Shareholders' Equity (Tables)

12 Months Ended

Dec. 31, 2024

Equity Abstract

Retained Earning

	As of December 31,
	2023		2024		2024
	RMB		RMB		US$
	(In millions)
PRC statutory reserve funds		1,567		2,031		278
Unreserved retained earnings		159,673		178,042		24,392
Total retained earnings		161,240		180,073		24,670

Changes in Accumulated Other Comprehensive (Loss) Income by Component, Net of Tax

The changes in accumulated other comprehensive (loss) income by component, net of tax, were as follows:

	Foreign currency translation adjustments			Unrealized gains (losses) on available-for-sale investments			Unrealized gains (losses) on derivatives			Total
	RMB			RMB			RMB			RMB
	(In millions)
Balance at December 31, 2021		(1,007	)		850			149			(8	)
Cumulative effect of accounting change		13			—			—			13
Other comprehensive (loss) income before reclassification		(764	)		(392	)		1,266			110
Net current-period other comprehensive (loss) income		(751	)		(392	)		1,266			123
Other comprehensive income (loss) attribute to noncontrolling interests and redeemable noncontrolling interests		432			(1	)		—			431
Balance at December 31, 2022		(1,326	)		457			1,415			546
Other comprehensive loss before reclassification		(626	)		(188	)		(422	)		(1,236	)
Amounts reclassified from accumulated other comprehensive income		(287	)		(13	)		—			(300	)
Net current-period other comprehensive loss		(913	)		(201	)		(422	)		(1,536	)
Other comprehensive income attribute to noncontrolling interests and redeemable noncontrolling interests		88			7			—			95
Balance at December 31, 2023		(2,151	)		263			993			(895	)
Other comprehensive (loss) income before reclassification		(428	)		103			(387	)		(712	)
Amounts reclassified from accumulated other comprehensive income		(338	)		71			—			(267	)
Net current-period other comprehensive loss		(766	)		174			(387	)		(979	)
Other comprehensive income attribute to noncontrolling interests and redeemable noncontrolling interests		71			—			—			71
Balance at December 31, 2024		(2,846	)		437			606			(1,803	)
Balance at December 31, 2024, in US$		(390	)		60			83			(247	)

Tax Effect Allocated to Each Component of Other Comprehensive Income (loss)

The following table sets forth the tax benefit (expense) allocated to each component of other comprehensive income (loss) for the years ended December 31, 2022, 2023 and 2024:

	For the years ended December 31,
	2022		2023			2024			2024
	RMB		RMB			RMB			US$
	(In millions)
Unrealized gains (losses) on available-for-sale investments
Other comprehensive income (loss) before reclassification		28		(13	)		(18	)		(2	)
Net current-year other comprehensive income (loss)		28		(13	)		(18	)		(2	)