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Long-Term Time Deposits and Held-to-Maturity Investments (Tables)
12 Months Ended
Dec. 31, 2024
Summary of Estimated Amortized Cost of Long Term Time Deposits and Held-to-Maturity Investments
The following table summarizes the net carrying amount of
long-term
time deposits and
held-to-maturity
investments with stated contractual dates, classified by the contractual maturity date of the investments:
 
    
As of December 31,
 
    
2023
    
2024
    
2024
 
    
RMB
    
RMB
    
US$
 
    
(In millions)
 
Due in 1 year through 2 years
     22,303        30,556        4,186  
Due in 2 years through 3 years
     2,063        67,979        9,313  
Due in 3 years through 5 years
     300        —         —   
  
 
 
    
 
 
    
 
 
 
Total
     24,666        98,535        13,499  
  
 
 
    
 
 
    
 
 
 
Long Term Investments  
Summary of Estimated Amortized Cost of Long Term Time Deposits and Held-to-Maturity Investments
Long-term time deposits and
held-to-maturity
investments as of December 31, 2023 and 2024 were shown as below:
 
    
As of December 31, 2023
 
    
Cost or
amortized
cost less
allowance
for credit
losses
    
Gross

unrecognized
holding gains
    
Gross
unrecognized
holding
losses
   
Fair
value
 
    
RMB
    
RMB
    
RMB
   
RMB
 
    
(In millions)
 
Long-term time deposits and
held-to-maturity
investments
     24,666        261        (55     24,872  
 
    
As of December 31, 2024
 
    
Cost or
amortized
cost less
allowance
for credit
losses
    
Gross

unrecognized
holding gains
    
Gross
unrecognized
holding
losses
   
Fair value
 
    
RMB
    
RMB
    
RMB
   
RMB
    
US$
 
    
(In millions)
 
Long-term time deposits and
held-to-maturity
investments
     98,535        1,290        (756     99,069        13,572