Meta Platforms (META) 10-Q 4 May 17 2017 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2017	May 01, 2017
Entity Information
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2017
Document Fiscal Year Focus	2,017
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		2,364,782,615
Class B Common Stock
Entity Information
Entity Common Stock, Shares Outstanding		533,394,333

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Mar. 31, 2017	Dec. 31, 2016
Current assets:
Cash and cash equivalents	$ 7,104	$ 8,903
Marketable securities	25,202	20,546
Accounts receivable, net of allowances for doubtful accounts of $86 and $94 as of March 31, 2017 and December 31, 2016, respectively	3,415	3,993
Prepaid expenses and other current assets	1,209	959
Total current assets	36,930	34,401
Property and equipment, net	9,462	8,591
Intangible assets, net	2,360	2,535
Goodwill	18,126	18,122
Other assets	1,836	1,312
Total assets	68,714	64,961
Current liabilities:
Accounts payable	170	302
Partners payable	278	280
Accrued expenses and other current liabilities	2,400	2,203
Deferred revenue and deposits	80	90
Total current liabilities	2,928	2,875
Other liabilities	3,598	2,892
Total liabilities	6,526	5,767
Stockholders' equity:
Common stock, $0.000006 par value; 5,000 million Class A shares authorized, 2,364 million and 2,354 million shares issued and outstanding, including 3 million and 4 million outstanding shares subject to repurchase, as of March 31, 2017 and December 31, 2016, respectively; 4,141 million Class B shares authorized, 534 million and 538 million shares issued and outstanding, including 2 million outstanding shares subject to repurchase, as of March 31, 2017 and December 31, 2016	0	0
Additional paid-in capital	38,639	38,227
Accumulated other comprehensive loss	(626)	(703)
Retained earnings	24,175	21,670
Total stockholders' equity	62,188	59,194
Total liabilities and stockholders' equity	$ 68,714	$ 64,961

CONDENSED CONSOLIDATED BALANCE3

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Millions	Mar. 31, 2017	Dec. 31, 2016
Current assets:
Accounts receivable, allowances for doubtful accounts	$ 86	$ 94
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	2,364,000,000	2,354,000,000
Common stock, shares outstanding	2,364,000,000	2,354,000,000
Common stock, outstanding shares subject to repurchase	3,000,000	4,000,000
Class B Common Stock
Stockholders' equity:
Common stock, shares authorized	4,141,000,000	4,141,000,000
Common stock, shares issued	534,000,000	538,000,000
Common stock, shares outstanding	534,000,000	538,000,000
Common stock, outstanding shares subject to repurchase	2,000,000	2,000,000

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Revenue	$ 8,032	$ 5,382
Costs and expenses:
Cost of revenue	1,159	838
Research and development	1,834	1,343
Marketing and sales	1,057	826
General and administrative	655	365
Total costs and expenses	4,705	3,372
Income from operations	3,327	2,010
Interest and other income, net	81	56
Income before provision for income taxes	3,408	2,066
Provision for income taxes	344	328
Net income	3,064	1,738
Less: Net income attributable to participating securities	5	6
Net income attributable to Class A and Class B common stockholders	$ 3,059	$ 1,732
Earnings per share attributable to Class A and Class B common stockholders:
Basic (in dollars per share)	$ 1.06	$ 0.61
Diluted (in dollars per share)	$ 1.04	$ 0.60
Weighted average shares used to compute earnings per share attributable to Class A and Class B common stockholders:
Basic (in shares)	2,891	2,843
Diluted (in shares)	2,944	2,905
Share-based compensation expense included in costs and expenses:
Share-based compensation expense	$ 867	$ 746
Cost of revenue
Share-based compensation expense included in costs and expenses:
Share-based compensation expense	34	22
Research and development
Share-based compensation expense included in costs and expenses:
Share-based compensation expense	670	586
Marketing and sales
Share-based compensation expense included in costs and expenses:
Share-based compensation expense	96	82
General and administrative
Share-based compensation expense included in costs and expenses:
Share-based compensation expense	$ 67	$ 56

CONDENSED CONSOLIDATED STATEME5

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Statement of Comprehensive Income [Abstract]
Net income	$ 3,064	$ 1,738
Other comprehensive income:
Change in foreign currency translation adjustment, net of tax	60	137
Change in unrealized gain/loss on available-for-sale investments and other, net of tax	17	42
Comprehensive income	$ 3,141	$ 1,917

CONDENSED CONSOLIDATED STATEME6

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Cash flows from operating activities
Net income	$ 3,064	$ 1,738
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	671	552
Share-based compensation	867	746
Deferred income taxes	(84)	(77)
Other	5	13
Changes in assets and liabilities:
Accounts receivable	609	267
Prepaid expenses and other current assets	(365)	(107)
Other assets	31	15
Accounts payable	(10)	2
Partners payable	(3)	(3)
Accrued expenses and other current liabilities	61	(18)
Deferred revenue and deposits	(10)	(2)
Other liabilities	222	351
Net cash provided by operating activities	5,058	3,477
Cash flows from investing activities
Purchases of property and equipment	(1,271)	(1,132)
Purchases of marketable securities	(6,992)	(3,126)
Sales of marketable securities	1,762	2,013
Maturities of marketable securities	599	537
Acquisitions of businesses, net of cash acquired, and purchases of intangible assets	0	(1)
Change in restricted cash and deposits	11	33
Net cash used in investing activities	(5,891)	(1,676)
Cash flows from financing activities
Taxes paid related to net share settlement of equity awards	(771)	0
Principal payments on capital lease and other financing obligations	0	(312)
Repurchases of Class A common stock	(228)	0
Other financing activities, net	7	2
Net cash used in financing activities	(992)	(310)
Effect of exchange rate changes on cash and cash equivalents	26	58
Net (decrease) increase in cash and cash equivalents	(1,799)	1,549
Cash and cash equivalents at beginning of period	8,903	4,907
Cash and cash equivalents at end of period	7,104	6,456
Cash paid during the period for:
Interest	0	11
Income taxes, net	664	170
Non-cash investing activities:
Net change in accounts payable, accrued expenses and other current liabilities, and other liabilities related to property and equipment additions	$ (26)	$ 52

