Meta Platforms (META) 10-Q 28 Apr 16 2016 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2016	Apr. 25, 2016
Entity Information
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q1
Trading Symbol	FB
Entity Registrant Name	FACEBOOK INC
Entity Central Index Key	1,326,801
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Class A Common Stock
Entity Information
Entity Common Stock, Shares Outstanding		2,311,865,096
Class B Common Stock
Entity Information
Entity Common Stock, Shares Outstanding		548,439,425

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Millions	Mar. 31, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	$ 6,456	$ 4,907
Marketable securities	14,165	13,527
Accounts receivable, net of allowances for doubtful accounts of $63 and $68 as of March 31, 2016 and December 31, 2015, respectively	2,348	2,559
Prepaid expenses and other current assets	843	659
Total current assets	23,812	21,652
Property and equipment, net	6,467	5,687
Intangible assets, net	3,067	3,246
Goodwill	18,029	18,026
Other assets	700	796
Total assets	52,075	49,407
Current liabilities:
Accounts payable	149	196
Partners payable	216	217
Accrued expenses and other current liabilities	1,389	1,449
Deferred revenue and deposits	55	56
Current portion of capital lease obligations	0	7
Total current liabilities	1,809	1,925
Capital lease obligations, less current portion	0	107
Other liabilities	3,116	3,157
Total liabilities	4,925	5,189
Stockholders' equity:
Common stock, $0.000006 par value; 5,000 million Class A shares authorized, 2,311 million and 2,293 million shares issued and outstanding, including 7 million and 8 million outstanding shares subject to repurchase, as of March 31, 2016 and December 31, 2015, respectively; 4,141 million Class B shares authorized, 549 million and 552 million shares issued and outstanding, including 3 million outstanding shares subject to repurchase, as of March 31, 2016 and December 31, 2015	0	0
Additional paid-in capital	36,129	34,886
Accumulated other comprehensive loss	(276)	(455)
Retained earnings	11,297	9,787
Total stockholders' equity	47,150	44,218
Total liabilities and stockholders' equity	$ 52,075	$ 49,407

CONDENSED CONSOLIDATED BALANCE3

CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) (Parenthetical) - USD ($) shares in Millions, $ in Millions	Mar. 31, 2016	Dec. 31, 2015
Current assets:
Accounts receivable, allowances for doubtful accounts	$ 63	$ 68
Stockholders' equity:
Common stock, par value (in dollars per share)	$ 0.000006	$ 0.000006
Class A Common Stock
Stockholders' equity:
Common stock, shares authorized	5,000	5,000
Common stock, shares issued	2,311	2,293
Common stock, shares outstanding	2,311	2,293
Common stock, outstanding shares subject to repurchase	7	8
Class B Common Stock
Stockholders' equity:
Common stock, shares authorized	4,141	4,141
Common stock, shares issued	549	552
Common stock, shares outstanding	549	552
Common stock, outstanding shares subject to repurchase	3	3

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Revenue	$ 5,382	$ 3,543
Costs and expenses:
Cost of revenue	838	654
Research and development	1,343	1,062
Marketing and sales	826	620
General and administrative	366	274
Total costs and expenses	3,373	2,610
Income from operations	2,009	933
Interest and other income/(expense), net	56	(1)
Income before provision for income taxes	2,065	932
Provision for income taxes	555	420
Net income	1,510	512
Less: Net income attributable to participating securities	5	3
Net income attributable to Class A and Class B common stockholders	$ 1,505	$ 509
Earnings per share attributable to Class A and Class B common stockholders:
Basic (in dollars per share)	$ 0.53	$ 0.18
Diluted (in dollars per share)	$ 0.52	$ 0.18
Weighted average shares used to compute earnings per share attributable to Class A and Class B common stockholders:
Basic (in shares)	2,843	2,784
Diluted (in shares)	2,888	2,836
Share-based compensation expense included in costs and expenses:
Share-based compensation expense	$ 747	$ 703
Cost of revenue
Share-based compensation expense included in costs and expenses:
Share-based compensation expense	22	17
Research and development
Share-based compensation expense included in costs and expenses:
Share-based compensation expense	586	566
Marketing and sales
Share-based compensation expense included in costs and expenses:
Share-based compensation expense	82	72
General and administrative
Share-based compensation expense included in costs and expenses:
Share-based compensation expense	$ 57	$ 48

CONDENSED CONSOLIDATED STATEME5

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Statement of Comprehensive Income [Abstract]
Net income	$ 1,510	$ 512
Other comprehensive income (loss):
Change in foreign currency translation adjustment, net of tax	137	(223)
Change in unrealized gain/loss on available-for-sale investments and other, net of tax	42	4
Comprehensive income	$ 1,689	$ 293

CONDENSED CONSOLIDATED STATEME6

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Cash flows from operating activities
Net income	$ 1,510	$ 512
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	552	457
Share-based compensation	747	694
Deferred income taxes	(65)	(223)
Tax benefit from share-based award activity	494	423
Excess tax benefit from share-based award activity	(494)	(423)
Other	13	6
Changes in assets and liabilities:
Accounts receivable	267	84
Prepaid expenses and other current assets	(106)	(43)
Other assets	15	(32)
Accounts payable	2	(15)
Partners payable	(3)	(13)
Accrued expenses and other current liabilities	(16)	134
Deferred revenue and deposits	(2)	(10)
Other liabilities	69	149
Net cash provided by operating activities	2,983	1,700
Cash flows from investing activities
Purchases of property and equipment	(1,132)	(502)
Purchases of marketable securities	(3,126)	(3,055)
Sales of marketable securities	2,013	608
Maturities of marketable securities	537	339
Acquisitions of businesses, net of cash acquired, and purchases of intangible assets	(1)	(257)
Change in restricted cash and deposits	33	23
Net cash used in investing activities	(1,676)	(2,844)
Cash flows from financing activities
Principal payments on capital lease and other financing obligations	(312)	(47)
Excess tax benefit from share-based award activity	494	423
Other financing activities, net	2	(5)
Net cash provided by financing activities	184	371
Effect of exchange rate changes on cash and cash equivalents	58	(123)
Net increase (decrease) in cash and cash equivalents	1,549	(896)
Cash and cash equivalents at beginning of period	4,907	4,315
Cash and cash equivalents at end of period	6,456	3,419
Cash paid during the period for:
Interest	11	3
Income taxes, net	170	119
Non-cash investing and financing activities:
Net change in accounts payable, accrued expenses and other current liabilities, and other liabilities related to property and equipment additions	52	186
Promissory note payable issued in connection with an acquisition	$ 0	$ 198

