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187 | META | 2022 | outside the United States where our protection from liability for third-party actions may be unclear or where we may be less protected under local laws than we are in the United States. For example, in April 2019, the European Union passed a directive (the European Copyright Directive) expanding online platform liabili... | [0.00923849269747734, -0.023859525099396706, 0.0106466393917799, -0.061010900884866714, -0.004629116505384445, 0.01999041438102722, -0.026846902444958687, 0.007580301724374294, -0.0029709255322813988, -0.030031681060791016, 0.0016244678990915418, 0.008751563727855682, -0.012758858501911163, -0.0043231407180428505, 0.01... |
188 | META | 2022 | Payment transactions may subject us to additional regulatory requirements and other risks that could be costly and difficult to comply with or that could harm our business. | [-0.001029064878821373, -0.04744463786482811, 0.012557757087051868, -0.03247411921620369, -0.022379785776138306, 0.009575052186846733, -0.024380920454859734, 0.006449861917644739, 0.01334934588521719, -0.021733850240707397, 0.022379785776138306, 0.0017699915915727615, 0.004341070540249348, -0.018947457894682884, 0.0156... |
189 | META | 2022 | Several of our products offer Payments functionality, including enabling our users to purchase tangible, virtual, and digital goods from merchants and developers that offer applications using our Payments infrastructure, send money to other users, and make donations to certain charitable organizations, among other acti... | [-0.003625939367339015, -0.02023625746369362, -0.0020352366846054792, -0.03890669345855713, -0.03150221332907677, 0.012791968882083893, -0.02143052965402603, 0.00084055116167292, -0.010741803795099258, -0.02847672812640667, 0.013827004469931126, -0.01208204124122858, -0.01654728874564171, -0.01455683633685112, 0.018099... |
190 | META | 2022 | investment of consumer funds used to transact Payments; and additional disclosure and reporting requirements. We have also launched payments functionality on certain of our applications and may in the future undertake additional payments initiatives, including as part of our metaverse efforts, which may subject us to m... | [0.008666365407407284, -0.021165160462260246, -0.005274598486721516, -0.027374498546123505, -0.01607750914990902, 0.012605622410774231, -0.045588552951812744, 0.0005437342915683985, 0.009300652891397476, -0.021819477900862694, 0.027614859864115715, 0.008032077923417091, -0.007511294912546873, -0.01937580294907093, 0.01... |
191 | META | 2022 | Security breaches, improper access to or disclosure of our data or user data, other hacking and phishing attacks on our systems, or other cyber incidents could harm our reputation and adversely affect our business. | [-0.005627595819532871, -0.02163730002939701, 0.02385164238512516, -0.039756957441568375, -0.019562143832445145, 0.02476268634200096, -0.013906077481806278, 0.0073326402343809605, 0.02700233832001686, -0.009281262755393982, 0.01155887357890606, 0.005909133702516556, -0.014943655580282211, -0.0024294510949403048, 0.0041... |
192 | META | 2022 | Our industry is prone to cyber-attacks by third parties seeking unauthorized access to our data or users' data or to disrupt our ability to provide service. Our products and services involve the collection, storage, processing, and transmission of a large amount of data. Any failure to prevent or mitigate security brea... | [-0.012785854749381542, -0.018701301887631416, 0.016154741868376732, -0.037031229585409164, -0.022812936455011368, 0.03575795143842697, -0.01836971938610077, -0.011313624680042267, -0.004778116475790739, -0.03358276188373566, 0.006107765715569258, 0.010265820659697056, -0.011585522443056107, -0.011472784914076328, 0.01... |
193 | META | 2022 | In addition, some of our developers or other partners, such as those that help us measure the effectiveness of ads, may receive or store information provided by us or by our users through mobile or web applications integrated with our products. We provide limited information to such third parties based on the scope of ... | [-0.005402761977165937, 0.00669929338619113, 0.021348457783460617, -0.03991347551345825, -0.024932794272899628, 0.031563159078359604, -0.00039675505831837654, -0.007969565689563751, 0.02241194248199463, -0.021492881700396538, 0.024223804473876953, 0.02817576378583908, -0.0027342045214027166, -0.012400750070810318, -0.0... |
194 | META | 2022 | We experience such cyber-attacks and other security incidents of varying degrees from time to time, and we incur significant costs in protecting against or remediating such incidents. In addition, we are subject to a variety of laws and regulations in the United States and abroad relating to cybersecurity and data prot... | [0.011480364017188549, -0.023563576862215996, 0.0059662507846951485, -0.03247527405619621, -0.02531970664858818, 0.027783527970314026, -0.017666131258010864, 0.006002290640026331, 0.015595471486449242, -0.017692340537905693, 0.027233099564909935, 0.018531089648604393, -0.009049304760992527, -0.010504008270800114, 0.005... |
195 | META | 2022 | For example, in September 2018, we announced our discovery of a third-party cyber-attack that exploited a vulnerability in Facebook's code to steal user access tokens, which were then used to access certain profile information from approximately 29 million user accounts on Facebook. The events surrounding this cyber-at... | [-0.023191381245851517, -0.0024408535100519657, 0.01838820055127144, -0.05028289183974266, -0.02764119580388069, 0.014605858363211155, -0.03298097103834152, -0.012112654745578766, 0.00669435178861022, -0.01808718405663967, 0.03410651162266731, 0.0037528942339122295, 0.0006118493620306253, -0.006471861153841019, 0.01126... |
196 | META | 2022 | We anticipate that our ongoing efforts related to privacy, safety, security, and content review will identify additional instances of misuse of user data or other undesirable activity by third parties on our platform. | [-0.00025385423214174807, -0.023612525314092636, 0.012733524665236473, -0.04221000149846077, -0.01364772580564022, 0.0367509089410305, -0.028157414868474007, 0.0027034252416342497, 0.01161689218133688, -0.013177565298974514, 0.014797008596360683, -0.0028944280929863453, -0.003937597386538982, -0.024996887892484665, 0.0... |
197 | META | 2022 | In addition to our efforts to mitigate cybersecurity risks, we are making significant investments in privacy, safety, security, and content review efforts to combat misuse of our services and user data by third parties, including investigations and audits of platform applications, as well as other enforcement efforts. ... | [-0.004528610501438379, -0.011276992969214916, 0.008372105658054352, -0.05475439503788948, -0.021334482356905937, 0.0403943806886673, -0.0250341035425663, -0.00320633826777339, 0.012893864884972572, -0.02062196284532547, 0.014195583760738373, 0.024814866483211517, -0.012304665520787239, -0.01396949589252472, 0.01212653... |
198 | META | 2022 | Our products and internal systems rely on software and hardware that is highly technical, and any errors, bugs, or vulnerabilities in these systems, or failures to address or mitigate technical limitations in our systems, could adversely affect our business. | [-0.0025308995973318815, -0.0172735545784235, 0.005818425677716732, -0.030767280608415604, -0.006224823649972677, 0.013890211470425129, -0.02976284921169281, -0.005369075573980808, 0.021238410845398903, -0.011352703906595707, 0.006852592341601849, 0.004807387478649616, -0.009991436265408993, -0.024555671960115433, -0.0... |