Summary of Significant Accounti

Summary of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2017
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, 2016 . The condensed consolidated balance sheet as of December 31, 2016 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, 2017 . 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, 2016 that have had a material impact on our condensed consolidated financial statements and related notes. In the fourth quarter of 2016, we elected to early adopt Accounting Standards Update No. 2016-09, Compensation - Stock Compensation (Topic 718): Improvement to Employee Share-based Payment Accounting (ASU 2016-09). We are required to reflect any adoption adjustments as of January 1, 2016, the beginning of the annual period that includes the interim period of adoption. As such, our condensed consolidated statements of income, statements of comprehensive income and statements of cash flows for the three months ended March 31, 2016, had been adjusted to include the impact of ASU 2016-09 adoption. See "Note 1—Summary of Significant Accounting Policies" in the notes to our consolidated financial statements in our Annual Report on Form 10-K for the fiscal year ended December 31, 2016 for detailed adoption information. 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 Accounting Pronouncements In May 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers (Topic 606) (ASU 2014-09), which amends the existing accounting standards for revenue recognition. In August 2015, the FASB issued ASU No. 2015-14, Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date , which delays the effective date of ASU 2014-09 by one year. The FASB also agreed to allow entities to choose to adopt the standard as of the original effective date. 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. The new standard further requires new disclosures about contracts with customers, including the significant judgments the registrant has made when applying the guidance. The new revenue recognition standard will be effective for us in the first quarter of 2018, with the option to adopt it in the first quarter of 2017. We will be adopting the new standard effective January 1, 2018. The new standard also permits two methods of adoption: retrospectively to each prior reporting period presented (full retrospective method), or retrospectively with the cumulative effect of initially applying the guidance recognized at the date of initial application (the modified retrospective method). We currently anticipate adopting the standard using the modified retrospective method. While we are still in the process of completing our analysis on the impact this guidance will have on our consolidated financial statements, related disclosures, and our internal controls over financial reporting, we do not expect the impact to be material. In January 2017, the FASB issued Accounting Standards Update No. 2017-01, Business Combinations (Topic 805): Clarifying the Definition of a Business (ASU 2017-01), which revises the definition of a business and provides new guidance in evaluating when a set of transferred assets and activities is a business. This guidance will be effective for us in the first quarter of 2018 on a prospective basis, and early adoption is permitted. We do not expect the standard to have a material impact on our consolidated financial statements. In January 2017, the FASB issued Accounting Standards Update No. 2017-04, Intangibles - Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment (ASU 2017-04), which eliminates step two from the goodwill impairment test. Under ASU 2017-04, an entity should recognize an impairment charge for the amount by which the carrying amount of a reporting unit exceeds its fair value up to the amount of goodwill allocated to that reporting unit. This guidance will be effective for us in the first quarter of 2020 on a prospective basis, and early adoption is permitted. We do not expect the standard to have a material impact on our consolidated financial statements.

Earnings per Share

Earnings per Share	3 Months Ended
	Mar. 31, 2017
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 months ended March 31, 2017 also included the effect of earn-out shares which issuance was contingent upon 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 months ended March 31, 2016 excluded the effect of these earn-out shares because the milestones were not met as of March 31, 2016 . Certain RSUs were excluded from the EPS calculation because the impact would be anti-dilutive. These excluded RSUs were not material for the three months ended March 31, 2017 and 2016 , respectively. 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, 2017 2016 Class A Class B Class A Class B Basic EPS: Numerator Net income $ 2,497 $ 567 $ 1,404 $ 334 Less: Net income attributable to participating securities 4 1 5 1 Net income attributable to common stockholders $ 2,493 $ 566 $ 1,399 $ 333 Denominator Weighted average shares outstanding 2,359 537 2,303 550 Less: Shares subject to repurchase 3 2 7 3 Number of shares used for basic EPS computation 2,356 535 2,296 547 Basic EPS $ 1.06 $ 1.06 $ 0.61 $ 0.61 Diluted EPS: Numerator Net income attributable to common stockholders $ 2,493 $ 566 $ 1,399 $ 333 Reallocation of net income attributable to participating securities 5 — 6 — Reallocation of net income as a result of conversion of Class B to Class A common stock 566 — 333 — Reallocation of net income to Class B common stock — 2 — 4 Net income attributable to common stockholders for diluted EPS $ 3,064 $ 568 $ 1,738 $ 337 Denominator Number of shares used for basic EPS computation 2,356 535 2,296 547 Conversion of Class B to Class A common stock 535 — 547 — Weighted average effect of dilutive securities: Employee stock options 5 5 8 8 RSUs 44 3 49 7 Shares subject to repurchase 3 1 5 1 Earn-out shares 1 1 — — Number of shares used for diluted EPS computation 2,944 545 2,905 563 Diluted EPS $ 1.04 $ 1.04 $ 0.60 $ 0.60