Summary of Significant Accounti

Summary of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2016
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States (GAAP) and applicable rules and regulations of the Securities and Exchange Commission regarding interim financial reporting. Certain information and note disclosures normally included in the financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to such rules and regulations. As such, the information included in this quarterly report on Form 10-Q should be read in conjunction with the consolidated financial statements and accompanying notes included in our Annual Report on Form 10-K for the fiscal year ended December 31, 2015 . The condensed consolidated balance sheet as of December 31, 2015 included herein was derived from the audited financial statements as of that date, but does not include all disclosures including notes required by GAAP. The condensed consolidated financial statements include the accounts of Facebook, Inc. and its wholly owned subsidiaries. All intercompany balances and transactions have been eliminated. The accompanying condensed consolidated financial statements reflect all normal recurring adjustments necessary to present fairly the financial position, results of operations, and cash flows for the interim periods, but are not necessarily indicative of the results of operations to be anticipated for the full year ending December 31, 2016 . There have been no changes to our significant accounting policies described in our Annual Report on Form 10-K for the fiscal year ended December 31, 2015 that have had a material impact on our condensed consolidated financial statements and related notes. Use of Estimates Conformity with GAAP requires the use of estimates and judgments that affect the reported amounts in the condensed consolidated financial statements and accompanying notes. These estimates form the basis for judgments we make about the carrying values of our assets and liabilities, which are not readily apparent from other sources. We base our estimates and judgments on historical information and on various other assumptions that we believe are reasonable under the circumstances. GAAP requires us to make estimates and judgments in several areas, including, but not limited to, those related to revenue recognition, collectability of accounts receivable, contingent liabilities, fair value of financial instruments, fair value of acquired intangible assets and goodwill, useful lives of intangible assets and property and equipment, and income taxes. These estimates are based on management's knowledge about current events and expectations about actions we may undertake in the future. Actual results could differ materially from those estimates. Recent Accounting Pronouncement In February 2016, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update No. 2016-02, Leases (Topic 842) (ASU 2016-02), which generally requires companies to recognize operating and financing lease liabilities and corresponding right-of-use assets on the balance sheet. This guidance will be effective for us in the first quarter of 2019 on a modified retrospective basis and early adoption is permitted. We are still evaluating the effect that this guidance will have on our consolidated financial statements and related disclosures. In March 2016, the FASB issued Accounting Standards Update No. 2016-08, Revenue from Contracts with Customers (Topic 606): Principal versus Agent Considerations (Reporting Revenue Gross versus Net) (ASU 2016-08) which clarifies the implementation guidance on principal versus agent considerations. The guidance includes indicators to assist an entity in determining whether it controls a specified good or service before it is transferred to the customers. This guidance will be effective for us in the first quarter of 2018, with the option to adopt it in the first quarter of 2017. We are still evaluating the effect that this guidance will have on our consolidated financial statements and related disclosures. In March 2016, the FASB issued Accounting Standards Update No. 2016-09, Compensation-Stock Compensation (Topic 718): Improvement to Employee Share-based Payment Accounting (ASU 2016-09) to simplify the accounting for share-based payment transactions, including the income tax consequences, an option to recognize gross share-based compensation expense with actual forfeitures recognized as they occur, as well as certain classifications on the statement of cash flows. This guidance will be effective for us in the first quarter of 2017, and early adoption is permitted. We are still evaluating the effect that this guidance will have on our consolidated financial statements and related disclosures.

Earnings per Share

Earnings per Share	3 Months Ended
	Mar. 31, 2016
Earnings Per Share [Abstract]
Earnings per Share	Earnings per Share We compute earnings per share (EPS) of Class A and Class B common stock using the two-class method required for participating securities. We consider restricted stock awards to be participating securities because holders of such shares have non-forfeitable dividend rights in the event of our declaration of a dividend for common shares. Undistributed earnings allocated to participating securities are subtracted from net income in determining net income attributable to common stockholders. Basic EPS is computed by dividing net income attributable to common stockholders by the weighted-average number of shares of our Class A and Class B common stock outstanding, adjusted for outstanding shares that are subject to repurchase. For the calculation of diluted EPS, net income attributable to common stockholders for basic EPS is adjusted by the effect of dilutive securities, including awards under our equity compensation plans and inducement awards under separate non-plan restricted stock unit (RSU) award agreements. In addition, the computation of the diluted EPS of Class A common stock assumes the conversion of our Class B common stock to Class A common stock, while the diluted EPS of Class B common stock does not assume the conversion of those shares to Class A common stock. Diluted EPS attributable to common stockholders is computed by dividing the resulting net income attributable to common stockholders by the weighted-average number of fully diluted common shares outstanding. Basic and dilutive securities in our basic and diluted EPS calculation for the three months ended March 31, 2016 and 2015 do not include contingent earn-out shares. Issuance of these earn-out shares is dependent upon the completion of certain milestones. These milestones have not been met as of March 31, 2016 and accordingly, these shares have been excluded from the effect of basic and dilutive securities. The RSUs excluded from the EPS calculation because the impact would be anti-dilutive, were not material for the three months ended March 31, 2016 . There were no RSUs excluded from the EPS calculation for the three months ended March 31, 2015 . Basic and diluted EPS are the same for each class of common stock because they are entitled to the same liquidation and dividend rights. The numerators and denominators of the basic and diluted EPS computations for our common stock are calculated as follows (in millions, except per share amounts): Three Months Ended March 31, 2016 2015 Class A Class B Class A Class B Basic EPS: Numerator Net income $ 1,219 $ 291 $ 410 $ 102 Less: Net income attributable to participating securities 4 1 2 1 Net income attributable to common stockholders $ 1,215 $ 290 $ 408 $ 101 Denominator Weighted average shares outstanding 2,303 550 2,241 561 Less: Shares subject to repurchase 7 3 12 6 Number of shares used for basic EPS computation 2,296 547 2,229 555 Basic EPS $ 0.53 $ 0.53 $ 0.18 $ 0.18 Diluted EPS: Numerator Net income attributable to common stockholders $ 1,215 $ 290 $ 408 $ 101 Reallocation of net income attributable to participating securities 5 — 3 — Reallocation of net income as a result of conversion of Class B to Class A common stock 290 — 101 — Reallocation of net income to Class B common stock — 2 — 3 Net income attributable to common stockholders for diluted EPS $ 1,510 $ 292 $ 512 $ 104 Denominator Number of shares used for basic EPS computation 2,296 547 2,229 555 Conversion of Class B to Class A common stock 547 — 555 — Weighted average effect of dilutive securities: Employee stock options 5 5 9 9 RSUs 35 5 37 11 Shares subject to repurchase 5 1 6 3 Number of shares used for diluted EPS computation 2,888 558 2,836 578 Diluted EPS $ 0.52 $ 0.52 $ 0.18 $ 0.18

Cash and Cash Equivalents, and

Cash and Cash Equivalents, and Marketable Securities	3 Months Ended
	Mar. 31, 2016
Cash and Cash Equivalents, and Marketable Securities [Abstract]
Cash and Cash Equivalents, and Marketable Securities	Cash and Cash Equivalents, and Marketable Securities The following table sets forth the cash and cash equivalents, and marketable securities (in millions): March 31, 2016 December 31, 2015 Cash and cash equivalents: Cash $ 2,004 $ 1,703 Money market funds 4,452 2,409 U.S. government securities — 597 U.S. government agency securities — 145 Corporate debt securities — 53 Total cash and cash equivalents 6,456 4,907 Marketable securities: U.S. government securities 5,183 5,948 U.S. government agency securities 4,815 4,475 Corporate debt securities 4,167 3,104 Total marketable securities 14,165 13,527 Total cash and cash equivalents, and marketable securities $ 20,621 $ 18,434 The gross unrealized gains or losses on our marketable securities as of March 31, 2016 and December 31, 2015 were not significant. In addition, the gross unrealized losses that had been in a continuous loss position for 12 months or longer were not significant as of March 31, 2016 and December 31, 2015 . As of March 31, 2016 , we considered the decreases in market value on our marketable securities to be temporary in nature and did not consider any of our investments to be other-than-temporarily impaired. The following table classifies our marketable securities by contractual maturities (in millions): March 31, 2016 Due in one year $ 4,920 Due in one to three years 9,245 Total $ 14,165

