Baidu, inc. (BIDU)
Balance Sheet / TTM
Sep'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Sep'12Dec'11Dec'10Dec'09
ASSETS
Current assets:
Cash and cash equivalents

2,297

1,704

1,569

1,537

2,232

1,600

1,906

409

655

1,179

615

Restricted cash

2

39

45

14

66

42

63

67

76

5

-

Short-term investments

12,917

13,738

11,370

8,948

7,062

4,746

3,307

2,977

1,597

57

55

Other invested securities

0

2,820

-

-

-

-

-

-

-

-

-

Accounts receivable, net of allowance of RMB316 and RMB665 (US$97) as of December 31, 2017 and September 30, 2018, respectively

794

703

591

606

590

366

201

158

95

44

23

Loans and interest receivable, current portion net of allowances of RMB660 and nil as of December 31, 2017 and September 30, 2018, respectively

0

3,679

259

-

-

-

-

-

-

-

-

Deferred tax assets, net

-

-

-

-

110

47

25

30

19

13

1

Amounts due from related parties

3,396

26

49

299

0

0

0

36

23

14

0

Other current assets, net

976

526

481

670

549

303

61

37

50

15

13

Total current assets

20,382

23,235

14,368

12,077

10,611

7,107

5,565

3,718

2,518

1,330

709

Non-current assets:
Fixed assets, net

2,358

1,917

1,626

1,640

1,403

887

624

593

436

245

146

Intangible assets, net

1,271

840

557

514

576

599

254

143

147

17

17

Goodwill

2,483

2,429

2,209

2,376

2,807

2,785

622

384

384

9

9

Long-term investments, net

11,734

8,651

6,580

5,859

463

104

128

174

116

43

2

Deferred tax assets, net

153

235

158

155

41

16

8

8

8

4

4

Loans and interest receivable, non current portion net of allowances of RMB104 as of December 31, 2017 and nil as of December 31, 2017 and September 30, 2018, respectively

0

533

390

-

-

-

-

-

-

-

-

Amounts due from related parties

290

1

1

1

0

61

0

96

15

-

-

Other non-current assets

1,418

848

319

198

158

163

125

83

81

22

12

Total non-current assets

19,707

15,454

11,844

10,747

5,450

4,618

1,764

1,483

1,190

343

192

Total assets

40,089

38,689

26,213

22,824

16,062

11,726

7,330

5,201

3,708

1,674

902

LIABILITIES AND EQUITY
Current liabilities (including amounts of the consolidated VIEs without recourse to the primary beneficiaries of RMB18,775 and RMB23,008 (US$3,351) as of December 31, 2017 and September 30, 2018):
Short-term loans

171

191

160

15

14

-

0

-

20

-

-

Accounts payable and accrued liabilities

4,914

4,229

4,127

2,754

2,089

1,216

611

500

404

199

109

Amounts due to the third-party investors

0

5,915

-

-

-

-

-

-

-

-

-

Customer advances and deposits

1,106

1,043

868

836

692

491

331

304

250

155

89

Deferred revenue

268

121

85

57

26

37

15

6

9

16

6

Deferred income

76

87

81

86

83

12

10

6

5

-

0

Long-term loans, current portion

1

2

499

150

349

56

-

363

-

-

-

Notes payable, current portion

998

999

749

-

-

-

-

-

-

-

-

Amounts due to related parties

127

24

66

121

1

0

-

6

0

14

-

Long-term loans, current portion

-

-

-

-

-

-

348

-

7

-

-

Capital lease obligation

-

0

1

7

9

7

5

5

2

-

-

Total current liabilities

7,661

12,611

6,640

4,029

3,267

1,822

1,322

1,193

700

386

205

Non-current liabilities (including amounts of the consolidated VIEs without recourse to the primary beneficiaries of RMB5,151 and RMB5,128 (US$747) as of December 31, 2017 and September 30, 2018):
Long-term payable for business acquisition

-

-

-

-

-

-

-

-

-

0

0

Deferred income

7

11

4

2

6

62

-

-

-

0

-

Deferred revenue

208

-

-

-

-

-

-

-

-

-

-

Long-term loans

1,029

1,030

982

500

299

348

57

3

361

13

-

Notes payable

4,971

4,474

3,982

4,739

3,488

2,497

1,498

-

-

-

-

Deferred tax liabilities

581

519

516

531

184

198

46

35

20

-

-

Amounts due to related parties

438

-

-

0

0

61

0

71

23

-

-

Capital lease obligation

-

-

0

1

8

6

7

8

4

-

-

Other non-current liabilities

28

6

9

19

23

11

30

35

3

-

-

Total non-current liabilities

7,262

6,040

5,495

5,794

4,010

3,186

1,639

154

414

13

0

Total liabilities

14,923

18,651

12,135

9,823

7,277

5,008

2,962

1,347

1,114

400

205

Commitments and contingencies

0

0

0

0

0

0

0

0

0

-

-

Redeemable noncontrolling interests

0

1,694

791

609

305

0

165

150

148

-

-

Equity
Additional paid-in capital

4,672

1,858

1,198

988

585

504

336

320

281

235

208

Retained earnings

18,521

15,728

12,348

11,525

7,681

5,703

3,858

3,380

2,161

1,055

504

Accumulated other comprehensive income

58

143

-256

-124

37

139

-12

-11

-13

-17

-16

Total Baidu, Inc. shareholders' equity

23,251

17,729

13,290

12,389

8,304

6,347

4,182

3,688

2,429

1,273

696

Noncontrolling interests

1,915

615

-3

1

174

370

20

15

15

-

-

Total equity

25,166

18,344

13,286

12,391

8,479

6,717

4,202

3,703

2,445

-

-

Total liabilities, redeemable noncontrolling interests and equity

40,089

38,689

26,213

22,824

16,062

11,726

7,330

5,201

3,708

1,674

902