XML 60 R39.htm IDEA: XBRL DOCUMENT v3.25.1
Organization and Basis of Presentation (Tables)
12 Months Ended
Dec. 31, 2024
Financial Statement Balances and Amounts of VIEs and Subsidiaries Included in Consolidating Financial Statements After Elimination of Intercompany Balances and Transactions Among VIEs and Subsidiaries within Group [Abstract]  
Summary of Balance Sheet of Variable Interest Entity
The following tables set forth the financial statement balances and amounts of the VIEs and their subsidiaries included in the consolidating financial statements after the elimination of intercompany balances and transactions among VIEs and their subsidiaries within the Group.
 
    
As of December 31,
 
    
2023
    
2024
    
2024
 
    
RMB
    
RMB
    
US$
 
    
(In millions)
 
Assets
  
 
   
 
  
 
   
 
  
 
   
 
Cash and cash equivalents
     4,838        1,991        273  
Short-term investments, net
     5,055        5,473        750  
Accounts receivable, net
     7,642        7,131        977  
Others
     8,286        11,200        1,534  
  
 
 
    
 
 
    
 
 
 
Total current assets
     25,821        25,795        3,534  
  
 
 
    
 
 
    
 
 
 
        
Fixed assets, net
     9,084        12,583        1,724  
Intangible assets, net
     835        721        99  
Licensed copyrights, net
     1,951        1,657        227  
Produced content, net
     12,349        13,418        1,838  
Long-term investments, net
     17,428        16,410        2,248  
Long-term time deposits and
held-to-maturity
investments
     330        3,384        464  
Operating lease
right-of-use
assets
     6,241        6,435        882  
Others
     11,266        19,575        2,681  
  
 
 
    
 
 
    
 
 
 
Total
non-current
assets
     59,484        74,183        10,163  
  
 
 
    
 
 
    
 
 
 
Total
     85,305        99,978        13,697  
  
 
 
    
 
 
    
 
 
 
        
Liabilities
        
Accounts payable and accrued liabilities
     16,385        18,527        2,538  
Customer deposits and deferred revenue
     8,007        8,751        1,199  
Operating lease liabilities
     2,883        3,160        433  
Others
     6,781        9,273        1,270  
  
 
 
    
 
 
    
 
 
 
Total current third-party liabilities
     34,056        39,711        5,440  
  
 
 
    
 
 
    
 
 
 
        
Operating lease liabilities
     4,920        4,847        664  
Others
     1,833        2,505        343  
  
 
 
    
 
 
    
 
 
 
Total
non-current
third-party liabilities
     6,753        7,352        1,007  
  
 
 
    
 
 
    
 
 
 
Amounts due to the other entities within Baidu 
(i)
     13,985        20,316        2,784  
  
 
 
    
 
 
    
 
 
 
Total
     54,794        67,379        9,231  
  
 
 
    
 
 
    
 
 
 
Note:
(i)
It represents the elimination of intercompany balances among Baidu, Inc., its subsidiaries and the VIEs and VIEs’ subsidiaries.
Summary of Income Statement and Cash Flow of Variable Interest Entity
    
For the years ended December 31,
 
    
2022
    
2023
    
2024
    
2024
 
    
RMB
    
RMB
    
RMB
    
US$
 
    
(In millions)
 
Total revenues
     62,121        67,001        66,755        9,145  
Net income
     212        4,202        2,625        360  
Net cash provided by/(used in) operating activities
     2,938        5,328        (7,363      (1,009
Net cash used in investing activities
     (1,898      (2,381      (7,584      (1,039
Net cash (used in)/provided by financing activities
     (64      (1,998      12,098        1,657