Politics
Alphabet’s Future Spending Commitments Soar to $811 Billion
Key Points
Alphabet’s Future Spending Commitments Soar to $811 Billion Alphabet Inc.’s Google had $811 billion in contracted future spending commitments at the end of June, up nearly $500 billion from just three months earlier. The obligations, disclosed separately from Alphabet’s capital expenditure budget, represent purchases the company has already committed to making under supply agreements and open purchase orders. Roughly $200.7 billion of the total were short-term, Google disclosed in a...
Alphabet’s Future Spending Commitments Soar to $811 Billion
Alphabet Inc.’s Google had $811 billion in contracted future spending commitments at the end of June, up nearly $500 billion from just three months earlier.
The obligations, disclosed separately from Alphabet’s capital expenditure budget, represent purchases the company has already committed to making under supply agreements and open purchase orders. Roughly $200.7 billion of the total were short-term, Google disclosed in a quarterly filing.