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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 6,714,594 $ 5,147,176
Short-term investments 1,112,910 911,276
Other current assets 2,655,119 3,208,021
Total current assets 10,482,623 9,266,473
Content assets, net 32,349,184 32,736,713
Property and equipment, net 1,413,094 1,398,257
Other non-current assets 5,245,444 5,193,325
Total assets 49,490,345 48,594,768
Current liabilities:    
Current content liabilities 4,344,580 4,480,150
Accounts payable 591,987 671,513
Accrued expenses and other liabilities 1,718,069 1,514,650
Deferred revenue 1,262,271 1,264,661
Short-term debt 399,163 0
Total current liabilities 8,316,070 7,930,974
Non-current content liabilities 2,908,029 3,081,277
Long-term debt 14,037,965 14,353,076
Other non-current liabilities 2,400,085 2,452,040
Total liabilities 27,662,149 27,817,367
Commitments and contingencies (Note 7)
Stockholders’ equity:    
Common stock, $0.001 par value; 4,990,000,000 shares authorized at March 31, 2023 and December 31, 2022; 444,536,878 and 445,346,776 issued and outstanding at March 31, 2023 and December 31, 2022, respectively 4,762,395 4,637,601
Treasury stock at cost (2,786,534 and 1,564,478 shares at March 31, 2023 and December 31, 2022, respectively) (1,228,920) (824,190)
Accumulated other comprehensive loss (191,695) (217,306)
Retained earnings 18,486,416 17,181,296
Total stockholders’ equity 21,828,196 20,777,401
Total liabilities and stockholders’ equity $ 49,490,345 $ 48,594,768