Analysis: Deferred Assets and Liabilities, Net

Entity Registrant Name AMAZON COM INC
CIK 0001018724
Accession number 0001018724-14-000006
Link to XBRL instance http://www.sec.gov/Archives/edgar/data/1018724/000101872414000006/amzn-20131231.xml
Fiscal year end --12-31
Fiscal year focus 2013
Fiscal period focus FY
Current balance sheet date 2013-12-31
Current year-to-date income statement start date 2013-01-01
Commentary No total for deferred liabilities
Level 3 Text Block concept us-gaap:ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Deferred income tax assets and liabilities are as follows (in millions):
 
 
December 31,
 
2013
 
2012
Deferred tax assets:
 
 
 
Net operating losses U.S. - Federal/States (1)
$
53

 
$
47

Net operating losses foreign (2)
427

 
289

Accrued liabilities, reserves, & other expenses
590

 
482

Stock-based compensation
396

 
281

Deferred revenue
249

 
129

Assets held for investment
164

 
129

Other items
177

 
133

Tax credits (3)
107

 
12

Total gross deferred tax assets
2,163

 
1,502

Less valuation allowance (4)
(698
)
 
(415
)
Deferred tax assets, net of valuation allowance
1,465

 
1,087

Deferred tax liabilities:
 
 
 
Depreciation & amortization
(1,021
)
 
(698
)
Acquisition related intangible assets
(201
)
 
(274
)
Other items
(16
)
 
(29
)
Net deferred tax assets, net of valuation allowance
$
227

 
$
86

 ___________________
(1)
Excluding $81 million and $9 million of deferred tax assets as of December 31, 2013 and 2012, related to net operating losses that result from excess stock-based compensation and for which any benefit realized will be recorded to stockholders’ equity.
(2)
Excluding $2 million and $2 million of deferred tax assets as of December 31, 2013 and 2012, related to net operating losses that result from excess stock-based compensation and for which any benefit realized will be recorded to stockholders’ equity.
(3)
Excluding $227 million and $146 million of deferred tax assets as of December 31, 2013 and 2012, related to tax credits that result from excess stock-based compensation and for which any benefit realized will be recorded to stockholders’ equity.
(4)
Relates primarily to deferred tax assets that would only be realizable upon the generation of net income in certain foreign taxing jurisdictions and future capital gains.

Level 4 Details Key Concepts: Deferred tax assets (liabilities)

Description Fact value US GAAP XBRL Concept
Deferred tax assets, gross 2,163,000,000 us-gaap:DeferredTaxAssetsGross
Valuation allowance -698,000,000 us-gaap:DeferredTaxAssetsValuationAllowance
Deferred tax assets, net 1,465,000,000 us-gaap:DeferredTaxAssetsNet
Deferred tax liabilities 0
Deferred tax assets (liabilities), net 227,000,000 us-gaap:DeferredTaxAssetsLiabilitiesNet
CHECK -1,238,000,000

*

(Classified balance sheet) Deferred tax assets (liabilities), net components current/noncurrent asset/liability

Description Fact value US GAAP XBRL Concept
Deferred tax assets, net, current 0
Deferred tax assets, net, noncurrent 0
Deferred tax liabilities, net, current 0
Deferred tax liabilities, net, noncurrent -571,000,000
Deferred tax assets (liabilities), net 227,000,000 us-gaap:DeferredTaxAssetsLiabilitiesNet
CHECK 798,000,000

*

(Unclassified balance sheet) Deferred tax assets (liabilities), net components asset/liability

Description Fact value US GAAP XBRL Concept
Deferred tax assets 1,465,000,000
Deferred tax liabilities, net 0
Deferred tax assets (liabilities), net 227,000,000 us-gaap:DeferredTaxAssetsLiabilitiesNet
CHECK -1,238,000,000

*

*

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