Meta Platforms (META) 10-Q 3 Nov 16 2016 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2016	Oct. 28, 2016
Entity Information
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q3
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		2,340,824,544
Class B Common Stock
Entity Information
Entity Common Stock, Shares Outstanding		541,342,934

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	$ 6,038	$ 4,907
Marketable securities	20,102	13,527
Accounts receivable, net of allowances for doubtful accounts of $83 and $68 as of September 30, 2016 and December 31, 2015, respectively	3,070	2,559
Prepaid expenses and other current assets	1,118	659
Total current assets	30,328	21,652
Property and equipment, net	7,899	5,687
Intangible assets, net	2,702	3,246
Goodwill	18,085	18,026
Other assets	660	796
Total assets	59,674	49,407
Current liabilities:
Accounts payable	260	196
Partners payable	239	217
Accrued expenses and other current liabilities	2,018	1,449
Deferred revenue and deposits	78	56
Current portion of capital lease obligations	0	7
Total current liabilities	2,595	1,925
Capital lease obligations, less current portion	0	107
Other liabilities	2,964	3,157
Total liabilities	5,559	5,189
Stockholders' equity:
Common stock, $0.000006 par value; 5,000 million Class A shares authorized, 2,336 million and 2,293 million shares issued and outstanding, including 5 million and 8 million outstanding shares subject to repurchase, as of September 30, 2016 and December 31, 2015, respectively; 4,141 million Class B shares authorized, 546 million and 552 million shares issued and outstanding, including 2 million and 3 million outstanding shares subject to repurchase, as of September 30, 2016 and December 31, 2015, respectiv	0	0
Additional paid-in capital	38,756	34,886
Accumulated other comprehensive loss	(372)	(455)
Retained earnings	15,731	9,787
Total stockholders' equity	54,115	44,218
Total liabilities and stockholders' equity	$ 59,674	$ 49,407

CONDENSED CONSOLIDATED BALANCE3

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Current assets:
Accounts receivable, allowances for doubtful accounts	$ 83	$ 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	5,000,000,000	5,000,000,000
Common stock, shares issued	2,336,000,000	2,293,000,000
Common stock, shares outstanding	2,336,000,000	2,293,000,000
Common stock, outstanding shares subject to repurchase	5,000,000	8,000,000
Class B Common Stock
Stockholders' equity:
Common stock, shares authorized	4,141,000,000	4,141,000,000
Common stock, shares issued	546,000,000	552,000,000
Common stock, shares outstanding	546,000,000	552,000,000
Common stock, outstanding shares subject to repurchase	2,000,000	3,000,000

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Revenue	$ 7,011	$ 4,501	$ 18,829	$ 12,087
Costs and expenses:
Cost of revenue	987	720	2,741	2,043
Research and development	1,539	1,271	4,345	3,502
Marketing and sales	925	706	2,651	1,953
General and administrative	438	345	1,216	924
Total costs and expenses	3,889	3,042	10,953	8,422
Income from operations	3,122	1,459	7,876	3,665
Interest and other income/(expense), net	47	(27)	125	(28)
Income before provision for income taxes	3,169	1,432	8,001	3,637
Provision for income taxes	790	536	2,057	1,510
Net income	2,379	896	5,944	2,127
Less: Net income attributable to participating securities	6	5	18	12
Net income attributable to Class A and Class B common stockholders	$ 2,373	$ 891	$ 5,926	$ 2,115
Earnings per share attributable to Class A and Class B common stockholders:
Basic (in dollars per share)	$ 0.83	$ 0.32	$ 2.07	$ 0.76
Diluted (in dollars per share)	$ 0.82	$ 0.31	$ 2.05	$ 0.75
Weighted average shares used to compute earnings per share attributable to Class A and Class B common stockholders:
Basic (in shares)	2,871	2,808	2,857	2,796
Diluted (in shares)	2,915	2,863	2,902	2,848
Share-based compensation expense included in costs and expenses:
Share-based compensation expense	$ 819	$ 757	$ 2,371	$ 2,223
Cost of revenue
Share-based compensation expense included in costs and expenses:
Share-based compensation expense	30	21	80	59
Research and development
Share-based compensation expense included in costs and expenses:
Share-based compensation expense	633	598	1,842	1,767
Marketing and sales
Share-based compensation expense included in costs and expenses:
Share-based compensation expense	94	82	269	236
General and administrative
Share-based compensation expense included in costs and expenses:
Share-based compensation expense	$ 62	$ 56	$ 180	$ 161

CONDENSED CONSOLIDATED STATEME5

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Statement of Comprehensive Income [Abstract]
Net income	$ 2,379	$ 896	$ 5,944	$ 2,127
Other comprehensive income (loss):
Change in foreign currency translation adjustment, net of tax	35	(22)	55	(155)
Other Comprehensive Income (Loss), Available-for-sale Securities Adjustment and Other, Net of Tax	(33)	(1)	28	3
Comprehensive income	$ 2,381	$ 873	$ 6,027	$ 1,975

CONDENSED CONSOLIDATED STATEME6

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Cash flows from operating activities
Net income	$ 5,944	$ 2,127
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	1,728	1,402
Share-based compensation	2,371	2,214
Deferred income taxes	(123)	(672)
Tax benefit from share-based award activity	1,420	1,155
Excess tax benefit from share-based award activity	(1,420)	(1,155)
Other	23	13
Changes in assets and liabilities:
Accounts receivable	(478)	(405)
Prepaid expenses and other current assets	(311)	(145)
Other assets	46	4
Accounts payable	(21)	7
Partners payable	20	40
Accrued expenses and other current liabilities	641	291
Deferred revenue and deposits	21	(18)
Other liabilities	(103)	914
Net cash provided by operating activities	9,758	5,772
Cash flows from investing activities
Purchases of property and equipment	(3,222)	(1,831)
Purchases of marketable securities	(17,368)	(10,333)
Sales of marketable securities	9,791	4,125
Maturities of marketable securities	1,034	1,563
Acquisitions of businesses, net of cash acquired, and purchases of intangible assets	(81)	(309)
Change in restricted cash and deposits	82	77
Net cash used in investing activities	(9,764)	(6,708)
Cash flows from financing activities
Principal payments on capital lease and other financing obligations	(312)	(107)
Excess tax benefit from share-based award activity	1,420	1,155
Other financing activities, net	(2)	(20)
Net cash provided by financing activities	1,106	1,028
Effect of exchange rate changes on cash and cash equivalents	31	(99)
Net increase (decrease) in cash and cash equivalents	1,131	(7)
Cash and cash equivalents at beginning of period	4,907	4,315
Cash and cash equivalents at end of period	6,038	4,308
Cash paid during the period for:
Interest	11	8
Income taxes, net	764	199
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	319	107
Promissory note payable issued in connection with an acquisition	0	198
Settlement of contingent consideration liability	$ 33	$ 0

