# embeddings_queue

created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597e426-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 35, "chroma:document": "\u2022On July 21,  2023, the IRS announced a rule change allowing taxpayers to temporarily apply the regulations in \neffect prior to 2022 related to U.S. federal foreign tax credits. This announcement applies to foreign taxes paid \nor accrued in the fiscal years 2022 and 2023. A cumulative one-time adjustment applicable to  the prior period \nfor this tax rule change was recorded in 2023  and is reflected in  our effective tax rate of 13.9%  for the year \nended December 31, 2023.\n\u2022Repurchases of Class A and Class C shares were $62.2 billion  for the year ended December 31, 2023 . For \nadditional information, see Note 11  of the Notes to Consolidated Financial Statements included in Item 8 of this \nAnnual Report on Form 10-K.\n\u2022Operating cash flow was $101.7 billion  for the year ended December 31, 2023 .\n\u2022Capital expenditures, which primarily reflected investments in technical infrastructure, were $32.3 billion  for the \nyear ended December 31, 2023 .\n\u2022As of December 31, 2023 , we had  182,502  employees.\nFinancial Results\nRevenues\nThe following table presents revenues by type (in millions):\nYear Ended December 31,\n2022 2023\nGoogle Search & other $ 162,450 $ 175,033 \nYouTube ads  29,243  31,510 \nGoogle Network  32,780  31,312 \nGoogle advertising  224,473  237,855 \nGoogle subscriptions, platforms, and devices  29,055  34,688 \nGoogle Services total  253,528  272,543 \nGoogle Cloud  26,280  33,088 \nOther Bets  1,068  1,527 \nHedging gains (losses)  1,960  236 \nTotal revenues $ 282,836 $ 307,394 \nGoogle Services\nGoogle advertising revenues\nGoogle Search & other\nGoogle Search & other revenues increased  $12.6 billion  from 2022  to 2023 . The overall growth was driven by"}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597e458-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 35, "chroma:document": "interrelated factors including increases in search queries resulting from growth in user adoption and usage on mobile \ndevice s; growth in advertiser spending; and  improvements we have made in ad formats and delivery .\nYouTube ads\nYouTube ads revenues increased  $2.3 billion  from 2022  to 2023 . The growth was driven by our brand and direct \nresponse advertising products, both of which benefited from increased spending by our advertisers.\nGoogle Network\nGoogle Network revenues decreased  $1.5 billion  from 2022  to 2023 , primarily driven by a decrease in Google Ad \nManager and AdSense revenues.Table of Contents Alphabet Inc.\n35."}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597e48a-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 36, "chroma:document": "Monetization Metrics\nThe following table presents changes in monetization metrics for Google Search & other revenues (paid clicks \nand cost-per-click) and Google Network revenues (impressions and cost-per-impression), expressed as a percentage, \nfrom 2022  to 2023 :\nGoogle Search & other\nPaid clicks change  7 %\nCost-per-click change  1 %\nGoogle Network\nImpressions change  (5) %\nCost-per-impression change  0 %\nChanges in paid clicks and impressions are driven by a number of interrelated factors, including changes in \nadvertiser spending; ongoing product and policy changes; and, as it relates to paid clicks, fluctuations in search \nqueries resulting from changes in user adoption and usage, primarily  on mobile devices .\nChanges in cost-per-click and cost-per-impression are driven by a number of interrelated factors including \nchanges in device mix , geographic mix, advertiser spending, ongoing product and policy changes, product mix, \nproperty mix, and changes in foreign currency exchange rates.\nGoogle subscriptions, platforms, and devices\nGoogle subscriptions , platforms, a nd devices  revenues increased  $5.6 billion  from 2022  to 2023  primarily driven \nby growth in subscriptions , largely for YouTube services. The growth in YouTube services was primarily  due to an \nincrease in paid subscribers.\nGoogle subscriptions, platforms, and devices revenues increased $1.0 billion from 2021 to 2022 primarily driven \nby growth in subscription and device revenues, partially offset by a decrease in platform revenues. The growth in \nsubscriptions was largely for YouTube services, primarily due to an increase in paid subscribers. The growth in device \nrevenues was primarily driven by increased sales of Pixel devices. The decrease in platform revenues was primarily \ndue to Google Play, driven by the fee structure changes we announced in 2021 as well as a decrease in buyer \nspending. Additionally, the overall increase in Google subscriptions, platforms, and devices revenues was adversely \naffected by the unfavorable effect of foreign currency exchange rates.\nGoogle Cloud\nGoogle Cloud revenues increased  $6.8 billion  from 2022  to 2023 . Growth was primarily driven by Google Cloud \nPlatform followed by Google Workspace offerings. Google Cloud's infrastructure and platform services were the largest \ndrivers of growth in Google Cloud Platform.\nRevenues by Geography"}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597e4c6-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 36, "chroma:document": "drivers of growth in Google Cloud Platform.\nRevenues by Geography\nThe following table presents revenues by geography as a percentage of revenues, determined based on the \naddresses of our customers:\n Year Ended December 31,\n 2022 2023\nUnited States  48 %  47 %\nEMEA  29 %  30 %\nAPAC  16 %  17 %\nOther Americas  6 %  6 %\nHedging gains (losses)  1 %  0 %\nFor additional information, see Note 2  of the Notes to Consolidated Financial Statements included in Item 8 of this \nAnnual Report on Form 10-K.Table of Contents Alphabet Inc.\n36."}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597e67e-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 37, "chroma:document": "Use of Non-GAAP Constant Currency Information\nInternational revenues, which represent a significant portion of our revenues, are generally transacted in multiple \ncurrencies and therefore are affected by fluctuations in foreign currency exchange rates.\nThe effect of currency exchange rates on our business is an important factor in understanding period-to-period \ncomparisons. We use non-GAAP constant currency revenues (\"constant currency revenues\") and non-GAAP \npercentage change in constant currency revenues (\"percentage change in constant currency revenues\") for financial \nand operational decision-making and as a means to evaluate period-to-period comparisons. We believe the \npresentation of results on a constant currency basis in addition to U.S. Generally Accepted Accounting Principles \n(GAAP) results helps improve the ability to understand our performance, because it excludes the effects of foreign \ncurrency volatility that are not indicative of our core operating results.\nConstant currency information compares results between periods as if exchange rates had remained constant \nperiod over period. We define constant currency revenues as revenues excluding the effect of foreign currency \nexchange rate movements (\"FX Effect\") as well as hedging activities, which are recognized at the consolidated level. \nWe use constant currency revenues to determine the constant currency revenue percentage change on a year-on-year \nbasis. Constant currency revenues are calculated by translating current period revenues using prior year comparable \nperiod exchange rates, as well as excluding any hedging effects realized in the current period.\nConstant currency revenue percentage change is calculated by determining the change in current period \nrevenues over prior year comparable period revenues where current period foreign currency revenues are translated \nusing prior year comparable period exchange rates and hedging effects are excluded from revenues of both periods.\nThese results should be considered in addition to, not as a substitute for, results reported in accordance with \nGAAP. Results on a constant currency basis, as we present them, may not be comparable to similarly titled measures \nused by other companies and are not a measure of performance presented in accordance with GAAP.\nThe following table presents the foreign currency exchange effect on international revenues and total revenues (in \nmillions, except percentages):\nYear Ended December 31, 2023\n% Change from Prior Period\nYear Ended December 31,Less FX \nEffectConstant \nCurrency \nRevenuesAs \nReportedLess \nHedging \nEffectLess FX \nEffectConstant \nCurrency \nRevenues 2022 2023"}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597e796-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 37, "chroma:document": "EffectConstant \nCurrency \nRevenues 2022 2023\nUnited States $ 134,814 $ 146,286 $ 0 $ 146,286  9 %  0 %  9 %\nEMEA  82,062  91,038  460  90,578  11 %  1 %  10 %\nAPAC  47,024  51,514  (1,759)  53,273  10 %  (3) %  13 %\nOther Americas  16,976  18,320  (654)  18,974  8 %  (4) %  12 %\nRevenues, excluding hedging effect  280,876  307,158  (1,953)  309,111  9 %  (1) %  10 %\nHedging gains (losses)  1,960  236 \nTotal revenues(1)$ 282,836 $ 307,394 $ 309,111  9 %  0 %  (1) %  10 %\n(1)Total constant currency revenues of $309.1 billion  for 2023  increased $28.2 billion  compared to $280.9 billion  in revenues, \nexcluding hedging effect, for 2022 .\nEMEA revenue growth was favorably affected by changes in foreign currency exchange rates, primarily due to the \nU.S. dollar weakening relative to the Euro, partially offset by the U.S. dollar strengthening relative to the Turkish lira.\nAPAC revenue growth was unfavorably affected by changes in foreign currency exchange rates, primarily due to \nthe U.S. dollar strengthening relative to the Japanese yen.\nOther Americas revenue growth was unfavorably affected by changes in foreign currency exchange rates, \nprimarily due to the U.S. dollar strengthening relative to the Argentine peso.Table of Contents Alphabet Inc.\n37."}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597e7e6-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 38, "chroma:document": "Costs and Expenses\nCost of Revenues\nThe following table presents cost of revenues, including TAC (in millions, except percentages):\n Year Ended December 31,\n 2021 2022 2023\nTAC $ 45,566 $ 48,955 $ 50,886 \nOther cost of revenues  65,373  77,248  82,446 \nTotal cost of revenues $ 110,939 $ 126,203 $ 133,332 \nTotal cost of revenues as a percentage of revenues  43 %  45 %  43 %\nCost of revenues increased  $7.1 billion  from 2022  to 2023  due to an increase  in other cost of revenues and TAC \nof $5.2 billion  and $1.9 billion , respectively.\nThe increase  in TAC from 2022  to 2023  was largely due to an increase in TAC paid to distribution partners, \nprimarily driven by growth in revenues subject to TAC. The TAC rate decreased from 21.8%  to 21.4%  from 2022  to \n2023  primarily due to a revenue mix shift from Google Network properties to Google Search & other properties. The \nTAC rate on Google Search & other revenues and the TAC rate on Google Network revenues were both substantially \nconsistent from 2022 to 2023.\nThe increase  in other cost of revenues from 2022  to 2023  was primarily due to increases in content acquisition \ncosts, largely for YouTube, and compensation expenses, which  included $479 million  of charges related to employee \nseverance associated with the reduction in our workforce . Additionally, other cost of revenues benefited from a \nreduction in depreciation expense due to the change in estimated useful lives of our servers and network equipment.\nThe increase  in other cost of revenues of $11.9 billion  from 2021 to 2022  was primarily due to increases in device \ncosts, compensation expenses, depreciation, and equipment-related expenses.\nResearch and Development\nThe following table presents R&D expenses (in millions, except percentages):\n Year Ended December 31,\n 2022 2023\nResearch and development expenses $ 39,500 $ 45,427"}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597e822-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 38, "chroma:document": "Research and development expenses $ 39,500 $ 45,427 \nResearch and development expenses as a percentage of revenues  14 %  15 %\nR&D expenses increased  $5.9 billion  from 2022  to 2023  primarily driven by an increase in compensation \nexpenses of $2.9 billion, $870 million in charges related to our office space optimization efforts, and an increase in \ndepreciation expense of $722 million. The $2.9 billion increase in compensation expenses  was largely the result of a \n4% increase in average headcount , after adjusting for roles affected by the reduction in our workforce, and an increase \nin SBC expense. Additionally, the increase in compensation expenses included  $848 million in employee severance \ncharges associated with the reduction in our workforce.  The $722 million increase in depreciation expense reflected an \noffsetting benefit of the change in the estimated useful lives of our servers and network equipment.\nSales and Marketing\nThe following table presents sales and marketing expenses (in millions, except percentages):\n Year Ended December 31,\n 2022 2023\nSales and marketing expenses $ 26,567 $ 27,917 \nSales and marketing expenses as a percentage of revenues  9 %  9 %\nSales and marketing expenses increased  $1.4 billion  from 2022  to 2023 , primarily driven by an increase in \ncompensation expenses of $1.6 billion, partially offset by a decrease in advertising and promotional activities of $441 \nmillion. The $1.6 billion increase in compensation expenses was largely the result of $497 million in employee \nseverance charges associated with the reduction in our workforce in addition to a combination of other factors, none of \nwhich were individually significant .Table of Contents Alphabet Inc.\n38."}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597e854-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 39, "chroma:document": "General and Administrative\nThe following table presents general and administrative expenses (in millions, except percentages):\n Year Ended December 31,\n 2022 2023\nGeneral and administrative expenses $ 15,724 $ 16,425 \nGeneral and administrative expenses as a percentage of revenues  6 %  5 %\nGeneral and administrative expenses increased  $701 million  from 2022  to 2023 , primarily driven by an increase in \ncompensation expenses of $416 million, which was largely the result of $264 million in employee severance charges \nassociated with the reduction in our workforce  in addition to a combination of other factors, none of which were \nindividually significant . \nSegment Profitability\nThe following table presents segment operating income (loss) (in millions).\nYear Ended December 31,\n2022 2023\nOperating income (loss):\nGoogle Services $ 82,699 $ 95,858 \nGoogle Cloud  (1,922)  1,716 \nOther Bets  (4,636)  (4,095) \nAlphabet-level activities(1) (1,299)  (9,186) \nTotal income from operations $ 74,842 $ 84,293 \n(1)In addition to the costs included in Alphabet-level activities , hedging gains (losses) related to revenue were $2.0 billion  and \n$236 million  in 2022 and 2023 , respectively . For the year ended December 31, 2023, Alphabet-level activities include charges \nrelated to the reduction  in force and our office space optimization efforts  totaling  $3.9 billion . In addition, for the year ended \nDecember 31, 2023, we incurred $269 million  in accelerated rent and accelerated depreciation. For additional information \nrelating to our workforce reduction and other initiatives, see Note 8  of the Notes to Consolidated Financial Statements included \nin Item 8 of this Annual Report on Form 10-K. For additional information relating to our segments, see Note 15  of the Notes to \nConsolidated Financial Statements included in Item 8 of this Annual Report on Form 10-K.\nGoogle Services\nGoogle Services  operating income increased  $13.2 billion  from 2022  to 2023 . The increase in operating income"}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597e890-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 39, "chroma:document": "was primarily driven by an increase in revenues, partially offset by an increase in content acquisition costs and \ncompensation expenses  including  an increase in SBC expense . Additionally, operating income benefited from a \nreduction in costs driven by the change in the estimated useful lives of our servers and certain network equipment.\nGoogle Cloud\nGoogle Cloud operating income of $1.7 billion  for 2023  compared to an operating loss of $1.9 billion  for 2022  \nrepresents an increase of $3.6 billion . The increase in operating income was primarily driven by an increase in \nrevenues, partially offset by an increase in compensation expenses l argely driven by  headcount growth . Additionally, \noperating income benefited from a reduction in costs driven by the change in the estimated useful lives of our servers \nand certain network equipment.\nOther Bets\nOther Bets operating loss decreased  $541 million  from 2022  to 2023  primarily due to growth in revenues  as well \nas a reduction in valuation-based compensation liabilities related to Other Bet companies .\nOther Income (Expense), Net\nThe following table presents OI&E, (in millions):Table of Contents Alphabet Inc.\n39."}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597e8c2-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 40, "chroma:document": "Year Ended December 31,\n 2022 2023\nInterest income $ 2,174 $ 3,865 \nInterest expense  (357)  (308) \nForeign currency exchange gain (loss), net  (654)  (1,238) \nGain (loss) on debt securities, net  (2,064)  (1,215) \nGain (loss) on equity securities, net  (3,455)  392 \nPerformance fees  798  257 \nIncome (loss) and impairment from equity method investments, net  (337)  (628) \nOther  381  299 \nOther income (expense), net $ (3,514) $ 1,424 \nOI&E, net increased $4.9 billion  from 2022 to 2023. The increase was primarily due to fluctuations in the value of \nequity securities reflecting market driven changes in the value of our marketable equity securities, investment specific  \nevent driven changes  in our non-marketable equity securities, and increased interest income due to interest rates. \nFor additional information, see Note 7  of the Notes to Consolidated Financial Statements included in Item 8 of this \nAnnual Report on Form 10-K.\nProvision for Income Taxes\nThe following table presents provision for income taxes (in millions, except for effective tax rate):\n Year Ended December 31,\n 2022 2023\nIncome before provision for income taxes $ 71,328 $ 85,717 \nProvision for income taxes $ 11,356 $ 11,922 \nEffective tax rate  15.9 %  13.9 %\nIn 2023, the Internal Revenue Services (IRS) issued a rule change allowing taxpayers to temporarily apply the \nregulations in effect prior to 2022 related to U.S. federal foreign tax credits, as well as a separate rule change with \ninterim guidance on the capitalization and amortization of R&D expenses. A cumulative one-time adjustment applicable \nto the prior period for these tax rule changes  was recorded in 2023.\nThe effective tax rate decreased from 2022  to 2023 , reflecting the effect of the two tax rule changes described \nabove, particularly the change related to foreign tax cred its. The effect of these tax rule changes was partially offset by"}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597e8f4-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 40, "chroma:document": "changes in uncertain tax benefits  and a decrease  in the U.S. federal Foreign Derived Intangible Income tax deduction.\nThe OECD is coordin ating negotiations among more than 140 countries with the goal of achieving consensus \naround substantial changes to international tax policies, including the implementation of a minimum global effective tax \nrate of 15%. While various countries have implemented the legislation as of January 1, 2024, we do not expect a \nresulting material change to our income tax provision for the 2024 fiscal year. As additional jurisdictions enact such \nlegislation, we expect our effective tax rate and cash tax payments could increase in f uture years. \nFinancial Condition\nCash, Cash Equivalents, and Marketable Securities\nAs of December 31, 2023 , we had $110.9 billion  in cash, cash equivalents, and short-term marketable securities. \nCash equivalents and marketable securities a re comprised of time deposits, money market funds, highly liquid \ngovernment bonds, corporate debt securities, mortgage-backed and asset-backed securities, and marketable equity \nsecurities.\nSources, Uses of Cash and Related Trends\nOur principal sources of liquidity are cash, cash equivalents, and marketable securities, as well as the cash flow \nthat we generate from operations. The primary use of capital continues to be to invest for the long-term growth of the \nbusiness. We regularly evaluate our cash and capital structure, including the size, pace, and form of capital return to \nstockholders.Table of Contents Alphabet Inc.\n40."}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597e926-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 41, "chroma:document": "The following table presents our cash flows (in millions):\n Year Ended December 31,\n 2022 2023\nNet cash provided by operating activities $ 91,495 $ 101,746 \nNet cash used in investing activities $ (20,298) $ (27,063) \nNet cash used in financing activities $ (69,757) $ (72,093) \nCash Provided by Operating Activities\nOur largest source of cash provided by operations are advertising revenues generated by Google Search & other \nproperties, Google Network properties, and YouTube properties. In Google Services, we also generate cash through \nconsumer subscriptions and the sale of apps and in-app purchases and devices. In Google Cloud we generate cash \nthrough consumption-based fees and subscriptions for infrastructure, platform, collaboration tools, and other cloud \nservices .\nOur primary uses of cash from operating activities include payments to distribution and Google Network partners, \nto employees for compensation, and to content providers. Other uses  of cash from operating activities include \npayments to suppliers for devices, to tax authorities for income taxes, and other general corporate expenditures .\nNet cash provided by operating activities increased  from 2022  to 2023  due to the increase in cash received from \ncustomers, partially offset by increase s in ca sh paid for cost of revenues and operating expenses.\nCash Used in Investing Activities\nCash provided by investing activities consists primarily of maturities and sales of investments in marketable and \nnon-marketable securities. Cash used in investing activities consists primarily of purchases of marketable and non-\nmarketable securities, purchases of property and equipment, and payments for acquisitions.\nNet cash used in investing activities increased  from 2022  to 2023  due to a decrease in maturities and sales of \nmarketable securities, partially offset by a decrease in payments for acquisitions.\nCash Used in Financing Activities\nCash provided by financing activities consists primarily of proceeds from issuance of debt and proceeds from the \nsale of interes ts in consolidated entities. Cash used in financing activities consists primarily of repurchases of stock, \nnet payments related to stock-based award activities, and repayments of debt.\nNet cash used in financing activities increased  from 2022  to 2023  due to an increase in repurchases of stock.\nLiquidity and Material Cash Requirements"}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597e962-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 41, "chroma:document": "Liquidity and Material Cash Requirements\nWe expect existing cash, cash equivalents, short-term marketable securities, cash flows from operations and \nfinancing activities to continue to be sufficient to fund our operating activities and cash commitments for investing and \nfinancing activities for at least the next 12 months and thereafter for the foreseeable future.\nCapital Expenditures and Leases\nWe make investments in land and buildings for data centers and offices and information technology assets \nthrough purchases of property and equipment and lease arrangements  to provide capacity for the growth of our \nservices and products.\nCapital Expenditures\nOur capital investments in propert y and equipment consist primarily of the following major categories:\n\u2022technical infrastructure , which consists of our investments in servers and network equipment for computing, \nstorage, and networking requirements for ongoing business activities, including AI, (collectively referred to as \nour information technology assets ) and data center land and building construction; and\n\u2022office facilities , ground-up development projects, and building improvements  (also referred to as \"fit-outs\").\nConstruction in progress consists primarily of technical infrastructure and office facilities which have not yet been \nplaced in service. The time frame from date of purchase to placement in service of these assets may extend from \nmonths to years. For example, our data center construction projects are generally multi-year projects with multiple \nphases, where we acquire land and buildings, construct buildings, and secure and install information technology \nassets.Table of Contents Alphabet Inc.\n41."}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597e994-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 42, "chroma:document": "During the years ended December 31, 2022  and 2023 , we spent $31.5 billion  and $32.3 billion  on capital \nexpenditures, respectively. We expect to increase, relative to 2023, our investment in our technical infrastructure, \nincluding servers, network equipment, and data centers, to support the growth of our business and our long-term \ninitiatives, in particular in support of AI products and services.  