10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
ALPHABET INC. | |||
Ticker: GOOG Fiscal Year: 2022 | |||
CONSOLIDATED STATEMENTS OF INCOME | |||
Period Ending Dec 31, 2022 10-K (Filed: Feb 3, 2023) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
| Revenues | $ 282,836 | 257,637 | 182,527 |
| Costs and expenses: | |||
| Cost of revenues | 126,203 | 110,939 | 84,732 |
| Research and development | 39,500 | 31,562 | 27,573 |
| Sales and marketing | 26,567 | 22,912 | 17,946 |
| General and administrative | 15,724 | 13,510 | 11,052 |
| Total costs and expenses | 207,994 | 178,923 | 141,303 |
| Income from operations | 74,842 | 78,714 | 41,224 |
| Other income (expense), net | (3,514) | 12,020 | 6,858 |
| Total | 71,328 | 90,734 | 48,082 |
| Provision for income taxes | 11,356 | 14,701 | 7,813 |
| Net income | 59,972 | 76,033 | 40,269 |
| Basic net income per share of Class A, Class B, and Class C stock (in dollars per share) | 4.59 | 5.69 | 2.96 |
| Diluted net income per share of Class A, Class B, and Class C stock (in dollars per share) | 4.56 | 5.61 | 2.93 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
ALPHABET INC. | |||
Ticker: GOOG Fiscal Year: 2022 | |||
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME | |||
Period Ending Dec 31, 2022 10-K (Filed: Feb 3, 2023) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
| Net income | $ 59,972 | 76,033 | 40,269 |
| Other comprehensive income (loss): | |||
| Change in foreign currency translation adjustment | (1,836) | (1,442) | 1,139 |
| Available-for-sale investments: | |||
| Change in net unrealized gains (losses) | (4,720) | (1,312) | 1,313 |
| Less: reclassification adjustment for net (gains) losses included in net income | 1,007 | (64) | (513) |
| Net change, net of income tax benefit (expense) of $(230), $394, and $1,056 | (3,713) | (1,376) | 800 |
| Cash flow hedges: | |||
| Change in net unrealized gains (losses) | 1,275 | 716 | 42 |
| Less: reclassification adjustment for net (gains) losses included in net income | (1,706) | (154) | (116) |
| Net change, net of income tax benefit (expense) of $11, $(122), and $110 | (431) | 562 | (74) |
| Other comprehensive income (loss) | (5,980) | (2,256) | 1,865 |
| Comprehensive income | 53,992 | 73,777 | 42,134 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
ALPHABET INC. | |||
Ticker: GOOG Fiscal Year: 2022 | |||
CONSOLIDATED STATEMENTS OF CASH FLOWS | |||
Period Ending Dec 31, 2022 10-K (Filed: Feb 3, 2023) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
| Operating activities | |||
| Net income | $ 59,972 | 76,033 | 40,269 |
| Adjustments: | |||
| Depreciation and impairment of property and equipment | 15,287 | 11,555 | 12,905 |
| Amortization and impairment of intangible assets | 641 | 886 | 792 |
| Stock-based compensation expense | 19,362 | 15,376 | 12,991 |
| Deferred income taxes | (8,081) | 1,808 | 1,390 |
| (Gain) loss on debt and equity securities, net | 5,519 | (12,270) | (6,317) |
| Other | 1,030 | (213) | 1,267 |
| Changes in assets and liabilities, net of effects of acquisitions: | |||
| Accounts receivable, net | (2,317) | (9,095) | (6,524) |
| Income taxes, net | 584 | (625) | 1,209 |
| Other assets | (5,046) | (1,846) | (1,330) |
| Accounts payable | 707 | 283 | 694 |
| Accrued expenses and other liabilities | 3,915 | 7,304 | 5,504 |
| Accrued revenue share | (445) | 1,682 | 1,639 |
| Deferred revenue | 367 | 774 | 635 |
| Net cash provided by operating activities | 91,495 | 91,652 | 65,124 |
| Investing activities | |||
| Purchases of property and equipment | (31,485) | (24,640) | (22,281) |
| Purchases of marketable securities | (78,874) | (135,196) | (136,576) |
| Maturities and sales of marketable securities | 97,822 | 128,294 | 132,906 |
| Purchases of non-marketable securities | (2,531) | (2,838) | (7,175) |
