What is the amount reported for intangible assets? Use this opportunity to explain how long-lived assets are reported.

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Cash flows from operating activities Net income Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization Share-based compensation Deferred income taxes Other Changes in assets and liabilities: Accounts receivable Prepaid expenses and other current assets Other assets Accounts payable Partners payable Accrued expenses and other current liabilities Deferred revenue and deposits Other liabilities Net cash provided by operating activities Cash flows from investing activities Purchases of property and equipment Purchases of marketable securities Sales of marketable securities Maturities of marketable securities Purchases of equity investments Acquisitions of businesses, net of cash acquired, and purchases of intangible assets Other investing activities Net cash used in investing activities Cash flows from financing activities Taxes paid related to net share settlement of equity awards Repurchases of Class A common stock Principal payments on finance leases Net change in overdraft in cash pooling entities Other financing activities Net cash used in financing activities Effect of exchange rate changes on cash, cash equivalents, and restricted cash Net increase (decrease) in cash, cash equivalents, and restricted cash Cash, cash equivalents, and restricted cash at beginning of the period Cash, cash equivalents, and restricted cash at end of the period Reconciliation of cash, cash equivalents, and restricted cash to the consolidated balance sheets Cash and cash equivalents Restricted cash, included in prepaid expenses and other current assets Restricted cash, included in other assets Total cash, cash equivalents, and restricted cash META PLATFORMS, INC. CONSOLIDATED STATEMENTS OF CASH FLOWS (In millions) $ $ $ $ 2021 39,370 7,967 9,164 609 (127) (3,110) (1,750) (349) 1,436 (12) 3,357 187 941 57,683 (18,567) (30,407) 31,671 10,915 (47) (851) (284) (7,570) (5,515) (44,537) (677) 14 (13) (50,728) (474) (1,089) 17,954 16,865 16,601 149 115 16,865 $ $ $ $ Year Ended December 31, 2020 29,146 $ 6,862 6,536 (1,192) 118 (1,512) 135 (34) (17) 178 (1,054) 108 (527) 38,747 (15,115) (33,930) 11,787 13,984 (6,361) (388) (36) (30,059) (3,564) (6,272) (604) 24 124 (10,292) 279 (1,325) 19,279 17,954 $ 17,576 241 137 17,954 $ $ 2019 18,485 5,741 4,836 (37) 39 (1,961) 47 41 113 348 7,300 123 1,239 36,314 (15,102) (23,910) 9,565 10,152 (61) (508) (19,864) (2,337) (4,202) (552) (223) 15 (7,299) 4 9,155 10,124 19,279 19,079 8 192 19,279 Cash flows from operating activities Net income Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization Share-based compensation Deferred income taxes Other Changes in assets and liabilities: Accounts receivable Prepaid expenses and other current assets Other assets Accounts payable Partners payable Accrued expenses and other current liabilities Deferred revenue and deposits Other liabilities Net cash provided by operating activities Cash flows from investing activities Purchases of property and equipment Purchases of marketable securities Sales of marketable securities Maturities of marketable securities Purchases of equity investments Acquisitions of businesses, net of cash acquired, and purchases of intangible assets Other investing activities Net cash used in investing activities Cash flows from financing activities Taxes paid related to net share settlement of equity awards Repurchases of Class A common stock Principal payments on finance leases Net change in overdraft in cash pooling entities Other financing activities Net cash used in financing activities Effect of exchange rate changes on cash, cash equivalents, and restricted cash Net increase (decrease) in cash, cash equivalents, and restricted cash Cash, cash equivalents, and restricted cash at beginning of the period Cash, cash equivalents, and restricted cash at end of the period Reconciliation of cash, cash equivalents, and restricted cash to the consolidated balance sheets Cash and cash equivalents Restricted cash, included in prepaid expenses and other current assets Restricted cash, included in other assets Total cash, cash equivalents, and restricted cash META PLATFORMS, INC. CONSOLIDATED STATEMENTS OF CASH FLOWS (In millions) $ $ $ $ 2021 39,370 7,967 9,164 609 (127) (3,110) (1,750) (349) 1,436 (12) 3,357 187 941 57,683 (18,567) (30,407) 31,671 10,915 (47) (851) (284) (7,570) (5,515) (44,537) (677) 14 (13) (50,728) (474) (1,089) 17,954 16,865 16,601 149 115 16,865 $ $ $ $ Year Ended December 31, 2020 29,146 $ 6,862 6,536 (1,192) 118 (1,512) 135 (34) (17) 178 (1,054) 108 (527) 38,747 (15,115) (33,930) 11,787 13,984 (6,361) (388) (36) (30,059) (3,564) (6,272) (604) 24 124 (10,292) 279 (1,325) 19,279 17,954 $ 17,576 241 137 17,954 $ $ 2019 18,485 5,741 4,836 (37) 39 (1,961) 47 41 113 348 7,300 123 1,239 36,314 (15,102) (23,910) 9,565 10,152 (61) (508) (19,864) (2,337) (4,202) (552) (223) 15 (7,299) 4 9,155 10,124 19,279 19,079 8 192 19,279

Answer rating: 100% (QA)

answer Financial Reporting for Intangible Assets Intangible Assets Purchased in Situation... View the full answer