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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 1,918,777 $ 1,467,576
Short-term investments 246,125 266,206
Current content assets, net 4,149,111 3,726,307
Other current assets 386,772 260,202
Total current assets 6,700,785 5,720,291
Non-current content assets, net 9,078,474 7,274,501
Property and equipment, net 309,831 250,395
Other non-current assets 428,133 341,423
Total assets 16,517,223 13,586,610
Current liabilities:    
Current content liabilities 4,095,374 3,632,711
Accounts payable 273,398 312,842
Accrued expenses 248,871 197,632
Deferred revenue 505,302 443,472
Total current liabilities 5,122,945 4,586,657
Non-current content liabilities 3,356,090 2,894,654
Long-term debt 4,836,502 3,364,311
Other non-current liabilities 89,186 61,188
Total liabilities 13,404,723 10,906,810
Commitments and contingencies (Note 6)
Stockholders’ equity:    
Common stock, $0.001 par value; 4,990,000,000 shares authorized at June 30, 2017 and December 31, 2016; 431,749,744 and 430,054,212 issued and outstanding at June 30, 2017 and December 31, 2016, respectively 1,727,858 1,599,762
Accumulated other comprehensive loss (31,368) (48,565)
Retained earnings 1,416,010 1,128,603
Total stockholders’ equity 3,112,500 2,679,800
Total liabilities and stockholders’ equity $ 16,517,223 $ 13,586,610