Amazon Com Inc 10-K for FY2022

Amazon Com Inc (AMZN)

10-K 2023-02-03 For: 2022-12-31

Added on April 01, 2026

About this 10-K

Amazon Com Inc filed this 10-K on February 3, 2023, covering the fiscal year ended December 31, 2022 (FY2022).

Headline figures

Fiscal year ended December 31, 2022, as reported in this filing, compared with the same period a year earlier where the filing states it.

Revenue: $513.98B; up 9.4% from $469.82B a year earlier
Net loss: $2.72B; compared with net income of $33.36B a year earlier
Diluted EPS: -$0.27; compared with $3.24 a year earlier

Search and read filings like this one from Claude or ChatGPT with the SEC filings MCP server →


Delaware						91-1646860
(State or other jurisdiction of incorporation or organization)						(I.R.S. Employer Identification No.)


Title of Each Class	Trading Symbol(s)	Name of Each Exchange on Which Registered
Common Stock, par value $.01 per share	AMZN	Nasdaq Global Select Market


Aggregate market value of voting stock held by non-affiliates of the registrant as of June 30, 2022	$	944,744,113,598
Number of shares of common stock outstanding as of January 25, 2023	10,247,259,757


		Page
PART I
Item 1.	Business	3
Item 1A.	Risk Factors	6
Item 1B.	Unresolved Staff Comments	16
Item 2.	Properties	17
Item 3.	Legal Proceedings	17
Item 4.	Mine Safety Disclosures	17

PART II
Item 5.	Market for the Registrant’s Common Stock, Related Shareholder Matters, and Issuer Purchases of Equity Securities	18
Item 6.	Reserved	18
Item 7.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	19
Item 7A.	Quantitative and Qualitative Disclosures About Market Risk	31
Item 8.	Financial Statements and Supplementary Data	33
Item 9.	Changes in and Disagreements with Accountants on Accounting and Financial Disclosure	69
Item 9A.	Controls and Procedures	69
Item 9B.	Other Information	71
Item 9C.	Disclosure Regarding Foreign Jurisdictions that Prevent Inspections	71

PART III
Item 10.	Directors, Executive Officers, and Corporate Governance	71
Item 11.	Executive Compensation	71
Item 12.	Security Ownership of Certain Beneficial Owners and Management and Related Shareholder Matters	71
Item 13.	Certain Relationships and Related Transactions, and Director Independence	71
Item 14.	Principal Accountant Fees and Services	71

PART IV
Item 15.	Exhibits, Financial Statement Schedules	72
Item 16.	Form 10-K Summary	74
Signatures		75


Description of Use	Leased Square Footage (1)	Owned Square Footage	Location
Office space	30,611	6,792	North America
Office space	23,956	1,802	International
Physical stores (2)	22,881	662	North America
Physical stores (2)	291	—	International
Fulfillment, data centers, and other	391,598	22,058	North America
Fulfillment, data centers, and other	148,146	12,613	International
Total	617,483	43,927


☒			ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934


☐			TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934


Segment	Leased Square Footage (1)	Owned Square Footage (1)
North America	403,984	13,595
International	140,898	6,292
AWS	18,034	15,446
Total	562,916	35,333


	Year Ended December 31,
	2021		2022
Cash provided by (used in):
Operating activities	$	46,327	$	46,752
Investing activities	(58,154)		(37,601)
Financing activities	6,291		9,718


	Year Ended December 31, 2021						Year Ended December 31, 2022
	As Reported		Exchange Rate Effect (1)		At Prior Year Rates (2)		As Reported		Exchange Rate Effect (1)		At Prior Year Rates (2)
Net sales	$	469,822	$	(3,804)	$	466,018	$	513,983	$	15,495	$	529,478
Operating expenses	444,943		(3,653)		441,290		501,735		16,356		518,091
Operating income	24,879		(151)		24,728		12,248		(861)		11,387


