Google Inc. (Alphabet Inc. CONSOLIDATEDBALANCE SHEETS (In millions, except share and par value amounts which are reflected in thousands, and par value per share amounts) As of As of December 31,2016 Deæmber 31, 2017 Assets Current asets Cash and cash equivakents 12,918 73,415 10,715 91,156 Marketable securities 86,333 101.871 Total cash, cash equivalents, and marketable securities Accounts eeivable, net of allowance of $467 and $674 14,137 18336 Income taxes eæivable, net 95 369 Inventory 268 749 Other current assets 4,575 105,408 2,983 124,308 Total cument assets Non-marketahle investments Dekmd income tanes 5,878 383 7,813 680 Property and equipment, net Intangible assets, et 34,234 3,307 42 383 2692 Goodwill 16,468 1,819 16,747 2672 Ocher non-cure nt asets Total aets 167,497 197,295 Liabilities and Stodholden' Equity Current liabilities Accounts payable Accrued compenation and benefits Accrued ex pemes and other current liabilities 2041 3,137 3,976 6,144 4,581 10,177 Accrued evenue share 2,942 1099 3,975 1,432 Deemedevenue Income taxes payable, net Total cument liabilities 554 881 16,756 24,183 Long-em debt Deked revenue, non-curent 3,935 3,969 202 340 Income taes payable, non-current Deeed income tanes 4,677 12,812 226 430 Other long-term liabilities 2,665 28,461 3,059 44,793 Total liabilities Commitments and contingencies Stockhokders' equity: Comertible preeed stock, $0.001 par value per share, 100,000 shaes authorized; no shares issued and outstanding Class A and Class B common stock, and Class C capital stock and additional paid-in capital, $0.001 par value per share: 15,000,000 shares authorized (Class A 9,000,000, Clas B 3,000,000, Class C 3,000,000); 691,293 (Class A 296,992, Class B 47,437, Class C 346,864) and 694,783 (Clas A 298,470, Class B 46,972. Class C 349,341) shares issued and outstanding Accumulated other comprehensive loss Retained earnings Total stockhokders' equity Total liabilities and stockhokdens' equity 36,307 40,247 (2,402) 105,131 (992) 113,247 139036 152,502 197,295 167,497 Google is part of Alphabet, but we loosely reer to Alphabet as "Google" because af its global familiarity and that Google provides 99% of Alphabet's $110,8S5 billion in revenues.
Google Inc. (Alphabet Inc. CONSOLIDATEDBALANCE SHEETS (In millions, except share and par value amounts which are reflected in thousands, and par value per share amounts) As of As of December 31,2016 Deæmber 31, 2017 Assets Current asets Cash and cash equivakents 12,918 73,415 10,715 91,156 Marketable securities 86,333 101.871 Total cash, cash equivalents, and marketable securities Accounts eeivable, net of allowance of $467 and $674 14,137 18336 Income taxes eæivable, net 95 369 Inventory 268 749 Other current assets 4,575 105,408 2,983 124,308 Total cument assets Non-marketahle investments Dekmd income tanes 5,878 383 7,813 680 Property and equipment, net Intangible assets, et 34,234 3,307 42 383 2692 Goodwill 16,468 1,819 16,747 2672 Ocher non-cure nt asets Total aets 167,497 197,295 Liabilities and Stodholden' Equity Current liabilities Accounts payable Accrued compenation and benefits Accrued ex pemes and other current liabilities 2041 3,137 3,976 6,144 4,581 10,177 Accrued evenue share 2,942 1099 3,975 1,432 Deemedevenue Income taxes payable, net Total cument liabilities 554 881 16,756 24,183 Long-em debt Deked revenue, non-curent 3,935 3,969 202 340 Income taes payable, non-current Deeed income tanes 4,677 12,812 226 430 Other long-term liabilities 2,665 28,461 3,059 44,793 Total liabilities Commitments and contingencies Stockhokders' equity: Comertible preeed stock, $0.001 par value per share, 100,000 shaes authorized; no shares issued and outstanding Class A and Class B common stock, and Class C capital stock and additional paid-in capital, $0.001 par value per share: 15,000,000 shares authorized (Class A 9,000,000, Clas B 3,000,000, Class C 3,000,000); 691,293 (Class A 296,992, Class B 47,437, Class C 346,864) and 694,783 (Clas A 298,470, Class B 46,972. Class C 349,341) shares issued and outstanding Accumulated other comprehensive loss Retained earnings Total stockhokders' equity Total liabilities and stockhokdens' equity 36,307 40,247 (2,402) 105,131 (992) 113,247 139036 152,502 197,295 167,497 Google is part of Alphabet, but we loosely reer to Alphabet as "Google" because af its global familiarity and that Google provides 99% of Alphabet's $110,8S5 billion in revenues.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Refer to Google’s most recent
accounts listed as current liabilities.
![Google Inc. (Alphabet Inc.