199 | META | 2022 | Our products and internal systems rely on software and hardware, including software and hardware developed or maintained internally and/or by third parties, that is highly technical and complex. In addition, our products and internal systems depend on the ability of such software and hardware to store, retrieve, proces... | [-0.0025322618894279003, -0.004023219924420118, 0.013307052664458752, -0.032077569514513016, -0.004614869598299265, 0.024152841418981552, -0.015971168875694275, -0.01438892725855112, -0.0038778427988290787, -0.02635716088116169, 0.006437151692807674, 0.010899882763624191, -0.022286608815193176, -0.013070392422378063, -... |
200 | META | 2022 | If we are unable to protect our intellectual property, the value of our brands and other intangible assets may be diminished, and our business may be adversely affected. | [-0.008716123178601265, -0.03532763570547104, 0.009089211001992226, -0.03962458670139313, -0.00849098339676857, 0.028663501143455505, -0.024842558428645134, 0.025061264634132385, 0.039495937526226044, -0.0030763731338083744, 0.003402825677767396, 0.028277546167373657, 0.008928397670388222, -0.012646418996155262, -0.001... |
201 | META | 2022 | We rely and expect to continue to rely on a combination of confidentiality, assignment, and license agreements with our employees, consultants, and third parties with whom we have relationships, as well as trademark, copyright, patent, trade secret, and domain name protection laws, to protect our proprietary rights. In... | [0.006951888091862202, -0.02164130099117756, 0.0036574986297637224, -0.04967331886291504, 0.006611885968595743, 0.03211204707622528, 0.0019277790561318398, 0.011909977532923222, 0.014233875088393688, -0.01654456928372383, 0.006073824595659971, 0.016122043132781982, -0.0029477854259312153, -0.014603586867451668, -0.0160... |
202 | META | 2022 | We are currently, and expect to be in the future, party to patent lawsuits and other intellectual property rights claims that are expensive and time consuming and, if resolved adversely, could have a significant impact on our business, financial condition, or results of operations. | [-0.01580456644296646, -0.023982884362339973, -0.004551355727016926, -0.03787446767091751, -0.013134094886481762, 0.021980030462145805, -0.015047077089548111, 0.029477890580892563, 0.006733952090144157, -0.007305278908461332, 0.0013472718419507146, 0.023174038156867027, 0.014854494482278824, -0.018821684643626213, 0.00... |
203 | META | 2022 | Companies in the internet, technology, and media industries own large numbers of patents, copyrights, trademarks, and trade secrets, and frequently enter into litigation based on allegations of infringement, misappropriation, or other violations of intellectual property or other rights. In addition, various "non-practi... | [0.005687622353434563, -0.01321555394679308, 0.023510616272687912, -0.0437140129506588, -0.011068526655435562, 0.024564126506447792, -0.01354894321411848, 0.015402588061988354, -0.005617610644549131, -0.017389588057994843, 0.011988680809736252, 0.01866980269551277, 0.02057678997516632, 0.0073278979398310184, 0.01416237... |
204 | META | 2022 | From time to time, we receive notice from patent holders and other parties alleging that certain of our products and services, or user content, infringe their intellectual property rights. We presently are involved in a number of intellectual property lawsuits, and as we face increasing competition and develop new prod... | [-0.01739860139787197, -0.012032064609229565, 0.007452794350683689, -0.019091226160526276, -0.021348057314753532, 0.03600434586405754, -0.006616323255002499, 0.01291773933917284, -0.003559103002771735, -0.011579385958611965, 0.002158423652872443, 0.013403221033513546, 0.013645961880683899, -0.004743283614516258, 0.0051... |
205 | META | 2022 | The trading price of our Class A common stock has been and will likely continue to be volatile. | [-0.02616293914616108, -0.01750246062874794, 0.007234350778162479, -0.007221385836601257, -0.02611107937991619, 0.005111366976052523, -0.051392413675785065, 0.025501735508441925, 0.011460871435701847, -0.0035750397946685553, -0.024088572710752487, 0.030363529920578003, 0.019032306969165802, -0.009853237308561802, 0.024... |
206 | META | 2022 | The trading price of our Class A common stock has been, and is likely to continue to be, volatile. Since shares of our Class A common stock were sold in our initial public offering in May 2012 at a price of $38.00 per share, our stock price has ranged from $17.55 to $384.33 through December 31, 2022. In addition to the... | [-0.004965110216289759, -0.010981276631355286, 0.004300945904105902, -0.034046471118927, -0.017835708335042, 0.0033337168861180544, -0.044002484530210495, 0.0203505028039217, -4.625194833351998e-06, 0.006764156743884087, -0.024051766842603683, 0.021201664581894875, 0.00918222963809967, -0.007479906547814608, 0.02679869... |
207 | META | 2022 | •other events or factors, including those resulting from war, incidents of terrorism, pandemics, and other disruptive external events, or responses to these events. | [-0.031378425657749176, -0.026118231937289238, 0.0016837840666994452, -0.010892386548221111, -0.021053826436400414, 0.020466459915041924, -0.011505858041346073, -0.0026072547771036625, -0.012217223644256592, -0.022815927863121033, -0.0005347483092918992, 0.01952667348086834, -0.004202933982014656, 0.0037852509412914515... |
208 | META | 2022 | In addition, the stock markets have experienced extreme price and volume fluctuations that have affected and continue to affect the market prices of equity securities of many technology companies. We are currently subject to securities litigation in connection with our platform and user data practices and the misuse of... | [-0.01769382134079933, -0.035044584423303604, 0.009315314702689648, -0.03950432315468788, -0.014619502238929272, 0.025188295170664787, -0.03813209757208824, 0.013788249343633652, -0.0003741876862477511, -0.013326441869139671, -0.022866062819957733, 0.024423014372587204, 0.01658548228442669, 0.0010819487506523728, 0.009... |
209 | META | 2022 | We do not intend to pay cash dividends for the foreseeable future. | [-0.04046826437115669, -0.035738538950681686, -0.0009484749753028154, -0.006708879955112934, -0.019045377150177956, 0.0023664450272917747, -0.0234842412173748, 0.009276085533201694, 0.014657099731266499, 0.014505344443023205, 0.029213029891252518, 0.02663317695260048, 0.015757331624627113, 0.005694011691957712, 0.00931... |
210 | META | 2022 | We have never declared or paid cash dividends on our capital stock. We currently intend to retain any future earnings to finance the operation and expansion of our business and fund our share repurchase program, and we do not expect to declare or pay any cash dividends in the foreseeable future. As a result, you may on... | [-0.028949135914444923, -0.0170266292989254, -0.00232327776029706, -0.05449552461504936, -0.012663636356592178, 0.01569904200732708, -0.037507563829422, 0.013559435494244099, 0.00523301400244236, 0.009357556700706482, -0.009119107387959957, 0.019398242235183716, 0.014848355203866959, 0.008365089073777199, 0.00220566382... |
211 | META | 2022 | The dual class structure of our common stock and a voting agreement between certain stockholders have the effect of concentrating voting control with our CEO and certain other holders of our Class B common stock; this will limit or preclude your ability to influence corporate matters. | [-0.019620221108198166, -0.019516274333000183, 0.002121192868798971, -0.046984583139419556, -0.04435989260673523, 0.010453290306031704, -0.03297756612300873, 0.0209585539996624, -0.009024002589285374, -0.006932045333087444, -0.016215918585658073, 0.017125464975833893, 0.005012251902371645, 0.019750157371163368, 0.01816... |
