File Home Insert Page Layout Formulas Data Review View Help l3 Share D Comments X. Cut , , . u = 5, 3,, _' Z Autosum v A 'Q I] [a Calltlrl v 11 v A A : f v \"a WrapText General v X I Z? E Copy v , FlllV , Paste V i: V V A V V V a on Conditional Format as Cell Insert Delete Format Sorta Find 8: Analyze Sensitivity v g Format Painter B I E 3i 0' E \"5'95 3'55\"\" $ % 3 \"'1 ""1 Formatting v Table v Styles v v v v Clear V Filter v Select v Data v Clipboard 5 Font E Alignment E Number E Style; Cell; Editing Analysis Sensitivity ' 5 Cover Page , USD (S) A B l c l D l E l r l G l H l I l J Cover Pi e-USDlS) 12 Months Ended E Dec. 31, 2020 Jan. 20, 2021 Jun. 30, 2020 A1 A L L L Cover [Abstract] L Document Type 3 Document Annual Report Document Period End Date 5_ 7_ 8_ 9_ 3 Current Fiscal Year End Date Document Transition Report Entity File Number Entity Registrant Name 11 Entity incorporation, State or Country Code Entity Tax identification Number Entity Address, Address Line One Entity Address, City or Town Entity Address, State or Province Entity Address, Postal Zip Code City Area Code Local Phone Number Title of 11(b) Security Trading Symbol Security Exchange Name Entity Well-known Seasoned issuer Entity Voluntary Filers Entity Current Reporting Status Entity lnteractive Data Current Entity Filer Category Entity Small Business Entity Emerging Growth Company 107K true Dec. 31, 2020 "12731 false 000722513 AMAZONCOM, lNC. DE 9171646860 410 Terry Avenue North Seattle WA 9810975210 '206 26671000 Common Stock, par value 5.01 per share AMZN NASDAQ Yes No Yes Yes Large Accelerated Filer false false ; Cover Page Consolidated Statements of Cash | Consolidated Statements of Oper l Consolidated Statements of Com; n p Type here to search E 4 File Home Insert Page Layout Formulas Data Review View Help l3 Share D Comments rr _ =r Default v BEE m 1 v Ruler Formula Bar O\\ $ E61 t E 5"\" Dal/'8'" 5'\" by 5"\" l=lr= [E Keep Q Exit Q New Options Normal Page Break Page Custom V Gridlines J Headings Zoom 100% Zoom to New Arrange Freeze IA H'de [Pl Symmmus SHOW? SWItcll Preview Layout Views Selection Window All PanesV DUrlhide [Reset Window Positlon Windows V V Sheet View Workbookviewi snow Zoom Window Macros A1 ' 5 Cover Page r USD (S) A A | B c D l E l l H l I l J 1 city Area Code '206 E Local Phone Number 266-1000 3 Title of 12(b) Security Common Stock, par value 5.01 per share 23 Trading Symbol AMZN 2; Security Exchange Name NASDAQ 21 Entity Wellcknown Seasoned lssuer Yes 21 Entity Voluntary Filers No 2: Entity Current Reporting Status Yes 21 Entity interactive Data Current Yes Zi Entity Filer Category Large Accelerated Filer 21 Entity Small Business false Zl Entity Emerging Growth Company false 21 ICFR Auditor Attestation Flag true Entity Shell Company false 1 Entity Public Float ###### 3; Entity Common Stock, Shares Outstanding 5031564113 Documents incorporated by Reference The information required by Part ill of this Report, to the extent not set forth herein, is incorporated herein by reference from the registrants definitive proxy statement relating to the Annual Meeting of Shareholders to be held in 2021, which definitive proxy statement shall be filed with the Securities and Exchange Commission within 120 days after the end of the fiscal yearto :3 which this Report relates. 