Amazon.com (AMZN) 10-Q31 Oct 242024 Q3 Quarterly reportFinancial data

Company Profile

Cover

Cover - shares	9 Months Ended
Cover - shares	Sep. 30, 2024	Oct. 18, 2024
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 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		10,515,011,008
Amendment Flag	false
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q3
Entity Central Index Key	0001018724
Current Fiscal Year End Date	--12-31

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Millions	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Statement of Cash Flows [Abstract]
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH, BEGINNING OF PERIOD	$ 71,673	$ 50,067	$ 73,890	$ 54,253	$ 50,081	$ 35,178
OPERATING ACTIVITIES:
Net income	15,328	9,879	39,244	19,801	49,868	20,079
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	13,442	12,131	37,164	34,843	50,984	47,528
Stock-based compensation	5,333	5,829	17,016	17,704	23,335	23,310
Non-operating expense (income), net	(141)	(990)	2,498	(409)	2,159	3,036
Deferred income taxes	(1,317)	(1,196)	(3,040)	(4,412)	(4,504)	(7,779)
Changes in operating assets and liabilities:
Inventories	(1,509)	808	(2,818)	(1,194)	(175)	1,986
Accounts receivable, net and other	(701)	(3,584)	774	(901)	(6,673)	(5,641)
Other assets	(4,537)	(3,134)	(10,293)	(9,463)	(13,095)	(13,511)
Accounts payable	(477)	2,820	(5,754)	(5,415)	5,134	4,437
Accrued expenses and other	129	(1,321)	(6,946)	(9,022)	(352)	(3,245)
Unearned revenue	421	(25)	2,396	949	6,025	1,454
Net cash provided by (used in) operating activities	25,971	21,217	70,241	42,481	112,706	71,654
INVESTING ACTIVITIES:
Purchases of property and equipment	(22,620)	(12,479)	(55,165)	(38,141)	(69,753)	(54,733)
Proceeds from property and equipment sales and incentives	1,342	1,181	3,559	3,361	4,794	4,513
Acquisitions, net of cash acquired, non-marketable investments, and other	(622)	(1,629)	(4,547)	(5,458)	(4,928)	(6,289)
Sales and maturities of marketable securities	8,069	1,393	12,726	4,059	14,294	9,742
Purchases of marketable securities	(3,068)	(219)	(13,472)	(1,053)	(13,907)	(1,286)
Net cash provided by (used in) investing activities	(16,899)	(11,753)	(56,899)	(37,232)	(69,500)	(48,053)
FINANCING ACTIVITIES:
Proceeds from short-term debt, and other	1,725	216	2,588	17,395	3,322	28,002
Repayments of short-term debt, and other	(1,820)	(8,095)	(2,453)	(19,339)	(8,791)	(35,136)
Proceeds from long-term debt	0	0	0	0	0	8,235
Repayments of long-term debt	(2,183)	0	(6,682)	(3,386)	(6,972)	(4,643)
Principal repayments of finance leases	(402)	(1,005)	(1,710)	(3,605)	(2,489)	(5,245)
Principal repayments of financing obligations	(78)	(64)	(247)	(198)	(320)	(260)
Net cash provided by (used in) financing activities	(2,758)	(8,948)	(8,504)	(9,133)	(15,250)	(9,047)
Foreign currency effect on cash, cash equivalents, and restricted cash	690	(502)	(51)	(288)	640	349
Net increase (decrease) in cash, cash equivalents, and restricted cash	7,004	14	4,787	(4,172)	28,596	14,903
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH, END OF PERIOD	$ 78,677	$ 50,081	$ 78,677	$ 50,081	$ 78,677	$ 50,081

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Total net sales	$ 158,877	$ 143,083	$ 450,167	$ 404,824
Operating expenses:
Cost of sales	80,977	75,022	227,395	212,186
Fulfillment	24,660	22,314	70,543	64,524
Technology and infrastructure	22,245	21,203	64,973	63,584
Sales and marketing	10,609	10,551	30,783	31,468
General and administrative	2,713	2,561	8,496	8,806
Other operating expense (income), net	262	244	587	613
Total operating expenses	141,466	131,895	402,777	381,181
Operating income	17,411	11,188	47,390	23,643
Interest income	1,256	776	3,429	2,048
Interest expense	(603)	(806)	(1,836)	(2,469)
Other income (expense), net	(27)	1,031	(2,718)	649
Total non-operating income (expense)	626	1,001	(1,125)	228
Income before income taxes	18,037	12,189	46,265	23,871
Provision for income taxes	(2,706)	(2,306)	(6,940)	(4,058)
Equity-method investment activity, net of tax	(3)	(4)	(81)	(12)
Net income	$ 15,328	$ 9,879	$ 39,244	$ 19,801
Basic earnings per share (in usd per share)	$ 1.46	$ 0.96	$ 3.76	$ 1.93
Diluted earnings per share (in usd per share)	$ 1.43	$ 0.94	$ 3.67	$ 1.89
Weighted-average shares used in computation of earnings per share:
Basic (in shares)	10,501	10,322	10,447	10,286
Diluted (in shares)	10,735	10,558	10,705	10,452
Product
Total net sales	$ 67,601	$ 63,171	$ 190,085	$ 179,184
Service
Total net sales	$ 91,276	$ 79,912	$ 260,082	$ 225,640

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Statement of Comprehensive Income [Abstract]
Net income	$ 15,328	$ 9,879	$ 39,244	$ 19,801
Other comprehensive income (loss):
Foreign currency translation adjustments, net of tax of $36, $(45), $4, and $43	1,911	(1,388)	178	(738)
Available-for-sale debt securities:
Change in net unrealized gains (losses), net of tax of $(18), $(55), $(52), and $(282)	167	62	944	174
Less: reclassification adjustment for losses (gains) included in “Other income (expense), net,” net of tax of $0, $0, $(15), and $(1)	0	3	4	48
Net change	167	65	948	222
Other, net of tax of $0, $3, $0, and $1	(3)	0	(4)	0
Total other comprehensive income (loss)	2,075	(1,323)	1,122	(516)
Comprehensive income	$ 17,403	$ 8,556	$ 40,366	$ 19,285

Consolidated Statements of Co_2

Consolidated Statements of Comprehensive Income (Parenthetical) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Statement of Comprehensive Income [Abstract]
Foreign currency translation adjustments, tax	$ (45)	$ 36	$ 43	$ 4
Unrealized gains (losses), tax	(55)	(18)	(282)	(52)
Reclassification adjustment for losses (gains) included in “Other income (expense), net,”	0	0	(1)	(15)
Other comprehensive income, other, tax	$ 3	$ 0	$ 1	$ 0

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 75,091	$ 73,387
Marketable securities	12,960	13,393
Inventories	36,103	33,318
Accounts receivable, net and other	51,638	52,253
Total current assets	175,792	172,351
Property and equipment, net	237,917	204,177
Operating leases	76,527	72,513
Goodwill	23,081	22,789
Other assets	71,309	56,024
Total assets	584,626	527,854
Current liabilities:
Accounts payable	84,570	84,981
Accrued expenses and other	60,602	64,709
Unearned revenue	16,305	15,227
Total current liabilities	161,477	164,917
Long-term lease liabilities	79,802	77,297
Long-term debt	54,890	58,314
Other long-term liabilities	29,306	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 11,026 shares issued; 10,383 and 10,511 shares outstanding)	110	109
Treasury stock, at cost	(7,837)	(7,837)
Additional paid-in capital	115,934	99,025
Accumulated other comprehensive income (loss)	(1,918)	(3,040)
Retained earnings	152,862	113,618
Total stockholders’ equity	259,151	201,875
Total liabilities and stockholders’ equity	$ 584,626	$ 527,854

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Sep. 30, 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)	11,026,000,000	10,898,000,000
Common stock, outstanding (in shares)	10,511,000,000	10,383,000,000