212 | META | 2022 | Our Class B common stock has ten votes per share and our Class A common stock has one vote per share. Holders of our Class B common stock, including our founder, Chairman, and CEO, together hold a majority of the combined voting power of our outstanding capital stock, and therefore are able to control the outcome of al... | [0.0014487240696325898, -0.015274181962013245, -0.0054284208454191685, -0.044814739376306534, -0.026203010231256485, 0.006079569458961487, -0.027485674247145653, 0.01503858994692564, -0.01884732022881508, -0.002755111549049616, -0.04287765175104141, 0.018271429464221, -0.006904139649122953, -0.0017309430986642838, 0.02... |
213 | META | 2022 | Transfers by holders of Class B common stock will generally result in those shares converting to Class A common stock, subject to limited exceptions, such as certain transfers effected for estate planning or charitable purposes. The conversion of Class B common stock to Class A common stock will have the effect, over t... | [-0.013459804467856884, -0.009506899863481522, 0.016010921448469162, -0.04089760780334473, -0.020913852378726006, 0.009506899863481522, -0.04384733736515045, 0.02030264586210251, -0.025776920840144157, -0.009473682381212711, -0.016781572252511978, 0.01176570262759924, 0.009035209193825722, 0.01028419379144907, 0.027929... |
214 | META | 2022 | Our status as a "controlled company" could make our Class A common stock less attractive to some investors or otherwise harm our stock price. | [-0.0183817520737648, -0.013590268790721893, 0.003688312601298094, -0.029772326350212097, -0.0371888242661953, 0.012294375337660313, -0.03939516842365265, 0.024761537089943886, 0.013729826547205448, -0.0026632274966686964, -0.0209070835262537, 0.018182383850216866, 0.02000328153371811, -0.0006338249077089131, 0.0206678... |
215 | META | 2022 | Because we qualify as a "controlled company" under the corporate governance rules for Nasdaq-listed companies, we are not required to have a majority of our board of directors be independent, nor are we required to have a compensation committee or an independent nominating function. In the future we could elect not to ... | [-0.019468145444989204, -0.012619953602552414, -0.009694449603557587, -0.05335909500718117, -0.04332124441862106, 0.009060479700565338, -0.031698472797870636, 0.01847756654024124, 0.003952403087168932, -0.0012596840970218182, -0.012725615873932838, 0.0072378176264464855, 0.027049362659454346, 0.0009154584840871394, 0.0... |
216 | META | 2022 | Delaware law and provisions in our certificate of incorporation and bylaws could make a merger, tender offer, or proxy contest difficult, thereby depressing the trading price of our Class A common stock. | [-0.02603667601943016, -0.01411958783864975, 0.006060148123651743, -0.03964497148990631, -0.022287186235189438, 0.01777730882167816, -0.058104004710912704, 0.01617787405848503, -0.011661441996693611, -0.020845074206590652, 0.0003168959228787571, 0.01952095329761505, 0.027898311614990234, 0.013332980684936047, 0.0150372... |
217 | META | 2022 | Our status as a Delaware corporation and the anti-takeover provisions of the Delaware General Corporation Law may discourage, delay, or prevent a change in control by prohibiting us from engaging in a business combination with an interested stockholder for a period of three years after the person becomes an interested ... | [-0.049023937433958054, -0.028568480163812637, 0.0007281770813278854, -0.03708050400018692, -0.028462080284953117, -0.0013250162592157722, -0.02540307119488716, 0.016212746500968933, -0.009077275171875954, -0.00546299060806632, -0.001986693125218153, 0.01686444692313671, 0.010906030423939228, 0.013319987803697586, 0.01... |
218 | META | 2022 | •we currently have a dual class common stock structure, which provides Mr. Zuckerberg with the ability to control the outcome of matters requiring stockholder approval, even if he owns significantly less than a majority of the shares of our outstanding Class A and Class B common stock; | [-0.015747133642435074, 0.005616433452814817, -0.003162956330925226, -0.0423443466424942, -0.02238653600215912, 0.016605107113718987, -0.03796207532286644, 0.01015709899365902, -0.002585473470389843, 0.004487867001444101, -0.024392876774072647, 0.014664765447378159, 0.011140470393002033, 0.004128177650272846, 0.0115298... |
219 | META | 2022 | •certain litigation against us can only be brought in Delaware. | [-0.010338717140257359, -0.007275639567524195, 0.013873548246920109, -0.03359418734908104, -0.03944127634167671, 0.020199036225676537, -0.032982900738716125, 0.0001784649648470804, 0.0033653986174613237, -0.0013023061910644174, 0.016624337062239647, 0.02306942455470562, 0.011807133443653584, -6.0247498367971275e-06, -0... |
220 | META | 2022 | None. | [-0.00039173135883174837, 0.0027664112858474255, 0.03036193549633026, -0.0021589112002402544, 0.0011439616791903973, 0.015677418559789658, -0.005353185348212719, -0.032452259212732315, -0.002665161155164242, -0.026246612891554832, -0.00082959677092731, 0.012156532146036625, -0.0062513709999620914, -0.011333467438817024... |
221 | META | 2022 | Item 7.Management's Discussion and Analysis of Financial Condition and Results of Operations | [-0.021974166855216026, 0.005025550723075867, -0.025424454361200333, -0.03315700963139534, -0.016982262954115868, 0.005227429326623678, -0.02747994475066662, -0.005921768955886364, -0.0011982711730524898, -0.008038434199988842, -0.012424702756106853, 0.03134622424840927, -0.008693009614944458, 0.009268057532608509, -0.... |
222 | META | 2022 | You should read the following discussion of our financial condition and results of operations in conjunction with our consolidated financial statements and the related notes included in Part II, Item 8, "Financial Statements and Supplementary Data" of this Annual Report on Form 10-K. In addition to our historical conso... | [-0.01110837236046791, -0.0071710641495883465, -0.00871371477842331, -0.034596674144268036, -0.007906889542937279, 0.01386448834091425, -0.028632620349526405, 0.013696668669581413, 0.0011424648109823465, -0.0038437163457274437, 0.011231009848415852, 0.04102545976638794, -0.022307109087705612, -0.008958989754319191, 0.0... |
223 | META | 2022 | To supplement our consolidated financial statements, which are prepared and presented in accordance with generally accepted accounting principles in the United States (GAAP), we present revenue on a constant currency basis and free cash flow, which are non-GAAP financial measures. Revenue on a constant currency basis i... | [0.005007564555853605, -0.01280762068927288, -0.0033503377344459295, -0.005085858516395092, 0.020539170131087303, -0.027690036222338676, -0.022809701040387154, -0.009845491498708725, -0.007385749835520983, -0.031213274225592613, 0.024323387071490288, 0.04843799024820328, -0.017329107969999313, -0.004681338556110859, -0... |
224 | META | 2022 | These non-GAAP financial measures are not intended to be considered in isolation or as a substitute for, or superior to, financial information prepared and presented in accordance with GAAP. These measures may be different from non‑GAAP financial measures used by other companies, limiting their usefulness for compariso... | [-0.005558691453188658, -0.007700076326727867, 0.0017134260851889849, -0.015705609694123268, 0.006650066003203392, -0.01704198680818081, -0.008247354999184608, -0.014496507123112679, -0.004715501330792904, -0.03179304301738739, 0.013478315435349941, 0.042305875569581985, -0.01808563433587551, -0.004212769214063883, -0.... |