	2023			2024			2025			2026			2027			Thereafter			Total			Estimated Fair Value as of December 31, 2022
Money market funds	$	27,899		$	—		$	—		$	—		$	—		$	—		$	27,899		$	27,899
Weighted average interest rate	4.18		%	—		%	—		%	—		%	—		%	—		%	4.18		%
Corporate debt securities	17,500			2,486			2,332			748			9			—			23,075			22,627
Weighted average interest rate	4.06		%	0.97		%	1.23		%	1.45		%	2.33		%	—		%	3.35		%
U.S. government and agency securities	819			358			554			396			80			75			2,282			2,146
Weighted average interest rate	1.05		%	0.98		%	0.81		%	0.83		%	1.24		%	1.83		%	0.98		%
Asset-backed securities	1,059			872			413			146			128			72			2,690			2,572
Weighted average interest rate	0.99		%	1.30		%	1.37		%	1.39		%	1.41		%	1.06		%	1.19		%
Foreign government and agency securities	519			19			—			—			—			—			538			535
Weighted average interest rate	4.24		%	0.60		%	—		%	—		%	—		%	—		%	4.11		%
Other fixed income securities	138			61			48			—			—			—			247			237
Weighted average interest rate	0.40		%	0.56		%	1.15		%	—		%	—		%	—		%	0.58		%
	$	47,934		$	3,796		$	3,347		$	1,290		$	217		$	147		$	56,731
Cash equivalents and marketable fixed income securities																						$	56,016


			Page
Report of Ernst & Young LLP, Independent Registered Public Accounting Firm (PCAOB ID: 42)			34
Consolidated Statements of Cash Flows			36
Consolidated Statements of Operations			37
Consolidated Statements of Comprehensive Income (Loss)			38
Consolidated Balance Sheets			39
Consolidated Statements of Stockholders’ Equity			40
Notes to Consolidated Financial Statements			41


			Uncertain Tax Positions
Description of the Matter			As discussed in Notes 1 and 9 of the consolidated financial statements, the Company is subject to income taxes in the U.S. and numerous foreign jurisdictions and during the ordinary course of business, there are many tax positions for which the ultimate tax determination is uncertain. As a result, significant judgment is required in evaluating the Company’s tax positions and determining its provision for income taxes. The Company uses significant judgment in (1) determining whether a tax position’s technical merits are more likely than not to be sustained and (2) measuring the amount of tax benefit that qualifies for recognition. As of December 31, 2022, the Company reported accrued liabilities of $4.0 billion for various tax contingencies. Auditing the recognition and measurement of the Company’s tax contingencies was challenging because the evaluation of whether a tax position is more likely than not to be sustained and the measurement of the benefit of various tax positions can be complex and involves significant auditor judgment. Management’s evaluation of tax positions is based on interpretations of tax laws and legal rulings, and may be impacted by regulatory changes and judicial and examination activity.
How We Addressed the Matter in Our Audit			We tested controls over the Company’s process to assess the technical merits of its tax contingencies, including controls over: the assessment as to whether a tax position is more likely than not to be sustained; the measurement of the benefit of its tax positions, both initially and on an ongoing basis; and the development of the related disclosures. We involved our international tax, transfer pricing, and research and development tax professionals in assessing the technical merits of certain of the Company’s tax positions. Depending on the nature of the specific tax position and, as applicable, developments with the relevant tax authorities relating thereto, our procedures included obtaining and examining the Company’s analysis including the Company’s correspondence with such tax authorities and evaluating the underlying facts upon which the tax positions are based. We used our knowledge of and experience with international, transfer pricing, and other income tax laws of the relevant taxing jurisdictions to evaluate the Company’s accounting for its tax contingencies. We evaluated developments in the applicable regulatory environments to assess potential effects on the Company’s positions, including recent decisions in relevant court cases. We analyzed the appropriateness of the Company’s assumptions and the accuracy of the Company’s calculations and data used to determine the amount of tax benefits to recognize. We evaluated the Company’s income tax disclosures in relation to these matters.


