Amazon.com (AMZN) 10-Q30 Apr 242024 Q1 Quarterly reportFinancial data

Company Profile

Cover

Cover - shares	3 Months Ended
Cover - shares	Mar. 31, 2024	Apr. 24, 2024
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2024
Document Transition Report	false
Entity File Number	000-22513
Entity Registrant Name	AMAZON.COM, INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	91-1646860
Entity Address, Address Line One	410 Terry Avenue North
Entity Address, City or Town	Seattle,
Entity Address, State or Province	WA
Entity Address, Postal Zip Code	98109-5210
City Area Code	206
Local Phone Number	266-1000
Title of 12(b) Security	Common Stock, par value $.01 per share
Trading Symbol	AMZN
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		10,406,627,415
Amendment Flag	false
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q1
Current Fiscal Year End Date	--12-31
Entity Central Index Key	0001018724

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Millions	3 Months Ended		12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2024	Mar. 31, 2023
Statement of Cash Flows [Abstract]
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH, BEGINNING OF PERIOD	$ 73,890	$ 54,253	$ 49,734	$ 36,599
OPERATING ACTIVITIES:
Net income	10,431	3,172	37,684	4,294
Adjustments to reconcile net income to net cash from operating activities:
Depreciation and amortization of property and equipment and capitalized content costs, operating lease assets, and other	11,684	11,123	49,224	43,851
Stock-based compensation	4,961	4,748	24,236	21,119
Non-operating expense (income), net	2,734	534	1,452	8,811
Deferred income taxes	(938)	(472)	(6,342)	(6,619)
Changes in operating assets and liabilities:
Inventories	1,776	371	2,854	393
Accounts receivable, net and other	3,684	4,724	(9,388)	(4,361)
Other assets	(2,701)	(3,203)	(11,763)	(14,499)
Accounts payable	(11,282)	(11,264)	5,455	1,061
Accrued expenses and other	(2,928)	(5,763)	407	(1,418)
Unearned revenue	1,568	818	5,328	1,698
Net cash provided by (used in) operating activities	18,989	4,788	99,147	54,330
INVESTING ACTIVITIES:
Purchases of property and equipment	(14,925)	(14,207)	(53,447)	(62,901)
Proceeds from property and equipment sales and incentives	990	1,137	4,449	5,252
Acquisitions, net of cash acquired, non-marketable investments, and other	(3,354)	(3,513)	(5,680)	(5,488)
Sales and maturities of marketable securities	1,392	1,115	5,904	9,963
Purchases of marketable securities	(1,965)	(338)	(3,115)	(1,139)
Net cash provided by (used in) investing activities	(17,862)	(15,806)	(51,889)	(54,313)
FINANCING ACTIVITIES:
Common stock repurchased	0	0	0	(3,334)
Proceeds from short-term debt, and other	338	12,780	5,687	40,590
Repayments of short-term debt, and other	(404)	(3,603)	(22,478)	(34,926)
Proceeds from long-term debt	0	0	0	21,166
Repayments of long-term debt	(330)	(1,386)	(2,620)	(2,644)
Principal repayments of finance leases	(770)	(1,380)	(3,774)	(6,544)
Principal repayments of financing obligations	(90)	(57)	(304)	(226)
Net cash provided by (used in) financing activities	(1,256)	6,354	(23,489)	14,082
Foreign currency effect on cash, cash equivalents, and restricted cash	(429)	145	(171)	(964)
Net increase (decrease) in cash, cash equivalents, and restricted cash	(558)	(4,519)	23,598	13,135
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH, END OF PERIOD	$ 73,332	$ 49,734	$ 73,332	$ 49,734

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Total net sales	$ 143,313	$ 127,358
Operating expenses:
Cost of sales	72,633	67,791
Fulfillment	22,317	20,905
Technology and infrastructure	20,424	20,450
Sales and marketing	9,662	10,172
General and administrative	2,742	3,043
Other operating expense (income), net	228	223
Total operating expenses	128,006	122,584
Operating income	15,307	4,774
Interest income	993	611
Interest expense	(644)	(823)
Other income (expense), net	(2,673)	(443)
Total non-operating expense	(2,324)	(655)
Income before income taxes	12,983	4,119
Provision for income taxes	(2,467)	(948)
Equity-method investment activity, net of tax	(85)	1
Net income	$ 10,431	$ 3,172
Basic earnings per share (in usd per share)	$ 1	$ 0.31
Diluted earnings per share (in usd per share)	$ 0.98	$ 0.31
Weighted-average shares used in computation of earnings per share:
Basic (in shares)	10,393	10,250
Diluted (in shares)	10,670	10,347
Product
Total net sales	$ 60,915	$ 56,981
Service
Total net sales	$ 82,398	$ 70,377

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Statement of Comprehensive Income [Abstract]
Net income	$ 10,431	$ 3,172
Other comprehensive income (loss):
Foreign currency translation adjustments, net of tax of $(10) and $30	(1,096)	386
Available-for-sale debt securities:
Change in net unrealized gains (losses), net of tax of $(29) and $(158)	536	95
Less: reclassification adjustment for losses (gains) included in “Other income (expense), net,” net of tax of $(10) and $0	1	33
Net change	537	128
Other, net of tax of $0 and $(1)	1	0
Total other comprehensive income (loss)	(558)	514
Comprehensive income	$ 9,873	$ 3,686

Consolidated Statements of Co_2

Consolidated Statements of Comprehensive Income (Parenthetical) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Statement of Comprehensive Income [Abstract]
Foreign currency translation adjustments, tax	$ 30	$ (10)
Unrealized gains (losses), tax	(158)	(29)
Reclassification adjustment for losses (gains) included in “Other income (expense), net,”	0	(10)
Other comprehensive income, other, tax	$ (1)	$ 0

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 72,852	$ 73,387
Marketable securities	12,222	13,393
Inventories	31,147	33,318
Accounts receivable, net and other	47,768	52,253
Total current assets	163,989	172,351
Property and equipment, net	209,950	204,177
Operating leases	73,313	72,513
Goodwill	22,770	22,789
Other assets	60,947	56,024
Total assets	530,969	527,854
Current liabilities:
Accounts payable	73,068	84,981
Accrued expenses and other	63,970	64,709
Unearned revenue	15,927	15,227
Total current liabilities	152,965	164,917
Long-term lease liabilities	77,052	77,297
Long-term debt	57,634	58,314
Other long-term liabilities	26,657	25,451
Commitments and contingencies (Note 4)
Stockholders’ equity:
Preferred stock ($0.01 par value; 500 shares authorized; no shares issued or outstanding)	0	0
Common stock ($0.01 par value; 100,000 shares authorized; 10,898 and 10,918 shares issued; 10,383 and 10,403 shares outstanding)	109	109
Treasury stock, at cost	(7,837)	(7,837)
Additional paid-in capital	103,938	99,025
Accumulated other comprehensive income (loss)	(3,598)	(3,040)
Retained earnings	124,049	113,618
Total stockholders’ equity	216,661	201,875
Total liabilities and stockholders’ equity	$ 530,969	$ 527,854

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Mar. 31, 2024	Dec. 31, 2023
Statement of Financial Position [Abstract]
Preferred stock, par value (in usd per share)	$ 0.01	$ 0.01
Preferred stock, authorized (in shares)	500,000,000	500,000,000
Preferred stock, issued (in shares)	0	0
Preferred stock, outstanding (in shares)	0	0
Common stock, par value (in usd per share)	$ 0.01	$ 0.01
Common stock, authorized (in shares)	100,000,000,000	100,000,000,000
Common stock, issued (in shares)	10,918,000,000	10,898,000,000
Common stock, outstanding (in shares)	10,403,000,000	10,383,000,000

Accounting Policies and Supplem

Accounting Policies and Supplemental Disclosures	3 Months Ended
Accounting Policies and Supplemental Disclosures	Mar. 31, 2024
Accounting Policies [Abstract]
Accounting Policies and Supplemental Disclosures	ACCOUNTING POLICIES AND SUPPLEMENTAL DISCLOSURES Unaudited Interim Financial Information We have prepared the accompanying consolidated financial statements pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”) for interim financial reporting. These consolidated financial statements are unaudited and, in our opinion, include all adjustments, consisting of normal recurring adjustments and accruals necessary for a fair presentation of our consolidated cash flows, operating results, and balance sheets for the periods presented. Operating results for the periods presented are not necessarily indicative of the results that may be expected for 2024 due to seasonal and other factors. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) have been omitted in accordance with the rules and regulations of the SEC. These consolidated financial statements should be read in conjunction with the audited consolidated financial statements and accompanying notes in Item 8 of Part II, “Financial Statements and Supplementary Data,” of our 2023 Annual Report on Form 10-K. Prior Period Reclassifications Certain prior period amounts have been reclassified to conform to the current period presentation. “Other assets” were reclassified out of “Accounts receivable, net and other” on our consolidated statements of cash flows. Principles of Consolidation The consolidated financial statements include the accounts of Amazon.com, Inc. and its consolidated entities (collectively, the “Company”), consisting of its wholly-owned subsidiaries and those entities in which we have a variable interest and of which we are the primary beneficiary, including certain entities in India and certain entities that support our health care services and seller lending financing activities. Intercompany balances and transactions between consolidated entities are eliminated. Use of Estimates The preparation of financial statements in conformity with GAAP requires estimates and assumptions that affect the reported amounts of assets and liabilities, revenues and expenses, and related disclosures of contingent liabilities in the consolidated financial statements and accompanying notes. Estimates are used for, but not limited to, income taxes, useful lives of equipment, commitments and contingencies, valuation of acquired intangibles and goodwill, stock-based compensation forfeiture rates, vendor funding, inventory valuation, collectability of receivables, impairment of property and equipment and operating leases, valuation and impairment of investments, self-insurance liabilities, and viewing patterns of capitalized video content. Actual results could differ materially from these estimates. We review the useful lives of equipment on an ongoing basis, and effective January 1, 2024 we changed our estimate of the useful lives for our servers from five Supplemental Cash Flow Information The following table shows supplemental cash flow information (in millions): Three Months Ended Twelve Months Ended 2023 2024 2023 2024 SUPPLEMENTAL CASH FLOW INFORMATION: Cash paid for interest on debt, net of capitalized interest $ 402 $ 269 $ 1,684 $ 2,475 Cash paid for operating leases 2,467 3,332 8,733 11,318 Cash paid for interest on finance leases 81 74 348 301 Cash paid for interest on financing obligations 59 64 208 201 Cash paid for income taxes, net of refunds 619 458 6,201 11,018 Assets acquired under operating leases 3,626 3,753 20,251 14,179 Property and equipment acquired under finance leases, net of remeasurements and modifications 8 42 517 676 Property and equipment recognized during the construction period of build-to-suit lease arrangements 131 37 1,953 263 Property and equipment derecognized after the construction period of build-to-suit lease arrangements, with the associated leases recognized as operating 720 — 5,845 654 Earnings Per Share Basic earnings per share is calculated using our weighted-average outstanding common shares. Diluted earnings per share is calculated using our weighted-average outstanding common shares including the dilutive effect of stock awards as determined under the treasury stock method. In periods when we have a net loss, stock awards are excluded from our calculation of earnings per share as their inclusion would have an antidilutive effect. The following table shows the calculation of diluted shares (in millions): Three Months Ended 2023 2024 Shares used in computation of basic earnings per share 10,250 10,393 Total dilutive effect of outstanding stock awards 97 277 Shares used in computation of diluted earnings per share 10,347 10,670 Other Income (Expense), Net “Other income (expense), net” is as follows (in millions): Three Months Ended 2023 2024 Marketable equity securities valuation gains (losses) $ (480) $ (2,126) Equity warrant valuation gains (losses) 59 (230) Upward adjustments relating to equity investments in private companies 16 5 Foreign currency gains (losses) 70 (74) Other, net (108) (248) Total other income (expense), net (443) (2,673) Included in “Other income (expense), net” is a marketable equity securities valuation gain (loss) of $(467) million and $(2.0) billion in Q1 2023 and Q1 2024, from our equity investment in Rivian Automotive, Inc. (“Rivian”). As of March 31, 2024, we held 158 million shares of Rivian’s Class A common stock, representing an approximate 16% ownership interest, and an approximate 15% voting interest. We determined that we have the ability to exercise significant influence over Rivian through our equity investment, our commercial arrangement for the purchase of electric vehicles and jointly-owned intellectual property, and one of our employees serving on Rivian’s board of directors. We elected the fair value option to account for our equity investment in Rivian, which is included in “Marketable securities” on our consolidated balance sheets, and had a fair value of $3.7 billion and $1.7 billion as of December 31, 2023 and March 31, 2024. Required summarized financial information of Rivian as disclosed in its most recent SEC filings is as follows (in millions): Twelve Months Ended December 31, 2022 2023 Revenues $ 1,658 $ 4,434 Gross profit (3,123) (2,030) Loss from operations (6,856) (5,739) Net loss (6,752) (5,432) Inventories Inventories, consisting of products available for sale, are primarily accounted for using the first-in, first-out method, and are valued at the lower of cost and net realizable value. This valuation requires us to make judgments, based on currently available information, about the likely method of disposition, such as through sales to individual customers, returns to product vendors, or liquidations, and expected recoverable values of each disposition category. The inventory valuation allowance, representing a write-down of inventory, was $3.0 billion and $2.6 billion as of December 31, 2023 and March 31, 2024. Accounts Receivable, Net and Other Included in “Accounts receivable, net and other” on our consolidated balance sheets are receivables primarily related to customers, vendors, and sellers, as well as prepaid expenses and other current assets. As of December 31, 2023 and March 31, 2024, customer receivables, net, were $34.1 billion and $31.8 billion, vendor receivables, net, were $8.5 billion and $6.7 billion, seller receivables, net, were $1.0 billion and $0.6 billion, and other receivables, net, were $3.3 billion and $3.1 billion. Seller receivables are amounts due from sellers related to our seller lending program, which provides funding to sellers primarily to procure inventory. Prepaid expenses and other current assets were $5.4 billion and $5.6 billion as of December 31, 2023 and March 31, 2024. We estimate losses on receivables based on expected losses, including our historical experience of actual losses. The allowance for doubtful accounts was $1.7 billion as of December 31, 2023 and March 31, 2024. Digital Video and Music Content Unearned Revenue Unearned revenue is recorded when payments are received or due in advance of performing our service obligations and is recognized over the service period. Unearned revenue primarily relates to prepayments of AWS services and Amazon Prime memberships. Our total unearned revenue as of December 31, 2023 was $20.9 billion, of which $6.1 billion was recognized as revenue during the three months ended March 31, 2024. Included in “Other long-term liabilities” on our consolidated balance sheets was $5.7 billion and $6.4 billion of unearned revenue as of December 31, 2023 and March 31, 2024. Additionally, we have performance obligations, primarily related to AWS, associated with commitments in customer contracts for future services that have not yet been recognized in our consolidated financial statements. For contracts with original terms that exceed one year, those commitments not yet recognized were $157.7 billion as of March 31, 2024. The weighted-average remaining life of our long-term contracts is 4.1 years. However, the amount and timing of revenue recognition is largely driven by customer usage, which can extend beyond the original contractual term. Accounting Pronouncements Not Yet Adopted

