Use Google's December 31, 2017 financial statements. In Appendix. A to answer the following: a Identify the amounts (in $ millions) of its 2017 (1) assets, (2) labilities, and (3) equity (Enter your answers in millions of dollars.) (1) Assets (2) Liabilities (3) Equity - Using amounts from part a, verify that Assets - Liabilities - Equity (Enter your answers in millions of dollars.) Liabilities Equity Assets 197,295 As of December 31, 2017 10,715 91.156 101271 18.336 18 7.19 2.983 124.18 7.813 630 42.383 2692 16,747 2672 197.295 5 Google Inc. (Alphabet Inc.) CONSOLIDATED BALANCE SHEETS (In millions, except share and par value amounts which are reflected in thousands, and par value per share amounts) As of December 31, 2016 Ats Current Cash and chequivalent 12.018 Murtable securities 73.415 Tocal dish equivalent and market securities 16,333 Accounts receivable, net of allowance of $167 and 5674 14,137 Income taxes cable net 95 Inventory 268 Other current 4.575 Tocal cases 105,405 Non marketable investment 5.878 Deferred income taxes Property and en 3424 Intangible asset net 3.307 Goodwill 16.466 Otheron-current 1.819 Total 167,497 Elabilities and Stockholders' Equity Current liabilities Accounts payable $ 2,041 Accrund.compensation and benefits 1.976 Accrued expenses and other current liabilities 6,146 Accrued revenues 2012 Deferred revenge 1.099 Income tax payable, et 554 Tocal current liabilities 16.756 Long-term dhe 3.935 Deferred revenue soncurrent 202 Income taxes payable, n-current 4673 Deferred income 226 Other long-term Bibilities Total liabilities 28.461 Commitments and contingencies Stockholders' quity Convertible preferred stock. 50.001 par value por sure. 100.000 shares thorized to share issued and outstanding D Class A and Class common stock, and Clas Capital sock and additional paid in capital: 50.00 per value per are 15.000.000 shares thorized (Class A 9,000,000. Class 3,000,000 Class 3,000,000 691,193 (Class A 296,992. Class B 47.437 Class 446,864) and 694,783 Class A 298,470. Class 46.972 Class C 349.341) shares hasued and outstanding 36.207 Accumulated other comprehensive low (2.402) Retained earnings 105.131 Total stockholders' equity 129,036 Total liabilities and stockholders equity 5 167.497 3,137 4381 10.177 1975 1.432 Si 24,183 1969 300 12.12 430 3059 44,793 2.665 0 40.247 (992) 113.247 152.502 197,195 5 Google is part of Alphabet, but we loosely refer to Alphabet as "Google" because of its global familiarity and that Google provides 99% of Alphaber's 5110,655 billion in revence See accompanying notes AD 2016 KOTT 2017 11055 . 12.90 10 16 12 Google Inc. (Alphabet Inc.) CONSOLIDATED STATEMENTS OF INCOME In millions) 2015 Remas Codex Cast of Rearch and development 122 Sales and market 9041 General de IM European Commissie Toulons and expenses 55629 Income from 19 Other income expense 291 Income before com 1951 Pro for income taxes 3.300 Netico Les Ametlla Capital okolien Net Income to the SEN 2716 36 21.715 44 20150 4672 ATE 0 19.4 Titus Ion 27.09 14:51 120 5 5 5 5 Google is part of Alphabet eller to Alphabets "Google" because of in global familiarity and that Google proides 90% of Alphaber $110.355 billion in rever See accompanying 2016 19,478 2017 12. 5 999) Google Inc. (Alphabet loc." CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (In millions) Year Ended December 31 2015 Netico 16 Other.comchemi ve income out Chiccy translation me (1.07) Available Chcia) (715) Le monde (g) les included in income Ne feleto29, 50, SO (507) Cash flow hedges Queen Bed gim.co Le reclasuficient for stores included in net income (1.000) Nie changes to effect of 15.5 327 Other comprehensive income down (1100) Compare income 14 $ 03141 307 105 os SIS (IST) (638) 93 5453 1410 (528 TROSO 14072 Google is part of Alphabet, but we owe Alphabet "Google because