Adjustments to Total Assets
Adjustments to Current Liabilities
Adjustments to Total Liabilities
Adjustments to Stockholders’ Equity
Adjustments to Capitalization Table
Adjustments to Revenues
Adjustments to Reported Income

Meta Platforms Inc., adjusted total assets

US$ in millions

	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
As Reported
Total assets	229,623)	185,727)	165,987)	159,316)	133,376)
Adjustments
Add: Operating lease right-of-use asset (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	—)
Less: Noncurrent deferred tax assets, net²	4,864)	4,946)	1,729)	2,258)	1,156)
After Adjustment
Adjusted total assets	224,759)	180,781)	164,258)	157,058)	132,220)

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

¹ Operating lease right-of-use asset (before adoption of FASB Topic 842). See details »

² Noncurrent deferred tax assets, net. See details »

Download chart

Meta Platforms Inc., adjusted current liabilities

US$ in millions

	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
As Reported
Current liabilities	31,960)	27,026)	21,135)	14,981)	15,053)
Adjustments
Less: Current accrued severance and other personnel liabilities	76)	772)	—)	—)	—)
After Adjustment
Adjusted current liabilities	31,884)	26,254)	21,135)	14,981)	15,053)

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

Download chart

Meta Platforms Inc., adjusted total liabilities

US$ in millions

	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
As Reported
Total liabilities	76,455)	60,014)	41,108)	31,026)	32,322)
Adjustments
Add: Operating lease liability (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	—)
Less: Noncurrent deferred tax liabilities²	—)	—)	—)	—)	—)
Less: Deferred revenue	675)	526)	596)	335)	234)
Less: Accrued severance and other personnel liabilities	76)	772)	—)	—)	—)
After Adjustment
Adjusted total liabilities	75,704)	58,716)	40,512)	30,691)	32,088)

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

¹ Operating lease liability (before adoption of FASB Topic 842). See details »

² Noncurrent deferred tax liabilities. See details »

Download chart

Meta Platforms Inc., adjusted stockholders’ equity

US$ in millions

	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
As Reported
Stockholders’ equity	153,168)	125,713)	124,879)	128,290)	101,054)
Adjustments
Less: Net deferred tax assets (liabilities)¹	4,864)	4,946)	1,729)	2,258)	1,156)
Add: Deferred revenue	675)	526)	596)	335)	234)
Add: Accrued severance and other personnel liabilities	76)	772)	—)	—)	—)
After Adjustment
Adjusted stockholders’ equity	149,055)	122,065)	123,746)	126,367)	100,132)

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

¹ Net deferred tax assets (liabilities). See details »

Download chart

Meta Platforms Inc., adjusted capitalization table

US$ in millions

	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
As Reported
Finance lease liabilities, current	90)	129)	75)	54)	55)
Long-term debt	18,385)	9,923)	—)	—)	—)
Finance lease liabilities, non-current	600)	558)	506)	469)	418)
Total reported debt	19,075)	10,610)	581)	523)	473)
Stockholders’ equity	153,168)	125,713)	124,879)	128,290)	101,054)
Total reported capital	172,243)	136,323)	125,460)	128,813)	101,527)
Adjustments to Debt
Add: Operating lease liability (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	—)
Add: Operating lease liabilities, current²	1,623)	1,367)	1,127)	1,023)	800)
Add: Operating lease liabilities, non-current³	17,226)	15,301)	12,746)	9,631)	9,524)
Adjusted total debt	37,924)	27,278)	14,454)	11,177)	10,797)
Adjustments to Equity
Less: Net deferred tax assets (liabilities)⁴	4,864)	4,946)	1,729)	2,258)	1,156)
Add: Deferred revenue	675)	526)	596)	335)	234)
Add: Accrued severance and other personnel liabilities	76)	772)	—)	—)	—)
Adjusted stockholders’ equity	149,055)	122,065)	123,746)	126,367)	100,132)
After Adjustment
Adjusted total capital	186,979)	149,343)	138,200)	137,544)	110,929)

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

¹ Operating lease liability (before adoption of FASB Topic 842). See details »

² Operating lease liabilities, current. See details »

³ Operating lease liabilities, non-current. See details »

⁴ Net deferred tax assets (liabilities). See details »

Download chart

Meta Platforms Inc., adjusted revenue

US$ in millions

12 months ended:	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
As Reported
Revenue	134,902)	116,609)	117,929)	85,965)	70,697)
Adjustment
Add: Increase (decrease) in deferred revenue	149)	(70)	225)	101)	117)
After Adjustment
Adjusted revenue	135,051)	116,539)	118,154)	86,066)	70,814)

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

Download chart

Meta Platforms Inc., adjusted net income

US$ in millions

12 months ended:	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
As Reported
Net income	39,098)	23,200)	39,370)	29,146)	18,485)
Adjustments
Add: Deferred income tax expense (benefit)¹	131)	(3,277)	609)	(997)	(40)
Add: Increase (decrease) in deferred revenue	149)	(70)	225)	101)	117)
Add: Increase (decrease) in accrued severance and other personnel liabilities	(696)	772)	—)	—)	—)
Add: Other comprehensive income (loss)	1,375)	(2,837)	(1,620)	1,416)	271)
After Adjustment
Adjusted net income	40,057)	17,788)	38,584)	29,666)	18,833)

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

¹ Deferred income tax expense (benefit). See details »

Download chart

Meta Platforms Inc. (NASDAQ:META)

Adjustments to Financial Statements

Adjustments to Total Assets

Adjustments to Current Liabilities

Adjustments to Total Liabilities

Adjustments to Stockholders’ Equity

Adjustments to Capitalization Table

Adjustments to Revenues

Adjustments to Reported Income