Summary of Significant Accounti

Summary of Significant Accounting Policies	9 Months Ended
	Sep. 30, 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. Recently Issued or Adopted Accounting Pronouncements 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; however, we anticipate the impact will reduce our effective tax rate. In August 2016, the FASB issued Accounting Standards Update No. 2016-15, Statement of Cash Flows (Topic 230) (ASU 2016-15), which addresses eight specific cash flow classification issues to reduce diversity in practice. This guidance will be effective for us in the first quarter of 2017 on a retrospective basis and early adoption is permitted. We elected to early adopt this guidance in the third quarter of 2016 on a retrospective basis. There was no reclassification impact of the adoption on our condensed consolidated statement of cash flows for the nine months ended September 30, 2016 and 2015, and such statements have been presented in accordance with this new guidance.

Earnings per Share

Earnings per Share	9 Months Ended
	Sep. 30, 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, such as 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 and nine months ended September 30, 2016 also included the effect of earn-out shares which issuance was contingent upon the completion of certain milestones. The performance milestones related to our earn-out shares were completed in the second quarter of 2016. Basic and dilutive securities in our basic and diluted EPS calculation for the three and nine months ended September 30, 2015 excluded the effect of these earn-out shares because the milestones were not met as of September 30, 2015 . Certain RSUs were excluded from the EPS calculation because the impact would be anti-dilutive. These excluded RSUs were not material for the three and nine months ended September 30, 2016 and 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 September 30, Nine Months Ended September 30, 2016 2015 2016 2015 Class A Class B Class A Class B Class A Class B Class A Class B Basic EPS: Numerator Net income $ 1,925 $ 454 $ 719 $ 177 $ 4,806 $ 1,138 $ 1,705 $ 422 Less: Net income attributable to participating securities 5 1 4 1 15 3 9 3 Net income attributable to common stockholders $ 1,920 $ 453 $ 715 $ 176 $ 4,791 $ 1,135 $ 1,696 $ 419 Denominator Weighted average shares outstanding 2,328 550 2,264 558 2,316 549 2,253 559 Less: Shares subject to repurchase 5 2 10 4 6 2 11 5 Number of shares used for basic EPS computation 2,323 548 2,254 554 2,310 547 2,242 554 Basic EPS $ 0.83 $ 0.83 $ 0.32 $ 0.32 $ 2.07 $ 2.07 $ 0.76 $ 0.76 Diluted EPS: Numerator Net income attributable to common stockholders $ 1,920 $ 453 $ 715 $ 176 $ 4,791 $ 1,135 $ 1,696 $ 419 Reallocation of net income attributable to participating securities 6 — 5 — 18 — 12 — Reallocation of net income as a result of conversion of Class B to Class A common stock 453 — 176 — 1,135 — 419 — Reallocation of net income to Class B common stock — 2 — 3 — 9 — 10 Net income attributable to common stockholders for diluted EPS $ 2,379 $ 455 $ 896 $ 179 $ 5,944 $ 1,144 $ 2,127 $ 429 Denominator Number of shares used for basic EPS computation 2,323 548 2,254 554 2,310 547 2,242 554 Conversion of Class B to Class A common stock 548 — 554 — 547 — 554 — Weighted average effect of dilutive securities: Employee stock options 4 4 7 7 5 5 8 8 RSUs 35 3 42 8 34 5 39 10 Shares subject to repurchase 4 1 6 2 5 1 5 2 Earn-out shares 1 1 — — 1 1 — — Number of shares used for diluted EPS computation 2,915 557 2,863 571 2,902 559 2,848 574 Diluted EPS $ 0.82 $ 0.82 $ 0.31 $ 0.31 $ 2.05 $ 2.05 $ 0.75 $ 0.75

Cash and Cash Equivalents, and

Cash and Cash Equivalents, and Marketable Securities	9 Months Ended
	Sep. 30, 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): September 30, 2016 December 31, 2015 Cash and cash equivalents: Cash $ 1,953 $ 1,703 Money market funds 2,347 2,409 U.S. government securities 900 597 U.S. government agency securities 705 145 Corporate debt securities 133 53 Total cash and cash equivalents 6,038 4,907 Marketable securities: U.S. government securities 7,416 5,948 U.S. government agency securities 6,738 4,475 Corporate debt securities 5,948 3,104 Total marketable securities 20,102 13,527 Total cash and cash equivalents, and marketable securities $ 26,140 $ 18,434 The gross unrealized gains or losses on our marketable securities as of September 30, 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 September 30, 2016 and December 31, 2015 . As of September 30, 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): September 30, 2016 Due in one year $ 4,898 Due in one to five years 15,204 Total $ 20,102

Fair Value Measurement

Fair Value Measurement	9 Months Ended
	Sep. 30, 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 September 30, 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 $ 2,347 $ 2,347 $ — $ — U.S. government securities 900 900 — — U.S. government agency securities 705 705 — — Corporate debt securities 133 — 133 — Marketable securities: U.S. government securities 7,416 7,416 — — U.S. government agency securities 6,738 6,738 — — Corporate debt securities 5,948 — 5,948 — Total cash equivalents and marketable securities $ 24,187 $ 18,106 $ 6,081 $ — Accrued expenses and other current liabilities: Contingent consideration liability $ 263 $ — $ 263 $ — 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. The performance milestones related to our contingent consideration liability were completed in the second quarter of 2016. Therefore, we no longer have to estimate the fair value of our contingent consideration liability based on the present value of probability-weighted future cash flows which are unobservable inputs that are not supported by market activity. As such, we reclassified our contingent consideration liability from Level 3 to Level 2. During the three and nine months ended September 30, 2016 , we recognized an increase in the fair value of our contingent liability of $20 million and $87 million , respectively, in research and development expense in our condensed consolidated statements of income, mostly due to the increase in the fair value of our common stock and the completion of the performance milestones described above. In addition, we settled a portion of the contingent liability in July 2016 and the remaining portion of the contingent liability was reclassified to accrued expenses and other current liabilities on our condensed consolidated balance sheets as of September 30, 2016 .

