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Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 217.55 Td (Large accelerated filer) Tj ET Q /GS0 gs q 8.02 0 0 8.78 274.95 215.47 cm /I7 Do Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 291.00 217.55 Td (  ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 347.00 217.55 Td (Accelerated filer) Tj ET Q /GS0 gs q 8.02 0 0 8.78 547.00 215.47 cm /I8 Do Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 203.80 Td (Non-accelerated filer ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 194.80 Td (\(Do not check if a smaller reporting company\)) Tj ET Q /GS0 gs q 8.02 0 0 8.78 274.95 197.47 cm /I9 Do Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 347.00 199.55 Td (Smaller reporting company) Tj ET Q /GS0 gs q 8.02 0 0 8.78 547.00 197.47 cm /I10 Do Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 181.55 Td (Emerging growth company) Tj ET Q /GS0 gs q 8.02 0 0 8.78 274.95 179.47 cm /I11 Do Q BT /F1 10.00 Tf ET BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 160.55 Td (If ) Tj ET Q q 0 0 0 rg BT 57.66 160.55 Td (an ) Tj ET Q q 0 0 0 rg BT 70.33 160.55 Td (emerging ) Tj ET Q q 0 0 0 rg BT 110.52 160.55 Td (growth ) Tj ET Q q 0 0 0 rg BT 140.19 160.55 Td (company) Tj ET Q q 0 0 0 rg BT 176.04 160.55 Td (, ) Tj ET Q q 0 0 0 rg BT 181.20 160.55 Td (indicate ) Tj ET Q q 0 0 0 rg BT 214.89 160.55 Td (by ) Tj ET Q q 0 0 0 rg BT 227.05 160.55 Td (check ) Tj ET Q q 0 0 0 rg BT 253.23 160.55 Td (mark ) Tj ET Q q 0 0 0 rg BT 275.89 160.55 Td (if ) Tj ET Q q 0 0 0 rg BT 283.05 160.55 Td (the ) Tj ET Q q 0 0 0 rg BT 298.22 160.55 Td (registrant ) Tj ET Q q 0 0 0 rg BT 338.40 160.55 Td (has ) Tj ET Q q 0 0 0 rg BT 355.57 160.55 Td (elected ) Tj ET Q q 0 0 0 rg BT 387.26 160.55 Td (not ) Tj ET Q q 0 0 0 rg BT 402.43 160.55 Td (to ) Tj ET Q q 0 0 0 rg BT 412.60 160.55 Td (use ) Tj ET Q q 0 0 0 rg BT 429.77 160.55 Td (the ) Tj ET Q q 0 0 0 rg BT 444.94 160.55 Td (extended ) Tj ET Q q 0 0 0 rg BT 484.64 160.55 Td (transition ) Tj ET Q q 0 0 0 rg BT 523.82 160.55 Td (period ) Tj ET Q q 0 0 0 rg BT 551.50 160.55 Td (for ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 149.75 Td (complying ) Tj ET Q q 0 0 0 rg BT 91.86 149.75 Td (with ) Tj ET Q q 0 0 0 rg BT 109.21 149.75 Td (any ) Tj ET Q q 0 0 0 rg BT 125.06 149.75 Td (new ) Tj ET Q q 0 0 0 rg BT 142.91 149.75 Td (or ) Tj ET Q q 0 0 0 rg BT 152.25 149.75 Td (revised ) Tj ET Q q 0 0 0 rg BT 182.61 149.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 216.97 149.75 Td (accounting ) Tj ET Q q 0 0 0 rg BT 261.85 149.75 Td (standards ) Tj ET Q q 0 0 0 rg BT 302.71 149.75 Td (provided ) Tj ET Q q 0 0 0 rg BT 338.58 149.75 Td (pursuant ) Tj ET Q q 0 0 0 rg BT 374.94 149.75 Td (to ) Tj ET Q q 0 0 0 rg BT 383.79 149.75 Td (Section ) Tj ET Q q 0 0 0 rg BT 415.15 149.75 Td (13\(a\) ) Tj ET Q q 0 0 0 rg BT 437.50 149.75 Td (of ) Tj ET Q q 0 0 0 rg BT 446.35 149.75 Td (the ) Tj ET Q q 0 0 0 rg BT 460.20 149.75 Td (Exchange ) Tj ET Q q 0 0 0 rg BT 501.31 149.75 Td (Act.   ) Tj ET Q q 0 0 0 rg BT 523.16 149.75 Td ( ) Tj ET Q q 0 0 0 rg BT 524.50 149.75 Td ( ) Tj ET Q q 0 0 0 rg BT 525.84 149.75 Td ( ) Tj ET Q q 0 0 0 rg BT 527.18 149.75 Td ( ) Tj ET Q q 0 0 0 rg BT 528.52 149.75 Td ( ) Tj ET Q q 0 0 0 rg BT 529.87 149.75 Td ( ) Tj ET Q q 0 0 0 rg BT 531.21 149.75 Td ( ) Tj ET Q q 0 0 0 rg BT 532.55 149.75 Td ( ) Tj ET Q q 0 0 0 rg BT 533.89 149.75 Td ( ) Tj ET Q q 0 0 0 rg BT 535.23 149.75 Td ( ) Tj ET Q q 0 0 0 rg BT 536.57 149.75 Td ( ) Tj ET Q q 0 0 0 rg BT 537.92 149.75 Td ( ) Tj ET Q q 0 0 0 rg BT 539.26 149.75 Td ( ) Tj ET Q q 0 0 0 rg BT 540.60 149.75 Td ( ) Tj ET Q q 0 0 0 rg BT 541.94 149.75 Td ( ) Tj ET Q q 0 0 0 rg BT 543.28 149.75 Td ( ) Tj ET Q q 0 0 0 rg BT 544.63 149.75 Td ( ) Tj ET Q q 0 0 0 rg BT 545.97 149.75 Td ( ) Tj ET Q q 0 0 0 rg BT 547.31 149.75 Td ( ) Tj ET Q q 0 0 0 rg BT 548.65 149.75 Td ( ) Tj ET Q q 0 0 0 rg BT 549.99 149.75 Td ( ) Tj ET Q q 0 0 0 rg BT 551.33 149.75 Td ( ) Tj ET Q q 0 0 0 rg BT 552.68 149.75 Td ( ) Tj ET Q /GS0 gs q 8.02 0 0 9.45 554.02 147.86 cm /I12 Do Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 132.95 Td (Indicate ) Tj ET Q q 0 0 0 rg BT 83.84 132.95 Td (by ) Tj ET Q q 0 0 0 rg BT 95.66 132.95 Td (check ) Tj ET Q q 0 0 0 rg BT 121.49 132.95 Td (mark ) Tj ET Q q 0 0 0 rg BT 143.81 132.95 Td (whether ) Tj ET Q q 0 0 0 rg BT 178.15 132.95 Td (the ) Tj ET Q q 0 0 0 rg BT 192.98 132.95 Td (registrant ) Tj ET Q q 0 0 0 rg BT 232.81 132.95 Td (is ) Tj ET Q q 0 0 0 rg BT 241.63 132.95 Td (a ) Tj ET Q q 0 0 0 rg BT 248.95 132.95 Td (shell ) Tj ET Q q 0 0 0 rg BT 269.78 132.95 Td (company ) Tj ET Q q 0 0 0 rg BT 308.62 132.95 Td (\(as ) Tj ET Q q 0 0 0 rg BT 323.44 132.95 Td (defined ) Tj ET Q q 0 0 0 rg BT 355.28 132.95 Td (in ) Tj ET Q q 0 0 0 rg BT 364.61 132.95 Td (Rule ) Tj ET Q q 0 0 0 rg BT 385.44 132.95 Td (12b-2 ) Tj ET Q q 0 0 0 rg BT 410.77 132.95 Td (of ) Tj ET Q q 0 0 0 rg BT 420.60 132.95 Td (the ) Tj ET Q q 0 0 0 rg BT 435.43 132.95 Td (Exchange ) Tj ET Q q 0 0 0 rg BT 477.31 132.95 Td (Act\).?) Tj ET Q q 0 0 0 rg BT 500.48 132.95 Td (Y) Tj ET Q q 0 0 0 rg BT 505.66 132.95 Td (es ) Tj ET Q q 0 0 0 rg BT 517.48 132.95 Td ( ) Tj ET Q /GS0 gs q 8.02 0 0 9.45 519.80 131.06 cm /I13 Do Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 527.82 132.95 Td (    No ) Tj ET Q q 0 0 0 rg BT 551.65 132.95 Td ( ) Tj ET Q /GS0 gs q 8.02 0 0 9.45 553.97 131.06 cm /I14 Do Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 116.15 Td (As ) Tj ET Q q 0 0 0 rg BT 64.29 116.15 Td (of ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 74.84 116.15 Td (April?8, ) Tj ET Q q 0 0 0 rg BT 111.65 116.15 Td (2018) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 131.67 116.15 Td (, ) Tj ET Q q 0 0 0 rg BT 137.96 116.15 Td (there ) Tj ET Q q 0 0 0 rg BT 162.26 116.15 Td (were? Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 184.27 116.15 Td (298,656,198) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 234.32 116.15 Td ( ) Tj ET Q q 0 0 0 rg BT 238.11 116.15 Td (shares ) Tj ET Q q 0 0 0 rg BT 268.92 116.15 Td (of ) Tj ET Q q 0 0 0 rg BT 279.46 116.15 Td (Alphabet? Tj ET Q q 0 0 0 rg BT 316.83 116.15 Td (s ) Tj ET Q q 0 0 0 rg BT 325.12 116.15 Td (Class? Tj ET Q q 0 0 0 rg BT 349.63 116.15 Td (A) Tj ET Q q 0 0 0 rg BT 355.13 116.15 Td ( ) Tj ET Q q 0 0 0 rg BT 358.93 116.15 Td (common ) Tj ET Q q 0 0 0 rg BT 397.23 116.15 Td (stock ) Tj ET Q q 0 0 0 rg BT 422.03 116.15 Td (outstanding, ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 474.86 116.15 Td (46,940,340) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 519.90 116.15 Td ( ) Tj ET Q q 0 0 0 rg BT 523.69 116.15 Td (shares ) Tj ET Q q 0 0 0 rg BT 554.50 116.15 Td (of ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 105.35 Td (Alphabet's ) Tj ET Q q 0 0 0 rg BT 94.25 105.35 Td (Class B ) Tj ET Q q 0 0 0 rg BT 127.76 105.35 Td (common ) Tj ET Q q 0 0 0 rg BT 164.77 105.35 Td (stock ) Tj ET Q q 0 0 0 rg BT 188.27 105.35 Td (outstanding, ) Tj ET Q q 0 0 0 rg BT 239.81 105.35 Td (and ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 257.33 105.35 Td (348,952,225) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 307.38 105.35 Td ( ) Tj ET Q q 0 0 0 rg BT 309.88 105.35 Td (shares ) Tj ET Q q 0 0 0 rg BT 339.39 105.35 Td (of ) Tj ET Q q 0 0 0 rg BT 348.90 105.35 Td (Alphabet's ) Tj ET Q q 0 0 0 rg BT 393.15 105.35 Td (Class ) Tj ET Q q 0 0 0 rg BT 418.16 105.35 Td (C ) Tj ET Q q 0 0 0 rg BT 427.16 105.35 Td (capital ) Tj ET Q q 0 0 0 rg BT 455.67 105.35 Td (stock ) Tj ET Q q 0 0 0 rg BT 479.18 105.35 Td (outstanding.) Tj ET Q 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 1 J 1 j 3 M 50 89.35000000000002 m 562 89.35000000000002 l s BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 1 J 1 j 3 M 50 77.35000000000002 m 562 77.35000000000002 l s BT /F1 10.00 Tf ET endstream endobj 5 0 obj <><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><>] /Rotate 0 /Contents 6 0 R>> endobj 6 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 53 767.1939453125 m 130.8271484375 767.1939453125 l s q 0 0 1 rg BT 53.00 768.62 Td (T) Tj ET Q q 0 0 1 rg BT 58.00 768.62 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.396078431372549 0.396078431372549 0.396078431372549 rg BT 494.20 768.62 Td (Alphabet Inc.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.85 31.25 Td (i) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 274.60 741.75 Td (Alphabet Inc.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 280.95 729.75 Td (Form 10-Q) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 194.85 717.75 Td (For the Quarterly Period Ended ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 345.99 717.75 Td (March 31, 2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 417.14 717.75 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 252.45 699.75 Td (T) Tj ET Q q 0 0 0 rg BT 257.82 699.75 Td (ABLE OF CONTENTS) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520.5 670.25 m 561.5 670.25 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 674.48 Td (? Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 101.00 674.48 Td (? Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 523.35 674.48 Td (Page No.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 53 659.0439453125 m 233.654296875 659.0439453125 l s q 0 0 1 rg BT 53.00 660.47 Td (Note ) Tj ET Q q 0 0 1 rg BT 76.35 660.47 Td (About Forward-Looking Statements) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 53 628.88525390625 m 216.876953125 628.88525390625 l s q 0 0 1 rg BT 53.00 630.47 Td (P) Tj ET Q q 0 0 1 rg BT 58.93 630.47 Td (ART I. FINANCIAL) Tj ET Q q 0 0 1 rg BT 144.29 630.47 Td ( INFORMA) Tj ET Q q 0 0 1 rg BT 192.99 630.47 Td (TION) Tj ET Q BT /F2 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 615.47 Td (Item?) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 101 614.0439453125 m 247.748046875 614.0439453125 l s q 0 0 1 rg BT 101.00 615.47 Td (Financial Statements \(unaudited\)) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 113 599.0439453125 m 432.6484375 599.0439453125 l s q 0 0 1 rg BT 113.00 600.47 Td (Consolidated Balance Sheets - December 31, 2017 and March 31, 2018) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 113 584.0439453125 m 490.2705078125 584.0439453125 l s q 0 0 1 rg BT 113.00 585.47 Td (Consolidated Statements of Income - ) Tj ET Q q 0 0 1 rg BT 280.13 585.47 Td (Three Months Ended March 31, 2017 and 2018) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 113 569.0439453125 m 496.349609375 569.0439453125 l s q 0 0 1 rg BT 113.00 570.47 Td (Consolidated Statements of Comprehensive Income - ) Tj ET Q q 0 0 1 rg BT 352.94 570.47 Td (Three Months Ended March 31, ) Tj ET Q BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 113 559.0439453125 m 179.7333984375 559.0439453125 l s q 0 0 1 rg BT 113.00 560.47 Td (2017 and 2018) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 113 544.0439453125 m 509.7138671875 544.0439453125 l s q 0 0 1 rg BT 113.00 545.47 Td (Consolidated Statements of Cash Flows - ) Tj ET Q q 0 0 1 rg BT 299.57 545.47 Td (Three Months Ended March 31, 2017 and 2018) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 113 529.0439453125 m 307.55078125 529.0439453125 l s q 0 0 1 rg BT 113.00 530.47 Td (Notes to Consolidated Financial Statements) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 515.47 Td (Item?) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 101 514.0439453125 m 493.8076171875 514.0439453125 l s q 0 0 1 rg BT 101.00 515.47 Td (Management? Tj ET Q q 0 0 1 rg BT 161.41 515.47 Td (s Discussion and ) Tj ET Q q 0 0 1 rg BT 239.23 515.47 Td (Analysis of Financial Condition and Results of Operations) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 500.47 Td (Item?) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 101 499.0439453125 m 362.23046875 499.0439453125 l s q 0 0 1 rg BT 101.00 500.47 Td (Quantitative and Qualitative Disclosures ) Tj ET Q q 0 0 1 rg BT 280.54 500.47 Td (About Market Risk) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 485.47 Td (Item?) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 101 484.0439453125 m 211.615234375 484.0439453125 l s q 0 0 1 rg BT 101.00 485.47 Td (Controls and Procedures) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 53 453.88525390625 m 200.9541015625 453.88525390625 l s q 0 0 1 rg BT 53.00 455.47 Td (P) Tj ET Q q 0 0 1 rg BT 58.93 455.47 Td (ART II. OTHER INFORMA) Tj ET Q q 0 0 1 rg BT 177.07 455.47 Td (TION) Tj ET Q BT /F2 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 440.47 Td (Item?) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 101 439.0439453125 m 183.8369140625 439.0439453125 l s q 0 0 1 rg BT 101.00 440.47 Td (Legal Proceedings) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 425.47 Td (Item?A) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 101 424.0439453125 m 156.5615234375 424.0439453125 l s q 0 0 1 rg BT 101.00 425.47 Td (Risk Factors) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 410.47 Td (Item 2) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 101 409.0439453125 m 370.5849609375 409.0439453125 l s q 0 0 1 rg BT 101.00 410.47 Td (Unregistered Sales of Equity Securities and Use of Proceeds) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 395.47 Td (Item 5) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 101 394.0439453125 m 178.8125 394.0439453125 l s q 0 0 1 rg BT 101.00 395.47 Td (Other Information) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 380.47 Td (Item?) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 101 379.0439453125 m 136.0146484375 379.0439453125 l s q 0 0 1 rg BT 101.00 380.47 Td (Exhibits) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 101 364.0439453125 m 143.8076171875 364.0439453125 l s q 0 0 1 rg BT 101.00 365.47 Td (Signature) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.40 660.47 Td (1) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.40 615.47 Td (3) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.40 600.47 Td (3) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.40 585.47 Td (4) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.40 570.47 Td (5) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.40 545.47 Td (6) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.40 530.47 Td (7) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.85 515.47 Td (30) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.85 500.47 Td (42) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.85 485.47 Td (42) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.85 440.47 Td (43) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.85 425.47 Td (43) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.85 410.47 Td (43) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.85 395.47 Td (43) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.85 380.47 Td (44) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.85 365.47 Td (45) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 7 0 obj <>] /Rotate 0 /Contents 8 0 R>> endobj 8 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 53 767.1939453125 m 130.8271484375 767.1939453125 l s q 0 0 1 rg BT 53.00 768.62 Td (T) Tj ET Q q 0 0 1 rg BT 58.00 768.62 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.396078431372549 0.396078431372549 0.396078431372549 rg BT 494.20 768.62 Td (Alphabet Inc.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.20 31.25 Td (1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 186.45 741.75 Td (NOTE ) Tj ET Q q 0 0 0 rg BT 216.64 741.75 Td (ABOUT FOR) Tj ET Q q 0 0 0 rg BT 275.89 741.75 Td (W) Tj ET Q q 0 0 0 rg BT 284.78 741.75 Td (ARD-LOOKING ST) Tj ET Q q 0 0 0 rg BT 371.25 741.75 Td (A) Tj ET Q q 0 0 0 rg BT 377.73 741.75 Td (TEMENTS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 723.75 Td (This ) Tj ET Q q 0 0 0 rg BT 96.86 723.75 Td (Quarterly ) Tj ET Q q 0 0 0 rg BT 141.95 723.75 Td (Report ) Tj ET Q q 0 0 0 rg BT 175.94 723.75 Td (on ) Tj ET Q q 0 0 0 rg BT 191.03 723.75 Td (Form ) Tj ET Q q 0 0 0 rg BT 218.33 723.75 Td (10-Q ) Tj ET Q q 0 0 0 rg BT 244.53 723.75 Td (contains ) Tj ET Q q 0 0 0 rg BT 285.74 723.75 Td (forward-looking ) Tj ET Q q 0 0 0 rg BT 358.08 723.75 Td (statements ) Tj ET Q q 0 0 0 rg BT 410.96 723.75 Td (within ) Tj ET Q q 0 0 0 rg BT 440.49 723.75 Td (the ) Tj ET Q q 0 0 0 rg BT 458.36 723.75 Td (meaning ) Tj ET Q q 0 0 0 rg BT 500.69 723.75 Td (of ) Tj ET Q q 0 0 0 rg BT 513.00 723.75 Td (the ) Tj ET Q q 0 0 0 rg BT 530.87 723.75 Td (Private ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 711.75 Td (Securities ) Tj ET Q q 0 0 0 rg BT 96.68 711.75 Td (Litigation ) Tj ET Q q 0 0 0 rg BT 139.49 711.75 Td (Reform ) Tj ET Q q 0 0 0 rg BT 174.50 711.75 Td (Act ) Tj ET Q q 0 0 0 rg BT 191.73 711.75 Td (of ) Tj ET Q q 0 0 0 rg BT 202.85 711.75 Td (1995. ) Tj ET Q q 0 0 0 rg BT 230.47 711.75 Td (These ) Tj ET Q q 0 0 0 rg BT 261.04 711.75 Td (statements ) Tj ET Q q 0 0 0 rg BT 312.73 711.75 Td (include, ) Tj ET Q q 0 0 0 rg BT 349.98 711.75 Td (among ) Tj ET Q q 0 0 0 rg BT 383.33 711.75 Td (other ) Tj ET Q q 0 0 0 rg BT 408.90 711.75 Td (things, ) Tj ET Q q 0 0 0 rg BT 441.14 711.75 Td (statements ) Tj ET Q q 0 0 0 rg BT 492.83 711.75 Td (regarding:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 699.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 699.75 Td (the ) Tj ET Q q 0 0 0 rg BT 102.93 699.75 Td (growth ) Tj ET Q q 0 0 0 rg BT 135.98 699.75 Td (of ) Tj ET Q q 0 0 0 rg BT 147.35 699.75 Td (our ) Tj ET Q q 0 0 0 rg BT 164.83 699.75 Td (business ) Tj ET Q q 0 0 0 rg BT 207.33 699.75 Td (and ) Tj ET Q q 0 0 0 rg BT 227.05 699.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 271.21 699.75 Td (and ) Tj ET Q q 0 0 0 rg BT 290.93 699.75 Td (our ) Tj ET Q q 0 0 0 rg BT 308.41 699.75 Td (expectations ) Tj ET Q q 0 0 0 rg BT 367.59 699.75 Td (about ) Tj ET Q q 0 0 0 rg BT 395.65 699.75 Td (the ) Tj ET Q q 0 0 0 rg BT 412.58 699.75 Td (factors ) Tj ET Q q 0 0 0 rg BT 445.62 699.75 Td (that ) Tj ET Q q 0 0 0 rg BT 465.33 699.75 Td (influence ) Tj ET Q q 0 0 0 rg BT 508.39 699.75 Td (our ) Tj ET Q q 0 0 0 rg BT 525.87 699.75 Td (success ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 687.75 Td (and ) Tj ET Q q 0 0 0 rg BT 105.46 687.75 Td (trends ) Tj ET Q q 0 0 0 rg BT 136.03 687.75 Td (in ) Tj ET Q q 0 0 0 rg BT 146.60 687.75 Td (our ) Tj ET Q q 0 0 0 rg BT 163.83 687.75 Td (business;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 675.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 675.75 Td (our ) Tj ET Q q 0 0 0 rg BT 103.80 675.75 Td (plans ) Tj ET Q q 0 0 0 rg BT 131.06 675.75 Td (to ) Tj ET Q q 0 0 0 rg BT 142.75 675.75 Td (continue ) Tj ET Q q 0 0 0 rg BT 183.91 675.75 Td (to ) Tj ET Q q 0 0 0 rg BT 195.59 675.75 Td (invest ) Tj ET Q q 0 0 0 rg BT 225.07 675.75 Td (in ) Tj ET Q q 0 0 0 rg BT 236.20 675.75 Td (new ) Tj ET Q q 0 0 0 rg BT 257.89 675.75 Td (businesses, ) Tj ET Q q 0 0 0 rg BT 314.05 675.75 Td (products, ) Tj ET Q q 0 0 0 rg BT 358.53 675.75 Td (services ) Tj ET Q q 0 0 0 rg BT 398.56 675.75 Td (and ) Tj ET Q q 0 0 0 rg BT 418.59 675.75 Td (technologies, ) Tj ET Q q 0 0 0 rg BT 480.87 675.75 Td (systems, ) Tj ET Q q 0 0 0 rg BT 523.67 675.75 Td (facilities, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 663.75 Td (and ) Tj ET Q q 0 0 0 rg BT 105.48 663.75 Td (infrastructure, ) Tj ET Q q 0 0 0 rg BT 169.41 663.75 Td (to ) Tj ET Q q 0 0 0 rg BT 180.54 663.75 Td (continue ) Tj ET Q q 0 0 0 rg BT 221.14 663.75 Td (to ) Tj ET Q q 0 0 0 rg BT 232.28 663.75 Td (hire ) Tj ET Q q 0 0 0 rg BT 251.75 663.75 Td (aggressively ) Tj ET Q q 0 0 0 rg BT 310.12 663.75 Td (and ) Tj ET Q q 0 0 0 rg BT 329.60 663.75 Td (provide ) Tj ET Q q 0 0 0 rg BT 365.19 663.75 Td (competitive ) Tj ET Q q 0 0 0 rg BT 418.56 663.75 Td (compensation ) Tj ET Q q 0 0 0 rg BT 483.62 663.75 Td (programs, ) Tj ET Q q 0 0 0 rg BT 531.43 663.75 Td (as ) Tj ET Q q 0 0 0 rg BT 544.78 663.75 Td (well ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 651.75 Td (as ) Tj ET Q q 0 0 0 rg BT 99.34 651.75 Td (to ) Tj ET Q q 0 0 0 rg BT 110.46 651.75 Td (continue ) Tj ET Q q 0 0 0 rg BT 151.04 651.75 Td (to ) Tj ET Q q 0 0 0 rg BT 162.16 651.75 Td (invest ) Tj ET Q q 0 0 0 rg BT 191.06 651.75 Td (in ) Tj ET Q q 0 0 0 rg BT 201.63 651.75 Td (acquisitions;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 639.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 639.75 Td (seasonal ) Tj ET Q q 0 0 0 rg BT 130.30 639.75 Td (fluctuations ) Tj ET Q q 0 0 0 rg BT 185.16 639.75 Td (in ) Tj ET Q q 0 0 0 rg BT 197.22 639.75 Td (internet ) Tj ET Q q 0 0 0 rg BT 234.85 639.75 Td (usage ) Tj ET Q q 0 0 0 rg BT 266.37 639.75 Td (and ) Tj ET Q q 0 0 0 rg BT 287.32 639.75 Td (advertiser ) Tj ET Q q 0 0 0 rg BT 335.50 639.75 Td (expenditures, ) Tj ET Q q 0 0 0 rg BT 399.82 639.75 Td (underlying ) Tj ET Q q 0 0 0 rg BT 450.23 639.75 Td (business ) Tj ET Q q 0 0 0 rg BT 493.97 639.75 Td (trends ) Tj ET Q q 0 0 0 rg BT 526.04 639.75 Td (such ) Tj ET Q q 0 0 0 rg BT 551.44 639.75 Td (as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 627.75 Td (traditional ) Tj ET Q q 0 0 0 rg BT 133.49 627.75 Td (retail ) Tj ET Q q 0 0 0 rg BT 159.30 627.75 Td (seasonality) Tj ET Q q 0 0 0 rg BT 208.59 627.75 Td (, ) Tj ET Q q 0 0 0 rg BT 215.50 627.75 Td (and ) Tj ET Q q 0 0 0 rg BT 236.32 627.75 Td (macroeconomic ) Tj ET Q q 0 0 0 rg BT 311.03 627.75 Td (conditions, ) Tj ET Q q 0 0 0 rg BT 362.98 627.75 Td (which ) Tj ET Q q 0 0 0 rg BT 392.68 627.75 Td (are ) Tj ET Q q 0 0 0 rg BT 411.26 627.75 Td (likely ) Tj ET Q q 0 0 0 rg BT 437.62 627.75 Td (to ) Tj ET Q q 0 0 0 rg BT 450.10 627.75 Td (cause ) Tj ET Q q 0 0 0 rg BT 480.92 627.75 Td (fluctuations ) Tj ET Q q 0 0 0 rg BT 535.63 627.75 Td (in ) Tj ET Q q 0 0 0 rg BT 547.55 627.75 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 615.75 Td (quarterly ) Tj ET Q q 0 0 0 rg BT 127.68 615.75 Td (results;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 603.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 603.75 Td (the ) Tj ET Q q 0 0 0 rg BT 102.68 603.75 Td (potential ) Tj ET Q q 0 0 0 rg BT 143.27 603.75 Td (for ) Tj ET Q q 0 0 0 rg BT 157.71 603.75 Td (declines ) Tj ET Q q 0 0 0 rg BT 197.18 603.75 Td (in ) Tj ET Q q 0 0 0 rg BT 207.74 603.75 Td (our ) Tj ET Q q 0 0 0 rg BT 224.97 603.75 Td (revenue ) Tj ET Q q 0 0 0 rg BT 263.89 603.75 Td (growth ) Tj ET Q q 0 0 0 rg BT 296.68 603.75 Td (rate;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 591.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 591.75 Td (our ) Tj ET Q q 0 0 0 rg BT 102.49 591.75 Td (expectation ) Tj ET Q q 0 0 0 rg BT 155.67 591.75 Td (that ) Tj ET Q q 0 0 0 rg BT 174.39 591.75 Td (we ) Tj ET Q q 0 0 0 rg BT 189.21 591.75 Td (will ) Tj ET Q q 0 0 0 rg BT 205.13 591.75 Td (continue ) Tj ET Q q 0 0 0 rg BT 244.97 591.75 Td (to ) Tj ET Q q 0 0 0 rg BT 255.35 591.75 Td (take ) Tj ET Q q 0 0 0 rg BT 276.29 591.75 Td (steps ) Tj ET Q q 0 0 0 rg BT 302.23 591.75 Td (to ) Tj ET Q q 0 0 0 rg BT 312.60 591.75 Td (improve ) Tj ET Q q 0 0 0 rg BT 350.20 591.75 Td (the ) Tj ET Q q 0 0 0 rg BT 366.14 591.75 Td (relevance ) Tj ET Q q 0 0 0 rg BT 411.54 591.75 Td (of ) Tj ET Q q 0 0 0 rg BT 421.91 591.75 Td (the ) Tj ET Q q 0 0 0 rg BT 437.85 591.75 Td (ads ) Tj ET Q q 0 0 0 rg BT 456.01 591.75 Td (we ) Tj ET Q q 0 0 0 rg BT 470.83 591.75 Td (deliver ) Tj ET Q q 0 0 0 rg BT 502.32 591.75 Td (and ) Tj ET Q q 0 0 0 rg BT 521.04 591.75 Td (to ) Tj ET Q q 0 0 0 rg BT 531.42 591.75 Td (reduce ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 579.75 Td (the ) Tj ET Q q 0 0 0 rg BT 102.68 579.75 Td (number ) Tj ET Q q 0 0 0 rg BT 139.36 579.75 Td (of ) Tj ET Q q 0 0 0 rg BT 150.48 579.75 Td (accidental ) Tj ET Q q 0 0 0 rg BT 198.29 579.75 Td (clicks;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 567.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 567.75 Td (fluctuations ) Tj ET Q q 0 0 0 rg BT 138.62 567.75 Td (in ) Tj ET Q q 0 0 0 rg BT 148.44 567.75 Td (our ) Tj ET Q q 0 0 0 rg BT 164.94 567.75 Td (revenue ) Tj ET Q q 0 0 0 rg BT 203.11 567.75 Td (growth, ) Tj ET Q q 0 0 0 rg BT 237.94 567.75 Td (as ) Tj ET Q q 0 0 0 rg BT 250.54 567.75 Td (well ) Tj ET Q q 0 0 0 rg BT 269.80 567.75 Td (as ) Tj ET Q q 0 0 0 rg BT 282.40 567.75 Td (the ) Tj ET Q q 0 0 0 rg BT 298.34 567.75 Td (change ) Tj ET Q q 0 0 0 rg BT 333.19 567.75 Td (in ) Tj ET Q q 0 0 0 rg BT 343.01 567.75 Td (paid ) Tj ET Q q 0 0 0 rg BT 363.95 567.75 Td (clicks ) Tj ET Q q 0 0 0 rg BT 390.43 567.75 Td (and ) Tj ET Q q 0 0 0 rg BT 409.16 567.75 Td (cost-per-click ) Tj ET Q q 0 0 0 rg BT 470.09 567.75 Td (on ) Tj ET Q q 0 0 0 rg BT 483.25 567.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 517.53 567.75 Td (properties ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 555.75 Td (and ) Tj ET Q q 0 0 0 rg BT 104.78 555.75 Td (the ) Tj ET Q q 0 0 0 rg BT 120.78 555.75 Td (change ) Tj ET Q q 0 0 0 rg BT 155.68 555.75 Td (in ) Tj ET Q q 0 0 0 rg BT 165.56 555.75 Td (impressions ) Tj ET Q q 0 0 0 rg BT 221.01 555.75 Td (and ) Tj ET Q q 0 0 0 rg BT 239.79 555.75 Td (cost-per-impression ) Tj ET Q q 0 0 0 rg BT 329.69 555.75 Td (on ) Tj ET Q q 0 0 0 rg BT 342.91 555.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 377.25 555.75 Td (Network ) Tj ET Q q 0 0 0 rg BT 416.02 555.75 Td (Members? Tj ET Q q 0 0 0 rg BT 459.54 555.75 Td ( ) Tj ET Q q 0 0 0 rg BT 461.64 555.75 Td (properties, ) Tj ET Q q 0 0 0 rg BT 510.98 555.75 Td (and ) Tj ET Q q 0 0 0 rg BT 529.76 555.75 Td (various ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 543.75 Td (factors ) Tj ET Q q 0 0 0 rg BT 118.79 543.75 Td (contributing ) Tj ET Q q 0 0 0 rg BT 173.27 543.75 Td (to ) Tj ET Q q 0 0 0 rg BT 184.38 543.75 Td (such ) Tj ET Q q 0 0 0 rg BT 208.29 543.75 Td (fluctuations;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 531.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 531.75 Td (our ) Tj ET Q q 0 0 0 rg BT 103.36 531.75 Td (expectation ) Tj ET Q q 0 0 0 rg BT 157.41 531.75 Td (that ) Tj ET Q q 0 0 0 rg BT 177.00 531.75 Td (our ) Tj ET Q q 0 0 0 rg BT 194.36 531.75 Td (foreign ) Tj ET Q q 0 0 0 rg BT 227.84 531.75 Td (exchange ) Tj ET Q q 0 0 0 rg BT 274.11 531.75 Td (risk ) Tj ET Q q 0 0 0 rg BT 292.57 531.75 Td (management ) Tj ET Q q 0 0 0 rg BT 353.85 531.75 Td (program ) Tj ET Q q 0 0 0 rg BT 393.99 531.75 Td (will ) Tj ET Q q 0 0 0 rg BT 410.78 531.75 Td (not ) Tj ET Q q 0 0 0 rg BT 427.59 531.75 Td (fully ) Tj ET Q q 0 0 0 rg BT 448.28 531.75 Td (of) Tj ET Q q 0 0 0 rg BT 456.44 531.75 Td (fset ) Tj ET Q q 0 0 0 rg BT 475.46 531.75 Td (our ) Tj ET Q q 0 0 0 rg BT 492.82 531.75 Td (net ) Tj ET Q q 0 0 0 rg BT 509.63 531.75 Td (exposure ) Tj ET Q q 0 0 0 rg BT 553.67 531.75 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 519.75 Td (fluctuations ) Tj ET Q q 0 0 0 rg BT 139.36 519.75 Td (in ) Tj ET Q q 0 0 0 rg BT 149.93 519.75 Td (foreign ) Tj ET Q q 0 0 0 rg BT 183.28 519.75 Td (currency ) Tj ET Q q 0 0 0 rg BT 224.40 519.75 Td (exchange ) Tj ET Q q 0 0 0 rg BT 270.55 519.75 Td (rates;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 507.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 507.75 Td (the ) Tj ET Q q 0 0 0 rg BT 103.29 507.75 Td (expected ) Tj ET Q q 0 0 0 rg BT 147.26 507.75 Td (variability ) Tj ET Q q 0 0 0 rg BT 192.33 507.75 Td (of ) Tj ET Q q 0 0 0 rg BT 204.05 507.75 Td (costs ) Tj ET Q q 0 0 0 rg BT 230.78 507.75 Td (related ) Tj ET Q q 0 0 0 rg BT 264.74 507.75 Td (to ) Tj ET Q q 0 0 0 rg BT 276.47 507.75 Td (hedging ) Tj ET Q q 0 0 0 rg BT 315.44 507.75 Td (activities ) Tj ET Q q 0 0 0 rg BT 357.17 507.75 Td (under ) Tj ET Q q 0 0 0 rg BT 386.14 507.75 Td (our ) Tj ET Q q 0 0 0 rg BT 403.98 507.75 Td (foreign ) Tj ET Q q 0 0 0 rg BT 437.94 507.75 Td (exchange ) Tj ET Q q 0 0 0 rg BT 484.69 507.75 Td (risk ) Tj ET Q q 0 0 0 rg BT 503.63 507.75 Td (management ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 495.75 Td (program;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 483.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 483.75 Td (the ) Tj ET Q q 0 0 0 rg BT 102.68 483.75 Td (anticipated ) Tj ET Q q 0 0 0 rg BT 153.83 483.75 Td (ef) Tj ET Q q 0 0 0 rg BT 161.99 483.75 Td (fect ) Tj ET Q q 0 0 0 rg BT 180.88 483.75 Td (of, ) Tj ET Q q 0 0 0 rg BT 194.78 483.75 Td (and ) Tj ET Q q 0 0 0 rg BT 214.24 483.75 Td (our ) Tj ET Q q 0 0 0 rg BT 231.47 483.75 Td (response ) Tj ET Q q 0 0 0 rg BT 275.39 483.75 Td (to, ) Tj ET Q q 0 0 0 rg BT 289.29 483.75 Td (new ) Tj ET Q q 0 0 0 rg BT 310.41 483.75 Td (accounting ) Tj ET Q q 0 0 0 rg BT 361.56 483.75 Td (pronouncements;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 471.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 471.75 Td (our ) Tj ET Q q 0 0 0 rg BT 101.93 471.75 Td (expectation ) Tj ET Q q 0 0 0 rg BT 154.56 471.75 Td (that ) Tj ET Q q 0 0 0 rg BT 172.72 471.75 Td (our ) Tj ET Q q 0 0 0 rg BT 188.65 471.75 Td (cost ) Tj ET Q q 0 0 0 rg BT 208.47 471.75 Td (of ) Tj ET Q q 0 0 0 rg BT 218.29 471.75 Td (revenues, ) Tj ET Q q 0 0 0 rg BT 263.69 471.75 Td (research ) Tj ET Q q 0 0 0 rg BT 304.08 471.75 Td (and ) Tj ET Q q 0 0 0 rg BT 322.24 471.75 Td (development ) Tj ET Q q 0 0 0 rg BT 380.98 471.75 Td (expenses, ) Tj ET Q q 0 0 0 rg BT 428.05 471.75 Td (sales ) Tj ET Q q 0 0 0 rg BT 452.87 471.75 Td (and ) Tj ET Q q 0 0 0 rg BT 471.04 471.75 Td (marketing ) Tj ET Q q 0 0 0 rg BT 516.42 471.75 Td (expenses, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 459.75 Td (and ) Tj ET Q q 0 0 0 rg BT 104.19 459.75 Td (general ) Tj ET Q q 0 0 0 rg BT 139.05 459.75 Td (and ) Tj ET Q q 0 0 0 rg BT 157.24 459.75 Td (administrative ) Tj ET Q q 0 0 0 rg BT 220.44 459.75 Td (expenses ) Tj ET Q q 0 0 0 rg BT 264.75 459.75 Td (will ) Tj ET Q q 0 0 0 rg BT 280.14 459.75 Td (increase ) Tj ET Q q 0 0 0 rg BT 319.44 459.75 Td (in ) Tj ET Q q 0 0 0 rg BT 328.73 459.75 Td (dollars ) Tj ET Q q 0 0 0 rg BT 359.69 459.75 Td (and ) Tj ET Q q 0 0 0 rg BT 377.88 459.75 Td (may ) Tj ET Q q 0 0 0 rg BT 398.28 459.75 Td (increase ) Tj ET Q q 0 0 0 rg BT 437.58 459.75 Td (as ) Tj ET Q q 0 0 0 rg BT 449.64 459.75 Td (a ) Tj ET Q q 0 0 0 rg BT 456.71 459.75 Td (percentage ) Tj ET Q q 0 0 0 rg BT 508.25 459.75 Td (of ) Tj ET Q q 0 0 0 rg BT 518.10 459.75 Td (revenues;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 447.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 447.75 Td (our ) Tj ET Q q 0 0 0 rg BT 103.23 447.75 Td (potential ) Tj ET Q q 0 0 0 rg BT 143.82 447.75 Td (exposure ) Tj ET Q q 0 0 0 rg BT 187.73 447.75 Td (in ) Tj ET Q q 0 0 0 rg BT 198.29 447.75 Td (connection ) Tj ET Q q 0 0 0 rg BT 249.44 447.75 Td (with ) Tj ET Q q 0 0 0 rg BT 270.00 447.75 Td (pending ) Tj ET Q q 0 0 0 rg BT 308.37 447.75 Td (investigations, ) Tj ET Q q 0 0 0 rg BT 374.52 447.75 Td (proceedings, ) Tj ET Q q 0 0 0 rg BT 434.56 447.75 Td (and ) Tj ET Q q 0 0 0 rg BT 454.02 447.75 Td (other ) Tj ET Q q 0 0 0 rg BT 479.59 447.75 Td (contingencies;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 435.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 435.75 Td (our ) Tj ET Q q 0 0 0 rg BT 102.77 435.75 Td (expectation ) Tj ET Q q 0 0 0 rg BT 156.23 435.75 Td (that ) Tj ET Q q 0 0 0 rg BT 175.22 435.75 Td (our ) Tj ET Q q 0 0 0 rg BT 191.99 435.75 Td (monetization ) Tj ET Q q 0 0 0 rg BT 251.00 435.75 Td (trends ) Tj ET Q q 0 0 0 rg BT 281.11 435.75 Td (will ) Tj ET Q q 0 0 0 rg BT 297.31 435.75 Td (fluctuate, ) Tj ET Q q 0 0 0 rg BT 340.21 435.75 Td (which ) Tj ET Q q 0 0 0 rg BT 368.09 435.75 Td (could ) Tj ET Q q 0 0 0 rg BT 394.31 435.75 Td (af) Tj ET Q q 0 0 0 rg BT 402.47 435.75 Td (fect ) Tj ET Q q 0 0 0 rg BT 420.90 435.75 Td (our ) Tj ET Q q 0 0 0 rg BT 437.67 435.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 481.12 435.75 Td (and ) Tj ET Q q 0 0 0 rg BT 500.12 435.75 Td (margins ) Tj ET Q q 0 0 0 rg BT 538.00 435.75 Td (in ) Tj ET Q q 0 0 0 rg BT 548.10 435.75 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 423.75 Td (future;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 411.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 411.75 Td (our ) Tj ET Q q 0 0 0 rg BT 102.63 411.75 Td (expectation ) Tj ET Q q 0 0 0 rg BT 155.96 411.75 Td (that ) Tj ET Q q 0 0 0 rg BT 174.82 411.75 Td (our ) Tj ET Q q 0 0 0 rg BT 191.45 411.75 Td (traf) Tj ET Q q 0 0 0 rg BT 205.72 411.75 Td (fic ) Tj ET Q q 0 0 0 rg BT 217.89 411.75 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 267.32 411.75 Td (costs ) Tj ET Q q 0 0 0 rg BT 292.84 411.75 Td (\(T) Tj ET Q q 0 0 0 rg BT 301.54 411.75 Td (AC\) ) Tj ET Q q 0 0 0 rg BT 320.94 411.75 Td (and ) Tj ET Q q 0 0 0 rg BT 339.80 411.75 Td (the ) Tj ET Q q 0 0 0 rg BT 355.88 411.75 Td (associated ) Tj ET Q q 0 0 0 rg BT 405.73 411.75 Td (T) Tj ET Q q 0 0 0 rg BT 411.09 411.75 Td (AC ) Tj ET Q q 0 0 0 rg BT 427.16 411.75 Td (rates ) Tj ET Q q 0 0 0 rg BT 451.57 411.75 Td (will ) Tj ET Q q 0 0 0 rg BT 467.64 411.75 Td (increase ) Tj ET Q q 0 0 0 rg BT 507.62 411.75 Td (in ) Tj ET Q q 0 0 0 rg BT 517.58 411.75 Td (the ) Tj ET Q q 0 0 0 rg BT 533.66 411.75 Td (future;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 399.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 399.75 Td (our ) Tj ET Q q 0 0 0 rg BT 104.68 399.75 Td (expectation ) Tj ET Q q 0 0 0 rg BT 160.05 399.75 Td (that ) Tj ET Q q 0 0 0 rg BT 180.96 399.75 Td (our ) Tj ET Q q 0 0 0 rg BT 199.64 399.75 Td (results ) Tj ET Q q 0 0 0 rg BT 233.32 399.75 Td (will ) Tj ET Q q 0 0 0 rg BT 251.43 399.75 Td (be ) Tj ET Q q 0 0 0 rg BT 266.78 399.75 Td (af) Tj ET Q q 0 0 0 rg BT 274.94 399.75 Td (fected ) Tj ET Q q 0 0 0 rg BT 306.41 399.75 Td (by ) Tj ET Q q 0 0 0 rg BT 321.20 399.75 Td (our ) Tj ET Q q 0 0 0 rg BT 339.88 399.75 Td (performance ) Tj ET Q q 0 0 0 rg BT 400.24 399.75 Td (in ) Tj ET Q q 0 0 0 rg BT 412.25 399.75 Td (international ) Tj ET Q q 0 0 0 rg BT 470.96 399.75 Td (markets ) Tj ET Q q 0 0 0 rg BT 510.75 399.75 Td (as ) Tj ET Q q 0 0 0 rg BT 525.54 399.75 Td (users ) Tj ET Q q 0 0 0 rg BT 554.22 399.75 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 387.75 Td (developing ) Tj ET Q q 0 0 0 rg BT 137.15 387.75 Td (economies ) Tj ET Q q 0 0 0 rg BT 188.29 387.75 Td (increasingly ) Tj ET Q q 0 0 0 rg BT 243.87 387.75 Td (come ) Tj ET Q q 0 0 0 rg BT 271.10 387.75 Td (online;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 375.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 375.75 Td (our ) Tj ET Q q 0 0 0 rg BT 102.90 375.75 Td (expectation ) Tj ET Q q 0 0 0 rg BT 156.48 375.75 Td (that ) Tj ET Q q 0 0 0 rg BT 175.61 375.75 Td (the ) Tj ET Q q 0 0 0 rg BT 191.95 375.75 Td (portion ) Tj ET Q q 0 0 0 rg BT 224.97 375.75 Td (of ) Tj ET Q q 0 0 0 rg BT 235.75 375.75 Td (our ) Tj ET Q q 0 0 0 rg BT 252.64 375.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 296.22 375.75 Td (that ) Tj ET Q q 0 0 0 rg BT 315.35 375.75 Td (we ) Tj ET Q q 0 0 0 rg BT 330.57 375.75 Td (derive ) Tj ET Q q 0 0 0 rg BT 360.25 375.75 Td (from ) Tj ET Q q 0 0 0 rg BT 382.69 375.75 Td (non-advertising ) Tj ET Q q 0 0 0 rg BT 453.51 375.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 497.09 375.75 Td (will ) Tj ET Q q 0 0 0 rg BT 513.41 375.75 Td (continue ) Tj ET Q q 0 0 0 rg BT 553.66 375.75 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 363.75 Td (increase ) Tj ET Q q 0 0 0 rg BT 126.58 363.75 Td (and ) Tj ET Q q 0 0 0 rg BT 146.04 363.75 Td (may ) Tj ET Q q 0 0 0 rg BT 167.71 363.75 Td (af) Tj ET Q q 0 0 0 rg BT 175.87 363.75 Td (fect ) Tj ET Q q 0 0 0 rg BT 194.76 363.75 Td (margins;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 351.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 351.75 Td (our ) Tj ET Q q 0 0 0 rg BT 102.45 351.75 Td (expectation ) Tj ET Q q 0 0 0 rg BT 155.60 351.75 Td (that ) Tj ET Q q 0 0 0 rg BT 174.28 351.75 Td (our ) Tj ET Q q 0 0 0 rg BT 190.73 351.75 Td (other ) Tj ET Q q 0 0 0 rg BT 215.52 351.75 Td (income ) Tj ET Q q 0 0 0 rg BT 249.76 351.75 Td (\(expense\), ) Tj ET Q q 0 0 0 rg BT 299.01 351.75 Td (net, ) Tj ET Q q 0 0 0 rg BT 317.68 351.75 Td (will ) Tj ET Q q 0 0 0 rg BT 333.57 351.75 Td (fluctuate ) Tj ET Q q 0 0 0 rg BT 373.37 351.75 Td (in ) Tj ET Q q 0 0 0 rg BT 383.16 351.75 Td (the ) Tj ET Q q 0 0 0 rg BT 399.06 351.75 Td (future, ) Tj ET Q q 0 0 0 rg BT 429.41 351.75 Td (as ) Tj ET Q q 0 0 0 rg BT 441.97 351.75 Td (it ) Tj ET Q q 0 0 0 rg BT 448.97 351.75 Td (is ) Tj ET Q q 0 0 0 rg BT 458.19 351.75 Td (largely ) Tj ET Q q 0 0 0 rg BT 489.65 351.75 Td (driven ) Tj ET Q q 0 0 0 rg BT 518.88 351.75 Td (by ) Tj ET Q q 0 0 0 rg BT 531.44 351.75 Td (market ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 339.75 Td (dynamics;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 327.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 327.75 Td (estimates ) Tj ET Q q 0 0 0 rg BT 131.57 327.75 Td (of ) Tj ET Q q 0 0 0 rg BT 142.69 327.75 Td (our ) Tj ET Q q 0 0 0 rg BT 159.92 327.75 Td (future ) Tj ET Q q 0 0 0 rg BT 188.27 327.75 Td (compensation ) Tj ET Q q 0 0 0 rg BT 253.31 327.75 Td (expenses;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 315.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 315.75 Td (fluctuations ) Tj ET Q q 0 0 0 rg BT 139.36 315.75 Td (in ) Tj ET Q q 0 0 0 rg BT 149.93 315.75 Td (our ) Tj ET Q q 0 0 0 rg BT 167.16 315.75 Td (ef) Tj ET Q q 0 0 0 rg BT 175.32 315.75 Td (fective ) Tj ET Q q 0 0 0 rg BT 207.00 315.75 Td (tax ) Tj ET Q q 0 0 0 rg BT 223.11 315.75 Td (rate;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 303.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 303.75 Td (the ) Tj ET Q q 0 0 0 rg BT 102.68 303.75 Td (ef) Tj ET Q q 0 0 0 rg BT 110.84 303.75 Td (fect ) Tj ET Q q 0 0 0 rg BT 129.74 303.75 Td (of ) Tj ET Q q 0 0 0 rg BT 140.85 303.75 Td (the ) Tj ET Q q 0 0 0 rg BT 157.53 303.75 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 179.58 303.75 Td (T) Tj ET Q q 0 0 0 rg BT 184.58 303.75 Td (ax ) Tj ET Q q 0 0 0 rg BT 197.92 303.75 Td (Cuts ) Tj ET Q q 0 0 0 rg BT 221.26 303.75 Td (and ) Tj ET Q q 0 0 0 rg BT 240.72 303.75 Td (Jobs ) Tj ET Q q 0 0 0 rg BT 264.07 303.75 Td (Act ) Tj ET Q q 0 0 0 rg BT 281.30 303.75 Td (\(T) Tj ET Q q 0 0 0 rg BT 289.63 303.75 Td (ax ) Tj ET Q q 0 0 0 rg BT 302.42 303.75 Td (Act\);) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 291.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 291.75 Td (the ) Tj ET Q q 0 0 0 rg BT 102.68 291.75 Td (suf) Tj ET Q q 0 0 0 rg BT 115.84 291.75 Td (ficiency ) Tj ET Q q 0 0 0 rg BT 151.96 291.75 Td (of ) Tj ET Q q 0 0 0 rg BT 163.08 291.75 Td (our ) Tj ET Q q 0 0 0 rg BT 180.31 291.75 Td (sources ) Tj ET Q q 0 0 0 rg BT 218.10 291.75 Td (of ) Tj ET Q q 0 0 0 rg BT 229.22 291.75 Td (funding;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 279.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 279.75 Td (our ) Tj ET Q q 0 0 0 rg BT 103.23 279.75 Td (payment ) Tj ET Q q 0 0 0 rg BT 144.36 279.75 Td (terms ) Tj ET Q q 0 0 0 rg BT 172.14 279.75 Td (to ) Tj ET Q q 0 0 0 rg BT 183.26 279.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 216.05 279.75 Td (advertisers, ) Tj ET Q q 0 0 0 rg BT 270.52 279.75 Td (which ) Tj ET Q q 0 0 0 rg BT 298.86 279.75 Td (may ) Tj ET Q q 0 0 0 rg BT 320.53 279.75 Td (increase ) Tj ET Q q 0 0 0 rg BT 361.11 279.75 Td (our ) Tj ET Q q 0 0 0 rg BT 378.34 279.75 Td (working ) Tj ET Q q 0 0 0 rg BT 415.58 279.75 Td (capital ) Tj ET Q q 0 0 0 rg BT 447.26 279.75 Td (requirements;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 267.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 267.75 Td (fluctuations ) Tj ET Q q 0 0 0 rg BT 139.36 267.75 Td (in ) Tj ET Q q 0 0 0 rg BT 149.93 267.75 Td (our ) Tj ET Q q 0 0 0 rg BT 167.16 267.75 Td (capital ) Tj ET Q q 0 0 0 rg BT 198.84 267.75 Td (expenditures;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 255.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 255.75 Td (our ) Tj ET Q q 0 0 0 rg BT 103.68 255.75 Td (expectations ) Tj ET Q q 0 0 0 rg BT 163.05 255.75 Td (related ) Tj ET Q q 0 0 0 rg BT 196.85 255.75 Td (to ) Tj ET Q q 0 0 0 rg BT 208.42 255.75 Td (the ) Tj ET Q q 0 0 0 rg BT 225.54 255.75 Td (operating ) Tj ET Q q 0 0 0 rg BT 270.46 255.75 Td (structure ) Tj ET Q q 0 0 0 rg BT 312.59 255.75 Td (implemented ) Tj ET Q q 0 0 0 rg BT 373.07 255.75 Td (pursuant ) Tj ET Q q 0 0 0 rg BT 415.21 255.75 Td (to ) Tj ET Q q 0 0 0 rg BT 426.77 255.75 Td (the ) Tj ET Q q 0 0 0 rg BT 443.26 255.75 Td (Alphabet ) Tj ET Q q 0 0 0 rg BT 485.96 255.75 Td (holding ) Tj ET Q q 0 0 0 rg BT 521.44 255.75 Td (company ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 243.75 Td (reorganization;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 231.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 231.75 Td (the ) Tj ET Q q 0 0 0 rg BT 102.68 231.75 Td (expected ) Tj ET Q q 0 0 0 rg BT 146.04 231.75 Td (timing ) Tj ET Q q 0 0 0 rg BT 175.50 231.75 Td (and ) Tj ET Q q 0 0 0 rg BT 194.96 231.75 Td (amount ) Tj ET Q q 0 0 0 rg BT 231.09 231.75 Td (of ) Tj ET Q q 0 0 0 rg BT 241.66 231.75 Td (Alphabet ) Tj ET Q q 0 0 0 rg BT 283.92 231.75 Td (Inc.'s ) Tj ET Q q 0 0 0 rg BT 309.72 231.75 Td (share ) Tj ET Q q 0 0 0 rg BT 337.51 231.75 Td (repurchases;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 213.75 Td (as ) Tj ET Q q 0 0 0 rg BT 62.45 213.75 Td (well ) Tj ET Q q 0 0 0 rg BT 81.57 213.75 Td (as ) Tj ET Q q 0 0 0 rg BT 94.03 213.75 Td (other ) Tj ET Q q 0 0 0 rg BT 118.71 213.75 Td (statements ) Tj ET Q q 0 0 0 rg BT 169.52 213.75 Td (regarding ) Tj ET Q q 0 0 0 rg BT 213.66 213.75 Td (our ) Tj ET Q q 0 0 0 rg BT 230.01 213.75 Td (future ) Tj ET Q q 0 0 0 rg BT 257.47 213.75 Td (operations, ) Tj ET Q q 0 0 0 rg BT 308.84 213.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 347.42 213.75 Td (condition ) Tj ET Q q 0 0 0 rg BT 389.34 213.75 Td (and ) Tj ET Q q 0 0 0 rg BT 407.92 213.75 Td (prospects, ) Tj ET Q q 0 0 0 rg BT 455.95 213.75 Td (and ) Tj ET Q q 0 0 0 rg BT 474.52 213.75 Td (business ) Tj ET Q q 0 0 0 rg BT 515.88 213.75 Td (strategies. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 201.75 Td (Forward-looking ) Tj ET Q q 0 0 0 rg BT 124.74 201.75 Td (statements ) Tj ET Q q 0 0 0 rg BT 176.69 201.75 Td (may ) Tj ET Q q 0 0 0 rg BT 198.63 201.75 Td (appear ) Tj ET Q q 0 0 0 rg BT 232.81 201.75 Td (throughout ) Tj ET Q q 0 0 0 rg BT 283.67 201.75 Td (this ) Tj ET Q q 0 0 0 rg BT 302.27 201.75 Td (report ) Tj ET Q q 0 0 0 rg BT 331.44 201.75 Td (and ) Tj ET Q q 0 0 0 rg BT 351.17 201.75 Td (other ) Tj ET Q q 0 0 0 rg BT 377.00 201.75 Td (documents ) Tj ET Q q 0 0 0 rg BT 428.96 201.75 Td (we ) Tj ET Q q 0 0 0 rg BT 444.79 201.75 Td (file ) Tj ET Q q 0 0 0 rg BT 460.61 201.75 Td (with ) Tj ET Q q 0 0 0 rg BT 481.44 201.75 Td (the ) Tj ET Q q 0 0 0 rg BT 498.38 201.75 Td (Securities ) Tj ET Q q 0 0 0 rg BT 545.33 201.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 189.75 Td (Exchange ) Tj ET Q q 0 0 0 rg BT 98.81 189.75 Td (Commission ) Tj ET Q q 0 0 0 rg BT 158.15 189.75 Td (\(SEC\), ) Tj ET Q q 0 0 0 rg BT 192.49 189.75 Td (including ) Tj ET Q q 0 0 0 rg BT 236.29 189.75 Td (without ) Tj ET Q q 0 0 0 rg BT 272.31 189.75 Td (limitation, ) Tj ET Q q 0 0 0 rg BT 318.88 189.75 Td (the ) Tj ET Q q 0 0 0 rg BT 337.11 189.75 Td (following ) Tj ET Q q 0 0 0 rg BT 380.36 189.75 Td (sections: ) Tj ET Q q 0 0 0 rg BT 424.15 189.75 Td (Part ) Tj ET Q q 0 0 0 rg BT 446.83 189.75 Td (I, ) Tj ET Q q 0 0 0 rg BT 456.72 189.75 Td (Item ) Tj ET Q q 0 0 0 rg BT 480.50 189.75 Td (2, ) Tj ET Q q 0 0 0 rg BT 493.17 189.75 Td ("Management's ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 177.75 Td (Discussion ) Tj ET Q q 0 0 0 rg BT 100.76 177.75 Td (and ) Tj ET Q q 0 0 0 rg BT 119.37 177.75 Td (Analysis ) Tj ET Q q 0 0 0 rg BT 159.01 177.75 Td (of ) Tj ET Q q 0 0 0 rg BT 169.76 177.75 Td (Financial ) Tj ET Q q 0 0 0 rg BT 212.19 177.75 Td (Condition ) Tj ET Q q 0 0 0 rg BT 256.84 177.75 Td (and ) Tj ET Q q 0 0 0 rg BT 275.93 177.75 Td (Results ) Tj ET Q q 0 0 0 rg BT 311.69 177.75 Td (of ) Tj ET Q q 0 0 0 rg BT 322.43 177.75 Td (Operations" ) Tj ET Q q 0 0 0 rg BT 377.31 177.75 Td (in ) Tj ET Q q 0 0 0 rg BT 387.50 177.75 Td (this ) Tj ET Q q 0 0 0 rg BT 405.46 177.75 Td (Quarterly ) Tj ET Q q 0 0 0 rg BT 448.99 177.75 Td (Report ) Tj ET Q q 0 0 0 rg BT 481.41 177.75 Td (on ) Tj ET Q q 0 0 0 rg BT 494.94 177.75 Td (Form ) Tj ET Q q 0 0 0 rg BT 520.68 177.75 Td (10-Q ) Tj ET Q q 0 0 0 rg BT 545.32 177.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 165.75 Td (Part ) Tj ET Q q 0 0 0 rg BT 71.40 165.75 Td (I, ) Tj ET Q q 0 0 0 rg BT 80.01 165.75 Td (Item ) Tj ET Q q 0 0 0 rg BT 102.51 165.75 Td (1A, ) Tj ET Q q 0 0 0 rg BT 120.58 165.75 Td ("Risk ) Tj ET Q q 0 0 0 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Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.50 587.52 Td (101,871) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.50 587.52 Td (102,885) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 575.52 Td (Accounts receivable, net of allowance of $674 and $536) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.05 575.52 Td (18,336) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.05 575.52 Td (16,777) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 563.52 Td (Income taxes receivable, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.95 563.52 Td (369) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.50 563.52 Td (37) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 551.52 Td (Inventory) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.95 551.52 Td (749) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.95 551.52 Td (636) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 539.52 Td (Other current assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.60 539.52 Td (2,983) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.60 539.52 Td (3,426) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.00 527.52 Td (T) Tj ET Q q 0 0 0 rg BT 93.00 527.52 Td (otal current assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.50 527.52 Td (124,308) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.50 527.52 Td (123,761) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 515.52 Td (Non-marketable investments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.60 515.52 Td (7,813) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.05 515.52 Td (10,976) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 503.52 Td (Deferred income taxes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.95 503.52 Td (680) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.95 503.52 Td (678) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 491.52 Td (Property and equipment, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.05 491.52 Td (42,383) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.05 491.52 Td (48,845) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 479.52 Td (Intangible assets, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.60 479.52 Td (2,692) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.60 479.52 Td (2,809) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 467.52 Td (Goodwill) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.05 467.52 Td (16,747) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.05 467.52 Td (17,862) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 455.52 Td (Other non-current assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.60 455.52 Td (2,672) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.60 455.52 Td (2,004) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.00 443.52 Td (T) Tj ET Q q 0 0 0 rg BT 93.00 443.52 Td (otal assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.00 443.52 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.50 443.52 Td (197,295) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.00 443.52 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.50 443.52 Td (206,935) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 431.52 Td (Liabilities and Stockholders? Tj ET Q q 0 0 0 rg BT 187.03 431.52 Td ( Equity) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 419.52 Td (Current liabilities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 407.52 Td (Accounts payable) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.00 407.52 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.60 407.52 Td (3,137) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.00 407.52 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.60 407.52 Td (3,526) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 395.52 Td (Short-term debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.05 395.52 Td (0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.60 395.52 Td (1,329) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 383.52 Td (Accrued compensation and benefits) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.60 383.52 Td (4,581) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.60 383.52 Td (3,812) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 371.52 Td (Accrued expenses and other current liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.05 371.52 Td (10,177) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.05 371.52 Td (10,065) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 359.52 Td (Accrued revenue share) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.60 359.52 Td (3,975) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.60 359.52 Td (3,723) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 347.52 Td (Deferred revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.60 347.52 Td (1,432) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.60 347.52 Td (1,596) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 335.52 Td (Income taxes payable, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.95 335.52 Td (881) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.60 335.52 Td (1,343) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.00 323.52 Td (T) Tj ET Q q 0 0 0 rg BT 93.00 323.52 Td (otal current liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.05 323.52 Td (24,183) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.05 323.52 Td (25,394) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 311.52 Td (Long-term debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.60 311.52 Td (3,969) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.60 311.52 Td (3,973) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 299.52 Td (Deferred revenue, non-current) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.95 299.52 Td (340) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.95 299.52 Td (315) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 287.52 Td (Income taxes payable, non-current) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.05 287.52 Td (12,812) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.05 287.52 Td (12,885) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 275.52 Td (Deferred income taxes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.95 275.52 Td (430) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.95 275.52 Td (394) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 263.52 Td (Other long-term liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.60 263.52 Td (3,059) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.60 263.52 Td (3,149) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.00 251.52 Td (T) Tj ET Q q 0 0 0 rg BT 93.00 251.52 Td (otal liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.05 251.52 Td (44,793) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.05 251.52 Td (46,1) Tj ET Q q 0 0 0 rg BT 546.51 251.52 Td (10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 239.52 Td (Commitments and Contingencies \(Note 9\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 227.52 Td (Stockholders? Tj ET Q q 0 0 0 rg BT 111.66 227.52 Td ( equity:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 215.47 Td (Convertible preferred stock, $0.001 par value per share, 100,000 shares ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 205.52 Td (authorized; no shares issued and outstanding) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.05 207.87 Td (0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.05 207.87 Td (0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 193.47 Td (Class? Tj ET Q q 0 0 0 rg BT 97.23 193.47 Td (A) Tj ET Q q 0 0 0 rg BT 103.35 193.47 Td ( and Class B common stock, and Class C capital stock and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 183.47 Td (additional paid-in capital, $0.001 par value per share: 15,000,000 shares) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 173.47 Td (authorized \(Class? Tj ET Q q 0 0 0 rg BT 150.04 173.47 Td (A) Tj ET Q q 0 0 0 rg BT 156.16 173.47 Td ( 9,000,000, Class B 3,000,000, Class C 3,000,000\);) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 163.47 Td (694,783 \(Class? Tj ET Q q 0 0 0 rg BT 139.49 163.47 Td (A) Tj ET Q q 0 0 0 rg BT 145.61 163.47 Td ( 298,470, Class B 46,972, Class C 349,341\) and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 153.47 Td (694,945 \(Class? Tj ET Q q 0 0 0 rg BT 139.49 153.47 Td (A) Tj ET Q q 0 0 0 rg BT 145.61 153.47 Td ( 298,652, Class B 46,940, Class C 349,353\) shares) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 143.47 Td (issued and outstanding) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.05 143.87 Td (40,247) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.05 143.87 Td (41,487) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 129.52 Td (Accumulated other comprehensive loss) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.60 129.52 Td (\(992) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.65 129.52 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.60 129.52 Td (\(670) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 129.52 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 117.52 Td (Retained earnings) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.50 117.52 Td (1) Tj ET Q q 0 0 0 rg BT 441.06 117.52 Td (13,247) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.50 117.52 Td (120,008) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.00 105.52 Td (T) Tj ET Q q 0 0 0 rg BT 93.00 105.52 Td (otal stockholders? Tj ET Q q 0 0 0 rg BT 169.89 105.52 Td ( equity) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.50 105.52 Td (152,502) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.50 105.52 Td (160,825) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.00 93.52 Td (T) Tj ET Q q 0 0 0 rg BT 93.00 93.52 Td (otal liabilities and stockholders? Tj ET Q q 0 0 0 rg BT 229.92 93.52 Td ( equity) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.00 93.52 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.50 93.52 Td (197,295) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.00 93.52 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.50 93.52 Td (206,935) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.45 76.75 Td (See accompanying notes.) Tj ET Q endstream endobj 13 0 obj <>] /Rotate 0 /Contents 14 0 R>> endobj 14 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 53 767.1939453125 m 130.8271484375 767.1939453125 l s q 0 0 1 rg BT 53.00 768.62 Td (T) Tj ET Q q 0 0 1 rg BT 58.00 768.62 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.396078431372549 0.396078431372549 0.396078431372549 rg BT 494.20 768.62 Td (Alphabet Inc.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.20 31.25 Td (4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 274.60 741.75 Td (Alphabet Inc.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 202.10 729.75 Td (CONSOLIDA) Tj ET Q q 0 0 0 rg BT 261.36 729.75 Td (TED ST) Tj ET Q q 0 0 0 rg BT 296.17 729.75 Td (A) Tj ET Q q 0 0 0 rg BT 302.65 729.75 Td (TEMENTS OF INCOME) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 195.35 717.75 Td (\(in millions, except per share amounts; unaudited\)) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 662.25 388.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 662.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 662.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 662.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 632.25 388.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 632.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 632.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 632.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 602.25 388.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 602.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 602.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 602.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 572.25 388.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 572.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 572.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 572.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 542.25 388.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 542.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 542.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 542.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 512.25 388.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 512.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 512.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 512.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 482.25 388.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 482.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 482.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 482.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 452.25 388.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 452.25 60.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 452.25 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 452.25 60.00 -25.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 675.25 m 497.5 675.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 675.25 m 501.5 675.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 675.25 m 561.5 675.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 662.25 m 497.5 662.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 662.25 m 561.5 662.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 572.25 m 497.5 572.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 557.25 m 497.5 557.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 572.25 m 561.5 572.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 557.25 m 561.5 557.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 557.25 m 497.5 557.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 557.25 m 561.5 557.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 527.25 m 497.5 527.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 527.25 m 561.5 527.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 527.25 m 497.5 527.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 527.25 m 561.5 527.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 497.25 m 497.5 497.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 497.25 m 561.5 497.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 497.25 m 497.5 497.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 497.25 m 561.5 497.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 481.25 m 497.5 481.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 483.25 m 497.5 483.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 481.25 m 561.5 481.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 483.25 m 561.5 483.25 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 459.40 692.48 Td (Three Months Ended) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 480.50 679.48 Td (March 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 458.10 666.48 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 522.10 666.48 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 651.87 Td (Revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.00 651.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.05 651.87 Td (24,750) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.00 651.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.05 651.87 Td (31,146) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 636.87 Td (Costs and expenses:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.00 621.87 Td (Cost of revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.60 621.87 Td (9,795) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.05 621.87 Td (13,467) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.00 606.87 Td (Research and development) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.60 606.87 Td (3,942) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.60 606.87 Td (5,039) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.00 591.87 Td (Sales and marketing) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.60 591.87 Td (2,644) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.60 591.87 Td (3,604) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.00 576.87 Td (General and administrative) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.60 576.87 Td (1,801) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.60 576.87 Td (2,035) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 561.87 Td (T) Tj ET Q q 0 0 0 rg BT 57.00 561.87 Td (otal costs and expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.05 561.87 Td (18,182) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.05 561.87 Td (24,145) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 546.87 Td (Income from operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.60 546.87 Td (6,568) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.60 546.87 Td (7,001) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 531.87 Td (Other income \(expense\), net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.95 531.87 Td (251) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.60 531.87 Td (3,542) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 516.87 Td (Income before income taxes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.60 516.87 Td (6,819) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg 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/F1 10.00 Tf ET q 0 0 0 rg BT 532.60 456.87 Td (13.53) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 441.87 Td (Diluted net income per share of Class ) Tj ET Q q 0 0 0 rg BT 220.97 441.87 Td (A) Tj ET Q q 0 0 0 rg BT 227.09 441.87 Td ( and B common stock and Class C capital) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 431.87 Td (stock) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.00 431.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.15 431.87 Td (7.73) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.00 431.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.60 431.87 Td (13.33) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 259.70 406.75 Td (See accompanying notes.) 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0.9333333333333333 1 rg /GS0 gs 501.50 434.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 404.25 388.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 404.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 404.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 404.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 374.25 388.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 374.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 374.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 374.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 344.25 388.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 344.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 344.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 344.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 314.25 388.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 314.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 314.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 314.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 284.25 388.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 284.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 284.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 284.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 254.25 388.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 254.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 254.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 254.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 224.25 388.00 -15.00 re f /GS0 gs 0.8 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0.9333333333333333 1 rg /GS0 gs 497.50 134.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 134.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 104.25 388.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 104.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 104.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 104.25 60.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 683.25 m 497.5 683.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 683.25 m 501.5 683.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 683.25 m 561.5 683.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 671.25 m 497.5 671.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 671.25 m 561.5 671.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 419.25 m 561.5 419.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 419.25 m 497.5 419.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 404.25 m 497.5 404.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 419.25 m 561.5 419.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 404.25 m 561.5 404.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 269.25 m 497.5 269.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 269.25 m 561.5 269.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 269.25 m 497.5 269.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 254.25 m 497.5 254.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 269.25 m 561.5 269.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 254.25 m 561.5 254.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 164.25 m 497.5 164.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 149.25 m 497.5 149.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 164.25 m 561.5 164.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 149.25 m 561.5 149.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 134.25 m 497.5 134.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 149.25 m 561.5 149.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 134.25 m 561.5 134.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 104.25 m 497.5 104.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 90.25 m 497.5 90.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 88.25 m 497.5 88.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 104.25 m 561.5 104.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 90.25 m 561.5 90.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 88.25 m 561.5 88.25 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 459.40 698.93 Td (Three Months Ended) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 480.50 686.93 Td (March 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 458.10 674.93 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 522.10 674.93 Td (2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 661.47 Td (Operating activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 646.87 Td (Net income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.00 646.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.60 646.87 Td (5,426) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.00 646.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.60 646.87 Td (9,401) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 632.47 Td (Adjustments:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.00 617.87 Td (Depreciation and impairment of property and equipment) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.60 617.87 Td (1,287) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.60 617.87 Td (1,791) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.00 602.87 Td (Amortization and impairment of intangible assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.95 602.87 Td (216) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.95 602.87 Td (195) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 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557.65 542.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 528.47 Td (Changes in assets and liabilities, net of ef) Tj ET Q q 0 0 0 rg BT 235.91 528.47 Td (fects of acquisitions:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.00 513.87 Td (Accounts receivable) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.60 513.87 Td (1,267) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.60 513.87 Td (1,700) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.00 498.87 Td (Income taxes, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.95 498.87 Td (510) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.95 498.87 Td (782) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.00 483.87 Td (Other assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.60 483.87 Td (\(128) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.65 483.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.60 483.87 Td (\(241) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 483.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.00 468.87 Td (Accounts payable) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.95 468.87 Td (103) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.95 468.87 Td (122) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.00 453.87 Td (Accrued expenses and other liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.25 453.87 Td (\(1,868) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.65 453.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.25 453.87 Td (\(1,142) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 453.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.00 438.87 Td (Accrued revenue share) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.15 438.87 Td (\(74) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.65 438.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.60 438.87 Td (\(286) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 438.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.00 423.87 Td (Deferred revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.95 423.87 Td (1) Tj ET Q q 0 0 0 rg BT 482.51 423.87 Td (1) Tj ET Q q 0 0 0 rg BT 488.07 423.87 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.95 423.87 Td (130) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.00 408.87 Td (Net cash provided by operating activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.60 408.87 Td (9,548) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.05 408.87 Td (1) Tj ET Q q 0 0 0 rg BT 532.61 408.87 Td (1,642) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 393.87 Td (Investing activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 378.87 Td (Purchases of property and equipment) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.25 378.87 Td (\(2,508) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.65 378.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.25 378.87 Td (\(7,299) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 378.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 363.87 Td (Proceeds from disposals of property and equipment) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.50 363.87 Td (41) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.50 363.87 Td (30) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 348.87 Td (Purchases of marketable securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.70 348.87 Td (\(20,1) Tj ET Q q 0 0 0 rg BT 482.49 348.87 Td (19) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.65 348.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.25 348.87 Td (\(8,849) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 348.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 333.87 Td (Maturities and sales of marketable securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.05 333.87 Td (19,362) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.60 333.87 Td (9,351) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 318.87 Td (Purchases of non-marketable investments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.60 318.87 Td (\(354) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.65 318.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.60 318.87 Td (\(327) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 318.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 303.87 Td (Maturities and sales of non-marketable investments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.50 303.87 Td (78) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.95 303.87 Td (498) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 288.87 Td (Acquisitions, net of cash acquired, and purchases of intangible assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.60 288.87 Td (\(101) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.65 288.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.25 288.87 Td (\(1,250) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 288.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 273.87 Td (Proceeds from collection of notes receivable) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.95 273.87 Td (750) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.05 273.87 Td (0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.00 258.87 Td (Net 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0 0 rg BT 529.25 213.87 Td (\(2,173) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 213.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 198.87 Td (Proceeds from issuance of debt, net of costs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.05 198.87 Td (0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.60 198.87 Td (4,691) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 183.87 Td (Repayments of debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.15 183.87 Td (\(18) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.65 183.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.25 183.87 Td (\(3,378) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 183.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 168.87 Td (Proceeds from sale of subsidiary shares) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.95 168.87 Td (480) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.05 168.87 Td (0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.00 153.87 Td (Net cash used in financing activities) Tj ET Q 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(adjustments ) Tj ET Q q 0 0 0 rg BT 339.45 477.75 Td (of ) Tj ET Q q 0 0 0 rg BT 350.94 477.75 Td (a ) Tj ET Q q 0 0 0 rg BT 359.66 477.75 Td (normal ) Tj ET Q q 0 0 0 rg BT 393.38 477.75 Td (recurring ) Tj ET Q q 0 0 0 rg BT 435.99 477.75 Td (nature ) Tj ET Q q 0 0 0 rg BT 467.50 477.75 Td (necessary ) Tj ET Q q 0 0 0 rg BT 516.23 477.75 Td (for ) Tj ET Q q 0 0 0 rg BT 531.05 477.75 Td (the ) Tj ET Q q 0 0 0 rg BT 548.11 477.75 Td (fair ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 465.75 Td (presentation ) Tj ET Q q 0 0 0 rg BT 107.23 465.75 Td (of ) Tj ET Q q 0 0 0 rg BT 117.77 465.75 Td (our ) Tj ET Q q 0 0 0 rg BT 134.42 465.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 173.30 465.75 Td (position ) Tj ET Q q 0 0 0 rg BT 209.96 465.75 Td (as ) Tj ET Q q 0 0 0 rg BT 222.72 465.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 233.25 465.75 Td (March ) Tj ET Q q 0 0 0 rg BT 263.23 465.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 279.33 465.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.57 465.75 Td (, ) Tj ET Q q 0 0 0 rg BT 306.55 465.75 Td (our ) Tj ET Q q 0 0 0 rg BT 323.20 465.75 Td (results ) Tj ET Q q 0 0 0 rg BT 354.84 465.75 Td (of ) Tj ET Q q 0 0 0 rg BT 365.38 465.75 Td (operations ) Tj ET Q q 0 0 0 rg BT 414.27 465.75 Td (for ) Tj ET Q q 0 0 0 rg BT 428.14 465.75 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.23 465.75 Td (three ) Tj ET Q q 0 0 0 rg BT 469.22 465.75 Td (months ) Tj ET Q q 0 0 0 rg BT 504.21 465.75 Td (ended ) Tj ET Q q 0 0 0 rg BT 534.21 465.75 Td (March ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 453.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 65.94 453.75 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.19 453.75 Td ( ) Tj ET Q q 0 0 0 rg BT 90.23 453.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.96 453.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 131.21 453.75 Td (, ) Tj ET Q q 0 0 0 rg BT 136.03 453.75 Td (and ) Tj ET Q q 0 0 0 rg BT 154.76 453.75 Td (our ) Tj ET Q q 0 0 0 rg BT 171.25 453.75 Td (cash ) Tj ET Q q 0 0 0 rg BT 194.42 453.75 Td (flows ) Tj ET Q q 0 0 0 rg BT 219.24 453.75 Td (for ) Tj ET Q q 0 0 0 rg BT 232.96 453.75 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.90 453.75 Td (three ) Tj ET Q q 0 0 0 rg BT 273.74 453.75 Td (months ) Tj ET Q q 0 0 0 rg BT 308.57 453.75 Td (ended ) Tj ET Q q 0 0 0 rg BT 338.42 453.75 Td (March ) Tj ET Q q 0 0 0 rg BT 368.25 453.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 384.19 453.75 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.44 453.75 Td ( ) Tj ET Q q 0 0 0 rg BT 408.48 453.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.21 453.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.46 453.75 Td (. ) Tj ET Q q 0 0 0 rg BT 454.15 453.75 Td (The ) Tj ET Q q 0 0 0 rg BT 473.42 453.75 Td (results ) Tj ET Q q 0 0 0 rg BT 504.92 453.75 Td (of ) Tj ET Q q 0 0 0 rg BT 515.30 453.75 Td (operations ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 441.75 Td (for ) Tj ET Q q 0 0 0 rg BT 64.78 441.75 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.80 441.75 Td (three ) Tj ET Q q 0 0 0 rg BT 107.70 441.75 Td (months ) Tj ET Q q 0 0 0 rg BT 143.61 441.75 Td (ended ) Tj ET Q q 0 0 0 rg BT 174.53 441.75 Td (March ) Tj ET Q q 0 0 0 rg BT 205.43 441.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 222.44 441.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 244.69 441.75 Td ( ) Tj ET Q q 0 0 0 rg BT 247.80 441.75 Td (are ) Tj ET Q q 0 0 0 rg BT 265.37 441.75 Td (not ) Tj ET Q q 0 0 0 rg BT 282.38 441.75 Td (necessarily ) Tj ET Q q 0 0 0 rg BT 335.52 441.75 Td (indicative ) Tj ET Q q 0 0 0 rg BT 380.32 441.75 Td (of ) Tj ET Q q 0 0 0 rg BT 391.77 441.75 Td (the ) Tj ET Q q 0 0 0 rg BT 408.79 441.75 Td (results ) Tj ET Q q 0 0 0 rg BT 441.35 441.75 Td (to ) Tj ET Q q 0 0 0 rg BT 452.81 441.75 Td (be ) Tj ET Q q 0 0 0 rg BT 467.04 441.75 Td (expected ) Tj ET Q q 0 0 0 rg BT 510.74 441.75 Td (for ) Tj ET Q q 0 0 0 rg BT 525.52 441.75 Td (the ) Tj ET Q q 0 0 0 rg BT 542.54 441.75 Td (year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 429.75 Td (ending ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 82.81 429.75 Td (December ) Tj ET Q q 0 0 0 rg BT 131.71 429.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 148.39 429.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 170.64 429.75 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 411.75 Td (These ) Tj ET Q q 0 0 0 rg BT 103.31 411.75 Td (unaudited ) Tj ET Q q 0 0 0 rg BT 150.25 411.75 Td (interim ) Tj ET Q q 0 0 0 rg BT 183.28 411.75 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 242.44 411.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 282.15 411.75 Td (statements ) Tj ET Q q 0 0 0 rg BT 334.08 411.75 Td (should ) Tj ET Q q 0 0 0 rg BT 366.56 411.75 Td (be ) Tj ET Q q 0 0 0 rg BT 380.70 411.75 Td (read ) Tj ET Q q 0 0 0 rg BT 403.73 411.75 Td (in ) Tj ET Q q 0 0 0 rg BT 414.53 411.75 Td (conjunction ) Tj ET Q q 0 0 0 rg BT 468.13 411.75 Td (with ) Tj ET Q q 0 0 0 rg BT 488.93 411.75 Td (the ) Tj ET Q q 0 0 0 rg BT 505.85 411.75 Td (consolidated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 399.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 90.56 399.75 Td (statements ) Tj ET Q q 0 0 0 rg BT 143.35 399.75 Td (and ) Tj ET Q q 0 0 0 rg BT 163.90 399.75 Td (the ) Tj ET Q q 0 0 0 rg BT 181.68 399.75 Td (related ) Tj ET Q q 0 0 0 rg BT 216.13 399.75 Td (notes ) Tj ET Q q 0 0 0 rg BT 244.46 399.75 Td (included ) Tj ET Q q 0 0 0 rg BT 285.59 399.75 Td (in ) Tj ET Q q 0 0 0 rg BT 297.24 399.75 Td (our ) Tj ET Q q 0 0 0 rg BT 314.80 399.75 Td (Annual ) Tj ET Q q 0 0 0 rg BT 349.81 399.75 Td (Report ) Tj ET Q q 0 0 0 rg BT 383.70 399.75 Td (on ) Tj ET Q q 0 0 0 rg BT 398.70 399.75 Td (Form ) Tj ET Q q 0 0 0 rg BT 425.90 399.75 Td (10-K ) Tj ET Q q 0 0 0 rg BT 450.90 399.75 Td (for ) Tj ET Q q 0 0 0 rg BT 466.44 399.75 Td (the ) Tj ET Q q 0 0 0 rg BT 484.21 399.75 Td (fiscal ) Tj ET Q q 0 0 0 rg BT 510.87 399.75 Td (year ) Tj ET Q q 0 0 0 rg BT 534.19 399.75 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 387.75 Td (December ) Tj ET Q q 0 0 0 rg BT 98.91 387.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 115.59 387.75 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 137.83 387.75 Td (, ) Tj ET Q q 0 0 0 rg BT 143.39 387.75 Td (filed ) Tj ET Q q 0 0 0 rg BT 164.51 387.75 Td (with ) Tj ET Q q 0 0 0 rg BT 185.07 387.75 Td (the ) Tj ET Q q 0 0 0 rg BT 201.75 387.75 Td (SEC ) Tj ET Q q 0 0 0 rg BT 225.09 387.75 Td (on ) Tj ET Q q 0 0 0 rg BT 238.99 387.75 Td (February?, ) Tj ET Q q 0 0 0 rg BT 292.91 387.75 Td (2018.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 369.75 Td (Use ) Tj ET Q q 0 0 0 rg BT 71.12 369.75 Td (of ) Tj ET Q q 0 0 0 rg BT 83.34 369.75 Td (Estimates) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 351.75 Td (Preparation ) Tj ET Q q 0 0 0 rg BT 129.12 351.75 Td (of ) Tj ET Q q 0 0 0 rg BT 140.89 351.75 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 200.47 351.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 240.58 351.75 Td (statements ) Tj ET Q q 0 0 0 rg BT 292.92 351.75 Td (in ) Tj ET Q q 0 0 0 rg BT 304.13 351.75 Td (conformity ) Tj ET Q q 0 0 0 rg BT 353.68 351.75 Td (with ) Tj ET Q q 0 0 0 rg BT 374.88 351.75 Td (GAAP) Tj ET Q q 0 0 0 rg BT 402.49 351.75 Td ( ) Tj ET Q q 0 0 0 rg BT 405.92 351.75 Td (requires ) Tj ET Q q 0 0 0 rg BT 445.47 351.75 Td (us ) Tj ET Q q 0 0 0 rg BT 459.46 351.75 Td (to ) Tj ET Q q 0 0 0 rg BT 471.22 351.75 Td (make ) Tj ET Q q 0 0 0 rg BT 499.10 351.75 Td (estimates ) Tj ET Q q 0 0 0 rg BT 545.32 351.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 339.75 Td (assumptions ) Tj ET Q q 0 0 0 rg BT 108.63 339.75 Td (that ) Tj ET Q q 0 0 0 rg BT 127.81 339.75 Td (af) Tj ET Q q 0 0 0 rg BT 135.97 339.75 Td (fect ) Tj ET Q q 0 0 0 rg BT 154.58 339.75 Td (the ) Tj ET Q q 0 0 0 rg BT 170.98 339.75 Td (amounts ) Tj ET Q q 0 0 0 rg BT 211.83 339.75 Td (reported ) Tj ET Q q 0 0 0 rg BT 251.57 339.75 Td (and ) Tj ET Q q 0 0 0 rg BT 270.75 339.75 Td (disclosed ) Tj ET Q q 0 0 0 rg BT 314.94 339.75 Td (in ) Tj ET Q q 0 0 0 rg BT 325.22 339.75 Td (the ) Tj ET Q q 0 0 0 rg BT 341.62 339.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 380.80 339.75 Td (statements ) Tj ET Q q 0 0 0 rg BT 432.21 339.75 Td (and ) Tj ET Q q 0 0 0 rg BT 451.39 339.75 Td (the ) Tj ET Q q 0 0 0 rg BT 467.79 339.75 Td (accompanying ) Tj ET Q q 0 0 0 rg BT 534.77 339.75 Td (notes. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 327.75 Td (Actual ) Tj ET Q q 0 0 0 rg BT 80.28 327.75 Td (results ) Tj ET Q q 0 0 0 rg BT 112.21 327.75 Td (could ) Tj ET Q q 0 0 0 rg BT 138.60 327.75 Td (dif) Tj ET Q q 0 0 0 rg BT 148.98 327.75 Td (fer ) Tj ET Q q 0 0 0 rg BT 163.13 327.75 Td (materially ) Tj ET Q q 0 0 0 rg BT 208.40 327.75 Td (from ) Tj ET Q q 0 0 0 rg BT 230.89 327.75 Td (these ) Tj ET Q q 0 0 0 rg BT 257.83 327.75 Td (estimates. ) Tj ET Q q 0 0 0 rg BT 305.88 327.75 Td (On ) Tj ET Q q 0 0 0 rg BT 321.71 327.75 Td (an ) Tj ET Q q 0 0 0 rg BT 335.31 327.75 Td (ongoing ) Tj ET Q q 0 0 0 rg BT 373.39 327.75 Td (basis, ) Tj ET Q q 0 0 0 rg BT 401.99 327.75 Td (we ) Tj ET Q q 0 0 0 rg BT 417.26 327.75 Td (evaluate ) Tj ET Q q 0 0 0 rg BT 457.55 327.75 Td (our ) Tj ET Q q 0 0 0 rg BT 474.48 327.75 Td (estimates, ) Tj ET Q q 0 0 0 rg BT 522.54 327.75 Td (including ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 315.75 Td (those ) Tj ET Q q 0 0 0 rg BT 77.13 315.75 Td (related ) Tj ET Q q 0 0 0 rg BT 110.38 315.75 Td (to ) Tj ET Q q 0 0 0 rg BT 121.39 315.75 Td (the ) Tj ET Q q 0 0 0 rg BT 137.96 315.75 Td (accounts ) Tj ET Q q 0 0 0 rg BT 180.65 315.75 Td (receivable, ) Tj ET Q q 0 0 0 rg BT 231.68 315.75 Td (sales ) Tj ET Q q 0 0 0 rg BT 257.70 315.75 Td (allowances, ) Tj ET Q q 0 0 0 rg BT 312.62 315.75 Td (fair ) Tj ET Q q 0 0 0 rg BT 329.18 315.75 Td (values ) Tj ET Q q 0 0 0 rg BT 360.76 315.75 Td (of ) Tj ET Q q 0 0 0 rg BT 371.77 315.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 411.13 315.75 Td (instruments, ) Tj ET Q q 0 0 0 rg BT 468.26 315.75 Td (intangible ) Tj ET Q q 0 0 0 rg BT 513.74 315.75 Td (assets ) Tj ET Q q 0 0 0 rg BT 545.31 315.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 303.75 Td (goodwill, ) Tj ET Q q 0 0 0 rg BT 91.17 303.75 Td (useful ) Tj ET Q q 0 0 0 rg BT 120.12 303.75 Td (lives ) Tj ET Q q 0 0 0 rg BT 142.38 303.75 Td (of ) Tj ET Q q 0 0 0 rg BT 152.99 303.75 Td (intangible ) Tj ET Q q 0 0 0 rg BT 198.06 303.75 Td (assets ) Tj ET Q q 0 0 0 rg BT 229.22 303.75 Td (and ) Tj ET Q q 0 0 0 rg BT 248.17 303.75 Td (property ) Tj ET Q q 0 0 0 rg BT 287.11 303.75 Td (and ) Tj ET Q q 0 0 0 rg BT 306.06 303.75 Td (equipment, ) Tj ET Q q 0 0 0 rg BT 357.80 303.75 Td (income ) Tj ET Q q 0 0 0 rg BT 392.30 303.75 Td (taxes, ) Tj ET Q q 0 0 0 rg BT 421.24 303.75 Td (and ) Tj ET Q q 0 0 0 rg BT 440.18 303.75 Td (contingent ) Tj ET Q q 0 0 0 rg BT 488.59 303.75 Td (liabilities, ) Tj ET Q q 0 0 0 rg BT 531.42 303.75 Td (among ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 291.75 Td (others. ) Tj ET Q q 0 0 0 rg BT 82.58 291.75 Td (W) Tj ET Q q 0 0 0 rg BT 91.84 291.75 Td (e ) Tj ET Q q 0 0 0 rg BT 99.40 291.75 Td (base ) Tj ET Q q 0 0 0 rg BT 123.09 291.75 Td (our ) Tj ET Q q 0 0 0 rg BT 139.55 291.75 Td (estimates ) Tj ET Q q 0 0 0 rg BT 184.35 291.75 Td (on ) Tj ET Q q 0 0 0 rg BT 197.48 291.75 Td (assumptions, ) Tj ET Q q 0 0 0 rg BT 258.40 291.75 Td (both ) Tj ET Q q 0 0 0 rg BT 279.87 291.75 Td (historical ) Tj ET Q q 0 0 0 rg BT 321.34 291.75 Td (and ) Tj ET Q q 0 0 0 rg BT 340.03 291.75 Td (forward ) Tj ET Q q 0 0 0 rg BT 375.38 291.75 Td (looking, ) Tj ET Q q 0 0 0 rg BT 411.85 291.75 Td (that ) Tj ET Q q 0 0 0 rg BT 430.54 291.75 Td (are ) Tj ET Q q 0 0 0 rg BT 447.00 291.75 Td (believed ) Tj ET Q q 0 0 0 rg BT 486.26 291.75 Td (to ) Tj ET Q q 0 0 0 rg BT 496.60 291.75 Td (be ) Tj ET Q q 0 0 0 rg BT 509.73 291.75 Td (reasonable, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 279.75 Td (the ) Tj ET Q q 0 0 0 rg BT 66.68 279.75 Td (results ) Tj ET Q q 0 0 0 rg BT 98.91 279.75 Td (of ) Tj ET Q q 0 0 0 rg BT 110.03 279.75 Td (which ) Tj ET Q q 0 0 0 rg BT 138.37 279.75 Td (form ) Tj ET Q q 0 0 0 rg BT 161.15 279.75 Td (the ) Tj ET Q q 0 0 0 rg BT 177.83 279.75 Td (basis ) Tj ET Q q 0 0 0 rg BT 203.96 279.75 Td (for ) Tj ET Q q 0 0 0 rg BT 218.40 279.75 Td (making ) Tj ET Q q 0 0 0 rg BT 253.42 279.75 Td (judgments ) Tj ET Q q 0 0 0 rg BT 302.33 279.75 Td (about ) Tj ET Q q 0 0 0 rg BT 330.14 279.75 Td (the ) Tj ET Q q 0 0 0 rg BT 346.82 279.75 Td (carrying ) Tj ET Q q 0 0 0 rg BT 385.16 279.75 Td (values ) Tj ET Q q 0 0 0 rg BT 416.85 279.75 Td (of ) Tj ET Q q 0 0 0 rg BT 427.96 279.75 Td (assets ) Tj ET Q q 0 0 0 rg BT 459.64 279.75 Td (and ) Tj ET Q q 0 0 0 rg BT 479.11 279.75 Td (liabilities.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 261.75 Td (Fair ) Tj ET Q q 0 0 0 rg BT 71.12 261.75 Td (V) Tj ET Q q 0 0 0 rg BT 77.24 261.75 Td (alue ) Tj ET Q q 0 0 0 rg BT 100.02 261.75 Td (of ) Tj ET Q q 0 0 0 rg BT 112.24 261.75 Td (Financial ) Tj ET Q q 0 0 0 rg BT 158.36 261.75 Td (Instruments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 243.