Stock Analysis on Net

Alphabet Inc. (NASDAQ:GOOG)

Statement of Comprehensive Income 

Comprehensive income is the change in equity (net assets) of a business enterprise during a period from transactions and other events and circumstances from non-owners sources. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners.

Alphabet Inc., consolidated statement of comprehensive income

US$ in millions

Microsoft Excel
12 months ended: Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Net income 73,795 59,972 76,033 40,269 34,343
Change in foreign currency translation adjustment 735 (1,836) (1,442) 1,139 (119)
Change in net unrealized gains (losses) 1,344 (4,720) (1,312) 1,313 1,611
Reclassification adjustment for net (gains) losses included in net income 1,168 1,007 (64) (513) (111)
Net change in available-for-sale investments, net of tax 2,512 (3,713) (1,376) 800 1,500
Change in net unrealized gains (losses) 168 1,275 716 42 22
Reclassification adjustment for net (gains) losses included in net income (214) (1,706) (154) (116) (299)
Net change in cash flow hedges, net of tax (46) (431) 562 (74) (277)
Other comprehensive income (loss) 3,201 (5,980) (2,256) 1,865 1,104
Comprehensive income 76,996 53,992 73,777 42,134 35,447

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

Comprehensive income item Description The company
Net income The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Alphabet Inc. net income decreased from 2021 to 2022 but then increased from 2022 to 2023 not reaching 2021 level.
Comprehensive income Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Exclude changes in equity resulting from investments by owners and distributions to owners. Alphabet Inc. comprehensive income decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level.