225 | META | 2022 | Our mission is to give people the power to build community and bring the world closer together. In 2022, we continued to focus on our main revenue growth priorities: (i) helping marketers use our products to connect with consumers and (ii) making our ads more relevant and effective. We also continued to invest in both ... | [-0.014234489761292934, -0.014311851002275944, -0.02723119780421257, -0.01411844789981842, -0.004918892867863178, -0.004196853842586279, -0.009534787386655807, -0.002119378885254264, -0.0011870133457705379, -0.02173854224383831, -0.0006184879457578063, 0.021609606221318245, 0.00019179169612471014, -0.031021904200315475... |
226 | META | 2022 | Our financial results and key community metrics for 2022 are set forth below. Our total revenue for 2022 was $116.61 billion, a decrease of 1% compared to 2021, which reflects a $5.96 billion negative impact from the appreciation of the U.S. dollar relative to other foreign currencies. Revenue on a constant currency ba... | [-0.010153600014746189, -0.006788705941289663, -0.018840787932276726, -0.006860717665404081, 0.01960017904639244, -0.008019445464015007, -0.007679028436541557, -0.01475577987730503, -0.001396856503561139, -0.017557675018906593, 0.015541357919573784, 0.0389384999871254, 0.0056267050094902515, -0.017033956944942474, -0.0... |
227 | META | 2022 | Income from operations for 2022 was $28.94 billion, a decrease of $17.81 billion, or 38%, compared to 2021, mainly due to an increase in payroll and related expenses associated with a 20% increase in employee headcount particularly in engineering and other technical functions and higher operational expenses related to ... | [-0.02070196159183979, -0.023725397884845734, -0.0035911565646529198, -0.023857425898313522, 0.002312137046828866, 0.009783260524272919, -0.021612953394651413, -0.006977669894695282, -0.005277812015265226, -0.005961055867373943, 0.01623942144215107, 0.03084169700741768, -0.00019391585374251008, -0.012912319973111153, 0... |
228 | META | 2022 | We report our financial results for our two reportable segments: Family of Apps (FoA) and Reality Labs (RL). FoA includes Facebook, Instagram, Messenger, WhatsApp, and other services. RL includes our augmented and virtual reality related consumer hardware, software, and content. | [-0.0008746550302021205, 0.010701265186071396, -0.021213963627815247, -0.0020826724357903004, -0.0015413796063512564, -0.005923073273152113, -0.029012618586421013, 0.003438008949160576, -0.0009521028259769082, -0.009778626263141632, -0.0003097912122029811, 0.013179595582187176, -0.011179422028362751, -0.004390953574329... |
229 | META | 2022 | •Net income was $23.20 billion, with diluted earnings per share of $8.59 for the year ended December 31, 2022. | [-0.02515372820198536, -0.02666446380317211, -0.012501328252255917, -0.014767429791390896, 0.0034306261222809553, -0.006039790343493223, -0.02545587532222271, -0.004510171711444855, -0.010109331458806992, -0.002195286098867655, 0.023454152047634125, 0.03416777774691582, 0.005089286714792252, -0.005337928421795368, 0.00... |
230 | META | 2022 | •Capital expenditures, including principal payments on finance leases, were $32.04 billion for the year ended December 31, 2022. | [0.007922631688416004, -0.011868064291775227, -0.004628418013453484, -0.029530387371778488, -0.0013929727720096707, 0.01811976544559002, -0.01925066113471985, -0.013005315326154232, 0.011658404022455215, -0.021957190707325935, 0.03743395954370499, 0.046227000653743744, -0.014282339252531528, 0.013265802524983883, 0.004... |
231 | META | 2022 | •Effective tax rate was 19.5% for the year ended December 31, 2022. | [-0.031051155179739, -0.015371731482446194, -0.00460575008764863, -0.022525548934936523, -0.002081722253933549, -0.0029919748194515705, -0.016102498397231102, -0.026563992723822594, -0.025487074628472328, -0.00950637087225914, 0.04197418689727783, 0.023384518921375275, 0.008820476941764355, -0.003762805135920644, -0.00... |
232 | META | 2022 | •Cash, cash equivalents, and marketable securities were $40.74 billion as of December 31, 2022. | [-0.009993850253522396, -0.02275209315121174, 0.0017436689231544733, -0.0017723320052027702, -0.008082980290055275, -0.009560720063745975, -0.03187331184744835, -0.00869445875287056, -0.011121263727545738, -0.01410222053527832, 0.03235739842057228, 0.020904919132590294, -0.02077752724289894, 0.004799468442797661, 0.013... |
233 | META | 2022 | •Long-term debt was $9.92 billion as of December 31, 2022. | [-0.012672334909439087, -0.024081265553832054, 0.003713645040988922, -0.013616697862744331, -0.006428689695894718, 0.004026305861771107, -0.03532429412007332, 0.018108805641531944, -0.011970442719757557, 0.01481629442423582, 0.0272078737616539, 0.02566371113061905, -0.001031302148476243, 0.0014596156543120742, -0.00084... |
234 | META | 2022 | •Headcount was 86,482 as of December 31, 2022, an increase of 20% year-over-year. Our reported headcount includes a substantial majority of the approximately 11,000 employees impacted by the layoff we announced in November 2022, who will no longer be reflected in our headcount by the end of the first quarter of 2023. | [-0.015617115423083305, -0.01579795964062214, -0.009707413613796234, -0.025718510150909424, -0.01410578191280365, 0.000801685091573745, -0.02769486792385578, 0.01282696146517992, -0.021313682198524475, 0.0015379758551716805, 0.02282501570880413, -0.004307947121560574, -0.008364005014300346, -0.019828183576464653, -0.00... |
235 | META | 2022 | In 2022, we initiated several measures to pursue greater efficiency and to realign our business and strategic priorities. This includes a facilities consolidation strategy to sublease, early terminate, or abandon several office buildings under operating leases, a layoff of approximately 11,000 of our employees across t... | [-0.011945821344852448, -0.01298399455845356, -0.013318668119609356, -0.004825456067919731, -0.00646126177161932, 0.027415966615080833, -0.036609262228012085, 0.01312742568552494, -0.00043242983520030975, 0.0010134141193702817, 0.036991748958826065, 0.03521592542529106, 0.0018782737897709012, 0.001922669354826212, 0.00... |
236 | META | 2022 | Total restructuring charges recorded under our FoA segment were $4.10 billion and RL segment were $515 million. These charges lowered our operating margin by four percentage points and diluted earnings per share (EPS) by $1.34. The impact of severance and other personnel costs recorded in the fourth quarter of 2022 was... | [0.0016197462100535631, -0.013063265942037106, -0.015583785250782967, -0.022941332310438156, -0.0017242195317521691, -0.01840044930577278, -0.013050103560090065, 0.005179239436984062, -0.025007763877511024, -0.006492147222161293, 0.006261812523007393, 0.03461600840091705, 0.004103247541934252, 0.003866331884637475, -0.... |
237 | META | 2022 | See Note 3 — Restructuring in the notes to the consolidated financial statements included in Part II, Item 8, "Financial Statements and Supplementary Data" of this Annual Report on Form 10-K for additional information regarding restructuring charges. | [-0.031514767557382584, 0.0046028150245547295, 0.008369914256036282, -0.030927853658795357, 0.002369987079873681, 0.016382575035095215, -0.030927853658795357, -0.0008580437861382961, 0.002792629413306713, -0.0180667657405138, 0.02274932526051998, 0.018755752593278885, 0.002926599234342575, 0.014494241215288639, 0.00105... |