Financial Instruments

Financial Instruments	3 Months Ended
Financial Instruments	Mar. 31, 2024
Investments, Debt and Equity Securities [Abstract]
Financial Instruments	FINANCIAL INSTRUMENTS Cash, Cash Equivalents, Restricted Cash, and Marketable Securities As of December 31, 2023 and March 31, 2024, our cash, cash equivalents, restricted cash, and marketable securities primarily consisted of cash, AAA-rated money market funds, U.S. and foreign government and agency securities, other investment grade securities, and marketable equity securities. Cash equivalents and marketable securities are recorded at fair value. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. To increase the comparability of fair value measures, the following hierarchy prioritizes the inputs to valuation methodologies used to measure fair value: Level 1— Valuations based on quoted prices for identical assets and liabilities in active markets. Level 2— Valuations based on observable inputs other than quoted prices included in Level 1, such as quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets and liabilities in markets that are not active, or other inputs that are observable or can be corroborated by observable market data. Level 3— Valuations based on unobservable inputs reflecting our own assumptions, consistent with reasonably available assumptions made by other market participants. These valuations require significant judgment. We measure the fair value of money market funds and certain marketable equity securities based on quoted prices in active markets for identical assets or liabilities. Other marketable securities were valued either based on recent trades of securities in inactive markets or based on quoted market prices of similar instruments and other significant inputs derived from or corroborated by observable market data. The following table summarizes, by major security type, our cash, cash equivalents, restricted cash, and marketable securities that are measured at fair value on a recurring basis and are categorized using the fair value hierarchy (in millions): December 31, 2023 March 31, 2024 Total Cost or Gross Gross Total Cash $ 11,706 $ 11,633 $ — $ — $ 11,633 Level 1 securities: Money market funds 39,160 28,676 — — 28,676 Equity securities (1) 4,658 2,575 Level 2 securities: Foreign government and agency securities 505 19 — — 19 U.S. government and agency securities 1,699 2,641 1 (89) 2,553 Corporate debt securities 27,805 38,636 — (146) 38,490 Asset-backed securities 1,646 1,554 — (45) 1,509 Other debt securities 104 102 — (3) 99 $ 87,283 $ 83,261 $ 1 $ (283) $ 85,554 Less: Restricted cash, cash equivalents, and marketable securities (2) (503) (480) Total cash, cash equivalents, and marketable securities $ 86,780 $ 85,074 ___________________ (1) The related unrealized gain (loss) recorded in “Other income (expense), net” was $(479) million and $(2.1) billion in Q1 2023 and Q1 2024. (2) We are required to pledge or otherwise restrict a portion of our cash, cash equivalents, and marketable debt securities primarily as collateral for real estate, amounts due to third-party sellers in certain jurisdictions, debt, and standby and trade letters of credit. We classify cash, cash equivalents, and marketable debt securities with use restrictions of less than twelve months as “Accounts receivable, net and other” and of twelve months or longer as non-current “Other assets” on our consolidated balance sheets. See “Note 4 — Commitments and Contingencies.” The following table summarizes the remaining contractual maturities of our cash equivalents and marketable debt securities as of March 31, 2024 (in millions): Amortized Estimated Due within one year $ 66,539 $ 66,481 Due after one year through five years 3,810 3,652 Due after five years through ten years 404 389 Due after ten years 875 824 Total $ 71,628 $ 71,346 Actual maturities may differ from the contractual maturities because borrowers may have certain prepayment conditions. Non-Marketable Investments We hold equity warrants giving us the right to acquire stock of other companies. As of December 31, 2023 and March 31, 2024, these warrants had a fair value of $2.2 billion and $2.1 billion, with gains and losses recognized in “Other income (expense), net” on our consolidated statements of operations. These warrants are classified as Level 2 and 3 assets. As of December 31, 2023 and March 31, 2024, equity investments not accounted for under the equity-method and without readily determinable fair values had a carrying value of $754 million and $801 million, with adjustments recognized in “Other income (expense), net” on our consolidated statements of operations. In Q3 2023, we invested in a $1.25 billion note from Anthropic, PBC, which is convertible to equity. In Q1 2024, we invested $2.75 billion in a second convertible note. The notes are classified as available for sale and reported at fair value with unrealized gains and losses included in “Accumulated other comprehensive income (loss).” The notes are classified as Level 3 assets. We also have a commercial arrangement primarily for the provision of AWS cloud services, which includes the use of AWS chips. All non-marketable investments are recorded within “Other assets” on our consolidated balance sheets. Consolidated Statements of Cash Flows Reconciliation The following table provides a reconciliation of the amount of cash, cash equivalents, and restricted cash reported within the consolidated balance sheets to the total of the same such amounts shown in the consolidated statements of cash flows (in millions): December 31, 2023 March 31, 2024 Cash and cash equivalents $ 73,387 $ 72,852 Restricted cash included in accounts receivable, net and other 497 474 Restricted cash included in other assets 6 6 Total cash, cash equivalents, and restricted cash shown in the consolidated statements of cash flows $ 73,890 $ 73,332

Leases

Leases	3 Months Ended
Leases	Mar. 31, 2024
Leases [Abstract]
Leases	LEASES We have entered into non-cancellable operating and finance leases for fulfillment network, data center, office, and physical store facilities as well as server and networking equipment, aircraft, and vehicles. Gross assets acquired under finance leases, including those where title transfers at the end of the lease, are recorded in “ Property and equipment, net Lease cost recognized in our consolidated statements of operations is summarized as follows (in millions): Three Months Ended March 31, 2023 2024 Operating lease cost $ 2,512 $ 2,829 Finance lease cost: Amortization of lease assets 1,546 941 Interest on lease liabilities 80 73 Finance lease cost 1,626 1,014 Variable lease cost 518 635 Total lease cost $ 4,656 $ 4,478 Other information about lease amounts recognized in our consolidated financial statements is as follows: December 31, 2023 March 31, 2024 Weighted-average remaining lease term – operating leases 11.3 years 11.2 years Weighted-average remaining lease term – finance leases 11.9 years 12.0 years Weighted-average discount rate – operating leases 3.3 % 3.3 % Weighted-average discount rate – finance leases 2.7 % 2.8 % Our lease liabilities were as follows (in millions): December 31, 2023 Operating Leases Finance Leases Total Gross lease liabilities $ 90,777 $ 14,106 $ 104,883 Less: imputed interest (15,138) (1,997) (17,135) Present value of lease liabilities 75,639 12,109 87,748 Less: current portion of lease liabilities (8,419) (2,032) (10,451) Total long-term lease liabilities $ 67,220 $ 10,077 $ 77,297 March 31, 2024 Operating Leases Finance Leases Total Gross lease liabilities $ 91,419 $ 13,262 $ 104,681 Less: imputed interest (15,400) (2,022) (17,422) Present value of lease liabilities 76,019 11,240 87,259 Less: current portion of lease liabilities (8,581) (1,626) (10,207) Total long-term lease liabilities $ 67,438 $ 9,614 $ 77,052
Leases	LEASES We have entered into non-cancellable operating and finance leases for fulfillment network, data center, office, and physical store facilities as well as server and networking equipment, aircraft, and vehicles. Gross assets acquired under finance leases, including those where title transfers at the end of the lease, are recorded in “ Property and equipment, net Lease cost recognized in our consolidated statements of operations is summarized as follows (in millions): Three Months Ended March 31, 2023 2024 Operating lease cost $ 2,512 $ 2,829 Finance lease cost: Amortization of lease assets 1,546 941 Interest on lease liabilities 80 73 Finance lease cost 1,626 1,014 Variable lease cost 518 635 Total lease cost $ 4,656 $ 4,478 Other information about lease amounts recognized in our consolidated financial statements is as follows: December 31, 2023 March 31, 2024 Weighted-average remaining lease term – operating leases 11.3 years 11.2 years Weighted-average remaining lease term – finance leases 11.9 years 12.0 years Weighted-average discount rate – operating leases 3.3 % 3.3 % Weighted-average discount rate – finance leases 2.7 % 2.8 % Our lease liabilities were as follows (in millions): December 31, 2023 Operating Leases Finance Leases Total Gross lease liabilities $ 90,777 $ 14,106 $ 104,883 Less: imputed interest (15,138) (1,997) (17,135) Present value of lease liabilities 75,639 12,109 87,748 Less: current portion of lease liabilities (8,419) (2,032) (10,451) Total long-term lease liabilities $ 67,220 $ 10,077 $ 77,297 March 31, 2024 Operating Leases Finance Leases Total Gross lease liabilities $ 91,419 $ 13,262 $ 104,681 Less: imputed interest (15,400) (2,022) (17,422) Present value of lease liabilities 76,019 11,240 87,259 Less: current portion of lease liabilities (8,581) (1,626) (10,207) Total long-term lease liabilities $ 67,438 $ 9,614 $ 77,052

