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Alphabet Inc.
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CONSOLIDATED BALANCE SHEETS
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(In millions, except share amounts which are reflected in thousands and par value per share amounts)
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December 31, 2016 March 31, 2017
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(unaudited)
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Assets
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Current assets:
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Cash and cash equivalents $12,918 $18,132
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Marketable securities 73,415 74,307
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Total cash, cash equivalents, and marketable securities 86,333 92,439
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Accounts receivable, net of allowance of $467 and $489 14,137 12,913
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Income taxes receivable, net 95 56
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Inventory 268 280
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Prepaid revenue share, expenses and other assets 4,575 3,106
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Total current assets 105,408 108,794
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Prepaid revenue share, expenses and other assets, non-current 1,819 1,846
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Non-marketable investments 5,878 6,131
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Deferred income taxes 383 365
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Property and equipment, net 34,234 35,936
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Intangible assets, net 3,307 3,137
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Goodwill 16,468 16,547
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Total assets $167,497 $172,756
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Liabilities and Stockholders’ Equity
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Current liabilities:
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Accounts payable $2,041 $2,306
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Accrued compensation and benefits 3,976 2,673
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Accrued expenses and other current liabilities 6,144 5,438
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Accrued revenue share 2,942 2,888
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Deferred revenue 1,099 1,148
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Income taxes payable, net 554 803
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Total current liabilities 16,756 15,256
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Long-term debt 3,935 3,937
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Deferred revenue, non-current 202 323
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Income taxes payable, non-current 4,677 4,924
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Deferred income taxes 226 604
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Other long-term liabilities 2,665 2,763
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Total liabilities 28,461 27,807
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Commitments and contingencies
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Stockholders’ equity:
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Convertible preferred stock, $0.001 par value per share, 100,000 shares authorized; no shares issued and outstanding 0 0
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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, Class B 3,000,000, Class C 3,000,000); 691,293 (Class A 296,992, Class B 47,437, Class C 346,864) and 692,108 (Class A 297,600, Class B 47,164, Class C 347,344) shares issued and outstanding 36,307 37,698
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Accumulated other comprehensive loss (2,402) (2,169)
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Retained earnings 105,131 109,420
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Total stockholders’ equity 139,036 144,949
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Total liabilities and stockholders’ equity $167,497 $172,756
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