Accounting Policies and Supplem

Accounting Policies and Supplemental Disclosures	9 Months Ended
Accounting Policies and Supplemental Disclosures	Sep. 30, 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. 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 Nine Months Ended Twelve Months Ended 2023 2024 2023 2024 2023 2024 SUPPLEMENTAL CASH FLOW INFORMATION: Cash paid for interest on debt, net of capitalized interest $ 465 $ 266 $ 1,821 $ 1,215 $ 2,450 $ 2,002 Cash paid for operating leases 2,692 2,940 7,687 9,116 10,052 11,882 Cash paid for interest on finance leases 76 71 234 217 318 291 Cash paid for interest on financing obligations 50 47 150 161 205 207 Cash paid for income taxes, net of refunds 2,628 2,004 6,982 8,162 8,677 12,359 Assets acquired under operating leases 3,345 3,571 11,075 11,235 15,844 14,212 Property and equipment acquired under finance leases, net of remeasurements and modifications 183 186 431 409 748 620 Property and equipment recognized during the construction period of build-to-suit lease arrangements 93 21 308 89 618 138 Property and equipment derecognized after the construction period of build-to-suit lease arrangements, with the associated leases recognized as operating 492 — 1,212 — 3,063 162 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 Nine Months Ended 2023 2024 2023 2024 Shares used in computation of basic earnings per share 10,322 10,501 10,286 10,447 Total dilutive effect of outstanding stock awards 236 234 166 258 Shares used in computation of diluted earnings per share 10,558 10,735 10,452 10,705 Other Income (Expense), Net “Other income (expense), net” is as follows (in millions): Three Months Ended Nine Months Ended 2023 2024 2023 2024 Marketable equity securities valuation gains (losses) $ 1,196 $ (117) $ 1,015 $ (1,800) Equity warrant valuation gains (losses) (27) 80 (188) (421) Upward adjustments relating to equity investments in private companies 7 2 33 13 Foreign currency gains (losses) (94) 17 (15) (195) Other, net (51) (9) (196) (315) Total other income (expense), net 1,031 (27) 649 (2,718) Included in “Other income (expense), net” is a marketable equity securities valuation gain (loss) of $1.2 billion and $(348) million in Q3 2023 and Q3 2024, and $926 million and $(1.9) billion for the nine months ended September 30, 2023 and 2024, from our equity investment in Rivian Automotive, Inc. (“Rivian”). As of September 30, 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 $1.8 billion as of December 31, 2023 and September 30, 2024. Required summarized financial information of Rivian as disclosed in its most recent SEC filings is as follows (in millions): Six Months Ended June 30, 2023 2024 Revenues $ 1,782 $ 2,362 Gross profit (loss) (947) (978) Loss from operations (2,718) (2,859) Net loss (2,544) (2,903) 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 $2.7 billion as of December 31, 2023 and September 30, 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 September 30, 2024, customer receivables, net, were $34.1 billion and $34.6 billion, vendor receivables, net, were $8.5 billion and $8.3 billion, seller receivables, net, were $1.0 billion and $60 million, and other receivables, net, were $3.3 billion and $3.0 billion. Seller receivables are amounts due from sellers related to our seller lending program, which provided funding to sellers primarily to procure inventory. Prepaid expenses and other current assets were $5.4 billion and $5.8 billion as of December 31, 2023 and September 30, 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 and $1.9 billion as of December 31, 2023 and September 30, 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 $12.5 billion was recognized as revenue during the nine months ended September 30, 2024. Included in “Other long-term liabilities” on our consolidated balance sheets was $5.7 billion and $7.0 billion of unearned revenue as of December 31, 2023 and September 30, 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 approximately $164 billion as of September 30, 2024. The weighted-average remaining life of our long-term contracts is 3.9 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 In December 2023, the Financial Accounting Standards Board issued an Accounting Standards Update (“ASU”) amending existing income tax disclosure guidance, primarily requiring more detailed disclosure for income taxes paid and the effective tax rate reconciliation. The ASU is effective for annual reporting periods beginning after December 15, 2024, with

Financial Instruments

Financial Instruments	9 Months Ended
Financial Instruments	Sep. 30, 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 September 30, 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 September 30, 2024 Total Cost or Gross Gross Total Cash $ 11,706 $ 15,401 $ — $ — $ 15,401 Level 1 securities: Money market funds 39,160 28,793 — — 28,793 Equity securities (1) 4,658 2,864 Level 2 securities: Foreign government and agency securities 505 302 — — 302 U.S. government and agency securities 1,699 2,309 1 (51) 2,259 Corporate debt securities 27,805 41,001 7 (52) 40,956 Asset-backed securities 1,646 1,018 1 (20) 999 Other debt securities 104 64 — (1) 63 $ 87,283 $ 88,888 $ 9 $ (124) $ 91,637 Less: Restricted cash, cash equivalents, and marketable securities (2) (503) (3,586) Total cash, cash equivalents, and marketable securities $ 86,780 $ 88,051 ___________________ (1) The related unrealized gain (loss) recorded in “Other income (expense), net” was $1.2 billion and $(145) million in Q3 2023 and Q3 2024, and $1.0 billion and $(1.8) billion for the nine months ended September 30, 2023 and 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, standby and trade letters of credit, and licenses of digital media content. 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 September 30, 2024 (in millions): Amortized Estimated Due within one year $ 69,997 $ 69,976 Due after one year through five years 2,536 2,481 Due after five years through ten years 352 345 Due after ten years 602 570 Total $ 73,487 $ 73,372 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 September 30, 2024, these warrants had a fair value of $2.2 billion and $2.4 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 September 30, 2024, equity investments not accounted for under the equity-method and without readily determinable fair values had a carrying value of $754 million and $886 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 September 30, 2024 Cash and cash equivalents $ 73,387 $ 75,091 Restricted cash included in accounts receivable, net and other 497 333 Restricted cash included in other assets 6 3,253 Total cash, cash equivalents, and restricted cash shown in the consolidated statements of cash flows $ 73,890 $ 78,677

Leases

Leases	9 Months Ended
Leases	Sep. 30, 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 September 30, Nine Months Ended September 30, 2023 2024 2023 2024 Operating lease cost $ 2,679 $ 3,057 $ 7,799 $ 8,807 Finance lease cost: Amortization of lease assets 1,439 1,040 4,524 2,929 Interest on lease liabilities 74 70 230 215 Finance lease cost 1,513 1,110 4,754 3,144 Variable lease cost 567 605 1,579 1,832 Total lease cost $ 4,759 $ 4,772 $ 14,132 $ 13,783 Other information about lease amounts recognized in our consolidated financial statements is as follows: December 31, 2023 September 30, 2024 Weighted-average remaining lease term – operating leases 11.3 years 10.7 years Weighted-average remaining lease term – finance leases 11.9 years 12.0 years Weighted-average discount rate – operating leases 3.3 % 3.4 % Weighted-average discount rate – finance leases 2.7 % 2.9 % 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 September 30, 2024 Operating Leases Finance Leases Total Gross lease liabilities $ 95,609 $ 12,794 $ 108,403 Less: imputed interest (15,932) (1,975) (17,907) Present value of lease liabilities 79,677 10,819 90,496 Less: current portion of lease liabilities (9,301) (1,393) (10,694) Total long-term lease liabilities $ 70,376 $ 9,426 $ 79,802
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 September 30, Nine Months Ended September 30, 2023 2024 2023 2024 Operating lease cost $ 2,679 $ 3,057 $ 7,799 $ 8,807 Finance lease cost: Amortization of lease assets 1,439 1,040 4,524 2,929 Interest on lease liabilities 74 70 230 215 Finance lease cost 1,513 1,110 4,754 3,144 Variable lease cost 567 605 1,579 1,832 Total lease cost $ 4,759 $ 4,772 $ 14,132 $ 13,783 Other information about lease amounts recognized in our consolidated financial statements is as follows: December 31, 2023 September 30, 2024 Weighted-average remaining lease term – operating leases 11.3 years 10.7 years Weighted-average remaining lease term – finance leases 11.9 years 12.0 years Weighted-average discount rate – operating leases 3.3 % 3.4 % Weighted-average discount rate – finance leases 2.7 % 2.9 % 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 September 30, 2024 Operating Leases Finance Leases Total Gross lease liabilities $ 95,609 $ 12,794 $ 108,403 Less: imputed interest (15,932) (1,975) (17,907) Present value of lease liabilities 79,677 10,819 90,496 Less: current portion of lease liabilities (9,301) (1,393) (10,694) Total long-term lease liabilities $ 70,376 $ 9,426 $ 79,802