| Maturities and sales of non-marketable securities | 150 | 934 | 1,023 |
| Acquisitions, net of cash acquired, and purchases of intangible assets | (6,969) | (2,618) | (738) |
| Other investing activities | 1,589 | 541 | 68 |
| Net cash used in investing activities | (20,298) | (35,523) | (32,773) |
| Financing activities | |||
| Net payments related to stock-based award activities | (9,300) | (10,162) | (5,720) |
| Repurchases of stock | (59,296) | (50,274) | (31,149) |
| Proceeds from issuance of debt, net of costs | 52,872 | 20,199 | 11,761 |
| Repayments of debt | (54,068) | (21,435) | (2,100) |
| Proceeds from sale of interest in consolidated entities, net | 35 | 310 | 2,800 |
| Net cash used in financing activities | (69,757) | (61,362) | (24,408) |
| Effect of exchange rate changes on cash and cash equivalents | (506) | (287) | 24 |
| Net increase (decrease) in cash and cash equivalents | 934 | (5,520) | 7,967 |
| Cash and cash equivalents at beginning of period | 20,945 | 26,465 | |
| Cash and cash equivalents at end of period | 21,879 | 20,945 | 26,465 |
| Supplemental disclosures of cash flow information | |||
| Cash paid for income taxes, net of refunds | 18,892 | 13,412 | 4,990 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
ALPHABET INC. | ||
Ticker: GOOG Fiscal Year: 2022 | ||
CONSOLIDATED BALANCE SHEETS | ||
Period Ending Dec 31, 2022 10-K (Filed: Feb 3, 2023) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2022 | Dec 31, 2021 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $ 21,879 | 20,945 |
| Marketable securities | 91,883 | 118,704 |
| Total cash, cash equivalents, and marketable securities | 113,762 | 139,649 |
| Accounts receivable, net | 40,258 | 39,304 |
| Inventory | 2,670 | 1,170 |
| Other current assets | 8,105 | 8,020 |
| Total current assets | 164,795 | 188,143 |
| Non-marketable securities | 30,492 | 29,549 |
| Deferred income taxes | 5,261 | 1,284 |
| Property and equipment, net | 112,668 | 97,599 |
| Operating lease assets | 14,381 | 12,959 |
| Intangible assets, net | 2,084 | 1,417 |
| Goodwill | 28,960 | 22,956 |
| Other non-current assets | 6,623 | 5,361 |
| Total assets | 365,264 | 359,268 |
| Liabilities and Stockholders Equity | ||
| Current liabilities: | ||
| Accounts payable | 5,128 | 6,037 |
| Accrued compensation and benefits | 14,028 | 13,889 |
| Accrued expenses and other current liabilities | 37,866 | 32,044 |
| Accrued revenue share | 8,370 | 8,996 |
| Deferred revenue | 3,908 | 3,288 |
| Total current liabilities | 69,300 | 64,254 |
| Long-term debt | 14,701 | 14,817 |
| Deferred revenue, non-current | 599 | 535 |
| Income taxes payable, non-current | 9,258 | 9,176 |
| Deferred income taxes | 514 | 5,257 |
| Operating lease liabilities | 12,501 | 11,389 |
| Other long-term liabilities | 2,247 | 2,205 |
| Total liabilities | 109,120 | 107,633 |
| Commitments and contingencies (Note 10) | ||
| Stockholders equity: | ||
| Preferred stock, $0.001 par value per share, 100 shares authorized; no shares issued and outstanding | 0 | 0 |
| Class A, Class B, and Class C stock and additional paid-in capital, $0.001 par value per share: 300,000 shares authorized (Class A 180,000, Class B 60,000, Class C 60,000); 13,242 (Class A 6,015, Class B 893, Class C 6,334) and 12,849 (Class A 5,964, Class B 883, Class C 6,002) shares issued and outstanding | 68,184 | 61,774 |
| Accumulated other comprehensive income (loss) | (7,603) | (1,623) |
| Retained earnings | 195,563 | 191,484 |
| Total stockholders equity | 256,144 | 251,635 |
| Total liabilities and stockholders equity | 365,264 | 359,268 |
| Common stock and capital stock, shares authorized (in shares) | 300,000,000,000 | 300,000,000,000 |
| External Links | |
| ALPHABET INC. (GOOG) Fiscal Year 2022 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |