Company: GOOGL
Filing Date: 2025-02-05
Form Type: 10-K
Source: 0001652044-25-000014
Chunk: 23

Company: Alphabet Inc.
Filing Date: 2025-02-05
Form: 10-K
Item: Item 8
Chunk 23
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phabet Inc.

CONSOLIDATED STATEMENTS OF CASH FLOWS

(in millions) Year Ended December 31, 202220232024Operating activitiesNet income$59,972 $73,795 $100,118 Adjustments:Depreciation of property and equipment13,475 11,946 15,311 Stock-based compensation expense19,362 22,460 22,785 Deferred income taxes(8,081)(7,763)(5,257)Loss (gain) on debt and equity securities, net5,519 823 (2,671)Other3,483 4,330 3,419 Changes in assets and liabilities, net of effects of acquisitions:Accounts receivable, net(2,317)(7,833)(5,891)Income taxes, net584 523 (2,418)Other assets(5,046)(2,143)(1,397)Accounts payable707 664 359 Accrued expenses and other liabilities3,915 3,937 (1,161)Accrued revenue share(445)482 1,059 Deferred revenue367 525 1,043 Net cash provided by operating activities91,495 101,746 125,299 Investing activitiesPurchases of property and equipment(31,485)(32,251)(52,535)Purchases of marketable securities(78,874)(77,858)(86,679)Maturities and sales of marketable securities97,822 86,672 103,428 Purchases of non-marketable securities(2,531)(3,027)(5,034)Maturities and sales of non-marketable securities150 947 882 Acquisitions, net of cash acquired, and purchases of intangible assets(6,969)(495)(2,931)Other investing activities1,589 (1,051)(2,667)Net cash used in investing activities(20,298)(27,063)(45,536)Financing activitiesNet payments related to stock-based award activities(9,300)(9,837)(12,190)Repurchases of stock(59,296)(61,504)(62,222)Dividend payments0 0 (7,363)Proceeds from issuance of debt, net of costs52,872 10,790 13,589 Repayments of debt(54,068)(11,550)(