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
Commitments and Contingencies	Sep. 30, 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 September 30, 2024 (in millions): Three Months Ended December 31, Year Ended December 31, 2024 2025 2026 2027 2028 Thereafter Total Long-term debt principal and interest $ 3,268 $ 6,858 $ 4,458 $ 10,403 $ 3,644 $ 60,176 $ 88,807 Operating lease liabilities 3,758 11,434 10,686 9,755 8,874 51,102 95,609 Finance lease liabilities, including interest 456 1,545 1,428 1,247 1,083 7,035 12,794 Financing obligations, including interest (1) 95 526 534 543 551 7,247 9,496 Leases not yet commenced 621 2,919 3,262 3,779 3,627 36,127 50,335 Unconditional purchase obligations (2) 2,782 7,302 5,546 4,705 4,097 27,092 51,524 Other commitments (3) 1,302 2,398 1,315 855 792 11,116 17,778 Total commitments $ 12,282 $ 32,982 $ 27,229 $ 31,287 $ 22,668 $ 199,895 $ 326,343 ___________________ (1) Includes non-cancellable financing obligations for fulfillment network and data center facilities. Excluding interest, current financing obligations of $271 million and $313 million are recorded within “Accrued expenses and other” and $6.6 billion and $7.5 billion are recorded within “Other long-term liabilities” as of December 31, 2023 and September 30, 2024. The weighted-average remaining term of the financing obligations was 17.0 years and 16.4 years and the weighted-average imputed interest rate was 3.1% and 2.9% as of December 31, 2023 and September 30, 2024. (2) Includes unconditional purchase obligations related to long-term agreements to acquire and license digital media content, procure energy, and license software that are not reflected on the consolidated balance sheets. For those 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 $6.3 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 and in Item 1 of Part I, “Financial Statements — Note 4 — Commitments and Contingencies — Legal Proceedings” of our Quarterly Reports on Form 10-Q for the periods ended March 31, 2024 and June 30, 2024, as supplemented by the following: 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. In August 2024, the court awarded Kove $148 million in pre-judgment interest. In September 2024, we filed a notice of appeal. We disagree with the jury’s findings and will continue to defend ourselves vigorously in this matter. Beginning in March 2020 with Frame-Wilson v. Amazon.com, Inc. filed in the United States District Court for the Western District of Washington (“W.D. Wash.”), private litigants have filed a number of cases in the U.S. and Canada alleging, among other things, price fixing arrangements between Amazon.com, Inc. and vendors and third-party sellers in Amazon’s stores, monopolization and attempted monopolization, and consumer protection and unjust enrichment claims. Attorneys General for the District of Columbia and California brought similar suits in May 2021 and September 2022 in the Superior Court of the District of Columbia and the California Superior Court for the County of San Francisco, respectively. Some of the private cases include allegations of several distinct purported classes, including consumers who purchased a product through Amazon’s stores and consumers who purchased a product offered by Amazon through another e-commerce retailer. The complaints seek billions of dollars of alleged damages, treble damages, punitive damages, injunctive relief, civil penalties, attorneys’ fees, and costs. The Federal Trade Commission and a number of state Attorneys General filed a similar lawsuit in September 2023 in the W.D. Wash. alleging violations of federal antitrust and state antitrust and consumer protection laws. That complaint alleges, among other things, that Amazon has a monopoly in markets for online superstores and marketplace services, and unlawfully maintains those monopolies through anticompetitive practices relating to our pricing policies, advertising practices, the structure of Prime, and promotion of our own products on our website. The complaint seeks injunctive and structural relief, an unspecified amount of damages, and costs. In May 2024, the Attorney General of Arizona filed a complaint in the Superior Court of Arizona in Maricopa County alleging that Amazon’s practices related to pricing and the Featured Offers in its stores violate state antitrust and consumer protection laws. That complaint also seeks injunctive relief, an unspecified amount of damages, civil penalties, and costs. Amazon’s motions to dismiss were granted in part and denied in part in Frame-Wilson in March 2022 and March 2023, De Coster v. Amazon.com, Inc. (W.D. Wash.) in January 2023, and the California Attorney General’s lawsuit in March 2023. All three courts dismissed claims alleging that Amazon’s pricing policies are inherently illegal and denied dismissal of claims alleging that Amazon’s pricing policies are an unlawful restraint of trade. In August 2024, the DC Court of Appeals overturned a prior decision by the DC Superior Court dismissing the DC Attorney General’s lawsuit and that case is now proceeding. In September 2024, the United States District Court for the W.D. Wash. granted in part Amazon’s motion to dismiss the suit brought by the FTC and certain state Attorneys General with respect to five state law claims and denied the motion with respect to the remaining claims. We dispute the allegations of wrongdoing and intend to defend ourselves vigorously in these matters. In October 2020, Broadband iTV, Inc. filed a complaint against Amazon.com, Inc., Amazon.com Services LLC, and Amazon Web Services, Inc. in the United States District Court for the Western District of Texas. The complaint alleges, among other things, that certain Amazon Prime Video features and services infringe U.S. Patent Nos. 9,648,388, 10,546,750, and 10,536,751, each entitled “Video-On-Demand Content Delivery System for Providing Video-On-Demand Services to TV Services Subscribers”; 10,028,026, entitled “System for Addressing On-Demand TV Program Content on TV Services Platform of a Digital TV Services Provider”; and 9,973,825, entitled “Dynamic Adjustment of Electronic Program Guide Displays Based on Viewer Preferences for Minimizing Navigation in VOD Program Selection.” The complaint seeks an unspecified amount of damages. In April 2022, Broadband iTV alleged in its damages report that in the event of a finding of liability Amazon could be subject to $166 million to $986 million in damages. In September 2022, the district court granted summary judgment, holding that the patents are invalid. In October 2022, Broadband iTV filed a notice of appeal. In September 2024, the United States Court of Appeals for the Federal Circuit affirmed the district court’s judgment. This decision is subject to appeal. We dispute the allegations of wrongdoing and will continue to defend ourselves vigorously in this matter. In May 2023, Dialect, LLC filed a complaint against Amazon.com, Inc. and Amazon Web Services, Inc. in the United States District Court for the Eastern District for Virginia. The complaint alleges, among other things, that Amazon’s Alexa-enabled products and services, such as Echo devices, Fire tablets, Fire TV sticks, Fire TVs, Alexa, and Alexa Voice Services, infringe U.S. Patent Nos. 7,693,720 and 9,031,845, each entitled “Mobile Systems and Methods for Responding to Natural Language Speech Utterance”; 8,015,006, entitled “Systems and Methods for Processing Natural Language Speech Utterances with Context-Specific Domain Agents”; 8,140,327, entitled “System and Method for Filtering and Eliminating Noise from Natural Language Utterances to Improve Speech Recognition and Parsing”; 8,195,468 and 9,495,957, each entitled “Mobile Systems and Methods of Supporting Natural Language Human-Machine Interactions”; and 9,263,039, entitled “Systems and Methods for Responding to Natural Language Speech Utterance.” The complaint seeks an unspecified amount of damages, enhanced damages, attorneys’ fees, costs, interest, and injunctive relief. In November 2023, the court granted in part Amazon’s motion to dismiss Dialect’s complaint and dismissed the ‘845 patent from the case. In July and August 2024, the court granted in part Amazon’s motions for summary judgment, holding that Amazon does not infringe the ‘327 patent or two claims of the ‘006 patent and that Dialect cannot recover certain alleged damages. We dispute the allegations of wrongdoing and intend to defend ourselves vigorously in this matter. Beginning in October 2023, Nokia Technologies Oy and related entities filed complaints alleging infringement of patents related to video-related technologies against Amazon.com, Inc. and related entities in multiple courts in the United States, India, the United Kingdom, Germany, and Brazil, the Unified Patent Court of the European Union, and the United States International Trade Commission. The complaints allege, among other things, that certain Amazon Prime Video services and features of Amazon devices carrying the Prime Video app infringe Nokia’s patents; some of the complaints additionally allege infringement by Freevee, Twitch, and Amazon voice assistants. The complaints seek, among other things, injunctive relief and, in some cases, unspecified money damages, enhanced damages, attorneys’ fees, costs, interest, and declaratory relief. These matters are at various procedural stages, with preliminary and final injunctions issued in certain instances. We dispute the allegations of wrongdoing and intend to defend ourselves vigorously in these matters. 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	9 Months Ended
Debt	Sep. 30, 2024
Debt Disclosure [Abstract]
Debt	DEBT As of September 30, 2024, we had $60.5 billion of unsecured senior notes outstanding (the “Notes”). Our total long-term debt obligations are as follows (in millions): Maturities (1) Stated Interest Rates Effective Interest Rates December 31, 2023 September 30, 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 2025 - 2057 3.15% - 5.20% 3.02% - 4.33% 15,000 13,000 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 2026 - 2061 1.00% - 3.25% 1.14% - 3.31% 17,500 15,000 April 2022 Notes issuance of $12.8 billion 2025 - 2062 3.00% - 4.10% 3.13% - 4.15% 12,750 11,250 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 — Total face value of long-term debt 67,182 60,500 Unamortized discount and issuance costs, net (374) (362) Less: current portion of long-term debt (8,494) (5,248) Long-term debt $ 58,314 $ 54,890 ___________________ (1) The weighted-average remaining lives of the 2014, 2017, 2020, 2021, April 2022, and December 2022 Notes were 10.8, 15.5, 16.8, 14.4, 13.1, and 4.1 years as of September 30, 2024. The combined weighted-average remaining life of the Notes was 13.1 years as of September 30, 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 $55.1 billion as of December 31, 2023 and September 30, 2024, which is based on quoted prices for our debt as of those dates. As of September 30, 2024, we have repaid outstanding borrowings and terminated the secured revolving credit facility with a lender that was secured by certain seller receivables (the “Credit Facility”). The Credit Facility bore interest based on the daily Secured Overnight Financing Rate plus 1.25%, and had a commitment fee of up to 0.45% on the undrawn portion. There were $682 million of borrowings outstanding under the Credit Facility as of December 31, 2023, which had an interest rate of 6.6%. As of December 31, 2023, we had pledged $806 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 was based on Level 2 inputs, approximated its carrying value as of December 31, 2023. 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 September 30, 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 subject to approval 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 September 30, 2024. As of September 30, 2024, we had a $5.0 billion unsecured 364-day revolving credit facility with a syndicate of lenders (the “2023 Short-Term Credit Agreement”). The interest rate applicable to outstanding balances under the 2023 Short-Term Credit Agreement is the Secured Overnight Financing Rate specified in the 2023 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 2023 Short-Term Credit Agreement as of December 31, 2023 and September 30, 2024. In October 2024, we replaced the 2023 Short-Term Credit Agreement with a new $5.0 billion unsecured 364-day revolving credit facility with a syndicate of lenders on substantially the same terms, which matures in October 2025 and may be extended for one additional period of 364 days subject to approval by the lenders.