238 | META | 2022 | •Family daily active people (DAP) was 2.96 billion on average for December 2022, an increase of 5% year-over-year. | [-0.003251669928431511, 0.0075927316211164, 0.0013584387488663197, -0.03290623798966408, -0.01149473525583744, -0.0024461799766868353, -0.017773594707250595, 0.0005463465349748731, -0.011276856996119022, -0.022223595529794693, 0.008081307634711266, 0.03523027524352074, 0.002645901869982481, 0.000982103287242353, -0.004... |
239 | META | 2022 | •Family monthly active people (MAP) was 3.74 billion as of December 31, 2022, an increase of 4% year-over-year. | [-0.014657669700682163, -0.009771780110895634, -0.006718098651617765, -0.028431721031665802, -0.013046366162598133, -0.007049455773085356, -0.015554282814264297, 0.006666121073067188, -0.006646629422903061, -0.025585951283574104, 0.014241849072277546, 0.0088101951405406, -0.008790703490376472, -0.011844384483993053, -0... |
240 | META | 2022 | •Facebook daily active users (DAUs) were 2.00 billion on average for December 2022, an increase of 4% year-over-year. | [-0.018769774585962296, 0.004714698065072298, -1.2592464372573886e-05, -0.026628665626049042, -0.021478421986103058, -0.013009132817387581, -0.034945353865623474, -0.006313816644251347, -0.012837458401918411, -0.02385643497109413, 0.011909143067896366, 0.02295355312526226, 0.006879707798361778, -0.008558304980397224, 0... |
241 | META | 2022 | •Facebook monthly active users (MAUs) were 2.96 billion as of December 31, 2022, an increase of 2% year-over-year. | [-0.01830986887216568, 0.0039978427812457085, 0.00112791801802814, -0.013848327100276947, -0.02136778086423874, -0.0163172148168087, -0.033862605690956116, -0.015991371124982834, -0.009994607418775558, -0.023084722459316254, 0.026142634451389313, 0.011567425914108753, 0.007688641548156738, -0.017432600259780884, 0.0227... |
242 | META | 2022 | •Ad impressions delivered across our Family of Apps increased by 18% year-over-year in 2022, and the average price per ad decreased by 16% year-over-year in 2022. | [-0.01685277372598648, 0.004715149290859699, 0.0015220606001093984, -0.02114045061171055, -0.006279309745877981, -0.0048382095992565155, -0.012875985354185104, -0.022228561341762543, -0.005618670489639044, -0.004012410994619131, 0.01468950416892767, 0.042203180491924286, 0.001154499128460884, -0.023018738254904747, -0.... |
243 | META | 2022 | Substantially all of our revenue is currently generated from advertising on Facebook and Instagram. We rely on targeting and measurement tools that incorporate data signals from user activity on websites and services that we do not control in order to deliver relevant and effective ads to our users. Our advertising rev... | [-0.03369888290762901, -0.020337341353297234, 0.0016390506643801928, -0.02619858644902706, -0.002530694240704179, -0.0005896484944969416, -0.04180235043168068, -0.011584809981286526, -0.00775598781183362, -0.019852181896567345, 0.01793777011334896, 0.020770050585269928, -0.006870900746434927, -0.008870542049407959, -0.... |
244 | META | 2022 | In particular, legislative and regulatory developments such as the General Data Protection Regulation, ePrivacy Directive, and California Privacy Rights Act have impacted our ability to use data signals in our ad products, and we expect these and other developments such as the Digital Markets Act will have further impa... | [-0.028052708134055138, -0.01722206361591816, 0.0153500996530056, -0.04233311489224434, 0.00414506159722805, 0.01742262952029705, -0.016032028943300247, 0.009774322621524334, -0.014400746673345566, -0.03773343190550804, 0.01202736422419548, 0.018158044666051865, -0.010543164797127247, -0.0008908539894036949, -0.0110646... |
245 | META | 2022 | To mitigate these developments, we are working to evolve our advertising systems to improve the performance of our ad products. We are developing privacy enhancing technologies to deliver relevant ads and measurement capabilities while reducing the amount of personal information we process, including by relying more on... | [-0.03435323014855385, -0.00274198898114264, 0.00736814783886075, -0.027665944769978523, -0.004452572204172611, 0.013799266889691353, -0.024632398039102554, -0.0006172424764372408, -0.014143068343400955, -0.024039171636104584, 0.019994443282485008, 0.025845816358923912, 0.009141087532043457, -0.016286775469779968, -0.0... |
246 | META | 2022 | Other global and regional business, macroeconomic, and geopolitical conditions also have had, and we believe will continue to have, an impact on our user growth and engagement and advertising revenue. In particular, we believe advertising budgets have been pressured by factors such as inflation, rising interest rates, ... | [-0.029134036973118782, -0.015658533200621605, -0.0029528194572776556, -0.022908354178071022, 0.005764146335422993, -0.006899457424879074, -0.02837940864264965, -0.005154379643499851, -0.026304181665182114, -0.03282632306218147, 0.007741676177829504, 0.014243606477975845, 0.01751815341413021, -0.02139909751713276, 0.00... |
247 | META | 2022 | The COVID-19 pandemic has also impacted our business and results of operations, with a varied impact on user growth and engagement, as well as the demand for and pricing of our ads from period to period. While we experienced a reduction in advertising demand and a related decline in pricing during the onset of the pand... | [-0.0033065411262214184, -0.030532948672771454, 0.00517573906108737, -0.03149769455194473, -0.00838939007371664, 0.012554751709103584, -0.012287491001188755, -0.0007683755829930305, -0.01348038762807846, -0.01668752171099186, 0.015031806193292141, 0.022867118939757347, -0.00254549877718091, -0.007470272947102785, 0.008... |
248 | META | 2022 | Although we regularly evaluate a variety of sources to understand trends in our advertising revenue, we do not have perfect visibility into the factors driving advertiser spending decisions and our assessments involve complex judgments about what is driving advertising decisions across a large and diversified advertise... | [-0.014293746091425419, -0.020032016560435295, 0.01672147586941719, -0.033832427114248276, -0.0037324721924960613, 0.003527997760102153, -0.02708151936531067, -0.009308461099863052, -0.02780854143202305, -0.025289934128522873, 0.019188152626156807, 0.03419593721628189, 0.002740932861343026, -0.004394580144435167, -0.02... |
249 | META | 2022 | In 2022, we continued to invest based on the following company priorities: (i) continue making progress on the major social issues facing the internet and our company, including privacy, safety, and security; (ii) build new experiences that meaningfully improve people's lives today and set the stage for even bigger imp... | [-0.010997027158737183, -0.03355739638209343, 0.002370616653934121, -0.01250500325113535, -0.008336668834090233, 0.007526707835495472, -0.023534955456852913, 0.007474027574062347, 0.010957516729831696, -0.02313985303044319, 0.010786306113004684, 0.017792794853448868, 0.0025220727548003197, -0.025049516931176186, 0.0199... |
250 | META | 2022 | We anticipate that investments in our data center capacity, servers, network infrastructure, and headcount will continue to drive expense growth in 2023, which will adversely affect our operating margin and profitability. The majority of our investments are directed toward developing our family of apps. In 2022, 82% of... | [0.005020260810852051, -0.005569404922425747, -0.008108348585665226, -0.019375968724489212, 0.0015584502834826708, 0.002274540951475501, -0.027728382498025894, -0.007484629284590483, -0.005752452649176121, -0.010447295382618904, 0.007565984036773443, 0.03538927808403969, -0.005569404922425747, -0.016718383878469467, 0.... |