Fair Value Measurement

Fair Value Measurement	3 Months Ended
	Mar. 31, 2016
Fair Value Disclosures [Abstract]
Fair Value Measurement	Fair Value Measurement The following table summarizes, for assets or liabilities measured at fair value, the respective fair value and the classification by level of input within the fair value hierarchy (in millions): Fair Value Measurement at Reporting Date Using Description March 31, 2016 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Cash equivalents: Money market funds $ 4,452 $ 4,452 $ — $ — Marketable securities: U.S. government securities 5,183 5,183 — — U.S. government agency securities 4,815 4,815 — — Corporate debt securities 4,167 — 4,167 — Total cash equivalents and marketable securities $ 18,617 $ 14,450 $ 4,167 $ — Other liabilities: Contingent consideration liability $ 285 $ — $ — $ 285 Fair Value Measurement at Reporting Date Using Description December 31, 2015 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Cash equivalents: Money market funds $ 2,409 $ 2,409 $ — $ — U.S. government securities 597 597 — — U.S. government agency securities 145 145 — — Corporate debt securities 53 — 53 — Marketable securities: U.S. government securities 5,948 5,948 — — U.S. government agency securities 4,475 4,475 — — Corporate debt securities 3,104 — 3,104 — Total cash equivalents and marketable securities $ 16,731 $ 13,574 $ 3,157 $ — Other liabilities: Contingent consideration liability $ 260 $ — $ — $ 260 We classify our cash equivalents and marketable securities within Level 1 or Level 2 because we use quoted market prices or alternative pricing sources and models utilizing market observable inputs to determine their fair value. We classify our contingent consideration liability in connection with an acquisition in 2014 within Level 3 as factors used to develop the estimated fair value are unobservable inputs that are not supported by market activity. We estimate the fair value of our contingent consideration liability based on the present value of probability-weighted future cash flows related to the contingent earn-out criteria and the fair value of our common stock on each reporting date. Changes in the fair value of the contingent consideration liability subsequent to the acquisition date, such as changes in the probability assessment and the fair value of our common stock, are recognized in earnings in the period when the change in the estimated fair value occurs. During the three months ended March 31, 2016 , we recognized an increase in the fair value of our contingent liability of $25 million , in research and development expense in our condensed consolidated statements of income, primarily due to an increase in the fair value of our common stock.

Property and Equipment

Property and Equipment	3 Months Ended
	Mar. 31, 2016
Property, Plant and Equipment [Abstract]
Property and Equipment	Property and Equipment Property and equipment consists of the following (in millions): March 31, December 31, Land $ 683 $ 596 Buildings 2,551 2,273 Leasehold improvements 310 447 Network equipment 4,106 3,633 Computer software, office equipment and other 276 248 Construction in progress 887 622 Total 8,813 7,819 Less: Accumulated depreciation (2,346 ) (2,132 ) Property and equipment, net $ 6,467 $ 5,687 Construction in progress includes costs primarily related to construction of data centers and office buildings, and network equipment infrastructure to support our data centers around the world. No interest was capitalized during the three months ended March 31, 2016 and 2015 .

Goodwill and Intangible Assets

Goodwill and Intangible Assets	3 Months Ended
	Mar. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	Goodwill and Intangible Assets The changes in the carrying amount of goodwill for the three months ended March 31, 2016 are as follows (in millions): Balance as of December 31, 2015 $ 18,026 Effect of currency translation adjustment 3 Balance as of March 31, 2016 $ 18,029 Intangible assets consist of the following (in millions): March 31, 2016 December 31, 2015 Weighted-Average Remaining Useful Lives (in years) Gross Carrying Amount Accumulated Amortization Net Carrying Amount Gross Carrying Amount Accumulated Amortization Net Carrying Amount Finite-lived intangible assets: Acquired users 5.5 $ 2,056 $ (456 ) $ 1,600 $ 2,056 $ (382 ) $ 1,674 Acquired technology 3.0 892 (354 ) 538 831 (310 ) 521 Acquired patents 6.4 785 (356 ) 429 785 (333 ) 452 Trade names 3.8 629 (193 ) 436 629 (163 ) 466 Other 3.5 162 (98 ) 64 162 (89 ) 73 Total finite-lived intangible assets 4.9 $ 4,524 $ (1,457 ) $ 3,067 $ 4,463 $ (1,277 ) $ 3,186 Indefinite-lived intangible assets: In-process research and development (IPR&D) $ — $ — $ — $ 60 $ — $ 60 Total intangible assets $ 4,524 $ (1,457 ) $ 3,067 $ 4,523 $ (1,277 ) $ 3,246 As of March 31, 2016, we completed the IPR&D. As such, we reclassified the indefinite-lived intangible asset to acquired technology and began amortizing the balance over its estimated useful life. Amortization expense of intangible assets was $180 million and $179 million for the three months ended March 31, 2016 and 2015 , respectively. As of March 31, 2016 , expected amortization expense for the unamortized acquired intangible assets for the next five years and thereafter is as follows (in millions): The remainder of 2016 $ 558 2017 683 2018 606 2019 517 2020 357 Thereafter 346 Total $ 3,067

Long-term Debt

Long-term Debt	3 Months Ended
	Mar. 31, 2016
Debt Disclosure [Abstract]
Long-term Debt	Long-term Debt In August 2013, we entered into a five -year senior unsecured revolving credit facility (2013 Revolving Credit Facility) that allows us to borrow up to $6.5 billion to fund working capital and general corporate purposes with interest payable on the borrowed amounts set at LIBOR plus 1.0% , as well as an annual commitment fee of 0.10% on the daily undrawn balance of the facility. We paid origination fees at closing of the 2013 Revolving Credit Facility, which fees are being amortized over the term of the facility. Any amounts outstanding under this facility will be due and payable on August 15, 2018. As of March 31, 2016 , no amounts had been drawn down and we were in compliance with the covenants under this facility.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2016
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Commitments Leases We have entered into various non-cancelable operating lease agreements for certain of our offices, equipment, land, and data centers with original lease periods expiring between 2016 and 2032 . We are committed to pay a portion of the related actual operating expenses under certain of these lease agreements. Certain of these arrangements have free rent periods or escalating rent payment provisions, and we recognize rent expense under such arrangements on a straight-line basis. Operating lease expense was $59 million and $39 million for the three months ended March 31, 2016 and 2015 , respectively. As of March 31, 2016, we fully repaid all of our capital lease obligations. Contingencies Legal Matters Beginning on May 22, 2012, multiple putative class actions, derivative actions, and individual actions were filed in state and federal courts in the United States and in other jurisdictions against us, our directors, and/or certain of our officers alleging violation of securities laws or breach of fiduciary duties in connection with our initial public offering (IPO) and seeking unspecified damages. We believe these lawsuits are without merit, and we intend to continue to vigorously defend them. The vast majority of the cases in the United States, along with multiple cases filed against The NASDAQ OMX Group, Inc. and The Nasdaq Stock Market LLC (collectively referred to herein as NASDAQ) alleging technical and other trading-related errors by NASDAQ in connection with our IPO, were ordered centralized for coordinated or consolidated pre-trial proceedings in the U.S. District Court for the Southern District of New York. In a series of rulings in 2013 and 2014, the court denied our motion to dismiss the consolidated securities class action and granted our motions to dismiss the derivative actions against our directors and certain of our officers. On July 24, 2015, the court of appeals affirmed the dismissal of the derivative actions. On December 11, 2015, the court granted plaintiffs' motion for class certification in the consolidated securities action. In addition, the events surrounding our IPO became the subject of various state and federal government inquiries. In May 2014, the Securities and Exchange Commission (SEC) notified us that it had terminated its inquiry and that no enforcement action had been recommended by the SEC. We are also party to various legal proceedings and claims that arise in the ordinary course of business. With respect to our outstanding legal matters, we believe that the amount or estimable range of reasonably possible loss will not, either individually or in the aggregate, have a material adverse effect on our business, consolidated financial position, results of operations, or cash flows. However, the outcome of litigation is inherently uncertain. Therefore, if one or more of these legal matters were resolved against us for amounts in excess of management's expectations, our results of operations and financial condition, including in a particular reporting period, could be materially adversely affected.