Depreciation of our property and equipment commences \nwhen the deployment of such assets are completed and are ready for our intended use. Land is not depreciated. For \nthe years ended December 31, 2022  and 2023 , our depreciation  on property and equipment were $13.5 billion  and \n$11.9 billion , respectively .  \nLeases \nFor the years ended December 31, 2022  and 2023 , we recognized total operating lease assets of $4.4 billion  and \n$2.9 billion , respectively. As of December 31, 2023 , the amount of total future lease payments under operating leases, \nwhich had a weighted average remaining lease term of eight  years, was $17.7 billion , of which $3.2 billion  is short-\nterm. As of December 31, 2023 , we have entered into leases that have not yet commenced with future short-term and \nlong-term lease payments of  $657 million  and $3.3 billion , that are not yet recorded on our Consolidated Balance \nSheets. These leases will commence between 2024  and 2026  with non-cancelable lease terms of one to 25 years. \nFor the years ended December 31, 2022  and 2023 , our operating lease expenses (including variable lease costs) \nwere $3.7 billion  and $4.5 billion , respectively. Finance lease costs  were not material for the years ended \nDecember 31, 2022  and 2023 . For additional information, see Note 4  of the Notes to Consolidated Financial \nStatements included in Item 8 of this Annual Report on Form 10-K.\nFinancing\nWe have a short-term debt financing program of up to $10.0 billion  through the issuance of commercial paper. Net"}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597e9c6-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 42, "chroma:document": "proceeds from this program are used for general corporate purposes. As of December 31, 2023 , we had no \ncommercial paper outstanding.\nAs of December 31, 2023 , we had $10.0 billion  of revolving credit facilities, $4.0 billion  expiring in April 2024  and \n$6.0 billion  expiring in April 2028 . The interest rates for all credit facilities are determined based on a formula using \ncertain market rates, as well as our progress toward the achievement of certain sustainability goals . No amounts have \nbeen borrowed under the credit facilities.\nAs of December 31, 2023 , we had senior unsecured notes outstanding with a total carrying value of $12.9 billion  \nwith short-term and long-term future interest payments of $214 million  and $3.6 billion , respectively. For additional \ninformation, see Note 6  of the Notes to Consolidated Financial Statements included in Item 8 of this Annual Report on \nForm 10-K.\nWe primarily utilize contract manufacturers for the assembly of our servers used in our technical infrastructure \nand devices we sell. We have agreements where we may purchase components directly from suppliers and then \nsupply these components to contract manufacturers for use in the assembly of the servers and d evice s. Certain of \nthese arrangements result in a portion of the cash received from and paid to the contract manufacturers to be \npresented as financing activities in the Consolidated Statements of Cash Flows included in Item 8 of this Annual \nReport on F orm 10-K.\nShare Repurchase Program\nDuring 2023  we repurchased and subsequently retired 528 million  shares for $62.2 billion .\nIn April 2023, the Board of Directors of Alphabet authorized the company to repurchase up to an additional $70.0 \nbillion of its Class A and Class C shares. As of December 31, 2023, $36.3 billion  remains available for Class A and \nClass C share repurchases.\nThe following table presents Class A and Class C shares repurchased and subsequently retired (in millions):\nYear Ended December 31, 2022 Year Ended December 31, 2023\nShares Amount Shares Amount\nClass A share repurchases 61$ 6,719 78$ 9,316"}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597e9f8-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 42, "chroma:document": "Class C share repurchases 469  52,577 450  52,868 \nTotal share repurchases(1)530 $ 59,296 528 $ 62,184 \n(1)         Shares repurchased include unsettled repurchases as of December 31, 2023 .\nFor additional information, see Note 11  of the Notes to Consolidated Financial Statements included in Item 8 of \nthis Annual Report on Form 10-K.Table of Contents Alphabet Inc.\n42."}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597ea2a-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 43, "chroma:document": "European Commission Fines\nIn 2017, 2018 and 2019, the EC announced decisions that certain actions taken by Google infringed European \ncompetition law and imposed fines of \u20ac2.4 billion  ($2.7 billion  as of June 27, 2017 ), \u20ac4.3 billion  ($5.1 billion  as of \nJune 30, 2018 ), and \u20ac1.5 billion  ($1.7 billion  as of March 20, 2019 ), respectively. On September 14, 2022, the General \nCourt reduced the 2018 fine from \u20ac4.3 billion  to \u20ac4.1 billion. We subsequently filed an appeal to the European Court of \nJustice.\nWhile each EC decision is under appeal, we included the fines in accrued expenses and other current liabilities \non our Consolidated Balance Sheets as we provided bank guarantees (in lieu of a cash payment) for the fines. For \nadditional information, see Note 10  of the Notes to Consolidated Financial Statements included in Item 8 of this Annual \nReport on Form 10-K.\nTaxes\nAs of December 31, 2023 , we had income taxes payabl e of $4.2 billion , of which $2.1 billion  was short-term, \nrelated to a one-time transition tax payable incurred as a result of the U.S. Tax Cuts and Jobs Act (\"Tax Act\").  As \npermitted by the Tax Act, we will pay the transition tax in annual interest-free installments through 2025 . We also have \nlong-term taxes payable  of $6.3 billion  primarily related to uncertain tax positions as of December 31, 2023 .\nPurchase Commitments and Other Contractual Obligations\nAs of December 31, 2023 , we had material purchase commitments and other contractual obligations of $45.9 \nbillion , of which $31.6 billion  was short-term. These amounts primarily consist of p urchase orders for certain technical \ninfrastructure as well as  the non-cancelable portion or the minimum cancellation fee in certain agreements related to \ncommitments to purchase licenses, including content licenses, inventory and network capacity . For those agreements \nwith variable terms, we do not estimate the non-cancelable obligation beyond any minimum quantities and/or pricing as"}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597ea5c-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 43, "chroma:document": "of December 31, 2023 . In certain instances, the amount of our contractual obligations may change based on the \nexpected timing of order fulfillment from our suppliers.  For more  information related to our content licenses, see Note \n10 of the Notes to Consolidated Financial Statements included in Item 8 of this Annual Report on Form 10-K.\nIn addition, we regularly enter into multi-year, non-cancellable agreements to purchase renewable energy and \nenergy attributes, such as renewable energy certificates. These agreements do not include a minimum dollar \ncommitment. The amounts to be paid under these agreements are based on the actual volumes to be generated and \nare not readily determinable.\nCritical Accounting Estimates\nWe prepare our consolidated financial statements in accordance with GAAP. In doing so, we have to make \nestimates and assumptions. Our critical accounting estimates are those estimates that involve a significant level of \nuncertainty at the time the estimate was made, and changes in them have had or are reasonably likely to have a \nmaterial effect on our financial condition or results of operations. Accordingly, actual results could differ materially from \nour estimates. We base our estimates on past experience and other assumptions that we believe are reasonable \nunder the circumstances, and we evaluate these estimates on an ongoing basis. We have reviewed our critical \naccounting estimates with the Audit and Compliance Committee of our Board of Directors.\nFor a summary of significant accounting policies and the effect on our financial statements, see Note 1  of the \nNotes to Consolidated Financial Statements included in Item 8 of this Annual Report on Form 10-K.\nFair Value Measurements of Non-Marketable Equity Securities\nWe measure certain financial instruments at fair value on a nonrecurring basis, consisting primarily of our non-\nmarketable equity securities. These investments are accounted for under the measurement alternative method (\"the \nmeasurement alternative\") and are measured at cost, less impairment, subject to upward and downward adjustments \nresulting from observable price changes for identical or similar investments of the same issuer. These adjustments \nrequire quantitative assessments of the fair value of our securities, which may require the use of unobservable inputs. \nAdjustments are determined primarily based on a market approach as of the transaction date and involve the use of \nestimates using the best information available, which may include cash flow projections or other available market data ."}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597ea98-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 43, "chroma:document": "Non-marketable equity securities are also evaluated for impairment, based on qualitative factors including the \ncompanies' financial and liquidity position and access to capital resources, among others. When indicators of \nimpairment exist, we prepare quantitative measurements of the fair value of our equity investments using a market \napproach or an income approach, which requires judgment and the use of unobservable inputs, including discount \nrates, investee revenues and costs, and comparable market data of private and public companies, among others. Table of Contents Alphabet Inc.\n43."}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597eaca-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 44, "chroma:document": "When the quantitative remeasurements of fair value indicate an impairment exists, we write down the investment to its \ncurrent fair value.\nWe also have compensation arrangements with payouts based on realized returns from certain investments, i.e. \nperformance fees. We record compensation expense based on the estimated payouts on an ongoing basis, which may \nresult in expense recognized before investment returns are realized and compensation is paid and may require the use \nof unobservable inputs.\nProperty and Equipment\nWe assess the reasonableness of the useful lives of our property and equipment periodically as well as when \nother changes occur, such as when there are changes to ongoing business operations, changes in the planned use \nand utilization of assets, or technological advancements, that could indicate a change in the period over which we \nexpect to benefit from the assets. \nIncome Taxes\nWe are subject to income taxes in the U.S. and foreign jurisdictions. Significant judgment is required in evaluating \nour uncertain tax positions and determining our provision for income taxes.\nRecording an uncertain tax position involves various qualitative considerations, including evaluation of \ncomparable and resolved tax exposures, applicability of tax laws, and likelihood of settlement. We evaluate uncertain \ntax positions periodically, considering changes in facts and circumstances, such as new regulations or recent judicial \nopinions, as well as the status of audit activities by taxing authorities. Although we believe we have adequately \nreserved for our uncertain tax positions, no assurance can be given that the final tax outcome of these matters will not \nbe different. To the extent that the final tax outcome of these matters is different than the amounts recorded, such \ndifferences will affect the provision for income taxes and the effective tax rate in the period in which such determination \nis made.\nThe provision for income taxes includes the effect of reserve provisions and changes to reserves as well as the \nrelated net interest and penalties. In addition, we are subject to the continuous examination of our income tax returns \nby the IRS and other tax authorities which may assert assessments against us. We regularly assess the likelihood of \nadverse outcomes resulting from these examinations and assessments to determine the adequacy of our provision for \nincome taxes .\nLoss Contingencies\nWe are regularly subject to claims, lawsuits, regulatory and government investigations, other proceedings, and \nconsent orders involving competition, intellectual property, privacy, data security , tax and related compliance, labor and"}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597eb06-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 44, "chroma:document": "employment, commercial disputes, content generated by our users, goods and services offered by advertisers or \npublishers using our platforms, personal injury consumer protection,  and other matters. Certain of these matters \ninclude speculative claims for substantial or indeterminate amounts of damages. We record a liability when we believe \nthat it is probable that a loss has been incurred and the amount can be reasonably estimated. If we determine that a \nloss is reasonably possible and the loss or range of loss can be estimated, we disclose the possible loss  in Note 10  of \nthe Notes to Consolidated Financial Statements included in Item 8 of this Annual Report on Form 10-K. \nWe evaluate, on a regular basis, developments in our legal matters that could affect the amount of liability that \nhas been previously accrued, and the matters and related reasonably possible losses disclosed, and make \nadjustments and changes to our disclosures. Significant judgment is required to determine both the likelihood and the \nestimated amount of a loss related to such matters. Until the final resolution of such matters, there may be an \nexposure to loss in excess of the amount recorded, and such amounts could be material.\nChange in Accounting Estimate\nIn January 2023, we completed an assessment of the useful lives of our server s and network equipment resulting \nin a change in the estimated useful life of our servers and certain network equipment to six years. This change in \naccounting estimate was effective beginning fiscal year 2023. For additional information, see Note 1  of the Notes to \nConsolidated Financial Statements included in Item 8 of this Annual Report on Form 10-K .Table of Contents Alphabet Inc.\n44."}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597eb42-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 45, "chroma:document": "ITEM 7A. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK\nWe are exposed to financial market risks, including changes in foreign currency exchange rates, interest rates, \nand equity investment risks. \nForeign Currency Exchange Risk\nWe transact business globally in multiple currencies. International revenues, as well as costs and expenses \ndenominated in foreign currencies, expose us to the risk of fluctuations in foreign currency exchange rates against the \nU.S. dollar. As discussed below, we enter into derivative instruments to hedge foreign currency risk. Principal \ncurrencies hedged included the Australian dollar, British pound, Canadian dollar, Euro, and Japanese yen.  For the \npurpose of analyzing foreign currency exchange risk, we considered the historical trends in foreign currency exchange \nrates and determined that it was reasonably possible that adverse changes in exchange rates of 10% could be \nexperienced .\nWe use foreign currency forward and option contracts to offset the foreign exchange risk on assets and liabilities \ndenominated in currencies other than the functional currency of the subsidiary. These forward and option contracts \nreduce, but do not entirely eliminate, the effect of foreign currency exchange rate movements on our assets and \nliabilities. The foreign currency gains and losses on these assets and liabilities are recorded in OI&E, which are offset \nby the gains and losses on the forward and option contracts.\nIf an adverse 10% foreign currency exchange rate change was applied to total monetary assets, liabilities, and \ncommitments denominated in currencies other than the functional currencies at the balance sheet date, it would have \nresulted in an adverse effect on income before income taxes of approxima tely $136 million  and $503 million  as of \nDecember 31, 2022  and 2023 , respectively, after consideration of the effect of foreign exchange contracts in place for \nthe years ended December 31, 2022  and 2023 .\nWe use foreign currency forward and option contracts, including collars (an option strategy comprised of a \ncombination of purchased and written options) to protect forecasted U.S. dollar-equivalent earnings from changes in \nforeign currency exchange rates.  When the U.S. dollar strengthens, gains from foreign currency forward and option \ncontacts reduce the foreign currency losses related to our earnings. When the U.S. dollar weakens, losses from foreign"}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597ef16-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 45, "chroma:document": "currency forward and option contracts offset the foreign currency gains related to our earnings. These hedging \ncontracts reduce, but do not entirely eliminate, the effect of foreign currency exchange rate movements. We designate \nthese contracts as cash flow hedges for accounting purposes. We reflect the gains or losses of foreign currency spot \nrate changes as a component of accumulated other comprehensive income (AOCI) and subsequently reclassify them \ninto revenues to offset the hedged exposures as they occur. \nIf the U.S. dollar weakened by 10% as of December 31, 2022  and 2023 , the amount recorded in AOCI related to \nour cash flow hedges before tax effect would have been approximately  $1.3 billion  and  $1.5 billion  lower as of \nDecember 31, 2022  and 2023 , respectively. The change in the value recorded in AOCI would be expected to offset a \ncorresponding foreign currency change in forecasted hedged revenues when recognized.\nWe use foreign exchange forward contracts designated as net investment hedges to hedge the foreign currency \nrisks related to investment in foreign subsidiaries. These forward contracts serve to offset the foreign currency \ntranslation risk from our foreign operations.\nIf the U.S. dollar weakened by 10%, the amount recorded in cumulative translation adjustment (CTA) within AOCI \nrelated to our net investment hedges before tax effect would have been approximately $903 million  and $946 million  \nlower as of December 31, 2022  and 2023 , respectively. The change in value recorded in CTA would be expected to \noffset a corresponding foreign currency translation gain or loss from our investment in foreign subsidiaries.\nInterest Rate Risk\nOur Corporate Treasury investment strategy is to achieve a return that w ill allow us to preserve capital and \nmaintain liquidity. We invest primarily in debt securities, including government bonds, corporate debt securities, \nmortgage-backed and asset-backed securities, money market and other funds, time deposits, and interest rate \nderivatives. By policy, we limit the amount of credit exposure to any one issuer. Our investments in both fixed rate and \nfloating rate interest earning securities carry a degree of interest rate risk. Fixed rate securities may have their fair \nmarket value adversely affected due to a rise in interest rates, while floating rate securities may produce less income"}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597f06a-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 45, "chroma:document": "than predicted if interest rates fall. Unrealized gains or losses on our marketable debt securities are primarily due to \ninterest rate fluctuations as compared to interest rates at the time of purchase. For certain fixed and variable rate debt \nsecurities, we have elected the fair value option for which changes in fair value are recorded in OI&E. We measure \nsecurities for which we have not elected the fair value option at fair value with gains and losses recorded in AOCI until \nthe securities are sold, less any expected credit losses. Table of Contents Alphabet Inc.\n45."}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597f0ec-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 46, "chroma:document": "We use value-at-risk (VaR) analysis to determine the potential effect of fluctuations in interest rates on the value \nof our marketable debt security portfolio. The VaR is the expected loss in fair value, for a given confidence interval, for \nour investment portfolio due to adverse movements in interest rates. We use a variance/covariance VaR model with \n95% confidence interval. The estimated one-day loss in fair value of marketable debt securities as of December 31, \n2022  and 2023  are shown below (in millions):\n As of December 31,12-Month Average \nAs of December 31,\n 2022 2023 2022 2023\nRisk category - interest rate $ 256 $ 296 $ 198 $ 271 \nActual future gains and losses associated with our marketable debt security portfolio may differ materially from the \nsensitivity analyses performed as of December 31, 2022  and 2023  due to the inherent limitations associated with \npredicting the timing and amount of changes in interest rates and our actual exposures and positions. VaR analysis is \nnot intended to represent actual losses but is used as a risk estimation.\nEquity Investment Risk\nOur marketable and non-marketable equity securities are subject to a wide variety of market-related risks that \ncould substantially reduce or increase the fair value of our holdings.\nOur marketable equity securities are publicly traded stocks or funds and our non-marketable equity securities are \ninvestments in privately held companies, some of which are in the startup or development stages.\nWe record marketable equity securities not accounted for under the equity method at fair value based on readily \ndeterminable market values, of which publicly traded stocks and mutual funds are subject to market price volatility, and \nrepresent $5.2 billion  and $6.0 billion  of our investments as of December 31, 2022  and 2023 , respectively. A \nhypothetical adverse price change of 10% on our December 31, 2023  balance would decrease the fair value of \nmarketable equity securities by $597 million . From time to time, we may enter into derivatives to hedge the market \nprice risk on certain of our marketable equity securities.\nOur non-marketable equity securities not accounted for under the equity method are adjusted to fair value for"}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597f132-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 46, "chroma:document": "observable transactions for identical or similar investments of the same issuer or impairment (referred to as the \nmeasurement alternative). The fair value measured at the time of the observable transaction is not necessarily an \nindication of the current fair value as of the balance sheet date. These investments, especially those that are in the \nearly stages, are inherently risky because the technologies or products these companies have under development are \ntypically in the early phases and may never materialize, and they may experience a decline in financial condition, \nwhich could result in a loss of a substantial part of our investment in these companies. Valuations of our equity \ninvestments in private companies are inherently more complex due to the lack of readily available market data and \nobservable transactions at lower valuations could result in significant losses. In addition, global economic conditions \ncould result in additional volatility. The success of our investment in any private company is also typically dependent on \nthe likelihood of our ability to realize appreciation in the value of investments through liquidity events such as public \nofferings, acquisitions, private sales or other market events. Changes in the valuation of non-marketable equity \nsecurities may not directly correlate with changes in valuation of marketable equity securities. As of December 31, \n2022  and 2023 , the carrying value of our non-marketable equity securities, which were accounted for under the \nmeasurement alternative, was $28.5 billion  and $28.8 billion , respectively. \nThe carrying values of our equity method investments, which totaled approximately $1.7 billion  as of \nDecember 31, 2022  and 2023 , generally do not fluctuate based on market price changes. However, these investments \ncould be impaired if the carrying value exceeds the fair value and is not expected to recover.\nFor additional information about our equity investments, see Note 1  and Note 3  of the Notes to Consolidated \nFinancial Statements included in Item 8 of this Annual Report on Form 10-K.Table of Contents Alphabet Inc.\n46."}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597f16e-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 47, "chroma:document": "ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA\nAlphabet Inc.\nINDEX TO CONSOLIDATED FINANCIAL STATEMENTS\n Page\nReports of Independent Registered Public Accounting Firm  (PCAOB ID: 42) 48\nFinancial Statements:\nConsolidated Balance Sheets 51\nConsolidated Statements of Income 52\nConsolidated Statements of Comprehensive Income 53\nConsolidated Statements of Stockholders\u2019 Equity 54\nConsolidated Statements of Cash Flows 55\nNotes to Consolidated Financial Statements 56Table of Contents Alphabet Inc.\n47."}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597f1be-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 48, "chroma:document": "REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM\nTo the Stockholders and the Board of Directors of Alphabet Inc.