Stock Analysis on Net

Alphabet Inc. (NASDAQ:GOOG)

Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

Alphabet Inc., consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

US$ in millions

Microsoft Excel
Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Accounts payable 7,493 5,803 5,313 4,184 5,128 6,303 4,409 3,436 6,037 4,616 4,708 4,801 5,589 4,391 4,064 4,099 5,561 4,142 3,925 3,710
Accrued compensation and benefits 15,140 12,562 11,260 9,954 14,028 12,366 10,852 9,803 13,889 12,170 10,088 8,375 11,086 8,747 7,127 5,656 8,495 7,399 6,432 5,072
Accrued expenses and other current liabilities 46,168 55,602 49,300 43,185 37,866 36,063 34,932 37,395 32,044 34,283 30,792 32,625 30,116 26,730 25,401 23,514 23,341 21,169 20,359 20,143
Accrued revenue share 8,876 8,025 7,990 7,816 8,370 7,662 7,889 8,116 8,996 7,745 7,438 6,962 7,500 6,030 5,005 4,982 5,916 4,835 4,567 4,318
Deferred revenue 4,137 4,303 3,846 3,715 3,908 3,585 3,272 3,198 3,288 2,968 2,715 2,690 2,543 2,302 2,061 1,938 1,908 1,679 1,717 1,667
Current liabilities 81,814 86,295 77,709 68,854 69,300 65,979 61,354 61,948 64,254 61,782 55,741 55,453 56,834 48,200 43,658 40,189 45,221 39,224 37,000 34,910
Long-term debt, excluding current portion 13,253 13,781 13,705 13,697 14,701 14,653 14,734 14,791 14,817 14,288 14,328 13,887 13,932 13,902 4,018 5,016 4,554 4,082 4,074 4,066
Deferred revenue, non-current 911 884 667 610 599 594 472 499 535 510 510 530 481 454 397 350 358 364 387 391
Income taxes payable, non-current 8,474 8,038 8,753 9,722 9,258 8,572 8,163 9,406 9,176 8,984 8,651 9,278 8,849 8,616 8,599 9,207 9,885 11,355 10,969 11,605
Deferred income taxes 485 528 558 542 514 476 924 2,843 5,257 3,551 4,703 4,406 3,561 1,973 1,797 2,079 1,701 1,747 1,892 1,282
Long-term operating lease liabilities 12,460 12,550 12,746 12,799 12,501 11,984 11,697 11,363 11,389 11,471 11,619 11,382 11,146 10,984 10,709 10,476 10,214 9,666 9,088 8,206
Other long-term liabilities 1,616 1,433 1,765 2,373 2,247 2,371 2,422 2,242 2,205 2,250 2,270 2,146 2,269 2,194 1,992 2,427 2,534 1,637 1,499 1,417
Long-term liabilities 37,199 37,214 38,194 39,743 39,820 38,650 38,412 41,144 43,379 41,054 42,081 41,629 40,238 38,123 27,512 29,555 29,246 28,851 27,909 26,967
Total liabilities 119,013 123,509 115,903 108,597 109,120 104,629 99,766 103,092 107,633 102,836 97,822 97,082 97,072 86,323 71,170 69,744 74,467 68,075 64,909 61,877
Preferred stock, $0.001 par value per share; no shares issued and outstanding
Class A, Class B, and Class C stock and additional paid-in capital, $0.001 par value per share 76,534 74,591 72,248 70,269 68,184 66,258 64,402 62,832 61,774 61,193 60,436 59,436 58,510 57,307 55,937 53,688 50,552 49,040 47,937 46,532
Accumulated other comprehensive income (loss) (4,402) (7,036) (5,991) (6,000) (7,603) (8,852) (5,828) (4,049) (1,623) (408) 190 (3) 633 46 (296) (1,097) (1,232) (1,196) (1,091) (1,780)
Retained earnings 211,247 205,647 200,884 196,625 195,563 196,220 196,845 195,221 191,484 183,782 176,939 170,580 163,401 155,567 151,681 151,068 152,122 147,125 145,346 138,720
Stockholders’ equity 283,379 273,202 267,141 260,894 256,144 253,626 255,419 254,004 251,635 244,567 237,565 230,013 222,544 212,920 207,322 203,659 201,442 194,969 192,192 183,472
Total liabilities and stockholders’ equity 402,392 396,711 383,044 369,491 365,264 358,255 355,185 357,096 359,268 347,403 335,387 327,095 319,616 299,243 278,492 273,403 275,909 263,044 257,101 245,349

Based on: 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).

Balance sheet item Description The company
Current liabilities Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Alphabet Inc. current liabilities increased from Q2 2023 to Q3 2023 but then slightly decreased from Q3 2023 to Q4 2023 not reaching Q2 2023 level.
Long-term liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Alphabet Inc. long-term liabilities decreased from Q2 2023 to Q3 2023 and from Q3 2023 to Q4 2023.
Total liabilities Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Alphabet Inc. total liabilities increased from Q2 2023 to Q3 2023 but then slightly decreased from Q3 2023 to Q4 2023 not reaching Q2 2023 level.
Stockholders’ equity Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Alphabet Inc. stockholders’ equity increased from Q2 2023 to Q3 2023 and from Q3 2023 to Q4 2023.