Company: GOOGL
Filing Date: 2025-04-25
Form Type: 10-Q
Source: 0001652044-25-000043
Chunk: 96

Company: Alphabet Inc.
Filing Date: 2025-04-25
Form: 10-Q
Item: Part I, Item 8
Chunk 96
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,622 $5,219 Accumulated depreciation(2,037)(2,125)Property and equipment, net$2,585 $3,094 Accrued expenses and other liabilities$235 $100 Other long-term liabilities1,442 1,961 Total finance lease liabilities$1,677 $2,061 Supplemental cash flow information related to leases was as follows (in millions):Three Months EndedMarch 31,20242025Cash payments for lease liabilities:Operating cash flows used for operating leases$842 $878 Operating cash flows used for finance leases$7 $15 Financing cash flows used for finance leases(1)$90 $192 Assets obtained in exchange for lease liabilities:Operating leases$404 $697 Finance leases$19 $523 (1)Financing cash flows used for financing leases are included within financing activities of the Consolidated Statements of Cash Flows as repayments of debt.Future lease payments as of March 31, 2025 were as follows (in millions):Operating LeasesFinance LeasesRemainder of 2025$2,377 $224 20262,947 268 20272,425 270 20281,938 258 20291,536 232 Thereafter5,741 1,254 Total future lease payments16,964 2,506 Less imputed interest(2,413)(445)Total lease liability balance$14,551 $2,061 

As of March 31, 2025, we have entered into leases primarily related to data centers that have not yet commenced with future lease payments of $17.3 billion, that are not yet recorded on our Consolidated Balance Sheets. These leases will commence between 2025 and 2031 with non-cancelable lease terms between one and 25 years. 

20

Note 5.    Variable Interest Entities

Consolidated VIEsWe consolidate VIEs in which we hold a variable interest and are the primary beneficiary. The results of operations and financial position of these VIEs are included in our consolidated financial statements. For certain consolidated VIEs, their assets are not available to us, and their creditors do not have recourse to us. As of December 31, 2024 and March 31, 2025, assets that can only be used to settle obligations of these VIEs were $8.7 billion and