\nOpinion on the Financial Statements\nWe have audited the accompanying consolidated balance sheets of Alphabet Inc. (the Company) as of December 31, \n2022  and 2023 , the related consolidated statements of income, comprehensive income, stockholders' equity and cash \nflows for each of the three years in the period ended December 31, 2023 , and the related notes and financial \nstatement schedule listed in the Index at Item 15 (collectively referred to as the \u201cconsolidated financial statements\u201d). In \nour opinion, the consolidated financial statements present fairly, in all material respects, the financial position of the \nCompany at December 31, 2022  and 2023 , and the results of its operations and its cash flows for each of the three \nyears in the period ended December 31, 2023 , in conformity with U.S. generally accepted accounting principles.\nWe also have audited, in accordance with the standards of the Public Company Accounting Oversight Board (United \nStates) (PCAOB), the Company's internal control over financial reporting as of December 31, 2023 , based on criteria \nestablished in Internal Control\u2014Integrated Framework issued by the Committee of Sponsoring Organizations of the \nTreadway Commission (2013 framework), and our report dated January 30, 2024  expressed an unqualified opinion \nthereon.\nBasis for Opinion\nThese financial statements are the responsibility of the Company's management. Our responsibility is to express an \nopinion on the Company\u2019s financial statements based on our audits. We are a public accounting firm registered with \nthe PCAOB and are required to be independent with respect to the Company in accordance with the U.S. federal \nsecurities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.\nWe conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and \nperform the audit to obtain reasonable assurance about whether the financial statements are free of material \nmisstatement, whether due to error or fraud. Our audits included performing procedures to assess the risks of material \nmisstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to"}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597f1f0-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 48, "chroma:document": "those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in \nthe financial statements. Our audits also included evaluating the accounting principles used and significant estimates \nmade by management, as well as evaluating the overall presentation of the financial statements. We believe that our \naudits provide a reasonable basis for our opinion.\nCritical Audit Matter\nThe critical audit matter communicated below is a matter arising from the current period audit of the financial \nstatements that was communicated or required to be communicated to the audit committee and that: (1) relates to \naccounts or disclosures that are material to the financial statements and (2) involved our especially challenging, \nsubjective or complex judgments. The communication of the critical audit matter does not alter in any way our opinion \non the consolidated financial statements, taken as a whole, and we are not, by communicating the critical audit matter \nbelow, providing a separate opinion on the critical audit matter or on the account or disclosure to which it relates. Table of Contents Alphabet Inc.\n48."}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597f222-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 49, "chroma:document": "Loss Contingencies \nDescription of \nthe MatterThe Company is regularly subject to claims, lawsuits, regulatory and government investigations, \nother proceedings, and consent orders involving competition, intellectual property, data privacy and \nsecurity, tax and related compliance, labor and employment, commercial disputes, content \ngenerated by its users, goods and services offered by advertisers or publishers using their \nplatforms, personal injury, consumer protection, and other matters. As described in Note 10 to the \nconsolidated financial statements \u201cCommitments and contingencies\u201d such claims, lawsuits, \nregulatory and government investigations, other proceedings, and consent orders could result in \nadverse consequences.\nSignificant judgment is required to determine both the likelihood, and the estimated amount, of a \nloss related to such matters. Auditing management\u2019s accounting for and disclosure of loss \ncontingencies from these matters involved challenging and subjective auditor judgment in \nassessing the Company\u2019s evaluation of the probability of a loss, and the estimated amount or \nrange of loss.\nHow We \nAddressed the \nMatter in Our \nAuditWe tested relevant controls over the identified risks associated with management\u2019s accounting for \nand disclosure of these matters. This included controls over management\u2019s assessment of the \nprobability of incurrence of a loss and whether the loss or range of loss was reasonably estimable \nand the development of related disclosures.\nOur audit procedures included gaining an understanding of previous rulings and the status of \nongoing lawsuits, reviewing letters addressing the matters from internal and external legal counsel, \nmeeting with internal legal counsel to discuss the allegations, and obtaining a representation letter \nfrom management on these matters. We also evaluated the Company\u2019s disclosures in relation to \nthese matters.\n/s/ Ernst & Young LLP\nWe have served as the Company's auditor since 1999.\nSan Jose, California\nJanuary 30, 2024Table of Contents Alphabet Inc.\n49."}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597f254-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 50, "chroma:document": "REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM\nTo the Stockholders and the Board of Directors of Alphabet Inc.\nOpinion on Internal Control Over Financial Reporting\nWe have audited Alphabet Inc.\u2019s internal control over financial reporting as of December 31, 2023, based on criteria \nestablished in Internal Control\u2014Integrated Framework issued by the Committee of Sponsoring Organizations of the \nTreadway Commission (2013 framework) (the COSO criteria). In our opinion, Alphabet Inc. (the Company) maintained, \nin all material respects, effective internal control over financial reporting as of December 31, 2023, based on the COSO \ncriteria.\nWe also have audited, in accordance with the standards of the Public Company Accounting Oversight Board (United \nStates) (PCAOB), the 2023 consolidated financial statements of the Company and our report dated January 30, 2024 \nexpressed an unqualified opinion thereon. \nBasis for Opinion\nThe Company\u2019s management is responsible for maintaining effective internal control over financial reporting and for its \nassessment of the effectiveness of internal control over financial reporting included in the accompanying \nManagement\u2019s Report on Internal Control over Financial Reporting. Our responsibility is to express an opinion on the \nCompany\u2019s internal control over financial reporting based on our audit. We are a public accounting firm registered with \nthe PCAOB and are required to be independent with respect to the Company in accordance with the U.S. federal \nsecurities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.\nWe conducted our audit in accordance with the standards of the PCAOB. Those standards require that we plan and \nperform the audit to obtain reasonable assurance about whether effective internal control over financial reporting was \nmaintained in all material respects. \nOur audit included obtaining an understanding of internal control over financial reporting, assessing the risk that a \nmaterial weakness exists, testing and evaluating the design and operating effectiveness of internal control based on \nthe assessed risk, and performing such other procedures as we considered necessary in the circumstances. We \nbelieve that our audit provides a reasonable basis for our opinion.\nDefinition and Limitations of Internal Control Over Financial Reporting\nA company\u2019s internal control over financial reporting is a process designed to provide reasonable assurance regarding \nthe reliability of financial reporting and the preparation of financial statements for external purposes in accordance with"}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597f286-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 50, "chroma:document": "generally accepted accounting principles. A company\u2019s internal control over financial reporting includes those policies \nand procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the \ntransactions and dispositions of the assets of the company; (2) provide reasonable assurance that transactions are \nrecorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting \nprinciples, and that receipts and expenditures of the company are being made only in accordance with authorizations \nof management and directors of the company; and (3) provide reasonable assurance regarding prevention or timely \ndetection of unauthorized acquisition, use, or disposition of the company\u2019s assets that could have a material effect on \nthe financial statements.\nBecause of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. \nAlso, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become \ninadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may \ndeteriorate.\n/s/ Ernst & Young LLP\nSan Jose, California\nJanuary 30, 2024Table of Contents Alphabet Inc.\n50."}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597f2cc-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 51, "chroma:document": "Alphabet Inc.\nCONSOLIDATED BALANCE SHEETS\n(in millions, except par value per share amounts)\nAs of December 31,\n2022 2023\nAssets\nCurrent assets:\nCash and cash equivalents $ 21,879 $ 24,048 \nMarketable securities  91,883  86,868 \nTotal cash, cash equivalents, and marketable securities  113,762  110,916 \nAccounts receivable, net  40,258  47,964 \nOther current assets  10,775  12,650 \nTotal current assets  164,795  171,530 \nNon-marketable securities  30,492  31,008 \nDeferred income taxes  5,261  12,169 \nProperty and equipment, net  112,668  134,345 \nOperating lease assets  14,381  14,091 \nGoodwill  28,960  29,198 \nOther non-current assets  8,707  10,051 \nTotal assets $ 365,264 $ 402,392 \nLiabilities and Stockholders\u2019 Equity\nCurrent liabilities:\nAccounts payable $ 5,128 $ 7,493 \nAccrued compensation and benefits  14,028  15,140 \nAccrued expenses and other current liabilities  37,866  46,168 \nAccrued revenue share  8,370  8,876 \nDeferred revenue  3,908  4,137 \nTotal current liabilities  69,300  81,814 \nLong-term debt  14,701  13,253 \nDeferred revenue, non-current  599  911 \nIncome taxes payable, non-current  9,258  8,474 \nDeferred income taxes  514  485 \nOperating lease liabilities  12,501  12,460 \nOther long-term liabilities  2,247  1,616 \nTotal liabilities  109,120  119,013 \nCommitments and Contingencies (Note 10)\nStockholders\u2019 equity:\nPreferred stock, $0.001  par value per share, 100 shares authorized; no shares \nissued and outstanding  0  0"}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597f2fe-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 51, "chroma:document": "issued and outstanding  0  0 \nClass A, Class B, and Class C stock and additional paid-in capital, $0.001  par value \nper share: 300,000  shares authorized (Class A 180,000 , Class B 60,000 , Class C \n60,000 ); 12,849  (Class A 5,964 , Class B 883, Class C 6,002 ) and 12,460  (Class A \n5,899 , Class B 870, Class C 5,691 ) shares issued and outstanding  68,184  76,534 \nAccumulated other comprehensive income (loss)  (7,603)  (4,402) \nRetained earnings  195,563  211,247 \nTotal stockholders\u2019 equity  256,144  283,379 \nTotal liabilities and stockholders\u2019 equity $ 365,264 $ 402,392 \nSee accompanying notes.Table of Contents Alphabet Inc.\n51."}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597f344-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 52, "chroma:document": "Alphabet Inc.\nCONSOLIDATED STATEMENTS OF INCOME\n(in millions, except per share amounts)\n Year Ended December 31,\n 2021 2022 2023\nRevenues $ 257,637 $ 282,836 $ 307,394 \nCosts and expenses:\nCost of revenues  110,939  126,203  133,332 \nResearch and development  31,562  39,500  45,427 \nSales and marketing  22,912  26,567  27,917 \nGeneral and administrative  13,510  15,724  16,425 \nTotal costs and expenses  178,923  207,994  223,101 \nIncome from operations  78,714  74,842  84,293 \nOther income (expense), net  12,020  (3,514)  1,424 \nIncome before income taxes  90,734  71,328  85,717 \nProvision for income taxes  14,701  11,356  11,922 \nNet income $ 76,033 $ 59,972 $ 73,795 \nBasic net income per share of Class A, Class B, and Class C stock $ 5.69 $ 4.59 $ 5.84 \nDiluted net income per share of Class A, Class B, and Class C stock $ 5.61 $ 4.56 $ 5.80 \nSee accompanying notes.Table of Contents Alphabet Inc.\n52."}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597f394-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 53, "chroma:document": "Alphabet Inc.\nCONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME\n(in millions)\n Year Ended December 31,\n 2021 2022 2023\nNet income $ 76,033 $ 59,972 $ 73,795 \nOther comprehensive income (loss):\nChange in foreign currency translation adjustment  (1,442)  (1,836)  735 \nAvailable-for-sale investments:\nChange in net unrealized gains (losses)  (1,312)  (4,720)  1,344 \nLess: reclassification adjustment for net (gains) losses included in \nnet income  (64)  1,007  1,168 \nNet change, net of income tax benefit (expense) of $394 , $1,056 , \nand $(698)  (1,376)  (3,713)  2,512 \nCash flow hedges:\nChange in net unrealized gains (losses)  716  1,275  168 \nLess: reclassification adjustment for net (gains) losses included in \nnet income  (154)  (1,706)  (214) \nNet change, net of income tax benefit (expense) of $(122) , $110 , \nand $2  562  (431)  (46) \nOther comprehensive income (loss)  (2,256)  (5,980)  3,201 \nComprehensive income $ 73,777 $ 53,992 $ 76,996 \nSee accompanying notes.Table of Contents Alphabet Inc.\n53."}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597f3d0-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 54, "chroma:document": "Alphabet Inc.\nCONSOLIDATED STATEMENTS OF STOCKHOLDERS\u2019 EQUITY\n(in millions)\n Class A, Class B, Class C \nStock and\nAdditional Paid-In CapitalAccumulated\nOther\nComprehensive\nIncome (Loss)Retained\nEarningsTotal\nStockholders\u2019\nEquity  Shares Amount\nBalance as of December 31, 2020  13,504 $ 58,510 $ 633 $ 163,401 $ 222,544 \nStock issued  145  12  0  0  12 \nStock-based compensation expense  0  15,539  0  0  15,539 \nTax withholding related to vesting of \nrestricted stock units and other  0  (10,273)  0  0  (10,273) \nRepurchases of stock  (407)  (2,324)  0  (47,950)  (50,274) \nSale of interest in consolidated entities  0  310  0  0  310 \nNet income  0  0  0  76,033  76,033 \nOther comprehensive income (loss)  0  0  (2,256)  0  (2,256) \nBalance as of December 31, 2021  13,242  61,774  (1,623)  191,484  251,635 \nStock issued  137  8  0  0  8 \nStock-based compensation expense  0  19,525  0  0  19,525 \nTax withholding related to vesting of \nrestricted stock units and other  0  (9,754)  0  (1)  (9,755) \nRepurchases of stock  (530)  (3,404)  0  (55,892)  (59,296) \nSale of interest in consolidated entities  0  35  0  0  35 \nNet income  0  0  0  59,972  59,972"}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597f40c-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 54, "chroma:document": "Other comprehensive income (loss)  0  0  (5,980)  0  (5,980) \nBalance as of December 31, 2022  12,849  68,184  (7,603)  195,563  256,144 \nStock issued  139  0  0  0  0 \nStock-based compensation expense  0  22,578  0  0  22,578 \nTax withholding related to vesting of \nrestricted stock units and other  0  (10,164)  0  9  (10,155) \nRepurchases of stock  (528)  (4,064)  0  (58,120)  (62,184) \nNet income  0  0  0  73,795  73,795 \nOther comprehensive income (loss)  0  0  3,201  0  3,201 \nBalance as of December 31, 2023  12,460 $ 76,534 $ (4,402) $ 211,247 $ 283,379 \nSee accompanying notes.Table of Contents Alphabet Inc.\n54."}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597f448-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 55, "chroma:document": "Alphabet Inc.\nCONSOLIDATED STATEMENTS OF CASH FLOWS\n(in millions)\n Year Ended December 31,\n 2021 2022 2023\nOperating activities\nNet income $ 76,033 $ 59,972 $ 73,795 \nAdjustments:\nDepreciation of property and equipment  10,273  13,475  11,946 \nStock-based compensation expense  15,376  19,362  22,460 \nDeferred income taxes  1,808  (8,081)  (7,763) \n(Gain) loss on debt and equity securities, net  (12,270)  5,519  823 \nOther  1,955  3,483  4,330 \nChanges in assets and liabilities, net of effects of acquisitions:\nAccounts receivable, net  (9,095)  (2,317)  (7,833) \nIncome taxes, net  (625)  584  523 \nOther assets  (1,846)  (5,046)  (2,143) \nAccounts payable  283  707  664 \nAccrued expenses and other liabilities  7,304  3,915  3,937 \nAccrued revenue share  1,682  (445)  482 \nDeferred revenue  774  367  525 \nNet cash provided by operating activities  91,652  91,495  101,746 \nInvesting activities\nPurchases of property and equipment  (24,640)  (31,485)  (32,251) \nPurchases of marketable securities  (135,196)  (78,874)  (77,858) \nMaturities and sales of marketable securities  128,294  97,822  86,672 \nPurchases of non-marketable securities  (2,838)  (2,531)  (3,027) \nMaturities and sales of non-marketable securities  934  150  947 \nAcquisitions, net of cash acquired, and purchases of intangible assets  (2,618)  (6,969)  (495)"}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597f47a-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 55, "chroma:document": "Other investing activities  541  1,589  (1,051) \nNet cash used in investing activities  (35,523)  (20,298)  (27,063) \nFinancing activities\nNet payments related to stock-based award activities  (10,162)  (9,300)  (9,837) \nRepurchases of stock  (50,274)  (59,296)  (61,504) \nProceeds from issuance of debt, net of costs  20,199  52,872  10,790 \nRepayments of debt  (21,435)  (54,068)  (11,550) \nProceeds from sale of interest in consolidated entities, net  310  35  8 \nNet cash used in financing activities  (61,362)  (69,757)  (72,093) \nEffect of exchange rate changes on cash and cash equivalents  (287)  (506)  (421) \nNet increase (decrease) in cash and cash equivalents  (5,520)  934  2,169 \nCash and cash equivalents at beginning of period  26,465  20,945  21,879 \nCash and cash equivalents at end of period $ 20,945 $ 21,879 $ 24,048 \nSupplemental disclosures of cash flow information\nCash paid for income taxes, net of refunds $ 13,412 $ 18,892 $ 19,164 \nSee accompanying notes.Table of Contents Alphabet Inc.\n55."}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597f4ca-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 56, "chroma:document": "Alphabet Inc.\nNOTES TO CONSOLIDATED FINANCIAL STATEMENTS\nNote 1.    Summary of Significant Accounting Policies\nNature of Operations\nGoogle was incorporate d in California in September 1998 and re-incorporated in the State of Delaware in August \n2003. In 2015, we implemented a holding company reorganization, and as a result, Alphabet Inc. (\"Alphabet\") became \nthe successor issuer to Google.\nWe generate revenues by delivering relevant, cost-effective online advertising; cloud-based solutions that provide \nenterprise customers with infrastructure and platform services as well as communication and collaboration tools; sales \nof other products and services, such as  fees received for consumer subscription-based products, apps and in-app \npurchases, and devices .\nBasis of Consolidation\nThe consolidated financial statements of Alphabet include the accounts of Alphabet and entities consolid ated \nunder the variable interest and voting models. Intercompany balances and transactions have been eliminated.\nUse of Estimates\nPreparation of consolidated financial statements in conformity with GAAP requires us to make estimates and \nassumptions that affect the amounts reported and disclosed in the financial statements and the accompanying notes. \nActual results could differ materially from these estimates due to uncertainties. On an ongoing basis, we evaluate our \nestimates, including those related to the allowance for credit losses; content licenses;  contingent liabilities; fair values \nof financial instruments and goodwill; income taxes; inventory; and useful lives of property and equipment,  among \nothers. We base our estimates on assumptions, both historical and forward looking, that are believed to be reasonable, \nand the results of which form the basis for making judgments about the carrying values of assets and liabilities.\nIn January 2023, we completed an assessment of the useful lives of our servers and network equipment and \nadjusted the estimated useful life of our servers from four years  to six years  and the estimated useful life of certain \nnetwork equipment from five years  to six years . This change in accounting estimate was effective beginning in fiscal \nyear 2023. Based on the carrying value of servers and certain network equipment as of December 31, 2022, and those \nplaced in service during the year ended December 31, 2023, the effect of this change in estimate was a reduction in"}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597f506-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 56, "chroma:document": "depreciation expense of $3.9 billion  and an increase in net income of $3.0 billion , or $0.24  per basic and $0.24  per \ndiluted share,  for the year ended December 31, 2023.\nRevenue Recognition\nRevenues are recognized when control of the promised goods or services is transferred to our customers, and \nthe collectibility of an amount that we expect in exchange for those goods or services is probable.  Sales and other \nsimilar taxes are excluded from revenues. \nAdvertising Revenues\nWe generate advertising revenues primarily by delivering advertising on:\n\u2022Google Search and other properties, including revenues from traffic generated by search distribution partners \nwho use Google.com as their default search in browsers, toolbars, etc. and other Google owned and operated \nproperties like Gmail, Google Maps, and Google Play;\n\u2022YouTube properties; and\n\u2022Google Network properties, including revenues from Google Network properties participating in AdMob, \nAdSense, and Google Ad Manager.\nOur customers generally purchase advertising inventory through Google Ads, Google Ad Manager, Google \nDisplay & Video 360, and Google Marketing Platform, among others.\nWe offer advertising by delivering both performance and brand advertising. We recognize revenues for \nperformance advertising when a user engages with the advertisement . For brand advertising, we recognize revenues \nwhen the ad is displayed, or a user views the ad.\nFor ads placed on Google Network properties, we evaluate whether we are the principal  (i.e., report revenues on \na gross basis) or agent (i.e., report revenues on a net basis). Generally, we report advertising revenues for ads placed \non Google Network properties on a gross basis, that is, the amounts billed to our customers are recorded as revenues, Table of Contents Alphabet Inc.\n56."}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597f542-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 57, "chroma:document": "and amounts paid to Google Network partners are recorded as cost of revenues. Where we are the principal, we \ncontrol the advertising inventory before it is transferred to our customers. Our control is evidenced by our sole ability to \nmonetize the advertising inventory before it is transferred to our customers and is further supported by us being \nprimarily responsible to our customers and having a level of discretion in establishing pricing.\nGoogle  Subscriptions, Platforms, and Device s\nGoogle subscriptions, platforms, and devices revenues consist of revenues from:\n\u2022consumer subscriptions, which primarily include revenues from YouTube services, such YouTube TV, YouTube \nMusic and Premium, and NFL Sunday Ticket, as well as Google One;\n\u2022platforms, which primarily include revenues from Google Play from the sales of apps and in-app purchases;\n\u2022devices, which primarily include sales of the Pixel family of devices; and\n\u2022other products and services.\nSubscription revenues are recognized ratably over the period of the subscription, primarily monthly . We report \nrevenues from Google Play app sales and in-app purchases on a net basis, because our performance obligation is to \nfacilitate a transaction between app developers and end users, for which we earn a service fee. \nGoogle Cloud Revenues\nGoogle Cloud revenues consist of revenues from:\n\u2022Google Cloud Platform, which generates consumption-based fees and subscriptions for infrastructure, \nplatform, and other services. These services provide access to solutions such as cybersecurity, databases, \nanalytics, and AI offerings including our AI infrastructure, Vertex AI platform, and Duet AI for Google Cloud;\n\u2022Google Workspace, which includes subscriptions for cloud-based communication and collaboration tools for \nenterprises, such as Calendar, Gmail, Docs, Drive, and Meet, with integrated features like Duet AI in Google \nWorkspace; and\n\u2022other enterprise services.\nOur cloud services are generally provided on either a consumption or subscription basis and may have contract \nterms longer than a year. Revenues related to cloud services provided on a consumption basis are recognized when \nthe customer utilizes the services, based on the quantity of services consumed. Revenues related to cloud services \nprovided on a subscription basis are recognized ratably over the contract term as the customer receives and \nconsumes the benefits of the cloud services.