Company: GOOGL
Filing Date: 2025-07-24
Form Type: 10-Q
Source: 0001652044-25-000062
Chunk: 35

Company: Alphabet Inc.
Filing Date: 2025-07-24
Form: 10-Q
Item: Part I, Item 1
Chunk 35
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5Due in 1 year or less$5,930 Due in 1 year through 5 years37,136 Due in 5 years through 10 years11,846 Due after 10 years13,235 Total$68,147 The following tables present fair values and gross unrealized losses recorded to AOCI, aggregated by investment category and the length of time that individual securities have been in a continuous loss position (in millions): As of December 31, 2024 Less than 12 Months12 Months or GreaterTotal Fair ValueUnrealizedLossFair ValueUnrealizedLossFair ValueUnrealizedLossGovernment bonds$11,119 $(126)$2,576 $(88)$13,695 $(214)Corporate debt securities4,228 (17)6,838 (168)11,066 (185)Mortgage-backed and asset-backed securities5,222 (106)3,813 (279)9,035 (385)Total$20,569 $(249)$13,227 $(535)$33,796 $(784) As of June 30, 2025 Less than 12 Months12 Months or GreaterTotal Fair ValueUnrealizedLossFair ValueUnrealizedLossFair ValueUnrealizedLossGovernment bonds$2,391 $(19)$1,370 $(29)$3,761 $(48)Corporate debt securities1,020 (1)4,247 (73)5,267 (74)Mortgage-backed and asset-backed securities2,666 (48)2,867 (167)5,533 (215)Total$6,077 $(68)$8,484 $(269)$14,561 $(337)We determine realized gains or losses on the sale or extinguishment of debt securities on a specific identification method. The following table summarizes gains and losses for debt securities, reflected as a component of OI&E (in millions):    Three Months EndedSix Months EndedJune 30,June 30, 2024202520242025Unrealized gain (loss) on fair value option debt securities$(23)$130 $(69)$227 Gross realized gain on debt securities161 84 229 350 Gross realized loss on debt securities(455)(63)(935)(238)(Increase) decrease in allowance for credit losses7