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
Commitments and Contingencies	Mar. 31, 2024
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	COMMITMENTS AND CONTINGENCIES Commitments The following summarizes our principal contractual commitments, excluding open orders for purchases that support normal operations and are generally cancellable, as of March 31, 2024 (in millions): Nine Months Ended December 31, Year Ended December 31, 2024 2025 2026 2027 2028 Thereafter Total Long-term debt principal and interest $ 10,335 $ 7,011 $ 4,679 $ 10,403 $ 3,644 $ 60,176 $ 96,248 Operating lease liabilities 8,202 10,276 9,531 8,708 7,908 46,794 91,419 Finance lease liabilities, including interest 1,478 1,460 1,376 1,156 1,024 6,768 13,262 Financing obligations, including interest (1) 319 466 473 481 488 6,330 8,557 Leases not yet commenced 1,692 2,579 2,712 2,759 2,893 24,187 36,822 Unconditional purchase obligations (2) 7,322 8,278 6,336 4,862 2,341 10,730 39,869 Other commitments (3) 2,690 1,634 1,168 767 689 9,436 16,384 Total commitments $ 32,038 $ 31,704 $ 26,275 $ 29,136 $ 18,987 $ 164,421 $ 302,561 ___________________ (1) Includes non-cancellable financing obligations for fulfillment network and data center facilities. Excluding interest, current financing obligations of $271 million and $269 million are recorded within “Accrued expenses and other” and $6.6 billion and $6.5 billion are recorded within “Other long-term liabilities” as of December 31, 2023 and March 31, 2024. The weighted-average remaining term of the financing obligations was 17.0 years and 16.7 years and the weighted-average imputed interest rate was 3.1% as of December 31, 2023 and March 31, 2024. (2) Includes unconditional purchase obligations related to long-term agreements to acquire and license digital media content that are not reflected on the consolidated balance sheets, and certain products offered in our Whole Foods Market stores. For those digital media content agreements with variable terms, we do not estimate the total obligation beyond any minimum quantities and/or pricing as of the reporting date. Purchase obligations associated with renewal provisions solely at the option of the content provider are included to the extent such commitments are fixed or a minimum amount is specified. Renewable energy agreements based on actual generation without a fixed or minimum volume commitment are not included. These agreements also provide the right to receive renewable energy certificates for no additional consideration. (3) Includes asset retirement obligations, liabilities associated with digital media content agreements with initial terms greater than one year, and the estimated timing and amounts of payments for rent and tenant improvements associated with build-to-suit lease arrangements that are under construction. Excludes approximately $5.5 billion of income tax contingencies for which we cannot make a reasonably reliable estimate of the amount and period of payment, if any. Other Contingencies We are disputing claims and denials of refunds or credits, and monitoring or evaluating potential claims, related to various non-income taxes (such as sales, value added, consumption, service, and similar taxes), including in jurisdictions in which we already collect and remit these taxes. These non-income tax controversies typically include (i) the taxability of products and services, including cross-border intercompany transactions, (ii) collection and withholding on transactions with third parties, including as a result of evolving requirements imposed on marketplaces with respect to third-party sellers, and (iii) the adequacy of compliance with reporting obligations, including evolving documentation requirements. Due to the inherent complexity and uncertainty of these matters and the judicial and regulatory processes in certain jurisdictions, the final outcome of any such controversies may be materially different from our expectations. Legal Proceedings The Company is involved from time to time in claims, proceedings, and litigation, including the matters described in Item 8 of Part II, “Financial Statements and Supplementary Data — Note 7 — Commitments and Contingencies — Legal Proceedings” of our 2023 Annual Report on Form 10-K, as supplemented by the following: In May 2018, Rensselaer Polytechnic Institute and CF Dynamic Advances LLC filed a complaint against Amazon.com, Inc. in the United States District Court for the Northern District of New York. The complaint alleged, among other things, that “Alexa Voice Software and Alexa enabled devices” infringe U.S. Patent No. 7,177,798, entitled “Natural Language Interface Using Constrained Intermediate Dictionary of Results.” The complaint sought an injunction, an unspecified amount of damages, enhanced damages , an ongoing royalty, interest, attorneys’ fees, and costs. In March 2023, the plaintiffs alleged in their damages report that in the event of a finding of liability Amazon could be subject to $140 million to $267 million in damages. In March 2024, the district court granted summary judgment ruling that the patent is invalid and dismissed the case. In April 2024, the plaintiffs filed a notice of appeal. We dispute the allegations of wrongdoing and will continue to defend ourselves vigorously in this matter. In December 2018, Kove IO, Inc. filed a complaint against Amazon Web Services, Inc. in the United States District Court for the Northern District of Illinois. The complaint alleged, among other things, that Amazon S3 and DynamoDB infringe U.S. Patent Nos. 7,814,170 and 7,103,640, each entitled “Network Distributed Tracking Wire Transfer Protocol”; and 7,233,978, entitled “Method and Apparatus for Managing Location Information in a Network Separate from the Data to Which the Location Information Pertains.” The complaint sought an unspecified amount of damages, enhanced damages, attorneys’ fees, costs, interest, and injunctive relief. In April 2024, a jury found that Amazon infringed the asserted patents and awarded Kove $525 million in damages. We disagree with the jury’s findings, intend to appeal the jury verdict, and will continue to defend ourselves vigorously in this matter. In addition, we are regularly subject to claims, litigation, and other proceedings, including potential regulatory proceedings, involving patent and other intellectual property matters, taxes, labor and employment, competition and antitrust, privacy and data protection, consumer protection, commercial disputes, goods and services offered by us and by third parties, and other matters. The outcomes of our legal proceedings and other contingencies are inherently unpredictable, subject to significant uncertainties, and could be material to our operating results and cash flows for a particular period. We evaluate, on a regular basis, developments in our legal proceedings and other contingencies that could affect the amount of liability, including amounts in excess of any previous accruals and reasonably possible losses disclosed, and make adjustments and changes to our accruals and disclosures as appropriate. For the matters we disclose that do not include an estimate of the amount of loss or range of losses, such an estimate is not possible or is immaterial, and we may be unable to estimate the possible loss or range of losses that could potentially result from the application of non-monetary remedies. Until the final resolution of such matters, if any of our estimates and assumptions change or prove to have been incorrect, we may experience losses in excess of the amounts recorded, which could have a material effect on our business, consolidated financial position, results of operations, or cash flows. See also “Note 7 — Income Taxes.”

Debt

Debt	3 Months Ended
Debt	Mar. 31, 2024
Debt Disclosure [Abstract]
Debt	DEBT As of March 31, 2024, we had $66.5 billion of unsecured senior notes outstanding (the “Notes”) and $352 million of borrowings under our secured revolving credit facility. Our total long-term debt obligations are as follows (in millions): Maturities (1) Stated Interest Rates Effective Interest Rates December 31, 2023 March 31, 2024 2014 Notes issuance of $6.0 billion 2024 - 2044 3.80% - 4.95% 3.90% - 5.12% 4,000 4,000 2017 Notes issuance of $17.0 billion 2024 - 2057 2.80% - 5.20% 2.95% - 4.33% 15,000 15,000 2020 Notes issuance of $10.0 billion 2025 - 2060 0.80% - 2.70% 0.88% - 2.77% 9,000 9,000 2021 Notes issuance of $18.5 billion 2024 - 2061 0.45% - 3.25% 0.57% - 3.31% 17,500 17,500 April 2022 Notes issuance of $12.8 billion 2024 - 2062 2.73% - 4.10% 2.83% - 4.15% 12,750 12,750 December 2022 Notes issuance of $8.3 billion 2024 - 2032 4.55% - 4.70% 4.61% - 4.83% 8,250 8,250 Credit Facility 682 352 Total face value of long-term debt 67,182 66,852 Unamortized discount and issuance costs, net (374) (370) Less: current portion of long-term debt (8,494) (8,848) Long-term debt $ 58,314 $ 57,634 ___________________ (1) The weighted-average remaining lives of the 2014, 2017, 2020, 2021, April 2022, and December 2022 Notes were 11.3, 13.9, 17.3, 12.8, 12.0, and 4.6 years as of March 31, 2024. The combined weighted-average remaining life of the Notes was 12.4 years as of March 31, 2024. Interest on the Notes is payable semi-annually in arrears. We may redeem the Notes at any time in whole, or from time to time, in part at specified redemption prices. We are not subject to any financial covenants under the Notes. The estimated fair value of the Notes was approximately $60.6 billion and $59.4 billion as of December 31, 2023 and March 31, 2024, which is based on quoted prices for our debt as of those dates. We have a $352 million secured revolving credit facility with a lender that is secured by certain seller receivables, which we decreased from $1.5 billion to $352 million in March 2024 and we may from time to time increase in the future subject to lender approval (the “Credit Facility”). The Credit Facility is available until August 2025, bears interest based on the daily Secured Overnight Financing Rate plus 1.25%, and has a commitment fee of up to 0.45% on the undrawn portion. There were $682 million and $352 million of borrowings outstanding under the Credit Facility as of December 31, 2023 and March 31, 2024, which had an interest rate of 6.6%. We reclassified all of the $352 million outstanding as of March 31, 2024 to be included with the current portion of long-term debt within “Accrued expenses and other” on our consolidated balance sheets. As of December 31, 2023 and March 31, 2024, we have pledged $806 million and $466 million of our cash and seller receivables as collateral for debt related to our Credit Facility. The estimated fair value of the Credit Facility, which is based on Level 2 inputs, approximated its carrying value as of December 31, 2023 and March 31, 2024. In January 2023, we entered into an $8.0 billion unsecured 364-day term loan with a syndicate of lenders (the “Term Loan”), maturing in January 2024 and bearing interest at the Secured Overnight Financing Rate specified in the Term Loan plus 0.75%. The Term Loan was classified as short-term debt and included within “Accrued expenses and other” on our consolidated balance sheets. As of December 31, 2023, the entire amount of the Term Loan had been repaid. We have U.S. Dollar and Euro commercial paper programs (the “Commercial Paper Programs”) under which we may from time to time issue unsecured commercial paper up to a total of $20.0 billion (including up to €3.0 billion) at the date of issue, with individual maturities that may vary but will not exceed 397 days from the date of issue. There were no borrowings outstanding under the Commercial Paper Programs as of December 31, 2023 and March 31, 2024. We use the net proceeds from the issuance of commercial paper for general corporate purposes. We have a $15.0 billion unsecured revolving credit facility with a syndicate of lenders (the “Credit Agreement”), with a term that extends to November 2028 and may be extended for one or more additional one-year terms if approved by the lenders. The interest rate applicable to outstanding balances under the Credit Agreement is the applicable benchmark rate specified in the Credit Agreement plus 0.45%, with a commitment fee of 0.03% on the undrawn portion of the credit facility. There were no borrowings outstanding under the Credit Agreement as of December 31, 2023 and March 31, 2024. We have a $5.0 billion unsecured 364-day revolving credit facility with a syndicate of lenders (the “Short-Term Credit Agreement”), which matures in October 2024 and may be extended for one additional period of 364 days if approved by the lenders. The interest rate applicable to outstanding balances under the Short-Term Credit Agreement is the Secured Overnight Financing Rate specified in the Short-Term Credit Agreement plus 0.45%, with a commitment fee of 0.03% on the undrawn portion. There were no borrowings outstanding under the Short-Term Credit Agreement as of December 31, 2023 and March 31, 2024.