\nArrangements with Multiple Performance Obligations\nOur contracts with customers may include multiple performance obligations. For such arrangements, we allocate"}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597f57e-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 57, "chroma:document": "revenues to each performance obligation based on its relative standalone selling price. We generally determine \nstandalone selling prices based on the prices charged to customers.\nCustomer Incentives and Credits\nCertain customers receive cash-based incentives or credits, which are accounted for as variable consideration. \nWe estimate these amounts based on the expected amount to be provided to customers and reduce revenues. We \nbelieve that there will not be significant changes to our estimates of variable consideration.\nSales Commissions\nWe expense sales commissions when incurred when the period of the expected benefit is one year or less. We \nrecognize an asset for certain sales commissions and  amortize i f the expected benefit period is greater than one year. \nThese costs are recorded within sales and marketing expenses.\nCost of Revenues\nCost of revenues consists of TAC and other costs of revenues.\n\u2022TAC includes: \n\u25e6amounts paid to our distribution partners who make available our search access points and services. \nOur distribution partners include browser providers, mobile carriers, original equipment manufacturers, \nand software developers; and\n\u25e6amounts paid to Google Network partners primarily for ads displayed on their properties.Table of Contents Alphabet Inc.\n57."}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597f5d8-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 58, "chroma:document": "\u2022Other cost of revenues includes:\n\u25e6compensation expense related to our data centers and other operations such as content review and \ncustomer and product support;\n\u25e6content acquisition costs, which are payments to content providers from whom we license video and \nother content for distribution on YouTube and Google Play (we pay fees to these content providers \nbased on revenues generated or a flat fee);\n\u25e6depreciation expense related to our technical infrastructure; and\n\u25e6inventory and other costs related to the devices we sell.\nSoftware Development  Costs\nWe expense software development costs, including costs to develop software products or the software \ncomponent of products to be sold, leased, or marketed to external users, before technological feasibility is reached. \nTechnological feasibility is typically reached shortly before the release of such products. As a result, development costs \nthat meet the criteria for capitalization were not material for the periods presented.\nSoftware development costs also include costs to develop software to be used solely to meet internal needs and \ncloud-based applications used to deliver our services. We capitalize development costs related to these software \napplications once the preliminary project stage is complete and it is probable that the project will be completed and the \nsoftware will be used to perform the function intended. Costs capitalized for developing such software applications \nwere not material for the periods presented.\nStock-based Compensation  \nStock-based compensation (SBC)  primarily consists of Alphabet restricted stock units (RSUs). RSUs are equity \nclassified and measured at the fair market value of the underlying stock at the grant date. We recognize RSU expense \nusing the straight-line attribution method over the requisite service period and account for forfeitures as they occur.\nFor RSUs, shares are issued on the vesting dates net of the applicable statutory income tax withholding to be \npaid by us on behalf of our employees. As a result, fewer shares are issued than the number of RSUs outstanding, and \nthe income tax withholding is recorded as a reduction to additional paid-in capital.\nAdditionally, SBC includes other stock-based awards, such as performance stock units (PSUs) that include \nmarket conditions and awards that may be settled in cash or the stock of certain Other Bet companies . PSUs and  \ncertain awards granted by Other Bet companies  are equity classified and expense is recognized over the requisite"}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597f61e-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 58, "chroma:document": "service period. Certain awards granted by Other Bet companies are liability classified and remeasured at fair value \nthrough settlement. The fair value of awards granted by Other Bet companies is based on the equity valuation of the \nrespective Other Bet company.\nAdvertising and Promotional Expenses\nWe expense advertising and promotional costs in the period in which they are incurred.  For the years ended \nDecember 31, 2021 , 2022 , and 2023 , advertising and promotional expenses totaled approximately $7.9 billion , $9.2 \nbillion , and $8.7 billion , respectively.\nPerformance Fees\nPerformance fees refer to compensation arrangements with payouts based on realized returns from certain \ninvestments. We record compensation expense based on the estimated payouts on an ongoing basis, which may \nresult in expense recognized before investment returns are realized and compensation is paid and may require the use \nof unobservable inputs . Performance fees are recorded as a component of OI&E.\nFair Value Measurements \nFair value is an exit price, representing the amount that would be received to sell an asset or paid to transfer a \nliability in an orderly transaction between market participants. As such, fair value is a market-based measurement that \nis determined based on assumptions that market participants would use in pricing an asset or a liability. Assets and \nliabilities recorded at fair value are measured and classified in accordance with a three-tier fair value hierarchy based \non the observability of the inputs available in the market used to measure fair value:\nLevel 1 - Observable inputs that reflect quoted prices (unadjusted) for identical assets or liabilities in active \nmarkets.Table of Contents Alphabet Inc.\n58."}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597f664-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 59, "chroma:document": "Level 2 - Inputs that are based upon quoted prices for similar instruments in active markets, quoted prices for \nidentical or similar instruments in markets that are not active, and model-based valuation techniques for which all \nsignificant inputs are observable in the market or can be derived from observable market data. Where applicable, \nthese models project future cash flows and discount the future amounts to a present value using market-based \nobservable inputs including interest rate curves, foreign exchange rates, and credit ratings.\nLevel 3 - Unobservable inputs that are supported by little or no market activities.\nThe fair value hierarchy requires an entity to maximize the use of observable inputs and minimize the use of \nunobservable inputs when measuring fair value. The determination of fair value involves the use of appropriate \nvaluation methods and relevant inputs into valuation models.\nOur financial assets and liabilities that are measured at fair value on a recurring basis include cash equivalents, \nmarketable securities, derivative financial instruments, and certain non-marketable debt securities. Our financial assets \nmeasured at fair value on a nonrecurring basis include non-marketable equity securities. Other financial assets and \nliabilities are carried at cost with fair value disclosed, if required.\nWe measure certain other instruments, including SBC awards settled in the stock of O ther Bet companies, and \ncertain assets and liabilities acquired in a business combination, also at fair value on a nonrecurring basis. \nFinancial Instruments\nOur financial instruments include cash, cash equivalents, marketable and non-marketable securities, derivative \nfinancial instruments and accounts receivable.\nCredit Risks\nWe are subject to credit risk primarily from cash equivalents, marketable debt securities, derivative financial \ninstruments, including foreign exchange contracts, and accounts receivable.  We manage our credit risk exposure \nthrough timely assessment of our counterparty creditworthiness, credit limits and use of collateral management. \nForeign exchange contracts are transacted with various financial institutions with high credit standing. Accounts \nreceivable are typically unsecured and are derived from revenues earned from customers located around the world. \nWe manage our credit risk exposure by performing ongoing evaluations to determine customer credit and we limit the \namount of credit we extend. We generally do not require collateral from our customers.\nCash Equivalents\nWe invest excess cash primarily in government bonds, corporate debt securities, mortgage-backed and asset-\nbacked securities, time deposits, and money market funds."}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597f696-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 59, "chroma:document": "backed securities, time deposits, and money market funds.\nMarketable Securities\nWe classify all marketable debt securities that have effective maturities of three months or less from the date of \npurchase as cash equivalents and those with effective maturities of greater than three months as marketable securities \non our Consolidated Balance Sheets. We determine the appropriate classification of our investments in marketable \ndebt securities at the time of purchase and reevaluate such designation at each balance sheet date. We have \nclassified and accounted for our marketable debt securities as available-for-sale. After consideration of our risk versus \nreward objectives, as well as our liquidity requirements, we may sell these debt securities prior to their effective \nmaturities. As we view these securities as available to support current operations, we classify highly liquid securities \nwith maturities beyond 12 months as current assets under the caption marketable securities on the Consolidated \nBalance Sheets. We carry these securities at fair value, and report the unrealized gains and losses, net of taxes, as a \ncomponent of stockholders\u2019 equity, except for the changes in allowance for expected credit losses, which are recorded \nin OI&E. For certain marketable debt securities we have elected the fair value option, for which changes in fair value \nare recorded in OI&E. We determine any realized gains or losses on the sale of marketable debt securities on a \nspecific identification method, and we record such gains and losses as a component of OI&E .\nOur investments in marketable equity securities are measured at fair value with the related gains and losses, \nincluding unrealized, recognized in OI&E.  We classify our marketable equity securities subject to long-term lock-up \nrestrictions beyond 12 months as other non-current assets on the Consolidated Balance Sheets.\nNon-Marketable Securities\nNon-marketable securities primarily consist of equity securities . We account for non-marketable equity securities \nthrough which we exercise significant influence but do not have control over the investee under the equity method. All \nother non-marketable equity securities that we hold are primarily accounted for under the measurement alternative. \nUnder the measurement alternative, the carrying value is measured at cost, less any impairment, plus or minus Table of Contents Alphabet Inc.\n59."}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597f6dc-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 60, "chroma:document": "changes resulting from observable price changes in orderly transactions for identical or similar investments of the \nsame issuer.  Adjustments are determined primarily based on a market approach  as of the transaction date and are \nrecorded as a component of OI&E.\nNon-marketable securities that do not have effective contractual maturity dates are classified as other non-\ncurrent assets on the Consolidated Balance Sheets.\nDerivative Financial Instruments\nSee Note 3  for the accounting policy pertaining to derivative financial instruments. \nAccounts Receivable\nOur payment terms for accounts receivable vary by the types and locations of our customers and the products or \nservices offered. The term between invoicing and when payment is due is not significant. For certain products or \nservices and customers, we require payment before the products or services are delivered to the customer. \nAdditionally, accounts receivable includes amounts for services performed in advance of the right to invoice the \ncustomer.\nWe maintain an allowance for credit losses for accounts receivable, which is recorded as an offset to accounts \nreceivable, and changes in such are classified as general and administrative expense in the Consolidated Statements \nof Income. We assess collectibility by reviewing accounts receivable on a collective basis where similar characteristics \nexist and on an individual basis when we identify specific customers with known disputes or collectibility issues. In \ndetermining the amount of the allowance for credit losses, we consider historical collectibility based on past due status \nand make judgments about the creditworthiness of customers based on ongoing credit evaluations. We also consider \ncustomer-specific information, current market conditions, and reasonable and supportable forecasts of future economic \nconditions.\nOther\nOur financial instruments also include debt and equity investments in companies with which we also entered into \ncommercial arrangements at or near the same time.  For these transactions, judgment is required in assessing the \nsubstance of the arrangements, including assessing whether the components of the arrangements should be \naccounted for as separate transactions under the applicable GAAP, and determining the value of the components of \nthe arrangements, including the fair value of the investments. Additionally, if our investment in such companies \nbecomes impaired, any remaining performance obligations would be reassessed and may be reduced.\nImpairment of Investments\nWe periodically review our debt and non-marketable equity securities for impairment."}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597f718-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 60, "chroma:document": "We periodically review our debt and non-marketable equity securities for impairment. \nFor debt securities in an unrealized loss position, we determine whether a credit loss exists. The credit loss is \nestimated by considering available information relevant to the collectibility of the security and information about past \nevents, current conditions, and reasonable and supportable forecasts. Any credit loss is recorded as a charge to OI&E, \nnot to exceed the amount of the unrealized loss. Unrealized losses other than the credit loss are recognized in AOCI. If \nwe have an intent to sell, or if it is more likely than not that we will be required to sell a debt security in an unrealized \nloss position before recovery of its amortized cost basis, we will write down the security to its fair value and record the \ncorresponding charge as a component of OI&E. \nFor non-marketable equity securities, including equity method investments, we consider whether impairment \nindicators exist by evaluating the companies' financial and liquidity position and access to capital resources, among \nother indicators. If the assessment indicates that the investment is impaired, we write down the investment to its fair \nvalue by recording the corresponding charge as a component of OI&E. We prepare quantitative measurements of the \nfair value of our equity investments using a market approach or an income approach.\nInventory\nInventory consists primarily of finished goods and is stated at the lower of cost and net realizable value. Cost is \ncomputed using the first-in, first-out method.\nVariable Interest Entities\nWe determine at the inception of each arrangement whether an entity in which we have made an investment or in \nwhich we have other variable interests is considered a variable interest entity (VIE). We consolidate VIEs when we are \nthe primary beneficiary. We are the primary beneficiary of a VIE when we have the power to direct activities that most \nsignificantly affect the economic performance of the VIE and have the obligation to absorb the majority of their losses Table of Contents Alphabet Inc.\n60."}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597f768-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 61, "chroma:document": "or benefits. If we are not the primary beneficiary in a VIE, we account for the investment or other variable interests in a \nVIE in accordance with applicable GAAP.\nPeriodically, we assess whether any changes in our interest or relationship with the entity affect our determination \nof whether the entity is a VIE and, if so, whether we are the primary beneficiary. \nProperty and Equipment\nProperty and equipment includes the following categories: land and buildings, information technology assets, \nconstruction in progress, leasehold improvements, and furniture and fixtures. Land and buildings include land, offices, \ndata centers, and related building improvements. Information technology assets include servers and network \nequipment. Construction in progress is the construction or development of property and equipment that have not yet \nbeen placed in service. \nProperty and equipment are stated at cost less accumulated depreciation. Depreciation is recorded using the \nstraight-line method over the estimated useful lives of the assets, which we regularly evaluate. Land is not depreciated. \nWe depreciate buildings over periods of seven  to 25 years . We depreciate information technology assets generally \nover a period of six years  for servers and network equipment.  We depreciate leasehold improvements over the shorter \nof the remaining lease term or the estimated useful lives of the assets. Depreciation for buildings, information \ntechnology assets, leasehold improvements, and furniture and fixtures commences once they are ready for our \nintended use.\nGoodwill\nWe allocate goodwill to reporting units based on the expected benefit from the business combination. We \nevaluate our reporting units periodically, as well as when changes in our operating segments occur. For changes in \nreporting units, we reassign goodwill using a relative fair value allocation approach. We test our goodwill for \nimpairment at least annually, or more frequently if events or changes in circumstances indicate that the asset may be \nimpaired. Goodwill impairments were not material for the periods presented.\nLeases\nWe determine if an arrangement is a lease at inception. Our lease agreements generally contain lease and non-\nlease components. Payments under our lease arrangements are primarily fixed. Non-lease components primarily \ninclude payments for maintenance and utilities. We combine fixed payments for non-lease components with lease \npayments and account for them together as a single lease component which increases the amount of our lease assets \nand liabilities."}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597f7ae-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 61, "chroma:document": "and liabilities.\nCertain lease agreements contain variable payments, which are expensed as incurred and not included in the \nlease assets and liabilities. These amounts  primarily  include  payments affected by the Consumer Price Index, and \npayments for maintenance and utilities.\nLease assets and liabilities are recognized at the present value of the future lease payments at the lease \ncommencement date. The interest rate used to determine the present value of the future lease payments is our \nincremental borrowing rate, because the interest rate implicit in our leases is not readily determinable. Our incremental \nborrowing rate is estimated to approximate the interest rate on a collateralized basis with similar terms and payments, \nand in economic environments where the leased asset is located. Our lease terms include periods under options to \nextend or terminate the lease when it is reasonably certain that we will exercise that option. We generally use the \nbase, non-cancelable, lease term when determining the lease assets and liabilities. Lease assets also include any \nprepaid lease payments and lease incentives.\nOperating lease assets and liabilities are included on our Consolidated Balance Sheets. The current portion of our \noperating lease liabilities is included in accrued expenses and other current liabilities, and the long-term portion is \nincluded in operating lease liabilities. Finance lease assets are included in property and equipment, net. Finance lease \nliabilities are included in accrued expenses and other current liabilities or long-term debt.\nOperating lease expense (excluding variable lease costs) is recognized on a straight-line basis over the lease \nterm.\nImpairment of Long-Lived Assets\nWe review lease s, property and equipment, and intangible assets,  excluding goodwill, for impairment when \nevents or changes in circumstances indicate the carrying amount may not be recoverable. The evaluation is performed \nat the lowest level of identifiable cash flows independent of other assets. We measure recoverability of these assets by \ncomparing the carrying amounts to the future undiscounted cash flows that the assets or the asset group are expected Table of Contents Alphabet Inc.\n61."}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597f812-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 62, "chroma:document": "to generate. If the carrying value of the assets or asset group is not recoverable, the impairment recognized is \nmeasured as the amount by which the carrying value exceeds its fair value. \nIncome T axes\nWe account for income taxes using the asset and liability method, under which we recognize the amount of taxes \npayable or refundable for the current year and deferred tax assets and liabilities for the future tax consequences of \nevents that have been recognized in our financial statements or tax returns. We measure current and deferred tax \nassets and liabilities based on provisions of enacted tax law. We evaluate the likelihood of future realization  of our \ndeferred tax assets based on all available evidence and establish a valuation allowance to reduce deferred tax assets \nwhen it is more likely than not that they will not be realized or release a valuation allowance to increase deferred tax \nassets when it is more likely than not that they will be realized. We have elected to account for the tax effects of the \nglobal intangible low tax Income provision as a current period expense.\nWe recognize the financial statement effects of a tax position when it is more likely than not that, based on \ntechnical merits, the position will be sustained upon examination. The tax benefits of the position recognized in the \nfinancial statements are then measured based on the largest amount of benefit that is greater than 50% likely to be \nrealized upon settlement with a taxing authority. In addition, we recognize interest and penalties related to \nunrecognized tax benefits as a component of the income tax provision.\nBusiness Combinations\nWe include the results of operations of the businesses that we acquire as of the acquisition date. We allocate the \npurchase price of the acquisitions to the assets acquired and liabilities assumed based on their estimated fair values, \nexcept for revenue contracts acquired, which are recognized in accordance with our revenue recognition policy. The \nexcess of the purchase price over the fair values of identifiable assets and liabilities is recorded as goodwill. \nAcquisition-related expenses are recognized separately from the business combination and are expensed as incurred.\nForeign Currency\nWe translate the financial statements of our international subsidiaries to U.S. dollars using month-end exchange \nrates for assets and liabilities, and average rates for the annual period derived from month-end exchange rates for \nrevenues, costs, and expenses. We record translation gains and losses in AOCI as a component of stockholders\u2019"}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597f862-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 62, "chroma:document": "equity. We reflect net foreign exchange transaction gains and losses resulting from the conversion of the transaction \ncurrency to functional currency as a component of foreign currency exchange gain (loss) in OI&E .\nRecent  Accounting Pronouncements\nIn November 2023, the Financial Standards Accounting Board (FASB) issued Accounting Standards Update \n(ASU) 2023-07 \"Segment Reporting (Topic 280):Improvements to Reportable Segment Disclosures\" which expands \nannual and interim disclosure requirements for reportable segments, primarily through enhanced disclosures about \nsignificant segment expenses. ASU 2023-07  is effective for our annual periods beginning  January 1, 2024, and for \ninterim periods beginning January 1, 2025, with early adoption permitted. We  are currently evaluating the potential \neffect that the updated standard will have on our financial statement disclosures.\nIn December 2023, the FASB issued ASU 2023-09 \"Income Taxes (Topics 740): Improvements to Income Tax \nDisclosures\"  to expand the disclosure requirements for income taxes, specifically related to the rate reconciliation and \nincome taxes paid. ASU 2023-09  is effective for our annual periods beginning J anuary 1, 2025, with early adoption \npermitted. W e are currently evaluating the potential effect that the updated standard will have on our financial \nstatement disclosures.