Balance Sheet Components (Tables)

6 Months Ended

Jun. 30, 2024

Balance Sheet Related Disclosures [Abstract]

Schedule off Content Assets

Content assets consisted of the following:

	As of
	June 30, 2024		December 31, 2023
	(in thousands)
Licensed content, net	$	12,358,540	$	12,722,701
Produced content, net
Released, less amortization	10,033,753		9,843,150
In production	8,810,544		8,247,578
In development and pre-production	724,518		844,627
	19,568,815		18,935,355
Content assets, net	$	31,927,355	$	31,658,056

Schedule of Amortization of Streaming Content Assets

The following table represents the amortization of content assets:

	Three Months Ended				Six Months Ended
	June 30, 2024		June 30, 2023		June 30, 2024		June 30, 2023
	(in thousands)
Licensed content	$	1,884,491	$	1,779,321	$	3,719,608	$	3,502,999
Produced content	1,885,199		1,630,700		3,720,887		3,367,006
Total	$	3,769,690	$	3,410,021	$	7,440,495	$	6,870,005

Schedule of Property and Equipment, Net

Property and equipment and accumulated depreciation consisted of the following:

	As of
	June 30, 2024		December 31, 2023		Estimated Useful Lives
	(in thousands)
Land	$	85,000	$	85,000
Buildings and improvements	384,312		154,165		30 years
Leasehold improvements	1,048,874		1,032,492		Over life of lease
Furniture and fixtures	144,030		144,737		3 years
Information technology	411,448		414,092		3 years
Corporate aircraft	99,175		99,175		8-10 years
Machinery and equipment	11,572		10,334		3-5 years
Capital work-in-progress	241,274		406,492
Property and equipment, gross	2,425,685		2,346,487
Less: Accumulated depreciation	(914,727)		(855,043)
Property and equipment, net	$	1,510,958	$	1,491,444

Schedule 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				Six Months Ended
	June 30, 2024		June 30, 2023		June 30, 2024		June 30, 2023
	(in thousands)
Cash paid for operating lease liabilities	$	130,104	$	114,760	$	255,410	$	228,167
Right-of-use assets obtained in exchange for new operating lease obligations	160,812		91,572		344,774		112,466

	As of
	June 30, 2024		December 31, 2023
	(in thousands)
Operating lease right-of-use assets, net	$	2,223,261	$	2,076,899
Current operating lease liabilities	417,009		383,312
Non-current operating lease liabilities	2,127,120		2,046,801
Total operating lease liabilities	$	2,544,129	$	2,430,113

Schedule of Other Current Assets

Other current assets consisted of the following:

	As of
	June 30, 2024		December 31, 2023
	(in thousands)
Trade receivables	$	1,276,359	$	1,287,054
Prepaid expenses	445,622		408,936
Other	1,237,660		1,084,257
Total other current assets	$	2,959,641	$	2,780,247