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Stock Analysis on Net
Stock Analysis on Net
Microsoft Excel LibreOffice Calc

Alphabet Inc. (NASDAQ:GOOG)

Cash Flow Statement
Quarterly Data

Beginner level

The cash flow statement provides information about a company’s cash receipts and cash payments during an accounting period, showing how these cash flows link the ending cash balance to the beginning balance shown on the company’s balance sheet.

The cash flow statement consists of three parts: cash flows provided by (used in) operating activities, cash flows provided by (used in) investing activities, and cash flows provided by (used in) financing activities.

Alphabet Inc., consolidated cash flow statement (quarterly data)

US$ in millions

Microsoft Excel LibreOffice Calc
3 months ended: Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016
Net income 15,227  11,247  6,959  6,836  10,671  7,068  9,947  6,657  8,948  9,192  3,195  9,401  (3,020) 6,732  3,524  5,426  5,333  5,061  4,877  4,207 
Depreciation and impairment of property and equipment 3,539  3,289  3,178  2,899  3,082  2,732  2,626  2,416  2,373  2,138  1,862  1,791  1,831  1,561  1,424  1,287  1,464  1,377  1,271  1,155 
Amortization and impairment of intangible assets 186  189  208  209  331  188  209  197  207  217  252  195  195  200  201  216  223  219  219  216 
Stock-based compensation expense 3,223  3,195  3,382  3,191  2,645  2,624  2,756  2,769  2,253  2,230  2,413  2,457  1,847  1,820  2,003  2,009  1,846  1,860  1,503  1,494 
Deferred income taxes 1,670  136  (591) 175  (208) (239) 693  (73) 55  880  (139) (18) 16  (296) (75) 613  (157) (245) (50) 414 
(Gain) loss on debt and equity securities, net (3,262) (2,015) (1,842) 802  (399) 1,479  (2,797) (1,081) (1,237) (1,353) (1,068) (2,992) 34  76  16  68  71  (90) 14  280 
Other 392  206  372  297  (473) (71) (70) 22  (107) 38  137  (257) 38  65  26  8  57  26  27  64 
Accounts receivable (5,445) (3,601) (80) 2,602  (4,365) (1) (1,146) 1,172  (2,887) (670) (312) 1,700  (3,049) (1,150) (836) 1,267  (2,279) (282) (835) 818 
Income taxes, net 740  (69) 783  (245) (3,338) 185  (1,043) 1,068  (360) (1,235) (1,438) 782  9,076  914  (2,289) 510  972  473  1,409  271 
Other assets (738) (233) (244) (115) 166  (611) 89  (265) 33  (484) (515) (241) (78) (1,632) (326) (128) 198  (47) (24) 185 
Accounts payable 963  420  146  (835) 814  57  (18) (425) 774  316  (145) 122  673  (61) 16  103  (128) 459  48  (269)
Accrued expenses and other liabilities 4,613  2,990  1,432  (3,531) 4,243  1,853  1,303  (229) 2,157  1,857  5,742  (1,142) 1,770  1,434  3,555  (1,868) 1,177  809  593  (1,064)
Accrued revenue share 1,362  969  179  (871) 1,072  261  87  (147) 679  107  (17) (286) 773  176  80  (74) 455  186  83  (131)
Deferred revenue 207  280  111  37  186  (59) (9) (81) 99  (23) 165  130  162  33  84  111  181  39  (15) 18 
Changes in assets and liabilities, net of effects of acquisitions 1,702  756  2,327  (2,958) (1,222) 1,685  (737) 1,093  495  (132) 3,480  1,065  9,327  (286) 284  (79) 576  1,637  1,259  (172)
Adjustments 7,450  5,756  7,034  4,615  3,756  8,398  2,680  5,343  4,039  4,018  6,937  2,241  13,288  3,140  3,879  4,122  4,080  4,784  4,243  3,451 
Net cash provided by operating activities 22,677  17,003  13,993  11,451  14,427  15,466  12,627  12,000  12,987  13,210  10,132  11,642  10,268  9,872  7,403  9,548  9,413  9,845  9,120  7,658 
Purchases of property and equipment (5,479) (5,406) (5,391) (6,005) (6,052) (6,732) (6,126) (4,638) (7,081) (5,282) (5,477) (7,299) (4,307) (3,538) (2,831) (2,508) (3,078) (2,554) (2,136) (2,444)
Purchases of marketable securities (31,644) (40,821) (26,548) (37,563) (19,347) (36,244) (23,841) (20,883) (12,818) (14,299) (14,192) (8,849) (13,486) (39,033) (19,557) (20,119) (13,550) (25,371) (24,840) (20,748)
Maturities and sales of marketable securities 35,155  31,877  24,063  41,811  23,042  34,091  19,686  21,006  13,581  9,403  16,172  9,351  11,371  28,350  14,876  19,362  12,516  16,590  20,346  17,443 
Purchases of non-marketable investments (5,311) (553) (739) (572) (433) (404) (188) (907) (955) (386) (405) (327) (874) (177) (340) (354) (247) (181) (318) (363)
Maturities and sales of non-marketable investments 425  125  213  260  108  91  107  99  407  154  693  498  318  97  40  78  305  91  56  42 
Cash collateral related to securities lending —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  (2,065) (106) (257)
Investments in reverse repurchase agreements —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  500  (150) 100 
Acquisitions, net of cash acquired, and purchases of intangibles assets (370) (13) (165) (190) (2,142) (126) (148) (99) (39) (18) (184) (1,250) (14) (130) (42) (101) (662) (252) (38) (34)
Proceeds from collection of notes receivable —  —  —  —  —  —  —  —  —  —  —  —  —  —  669  750  —  —  —  — 
Other investing activities (57) (406) 119  412  121  379  55  34  29  20  19  30  18  27  13  41  14  197  13  16 
Net cash used in investing activities (7,281) (15,197) (8,448) (1,847) (4,703) (8,945) (10,455) (5,388) (6,876) (10,408) (3,374) (7,846) (6,974) (14,404) (7,172) (2,851) (4,702) (13,045) (7,173) (6,245)
Net payments related to stock-based award activities (1,647) (1,357) (1,475) (1,241) (1,199) (1,131) (1,260) (1,175) (1,041) (1,253) (1,541) (1,158) (1,055) (1,018) (1,084) (1,009) (879) (815) (803) (807)
Repurchases of capital stock (7,904) (7,897) (6,852) (8,496) (6,098) (5,696) (3,577) (3,025) (2,650) (2,200) (2,052) (2,173) (2,101) —  (1,618) (1,127) —  —  (1,595) (2,098)
Proceeds from issuance of debt, net of costs —  9,863  —  1,898  —  —  2  315  —  530  1,545  4,691  1,593  2,698  —  —  —  2,976  1,797  3,956 
Repayments of debt (57) (61) (35) (1,947) (47) (145) (48) (345) (5) (555) (2,889) (3,378) (1,615) (2,706) (38) (18) (13) (3,250) (2,839) (3,962)
Proceeds from sale of interest in consolidated entities, net 338  (2) 864  1,600  18  18  137  47  950  —  —  —  —  320  —  480  —  —  —  — 
Net cash used in financing activities (9,270) 546  (7,498) (8,186) (7,326) (6,954) (4,746) (4,183) (2,746) (3,478) (4,937) (2,018) (3,178) (706) (2,740) (1,674) (892) (1,089) (3,440) (2,911)
Effect of exchange rate changes on cash and cash equivalents 210  35  51  (272) 68  (122) 13  18  (107) (29) (331) 165  18  108  88  191  (307) 68  9  60 
Net increase (decrease) in cash and cash equivalents 6,336  2,387  (1,902) 1,146  2,466  (555) (2,561) 2,447  3,258  (705) 1,490  1,943  134  (5,130) (2,421) 5,214  3,512  (4,221) (1,484) (1,438)