\nPrior Period Reclassifications\nCertain amounts in prior periods have been reclassified to conform with current period presentation.Table of Contents Alphabet Inc.\n62."}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597f89e-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 63, "chroma:document": "Note 2.    Revenues  \nDisaggregated Revenues\nThe following table presents revenues disaggregated by type (in millions):\nYear Ended December 31,\n2021 2022 2023\nGoogle Search & other $ 148,951 $ 162,450 $ 175,033 \nYouTube ads  28,845  29,243  31,510 \nGoogle Network  31,701  32,780  31,312 \nGoogle advertising  209,497  224,473  237,855 \nGoogle subscriptions, platforms, and devices  28,032  29,055  34,688 \nGoogle Services total  237,529  253,528  272,543 \nGoogle Cloud  19,206  26,280  33,088 \nOther Bets  753  1,068  1,527 \nHedging gains (losses)  149  1,960  236 \nTotal revenues $ 257,637 $ 282,836 $ 307,394 \nNo individual customer or groups of affiliated customers represented more than 10% of our revenues in 2021 , \n2022 , or 2023 . \nThe following table presents revenues disaggregated by geography, based on the addresses of our customers (in \nmillions):\nYear Ended December 31,\n 2021 2022 2023\nUnited States $ 117,854  46 % $ 134,814  48 % $ 146,286  47 %\nEMEA(1) 79,107  31  82,062  29  91,038  30 \nAPAC(1) 46,123  18  47,024  16  51,514  17 \nOther Americas(1) 14,404  5  16,976  6  18,320  6 \nHedging gains (losses)  149  0  1,960  1  236  0 \nTotal revenues $ 257,637  100 % $ 282,836  100 % $ 307,394  100 %"}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597f8ee-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 63, "chroma:document": "(1)Regions represent Europe, the Middle East, and Africa (EMEA); Asia-Pacific (APAC); and Canada and Latin America (\"Other \nAmericas\").\nRevenue Backlog\nAs of December 31, 2023 , we had $74.1 billion  of remaining performance obligations (\u201crevenue backlog\u201d), \nprimarily related to Google Cloud. Our revenue backlog represents commitments in customer contracts for future \nservices that have not yet been recognized as revenue. The estimated revenue backlog and timing of revenue \nrecognition for these commitments is largely driven by our ability to deliver in accordance with relevant contract terms \nand when our customers utilize services . We expect to recognize approximately half of the revenue backlog as \nrevenues over the next 24 months  with the remaining to be recognized thereafter. Revenue backlog includes related \ndeferred revenue currently recorded as well as amounts that will be invoiced in future periods, and excludes contracts \nwith an original expected term of one year or less and cancellable contracts.\nDeferred Revenues\nWe record deferred revenues when cash payments are received or due in advance of our performance, including \namounts which are refundable. Deferred revenues primarily relate to Google Cloud and Google subscriptions, \nplatforms, and devices . Total deferred revenue as of December 31, 2022  was $4.5 billion , of which $2.4 billion  was \nrecognized as revenues for the year ended December 31, 2023 .\nNote 3.    Financial Instruments  \nFair Value Measurements\nInvestments Measured at Fair Value on a Recurring Basis\nCash, cash equivalents, and marketable equity securities are measured at fair value and classified within Level 1 Table of Contents Alphabet Inc.\n63."}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597f95c-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 64, "chroma:document": "and Level 2 in the fair value hierarchy, because we use quoted prices for identical assets in active markets or inputs \nthat are based upon quoted prices for similar instruments in active markets.\nDebt securities are measured at fair value and classified within Level 2 in the fair value hierarchy, because we use \nquoted market prices to the extent available or alternative pricing sources and models utilizing market observable \ninputs to determine fair value. For certain marketable debt securities, we have elected the fair value option for which \nchanges in fair value are recorded in OI&E. The fair value option was elected for these securities to align with the \nunrealized gains and losses from related derivative contracts.\nThe following tables summarize our cash, cash equivalents, and marketable securities measured at fair value on \na recurring basis (in millions):\nAs of December 31, 2022\nFair Value \nHierarchyAdjusted \nCostGross \nUnrealized \nGainsGross \nUnrealized \nLosses Fair ValueCash and \nCash \nEquivalentsMarketable \nSecurities\nFair value changes \nrecorded in other \ncomprehensive income\nTime deposits Level 2 $ 5,297 $ 0 $ 0 $ 5,297 $ 5,293 $ 4 \nGovernment bonds Level 2 41,036  64  (2,045)  39,055  283  38,772 \nCorporate debt securities Level 2 28,578  8  (1,569)  27,017  1  27,016 \nMortgage-backed and \nasset-backed securities Level 2 16,176  5  (1,242)  14,939  0  14,939 \nTotal investments with \nfair value change \nreflected in other \ncomprehensive \nincome(1)$ 91,087 $ 77 $ (4,856) $ 86,308 $ 5,577 $ 80,731 \nFair value adjustments \nrecorded in net income\nMoney market funds Level 1 $ 7,234 $ 7,234 $ 0 \nCurrent marketable \nequity securities(2)Level 1\n 4,013  0  4,013"}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597f9b6-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 64, "chroma:document": "4,013  0  4,013 \nMutual funds Level 2  339  0  339 \nGovernment bonds Level 2  1,877  440  1,437 \nCorporate debt securities Level 2  3,744  65  3,679 \nMortgage-backed and \nasset-backed securitiesLevel 2\n 1,686  2  1,684 \nTotal investments with \nfair value change \nrecorded in net \nincome $ 18,893 $ 7,741 $ 11,152 \nCash  0  8,561  0 \nTotal $ 91,087 $ 77 $ (4,856) $ 105,201 $ 21,879 $ 91,883 \n(1)Represents gross unrealized gains and losses for debt securities recorded to AOCI.\n(2)The long-term portion of marketable equity securities (subject to long-term lock-up restrictions) of $803 million  as of \nDecember 31, 2022  is included within other non-current assets.Table of Contents Alphabet Inc.\n64."}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597fa10-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 65, "chroma:document": "As of December 31, 2023\nFair Value \nHierarchyAdjusted \nCostGross \nUnrealized \nGainsGross \nUnrealized \nLosses Fair ValueCash and \nCash \nEquivalentsMarketable \nSecurities\nFair value changes \nrecorded in other \ncomprehensive income\nTime deposits Level 2 $ 2,628 $ 0 $ 0 $ 2,628 $ 2,628 $ 0 \nGovernment bonds Level 2  38,106  233  (679)  37,660  1,993  35,667 \nCorporate debt securities Level 2  22,457  112  (637)  21,932  0  21,932 \nMortgage-backed and \nasset-backed securities Level 2 17,243  88  (634)  16,697  0  16,697 \nTotal investments with \nfair value change \nreflected in other \ncomprehensive \nincome(1)$ 80,434 $ 433 $ (1,950) $ 78,917 $ 4,621 $ 74,296 \nFair value adjustments \nrecorded in net income\nMoney market funds Level 1 $ 6,480 $ 6,480 $ 0 \nCurrent marketable \nequity securities(2)Level 1 4,282  0 4,282\nMutual funds Level 2 311  0 311\nGovernment bonds Level 2 1,952  347 1,605\nCorporate debt securities Level 2 3,782  91 3,691\nMortgage-backed and \nasset-backed securitiesLevel 2\n2,683  0 2,683\nTotal investments with \nfair value change \nrecorded in net \nincome $ 19,490 $ 6,918 $ 12,572 \nCash  0  12,509  0 \nTotal $ 80,434 $ 433 $ (1,950) $ 98,407 $ 24,048 $ 86,868 \n(1)Represents gross unrealized gains and losses for debt securities recorded to AOCI."}


created_at: 2024-10-19 14:13:57
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encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 65, "chroma:document": "(2)The long-term portion of marketable equity securities (subject to long-term lock-up restrictions) of $1.4 billion  as of \nDecember 31, 2023  is included within other non-current assets.\nInvestments Measured at Fair Value on a Nonrecurring Basis\nOur non-marketable equity securities are investments in privately held companies without readily determinable \nmarket values. The carrying value of our non-marketable equity securities is adjusted to fair value upon observable \ntransactions for identical or similar investments of the same issuer or impairment. Non-marketable equity securities \nthat have been remeasured during the period based on observable transactions are classified within Level 2 or Level 3 \nin the fair value hierarchy because we estimate the value based on valuation methods, including option  pricing models, \nmarket comparable approach, and common stock equivalent method,  which may include a combination of the \nobservable transaction price at the transaction date and other unobservable inputs including volatility,  expected time to \nexit, risk free rate, and the rights, and obligations of the securities we hold.  These inputs significantly vary based on \ninvestment type. The fair value of non-marketable equity securities that have been remeasured due to impairment are \nclassified within Level 3.\nAs of  December 31, 2023 , the carrying value of our non-marketable equity securities was $28.8 billion , of which \n$13.7 billion  were remeasured at fair value during the year ended December 31, 2023 , and primarily classified within \nLevel 2 of the fair value hierarchy at the time of measurement. Table of Contents Alphabet Inc.\n65."}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597faf6-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 66, "chroma:document": "Debt Securities\nThe following table summarizes the estimated fair value of investments in available-for-sale marketable debt \nsecurities by effective contractual maturity dates (in millions):\nAs of December 31, \n2023\nDue in one year or less $ 11,231 \nDue in one year through five years  41,477 \nDue in five years through 10 years  15,351 \nDue after 10 years  14,216 \nTotal $ 82,275 \nThe following tables present fair values and gross unrealized losses recorded to AOCI, aggregated by \ninvestment category and the length of time that individual securities have been in a continuous loss position (in \nmillions):\n As of December 31, 2022\n Less than 12 Months 12 Months or Greater Total\n Fair ValueUnrealized\nLoss Fair ValueUnrealized\nLoss Fair ValueUnrealized\nLoss\nGovernment bonds $ 21,039 $ (1,004) $ 13,438 $ (1,041) $ 34,477 $ (2,045) \nCorporate debt securities  11,228  (440)  15,125  (1,052)  26,353  (1,492) \nMortgage-backed and asset-backed \nsecurities  7,725  (585)  6,964  (657)  14,689  (1,242) \nTotal $ 39,992 $ (2,029) $ 35,527 $ (2,750) $ 75,519 $ (4,779) \n As of December 31, 2023\n Less than 12 Months 12 Months or Greater Total\n Fair ValueUnrealized\nLoss Fair ValueUnrealized\nLoss Fair ValueUnrealized\nLoss\nGovernment bonds $ 1,456 $ (22) $ 13,897 $ (657) $ 15,353 $ (679) \nCorporate debt securities  827  (5)  15,367  (592)  16,194  (597) \nMortgage-backed and asset-backed \nsecurities  2,945  (26)  7,916  (608)  10,861  (634)"}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597fb64-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 66, "chroma:document": "Total $ 5,228 $ (53) $ 37,180 $ (1,857) $ 42,408 $ (1,910) \nWe determine realized gains or losses on the sale or extinguishment of debt securities on a specific identification \nmethod. The following table summarizes gains and losses for debt securities, reflected as a component of OI&E (in \nmillions): \nYear Ended December 31,\n 2021 2022 2023\nUnrealized gain (loss) on fair value option debt securities $ (122) $ (557) $ 386 \nGross realized gain on debt securities  432  103  182 \nGross realized loss on debt securities  (329)  (1,588)  (1,833) \n(Increase) decrease in allowance for credit losses  (91)  (22)  50 \nTotal gain (loss) on debt securities recognized in other income \n(expense), net $ (110) $ (2,064) $ (1,215) Table of Contents Alphabet Inc.\n66."}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597fbd2-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 67, "chroma:document": "Equity Investments\nThe carrying value of equity securities is measured as the total initial cost plus the cumulative net gain (loss). \nGains and losses, including impairments , are included as a component of OI&E in the Consolidated Statements of \nIncome. See  Note 7  for further details on OI&E.\nThe carrying values for marketable and non-marketable equity securities are summarized below (in millions):\nAs of December 31, 2022 As of December 31, 2023\nMarketable \nEquity \nSecuritiesNon-Marketable \nEquity \nSecurities TotalMarketable \nEquity \nSecuritiesNon-Marketable \nEquity \nSecurities Total\nTotal initial cost $ 5,764 $ 16,157 $ 21,921 $ 5,418 $ 17,616 $ 23,034 \nCumulative net \ngain (loss)(1) (608)  12,372  11,764  555  11,150  11,705 \nCarrying value $ 5,156 $ 28,529 $ 33,685 $ 5,973 $ 28,766 $ 34,739 \n(1)Non-marketable equity securities cumulative net gain (loss) is comprised of $16.8 billion  gains and $4.5 billion  losses \n(including impairments) as of December 31, 2022  and $18.1 billion  gains and $6.9 billion  losses (including impairments) as of \nDecember 31, 2023 .\nGains and Losses on Marketable and Non-marketable Equity Securities\nGains and losses (including impairments), net, for marketable and non-marketable equity securities included in \nOI&E are summarized below (in millions):\nYear Ended December 31,\n 2021 2022 2023\nRealized net gain (loss) on equity securities sold during the \nperiod $ 1,196 $ (442) $ 690 \nUnrealized net gain (loss) on marketable equity securities  1,335  (3,242)  790 \nUnrealized net gain (loss) on non-marketable equity securities(1) 9,849  229  (1,088)"}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597fc36-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 67, "chroma:document": "Total gain (loss) on equity securities in other income \n(expense), net $ 12,380 $ (3,455) $ 392 \n(1)Unrealized gain (loss) on non-marketable equity securities accounted for under the measurement alternative is comprised of \n$10.0 billion , $3.3 billion , and $1.8 billion  of upward adjustments as of December 31, 2021 , 2022 , and 2023 , respectively, and \n$122 million , $3.0 billion , and $2.9 billion  of downward adjustments (including impairments) as of December 31, 2021 , 2022 , \nand 2023 , respectively.\nIn the table above, realized net gain (loss) on equity securities sold during the period reflects the difference \nbetween the sale proceeds and the carrying value of the equity securities at the beginning of the period or the \npurchase date, if later.\nCumulative net gains (losses) on equity securities sold during the period, which is summarized in the following \ntable (in millions), represents the total net gains (losses) recognized after the initial purchase date of the equity security \nsold during the period. While these net gains (losses) may have been reflected in periods prior to the period of sale, we \nbelieve they are important supplemental information as they reflect the economic net gains (losses) on the securities \nsold during the period. Cumulative net gains (losses) are calculated as the difference between the sale price and the \ninitial purchase price for the equity security sold during the period.\nEquity Securities Sold During the Year \nEnded December 31,\n 2022 2023\nTotal sale price $ 1,784 $ 1,981 \nTotal initial cost  937  1,512 \nCumulative net gains (losses) $ 847 $ 469 \nEquity  Securities Accounted for Under the Equity Method\nAs of December 31, 2022  and 2023 , equity securities accounted for under the equity method had a carrying value \nof approximately $1.5 billion  and $1.7 billion , respectively. Our share of gains and losses, including impairments, are"}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597fdbc-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 67, "chroma:document": "included as a component of OI&E, in the Consolidated Statements of Income. See Note 7  for further details on OI&E.  Table of Contents Alphabet Inc.\n67."}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597fe16-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 68, "chroma:document": "Derivative Financial Instruments\nWe use derivative instruments to manage risks relating to our ongoing business operations. The primary risk \nmanaged is foreign exchange risk. We use foreign currency contracts to reduce the risk that our cash flows, earnings, \nand investment in foreign subsidiaries will be adversely affected by foreign currency exchange rate fluctuations. We \nalso enter into derivative instruments to partially offset our exposure to other risks and enhance investment returns.\nWe recognize derivative instruments in the Consolidated Balance Sheets at fair value and classify the derivatives \nprimarily within Level 2 in the fair value hierarchy. We present our collar contracts (an option strategy comprised of a \ncombination of purchased and written options) at net fair values and present all other derivatives at gross fair values. \nThe accounting treatment for derivatives is based on the intended use and hedge designation.\nCash Flow Hedges\nWe designate foreign currency forward and option contracts (including collars) as cash flow hedges to hedge \ncertain forecasted revenue transactions denominated in currencies other than the U.S. dollar. These contracts have \nmaturities of 24 months  or less.\nCash flow hedge amounts included in the assessment of hedge effectiveness are deferred in AOCI and \nsubsequently reclassified to revenue when the hedged item is recognized in earnings. We exclude forward points and \ntime value from our assessment of hedge effectiveness and amortize them on a straight-line basis over the life of the \nhedging instrument in revenues. The difference between fair value changes of the excluded component and the \namount amortized to revenues is recorded in AOCI.\nAs of December 31, 2023 , the net accumulated gain on our foreign currency cash flow hedges before tax effect \nwas $47 million , which is expected to be reclassified from AOCI into revenues within the next 12 months.\nFair Value Hedges\nWe designate foreign currency forward contracts as fair value hedges to hedge foreign currency risks for our \nmarketable securities denominated in currencies other than the U.S. dollar. Fair value hedge amounts included in the \nassessment of hedge effectiveness are recognized in OI&E, along with the offsetting gains and losses of the related \nhedged items. We exclude forward points from the assessment of hedge effectiveness and recognize changes in the \nexcluded component in OI&E.\nNet Investment Hedges\nWe designate foreign currency forward contracts as net investment hedges to hedge the foreign currency risks"}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597fe52-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 68, "chroma:document": "related to our investment in foreign subsidiaries. Net investment hedge amounts included in the assessment of hedge \neffectiveness are recognized in AOCI along with the foreign currency translation adjustment. We exclude forward \npoints from the assessment of hedge effectiveness and recognize changes in the excluded component in OI&E.\nOther Derivatives\nWe enter into foreign currency forward and option contracts that are not designated as hedging instruments to \nhedge intercompany transactions and other monetary assets or liabilities denominated in currencies other than the \nfunctional currency of a subsidiary. Gains and losses on these derivatives that are not designated as accounting \nhedges are primarily recorded in OI&E along with the foreign currency gains and losses on monetary assets and \nliabilities.\nWe also use derivatives not designated as hedging instruments to manage risks relating to interest rates, \ncommodity prices, credit exposures, and to enhance investment returns.  From time to time, we enter into derivatives to \nhedge the market price risk on certain of our marketable equity securities. Gains and losses arising from other \nderivatives are primarily reflected within the \u201cother\u201d component of OI&E. See Note 7  for further details. Table of Contents Alphabet Inc.\n68."}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597fe98-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 69, "chroma:document": "The gross notional amounts of outstanding derivative instruments were as follows (in millions):\nAs of December 31,\n2022 2023\nDerivatives designated as hedging instruments:\nForeign exchange contracts\nCash flow hedges  $ 15,972 $ 18,039 \nFair value hedges $ 2,117 $ 2,065 \nNet investment hedges $ 8,751 $ 9,472 \nDerivatives not designated as hedging instruments:\nForeign exchange contracts $ 34,979 $ 39,722 \nOther contracts $ 7,932 $ 10,818 \nThe fair values of outstanding derivative instruments were as follows (in millions):\n As of December 31, 2022 As of December 31, 2023\n Assets(1)Liabilities(2)Assets(1)Liabilities(2)\nDerivatives designated as hedging instruments:\n     Foreign exchange contracts $ 271 $ 556 $ 205 $ 242 \nDerivatives not designated as hedging \ninstruments:\n     Foreign exchange contracts  365  207  134  156 \n     Other contracts  40  47  114  47 \nTotal derivatives not designated as hedging \ninstruments  405  254  248  203 \nTotal $ 676 $ 810 $ 453 $ 445 \n(1) Derivative assets are recorded as other current and non-current assets in the Consolidated Balance Sheets.\n(2) Derivative liabilities are recorded as accrued expenses and other liabilities, current and non-current in the Consolidated \nBalance Sheets.\nThe gains (losses)  on derivatives in cash flow hedging and net investment hedging relationships recognized in \nother comprehensive income (OCI) are summarized below (in millions):\n Year Ended December 31,\n2021 2022 2023\nDerivatives in cash flow hedging relationship:\nForeign exchange contracts\nAmount included in the assessment of effectiveness $ 806 $ 1,699 $ 90 \nAmount excluded from the assessment of \neffectiveness  48  (188)  84 \nDerivatives in net investment hedging relationship:\nForeign exchange contracts\nAmount included in the assessment of effectiveness  754  608  (287)"}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597fed4-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 69, "chroma:document": "Total $ 1,608 $ 2,119 $ (113) Table of Contents Alphabet Inc.\n69."}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597ff10-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 70, "chroma:document": "The table below presents the gains (losses) of our derivatives on the Consolidated Statements of Income: (in \nmillions):\nYear Ended December 31,\n2021 2022 2023\nRevenuesOther \nincome \n(expense), \nnet RevenuesOther \nincome \n(expense), \nnet RevenuesOther \nincome \n(expense), \nnet\nTotal amounts in the Consolidated Statements of \nIncome $ 257,637 $ 12,020 $ 282,836 $ (3,514) $ 307,394 $ 1,424 \nEffect of cash flow hedges:\nForeign exchange contracts\nAmount reclassified from AOCI to income $ 165 $ 0 $ 2,046 $ 0 $ 213 $ 0 \nAmount excluded from the assessment of \neffectiveness (amortized)  (16)  0  (85)  0  24  0 \nEffect of fair value hedges:\nForeign exchange contracts\nHedged items  0  (95)  0  (162)  0  59 \nDerivatives designated as hedging \ninstruments  0  95  0  163  0  (59) \nAmount excluded from the assessment of \neffectiveness  0  8  0  16  0  15 \nEffect of net investment hedges:\nForeign exchange contracts\nAmount excluded from the assessment of \neffectiveness  0  82  0  171  0  187 \nEffect of non designated hedges:\nForeign exchange contracts  0  (860) 0 (395)  0  7 \nOther contracts  0  101  0  144  0  53 \nTotal gains (losses) $ 149 $ (669) $ 1,961 $ (63) $ 237 $ 262 \nOffsetting of Derivatives\nWe enter into master netting arrangements and collateral security arrangements to reduce credit risk. Cash \ncollateral received related to derivative instruments under our collateral security arrangements are included in other \ncurrent assets  with a corresponding liability . Cash and non-cash collateral pledged related to derivative instruments"}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597ff4c-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 70, "chroma:document": "under our collateral security arrangements are included in other current assets .Table of Contents Alphabet Inc.\n70."}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597ff7e-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 71, "chroma:document": "The gross amounts of derivative instruments subject to master netting arrangements with various \ncounterparties, and cash and non-cash collateral received and pledged under such agreements were as follows (in \nmillions):\nAs of December 31, 2022\nGross Amounts Not Offset in \nthe Consolidated Balance \nSheets, but Have Legal Rights \nto Offset\nGross \nAmounts \nRecognizedGross \nAmounts \nOffset in the \nConsolidated \nBalance \nSheetsNet Amounts  \nPresented in \nthe \nConsolidated \nBalance \nSheetsFinancial \nInstruments(1)Cash and \nNon-Cash \nCollateral \nReceived or \nPledged Net Amounts\nDerivatives assets $ 760 $ (84) $ 676 $ (463) $ (132) $ 81 \nDerivatives liabilities $ 894 $ (84) $ 810 $ (463) $ (28) $ 319 \nAs of December 31, 2023\nGross Amounts Not Offset in \nthe Consolidated Balance \nSheets, but Have Legal Rights \nto Offset\nGross \nAmounts\nRecognizedGross \nAmounts \nOffset in the \nConsolidated \nBalance \nSheetsNet Amounts \nPresented in \nthe \nConsolidated \nBalance \nSheetsFinancial \nInstruments(1)Cash and \nNon-Cash \nCollateral \nReceived or \nPledged Net Amounts\nDerivatives assets $ 535 $ (82) $ 453 $ (213) $ (75) $ 165 \nDerivatives liabilities $ 527 $ (82) $ 445 $ (213) $ (16) $ 216 \n(1) The balances as of December 31, 2022 and 2023 were related to derivatives allowed to be net settled in accordance with our \nmaster netting agreements.\nNote 4.        