Property and Equipment

Property and Equipment	9 Months Ended
	Sep. 30, 2016
Property, Plant and Equipment [Abstract]
Property and Equipment	Property and Equipment Property and equipment consists of the following (in millions): September 30, December 31, Land $ 692 $ 596 Buildings 2,687 2,273 Leasehold improvements 474 447 Network equipment 4,734 3,633 Computer software, office equipment and other 351 248 Construction in progress 1,840 622 Total 10,778 7,819 Less: Accumulated depreciation (2,879 ) (2,132 ) Property and equipment, net $ 7,899 $ 5,687 Construction in progress includes costs primarily related to construction of data centers, network equipment infrastructure to support our data centers around the world, and office buildings. No interest was capitalized during the three and nine months ended September 30, 2016 and 2015 .

Goodwill and Intangible Assets

Goodwill and Intangible Assets	9 Months Ended
	Sep. 30, 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 nine months ended September 30, 2016 are as follows (in millions): Balance as of December 31, 2015 $ 18,026 Goodwill acquired 56 Effect of currency translation adjustment 3 Balance as of September 30, 2016 $ 18,085 Intangible assets consist of the following (in millions): September 30, 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 5.0 $ 2,056 $ (604 ) $ 1,452 $ 2,056 $ (382 ) $ 1,674 Acquired technology 3.8 915 (462 ) 453 831 (310 ) 521 Acquired patents 6.1 785 (399 ) 386 785 (333 ) 452 Trade names 3.4 629 (265 ) 364 629 (163 ) 466 Other 3.5 162 (115 ) 47 162 (89 ) 73 Total finite-lived intangible assets 4.7 $ 4,547 $ (1,845 ) $ 2,702 $ 4,463 $ (1,277 ) $ 3,186 Indefinite-lived intangible assets: In-process research and development (IPR&D) $ — $ — $ — $ 60 $ — $ 60 Total intangible assets $ 4,547 $ (1,845 ) $ 2,702 $ 4,523 $ (1,277 ) $ 3,246 We completed the IPR&D and reclassified it from indefinite-lived intangible asset to acquired technology in March 2016. We also began amortizing the balance over its estimated useful life. Amortization expense of intangible assets was $195 million and $568 million for the three and nine months ended September 30, 2016 , respectively, and $180 million and $539 million for the three and nine months ended September 30, 2015 , respectively. As of September 30, 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 $ 182 2017 681 2018 614 2019 522 2020 357 Thereafter 346 Total $ 2,702

Long-term Debt

Long-term Debt	9 Months Ended
	Sep. 30, 2016
Debt Disclosure [Abstract]
Long-term Debt	Long-term Debt In May 2016, we terminated our undrawn five -year senior unsecured revolving credit facility that allowed us to borrow up to $6.5 billion and entered into a $2.0 billion senior unsecured revolving credit facility (2016 Facility). Any amounts outstanding under the 2016 Facility will be due and payable on May 20, 2021. As of September 30, 2016 , no amounts had been drawn down and we were in compliance with the covenants under the 2016 Facility.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 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, 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 $63 million and $181 million for the three and nine months ended September 30, 2016 , respectively, and $47 million and $127 million for the three and nine months ended September 30, 2015 , respectively. As of September 30, 2016 , we had 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. On April 27, 2016, we announced a proposal to create a new class of non-voting capital stock (Class C capital stock) and our intention to declare and pay a dividend of two shares of Class C capital stock for each outstanding share of Class A and Class B common stock (the Reclassification). Following our announcement of the Reclassification, beginning on April 29, 2016, multiple purported class action lawsuits were filed on behalf of our stockholders in the Delaware Court of Chancery against us, certain of our board of directors, and Mark Zuckerberg. The lawsuits have been consolidated under the caption In re Facebook, Inc. Class C Reclassification Litig. , C.A. No. 12286-VCL, and the consolidated complaint generally alleges that the defendants breached their fiduciary duties in connection with the Reclassification. Among other remedies, these lawsuits seek to enjoin the Reclassification as well as unspecified money damages, costs, and attorneys’ fees. We believe that the lawsuits are without merit and intend to vigorously defend against all claims asserted. We are also party to various legal proceedings and claims that arise in the ordinary course of business. Among these pending matters, one case is currently scheduled for trial in the near future. ZeniMax Media Inc. v. Oculus VR Inc. , is scheduled to begin trial in January 2017, in the U.S. District Court for the Northern District of Texas. In the ZeniMax case, the plaintiff asserts a number of claims against us, including trade secret misappropriation, copyright infringement, tortious interference with contract, unfair competition, unjust enrichment, trademark infringement, and false designation. The plaintiff is seeking significant monetary damages and equitable relief, including an injunction. We believe the claims made by the plaintiff in the ZeniMax case are without merit, and we intend to defend ourselves vigorously. Because the outcome of litigation is inherently uncertain, we believe it is reasonably possible that we may incur a loss in connection with this matter. However, we do not believe a material loss is probable and we are unable to estimate a reasonable range of loss, if any, that could result were there to be an adverse final decision, and we therefore have not accrued a liability for this matter. If an unfavorable outcome were to occur in this case, it is possible that the impact could be material to our results in the period(s) in which any such outcome becomes probable and estimable. With respect to our other 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. For information regarding income tax contingencies, see Note 10 — Income Taxes.