Based on: 10-K (filing date: 2021-02-03), 10-Q (filing date: 2020-10-30), 10-Q (filing date: 2020-07-31), 10-Q (filing date: 2020-04-29), 10-K (filing date: 2020-02-04), 10-Q (filing date: 2019-10-29), 10-Q (filing date: 2019-07-26), 10-Q (filing date: 2019-04-30), 10-K (filing date: 2019-02-05), 10-Q (filing date: 2018-10-26), 10-Q (filing date: 2018-07-24), 10-Q (filing date: 2018-04-24), 10-K (filing date: 2018-02-06), 10-Q (filing date: 2017-10-27), 10-Q (filing date: 2017-07-25), 10-Q (filing date: 2017-05-02), 10-K (filing date: 2017-02-03), 10-Q (filing date: 2016-11-03), 10-Q (filing date: 2016-08-04), 10-Q (filing date: 2016-05-03).

Cash flow statement item Description The company
Net cash provided by operating activities Amount of cash inflow (outflow) from operating activities, excluding discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Alphabet Inc.’s net cash provided by operating activities increased from Q2 2020 to Q3 2020 and from Q3 2020 to Q4 2020.
Net cash used in investing activities Amount of cash inflow (outflow) of investing activities, excluding discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. Alphabet Inc.’s net cash used in investing activities decreased from Q2 2020 to Q3 2020 but then increased from Q3 2020 to Q4 2020 exceeding Q2 2020 level.
Net cash used in financing activities Amount of cash inflow (outflow) of financing activities, excluding discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. Alphabet Inc.’s net cash used in financing activities increased from Q2 2020 to Q3 2020 but then decreased significantly from Q3 2020 to Q4 2020.