Leases  \nWe have entered into operating lease agreements primarily for data centers, land, and offices throughout the \nworld with lease periods expiring between 2024  and 2063 . \nComponents of operating lease expense were as follows (in millions):\nYear Ended December 31,"}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597ffba-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 71, "chroma:document": "Year Ended December 31,\n2021 2022 2023\nOperating lease cost $ 2,699 $ 2,900 $ 3,362 \nVariable lease cost  726  838  1,182 \nTotal operating lease cost $ 3,425 $ 3,738 $ 4,544 \nSupplemental information related to operating leases was as follows (in millions):\nYear Ended December 31,\n2021 2022 2023\nCash payments for operating leases $ 2,489 $ 2,722 $ 3,173 \nNew operating lease assets obtained in exchange for \noperating lease liabilities $ 2,951 $ 4,383 $ 2,877 Table of Contents Alphabet Inc.\n71."}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a597fff6-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 72, "chroma:document": "As of December 31, 2023 , our operating leases had a weighted average remaining lease term of 8.1 years  and a \nweighted average discount rate of 3.1% . Future lease payments under operating leases as of December 31, 2023  \nwere as follows (in millions):\n2024 $ 3,179 \n2025  2,929 \n2026  2,450 \n2027  1,951 \n2028  1,488 \nThereafter  5,685 \nTotal future lease payments  17,682 \nLess imputed interest  (2,431) \nTotal lease liability balance $ 15,251 \nAs of December 31, 2023 , we have entered into leases that have not yet commenced with short-term and long-\nterm future lease payments of $657 million  and $3.3 billion  that are not yet recorded on our Consolidated Balance \nSheets. These leases will commence between 2024  and 2026  with non-cancelable lease terms betwee n one and 25 \nyears.\nNote 5.        Variable Interest Entities \nConsolidated Variable Interest Entities\nWe consolidate VIEs in which we hold a variable interest and are the primary beneficiary. The results of \noperations and financial position of these VIEs are included in our consolidated financial statements.  \n For certain consolidated VIEs, their assets are not available to us and their creditors do not have recourse to us. \nAs of December 31, 2022  and 2023 , assets that can only be used to settle obligations of these VIEs were $4.1 billion  \nand $4.9 billion , respectively, and the liabilities for which creditors only have recourse to the VIEs were $2.6 billion  and \n$2.5 billion , respectively.  We may continue to fund ongoing operations of certain VIEs that are included within Other \nBets.  \nTotal noncontrolling interests (NCI) in our consolidated subsidiaries were $3.8 billion  and $3.4 billion  as of \nDecember 31, 2022  and 2023 , respectively, of which $1.1 billion  is redeemable noncontrolling interest (RNCI) for both"}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a5980028-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 72, "chroma:document": "periods. NCI and RNCI are included within additional paid-in capital. Net loss attributable to noncontrolling interests \nwas not material for an y period presented and is included within the \"other\" component of OI&E. See Note 7  for further \ndetails on OI&E.\nUnconsolidated Variable Interest Entities\nWe have investments in VIEs in which we are not the primary beneficiary. These VIEs include private companies \nthat are primarily early stage companies and certain renewable energy entities in which activities involve power \ngeneration using renewable sources.\nWe have determined that the governance structures of these entities do not allow us to direct the activities that \nwould significantly affect their economic performance. Therefore, we are not the primary beneficiary, and the results of \noperations and financial position of these VIEs are not included in our consolidated financial statements. We account \nfor these investments primarily as non-marketable equity securities or equity method investments.\nThe maximum exposure of these unconsolidated VIEs is generally based on the current carrying value of the \ninvestments and any future funding commitments. The m aximum exposure  and carrying value of these unconsolidated \nVIEs were $2.8 billion  and $2.7 billion , respectively, as of December 31, 2022  and $5.7 billion  and $4.0 billion , \nrespectively, as of December 31, 2023 . The difference between the maximum exposure and the carrying value relates \nprimarily to future funding commitments.\nNote 6.       Debt  \nShort-Term Debt\nWe have a debt financing program of up to $10.0 billion  through the issuance of commercial paper. Net proceeds \nfrom this program are used for general corporate purposes. We had no commercial paper outstanding as of \nDecember 31, 2022  and 2023 . \nOur short-term debt balance also includes the current portion of certain long-term debt.Table of Contents Alphabet Inc.\n72."}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a5980064-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 73, "chroma:document": "Long-Term Debt\nTotal outstanding debt is summarized below (in millions, except percentages):\nEffective \nInterest RateAs of December 31,\nMaturity Coupon Rate 2022 2023\nDebt\n2014-2020 Notes issuances 2024 - 2060 0.45%  - 3.38% 0.57%  - 3.38% $ 13,000 $ 13,000 \nFuture finance lease payments, net and \nother (1) 2,142  1,746 \n      Total debt  15,142  14,746 \nUnamortized discount and debt \nissuance costs  (143)  (130) \nLess: Current portion of long-term \nnotes(2) 0  (1,000) \nLess: Current portion of future finance \nlease payments, net and other current \ndebt(1)(2) (298)  (363) \n       Total long-term debt $ 14,701 $ 13,253 \n(1)Future finance lease payments are net of imputed interest.\n(2)Total current portion of long-term debt is included within other accrued expenses and current liabilities. See Note 7 for further \ndetails.\nThe notes in the table above are fixed-rate senior unsecured obligations and generally rank equally with each \nother. We may redeem the notes at any time in whole or in part at specified redemption prices. The effective interest \nrates are based on proceeds received with interest payable semi-annually.\nThe total estimated fair value of the outstanding notes was approximately $9.9 billion  and $10.3 billion  as of \nDecember 31, 2022  and December 31, 2023 , respectively. The fair value was determined based on observable market \nprices of identical instruments in less active markets and is categorized accordingly as Level 2 in the fair value \nhierarchy.\nAs of December 31, 2023 , the aggregate future principal payments for long-term debt, including finance lease \nliabilities, for each of the next five years and thereafter were as follows (in millions):\n2024 $ 1,299 \n2025 1,163\n2026 2,165\n2027 1,143\n2028 132\nThereafter 8,960"}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a59800a0-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 73, "chroma:document": "2028 132\nThereafter 8,960\nTotal $ 14,862 \nCredit Facility\nAs of December 31, 2023 , we had $10.0 billion  of revolving credit facilities, of which $4.0 billion  expires in April \n2024  and $6.0 billion  expires in April 2028 . The interest rates for all credit facilities are determined based on a formula \nusing certain market rates, as well as our progress toward the achievement of certain sustainability goals.  No amounts \nwere outstanding under the credit facilities as of December 31, 2022  and 2023 .\nNote 7.        Supplemental Financial Statement Information  \nAccounts Receivable\nThe allowance for credit losses on accounts receivable was $754 million  and $771 million  as of December 31, \n2022  and 2023 , respectively.Table of Contents Alphabet Inc.\n73."}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a59800dc-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 74, "chroma:document": "Property and Equipment, Net\nProperty and equipment, net, consisted of the following (in millions):\nAs of December 31,\n2022 2023\nLand and buildings $ 66,897 $ 74,083 \nInformation technology assets  66,267  80,594 \nConstruction in progress  27,657  35,229 \nLeasehold improvements  10,575  11,425 \nFurniture and fixtures  314  472 \nProperty and equipment, gross  171,710  201,803 \nLess: accumulated depreciation  (59,042)  (67,458) \nProperty and equipment, net $ 112,668 $ 134,345 \nOur technical infrastructure is comprised of information technology assets, including servers and networking \nequipment , and data center land and buildings.\nAccrued Expenses and Other Current Liabilities\nAccrued expenses and other current liabilities consisted of the following (in millions):\nAs of December 31,\n2022 2023\nEuropean Commission fines(1)$ 9,106 $ 9,525 \nAccrued purchases of property and equipment  3,019  4,679 \nAccrued customer liabilities  3,619  4,140 \nCurrent operating lease liabilities  2,477  2,791 \nIncome taxes payable, net  1,632  2,748 \nOther accrued expenses and current liabilities  18,013  22,285 \nAccrued expenses and other current liabilities $ 37,866 $ 46,168 \n(1) While each EC decision is under appeal, the fines are included in accrued expenses and other current liabilities on our \nConsolidated Balance Sheets, as we provided bank guarantees (in lieu of a cash payment) for the fines. Amounts include the \neffects of foreign exchange and interest. Se e Note 10  for further details .Table of Contents Alphabet Inc.\n74."}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a5980122-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 75, "chroma:document": "Accumulated Other Comprehensive Income (Loss)\nComponents of AOCI, net of income tax, were as follows (in millions):\nForeign Currency \nTranslation \nAdjustmentsUnrealized Gains \n(Losses) on \nAvailable-for-Sale \nInvestmentsUnrealized \nGains (Losses) \non Cash Flow \nHedges Total\nBalance as of December 31, 2020 $ (864) $ 1,612 $ (115) $ 633 \nOther comprehensive income (loss) before \nreclassifications  (1,442)  (1,312)  668  (2,086) \nAmounts excluded from the assessment of \nhedge effectiveness recorded in AOCI  0  0  48  48 \nAmounts reclassified from AOCI  0  (64)  (154)  (218) \nOther comprehensive income (loss)  (1,442)  (1,376)  562  (2,256) \nBalance as of December 31, 2021  (2,306)  236  447  (1,623) \nOther comprehensive income (loss) before \nreclassifications  (1,836)  (4,720)  1,463  (5,093) \nAmounts excluded from the assessment of \nhedge effectiveness recorded in AOCI  0  0  (188)  (188) \nAmounts reclassified from AOCI  0  1,007  (1,706)  (699) \nOther comprehensive income (loss)  (1,836)  (3,713)  (431)  (5,980) \nBalance as of December 31, 2022  (4,142)  (3,477)  16  (7,603) \nOther comprehensive income (loss) before \nreclassifications  735  1,344  84  2,163 \nAmounts excluded from the assessment of \nhedge effectiveness recorded in AOCI  0  0  84  84 \nAmounts reclassified from AOCI  0  1,168  (214)  954"}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a5980168-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 75, "chroma:document": "Other comprehensive income (loss)  735  2,512  (46)  3,201 \nBalance as of December 31, 2023 $ (3,407) $ (965) $ (30) $ (4,402) \nThe effects on net income of amounts reclassified from AOCI were as follows (in millions):\nGains (Losses) Reclassified from AOCI to the \nConsolidated Statements of Income\nYear Ended December 31,\n AOCI Components Location 2021 2022 2023\nUnrealized gains (losses) on available-for-sale investments\nOther income (expense), net $ 82 $ (1,291) $ (1,497) \nBenefit (provision) for income \ntaxes  (18)  284  329 \nNet of income tax  64  (1,007)  (1,168) \nUnrealized gains (losses) on cash flow hedges\nForeign exchange contracts Revenue  165  2,046  213 \nInterest rate contracts Other income (expense), net  6  6  6 \nBenefit (provision) for income \ntaxes  (17)  (346)  (5) \nNet of income tax  154  1,706  214 \nTotal amount reclassified, net of income tax $ 218 $ 699 $ (954) Table of Contents Alphabet Inc.\n75."}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a59801ae-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 76, "chroma:document": "Other Income (Expense), Net \nComponents of OI&E  were as follows (in millions): \n Year Ended December 31,\n 2021 2022 2023\nInterest income $ 1,499 $ 2,174 $ 3,865 \nInterest expense(1) (346)  (357)  (308) \nForeign currency exchange gain (loss), net  (240)  (654)  (1,238) \nGain (loss) on debt securities, net  (110)  (2,064)  (1,215) \nGain (loss) on equity securities, net  12,380  (3,455)  392 \nPerformance fees  (1,908)  798  257 \nIncome (loss) and impairment from equity method investments, net  334  (337)  (628) \nOther  411  381  299 \nOther income (expense), net $ 12,020 $ (3,514) $ 1,424 \n(1) Interest expense is net of interest capitalized of $163 million , $128 million , and $181 million  for the years ended December 31, \n2021 , 2022 , and 2023 , respectively.\nNote 8.        Workforce Reduction and Other Initiatives  \nWe have a company-wide effort underway to re-engineer our cost base. As part of this program, in January 2023, \nwe announced a reduction of our workforce. As a result, total employee severance and related charges recorded \nduring the year ended December 31, 2023 wer e $2.1 billion . Substantially all of the employees affected were no longer \nincluded in our headcount as of December 31, 2023.\nIn addition, we are taking actions to optimize our global office space.  As a result, exit charges recorded during the \nyear ended December 31, 2023 , were $1.8 billion  as reflected in the table below. In addition to these exit charges, for \nthe year ended December 31, 2023 , we incurred $269 million  in accelerated rent and accelerated depreciation, which \nare not included in the table below.\nSeverance and office space exit charges are included within our consolidated statements of income as follows (in"}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a59801ea-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 76, "chroma:document": "millions):\nYear Ended December 31, 2023\nSeverance \nand Related (1)Office Space Total\nCost of revenues $ 479 $ 481 $ 960 \nResearch and development 848  870  1,718 \nSales and marketing 497  257  754 \nGeneral and administrative 264  237  501 \nTotal charges $ 2,088 $ 1,845 $ 3,933 \n(1)Severance includes amounts to be settled in cash, accounted for as one-time involuntary employee termination benefits, and \nSBC.\nFor segment reporting, the substantial majority  of these charges are included within Alphabet-level activities in our \nsegment results.\nFor the  year ended December 31, 2023 , changes in liabilities resulting from the severance charges and related \naccruals were as follows (in millions):\nSeverance and \nRelated\nBalance as of December 31, 2022 $ 0 \nCharges(1) 1,656 \nCash payments  (1,579) \nBalance as of December 31, 2023(2)$ 77 \n(1)Excludes non-cash SBC of $432 million .\n(2)Included in accrued compensation and benefits on the Consolidated Balance Sheets.Table of Contents Alphabet Inc.\n76."}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a5980226-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 77, "chroma:document": "Note 9.        Goodwill\nChanges in the carrying amount of goodwill for the years ended December 31, 2022  and 2023  were as follows \n(in millions):\nGoogle \nServices Google Cloud Other Bets Total\nBalance as of December 31, 2021 $ 19,826 $ 2,337 $ 793 $ 22,956 \nAcquisitions  1,176  4,876  119  6,171 \nForeign currency translation and other adjustments  (155)  (8)  (4)  (167) \nBalance as of December 31, 2022  20,847  7,205  908  28,960 \nAcquisitions  240  3  0  243 \nForeign currency translation and other adjustments  31  (9)  (27)  (5) \nBalance as of December 31, 2023 $ 21,118 $ 7,199 $ 881 $ 29,198 \nNote 10.        Commitments and Contingencies  \nCommitments\nWe have content licensing agreements with future fixed or minimum guaranteed commitments of $10.6 billion  as \nof December 31, 2023 , of which the majority is paid over  seven years  ending in the first quarter of 2030.\nIndemnifications\nIn the normal course of business, including to facilitate transactions in our services and products and corporate \nactivities, we indemnify certain parties, including advertisers, Google Network partners, distribution partners, \ncustomers of Google Cloud offerings, lessors,  and service providers with respect to certain matters. We have agreed \nto defend and/or hold certain parties harmless against losses arising from a breach of representations or covenants, or \nout of intellectual property infringement or other claims made against certain parties. Several of these agreements limit \nthe time within which an indemnification claim can be made and the amount of the claim. In addition, we have entered \ninto indemnification agreements with our officers and directors, and our bylaws contain similar indemnification \nobligations to our agents.\nIt is not possible to make a reasonable estimate of the maximum potential amount under these indemnification \nagreements due to the unique facts and circumstances involved in each particular agreement. Additionally, the"}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a5980262-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 77, "chroma:document": "payments we have made under such agreements have not had a material adverse effect on our results of operations, \ncash flows, or financial position. However, to the extent that valid indemnification claims arise in the future, future \npayments by us could be significant and could have a material adverse effect on our results of operations or cash flows \nin a particular period. \nAs of December 31, 2023 , we did not have any material indemnification claims that were probable or reasonably \npossible.\nLegal Matters\nWe record a liability when we believe that it is probable that a loss has been incurred, and the amount can be \nreasonably estimated. If we determine that a loss is reasonably possible and the loss or range of loss can be \nestimated, we disclose the reasonably possible loss. We evaluate developments in our legal matters that could affect \nthe amount of liability that has been previously accrued, and the matters and related reasonably possible losses \ndisclosed, and make adjustments as appropriate.\nCertain outstanding matters seek speculative, substantial or indeterminate monetary amounts, substantial \nchanges to our business practices and products, or structural remedies. Significant judgment is required to determine \nboth the likelihood of there being a loss and the estimated amount of a loss related to such matters, and we may be \nunable to estimate the reasonably possible loss or range of losses. The outcomes of outstanding legal matters are \ninherently unpredictable and subject to significant uncertainties, and could, either individually or in aggregate, have a \nmaterial adverse effect.\nWe expense legal fees in the period in which they are incurred.Table of Contents Alphabet Inc.\n77."}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a598029e-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 78, "chroma:document": "Antitrust Investigations\nOn November 30, 2010, the EC's Directorate General for Competition opened an investigation into various \nantitrust-related complaints against us.\nOn June 27, 2017, the EC announced its decision that certain actions taken by Google regarding its display and \nranking of shopping search results and ads infringed European competition law. The EC decision imposed a \u20ac2.4 \nbillion  ($2.7 billion  as of June 27, 2017 ) fine. On September 11, 2017, we appealed the EC decision to the General \nCourt, and on September 27, 2017, we implemented product changes to bring shopping ads into compliance with the \nEC's decision. We recognized a charge of $2.7 billion  for the fine in the second quarter of 2017. On November 10, \n2021, the General Court rejected our appeal, and we subsequently filed an appeal with the European Court of Justice \non January 20, 2022.\nOn July 18, 2018, the EC announced its decision that certain provisions in Google\u2019s Android-related distribution \nagreements infringed European competition law. The EC decision imposed a \u20ac4.3 billion  ($5.1 billion  as of June 30, \n2018 ) fine and directed the termination of the conduct at issue. On October 9, 2018, we appealed the EC decision, and \non October 29, 2018, we implemented changes to certain of our Android distribution practices. On September 14, \n2022, the General Court reduced the fine from \u20ac4.3 billion  to \u20ac4.1 billion . We subsequently filed an appeal with the \nEuropean Court of Justice. In 2018, we recognized a charge of $5.1 billion  for the fine, which we reduced by \n$217 million  in 2022.\nOn March 20, 2019, the EC announced its decision that certain contractual provisions in agreements that Google \nhad with AdSense for Search partners infringed European competition law. The EC decision imposed a fine of \u20ac1.5 \nbillion  ($1.7 billion  as of March 20, 2019 ) and directed actions related to AdSense for Search partners' agreements,"}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a59802da-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 78, "chroma:document": "which we implemented prior to the decision. On June 4, 2019, we appealed the EC decision. We recognized a charge \nof $1.7 billion  for the fine in the first quarter of 2019.\nFrom time to time we are subject to formal and informal inquiries and investigations on various competition \nmatters by regulatory authorities in the U.S., Europe, and other jurisdictions globally. Examples, for which given their \nnature we cannot estimate a possible loss, include:\n\u2022In August 2019, we began receiving civil investigative demands from the U.S. Department of Justice (DOJ) \nrequesting information and documents relating to our prior antitrust investigations and certain aspects of our \nbusiness. The DOJ and a number of state Attorneys General filed a lawsuit in the U.S. District Court for the \nDistrict of Columbia on October 20, 2020 alleging that Google violated U.S. antitrust laws relating to Search \nand Search advertising. The trial ended on November 16, 2023, and we expect a decision in 2024. Further, in \nJune 2022, the Australian Competition and Consumer Commission (ACCC) and the United Kingdom's \nCompetition and Markets Authority (CMA) each opened an investigation into Search distribution practices.\n\u2022On December 16, 2020, a number of state Attorneys General filed an antitrust complaint in the U.S. District \nCourt for the Eastern District of Texas, alleging that Google violated U.S. antitrust laws as well as state \ndeceptive trade laws relating to its advertising technology , and a trial is scheduled for March 2025.  Additionally, \non January 24, 2023, the DOJ, along with a number of state Attorneys General, filed an antitrust complaint in \nthe U.S. District Court for the Eastern District of Virginia alleging that Google\u2019s digital advertising technology \nproducts violate U.S. antitrust laws, and on April 17, 2023, a number of additional state Attorneys General \njoined the complaint. The EC, the CMA, and the ACCC each opened a formal investigation into Google's \nadvertising technology business practices on June 22, 2021, May 25, 2022, and June 29, 2022, respectively."}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a598030c-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 78, "chroma:document": "On June 14, 2023, the EC issued a Statement of Objections (SO) informing Google of its preliminary view that \nGoogle violated European antitrust laws relating to its advertising technology. We responded to the SO on \nDecember 1, 2023.\n\u2022On July 7, 2021, a number of state Attorneys General filed an antitrust complaint in the U.S. District Court for \nthe Northern District of California, alleging that Google\u2019s operation of Android and Google Pla y violated U.S. \nantitrust laws and state antitrust and consumer protection laws. In September 2023, we reached a settlement \nin principle with 50 state Attorneys General and three territories. The U.S. District Court subsequently vacated \nthe trial date with the states, and any final approval of the settlement is expected to occur in 2024. In May \n2022, the EC and the CMA each opened investigations into Google Play\u2019s business practices. Korean \nregulators are investigating Google Play's billing practices, including a formal review in May 2022 of Google's \ncompliance with the new app store billing regulations. \nWe believe we have strong arguments against these claims and will defend ourselves vigorously . We continue to \ncooperate with federal and state regulators in the U.S., the EC, and other regulators around the world.Table of Contents Alphabet Inc.\n78."}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a5980348-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 79, "chroma:document": "Privacy Matters \nWe are subject to a number of privacy-related laws and regulations, and we currently are party to  a number of \nprivacy investigations and lawsuits ongoing in multiple jurisdictions. For example, there are ongoing investigations and \nlitigation in the U.S. and the EU, including those relating to our collection and use of location information and \nadvertising practices, which could result in significant fines, judgments, and product changes. \nPatent and Intellectual Property Claims\nWe have had patent, copyright, trade secret, and trademark infringement  lawsuits filed against us claiming that \ncertain of our products, services, and technologies infringe others' intellectual property rights. Adverse results in these \nlawsuits may include awards of substantial monetary damages, costly royalty or licensing agreements, or orders \npreventing us from offering certain features, functionalities, products, or services. As a result, we may have to change \nour business practices and develop non-infringing products or technologies, which could result in a loss of revenues for \nus and otherwise harm our business. In addition, the U.S. International Trade Commission (ITC) has increasingly \nbecome an important forum to litigate intellectual property disputes because an ultimate loss in an ITC action can \nresult in a prohibition on importing infringing products into the U.S. Because the U.S. is an important market, a \nprohibition on importation could have an adverse effect on us, including preventing us from importing many important \nproducts into the U.S. or necessitating workarounds that may limit certain features of our products.