Stockholders' Equity

Stockholders' Equity	9 Months Ended
	Sep. 30, 2016
Equity [Abstract]
Stockholders' Equity	Stockholders' Equity Reclassification In April 2016, our board of directors approved the Reclassification by approving amendments to our restated certificate of incorporation (the New Certificate) that would, among other things, create non-voting Class C capital stock. The 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 in connection with any liquidation, dissolution or winding up of the corporation), share ratably and be identical in all other respects and as to all matters to the shares of Class A and Class B common stock, except for voting rights and as expressly provided in the New Certificate. The New Certificate was approved by our stockholders on June 20, 2016. As of September 30, 2016, the New Certificate was not yet effective. As part of the Reclassification, we announced that 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. The record and payment dates for this dividend will be determined by our board of directors in its discretion and there can be no assurance as to the timing of such dates. For accounting purposes, we expect this dividend will be treated as a stock split in the form of a dividend. 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. Our board of directors approved the amendment and restatement of our 2012 Plan (the Amended 2012 Plan), which was approved by our stockholders and adopted by us in June 2016. We initially reserved 25 million shares of our Class A common stock for issuance under our 2012 Plan. Following the date of the stock dividend described above, if it is declared and paid, the shares reserved and available for issuance under our Amended 2012 Plan will be shares of the new Class C Capital Stock, except for shares reserved for awards outstanding immediately prior to the payment of the dividend. The number of shares reserved for issuance under our Amended 2012 Plan increases automatically on January 1 of each of the calendar years during the term of the Amended 2012 Plan, which will continue through and including April 2026 unless terminated earlier by our board of directors or a committee thereof, by a number of shares of Class C capital stock (and prior to the date of the payment of the stock dividend described above, Class A common stock) equal to the lesser of (i) 2.5% of the total issued and outstanding shares of our Class A common stock and Class C capital 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. The following table summarizes the activities of stock option awards under the Stock Plans for the nine months ended September 30, 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 (2,127 ) 5.21 Balance as of September 30, 2016 6,316 $ 7.74 3.1 $ 761 Stock options vested and expected to vest as of September 30, 2016 6,315 $ 7.74 3.1 $ 761 Stock options exercisable as of September 30, 2016 4,827 $ 5.99 2.9 $ 590 (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 of $128.27 , as reported on the NASDAQ Global Select Market on September 30, 2016 . The following table summarizes the activities for our unvested RSUs for the nine months ended September 30, 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 26,264 112.08 Vested (33,820 ) 58.27 Forfeited (4,351 ) 73.91 Unvested at September 30, 2016 104,502 $ 79.69 (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 and nine months ended September 30, 2016 was $1.21 billion and $3.84 billion , respectively, and $894 million and $2.38 billion , respectively, during the three and nine months ended September 30, 2015 . As of September 30, 2016 , there was $7.48 billion of unrecognized share-based compensation expense, of which (i) $7.15 billion was related to RSUs, and (ii) $323 million was related to restricted shares, shares related to our contingent consideration with performance conditions that were met in the second quarter of 2016 but are still subject to service condition, 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	9 Months Ended
	Sep. 30, 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 that of the United States. We have not provided United States taxes for all foreign earnings because we intend to indefinitely reinvest a substantial portion of those earnings outside of 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 2010 through 2013 tax years. Our 2014 and subsequent years remain open to examination by the IRS. Our 2011 and subsequent years remain open to examination in Ireland. In July 2016, we received a Statutory Notice of Deficiency (Notice) from the IRS relating to transfer pricing with our foreign subsidiaries in conjunction with the examination of the 2010 tax year. While the Notice applies only to the 2010 tax year, the IRS states that it will also apply its position for tax years subsequent to 2010, which, if the IRS prevails in its position, could result in an additional federal tax liability of an estimated aggregate amount of approximately $3.0 billion to $5.0 billion , plus interest and any penalties asserted. We do not agree with the position of the IRS and have filed a petition in the United States Tax Court challenging the Notice. If the IRS prevails in the assessment of additional tax due based on its position, the assessed tax, interest and penalties, if any, could have a material adverse impact on our financial position, results of operations or cash flows. Our gross unrecognized tax benefits were $3.20 billion and $3.02 billion as of September 30, 2016 and December 31, 2015 , respectively. If the gross unrecognized tax benefits as of September 30, 2016 were realized in a subsequent period, this would result in a tax benefit of $2.53 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. 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, however, we do not anticipate a significant impact to such amount within the next 12 months.

Geographical Information

Geographical Information	9 Months Ended
	Sep. 30, 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 September 30, Nine Months Ended September 30, 2016 2015 2016 2015 Revenue: United States $ 3,184 $ 2,166 $ 8,545 $ 5,699 Rest of the world (1) 3,827 2,335 10,284 6,388 Total revenue $ 7,011 $ 4,501 $ 18,829 $ 12,087 (1) No individual country, other than disclosed above, exceeded 10% of our total revenue for any period presented. September 30, December 31, Property and equipment, net: United States $ 6,239 $ 4,498 Rest of the world (1) 1,660 1,189 Total property and equipment, net $ 7,899 $ 5,687 (1) As of September 30, 2016 , property and equipment, net in Sweden no longer exceeded 10% of our total property and equipment, net. As of December 31, 2015 , such balance was $713 million . Other than disclosed, no individual country exceeded 10% of our total property and equipment, net for any period presented.

Summary of Significant Accoun18

Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 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.
Recently Issued or Adopted Accounting Pronouncements	Recently Issued or Adopted Accounting Pronouncements 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; however, we anticipate the impact will reduce our effective tax rate. In August 2016, the FASB issued Accounting Standards Update No. 2016-15, Statement of Cash Flows (Topic 230) (ASU 2016-15), which addresses eight specific cash flow classification issues to reduce diversity in practice. This guidance will be effective for us in the first quarter of 2017 on a retrospective basis and early adoption is permitted. We elected to early adopt this guidance in the third quarter of 2016 on a retrospective basis. There was no reclassification impact of the adoption on our condensed consolidated statement of cash flows for the nine months ended September 30, 2016 and 2015, and such statements have been presented in accordance with this new guidance.

Earnings per Share (Tables)

Earnings per Share (Tables)	9 Months Ended
	Sep. 30, 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 September 30, Nine Months Ended September 30, 2016 2015 2016 2015 Class A Class B Class A Class B Class A Class B Class A Class B Basic EPS: Numerator Net income $ 1,925 $ 454 $ 719 $ 177 $ 4,806 $ 1,138 $ 1,705 $ 422 Less: Net income attributable to participating securities 5 1 4 1 15 3 9 3 Net income attributable to common stockholders $ 1,920 $ 453 $ 715 $ 176 $ 4,791 $ 1,135 $ 1,696 $ 419 Denominator Weighted average shares outstanding 2,328 550 2,264 558 2,316 549 2,253 559 Less: Shares subject to repurchase 5 2 10 4 6 2 11 5 Number of shares used for basic EPS computation 2,323 548 2,254 554 2,310 547 2,242 554 Basic EPS $ 0.83 $ 0.83 $ 0.32 $ 0.32 $ 2.07 $ 2.07 $ 0.76 $ 0.76 Diluted EPS: Numerator Net income attributable to common stockholders $ 1,920 $ 453 $ 715 $ 176 $ 4,791 $ 1,135 $ 1,696 $ 419 Reallocation of net income attributable to participating securities 6 — 5 — 18 — 12 — Reallocation of net income as a result of conversion of Class B to Class A common stock 453 — 176 — 1,135 — 419 — Reallocation of net income to Class B common stock — 2 — 3 — 9 — 10 Net income attributable to common stockholders for diluted EPS $ 2,379 $ 455 $ 896 $ 179 $ 5,944 $ 1,144 $ 2,127 $ 429 Denominator Number of shares used for basic EPS computation 2,323 548 2,254 554 2,310 547 2,242 554 Conversion of Class B to Class A common stock 548 — 554 — 547 — 554 — Weighted average effect of dilutive securities: Employee stock options 4 4 7 7 5 5 8 8 RSUs 35 3 42 8 34 5 39 10 Shares subject to repurchase 4 1 6 2 5 1 5 2 Earn-out shares 1 1 — — 1 1 — — Number of shares used for diluted EPS computation 2,915 557 2,863 571 2,902 559 2,848 574 Diluted EPS $ 0.82 $ 0.82 $ 0.31 $ 0.31 $ 2.05 $ 2.05 $ 0.75 $ 0.75