	Year Ended December 31,
	2020		2021		2022
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH, BEGINNING OF PERIOD	$	36,410	$	42,377	$	36,477
OPERATING ACTIVITIES:
Net income (loss)	21,331		33,364		(2,722)
Adjustments to reconcile net income (loss) to net cash from operating activities:
Depreciation and amortization of property and equipment and capitalized content costs, operating lease assets, and other	25,180		34,433		41,921
Stock-based compensation	9,208		12,757		19,621

Other expense (income), net	(2,582)		(14,306)		16,966
Deferred income taxes	(554)		(310)		(8,148)
Changes in operating assets and liabilities:
Inventories	(2,849)		(9,487)		(2,592)
Accounts receivable, net and other	(8,169)		(18,163)		(21,897)
Accounts payable	17,480		3,602		2,945
Accrued expenses and other	5,754		2,123		(1,558)
Unearned revenue	1,265		2,314		2,216
Net cash provided by (used in) operating activities	66,064		46,327		46,752
INVESTING ACTIVITIES:
Purchases of property and equipment	(40,140)		(61,053)		(63,645)
Proceeds from property and equipment sales and incentives	5,096		5,657		5,324
Acquisitions, net of cash acquired, and other	(2,325)		(1,985)		(8,316)
Sales and maturities of marketable securities	50,237		59,384		31,601
Purchases of marketable securities	(72,479)		(60,157)		(2,565)
Net cash provided by (used in) investing activities	(59,611)		(58,154)		(37,601)
FINANCING ACTIVITIES:
Common stock repurchased	—		—		(6,000)
Proceeds from short-term debt, and other	6,796		7,956		41,553
Repayments of short-term debt, and other	(6,177)		(7,753)		(37,554)
Proceeds from long-term debt	10,525		19,003		21,166
Repayments of long-term debt	(1,553)		(1,590)		(1,258)
Principal repayments of finance leases	(10,642)		(11,163)		(7,941)
Principal repayments of financing obligations	(53)		(162)		(248)
Net cash provided by (used in) financing activities	(1,104)		6,291		9,718
Foreign currency effect on cash, cash equivalents, and restricted cash	618		(364)		(1,093)
Net increase (decrease) in cash, cash equivalents, and restricted cash	5,967		(5,900)		17,776
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH, END OF PERIOD	$	42,377	$	36,477	$	54,253


	December 31,
	2021		2022
ASSETS
Current assets:
Cash and cash equivalents	$	36,220	$	53,888
Marketable securities	59,829		16,138
Inventories	32,640		34,405
Accounts receivable, net and other	32,891		42,360
Total current assets	161,580		146,791
Property and equipment, net	160,281		186,715
Operating leases	56,082		66,123
Goodwill	15,371		20,288
Other assets	27,235		42,758
Total assets	$	420,549	$	462,675
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable	$	78,664	$	79,600
Accrued expenses and other	51,775		62,566
Unearned revenue	11,827		13,227
Total current liabilities	142,266		155,393
Long-term lease liabilities	67,651		72,968
Long-term debt	48,744		67,150
Other long-term liabilities	23,643		21,121
Commitments and contingencies (Note 7)
Stockholders’ equity:
Preferred stock ($0.01 par value; 500 shares authorized; no shares issued or outstanding)	—		—
Common stock ($0.01 par value; 100,000 shares authorized; 10,644 and 10,757 shares issued; 10,175 and 10,242 shares outstanding)	106		108
Treasury stock, at cost	(1,837)		(7,837)
Additional paid-in capital	55,437		75,066
Accumulated other comprehensive income (loss)	(1,376)		(4,487)
Retained earnings	85,915		83,193
Total stockholders’ equity	138,245		146,043
Total liabilities and stockholders’ equity	$	420,549	$	462,675