Cash and Cash Equivalents, and

Cash and Cash Equivalents, and Marketable Securities	3 Months Ended
	Mar. 31, 2017
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, 2017 December 31, 2016 Cash and cash equivalents: Cash $ 1,427 $ 1,364 Money market funds 5,112 5,409 U.S. government securities 296 1,463 U.S. government agency securities 120 667 Corporate debt securities 92 — Certificate of deposits 57 — Total cash and cash equivalents 7,104 8,903 Marketable securities: U.S. government securities 8,881 7,130 U.S. government agency securities 8,941 7,411 Corporate debt securities 7,380 6,005 Total marketable securities 25,202 20,546 Total cash and cash equivalents, and marketable securities $ 32,306 $ 29,449 The gross unrealized gains or losses on our marketable securities as of March 31, 2017 and December 31, 2016 were not significant. In addition, the gross unrealized loss that had been in a continuous loss position for 12 months or longer was not significant as of March 31, 2017 and December 31, 2016 . As of March 31, 2017 , 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, 2017 Due in one year $ 6,495 Due in one to five years 18,707 Total $ 25,202

Fair Value Measurement

Fair Value Measurement	3 Months Ended
	Mar. 31, 2017
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, 2017 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 $ 5,112 $ 5,112 $ — $ — U.S. government securities 296 296 — — U.S. government agency securities 120 120 — — Corporate debt securities 92 — 92 — Certificate of deposits 57 — 57 — Marketable securities: U.S. government securities 8,881 8,881 — — U.S. government agency securities 8,941 8,941 — — Corporate debt securities 7,380 — 7,380 — Total cash equivalents and marketable securities $ 30,879 $ 23,350 $ 7,529 $ — Accrued expenses and other current liabilities: Contingent consideration liability $ 326 $ — $ 326 $ — Fair Value Measurement at Reporting Date Using Description December 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 $ 5,409 $ 5,409 $ — $ — U.S. government securities 1,463 1,463 — — U.S. government agency securities 667 667 — — Marketable securities: U.S. government securities 7,130 7,130 — — U.S. government agency securities 7,411 7,411 — — Corporate debt securities 6,005 — 6,005 — Total cash equivalents and marketable securities $ 28,085 $ 22,080 $ 6,005 $ — Accrued expenses and other current liabilities: Contingent consideration liability $ 242 $ — $ 242 $ — 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 within Level 2 as the valuation inputs are based on quoted market prices and market observable data. During the three months ended March 31, 2017 , we recognized an increase in the fair value of our contingent consideration liability of $84 million , primarily due to the increase in the fair value of our common stock.

Property and Equipment

Property and Equipment	3 Months Ended
	Mar. 31, 2017
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 $ 704 $ 696 Buildings 3,648 3,109 Leasehold improvements 616 531 Network equipment 5,889 5,179 Computer software, office equipment and other 447 398 Construction in progress 1,728 1,890 Total 13,032 11,803 Less: Accumulated depreciation (3,570 ) (3,212 ) Property and equipment, net $ 9,462 $ 8,591 Construction in progress includes costs related to construction of data centers, 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, 2017 and 2016 .

Goodwill and Intangible Assets

Goodwill and Intangible Assets	3 Months Ended
	Mar. 31, 2017
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, 2017 are as follows (in millions): Balance as of December 31, 2016 $ 18,122 Effect of currency translation adjustment 4 Balance as of March 31, 2017 $ 18,126 Intangible assets consist of the following (in millions): March 31, 2017 December 31, 2016 Weighted-Average Remaining Useful Lives (in years) Gross Carrying Amount Accumulated Amortization Net Carrying Amount Gross Carrying Amount Accumulated Amortization Net Carrying Amount Acquired users 4.5 $ 2,056 $ (752 ) $ 1,304 $ 2,056 $ (678 ) $ 1,378 Acquired technology 2.2 931 (566 ) 365 931 (518 ) 413 Acquired patents 6.2 785 (441 ) 344 785 (420 ) 365 Trade names 2.9 629 (321 ) 308 629 (293 ) 336 Other 3.1 162 (123 ) 39 162 (119 ) 43 Total intangible assets 4.2 $ 4,563 $ (2,203 ) $ 2,360 $ 4,563 $ (2,028 ) $ 2,535 Amortization expense of intangible assets was $175 million and $180 million for the three months ended March 31, 2017 and 2016 , respectively. As of March 31, 2017 , expected amortization expense for the unamortized acquired intangible assets for the next five years and thereafter is as follows (in millions): The remainder of 2017 $ 512 2018 619 2019 526 2020 357 2021 265 Thereafter 81 Total $ 2,360

