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Consolidated Balance Sheets
¥ in Millions, $ in Millions
Dec. 31, 2024
CNY (¥)
Dec. 31, 2024
USD ($)
Dec. 31, 2023
CNY (¥)
Current assets:      
Cash and cash equivalents ¥ 24,832 $ 3,402 ¥ 25,231
Restricted cash 11,697 1,602 11,503
Short-term investments, net 102,608 14,057 168,670
Accounts receivable, net of allowance of RMB3,176 and RMB3,507 (US$480) as of December 31, 2023 and 2024, respectively 10,104 1,384 10,848
Other current assets, net 18,818 2,580 12,579
Total current assets 168,849 23,133 230,255
Non-current assets:      
Fixed assets, net 30,102 4,124 27,960
Licensed copyrights, net 6,930 949 6,967
Produced content, net 14,695 2,013 13,377
Intangible assets, net 772 106 881
Goodwill 22,586 3,094 22,586
Long-term investments, net 41,721 5,716 47,957
Long-term time deposits and held-to-maturity investments 98,535 13,499 24,666
Deferred tax assets, net 2,193 300 2,100
Operating lease right-of-use assets 10,898 1,493 10,851
Prepayments and receivables related to the proposed acquisition of YY Live, net 13,547 1,856 13,198
Other non-current assets 16,815 2,304 5,766
Total non-current assets 258,931 35,473 176,504
Total assets 427,780 58,606 406,759
Current liabilities (including amounts of the consolidated VIEs without recourse to the primary beneficiaries of RMB34,056 and RMB39,711 (US$5,440) as of December 31, 2023 and 2024, respectively):      
Short-term loans 10,669 1,462 10,257
Accounts payable and accrued liabilities 41,443 5,677 37,717
Customer deposits and deferred revenue 14,624 2,003 14,627
Deferred income 684 94 306
Long-term loans, current portion 168 23 2
Convertible senior notes, current portion 242 33 2,802
Notes payable, current portion 8,026 1,100 6,029
Operating lease liabilities 3,303 453 3,108
Total current liabilities 80,953 11,091 76,451
Non-current liabilities (including amounts of the consolidated VIEs without recourse to the primary beneficiaries of RMB6,753 and RMB7,352 (US$1,007) as of December 31, 2023 and 2024, respectively):      
Deferred income 231 32 200
Deferred revenue 585 80 481
Amounts due to related parties 56 8 77
Long-term loans 15,596 2,137 14,223
Notes payable 27,996 3,835 34,990
Convertible senior notes 8,351 1,144 8,144
Deferred tax liabilities 3,870 530 2,725
Operating lease liabilities 4,973 681 5,040
Other non-current liabilities 1,557 213 1,820
Total non-current liabilities 63,215 8,660 67,700
Total liabilities 144,168 19,751 144,151
Commitments and contingencies  
Redeemable noncontrolling interests 9,870 1,352 9,465
Equity      
Additional paid-in capital 91,586 12,547 87,099
Treasury stock (6,236) (854) (3,818)
Retained earnings 180,073 24,670 161,240
Accumulated other comprehensive loss (1,803) (247) (895)
Total Baidu, Inc. shareholders' equity 263,620 36,116 243,626
Noncontrolling interests 10,122 1,387 9,517
Total equity 273,742 37,503 253,143
Total liabilities, redeemable noncontrolling interests and equity 427,780 58,606 406,759
Related Party      
Current assets:      
Amounts due from related parties 790 108 1,424
Non-current assets:      
Amounts due from related parties 137 19 195
Current liabilities (including amounts of the consolidated VIEs without recourse to the primary beneficiaries of RMB34,056 and RMB39,711 (US$5,440) as of December 31, 2023 and 2024, respectively):      
Amounts due to related parties 1,794 246 1,603
Class A Ordinary Shares      
Equity      
Ordinary shares, value 0 0 0
Class B Ordinary Shares      
Equity      
Ordinary shares, value ¥ 0 $ 0 ¥ 0