Cash and Cash Equivalents, an20

Cash and Cash Equivalents, and Marketable Securities (Tables)	9 Months Ended
	Sep. 30, 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): September 30, 2016 December 31, 2015 Cash and cash equivalents: Cash $ 1,953 $ 1,703 Money market funds 2,347 2,409 U.S. government securities 900 597 U.S. government agency securities 705 145 Corporate debt securities 133 53 Total cash and cash equivalents 6,038 4,907 Marketable securities: U.S. government securities 7,416 5,948 U.S. government agency securities 6,738 4,475 Corporate debt securities 5,948 3,104 Total marketable securities 20,102 13,527 Total cash and cash equivalents, and marketable securities $ 26,140 $ 18,434
Marketable Securities by Contractual Maturities	The following table classifies our marketable securities by contractual maturities (in millions): September 30, 2016 Due in one year $ 4,898 Due in one to five years 15,204 Total $ 20,102

Fair Value Measurement (Tables)

Fair Value Measurement (Tables)	9 Months Ended
	Sep. 30, 2016
Fair Value Disclosures [Abstract]
Assets and Liabilities Measured at Fair Value	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 September 30, 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 $ 2,347 $ 2,347 $ — $ — U.S. government securities 900 900 — — U.S. government agency securities 705 705 — — Corporate debt securities 133 — 133 — Marketable securities: U.S. government securities 7,416 7,416 — — U.S. government agency securities 6,738 6,738 — — Corporate debt securities 5,948 — 5,948 — Total cash equivalents and marketable securities $ 24,187 $ 18,106 $ 6,081 $ — Accrued expenses and other current liabilities: Contingent consideration liability $ 263 $ — $ 263 $ — 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)	9 Months Ended
	Sep. 30, 2016
Property, Plant and Equipment [Abstract]
Property and Equipment	Property and equipment consists of the following (in millions): September 30, December 31, Land $ 692 $ 596 Buildings 2,687 2,273 Leasehold improvements 474 447 Network equipment 4,734 3,633 Computer software, office equipment and other 351 248 Construction in progress 1,840 622 Total 10,778 7,819 Less: Accumulated depreciation (2,879 ) (2,132 ) Property and equipment, net $ 7,899 $ 5,687

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	9 Months Ended
	Sep. 30, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Changes in Carrying Amount of Goodwill	The changes in the carrying amount of goodwill for the nine months ended September 30, 2016 are as follows (in millions): Balance as of December 31, 2015 $ 18,026 Goodwill acquired 56 Effect of currency translation adjustment 3 Balance as of September 30, 2016 $ 18,085
Schedule of Finite-Lived Intangible Assets	Intangible assets consist of the following (in millions): September 30, 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 5.0 $ 2,056 $ (604 ) $ 1,452 $ 2,056 $ (382 ) $ 1,674 Acquired technology 3.8 915 (462 ) 453 831 (310 ) 521 Acquired patents 6.1 785 (399 ) 386 785 (333 ) 452 Trade names 3.4 629 (265 ) 364 629 (163 ) 466 Other 3.5 162 (115 ) 47 162 (89 ) 73 Total finite-lived intangible assets 4.7 $ 4,547 $ (1,845 ) $ 2,702 $ 4,463 $ (1,277 ) $ 3,186 Indefinite-lived intangible assets: In-process research and development (IPR&D) $ — $ — $ — $ 60 $ — $ 60 Total intangible assets $ 4,547 $ (1,845 ) $ 2,702 $ 4,523 $ (1,277 ) $ 3,246
Schedule of Indefinite-Lived Intangible Assets	Intangible assets consist of the following (in millions): September 30, 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 5.0 $ 2,056 $ (604 ) $ 1,452 $ 2,056 $ (382 ) $ 1,674 Acquired technology 3.8 915 (462 ) 453 831 (310 ) 521 Acquired patents 6.1 785 (399 ) 386 785 (333 ) 452 Trade names 3.4 629 (265 ) 364 629 (163 ) 466 Other 3.5 162 (115 ) 47 162 (89 ) 73 Total finite-lived intangible assets 4.7 $ 4,547 $ (1,845 ) $ 2,702 $ 4,463 $ (1,277 ) $ 3,186 Indefinite-lived intangible assets: In-process research and development (IPR&D) $ — $ — $ — $ 60 $ — $ 60 Total intangible assets $ 4,547 $ (1,845 ) $ 2,702 $ 4,523 $ (1,277 ) $ 3,246
Expected Amortization Expense for Unamortized Acquired Intangible Assets	As of September 30, 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 $ 182 2017 681 2018 614 2019 522 2020 357 Thereafter 346 Total $ 2,702

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	9 Months Ended
	Sep. 30, 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 nine months ended September 30, 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 (2,127 ) 5.21 Balance as of September 30, 2016 6,316 $ 7.74 3.1 $ 761 Stock options vested and expected to vest as of September 30, 2016 6,315 $ 7.74 3.1 $ 761 Stock options exercisable as of September 30, 2016 4,827 $ 5.99 2.9 $ 590 (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 of $128.27 , as reported on the NASDAQ Global Select Market on September 30, 2016 .
Restricted Stock Units Award Activity	The following table summarizes the activities for our unvested RSUs for the nine months ended September 30, 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 26,264 112.08 Vested (33,820 ) 58.27 Forfeited (4,351 ) 73.91 Unvested at September 30, 2016 104,502 $ 79.69 (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)	9 Months Ended
	Sep. 30, 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 September 30, Nine Months Ended September 30, 2016 2015 2016 2015 Revenue: United States $ 3,184 $ 2,166 $ 8,545 $ 5,699 Rest of the world (1) 3,827 2,335 10,284 6,388 Total revenue $ 7,011 $ 4,501 $ 18,829 $ 12,087 (1) No individual country, other than disclosed above, exceeded 10% of our total revenue for any period presented. September 30, December 31, Property and equipment, net: United States $ 6,239 $ 4,498 Rest of the world (1) 1,660 1,189 Total property and equipment, net $ 7,899 $ 5,687 (1) As of September 30, 2016 , property and equipment, net in Sweden no longer exceeded 10% of our total property and equipment, net. As of December 31, 2015 , such balance was $713 million . Other than disclosed, no individual country exceeded 10% of our total property and equipment, net for any period presented.