Long-term Debt

Long-term Debt	3 Months Ended
	Mar. 31, 2017
Debt Disclosure [Abstract]
Long-term Debt	Long-term Debt In May 2016, we entered into a five -year senior unsecured revolving credit facility that allows us to borrow up to $2.0 billion . Any amounts outstanding under this facility will be due and payable on May 20, 2021. As of March 31, 2017 , 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, 2017
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, facilities, and data centers with original lease periods expiring between 2017 and 2038 . 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 $74 million and $64 million for the three months ended March 31, 2017 and 2016 , respectively. 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. On April 14, 2017, we filed a motion for summary judgment. Trial is scheduled to begin on October 23, 2017. 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. Trial is scheduled to begin on September 26, 2017. 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 second quarter of 2017. An entity named Social Ranger LLC sued us for alleged violations of the United States antitrust laws in connection with virtual currency services. The complaint was filed in the U.S. District Court for the District of Delaware and seeks treble damages and an injunction. The court denied our motion to dismiss; our motion for summary judgment is pending. We believe this lawsuit is without merit, and we intend to vigorously defend against all claims asserted. Trial is scheduled to begin on June 12, 2017. 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	3 Months Ended
	Mar. 31, 2017
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 a new 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 March 31, 2017, 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 Repurchase Program In November 2016, our board of directors authorized a $6.0 billion share repurchase program of our Class A common stock, beginning in 2017 and which does not have an expiration date. The timing and actual number of shares repurchased depend on a variety of factors, including price, general business and market conditions, and other investment opportunities through open market purchases or privately negotiated transactions, including through the use of trading plans intended to qualify under Rule 10b5-1 under the Exchange Act. During the three months ended March 31, 2017 , we repurchased and subsequently retired approximately 2 million shares of our Class A common stock for an aggregate amount of approximately $228 million . 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 contemplated stock dividend of Class C capital stock 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 2017. The following table summarizes the activities of stock option awards under the Stock Plans for the three months ended March 31, 2017 : 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, 2016 5,687 $ 7.78 Stock options exercised (1,547 ) 5.12 Balance as of March 31, 2017 4,140 $ 8.78 2.9 $ 552 Stock options exercisable as of March 31, 2017 3,122 $ 6.85 2.7 $ 422 (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 $142.05 , as reported on the NASDAQ Global Select Market on March 31, 2017 . The following table summarizes the activities for our unvested RSUs for the three months ended March 31, 2017 : Unvested RSUs (1) Number of Shares Weighted Average Grant Date Fair Value (in thousands) Unvested at December 31, 2016 98,586 $ 82.99 Granted 25,191 139.29 Vested (12,743 ) 76.84 Forfeited (2,194 ) 90.11 Unvested at March 31, 2017 108,840 $ 96.59 (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, 2017 and 2016 was $1.70 billion and $1.45 billion , respectively. As of March 31, 2017 , there was $9.48 billion of unrecognized share-based compensation expense, of which (i) $9.31 billion was related to RSUs, and (ii) $161 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	3 Months Ended
	Mar. 31, 2017
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 effective 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 the proportion of our income (loss) before provision for income taxes in multiple jurisdictions, the tax effects of our share-based compensation, and the effects of acquisitions and the integration of those acquisitions. Our 2017 effective tax rate differs from the U.S. statutory rate primarily due to a portion of our income before provision for income taxes being earned in jurisdictions with tax rates lower than the U.S. statutory rate where we plan to indefinitely reinvest a certain portion of those earnings, as well as the recognition of excess tax benefits from share-based compensation. Our gross unrecognized tax benefits were $3.37 billion and $3.31 billion as of March 31, 2017 and December 31, 2016 , respectively. If the gross unrecognized tax benefits as of March 31, 2017 were realized in a subsequent period, this would result in a tax benefit of $2.64 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. In July 2016, we received a Statutory Notice of Deficiency (Notice) from the IRS related 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 to 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 in excess of the amounts in our originally filed U.S. return, 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. We have previously accrued an estimated unrecognized tax benefit consistent with the guidance in ASC 740 that is lower than the potential additional federal tax liability of $3.0 billion to $5.0 billion in excess of the amounts in our originally filed U.S. return, plus interest and penalties. 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. As of March 31, 2017, we have not resolved this matter and proceedings continue in the United States Tax Court. 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 2011 through 2013 tax years. Our 2014 and subsequent years remain open to examination by the IRS. Our 2012 and subsequent years remain open to examination in Ireland. We believe that adequate amounts have been reserved for any adjustments that may ultimately result from these examinations. 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 amounts within the next 12 months.

Geographical Information

Geographical Information	3 Months Ended
	Mar. 31, 2017
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, 2017 2016 Revenue: United States $ 3,527 $ 2,509 Rest of the world (1) 4,505 2,873 Total revenue $ 8,032 $ 5,382 (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 $ 7,428 $ 6,793 Rest of the world (1) 2,034 1,798 Total property and equipment, net $ 9,462 $ 8,591 (1) No individual country, other than disclosed above, exceeded 10% of our total property and equipment, net for any period presented.

Summary of Significant Accoun18

Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2017
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, 2016 . The condensed consolidated balance sheet as of December 31, 2016 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, 2017 . 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, 2016 that have had a material impact on our condensed consolidated financial statements and related notes. In the fourth quarter of 2016, we elected to early adopt Accounting Standards Update No. 2016-09, Compensation - Stock Compensation (Topic 718): Improvement to Employee Share-based Payment Accounting (ASU 2016-09). We are required to reflect any adoption adjustments as of January 1, 2016, the beginning of the annual period that includes the interim period of adoption. As such, our condensed consolidated statements of income, statements of comprehensive income and statements of cash flows for the three months ended March 31, 2016, had been adjusted to include the impact of ASU 2016-09 adoption. See "Note 1—Summary of Significant Accounting Policies" in the notes to our consolidated financial statements in our Annual Report on Form 10-K for the fiscal year ended December 31, 2016 for detailed adoption information.
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 Accounting Pronouncements	Recently Issued Accounting Pronouncements In May 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers (Topic 606) (ASU 2014-09), which amends the existing accounting standards for revenue recognition. In August 2015, the FASB issued ASU No. 2015-14, Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date , which delays the effective date of ASU 2014-09 by one year. The FASB also agreed to allow entities to choose to adopt the standard as of the original effective date. 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. The new standard further requires new disclosures about contracts with customers, including the significant judgments the registrant has made when applying the guidance. The new revenue recognition standard will be effective for us in the first quarter of 2018, with the option to adopt it in the first quarter of 2017. We will be adopting the new standard effective January 1, 2018. The new standard also permits two methods of adoption: retrospectively to each prior reporting period presented (full retrospective method), or retrospectively with the cumulative effect of initially applying the guidance recognized at the date of initial application (the modified retrospective method). We currently anticipate adopting the standard using the modified retrospective method. While we are still in the process of completing our analysis on the impact this guidance will have on our consolidated financial statements, related disclosures, and our internal controls over financial reporting, we do not expect the impact to be material. In January 2017, the FASB issued Accounting Standards Update No. 2017-01, Business Combinations (Topic 805): Clarifying the Definition of a Business (ASU 2017-01), which revises the definition of a business and provides new guidance in evaluating when a set of transferred assets and activities is a business. This guidance will be effective for us in the first quarter of 2018 on a prospective basis, and early adoption is permitted. We do not expect the standard to have a material impact on our consolidated financial statements. In January 2017, the FASB issued Accounting Standards Update No. 2017-04, Intangibles - Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment (ASU 2017-04), which eliminates step two from the goodwill impairment test. Under ASU 2017-04, an entity should recognize an impairment charge for the amount by which the carrying amount of a reporting unit exceeds its fair value up to the amount of goodwill allocated to that reporting unit. This guidance will be effective for us in the first quarter of 2020 on a prospective basis, and early adoption is permitted. We do not expect the standard to have a material impact on our consolidated financial statements.