Stockholders' Equity

Stockholders' Equity	3 Months Ended
	Mar. 31, 2016
Equity [Abstract]
Stockholders' Equity	Stockholders' Equity Share-based Compensation Plans We maintain two share-based employee compensation plans: the 2012 Equity Incentive Plan (2012 Plan) and the 2005 Stock Plan (collectively, Stock Plans). Our 2012 Plan serves as the successor to our 2005 Stock Plan and provides for the issuance of incentive and nonstatutory stock options, restricted stock awards, stock appreciation rights, RSUs, performance shares, and stock bonuses to qualified employees, directors and consultants. Outstanding awards under the 2005 Stock Plan continue to be subject to the terms and conditions of the 2005 Stock Plan. We initially reserved 25 million shares of our Class A common stock for issuance under our 2012 Plan. The number of shares reserved for issuance under our 2012 Plan increases automatically on the first day of January of each of 2013 through 2022 by a number of shares of Class A common stock equal to the lesser of (i) 2.5% of the total outstanding shares of our Class A common stock as of the immediately preceding December 31st or (ii) a number of shares determined by our board of directors. Our board of directors elected not to increase the number of shares reserved for issuance in 2016. In addition, shares available for grant under the 2005 Stock Plan, which were reserved but not issued, forfeited, or repurchased at their original issue price, or subject to outstanding awards under the 2005 Stock Plan as of the effective date of our IPO, were added to the reserves of the 2012 Plan. The maximum term for stock options granted under the 2012 Plan may not exceed ten years from the date of grant. Our 2012 Plan will terminate ten years from the date of approval unless it is terminated earlier by our board of directors or a committee thereof. The following table summarizes the activities of stock option awards under the Stock Plans for the three months ended March 31, 2016 : Shares Subject to Options Outstanding Number of Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Term Aggregate Intrinsic Value (1) (in thousands) (in years) (in millions) Balance as of December 31, 2015 8,443 $ 7.10 Stock options exercised (501 ) 3.63 Balance as of March 31, 2016 7,942 $ 7.32 3.5 $ 848 Stock options vested and expected to vest as of March 31, 2016 7,941 $ 7.32 3.5 $ 848 Stock options exercisable as of March 31, 2016 5,984 $ 5.54 3.2 $ 650 (1) The aggregate intrinsic value is calculated as the difference between the exercise price of the underlying stock option awards and the official closing price of our Class A common stock, as reported on the NASDAQ Global Select Market, of $114.10 on March 31, 2016 . The following table summarizes the activities for our unvested RSUs for the three months ended March 31, 2016 : Unvested RSUs (1) Number of Shares Weighted Average Grant Date Fair Value (in thousands) Unvested at December 31, 2015 116,409 $ 65.95 Granted 20,498 110.03 Vested (14,238 ) 57.78 Forfeited (1,053 ) 64.67 Unvested at March 31, 2016 121,616 $ 74.34 (1) Unvested shares include inducement awards issued in connection with an acquisition in 2014 and are subject to the terms, restrictions, and conditions of separate non-plan RSU award agreements. The fair value as of the respective vesting dates of RSUs that vested during the three months ended March 31, 2016 and 2015 was $1.45 billion and $814 million , respectively. As of March 31, 2016 , there was $8.67 billion of unrecognized share-based compensation expense, of which $8.19 billion is related to RSUs and $478 million is related to restricted shares, shares with performance conditions related to our contingent consideration, and stock options. This unrecognized compensation expense is expected to be recognized over a weighted-average period of approximately three years .

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2016
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes Our tax provision for interim periods is determined using an estimate of our annual effective tax rate, adjusted for discrete items arising in that quarter. In each quarter, we update our estimate of the annual effective tax rate, and if our estimated annual tax rate changes, we make a cumulative adjustment in that quarter. Our quarterly tax provision, and our quarterly estimate of our annual effective tax rate, are subject to significant volatility due to several factors, including our ability to accurately predict our income (loss) before provision for income taxes in multiple jurisdictions, including the portions of our share-based compensation that will not generate tax benefits, and the effects of acquisitions and the integration of those acquisitions. In addition, our effective tax rate can be more or less volatile based on the amount of income before provision for income taxes. Our effective tax rate is lower than the United States statutory rate primarily because of income in jurisdictions with tax rates lower than the United States. Our effective tax rate in the future will depend on the portion of our profits earned within and outside the United States, which will also be affected by our methodologies for valuing our intellectual property and intercompany transactions. We are subject to taxation in the United States and various other state and foreign jurisdictions. The material jurisdictions in which we are subject to potential examination include the United States and Ireland. We are under examination by the Internal Revenue Service (IRS) for our 2008 through 2013 tax years. We believe that adequate amounts have been reserved for any adjustments that may ultimately result from these examinations, and we do not anticipate a significant impact to our gross unrecognized tax benefits within the next 12 months related to these years. Our 2014 and future years remain open to examination by the IRS. Our 2011 and future years remain open to examination in Ireland. Our gross unrecognized tax benefits were $3.07 billion and $3.02 billion as of March 31, 2016 and December 31, 2015 , respectively. If the gross unrecognized tax benefits as of March 31, 2016 were realized in a subsequent period, this would result in a tax benefit of $2.41 billion within our provision of income taxes at such time. Our existing tax positions will continue to generate an increase in unrecognized tax benefits in subsequent periods. Although the timing of the resolution, settlement, and closure of any audits is highly uncertain, it is reasonably possible that the balance of gross unrecognized tax benefits could significantly change in the next 12 months. However, given the number of years remaining that are subject to examination, we are unable to estimate the full range of possible adjustments to the balance of gross unrecognized tax benefits.

Geographical Information

Geographical Information	3 Months Ended
	Mar. 31, 2016
Segments, Geographical Areas [Abstract]
Geographical Information	Geographical Information Revenue by geography is based on the billing address of the marketer or developer. The following tables set forth revenue and property and equipment, net by geographic area (in millions): Three Months Ended March 31, 2016 2015 Revenue: United States $ 2,509 $ 1,652 Rest of the world (1) 2,873 1,891 Total revenue $ 5,382 $ 3,543 (1) No individual country, other than disclosed above, exceeded 10% of our total revenue for any period presented. March 31, December 31, Property and equipment, net: United States $ 5,082 $ 4,498 Sweden 764 713 Rest of the world 621 476 Total property and equipment, net $ 6,467 $ 5,687

Subsequent Event

Subsequent Event	3 Months Ended
	Mar. 31, 2016
Subsequent Events [Abstract]
Subsequent Event	Subsequent Event In April 2016, our board of directors approved amendments to our restated certificate of incorporation that would, among other things, create a new class of non-voting capital stock (Class C capital stock). The amendments are reflected in a proposed amended and restated certificate of incorporation (New Certificate) filed with our preliminary proxy statement on April 27, 2016, the adoption of which is subject to the approval of our stockholders at our 2016 Annual Meeting of Stockholders to be held on June 20, 2016. Assuming the adoption of the New Certificate is approved, our board of directors intends to issue two shares of the Class C capital stock as a one-time stock dividend for each share of Class A and Class B common stock outstanding as of a record date to be determined by our board of directors. For accounting purposes, we expect this transaction will be treated as a stock split in the form of a dividend. The Class C capital stock will have no voting rights, except as provided in our New Certificate or required by applicable law. Except for voting rights, shares of Class C capital stock will have the same rights and powers, rank equally (including as to dividends and distributions, mergers or similar business combinations, and upon any liquidation, dissolution or winding up of the corporation), share ratably and be identical in all respects and as to all matters to the shares of Class A and Class B common stock, except as expressly provided in the New Certificate.