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 93.25 243.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 132.52 243.75 Td (assets ) Tj ET Q q 0 0 0 rg BT 164.00 243.75 Td (and ) Tj ET Q q 0 0 0 rg BT 183.27 243.75 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 223.64 243.75 Td (that ) Tj ET Q q 0 0 0 rg BT 242.90 243.75 Td (are ) Tj ET Q q 0 0 0 rg BT 259.93 243.75 Td (measured ) Tj ET Q q 0 0 0 rg BT 306.98 243.75 Td (at ) Tj ET Q q 0 0 0 rg BT 317.90 243.75 Td (fair ) Tj ET Q q 0 0 0 rg BT 334.37 243.75 Td (value ) Tj ET Q q 0 0 0 rg BT 360.86 243.75 Td (on ) Tj ET Q q 0 0 0 rg BT 374.56 243.75 Td (a ) Tj ET Q q 0 0 0 rg BT 382.70 243.75 Td (recurring ) Tj ET Q q 0 0 0 rg BT 424.74 243.75 Td (basis ) Tj ET Q q 0 0 0 rg BT 450.67 243.75 Td (include ) Tj ET Q q 0 0 0 rg BT 484.93 243.75 Td (cash ) Tj ET Q q 0 0 0 rg BT 508.64 243.75 Td (equivalents, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 231.75 Td (marketable ) Tj ET Q q 0 0 0 rg BT 101.23 231.75 Td (securities, ) Tj ET Q q 0 0 0 rg BT 148.00 231.75 Td (derivative ) Tj ET Q q 0 0 0 rg BT 192.56 231.75 Td (contracts, ) Tj ET Q q 0 0 0 rg BT 237.67 231.75 Td (and ) Tj ET Q q 0 0 0 rg BT 256.11 231.75 Td (non-marketable ) Tj ET Q q 0 0 0 rg BT 327.35 231.75 Td (debt ) Tj ET Q q 0 0 0 rg BT 348.57 231.75 Td (securities. ) Tj ET Q q 0 0 0 rg BT 395.35 231.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 413.78 231.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 452.23 231.75 Td (assets ) Tj ET Q q 0 0 0 rg BT 482.89 231.75 Td (that ) Tj ET Q q 0 0 0 rg BT 501.33 231.75 Td (are ) Tj ET Q q 0 0 0 rg BT 517.54 231.75 Td (measured ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 219.75 Td (at ) Tj ET Q q 0 0 0 rg BT 60.60 219.75 Td (fair ) Tj ET Q q 0 0 0 rg BT 76.75 219.75 Td (value ) Tj ET Q q 0 0 0 rg BT 102.92 219.75 Td (on ) Tj ET Q q 0 0 0 rg BT 116.30 219.75 Td (a ) Tj ET Q q 0 0 0 rg BT 124.12 219.75 Td (nonrecurring ) Tj ET Q q 0 0 0 rg BT 182.53 219.75 Td (basis ) Tj ET Q q 0 0 0 rg BT 208.13 219.75 Td (include ) Tj ET Q q 0 0 0 rg BT 242.08 219.75 Td (non-marketable ) Tj ET Q q 0 0 0 rg BT 313.82 219.75 Td (equity ) Tj ET Q q 0 0 0 rg BT 342.77 219.75 Td (securities ) Tj ET Q q 0 0 0 rg BT 387.27 219.75 Td (measured ) Tj ET Q q 0 0 0 rg BT 433.99 219.75 Td (at ) Tj ET Q q 0 0 0 rg BT 444.59 219.75 Td (fair ) Tj ET Q q 0 0 0 rg BT 460.75 219.75 Td (value ) Tj ET Q q 0 0 0 rg BT 486.91 219.75 Td (when ) Tj ET Q q 0 0 0 rg BT 513.08 219.75 Td (observable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 207.75 Td (price ) Tj ET Q q 0 0 0 rg BT 75.08 207.75 Td (changes ) Tj ET Q q 0 0 0 rg BT 116.28 207.75 Td (are ) Tj ET Q q 0 0 0 rg BT 134.14 207.75 Td (identified ) Tj ET Q q 0 0 0 rg BT 177.57 207.75 Td (or ) Tj ET Q q 0 0 0 rg BT 189.86 207.75 Td (are ) Tj ET Q q 0 0 0 rg BT 207.71 207.75 Td (impaired. ) Tj ET Q q 0 0 0 rg BT 252.24 207.75 Td (Other ) Tj ET Q q 0 0 0 rg BT 280.65 207.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 320.74 207.75 Td (assets ) Tj ET Q q 0 0 0 rg BT 353.05 207.75 Td (and ) Tj ET Q q 0 0 0 rg BT 373.13 207.75 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 414.33 207.75 Td (are ) Tj ET Q q 0 0 0 rg BT 432.18 207.75 Td (carried ) Tj ET Q q 0 0 0 rg BT 466.15 207.75 Td (at ) Tj ET Q q 0 0 0 rg BT 477.89 207.75 Td (cost ) Tj ET Q q 0 0 0 rg BT 499.63 207.75 Td (with ) Tj ET Q q 0 0 0 rg BT 520.81 207.75 Td (fair ) Tj ET Q q 0 0 0 rg BT 538.11 207.75 Td (value ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 195.75 Td (disclosed, ) Tj ET Q q 0 0 0 rg BT 97.25 195.75 Td (if ) Tj ET Q q 0 0 0 rg BT 105.02 195.75 Td (required.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 177.75 Td (Fair ) Tj ET Q q 0 0 0 rg BT 92.65 177.75 Td (value ) Tj ET Q q 0 0 0 rg BT 119.48 177.75 Td (is ) Tj ET Q q 0 0 0 rg BT 129.63 177.75 Td (an ) Tj ET Q q 0 0 0 rg BT 143.68 177.75 Td (exit ) Tj ET Q q 0 0 0 rg BT 162.17 177.75 Td (price, ) Tj ET Q q 0 0 0 rg BT 189.55 177.75 Td (representing ) Tj ET Q q 0 0 0 rg BT 248.07 177.75 Td (the ) Tj ET Q q 0 0 0 rg BT 264.90 177.75 Td (amount ) Tj ET Q q 0 0 0 rg BT 301.18 177.75 Td (that ) Tj ET Q q 0 0 0 rg BT 320.79 177.75 Td (would ) Tj ET Q q 0 0 0 rg BT 349.85 177.75 Td (be ) Tj ET Q q 0 0 0 rg BT 363.90 177.75 Td (received ) Tj ET Q q 0 0 0 rg BT 404.62 177.75 Td (to ) Tj ET Q q 0 0 0 rg BT 415.89 177.75 Td (sell ) Tj ET Q q 0 0 0 rg BT 433.82 177.75 Td (an ) Tj ET Q q 0 0 0 rg BT 447.87 177.75 Td (asset ) Tj ET Q q 0 0 0 rg BT 474.70 177.75 Td (or ) Tj ET Q q 0 0 0 rg BT 486.52 177.75 Td (paid ) Tj ET Q q 0 0 0 rg BT 508.36 177.75 Td (to ) Tj ET Q q 0 0 0 rg BT 519.62 177.75 Td (transfer ) Tj ET Q q 0 0 0 rg BT 556.45 177.75 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 165.75 Td (liability ) Tj ET Q q 0 0 0 rg BT 82.30 165.75 Td (in ) Tj ET Q q 0 0 0 rg BT 92.38 165.75 Td (an ) Tj ET Q q 0 0 0 rg BT 105.79 165.75 Td (orderly ) Tj ET Q q 0 0 0 rg BT 138.65 165.75 Td (transaction ) Tj ET Q q 0 0 0 rg BT 189.86 165.75 Td (between ) Tj ET Q q 0 0 0 rg BT 229.96 165.75 Td (market ) Tj ET Q q 0 0 0 rg BT 262.81 165.75 Td (participants. ) Tj ET Q q 0 0 0 rg BT 318.56 165.75 Td (As ) Tj ET Q q 0 0 0 rg BT 332.52 165.75 Td (such, ) Tj ET Q q 0 0 0 rg BT 358.71 165.75 Td (fair ) Tj ET Q q 0 0 0 rg BT 374.90 165.75 Td (value ) Tj ET Q q 0 0 0 rg BT 401.10 165.75 Td (is ) Tj ET Q q 0 0 0 rg BT 410.61 165.75 Td (a ) Tj ET Q q 0 0 0 rg BT 418.46 165.75 Td (market-based ) Tj ET Q q 0 0 0 rg BT 481.89 165.75 Td (measurement ) Tj ET Q q 0 0 0 rg BT 545.32 165.75 Td (that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 153.75 Td (is ) Tj ET Q q 0 0 0 rg BT 60.26 153.75 Td (determined ) Tj ET Q q 0 0 0 rg BT 113.34 153.75 Td (based ) Tj ET Q q 0 0 0 rg BT 143.63 153.75 Td (on ) Tj ET Q q 0 0 0 rg BT 157.79 153.75 Td (assumptions ) Tj ET Q q 0 0 0 rg BT 216.97 153.75 Td (that ) Tj ET Q q 0 0 0 rg BT 236.70 153.75 Td (market ) Tj ET Q q 0 0 0 rg BT 270.30 153.75 Td (participants ) Tj ET Q q 0 0 0 rg BT 324.48 153.75 Td (would ) Tj ET Q q 0 0 0 rg BT 353.65 153.75 Td (use ) Tj ET Q q 0 0 0 rg BT 372.82 153.75 Td (in ) Tj ET Q q 0 0 0 rg BT 383.64 153.75 Td (pricing ) Tj ET Q q 0 0 0 rg BT 416.14 153.75 Td (an ) Tj ET Q q 0 0 0 rg BT 430.31 153.75 Td (asset ) Tj ET Q q 0 0 0 rg BT 457.25 153.75 Td (or ) Tj ET Q q 0 0 0 rg BT 469.19 153.75 Td (a ) Tj ET Q q 0 0 0 rg BT 477.79 153.75 Td (liability) Tj ET Q q 0 0 0 rg BT 507.06 153.75 Td (. ) Tj ET Q q 0 0 0 rg BT 512.28 153.75 Td (Assets ) Tj ET Q q 0 0 0 rg BT 545.33 153.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 141.75 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 90.31 141.75 Td (recorded ) Tj ET Q q 0 0 0 rg BT 132.30 141.75 Td (at ) Tj ET Q q 0 0 0 rg BT 143.16 141.75 Td (fair ) Tj ET Q q 0 0 0 rg BT 159.57 141.75 Td (value ) Tj ET Q q 0 0 0 rg BT 186.00 141.75 Td (are ) Tj ET Q q 0 0 0 rg BT 202.97 141.75 Td (measured ) Tj ET Q q 0 0 0 rg BT 249.96 141.75 Td (and ) Tj ET Q q 0 0 0 rg BT 269.17 141.75 Td (classified ) Tj ET Q q 0 0 0 rg BT 312.82 141.75 Td (in ) Tj ET Q q 0 0 0 rg BT 323.12 141.75 Td (accordance ) Tj ET Q q 0 0 0 rg BT 377.34 141.75 Td (with ) Tj ET Q q 0 0 0 rg BT 397.64 141.75 Td (a ) Tj ET Q q 0 0 0 rg BT 405.73 141.75 Td (three-tier ) Tj ET Q q 0 0 0 rg BT 448.26 141.75 Td (fair ) Tj ET Q q 0 0 0 rg BT 464.67 141.75 Td (value ) Tj ET Q q 0 0 0 rg BT 491.10 141.75 Td (hierarchy ) Tj ET Q q 0 0 0 rg BT 534.75 141.75 Td (based ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 129.75 Td (on ) Tj ET Q q 0 0 0 rg BT 63.90 129.75 Td (the ) Tj ET Q q 0 0 0 rg BT 80.58 129.75 Td (observability ) Tj ET Q q 0 0 0 rg BT 138.94 129.75 Td (of ) Tj ET Q q 0 0 0 rg BT 150.06 129.75 Td (the ) Tj ET Q q 0 0 0 rg BT 166.74 129.75 Td (inputs ) Tj ET Q q 0 0 0 rg BT 196.20 129.75 Td (available ) Tj ET Q q 0 0 0 rg BT 238.45 129.75 Td (in ) Tj ET Q q 0 0 0 rg BT 249.01 129.75 Td (the ) Tj ET Q q 0 0 0 rg BT 265.69 129.75 Td (market ) Tj ET Q q 0 0 0 rg BT 299.03 129.75 Td (used ) Tj ET Q q 0 0 0 rg BT 323.50 129.75 Td (to ) Tj ET Q q 0 0 0 rg BT 334.61 129.75 Td (measure ) Tj ET Q q 0 0 0 rg BT 376.30 129.75 Td (fair ) Tj ET Q q 0 0 0 rg BT 392.97 129.75 Td (value:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 111.75 Td (Level ) Tj ET Q q 0 0 0 rg BT 100.42 111.75 Td (1 ) Tj ET Q q 0 0 0 rg BT 110.00 111.75 Td (- ) Tj ET Q q 0 0 0 rg BT 117.35 111.75 Td (Observable ) Tj ET Q q 0 0 0 rg BT 172.50 111.75 Td (inputs ) Tj ET Q q 0 0 0 rg BT 203.21 111.75 Td (that ) Tj ET Q q 0 0 0 rg BT 223.90 111.75 Td (reflect ) Tj ET Q q 0 0 0 rg BT 255.15 111.75 Td (quoted ) Tj ET Q q 0 0 0 rg BT 289.75 111.75 Td (prices ) Tj ET Q q 0 0 0 rg BT 320.45 111.75 Td (\(unadjusted\) ) Tj ET Q q 0 0 0 rg BT 380.05 111.75 Td (for ) Tj ET Q q 0 0 0 rg BT 395.74 111.75 Td (identical ) Tj ET Q q 0 0 0 rg BT 436.45 111.75 Td (assets ) Tj ET Q q 0 0 0 rg BT 469.37 111.75 Td (or ) Tj ET Q q 0 0 0 rg BT 482.27 111.75 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 524.08 111.75 Td (in ) Tj ET Q q 0 0 0 rg BT 535.88 111.75 Td (active ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 99.75 Td (markets.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 81.75 Td (Level ) Tj ET Q q 0 0 0 rg BT 99.64 81.75 Td (2 ) Tj ET Q q 0 0 0 rg BT 108.43 81.75 Td (- ) Tj ET Q q 0 0 0 rg BT 114.99 81.75 Td (Inputs ) Tj ET Q q 0 0 0 rg BT 145.46 81.75 Td (that ) Tj ET Q q 0 0 0 rg BT 165.38 81.75 Td (are ) Tj ET Q q 0 0 0 rg BT 183.06 81.75 Td (based ) Tj ET Q q 0 0 0 rg BT 213.54 81.75 Td (upon ) Tj ET Q q 0 0 0 rg BT 239.02 81.75 Td (quoted ) Tj ET Q q 0 0 0 rg BT 272.83 81.75 Td (prices ) Tj ET Q q 0 0 0 rg BT 302.74 81.75 Td (for ) Tj ET Q q 0 0 0 rg BT 317.64 81.75 Td (similar ) Tj ET Q q 0 0 0 rg BT 349.76 81.75 Td (instruments ) Tj ET Q q 0 0 0 rg BT 404.67 81.75 Td (in ) Tj ET Q q 0 0 0 rg BT 415.69 81.75 Td (active ) Tj ET Q q 0 0 0 rg BT 445.04 81.75 Td (markets, ) Tj ET Q q 0 0 0 rg BT 486.62 81.75 Td (quoted ) Tj ET Q q 0 0 0 rg BT 520.43 81.75 Td (prices ) Tj ET Q q 0 0 0 rg BT 550.34 81.75 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 69.75 Td (identical ) Tj ET Q q 0 0 0 rg BT 112.25 69.75 Td (or ) Tj ET Q q 0 0 0 rg BT 124.21 69.75 Td (similar ) Tj ET Q q 0 0 0 rg BT 156.16 69.75 Td (instruments ) Tj ET Q q 0 0 0 rg BT 210.90 69.75 Td (in ) Tj ET Q q 0 0 0 rg BT 221.75 69.75 Td (markets ) Tj ET Q q 0 0 0 rg BT 260.38 69.75 Td (that ) Tj ET Q q 0 0 0 rg BT 280.12 69.75 Td (are ) Tj ET Q q 0 0 0 rg BT 297.63 69.75 Td (not ) Tj ET Q q 0 0 0 rg BT 314.60 69.75 Td (active, ) Tj ET Q q 0 0 0 rg BT 346.56 69.75 Td (and ) Tj ET Q q 0 0 0 rg BT 366.31 69.75 Td (model-based ) Tj ET Q q 0 0 0 rg BT 427.19 69.75 Td (valuation ) Tj ET Q q 0 0 0 rg BT 470.28 69.75 Td (techniques ) Tj ET Q q 0 0 0 rg BT 521.71 69.75 Td (for ) Tj ET Q q 0 0 0 rg BT 536.44 69.75 Td (which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 57.75 Td (all ) Tj ET Q q 0 0 0 rg BT 83.96 57.75 Td (significant ) Tj ET Q q 0 0 0 rg BT 129.89 57.75 Td (inputs ) Tj ET Q q 0 0 0 rg BT 158.04 57.75 Td (are ) Tj ET Q q 0 0 0 rg BT 173.95 57.75 Td (observable ) Tj ET Q q 0 0 0 rg BT 224.33 57.75 Td (in ) Tj ET Q q 0 0 0 rg BT 233.57 57.75 Td (the ) Tj ET Q q 0 0 0 rg BT 248.93 57.75 Td (market ) Tj ET Q q 0 0 0 rg BT 280.95 57.75 Td (or ) Tj ET Q q 0 0 0 rg BT 291.30 57.75 Td (can ) Tj ET Q q 0 0 0 rg BT 308.89 57.75 Td (be ) Tj ET Q q 0 0 0 rg BT 321.47 57.75 Td (derived ) Tj ET Q q 0 0 0 rg BT 355.73 57.75 Td (from ) Tj ET Q q 0 0 0 rg BT 377.19 57.75 Td (observable ) Tj ET Q q 0 0 0 rg BT 427.57 57.75 Td (market ) Tj ET Q q 0 0 0 rg BT 459.59 57.75 Td (data. ) Tj ET Q q 0 0 0 rg BT 483.29 57.75 Td (Where ) Tj ET Q q 0 0 0 rg BT 514.20 57.75 Td (applicable, ) Tj ET Q endstream endobj 21 0 obj <>] /Rotate 0 /Contents 22 0 R>> endobj 22 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 53 767.1939453125 m 130.8271484375 767.1939453125 l s q 0 0 1 rg BT 53.00 768.62 Td (T) Tj ET Q q 0 0 1 rg BT 58.00 768.62 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.396078431372549 0.396078431372549 0.396078431372549 rg BT 494.20 768.62 Td (Alphabet Inc.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.20 31.25 Td (8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 741.75 Td (these ) Tj ET Q q 0 0 0 rg BT 99.80 741.75 Td (models ) Tj ET Q q 0 0 0 rg BT 134.87 741.75 Td (project ) Tj ET Q q 0 0 0 rg BT 167.72 741.75 Td (future ) Tj ET Q q 0 0 0 rg BT 196.12 741.75 Td (cash ) Tj ET Q q 0 0 0 rg BT 220.08 741.75 Td (flows ) Tj ET Q q 0 0 0 rg BT 245.70 741.75 Td (and ) Tj ET Q q 0 0 0 rg BT 265.21 741.75 Td (discount ) Tj ET Q q 0 0 0 rg BT 305.29 741.75 Td (the ) Tj ET Q q 0 0 0 rg BT 322.03 741.75 Td (future ) Tj ET Q q 0 0 0 rg BT 350.43 741.75 Td (amounts ) Tj ET Q q 0 0 0 rg BT 391.62 741.75 Td (to ) Tj ET Q q 0 0 0 rg BT 402.80 741.75 Td (a ) Tj ET Q q 0 0 0 rg BT 411.19 741.75 Td (present ) Tj ET Q q 0 0 0 rg BT 447.38 741.75 Td (value ) Tj ET Q q 0 0 0 rg BT 474.12 741.75 Td (using ) Tj ET Q q 0 0 0 rg BT 500.86 741.75 Td (market-based ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 729.75 Td (observable ) Tj ET Q q 0 0 0 rg BT 124.20 729.75 Td (inputs ) Tj ET Q q 0 0 0 rg BT 153.66 729.75 Td (including ) Tj ET Q q 0 0 0 rg BT 195.91 729.75 Td (interest ) Tj ET Q q 0 0 0 rg BT 231.48 729.75 Td (rate ) Tj ET Q q 0 0 0 rg BT 251.49 729.75 Td (curves, ) Tj ET Q q 0 0 0 rg BT 286.50 729.75 Td (foreign ) Tj ET Q q 0 0 0 rg BT 319.86 729.75 Td (exchange ) Tj ET Q q 0 0 0 rg BT 366.01 729.75 Td (rates, ) Tj ET Q q 0 0 0 rg BT 393.79 729.75 Td (and ) Tj ET Q q 0 0 0 rg BT 413.26 729.75 Td (credit ) Tj ET Q q 0 0 0 rg BT 440.49 729.75 Td (ratings.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 711.75 Td (Level ) Tj ET Q q 0 0 0 rg BT 99.18 711.75 Td (3 ) Tj ET Q q 0 0 0 rg BT 107.52 711.75 Td (- ) Tj ET Q q 0 0 0 rg BT 113.63 711.75 Td (Unobservable ) Tj ET Q q 0 0 0 rg BT 178.12 711.75 Td (inputs ) Tj ET Q q 0 0 0 rg BT 207.58 711.75 Td (that ) Tj ET Q q 0 0 0 rg BT 227.04 711.75 Td (are ) Tj ET Q q 0 0 0 rg BT 244.27 711.75 Td (supported ) Tj ET Q q 0 0 0 rg BT 291.52 711.75 Td (by ) Tj ET Q q 0 0 0 rg BT 304.86 711.75 Td (little ) Tj ET Q q 0 0 0 rg BT 325.42 711.75 Td (or ) Tj ET Q q 0 0 0 rg BT 337.09 711.75 Td (no ) Tj ET Q q 0 0 0 rg BT 351.00 711.75 Td (market ) Tj ET Q q 0 0 0 rg BT 384.34 711.75 Td (activities.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 693.75 Td (The ) Tj ET Q q 0 0 0 rg BT 93.24 693.75 Td (fair ) Tj ET Q q 0 0 0 rg BT 110.64 693.75 Td (value ) Tj ET Q q 0 0 0 rg BT 138.06 693.75 Td (hierarchy ) Tj ET Q q 0 0 0 rg BT 182.70 693.75 Td (requires ) Tj ET Q q 0 0 0 rg BT 222.33 693.75 Td (an ) Tj ET Q q 0 0 0 rg BT 236.97 693.75 Td (entity ) Tj ET Q q 0 0 0 rg BT 264.38 693.75 Td (to ) Tj ET Q q 0 0 0 rg BT 276.23 693.75 Td (maximize ) Tj ET Q q 0 0 0 rg BT 321.96 693.75 Td (the ) Tj ET Q q 0 0 0 rg BT 339.38 693.75 Td (use ) Tj ET Q q 0 0 0 rg BT 359.01 693.75 Td (of ) Tj ET Q q 0 0 0 rg BT 370.86 693.75 Td (observable ) Tj ET Q q 0 0 0 rg BT 423.29 693.75 Td (inputs ) Tj ET Q q 0 0 0 rg BT 453.48 693.75 Td (and ) Tj ET Q q 0 0 0 rg BT 473.68 693.75 Td (minimize ) Tj ET Q q 0 0 0 rg BT 516.63 693.75 Td (the ) Tj ET Q q 0 0 0 rg BT 534.05 693.75 Td (use ) Tj ET Q q 0 0 0 rg BT 553.68 693.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 681.75 Td (unobservable ) Tj ET Q q 0 0 0 rg BT 112.82 681.75 Td (inputs ) Tj ET Q q 0 0 0 rg BT 142.29 681.75 Td (when ) Tj ET Q q 0 0 0 rg BT 168.97 681.75 Td (measuring ) Tj ET Q q 0 0 0 rg BT 218.44 681.75 Td (fair ) Tj ET Q q 0 0 0 rg BT 235.11 681.75 Td (value. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 663.75 Td (Recent ) Tj ET Q q 0 0 0 rg BT 85.75 663.75 Td (Accounting ) Tj ET Q q 0 0 0 rg BT 143.53 663.75 Td (Pronouncements) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 72.50 645.75 Td (Recently ) Tj ET Q q 0 0 0 rg BT 116.96 645.75 Td (issued ) Tj ET Q q 0 0 0 rg BT 151.42 645.75 Td (accounting ) Tj ET Q q 0 0 0 rg BT 207.53 645.75 Td (pronouncements ) Tj ET Q q 0 0 0 rg BT 291.43 645.75 Td (not ) Tj ET Q q 0 0 0 rg BT 309.76 645.75 Td (yet ) Tj ET Q q 0 0 0 rg BT 326.99 645.75 Td (adopted) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 627.75 Td (In ) Tj ET Q q 0 0 0 rg BT 83.73 627.75 Td (February ) Tj ET Q q 0 0 0 rg BT 126.64 627.75 Td (2016, ) Tj ET Q q 0 0 0 rg BT 154.56 627.75 Td (the ) Tj ET Q q 0 0 0 rg BT 171.35 627.75 Td (Financial ) Tj ET Q q 0 0 0 rg BT 213.69 627.75 Td (Accounting ) Tj ET Q q 0 0 0 rg BT 266.06 627.75 Td (Standards ) Tj ET Q q 0 0 0 rg BT 314.53 627.75 Td (Board ) Tj ET Q q 0 0 0 rg BT 344.11 627.75 Td (\(F) Tj ET Q q 0 0 0 rg BT 353.00 627.75 Td (ASB\) ) Tj ET Q q 0 0 0 rg BT 379.23 627.75 Td (issued ) Tj ET Q q 0 0 0 rg BT 410.45 627.75 Td (Accounting ) Tj ET Q q 0 0 0 rg BT 462.82 627.75 Td (Standards ) Tj ET Q q 0 0 0 rg BT 511.30 627.75 Td (Update ) Tj ET Q q 0 0 0 rg BT 546.44 627.75 Td (No. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 615.75 Td (2016-02 ) Tj ET Q q 0 0 0 rg BT 90.12 615.75 Td (\(T) Tj ET Q q 0 0 0 rg BT 98.45 615.75 Td (opic ) Tj ET Q q 0 0 0 rg BT 120.21 615.75 Td (842\) ) Tj ET Q q 0 0 0 rg BT 143.64 615.75 Td ("Leases." ) Tj ET Q q 0 0 0 rg BT 188.95 615.75 Td (T) Tj ET Q q 0 0 0 rg BT 193.95 615.75 Td (opic ) Tj ET Q q 0 0 0 rg BT 215.72 615.75 Td (842 ) Tj ET Q q 0 0 0 rg BT 235.82 615.75 Td (supersedes ) Tj ET Q q 0 0 0 rg BT 290.93 615.75 Td (the ) Tj ET Q q 0 0 0 rg BT 308.25 615.75 Td (lease ) Tj ET Q q 0 0 0 rg BT 335.57 615.75 Td (requirements ) Tj ET Q q 0 0 0 rg BT 397.35 615.75 Td (in ) Tj ET Q q 0 0 0 rg BT 407.87 615.75 Td (Accounting ) Tj ET Q q 0 0 0 rg BT 460.76 615.75 Td (Standards ) Tj ET Q q 0 0 0 rg BT 509.76 615.75 Td (Codification ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 603.75 Td (\(ASC\) ) Tj ET Q q 0 0 0 rg BT 79.97 603.75 Td (T) Tj ET Q q 0 0 0 rg BT 84.97 603.75 Td (opic ) Tj ET Q q 0 0 0 rg BT 106.26 603.75 Td (840, ) Tj ET Q q 0 0 0 rg BT 128.66 603.75 Td ("Leases." ) Tj ET Q q 0 0 0 rg BT 173.73 603.75 Td (Under ) Tj ET Q q 0 0 0 rg BT 203.71 603.75 Td (T) Tj ET Q q 0 0 0 rg BT 208.71 603.75 Td (opic ) Tj ET Q q 0 0 0 rg BT 230.00 603.75 Td (842, ) Tj ET Q q 0 0 0 rg BT 252.40 603.75 Td (lessees ) Tj ET Q q 0 0 0 rg BT 289.25 603.75 Td (are ) Tj ET Q q 0 0 0 rg BT 306.64 603.75 Td (required ) Tj ET Q q 0 0 0 rg BT 346.27 603.75 Td (to ) Tj ET Q q 0 0 0 rg BT 357.55 603.75 Td (recognize ) Tj ET Q q 0 0 0 rg BT 403.85 603.75 Td (assets ) Tj ET Q q 0 0 0 rg BT 435.70 603.75 Td (and ) Tj ET Q q 0 0 0 rg BT 455.32 603.75 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 496.06 603.75 Td (on ) Tj ET Q q 0 0 0 rg BT 510.12 603.75 Td (the ) Tj ET Q q 0 0 0 rg BT 526.96 603.75 Td (balance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 591.75 Td (sheet ) Tj ET Q q 0 0 0 rg BT 77.87 591.75 Td (for ) Tj ET Q q 0 0 0 rg BT 92.94 591.75 Td (most ) Tj ET Q q 0 0 0 rg BT 118.01 591.75 Td (leases ) Tj ET Q q 0 0 0 rg BT 150.32 591.75 Td (and ) Tj ET Q q 0 0 0 rg BT 170.41 591.75 Td (provide ) Tj ET Q q 0 0 0 rg BT 206.61 591.75 Td (enhanced ) Tj ET Q q 0 0 0 rg BT 253.94 591.75 Td (disclosures. ) Tj ET Q q 0 0 0 rg BT 310.14 591.75 Td (Leases ) Tj ET Q q 0 0 0 rg BT 345.79 591.75 Td (will ) Tj ET Q q 0 0 0 rg BT 363.08 591.75 Td (continue ) Tj ET Q q 0 0 0 rg BT 404.29 591.75 Td (to ) Tj ET Q q 0 0 0 rg BT 416.03 591.75 Td (be ) Tj ET Q q 0 0 0 rg BT 430.55 591.75 Td (classified ) Tj ET Q q 0 0 0 rg BT 475.08 591.75 Td (as ) Tj ET Q q 0 0 0 rg BT 489.05 591.75 Td (either ) Tj ET Q q 0 0 0 rg BT 517.46 591.75 Td (finance ) Tj ET Q q 0 0 0 rg BT 553.11 591.75 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 579.75 Td (operating. ) Tj ET Q q 0 0 0 rg BT 96.84 579.75 Td (As ) Tj ET Q q 0 0 0 rg BT 111.46 579.75 Td (currently ) Tj ET Q q 0 0 0 rg BT 152.75 579.75 Td (issued, ) Tj ET Q q 0 0 0 rg BT 187.38 579.75 Td (entities ) Tj ET Q q 0 0 0 rg BT 222.01 579.75 Td (are ) Tj ET Q q 0 0 0 rg BT 239.42 579.75 Td (required ) Tj ET Q q 0 0 0 rg BT 279.05 579.75 Td (to ) Tj ET Q q 0 0 0 rg BT 290.34 579.75 Td (use ) Tj ET Q q 0 0 0 rg BT 309.41 579.75 Td (a ) Tj ET Q q 0 0 0 rg BT 317.92 579.75 Td (modified ) Tj ET Q q 0 0 0 rg BT 358.67 579.75 Td (retrospective ) Tj ET Q q 0 0 0 rg BT 418.86 579.75 Td (approach ) Tj ET Q q 0 0 0 rg BT 463.51 579.75 Td (for ) Tj ET Q q 0 0 0 rg BT 478.12 579.75 Td (leases ) Tj ET Q q 0 0 0 rg BT 509.98 579.75 Td (that ) Tj ET Q q 0 0 0 rg BT 529.61 579.75 Td (exist ) Tj ET Q q 0 0 0 rg BT 553.12 579.75 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 567.75 Td (are ) Tj ET Q q 0 0 0 rg BT 66.82 567.75 Td (entered ) Tj ET Q q 0 0 0 rg BT 103.10 567.75 Td (into ) Tj ET Q q 0 0 0 rg BT 121.59 567.75 Td (after ) Tj ET Q q 0 0 0 rg BT 143.96 567.75 Td (the ) Tj ET Q q 0 0 0 rg BT 160.23 567.75 Td (beginning ) Tj ET Q q 0 0 0 rg BT 205.97 567.75 Td (of ) Tj ET Q q 0 0 0 rg BT 216.67 567.75 Td (the ) Tj ET Q q 0 0 0 rg BT 232.94 567.75 Td (earliest ) Tj ET Q q 0 0 0 rg BT 267.54 567.75 Td (comparative ) Tj ET Q q 0 0 0 rg BT 324.37 567.75 Td (period ) Tj ET Q q 0 0 0 rg BT 354.53 567.75 Td (in ) Tj ET Q q 0 0 0 rg BT 364.68 567.75 Td (the ) Tj ET Q q 0 0 0 rg BT 380.95 567.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 420.00 567.75 Td (statements. ) Tj ET Q q 0 0 0 rg BT 473.90 567.75 Td (There ) Tj ET Q q 0 0 0 rg BT 502.39 567.75 Td (are ) Tj ET Q q 0 0 0 rg BT 519.21 567.75 Td (additional ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 555.75 Td (optional ) Tj ET Q q 0 0 0 rg BT 87.53 555.75 Td (practical ) Tj ET Q q 0 0 0 rg BT 127.26 555.75 Td (expedients ) Tj ET Q q 0 0 0 rg BT 178.13 555.75 Td (that ) Tj ET Q q 0 0 0 rg BT 197.30 555.75 Td (an ) Tj ET Q q 0 0 0 rg BT 210.93 555.75 Td (entity ) Tj ET Q q 0 0 0 rg BT 237.32 555.75 Td (may ) Tj ET Q q 0 0 0 rg BT 258.71 555.75 Td (elect ) Tj ET Q q 0 0 0 rg BT 282.33 555.75 Td (to ) Tj ET Q q 0 0 0 rg BT 293.17 555.75 Td (apply) Tj ET Q q 0 0 0 rg BT 316.34 555.75 Td (. ) Tj ET Q q 0 0 0 rg BT 321.61 555.75 Td (Based ) Tj ET Q q 0 0 0 rg BT 352.46 555.75 Td (on ) Tj ET Q q 0 0 0 rg BT 366.08 555.75 Td (our ) Tj ET Q q 0 0 0 rg BT 383.03 555.75 Td (current ) Tj ET Q q 0 0 0 rg BT 416.66 555.75 Td (portfolio ) Tj ET Q q 0 0 0 rg BT 454.73 555.75 Td (of ) Tj ET Q q 0 0 0 rg BT 465.57 555.75 Td (leases, ) Tj ET Q q 0 0 0 rg BT 499.75 555.75 Td (approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 543.75 Td ($8 ) Tj ET Q q 0 0 0 rg BT 63.50 543.75 Td (billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.08 543.75 Td ( ) Tj ET Q q 0 0 0 rg BT 91.46 543.75 Td (of ) Tj ET Q q 0 0 0 rg BT 102.18 543.75 Td (lease ) Tj ET Q q 0 0 0 rg BT 128.46 543.75 Td (assets ) Tj ET Q q 0 0 0 rg BT 159.75 543.75 Td (and ) Tj ET Q q 0 0 0 rg BT 178.81 543.75 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 218.99 543.75 Td (would ) Tj ET Q q 0 0 0 rg BT 247.49 543.75 Td (be ) Tj ET Q q 0 0 0 rg BT 261.00 543.75 Td (recognized ) Tj ET Q q 0 0 0 rg BT 312.30 543.75 Td (on ) Tj ET Q q 0 0 0 rg BT 325.80 543.75 Td (our ) Tj ET Q q 0 0 0 rg BT 342.64 543.75 Td (balance ) Tj ET Q q 0 0 0 rg BT 380.05 543.75 Td (sheet, ) Tj ET Q q 0 0 0 rg BT 409.67 543.75 Td (primarily ) Tj ET Q q 0 0 0 rg BT 449.83 543.75 Td (relating ) Tj ET Q q 0 0 0 rg BT 485.01 543.75 Td (to ) Tj ET Q q 0 0 0 rg BT 495.73 543.75 Td (real ) Tj ET Q q 0 0 0 rg BT 514.78 543.75 Td (estate. ) Tj ET Q q 0 0 0 rg BT 547.18 543.75 Td (W) Tj ET Q q 0 0 0 rg BT 556.44 543.75 Td (e ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 531.75 Td (are ) Tj ET Q q 0 0 0 rg BT 67.88 531.75 Td (in ) Tj ET Q q 0 0 0 rg BT 79.10 531.75 Td (the ) Tj ET Q q 0 0 0 rg BT 96.43 531.75 Td (process ) Tj ET Q q 0 0 0 rg BT 134.88 531.75 Td (of ) Tj ET Q q 0 0 0 rg BT 146.65 531.75 Td (implementing ) Tj ET Q q 0 0 0 rg BT 209.55 531.75 Td (changes ) Tj ET Q q 0 0 0 rg BT 250.79 531.75 Td (to ) Tj ET Q q 0 0 0 rg BT 262.56 531.75 Td (our ) Tj ET Q q 0 0 0 rg BT 280.44 531.75 Td (systems ) Tj ET Q q 0 0 0 rg BT 320.54 531.75 Td (and ) Tj ET Q q 0 0 0 rg BT 340.66 531.75 Td (processes ) Tj ET Q q 0 0 0 rg BT 389.66 531.75 Td (in ) Tj ET Q q 0 0 0 rg BT 400.88 531.75 Td (conjunction ) Tj ET Q q 0 0 0 rg BT 454.90 531.75 Td (with ) Tj ET Q q 0 0 0 rg BT 476.11 531.75 Td (our ) Tj ET Q q 0 0 0 rg BT 494.00 531.75 Td (review ) Tj ET Q q 0 0 0 rg BT 526.32 531.75 Td (of ) Tj ET Q q 0 0 0 rg BT 538.09 531.75 Td (lease ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 519.75 Td (agreements. ) Tj ET Q q 0 0 0 rg BT 107.28 519.75 Td (W) Tj ET Q q 0 0 0 rg BT 116.54 519.75 Td (e ) Tj ET Q q 0 0 0 rg BT 123.80 519.75 Td (will ) Tj ET Q q 0 0 0 rg BT 139.38 519.75 Td (adopt ) Tj ET Q q 0 0 0 rg BT 166.00 519.75 Td (T) Tj ET Q q 0 0 0 rg BT 171.00 519.75 Td (opic ) Tj ET Q q 0 0 0 rg BT 191.04 519.75 Td (842 ) Tj ET Q q 0 0 0 rg BT 209.42 519.75 Td (ef) Tj ET Q q 0 0 0 rg BT 217.58 519.75 Td (fective ) Tj ET Q q 0 0 0 rg BT 248.18 519.75 Td (January ) Tj ET Q q 0 0 0 rg BT 285.45 519.75 Td (1, ) Tj ET Q q 0 0 0 rg BT 295.49 519.75 Td (2019 ) Tj ET Q q 0 0 0 rg BT 319.43 519.75 Td (and ) Tj ET Q q 0 0 0 rg BT 337.81 519.75 Td (expect ) Tj ET Q q 0 0 0 rg BT 368.97 519.75 Td (to ) Tj ET Q q 0 0 0 rg BT 379.01 519.75 Td (elect ) Tj ET Q q 0 0 0 rg BT 401.83 519.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 433.54 519.75 Td (available ) Tj ET Q q 0 0 0 rg BT 474.71 519.75 Td (transitional ) Tj ET Q q 0 0 0 rg BT 524.77 519.75 Td (practical ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 507.75 Td (expedients.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 489.75 Td (In ) Tj ET Q q 0 0 0 rg BT 82.54 489.75 Td (June ) Tj ET Q q 0 0 0 rg BT 105.92 489.75 Td (2016, ) Tj ET Q q 0 0 0 rg BT 132.64 489.75 Td (the ) Tj ET Q q 0 0 0 rg BT 148.24 489.75 Td (F) Tj ET Q q 0 0 0 rg BT 153.80 489.75 Td (ASB ) Tj ET Q q 0 0 0 rg BT 175.51 489.75 Td (issued ) Tj ET Q q 0 0 0 rg BT 205.78 489.75 Td (Accounting ) Tj ET Q q 0 0 0 rg BT 256.95 489.75 Td (Standards ) Tj ET Q q 0 0 0 rg BT 304.24 489.75 Td (Update ) Tj ET Q q 0 0 0 rg BT 338.18 489.75 Td (No. ) Tj ET Q q 0 0 0 rg BT 355.44 489.75 Td (2016-13 ) Tj ET Q q 0 0 0 rg BT 393.84 489.75 Td (\(ASU ) Tj ET Q q 0 0 0 rg BT 419.43 489.75 Td (2016-13\) ) Tj ET Q q 0 0 0 rg BT 461.15 489.75 Td ("Financial ) Tj ET Q q 0 0 0 rg BT 506.42 489.75 Td (Instruments-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 477.75 Td (Credit ) Tj ET Q q 0 0 0 rg BT 79.01 477.75 Td (Losses ) Tj ET Q q 0 0 0 rg BT 113.03 477.75 Td (\(T) Tj ET Q q 0 0 0 rg BT 121.36 477.75 Td (opic ) Tj ET Q q 0 0 0 rg BT 142.03 477.75 Td (326\): ) Tj ET Q q 0 0 0 rg BT 167.16 477.75 Td (Measurement ) Tj ET Q q 0 0 0 rg BT 230.63 477.75 Td (of ) Tj ET Q q 0 0 0 rg BT 241.31 477.75 Td (Credit ) Tj ET Q q 0 0 0 rg BT 270.31 477.75 Td (Losses ) Tj ET Q q 0 0 0 rg BT 304.33 477.75 Td (on ) Tj ET Q q 0 0 0 rg BT 317.79 477.75 Td (Financial ) Tj ET Q q 0 0 0 rg BT 360.14 477.75 Td (Instruments" ) Tj ET Q q 0 0 0 rg BT 418.27 477.75 Td (which ) Tj ET Q q 0 0 0 rg BT 446.17 477.75 Td (requires ) Tj ET Q q 0 0 0 rg BT 484.63 477.75 Td (the ) Tj ET Q q 0 0 0 rg BT 500.86 477.75 Td (measurement ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 465.75 Td (and ) Tj ET Q q 0 0 0 rg BT 68.61 465.75 Td (recognition ) Tj ET Q q 0 0 0 rg BT 119.45 465.75 Td (of ) Tj ET Q q 0 0 0 rg BT 129.71 465.75 Td (expected ) Tj ET Q q 0 0 0 rg BT 172.21 465.75 Td (credit ) Tj ET Q q 0 0 0 rg BT 198.59 465.75 Td (losses ) Tj ET Q q 0 0 0 rg BT 228.85 465.75 Td (for ) Tj ET Q q 0 0 0 rg BT 242.45 465.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 281.06 465.75 Td (assets ) Tj ET Q q 0 0 0 rg BT 311.88 465.75 Td (held ) Tj ET Q q 0 0 0 rg BT 332.71 465.75 Td (at ) Tj ET Q q 0 0 0 rg BT 342.97 465.75 Td (amortized ) Tj ET Q q 0 0 0 rg BT 388.79 465.75 Td (cost. ) Tj ET Q q 0 0 0 rg BT 411.45 465.75 Td (ASU ) Tj ET Q q 0 0 0 rg BT 433.93 465.75 Td (2016-13 ) Tj ET Q q 0 0 0 rg BT 472.55 465.75 Td (replaces ) Tj ET Q q 0 0 0 rg BT 512.27 465.75 Td (the ) Tj ET Q q 0 0 0 rg BT 528.09 465.75 Td (existing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 453.75 Td (incurred ) Tj ET Q q 0 0 0 rg BT 89.69 453.75 Td (loss ) Tj ET Q q 0 0 0 rg BT 111.03 453.75 Td (impairment ) Tj ET Q q 0 0 0 rg BT 164.05 453.75 Td (model ) Tj ET Q q 0 0 0 rg BT 194.85 453.75 Td (with ) Tj ET Q q 0 0 0 rg BT 216.19 453.75 Td (an ) Tj ET Q q 0 0 0 rg BT 230.88 453.75 Td (expected ) Tj ET Q q 0 0 0 rg BT 275.02 453.75 Td (loss ) Tj ET Q q 0 0 0 rg BT 296.37 453.75 Td (methodology) Tj ET Q q 0 0 0 rg BT 352.89 453.75 Td (, ) Tj ET Q q 0 0 0 rg BT 359.23 453.75 Td (which ) Tj ET Q q 0 0 0 rg BT 388.35 453.75 Td (will ) Tj ET Q q 0 0 0 rg BT 405.80 453.75 Td (result ) Tj ET Q q 0 0 0 rg BT 433.82 453.75 Td (in ) Tj ET Q q 0 0 0 rg BT 445.16 453.75 Td (more ) Tj ET Q q 0 0 0 rg BT 471.50 453.75 Td (timely ) Tj ET Q q 0 0 0 rg BT 501.18 453.75 Td (recognition ) Tj ET Q q 0 0 0 rg BT 553.66 453.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 441.75 Td (credit ) Tj ET Q q 0 0 0 rg BT 76.86 441.75 Td (losses. ) Tj ET Q q 0 0 0 rg BT 109.91 441.75 Td (ASU ) Tj ET Q q 0 0 0 rg BT 132.88 441.75 Td (2016-13 ) Tj ET Q q 0 0 0 rg BT 171.99 441.75 Td (is ) Tj ET Q q 0 0 0 rg BT 181.61 441.75 Td (ef) Tj ET Q q 0 0 0 rg BT 189.77 441.75 Td (fective ) Tj ET Q q 0 0 0 rg BT 221.08 441.75 Td (for ) Tj ET Q q 0 0 0 rg BT 235.16 441.75 Td (annual ) Tj ET Q q 0 0 0 rg BT 267.59 441.75 Td (reporting ) Tj ET Q q 0 0 0 rg BT 309.47 441.75 Td (periods, ) Tj ET Q q 0 0 0 rg BT 347.45 441.75 Td (and ) Tj ET Q q 0 0 0 rg BT 366.54 441.75 Td (interim ) Tj ET Q q 0 0 0 rg BT 398.95 441.75 Td (periods ) Tj ET Q q 0 0 0 rg BT 434.16 441.75 Td (within ) Tj ET Q q 0 0 0 rg BT 462.13 441.75 Td (those ) Tj ET Q q 0 0 0 rg BT 489.00 441.75 Td (years, ) Tj ET Q q 0 0 0 rg BT 518.64 441.75 Td (beginning ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 429.75 Td (after ) Tj ET Q q 0 0 0 rg BT 72.70 429.75 Td (December ) Tj ET Q q 0 0 0 rg BT 121.51 429.75 Td (15, ) Tj ET Q q 0 0 0 rg BT 138.10 429.75 Td (2019. ) Tj ET Q q 0 0 0 rg BT 165.81 429.75 Td (W) Tj ET Q q 0 0 0 rg BT 175.07 429.75 Td (e ) Tj ET Q q 0 0 0 rg BT 183.31 429.75 Td (are ) Tj ET Q q 0 0 0 rg BT 200.45 429.75 Td (currently ) Tj ET Q q 0 0 0 rg BT 241.48 429.75 Td (in ) Tj ET Q q 0 0 0 rg BT 251.95 429.75 Td (the ) Tj ET Q q 0 0 0 rg BT 268.54 429.75 Td (process ) Tj ET Q q 0 0 0 rg BT 306.24 429.75 Td (of ) Tj ET Q q 0 0 0 rg BT 317.27 429.75 Td (evaluating ) Tj ET Q q 0 0 0 rg BT 365.54 429.75 Td (the ) Tj ET Q q 0 0 0 rg BT 382.13 429.75 Td (ef) Tj ET Q q 0 0 0 rg BT 390.29 429.75 Td (fect ) Tj ET Q q 0 0 0 rg BT 409.09 429.75 Td (of ) Tj ET Q q 0 0 0 rg BT 420.12 429.75 Td (the ) Tj ET Q q 0 0 0 rg BT 436.71 429.75 Td (adoption ) Tj ET Q q 0 0 0 rg BT 477.76 429.75 Td (of ) Tj ET Q q 0 0 0 rg BT 488.25 429.75 Td (ASU ) Tj ET Q q 0 0 0 rg BT 511.50 429.75 Td (2016-13 ) Tj ET Q q 0 0 0 rg BT 550.89 429.75 Td (on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 417.75 Td (our ) Tj ET Q q 0 0 0 rg BT 67.23 417.75 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 126.16 417.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 165.63 417.75 Td (statements.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 72.50 399.75 Td (Recently ) Tj ET Q q 0 0 0 rg BT 116.96 399.75 Td (adopted ) Tj ET Q q 0 0 0 rg BT 158.63 399.75 Td (accounting ) Tj ET Q q 0 0 0 rg BT 214.74 399.75 Td (pronouncements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.86 399.75 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 381.75 Td (In ) Tj ET Q q 0 0 0 rg BT 85.93 381.75 Td (January ) Tj ET Q q 0 0 0 rg BT 126.59 381.75 Td (2016, ) Tj ET Q q 0 0 0 rg BT 156.70 381.75 Td (the ) Tj ET Q q 0 0 0 rg BT 175.69 381.75 Td (F) Tj ET Q q 0 0 0 rg BT 181.25 381.75 Td (ASB ) Tj ET Q q 0 0 0 rg BT 206.35 381.75 Td (issued ) Tj ET Q q 0 0 0 rg BT 239.33 381.75 Td (Accounting ) Tj ET Q q 0 0 0 rg BT 293.89 381.75 Td (Standards ) Tj ET Q q 0 0 0 rg BT 344.57 381.75 Td (Update ) Tj ET Q q 0 0 0 rg BT 381.90 381.75 Td (No. ) Tj ET Q q 0 0 0 rg BT 402.55 381.75 Td (2016-01 ) Tj ET Q q 0 0 0 rg BT 444.34 381.75 Td (\(ASU ) Tj ET Q q 0 0 0 rg BT 473.31 381.75 Td (2016-01\) ) Tj ET Q q 0 0 0 rg BT 518.43 381.75 Td ("Financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 369.75 Td (Instruments-Overall ) Tj ET Q q 0 0 0 rg BT 140.22 369.75 Td (\(Subtopic ) Tj ET Q q 0 0 0 rg BT 185.43 369.75 Td (825-10\): ) Tj ET Q q 0 0 0 rg BT 225.65 369.75 Td (Recognition ) Tj ET Q q 0 0 0 rg BT 281.44 369.75 Td (and ) Tj ET Q q 0 0 0 rg BT 301.09 369.75 Td (Measurement ) Tj ET Q q 0 0 0 rg BT 365.20 369.75 Td (of ) Tj ET Q q 0 0 0 rg BT 376.51 369.75 Td (Financial ) Tj ET Q q 0 0 0 rg BT 418.91 369.75 Td (Assets ) Tj ET Q q 0 0 0 rg BT 451.89 369.75 Td (and ) Tj ET Q q 0 0 0 rg BT 471.55 369.75 Td (Financial ) Tj ET Q q 0 0 0 rg BT 514.54 369.75 Td (Liabilities," ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 357.75 Td (which ) Tj ET Q q 0 0 0 rg BT 77.67 357.75 Td (amends ) Tj ET Q q 0 0 0 rg BT 115.34 357.75 Td (various ) Tj ET Q q 0 0 0 rg BT 149.68 357.75 Td (aspects ) Tj ET Q q 0 0 0 rg BT 186.24 357.75 Td (of ) Tj ET Q q 0 0 0 rg BT 196.68 357.75 Td (the ) Tj ET Q q 0 0 0 rg BT 212.68 357.75 Td (recognition, ) Tj ET Q q 0 0 0 rg BT 266.48 357.75 Td (measurement, ) Tj ET Q q 0 0 0 rg BT 332.50 357.75 Td (presentation, ) Tj ET Q q 0 0 0 rg BT 392.42 357.75 Td (and ) Tj ET Q q 0 0 0 rg BT 411.20 357.75 Td (disclosure ) Tj ET Q q 0 0 0 rg BT 458.32 357.75 Td (of ) Tj ET Q q 0 0 0 rg BT 468.76 357.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 507.55 357.75 Td (instruments. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 345.75 Td (W) Tj ET Q q 0 0 0 rg BT 59.26 345.75 Td (e ) Tj ET Q q 0 0 0 rg BT 67.81 345.75 Td (adopted ) Tj ET Q q 0 0 0 rg BT 106.35 345.75 Td (ASU ) Tj ET Q q 0 0 0 rg BT 129.90 345.75 Td (2016-01 ) Tj ET Q q 0 0 0 rg BT 169.59 345.75 Td (as ) Tj ET Q q 0 0 0 rg BT 183.14 345.75 Td (of ) Tj ET Q q 0 0 0 rg BT 194.47 345.75 Td (January ) Tj ET Q q 0 0 0 rg BT 233.04 345.75 Td (1, ) Tj ET Q q 0 0 0 rg BT 244.37 345.75 Td (2018 ) Tj ET Q q 0 0 0 rg BT 269.60 345.75 Td (using ) Tj ET Q q 0 0 0 rg BT 296.50 345.75 Td (the ) Tj ET Q q 0 0 0 rg BT 313.39 345.75 Td (modified ) Tj ET Q q 0 0 0 rg BT 354.18 345.75 Td (retrospective ) Tj ET Q q 0 0 0 rg BT 414.42 345.75 Td (method ) Tj ET Q q 0 0 0 rg BT 450.76 345.75 Td (for ) Tj ET Q q 0 0 0 rg BT 465.42 345.75 Td (our ) Tj ET Q q 0 0 0 rg BT 482.86 345.75 Td (marketable ) Tj ET Q q 0 0 0 rg BT 535.32 345.75 Td (equity ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 333.75 Td (securities ) Tj ET Q q 0 0 0 rg BT 97.23 333.75 Td (and ) Tj ET Q q 0 0 0 rg BT 118.90 333.75 Td (the ) Tj ET Q q 0 0 0 rg BT 137.80 333.75 Td (prospective ) Tj ET Q q 0 0 0 rg BT 193.92 333.75 Td (method ) Tj ET Q q 0 0 0 rg BT 232.27 333.75 Td (for ) Tj ET Q q 0 0 0 rg BT 248.93 333.75 Td (our ) Tj ET Q q 0 0 0 rg BT 268.38 333.75 Td (non-marketable ) Tj ET Q q 0 0 0 rg BT 342.85 333.75 Td (equity ) Tj ET Q q 0 0 0 rg BT 374.53 333.75 Td (securities. ) Tj ET Q q 0 0 0 rg BT 424.21 333.75 Td (This ) Tj ET Q q 0 0 0 rg BT 448.09 333.75 Td (resulted ) Tj ET Q q 0 0 0 rg BT 488.66 333.75 Td (in ) Tj ET Q q 0 0 0 rg BT 501.43 333.75 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 511.98 333.75 Td ($98 ) Tj ET Q q 0 0 0 rg BT 533.66 333.75 Td (million) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 321.75 Td (reclassification ) Tj ET Q q 0 0 0 rg BT 118.92 321.75 Td (of ) Tj ET Q q 0 0 0 rg BT 130.60 321.75 Td (net ) Tj ET Q q 0 0 0 rg BT 147.84 321.75 Td (unrealized ) Tj ET Q q 0 0 0 rg BT 197.32 321.75 Td (gains ) Tj ET Q q 0 0 0 rg BT 224.57 321.75 Td (from ) Tj ET Q q 0 0 0 rg BT 247.91 321.75 Td (accumulated ) Tj ET Q q 0 0 0 rg BT 307.95 321.75 Td (other ) Tj ET Q q 0 0 0 rg BT 334.08 321.75 Td (comprehensive ) Tj ET Q q 0 0 0 rg BT 405.23 321.75 Td (income ) Tj ET Q q 0 0 0 rg BT 440.81 321.75 Td (\(AOCI\) ) Tj ET Q q 0 0 0 rg BT 475.26 321.75 Td (to ) Tj ET Q q 0 0 0 rg BT 486.94 321.75 Td (opening ) Tj ET Q q 0 0 0 rg BT 525.87 321.75 Td (retained ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 309.75 Td (earnings. ) Tj ET Q q 0 0 0 rg BT 94.19 309.75 Td (W) Tj ET Q q 0 0 0 rg BT 103.45 309.75 Td (e ) Tj ET Q q 0 0 0 rg BT 112.06 309.75 Td (have ) Tj ET Q q 0 0 0 rg BT 136.80 309.75 Td (elected ) Tj ET Q q 0 0 0 rg BT 172.10 309.75 Td (to ) Tj ET Q q 0 0 0 rg BT 183.50 309.75 Td (use ) Tj ET Q q 0 0 0 rg BT 202.67 309.75 Td (the ) Tj ET Q q 0 0 0 rg BT 219.63 309.75 Td (measurement ) Tj ET Q q 0 0 0 rg BT 283.82 309.75 Td (alternative ) Tj ET Q q 0 0 0 rg BT 333.01 309.75 Td (for ) Tj ET Q q 0 0 0 rg BT 347.73 309.75 Td (our ) Tj ET Q q 0 0 0 rg BT 365.24 309.75 Td (non-marketable ) Tj ET Q q 0 0 0 rg BT 437.78 309.75 Td (equity ) Tj ET Q q 0 0 0 rg BT 467.52 309.75 Td (securities, ) Tj ET Q q 0 0 0 rg BT 515.58 309.75 Td (defined ) Tj ET Q q 0 0 0 rg BT 551.45 309.75 Td (as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 297.75 Td (cost ) Tj ET Q q 0 0 0 rg BT 71.51 297.75 Td (adjusted ) Tj ET Q q 0 0 0 rg BT 112.48 297.75 Td (for ) Tj ET Q q 0 0 0 rg BT 127.32 297.75 Td (changes ) Tj ET Q q 0 0 0 rg BT 168.29 297.75 Td (from ) Tj ET Q q 0 0 0 rg BT 191.46 297.75 Td (observable ) Tj ET Q q 0 0 0 rg BT 243.55 297.75 Td (transactions ) Tj ET Q q 0 0 0 rg BT 300.63 297.75 Td (for ) Tj ET Q q 0 0 0 rg BT 315.47 297.75 Td (identical ) Tj ET Q q 0 0 0 rg BT 355.33 297.75 Td (or ) Tj ET Q q 0 0 0 rg BT 367.39 297.75 Td (similar ) Tj ET Q q 0 0 0 rg BT 399.44 297.75 Td (investments ) Tj ET Q q 0 0 0 rg BT 455.96 297.75 Td (of ) Tj ET Q q 0 0 0 rg BT 467.47 297.75 Td (the ) Tj ET Q q 0 0 0 rg BT 484.54 297.75 Td (same ) Tj ET Q q 0 0 0 rg BT 512.16 297.75 Td (issuer) Tj ET Q q 0 0 0 rg BT 538.28 297.75 Td (, ) Tj ET Q q 0 0 0 rg BT 544.23 297.75 Td (less ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 285.75 Td (impairment. ) Tj ET Q q 0 0 0 rg BT 105.17 285.75 Td (The ) Tj ET Q q 0 0 0 rg BT 125.54 285.75 Td (adoption ) Tj ET Q q 0 0 0 rg BT 167.04 285.75 Td (of ) Tj ET Q q 0 0 0 rg BT 177.90 285.75 Td (ASU ) Tj ET Q q 0 0 0 rg BT 201.59 285.75 Td (2016-01 ) Tj ET Q q 0 0 0 rg BT 241.43 285.75 Td (increases ) Tj ET Q q 0 0 0 rg BT 287.36 285.75 Td (the ) Tj ET Q q 0 0 0 rg BT 304.40 285.75 Td (volatility ) Tj ET Q q 0 0 0 rg BT 343.10 285.75 Td (of ) Tj ET Q q 0 0 0 rg BT 354.58 285.75 Td (our ) Tj ET Q q 0 0 0 rg BT 372.17 285.75 Td (other ) Tj ET Q q 0 0 0 rg BT 398.10 285.75 Td (income ) Tj ET Q q 0 0 0 rg BT 433.47 285.75 Td (\(expense\), ) Tj ET Q q 0 0 0 rg BT 483.85 285.75 Td (net, ) Tj ET Q q 0 0 0 rg BT 503.67 285.75 Td (as ) Tj ET Q q 0 0 0 rg BT 517.37 285.75 Td (a ) Tj ET Q q 0 0 0 rg BT 526.06 285.75 Td (result ) Tj ET Q q 0 0 0 rg BT 553.65 285.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 273.75 Td (the ) Tj ET Q q 0 0 0 rg BT 67.32 273.75 Td (remeasurement ) Tj ET Q q 0 0 0 rg BT 140.76 273.75 Td (of ) Tj ET Q q 0 0 0 rg BT 152.51 273.75 Td (our ) Tj ET Q q 0 0 0 rg BT 170.38 273.75 Td (equity ) Tj ET Q q 0 0 0 rg BT 200.48 273.75 Td (securities. ) Tj ET Q q 0 0 0 rg BT 248.91 273.75 Td (For ) Tj ET Q q 0 0 0 rg BT 267.32 273.75 Td (further ) Tj ET Q q 0 0 0 rg BT 299.64 273.75 Td (information ) Tj ET Q q 0 0 0 rg BT 352.52 273.75 Td (on ) Tj ET Q q 0 0 0 rg BT 367.06 273.75 Td (unrealized ) Tj ET Q q 0 0 0 rg BT 416.62 273.75 Td (gains ) Tj ET Q q 0 0 0 rg BT 443.94 273.75 Td (from ) Tj ET Q q 0 0 0 rg BT 467.35 273.75 Td (equity ) Tj ET Q q 0 0 0 rg BT 497.45 273.75 Td (securities, ) Tj ET Q q 0 0 0 rg BT 545.88 273.75 Td (see ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 261.75 Td (Note ) Tj ET Q q 0 0 0 rg BT 73.90 261.75 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 79.46 261.75 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 243.75 Td (In ) Tj ET Q q 0 0 0 rg BT 84.21 243.75 Td (October ) Tj ET Q q 0 0 0 rg BT 123.14 243.75 Td (2016, ) Tj ET Q q 0 0 0 rg BT 151.53 243.75 Td (the ) Tj ET Q q 0 0 0 rg BT 168.80 243.75 Td (F) Tj ET Q q 0 0 0 rg BT 174.36 243.75 Td (ASB ) Tj ET Q q 0 0 0 rg BT 197.73 243.75 Td (issued ) Tj ET Q q 0 0 0 rg BT 229.34 243.75 Td (Accounting ) Tj ET Q q 0 0 0 rg BT 282.18 243.75 Td (Standards ) Tj ET Q q 0 0 0 rg BT 331.13 243.75 Td (Update ) Tj ET Q q 0 0 0 rg BT 366.74 243.75 Td (No. ) Tj ET Q q 0 0 0 rg BT 385.67 243.75 Td (2016-16 ) Tj ET Q q 0 0 0 rg BT 425.73 243.75 Td (\(ASU ) Tj ET Q q 0 0 0 rg BT 452.99 243.75 Td (2016-16\) ) Tj ET Q q 0 0 0 rg BT 496.39 243.75 Td ("Income ) Tj ET Q q 0 0 0 rg BT 535.88 243.75 Td (T) Tj ET Q q 0 0 0 rg BT 540.88 243.75 Td (axes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 231.75 Td (\(T) Tj ET Q q 0 0 0 rg BT 58.33 231.75 Td (opic ) Tj ET Q q 0 0 0 rg BT 78.96 231.75 Td (740\): ) Tj ET Q q 0 0 0 rg BT 104.04 231.75 Td (Intra-Entity ) Tj ET Q q 0 0 0 rg BT 154.53 231.75 Td (T) Tj ET Q q 0 0 0 rg BT 160.27 231.75 Td (ransfers ) Tj ET Q q 0 0 0 rg BT 198.68 231.75 Td (of ) Tj ET Q q 0 0 0 rg BT 208.86 231.75 Td (Assets ) Tj ET Q q 0 0 0 rg BT 241.16 231.75 Td (Other ) Tj ET Q q 0 0 0 rg BT 268.45 231.75 Td (than ) Tj ET Q q 0 0 0 rg BT 290.21 231.75 Td (Inventory) Tj ET Q q 0 0 0 rg BT 330.60 231.75 Td (." ) Tj ET Q q 0 0 0 rg BT 338.76 231.75 Td (ASU ) Tj ET Q q 0 0 0 rg BT 361.61 231.75 Td (2016-16 ) Tj ET Q q 0 0 0 rg BT 400.60 231.75 Td (generally ) Tj ET Q q 0 0 0 rg BT 443.47 231.75 Td (accelerates ) Tj ET Q q 0 0 0 rg BT 496.89 231.75 Td (the ) Tj ET Q q 0 0 0 rg BT 513.08 231.75 Td (recognition ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 219.75 Td (of ) Tj ET Q q 0 0 0 rg BT 61.36 219.75 Td (income ) Tj ET Q q 0 0 0 rg BT 96.62 219.75 Td (tax ) Tj ET Q q 0 0 0 rg BT 112.98 219.75 Td (consequences ) Tj ET Q q 0 0 0 rg BT 180.49 219.75 Td (for ) Tj ET Q q 0 0 0 rg BT 195.18 219.75 Td (asset ) Tj ET Q q 0 0 0 rg BT 222.10 219.75 Td (transfers ) Tj ET Q q 0 0 0 rg BT 264.02 219.75 Td (between ) Tj ET Q q 0 0 0 rg BT 304.85 219.75 Td (entities ) Tj ET Q q 0 0 0 rg BT 339.55 219.75 Td (under ) Tj ET Q q 0 0 0 rg BT 368.15 219.75 Td (common ) Tj ET Q q 0 0 0 rg BT 409.51 219.75 Td (control. ) Tj ET Q q 0 0 0 rg BT 445.33 219.75 Td (W) Tj ET Q q 0 0 0 rg BT 454.58 219.75 Td (e ) Tj ET Q q 0 0 0 rg BT 463.17 219.75 Td (adopted ) Tj ET Q q 0 0 0 rg BT 501.73 219.75 Td (ASU ) Tj ET Q q 0 0 0 rg BT 525.32 219.75 Td (2016-16 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 207.75 Td (as ) Tj ET Q q 0 0 0 rg BT 63.51 207.75 Td (of ) Tj ET Q q 0 0 0 rg BT 74.79 207.75 Td (January ) Tj ET Q q 0 0 0 rg BT 113.31 207.75 Td (1, ) Tj ET Q q 0 0 0 rg BT 124.60 207.75 Td (2018 ) Tj ET Q q 0 0 0 rg BT 149.79 207.75 Td (using ) Tj ET Q q 0 0 0 rg BT 176.64 207.75 Td (a ) Tj ET Q q 0 0 0 rg BT 185.15 207.75 Td (modified ) Tj ET Q q 0 0 0 rg BT 225.89 207.75 Td (retrospective ) Tj ET Q q 0 0 0 rg BT 286.08 207.75 Td (transition ) Tj ET Q q 0 0 0 rg BT 329.60 207.75 Td (method, ) Tj ET Q q 0 0 0 rg BT 368.68 207.75 Td (resulting ) Tj ET Q q 0 0 0 rg BT 409.43 207.75 Td (in ) Tj ET Q q 0 0 0 rg BT 420.15 207.75 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.66 207.75 Td ($701 ) Tj ET Q q 0 0 0 rg BT 453.85 207.75 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.19 207.75 Td ( ) Tj ET Q q 0 0 0 rg BT 485.14 207.75 Td (reclassification ) Tj ET Q q 0 0 0 rg BT 553.66 207.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 195.75 Td (unrecognized ) Tj ET Q q 0 0 0 rg BT 112.54 195.75 Td (income ) Tj ET Q q 0 0 0 rg BT 147.28 195.75 Td (tax ) Tj ET Q q 0 0 0 rg BT 163.12 195.75 Td (ef) Tj ET Q q 0 0 0 rg BT 171.28 195.75 Td (fects ) Tj ET Q q 0 0 0 rg BT 194.89 195.75 Td (related ) Tj ET Q q 0 0 0 rg BT 227.97 195.75 Td (to ) Tj ET Q q 0 0 0 rg BT 238.81 195.75 Td (asset ) Tj ET Q q 0 0 0 rg BT 265.21 195.75 Td (transfers ) Tj ET Q q 0 0 0 rg BT 306.61 195.75 Td (that ) Tj ET Q q 0 0 0 rg BT 325.79 195.75 Td (occurred ) Tj ET Q q 0 0 0 rg BT 367.19 195.75 Td (prior ) Tj ET Q q 0 0 0 rg BT 389.70 195.75 Td (to ) Tj ET Q q 0 0 0 rg BT 400.54 195.75 Td (adoption ) Tj ET Q q 0 0 0 rg BT 441.40 195.75 Td (from ) Tj ET Q q 0 0 0 rg BT 463.90 195.75 Td (other ) Tj ET Q q 0 0 0 rg BT 489.19 195.75 Td (current ) Tj ET Q q 0 0 0 rg BT 522.82 195.75 Td (and ) Tj ET Q q 0 0 0 rg BT 542.00 195.75 Td (non-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 183.75 Td (current ) Tj ET Q q 0 0 0 rg BT 83.90 183.75 Td (assets ) Tj ET Q q 0 0 0 rg BT 115.58 183.75 Td (to ) Tj ET Q q 0 0 0 rg BT 126.70 183.75 Td (opening ) Tj ET Q q 0 0 0 rg BT 165.07 183.75 Td (retained ) Tj ET Q q 0 0 0 rg BT 203.98 183.75 Td (earnings.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 165.75 Td (Prior ) Tj ET Q q 0 0 0 rg BT 76.12 165.75 Td (Period ) Tj ET Q q 0 0 0 rg BT 110.01 165.75 Td (Reclassifications) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 147.75 Td (Certain ) Tj ET Q q 0 0 0 rg BT 107.51 147.75 Td (amounts ) Tj ET Q q 0 0 0 rg BT 148.65 147.75 Td (in ) Tj ET Q q 0 0 0 rg BT 159.21 147.75 Td (prior ) Tj ET Q q 0 0 0 rg BT 181.99 147.75 Td (periods ) Tj ET Q q 0 0 0 rg BT 217.57 147.75 Td (have ) Tj ET Q q 0 0 0 rg BT 242.03 147.75 Td (been ) Tj ET Q q 0 0 0 rg BT 267.06 147.75 Td (reclassified ) Tj ET Q q 0 0 0 rg BT 319.85 147.75 Td (to ) Tj ET Q q 0 0 0 rg BT 330.97 147.75 Td (conform ) Tj ET Q q 0 0 0 rg BT 369.87 147.75 Td (with ) Tj ET Q q 0 0 0 rg BT 390.43 147.75 Td (current ) Tj ET Q q 0 0 0 rg BT 424.34 147.75 Td (period ) Tj ET Q q 0 0 0 rg BT 454.91 147.75 Td (presentation.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 129.75 Td (Note ) Tj ET Q q 0 0 0 rg BT 75.00 129.75 Td (2. ) Tj ET Q q 0 0 0 rg BT 86.12 129.75 Td ( ) Tj ET Q q 0 0 0 rg BT 88.90 129.75 Td ( ) Tj ET Q q 0 0 0 rg BT 91.67 129.75 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 94.45 129.75 Td (Revenues) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 141.70 129.75 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 111.75 Td (Revenue ) Tj ET Q q 0 0 0 rg BT 94.46 111.75 Td (Recognition) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 93.75 Td (Revenues ) Tj ET Q q 0 0 0 rg BT 120.17 93.75 Td (are ) Tj ET Q q 0 0 0 rg BT 137.26 93.75 Td (recognized ) Tj ET Q q 0 0 0 rg BT 188.81 93.75 Td (when ) Tj ET Q q 0 0 0 rg BT 215.36 93.75 Td (control ) Tj ET Q q 0 0 0 rg BT 248.01 93.75 Td (of ) Tj ET Q q 0 0 0 rg BT 258.99 93.75 Td (the ) Tj ET Q q 0 0 0 rg BT 275.53 93.75 Td (promised ) Tj ET Q q 0 0 0 rg BT 319.29 93.75 Td (goods ) Tj ET Q q 0 0 0 rg BT 349.17 93.75 Td (or ) Tj ET Q q 0 0 0 rg BT 360.70 93.75 Td (services ) Tj ET Q q 0 0 0 rg BT 400.02 93.75 Td (is ) Tj ET Q q 0 0 0 rg BT 409.87 93.75 Td (transferred ) Tj ET Q q 0 0 0 rg BT 460.87 93.75 Td (to ) Tj ET Q q 0 0 0 rg BT 471.84 93.75 Td (our ) Tj ET Q q 0 0 0 rg BT 488.93 93.75 Td (customers, ) Tj ET Q q 0 0 0 rg BT 540.47 93.75 Td (in ) Tj ET Q q 0 0 0 rg BT 550.89 93.75 Td (an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 81.75 Td (amount ) Tj ET Q q 0 0 0 rg BT 86.13 81.75 Td (that ) Tj ET Q q 0 0 0 rg BT 105.59 81.75 Td (reflects ) Tj ET Q q 0 0 0 rg BT 140.60 81.75 Td (the ) Tj ET Q q 0 0 0 rg BT 157.28 81.75 Td (consideration ) Tj ET Q q 0 0 0 rg BT 219.54 81.75 Td (we ) Tj ET Q q 0 0 0 rg BT 235.10 81.75 Td (expect ) Tj ET Q q 0 0 0 rg BT 267.34 81.75 Td (to ) Tj ET Q q 0 0 0 rg BT 278.46 81.75 Td (be ) Tj ET Q q 0 0 0 rg BT 292.36 81.75 Td (entitled ) Tj ET Q q 0 0 0 rg BT 327.39 81.75 Td (to ) Tj ET Q q 0 0 0 rg BT 338.51 81.75 Td (in ) Tj ET Q q 0 0 0 rg BT 349.07 81.75 Td (exchange ) Tj ET Q q 0 0 0 rg BT 395.21 81.75 Td (for ) Tj ET Q q 0 0 0 rg BT 409.66 81.75 Td (those ) Tj ET Q q 0 0 0 rg BT 436.90 81.75 Td (goods ) Tj ET Q q 0 0 0 rg BT 466.93 81.75 Td (or ) Tj ET Q q 0 0 0 rg BT 478.60 81.75 Td (services.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 63.75 Td (The ) Tj ET Q q 0 0 0 rg BT 92.49 63.75 Td (following ) Tj ET Q q 0 0 0 rg BT 134.17 63.75 Td (table ) Tj ET Q q 0 0 0 rg BT 158.61 63.75 Td (presents ) Tj ET Q q 0 0 0 rg BT 199.73 63.75 Td (our ) Tj ET Q q 0 0 0 rg BT 216.95 63.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 260.85 63.75 Td (disaggregated ) Tj ET Q q 0 0 0 rg BT 326.99 63.75 Td (by ) Tj ET Q q 0 0 0 rg BT 340.32 63.75 Td (revenue ) Tj ET Q q 0 0 0 rg BT 379.22 63.75 Td (source ) Tj ET Q q 0 0 0 rg BT 411.99 63.75 Td (\(in ) Tj ET Q q 0 0 0 rg BT 425.87 63.75 Td (millions, ) Tj ET Q q 0 0 0 rg BT 464.75 63.75 Td (unaudited\). ) Tj ET Q q 0 0 0 rg BT 517.55 63.75 Td (Sales ) Tj ET Q q 0 0 0 rg BT 545.33 63.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 51.75 Td (usage-based ) Tj ET Q q 0 0 0 rg BT 110.60 51.75 Td (taxes ) Tj ET Q q 0 0 0 rg BT 137.28 51.75 Td (are ) Tj ET Q q 0 0 0 rg BT 154.51 51.75 Td (excluded ) Tj ET Q q 0 0 0 rg BT 197.32 51.75 Td (from ) Tj ET Q q 0 0 0 rg BT 220.10 51.75 Td (revenues.) 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Tj ET Q BT /F1 9.00 Tf ET BT /F1 5.85 Tf ET q 0 0 0 rg BT 50.00 415.29 Td (\(2\) ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 72.50 411.00 Td (Revenues ) Tj ET Q q 0 0 0 rg BT 115.53 411.00 Td (include ) Tj ET Q q 0 0 0 rg BT 146.55 411.00 Td (hedging ) Tj ET Q q 0 0 0 rg BT 181.08 411.00 Td (gains ) Tj ET Q q 0 0 0 rg BT 205.10 411.00 Td (\(losses\) ) Tj ET Q q 0 0 0 rg BT 239.10 411.00 Td (for ) Tj ET Q q 0 0 0 rg BT 252.10 411.00 Td (the ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 267.12 411.00 Td (three ) Tj ET Q q 0 0 0 rg BT 290.13 411.00 Td (months ) Tj ET Q q 0 0 0 rg BT 322.14 411.00 Td (ended) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 347.17 411.00 Td ( ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 349.67 411.00 Td (March ) Tj ET Q q 0 0 0 rg BT 377.18 411.00 Td (31, ) Tj ET Q q 0 0 0 rg BT 392.19 411.00 Td (2017) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 412.21 411.00 Td ( ) Tj ET Q q 0 0 0 rg BT 414.71 411.00 Td (and ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 432.23 411.00 Td (2018) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 452.25 411.00 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 393.00 Td (Advertising ) Tj ET Q q 0 0 0 rg BT 107.79 393.00 Td (Revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 375.00 Td (W) Tj ET Q q 0 0 0 rg BT 81.76 375.00 Td (e ) Tj ET Q q 0 0 0 rg BT 90.21 375.00 Td (generate ) Tj ET Q q 0 0 0 rg BT 132.58 375.00 Td (revenues ) Tj ET Q q 0 0 0 rg BT 176.61 375.00 Td (primarily ) Tj ET Q q 0 0 0 rg BT 217.28 375.00 Td (by ) Tj ET Q q 0 0 0 rg BT 230.73 375.00 Td (delivering ) Tj ET Q q 0 0 0 rg BT 276.43 375.00 Td (advertising ) Tj ET Q q 0 0 0 rg BT 327.68 375.00 Td (on ) Tj ET Q q 0 0 0 rg BT 341.70 375.00 Td (Google ) Tj ET Q q 0 0 0 rg BT 376.83 375.00 Td (properties ) Tj ET Q q 0 0 0 rg BT 424.19 375.00 Td (and ) Tj ET Q q 0 0 0 rg BT 443.77 375.00 Td (Google ) Tj ET Q q 0 0 0 rg BT 478.91 375.00 Td (Network ) Tj ET Q q 0 0 0 rg BT 518.48 375.00 Td (Members? Tj ET Q q 0 0 0 rg BT 562.00 375.00 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 363.00 Td (properties.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 345.00 Td (Google ) Tj ET Q q 0 0 0 rg BT 108.57 345.00 Td (properties ) Tj ET Q q 0 0 0 rg BT 156.87 345.00 Td (revenues ) Tj ET Q q 0 0 0 rg BT 201.83 345.00 Td (consist ) Tj ET Q q 0 0 0 rg BT 236.78 345.00 Td (primarily ) Tj ET Q q 0 0 0 rg BT 278.38 345.00 Td (of ) Tj ET Q q 0 0 0 rg BT 290.55 345.00 Td (advertising ) Tj ET Q q 0 0 0 rg BT 342.73 345.00 Td (revenues ) Tj ET Q q 0 0 0 rg BT 387.70 345.00 Td (generated ) Tj ET Q q 0 0 0 rg BT 436.56 345.00 Td (on ) Tj ET Q q 0 0 0 rg BT 451.51 345.00 Td (Google.com, ) Tj ET Q q 0 0 0 rg BT 512.03 345.00 Td (the ) Tj ET Q q 0 0 0 rg BT 529.76 345.00 Td (Google ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 333.00 Td (Search ) Tj ET Q q 0 0 0 rg BT 84.39 333.00 Td (app, ) Tj ET Q q 0 0 0 rg BT 106.57 333.00 Td (and ) Tj ET Q q 0 0 0 rg BT 125.96 333.00 Td (other ) Tj ET Q q 0 0 0 rg BT 151.46 333.00 Td (Google ) Tj ET Q q 0 0 0 rg BT 186.42 333.00 Td (owned ) Tj ET Q q 0 0 0 rg BT 218.59 333.00 Td (and ) Tj ET Q q 0 0 0 rg BT 237.99 333.00 Td (operated ) Tj ET Q q 0 0 0 rg BT 280.17 333.00 Td (properties ) Tj ET Q q 0 0 0 rg BT 327.35 333.00 Td (like ) Tj ET Q q 0 0 0 rg BT 345.06 333.00 Td (Gmail, ) Tj ET Q q 0 0 0 rg BT 376.66 333.00 Td (Google ) Tj ET Q q 0 0 0 rg BT 411.62 333.00 Td (Maps, ) Tj ET Q q 0 0 0 rg BT 441.56 333.00 Td (Google ) Tj ET Q q 0 0 0 rg BT 476.51 333.00 Td (Play) Tj ET Q q 0 0 0 rg BT 495.23 333.00 Td (, ) Tj ET Q q 0 0 0 rg BT 500.71 333.00 Td (and ) Tj ET Q q 0 0 0 rg BT 519.93 333.00 Td (Y) Tj ET Q q 0 0 0 rg BT 525.68 333.00 Td (ouT) Tj ET Q q 0 0 0 rg BT 542.54 333.00 Td (ube.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 315.00 Td (Google ) Tj ET Q q 0 0 0 rg BT 107.77 315.00 Td (Network ) Tj ET Q q 0 0 0 rg BT 147.47 315.00 Td (Members? Tj ET Q q 0 0 0 rg BT 191.00 315.00 Td ( ) Tj ET Q q 0 0 0 rg BT 194.02 315.00 Td (properties ) Tj ET Q q 0 0 0 rg BT 241.52 315.00 Td (revenues ) Tj ET Q q 0 0 0 rg BT 285.68 315.00 Td (consist ) Tj ET Q q 0 0 0 rg BT 319.83 315.00 Td (primarily ) Tj ET Q q 0 0 0 rg BT 360.63 315.00 Td (of ) Tj ET Q q 0 0 0 rg BT 372.00 315.00 Td (advertising ) Tj ET Q q 0 0 0 rg BT 423.38 315.00 Td (revenues ) Tj ET Q q 0 0 0 rg BT 467.54 315.00 Td (generated ) Tj ET Q q 0 0 0 rg BT 515.61 315.00 Td (on ) Tj ET Q q 0 0 0 rg BT 529.76 315.00 Td (Google ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 303.00 Td (Network ) Tj ET Q q 0 0 0 rg BT 89.45 303.00 Td (Members? Tj ET Q q 0 0 0 rg BT 132.98 303.00 Td ( ) Tj ET Q q 0 0 0 rg BT 135.76 303.00 Td (properties.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 285.00 Td (Our ) Tj ET Q q 0 0 0 rg BT 94.26 285.00 Td (customers ) Tj ET Q q 0 0 0 rg BT 145.48 285.00 Td (generally ) Tj ET Q q 0 0 0 rg BT 191.15 285.00 Td (purchase ) Tj ET Q q 0 0 0 rg BT 237.38 285.00 Td (advertising ) Tj ET Q q 0 0 0 rg BT 290.83 285.00 Td (inventory ) Tj ET Q q 0 0 0 rg BT 336.50 285.00 Td (through ) Tj ET Q q 0 0 0 rg BT 374.49 285.00 Td (AdW) Tj ET Q q 0 0 0 rg BT 395.98 285.00 Td (ords, ) Tj ET Q q 0 0 0 rg BT 423.30 285.00 Td (DoubleClick ) Tj ET Q q 0 0 0 rg BT 480.74 285.00 Td (AdExchange, ) Tj ET Q q 0 0 0 rg BT 545.32 285.00 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 273.00 Td (DoubleClick ) Tj ET Q q 0 0 0 rg BT 106.13 273.00 Td (Bid ) Tj ET Q q 0 0 0 rg BT 123.36 273.00 Td (Manager) Tj ET Q q 0 0 0 rg BT 162.28 273.00 Td (, ) Tj ET Q q 0 0 0 rg BT 167.84 273.00 Td (among ) Tj ET Q q 0 0 0 rg BT 201.19 273.00 Td (others.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 255.00 Td (W) Tj ET Q q 0 0 0 rg BT 81.76 255.00 Td (e ) Tj ET Q q 0 0 0 rg BT 90.33 255.00 Td (of) Tj ET Q q 0 0 0 rg BT 98.48 255.00 Td (fer ) Tj ET Q q 0 0 0 rg BT 113.16 255.00 Td (advertising ) Tj ET Q q 0 0 0 rg BT 164.53 255.00 Td (on ) Tj ET Q q 0 0 0 rg BT 178.66 255.00 Td (a ) Tj ET Q q 0 0 0 rg BT 187.22 255.00 Td (cost-per-click ) Tj ET Q q 0 0 0 rg BT 249.13 255.00 Td (basis, ) Tj ET Q q 0 0 0 rg BT 278.26 255.00 Td (which ) Tj ET Q q 0 0 0 rg BT 306.83 255.00 Td (means ) Tj ET Q q 0 0 0 rg BT 339.85 255.00 Td (that ) Tj ET Q q 0 0 0 rg BT 359.54 255.00 Td (an ) Tj ET Q q 0 0 0 rg BT 373.67 255.00 Td (advertiser ) Tj ET Q q 0 0 0 rg BT 420.58 255.00 Td (pays ) Tj ET Q q 0 0 0 rg BT 444.71 255.00 Td (us ) Tj ET Q q 0 0 0 rg BT 458.28 255.00 Td (only ) Tj ET Q q 0 0 0 rg BT 479.63 255.00 Td (when ) Tj ET Q q 0 0 0 rg BT 506.54 255.00 Td (a ) Tj ET Q q 0 0 0 rg BT 515.11 255.00 Td (user ) Tj ET Q q 0 0 0 rg BT 537.57 255.00 Td (clicks ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 243.00 Td (on ) Tj ET Q q 0 0 0 rg BT 65.42 243.00 Td (an ) Tj ET Q q 0 0 0 rg BT 80.84 243.00 Td (ad ) Tj ET Q q 0 0 0 rg BT 96.27 243.00 Td (on ) Tj ET Q q 0 0 0 rg BT 111.69 243.00 Td (Google ) Tj ET Q q 0 0 0 rg BT 148.23 243.00 Td (properties ) Tj ET Q q 0 0 0 rg BT 197.00 243.00 Td (or ) Tj ET Q q 0 0 0 rg BT 210.19 243.00 Td (Google ) Tj ET Q q 0 0 0 rg BT 246.73 243.00 Td (Network ) Tj ET Q q 0 0 0 rg BT 287.71 243.00 Td (Members' ) Tj ET Q q 0 0 0 rg BT 335.59 243.00 Td (properties ) Tj ET Q q 0 0 0 rg BT 384.36 243.00 Td (or ) Tj ET Q q 0 0 0 rg BT 397.55 243.00 Td (when ) Tj ET Q q 0 0 0 rg BT 425.75 243.00 Td (a ) Tj ET Q q 0 0 0 rg BT 435.61 243.00 Td (user ) Tj ET Q q 0 0 0 rg BT 459.37 243.00 Td (views ) Tj ET Q q 0 0 0 rg BT 488.67 243.00 Td (certain ) Tj ET Q q 0 0 0 rg BT 522.70 243.00 Td (Y) Tj ET Q q 0 0 0 rg BT 528.46 243.00 Td (ouT) Tj ET Q q 0 0 0 rg BT 545.32 243.00 Td (ube ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 231.00 Td (engagement ) Tj ET Q q 0 0 0 rg BT 107.99 231.00 Td (ads. ) Tj ET Q q 0 0 0 rg BT 129.29 231.00 Td (For ) Tj ET Q q 0 0 0 rg BT 146.68 231.00 Td (these ) Tj ET Q q 0 0 0 rg BT 173.54 231.00 Td (customers, ) Tj ET Q q 0 0 0 rg BT 224.83 231.00 Td (we ) Tj ET Q q 0 0 0 rg BT 240.01 231.00 Td (recognize ) Tj ET Q q 0 0 0 rg BT 285.76 231.00 Td (revenue ) Tj ET Q q 0 0 0 rg BT 324.29 231.00 Td (each ) Tj ET Q q 0 0 0 rg BT 348.37 231.00 Td (time ) Tj ET Q q 0 0 0 rg BT 369.65 231.00 Td (a ) Tj ET Q q 0 0 0 rg BT 377.61 231.00 Td (user ) Tj ET Q q 0 0 0 rg BT 399.45 231.00 Td (clicks ) Tj ET Q q 0 0 0 rg BT 426.29 231.00 Td (on ) Tj ET Q q 0 0 0 rg BT 439.81 231.00 Td (the ) Tj ET Q q 0 0 0 rg BT 456.10 231.00 Td (ad ) Tj ET Q q 0 0 0 rg BT 469.62 231.00 Td (or ) Tj ET Q q 0 0 0 rg BT 480.90 231.00 Td (when ) Tj ET Q q 0 0 0 rg BT 507.20 231.00 Td (a ) Tj ET Q q 0 0 0 rg BT 515.16 231.00 Td (user ) Tj ET Q q 0 0 0 rg BT 537.00 231.00 Td (views ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 219.00 Td (the ) Tj ET Q q 0 0 0 rg BT 66.68 219.00 Td (ad ) Tj ET Q q 0 0 0 rg BT 80.58 219.00 Td (for ) Tj ET Q q 0 0 0 rg BT 95.03 219.00 Td (a ) Tj ET Q q 0 0 0 rg BT 103.37 219.00 Td (specified ) Tj ET Q q 0 0 0 rg BT 145.62 219.00 Td (period ) Tj ET Q q 0 0 0 rg BT 176.19 219.00 Td (of ) Tj ET Q q 0 0 0 rg BT 187.31 219.00 Td (time.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 201.00 Td (W) Tj ET Q q 0 0 0 rg BT 81.76 201.00 Td (e ) Tj ET Q q 0 0 0 rg BT 89.55 201.00 Td (also ) Tj ET Q q 0 0 0 rg BT 110.13 201.00 Td (of) Tj ET Q q 0 0 0 rg BT 118.29 201.00 Td (fer ) Tj ET Q q 0 0 0 rg BT 132.20 201.00 Td (advertising ) Tj ET Q q 0 0 0 rg BT 182.79 201.00 Td (on ) Tj ET Q q 0 0 0 rg BT 196.15 201.00 Td (other ) Tj ET Q q 0 0 0 rg BT 221.17 201.00 Td (bases ) Tj ET Q q 0 0 0 rg BT 250.09 201.00 Td (such ) Tj ET Q q 0 0 0 rg BT 273.45 201.00 Td (as ) Tj ET Q q 0 0 0 rg BT 286.25 201.00 Td (cost-per-impression, ) Tj ET Q q 0 0 0 rg BT 379.06 201.00 Td (which ) Tj ET Q q 0 0 0 rg BT 406.86 201.00 Td (means ) Tj ET Q q 0 0 0 rg BT 439.11 201.00 Td (an ) Tj ET Q q 0 0 0 rg BT 452.47 201.00 Td (advertiser ) Tj ET Q q 0 0 0 rg BT 498.61 201.00 Td (pays ) Tj ET Q q 0 0 0 rg BT 521.97 201.00 Td (us ) Tj ET Q q 0 0 0 rg BT 534.76 201.00 Td (based ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 189.00 Td (on ) Tj ET Q q 0 0 0 rg BT 64.48 189.00 Td (the ) Tj ET Q q 0 0 0 rg BT 81.75 189.00 Td (number ) Tj ET Q q 0 0 0 rg BT 119.02 189.00 Td (of ) Tj ET Q q 0 0 0 rg BT 130.72 189.00 Td (times ) Tj ET Q q 0 0 0 rg BT 157.97 189.00 Td (their ) Tj ET Q q 0 0 0 rg BT 180.79 189.00 Td (ads ) Tj ET Q q 0 0 0 rg BT 200.27 189.00 Td (are ) Tj ET Q q 0 0 0 rg BT 218.09 189.00 Td (displayed ) Tj ET Q q 0 0 0 rg BT 263.70 189.00 Td (on ) Tj ET Q q 0 0 0 rg BT 278.18 189.00 Td (Google ) Tj ET Q q 0 0 0 rg BT 313.79 189.00 Td (properties ) Tj ET Q q 0 0 0 rg BT 361.62 189.00 Td (or ) Tj ET Q q 0 0 0 rg BT 373.87 189.00 Td (Google ) Tj ET Q q 0 0 0 rg BT 409.48 189.00 Td (Network ) Tj ET Q q 0 0 0 rg BT 449.52 189.00 Td (Members? Tj ET Q q 0 0 0 rg BT 493.04 189.00 Td ( ) Tj ET Q q 0 0 0 rg BT 496.41 189.00 Td (properties. ) Tj ET Q q 0 0 0 rg BT 547.01 189.00 Td (For ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 177.00 Td (these ) Tj ET Q q 0 0 0 rg BT 77.24 177.00 Td (customers, ) Tj ET Q q 0 0 0 rg BT 128.92 177.00 Td (we ) Tj ET Q q 0 0 0 rg BT 144.48 177.00 Td (recognize ) Tj ET Q q 0 0 0 rg BT 190.62 177.00 Td (revenue ) Tj ET Q q 0 0 0 rg BT 229.54 177.00 Td (each ) Tj ET Q q 0 0 0 rg BT 254.00 177.00 Td (time ) Tj ET Q q 0 0 0 rg BT 275.67 177.00 Td (an ) Tj ET Q q 0 0 0 rg BT 289.57 177.00 Td (ad ) Tj ET Q q 0 0 0 rg BT 303.47 177.00 Td (is ) Tj ET Q q 0 0 0 rg BT 313.47 177.00 Td (displayed.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 159.00 Td (Certain ) Tj ET Q q 0 0 0 rg BT 110.84 159.00 Td (customers ) Tj ET Q q 0 0 0 rg BT 163.06 159.00 Td (may ) Tj ET Q q 0 0 0 rg BT 188.05 159.00 Td (receive ) Tj ET Q q 0 0 0 rg BT 226.39 159.00 Td (cash-based ) Tj ET Q q 0 0 0 rg BT 284.19 159.00 Td (incentives ) Tj ET Q q 0 0 0 rg BT 334.76 159.00 Td (or ) Tj ET Q q 0 0 0 rg BT 349.75 159.00 Td (credits, ) Tj ET Q q 0 0 0 rg BT 388.08 159.00 Td (which ) Tj ET Q q 0 0 0 rg BT 419.75 159.00 Td (are ) Tj ET Q q 0 0 0 rg BT 440.30 159.00 Td (accounted ) Tj ET Q q 0 0 0 rg BT 492.55 159.00 Td (for ) Tj ET Q q 0 0 0 rg BT 510.32 159.00 Td (as ) Tj ET Q q 0 0 0 rg BT 526.98 159.00 Td (variable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 147.00 Td (consideration. ) Tj ET Q q 0 0 0 rg BT 115.30 147.00 Td (W) Tj ET Q q 0 0 0 rg BT 124.55 147.00 Td (e ) Tj ET Q q 0 0 0 rg BT 133.15 147.00 Td (estimate ) Tj ET Q q 0 0 0 rg BT 173.98 147.00 Td (these ) Tj ET Q q 0 0 0 rg BT 201.47 147.00 Td (amounts ) Tj ET Q q 0 0 0 rg BT 242.86 147.00 Td (based ) Tj ET Q q 0 0 0 rg BT 273.14 147.00 Td (on ) Tj ET Q q 0 0 0 rg BT 287.30 147.00 Td (the ) Tj ET Q q 0 0 0 rg BT 304.24 147.00 Td (expected ) Tj ET Q q 0 0 0 rg BT 347.86 147.00 Td (amount ) Tj ET Q q 0 0 0 rg BT 384.25 147.00 Td (to ) Tj ET Q q 0 0 0 rg BT 395.62 147.00 Td (be ) Tj ET Q q 0 0 0 rg BT 409.78 147.00 Td (provided ) Tj ET Q q 0 0 0 rg BT 451.17 147.00 Td (to ) Tj ET Q q 0 0 0 rg BT 462.55 147.00 Td (customers ) Tj ET Q q 0 0 0 rg BT 511.71 147.00 Td (and ) Tj ET Q q 0 0 0 rg BT 531.43 147.00 Td (reduce ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 135.00 Td (revenues ) Tj ET Q q 0 0 0 rg BT 93.69 135.00 Td (recognized. ) Tj ET Q q 0 0 0 rg BT 147.93 135.00 Td (W) Tj ET Q q 0 0 0 rg BT 157.19 135.00 Td (e ) Tj ET Q q 0 0 0 rg BT 165.30 135.00 Td (believe ) Tj ET Q q 0 0 0 rg BT 199.54 135.00 Td (that ) Tj ET Q q 0 0 0 rg BT 218.77 135.00 Td (there ) Tj ET Q q 0 0 0 rg BT 244.11 135.00 Td (will ) Tj ET Q q 0 0 0 rg BT 260.55 135.00 Td (not ) Tj ET Q q 0 0 0 rg BT 277.00 135.00 Td (be ) Tj ET Q q 0 0 0 rg BT 290.67 135.00 Td (significant ) Tj ET Q q 0 0 0 rg BT 337.69 135.00 Td (changes ) Tj ET Q q 0 0 0 rg BT 378.04 135.00 Td (to ) Tj ET Q q 0 0 0 rg BT 388.93 135.00 Td (our ) Tj ET Q q 0 0 0 rg BT 405.93 135.00 Td (estimates ) Tj ET Q q 0 0 0 rg BT 451.27 135.00 Td (of ) Tj ET Q q 0 0 0 rg BT 462.16 135.00 Td (variable ) Tj ET Q q 0 0 0 rg BT 499.73 135.00 Td (consideration.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 117.00 Td (For ) Tj ET Q q 0 0 0 rg BT 90.50 117.00 Td (ads ) Tj ET Q q 0 0 0 rg BT 109.62 117.00 Td (placed ) Tj ET Q q 0 0 0 rg BT 142.09 117.00 Td (on ) Tj ET Q q 0 0 0 rg BT 156.21 117.00 Td (Google ) Tj ET Q q 0 0 0 rg BT 191.46 117.00 Td (Network ) Tj ET Q q 0 0 0 rg BT 231.13 117.00 Td (Members? Tj ET Q q 0 0 0 rg BT 274.66 117.00 Td ( ) Tj ET Q q 0 0 0 rg BT 277.66 117.00 Td (properties, ) Tj ET Q q 0 0 0 rg BT 327.90 117.00 Td (we ) Tj ET Q q 0 0 0 rg BT 343.69 117.00 Td (evaluate ) Tj ET Q q 0 0 0 rg BT 384.49 117.00 Td (whether ) Tj ET Q q 0 0 0 rg BT 423.07 117.00 Td (we ) Tj ET Q q 0 0 0 rg BT 438.85 117.00 Td (are ) Tj ET Q q 0 0 0 rg BT 456.30 117.00 Td (the ) Tj ET Q q 0 0 0 rg BT 473.20 117.00 Td (principal ) Tj ET Q q 0 0 0 rg BT 513.44 117.00 Td (\(i.e., ) Tj ET Q q 0 0 0 rg BT 535.89 117.00 Td (report ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 105.00 Td (revenues ) Tj ET Q q 0 0 0 rg BT 93.87 105.00 Td (on ) Tj ET Q q 0 0 0 rg BT 107.72 105.00 Td (a ) Tj ET Q q 0 0 0 rg BT 116.02 105.00 Td (gross ) Tj ET Q q 0 0 0 rg BT 143.20 105.00 Td (basis\) ) Tj ET Q q 0 0 0 rg BT 172.60 105.00 Td (or ) Tj ET Q q 0 0 0 rg BT 184.23 105.00 Td (agent ) Tj ET Q q 0 0 0 rg BT 211.98 105.00 Td (\(i.e., ) Tj ET Q q 0 0 0 rg BT 234.16 105.00 Td (report ) Tj ET Q q 0 0 0 rg BT 263.02 105.00 Td (revenues ) Tj ET Q q 0 0 0 rg BT 306.88 105.00 Td (on ) Tj ET Q q 0 0 0 rg BT 320.74 105.00 Td (a ) Tj ET Q q 0 0 0 rg BT 329.03 105.00 Td (net ) Tj ET Q q 0 0 0 rg BT 345.66 105.00 Td (basis\). ) Tj ET Q q 0 0 0 rg BT 377.85 105.00 Td (Generally) Tj ET Q q 0 0 0 rg BT 419.90 105.00 Td (, ) Tj ET Q q 0 0 0 rg BT 425.41 105.00 Td (we ) Tj ET Q q 0 0 0 rg BT 440.93 105.00 Td (report ) Tj ET Q q 0 0 0 rg BT 469.78 105.00 Td (advertising ) Tj ET Q q 0 0 0 rg BT 520.87 105.00 Td (revenues ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 93.00 Td (for ) Tj ET Q q 0 0 0 rg BT 64.21 93.00 Td (ads ) Tj ET Q q 0 0 0 rg BT 82.87 93.00 Td (placed ) Tj ET Q q 0 0 0 rg BT 114.88 93.00 Td (on ) Tj ET Q q 0 0 0 rg BT 128.54 93.00 Td (Google ) Tj ET Q q 0 0 0 rg BT 163.33 93.00 Td (Network ) Tj ET Q q 0 0 0 rg BT 202.54 93.00 Td (Members? Tj ET Q q 0 0 0 rg BT 246.07 93.00 Td ( ) Tj ET Q q 0 0 0 rg BT 248.61 93.00 Td (properties ) Tj ET Q q 0 0 0 rg BT 295.61 93.00 Td (on ) Tj ET Q q 0 0 0 rg BT 309.28 93.00 Td (a ) Tj ET Q q 0 0 0 rg BT 317.38 93.00 Td (gross ) Tj ET Q q 0 0 0 rg BT 344.37 93.00 Td (basis, ) Tj ET Q q 0 0 0 rg BT 373.03 93.00 Td (that ) Tj ET Q q 0 0 0 rg BT 392.25 93.00 Td (is, ) Tj ET Q q 0 0 0 rg BT 404.79 93.00 Td (the ) Tj ET Q q 0 0 0 rg BT 421.23 93.00 Td (amounts ) Tj ET Q q 0 0 0 rg BT 462.13 93.00 Td (billed ) Tj ET Q q 0 0 0 rg BT 488.02 93.00 Td (to ) Tj ET Q q 0 0 0 rg BT 498.90 93.00 Td (our ) Tj ET Q q 0 0 0 rg BT 515.89 93.00 Td (customers ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 81.00 Td (are ) Tj ET Q q 0 0 0 rg BT 67.17 81.00 Td (recorded ) Tj ET Q q 0 0 0 rg BT 109.36 81.00 Td (as ) Tj ET Q q 0 0 0 rg BT 122.63 81.00 Td (revenues, ) Tj ET Q q 0 0 0 rg BT 169.27 81.00 Td (and ) Tj ET Q q 0 0 0 rg BT 188.67 81.00 Td (amounts ) Tj ET Q q 0 0 0 rg BT 229.74 81.00 Td (paid ) Tj ET Q q 0 0 0 rg BT 251.36 81.00 Td (to ) Tj ET Q q 0 0 0 rg BT 262.42 81.00 Td (Google ) Tj ET Q q 0 0 0 rg BT 297.39 81.00 Td (Network ) Tj ET Q q 0 0 0 rg BT 336.78 81.00 Td (Members ) Tj ET Q q 0 0 0 rg BT 381.17 81.00 Td (are ) Tj ET Q q 0 0 0 rg BT 398.34 81.00 Td (recorded ) Tj ET Q q 0 0 0 rg BT 440.52 81.00 Td (as ) Tj ET Q q 0 0 0 rg BT 453.80 81.00 Td (cost ) Tj ET Q q 0 0 0 rg BT 474.86 81.00 Td (of ) Tj ET Q q 0 0 0 rg BT 485.92 81.00 Td (revenues. ) Tj ET Q q 0 0 0 rg BT 532.55 81.00 Td (Where ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 69.00 Td (we ) Tj ET Q q 0 0 0 rg BT 66.71 69.00 Td (are ) Tj ET Q q 0 0 0 rg BT 85.09 69.00 Td (the ) Tj ET Q q 0 0 0 rg BT 102.92 69.00 Td (principal, ) Tj ET Q q 0 0 0 rg BT 146.87 69.00 Td (we ) Tj ET Q q 0 0 0 rg BT 163.58 69.00 Td (control ) Tj ET Q q 0 0 0 rg BT 197.52 69.00 Td (the ) Tj ET Q q 0 0 0 rg BT 215.35 69.00 Td (advertising ) Tj ET Q q 0 0 0 rg BT 267.63 69.00 Td (inventory ) Tj ET Q q 0 0 0 rg BT 312.14 69.00 Td (before ) Tj ET Q q 0 0 0 rg BT 344.42 69.00 Td (it ) Tj ET Q q 0 0 0 rg BT 353.35 69.00 Td (is ) Tj ET Q q 0 0 0 rg BT 364.50 69.00 Td (transferred ) Tj ET Q q 0 0 0 rg BT 416.78 69.00 Td (to ) Tj ET Q q 0 0 0 rg BT 429.04 69.00 Td (our ) Tj ET Q q 0 0 0 rg BT 447.42 69.00 Td (customers. ) Tj ET Q q 0 0 0 rg BT 500.25 69.00 Td (Our ) Tj ET Q q 0 0 0 rg BT 520.85 69.00 Td (control ) Tj ET Q q 0 0 0 rg BT 554.79 69.00 Td (is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 57.00 Td (evidenced ) Tj ET Q q 0 0 0 rg BT 98.99 57.00 Td (by ) Tj ET Q q 0 0 0 rg BT 112.95 57.00 Td (our ) Tj ET Q q 0 0 0 rg BT 130.80 57.00 Td (sole ) Tj ET Q q 0 0 0 rg BT 152.55 57.00 Td (ability ) Tj ET Q q 0 0 0 rg BT 181.51 57.00 Td (to ) Tj ET Q q 0 0 0 rg BT 193.25 57.00 Td (monetize ) Tj ET Q q 0 0 0 rg BT 237.23 57.00 Td (the ) Tj ET Q q 0 0 0 rg BT 254.53 57.00 Td (advertising ) Tj ET Q q 0 0 0 rg BT 306.29 57.00 Td (inventory ) Tj ET Q q 0 0 0 rg BT 350.26 57.00 Td (before ) Tj ET Q q 0 0 0 rg BT 382.02 57.00 Td (it ) Tj ET Q q 0 0 0 rg BT 390.42 57.00 Td (is ) Tj ET Q q 0 0 0 rg BT 401.04 57.00 Td (transferred ) Tj ET Q q 0 0 0 rg BT 452.79 57.00 Td (to ) Tj ET Q q 0 0 0 rg BT 464.53 57.00 Td (our ) Tj ET Q q 0 0 0 rg BT 482.38 57.00 Td (customers, ) Tj ET Q q 0 0 0 rg BT 534.68 57.00 Td (and ) Tj ET Q q 0 0 0 rg BT 554.77 57.00 Td (is ) Tj ET Q endstream endobj 25 0 obj <>] /Rotate 0 /Contents 26 0 R>> endobj 26 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 53 767.1939453125 m 130.8271484375 767.1939453125 l s q 0 0 1 rg BT 53.00 768.62 Td (T) Tj ET Q q 0 0 1 rg BT 58.00 768.62 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.396078431372549 0.396078431372549 0.396078431372549 rg BT 494.20 768.62 Td (Alphabet Inc.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.40 31.25 Td (10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 741.75 Td (further ) Tj ET Q q 0 0 0 rg BT 81.91 741.75 Td (supported ) Tj ET Q q 0 0 0 rg BT 129.40 741.75 Td (by ) Tj ET Q q 0 0 0 rg BT 142.97 741.75 Td (us ) Tj ET Q q 0 0 0 rg BT 156.54 741.75 Td (being ) Tj ET Q q 0 0 0 rg BT 184.02 741.75 Td (primarily ) Tj ET Q q 0 0 0 rg BT 224.81 741.75 Td (responsible ) Tj ET Q q 0 0 0 rg BT 278.96 741.75 Td (to ) Tj ET Q q 0 0 0 rg BT 290.31 741.75 Td (our ) Tj ET Q q 0 0 0 rg BT 307.78 741.75 Td (customers ) Tj ET Q q 0 0 0 rg BT 356.91 741.75 Td (and ) Tj ET Q q 0 0 0 rg BT 376.60 741.75 Td (having ) Tj ET Q q 0 0 0 rg BT 409.08 741.75 Td (a ) Tj ET Q q 0 0 0 rg BT 417.65 741.75 Td (level ) Tj ET Q q 0 0 0 rg BT 441.23 741.75 Td (of ) Tj ET Q q 0 0 0 rg BT 452.58 741.75 Td (discretion ) Tj ET Q q 0 0 0 rg BT 498.39 741.75 Td (in ) Tj ET Q q 0 0 0 rg BT 509.18 741.75 Td (establishing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 729.75 Td (pricing. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 711.75 Td (Other ) Tj ET Q q 0 0 0 rg BT 79.45 711.75 Td (Revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 693.75 Td (Google other revenues and Other Bets revenues consist primarily of revenues from:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 675.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 675.75 Td (Apps, ) Tj ET Q q 0 0 0 rg BT 114.35 675.75 Td (in-app ) Tj ET Q q 0 0 0 rg BT 144.93 675.75 Td (purchases, ) Tj ET Q q 0 0 0 rg BT 196.62 675.75 Td (and ) Tj ET Q q 0 0 0 rg BT 216.08 675.75 Td (digital ) Tj ET Q q 0 0 0 rg BT 244.99 675.75 Td (content ) Tj ET Q q 0 0 0 rg BT 280.57 675.75 Td (in ) Tj ET Q q 0 0 0 rg BT 291.13 675.75 Td (the ) Tj ET Q q 0 0 0 rg BT 307.81 675.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 342.84 675.75 Td (Play ) Tj ET Q q 0 0 0 rg BT 365.07 675.75 Td (store;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 663.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 663.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 121.02 663.75 Td (Cloud ) Tj ET Q q 0 0 0 rg BT 149.93 663.75 Td (of) Tj ET Q q 0 0 0 rg BT 158.09 663.75 Td (ferings;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 651.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 651.75 Td (Hardware; ) Tj ET Q q 0 0 0 rg BT 134.91 651.75 Td (and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 639.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 639.75 Td (Other ) Tj ET Q q 0 0 0 rg BT 113.79 639.75 Td (miscellaneous ) Tj ET Q q 0 0 0 rg BT 179.93 639.75 Td (products ) Tj ET Q q 0 0 0 rg BT 221.06 639.75 Td (and ) Tj ET Q q 0 0 0 rg BT 240.53 639.75 Td (services.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 621.75 Td (As ) Tj ET Q q 0 0 0 rg BT 86.58 621.75 Td (it ) Tj ET Q q 0 0 0 rg BT 93.98 621.75 Td (relates ) Tj ET Q q 0 0 0 rg BT 126.40 621.75 Td (to ) Tj ET Q q 0 0 0 rg BT 137.15 621.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 171.80 621.75 Td (other ) Tj ET Q q 0 0 0 rg BT 197.00 621.75 Td (revenues, ) Tj ET Q q 0 0 0 rg BT 243.33 621.75 Td (the ) Tj ET Q q 0 0 0 rg BT 259.63 621.75 Td (most ) Tj ET Q q 0 0 0 rg BT 283.71 621.75 Td (significant ) Tj ET Q q 0 0 0 rg BT 330.59 621.75 Td (judgment ) Tj ET Q q 0 0 0 rg BT 374.13 621.75 Td (is ) Tj ET Q q 0 0 0 rg BT 383.76 621.75 Td (determining ) Tj ET Q q 0 0 0 rg BT 438.42 621.75 Td (whether ) Tj ET Q q 0 0 0 rg BT 476.40 621.75 Td (we ) Tj ET Q q 0 0 0 rg BT 491.59 621.75 Td (are ) Tj ET Q q 0 0 0 rg BT 508.45 621.75 Td (the ) Tj ET Q q 0 0 0 rg BT 524.76 621.75 Td (principal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 609.75 Td (or ) Tj ET Q q 0 0 0 rg BT 60.60 609.75 Td (agent ) Tj ET Q q 0 0 0 rg BT 87.34 609.75 Td (for ) Tj ET Q q 0 0 0 rg BT 100.72 609.75 Td (app ) Tj ET Q q 0 0 0 rg BT 119.11 609.75 Td (sales ) Tj ET Q q 0 0 0 rg BT 144.17 609.75 Td (and ) Tj ET Q q 0 0 0 rg BT 162.56 609.75 Td (in-app ) Tj ET Q q 0 0 0 rg BT 192.07 609.75 Td (purchases ) Tj ET Q q 0 0 0 rg BT 239.92 609.75 Td (through ) Tj ET Q q 0 0 0 rg BT 275.55 609.75 Td (the ) Tj ET Q q 0 0 0 rg BT 291.16 609.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 325.11 609.75 Td (Play ) Tj ET Q q 0 0 0 rg BT 346.28 609.75 Td (store. ) Tj ET Q q 0 0 0 rg BT 373.00 609.75 Td (W) Tj ET Q q 0 0 0 rg BT 382.26 609.75 Td (e ) Tj ET Q q 0 0 0 rg BT 389.53 609.75 Td (report ) Tj ET Q q 0 0 0 rg BT 417.36 609.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 460.21 609.75 Td (from ) Tj ET Q q 0 0 0 rg BT 481.92 609.75 Td (these ) Tj ET Q q 0 0 0 rg BT 508.09 609.75 Td (transactions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 597.75 Td (on ) Tj ET Q q 0 0 0 rg BT 63.13 597.75 Td (a ) Tj ET Q q 0 0 0 rg BT 70.70 597.75 Td (net ) Tj ET Q q 0 0 0 rg BT 86.60 597.75 Td (basis ) Tj ET Q q 0 0 0 rg BT 111.96 597.75 Td (because ) Tj ET Q q 0 0 0 rg BT 151.77 597.75 Td (our ) Tj ET Q q 0 0 0 rg BT 168.23 597.75 Td (performance ) Tj ET Q q 0 0 0 rg BT 226.37 597.75 Td (obligation ) Tj ET Q q 0 0 0 rg BT 271.19 597.75 Td (is ) Tj ET Q q 0 0 0 rg BT 280.42 597.75 Td (to ) Tj ET Q q 0 0 0 rg BT 290.77 597.75 Td (facilitate ) Tj ET Q q 0 0 0 rg BT 329.46 597.75 Td (a ) Tj ET Q q 0 0 0 rg BT 337.03 597.75 Td (transaction ) Tj ET Q q 0 0 0 rg BT 387.95 597.75 Td (between ) Tj ET Q q 0 0 0 rg BT 427.76 597.75 Td (app ) Tj ET Q q 0 0 0 rg BT 446.45 597.75 Td (developers ) Tj ET Q q 0 0 0 rg BT 497.38 597.75 Td (and ) Tj ET Q q 0 0 0 rg BT 516.07 597.75 Td (end ) Tj ET Q q 0 0 0 rg BT 534.76 597.75 Td (users, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 585.75 Td (for ) Tj ET Q q 0 0 0 rg BT 64.27 585.75 Td (which ) Tj ET Q q 0 0 0 rg BT 92.43 585.75 Td (we ) Tj ET Q q 0 0 0 rg BT 107.81 585.75 Td (earn ) Tj ET Q q 0 0 0 rg BT 130.42 585.75 Td (a ) Tj ET Q q 0 0 0 rg BT 138.58 585.75 Td (commission. ) Tj ET Q q 0 0 0 rg BT 196.74 585.75 Td (Consequently) Tj ET Q q 0 0 0 rg BT 257.15 585.75 Td (, ) Tj ET Q q 0 0 0 rg BT 262.53 585.75 Td (the ) Tj ET Q q 0 0 0 rg BT 279.03 585.75 Td (portion ) Tj ET Q q 0 0 0 rg BT 312.20 585.75 Td (of ) Tj ET Q q 0 0 0 rg BT 323.13 585.75 Td (the ) Tj ET Q q 0 0 0 rg BT 339.63 585.75 Td (gross ) Tj ET Q q 0 0 0 rg BT 366.68 585.75 Td (amount ) Tj ET Q q 0 0 0 rg BT 402.63 585.75 Td (billed ) Tj ET Q q 0 0 0 rg BT 428.58 585.75 Td (to ) Tj ET Q q 0 0 0 rg BT 439.52 585.75 Td (end ) Tj ET Q q 0 0 0 rg BT 458.80 585.75 Td (users ) Tj ET Q q 0 0 0 rg BT 485.85 585.75 Td (that ) Tj ET Q q 0 0 0 rg BT 505.12 585.75 Td (is ) Tj ET Q q 0 0 0 rg BT 514.94 585.75 Td (remitted ) Tj ET Q q 0 0 0 rg BT 553.66 585.75 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 573.75 Td (app ) Tj ET Q q 0 0 0 rg BT 69.46 573.75 Td (developers ) Tj ET Q q 0 0 0 rg BT 121.16 573.75 Td (is ) Tj ET Q q 0 0 0 rg BT 131.16 573.75 Td (not ) Tj ET Q q 0 0 0 rg BT 147.84 573.75 Td (reflected ) Tj ET Q q 0 0 0 rg BT 188.97 573.75 Td (as ) Tj ET Q q 0 0 0 rg BT 202.31 573.75 Td (revenues.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 555.75 Td (Arrangements ) Tj ET Q q 0 0 0 rg BT 120.58 555.75 Td (with ) Tj ET Q q 0 0 0 rg BT 143.35 555.75 Td (Multiple ) Tj ET Q q 0 0 0 rg BT 183.90 555.75 Td (Performance ) Tj ET Q q 0 0 0 rg BT 247.82 555.75 Td (Obligations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 537.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 91.38 537.75 Td (contracts ) Tj ET Q q 0 0 0 rg BT 134.16 537.75 Td (with ) Tj ET Q q 0 0 0 rg BT 154.16 537.75 Td (customers ) Tj ET Q q 0 0 0 rg BT 202.49 537.75 Td (may ) Tj ET Q q 0 0 0 rg BT 223.60 537.75 Td (include ) Tj ET Q q 0 0 0 rg BT 257.50 537.75 Td (multiple ) Tj ET Q q 0 0 0 rg BT 294.17 537.75 Td (performance ) Tj ET Q q 0 0 0 rg BT 352.52 537.75 Td (obligations. ) Tj ET Q q 0 0 0 rg BT 405.32 537.75 Td (For ) Tj ET Q q 0 0 0 rg BT 422.53 537.75 Td (such ) Tj ET Q q 0 0 0 rg BT 445.86 537.75 Td (arrangements, ) Tj ET Q q 0 0 0 rg BT 512.55 537.75 Td (we ) Tj ET Q q 0 0 0 rg BT 527.55 537.75 Td (allocate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 525.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 95.40 525.75 Td (to ) Tj ET Q q 0 0 0 rg BT 108.00 525.75 Td (each ) Tj ET Q q 0 0 0 rg BT 133.95 525.75 Td (performance ) Tj ET Q q 0 0 0 rg BT 194.35 525.75 Td (obligation ) Tj ET Q q 0 0 0 rg BT 241.43 525.75 Td (based ) Tj ET Q q 0 0 0 rg BT 272.93 525.75 Td (on ) Tj ET Q q 0 0 0 rg BT 288.32 525.75 Td (its ) Tj ET Q q 0 0 0 rg BT 302.58 525.75 Td (relative ) Tj ET Q q 0 0 0 rg BT 339.08 525.75 Td (standalone ) Tj ET Q q 0 0 0 rg BT 392.28 525.75 Td (selling ) Tj ET Q q 0 0 0 rg BT 424.89 525.75 Td (price. ) Tj ET Q q 0 0 0 rg BT 453.60 525.75 Td (W) Tj ET Q q 0 0 0 rg BT 462.86 525.75 Td (e ) Tj ET Q q 0 0 0 rg BT 472.69 525.75 Td (generally ) Tj ET Q q 0 0 0 rg BT 517.53 525.75 Td (determine ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 513.75 Td (standalone ) Tj ET Q q 0 0 0 rg BT 101.71 513.75 Td (selling ) Tj ET Q q 0 0 0 rg BT 132.84 513.75 Td (prices ) Tj ET Q q 0 0 0 rg BT 162.29 513.75 Td (based ) Tj ET Q q 0 0 0 rg BT 192.31 513.75 Td (on ) Tj ET Q q 0 0 0 rg BT 206.22 513.75 Td (the ) Tj ET Q q 0 0 0 rg BT 222.90 513.75 Td (prices ) Tj ET Q q 0 0 0 rg BT 252.35 513.75 Td (charged ) Tj ET Q q 0 0 0 rg BT 291.26 513.75 Td (to ) Tj ET Q q 0 0 0 rg BT 302.38 513.75 Td (customers ) Tj ET Q q 0 0 0 rg BT 351.28 513.75 Td (or ) Tj ET Q q 0 0 0 rg BT 362.95 513.75 Td (using ) Tj ET Q q 0 0 0 rg BT 389.64 513.75 Td (expected ) Tj ET Q q 0 0 0 rg BT 433.00 513.75 Td (cost ) Tj ET Q q 0 0 0 rg BT 454.12 513.75 Td (plus ) Tj ET Q q 0 0 0 rg BT 475.24 513.75 Td (margin.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 495.75 Td (Deferred ) Tj ET Q q 0 0 0 rg BT 93.91 495.75 Td (Revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 477.75 Td (W) Tj ET Q q 0 0 0 rg BT 81.76 477.75 Td (e ) Tj ET Q q 0 0 0 rg BT 89.50 477.75 Td (record ) Tj ET Q q 0 0 0 rg BT 120.04 477.75 Td (deferred ) Tj ET Q q 0 0 0 rg BT 159.47 477.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 202.79 477.75 Td (when ) Tj ET Q q 0 0 0 rg BT 228.88 477.75 Td (cash ) Tj ET Q q 0 0 0 rg BT 252.19 477.75 Td (payments ) Tj ET Q q 0 0 0 rg BT 297.73 477.75 Td (are ) Tj ET Q q 0 0 0 rg BT 314.37 477.75 Td (received ) Tj ET Q q 0 0 0 rg BT 354.35 477.75 Td (or ) Tj ET Q q 0 0 0 rg BT 365.43 477.75 Td (due ) Tj ET Q q 0 0 0 rg BT 384.30 477.75 Td (in ) Tj ET Q q 0 0 0 rg BT 394.27 477.75 Td (advance ) Tj ET Q q 0 0 0 rg BT 434.26 477.75 Td (of ) Tj ET Q q 0 0 0 rg BT 444.79 477.75 Td (our ) Tj ET Q q 0 0 0 rg BT 461.43 477.75 Td (performance, ) Tj ET Q q 0 0 0 rg BT 522.53 477.75 Td (including ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 465.75 Td (amounts ) Tj ET Q q 0 0 0 rg BT 91.18 465.75 Td (which ) Tj ET Q q 0 0 0 rg BT 119.57 465.75 Td (are ) Tj ET Q q 0 0 0 rg BT 136.84 465.75 Td (refundable. ) Tj ET Q q 0 0 0 rg BT 189.52 465.75 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 209.58 465.75 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 247.38 465.75 Td ( ) Tj ET Q q 0 0 0 rg BT 250.20 465.75 Td (in ) Tj ET Q q 0 0 0 rg BT 260.80 465.75 Td (the ) Tj ET Q q 0 0 0 rg BT 277.53 465.75 Td (deferred ) Tj ET Q q 0 0 0 rg BT 317.60 465.75 Td (revenue ) Tj ET Q q 0 0 0 rg BT 356.56 465.75 Td (balance ) Tj ET Q q 0 0 0 rg BT 394.41 465.75 Td (for ) Tj ET Q q 0 0 0 rg BT 408.91 465.75 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.63 465.75 Td (three ) Tj ET Q q 0 0 0 rg BT 451.25 465.75 Td (months ) Tj ET Q q 0 0 0 rg BT 486.86 465.75 Td (ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.67 465.75 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.49 465.75 Td (March ) Tj ET Q q 0 0 0 rg BT 548.10 465.75 Td (31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 453.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.25 453.75 Td ( ) Tj ET Q q 0 0 0 rg BT 74.48 453.75 Td (is ) Tj ET Q q 0 0 0 rg BT 83.94 453.75 Td (primarily ) Tj ET Q q 0 0 0 rg BT 123.96 453.75 Td (driven ) Tj ET Q q 0 0 0 rg BT 153.43 453.75 Td (by ) Tj ET Q q 0 0 0 rg BT 166.23 453.75 Td (cash ) Tj ET Q q 0 0 0 rg BT 189.59 453.75 Td (payments ) Tj ET Q q 0 0 0 rg BT 235.18 453.75 Td (received ) Tj ET Q q 0 0 0 rg BT 275.21 453.75 Td (or ) Tj ET Q q 0 0 0 rg BT 286.34 453.75 Td (due ) Tj ET Q q 0 0 0 rg BT 305.26 453.75 Td (in ) Tj ET Q q 0 0 0 rg BT 315.28 453.75 Td (advance ) Tj ET Q q 0 0 0 rg BT 355.33 453.75 Td (of ) Tj ET Q q 0 0 0 rg BT 365.90 453.75 Td (satisfying ) Tj ET Q q 0 0 0 rg BT 409.83 453.75 Td (our ) Tj ET Q q 0 0 0 rg BT 426.52 453.75 Td (performance ) Tj ET Q q 0 0 0 rg BT 484.89 453.75 Td (obligations, ) Tj ET Q q 0 0 0 rg BT 537.72 453.75 Td (of) Tj ET Q q 0 0 0 rg BT 545.88 453.75 Td (fset ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 441.75 Td (by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 62.94 441.75 Td ($647 ) Tj ET Q q 0 0 0 rg BT 87.56 441.75 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 115.90 441.75 Td ( ) Tj ET Q q 0 0 0 rg BT 118.28 441.75 Td (of ) Tj ET Q q 0 0 0 rg BT 129.00 441.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 172.51 441.75 Td (recognized ) Tj ET Q q 0 0 0 rg BT 223.81 441.75 Td (that ) Tj ET Q q 0 0 0 rg BT 242.87 441.75 Td (were ) Tj ET Q q 0 0 0 rg BT 266.92 441.75 Td (included ) Tj ET Q q 0 0 0 rg BT 306.55 441.75 Td (in ) Tj ET Q q 0 0 0 rg BT 316.71 441.75 Td (the ) Tj ET Q q 0 0 0 rg BT 332.99 441.75 Td (deferred ) Tj ET Q q 0 0 0 rg BT 372.62 441.75 Td (revenue ) Tj ET Q q 0 0 0 rg BT 411.13 441.75 Td (balance ) Tj ET Q q 0 0 0 rg BT 448.54 441.75 Td (as ) Tj ET Q q 0 0 0 rg BT 461.48 441.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.20 441.75 Td (December ) Tj ET Q q 0 0 0 rg BT 520.70 441.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 536.98 441.75 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.23 441.75 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 423.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 91.64 423.75 Td (payment ) Tj ET Q q 0 0 0 rg BT 132.46 423.75 Td (terms ) Tj ET Q q 0 0 0 rg BT 159.92 423.75 Td (vary ) Tj ET Q q 0 0 0 rg BT 181.28 423.75 Td (by ) Tj ET Q q 0 0 0 rg BT 194.31 423.75 Td (the ) Tj ET Q q 0 0 0 rg BT 210.68 423.75 Td (type ) Tj ET Q q 0 0 0 rg BT 232.04 423.75 Td (and ) Tj ET Q q 0 0 0 rg BT 251.20 423.75 Td (location ) Tj ET Q q 0 0 0 rg BT 288.13 423.75 Td (of ) Tj ET Q q 0 0 0 rg BT 298.94 423.75 Td (our ) Tj ET Q q 0 0 0 rg BT 315.85 423.75 Td (customer ) Tj ET Q q 0 0 0 rg BT 359.44 423.75 Td (and ) Tj ET Q q 0 0 0 rg BT 378.60 423.75 Td (the ) Tj ET Q q 0 0 0 rg BT 394.96 423.75 Td (products ) Tj ET Q q 0 0 0 rg BT 435.78 423.75 Td (or ) Tj ET Q q 0 0 0 rg BT 447.14 423.75 Td (services ) Tj ET Q q 0 0 0 rg BT 486.28 423.75 Td (of) Tj ET Q q 0 0 0 rg BT 494.44 423.75 Td (fered. ) Tj ET Q q 0 0 0 rg BT 522.32 423.75 Td (The ) Tj ET Q q 0 0 0 rg BT 542.02 423.75 Td (term ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 411.75 Td (between ) Tj ET Q q 0 0 0 rg BT 90.79 411.75 Td (invoicing ) Tj ET Q q 0 0 0 rg BT 132.68 411.75 Td (and ) Tj ET Q q 0 0 0 rg BT 152.34 411.75 Td (when ) Tj ET Q q 0 0 0 rg BT 179.23 411.75 Td (payment ) Tj ET Q q 0 0 0 rg BT 220.56 411.75 Td (is ) Tj ET Q q 0 0 0 rg BT 230.76 411.75 Td (due ) Tj ET Q q 0 0 0 rg BT 250.42 411.75 Td (is ) Tj ET Q q 0 0 0 rg BT 260.62 411.75 Td (not ) Tj ET Q q 0 0 0 rg BT 277.50 411.75 Td (significant. ) Tj ET Q q 0 0 0 rg BT 327.73 411.75 Td (For ) Tj ET Q q 0 0 0 rg BT 345.71 411.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 378.70 411.75 Td (products ) Tj ET Q q 0 0 0 rg BT 420.04 411.75 Td (or ) Tj ET Q q 0 0 0 rg BT 431.91 411.75 Td (services ) Tj ET Q q 0 0 0 rg BT 471.56 411.75 Td (and ) Tj ET Q q 0 0 0 rg BT 491.22 411.75 Td (customer ) Tj ET Q q 0 0 0 rg BT 535.33 411.75 Td (types, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 399.75 Td (we ) Tj ET Q q 0 0 0 rg BT 65.56 399.75 Td (require ) Tj ET Q q 0 0 0 rg BT 99.47 399.75 Td (payment ) Tj ET Q q 0 0 0 rg BT 140.60 399.75 Td (before ) Tj ET Q q 0 0 0 rg BT 171.73 399.75 Td (the ) Tj ET Q q 0 0 0 rg BT 188.41 399.75 Td (products ) Tj ET Q q 0 0 0 rg BT 229.55 399.75 Td (or ) Tj ET Q q 0 0 0 rg BT 241.22 399.75 Td (services ) Tj ET Q q 0 0 0 rg BT 280.67 399.75 Td (are ) Tj ET Q q 0 0 0 rg BT 297.90 399.75 Td (delivered ) Tj ET Q q 0 0 0 rg BT 341.26 399.75 Td (to ) Tj ET Q q 0 0 0 rg BT 352.38 399.75 Td (the ) Tj ET Q q 0 0 0 rg BT 369.06 399.75 Td (customer) Tj ET Q q 0 0 0 rg BT 409.63 399.75 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 381.75 Td (Practical ) Tj ET Q q 0 0 0 rg BT 94.47 381.75 Td (Expedients ) Tj ET Q q 0 0 0 rg BT 150.60 381.75 Td (and ) Tj ET Q q 0 0 0 rg BT 171.16 381.75 Td (Exemptions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 363.75 Td (W) Tj ET Q q 0 0 0 rg BT 81.76 363.75 Td (e ) Tj ET Q q 0 0 0 rg BT 89.78 363.75 Td (generally ) Tj ET Q q 0 0 0 rg BT 132.82 363.75 Td (expense ) Tj ET Q q 0 0 0 rg BT 173.08 363.75 Td (sales ) Tj ET Q q 0 0 0 rg BT 198.88 363.75 Td (commissions ) Tj ET Q q 0 0 0 rg BT 259.13 363.75 Td (when ) Tj ET Q q 0 0 0 rg BT 285.50 363.75 Td (incurred ) Tj ET Q q 0 0 0 rg BT 324.08 363.75 Td (because ) Tj ET Q q 0 0 0 rg BT 364.35 363.75 Td (the ) Tj ET Q q 0 0 0 rg BT 380.71 363.75 Td (amortization ) Tj ET Q q 0 0 0 rg BT 437.63 363.75 Td (period ) Tj ET Q q 0 0 0 rg BT 467.89 363.75 Td (would ) Tj ET Q q 0 0 0 rg BT 496.47 363.75 Td (have ) Tj ET Q q 0 0 0 rg BT 520.62 363.75 Td (been ) Tj ET Q q 0 0 0 rg BT 545.32 363.75 Td (one ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 351.75 Td (year ) Tj ET Q q 0 0 0 rg BT 72.23 351.75 Td (or ) Tj ET Q q 0 0 0 rg BT 83.90 351.75 Td (less. ) Tj ET Q q 0 0 0 rg BT 107.06 351.75 Td (These ) Tj ET Q q 0 0 0 rg BT 137.63 351.75 Td (costs ) Tj ET Q q 0 0 0 rg BT 163.75 351.75 Td (are ) Tj ET Q q 0 0 0 rg BT 180.98 351.75 Td (recorded ) Tj ET Q q 0 0 0 rg BT 223.23 351.75 Td (within ) Tj ET Q q 0 0 0 rg BT 251.57 351.75 Td (sales ) Tj ET Q q 0 0 0 rg BT 277.70 351.75 Td (and ) Tj ET Q q 0 0 0 rg BT 297.16 351.75 Td (marketing ) Tj ET Q q 0 0 0 rg BT 343.84 351.75 Td (expenses.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 333.75 Td (W) Tj ET Q q 0 0 0 rg BT 81.76 333.75 Td (e ) Tj ET Q q 0 0 0 rg BT 90.62 333.75 Td (do ) Tj ET Q q 0 0 0 rg BT 105.04 333.75 Td (not ) Tj ET Q q 0 0 0 rg BT 122.24 333.75 Td (disclose ) Tj ET Q q 0 0 0 rg BT 161.66 333.75 Td (the ) Tj ET Q q 0 0 0 rg BT 178.86 333.75 Td (value ) Tj ET Q q 0 0 0 rg BT 206.07 333.75 Td (of ) Tj ET Q q 0 0 0 rg BT 217.70 333.75 Td (unsatisfied ) Tj ET Q q 0 0 0 rg BT 268.81 333.75 Td (performance ) Tj ET Q q 0 0 0 rg BT 328.25 333.75 Td (obligations ) Tj ET Q q 0 0 0 rg BT 379.36 333.75 Td (for ) Tj ET Q q 0 0 0 rg BT 394.32 333.75 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 406.50 333.75 Td (contracts ) Tj ET Q q 0 0 0 rg BT 450.37 333.75 Td (with ) Tj ET Q q 0 0 0 rg BT 471.45 333.75 Td (an ) Tj ET Q q 0 0 0 rg BT 485.87 333.75 Td (original ) Tj ET Q q 0 0 0 rg BT 521.41 333.75 Td (expected ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 321.75 Td (length ) Tj ET Q q 0 0 0 rg BT 79.90 321.75 Td (of ) Tj ET Q q 0 0 0 rg BT 90.90 321.75 Td (one ) Tj ET Q q 0 0 0 rg BT 110.23 321.75 Td (year ) Tj ET Q q 0 0 0 rg BT 132.34 321.75 Td (or ) Tj ET Q q 0 0 0 rg BT 143.89 321.75 Td (less ) Tj ET Q q 0 0 0 rg BT 164.33 321.75 Td (and ) Tj ET Q q 0 0 0 rg BT 183.67 321.75 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 197.42 321.75 Td (contracts ) Tj ET Q q 0 0 0 rg BT 240.65 321.75 Td (for ) Tj ET Q q 0 0 0 rg BT 254.98 321.75 Td (which ) Tj ET Q q 0 0 0 rg BT 283.20 321.75 Td (we ) Tj ET Q q 0 0 0 rg BT 298.63 321.75 Td (recognize ) Tj ET Q q 0 0 0 rg BT 344.65 321.75 Td (revenue ) Tj ET Q q 0 0 0 rg BT 383.44 321.75 Td (at ) Tj ET Q q 0 0 0 rg BT 394.44 321.75 Td (the ) Tj ET Q q 0 0 0 rg BT 410.99 321.75 Td (amount ) Tj ET Q q 0 0 0 rg BT 447.00 321.75 Td (to ) Tj ET Q q 0 0 0 rg BT 458.00 321.75 Td (which ) Tj ET Q q 0 0 0 rg BT 486.22 321.75 Td (we ) Tj ET Q q 0 0 0 rg BT 501.66 321.75 Td (have ) Tj ET Q q 0 0 0 rg BT 525.99 321.75 Td (the ) Tj ET Q q 0 0 0 rg BT 542.55 321.75 Td (right ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 309.75 Td (to ) Tj ET Q q 0 0 0 rg BT 61.12 309.75 Td (invoice ) Tj ET Q q 0 0 0 rg BT 95.02 309.75 Td (for ) Tj ET Q q 0 0 0 rg BT 109.47 309.75 Td (services ) Tj ET Q q 0 0 0 rg BT 148.93 309.75 Td (performed.