	Year Ended December 31,
	2021			2022
Operating expenses:
Cost of sales	$	272,344		$	288,831
Fulfillment	75,111			84,299
Technology and content	56,052			73,213
Sales and marketing	32,551			42,238
General and administrative	8,823			11,891
Other operating expense (income), net	62			1,263
Total operating expenses	$	444,943		$	501,735
Year-over-year Percentage Growth (Decline):
Cost of sales	17		%	6		%
Fulfillment	28			12
Technology and content	31			31
Sales and marketing	48			30
General and administrative	32			35
Other operating expense (income), net	(183)			1,936
Percent of Net Sales:
Cost of sales	58.0		%	56.2		%
Fulfillment	16.0			16.4
Technology and content	11.9			14.2
Sales and marketing	6.9			8.2
General and administrative	1.9			2.3
Other operating expense (income), net	0.0			0.2


	Year Ended December 31,
	2020		2021		2022
Net product sales	$	215,915	$	241,787	$	242,901
Net service sales	170,149		228,035		271,082
Total net sales	386,064		469,822		513,983
Operating expenses:
Cost of sales	233,307		272,344		288,831
Fulfillment	58,517		75,111		84,299
Technology and content	42,740		56,052		73,213
Sales and marketing	22,008		32,551		42,238
General and administrative	6,668		8,823		11,891
Other operating expense (income), net	(75)		62		1,263
Total operating expenses	363,165		444,943		501,735
Operating income	22,899		24,879		12,248
Interest income	555		448		989
Interest expense	(1,647)		(1,809)		(2,367)
Other income (expense), net	2,371		14,633		(16,806)
Total non-operating income (expense)	1,279		13,272		(18,184)
Income (loss) before income taxes	24,178		38,151		(5,936)
Benefit (provision) for income taxes	(2,863)		(4,791)		3,217
Equity-method investment activity, net of tax	16		4		(3)
Net income (loss)	$	21,331	$	33,364	$	(2,722)
Basic earnings per share	$	2.13	$	3.30	$	(0.27)
Diluted earnings per share	$	2.09	$	3.24	$	(0.27)
Weighted-average shares used in computation of earnings per share:
Basic	10,005		10,117		10,189
Diluted	10,198		10,296		10,189


	Year Ended December 31,
	2020		2021		2022
Net income (loss)	$	21,331	$	33,364	$	(2,722)
Other comprehensive income (loss):

Foreign currency translation adjustments, net of tax of $(36), $47, and $100	561		(819)		(2,586)


Net change in unrealized gains (losses) on available-for-sale debt securities:
Unrealized gains (losses), net of tax of $(83), $72, and $159	273		(343)		(823)
Reclassification adjustment for losses (gains) included in “Other income (expense), net,” net of tax of $8, $13, and $0	(28)		(34)		298
Net unrealized gains (losses) on available-for-sale debt securities	245		(377)		(525)
Total other comprehensive income (loss)	806		(1,196)		(3,111)
Comprehensive income (loss)	$	22,137	$	32,168	$	(5,833)


	Common Stock
	Shares	Amount		Treasury Stock		Additional Paid-In Capital		Accumulated Other Comprehensive Income (Loss)		Retained Earnings		Total Stockholders’ Equity
Balance as of January 1, 2020	9,950	$	104	$	(1,837)	$	33,559	$	(986)	$	31,220	$	62,060

Net income	—	—		—		—		—		21,331		21,331
Other comprehensive income (loss)	—	—		—		—		806		—		806

Stock-based compensation and issuance of employee benefit plan stock	116	1		—		9,206		—		—		9,207
Balance as of December 31, 2020	10,066	105		(1,837)		42,765		(180)		52,551		93,404

Net income	—	—		—		—		—		33,364		33,364
Other comprehensive income (loss)	—	—		—		—		(1,196)		—		(1,196)

Stock-based compensation and issuance of employee benefit plan stock	109	1		—		12,672		—		—		12,673
Balance as of December 31, 2021	10,175	106		(1,837)		55,437		(1,376)		85,915		138,245