Stockholders' Equity

Stockholders' Equity	9 Months Ended
Stockholders' Equity	Sep. 30, 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 nine months ended September 30, 2023 or 2024. As of September 30, 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 and 10.9 billion as of December 31, 2023 and September 30, 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 Nine Months Ended 2023 2024 2023 2024 Cost of sales $ 193 $ 193 $ 609 $ 633 Fulfillment 732 696 2,267 2,276 Technology and infrastructure 3,284 2,961 9,901 9,403 Sales and marketing 1,111 1,012 3,407 3,168 General and administrative 509 471 1,520 1,536 Total stock-based compensation expense $ 5,829 $ 5,333 $ 17,704 $ 17,016 The following table summarizes our restricted stock unit activity for the nine months ended September 30, 2024 (in millions): Number of Units Weighted-Average Outstanding as of December 31, 2023 405.8 $ 125 Units granted 115.4 180 Units vested (127.8) 133 Units forfeited (31.9) 131 Outstanding as of September 30, 2024 361.5 139 Scheduled vesting for outstanding restricted stock units as of September 30, 2024, is as follows (in millions): Three Months Ended December 31, Year Ended December 31, 2024 2025 2026 2027 2028 Thereafter Total Scheduled vesting — restricted stock units 82.2 147.8 88.8 31.3 8.4 3.0 361.5 As of September 30, 2024, there was $18.9 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 1.0 year. The estimated forfeiture rate as of December 31, 2023 and September 30, 2024 was 26.1% and 25.7%. Changes in Stockholders’ Equity The following table shows changes in stockholders’ equity (in millions): Three Months Ended Nine Months Ended 2023 2024 2023 2024 Total beginning stockholders’ equity $ 168,602 $ 236,447 $ 146,043 $ 201,875 Beginning common stock 108 110 108 109 Stock-based compensation and issuance of employee benefit plan stock — — — 1 Ending common stock 108 110 108 110 Beginning and ending treasury stock (7,837) (7,837) (7,837) (7,837) Beginning additional paid-in capital 86,896 110,633 75,066 99,025 Stock-based compensation and issuance of employee benefit plan stock 5,815 5,301 17,645 16,909 Ending additional paid-in capital 92,711 115,934 92,711 115,934 Beginning accumulated other comprehensive income (loss) (3,680) (3,993) (4,487) (3,040) Other comprehensive income (loss) (1,323) 2,075 (516) 1,122 Ending accumulated other comprehensive income (loss) (5,003) (1,918) (5,003) (1,918) Beginning retained earnings 93,115 137,534 83,193 113,618 Net income 9,879 15,328 19,801 39,244 Ending retained earnings 102,994 152,862 102,994 152,862 Total ending stockholders’ equity $ 182,973 $ 259,151 $ 182,973 $ 259,151

Income Taxes

Income Taxes	9 Months Ended
Income Taxes	Sep. 30, 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 nine months ended September 30, 2023 was $4.1 billion, which included $175 million of net discrete tax expense, primarily consisting of discrete tax expense related to shortfalls from stock-based compensation and approximately $600 million of tax benefit resulting from a change in the estimated qualifying expenditures associated with our 2022 U.S. federal R&D credit. Our income tax provision for the nine months ended September 30, 2024 was $6.9 billion, which included $2.4 billion of net discrete tax benefits primarily attributable to excess tax benefits from stock-based compensation. Cash paid for income taxes, net of refunds was $2.6 billion and $2.0 billion in Q3 2023 and Q3 2024, and $7.0 billion and $8.2 billion for the nine months ended September 30, 2023 and 2024. As of December 31, 2023 and September 30, 2024, income tax contingencies were approximately $5.2 billion and $6.3 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	9 Months Ended
Segment Information	Sep. 30, 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 Nine Months Ended 2023 2024 2023 2024 North America Net sales $ 87,887 $ 95,537 $ 247,314 $ 271,911 Operating expenses 83,580 89,874 238,898 256,200 Operating income $ 4,307 $ 5,663 $ 8,416 $ 15,711 International Net sales $ 32,137 $ 35,888 $ 90,957 $ 99,486 Operating expenses 32,232 34,587 93,194 97,009 Operating income (loss) $ (95) $ 1,301 $ (2,237) $ 2,477 AWS Net sales $ 23,059 $ 27,452 $ 66,553 $ 78,770 Operating expenses 16,083 17,005 49,089 49,568 Operating income $ 6,976 $ 10,447 $ 17,464 $ 29,202 Consolidated Net sales $ 143,083 $ 158,877 $ 404,824 $ 450,167 Operating expenses 131,895 141,466 381,181 402,777 Operating income 11,188 17,411 23,643 47,390 Total non-operating income (expense) 1,001 626 228 (1,125) Provision for income taxes (2,306) (2,706) (4,058) (6,940) Equity-method investment activity, net of tax (4) (3) (12) (81) Net income $ 9,879 $ 15,328 $ 19,801 $ 39,244 Net sales by groups of similar products and services, which also have similar economic characteristics, is as follows (in millions): Three Months Ended Nine Months Ended 2023 2024 2023 2024 Net Sales: Online stores (1) $ 57,267 $ 61,411 $ 161,329 $ 171,473 Physical stores (2) 4,959 5,228 14,878 15,636 Third-party seller services (3) 34,342 37,864 96,494 108,661 Advertising services (4) 12,060 14,331 32,252 38,926 Subscription services (5) 10,170 11,278 29,721 32,866 AWS 23,059 27,452 66,553 78,770 Other (6) 1,226 1,313 3,597 3,835 Consolidated $ 143,083 $ 158,877 $ 404,824 $ 450,167 ____________________________ (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		9 Months Ended		12 Months Ended
Pay vs Performance Disclosure - USD ($) $ in Millions	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Pay vs Performance Disclosure
Net Income	$ 15,328	$ 9,879	$ 39,244	$ 19,801	$ 49,868	$ 20,079

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
Insider Trading Arrangements	Sep. 30, 2024
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Accounting Policies and Suppl_2

Accounting Policies and Supplemental Disclosures (Policies)	9 Months Ended
Accounting Policies and Supplemental Disclosures (Policies)	Sep. 30, 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. 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 $2.7 billion as of December 31, 2023 and September 30, 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 September 30, 2024, customer receivables, net, were $34.1 billion and $34.6 billion, vendor receivables, net, were $8.5 billion and $8.3 billion, seller receivables, net, were $1.0 billion and $60 million, and other receivables, net, were $3.3 billion and $3.0 billion. Seller receivables are amounts due from sellers related to our seller lending program, which provided funding to sellers primarily to procure inventory. Prepaid expenses and other current assets were $5.4 billion and $5.8 billion as of December 31, 2023 and September 30, 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 and $1.9 billion as of December 31, 2023 and September 30, 2024.
Digital Video and Music Content	Digital Video and Music Content Included in “Other assets” on our consolidated balance sheets are the total capitalized costs of video, which is primarily released content, and music, which as of December 31, 2023 and September 30, 2024 were $17.4 billion and $19.8 billion. Total video and music expense was $4.6 billion and $5.0 billion in Q3 2023 and Q3 2024, and $13.0 billion and $14.2 billion for the nine months ended September 30, 2023 and 2024.
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 $12.5 billion was recognized as revenue during the nine months ended September 30, 2024. Included in “Other long-term liabilities” on our consolidated balance sheets was $5.7 billion and $7.0 billion of unearned revenue as of December 31, 2023 and September 30, 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 approximately $164 billion as of September 30, 2024. The weighted-average remaining life of our long-term contracts is 3.9 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 In December 2023, the Financial Accounting Standards Board issued an Accounting Standards Update (“ASU”) amending existing income tax disclosure guidance, primarily requiring more detailed disclosure for income taxes paid and the effective tax rate reconciliation. The ASU is effective for annual reporting periods beginning after December 15, 2024, with

Accounting Policies and Suppl_3

Accounting Policies and Supplemental Disclosures (Tables)	9 Months Ended
Accounting Policies and Supplemental Disclosures (Tables)	Sep. 30, 2024
Accounting Policies [Abstract]
Supplemental Cash Flow Information	The following table shows supplemental cash flow information (in millions): Three Months Ended Nine Months Ended Twelve Months Ended 2023 2024 2023 2024 2023 2024 SUPPLEMENTAL CASH FLOW INFORMATION: Cash paid for interest on debt, net of capitalized interest $ 465 $ 266 $ 1,821 $ 1,215 $ 2,450 $ 2,002 Cash paid for operating leases 2,692 2,940 7,687 9,116 10,052 11,882 Cash paid for interest on finance leases 76 71 234 217 318 291 Cash paid for interest on financing obligations 50 47 150 161 205 207 Cash paid for income taxes, net of refunds 2,628 2,004 6,982 8,162 8,677 12,359 Assets acquired under operating leases 3,345 3,571 11,075 11,235 15,844 14,212 Property and equipment acquired under finance leases, net of remeasurements and modifications 183 186 431 409 748 620 Property and equipment recognized during the construction period of build-to-suit lease arrangements 93 21 308 89 618 138 Property and equipment derecognized after the construction period of build-to-suit lease arrangements, with the associated leases recognized as operating 492 — 1,212 — 3,063 162
Calculation of Diluted Shares	The following table shows the calculation of diluted shares (in millions): Three Months Ended Nine Months Ended 2023 2024 2023 2024 Shares used in computation of basic earnings per share 10,322 10,501 10,286 10,447 Total dilutive effect of outstanding stock awards 236 234 166 258 Shares used in computation of diluted earnings per share 10,558 10,735 10,452 10,705
Other Income (Expense), Net	Other income (expense), net” is as follows (in millions): Three Months Ended Nine Months Ended 2023 2024 2023 2024 Marketable equity securities valuation gains (losses) $ 1,196 $ (117) $ 1,015 $ (1,800) Equity warrant valuation gains (losses) (27) 80 (188) (421) Upward adjustments relating to equity investments in private companies 7 2 33 13 Foreign currency gains (losses) (94) 17 (15) (195) Other, net (51) (9) (196) (315) Total other income (expense), net 1,031 (27) 649 (2,718)
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): Six Months Ended June 30, 2023 2024 Revenues $ 1,782 $ 2,362 Gross profit (loss) (947) (978) Loss from operations (2,718) (2,859) Net loss (2,544) (2,903)

