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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 7,777,530 $ 8,205,550
Other current assets 1,826,746 1,556,030
Total current assets 9,604,276 9,761,580
Content assets, net 27,291,640 25,383,950
Property and equipment, net 1,107,437 960,183
Other non-current assets 2,967,616 3,174,646
Total assets 40,970,969 39,280,359
Current liabilities:    
Current content liabilities 4,197,874 4,429,536
Accounts payable 622,931 656,183
Accrued expenses and other liabilities 1,125,591 1,102,196
Deferred revenue 1,187,364 1,117,992
Short-term debt 699,128 499,878
Total current liabilities 7,832,888 7,805,785
Non-current content liabilities 2,265,286 2,618,084
Long-term debt 14,926,889 15,809,095
Other non-current liabilities 2,082,035 1,982,155
Total liabilities 27,107,098 28,215,119
Commitments and contingencies
Stockholders’ equity:    
Common stock, $0.001 par value; 4,990,000,000 shares authorized at June 30, 2021 and December 31, 2020; 442,595,888 and 442,895,261 issued and outstanding at June 30, 2021 and December 31, 2020, respectively 3,721,246 3,447,698
Treasury stock at cost (1,001,565 shares at June 30, 2021) (500,022) 0
Accumulated other comprehensive income 9,775 44,398
Retained earnings 10,632,872 7,573,144
Total stockholders’ equity 13,863,871 11,065,240
Total liabilities and stockholders’ equity $ 40,970,969 $ 39,280,359