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 291.75 Td (Note ) Tj ET Q q 0 0 0 rg BT 75.00 291.75 Td (3. ) Tj ET Q q 0 0 0 rg BT 86.12 291.75 Td ( ) Tj ET Q q 0 0 0 rg BT 88.90 291.75 Td ( ) Tj ET Q q 0 0 0 rg BT 91.67 291.75 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 94.45 291.75 Td (Financial ) Tj ET Q q 0 0 0 rg BT 140.58 291.75 Td (Instruments) Tj ET Q BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 273.75 Td (Debt ) Tj ET Q q 0 0 0 rg BT 75.00 273.75 Td (Securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 255.75 Td (W) Tj ET Q q 0 0 0 rg BT 83.26 255.75 Td (e ) Tj ET Q q 0 0 0 rg BT 92.46 255.75 Td (classify ) Tj ET Q q 0 0 0 rg BT 128.88 255.75 Td (our ) Tj ET Q q 0 0 0 rg BT 146.97 255.75 Td (marketable ) Tj ET Q q 0 0 0 rg BT 200.07 255.75 Td (debt ) Tj ET Q q 0 0 0 rg BT 223.17 255.75 Td (securities ) Tj ET Q q 0 0 0 rg BT 269.05 255.75 Td (within ) Tj ET Q q 0 0 0 rg BT 298.25 255.75 Td (Level ) Tj ET Q q 0 0 0 rg BT 325.79 255.75 Td (2 ) Tj ET Q q 0 0 0 rg BT 334.99 255.75 Td (in ) Tj ET Q q 0 0 0 rg BT 346.41 255.75 Td (the ) Tj ET Q q 0 0 0 rg BT 363.95 255.75 Td (fair ) Tj ET Q q 0 0 0 rg BT 381.48 255.75 Td (value ) Tj ET Q q 0 0 0 rg BT 409.02 255.75 Td (hierarchy ) Tj ET Q q 0 0 0 rg BT 453.79 255.75 Td (because ) Tj ET Q q 0 0 0 rg BT 495.23 255.75 Td (we ) Tj ET Q q 0 0 0 rg BT 511.65 255.75 Td (use ) Tj ET Q q 0 0 0 rg BT 531.41 255.75 Td (quoted ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 243.75 Td (market ) Tj ET Q q 0 0 0 rg BT 83.66 243.75 Td (prices ) Tj ET Q q 0 0 0 rg BT 113.43 243.75 Td (to ) Tj ET Q q 0 0 0 rg BT 124.86 243.75 Td (the ) Tj ET Q q 0 0 0 rg BT 141.86 243.75 Td (extent ) Tj ET Q q 0 0 0 rg BT 172.20 243.75 Td (available ) Tj ET Q q 0 0 0 rg BT 214.77 243.75 Td (or ) Tj ET Q q 0 0 0 rg BT 226.75 243.75 Td (alternative ) Tj ET Q q 0 0 0 rg BT 275.99 243.75 Td (pricing ) Tj ET Q q 0 0 0 rg BT 308.54 243.75 Td (sources ) Tj ET Q q 0 0 0 rg BT 346.65 243.75 Td (and ) Tj ET Q q 0 0 0 rg BT 366.43 243.75 Td (models ) Tj ET Q q 0 0 0 rg BT 401.76 243.75 Td (utilizing ) Tj ET Q q 0 0 0 rg BT 438.21 243.75 Td (market ) Tj ET Q q 0 0 0 rg BT 471.87 243.75 Td (observable ) Tj ET Q q 0 0 0 rg BT 523.88 243.75 Td (inputs ) Tj ET Q q 0 0 0 rg BT 553.66 243.75 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 231.75 Td (determine ) Tj ET Q q 0 0 0 rg BT 97.30 231.75 Td (fair ) Tj ET Q q 0 0 0 rg BT 114.02 231.75 Td (value. ) Tj ET Q q 0 0 0 rg BT 143.53 231.75 Td (W) Tj ET Q q 0 0 0 rg BT 152.79 231.75 Td (e ) Tj ET Q q 0 0 0 rg BT 161.18 231.75 Td (reclassified ) Tj ET Q q 0 0 0 rg BT 214.03 231.75 Td (our ) Tj ET Q q 0 0 0 rg BT 231.32 231.75 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 253.59 231.75 Td (government ) Tj ET Q q 0 0 0 rg BT 309.23 231.75 Td (notes ) Tj ET Q q 0 0 0 rg BT 336.53 231.75 Td (included ) Tj ET Q q 0 0 0 rg BT 376.61 231.75 Td (in ) Tj ET Q q 0 0 0 rg BT 387.22 231.75 Td (marketable ) Tj ET Q q 0 0 0 rg BT 439.52 231.75 Td (debt ) Tj ET Q q 0 0 0 rg BT 461.81 231.75 Td (securities ) Tj ET Q q 0 0 0 rg BT 506.88 231.75 Td (from ) Tj ET Q q 0 0 0 rg BT 529.71 231.75 Td (Level ) Tj ET Q q 0 0 0 rg BT 556.44 231.75 Td (1 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 219.75 Td (to ) Tj ET Q q 0 0 0 rg BT 61.43 219.75 Td (Level ) Tj ET Q q 0 0 0 rg BT 88.42 219.75 Td (2 ) Tj ET Q q 0 0 0 rg BT 97.07 219.75 Td (within ) Tj ET Q q 0 0 0 rg BT 125.72 219.75 Td (the ) Tj ET Q q 0 0 0 rg BT 142.71 219.75 Td (fair ) Tj ET Q q 0 0 0 rg BT 159.69 219.75 Td (value ) Tj ET Q q 0 0 0 rg BT 186.68 219.75 Td (hierarchy ) Tj ET Q q 0 0 0 rg BT 230.89 219.75 Td (as ) Tj ET Q q 0 0 0 rg BT 244.54 219.75 Td (these ) Tj ET Q q 0 0 0 rg BT 272.09 219.75 Td (securities ) Tj ET Q q 0 0 0 rg BT 317.41 219.75 Td (are ) Tj ET Q q 0 0 0 rg BT 334.95 219.75 Td (priced ) Tj ET Q q 0 0 0 rg BT 365.27 219.75 Td (based ) Tj ET Q q 0 0 0 rg BT 395.61 219.75 Td (on ) Tj ET Q q 0 0 0 rg BT 409.82 219.75 Td (a ) Tj ET Q q 0 0 0 rg BT 418.46 219.75 Td (combination ) Tj ET Q q 0 0 0 rg BT 475.47 219.75 Td (of ) Tj ET Q q 0 0 0 rg BT 486.90 219.75 Td (quoted ) Tj ET Q q 0 0 0 rg BT 520.57 219.75 Td (prices ) Tj ET Q q 0 0 0 rg BT 550.33 219.75 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 207.75 Td (identical ) Tj ET Q q 0 0 0 rg BT 89.85 207.75 Td (or ) Tj ET Q q 0 0 0 rg BT 101.89 207.75 Td (similar ) Tj ET Q q 0 0 0 rg BT 133.94 207.75 Td (instruments ) Tj ET Q q 0 0 0 rg BT 188.78 207.75 Td (in ) Tj ET Q q 0 0 0 rg BT 199.72 207.75 Td (active ) Tj ET Q q 0 0 0 rg BT 229.00 207.75 Td (markets ) Tj ET Q q 0 0 0 rg BT 267.72 207.75 Td (and ) Tj ET Q q 0 0 0 rg BT 287.56 207.75 Td (models ) Tj ET Q q 0 0 0 rg BT 322.95 207.75 Td (with ) Tj ET Q q 0 0 0 rg BT 343.89 207.75 Td (significant ) Tj ET Q q 0 0 0 rg BT 391.52 207.75 Td (observable ) Tj ET Q q 0 0 0 rg BT 443.59 207.75 Td (market ) Tj ET Q q 0 0 0 rg BT 477.31 207.75 Td (inputs. ) Tj ET Q q 0 0 0 rg BT 509.93 207.75 Td (Prior ) Tj ET Q q 0 0 0 rg BT 534.20 207.75 Td (period ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 195.75 Td (amounts ) Tj ET Q q 0 0 0 rg BT 90.38 195.75 Td (have ) Tj ET Q q 0 0 0 rg BT 114.09 195.75 Td (been ) Tj ET Q q 0 0 0 rg BT 138.37 195.75 Td (reclassified ) Tj ET Q q 0 0 0 rg BT 190.41 195.75 Td (to ) Tj ET Q q 0 0 0 rg BT 200.78 195.75 Td (conform ) Tj ET Q q 0 0 0 rg BT 238.93 195.75 Td (with ) Tj ET Q q 0 0 0 rg BT 258.74 195.75 Td (current ) Tj ET Q q 0 0 0 rg BT 291.89 195.75 Td (period ) Tj ET Q q 0 0 0 rg BT 321.71 195.75 Td (presentation. ) Tj ET Q q 0 0 0 rg BT 381.43 195.75 Td (The ) Tj ET Q q 0 0 0 rg BT 400.68 195.75 Td (vast ) Tj ET Q q 0 0 0 rg BT 421.05 195.75 Td (majority ) Tj ET Q q 0 0 0 rg BT 458.08 195.75 Td (of ) Tj ET Q q 0 0 0 rg BT 468.45 195.75 Td (our ) Tj ET Q q 0 0 0 rg BT 484.93 195.75 Td (government ) Tj ET Q q 0 0 0 rg BT 539.76 195.75 Td (bond ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 183.75 Td (holdings ) Tj ET Q q 0 0 0 rg BT 90.03 183.75 Td (are ) Tj ET Q q 0 0 0 rg BT 107.26 183.75 Td (highly ) Tj ET Q q 0 0 0 rg BT 136.17 183.75 Td (liquid ) Tj ET Q q 0 0 0 rg BT 162.29 183.75 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 184.52 183.75 Td (government ) Tj ET Q q 0 0 0 rg BT 240.11 183.75 Td (notes.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 165.75 Td (W) Tj ET Q q 0 0 0 rg BT 81.76 165.75 Td (e ) Tj ET Q q 0 0 0 rg BT 90.06 165.75 Td (classify ) Tj ET Q q 0 0 0 rg BT 125.59 165.75 Td (our ) Tj ET Q q 0 0 0 rg BT 142.79 165.75 Td (non-marketable ) Tj ET Q q 0 0 0 rg BT 215.02 165.75 Td (debt ) Tj ET Q q 0 0 0 rg BT 237.23 165.75 Td (securities ) Tj ET Q q 0 0 0 rg BT 282.21 165.75 Td (as ) Tj ET Q q 0 0 0 rg BT 295.52 165.75 Td (Level ) Tj ET Q q 0 0 0 rg BT 322.17 165.75 Td (3 ) Tj ET Q q 0 0 0 rg BT 330.48 165.75 Td (in ) Tj ET Q q 0 0 0 rg BT 341.01 165.75 Td (the ) Tj ET Q q 0 0 0 rg BT 357.65 165.75 Td (fair ) Tj ET Q q 0 0 0 rg BT 374.29 165.75 Td (value ) Tj ET Q q 0 0 0 rg BT 400.94 165.75 Td (hierarchy ) Tj ET Q q 0 0 0 rg BT 444.82 165.75 Td (because ) Tj ET Q q 0 0 0 rg BT 485.37 165.75 Td (they ) Tj ET Q q 0 0 0 rg BT 507.02 165.75 Td (are ) Tj ET Q q 0 0 0 rg BT 524.21 165.75 Td (primarily ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 153.75 Td (preferred ) Tj ET Q q 0 0 0 rg BT 93.23 153.75 Td (stock ) Tj ET Q q 0 0 0 rg BT 119.23 153.75 Td (and ) Tj ET Q q 0 0 0 rg BT 138.56 153.75 Td (convertible ) Tj ET Q q 0 0 0 rg BT 189.58 153.75 Td (notes ) Tj ET Q q 0 0 0 rg BT 216.70 153.75 Td (issued ) Tj ET Q q 0 0 0 rg BT 248.26 153.75 Td (by ) Tj ET Q q 0 0 0 rg BT 261.47 153.75 Td (private ) Tj ET Q q 0 0 0 rg BT 294.14 153.75 Td (companies ) Tj ET Q q 0 0 0 rg BT 345.16 153.75 Td (without ) Tj ET Q q 0 0 0 rg BT 379.50 153.75 Td (quoted ) Tj ET Q q 0 0 0 rg BT 412.74 153.75 Td (market ) Tj ET Q q 0 0 0 rg BT 445.95 153.75 Td (prices. ) Tj ET Q q 0 0 0 rg BT 477.89 153.75 Td (T) Tj ET Q q 0 0 0 rg BT 482.89 153.75 Td (o ) Tj ET Q q 0 0 0 rg BT 491.11 153.75 Td (estimate ) Tj ET Q q 0 0 0 rg BT 531.55 153.75 Td (the ) Tj ET Q q 0 0 0 rg BT 548.11 153.75 Td (fair ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 141.75 Td (value ) Tj ET Q q 0 0 0 rg BT 76.58 141.75 Td (of ) Tj ET Q q 0 0 0 rg BT 87.59 141.75 Td (our ) Tj ET Q q 0 0 0 rg BT 104.71 141.75 Td (non-marketable ) Tj ET Q q 0 0 0 rg BT 176.86 141.75 Td (debt ) Tj ET Q q 0 0 0 rg BT 198.99 141.75 Td (securities, ) Tj ET Q q 0 0 0 rg BT 246.68 141.75 Td (we ) Tj ET Q q 0 0 0 rg BT 262.13 141.75 Td (use ) Tj ET Q q 0 0 0 rg BT 280.92 141.75 Td (a ) Tj ET Q q 0 0 0 rg BT 289.16 141.75 Td (combination ) Tj ET Q q 0 0 0 rg BT 345.75 141.75 Td (of ) Tj ET Q q 0 0 0 rg BT 356.76 141.75 Td (valuation ) Tj ET Q q 0 0 0 rg BT 399.46 141.75 Td (methodologies, ) Tj ET Q q 0 0 0 rg BT 469.95 141.75 Td (including ) Tj ET Q q 0 0 0 rg BT 512.09 141.75 Td (market ) Tj ET Q q 0 0 0 rg BT 545.32 141.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 129.75 Td (income ) Tj ET Q q 0 0 0 rg BT 85.48 129.75 Td (approaches ) Tj ET Q q 0 0 0 rg BT 140.98 129.75 Td (based ) Tj ET Q q 0 0 0 rg BT 171.46 129.75 Td (on ) Tj ET Q q 0 0 0 rg BT 185.83 129.75 Td (prior ) Tj ET Q q 0 0 0 rg BT 209.07 129.75 Td (transaction ) Tj ET Q q 0 0 0 rg BT 261.23 129.75 Td (prices; ) Tj ET Q q 0 0 0 rg BT 293.92 129.75 Td (estimated ) Tj ET Q q 0 0 0 rg BT 340.51 129.75 Td (timing, ) Tj ET Q q 0 0 0 rg BT 373.21 129.75 Td (probability) Tj ET Q q 0 0 0 rg BT 418.04 129.75 Td (, ) Tj ET Q q 0 0 0 rg BT 424.06 129.75 Td (and ) Tj ET Q q 0 0 0 rg BT 443.99 129.75 Td (amount ) Tj ET Q q 0 0 0 rg BT 480.58 129.75 Td (of ) Tj ET Q q 0 0 0 rg BT 492.16 129.75 Td (cash ) Tj ET Q q 0 0 0 rg BT 516.52 129.75 Td (flows; ) Tj ET Q q 0 0 0 rg BT 545.32 129.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 117.75 Td (illiquidity ) Tj ET Q q 0 0 0 rg BT 91.01 117.75 Td (considerations. ) Tj ET Q q 0 0 0 rg BT 161.49 117.75 Td (Financial ) Tj ET Q q 0 0 0 rg BT 204.73 117.75 Td (information ) Tj ET Q q 0 0 0 rg BT 257.42 117.75 Td (of ) Tj ET Q q 0 0 0 rg BT 268.98 117.75 Td (private ) Tj ET Q q 0 0 0 rg BT 302.21 117.75 Td (companies ) Tj ET Q q 0 0 0 rg BT 353.79 117.75 Td (may ) Tj ET Q q 0 0 0 rg BT 375.90 117.75 Td (not ) Tj ET Q q 0 0 0 rg BT 393.02 117.75 Td (be ) Tj ET Q q 0 0 0 rg BT 407.36 117.75 Td (available ) Tj ET Q q 0 0 0 rg BT 450.06 117.75 Td (and ) Tj ET Q q 0 0 0 rg BT 469.96 117.75 Td (consequently ) Tj ET Q q 0 0 0 rg BT 532.11 117.75 Td (we ) Tj ET Q q 0 0 0 rg BT 548.11 117.75 Td (will ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 105.75 Td (estimate ) Tj ET Q q 0 0 0 rg BT 90.57 105.75 Td (the ) Tj ET Q q 0 0 0 rg BT 107.25 105.75 Td (fair ) Tj ET Q q 0 0 0 rg BT 123.92 105.75 Td (value ) Tj ET Q q 0 0 0 rg BT 150.61 105.75 Td (based ) Tj ET Q q 0 0 0 rg BT 180.63 105.75 Td (on ) Tj ET Q q 0 0 0 rg BT 194.53 105.75 Td (the ) Tj ET Q q 0 0 0 rg BT 211.21 105.75 Td (best ) Tj ET Q q 0 0 0 rg BT 232.89 105.75 Td (available ) Tj ET Q q 0 0 0 rg BT 275.14 105.75 Td (information ) Tj ET Q q 0 0 0 rg BT 327.39 105.75 Td (at ) Tj ET Q q 0 0 0 rg BT 338.51 105.75 Td (the ) Tj ET Q q 0 0 0 rg BT 355.19 105.75 Td (measurement ) Tj ET Q q 0 0 0 rg BT 419.10 105.75 Td (date. ) Tj ET Q endstream endobj 27 0 obj <>] /Rotate 0 /Contents 28 0 R>> endobj 28 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 53 767.1939453125 m 130.8271484375 767.1939453125 l s q 0 0 1 rg BT 53.00 768.62 Td (T) Tj ET Q q 0 0 1 rg BT 58.00 768.62 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.396078431372549 0.396078431372549 0.396078431372549 rg BT 494.20 768.62 Td (Alphabet Inc.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.80 31.25 Td (1) Tj ET Q q 0 0 0 rg BT 305.62 31.25 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 741.75 Td (The ) Tj ET Q q 0 0 0 rg BT 91.79 741.75 Td (following ) Tj ET Q q 0 0 0 rg BT 132.77 741.75 Td (tables ) Tj ET Q q 0 0 0 rg BT 161.51 741.75 Td (summarize ) Tj ET Q q 0 0 0 rg BT 212.47 741.75 Td (our ) Tj ET Q q 0 0 0 rg BT 228.99 741.75 Td (debt ) Tj ET Q q 0 0 0 rg BT 250.51 741.75 Td (securities ) Tj ET Q q 0 0 0 rg BT 294.81 741.75 Td (by ) Tj ET Q q 0 0 0 rg BT 307.43 741.75 Td (significant ) Tj ET Q q 0 0 0 rg BT 353.96 741.75 Td (investment ) Tj ET Q q 0 0 0 rg BT 404.38 741.75 Td (categories ) Tj ET Q q 0 0 0 rg BT 452.58 741.75 Td (as ) Tj ET Q q 0 0 0 rg BT 465.20 741.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.60 741.75 Td (December ) Tj ET Q q 0 0 0 rg BT 523.79 741.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 539.76 741.75 Td (2017) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 729.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.46 729.75 Td (March ) Tj ET Q q 0 0 0 rg BT 100.02 729.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 116.70 729.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.95 729.75 Td ( ) Tj ET Q q 0 0 0 rg BT 141.73 729.75 Td (\(in ) Tj ET Q q 0 0 0 rg BT 155.62 729.75 Td (millions\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 664.25 149.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 199.50 664.25 48.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 247.50 664.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 251.50 664.25 48.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 299.50 664.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 303.50 664.25 48.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 351.50 664.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 664.25 48.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 403.50 664.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.50 664.25 51.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 458.50 664.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 462.50 664.25 48.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 510.50 664.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 514.50 664.25 48.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 636.25 149.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 199.50 636.25 48.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 247.50 636.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 251.50 636.25 48.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 299.50 636.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 303.50 636.25 48.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 351.50 636.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 636.25 48.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 403.50 636.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.50 636.25 51.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 458.50 636.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 462.50 636.25 48.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 510.50 636.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 514.50 636.25 48.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 608.25 149.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 199.50 608.25 48.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 247.50 608.25 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 251.50 608.25 48.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 299.50 608.25 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 303.50 608.25 48.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 351.50 608.25 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 608.25 48.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 403.50 608.25 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.50 608.25 51.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 458.50 608.25 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 462.50 608.25 48.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 510.50 608.25 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 514.50 608.25 48.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 569.25 149.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 199.50 569.25 48.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 247.50 569.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 251.50 569.25 48.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 299.50 569.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 303.50 569.25 48.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 351.50 569.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 569.25 48.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 403.50 569.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.50 569.25 51.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 458.50 569.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 462.50 569.25 48.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 510.50 569.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 514.50 569.25 48.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 541.25 149.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 199.50 541.25 48.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 247.50 541.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 251.50 541.25 48.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 299.50 541.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 303.50 541.25 48.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 351.50 541.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 541.25 48.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 403.50 541.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.50 541.25 51.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 458.50 541.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 462.50 541.25 48.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 510.50 541.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 514.50 541.25 48.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 199.5 702.25 m 247.5 702.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 247.5 702.25 m 251.5 702.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 251.5 702.25 m 299.5 702.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 299.5 702.25 m 303.5 702.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 303.5 702.25 m 351.5 702.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 702.25 m 355.5 702.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 702.25 m 403.5 702.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 702.25 m 407.5 702.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 702.25 m 458.5 702.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458.5 702.25 m 462.5 702.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 702.25 m 510.5 702.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 514.5 702.25 m 562.5 702.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 199.5 664.25 m 247.5 664.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 251.5 664.25 m 299.5 664.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 303.5 664.25 m 351.5 664.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 664.25 m 403.5 664.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 664.25 m 458.5 664.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 664.25 m 510.5 664.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 702.25 m 514.5 702.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 514.5 664.25 m 562.5 664.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 199.5 583.25 m 247.5 583.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 251.5 583.25 m 299.5 583.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 303.5 583.25 m 351.5 583.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 583.25 m 403.5 583.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 583.25 m 458.5 583.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 583.25 m 510.5 583.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 514.5 583.25 m 562.5 583.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 251.5 583.25 m 299.5 583.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 303.5 583.25 m 351.5 583.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 583.25 m 403.5 583.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 583.25 m 458.5 583.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 583.25 m 510.5 583.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 514.5 583.25 m 562.5 583.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 199.5 527.25 m 247.5 527.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 199.5 514.25 m 247.5 514.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 199.5 512.25 m 247.5 512.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 251.5 527.25 m 299.5 527.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 251.5 514.25 m 299.5 514.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 251.5 512.25 m 299.5 512.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 303.5 527.25 m 351.5 527.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 303.5 514.25 m 351.5 514.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 303.5 512.25 m 351.5 512.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 527.25 m 403.5 527.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 514.25 m 403.5 514.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 512.25 m 403.5 512.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 527.25 m 458.5 527.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 514.25 m 458.5 514.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 512.25 m 458.5 512.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 527.25 m 510.5 527.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 514.25 m 510.5 514.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 512.25 m 510.5 512.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 514.5 527.25 m 562.5 527.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 514.5 514.25 m 562.5 514.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 514.5 512.25 m 562.5 512.25 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 705.93 Td (? Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 333.35 705.93 Td (As of December 31, 2017) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 668.48 Td (? Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 205.85 676.48 Td (Adjusted) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 214.10 668.48 Td (Cost) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 263.40 684.48 Td (Gross) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 254.75 676.48 Td (Unrealized) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 263.85 668.48 Td (Gains) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 315.40 684.48 Td (Gross) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 306.75 676.48 Td (Unrealized) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 313.20 668.48 Td (Losses) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 371.65 676.48 Td (Fair) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 368.50 668.48 Td (V) Tj ET Q q 0 0 0 rg BT 373.62 668.48 Td (alue) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 414.45 684.48 Td (Cash and ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 422.70 676.48 Td (Cash) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 410.00 668.48 Td (Equivalents) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 465.10 676.48 Td (Marketable) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 466.85 668.48 Td (Securities) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 528.85 684.48 Td (Non-) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 517.10 676.48 Td (Marketable) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 518.85 668.48 Td (Securities) Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 53 653.0439453125 m 88.0244140625 653.0439453125 l s q 0 0 0 rg BT 53.00 654.47 Td (Level 2:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 640.47 Td (T) Tj ET Q q 0 0 0 rg BT 58.74 640.47 Td (ime deposits) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 114.88 645.24 Td (\(1\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 202.00 640.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 226.95 640.47 Td (359) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 254.00 640.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.05 640.52 Td (0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.00 640.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 342.05 640.47 Td (0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.00 640.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.95 640.47 Td (359) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.00 640.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.95 640.47 Td (357) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.00 640.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.05 640.47 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.00 640.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.05 640.47 Td (0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 626.47 Td (Government bonds) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 138.05 631.24 Td (\(2\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 213.00 626.47 Td (51,548) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 284.50 626.52 Td (10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 327.60 626.47 Td (\(406) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.65 626.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.05 626.47 Td (51,152) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.60 626.47 Td (1,241) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.05 626.47 Td (49,91) Tj ET Q q 0 0 0 rg BT 501.07 626.47 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.05 626.47 Td (0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 612.47 Td (Corporate debt securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 213.00 612.47 Td (24,269) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 284.50 612.52 Td (21) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 327.60 612.47 Td (\(135) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.65 612.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.05 612.47 Td (24,155) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.95 612.47 Td (126) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.05 612.47 Td (24,029) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.05 612.47 Td (0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 598.47 Td (Mortgage-backed and asset-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 588.47 Td (backed securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 213.00 587.87 Td (16,789) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 284.50 587.92 Td (13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 327.60 587.87 Td (\(180) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.65 587.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.05 587.87 Td (16,622) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.05 587.87 Td (0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.05 587.87 Td (16,622) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.05 587.87 Td (0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 213.00 573.47 Td (92,965) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 284.50 573.52 Td (44) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 327.60 573.47 Td (\(721) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.65 573.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.05 573.47 Td (92,288) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.60 573.47 Td (1,724) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.05 573.47 Td (90,564) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.05 573.47 Td (0) Tj ET Q BT /F1 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 53.00 566.75 35.02 -9.38 re f /GS0 gs 0 0 0 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 53 558.0439453125 m 88.0244140625 558.0439453125 l s q 0 0 0 rg BT 53.00 559.47 Td (Level 3:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 545.47 Td (Non-marketable debt securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 218.60 545.52 Td (1,083) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.95 545.47 Td (81) Tj ET Q q 0 0 0 rg BT 290.07 545.47 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 342.05 545.47 Td (0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 374.60 545.47 Td (1,894) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.05 545.47 Td (0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.05 545.47 Td (0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.60 545.47 Td (1,894) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 517.47 Td (T) Tj ET Q q 0 0 0 rg BT 76.00 517.47 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 202.00 517.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 213.00 517.47 Td (94,048) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 254.00 517.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.95 517.47 Td (855) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.00 517.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 327.60 517.47 Td (\(721) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.65 517.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.00 517.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.05 517.47 Td (94,182) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.00 517.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.60 517.47 Td (1,724) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.00 517.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.05 517.47 Td (90,564) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.00 517.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.60 517.47 Td (1,894) Tj ET Q BT /F1 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 436.25 149.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 198.50 436.25 48.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 246.50 436.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 436.25 48.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 298.50 436.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 302.50 436.25 48.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 436.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 436.25 48.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.50 436.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 406.50 436.25 51.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.50 436.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.50 436.25 48.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 509.50 436.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 513.50 436.25 48.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 408.25 149.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 198.50 408.25 48.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 246.50 408.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 408.25 48.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 298.50 408.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 302.50 408.25 48.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 408.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 408.25 48.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.50 408.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 406.50 408.25 51.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.50 408.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.50 408.25 48.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 509.50 408.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 513.50 408.25 48.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 380.25 149.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 198.50 380.25 48.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 246.50 380.25 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 380.25 48.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 298.50 380.25 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 302.50 380.25 48.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 380.25 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 380.25 48.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.50 380.25 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 406.50 380.25 51.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.50 380.25 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.50 380.25 48.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 509.50 380.25 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 513.50 380.25 48.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 341.25 149.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 198.50 341.25 48.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 246.50 341.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 341.25 48.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 298.50 341.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 302.50 341.25 48.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 341.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 341.25 48.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.50 341.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 406.50 341.25 51.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.50 341.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.50 341.25 48.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 509.50 341.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 513.50 341.25 48.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 313.25 149.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 198.50 313.25 48.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 246.50 313.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 313.25 48.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 298.50 313.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 302.50 313.25 48.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 313.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 313.25 48.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.50 313.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 406.50 313.25 51.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.50 313.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.50 313.25 48.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 509.50 313.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 513.50 313.25 48.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 198.5 486.25 m 246.5 486.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 246.5 486.25 m 250.5 486.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 486.25 m 298.5 486.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 298.5 486.25 m 302.5 486.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 302.5 486.25 m 350.5 486.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 486.25 m 354.5 486.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 486.25 m 402.5 486.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 402.5 486.25 m 406.5 486.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 486.25 m 457.5 486.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 486.25 m 461.5 486.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 486.25 m 509.5 486.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513.5 486.25 m 561.5 486.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 198.5 486.25 m 246.5 486.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 198.5 450.25 m 246.5 450.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 246.5 486.25 m 250.5 486.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 486.25 m 298.5 486.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 450.25 m 298.5 450.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 298.5 486.25 m 302.5 486.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 302.5 486.25 m 350.5 486.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 302.5 450.25 m 350.5 450.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 486.25 m 354.5 486.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 486.25 m 402.5 486.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 450.25 m 402.5 450.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 402.5 486.25 m 406.5 486.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 486.25 m 457.5 486.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 450.25 m 457.5 450.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 486.25 m 461.5 486.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 486.25 m 509.5 486.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 450.25 m 509.5 450.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509.5 486.25 m 513.5 486.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513.5 486.25 m 561.5 486.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513.5 450.25 m 561.5 450.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 198.5 355.25 m 246.5 355.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 355.25 m 298.5 355.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 302.5 355.25 m 350.5 355.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 355.25 m 402.5 355.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 355.25 m 457.5 355.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 355.25 m 509.5 355.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513.5 355.25 m 561.5 355.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 355.25 m 298.5 355.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 302.5 355.25 m 350.5 355.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 355.25 m 402.5 355.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 355.25 m 457.5 355.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 355.25 m 509.5 355.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513.5 355.25 m 561.5 355.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 198.5 299.25 m 246.5 299.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 299.25 m 298.5 299.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 302.5 299.25 m 350.5 299.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 299.25 m 402.5 299.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 299.25 m 457.5 299.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 299.25 m 509.5 299.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513.5 299.25 m 561.5 299.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 198.5 286.25 m 246.5 286.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 198.5 284.25 m 246.5 284.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 286.25 m 298.5 286.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 284.25 m 298.5 284.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 302.5 286.25 m 350.5 286.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 302.5 284.25 m 350.5 284.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 286.25 m 402.5 286.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 284.25 m 402.5 284.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 286.25 m 457.5 286.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 284.25 m 457.5 284.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 286.25 m 509.5 286.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 284.25 m 509.5 284.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513.5 286.25 m 561.5 286.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513.5 284.25 m 561.5 284.25 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.00 489.93 Td (? Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 339.90 489.93 Td (As of March 31, 2018) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.00 454.48 Td (? Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 204.85 462.48 Td (Adjusted) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 213.10 454.48 Td (Cost) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 262.40 470.48 Td (Gross) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 253.75 462.48 Td (Unrealized) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 262.85 454.48 Td (Gains) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 314.40 470.48 Td (Gross) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 305.75 462.48 Td (Unrealized) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 312.20 454.48 Td (Losses) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 370.65 462.48 Td (Fair) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 367.50 454.48 Td (V) Tj ET Q q 0 0 0 rg BT 372.62 454.48 Td (alue) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 413.45 470.48 Td (Cash and ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 421.70 462.48 Td (Cash) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 409.00 454.48 Td (Equivalents) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 464.10 462.48 Td (Marketable) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 465.85 454.48 Td (Securities) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 527.85 470.48 Td (Non-) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 516.10 462.48 Td (Marketable) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 517.85 454.48 Td (Securities) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 357.70 440.48 Td (\(unaudited\)) Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 52 425.0439453125 m 87.0244140625 425.0439453125 l s q 0 0 0 rg BT 52.00 426.47 Td (Level 2:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 412.47 Td (T) Tj ET Q q 0 0 0 rg BT 57.74 412.47 Td (ime deposits) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 113.88 417.24 Td (\(1\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 201.00 412.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 225.95 412.47 Td (187) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 253.00 412.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.05 412.52 Td (0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.00 412.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.05 412.47 Td (0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.00 412.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.95 412.47 Td (187) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.00 412.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.95 412.47 Td (186) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.00 412.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.05 412.47 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 516.00 412.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.05 412.47 Td (0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 398.47 Td (Government bonds) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 137.05 403.24 Td (\(2\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 212.00 398.47 Td (50,187) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 283.50 398.52 Td (14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.60 398.47 Td (\(563) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.65 398.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.05 398.47 Td (49,638) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.95 398.47 Td (1) Tj ET Q q 0 0 0 rg BT 442.51 398.47 Td (10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.05 398.47 Td (49,528) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.05 398.47 Td (0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 384.47 Td (Corporate debt securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 212.00 384.47 Td (24,305) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 283.50 384.52 Td (10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.60 384.47 Td (\(361) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.65 384.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.05 384.47 Td (23,954) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.50 384.47 Td (43) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.05 384.47 Td (23,91) Tj ET Q q 0 0 0 rg BT 500.07 384.47 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.05 384.47 Td (0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 370.47 Td (Mortgage-backed and asset-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 360.47 Td (backed securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 212.00 359.87 Td (16,309) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.05 359.92 Td (9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.60 359.87 Td (\(348) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.65 359.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.05 359.87 Td (15,970) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.05 359.87 Td (0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.05 359.87 Td (15,970) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.05 359.87 Td (0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 212.00 345.47 Td (90,988) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 283.50 345.52 Td (33) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.25 345.47 Td (\(1,272) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.65 345.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.05 345.47 Td (89,749) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.95 345.47 Td (339) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.05 345.47 Td (89,410) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.05 345.47 Td (0) Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 52 330.0439453125 m 87.0244140625 330.0439453125 l s q 0 0 0 rg BT 52.00 331.47 Td (Level 3:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 317.47 Td (Non-marketable debt securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 217.60 317.52 Td (1,030) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.60 317.52 Td (1,204) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.05 317.47 Td (0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.60 317.47 Td (2,234) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.05 317.47 Td (0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.05 317.47 Td (0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.60 317.47 Td (2,234) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 289.47 Td (T) Tj ET Q q 0 0 0 rg BT 75.00 289.47 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 201.00 289.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 212.00 289.47 Td (92,018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 253.00 289.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.60 289.52 Td (1,237) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.00 289.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.25 289.47 Td (\(1,272) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.65 289.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.00 289.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.05 289.47 Td (91,983) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.00 289.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.95 289.47 Td (339) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.00 289.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.05 289.47 Td (89,410) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 516.00 289.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.60 289.47 Td (2,234) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 50.00 278.52 Td (\(1\) ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 72.50 273.75 Td (The ) Tj ET Q q 0 0 0 rg BT 90.51 273.75 Td (majority ) Tj ET Q q 0 0 0 rg BT 124.51 273.75 Td (of ) Tj ET Q q 0 0 0 rg BT 134.52 273.75 Td (our ) Tj ET Q q 0 0 0 rg BT 150.03 273.75 Td (time ) Tj ET Q q 0 0 0 rg BT 169.53 273.75 Td (deposits ) Tj ET Q q 0 0 0 rg BT 205.55 273.75 Td (are ) Tj ET Q q 0 0 0 rg BT 221.06 273.75 Td (foreign ) Tj ET Q q 0 0 0 rg BT 251.08 273.75 Td (deposits.) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 50.00 266.52 Td (\(2\) ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 72.50 261.75 Td (Government ) Tj ET Q q 0 0 0 rg BT 124.77 261.75 Td (bonds ) Tj ET Q q 0 0 0 rg BT 152.05 261.75 Td (is ) Tj ET Q q 0 0 0 rg BT 161.30 261.75 Td (comprised ) Tj ET Q q 0 0 0 rg BT 205.56 261.75 Td (primarily ) Tj ET Q q 0 0 0 rg BT 242.31 261.75 Td (of U.S. ) Tj ET Q q 0 0 0 rg BT 272.57 261.75 Td (government ) Tj ET Q q 0 0 0 rg BT 322.85 261.75 Td (notes, and ) Tj ET Q q 0 0 0 rg BT 367.64 261.75 Td (also ) Tj ET Q q 0 0 0 rg BT 386.90 261.75 Td (includes ) Tj ET Q q 0 0 0 rg BT 422.67 261.75 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 442.92 261.75 Td (government ) Tj ET Q q 0 0 0 rg BT 493.20 261.75 Td (agencies, ) Tj ET Q q 0 0 0 rg BT 534.48 261.75 Td (foreign ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 72.50 249.75 Td (government ) Tj ET Q q 0 0 0 rg BT 122.53 249.75 Td (bonds ) Tj ET Q q 0 0 0 rg BT 149.55 249.75 Td (and municipal ) Tj ET Q q 0 0 0 rg BT 207.58 249.75 Td (securities.?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 253.10 249.75 Td (? Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 228.75 Td (W) Tj ET Q q 0 0 0 rg BT 83.26 228.75 Td (e ) Tj ET Q q 0 0 0 rg BT 92.50 228.75 Td (determine ) Tj ET Q q 0 0 0 rg BT 140.65 228.75 Td (realized ) Tj ET Q q 0 0 0 rg BT 179.35 228.75 Td (gains ) Tj ET Q q 0 0 0 rg BT 206.94 228.75 Td (or ) Tj ET Q q 0 0 0 rg BT 219.51 228.75 Td (losses ) Tj ET Q q 0 0 0 rg BT 251.53 228.75 Td (on ) Tj ET Q q 0 0 0 rg BT 266.34 228.75 Td (the ) Tj ET Q q 0 0 0 rg BT 283.92 228.75 Td (sale ) Tj ET Q q 0 0 0 rg BT 305.94 228.75 Td (of ) Tj ET Q q 0 0 0 rg BT 317.96 228.75 Td (debt ) Tj ET Q q 0 0 0 rg BT 341.11 228.75 Td (securities ) Tj ET Q q 0 0 0 rg BT 387.03 228.75 Td (on ) Tj ET Q q 0 0 0 rg BT 401.83 228.75 Td (a ) Tj ET Q q 0 0 0 rg BT 411.07 228.75 Td (specific ) Tj ET Q q 0 0 0 rg BT 448.10 228.75 Td (identification ) Tj ET Q q 0 0 0 rg BT 507.37 228.75 Td (method. ) Tj ET Q q 0 0 0 rg BT 547.18 228.75 Td (W) Tj ET Q q 0 0 0 rg BT 556.44 228.75 Td (e ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 216.75 Td (recognized ) Tj ET Q q 0 0 0 rg BT 101.55 216.75 Td (gross ) Tj ET Q q 0 0 0 rg BT 128.64 216.75 Td (realized ) Tj ET Q q 0 0 0 rg BT 166.29 216.75 Td (gains ) Tj ET Q q 0 0 0 rg BT 192.83 216.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 203.81 216.75 Td ($145 ) Tj ET Q q 0 0 0 rg BT 228.69 216.75 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 257.03 216.75 Td ( ) Tj ET Q q 0 0 0 rg BT 259.66 216.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.98 216.75 Td ($2 ) Tj ET Q q 0 0 0 rg BT 292.73 216.75 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 321.07 216.75 Td ( ) Tj ET Q q 0 0 0 rg BT 323.71 216.75 Td (for ) Tj ET Q q 0 0 0 rg BT 338.01 216.75 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.54 216.75 Td (three ) Tj ET Q q 0 0 0 rg BT 379.97 216.75 Td (months ) Tj ET Q q 0 0 0 rg BT 415.40 216.75 Td (ended ) Tj ET Q q 0 0 0 rg BT 445.84 216.75 Td (March ) Tj ET Q q 0 0 0 rg BT 476.25 216.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 492.79 216.75 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.03 216.75 Td ( ) Tj ET Q q 0 0 0 rg BT 517.67 216.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.99 216.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.23 216.75 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 204.75 Td (respectively) Tj ET Q q 0 0 0 rg BT 102.06 204.75 Td (. ) Tj ET Q q 0 0 0 rg BT 107.67 204.75 Td (W) Tj ET Q q 0 0 0 rg BT 116.93 204.75 Td (e ) Tj ET Q q 0 0 0 rg BT 125.33 204.75 Td (recognized ) Tj ET Q q 0 0 0 rg BT 177.08 204.75 Td (gross ) Tj ET Q q 0 0 0 rg BT 204.37 204.75 Td (realized ) Tj ET Q q 0 0 0 rg BT 242.23 204.75 Td (losses ) Tj ET Q q 0 0 0 rg BT 273.41 204.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 284.59 204.75 Td ($170 ) Tj ET Q q 0 0 0 rg BT 309.67 204.75 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 338.01 204.75 Td ( ) Tj ET Q q 0 0 0 rg BT 340.85 204.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.37 204.75 Td ($41 ) Tj ET Q q 0 0 0 rg BT 379.89 204.75 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.23 204.75 Td ( ) Tj ET Q q 0 0 0 rg BT 411.06 204.75 Td (for ) Tj ET Q q 0 0 0 rg BT 425.57 204.75 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.31 204.75 Td (three ) Tj ET Q q 0 0 0 rg BT 467.94 204.75 Td (months ) Tj ET Q q 0 0 0 rg BT 503.57 204.75 Td (ended ) Tj ET Q q 0 0 0 rg BT 534.21 204.75 Td (March ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 192.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 66.73 192.75 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.98 192.75 Td ( ) Tj ET Q q 0 0 0 rg BT 91.81 192.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 111.33 192.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 133.57 192.75 Td (, ) Tj ET Q q 0 0 0 rg BT 139.18 192.75 Td (respectively) Tj ET Q q 0 0 0 rg BT 191.24 192.75 Td (. ) Tj ET Q q 0 0 0 rg BT 196.85 192.75 Td (W) Tj ET Q q 0 0 0 rg BT 206.10 192.75 Td (e ) Tj ET Q q 0 0 0 rg BT 214.50 192.75 Td (reflect ) Tj ET Q q 0 0 0 rg BT 244.56 192.75 Td (these ) Tj ET Q q 0 0 0 rg BT 271.85 192.75 Td (gains ) Tj ET Q q 0 0 0 rg BT 298.59 192.75 Td (and ) Tj ET Q q 0 0 0 rg BT 318.11 192.75 Td (losses ) Tj ET Q q 0 0 0 rg BT 349.28 192.75 Td (as ) Tj ET Q q 0 0 0 rg BT 362.67 192.75 Td (a ) Tj ET Q q 0 0 0 rg BT 371.07 192.75 Td (component ) Tj ET Q q 0 0 0 rg BT 423.38 192.75 Td (of ) Tj ET Q q 0 0 0 rg BT 434.55 192.75 Td (other ) Tj ET Q q 0 0 0 rg BT 460.17 192.75 Td (income ) Tj ET Q q 0 0 0 rg BT 495.24 192.75 Td (\(expense\), ) Tj ET Q q 0 0 0 rg BT 545.31 192.75 Td (net, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 180.75 Td (in ) Tj ET Q q 0 0 0 rg BT 60.56 180.75 Td (the ) Tj ET Q q 0 0 0 rg BT 77.24 180.75 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 138.39 180.75 Td (Statements ) Tj ET Q q 0 0 0 rg BT 191.75 180.75 Td (of ) Tj ET Q q 0 0 0 rg BT 202.87 180.75 Td (Income.) Tj ET Q endstream endobj 29 0 obj <>] /Rotate 0 /Contents 30 0 R>> endobj 30 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 53 767.1939453125 m 130.8271484375 767.1939453125 l s q 0 0 1 rg BT 53.00 768.62 Td (T) Tj ET Q q 0 0 1 rg BT 58.00 768.62 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.396078431372549 0.396078431372549 0.396078431372549 rg BT 494.20 768.62 Td (Alphabet Inc.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.40 31.25 Td (12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 741.75 Td (The ) Tj ET Q q 0 0 0 rg BT 93.06 741.75 Td (following ) Tj ET Q q 0 0 0 rg BT 135.29 741.75 Td (table ) Tj ET Q q 0 0 0 rg BT 160.30 741.75 Td (summarizes ) Tj ET Q q 0 0 0 rg BT 217.52 741.75 Td (the ) Tj ET Q q 0 0 0 rg BT 234.74 741.75 Td (estimated ) Tj ET Q q 0 0 0 rg BT 281.42 741.75 Td (fair ) Tj ET Q q 0 0 0 rg BT 298.64 741.75 Td (value ) Tj ET Q q 0 0 0 rg BT 325.87 741.75 Td (of ) Tj ET Q q 0 0 0 rg BT 337.53 741.75 Td (our ) Tj ET Q q 0 0 0 rg BT 355.31 741.75 Td (investments ) Tj ET Q q 0 0 0 rg BT 411.99 741.75 Td (in ) Tj ET Q q 0 0 0 rg BT 423.09 741.75 Td (marketable ) Tj ET Q q 0 0 0 rg BT 475.88 741.75 Td (debt ) Tj ET Q q 0 0 0 rg BT 498.67 741.75 Td (securities ) Tj ET Q q 0 0 0 rg BT 544.23 741.75 Td (with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 729.75 Td (stated ) Tj ET Q q 0 0 0 rg BT 78.64 729.75 Td (contractual ) Tj ET Q q 0 0 0 rg BT 128.95 729.75 Td (maturity ) Tj ET Q q 0 0 0 rg BT 165.90 729.75 Td (dates, ) Tj ET Q q 0 0 0 rg BT 194.54 729.75 Td (accounted ) Tj ET Q q 0 0 0 rg BT 242.08 729.75 Td (for ) Tj ET Q q 0 0 0 rg BT 255.14 729.75 Td (as ) Tj ET Q q 0 0 0 rg BT 267.10 729.75 Td (available-for-sale ) Tj ET Q q 0 0 0 rg BT 344.64 729.75 Td (securities ) Tj ET Q q 0 0 0 rg BT 388.27 729.75 Td (and ) Tj ET Q q 0 0 0 rg BT 406.35 729.75 Td (classified ) Tj ET Q q 0 0 0 rg BT 448.88 729.75 Td (by ) Tj ET Q q 0 0 0 rg BT 460.83 729.75 Td (the ) Tj ET Q q 0 0 0 rg BT 476.13 729.75 Td (contractual ) Tj ET Q q 0 0 0 rg BT 526.44 729.75 Td (maturity ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 717.75 Td (date ) Tj ET Q q 0 0 0 rg BT 72.24 717.75 Td (of ) Tj ET Q q 0 0 0 rg BT 83.36 717.75 Td (the ) Tj ET Q q 0 0 0 rg BT 100.04 717.75 Td (securities ) Tj ET Q q 0 0 0 rg BT 145.05 717.75 Td (\(in ) Tj ET Q q 0 0 0 rg BT 158.95 717.75 Td (millions, ) Tj ET Q q 0 0 0 rg BT 197.84 717.75 Td (unaudited\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 683.25 422.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 472.50 683.25 90.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 655.25 422.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 472.50 655.25 90.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 627.25 422.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 472.50 627.25 90.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 472.5 683.25 m 562.5 683.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 472.5 627.25 m 562.5 627.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 472.5 614.25 m 562.5 614.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 472.5 612.25 m 562.5 612.25 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 507.00 695.48 Td (As of) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 488.50 687.48 Td (March 31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 673.47 Td (Due in 1 year) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.00 673.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.05 673.47 Td (17,262) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 659.47 Td (Due in 1 year through 5 years) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.05 659.47 Td (57,937) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 645.47 Td (Due in 5 years through 10 years) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.60 645.47 Td (2,325) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 631.47 Td (Due after 10 years) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.05 631.47 Td (1) Tj ET Q q 0 0 0 rg BT 533.61 631.47 Td (1,886) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 617.47 Td (T) Tj ET Q q 0 0 0 rg BT 76.00 617.47 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.00 617.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.05 617.47 Td (89,410) Tj ET Q BT /F2 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 592.75 Td (The ) Tj ET Q q 0 0 0 rg BT 95.40 592.75 Td (following ) Tj ET Q q 0 0 0 rg BT 138.47 592.75 Td (tables ) Tj ET Q q 0 0 0 rg BT 169.33 592.75 Td (present ) Tj ET Q q 0 0 0 rg BT 206.85 592.75 Td (gross ) Tj ET Q q 0 0 0 rg BT 235.46 592.75 Td (unrealized ) Tj ET Q q 0 0 0 rg BT 285.77 592.75 Td (losses ) Tj ET Q q 0 0 0 rg BT 318.28 592.75 Td (and ) Tj ET Q q 0 0 0 rg BT 339.13 592.75 Td (fair ) Tj ET Q q 0 0 0 rg BT 357.19 592.75 Td (values ) Tj ET Q q 0 0 0 rg BT 390.26 592.75 Td (for ) Tj ET Q q 0 0 0 rg BT 406.10 592.75 Td (those ) Tj ET Q q 0 0 0 rg BT 434.73 592.75 Td (investments ) Tj ET Q q 0 0 0 rg BT 492.25 592.75 Td (that ) Tj ET Q q 0 0 0 rg BT 513.10 592.75 Td (were ) Tj ET Q q 0 0 0 rg BT 538.94 592.75 Td (in ) Tj ET Q q 0 0 0 rg BT 550.89 592.75 Td (an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 580.75 Td (unrealized ) Tj ET Q q 0 0 0 rg BT 99.12 580.75 Td (loss ) Tj ET Q q 0 0 0 rg BT 119.88 580.75 Td (position ) Tj ET Q q 0 0 0 rg BT 157.32 580.75 Td (as ) Tj ET Q q 0 0 0 rg BT 170.86 580.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 182.17 580.75 Td (December ) Tj ET Q q 0 0 0 rg BT 231.27 580.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 248.15 580.75 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.40 580.75 Td ( ) Tj ET Q q 0 0 0 rg BT 273.37 580.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 293.03 580.75 Td (March ) Tj ET Q q 0 0 0 rg BT 323.79 580.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 340.67 580.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.91 580.75 Td (, ) Tj ET Q q 0 0 0 rg BT 368.67 580.75 Td (aggregated ) Tj ET Q q 0 0 0 rg BT 422.24 580.75 Td (by ) Tj ET Q q 0 0 0 rg BT 435.78 580.75 Td (investment ) Tj ET Q q 0 0 0 rg BT 487.11 580.75 Td (category ) Tj ET Q q 0 0 0 rg BT 528.44 580.75 Td (and ) Tj ET Q q 0 0 0 rg BT 548.10 580.75 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 568.75 Td (length ) Tj ET Q q 0 0 0 rg BT 80.02 568.75 Td (of ) Tj ET Q q 0 0 0 rg BT 91.14 568.75 Td (time ) Tj ET Q q 0 0 0 rg BT 112.81 568.75 Td (that ) Tj ET Q q 0 0 0 rg BT 132.27 568.75 Td (individual ) Tj ET Q q 0 0 0 rg BT 176.74 568.75 Td (securities ) Tj ET Q q 0 0 0 rg BT 221.76 568.75 Td (have ) Tj ET Q q 0 0 0 rg BT 246.22 568.75 Td (been ) Tj ET Q q 0 0 0 rg BT 271.25 568.75 Td (in ) Tj ET Q q 0 0 0 rg BT 281.81 568.75 Td (a ) Tj ET Q q 0 0 0 rg BT 290.15 568.75 Td (continuous ) Tj ET Q q 0 0 0 rg BT 341.29 568.75 Td (loss ) Tj ET Q q 0 0 0 rg BT 361.86 568.75 Td (position ) Tj ET Q q 0 0 0 rg BT 399.10 568.75 Td (\(in ) Tj ET Q q 0 0 0 rg BT 412.99 568.75 Td (millions\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 505.25 192.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 242.50 505.25 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.50 505.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 296.50 505.25 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 346.50 505.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 505.25 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.50 505.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 505.25 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 454.50 505.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 458.50 505.25 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.50 505.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 512.50 505.25 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 475.25 192.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 242.50 475.25 50.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.50 475.25 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 296.50 475.25 50.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 346.50 475.25 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 475.25 50.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.50 475.25 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 475.25 50.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 454.50 475.25 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 458.50 475.25 50.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.50 475.25 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 512.50 475.25 50.00 -25.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 242.5 537.25 m 292.5 537.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292.5 537.25 m 296.5 537.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296.5 537.25 m 346.5 537.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 537.25 m 350.5 537.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 537.25 m 400.5 537.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 400.5 537.25 m 404.5 537.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 537.25 m 454.5 537.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 537.25 m 458.5 537.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458.5 537.25 m 508.5 537.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508.5 537.25 m 512.5 537.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 537.25 m 562.5 537.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 242.5 525.25 m 292.5 525.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292.5 525.25 m 296.5 525.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296.5 525.25 m 346.5 525.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 525.25 m 400.5 525.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 400.5 525.25 m 404.5 525.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 525.25 m 454.5 525.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458.5 525.25 m 508.5 525.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508.5 525.25 m 512.5 525.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 525.25 m 562.5 525.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 242.5 505.25 m 292.5 505.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296.5 505.25 m 346.5 505.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 505.25 m 400.5 505.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 505.25 m 454.5 505.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458.5 505.25 m 508.5 505.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 505.25 m 562.5 505.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 242.5 505.25 m 292.5 505.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296.5 505.25 m 346.5 505.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 505.25 m 400.5 505.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 505.25 m 454.5 505.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458.5 505.25 m 508.5 505.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 505.25 m 562.5 505.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 242.5 450.25 m 292.5 450.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 242.5 436.25 m 292.5 436.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 242.5 434.25 m 292.5 434.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296.5 450.25 m 346.5 450.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296.5 436.25 m 346.5 436.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296.5 434.25 m 346.5 434.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 450.25 m 400.5 450.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 436.25 m 400.5 436.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 434.25 m 400.5 434.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 450.25 m 454.5 450.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 436.25 m 454.5 436.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 434.25 m 454.5 434.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458.5 450.25 m 508.5 450.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458.5 436.25 m 508.5 436.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458.5 434.25 m 508.5 434.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 450.25 m 562.5 450.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 436.25 m 562.5 436.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 434.25 m 562.5 434.25 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 540.93 Td (? Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 354.85 540.93 Td (As of December 31, 2017) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 528.93 Td (? Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 254.40 528.93 Td (Less than?2 Months) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 361.75 528.93 Td (12 Months or Greater) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 500.70 528.93 Td (T) Tj ET Q q 0 0 0 rg BT 505.29 528.93 Td (otal) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 509.48 Td (? Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 248.10 509.48 Td (Fair V) Tj ET Q q 0 0 0 rg BT 270.11 509.48 Td (alue) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 300.75 516.93 Td (Unrealized) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 311.65 508.93 Td (Loss) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 356.10 509.48 Td (Fair V) Tj ET Q q 0 0 0 rg BT 378.11 509.48 Td (alue) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 408.75 516.93 Td (Unrealized) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 419.65 508.93 Td (Loss) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 464.10 509.48 Td (Fair V) Tj ET Q q 0 0 0 rg BT 486.11 509.48 Td (alue) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 516.75 516.93 Td (Unrealized) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 527.65 508.93 Td (Loss) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 494.87 Td (Government bonds) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 138.05 499.64 Td (\(1\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 245.00 494.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.05 494.92 Td (28,836) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 299.00 494.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.60 494.92 Td (\(21) Tj ET Q q 0 0 0 rg BT 337.05 494.92 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 342.65 494.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.00 494.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.05 494.87 Td (17,660) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.00 494.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.60 494.87 Td (\(195) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.65 494.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.00 494.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.05 494.87 Td (46,496) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.00 494.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.60 494.87 Td (\(406) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 494.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 479.87 Td (Corporate debt securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.05 479.92 Td (18,300) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.60 479.92 Td (\(1) Tj ET Q q 0 0 0 rg BT 331.49 479.92 Td (14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 342.65 479.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.60 479.87 Td (1,710) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.15 479.87 Td (\(21) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.65 479.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.05 479.87 Td (20,010) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.60 479.87 Td (\(135) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 479.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 464.87 Td (Mortgage-backed and asset-backed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 454.87 Td (securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.05 454.92 Td (1) Tj ET Q q 0 0 0 rg BT 263.61 454.92 Td (1,061) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.60 454.92 Td (\(105) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 342.65 454.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.60 454.87 Td (3,449) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.15 454.87 Td (\(75) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.65 454.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.05 454.87 Td (14,510) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.60 454.87 Td (\(180) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 454.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 440.47 Td (T) Tj ET Q q 0 0 0 rg BT 76.00 440.47 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 245.00 439.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.05 439.92 Td (58,197) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 299.00 439.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.60 439.92 Td (\(430) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 342.65 439.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.00 439.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.05 439.87 Td (22,819) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.00 439.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.60 439.87 Td (\(291) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.65 439.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.00 439.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.05 439.87 Td (81,016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.00 439.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.60 439.87 Td (\(721) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 439.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 365.25 192.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 242.50 365.25 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.50 365.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 296.50 365.25 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 346.50 365.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 365.25 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.50 365.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 365.25 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 454.50 365.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 458.50 365.25 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.50 365.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 512.50 365.25 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 335.25 192.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 242.50 335.25 50.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.50 335.25 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 296.50 335.25 50.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 346.50 335.25 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 335.25 50.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.50 335.25 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 335.25 50.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 454.50 335.25 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 458.50 335.25 50.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.50 335.25 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 512.50 335.25 50.00 -25.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 242.5 410.25 m 292.5 410.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292.5 410.25 m 296.5 410.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296.5 410.25 m 346.5 410.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 410.25 m 350.5 410.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 410.25 m 400.5 410.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 400.5 410.25 m 404.5 410.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 410.25 m 454.5 410.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 410.25 m 458.5 410.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458.5 410.25 m 508.5 410.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508.5 410.25 m 512.5 410.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 410.25 m 562.5 410.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 242.5 398.25 m 292.5 398.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292.5 398.25 m 296.5 398.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296.5 398.25 m 346.5 398.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 398.25 m 400.5 398.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 400.5 398.25 m 404.5 398.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 398.25 m 454.5 398.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458.5 398.25 m 508.5 398.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508.5 398.25 m 512.5 398.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 398.25 m 562.5 398.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 242.5 378.25 m 292.5 378.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296.5 378.25 m 346.5 378.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 378.25 m 400.5 378.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 378.25 m 454.5 378.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458.5 378.25 m 508.5 378.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 378.25 m 562.5 378.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 242.5 310.25 m 292.5 310.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 242.5 296.25 m 292.5 296.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 242.5 294.25 m 292.5 294.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296.5 310.25 m 346.5 310.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296.5 296.25 m 346.5 296.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296.5 294.25 m 346.5 294.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 310.25 m 400.5 310.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 296.25 m 400.5 296.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 294.25 m 400.5 294.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 310.25 m 454.5 310.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 296.25 m 454.5 296.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 294.25 m 454.5 294.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458.5 310.25 m 508.5 310.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458.5 296.25 m 508.5 296.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458.5 294.25 m 508.5 294.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 310.25 m 562.5 310.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 296.25 m 562.5 296.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 294.25 m 562.5 294.25 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 413.93 Td (? Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 362.40 413.93 Td (As of March 31, 2018) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 401.93 Td (? Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 254.40 401.93 Td (Less than?2 Months) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 361.75 401.93 Td (12 Months or Greater) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 500.70 401.93 Td (T) Tj ET Q q 0 0 0 rg BT 505.29 401.93 Td (otal) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 382.48 Td (? Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 248.10 382.48 Td (Fair V) Tj ET Q q 0 0 0 rg BT 270.11 382.48 Td (alue) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 300.75 389.93 Td (Unrealized) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 311.65 381.93 Td (Loss) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 356.10 382.48 Td (Fair V) Tj ET Q q 0 0 0 rg BT 378.11 382.48 Td (alue) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 408.75 389.93 Td (Unrealized) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 419.65 381.93 Td (Loss) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 464.10 382.48 Td (Fair V) Tj ET Q q 0 0 0 rg BT 486.11 382.48 Td (alue) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 516.75 389.93 Td (Unrealized) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 527.65 381.93 Td (Loss) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 380.20 369.48 Td (\(unaudited\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 355.47 Td (Government bonds) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 138.05 360.24 Td (\(1\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 245.00 354.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.05 354.92 Td (29,080) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 299.00 354.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.60 354.92 Td (\(358) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 342.65 354.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.00 354.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.05 354.87 Td (15,054) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.00 354.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.60 354.87 Td (\(205) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.65 354.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.00 354.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.05 354.87 Td (44,134) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.00 354.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.60 354.87 Td (\(563) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 354.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 339.87 Td (Corporate debt securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.05 339.92 Td (19,731) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.60 339.92 Td (\(327) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 342.65 339.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.60 339.87 Td (1,653) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.15 339.87 Td (\(34) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.65 339.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.05 339.87 Td (21,384) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.60 339.87 Td (\(361) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 339.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 325.47 Td (Mortgage-backed and asset-backed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 315.47 Td (securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.05 314.92 Td (1) Tj ET Q q 0 0 0 rg BT 263.61 314.92 Td (1,108) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.60 314.92 Td (\(230) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 342.65 314.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.60 314.87 Td (3,242) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.60 314.87 Td (\(1) Tj ET Q q 0 0 0 rg BT 439.49 314.87 Td (18) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.65 314.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.05 314.87 Td (14,350) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.60 314.87 Td (\(348) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 314.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 300.47 Td (T) Tj ET Q q 0 0 0 rg BT 76.00 300.47 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 245.00 299.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.05 299.92 Td (59,919) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 299.00 299.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.60 299.92 Td (\(915) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 342.65 299.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.00 299.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.05 299.87 Td (19,949) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.00 299.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.60 299.87 Td (\(357) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.65 299.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.00 299.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.05 299.87 Td (79,868) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.00 299.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.25 299.87 Td (\(1,272) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 299.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 50.00 282.52 Td (\(1\) ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 72.50 277.75 Td (Government ) Tj ET Q q 0 0 0 rg BT 124.77 277.75 Td (bonds ) Tj ET Q q 0 0 0 rg BT 152.05 277.75 Td (is ) Tj ET Q q 0 0 0 rg BT 161.30 277.75 Td (comprised ) Tj ET Q q 0 0 0 rg BT 205.56 277.75 Td (primarily ) Tj ET Q q 0 0 0 rg BT 242.31 277.75 Td (of U.S. ) Tj ET Q q 0 0 0 rg BT 272.57 277.75 Td (government ) Tj ET Q q 0 0 0 rg BT 322.85 277.75 Td (notes, and ) Tj ET Q q 0 0 0 rg BT 367.64 277.75 Td (also ) Tj ET Q q 0 0 0 rg BT 386.90 277.75 Td (includes ) Tj ET Q q 0 0 0 rg BT 422.67 277.75 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 442.92 277.75 Td (government ) Tj ET Q q 0 0 0 rg BT 493.20 277.75 Td (agencies, ) Tj ET Q q 0 0 0 rg BT 534.48 277.75 Td (foreign ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 72.50 265.75 Td (government ) Tj ET Q q 0 0 0 rg BT 122.53 265.75 Td (bonds ) Tj ET Q q 0 0 0 rg BT 149.55 265.75 Td (and municipal ) Tj ET Q q 0 0 0 rg BT 207.58 265.75 Td (securities.?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 253.10 265.75 Td (? Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 244.75 Td (During ) Tj ET Q q 0 0 0 rg BT 105.97 244.75 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 123.89 244.75 Td (three ) Tj ET Q q 0 0 0 rg BT 150.69 244.75 Td (months ) Tj ET Q q 0 0 0 rg BT 187.50 244.75 Td (ended ) Tj ET Q q 0 0 0 rg BT 219.32 244.75 Td (March ) Tj ET Q q 0 0 0 rg BT 251.12 244.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 269.04 244.75 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 291.28 244.75 Td ( ) Tj ET Q q 0 0 0 rg BT 295.30 244.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 316.00 244.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 338.24 244.75 Td (, ) Tj ET Q q 0 0 0 rg BT 345.03 244.75 Td (we ) Tj ET Q q 0 0 0 rg BT 361.83 244.75 Td (did ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.19 244.75 Td (no) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.31 244.75 Td (t ) Tj ET Q q 0 0 0 rg BT 397.11 244.75 Td (recognize ) Tj ET Q q 0 0 0 rg BT 444.48 244.75 Td (any ) Tj ET Q q 0 0 0 rg BT 464.62 244.75 Td (significant ) Tj ET Q q 0 0 0 rg BT 513.10 244.75 Td (other-than-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 232.75 Td (temporary ) Tj ET Q q 0 0 0 rg BT 97.62 232.75 Td (impairment ) Tj ET Q q 0 0 0 rg BT 149.69 232.75 Td (losses. ) Tj ET Q q 0 0 0 rg BT 183.43 232.75 Td (Losses ) Tj ET Q q 0 0 0 rg BT 217.72 232.75 Td (on ) Tj ET Q q 0 0 0 rg BT 231.45 232.75 Td (impairment ) Tj ET Q q 0 0 0 rg BT 283.52 232.75 Td (are ) Tj ET Q q 0 0 0 rg BT 300.58 232.75 Td (included ) Tj ET Q q 0 0 0 rg BT 340.44 232.75 Td (as ) Tj ET Q q 0 0 0 rg BT 353.62 232.75 Td (a ) Tj ET Q q 0 0 0 rg BT 361.79 232.75 Td (component ) Tj ET Q q 0 0 0 rg BT 413.87 232.75 Td (of ) Tj ET Q q 0 0 0 rg BT 424.82 232.75 Td (other ) Tj ET Q q 0 0 0 rg BT 450.23 232.75 Td (income ) Tj ET Q q 0 0 0 rg BT 485.07 232.75 Td (\(expense\), ) Tj ET Q q 0 0 0 rg BT 534.93 232.75 Td (net, ) Tj ET Q q 0 0 0 rg BT 554.22 232.75 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 220.75 Td (the ) Tj ET Q q 0 0 0 rg BT 66.68 220.75 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 127.83 220.75 Td (Statements ) Tj ET Q q 0 0 0 rg BT 181.19 220.75 Td (of ) Tj ET Q q 0 0 0 rg BT 192.31 220.75 Td (Income. ) Tj ET Q q 0 0 0 rg BT 230.66 220.75 Td (See Note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 275.13 220.75 Td (6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 280.69 220.75 Td ( for ) Tj ET Q q 0 0 0 rg BT 297.92 220.75 Td (further ) Tj ET Q q 0 0 0 rg BT 329.60 220.75 Td (details ) Tj ET Q q 0 0 0 rg BT 361.28 220.75 Td (on ) Tj ET Q q 0 0 0 rg BT 375.19 220.75 Td (other ) Tj ET Q q 0 0 0 rg BT 400.76 220.75 Td (income ) Tj ET Q q 0 0 0 rg BT 435.77 220.75 Td (\(expense\), ) Tj ET Q q 0 0 0 rg BT 485.80 220.75 Td (net.) Tj ET Q endstream endobj 31 0 obj <>] /Rotate 0 /Contents 32 0 R>> endobj 32 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 53 767.1939453125 m 130.8271484375 767.1939453125 l s q 0 0 1 rg BT 53.00 768.62 Td (T) Tj ET Q q 0 0 1 rg BT 58.00 768.62 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.396078431372549 0.396078431372549 0.396078431372549 rg BT 494.20 768.62 Td (Alphabet Inc.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.40 31.25 Td (13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 741.75 Td (The ) Tj ET Q q 0 0 0 rg BT 92.81 741.75 Td (following ) Tj ET Q q 0 0 0 rg BT 134.80 741.75 Td (table ) Tj ET Q q 0 0 0 rg BT 159.57 741.75 Td (presents ) Tj ET Q q 0 0 0 rg BT 201.01 741.75 Td (a ) Tj ET Q q 0 0 0 rg BT 209.65 741.75 Td (reconciliation ) Tj ET Q q 0 0 0 rg BT 271.09 741.75 Td (for ) Tj ET Q q 0 0 0 rg BT 285.84 741.75 Td (our ) Tj ET Q q 0 0 0 rg BT 303.38 741.75 Td (non-marketable ) Tj ET Q q 0 0 0 rg BT 375.94 741.75 Td (debt ) Tj ET Q q 0 0 0 rg BT 398.49 741.75 Td (securities ) Tj ET Q q 0 0 0 rg BT 443.80 741.75 Td (measured ) Tj ET Q q 0 0 0 rg BT 491.35 741.75 Td (and ) Tj ET Q q 0 0 0 rg BT 511.12 741.75 Td (recorded ) Tj ET Q q 0 0 0 rg BT 553.67 741.75 Td (at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 729.75 Td (fair ) Tj ET Q q 0 0 0 rg BT 66.67 729.75 Td (value ) Tj ET Q q 0 0 0 rg BT 93.35 729.75 Td (on ) Tj ET Q q 0 0 0 rg BT 107.26 729.75 Td (a ) Tj ET Q q 0 0 0 rg BT 115.60 729.75 Td (recurring ) Tj ET Q q 0 0 0 rg BT 157.83 729.75 Td (basis, ) Tj ET Q q 0 0 0 rg BT 186.73 729.75 Td (using ) Tj ET Q q 0 0 0 rg BT 213.42 729.75 Td (significant ) Tj ET Q q 0 0 0 rg BT 260.66 729.75 Td (unobservable ) Tj ET Q q 0 0 0 rg BT 323.49 729.75 Td (inputs ) Tj ET Q q 0 0 0 rg BT 352.95 729.75 Td (\(Level ) Tj ET Q q 0 0 0 rg BT 382.96 729.75 Td (3\) ) Tj ET Q q 0 0 0 rg BT 394.63 729.75 Td (\(in ) Tj ET Q q 0 0 0 rg BT 408.53 729.75 Td (millions, ) Tj ET Q q 0 0 0 rg BT 447.42 729.75 Td (unaudited\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 674.25 388.