Financial Instruments (Tables)

Financial Instruments (Tables)	9 Months Ended
Financial Instruments (Tables)	Sep. 30, 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 September 30, 2024 Total Cost or Gross Gross Total Cash $ 11,706 $ 15,401 $ — $ — $ 15,401 Level 1 securities: Money market funds 39,160 28,793 — — 28,793 Equity securities (1) 4,658 2,864 Level 2 securities: Foreign government and agency securities 505 302 — — 302 U.S. government and agency securities 1,699 2,309 1 (51) 2,259 Corporate debt securities 27,805 41,001 7 (52) 40,956 Asset-backed securities 1,646 1,018 1 (20) 999 Other debt securities 104 64 — (1) 63 $ 87,283 $ 88,888 $ 9 $ (124) $ 91,637 Less: Restricted cash, cash equivalents, and marketable securities (2) (503) (3,586) Total cash, cash equivalents, and marketable securities $ 86,780 $ 88,051 ___________________ (1) The related unrealized gain (loss) recorded in “Other income (expense), net” was $1.2 billion and $(145) million in Q3 2023 and Q3 2024, and $1.0 billion and $(1.8) billion for the nine months ended September 30, 2023 and 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 September 30, 2024 (in millions): Amortized Estimated Due within one year $ 69,997 $ 69,976 Due after one year through five years 2,536 2,481 Due after five years through ten years 352 345 Due after ten years 602 570 Total $ 73,487 $ 73,372
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 September 30, 2024 Cash and cash equivalents $ 73,387 $ 75,091 Restricted cash included in accounts receivable, net and other 497 333 Restricted cash included in other assets 6 3,253 Total cash, cash equivalents, and restricted cash shown in the consolidated statements of cash flows $ 73,890 $ 78,677
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 September 30, 2024 Cash and cash equivalents $ 73,387 $ 75,091 Restricted cash included in accounts receivable, net and other 497 333 Restricted cash included in other assets 6 3,253 Total cash, cash equivalents, and restricted cash shown in the consolidated statements of cash flows $ 73,890 $ 78,677

Leases (Tables)

Leases (Tables)	9 Months Ended
Leases (Tables)	Sep. 30, 2024
Leases [Abstract]
Lease Cost	Lease cost recognized in our consolidated statements of operations is summarized as follows (in millions): Three Months Ended September 30, Nine Months Ended September 30, 2023 2024 2023 2024 Operating lease cost $ 2,679 $ 3,057 $ 7,799 $ 8,807 Finance lease cost: Amortization of lease assets 1,439 1,040 4,524 2,929 Interest on lease liabilities 74 70 230 215 Finance lease cost 1,513 1,110 4,754 3,144 Variable lease cost 567 605 1,579 1,832 Total lease cost $ 4,759 $ 4,772 $ 14,132 $ 13,783
Other Information about Lease Amounts Recognized	Other information about lease amounts recognized in our consolidated financial statements is as follows: December 31, 2023 September 30, 2024 Weighted-average remaining lease term – operating leases 11.3 years 10.7 years Weighted-average remaining lease term – finance leases 11.9 years 12.0 years Weighted-average discount rate – operating leases 3.3 % 3.4 % Weighted-average discount rate – finance leases 2.7 % 2.9 %
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 September 30, 2024 Operating Leases Finance Leases Total Gross lease liabilities $ 95,609 $ 12,794 $ 108,403 Less: imputed interest (15,932) (1,975) (17,907) Present value of lease liabilities 79,677 10,819 90,496 Less: current portion of lease liabilities (9,301) (1,393) (10,694) Total long-term lease liabilities $ 70,376 $ 9,426 $ 79,802

Commitments and Contingencies (

Commitments and Contingencies (Tables)	9 Months Ended
Commitments and Contingencies (Tables)	Sep. 30, 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 September 30, 2024 (in millions): Three Months Ended December 31, Year Ended December 31, 2024 2025 2026 2027 2028 Thereafter Total Long-term debt principal and interest $ 3,268 $ 6,858 $ 4,458 $ 10,403 $ 3,644 $ 60,176 $ 88,807 Operating lease liabilities 3,758 11,434 10,686 9,755 8,874 51,102 95,609 Finance lease liabilities, including interest 456 1,545 1,428 1,247 1,083 7,035 12,794 Financing obligations, including interest (1) 95 526 534 543 551 7,247 9,496 Leases not yet commenced 621 2,919 3,262 3,779 3,627 36,127 50,335 Unconditional purchase obligations (2) 2,782 7,302 5,546 4,705 4,097 27,092 51,524 Other commitments (3) 1,302 2,398 1,315 855 792 11,116 17,778 Total commitments $ 12,282 $ 32,982 $ 27,229 $ 31,287 $ 22,668 $ 199,895 $ 326,343 ___________________ (1) Includes non-cancellable financing obligations for fulfillment network and data center facilities. Excluding interest, current financing obligations of $271 million and $313 million are recorded within “Accrued expenses and other” and $6.6 billion and $7.5 billion are recorded within “Other long-term liabilities” as of December 31, 2023 and September 30, 2024. The weighted-average remaining term of the financing obligations was 17.0 years and 16.4 years and the weighted-average imputed interest rate was 3.1% and 2.9% as of December 31, 2023 and September 30, 2024. (2) Includes unconditional purchase obligations related to long-term agreements to acquire and license digital media content, procure energy, and license software that are not reflected on the consolidated balance sheets. For those 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 $6.3 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)	9 Months Ended
Debt (Tables)	Sep. 30, 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 September 30, 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 2025 - 2057 3.15% - 5.20% 3.02% - 4.33% 15,000 13,000 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 2026 - 2061 1.00% - 3.25% 1.14% - 3.31% 17,500 15,000 April 2022 Notes issuance of $12.8 billion 2025 - 2062 3.00% - 4.10% 3.13% - 4.15% 12,750 11,250 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 — Total face value of long-term debt 67,182 60,500 Unamortized discount and issuance costs, net (374) (362) Less: current portion of long-term debt (8,494) (5,248) Long-term debt $ 58,314 $ 54,890 ___________________ (1) The weighted-average remaining lives of the 2014, 2017, 2020, 2021, April 2022, and December 2022 Notes were 10.8, 15.5, 16.8, 14.4, 13.1, and 4.1 years as of September 30, 2024. The combined weighted-average remaining life of the Notes was 13.1 years as of September 30, 2024.

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	9 Months Ended
Stockholders' Equity (Tables)	Sep. 30, 2024
Equity [Abstract]
Stock-Based Compensation Expense	Stock-based compensation expense is as follows (in millions): Three Months Ended Nine Months Ended 2023 2024 2023 2024 Cost of sales $ 193 $ 193 $ 609 $ 633 Fulfillment 732 696 2,267 2,276 Technology and infrastructure 3,284 2,961 9,901 9,403 Sales and marketing 1,111 1,012 3,407 3,168 General and administrative 509 471 1,520 1,536 Total stock-based compensation expense $ 5,829 $ 5,333 $ 17,704 $ 17,016
Restricted Stock Unit Activity	The following table summarizes our restricted stock unit activity for the nine months ended September 30, 2024 (in millions): Number of Units Weighted-Average Outstanding as of December 31, 2023 405.8 $ 125 Units granted 115.4 180 Units vested (127.8) 133 Units forfeited (31.9) 131 Outstanding as of September 30, 2024 361.5 139
Scheduled Vesting for Outstanding Restricted Stock Units	Scheduled vesting for outstanding restricted stock units as of September 30, 2024, is as follows (in millions): Three Months Ended December 31, Year Ended December 31, 2024 2025 2026 2027 2028 Thereafter Total Scheduled vesting — restricted stock units 82.2 147.8 88.8 31.3 8.4 3.0 361.5
Changes in Stockholders' Equity	The following table shows changes in stockholders’ equity (in millions): Three Months Ended Nine Months Ended 2023 2024 2023 2024 Total beginning stockholders’ equity $ 168,602 $ 236,447 $ 146,043 $ 201,875 Beginning common stock 108 110 108 109 Stock-based compensation and issuance of employee benefit plan stock — — — 1 Ending common stock 108 110 108 110 Beginning and ending treasury stock (7,837) (7,837) (7,837) (7,837) Beginning additional paid-in capital 86,896 110,633 75,066 99,025 Stock-based compensation and issuance of employee benefit plan stock 5,815 5,301 17,645 16,909 Ending additional paid-in capital 92,711 115,934 92,711 115,934 Beginning accumulated other comprehensive income (loss) (3,680) (3,993) (4,487) (3,040) Other comprehensive income (loss) (1,323) 2,075 (516) 1,122 Ending accumulated other comprehensive income (loss) (5,003) (1,918) (5,003) (1,918) Beginning retained earnings 93,115 137,534 83,193 113,618 Net income 9,879 15,328 19,801 39,244 Ending retained earnings 102,994 152,862 102,994 152,862 Total ending stockholders’ equity $ 182,973 $ 259,151 $ 182,973 $ 259,151

