Company: GOOGL
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001652044-25-000091
Chunk: 47

Company: Alphabet Inc.
Filing Date: 2025-10-30
Form: 10-Q
Item: Part I, Item 1
Chunk 47
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0 5,000 2025 Euro notes(1)2029 - 20542.50% - 4.00%2.69% - 4.12%0 7,892       Total face value of long-term debt12,000 23,892 Unamortized discount and debt issuance costs(1)(118)(290)Less: Current portion of long-term notes(2)(999)(1,995)       Total long-term debt$10,883 $21,607 (1)Principal, unamortized discount, and debt issuance costs for the euro-denominated notes include the effect of foreign exchange rates.(2)Total current portion of long-term debt is included within accrued expenses and other current liabilities. See Note 7 for further details.The notes in the table above are fixed-rate senior unsecured obligations and rank equally with each other. We may redeem the notes at any time in whole or in part at specified redemption prices. The effective interest rates are based on proceeds received with interest payable semi-annually, except for the euro-denominated notes, which are payable annually.The total estimated fair value of the outstanding notes was approximately $9.0 billion and $21.1 billion as of December 31, 2024 and September 30, 2025, respectively. The fair value was determined based on observable market prices of identical instruments in less active markets and is categorized accordingly as Level 2 in the fair value hierarchy.Credit FacilityAs of September 30, 2025, we had $10.0 billion of revolving credit facilities, of which $4.0 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 September 30, 2025.

Note 7.    Supplemental Financial Statement Information 

Accounts ReceivableThe allowance for credit losses on accounts receivable was $879 million and $918 million as of December 31, 2024 and September 30, 2025, respectively.Property and Equipment, NetProperty and equipment, net, consisted of the following (in millions):As of December 31, 2024As ofSeptember 30, 2025Technical infrastructure(1)$139,596 $184,107 Office space43