Earnings per Share (Tables)

Earnings per Share (Tables)	3 Months Ended
	Mar. 31, 2017
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, 2017 2016 Class A Class B Class A Class B Basic EPS: Numerator Net income $ 2,497 $ 567 $ 1,404 $ 334 Less: Net income attributable to participating securities 4 1 5 1 Net income attributable to common stockholders $ 2,493 $ 566 $ 1,399 $ 333 Denominator Weighted average shares outstanding 2,359 537 2,303 550 Less: Shares subject to repurchase 3 2 7 3 Number of shares used for basic EPS computation 2,356 535 2,296 547 Basic EPS $ 1.06 $ 1.06 $ 0.61 $ 0.61 Diluted EPS: Numerator Net income attributable to common stockholders $ 2,493 $ 566 $ 1,399 $ 333 Reallocation of net income attributable to participating securities 5 — 6 — Reallocation of net income as a result of conversion of Class B to Class A common stock 566 — 333 — Reallocation of net income to Class B common stock — 2 — 4 Net income attributable to common stockholders for diluted EPS $ 3,064 $ 568 $ 1,738 $ 337 Denominator Number of shares used for basic EPS computation 2,356 535 2,296 547 Conversion of Class B to Class A common stock 535 — 547 — Weighted average effect of dilutive securities: Employee stock options 5 5 8 8 RSUs 44 3 49 7 Shares subject to repurchase 3 1 5 1 Earn-out shares 1 1 — — Number of shares used for diluted EPS computation 2,944 545 2,905 563 Diluted EPS $ 1.04 $ 1.04 $ 0.60 $ 0.60

Cash and Cash Equivalents, an20

Cash and Cash Equivalents, and Marketable Securities (Tables)	3 Months Ended
	Mar. 31, 2017
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, 2017 December 31, 2016 Cash and cash equivalents: Cash $ 1,427 $ 1,364 Money market funds 5,112 5,409 U.S. government securities 296 1,463 U.S. government agency securities 120 667 Corporate debt securities 92 — Certificate of deposits 57 — Total cash and cash equivalents 7,104 8,903 Marketable securities: U.S. government securities 8,881 7,130 U.S. government agency securities 8,941 7,411 Corporate debt securities 7,380 6,005 Total marketable securities 25,202 20,546 Total cash and cash equivalents, and marketable securities $ 32,306 $ 29,449
Marketable Securities by Contractual Maturities	The following table classifies our marketable securities by contractual maturities (in millions): March 31, 2017 Due in one year $ 6,495 Due in one to five years 18,707 Total $ 25,202

Fair Value Measurement (Tables)

Fair Value Measurement (Tables)	3 Months Ended
	Mar. 31, 2017
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 March 31, 2017 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 $ 5,112 $ 5,112 $ — $ — U.S. government securities 296 296 — — U.S. government agency securities 120 120 — — Corporate debt securities 92 — 92 — Certificate of deposits 57 — 57 — Marketable securities: U.S. government securities 8,881 8,881 — — U.S. government agency securities 8,941 8,941 — — Corporate debt securities 7,380 — 7,380 — Total cash equivalents and marketable securities $ 30,879 $ 23,350 $ 7,529 $ — Accrued expenses and other current liabilities: Contingent consideration liability $ 326 $ — $ 326 $ — Fair Value Measurement at Reporting Date Using Description December 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 $ 5,409 $ 5,409 $ — $ — U.S. government securities 1,463 1,463 — — U.S. government agency securities 667 667 — — Marketable securities: U.S. government securities 7,130 7,130 — — U.S. government agency securities 7,411 7,411 — — Corporate debt securities 6,005 — 6,005 — Total cash equivalents and marketable securities $ 28,085 $ 22,080 $ 6,005 $ — Accrued expenses and other current liabilities: Contingent consideration liability $ 242 $ — $ 242 $ —

Property and Equipment (Tables)

Property and Equipment (Tables)	3 Months Ended
	Mar. 31, 2017
Property, Plant and Equipment [Abstract]
Property and Equipment	Property and equipment consists of the following (in millions): March 31, December 31, Land $ 704 $ 696 Buildings 3,648 3,109 Leasehold improvements 616 531 Network equipment 5,889 5,179 Computer software, office equipment and other 447 398 Construction in progress 1,728 1,890 Total 13,032 11,803 Less: Accumulated depreciation (3,570 ) (3,212 ) Property and equipment, net $ 9,462 $ 8,591