Net loss	—	—		—		—		—		(2,722)		(2,722)
Other comprehensive income (loss)	—	—		—		—		(3,111)		—		(3,111)

Stock-based compensation and issuance of employee benefit plan stock	113	2		—		19,629		—		—		19,631
Common stock repurchased	(46)	—		(6,000)		—		—		—		(6,000)
Balance as of December 31, 2022	10,242	$	108	$	(7,837)	$	75,066	$	(4,487)	$	83,193	$	146,043


	Year Ended December 31, 2020		Year Ended December 31, 2021		Nine Months Ended September 30, 2022
Revenues	$	—	$	55	$	995
Gross profit	—		(465)		(2,123)
Loss from operations	(1,021)		(4,220)		(5,061)
Net loss	(1,018)		(4,688)		(5,029)


	December 31, 2021		September 30, 2022
Total current assets	$	18,559	$	14,424
Total assets	22,294		19,023
Total current liabilities	1,313		2,109
Total liabilities	2,780		3,686


	December 31, 2021
	Cost or Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Total Estimated Fair Value
Cash	$	10,942	$	—	$	—	$	10,942
Level 1 securities:
Money market funds	20,312		—		—		20,312
Equity securities (1)							1,646
Level 2 securities:
Foreign government and agency securities	181		—		—		181
U.S. government and agency securities	4,316		9		(25)		4,300
Corporate debt securities	35,810		75		(121)		35,764
Asset-backed securities	6,763		7		(32)		6,738
Other fixed income securities	688		2		(4)		686
Equity securities (1)(3)							15,740
	$	79,012	$	93	$	(182)	$	96,309
Less: Restricted cash, cash equivalents, and marketable securities (2)							(260)
Total cash, cash equivalents, and marketable securities							$	96,049


	December 31, 2022
	Cost or Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Total Estimated Fair Value
Cash	$	10,666	$	—	$	—	$	10,666
Level 1 securities:
Money market funds	27,899		—		—		27,899
Equity securities (1)(3)							3,709
Level 2 securities:
Foreign government and agency securities	537		—		(2)		535
U.S. government and agency securities	2,301		—		(155)		2,146
Corporate debt securities	23,111		—		(484)		22,627
Asset-backed securities	2,721		—		(149)		2,572
Other fixed income securities	249		—		(12)		237

	$	67,484	$	—	$	(802)	$	70,391
Less: Restricted cash, cash equivalents, and marketable securities (2)							(365)
Total cash, cash equivalents, and marketable securities							$	70,026


	Amortized Cost		Estimated Fair Value
Due within one year	$	46,854	$	46,782
Due after one year through five years	7,622		7,047
Due after five years through ten years	602		565
Due after ten years	1,740		1,622
Total	$	56,818	$	56,016


	December 31, 2021		December 31, 2022

Weighted-average remaining lease term – operating leases	11.3 years		11.6 years
Weighted-average remaining lease term – finance leases	8.1 years		10.3 years
Weighted-average discount rate – operating leases	2.2	%	2.8	%
Weighted-average discount rate – finance leases	2.0	%	2.3	%


	December 31, 2021
	Operating Leases		Finance Leases		Total

Gross lease liabilities	$	66,269	$	25,866	$	92,135
Less: imputed interest	(7,939)		(2,113)		(10,052)
Present value of lease liabilities	58,330		23,753		82,083
Less: current portion of lease liabilities	(6,349)		(8,083)		(14,432)
Total long-term lease liabilities	$	51,981	$	15,670	$	67,651


	North America		International		AWS		Consolidated
Goodwill - January 1, 2021	$	12,527	$	1,288	$	1,202	$	15,017
New acquisitions	230		60		76		366
Other adjustments (1)	1		(21)		8		(12)
Goodwill - December 31, 2021	12,758		1,327		1,286		15,371
New acquisitions	3,943		1,054		—		4,997
Other adjustments (1)	(80)		30		(30)		(80)
Goodwill - December 31, 2022	$	16,621	$	2,411	$	1,256	$	20,288