Earnings per Share (Details)

Earnings per Share (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Numerator
Net income	$ 2,379	$ 896	$ 5,944	$ 2,127
Less: Net income attributable to participating securities	6	5	18	12
Net income attributable to Class A and Class B common stockholders	$ 2,373	$ 891	$ 5,926	$ 2,115
Denominator
Number of shares used for basic EPS computation (in shares)	2,871	2,808	2,857	2,796
Basic EPS (in dollars per share)	$ 0.83	$ 0.32	$ 2.07	$ 0.76
Numerator
Net income attributable to common stockholders	$ 2,373	$ 891	$ 5,926	$ 2,115
Denominator
Number of shares used for basic EPS computation (in shares)	2,871	2,808	2,857	2,796
Number of shares used for diluted EPS computation (in shares)	2,915	2,863	2,902	2,848
Diluted EPS (in dollars per share)	$ 0.82	$ 0.31	$ 2.05	$ 0.75
Class A Common Stock
Numerator
Net income	$ 1,925	$ 719	$ 4,806	$ 1,705
Less: Net income attributable to participating securities	5	4	15	9
Net income attributable to Class A and Class B common stockholders	$ 1,920	$ 715	$ 4,791	$ 1,696
Denominator
Weighted average shares outstanding (in shares)	2,328	2,264	2,316	2,253
Less: Shares subject to repurchase (in shares)	5	10	6	11
Number of shares used for basic EPS computation (in shares)	2,323	2,254	2,310	2,242
Basic EPS (in dollars per share)	$ 0.83	$ 0.32	$ 2.07	$ 0.76
Numerator
Net income attributable to common stockholders	$ 1,920	$ 715	$ 4,791	$ 1,696
Reallocation of net income attributable to participating securities	6	5	18	12
Reallocation of net income as a result of conversion of Class B to Class A common stock	453	176	1,135	419
Reallocation of net income to Class B common stock	0	0	0	0
Net income attributable to common stockholders for diluted EPS	$ 2,379	$ 896	$ 5,944	$ 2,127
Denominator
Number of shares used for basic EPS computation (in shares)	2,323	2,254	2,310	2,242
Conversion of Class B to Class A common stock (in shares)	548	554	547	554
Shares subject to repurchase (in shares)	4	6	5	5
Earn-out shares (in shares)	1	0	1	0
Number of shares used for diluted EPS computation (in shares)	2,915	2,863	2,902	2,848
Diluted EPS (in dollars per share)	$ 0.82	$ 0.31	$ 2.05	$ 0.75
Class A Common Stock | Employee Stock Options
Denominator
Share based payment arrangements (in shares)	4	7	5	8
Class A Common Stock | Restricted Stock Units (RSUs)
Denominator
Share based payment arrangements (in shares)	35	42	34	39
Class B Common Stock
Numerator
Net income	$ 454	$ 177	$ 1,138	$ 422
Less: Net income attributable to participating securities	1	1	3	3
Net income attributable to Class A and Class B common stockholders	$ 453	$ 176	$ 1,135	$ 419
Denominator
Weighted average shares outstanding (in shares)	550	558	549	559
Less: Shares subject to repurchase (in shares)	2	4	2	5
Number of shares used for basic EPS computation (in shares)	548	554	547	554
Basic EPS (in dollars per share)	$ 0.83	$ 0.32	$ 2.07	$ 0.76
Numerator
Net income attributable to common stockholders	$ 453	$ 176	$ 1,135	$ 419
Reallocation of net income attributable to participating securities	0	0	0	0
Reallocation of net income as a result of conversion of Class B to Class A common stock	0	0	0	0
Reallocation of net income to Class B common stock	2	3	9	10
Net income attributable to common stockholders for diluted EPS	$ 455	$ 179	$ 1,144	$ 429
Denominator
Number of shares used for basic EPS computation (in shares)	548	554	547	554
Conversion of Class B to Class A common stock (in shares)	0	0	0	0
Shares subject to repurchase (in shares)	1	2	1	2
Earn-out shares (in shares)	1	0	1	0
Number of shares used for diluted EPS computation (in shares)	557	571	559	574
Diluted EPS (in dollars per share)	$ 0.82	$ 0.31	$ 2.05	$ 0.75
Class B Common Stock | Employee Stock Options
Denominator
Share based payment arrangements (in shares)	4	7	5	8
Class B Common Stock | Restricted Stock Units (RSUs)
Denominator
Share based payment arrangements (in shares)	3	8	5	10

Cash and Cash Equivalents, an27

Cash and Cash Equivalents, and Marketable Securities (Details) - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015	Sep. 30, 2015	Dec. 31, 2014
Cash and Cash Equivalents, and Marketable Securities
Cash and cash equivalents	$ 6,038	$ 4,907	$ 4,308	$ 4,315
Marketable securities	20,102	13,527
Total cash and cash equivalents, and marketable securities	26,140	18,434
U.S. government securities
Cash and Cash Equivalents, and Marketable Securities
Marketable securities	7,416	5,948
U.S. government agency securities
Cash and Cash Equivalents, and Marketable Securities
Marketable securities	6,738	4,475
Corporate debt securities
Cash and Cash Equivalents, and Marketable Securities
Marketable securities	5,948	3,104
Cash
Cash and Cash Equivalents, and Marketable Securities
Cash and cash equivalents	1,953	1,703
Money market funds
Cash and Cash Equivalents, and Marketable Securities
Cash and cash equivalents	2,347	2,409
U.S. government securities
Cash and Cash Equivalents, and Marketable Securities
Cash and cash equivalents	900	597
U.S. government agency securities
Cash and Cash Equivalents, and Marketable Securities
Cash and cash equivalents	705	145
Corporate debt securities
Cash and Cash Equivalents, and Marketable Securities
Cash and cash equivalents	$ 133	$ 53

