Company: GOOGL
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001652044-25-000091
Chunk: 43

Company: Alphabet Inc.
Filing Date: 2025-10-30
Form: 10-Q
Item: Part I, Item 1
Chunk 43
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 accordance with our master netting agreements.

Note 4.    Leases

We have entered into operating and finance lease agreements primarily for data centers, land, and offices throughout the world with varying lease terms.Components of lease costs were as follows (in millions): Three Months EndedNine Months EndedSeptember 30,September 30,2024202520242025Operating lease cost$857 $862 $2,463 $2,470 Finance lease cost:Amortization of lease assets115 152 297 360 Interest on lease liabilities8 17 22 48 Finance lease cost123 169 319 408 Variable lease cost330 483 1,016 1,215 Total lease cost$1,310 $1,514 $3,798 $4,093 Supplemental information related to leases was as follows (in millions):As of December 31, 2024As ofSeptember 30, 2025Weighted-average remaining lease termOperating leases7.8 years7.8 yearsFinance leases10.4 years8.7 yearsWeighted-average discount rateOperating leases3.4 %3.6 %Finance leases2.8 %3.0 %

21

As of December 31, 2024As ofSeptember 30, 2025Operating leases:Operating lease assets$13,588 $14,524 Accrued expenses and other liabilities$2,887 $3,099 Operating lease liabilities11,691 12,106 Total operating lease liabilities$14,578 $15,205 Finance Leases:Property and equipment, at cost$4,622 $5,988 Accumulated depreciation(2,037)(2,411)Property and equipment, net$2,585 $3,577 Accrued expenses and other liabilities$235 $338 Other long-term liabilities1,442 2,050 Total finance lease liabilities$1,677 $2,388 Supplemental cash flow information related to leases was as follows (in millions):Three Months EndedNine Months EndedSeptember 30,September 30,2024202520242025Cash payments for lease liabilities:Operating cash flows used for operating leases$885 $850 $2,571 $2,511 Operating cash flows used for finance leases$8 $17 $22 $48 Financing cash flows used for