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 674.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 674.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 674.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 644.25 388.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 644.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 644.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 644.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 614.25 388.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 614.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 614.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 614.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 584.25 388.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 584.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 584.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 584.25 60.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 687.25 m 498.5 687.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 687.25 m 502.5 687.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 687.25 m 562.5 687.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 687.25 m 498.5 687.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 674.25 m 498.5 674.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 687.25 m 502.5 687.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 687.25 m 562.5 687.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 674.25 m 562.5 674.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 674.25 m 498.5 674.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 674.25 m 562.5 674.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 569.25 m 498.5 569.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 555.25 m 498.5 555.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 553.25 m 498.5 553.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 569.25 m 562.5 569.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 555.25 m 562.5 555.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 553.25 m 562.5 553.25 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 460.40 704.48 Td (Three Months Ended) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 481.50 691.48 Td (March 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 459.10 678.48 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 523.10 678.48 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 663.87 Td (Beginning balance) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.00 663.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.60 663.87 Td (1,165) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.00 663.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.60 663.87 Td (1,894) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 648.87 Td (T) Tj ET Q q 0 0 0 rg BT 58.00 648.87 Td (otal net gains \(losses\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 633.87 Td ( Included in earnings) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.05 633.87 Td (0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 633.87 Td (\(21) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 633.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 618.87 Td ( Included in other comprehensive income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.50 618.87 Td (65) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.95 618.87 Td (393) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 603.87 Td (Purchases) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.50 603.87 Td (64) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.05 603.87 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 588.87 Td (Sales) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.75 588.87 Td (\(1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.65 588.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.05 588.87 Td (0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 573.87 Td (Settlements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.75 573.87 Td (\(3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.65 573.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 573.87 Td (\(34) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 573.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 558.87 Td (Ending balance) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.00 558.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.60 558.87 Td (1,290) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.00 558.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.60 558.87 Td (2,234) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 536.75 Td (Equity ) Tj ET Q q 0 0 0 rg BT 83.33 536.75 Td (Investments) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 72.50 518.75 Td (Marketable ) Tj ET Q q 0 0 0 rg BT 127.52 518.75 Td (equity ) Tj ET Q q 0 0 0 rg BT 159.75 518.75 Td (securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 500.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 91.86 500.75 Td (marketable ) Tj ET Q q 0 0 0 rg BT 144.03 500.75 Td (equity ) Tj ET Q q 0 0 0 rg BT 173.41 500.75 Td (securities ) Tj ET Q q 0 0 0 rg BT 218.34 500.75 Td (are ) Tj ET Q q 0 0 0 rg BT 235.48 500.75 Td (publicly ) Tj ET Q q 0 0 0 rg BT 271.53 500.75 Td (traded ) Tj ET Q q 0 0 0 rg BT 302.58 500.75 Td (stocks ) Tj ET Q q 0 0 0 rg BT 333.61 500.75 Td (or ) Tj ET Q q 0 0 0 rg BT 345.20 500.75 Td (funds ) Tj ET Q q 0 0 0 rg BT 372.35 500.75 Td (measured ) Tj ET Q q 0 0 0 rg BT 419.52 500.75 Td (at ) Tj ET Q q 0 0 0 rg BT 430.55 500.75 Td (fair ) Tj ET Q q 0 0 0 rg BT 447.14 500.75 Td (value ) Tj ET Q q 0 0 0 rg BT 473.74 500.75 Td (and ) Tj ET Q q 0 0 0 rg BT 493.12 500.75 Td (classified ) Tj ET Q q 0 0 0 rg BT 536.94 500.75 Td (within ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 488.75 Td (Level ) Tj ET Q q 0 0 0 rg BT 76.47 488.75 Td (1 ) Tj ET Q q 0 0 0 rg BT 84.60 488.75 Td (and ) Tj ET Q q 0 0 0 rg BT 103.85 488.75 Td (2 ) Tj ET Q q 0 0 0 rg BT 111.98 488.75 Td (in ) Tj ET Q q 0 0 0 rg BT 122.33 488.75 Td (the ) Tj ET Q q 0 0 0 rg BT 138.80 488.75 Td (fair ) Tj ET Q q 0 0 0 rg BT 155.26 488.75 Td (value ) Tj ET Q q 0 0 0 rg BT 181.73 488.75 Td (hierarchy ) Tj ET Q q 0 0 0 rg BT 225.43 488.75 Td (because ) Tj ET Q q 0 0 0 rg BT 265.80 488.75 Td (we ) Tj ET Q q 0 0 0 rg BT 281.15 488.75 Td (use ) Tj ET Q q 0 0 0 rg BT 299.84 488.75 Td (quoted ) Tj ET Q q 0 0 0 rg BT 332.99 488.75 Td (prices ) Tj ET Q q 0 0 0 rg BT 362.24 488.75 Td (for ) Tj ET Q q 0 0 0 rg BT 376.47 488.75 Td (identical ) Tj ET Q q 0 0 0 rg BT 415.73 488.75 Td (assets ) Tj ET Q q 0 0 0 rg BT 447.20 488.75 Td (in ) Tj ET Q q 0 0 0 rg BT 457.55 488.75 Td (active ) Tj ET Q q 0 0 0 rg BT 486.24 488.75 Td (markets ) Tj ET Q q 0 0 0 rg BT 524.37 488.75 Td (or ) Tj ET Q q 0 0 0 rg BT 535.82 488.75 Td (inputs ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 476.75 Td (that ) Tj ET Q q 0 0 0 rg BT 69.46 476.75 Td (are ) Tj ET Q q 0 0 0 rg BT 86.69 476.75 Td (based ) Tj ET Q q 0 0 0 rg BT 116.71 476.75 Td (upon ) Tj ET Q q 0 0 0 rg BT 141.74 476.75 Td (quoted ) Tj ET Q q 0 0 0 rg BT 175.10 476.75 Td (prices ) Tj ET Q q 0 0 0 rg BT 204.56 476.75 Td (for ) Tj ET Q q 0 0 0 rg BT 219.00 476.75 Td (similar ) Tj ET Q q 0 0 0 rg BT 250.67 476.75 Td (instruments ) Tj ET Q q 0 0 0 rg BT 305.13 476.75 Td (in ) Tj ET Q q 0 0 0 rg BT 315.69 476.75 Td (active ) Tj ET Q q 0 0 0 rg BT 344.59 476.75 Td (markets.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 458.75 Td (Prior ) Tj ET Q q 0 0 0 rg BT 97.34 458.75 Td (to ) Tj ET Q q 0 0 0 rg BT 109.40 458.75 Td (January ) Tj ET Q q 0 0 0 rg BT 148.70 458.75 Td (1, ) Tj ET Q q 0 0 0 rg BT 160.76 458.75 Td (2018, ) Tj ET Q q 0 0 0 rg BT 189.51 458.75 Td (we ) Tj ET Q q 0 0 0 rg BT 206.01 458.75 Td (accounted ) Tj ET Q q 0 0 0 rg BT 255.88 458.75 Td (for ) Tj ET Q q 0 0 0 rg BT 271.28 458.75 Td (the ) Tj ET Q q 0 0 0 rg BT 288.90 458.75 Td (majority ) Tj ET Q q 0 0 0 rg BT 327.63 458.75 Td (of ) Tj ET Q q 0 0 0 rg BT 339.69 458.75 Td (our ) Tj ET Q q 0 0 0 rg BT 357.87 458.75 Td (marketable ) Tj ET Q q 0 0 0 rg BT 411.06 458.75 Td (equity ) Tj ET Q q 0 0 0 rg BT 441.46 458.75 Td (securities ) Tj ET Q q 0 0 0 rg BT 487.42 458.75 Td (at ) Tj ET Q q 0 0 0 rg BT 499.48 458.75 Td (fair ) Tj ET Q q 0 0 0 rg BT 517.10 458.75 Td (value ) Tj ET Q q 0 0 0 rg BT 544.73 458.75 Td (with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 446.75 Td (unrealized ) Tj ET Q q 0 0 0 rg BT 98.64 446.75 Td (gains ) Tj ET Q q 0 0 0 rg BT 125.05 446.75 Td (and ) Tj ET Q q 0 0 0 rg BT 144.23 446.75 Td (losses ) Tj ET Q q 0 0 0 rg BT 175.07 446.75 Td (recognized ) Tj ET Q q 0 0 0 rg BT 226.49 446.75 Td (in ) Tj ET Q q 0 0 0 rg BT 236.78 446.75 Td (accumulated ) Tj ET Q q 0 0 0 rg BT 295.97 446.75 Td (other ) Tj ET Q q 0 0 0 rg BT 321.27 446.75 Td (comprehensive ) Tj ET Q q 0 0 0 rg BT 391.58 446.75 Td (income ) Tj ET Q q 0 0 0 rg BT 426.31 446.75 Td (on ) Tj ET Q q 0 0 0 rg BT 439.94 446.75 Td (the ) Tj ET Q q 0 0 0 rg BT 456.34 446.75 Td (balance ) Tj ET Q q 0 0 0 rg BT 493.86 446.75 Td (sheet. ) Tj ET Q q 0 0 0 rg BT 523.60 446.75 Td (Realized ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 434.75 Td (gains ) Tj ET Q q 0 0 0 rg BT 76.68 434.75 Td (and ) Tj ET Q q 0 0 0 rg BT 96.15 434.75 Td (losses ) Tj ET Q q 0 0 0 rg BT 127.27 434.75 Td (on ) Tj ET Q q 0 0 0 rg BT 141.17 434.75 Td (marketable ) Tj ET Q q 0 0 0 rg BT 193.42 434.75 Td (equity ) Tj ET Q q 0 0 0 rg BT 222.88 434.75 Td (securities ) Tj ET Q q 0 0 0 rg BT 267.90 434.75 Td (sold ) Tj ET Q q 0 0 0 rg BT 289.02 434.75 Td (or ) Tj ET Q q 0 0 0 rg BT 300.69 434.75 Td (impaired ) Tj ET Q q 0 0 0 rg BT 341.82 434.75 Td (were ) Tj ET Q q 0 0 0 rg BT 366.27 434.75 Td (recognized ) Tj ET Q q 0 0 0 rg BT 417.97 434.75 Td (in ) Tj ET Q q 0 0 0 rg BT 428.53 434.75 Td (other ) Tj ET Q q 0 0 0 rg BT 454.10 434.75 Td (income ) Tj ET Q q 0 0 0 rg BT 489.12 434.75 Td (\(expense\), ) Tj ET Q q 0 0 0 rg BT 539.14 434.75 Td (net.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 416.75 Td (On ) Tj ET Q q 0 0 0 rg BT 87.34 416.75 Td (January ) Tj ET Q q 0 0 0 rg BT 124.42 416.75 Td (1, ) Tj ET Q q 0 0 0 rg BT 134.27 416.75 Td (2018, ) Tj ET Q q 0 0 0 rg BT 160.80 416.75 Td (we ) Tj ET Q q 0 0 0 rg BT 175.09 416.75 Td (adopted ) Tj ET Q q 0 0 0 rg BT 212.44 416.75 Td (ASU ) Tj ET Q q 0 0 0 rg BT 234.50 416.75 Td (2016-01 ) Tj ET Q q 0 0 0 rg BT 272.71 416.75 Td (which ) Tj ET Q q 0 0 0 rg BT 299.78 416.75 Td (changed ) Tj ET Q q 0 0 0 rg BT 339.65 416.75 Td (the ) Tj ET Q q 0 0 0 rg BT 355.06 416.75 Td (way ) Tj ET Q q 0 0 0 rg BT 374.35 416.75 Td (we ) Tj ET Q q 0 0 0 rg BT 388.63 416.75 Td (account ) Tj ET Q q 0 0 0 rg BT 425.16 416.75 Td (for ) Tj ET Q q 0 0 0 rg BT 438.34 416.75 Td (marketable ) Tj ET Q q 0 0 0 rg BT 489.31 416.75 Td (equity ) Tj ET Q q 0 0 0 rg BT 517.50 416.75 Td (securities. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 404.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 69.12 404.75 Td (marketable ) Tj ET Q q 0 0 0 rg BT 121.04 404.75 Td (equity ) Tj ET Q q 0 0 0 rg BT 150.18 404.75 Td (securities ) Tj ET Q q 0 0 0 rg BT 194.86 404.75 Td (are ) Tj ET Q q 0 0 0 rg BT 211.77 404.75 Td (measured ) Tj ET Q q 0 0 0 rg BT 258.69 404.75 Td (at ) Tj ET Q q 0 0 0 rg BT 269.48 404.75 Td (fair ) Tj ET Q q 0 0 0 rg BT 285.82 404.75 Td (value ) Tj ET Q q 0 0 0 rg BT 312.18 404.75 Td (and ) Tj ET Q q 0 0 0 rg BT 331.31 404.75 Td (starting ) Tj ET Q q 0 0 0 rg BT 366.56 404.75 Td (January ) Tj ET Q q 0 0 0 rg BT 404.58 404.75 Td (1, ) Tj ET Q q 0 0 0 rg BT 415.38 404.75 Td (2018 ) Tj ET Q q 0 0 0 rg BT 440.07 404.75 Td (unrealized ) Tj ET Q q 0 0 0 rg BT 488.67 404.75 Td (gains ) Tj ET Q q 0 0 0 rg BT 515.02 404.75 Td (and ) Tj ET Q q 0 0 0 rg BT 534.16 404.75 Td (losses ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 392.75 Td (are ) Tj ET Q q 0 0 0 rg BT 66.51 392.75 Td (recognized ) Tj ET Q q 0 0 0 rg BT 117.49 392.75 Td (in ) Tj ET Q q 0 0 0 rg BT 127.33 392.75 Td (other ) Tj ET Q q 0 0 0 rg BT 152.18 392.75 Td (income ) Tj ET Q q 0 0 0 rg BT 186.48 392.75 Td (\(expense\), ) Tj ET Q q 0 0 0 rg BT 235.78 392.75 Td (net. ) Tj ET Q q 0 0 0 rg BT 254.52 392.75 Td (Upon ) Tj ET Q q 0 0 0 rg BT 280.48 392.75 Td (adoption, ) Tj ET Q q 0 0 0 rg BT 323.69 392.75 Td (we ) Tj ET Q q 0 0 0 rg BT 338.53 392.75 Td (reclassified ) Tj ET Q q 0 0 0 rg BT 390.61 392.75 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.67 392.75 Td ($98 ) Tj ET Q q 0 0 0 rg BT 411.41 392.75 Td (million) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 1 0 0 rg BT 439.75 392.75 Td ( ) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 441.81 392.75 Td (net ) Tj ET Q q 0 0 0 rg BT 457.77 392.75 Td (unrealized ) Tj ET Q q 0 0 0 rg BT 505.97 392.75 Td (gains ) Tj ET Q q 0 0 0 rg BT 531.93 392.75 Td (related ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 380.75 Td (to ) Tj ET Q q 0 0 0 rg BT 61.12 380.75 Td (marketable ) Tj ET Q q 0 0 0 rg BT 113.36 380.75 Td (equity ) Tj ET Q q 0 0 0 rg BT 142.83 380.75 Td (securities ) Tj ET Q q 0 0 0 rg BT 187.84 380.75 Td (from ) Tj ET Q q 0 0 0 rg BT 210.62 380.75 Td (accumulated ) Tj ET Q q 0 0 0 rg BT 270.10 380.75 Td (other ) Tj ET Q q 0 0 0 rg BT 295.67 380.75 Td (comprehensive ) Tj ET Q q 0 0 0 rg BT 366.26 380.75 Td (income ) Tj ET Q q 0 0 0 rg BT 401.27 380.75 Td (to ) Tj ET Q q 0 0 0 rg BT 412.39 380.75 Td (opening ) Tj ET Q q 0 0 0 rg BT 450.76 380.75 Td (retained ) Tj ET Q q 0 0 0 rg BT 489.68 380.75 Td (earnings.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 362.75 Td (The ) Tj ET Q q 0 0 0 rg BT 93.26 362.75 Td (following ) Tj ET Q q 0 0 0 rg BT 135.71 362.75 Td (table ) Tj ET Q q 0 0 0 rg BT 160.92 362.75 Td (summarizes ) Tj ET Q q 0 0 0 rg BT 218.35 362.75 Td (marketable ) Tj ET Q q 0 0 0 rg BT 271.35 362.75 Td (equity ) Tj ET Q q 0 0 0 rg BT 301.56 362.75 Td (securities ) Tj ET Q q 0 0 0 rg BT 347.33 362.75 Td (measured ) Tj ET Q q 0 0 0 rg BT 395.33 362.75 Td (at ) Tj ET Q q 0 0 0 rg BT 407.20 362.75 Td (fair ) Tj ET Q q 0 0 0 rg BT 424.62 362.75 Td (value ) Tj ET Q q 0 0 0 rg BT 452.06 362.75 Td (by ) Tj ET Q q 0 0 0 rg BT 466.15 362.75 Td (significant ) Tj ET Q q 0 0 0 rg BT 514.15 362.75 Td (investment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 350.75 Td (categories ) Tj ET Q q 0 0 0 rg BT 98.92 350.75 Td (as ) Tj ET Q q 0 0 0 rg BT 112.26 350.75 Td (of ) Tj ET Q q 0 0 0 rg BT 123.37 350.75 Td (December ) Tj ET Q q 0 0 0 rg BT 172.28 350.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 188.96 350.75 Td (2017 ) Tj ET Q q 0 0 0 rg BT 213.98 350.75 Td (and ) Tj ET Q q 0 0 0 rg BT 233.45 350.75 Td (March ) Tj ET Q q 0 0 0 rg BT 264.01 350.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 280.69 350.75 Td (2018 ) Tj ET Q q 0 0 0 rg BT 305.71 350.75 Td (\(in ) Tj ET Q q 0 0 0 rg BT 319.60 350.75 Td (millions\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 293.25 305.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 293.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 293.25 100.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 459.50 293.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.50 293.25 100.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 265.25 305.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 265.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 265.25 100.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 459.50 265.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.50 265.25 100.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 237.25 305.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 237.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 237.25 100.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 459.50 237.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.50 237.25 100.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 209.25 305.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 209.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 209.25 100.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 459.50 209.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.50 209.25 100.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 322.25 m 459.5 322.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459.5 322.25 m 463.5 322.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463.5 322.25 m 563.5 322.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 293.25 m 459.5 293.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463.5 293.25 m 563.5 293.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 293.25 m 459.5 293.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463.5 293.25 m 563.5 293.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 251.25 m 459.5 251.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463.5 251.25 m 563.5 251.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 251.25 m 459.5 251.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463.5 251.25 m 563.5 251.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 195.25 m 459.5 195.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 182.25 m 459.5 182.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 180.25 m 459.5 180.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463.5 195.25 m 563.5 195.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463.5 182.25 m 563.5 182.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463.5 180.25 m 563.5 180.25 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 325.93 Td (? Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 413.85 325.93 Td (As of December 31, 2017) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 297.48 Td (? Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 390.95 313.48 Td (Cash and) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 399.20 305.48 Td (Cash) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 386.50 297.48 Td (Equivalents) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 492.10 305.48 Td (Marketable) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 493.85 297.48 Td (Securities) Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 53 282.0439453125 m 88.0244140625 282.0439453125 l s q 0 0 0 rg BT 53.00 283.47 Td (Level 1:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 269.47 Td (Money market and other funds) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.00 269.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.60 269.47 Td (1,833) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.00 269.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 554.05 269.47 Td (0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 255.47 Td (Marketable equity securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.05 255.47 Td (0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.95 255.47 Td (340) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.60 241.47 Td (1,833) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.95 241.47 Td (340) Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 53 226.0439453125 m 88.0244140625 226.0439453125 l s q 0 0 0 rg BT 53.00 227.47 Td (Level 2:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 213.47 Td (Mutual funds) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 110.26 218.24 Td (\(1\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.05 213.47 Td (0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.95 213.47 Td (252) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 185.47 Td (T) Tj ET Q q 0 0 0 rg BT 76.00 185.47 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.00 185.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.60 185.47 Td (1,833) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.00 185.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.95 185.47 Td (592) Tj ET Q BT /F1 10.00 Tf ET BT /F1 9.00 Tf ET BT /F1 5.85 Tf ET q 0 0 0 rg BT 50.00 175.24 Td (\(1\) ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 72.50 170.95 Td (The ) Tj ET Q q 0 0 0 rg BT 90.51 170.95 Td (fair ) Tj ET Q q 0 0 0 rg BT 105.51 170.95 Td (value ) Tj ET Q q 0 0 0 rg BT 129.53 170.95 Td (option ) Tj ET Q q 0 0 0 rg BT 156.55 170.95 Td (was ) Tj ET Q q 0 0 0 rg BT 175.06 170.95 Td (elected ) Tj ET Q q 0 0 0 rg BT 206.58 170.95 Td (for ) Tj ET Q q 0 0 0 rg BT 219.58 170.95 Td (mutual ) Tj ET Q q 0 0 0 rg BT 249.09 170.95 Td (funds ) Tj ET Q q 0 0 0 rg BT 273.61 170.95 Td (with ) Tj ET Q q 0 0 0 rg BT 292.12 170.95 Td (gains ) Tj ET Q q 0 0 0 rg BT 316.13 170.95 Td (\(losses\) ) Tj ET Q q 0 0 0 rg BT 350.14 170.95 Td (recognized ) Tj ET Q q 0 0 0 rg BT 396.67 170.95 Td (in ) Tj ET Q q 0 0 0 rg BT 406.17 170.95 Td (other ) Tj ET Q q 0 0 0 rg BT 429.19 170.95 Td (income ) Tj ET Q q 0 0 0 rg BT 460.70 170.95 Td (\(expense\), ) Tj ET Q q 0 0 0 rg BT 505.72 170.95 Td (net.) Tj ET Q endstream endobj 33 0 obj <>] /Rotate 0 /Contents 34 0 R>> endobj 34 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 53 767.1939453125 m 130.8271484375 767.1939453125 l s q 0 0 1 rg BT 53.00 768.62 Td (T) Tj ET Q q 0 0 1 rg BT 58.00 768.62 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.396078431372549 0.396078431372549 0.396078431372549 rg BT 494.20 768.62 Td (Alphabet Inc.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.40 31.25 Td (14) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 701.50 305.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 701.50 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 701.50 100.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 459.50 701.50 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.50 701.50 100.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 673.50 305.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 673.50 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 673.50 100.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 459.50 673.50 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.50 673.50 100.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 645.50 305.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 645.50 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 645.50 100.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 459.50 645.50 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.50 645.50 100.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 617.50 305.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 617.50 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 617.50 100.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 459.50 617.50 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.50 617.50 100.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 736.5 m 459.5 736.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459.5 736.5 m 463.5 736.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463.5 736.5 m 563.5 736.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 722.5 m 459.5 722.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463.5 722.5 m 563.5 722.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 701.5 m 459.5 701.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463.5 701.5 m 563.5 701.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 659.5 m 459.5 659.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463.5 659.5 m 563.5 659.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 659.5 m 459.5 659.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463.5 659.5 m 563.5 659.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 603.5 m 459.5 603.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 590.5 m 459.5 590.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 588.5 m 459.5 588.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463.5 603.5 m 563.5 603.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463.5 590.5 m 563.5 590.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463.5 588.5 m 563.5 588.5 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 740.18 Td (? 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Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 524.00 Td (Prior ) Tj ET Q q 0 0 0 rg BT 95.65 524.00 Td (to ) Tj ET Q q 0 0 0 rg BT 106.02 524.00 Td (January ) Tj ET Q q 0 0 0 rg BT 143.63 524.00 Td (1, ) Tj ET Q q 0 0 0 rg BT 154.00 524.00 Td (2018, ) Tj ET Q q 0 0 0 rg BT 181.06 524.00 Td (we ) Tj ET Q q 0 0 0 rg BT 195.88 524.00 Td (accounted ) Tj ET Q q 0 0 0 rg BT 244.06 524.00 Td (for ) Tj ET Q q 0 0 0 rg BT 257.76 524.00 Td (our ) Tj ET Q q 0 0 0 rg BT 274.25 524.00 Td (non-marketable ) Tj ET Q q 0 0 0 rg BT 345.77 524.00 Td (equity ) Tj ET Q q 0 0 0 rg BT 374.48 524.00 Td (securities ) Tj ET Q q 0 0 0 rg BT 418.75 524.00 Td (at ) Tj ET Q q 0 0 0 rg BT 429.13 524.00 Td (cost ) Tj ET Q q 0 0 0 rg BT 449.50 524.00 Td (less ) Tj ET Q q 0 0 0 rg BT 469.32 524.00 Td (impairment. ) Tj ET Q q 0 0 0 rg BT 523.59 524.00 Td (Realized ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 512.00 Td (gains ) Tj ET Q q 0 0 0 rg BT 76.65 512.00 Td (and ) Tj ET Q q 0 0 0 rg BT 96.08 512.00 Td 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rg BT 147.97 500.00 Td (, ) Tj ET Q q 0 0 0 rg BT 153.19 500.00 Td (non-marketable ) Tj ET Q q 0 0 0 rg BT 225.13 500.00 Td (equity ) Tj ET Q q 0 0 0 rg BT 254.26 500.00 Td (securities ) Tj ET Q q 0 0 0 rg BT 298.95 500.00 Td (accounted ) Tj ET Q q 0 0 0 rg BT 347.55 500.00 Td (for ) Tj ET Q q 0 0 0 rg BT 361.67 500.00 Td (under ) Tj ET Q q 0 0 0 rg BT 389.69 500.00 Td (the ) Tj ET Q q 0 0 0 rg BT 406.04 500.00 Td (cost ) Tj ET Q q 0 0 0 rg BT 426.83 500.00 Td (method ) Tj ET Q q 0 0 0 rg BT 462.64 500.00 Td (had ) Tj ET Q q 0 0 0 rg BT 481.77 500.00 Td (a ) Tj ET Q q 0 0 0 rg BT 489.79 500.00 Td (carrying ) Tj ET Q q 0 0 0 rg BT 527.80 500.00 Td (value ) Tj ET Q q 0 0 0 rg BT 554.16 500.00 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 488.00 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 55.56 488.00 Td (4.5 ) Tj ET Q q 0 0 0 rg BT 72.24 488.00 Td (billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 97.81 488.00 Td ( ) Tj ET Q q 0 0 0 rg BT 100.59 488.00 Td (and ) Tj ET Q q 0 0 0 rg BT 120.05 488.00 Td (a ) Tj ET Q q 0 0 0 rg BT 128.39 488.00 Td (fair ) Tj ET Q q 0 0 0 rg BT 145.06 488.00 Td (value ) Tj ET Q q 0 0 0 rg BT 171.75 488.00 Td (of ) Tj ET Q q 0 0 0 rg BT 182.87 488.00 Td (approximately ) Tj ET Q q 0 0 0 rg BT 247.90 488.00 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 253.46 488.00 Td (8.8 ) Tj ET Q q 0 0 0 rg BT 270.14 488.00 Td (billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.71 488.00 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 470.00 Td (On ) Tj ET Q q 0 0 0 rg BT 87.86 470.00 Td (January ) Tj ET Q q 0 0 0 rg BT 125.46 470.00 Td (1, ) Tj ET Q q 0 0 0 rg BT 135.82 470.00 Td (2018, ) Tj ET Q q 0 0 0 rg BT 162.87 470.00 Td (we ) Tj ET Q q 0 0 0 rg BT 177.67 470.00 Td (adopted ) Tj ET Q q 0 0 0 rg BT 215.44 470.00 Td (ASU ) Tj ET Q q 0 0 0 rg BT 238.02 470.00 Td (2016-01 ) Tj ET Q q 0 0 0 rg BT 276.74 470.00 Td (which ) Tj ET Q q 0 0 0 rg BT 304.33 470.00 Td (changed ) Tj ET Q q 0 0 0 rg BT 344.72 470.00 Td (the ) Tj ET Q q 0 0 0 rg BT 360.64 470.00 Td (way ) Tj ET Q q 0 0 0 rg BT 380.45 470.00 Td (we ) Tj ET Q q 0 0 0 rg BT 395.25 470.00 Td (account ) Tj ET Q q 0 0 0 rg BT 432.30 470.00 Td (for ) Tj ET Q q 0 0 0 rg BT 445.99 470.00 Td (non-marketable ) Tj ET Q q 0 0 0 rg BT 517.49 470.00 Td (securities. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 458.00 Td (W) Tj ET Q q 0 0 0 rg BT 59.26 458.00 Td (e ) Tj ET Q q 0 0 0 rg BT 67.75 458.00 Td (now ) Tj ET Q q 0 0 0 rg BT 89.02 458.00 Td (adjust ) Tj ET Q q 0 0 0 rg BT 118.63 458.00 Td (the ) Tj ET Q q 0 0 0 rg BT 135.46 458.00 Td (carrying ) Tj ET Q q 0 0 0 rg BT 173.96 458.00 Td (value ) Tj ET Q q 0 0 0 rg BT 200.79 458.00 Td (of ) Tj ET Q q 0 0 0 rg BT 212.06 458.00 Td (our ) Tj ET Q q 0 0 0 rg BT 229.45 458.00 Td (non-marketable ) Tj ET Q q 0 0 0 rg BT 301.86 458.00 Td (equity ) Tj ET Q q 0 0 0 rg BT 331.47 458.00 Td (securities ) Tj ET Q q 0 0 0 rg BT 376.63 458.00 Td (to ) Tj ET Q q 0 0 0 rg BT 387.90 458.00 Td (fair ) Tj ET Q q 0 0 0 rg BT 404.72 458.00 Td (value ) Tj ET Q q 0 0 0 rg BT 431.56 458.00 Td (upon ) Tj ET Q q 0 0 0 rg BT 456.73 458.00 Td (observable ) Tj ET Q q 0 0 0 rg BT 508.58 458.00 Td (transactions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 446.00 Td (for ) Tj ET Q q 0 0 0 rg BT 64.39 446.00 Td (identical ) Tj ET Q q 0 0 0 rg BT 103.79 446.00 Td (or ) Tj ET Q q 0 0 0 rg BT 115.40 446.00 Td (similar ) Tj ET Q q 0 0 0 rg BT 147.01 446.00 Td (investments ) Tj ET Q q 0 0 0 rg BT 203.08 446.00 Td (of ) Tj ET Q q 0 0 0 rg BT 214.14 446.00 Td (the ) Tj ET Q q 0 0 0 rg BT 230.75 446.00 Td (same ) Tj ET Q q 0 0 0 rg BT 257.92 446.00 Td (issuer ) Tj ET Q q 0 0 0 rg BT 287.32 446.00 Td (or ) Tj ET Q q 0 0 0 rg BT 298.93 446.00 Td (impairment ) Tj ET Q q 0 0 0 rg BT 351.10 446.00 Td (\(referred ) Tj ET Q q 0 0 0 rg BT 392.16 446.00 Td (to ) Tj ET Q q 0 0 0 rg BT 403.22 446.00 Td (as ) Tj ET Q q 0 0 0 rg BT 416.50 446.00 Td (the ) Tj ET Q q 0 0 0 rg BT 433.12 446.00 Td (measurement ) Tj ET Q q 0 0 0 rg BT 496.97 446.00 Td (alternative\). ) Tj ET Q q 0 0 0 rg BT 551.40 446.00 Td (All ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 434.00 Td (gains ) Tj ET Q q 0 0 0 rg BT 78.51 434.00 Td (and ) Tj ET Q q 0 0 0 rg BT 99.80 434.00 Td (losses ) Tj ET Q q 0 0 0 rg BT 132.75 434.00 Td (on ) Tj ET Q q 0 0 0 rg BT 148.47 434.00 Td (non-marketable ) Tj ET Q q 0 0 0 rg BT 222.56 434.00 Td (equity ) Tj ET Q q 0 0 0 rg BT 253.85 434.00 Td (securities, ) Tj ET Q q 0 0 0 rg BT 303.46 434.00 Td (realized ) Tj ET Q q 0 0 0 rg BT 343.09 434.00 Td (and ) Tj ET Q q 0 0 0 rg BT 364.38 434.00 Td (unrealized, ) Tj ET Q q 0 0 0 rg BT 417.90 434.00 Td (are ) Tj ET Q q 0 0 0 rg BT 436.96 434.00 Td (recognized ) Tj ET Q q 0 0 0 rg BT 490.48 434.00 Td (in ) Tj ET Q q 0 0 0 rg BT 502.87 434.00 Td (other ) Tj ET Q q 0 0 0 rg BT 530.26 434.00 Td (income ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 422.00 Td (\(expense\), ) Tj ET Q q 0 0 0 rg BT 99.92 422.00 Td (net. ) Tj ET Q q 0 0 0 rg BT 119.28 422.00 Td (Because ) Tj ET Q q 0 0 0 rg BT 160.88 422.00 Td (we ) Tj ET Q q 0 0 0 rg BT 176.34 422.00 Td (adopted ) Tj ET Q q 0 0 0 rg BT 214.63 422.00 Td (ASU ) Tj ET Q q 0 0 0 rg BT 237.87 422.00 Td (2016-01 ) Tj ET Q q 0 0 0 rg BT 277.25 422.00 Td (prospectively) Tj ET Q q 0 0 0 rg BT 334.86 422.00 Td (, ) Tj ET Q q 0 0 0 rg BT 340.32 422.00 Td (we ) Tj ET Q q 0 0 0 rg BT 355.78 422.00 Td (will ) Tj ET Q q 0 0 0 rg BT 372.34 422.00 Td (recognize ) Tj ET Q q 0 0 0 rg BT 418.38 422.00 Td (unrealized ) Tj ET Q q 0 0 0 rg BT 467.20 422.00 Td (gains ) Tj ET Q q 0 0 0 rg BT 493.79 422.00 Td (that ) Tj ET Q q 0 0 0 rg BT 513.14 422.00 Td (occurred ) Tj ET Q q 0 0 0 rg BT 554.73 422.00 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 410.00 Td (prior ) Tj ET Q q 0 0 0 rg BT 72.75 410.00 Td (periods ) Tj ET Q q 0 0 0 rg BT 108.30 410.00 Td (in ) Tj ET Q q 0 0 0 rg BT 118.84 410.00 Td (the ) Tj ET Q q 0 0 0 rg BT 135.49 410.00 Td (first ) Tj ET Q q 0 0 0 rg BT 154.35 410.00 Td (period ) Tj ET Q q 0 0 0 rg BT 184.89 410.00 Td (after ) Tj ET Q q 0 0 0 rg BT 207.65 410.00 Td (January ) Tj ET Q q 0 0 0 rg BT 245.98 410.00 Td (1, ) Tj ET Q q 0 0 0 rg BT 257.07 410.00 Td (2018 ) Tj ET Q q 0 0 0 rg BT 282.07 410.00 Td (when ) Tj ET Q q 0 0 0 rg BT 308.72 410.00 Td (there ) Tj ET Q q 0 0 0 rg BT 334.26 410.00 Td (is ) Tj ET Q q 0 0 0 rg BT 344.24 410.00 Td (an ) Tj ET Q q 0 0 0 rg BT 358.11 410.00 Td (observable ) Tj ET Q q 0 0 0 rg BT 409.78 410.00 Td (transaction ) Tj ET Q q 0 0 0 rg BT 461.45 410.00 Td (for ) Tj ET Q q 0 0 0 rg BT 475.87 410.00 Td (our ) Tj ET Q q 0 0 0 rg BT 493.07 410.00 Td (securities. ) Tj ET Q q 0 0 0 rg BT 540.83 410.00 Td (Non-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 398.00 Td (marketable ) Tj ET Q q 0 0 0 rg BT 102.04 398.00 Td (equity ) Tj ET Q q 0 0 0 rg BT 131.29 398.00 Td (securities ) Tj ET Q q 0 0 0 rg BT 176.10 398.00 Td (remeasured ) Tj ET Q q 0 0 0 rg BT 232.03 398.00 Td (during ) Tj ET Q q 0 0 0 rg BT 262.39 398.00 Td (the ) Tj ET Q q 0 0 0 rg BT 278.86 398.00 Td (three ) Tj ET Q q 0 0 0 rg BT 304.23 398.00 Td (months ) Tj ET Q q 0 0 0 rg BT 339.59 398.00 Td (ended ) Tj ET Q q 0 0 0 rg BT 369.96 398.00 Td (March ) Tj ET Q q 0 0 0 rg BT 400.32 398.00 Td (31, ) Tj ET Q q 0 0 0 rg BT 416.79 398.00 Td (2018 ) Tj ET Q q 0 0 0 rg BT 441.60 398.00 Td (are ) Tj ET Q q 0 0 0 rg BT 458.63 398.00 Td (classified ) Tj ET Q q 0 0 0 rg BT 502.32 398.00 Td (within ) Tj ET Q q 0 0 0 rg BT 530.46 398.00 Td (Level ) Tj ET Q q 0 0 0 rg BT 556.93 398.00 Td (3 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 386.00 Td (in ) Tj ET Q q 0 0 0 rg BT 59.74 386.00 Td (the ) Tj ET Q q 0 0 0 rg BT 75.60 386.00 Td (fair ) Tj ET Q q 0 0 0 rg BT 91.45 386.00 Td (value ) Tj ET Q q 0 0 0 rg BT 117.32 386.00 Td (hierarchy ) Tj ET Q q 0 0 0 rg BT 160.41 386.00 Td (because ) Tj ET Q q 0 0 0 rg BT 200.17 386.00 Td (we ) Tj ET Q q 0 0 0 rg BT 214.91 386.00 Td (estimate ) Tj ET Q q 0 0 0 rg BT 254.67 386.00 Td (the ) Tj ET Q q 0 0 0 rg BT 270.53 386.00 Td (value ) Tj ET Q q 0 0 0 rg BT 296.39 386.00 Td (based ) Tj ET Q q 0 0 0 rg BT 325.60 386.00 Td (on ) Tj ET Q q 0 0 0 rg BT 338.68 386.00 Td (valuation ) Tj ET Q q 0 0 0 rg BT 380.67 386.00 Td (methods ) Tj ET Q q 0 0 0 rg BT 420.98 386.00 Td (using ) Tj ET Q q 0 0 0 rg BT 446.85 386.00 Td (the ) Tj ET Q q 0 0 0 rg BT 462.71 386.00 Td (observable ) Tj ET Q q 0 0 0 rg BT 513.59 386.00 Td (transaction ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 374.00 Td (price ) Tj ET Q q 0 0 0 rg BT 74.22 374.00 Td (at ) Tj ET Q q 0 0 0 rg BT 85.10 374.00 Td (the ) Tj ET Q q 0 0 0 rg BT 101.55 374.00 Td (transaction ) Tj ET Q q 0 0 0 rg BT 153.01 374.00 Td (date ) Tj ET Q q 0 0 0 rg BT 175.02 374.00 Td (and ) Tj ET Q q 0 0 0 rg BT 194.25 374.00 Td (other ) Tj ET Q q 0 0 0 rg BT 219.59 374.00 Td (unobservable ) Tj ET Q q 0 0 0 rg BT 282.18 374.00 Td (inputs ) Tj ET Q q 0 0 0 rg BT 311.41 374.00 Td (including ) Tj ET Q q 0 0 0 rg BT 353.42 374.00 Td (volatility) Tj ET Q q 0 0 0 rg BT 388.25 374.00 Td (, ) Tj ET Q q 0 0 0 rg BT 393.57 374.00 Td (rights, ) Tj ET Q q 0 0 0 rg BT 423.35 374.00 Td (and ) Tj ET Q q 0 0 0 rg BT 442.58 374.00 Td (obligations ) Tj ET Q q 0 0 0 rg BT 492.93 374.00 Td (of ) Tj ET Q q 0 0 0 rg BT 503.82 374.00 Td (the ) Tj ET Q q 0 0 0 rg BT 520.26 374.00 Td (securities ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 362.00 Td (we ) Tj ET Q q 0 0 0 rg BT 65.56 362.00 Td (hold.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 344.00 Td (As ) Tj ET Q q 0 0 0 rg BT 87.70 344.00 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.56 344.00 Td (March ) Tj ET Q q 0 0 0 rg BT 130.87 344.00 Td (31, ) Tj ET Q q 0 0 0 rg BT 148.30 344.00 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 170.54 344.00 Td (, ) Tj ET Q q 0 0 0 rg BT 176.85 344.00 Td (non-marketable ) Tj ET Q q 0 0 0 rg BT 249.86 344.00 Td (equity ) Tj ET Q q 0 0 0 rg BT 280.07 344.00 Td (securities ) Tj ET Q q 0 0 0 rg BT 325.83 344.00 Td (had ) Tj ET Q q 0 0 0 rg BT 346.04 344.00 Td (a ) Tj ET Q q 0 0 0 rg BT 355.13 344.00 Td (carrying ) Tj ET Q q 0 0 0 rg BT 394.22 344.00 Td (value ) Tj ET Q q 0 0 0 rg BT 421.65 344.00 Td (of ) Tj ET Q q 0 0 0 rg BT 433.52 344.00 Td (approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.29 344.00 Td ($7.3 ) Tj ET Q q 0 0 0 rg BT 522.28 344.00 Td (billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.85 344.00 Td (, ) Tj ET Q q 0 0 0 rg BT 554.16 344.00 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 332.00 Td (which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 79.21 332.00 Td ($3.6 ) Tj ET Q q 0 0 0 rg BT 102.32 332.00 Td (billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 127.89 332.00 Td ( ) Tj ET Q q 0 0 0 rg BT 131.54 332.00 Td (was ) Tj ET Q q 0 0 0 rg BT 152.96 332.00 Td (remeasured ) Tj ET Q q 0 0 0 rg BT 209.97 332.00 Td (to ) Tj ET Q q 0 0 0 rg BT 221.95 332.00 Td (fair ) Tj ET Q q 0 0 0 rg BT 239.49 332.00 Td (value ) Tj ET Q q 0 0 0 rg BT 267.04 332.00 Td (based ) Tj ET Q q 0 0 0 rg BT 297.93 332.00 Td (on ) Tj ET Q q 0 0 0 rg BT 312.70 332.00 Td (observable ) Tj ET Q q 0 0 0 rg BT 365.27 332.00 Td (transactions ) Tj ET Q q 0 0 0 rg BT 422.83 332.00 Td (during ) Tj ET Q q 0 0 0 rg BT 454.27 332.00 Td (the ) Tj ET Q q 0 0 0 rg BT 471.82 332.00 Td (three ) Tj ET Q q 0 0 0 rg BT 498.25 332.00 Td (months ) Tj ET Q q 0 0 0 rg BT 534.69 332.00 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 320.00 Td (March ) Tj ET Q q 0 0 0 rg BT 80.36 320.00 Td (31, ) Tj ET Q q 0 0 0 rg BT 96.83 320.00 Td (2018. ) Tj ET Q q 0 0 0 rg BT 124.26 320.00 Td (The ) Tj ET Q q 0 0 0 rg BT 144.06 320.00 Td (following ) Tj ET Q q 0 0 0 rg BT 185.55 320.00 Td (is ) Tj ET Q q 0 0 0 rg BT 195.34 320.00 Td (a ) Tj ET Q q 0 0 0 rg BT 203.47 320.00 Td (summary ) Tj ET Q q 0 0 0 rg BT 247.16 320.00 Td (of ) Tj ET Q q 0 0 0 rg BT 258.07 320.00 Td (unrealized ) Tj ET Q q 0 0 0 rg BT 306.79 320.00 Td (gains ) Tj ET Q q 0 0 0 rg BT 333.26 320.00 Td (and ) Tj ET Q q 0 0 0 rg BT 352.52 320.00 Td (losses ) Tj ET Q q 0 0 0 rg BT 383.44 320.00 Td (recorded ) Tj ET Q q 0 0 0 rg BT 425.48 320.00 Td (in ) Tj ET Q q 0 0 0 rg BT 435.83 320.00 Td (other ) Tj ET Q q 0 0 0 rg BT 461.20 320.00 Td (income ) Tj ET Q q 0 0 0 rg BT 496.01 320.00 Td (\(expense\), ) Tj ET Q q 0 0 0 rg BT 545.83 320.00 Td (net, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 308.00 Td (and ) Tj ET Q q 0 0 0 rg BT 69.62 308.00 Td (included ) Tj ET Q q 0 0 0 rg BT 109.80 308.00 Td (as ) Tj ET Q q 0 0 0 rg BT 123.30 308.00 Td (adjustments ) Tj ET Q q 0 0 0 rg BT 180.15 308.00 Td (to ) Tj ET Q q 0 0 0 rg BT 191.42 308.00 Td (the ) Tj ET Q q 0 0 0 rg BT 208.25 308.00 Td (carrying ) Tj ET Q q 0 0 0 rg BT 246.75 308.00 Td (value ) Tj ET Q q 0 0 0 rg BT 273.59 308.00 Td (of ) Tj ET Q q 0 0 0 rg BT 284.86 308.00 Td (non-marketable ) Tj ET Q q 0 0 0 rg BT 357.28 308.00 Td (equity ) Tj ET Q q 0 0 0 rg BT 386.90 308.00 Td (securities ) Tj ET Q q 0 0 0 rg BT 432.07 308.00 Td (held ) Tj ET Q q 0 0 0 rg BT 453.91 308.00 Td (as ) Tj ET Q q 0 0 0 rg BT 467.40 308.00 Td (of ) Tj ET Q q 0 0 0 rg BT 478.67 308.00 Td (March ) Tj ET Q q 0 0 0 rg BT 509.39 308.00 Td (31, ) Tj ET Q q 0 0 0 rg BT 526.23 308.00 Td (2018 ) Tj ET Q q 0 0 0 rg BT 551.40 308.00 Td (\(in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 296.00 Td (millions, ) Tj ET Q q 0 0 0 rg BT 88.90 296.00 Td (unaudited\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 256.50 411.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.50 256.50 102.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 228.50 411.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.50 228.50 102.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 256.5 m 563.5 256.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 256.5 m 563.5 256.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 228.5 m 563.5 228.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 228.5 m 563.5 228.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 215.5 m 563.5 215.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 213.5 m 563.5 213.5 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 472.40 268.73 Td (Three Months Ended) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 483.50 260.73 Td (March 31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 246.72 Td (Upward adjustments \(gross unrealized gains\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.00 246.72 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.60 246.72 Td (2,51) Tj ET Q q 0 0 0 rg BT 554.06 246.72 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 232.72 Td (Downward adjustments \(including impairment\) \(gross unrealized losses\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.15 232.72 Td (\(23) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.65 232.72 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 218.72 Td (T) Tj ET Q q 0 0 0 rg BT 76.00 218.72 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.00 218.72 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.60 218.72 Td (2,488) Tj ET Q BT /F1 10.00 Tf ET BT /F3 10.00 Tf ET q 0 0 0 rg BT 72.50 197.00 Td (Gains ) Tj ET Q q 0 0 0 rg BT 103.07 197.00 Td (and ) Tj ET Q q 0 0 0 rg BT 123.62 197.00 Td (losses ) Tj ET Q q 0 0 0 rg BT 157.53 197.00 Td (on ) Tj ET Q q 0 0 0 rg BT 172.53 197.00 Td (marketable ) Tj ET Q q 0 0 0 rg BT 228.12 197.00 Td (and ) Tj ET Q q 0 0 0 rg BT 248.67 197.00 Td (non-marketable ) Tj ET Q q 0 0 0 rg BT 325.91 197.00 Td (equity ) Tj ET Q q 0 0 0 rg BT 358.14 197.00 Td (securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 179.00 Td (Realized ) Tj ET Q q 0 0 0 rg BT 114.10 179.00 Td (and ) Tj ET Q q 0 0 0 rg BT 133.47 179.00 Td (unrealized ) Tj ET Q q 0 0 0 rg BT 182.30 179.00 Td (gains ) Tj ET Q q 0 0 0 rg BT 208.89 179.00 Td (and ) Tj ET Q q 0 0 0 rg BT 228.26 179.00 Td (losses ) Tj ET Q q 0 0 0 rg BT 259.29 179.00 Td (for ) Tj ET Q q 0 0 0 rg BT 273.65 179.00 Td (our ) Tj ET Q q 0 0 0 rg BT 290.79 179.00 Td (marketable ) Tj ET Q q 0 0 0 rg BT 342.94 179.00 Td (and ) Tj ET Q q 0 0 0 rg BT 362.31 179.00 Td (non-marketable ) Tj ET Q q 0 0 0 rg BT 434.48 179.00 Td (equity ) Tj ET Q q 0 0 0 rg BT 463.85 179.00 Td (securities ) Tj ET Q q 0 0 0 rg BT 508.77 179.00 Td (for ) Tj ET Q q 0 0 0 rg BT 523.13 179.00 Td (the ) Tj ET Q q 0 0 0 rg BT 539.71 179.00 Td (three ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 167.00 Td (months ) Tj ET Q q 0 0 0 rg BT 85.57 167.00 Td (ended ) Tj ET Q q 0 0 0 rg BT 116.16 167.00 Td (March ) Tj ET Q q 0 0 0 rg BT 146.72 167.00 Td (31, ) Tj ET Q q 0 0 0 rg BT 163.40 167.00 Td (2018 ) Tj ET Q q 0 0 0 rg BT 188.42 167.00 Td (are ) Tj ET Q q 0 0 0 rg BT 205.65 167.00 Td (summarized ) Tj ET Q q 0 0 0 rg BT 262.89 167.00 Td (below ) Tj ET Q q 0 0 0 rg BT 291.80 167.00 Td (\(in ) Tj ET Q q 0 0 0 rg BT 305.69 167.00 Td (millions, ) Tj ET Q q 0 0 0 rg BT 344.58 167.00 Td (unaudited\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 129.50 411.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.50 129.50 102.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 101.50 411.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.50 101.50 102.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 129.5 m 563.5 129.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 129.5 m 563.5 129.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 101.5 m 563.5 101.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 88.5 m 563.5 88.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 86.5 m 563.5 86.5 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 133.73 Td (? Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 472.40 141.73 Td (Three Months Ended) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 483.50 133.73 Td (March 31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 119.72 Td (Realized gain \(loss\) for equity securities sold) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.00 119.72 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.95 119.72 Td (387) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 105.72 Td (Unrealized gain \(loss\) on equity securities held) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.60 105.72 Td (2,644) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 91.72 Td (T) Tj ET Q q 0 0 0 rg BT 76.00 91.72 Td (otal gain \(loss\) recognized in other income \(expense\), net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.00 91.72 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.60 91.72 Td (3,031) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 35 0 obj <>] /Rotate 0 /Contents 36 0 R>> endobj 36 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 53 767.1939453125 m 130.8271484375 767.1939453125 l s q 0 0 1 rg BT 53.00 768.62 Td (T) Tj ET Q q 0 0 1 rg BT 58.00 768.62 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.396078431372549 0.396078431372549 0.396078431372549 rg BT 494.20 768.62 Td (Alphabet Inc.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.40 31.25 Td (15) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 72.50 741.75 Td (Investments ) Tj ET Q q 0 0 0 rg BT 133.63 741.75 Td (accounted ) Tj ET Q q 0 0 0 rg BT 186.42 741.75 Td (for ) Tj ET Q q 0 0 0 rg BT 202.53 741.75 Td (under ) Tj ET Q q 0 0 0 rg BT 233.09 741.75 Td (the ) Tj ET Q q 0 0 0 rg BT 250.86 741.75 Td (Equity ) Tj ET Q q 0 0 0 rg BT 284.20 741.75 Td (Method) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 723.75 Td (As ) Tj ET Q q 0 0 0 rg BT 86.16 723.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 96.49 723.75 Td (December ) Tj ET Q q 0 0 0 rg BT 144.61 723.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 160.50 723.75 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 182.75 723.75 Td ( ) Tj ET Q q 0 0 0 rg BT 184.74 723.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 203.41 723.75 Td (March ) Tj ET Q q 0 0 0 rg BT 233.18 723.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 249.08 723.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.32 723.75 Td (, ) Tj ET Q q 0 0 0 rg BT 276.09 723.75 Td (investments ) Tj ET Q q 0 0 0 rg BT 331.44 723.75 Td (accounted ) Tj ET Q q 0 0 0 rg BT 379.57 723.75 Td (for ) Tj ET Q q 0 0 0 rg BT 393.23 723.75 Td (under ) Tj ET Q q 0 0 0 rg BT 420.80 723.75 Td (the ) Tj ET Q q 0 0 0 rg BT 436.69 723.75 Td (equity ) Tj ET Q q 0 0 0 rg BT 465.37 723.75 Td (method ) Tj ET Q q 0 0 0 rg BT 500.71 723.75 Td (had ) Tj ET Q q 0 0 0 rg BT 519.39 723.75 Td (a ) Tj ET Q q 0 0 0 rg BT 526.94 723.75 Td (carrying ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 711.75 Td (value ) Tj ET Q q 0 0 0 rg BT 77.84 711.75 Td (of ) Tj ET Q q 0 0 0 rg BT 90.11 711.75 Td (approximately ) Tj ET Q q 0 0 0 rg BT 156.29 711.75 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 161.86 711.75 Td (1.4 ) Tj ET Q q 0 0 0 rg BT 179.69 711.75 Td (billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 205.26 711.75 Td ( ) Tj ET Q q 0 0 0 rg BT 209.19 711.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 229.81 711.75 Td ($1.5 ) Tj ET Q q 0 0 0 rg BT 253.21 711.75 Td (billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.78 711.75 Td (, ) Tj ET Q q 0 0 0 rg BT 285.49 711.75 Td (respectively) Tj ET Q q 0 0 0 rg BT 337.54 711.75 Td (. ) Tj ET Q q 0 0 0 rg BT 344.26 711.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 364.86 711.75 Td (share ) Tj ET Q q 0 0 0 rg BT 393.81 711.75 Td (of ) Tj ET Q q 0 0 0 rg BT 406.08 711.75 Td (gains ) Tj ET Q q 0 0 0 rg BT 433.92 711.75 Td (and ) Tj ET Q q 0 0 0 rg BT 454.53 711.75 Td (losses ) Tj ET Q q 0 0 0 rg BT 486.81 711.75 Td (in ) Tj ET Q q 0 0 0 rg BT 498.53 711.75 Td (equity ) Tj ET Q q 0 0 0 rg BT 529.14 711.75 Td (method ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 699.75 Td (investments ) Tj ET Q q 0 0 0 rg BT 106.39 699.75 Td (including ) Tj ET Q q 0 0 0 rg BT 148.90 699.75 Td (impairment ) Tj ET Q q 0 0 0 rg BT 201.40 699.75 Td (are ) Tj ET Q q 0 0 0 rg BT 218.89 699.75 Td (included ) Tj ET Q q 0 0 0 rg BT 259.18 699.75 Td (as ) Tj ET Q q 0 0 0 rg BT 272.78 699.75 Td (a ) Tj ET Q q 0 0 0 rg BT 281.38 699.75 Td (component ) Tj ET Q q 0 0 0 rg BT 333.89 699.75 Td (of ) Tj ET Q q 0 0 0 rg BT 345.27 699.75 Td (other ) Tj ET Q q 0 0 0 rg BT 371.10 699.75 Td (income ) Tj ET Q q 0 0 0 rg BT 406.37 699.75 Td (\(expense\), ) Tj ET Q q 0 0 0 rg BT 456.66 699.75 Td (net, ) Tj ET Q q 0 0 0 rg BT 476.37 699.75 Td (in ) Tj ET Q q 0 0 0 rg BT 487.19 699.75 Td (the ) Tj ET Q q 0 0 0 rg BT 504.13 699.75 Td (Consolidated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 687.75 Td (Statements ) Tj ET Q q 0 0 0 rg BT 103.36 687.75 Td (of ) Tj ET Q q 0 0 0 rg BT 114.48 687.75 Td (Income. ) Tj ET Q q 0 0 0 rg BT 152.83 687.75 Td (See Note ) Tj ET Q q 0 0 0 rg BT 197.30 687.75 Td (6 for ) Tj ET Q q 0 0 0 rg BT 220.09 687.75 Td (further ) Tj ET Q q 0 0 0 rg BT 251.77 687.75 Td (details ) Tj ET Q q 0 0 0 rg BT 283.45 687.75 Td (on ) Tj ET Q q 0 0 0 rg BT 297.35 687.75 Td (other ) Tj ET Q q 0 0 0 rg BT 322.92 687.75 Td (income ) Tj ET Q q 0 0 0 rg BT 357.94 687.75 Td (\(expense\), ) Tj ET Q q 0 0 0 rg BT 407.96 687.75 Td (net.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 669.75 Td (Derivative ) Tj ET Q q 0 0 0 rg BT 100.59 669.75 Td (Financial ) Tj ET Q q 0 0 0 rg BT 146.71 669.75 Td (Instruments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 651.75 Td (W) Tj ET Q q 0 0 0 rg BT 81.76 651.75 Td (e ) Tj ET Q q 0 0 0 rg BT 90.62 651.75 Td (classify ) Tj ET Q q 0 0 0 rg BT 126.71 651.75 Td (our ) Tj ET Q q 0 0 0 rg BT 144.47 651.75 Td (foreign ) Tj ET Q q 0 0 0 rg BT 178.34 651.75 Td (currency ) Tj ET Q q 0 0 0 rg BT 219.99 651.75 Td (and ) Tj ET Q q 0 0 0 rg BT 239.98 651.75 Td (interest ) Tj ET Q q 0 0 0 rg BT 276.08 651.75 Td (rate ) Tj ET Q q 0 0 0 rg BT 296.61 651.75 Td (derivative ) Tj ET Q q 0 0 0 rg BT 342.71 651.75 Td (contracts ) Tj ET Q q 0 0 0 rg BT 386.59 651.75 Td (primarily ) Tj ET Q q 0 0 0 rg BT 427.67 651.75 Td (within ) Tj ET Q q 0 0 0 rg BT 456.54 651.75 Td (Level ) Tj ET Q q 0 0 0 rg BT 483.75 651.75 Td (2 ) Tj ET Q q 0 0 0 rg BT 492.61 651.75 Td (in ) Tj ET Q q 0 0 0 rg BT 503.70 651.75 Td (the ) Tj ET Q q 0 0 0 rg BT 520.90 651.75 Td (fair ) Tj ET Q q 0 0 0 rg BT 538.10 651.75 Td (value ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 639.75 Td (hierarchy ) Tj ET Q q 0 0 0 rg BT 93.91 639.75 Td (as ) Tj ET Q q 0 0 0 rg BT 107.25 639.75 Td (the ) Tj ET Q q 0 0 0 rg BT 123.93 639.75 Td (valuation ) Tj ET Q q 0 0 0 rg BT 166.73 639.75 Td (inputs ) Tj ET Q q 0 0 0 rg BT 196.20 639.75 Td (are ) Tj ET Q q 0 0 0 rg BT 213.43 639.75 Td (based ) Tj ET Q q 0 0 0 rg BT 243.45 639.75 Td (on ) Tj ET Q q 0 0 0 rg BT 257.35 639.75 Td (quoted ) Tj ET Q q 0 0 0 rg BT 290.72 639.75 Td (prices ) Tj ET Q q 0 0 0 rg BT 320.17 639.75 Td (and ) Tj ET Q q 0 0 0 rg BT 339.63 639.75 Td (market ) Tj ET Q q 0 0 0 rg BT 372.97 639.75 Td (observable ) Tj ET Q q 0 0 0 rg BT 424.67 639.75 Td (data ) Tj ET Q q 0 0 0 rg BT 446.91 639.75 Td (of ) Tj ET Q q 0 0 0 rg BT 458.03 639.75 Td (similar ) Tj ET Q q 0 0 0 rg BT 489.70 639.75 Td (instruments.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 621.75 Td (W) Tj ET Q q 0 0 0 rg BT 83.26 621.75 Td (e ) Tj ET Q q 0 0 0 rg BT 92.46 621.75 Td (recognize ) Tj ET Q q 0 0 0 rg BT 139.46 621.75 Td (derivative ) Tj ET Q q 0 0 0 rg BT 185.90 621.75 Td (instruments ) Tj ET Q q 0 0 0 rg BT 241.23 621.75 Td (as ) Tj ET Q q 0 0 0 rg BT 255.43 621.75 Td (either ) Tj ET Q q 0 0 0 rg BT 284.08 621.75 Td (assets ) Tj ET Q q 0 0 0 rg BT 316.63 621.75 Td (or ) Tj ET Q q 0 0 0 rg BT 329.16 621.75 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 370.59 621.75 Td (in ) Tj ET Q q 0 0 0 rg BT 382.02 621.75 Td (the ) Tj ET Q q 0 0 0 rg BT 399.56 621.75 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 461.58 621.75 Td (Balance ) Tj ET Q q 0 0 0 rg BT 501.35 621.75 Td (Sheets ) Tj ET Q q 0 0 0 rg BT 536.13 621.75 Td (at ) Tj ET Q q 0 0 0 rg BT 548.11 621.75 Td (fair ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 609.75 Td (value. ) Tj ET Q q 0 0 0 rg BT 79.42 609.75 Td (W) Tj ET Q q 0 0 0 rg BT 88.68 609.75 Td (e ) Tj ET Q q 0 0 0 rg BT 96.97 609.75 Td (record ) Tj ET Q q 0 0 0 rg BT 128.05 609.75 Td (changes ) Tj ET Q q 0 0 0 rg BT 168.59 609.75 Td (in ) Tj ET Q q 0 0 0 rg BT 179.11 609.75 Td (the ) Tj ET Q q 0 0 0 rg BT 195.74 609.75 Td (fair ) Tj ET Q q 0 0 0 rg BT 212.37 609.75 Td (value ) Tj ET Q q 0 0 0 rg BT 239.01 609.75 Td (\(i.e., ) Tj ET Q q 0 0 0 rg BT 261.19 609.75 Td (gains ) Tj ET Q q 0 0 0 rg BT 287.83 609.75 Td (or ) Tj ET Q q 0 0 0 rg BT 299.45 609.75 Td (losses\) ) Tj ET Q q 0 0 0 rg BT 333.86 609.75 Td (of ) Tj ET Q q 0 0 0 rg BT 344.93 609.75 Td (the ) Tj ET Q q 0 0 0 rg BT 361.57 609.75 Td (derivatives ) Tj ET Q q 0 0 0 rg BT 412.10 609.75 Td (in ) Tj ET Q q 0 0 0 rg BT 422.62 609.75 Td (the ) Tj ET Q q 0 0 0 rg BT 439.25 609.75 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 500.36 609.75 Td (Statements ) Tj ET Q q 0 0 0 rg BT 553.67 609.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 597.75 Td (Income ) Tj ET Q q 0 0 0 rg BT 84.23 597.75 Td (as ) Tj ET Q q 0 0 0 rg BT 96.23 597.75 Td (either ) Tj ET Q q 0 0 0 rg BT 122.69 597.75 Td (other ) Tj ET Q q 0 0 0 rg BT 146.92 597.75 Td (income ) Tj ET Q q 0 0 0 rg BT 180.60 597.75 Td (\(expense\), ) Tj ET Q q 0 0 0 rg BT 229.28 597.75 Td (net, ) Tj ET Q q 0 0 0 rg BT 247.40 597.75 Td (or ) Tj ET Q q 0 0 0 rg BT 257.73 597.75 Td (revenues, ) Tj ET Q q 0 0 0 rg BT 303.09 597.75 Td (or ) Tj ET Q q 0 0 0 rg BT 313.42 597.75 Td (in ) Tj ET Q q 0 0 0 rg BT 322.64 597.75 Td (the ) Tj ET Q q 0 0 0 rg BT 337.98 597.75 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 397.79 597.75 Td (Balance ) Tj ET Q q 0 0 0 rg BT 435.37 597.75 Td (Sheets ) Tj ET Q q 0 0 0 rg BT 467.94 597.75 Td (in ) Tj ET Q q 0 0 0 rg BT 476.88 597.75 Td (AOCI, ) Tj ET Q q 0 0 0 rg BT 505.55 597.75 Td (as ) Tj ET Q q 0 0 0 rg BT 517.55 597.75 Td (discussed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 585.75 Td (below) Tj ET Q q 0 0 0 rg BT 75.58 585.75 Td (. ) Tj ET Q q 0 0 0 rg BT 79.66 585.75 Td (As ) Tj ET Q q 0 0 0 rg BT 92.96 585.75 Td (a ) Tj ET Q q 0 0 0 rg BT 100.15 585.75 Td (result ) Tj ET Q q 0 0 0 rg BT 126.23 585.75 Td (of ) Tj ET Q q 0 0 0 rg BT 136.20 585.75 Td (our ) Tj ET Q q 0 0 0 rg BT 152.28 585.75 Td (adoption ) Tj ET Q q 0 0 0 rg BT 192.27 585.75 Td (of ) Tj ET Q q 0 0 0 rg BT 201.92 585.75 Td (Accounting ) Tj ET Q q 0 0 0 rg BT 253.02 585.75 Td (Standard ) Tj ET Q q 0 0 0 rg BT 295.24 585.75 Td (Update ) Tj ET Q q 0 0 0 rg BT 329.11 585.75 Td (No. ) Tj ET Q q 0 0 0 rg BT 346.30 585.75 Td (2017-12 ) Tj ET Q q 0 0 0 rg BT 384.63 585.75 Td (\(ASU ) Tj ET Q q 0 0 0 rg BT 410.15 585.75 Td (2017-12\) ) Tj ET Q q 0 0 0 rg BT 451.80 585.75 Td ("Derivatives ) Tj ET Q q 0 0 0 rg BT 506.44 585.75 Td (and ) Tj ET Q q 0 0 0 rg BT 524.75 585.75 Td (Hedging ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 573.75 Td (\(T) Tj ET Q q 0 0 0 rg BT 58.33 573.75 Td (opic ) Tj ET Q q 0 0 0 rg BT 81.89 573.75 Td (815\): ) Tj ET Q q 0 0 0 rg BT 109.57 573.75 Td (T) Tj ET Q q 0 0 0 rg BT 114.57 573.75 Td (argeted ) Tj ET Q q 0 0 0 rg BT 153.70 573.75 Td (Improvements ) Tj ET Q q 0 0 0 rg BT 222.27 573.75 Td (to ) Tj ET Q q 0 0 0 rg BT 234.80 573.75 Td (Accounting ) Tj ET Q q 0 0 0 rg BT 289.49 573.75 Td (for ) Tj ET Q q 0 0 0 rg BT 306.38 573.75 Td (Hedging ) Tj ET Q q 0 0 0 rg BT 347.81 573.75 Td (Activities," ) Tj ET Q q 0 0 0 rg BT 398.81 573.75 Td (the ) Tj ET Q q 0 0 0 rg BT 417.94 573.75 Td (components ) Tj ET Q q 0 0 0 rg BT 477.63 573.75 Td (excluded ) Tj ET Q q 0 0 0 rg BT 522.88 573.75 Td (from ) Tj ET Q q 0 0 0 rg BT 548.10 573.75 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 561.75 Td (assessment ) Tj ET Q q 0 0 0 rg BT 106.04 561.75 Td (of ) Tj ET Q q 0 0 0 rg BT 117.07 561.75 Td (hedge ) Tj ET Q q 0 0 0 rg BT 147.56 561.75 Td (ef) Tj ET Q q 0 0 0 rg BT 155.72 561.75 Td (fectiveness ) Tj ET Q q 0 0 0 rg BT 208.44 561.75 Td (are ) Tj ET Q q 0 0 0 rg BT 225.58 561.75 Td (recognized ) Tj ET Q q 0 0 0 rg BT 277.18 561.75 Td (in ) Tj ET Q q 0 0 0 rg BT 287.66 561.75 Td (the ) Tj ET Q q 0 0 0 rg BT 304.24 561.75 Td (same ) Tj ET Q q 0 0 0 rg BT 331.38 561.75 Td (income ) Tj ET Q q 0 0 0 rg BT 366.31 561.75 Td (statement ) Tj ET Q q 0 0 0 rg BT 412.91 561.75 Td (line ) Tj ET Q q 0 0 0 rg BT 431.16 561.75 Td (as ) Tj ET Q q 0 0 0 rg BT 444.41 561.75 Td (the ) Tj ET Q q 0 0 0 rg BT 461.00 561.75 Td (hedged ) Tj ET Q q 0 0 0 rg BT 497.06 561.75 Td (item ) Tj ET Q q 0 0 0 rg BT 518.63 561.75 Td (beginning ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 549.75 Td (January ) Tj ET Q q 0 0 0 rg BT 88.35 549.75 Td (1, ) Tj ET Q q 0 0 0 rg BT 99.47 549.75 Td (2018.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 531.75 Td (W) Tj ET Q q 0 0 0 rg BT 83.26 531.75 Td (e ) Tj ET Q q 0 0 0 rg BT 92.52 531.75 Td (enter ) Tj ET Q q 0 0 0 rg BT 119.02 531.75 Td (into ) Tj ET Q q 0 0 0 rg BT 138.85 531.75 Td (foreign ) Tj ET Q q 0 0 0 rg BT 173.13 531.75 Td (currency ) Tj ET Q q 0 0 0 rg BT 215.17 531.75 Td (contracts ) Tj ET Q q 0 0 0 rg BT 259.45 531.75 Td (with ) Tj ET Q q 0 0 0 rg BT 280.94 531.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 321.33 531.75 Td (institutions ) Tj ET Q q 0 0 0 rg BT 372.28 531.75 Td (to ) Tj ET Q q 0 0 0 rg BT 384.32 531.75 Td (reduce ) Tj ET Q q 0 0 0 rg BT 418.60 531.75 Td (the ) Tj ET Q q 0 0 0 rg BT 436.21 531.75 Td (risk ) Tj ET Q q 0 0 0 rg BT 455.46 531.75 Td (that ) Tj ET Q q 0 0 0 rg BT 475.85 531.75 Td (our ) Tj ET Q q 0 0 0 rg BT 494.00 531.75 Td (cash ) Tj ET Q q 0 0 0 rg BT 518.83 531.75 Td (flows ) Tj ET Q q 0 0 0 rg BT 545.32 531.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 519.75 Td (earnings ) Tj ET Q q 0 0 0 rg BT 90.54 519.75 Td (will ) Tj ET Q q 0 0 0 rg BT 106.61 519.75 Td (be ) Tj ET Q q 0 0 0 rg BT 119.91 519.75 Td (adversely ) Tj ET Q q 0 0 0 rg BT 164.89 519.75 Td (af) Tj ET Q q 0 0 0 rg BT 173.05 519.75 Td (fected ) Tj ET Q q 0 0 0 rg BT 202.47 519.75 Td (by ) Tj ET Q q 0 0 0 rg BT 215.21 519.75 Td (foreign ) Tj ET Q q 0 0 0 rg BT 247.97 519.75 Td (currency ) Tj ET Q q 0 0 0 rg BT 288.49 519.75 Td (exchange ) Tj ET Q q 0 0 0 rg BT 334.04 519.75 Td (rate ) Tj ET Q q 0 0 0 rg BT 353.45 519.75 Td (fluctuations. ) Tj ET Q q 0 0 0 rg BT 409.00 519.75 Td (W) Tj ET Q q 0 0 0 rg BT 418.25 519.75 Td (e ) Tj ET Q q 0 0 0 rg BT 426.00 519.75 Td (also ) Tj ET Q q 0 0 0 rg BT 446.52 519.75 Td (use ) Tj ET Q q 0 0 0 rg BT 464.82 519.75 Td (interest ) Tj ET Q q 0 0 0 rg BT 499.80 519.75 Td (rate ) Tj ET Q q 0 0 0 rg BT 519.21 519.75 Td (derivative ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 507.75 Td (contracts ) Tj ET Q q 0 0 0 rg BT 92.67 507.75 Td (to ) Tj ET Q q 0 0 0 rg BT 103.12 507.75 Td (hedge ) Tj ET Q q 0 0 0 rg BT 133.03 507.75 Td (interest ) Tj ET Q q 0 0 0 rg BT 167.92 507.75 Td (rate ) Tj ET Q q 0 0 0 rg BT 187.26 507.75 Td (exposures ) Tj ET Q q 0 0 0 rg BT 235.50 507.75 Td (on ) Tj ET Q q 0 0 0 rg BT 248.72 507.75 Td (our ) Tj ET Q q 0 0 0 rg BT 265.28 507.75 Td (fixed ) Tj ET Q q 0 0 0 rg BT 288.50 507.75 Td (income ) Tj ET Q q 0 0 0 rg BT 322.84 507.75 Td (securities ) Tj ET Q q 0 0 0 rg BT 367.18 507.75 Td (and ) Tj ET Q q 0 0 0 rg BT 385.97 507.75 Td (debt ) Tj ET Q q 0 0 0 rg BT 407.53 507.75 Td (issuances. ) Tj ET Q q 0 0 0 rg BT 456.88 507.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 475.65 507.75 Td (program ) Tj ET Q q 0 0 0 rg BT 514.99 507.75 Td (is ) Tj ET Q q 0 0 0 rg BT 524.32 507.75 Td (not ) Tj ET Q q 0 0 0 rg BT 540.32 507.75 Td (used ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 495.75 Td (for ) Tj ET Q q 0 0 0 rg BT 64.45 495.75 Td (trading ) Tj ET Q q 0 0 0 rg BT 97.80 495.75 Td (or ) Tj ET Q q 0 0 0 rg BT 109.47 495.75 Td (speculative ) Tj ET Q q 0 0 0 rg BT 162.28 495.75 Td (purposes.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 477.75 Td (W) Tj ET Q q 0 0 0 rg BT 83.26 477.75 Td (e ) Tj ET Q q 0 0 0 rg BT 91.24 477.75 Td (enter ) Tj ET Q q 0 0 0 rg BT 116.45 477.75 Td (into ) Tj ET Q q 0 0 0 rg BT 135.00 477.75 Td (master ) Tj ET Q q 0 0 0 rg BT 167.98 477.75 Td (netting ) Tj ET Q q 0 0 0 rg BT 200.42 477.75 Td (arrangements, ) Tj ET Q q 0 0 0 rg BT 267.32 477.75 Td (which ) Tj ET Q q 0 0 0 rg BT 295.31 477.75 Td (reduce ) Tj ET Q q 0 0 0 rg BT 328.30 477.75 Td (credit ) Tj ET Q q 0 0 0 rg BT 355.18 477.75 Td (risk ) Tj ET Q q 0 0 0 rg BT 373.15 477.75 Td (by ) Tj ET Q q 0 0 0 rg BT 386.13 477.75 Td (permitting ) Tj ET Q q 0 0 0 rg BT 432.46 477.75 Td (net ) Tj ET Q q 0 0 0 rg BT 448.78 477.75 Td (settlement ) Tj ET Q q 0 0 0 rg BT 497.33 477.75 Td (of ) Tj ET Q q 0 0 0 rg BT 508.09 477.75 Td (transactions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 465.75 Td (with ) Tj ET Q q 0 0 0 rg BT 70.70 465.75 Td (the ) Tj ET Q q 0 0 0 rg BT 87.51 465.75 Td (same ) Tj ET Q q 0 0 0 rg BT 114.88 465.75 Td (counterparty) Tj ET Q q 0 0 0 rg BT 169.72 465.75 Td (. ) Tj ET Q q 0 0 0 rg BT 175.22 465.75 Td (T) Tj ET Q q 0 0 0 rg BT 180.22 465.75 Td (o ) Tj ET Q q 0 0 0 rg BT 188.69 465.75 Td (further ) Tj ET Q q 0 0 0 rg BT 220.51 465.75 Td (reduce ) Tj ET Q q 0 0 0 rg BT 254.00 465.75 Td (credit ) Tj ET Q q 0 0 0 rg BT 281.36 465.75 Td (risk, ) Tj ET Q q 0 0 0 rg BT 302.61 465.75 Td (we ) Tj ET Q q 0 0 0 rg BT 318.30 465.75 Td (enter ) Tj ET Q q 0 0 0 rg BT 344.01 465.75 Td (into ) Tj ET Q q 0 0 0 rg BT 363.04 465.75 Td (collateral ) Tj ET Q q 0 0 0 rg BT 405.98 465.75 Td (security ) Tj ET Q q 0 0 0 rg BT 443.34 465.75 Td (arrangements ) Tj ET Q q 0 0 0 rg BT 507.95 465.75 Td (under ) Tj ET Q q 0 0 0 rg BT 536.44 465.75 Td (which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 453.75 Td (the ) Tj ET Q q 0 0 0 rg BT 66.16 453.75 Td (counterparty ) Tj ET Q q 0 0 0 rg BT 124.01 453.75 Td (is ) Tj ET Q q 0 0 0 rg BT 133.49 453.75 Td (required ) Tj ET Q q 0 0 0 rg BT 172.44 453.75 Td (to ) Tj ET Q q 0 0 0 rg BT 183.04 453.75 Td (provide ) Tj ET Q q 0 0 0 rg BT 218.10 453.75 Td (collateral ) Tj ET Q q 0 0 0 rg BT 260.38 453.75 Td (when ) Tj ET Q q 0 0 0 rg BT 286.54 453.75 Td (the ) Tj ET Q q 0 0 0 rg BT 302.71 453.75 Td (net ) Tj ET Q q 0 0 0 rg BT 318.87 453.75 Td (fair ) Tj ET Q q 0 0 0 rg BT 335.02 453.75 Td (value ) Tj ET Q q 0 0 0 rg BT 361.19 453.75 Td (of ) Tj ET Q q 0 0 0 rg BT 371.79 453.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 404.06 453.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 443.01 453.75 Td (instruments ) Tj ET Q q 0 0 0 rg BT 496.96 453.75 Td (fluctuates ) Tj ET Q q 0 0 0 rg BT 542.02 453.75 Td (from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 441.75 Td (contractually ) Tj ET Q q 0 0 0 rg BT 108.65 441.75 Td (established ) Tj ET Q q 0 0 0 rg BT 161.75 441.75 Td (thresholds. ) Tj ET Q q 0 0 0 rg BT 213.18 441.75 Td (W) Tj ET Q q 0 0 0 rg BT 222.44 441.75 Td (e ) Tj ET Q q 0 0 0 rg BT 230.51 441.75 Td (can ) Tj ET Q q 0 0 0 rg BT 249.14 441.75 Td (take ) Tj ET Q q 0 0 0 rg BT 270.56 441.75 Td (possession ) Tj ET Q q 0 0 0 rg BT 323.10 441.75 Td (of ) Tj ET Q q 0 0 0 rg BT 333.95 441.75 Td (the ) Tj ET Q q 0 0 0 rg BT 350.36 441.75 Td (collateral ) Tj ET Q q 0 0 0 rg BT 392.89 441.75 Td (in ) Tj ET Q q 0 0 0 rg BT 403.19 441.75 Td (the ) Tj ET Q q 0 0 0 rg BT 419.60 441.75 Td (event ) Tj ET Q q 0 0 0 rg BT 446.57 441.75 Td (of ) Tj ET Q q 0 0 0 rg BT 457.42 441.75 Td (counterparty ) Tj ET Q q 0 0 0 rg BT 515.52 441.75 Td (default. ) Tj ET Q q 0 0 0 rg BT 550.33 441.75 Td (As ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 429.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.48 429.75 Td (December ) Tj ET Q q 0 0 0 rg BT 110.75 429.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 127.79 429.75 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 150.04 429.75 Td ( ) Tj ET Q q 0 0 0 rg BT 153.18 429.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 173.00 429.75 Td (March ) Tj ET Q q 0 0 0 rg BT 203.93 429.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 220.97 429.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.21 429.75 Td (, ) Tj ET Q q 0 0 0 rg BT 249.13 429.75 Td (we ) Tj ET Q q 0 0 0 rg BT 265.06 429.75 Td (received ) Tj ET Q q 0 0 0 rg BT 306.00 429.75 Td (cash ) Tj ET Q q 0 0 0 rg BT 330.26 429.75 Td (collateral ) Tj ET Q q 0 0 0 rg BT 373.42 429.75 Td (related ) Tj ET Q q 0 0 0 rg BT 407.14 429.75 Td (to ) Tj ET Q q 0 0 0 rg BT 418.62 429.75 Td (the ) Tj ET Q q 0 0 0 rg BT 435.66 429.75 Td (derivative ) Tj ET Q q 0 0 0 rg BT 481.60 429.75 Td (instruments ) Tj ET Q q 0 0 0 rg BT 536.42 429.75 Td (under ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 417.75 Td (our ) Tj ET Q q 0 0 0 rg BT 67.23 417.75 Td (collateral ) Tj ET Q q 0 0 0 rg BT 110.03 417.75 Td (security ) Tj ET Q q 0 0 0 rg BT 147.26 417.75 Td (arrangements ) Tj ET Q q 0 0 0 rg BT 211.74 417.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 222.86 417.75 Td ($15 ) Tj ET Q q 0 0 0 rg BT 242.32 417.75 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.66 417.75 Td ( ) Tj ET Q q 0 0 0 rg BT 273.44 417.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.90 417.75 Td ($84 ) Tj ET Q q 0 0 0 rg BT 312.36 417.75 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.70 417.75 Td (, ) Tj ET Q q 0 0 0 rg BT 346.26 417.75 Td (respectively) Tj ET Q q 0 0 0 rg BT 398.32 417.75 Td (.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 72.50 399.75 Td (Cash ) Tj ET Q q 0 0 0 rg BT 99.73 399.75 Td (Flow ) Tj ET Q q 0 0 0 rg BT 125.28 399.75 Td (Hedges) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 381.75 Td (W) Tj ET Q q 0 0 0 rg BT 83.26 381.75 Td (e ) Tj ET Q q 0 0 0 rg BT 92.61 381.75 Td (use ) Tj ET Q q 0 0 0 rg BT 112.52 381.75 Td (foreign ) Tj ET Q q 0 0 0 rg BT 146.89 381.75 Td (currency ) Tj ET Q q 0 0 0 rg BT 189.03 381.75 Td (forwards ) Tj ET Q q 0 0 0 rg BT 231.16 381.75 Td (and ) Tj ET Q q 0 0 0 rg BT 251.64 381.75 Td (option ) Tj ET Q q 0 0 0 rg BT 282.67 381.75 Td (contracts, ) Tj ET Q q 0 0 0 rg BT 329.81 381.75 Td (including ) Tj ET Q q 0 0 0 rg BT 373.08 381.75 Td (collars ) Tj ET Q q 0 0 0 rg BT 405.76 381.75 Td (\(an ) Tj ET Q q 0 0 0 rg BT 424.01 381.75 Td (option ) Tj ET Q q 0 0 0 rg BT 455.04 381.75 Td (strategy ) Tj ET Q q 0 0 0 rg BT 494.40 381.75 Td (comprised ) Tj ET Q q 0 0 0 rg BT 544.32 381.75 Td (of ) Tj ET Q q 0 0 0 rg BT 556.45 381.75 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 369.75 Td (combination ) Tj ET Q q 0 0 0 rg BT 106.48 369.75 Td (of ) Tj ET Q q 0 0 0 rg BT 117.38 369.75 Td (purchased ) Tj ET Q q 0 0 0 rg BT 166.63 369.75 Td (and ) Tj ET Q q 0 0 0 rg BT 185.87 369.75 Td (written ) Tj ET Q q 0 0 0 rg BT 217.88 369.75 Td (options\), ) Tj ET Q q 0 0 0 rg BT 258.79 369.75 Td (designated ) Tj ET Q q 0 0 0 rg BT 310.28 369.75 Td (as ) Tj ET Q q 0 0 0 rg BT 323.40 369.75 Td (cash ) Tj ET Q q 0 0 0 rg BT 347.08 369.75 Td (flow ) Tj ET Q q 0 0 0 rg BT 367.42 369.75 Td (hedges ) Tj ET Q q 0 0 0 rg BT 402.79 369.75 Td (to ) Tj ET Q q 0 0 0 rg BT 413.68 369.75 Td (hedge ) Tj ET Q q 0 0 0 rg BT 444.05 369.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 476.62 369.75 Td (forecasted ) Tj ET Q q 0 0 0 rg BT 525.87 369.75 Td (revenue ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 357.75 Td (transactions ) Tj ET Q q 0 0 0 rg BT 108.16 357.75 Td (denominated ) Tj ET Q q 0 0 0 rg BT 170.23 357.75 Td (in ) Tj ET Q q 0 0 0 rg BT 182.26 357.75 Td (currencies ) Tj ET Q q 0 0 0 rg BT 232.63 357.75 Td (other ) Tj ET Q q 0 0 0 rg BT 259.67 357.75 Td (than ) Tj ET Q q 0 0 0 rg BT 283.38 357.75 Td (the ) Tj ET Q q 0 0 0 rg BT 301.52 357.75 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 325.22 357.75 Td (dollar) Tj ET Q q 0 0 0 rg BT 349.12 357.75 Td (. ) Tj ET Q q 0 0 0 rg BT 355.87 357.75 Td (The ) Tj ET Q q 0 0 0 rg BT 377.35 357.75 Td (notional ) Tj ET Q q 0 0 0 rg BT 416.62 357.75 Td (principal ) Tj ET Q q 0 0 0 rg BT 458.11 357.75 Td (of ) Tj ET Q q 0 0 0 rg BT 470.69 357.75 Td (these ) Tj ET Q q 0 0 0 rg BT 499.40 357.75 Td (contracts ) Tj ET Q q 0 0 0 rg BT 544.22 357.75 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 345.75 Td (approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 113.76 345.75 Td ($1) Tj ET Q q 0 0 0 rg BT 124.14 345.75 Td (1.7 ) Tj ET Q q 0 0 0 rg BT 139.56 345.75 Td (billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 165.13 345.75 Td ( ) Tj ET Q q 0 0 0 rg BT 166.64 345.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 184.83 345.75 Td ($1) Tj ET Q q 0 0 0 rg BT 195.21 345.75 Td (1.6 ) Tj ET Q q 0 0 0 rg BT 210.63 345.75 Td (billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 236.20 345.75 Td ( ) Tj ET Q q 0 0 0 rg BT 237.71 345.75 Td (as ) Tj ET Q q 0 0 0 rg BT 249.78 345.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 259.63 345.75 Td (December ) Tj ET Q q 0 0 0 rg BT 307.27 345.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 322.69 345.75 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.93 345.75 Td ( ) Tj ET Q q 0 0 0 rg BT 346.44 345.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.64 345.75 Td (March ) Tj ET Q q 0 0 0 rg BT 393.93 345.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 409.35 345.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.59 345.75 Td (, ) Tj ET Q q 0 0 0 rg BT 435.88 345.75 Td (respectively) Tj ET Q q 0 0 0 rg BT 487.94 345.75 Td (. ) Tj ET Q q 0 0 0 rg BT 492.13 345.75 Td (These ) Tj ET Q q 0 0 0 rg BT 521.43 345.75 Td (contracts ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 333.75 Td (have ) Tj ET Q q 0 0 0 rg BT 74.46 333.75 Td (maturities ) Tj ET Q q 0 0 0 rg BT 120.59 333.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 131.70 333.75 Td (24 ) Tj ET Q q 0 0 0 rg BT 145.61 333.75 Td (months) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 178.40 333.75 Td ( ) Tj ET Q q 0 0 0 rg BT 181.18 333.75 Td (or ) Tj ET Q q 0 0 0 rg BT 192.85 333.75 Td (less.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 315.75 Td (For ) Tj ET Q q 0 0 0 rg BT 93.57 315.75 Td (forwards ) Tj ET Q q 0 0 0 rg BT 136.49 315.75 Td (and ) Tj ET Q q 0 0 0 rg BT 157.75 315.75 Td (option ) Tj ET Q q 0 0 0 rg BT 189.57 315.75 Td (contracts, ) Tj ET Q q 0 0 0 rg BT 237.50 315.75 Td (we ) Tj ET Q q 0 0 0 rg BT 254.85 315.75 Td (exclude ) Tj ET Q q 0 0 0 rg BT 293.90 315.75 Td (the ) Tj ET Q q 0 0 0 rg BT 312.37 315.75 Td (change ) Tj ET Q q 0 0 0 rg BT 349.75 315.75 Td (in ) Tj ET Q q 0 0 0 rg BT 362.11 315.75 Td (the ) Tj ET Q q 0 0 0 rg BT 380.59 315.75 Td (forward ) Tj ET Q q 0 0 0 rg BT 418.50 315.75 Td (points ) Tj ET Q q 0 0 0 rg BT 449.76 315.75 Td (and ) Tj ET Q q 0 0 0 rg BT 471.02 315.75 Td (time ) Tj ET Q q 0 0 0 rg BT 494.49 315.75 Td (value ) Tj ET Q q 0 0 0 rg BT 522.97 315.75 Td (from ) Tj ET Q q 0 0 0 rg BT 547.54 315.75 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 303.75 Td (assessment ) Tj ET Q q 0 0 0 rg BT 106.05 303.75 Td (of ) Tj ET Q q 0 0 0 rg BT 117.09 303.75 Td (hedge ) Tj ET Q q 0 0 0 rg BT 147.60 303.75 Td (ef) Tj ET Q q 0 0 0 rg BT 155.76 303.75 Td (fectiveness. ) Tj ET Q q 0 0 0 rg BT 211.09 303.75 Td (The ) Tj ET Q q 0 0 0 rg BT 231.02 303.75 Td (initial ) Tj ET Q q 0 0 0 rg BT 256.51 303.75 Td (value ) Tj ET Q q 0 0 0 rg BT 283.11 303.75 Td (of ) Tj ET Q q 0 0 0 rg BT 294.15 303.75 Td (the ) Tj ET Q q 0 0 0 rg BT 310.75 303.75 Td (excluded ) Tj ET Q q 0 0 0 rg BT 353.48 303.75 Td (component ) Tj ET Q q 0 0 0 rg BT 405.66 303.75 Td (is ) Tj ET Q q 0 0 0 rg BT 415.58 303.75 Td (amortized ) Tj ET Q q 0 0 0 rg BT 462.19 303.75 Td (on ) Tj ET Q q 0 0 0 rg BT 476.01 303.75 Td (a ) Tj ET Q q 0 0 0 rg BT 484.27 303.75 Td (straight-line ) Tj ET Q q 0 0 0 rg BT 538.66 303.75 Td (basis ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 291.75 Td (over ) Tj ET Q q 0 0 0 rg BT 72.10 291.75 Td (the ) Tj ET Q q 0 0 0 rg BT 88.64 291.75 Td (life ) Tj ET Q q 0 0 0 rg BT 104.07 291.75 Td (of ) Tj ET Q q 0 0 0 rg BT 115.05 291.75 Td (the ) Tj ET Q q 0 0 0 rg BT 131.60 291.75 Td (hedging ) Tj ET Q q 0 0 0 rg BT 169.83 291.75 Td (instrument ) Tj ET Q q 0 0 0 rg BT 219.16 291.75 Td (and ) Tj ET Q q 0 0 0 rg BT 238.49 291.75 Td (recognized ) Tj ET Q q 0 0 0 rg BT 290.06 291.75 Td (in ) Tj ET Q q 0 0 0 rg BT 300.48 291.75 Td (revenues. ) Tj ET Q q 0 0 0 rg BT 346.87 291.75 Td (The ) Tj ET Q q 0 0 0 rg BT 366.75 291.75 Td (dif) Tj ET Q q 0 0 0 rg BT 377.13 291.75 Td (ference ) Tj ET Q q 0 0 0 rg BT 413.13 291.75 Td (between ) Tj ET Q q 0 0 0 rg BT 453.58 291.75 Td (fair ) Tj ET Q q 0 0 0 rg BT 470.11 291.75 Td (value ) Tj ET Q q 0 0 0 rg BT 496.66 291.75 Td (changes ) Tj ET Q q 0 0 0 rg BT 537.12 291.75 Td (of ) Tj ET Q q 0 0 0 rg BT 548.10 291.75 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 279.75 Td (excluded ) Tj ET Q q 0 0 0 rg BT 92.82 279.75 Td (component ) Tj ET Q q 0 0 0 rg BT 145.09 279.75 Td (and ) Tj ET Q q 0 0 0 rg BT 164.57 279.75 Td (the ) Tj ET Q q 0 0 0 rg BT 181.26 279.75 Td (amount ) Tj ET Q q 0 0 0 rg BT 217.41 279.75 Td (amortized ) Tj ET Q q 0 0 0 rg BT 264.11 279.75 Td (to ) Tj ET Q q 0 0 0 rg BT 275.24 279.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 319.17 279.75 Td (is ) Tj ET Q q 0 0 0 rg BT 329.18 279.75 Td (recorded ) Tj ET Q q 0 0 0 rg BT 371.44 279.75 Td (in ) Tj ET Q q 0 0 0 rg BT 381.46 279.75 Td (AOCI. ) Tj ET Q q 0 0 0 rg BT 411.48 279.75 Td (W) Tj ET Q q 0 0 0 rg BT 420.74 279.75 Td (e ) Tj ET Q q 0 0 0 rg BT 429.09 279.75 Td (reflect ) Tj ET Q q 0 0 0 rg BT 459.11 279.75 Td (the ) Tj ET Q q 0 0 0 rg BT 475.81 279.75 Td (gains ) Tj ET Q q 0 0 0 rg BT 502.51 279.75 Td (or ) Tj ET Q q 0 0 0 rg BT 514.19 279.75 Td (losses ) Tj ET Q q 0 0 0 rg BT 545.33 279.75 Td (of ) Tj ET Q q 0 0 0 rg BT 556.46 279.75 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 267.75 Td (cash ) Tj ET Q q 0 0 0 rg BT 74.41 267.75 Td (flow ) Tj ET Q q 0 0 0 rg BT 95.47 267.75 Td (hedge ) Tj ET Q q 0 0 0 rg BT 126.57 267.75 Td (included ) Tj ET Q q 0 0 0 rg BT 167.10 267.75 Td (in ) Tj ET Q q 0 0 0 rg BT 178.17 267.75 Td (our ) Tj ET Q q 0 0 0 rg BT 195.91 267.75 Td (hedge ) Tj ET Q q 0 0 0 rg BT 227.00 267.75 Td (ef) Tj ET Q q 0 0 0 rg BT 235.16 267.75 Td (fective ) Tj ET Q q 0 0 0 rg BT 267.34 267.75 Td (assessment ) Tj ET Q q 0 0 0 rg BT 323.98 267.75 Td (as ) Tj ET Q q 0 0 0 rg BT 337.83 267.75 Td (a ) Tj ET Q q 0 0 0 rg BT 346.67 267.75 Td (component ) Tj ET Q q 0 0 0 rg BT 399.43 267.75 Td (of ) Tj ET Q q 0 0 0 rg BT 410.41 267.75 Td (AOCI ) Tj ET Q q 0 0 0 rg BT 438.14 267.75 Td (and ) Tj ET Q q 0 0 0 rg BT 458.11 267.75 Td (subsequently ) Tj ET Q q 0 0 0 rg BT 520.32 267.75 Td (reclassify ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 255.75 Td (these ) Tj ET Q q 0 0 0 rg BT 77.28 255.75 Td (gains ) Tj ET Q q 0 0 0 rg BT 104.00 255.75 Td (and ) Tj ET Q q 0 0 0 rg BT 123.49 255.75 Td (losses ) Tj ET Q q 0 0 0 rg BT 154.65 255.75 Td (to ) Tj ET Q q 0 0 0 rg BT 165.81 255.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 209.76 255.75 Td (when ) Tj ET Q q 0 0 0 rg BT 236.48 255.75 Td (the ) Tj ET Q q 0 0 0 rg BT 253.19 255.75 Td (hedged ) Tj ET Q q 0 0 0 rg BT 289.37 255.75 Td (transactions ) Tj ET Q q 0 0 0 rg BT 346.10 255.75 Td (are ) Tj ET Q q 0 0 0 rg BT 363.37 255.75 Td (recorded. ) Tj ET Q q 0 0 0 rg BT 408.43 255.75 Td (If ) Tj ET Q q 0 0 0 rg BT 416.80 255.75 Td (the ) Tj ET Q q 0 0 0 rg BT 433.51 255.75 Td (hedged ) Tj ET Q q 0 0 0 rg BT 469.70 255.75 Td (transactions ) Tj ET Q q 0 0 0 rg BT 526.43 255.75 Td (become ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 243.75 Td (probable ) Tj ET Q q 0 0 0 rg BT 90.99 243.75 Td (of ) Tj ET Q q 0 0 0 rg BT 101.40 243.75 Td (not ) Tj ET Q q 0 0 0 rg BT 117.37 243.75 Td (occurring, ) Tj ET Q q 0 0 0 rg BT 163.35 243.75 Td (the ) Tj ET Q q 0 0 0 rg BT 179.32 243.75 Td (corresponding ) Tj ET Q q 0 0 0 rg BT 244.77 243.75 Td (amounts ) Tj ET Q q 0 0 0 rg BT 285.19 243.75 Td (in ) Tj ET Q q 0 0 0 rg BT 294.63 243.75 Td (AOCI ) Tj ET Q q 0 0 0 rg BT 321.15 243.75 Td (are ) Tj ET Q q 0 0 0 rg BT 337.67 243.75 Td (immediately ) Tj ET Q q 0 0 0 rg BT 393.09 243.75 Td (reclassified ) Tj ET Q q 0 0 0 rg BT 445.18 243.75 Td (to ) Tj ET Q q 0 0 0 rg BT 455.59 243.75 Td (other ) Tj ET Q q 0 0 0 rg BT 480.46 243.75 Td (income ) Tj ET Q q 0 0 0 rg BT 514.76 243.75 Td (\(expense\), ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 231.75 Td (net.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 66.68 231.75 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 213.75 Td (As ) Tj ET Q q 0 0 0 rg BT 88.46 213.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.58 213.75 Td (March ) Tj ET Q q 0 0 0 rg BT 130.15 213.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 146.83 213.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 169.08 213.75 Td (, ) Tj ET Q q 0 0 0 rg BT 174.64 213.75 Td (the ) Tj ET Q q 0 0 0 rg BT 191.33 213.75 Td (net ) Tj ET Q q 0 0 0 rg BT 208.02 213.75 Td (gain ) Tj ET Q q 0 0 0 rg BT 229.71 213.75 Td (or ) Tj ET Q q 0 0 0 rg BT 241.39 213.75 Td (loss ) Tj ET Q q 0 0 0 rg BT 261.95 213.75 Td (of ) Tj ET Q q 0 0 0 rg BT 273.08 213.75 Td (our ) Tj ET Q q 0 0 0 rg BT 290.32 213.75 Td (foreign ) Tj ET Q q 0 0 0 rg BT 323.68 213.75 Td (currency ) Tj ET Q q 0 0 0 rg BT 364.81 213.75 Td (cash ) Tj ET Q q 0 0 0 rg BT 388.72 213.75 Td (flow ) Tj ET Q q 0 0 0 rg BT 409.29 213.75 Td (hedges ) Tj ET Q q 0 0 0 rg BT 444.88 213.75 Td (before ) Tj ET Q q 0 0 0 rg BT 476.02 213.75 Td (tax ) Tj ET Q q 0 0 0 rg BT 492.14 213.75 Td (ef) Tj ET Q q 0 0 0 rg BT 500.30 213.75 Td (fect ) Tj ET Q q 0 0 0 rg BT 519.21 213.75 Td (was ) Tj ET Q q 0 0 0 rg BT 539.77 213.75 Td (a ) Tj ET Q q 0 0 0 rg BT 548.12 213.75 Td (net ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 201.75 Td (accumulated ) Tj ET Q q 0 0 0 rg BT 110.13 201.75 Td (loss ) Tj ET Q q 0 0 0 rg BT 131.34 201.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 143.11 201.75 Td ($296 ) Tj ET Q q 0 0 0 rg BT 168.78 201.75 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 197.12 201.75 Td (, ) Tj ET Q q 0 0 0 rg BT 203.33 201.75 Td (of ) Tj ET Q q 0 0 0 rg BT 215.10 201.75 Td (which ) Tj ET Q q 0 0 0 rg BT 244.09 201.75 Td (a ) Tj ET Q q 0 0 0 rg BT 253.08 201.75 Td (net ) Tj ET Q q 0 0 0 rg BT 270.41 201.75 Td (loss ) Tj ET Q q 0 0 0 rg BT 291.62 201.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.39 201.75 Td ($296 ) Tj ET Q q 0 0 0 rg BT 329.06 201.75 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.40 201.75 Td ( ) Tj ET Q q 0 0 0 rg BT 360.83 201.75 Td (is ) Tj ET Q q 0 0 0 rg BT 371.48 201.75 Td (expected ) Tj ET Q q 0 0 0 rg BT 415.50 201.75 Td (to ) Tj ET Q q 0 0 0 rg BT 427.26 201.75 Td (be ) Tj ET Q q 0 0 0 rg BT 441.81 201.75 Td (reclassified ) Tj ET Q q 0 0 0 rg BT 495.26 201.75 Td (from ) Tj ET Q q 0 0 0 rg BT 518.01 201.75 Td (AOCI ) Tj ET Q q 0 0 0 rg BT 545.89 201.75 Td (into ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 189.75 Td (earnings ) Tj ET Q q 0 0 0 rg BT 91.14 189.75 Td (within ) Tj ET Q q 0 0 0 rg BT 119.48 189.75 Td (the ) Tj ET Q q 0 0 0 rg BT 136.16 189.75 Td (next ) Tj ET Q q 0 0 0 rg BT 157.84 189.75 Td (12 ) Tj ET Q q 0 0 0 rg BT 171.74 189.75 Td (months.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 72.50 171.75 Td (Fair ) Tj ET Q q 0 0 0 rg BT 93.62 171.75 Td (V) Tj ET Q q 0 0 0 rg BT 99.92 171.75 Td (alue ) Tj ET Q q 0 0 0 rg BT 122.71 171.75 Td (Hedges) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 153.75 Td (W) Tj ET Q q 0 0 0 rg BT 83.26 153.75 Td (e ) Tj ET Q q 0 0 0 rg BT 91.82 153.75 Td (use ) Tj ET Q q 0 0 0 rg BT 110.94 153.75 Td (forward ) Tj ET Q q 0 0 0 rg BT 147.28 153.75 Td (contracts ) Tj ET Q q 0 0 0 rg BT 190.84 153.75 Td (designated ) Tj ET Q q 0 0 0 rg BT 242.77 153.75 Td (as ) Tj ET Q q 0 0 0 rg BT 256.33 153.75 Td (fair ) Tj ET Q q 0 0 0 rg BT 273.22 153.75 Td (value ) Tj ET Q q 0 0 0 rg BT 300.12 153.75 Td (hedges ) Tj ET Q q 0 0 0 rg BT 335.93 153.75 Td (to ) Tj ET Q q 0 0 0 rg BT 347.26 153.75 Td (hedge ) Tj ET Q q 0 0 0 rg BT 378.07 153.75 Td (foreign ) Tj ET Q q 0 0 0 rg BT 411.64 153.75 Td (currency ) Tj ET Q q 0 0 0 rg BT 452.98 153.75 Td (risks ) Tj ET Q q 0 0 0 rg BT 476.53 153.75 Td (for ) Tj ET Q q 0 0 0 rg BT 491.19 153.75 Td (our ) Tj ET Q q 0 0 0 rg BT 508.64 153.75 Td (investments ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 141.75 Td (denominated ) Tj ET Q q 0 0 0 rg BT 110.39 141.75 Td (in ) Tj ET Q q 0 0 0 rg BT 120.73 141.75 Td (currencies ) Tj ET Q q 0 0 0 rg BT 169.43 141.75 Td (other ) Tj ET Q q 0 0 0 rg BT 194.78 141.75 Td (than ) Tj ET Q q 0 0 0 rg BT 216.81 141.75 Td (the ) Tj ET Q q 0 0 0 rg BT 233.27 141.75 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 255.29 141.75 Td (dollar) Tj ET Q q 0 0 0 rg BT 279.19 141.75 Td (. ) Tj ET Q q 0 0 0 rg BT 284.54 141.75 Td (W) Tj ET Q q 0 0 0 rg BT 293.79 141.75 Td (e ) Tj ET Q q 0 0 0 rg BT 301.92 141.75 Td (exclude ) Tj ET Q q 0 0 0 rg BT 338.95 141.75 Td (changes ) Tj ET Q q 0 0 0 rg BT 379.32 141.75 Td (in ) Tj ET Q q 0 0 0 rg BT 389.67 141.75 Td (forward ) Tj ET Q q 0 0 0 rg BT 425.58 141.75 Td (points ) Tj ET Q q 0 0 0 rg BT 454.83 141.75 Td (for ) Tj ET Q q 0 0 0 rg BT 469.06 141.75 Td (the ) Tj ET Q q 0 0 0 rg BT 485.53 141.75 Td (forward ) Tj ET Q q 0 0 0 rg BT 521.43 141.75 Td (contracts ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 129.75 Td (from ) Tj ET Q q 0 0 0 rg BT 73.84 129.75 Td (the ) Tj ET Q q 0 0 0 rg BT 91.59 129.75 Td (assessment ) Tj ET Q q 0 0 0 rg BT 148.79 129.75 Td (of ) Tj ET Q q 0 0 0 rg BT 160.97 129.75 Td (hedge ) Tj ET Q q 0 0 0 rg BT 192.62 129.75 Td (ef) Tj ET Q q 0 0 0 rg BT 200.78 129.75 Td (fectiveness. ) Tj ET Q q 0 0 0 rg BT 257.42 129.75 Td (W) Tj ET Q q 0 0 0 rg BT 266.68 129.75 Td (e ) Tj ET Q q 0 0 0 rg BT 276.09 129.75 Td (recognize ) Tj ET Q q 0 0 0 rg BT 323.29 129.75 Td (changes ) Tj ET Q q 0 0 0 rg BT 364.94 129.75 Td (in ) Tj ET Q q 0 0 0 rg BT 376.57 129.75 Td (the ) Tj ET Q q 0 0 0 rg BT 394.31 129.75 Td (excluded ) Tj ET Q q 0 0 0 rg BT 438.18 129.75 Td (component ) Tj ET Q q 0 0 0 rg BT 491.51 129.75 Td (in ) Tj ET Q q 0 0 0 rg BT 503.13 129.75 Td (other ) Tj ET Q q 0 0 0 rg BT 529.77 129.75 Td (income ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 117.75 Td (\(expense\), ) Tj ET Q q 0 0 0 rg BT 99.51 117.75 Td (net. ) Tj ET Q q 0 0 0 rg BT 118.30 117.75 Td (The ) Tj ET Q q 0 0 0 rg BT 137.79 117.75 Td (notional ) Tj ET Q q 0 0 0 rg BT 175.08 117.75 Td (principal ) Tj ET Q q 0 0 0 rg BT 214.58 117.75 Td (of ) Tj ET Q q 0 0 0 rg BT 225.18 117.75 Td (these ) Tj ET Q q 0 0 0 rg BT 251.91 117.75 Td (contracts ) Tj ET Q q 0 0 0 rg BT 294.74 117.75 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 314.78 117.75 Td ($2.9 ) Tj ET Q q 0 0 0 rg BT 336.50 117.75 Td (billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.07 117.75 Td ( ) Tj ET Q q 0 0 0 rg BT 364.33 117.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.28 117.75 Td ($2.8 ) Tj ET Q q 0 0 0 rg BT 405.00 117.75 Td (billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.57 117.75 Td ( ) Tj ET Q q 0 0 0 rg BT 432.83 117.75 Td (as ) Tj ET Q q 0 0 0 rg BT 445.66 117.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.26 117.75 Td (December ) Tj ET Q q 0 0 0 rg BT 504.64 117.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 520.81 117.75 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.05 117.75 Td ( ) Tj ET Q q 0 0 0 rg BT 545.31 117.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 105.75 Td (March ) Tj ET Q q 0 0 0 rg BT 80.56 105.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 97.24 105.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 119.49 105.75 Td (, ) Tj ET Q q 0 0 0 rg BT 125.04 105.75 Td (respectively) Tj ET Q q 0 0 0 rg BT 177.10 105.75 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 87.75 Td (Gains ) Tj ET Q q 0 0 0 rg BT 103.94 87.75 Td (and ) Tj ET Q q 0 0 0 rg BT 124.44 87.75 Td (losses ) Tj ET Q q 0 0 0 rg BT 156.60 87.75 Td (on ) Tj ET Q q 0 0 0 rg BT 171.54 87.75 Td (these ) Tj ET Q q 0 0 0 rg BT 199.83 87.75 Td (forward ) Tj ET Q q 0 0 0 rg BT 236.99 87.75 Td (contracts ) Tj ET Q q 0 0 0 rg BT 281.38 87.75 Td (are ) Tj ET Q q 0 0 0 rg BT 299.65 87.75 Td (recognized ) Tj ET Q q 0 0 0 rg BT 352.38 87.75 Td (in ) Tj ET Q q 0 0 0 rg BT 363.99 87.75 Td (other ) Tj ET Q q 0 0 0 rg BT 390.60 87.75 Td (income ) Tj ET Q q 0 0 0 rg BT 426.65 87.75 Td (\(expense\), ) Tj ET Q q 0 0 0 rg BT 477.71 87.75 Td (net, ) Tj ET Q q 0 0 0 rg BT 498.21 87.75 Td (along ) Tj ET Q q 0 0 0 rg BT 526.50 87.75 Td (with ) Tj ET Q q 0 0 0 rg BT 548.10 87.75 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 75.75 Td (of) Tj ET Q q 0 0 0 rg BT 58.16 75.75 Td (fsetting ) Tj ET Q q 0 0 0 rg BT 93.18 75.75 Td (gains ) Tj ET Q q 0 0 0 rg BT 119.86 75.75 Td (and ) Tj ET Q q 0 0 0 rg BT 139.33 75.75 Td (losses ) Tj ET Q q 0 0 0 rg BT 170.45 75.75 Td (of ) Tj ET Q q 0 0 0 rg BT 181.57 75.75 Td (the ) Tj ET Q q 0 0 0 rg BT 198.25 75.75 Td (related ) Tj ET Q q 0 0 0 rg BT 231.60 75.75 Td (hedged ) Tj ET Q q 0 0 0 rg BT 267.75 75.75 Td (items.) Tj ET Q endstream endobj 37 0 obj <>] /Rotate 0 /Contents 38 0 R>> endobj 38 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 53 767.1939453125 m 130.8271484375 767.1939453125 l s q 0 0 1 rg BT 53.00 768.62 Td (T) Tj ET Q q 0 0 1 rg BT 58.00 768.62 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.396078431372549 0.396078431372549 0.396078431372549 rg BT 494.20 768.62 Td (Alphabet Inc.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.40 31.25 Td (16) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 72.50 741.75 Td (Other ) Tj ET Q q 0 0 0 rg BT 101.95 741.75 Td (Derivatives) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 723.75 Td (Other ) Tj ET Q q 0 0 0 rg BT 102.06 723.75 Td (derivatives ) Tj ET Q q 0 0 0 rg BT 152.92 723.75 Td (not ) Tj ET Q q 0 0 0 rg BT 169.87 723.75 Td (designated ) Tj ET Q q 0 0 0 rg BT 221.86 723.75 Td (as ) Tj ET Q q 0 0 0 rg BT 235.48 723.75 Td (hedging ) Tj ET Q q 0 0 0 rg BT 274.12 723.75 Td (instruments ) Tj ET Q q 0 0 0 rg BT 328.86 723.75 Td (consist ) Tj ET Q q 0 0 0 rg BT 363.04 723.75 Td (of ) Tj ET Q q 0 0 0 rg BT 374.44 723.75 Td (foreign ) Tj ET Q q 0 0 0 rg BT 408.07 723.75 Td (currency ) Tj ET Q q 0 0 0 rg BT 449.47 723.75 Td (forward ) Tj ET Q q 0 0 0 rg BT 485.87 723.75 Td (contracts ) Tj ET Q q 0 0 0 rg BT 529.49 723.75 Td (that ) Tj ET Q q 0 0 0 rg BT 549.23 723.75 Td (we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 711.75 Td (use ) Tj ET Q q 0 0 0 rg BT 68.46 711.75 Td (to ) Tj ET Q q 0 0 0 rg BT 79.14 711.75 Td (hedge ) Tj ET Q q 0 0 0 rg BT 109.28 711.75 Td (intercompany ) Tj ET Q q 0 0 0 rg BT 171.65 711.75 Td (transactions ) Tj ET Q q 0 0 0 rg BT 227.90 711.75 Td (and ) Tj ET Q q 0 0 0 rg BT 246.92 711.75 Td (other ) Tj ET Q q 0 0 0 rg BT 272.06 711.75 Td (monetary ) Tj ET Q q 0 0 0 rg BT 316.08 711.75 Td (assets ) Tj ET Q q 0 0 0 rg BT 347.32 711.75 Td (or ) Tj ET Q q 0 0 0 rg BT 358.54 711.75 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 398.68 711.75 Td (denominated ) Tj ET Q q 0 0 0 rg BT 458.83 711.75 Td (in ) Tj ET Q q 0 0 0 rg BT 468.96 711.75 Td (currencies ) Tj ET Q q 0 0 0 rg BT 517.42 711.75 Td (other ) Tj ET Q q 0 0 0 rg BT 542.55 711.75 Td (than ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 699.75 Td (the ) Tj ET Q q 0 0 0 rg BT 66.81 699.75 Td (local ) Tj ET Q q 0 0 0 rg BT 90.29 699.75 Td (currency ) Tj ET Q q 0 0 0 rg BT 131.55 699.75 Td (of ) Tj ET Q q 0 0 0 rg BT 142.80 699.75 Td (a ) Tj ET Q q 0 0 0 rg BT 151.27 699.75 Td (subsidiary) Tj ET Q q 0 0 0 rg BT 195.55 699.75 Td (. ) Tj ET Q q 0 0 0 rg BT 201.24 699.75 Td (W) Tj ET Q q 0 0 0 rg BT 210.49 699.75 Td (e ) Tj ET Q q 0 0 0 rg BT 218.97 699.75 Td (recognize ) Tj ET Q q 0 0 0 rg BT 265.24 699.75 Td (gains ) Tj ET Q q 0 0 0 rg BT 292.05 699.75 Td (and ) Tj ET Q q 0 0 0 rg BT 311.65 699.75 Td (losses ) Tj ET Q q 0 0 0 rg BT 342.91 699.75 Td (on ) Tj ET Q q 0 0 0 rg BT 356.94 699.75 Td (these ) Tj ET Q q 0 0 0 rg BT 384.31 699.75 Td (contracts, ) Tj ET Q q 0 0 0 rg BT 430.58 699.75 Td (as ) Tj ET Q q 0 0 0 rg BT 444.05 699.75 Td (well ) Tj ET Q q 0 0 0 rg BT 464.19 699.75 Td (as ) Tj ET Q q 0 0 0 rg BT 477.66 699.75 Td (the ) Tj ET Q q 0 0 0 rg BT 494.47 699.75 Td (related ) Tj ET Q q 0 0 0 rg BT 527.96 699.75 Td (costs ) Tj ET Q q 0 0 0 rg BT 554.21 699.75 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 687.75 Td (other ) Tj ET Q q 0 0 0 rg BT 75.32 687.75 Td (income ) Tj ET Q q 0 0 0 rg BT 110.09 687.75 Td (\(expense\), ) Tj ET Q q 0 0 0 rg BT 159.87 687.75 Td (net, ) Tj ET Q q 0 0 0 rg BT 179.08 687.75 Td (along ) Tj ET Q q 0 0 0 rg BT 206.07 687.75 Td (with ) Tj ET Q q 0 0 0 rg BT 226.39 687.75 Td (the ) Tj ET Q q 0 0 0 rg BT 242.82 687.75 Td (foreign ) Tj ET Q q 0 0 0 rg BT 275.93 687.75 Td (currency ) Tj ET Q q 0 0 0 rg BT 316.80 687.75 Td (gains ) Tj ET Q q 0 0 0 rg BT 343.24 687.75 Td (and ) Tj ET Q q 0 0 0 rg BT 362.45 687.75 Td (losses ) Tj ET Q q 0 0 0 rg BT 393.33 687.75 Td (on ) Tj ET Q q 0 0 0 rg BT 406.98 687.75 Td (monetary ) Tj ET Q q 0 0 0 rg BT 451.20 687.75 Td (assets ) Tj ET Q q 0 0 0 rg BT 482.63 687.75 Td (and ) Tj ET Q q 0 0 0 rg BT 501.84 687.75 Td (liabilities. ) Tj ET Q q 0 0 0 rg BT 544.78 687.75 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 675.75 Td (notional ) Tj ET Q q 0 0 0 rg BT 88.19 675.75 Td (principal ) Tj ET Q q 0 0 0 rg BT 128.59 675.75 Td (of ) Tj ET Q q 0 0 0 rg BT 140.09 675.75 Td (the ) Tj ET Q q 0 0 0 rg BT 157.15 675.75 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 212.02 675.75 Td (foreign ) Tj ET Q q 0 0 0 rg BT 245.76 675.75 Td (exchange ) Tj ET Q q 0 0 0 rg BT 292.29 675.75 Td (contracts ) Tj ET Q q 0 0 0 rg BT 336.02 675.75 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.97 675.75 Td ($15.2 ) Tj ET Q q 0 0 0 rg BT 385.15 675.75 Td (billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.72 675.75 Td ( ) Tj ET Q q 0 0 0 rg BT 413.88 675.