Cash and Cash Equivalents, an28

Cash and Cash Equivalents, and Marketable Securities - Contractual Maturities of Debt Securities (Details) - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Cash and Cash Equivalents, and Marketable Securities [Abstract]
Due in one year	$ 4,898
Due in one to five years	15,204
Total marketable securities	$ 20,102	$ 13,527

Fair Value Measurement (Details

Fair Value Measurement (Details) - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2016	Dec. 31, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Marketable securities	$ 20,102	$ 20,102	$ 13,527
Change in fair value of contingent consideration liability	20	87
U.S. government securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Marketable securities	7,416	7,416	5,948
U.S. government agency securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Marketable securities	6,738	6,738	4,475
Corporate debt securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Marketable securities	5,948	5,948	3,104
Fair Value, Measurements, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Total cash equivalents and marketable securities	24,187	24,187	16,731
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	18,106	18,106	13,574
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	6,081	6,081	3,157
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	0
Fair Value, Measurements, Recurring | Accrued Expenses and Other Current Liabilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Contingent consideration liability	263	263
Fair Value, Measurements, Recurring | Accrued Expenses and Other Current Liabilities | Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Contingent consideration liability	0	0
Fair Value, Measurements, Recurring | Accrued Expenses and Other Current Liabilities | Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Contingent consideration liability	263	263
Fair Value, Measurements, Recurring | Accrued Expenses and Other Current Liabilities | Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Contingent consideration liability	0	0
Fair Value, Measurements, Recurring | Other Liabilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Contingent consideration liability			260
Fair Value, Measurements, Recurring | Other Liabilities | Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Contingent consideration liability			0
Fair Value, Measurements, Recurring | Other Liabilities | Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Contingent consideration liability			0
Fair Value, Measurements, Recurring | Other Liabilities | Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Contingent consideration liability			260
Fair Value, Measurements, Recurring | U.S. government securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Marketable securities	7,416	7,416	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	7,416	7,416	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	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	0
Fair Value, Measurements, Recurring | U.S. government agency securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Marketable securities	6,738	6,738	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	6,738	6,738	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	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	0
Fair Value, Measurements, Recurring | Corporate debt securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Marketable securities	5,948	5,948	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	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	5,948	5,948	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	0
Fair Value, Measurements, Recurring | Money market funds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Cash equivalents	2,347	2,347	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	2,347	2,347	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	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	0
Fair Value, Measurements, Recurring | U.S. government securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Cash equivalents	900	900	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	900	900	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	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
Cash equivalents	0	0	0
Fair Value, Measurements, Recurring | U.S. government agency securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Cash equivalents	705	705	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	705	705	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	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
Cash equivalents	0	0	0
Fair Value, Measurements, Recurring | Corporate debt securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Cash equivalents	133	133	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	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
Cash equivalents	133	133	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	$ 0	$ 0

Property and Equipment (Detail)

Property and Equipment (Detail) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Property, Plant and Equipment
Property and equipment, gross	$ 10,778,000,000		$ 10,778,000,000		$ 7,819,000,000
Less: Accumulated depreciation	(2,879,000,000)		(2,879,000,000)		(2,132,000,000)
Property and equipment, net	7,899,000,000		7,899,000,000		5,687,000,000
Interest costs capitalized	0	$ 0	0	$ 0
Land
Property, Plant and Equipment
Property and equipment, gross	692,000,000		692,000,000		596,000,000
Buildings
Property, Plant and Equipment
Property and equipment, gross	2,687,000,000		2,687,000,000		2,273,000,000
Leasehold improvements
Property, Plant and Equipment
Property and equipment, gross	474,000,000		474,000,000		447,000,000
Network equipment
Property, Plant and Equipment
Property and equipment, gross	4,734,000,000		4,734,000,000		3,633,000,000
Computer software, office equipment and other
Property, Plant and Equipment
Property and equipment, gross	351,000,000		351,000,000		248,000,000
Construction in progress
Property, Plant and Equipment
Property and equipment, gross	$ 1,840,000,000		$ 1,840,000,000		$ 622,000,000

Goodwill and Intangible Asset31

Goodwill and Intangible Assets - Change in Carrying Amount (Details) $ in Millions	9 Months Ended
	Sep. 30, 2016USD ($)
Goodwill
Goodwill beginning	$ 18,026
Goodwill acquired	56
Effect of currency translation adjustment	3
Goodwill ending	$ 18,085

Goodwill and Intangible Asset32

Goodwill and Intangible Assets - Intangible Assets (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Total intangible assets, gross	$ 4,547		$ 4,547		$ 4,523
Total intangible assets, net	2,702		2,702		3,246
Amortization expense	195	$ 180	$ 568	$ 539
Finite-Lived Intangible Assets [Line Items]
Weighted Average Remaining Useful Life (in years)			4 years 8 months 13 days
Gross Carrying Amount	4,547		$ 4,547		4,463
Accumulated Amortization	(1,845)		(1,845)		(1,277)
Net Carrying Amount	2,702		2,702		3,186
In-process research and development (IPR&D)
Indefinite-lived Intangible Assets [Line Items]
Indefinite-lived intangible assets	0		$ 0		60
Acquired users
Finite-Lived Intangible Assets [Line Items]
Weighted Average Remaining Useful Life (in years)			5 years
Gross Carrying Amount	2,056		$ 2,056		2,056
Accumulated Amortization	(604)		(604)		(382)
Net Carrying Amount	1,452		$ 1,452		1,674
Acquired technology
Finite-Lived Intangible Assets [Line Items]
Weighted Average Remaining Useful Life (in years)			3 years 9 months 19 days
Gross Carrying Amount	915		$ 915		831
Accumulated Amortization	(462)		(462)		(310)
Net Carrying Amount	453		$ 453		521
Acquired patents
Finite-Lived Intangible Assets [Line Items]
Weighted Average Remaining Useful Life (in years)			6 years 1 month 6 days
Gross Carrying Amount	785		$ 785		785
Accumulated Amortization	(399)		(399)		(333)
Net Carrying Amount	386		$ 386		452
Trade names
Finite-Lived Intangible Assets [Line Items]
Weighted Average Remaining Useful Life (in years)			3 years 4 months 23 days
Gross Carrying Amount	629		$ 629		629
Accumulated Amortization	(265)		(265)		(163)
Net Carrying Amount	364		$ 364		466
Other
Finite-Lived Intangible Assets [Line Items]
Weighted Average Remaining Useful Life (in years)			3 years 6 months 1 day
Gross Carrying Amount	162		$ 162		162
Accumulated Amortization	(115)		(115)		(89)
Net Carrying Amount	$ 47		$ 47		$ 73