Stockholders' Equity

Stockholders' Equity	3 Months Ended
Stockholders' Equity	Mar. 31, 2024
Equity [Abstract]
Stockholders' Equity	STOCKHOLDERS’ EQUITY Stock Repurchase Activity In March 2022, the Board of Directors authorized a program to repurchase up to $10.0 billion of our common stock, with no fixed expiration. There were no repurchases of our common stock during the three months ended March 31, 2023 or 2024. As of March 31, 2024, we have $6.1 billion remaining under the repurchase program. Stock Award Plans Employees vest in restricted stock unit awards over the corresponding service term, generally between two Stock Award Activity Common shares outstanding plus shares underlying outstanding stock awards totaled 10.8 billion as of December 31, 2023 and March 31, 2024. These totals include all vested and unvested stock awards outstanding, including those awards we estimate will be forfeited. Stock-based compensation expense is as follows (in millions): Three Months Ended 2023 2024 Cost of sales $ 165 $ 174 Fulfillment 603 636 Technology and infrastructure 2,574 2,772 Sales and marketing 993 932 General and administrative 413 447 Total stock-based compensation expense $ 4,748 $ 4,961 The following table summarizes our restricted stock unit activity for the three months ended March 31, 2024 (in millions): Number of Units Weighted-Average Outstanding as of December 31, 2023 405.8 $ 125 Units granted 10.7 166 Units vested (20.0) 140 Units forfeited (11.6) 126 Outstanding as of March 31, 2024 384.9 126 Scheduled vesting for outstanding restricted stock units as of March 31, 2024, is as follows (in millions): Nine Months Ended December 31, Year Ended December 31, 2024 2025 2026 2027 2028 Thereafter Total Scheduled vesting — restricted stock units 195.0 122.0 50.1 14.0 2.1 1.7 384.9 As of March 31, 2024, there was $14.7 billion of net unrecognized compensation cost related to unvested stock-based compensation arrangements. This compensation is recognized on an accelerated basis with more than half of the compensation expected to be expensed in the next twelve months, and has a remaining weighted-average recognition period of 0.9 years. The estimated forfeiture rate as of December 31, 2023 and March 31, 2024 was 26.1%. Changes in Stockholders’ Equity The following table shows changes in stockholders’ equity (in millions): Three Months Ended 2023 2024 Total beginning stockholders’ equity $ 146,043 $ 201,875 Beginning and ending common stock 108 109 Beginning and ending treasury stock (7,837) (7,837) Beginning additional paid-in capital 75,066 99,025 Stock-based compensation and issuance of employee benefit plan stock 4,797 4,913 Ending additional paid-in capital 79,863 103,938 Beginning accumulated other comprehensive income (loss) (4,487) (3,040) Other comprehensive income (loss) 514 (558) Ending accumulated other comprehensive income (loss) (3,973) (3,598) Beginning retained earnings 83,193 113,618 Net income 3,172 10,431 Ending retained earnings 86,365 124,049 Total ending stockholders’ equity $ 154,526 $ 216,661

Income Taxes

Income Taxes	3 Months Ended
Income Taxes	Mar. 31, 2024
Income Tax Disclosure [Abstract]
Income Taxes	INCOME TAXES Our tax provision or benefit from income taxes for interim periods is determined using an estimate of our annual effective tax rate, adjusted for discrete items, if any, that are taken into account in the relevant period. Each quarter we update our estimate of the annual effective tax rate, and if our estimated tax rate changes, we make a cumulative adjustment. Our quarterly tax provision, and our quarterly estimate of our annual effective tax rate, is subject to significant variation due to several factors, including variability in accurately predicting our pre-tax and taxable income and loss and the mix of jurisdictions to which they relate, intercompany transactions, the applicability of special tax regimes, changes in how we do business, acquisitions, investments, developments in tax controversies, changes in our stock price, changes in our deferred tax assets and liabilities and their valuation, foreign currency gains (losses), changes in statutes, regulations, case law, and administrative practices, principles, and interpretations related to tax, including changes to the global tax framework, competition, and other laws and accounting rules in various jurisdictions, and relative changes of expenses or losses for which tax benefits are not recognized. Our effective tax rate can be more or less volatile based on the amount of pre-tax income or loss. For example, the impact of discrete items and non-deductible expenses on our effective tax rate is greater when our pre-tax income is lower. In addition, we record valuation allowances against deferred tax assets when there is uncertainty about our ability to generate future income in relevant jurisdictions. For 2024, we estimate that our effective tax rate will be favorably impacted by the U.S. federal research and development credit and foreign income deduction and adversely affected by state income taxes. In addition, valuation gains and losses from our equity investment in Rivian impact our pre-tax income and may cause variability in our effective tax rate. Our income tax provision for the three months ended March 31, 2023 was $948 million, which included $48 million of net discrete tax expense. Our income tax provision for the three months ended March 31, 2024 was $2.5 billion, which included $558 million of net discrete tax benefits. Cash paid for income taxes, net of refunds was $619 million and $458 million in Q1 2023 and Q1 2024. As of December 31, 2023 and March 31, 2024, income tax contingencies were approximately $5.2 billion and $5.5 billion. Changes in tax laws, regulations, administrative practices, principles, and interpretations may impact our tax contingencies. Due to various factors, including the inherent complexities and uncertainties of the judicial, administrative, and regulatory processes in certain jurisdictions, the timing of the resolution of income tax controversies is highly uncertain, and the amounts ultimately paid, if any, upon resolution of the issues raised by the taxing authorities may differ from the amounts accrued. It is reasonably possible that within the next twelve months we will receive additional assessments by various tax authorities or possibly reach resolution of income tax controversies in one or more jurisdictions. These assessments or settlements could result in changes to our contingencies related to positions on prior years’ tax filings. We are under examination, or may be subject to examination, by the Internal Revenue Service for the calendar year 2016 and thereafter. These examinations may lead to ordinary course adjustments or proposed adjustments to our taxes or our net operating losses with respect to years under examination as well as subsequent periods. We are also subject to taxation in various states and other foreign jurisdictions including China, France, Germany, India, Japan, Luxembourg, and the United Kingdom. We are under, or may be subject to, audit or examination and additional assessments by the relevant authorities in respect of these particular jurisdictions primarily for 2011 and thereafter. We are currently disputing tax assessments in multiple jurisdictions, including with respect to the allocation and characterization of income. In September 2022, the Luxembourg tax authority (“LTA”) denied the tax basis of certain intangible assets that we distributed from Luxembourg to the U.S. in 2021. When we are assessed by the LTA, we will need to remit taxes related to this matter. We believe the LTA’s position is without merit, we intend to defend ourselves vigorously in this matter, and we expect to recoup taxes paid.

Segment Information

Segment Information	3 Months Ended
Segment Information	Mar. 31, 2024
Segment Reporting [Abstract]
Segment Information	SEGMENT INFORMATION We have organized our operations into three segments: North America, International, and AWS. We allocate to segment results the operating expenses “Fulfillment,” “Technology and infrastructure,” “Sales and marketing,” and “General and administrative” based on usage, which is generally reflected in the segment in which the costs are incurred. The majority of technology costs recorded in “Technology and infrastructure” are incurred in the U.S. and are included in our North America and AWS segments. The majority of infrastructure costs recorded in “Technology and infrastructure” are allocated to the AWS segment based on usage. There are no internal revenue transactions between our reportable segments. Our chief operating decision maker (“CODM”) regularly reviews consolidated net sales, consolidated operating expenses, and consolidated operating income (loss) by segment. Amounts included in consolidated operating expenses include “Cost of sales,” “Fulfillment,” “Technology and infrastructure,” “Sales and marketing,” “General and administrative,” and “Other operating expense (income), net.” Our CODM manages our business by reviewing annual forecasts and consolidated results by segment on a quarterly basis. North America The North America segment primarily consists of amounts earned from retail sales of consumer products (including from sellers) and advertising and subscription services through North America-focused online and physical stores. This segment includes export sales from these online stores. International The International segment primarily consists of amounts earned from retail sales of consumer products (including from sellers) and advertising and subscription services through internationally-focused online stores. This segment includes export sales from these internationally-focused online stores (including export sales from these online stores to customers in the U.S., Mexico, and Canada), but excludes export sales from our North America-focused online stores. AWS The AWS segment consists of amounts earned from global sales of compute, storage, database, and other services for start-ups, enterprises, government agencies, and academic institutions. Information on reportable segments and reconciliation to consolidated net income is as follows (in millions): Three Months Ended 2023 2024 North America Net sales $ 76,881 $ 86,341 Operating expenses 75,983 81,358 Operating income $ 898 $ 4,983 International Net sales $ 29,123 $ 31,935 Operating expenses 30,370 31,032 Operating income (loss) $ (1,247) $ 903 AWS Net sales $ 21,354 $ 25,037 Operating expenses 16,231 15,616 Operating income $ 5,123 $ 9,421 Consolidated Net sales $ 127,358 $ 143,313 Operating expenses 122,584 128,006 Operating income 4,774 15,307 Total non-operating expense (655) (2,324) Provision for income taxes (948) (2,467) Equity-method investment activity, net of tax 1 (85) Net income $ 3,172 $ 10,431 Net sales by groups of similar products and services, which also have similar economic characteristics, is as follows (in millions): Three Months Ended 2023 2024 Net Sales: Online stores (1) $ 51,096 $ 54,670 Physical stores (2) 4,895 5,202 Third-party seller services (3) 29,820 34,596 Advertising services (4) 9,509 11,824 Subscription services (5) 9,657 10,722 AWS 21,354 25,037 Other (6) 1,027 1,262 Consolidated $ 127,358 $ 143,313 ____________________________ (1) Includes product sales and digital media content where we record revenue gross. We leverage our retail infrastructure to offer a wide selection of consumable and durable goods that includes media products available in both a physical and digital format, such as books, videos, games, music, and software. These product sales include digital products sold on a transactional basis. Digital media content subscriptions that provide unlimited viewing or usage rights are included in “Subscription services.” (2) Includes product sales where our customers physically select items in a store. Sales to customers who order goods online for delivery or pickup at our physical stores are included in “Online stores.” (3) Includes commissions and any related fulfillment and shipping fees, and other third-party seller services. (4) Includes sales of advertising services to sellers, vendors, publishers, authors, and others, through programs such as sponsored ads, display, and video advertising. (5) Includes annual and monthly fees associated with Amazon Prime memberships, as well as digital video, audiobook, digital music, e-book, and other non-AWS subscription services. (6)

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Millions	3 Months Ended		12 Months Ended
Pay vs Performance Disclosure - USD ($) $ in Millions	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2024	Mar. 31, 2023
Pay vs Performance Disclosure
Net Income	$ 10,431	$ 3,172	$ 37,684	$ 4,294

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
Insider Trading Arrangements	Mar. 31, 2024 shares
Trading Arrangements, by Individual
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false
Keith Alexander [Member]
Trading Arrangements, by Individual
Material Terms of Trading Arrangement	On February 5, 2024, Keith Alexander, a member of our Board of Directors, adopted a trading plan intended to satisfy Rule 10b5-1(c) to sell up to 1,900 shares of Amazon.com, Inc. common stock over a period ending on November 4, 2024, subject to certain conditions.
Name	Keith Alexander
Title	Directors
Rule 10b5-1 Arrangement Adopted	true
Adoption Date	February 5, 2024
Arrangement Duration	273 days
Aggregate Available	1,900
Daniel Huttenlocher [Member]
Trading Arrangements, by Individual
Material Terms of Trading Arrangement	On February 14, 2024, Daniel Huttenlocher, a member of our Board of Directors, adopted a trading plan intended to satisfy Rule 10b5-1(c) to sell up to 1,237 shares of Amazon.com, Inc. common stock over a period ending on November 21, 2024, subject to certain conditions.
Name	Daniel Huttenlocher
Title	Directors
Rule 10b5-1 Arrangement Adopted	true
Adoption Date	February 14, 2024
Arrangement Duration	281 days
Aggregate Available	1,237
Jeffrey Bezos [Member]
Trading Arrangements, by Individual
Material Terms of Trading Arrangement	On March 2, 2024, Jeffrey Bezos, our founder and Executive Chair, adopted a trading plan intended to satisfy Rule 10b5-1(c) to sell up to 25,000,000 shares of Amazon.com, Inc. common stock over a period ending on December 31, 2025, subject to certain conditions.
Name	Jeffrey Bezos
Title	founder and Executive Chair
Rule 10b5-1 Arrangement Adopted	true
Adoption Date	March 2, 2024
Arrangement Duration	669 days
Aggregate Available	25,000,000