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	3 Months Ended
	Mar. 31, 2017
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, 2017 are as follows (in millions): Balance as of December 31, 2016 $ 18,122 Effect of currency translation adjustment 4 Balance as of March 31, 2017 $ 18,126
Schedule of Intangible Assets	Intangible assets consist of the following (in millions): March 31, 2017 December 31, 2016 Weighted-Average Remaining Useful Lives (in years) Gross Carrying Amount Accumulated Amortization Net Carrying Amount Gross Carrying Amount Accumulated Amortization Net Carrying Amount Acquired users 4.5 $ 2,056 $ (752 ) $ 1,304 $ 2,056 $ (678 ) $ 1,378 Acquired technology 2.2 931 (566 ) 365 931 (518 ) 413 Acquired patents 6.2 785 (441 ) 344 785 (420 ) 365 Trade names 2.9 629 (321 ) 308 629 (293 ) 336 Other 3.1 162 (123 ) 39 162 (119 ) 43 Total intangible assets 4.2 $ 4,563 $ (2,203 ) $ 2,360 $ 4,563 $ (2,028 ) $ 2,535
Expected Amortization Expense for Unamortized Acquired Intangible Assets	As of March 31, 2017 , expected amortization expense for the unamortized acquired intangible assets for the next five years and thereafter is as follows (in millions): The remainder of 2017 $ 512 2018 619 2019 526 2020 357 2021 265 Thereafter 81 Total $ 2,360

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	3 Months Ended
	Mar. 31, 2017
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, 2017 : 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, 2016 5,687 $ 7.78 Stock options exercised (1,547 ) 5.12 Balance as of March 31, 2017 4,140 $ 8.78 2.9 $ 552 Stock options exercisable as of March 31, 2017 3,122 $ 6.85 2.7 $ 422 (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 $142.05 , as reported on the NASDAQ Global Select Market on March 31, 2017 .
Restricted Stock Units Award Activity	The following table summarizes the activities for our unvested RSUs for the three months ended March 31, 2017 : Unvested RSUs (1) Number of Shares Weighted Average Grant Date Fair Value (in thousands) Unvested at December 31, 2016 98,586 $ 82.99 Granted 25,191 139.29 Vested (12,743 ) 76.84 Forfeited (2,194 ) 90.11 Unvested at March 31, 2017 108,840 $ 96.59 (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, 2017
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, 2017 2016 Revenue: United States $ 3,527 $ 2,509 Rest of the world (1) 4,505 2,873 Total revenue $ 8,032 $ 5,382 (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 $ 7,428 $ 6,793 Rest of the world (1) 2,034 1,798 Total property and equipment, net $ 9,462 $ 8,591 (1) No individual country, other than disclosed above, 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
	Mar. 31, 2017	Mar. 31, 2016
Numerator
Net income	$ 3,064	$ 1,738
Less: Net income attributable to participating securities	5	6
Net income attributable to Class A and Class B common stockholders	$ 3,059	$ 1,732
Denominator
Number of shares used for basic EPS computation (in shares)	2,891	2,843
Basic EPS (in dollars per share)	$ 1.06	$ 0.61
Numerator
Net income attributable to common stockholders	$ 3,059	$ 1,732
Denominator
Number of shares used for basic EPS computation (in shares)	2,891	2,843
Weighted average effect of dilutive securities:
Number of shares used for diluted EPS computation (in shares)	2,944	2,905
Diluted EPS (in dollars per share)	$ 1.04	$ 0.60
Class A Common Stock
Numerator
Net income	$ 2,497	$ 1,404
Less: Net income attributable to participating securities	4	5
Net income attributable to Class A and Class B common stockholders	$ 2,493	$ 1,399
Denominator
Weighted average shares outstanding (in shares)	2,359	2,303
Less: Shares subject to repurchase (in shares)	3	7
Number of shares used for basic EPS computation (in shares)	2,356	2,296
Basic EPS (in dollars per share)	$ 1.06	$ 0.61
Numerator
Net income attributable to common stockholders	$ 2,493	$ 1,399
Reallocation of net income attributable to participating securities	5	6
Reallocation of net income as a result of conversion of Class B to Class A common stock	566	333
Reallocation of net income to Class B common stock	0	0
Net income attributable to common stockholders for diluted EPS	$ 3,064	$ 1,738
Denominator
Number of shares used for basic EPS computation (in shares)	2,356	2,296
Conversion of Class B to Class A common stock (in shares)	535	547
Weighted average effect of dilutive securities:
Shares subject to repurchase (in shares)	3	5
Earn-out shares (in shares)	1	0
Number of shares used for diluted EPS computation (in shares)	2,944	2,905
Diluted EPS (in dollars per share)	$ 1.04	$ 0.60
Class A Common Stock | Employee Stock Options
Weighted average effect of dilutive securities:
Share based payment arrangements (in shares)	5	8
Class A Common Stock | Restricted Stock Units (RSUs)
Weighted average effect of dilutive securities:
Share based payment arrangements (in shares)	44	49
Class B Common Stock
Numerator
Net income	$ 567	$ 334
Less: Net income attributable to participating securities	1	1
Net income attributable to Class A and Class B common stockholders	$ 566	$ 333
Denominator
Weighted average shares outstanding (in shares)	537	550
Less: Shares subject to repurchase (in shares)	2	3
Number of shares used for basic EPS computation (in shares)	535	547
Basic EPS (in dollars per share)	$ 1.06	$ 0.61
Numerator
Net income attributable to common stockholders	$ 566	$ 333
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	4
Net income attributable to common stockholders for diluted EPS	$ 568	$ 337
Denominator
Number of shares used for basic EPS computation (in shares)	535	547
Conversion of Class B to Class A common stock (in shares)	0	0
Weighted average effect of dilutive securities:
Shares subject to repurchase (in shares)	1	1
Earn-out shares (in shares)	1	0
Number of shares used for diluted EPS computation (in shares)	545	563
Diluted EPS (in dollars per share)	$ 1.04	$ 0.60
Class B Common Stock | Employee Stock Options
Weighted average effect of dilutive securities:
Share based payment arrangements (in shares)	5	8
Class B Common Stock | Restricted Stock Units (RSUs)
Weighted average effect of dilutive securities:
Share based payment arrangements (in shares)	3	7

