Option Grant and Exercise Terms

Table of Contents Cash Level 1 securities: Money market funds Level 2 securities: Foreign Time Deposits As of December 31, 2020 Cash and cash Other Current Non-current equivalents Assets Assets Total $ 3,331,860 $ (in thousands) 1,783 $ 31,284 $ 3,364,927 4,573,690 253 4,573,943 $ 300,000 8,205,550 $ 300,000 1,783 $ 31,537 $ 8,238,870 Other current assets include restricted cash for deposits related to self insurance. Non-current assets include restricted cash related to letter of credit agreements. Foreign time deposits of $300 million, classified as Level 2 securities, were included in Cash and cash equivalents on the Company's Balance Sheet as of December 31, 2020. The fair value of cash equivalents included in the Level 2 category is based on observable inputs, such as quoted prices for similar assets at the measurement date; quoted prices in markets that are not active; or other inputs that are observable, either directly or indirectly. See Note 6 Debt to the consolidated financial statements for further information regarding the fair value of the Company's senior notes. 5.Balance Sheet Components Content Assets, Net Content assets consisted of the following: Licensed content, net Produced content, net Released, less amortization In production In development and pre-production As of December 31, 2021 2020 $ (in thousands) 13,799,221 $ 13,747,607 6,877,743 5,809,681 9,235,975 4,827,455 1,006,600 999,207 17,120,318 11,636,343 $ 30,919,539 $ 25,383,950 Content assets, net As of December 31, 2021, approximately $6,008 million, $3,149 million, and $1,944 million of the $13,799 million unamortized cost of the licensed content is expected to be amortized in each of the next three years. As of December 31, 2021, approximately $2,736 million, $1,884 million, and $1,138 million of the $6,878 million unamortized cost of the produced content that has been released is expected to be amortized in each of the next three years. As of December 31, 2021, the amount of accrued participations and residuals was not material. 49

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