Accounting Policies and Suppl_2

Accounting Policies and Supplemental Disclosures (Policies)	3 Months Ended
Accounting Policies and Supplemental Disclosures (Policies)	Mar. 31, 2024
Accounting Policies [Abstract]
Unaudited Interim Financial Information	Unaudited Interim Financial Information We have prepared the accompanying consolidated financial statements pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”) for interim financial reporting. These consolidated financial statements are unaudited and, in our opinion, include all adjustments, consisting of normal recurring adjustments and accruals necessary for a fair presentation of our consolidated cash flows, operating results, and balance sheets for the periods presented. Operating results for the periods presented are not necessarily indicative of the results that may be expected for 2024 due to seasonal and other factors. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) have been omitted in accordance with the rules and regulations of the SEC. These consolidated financial statements should be read in conjunction with the audited consolidated financial statements and accompanying notes in Item 8 of Part II, “Financial Statements and Supplementary Data,” of our 2023 Annual Report on Form 10-K.
Prior Period Reclassifications	Prior Period Reclassifications Certain prior period amounts have been reclassified to conform to the current period presentation. “Other assets” were reclassified out of “Accounts receivable, net and other” on our consolidated statements of cash flows.
Principles of Consolidation	Principles of Consolidation The consolidated financial statements include the accounts of Amazon.com, Inc. and its consolidated entities (collectively, the “Company”), consisting of its wholly-owned subsidiaries and those entities in which we have a variable interest and of which we are the primary beneficiary, including certain entities in India and certain entities that support our health care services and seller lending financing activities. Intercompany balances and transactions between consolidated entities are eliminated.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with GAAP requires estimates and assumptions that affect the reported amounts of assets and liabilities, revenues and expenses, and related disclosures of contingent liabilities in the consolidated financial statements and accompanying notes. Estimates are used for, but not limited to, income taxes, useful lives of equipment, commitments and contingencies, valuation of acquired intangibles and goodwill, stock-based compensation forfeiture rates, vendor funding, inventory valuation, collectability of receivables, impairment of property and equipment and operating leases, valuation and impairment of investments, self-insurance liabilities, and viewing patterns of capitalized video content. Actual results could differ materially from these estimates. five
Earnings Per Share	Earnings Per Share Basic earnings per share is calculated using our weighted-average outstanding common shares. Diluted earnings per share is calculated using our weighted-average outstanding common shares including the dilutive effect of stock awards as determined under the treasury stock method. In periods when we have a net loss, stock awards are excluded from our calculation of earnings per share as their inclusion would have an antidilutive effect.
Inventories	Inventories Inventories, consisting of products available for sale, are primarily accounted for using the first-in, first-out method, and are valued at the lower of cost and net realizable value. This valuation requires us to make judgments, based on currently available information, about the likely method of disposition, such as through sales to individual customers, returns to product vendors, or liquidations, and expected recoverable values of each disposition category. The inventory valuation allowance, representing a write-down of inventory, was $3.0 billion and $2.6 billion as of December 31, 2023 and March 31, 2024.
Accounts Receivable, Net and Other	Accounts Receivable, Net and Other Included in “Accounts receivable, net and other” on our consolidated balance sheets are receivables primarily related to customers, vendors, and sellers, as well as prepaid expenses and other current assets. As of December 31, 2023 and March 31, 2024, customer receivables, net, were $34.1 billion and $31.8 billion, vendor receivables, net, were $8.5 billion and $6.7 billion, seller receivables, net, were $1.0 billion and $0.6 billion, and other receivables, net, were $3.3 billion and $3.1 billion. Seller receivables are amounts due from sellers related to our seller lending program, which provides funding to sellers primarily to procure inventory. Prepaid expenses and other current assets were $5.4 billion and $5.6 billion as of December 31, 2023 and March 31, 2024. We estimate losses on receivables based on expected losses, including our historical experience of actual losses. The allowance for doubtful accounts was $1.7 billion as of December 31, 2023 and March 31, 2024.
Digital Video and Music Content	Digital Video and Music Content
Unearned Revenue	Unearned Revenue Unearned revenue is recorded when payments are received or due in advance of performing our service obligations and is recognized over the service period. Unearned revenue primarily relates to prepayments of AWS services and Amazon Prime memberships. Our total unearned revenue as of December 31, 2023 was $20.9 billion, of which $6.1 billion was recognized as revenue during the three months ended March 31, 2024. Included in “Other long-term liabilities” on our consolidated balance sheets was $5.7 billion and $6.4 billion of unearned revenue as of December 31, 2023 and March 31, 2024. Additionally, we have performance obligations, primarily related to AWS, associated with commitments in customer contracts for future services that have not yet been recognized in our consolidated financial statements. For contracts with original terms that exceed one year, those commitments not yet recognized were $157.7 billion as of March 31, 2024. The weighted-average remaining life of our long-term contracts is 4.1 years. However, the amount and timing of revenue recognition is largely driven by customer usage, which can extend beyond the original contractual term.
Accounting Pronouncements Not Yet Adopted	Accounting Pronouncements Not Yet Adopted

Accounting Policies and Suppl_3

Accounting Policies and Supplemental Disclosures (Tables)	3 Months Ended
Accounting Policies and Supplemental Disclosures (Tables)	Mar. 31, 2024
Accounting Policies [Abstract]
Supplemental Cash Flow Information	The following table shows supplemental cash flow information (in millions): Three Months Ended Twelve Months Ended 2023 2024 2023 2024 SUPPLEMENTAL CASH FLOW INFORMATION: Cash paid for interest on debt, net of capitalized interest $ 402 $ 269 $ 1,684 $ 2,475 Cash paid for operating leases 2,467 3,332 8,733 11,318 Cash paid for interest on finance leases 81 74 348 301 Cash paid for interest on financing obligations 59 64 208 201 Cash paid for income taxes, net of refunds 619 458 6,201 11,018 Assets acquired under operating leases 3,626 3,753 20,251 14,179 Property and equipment acquired under finance leases, net of remeasurements and modifications 8 42 517 676 Property and equipment recognized during the construction period of build-to-suit lease arrangements 131 37 1,953 263 Property and equipment derecognized after the construction period of build-to-suit lease arrangements, with the associated leases recognized as operating 720 — 5,845 654
Calculation of Diluted Shares	The following table shows the calculation of diluted shares (in millions): Three Months Ended 2023 2024 Shares used in computation of basic earnings per share 10,250 10,393 Total dilutive effect of outstanding stock awards 97 277 Shares used in computation of diluted earnings per share 10,347 10,670
Other Income (Expense), Net	Other income (expense), net” is as follows (in millions): Three Months Ended 2023 2024 Marketable equity securities valuation gains (losses) $ (480) $ (2,126) Equity warrant valuation gains (losses) 59 (230) Upward adjustments relating to equity investments in private companies 16 5 Foreign currency gains (losses) 70 (74) Other, net (108) (248) Total other income (expense), net (443) (2,673)
Summarized Financial Information of Equity Investment	Required summarized financial information of Rivian as disclosed in its most recent SEC filings is as follows (in millions): Twelve Months Ended December 31, 2022 2023 Revenues $ 1,658 $ 4,434 Gross profit (3,123) (2,030) Loss from operations (6,856) (5,739) Net loss (6,752) (5,432)

Financial Instruments (Tables)

Financial Instruments (Tables)	3 Months Ended
Financial Instruments (Tables)	Mar. 31, 2024
Investments, Debt and Equity Securities [Abstract]
Fair Value by Major Security Type	The following table summarizes, by major security type, our cash, cash equivalents, restricted cash, and marketable securities that are measured at fair value on a recurring basis and are categorized using the fair value hierarchy (in millions): December 31, 2023 March 31, 2024 Total Cost or Gross Gross Total Cash $ 11,706 $ 11,633 $ — $ — $ 11,633 Level 1 securities: Money market funds 39,160 28,676 — — 28,676 Equity securities (1) 4,658 2,575 Level 2 securities: Foreign government and agency securities 505 19 — — 19 U.S. government and agency securities 1,699 2,641 1 (89) 2,553 Corporate debt securities 27,805 38,636 — (146) 38,490 Asset-backed securities 1,646 1,554 — (45) 1,509 Other debt securities 104 102 — (3) 99 $ 87,283 $ 83,261 $ 1 $ (283) $ 85,554 Less: Restricted cash, cash equivalents, and marketable securities (2) (503) (480) Total cash, cash equivalents, and marketable securities $ 86,780 $ 85,074 ___________________ (1) The related unrealized gain (loss) recorded in “Other income (expense), net” was $(479) million and $(2.1) billion in Q1 2023 and Q1 2024. (2)
Investments Classified by Contractual Maturity Date	The following table summarizes the remaining contractual maturities of our cash equivalents and marketable debt securities as of March 31, 2024 (in millions): Amortized Estimated Due within one year $ 66,539 $ 66,481 Due after one year through five years 3,810 3,652 Due after five years through ten years 404 389 Due after ten years 875 824 Total $ 71,628 $ 71,346
Consolidated Statements of Cash Flow Reconciliation - Cash and Cash Equivalents	The following table provides a reconciliation of the amount of cash, cash equivalents, and restricted cash reported within the consolidated balance sheets to the total of the same such amounts shown in the consolidated statements of cash flows (in millions): December 31, 2023 March 31, 2024 Cash and cash equivalents $ 73,387 $ 72,852 Restricted cash included in accounts receivable, net and other 497 474 Restricted cash included in other assets 6 6 Total cash, cash equivalents, and restricted cash shown in the consolidated statements of cash flows $ 73,890 $ 73,332
Consolidated Statements of Cash Flow Reconciliation - Restricted Cash	The following table provides a reconciliation of the amount of cash, cash equivalents, and restricted cash reported within the consolidated balance sheets to the total of the same such amounts shown in the consolidated statements of cash flows (in millions): December 31, 2023 March 31, 2024 Cash and cash equivalents $ 73,387 $ 72,852 Restricted cash included in accounts receivable, net and other 497 474 Restricted cash included in other assets 6 6 Total cash, cash equivalents, and restricted cash shown in the consolidated statements of cash flows $ 73,890 $ 73,332

Leases (Tables)

Leases (Tables)	3 Months Ended
Leases (Tables)	Mar. 31, 2024
Leases [Abstract]
Lease Cost	Lease cost recognized in our consolidated statements of operations is summarized as follows (in millions): Three Months Ended March 31, 2023 2024 Operating lease cost $ 2,512 $ 2,829 Finance lease cost: Amortization of lease assets 1,546 941 Interest on lease liabilities 80 73 Finance lease cost 1,626 1,014 Variable lease cost 518 635 Total lease cost $ 4,656 $ 4,478
Other Information about Lease Amounts Recognized	Other information about lease amounts recognized in our consolidated financial statements is as follows: December 31, 2023 March 31, 2024 Weighted-average remaining lease term – operating leases 11.3 years 11.2 years Weighted-average remaining lease term – finance leases 11.9 years 12.0 years Weighted-average discount rate – operating leases 3.3 % 3.3 % Weighted-average discount rate – finance leases 2.7 % 2.8 %
Lease Liabilities	Our lease liabilities were as follows (in millions): December 31, 2023 Operating Leases Finance Leases Total Gross lease liabilities $ 90,777 $ 14,106 $ 104,883 Less: imputed interest (15,138) (1,997) (17,135) Present value of lease liabilities 75,639 12,109 87,748 Less: current portion of lease liabilities (8,419) (2,032) (10,451) Total long-term lease liabilities $ 67,220 $ 10,077 $ 77,297 March 31, 2024 Operating Leases Finance Leases Total Gross lease liabilities $ 91,419 $ 13,262 $ 104,681 Less: imputed interest (15,400) (2,022) (17,422) Present value of lease liabilities 76,019 11,240 87,259 Less: current portion of lease liabilities (8,581) (1,626) (10,207) Total long-term lease liabilities $ 67,438 $ 9,614 $ 77,052

Commitments and Contingencies (

Commitments and Contingencies (Tables)	3 Months Ended
Commitments and Contingencies (Tables)	Mar. 31, 2024
Commitments and Contingencies Disclosure [Abstract]
Principal Contractual Commitments, Excluding Open Orders for Purchases	The following summarizes our principal contractual commitments, excluding open orders for purchases that support normal operations and are generally cancellable, as of March 31, 2024 (in millions): Nine Months Ended December 31, Year Ended December 31, 2024 2025 2026 2027 2028 Thereafter Total Long-term debt principal and interest $ 10,335 $ 7,011 $ 4,679 $ 10,403 $ 3,644 $ 60,176 $ 96,248 Operating lease liabilities 8,202 10,276 9,531 8,708 7,908 46,794 91,419 Finance lease liabilities, including interest 1,478 1,460 1,376 1,156 1,024 6,768 13,262 Financing obligations, including interest (1) 319 466 473 481 488 6,330 8,557 Leases not yet commenced 1,692 2,579 2,712 2,759 2,893 24,187 36,822 Unconditional purchase obligations (2) 7,322 8,278 6,336 4,862 2,341 10,730 39,869 Other commitments (3) 2,690 1,634 1,168 767 689 9,436 16,384 Total commitments $ 32,038 $ 31,704 $ 26,275 $ 29,136 $ 18,987 $ 164,421 $ 302,561 ___________________ (1) Includes non-cancellable financing obligations for fulfillment network and data center facilities. Excluding interest, current financing obligations of $271 million and $269 million are recorded within “Accrued expenses and other” and $6.6 billion and $6.5 billion are recorded within “Other long-term liabilities” as of December 31, 2023 and March 31, 2024. The weighted-average remaining term of the financing obligations was 17.0 years and 16.7 years and the weighted-average imputed interest rate was 3.1% as of December 31, 2023 and March 31, 2024. (2) Includes unconditional purchase obligations related to long-term agreements to acquire and license digital media content that are not reflected on the consolidated balance sheets, and certain products offered in our Whole Foods Market stores. For those digital media content agreements with variable terms, we do not estimate the total obligation beyond any minimum quantities and/or pricing as of the reporting date. Purchase obligations associated with renewal provisions solely at the option of the content provider are included to the extent such commitments are fixed or a minimum amount is specified. Renewable energy agreements based on actual generation without a fixed or minimum volume commitment are not included. These agreements also provide the right to receive renewable energy certificates for no additional consideration. (3) Includes asset retirement obligations, liabilities associated with digital media content agreements with initial terms greater than one year, and the estimated timing and amounts of payments for rent and tenant improvements associated with build-to-suit lease arrangements that are under construction. Excludes approximately $5.5 billion of income tax contingencies for which we cannot make a reasonably reliable estimate of the amount and period of payment, if any.

