Company: GOOGL
Filing Date: 2025-07-24
Form Type: 10-Q
Source: 0001652044-25-000062
Chunk: 107

Company: Alphabet Inc.
Filing Date: 2025-07-24
Form: 10-Q
Item: Part I, Item 8
Chunk 107
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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)$227 Gross realized gain on debt securities161 84 229 350 Gross realized loss on debt securities(455)(63)(935)(238)(Increase) decrease in allowance for credit losses7 14 3 28 Total gain (loss) on debt securities recognized in other income (expense), net$(310)$165 $(772)$367 

Equity InvestmentsThe carrying value of equity securities is measured as the total initial cost plus the cumulative net gain (loss). Gains and losses, including impairments, are included as a component of OI&E in the Consolidated Statements of Income. See Note 7 for further details on OI&E. Certain of our non-marketable equity securities include our investments in variable interest entities (VIE) where we are not the primary beneficiary. See Note 5 for further details on VIE.

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Table of ContentsAlphabet Inc.

The carrying values for marketable and non-marketable equity securities are summarized below (in millions):As of December 31, 2024As of June 30, 2025Marketable Equity SecuritiesNon-Marketable Equity SecuritiesTotalMarketable Equity SecuritiesNon-Marketable Equity SecuritiesTotalTotal initial cost$4,767 $21,240 $26,007 $4,423 $26,152 $30,575 Cumulative net gain (loss)(1)312 14,291 14,603 1,552 23,682 25,234 Carrying value$5,079 $35,531 $40,610 $5,975 $49,834 $55,809 (1)Non-marketable equity securities cumulative net gain (loss) is comprised of $22.7 billion and $32.8 billion of gains and $8.4 billion and $9.1 billion of losses (including impairments) as of December 31, 2024 and June 30, 2025,