Summary of Significant Accoun19

Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2016
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States (GAAP) and applicable rules and regulations of the Securities and Exchange Commission regarding interim financial reporting. Certain information and note disclosures normally included in the financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to such rules and regulations. As such, the information included in this quarterly report on Form 10-Q should be read in conjunction with the consolidated financial statements and accompanying notes included in our Annual Report on Form 10-K for the fiscal year ended December 31, 2015 . The condensed consolidated balance sheet as of December 31, 2015 included herein was derived from the audited financial statements as of that date, but does not include all disclosures including notes required by GAAP. The condensed consolidated financial statements include the accounts of Facebook, Inc. and its wholly owned subsidiaries. All intercompany balances and transactions have been eliminated. The accompanying condensed consolidated financial statements reflect all normal recurring adjustments necessary to present fairly the financial position, results of operations, and cash flows for the interim periods, but are not necessarily indicative of the results of operations to be anticipated for the full year ending December 31, 2016 . There have been no changes to our significant accounting policies described in our Annual Report on Form 10-K for the fiscal year ended December 31, 2015 that have had a material impact on our condensed consolidated financial statements and related notes.
Use of Estimates	Use of Estimates Conformity with GAAP requires the use of estimates and judgments that affect the reported amounts in the condensed consolidated financial statements and accompanying notes. These estimates form the basis for judgments we make about the carrying values of our assets and liabilities, which are not readily apparent from other sources. We base our estimates and judgments on historical information and on various other assumptions that we believe are reasonable under the circumstances. GAAP requires us to make estimates and judgments in several areas, including, but not limited to, those related to revenue recognition, collectability of accounts receivable, contingent liabilities, fair value of financial instruments, fair value of acquired intangible assets and goodwill, useful lives of intangible assets and property and equipment, and income taxes. These estimates are based on management's knowledge about current events and expectations about actions we may undertake in the future. Actual results could differ materially from those estimates.
New Accounting Pronouncement	Recent Accounting Pronouncement In February 2016, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update No. 2016-02, Leases (Topic 842) (ASU 2016-02), which generally requires companies to recognize operating and financing lease liabilities and corresponding right-of-use assets on the balance sheet. This guidance will be effective for us in the first quarter of 2019 on a modified retrospective basis and early adoption is permitted. We are still evaluating the effect that this guidance will have on our consolidated financial statements and related disclosures. In March 2016, the FASB issued Accounting Standards Update No. 2016-08, Revenue from Contracts with Customers (Topic 606): Principal versus Agent Considerations (Reporting Revenue Gross versus Net) (ASU 2016-08) which clarifies the implementation guidance on principal versus agent considerations. The guidance includes indicators to assist an entity in determining whether it controls a specified good or service before it is transferred to the customers. This guidance will be effective for us in the first quarter of 2018, with the option to adopt it in the first quarter of 2017. We are still evaluating the effect that this guidance will have on our consolidated financial statements and related disclosures. In March 2016, the FASB issued Accounting Standards Update No. 2016-09, Compensation-Stock Compensation (Topic 718): Improvement to Employee Share-based Payment Accounting (ASU 2016-09) to simplify the accounting for share-based payment transactions, including the income tax consequences, an option to recognize gross share-based compensation expense with actual forfeitures recognized as they occur, as well as certain classifications on the statement of cash flows. This guidance will be effective for us in the first quarter of 2017, and early adoption is permitted. We are still evaluating the effect that this guidance will have on our consolidated financial statements and related disclosures.

Earnings per Share (Tables)

Earnings per Share (Tables)	3 Months Ended
	Mar. 31, 2016
Earnings Per Share [Abstract]
Numerators and Denominators of Basic and Diluted EPS Computations for Common Stock	The numerators and denominators of the basic and diluted EPS computations for our common stock are calculated as follows (in millions, except per share amounts): Three Months Ended March 31, 2016 2015 Class A Class B Class A Class B Basic EPS: Numerator Net income $ 1,219 $ 291 $ 410 $ 102 Less: Net income attributable to participating securities 4 1 2 1 Net income attributable to common stockholders $ 1,215 $ 290 $ 408 $ 101 Denominator Weighted average shares outstanding 2,303 550 2,241 561 Less: Shares subject to repurchase 7 3 12 6 Number of shares used for basic EPS computation 2,296 547 2,229 555 Basic EPS $ 0.53 $ 0.53 $ 0.18 $ 0.18 Diluted EPS: Numerator Net income attributable to common stockholders $ 1,215 $ 290 $ 408 $ 101 Reallocation of net income attributable to participating securities 5 — 3 — Reallocation of net income as a result of conversion of Class B to Class A common stock 290 — 101 — Reallocation of net income to Class B common stock — 2 — 3 Net income attributable to common stockholders for diluted EPS $ 1,510 $ 292 $ 512 $ 104 Denominator Number of shares used for basic EPS computation 2,296 547 2,229 555 Conversion of Class B to Class A common stock 547 — 555 — Weighted average effect of dilutive securities: Employee stock options 5 5 9 9 RSUs 35 5 37 11 Shares subject to repurchase 5 1 6 3 Number of shares used for diluted EPS computation 2,888 558 2,836 578 Diluted EPS $ 0.52 $ 0.52 $ 0.18 $ 0.18

Cash and Cash Equivalents, an21

Cash and Cash Equivalents, and Marketable Securities (Tables)	3 Months Ended
	Mar. 31, 2016
Cash and Cash Equivalents, and Marketable Securities [Abstract]
Cash and Cash Equivalents, and Marketable Securities	The following table sets forth the cash and cash equivalents, and marketable securities (in millions): March 31, 2016 December 31, 2015 Cash and cash equivalents: Cash $ 2,004 $ 1,703 Money market funds 4,452 2,409 U.S. government securities — 597 U.S. government agency securities — 145 Corporate debt securities — 53 Total cash and cash equivalents 6,456 4,907 Marketable securities: U.S. government securities 5,183 5,948 U.S. government agency securities 4,815 4,475 Corporate debt securities 4,167 3,104 Total marketable securities 14,165 13,527 Total cash and cash equivalents, and marketable securities $ 20,621 $ 18,434
Marketable Securities by Contractual Maturities	The following table classifies our marketable securities by contractual maturities (in millions): March 31, 2016 Due in one year $ 4,920 Due in one to three years 9,245 Total $ 14,165

Fair Value Measurement (Tables)

Fair Value Measurement (Tables)	3 Months Ended
	Mar. 31, 2016
Fair Value Disclosures [Abstract]
Assets and Liabilities Measured at Fair Value on Recurring Basis	The following table summarizes, for assets or liabilities measured at fair value, the respective fair value and the classification by level of input within the fair value hierarchy (in millions): Fair Value Measurement at Reporting Date Using Description March 31, 2016 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Cash equivalents: Money market funds $ 4,452 $ 4,452 $ — $ — Marketable securities: U.S. government securities 5,183 5,183 — — U.S. government agency securities 4,815 4,815 — — Corporate debt securities 4,167 — 4,167 — Total cash equivalents and marketable securities $ 18,617 $ 14,450 $ 4,167 $ — Other liabilities: Contingent consideration liability $ 285 $ — $ — $ 285 Fair Value Measurement at Reporting Date Using Description December 31, 2015 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Cash equivalents: Money market funds $ 2,409 $ 2,409 $ — $ — U.S. government securities 597 597 — — U.S. government agency securities 145 145 — — Corporate debt securities 53 — 53 — Marketable securities: U.S. government securities 5,948 5,948 — — U.S. government agency securities 4,475 4,475 — — Corporate debt securities 3,104 — 3,104 — Total cash equivalents and marketable securities $ 16,731 $ 13,574 $ 3,157 $ — Other liabilities: Contingent consideration liability $ 260 $ — $ — $ 260

Property and Equipment (Tables)

Property and Equipment (Tables)	3 Months Ended
	Mar. 31, 2016
Property, Plant and Equipment [Abstract]
Property and Equipment	Property and equipment consists of the following (in millions): March 31, December 31, Land $ 683 $ 596 Buildings 2,551 2,273 Leasehold improvements 310 447 Network equipment 4,106 3,633 Computer software, office equipment and other 276 248 Construction in progress 887 622 Total 8,813 7,819 Less: Accumulated depreciation (2,346 ) (2,132 ) Property and equipment, net $ 6,467 $ 5,687

