Company: GOOGL
Filing Date: 2025-04-25
Form Type: 10-Q
Source: 0001652044-25-000043
Chunk: 32

Company: Alphabet Inc.
Filing Date: 2025-04-25
Form: 10-Q
Item: Part I, Item 1
Chunk 32
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 securities164 227 Unrealized net gain (loss) on non-marketable equity securities(1)1,984 9,316 Total gain (loss) on equity securities in other income (expense), net$2,243 $9,758 (1)Unrealized gain (loss) on non-marketable equity securities accounted for under the measurement alternative is comprised of $2.8 billion and $9.7 billion of upward adjustments and $814 million and $399 million of downward adjustments (including impairments) for the three months ended March 31, 2024 and 2025, respectively.In the table above, realized net gain (loss) on equity securities sold during the period reflects the difference between the sale proceeds and the carrying value of the equity securities at the beginning of the period or the purchase date, if later.Cumulative net gains (losses) on equity securities sold during the period, which is summarized in the following table (in millions), represents the total net gains (losses) recognized after the initial purchase date of the equity security sold during the period. While these net gains (losses) may have been reflected in periods prior to the period of sale, we believe they are important supplemental information as they reflect the economic net gains (losses) on the securities sold during the period. Cumulative net gains (losses) are calculated as the difference between the sale price and the initial purchase price for the equity security sold during the period.Three Months Ended March 31, 2025 20242025Total sale price$1,090 $753 Total initial cost661 592 Cumulative net gains (losses)$429 $161 Equity Securities Accounted for Under the Equity MethodAs of December 31, 2024 and March 31, 2025, equity securities accounted for under the equity method had a carrying value of approximately $2.0 billion in each period. Our share of gains and losses, including impairments, are included as a component of OI&E, in the Consolidated Statements of Income. See Note 7 for further details on OI&E. Certain of our equity method securities include our investments in VIEs where we are not the primary beneficiary. See Note 5 for further details on VIEs.

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Table of ContentsAlphabet Inc.

Convertible Notes

As of December 31, 2024 and March 31, 2025,