Debt (Tables)

Debt (Tables)	3 Months Ended
Debt (Tables)	Mar. 31, 2024
Debt Disclosure [Abstract]
Long-Term Debt Obligations	Our total long-term debt obligations are as follows (in millions): Maturities (1) Stated Interest Rates Effective Interest Rates December 31, 2023 March 31, 2024 2014 Notes issuance of $6.0 billion 2024 - 2044 3.80% - 4.95% 3.90% - 5.12% 4,000 4,000 2017 Notes issuance of $17.0 billion 2024 - 2057 2.80% - 5.20% 2.95% - 4.33% 15,000 15,000 2020 Notes issuance of $10.0 billion 2025 - 2060 0.80% - 2.70% 0.88% - 2.77% 9,000 9,000 2021 Notes issuance of $18.5 billion 2024 - 2061 0.45% - 3.25% 0.57% - 3.31% 17,500 17,500 April 2022 Notes issuance of $12.8 billion 2024 - 2062 2.73% - 4.10% 2.83% - 4.15% 12,750 12,750 December 2022 Notes issuance of $8.3 billion 2024 - 2032 4.55% - 4.70% 4.61% - 4.83% 8,250 8,250 Credit Facility 682 352 Total face value of long-term debt 67,182 66,852 Unamortized discount and issuance costs, net (374) (370) Less: current portion of long-term debt (8,494) (8,848) Long-term debt $ 58,314 $ 57,634 ___________________ (1) The weighted-average remaining lives of the 2014, 2017, 2020, 2021, April 2022, and December 2022 Notes were 11.3, 13.9, 17.3, 12.8, 12.0, and 4.6 years as of March 31, 2024. The combined weighted-average remaining life of the Notes was 12.4 years as of March 31, 2024.

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	3 Months Ended
Stockholders' Equity (Tables)	Mar. 31, 2024
Equity [Abstract]
Stock-Based Compensation Expense	Stock-based compensation expense is as follows (in millions): Three Months Ended 2023 2024 Cost of sales $ 165 $ 174 Fulfillment 603 636 Technology and infrastructure 2,574 2,772 Sales and marketing 993 932 General and administrative 413 447 Total stock-based compensation expense $ 4,748 $ 4,961
Restricted Stock Unit Activity	The following table summarizes our restricted stock unit activity for the three months ended March 31, 2024 (in millions): Number of Units Weighted-Average Outstanding as of December 31, 2023 405.8 $ 125 Units granted 10.7 166 Units vested (20.0) 140 Units forfeited (11.6) 126 Outstanding as of March 31, 2024 384.9 126
Scheduled Vesting for Outstanding Restricted Stock Units	Scheduled vesting for outstanding restricted stock units as of March 31, 2024, is as follows (in millions): Nine Months Ended December 31, Year Ended December 31, 2024 2025 2026 2027 2028 Thereafter Total Scheduled vesting — restricted stock units 195.0 122.0 50.1 14.0 2.1 1.7 384.9
Changes in Stockholders' Equity	The following table shows changes in stockholders’ equity (in millions): Three Months Ended 2023 2024 Total beginning stockholders’ equity $ 146,043 $ 201,875 Beginning and ending common stock 108 109 Beginning and ending treasury stock (7,837) (7,837) Beginning additional paid-in capital 75,066 99,025 Stock-based compensation and issuance of employee benefit plan stock 4,797 4,913 Ending additional paid-in capital 79,863 103,938 Beginning accumulated other comprehensive income (loss) (4,487) (3,040) Other comprehensive income (loss) 514 (558) Ending accumulated other comprehensive income (loss) (3,973) (3,598) Beginning retained earnings 83,193 113,618 Net income 3,172 10,431 Ending retained earnings 86,365 124,049 Total ending stockholders’ equity $ 154,526 $ 216,661

Segment Information (Tables)

Segment Information (Tables)	3 Months Ended
Segment Information (Tables)	Mar. 31, 2024
Segment Reporting [Abstract]
Information on Reportable Segments and Reconciliation to Consolidated Net Income	Information on reportable segments and reconciliation to consolidated net income is as follows (in millions): Three Months Ended 2023 2024 North America Net sales $ 76,881 $ 86,341 Operating expenses 75,983 81,358 Operating income $ 898 $ 4,983 International Net sales $ 29,123 $ 31,935 Operating expenses 30,370 31,032 Operating income (loss) $ (1,247) $ 903 AWS Net sales $ 21,354 $ 25,037 Operating expenses 16,231 15,616 Operating income $ 5,123 $ 9,421 Consolidated Net sales $ 127,358 $ 143,313 Operating expenses 122,584 128,006 Operating income 4,774 15,307 Total non-operating expense (655) (2,324) Provision for income taxes (948) (2,467) Equity-method investment activity, net of tax 1 (85) Net income $ 3,172 $ 10,431
Disaggregation of Revenue	Net sales by groups of similar products and services, which also have similar economic characteristics, is as follows (in millions): Three Months Ended 2023 2024 Net Sales: Online stores (1) $ 51,096 $ 54,670 Physical stores (2) 4,895 5,202 Third-party seller services (3) 29,820 34,596 Advertising services (4) 9,509 11,824 Subscription services (5) 9,657 10,722 AWS 21,354 25,037 Other (6) 1,027 1,262 Consolidated $ 127,358 $ 143,313 ____________________________ (1) Includes product sales and digital media content where we record revenue gross. We leverage our retail infrastructure to offer a wide selection of consumable and durable goods that includes media products available in both a physical and digital format, such as books, videos, games, music, and software. These product sales include digital products sold on a transactional basis. Digital media content subscriptions that provide unlimited viewing or usage rights are included in “Subscription services.” (2) Includes product sales where our customers physically select items in a store. Sales to customers who order goods online for delivery or pickup at our physical stores are included in “Online stores.” (3) Includes commissions and any related fulfillment and shipping fees, and other third-party seller services. (4) Includes sales of advertising services to sellers, vendors, publishers, authors, and others, through programs such as sponsored ads, display, and video advertising. (5) Includes annual and monthly fees associated with Amazon Prime memberships, as well as digital video, audiobook, digital music, e-book, and other non-AWS subscription services. (6)

Accounting Policies and Suppl_4

Accounting Policies and Supplemental Disclosures - Use of Estimates (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended		12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2024	Mar. 31, 2023	Jan. 01, 2024	Dec. 31, 2023
Restructuring Cost and Reserve [Line Items]
Depreciation, Depletion and Amortization	$ (11,684)	$ (11,123)	$ (49,224)	$ (43,851)
Net Income	$ 10,431	$ 3,172	$ 37,684	$ 4,294
Basic earnings per share (in usd per share)	$ 1	$ 0.31
Diluted earnings per share (in usd per share)	$ 0.98	$ 0.31
Change in useful lives of servers and networking equipment
Restructuring Cost and Reserve [Line Items]
Depreciation, Depletion and Amortization	$ 897
Net Income	$ 695
Basic earnings per share (in usd per share)	$ 0.07
Diluted earnings per share (in usd per share)	$ 0.07
Servers
Restructuring Cost and Reserve [Line Items]
Estimated useful lives of assets						5 years
Servers \| Change in useful lives of servers and networking equipment
Restructuring Cost and Reserve [Line Items]
Estimated useful lives of assets					6 years

Accounting Policies and Suppl_5

Accounting Policies and Supplemental Disclosures - Supplemental Cash Flow Information (Details) - USD ($) $ in Millions	3 Months Ended		12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2024	Mar. 31, 2023
Accounting Policies [Abstract]
Cash paid for interest on debt, net of capitalized interest	$ 269	$ 402	$ 2,475	$ 1,684
Cash paid for operating leases	3,332	2,467	11,318	8,733
Cash paid for interest on finance leases	74	81	301	348
Cash paid for interest on financing obligations	64	59	201	208
Cash paid for income taxes, net of refunds	458	619	11,018	6,201
Assets acquired under operating leases	3,753	3,626	14,179	20,251
Property and equipment acquired under finance leases, net of remeasurements and modifications	42	8	676	517
Property and equipment recognized during the construction period of build-to-suit lease arrangements	37	131	263	1,953
Property and equipment derecognized after the construction period of build-to-suit lease arrangements, with the associated leases recognized as operating	$ 0	$ 720	$ 654	$ 5,845

Accounting Policies and Suppl_6

Accounting Policies and Supplemental Disclosures - Calculation of Diluted Shares (Details) - shares shares in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Accounting Policies [Abstract]
Shares used in computation of basic earnings per share (in shares)	10,393	10,250
Total dilutive effect of outstanding stock awards (in shares)	277	97
Shares used in computation of diluted earnings per share (in shares)	10,670	10,347

Accounting Policies and Suppl_7

Accounting Policies and Supplemental Disclosures - Other Income (Expense), Net (Details) - USD ($) shares in Millions, $ in Millions	3 Months Ended		12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2024	Dec. 31, 2023	Mar. 31, 2023	Dec. 31, 2022
Accounting Policies [Abstract]
Marketable equity securities valuation gains (losses)	$ (2,126)	$ (480)
Equity warrant valuation gains (losses)	(230)	59
Upward adjustments relating to equity investments in private companies	5	16
Foreign currency gains (losses)	(74)	70
Other, net	(248)	(108)
Total other income (expense), net	(2,673)	(443)
Schedule of Investments [Line Items]
Marketable equity securities valuation gains (losses)	(2,126)	(480)
Loss from operations	15,307	4,774
Net loss	10,431	3,172	$ 37,684		$ 4,294
Equity method investment, nonconsolidated investee
Accounting Policies [Abstract]
Marketable equity securities valuation gains (losses)	(2,000)	(467)
Schedule of Investments [Line Items]
Marketable equity securities valuation gains (losses)	$ (2,000)	$ (467)
Equity investment, shares held (in shares)	158		158
Equity investment, ownership percentage	16%		16%
Equity investment, voting interest	15%		15%
Equity investment, fair value	$ 1,700		$ 1,700	$ 3,700
Revenues				4,434		$ 1,658
Gross profit				(2,030)		(3,123)
Loss from operations				(5,739)		(6,856)
Net loss				$ (5,432)		$ (6,752)

Accounting Policies and Suppl_8

Accounting Policies and Supplemental Disclosures - Inventories (Details) - USD ($) $ in Billions	Mar. 31, 2024	Dec. 31, 2023
Accounting Policies [Abstract]
Inventory valuation allowance	$ 2.6	$ 3

Accounting Policies and Suppl_9

Accounting Policies and Supplemental Disclosures - Accounts Receivable, Net and Other (Details) - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts receivable, net and other	$ 47,768	$ 52,253
Prepaid expenses and other current assets	5,600	5,400
Allowance for doubtful accounts	1,700	1,700
Customer receivables, net
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts receivable, net and other	31,800	34,100
Vendor receivables, net
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts receivable, net and other	6,700	8,500
Seller receivables, net
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts receivable, net and other	600	1,000
Other receivables, net
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts receivable, net and other	$ 3,100	$ 3,300

