Balance Sheet Components (Tables)

3 Months Ended

Mar. 31, 2023

Balance Sheet Components Disclosure [Abstract]

Summary of Content Assets

Content assets consisted of the following:

	As of
	March 31, 2023		December 31, 2022
	(in thousands)
Licensed content, net	$	12,533,388	$	12,732,549
Produced content, net
Released, less amortization	9,306,337		9,110,518
In production	9,872,138		10,255,940
In development and pre-production	637,321		637,706
	19,815,796		20,004,164
Content assets, net	$	32,349,184	$	32,736,713

Summary of Amortization of Streaming Content Assets

The following table represents the amortization of content assets:

	Three Months Ended
	March 31, 2023		March 31, 2022
	(in thousands)
Licensed content	$	1,723,678	$	1,884,438
Produced content	1,736,306		1,281,927
Total	$	3,459,984	$	3,166,365

Summary of Property and Equipment, Net

Property and equipment and accumulated depreciation consisted of the following:

	As of
	March 31, 2023		December 31, 2022		Estimated Useful Lives
	(in thousands)
Land	$	86,452	$	85,005
Buildings	60,420		52,106		30 years
Leasehold improvements	1,050,836		1,040,570		Over life of lease
Furniture and fixtures	153,836		153,682		3 years
Information technology	443,073		442,681		3 years
Corporate aircraft	115,578		115,578		8-10 years
Machinery and equipment	27,068		26,821		3-5 years
Capital work-in-progress	284,181		235,555
Property and equipment, gross	2,221,444		2,151,998
Less: Accumulated depreciation	(808,350)		(753,741)
Property and equipment, net	$	1,413,094	$	1,398,257

Summary of Information on Right-of-Use Assets and Lease Liabilities

Information related to the Company's operating right-of-use assets and related operating lease liabilities were as follows:

	Three Months Ended
	March 31, 2023		March 31, 2022
	(in thousands)
Cash paid for operating lease liabilities	$	113,407	$	103,141
Right-of-use assets obtained in exchange for new operating lease obligations	20,894		141,298

	As of
	March 31, 2023		December 31, 2022
	(in thousands)
Operating lease right-of-use assets, net	$	2,175,020	$	2,227,122
Current operating lease liabilities	363,304		355,985
Non-current operating lease liabilities	2,155,415		2,222,503
Total operating lease liabilities	$	2,518,719	$	2,578,488

Schedule of Other Current Assets

Other current assets consisted of the following:

	As of
	March 31, 2023		December 31, 2022
	(in thousands)
Trade receivables	$	1,025,509	$	988,898
Prepaid expenses	485,997		392,735
Other	1,143,613		1,826,388
Total other current assets	$	2,655,119	$	3,208,021