v3.24.1.u1
Revenues
3 Months Ended
Mar. 31, 2024
Revenue from Contract with Customer [Abstract]  
Revenues Revenues
Disaggregated Revenues
The following table presents revenues disaggregated by type (in millions):
Three Months Ended
March 31,
20232024
Google Search & other$40,359 $46,156 
YouTube ads6,693 8,090 
Google Network7,496 7,413 
Google advertising54,548 61,659 
Google subscriptions, platforms, and devices
7,413 8,739 
Google Services total61,961 70,398 
Google Cloud7,454 9,574 
Other Bets288 495 
Hedging gains (losses)84 72 
Total revenues$69,787 $80,539 
The following table presents revenues disaggregated by geography, based on the addresses of our customers (in millions):
 Three Months Ended
March 31,
 20232024
United States$32,864 47 %$38,737 48 %
EMEA(1)
21,078 30 23,788 30 
APAC(1)
11,681 17 13,289 16 
Other Americas(1)
4,080 4,653 
Hedging gains (losses)84 72 
Total revenues$69,787 100 %$80,539 100 %
(1)    Regions represent Europe, the Middle East, and Africa (EMEA); Asia-Pacific (APAC); and Canada and Latin America ("Other Americas").
Revenue Backlog
As of March 31, 2024, we had $72.5 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, 2023 was $5.0 billion, of which $2.4 billion was recognized as revenues during the three months ended March 31, 2024.