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.73 675.75 Td ($20.7 ) Tj ET Q q 0 0 0 rg BT 461.91 675.75 Td (billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.48 675.75 Td ( ) Tj ET Q q 0 0 0 rg BT 490.65 675.75 Td (as ) Tj ET Q q 0 0 0 rg BT 504.37 675.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.87 675.75 Td (December ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 663.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 66.68 663.75 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.93 663.75 Td ( ) Tj ET Q q 0 0 0 rg BT 91.70 663.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 111.17 663.75 Td (March ) Tj ET Q q 0 0 0 rg BT 141.73 663.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 158.41 663.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 180.65 663.75 Td (, ) Tj ET Q q 0 0 0 rg BT 186.21 663.75 Td (respectively) Tj ET Q q 0 0 0 rg BT 238.27 663.75 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 645.75 Td (The ) Tj ET Q q 0 0 0 rg BT 94.01 645.75 Td (fair ) Tj ET Q q 0 0 0 rg BT 110.68 645.75 Td (values ) Tj ET Q q 0 0 0 rg BT 142.36 645.75 Td (of ) Tj ET Q q 0 0 0 rg BT 153.48 645.75 Td (our ) Tj ET Q q 0 0 0 rg BT 170.71 645.75 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 225.20 645.75 Td (derivative ) Tj ET Q q 0 0 0 rg BT 270.78 645.75 Td (instruments ) Tj ET Q q 0 0 0 rg BT 325.24 645.75 Td (were ) Tj ET Q q 0 0 0 rg BT 349.69 645.75 Td (as ) Tj ET Q q 0 0 0 rg BT 363.03 645.75 Td (follows ) Tj ET Q q 0 0 0 rg BT 396.38 645.75 Td (\(in ) Tj ET Q q 0 0 0 rg BT 410.27 645.75 Td (millions\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 580.25 141.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 190.50 580.25 99.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 289.50 580.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 293.50 580.25 89.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 382.50 580.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.50 580.25 89.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 475.50 580.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 479.50 580.25 82.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 552.25 141.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 190.50 552.25 99.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 289.50 552.25 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 293.50 552.25 89.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 382.50 552.25 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.50 552.25 89.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 475.50 552.25 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 479.50 552.25 82.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 513.25 141.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 190.50 513.25 99.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 289.50 513.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 293.50 513.25 89.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 382.50 513.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.50 513.25 89.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 475.50 513.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 479.50 513.25 82.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 485.25 141.00 -45.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 190.50 485.25 99.00 -45.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 289.50 485.25 4.00 -45.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 293.50 485.25 89.00 -45.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 382.50 485.25 4.00 -45.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.50 485.25 89.00 -45.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 475.50 485.25 4.00 -45.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 479.50 485.25 82.00 -45.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 293.5 617.25 m 382.5 617.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382.5 617.25 m 386.5 617.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 617.25 m 475.5 617.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475.5 617.25 m 479.5 617.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 479.5 617.25 m 561.5 617.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 190.5 580.25 m 289.5 580.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 293.5 580.25 m 382.5 580.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 580.25 m 475.5 580.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 479.5 580.25 m 561.5 580.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 190.5 580.25 m 289.5 580.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 293.5 580.25 m 382.5 580.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 580.25 m 475.5 580.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 479.5 580.25 m 561.5 580.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 293.5 527.25 m 382.5 527.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 293.5 514.25 m 382.5 514.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 293.5 512.25 m 382.5 512.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 527.25 m 475.5 527.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 514.25 m 475.5 514.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 512.25 m 475.5 512.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 479.5 527.25 m 561.5 527.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 479.5 514.25 m 561.5 514.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 479.5 512.25 m 561.5 512.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 293.5 440.25 m 382.5 440.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 293.5 427.25 m 382.5 427.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 293.5 425.25 m 382.5 425.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 440.25 m 475.5 440.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 427.25 m 475.5 427.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 425.25 m 475.5 425.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 479.5 440.25 m 561.5 440.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 479.5 427.25 m 561.5 427.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 479.5 425.25 m 561.5 425.25 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.00 620.93 Td (? Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 193.00 620.93 Td (? Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 379.85 620.93 Td (As of December 31, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 584.87 Td (? Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 54.78 584.87 Td (? Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 194.35 584.48 Td (Balance Sheet Location) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 313.70 608.48 Td (Fair V) Tj ET Q q 0 0 0 rg BT 335.71 608.48 Td (alue of) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 316.15 600.48 Td (Derivatives) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 310.35 592.48 Td (Designated as) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 297.45 584.48 Td (Hedging Instruments) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 406.70 608.48 Td (Fair V) Tj ET Q q 0 0 0 rg BT 428.49 608.48 Td (alue of) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 401.35 600.48 Td (Derivatives Not) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 403.35 592.48 Td (Designated as) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 390.45 584.48 Td (Hedging Instruments) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 490.70 584.48 Td (T) Tj ET Q q 0 0 0 rg BT 494.99 584.48 Td (otal Fair V) Tj ET Q q 0 0 0 rg BT 533.23 584.48 Td (alue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 570.47 Td (Derivative ) Tj ET Q q 0 0 0 rg BT 98.68 570.47 Td (Assets:) Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 52 555.0439453125 m 87.0244140625 555.0439453125 l s q 0 0 0 rg BT 52.00 556.47 Td (Level 2:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 542.47 Td (Foreign exchange contracts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 193.00 542.47 Td (Other current and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 193.00 532.47 Td (non-current assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.00 531.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.50 531.87 Td (51) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.00 531.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.50 531.87 Td (29) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.00 531.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.50 531.87 Td (80) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 517.47 Td (T) Tj ET Q q 0 0 0 rg BT 75.00 517.47 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.00 517.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.50 517.47 Td (51) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.00 517.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.50 517.47 Td (29) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.00 517.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.50 517.47 Td (80) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 503.47 Td (Derivative Liabilities: ) Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 52 488.0439453125 m 87.0244140625 488.0439453125 l s q 0 0 0 rg BT 52.00 489.47 Td (Level 2:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 475.47 Td (Foreign exchange contracts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 193.00 475.47 Td (Accrued expenses ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 193.00 465.47 Td (and other liabilities, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 193.00 455.47 Td (current and non-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 193.00 445.47 Td (current) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.00 444.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.95 444.87 Td (230) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.00 444.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.95 444.87 Td (122) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.00 444.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.95 444.87 Td (352) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 430.47 Td (T) Tj ET Q q 0 0 0 rg BT 75.00 430.47 Td (otal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.00 430.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.95 430.47 Td (230) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.00 430.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.95 430.47 Td (122) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.00 430.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.95 430.47 Td (352) Tj ET Q BT /F1 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 347.25 141.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 191.50 347.25 99.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.50 347.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 294.50 347.25 89.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 383.50 347.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 387.50 347.25 89.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 476.50 347.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 480.50 347.25 82.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 317.25 141.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 191.50 317.25 99.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.50 317.25 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 294.50 317.25 89.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 383.50 317.25 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 387.50 317.25 89.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 476.50 317.25 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 480.50 317.25 82.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 277.25 141.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 191.50 277.25 99.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.50 277.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 294.50 277.25 89.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 383.50 277.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 387.50 277.25 89.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 476.50 277.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 480.50 277.25 82.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 247.25 141.00 -45.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 191.50 247.25 99.00 -45.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.50 247.25 4.00 -45.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 294.50 247.25 89.00 -45.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 383.50 247.25 4.00 -45.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 387.50 247.25 89.00 -45.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 476.50 247.25 4.00 -45.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 480.50 247.25 82.00 -45.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 398.25 m 383.5 398.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 383.5 398.25 m 387.5 398.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 387.5 398.25 m 476.5 398.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 476.5 398.25 m 480.5 398.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 480.5 398.25 m 562.5 398.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 191.5 361.25 m 290.5 361.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 361.25 m 383.5 361.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 387.5 361.25 m 476.5 361.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 480.5 361.25 m 562.5 361.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 292.25 m 383.5 292.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 278.25 m 383.5 278.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 276.25 m 383.5 276.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 387.5 292.25 m 476.5 292.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 387.5 278.25 m 476.5 278.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 387.5 276.25 m 476.5 276.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 480.5 292.25 m 562.5 292.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 480.5 278.25 m 562.5 278.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 480.5 276.25 m 562.5 276.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 202.25 m 383.5 202.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 188.25 m 383.5 188.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 186.25 m 383.5 186.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 387.5 202.25 m 476.5 202.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 387.5 188.25 m 476.5 188.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 387.5 186.25 m 476.5 186.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 480.5 202.25 m 562.5 202.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 480.5 188.25 m 562.5 188.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 480.5 186.25 m 562.5 186.25 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 401.93 Td (? Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 194.00 401.93 Td (? Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 388.40 401.93 Td (As of March 31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 365.87 Td (? Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 55.78 365.87 Td (? Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 195.35 365.48 Td (Balance Sheet Location) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 314.70 389.48 Td (Fair V) Tj ET Q q 0 0 0 rg BT 336.71 389.48 Td (alue of) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 317.15 381.48 Td (Derivatives) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 311.35 373.48 Td (Designated as) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 298.45 365.48 Td (Hedging Instruments) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 407.70 389.48 Td (Fair V) Tj ET Q q 0 0 0 rg BT 429.71 389.48 Td (alue of) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 402.35 381.48 Td (Derivatives Not) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 404.35 373.48 Td (Designated as) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 391.45 365.48 Td (Hedging Instruments) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 491.70 365.48 Td (T) Tj ET Q q 0 0 0 rg BT 496.29 365.48 Td (otal Fair V) Tj ET Q q 0 0 0 rg BT 534.45 365.48 Td (alue) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 406.20 351.48 Td (\(unaudited\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 337.47 Td (Derivative ) Tj ET Q q 0 0 0 rg BT 99.96 337.47 Td (Assets:) Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 53 321.0439453125 m 88.0244140625 321.0439453125 l s q 0 0 0 rg BT 53.00 322.47 Td (Level 2:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 307.47 Td (Foreign exchange contracts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 194.00 307.47 Td (Other current and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 194.00 297.47 Td (non-current assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 297.00 296.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.50 296.87 Td (37) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.00 296.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.95 296.87 Td (149) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.00 296.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.95 296.87 Td (186) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 282.47 Td (T) Tj ET Q q 0 0 0 rg BT 76.55 282.47 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 297.00 281.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.50 281.87 Td (37) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.00 281.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.95 281.87 Td (149) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.00 281.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.95 281.87 Td (186) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 267.47 Td (Derivative Liabilities:) Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 53 251.0439453125 m 88.0244140625 251.0439453125 l s q 0 0 0 rg BT 53.00 252.47 Td (Level 2:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 237.47 Td (Foreign exchange contracts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 194.00 237.47 Td (Accrued expenses ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 194.00 227.47 Td (and other liabilities, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 194.00 217.47 Td (current and non-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 194.00 207.47 Td (current) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 297.00 206.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.95 206.87 Td (285) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.00 206.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.95 206.87 Td (120) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.00 206.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.95 206.87 Td (405) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 192.47 Td (T) Tj ET Q q 0 0 0 rg BT 76.00 192.47 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 297.00 191.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.95 191.87 Td (285) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.00 191.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.95 191.87 Td (120) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.00 191.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.95 191.87 Td (405) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 39 0 obj <>] /Rotate 0 /Contents 40 0 R>> endobj 40 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 53 767.1939453125 m 130.8271484375 767.1939453125 l s q 0 0 1 rg BT 53.00 768.62 Td (T) Tj ET Q q 0 0 1 rg BT 58.00 768.62 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.396078431372549 0.396078431372549 0.396078431372549 rg BT 494.20 768.62 Td (Alphabet Inc.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.40 31.25 Td (17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 741.75 Td (The ) Tj ET Q q 0 0 0 rg BT 93.73 741.75 Td (gains ) Tj ET Q q 0 0 0 rg BT 120.13 741.75 Td (\(losses\) ) Tj ET Q q 0 0 0 rg BT 157.64 741.75 Td (on ) Tj ET Q q 0 0 0 rg BT 171.26 741.75 Td (derivatives ) Tj ET Q q 0 0 0 rg BT 221.55 741.75 Td (in ) Tj ET Q q 0 0 0 rg BT 231.83 741.75 Td (cash ) Tj ET Q q 0 0 0 rg BT 255.45 741.75 Td (flow ) Tj ET Q q 0 0 0 rg BT 275.73 741.75 Td (hedging ) Tj ET Q q 0 0 0 rg BT 313.82 741.75 Td (relationships ) Tj ET Q q 0 0 0 rg BT 372.46 741.75 Td (recognized ) Tj ET Q q 0 0 0 rg BT 423.88 741.75 Td (in ) Tj ET Q q 0 0 0 rg BT 434.16 741.75 Td (other ) Tj ET Q q 0 0 0 rg BT 459.45 741.75 Td (comprehensive ) Tj ET Q q 0 0 0 rg BT 529.76 741.75 Td (income ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 729.75 Td (\(OCI\) ) Tj ET Q q 0 0 0 rg BT 77.22 729.75 Td (is ) Tj ET Q q 0 0 0 rg BT 87.22 729.75 Td (summarized ) Tj ET Q q 0 0 0 rg BT 144.45 729.75 Td (below ) Tj ET Q q 0 0 0 rg BT 173.36 729.75 Td (\(in ) Tj ET Q q 0 0 0 rg BT 187.25 729.75 Td (millions, ) Tj ET Q q 0 0 0 rg BT 226.15 729.75 Td (unaudited\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 642.25 384.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 642.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 642.25 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 642.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 642.25 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 614.25 384.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 614.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 614.25 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 614.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 614.25 60.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 682.25 m 498.5 682.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 682.25 m 502.5 682.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 682.25 m 562.5 682.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 656.25 m 498.5 656.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 656.25 m 502.5 656.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 656.25 m 562.5 656.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 656.25 m 498.5 656.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 642.25 m 498.5 642.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 656.25 m 502.5 656.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 656.25 m 562.5 656.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 642.25 m 562.5 642.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 600.25 m 498.5 600.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 587.25 m 498.5 587.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 585.25 m 498.5 585.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 600.25 m 502.5 600.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 587.25 m 502.5 587.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 585.25 m 502.5 585.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 600.25 m 562.5 600.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 587.25 m 562.5 587.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 585.25 m 562.5 585.25 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 686.48 Td (? Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 460.40 673.48 Td (Three Months Ended) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 660.48 Td (? Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 481.50 660.48 Td (March 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 53.00 646.48 Td (Derivatives in Cash Flow Hedging Relationship) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 459.10 646.48 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 523.10 646.48 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 632.47 Td (Foreign exchange contracts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 618.47 Td (Amount included in the assessment of ef) Tj ET Q q 0 0 0 rg BT 244.92 618.47 Td (fectiveness) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.00 618.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.60 618.47 Td (\(313) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.65 618.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.00 618.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.60 618.47 Td (\(319) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 618.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 604.47 Td (Amount excluded from the assessment of ef) Tj ET Q q 0 0 0 rg BT 259.92 604.47 Td (fectiveness) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.05 604.47 Td (0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.75 604.47 Td (\(7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 604.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 590.47 Td (T) Tj ET Q q 0 0 0 rg BT 82.00 590.47 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.00 590.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.60 590.47 Td (\(313) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.65 590.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.00 590.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.60 590.47 Td (\(326) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 590.47 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 564.00 586.75 Td (? Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 568.75 Td (The ) Tj ET Q q 0 0 0 rg BT 94.01 568.75 Td (ef) Tj ET Q q 0 0 0 rg BT 102.17 568.75 Td (fect ) Tj ET Q q 0 0 0 rg BT 121.07 568.75 Td (of ) Tj ET Q q 0 0 0 rg BT 132.18 568.75 Td (derivative ) Tj ET Q q 0 0 0 rg BT 177.76 568.75 Td (instruments ) Tj ET Q q 0 0 0 rg BT 232.22 568.75 Td (on ) Tj ET Q q 0 0 0 rg BT 246.12 568.75 Td (income ) Tj ET Q q 0 0 0 rg BT 281.14 568.75 Td (is ) Tj ET Q q 0 0 0 rg BT 291.14 568.75 Td (summarized ) Tj ET Q q 0 0 0 rg BT 348.38 568.75 Td (below ) Tj ET Q q 0 0 0 rg BT 377.28 568.75 Td (\(in ) Tj ET Q q 0 0 0 rg BT 391.17 568.75 Td (millions, ) Tj ET Q q 0 0 0 rg BT 430.07 568.75 Td (unaudited\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 479.25 256.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 306.50 479.25 4.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 310.50 479.25 60.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 370.50 479.25 4.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.50 479.25 60.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 479.25 4.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 479.25 60.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 479.25 4.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 479.25 60.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 429.25 256.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 306.50 429.25 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 310.50 429.25 60.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 370.50 429.25 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.50 429.25 60.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 429.25 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 429.25 60.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 429.25 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 429.25 60.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 389.25 256.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 306.50 389.25 4.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 310.50 389.25 60.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 370.50 389.25 4.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.50 389.25 60.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 389.25 4.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 389.25 60.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 389.25 4.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 389.25 60.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 330.25 256.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 306.50 330.25 4.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 310.50 330.25 60.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 370.50 330.25 4.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.50 330.25 60.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 330.25 4.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 330.25 60.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 330.25 4.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 330.25 60.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 281.25 256.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 306.50 281.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 310.50 281.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 370.50 281.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.50 281.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 281.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 281.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 281.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 281.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 251.25 256.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 306.50 251.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 310.50 251.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 370.50 251.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.50 251.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 251.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 251.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 251.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 251.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 212.25 256.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 306.50 212.25 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 310.50 212.25 60.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 370.50 212.25 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.50 212.25 60.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 212.25 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 212.25 60.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 212.25 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 212.25 60.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 172.25 256.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 306.50 172.25 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 310.50 172.25 60.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 370.50 172.25 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.50 172.25 60.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 172.25 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 172.25 60.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 172.25 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 172.25 60.00 -25.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.5 539.25 m 370.5 539.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370.5 539.25 m 374.5 539.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 539.25 m 434.5 539.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434.5 539.25 m 438.5 539.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 539.25 m 498.5 539.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 539.25 m 502.5 539.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 539.25 m 562.5 539.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.5 539.25 m 370.5 539.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370.5 539.25 m 374.5 539.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 539.25 m 434.5 539.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.5 513.25 m 370.5 513.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370.5 513.25 m 374.5 513.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 513.25 m 434.5 513.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434.5 513.25 m 438.5 513.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 513.25 m 498.5 513.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 513.25 m 502.5 513.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 513.25 m 562.5 513.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.5 513.25 m 370.5 513.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.5 500.25 m 370.5 500.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 500.25 m 434.5 500.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 513.25 m 498.5 513.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 500.25 m 498.5 500.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 500.25 m 562.5 500.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.5 500.25 m 370.5 500.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.5 479.25 m 370.5 479.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370.5 500.25 m 374.5 500.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 500.25 m 434.5 500.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 479.25 m 434.5 479.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 500.25 m 498.5 500.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 479.25 m 498.5 479.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 500.25 m 502.5 500.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 500.25 m 562.5 500.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 479.25 m 562.5 479.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.5 479.25 m 370.5 479.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 479.25 m 434.5 479.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 479.25 m 498.5 479.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 479.25 m 562.5 479.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.5 147.25 m 370.5 147.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.5 133.25 m 370.5 133.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.5 131.25 m 370.5 131.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 147.25 m 434.5 147.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 133.25 m 434.5 133.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 131.25 m 434.5 131.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 147.25 m 498.5 147.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 133.25 m 498.5 133.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 131.25 m 498.5 131.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 147.25 m 562.5 147.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 133.25 m 562.5 133.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 131.25 m 562.5 131.25 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 543.48 Td (? Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 358.85 543.73 Td (Gains or \(Losses\) Recognized in Income) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 396.40 530.48 Td (Three Months Ended) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 517.48 Td (? Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 417.50 517.48 Td (March 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 363.10 504.48 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 491.10 504.48 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 321.10 483.48 Td (Revenues) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 378.20 491.48 Td (Other income) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 377.10 483.48 Td (\(expense\), net) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 449.10 483.48 Td (Revenues) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 506.20 491.48 Td (Other income) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 505.10 483.48 Td (\(expense\), net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 469.17 Td (T) Tj ET Q q 0 0 0 rg BT 58.00 469.17 Td (otal amounts presented in the Consolidated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 459.17 Td (Statements of Income in which the ef) Tj ET Q q 0 0 0 rg BT 216.79 459.17 Td (fects of cash flow ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 449.17 Td (and fair 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rg BT 77.00 369.47 Td (income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.00 369.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.95 369.87 Td (217) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.00 369.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.05 369.87 Td (0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.00 369.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.60 369.87 Td (\(247) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.65 369.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.00 369.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.05 369.87 Td (0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 355.17 Td (Amount excluded from the assessment of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 345.17 Td (ef) Tj ET Q q 0 0 0 rg BT 85.16 345.17 Td (fectiveness recognized in earnings based on an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 335.17 Td (amortization approach) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.05 334.87 Td (0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.05 334.87 Td (0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.05 334.87 Td (8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.05 334.87 Td (0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 320.47 Td (Amount excluded from the assessment of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 310.47 Td (ef) Tj ET Q q 0 0 0 rg BT 85.16 310.47 Td (fectiveness) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.05 310.87 Td (0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.50 310.87 Td (26) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.05 310.87 Td (0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.05 310.87 Td (0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 296.17 Td (Gains \(Losses\) on Derivatives in Fair V) Tj ET Q q 0 0 0 rg BT 225.65 296.17 Td (alue Hedging ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 286.17 Td (Relationship:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 271.17 Td (Foreign exchange contracts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 256.17 Td (Hedged items) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.05 255.87 Td (0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.50 255.87 Td (51) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.05 255.87 Td (0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.95 255.87 Td (1) Tj ET Q q 0 0 0 rg BT 547.51 255.87 Td (13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 241.17 Td (Derivatives designated as hedging instruments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.05 240.87 Td (0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.15 240.87 Td (\(51) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 240.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.05 240.87 Td (0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.60 240.87 Td (\(1) Tj ET Q q 0 0 0 rg BT 547.49 240.87 Td (13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 240.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 226.47 Td (Amount excluded from the assessment of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 216.47 Td (ef) Tj ET Q q 0 0 0 rg BT 85.16 216.47 Td (fectiveness) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.05 216.87 Td (0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.05 216.87 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.05 216.87 Td (0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.50 216.87 Td (1) Tj ET Q q 0 0 0 rg BT 553.06 216.87 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 202.17 Td (Gains \(Losses\) on Derivatives Not Designated as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 192.17 Td (Hedging Instruments:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 177.17 Td (Foreign exchange contracts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 157.17 Td (Derivatives not designated as hedging instruments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.05 151.87 Td (0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.60 151.87 Td (\(202) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 151.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.05 151.87 Td (0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.60 151.87 Td (\(100) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 151.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 137.17 Td (T) Tj ET Q q 0 0 0 rg BT 55.00 137.17 Td (otal gains \(losses\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.00 136.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.95 136.87 Td (217) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.00 136.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.60 136.87 Td (\(172) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 136.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.00 136.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.60 136.87 Td (\(239) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.65 136.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.00 136.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 136.87 Td (\(89) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 136.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 41 0 obj <>] /Rotate 0 /Contents 42 0 R>> endobj 42 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 53 767.1939453125 m 130.8271484375 767.1939453125 l s q 0 0 1 rg BT 53.00 768.62 Td (T) Tj ET Q q 0 0 1 rg BT 58.00 768.62 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.396078431372549 0.396078431372549 0.396078431372549 rg BT 494.20 768.62 Td (Alphabet Inc.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.40 31.25 Td (18) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 741.75 Td (Offsetting ) Tj ET Q q 0 0 0 rg BT 100.00 741.75 Td (of ) Tj ET Q q 0 0 0 rg BT 112.21 741.75 Td (Derivatives) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 723.75 Td (W) Tj ET Q q 0 0 0 rg BT 81.76 723.75 Td (e ) Tj ET Q q 0 0 0 rg BT 90.27 723.75 Td (present ) Tj ET Q q 0 0 0 rg BT 126.58 723.75 Td (our ) Tj ET Q q 0 0 0 rg BT 143.98 723.75 Td (forwards ) Tj ET Q q 0 0 0 rg BT 185.27 723.75 Td (and ) Tj ET Q q 0 0 0 rg BT 204.91 723.75 Td (purchased ) Tj ET Q q 0 0 0 rg BT 254.56 723.75 Td (options ) Tj ET Q q 0 0 0 rg BT 289.76 723.75 Td (at ) Tj ET Q q 0 0 0 rg BT 301.05 723.75 Td (gross ) Tj ET Q q 0 0 0 rg BT 328.45 723.75 Td (fair ) Tj ET Q q 0 0 0 rg BT 345.29 723.75 Td (values ) Tj ET Q q 0 0 0 rg BT 377.15 723.75 Td (in ) Tj ET Q q 0 0 0 rg BT 387.88 723.75 Td (the ) Tj ET Q q 0 0 0 rg BT 404.74 723.75 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 466.06 723.75 Td (Balance ) Tj ET Q q 0 0 0 rg BT 505.15 723.75 Td (Sheets. ) Tj ET Q q 0 0 0 rg BT 542.01 723.75 Td (For ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 711.75 Td (foreign ) Tj ET Q q 0 0 0 rg BT 83.51 711.75 Td (currency ) Tj ET Q q 0 0 0 rg BT 124.79 711.75 Td (collars, ) Tj ET Q q 0 0 0 rg BT 159.41 711.75 Td (we ) Tj ET Q q 0 0 0 rg BT 175.13 711.75 Td (present ) Tj ET Q q 0 0 0 rg BT 211.42 711.75 Td (at ) Tj ET Q q 0 0 0 rg BT 222.70 711.75 Td (net ) Tj ET Q q 0 0 0 rg BT 239.53 711.75 Td (fair ) Tj ET Q q 0 0 0 rg BT 256.36 711.75 Td (values ) Tj ET Q q 0 0 0 rg BT 288.21 711.75 Td (where ) Tj ET Q q 0 0 0 rg BT 318.38 711.75 Td (both ) Tj ET Q q 0 0 0 rg BT 340.78 711.75 Td (purchased ) Tj ET Q q 0 0 0 rg BT 390.42 711.75 Td (and ) Tj ET Q q 0 0 0 rg BT 410.04 711.75 Td (written ) Tj ET Q q 0 0 0 rg BT 442.43 711.75 Td (options ) Tj ET Q q 0 0 0 rg BT 477.61 711.75 Td (are ) Tj ET Q q 0 0 0 rg BT 495.00 711.75 Td (with 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0 0 0 rg BT 209.57 421.95 Td (2017) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 229.59 421.95 Td ( ) Tj ET Q q 0 0 0 rg BT 232.01 421.95 Td (and ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 249.44 421.95 Td (March ) Tj ET Q q 0 0 0 rg BT 276.86 421.95 Td (31, ) Tj ET Q q 0 0 0 rg BT 291.79 421.95 Td (2018) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 311.81 421.95 Td ( ) Tj ET Q q 0 0 0 rg BT 314.22 421.95 Td (were ) Tj ET Q q 0 0 0 rg BT 336.15 421.95 Td (related ) Tj ET Q q 0 0 0 rg BT 366.08 421.95 Td (to ) Tj ET Q q 0 0 0 rg BT 376.00 421.95 Td (derivative ) Tj ET Q q 0 0 0 rg BT 416.94 421.95 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 453.37 421.95 Td (which ) Tj ET Q q 0 0 0 rg BT 478.79 421.95 Td (are ) Tj ET Q q 0 0 0 rg BT 494.22 421.95 Td (allowed ) Tj ET Q q 0 0 0 rg BT 527.15 421.95 Td (to ) Tj ET Q q 0 0 0 rg BT 537.07 421.95 Td (be ) Tj ET Q q 0 0 0 rg BT 549.50 421.95 Td (net ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 72.50 411.15 Td (settled ) Tj ET Q q 0 0 0 rg BT 101.52 411.15 Td 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M 206.5 366.65 m 258.5 366.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 258.5 366.65 m 262.5 366.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 262.5 366.65 m 317.5 366.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317.5 366.65 m 331.5 366.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 331.5 366.65 m 383.5 366.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 383.5 366.65 m 397.5 366.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397.5 366.65 m 449.5 366.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 449.5 366.65 m 453.5 366.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 366.65 m 505.5 366.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 505.5 366.65 m 509.5 366.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509.5 366.65 m 561.5 366.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 331.5 347.65 m 383.5 347.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 383.5 347.65 m 397.5 347.65 l s 0 0 0 RG /GS0 gs 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300.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 331.5 300.65 m 383.5 300.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397.5 300.65 m 449.5 300.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 300.65 m 505.5 300.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509.5 300.65 m 561.5 300.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 150.5 257.65 m 202.5 257.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 202.5 257.65 m 206.5 257.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 206.5 257.65 m 258.5 257.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 258.5 257.65 m 262.5 257.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 262.5 257.65 m 317.5 257.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317.5 257.65 m 331.5 257.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 331.5 257.65 m 383.5 257.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 383.5 257.65 m 397.5 257.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397.5 257.65 m 449.5 257.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 449.5 257.65 m 453.5 257.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 257.65 m 505.5 257.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 505.5 257.65 m 509.5 257.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509.5 257.65 m 561.5 257.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 331.5 238.64999999999998 m 383.5 238.64999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 383.5 238.64999999999998 m 397.5 238.64999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397.5 238.64999999999998 m 449.5 238.64999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 449.5 238.64999999999998 m 453.5 238.64999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 238.64999999999998 m 505.5 238.64999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 505.5 238.64999999999998 m 509.5 238.64999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i 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0 0 rg BT 365.15 290.27 Td (\(64) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.65 290.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 386.00 294.29 Td (\(2\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.00 290.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.05 290.27 Td (0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.00 290.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.05 290.27 Td (0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.00 290.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.95 290.27 Td (288) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 320.85 261.65 Td (As of March 31, 2018) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 342.50 249.65 Td (Gross ) Tj ET Q q 0 0 0 rg BT 364.55 249.65 Td (Amounts Not Offset in the Consolidated) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 340.05 242.65 Td (Balance Sheets, but Have Legal Rights to Offset) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 165.85 216.65 Td (Gross) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 156.55 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(\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 265.00 166.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.95 166.27 Td (405) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.00 166.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 359.60 166.27 Td (\(124) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.65 166.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 386.00 170.29 Td (\(2\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.00 166.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.05 166.27 Td (0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.00 166.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.05 166.27 Td (0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.00 166.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.95 166.27 Td (281) Tj ET Q BT /F1 10.00 Tf ET BT /F1 9.00 Tf ET BT /F1 5.85 Tf ET q 0 0 0 rg BT 50.00 155.64 Td (\(2\) ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 72.50 151.35 Td (The ) Tj ET Q q 0 0 0 rg BT 90.81 151.35 Td (balances ) Tj ET Q q 0 0 0 rg BT 129.63 151.35 Td (as ) Tj ET Q q 0 0 0 rg BT 141.93 151.35 Td (of ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 152.24 151.35 Td (December ) Tj ET Q q 0 0 0 rg BT 196.55 151.35 Td (31, ) Tj ET Q q 0 0 0 rg BT 211.86 151.35 Td (2017) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 231.88 151.35 Td ( ) Tj ET Q q 0 0 0 rg BT 234.68 151.35 Td (and ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 252.49 151.35 Td (March ) Tj ET Q q 0 0 0 rg BT 280.29 151.35 Td (31, ) Tj ET Q q 0 0 0 rg BT 295.60 151.35 Td (2018) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 315.62 151.35 Td ( ) Tj ET Q q 0 0 0 rg BT 318.42 151.35 Td (were ) Tj ET Q q 0 0 0 rg BT 340.72 151.35 Td (related ) Tj ET Q q 0 0 0 rg BT 371.04 151.35 Td (to ) Tj ET Q q 0 0 0 rg BT 381.34 151.35 Td (derivative ) Tj ET Q q 0 0 0 rg BT 422.66 151.35 Td (assets ) Tj ET Q q 0 0 0 rg BT 451.47 151.35 Td (which ) Tj ET Q q 0 0 0 rg BT 477.27 151.35 Td (are ) Tj ET Q q 0 0 0 rg BT 493.08 151.35 Td (allowed ) Tj ET Q q 0 0 0 rg BT 526.40 151.35 Td (to ) Tj ET Q q 0 0 0 rg BT 536.70 151.35 Td (be ) Tj ET Q q 0 0 0 rg BT 549.51 151.35 Td (net ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 72.50 140.55 Td (settled ) Tj ET Q q 0 0 0 rg BT 101.52 140.55 Td (against ) Tj ET Q q 0 0 0 rg BT 133.04 140.55 Td (derivative ) Tj ET Q q 0 0 0 rg BT 174.06 140.55 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 210.57 140.55 Td (in ) Tj ET Q q 0 0 0 rg BT 220.08 140.55 Td (accordance ) Tj ET Q q 0 0 0 rg BT 269.11 140.55 Td (with ) Tj ET Q q 0 0 0 rg BT 287.61 140.55 Td (our ) Tj ET Q q 0 0 0 rg BT 303.12 140.55 Td (master ) Tj ET Q q 0 0 0 rg BT 333.13 140.55 Td (netting ) Tj ET Q q 0 0 0 rg BT 362.65 140.55 Td (agreements.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 122.55 Td (Note ) Tj ET Q q 0 0 0 rg BT 75.00 122.55 Td (4. ) Tj ET Q q 0 0 0 rg BT 86.12 122.55 Td ( ) Tj ET Q q 0 0 0 rg BT 88.90 122.55 Td ( ) Tj ET Q q 0 0 0 rg BT 91.67 122.55 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 94.45 122.55 Td (V) Tj ET Q q 0 0 0 rg BT 100.57 122.55 Td (ariable ) Tj ET Q q 0 0 0 rg BT 135.59 122.55 Td (Interest ) Tj ET Q q 0 0 0 rg BT 174.49 122.55 Td (Entities ) Tj ET Q q 0 0 0 rg BT 213.39 122.55 Td (\(VIEs\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 241.73 122.55 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 104.55 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 116.11 104.55 Td (VIEs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 86.55 Td (W) Tj ET Q q 0 0 0 rg BT 81.76 86.55 Td (e ) Tj ET Q q 0 0 0 rg BT 90.61 86.55 Td (consolidate ) Tj ET Q q 0 0 0 rg BT 144.50 86.55 Td (VIEs ) Tj ET Q q 0 0 0 rg BT 168.91 86.55 Td (in ) Tj ET Q q 0 0 0 rg BT 179.99 86.55 Td (which ) Tj ET Q q 0 0 0 rg BT 208.85 86.55 Td (we ) Tj ET Q q 0 0 0 rg BT 224.92 86.55 Td (hold ) Tj ET Q q 0 0 0 rg BT 247.13 86.55 Td (a ) Tj ET Q q 0 0 0 rg BT 255.98 86.55 Td (variable ) Tj ET Q q 0 0 0 rg BT 294.29 86.55 Td (interest ) Tj ET Q q 0 0 0 rg BT 330.38 86.55 Td (and ) Tj ET Q q 0 0 0 rg BT 350.36 86.55 Td (are ) Tj ET Q q 0 0 0 rg BT 368.11 86.55 Td (the ) Tj ET Q q 0 0 0 rg BT 385.30 86.55 Td (primary ) Tj ET Q q 0 0 0 rg BT 421.93 86.55 Td (beneficiary) Tj ET Q q 0 0 0 rg BT 469.55 86.55 Td (. ) Tj ET Q q 0 0 0 rg BT 475.62 86.55 Td (W) Tj ET Q q 0 0 0 rg BT 484.88 86.55 Td (e ) Tj ET Q q 0 0 0 rg BT 493.73 86.55 Td (are ) Tj ET Q q 0 0 0 rg BT 511.48 86.55 Td (the ) Tj ET Q q 0 0 0 rg BT 528.68 86.55 Td (primary ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 74.55 Td (beneficiary ) Tj ET Q q 0 0 0 rg BT 101.45 74.55 Td (because ) Tj ET Q q 0 0 0 rg BT 142.35 74.55 Td (we ) Tj ET Q q 0 0 0 rg BT 158.23 74.55 Td (have ) Tj ET Q q 0 0 0 rg BT 183.01 74.55 Td (the ) Tj ET Q q 0 0 0 rg BT 200.00 74.55 Td (power ) Tj ET Q q 0 0 0 rg BT 230.33 74.55 Td (to ) Tj ET Q q 0 0 0 rg BT 241.77 74.55 Td (direct ) Tj ET Q q 0 0 0 rg BT 269.31 74.55 Td (activities ) Tj ET Q q 0 0 0 rg BT 310.75 74.55 Td (that ) Tj ET Q q 0 0 0 rg BT 330.52 74.55 Td (most ) Tj ET Q q 0 0 0 rg BT 355.29 74.55 Td (significantly ) Tj ET Q q 0 0 0 rg BT 410.07 74.55 Td (af) Tj ET Q q 0 0 0 rg BT 418.23 74.55 Td (fect ) Tj ET Q q 0 0 0 rg BT 437.44 74.55 Td (their ) Tj ET Q q 0 0 0 rg BT 459.99 74.55 Td (economic ) Tj ET Q q 0 0 0 rg BT 505.88 74.55 Td (performance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 62.55 Td (and ) Tj ET Q q 0 0 0 rg BT 69.36 62.55 Td (have ) Tj ET Q q 0 0 0 rg BT 93.71 62.55 Td (the ) Tj ET Q q 0 0 0 rg BT 110.29 62.55 Td (obligation ) Tj ET Q q 0 0 0 rg BT 155.77 62.55 Td (to ) Tj ET Q q 0 0 0 rg BT 166.78 62.55 Td (absorb ) Tj ET Q q 0 0 0 rg BT 200.03 62.55 Td (the ) Tj ET Q q 0 0 0 rg BT 216.61 62.55 Td (majority ) Tj ET Q q 0 0 0 rg BT 254.28 62.55 Td (of ) Tj ET Q q 0 0 0 rg BT 265.30 62.55 Td (their ) Tj ET Q q 0 0 0 rg BT 287.42 62.55 Td (losses ) Tj ET Q q 0 0 0 rg BT 318.44 62.55 Td (or ) Tj ET Q q 0 0 0 rg BT 330.00 62.55 Td (benefits. ) Tj ET Q q 0 0 0 rg BT 370.30 62.55 Td (The ) Tj ET Q q 0 0 0 rg BT 390.21 62.55 Td (results ) Tj ET Q q 0 0 0 rg BT 422.33 62.55 Td (of ) Tj ET Q q 0 0 0 rg BT 433.35 62.55 Td (operations ) Tj ET Q q 0 0 0 rg BT 482.72 62.55 Td (and ) Tj ET Q q 0 0 0 rg BT 502.07 62.55 Td (statements ) Tj ET Q q 0 0 0 rg BT 553.66 62.55 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 50.55 Td (financial ) Tj ET Q q 0 0 0 rg BT 89.47 50.55 Td (position ) Tj ET Q q 0 0 0 rg BT 126.71 50.55 Td (of ) Tj ET Q q 0 0 0 rg BT 137.83 50.55 Td (these ) Tj ET Q q 0 0 0 rg BT 165.07 50.55 Td (VIEs ) Tj ET Q q 0 0 0 rg BT 188.97 50.55 Td (are ) Tj ET Q q 0 0 0 rg BT 206.20 50.55 Td (included ) Tj ET Q q 0 0 0 rg BT 246.23 50.55 Td (in ) Tj ET Q q 0 0 0 rg BT 256.79 50.55 Td (our ) Tj ET Q q 0 0 0 rg BT 274.02 50.55 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 332.95 50.55 Td (financial ) Tj ET Q q 0 0 0 rg BT 372.42 50.55 Td (statements. ) Tj ET Q endstream endobj 43 0 obj <>] /Rotate 0 /Contents 44 0 R>> endobj 44 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 53 767.1939453125 m 130.8271484375 767.1939453125 l s q 0 0 1 rg BT 53.00 768.62 Td (T) Tj ET Q q 0 0 1 rg BT 58.00 768.62 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.396078431372549 0.396078431372549 0.396078431372549 rg BT 494.20 768.62 Td (Alphabet Inc.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.40 31.25 Td (19) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 741.75 Td ( ) Tj ET Q q 0 0 0 rg BT 74.88 741.75 Td (For ) Tj ET Q q 0 0 0 rg BT 92.26 741.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 124.65 741.75 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 183.18 741.75 Td (VIEs, ) Tj ET Q q 0 0 0 rg BT 209.46 741.75 Td (their ) Tj ET Q q 0 0 0 rg BT 231.29 741.75 Td (assets ) Tj ET Q q 0 0 0 rg BT 262.57 741.75 Td (are ) Tj ET Q q 0 0 0 rg BT 279.41 741.75 Td (not ) Tj ET Q q 0 0 0 rg BT 295.69 741.75 Td (available ) Tj ET Q q 0 0 0 rg BT 337.54 741.75 Td (to ) Tj ET Q q 0 0 0 rg BT 348.26 741.75 Td (us ) Tj ET Q q 0 0 0 rg BT 361.20 741.75 Td (and ) Tj ET Q q 0 0 0 rg BT 380.26 741.75 Td (their ) Tj ET Q q 0 0 0 rg BT 402.10 741.75 Td (creditors ) Tj ET Q q 0 0 0 rg BT 442.82 741.75 Td (do ) Tj ET Q q 0 0 0 rg BT 456.32 741.75 Td (not ) Tj ET Q q 0 0 0 rg BT 472.60 741.75 Td (have ) Tj ET Q q 0 0 0 rg BT 496.67 741.75 Td (recourse ) Tj ET Q q 0 0 0 rg BT 537.95 741.75 Td (to ) Tj ET Q q 0 0 0 rg BT 548.67 741.75 Td (us.) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 729.75 Td (As ) Tj ET Q q 0 0 0 rg BT 64.42 729.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.52 729.75 Td (December ) Tj ET Q q 0 0 0 rg BT 124.40 729.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 141.05 729.75 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 163.30 729.75 Td ( ) Tj ET Q q 0 0 0 rg BT 166.05 729.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 185.49 729.75 Td (March ) Tj ET Q q 0 0 0 rg BT 216.03 729.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 232.69 729.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 254.93 729.75 Td (, ) Tj ET Q q 0 0 0 rg BT 260.46 729.75 Td (assets ) Tj ET Q q 0 0 0 rg BT 292.12 729.75 Td (that ) Tj ET Q q 0 0 0 rg BT 311.55 729.75 Td (can ) Tj ET Q q 0 0 0 rg BT 330.43 729.75 Td (only ) Tj ET Q q 0 0 0 rg BT 351.53 729.75 Td (be ) Tj ET Q q 0 0 0 rg BT 365.41 729.75 Td (used ) Tj ET Q q 0 0 0 rg BT 389.84 729.75 Td (to ) Tj ET Q q 0 0 0 rg BT 400.94 729.75 Td (settle ) Tj ET Q q 0 0 0 rg BT 427.59 729.75 Td (obligations ) Tj ET Q q 0 0 0 rg BT 478.16 729.75 Td (of ) Tj ET Q q 0 0 0 rg BT 489.25 729.75 Td (these ) Tj ET Q q 0 0 0 rg BT 516.47 729.75 Td (VIEs ) Tj ET Q q 0 0 0 rg BT 540.34 729.75 Td (were) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 717.75 Td ($1.7 ) Tj ET Q q 0 0 0 rg BT 72.37 717.75 Td (billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 97.94 717.75 Td ( ) Tj ET Q q 0 0 0 rg BT 100.85 717.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 120.44 717.75 Td ($1.5 ) Tj ET Q q 0 0 0 rg BT 142.81 717.75 Td (billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 168.38 717.75 Td (, ) Tj ET Q q 0 0 0 rg BT 174.07 717.75 Td (respectively) Tj ET Q q 0 0 0 rg BT 226.12 717.75 Td (, ) Tj ET Q q 0 0 0 rg BT 231.81 717.75 Td (and ) Tj ET Q q 0 0 0 rg BT 251.40 717.75 Td (the ) Tj ET Q q 0 0 0 rg BT 268.21 717.75 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 308.91 717.75 Td (for ) Tj ET Q q 0 0 0 rg BT 323.49 717.75 Td (which ) Tj ET Q q 0 0 0 rg BT 351.96 717.75 Td (creditors ) Tj ET Q q 0 0 0 rg BT 393.21 717.75 Td (do ) Tj ET Q q 0 0 0 rg BT 407.24 717.75 Td (not ) Tj ET Q q 0 0 0 rg BT 424.05 717.75 Td (have ) Tj ET Q q 0 0 0 rg BT 448.64 717.75 Td (recourse ) Tj ET Q q 0 0 0 rg BT 490.46 717.75 Td (to ) Tj ET Q q 0 0 0 rg BT 501.70 717.75 Td (us ) Tj ET Q q 0 0 0 rg BT 515.17 717.75 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.75 717.75 Td ($997 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 705.75 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.34 705.75 Td ( ) Tj ET Q q 0 0 0 rg BT 81.12 705.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 100.58 705.75 Td ($906 ) Tj ET Q q 0 0 0 rg BT 125.61 705.75 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 153.95 705.75 Td (, ) Tj ET Q q 0 0 0 rg BT 159.50 705.75 Td (respectively) Tj ET Q q 0 0 0 rg BT 211.56 705.75 Td (. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 72.50 687.75 Td (Calico) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 669.75 Td (Calico ) Tj ET Q q 0 0 0 rg BT 102.60 669.75 Td (is ) Tj ET Q q 0 0 0 rg BT 112.14 669.75 Td (a ) Tj ET Q q 0 0 0 rg BT 120.01 669.75 Td (life ) Tj ET Q q 0 0 0 rg BT 135.11 669.75 Td (science ) Tj ET Q q 0 0 0 rg BT 171.33 669.75 Td (company ) Tj ET Q q 0 0 0 rg BT 214.21 669.75 Td (with ) Tj ET Q q 0 0 0 rg BT 234.31 669.75 Td (a ) Tj ET Q q 0 0 0 rg BT 242.19 669.75 Td (mission ) Tj ET Q q 0 0 0 rg BT 278.40 669.75 Td (to ) Tj ET Q q 0 0 0 rg BT 289.05 669.75 Td (harness ) Tj ET Q q 0 0 0 rg BT 326.94 669.75 Td (advanced ) Tj ET Q q 0 0 0 rg BT 372.62 669.75 Td (technologies ) Tj ET Q q 0 0 0 rg BT 431.08 669.75 Td (to ) Tj ET Q q 0 0 0 rg BT 441.74 669.75 Td (increase ) Tj ET Q q 0 0 0 rg BT 481.85 669.75 Td (our ) Tj ET Q q 0 0 0 rg BT 498.61 669.75 Td (understanding ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 657.75 Td (of ) Tj ET Q q 0 0 0 rg BT 60.81 657.75 Td (the ) Tj ET Q q 0 0 0 rg BT 77.18 657.75 Td (biology ) Tj ET Q q 0 0 0 rg BT 111.35 657.75 Td (that ) Tj ET Q q 0 0 0 rg BT 130.50 657.75 Td (controls ) Tj ET Q q 0 0 0 rg BT 167.98 657.75 Td (lifespan. ) Tj ET Q q 0 0 0 rg BT 207.21 657.75 Td (As ) Tj ET Q q 0 0 0 rg BT 221.35 657.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 232.16 657.75 Td (March ) Tj ET Q q 0 0 0 rg BT 262.42 657.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 278.79 657.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.04 657.75 Td (, ) Tj ET Q q 0 0 0 rg BT 306.29 657.75 Td (we ) Tj ET Q q 0 0 0 rg BT 321.54 657.75 Td (have ) Tj ET Q q 0 0 0 rg BT 345.70 657.75 Td (contributed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.65 657.75 Td ($240 ) Tj ET Q q 0 0 0 rg BT 422.37 657.75 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.71 657.75 Td ( ) Tj ET Q q 0 0 0 rg BT 453.18 657.75 Td (to ) Tj ET Q q 0 0 0 rg BT 463.99 657.75 Td (Calico ) Tj ET Q q 0 0 0 rg BT 494.25 657.75 Td (in ) Tj ET Q q 0 0 0 rg BT 504.50 657.75 Td (exchange ) Tj ET Q q 0 0 0 rg BT 550.34 657.75 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 645.75 Td (Calico ) Tj ET Q q 0 0 0 rg BT 80.57 645.75 Td (convertible ) Tj ET Q q 0 0 0 rg BT 131.70 645.75 Td (preferred ) Tj ET Q q 0 0 0 rg BT 175.06 645.75 Td (units ) Tj ET Q q 0 0 0 rg BT 198.96 645.75 Td (and ) Tj ET Q q 0 0 0 rg BT 218.42 645.75 Td (are ) Tj ET Q q 0 0 0 rg BT 235.65 645.75 Td (committed ) Tj ET Q q 0 0 0 rg BT 284.56 645.75 Td (to ) Tj ET Q q 0 0 0 rg BT 295.67 645.75 Td (fund ) Tj ET Q q 0 0 0 rg BT 317.92 645.75 Td (an ) Tj ET Q q 0 0 0 rg BT 331.82 645.75 Td (additional ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.41 645.75 Td ($490 ) Tj ET Q q 0 0 0 rg BT 402.43 645.75 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.77 645.75 Td ( ) Tj ET Q q 0 0 0 rg BT 433.55 645.75 Td (on ) Tj ET Q q 0 0 0 rg BT 447.45 645.75 Td (an ) Tj ET Q q 0 0 0 rg BT 461.35 645.75 Td (as-needed ) Tj ET Q q 0 0 0 rg BT 511.39 645.75 Td (basis. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 627.75 Td (In ) Tj ET Q q 0 0 0 rg BT 84.84 627.75 Td (September ) Tj ET Q q 0 0 0 rg BT 137.76 627.75 Td (2014, ) Tj ET Q q 0 0 0 rg BT 165.99 627.75 Td (AbbV) Tj ET Q q 0 0 0 rg BT 190.27 627.75 Td (ie ) Tj ET Q q 0 0 0 rg BT 202.06 627.75 Td (Inc. ) Tj ET Q q 0 0 0 rg BT 222.18 627.75 Td (\(AbbV) Tj ET Q q 0 0 0 rg BT 249.79 627.75 Td (ie\) ) Tj ET Q q 0 0 0 rg BT 264.91 627.75 Td (and ) Tj ET Q q 0 0 0 rg BT 285.59 627.75 Td (Calico ) Tj ET Q q 0 0 0 rg BT 317.38 627.75 Td (announced ) Tj ET Q q 0 0 0 rg BT 370.88 627.75 Td (a ) Tj ET Q q 0 0 0 rg BT 380.44 627.75 Td (research ) Tj ET Q q 0 0 0 rg BT 423.35 627.75 Td (and ) Tj ET Q q 0 0 0 rg BT 444.04 627.75 Td (development ) Tj ET Q q 0 0 0 rg BT 505.30 627.75 Td (collaboration ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 615.75 Td (agreement ) Tj ET Q q 0 0 0 rg BT 101.04 615.75 Td (intended ) Tj ET Q q 0 0 0 rg BT 142.64 615.75 Td (to ) Tj ET Q q 0 0 0 rg BT 154.21 615.75 Td (help ) Tj ET Q q 0 0 0 rg BT 176.35 615.75 Td (both ) Tj ET Q q 0 0 0 rg BT 199.04 615.75 Td (companies ) Tj ET Q q 0 0 0 rg BT 250.63 615.75 Td (discover) Tj ET Q q 0 0 0 rg BT 287.32 615.75 Td (, ) Tj ET Q q 0 0 0 rg BT 293.33 615.75 Td (develop, ) Tj ET Q q 0 0 0 rg BT 334.37 615.75 Td (and ) Tj ET Q q 0 0 0 rg BT 354.28 615.75 Td (bring ) Tj ET Q q 0 0 0 rg BT 379.75 615.75 Td (to ) Tj ET Q q 0 0 0 rg BT 391.32 615.75 Td (market ) Tj ET Q q 0 0 0 rg BT 425.12 615.75 Td (new ) Tj ET Q q 0 0 0 rg BT 446.69 615.75 Td (therapies ) Tj ET Q q 0 0 0 rg BT 491.06 615.75 Td (for ) Tj ET Q q 0 0 0 rg BT 505.96 615.75 Td (patients ) Tj ET Q q 0 0 0 rg BT 544.22 615.75 Td (with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 603.75 Td (age-related ) Tj ET Q q 0 0 0 rg BT 103.54 603.75 Td (diseases, ) Tj ET Q q 0 0 0 rg BT 148.74 603.75 Td (including ) Tj ET Q q 0 0 0 rg BT 191.17 603.75 Td (neurodegeneration ) Tj ET Q q 0 0 0 rg BT 278.08 603.75 Td (and ) Tj ET Q q 0 0 0 rg BT 297.72 603.75 Td (cancer) Tj ET Q q 0 0 0 rg BT 327.18 603.75 Td (. ) Tj ET Q q 0 0 0 rg BT 332.33 603.75 Td (As ) Tj ET Q q 0 0 0 rg BT 346.95 603.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.24 603.75 Td (March ) Tj ET Q q 0 0 0 rg BT 388.98 603.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 405.83 603.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.08 603.75 Td (, ) Tj ET Q q 0 0 0 rg BT 433.23 603.75 Td (AbbV) Tj ET Q q 0 0 0 rg BT 457.51 603.75 Td (ie ) Tj ET Q q 0 0 0 rg BT 468.24 603.75 Td (has ) Tj ET Q q 0 0 0 rg BT 487.32 603.75 Td (contributed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.75 603.75 Td ($750 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 591.75 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.34 591.75 Td ( ) Tj ET Q q 0 0 0 rg BT 80.75 591.75 Td (to ) Tj ET Q q 0 0 0 rg BT 91.50 591.75 Td (fund ) Tj ET Q q 0 0 0 rg BT 113.37 591.75 Td (the ) Tj ET Q q 0 0 0 rg BT 129.68 591.75 Td (collaboration ) Tj ET Q q 0 0 0 rg BT 188.79 591.75 Td (pursuant ) Tj ET Q q 0 0 0 rg BT 230.11 591.75 Td (to ) Tj ET Q q 0 0 0 rg BT 240.86 591.75 Td (the ) Tj ET Q q 0 0 0 rg BT 257.17 591.75 Td (agreement, ) Tj ET Q q 0 0 0 rg BT 310.17 591.75 Td (which ) Tj ET Q q 0 0 0 rg BT 338.14 591.75 Td (reflects ) Tj ET Q q 0 0 0 rg BT 372.78 591.75 Td (its ) Tj ET Q q 0 0 0 rg BT 385.19 591.75 Td (total ) Tj ET Q q 0 0 0 rg BT 406.50 591.75 Td (commitment. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.66 591.75 Td (As ) Tj ET Q q 0 0 0 rg BT 479.74 591.75 Td (of ) Tj ET Q q 0 0 0 rg BT 490.48 591.75 Td (March ) Tj ET Q q 0 0 0 rg BT 520.68 591.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 536.99 591.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.23 591.75 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 579.75 Td (Calico ) Tj ET Q q 0 0 0 rg BT 80.57 579.75 Td (has ) Tj ET Q q 0 0 0 rg BT 99.47 579.75 Td (contributed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 151.72 579.75 Td ($250 ) Tj ET Q q 0 0 0 rg BT 176.75 579.75 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 205.09 579.75 Td ( ) Tj ET Q q 0 0 0 rg BT 207.87 579.75 Td (and ) Tj ET Q q 0 0 0 rg BT 227.33 579.75 Td (committed ) Tj ET Q q 0 0 0 rg BT 276.23 579.75 Td (up ) Tj ET Q q 0 0 0 rg BT 290.13 579.75 Td (to ) Tj ET Q q 0 0 0 rg BT 301.25 579.75 Td (an ) Tj ET Q q 0 0 0 rg BT 315.15 579.75 Td (additional ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.74 579.75 Td ($500 ) Tj ET Q q 0 0 0 rg BT 385.77 579.75 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.11 579.75 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 561.75 Td (Calico ) Tj ET Q q 0 0 0 rg BT 102.89 561.75 Td (has ) Tj ET Q q 0 0 0 rg BT 121.62 561.75 Td (used ) Tj ET Q q 0 0 0 rg BT 145.91 561.75 Td (its ) Tj ET Q q 0 0 0 rg BT 158.52 561.75 Td (scientific ) Tj ET Q q 0 0 0 rg BT 199.47 561.75 Td (expertise ) Tj ET Q q 0 0 0 rg BT 242.65 561.75 Td (to ) Tj ET Q q 0 0 0 rg BT 253.60 561.75 Td (establish ) Tj ET Q q 0 0 0 rg BT 295.67 561.75 Td (a ) Tj ET Q q 0 0 0 rg BT 303.84 561.75 Td (world-class ) Tj ET Q q 0 0 0 rg BT 356.46 561.75 Td (research ) Tj ET Q q 0 0 0 rg BT 397.97 561.75 Td (and ) Tj ET Q q 0 0 0 rg BT 417.26 561.75 Td (development ) Tj ET Q q 0 0 0 rg BT 477.12 561.75 Td (facility) Tj ET Q q 0 0 0 rg BT 504.17 561.75 Td (, ) Tj ET Q q 0 0 0 rg BT 509.55 561.75 Td (with ) Tj ET Q q 0 0 0 rg BT 529.94 561.75 Td (a ) Tj ET Q q 0 0 0 rg BT 538.11 561.75 Td (focus ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 549.75 Td (on ) Tj ET Q q 0 0 0 rg BT 63.92 549.75 Td (drug ) Tj ET Q q 0 0 0 rg BT 86.72 549.75 Td (discovery ) Tj ET Q q 0 0 0 rg BT 131.75 549.75 Td (and ) Tj ET Q q 0 0 0 rg BT 151.23 549.75 Td (early ) Tj ET Q q 0 0 0 rg BT 175.69 549.75 Td (drug ) Tj ET Q q 0 0 0 rg BT 198.50 549.75 Td (development; ) Tj ET Q q 0 0 0 rg BT 261.33 549.75 Td (and ) Tj ET Q q 0 0 0 rg BT 280.25 549.75 Td (AbbV) Tj ET Q q 0 0 0 rg BT 304.54 549.75 Td (ie ) Tj ET Q q 0 0 0 rg BT 315.11 549.75 Td (provides ) Tj ET Q q 0 0 0 rg BT 355.70 549.75 Td (scientific ) Tj ET Q q 0 0 0 rg BT 396.84 549.75 Td (and ) Tj ET Q q 0 0 0 rg BT 416.31 549.75 Td (clinical ) Tj ET Q q 0 0 0 rg BT 449.12 549.75 Td (development ) Tj ET Q q 0 0 0 rg BT 509.17 549.75 Td (support ) Tj ET Q q 0 0 0 rg BT 545.31 549.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 537.75 Td (its ) Tj ET Q q 0 0 0 rg BT 62.27 537.75 Td (commercial ) Tj ET Q q 0 0 0 rg BT 115.65 537.75 Td (expertise ) Tj ET Q q 0 0 0 rg BT 158.49 537.75 Td (to ) Tj ET Q q 0 0 0 rg BT 169.10 537.75 Td (bring ) Tj ET Q q 0 0 0 rg BT 193.60 537.75 Td (new ) Tj ET Q q 0 0 0 rg BT 214.21 537.75 Td (discoveries ) Tj ET Q q 0 0 0 rg BT 266.49 537.75 Td (to ) Tj ET Q q 0 0 0 rg BT 277.10 537.75 Td (market. ) Tj ET Q q 0 0 0 rg BT 312.71 537.75 Td (Both ) Tj ET Q q 0 0 0 rg BT 335.54 537.75 Td (companies ) Tj ET Q q 0 0 0 rg BT 386.17 537.75 Td (share ) Tj ET Q q 0 0 0 rg BT 413.45 537.75 Td (costs ) Tj ET Q q 0 0 0 rg BT 439.05 537.75 Td (and ) Tj ET Q q 0 0 0 rg BT 458.00 537.75 Td (profits ) Tj ET Q q 0 0 0 rg BT 487.50 537.75 Td (equally) Tj ET Q q 0 0 0 rg BT 518.45 537.75 Td (. ) Tj ET Q q 0 0 0 rg BT 523.04 537.75 Td (AbbV) Tj ET Q q 0 0 0 rg BT 547.32 537.75 Td (ie's ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 525.75 Td (contribution ) Tj ET Q q 0 0 0 rg BT 105.35 525.75 Td (has ) Tj ET Q q 0 0 0 rg BT 125.12 525.75 Td (been ) Tj ET Q q 0 0 0 rg BT 151.02 525.75 Td (recorded ) Tj ET Q q 0 0 0 rg BT 194.14 525.75 Td (as ) Tj ET Q q 0 0 0 rg BT 208.35 525.75 Td (a ) Tj ET Q q 0 0 0 rg BT 217.56 525.75 Td (liability ) Tj ET Q q 0 0 0 rg BT 251.22 525.75 Td (on ) Tj ET Q q 0 0 0 rg BT 266.00 525.75 Td (Calico's ) Tj ET Q q 0 0 0 rg BT 304.34 525.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 344.68 525.75 Td (statements, ) Tj ET Q q 0 0 0 rg BT 400.02 525.75 Td (which ) Tj ET Q q 0 0 0 rg BT 429.24 525.75 Td (is ) Tj ET Q q 0 0 0 rg BT 440.11 525.75 Td (reduced ) Tj ET Q q 0 0 0 rg BT 479.90 525.75 Td (and ) Tj ET Q q 0 0 0 rg BT 500.23 525.75 Td (reflected ) Tj ET Q q 0 0 0 rg BT 542.24 525.75 Td (as ) Tj ET Q q 0 0 0 rg BT 556.45 525.75 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 513.75 Td (reduction ) Tj ET Q q 0 0 0 rg BT 93.92 513.75 Td (to ) Tj ET Q q 0 0 0 rg BT 105.03 513.75 Td (research ) Tj ET Q q 0 0 0 rg BT 146.72 513.75 Td (and ) Tj ET Q q 0 0 0 rg BT 166.18 513.75 Td (development ) Tj ET Q q 0 0 0 rg BT 226.22 513.75 Td (expense ) Tj ET Q q 0 0 0 rg BT 266.81 513.75 Td (as ) Tj ET Q q 0 0 0 rg BT 280.15 513.75 Td (eligible ) Tj ET Q q 0 0 0 rg BT 314.06 513.75 Td (research ) Tj ET Q q 0 0 0 rg BT 355.74 513.75 Td (and ) Tj ET Q q 0 0 0 rg BT 375.21 513.75 Td (development ) Tj ET Q q 0 0 0 rg BT 435.24 513.75 Td (costs ) Tj ET Q q 0 0 0 rg BT 461.36 513.75 Td (are ) Tj ET Q q 0 0 0 rg BT 478.59 513.75 Td (incurred ) Tj ET Q q 0 0 0 rg BT 517.50 513.75 Td (by ) Tj ET Q q 0 0 0 rg BT 530.84 513.75 Td (Calico. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 72.50 495.75 Td (V) Tj ET Q q 0 0 0 rg BT 78.80 495.75 Td (erily) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 477.75 Td (V) Tj ET Q q 0 0 0 rg BT 78.62 477.75 Td (erily ) Tj ET Q q 0 0 0 rg BT 98.82 477.75 Td (is ) Tj ET Q q 0 0 0 rg BT 107.91 477.75 Td (a ) Tj ET Q q 0 0 0 rg BT 115.34 477.75 Td (life ) Tj ET Q q 0 0 0 rg BT 129.99 477.75 Td (science ) Tj ET Q q 0 0 0 rg BT 165.76 477.75 Td (company ) Tj ET Q q 0 0 0 rg BT 208.20 477.75 Td (with ) Tj ET Q q 0 0 0 rg BT 227.85 477.75 Td (a ) Tj ET Q q 0 0 0 rg BT 235.28 477.75 Td (mission ) Tj ET Q q 0 0 0 rg BT 271.04 477.75 Td (to ) Tj ET Q q 0 0 0 rg BT 281.25 477.75 Td (make ) Tj ET Q q 0 0 0 rg BT 307.57 477.75 Td (the ) Tj ET Q q 0 0 0 rg BT 323.34 477.75 Td (world's ) Tj ET Q q 0 0 0 rg BT 356.01 477.75 Td (health ) Tj ET Q q 0 0 0 rg BT 385.12 477.75 Td (data ) Tj ET Q q 0 0 0 rg BT 406.45 477.75 Td (useful ) Tj ET Q q 0 0 0 rg BT 435.00 477.75 Td (so ) Tj ET Q q 0 0 0 rg BT 447.43 477.75 Td (that ) Tj ET Q q 0 0 0 rg BT 465.98 477.75 Td (people ) Tj ET Q q 0 0 0 rg BT 497.87 477.75 Td (enjoy ) Tj ET Q q 0 0 0 rg BT 523.65 477.75 Td (healthier ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 465.75 Td (lives. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 447.75 Td (In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 83.59 447.75 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 105.83 447.75 Td (, ) Tj ET Q q 0 0 0 rg BT 111.18 447.75 Td (T) Tj ET Q q 0 0 0 rg BT 116.18 447.75 Td (emasek, ) Tj ET Q q 0 0 0 rg BT 156.72 447.75 Td (a ) Tj ET Q q 0 0 0 rg BT 165.03 447.75 Td (Singapore-based ) Tj ET Q q 0 0 0 rg BT 243.95 447.75 Td (investment ) Tj ET Q q 0 0 0 rg BT 295.05 447.75 Td (company) Tj ET Q q 0 0 0 rg BT 334.89 447.75 Td (, ) Tj ET Q q 0 0 0 rg BT 340.41 447.75 Td (purchased ) Tj ET Q q 0 0 0 rg BT 389.86 447.75 Td (a ) Tj ET Q q 0 0 0 rg BT 398.17 447.75 Td (noncontrolling ) Tj ET Q q 0 0 0 rg BT 463.19 447.75 Td (interest ) Tj ET Q q 0 0 0 rg BT 498.73 447.75 Td (in ) Tj ET Q q 0 0 0 rg BT 509.26 447.75 Td (V) Tj ET Q q 0 0 0 rg BT 515.38 447.75 Td (erily ) Tj ET Q q 0 0 0 rg BT 536.46 447.75 Td (for ) Tj ET Q q 0 0 0 rg BT 550.88 447.75 Td (an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 435.75 Td (aggregate ) Tj ET Q q 0 0 0 rg BT 97.88 435.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 109.07 435.75 Td ($800 ) Tj ET Q q 0 0 0 rg BT 134.16 435.75 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.50 435.75 Td ( ) Tj ET Q q 0 0 0 rg BT 165.34 435.75 Td (in ) Tj ET Q q 0 0 0 rg BT 175.97 435.75 Td (cash. ) Tj ET Q q 0 0 0 rg BT 202.53 435.75 Td (The ) Tj ET Q q 0 0 0 rg BT 222.61 435.75 Td (transaction ) Tj ET Q q 0 0 0 rg BT 274.37 435.75 Td (is ) Tj ET Q q 0 0 0 rg BT 284.44 435.75 Td (accounted ) Tj ET Q q 0 0 0 rg BT 333.43 435.75 Td (for ) Tj ET Q q 0 0 0 rg BT 347.94 435.75 Td (as ) Tj ET Q q 0 0 0 rg BT 361.35 435.75 Td (an ) Tj ET Q q 0 0 0 rg BT 375.32 435.75 Td (equity ) Tj ET Q q 0 0 0 rg BT 404.85 435.75 Td (transaction ) Tj ET Q q 0 0 0 rg BT 456.61 435.75 Td (and ) Tj ET Q q 0 0 0 rg BT 476.14 435.75 Td (no ) Tj ET Q q 0 0 0 rg BT 490.10 435.75 Td (gain ) Tj ET Q q 0 0 0 rg BT 511.85 435.75 Td (or ) Tj ET Q q 0 0 0 rg BT 523.59 435.75 Td (loss ) Tj ET Q q 0 0 0 rg BT 544.22 435.75 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 423.75 Td (recognized. ) Tj ET Q q 0 0 0 rg BT 104.48 423.75 Td (Noncontrolling ) Tj ET Q q 0 0 0 rg BT 171.19 423.75 Td (interest ) Tj ET Q q 0 0 0 rg BT 206.76 423.75 Td (and ) Tj ET Q q 0 0 0 rg BT 226.23 423.75 Td (net ) Tj ET Q q 0 0 0 rg BT 242.91 423.75 Td (loss ) Tj ET Q q 0 0 0 rg BT 263.47 423.75 Td (attributable ) Tj ET Q q 0 0 0 rg BT 315.73 423.75 Td (to ) Tj ET Q q 0 0 0 rg BT 326.85 423.75 Td (noncontrolling ) Tj ET Q q 0 0 0 rg BT 391.90 423.75 Td (interest ) Tj ET Q q 0 0 0 rg BT 427.48 423.75 Td (were ) Tj ET Q q 0 0 0 rg BT 451.93 423.75 Td (not ) Tj ET Q q 0 0 0 rg BT 468.61 423.75 Td (separately ) Tj ET Q q 0 0 0 rg BT 517.53 423.75 Td (presented ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 411.75 Td (on ) Tj ET Q q 0 0 0 rg BT 63.84 411.75 Td (our ) Tj ET Q q 0 0 0 rg BT 81.02 411.75 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 139.89 411.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 179.30 411.75 Td (statements ) Tj ET Q q 0 0 0 rg BT 230.94 411.75 Td (as ) Tj ET Q q 0 0 0 rg BT 244.22 411.75 Td (of ) Tj ET Q q 0 0 0 rg BT 255.28 411.75 Td (and ) Tj ET Q q 0 0 0 rg BT 274.68 411.75 Td (for ) Tj ET Q q 0 0 0 rg BT 289.08 411.75 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.70 411.75 Td (three ) Tj ET Q q 0 0 0 rg BT 331.21 411.75 Td (months ) Tj ET Q q 0 0 0 rg BT 366.73 411.75 Td (ended ) Tj ET Q q 0 0 0 rg BT 397.26 411.75 Td (March ) Tj ET Q q 0 0 0 rg BT 427.76 411.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 444.38 411.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.63 411.75 Td ( ) Tj ET Q q 0 0 0 rg BT 469.35 411.75 Td (as ) Tj ET Q q 0 0 0 rg BT 482.63 411.75 Td (the ) Tj ET Q q 0 0 0 rg BT 499.25 411.75 Td (amounts ) Tj ET Q q 0 0 0 rg BT 540.33 411.75 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 399.75 Td (not ) Tj ET Q q 0 0 0 rg BT 66.68 399.75 Td (material.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 381.75 Td (Unconsolidated ) Tj ET Q q 0 0 0 rg BT 127.78 381.75 Td (VIEs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 363.75 Td (Certain ) Tj ET Q q 0 0 0 rg BT 109.01 363.75 Td (renewable ) Tj ET Q q 0 0 0 rg BT 157.93 363.75 Td (energy ) Tj ET Q q 0 0 0 rg BT 191.28 363.75 Td (investments ) Tj ET Q q 0 0 0 rg BT 247.41 363.75 Td (included ) Tj ET Q q 0 0 0 rg BT 287.43 363.75 Td (in ) Tj ET Q q 0 0 0 rg BT 297.99 363.75 Td (our ) Tj ET Q q 0 0 0 rg BT 315.22 363.75 Td (non-marketable ) Tj ET Q q 0 0 0 rg BT 387.47 363.75 Td (equity ) Tj ET Q q 0 0 0 rg BT 416.93 363.75 Td (investments ) Tj ET Q q 0 0 0 rg BT 473.06 363.75 Td (accounted ) Tj ET Q q 0 0 0 rg BT 521.98 363.75 Td (for ) Tj ET Q q 0 0 0 rg BT 536.43 363.75 Td (under ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 351.75 Td (the ) Tj ET Q q 0 0 0 rg BT 67.25 351.75 Td (equity ) Tj ET Q q 0 0 0 rg BT 97.28 351.75 Td (method ) Tj ET Q q 0 0 0 rg BT 133.98 351.75 Td (are ) Tj ET Q q 0 0 0 rg BT 151.79 351.75 Td (VIEs. ) Tj ET Q q 0 0 0 rg BT 178.81 351.75 Td (These ) Tj ET Q q 0 0 0 rg BT 209.95 351.75 Td (entities' ) Tj ET Q q 0 0 0 rg BT 246.90 351.75 Td (activities ) Tj ET Q q 0 0 0 rg BT 288.59 351.75 Td (involve ) Tj ET Q q 0 0 0 rg BT 323.06 351.75 Td (power ) Tj ET Q q 0 0 0 rg BT 353.65 351.75 Td (generation ) Tj ET Q q 0 0 0 rg BT 404.26 351.75 Td (using ) Tj ET Q q 0 0 0 rg BT 431.51 351.75 Td (renewable ) Tj ET Q q 0 0 0 rg BT 481.00 351.75 Td (sources. ) Tj ET Q q 0 0 0 rg BT 522.14 351.75 Td (W) Tj ET Q q 0 0 0 rg BT 531.40 351.75 Td (e ) Tj ET Q q 0 0 0 rg BT 540.31 351.75 Td (have ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 339.75 Td (determined ) Tj ET Q q 0 0 0 rg BT 101.85 339.75 Td (that ) Tj ET Q q 0 0 0 rg BT 120.36 339.75 Td (the ) Tj ET Q q 0 0 0 rg BT 136.08 339.75 Td (governance ) Tj ET Q q 0 0 0 rg BT 190.17 339.75 Td (structures ) Tj ET Q q 0 0 0 rg BT 235.90 339.75 Td (of ) Tj ET Q q 0 0 0 rg BT 246.06 339.75 Td (these ) Tj ET Q q 0 0 0 rg BT 272.35 339.75 Td (entities ) Tj ET Q q 0 0 0 rg BT 305.86 339.75 Td (do ) Tj ET Q q 0 0 0 rg BT 318.81 339.75 Td (not ) Tj ET Q q 0 0 0 rg BT 334.53 339.75 Td (allow ) Tj ET Q q 0 0 0 rg BT 359.14 339.75 Td (us ) Tj ET Q q 0 0 0 rg BT 371.53 339.75 Td (to ) Tj ET Q q 0 0 0 rg BT 381.69 339.75 Td (direct ) Tj ET Q q 0 0 0 rg BT 407.97 339.75 Td (the ) Tj ET Q q 0 0 0 rg BT 423.70 339.75 Td (activities ) Tj ET Q q 0 0 0 rg BT 463.87 339.75 Td (that ) Tj ET Q q 0 0 0 rg BT 482.37 339.75 Td (would ) Tj ET Q q 0 0 0 rg BT 510.33 339.75 Td (significantly ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 327.75 Td (af) Tj ET Q q 0 0 0 rg BT 58.16 327.75 Td (fect ) Tj ET Q q 0 0 0 rg BT 76.80 327.75 Td (their ) Tj ET Q q 0 0 0 rg BT 98.78 327.75 Td (economic ) Tj ET Q q 0 0 0 rg BT 144.10 327.75 Td (performance ) Tj ET Q q 0 0 0 rg BT 202.76 327.75 Td (such ) Tj ET Q q 0 0 0 rg BT 226.41 327.75 Td (as ) Tj ET Q q 0 0 0 rg BT 239.50 327.75 Td (setting ) Tj ET Q q 0 0 0 rg BT 271.48 327.75 Td (operating ) Tj ET Q q 0 0 0 rg BT 315.71 327.75 Td (budgets. ) Tj ET Q q 0 0 0 rg BT 356.43 327.75 Td (Therefore, ) Tj ET Q q 0 0 0 rg BT 405.09 327.75 Td (we ) Tj ET Q q 0 0 0 rg BT 420.40 327.75 Td (do ) Tj ET Q q 0 0 0 rg BT 434.04 327.75 Td (not ) Tj ET Q q 0 0 0 rg BT 450.47 327.75 Td (consolidate ) Tj ET Q q 0 0 0 rg BT 503.59 327.75 Td (these ) Tj ET Q q 0 0 0 rg BT 530.57 327.75 Td (VIEs ) Tj ET Q q 0 0 0 rg BT 554.22 327.75 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 315.75 Td (our ) Tj ET Q q 0 0 0 rg BT 67.73 315.75 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 127.16 315.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 167.13 315.75 Td (statements. ) Tj ET Q q 0 0 0 rg BT 221.89 315.75 Td (The ) Tj ET Q q 0 0 0 rg BT 242.40 315.75 Td (carrying ) Tj ET Q q 0 0 0 rg BT 281.24 315.75 Td (value ) Tj ET Q q 0 0 0 rg BT 308.43 315.75 Td (and ) Tj ET Q q 0 0 0 rg BT 328.39 315.75 Td (maximum ) Tj ET Q q 0 0 0 rg BT 375.00 315.75 Td (exposure ) Tj ET Q q 0 0 0 rg BT 419.42 315.75 Td (of ) Tj ET Q q 0 0 0 rg BT 431.04 315.75 Td (these ) Tj ET Q q 0 0 0 rg BT 458.78 315.75 Td (VIEs ) Tj ET Q q 0 0 0 rg BT 483.18 315.75 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.13 315.75 Td ($896 ) Tj ET Q q 0 0 0 rg BT 533.66 315.75 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 562.00 315.75 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 303.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.92 303.75 Td ($877 ) Tj ET Q q 0 0 0 rg BT 95.40 303.75 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 123.74 303.75 Td ( ) Tj ET Q q 0 0 0 rg BT 126.98 303.75 Td (as ) Tj ET Q q 0 0 0 rg BT 140.77 303.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 152.35 303.75 Td (December ) Tj ET Q q 0 0 0 rg BT 201.71 303.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 218.85 303.75 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 241.09 303.75 Td ( ) Tj ET Q q 0 0 0 rg BT 244.33 303.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 264.25 303.75 Td (March ) Tj ET Q q 0 0 0 rg BT 295.27 303.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 312.41 303.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.65 303.75 Td (, ) Tj ET Q q 0 0 0 rg BT 340.67 303.75 Td (respectively) Tj ET Q q 0 0 0 rg BT 392.72 303.75 Td (. ) Tj ET Q q 0 0 0 rg BT 398.52 303.75 Td (The ) Tj ET Q q 0 0 0 rg BT 418.99 303.75 Td (maximum ) Tj ET Q q 0 0 0 rg BT 465.56 303.75 Td (exposure ) Tj ET Q q 0 0 0 rg BT 509.93 303.75 Td (is ) Tj ET Q q 0 0 0 rg BT 520.39 303.75 Td (based ) Tj ET Q q 0 0 0 rg BT 550.87 303.75 Td (on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 291.75 Td (current ) Tj ET Q q 0 0 0 rg BT 85.19 291.75 Td (investments ) Tj ET Q q 0 0 0 rg BT 142.61 291.75 Td (to ) Tj ET Q q 0 0 0 rg BT 155.02 291.75 Td (date. W) Tj ET Q q 0 0 0 rg BT 189.30 291.75 Td (e ) Tj ET Q q 0 0 0 rg BT 198.93 291.75 Td (have ) Tj ET Q q 0 0 0 rg BT 224.68 291.75 Td (determined ) Tj ET Q q 0 0 0 rg BT 278.78 291.75 Td (the ) Tj ET Q q 0 0 0 rg BT 296.75 291.75 Td (single ) Tj ET Q q 0 0 0 rg BT 326.95 291.75 Td (source ) Tj ET Q q 0 0 0 rg BT 361.03 291.75 Td (of ) Tj ET Q q 0 0 0 rg BT 373.44 291.75 Td (our ) Tj ET Q q 0 0 0 rg BT 391.96 291.75 Td (exposure ) Tj ET Q q 0 0 0 rg BT 437.17 291.75 Td (to ) Tj ET Q q 0 0 0 rg BT 449.57 291.75 Td (these ) Tj ET Q q 0 0 0 rg BT 478.10 291.75 Td (VIEs ) Tj ET Q q 0 0 0 rg BT 503.29 291.75 Td (is ) Tj ET Q q 0 0 0 rg BT 514.58 291.75 Td (our ) Tj ET Q q 0 0 0 rg BT 533.10 291.75 Td (capital ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 279.75 Td (investment ) Tj ET Q q 0 0 0 rg BT 101.13 279.75 Td (in ) Tj ET Q q 0 0 0 rg BT 111.69 279.75 Td (them.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 261.75 Td (Other ) Tj ET Q q 0 0 0 rg BT 100.29 261.75 Td (unconsolidated ) Tj ET Q q 0 0 0 rg BT 170.34 261.75 Td (VIEs ) Tj ET Q q 0 0 0 rg BT 194.24 261.75 Td (were ) Tj ET Q q 0 0 0 rg BT 218.69 261.75 Td (not ) Tj ET Q q 0 0 0 rg BT 235.37 261.75 Td (material ) Tj ET Q q 0 0 0 rg BT 273.72 261.75 Td (as ) Tj ET Q q 0 0 0 rg BT 287.06 261.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.17 261.75 Td (December ) Tj ET Q q 0 0 0 rg BT 347.08 261.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 363.76 261.75 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.01 261.75 Td ( ) Tj ET Q q 0 0 0 rg BT 388.78 261.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.25 261.75 Td (March ) Tj ET Q q 0 0 0 rg BT 438.81 261.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 455.49 261.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.73 261.75 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 243.75 Td (Note ) Tj ET Q q 0 0 0 rg BT 75.00 243.75 Td (5. ) Tj ET Q q 0 0 0 rg BT 86.12 243.75 Td ( ) Tj ET Q q 0 0 0 rg BT 88.90 243.75 Td ( ) Tj ET Q q 0 0 0 rg BT 91.67 243.75 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 94.45 243.75 Td (Debt) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 116.67 243.75 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 225.75 Td (Short-T) Tj ET Q q 0 0 0 rg BT 84.80 225.75 Td (erm ) Tj ET Q q 0 0 0 rg BT 105.93 225.75 Td (Debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 207.75 Td (W) Tj ET Q q 0 0 0 rg BT 81.76 207.75 Td (e ) Tj ET Q q 0 0 0 rg BT 89.89 207.75 Td (have ) Tj ET Q q 0 0 0 rg BT 114.14 207.75 Td (a ) Tj ET Q q 0 0 0 rg BT 122.27 207.75 Td (debt ) Tj ET Q q 0 0 0 rg BT 144.30 207.75 Td (financing ) Tj ET Q q 0 0 0 rg BT 186.89 207.75 Td (program ) Tj ET Q q 0 0 0 rg BT 226.70 207.75 Td (of ) Tj ET Q q 0 0 0 rg BT 237.60 207.75 Td (up ) Tj ET Q q 0 0 0 rg BT 251.29 207.75 Td (to? Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.41 207.75 Td ($5.0 ) Tj ET Q q 0 0 0 rg BT 284.44 207.75 Td (billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 310.01 207.75 Td ( through ) Tj ET Q q 0 0 0 rg BT 349.27 207.75 Td (the ) Tj ET Q q 0 0 0 rg BT 365.74 207.75 Td (issuance ) Tj ET Q q 0 0 0 rg BT 407.78 207.75 Td (of ) Tj ET Q q 0 0 0 rg BT 418.68 207.75 Td (commercial ) Tj ET Q q 0 0 0 rg BT 472.37 207.75 Td (paper) Tj ET Q q 0 0 0 rg BT 497.39 207.75 Td (. ) Tj ET Q q 0 0 0 rg BT 502.74 207.75 Td (Net ) Tj ET Q q 0 0 0 rg BT 520.87 207.75 Td (proceeds ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 195.75 Td (from ) Tj ET Q q 0 0 0 rg BT 72.11 195.75 Td (this ) Tj ET Q q 0 0 0 rg BT 89.78 195.75 Td (program ) Tj ET Q q 0 0 0 rg BT 129.12 195.75 Td (are ) Tj ET Q q 0 0 0 rg BT 145.68 195.75 Td (used ) Tj ET Q q 0 0 0 rg BT 169.47 195.75 Td (for ) Tj ET Q q 0 0 0 rg BT 183.25 195.75 Td (general ) Tj ET Q q 0 0 0 rg BT 218.71 195.75 Td (corporate ) Tj ET Q q 0 0 0 rg BT 263.07 195.75 Td (purposes. ) Tj ET Q q 0 0 0 rg BT 309.09 195.75 Td (W) Tj ET Q q 0 0 0 rg BT 318.35 195.75 Td (e ) Tj ET Q q 0 0 0 rg BT 326.02 195.75 Td (had ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.81 195.75 Td (no) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.93 195.75 Td ( ) Tj ET Q q 0 0 0 rg BT 358.04 195.75 Td (commercial ) Tj ET Q q 0 0 0 rg BT 411.26 195.75 Td (paper ) Tj ET Q q 0 0 0 rg BT 438.95 195.75 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 492.76 195.75 Td (as ) Tj ET Q q 0 0 0 rg BT 505.43 195.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.88 195.75 Td (December ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 183.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 65.57 183.75 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.82 183.75 Td ( ) Tj ET Q q 0 0 0 rg BT 89.48 183.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 107.84 183.75 Td ($1.3 ) Tj ET Q q 0 0 0 rg BT 128.97 183.75 Td (billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.54 183.75 Td ( ) Tj ET Q q 0 0 0 rg BT 156.21 183.75 Td (of ) Tj ET Q q 0 0 0 rg BT 166.22 183.75 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 219.59 183.75 Td (commercial ) Tj ET Q q 0 0 0 rg BT 272.38 183.75 Td (paper ) Tj ET Q q 0 0 0 rg BT 299.63 183.75 Td (recorded ) Tj ET Q q 0 0 0 rg BT 340.76 183.75 Td (as ) Tj ET Q q 0 0 0 rg BT 352.99 183.75 Td (short-term ) Tj ET Q q 0 0 0 rg BT 400.22 183.75 Td (debt ) Tj ET Q q 0 0 0 rg BT 421.35 183.75 Td (with ) Tj ET Q q 0 0 0 rg BT 440.80 183.75 Td (a ) Tj ET Q q 0 0 0 rg BT 448.03 183.75 Td (weighted-average ) Tj ET Q q 0 0 0 rg BT 529.20 183.75 Td (interest ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 171.75 Td (rate ) Tj ET Q q 0 0 0 rg BT 69.83 171.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.76 171.75 Td (1.7%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.56 171.75 Td ( ) Tj ET Q q 0 0 0 rg BT 106.15 171.75 Td (as ) Tj ET Q q 0 0 0 rg BT 119.31 171.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 130.25 171.75 Td (March ) Tj ET Q q 0 0 0 rg BT 160.63 171.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 177.13 171.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 199.37 171.75 Td (. ) Tj ET Q q 0 0 0 rg BT 204.58 171.75 Td (The ) Tj ET Q q 0 0 0 rg BT 224.41 171.75 Td (estimated ) Tj ET Q q 0 0 0 rg BT 270.36 171.75 Td (fair ) Tj ET Q q 0 0 0 rg BT 286.85 171.75 Td (value ) Tj ET Q q 0 0 0 rg BT 313.35 171.75 Td (of ) Tj ET Q q 0 0 0 rg BT 324.29 171.75 Td (the ) Tj ET Q q 0 0 0 rg BT 340.78 171.75 Td (short-term ) Tj ET Q q 0 0 0 rg BT 388.94 171.75 Td (debt ) Tj ET Q q 0 0 0 rg BT 411.00 171.75 Td (approximated ) Tj ET Q q 0 0 0 rg BT 474.19 171.75 Td (its ) Tj ET Q q 0 0 0 rg BT 486.79 171.75 Td (carrying ) Tj ET Q q 0 0 0 rg BT 524.95 171.75 Td (value ) Tj ET Q q 0 0 0 rg BT 551.45 171.75 Td (as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 159.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.12 159.75 Td (March ) Tj ET Q q 0 0 0 rg BT 91.68 159.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 108.36 159.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 130.61 159.75 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 141.75 Td (Long-T) Tj ET Q q 0 0 0 rg BT 83.13 141.75 Td (erm ) Tj ET Q q 0 0 0 rg BT 104.25 141.75 Td (Debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 123.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 108.00 123.75 Td (issued ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 140.16 123.75 Td ($3.0 ) Tj ET Q q 0 0 0 rg BT 162.87 123.75 Td (billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 188.44 123.75 Td ( ) Tj ET Q q 0 0 0 rg BT 191.69 123.75 Td (of ) Tj ET Q q 0 0 0 rg BT 203.29 123.75 Td (senior ) Tj ET Q q 0 0 0 rg BT 233.77 123.75 Td (unsecured ) Tj ET Q q 0 0 0 rg BT 283.73 123.75 Td (notes ) Tj ET Q q 0 0 0 rg BT 311.44 123.75 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.48 123.75 Td (three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.27 123.75 Td ( ) Tj ET Q q 0 0 0 rg BT 348.52 123.75 Td (tranches ) Tj ET Q q 0 0 0 rg BT 390.13 123.75 Td (\(collectively) Tj ET Q q 0 0 0 rg BT 441.06 123.75 Td (, ) Tj ET Q q 0 0 0 rg BT 447.09 123.75 Td (201) Tj ET Q q 0 0 0 rg BT 463.04 123.75 Td (1 ) Tj ET Q q 0 0 0 rg BT 471.85 123.75 Td (Notes\) ) Tj ET Q q 0 0 0 rg BT 504.56 123.75 Td (in ) Tj ET Q q 0 0 0 rg BT 515.59 123.75 Td (May ) Tj ET Q q 0 0 0 rg BT 537.73 123.75 Td (201) Tj ET Q q 0 0 0 rg BT 553.68 123.75 Td (1, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 111.75 Td (due ) Tj ET Q q 0 0 0 rg BT 69.36 111.75 Td (in ) Tj ET Q q 0 0 0 rg BT 79.81 111.75 Td (2014, ) Tj ET Q q 0 0 0 rg BT 107.51 111.75 Td (2016, ) Tj ET Q q 0 0 0 rg BT 135.21 111.75 Td (and ) Tj ET Q q 0 0 0 rg BT 154.56 111.75 Td (2021, ) Tj ET Q q 0 0 0 rg BT 182.26 111.75 Td (as ) Tj ET Q q 0 0 0 rg BT 195.49 111.75 Td (well ) Tj ET Q q 0 0 0 rg BT 215.39 111.75 Td (as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 228.63 111.75 Td ($1.0 ) Tj ET Q q 0 0 0 rg BT 250.76 111.75 Td (billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 276.33 111.75 Td ( ) Tj ET Q q 0 0 0 rg BT 279.01 111.75 Td (of ) Tj ET Q q 0 0 0 rg BT 290.02 111.75 Td (senior ) Tj ET Q q 0 0 0 rg BT 319.93 111.75 Td (unsecured ) Tj ET Q q 0 0 0 rg BT 369.30 111.75 Td (notes ) Tj ET Q q 0 0 0 rg BT 396.43 111.75 Td (\(2014 ) Tj ET Q q 0 0 0 rg BT 424.68 111.75 Td (Notes\) ) Tj ET Q q 0 0 0 rg BT 456.81 111.75 Td (in ) Tj ET Q q 0 0 0 rg BT 467.26 111.75 Td (February ) Tj ET Q q 0 0 0 rg BT 509.95 111.75 Td (2014 ) Tj ET Q q 0 0 0 rg BT 534.87 111.75 Td (due ) Tj ET Q q 0 0 0 rg BT 554.23 111.75 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 99.75 Td (2024.) 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Tj ET Q q 0 0 0 rg BT 415.31 81.75 Td (s ) Tj ET Q q 0 0 0 rg BT 423.01 81.75 Td (201) Tj ET Q q 0 0 0 rg BT 438.95 81.75 Td (1 ) Tj ET Q q 0 0 0 rg BT 447.22 81.75 Td (Notes ) Tj ET Q q 0 0 0 rg BT 476.04 81.75 Td (due ) Tj ET Q q 0 0 0 rg BT 495.42 81.75 Td (2021 ) Tj ET Q q 0 0 0 rg BT 520.37 81.75 Td (and ) Tj ET Q q 0 0 0 rg BT 539.75 81.75 Td (2014 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 69.75 Td (Notes ) Tj ET Q q 0 0 0 rg BT 79.23 69.75 Td (due ) Tj ET Q q 0 0 0 rg BT 99.03 69.75 Td (2024 ) Tj ET Q q 0 0 0 rg BT 124.38 69.75 Td (\(collectively) Tj ET Q q 0 0 0 rg BT 175.32 69.75 Td (, ) Tj ET Q q 0 0 0 rg BT 181.21 69.75 Td (the ) Tj ET Q q 0 0 0 rg BT 198.22 69.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 233.57 69.75 Td (Notes\). ) Tj ET Q q 0 0 0 rg BT 268.30 69.75 Td (An ) Tj ET Q q 0 0 0 rg BT 283.64 69.75 Td (aggregate ) Tj ET Q q 0 0 0 rg BT 331.79 69.75 Td (principal ) Tj ET Q q 0 0 0 rg BT 372.14 69.75 Td (amount ) Tj ET Q q 0 0 0 rg BT 408.60 69.75 Td (of ) Tj ET Q q 0 0 0 rg BT 420.05 69.75 Td (approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.41 69.75 Td ($1.7 ) Tj ET Q q 0 0 0 rg BT 507.98 69.75 Td (billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.55 69.75 Td ( ) Tj ET Q q 0 0 0 rg BT 536.66 69.75 Td (of ) Tj ET Q q 0 0 0 rg BT 548.11 69.75 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 57.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 84.58 57.75 Td (Notes ) Tj ET Q q 0 0 0 rg BT 113.04 57.75 Td (was ) Tj ET Q q 0 0 0 rg BT 133.16 57.75 Td (exchanged ) Tj ET Q q 0 0 0 rg BT 184.43 57.75 Td (for ) Tj ET Q q 0 0 0 rg BT 198.43 57.75 Td (approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 263.02 57.75 Td ($1.7 ) Tj ET Q q 0 0 0 rg BT 284.82 57.75 Td (billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 310.39 57.75 Td ( ) Tj ET Q q 0 0 0 rg BT 312.73 57.75 Td (of ) Tj ET Q q 0 0 0 rg BT 322.94 57.75 Td (Alphabet ) Tj ET Q q 0 0 0 rg BT 364.75 57.75 Td (notes ) Tj ET Q q 0 0 0 rg BT 391.55 57.75 Td (with ) Tj ET Q q 0 0 0 rg BT 411.67 57.75 Td (identical ) Tj ET Q q 0 0 0 rg BT 450.69 57.75 Td (interest ) Tj ET Q q 0 0 0 rg BT 485.82 57.75 Td (rate ) Tj ET Q q 0 0 0 rg BT 505.39 57.75 Td (and ) Tj ET Q q 0 0 0 rg BT 524.41 57.75 Td (maturity) Tj ET Q q 0 0 0 rg BT 559.23 57.75 Td (. ) Tj ET Q endstream endobj 45 0 obj <>] /Rotate 0 /Contents 46 0 R>> endobj 46 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 53 767.1939453125 m 130.8271484375 767.1939453125 l s q 0 0 1 rg BT 53.00 768.62 Td (T) Tj ET Q q 0 0 1 rg BT 58.00 768.62 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.396078431372549 0.396078431372549 0.396078431372549 rg BT 494.20 768.62 Td (Alphabet Inc.) 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BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.74 441.95 Td (3.734%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.65 441.95 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 114.49 441.95 Td (3.377%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 148.41 441.95 Td (, ) Tj ET Q q 0 0 0 rg BT 154.25 441.95 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 173.99 441.95 Td (2.231%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 207.91 441.95 Td (, ) Tj ET Q q 0 0 0 rg BT 213.75 441.95 Td (respectively) Tj ET Q q 0 0 0 rg BT 265.80 441.95 Td (, ) Tj ET Q q 0 0 0 rg BT 271.64 441.95 Td (with ) Tj ET Q q 0 0 0 rg BT 292.48 441.95 Td (interest ) Tj ET Q q 0 0 0 rg BT 328.34 441.95 Td (payable ) Tj ET Q q 0 0 0 rg BT 366.43 441.95 Td (semi-annually) Tj ET Q q 0 0 0 rg BT 427.38 441.95 Td (. ) Tj ET Q q 0 0 0 rg BT 433.22 441.95 Td (W) Tj ET Q q 0 0 0 rg BT 442.48 441.95 Td (e ) Tj ET Q q 0 0 0 rg BT 451.10 441.95 Td (may ) Tj ET Q q 0 0 0 rg BT 473.05 441.95 Td (redeem ) Tj ET Q q 0 0 0 rg BT 510.02 441.95 Td (these 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10.00 Tf ET q 0 0 0 rg BT 105.02 333.95 Td (December ) Tj ET Q q 0 0 0 rg BT 153.93 333.95 Td (31, ) Tj ET Q q 0 0 0 rg BT 170.61 333.95 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 192.85 333.95 Td ( ) Tj ET Q q 0 0 0 rg BT 195.63 333.95 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 215.09 333.95 Td (March ) Tj ET Q q 0 0 0 rg BT 245.65 333.95 Td (31, ) Tj ET Q q 0 0 0 rg BT 262.33 333.95 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 284.58 333.95 Td (. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 315.95 Td (Note ) Tj ET Q q 0 0 0 rg BT 75.00 315.95 Td (6. ) Tj ET Q q 0 0 0 rg BT 86.12 315.95 Td ( ) Tj ET Q q 0 0 0 rg BT 88.90 315.95 Td ( ) Tj ET Q q 0 0 0 rg BT 91.67 315.95 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 94.45 315.95 Td (Supplemental ) Tj ET Q q 0 0 0 rg BT 162.80 315.95 Td (Financial ) Tj ET Q q 0 0 0 rg BT 208.92 315.95 Td (Statement ) Tj ET Q q 0 0 0 rg BT 260.04 315.95 Td (Information) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 315.04 315.95 Td 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Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 422.15 527.68 Td (\(Losses\) on Cash) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 430.80 519.68 Td (Flow Hedges) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 519.70 519.68 Td (T) Tj ET Q q 0 0 0 rg BT 523.99 519.68 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 505.07 Td (Balance as of December 31, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 257.00 505.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.25 505.07 Td (\(2,646) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.65 505.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 338.00 505.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.60 505.07 Td (\(179) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.65 505.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.00 505.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.95 505.07 Td (423) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 505.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.25 505.07 Td (\(2,402) Tj ET Q BT 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(\(128) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 465.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 450.07 Td (Other comprehensive income \(loss\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.95 450.07 Td (451) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.95 450.07 Td (164) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.60 450.07 Td (\(382) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.65 450.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.95 450.07 Td (233) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 435.07 Td (Balance as of March 31, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 257.00 435.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.25 435.07 Td (\(2,195) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.65 435.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 338.00 435.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.15 435.07 Td (\(15) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.65 435.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.00 435.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.50 435.07 Td (41) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 435.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.25 435.07 Td (\(2,169) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 435.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 379.45 206.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 255.50 379.45 76.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 331.50 379.45 5.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 379.45 79.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.50 379.45 5.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 420.50 379.45 73.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 379.45 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 379.45 64.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 340.45 206.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 255.50 340.45 76.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 331.50 340.45 5.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 340.45 79.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.50 340.45 5.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 420.50 340.45 73.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 340.45 4.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 340.45 64.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 299.45 206.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 255.50 299.45 76.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 331.50 299.45 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 299.45 79.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.50 299.45 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 420.50 299.45 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 299.45 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 299.45 64.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 255.5 379.45000000000005 m 331.5 379.45000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 379.45000000000005 m 415.5 379.45000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 420.5 379.45000000000005 m 493.5 379.45000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 379.45000000000005 m 561.5 379.45000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 255.5 299.45000000000005 m 331.5 299.45000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 299.45000000000005 m 415.5 299.45000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 420.5 299.45000000000005 m 493.5 299.45000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 299.45000000000005 m 561.5 299.45000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 284.45000000000005 m 561.5 284.45000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 255.5 284.45000000000005 m 331.5 284.45000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 255.5 271.45000000000005 m 331.5 271.45000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 255.5 269.45000000000005 m 331.5 269.45000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 284.45000000000005 m 415.5 284.45000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 271.45000000000005 m 415.5 271.45000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 269.45000000000005 m 415.5 269.45000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 420.5 284.45000000000005 m 493.5 284.45000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 420.5 271.45000000000005 m 493.5 271.45000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 420.5 269.45000000000005 m 493.5 269.45000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 284.45000000000005 m 561.5 284.45000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 271.45000000000005 m 561.5 271.45000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 269.45000000000005 m 561.5 269.45000000000005 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 259.65 399.68 Td (Foreign Currency) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 271.65 391.68 Td (T) Tj ET Q q 0 0 0 rg BT 276.32 391.68 Td (ranslation) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 268.75 383.68 Td (Adjustments) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 343.00 407.13 Td (Unrealized Gains) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 353.05 399.13 Td (\(Losses\) on) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 341.85 391.13 Td (A) Tj ET Q q 0 0 0 rg BT 347.48 391.13 Td (vailable-for-Sale) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 352.15 383.13 Td (Investments) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 424.00 399.68 Td (Unrealized Gains) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 423.15 391.68 Td (\(Losses\) on Cash) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 431.80 383.68 Td (Flow Hedges) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 519.70 383.68 Td (T) Tj ET Q q 0 0 0 rg BT 523.99 383.68 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 369.67 Td (Balance as of December 31, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.00 369.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 299.25 369.67 Td (\(1,103) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 327.65 369.67 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.00 369.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.95 369.67 Td (233) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.00 369.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.60 369.67 Td (\(122) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 369.67 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 369.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.60 369.67 Td (\(992) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 369.67 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 355.07 Td (Other comprehensive income \(loss\) before ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 345.07 Td (reclassifications) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 122.58 349.84 Td (\(1\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 310.95 345.07 Td (657) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.60 345.07 Td (\(306) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.65 345.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.60 345.07 Td (\(255) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 345.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.50 345.07 Td (96) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 329.37 Td (Amounts excluded from the assessment of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 319.37 Td (hedge ef) Tj ET Q q 0 0 0 rg BT 90.75 319.37 Td (fectiveness recorded in ) Tj ET Q q 0 0 0 rg BT 195.80 319.37 Td (AOCI) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.05 318.12 Td (0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.05 318.07 Td (0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.75 318.07 Td (\(7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 318.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.75 318.07 Td (\(7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 318.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 303.67 Td (Amounts reclassified from ) Tj ET Q q 0 0 0 rg BT 169.27 303.67 Td (AOCI) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.05 303.72 Td (0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.50 303.67 Td (39) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.95 303.67 Td (194) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.95 303.67 Td (233) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 289.07 Td (Other comprehensive income \(loss\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 310.95 289.07 Td (657) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.60 289.07 Td (\(267) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.65 289.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.15 289.07 Td (\(68) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 289.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.95 289.07 Td (322) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 274.67 Td (Balance as of March 31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.00 274.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.60 274.72 Td (\(446) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 327.65 274.67 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.00 274.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.15 274.67 Td (\(34) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.65 274.67 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.00 274.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.60 274.67 Td (\(190) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 274.67 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 274.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.60 274.67 Td (\(670) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 274.67 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 50.00 263.72 Td (\(1\) ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 72.50 258.95 Td (The ) Tj ET Q q 0 0 0 rg BT 91.89 258.95 Td (change ) Tj ET Q q 0 0 0 rg BT 125.30 258.95 Td (in ) Tj ET Q q 0 0 0 rg BT 136.19 258.95 Td (unrealized ) Tj ET Q q 0 0 0 rg BT 181.60 258.95 Td (gains ) Tj ET Q q 0 0 0 rg BT 207.00 258.95 Td (\(losses\) ) Tj ET Q q 0 0 0 rg BT 242.39 258.95 Td (on ) Tj ET Q q 0 0 0 rg BT 256.29 258.95 Td (available-for-sale ) Tj ET Q q 0 0 0 rg BT 328.70 258.95 Td (investments ) Tj ET Q q 0 0 0 rg BT 380.60 258.95 Td (included ) Tj ET Q q 0 0 0 rg BT 418.01 258.95 Td (a ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 426.90 258.95 Td ($98 ) Tj ET Q q 0 0 0 rg BT 445.80 258.95 Td (million) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 471.31 258.95 Td ( ) Tj ET Q q 0 0 0 rg BT 475.19 258.95 Td (reclassification ) Tj ET Q q 0 0 0 rg BT 538.10 258.95 Td (of ) Tj ET Q q 0 0 0 rg BT 549.49 258.95 Td (net ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 72.50 248.15 Td (unrealized ) Tj ET Q q 0 0 0 rg BT 116.68 248.15 Td (gains ) Tj ET Q q 0 0 0 rg BT 140.85 248.15 Td (related ) Tj ET Q q 0 0 0 rg BT 171.02 248.15 Td (to ) Tj ET Q q 0 0 0 rg BT 181.18 248.15 Td (marketable ) Tj ET Q q 0 0 0 rg BT 228.36 248.15 Td (equity ) Tj ET Q q 0 0 0 rg BT 255.03 248.15 Td (securities ) Tj ET Q q 0 0 0 rg BT 295.69 248.15 Td (from ) Tj ET Q q 0 0 0 rg BT 315.82 248.15 Td (AOCI ) Tj ET Q q 0 0 0 rg BT 340.47 248.15 Td (to ) Tj ET Q q 0 0 0 rg BT 350.63 248.15 Td (opening ) Tj ET Q q 0 0 0 rg BT 385.32 248.15 Td (retained ) Tj ET Q q 0 0 0 rg BT 420.50 248.15 Td (earnings ) Tj ET Q q 0 0 0 rg BT 457.67 248.15 Td (as ) Tj ET Q q 0 0 0 rg BT 469.83 248.15 Td (a ) Tj ET Q q 0 0 0 rg BT 477.49 248.15 Td (result ) Tj ET Q q 0 0 0 rg BT 502.15 248.15 Td (of ) Tj ET Q q 0 0 0 rg BT 512.31 248.15 Td (the ) Tj ET Q q 0 0 0 rg BT 527.47 248.15 Td (adoption ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 72.50 237.35 Td (of ) Tj ET Q q 0 0 0 rg BT 82.01 237.35 Td (ASU ) Tj ET Q q 0 0 0 rg BT 103.02 237.35 Td (2016-01 ) Tj ET Q q 0 0 0 rg BT 138.55 237.35 Td (on ) Tj ET Q q 0 0 0 rg BT 151.06 237.35 Td (January ) Tj ET Q q 0 0 0 rg BT 185.58 237.35 Td (1, ) Tj ET Q q 0 0 0 rg BT 195.58 237.35 Td (2018.) Tj ET Q endstream endobj 49 0 obj <>] /Rotate 0 /Contents 50 0 R>> endobj 50 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 53 767.1939453125 m 130.8271484375 767.1939453125 l s q 0 0 1 rg BT 53.00 768.62 Td (T) Tj ET Q q 0 0 1 rg BT 58.00 768.62 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.396078431372549 0.396078431372549 0.396078431372549 rg BT 494.20 768.62 Td (Alphabet Inc.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.40 31.25 Td (22) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 741.75 Td (The ef) Tj ET Q q 0 0 0 rg BT 100.67 741.75 Td (fects on net income of amounts reclassified from ) Tj ET Q q 0 0 0 rg BT 317.44 741.75 Td (AOCI were as follows \(in millions, unaudited\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 660.25 384.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 660.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 660.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 660.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 660.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 630.25 200.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 249.50 630.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 253.50 630.25 180.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 630.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 630.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 630.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 630.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 600.25 384.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 600.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 600.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 600.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 600.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 570.25 200.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 249.50 570.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 253.50 570.25 180.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 570.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 570.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 570.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 570.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 540.25 200.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 249.50 540.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 253.50 540.25 180.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 540.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 540.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 540.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 540.25 60.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 699.25 m 497.5 699.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 699.25 m 501.5 699.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 699.25 m 561.5 699.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 699.25 m 497.5 699.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 699.25 m 501.5 699.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 673.25 m 497.5 673.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 673.25 m 501.5 673.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 673.25 m 561.5 673.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 660.25 m 249.5 660.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 253.5 660.25 m 433.5 660.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 673.25 m 497.5 673.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 660.25 m 497.5 660.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 673.25 m 561.5 673.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 660.25 m 561.5 660.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 615.25 m 497.5 615.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 600.25 m 497.5 600.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 615.25 m 561.5 615.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 600.25 m 561.5 600.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 540.25 m 497.5 540.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 540.25 m 561.5 540.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 540.25 m 497.5 540.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 525.25 m 497.5 525.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 540.25 m 561.5 540.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 525.25 m 561.5 525.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 525.25 m 497.5 525.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 511.25 m 497.5 511.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 509.25 m 497.5 509.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 525.25 m 561.5 525.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 511.25 m 561.5 511.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 509.25 m 561.5 509.25 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 445.85 719.48 Td (Gains \(Losses\) Reclassified) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 440.70 711.48 Td (from ) Tj ET Q q 0 0 0 rg BT 460.55 711.48 Td (AOCI to the Consolidated) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 459.65 703.48 Td (Statement of Income) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 459.40 690.48 Td (Three Months Ended) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.00 677.48 Td (? Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 252.00 677.48 Td (? Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 480.50 677.48 Td (March 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 112.45 664.48 Td ( ) Tj ET Q q 0 0 0 rg BT 114.38 664.48 Td (AOCI Components) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 326.30 664.48 Td (Location) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 458.10 664.48 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 522.10 664.48 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 649.87 Td (Unrealized gains \(losses\) on available-for-sale investments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 256.00 634.87 Td (Other income \(expense\), net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.00 634.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.15 634.87 Td (\(25) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.65 634.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.00 634.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 634.87 Td (\(39) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 634.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 256.00 619.87 Td (Provision for income taxes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.05 619.87 Td (0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.05 619.87 Td (0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 256.00 604.87 Td (Net of tax) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.00 604.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.15 604.87 Td (\(25) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.65 604.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.00 604.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 604.87 Td (\(39) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 604.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 589.87 Td (Unrealized gains \(losses\) on cash flow hedges) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.00 574.87 Td (Foreign exchange contracts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 256.00 574.87 Td (Revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.00 574.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.95 574.87 Td (217) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.00 574.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.60 574.87 Td (\(247) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 574.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.00 559.87 Td (Interest rate contracts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 256.00 559.87 Td (Other income \(expense\), net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.05 559.87 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.05 559.87 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 256.00 544.87 Td (Benefit \(provision\) for income taxes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.15 544.87 Td (\(65) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.65 544.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.50 544.87 Td (52) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 256.00 529.87 Td (Net of tax) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.00 529.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.95 529.87 Td (153) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.00 529.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.60 529.87 Td (\(194) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 529.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 514.87 Td (T) Tj ET Q q 0 0 0 rg BT 57.00 514.87 Td (otal amount reclassified, net of tax) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.00 514.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.95 514.87 Td (128) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.00 514.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.60 514.87 Td (\(233) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 514.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 492.75 Td (Other ) Tj ET Q q 0 0 0 rg BT 79.45 492.75 Td (Income ) Tj ET Q q 0 0 0 rg BT 117.24 492.75 Td (\(Expense\), ) Tj ET Q q 0 0 0 rg BT 170.59 492.75 Td (Net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 474.75 Td (The ) Tj ET Q q 0 0 0 rg BT 92.51 474.75 Td (components ) Tj ET Q q 0 0 0 rg BT 149.77 474.75 Td (of ) Tj ET Q q 0 0 0 rg BT 160.88 474.75 Td (other ) Tj ET Q q 0 0 0 rg BT 186.46 474.75 Td (income ) Tj ET Q q 0 0 0 rg BT 221.47 474.75 Td (\(expense\), ) Tj ET Q q 0 0 0 rg BT 271.49 474.75 Td (net, ) Tj ET Q q 0 0 0 rg BT 290.95 474.75 Td (were ) Tj ET Q q 0 0 0 rg BT 315.41 474.75 Td (as ) Tj ET Q q 0 0 0 rg BT 328.75 474.75 Td (follows ) Tj ET Q q 0 0 0 rg BT 362.09 474.75 Td (\(in ) Tj ET Q q 0 0 0 rg BT 375.98 474.75 Td (millions, ) Tj ET Q q 0 0 0 rg BT 414.88 474.75 Td (unaudited\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 424.25 388.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 424.25 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 424.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 424.25 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 396.25 388.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 396.25 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 396.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 396.25 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 368.25 388.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 368.25 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 368.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 368.25 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 340.25 388.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 340.25 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 340.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 340.25 60.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 436.25 m 497.5 436.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 436.25 m 501.5 436.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 436.25 m 561.5 436.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 436.25 m 497.5 436.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 424.25 m 497.5 424.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 436.25 m 501.5 436.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 436.25 m 561.5 436.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 424.25 m 561.5 424.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 424.25 m 497.5 424.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 424.25 m 561.5 424.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 326.25 m 497.5 326.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 313.25 m 497.5 313.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 311.25 m 497.5 311.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 326.25 m 561.5 326.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 313.25 m 561.5 313.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 311.25 m 561.5 311.25 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.00 452.48 Td (? Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 459.40 452.48 Td (Three Months Ended) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 480.50 439.93 Td (March 31,) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.00 427.93 Td (? Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 458.10 427.93 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 522.10 427.93 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 414.47 Td (Interest income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.00 414.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.95 414.47 Td (312) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.00 414.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.95 414.47 Td (399) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 400.47 Td (Interest expense) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 125.94 405.24 Td (\(1\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.15 400.47 Td (\(25) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.65 400.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 400.47 Td (\(30) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 400.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 386.47 Td (Foreign currency exchange losses, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.75 386.47 Td (\(2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.65 386.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 386.47 Td (\(24) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 386.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 372.47 Td (Loss on debt securities, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.15 372.47 Td (\(25) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.65 372.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 372.47 Td (\(39) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 372.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 358.47 Td (Gain on equity securities, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.05 358.47 Td (6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.60 358.47 Td (3,031) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 344.47 Td (Loss and impairment from equity method investments, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.15 344.47 Td (\(49) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.65 344.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.75 344.47 Td (\(7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 344.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 330.47 Td (Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.50 330.47 Td (34) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.95 330.47 Td (212) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 316.47 Td (Other income \(expense\), net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.00 316.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.95 316.47 Td (251) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.00 316.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.60 316.47 Td (3,542) Tj ET Q BT /F1 10.00 Tf ET BT /F1 9.00 Tf ET BT /F1 5.85 Tf ET q 0 0 0 rg BT 50.00 306.24 Td (\(1\) ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 72.50 301.95 Td (Interest ) Tj ET Q q 0 0 0 rg BT 105.26 301.95 Td (expense ) Tj ET Q q 0 0 0 rg BT 142.04 301.95 Td (is ) Tj ET Q q 0 0 0 rg BT 151.29 301.95 Td (net ) Tj ET Q q 0 0 0 rg BT 166.55 301.95 Td (of ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 176.80 301.95 Td ($7 ) Tj ET Q q 0 0 0 rg BT 189.56 301.95 Td (million) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 215.07 301.95 Td ( ) Tj ET Q q 0 0 0 rg BT 217.81 301.95 Td (and ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 235.58 301.95 Td ($16 ) Tj ET Q q 0 0 0 rg BT 253.34 301.95 Td (million) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 278.85 301.95 Td ( ) Tj ET Q q 0 0 0 rg BT 281.60 301.95 Td (of ) Tj ET Q q 0 0 0 rg BT 291.85 301.95 Td (interest ) Tj ET Q q 0 0 0 rg BT 324.11 301.95 Td (capitalized ) Tj ET Q q 0 0 0 rg BT 369.39 301.95 Td (for ) Tj ET Q q 0 0 0 rg BT 382.64 301.95 Td (the ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 397.90 301.95 Td (three ) Tj ET Q q 0 0 0 rg BT 421.16 301.95 Td (months ) Tj ET Q q 0 0 0 rg BT 453.42 301.95 Td (ended ) Tj ET Q q 0 0 0 rg BT 481.20 301.95 Td (March ) Tj ET Q q 0 0 0 rg BT 508.95 301.95 Td (31, ) Tj ET Q q 0 0 0 rg BT 524.21 301.95 Td (2017) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 544.23 301.95 Td ( ) Tj ET Q q 0 0 0 rg BT 546.98 301.95 Td (and ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 72.50 291.15 Td (2018) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 92.52 291.15 Td (, ) Tj ET Q q 0 0 0 rg BT 97.52 291.15 Td (respectively) Tj ET Q q 0 0 0 rg BT 144.37 291.15 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 273.15 Td (Note ) Tj ET Q q 0 0 0 rg BT 74.50 273.15 Td (7. ) Tj ET Q q 0 0 0 rg BT 85.62 273.15 Td ( ) Tj ET Q q 0 0 0 rg BT 88.40 273.15 Td ( ) Tj ET Q q 0 0 0 rg BT 91.17 273.15 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 93.58 273.15 Td (Acquisitions) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 153.59 273.15 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 255.15 Td (Agreement ) Tj ET Q q 0 0 0 rg BT 104.51 255.15 Td (with ) Tj ET Q q 0 0 0 rg BT 127.29 255.15 Td (HTC ) Tj ET Q q 0 0 0 rg BT 150.62 255.15 Td (Corporation ) Tj ET Q q 0 0 0 rg BT 210.61 255.15 Td (\(HTC\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 237.15 Td (In ) Tj ET Q q 0 0 0 rg BT 82.87 237.15 Td (January ) Tj ET Q q 0 0 0 rg BT 120.97 237.15 Td (2018, ) Tj ET Q q 0 0 0 rg BT 148.53 237.15 Td (we ) Tj ET Q q 0 0 0 rg BT 163.84 237.15 Td (completed ) Tj ET Q q 0 0 0 rg BT 212.51 237.15 Td (the ) Tj ET Q q 0 0 0 rg BT 228.94 237.15 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 278.72 237.15 Td (of ) Tj ET Q q 0 0 0 rg BT 289.58 237.15 Td (a ) Tj ET Q q 0 0 0 rg BT 297.67 237.15 Td (team ) Tj ET Q q 0 0 0 rg BT 322.43 237.15 Td (of ) Tj ET Q q 0 0 0 rg BT 333.30 237.15 Td (engineers ) Tj ET Q q 0 0 0 rg BT 379.75 237.15 Td (and ) Tj ET Q q 0 0 0 rg BT 398.97 237.15 Td (a ) Tj ET Q q 0 0 0 rg BT 407.06 237.15 Td (non-exclusive ) Tj ET Q q 0 0 0 rg BT 470.73 237.15 Td (license ) Tj ET Q q 0 0 0 rg BT 504.38 237.15 Td (of ) Tj ET Q q 0 0 0 rg BT 515.25 237.15 Td (intellectual ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 225.15 Td (property ) Tj ET Q q 0 0 0 rg BT 88.70 225.15 Td (from ) Tj ET Q q 0 0 0 rg BT 111.21 225.15 Td (HTC ) Tj ET Q q 0 0 0 rg BT 134.28 225.15 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 148.46 225.15 Td ($1.1 ) Tj ET Q q 0 0 0 rg BT 170.44 225.15 Td (billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 196.01 225.15 Td ( ) Tj ET Q q 0 0 0 rg BT 198.52 225.15 Td (in ) Tj ET Q q 0 0 0 rg BT 208.82 225.15 Td (cash. ) Tj ET Q q 0 0 0 rg BT 235.23 225.15 Td (In ) Tj ET Q q 0 0 0 rg BT 246.09 225.15 Td (aggregate, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.42 225.15 Td ($10 ) Tj ET Q q 0 0 0 rg BT 315.62 225.15 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 343.96 225.15 Td ( ) Tj ET Q q 0 0 0 rg BT 346.47 225.15 Td (was ) Tj ET Q q 0 0 0 rg BT 366.77 225.15 Td (cash ) Tj ET Q q 0 0 0 rg BT 390.40 225.15 Td (acquired, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.06 225.15 Td ($165 ) Tj ET Q q 0 0 0 rg BT 458.82 225.15 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.16 225.15 Td ( ) Tj ET Q q 0 0 0 rg BT 489.67 225.15 Td (was ) Tj ET Q q 0 0 0 rg BT 509.97 225.15 Td (attributed ) Tj ET Q q 0 0 0 rg BT 554.17 225.15 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 213.15 Td (intangible ) Tj ET Q q 0 0 0 rg BT 96.20 213.15 Td (assets, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 131.77 213.15 Td ($934 ) Tj ET Q q 0 0 0 rg BT 157.90 213.15 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 186.24 213.15 Td ( ) Tj ET Q q 0 0 0 rg BT 190.13 213.15 Td (was ) Tj ET Q q 0 0 0 rg BT 211.79 213.15 Td (attributed ) Tj ET Q q 0 0 0 rg BT 257.38 213.15 Td (to ) Tj ET Q q 0 0 0 rg BT 269.60 213.15 Td (goodwill, ) Tj ET Q q 0 0 0 rg BT 312.40 213.15 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.97 213.15 Td ($9 ) Tj ET Q q 0 0 0 rg BT 347.98 213.15 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.32 213.15 Td ( ) Tj ET Q q 0 0 0 rg BT 380.21 213.15 Td (was ) Tj ET Q q 0 0 0 rg BT 401.88 213.15 Td (attributed ) Tj ET Q q 0 0 0 rg BT 447.46 213.15 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.69 213.15 Td (net ) Tj ET Q q 0 0 0 rg BT 477.47 213.15 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 519.15 213.15 Td (assumed) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.73 213.15 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 201.15 Td (Goodwill, ) Tj ET Q q 0 0 0 rg BT 93.54 201.15 Td (which ) Tj ET Q q 0 0 0 rg BT 122.03 201.15 Td (was ) Tj ET Q q 0 0 0 rg BT 142.73 201.15 Td (included ) Tj ET Q q 0 0 0 rg BT 182.89 201.15 Td (in ) Tj ET Q q 0 0 0 rg BT 193.59 201.15 Td (Google, ) Tj ET Q q 0 0 0 rg BT 231.54 201.15 Td (is ) Tj ET Q q 0 0 0 rg BT 241.67 201.15 Td (not ) Tj ET Q q 0 0 0 rg BT 258.49 201.15 Td (deductible ) Tj ET Q q 0 0 0 rg BT 307.00 201.15 Td (for ) Tj ET Q q 0 0 0 rg BT 321.58 201.15 Td (tax ) Tj ET Q q 0 0 0 rg BT 337.84 201.15 Td (purposes. ) Tj ET Q q 0 0 0 rg BT 384.67 201.15 Td (W) Tj ET Q q 0 0 0 rg BT 393.93 201.15 Td (e ) Tj ET Q q 0 0 0 rg BT 402.41 201.15 Td (expect ) Tj ET Q q 0 0 0 rg BT 434.79 201.15 Td (this ) Tj ET Q q 0 0 0 rg BT 453.27 201.15 Td (transaction ) Tj ET Q q 0 0 0 rg BT 505.10 201.15 Td (to ) Tj ET Q q 0 0 0 rg BT 516.36 201.15 Td (accelerate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 189.15 Td (Google? Tj ET Q q 0 0 0 rg BT 83.79 189.15 Td (s ) Tj ET Q q 0 0 0 rg BT 91.57 189.15 Td (ongoing ) Tj ET Q q 0 0 0 rg BT 129.93 189.15 Td (hardware ) Tj ET Q q 0 0 0 rg BT 174.40 189.15 Td (ef) Tj ET Q q 0 0 0 rg BT 182.56 189.15 Td (forts. ) Tj ET Q q 0 0 0 rg BT 207.39 189.15 Td (The ) Tj ET Q q 0 0 0 rg BT 227.40 189.15 Td (transaction ) Tj ET Q q 0 0 0 rg BT 279.09 189.15 Td (was ) Tj ET Q q 0 0 0 rg BT 299.65 189.15 Td (accounted ) Tj ET Q q 0 0 0 rg BT 348.58 189.15 Td (for ) Tj ET Q q 0 0 0 rg BT 363.03 189.15 Td (as ) Tj ET Q q 0 0 0 rg BT 376.37 189.15 Td (a ) Tj ET Q q 0 0 0 rg BT 384.71 189.15 Td (business ) Tj ET Q q 0 0 0 rg BT 426.95 189.15 Td (combination. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 171.15 Td (Other ) Tj ET Q q 0 0 0 rg BT 78.58 171.15 Td (Acquisitions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 153.15 Td (During ) Tj ET Q q 0 0 0 rg BT 104.73 153.15 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 121.91 153.15 Td (three ) Tj ET Q q 0 0 0 rg BT 147.97 153.15 Td (months ) Tj ET Q q 0 0 0 rg BT 184.04 153.15 Td (ended ) Tj ET Q q 0 0 0 rg BT 215.12 153.15 Td (March ) Tj ET Q q 0 0 0 rg BT 246.18 153.15 Td (31, ) Tj ET Q q 0 0 0 rg BT 263.35 153.15 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.60 153.15 Td (, ) Tj ET Q q 0 0 0 rg BT 291.65 153.15 Td (we ) Tj ET Q q 0 0 0 rg BT 307.71 153.15 Td (completed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.12 153.15 Td (other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.91 153.15 Td ( ) Tj ET Q q 0 0 0 rg BT 383.18 153.15 Td (acquisitions ) Tj ET Q q 0 0 0 rg BT 438.71 153.15 Td (and ) Tj ET Q q 0 0 0 rg BT 458.67 153.15 Td (purchases ) Tj ET Q q 0 0 0 rg BT 508.08 153.15 Td (of ) Tj ET Q q 0 0 0 rg BT 519.69 153.15 Td (intangible ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 141.15 Td (assets ) Tj ET Q q 0 0 0 rg BT 81.14 141.15 Td (for ) Tj ET Q q 0 0 0 rg BT 95.55 141.15 Td (total ) Tj ET Q q 0 0 0 rg BT 117.19 141.15 Td (consideration ) Tj ET Q q 0 0 0 rg BT 179.42 141.15 Td (of ) Tj ET Q q 0 0 0 rg BT 190.50 141.15 Td (approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 255.49 141.15 Td ($304 ) Tj ET Q q 0 0 0 rg BT 280.47 141.15 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.81 141.15 Td (. ) Tj ET Q q 0 0 0 rg BT 314.33 141.15 Td (In ) Tj ET Q q 0 0 0 rg BT 325.41 141.15 Td (aggregate, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.97 141.15 Td ($2 ) Tj ET Q q 0 0 0 rg BT 389.83 141.15 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.17 141.15 Td ( ) Tj ET Q q 0 0 0 rg BT 420.91 141.15 Td (was ) Tj ET Q q 0 0 0 rg BT 441.44 141.15 Td (cash ) Tj ET Q q 0 0 0 rg BT 465.30 141.15 Td (acquired, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.18 141.15 Td ($159 ) Tj ET Q q 0 0 0 rg BT 534.16 141.15 Td (million) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 129.15 Td (was ) Tj ET Q q 0 0 0 rg BT 69.38 129.15 Td (attributed ) Tj ET Q q 0 0 0 rg BT 113.17 129.15 Td (to ) Tj ET Q q 0 0 0 rg BT 123.61 129.15 Td (intangible ) Tj ET Q q 0 0 0 rg BT 168.51 129.15 Td (assets, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 202.29 129.15 Td ($147 ) Tj ET Q q 0 0 0 rg BT 226.63 129.15 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 254.97 129.15 Td ( ) Tj ET Q q 0 0 0 rg BT 257.07 129.15 Td (was ) Tj ET Q q 0 0 0 rg BT 276.95 129.15 Td (attributed ) Tj ET Q q 0 0 0 rg BT 320.74 129.15 Td (to ) Tj ET Q q 0 0 0 rg BT 331.17 129.15 Td (goodwill, ) Tj ET Q q 0 0 0 rg BT 372.18 129.15 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.96 129.15 Td ($4 ) Tj ET Q q 0 0 0 rg BT 404.18 129.15 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.52 129.15 Td ( ) Tj ET Q q 0 0 0 rg BT 434.62 129.15 Td (was ) Tj ET Q q 0 0 0 rg BT 454.50 129.15 Td (attributed ) Tj ET Q q 0 0 0 rg BT 498.29 129.15 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.72 129.15 Td (net ) Tj ET Q q 0 0 0 rg BT 524.72 129.15 Td (liabilities ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 117.15 Td (assumed) Tj ET Q 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0 0 rg BT 128.06 105.15 Td (other ) Tj ET Q q 0 0 0 rg BT 155.66 105.15 Td (functional ) Tj ET Q q 0 0 0 rg BT 203.28 105.15 Td (areas. ) Tj ET Q q 0 0 0 rg BT 235.56 105.15 Td (The ) Tj ET Q q 0 0 0 rg BT 257.60 105.15 Td (amount ) Tj ET Q q 0 0 0 rg BT 295.76 105.15 Td (of ) Tj ET Q q 0 0 0 rg BT 308.91 105.15 Td (goodwill ) Tj ET Q q 0 0 0 rg BT 349.85 105.15 Td (expected ) Tj ET Q q 0 0 0 rg BT 395.24 105.15 Td (to ) Tj ET Q q 0 0 0 rg BT 408.38 105.15 Td (be ) Tj ET Q q 0 0 0 rg BT 424.31 105.15 Td (deductible ) Tj ET Q q 0 0 0 rg BT 474.71 105.15 Td (for ) Tj ET Q q 0 0 0 rg BT 491.19 105.15 Td (tax ) Tj ET Q q 0 0 0 rg BT 509.33 105.15 Td (purposes ) Tj ET Q q 0 0 0 rg BT 555.28 105.15 Td (is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 93.15 Td (approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 114.53 93.15 Td ($54 ) Tj ET Q q 0 0 0 rg BT 133.99 93.15 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.33 93.15 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 75.15 Td (Pro ) Tj ET Q q 0 0 0 rg BT 89.90 75.15 Td (forma ) Tj ET Q q 0 0 0 rg BT 117.81 75.15 Td (results ) Tj ET Q q 0 0 0 rg BT 149.60 75.15 Td (of ) Tj ET Q q 0 0 0 rg BT 160.28 75.15 Td (operations ) Tj ET Q q 0 0 0 rg BT 209.32 75.15 Td (for ) Tj ET Q q 0 0 0 rg BT 223.33 75.15 Td (these ) Tj ET Q q 0 0 0 rg BT 250.14 75.15 Td (acquisitions, ) Tj ET Q q 0 0 0 rg BT 307.51 75.15 Td (including ) Tj ET Q q 0 0 0 rg BT 349.32 75.15 Td (HTC, ) Tj ET Q q 0 0 0 rg BT 374.99 75.15 Td (have ) Tj ET Q q 0 0 0 rg BT 399.02 75.15 Td (not ) Tj ET Q q 0 0 0 rg BT 415.26 75.15 Td (been ) Tj ET Q q 0 0 0 rg BT 439.85 75.15 Td (presented ) Tj ET Q q 0 0 0 rg BT 486.67 75.15 Td (because ) Tj ET Q q 0 0 0 rg BT 526.82 75.15 Td (they ) Tj ET Q q 0 0 0 rg BT 548.06 75.15 Td (are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 63.15 Td (not ) Tj ET Q q 0 0 0 rg BT 66.18 63.15 Td (material ) Tj ET Q q 0 0 0 rg BT 104.52 63.15 Td (to ) Tj ET Q q 0 0 0 rg BT 115.64 63.15 Td (the ) Tj ET Q q 0 0 0 rg BT 132.32 63.15 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 191.25 63.15 Td (results ) Tj ET Q q 0 0 0 rg BT 223.48 63.15 Td (of ) Tj ET Q q 0 0 0 rg BT 234.60 63.15 Td (operations, ) Tj ET Q q 0 0 0 rg BT 286.86 63.15 Td (either ) Tj ET Q q 0 0 0 rg BT 314.65 63.15 Td (individually ) Tj ET Q q 0 0 0 rg BT 366.35 63.15 Td (or ) Tj ET Q q 0 0 0 rg BT 378.02 63.15 Td (in ) Tj ET Q q 0 0 0 rg BT 388.58 63.15 Td (the ) Tj ET Q q 0 0 0 rg BT 405.26 63.15 Td (aggregate.) 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Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.40 31.25 Td (23) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 741.75 Td (For ) Tj ET Q q 0 0 0 rg BT 90.17 741.75 Td (all ) Tj ET Q q 0 0 0 rg BT 103.35 741.75 Td (intangible ) Tj ET Q q 0 0 0 rg BT 149.33 741.75 Td (assets ) Tj ET Q q 0 0 0 rg BT 181.41 741.75 Td (acquired ) Tj ET Q q 0 0 0 rg BT 222.94 741.75 Td (and ) Tj ET Q q 0 0 0 rg BT 242.79 741.75 Td (purchased ) Tj ET Q q 0 0 0 rg BT 292.67 741.75 Td (during ) Tj ET Q q 0 0 0 rg BT 323.63 741.75 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.71 741.75 Td (three ) Tj ET Q q 0 0 0 rg BT 366.67 741.75 Td (months ) Tj ET Q q 0 0 0 rg BT 402.64 741.75 Td (ended ) Tj ET Q q 0 0 0 rg BT 433.62 741.75 Td (March ) Tj ET Q q 0 0 0 rg BT 464.57 741.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 481.65 741.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.89 741.75 Td (, ) Tj ET Q q 0 0 0 rg BT 509.84 741.75 Td (patents ) Tj ET Q q 0 0 0 rg BT 545.82 741.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 729.75 Td (developed ) Tj ET Q q 0 0 0 rg BT 99.58 729.75 Td (technology ) Tj ET Q q 0 0 0 rg BT 151.87 729.75 Td (have ) Tj ET Q q 0 0 0 rg BT 177.48 729.75 Td (a ) Tj ET Q q 0 0 0 rg BT 186.96 729.75 Td (weighted-average ) Tj ET Q q 0 0 0 rg BT 270.38 729.75 Td (useful ) Tj ET Q q 0 0 0 rg BT 300.99 729.75 Td (life ) Tj ET Q q 0 0 0 rg BT 317.70 729.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.96 729.75 Td (3.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 343.86 729.75 Td ( ) Tj ET Q q 0 0 0 rg BT 347.78 729.75 Td (years, ) Tj ET Q q 0 0 0 rg BT 378.94 729.75 Td (customer ) Tj ET Q q 0 0 0 rg BT 423.98 729.75 Td (relationships ) Tj ET Q q 0 0 0 rg BT 484.05 729.75 Td (have ) Tj ET Q q 0 0 0 rg BT 509.66 729.75 Td (a ) Tj ET Q q 0 0 0 rg BT 519.14 729.75 Td (weighted-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 717.75 Td (average ) Tj ET Q q 0 0 0 rg BT 88.42 717.75 Td (useful ) Tj ET Q q 0 0 0 rg BT 117.88 717.75 Td (life ) Tj ET Q q 0 0 0 rg BT 133.44 717.75 Td (of? 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Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 699.75 Td (Note ) Tj ET Q q 0 0 0 rg BT 75.00 699.75 Td (8. ) Tj ET Q q 0 0 0 rg BT 86.12 699.75 Td ( ) Tj ET Q q 0 0 0 rg BT 88.90 699.75 Td ( ) Tj ET Q q 0 0 0 rg BT 91.67 699.75 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 94.45 699.75 Td (Goodwill ) Tj ET Q q 0 0 0 rg BT 139.45 699.75 Td (and ) Tj ET Q q 0 0 0 rg BT 160.00 699.75 Td (Other ) Tj ET Q q 0 0 0 rg BT 189.45 699.75 Td (Intangible ) Tj ET Q q 0 0 0 rg BT 239.08 699.75 Td (Assets) Tj ET Q BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 681.75 Td (Goodwill) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 663.75 Td (Changes ) Tj ET Q q 0 0 0 rg BT 116.28 663.75 Td (in ) Tj ET Q q 0 0 0 rg BT 127.82 663.75 Td (the ) Tj ET Q q 0 0 0 rg BT 145.48 663.75 Td (carrying ) Tj ET Q q 0 0 0 rg BT 184.80 663.75 Td (amount ) Tj ET Q q 0 0 0 rg BT 221.91 663.75 Td (of ) Tj ET Q q 0 0 0 rg BT 234.00 663.75 Td (goodwill ) Tj ET Q q 0 0 0 rg BT 273.89 663.75 Td (for ) Tj ET Q q 0 0 0 rg BT 289.32 663.75 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.97 663.75 Td (three ) Tj ET Q q 0 0 0 rg BT 333.52 663.75 Td (months ) Tj ET Q q 0 0 0 rg BT 370.07 663.75 Td (ended ) Tj ET Q q 0 0 0 rg BT 401.63 663.75 Td (March ) Tj ET Q q 0 0 0 rg BT 433.17 663.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 450.83 663.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.07 663.75 Td ( ) Tj ET Q q 0 0 0 rg BT 476.83 663.75 Td (were ) Tj ET Q q 0 0 0 rg BT 502.26 663.75 Td (as ) Tj ET Q q 0 0 0 rg BT 516.57 663.75 Td (follows ) Tj ET Q q 0 0 0 rg BT 550.89 663.75 Td (\(in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 651.75 Td (millions, ) Tj ET Q q 0 0 0 rg BT 88.90 651.75 Td (unaudited\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 617.25 324.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 617.25 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 617.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 617.25 60.00 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gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 561.25 60.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 617.25 m 433.5 617.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 617.25 m 497.5 617.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 617.25 m 561.5 617.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 617.25 m 433.5 617.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 617.25 m 497.5 617.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 617.25 m 561.5 617.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 561.25 m 433.5 561.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 548.25 m 433.5 548.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 546.25 m 433.5 546.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 561.25 m 497.5 561.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 548.25 m 497.5 548.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 546.25 m 497.5 546.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 561.25 m 561.5 561.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 548.25 m 561.5 548.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 546.25 m 561.5 546.25 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 389.20 621.48 Td (Google) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 446.55 621.48 Td (Other Bets) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 521.70 629.48 Td (T) Tj ET Q q 0 0 0 rg BT 525.99 629.48 Td (otal) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 505.65 621.48 Td (Consolidated) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 607.47 Td (Balance as of December 31, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.00 607.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.05 607.47 Td (16,295) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.00 607.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.95 607.47 Td (452) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.00 607.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.05 607.47 Td (16,747) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 593.47 Td (Acquisitions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.60 593.47 Td (1,081) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.05 593.47 Td (0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.60 593.47 Td (1,081) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 579.47 Td (T) Tj ET Q q 0 0 0 rg BT 57.74 579.47 Td (ransfers) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.50 579.47 Td (80) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.15 579.47 Td (\(80) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.65 579.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.05 579.47 Td (0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 565.47 Td (Foreign currency translation and other adjustments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.50 565.47 Td (36) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.75 565.47 Td (\(2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.65 565.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.50 565.47 Td (34) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 551.47 Td (Balance as of March 31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.00 551.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.05 551.47 Td (17,492) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.00 551.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.95 551.47 Td (370) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.00 551.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.05 551.47 Td (17,862) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 529.75 Td (Other ) Tj ET Q q 0 0 0 rg BT 79.45 529.75 Td (Intangible ) Tj ET Q q 0 0 0 rg BT 129.08 529.75 Td (Assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 511.75 Td (Information ) Tj ET Q q 0 0 0 rg BT 125.30 511.75 Td (regarding ) Tj ET Q q 0 0 0 rg BT 170.33 511.75 Td (purchased ) Tj ET Q q 0 0 0 rg BT 219.81 511.75 Td (intangible ) Tj ET Q q 0 0 0 rg BT 265.40 511.75 Td (assets ) Tj ET Q q 0 0 0 rg BT 297.08 511.75 Td (were ) Tj ET Q q 0 0 0 rg BT 321.53 511.75 Td (as ) Tj ET Q q 0 0 0 rg BT 334.87 511.75 Td (follows ) Tj ET Q q 0 0 0 rg BT 368.22 511.75 Td (\(in ) Tj ET Q q 0 0 0 rg BT 382.11 511.75 Td (millions\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 458.25 324.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 458.25 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 458.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 458.25 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 458.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 458.25 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 430.25 324.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 430.25 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 430.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 430.25 60.00 -14.00 re f /GS0 gs 0.8 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0.9333333333333333 1 rg /GS0 gs 501.50 310.25 60.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 486.25 m 433.5 486.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 486.25 m 437.5 486.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 486.25 m 497.5 486.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 486.25 m 501.5 486.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 486.25 m 561.5 486.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 458.25 m 433.5 458.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 458.25 m 497.5 458.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 458.25 m 561.5 458.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 458.25 m 433.5 458.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 458.25 m 497.5 458.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 458.25 m 561.5 458.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 416.25 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8.00 Tf ET q 0 0 0 rg BT 419.85 489.93 Td (As of December 31, 2017) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.00 462.48 Td (? Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 391.40 477.93 Td (Gross) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 386.55 469.93 Td (Carrying) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 387.85 461.93 Td (Amount) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 441.85 470.48 Td (Accumulated) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 442.55 462.48 Td (Amortization) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 524.55 477.93 Td (Net) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 514.55 469.93 Td (Carrying) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 515.85 461.93 Td (Amount) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 448.47 Td (Patents and developed technology) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.00 448.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.60 448.47 Td (5,260) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.00 448.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.60 448.47 Td (3,040) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.00 448.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.60 448.47 Td (2,220) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 434.47 Td (Customer relationships) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.95 434.47 Td (359) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.95 434.47 Td (263) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.50 434.47 Td (96) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 420.47 Td (T) Tj ET Q q 0 0 0 rg BT 57.74 420.47 Td (rade names and other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.95 420.47 Td (544) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.95 420.47 Td (168) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.95 420.47 Td (376) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 406.47 Td (T) Tj ET Q q 0 0 0 rg BT 75.00 406.47 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.00 406.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.60 406.47 Td (6,163) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.00 406.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.60 406.47 Td (3,471) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.00 406.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.60 406.47 Td (2,692) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.00 381.93 Td (? Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 427.40 381.93 Td (As of March 31, 2018) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.00 354.48 Td (? Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 391.40 369.93 Td (Gross) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 386.55 361.93 Td (Carrying) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 387.85 353.93 Td (Amount) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 441.85 362.48 Td (Accumulated) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 442.55 354.48 Td (Amortization) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 524.55 369.93 Td (Net) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 514.55 361.93 Td (Carrying) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 515.85 353.93 Td (Amount) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.00 341.93 Td (? Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 445.20 341.93 Td (\(unaudited\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 328.47 Td (Patents and developed technology) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.00 328.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.60 328.47 Td (5,315) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.00 328.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.60 328.47 Td (3,066) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.00 328.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.60 328.47 Td (2,249) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 314.47 Td (Customer relationships) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.95 314.47 Td (376) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.95 314.47 Td (284) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.50 314.47 Td (92) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 300.47 Td (T) Tj ET Q q 0 0 0 rg BT 57.74 300.47 Td (rade names and other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.95 300.47 Td (643) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.95 300.47 Td (175) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.95 300.47 Td (468) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 286.47 Td (T) Tj ET Q q 0 0 0 rg BT 75.00 286.47 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.00 286.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.60 286.47 Td (6,334) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.00 286.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.60 286.47 Td (3,525) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.00 286.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.60 286.47 Td (2,809) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 264.75 Td (Amortization ) Tj ET Q q 0 0 0 rg BT 131.58 264.75 Td (expense ) Tj ET Q q 0 0 0 rg BT 172.89 264.75 Td (relating ) Tj ET Q q 0 0 0 rg BT 209.19 264.75 Td (to ) Tj ET Q q 0 0 0 rg BT 221.04 264.75 Td (purchased ) Tj ET Q q 0 0 0 rg BT 271.24 264.75 Td (intangible ) Tj ET Q q 0 0 0 rg BT 317.56 264.75 Td (assets ) Tj ET Q q 0 0 0 rg BT 349.96 264.75 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.25 264.75 Td ($206 ) Tj ET Q q 0 0 0 rg BT 397.00 264.75 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.34 264.75 Td ( ) Tj ET Q q 0 0 0 rg BT 428.84 264.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.03 264.75 Td ($195 ) Tj ET Q q 0 0 0 rg BT 474.78 264.75 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.12 264.75 Td ( ) Tj ET Q q 0 0 0 rg BT 506.63 264.75 Td (for ) Tj ET Q q 0 0 0 rg BT 521.80 264.75 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.20 264.75 Td (three ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 252.75 Td (months ) Tj ET Q q 0 0 0 rg BT 85.57 252.75 Td (ended ) Tj ET Q q 0 0 0 rg BT 116.16 252.75 Td (March ) Tj ET Q q 0 0 0 rg BT 146.72 252.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 163.40 252.75 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 185.64 252.75 Td ( ) Tj ET Q q 0 0 0 rg BT 188.42 252.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 207.89 252.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 230.13 252.75 Td (, ) Tj ET Q q 0 0 0 rg BT 235.69 252.75 Td (respectively) Tj ET Q q 0 0 0 rg BT 287.74 252.75 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 234.75 Td (As ) Tj ET Q q 0 0 0 rg BT 87.59 234.75 Td (of ) Tj ET Q q 0 0 0 rg BT 99.36 234.75 Td (March ) Tj ET Q q 0 0 0 rg BT 130.56 234.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 147.89 234.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 170.14 234.75 Td (, ) Tj ET Q q 0 0 0 rg BT 176.34 234.75 Td (expected ) Tj ET Q q 0 0 0 rg BT 220.35 234.75 Td (amortization ) Tj ET Q q 0 0 0 rg BT 278.24 234.75 Td (expense ) Tj ET Q q 0 0 0 rg BT 319.47 234.75 Td (relating ) Tj ET Q q 0 0 0 rg BT 355.69 234.75 Td (to ) Tj ET Q q 0 0 0 rg BT 367.46 234.75 Td (purchased ) Tj ET Q q 0 0 0 rg BT 417.58 234.75 Td (intangible ) Tj ET Q q 0 0 0 rg BT 463.82 234.75 Td (assets ) Tj ET Q q 0 0 0 rg BT 496.14 234.75 Td (for ) Tj ET Q q 0 0 0 rg BT 511.23 234.75 Td (each ) Tj ET Q q 0 0 0 rg BT 536.34 234.75 Td (of ) Tj ET Q q 0 0 0 rg BT 548.11 234.75 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 222.75 Td (next ) Tj ET Q q 0 0 0 rg BT 71.68 222.75 Td (five ) Tj ET Q q 0 0 0 rg BT 90.02 222.75 Td (years ) Tj ET Q q 0 0 0 rg BT 117.25 222.75 Td (and ) Tj ET Q q 0 0 0 rg BT 136.71 222.75 Td (thereafter ) Tj ET Q q 0 0 0 rg BT 182.29 222.75 Td (are ) Tj ET Q q 0 0 0 rg BT 199.53 222.75 Td (as ) Tj ET Q q 0 0 0 rg BT 212.87 222.75 Td (follows ) Tj ET Q q 0 0 0 rg BT 246.21 222.75 Td (\(in ) Tj ET Q q 0 0 0 rg BT 260.10 222.75 Td (millions, ) Tj ET Q q 0 0 0 rg BT 299.00 222.75 Td (unaudited\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 209.25 432.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 209.25 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 181.25 432.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 181.25 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 153.25 432.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 153.25 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 125.25 432.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 125.25 80.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 125.25 m 561.5 125.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 112.25 m 561.5 112.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 110.25 m 561.5 110.25 l s BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 199.47 Td (Remainder of 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.00 199.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.95 199.47 Td (608) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 185.47 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.95 185.47 Td (704) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 171.47 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.95 171.47 Td (578) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 157.47 Td (2021) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.95 157.47 Td (532) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 143.47 Td (2022) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.95 143.47 Td (218) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 129.47 Td (Thereafter) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.95 129.47 Td (169) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.00 115.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.60 115.47 Td (2,809) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 53 0 obj <>] /Rotate 0 /Contents 54 0 R>> endobj 54 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 53 767.1939453125 m 130.8271484375 767.1939453125 l s q 0 0 1 rg BT 53.00 768.62 Td (T) Tj ET Q q 0 0 1 rg BT 58.00 768.62 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.396078431372549 0.396078431372549 0.396078431372549 rg BT 494.20 768.62 Td (Alphabet Inc.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.40 31.25 Td (24) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 741.75 Td (Note ) Tj ET Q q 0 0 0 rg BT 75.00 741.75 Td (9. ) Tj ET Q q 0 0 0 rg BT 86.12 741.75 Td ( ) Tj ET Q q 0 0 0 rg BT 88.90 741.75 Td ( ) Tj ET Q q 0 0 0 rg BT 91.67 741.75 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 94.45 741.75 Td (Contingencies) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 163.35 741.75 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 723.75 Td (Legal ) Tj ET Q q 0 0 0 rg BT 78.90 723.75 Td (Matters) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 72.50 705.75 Td (Antitrust ) Tj ET Q q 0 0 0 rg BT 116.94 705.75 Td (Investigations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 687.75 Td (On ) Tj ET Q q 0 0 0 rg BT 90.25 687.75 Td (November ) Tj ET Q q 0 0 0 rg BT 140.79 687.75 Td (30, ) Tj ET Q q 0 0 0 rg BT 159.11 687.75 Td (2010, ) Tj ET Q q 0 0 0 rg BT 188.54 687.75 Td (the ) Tj ET Q q 0 0 0 rg BT 206.86 687.75 Td (European ) Tj ET Q q 0 0 0 rg BT 254.64 687.75 Td (Commission's ) Tj ET Q q 0 0 0 rg BT 320.97 687.75 Td (\(EC\) ) Tj ET Q q 0 0 0 rg BT 345.94 687.75 Td (Directorate ) Tj ET Q q 0 0 0 rg BT 399.25 687.75 Td (General ) Tj ET Q q 0 0 0 rg BT 439.24 687.75 Td (for ) Tj ET Q q 0 0 0 rg BT 455.33 687.75 Td (Competition ) Tj ET Q q 0 0 0 rg BT 513.10 687.75 Td (opened ) Tj ET Q q 0 0 0 rg BT 550.88 687.75 Td (an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 675.75 Td (investigation ) Tj ET Q q 0 0 0 rg BT 108.37 675.75 Td (into ) Tj ET Q q 0 0 0 rg BT 127.27 675.75 Td (various ) Tj ET Q q 0 0 0 rg BT 162.29 675.75 Td (antitrust-related ) Tj ET Q q 0 0 0 rg BT 234.54 675.75 Td (complaints ) Tj ET Q q 0 0 0 rg BT 285.12 675.75 Td (against ) Tj ET Q q 0 0 0 rg BT 320.14 675.75 Td (us. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 657.75 Td (On ) Tj ET Q q 0 0 0 rg BT 87.96 657.75 Td (April ) Tj ET Q q 0 0 0 rg BT 110.60 657.75 Td (15, ) Tj ET Q q 0 0 0 rg BT 127.14 657.75 Td (2015, ) Tj ET Q q 0 0 0 rg BT 154.81 657.75 Td (the ) Tj ET Q q 0 0 0 rg BT 171.35 657.75 Td (EC ) Tj ET Q q 0 0 0 rg BT 187.88 657.75 Td (issued ) Tj ET Q q 0 0 0 rg BT 219.43 657.75 Td (a ) Tj ET Q q 0 0 0 rg BT 227.63 657.75 Td (Statement ) Tj ET Q q 0 0 0 rg BT 275.85 657.75 Td (of ) Tj ET Q q 0 0 0 rg BT 286.83 657.75 Td (Objections ) Tj ET Q q 0 0 0 rg BT 336.72 657.75 Td (\(SO\) ) Tj ET Q q 0 0 0 rg BT 360.46 657.75 Td (regarding ) Tj ET Q q 0 0 0 rg BT 405.35 657.75 Td (the ) Tj ET Q q 0 0 0 rg BT 421.90 657.75 Td (display ) Tj ET Q q 0 0 0 rg BT 455.66 657.75 Td (and ) Tj ET Q q 0 0 0 rg BT 474.99 657.75 Td (ranking ) Tj ET Q q 0 0 0 rg BT 510.43 657.75 Td (of ) Tj ET Q q 0 0 0 rg BT 521.41 657.75 Td (shopping ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 645.75 Td (search ) Tj ET Q q 0 0 0 rg BT 82.15 645.75 Td (results ) Tj ET Q q 0 0 0 rg BT 113.74 645.75 Td (and ) Tj ET Q q 0 0 0 rg BT 132.55 645.75 Td (ads, ) Tj ET Q q 0 0 0 rg BT 153.59 645.75 Td (to ) Tj ET Q q 0 0 0 rg BT 164.06 645.75 Td (which ) Tj ET Q q 0 0 0 rg BT 191.76 645.75 Td (we ) Tj ET Q q 0 0 0 rg BT 206.68 645.75 Td (responded ) Tj ET Q q 0 0 0 rg BT 256.07 645.75 Td (on ) Tj ET Q q 0 0 0 rg BT 268.91 645.75 Td (August ) Tj ET Q q 0 0 0 rg BT 302.17 645.75 Td (27, ) Tj ET Q q 0 0 0 rg BT 318.21 645.75 Td (2015. ) Tj ET Q q 0 0 0 rg BT 345.37 645.75 Td (On ) Tj ET Q q 0 0 0 rg BT 360.84 645.75 Td (July ) Tj ET Q q 0 0 0 rg BT 380.76 645.75 Td (14, ) Tj ET Q q 0 0 0 rg BT 396.79 645.75 Td (2016, ) Tj ET Q q 0 0 0 rg BT 423.95 645.75 Td (the ) Tj ET Q q 0 0 0 rg BT 439.99 645.75 Td (EC ) Tj ET Q q 0 0 0 rg BT 456.01 645.75 Td (issued ) Tj ET Q q 0 0 0 rg BT 487.05 645.75 Td (a ) Tj ET Q q 0 0 0 rg BT 494.75 645.75 Td (Supplementary ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 633.75 Td (SO ) Tj ET Q q 0 0 0 rg BT 66.86 633.75 Td (regarding ) Tj ET Q q 0 0 0 rg BT 111.52 633.75 Td (shopping ) Tj ET Q q 0 0 0 rg BT 154.52 633.75 Td (search ) Tj ET Q q 0 0 0 rg BT 186.94 633.75 Td (results ) Tj ET Q q 0 0 0 rg BT 218.80 633.75 Td (and ) Tj ET Q q 0 0 0 rg BT 237.90 633.75 Td (ads. ) Tj ET Q q 0 0 0 rg BT 259.21 633.75 Td (On ) Tj ET Q q 0 0 0 rg BT 274.96 633.75 Td (June ) Tj ET Q q 0 0 0 rg BT 299.05 633.75 Td (27, ) Tj ET Q q 0 0 0 rg BT 315.36 633.75 Td (2017, ) Tj ET Q q 0 0 0 rg BT 342.79 633.75 Td (the ) Tj ET Q q 0 0 0 rg BT 359.11 633.75 Td (EC ) Tj ET Q q 0 0 0 rg BT 375.41 633.75 Td (announced ) Tj ET Q q 0 0 0 rg BT 427.31 633.75 Td (its ) Tj ET Q q 0 0 0 rg BT 439.72 633.75 Td (decision ) Tj ET Q q 0 0 0 rg BT 478.82 633.75 Td (that ) Tj ET Q q 0 0 0 rg BT 497.90 633.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 530.33 633.75 Td (actions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 621.75 Td (taken ) Tj ET Q q 0 0 0 rg BT 76.83 621.75 Td (by ) Tj ET Q q 0 0 0 rg BT 89.75 621.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 124.36 621.75 Td (regarding ) Tj ET Q q 0 0 0 rg BT 168.97 621.75 Td (its ) Tj ET Q q 0 0 0 rg BT 181.34 621.75 Td (display ) Tj ET Q q 0 0 0 rg BT 214.83 621.75 Td (and ) Tj ET Q q 0 0 0 rg BT 233.88 621.75 Td (ranking ) Tj ET Q q 0 0 0 rg BT 269.04 621.75 Td (of ) Tj ET Q q 0 0 0 rg BT 279.74 621.75 Td (shopping ) Tj ET Q q 0 0 0 rg BT 322.70 621.75 Td (search ) Tj ET Q q 0 0 0 rg BT 355.07 621.75 Td (results ) Tj ET Q q 0 0 0 rg BT 386.89 621.75 Td (and ) Tj ET Q q 0 0 0 rg BT 405.94 621.75 Td (ads ) Tj ET Q q 0 0 0 rg BT 424.42 621.75 Td (infringed ) Tj ET Q q 0 0 0 rg BT 465.15 621.75 Td (European ) Tj ET Q q 0 0 0 rg BT 510.88 621.75 Td (competition ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 609.75 Td (law) Tj ET Q q 0 0 0 rg BT 64.45 609.75 Td (. ) Tj ET Q q 0 0 0 rg BT 70.13 609.75 Td (The ) Tj ET Q q 0 0 0 rg BT 90.46 609.75 Td (EC ) Tj ET Q q 0 0 0 rg BT 107.46 609.75 Td (decision ) Tj ET Q q 0 0 0 rg BT 147.25 609.75 Td (imposed ) Tj ET Q q 0 0 0 rg BT 188.15 609.75 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 196.81 609.75 Td (€2.42 ) Tj ET Q q 0 0 0 rg BT 224.93 609.75 Td (billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 250.50 609.75 Td ( ) Tj ET Q q 0 0 0 rg BT 253.61 609.75 Td (\(approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.29 609.75 Td ($2.74 ) Tj ET Q q 0 0 0 rg BT 350.41 609.75 Td (billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.98 609.75 Td ( ) Tj ET Q q 0 0 0 rg BT 379.09 609.75 Td (as ) Tj ET Q q 0 0 0 rg BT 392.75 609.75 Td (of ) Tj ET Q q 0 0 0 rg BT 404.19 609.75 Td (June ) Tj ET Q q 0 0 0 rg BT 428.98 609.75 Td (27, ) Tj ET Q q 0 0 0 rg BT 445.98 609.75 Td (2017\) ) Tj ET Q q 0 0 0 rg BT 474.65 609.75 Td (fine. ) Tj ET Q q 0 0 0 rg BT 496.66 609.75 Td (On ) Tj ET Q q 0 0 0 rg BT 513.10 609.75 Td (September ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 597.75 Td (1) Tj ET Q q 0 0 0 rg BT 54.82 597.75 Td (1, ) Tj ET Q q 0 0 0 rg BT 67.16 597.75 Td (2017, ) Tj ET Q q 0 0 0 rg BT 96.18 597.75 Td (we ) Tj ET Q q 0 0 0 rg BT 112.96 597.75 Td (appealed ) Tj ET Q q 0 0 0 rg BT 158.12 597.75 Td (the ) Tj ET Q q 0 0 0 rg BT 176.02 597.75 Td (EC ) Tj ET Q q 0 0 0 rg BT 193.91 597.75 Td (decision ) Tj ET Q q 0 0 0 rg BT 234.59 597.75 Td (and ) Tj ET Q q 0 0 0 rg BT 255.28 597.75 Td (on ) Tj ET Q q 0 0 0 rg BT 270.40 597.75 Td (September ) Tj ET Q q 0 0 0 rg BT 323.32 597.75 Td (27, ) Tj ET Q q 0 0 0 rg BT 341.22 597.75 Td (2017, ) Tj ET Q q 0 0 0 rg BT 370.24 597.75 Td (we ) Tj ET Q q 0 0 0 rg BT 387.02 597.75 Td (implemented ) Tj ET Q q 0 0 0 rg BT 448.27 597.75 Td (product ) Tj ET Q q 0 0 0 rg BT 485.63 597.75 Td (changes ) Tj ET Q q 0 0 0 rg BT 527.43 597.75 Td (to ) Tj ET Q q 0 0 0 rg BT 539.77 597.75 Td (bring ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 585.75 Td (shopping ) Tj ET Q q 0 0 0 rg BT 93.53 585.75 Td (ads ) Tj ET Q q 0 0 0 rg BT 112.60 585.75 Td (into ) Tj ET Q q 0 0 0 rg BT 131.66 585.75 Td (compliance ) Tj ET Q q 0 0 0 rg BT 185.18 585.75 Td (with ) Tj ET Q q 0 0 0 rg BT 205.91 585.75 Td (the ) Tj ET Q q 0 0 0 rg BT 222.75 585.75 Td (EC's ) Tj ET Q q 0 0 0 rg BT 246.49 585.75 Td (decision. ) Tj ET Q q 0 0 0 rg BT 288.90 585.75 Td (W) Tj ET Q q 0 0 0 rg BT 298.16 585.75 Td (e ) Tj ET Q q 0 0 0 rg BT 306.66 585.75 Td (recognized ) Tj ET Q q 0 0 0 rg BT 358.52 585.75 Td (a ) Tj ET Q q 0 0 0 rg BT 367.02 585.75 Td (charge ) Tj ET Q q 0 0 0 rg BT 400.54 585.75 Td (of ) Tj ET Q q 0 0 0 rg BT 411.82 585.75 Td (approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.01 585.75 Td ($2.74 ) Tj ET Q q 0 0 0 rg BT 504.98 585.75 Td (billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.55 585.75 Td ( ) Tj ET Q q 0 0 0 rg BT 533.49 585.75 Td (for ) Tj ET Q q 0 0 0 rg BT 548.10 585.75 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 573.75 Td (fine ) Tj ET Q q 0 0 0 rg BT 70.29 573.75 Td (in ) Tj ET Q q 0 0 0 rg BT 82.24 573.75 Td (the ) Tj ET Q q 0 0 0 rg BT 100.31 573.75 Td (second ) Tj ET Q q 0 0 0 rg BT 136.73 573.75 Td (quarter ) Tj ET Q q 0 0 0 rg BT 172.58 573.75 Td (of ) Tj ET Q q 0 0 0 rg BT 185.09 573.75 Td (2017. ) Tj ET Q q 0 0 0 rg BT 214.01 573.75 Td (The ) Tj ET Q q 0 0 0 rg BT 235.41 573.75 Td (fine ) Tj ET Q q 0 0 0 rg BT 255.70 573.75 Td (is ) Tj ET Q q 0 0 0 rg BT 267.09 573.75 Td (included ) Tj ET Q q 0 0 0 rg BT 308.51 573.75 Td (in ) Tj ET Q q 0 0 0 rg BT 320.46 573.75 Td (accrued ) Tj ET Q q 0 0 0 rg BT 360.21 573.75 Td (expenses ) Tj ET Q q 0 0 0 rg BT 407.18 573.75 Td (and ) Tj ET Q q 0 0 0 rg BT 428.04 573.75 Td (other ) Tj ET Q q 0 0 0 rg BT 455.00 573.75 Td (current ) Tj ET Q q 0 0 0 rg BT 490.29 573.75 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 532.25 573.75 Td (on ) Tj ET Q q 0 0 0 rg BT 547.54 573.75 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 561.75 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 111.15 561.75 Td (Balance ) Tj ET Q q 0 0 0 rg BT 150.07 561.75 Td (Sheets ) Tj ET Q q 0 0 0 rg BT 183.98 561.75 Td (as ) Tj ET Q q 0 0 0 rg BT 197.32 561.75 Td (we ) Tj ET Q q 0 0 0 rg BT 212.88 561.75 Td (provided ) Tj ET Q q 0 0 0 rg BT 254.02 561.75 Td (bank ) Tj ET Q q 0 0 0 rg BT 278.48 561.75 Td (guarantees ) Tj ET Q q 0 0 0 rg BT 331.30 561.75 Td (in ) Tj ET Q q 0 0 0 rg BT 341.86 561.75 Td (lieu ) Tj ET Q q 0 0 0 rg BT 360.21 561.75 Td (of ) Tj ET Q q 0 0 0 rg BT 371.32 561.75 Td (a ) Tj ET Q q 0 0 0 rg BT 379.66 561.75 Td (cash ) Tj ET Q q 0 0 0 rg BT 403.56 561.75 Td (payment ) Tj ET Q q 0 0 0 rg BT 444.70 561.75 Td (for ) Tj ET Q q 0 0 0 rg BT 459.15 561.75 Td (the ) Tj ET Q q 0 0 0 rg BT 475.83 561.75 Td (fine.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 543.75 Td (On ) Tj ET Q q 0 0 0 rg BT 88.26 543.75 Td (April ) Tj ET Q q 0 0 0 rg BT 111.28 543.75 Td (20, ) Tj ET Q q 0 0 0 rg BT 128.20 543.75 Td (2016, ) Tj ET Q q 0 0 0 rg BT 156.25 543.75 Td (the ) Tj ET Q q 0 0 0 rg BT 173.17 543.75 Td (EC ) Tj ET Q q 0 0 0 rg BT 190.08 543.75 Td (issued ) Tj ET Q q 0 0 0 rg BT 222.00 543.75 Td (an ) Tj ET Q q 0 0 0 rg BT 236.14 543.75 Td (SO ) Tj ET Q q 0 0 0 rg BT 253.61 543.75 Td (regarding ) Tj ET Q q 0 0 0 rg BT 298.88 543.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 331.31 543.75 Td (Android ) Tj ET Q q 0 0 0 rg BT 368.80 543.75 Td (distribution ) Tj ET Q q 0 0 0 rg BT 420.18 543.75 Td (practices. ) Tj ET Q q 0 0 0 rg BT 465.99 543.75 Td (On ) Tj ET Q q 0 0 0 rg BT 482.35 543.75 Td (July ) Tj ET Q q 0 0 0 rg BT 503.15 543.75 Td (14, ) Tj ET Q q 0 0 0 rg BT 520.07 543.75 Td (2016, ) Tj ET Q q 0 0 0 rg BT 548.11 543.75 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 531.75 Td (EC ) Tj ET Q q 0 0 0 rg BT 66.00 531.75 Td (issued ) Tj ET Q q 0 0 0 rg BT 97.02 531.75 Td (an ) Tj ET Q q 0 0 0 rg BT 110.25 531.75 Td (SO ) Tj ET Q q 0 0 0 rg BT 126.81 531.75 Td (regarding ) Tj ET Q q 0 0 0 rg BT 171.17 531.75 Td (the ) Tj ET Q q 0 0 0 rg BT 187.18 531.75 Td (syndication ) Tj ET Q q 0 0 0 rg BT 239.32 531.75 Td (of ) Tj ET Q q 0 0 0 rg BT 249.35 531.75 Td (AdSense ) Tj ET Q q 0 0 0 rg BT 292.04 531.75 Td (for ) Tj ET Q q 0 0 0 rg BT 305.82 531.75 Td (Search. ) Tj ET Q q 0 0 0 rg BT 342.39 531.75 Td (W) Tj ET Q q 0 0 0 rg BT 351.65 531.75 Td (e ) Tj ET Q q 0 0 0 rg BT 359.32 531.75 Td (responded ) Tj ET Q q 0 0 0 rg BT 408.69 531.75 Td (to ) Tj ET Q q 0 0 0 rg BT 419.14 531.75 Td (the ) Tj ET Q q 0 0 0 rg BT 435.15 531.75 Td (SOs ) Tj ET Q q 0 0 0 rg BT 456.71 531.75 Td (and ) Tj ET Q q 0 0 0 rg BT 475.50 531.75 Td (continue ) Tj ET Q q 0 0 0 rg BT 515.42 531.75 Td (to ) Tj ET Q q 0 0 0 rg BT 525.87 531.75 Td (respond ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 519.75 Td (to ) Tj ET Q q 0 0 0 rg BT 60.32 519.75 Td (the ) Tj ET Q q 0 0 0 rg BT 76.19 519.75 Td (EC's ) Tj ET Q q 0 0 0 rg BT 98.97 519.75 Td (informational ) Tj ET Q q 0 0 0 rg BT 158.20 519.75 Td (requests. ) Tj ET Q q 0 0 0 rg BT 201.18 519.75 Td (There ) Tj ET Q q 0 0 0 rg BT 229.28 519.75 Td (is ) Tj ET Q q 0 0 0 rg BT 238.48 519.75 Td (significant ) Tj ET Q q 0 0 0 rg BT 284.92 519.75 Td (uncertainty ) Tj ET Q q 0 0 0 rg BT 335.81 519.75 Td (as ) Tj ET Q q 0 0 0 rg BT 348.35 519.75 Td (to ) Tj ET Q q 0 0 0 rg BT 358.67 519.75 Td (the ) Tj ET Q q 0 0 0 rg BT 374.55 519.75 Td (outcomes ) Tj ET Q q 0 0 0 rg BT 419.88 519.75 Td (of ) Tj ET Q q 0 0 0 rg BT 430.19 519.75 Td (these ) Tj ET Q q 0 0 0 rg BT 456.63 519.75 Td (investigations; ) Tj ET Q q 0 0 0 rg BT 521.98 519.75 Td (however) Tj ET Q q 0 0 0 rg BT 559.23 519.75 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 507.75 Td (adverse ) Tj ET Q q 0 0 0 rg BT 88.42 507.75 Td (decisions ) Tj ET Q q 0 0 0 rg BT 132.95 507.75 Td (could ) Tj ET Q q 0 0 0 rg BT 159.70 507.75 Td (result ) Tj ET Q q 0 0 0 rg BT 187.00 507.75 Td (in ) Tj ET Q q 0 0 0 rg BT 197.62 507.75 Td (fines ) Tj ET Q q 0 0 0 rg BT 221.59 507.75 Td (and ) Tj ET Q q 0 0 0 rg BT 241.12 507.75 Td (directives ) Tj ET Q q 0 0 0 rg BT 286.20 507.75 Td (to ) Tj ET Q q 0 0 0 rg BT 297.38 507.75 Td (alter ) Tj ET Q q 0 0 0 rg BT 319.68 507.75 Td (or ) Tj ET Q q 0 0 0 rg BT 331.41 507.75 Td (terminate ) Tj ET Q q 0 0 0 rg BT 375.94 507.