Company: GOOGL
Filing Date: 2025-07-24
Form Type: 10-Q
Source: 0001652044-25-000062
Chunk: 49

Company: Alphabet Inc.
Filing Date: 2025-07-24
Form: 10-Q
Item: Part I, Item 1
Chunk 49
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 as follows (in millions): Three Months EndedSix Months EndedJune 30,June 30, 2024202520242025Interest income$1,090 $1,050 $2,151 $2,051 Interest expense(1)(67)(261)(161)(295)Foreign currency exchange gain (loss), net(173)(69)(411)(175)Gain (loss) on debt securities, net(310)165 (772)367 Gain (loss) on equity securities, net(714)1,286 1,529 11,044 Performance fees128 (83)232 (123)Income (loss) and impairment from equity method investments, net32 419 6 397 Other140 155 395 579 Other income (expense), net$126 $2,662 $2,969 $13,845 (1)Interest expense is net of interest capitalized of $43 million and $92 million for the three months ended June 30, 2024 and 2025, respectively, and $86 million and $171 million for the six months ended June 30, 2024 and 2025, respectively.

Note 8.    Acquisitions

Pending AcquisitionIn March 2025, we entered into a definitive agreement to acquire Wiz, a leading cloud security platform, for $32.0 billion, subject to closing adjustments, in an all-cash transaction. The acquisition of Wiz is expected to close in 2026, subject to customary closing conditions, including the receipt of regulatory approvals. Upon the close of the acquisition, Wiz will be part of the Google Cloud segment.

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Note 9.    Goodwill

Changes in the carrying amount of goodwill for the six months ended June 30, 2025 were as follows (in millions):Google ServicesGoogle CloudOther BetsTotalBalance as of December 31, 2024$23,521 $7,490 $874 $31,885 Additions289 9 0 298 Foreign currency translation and other adjustments160 15 (23)152 Balance as of June 30, 2025$23,970 $7,514 $851 $32,335 

Note 10.    Commitments and Contingencies

CommitmentsWe have content licensing agreements with future fixed or minimum guaranteed commitments of $8.2 billion as