251 | META | 2022 | The numbers for our key Family metrics, our DAP, MAP, and average revenue per person (ARPP), do not include users on our other products unless they would otherwise qualify as DAP or MAP, respectively, based on their other activities on our Family products. | [-0.009367400780320168, 0.004367372021079063, -0.002707498613744974, -0.051646556705236435, -0.005897993221879005, -0.002603756496682763, 0.007959228940308094, 0.011258567683398724, -0.012761978432536125, -0.02221781387925148, 0.006418404169380665, 0.02829948253929615, -0.017115743830800056, 0.0029830103740096092, -0.0... |
252 | META | 2022 | Trends in the number of people in our community affect our revenue and financial results by influencing the number of ads we are able to show, the value of our ads to marketers, as well as our expenses and capital expenditures. Substantially all of our daily and monthly active people (as defined below) access our Famil... | [0.003204155946150422, 0.000473473482998088, 0.005653414875268936, -0.021815529093146324, -0.01327554788440466, 0.004635800141841173, -0.023212255910038948, 0.00933811068534851, 0.007715248502790928, -0.025713060051202774, -0.007914780639111996, 0.023052629083395004, -0.0007794229895807803, -0.005503765307366848, -0.01... |
253 | META | 2022 | •Daily Active People (DAP). We define a daily active person as a registered and logged-in user of Facebook, Instagram, Messenger, and/or WhatsApp (collectively, our "Family" of products) who visited at least one of these Family products through a mobile device application or using a web or mobile browser on a given day... | [-0.015237404964864254, 0.013417608104646206, 0.015196663327515125, -0.04723323881626129, -0.01970541477203369, -0.003931576386094093, -0.023277105763554573, 0.011102119460701942, 0.00222721416503191, -0.026604345068335533, 0.001512536546215415, 0.020886924117803574, -0.019732575863599777, 0.025775931775569916, -0.0156... |
254 | META | 2022 | Note: We report the numbers of DAP and MAP as specific amounts, but these numbers are estimates of the numbers of unique people using our products and are subject to statistical variances and errors. While we expect the error margin for these estimates to vary from period to period, we estimate that such margin general... | [-0.00496613560244441, 0.005037615075707436, 0.009966309182345867, -0.06660544127225876, -0.01331564225256443, 0.007304541766643524, -0.011082753539085388, 0.011960932053625584, -0.016406286507844925, -0.01493584830313921, 0.009748466312885284, 0.032376889139413834, -0.03531776741147041, 0.016596900299191475, -0.020204... |
255 | META | 2022 | Worldwide DAP increased 5% to 2.96 billion on average during December 2022 from 2.82 billion during December 2021. | [-0.01285445038229227, -0.012894002720713615, 0.011206443421542645, -0.04097603261470795, -0.00970346201211214, -0.001002811943180859, -0.012188655324280262, -0.006770010571926832, -0.02808202989399433, -0.019090507179498672, 0.02560342848300934, 0.029558643698692322, -0.018180806189775467, 0.0055768536403775215, -0.00... |
256 | META | 2022 | •Monthly Active People (MAP). We define a monthly active person as a registered and logged-in user of one or more Family products who visited at least one of these Family products through a mobile device application or using a web or mobile browser in the last 30 days as of the date of measurement. We do not require pe... | [-0.011510373093187809, -0.00016583937394898385, 0.0014072477351874113, -0.04620089754462242, -0.019261443987488747, -0.004616104532033205, -0.018278446048498154, 0.021360278129577637, 0.005047826562076807, -0.031721606850624084, 0.0013217335799708962, 0.00443345308303833, -0.021865060552954674, 0.012174560688436031, -... |
257 | META | 2022 | Note: We report the numbers of DAP and MAP as specific amounts, but these numbers are estimates of the numbers of unique people using our products and are subject to statistical variances and errors. While we expect the error margin for these estimates to vary from period to period, we estimate that such margin general... | [-0.0091940276324749, 0.0015771579928696156, 0.005314134526997805, -0.06689517945051193, -0.012136928737163544, 0.005682842805981636, -0.01523543056100607, 0.016994405537843704, -0.01554663386195898, -0.017346201464533806, 0.006420259363949299, 0.02439563162624836, -0.03572072461247444, 0.011988092213869095, -0.0182527... |
258 | META | 2022 | As of December 31, 2022, we had 3.74 billion MAP, an increase of 4% from 3.59 billion as of December 31, 2021. | [-0.011796737089753151, -0.016261069104075432, -0.009123329073190689, -0.038933128118515015, -0.011673449538648129, 0.006466143298894167, -0.022905657067894936, 0.005285171791911125, -0.01840239204466343, -0.008253823034465313, 0.032600004225969315, 0.004483798518776894, -0.01632595807313919, -0.0041528670117259026, 0.... |
259 | META | 2022 | •Average Revenue Per Person (ARPP). We define ARPP as our total revenue during a given quarter, divided by the average of the number of MAP at the beginning and end of the quarter. While ARPP includes all sources of revenue, the number of MAP used in this calculation only includes users of our Family products as descri... | [-0.002857241313904524, 0.011048444546759129, 0.01000034436583519, -0.038879841566085815, 0.005347313359379768, -0.01698322780430317, 0.00953303836286068, 0.009099111892282963, -0.017250260338187218, -0.03375282883644104, 0.0028872822877019644, 0.03036152571439743, -0.012477065436542034, -0.013471758924424648, -0.01694... |
260 | META | 2022 | Note: Non-advertising revenue includes RL revenue generated from the delivery of consumer hardware products and FoA Other revenue, which consists of net fees we receive from developers using our Payments infrastructure and revenue from various other sources. | [0.009571240283548832, -0.0008086191955953836, -0.015809278935194016, 0.0030855536460876465, 0.005598840769380331, -0.025915974751114845, -0.02592935971915722, 0.007215242832899094, -0.020307093858718872, -0.015113189816474915, 0.02667899616062641, 0.018312526866793633, -0.004273592494428158, -0.009136184118688107, -0.... |
261 | META | 2022 | Our annual worldwide ARPP in 2022, which represents the sum of quarterly ARPP during such period, was $31.79, a decrease of 6% from 2021. | [-0.029575269669294357, -0.0015993430279195309, 0.011619783006608486, -0.03084760345518589, -0.0016293661901727319, -0.011405563913285732, -0.008536321111023426, 0.0037618237547576427, -0.01718948967754841, -0.008782997727394104, 0.008179288357496262, 0.02260340005159378, -0.003907882608473301, -0.016527356579899788, 0... |
262 | META | 2022 | The numbers for our key Facebook metrics, our DAUs, MAUs, and average revenue per user (ARPU), do not include users on Instagram, WhatsApp, or our other products, unless they would otherwise qualify as DAUs or MAUs, respectively, based on their other activities on Facebook. | [-0.028912274166941643, 0.006096236407756805, 0.009550444781780243, -0.04008055478334427, -0.009296027012169361, -0.01461270172148943, -0.013164478354156017, -0.0034803019370883703, -0.01116175577044487, -0.021814676001667976, 0.014338713139295578, 0.028416486456990242, -0.009028562344610691, -0.014169101603329182, -0.... |