Goodwill and Intangible Asset33

Goodwill and Intangible Assets - Estimated Amortization Expense (Details) - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Finite-Lived Intangible Assets, Amortization Expense, Maturity Schedule [Abstract]
The remainder of 2016	$ 182
2,017	681
2,018	614
2,019	522
2,020	357
Thereafter	346
Net Carrying Amount	$ 2,702	$ 3,186

Long-term Debt (Details)

Long-term Debt (Details) - Revolving Credit Facility - USD ($)	1 Months Ended
	May 31, 2016	Sep. 30, 2016
2013 Revolving Credit Facility
Debt Instrument
Term period	5 years
Maximum borrowing capacity	$ 6,500,000,000
2016 Facility
Debt Instrument
Maximum borrowing capacity	$ 2,000,000,000
Amount outstanding		$ 0

Commitments and Contingencies (

Commitments and Contingencies (Details) - USD ($) $ in Millions	Apr. 27, 2016	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Leases [Abstract]
Operating lease expense		$ 63	$ 47	$ 181	$ 127
Loss Contingency, Information about Litigation Matters [Abstract]
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
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)	Apr. 27, 2016shares	Sep. 30, 2016planshares
Share-based Compensation Arrangement by Share-based Payment Award
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
Share-based employee compensation plans, number | plan		2
2012 Plan
Share-based Compensation Arrangement by Share-based Payment Award
Equity incentive plan shares authorized		25,000,000
Shares reserved for issuance increase, percentage		2.50%
2012 Plan | Maximum
Share-based Compensation Arrangement by Share-based Payment Award
Shares reserved for issuance increase, date range		Jan. 1, 2026

Stockholders' Equity - Stock Op

Stockholders' Equity - Stock Option Activity (Details) $ / shares in Units, shares in Thousands, $ in Millions	9 Months Ended
	Sep. 30, 2016USD ($)$ / sharesshares
Class A Common Stock
Aggregate Intrinsic Value
Common stock, closing share price (in usd per share)	$ 128.27
Employee Stock Options
Number of Shares
Beginning balance (in shares) | shares	8,443
Stock options exercised (in shares) | shares	(2,127)
Ending balance (in shares) | shares	6,316
Stock options vested and expected to vest as of period end (in shares) | shares	6,315
Stock options exercisable as of period end (in shares) | shares	4,827
Weighted Average Exercise Price
Beginning balance (in dollars per share)	$ 7.10
Stock options exercised (in dollars per share)	5.21
Ending balance (in dollars per share)	7.74
Stock options vested and expected to vest as of period end (in dollars per share)	7.74
Stock options exercisable as of period end (in dollars per share)	$ 5.99
Weighted Average Remaining Contractual Term
Balance at period end	3 years 1 month 6 days
Stock options vested and expected to vest as of period end	3 years 1 month 6 days
Stock options exercisable as of period end	2 years 10 months 25 days
Aggregate Intrinsic Value
Balance at period end | $	$ 761	[1]
Stock options vested and expected to vest as of period end | $	761	[1]
Stock options exercisable as of period end | $	$ 590	[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 of $128.27, as reported on the NASDAQ Global Select Market on September 30, 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		9 Months Ended
		Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Number of Shares
Unvested at beginning of period (in shares)	[1]			116,409
Granted (in shares)				26,264
Vested (in shares)				(33,820)
Forfeited (in shares)				(4,351)
Unvested at end of period (in shares)	[1]	104,502		104,502
Weighted Average Grant Date Fair Value
Unvested at beginning of period (in dollars per share)				$ 65.95
Granted (in dollars per share)				112.08
Vested (in dollars per share)				58.27
Forfeited (in dollars per share)				73.91
Unvested at end of period (in dollars per share)		$ 79.69		$ 79.69
Fair value of vested RSUs		$ 1,210	$ 894	$ 3,840	$ 2,380
[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	9 Months Ended
	Sep. 30, 2016USD ($)
Share-based Compensation Arrangement by Share-based Payment Award
Unrecognized share-based compensation expense	$ 7,480
Unrecognized share-based compensation expense recognition period (in years)	3 years
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award
Unrecognized share-based compensation expense	$ 7,150
Other Awards
Share-based Compensation Arrangement by Share-based Payment Award
Unrecognized share-based compensation expense	$ 323

Income Tax (Details)

Income Tax (Details) - USD ($) $ in Millions	1 Months Ended
	Jul. 31, 2016	Sep. 30, 2016	Dec. 31, 2015
Income Tax Examination [Line Items]
Unrecognized tax benefits		$ 3,200	$ 3,020
Unrecognized tax benefits that would result in tax benefit if realized		$ 2,530
Minimum
Income Tax Examination [Line Items]
Income tax examination, estimate of possible loss	$ 3,000
Maximum
Income Tax Examination [Line Items]
Income tax examination, estimate of possible loss	$ 5,000

Geographical Information - Reve

Geographical Information - Revenue (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Revenue by Geographical Area
Revenue		$ 7,011	$ 4,501	$ 18,829	$ 12,087
United States
Revenue by Geographical Area
Revenue		3,184	2,166	8,545	5,699
Rest of the world
Revenue by Geographical Area
Revenue	[1]	$ 3,827	$ 2,335	$ 10,284	$ 6,388
[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		Sep. 30, 2016	Dec. 31, 2015
Long-Lived Assets By Geographical Area
Total property and equipment, net		$ 7,899	$ 5,687
United States
Long-Lived Assets By Geographical Area
Total property and equipment, net		6,239	4,498
Rest of the world
Long-Lived Assets By Geographical Area
Total property and equipment, net	[1]	$ 1,660	1,189
Sweden
Long-Lived Assets By Geographical Area
Total property and equipment, net			$ 713
[1]	As of September 30, 2016, property and equipment, net in Sweden no longer exceeded 10% of our total property and equipment, net. As of December 31, 2015, such balance was $713 million. Other than disclosed, no individual country exceeded 10% of our total property and equipment, net for any period presented.