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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 2,593,666 $ 2,822,795
Current content assets, net 4,626,522 4,310,934
Other current assets 597,388 536,245
Total current assets 7,817,576 7,669,974
Non-current content assets, net 11,314,803 10,371,055
Property and equipment, net 341,932 319,404
Other non-current assets 678,486 652,309
Total assets 20,152,797 19,012,742
Current liabilities:    
Current content liabilities 4,466,081 4,173,041
Accounts payable 436,183 359,555
Accrued expenses 429,431 315,094
Deferred revenue 673,892 618,622
Total current liabilities 6,005,587 5,466,312
Non-current content liabilities 3,444,476 3,329,796
Long-term debt 6,542,373 6,499,432
Other non-current liabilities 139,631 135,246
Total liabilities 16,132,067 15,430,786
Commitments and contingencies (Note 6)
Stockholders’ equity:    
Common stock, $0.001 par value; 4,990,000,000 shares authorized at March 31, 2018 and December 31, 2017; 434,657,303 and 433,392,686 issued and outstanding at March 31, 2018 and December 31, 2017, respectively 1,995,225 1,871,396
Accumulated other comprehensive income (loss) 4,264 (20,557)
Retained earnings 2,021,241 1,731,117
Total stockholders’ equity 4,020,730 3,581,956
Total liabilities and stockholders’ equity $ 20,152,797 $ 19,012,742