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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 2,822,795 $ 1,467,576
Short-term investments 0 266,206
Current content assets, net 4,310,934 3,726,307
Other current assets 536,245 260,202
Total current assets 7,669,974 5,720,291
Non-current content assets, net 10,371,055 7,274,501
Property and equipment, net 319,404 250,395
Other non-current assets 652,309 341,423
Total assets 19,012,742 13,586,610
Current liabilities:    
Current content liabilities 4,173,041 3,632,711
Accounts payable 359,555 312,842
Accrued expenses 315,094 197,632
Deferred revenue 618,622 443,472
Total current liabilities 5,466,312 4,586,657
Non-current content liabilities 3,329,796 2,894,654
Long-term debt 6,499,432 3,364,311
Other non-current liabilities 135,246 61,188
Total liabilities 15,430,786 10,906,810
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.001 par value; 10,000,000 shares authorized at December 31, 2017 and 2016; no shares issued and outstanding at December 31, 2017 and 2016 0 0
Common stock, $0.001 par value; 4,990,000,000 shares authorized at December 31, 2017 and December 31, 2016, respectively; 433,392,686 and 430,054,212 issued and outstanding at December 31, 2017 and December 31, 2016, respectively 1,871,396 1,599,762
Accumulated other comprehensive loss (20,557) (48,565)
Retained earnings 1,731,117 1,128,603
Total stockholders’ equity 3,581,956 2,679,800
Total liabilities and stockholders’ equity $ 19,012,742 $ 13,586,610