Alphabet Inc. (GOOG) [Rocket]

In millions, except per share items	Dec-31-22	Jun-30-22	Mar-31-22	Dec-31-21	Sep-30-21	Jun-30-21	Mar-31-21	Dec-31-20
	8-K	10-Q	8-K	8-K	8-K	10-Q	10-Q	10-K
Operating activities
Net income		72,016	74,539	76,033	70,618	62,929	51,363	40,269

Adjustments:
Depreciation and impairment of property and equipment			12,621	11,555	11,879	12,083	12,531	12,905
Amortization and impairment of intangible assets			849	886	848	818	811	792
Stock-based compensation expense			16,135	15,376	14,645	13,966	13,545	12,991
Deferred income taxes			-1,382	1,808	1,862	3,285	2,315	1,390
Other						335	715	1,267
Changes in assets and liabilities, net of effects of acquisitions:
Accounts receivable			-7,525	-9,095	-8,721	-9,913	-6,332	-6,524
Income taxes, net			2,410	-625	3,484	374	2,239	1,209
Other assets			-2,629	-1,846	-2,185	-1,163	-1,208	-1,330
Accounts payable			-1,108	283	89	271	547	694
Accrued expenses and other liabilities						7,804	5,505	5,504
Accrued revenue share			1,298	1,682	1,748	2,360	2,066	1,639
Deferred revenue						621	735	635
Net cash provided by operating activities		91,581	97,469	91,652	89,395	80,859	72,962	65,124

Investing activities
Purchases of property and equipment						-22,323	-22,218	-22,281
Purchases of marketable securities			-127,232	-135,196	-126,750	-133,074	-135,439	-136,576
Maturities and sales of marketable securities			118,825	128,294	127,281	127,699	130,343	132,906
Purchases of non-marketable securities						-7,276	-7,249	-7,175
Maturities and sales of non-marketable securities						806	782	1,023
Acquisitions, net of cash acquired, and purchases of intangible assets						-2,357	-2,214	-738
Other investing activities			866	541	384	-410	-314	68
Net cash used in investing activities			-39,191	-35,523	-31,788	-36,935	-36,309	-32,773

Financing activities
Net payments related to stock-based award activities						-7,641	-6,663	-5,720
Repurchases of stock						-39,992	-34,048	-31,149
Proceeds from issuance of debt, net of costs						17,462	10,763
Repayments of debt						-8,796	-1,090	-2,100
Proceeds from sale of interest in consolidated entities, net						646	1,210	2,800
Net cash used in financing activities			-63,970	-61,362	-54,121	-38,321	-29,828	-24,408
Effect of exchange rate changes on cash and cash equivalents						285	153	24