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	3 Months Ended
	Mar. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Changes in Carrying Amount of Goodwill	The changes in the carrying amount of goodwill for the three months ended March 31, 2016 are as follows (in millions): Balance as of December 31, 2015 $ 18,026 Effect of currency translation adjustment 3 Balance as of March 31, 2016 $ 18,029
Schedule of Finite-Lived Intangible Assets	Intangible assets consist of the following (in millions): March 31, 2016 December 31, 2015 Weighted-Average Remaining Useful Lives (in years) Gross Carrying Amount Accumulated Amortization Net Carrying Amount Gross Carrying Amount Accumulated Amortization Net Carrying Amount Finite-lived intangible assets: Acquired users 5.5 $ 2,056 $ (456 ) $ 1,600 $ 2,056 $ (382 ) $ 1,674 Acquired technology 3.0 892 (354 ) 538 831 (310 ) 521 Acquired patents 6.4 785 (356 ) 429 785 (333 ) 452 Trade names 3.8 629 (193 ) 436 629 (163 ) 466 Other 3.5 162 (98 ) 64 162 (89 ) 73 Total finite-lived intangible assets 4.9 $ 4,524 $ (1,457 ) $ 3,067 $ 4,463 $ (1,277 ) $ 3,186 Indefinite-lived intangible assets: In-process research and development (IPR&D) $ — $ — $ — $ 60 $ — $ 60 Total intangible assets $ 4,524 $ (1,457 ) $ 3,067 $ 4,523 $ (1,277 ) $ 3,246
Schedule of Indefinite-Lived Intangible Assets	Intangible assets consist of the following (in millions): March 31, 2016 December 31, 2015 Weighted-Average Remaining Useful Lives (in years) Gross Carrying Amount Accumulated Amortization Net Carrying Amount Gross Carrying Amount Accumulated Amortization Net Carrying Amount Finite-lived intangible assets: Acquired users 5.5 $ 2,056 $ (456 ) $ 1,600 $ 2,056 $ (382 ) $ 1,674 Acquired technology 3.0 892 (354 ) 538 831 (310 ) 521 Acquired patents 6.4 785 (356 ) 429 785 (333 ) 452 Trade names 3.8 629 (193 ) 436 629 (163 ) 466 Other 3.5 162 (98 ) 64 162 (89 ) 73 Total finite-lived intangible assets 4.9 $ 4,524 $ (1,457 ) $ 3,067 $ 4,463 $ (1,277 ) $ 3,186 Indefinite-lived intangible assets: In-process research and development (IPR&D) $ — $ — $ — $ 60 $ — $ 60 Total intangible assets $ 4,524 $ (1,457 ) $ 3,067 $ 4,523 $ (1,277 ) $ 3,246
Estimated Amortization Expense for Unamortized Acquired Intangible Assets	As of March 31, 2016 , expected amortization expense for the unamortized acquired intangible assets for the next five years and thereafter is as follows (in millions): The remainder of 2016 $ 558 2017 683 2018 606 2019 517 2020 357 Thereafter 346 Total $ 3,067

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	3 Months Ended
	Mar. 31, 2016
Equity [Abstract]
Stock Option Activity under Stock Plans	The following table summarizes the activities of stock option awards under the Stock Plans for the three months ended March 31, 2016 : Shares Subject to Options Outstanding Number of Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Term Aggregate Intrinsic Value (1) (in thousands) (in years) (in millions) Balance as of December 31, 2015 8,443 $ 7.10 Stock options exercised (501 ) 3.63 Balance as of March 31, 2016 7,942 $ 7.32 3.5 $ 848 Stock options vested and expected to vest as of March 31, 2016 7,941 $ 7.32 3.5 $ 848 Stock options exercisable as of March 31, 2016 5,984 $ 5.54 3.2 $ 650 (1) The aggregate intrinsic value is calculated as the difference between the exercise price of the underlying stock option awards and the official closing price of our Class A common stock, as reported on the NASDAQ Global Select Market, of $114.10 on March 31, 2016 .
Restricted Stock Units Award Activity	The following table summarizes the activities for our unvested RSUs for the three months ended March 31, 2016 : Unvested RSUs (1) Number of Shares Weighted Average Grant Date Fair Value (in thousands) Unvested at December 31, 2015 116,409 $ 65.95 Granted 20,498 110.03 Vested (14,238 ) 57.78 Forfeited (1,053 ) 64.67 Unvested at March 31, 2016 121,616 $ 74.34 (1) Unvested shares include inducement awards issued in connection with an acquisition in 2014 and are subject to the terms, restrictions, and conditions of separate non-plan RSU award agreements.

Geographical Information (Table

Geographical Information (Tables)	3 Months Ended
	Mar. 31, 2016
Segments, Geographical Areas [Abstract]
Revenue and Property and Equipment by Geographic Area	Revenue by geography is based on the billing address of the marketer or developer. The following tables set forth revenue and property and equipment, net by geographic area (in millions): Three Months Ended March 31, 2016 2015 Revenue: United States $ 2,509 $ 1,652 Rest of the world (1) 2,873 1,891 Total revenue $ 5,382 $ 3,543 (1) No individual country, other than disclosed above, exceeded 10% of our total revenue for any period presented. March 31, December 31, Property and equipment, net: United States $ 5,082 $ 4,498 Sweden 764 713 Rest of the world 621 476 Total property and equipment, net $ 6,467 $ 5,687

Earnings per Share Antidilutive

Earnings per Share Antidilutive Securities (Details) shares in Millions	3 Months Ended
	Mar. 31, 2015shares
Restricted Stock Units (RSUs)
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	0

Earnings per Share (Details)

Earnings per Share (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Numerator
Net income	$ 1,510	$ 512
Less: Net income attributable to participating securities	5	3
Net income attributable to common stockholders	$ 1,505	$ 509
Denominator
Number of shares used for basic EPS computation (in shares)	2,843	2,784
Basic EPS (in dollars per share)	$ 0.53	$ 0.18
Numerator
Net income attributable to common stockholders	$ 1,505	$ 509
Denominator
Number of shares used for basic EPS computation (in shares)	2,843	2,784
Number of shares used for diluted EPS computation (in shares)	2,888	2,836
Diluted EPS (in dollars per share)	$ 0.52	$ 0.18
Class A Common Stock
Numerator
Net income	$ 1,219	$ 410
Less: Net income attributable to participating securities	4	2
Net income attributable to common stockholders	$ 1,215	$ 408
Denominator
Weighted average shares outstanding (in shares)	2,303	2,241
Less: Shares subject to repurchase (in shares)	7	12
Number of shares used for basic EPS computation (in shares)	2,296	2,229
Basic EPS (in dollars per share)	$ 0.53	$ 0.18
Numerator
Net income attributable to common stockholders	$ 1,215	$ 408
Reallocation of net income attributable to participating securities	5	3
Reallocation of net income as a result of conversion of Class B to Class A common stock	290	101
Reallocation of net income to Class B common stock	0	0
Net income attributable to common stockholders for diluted EPS	$ 1,510	$ 512
Denominator
Number of shares used for basic EPS computation (in shares)	2,296	2,229
Conversion of Class B to Class A common stock (in shares)	547	555
Shares subject to repurchase (in shares)	5	6
Number of shares used for diluted EPS computation (in shares)	2,888	2,836
Diluted EPS (in dollars per share)	$ 0.52	$ 0.18
Class A Common Stock | Employee Stock Options
Denominator
Share based payment arrangements (in shares)	5	9
Class A Common Stock | Restricted Stock Units (RSUs)
Denominator
Share based payment arrangements (in shares)	35	37
Class B Common Stock
Numerator
Net income	$ 291	$ 102
Less: Net income attributable to participating securities	1	1
Net income attributable to common stockholders	$ 290	$ 101
Denominator
Weighted average shares outstanding (in shares)	550	561
Less: Shares subject to repurchase (in shares)	3	6
Number of shares used for basic EPS computation (in shares)	547	555
Basic EPS (in dollars per share)	$ 0.53	$ 0.18
Numerator
Net income attributable to common stockholders	$ 290	$ 101
Reallocation of net income attributable to participating securities	0	0
Reallocation of net income as a result of conversion of Class B to Class A common stock	0	0
Reallocation of net income to Class B common stock	2	3
Net income attributable to common stockholders for diluted EPS	$ 292	$ 104
Denominator
Number of shares used for basic EPS computation (in shares)	547	555
Conversion of Class B to Class A common stock (in shares)	0	0
Shares subject to repurchase (in shares)	1	3
Number of shares used for diluted EPS computation (in shares)	558	578
Diluted EPS (in dollars per share)	$ 0.52	$ 0.18
Class B Common Stock | Employee Stock Options
Denominator
Share based payment arrangements (in shares)	5	9
Class B Common Stock | Restricted Stock Units (RSUs)
Denominator
Share based payment arrangements (in shares)	5	11

