v3.24.0.1
Revenues
12 Months Ended
Dec. 31, 2023
Revenue from Contract with Customer [Abstract]  
Revenues Revenues
Disaggregated Revenues
The following table presents revenues disaggregated by type (in millions):
Year Ended December 31,
202120222023
Google Search & other$148,951 $162,450 $175,033 
YouTube ads28,845 29,243 31,510 
Google Network31,701 32,780 31,312 
Google advertising209,497 224,473 237,855 
Google subscriptions, platforms, and devices
28,032 29,055 34,688 
Google Services total237,529 253,528 272,543 
Google Cloud19,206 26,280 33,088 
Other Bets753 1,068 1,527 
Hedging gains (losses)149 1,960 236 
Total revenues$257,637 $282,836 $307,394 
No individual customer or groups of affiliated customers represented more than 10% of our revenues in 2021, 2022, or 2023.
The following table presents revenues disaggregated by geography, based on the addresses of our customers (in millions):
Year Ended December 31,
 202120222023
United States$117,854 46 %$134,814 48 %$146,286 47 %
EMEA(1)
79,107 31 82,062 29 91,038 30 
APAC(1)
46,123 18 47,024 16 51,514 17 
Other Americas(1)
14,404 16,976 18,320 
Hedging gains (losses)149 1,960 236 
Total revenues$257,637 100 %$282,836 100 %$307,394 100 %
(1)    Regions represent Europe, the Middle East, and Africa (EMEA); Asia-Pacific (APAC); and Canada and Latin America ("Other Americas").
Revenue Backlog
As of December 31, 2023, we had $74.1 billion of remaining performance obligations (“revenue backlog”), primarily related to Google Cloud. Our revenue backlog represents commitments in customer contracts for future services that have not yet been recognized as revenue. The estimated revenue backlog and timing of revenue recognition for these commitments is largely driven by our ability to deliver in accordance with relevant contract terms and when our customers utilize services. We expect to recognize approximately half of the revenue backlog as revenues over the next 24 months with the remaining to be recognized thereafter. Revenue backlog includes related deferred revenue currently recorded as well as amounts that will be invoiced in future periods, and excludes contracts with an original expected term of one year or less and cancellable contracts.
Deferred Revenues
We record deferred revenues when cash payments are received or due in advance of our performance, including amounts which are refundable. Deferred revenues primarily relate to Google Cloud and Google subscriptions, platforms, and devices. Total deferred revenue as of December 31, 2022 was $4.5 billion, of which $2.4 billion was recognized as revenues for the year ended December 31, 2023.