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, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
As Reported
Total assets	276,054)	229,623)	185,727)	165,987)	159,316)
Adjustments
Add: Operating lease right-of-use asset (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	—)
Less: Noncurrent deferred tax assets, net²	9,578)	4,864)	4,946)	1,729)	2,258)
After Adjustment
Adjusted total assets	266,476)	224,759)	180,781)	164,258)	157,058)

Based on: 10-K (reporting date: 2024-12-31), 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).

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

² Noncurrent deferred tax assets, net. See details »

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Meta Platforms Inc., adjusted current liabilities

US$ in millions

	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
As Reported
Current liabilities	33,596)	31,960)	27,026)	21,135)	14,981)
Adjustments
Less: Current accrued severance and other personnel liabilities	—)	76)	772)	—)	—)
After Adjustment
Adjusted current liabilities	33,596)	31,884)	26,254)	21,135)	14,981)

Based on: 10-K (reporting date: 2024-12-31), 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).

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Meta Platforms Inc., adjusted total liabilities

US$ in millions

	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
As Reported
Total liabilities	93,417)	76,455)	60,014)	41,108)	31,026)
Adjustments
Add: Operating lease liability (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	—)
Less: Noncurrent deferred tax liabilities²	—)	—)	—)	—)	—)
Less: Deferred revenue	772)	675)	526)	596)	335)
Less: Accrued severance and other personnel liabilities	—)	76)	772)	—)	—)
After Adjustment
Adjusted total liabilities	92,645)	75,704)	58,716)	40,512)	30,691)

Based on: 10-K (reporting date: 2024-12-31), 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).

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

² Noncurrent deferred tax liabilities. See details »

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Meta Platforms Inc., adjusted stockholders’ equity

US$ in millions

	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
As Reported
Stockholders’ equity	182,637)	153,168)	125,713)	124,879)	128,290)
Adjustments
Less: Net deferred tax assets (liabilities)¹	9,578)	4,864)	4,946)	1,729)	2,258)
Add: Deferred revenue	772)	675)	526)	596)	335)
Add: Accrued severance and other personnel liabilities	—)	76)	772)	—)	—)
After Adjustment
Adjusted stockholders’ equity	173,831)	149,055)	122,065)	123,746)	126,367)

Based on: 10-K (reporting date: 2024-12-31), 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).

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

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Meta Platforms Inc., adjusted capitalization table

US$ in millions

	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
As Reported
Finance lease liabilities, current	76)	90)	129)	75)	54)
Long-term debt	28,826)	18,385)	9,923)	—)	—)
Finance lease liabilities, non-current	633)	600)	558)	506)	469)
Total reported debt	29,535)	19,075)	10,610)	581)	523)
Stockholders’ equity	182,637)	153,168)	125,713)	124,879)	128,290)
Total reported capital	212,172)	172,243)	136,323)	125,460)	128,813)
Adjustments to Debt
Add: Operating lease liability (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	—)
Add: Operating lease liabilities, current²	1,942)	1,623)	1,367)	1,127)	1,023)
Add: Operating lease liabilities, non-current³	18,292)	17,226)	15,301)	12,746)	9,631)
Adjusted total debt	49,769)	37,924)	27,278)	14,454)	11,177)
Adjustments to Equity
Less: Net deferred tax assets (liabilities)⁴	9,578)	4,864)	4,946)	1,729)	2,258)
Add: Deferred revenue	772)	675)	526)	596)	335)
Add: Accrued severance and other personnel liabilities	—)	76)	772)	—)	—)
Adjusted stockholders’ equity	173,831)	149,055)	122,065)	123,746)	126,367)
After Adjustment
Adjusted total capital	223,600)	186,979)	149,343)	138,200)	137,544)

Based on: 10-K (reporting date: 2024-12-31), 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).

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 »

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Meta Platforms Inc., adjusted revenue

US$ in millions

12 months ended:	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
As Reported
Revenue	164,501)	134,902)	116,609)	117,929)	85,965)
Adjustment
Add: Increase (decrease) in deferred revenue	97)	149)	(70)	225)	101)
After Adjustment
Adjusted revenue	164,598)	135,051)	116,539)	118,154)	86,066)

Based on: 10-K (reporting date: 2024-12-31), 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).

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Meta Platforms Inc., adjusted net income

US$ in millions

12 months ended:	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
As Reported
Net income	62,360)	39,098)	23,200)	39,370)	29,146)
Adjustments
Add: Deferred income tax expense (benefit)¹	(4,737)	131)	(3,277)	609)	(997)
Add: Increase (decrease) in deferred revenue	97)	149)	(70)	225)	101)
Add: Increase (decrease) in accrued severance and other personnel liabilities	(76)	(696)	772)	—)	—)
Add: Other comprehensive income (loss)	(942)	1,375)	(2,837)	(1,620)	1,416)
After Adjustment
Adjusted net income	56,702)	40,057)	17,788)	38,584)	29,666)

Based on: 10-K (reporting date: 2024-12-31), 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).

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

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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