Cash and Cash Equivalents, an29

Cash and Cash Equivalents, and Marketable Securities (Details) - USD ($) $ in Millions	Mar. 31, 2016	Dec. 31, 2015	Mar. 31, 2015	Dec. 31, 2014
Cash and Cash Equivalents, and Marketable Securities
Cash and cash equivalents	$ 6,456	$ 4,907	$ 3,419	$ 4,315
Marketable securities	14,165	13,527
Total cash and cash equivalents, and marketable securities	20,621	18,434
U.S. government securities
Cash and Cash Equivalents, and Marketable Securities
Marketable securities	5,183	5,948
U.S. government agency securities
Cash and Cash Equivalents, and Marketable Securities
Marketable securities	4,815	4,475
Corporate debt securities
Cash and Cash Equivalents, and Marketable Securities
Marketable securities	4,167	3,104
Cash
Cash and Cash Equivalents, and Marketable Securities
Cash and cash equivalents	2,004	1,703
Money market funds
Cash and Cash Equivalents, and Marketable Securities
Cash and cash equivalents	4,452	2,409
U.S. government securities
Cash and Cash Equivalents, and Marketable Securities
Cash and cash equivalents	0	597
U.S. government agency securities
Cash and Cash Equivalents, and Marketable Securities
Cash and cash equivalents	0	145
Corporate debt securities
Cash and Cash Equivalents, and Marketable Securities
Cash and cash equivalents	$ 0	$ 53

Cash and Cash Equivalents, an30

Cash and Cash Equivalents, and Marketable Securities - Contractual Maturities of Debt Securities (Details) - USD ($) $ in Millions	Mar. 31, 2016	Dec. 31, 2015
Cash and Cash Equivalents, and Marketable Securities [Abstract]
Due in one year	$ 4,920
Due in one to three years	9,245
Total marketable securities	$ 14,165	$ 13,527

Fair Value Measurement (Details

Fair Value Measurement (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2016	Dec. 31, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Marketable securities	$ 14,165	$ 13,527
Change in fair value of contingent consideration liability	25
U.S. government securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Marketable securities	5,183	5,948
U.S. government agency securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Marketable securities	4,815	4,475
Corporate debt securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Marketable securities	4,167	3,104
Fair Value, Measurements, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Total cash equivalents and marketable securities	18,617	16,731
Contingent consideration liability	285	260
Fair Value, Measurements, Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Total cash equivalents and marketable securities	14,450	13,574
Contingent consideration liability	0	0
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Total cash equivalents and marketable securities	4,167	3,157
Contingent consideration liability	0	0
Fair Value, Measurements, Recurring | Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Total cash equivalents and marketable securities	0	0
Contingent consideration liability	285	260
Fair Value, Measurements, Recurring | U.S. government securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Marketable securities	5,183	5,948
Fair Value, Measurements, Recurring | U.S. government securities | Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Marketable securities	5,183	5,948
Fair Value, Measurements, Recurring | U.S. government securities | Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Marketable securities	0	0
Fair Value, Measurements, Recurring | U.S. government securities | Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Marketable securities	0	0
Fair Value, Measurements, Recurring | U.S. government agency securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Marketable securities	4,815	4,475
Fair Value, Measurements, Recurring | U.S. government agency securities | Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Marketable securities	4,815	4,475
Fair Value, Measurements, Recurring | U.S. government agency securities | Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Marketable securities	0	0
Fair Value, Measurements, Recurring | U.S. government agency securities | Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Marketable securities	0	0
Fair Value, Measurements, Recurring | Corporate debt securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Marketable securities	4,167	3,104
Fair Value, Measurements, Recurring | Corporate debt securities | Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Marketable securities	0	0
Fair Value, Measurements, Recurring | Corporate debt securities | Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Marketable securities	4,167	3,104
Fair Value, Measurements, Recurring | Corporate debt securities | Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Marketable securities	0	0
Fair Value, Measurements, Recurring | Money market funds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Cash equivalents	4,452	2,409
Fair Value, Measurements, Recurring | Money market funds | Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Cash equivalents	4,452	2,409
Fair Value, Measurements, Recurring | Money market funds | Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Cash equivalents	0	0
Fair Value, Measurements, Recurring | Money market funds | Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Cash equivalents	$ 0	0
Fair Value, Measurements, Recurring | U.S. government securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Cash equivalents		597
Fair Value, Measurements, Recurring | U.S. government securities | Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Cash equivalents		597
Fair Value, Measurements, Recurring | U.S. government securities | Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Cash equivalents		0
Fair Value, Measurements, Recurring | U.S. government securities | Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Cash equivalents		0
Fair Value, Measurements, Recurring | U.S. government agency securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Cash equivalents		145
Fair Value, Measurements, Recurring | U.S. government agency securities | Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Cash equivalents		145
Fair Value, Measurements, Recurring | U.S. government agency securities | Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Cash equivalents		0
Fair Value, Measurements, Recurring | U.S. government agency securities | Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Cash equivalents		0
Fair Value, Measurements, Recurring | Corporate debt securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Cash equivalents		53
Fair Value, Measurements, Recurring | Corporate debt securities | Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Cash equivalents		0
Fair Value, Measurements, Recurring | Corporate debt securities | Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Cash equivalents		53
Fair Value, Measurements, Recurring | Corporate debt securities | Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Cash equivalents		$ 0

Property and Equipment (Detail)

Property and Equipment (Detail) - USD ($)	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015
Property, Plant and Equipment
Property and equipment, gross	$ 8,813,000,000		$ 7,819,000,000
Less: Accumulated depreciation	(2,346,000,000)		(2,132,000,000)
Property and equipment, net	6,467,000,000		5,687,000,000
Interest costs capitalized	0	$ 0
Land
Property, Plant and Equipment
Property and equipment, gross	683,000,000		596,000,000
Buildings
Property, Plant and Equipment
Property and equipment, gross	2,551,000,000		2,273,000,000
Leasehold improvements
Property, Plant and Equipment
Property and equipment, gross	310,000,000		447,000,000
Network equipment
Property, Plant and Equipment
Property and equipment, gross	4,106,000,000		3,633,000,000
Computer software, office equipment and other
Property, Plant and Equipment
Property and equipment, gross	276,000,000		248,000,000
Construction in progress
Property, Plant and Equipment
Property and equipment, gross	$ 887,000,000		$ 622,000,000

Goodwill and Intangible Asset33

Goodwill and Intangible Assets - Change in Carrying Amount (Details) $ in Millions	3 Months Ended
	Mar. 31, 2016USD ($)
Goodwill
Goodwill beginning	$ 18,026
Effect of currency translation adjustment	3
Goodwill ending	$ 18,029

Goodwill and Intangible Asset34

Goodwill and Intangible Assets - Intangible Assets (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Total intangible assets, gross	$ 4,524		$ 4,523
Total intangible assets, net	3,067		3,246
Amortization expense	$ 180	$ 179
Finite-Lived Intangible Assets [Line Items]
Weighted Average Remaining Useful Life (in years)	4 years 10 months 23 days
Gross Carrying Amount	$ 4,524		4,463
Accumulated Amortization	(1,457)		(1,277)
Net Carrying Amount	3,067		3,186
In-process research and development (IPR&D)
Indefinite-lived Intangible Assets [Line Items]
Indefinite-lived intangible assets	$ 0		60
Acquired users
Finite-Lived Intangible Assets [Line Items]
Weighted Average Remaining Useful Life (in years)	5 years 6 months
Gross Carrying Amount	$ 2,056		2,056
Accumulated Amortization	(456)		(382)
Net Carrying Amount	$ 1,600		1,674
Acquired technology
Finite-Lived Intangible Assets [Line Items]
Weighted Average Remaining Useful Life (in years)	3 years
Gross Carrying Amount	$ 892		831
Accumulated Amortization	(354)		(310)
Net Carrying Amount	$ 538		521
Acquired patents
Finite-Lived Intangible Assets [Line Items]
Weighted Average Remaining Useful Life (in years)	6 years 4 months 24 days
Gross Carrying Amount	$ 785		785
Accumulated Amortization	(356)		(333)
Net Carrying Amount	$ 429		452
Trade names
Finite-Lived Intangible Assets [Line Items]
Weighted Average Remaining Useful Life (in years)	3 years 9 months 17 days
Gross Carrying Amount	$ 629		629
Accumulated Amortization	(193)		(163)
Net Carrying Amount	$ 436		466
Other
Finite-Lived Intangible Assets [Line Items]
Weighted Average Remaining Useful Life (in years)	3 years 6 months
Gross Carrying Amount	$ 162		162
Accumulated Amortization	(98)		(89)
Net Carrying Amount	$ 64		$ 73