CONSOLIDATEDBALANCE SHEETS
(In millions, except share and par value amounts which are reflected in thousands,
and par value per share amounts)
As of
As of
December 31,2016
Deæmber 31, 2017
Assets
Current asets
Cash and cash equivakents
12,918
73,415
10,715
91,156
Marketable securities
86,333
101.871
Total cash, cash equivalents, and marketable securities
Accounts eeivable, net of allowance of $467 and $674
14,137
18336
Income taxes eæivable, net
95
369
Inventory
268
749
Other current assets
4,575
105,408
2,983
124,308
Total cument assets
Non-marketahle investments
Dekmd income tanes
5,878
383
7,813
680
Property and equipment, net
Intangible assets, et
34,234
3,307
42 383
2692
Goodwill
16,468
1,819
16,747
2672
Ocher non-cure nt asets
Total aets
167,497
197,295
Liabilities and Stodholden' Equity
Current liabilities
Accounts payable
Accrued compenation and benefits
Accrued ex pemes and other current liabilities
2041
3,137
3,976
6,144
4,581
10,177
Accrued evenue share
2,942
1099
3,975
1,432
Deemedevenue
Income taxes payable, net
Total cument liabilities
554
881
16,756
24,183
Long-em debt
Deked revenue, non-curent
3,935
3,969
202
340
Income taes payable, non-current
Deeed income tanes
4,677
12,812
226
430
Other long-term liabilities
2,665
28,461
3,059
44,793
Total liabilities
Commitments and contingencies
Stockhokders' equity:
Comertible preeed stock, $0.001 par value per share, 100,000 shaes
authorized; no shares issued and outstanding
Class A and Class B common stock, and Class C capital stock and
additional paid-in capital, $0.001 par value per share: 15,000,000
shares authorized (Class A 9,000,000, Clas B 3,000,000,
Class C 3,000,000); 691,293 (Class A 296,992, Class B 47,437,
Class C 346,864) and 694,783 (Clas A 298,470, Class B 46,972.
Class C 349,341) shares issued and outstanding
Accumulated other comprehensive loss
Retained earnings
Total stockhokders' equity
Total liabilities and stockhokdens' equity
36,307
40,247
(2,402)
105,131
(992)
113,247
139036
152,502
197,295
167,497
Google is part of Alphabet, but we loosely reer to Alphabet as "Google" because af its global
familiarity and that Google provides 99% of Alphabet's $110,8S5 billion in revenues.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F67ba80e0-fd60-4726-b25f-3c6981c90c10%2F8c0fe0e3-fae9-4067-b539-e4563ea15ded%2Fdh8aqqu_processed.png&w=3840&q=75)
Transcribed Image Text:Google Inc. (Alphabet Inc.
CONSOLIDATEDBALANCE SHEETS
(In millions, except share and par value amounts which are reflected in thousands,
and par value per share amounts)
As of
As of
December 31,2016
Deæmber 31, 2017
Assets
Current asets
Cash and cash equivakents
12,918
73,415
10,715
91,156
Marketable securities
86,333
101.871
Total cash, cash equivalents, and marketable securities
Accounts eeivable, net of allowance of $467 and $674
14,137
18336
Income taxes eæivable, net
95
369
Inventory
268
749
Other current assets
4,575
105,408
2,983
124,308
Total cument assets
Non-marketahle investments
Dekmd income tanes
5,878
383
7,813
680
Property and equipment, net
Intangible assets, et
34,234
3,307
42 383
2692
Goodwill
16,468
1,819
16,747
2672
Ocher non-cure nt asets
Total aets
167,497
197,295
Liabilities and Stodholden' Equity
Current liabilities
Accounts payable
Accrued compenation and benefits
Accrued ex pemes and other current liabilities
2041
3,137
3,976
6,144
4,581
10,177
Accrued evenue share
2,942
1099
3,975
1,432
Deemedevenue
Income taxes payable, net
Total cument liabilities
554
881
16,756
24,183
Long-em debt
Deked revenue, non-curent
3,935
3,969
202
340
Income taes payable, non-current
Deeed income tanes
4,677
12,812
226
430
Other long-term liabilities
2,665
28,461
3,059
44,793
Total liabilities
Commitments and contingencies
Stockhokders' equity:
Comertible preeed stock, $0.001 par value per share, 100,000 shaes
authorized; no shares issued and outstanding
Class A and Class B common stock, and Class C capital stock and
additional paid-in capital, $0.001 par value per share: 15,000,000
shares authorized (Class A 9,000,000, Clas B 3,000,000,
Class C 3,000,000); 691,293 (Class A 296,992, Class B 47,437,
Class C 346,864) and 694,783 (Clas A 298,470, Class B 46,972.
Class C 349,341) shares issued and outstanding
Accumulated other comprehensive loss
Retained earnings
Total stockhokders' equity
Total liabilities and stockhokdens' equity
36,307
40,247
(2,402)
105,131
(992)
113,247
139036
152,502
197,295
167,497
Google is part of Alphabet, but we loosely reer to Alphabet as "Google" because af its global
familiarity and that Google provides 99% of Alphabet's $110,8S5 billion in revenues.
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