Segment Information (Tables)

Segment Information (Tables)	9 Months Ended
Segment Information (Tables)	Sep. 30, 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 Nine Months Ended 2023 2024 2023 2024 North America Net sales $ 87,887 $ 95,537 $ 247,314 $ 271,911 Operating expenses 83,580 89,874 238,898 256,200 Operating income $ 4,307 $ 5,663 $ 8,416 $ 15,711 International Net sales $ 32,137 $ 35,888 $ 90,957 $ 99,486 Operating expenses 32,232 34,587 93,194 97,009 Operating income (loss) $ (95) $ 1,301 $ (2,237) $ 2,477 AWS Net sales $ 23,059 $ 27,452 $ 66,553 $ 78,770 Operating expenses 16,083 17,005 49,089 49,568 Operating income $ 6,976 $ 10,447 $ 17,464 $ 29,202 Consolidated Net sales $ 143,083 $ 158,877 $ 404,824 $ 450,167 Operating expenses 131,895 141,466 381,181 402,777 Operating income 11,188 17,411 23,643 47,390 Total non-operating income (expense) 1,001 626 228 (1,125) Provision for income taxes (2,306) (2,706) (4,058) (6,940) Equity-method investment activity, net of tax (4) (3) (12) (81) Net income $ 9,879 $ 15,328 $ 19,801 $ 39,244
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 Nine Months Ended 2023 2024 2023 2024 Net Sales: Online stores (1) $ 57,267 $ 61,411 $ 161,329 $ 171,473 Physical stores (2) 4,959 5,228 14,878 15,636 Third-party seller services (3) 34,342 37,864 96,494 108,661 Advertising services (4) 12,060 14,331 32,252 38,926 Subscription services (5) 10,170 11,278 29,721 32,866 AWS 23,059 27,452 66,553 78,770 Other (6) 1,226 1,313 3,597 3,835 Consolidated $ 143,083 $ 158,877 $ 404,824 $ 450,167 ____________________________ (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		9 Months Ended		12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Jan. 01, 2024	Dec. 31, 2023
Restructuring Cost and Reserve [Line Items]
Reduction in depreciation and amortization	$ (13,442)	$ (12,131)	$ (37,164)	$ (34,843)	$ (50,984)	$ (47,528)
Net Income	$ 15,328	$ 9,879	$ 39,244	$ 19,801	$ 49,868	$ 20,079
Basic earnings per share (in usd per share)	$ 1.46	$ 0.96	$ 3.76	$ 1.93
Diluted earnings per share (in usd per share)	$ 1.43	$ 0.94	$ 3.67	$ 1.89
Change in useful lives of servers and networking equipment
Restructuring Cost and Reserve [Line Items]
Reduction in depreciation and amortization	$ 760		$ 2,400
Net Income	$ 598		$ 1,900
Basic earnings per share (in usd per share)	$ 0.06		$ 0.18
Diluted earnings per share (in usd per share)	$ 0.06		$ 0.18
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		9 Months Ended		12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
SUPPLEMENTAL CASH FLOW INFORMATION:
Cash paid for interest on debt, net of capitalized interest	$ 266	$ 465	$ 1,215	$ 1,821	$ 2,002	$ 2,450
Cash paid for operating leases	2,940	2,692	9,116	7,687	11,882	10,052
Cash paid for interest on finance leases	71	76	217	234	291	318
Cash paid for interest on financing obligations	47	50	161	150	207	205
Cash paid for income taxes, net of refunds	2,004	2,628	8,162	6,982	12,359	8,677
Assets acquired under operating leases	3,571	3,345	11,235	11,075	14,212	15,844
Property and equipment acquired under finance leases, net of remeasurements and modifications	186	183	409	431	620	748
Property and equipment recognized during the construction period of build-to-suit lease arrangements	21	93	89	308	138	618
Property and equipment derecognized after the construction period of build-to-suit lease arrangements, with the associated leases recognized as operating	$ 0	$ 492	$ 0	$ 1,212	$ 162	$ 3,063

Accounting Policies and Suppl_6

Accounting Policies and Supplemental Disclosures - Calculation of Diluted Shares (Details) - shares shares in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Accounting Policies [Abstract]
Shares used in computation of basic earnings per share (in shares)	10,501	10,322	10,447	10,286
Total dilutive effect of outstanding stock awards (in shares)	234	236	258	166
Shares used in computation of diluted earnings per share (in shares)	10,735	10,558	10,705	10,452

Accounting Policies and Suppl_7

Accounting Policies and Supplemental Disclosures - Other Income (Expense), Net (Details) - USD ($) shares in Millions, $ in Millions	3 Months Ended		6 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Schedule of Investments [Line Items]
Marketable equity securities valuation gains (losses)	$ (117)	$ 1,196			$ (1,800)	$ 1,015
Equity warrant valuation gains (losses)	80	(27)			(421)	(188)
Upward adjustments relating to equity investments in private companies	2	7			13	33
Foreign currency gains (losses)	17	(94)			(195)	(15)
Other, net	(9)	(51)			(315)	(196)
Total other income (expense), net	(27)	1,031			(2,718)	649
Loss from operations	17,411	11,188			47,390	23,643
Net loss	15,328	9,879			39,244	19,801	$ 49,868	$ 20,079
Equity method investment, nonconsolidated investee
Schedule of Investments [Line Items]
Marketable equity securities valuation gains (losses)	$ (348)	$ 1,200			$ (1,900)	$ 926
Equity investment, shares held (in shares)	158				158		158
Equity investment, ownership percentage	16%				16%		16%
Equity investment, voting interest	15%				15%		15%
Equity investment, fair value	$ 1,800				$ 1,800		$ 1,800		$ 3,700
Revenues			$ 2,362	$ 1,782
Gross profit (loss)			(978)	(947)
Loss from operations			(2,859)	(2,718)
Net loss			$ (2,903)	$ (2,544)

Accounting Policies and Suppl_8

Accounting Policies and Supplemental Disclosures - Inventories (Details) - USD ($) $ in Billions	Sep. 30, 2024	Dec. 31, 2023
Accounting Policies [Abstract]
Inventory valuation allowance	$ 2.7	$ 3

Accounting Policies and Suppl_9

Accounting Policies and Supplemental Disclosures - Accounts Receivable, Net and Other (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts receivable, net and other	$ 51,638	$ 52,253
Prepaid expenses and other current assets	5,800	5,400
Allowance for doubtful accounts	1,900	1,700
Customer receivables, net
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts receivable, net and other	34,600	34,100
Vendor receivables, net
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts receivable, net and other	8,300	8,500
Seller receivables, net
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts receivable, net and other	60	1,000
Other receivables, net
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts receivable, net and other	$ 3,000	$ 3,300

Accounting Policies and Supp_10

Accounting Policies and Supplemental Disclosures - Video and Music Content (Details) - USD ($) $ in Billions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Accounting Policies [Abstract]
Digital video and music content, capitalized costs	$ 19.8		$ 19.8		$ 17.4
Digital video and music content, expense	$ 5	$ 4.6	$ 14.2	$ 13

Accounting Policies and Supp_11

Accounting Policies and Supplemental Disclosures - Unearned Revenue (Details) - USD ($) $ in Billions	9 Months Ended
	Sep. 30, 2024	Dec. 31, 2023
Accounting Policies [Abstract]
Unearned revenue		$ 20.9
Unearned revenue, revenue recognized	$ 12.5
Unearned revenue, long-term	7	$ 5.7
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-10-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation, contracts exceeding one year	$ 164
Remaining performance obligation, weighted average remaining life	3 years 10 months 24 days

Financial Instruments - Fair Va

Financial Instruments - Fair Values on Recurring Basis (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Equity Securities, FV-NI, Gain (Loss)
Equity securities, unrealized gain (loss)	$ (145)	$ 1,200	$ (1,800)	$ 1,000
Recurring
Schedule of Investments [Line Items]
Cash	15,401		15,401		$ 11,706
Debt Securities, Available-for-sale
Gross unrealized gains	9		9
Gross unrealized losses	(124)		(124)
Cash, Cash Equivalents, and Marketable Securities
Cash, cash equivalents and marketable securities	91,637		91,637		87,283
Cash, cash equivalents and marketable securities, amortized cost	88,888		88,888
Less: Restricted cash, cash equivalents, and marketable securities	(3,586)		(3,586)		(503)
Total cash, cash equivalents, and marketable securities	88,051		88,051		86,780
Recurring \| Level 1 securities
Schedule of Investments [Line Items]
Equity securities	2,864		2,864		4,658
Recurring \| Level 1 securities \| Money market funds
Schedule of Investments [Line Items]
Money market funds	28,793		28,793		39,160
Recurring \| Level 1 securities \| Money market funds \| Money market funds
Schedule of Investments [Line Items]
Money market funds	28,793		28,793
Recurring \| Level 2 securities \| Foreign government and agency securities
Debt Securities, Available-for-sale
Fixed income securities, amortized cost	302		302
Gross unrealized gains	0		0
Gross unrealized losses	0		0
Fixed income securities	302		302		505
Recurring \| Level 2 securities \| U.S. government and agency securities
Debt Securities, Available-for-sale
Fixed income securities, amortized cost	2,309		2,309
Gross unrealized gains	1		1
Gross unrealized losses	(51)		(51)
Fixed income securities	2,259		2,259		1,699
Recurring \| Level 2 securities \| Corporate debt securities
Debt Securities, Available-for-sale
Fixed income securities, amortized cost	41,001		41,001
Gross unrealized gains	7		7
Gross unrealized losses	(52)		(52)
Fixed income securities	40,956		40,956		27,805
Recurring \| Level 2 securities \| Asset-backed securities
Debt Securities, Available-for-sale
Fixed income securities, amortized cost	1,018		1,018
Gross unrealized gains	1		1
Gross unrealized losses	(20)		(20)
Fixed income securities	999		999		1,646
Recurring \| Level 2 securities \| Other debt securities
Debt Securities, Available-for-sale
Fixed income securities, amortized cost	64		64
Gross unrealized gains	0		0
Gross unrealized losses	(1)		(1)
Fixed income securities	$ 63		$ 63		$ 104

Financial Instruments - Contrac

Financial Instruments - Contractual Maturities (Details) $ in Millions	Sep. 30, 2024 USD ($)
Amortized Cost
Due within one year	$ 69,997
Due after one year through five years	2,536
Due after five years through ten years	352
Due after ten years	602
Amortized cost	73,487
Estimated Fair Value
Due within one year	69,976
Due after one year through five years	2,481
Due after five years through ten years	345
Due after ten years	570
Estimated fair value	$ 73,372

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	Sep. 30, 2024	Dec. 31, 2023
Derivative [Line Items]
Equity investments without readily determinable fair values			$ 886	$ 754
Payments to acquire nonmarketable securities	$ 2,750	$ 1,250
Warrant \| Level 2 assets
Derivative [Line Items]
Fair value of warrant assets			$ 2,400	$ 2,200

Financial Instruments - Consoli

Financial Instruments - Consolidated Statements of Cash Flows Reconciliation (Details) - USD ($) $ in Millions	Sep. 30, 2024	Jun. 30, 2024	Dec. 31, 2023	Sep. 30, 2023	Jun. 30, 2023	Dec. 31, 2022	Sep. 30, 2022
Investments, Debt and Equity Securities [Abstract]
Cash and cash equivalents	$ 75,091		$ 73,387
Restricted cash included in accounts receivable, net and other	333		497
Restricted cash included in other assets	3,253		6
Total cash, cash equivalents, and restricted cash shown in the consolidated statements of cash flows	$ 78,677	$ 71,673	$ 73,890	$ 50,081	$ 50,067	$ 54,253	$ 35,178

Leases - Additional Information

Leases - Additional Information (Details) - USD ($) $ in Billions	Sep. 30, 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	$ 59.2	$ 62.5
Accumulated amortization associated with finance leases	$ 43.7	$ 44.7

Leases - Lease Cost (Details)

Leases - Lease Cost (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
Leases - Lease Cost (Details) - USD ($) $ in Millions	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Leases [Abstract]
Operating lease cost	$ 3,057	$ 2,679	$ 8,807	$ 7,799
Finance lease cost:
Amortization of lease assets	1,040	1,439	2,929	4,524
Interest on lease liabilities	70	74	215	230
Finance lease cost	1,110	1,513	3,144	4,754
Variable lease cost	605	567	1,832	1,579
Total lease cost	$ 4,772	$ 4,759	$ 13,783	$ 14,132

Leases - Other Operating and Fi

Leases - Other Operating and Finance Lease Information (Details)	Sep. 30, 2024	Dec. 31, 2023
Leases [Abstract]
Weighted-average remaining lease term – operating leases	10 years 8 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	3.40%	3.30%
Weighted-average discount rate – finance leases	2.90%	2.70%

Leases - Operating and Finance

Leases - Operating and Finance Lease Liability Reconciliation (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Leases [Abstract]
Total operating lease liabilities	$ 95,609	$ 90,777
Total finance lease liabilities	12,794	14,106
Gross lease liabilities	108,403	104,883
Imputed interest - operating leases	(15,932)	(15,138)
Imputed interest - finance leases	(1,975)	(1,997)
Imputed interest	(17,907)	(17,135)
Present value of operating leases	79,677	75,639
Present value of finance leases	10,819	12,109
Present value of lease liabilities	$ 90,496	$ 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	$ (9,301)	$ (8,419)
Current portion of finance lease liabilities	(1,393)	(2,032)
Current portion of lease liabilities	$ (10,694)	$ (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	$ 70,376	$ 67,220
Total long-term finance lease liabilities	9,426	10,077
Total long-term lease liabilities	$ 79,802	$ 77,297

Commitments and Contingencies -

Commitments and Contingencies - Commitments (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Long-term debt principal and interest
2024	$ 3,268
2025	6,858
2026	4,458
2027	10,403
2028	3,644
Thereafter	60,176
Total	88,807
Operating lease liabilities
2024	3,758
2025	11,434
2026	10,686
2027	9,755
2028	8,874
Thereafter	51,102
Total operating lease liabilities	95,609	$ 90,777
Finance lease liabilities, including interest
2024	456
2025	1,545
2026	1,428
2027	1,247
2028	1,083
Thereafter	7,035
Total finance lease liabilities	12,794	14,106
Financing obligations, including interest
2024	95
2025	526
2026	534
2027	543
2028	551
Thereafter	7,247
Total	9,496
Other commitments
2024	1,302
2025	2,398
2026	1,315
2027	855
2028	792
Thereafter	11,116
Total	17,778
Total commitments
2024	12,282
2025	32,982
2026	27,229
2027	31,287
2028	22,668
Thereafter	199,895
Total	326,343
Financing obligations, current	313	271
Financing obligations, noncurrent	$ 7,500	$ 6,600
Financing obligations, weighted-average remaining term	16 years 4 months 24 days	17 years
Financing obligations, weighted-average imputed interest rate	2.90%	3.10%
Accrued tax contingencies	$ 6,300	$ 5,200
Operating and Finance Leases, Lease Not Yet Commenced
Leases not yet commenced and Unconditional purchase obligations
2024	621
2025	2,919
2026	3,262
2027	3,779
2028	3,627
Thereafter	36,127
Total	50,335
Long-Term Agreements to Acquire and License Digital Media Content, Procure Energy and License Software
Leases not yet commenced and Unconditional purchase obligations
2024	2,782
2025	7,302
2026	5,546
2027	4,705
2028	4,097
Thereafter	27,092
Total	$ 51,524

Commitments and Contingencies_2

Commitments and Contingencies - Legal Proceedings (Details) - USD ($) $ in Millions	1 Months Ended
	Aug. 31, 2024	Apr. 30, 2024	Apr. 30, 2022
Kove IO, Inc. \| Settled Litigation
Loss Contingencies [Line Items]
Amount awarded		$ 525
Pre-judgment interest	$ 148
Broadband iTV \| Minimum
Loss Contingencies [Line Items]
Damages sought			$ 166
Broadband iTV \| Maximum
Loss Contingencies [Line Items]
Damages sought			$ 986

Debt - Additional Information (

Debt - Additional Information (Details)	1 Months Ended		9 Months Ended
Debt - Additional Information (Details)	Oct. 30, 2024 USD ($) extension	Jan. 31, 2023 USD ($)	Sep. 30, 2024 USD ($)	Sep. 30, 2024 EUR (€)	Dec. 31, 2023 USD ($)
Debt Instrument [Line Items]
Total face value of long-term debt			$ 60,500,000,000		$ 67,182,000,000
Short-term debt			88,000,000		147,000,000
Revolving Credit Facility \| Credit Facility
Debt Instrument [Line Items]
Short-term debt			$ 0		0
Term Loan \| Loans Payable
Debt Instrument [Line Items]
Basis spread on variable rate (as a percent)		0.75%
Issuance amount		$ 8,000,000,000
Debt term		364 days
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		0
The Credit Agreement \| Credit Facility
Debt Instrument [Line Items]
Basis spread on variable rate (as a percent)			0.45%
Commitment fee percentage			0.03%
Revolving credit facility maximum borrowing capacity			$ 15,000,000,000
Short Term Credit Agreement \| Credit Facility
Debt Instrument [Line Items]
Debt term			364 days
Short-term debt			$ 0		0
November 2023 Short-Term Credit Agreement \| Credit Facility
Debt Instrument [Line Items]
Basis spread on variable rate (as a percent)			0.45%
Commitment fee percentage			0.03%
Revolving credit facility maximum borrowing capacity			$ 5,000,000,000
2024 Short-Term Credit Agreement \| Credit Facility \| Subsequent Event
Debt Instrument [Line Items]
Debt term	364 days
Revolving credit facility maximum borrowing capacity	$ 5,000,000,000
Additional term	364 days
Number of term extensions \| extension	1
Senior Notes
Debt Instrument [Line Items]
Total face value of long-term debt			60,500,000,000
Estimated fair value of notes			55,100,000,000		60,600,000,000
Credit Facility \| Revolving Credit Facility
Debt Instrument [Line Items]
Total face value of long-term debt			$ 0		682,000,000
Credit Facility \| Revolving Credit Facility \| October 2016 Revolving Credit Facility
Debt Instrument [Line Items]
Basis spread on variable rate (as a percent)			1.25%
Commitment fee percentage			0.45%
Borrowings outstanding					$ 682,000,000
Weighted average interest rate					6.60%
Collateral amount					$ 806,000,000
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			$ 8,400,000,000