of global familiarity and the Google provides of Alphabet's $110.355 billion menu See accompanying A-12 Google Inc. (Alphabet Inc." CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (In millions, exeept share amounts which are reflected in thousands) Claw A and Claw Common Stock, Clanc Accumulated Capital Stock and Other Total Additional Paid In Capital Comprehensive Retained Stackholders Shares Amet Income (La) Farning Equity Balance of December 31, 2014 601723 2.7675 27 S 75.65 Common and capital stock 3.714 0 0 66 Stock-based companies 0 5.151 O 5:15 Stock-based compensation tax benefits 0 RIS 0 0 815 Tex with red to vestingsted and 0 0.729) 0 o 779) Repurchases of capital stock 2.191) (111) 0 (1.669) 1.780) At Payment Claus Capital sockholders 175 D 5220 Net income 0 D 16348 16. 148 Other comprehensive los 0 (1.901) 1.901 Balance as of December 31, 2015 6718 89.321 120.331 Cumstative effect of accounting 0 180 0 (133) 47 Common and capital stocked 9,106 298 0 0 29 Steckbare compensation expen 0 6.700 O o 6.200 Tht withholding related to vesting of restricted sock units 0 G.597) 0 0 3.597) Reparchase of capital stock (5.161) (256) 0 3,437) 3,6930 Net Income 0 0 0 19.478 Other compreuve los 0 0 528) 0 (525) Balance as of December 31, 2016 691.293 36307 (2.4021 105.131 139,036 Cumulative effect of accounting change 0 (15) (15) Common und capital stock issued 8.652 212 0 212 Stock-based compensation expense 0 7,694 0 0 Tex withholding related to vesting of restricted stock units 7.694 0 (4.373) 0 0 14.373) Repurchase of capital stock 05.162) 315) Sale of subsidiary shares 4.531) D 222 0 0 722 Net income D 0 0 12.662 12,662 Other comprehensive low 0 D 1.410 0 1.410 Boleto December 31, 2017 1781 S 102475 1992) 1132475 152.502 Google is part of Alphabet, but we loosely refer to Alphabet a "Google" because of its plobul familiarity and that Google provides 99of Alphabet's $110.855 billion in revenues See accompanying notes 19.478 OOOOOO Google Inc. (Alphabet Inc." CONSOLIDATED STATEMENTS OF CASH FLOWS in millions) 2015 2016 2017 Tvard December 31 5 16 5 1947 $ New CO 911 5.20 63 7779 250 194 137 174 2.57 312 2.00 (179) (31) 200 1.592 19 1 72 110 1.SIS 593 22 to CLIA 731 491 955 77 ( (102123 340 054500 Depreciation and of property and Apmehe Smed.com Defence Los embleeme O Changes in sets and abilities, not of effects of wat Acerol Income Other Accounts payable Amol experties Accord Delen Netch provided by operating at Investing activities Purchases of property and equipment Photos from disse property and get Purchases of the securities Maurities and marble curities Porno mesto Maurities and we are este Cashcoleled to securities and Investments in energets Act of cash red and cheese intangibles Proceeds from collection of cevable Net cachwed in investing activities Financing activities Net payments related heart Adjustment Paymes Capital holder Repurchases of capital sock Proceeds from oldet, of Repayment of debe Proceeds from ale diary Nech und in financing activities Efeschinge ne changes on cash and cash valents Net decrease in cash and chequivalents Cash and cost equivalents at beginning of period Cash and cash equivalents at end of period 950 35 (14) 62.905 2.326) 156 3503 425 (26) 0 (23211 (1.109 96 22426 450 1956 3.1959 73.95 (1.745) 530 0 0 27 149 31.03 GOOGLE (1.165) 200 (4166) (4463 175) HT (1.70 13.705 233) D 14.325) (494) (1798 IR 12 1h 50 0 0933 8.729 (10.066) 0 (170 631) 16 S10 12018 30 16.2981 405 12.203 12915 10.215 5 6191 5 5 361 96 5 5 34 5 Supplemental discours of cash flow information Cash paid for at set of refund Cash paid for interest, et capitalized Google is part of Alphabet we losely refer to Alphabet as "Google" became of it. slobal familiarity and the Google perides 97of Alphabet's $110x55 billion in rere See accompanying notes