Fair Value Measurement (Tables)

12 Months Ended

Dec. 31, 2016

Fair Value Disclosures [Abstract]

Fair Value Disclosure and Measurement

Assets and liabilities measured or disclosed at fair value are summarized below:

			Fair value measurement or disclosure at December 31, 2015 using
	Total fair value at December 31, 2015		Quoted prices in active markets for identical assets (Level 1)		Significant other observable inputs (Level 2)		Significant unobservable inputs (Level 3)		Total losses
	RMB		RMB		RMB		RMB		RMB
	(In thousands)
Fair value disclosure (Notes 2 and 4)
Cash equivalents
Time deposits		678,000				678,000
Money market fund		608,353		608,353
Short-term investments Held-to-maturity investments
Fixed-rate investments		37,134,096				37,134,096
Long-term investments Held-to-maturity investments
Fixed-rate investments		1,806,446				1,806,446
Long-term notes payable		30,714,586		30,714,586
Fair value measurements
Recurring
Short-term investments Available-for-sale investments
Fixed-rate debt investments		6,958,399				6,958,399
Adjustable-rate debt investments		13,325,385				13,325,385
Equity investments		742,618		742,618
Long-term investments Available-for-sale investments
Equity investments		276,965		276,965
Non-recurring
Long-term investments		—		—		—		—		(116,978	)
Total assets measured at fair value		21,303,367		1,019,583		20,283,784		—		(116,978	)

In 2015, the value of a cost method investment was written down to zero, as a result of declining financial performance and a change in the business circumstances of the investee. The corresponding impairment charge incurred was recorded in earnings for the year then ended.

					Fair value measurement or disclosure at December 31, 2016 using
	Total fair value at December 31, 2016				Quoted prices in active markets for identical assets (Level 1)		Significant other observable inputs (Level 2)		Significant unobservable inputs (Level 3)		Total losses
	RMB		US$		RMB		RMB		RMB		RMB			US$
	(In thousands)
Fair value disclosure (Notes 2 and 4)
Cash equivalents
Time deposits		1,674,172		241,131				1,674,172
Money market fund		4,419,206		636,498		4,419,206
Short-term investments Held-to-maturity investments
Fixed-rate investments		41,868,641		6,030,339				41,868,641
Long-term notes payable		33,252,561		4,789,365		33,252,561
Fair value measurements
Recurring
Short-term investments Available-for-sale investments
Fixed-rate debt investments		14,377,856		2,070,842				14,377,856
Adjustable-rate debt investments		14,986,816		2,158,550				14,986,816
Equity investments		28,787		4,146		28,787
Trading securities		7,747,436		1,115,863				7,747,436
Long-term investments Available-for-sale investments
Equity investments		496,512		71,513		496,512
Non-recurring
Long-term investments		—		—		—		—		—		(150,745	)		(21,712	)
Intangible assets												(822	)		(118	)
Total assets measured at fair value		37,637,407		5,420,914		525,299		37,112,108		—		(151,567	)		(21,830	)