	Maturities (1)	Stated Interest Rates	Effective Interest Rates	December 31, 2021		December 31, 2022
2012 Notes issuance of $3.0 billion	2022	2.50%	2.66%	1,250		—
2014 Notes issuance of $6.0 billion	2024 - 2044	3.80% - 4.95%	3.90% - 5.12%	4,000		4,000
2017 Notes issuance of $17.0 billion	2023 - 2057	2.40% - 5.20%	2.56% - 4.33%	16,000		16,000
2020 Notes issuance of $10.0 billion	2023 - 2060	0.40% - 2.70%	0.56% - 2.77%	10,000		10,000
2021 Notes issuance of $18.5 billion	2023 - 2061	0.25% - 3.25%	0.35% - 3.31%	18,500		18,500
April 2022 Notes issuance of $12.8 billion	2024 - 2062	2.73% - 4.10%	2.83% - 4.15%	—		12,750
December 2022 Notes issuance of $8.3 billion	2024 - 2032	4.55% - 4.70%	4.61% - 4.83%	—		8,250
Credit Facility				803		1,042

Total face value of long-term debt				50,553		70,542
Unamortized discount and issuance costs, net				(318)		(393)
Less: current portion of long-term debt				(1,491)		(2,999)
Long-term debt				$	48,744	$	67,150


Year Ended December 31,
2023	$	3,000
2024	8,500
2025	5,249
2026	3,543
2027	8,750
Thereafter	41,500
	$	70,542


	Number of Units	Weighted Average Grant-Date Fair Value
Outstanding as of January 1, 2020	286.7	$	73
Units granted	158.6	119
Units vested	(115.5)	62
Units forfeited	(26.5)	82
Outstanding as of December 31, 2020	303.3	100
Units granted	127.3	167
Units vested	(108.4)	85
Units forfeited	(42.3)	116
Outstanding as of December 31, 2021	279.9	134
Units granted	262.8	142
Units vested	(113.3)	114
Units forfeited	(45.0)	143
Outstanding as of December 31, 2022	384.4	144


	Year Ended
	2023	2024	2025	2026	2027	Thereafter	Total
Scheduled vesting — restricted stock units	140.8	136.6	67.3	35.8	1.7	2.2	384.4


Exhibit Number						Description

3.1						Amended and Restated Certificate of Incorporation of Amazon.com, Inc. (incorporated by reference to the Company’s Current Report on Form 8-K, filed May 27, 2022).

3.2						Amended and Restated Bylaws of Amazon.com, Inc. (incorporated by reference to the Company’s Current Report on Form 8-K, filed January 6, 2023).

4.1						Indenture, dated as of November 29, 2012, between Amazon.com, Inc. and Wells Fargo Bank, National Association, as trustee (incorporated by reference to the Company’s Current Report on Form 8-K, filed November 29, 2012).

4.2						Supplemental Indenture, dated as of April 13, 2022, among Amazon.com, Inc., Wells Fargo Bank, National Association, as prior trustee, and Computershare Trust Company, National Association, as successor trustee, containing Form of 2.730% Note due 2024, Form of 3.000% Note due 2025, Form of 3.300% Note due 2027, Form of 3.450% Note due 2029, Form of 3.600% Note due 2032, Form of 3.950% Note due 2052, and Form of 4.100% Note due 2062 (incorporated by reference to the Company’s Current Report on Form 8-K, filed April 13, 2022).

4.3						Officers’ Certificate of Amazon.com, Inc., dated as of December 5, 2014, containing Form of 2.600% Note due 2019, Form of 3.300% Note due 2021, Form of 3.800% Note due 2024, Form of 4.800% Note due 2034, and Form of 4.950% Note due 2044 (incorporated by reference to the Company’s Current Report on Form 8-K, filed December 5, 2014).