Goodwill and Intangible Asset35

Goodwill and Intangible Assets - Estimated Amortization Expense (Details) - USD ($) $ in Millions	Mar. 31, 2016	Dec. 31, 2015
Finite-Lived Intangible Assets, Amortization Expense, Maturity Schedule [Abstract]
The remainder of 2016	$ 558
2,017	683
2,018	606
2,019	517
2,020	357
Thereafter	346
Net Carrying Amount	$ 3,067	$ 3,186

Long-term Debt (Details)

Long-term Debt (Details) - Revolving Credit Facility - 2013 Revolving Credit Facility - USD ($)	1 Months Ended
	Aug. 31, 2013	Mar. 31, 2016
Debt Instrument
Term loan facility, term period (in years)	5 years
Line of credit facility, maximum borrowing capacity	$ 6,500,000,000
Debt instrument, interest rate basis during period	LIBOR
Basis spread on variable rate (percent)	1.00%
Line of credit facility, unused capacity, commitment fee percentage	0.10%
Line of credit facility, amount outstanding		$ 0

Commitments and Contingencies (

Commitments and Contingencies (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Leases [Abstract]
Operating lease expense	$ 59	$ 39
Minimum
Leases [Abstract]
Lease expiration year	2,016
Maximum
Leases [Abstract]
Lease expiration year	2,032

Stockholders' Equity - Share-ba

Stockholders' Equity - Share-based Compensation Plans (Detail)	3 Months Ended
	Mar. 31, 2016planshares
Share-based Compensation Arrangement by Share-based Payment Award
Share-based employee compensation plans, number | plan	2
2012 Plan
Share-based Compensation Arrangement by Share-based Payment Award
2012 equity incentive plan shares authorized | shares	25,000,000
Shares reserved for issuance increase percentage	2.50%
Share-based compensation arrangement by share-based payment award, expiration period (in years)	10 years
Share-based compensation arrangement by share-based payment award, expiration period for plan (in years)	10 years
2012 Plan | Minimum
Share-based Compensation Arrangement by Share-based Payment Award
Shares reserved for issuance increase date range	Jan. 1, 2013
2012 Plan | Maximum
Share-based Compensation Arrangement by Share-based Payment Award
Shares reserved for issuance increase date range	Jan. 1, 2022

Stockholders' Equity - Stock Op

Stockholders' Equity - Stock Option Activity (Details) $ / shares in Units, shares in Thousands, $ in Millions	3 Months Ended
	Mar. 31, 2016USD ($)$ / sharesshares
Class A Common Stock
Aggregate Intrinsic Value
Common stock, closing share price (in usd per share)	$ 114.10
Employee Stock Options
Number of Shares
Beginning balance (in shares) | shares	8,443
Stock options exercised (in shares) | shares	(501)
Ending balance (in shares) | shares	7,942
Stock options vested and expected to vest as of period end (in shares) | shares	7,941
Stock options exercisable as of period end (in shares) | shares	5,984
Weighted Average Exercise Price
Beginning balance (in dollars per share)	$ 7.10
Stock options exercised (in dollars per share)	3.63
Ending balance (in dollars per share)	7.32
Stock options vested and expected to vest as of period end (in dollars per share)	7.32
Stock options exercisable as of period end (in dollars per share)	$ 5.54
Weighted Average Remaining Contractual Term
Balance at period end (in years)	3 years 6 months
Stock options vested and expected to vest as of period end (in years)	3 years 6 months
Stock options exercisable as of period end (in years)	3 years 2 months 12 days
Aggregate Intrinsic Value
Balance at period end | $	$ 848	[1]
Stock options vested and expected to vest as of period end | $	848	[1]
Stock options exercisable as of period end | $	$ 650	[1]
[1]	The aggregate intrinsic value is calculated as the difference between the exercise price of the underlying stock option awards and the official closing price of our Class A common stock, as reported on the NASDAQ Global Select Market, of $114.10 on March 31, 2016.

Stockholders' Equity - Restrict

Stockholders' Equity - Restricted Stock Units (Details) - Restricted Stock Units (RSUs) - USD ($) $ / shares in Units, shares in Thousands, $ in Millions		3 Months Ended
		Mar. 31, 2016	Mar. 31, 2015
Number of Shares
Unvested at beginning of period (in shares)	[1]	116,409
Granted (in shares)		20,498
Vested (in shares)		(14,238)
Forfeited (in shares)		(1,053)
Unvested at end of period (in shares)	[1]	121,616
Weighted Average Grant Date Fair Value
Unvested at beginning of period (in dollars per share)		$ 65.95
Granted (in dollars per share)		110.03
Vested (in dollars per share)		57.78
Forfeited (in dollars per share)		64.67
Unvested at end of period (in dollars per share)		$ 74.34
Fair value of vested RSUs		$ 1,450	$ 814
[1]	Unvested shares include inducement awards issued in connection with an acquisition in 2014 and are subject to the terms, restrictions, and conditions of separate non-plan RSU award agreements.

Stockholders' Equity - Addition

Stockholders' Equity - Additional Award Disclosures (Details) $ in Millions	3 Months Ended
	Mar. 31, 2016USD ($)
Share-based Compensation Arrangement by Share-based Payment Award
Future period share-based compensation expense	$ 8,670
Future period share-based compensation expense period of recognition (in years)	3 years
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award
Future period share-based compensation expense	$ 8,190
Other Awards
Share-based Compensation Arrangement by Share-based Payment Award
Future period share-based compensation expense	$ 478

Income Tax (Details)

Income Tax (Details) - USD ($) $ in Millions	Mar. 31, 2016	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Unrecognized tax benefits	$ 3,070	$ 3,020
Unrecognized tax benefits that would impact effective tax rate	$ 2,410

Geographical Information - Reve

Geographical Information - Revenue (Details) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2016	Mar. 31, 2015
Revenue by Geographical Area
Revenue		$ 5,382	$ 3,543
United States
Revenue by Geographical Area
Revenue		2,509	1,652
Rest of the World
Revenue by Geographical Area
Revenue	[1]	$ 2,873	$ 1,891
[1]	No individual country, other than disclosed above, exceeded 10% of our total revenue for any period presented.

Geographical Information - Prop

Geographical Information - Property and Equipment, Net (Details) - USD ($) $ in Millions	Mar. 31, 2016	Dec. 31, 2015
Long-Lived Assets By Geographical Area
Property and equipment, net	$ 6,467	$ 5,687
United States
Long-Lived Assets By Geographical Area
Property and equipment, net	5,082	4,498
Sweden
Long-Lived Assets By Geographical Area
Property and equipment, net	764	713
Rest of the World
Long-Lived Assets By Geographical Area
Property and equipment, net	$ 621	$ 476

Subsequent Event (Details)

Subsequent Event (Details)	Apr. 27, 2016
Subsequent Event
Subsequent Event [Line Items]
Stock dividend, number of shares of Class C capital stock each shareholder of Class A and Class B common stock will receive for every share they hold	2