3: Amendment Flag false 3: Document Fiscal Year Focus '2020 goocument Fiscal Period Focus FY 31 Entity Central index Key '0001013724 33 33 g 41 ; Cover Page Consolidated Statements of Cash | Consolidated Statements of Oper l Consolidated Statements of Com; E 4 n p Type here to search AutoSave . Off ) Amazon FS - Excel Search Brenda Gutierrez1 BG X File Home Insert Page Layout Formulas Data Review View Help Share Comments Default Ruler Formula Bar 4Split DO View Side by Side Zoom 100% Zoom to Hide ID Synchronous Scrolling Keep Exit New Options Normal Page Break Page Custom Gridlines Headings New Arrange Freeze Switch Macros Preview Layout Views Selection Window All Panes Unhide I DD Reset Window Position Windows v Sheet View Workbook Views Show Zoom Window Macros A1 X V fx Consolidated Statements of Cash Flows - USD ($) $ in Millions B C D E F G H K L M 12 Months Ended Consolidated Statements of Cash Flows - USD ($) $ in Millions N Dec. 31, 2020 Dec. 31, 2019 Dec. 31, 2018 3 Statement of Cash Flows [ Abstract] 4 CASH, CASH EQUIVALENTS, AND RESTRICTED CASH, BEGINNING OF PERIOD $ 36,410 $ 32,173 $ 21,856 5 OPERATING ACTIVITIES: 6 Net income 21,331 11,588 10,073 7 Adjustments to reconcile net income to net cash from operating activities: Depreciation and amortization of property and equipment and capitalized content costs, 25,251 21,789 15,341 8 operating lease assets, and other 9 Stock-based compensation 9,208 5,864 5,418 10 Other operating expense (income), net (71) 164 274 11 Other expense (income), net (2,582) (249) 219 12 Deferred income taxes (554) 796 441 13 Changes in operating assets and liabilities: 14 Inventories (2,849) (3,278) (1,314) 15 Accounts receivable, net and other (8,169) (7,681) (4,615) 16 Accounts payable 17,480 8.193 3,263 17 Accrued expenses and other 5,754 (1,383 472 18 Unearned revenue 1,265 1,711 1,151 19 Net cash provided by (used in) operating activities 66,064 38,514 30,723 20 INVESTING ACTIVITIES: 21 Purchases of property and equipment (40,140) (16,861) (13,427) 22 Proceeds from property and equipment sales and incentives 5,096 4,172 2,104 23 Acquisitions, net of cash acquired, and other (2,325) (2,461) (2,186 24 Sales and maturities of marketable securities 50,237 22,681 8,240 25 Purchases of marketable securities (72,479) (31,812) (7,100) 26 Net cash provided by (used in) investing activities (59,611) (24,281) (12,369) 27 FINANCING ACTIVITIES: 28 Proceeds from short-term debt, and other 6,796 1,402 886 Cover Page Consolidated Statements of Cash Consolidated Statements Of Oper Consolidated Statements of Comp ... + + 100% Type here to search O 9 ?~) ENG 9:18 AM 5/1/2021AutoSave . Off ) Amazon FS - Excel Search Brenda Gutierrez1 BG X File Home Insert Page Layout Formulas Data Review View Help Share Comments Default Ruler Formula Bar GSplit DO View Side by Side Normal Page Break Page Custom Zoom 100% Zoom to Hide ID Synchronous Scrolling Keep Exit New Options Gridlines Headings New Arrange Freeze Switch Macros Preview Layout Views Selection Window All Panes Unhide I DD Reset Window Position Windows v Sheet View Workbook Views Show Zoom Window Macros A1 X v fx Consolidated Statements of Cash Flows - USD ($) $ in Millions A B C D E F G H K L M 12 Deferred income taxes (554 796 441 13 Changes in operating assets and liabilities: 14 Inventories (2,849) (3,278) (1,314) 15 Accounts