Other Current Assets, Net

12 Months Ended

Dec. 31, 2024

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

Other Current Assets, Net

9.  OTHER CURRENT ASSETS, NET

	As of December 31,
	2023		2024		2024
	RMB		RMB		US$
	(In millions)
Contract assets, net (i)		3,085		2,353		322
VAT prepayments		1,738		2,262		310
Inventories		1,396		5,989		820
Receivables from online payment agencies		1,263		1,033		142
Advances to suppliers		871		3,048		418
Prepaid expenses		728		570		78
Licensed copyrights (Note 6)		582		389		53
Deposits		386		303		42
Others		2,530		2,871		395
Total other current assets		12,579		18,818		2,580

(i) The allowance for credit losses on contract assets was RMB168 million and RMB155 million (US$21 million) as of December 31, 2023 and 2024, respectively. An expense of RMB200 million, a net reversal of RMB117 million and a net reversal of RMB13 million (US$2 million) were recognized for credit losses on contract assets for the years ended December 31, 2022, 2023 and 2024, respectively. No write-offs were charged against the allowance for the years ended December 31, 2022, 2023 and 2024, respectively.