Accounting Policies and Supp_10

Accounting Policies and Supplemental Disclosures - Video and Music Content (Details) - USD ($) $ in Billions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Accounting Policies [Abstract]
Digital video and music content, capitalized costs	$ 17.9		$ 17.4
Digital video and music content, expense	$ 4.6	$ 4

Accounting Policies and Supp_11

Accounting Policies and Supplemental Disclosures - Unearned Revenue (Details) - USD ($) $ in Billions	3 Months Ended
	Mar. 31, 2024	Dec. 31, 2023
Accounting Policies [Abstract]
Unearned revenue		$ 20.9
Unearned revenue, revenue recognized	$ 6.1
Unearned revenue, long-term	6.4	$ 5.7
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-04-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation, contracts exceeding one year	$ 157.7
Remaining performance obligation, weighted average remaining life	4 years 1 month 6 days

Accounting Policies and Supp_12

Accounting Policies and Supplemental Disclosures - Acquisition Activity (Details) - USD ($) $ in Millions	3 Months Ended		12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Accounting Policies [Abstract]
Cash consideration	$ 3,354	$ 3,513	$ 5,680	$ 5,488
Goodwill	$ 22,770		$ 22,770		$ 22,789

Financial Instruments - Fair Va

Financial Instruments - Fair Values on Recurring Basis (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Equity Securities, FV-NI, Gain (Loss)
Equity securities, unrealized gain (loss)	$ (2,100)	$ (479)
Recurring
Schedule of Investments [Line Items]
Cash	11,633		$ 11,706
Debt Securities, Available-for-sale
Gross unrealized gains	1
Gross unrealized losses	(283)
Cash, Cash Equivalents, and Marketable Securities
Cash, cash equivalents and marketable securities	85,554		87,283
Cash, cash equivalents and marketable securities, amortized cost	83,261
Less: Restricted cash, cash equivalents, and marketable securities	(480)		(503)
Total cash, cash equivalents, and marketable securities	85,074		86,780
Recurring \| Level 1 securities
Schedule of Investments [Line Items]
Equity securities	2,575		4,658
Recurring \| Level 1 securities \| Money market funds
Schedule of Investments [Line Items]
Money market funds	28,676		39,160
Recurring \| Level 1 securities \| Money market funds \| Money market funds
Schedule of Investments [Line Items]
Money market funds	28,676
Recurring \| Level 2 securities \| Foreign government and agency securities
Debt Securities, Available-for-sale
Fixed income securities, amortized cost	19
Gross unrealized gains	0
Gross unrealized losses	0
Fixed income securities	19		505
Recurring \| Level 2 securities \| U.S. government and agency securities
Debt Securities, Available-for-sale
Fixed income securities, amortized cost	2,641
Gross unrealized gains	1
Gross unrealized losses	(89)
Fixed income securities	2,553		1,699
Recurring \| Level 2 securities \| Corporate debt securities
Debt Securities, Available-for-sale
Fixed income securities, amortized cost	38,636
Gross unrealized gains	0
Gross unrealized losses	(146)
Fixed income securities	38,490		27,805
Recurring \| Level 2 securities \| Asset-backed securities
Debt Securities, Available-for-sale
Fixed income securities, amortized cost	1,554
Gross unrealized gains	0
Gross unrealized losses	(45)
Fixed income securities	1,509		1,646
Recurring \| Level 2 securities \| Other debt securities
Debt Securities, Available-for-sale
Fixed income securities, amortized cost	102
Gross unrealized gains	0
Gross unrealized losses	(3)
Fixed income securities	$ 99		$ 104

Financial Instruments - Contrac

Financial Instruments - Contractual Maturities (Details) $ in Millions	Mar. 31, 2024 USD ($)
Amortized Cost
Due within one year	$ 66,539
Due after one year through five years	3,810
Due after five years through ten years	404
Due after ten years	875
Amortized cost	71,628
Estimated Fair Value
Due within one year	66,481
Due after one year through five years	3,652
Due after five years through ten years	389
Due after ten years	824
Estimated fair value	$ 71,346

Financial Instruments - Equity

Financial Instruments - Equity Warrants and Non-Marketable Equity Investments (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Sep. 30, 2023	Dec. 31, 2023
Derivative [Line Items]
Equity investments without readily determinable fair values	$ 801		$ 754
Payments to acquire nonmarketable securities	2,750	$ 1,250
Warrant \| Level 2 assets
Derivative [Line Items]
Fair value of warrant assets	$ 2,100		$ 2,200

Financial Instruments - Consoli

Financial Instruments - Consolidated Statements of Cash Flows Reconciliation (Details) - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023	Mar. 31, 2023	Dec. 31, 2022	Mar. 31, 2022
Investments, Debt and Equity Securities [Abstract]
Cash and cash equivalents	$ 72,852	$ 73,387
Restricted cash included in accounts receivable, net and other	474	497
Restricted cash included in other assets	6	6
Total cash, cash equivalents, and restricted cash shown in the consolidated statements of cash flows	$ 73,332	$ 73,890	$ 49,734	$ 54,253	$ 36,599

Leases - Additional Information

Leases - Additional Information (Details) - USD ($) $ in Billions	Mar. 31, 2024	Dec. 31, 2023
Leases [Abstract]
Gross assets acquired under finance leases, location	Property and equipment, net	Property and equipment, net
Gross assets acquired under finance leases	$ 60.9	$ 62.5
Accumulated amortization associated with finance leases	$ 44	$ 44.7

Leases - Lease Cost (Details)

Leases - Lease Cost (Details) - USD ($) $ in Millions	3 Months Ended
Leases - Lease Cost (Details) - USD ($) $ in Millions	Mar. 31, 2024	Mar. 31, 2023
Leases [Abstract]
Operating lease cost	$ 2,829	$ 2,512
Finance lease cost:
Amortization of lease assets	941	1,546
Interest on lease liabilities	73	80
Finance lease cost	1,014	1,626
Variable lease cost	635	518
Total lease cost	$ 4,478	$ 4,656

Leases - Other Operating and Fi

Leases - Other Operating and Finance Lease Information (Details)	Mar. 31, 2024	Dec. 31, 2023
Leases [Abstract]
Weighted-average remaining lease term – operating leases	11 years 2 months 12 days	11 years 3 months 18 days
Weighted-average remaining lease term – finance leases	12 years	11 years 10 months 24 days
Weighted-average discount rate – operating leases	3.30%	3.30%
Weighted-average discount rate – finance leases	2.80%	2.70%

Leases - Operating and Finance

Leases - Operating and Finance Lease Liability Reconciliation (Details) - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Leases [Abstract]
Total operating lease liabilities	$ 91,419	$ 90,777
Total finance lease liabilities	13,262	14,106
Gross lease liabilities	104,681	104,883
Imputed interest - operating leases	(15,400)	(15,138)
Imputed interest - finance leases	(2,022)	(1,997)
Imputed interest	(17,422)	(17,135)
Present value of operating leases	76,019	75,639
Present value of finance leases	11,240	12,109
Present value of lease liabilities	$ 87,259	$ 87,748
Operating lease liability, current, location	Accrued expenses and other	Accrued expenses and other
Finance lease liability, current location	Accrued expenses and other	Accrued expenses and other
Current portion of operating lease liabilities	$ (8,581)	$ (8,419)
Current portion of finance lease liabilities	(1,626)	(2,032)
Current portion of lease liabilities	$ (10,207)	$ (10,451)
Operating lease liability, long-term, location	Total long-term lease liabilities	Total long-term lease liabilities
Finance lease liability, long-term, location	Total long-term lease liabilities	Total long-term lease liabilities
Total long-term operating lease liabilities	$ 67,438	$ 67,220
Total long-term finance lease liabilities	9,614	10,077
Total long-term lease liabilities	$ 77,052	$ 77,297

Commitments and Contingencies -

Commitments and Contingencies - Commitments (Details) - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Long-term debt principal and interest
2024	$ 10,335
2025	7,011
2026	4,679
2027	10,403
2028	3,644
Thereafter	60,176
Total	96,248
Operating lease liabilities
2024	8,202
2025	10,276
2026	9,531
2027	8,708
2028	7,908
Thereafter	46,794
Total operating lease liabilities	91,419	$ 90,777
Finance lease liabilities, including interest
2024	1,478
2025	1,460
2026	1,376
2027	1,156
2028	1,024
Thereafter	6,768
Total finance lease liabilities	13,262	14,106
Financing obligations, including interest
2024	319
2025	466
2026	473
2027	481
2028	488
Thereafter	6,330
Total	8,557
Leases not yet commenced
2024	1,692
2025	2,579
2026	2,712
2027	2,759
2028	2,893
Thereafter	24,187
Total	36,822
Unconditional purchase obligations
2024	7,322
2025	8,278
2026	6,336
2027	4,862
2028	2,341
Thereafter	10,730
Total	39,869
Other commitments
2024	2,690
2025	1,634
2026	1,168
2027	767
2028	689
Thereafter	9,436
Total	16,384
Total commitments
2024	32,038
2025	31,704
2026	26,275
2027	29,136
2028	18,987
Thereafter	164,421
Total	302,561
Financing obligations, current	269	271
Financing obligations, noncurrent	$ 6,500	$ 6,600
Financing obligations, weighted-average remaining term	16 years 8 months 12 days	17 years
Financing obligations, weighted-average imputed interest rate	3.10%	3.10%
Accrued tax contingencies	$ 5,500	$ 5,200

Commitments and Contingencies_2

Commitments and Contingencies - Legal Proceedings (Details) - Jury Verdict Which Company Will Appeal - USD ($) $ in Millions	1 Months Ended
	Apr. 30, 2024	Mar. 31, 2023
Legal Proceedings With Rensselaer Polytechnic Institute And CF Dynamic Advances LLC Member \| Minimum
Loss Contingencies [Line Items]
Estimate of possible loss		$ 140
Legal Proceedings With Rensselaer Polytechnic Institute And CF Dynamic Advances LLC Member \| Maximum
Loss Contingencies [Line Items]
Estimate of possible loss		$ 267
Kove IO, Inc. Matter \| Subsequent Event
Loss Contingencies [Line Items]
Damages awarded	$ 525

Debt - Additional Information (

Debt - Additional Information (Details)	1 Months Ended	3 Months Ended
Debt - Additional Information (Details)	Jan. 31, 2023 USD ($)	Mar. 31, 2024 USD ($) extension	Mar. 31, 2024 EUR (€)	Feb. 29, 2024 USD ($)	Dec. 31, 2023 USD ($)
Debt Instrument [Line Items]
Total face value of long-term debt		$ 66,852,000,000			$ 67,182,000,000
Short-term debt		$ 50,000,000			147,000,000
Term Loan \| Loans Payable
Debt Instrument [Line Items]
Issuance amount	$ 8,000,000,000
Debt term	364 days
Term Loan \| Secured Overnight Financing Rate \| Loans Payable
Debt Instrument [Line Items]
Basis spread on variable rate (as a percent)	0.75%
Commercial Paper
Debt Instrument [Line Items]
Debt term		397 days
Commercial paper, maximum borrowing capacity		$ 20,000,000,000	€ 3,000,000,000
Commercial paper		$ 0
Short Term Credit Agreement \| Credit Facility
Debt Instrument [Line Items]
Debt term		364 days
Short-term debt		$ 0			0
The Credit Agreement \| Credit Facility
Debt Instrument [Line Items]
Basis spread on variable rate (as a percent)		0.45%
Revolving credit facility maximum borrowing capacity		$ 15,000,000,000
Commitment fee percentage		0.03%
November 2023 Short-Term Credit Agreement \| Credit Facility
Debt Instrument [Line Items]
Basis spread on variable rate (as a percent)		0.45%
Revolving credit facility maximum borrowing capacity		$ 5,000,000,000
Commitment fee percentage		0.03%
Number of term extensions \| extension		1
Additional term		364 days
Revolving Credit Facility \| Credit Facility
Debt Instrument [Line Items]
Short-term debt		$ 0			0
Senior Notes
Debt Instrument [Line Items]
Total face value of long-term debt		66,500,000,000
Estimated fair value of notes		59,400,000,000			60,600,000,000
Credit Facility \| Revolving Credit Facility
Debt Instrument [Line Items]
Total face value of long-term debt		352,000,000			682,000,000
Credit Facility \| Revolving Credit Facility \| October 2016 Revolving Credit Facility
Debt Instrument [Line Items]
Revolving credit facility maximum borrowing capacity		$ 352,000,000		$ 1,500,000,000
Commitment fee percentage		0.45%
Borrowings outstanding		$ 352,000,000			$ 682,000,000
Weighted average interest rate		6.60%	6.60%		6.60%
Collateral amount		$ 466,000,000			$ 806,000,000
Credit Facility \| Revolving Credit Facility \| October 2016 Revolving Credit Facility \| Secured Overnight Financing Rate
Debt Instrument [Line Items]
Basis spread on variable rate (as a percent)		1.25%
Credit Facility \| Revolving Credit Facility \| April 2018 Revolving Credit Facility
Debt Instrument [Line Items]
Additional term		1 year
Credit Facility \| Letter of Credit \| April 2018 Revolving Credit Facility
Debt Instrument [Line Items]
Unused letters of credit		$ 8,500,000,000

