Company: GOOGL
Filing Date: 2025-02-05
Form Type: 10-K
Source: 0001652044-25-000014
Chunk: 19

Company: Alphabet Inc.
Filing Date: 2025-02-05
Form: 10-K
Item: Item 8
Chunk 19
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 basis for our opinion.

Definition and Limitations of Internal Control Over Financial Reporting

A company’s internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. A company’s internal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of the company’s assets that could have a material effect on the financial statements.

Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.

/s/ Ernst & Young LLPSan Jose, CaliforniaFebruary 4, 2025

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Table of ContentsAlphabet Inc.

Alphabet Inc.

CONSOLIDATED BALANCE SHEETS

(in millions, except par value per share amounts)As of December 31,20232024AssetsCurrent assets:Cash and cash equivalents$24,048 $23,466 Marketable securities86,868 72,191 Total cash, cash equivalents, and marketable securities110,916 95,657 Accounts receivable, net47,964 52,340 Other current assets12,650 15,714 Total current assets171,530 163,711 Non-marketable securities31,008 37,982 Deferred income taxes12,169 17,180 Property and equipment, net134,345 171,036 Operating lease assets14,091 13,588 Goodwill29,198 31,885 Other non-current assets10,051 14,874 Total assets$402,392 $450,256 Liabilities and Stockholders’ EquityCurrent liabilities:Accounts payable$7,493 $7,987 Accrued compensation and benefits15,140 15,069 Accrued