Balance Sheet

CONSOLIDATED BALANCE SHEETS
(In millions, except share amounts which are reflected in thousands, and par value per share amounts)
	As of		As of			As of		As of		As of
	31-Dec-20		31-Dec-19			31-Dec-18		31-Dec-17		31-Dec-16
Assets
Current assets:
Cash and cash equivalents	$	26,465	$	18,498	$	16701	$	10715	$	12918
Marketable securities		110,229		101,177		92439		91156		73415
Total cash, cash equivalents, and marketable securities		136,694		119,675		109140		101871		86333
Accounts receivable, net		30,930		25,326		20838		18336		14137
Income taxes receivable, net		454		2,166		355		369		95
Inventory		728		999		1107		749		268
Other current assets		5,490		4,412		4236		2983		4575
Total current assets		174,296		152,578		135676		124308		105408
Non-marketable investments		20,703		13,078		13859		7813		5878
Deferred income taxes		1,084		721		737		680		383
Property and equipment, net		84,749		73,646		59719		42383		34234
Operating lease assets		12,211		10,941
Intangible assets, net		1,445		1,979		2220		2692		3307
Goodwill		21,175		20,624		17888		16747		16468
Other non-current assets		3,953		2,342		2693		2672		1819
Total assets	$	319,616	$	275,909	$	232792	$	197295	$	167497
Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable	$	5,589	$	5,561	$	4378	$	3137	$	3137
Accrued compensation and benefits		11,086		8,495		6839		4581		4581
Accrued expenses and other current liabilities		28,631		23,067		16958		10177		10177
Accrued revenue share		7,500		5,916		4592		3975		3975
Deferred revenue		2,543		1,908		1784		1432		1432
Income taxes payable, net		1,485		274		69		881		881
Total current liabilities		56,834		45,221		34620		24183		24183
Long-term debt		13,932		4,554		4012		3969		3969
Deferred revenue, non-current		481		358		396		340		340
Income taxes payable, non-current		8,849		9,885		11327		12812		12812
Deferred income taxes		3,561		1,701		1264		430		430
Operating lease liabilities		11,146		10,214		3545		3059		3059
Other long-term liabilities		2,269		2,534
Total liabilities		97,072		74,467		55164		44793		44793
Total stockholders’ equity		222,544		201,442		177628		152502		152502
Total liabilities and stockholders’ equity	$	319,616	$	275,909	$	232792	$	197295	$	167497

Income Statement

Year Ended December 31,
		2020		2019		2018		2017		2016
Revenues	$	182,527	$	161,857	$	136,819	$	110855	$	90272
Costs and expenses:
Cost of revenues		84,732		71,896		59,549		45583		35138
Research and development		27,573		26,018		21,419		16625		13948
Sales and marketing		17,946		18,464		16,333		12893		10485
General and administrative		11,052		9,551		6,923		6872		6985
European Commission fines		0		1,697		5,071		2736		0
Total costs and expenses		141,303		127,626		109,295		84709		66556
Income from operations		41,224		34,231		27,524		26146		23716
Other income (expense), net		6,858		5,394		7,389		1047		434
Income before income taxes		48,082		39,625		34,913		27193		24150
Provision for income taxes		7,813		5,282		4,177		14531		4672
Net income	$	40,269	$	34,343	$	30,736	$	12662	$	19478
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