263 | META | 2022 | Trends in the number of users affect our revenue and financial results by influencing the number of ads we are able to show, the value of our ads to marketers, as well as our expenses and capital expenditures. Substantially all of our daily and monthly active users (as defined below) access Facebook on mobile devices. | [-0.01785113476216793, -0.003853497328236699, 0.020045841112732887, -0.027561437338590622, -0.00933388527482748, -0.007356096524745226, -0.03843289241194725, -0.0019937383476644754, 0.0008309900877065957, -0.030189981684088707, 0.01136909332126379, 0.02518809214234352, 0.00030484257149510086, -0.006102433893829584, -0.... |
264 | META | 2022 | •Daily Active Users (DAUs). We define a daily active user as a registered and logged-in Facebook user who visited Facebook through our website or a mobile device, or used our Messenger application (and is also a registered Facebook user), on a given day. We view DAUs, and DAUs as a percentage of MAUs, as measures of us... | [-0.021624956279993057, 0.0060997698456048965, 0.005379818845540285, -0.02998695708811283, -0.02661837823688984, -0.0036790166050195694, -0.029273610562086105, 0.009319734759628773, -0.0022077402099967003, -0.02215336076915264, 0.0046565649099648, 0.02524452656507492, 0.0013482571812346578, 0.006694224663078785, -0.005... |
265 | META | 2022 | Note: For purposes of reporting DAUs, MAUs, and ARPU by geographic region, Europe includes all users in Russia and Turkey and Rest of World includes all users in Africa, Latin America, and the Middle East. | [0.011217893101274967, -0.015874497592449188, 0.0029557652305811644, -0.043877825140953064, -0.022448526695370674, 0.009077511727809906, -0.011580994352698326, 0.014944450929760933, -0.015377623960375786, -0.03523985669016838, 0.003576858201995492, 0.009982078336179256, -0.020588433369994164, -0.012460079044103622, -0.... |
266 | META | 2022 | Worldwide DAUs increased 4% to 2.00 billion on average during December 2022 from 1.93 billion during December 2021. Users in India, the Philippines, and Bangladesh represented the top three sources of growth in DAUs during December 2022, relative to the same period in 2021. | [-0.006357995327562094, -0.006036818027496338, -0.0007398543530143797, -0.02973182126879692, -0.027398372069001198, 0.0032166868913918734, -0.02414727210998535, 0.009222370572388172, -0.02117146924138069, -0.02216777391731739, 0.011509938165545464, 0.015940871089696884, -0.0007259257254190743, -0.0022351304069161415, 0... |
267 | META | 2022 | •Monthly Active Users (MAUs). We define a monthly active user as a registered and logged-in Facebook user who visited Facebook through our website or a mobile device, or used our Messenger application (and is also a registered Facebook user), in the last 30 days as of the date of measurement. MAUs are a measure of the ... | [-0.023431433364748955, 0.011414473876357079, 0.0052422755397856236, -0.02005227655172348, -0.025487741455435753, -0.021139370277523994, -0.035729989409446716, -0.0023051605094224215, 0.006525830831378698, -0.020065374672412872, 0.02145371027290821, 0.015782492235302925, -0.004571028519421816, -0.007341150660067797, -0... |
268 | META | 2022 | As of December 31, 2022, we had 2.96 billion MAUs, an increase of 2% from December 31, 2021. Users in India, Nigeria, and Bangladesh represented the top three sources of growth in 2022, relative to the same period in 2021. | [0.0027682369109243155, -0.02308237925171852, -0.00928571168333292, -0.013236096128821373, -0.020141026005148888, -0.0015671286964789033, -0.03339690715074539, 0.0063278693705797195, -0.025074059143662453, -0.018808841705322266, 0.03743302449584007, -0.00754464091733098, 0.009615459479391575, -0.00644657900556922, 0.00... |
269 | META | 2022 | We calculate our revenue by user geography based on our estimate of the geography in which ad impressions are delivered, virtual and digital goods are purchased, or consumer hardware products are shipped. We define ARPU as our total revenue in a given geography during a given quarter, divided by the average of the numb... | [0.009823119267821312, 0.009974649176001549, 0.018618468195199966, -0.03884447365999222, 0.005534151569008827, -0.012537488713860512, -0.017300812527537346, -0.002263072645291686, -0.010567594319581985, -0.04003036394715309, -0.007266868371516466, 0.028303232043981552, -0.0175775196403265, -0.017234928905963898, -0.011... |
270 | META | 2022 | Note: Non-advertising revenue includes RL revenue generated from the delivery of consumer hardware products and FoA Other revenue, which consists of net fees we receive from developers using our Payments infrastructure and revenue from various other sources. | [0.009587832726538181, -0.000779053196310997, -0.015790149569511414, 0.003092795144766569, 0.005586768966168165, -0.025879787281155586, -0.02591993287205696, 0.007165784016251564, -0.02027294598519802, -0.015107694081962109, 0.026669295504689217, 0.018346013501286507, -0.004198440350592136, -0.009132862091064453, -0.00... |
271 | META | 2022 | Our revenue by user geography in the charts above is geographically apportioned based on our estimation of the geographic location of our users when they perform a revenue-generating activity. This allocation differs from our revenue disaggregated by geography disclosure in Note 2 — Revenue in our consolidated financia... | [-0.005021389573812485, -0.013049297034740448, 0.004910856019705534, -0.016257934272289276, 0.001898022135719657, 0.009708019904792309, -0.018342284485697746, 0.0006209627608768642, -0.01136286836117506, -0.04077747464179993, 0.010137522593140602, 0.02981252782046795, -0.012360829859972, -0.009234304539859295, -0.00937... |
272 | META | 2022 | Our annual worldwide ARPU in 2022, which represents the sum of quarterly ARPU during such period, was $39.63, a decrease of 3% from 2021. For 2022, ARPU decreased by 9% in Europe and 4% in United States & Canada, and increased by 4% in Asia-Pacific and 8% in Rest of World. In addition, user growth was mostly in geograp... | [-0.0020662331953644753, -0.007534723728895187, 0.026752792298793793, -0.03853952884674072, 0.003563807811588049, -0.0011639726581051946, -0.004617118276655674, 0.008898211643099785, -0.026494311168789864, -0.020096903666853905, 0.008497565984725952, 0.02327622100710869, -0.007625191938132048, -0.006226162891834974, 0.... |
273 | META | 2022 | Our consolidated financial statements are prepared in accordance with U.S. GAAP. The preparation of these consolidated financial statements requires us to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenue, costs and expenses, and related disclosures. On an ongoing basis, we... | [-0.010291920974850655, -0.016961686313152313, -0.0011826653499156237, -0.02997647039592266, -0.011859441176056862, 0.00016403140034526587, -0.020558862015604973, 0.008362186141312122, -0.004053068347275257, -0.02213262766599655, 0.004565166309475899, 0.023631449788808823, -0.015837568789720535, 0.000771659892052412, -... |
274 | META | 2022 | An accounting policy is deemed to be critical if the nature of the estimates or assumptions is material due to the levels of subjectivity and judgment necessary to account for highly uncertain matters or the susceptibility of such matters to change, and the impact of the estimates and assumptions on our consolidated fi... | [-0.0011336752213537693, -0.004998364951461554, 0.020085535943508148, -0.033699505031108856, 0.008714254945516586, -0.00791846215724945, -0.00791846215724945, 0.014561026357114315, -0.0009988509118556976, -0.026793867349624634, -0.0009256840567104518, 0.021808655932545662, -0.006303858943283558, 0.023913230746984482, -... |
