liabilities			30,368				34,056				4,797

Operating lease liabilities			4,565				4,920				693
Others			2,098				1,833				258

Total non-current third-party liabilities			6,663				6,753				951

Amounts due to the other entities within Baidu (1)			18,743				13,985				1,970

Total			55,774				54,794				7,718

Note:

(1)	It represents the elimination of intercompany balances among Baidu, Inc., its subsidiaries and the VIEs and VIEs’ subsidiaries.

Summary of Income Statement and Cash Flow of Variable Interest Entity


		For the years ended December 31,
		2021				2022				2023				2023
		RMB				RMB				RMB				US$
		(In millions)
Total revenues			61,380				62,121				67,001				9,437
Net (loss) income			(220	)			212				4,202				592
Net cash provided by operating activities			4,121				2,938				5,328				750
Net cash used in investing activities			(7,551	)			(1,898	)			(2,381	)			(335	)
Net cash provided by/(used in) financing activities			3,999				(64	)			(1,998	)			(281	)