Company: GOOGL
Filing Date: 2025-04-25
Form Type: 10-Q
Source: 0001652044-25-000043
Chunk: 41

Company: Alphabet Inc.
Filing Date: 2025-04-25
Form: 10-Q
Item: Part I, Item 1
Chunk 41
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 equipment purchases of $3.2 billion and $3.8 billion as of December 31, 2024 and March 31, 2025, respectively, were included in accounts payable.(2)    The amounts related to the European Commission (EC) fines, including any under appeal, are included in accrued expenses and other current liabilities on our Consolidated Balance Sheets. Amounts include the effects of foreign exchange and interest. See Note 10 for further details.Accumulated Other Comprehensive Income (Loss)Components of AOCI, net of income tax, were as follows (in millions):Foreign Currency Translation AdjustmentsUnrealized Gains (Losses) on Available-for-Sale InvestmentsUnrealized Gains (Losses) on Cash Flow HedgesTotalBalance as of December 31, 2023$(3,407)$(965)$(30)$(4,402)Other comprehensive income (loss) before reclassifications(503)(360)128 (735)Amounts excluded from the assessment of hedge effectiveness recorded in AOCI0 0 58 58 Amounts reclassified from AOCI0 311 (71)240 Other comprehensive income (loss)(503)(49)115 (437)Balance as of March 31, 2024$(3,910)$(1,014)$85 $(4,839)Foreign Currency Translation AdjustmentsUnrealized Gains (Losses) on Available-for-Sale InvestmentsUnrealized Gains (Losses) on Cash Flow HedgesTotalBalance as of December 31, 2024$(5,080)$(299)$579 $(4,800)Other comprehensive income (loss) before reclassifications663 645 (252)1,056 Amounts excluded from the assessment of hedge effectiveness recorded in AOCI0 0 (61)(61)Amounts reclassified from AOCI0 (84)(197)(281)Other comprehensive income (loss)663 561 (510)714 Balance as of March 31, 2025$(4,417)$262 $69 $(4,086) 

23

The effects on net income of amounts reclassified from AOCI were as follows (in millions):Three Months Ended March 31, AOCI ComponentsLocation20242025Unrealized gains (losses) on available-for-sale investmentsOther income (expense), net$(399)$104 Benefit (provision) for income taxes88