Company: GOOGL
Filing Date: 2025-07-24
Form Type: 10-Q
Source: 0001652044-25-000062
Chunk: 118

Company: Alphabet Inc.
Filing Date: 2025-07-24
Form: 10-Q
Item: Part I, Item 8
Chunk 118
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billion expires in April 2026 and $6.0 billion expires in April 2030. The interest rates for all credit facilities are determined based on a formula using certain market rates. No amounts were outstanding under the credit facilities as of December 31, 2024 and June 30, 2025.

Note 7.    Supplemental Financial Statement Information 

Accounts ReceivableThe allowance for credit losses on accounts receivable was $879 million and $878 million as of December 31, 2024 and June 30, 2025, respectively.Property and Equipment, NetProperty and equipment, net, consisted of the following (in millions):As of December 31, 2024As ofJune 30, 2025Technical infrastructure(1)$139,596 $167,467 Office space43,714 45,493 Corporate and other assets16,519 17,920 Property and equipment, in service199,829 230,880 Less: accumulated depreciation(79,390)(89,349)Add: assets not yet in service50,597 61,700 Property and equipment, net$171,036 $203,231 (1)    As of December 31, 2024 and June 30, 2025, approximately 60% of technical infrastructure assets were comprised of servers and network equipment. The remaining balance was comprised of data center land and buildings and related assets.

24

Accrued Expenses and Other Current LiabilitiesAccrued expenses and other current liabilities consisted of the following (in millions):As of December 31, 2024As ofJune 30, 2025Accrued purchases of property and equipment(1)$7,104 $6,818 European Commission fines(2)6,322 7,099 Accrued customer liabilities4,304 4,247 Payables to brokers for unsettled investment trades3,866 3,112 Income taxes payable, net2,905 786 Other accrued expenses and current liabilities(3)26,727 29,977 Accrued expenses and other current liabilities$51,228 $52,039 (1)    Additional property and equipment purchases of $3.2 billion and $3.8 billion as of December 31, 2024 and June 30, 2025, respectively, were included in accounts payable.(2)    The amounts related to