Company: GOOGL
Filing Date: 2025-02-05
Form Type: 10-K
Source: 0001652044-25-000014
Chunk: 63

Company: Alphabet Inc.
Filing Date: 2025-02-05
Form: 10-K
Item: Item 8
Chunk 63
---
8 $104.93 Granted195 $140.04 Vested(199)$110.89 Forfeited/canceled(35)$113.52 Unvested as of December 31, 2024299 $122.77 The weighted-average grant-date fair value of RSUs granted during the years ended December 31, 2022 and 2023 was $127.22 and $97.59, respectively. Total fair value of RSUs, as of their respective vesting dates, during the years ended December 31, 2022, 2023, and 2024, were $23.9 billion, $26.6 billion, and $33.3 billion, respectively.

As of December 31, 2024, there was $34.8 billion of unrecognized compensation cost related to unvested RSUs. This amount is expected to be recognized over a weighted-average period of 2.5 years. 

Note 14.        Income Taxes 

Income from continuing operations before income taxes consisted of the following (in millions):Year Ended December 31, 202220232024Domestic operations$61,307 $73,600 $108,076 Foreign operations10,021 12,117 11,739 Total$71,328 $85,717 $119,815 

84.  

Table of ContentsAlphabet Inc.

Provision for income taxes consisted of the following (in millions):Year Ended December 31, 202220232024Current:Federal and state$17,120 $17,125 $22,485 Foreign2,434 2,526 2,468 Total19,554 19,651 24,953 Deferred:Federal and state(8,052)(7,482)(5,350)Foreign(146)(247)94 Total(8,198)(7,729)(5,256)Provision for income taxes$11,356 $11,922 $19,697 The reconciliation of federal statutory income tax rate to our effective income tax rate was as follows:Year Ended December 31, 202220232024U.S. federal statutory tax rate21.0 %21.0 %21.0 %Foreign income taxed at different rates3.0 0.3 0.5 Foreign-derived intangible income deduction(5.4)(4.6)(3.