275 | META | 2022 | Gross vs. Net in Revenue Recognition | [-0.0050356388092041016, -0.025717971846461296, 0.028095722198486328, 0.008144480176270008, 0.008226471021771431, -0.010611054487526417, -0.01201857440173626, -0.0037955190055072308, -0.028451018035411835, -0.040257781744003296, 0.033698469400405884, 0.032222624868154526, 0.007823347114026546, 0.003675948129966855, 0.0... |
276 | META | 2022 | For revenue generated from arrangements that involve third parties, there is significant judgment in evaluating whether we are the principal, and report revenue on a gross basis, or the agent, and report revenue on a net basis. In this assessment, we consider if we obtain control of the specified goods or services befo... | [0.026173684746026993, -0.018335925415158272, 0.0072052618488669395, -0.02085287682712078, 0.0019708510953933, 0.01763170026242733, -0.0036026309244334698, 0.007022685371339321, 0.004782859236001968, -0.03440267965197563, -0.005689222831279039, 0.03286381810903549, -0.0013383529148995876, 0.0035048220306634903, 0.00318... |
277 | META | 2022 | For our non-marketable equity securities without readily determinable fair values accounted for using the measurement alternative, determining whether a non-marketable equity security issued by the same issuer is similar to the non-marketable equity security we hold may require judgment in (a) assessment of differences... | [-0.024974275380373, -0.02957233041524887, 0.007312650326639414, -0.023754384368658066, -0.004145622719079256, -0.005972109269350767, -0.03498811647295952, -0.008257731795310974, -0.017708543688058853, -0.020925842225551605, -0.013740543276071548, 0.02438443712890148, -0.01471913792192936, 0.008204109966754913, -0.0118... |
278 | META | 2022 | We are subject to income taxes in the United States and numerous foreign jurisdictions. Significant judgment is required in determining our provision for income taxes and income tax assets and liabilities, including evaluating uncertainties in the application of accounting principles and complex tax laws. | [0.004707611631602049, -0.029882825911045074, 0.0034311306662857533, -0.0414244718849659, 0.012814990244805813, -0.0061785439029335976, -0.014050698839128017, 0.009703763760626316, 0.015280134975910187, -0.01716192625463009, 0.013875065371394157, -0.007508342154324055, -0.010707385838031769, 0.010883019305765629, -0.00... |
279 | META | 2022 | We recognize tax benefits from uncertain tax positions only if we believe that it is more likely than not that the tax position will be sustained on examination by the taxing authorities based on the technical merits of the position. These uncertain tax positions include our estimates for transfer pricing that have bee... | [-0.005094390362501144, -0.03312646970152855, 0.006652446463704109, -0.0361003503203392, 0.0007006403175182641, 0.012373938225209713, -0.023325584828853607, -0.008637189865112305, 0.004761444870382547, -0.004573960788547993, 0.035686593502759933, 0.0009964123601093888, -0.006232223939150572, 0.020080173388123512, -0.01... |
280 | META | 2022 | arms-length prices. Similarly, our estimates related to uncertain tax positions concerning research and development tax credits are based on an assessment of whether our available documentation corroborating the nature of our activities supporting the tax credits will be sufficient. Although we believe that we have ade... | [-0.005484503693878651, -0.020939040929079056, 0.003274600487202406, -0.03785589337348938, 0.018467891961336136, -0.007715766783803701, -0.017666082829236984, 0.002609164919704199, -0.0007825029897503555, 0.007426590193063021, 0.0279712975025177, 0.02068929746747017, -0.021951159462332726, 0.020137231796979904, -0.0151... |
281 | META | 2022 | We are involved in legal proceedings, claims, and regulatory, tax or government inquiries and investigations that arise in the ordinary course of business. Certain of these matters include speculative claims for substantial or indeterminate amounts of damages. Additionally, we are required to comply with various legal ... | [0.001658907043747604, -0.025158716365695, -0.007044177036732435, -0.03131331130862236, -0.01980804093182087, 0.010767245665192604, -0.01950492523610592, 0.006806955207139254, 0.008144623599946499, -0.0065499646589159966, 0.012243294157087803, 0.007861275225877762, 0.0012025840114802122, 0.009930378757417202, 0.0036242... |
282 | META | 2022 | We review the developments in our contingencies that could affect the amount of the provisions that have been previously recorded, and the matters and related reasonably possible losses disclosed. We make adjustments to our provisions and changes to our disclosures accordingly to reflect the merits of our defenses and ... | [0.009710421785712242, -0.017028914764523506, 0.0200052373111248, -0.02383776195347309, 0.0035811003763228655, 0.0025278355460613966, -0.01711045764386654, 0.0009980533504858613, -0.012910988181829453, -0.026270464062690735, 0.017939478158950806, 0.020290637388825417, -0.019434435293078423, 0.01360410451889038, -0.0102... |
283 | META | 2022 | The ultimate outcome of these matters, such as whether the likelihood of loss is remote, reasonably possible, or probable or if and when the reasonably possible range of loss is estimable, is inherently uncertain. Therefore, if one or more of these matters were resolved against us for amounts in excess of management's ... | [-0.01034191157668829, -0.03388682007789612, 0.00496752979233861, -0.028190895915031433, -0.017087778076529503, 0.008891681209206581, -0.0174421314150095, -0.0004790352249983698, -0.009698823094367981, -0.009042610414326191, 0.011949632316827774, 0.03945150598883629, -0.023138057440519333, 0.022219359874725342, -0.0115... |
284 | META | 2022 | We allocate the fair value of purchase consideration to the tangible assets acquired, liabilities assumed, and intangible assets acquired based on their estimated fair values. The excess of the fair value of purchase consideration over the fair values of these identifiable assets and liabilities is recorded as goodwill... | [-0.013609283603727818, -0.009135263971984386, 0.016837291419506073, -0.032848212867975235, -0.019807059317827225, 0.011394869536161423, -0.014125765301287174, -0.0018657889449968934, 0.009942266158759594, -0.015416968613862991, -0.0114142382517457, 0.019187282770872116, -0.026353461667895317, 0.020788375288248062, 0.0... |
285 | META | 2022 | names from a market participant perspective, useful lives, and discount rates. Management's estimates of fair value are based upon assumptions believed to be reasonable, but which are inherently uncertain and unpredictable and, as a result, actual results may differ from estimates. Allocation of purchase consideration ... | [-0.025973981246352196, -0.02052297443151474, 0.014313793741166592, -0.03296747803688049, -0.026326924562454224, 0.004352962132543325, -0.024706000462174416, 0.0033987092319875956, 0.0020016436465084553, -0.02111121267080307, 0.0019085059175267816, 0.02024846337735653, -0.015307263471186161, 0.013169998303055763, -0.01... |
286 | META | 2022 | Goodwill is tested for impairment at the reporting unit level annually or more frequently if events or changes in circumstances would more likely than not reduce the fair value of a reporting unit below its carrying value. We have two reporting units subject to goodwill impairment testing. As of December 31, 2022, no i... | [-0.010636892169713974, -0.022750239819288254, 0.010945022106170654, -0.019848685711622238, 0.0030331513844430447, 0.021838689222931862, -0.0036815074272453785, 0.010720344260334969, -0.009404374286532402, -0.02153055928647518, -0.00998853612691164, 0.02786005660891533, -0.006307029165327549, 0.0025998440105468035, -0.... |
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