FACEBOOK, INC. CONDENSED CONSOLIDATED BALANCE SHEETS ...

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Accounting

FACEBOOK, INC.

CONDENSED CONSOLIDATED BALANCE SHEETS

(In millions)

(Unaudited)

December 31, 2020

December 31, 2019

Assets

Current assets:

Cash and cash equivalents

$

17,576

$

19,079

Marketable securities

44,378

35,776

Accounts receivable, net of allowances of $114 and $92 as of December 31, 2020 and

2019, respectively

11,335

9,518

Prepaid expenses and other current assets

2,381

1,852

Total current assets

75,670

66,225

Equity investments

6,234

86

Property and equipment, net

45,633

35,323

Operating lease right-of-use assets, net

9,348

9,460

Intangible assets, net

623

894

Goodwill

19,050

18,715

Other assets

2,758

2,673

Total assets

$

159,316

$

133,376

How well has the company managed its assets?

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