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Consolidated Statements of Cash Flows
¥ in Millions, $ in Millions
 12 Months Ended
Dec. 31, 2023
CNY (¥)
Dec. 31, 2023
USD ($)
Dec. 31, 2022
CNY (¥)
Dec. 31, 2021
CNY (¥)
Cash flows from operating activities:        
Net income ¥ 21,549 $ 3,036 ¥ 7,534 ¥ 7,591
Adjustments to reconcile net income to net cash provided by operating activities:        
Depreciation of fixed assets and computer parts 7,390 1,041 6,477 5,884
Amortization and impairment of intangible assets 430 61 467 471
Deferred income tax, net (163) (23) (99) (449)
Share-based compensation 6,345 894 6,788 7,056
Allowance for credit losses 693 98 701 989
Investment and interest (income) loss (3,765) (530) 4,010 (3,930)
Amortization of licensed copyrights 7,088 998 7,781 10,083
Amortization and impairment of produced content 6,549 922 5,359 6,121
Impairment of long-term investments and other assets 910 128 3,058 4,445
Share of losses from equity method investments 3,799 535 1,910 932
Gain on disposal of subsidiaries or business (157) (22) (868) (45)
Gain on disposal of fixed assets (36) (5) (58) (81)
Barter transaction revenue (418) (59) (876) (1,244)
Accretion on convertible senior notes and others 332 47 146 618
Other non-cash expenses (income) (864) (121) 598 372
Changes in operating assets and liabilities, net of effects of acquisitions and disposals:        
Accounts receivable 216 30 (2,369) (2,144)
Amounts due from related parties (196) (28) 264 (695)
Licensed copyrights (6,381) (899) (6,144) (9,731)
Produced content (6,928) (976) (7,391) (10,492)
Other assets (691) (98) 965 (3,644)
Customer deposits and deferred revenue 1,645 232 (460) 622
Accounts payable and accrued liabilities and other non-current liabilities (858) (122) (1,450) 7,141
Deferred income 273 38 16 (29)
Amounts due to related parties (147) (20) (189) 281
Net cash provided by operating activities 36,615 5,157 26,170 20,122
Cash flows from investing activities:        
Acquisition of fixed assets (11,190) (1,576) (8,286) (10,896)
Acquisition of businesses, net of cash acquired (115) (16) (14) (247)
Acquisition of intangible assets (105) (15) (107) (344)
Purchases of time deposits and held-to-maturity investments (198,658) (27,980) (173,934) (171,526)
Maturities of time deposits and held-to-maturity investments 152,877 21,532 178,831 156,700
Purchases of available-for-sale debt investments (3,335) (470) (7,587) (25,575)
Sales and maturities of available-for-sale debt investments 2,155 304 9,288 25,895
Purchases of equity investments (1,487) (209) (3,628) (3,395)
Proceeds from disposal of equity investments 6,884 969 1,984 9,908
Disposal of subsidiaries' shares 15 2 270 0
Loans provided to third parties (1,472) (207) 0 (810)
Loans provided to related parties (1)   (859) 0
Repayment of loans provided to third parties     0 810
Repayment of loans provided to related parties 3,946 556 0 0
Prepayments made for the acquisition of businesses     0 (12,035)
Other investing activities 89 12 98 71
Net cash used in investing activities (50,397) (7,098) (3,944) (31,444)
Cash flows from financing activities:        
Proceeds from short-term loans 15,928 2,243 6,273 4,487
Repayments of short-term loans (11,026) (1,553) (5,084) (3,365)
Proceeds from long-term loans 130 18 0 12,673
Repayments of long-term loans and borrowings from third party investors (7,327) (1,032) (11,451) (7,277)
Repayment of loans borrowed from related parties (3,477) (490) 0 0
Proceeds from issuance of long-term notes, net of issuance costs     0 6,440
Proceeds from issuance of convertible senior notes, net of issuance costs 4,415 622 3,449 633
Repayments or redemption of convertible senior notes (11,736) (1,653) 0 (4,751)
Proceeds from issuance of subsidiaries' shares 3,461 488 1,227 684
Repurchase of ordinary shares (4,764) (671) (1,925) (7,581)
Proceeds from exercise of share options 103 15 200 335
Proceeds from issuance of redeemable noncontrolling interests 351 49 1,212 4,935
Acquisition of redeemable noncontrolling interests and noncontrolling interests in a subsidiary     (86) (880)
Proceeds from Hong Kong listing, net of issuance costs     0 19,873
Return of equity to noncontrolling interest shareholders     0 (2,701)
Other financing activities (220) (31) (205) (109)
Net cash provided by/(used in) financing activities (14,162) (1,995) (6,390) 23,396
Effect of exchange rate changes on cash, cash equivalents and restricted cash 282 40 1,729 (943)
Net increase/(decrease) in cash, cash equivalents and restricted cash (27,662) (3,896) 17,565 11,131
Cash, cash equivalents and restricted cash at the beginning of the year 65,236 9,188 47,671 36,540
Cash, cash equivalents and restricted cash at the end of the year 37,574 5,292 65,236 47,671
Supplemental disclosures:        
Interest paid 2,764 389 2,690 2,542
Income taxes paid 3,666 516 3,525 3,253
Non-cash investing and financing activities:        
Acquisition of fixed assets included in accounts payable and accrued liabilities 1,310 184 1,000 1,843
Reconciliation of cash, cash equivalents and restricted cash:        
Cash and cash equivalents 25,231 3,554 53,156 36,850
Restricted cash 11,503 1,620 11,330 10,821
Long-term restricted cash [1] 840 118 750  
Cash, cash equivalents and restricted cash at the end of the year ¥ 37,574 $ 5,292 ¥ 65,236 ¥ 47,671
[1] Long-term restricted cash represents collateral to repayments of the iQIYI PAG Convertible Notes (Note 15).