4.4						Officers’ Certificate of Amazon.com, Inc., dated as of August 22, 2017, containing Form of 1.900% Note due 2020, Form of 2.400% Note due 2023, Form of 2.800% Note due 2024, Form of 3.150% Note due 2027, Form of 3.875% Note due 2037, Form of 4.050% Note due 2047, and Form of 4.250% Note due 2057 (incorporated by reference to the Company’s Current Report on Form 8-K, filed August 22, 2017).

4.5						Officers’ Certificate of Amazon.com, Inc., dated as of December 20, 2017, containing Form of 5.200% Note due 2025 (incorporated by reference to the Company’s Current Report on Form 8-K, filed December 20, 2017).


32.1						Certification of Andrew R. Jassy, President and Chief Executive Officer of Amazon.com, Inc., pursuant to 18 U.S.C. Section 1350.

32.2						Certification of Brian T. Olsavsky, Senior Vice President and Chief Financial Officer of Amazon.com, Inc., pursuant to 18 U.S.C. Section 1350.

101						The following financial statements from the Company’s Annual Report on Form 10-K for the year ended December 31, 2022, formatted in Inline XBRL: (i) Consolidated Statements of Cash Flows, (ii) Consolidated Statements of Operations, (iii) Consolidated Statements of Comprehensive Income (Loss), (iv) Consolidated Balance Sheets, (v) Consolidated Statements of Stockholders’ Equity, and (vi) Notes to Consolidated Financial Statements, tagged as blocks of text and including detailed tags.

						As permitted by Item 601(b)(4)(iii)(A) of Regulation S-K, the Company has not filed with this Annual Report on Form 10-K certain instruments defining the rights of holders of long-term debt of the Company and its subsidiaries because the total amount of securities authorized thereunder does not exceed 10 percent of the total assets of the Company and its subsidiaries on a consolidated basis. The Company agrees to furnish a copy of such agreements to the Commission upon request.

104						The cover page from the Company’s Annual Report on Form 10-K for the year ended December 31, 2022, formatted in Inline XBRL (included as Exhibit 101).


			AMAZON.COM, INC.

			By:			/s/ Andrew R. Jassy
						Andrew R. Jassy
						President and Chief Executive Officer


Signature						Title

/s/ Andrew R. Jassy
Andrew R. Jassy						President and Chief Executive Officer (Principal Executive Officer) and Director

/s/ Brian T. Olsavsky
Brian T. Olsavsky						Senior Vice President and Chief Financial Officer (Principal Financial Officer)

/s/ Shelley L. Reynolds
Shelley L. Reynolds						Vice President, Worldwide Controller (Principal Accounting Officer)

/s/ Jeffrey P. Bezos
Jeffrey P. Bezos						Executive Chair

/s/ Keith B. Alexander
Keith B. Alexander						Director

/s/ Edith W. Cooper
Edith W. Cooper						Director

/s/ Jamie S. Gorelick
Jamie S. Gorelick						Director

/s/ Daniel P. Huttenlocher
Daniel P. Huttenlocher						Director

/s/ Judith A. McGrath
Judith A. McGrath						Director

/s/ Indra K. Nooyi
Indra K. Nooyi						Director

/s/ Jonathan J. Rubinstein
Jonathan J. Rubinstein						Director

/s/ Patricia Q. Stonesifer
Patricia Q. Stonesifer						Director

/s/ Wendell P. Weeks
Wendell P. Weeks						Director


Legal Name	Jurisdiction	Percent Owned
Amazon.com Services LLC	Delaware	100	%
Amazon.com Sales, Inc.	Delaware	100	%
Amazon Data Services, Inc.	Delaware	100	%
Amazon Web Services, Inc.	Delaware	100	%
Amazon Technologies, Inc.	Nevada	100	%
Amazon.com NV Investment Holdings LLC	Nevada	100	%
Amazon US Services LLC	Delaware	100	%
A100 ROW, Inc.	Delaware	100	%


			/s/ Brian T. Olsavsky
			Brian T. Olsavsky
			Senior Vice President and Chief Financial Officer
			(Principal Financial Officer)