Cash and Cash Equivalents, an27

Cash and Cash Equivalents, and Marketable Securities (Details) - USD ($) $ in Millions	Mar. 31, 2017	Dec. 31, 2016	Mar. 31, 2016	Dec. 31, 2015
Cash and Cash Equivalents, and Marketable Securities
Cash and cash equivalents	$ 7,104	$ 8,903	$ 6,456	$ 4,907
Marketable securities	25,202	20,546
Total cash and cash equivalents, and marketable securities	32,306	29,449
U.S. government securities
Cash and Cash Equivalents, and Marketable Securities
Marketable securities	8,881	7,130
U.S. government agency securities
Cash and Cash Equivalents, and Marketable Securities
Marketable securities	8,941	7,411
Corporate debt securities
Cash and Cash Equivalents, and Marketable Securities
Marketable securities	7,380	6,005
Cash
Cash and Cash Equivalents, and Marketable Securities
Cash and cash equivalents	1,427	1,364
Money market funds
Cash and Cash Equivalents, and Marketable Securities
Cash and cash equivalents	5,112	5,409
U.S. government securities
Cash and Cash Equivalents, and Marketable Securities
Cash and cash equivalents	296	1,463
U.S. government agency securities
Cash and Cash Equivalents, and Marketable Securities
Cash and cash equivalents	120	667
Corporate debt securities
Cash and Cash Equivalents, and Marketable Securities
Cash and cash equivalents	92	0
Certificate of deposits
Cash and Cash Equivalents, and Marketable Securities
Cash and cash equivalents	$ 57	$ 0

Cash and Cash Equivalents, an28

Cash and Cash Equivalents, and Marketable Securities - Contractual Maturities of Marketable Debt Securities (Details) - USD ($) $ in Millions	Mar. 31, 2017	Dec. 31, 2016
Contractual Maturities of Marketable Securities
Due in one year	$ 6,495
Due in one to five years	18,707
Total marketable securities	$ 25,202	$ 20,546

Fair Value Measurement (Details

Fair Value Measurement (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Marketable securities	$ 25,202	$ 20,546
Change in fair value of contingent consideration liability	84
U.S. government securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Marketable securities	8,881	7,130
U.S. government agency securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Marketable securities	8,941	7,411
Corporate debt securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Marketable securities	7,380	6,005
Fair Value, Measurements, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Total cash equivalents and marketable securities	30,879	28,085
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	23,350	22,080
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	7,529	6,005
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
Fair Value, Measurements, Recurring | Accrued Expenses and Other Current Liabilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Contingent consideration liability	326	242
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	326	242
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 | U.S. government securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Marketable securities	8,881	7,130
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	8,881	7,130
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	8,941	7,411
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	8,941	7,411
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	7,380	6,005
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	7,380	6,005
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	5,112	5,409
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	5,112	5,409
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	296	1,463
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	296	1,463
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
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
Fair Value, Measurements, Recurring | U.S. government agency securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Cash equivalents	120	667
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	120	667
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
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
Fair Value, Measurements, Recurring | Corporate debt securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Cash equivalents	92
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	92
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
Fair Value, Measurements, Recurring | Certificate of deposits
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Cash equivalents	57
Fair Value, Measurements, Recurring | Certificate of deposits | 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 | Certificate of deposits | Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Cash equivalents	57
Fair Value, Measurements, Recurring | Certificate of deposits | 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, 2017	Mar. 31, 2016	Dec. 31, 2016
Property, Plant and Equipment
Property and equipment, gross	$ 13,032,000,000		$ 11,803,000,000
Less: Accumulated depreciation	(3,570,000,000)		(3,212,000,000)
Property and equipment, net	9,462,000,000		8,591,000,000
Interest costs capitalized	0	$ 0
Land
Property, Plant and Equipment
Property and equipment, gross	704,000,000		696,000,000
Buildings
Property, Plant and Equipment
Property and equipment, gross	3,648,000,000		3,109,000,000
Leasehold improvements
Property, Plant and Equipment
Property and equipment, gross	616,000,000		531,000,000
Network equipment
Property, Plant and Equipment
Property and equipment, gross	5,889,000,000		5,179,000,000
Computer software, office equipment and other
Property, Plant and Equipment
Property and equipment, gross	447,000,000		398,000,000
Construction in progress
Property, Plant and Equipment
Property and equipment, gross	$ 1,728,000,000		$ 1,890,000,000

Goodwill and Intangible Asset31

Goodwill and Intangible Assets - Change in Carrying Amount (Details) $ in Millions	3 Months Ended
	Mar. 31, 2017USD ($)
Goodwill
Goodwill beginning	$ 18,122
Effect of currency translation adjustment	4
Goodwill ending	$ 18,126

Goodwill and Intangible Asset32

Goodwill and Intangible Assets - Intangible Assets (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization expense	$ 175	$ 180
Finite-Lived Intangible Assets [Line Items]
Weighted Average Remaining Useful Life (in years)	4 years 2 months 12 days
Gross Carrying Amount	$ 4,563		$ 4,563
Accumulated Amortization	(2,203)		(2,028)
Net Carrying Amount	$ 2,360		2,535
Acquired users
Finite-Lived Intangible Assets [Line Items]
Weighted Average Remaining Useful Life (in years)	4 years 6 months
Gross Carrying Amount	$ 2,056		2,056
Accumulated Amortization	(752)		(678)
Net Carrying Amount	$ 1,304		1,378
Acquired technology
Finite-Lived Intangible Assets [Line Items]
Weighted Average Remaining Useful Life (in years)	2 years 2 months 12 days
Gross Carrying Amount	$ 931		931
Accumulated Amortization	(566)		(518)
Net Carrying Amount	$ 365		413
Acquired patents
Finite-Lived Intangible Assets [Line Items]
Weighted Average Remaining Useful Life (in years)	6 years 2 months 12 days
Gross Carrying Amount	$ 785		785
Accumulated Amortization	(441)		(420)
Net Carrying Amount	$ 344		365
Trade names
Finite-Lived Intangible Assets [Line Items]
Weighted Average Remaining Useful Life (in years)	2 years 10 months 25 days
Gross Carrying Amount	$ 629		629
Accumulated Amortization	(321)		(293)
Net Carrying Amount	$ 308		336
Other
Finite-Lived Intangible Assets [Line Items]
Weighted Average Remaining Useful Life (in years)	3 years 1 month 6 days
Gross Carrying Amount	$ 162		162
Accumulated Amortization	(123)		(119)
Net Carrying Amount	$ 39		$ 43