\nFurthermore, many of our agreements with our customers and partners require us to indemnify them against \ncertain intellectual property infringement claims, which would increase our costs as a result of defending such claims, \nand may require that we pay significant damages if there were an adverse ruling in any such claims. In addition, our \ncustomers and partners may discontinue the use of our products, services, and technologies, as a result of injunctions \nor otherwise, which could result in loss of revenues and adversely affect our business.\nOther\nWe are subject to claims, lawsuits, regulatory and government investigations, other proceedings, and consent \norders involving competition, intellectual property, data security, tax and related compliance, labor and employment, \ncommercial disputes, content generated by our users, goods and services offered by advertisers or publishers using"}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a59803ac-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 79, "chroma:document": "our platforms, personal injury, consumer protection, and other matters.  For example, in December 2023, a California \njury delivered a verdict in  Epic Games v. Google  finding that Google violated antitrust laws related to Google Play's \nbusiness. The pr esiding judge will determine remedies in 2024, and the range of potential remedies vary widely. We \nplan to appeal.  We also periodically have data incidents that we report to relevant regulators as required by law.  \nThese  claims , consent orders, lawsuits, regulatory and government investigations, and other proceedings could \nresult in substantial fines and penalties, injunctive relief, ongoing monitoring and auditing obligations, changes to our \nproducts and services, alterations to our business models and operations, and collateral related civil litigation or other \nadverse consequences,  all of which could harm our business, reputation, financial condition, and operating results.\nWe have ongoing legal matters relating to Russia. For example, civil judgments that include compounding \npenalties have been imposed upon us in connection with disputes regarding the termination of accounts, including \nthose of sanctioned parties. We do not believe these ongoing legal matters will have a material adverse effect .\nNon-Income Taxes\nWe are under audit by various domestic and foreign tax authorities with regards to non-income tax matters. The \nsubject matter of non-income tax audits primarily arises from disputes on the tax treatment and tax rate applied to the \nsale of our products and services in these jurisdictions and the tax treatment of certain employee benefits. We accrue \nnon-income taxes that may result from examinations by, or any negotiated agreements with, these tax authorities when \na loss is probable and reasonably estimable. If we determine that a loss is reasonably possible and the loss or range of \nloss can be estimated, we disclose the reasonably possible loss. Due to the inherent complexity and uncertainty of \nthese matters and judicial process in certain jurisdictions, the final outcome may be materially different from our \nexpectations.\nSee, Note 14  for information regarding income tax contingencies.Table of Contents Alphabet Inc.\n79."}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a59803fc-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 80, "chroma:document": "Note 11.        Stockholders' Equity  \nClass A and Class B Common Stock and Class C Capital Stock\nOur Board of Directors has authorized three  classes of stock, Class A and Class B common stock, and Class C \ncapital stock. The rights of the holders of each class of our common and capital stock are identical, except with respect \nto voting. Each share of Class A common stock is entitled to one vote per share. Each share of Class B common stock \nis entitled to 10 votes per share. Class C capital stock has no voting rights, except as required by applicable law. \nShares of Class B common stock may be converted at any time at the option of the stockholder and automatically \nconvert upon sale or transfer to Class A common stock.\nShare Repurchases\nIn the years ended December 31, 2021 , 2022 , and 2023 , we repurchased  $50.3 billion , $59.3 billion , and \n$62.2 billion , respectively, of Alphabet's Class A and Class C shares.\nIn April 2023, the Board of Directors of Alphabet authorized the company to repurchase up to an additional \n$70.0 billion  of its Class A and Class C shares. As of December 31, 2023 , $36.3 billion  remains available for Class A \nand Class C share repurchases. \nThe following table presents Class A and Class C shares repurchased and subsequently retired (in millions):\nYear Ended December 31, 2022 Year Ended December 31, 2023\nShares Amount Shares Amount\nClass A share repurchases 61$ 6,719 78$ 9,316 \nClass C share repurchases 469  52,577 450  52,868 \nTotal share repurchases(1)530 $ 59,296 528 $ 62,184 \n(1)         Shares repurchased include unsettled repurchases as of December 31, 2023 .\nClass A and Class C shares are repurchased in a manner deemed in the best interest of the company and its \nstockholders, taking into account the economic cost and prevailing market conditions, including the relative trading \nprices and volumes of the Class A and Class C shares. Repurchases are executed from time to time, subject to"}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a598044c-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 80, "chroma:document": "general business and market conditions and other investment opportunities, through open market purchases or \nprivately negotiated transactions, including through Rule 10b5-1 plans. The repurchase program does not have an \nexpiration date.\nNote 12.        Net Income Per Share  \nWe compute net income per share of Class A, Class B, and Class C stock using the two-class method. Basic net \nincome per share is computed using the weighted-average number of shares outstanding during the period. Diluted net \nincome per share is computed using the weighted-average number of shares and the effect of potentially dilutive \nsecurities outstanding during the period. Potentially dilutive securities consist of RSUs and other contingently issuable \nshares. The dilutive effect of outstanding RSUs and other contingently issuable shares is reflected in diluted earnings \nper share by application of the treasury stock method. The computation of the diluted net income per share of Class A \nstock assumes the conversion of Class B stock, while the diluted net income per share of Class B stock does not \nassume the conversion of those shares.\nThe rights, including the liquidation and dividend rights, of the holders of our Class A, Class B, and Class C stock \nare identical, except with respect to voting. Furthermore, there are a number of safeguards built into our certificate of \nincorporation, as well as Delaware law, which preclude our Board of Directors from declaring or paying unequal per \nshare dividends on our Class A, Class B, and Class C stock. Specifically, Delaware law provides that amendments to \nour certificate of incorporation which would have the effect of adversely altering the rights, powers, or preferences of a \ngiven class of stock must be approved by the class of stock adversely affected by the proposed amendment. In \naddition, our certificate of incorporation provides that before any such amendment may be put to a stockholder vote, it \nmust be approved by the unanimous consent of our Board of Directors. As a result, the undistributed earnings for each \nyear are allocated based on the contractual participation rights of the Class A, Class B, and Class C stock as if the \nearnings for the year had been distributed. As the liquidation and dividend rights are identical, the undistributed \nearnings are allocated on a proportionate basis."}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a5980488-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 80, "chroma:document": "earnings are allocated on a proportionate basis. \nIn the years ended December 31, 2021 , 2022 , and 2023 , the net income per share amounts are the same for \nClass A, Class B, and Class C stock because the holders of each class are entitled to equal per share dividends or \ndistributions in liquidation in accordance with the Amended and Restated Certificate of Incorporation of Alphabet Inc.Table of Contents Alphabet Inc.\n80."}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a59804e2-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 81, "chroma:document": "The following table  sets forth the computation of basic and diluted net income per share of Class A, Class B, and \nClass C stock (in millions, except per share amounts):\n Year Ended December 31,\n 2021\n Class A Class B Class C\nBasic net income per share:\nNumerator\nAllocation of undistributed earnings $ 34,200 $ 5,174 $ 36,659 \nDenominator\nNumber of shares used in per share computation  6,006  909  6,438 \nBasic net income per share $ 5.69 $ 5.69 $ 5.69 \nDiluted net income per share:\nNumerator\nAllocation of undistributed earnings for basic computation $ 34,200 $ 5,174 $ 36,659 \nReallocation of undistributed earnings as a result of conversion of Class B to Class A \nshares  5,174  0  0 \nReallocation of undistributed earnings  (581)  (77)  581 \nAllocation of undistributed earnings $ 38,793 $ 5,097 $ 37,240 \nDenominator\nNumber of shares used in basic computation  6,006  909  6,438 \nWeighted-average effect of dilutive securities\nAdd:\nConversion of Class B to Class A shares outstanding  909  0  0 \nRestricted stock units and other contingently issuable shares  0  0  200 \nNumber of shares used in per share computation  6,915  909  6,638 \nDiluted net income per share $ 5.61 $ 5.61 $ 5.61 \n Year Ended December 31,\n 2022\n Class A Class B Class C\nBasic net income per share:\nNumerator\nAllocation of undistributed earnings $ 27,518 $ 4,072 $ 28,382 \nDenominator\nNumber of shares used in per share computation  5,994  887  6,182 \nBasic net income per share $ 4.59 $ 4.59 $ 4.59 \nDiluted net income per share:\nNumerator\nAllocation of undistributed earnings for basic computation $ 27,518 $ 4,072 $ 28,382"}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a5980546-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 81, "chroma:document": "Reallocation of undistributed earnings as a result of conversion of Class B to Class A \nshares  4,072  0  0 \nReallocation of undistributed earnings  (230)  (30)  230 \nAllocation of undistributed earnings $ 31,360 $ 4,042 $ 28,612 \nDenominator\nNumber of shares used in basic computation  5,994  887  6,182 \nWeighted-average effect of dilutive securities\nAdd:\nConversion of Class B to Class A shares outstanding  887  0  0 \nRestricted stock units and other contingently issuable shares  0  0  96 \nNumber of shares used in per share computation  6,881  887  6,278 \nDiluted net income per share $ 4.56 $ 4.56 $ 4.56 Table of Contents Alphabet Inc.\n81."}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a5980604-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 82, "chroma:document": "Year Ended December 31,\n 2023\n Class A Class B Class C\nBasic net income per share:\nNumerator\nAllocation of undistributed earnings $ 34,601 $ 5,124 $ 34,070 \nDenominator\nNumber of shares used in per share computation  5,922  877  5,831 \nBasic net income per share $ 5.84 $ 5.84 $ 5.84 \nDiluted net income per share:\nNumerator\nAllocation of undistributed earnings for basic computation $ 34,601 $ 5,124 $ 34,070 \nReallocation of undistributed earnings as a result of conversion of Class B to Class A \nshares  5,124  0  0 \nReallocation of undistributed earnings  (287)  (37)  287 \nAllocation of undistributed earnings $ 39,438 $ 5,087 $ 34,357 \nDenominator\nNumber of shares used in basic computation  5,922  877  5,831 \nWeighted-average effect of dilutive securities\nAdd:\nConversion of Class B to Class A shares outstanding  877  0  0 \nRestricted stock units and other contingently issuable shares  0  0  92 \nNumber of shares used in per share computation  6,799  877  5,923 \nDiluted net income per share $ 5.80 $ 5.80 $ 5.80 \nNote 13.        Compensation Plans  \nStock Plans\nOur stock plans include the Alphabet Amended and Restated 2021 Stock Plan (\"Alphabet 2021 Stock Plan\") and \nOther Bet s stock-based plans. Under our stock plans, RSUs and other types of awards may be granted. Under the \nAlphabet 2021 Stock Plan, an RSU award is an agreement to issue shares of our Class C stock at the time the award \nvests. RSUs generally vest over four years  contingent upon employment on the vesting date.\nAs of December 31, 2023 , there were 723 million  shares of Class C stock reserved for future issuance under the \nAlphabet 2021 Stock Plan.\nStock-Based Compensation"}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a598069a-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 82, "chroma:document": "Alphabet 2021 Stock Plan.\nStock-Based Compensation\nFor the years ended December 31, 2021 , 2022 , and 2023 , total SBC expense was $15.7 billion , $19.5 billion , and \n$22.1 billion , including amounts associated with awards we expect to settle in Alphabet stock of $15.0 billion , $18.8 \nbillion , and $21.7 billion , respectively.\nDuring the year ended December 31, 2023 , total SBC expense includes $432 million  associated with workforce \nreduction costs. See Note 8  for further details.\nFor the years ended December 31, 2021 , 2022 , and 2023 , we recognized tax benefits on total SBC expense, \nwhich are reflected in the provision for income taxes in the Consolidated Statements of Income, of $3.1 billion , $3.9 \nbillion , and $4.5 billion , respectively.\nFor the years ended December 31, 2021 , 2022 , and 2023 , tax benefit realized related to awards vested or \nexercised during the period was $5.9 billion , $4.7 billion , and $5.6 billion , respectively. These amounts do not include \nthe indirect effects of stock-based awards, which primarily relate to the R&D tax credit.\nStock-Based Award ActivitiesTable of Contents Alphabet Inc.\n82."}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a5980708-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 83, "chroma:document": "The following table summarizes the activities for  unvested Alphabet RSUs  for the year ended December 31, 2023  \n(in millions, except per share amounts):\nUnvested Restricted Stock Units\n     Number of    \nSharesWeighted-\nAverage\nGrant-Date\nFair Value\nUnvested as of December 31, 2022  324 $ 107.98 \nGranted  263 $ 97.59 \nVested  (217) $ 100.36 \nForfeited/canceled  (32) $ 106.56 \nUnvested as of December 31, 2023  338 $ 104.93 \nThe weighted-average grant-date fair value of RSUs granted during the years ended December 31,  2021  and \n2022  was $97.46  and $127.22 , respectively. Total fair value of RSUs, as of their respective vesting dates, during the \nyears ended December 31, 2021 , 2022 , and 2023 , were $28.8 billion , $23.9 billion , and $26.6 billion , respectively.\nAs of December 31, 2023 , there was $33.5 billion  of unrecognized compensation cost related to unvested RSUs. \nThis amount is expected to be recognized over a weighted-average period of 2.5 years . \nNote 14.        Income Taxes  \nIncome from continuing operations before income taxes consisted of the following (in millions):\nYear Ended December 31,\n 2021 2022 2023\nDomestic operations $ 77,016 $ 61,307 $ 73,600 \nForeign operations  13,718  10,021  12,117 \nTotal $ 90,734 $ 71,328 $ 85,717 \nProvision for income taxes consisted of the following (in millions):\nYear Ended December 31,\n 2021 2022 2023\nCurrent:\nFederal and state $ 10,126 $ 17,120 $ 17,125 \nForeign  2,692  2,434  2,526 \nTotal  12,818  19,554  19,651 \nDeferred:"}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a59807a8-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 83, "chroma:document": "Deferred:\nFederal and state  2,018  (8,052)  (7,482) \nForeign  (135)  (146)  (247) \nTotal  1,883  (8,198)  (7,729) \nProvision for income taxes $ 14,701 $ 11,356 $ 11,922 Table of Contents Alphabet Inc.\n83."}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a5980802-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 84, "chroma:document": "The reconciliation of federal statutory income tax rate to our effective income tax rate was as follows:\nYear Ended December 31,\n 2021 2022 2023\nU.S. federal statutory tax rate  21.0 %  21.0 %  21.0 %\nForeign income taxed at different rates  0.2  3.0  0.3 \nForeign-derived intangible income deduction  (2.5)  (5.4)  (4.6) \nStock-based compensation expense  (2.5)  (1.2)  (0.8) \nFederal research credit  (1.6)  (2.2)  (1.8) \nDeferred tax asset valuation allowance  0.6  0.9  0.6 \nState and local income taxes  1.0  0.8  1.0 \nEffect of tax law change  0.0  0.0  (1.4) \nOther  0.0  (1.0)  (0.4) \nEffective tax rate  16.2 %  15.9 %  13.9 %\nIn 2022, there was an increase in the U.S. Foreign Derived Intangible Income tax deduction from the effects of \ncapitalization and amortization of R&D expenses starting in 2022 as required by the 2017 Tax Cuts and Jobs Act.\nIn 2023, the  IRS issued a rule change allowing taxpayers to temporarily apply the regulations in effect prior to \n2022 related to U.S. federal foreign tax credits as well as a separate rule change with interim guidance on the \ncapitalization and amortization of R&D expenses. A cumulative one-time adjustment applicable to the prior period for \nthese tax rule changes was recorded in 2023.\nDeferred Income Taxes\nDeferred income taxes reflect the net effects of temporary differences between the carrying amounts of assets \nand liabilities for financial reporting purposes and the amounts used for income tax purposes. Significant components \nof our deferred tax assets and liabilities were as follows (in millions):\nAs of December 31,\n2022 2023\nDeferred tax assets:\nAccrued employee benefits $ 955 $ 1,855"}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a598083e-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 84, "chroma:document": "Accrued employee benefits $ 955 $ 1,855 \nAccruals and reserves not currently deductible  1,956  2,481 \nTax credits  6,002  6,609 \nNet operating losses  2,557  2,965 \nOperating leases  2,711  3,526 \nCapitalized research and development(1) 10,381  17,757 \nOther  2,289  1,951 \nTotal deferred tax assets  26,851  37,144 \nValuation allowance  (9,553)  (10,999) \nTotal deferred tax assets net of valuation allowance  17,298  26,145 \nDeferred tax liabilities:\nProperty and equipment, net  (6,607)  (8,189) \nNet investment gains  (2,361)  (2,405) \nOperating leases  (2,491)  (2,965) \nOther  (1,092)  (902) \nTotal deferred tax liabilities  (12,551)  (14,461) \nNet deferred tax assets (liabilities) $ 4,747 $ 11,684 \n(1)As required by the 2017 Tax Cuts and Jobs Act, effective January 1, 2022, our research and development expenditures were \ncapitalized and amortized which resulted in substantially higher cash taxes starting in 2022 with an equal amount of deferred \ntax benefit.  \nAs of December 31, 2023 , our federal, state, and foreign net operating loss carryforwards for income tax \npurposes were approximately $7.1 billion , $18.6 billion , and $1.8 billion  respectively. If not utilized, the federal net Table of Contents Alphabet Inc.\n84."}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a598087a-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 85, "chroma:document": "operating loss carryforwards will begin to expire in 202 4, foreign net operating loss carryforwards will begin to expire in \n2025 and the state net operating loss carryforwards will begin to expire in 2029. It is more likely than not that the \nmajority of the net operating loss carryforwards will not be realized; therefore, we have recorded a valuation allowance \nagainst them. The net operating loss carryforwards are subject to various annual limitations under the tax laws of the \ndifferent jurisdictions.\nAs of December 31, 2023 , our Federal and California research and development credit carryforwards for income \ntax purposes were approximately $600 million  and $6.3 billion , respectively. If not utilized, the Federal R&D credit will \nbegin to expire in 2037 and the California R&D credit can be carried over indefinitely. We believe the majority of the \nfederal tax credit and state tax credit is not likely to be realized.\nAs of December 31, 2023 , our investment tax credit carryforwards for state income tax purposes were \napproximately $1.0 billion  and will begin to expire in 2029. We use the flow-through method of accounting for \ninvestment tax credits. We believe this tax credit is not likely to be realized.\nAs of December 31, 2023 , we maintained a valuation allowance with respect to California deferred tax assets, \ncertain federal net operating losses, certain state net operating losses and tax credits, net deferred tax assets relating \nto Other Bet companies, and certain foreign net operating losses that we believe are not likely to be realized. We \ncontinue to reassess the remaining valuation allowance quarterly, and if future evidence allows for a partial or full \nrelease of the valuation allowance, a tax benefit will be recorded accordingly. \nUncertain Tax Positions\nThe following table summarizes the activity related to our gross unrecognized tax benefits (in millions):\n 2021 2022 2023\nBeginning gross unrecognized tax benefits $ 3,837 $ 5,158 $ 7,055 \nIncreases related to prior year tax positions  529  253  740 \nDecreases related to prior year tax positions  (263)  (437)  (682) \nDecreases related to settlement with tax authorities  (329)  (140)  (21)"}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a59808b6-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 85, "chroma:document": "Increases related to current year tax positions  1,384  2,221  2,346 \nEnding gross unrecognized tax benefits $ 5,158 $ 7,055 $ 9,438 Year Ended December 31,\nWe are subject to income taxes in the U.S. and foreign jurisdictions. Significant judgment is required in evaluating \nour uncertain tax positions and determining our provision for income taxes. The total amount of gross unrecognized tax \nbenefits was $5.2 billion , $7.1 billion , and $9.4 billion  as of December 31, 2021 , 2022 , and 2023 , respectively, of which \n$3.7 billion , $5.3 billion , and $7.4 billion , if recognized, would affect our effective tax rate, respectively. \nAs of December 31, 2022  and 2023 , we accrued $346 million  and $622 million  in interest and penalties in \nprovision for income taxes, respectively.\nWe file income tax returns in the U.S. federal jurisdiction and in many state and foreign jurisdictions. Our two \nmajor tax jurisdictions are the U.S. federal and Ireland. We are subject to the continuous examination of our income tax \nreturns by the IRS and other tax authorities. The IRS is currently examining our 2016 through 2021 tax returns. We \nhave also received tax assessments in multiple foreign jurisdictions asserting transfer pricing adjustments or \npermanent establishment. We continue to defend such claims as presented.\nThe tax years 2016 through 2022 remain subject to examination by the appropriate governmental agencies for \nIrish tax purposes. There are other ongoing audits in various other jurisdictions that are not material to our financial \nstatements.\nWe regularly assess the likelihood of adverse outcomes resulting from these examinations to determine the \nadequacy of our provision for income taxes. We continue to monitor the progress of ongoing discussions with tax \nauthorities and the effect, if any, of the expected expiration of the statute of limitations in various taxing jurisdictions.\nWe believe that an adequate provision has been made for any adjustments that may result from tax examinations. \nHowever, the outcome of tax audits cannot be predicted with certainty. If any issues addressed in our tax audits are \nresolved in a manner not consistent with management's expectations, we could be required to adjust our provision for"}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a5980906-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 85, "chroma:document": "income taxes in the period such resolutions occur. Although the timing of resolution, settlement, and closure of audits is \nnot certain, it is reasonably possible that our unrecognized tax benefits from certain U.S. federal, state, and non U.S. \ntax positions could decrease by approximately $700 million  in the next 12 months. Positions that may be resolved \ninclude various U.S. and non-U.S. matters.Table of Contents Alphabet Inc.\n85."}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a5980942-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 86, "chroma:document": "Note 15.        Information about Segments and Geographic Areas  \nWe report our segment results as Google Services, Google Cloud, and Other Bets:\n\u2022Google Services includes products and services such as ads, Android, Chrome, devices, Google Maps, \nGoogle Play, Search, and YouTube. Google Services generates revenues primarily from advertising;  fees \nreceived for consumer subscription-based products such as YouTube TV,  YouTube Music and Premium , and \nNFL Sunday Ticket; the sale of apps and in-app purchases and devices.