==== What is the capital expenditure of Alphabet in Q2 2024? ====
tags | capex, capital spending

Get the earnings report
  * Go to https://abc.xyz/investor/
    * You can also go there via https://abc.xyz/ -> Investors
  * 2024 -> Q2 -> Earnings Release
  * This will take you to https://abc.xyz/assets/19/e4/3dc1d4d6439c81206370167db1bd/2024q2-alphabet-earnings-release.pdf

Go to the cash flow statement
  * This is pg-6 in the above pdf
  * It is titled "consolidated statements of cash flows"

Search for "Purchases of property and equipment".

The value in "Purchases of property and equipment" is the capital expenditure. For example, in the pdf it is shown as

^ ^ Quarter ended June 30, 2023 ^ Quarter ended June 30, 2024 ^ Year to date June 30, 2023 ^ Year to date June 30, 2024 ^
| ... | ... | ... | ... | ... |
| **Investing activities** | | | | |
| Purchases of property and equipment | (6,888) | (13,186) | (13,177) | (25,198) |
| ... | ... | ... | ... | ... |

So Alphabet's capital expenditure in Q2 2024 is \$13,186 millions, and in Q2 2023 it is \$6,888 millions.

Ref:
  * https://www.barrons.com/amp/articles/google-alphabet-earnings-stock-price-d05c4830 tells us that Alphabet spent \$13.2 billion in Q2 2024 (quarter ending in June 2024), \$12 billion in Q1 2024 (quarter ending in March 2024), \$7 billion in Q2 2023 (quarter ending in June 2023).
    * The Q2 2024 and Q2 2023 values match with the above numbers (when rounded).
    * The capex in Q1 2024 can be found using the above process.
      * Q1 2024 results are in https://abc.xyz/assets/91/b3/3f9213d14ce3ae27e1038e01a0e0/2024q1-alphabet-earnings-release-pdf.pdf.
      * Cash flow statement is in pg-7
      * "Purchases of property and equipment" is \$12,012 millions which matches with the Barron's article.

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