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 408.80 507.75 Td (conduct. ) Tj ET Q q 0 0 0 rg BT 449.44 507.75 Td (Given ) Tj ET Q q 0 0 0 rg BT 478.41 507.75 Td (the ) Tj ET Q q 0 0 0 rg BT 495.16 507.75 Td (nature ) Tj ET Q q 0 0 0 rg BT 526.35 507.75 Td (of ) Tj ET Q q 0 0 0 rg BT 537.54 507.75 Td (these ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 495.75 Td (cases, ) Tj ET Q q 0 0 0 rg BT 80.73 495.75 Td (we ) Tj ET Q q 0 0 0 rg BT 95.34 495.75 Td (are ) Tj ET Q q 0 0 0 rg BT 111.62 495.75 Td (unable ) Tj ET Q q 0 0 0 rg BT 143.48 495.75 Td (to ) Tj ET Q q 0 0 0 rg BT 153.65 495.75 Td (estimate ) Tj ET Q q 0 0 0 rg BT 193.27 495.75 Td (the ) Tj ET Q q 0 0 0 rg BT 209.00 495.75 Td (reasonably ) Tj ET Q q 0 0 0 rg BT 259.75 495.75 Td (possible ) Tj ET Q q 0 0 0 rg BT 298.27 495.75 Td (loss ) Tj ET Q q 0 0 0 rg BT 317.88 495.75 Td (or ) Tj ET Q q 0 0 0 rg BT 328.60 495.75 Td (ranges ) Tj ET Q q 0 0 0 rg BT 361.01 495.75 Td (of ) Tj ET Q q 0 0 0 rg BT 371.17 495.75 Td (loss, ) Tj ET Q q 0 0 0 rg BT 393.56 495.75 Td (if ) Tj ET Q q 0 0 0 rg BT 400.39 495.75 Td (any) Tj ET Q q 0 0 0 rg BT 415.77 495.75 Td (. ) Tj ET Q q 0 0 0 rg BT 420.38 495.75 Td (W) Tj ET Q q 0 0 0 rg BT 429.64 495.75 Td (e ) Tj ET Q q 0 0 0 rg BT 437.03 495.75 Td (remain ) Tj ET Q q 0 0 0 rg BT 469.42 495.75 Td (committed ) Tj ET Q q 0 0 0 rg BT 517.38 495.75 Td (to ) Tj ET Q q 0 0 0 rg BT 527.54 495.75 Td (working ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 483.75 Td (with ) Tj ET Q q 0 0 0 rg BT 70.56 483.75 Td (the ) Tj ET Q q 0 0 0 rg BT 87.24 483.75 Td (EC ) Tj ET Q q 0 0 0 rg BT 103.91 483.75 Td (to ) Tj ET Q q 0 0 0 rg BT 115.03 483.75 Td (resolve ) Tj ET Q q 0 0 0 rg BT 150.04 483.75 Td (these ) Tj ET Q q 0 0 0 rg BT 177.29 483.75 Td (matters.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 465.75 Td (The ) Tj ET Q q 0 0 0 rg BT 91.97 465.75 Td (Comision ) Tj ET Q q 0 0 0 rg BT 135.89 465.75 Td (Nacional ) Tj ET Q q 0 0 0 rg BT 177.05 465.75 Td (de ) Tj ET Q q 0 0 0 rg BT 190.41 465.75 Td (Defensa ) Tj ET Q q 0 0 0 rg BT 229.90 465.75 Td (de ) Tj ET Q q 0 0 0 rg BT 243.26 465.75 Td (la ) Tj ET Q q 0 0 0 rg BT 253.29 465.75 Td (Competencia ) Tj ET Q q 0 0 0 rg BT 314.45 465.75 Td (in ) Tj ET Q q 0 0 0 rg BT 324.03 465.75 Td (Argentina, ) Tj ET Q q 0 0 0 rg BT 371.85 465.75 Td (the ) Tj ET Q q 0 0 0 rg BT 388.00 465.75 Td (Competition ) Tj ET Q q 0 0 0 rg BT 443.60 465.75 Td (Commission ) Tj ET Q q 0 0 0 rg BT 500.85 465.75 Td (of ) Tj ET Q q 0 0 0 rg BT 511.43 465.75 Td (India ) Tj ET Q q 0 0 0 rg BT 535.36 465.75 Td (\(CCI\), ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 453.75 Td (Brazil's ) Tj ET Q q 0 0 0 rg BT 85.01 453.75 Td (Administrative ) Tj ET Q q 0 0 0 rg BT 151.67 453.75 Td (Council ) Tj ET Q q 0 0 0 rg BT 188.88 453.75 Td (for ) Tj ET Q q 0 0 0 rg BT 204.41 453.75 Td (Economic ) Tj ET Q q 0 0 0 rg BT 252.18 453.75 Td (Defense ) Tj ET Q q 0 0 0 rg BT 293.29 453.75 Td (\(CADE\), ) Tj ET Q q 0 0 0 rg BT 334.37 453.75 Td (and ) Tj ET Q q 0 0 0 rg BT 354.92 453.75 Td (the ) Tj ET Q q 0 0 0 rg BT 372.69 453.75 Td (Korean ) Tj ET Q q 0 0 0 rg BT 408.79 453.75 Td (Fair ) Tj ET Q q 0 0 0 rg BT 429.63 453.75 Td (T) Tj ET Q q 0 0 0 rg BT 435.36 453.75 Td (rade ) Tj ET Q q 0 0 0 rg BT 459.24 453.75 Td (Commission ) Tj ET Q q 0 0 0 rg BT 518.11 453.75 Td (have ) Tj ET Q q 0 0 0 rg BT 543.66 453.75 Td (also ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 441.75 Td (opened ) Tj ET Q q 0 0 0 rg BT 86.67 441.75 Td (investigations ) Tj ET Q q 0 0 0 rg BT 150.57 441.75 Td (into ) Tj ET Q q 0 0 0 rg BT 169.99 441.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 203.31 441.75 Td (of ) Tj ET Q q 0 0 0 rg BT 214.95 441.75 Td (our ) Tj ET Q q 0 0 0 rg BT 232.71 441.75 Td (business ) Tj ET Q q 0 0 0 rg BT 275.48 441.75 Td (practices. ) Tj ET Q q 0 0 0 rg BT 321.58 441.75 Td (In ) Tj ET Q q 0 0 0 rg BT 333.22 441.75 Td (November ) Tj ET Q q 0 0 0 rg BT 382.65 441.75 Td (2016, ) Tj ET Q q 0 0 0 rg BT 410.98 441.75 Td (we ) Tj ET Q q 0 0 0 rg BT 427.07 441.75 Td (responded ) Tj ET Q q 0 0 0 rg BT 477.63 441.75 Td (to ) Tj ET Q q 0 0 0 rg BT 489.27 441.75 Td (the ) Tj ET Q q 0 0 0 rg BT 506.48 441.75 Td (CCI ) Tj ET Q q 0 0 0 rg BT 527.00 441.75 Td (Director ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 429.75 Td (General's ) Tj ET Q q 0 0 0 rg BT 94.49 429.75 Td (report ) Tj ET Q q 0 0 0 rg BT 122.62 429.75 Td (with ) Tj ET Q q 0 0 0 rg BT 142.40 429.75 Td (interim ) Tj ET Q q 0 0 0 rg BT 174.41 429.75 Td (findings ) Tj ET Q q 0 0 0 rg BT 210.88 429.75 Td (of ) Tj ET Q q 0 0 0 rg BT 221.23 429.75 Td (competition ) Tj ET Q q 0 0 0 rg BT 274.37 429.75 Td (law ) Tj ET Q q 0 0 0 rg BT 291.38 429.75 Td (infringements ) Tj ET Q q 0 0 0 rg BT 353.41 429.75 Td (regarding ) Tj ET Q q 0 0 0 rg BT 397.67 429.75 Td (search ) Tj ET Q q 0 0 0 rg BT 429.68 429.75 Td (and ) Tj ET Q q 0 0 0 rg BT 448.37 429.75 Td (ads. ) Tj ET Q q 0 0 0 rg BT 469.28 429.75 Td (On ) Tj ET Q q 0 0 0 rg BT 484.62 429.75 Td (February ) Tj ET Q q 0 0 0 rg BT 526.64 429.75 Td (8, ) Tj ET Q q 0 0 0 rg BT 536.98 429.75 Td (2018, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 417.75 Td (the ) Tj ET Q q 0 0 0 rg BT 65.85 417.75 Td (CCI ) Tj ET Q q 0 0 0 rg BT 85.02 417.75 Td (issued ) Tj ET Q q 0 0 0 rg BT 115.87 417.75 Td (its ) Tj ET Q q 0 0 0 rg BT 127.82 417.75 Td (final ) Tj ET Q q 0 0 0 rg BT 148.12 417.75 Td (decision, ) Tj ET Q q 0 0 0 rg BT 189.53 417.75 Td (including ) Tj ET Q q 0 0 0 rg BT 230.95 417.75 Td (a ) Tj ET Q q 0 0 0 rg BT 238.46 417.75 Td (fine ) Tj ET Q q 0 0 0 rg BT 256.53 417.75 Td (of ) Tj ET Q q 0 0 0 rg BT 266.82 417.75 Td (approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.02 417.75 Td ($21 ) Tj ET Q q 0 0 0 rg BT 349.65 417.75 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.99 417.75 Td ( ) Tj ET Q q 0 0 0 rg BT 379.94 417.75 Td (that ) Tj ET Q q 0 0 0 rg BT 398.57 417.75 Td (was ) Tj ET Q q 0 0 0 rg BT 418.30 417.75 Td (accrued ) Tj ET Q q 0 0 0 rg BT 455.83 417.75 Td (for ) Tj ET Q q 0 0 0 rg BT 469.44 417.75 Td (in ) Tj ET Q q 0 0 0 rg BT 479.17 417.75 Td (the ) Tj ET Q q 0 0 0 rg BT 495.02 417.75 Td (current ) Tj ET Q q 0 0 0 rg BT 528.10 417.75 Td (quarter) Tj ET Q q 0 0 0 rg BT 559.23 417.75 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 405.75 Td (finding ) Tj ET Q q 0 0 0 rg BT 81.43 405.75 Td (no ) Tj ET Q q 0 0 0 rg BT 94.52 405.75 Td (violation ) Tj ET Q q 0 0 0 rg BT 133.17 405.75 Td (of ) Tj ET Q q 0 0 0 rg BT 143.47 405.75 Td (competition ) Tj ET Q q 0 0 0 rg BT 196.57 405.75 Td (law ) Tj ET Q q 0 0 0 rg BT 213.54 405.75 Td (infringement ) Tj ET Q q 0 0 0 rg BT 270.53 405.75 Td (on ) Tj ET Q q 0 0 0 rg BT 283.62 405.75 Td (most ) Tj ET Q q 0 0 0 rg BT 307.25 405.75 Td (of ) Tj ET Q q 0 0 0 rg BT 317.55 405.75 Td (the ) Tj ET Q q 0 0 0 rg BT 333.42 405.75 Td (issues ) Tj ET Q q 0 0 0 rg BT 363.73 405.75 Td (it ) Tj ET Q q 0 0 0 rg BT 370.69 405.75 Td (investigated, ) Tj ET Q q 0 0 0 rg BT 428.80 405.75 Td (but ) Tj ET Q q 0 0 0 rg BT 444.66 405.75 Td (finding ) Tj ET Q q 0 0 0 rg BT 476.09 405.75 Td (violations, ) Tj ET Q q 0 0 0 rg BT 522.52 405.75 Td (including ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 393.75 Td (in ) Tj ET Q q 0 0 0 rg BT 60.66 393.75 Td (the ) Tj ET Q q 0 0 0 rg BT 77.44 393.75 Td (display ) Tj ET Q q 0 0 0 rg BT 111.44 393.75 Td (of ) Tj ET Q q 0 0 0 rg BT 122.66 393.75 Td (the ) Tj ET Q q 0 0 0 rg BT 139.43 393.75 Td (“flights ) Tj ET Q q 0 0 0 rg BT 171.76 393.75 Td (unit?) Tj ET Q q 0 0 0 rg BT 194.09 393.75 Td (in ) Tj ET Q q 0 0 0 rg BT 204.75 393.75 Td (search ) Tj ET Q q 0 0 0 rg BT 237.64 393.75 Td (results, ) Tj ET Q q 0 0 0 rg BT 272.75 393.75 Td (and ) Tj ET Q q 0 0 0 rg BT 292.31 393.75 Td (a ) Tj ET Q q 0 0 0 rg BT 300.75 393.75 Td (contractual ) Tj ET Q q 0 0 0 rg BT 352.54 393.75 Td (provision ) Tj ET Q q 0 0 0 rg BT 395.43 393.75 Td (in ) Tj ET Q q 0 0 0 rg BT 406.09 393.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 438.98 393.75 Td (direct ) Tj ET Q q 0 0 0 rg BT 466.31 393.75 Td (search ) Tj ET Q q 0 0 0 rg BT 499.20 393.75 Td (intermediation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 381.75 Td (agreements. ) Tj ET Q q 0 0 0 rg BT 108.36 381.75 Td (W) Tj ET Q q 0 0 0 rg BT 117.62 381.75 Td (e ) Tj ET Q q 0 0 0 rg BT 125.96 381.75 Td (have ) Tj ET Q q 0 0 0 rg BT 150.42 381.75 Td (appealed ) Tj ET Q q 0 0 0 rg BT 194.36 381.75 Td (the ) Tj ET Q q 0 0 0 rg BT 211.04 381.75 Td (CCI ) Tj ET Q q 0 0 0 rg BT 231.04 381.75 Td (decision.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 72.50 363.75 Td (Patent ) Tj ET Q q 0 0 0 rg BT 105.84 363.75 Td (and ) Tj ET Q q 0 0 0 rg BT 126.40 363.75 Td (Intellectual ) Tj ET Q q 0 0 0 rg BT 181.41 363.75 Td (Property ) Tj ET Q q 0 0 0 rg BT 225.31 363.75 Td (Claims) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 345.75 Td (W) Tj ET Q q 0 0 0 rg BT 81.76 345.75 Td (e ) Tj ET Q q 0 0 0 rg BT 89.99 345.75 Td (have ) Tj ET Q q 0 0 0 rg BT 114.35 345.75 Td (had ) Tj ET Q q 0 0 0 rg BT 133.71 345.75 Td (patent, ) Tj ET Q q 0 0 0 rg BT 166.96 345.75 Td (copyright, ) Tj ET Q q 0 0 0 rg BT 212.99 345.75 Td (and ) Tj ET Q q 0 0 0 rg BT 232.34 345.75 Td (trademark ) Tj ET Q q 0 0 0 rg BT 280.03 345.75 Td (infringement ) Tj ET Q q 0 0 0 rg BT 337.73 345.75 Td (lawsuits ) Tj ET Q q 0 0 0 rg BT 375.97 345.75 Td (filed ) Tj ET Q q 0 0 0 rg BT 396.99 345.75 Td (against ) Tj ET Q q 0 0 0 rg BT 431.91 345.75 Td (us ) Tj ET Q q 0 0 0 rg BT 445.14 345.75 Td (claiming ) Tj ET Q q 0 0 0 rg BT 484.49 345.75 Td (that ) Tj ET Q q 0 0 0 rg BT 503.84 345.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 536.53 345.75 Td (of ) Tj ET Q q 0 0 0 rg BT 547.54 345.75 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 333.75 Td (products, ) Tj ET Q q 0 0 0 rg BT 93.20 333.75 Td (services, ) Tj ET Q q 0 0 0 rg BT 134.73 333.75 Td (and ) Tj ET Q q 0 0 0 rg BT 153.48 333.75 Td (technologies ) Tj ET Q q 0 0 0 rg BT 211.70 333.75 Td (infringe ) Tj ET Q q 0 0 0 rg BT 246.57 333.75 Td (the ) Tj ET Q q 0 0 0 rg BT 262.54 333.75 Td (intellectual ) Tj ET Q q 0 0 0 rg BT 311.87 333.75 Td (property ) Tj ET Q q 0 0 0 rg BT 350.62 333.75 Td (rights ) Tj ET Q q 0 0 0 rg BT 377.14 333.75 Td (of ) Tj ET Q q 0 0 0 rg BT 387.55 333.75 Td (others. ) Tj ET Q q 0 0 0 rg BT 419.78 333.75 Td (Adverse ) Tj ET Q q 0 0 0 rg BT 458.54 333.75 Td (results ) Tj ET Q q 0 0 0 rg BT 490.06 333.75 Td (in ) Tj ET Q q 0 0 0 rg BT 499.92 333.75 Td (these ) Tj ET Q q 0 0 0 rg BT 526.45 333.75 Td (lawsuits ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 321.75 Td (may ) Tj ET Q q 0 0 0 rg BT 72.11 321.75 Td (include ) Tj ET Q q 0 0 0 rg BT 107.03 321.75 Td (awards ) Tj ET Q q 0 0 0 rg BT 142.48 321.75 Td (of ) Tj ET Q q 0 0 0 rg BT 154.05 321.75 Td (substantial ) Tj ET Q q 0 0 0 rg BT 205.08 321.75 Td (monetary ) Tj ET Q q 0 0 0 rg BT 249.98 321.75 Td (damages, ) Tj ET Q q 0 0 0 rg BT 297.12 321.75 Td (costly ) Tj ET Q q 0 0 0 rg BT 325.90 321.75 Td (royalty ) Tj ET Q q 0 0 0 rg BT 358.58 321.75 Td (or ) Tj ET Q q 0 0 0 rg BT 370.69 321.75 Td (licensing ) Tj ET Q q 0 0 0 rg BT 412.83 321.75 Td (agreements, ) Tj ET Q q 0 0 0 rg BT 471.63 321.75 Td (or ) Tj ET Q q 0 0 0 rg BT 483.75 321.75 Td (orders ) Tj ET Q q 0 0 0 rg BT 515.32 321.75 Td (preventing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 309.75 Td (us ) Tj ET Q q 0 0 0 rg BT 62.93 309.75 Td (from ) Tj ET Q q 0 0 0 rg BT 85.30 309.75 Td (of) Tj ET Q q 0 0 0 rg BT 93.46 309.75 Td (fering ) Tj ET Q q 0 0 0 rg BT 120.84 309.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 153.22 309.75 Td (features, ) Tj ET Q q 0 0 0 rg BT 194.50 309.75 Td (functionalities, ) Tj ET Q q 0 0 0 rg BT 260.24 309.75 Td (products, ) Tj ET Q q 0 0 0 rg BT 303.74 309.75 Td (or ) Tj ET Q q 0 0 0 rg BT 315.00 309.75 Td (services, ) Tj ET Q q 0 0 0 rg BT 356.83 309.75 Td (and ) Tj ET Q q 0 0 0 rg BT 375.88 309.75 Td (may ) Tj ET Q q 0 0 0 rg BT 397.14 309.75 Td (also ) Tj ET Q q 0 0 0 rg BT 417.85 309.75 Td (cause ) Tj ET Q q 0 0 0 rg BT 446.91 309.75 Td (us ) Tj ET Q q 0 0 0 rg BT 459.84 309.75 Td (to ) Tj ET Q q 0 0 0 rg BT 470.54 309.75 Td (change ) Tj ET Q q 0 0 0 rg BT 505.72 309.75 Td (our ) Tj ET Q q 0 0 0 rg BT 522.54 309.75 Td (business ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 297.75 Td (practices, ) Tj ET Q q 0 0 0 rg BT 94.95 297.75 Td (and ) Tj ET Q q 0 0 0 rg BT 113.79 297.75 Td (require ) Tj ET Q q 0 0 0 rg BT 147.07 297.75 Td (development ) Tj ET Q q 0 0 0 rg BT 206.49 297.75 Td (of ) Tj ET Q q 0 0 0 rg BT 216.98 297.75 Td (non-infringing ) Tj ET Q q 0 0 0 rg BT 279.74 297.75 Td (products ) Tj ET Q q 0 0 0 rg BT 320.25 297.75 Td (or ) Tj ET Q q 0 0 0 rg BT 331.29 297.75 Td (technologies, ) Tj ET Q q 0 0 0 rg BT 392.38 297.75 Td (which ) Tj ET Q q 0 0 0 rg BT 420.10 297.75 Td (could ) Tj ET Q q 0 0 0 rg BT 446.16 297.75 Td (result ) Tj ET Q q 0 0 0 rg BT 472.77 297.75 Td (in ) Tj ET Q q 0 0 0 rg BT 482.71 297.75 Td (a ) Tj ET Q q 0 0 0 rg BT 490.43 297.75 Td (loss ) Tj ET Q q 0 0 0 rg BT 510.37 297.75 Td (of ) Tj ET Q q 0 0 0 rg BT 520.86 297.75 Td (revenues ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 285.75 Td (for ) Tj ET Q q 0 0 0 rg BT 64.42 285.75 Td (us ) Tj ET Q q 0 0 0 rg BT 77.73 285.75 Td (and ) Tj ET Q q 0 0 0 rg BT 97.17 285.75 Td (otherwise ) Tj ET Q q 0 0 0 rg BT 142.71 285.75 Td (harm ) Tj ET Q q 0 0 0 rg BT 168.25 285.75 Td (our ) Tj ET Q q 0 0 0 rg BT 185.45 285.75 Td (business. ) Tj ET Q q 0 0 0 rg BT 230.45 285.75 Td (In ) Tj ET Q q 0 0 0 rg BT 241.54 285.75 Td (addition, ) Tj ET Q q 0 0 0 rg BT 282.09 285.75 Td (the ) Tj ET Q q 0 0 0 rg BT 298.75 285.75 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 320.94 285.75 Td (International ) Tj ET Q q 0 0 0 rg BT 378.55 285.75 Td (T) Tj ET Q q 0 0 0 rg BT 384.29 285.75 Td (rade ) Tj ET Q q 0 0 0 rg BT 407.06 285.75 Td (Commission ) Tj ET Q q 0 0 0 rg BT 464.81 285.75 Td (\(ITC\) ) Tj ET Q q 0 0 0 rg BT 490.33 285.75 Td (has ) Tj ET Q q 0 0 0 rg BT 509.21 285.75 Td (increasingly ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 273.75 Td (become ) Tj ET Q q 0 0 0 rg BT 89.18 273.75 Td (an ) Tj ET Q q 0 0 0 rg BT 103.90 273.75 Td (important ) Tj ET Q q 0 0 0 rg BT 149.19 273.75 Td (forum ) Tj ET Q q 0 0 0 rg BT 178.35 273.75 Td (to ) Tj ET Q q 0 0 0 rg BT 190.29 273.75 Td (litigate ) Tj ET Q q 0 0 0 rg BT 222.79 273.75 Td (intellectual ) Tj ET Q q 0 0 0 rg BT 273.65 273.75 Td (property ) Tj ET Q q 0 0 0 rg BT 313.93 273.75 Td (disputes ) Tj ET Q q 0 0 0 rg BT 354.78 273.75 Td (because ) Tj ET Q q 0 0 0 rg BT 396.19 273.75 Td (an ) Tj ET Q q 0 0 0 rg BT 410.91 273.75 Td (ultimate ) Tj ET Q q 0 0 0 rg BT 449.53 273.75 Td (loss ) Tj ET Q q 0 0 0 rg BT 470.91 273.75 Td (for ) Tj ET Q q 0 0 0 rg BT 486.18 273.75 Td (a ) Tj ET Q q 0 0 0 rg BT 495.34 273.75 Td (company ) Tj ET Q q 0 0 0 rg BT 539.52 273.75 Td (or ) Tj ET Q q 0 0 0 rg BT 552.01 273.75 Td (its ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 261.75 Td (suppliers ) Tj ET Q q 0 0 0 rg BT 92.63 261.75 Td (in ) Tj ET Q q 0 0 0 rg BT 103.01 261.75 Td (an ) Tj ET Q q 0 0 0 rg BT 116.74 261.75 Td (ITC ) Tj ET Q q 0 0 0 rg BT 135.46 261.75 Td (action ) Tj ET Q q 0 0 0 rg BT 164.75 261.75 Td (could ) Tj ET Q q 0 0 0 rg BT 191.26 261.75 Td (result ) Tj ET Q q 0 0 0 rg BT 218.32 261.75 Td (in ) Tj ET Q q 0 0 0 rg BT 228.71 261.75 Td (a ) Tj ET Q q 0 0 0 rg BT 236.88 261.75 Td (prohibition ) Tj ET Q q 0 0 0 rg BT 285.63 261.75 Td (on ) Tj ET Q q 0 0 0 rg BT 299.35 261.75 Td (importing ) Tj ET Q q 0 0 0 rg BT 343.09 261.75 Td (infringing ) Tj ET Q q 0 0 0 rg BT 386.27 261.75 Td (products ) Tj ET Q q 0 0 0 rg BT 427.24 261.75 Td (into ) Tj ET Q q 0 0 0 rg BT 445.96 261.75 Td (the ) Tj ET Q q 0 0 0 rg BT 462.47 261.75 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 484.53 261.75 Td (Because ) Tj ET Q q 0 0 0 rg BT 526.05 261.75 Td (the ) Tj ET Q q 0 0 0 rg BT 542.56 261.75 Td (U.S. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 249.75 Td (is ) Tj ET Q q 0 0 0 rg BT 59.92 249.75 Td (an ) Tj ET Q q 0 0 0 rg BT 73.74 249.75 Td (important ) Tj ET Q q 0 0 0 rg BT 118.12 249.75 Td (market, ) Tj ET Q q 0 0 0 rg BT 154.16 249.75 Td (a ) Tj ET Q q 0 0 0 rg BT 162.42 249.75 Td (prohibition ) Tj ET Q q 0 0 0 rg BT 211.26 249.75 Td (on ) Tj ET Q q 0 0 0 rg BT 225.08 249.75 Td (importation ) Tj ET Q q 0 0 0 rg BT 277.25 249.75 Td (could ) Tj ET Q q 0 0 0 rg BT 303.85 249.75 Td (have ) Tj ET Q q 0 0 0 rg BT 328.24 249.75 Td (an ) Tj ET Q q 0 0 0 rg BT 342.06 249.75 Td (adverse ) Tj ET Q q 0 0 0 rg BT 380.33 249.75 Td (ef) Tj ET Q q 0 0 0 rg BT 388.49 249.75 Td (fect ) Tj ET Q q 0 0 0 rg BT 407.31 249.75 Td (on ) Tj ET Q q 0 0 0 rg BT 421.13 249.75 Td (us, ) Tj ET Q q 0 0 0 rg BT 437.17 249.75 Td (including ) Tj ET Q q 0 0 0 rg BT 479.34 249.75 Td (preventing ) Tj ET Q q 0 0 0 rg BT 528.74 249.75 Td (us ) Tj ET Q q 0 0 0 rg BT 542.00 249.75 Td (from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 237.75 Td (importing ) Tj ET Q q 0 0 0 rg BT 94.26 237.75 Td (many ) Tj ET Q q 0 0 0 rg BT 121.85 237.75 Td (important ) Tj ET Q q 0 0 0 rg BT 166.66 237.75 Td (products ) Tj ET Q q 0 0 0 rg BT 208.15 237.75 Td (into ) Tj ET Q q 0 0 0 rg BT 227.40 237.75 Td (the ) Tj ET Q q 0 0 0 rg BT 244.44 237.75 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 267.02 237.75 Td (or ) Tj ET Q q 0 0 0 rg BT 279.04 237.75 Td (necessitating ) Tj ET Q q 0 0 0 rg BT 340.54 237.75 Td (workarounds ) Tj ET Q q 0 0 0 rg BT 400.93 237.75 Td (that ) Tj ET Q q 0 0 0 rg BT 420.74 237.75 Td (may ) Tj ET Q q 0 0 0 rg BT 442.76 237.75 Td (limit ) Tj ET Q q 0 0 0 rg BT 463.67 237.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 496.82 237.75 Td (features ) Tj ET Q q 0 0 0 rg BT 536.08 237.75 Td (of ) Tj ET Q q 0 0 0 rg BT 547.55 237.75 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 225.75 Td (products.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 207.75 Td (Furthermore, ) Tj ET Q q 0 0 0 rg BT 132.99 207.75 Td (many ) Tj ET Q q 0 0 0 rg BT 160.15 207.75 Td (of ) Tj ET Q q 0 0 0 rg BT 171.19 207.75 Td (our ) Tj ET Q q 0 0 0 rg BT 188.34 207.75 Td (agreements ) Tj ET Q q 0 0 0 rg BT 243.85 207.75 Td (with ) Tj ET Q q 0 0 0 rg BT 264.33 207.75 Td (our ) Tj ET Q q 0 0 0 rg BT 281.48 207.75 Td (customers ) Tj ET Q q 0 0 0 rg BT 330.30 207.75 Td (and ) Tj ET Q q 0 0 0 rg BT 349.69 207.75 Td (partners ) Tj ET Q q 0 0 0 rg BT 389.07 207.75 Td (require ) Tj ET Q q 0 0 0 rg BT 422.90 207.75 Td (us ) Tj ET Q q 0 0 0 rg BT 436.16 207.75 Td (to ) Tj ET Q q 0 0 0 rg BT 447.20 207.75 Td (indemnify ) Tj ET Q q 0 0 0 rg BT 492.70 207.75 Td (them ) Tj ET Q q 0 0 0 rg BT 517.63 207.75 Td (for ) Tj ET Q q 0 0 0 rg BT 532.00 207.75 Td (certain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 195.75 Td (intellectual ) Tj ET Q q 0 0 0 rg BT 100.14 195.75 Td (property ) Tj ET Q q 0 0 0 rg BT 139.71 195.75 Td (infringement ) Tj ET Q q 0 0 0 rg BT 197.63 195.75 Td (claims ) Tj ET Q q 0 0 0 rg BT 228.85 195.75 Td (against ) Tj ET Q q 0 0 0 rg BT 263.98 195.75 Td (them, ) Tj ET Q q 0 0 0 rg BT 291.88 195.75 Td (which ) Tj ET Q q 0 0 0 rg BT 320.33 195.75 Td (would ) Tj ET Q q 0 0 0 rg BT 349.34 195.75 Td (increase ) Tj ET Q q 0 0 0 rg BT 390.03 195.75 Td (our ) Tj ET Q q 0 0 0 rg BT 407.37 195.75 Td (costs ) Tj ET Q q 0 0 0 rg BT 433.59 195.75 Td (as ) Tj ET Q q 0 0 0 rg BT 447.04 195.75 Td (a ) Tj ET Q q 0 0 0 rg BT 455.49 195.75 Td (result ) Tj ET Q q 0 0 0 rg BT 482.83 195.75 Td (of ) Tj ET Q q 0 0 0 rg BT 494.06 195.75 Td (defending ) Tj ET Q q 0 0 0 rg BT 540.88 195.75 Td (such ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 183.75 Td (claims, ) Tj ET Q q 0 0 0 rg BT 84.77 183.75 Td (and ) Tj ET Q q 0 0 0 rg BT 105.12 183.75 Td (may ) Tj ET Q q 0 0 0 rg BT 127.67 183.75 Td (require ) Tj ET Q q 0 0 0 rg BT 162.46 183.75 Td (that ) Tj ET Q q 0 0 0 rg BT 182.81 183.75 Td (we ) Tj ET Q q 0 0 0 rg BT 199.25 183.75 Td (pay ) Tj ET Q q 0 0 0 rg BT 219.03 183.75 Td (significant ) Tj ET Q q 0 0 0 rg BT 267.16 183.75 Td (damages ) Tj ET Q q 0 0 0 rg BT 311.96 183.75 Td (if ) Tj ET Q q 0 0 0 rg BT 320.63 183.75 Td (there ) Tj ET Q q 0 0 0 rg BT 347.08 183.75 Td (were ) Tj ET Q q 0 0 0 rg BT 372.42 183.75 Td (an ) Tj ET Q q 0 0 0 rg BT 387.20 183.75 Td (adverse ) Tj ET Q q 0 0 0 rg BT 426.44 183.75 Td (ruling ) Tj ET Q q 0 0 0 rg BT 454.56 183.75 Td (in ) Tj ET Q q 0 0 0 rg BT 466.00 183.75 Td (any ) Tj ET Q q 0 0 0 rg BT 485.79 183.75 Td (such ) Tj ET Q q 0 0 0 rg BT 510.57 183.75 Td (claims. ) Tj ET Q q 0 0 0 rg BT 545.35 183.75 Td (Our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 171.75 Td (customers ) Tj ET Q q 0 0 0 rg BT 98.35 171.75 Td (and ) Tj ET Q q 0 0 0 rg BT 117.26 171.75 Td (partners ) Tj ET Q q 0 0 0 rg BT 156.17 171.75 Td (may ) Tj ET Q q 0 0 0 rg BT 177.29 171.75 Td (discontinue ) Tj ET Q q 0 0 0 rg BT 230.10 171.75 Td (the ) Tj ET Q q 0 0 0 rg BT 246.23 171.75 Td (use ) Tj ET Q q 0 0 0 rg BT 264.58 171.75 Td (of ) Tj ET Q q 0 0 0 rg BT 275.15 171.75 Td (our ) Tj ET Q q 0 0 0 rg BT 291.83 171.75 Td (products, ) Tj ET Q q 0 0 0 rg BT 335.19 171.75 Td (services, ) Tj ET Q q 0 0 0 rg BT 376.86 171.75 Td (and ) Tj ET Q q 0 0 0 rg BT 395.78 171.75 Td (technologies, ) Tj ET Q q 0 0 0 rg BT 456.93 171.75 Td (as ) Tj ET Q q 0 0 0 rg BT 469.72 171.75 Td (a ) Tj ET Q q 0 0 0 rg BT 477.51 171.75 Td (result ) Tj ET Q q 0 0 0 rg BT 504.19 171.75 Td (of ) Tj ET Q q 0 0 0 rg BT 514.75 171.75 Td (injunctions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 159.75 Td (or ) Tj ET Q q 0 0 0 rg BT 61.67 159.75 Td (otherwise, ) Tj ET Q q 0 0 0 rg BT 110.02 159.75 Td (which ) Tj ET Q q 0 0 0 rg BT 138.37 159.75 Td (could ) Tj ET Q q 0 0 0 rg BT 165.05 159.75 Td (result ) Tj ET Q q 0 0 0 rg BT 192.29 159.75 Td (in ) Tj ET Q q 0 0 0 rg BT 202.85 159.75 Td (loss ) Tj ET Q q 0 0 0 rg BT 223.41 159.75 Td (of ) Tj ET Q q 0 0 0 rg BT 234.53 159.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 278.44 159.75 Td (and ) Tj ET Q q 0 0 0 rg BT 297.91 159.75 Td (adversely ) Tj ET Q q 0 0 0 rg BT 343.48 159.75 Td (af) Tj ET Q q 0 0 0 rg BT 351.64 159.75 Td (fect ) Tj ET Q q 0 0 0 rg BT 370.54 159.75 Td (our ) Tj ET Q q 0 0 0 rg BT 387.77 159.75 Td (business.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 141.75 Td (In ) Tj ET Q q 0 0 0 rg BT 84.66 141.75 Td (2010, ) Tj ET Q q 0 0 0 rg BT 113.51 141.75 Td (Oracle ) Tj ET Q q 0 0 0 rg BT 146.03 141.75 Td (America, ) Tj ET Q q 0 0 0 rg BT 189.30 141.75 Td (Inc. ) Tj ET Q q 0 0 0 rg BT 209.24 141.75 Td (\(Oracle\) ) Tj ET Q q 0 0 0 rg BT 249.18 141.75 Td (brought ) Tj ET Q q 0 0 0 rg BT 286.92 141.75 Td (a ) Tj ET Q q 0 0 0 rg BT 296.30 141.75 Td (copyright ) Tj ET Q q 0 0 0 rg BT 340.70 141.75 Td (lawsuit ) Tj ET Q q 0 0 0 rg BT 375.09 141.75 Td (against ) Tj ET Q q 0 0 0 rg BT 411.16 141.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 447.23 141.75 Td (in ) Tj ET Q q 0 0 0 rg BT 458.83 141.75 Td (the ) Tj ET Q q 0 0 0 rg BT 476.56 141.75 Td (Northern ) Tj ET Q q 0 0 0 rg BT 519.29 141.75 Td (District ) Tj ET Q q 0 0 0 rg BT 553.66 141.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 129.75 Td (California, ) Tj ET Q q 0 0 0 rg BT 99.63 129.75 Td (alleging ) Tj ET Q q 0 0 0 rg BT 138.72 129.75 Td (that ) Tj ET Q q 0 0 0 rg BT 160.01 129.75 Td (Google's ) Tj ET Q q 0 0 0 rg BT 202.86 129.75 Td (Android ) Tj ET Q q 0 0 0 rg BT 241.94 129.75 Td (operating ) Tj ET Q q 0 0 0 rg BT 288.25 129.75 Td (system ) Tj ET Q q 0 0 0 rg BT 324.53 129.75 Td (infringes ) Tj ET Q q 0 0 0 rg BT 366.94 129.75 Td (Oracle's ) Tj ET Q q 0 0 0 rg BT 407.92 129.75 Td (copyrights ) Tj ET Q q 0 0 0 rg BT 458.11 129.75 Td (related ) Tj ET Q q 0 0 0 rg BT 493.30 129.75 Td (to ) Tj ET Q q 0 0 0 rg BT 506.25 129.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 540.88 129.75 Td (Java ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 117.75 Td (application ) Tj ET Q q 0 0 0 rg BT 100.83 117.75 Td (programming ) Tj ET Q q 0 0 0 rg BT 162.75 117.75 Td (interfaces. ) Tj ET Q q 0 0 0 rg BT 211.30 117.75 Td (After ) Tj ET Q q 0 0 0 rg BT 235.43 117.75 Td (trial, ) Tj ET Q q 0 0 0 rg BT 257.34 117.75 Td (final ) Tj ET Q q 0 0 0 rg BT 278.70 117.75 Td (judgment ) Tj ET Q q 0 0 0 rg BT 322.85 117.75 Td (was ) Tj ET Q q 0 0 0 rg BT 343.65 117.75 Td (entered ) Tj ET Q q 0 0 0 rg BT 380.58 117.75 Td (by ) Tj ET Q q 0 0 0 rg BT 394.15 117.75 Td (the ) Tj ET Q q 0 0 0 rg BT 411.07 117.75 Td (district ) Tj ET Q q 0 0 0 rg BT 442.97 117.75 Td (court ) Tj ET Q q 0 0 0 rg BT 468.22 117.75 Td (in ) Tj ET Q q 0 0 0 rg BT 479.02 117.75 Td (favor ) Tj ET Q q 0 0 0 rg BT 504.26 117.75 Td (of ) Tj ET Q q 0 0 0 rg BT 515.62 117.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 550.88 117.75 Td (on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 105.75 Td (June ) Tj ET Q q 0 0 0 rg BT 74.70 105.75 Td (8, ) Tj ET Q q 0 0 0 rg BT 86.05 105.75 Td (2016, ) Tj ET Q q 0 0 0 rg BT 114.09 105.75 Td (and ) Tj ET Q q 0 0 0 rg BT 133.79 105.75 Td (the ) Tj ET Q q 0 0 0 rg BT 150.70 105.75 Td (court ) Tj ET Q q 0 0 0 rg BT 175.95 105.75 Td (decided ) Tj ET Q q 0 0 0 rg BT 213.99 105.75 Td (post-trial ) Tj ET Q q 0 0 0 rg BT 255.35 105.75 Td (motions ) Tj ET Q q 0 0 0 rg BT 293.37 105.75 Td (in ) Tj ET Q q 0 0 0 rg BT 304.17 105.75 Td (favor ) Tj ET Q q 0 0 0 rg BT 329.41 105.75 Td (of ) Tj ET Q q 0 0 0 rg BT 340.77 105.75 Td (Google. ) Tj ET Q q 0 0 0 rg BT 378.81 105.75 Td (Oracle ) Tj ET Q q 0 0 0 rg BT 411.27 105.75 Td (appealed ) Tj ET Q q 0 0 0 rg BT 455.44 105.75 Td (and ) Tj ET Q q 0 0 0 rg BT 475.13 105.75 Td (on ) Tj ET Q q 0 0 0 rg BT 489.27 105.75 Td (March ) Tj ET Q q 0 0 0 rg BT 520.07 105.75 Td (27, ) Tj ET Q q 0 0 0 rg BT 536.98 105.75 Td (2018, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 93.75 Td (the ) Tj ET Q q 0 0 0 rg BT 67.20 93.75 Td (appeals ) Tj ET Q q 0 0 0 rg BT 105.53 93.75 Td (court ) Tj ET Q q 0 0 0 rg BT 131.06 93.75 Td (reversed ) Tj ET Q q 0 0 0 rg BT 173.26 93.75 Td (and ) Tj ET Q q 0 0 0 rg BT 193.24 93.75 Td (remanded ) Tj ET Q q 0 0 0 rg BT 241.57 93.75 Td (the ) Tj ET Q q 0 0 0 rg BT 258.77 93.75 Td (case ) Tj ET Q q 0 0 0 rg BT 283.19 93.75 Td (for ) Tj ET Q q 0 0 0 rg BT 298.16 93.75 Td (a ) Tj ET Q q 0 0 0 rg BT 307.02 93.75 Td (trial ) Tj ET Q q 0 0 0 rg BT 326.43 93.75 Td (on ) Tj ET Q q 0 0 0 rg BT 340.85 93.75 Td (damages. ) Tj ET Q q 0 0 0 rg BT 388.06 93.75 Td (W) Tj ET Q q 0 0 0 rg BT 397.32 93.75 Td (e ) Tj ET Q q 0 0 0 rg BT 406.18 93.75 Td (continue ) Tj ET Q q 0 0 0 rg BT 447.29 93.75 Td (to ) Tj ET Q q 0 0 0 rg BT 458.92 93.75 Td (review ) Tj ET Q q 0 0 0 rg BT 491.12 93.75 Td (our ) Tj ET Q q 0 0 0 rg BT 508.87 93.75 Td (options. ) Tj ET Q q 0 0 0 rg BT 547.19 93.75 Td (W) Tj ET Q q 0 0 0 rg BT 556.45 93.75 Td (e ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 81.75 Td (believe ) Tj ET Q q 0 0 0 rg BT 85.28 81.75 Td (this ) Tj ET Q q 0 0 0 rg BT 104.44 81.75 Td (lawsuit ) Tj ET Q q 0 0 0 rg BT 138.60 81.75 Td (is ) Tj ET Q q 0 0 0 rg BT 149.42 81.75 Td (without ) Tj ET Q q 0 0 0 rg BT 184.70 81.75 Td (merit ) Tj ET Q q 0 0 0 rg BT 210.52 81.75 Td (and ) Tj ET Q q 0 0 0 rg BT 230.80 81.75 Td (are ) Tj ET Q q 0 0 0 rg BT 248.84 81.75 Td (defending ) Tj ET Q q 0 0 0 rg BT 296.37 81.75 Td (ourselves ) Tj ET Q q 0 0 0 rg BT 342.76 81.75 Td (vigorously) Tj ET Q q 0 0 0 rg BT 387.04 81.75 Td (. ) Tj ET Q q 0 0 0 rg BT 393.41 81.75 Td (Given ) Tj ET Q q 0 0 0 rg BT 423.13 81.75 Td (the ) Tj ET Q q 0 0 0 rg BT 440.63 81.75 Td (nature ) Tj ET Q q 0 0 0 rg BT 472.58 81.75 Td (of ) Tj ET Q q 0 0 0 rg BT 484.51 81.75 Td (this ) Tj ET Q q 0 0 0 rg BT 503.67 81.75 Td (case, ) Tj ET Q q 0 0 0 rg BT 531.17 81.75 Td (we ) Tj ET Q q 0 0 0 rg BT 547.55 81.75 Td (are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 69.75 Td (unable ) Tj ET Q q 0 0 0 rg BT 82.81 69.75 Td (to ) Tj ET Q q 0 0 0 rg BT 93.93 69.75 Td (estimate ) Tj ET Q q 0 0 0 rg BT 134.50 69.75 Td (the ) Tj ET Q q 0 0 0 rg BT 151.18 69.75 Td (reasonably ) Tj ET Q q 0 0 0 rg BT 202.88 69.75 Td (possible ) Tj ET Q q 0 0 0 rg BT 242.34 69.75 Td (loss ) Tj ET Q q 0 0 0 rg BT 262.91 69.75 Td (or ) Tj ET Q q 0 0 0 rg BT 274.58 69.75 Td (range ) Tj ET Q q 0 0 0 rg BT 302.93 69.75 Td (of ) Tj ET Q q 0 0 0 rg BT 314.05 69.75 Td (loss, ) Tj ET Q q 0 0 0 rg BT 337.39 69.75 Td (if ) Tj ET Q q 0 0 0 rg BT 345.17 69.75 Td (any) Tj ET Q q 0 0 0 rg BT 360.55 69.75 Td (, ) Tj ET Q q 0 0 0 rg BT 366.10 69.75 Td (arising ) Tj ET Q q 0 0 0 rg BT 398.34 69.75 Td (from ) Tj ET Q q 0 0 0 rg BT 421.12 69.75 Td (this ) Tj ET Q q 0 0 0 rg BT 439.46 69.75 Td (matter) Tj ET Q q 0 0 0 rg BT 467.25 69.75 Td (.) Tj ET Q endstream endobj 55 0 obj <>] /Rotate 0 /Contents 56 0 R>> endobj 56 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 53 767.1939453125 m 130.8271484375 767.1939453125 l s q 0 0 1 rg BT 53.00 768.62 Td (T) Tj ET Q q 0 0 1 rg BT 58.00 768.62 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.396078431372549 0.396078431372549 0.396078431372549 rg BT 494.20 768.62 Td (Alphabet Inc.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.40 31.25 Td (25) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 72.50 741.75 Td (Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 723.75 Td (W) Tj ET Q q 0 0 0 rg BT 81.76 723.75 Td (e ) Tj ET Q q 0 0 0 rg BT 90.02 723.75 Td (are ) Tj ET Q q 0 0 0 rg BT 107.17 723.75 Td (also ) Tj ET Q q 0 0 0 rg BT 128.21 723.75 Td (regularly ) Tj ET Q q 0 0 0 rg BT 169.26 723.75 Td (subject ) Tj ET Q q 0 0 0 rg BT 203.64 723.75 Td (to ) Tj ET Q q 0 0 0 rg BT 214.68 723.75 Td (claims, ) Tj ET Q q 0 0 0 rg BT 248.49 723.75 Td (suits, ) Tj ET Q q 0 0 0 rg BT 274.53 723.75 Td (regulatory ) Tj ET Q q 0 0 0 rg BT 321.70 723.75 Td (and ) Tj ET Q q 0 0 0 rg BT 341.08 723.75 Td (government ) Tj ET Q q 0 0 0 rg BT 396.58 723.75 Td (investigations, ) Tj ET Q q 0 0 0 rg BT 462.65 723.75 Td (and ) Tj ET Q q 0 0 0 rg BT 482.04 723.75 Td (other ) Tj ET Q q 0 0 0 rg BT 507.53 723.75 Td (proceedings ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 711.75 Td (involving ) Tj ET Q q 0 0 0 rg BT 90.93 711.75 Td (competition ) Tj ET Q q 0 0 0 rg BT 144.08 711.75 Td (\(such ) Tj ET Q q 0 0 0 rg BT 170.55 711.75 Td (as ) Tj ET Q q 0 0 0 rg BT 183.13 711.75 Td (the ) Tj ET Q q 0 0 0 rg BT 199.05 711.75 Td (pending ) Tj ET Q q 0 0 0 rg BT 236.65 711.75 Td (EC ) Tj ET Q q 0 0 0 rg BT 252.56 711.75 Td (investigations ) Tj ET Q q 0 0 0 rg BT 315.17 711.75 Td (described ) Tj ET Q q 0 0 0 rg BT 360.54 711.75 Td (above\), ) Tj ET Q q 0 0 0 rg BT 395.91 711.75 Td (intellectual ) Tj ET Q q 0 0 0 rg BT 445.18 711.75 Td (property) Tj ET Q q 0 0 0 rg BT 481.12 711.75 Td (, ) Tj ET Q q 0 0 0 rg BT 485.92 711.75 Td (privacy) Tj ET Q q 0 0 0 rg BT 516.85 711.75 Td (, ) Tj ET Q q 0 0 0 rg BT 521.64 711.75 Td (tax, ) Tj ET Q q 0 0 0 rg BT 539.78 711.75 Td (labor ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 699.75 Td (and ) Tj ET Q q 0 0 0 rg BT 69.15 699.75 Td (employment, ) Tj ET Q q 0 0 0 rg BT 128.86 699.75 Td (commercial ) Tj ET Q q 0 0 0 rg BT 182.44 699.75 Td (disputes, ) Tj ET Q q 0 0 0 rg BT 224.92 699.75 Td (content ) Tj ET Q q 0 0 0 rg BT 260.19 699.75 Td (generated ) Tj ET Q q 0 0 0 rg BT 307.69 699.75 Td (by ) Tj ET Q q 0 0 0 rg BT 320.71 699.75 Td (our ) Tj ET Q q 0 0 0 rg BT 337.63 699.75 Td (users, ) Tj ET Q q 0 0 0 rg BT 367.32 699.75 Td (goods ) Tj ET Q q 0 0 0 rg BT 397.03 699.75 Td (and ) Tj ET Q q 0 0 0 rg BT 416.18 699.75 Td (services ) Tj ET Q q 0 0 0 rg BT 455.32 699.75 Td (of) Tj ET Q q 0 0 0 rg BT 463.47 699.75 Td (fered ) Tj ET Q q 0 0 0 rg BT 488.73 699.75 Td (by ) Tj ET Q q 0 0 0 rg BT 501.75 699.75 Td (advertisers ) Tj ET Q q 0 0 0 rg BT 553.12 699.75 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 687.75 Td (publishers ) Tj ET Q q 0 0 0 rg BT 97.86 687.75 Td (using ) Tj ET Q q 0 0 0 rg BT 124.05 687.75 Td (our ) Tj ET Q q 0 0 0 rg BT 140.79 687.75 Td (platforms, ) Tj ET Q q 0 0 0 rg BT 186.97 687.75 Td (personal ) Tj ET Q q 0 0 0 rg BT 227.62 687.75 Td (injury) Tj ET Q q 0 0 0 rg BT 250.77 687.75 Td (, ) Tj ET Q q 0 0 0 rg BT 255.83 687.75 Td (consumer ) Tj ET Q q 0 0 0 rg BT 302.02 687.75 Td (protection, ) Tj ET Q q 0 0 0 rg BT 351.00 687.75 Td (and ) Tj ET Q q 0 0 0 rg BT 369.97 687.75 Td (other ) Tj ET Q q 0 0 0 rg BT 395.04 687.75 Td (matters. ) Tj ET Q q 0 0 0 rg BT 433.45 687.75 Td (Such ) Tj ET Q q 0 0 0 rg BT 458.52 687.75 Td (claims, ) Tj ET Q q 0 0 0 rg BT 491.92 687.75 Td (suits, ) Tj ET Q q 0 0 0 rg BT 517.54 687.75 Td (regulatory ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 675.75 Td (and ) Tj ET Q q 0 0 0 rg BT 68.88 675.75 Td (government ) Tj ET Q q 0 0 0 rg BT 123.88 675.75 Td (investigations, ) Tj ET Q q 0 0 0 rg BT 189.44 675.75 Td (and ) Tj ET Q q 0 0 0 rg BT 208.32 675.75 Td (other ) Tj ET Q q 0 0 0 rg BT 233.30 675.75 Td (proceedings ) Tj ET Q q 0 0 0 rg BT 289.98 675.75 Td (could ) Tj ET Q q 0 0 0 rg BT 316.07 675.75 Td (result ) Tj ET Q q 0 0 0 rg BT 342.72 675.75 Td (in ) Tj ET Q q 0 0 0 rg BT 352.70 675.75 Td (fines, ) Tj ET Q q 0 0 0 rg BT 378.79 675.75 Td (civil ) Tj ET Q q 0 0 0 rg BT 397.65 675.75 Td (or ) Tj ET Q q 0 0 0 rg BT 408.73 675.75 Td (criminal ) Tj ET Q q 0 0 0 rg BT 445.37 675.75 Td (penalties, ) Tj ET Q q 0 0 0 rg BT 490.37 675.75 Td (or ) Tj ET Q q 0 0 0 rg BT 501.46 675.75 Td (other ) Tj ET Q q 0 0 0 rg BT 526.44 675.75 Td (adverse ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 663.75 Td (consequences.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 645.75 Td (Certain ) Tj ET Q q 0 0 0 rg BT 107.78 645.75 Td (of ) Tj ET Q q 0 0 0 rg BT 119.16 645.75 Td (our ) Tj ET Q q 0 0 0 rg BT 136.66 645.75 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 191.41 645.75 Td (legal ) Tj ET Q q 0 0 0 rg BT 215.58 645.75 Td (matters ) Tj ET Q q 0 0 0 rg BT 251.96 645.75 Td (include ) Tj ET Q q 0 0 0 rg BT 286.70 645.75 Td (speculative ) Tj ET Q q 0 0 0 rg BT 339.77 645.75 Td (claims ) Tj ET Q q 0 0 0 rg BT 371.15 645.75 Td (for ) Tj ET Q q 0 0 0 rg BT 385.86 645.75 Td (substantial ) Tj ET Q q 0 0 0 rg BT 436.71 645.75 Td (or ) Tj ET Q q 0 0 0 rg BT 448.64 645.75 Td (indeterminate ) Tj ET Q q 0 0 0 rg BT 512.28 645.75 Td (amounts ) Tj ET Q q 0 0 0 rg BT 553.68 645.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 633.75 Td (damages. ) Tj ET Q q 0 0 0 rg BT 96.71 633.75 Td (W) Tj ET Q q 0 0 0 rg BT 105.96 633.75 Td (e ) Tj ET Q q 0 0 0 rg BT 114.31 633.75 Td (record ) Tj ET Q q 0 0 0 rg BT 145.45 633.75 Td (a ) Tj ET Q q 0 0 0 rg BT 153.80 633.75 Td (liability ) Tj ET Q q 0 0 0 rg BT 186.60 633.75 Td (when ) Tj ET Q q 0 0 0 rg BT 213.29 633.75 Td (we ) Tj ET Q q 0 0 0 rg BT 228.86 633.75 Td (believe ) Tj ET Q q 0 0 0 rg BT 263.34 633.75 Td (that ) Tj ET Q q 0 0 0 rg BT 282.81 633.75 Td (it ) Tj ET Q q 0 0 0 rg BT 290.60 633.75 Td (is ) Tj ET Q q 0 0 0 rg BT 300.61 633.75 Td (probable ) Tj ET Q q 0 0 0 rg BT 342.32 633.75 Td (that ) Tj ET Q q 0 0 0 rg BT 361.79 633.75 Td (a ) Tj ET Q q 0 0 0 rg BT 370.14 633.75 Td (loss ) Tj ET Q q 0 0 0 rg BT 390.71 633.75 Td (has ) Tj ET Q q 0 0 0 rg BT 409.63 633.75 Td (been ) Tj ET Q q 0 0 0 rg BT 434.66 633.75 Td (incurred ) Tj ET Q q 0 0 0 rg BT 473.58 633.75 Td (and ) Tj ET Q q 0 0 0 rg BT 493.05 633.75 Td (the ) Tj ET Q q 0 0 0 rg BT 509.74 633.75 Td (amount ) Tj ET Q q 0 0 0 rg BT 545.88 633.75 Td (can ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 621.75 Td (be ) Tj ET Q q 0 0 0 rg BT 64.82 621.75 Td (reasonably ) Tj ET Q q 0 0 0 rg BT 117.44 621.75 Td (estimated. ) Tj ET Q q 0 0 0 rg BT 167.27 621.75 Td (If ) Tj ET Q q 0 0 0 rg BT 176.53 621.75 Td (we ) Tj ET Q q 0 0 0 rg BT 193.01 621.75 Td (determine ) Tj ET Q q 0 0 0 rg BT 241.17 621.75 Td (that ) Tj ET Q q 0 0 0 rg BT 261.55 621.75 Td (a ) Tj ET Q q 0 0 0 rg BT 270.81 621.75 Td (loss ) Tj ET Q q 0 0 0 rg BT 292.29 621.75 Td (is ) Tj ET Q q 0 0 0 rg BT 303.21 621.75 Td (reasonably ) Tj ET Q q 0 0 0 rg BT 355.83 621.75 Td (possible ) Tj ET Q q 0 0 0 rg BT 396.22 621.75 Td (and ) Tj ET Q q 0 0 0 rg BT 416.60 621.75 Td (the ) Tj ET Q q 0 0 0 rg BT 434.20 621.75 Td (loss ) Tj ET Q q 0 0 0 rg BT 455.68 621.75 Td (or ) Tj ET Q q 0 0 0 rg BT 468.27 621.75 Td (range ) Tj ET Q q 0 0 0 rg BT 497.55 621.75 Td (of ) Tj ET Q q 0 0 0 rg BT 509.59 621.75 Td (loss ) Tj ET Q q 0 0 0 rg BT 531.07 621.75 Td (can ) Tj ET Q q 0 0 0 rg BT 550.89 621.75 Td (be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 609.75 Td (estimated, ) Tj ET Q q 0 0 0 rg BT 98.66 609.75 Td (we ) Tj ET Q q 0 0 0 rg BT 113.97 609.75 Td (disclose ) Tj ET Q q 0 0 0 rg BT 152.63 609.75 Td (the ) Tj ET Q q 0 0 0 rg BT 169.05 609.75 Td (reasonably ) Tj ET Q q 0 0 0 rg BT 220.50 609.75 Td (possible ) Tj ET Q q 0 0 0 rg BT 259.72 609.75 Td (loss. ) Tj ET Q q 0 0 0 rg BT 282.81 609.75 Td (W) Tj ET Q q 0 0 0 rg BT 292.07 609.75 Td (e ) Tj ET Q q 0 0 0 rg BT 300.16 609.75 Td (evaluate ) Tj ET Q q 0 0 0 rg BT 340.49 609.75 Td (developments ) Tj ET Q q 0 0 0 rg BT 405.28 609.75 Td (in ) Tj ET Q q 0 0 0 rg BT 415.59 609.75 Td (our ) Tj ET Q q 0 0 0 rg BT 432.57 609.75 Td (legal ) Tj ET Q q 0 0 0 rg BT 456.22 609.75 Td (matters ) Tj ET Q q 0 0 0 rg BT 492.09 609.75 Td (that ) Tj ET Q q 0 0 0 rg BT 511.30 609.75 Td (could ) Tj ET Q q 0 0 0 rg BT 537.73 609.75 Td (af) Tj ET Q q 0 0 0 rg BT 545.89 609.75 Td (fect ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 597.75 Td (the ) Tj ET Q q 0 0 0 rg BT 67.83 597.75 Td (amount ) Tj ET Q q 0 0 0 rg BT 105.11 597.75 Td (of ) Tj ET Q q 0 0 0 rg BT 117.38 597.75 Td (liability ) Tj ET Q q 0 0 0 rg BT 151.31 597.75 Td (that ) Tj ET Q q 0 0 0 rg BT 171.92 597.75 Td (has ) Tj ET Q q 0 0 0 rg BT 191.97 597.75 Td (been ) Tj ET Q q 0 0 0 rg BT 218.15 597.75 Td (previously ) Tj ET Q q 0 0 0 rg BT 267.09 597.75 Td (accrued, ) Tj ET Q q 0 0 0 rg BT 309.37 597.75 Td (and ) Tj ET Q q 0 0 0 rg BT 329.99 597.75 Td (the ) Tj ET Q q 0 0 0 rg BT 347.81 597.75 Td (matters ) Tj ET Q q 0 0 0 rg BT 385.08 597.75 Td (and ) Tj ET Q q 0 0 0 rg BT 405.69 597.75 Td (related ) Tj ET Q q 0 0 0 rg BT 440.20 597.75 Td (reasonably ) Tj ET Q q 0 0 0 rg BT 493.04 597.75 Td (possible ) Tj ET Q q 0 0 0 rg BT 533.66 597.75 Td (losses ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 585.75 Td (disclosed, ) Tj ET Q q 0 0 0 rg BT 96.62 585.75 Td (and ) Tj ET Q q 0 0 0 rg BT 115.46 585.75 Td (make ) Tj ET Q q 0 0 0 rg BT 142.06 585.75 Td (adjustments ) Tj ET Q q 0 0 0 rg BT 198.13 585.75 Td (as ) Tj ET Q q 0 0 0 rg BT 210.84 585.75 Td (appropriate. ) Tj ET Q q 0 0 0 rg BT 266.36 585.75 Td (Significant ) Tj ET Q q 0 0 0 rg BT 314.65 585.75 Td (judgment ) Tj ET Q q 0 0 0 rg BT 357.94 585.75 Td (is ) Tj ET Q q 0 0 0 rg BT 367.31 585.75 Td (required ) Tj ET Q q 0 0 0 rg BT 406.15 585.75 Td (to ) Tj ET Q q 0 0 0 rg BT 416.64 585.75 Td (determine ) Tj ET Q q 0 0 0 rg BT 463.26 585.75 Td (both ) Tj ET Q q 0 0 0 rg BT 484.88 585.75 Td (likelihood ) Tj ET Q q 0 0 0 rg BT 528.72 585.75 Td (of ) Tj ET Q q 0 0 0 rg BT 539.21 585.75 Td (there ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 573.75 Td (being ) Tj ET Q q 0 0 0 rg BT 77.25 573.75 Td (and ) Tj ET Q q 0 0 0 rg BT 96.71 573.75 Td (the ) Tj ET Q q 0 0 0 rg BT 113.39 573.75 Td (estimated ) Tj ET Q q 0 0 0 rg BT 159.52 573.75 Td (amount ) Tj ET Q q 0 0 0 rg BT 195.65 573.75 Td (of ) Tj ET Q q 0 0 0 rg BT 206.77 573.75 Td (a ) Tj ET Q q 0 0 0 rg BT 215.11 573.75 Td (loss ) Tj ET Q q 0 0 0 rg BT 235.67 573.75 Td (related ) Tj ET Q q 0 0 0 rg BT 269.03 573.75 Td (to ) Tj ET Q q 0 0 0 rg BT 280.15 573.75 Td (such ) Tj ET Q q 0 0 0 rg BT 304.05 573.75 Td (matters.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 555.75 Td (With ) Tj ET Q q 0 0 0 rg BT 95.63 555.75 Td (respect ) Tj ET Q q 0 0 0 rg BT 131.54 555.75 Td (to ) Tj ET Q q 0 0 0 rg BT 143.01 555.75 Td (our ) Tj ET Q q 0 0 0 rg BT 160.59 555.75 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 215.42 555.75 Td (legal ) Tj ET Q q 0 0 0 rg BT 239.68 555.75 Td (matters, ) Tj ET Q q 0 0 0 rg BT 278.92 555.75 Td (based ) Tj ET Q q 0 0 0 rg BT 309.29 555.75 Td (on ) Tj ET Q q 0 0 0 rg BT 323.54 555.75 Td (our ) Tj ET Q q 0 0 0 rg BT 341.12 555.75 Td (current ) Tj ET Q q 0 0 0 rg BT 375.37 555.75 Td (knowledge, ) Tj ET Q q 0 0 0 rg BT 429.08 555.75 Td (we ) Tj ET Q q 0 0 0 rg BT 444.99 555.75 Td (believe ) Tj ET Q q 0 0 0 rg BT 479.81 555.75 Td (that ) Tj ET Q q 0 0 0 rg BT 499.61 555.75 Td (the ) Tj ET Q q 0 0 0 rg BT 516.64 555.75 Td (amount ) Tj ET Q q 0 0 0 rg BT 553.12 555.75 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 543.75 Td (range ) Tj ET Q q 0 0 0 rg BT 78.77 543.75 Td (of ) Tj ET Q q 0 0 0 rg BT 90.30 543.75 Td (reasonably ) Tj ET Q q 0 0 0 rg BT 142.41 543.75 Td (possible ) Tj ET Q q 0 0 0 rg BT 182.29 543.75 Td (loss ) Tj ET Q q 0 0 0 rg BT 203.27 543.75 Td (will ) Tj ET Q q 0 0 0 rg BT 220.35 543.75 Td (not, ) Tj ET Q q 0 0 0 rg BT 240.22 543.75 Td (either ) Tj ET Q q 0 0 0 rg BT 268.43 543.75 Td (individually ) Tj ET Q q 0 0 0 rg BT 320.53 543.75 Td (or ) Tj ET Q q 0 0 0 rg BT 332.62 543.75 Td (in ) Tj ET Q q 0 0 0 rg BT 343.59 543.75 Td (aggregate, ) Tj ET Q q 0 0 0 rg BT 394.60 543.75 Td (have ) Tj ET Q q 0 0 0 rg BT 419.48 543.75 Td (a ) Tj ET Q q 0 0 0 rg BT 428.23 543.75 Td (material ) Tj ET Q q 0 0 0 rg BT 466.99 543.75 Td (adverse ) Tj ET Q q 0 0 0 rg BT 505.76 543.75 Td (ef) Tj ET Q q 0 0 0 rg BT 513.92 543.75 Td (fect ) Tj ET Q q 0 0 0 rg BT 533.23 543.75 Td (on ) Tj ET Q q 0 0 0 rg BT 547.54 543.75 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 531.75 Td (business, ) Tj ET Q q 0 0 0 rg BT 95.73 531.75 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 155.37 531.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 195.55 531.75 Td (position, ) Tj ET Q q 0 0 0 rg BT 236.28 531.75 Td (results ) Tj ET Q q 0 0 0 rg BT 269.22 531.75 Td (of ) Tj ET Q q 0 0 0 rg BT 281.04 531.75 Td (operations, ) Tj ET Q q 0 0 0 rg BT 334.01 531.75 Td (or ) Tj ET Q q 0 0 0 rg BT 346.39 531.75 Td (cash ) Tj ET Q q 0 0 0 rg BT 371.00 531.75 Td (flows. ) Tj ET Q q 0 0 0 rg BT 400.04 531.75 Td (However) Tj ET Q q 0 0 0 rg BT 438.95 531.75 Td (, ) Tj ET Q q 0 0 0 rg BT 445.21 531.75 Td (the ) Tj ET Q q 0 0 0 rg BT 462.60 531.75 Td (outcome ) Tj ET Q q 0 0 0 rg BT 504.44 531.75 Td (of ) Tj ET Q q 0 0 0 rg BT 516.27 531.75 Td (such ) Tj ET Q q 0 0 0 rg BT 540.88 531.75 Td (legal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 519.75 Td (matters ) Tj ET Q q 0 0 0 rg BT 86.12 519.75 Td (is ) Tj ET Q q 0 0 0 rg BT 96.12 519.75 Td (inherently ) Tj ET Q q 0 0 0 rg BT 142.26 519.75 Td (unpredictable ) Tj ET Q q 0 0 0 rg BT 205.08 519.75 Td (and ) Tj ET Q q 0 0 0 rg BT 224.54 519.75 Td (subject ) Tj ET Q q 0 0 0 rg BT 259.00 519.75 Td (to ) Tj ET Q q 0 0 0 rg BT 270.12 519.75 Td (significant ) Tj ET Q q 0 0 0 rg BT 317.37 519.75 Td (uncertainties.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 501.75 Td (W) Tj ET Q q 0 0 0 rg BT 81.76 501.75 Td (e ) Tj ET Q q 0 0 0 rg BT 90.10 501.75 Td (expense ) Tj ET Q q 0 0 0 rg BT 130.68 501.75 Td (legal ) Tj ET Q q 0 0 0 rg BT 154.59 501.75 Td (fees ) Tj ET Q q 0 0 0 rg BT 176.27 501.75 Td (in ) Tj ET Q q 0 0 0 rg BT 186.83 501.75 Td (the ) Tj ET Q q 0 0 0 rg BT 203.51 501.75 Td (period ) Tj ET Q q 0 0 0 rg BT 234.09 501.75 Td (in ) Tj ET Q q 0 0 0 rg BT 244.65 501.75 Td (which ) Tj ET Q q 0 0 0 rg BT 272.99 501.75 Td (they ) Tj ET Q q 0 0 0 rg BT 294.67 501.75 Td (are ) Tj ET Q q 0 0 0 rg BT 311.90 501.75 Td (incurred.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 483.75 Td (Non-Income ) Tj ET Q q 0 0 0 rg BT 110.56 483.75 Td (T) Tj ET Q q 0 0 0 rg BT 115.92 483.75 Td (axes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 465.75 Td (W) Tj ET Q q 0 0 0 rg BT 81.76 465.75 Td (e ) Tj ET Q q 0 0 0 rg BT 89.94 465.75 Td (are ) Tj ET Q q 0 0 0 rg BT 107.02 465.75 Td (under ) Tj ET Q q 0 0 0 rg BT 135.22 465.75 Td (audit ) Tj ET Q q 0 0 0 rg BT 159.53 465.75 Td (by ) Tj ET Q q 0 0 0 rg BT 172.72 465.75 Td (various ) Tj ET Q q 0 0 0 rg BT 207.58 465.75 Td (domestic ) Tj ET Q q 0 0 0 rg BT 250.22 465.75 Td (and ) Tj ET Q q 0 0 0 rg BT 269.53 465.75 Td (foreign ) Tj ET Q q 0 0 0 rg BT 302.73 465.75 Td (tax ) Tj ET Q q 0 0 0 rg BT 318.70 465.75 Td (authorities ) Tj ET Q q 0 0 0 rg BT 367.46 465.75 Td (with ) Tj ET Q q 0 0 0 rg BT 387.87 465.75 Td (regards ) Tj ET Q q 0 0 0 rg BT 424.40 465.75 Td (to ) Tj ET Q q 0 0 0 rg BT 435.36 465.75 Td (non-income ) Tj ET Q q 0 0 0 rg BT 490.24 465.75 Td (tax ) Tj ET Q q 0 0 0 rg BT 506.20 465.75 Td (matters. ) Tj ET Q q 0 0 0 rg BT 544.78 465.75 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 453.75 Td (subject ) Tj ET Q q 0 0 0 rg BT 84.18 453.75 Td (matter ) Tj ET Q q 0 0 0 rg BT 115.01 453.75 Td (of ) Tj ET Q q 0 0 0 rg BT 125.84 453.75 Td (non-income ) Tj ET Q q 0 0 0 rg BT 180.58 453.75 Td (tax ) Tj ET Q q 0 0 0 rg BT 196.41 453.75 Td (audits ) Tj ET Q q 0 0 0 rg BT 225.58 453.75 Td (primarily ) Tj ET Q q 0 0 0 rg BT 265.85 453.75 Td (arises ) Tj ET Q q 0 0 0 rg BT 295.02 453.75 Td (from ) Tj ET Q q 0 0 0 rg BT 317.51 453.75 Td (disputes ) Tj ET Q q 0 0 0 rg BT 357.25 453.75 Td (on ) Tj ET Q q 0 0 0 rg BT 370.86 453.75 Td (the ) Tj ET Q q 0 0 0 rg BT 387.25 453.75 Td (tax ) Tj ET Q q 0 0 0 rg BT 403.08 453.75 Td (treatment ) Tj ET Q q 0 0 0 rg BT 447.81 453.75 Td (and ) Tj ET Q q 0 0 0 rg BT 466.99 453.75 Td (tax ) Tj ET Q q 0 0 0 rg BT 482.82 453.75 Td (rate ) Tj ET Q q 0 0 0 rg BT 502.54 453.75 Td (applied ) Tj ET Q q 0 0 0 rg BT 537.28 453.75 Td (to ) Tj ET Q q 0 0 0 rg BT 548.11 453.75 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 441.75 Td (sale ) Tj ET Q q 0 0 0 rg BT 70.80 441.75 Td (of ) Tj ET Q q 0 0 0 rg BT 81.59 441.75 Td (our ) Tj ET Q q 0 0 0 rg BT 98.50 441.75 Td (products ) Tj ET Q q 0 0 0 rg BT 139.30 441.75 Td (and ) Tj ET Q q 0 0 0 rg BT 158.44 441.75 Td (services ) Tj ET Q q 0 0 0 rg BT 197.57 441.75 Td (in ) Tj ET Q q 0 0 0 rg BT 207.80 441.75 Td (these ) Tj ET Q q 0 0 0 rg BT 234.72 441.75 Td (jurisdictions ) Tj ET Q q 0 0 0 rg BT 289.41 441.75 Td (and ) Tj ET Q q 0 0 0 rg BT 308.55 441.75 Td (the ) Tj ET Q q 0 0 0 rg BT 324.90 441.75 Td (tax ) Tj ET Q q 0 0 0 rg BT 340.70 441.75 Td (treatment ) Tj ET Q q 0 0 0 rg BT 385.39 441.75 Td (of ) Tj ET Q q 0 0 0 rg BT 396.18 441.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 428.65 441.75 Td (employee ) Tj ET Q q 0 0 0 rg BT 474.46 441.75 Td (benefits. ) Tj ET Q q 0 0 0 rg BT 514.72 441.75 Td (W) Tj ET Q q 0 0 0 rg BT 523.98 441.75 Td (e ) Tj ET Q q 0 0 0 rg BT 531.99 441.75 Td (accrue ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 429.75 Td (non-income ) Tj ET Q q 0 0 0 rg BT 104.21 429.75 Td (taxes ) Tj ET Q q 0 0 0 rg BT 130.07 429.75 Td (that ) Tj ET Q q 0 0 0 rg BT 148.71 429.75 Td (may ) Tj ET Q q 0 0 0 rg BT 169.57 429.75 Td (result ) Tj ET Q q 0 0 0 rg BT 195.98 429.75 Td (from ) Tj ET Q q 0 0 0 rg BT 217.94 429.75 Td (examinations ) Tj ET Q q 0 0 0 rg BT 278.82 429.75 Td (by) Tj ET Q q 0 0 0 rg BT 288.64 429.75 Td (, ) Tj ET Q q 0 0 0 rg BT 293.38 429.75 Td (or ) Tj ET Q q 0 0 0 rg BT 304.23 429.75 Td (any ) Tj ET Q q 0 0 0 rg BT 322.31 429.75 Td (negotiated ) Tj ET Q q 0 0 0 rg BT 370.98 429.75 Td (agreements ) Tj ET Q q 0 0 0 rg BT 425.75 429.75 Td (with, ) Tj ET Q q 0 0 0 rg BT 448.27 429.75 Td (these ) Tj ET Q q 0 0 0 rg BT 474.70 429.75 Td (tax ) Tj ET Q q 0 0 0 rg BT 490.00 429.75 Td (authorities ) Tj ET Q q 0 0 0 rg BT 538.10 429.75 Td (when ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 417.75 Td (a ) Tj ET Q q 0 0 0 rg BT 58.20 417.75 Td (loss ) Tj ET Q q 0 0 0 rg BT 78.63 417.75 Td (is ) Tj ET Q q 0 0 0 rg BT 88.49 417.75 Td (probable ) Tj ET Q q 0 0 0 rg BT 130.05 417.75 Td (and ) Tj ET Q q 0 0 0 rg BT 149.38 417.75 Td (reasonably ) Tj ET Q q 0 0 0 rg BT 200.94 417.75 Td (estimable. ) Tj ET Q q 0 0 0 rg BT 249.16 417.75 Td (If ) Tj ET Q q 0 0 0 rg BT 257.35 417.75 Td (we ) Tj ET Q q 0 0 0 rg BT 272.78 417.75 Td (determine ) Tj ET Q q 0 0 0 rg BT 319.89 417.75 Td (that ) Tj ET Q q 0 0 0 rg BT 339.21 417.75 Td (a ) Tj ET Q q 0 0 0 rg BT 347.41 417.75 Td (loss ) Tj ET Q q 0 0 0 rg BT 367.84 417.75 Td (is ) Tj ET Q q 0 0 0 rg BT 377.70 417.75 Td (reasonably ) Tj ET Q q 0 0 0 rg BT 429.26 417.75 Td (possible ) Tj ET Q q 0 0 0 rg BT 468.59 417.75 Td (and ) Tj ET Q q 0 0 0 rg BT 487.92 417.75 Td (the ) Tj ET Q q 0 0 0 rg BT 504.46 417.75 Td (loss ) Tj ET Q q 0 0 0 rg BT 524.88 417.75 Td (or ) Tj ET Q q 0 0 0 rg BT 536.42 417.75 Td (range ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 405.75 Td (of ) Tj ET Q q 0 0 0 rg BT 61.35 405.75 Td (loss ) Tj ET Q q 0 0 0 rg BT 82.14 405.75 Td (can ) Tj ET Q q 0 0 0 rg BT 101.27 405.75 Td (be ) Tj ET Q q 0 0 0 rg BT 115.40 405.75 Td (estimated, ) Tj ET Q q 0 0 0 rg BT 164.55 405.75 Td (we ) Tj ET Q q 0 0 0 rg BT 180.34 405.75 Td (disclose ) Tj ET Q q 0 0 0 rg BT 219.47 405.75 Td (the ) Tj ET Q q 0 0 0 rg BT 236.38 405.75 Td (reasonably ) Tj ET Q q 0 0 0 rg BT 288.31 405.75 Td (possible ) Tj ET Q q 0 0 0 rg BT 328.01 405.75 Td (loss. ) Tj ET Q q 0 0 0 rg BT 351.58 405.75 Td (W) Tj ET Q q 0 0 0 rg BT 360.84 405.75 Td (e ) Tj ET Q q 0 0 0 rg BT 369.41 405.75 Td (believe ) Tj ET Q q 0 0 0 rg BT 404.11 405.75 Td (these ) Tj ET Q q 0 0 0 rg BT 431.58 405.75 Td (matters ) Tj ET Q q 0 0 0 rg BT 467.93 405.75 Td (are ) Tj ET Q q 0 0 0 rg BT 485.39 405.75 Td (without ) Tj ET Q q 0 0 0 rg BT 520.08 405.75 Td (merit ) Tj ET Q q 0 0 0 rg BT 545.32 405.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 393.75 Td (we ) Tj ET Q q 0 0 0 rg BT 65.79 393.75 Td (are ) Tj ET Q q 0 0 0 rg BT 83.24 393.75 Td (defending ) Tj ET Q q 0 0 0 rg BT 130.17 393.75 Td (ourselves ) Tj ET Q q 0 0 0 rg BT 175.97 393.75 Td (vigorously) Tj ET Q q 0 0 0 rg BT 220.25 393.75 Td (. ) Tj ET Q q 0 0 0 rg BT 226.03 393.75 Td (Due ) Tj ET Q q 0 0 0 rg BT 247.38 393.75 Td (to ) Tj ET Q q 0 0 0 rg BT 258.72 393.75 Td (the ) Tj ET Q q 0 0 0 rg BT 275.62 393.75 Td (inherent ) Tj ET Q q 0 0 0 rg BT 314.76 393.75 Td (complexity ) Tj ET Q q 0 0 0 rg BT 365.00 393.75 Td (and ) Tj ET Q q 0 0 0 rg BT 384.69 393.75 Td (uncertainty ) Tj ET Q q 0 0 0 rg BT 436.60 393.75 Td (of ) Tj ET Q q 0 0 0 rg BT 447.95 393.75 Td (these ) Tj ET Q q 0 0 0 rg BT 475.41 393.75 Td (matters ) Tj ET Q q 0 0 0 rg BT 511.75 393.75 Td (and ) Tj ET Q q 0 0 0 rg BT 531.44 393.75 Td (judicial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 381.75 Td (process ) Tj ET Q q 0 0 0 rg BT 87.79 381.75 Td (in ) Tj ET Q q 0 0 0 rg BT 98.35 381.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 131.15 381.75 Td (jurisdictions, ) Tj ET Q q 0 0 0 rg BT 188.95 381.75 Td (the ) Tj ET Q q 0 0 0 rg BT 205.63 381.75 Td (final ) Tj ET Q q 0 0 0 rg BT 226.75 381.75 Td (outcome ) Tj ET Q q 0 0 0 rg BT 267.88 381.75 Td (may ) Tj ET Q q 0 0 0 rg BT 289.55 381.75 Td (be ) Tj ET Q q 0 0 0 rg BT 303.45 381.75 Td (materially ) Tj ET Q q 0 0 0 rg BT 349.02 381.75 Td (dif) Tj ET Q q 0 0 0 rg BT 359.40 381.75 Td (ferent ) Tj ET Q q 0 0 0 rg BT 387.75 381.75 Td (from ) Tj ET Q q 0 0 0 rg BT 410.53 381.75 Td (our ) Tj ET Q q 0 0 0 rg BT 427.76 381.75 Td (expectations. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 363.75 Td (For ) Tj ET Q q 0 0 0 rg BT 90.28 363.75 Td (information ) Tj ET Q q 0 0 0 rg BT 142.52 363.75 Td (regarding ) Tj ET Q q 0 0 0 rg BT 187.55 363.75 Td (income ) Tj ET Q q 0 0 0 rg BT 222.57 363.75 Td (tax ) Tj ET Q q 0 0 0 rg BT 238.69 363.75 Td (contingencies, ) Tj ET Q q 0 0 0 rg BT 305.40 363.75 Td (see ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.30 363.75 Td (Note ) Tj ET Q q 0 0 0 rg BT 348.20 363.75 Td (13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 359.32 363.75 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 345.75 Td (Note ) Tj ET Q q 0 0 0 rg BT 75.00 345.75 Td (10. ) Tj ET Q q 0 0 0 rg BT 91.68 345.75 Td ( ) Tj ET Q q 0 0 0 rg BT 94.46 345.75 Td ( ) Tj ET Q q 0 0 0 rg BT 97.24 345.75 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 100.01 345.75 Td (Stockholders? Tj ET Q q 0 0 0 rg BT 165.59 345.75 Td ( ) Tj ET Q q 0 0 0 rg BT 168.37 345.75 Td (Equity) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 198.93 345.75 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 327.75 Td (Share ) Tj ET Q q 0 0 0 rg BT 80.57 327.75 Td (Repurchases) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 309.75 Td (In ) Tj ET Q q 0 0 0 rg BT 83.73 309.75 Td (October ) Tj ET Q q 0 0 0 rg BT 122.19 309.75 Td (2016, ) Tj ET Q q 0 0 0 rg BT 150.10 309.75 Td (the ) Tj ET Q q 0 0 0 rg BT 166.90 309.75 Td (Board ) Tj ET Q q 0 0 0 rg BT 196.47 309.75 Td (of ) Tj ET Q q 0 0 0 rg BT 207.70 309.75 Td (Directors ) Tj ET Q q 0 0 0 rg BT 250.59 309.75 Td (of ) Tj ET Q q 0 0 0 rg BT 261.25 309.75 Td (Alphabet ) Tj ET Q q 0 0 0 rg BT 303.62 309.75 Td (authorized ) Tj ET Q q 0 0 0 rg BT 353.21 309.75 Td (the ) Tj ET Q q 0 0 0 rg BT 370.00 309.75 Td (company ) Tj ET Q q 0 0 0 rg BT 413.46 309.75 Td (to ) Tj ET Q q 0 0 0 rg BT 424.69 309.75 Td (repurchase ) Tj ET Q q 0 0 0 rg BT 477.61 309.75 Td (up ) Tj ET Q q 0 0 0 rg BT 491.62 309.75 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.85 309.75 Td ($7.0 ) Tj ET Q q 0 0 0 rg BT 525.21 309.75 Td (billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.78 309.75 Td ( ) Tj ET Q q 0 0 0 rg BT 553.67 309.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 297.75 Td (its ) Tj ET Q q 0 0 0 rg BT 62.66 297.75 Td (Class ) Tj ET Q q 0 0 0 rg BT 90.33 297.75 Td (C ) Tj ET Q q 0 0 0 rg BT 100.22 297.75 Td (capital ) Tj ET Q q 0 0 0 rg BT 131.79 297.75 Td (stock, ) Tj ET Q q 0 0 0 rg BT 160.57 297.75 Td (which ) Tj ET Q q 0 0 0 rg BT 188.80 297.75 Td (was ) Tj ET Q q 0 0 0 rg BT 209.25 297.75 Td (completed ) Tj ET Q q 0 0 0 rg BT 258.05 297.75 Td (during ) Tj ET Q q 0 0 0 rg BT 288.52 297.75 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.08 297.75 Td (three ) Tj ET Q q 0 0 0 rg BT 330.54 297.75 Td (months ) Tj ET Q q 0 0 0 rg BT 366.00 297.75 Td (ended ) Tj ET Q q 0 0 0 rg BT 396.47 297.75 Td (March ) Tj ET Q q 0 0 0 rg BT 426.92 297.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 443.48 297.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.73 297.75 Td (. ) Tj ET Q q 0 0 0 rg BT 471.17 297.75 Td (In ) Tj ET Q q 0 0 0 rg BT 482.18 297.75 Td (January ) Tj ET Q q 0 0 0 rg BT 520.42 297.75 Td (2018, ) Tj ET Q q 0 0 0 rg BT 548.11 297.75 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 285.75 Td (Board ) Tj ET Q q 0 0 0 rg BT 79.91 285.75 Td (of ) Tj ET Q q 0 0 0 rg BT 91.47 285.75 Td (Directors ) Tj ET Q q 0 0 0 rg BT 134.70 285.75 Td (of ) Tj ET Q q 0 0 0 rg BT 145.62 285.75 Td (Alphabet ) Tj ET Q q 0 0 0 rg BT 188.32 285.75 Td (authorized ) Tj ET Q q 0 0 0 rg BT 238.24 285.75 Td (the ) Tj ET Q q 0 0 0 rg BT 255.37 285.75 Td (company ) Tj ET Q q 0 0 0 rg BT 299.17 285.75 Td (to ) Tj ET Q q 0 0 0 rg BT 310.73 285.75 Td (repurchase ) Tj ET Q q 0 0 0 rg BT 363.98 285.75 Td (up ) Tj ET Q q 0 0 0 rg BT 378.33 285.75 Td (to ) Tj ET Q q 0 0 0 rg BT 389.89 285.75 Td (an ) Tj ET Q q 0 0 0 rg BT 404.24 285.75 Td (additional ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.27 285.75 Td ($8.6 ) Tj ET Q q 0 0 0 rg BT 472.96 285.75 Td (billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.53 285.75 Td ( ) Tj ET Q q 0 0 0 rg BT 501.76 285.75 Td (of ) Tj ET Q q 0 0 0 rg BT 513.32 285.75 Td (its ) Tj ET Q q 0 0 0 rg BT 526.54 285.75 Td (Class ) Tj ET Q q 0 0 0 rg BT 554.77 285.75 Td (C ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 273.75 Td (capital ) Tj ET Q q 0 0 0 rg BT 80.75 273.75 Td (stock. ) Tj ET Q q 0 0 0 rg BT 108.59 273.75 Td (The ) Tj ET Q q 0 0 0 rg BT 127.66 273.75 Td (repurchases ) Tj ET Q q 0 0 0 rg BT 184.53 273.75 Td (are ) Tj ET Q q 0 0 0 rg BT 200.82 273.75 Td (being ) Tj ET Q q 0 0 0 rg BT 227.13 273.75 Td (executed ) Tj ET Q q 0 0 0 rg BT 269.56 273.75 Td (from ) Tj ET Q q 0 0 0 rg BT 291.40 273.75 Td (time ) Tj ET Q q 0 0 0 rg BT 312.13 273.75 Td (to ) Tj ET Q q 0 0 0 rg BT 322.31 273.75 Td (time, ) Tj ET Q q 0 0 0 rg BT 345.82 273.75 Td (subject ) Tj ET Q q 0 0 0 rg BT 379.35 273.75 Td (to ) Tj ET Q q 0 0 0 rg BT 389.53 273.75 Td (general ) Tj ET Q q 0 0 0 rg BT 424.73 273.75 Td (business ) Tj ET Q q 0 0 0 rg BT 466.04 273.75 Td (and ) Tj ET Q q 0 0 0 rg BT 484.56 273.75 Td (market ) Tj ET Q q 0 0 0 rg BT 516.97 273.75 Td (conditions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 261.75 Td (and ) Tj ET Q q 0 0 0 rg BT 70.21 261.75 Td (other ) Tj ET Q q 0 0 0 rg BT 96.52 261.75 Td (investment ) Tj ET Q q 0 0 0 rg BT 148.40 261.75 Td (opportunities, ) Tj ET Q q 0 0 0 rg BT 211.96 261.75 Td (through ) Tj ET Q q 0 0 0 rg BT 249.40 261.75 Td (open ) Tj ET Q q 0 0 0 rg BT 275.17 261.75 Td (market ) Tj ET Q q 0 0 0 rg BT 309.25 261.75 Td (purchases ) Tj ET Q q 0 0 0 rg BT 358.91 261.75 Td (or ) Tj ET Q q 0 0 0 rg BT 371.32 261.75 Td (privately ) Tj ET Q q 0 0 0 rg BT 412.08 261.75 Td (negotiated ) Tj ET Q q 0 0 0 rg BT 462.31 261.75 Td (transactions, ) Tj ET Q q 0 0 0 rg BT 522.53 261.75 Td (including ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 249.75 Td (through ) Tj ET Q q 0 0 0 rg BT 86.69 249.75 Td (Rule ) Tj ET Q q 0 0 0 rg BT 110.04 249.75 Td (10b5-1 ) Tj ET Q q 0 0 0 rg BT 143.96 249.75 Td (plans. ) Tj ET Q q 0 0 0 rg BT 173.24 249.75 Td (The ) Tj ET Q q 0 0 0 rg BT 193.25 249.75 Td (repurchase ) Tj ET Q q 0 0 0 rg BT 246.05 249.75 Td (program ) Tj ET Q q 0 0 0 rg BT 286.07 249.75 Td (does ) Tj ET Q q 0 0 0 rg BT 310.53 249.75 Td (not ) Tj ET Q q 0 0 0 rg BT 327.21 249.75 Td (have ) Tj ET Q q 0 0 0 rg BT 351.67 249.75 Td (an ) Tj ET Q q 0 0 0 rg BT 365.58 249.75 Td (expiration ) Tj ET Q q 0 0 0 rg BT 411.71 249.75 Td (date. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 231.75 Td (During ) Tj ET Q q 0 0 0 rg BT 104.65 231.75 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 121.25 231.75 Td (three ) Tj ET Q q 0 0 0 rg BT 146.74 231.75 Td (months ) Tj ET Q q 0 0 0 rg BT 182.22 231.75 Td (ended ) Tj ET Q q 0 0 0 rg BT 212.72 231.75 Td (March ) Tj ET Q q 0 0 0 rg BT 243.20 231.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 259.80 231.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 282.04 231.75 Td (, ) Tj ET Q q 0 0 0 rg BT 287.52 231.75 Td (we ) Tj ET Q q 0 0 0 rg BT 302.99 231.75 Td (repurchased ) Tj ET Q q 0 0 0 rg BT 361.28 231.75 Td (and ) Tj ET Q q 0 0 0 rg BT 380.66 231.75 Td (subsequently ) Tj ET Q q 0 0 0 rg BT 442.28 231.75 Td (retired ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.32 231.75 Td (2.0 ) Tj ET Q q 0 0 0 rg BT 489.92 231.75 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.26 231.75 Td ( ) Tj ET Q q 0 0 0 rg BT 520.95 231.75 Td (shares ) Tj ET Q q 0 0 0 rg BT 553.66 231.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 219.75 Td (Alphabet ) Tj ET Q q 0 0 0 rg BT 92.26 219.75 Td (Class ) Tj ET Q q 0 0 0 rg BT 120.04 219.75 Td (C ) Tj ET Q q 0 0 0 rg BT 130.04 219.75 Td (capital ) Tj ET Q q 0 0 0 rg BT 161.72 219.75 Td (stock ) Tj ET Q q 0 0 0 rg BT 187.84 219.75 Td (for ) Tj ET Q q 0 0 0 rg BT 202.29 219.75 Td (an ) Tj ET Q q 0 0 0 rg BT 216.19 219.75 Td (aggregate ) Tj ET Q q 0 0 0 rg BT 264.01 219.75 Td (amount ) Tj ET Q q 0 0 0 rg BT 300.14 219.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.26 219.75 Td ($2.2 ) Tj ET Q q 0 0 0 rg BT 333.50 219.75 Td (billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 359.07 219.75 Td (.) Tj ET Q endstream endobj 57 0 obj <>] /Rotate 0 /Contents 58 0 R>> endobj 58 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 53 767.1939453125 m 130.8271484375 767.1939453125 l s q 0 0 1 rg BT 53.00 768.62 Td (T) Tj ET Q q 0 0 1 rg BT 58.00 768.62 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.396078431372549 0.396078431372549 0.396078431372549 rg BT 494.20 768.62 Td (Alphabet Inc.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.40 31.25 Td (26) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 741.75 Td (Note ) Tj ET Q q 0 0 0 rg BT 75.00 741.75 Td (1) Tj ET Q q 0 0 0 rg BT 80.01 741.75 Td (1. ) Tj ET Q q 0 0 0 rg BT 91.13 741.75 Td ( ) Tj ET Q q 0 0 0 rg BT 93.91 741.75 Td ( ) Tj ET Q q 0 0 0 rg BT 96.68 741.75 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 99.46 741.75 Td (Net ) Tj ET Q q 0 0 0 rg BT 118.35 741.75 Td (Income ) Tj ET Q q 0 0 0 rg BT 156.14 741.75 Td (Per ) Tj ET Q q 0 0 0 rg BT 175.04 741.75 Td (Share) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 202.84 741.75 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 723.75 Td (The ) Tj ET Q q 0 0 0 rg BT 92.44 723.75 Td (following ) Tj ET Q q 0 0 0 rg BT 134.06 723.75 Td (table ) Tj ET Q q 0 0 0 rg BT 158.45 723.75 Td (sets ) Tj ET Q q 0 0 0 rg BT 179.50 723.75 Td (forth ) Tj ET Q q 0 0 0 rg BT 202.22 723.75 Td (the ) Tj ET Q q 0 0 0 rg BT 218.83 723.75 Td (computation ) Tj ET Q q 0 0 0 rg BT 276.01 723.75 Td (of ) Tj ET Q q 0 0 0 rg BT 287.06 723.75 Td (basic ) Tj ET Q q 0 0 0 rg BT 313.11 723.75 Td (and ) Tj ET Q q 0 0 0 rg BT 332.50 723.75 Td (diluted ) Tj ET Q q 0 0 0 rg BT 364.68 723.75 Td (net ) Tj ET Q q 0 0 0 rg BT 381.29 723.75 Td (income ) Tj ET Q q 0 0 0 rg BT 416.23 723.75 Td (per ) Tj ET Q q 0 0 0 rg BT 433.40 723.75 Td (share ) Tj ET Q q 0 0 0 rg BT 461.12 723.75 Td (of ) Tj ET Q q 0 0 0 rg BT 472.17 723.75 Td (Class? Tj ET Q q 0 0 0 rg BT 499.40 723.75 Td (A) Tj ET Q q 0 0 0 rg BT 505.52 723.75 Td ( ) Tj ET Q q 0 0 0 rg BT 508.22 723.75 Td (and ) Tj ET Q q 0 0 0 rg BT 527.62 723.75 Td (Class ) Tj ET Q q 0 0 0 rg BT 555.33 723.75 Td (B ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 711.75 Td (common ) Tj ET Q q 0 0 0 rg BT 90.73 711.75 Td (stock ) Tj ET Q q 0 0 0 rg BT 116.45 711.75 Td (and ) Tj ET Q q 0 0 0 rg BT 135.52 711.75 Td (Class ) Tj ET Q q 0 0 0 rg BT 162.90 711.75 Td (C ) Tj ET Q q 0 0 0 rg BT 172.51 711.75 Td (capital ) Tj ET Q q 0 0 0 rg BT 203.80 711.75 Td (stock ) Tj ET Q q 0 0 0 rg BT 229.52 711.75 Td (\(in ) Tj ET Q q 0 0 0 rg BT 243.01 711.75 Td (millions, ) Tj ET Q q 0 0 0 rg BT 281.51 711.75 Td (except ) Tj ET Q q 0 0 0 rg BT 313.36 711.75 Td (share ) Tj ET Q q 0 0 0 rg BT 340.76 711.75 Td (amounts ) Tj ET Q q 0 0 0 rg BT 381.49 711.75 Td (which ) Tj ET Q q 0 0 0 rg BT 409.44 711.75 Td (are ) Tj ET Q q 0 0 0 rg BT 426.28 711.75 Td (reflected ) Tj ET Q q 0 0 0 rg BT 467.01 711.75 Td (in ) Tj ET Q q 0 0 0 rg BT 477.18 711.75 Td (thousands, ) Tj ET Q q 0 0 0 rg BT 528.49 711.75 Td (and ) Tj ET Q q 0 0 0 rg BT 547.55 711.75 Td (per ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 699.75 Td (share ) Tj ET Q q 0 0 0 rg BT 77.79 699.75 Td (amounts, ) Tj ET Q q 0 0 0 rg BT 121.70 699.75 Td (unaudited\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 647.25 254.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 303.50 647.25 41.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 647.25 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 348.50 647.25 39.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 387.50 647.25 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.50 647.25 38.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 429.50 647.25 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 647.25 40.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 647.25 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.50 647.25 41.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 518.50 647.25 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 522.50 647.25 39.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 621.25 254.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 303.50 621.25 41.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 621.25 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 348.50 621.25 39.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 387.50 621.25 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.50 621.25 38.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 429.50 621.25 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 621.25 40.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 621.25 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.50 621.25 41.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 518.50 621.25 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 522.50 621.25 39.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 595.25 254.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 303.50 595.25 41.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 595.25 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 348.50 595.25 39.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 387.50 595.25 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.50 595.25 38.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 429.50 595.25 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 595.25 40.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 595.25 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.50 595.25 41.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 518.50 595.25 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 522.50 595.25 39.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 569.25 254.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 303.50 569.25 41.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 569.25 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 348.50 569.25 39.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 387.50 569.25 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.50 569.25 38.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 429.50 569.25 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 569.25 40.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 569.25 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.50 569.25 41.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 518.50 569.25 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 522.50 569.25 39.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 543.25 254.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 303.50 543.25 41.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 543.25 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 348.50 543.25 39.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 387.50 543.25 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.50 543.25 38.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 429.50 543.25 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 543.25 40.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 543.25 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.50 543.25 41.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 518.50 543.25 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 522.50 543.25 39.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 509.25 254.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 303.50 509.25 41.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 509.25 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 348.50 509.25 39.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 387.50 509.25 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.50 509.25 38.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 429.50 509.25 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 509.25 40.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 509.25 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.50 509.25 41.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 518.50 509.25 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 522.50 509.25 39.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 483.25 254.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 303.50 483.25 41.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 483.25 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 348.50 483.25 39.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 387.50 483.25 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.50 483.25 38.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 429.50 483.25 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 483.25 40.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 483.25 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.50 483.25 41.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 518.50 483.25 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 522.50 483.25 39.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 457.25 254.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 303.50 457.25 41.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 457.25 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 348.50 457.25 39.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 387.50 457.25 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.50 457.25 38.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 429.50 457.25 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 457.25 40.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 457.25 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.50 457.25 41.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 518.50 457.25 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 522.50 457.25 39.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 431.25 254.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 303.50 431.25 41.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 431.25 4.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 348.50 431.25 39.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 387.50 431.25 4.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.50 431.25 38.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 429.50 431.25 4.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 431.25 40.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 431.25 4.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.50 431.25 41.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 518.50 431.25 4.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 522.50 431.25 39.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 397.25 254.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 303.50 397.25 41.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 397.25 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 348.50 397.25 39.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 387.50 397.25 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.50 397.25 38.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 429.50 397.25 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 397.25 40.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 397.25 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.50 397.25 41.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 518.50 397.25 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 522.50 397.25 39.00 -13.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 303.5 673.25 m 344.5 673.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 303.5 660.25 m 344.5 660.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 673.25 m 348.5 673.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 660.25 m 348.5 660.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348.5 673.25 m 387.5 673.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348.5 660.25 m 387.5 660.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 387.5 673.25 m 391.5 673.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 387.5 660.25 m 391.5 660.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 673.25 m 429.5 673.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 660.25 m 429.5 660.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 673.25 m 473.5 673.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 660.25 m 473.5 660.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473.5 673.25 m 477.5 673.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473.5 660.25 m 477.5 660.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 673.25 m 518.5 673.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 660.25 m 518.5 660.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 518.5 673.25 m 522.5 673.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 518.5 660.25 m 522.5 660.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522.5 673.25 m 561.5 673.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522.5 660.25 m 561.5 660.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 303.5 660.25 m 344.5 660.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 303.5 647.25 m 344.5 647.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348.5 660.25 m 387.5 660.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348.5 647.25 m 387.5 647.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 660.25 m 429.5 660.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 647.25 m 429.5 647.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 660.25 m 473.5 660.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 647.25 m 473.5 647.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 660.25 m 518.5 660.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 647.25 m 518.5 647.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522.5 660.25 m 561.5 660.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522.5 647.25 m 561.5 647.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 303.5 647.25 m 344.5 647.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348.5 647.25 m 387.5 647.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 647.25 m 429.5 647.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 647.25 m 473.5 647.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 647.25 m 518.5 647.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522.5 647.25 m 561.5 647.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 303.5 582.25 m 344.5 582.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348.5 582.25 m 387.5 582.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 582.25 m 429.5 582.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 582.25 m 473.5 582.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 582.25 m 518.5 582.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522.5 582.25 m 561.5 582.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 303.5 570.25 m 344.5 570.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 303.5 568.25 m 344.5 568.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348.5 570.25 m 387.5 570.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348.5 568.25 m 387.5 568.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 570.25 m 429.5 570.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 568.25 m 429.5 568.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 570.25 m 473.5 570.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 568.25 m 473.5 568.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 570.25 m 518.5 570.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 568.25 m 518.5 568.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522.5 570.25 m 561.5 570.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522.5 568.25 m 561.5 568.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 568.25 m 518.5 568.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 570.25 m 518.5 570.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 303.5 496.25 m 344.5 496.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 303.5 483.25 m 344.5 483.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348.5 496.25 m 387.5 496.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348.5 483.25 m 387.5 483.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 496.25 m 429.5 496.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 483.25 m 429.5 483.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 496.25 m 473.5 496.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 483.25 m 473.5 483.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 496.25 m 518.5 496.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 483.25 m 518.5 483.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522.5 496.25 m 561.5 496.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522.5 483.25 m 561.5 483.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348.5 397.25 m 387.5 397.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 397.25 m 429.5 397.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 397.25 m 473.5 397.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 397.25 m 518.5 397.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522.5 397.25 m 561.5 397.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 303.5 397.25 m 344.5 397.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 303.5 384.25 m 344.5 384.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348.5 397.25 m 387.5 397.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348.5 384.25 m 387.5 384.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 397.25 m 429.5 397.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 384.25 m 429.5 384.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 397.25 m 473.5 397.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 384.25 m 473.5 384.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 397.25 m 518.5 397.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 384.25 m 518.5 384.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522.5 397.25 m 561.5 397.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522.5 384.25 m 561.5 384.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 303.5 384.25 m 344.5 384.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 303.5 372.25 m 344.5 372.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 303.5 370.25 m 344.5 370.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348.5 372.25 m 387.5 372.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348.5 370.25 m 387.5 370.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 372.25 m 429.5 372.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 370.25 m 429.5 370.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 372.25 m 473.5 372.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 370.25 m 473.5 370.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 372.25 m 518.5 372.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 370.25 m 518.5 370.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522.5 372.25 m 561.5 372.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522.5 370.25 m 561.5 370.25 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 372.85 677.48 Td (Three Months Ended March 31,) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.00 664.48 Td (? Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 357.10 664.48 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 488.10 664.48 Td (2018) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.00 651.48 Td (? Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 309.10 651.48 Td (Class ) Tj ET Q q 0 0 0 rg BT 332.37 651.48 Td (A) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 352.80 651.48 Td (Class B) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 395.30 651.48 Td (Class C) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 438.60 651.48 Td (Class ) Tj ET Q q 0 0 0 rg BT 461.87 651.48 Td (A) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 482.80 651.48 Td (Class B) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 526.80 651.48 Td (Class C) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.00 638.93 Td (Basic net income per share:) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 58.00 625.93 Td (Numerator) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 70.00 612.93 Td (Allocation of undistributed earnings ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 306.00 612.48 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 321.25 612.53 Td (2,331) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 351.00 612.48 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 370.95 612.48 Td (371) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 394.00 612.48 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 406.25 612.48 Td (2,724) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 436.00 612.48 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 450.25 612.53 Td (4,039) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 480.00 612.48 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 501.95 612.53 Td (635) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 525.00 612.48 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 538.25 612.48 Td (4,727) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 58.00 599.93 Td (Denominator) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 70.00 586.93 Td (Number of shares used in per share computation) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 312.30 586.73 Td (297,150) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 359.80 586.48 Td (47,301) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 397.30 586.48 Td (347,104) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 441.30 586.48 Td (298,449) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 490.80 586.53 Td (46,956) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 529.35 586.48 Td (349,347) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.00 573.93 Td (Basic net income per share) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 306.00 573.48 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 325.70 573.53 Td (7.85) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 351.00 573.48 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 368.70 573.48 Td (7.85) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 394.00 573.48 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 410.70 573.48 Td (7.85) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 436.00 573.48 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 450.25 573.53 Td (13.53) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 480.00 573.48 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 495.25 573.53 Td (13.53) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 525.00 573.48 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 538.25 573.48 Td (13.53) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.00 560.93 Td (Diluted net income per share:) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 58.00 547.93 Td (Numerator) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 70.00 534.93 Td (Allocation of undistributed earnings for basic computation ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 306.00 534.48 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 321.25 534.53 Td (2,331) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 351.00 534.48 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 370.95 534.48 Td (371) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 394.00 534.48 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 406.25 534.48 Td (2,724) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 436.00 534.48 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 450.25 534.53 Td (4,039) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 480.00 534.48 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 501.95 534.53 Td (635) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 525.00 534.48 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 538.25 534.48 Td (4,727) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 82.00 521.93 Td (Reallocation of undistributed earnings as a result of ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 82.00 513.93 Td (conversion of Class B to Class? Tj ET Q q 0 0 0 rg BT 192.27 513.93 Td (A) Tj ET Q q 0 0 0 rg BT 197.16 513.93 Td ( shares) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 327.95 513.53 Td (371) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 379.80 513.48 Td (0) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 421.80 513.48 Td (0) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 456.95 513.53 Td (635) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 510.85 513.53 Td (0) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 553.85 513.48 Td (0) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 82.00 500.93 Td (Reallocation of undistributed earnings) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 329.70 500.53 Td (\(29) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 341.30 500.48 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 377.15 500.48 Td (\(5) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 384.30 500.48 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 417.40 500.48 Td (29) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 458.70 500.53 Td (\(57) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 470.30 500.48 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 508.15 500.48 Td (\(9) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 515.30 500.48 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 549.40 500.48 Td (57) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 70.00 487.93 Td (Allocation of undistributed earnings) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 306.00 487.48 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 321.25 487.53 Td (2,673) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 351.00 487.48 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 370.95 487.48 Td (366) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 394.00 487.48 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 406.25 487.48 Td (2,753) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 436.00 487.48 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 450.25 487.53 Td (4,617) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 480.00 487.48 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 501.95 487.53 Td (626) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 525.00 487.48 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 538.25 487.48 Td (4,784) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 58.00 474.93 Td (Denominator) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 70.00 461.93 Td (Number of shares used in basic computation) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 312.30 461.48 Td (297,150) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 359.80 461.48 Td (47,301) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 397.30 461.48 Td (347,104) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 441.30 461.48 Td (298,449) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 490.80 461.53 Td (46,956) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 529.35 461.48 Td (349,347) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 70.00 448.93 Td (W) Tj ET Q q 0 0 0 rg BT 77.41 448.93 Td (eighted-average ef) Tj ET Q q 0 0 0 rg BT 143.98 448.93 Td (fect of dilutive securities) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 82.00 435.93 Td (Add:) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 82.00 422.93 Td (Conversion of Class B to Class? Tj ET Q q 0 0 0 rg BT 194.05 422.93 Td (A) Tj ET Q q 0 0 0 rg BT 198.94 422.93 Td ( common shares ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 82.00 414.93 Td (outstanding) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 316.80 414.53 Td (47,301) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 379.80 414.48 Td (0) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 421.80 414.48 Td (0) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 445.80 414.53 Td (46,956) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 510.85 414.53 Td (0) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 553.85 414.48 Td (0) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 82.00 401.93 Td (Restricted stock units and other contingently issuable shares) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 321.25 401.53 Td (1,419) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 379.80 401.48 Td (0) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 406.25 401.48 Td (9,062) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 456.95 401.53 Td (898) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 510.85 401.53 Td (0) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 538.25 401.48 Td (9,484) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 70.00 388.93 Td (Number of shares used in per share computation) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 312.30 388.48 Td (345,870) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 359.80 388.48 Td (47,301) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 397.30 388.48 Td (356,166) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 441.30 388.48 Td (346,303) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 490.80 388.53 Td (46,956) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 529.35 388.48 Td (358,831) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.00 375.93 Td (Diluted net income per share) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 306.00 375.48 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 325.70 375.53 Td (7.73) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 351.00 375.48 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 368.70 375.48 Td (7.73) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 394.00 375.48 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 410.70 375.48 Td (7.73) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 436.00 375.48 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 450.25 375.53 Td (13.33) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 480.00 375.48 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 495.25 375.53 Td (13.33) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 525.00 375.48 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 538.25 375.48 Td (13.33) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 353.75 Td (For ) Tj ET Q q 0 0 0 rg BT 91.35 353.75 Td (the ) Tj ET Q q 0 0 0 rg BT 109.10 353.75 Td (periods ) Tj ET Q q 0 0 0 rg BT 145.74 353.75 Td (presented ) Tj ET Q q 0 0 0 rg BT 194.07 353.75 Td (above, ) Tj ET Q q 0 0 0 rg BT 227.94 353.75 Td (the ) Tj ET Q q 0 0 0 rg BT 245.69 353.75 Td (net ) Tj ET Q q 0 0 0 rg BT 263.43 353.75 Td (income ) Tj ET Q q 0 0 0 rg BT 299.52 353.75 Td (per ) Tj ET Q q 0 0 0 rg BT 317.82 353.75 Td (share ) Tj ET Q q 0 0 0 rg BT 346.68 353.75 Td (amounts ) Tj ET Q q 0 0 0 rg BT 388.88 353.75 Td (are ) Tj ET Q q 0 0 0 rg BT 407.18 353.75 Td (the ) Tj ET Q q 0 0 0 rg BT 424.93 353.75 Td (same ) Tj ET Q q 0 0 0 rg BT 453.23 353.75 Td (for ) Tj ET Q q 0 0 0 rg BT 468.75 353.75 Td (Class? Tj ET Q q 0 0 0 rg BT 495.98 353.75 Td (A) Tj ET Q q 0 0 0 rg BT 502.10 353.75 Td ( ) Tj ET Q q 0 0 0 rg BT 505.94 353.75 Td (and ) Tj ET Q q 0 0 0 rg BT 526.48 353.75 Td (Class ) Tj ET Q q 0 0 0 rg BT 555.33 353.75 Td (B ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 341.75 Td (common ) Tj ET Q q 0 0 0 rg BT 91.01 341.75 Td (stock ) Tj ET Q q 0 0 0 rg BT 117.01 341.75 Td (and ) Tj ET Q q 0 0 0 rg BT 136.36 341.75 Td (Class ) Tj ET Q q 0 0 0 rg BT 164.03 341.75 Td (C ) Tj ET Q q 0 0 0 rg BT 173.92 341.75 Td (capital ) Tj ET Q q 0 0 0 rg BT 205.49 341.75 Td (stock ) Tj ET Q q 0 0 0 rg BT 231.49 341.75 Td (because ) Tj ET Q q 0 0 0 rg BT 271.97 341.75 Td (the ) Tj ET Q q 0 0 0 rg BT 288.53 341.75 Td (holders ) Tj ET Q q 0 0 0 rg BT 323.99 341.75 Td (of ) Tj ET Q q 0 0 0 rg BT 335.00 341.75 Td (each ) Tj ET Q q 0 0 0 rg BT 359.35 341.75 Td (class ) Tj ET Q q 0 0 0 rg BT 384.80 341.75 Td (are ) Tj ET Q q 0 0 0 rg BT 401.91 341.75 Td (entitled ) Tj ET Q q 0 0 0 rg BT 436.82 341.75 Td (to ) Tj ET Q q 0 0 0 rg BT 447.83 341.75 Td (equal ) Tj ET Q q 0 0 0 rg BT 474.96 341.75 Td (per ) Tj ET Q q 0 0 0 rg BT 492.08 341.75 Td (share ) Tj ET Q q 0 0 0 rg BT 519.76 341.75 Td (dividends ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 329.75 Td (or ) Tj ET Q q 0 0 0 rg BT 62.09 329.75 Td (distributions ) Tj ET Q q 0 0 0 rg BT 118.65 329.75 Td (in ) Tj ET Q q 0 0 0 rg BT 129.63 329.75 Td (liquidation ) Tj ET Q q 0 0 0 rg BT 177.86 329.75 Td (in ) Tj ET Q q 0 0 0 rg BT 188.85 329.75 Td (accordance ) Tj ET Q q 0 0 0 rg BT 243.74 329.75 Td (with ) Tj ET Q q 0 0 0 rg BT 264.73 329.75 Td (the ) Tj ET Q q 0 0 0 rg BT 281.19 329.75 Td (Amended ) Tj ET Q q 0 0 0 rg BT 327.20 329.75 Td (and ) Tj ET Q q 0 0 0 rg BT 347.08 329.75 Td (Restated ) Tj ET Q q 0 0 0 rg BT 390.30 329.75 Td (Certificate ) Tj ET Q q 0 0 0 rg BT 438.52 329.75 Td (of ) Tj ET Q q 0 0 0 rg BT 450.05 329.75 Td (Incorporation ) Tj ET Q q 0 0 0 rg BT 511.62 329.75 Td (of ) Tj ET Q q 0 0 0 rg BT 522.53 329.75 Td (Alphabet ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 317.75 Td (Inc.