Debt - Long-Term Debt Obligatio

Debt - Long-Term Debt Obligations (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2024	Dec. 31, 2023
Debt Instrument [Line Items]
Face value of long-term debt	$ 60,500	$ 67,182
Less: current portion of long-term debt	(5,248)	(8,494)
Long-term debt	54,890	58,314
Senior Notes
Debt Instrument [Line Items]
Face value of long-term debt	60,500
Unamortized discount and issuance costs, net	$ (362)	(374)
Weighted average remaining lives term	13 years 1 month 6 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	10 years 9 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	$ 13,000	15,000
Weighted average remaining lives term	15 years 6 months
Senior Notes \| 2017 Notes issuance of $17.0 billion \| Minimum
Debt Instrument [Line Items]
Stated Interest Rates	3.15%
Effective Interest Rates	3.02%
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	16 years 9 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	$ 15,000	17,500
Weighted average remaining lives term	14 years 4 months 24 days
Senior Notes \| 2021 Notes issuance of $18.5 billion \| Minimum
Debt Instrument [Line Items]
Stated Interest Rates	1%
Effective Interest Rates	1.14%
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	$ 11,250	12,750
Weighted average remaining lives term	13 years 1 month 6 days
Senior Notes \| April 2022 Notes issuance of $12.8 billion \| Minimum
Debt Instrument [Line Items]
Stated Interest Rates	3%
Effective Interest Rates	3.13%
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 1 month 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	$ 0	$ 682

Stockholders' Equity - Addition

Stockholders' Equity - Additional Information (Details) - USD ($) shares in Millions	9 Months Ended
	Sep. 30, 2024	Sep. 30, 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)	10,900		10,800
Net unrecognized compensation cost related to unvested stock-based compensation arrangements	$ 18,900,000,000
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)	1 year
Estimated forfeiture rate	25.70%		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		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation expense	$ 5,333	$ 5,829	$ 17,016	$ 17,704
Cost of sales
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation expense	193	193	633	609
Fulfillment
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation expense	696	732	2,276	2,267
Technology and infrastructure
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation expense	2,961	3,284	9,403	9,901
Sales and marketing
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation expense	1,012	1,111	3,168	3,407
General and administrative
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation expense	$ 471	$ 509	$ 1,536	$ 1,520

Stockholders' Equity - Restrict

Stockholders' Equity - Restricted Stock Unit Activity (Details) - Restricted Stock Units shares in Millions	9 Months Ended
	Sep. 30, 2024 $ / shares shares
Number of Units
Beginning balance (in shares) \| shares	405.8
Units granted (in shares) \| shares	115.4
Units vested (in shares) \| shares	(127.8)
Units forfeited (in shares) \| shares	(31.9)
Ending balance (in shares) \| shares	361.5
Weighted-Average Grant-Date Fair Value
Beginning balance (in usd per share) \| $ / shares	$ 125
Units granted (in usd per share) \| $ / shares	180
Units vested (in usd per share) \| $ / shares	133
Units forfeited (in usd per share) \| $ / shares	131
Ending balance (in usd per share) \| $ / shares	$ 139

Stockholders' Equity - Schedule

Stockholders' Equity - Scheduled Vesting for Outstanding Restricted Stock Units (Details) - Restricted Stock Units - shares shares in Millions	Sep. 30, 2024	Dec. 31, 2023
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
2024 (in shares)	82.2
2025 (in shares)	147.8
2026 (in shares)	88.8
2027 (in shares)	31.3
2028 (in shares)	8.4
Thereafter (in shares)	3
Total (in shares)	361.5	405.8

Stockholders' Equity - Changes

Stockholders' Equity - Changes in Stockholders Equity (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Changes in Stockholders' Equity
Beginning balance	$ 236,447	$ 168,602	$ 201,875	$ 146,043	$ 201,875	$ 146,043	$ 182,973
Other comprehensive income (loss)	2,075	(1,323)			1,122	(516)
Net income	15,328	9,879			39,244	19,801	49,868	$ 20,079
Ending balance	259,151	182,973	236,447	168,602	259,151	182,973	259,151	182,973
Common stock
Changes in Stockholders' Equity
Beginning balance	110	108	109	108	109	108	108
Stock-based compensation and issuance of employee benefit plan stock	0	0			1	0
Ending balance	110	108	110	108	110	108	110	108
Treasury stock
Changes in Stockholders' Equity
Beginning balance	(7,837)	(7,837)	(7,837)	(7,837)	(7,837)	(7,837)	(7,837)
Ending balance	(7,837)	(7,837)	(7,837)	(7,837)	(7,837)	(7,837)	(7,837)	(7,837)
Additional paid-in capital
Changes in Stockholders' Equity
Beginning balance	110,633	86,896	99,025	75,066	99,025	75,066	92,711
Stock-based compensation and issuance of employee benefit plan stock	5,301	5,815			16,909	17,645
Ending balance	115,934	92,711	110,633	86,896	115,934	92,711	115,934	92,711
Accumulated other comprehensive income (loss)
Changes in Stockholders' Equity
Beginning balance	(3,993)	(3,680)	(3,040)	(4,487)	(3,040)	(4,487)	(5,003)
Other comprehensive income (loss)	2,075	(1,323)			1,122	(516)
Ending balance	(1,918)	(5,003)	(3,993)	(3,680)	(1,918)	(5,003)	(1,918)	(5,003)
Retained earnings
Changes in Stockholders' Equity
Beginning balance	137,534	93,115	113,618	83,193	113,618	83,193	102,994
Net income	15,328	9,879			39,244	19,801
Ending balance	$ 152,862	$ 102,994	$ 137,534	$ 93,115	$ 152,862	$ 102,994	$ 152,862	$ 102,994

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended		12 Months Ended
Income Taxes (Details) - USD ($) $ in Millions	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Income Tax Disclosure [Abstract]
Provision (benefit) for income taxes	$ 2,706	$ 2,306	$ 6,940	$ 4,058
Net discrete tax benefit			2,400	(175)
Income tax benefit, R&D tax credits				600
Cash paid for income taxes, net of refunds	2,004	$ 2,628	8,162	$ 6,982	$ 12,359	$ 8,677
Tax contingencies	$ 6,300		$ 6,300		$ 6,300		$ 5,200

Segment Information - Reportabl

Segment Information - Reportable Segments and Reconciliation to Consolidated Net Income (Details) $ in Millions	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2024 USD ($)	Sep. 30, 2023 USD ($)	Sep. 30, 2024 USD ($) segment	Sep. 30, 2023 USD ($)	Sep. 30, 2024 USD ($)	Sep. 30, 2023 USD ($)
Segment Reporting [Abstract]
Number of operating segments \| segment			3
Segment Reporting Disclosure [Line Items]
Net sales	$ 158,877	$ 143,083	$ 450,167	$ 404,824
Operating expenses	141,466	131,895	402,777	381,181
Operating income	17,411	11,188	47,390	23,643
Total non-operating income (expense)	626	1,001	(1,125)	228
Provision for income taxes	(2,706)	(2,306)	(6,940)	(4,058)
Equity-method investment activity, net of tax	(3)	(4)	(81)	(12)
Net income	15,328	9,879	39,244	19,801	$ 49,868	$ 20,079
North America
Segment Reporting Disclosure [Line Items]
Net sales	95,537	87,887	271,911	247,314
Operating expenses	89,874	83,580	256,200	238,898
Operating income	5,663	4,307	15,711	8,416
International
Segment Reporting Disclosure [Line Items]
Net sales	35,888	32,137	99,486	90,957
Operating expenses	34,587	32,232	97,009	93,194
Operating income	1,301	(95)	2,477	(2,237)
AWS
Segment Reporting Disclosure [Line Items]
Net sales	27,452	23,059	78,770	66,553
Operating expenses	17,005	16,083	49,568	49,089
Operating income	$ 10,447	$ 6,976	$ 29,202	$ 17,464

Segment Information - Disaggreg

Segment Information - Disaggregation of Revenue (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Disaggregation of Revenue [Line Items]
Total net sales	$ 158,877	$ 143,083	$ 450,167	$ 404,824
Online stores
Disaggregation of Revenue [Line Items]
Total net sales	61,411	57,267	171,473	161,329
Physical stores
Disaggregation of Revenue [Line Items]
Total net sales	5,228	4,959	15,636	14,878
Third-party seller services
Disaggregation of Revenue [Line Items]
Total net sales	37,864	34,342	108,661	96,494
Advertising services
Disaggregation of Revenue [Line Items]
Total net sales	14,331	12,060	38,926	32,252
Subscription services
Disaggregation of Revenue [Line Items]
Total net sales	11,278	10,170	32,866	29,721
AWS
Disaggregation of Revenue [Line Items]
Total net sales	27,452	23,059	78,770	66,553
Other
Disaggregation of Revenue [Line Items]
Total net sales	$ 1,313	$ 1,226	$ 3,835	$ 3,597