receivable, net and other (8,169 (7,681) (4,615) 16 Accounts payable 17,480 8,19 3,263 17 Accrued expenses and other 5,754 (1,383) 472 18 Unearned revenue 1,265 1,711 1,151 19 Net cash provided by (used in) operating activities 66,064 38,514 30,723 20 INVESTING ACTIVITIES 21 Purchases of property and equipment (40,140) (16,861) (13,427) 22 Proceeds from property and equipment sales and incentives 5,096 4,172 2,104 Acquisitions, net of cash acquired, and other (2,325) (2,461) (2,186) 24 Sales and maturities of marketable securities 50,237 22,681 3,240 25 Purchases of marketable securities (72,479) (31,812) (7,100) 26 Net cash provided by (used in) investing activities (59,611) (24,281) (12,369) 27 FINANCING ACTIVITIES: 28 Proceeds from short-term debt, and other 6,796 1,402 886 29 Repayments of short-term debt, and other (6,177) (1,518 (813) 30 Proceeds from long-term debt 10,525 871 182 31 Repayments of long-term debt (1,553) (1,166) (155) 32 Principal repayments of finance leases (10,642) (9,628) (7,449) 33 Principal repayments of financing obligations (53) 27) (337) 34 Net cash provided by (used in) financing activities (1,104) (10,066) (7,686) 35 Foreign currency effect on cash, cash equivalents, and restricted cash 618 70 (351) 36 Net increase (decrease) in cash, cash equivalents, and restricted cash 5,967 4,237 10,317 37 CASH, CASH EQUIVALENTS, AND RESTRICTED CASH, END OF PERIOD $ 42,377 $ 36,410 $ 32,173 38 39 40 Cover Page Consolidated Statements of Cash Consolidated Statements Of Oper Consolidated Statements of Comp ... + + 100% Type here to search O 9 ?~) ENG 9:18 AM 5/1/2021AutoSave . Off ) Amazon FS - Excel Search Brenda Gutierrez1 BG X File Home Insert Page Layout Formulas Data Review View Help Share Comments Ruler View Side by Side Default Formula Bar 4Split Hide ID Synchronous Scrolling Zoom 100% Zoom to New Arrange Freeze Switch Macros Keep Exit New Options Normal Page Break Page Custom Gridlines Headings Preview Layout Views Selection Window All Panes Unhide I DD Reset Window Position Windows v Sheet View Workbook Views Show Zoom Window Macros A33 X V fx B C D E F G H K L M 12 Months Ended Consolidated Statements Of Operations - USD ($) shares in Millions, $ in Millions IN Dec. 31, 2020 Dec. 31, 2019 Dec. 31, 2018 3 Total net sales $ 386,064 $ 280,522 $ 232,887 4 Operating expenses: 5 Cost of sales 233,307 165,536 139,156 6 Fulfillment 58,517 40,232 34,027 7 Technology and content 42,740 35,931 28,837 8 Marketing 22,008 18,878 13,814 9 General and administrative 899'9 5.203 4,336 10 Other operating expense (income), net (75 201 296 11 Total operating expenses 363,165 265,981 220,466 12 Operating income 22,899 14,541 12,421 13 Interest income 555 832 440 14 Interest expense (1,647) (1,600) (1,417) 15 Other income (expense), net 2,371 203 (183) 16 Total non-operating income (expense) 1,279 (565) (1,160) 17 Income before income taxes 24,178 13,976 11,261 18 Provision for income taxes (2,863) (2,374) (1,197) 19 Equity-method investment activity, net of tax 16 (14 20 Net income $ 21,331 $ 11,588 $ 10,073 21 Basic earnings per share (in dollars per share) $ 42.64 $ 23.46 $ 20.68 22 Diluted earnings per share (in dollars per share) $ 41.83 $ 23.01 $ 20.14 23 Weighted-average shares used in computation of earnings per share: 24 Basic (in shares) 500 494 487 25 Diluted (in shares) 510 504 500 26 Net product sales 27 Total net sales $ 215,915 $ 160,408 $ 141,915 28 Net service sales 29 Total net sales $ 170,149 $ 120,114 $ 90,972 Cover Page | Consolidated Statements of Cash Consolidated Statements Of Oper Consolidated Statements of Comp ... + + 100% 9:18 AM Type here to search O 9 ?