\n\u2022Google Cloud includes infrastructure and platform services, collaboration tools, and other services for \nenterprise customers. Google Cloud generates revenues primarily from consumption-based fees and \nsubscriptions received for Google Cloud Platform services, Google Workspace communication and \ncollaboration tools, and other enterprise services.\n\u2022Other Bets is a combination of multiple operating segments that are not individually material. Revenues from \nOther Bets are generated primarily from the sale of health care-related services and internet services.\nRevenues, certain costs, such as costs associated with content and traffic acquisition, certain engineering \nactivities, and devices, as well as certain operating expenses are directly attributable to our segments. Due to the \nintegrated nature of Alphabet, other costs and expenses, such as technical infrastructure and office facilities, are \nmanaged centrally at a consolidated level. These costs, including the associated depreciation and impairment, are \nallocated to operating segments as a service cost generally based on usage, headcount, or revenue.\nReflecting DeepMind's increasing collaboration with Google Services, Google Cloud, and Other Bets, beginning in \nthe first quarter of 2023 DeepMind is reported as part of Alphabet-level activities instead of within Other Bets. \nAdditionally, beginning in the first quarter of 2023, we updated and simplified our cost allocation methodologies to \nprovide our business leaders with increased transparency for decision-making. Prior periods have been recast to \nconform to the current presentation.\nAs announced on April 20, 2023, we brought together part of Google Research (the Brain team) and DeepMind to \nsignificantly accelerate our progress in artificial intelligence (AI). The group, called Google DeepMind, is reported within \nAlphabet-level activities prospectively beginning in the second quarter of 2023. Previously, the Brain team was \nincluded within Google Services."}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a598097e-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 86, "chroma:document": "included within Google Services.\nCertain costs are not allocated to our segments because they represent Alphabet-level activitie s. These costs \nprimarily include AI-focused shared  R&D activities, including development costs of our general AI models ; corporate \ninitiatives such as our philanthropic activities; corporate shared costs such as certain finance, human resource, and \nlegal costs, including certain fines and settlements. Charges associated with reductions in our workforce and office \nspace during 2023 were not allocated to our segments. Additionally, hedging gains (losses) related to revenue are not \nallocated to our segments.\nOur operating segments are not evaluated using asset information.\nThe following table presents information about our segments (in millions) :\nYear Ended December 31,\n2021 2022 2023\nRevenues:\nGoogle Services $ 237,529 $ 253,528 $ 272,543 \nGoogle Cloud  19,206  26,280  33,088 \nOther Bets  753  1,068  1,527 \nHedging gains (losses)  149  1,960  236 \nTotal revenues $ 257,637 $ 282,836 $ 307,394 \nOperating income (loss):\nGoogle Services $ 88,132 $ 82,699 $ 95,858 \nGoogle Cloud  (2,282)  (1,922)  1,716 \nOther Bets  (4,051)  (4,636)  (4,095) \nAlphabet-level activities  (3,085)  (1,299)  (9,186) \nTotal income from operations $ 78,714 $ 74,842 $ 84,293 \nSee Note 2  for information relating to revenues by geography.Table of Contents Alphabet Inc.\n86."}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a59809ba-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 87, "chroma:document": "The following table presents long-lived assets by geographic area, which includes property and equipment, net \nand operating lease assets (in millions):\nAs of December 31,\n 2022 2023\nLong-lived assets:\nUnited States $ 93,565 $ 110,053 \nInternational  33,484  38,383 \nTotal long-lived assets $ 127,049 $ 148,436 Table of Contents Alphabet Inc.\n87."}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a5980a50-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 88, "chroma:document": "ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL \nDISCLOSURE\nNone.\nITEM 9A. CONTROLS AND PROCEDURES\nEvaluation of Disclosure Controls and Procedures\nOur management, with the participation of our chief executive officer and chief financial officer, evaluated the \neffectiveness of our disclosure controls and procedures pursuant to Rule 13a-15 under the Exchange Act, as of the \nend of the period covered by this Annual Report on Form 10-K.\nBased on this evaluation, our chief executive officer and chief financial officer concluded that, as of December 31, \n2023 , our disclosure controls and procedures are designed at a reasonable assurance level and are effective to \nprovide reasonable assurance that information we are required to disclose in reports that we file or submit under the \nExchange Act is recorded, processed, summarized, and reported within the time periods specified in the SEC\u2019s rules \nand forms, and that such information is accumulated and communicated to our management, including our chief \nexecutive officer and chief financial officer, as appropriate, to allow timely decisions regarding required disclosure.\nChanges in Internal Control over Financial Reporting\nThere have been no changes in our internal control over financial reporting that occurred during the quarter \nended December 31, 2023  that have materially affected, or are reasonably likely to materially affect, our internal \ncontrol over financial reporting. \nManagement\u2019s Report on Internal Control over Financial Reporting\nOur management is responsible for establishing and maintaining adequate internal control over financial \nreporting, as defined in Rule 13a-15(f) of the Exchange Act. Our management conducted an evaluation of the \neffectiveness of our internal control over financial reporting based on the framework in Internal Control\u2014Integrated \nFramework  issued by the Committee of Sponsoring Organizations of the Treadway Commission (2013 framework). \nBased on this evaluation, management concluded that our internal control over financial reporting was effective as of \nDecember 31, 2023 . Management reviewed the results of its assessment with our Audit and Compliance Committee. \nThe effectiveness of our internal control over financial reporting as of December 31, 2023  has been audited by Ernst & \nYoung LLP , an independent registered public accounting firm, as stated in its report which is included in Item 8 of this \nAnnual Report on Form 10-K."}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a5980b72-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 88, "chroma:document": "Annual Report on Form 10-K.\nLimitations on Effectiveness of Controls and Procedures\nIn designing and evaluating the disclosure controls and procedures, management recognizes that any controls \nand procedures, no matter how well designed and operated, can provide only reasonable assurance of achieving the \ndesired control objectives. In addition, the design of disclosure controls and procedures must reflect the fact that there \nare resource constraints and that management is required to apply its judgment in evaluating the benefits of possible \ncontrols and procedures relative to their costs.Table of Contents Alphabet Inc.\n88."}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a5980be0-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 89, "chroma:document": "ITEM 9B. OTHER INFORMATION\n10b5-1 Trading Plans\nDuring the fiscal quarter ended December 31, 2023 , the following Section 16 officer and directors adopted, \nmodified or terminated  a \u201cRule 10b5-1 trading arrangement\u201d (as defined in Item 408 of Regulation S-K of the Exchange \nAct):\n\u2022John Hennessy , Chair of t he Board of Directors , through the John L. Hennessy & Andrea J. Hennessy \nRevocable Trust, adopted  a new trading plan on November 1, 2023  (with the first trade under the new plan \nscheduled for February 12, 2024). The trading plan will be effective until March 12, 2025 to sell 6,664  shares of \nClass C Capital Stock and 11,336  shares of Class A Common Stock.\n\u2022Ann Mather , former member of the Board of Directors , terminated  her trading plan on October 30, 2023 , \neffective with her resignation from the Board of Directors. The trading plan previously permitted the sale of \n12,580  shares of Class C Capital Stock and would have been effective until June 2, 2024.\n\u2022Ruth M. Porat , President and Chief Investment Officer; Chief Financial Officer , adopted  a new trading plan on \nNovember 30, 2023  (with the first trade under the new plan scheduled for March 8, 2024). The trading plan will \nbe effective until March 8, 2025 to sell all of the (net) shares of up to 82,900  (gross) Class C Capital Stock \nissued upon the vesting of her Alphabet 2021 Performance Stock Units, as adjusted based on performance \n(net shares are net of tax withholding).\nThere were no \u201cnon-Rule 10b5-1 trading arrangements\u201d (as defined in Item 408 of Regulation S-K of the \nExchange Act) adopted, modified or terminated  during the fiscal quarter ended December 31, 2023 by our directors \nand Section 16 officers. Each of the Rule 10b5-1 trading arrangements are in accordance with our Policy Against \nInsider Trading and actual sale transactions made pursuant to such trading arrangements will be disclosed publicly in"}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a5980c9e-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 89, "chroma:document": "Section 16 filings with the SEC in accordance with applicable securities laws, rules and regulations.\nRequired Disclosure Pursuant to Section 13(r) of the Exchange Act\nAs previously disclosed, Google LLC, a subsidiary of Alphabet, filed notifications with the Russian Federal \nSecurity Service pursuant to Russian encryption control requirements, which must be complied with prior to the import \nof covered items. The information provided pursuant to Section 13(r) of the Exchange Act in Part II, Item 5 of our \nQuarterly Report on Form 10-Q for the quarter ended September 30, 2023 is incorporated herein by reference.\nITEM 9C.  DISCLOSURE REGARDING FOREIGN JURISDICTIONS THAT PREVENT INSPECTIONS\nNot applicable.Table of Contents Alphabet Inc.\n89."}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a5980d2a-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 90, "chroma:document": "PART III\nITEM 10. DIRECTORS, EXECUTIVE OFFICERS, AND CORPORATE GOVERNANCE\nThe information required by this item will be included under the caption \u201cDirectors, Executive Officers, and \nCorporate Governance\u201d in our Proxy Statement for the 2024  Annual Meeting of Stockholders to be filed with the SEC \nwithin 120 days of the fiscal year ended December 31, 2023  (2024  Proxy Statement) and is incorporated herein by \nreference. The information required by this item regarding delinquent filers pursuant to Item 405 of Regulation S-K will \nbe included under the caption \u201cDelinquent Section 16(a) Reports\u201d in the 2024  Proxy Statement and is incorporated \nherein by reference.\nITEM 11. EXECUTIVE COMPENSATION\nThe information required by this item will be included under the captions \u201cDirector Compensation,\u201d \u201cExecutive \nCompensation\u201d and \u201cDirectors, Executive Officers, and Corporate Governance\u2014Corporate Governance and Board \nMatters\u2014Compensation Committee Interlocks and Insider Participation\u201d in the 2024  Proxy Statement and is \nincorporated herein by reference , except as to information disclosed therein pursuant to Item 402(v) of Regulation S-K \nrelating to pay versus performance .\nITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED \nSTOCKHOLDER MATTERS\nThe information required by this item will be included under the captions \u201cCommon Stock Ownership of Certain \nBeneficial Owners and Management\u201d and \u201cEquity Compensation Plan Information\u201d in the 2024  Proxy Statement and is \nincorporated herein by reference.\nITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE\nThe information required by this item will be included under the captions \u201cCertain Relationships and Related \nTransactions\u201d and \u201cDirectors, Executive Officers, and Corporate Governance\u2014Corporate Governance and Board \nMatters\u2014Director Independence\u201d in the 2024  Proxy Statement and is incorporated herein by reference.\nITEM 14. PRINCIPAL ACCOUNTANT FEES AND SERVICES\nThe information required by this item will be included under the caption \u201cIndependent Registered Public \nAccounting Firm\u201d in the 2024  Proxy Statement and is incorporated herein by reference.Table of Contents Alphabet Inc.\n90."}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a5980dc0-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 91, "chroma:document": "PART IV\nITEM 15. EXHIBITS, FINANCIAL STATEMENT SCHEDULES\nWe have filed the following documents as part of this Annual Report on Form 10-K:\n1. Consolidated Financial Statements\nReports of Independent Registered Public Accounting Firm 48\nFinancial Statements:\nConsolidated Balance Sheets 51\nConsolidated Statements of Income 52\nConsolidated Statements of Comprehensive Income 53\nConsolidated Statements of Stockholders\u2019 Equity 54\nConsolidated Statements of Cash Flows 55\nNotes to Consolidated Financial Statements 56\n2. Financial Statement Schedules\nSchedule II: Valuation and Qualifying Accounts\nThe table below details the activity of the allowance for credit losses and sales credits for the years ended \nDecember 31, 2021 , 2022 , and 2023  (in millions):\nBalance at\nBeginning of Year Additions UsageBalance at\nEnd of Year\nYear ended December 31, 2021 $ 1,344 $ 2,092 $ (2,047) $ 1,389 \nYear ended December 31, 2022 $ 1,389 $ 2,125 $ (2,301) $ 1,213 \nYear ended December 31, 2023 $ 1,213 $ 3,115 $ (2,737) $ 1,591 \nNote: Additions to the allowance for credit losses are charged to expense. Additions to the allowance for sales credits are charged against \nrevenues.\nAll other schedules have been omitted because they are not required, not applicable, or the required information \nis otherwise included.\n3. Exhibits\n2.01 Agreement and Plan of Merger, dated \nOctober 2, 2015, by and among Google Inc., \nthe Registrant and Maple Technologies Inc.Current Report on Form 8-K \n(File No. 001-37580) October 2, 2015\n3.01 Amended and Restated Certificate of \nIncorporation of the RegistrantCurrent Report on Form 8-K \n(File No. 001-37580) June 3, 2022\n3.02 Amended and Restated Bylaws of the \nRegistrant, dated October 19, 2022Current Report on Form 8-K"}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a5980e42-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 91, "chroma:document": "(File No. 001-37580)October 25, 2022\n4.01 Specimen Class A Common Stock certificate Current Report on Form 8-K \n(File No. 001-37580)October 2, 2015\n4.02 Specimen Class C Capital Stock certificate Current Report on Form 8-K \n(File No. 001-37580)October 2, 2015\n4.03 Alphabet Inc. Deferred Compensation Plan Current Report on Form 8-K \n(File No. 001-37580)October 2, 2015\n4.04 Transfer Restriction Agreement, dated \nOctober 2, 2015, between the Registrant and \nLarry Page and certain of his affiliates Current Report on Form 8-K \n(File No. 001-37580)October 2, 2015\n4.05 Transfer Restriction Agreement, dated \nOctober 2, 2015, between the Registrant and \nSergey Brin and certain of his affiliates Current Report on Form 8-K \n(File No. 001-37580)October 2, 2015\n4.06 Joinder Agreement, dated December 31, \n2021, among the Registrant, Sergey Brin and \ncertain of his affiliates  Annual Report on Form 10-K \n(File No. 001-37580)February 2, 2022Exhibit\nNumber DescriptionIncorporated by reference herein\nForm DateTable of Contents Alphabet Inc.\n91."}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a5980e7e-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 92, "chroma:document": "4.07 Transfer Restriction Agreement, dated \nOctober 2, 2015, between the Registrant and \nEric E. Schmidt and certain of its affiliatesCurrent Report on Form 8-K \n(File No. 001-37580)October 2, 2015\n4.08 Class C Undertaking, dated October 2, 2015, \nexecuted by the RegistrantCurrent Report on Form 8-K \n(File No. 001-37580)October 2, 2015\n4.09 Indenture, dated February 12, 2016, between \nthe Registrant and The Bank of New York \nMellon Trust Company, N.A., as TrusteeRegistration Statement on \nForm S-3 \n(File No. 333-209510)February 12, 2016\n4.10 Registrant Registration Rights Agreement \ndated December 14, 2015Registration Statement on \nForm S-3 \n(File No. 333-209518)February 12, 2016\n4.11 First Supplemental Indenture, dated April 27, \n2016, between the Registrant and The Bank \nof New York Mellon Trust Company, N.A., as \ntrusteeCurrent Report on Form 8-K\n(File No. 001-37580)April 27, 2016\n4.12 Form of the Registrant\u2019s 3.375% Notes due \n2024 (included in Exhibit 4.11)\n4.13 Form of the Registrant\u2019s 1.998% Note due \n2026Current Report on Form 8-K \n(File No. 001-37580)August 9, 2016\n4.14 Form of Global Note representing the \nRegistrant\u2019s 0.450% notes due 2025Current Report on Form 8-K \n(File No. 001-37580)August 5, 2020\n4.15 Form of Global Note representing the \nRegistrant\u2019s 0.800% notes due 2027Current Report on Form 8-K \n(File No. 001-37580)August 5, 2020\n4.16 Form of Global Note representing the \nRegistrant\u2019s 1.100% notes due 2030Current Report on Form 8-K"}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a5980eb0-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 92, "chroma:document": "(File No. 001-37580)August 5, 2020\n4.17 Form of Global Note representing the \nRegistrant\u2019s 1.900% notes due 2040Current Report on Form 8-K \n(File No. 001-37580)August 5, 2020\n4.18 Form of Global Note representing the \nRegistrant\u2019s 2.050% notes due 2050Current Report on Form 8-K \n(File No. 001-37580)August 5, 2020\n4.19 Form of Global Note representing the \nRegistrant\u2019s 2.250% notes due 2060Current Report on Form 8-K \n(File No. 001-37580)August 5, 2020\n4.20 Description of Registrant\u2019s Securities Annual Report on Form 10-K \n(File No. 001-37580)February 3, 2023\n10.01 u Form of Indemnification Agreement entered \ninto between the Registrant, its affiliates and \nits directors and officers Current Report on Form 8-K \n(File No. 001-37580)October 2, 2015\n10.02 u*Form of Offer Letter for Directors\n10.03 u Offer Letter, dated March 20, 2015, between \nRuth Porat and Google Inc., as assumed by \nthe Registrant on October 2, 2015Current Report on Form 8-K \n(File No. 001-36380)March 26, 2015\n10.04 u Compensation Plan Agreement, dated \nOctober 2, 2015, between Google Inc. and \nthe RegistrantCurrent Report on Form 8-K \n(File No. 001-37580)October 2, 2015\n10.05 u Director Arrangements Agreement, dated \nOctober 2, 2015, between Google Inc. and \nthe RegistrantCurrent Report on Form 8-K \n(File No. 001-37580)October 2, 2015\n10.06 u Alphabet Inc. Deferred Compensation Plan Current Report on Form 8-K \n(File No. 001-37580)October 2, 2015\n10.07 u Alphabet Inc. Amended and Restated 2012"}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a5980ee2-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 92, "chroma:document": "Stock PlanCurrent Report on Form 8-K\n(File No. 001-37580)June 5, 2020\n10.07.1 u Alphabet Inc. Amended and Restated 2012 \nStock Plan - Form of Alphabet Restricted \nStock Unit AgreementAnnual Report on Form 10-K\n(File No. 001-37580)February 4, 2020\n10.07.2 u Alphabet Inc. 2012 Stock Plan - Form of \nAlphabet Restricted Stock Unit AgreementQuarterly Report on Form 10-\nQ  (File No. 001-37580)November 3, \n2016Exhibit\nNumber DescriptionIncorporated by reference herein\nForm DateTable of Contents Alphabet Inc.\n92."}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a5980f28-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 93, "chroma:document": "10.08 u Alphabet Inc. Amended and Restated 2021 \nStock PlanCurrent Report on Form 8-K \n(file No. 001-37580)June 3, 2022\n10.08.1 u Alphabet Inc. Amended and Restated 2021 \nStock Plan - Form of Alphabet Restricted \nStock Unit AgreementQuarterly Report on Form 10-\nQ (file No. 001-37580)July 28, 2021\n10.08.2 u Alphabet Inc. Amended and Restated 2021 \nStock Plan - Form of Alphabet Restricted \nStock Unit AgreementQuarterly Report on Form 10-\nQ (File No. 001-37580)July 26, 2023\n10.08.3 u Alphabet Inc. Amended and Restated 2021 \nStock Plan - Form of Alphabet 2022 CEO \nPerformance Stock Unit AgreementAnnual Report on Form 10-K \n(File No. 001-37580) February 3, 2023\n10.08.4 u Alphabet Inc. Amended and Restated 2021 \nStock Plan - Form of Alphabet 2022 Non-\nCEO Performance Stock Unit AgreementAnnual Report on Form 10-K\n(File No. 001-37580)February 4, 2020\n10.08.5 u Alphabet Inc. Amended and Restated 2021 \nStock Plan - Form of Alphabet 2023 Non-\nCEO Performance Stock Unit AgreementQuarterly Report on Form 10-\nQ (File No. 001-37580)July 26, 2023\n10.09 u Alphabet Inc. Company Bonus Plan, as \namendedAnnual Report on Form 10-K\n(File No. 001-37350)February 2, 2023\n21.01 * Subsidiaries of the Registrant\n23.01 * Consent of Independent Registered Public \nAccounting Firm\n24.01 * Power of Attorney (incorporated by reference \nto the signature page of this Annual Report \non Form 10-K)\n31.01 * Certification of Chief Executive Officer \npursuant to Exchange Act Rules 13a-14(a) \nand 15d-14(a), as adopted pursuant to \nSection 302 of the Sarbanes-Oxley Act of \n2002"}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a5980f78-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 93, "chroma:document": "2002\n31.02 * Certification of Chief Financial Officer \npursuant to Exchange Act Rules 13a-14(a) \nand 15d-14(a), as adopted pursuant to \nSection 302 of the Sarbanes-Oxley Act of \n2002\n32.01 \u2021 Certifications of Chief Executive Officer and \nChief Financial Officer pursuant to 18 U.S.C. \nSection 1350, as adopted pursuant to \nSection 906 of the Sarbanes-Oxley Act of \n2002\n97.01 * Clawback Policy\n101.INS * Inline XBRL Instance Document - the \ninstance document does not appear in the \nInteractive Data File because its XBRL tags \nare embedded within the Inline XBRL \ndocument\n101.SCH * Inline XBRL Taxonomy Extension Schema \nDocument\n101.CAL * Inline XBRL Taxonomy Extension Calculation \nLinkbase Document\n101.DEF * Inline XBRL Taxonomy Extension Definition \nLinkbase Document\n101.LAB * Inline XBRL Taxonomy Extension Label \nLinkbase DocumentExhibit\nNumber DescriptionIncorporated by reference herein\nForm DateTable of Contents Alphabet Inc.\n93."}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a5980fc8-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 94, "chroma:document": "101.PRE * Inline XBRL Taxonomy Extension \nPresentation Linkbase Document\n104 Cover Page Interactive Data File (embedded \nwithin the Inline XBRL document and \ncontained in Exhibit 101)Exhibit\nNumber DescriptionIncorporated by reference herein\nForm Date\n_________________\nu Indicates management compensatory plan, contract, or arrangement.\n* Filed herewith.\n\u2021 Furnished herewith.\nITEM 16. FORM 10-K SUMMARY\nNone.Table of Contents Alphabet Inc.\n94."}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a5981068-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 95, "chroma:document": "SIGNATURES\nPursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the Registrant has \nduly caused this Annual Report on Form 10-K to be signed on its behalf by the undersigned, thereunto duly authorized.\nDate: January 30, 2024  \n ALPHABET INC.\nBy: /S/    S UNDAR  PICHAI        \nSundar Pichai\nChief Executive Officer\n(Principal Executive Officer of the Registrant)\nPOWER OF ATTORNEY\nKNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below constitutes \nand appoints Sundar Pichai and Ruth M. Porat, jointly and severally, his or her attorney-in-fact, with the power of \nsubstitution, for him or her in any and all capacities, to sign any amendments to this Annual Report on Form 10-K and \nto file the same, with exhibits thereto and other documents in connection therewith, with the Securities and Exchange \nCommission, hereby ratifying and confirming all that each of said attorneys-in-fact, or his or her substitute or \nsubstitutes, may do or cause to be done by virtue hereof.\nPursuant to the requirements of the Securities Exchange Act of 1934, this Annual Report on Form 10-K has been \nsigned below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.\n \n Table of Contents Alphabet Inc.\n95."}


created_at: 2024-10-19 14:13:57
topic: persistent://default/default/b5b842f2-6136-475f-94fe-426fafdbc529
id: a59810ea-8e1f-11ef-b504-acde48001122
encoding: FLOAT32
metadata:
{"source": "dataset/google-10-k-2023.pdf", "page": 96, "chroma:document": "Signature Title Date\n/S/    S UNDAR  PICHAIChief Executive Officer and Director (Principal \nExecutive Officer) January 30, 2024\nSundar Pichai\n/S/    R UTH M. P ORAT        President and Chief Investment Officer; Chief \nFinancial Officer (Principal Financial Officer) January 30, 2024\nRuth M. Porat\n/S/    A MIE THUENER  O'T OOLE        Vice President, Corporate Controller and \nPrincipal Accounting Officer January 30, 2024\nAmie Thuener O'Toole\n/S/    F RANCES H. A RNOLD        Director January 30, 2024\nFrances H. Arnold\n/S/    S ERGEY  BRIN        Co-Founder and Director January 30, 2024\nSergey Brin\n/S/   R. M ARTIN  CHAVEZ       Director January 30, 2024\nR. Martin Ch\u00e1vez\n/S/    L. J OHN DOERR        Director January 30, 2024\nL. John Doerr\n/S/    R OGER  W. F ERGUSON JR.       Director January 30, 2024\nRoger W. Ferguson Jr.\n/S/    J OHN L. H ENNESSY         Director, Chair January 30, 2024\nJohn L. Hennessy\n/S/    L ARRY  PAGE        Co-Founder and Director January 30, 2024\nLarry Page\n/S/    K. R AM SHRIRAM       Director January 30, 2024\nK. Ram Shriram\n/S/    R OBIN L. W ASHINGTON       Director January 30, 2024\nRobin L. WashingtonTable of Contents Alphabet Inc.\n96."}


