Supplemental Financial Statement Information (Tables)

12 Months Ended

Dec. 31, 2022

Balance Sheet Components Disclosure [Abstract]

Property and equipment, net, consisted of the following (in millions):


	As of December 31,
	2021		2022
Land and buildings	$	58,881	$	66,897
Information technology assets	55,606		66,267
Construction in progress	23,172		27,657
Leasehold improvements	9,146		10,575
Furniture and fixtures	208		314
Property and equipment, gross	147,013		171,710
Less: accumulated depreciation	(49,414)		(59,042)
Property and equipment, net	$	97,599	$	112,668

Schedule of accrued expenses and other current liabilities

Accrued expenses and other current liabilities consisted of the following (in millions):


	As of December 31,
	2021		2022
European Commission fines(1)	$	9,799	$	9,106
Accrued customer liabilities	3,505		3,619
Accrued purchases of property and equipment	2,415		3,019
Current operating lease liabilities	2,189		2,477
Other accrued expenses and current liabilities	14,136		19,645
Accrued expenses and other current liabilities	$	32,044	$	37,866

(1) While each EC decision is under appeal, the fines are included in accrued expenses and other current liabilities on our Consolidated Balance Sheets, as we provided bank guarantees (in lieu of a cash payment) for the fines. Amounts include the effects of foreign exchange and interest. See Note 10 for further details.

Components of accumulated other comprehensive income

Components of AOCI, net of income tax, were as follows (in millions):


	Foreign Currency Translation Adjustments		Unrealized Gains (Losses) on Available-for-Sale Investments		Unrealized Gains (Losses) on Cash Flow Hedges		Total
Balance as of December 31, 2019	$	(2,003)	$	812	$	(41)	$	(1,232)
Other comprehensive income (loss) before reclassifications	1,139		1,313		79		2,531
Amounts excluded from the assessment of hedge effectiveness recorded in AOCI	0		0		(37)		(37)
Amounts reclassified from AOCI	0		(513)		(116)		(629)
Other comprehensive income (loss)	1,139		800		(74)		1,865
Balance as of December 31, 2020	(864)		1,612		(115)		633
Other comprehensive income (loss) before reclassifications	(1,442)		(1,312)		668		(2,086)
Amounts excluded from the assessment of hedge effectiveness recorded in AOCI	0		0		48		48
Amounts reclassified from AOCI	0		(64)		(154)		(218)
Other comprehensive income (loss)	(1,442)		(1,376)		562		(2,256)
Balance as of December 31, 2021	(2,306)		236		447		(1,623)
Other comprehensive income (loss) before reclassifications	(1,836)		(4,720)		1,463		(5,093)
Amounts excluded from the assessment of hedge effectiveness recorded in AOCI	0		0		(188)		(188)
Amounts reclassified from AOCI	0		1,007		(1,706)		(699)
Other comprehensive income (loss)	(1,836)		(3,713)		(431)		(5,980)
Balance as of December 31, 2022	$	(4,142)	$	(3,477)	$	16	$	(7,603)

Schedule of effects on net income of amounts reclassified from accumulated OCI

The effects on net income of amounts reclassified from AOCI were as follows (in millions):


		Gains (Losses) Reclassified from AOCI to the Consolidated Statements of Income
		Year Ended December 31,
AOCI Components	Location	2020		2021		2022
Unrealized gains (losses) on available-for-sale investments
	Other income (expense), net	$	650	$	82	$	(1,291)
	Benefit (provision) for income taxes	(137)		(18)		284
	Net of income tax	513		64		(1,007)
Unrealized gains (losses) on cash flow hedges
Foreign exchange contracts	Revenue	144		165		2,046
Interest rate contracts	Other income (expense), net	6		6		6
	Benefit (provision) for income taxes	(34)		(17)		(346)
	Net of income tax	116		154		1,706
Total amount reclassified, net of income tax		$	629	$	218	$	699

Schedule of other income (expense), net

Components of OI&E were as follows (in millions):


	Year Ended December 31,
	2020		2021		2022
Interest income	$	1,865	$	1,499	$	2,174
Interest expense(1)	(135)		(346)		(357)
Foreign currency exchange gain (loss), net	(344)		(240)		(654)
Gain (loss) on debt securities, net	725		(110)		(2,064)
Gain (loss) on equity securities, net	5,592		12,380		(3,455)
Performance fees	(609)		(1,908)		798
Income (loss) and impairment from equity method investments, net	401		334		(337)
Other	(637)		411		381
Other income (expense), net	$	6,858	$	12,020	$	(3,514)

(1) Interest expense is net of interest capitalized of $218 million, $163 million, and $128 million for the years ended December 31, 2020, 2021, and 2022, respectively.