Other Assets

12 Months Ended

Dec. 31, 2022

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Other Assets

9.   OTHER ASSETS

	As of December 31,
	2021		2022		2022
	RMB		RMB		US$
	(In millions)
Contract assets, net (i)		2,858		3,114		451
VAT prepayments		2,148		1,818		264
Inventories		1,477		1,227		178
Licensed copyrights (Note 6)		931		746		108
Advances to suppliers		843		769		111
Receivables from online payment agencies		622		856		124
Prepaid expenses		615		582		84
Deposits		374		379		55
Others		1,184		869		126
Total other current assets		11,052		10,360		1,501
Long-term prepaid expenses		15,223		16,257		2,357
Long-term restricted cash (ii)		—		750		109
Others		710		2,089		302
Total other non-current assets		15,933		19,096		2,768

(i) The allowance for credit losses on contract assets was RMB85 million and RMB285 million (US$42 million) as of December 31, 2021 and 2022, respectively. The amounts charged to expenses for credit losses on contract assets were RMB9 million, RMB58 million and RMB200 million (US$29 million) for the years ended December 31, 2020, 2021 and 2022, respectively. No write-offs were charged against the allowance for the years ended December 31, 2020, 2021 and 2022, respectively.

(ii) Long-term restricted cash represents collateral to repayments of the iQIYI PAG Notes (Note 15).