v3.26.1
Long-Term Time Deposits and Held-to-Maturity Investments (Tables)
12 Months Ended
Dec. 31, 2025
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,
 
 
  
2024
 
  
2025
 
  
2025
 
 
  
RMB
 
  
RMB
 
  
US$
 
 
  
(In millions)
 
Due in 1 year through 2 years
     30,556        91,795        13,126  
Due in 2 years through 3 years
     67,979        8,165        1,168  
Due in 3 years through 5 years
     —         23,902        3,418  
  
 
 
    
 
 
    
 
 
 
Total
     98,535        123,862        17,712  
  
 
 
    
 
 
    
 
 
 
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, 2024 and 2025 are summarized below:
 
 
  
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
 
 
  
(In millions)
 
Long-term time deposits and
held-to-maturity
investments
     98,535        1,290        (756 )      99,069  
 
 
  
As of December 31, 2025
 
 
  
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
     123,862        1,411        (225 )
 
     125,048        17,882