v3.24.1.u1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 7,024,766 $ 7,116,913
Short-term investments 20,973 20,973
Other current assets 2,875,574 2,780,247
Total current assets 9,921,313 9,918,133
Content assets, net 31,662,100 31,658,056
Property and equipment, net 1,501,168 1,491,444
Other non-current assets 5,743,140 5,664,359
Total assets 48,827,721 48,731,992
Current liabilities:    
Current content liabilities 4,436,021 4,466,470
Accounts payable 607,348 747,412
Accrued expenses and other liabilities 1,977,428 1,803,960
Deferred revenue 1,469,484 1,442,969
Short-term debt 798,936 399,844
Total current liabilities 9,289,217 8,860,655
Non-current content liabilities 2,370,692 2,578,173
Long-term debt 13,217,038 14,143,417
Other non-current liabilities 2,585,364 2,561,434
Total liabilities 27,462,311 28,143,679
Commitments and contingencies (Note 8)
Stockholders’ equity:    
Common stock, $0.001 par value; 4,990,000,000 shares authorized at March 31, 2024 and December 31, 2023; 430,964,991 and 432,759,584 issued and outstanding at March 31, 2024 and December 31, 2023, respectively 5,489,850 5,145,172
Treasury stock at cost (19,648,480 and 16,078,268 shares at March 31, 2024 and December 31, 2023, respectively) (8,934,056) (6,922,200)
Accumulated other comprehensive loss (111,879) (223,945)
Retained earnings 24,921,495 22,589,286
Total stockholders’ equity 21,365,410 20,588,313
Total liabilities and stockholders’ equity $ 48,827,721 $ 48,731,992