Company: GOOGL
Filing Date: 2025-07-24
Form Type: 10-Q
Source: 0001652044-25-000062
Chunk: 112

Company: Alphabet Inc.
Filing Date: 2025-07-24
Form: 10-Q
Item: Part I, Item 8
Chunk 112
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: (in millions):Three Months Ended June 30,20242025RevenuesOther income (expense), netRevenuesOther income (expense), netTotal amounts included in the Consolidated Statements of Income$84,742 $126 $96,428 $2,662 Effect of cash flow hedges:Foreign exchange contractsAmount reclassified from AOCI to income$106 $0 $(138)$0 Amount excluded from the assessment of effectiveness (amortized)(4)0 26 0 Effect of fair value hedges:Foreign exchange contractsHedged items0 (9)0 0 Derivatives designated as hedging instruments0 9 0 0 Amount excluded from the assessment of effectiveness0 3 0 0 Effect of net investment hedges:Foreign exchange contractsAmount excluded from the assessment of effectiveness0 31 0 29 Effect of non designated hedges:Foreign exchange contracts0 (22)0 180 Other contracts0 26 0 (24)Total gains (losses)$102 $38 $(112)$185 

19

Six Months Ended June 30,20242025RevenuesOther income (expense), netRevenuesOther income (expense), netTotal amounts included in the Consolidated Statements of Income$165,281 $2,969 $186,662 $13,845 Effect of cash flow hedges:Foreign exchange contractsAmount of gains (losses) reclassified from AOCI to income$180 $0 $104 $0 Amount excluded from the assessment of effectiveness (amortized)(6)0 44 0 Effect of fair value hedges:Foreign exchange contractsHedged items0 (25)0 (9)Derivatives designated as hedging instruments0 24 0 9 Amount excluded from the assessment of effectiveness0 6 0 1 Effect of net investment hedges:Foreign exchange contractsAmount excluded from the assessment of effectiveness0 67 0 60 Effect of non designated hedges:Foreign exchange contracts0 (1)0 245 Other contracts0 102 0 (95)Total gains (losses)$174 $173 $148 $211 

Offsetting of DerivativesWe enter into master netting arrangements and collateral security arrangements to reduce credit risk. Cash collateral received related to derivative instruments under our collateral security arrangements are included