Goodwill and Intangible Asset33

Goodwill and Intangible Assets - Estimated Amortization Expense (Details) - USD ($) $ in Millions	Mar. 31, 2017	Dec. 31, 2016
Finite-Lived Intangible Assets, Amortization Expense, Maturity Schedule [Abstract]
The remainder of 2017	$ 512
2,018	619
2,019	526
2,020	357
2,021	265
Thereafter	81
Net Carrying Amount	$ 2,360	$ 2,535

Long-term Debt (Details)

Long-term Debt (Details) - Revolving Credit Facility - 2016 Facility - USD ($)	1 Months Ended
	May 31, 2016	Mar. 31, 2017
Debt Instrument
Term period (in years)	5 years
Maximum borrowing capacity	$ 2,000,000,000
Amount outstanding		$ 0

Commitments and Contingencies (

Commitments and Contingencies (Details) - USD ($) $ in Millions	Apr. 27, 2016	Mar. 31, 2017	Mar. 31, 2016
Leases [Abstract]
Operating lease expense		$ 74	$ 64
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		2,017
Maximum
Leases [Abstract]
Lease expiration year		2,038

Stockholders' Equity - Share Re

Stockholders' Equity - Share Repurchase Program (Details) - Class A Common Stock - USD ($) shares in Millions	3 Months Ended
	Mar. 31, 2017	Nov. 30, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share repurchase program, authorized amount		$ 6,000,000,000
Shares repurchased and retired (in shares)	2
Shares repurchased and retired	$ 228,000,000

Stockholders' Equity - Share-ba

Stockholders' Equity - Share-based Compensation Plans (Detail)	3 Months Ended
	Mar. 31, 2017planshares
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
Equity incentive plan shares authorized | shares	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	3 Months Ended
	Mar. 31, 2017USD ($)$ / sharesshares
Class A Common Stock
Aggregate Intrinsic Value
Common stock, closing share price (in usd per share)	$ 142.05
Employee Stock Options
Number of Shares
Beginning balance (in shares) | shares	5,687
Stock options exercised (in shares) | shares	(1,547)
Ending balance (in shares) | shares	4,140
Stock options exercisable as of period end (in shares) | shares	3,122
Weighted Average Exercise Price
Beginning balance (in dollars per share)	$ 7.78
Stock options exercised (in dollars per share)	5.12
Ending balance (in dollars per share)	8.78
Stock options exercisable as of period end (in dollars per share)	$ 6.85
Weighted Average Remaining Contractual Term
Balance at period end	2 years 10 months 25 days
Stock options exercisable as of period end	2 years 8 months 12 days
Aggregate Intrinsic Value
Balance at period end | $	$ 552	[1]
Stock options exercisable as of period end | $	$ 422	[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 $142.05, as reported on the NASDAQ Global Select Market on March 31, 2017.

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, 2017	Mar. 31, 2016
Number of Shares
Unvested at beginning of period (in shares)	[1]	98,586
Granted (in shares)	[1]	25,191
Vested (in shares)	[1]	(12,743)
Forfeited (in shares)	[1]	(2,194)
Unvested at end of period (in shares)	[1]	108,840
Weighted Average Grant Date Fair Value
Unvested at beginning of period (in dollars per share)	[1]	$ 82.99
Granted (in dollars per share)	[1]	139.29
Vested (in dollars per share)	[1]	76.84
Forfeited (in dollars per share)	[1]	90.11
Unvested at end of period (in dollars per share)	[1]	$ 96.59
Fair value of vested RSUs		$ 1,700	$ 1,450
[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) - USD ($) $ in Millions	Apr. 27, 2016	Mar. 31, 2017
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
Unrecognized share-based compensation expense		$ 9,480
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		$ 9,310
Other Awards
Share-based Compensation Arrangement by Share-based Payment Award
Unrecognized share-based compensation expense		$ 161

Income Tax (Details)

Income Tax (Details) - USD ($) $ in Millions	1 Months Ended
	Jul. 31, 2016	Mar. 31, 2017	Dec. 31, 2016
Income Tax Examination [Line Items]
Unrecognized tax benefits		$ 3,370	$ 3,310
Unrecognized tax benefits that would result in tax benefit if realized		$ 2,640
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
		Mar. 31, 2017	Mar. 31, 2016
Revenue by Geographical Area
Revenue		$ 8,032	$ 5,382
United States
Revenue by Geographical Area
Revenue		3,527	2,509
Rest of the world
Revenue by Geographical Area
Revenue	[1]	$ 4,505	$ 2,873
[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, 2017	Dec. 31, 2016
Long-Lived Assets By Geographical Area
Total property and equipment, net		$ 9,462	$ 8,591
United States
Long-Lived Assets By Geographical Area
Total property and equipment, net		7,428	6,793
Rest of the world
Long-Lived Assets By Geographical Area
Total property and equipment, net	[1]	$ 2,034	$ 1,798
[1]	No individual country, other than disclosed above, exceeded 10% of our total property and equipment, net for any period presented.