Company: GOOGL
Filing Date: 2025-07-24
Form Type: 10-Q
Source: 0001652044-25-000062
Chunk: 117

Company: Alphabet Inc.
Filing Date: 2025-07-24
Form: 10-Q
Item: Part I, Item 8
Chunk 117
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.00% notes due 2054. The net proceeds from all notes issued in May 2025 are used for general corporate purposes.

23

 Total outstanding long-term debt is summarized below (in millions, except percentages):MaturityCoupon RateEffective Interest RateAs of December 31, 2024As ofJune 30, 2025Debt2016 U.S. dollar notes20262.00%2.23%$2,000 $2,000 2020 U.S. dollar notes2025 - 20600.45% - 2.25%0.57% - 2.33%10,000 10,000 2025 U.S. dollar notes2030 - 20654.00% - 5.30%4.21% - 5.44%0 5,000 2025 Euro notes(1)2029 - 20542.50% - 4.00%2.69% - 4.12%0 7,903       Total face value of long-term debt12,000 24,903   Unamortized discount and debt issuance costs(1)(118)(296)Less: Current portion of long-term notes(2)(999)(1,000)       Total long-term debt$10,883 $23,607 (1)Principal, unamortized discount, and debt issuance costs for the euro-denominated notes include the effect of foreign exchange rates.(2)Total current portion of long-term debt is included within accrued expenses and other current liabilities. See Note 7 for further details.The notes in the table above are fixed-rate senior unsecured obligations and rank equally with each other. We may redeem the notes at any time in whole or in part at specified redemption prices. The effective interest rates are based on proceeds received with interest payable semi-annually, except for the euro-denominated notes, which are payable annually.The total estimated fair value of the outstanding notes was approximately $9.0 billion and $21.9 billion as of December 31, 2024 and June 30, 2025, respectively. The fair value was determined based on observable market prices of identical instruments in less active markets and is categorized accordingly as Level 2 in the fair value hierarchy.Credit FacilityAs of June 30, 2025, we had $10.0 billion of revolving credit facilities, of which $4.0