~) ENG 5/1/2021AutoSave . Off ) Amazon FS - Excel Search Brenda Gutierrez1 BG X File Home Insert Page Layout Formulas Data Review View Help Share Comments Default Ruler Formula Bar GSplit DO View Side by Side Normal Page Break Page Custom Zoom 100% Zoom to New Arrange Freeze Hide ID Synchronous Scrolling Keep Exit New Options Switch Macros Gridlines Headings Preview Layout Views Selection Window All Panes Unhide I DD Reset Window Position Windows v Sheet View Workbook Views Show Zoom Window Macros A1 X V fx Consolidated Statements of Comprehensive Income - USD ($) $ in Millions B C D E F G H K L M 12 Months Ended Consolidated Statements of Comprehensive Income - USD ($) $ in Millions N Dec. 31, 2020 Dec. 31, 2019 Dec. 31, 2018 3 Statement of Comprehensive Income [ Abstract] Net income $ 21,331 $ 11,588 $ 10,073 5 Net change in foreign currency translation adjustments: 6 Foreign currency translation adjustments, net of tax of $6, $(5), and $(36) 561 78 (538) Reclassification adjustment for foreign currency translation included in "Other operating expense (108) 7 (income), net," net of tax of $0, $29, and $0 8 Net foreign currency translation adjustments 561 (30) (538) 9 Net change in unrealized gains (losses) on available-for-sale debt securities: 10 Unrealized gains (losses), net of tax of $0, $(12), and $(83) 273 83 (17) Reclassification adjustment for losses (gains) included in "Other income (expense), net," net of tax (28) ( 4 ) 8 11 of $0, $0, and $8 12 Net unrealized gains (losses) on available-for-sale debt securities 245 79 (9) 13 Total other comprehensive income (loss) 806 49 (547) 14 Comprehensive income $ 22,137 $ 11,637 $ 9,526 15 16 17 18 19 20 21 22 23 24 25 26 27 ... Consolidated Statements of Cash | Consolidated Statements Of Oper Consolidated Statements of Comp Consolida ... + + 100% Type here to search O 9 W ?~) ENG 9:18 AM 5/1/2021AutoSave . Off ) Amazon FS - Excel Search Brenda Gutierrez1 BG X File Home Insert Page Layout Formulas Data Review View Help Share Comments Default Ruler Formula Bar GETSplit DO View Side by Side Keep Exit New Options Normal Page Break Page Custom New Arrange Freeze Synchronous Scrolling Gridlines Headings Zoom 100% Zoom to Hide Switch Macros Preview Layout Views Selection Window All Panes Unhide I DD Reset Window Position Windows v Sheet View Workbook Views Show Zoom Window Macros A1 X v fx Consolidated Statements of Comprehensive Income (Parenthetical) - USD ($) $ in Millions B D E F G H K L M 12 Months Ended Consolidated Statements of Comprehensive Income (Parenthetical) - USD ($) $ in Millions N Dec. 31, 2020 Dec. 31, 2019 Dec. 31, 2018 Statement of Comprehensive Income [Abstract] Foreign currency translation adjustments, tax $ (36) $ (5) $ 6 Reclassification adjustment for foreign currency translation included in "Other operating expense 0 29 5 (income), net," tax 6 Unrealized gains (losses), tax (83) (12) 0 Reclassification adjustment for losses (gains) included in "Other income (expense), net," tax $ 8 SO SO 10 11 12 13 14 15 16 22 23 24 25 26 27 28 ... Consolidated Statements Of Oper | Consolidated Statements of Comp Consolidated Statements of Co_2 Consolida ... + + 100% Type here to search O 9 W ?