Company: GOOGL
Filing Date: 2025-07-24
Form Type: 10-Q
Source: 0001652044-25-000062
Chunk: 113

Company: Alphabet Inc.
Filing Date: 2025-07-24
Form: 10-Q
Item: Part I, Item 8
Chunk 113
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 in other current assets with a corresponding liability. Cash and non-cash collateral pledged related to derivative instruments under our collateral security arrangements are included in other current assets.The gross amounts of derivative instruments subject to master netting arrangements with various counterparties, and cash and non-cash collateral received and pledged under such agreements were as follows (in millions):As of December 31, 2024Gross Amounts Not Offset in the Consolidated Balance Sheets, but Have Legal Rights to OffsetGross Amounts RecognizedGross Amounts Offset in the Consolidated Balance SheetsNet Amounts Presented in the Consolidated Balance SheetsFinancial Instruments(1)Cash and Non-Cash Collateral Received or PledgedNet AmountsDerivatives assets$1,776 $(48)$1,728 $(516)$(721)$491 Derivatives liabilities$660 $(48)$612 $(516)$(9)$87 

20

As of June 30, 2025Gross Amounts Not Offset in the Consolidated Balance Sheets, but Have Legal Rights to OffsetGross Amounts RecognizedGross Amounts Offset in the Consolidated Balance SheetsNet Amounts Presented in the Consolidated Balance SheetsFinancial Instruments(1)Cash and Non-Cash Collateral Received or PledgedNet AmountsDerivatives assets$1,224 $(121)$1,103 $(780)$(72)$251 Derivatives liabilities$1,879 $(121)$1,758 $(780)$(32)$946 (1)The balances as of December 31, 2024 and June 30, 2025 were related to derivatives allowed to be net settled in accordance with our master netting agreements.

Note 4.    Leases

We have entered into operating and finance lease agreements primarily for data centers, land, and offices throughout the world with varying lease terms. Components of lease costs were as follows (in millions): Three Months EndedSix Months EndedJune 30,June 30,2024202520242025Operating lease cost$802 $818 $1,606 $1,608 Finance lease cost:Amortization of lease assets99 112 182 208 Interest on lease liabilities7 16 14 31 Finance lease cost106 128 196 239 Variable lease cost343 372 686 732 Total lease cost$1,251 $1,318 $2,488 $2,579 Supplement