Debt - Long-Term Debt Obligatio

Debt - Long-Term Debt Obligations (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Dec. 31, 2023
Debt Instrument [Line Items]
Face value of long-term debt	$ 66,852	$ 67,182
Less: current portion of long-term debt	(8,848)	(8,494)
Long-term debt	57,634	58,314
Senior Notes
Debt Instrument [Line Items]
Face value of long-term debt	66,500
Unamortized discount and issuance costs, net	$ (370)	(374)
Weighted average remaining lives term	12 years 4 months 24 days
Senior Notes \| 2014 Notes issuance of $6.0 billion
Debt Instrument [Line Items]
Issuance amount	$ 6,000
Face value of long-term debt	$ 4,000	4,000
Weighted average remaining lives term	11 years 3 months 18 days
Senior Notes \| 2014 Notes issuance of $6.0 billion \| Minimum
Debt Instrument [Line Items]
Stated Interest Rates	3.80%
Effective Interest Rates	3.90%
Senior Notes \| 2014 Notes issuance of $6.0 billion \| Maximum
Debt Instrument [Line Items]
Stated Interest Rates	4.95%
Effective Interest Rates	5.12%
Senior Notes \| 2017 Notes issuance of $17.0 billion
Debt Instrument [Line Items]
Issuance amount	$ 17,000
Face value of long-term debt	$ 15,000	15,000
Weighted average remaining lives term	13 years 10 months 24 days
Senior Notes \| 2017 Notes issuance of $17.0 billion \| Minimum
Debt Instrument [Line Items]
Stated Interest Rates	2.80%
Effective Interest Rates	2.95%
Senior Notes \| 2017 Notes issuance of $17.0 billion \| Maximum
Debt Instrument [Line Items]
Stated Interest Rates	5.20%
Effective Interest Rates	4.33%
Senior Notes \| 2020 Notes issuance of $10.0 billion
Debt Instrument [Line Items]
Issuance amount	$ 10,000
Face value of long-term debt	$ 9,000	9,000
Weighted average remaining lives term	17 years 3 months 18 days
Senior Notes \| 2020 Notes issuance of $10.0 billion \| Minimum
Debt Instrument [Line Items]
Stated Interest Rates	0.80%
Effective Interest Rates	0.88%
Senior Notes \| 2020 Notes issuance of $10.0 billion \| Maximum
Debt Instrument [Line Items]
Stated Interest Rates	2.70%
Effective Interest Rates	2.77%
Senior Notes \| 2021 Notes issuance of $18.5 billion
Debt Instrument [Line Items]
Issuance amount	$ 18,500
Face value of long-term debt	$ 17,500	17,500
Weighted average remaining lives term	12 years 9 months 18 days
Senior Notes \| 2021 Notes issuance of $18.5 billion \| Minimum
Debt Instrument [Line Items]
Stated Interest Rates	0.45%
Effective Interest Rates	0.57%
Senior Notes \| 2021 Notes issuance of $18.5 billion \| Maximum
Debt Instrument [Line Items]
Stated Interest Rates	3.25%
Effective Interest Rates	3.31%
Senior Notes \| April 2022 Notes issuance of $12.8 billion
Debt Instrument [Line Items]
Issuance amount	$ 12,800
Face value of long-term debt	$ 12,750	12,750
Weighted average remaining lives term	12 years
Senior Notes \| April 2022 Notes issuance of $12.8 billion \| Minimum
Debt Instrument [Line Items]
Stated Interest Rates	2.73%
Effective Interest Rates	2.83%
Senior Notes \| April 2022 Notes issuance of $12.8 billion \| Maximum
Debt Instrument [Line Items]
Stated Interest Rates	4.10%
Effective Interest Rates	4.15%
Senior Notes \| December 2022 Notes issuance of $8.3 billion
Debt Instrument [Line Items]
Issuance amount	$ 8,300
Face value of long-term debt	$ 8,250	8,250
Weighted average remaining lives term	4 years 7 months 6 days
Senior Notes \| December 2022 Notes issuance of $8.3 billion \| Minimum
Debt Instrument [Line Items]
Stated Interest Rates	4.55%
Effective Interest Rates	4.61%
Senior Notes \| December 2022 Notes issuance of $8.3 billion \| Maximum
Debt Instrument [Line Items]
Stated Interest Rates	4.70%
Effective Interest Rates	4.83%
Credit Facility \| Revolving Credit Facility
Debt Instrument [Line Items]
Face value of long-term debt	$ 352	$ 682

Stockholders' Equity - Addition

Stockholders' Equity - Additional Information (Details) - USD ($) shares in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023	Mar. 31, 2022
Class of Stock [Line Items]
Stock repurchases (in shares)	0	0
Stock repurchase, remaining authorized amount	$ 6,100,000,000
Common shares outstanding plus underlying outstanding stock awards (in shares)	10,800		10,800
Net unrecognized compensation cost related to unvested stock-based compensation arrangements	$ 14,700,000,000
Compensation expense expected to be expensed in next twelve months expected to exceed, percentage	50%
Net unrecognized compensation cost related to unvested stock-based compensation arrangements, weighted average recognition period (in years)	10 months 24 days
Estimated forfeiture rate	26.10%		26.10%
Minimum
Class of Stock [Line Items]
Award vesting period	2 years
Maximum
Class of Stock [Line Items]
Award vesting period	5 years
March 2022 Program
Class of Stock [Line Items]
Stock repurchase, authorized amount				$ 10,000,000,000

Stockholders' Equity - Stock-ba

Stockholders' Equity - Stock-based Compensation Expense (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation expense	$ 4,961	$ 4,748
Cost of sales
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation expense	174	165
Fulfillment
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation expense	636	603
Technology and infrastructure
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation expense	2,772	2,574
Sales and marketing
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation expense	932	993
General and administrative
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation expense	$ 447	$ 413

Stockholders' Equity - Restrict

Stockholders' Equity - Restricted Stock Unit Activity (Details) - Restricted Stock Units shares in Millions	3 Months Ended
	Mar. 31, 2024 $ / shares shares
Number of Units
Beginning balance (in shares) \| shares	405.8
Units granted (in shares) \| shares	10.7
Units vested (in shares) \| shares	(20)
Units forfeited (in shares) \| shares	(11.6)
Ending balance (in shares) \| shares	384.9
Weighted-Average Grant-Date Fair Value
Beginning balance (in usd per share) \| $ / shares	$ 125
Units granted (in usd per share) \| $ / shares	166
Units vested (in usd per share) \| $ / shares	140
Units forfeited (in usd per share) \| $ / shares	126
Ending balance (in usd per share) \| $ / shares	$ 126

Stockholders' Equity - Schedule

Stockholders' Equity - Scheduled Vesting for Outstanding Restricted Stock Units (Details) - Restricted Stock Units - shares shares in Millions	Mar. 31, 2024	Dec. 31, 2023
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
2024 (in shares)	195
2025 (in shares)	122
2026 (in shares)	50.1
2027 (in shares)	14
2028 (in shares)	2.1
Thereafter (in shares)	1.7
Total (in shares)	384.9	405.8

Stockholders' Equity - Changes

Stockholders' Equity - Changes in Stockholders Equity (Details) - USD ($) $ in Millions	3 Months Ended		12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2024	Dec. 31, 2023	Mar. 31, 2023
Changes in Stockholders' Equity
Beginning balance	$ 201,875	$ 146,043	$ 154,526	$ 146,043
Other comprehensive income (loss)	(558)	514
Net income	10,431	3,172	37,684		$ 4,294
Ending balance	216,661	154,526	216,661	201,875	154,526
Common stock
Changes in Stockholders' Equity
Beginning balance	109	108	108	108
Ending balance	109	108	109	109	108
Treasury stock
Changes in Stockholders' Equity
Beginning balance	(7,837)	(7,837)	(7,837)	(7,837)
Ending balance	(7,837)	(7,837)	(7,837)	(7,837)	(7,837)
Additional paid-in capital
Changes in Stockholders' Equity
Beginning balance	99,025	75,066	79,863	75,066
Stock-based compensation and issuance of employee benefit plan stock	4,913	4,797
Ending balance	103,938	79,863	103,938	99,025	79,863
Accumulated other comprehensive income (loss)
Changes in Stockholders' Equity
Beginning balance	(3,040)	(4,487)	(3,973)	(4,487)
Other comprehensive income (loss)	(558)	514
Ending balance	(3,598)	(3,973)	(3,598)	(3,040)	(3,973)
Retained earnings
Changes in Stockholders' Equity
Beginning balance	113,618	83,193	86,365	83,193
Net income	10,431	3,172
Ending balance	$ 124,049	$ 86,365	$ 124,049	$ 113,618	$ 86,365

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended		12 Months Ended
Income Taxes (Details) - USD ($) $ in Millions	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Income Tax Disclosure [Abstract]
Provision (benefit) for income taxes	$ 2,467	$ 948
Net discrete tax benefit	558	(48)
Cash paid for income taxes, net of refunds	458	$ 619	$ 11,018	$ 6,201
Tax contingencies	$ 5,500		$ 5,500		$ 5,200

Segment Information - Reportabl

Segment Information - Reportable Segments and Reconciliation to Consolidated Net Income (Details) $ in Millions	3 Months Ended		12 Months Ended
	Mar. 31, 2024 USD ($) segment	Mar. 31, 2023 USD ($)	Mar. 31, 2024 USD ($)	Mar. 31, 2023 USD ($)
Segment Reporting [Abstract]
Number of operating segments \| segment	3
Segment Reporting Disclosure [Line Items]
Net sales	$ 143,313	$ 127,358
Operating expenses	128,006	122,584
Operating income	15,307	4,774
Total non-operating expense	(2,324)	(655)
Provision for income taxes	(2,467)	(948)
Equity-method investment activity, net of tax	(85)	1
Net income	10,431	3,172	$ 37,684	$ 4,294
North America
Segment Reporting Disclosure [Line Items]
Net sales	86,341	76,881
Operating expenses	81,358	75,983
Operating income	4,983	898
International
Segment Reporting Disclosure [Line Items]
Net sales	31,935	29,123
Operating expenses	31,032	30,370
Operating income	903	(1,247)
AWS
Segment Reporting Disclosure [Line Items]
Net sales	25,037	21,354
Operating expenses	15,616	16,231
Operating income	$ 9,421	$ 5,123

Segment Information - Disaggreg

Segment Information - Disaggregation of Revenue (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Disaggregation of Revenue [Line Items]
Total net sales	$ 143,313	$ 127,358
Online stores
Disaggregation of Revenue [Line Items]
Total net sales	54,670	51,096
Physical stores
Disaggregation of Revenue [Line Items]
Total net sales	5,202	4,895
Third-party seller services
Disaggregation of Revenue [Line Items]
Total net sales	34,596	29,820
Advertising services
Disaggregation of Revenue [Line Items]
Total net sales	11,824	9,509
Subscription services
Disaggregation of Revenue [Line Items]
Total net sales	10,722	9,657
AWS
Disaggregation of Revenue [Line Items]
Total net sales	25,037	21,354
Other
Disaggregation of Revenue [Line Items]
Total net sales	$ 1,262	$ 1,027