~) ENG 9:18 AM 5/1/2021AutoSave . Off ) Amazon FS - Excel Search Brenda Gutierrez1 BG X File Home Insert Page Layout Formulas Data Review View Help Share Comments Default Ruler Formula Bar 4Split View Side by Side Normal Page Break Page Custom Zoom 100% Zoom to New Arrange Freeze Hide ID Synchronous Scrolling Keep Exit New Options Gridlines Headings Switch Macros Preview Layout Views Selection Window All Panes Unhide I DD Reset Window Position Windows v Sheet View Workbook Views Show Zoom Window Macros A1 X V fx Consolidated Balance Sheets - USD ($) $ in Millions A B C D E F G H J K L M N 8 Property and equipment, net 113,114 72,705 9 Operating leases 37,553 25,141 10 Goodwill 15,017 14,754 11 Other assets 22,778 16,314 12 Total assets 321,195 225,248 13 Current liabilities: 14 Accounts payable 72,539 47,183 15 Accrued expenses and other 44,138 32,439 16 Unearned revenue 9,708 8,190 17 Total current liabilities 126,385 87,812 18 Long-term lease liabilities 52,573 39,791 19 Long-term debt 31,816 23,414 20 Other long-term liabilities 17,017 12,171 21 Commitments and contingencies (Note 7) 22 Stockholders' equity: 23 Preferred stock, $0.01 par value: Authorized shares - 500 Issued and outstanding shares - none o 0 Common stock, $0.01 par value: Authorized shares - 5,000 Issued shares - 521 and 527 5 24 Outstanding shares - 498 and 503 25 Treasury stock, at cost (1,837) (1,837) 26 Additional paid-in capital 42,865 33,658 27 Accumulated other comprehensive income (loss) (180) (986) 28 Retained earnings 52,551 31,220 29 Total stockholders' equity 93,404 62,060 30 Total liabilities and stockholders' equity $ 321,195 $ 225,248 31 32 33 34 35 ... Consolidated Statements of Comp | Consolidated Statements of Co_2 Consolidated Balance Sheets Consolidated B ... + + 100% Type here to search O 9 W ?~) ENG 9:18 AM 5/1/2021AutoSave . Off ) Amazon FS - Excel Search Brenda Gutierrez1 BG X File Home Insert Page Layout Formulas Data Review View Help Share Comments Default Ruler Formula Bar 4Split DO View Side by Side Hide ID Synchronous Scrolling Switch Macros Keep Exit New Options Normal Page Break Page Custom Gridlines Headings Zoom 100% Zoom to New Arrange Freeze Preview Layout Views Selection Window All Panes Unhide IDD Reset Window Position Windows v Sheet View Workbook Views Show Zoom Window Macros A1 X V fx Consolidated Balance Sheets (Parenthetical) - $ / shares B C D E F G H J K L M N O P Q 4 Consolidated Balance Sheets (Parenthetical) - $ / shares Dec. 31, 2020 Dec. 31, 20 Statement of Financial Position [Abstract] Preferred stock, par value (in usd per share) $ 0.01 $ 0.01 4 Preferred stock, authorized (in shares) 500,000,000 500,000,000 5 Preferred stock, issued (in shares) 6 Preferred stock, outstanding (in shares) 7 Common stock, par value (in usd per share) $ 0.01 $ 0.01 Common stock, authorized (in shares) 5,000,000,000 5,000,000,000 9 Common stock, issued (in shares) 527,000,000 521,000,000 0 Common stock, outstanding (in shares) 503,000,000 498,000,000 11 12 13 14 15 16 17 18 19 20 21 23 24 25 26 27 28 29 ... Consolidated Statements of Co_2 | Consolidated Balance Sheets Consolidated Balance Sheets (Pa Consolidated Stat ... + + 100% Type here to search 9:18 AM O 9 w ? ~ ) ENG 5/1/2021AutoSave . Off ) Amazon FS - Excel Search Brenda Gutierrez1 BG X File Home Insert Page Layout Formulas Data Review View Help Share Comments Default Ruler Formula Bar Q P GETSplit View Side by Side Zoom 100% Zoom to New Arrange Freeze Hide ID Synchronous Scrolling Keep Exit New Options Normal Page Break Page Custom Switch Macros Gridlines Headings Preview Layout Views Selection Window All Panes Unhide | Reset Window Position Windows v Sheet View Workbook Views Show Zoom Window Macros A1 X V Consolidated Statements of Stockholders' Equity - USD ($) shares in Millions, $ in Millions B D F Common Consolidated Statements of Stockholders' Equity - USD ($) shares in Millions, $ in Millions Total Cumulative Effect, Period of Adoption, Adjustment Treasury Stock Additional Paid-In Capital Stock Accumy Beginning Balance (in shares) at Dec. 31, 2017 484 3 Beginning Balance at Dec. 31, 2017 $ 27,709 $ 912 $ 5 $ (1,837) $ 21,389 4 Increase (Decrease) in Stockholders' Equity [Roll Forward] 5 Net income 10,073 6 Other comprehensive income (loss) (547) 7 Exercise of common stock options (in shares) 7 8 Stock-based compensation and issuance of employee benefit plan stock 5,402 5,402 9 Ending Balance (in shares) at Dec. 31, 2018 491 10 Ending Balance at Dec. 31, 2018 43,549 $7 $ 5 (1,837) 26,791 11 Increase (Decrease) in Stockholders' Equity [Roll Forward] 12 Net income 11,588 13 Other comprehensive income (loss) 49 14 Exercise of common stock options (in shares) 7 15 Stock-based compensation and issuance of employee benefit plan stock 6,867 6,867 16 Ending Balance (in shares) at Dec. 31, 2019 498 17 Ending Balance at Dec. 31, 2019 62,060 $ 5 (1,837) 33,658 18 Increase (Decrease) in Stockholders' Equity [Roll Forward] 19 Net income 21,331 20 Other comprehensive income (loss) 806 21 Exercise of common stock options (in shares) 5 22 Stock-based compensation and issuance of employee benefit plan stock 9,207 9,207 23 Ending Balance (in shares) at Dec. 31, 2020 503 24 Ending Balance at Dec. 31, 2020 $ 93,404 $ 5 $ (1,837) $ 42,865 25 26 27 28 ... Consolidated Balance Sheets | Consolidated Balance Sheets (Pa Consolidated Statements of Stoc Description of Bus ... + + 100% Type here to search O 9 W ?~ ) ENG 9:19 AM 5/1/2021AutoSave . Off ) Amazon FS - Excel Search Brenda Gutierrez1 BG X File Home Insert Page Layout Formulas Data Review View Help Share Comments Default Ruler Formula Bar GSplit DO View Side by Side Normal Page Break Page Custom Zoom 100% Zoom to New Arrange Freeze Hide ID Synchronous Scrolling Keep Exit New Options Switch Macros Preview Layout Views Gridlines Headings Selection Window All Panes Unhide InReset Window Position Windows v Sheet View Workbook Views Show Zoom Window Macros A1 X V . Consolidated Statements of Stockholders' Equity - USD ($) shares in Millions, $ in Millions H K L M N Accumulated Other Comprehensive Income (Loss)Cumulative Effect, Period of Adoption, Adjustment Retained Earnings Retained EarningsCumulative Effect, Period of Adoption, Adjustment $ (4) $ 8,636 $ 916 10,073 19,625 $7 11,588 31,220 21,331 22 23 24 $ 52,551 25 26 27 28 ... Consolidated Balance Sheets | Consolidated Balance Sheets (Pa Consolidated Statements of Stoc Description of Bus ... + + 100% Type here to search O 9 w ?~ ) ENG 9:19 AM 5/1/2021