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 299.75 Td (Note ) Tj ET Q q 0 0 0 rg BT 75.00 299.75 Td (12. ) Tj ET Q q 0 0 0 rg BT 91.68 299.75 Td ( ) Tj ET Q q 0 0 0 rg BT 94.46 299.75 Td ( ) Tj ET Q q 0 0 0 rg BT 97.24 299.75 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 100.01 299.75 Td (Compensation ) Tj ET Q q 0 0 0 rg BT 172.24 299.75 Td (Plans) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 198.92 299.75 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 281.75 Td (Stock-Based ) Tj ET Q q 0 0 0 rg BT 113.35 281.75 Td (Compensation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 263.75 Td (For ) Tj ET Q q 0 0 0 rg BT 89.64 263.75 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 105.68 263.75 Td (three ) Tj ET Q q 0 0 0 rg BT 130.61 263.75 Td (months ) Tj ET Q q 0 0 0 rg BT 165.54 263.75 Td (ended ) Tj ET Q q 0 0 0 rg BT 195.49 263.75 Td (March ) Tj ET Q q 0 0 0 rg BT 225.41 263.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 241.45 263.75 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 263.69 263.75 Td ( ) Tj ET Q q 0 0 0 rg BT 265.83 263.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 284.65 263.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.90 263.75 Td (, ) Tj ET Q q 0 0 0 rg BT 311.82 263.75 Td (total ) Tj ET Q q 0 0 0 rg BT 332.86 263.75 Td (stock-based ) Tj ET Q q 0 0 0 rg BT 388.91 263.75 Td (compensation ) Tj ET Q q 0 0 0 rg BT 453.31 263.75 Td (\(SBC\) ) Tj ET Q q 0 0 0 rg BT 482.67 263.75 Td (expense ) Tj ET Q q 0 0 0 rg BT 522.61 263.75 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.54 263.75 Td ($2.1 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 251.75 Td (billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.57 251.75 Td ( ) Tj ET Q q 0 0 0 rg BT 78.26 251.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 97.63 251.75 Td ($2.5 ) Tj ET Q q 0 0 0 rg BT 119.78 251.75 Td (billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 145.35 251.75 Td (, ) Tj ET Q q 0 0 0 rg BT 150.81 251.75 Td (including ) Tj ET Q q 0 0 0 rg BT 192.97 251.75 Td (amounts ) Tj ET Q q 0 0 0 rg BT 234.01 251.75 Td (associated ) Tj ET Q q 0 0 0 rg BT 284.51 251.75 Td (with ) Tj ET Q q 0 0 0 rg BT 304.97 251.75 Td (awards ) Tj ET Q q 0 0 0 rg BT 339.90 251.75 Td (we ) Tj ET Q q 0 0 0 rg BT 355.37 251.75 Td (expect ) Tj ET Q q 0 0 0 rg BT 387.52 251.75 Td (to ) Tj ET Q q 0 0 0 rg BT 398.54 251.75 Td (settle ) Tj ET Q q 0 0 0 rg BT 425.13 251.75 Td (in ) Tj ET Q q 0 0 0 rg BT 435.06 251.75 Td (Alphabet ) Tj ET Q q 0 0 0 rg BT 477.23 251.75 Td (stock ) Tj ET Q q 0 0 0 rg BT 503.25 251.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.28 251.75 Td ($2.0 ) Tj ET Q q 0 0 0 rg BT 536.43 251.75 Td (billion) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 239.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.46 239.75 Td ($2.5 ) Tj ET Q q 0 0 0 rg BT 91.70 239.75 Td (billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.28 239.75 Td (, ) Tj ET Q q 0 0 0 rg BT 122.83 239.75 Td (respectively) Tj ET Q q 0 0 0 rg BT 174.89 239.75 Td (. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 221.75 Td (Stock-Based ) Tj ET Q q 0 0 0 rg BT 112.98 221.75 Td (A) Tj ET Q q 0 0 0 rg BT 120.02 221.75 Td (ward ) Tj ET Q q 0 0 0 rg BT 145.77 221.75 Td (Activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 203.75 Td (The following table summarizes the activities for our unvested restricted stock units \(RSUs\) for the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.28 203.75 Td (three ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 191.75 Td (months ended March 31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 185.64 191.75 Td ( \(unaudited\): ) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 131.25 379.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 429.50 131.25 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 131.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 131.25 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 101.25 379.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 429.50 101.25 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 101.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 101.25 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 71.25 379.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 429.50 71.25 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 71.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 71.25 65.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429.5 168.25 m 493.5 168.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493.5 168.25 m 497.5 168.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 168.25 m 562.5 168.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429.5 131.25 m 493.5 131.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 131.25 m 562.5 131.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429.5 71.25 m 493.5 71.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429.5 57.25 m 493.5 57.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429.5 55.25 m 493.5 55.25 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 172.48 Td (? Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 433.70 172.48 Td (Unvested Restricted Stock Units) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 135.48 Td (? Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 441.00 143.48 Td (Number of) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 447.65 135.48 Td (Shares) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 510.20 159.48 Td (W) Tj ET Q q 0 0 0 rg BT 517.61 159.48 Td (eighted-) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 513.85 151.48 Td (A) Tj ET Q q 0 0 0 rg BT 519.33 151.48 Td (verage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 508.80 143.48 Td (Grant-Date) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 510.60 135.48 Td (Fair V) Tj ET Q q 0 0 0 rg BT 532.39 135.48 Td (alue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 121.47 Td (Unvested as of December 31, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.60 120.87 Td (20,077,346) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 120.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.05 120.87 Td (712.45) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 105.87 Td (Granted) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 105.87 Td (9,086,353) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 105.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.70 105.87 Td (1,084.56) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 91.47 Td ( V) Tj ET Q q 0 0 0 rg BT 79.90 91.47 Td (ested) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.80 90.87 Td (\(2,940,503) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 90.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 90.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.05 90.87 Td (722.72) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 76.47 Td ( Forfeited/canceled) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.15 75.87 Td (\(367,368) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 75.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 75.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.05 75.87 Td (791.33) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 61.47 Td (Unvested as of March 31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.60 60.87 Td (25,855,828) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 60.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.05 60.87 Td (840.89) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 59 0 obj <>] /Rotate 0 /Contents 60 0 R>> endobj 60 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 53 767.1939453125 m 130.8271484375 767.1939453125 l s q 0 0 1 rg BT 53.00 768.62 Td (T) Tj ET Q q 0 0 1 rg BT 58.00 768.62 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.396078431372549 0.396078431372549 0.396078431372549 rg BT 494.20 768.62 Td (Alphabet Inc.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.40 31.25 Td (27) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 741.75 Td (As ) Tj ET Q q 0 0 0 rg BT 88.06 741.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.79 741.75 Td (March ) Tj ET Q q 0 0 0 rg BT 128.97 741.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 145.26 741.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 167.51 741.75 Td (, ) Tj ET Q q 0 0 0 rg BT 172.68 741.75 Td (there ) Tj ET Q q 0 0 0 rg BT 197.86 741.75 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 218.04 741.75 Td ($20.0 ) Tj ET Q q 0 0 0 rg BT 245.45 741.75 Td (billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.02 741.75 Td ( ) Tj ET Q q 0 0 0 rg BT 273.42 741.75 Td (of ) Tj ET Q q 0 0 0 rg BT 284.15 741.75 Td (unrecognized ) Tj ET Q q 0 0 0 rg BT 346.58 741.75 Td (compensation ) Tj ET Q q 0 0 0 rg BT 411.23 741.75 Td (cost ) Tj ET Q q 0 0 0 rg BT 431.97 741.75 Td (related ) Tj ET Q q 0 0 0 rg BT 464.93 741.75 Td (to ) Tj ET Q q 0 0 0 rg BT 475.67 741.75 Td (unvested ) Tj ET Q q 0 0 0 rg BT 518.64 741.75 Td (employee ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 729.75 Td (RSUs. ) Tj ET Q q 0 0 0 rg BT 81.49 729.75 Td (This ) Tj ET Q q 0 0 0 rg BT 103.16 729.75 Td (amount ) Tj ET Q q 0 0 0 rg BT 139.29 729.75 Td (is ) Tj ET Q q 0 0 0 rg BT 149.29 729.75 Td (expected ) Tj ET Q q 0 0 0 rg BT 192.66 729.75 Td (to ) Tj ET Q q 0 0 0 rg BT 203.77 729.75 Td (be ) Tj ET Q q 0 0 0 rg BT 217.68 729.75 Td (recognized ) Tj ET Q q 0 0 0 rg BT 269.38 729.75 Td (over ) Tj ET Q q 0 0 0 rg BT 291.61 729.75 Td (a ) Tj ET Q q 0 0 0 rg BT 299.95 729.75 Td (weighted-average ) Tj ET Q q 0 0 0 rg BT 382.22 729.75 Td (period ) Tj ET Q q 0 0 0 rg BT 412.80 729.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.92 729.75 Td (2.8 ) Tj ET Q q 0 0 0 rg BT 440.60 729.75 Td (years) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.05 729.75 Td (. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 711.75 Td (Performance ) Tj ET Q q 0 0 0 rg BT 113.92 711.75 Td (Fees) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 693.75 Td (W) Tj ET Q q 0 0 0 rg BT 81.76 693.75 Td (e ) Tj ET Q q 0 0 0 rg BT 90.25 693.75 Td (have ) Tj ET Q q 0 0 0 rg BT 114.86 693.75 Td (compensation ) Tj ET Q q 0 0 0 rg BT 180.06 693.75 Td (arrangements ) Tj ET Q q 0 0 0 rg BT 244.68 693.75 Td (with ) Tj ET Q q 0 0 0 rg BT 265.40 693.75 Td (payouts ) Tj ET Q q 0 0 0 rg BT 303.35 693.75 Td (based ) Tj ET Q q 0 0 0 rg BT 333.53 693.75 Td (on ) Tj ET Q q 0 0 0 rg BT 347.58 693.75 Td (investment ) Tj ET Q q 0 0 0 rg BT 398.87 693.75 Td (returns. ) Tj ET Q q 0 0 0 rg BT 435.70 693.75 Td (W) Tj ET Q q 0 0 0 rg BT 444.96 693.75 Td (e ) Tj ET Q q 0 0 0 rg BT 453.45 693.75 Td (recognize ) Tj ET Q q 0 0 0 rg BT 499.74 693.75 Td (compensation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 681.75 Td (expense ) Tj ET Q q 0 0 0 rg BT 91.11 681.75 Td (based ) Tj ET Q q 0 0 0 rg BT 121.66 681.75 Td (on ) Tj ET Q q 0 0 0 rg BT 136.08 681.75 Td (the ) Tj ET Q q 0 0 0 rg BT 153.29 681.75 Td (estimated ) Tj ET Q q 0 0 0 rg BT 199.94 681.75 Td (payouts. ) Tj ET Q q 0 0 0 rg BT 241.05 681.75 Td (For ) Tj ET Q q 0 0 0 rg BT 259.35 681.75 Td (the ) Tj ET Q q 0 0 0 rg BT 276.55 681.75 Td (three ) Tj ET Q q 0 0 0 rg BT 302.65 681.75 Td (months ) Tj ET Q q 0 0 0 rg BT 338.74 681.75 Td (ended ) Tj ET Q q 0 0 0 rg BT 369.85 681.75 Td (March ) Tj ET Q q 0 0 0 rg BT 400.93 681.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 418.14 681.75 Td (2018, ) Tj ET Q q 0 0 0 rg BT 446.46 681.75 Td (performance ) Tj ET Q q 0 0 0 rg BT 505.90 681.75 Td (fees ) Tj ET Q q 0 0 0 rg BT 528.11 681.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.75 681.75 Td ($632 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 669.75 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.34 669.75 Td ( ) Tj ET Q q 0 0 0 rg BT 81.26 669.75 Td (primarily ) Tj ET Q q 0 0 0 rg BT 121.97 669.75 Td (related ) Tj ET Q q 0 0 0 rg BT 155.47 669.75 Td (to ) Tj ET Q q 0 0 0 rg BT 166.73 669.75 Td (gains ) Tj ET Q q 0 0 0 rg BT 193.56 669.75 Td (on ) Tj ET Q q 0 0 0 rg BT 207.61 669.75 Td (equity ) Tj ET Q q 0 0 0 rg BT 237.22 669.75 Td (securities ) Tj ET Q q 0 0 0 rg BT 282.38 669.75 Td (\(for ) Tj ET Q q 0 0 0 rg BT 300.31 669.75 Td (further ) Tj ET Q q 0 0 0 rg BT 332.13 669.75 Td (information, ) Tj ET Q q 0 0 0 rg BT 387.30 669.75 Td (see ) Tj ET Q q 0 0 0 rg BT 406.35 669.75 Td (Equity ) Tj ET Q q 0 0 0 rg BT 437.07 669.75 Td (Investments ) Tj ET Q q 0 0 0 rg BT 493.91 669.75 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.61 669.75 Td (Note ) Tj ET Q q 0 0 0 rg BT 528.66 669.75 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.22 669.75 Td (\) were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 657.75 Td (accrued ) Tj ET Q q 0 0 0 rg BT 88.35 657.75 Td (and ) Tj ET Q q 0 0 0 rg BT 107.82 657.75 Td (recorded ) Tj ET Q q 0 0 0 rg BT 150.06 657.75 Td (as ) Tj ET Q q 0 0 0 rg BT 163.40 657.75 Td (a ) Tj ET Q q 0 0 0 rg BT 171.74 657.75 Td (component ) Tj ET Q q 0 0 0 rg BT 224.00 657.75 Td (of ) Tj ET Q q 0 0 0 rg BT 235.12 657.75 Td (general ) Tj ET Q q 0 0 0 rg BT 271.25 657.75 Td (and ) Tj ET Q q 0 0 0 rg BT 290.72 657.75 Td (administrative ) Tj ET Q q 0 0 0 rg BT 355.19 657.75 Td (expenses. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 639.75 Td (Note ) Tj ET Q q 0 0 0 rg BT 75.00 639.75 Td (13. ) Tj ET Q q 0 0 0 rg BT 91.68 639.75 Td ( ) Tj ET Q q 0 0 0 rg BT 94.46 639.75 Td ( ) Tj ET Q q 0 0 0 rg BT 97.24 639.75 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 100.01 639.75 Td (Income ) Tj ET Q q 0 0 0 rg BT 137.80 639.75 Td (T) Tj ET Q q 0 0 0 rg BT 143.17 639.75 Td (axes) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 165.42 639.75 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 621.75 Td (W) Tj ET Q q 0 0 0 rg BT 81.76 621.75 Td (e ) Tj ET Q q 0 0 0 rg BT 89.44 621.75 Td (are ) Tj ET Q q 0 0 0 rg BT 106.02 621.75 Td (subject ) Tj ET Q q 0 0 0 rg BT 139.83 621.75 Td (to ) Tj ET Q q 0 0 0 rg BT 150.29 621.75 Td (income ) Tj ET Q q 0 0 0 rg BT 184.65 621.75 Td (taxes ) Tj ET Q q 0 0 0 rg BT 210.67 621.75 Td (in ) Tj ET Q q 0 0 0 rg BT 220.58 621.75 Td (the ) Tj ET Q q 0 0 0 rg BT 236.60 621.75 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 258.17 621.75 Td (and ) Tj ET Q q 0 0 0 rg BT 276.98 621.75 Td (foreign ) Tj ET Q q 0 0 0 rg BT 309.68 621.75 Td (jurisdictions. ) Tj ET Q q 0 0 0 rg BT 366.82 621.75 Td (Significant ) Tj ET Q q 0 0 0 rg BT 415.08 621.75 Td (judgment ) Tj ET Q q 0 0 0 rg BT 458.35 621.75 Td (is ) Tj ET Q q 0 0 0 rg BT 467.69 621.75 Td (required ) Tj ET Q q 0 0 0 rg BT 506.50 621.75 Td (in ) Tj ET Q q 0 0 0 rg BT 516.41 621.75 Td (evaluating ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 609.75 Td (our ) Tj ET Q q 0 0 0 rg BT 67.03 609.75 Td (uncertain ) Tj ET Q q 0 0 0 rg BT 110.74 609.75 Td (tax ) Tj ET Q q 0 0 0 rg BT 126.65 609.75 Td (positions ) Tj ET Q q 0 0 0 rg BT 168.69 609.75 Td (and ) Tj ET Q q 0 0 0 rg BT 187.95 609.75 Td (determining ) Tj ET Q q 0 0 0 rg BT 242.77 609.75 Td (our ) Tj ET Q q 0 0 0 rg BT 259.80 609.75 Td (provision ) Tj ET Q q 0 0 0 rg BT 302.39 609.75 Td (for ) Tj ET Q q 0 0 0 rg BT 316.64 609.75 Td (income ) Tj ET Q q 0 0 0 rg BT 351.45 609.75 Td (taxes. ) Tj ET Q q 0 0 0 rg BT 380.70 609.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 399.94 609.75 Td (total ) Tj ET Q q 0 0 0 rg BT 421.42 609.75 Td (gross ) Tj ET Q q 0 0 0 rg BT 448.44 609.75 Td (unrecognized ) Tj ET Q q 0 0 0 rg BT 511.06 609.75 Td (tax ) Tj ET Q q 0 0 0 rg BT 526.97 609.75 Td (benefits ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 597.75 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.37 597.75 Td ($4.7 ) Tj ET Q q 0 0 0 rg BT 96.53 597.75 Td (billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.11 597.75 Td ( ) Tj ET Q q 0 0 0 rg BT 124.80 597.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 144.19 597.75 Td ($5.0 ) Tj ET Q q 0 0 0 rg BT 166.35 597.75 Td (billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 191.92 597.75 Td ( ) Tj ET Q q 0 0 0 rg BT 194.62 597.75 Td (as ) Tj ET Q q 0 0 0 rg BT 207.88 597.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 218.92 597.75 Td (December ) Tj ET Q q 0 0 0 rg BT 267.74 597.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 284.34 597.75 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.59 597.75 Td ( ) Tj ET Q q 0 0 0 rg BT 309.29 597.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.67 597.75 Td (March ) Tj ET Q q 0 0 0 rg BT 359.15 597.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 375.75 597.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.00 597.75 Td (, ) Tj ET Q q 0 0 0 rg BT 403.47 597.75 Td (respectively) Tj ET Q q 0 0 0 rg BT 455.53 597.75 Td (. ) Tj ET Q q 0 0 0 rg BT 461.00 597.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 480.37 597.75 Td (total ) Tj ET Q q 0 0 0 rg BT 501.97 597.75 Td (unrecognized ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 585.75 Td (tax ) Tj ET Q q 0 0 0 rg BT 65.72 585.75 Td (benefits ) Tj ET Q q 0 0 0 rg BT 103.13 585.75 Td (that, ) Tj ET Q q 0 0 0 rg BT 124.97 585.75 Td (if ) Tj ET Q q 0 0 0 rg BT 132.35 585.75 Td (recognized, ) Tj ET Q q 0 0 0 rg BT 186.43 585.75 Td (would ) Tj ET Q q 0 0 0 rg BT 214.94 585.75 Td (af) Tj ET Q q 0 0 0 rg BT 223.10 585.75 Td (fect ) Tj ET Q q 0 0 0 rg BT 241.60 585.75 Td (our ) Tj ET Q q 0 0 0 rg BT 258.44 585.75 Td (ef) Tj ET Q q 0 0 0 rg BT 266.60 585.75 Td (fective ) Tj ET Q q 0 0 0 rg BT 297.88 585.75 Td (tax ) Tj ET Q q 0 0 0 rg BT 313.60 585.75 Td (rate ) Tj ET Q q 0 0 0 rg BT 333.22 585.75 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.27 585.75 Td ($3.0 ) Tj ET Q q 0 0 0 rg BT 379.12 585.75 Td (billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.69 585.75 Td ( ) Tj ET Q q 0 0 0 rg BT 407.07 585.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.14 585.75 Td ($3.4 ) Tj ET Q q 0 0 0 rg BT 447.99 585.75 Td (billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.56 585.75 Td ( ) Tj ET Q q 0 0 0 rg BT 475.94 585.75 Td (as ) Tj ET Q q 0 0 0 rg BT 488.88 585.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.60 585.75 Td (December ) Tj ET Q q 0 0 0 rg BT 548.12 585.75 Td (31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 573.75 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.25 573.75 Td ( ) Tj ET Q q 0 0 0 rg BT 75.02 573.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 94.49 573.75 Td (March ) Tj ET Q q 0 0 0 rg BT 125.05 573.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 141.73 573.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 163.97 573.75 Td (, ) Tj ET Q q 0 0 0 rg BT 169.53 573.75 Td (respectively) Tj ET Q q 0 0 0 rg BT 221.59 573.75 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 555.75 Td (The ) Tj ET Q q 0 0 0 rg BT 92.57 555.75 Td (T) Tj ET Q q 0 0 0 rg BT 97.57 555.75 Td (ax ) Tj ET Q q 0 0 0 rg BT 110.56 555.75 Td (Act ) Tj ET Q q 0 0 0 rg BT 128.05 555.75 Td (enacted ) Tj ET Q q 0 0 0 rg BT 166.67 555.75 Td (in ) Tj ET Q q 0 0 0 rg BT 177.48 555.75 Td (December ) Tj ET Q q 0 0 0 rg BT 226.65 555.75 Td (2017 ) Tj ET Q q 0 0 0 rg BT 251.93 555.75 Td (introduced ) Tj ET Q q 0 0 0 rg BT 301.66 555.75 Td (significant ) Tj ET Q q 0 0 0 rg BT 349.16 555.75 Td (changes ) Tj ET Q q 0 0 0 rg BT 390.01 555.75 Td (to ) Tj ET Q q 0 0 0 rg BT 401.38 555.75 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 423.86 555.75 Td (income ) Tj ET Q q 0 0 0 rg BT 459.13 555.75 Td (tax ) Tj ET Q q 0 0 0 rg BT 475.51 555.75 Td (law) Tj ET Q q 0 0 0 rg BT 489.96 555.75 Td (. ) Tj ET Q q 0 0 0 rg BT 495.77 555.75 Td (Ef) Tj ET Q q 0 0 0 rg BT 505.04 555.75 Td (fective ) Tj ET Q q 0 0 0 rg BT 536.98 555.75 Td (2018, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 543.75 Td (the ) Tj ET Q q 0 0 0 rg BT 66.82 543.75 Td (T) Tj ET Q q 0 0 0 rg BT 71.82 543.75 Td (ax ) Tj ET Q q 0 0 0 rg BT 84.88 543.75 Td (Act ) Tj ET Q q 0 0 0 rg BT 102.44 543.75 Td (reduced ) Tj ET Q q 0 0 0 rg BT 141.70 543.75 Td (the ) Tj ET Q q 0 0 0 rg BT 158.72 543.75 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 181.28 543.75 Td (statutory ) Tj ET Q q 0 0 0 rg BT 222.75 543.75 Td (tax ) Tj ET Q q 0 0 0 rg BT 239.21 543.75 Td (rate ) Tj ET Q q 0 0 0 rg BT 259.56 543.75 Td (from ) Tj ET Q q 0 0 0 rg BT 282.67 543.75 Td (35% ) Tj ET Q q 0 0 0 rg BT 305.81 543.75 Td (to ) Tj ET Q q 0 0 0 rg BT 317.26 543.75 Td (21% ) Tj ET Q q 0 0 0 rg BT 340.40 543.75 Td (and ) Tj ET Q q 0 0 0 rg BT 360.20 543.75 Td (created ) Tj ET Q q 0 0 0 rg BT 396.67 543.75 Td (new ) Tj ET Q q 0 0 0 rg BT 418.13 543.75 Td (taxes ) Tj ET Q q 0 0 0 rg BT 445.15 543.75 Td (on ) Tj ET Q q 0 0 0 rg BT 459.39 543.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 492.52 543.75 Td (foreign-sourced ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 531.75 Td (earnings ) Tj ET Q q 0 0 0 rg BT 91.14 531.75 Td (and ) Tj ET Q q 0 0 0 rg BT 110.60 531.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 143.39 531.75 Td (intercompany ) Tj ET Q q 0 0 0 rg BT 206.20 531.75 Td (payments. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 513.75 Td (Due ) Tj ET Q q 0 0 0 rg BT 92.97 513.75 Td (to ) Tj ET Q q 0 0 0 rg BT 103.44 513.75 Td (the ) Tj ET Q q 0 0 0 rg BT 119.47 513.75 Td (timing ) Tj ET Q q 0 0 0 rg BT 148.27 513.75 Td (of ) Tj ET Q q 0 0 0 rg BT 158.74 513.75 Td (the ) Tj ET Q q 0 0 0 rg BT 174.77 513.75 Td (enactment ) Tj ET Q q 0 0 0 rg BT 223.60 513.75 Td (and ) Tj ET Q q 0 0 0 rg BT 242.41 513.75 Td (the ) Tj ET Q q 0 0 0 rg BT 258.44 513.75 Td (complexity ) Tj ET Q q 0 0 0 rg BT 307.80 513.75 Td (involved ) Tj ET Q q 0 0 0 rg BT 346.62 513.75 Td (in ) Tj ET Q q 0 0 0 rg BT 356.53 513.75 Td (applying ) Tj ET Q q 0 0 0 rg BT 395.91 513.75 Td (the ) Tj ET Q q 0 0 0 rg BT 411.94 513.75 Td (provisions ) Tj ET Q q 0 0 0 rg BT 459.09 513.75 Td (of ) Tj ET Q q 0 0 0 rg BT 469.56 513.75 Td (the ) Tj ET Q q 0 0 0 rg BT 485.45 513.75 Td (T) Tj ET Q q 0 0 0 rg BT 490.45 513.75 Td (ax ) Tj ET Q q 0 0 0 rg BT 502.72 513.75 Td (Act, ) Tj ET Q q 0 0 0 rg BT 522.07 513.75 Td (we ) Tj ET Q q 0 0 0 rg BT 536.98 513.75 Td (made ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 501.75 Td (reasonable ) Tj ET Q q 0 0 0 rg BT 101.93 501.75 Td (estimates ) Tj ET Q q 0 0 0 rg BT 147.17 501.75 Td (of ) Tj ET Q q 0 0 0 rg BT 157.95 501.75 Td (the ) Tj ET Q q 0 0 0 rg BT 174.30 501.75 Td (ef) Tj ET Q q 0 0 0 rg BT 182.46 501.75 Td (fects ) Tj ET Q q 0 0 0 rg BT 206.02 501.75 Td (and ) Tj ET Q q 0 0 0 rg BT 225.15 501.75 Td (recorded ) Tj ET Q q 0 0 0 rg BT 267.07 501.75 Td (provisional ) Tj ET Q q 0 0 0 rg BT 317.32 501.75 Td (amounts ) Tj ET Q q 0 0 0 rg BT 358.12 501.75 Td (in ) Tj ET Q q 0 0 0 rg BT 368.34 501.75 Td (our ) Tj ET Q q 0 0 0 rg BT 385.24 501.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 424.38 501.75 Td (statements ) Tj ET Q q 0 0 0 rg BT 475.74 501.75 Td (as ) Tj ET Q q 0 0 0 rg BT 488.74 501.75 Td (of ) Tj ET Q q 0 0 0 rg BT 499.53 501.75 Td (December ) Tj ET Q q 0 0 0 rg BT 548.10 501.75 Td (31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 489.75 Td (2017. ) Tj ET Q q 0 0 0 rg BT 77.12 489.75 Td (As ) Tj ET Q q 0 0 0 rg BT 91.39 489.75 Td (we ) Tj ET Q q 0 0 0 rg BT 106.79 489.75 Td (collect ) Tj ET Q q 0 0 0 rg BT 137.74 489.75 Td (and ) Tj ET Q q 0 0 0 rg BT 157.03 489.75 Td (prepare ) Tj ET Q q 0 0 0 rg BT 194.11 489.75 Td (necessary ) Tj ET Q q 0 0 0 rg BT 242.29 489.75 Td (data, ) Tj ET Q q 0 0 0 rg BT 267.15 489.75 Td (and ) Tj ET Q q 0 0 0 rg BT 286.44 489.75 Td (interpret ) Tj ET Q q 0 0 0 rg BT 325.73 489.75 Td (the ) Tj ET Q q 0 0 0 rg BT 342.07 489.75 Td (T) Tj ET Q q 0 0 0 rg BT 347.07 489.75 Td (ax ) Tj ET Q q 0 0 0 rg BT 359.72 489.75 Td (Act ) Tj ET Q q 0 0 0 rg BT 376.78 489.75 Td (and ) Tj ET Q q 0 0 0 rg BT 396.08 489.75 Td (any ) Tj ET Q q 0 0 0 rg BT 414.81 489.75 Td (additional ) Tj ET Q q 0 0 0 rg BT 460.23 489.75 Td (guidance ) Tj ET Q q 0 0 0 rg BT 503.43 489.75 Td (issued ) Tj ET Q q 0 0 0 rg BT 534.94 489.75 Td (by ) Tj ET Q q 0 0 0 rg BT 548.11 489.75 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 477.75 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 72.95 477.75 Td (T) Tj ET Q q 0 0 0 rg BT 78.69 477.75 Td (reasury ) Tj ET Q q 0 0 0 rg BT 115.77 477.75 Td (Department, ) Tj ET Q q 0 0 0 rg BT 174.54 477.75 Td (the ) Tj ET Q q 0 0 0 rg BT 192.18 477.75 Td (Internal ) Tj ET Q q 0 0 0 rg BT 229.28 477.75 Td (Revenue ) Tj ET Q q 0 0 0 rg BT 273.05 477.75 Td (Service ) Tj ET Q q 0 0 0 rg BT 310.14 477.75 Td (\(IRS\), ) Tj ET Q q 0 0 0 rg BT 339.99 477.75 Td (and ) Tj ET Q q 0 0 0 rg BT 360.42 477.75 Td (other ) Tj ET Q q 0 0 0 rg BT 386.95 477.75 Td (standard-setting ) Tj ET Q q 0 0 0 rg BT 462.41 477.75 Td (bodies, ) Tj ET Q q 0 0 0 rg BT 498.39 477.75 Td (we ) Tj ET Q q 0 0 0 rg BT 514.92 477.75 Td (may ) Tj ET Q q 0 0 0 rg BT 537.55 477.75 Td (make ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 465.75 Td (adjustments ) Tj ET Q q 0 0 0 rg BT 106.61 465.75 Td (to ) Tj ET Q q 0 0 0 rg BT 117.65 465.75 Td (the ) Tj ET Q q 0 0 0 rg BT 134.25 465.75 Td (provisional ) Tj ET Q q 0 0 0 rg BT 184.75 465.75 Td (amounts. ) Tj ET Q q 0 0 0 rg BT 228.40 465.75 Td (Those ) Tj ET Q q 0 0 0 rg BT 258.89 465.75 Td (adjustments ) Tj ET Q q 0 0 0 rg BT 315.50 465.75 Td (may ) Tj ET Q q 0 0 0 rg BT 337.09 465.75 Td (materially ) Tj ET Q q 0 0 0 rg BT 382.58 465.75 Td (af) Tj ET Q q 0 0 0 rg BT 390.74 465.75 Td (fect ) Tj ET Q q 0 0 0 rg BT 409.55 465.75 Td (our ) Tj ET Q q 0 0 0 rg BT 426.70 465.75 Td (provision ) Tj ET Q q 0 0 0 rg BT 469.42 465.75 Td (for ) Tj ET Q q 0 0 0 rg BT 483.78 465.75 Td (income ) Tj ET Q q 0 0 0 rg BT 518.72 465.75 Td (taxes ) Tj ET Q q 0 0 0 rg BT 545.32 465.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 453.75 Td (ef) Tj ET Q q 0 0 0 rg BT 58.16 453.75 Td (fective ) Tj ET Q q 0 0 0 rg BT 89.83 453.75 Td (tax ) Tj ET Q q 0 0 0 rg BT 105.94 453.75 Td (rate ) Tj ET Q q 0 0 0 rg BT 125.95 453.75 Td (in ) Tj ET Q q 0 0 0 rg BT 136.50 453.75 Td (the ) Tj ET Q q 0 0 0 rg BT 153.17 453.75 Td (period ) Tj ET Q q 0 0 0 rg BT 183.74 453.75 Td (in ) Tj ET Q q 0 0 0 rg BT 194.30 453.75 Td (which ) Tj ET Q q 0 0 0 rg BT 222.64 453.75 Td (the ) Tj ET Q q 0 0 0 rg BT 239.31 453.75 Td (adjustments ) Tj ET Q q 0 0 0 rg BT 296.00 453.75 Td (are ) Tj ET Q q 0 0 0 rg BT 313.22 453.75 Td (made. ) Tj ET Q q 0 0 0 rg BT 343.60 453.75 Td (The ) Tj ET Q q 0 0 0 rg BT 363.61 453.75 Td (adjustments ) Tj ET Q q 0 0 0 rg BT 420.30 453.75 Td (made ) Tj ET Q q 0 0 0 rg BT 448.08 453.75 Td (in ) Tj ET Q q 0 0 0 rg BT 458.64 453.75 Td (the ) Tj ET Q q 0 0 0 rg BT 475.31 453.75 Td (first ) Tj ET Q q 0 0 0 rg BT 494.19 453.75 Td (quarter ) Tj ET Q q 0 0 0 rg BT 528.65 453.75 Td (of ) Tj ET Q q 0 0 0 rg BT 539.76 453.75 Td (2018 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 441.75 Td (were ) Tj ET Q q 0 0 0 rg BT 74.45 441.75 Td (not ) Tj ET Q q 0 0 0 rg BT 91.13 441.75 Td (significant. ) Tj ET Q q 0 0 0 rg BT 140.98 441.75 Td (The ) Tj ET Q q 0 0 0 rg BT 160.99 441.75 Td (accounting ) Tj ET Q q 0 0 0 rg BT 212.13 441.75 Td (for ) Tj ET Q q 0 0 0 rg BT 226.58 441.75 Td (the ) Tj ET Q q 0 0 0 rg BT 243.26 441.75 Td (tax ) Tj ET Q q 0 0 0 rg BT 259.38 441.75 Td (ef) Tj ET Q q 0 0 0 rg BT 267.54 441.75 Td (fects ) Tj ET Q q 0 0 0 rg BT 291.44 441.75 Td (of ) Tj ET Q q 0 0 0 rg BT 302.55 441.75 Td (the ) Tj ET Q q 0 0 0 rg BT 319.05 441.75 Td (T) Tj ET Q q 0 0 0 rg BT 324.05 441.75 Td (ax ) Tj ET Q q 0 0 0 rg BT 336.84 441.75 Td (Act ) Tj ET Q q 0 0 0 rg BT 354.07 441.75 Td (will ) Tj ET Q q 0 0 0 rg BT 370.73 441.75 Td (be ) Tj ET Q q 0 0 0 rg BT 384.63 441.75 Td (completed ) Tj ET Q q 0 0 0 rg BT 433.55 441.75 Td (later ) Tj ET Q q 0 0 0 rg BT 455.78 441.75 Td (in ) Tj ET Q q 0 0 0 rg BT 466.34 441.75 Td (2018.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 423.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 92.62 423.75 Td (ef) Tj ET Q q 0 0 0 rg BT 100.78 423.75 Td (fective ) Tj ET Q q 0 0 0 rg BT 133.13 423.75 Td (tax ) Tj ET Q q 0 0 0 rg BT 149.92 423.75 Td (rate ) Tj ET Q q 0 0 0 rg BT 170.60 423.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 182.39 423.75 Td (10.8%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 210.74 423.75 Td ( ) Tj ET Q q 0 0 0 rg BT 214.19 423.75 Td (is ) Tj ET Q q 0 0 0 rg BT 224.87 423.75 Td (lower ) Tj ET Q q 0 0 0 rg BT 252.21 423.75 Td (than ) Tj ET Q q 0 0 0 rg BT 275.12 423.75 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.48 423.75 Td (21%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.49 423.75 Td ( ) Tj ET Q q 0 0 0 rg BT 315.94 423.75 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 338.84 423.75 Td (statutory ) Tj ET Q q 0 0 0 rg BT 380.64 423.75 Td (rate ) Tj ET Q q 0 0 0 rg BT 401.32 423.75 Td (due ) Tj ET Q q 0 0 0 rg BT 421.45 423.75 Td (to ) Tj ET Q q 0 0 0 rg BT 433.24 423.75 Td (the ) Tj ET Q q 0 0 0 rg BT 450.59 423.75 Td (following: ) Tj ET Q q 0 0 0 rg BT 495.73 423.75 Td (foreign ) Tj ET Q q 0 0 0 rg BT 529.76 423.75 Td (income ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 411.75 Td (taxed ) Tj ET Q q 0 0 0 rg BT 76.90 411.75 Td (at ) Tj ET Q q 0 0 0 rg BT 87.69 411.75 Td (lower ) Tj ET Q q 0 0 0 rg BT 114.02 411.75 Td (rates ) Tj ET Q q 0 0 0 rg BT 138.70 411.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 149.48 411.75 Td (6.2%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 172.27 411.75 Td (, ) Tj ET Q q 0 0 0 rg BT 177.49 411.75 Td (income ) Tj ET Q q 0 0 0 rg BT 212.17 411.75 Td (tax ) Tj ET Q q 0 0 0 rg BT 227.95 411.75 Td (ef) Tj ET Q q 0 0 0 rg BT 236.11 411.75 Td (fects ) Tj ET Q q 0 0 0 rg BT 259.67 411.75 Td (from ) Tj ET Q q 0 0 0 rg BT 282.11 411.75 Td (a ) Tj ET Q q 0 0 0 rg BT 290.12 411.75 Td (release ) Tj ET Q q 0 0 0 rg BT 325.36 411.75 Td (of ) Tj ET Q q 0 0 0 rg BT 336.14 411.75 Td (our ) Tj ET Q q 0 0 0 rg BT 353.03 411.75 Td (deferred ) Tj ET Q q 0 0 0 rg BT 392.72 411.75 Td (tax ) Tj ET Q q 0 0 0 rg BT 408.50 411.75 Td (asset ) Tj ET Q q 0 0 0 rg BT 434.85 411.75 Td (valuation ) Tj ET Q q 0 0 0 rg BT 477.32 411.75 Td (allowance ) Tj ET Q q 0 0 0 rg BT 524.23 411.75 Td (primarily ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 399.75 Td (related ) Tj ET Q q 0 0 0 rg BT 82.23 399.75 Td (to ) Tj ET Q q 0 0 0 rg BT 92.21 399.75 Td (capital ) Tj ET Q q 0 0 0 rg BT 122.77 399.75 Td (investments ) Tj ET Q q 0 0 0 rg BT 177.77 399.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 187.76 399.75 Td (4.1%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 210.56 399.75 Td (, ) Tj ET Q q 0 0 0 rg BT 214.98 399.75 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 236.08 399.75 Td (general ) Tj ET Q q 0 0 0 rg BT 271.09 399.75 Td (business ) Tj ET Q q 0 0 0 rg BT 312.21 399.75 Td (credit ) Tj ET Q q 0 0 0 rg BT 338.31 399.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.30 399.75 Td (2.3%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.09 399.75 Td (, ) Tj ET Q q 0 0 0 rg BT 375.52 399.75 Td (and ) Tj ET Q q 0 0 0 rg BT 393.85 399.75 Td (other ) Tj ET Q q 0 0 0 rg BT 418.30 399.75 Td (items ) Tj ET Q q 0 0 0 rg BT 443.84 399.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.83 399.75 Td (0.2%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.62 399.75 Td (, ) Tj ET Q q 0 0 0 rg BT 481.05 399.75 Td (of) Tj ET Q q 0 0 0 rg BT 489.21 399.75 Td (fset ) Tj ET Q q 0 0 0 rg BT 506.97 399.75 Td (by ) Tj ET Q q 0 0 0 rg BT 519.19 399.75 Td (additional ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 387.75 Td (unrecognized ) Tj ET Q q 0 0 0 rg BT 112.82 387.75 Td (tax ) Tj ET Q q 0 0 0 rg BT 128.94 387.75 Td (benefits ) Tj ET Q q 0 0 0 rg BT 166.74 387.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 177.86 387.75 Td (2.6%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 200.65 387.75 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 369.75 Td (In ) Tj ET Q q 0 0 0 rg BT 82.93 369.75 Td (addition, ) Tj ET Q q 0 0 0 rg BT 122.84 369.75 Td (we ) Tj ET Q q 0 0 0 rg BT 137.71 369.75 Td (are ) Tj ET Q q 0 0 0 rg BT 154.26 369.75 Td (subject ) Tj ET Q q 0 0 0 rg BT 188.04 369.75 Td (to ) Tj ET Q q 0 0 0 rg BT 198.48 369.75 Td (the ) Tj ET Q q 0 0 0 rg BT 214.47 369.75 Td (continuous ) Tj ET Q q 0 0 0 rg BT 264.94 369.75 Td (examination ) Tj ET Q q 0 0 0 rg BT 320.95 369.75 Td (of ) Tj ET Q q 0 0 0 rg BT 331.39 369.75 Td (our ) Tj ET Q q 0 0 0 rg BT 347.93 369.75 Td (income ) Tj ET Q q 0 0 0 rg BT 382.27 369.75 Td (tax ) Tj ET Q q 0 0 0 rg BT 397.70 369.75 Td (returns ) Tj ET Q q 0 0 0 rg BT 430.92 369.75 Td (by ) Tj ET Q q 0 0 0 rg BT 443.57 369.75 Td (the ) Tj ET Q q 0 0 0 rg BT 459.57 369.75 Td (IRS ) Tj ET Q q 0 0 0 rg BT 478.33 369.75 Td (and ) Tj ET Q q 0 0 0 rg BT 497.11 369.75 Td (other ) Tj ET Q q 0 0 0 rg BT 522.00 369.75 Td (domestic ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 357.75 Td (and ) Tj ET Q q 0 0 0 rg BT 68.96 357.75 Td (foreign ) Tj ET Q q 0 0 0 rg BT 101.81 357.75 Td (tax ) Tj ET Q q 0 0 0 rg BT 117.43 357.75 Td (authorities. ) Tj ET Q q 0 0 0 rg BT 168.62 357.75 Td (W) Tj ET Q q 0 0 0 rg BT 177.88 357.75 Td (e ) Tj ET Q q 0 0 0 rg BT 185.72 357.75 Td (regularly ) Tj ET Q q 0 0 0 rg BT 226.34 357.75 Td (assess ) Tj ET Q q 0 0 0 rg BT 259.74 357.75 Td (the ) Tj ET Q q 0 0 0 rg BT 275.92 357.75 Td (likelihood ) Tj ET Q q 0 0 0 rg BT 319.89 357.75 Td (of ) Tj ET Q q 0 0 0 rg BT 330.51 357.75 Td (adverse ) Tj ET Q q 0 0 0 rg BT 368.36 357.75 Td (outcomes ) Tj ET Q q 0 0 0 rg BT 413.99 357.75 Td (resulting ) Tj ET Q q 0 0 0 rg BT 454.07 357.75 Td (from ) Tj ET Q q 0 0 0 rg BT 476.34 357.75 Td (these ) Tj ET Q q 0 0 0 rg BT 503.08 357.75 Td (examinations ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 345.75 Td (to ) Tj ET Q q 0 0 0 rg BT 59.77 345.75 Td (determine ) Tj ET Q q 0 0 0 rg BT 105.67 345.75 Td (the ) Tj ET Q q 0 0 0 rg BT 121.01 345.75 Td (adequacy ) Tj ET Q q 0 0 0 rg BT 165.81 345.75 Td (of ) Tj ET Q q 0 0 0 rg BT 175.58 345.75 Td (our ) Tj ET Q q 0 0 0 rg BT 191.47 345.75 Td (provision ) Tj ET Q q 0 0 0 rg BT 232.92 345.75 Td (for ) Tj ET Q q 0 0 0 rg BT 246.02 345.75 Td (income ) Tj ET Q q 0 0 0 rg BT 279.69 345.75 Td (taxes. ) Tj ET Q q 0 0 0 rg BT 307.80 345.75 Td (W) Tj ET Q q 0 0 0 rg BT 317.06 345.75 Td (e ) Tj ET Q q 0 0 0 rg BT 324.05 345.75 Td (continue ) Tj ET Q q 0 0 0 rg BT 363.29 345.75 Td (to ) Tj ET Q q 0 0 0 rg BT 373.07 345.75 Td (monitor ) Tj ET Q q 0 0 0 rg BT 407.84 345.75 Td (the ) Tj ET Q q 0 0 0 rg BT 423.18 345.75 Td (progress ) Tj ET Q q 0 0 0 rg BT 463.52 345.75 Td (of ) Tj ET Q q 0 0 0 rg BT 473.29 345.75 Td (ongoing ) Tj ET Q q 0 0 0 rg BT 510.31 345.75 Td (discussions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 333.75 Td (with ) Tj ET Q q 0 0 0 rg BT 71.78 333.75 Td (tax ) Tj ET Q q 0 0 0 rg BT 89.12 333.75 Td (authorities ) Tj ET Q q 0 0 0 rg BT 139.26 333.75 Td (and ) Tj ET Q q 0 0 0 rg BT 159.94 333.75 Td (the ) Tj ET Q q 0 0 0 rg BT 177.84 333.75 Td (ef) Tj ET Q q 0 0 0 rg BT 186.00 333.75 Td (fect, ) Tj ET Q q 0 0 0 rg BT 208.90 333.75 Td (if ) Tj ET Q q 0 0 0 rg BT 217.90 333.75 Td (any) Tj ET Q q 0 0 0 rg BT 233.28 333.75 Td (, ) Tj ET Q q 0 0 0 rg BT 240.05 333.75 Td (of ) Tj ET Q q 0 0 0 rg BT 252.39 333.75 Td (the ) Tj ET Q q 0 0 0 rg BT 270.29 333.75 Td (expected ) Tj ET Q q 0 0 0 rg BT 314.88 333.75 Td (expiration ) Tj ET Q q 0 0 0 rg BT 362.24 333.75 Td (of ) Tj ET Q q 0 0 0 rg BT 374.58 333.75 Td (the ) Tj ET Q q 0 0 0 rg BT 392.48 333.75 Td (statute ) Tj ET Q q 0 0 0 rg BT 426.49 333.75 Td (of ) Tj ET Q q 0 0 0 rg BT 438.83 333.75 Td (limitations ) Tj ET Q q 0 0 0 rg BT 487.29 333.75 Td (in ) Tj ET Q q 0 0 0 rg BT 499.07 333.75 Td (various ) Tj ET Q q 0 0 0 rg BT 535.31 333.75 Td (taxing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 321.75 Td (jurisdictions. ) Tj ET Q q 0 0 0 rg BT 108.70 321.75 Td (W) Tj ET Q q 0 0 0 rg BT 117.95 321.75 Td (e ) Tj ET Q q 0 0 0 rg BT 127.19 321.75 Td (believe ) Tj ET Q q 0 0 0 rg BT 162.56 321.75 Td (that ) Tj ET Q q 0 0 0 rg BT 182.91 321.75 Td (an ) Tj ET Q q 0 0 0 rg BT 197.71 321.75 Td (adequate ) Tj ET Q q 0 0 0 rg BT 243.10 321.75 Td (provision ) Tj ET Q q 0 0 0 rg BT 286.79 321.75 Td (has ) Tj ET Q q 0 0 0 rg BT 306.59 321.75 Td (been ) Tj ET Q q 0 0 0 rg BT 332.52 321.75 Td (made ) Tj ET Q q 0 0 0 rg BT 361.21 321.75 Td (for ) Tj ET Q q 0 0 0 rg BT 376.55 321.75 Td (any ) Tj ET Q q 0 0 0 rg BT 396.35 321.75 Td (adjustments ) Tj ET Q q 0 0 0 rg BT 453.94 321.75 Td (that ) Tj ET Q q 0 0 0 rg BT 474.30 321.75 Td (may ) Tj ET Q q 0 0 0 rg BT 496.87 321.75 Td (result ) Tj ET Q q 0 0 0 rg BT 525.00 321.75 Td (from ) Tj ET Q q 0 0 0 rg BT 548.67 321.75 Td (tax ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 309.75 Td (examinations. ) Tj ET Q q 0 0 0 rg BT 114.59 309.75 Td (However) Tj ET Q q 0 0 0 rg BT 153.50 309.75 Td (, ) Tj ET Q q 0 0 0 rg BT 159.17 309.75 Td (the ) Tj ET Q q 0 0 0 rg BT 175.96 309.75 Td (outcome ) Tj ET Q q 0 0 0 rg BT 217.20 309.75 Td (of ) Tj ET Q q 0 0 0 rg BT 228.44 309.75 Td (tax ) Tj ET Q q 0 0 0 rg BT 244.67 309.75 Td (audits ) Tj ET Q q 0 0 0 rg BT 274.24 309.75 Td (cannot ) Tj ET Q q 0 0 0 rg BT 307.16 309.75 Td (be ) Tj ET Q q 0 0 0 rg BT 321.17 309.75 Td (predicted ) Tj ET Q q 0 0 0 rg BT 365.20 309.75 Td (with ) Tj ET Q q 0 0 0 rg BT 385.87 309.75 Td (certainty) Tj ET Q q 0 0 0 rg BT 422.93 309.75 Td (. ) Tj ET Q q 0 0 0 rg BT 428.59 309.75 Td (If ) Tj ET Q q 0 0 0 rg BT 437.04 309.75 Td (any ) Tj ET Q q 0 0 0 rg BT 456.06 309.75 Td (issues ) Tj ET Q q 0 0 0 rg BT 487.29 309.75 Td (addressed ) Tj ET Q q 0 0 0 rg BT 536.88 309.75 Td (in ) Tj ET Q q 0 0 0 rg BT 547.56 309.75 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 297.75 Td (tax ) Tj ET Q q 0 0 0 rg BT 66.40 297.75 Td (audits ) Tj ET Q q 0 0 0 rg BT 96.15 297.75 Td (are ) Tj ET Q q 0 0 0 rg BT 113.66 297.75 Td (resolved ) Tj ET Q q 0 0 0 rg BT 154.52 297.75 Td (in ) Tj ET Q q 0 0 0 rg BT 165.37 297.75 Td (a ) Tj ET Q q 0 0 0 rg BT 173.99 297.75 Td (manner ) Tj ET Q q 0 0 0 rg BT 210.96 297.75 Td (not ) Tj ET Q q 0 0 0 rg BT 227.92 297.75 Td (consistent ) Tj ET Q q 0 0 0 rg BT 276.01 297.75 Td (with ) Tj ET Q q 0 0 0 rg BT 296.86 297.75 Td (management's ) Tj ET Q q 0 0 0 rg BT 365.20 297.75 Td (expectations, ) Tj ET Q q 0 0 0 rg BT 427.18 297.75 Td (we ) Tj ET Q q 0 0 0 rg BT 443.03 297.75 Td (could ) Tj ET Q q 0 0 0 rg BT 470.00 297.75 Td (be ) Tj ET Q q 0 0 0 rg BT 484.18 297.75 Td (required ) Tj ET Q q 0 0 0 rg BT 523.93 297.75 Td (to ) Tj ET Q q 0 0 0 rg BT 535.34 297.75 Td (adjust ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 285.75 Td (the ) Tj ET Q q 0 0 0 rg BT 66.68 285.75 Td (provision ) Tj ET Q q 0 0 0 rg BT 109.48 285.75 Td (for ) Tj ET Q q 0 0 0 rg BT 123.93 285.75 Td (income ) Tj ET Q q 0 0 0 rg BT 158.94 285.75 Td (taxes ) Tj ET Q q 0 0 0 rg BT 185.62 285.75 Td (in ) Tj ET Q q 0 0 0 rg BT 196.18 285.75 Td (the ) Tj ET Q q 0 0 0 rg BT 212.86 285.75 Td (period ) Tj ET Q q 0 0 0 rg BT 243.44 285.75 Td (such ) Tj ET Q q 0 0 0 rg BT 267.34 285.75 Td (resolution ) Tj ET Q q 0 0 0 rg BT 313.48 285.75 Td (occurs.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 267.75 Td (W) Tj ET Q q 0 0 0 rg BT 81.76 267.75 Td (e ) Tj ET Q q 0 0 0 rg BT 91.30 267.75 Td (have ) Tj ET Q q 0 0 0 rg BT 116.96 267.75 Td (received ) Tj ET Q q 0 0 0 rg BT 158.73 267.75 Td (tax ) Tj ET Q q 0 0 0 rg BT 176.05 267.75 Td (assessments ) Tj ET Q q 0 0 0 rg BT 238.38 267.75 Td (in ) Tj ET Q q 0 0 0 rg BT 250.14 267.75 Td (multiple ) Tj ET Q q 0 0 0 rg BT 288.58 267.75 Td (foreign ) Tj ET Q q 0 0 0 rg BT 323.13 267.75 Td (jurisdictions ) Tj ET Q q 0 0 0 rg BT 379.35 267.75 Td (asserting ) Tj ET Q q 0 0 0 rg BT 423.91 267.75 Td (transfer ) Tj ET Q q 0 0 0 rg BT 461.79 267.75 Td (pricing ) Tj ET Q q 0 0 0 rg BT 495.22 267.75 Td (adjustments ) Tj ET Q q 0 0 0 rg BT 553.11 267.75 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 255.75 Td (permanent ) Tj ET Q q 0 0 0 rg BT 100.83 255.75 Td (establishment. ) Tj ET Q q 0 0 0 rg BT 168.33 255.75 Td (W) Tj ET Q q 0 0 0 rg BT 177.58 255.75 Td (e ) Tj ET Q q 0 0 0 rg BT 186.17 255.75 Td (continue ) Tj ET Q q 0 0 0 rg BT 227.00 255.75 Td (to ) Tj ET Q q 0 0 0 rg BT 238.36 255.75 Td (defend ) Tj ET Q q 0 0 0 rg BT 271.96 255.75 Td (against ) Tj ET Q q 0 0 0 rg BT 307.23 255.75 Td (any ) Tj ET Q q 0 0 0 rg BT 326.38 255.75 Td (and ) Tj ET Q q 0 0 0 rg BT 346.08 255.75 Td (all ) Tj ET Q q 0 0 0 rg BT 359.11 255.75 Td (such ) Tj ET Q q 0 0 0 rg BT 383.25 255.75 Td (claims ) Tj ET Q q 0 0 0 rg BT 414.61 255.75 Td (as ) Tj ET Q q 0 0 0 rg BT 428.19 255.75 Td (presented. ) Tj ET Q q 0 0 0 rg BT 478.47 255.75 Td (While ) Tj ET Q q 0 0 0 rg BT 506.49 255.75 Td (we ) Tj ET Q q 0 0 0 rg BT 522.30 255.75 Td (believe ) Tj ET Q q 0 0 0 rg BT 557.01 255.75 Td (it ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 243.75 Td (is ) Tj ET Q q 0 0 0 rg BT 59.16 243.75 Td (more ) Tj ET Q q 0 0 0 rg BT 83.87 243.75 Td (likely ) Tj ET Q q 0 0 0 rg BT 108.04 243.75 Td (than ) Tj ET Q q 0 0 0 rg BT 129.43 243.75 Td (not ) Tj ET Q q 0 0 0 rg BT 145.27 243.75 Td (that ) Tj ET Q q 0 0 0 rg BT 163.88 243.75 Td (our ) Tj ET Q q 0 0 0 rg BT 180.27 243.75 Td (tax ) Tj ET Q q 0 0 0 rg BT 195.54 243.75 Td (position ) Tj ET Q q 0 0 0 rg BT 231.95 243.75 Td (will ) Tj ET Q q 0 0 0 rg BT 247.77 243.75 Td (be ) Tj ET Q q 0 0 0 rg BT 260.83 243.75 Td (sustained, ) Tj ET Q q 0 0 0 rg BT 308.35 243.75 Td (it ) Tj ET Q q 0 0 0 rg BT 315.28 243.75 Td (is ) Tj ET Q q 0 0 0 rg BT 324.44 243.75 Td (reasonably ) Tj ET Q q 0 0 0 rg BT 375.29 243.75 Td (possible ) Tj ET Q q 0 0 0 rg BT 413.92 243.75 Td (that ) Tj ET Q q 0 0 0 rg BT 432.53 243.75 Td (we ) Tj ET Q q 0 0 0 rg BT 447.25 243.75 Td (will ) Tj ET Q q 0 0 0 rg BT 463.07 243.75 Td (have ) Tj ET Q q 0 0 0 rg BT 486.69 243.75 Td (future ) Tj ET Q q 0 0 0 rg BT 514.20 243.75 Td (obligations ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 231.75 Td (related ) Tj ET Q q 0 0 0 rg BT 83.35 231.75 Td (to ) Tj ET Q q 0 0 0 rg BT 94.47 231.75 Td (these ) Tj ET Q q 0 0 0 rg BT 121.71 231.75 Td (matters.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 213.75 Td (For ) Tj ET Q q 0 0 0 rg BT 90.28 213.75 Td (information ) Tj ET Q q 0 0 0 rg BT 142.52 213.75 Td (regarding ) Tj ET Q q 0 0 0 rg BT 187.55 213.75 Td (non-income ) Tj ET Q q 0 0 0 rg BT 242.58 213.75 Td (taxes, ) Tj ET Q q 0 0 0 rg BT 272.04 213.75 Td (see ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.94 213.75 Td (Note ) Tj ET Q q 0 0 0 rg BT 314.84 213.75 Td (9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 320.41 213.75 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 195.75 Td (Note ) Tj ET Q q 0 0 0 rg BT 75.00 195.75 Td (14. ) Tj ET Q q 0 0 0 rg BT 91.68 195.75 Td ( ) Tj ET Q q 0 0 0 rg BT 94.46 195.75 Td ( ) Tj ET Q q 0 0 0 rg BT 97.24 195.75 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 100.01 195.75 Td (Information ) Tj ET Q q 0 0 0 rg BT 157.79 195.75 Td (about ) Tj ET Q q 0 0 0 rg BT 187.78 195.75 Td (Segments ) Tj ET Q q 0 0 0 rg BT 238.35 195.75 Td (and ) Tj ET Q q 0 0 0 rg BT 258.91 195.75 Td (Geographic ) Tj ET Q q 0 0 0 rg BT 316.88 195.75 Td (Areas) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 344.68 195.75 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 177.75 Td (W) Tj ET Q q 0 0 0 rg BT 81.76 177.75 Td (e ) Tj ET Q q 0 0 0 rg BT 90.55 177.75 Td (operate ) Tj ET Q q 0 0 0 rg BT 127.69 177.75 Td (our ) Tj ET Q q 0 0 0 rg BT 145.37 177.75 Td (business ) Tj ET Q q 0 0 0 rg BT 188.07 177.75 Td (in ) Tj ET Q q 0 0 0 rg BT 199.08 177.75 Td (multiple ) Tj ET Q q 0 0 0 rg BT 236.77 177.75 Td (operating ) Tj ET Q q 0 0 0 rg BT 281.70 177.75 Td (segments. ) Tj ET Q q 0 0 0 rg BT 331.06 177.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 366.53 177.75 Td (is ) Tj ET Q q 0 0 0 rg BT 376.98 177.75 Td (our ) Tj ET Q q 0 0 0 rg BT 394.66 177.75 Td (only ) Tj ET Q q 0 0 0 rg BT 416.24 177.75 Td (reportable ) Tj ET Q q 0 0 0 rg BT 464.50 177.75 Td (segment. ) Tj ET Q q 0 0 0 rg BT 508.86 177.75 Td (None ) Tj ET Q q 0 0 0 rg BT 535.99 177.75 Td (of ) Tj ET Q q 0 0 0 rg BT 547.56 177.75 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 165.75 Td (other ) Tj ET Q q 0 0 0 rg BT 76.53 165.75 Td (segments ) Tj ET Q q 0 0 0 rg BT 123.61 165.75 Td (meet ) Tj ET Q q 0 0 0 rg BT 149.58 165.75 Td (the ) Tj ET Q q 0 0 0 rg BT 167.21 165.75 Td (quantitative ) Tj ET Q q 0 0 0 rg BT 222.09 165.75 Td (thresholds ) Tj ET Q q 0 0 0 rg BT 271.97 165.75 Td (to ) Tj ET Q q 0 0 0 rg BT 284.04 165.75 Td (qualify ) Tj ET Q q 0 0 0 rg BT 316.68 165.75 Td (as ) Tj ET Q q 0 0 0 rg BT 330.97 165.75 Td (reportable ) Tj ET Q q 0 0 0 rg BT 379.74 165.75 Td (segments; ) Tj ET Q q 0 0 0 rg BT 429.60 165.75 Td (therefore, ) Tj ET Q q 0 0 0 rg BT 476.14 165.75 Td (the ) Tj ET Q q 0 0 0 rg BT 493.77 165.75 Td (other ) Tj ET Q q 0 0 0 rg BT 520.30 165.75 Td (operating ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 153.75 Td (segments ) Tj ET Q q 0 0 0 rg BT 96.13 153.75 Td (are ) Tj ET Q q 0 0 0 rg BT 113.36 153.75 Td (combined ) Tj ET Q q 0 0 0 rg BT 159.50 153.75 Td (and ) Tj ET Q q 0 0 0 rg BT 178.96 153.75 Td (disclosed ) Tj ET Q q 0 0 0 rg BT 223.43 153.75 Td (as ) Tj ET Q q 0 0 0 rg BT 236.77 153.75 Td (Other ) Tj ET Q q 0 0 0 rg BT 264.56 153.75 Td (Bets.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 135.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 91.95 135.75 Td (reported ) Tj ET Q q 0 0 0 rg BT 131.97 135.75 Td (segments ) Tj ET Q q 0 0 0 rg BT 178.11 135.75 Td (are:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 117.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 117.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 122.26 117.75 Td (?) Tj ET Q q 0 0 0 rg BT 131.84 117.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 168.11 117.75 Td (includes ) Tj ET Q q 0 0 0 rg BT 208.82 117.75 Td (our ) Tj ET Q q 0 0 0 rg BT 227.29 117.75 Td (main ) Tj ET Q q 0 0 0 rg BT 252.98 117.75 Td (products ) Tj ET Q q 0 0 0 rg BT 295.35 117.75 Td (such ) Tj ET Q q 0 0 0 rg BT 320.49 117.75 Td (as ) Tj ET Q q 0 0 0 rg BT 334.27 117.75 Td (Ads, ) Tj ET Q q 0 0 0 rg BT 357.50 117.75 Td (Android, ) Tj ET Q q 0 0 0 rg BT 398.77 117.75 Td (Chrome, ) Tj ET Q q 0 0 0 rg BT 441.13 117.75 Td (Commerce, ) Tj ET Q q 0 0 0 rg BT 496.82 117.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 533.09 117.75 Td (Cloud, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 105.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 121.79 105.75 Td (Maps, ) Tj ET Q q 0 0 0 rg BT 152.56 105.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 188.35 105.75 Td (Play) Tj ET Q q 0 0 0 rg BT 207.06 105.75 Td (, ) Tj ET Q q 0 0 0 rg BT 213.38 105.75 Td (Hardware ) Tj ET Q q 0 0 0 rg BT 260.27 105.75 Td (\(including ) Tj ET Q q 0 0 0 rg BT 306.61 105.75 Td (Nest\), ) Tj ET Q q 0 0 0 rg BT 336.82 105.75 Td (Search, ) Tj ET Q q 0 0 0 rg BT 374.82 105.75 Td (and ) Tj ET Q q 0 0 0 rg BT 394.82 105.75 Td (Y) Tj ET Q q 0 0 0 rg BT 400.57 105.75 Td (ouT) Tj ET Q q 0 0 0 rg BT 417.43 105.75 Td (ube. ) Tj ET Q q 0 0 0 rg BT 440.43 105.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 460.64 105.75 Td (technical ) Tj ET Q q 0 0 0 rg BT 503.65 105.75 Td (infrastructure ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 93.75 Td (and ) Tj ET Q q 0 0 0 rg BT 105.56 93.75 Td (some ) Tj ET Q q 0 0 0 rg BT 132.90 93.75 Td (newer ) Tj ET Q q 0 0 0 rg BT 163.01 93.75 Td (ef) Tj ET Q q 0 0 0 rg BT 171.17 93.75 Td (forts ) Tj ET Q q 0 0 0 rg BT 193.50 93.75 Td (like ) Tj ET Q q 0 0 0 rg BT 211.38 93.75 Td (virtual ) Tj ET Q q 0 0 0 rg BT 240.93 93.75 Td (reality ) Tj ET Q q 0 0 0 rg BT 270.49 93.75 Td (are ) Tj ET Q q 0 0 0 rg BT 287.82 93.75 Td (also ) Tj ET Q q 0 0 0 rg BT 309.04 93.75 Td (included ) Tj ET Q q 0 0 0 rg BT 349.17 93.75 Td (in ) Tj ET Q q 0 0 0 rg BT 359.84 93.75 Td (Google. ) Tj ET Q q 0 0 0 rg BT 397.74 93.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 432.86 93.75 Td (generates ) Tj ET Q q 0 0 0 rg BT 480.22 93.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 524.24 93.75 Td (primarily ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 81.75 Td (from ) Tj ET Q q 0 0 0 rg BT 108.75 81.75 Td (advertising; ) Tj ET Q q 0 0 0 rg BT 162.64 81.75 Td (sales ) Tj ET Q q 0 0 0 rg BT 188.74 81.75 Td (of ) Tj ET Q q 0 0 0 rg BT 199.83 81.75 Td (apps, ) Tj ET Q q 0 0 0 rg BT 227.04 81.75 Td (in-app ) Tj ET Q q 0 0 0 rg BT 257.59 81.75 Td (purchases, ) Tj ET Q q 0 0 0 rg BT 309.26 81.75 Td (digital ) Tj ET Q q 0 0 0 rg BT 338.13 81.75 Td (content ) Tj ET Q q 0 0 0 rg BT 373.69 81.75 Td (products, ) Tj ET Q q 0 0 0 rg BT 417.57 81.75 Td (and ) Tj ET Q q 0 0 0 rg BT 437.01 81.75 Td (hardware; ) Tj ET Q q 0 0 0 rg BT 484.23 81.75 Td (and ) Tj ET Q q 0 0 0 rg BT 503.66 81.75 Td (licensing ) Tj ET Q q 0 0 0 rg BT 545.32 81.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 69.75 Td (service ) Tj ET Q q 0 0 0 rg BT 120.45 69.75 Td (fees, ) Tj ET Q q 0 0 0 rg BT 144.91 69.75 Td (including ) Tj ET Q q 0 0 0 rg BT 187.16 69.75 Td (fees ) Tj ET Q q 0 0 0 rg BT 208.84 69.75 Td (received ) Tj ET Q q 0 0 0 rg BT 249.42 69.75 Td (for ) Tj ET Q q 0 0 0 rg BT 263.87 69.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 298.89 69.75 Td (Cloud ) Tj ET Q q 0 0 0 rg BT 327.80 69.75 Td (of) Tj ET Q q 0 0 0 rg BT 335.96 69.75 Td (ferings.) 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Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 591.75 Td (Information ) Tj ET Q q 0 0 0 rg BT 125.30 591.75 Td (about ) Tj ET Q q 0 0 0 rg BT 153.11 591.75 Td (segments ) Tj ET Q q 0 0 0 rg BT 199.24 591.75 Td (during ) Tj ET Q q 0 0 0 rg BT 229.81 591.75 Td (the ) Tj ET Q q 0 0 0 rg BT 246.49 591.75 Td (periods ) Tj ET Q q 0 0 0 rg BT 282.07 591.75 Td (presented ) Tj ET Q q 0 0 0 rg BT 329.33 591.75 Td (were ) Tj ET Q q 0 0 0 rg BT 353.78 591.75 Td (as ) Tj ET Q q 0 0 0 rg BT 367.12 591.75 Td (follows ) Tj ET Q q 0 0 0 rg BT 400.46 591.75 Td (\(in ) Tj ET Q q 0 0 0 rg BT 414.36 591.75 Td (millions, ) Tj ET Q q 0 0 0 rg BT 453.25 591.75 Td (unaudited\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 536.25 388.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 536.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 536.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 536.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 506.25 388.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 506.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 506.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 506.25 60.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 549.25 m 497.5 549.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 549.25 m 501.5 549.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 549.25 m 561.5 549.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 549.25 m 497.5 549.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 536.25 m 497.5 536.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 549.25 m 501.5 549.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 549.25 m 561.5 549.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 536.25 m 561.5 536.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 491.25 m 497.5 491.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 477.25 m 497.5 477.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 475.25 m 497.5 475.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 491.25 m 561.5 491.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 477.25 m 561.5 477.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 475.25 m 561.5 475.25 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.00 566.48 Td (? Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 459.40 566.48 Td (Three Months Ended) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 480.50 553.48 Td (March 31,) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.00 540.48 Td (? Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 458.10 540.48 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 522.10 540.48 Td (2018) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 52.00 526.47 Td (Revenues:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 511.47 Td (Google) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.00 510.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.05 510.87 Td (24,618) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.00 510.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.05 510.87 Td (30,996) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 496.47 Td (Other Bets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.95 495.87 Td (132) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.95 495.87 Td (150) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 481.47 Td (T) Tj ET Q q 0 0 0 rg BT 75.00 481.47 Td (otal revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.00 480.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.05 480.87 Td (24,750) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.00 480.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.05 480.87 Td (31,146) Tj ET Q BT /F1 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 421.25 388.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 421.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 421.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 421.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 391.25 388.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 391.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 391.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 391.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 361.25 388.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 361.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 361.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 361.25 60.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 434.25 m 497.5 434.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 434.25 m 501.5 434.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 434.25 m 561.5 434.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 434.25 m 497.5 434.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 421.25 m 497.5 421.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 434.25 m 501.5 434.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 434.25 m 561.5 434.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 421.25 m 561.5 421.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 361.25 m 497.5 361.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 361.25 m 561.5 361.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 361.25 m 497.5 361.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 347.25 m 497.5 347.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 345.25 m 497.5 345.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 361.25 m 561.5 361.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 347.25 m 561.5 347.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 345.25 m 561.5 345.25 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.00 451.48 Td (? Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 459.40 451.48 Td (Three Months Ended) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 480.50 438.48 Td (March 31,) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.00 425.48 Td (? Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 458.10 425.48 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 522.10 425.48 Td (2018) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 52.00 411.47 Td (Operating income \(loss\):) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 396.47 Td (Google) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.00 395.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.60 395.87 Td (7,446) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.00 395.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.60 395.87 Td (8,368) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 381.47 Td (Other Bets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.60 380.87 Td (\(703) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.65 380.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.60 380.87 Td (\(571) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 380.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 366.47 Td (Reconciling items) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 130.36 371.24 Td (\(1\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.60 365.87 Td (\(175) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.65 365.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.60 365.87 Td (\(796) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 365.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 351.47 Td (T) Tj ET Q q 0 0 0 rg BT 75.00 351.47 Td (otal income from operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.00 350.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.60 350.87 Td (6,568) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.00 350.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.60 350.87 Td (7,001) Tj ET Q BT /F1 10.00 Tf ET BT /F1 9.00 Tf ET BT /F1 5.85 Tf ET q 0 0 0 rg BT 50.00 340.24 Td (\(1\) ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 72.50 335.95 Td (Reconciling ) Tj ET Q q 0 0 0 rg BT 121.20 335.95 Td (items ) Tj ET Q q 0 0 0 rg BT 144.87 335.95 Td (are ) Tj ET Q q 0 0 0 rg BT 160.05 335.95 Td (primarily ) Tj ET Q q 0 0 0 rg BT 196.22 335.95 Td (related ) Tj ET Q q 0 0 0 rg BT 225.91 335.95 Td (to ) Tj ET Q q 0 0 0 rg BT 235.59 335.95 Td (performance ) Tj ET Q q 0 0 0 rg BT 288.29 335.95 Td (fees ) Tj ET Q q 0 0 0 rg BT 307.47 335.95 Td (for ) Tj ET Q q 0 0 0 rg BT 320.15 335.95 Td (the ) Tj ET Q q 0 0 0 rg BT 334.83 335.95 Td (three ) Tj ET Q q 0 0 0 rg BT 357.51 335.95 Td (months ) Tj ET Q q 0 0 0 rg BT 389.20 335.95 Td (ended ) Tj ET Q q 0 0 0 rg BT 416.40 335.95 Td (March ) Tj ET Q q 0 0 0 rg BT 443.57 335.95 Td (31, ) Tj ET Q q 0 0 0 rg BT 458.26 335.95 Td (2018, ) Tj ET Q q 0 0 0 rg BT 482.95 335.95 Td (as ) Tj ET Q q 0 0 0 rg BT 494.63 335.95 Td (well ) Tj ET Q q 0 0 0 rg BT 512.30 335.95 Td (as ) Tj ET Q q 0 0 0 rg BT 523.98 335.95 Td (corporate ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 72.50 325.15 Td (administrative ) Tj ET Q q 0 0 0 rg BT 130.52 325.15 Td (costs ) Tj ET Q q 0 0 0 rg BT 154.03 325.15 Td (and ) Tj ET Q q 0 0 0 rg BT 171.54 325.15 Td (other ) Tj ET Q q 0 0 0 rg BT 194.56 325.15 Td (miscellaneous ) Tj ET Q q 0 0 0 rg BT 254.09 325.15 Td (items ) Tj ET Q q 0 0 0 rg BT 278.09 325.15 Td (that ) Tj ET Q q 0 0 0 rg BT 295.60 325.15 Td (are ) Tj ET Q q 0 0 0 rg BT 311.11 325.15 Td (not ) Tj ET Q q 0 0 0 rg BT 326.12 325.15 Td (allocated ) Tj ET Q q 0 0 0 rg BT 364.65 325.15 Td (to ) Tj ET Q q 0 0 0 rg BT 374.65 325.15 Td (individual ) Tj ET Q q 0 0 0 rg BT 414.68 325.15 Td (segments.) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 272.65 388.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 272.65 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 272.65 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 272.65 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 242.65 388.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 242.65 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 242.65 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 242.65 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 212.65 388.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 212.65 60.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 212.65 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 212.65 60.00 -25.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 285.65 m 498.5 285.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 285.65 m 502.5 285.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 285.65 m 562.5 285.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 285.65 m 498.5 285.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 272.65 m 498.5 272.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 285.65 m 502.5 285.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 285.65 m 562.5 285.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 272.65 m 562.5 272.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 212.64999999999998 m 498.5 212.64999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 188.64999999999998 m 498.5 188.64999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 186.64999999999998 m 498.5 186.64999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 212.64999999999998 m 562.5 212.64999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 188.64999999999998 m 562.5 188.64999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 186.64999999999998 m 562.5 186.64999999999998 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 302.88 Td (? Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 460.40 302.88 Td (Three Months Ended) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 481.50 289.88 Td (March 31,) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 276.88 Td (? Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 459.10 276.88 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 523.10 276.88 Td (2018) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 53.00 262.87 Td (Capital expenditures:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 247.87 Td (Google) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.00 247.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.60 247.27 Td (2,409) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.00 247.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.60 247.27 Td (7,669) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 232.87 Td (Other Bets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.95 232.27 Td (167) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.50 232.27 Td (55) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 217.87 Td (Reconciling items) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 131.36 222.64 Td (\(2\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.15 217.27 Td (\(68) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.65 217.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.60 217.27 Td (\(425) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 217.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 202.87 Td (T) Tj ET Q q 0 0 0 rg BT 76.00 202.87 Td (otal capital expenditures as presented on the Consolidated Statements of Cash ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 192.87 Td (Flows) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.00 192.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.60 192.27 Td (2,508) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.00 192.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.60 192.27 Td (7,299) Tj ET Q BT /F1 10.00 Tf ET BT /F1 9.00 Tf ET BT /F1 5.85 Tf ET q 0 0 0 rg BT 50.00 181.64 Td (\(2\) ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 72.50 177.35 Td (Reconciling items are related to timing dif) Tj ET Q q 0 0 0 rg BT 236.91 177.35 Td (ferences of payments as segment capital expenditures are on accrual basis while ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 72.50 166.55 Td (total capital expenditures shown on the Consolidated Statements of Cash Flow are on cash basis and other miscellaneous ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 72.50 155.75 Td (dif) Tj ET Q q 0 0 0 rg BT 81.84 155.75 Td (ferences.) 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Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.40 31.25 Td (29) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 741.75 Td (Stock-based compensation and depreciation, amortization, and impairment are included in segment operating ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 729.75 Td (income \(loss\) as shown below \(in millions, unaudited\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 677.25 388.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 677.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 677.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 677.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 647.25 388.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 647.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 647.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 647.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 617.25 388.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 617.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 617.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 617.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 587.25 388.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 587.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 587.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 587.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 557.25 388.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 557.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 557.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 557.25 60.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 690.25 m 498.5 690.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 690.25 m 502.5 690.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 690.25 m 562.5 690.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 690.25 m 498.5 690.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 677.25 m 498.5 677.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 690.25 m 502.5 690.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 690.25 m 562.5 690.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 677.25 m 562.5 677.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 617.25 m 498.5 617.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 603.25 m 498.5 603.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 601.25 m 498.5 601.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 617.25 m 562.5 617.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 603.25 m 562.5 603.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 601.25 m 562.5 601.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 542.25 m 498.5 542.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 518.25 m 498.5 518.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 516.25 m 498.5 516.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 542.25 m 562.5 542.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 518.25 m 562.5 518.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 516.25 m 562.5 516.25 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 707.48 Td (? Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 460.40 707.48 Td (Three Months Ended) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 481.50 694.48 Td (March 31,) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 681.48 Td (? 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Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 478.15 Td (The ) Tj ET Q q 0 0 0 rg BT 92.51 478.15 Td (following ) Tj ET Q q 0 0 0 rg BT 134.20 478.15 Td (table ) Tj ET Q q 0 0 0 rg BT 158.66 478.15 Td (presents ) Tj ET Q q 0 0 0 rg BT 199.79 478.15 Td (our ) Tj ET Q q 0 0 0 rg BT 217.03 478.15 Td (long-lived ) Tj ET Q q 0 0 0 rg BT 262.61 478.15 Td (assets ) Tj ET Q q 0 0 0 rg BT 294.29 478.15 Td (by ) Tj ET Q q 0 0 0 rg BT 307.63 478.15 Td (geographic ) Tj ET Q q 0 0 0 rg BT 359.89 478.15 Td (area ) Tj ET Q q 0 0 0 rg BT 382.68 478.15 Td (\(in ) Tj ET Q q 0 0 0 rg BT 396.57 478.15 Td (millions\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 430.65 346.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 395.50 430.65 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 475.50 430.65 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 479.50 430.65 82.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 402.65 346.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 395.50 402.65 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 475.50 402.65 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 479.50 402.65 82.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 443.65 m 475.5 443.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 479.5 443.65 m 561.5 443.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 388.65 m 475.5 388.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 388.65 m 475.5 388.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 375.65 m 475.5 375.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 373.65 m 475.5 373.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 479.5 388.65 m 561.5 388.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 479.5 375.65 m 561.5 375.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 479.5 373.65 m 561.5 373.65 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 425.00 455.88 Td (As of) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 398.95 447.88 Td (December 31, 2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 510.00 455.88 Td (As of) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 491.50 447.88 Td (March 31, 2018) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.00 434.88 Td (? 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Tj ET Q q 0 0 0 rg BT 515.44 352.75 Td ( ) Tj ET Q q 0 0 0 rg BT 518.04 352.75 Td (properties ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 340.75 Td (\(Network\) ) Tj ET Q q 0 0 0 rg BT 95.61 340.75 Td (revenues. ) Tj ET Q q 0 0 0 rg BT 141.76 340.75 Td (As ) Tj ET Q q 0 0 0 rg BT 156.20 340.75 Td (our ) Tj ET Q q 0 0 0 rg BT 173.44 340.75 Td (impression-based ) Tj ET Q q 0 0 0 rg BT 255.14 340.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 299.06 340.75 Td (have ) Tj ET Q q 0 0 0 rg BT 323.52 340.75 Td (become ) Tj ET Q q 0 0 0 rg BT 361.87 340.75 Td (a ) Tj ET Q q 0 0 0 rg BT 370.21 340.75 Td (more ) Tj ET Q q 0 0 0 rg BT 395.77 340.75 Td (significant ) Tj ET Q q 0 0 0 rg BT 443.02 340.75 Td (driver ) Tj ET Q q 0 0 0 rg BT 470.80 340.75 Td (of ) Tj ET Q q 0 0 0 rg BT 481.92 340.75 Td (Network ) Tj ET Q q 0 0 0 rg BT 521.38 340.75 Td (revenues ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 328.75 Td (growth, ) Tj ET Q q 0 0 0 rg BT 84.98 328.75 Td (the ) Tj ET Q q 0 0 0 rg BT 101.56 328.75 Td (percentage ) Tj ET Q q 0 0 0 rg BT 154.28 328.75 Td (change ) Tj ET Q q 0 0 0 rg BT 189.78 328.75 Td (in ) Tj ET Q q 0 0 0 rg BT 200.24 328.75 Td (paid ) Tj ET Q q 0 0 0 rg BT 221.83 328.75 Td (clicks ) Tj ET Q q 0 0 0 rg BT 248.96 328.75 Td (and ) Tj ET Q q 0 0 0 rg BT 268.33 328.75 Td (cost-per-click ) Tj ET Q q 0 0 0 rg BT 329.91 328.75 Td (cover ) Tj ET Q q 0 0 0 rg BT 357.04 328.75 Td (less ) Tj ET Q q 0 0 0 rg BT 377.51 328.75 Td (of ) Tj ET Q q 0 0 0 rg BT 388.53 328.75 Td (our ) Tj ET Q q 0 0 0 rg BT 405.67 328.75 Td (total ) Tj ET Q q 0 0 0 rg BT 427.26 328.75 Td (Network ) Tj ET Q q 0 0 0 rg BT 466.61 328.75 Td (revenues. ) Tj ET Q q 0 0 0 rg BT 512.68 328.75 Td (As ) Tj ET Q q 0 0 0 rg BT 527.03 328.75 Td (a ) Tj ET Q q 0 0 0 rg BT 535.28 328.75 Td (result, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 316.75 Td (in ) Tj ET Q q 0 0 0 rg BT 59.60 316.75 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 75.26 316.75 Td (2018, ) Tj ET Q q 0 0 0 rg BT 102.61 316.75 Td (we ) Tj ET Q q 0 0 0 rg BT 117.71 316.75 Td (transitioned ) Tj ET Q q 0 0 0 rg BT 171.73 316.75 Td (our ) Tj ET Q q 0 0 0 rg BT 188.50 316.75 Td (Network ) Tj ET Q q 0 0 0 rg BT 227.50 316.75 Td (revenue ) Tj ET Q q 0 0 0 rg BT 265.95 316.75 Td (metrics ) Tj ET Q q 0 0 0 rg BT 300.50 316.75 Td (from ) Tj ET Q q 0 0 0 rg BT 322.82 316.75 Td (the ) Tj ET Q q 0 0 0 rg BT 339.04 316.75 Td (percentage ) Tj ET Q q 0 0 0 rg BT 391.40 316.75 Td (change ) Tj ET Q q 0 0 0 rg BT 426.52 316.75 Td (in ) Tj ET Q q 0 0 0 rg BT 436.63 316.75 Td (paid ) Tj ET Q q 0 0 0 rg BT 457.85 316.75 Td (clicks ) Tj ET Q q 0 0 0 rg BT 484.62 316.75 Td (and ) Tj ET Q q 0 0 0 rg BT 503.62 316.75 Td (cost-per-click ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 304.75 Td (to ) Tj ET Q q 0 0 0 rg BT 60.87 304.75 Td (the ) Tj ET Q q 0 0 0 rg BT 77.81 304.75 Td (percentage ) Tj ET Q q 0 0 0 rg BT 130.88 304.75 Td (change ) Tj ET Q q 0 0 0 rg BT 166.72 304.75 Td (in ) Tj ET Q q 0 0 0 rg BT 177.53 304.75 Td (impressions ) Tj ET Q q 0 0 0 rg BT 233.91 304.75 Td (and ) Tj ET Q q 0 0 0 rg BT 253.63 304.75 Td (cost-per-impression. ) Tj ET Q q 0 0 0 rg BT 347.24 304.75 Td (Click-based ) Tj ET Q q 0 0 0 rg BT 402.52 304.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 446.69 304.75 Td (generated ) Tj ET Q q 0 0 0 rg BT 494.76 304.75 Td (by ) Tj ET Q q 0 0 0 rg BT 508.35 304.75 Td (our ) Tj ET Q q 0 0 0 rg BT 525.84 304.75 Td (Network ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 292.75 Td (business ) Tj ET Q q 0 0 0 rg BT 92.27 292.75 Td (are ) Tj ET Q q 0 0 0 rg BT 110.02 292.75 Td (included ) Tj ET Q q 0 0 0 rg BT 150.57 292.75 Td (in ) Tj ET Q q 0 0 0 rg BT 161.65 292.75 Td (impression-based ) Tj ET Q q 0 0 0 rg BT 243.88 292.75 Td (metrics, ) Tj ET Q q 0 0 0 rg BT 282.18 292.75 Td (so ) Tj ET Q q 0 0 0 rg BT 296.04 292.75 Td (that ) Tj ET Q q 0 0 0 rg BT 316.02 292.75 Td (these ) Tj ET Q q 0 0 0 rg BT 343.78 292.75 Td (metrics ) Tj ET Q q 0 0 0 rg BT 379.30 292.75 Td (cover ) Tj ET Q q 0 0 0 rg BT 407.05 292.75 Td (nearly ) Tj ET Q q 0 0 0 rg BT 437.59 292.75 Td (all ) Tj ET Q q 0 0 0 rg BT 450.89 292.75 Td (of ) Tj ET Q q 0 0 0 rg BT 462.53 292.75 Td (our ) Tj ET Q q 0 0 0 rg BT 480.28 292.75 Td (Network ) Tj ET Q q 0 0 0 rg BT 520.26 292.75 Td (business. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 280.75 Td (The ) Tj ET Q q 0 0 0 rg BT 69.51 280.75 Td (monetization ) Tj ET Q q 0 0 0 rg BT 128.99 280.75 Td (metrics ) Tj ET Q q 0 0 0 rg BT 163.99 280.75 Td (for ) Tj ET Q q 0 0 0 rg BT 178.44 280.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 213.46 280.75 Td (properties ) Tj ET Q q 0 0 0 rg BT 260.71 280.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 304.62 280.75 Td (remain ) Tj ET Q q 0 0 0 rg BT 337.97 280.75 Td (unchanged.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 262.75 Td (Paid ) Tj ET Q q 0 0 0 rg BT 95.22 262.75 Td (clicks ) Tj ET Q q 0 0 0 rg BT 122.86 262.75 Td (for ) Tj ET Q q 0 0 0 rg BT 137.74 262.75 Td (our ) Tj ET Q q 0 0 0 rg BT 155.39 262.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 190.84 262.75 Td (properties ) Tj ET Q q 0 0 0 rg BT 238.51 262.75 Td (represent ) Tj ET Q q 0 0 0 rg BT 283.96 262.75 Td (engagement ) Tj ET Q q 0 0 0 rg BT 342.77 262.75 Td (by ) Tj ET Q q 0 0 0 rg BT 356.53 262.75 Td (users ) Tj ET Q q 0 0 0 rg BT 384.19 262.75 Td (and ) Tj ET Q q 0 0 0 rg BT 404.08 262.75 Td (include ) Tj ET Q q 0 0 0 rg BT 438.97 262.75 Td (clicks ) Tj ET Q q 0 0 0 rg BT 466.61 262.75 Td (on ) Tj ET Q q 0 0 0 rg BT 480.94 262.75 Td (advertisements ) Tj ET Q q 0 0 0 rg BT 551.95 262.75 Td (by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 250.75 Td (end-users ) Tj ET Q q 0 0 0 rg BT 95.70 250.75 Td (related ) Tj ET Q q 0 0 0 rg BT 128.02 250.75 Td (to ) Tj ET Q q 0 0 0 rg BT 138.09 250.75 Td (searches ) Tj ET Q q 0 0 0 rg BT 180.41 250.75 Td (on ) Tj ET Q q 0 0 0 rg BT 193.26 250.75 Td (Google.com, ) Tj ET Q q 0 0 0 rg BT 251.70 250.75 Td (clicks ) Tj ET Q q 0 0 0 rg BT 277.88 250.75 Td (related ) Tj ET Q q 0 0 0 rg BT 310.19 250.75 Td (to ) Tj ET Q q 0 0 0 rg BT 320.26 250.75 Td (advertisements ) Tj ET Q q 0 0 0 rg BT 389.81 250.75 Td (on ) Tj ET Q q 0 0 0 rg BT 402.67 250.75 Td (other ) Tj ET Q q 0 0 0 rg BT 427.20 250.75 Td (owned ) Tj ET Q q 0 0 0 rg BT 458.40 250.75 Td (and ) Tj ET Q q 0 0 0 rg BT 476.82 250.75 Td (operated ) Tj ET Q q 0 0 0 rg BT 518.04 250.75 Td (properties ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 238.75 Td (including ) Tj ET Q q 0 0 0 rg BT 91.66 238.75 Td (Gmail, ) Tj ET Q q 0 0 0 rg BT 123.24 238.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 158.17 238.75 Td (Maps, ) Tj ET Q q 0 0 0 rg BT 188.09 238.75 Td (and ) Tj ET Q q 0 0 0 rg BT 207.46 238.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 242.39 238.75 Td (Play; ) Tj ET Q q 0 0 0 rg BT 267.31 238.75 Td (and ) Tj ET Q q 0 0 0 rg BT 286.68 238.75 Td (viewed ) Tj ET Q q 0 0 0 rg BT 320.32 238.75 Td (Y) Tj ET Q q 0 0 0 rg BT 326.07 238.75 Td (ouT) Tj ET Q q 0 0 0 rg BT 342.93 238.75 Td (ube ) Tj ET Q q 0 0 0 rg BT 362.30 238.75 Td (engagement ) Tj ET Q q 0 0 0 rg BT 420.59 238.75 Td (ads. ) Tj ET Q q 0 0 0 rg BT 442.17 238.75 Td (Impressions ) Tj ET Q q 0 0 0 rg BT 498.77 238.75 Td (for ) Tj ET Q q 0 0 0 rg BT 513.12 238.75 Td (our ) Tj ET Q q 0 0 0 rg BT 530.26 238.75 Td (Google ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 226.75 Td (Network ) Tj ET Q q 0 0 0 rg BT 88.49 226.75 Td (Members' ) Tj ET Q q 0 0 0 rg BT 134.39 226.75 Td (properties ) Tj ET Q q 0 0 0 rg BT 181.17 226.75 Td (include ) Tj ET Q q 0 0 0 rg BT 215.17 226.75 Td (impressions ) Tj ET Q q 0 0 0 rg BT 270.84 226.75 Td (displayed ) Tj ET Q q 0 0 0 rg BT 315.40 226.75 Td (to ) Tj ET Q q 0 0 0 rg BT 326.06 226.75 Td (users ) Tj ET Q q 0 0 0 rg BT 352.83 226.75 Td (served ) Tj ET Q q 0 0 0 rg BT 385.15 226.75 Td (on ) Tj ET Q q 0 0 0 rg BT 398.59 226.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 433.15 226.75 Td (Network ) Tj ET Q q 0 0 0 rg BT 472.14 226.75 Td (Members' ) Tj ET Q q 0 0 0 rg BT 518.04 226.75 Td (properties ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 214.75 Td (participating ) Tj ET Q q 0 0 0 rg BT 106.20 214.75 Td (primarily ) Tj ET Q q 0 0 0 rg BT 146.76 214.75 Td (in ) Tj ET Q q 0 0 0 rg BT 156.77 214.75 Td (AdMob, ) Tj ET Q q 0 0 0 rg BT 193.46 214.75 Td (AdSense ) Tj ET Q q 0 0 0 rg BT 236.82 214.75 Td (for ) Tj ET Q q 0 0 0 rg BT 251.27 214.75 Td (Content, ) Tj ET Q q 0 0 0 rg BT 291.30 214.75 Td (AdSense ) Tj ET Q q 0 0 0 rg BT 334.66 214.75 Td (for ) Tj ET Q q 0 0 0 rg BT 349.11 214.75 Td (Search, ) Tj ET Q q 0 0 0 rg BT 386.35 214.75 Td (and ) Tj ET Q q 0 0 0 rg BT 405.81 214.75 Td (DoubleClick ) Tj ET Q q 0 0 0 rg BT 461.39 214.75 Td (AdExchange. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 196.75 Td (Cost-per-click ) Tj ET Q q 0 0 0 rg BT 136.16 196.75 Td (is ) Tj ET Q q 0 0 0 rg BT 146.42 196.75 Td (defined ) Tj ET Q q 0 0 0 rg BT 182.26 196.75 Td (as ) Tj ET Q q 0 0 0 rg BT 195.86 196.75 Td (click-driven ) Tj ET Q q 0 0 0 rg BT 248.91 196.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 293.09 196.75 Td (divided ) Tj ET Q q 0 0 0 rg BT 327.82 196.75 Td (by ) Tj ET Q q 0 0 0 rg BT 341.42 196.75 Td (our ) Tj ET Q q 0 0 0 rg BT 358.91 196.75 Td (total ) Tj ET Q q 0 0 0 rg BT 380.85 196.75 Td (number ) Tj ET Q q 0 0 0 rg BT 417.79 196.75 Td (of ) Tj ET Q q 0 0 0 rg BT 429.17 196.75 Td (paid ) Tj ET Q q 0 0 0 rg BT 451.12 196.75 Td (clicks ) Tj ET Q q 0 0 0 rg BT 478.60 196.75 Td (and ) Tj ET Q q 0 0 0 rg BT 498.32 196.75 Td (represents ) Tj ET Q q 0 0 0 rg BT 548.61 196.75 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 184.75 Td (average ) Tj ET Q q 0 0 0 rg BT 88.42 184.75 Td (amount ) Tj ET Q q 0 0 0 rg BT 124.55 184.75 Td (we ) Tj ET Q q 0 0 0 rg BT 140.11 184.75 Td (charge ) Tj ET Q q 0 0 0 rg BT 173.46 184.75 Td (advertisers ) Tj ET Q q 0 0 0 rg BT 225.15 184.75 Td (for ) Tj ET Q q 0 0 0 rg BT 239.60 184.75 Td (each ) Tj ET Q q 0 0 0 rg BT 264.06 184.75 Td (engagement ) Tj ET Q q 0 0 0 rg BT 322.44 184.75 Td (by ) Tj ET Q q 0 0 0 rg BT 335.78 184.75 Td (users.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 166.75 Td (Cost-per-impression ) Tj ET Q q 0 0 0 rg BT 165.51 166.75 Td (is ) Tj ET Q q 0 0 0 rg BT 176.21 166.75 Td (defined ) Tj ET Q q 0 0 0 rg BT 212.50 166.75 Td (as ) Tj ET Q q 0 0 0 rg BT 226.54 166.75 Td (impression-based ) Tj ET Q q 0 0 0 rg BT 308.95 166.75 Td (and ) Tj ET Q q 0 0 0 rg BT 329.12 166.75 Td (click-based ) Tj ET Q q 0 0 0 rg BT 382.62 166.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 427.24 166.75 Td (divided ) Tj ET Q q 0 0 0 rg BT 462.41 166.75 Td (by ) Tj ET Q q 0 0 0 rg BT 476.46 166.75 Td (our ) Tj ET Q q 0 0 0 rg BT 494.39 166.75 Td (total ) Tj ET Q q 0 0 0 rg BT 516.78 166.75 Td (number ) Tj ET Q q 0 0 0 rg BT 554.17 166.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 154.75 Td (impressions ) Tj ET Q q 0 0 0 rg BT 105.63 154.75 Td (and ) Tj ET Q q 0 0 0 rg BT 125.09 154.75 Td (represents ) Tj ET Q q 0 0 0 rg BT 175.12 154.75 Td (the ) Tj ET Q q 0 0 0 rg BT 191.79 154.75 Td (average ) Tj ET Q q 0 0 0 rg BT 230.71 154.75 Td (amount ) Tj ET Q q 0 0 0 rg BT 266.84 154.75 Td (we ) Tj ET Q q 0 0 0 rg BT 282.41 154.75 Td (charge ) Tj ET Q q 0 0 0 rg BT 315.76 154.75 Td (advertisers ) Tj ET Q q 0 0 0 rg BT 367.44 154.75 Td (for ) Tj ET Q q 0 0 0 rg BT 381.89 154.75 Td (each ) Tj ET Q q 0 0 0 rg BT 406.36 154.75 Td (impression ) Tj ET Q q 0 0 0 rg BT 457.48 154.75 Td (displayed ) Tj ET Q q 0 0 0 rg BT 502.51 154.75 Td (to ) Tj ET Q q 0 0 0 rg BT 513.63 154.75 Td (users.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 136.75 Td (As ) Tj ET Q q 0 0 0 rg BT 86.31 136.75 Td (our ) Tj ET Q q 0 0 0 rg BT 103.39 136.75 Td (business ) Tj ET Q q 0 0 0 rg BT 145.50 136.75 Td (evolves, ) Tj ET Q q 0 0 0 rg BT 184.82 136.75 Td (we ) Tj ET Q q 0 0 0 rg BT 200.24 136.75 Td (periodically ) Tj ET Q q 0 0 0 rg BT 252.90 136.75 Td (review) Tj ET Q q 0 0 0 rg BT 281.24 136.75 Td (, ) Tj ET Q q 0 0 0 rg BT 286.66 136.75 Td (refine ) Tj ET Q q 0 0 0 rg BT 314.31 136.75 Td (and ) Tj ET Q q 0 0 0 rg BT 333.63 136.75 Td (update ) Tj ET Q q 0 0 0 rg BT 366.85 136.75 Td (our ) Tj ET Q q 0 0 0 rg BT 383.94 136.75 Td (methodologies ) Tj ET Q q 0 0 0 rg BT 451.62 136.75 Td (for ) Tj ET Q q 0 0 0 rg BT 465.92 136.75 Td (monitoring, ) Tj ET Q q 0 0 0 rg BT 518.03 136.75 Td (gathering, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 124.75 Td (and ) Tj ET Q q 0 0 0 rg BT 68.99 124.75 Td (counting ) Tj ET Q q 0 0 0 rg BT 109.60 124.75 Td (the ) Tj ET Q q 0 0 0 rg BT 126.31 124.75 Td (number ) Tj ET Q q 0 0 0 rg BT 163.02 124.75 Td (of ) Tj ET Q q 0 0 0 rg BT 174.17 124.75 Td (paid ) Tj ET Q q 0 0 0 rg BT 195.88 124.75 Td (clicks ) Tj ET Q q 0 0 0 rg BT 223.13 124.75 Td (on ) Tj ET Q q 0 0 0 rg BT 237.06 124.75 Td (our ) Tj ET Q q 0 0 0 rg BT 254.32 124.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 289.37 124.75 Td (properties ) Tj ET Q q 0 0 0 rg BT 336.64 124.75 Td (and ) Tj ET Q q 0 0 0 rg BT 356.13 124.75 Td (the ) Tj ET Q q 0 0 0 rg BT 372.84 124.75 Td (number ) Tj ET Q q 0 0 0 rg BT 409.55 124.75 Td (of ) Tj ET Q q 0 0 0 rg BT 420.70 124.75 Td (impressions ) Tj ET Q q 0 0 0 rg BT 476.85 124.75 Td (on ) Tj ET Q q 0 0 0 rg BT 490.78 124.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 525.83 124.75 Td (Network ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 112.75 Td (Members? 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Tj ET Q q 0 0 0 rg BT 370.95 100.75 Td ( ) Tj ET Q q 0 0 0 rg BT 373.72 100.75 Td (properties.) Tj ET Q endstream endobj 69 0 obj <>] /Rotate 0 /Contents 70 0 R>> endobj 70 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 53 767.1939453125 m 130.8271484375 767.1939453125 l s q 0 0 1 rg BT 53.00 768.62 Td (T) Tj ET Q q 0 0 1 rg BT 58.00 768.62 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.396078431372549 0.396078431372549 0.396078431372549 rg BT 494.20 768.62 Td (Alphabet Inc.) 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537.75 Td (advertising ) Tj ET Q q 0 0 0 rg BT 199.48 537.75 Td (market. ) Tj ET Q q 0 0 0 rg BT 235.35 537.75 Td (W) Tj ET Q q 0 0 0 rg BT 244.60 537.75 Td (e ) Tj ET Q q 0 0 0 rg BT 252.70 537.75 Td (also ) Tj ET Q q 0 0 0 rg BT 273.57 537.75 Td (expect ) Tj ET Q q 0 0 0 rg BT 305.57 537.75 Td (that ) Tj ET Q q 0 0 0 rg BT 324.78 537.75 Td (our ) Tj ET Q q 0 0 0 rg BT 341.76 537.75 Td (revenue ) Tj ET Q q 0 0 0 rg BT 380.43 537.75 Td (growth ) Tj ET Q q 0 0 0 rg BT 412.98 537.75 Td (rate ) Tj ET Q q 0 0 0 rg BT 432.74 537.75 Td (will ) Tj ET Q q 0 0 0 rg BT 449.16 537.75 Td (continue ) Tj ET Q q 0 0 0 rg BT 489.50 537.75 Td (to ) Tj ET Q q 0 0 0 rg BT 500.37 537.75 Td (be ) Tj ET Q q 0 0 0 rg BT 514.02 537.75 Td (af) Tj ET Q q 0 0 0 rg BT 522.18 537.75 Td (fected ) Tj ET Q q 0 0 0 rg BT 551.95 537.75 Td (by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 525.75 Td (evolving ) Tj ET Q q 0 0 0 rg BT 89.65 525.75 Td (user ) Tj ET Q q 0 0 0 rg BT 112.57 525.75 Td (preferences, ) Tj ET Q q 0 0 0 rg BT 171.61 525.75 Td (the ) Tj ET Q q 0 0 0 rg BT 188.98 525.75 Td (acceptance ) Tj ET Q q 0 0 0 rg BT 243.59 525.75 Td (by ) Tj ET Q q 0 0 0 rg BT 257.61 525.75 Td (users ) Tj ET Q q 0 0 0 rg BT 285.53 525.75 Td (of ) Tj ET Q q 0 0 0 rg BT 297.33 525.75 Td (our ) Tj ET Q q 0 0 0 rg BT 315.24 525.75 Td (products ) Tj ET Q q 0 0 0 rg BT 357.06 525.75 Td (and ) Tj ET Q q 0 0 0 rg BT 377.21 525.75 Td (services ) Tj ET Q q 0 0 0 rg BT 417.34 525.75 Td (as ) Tj ET Q q 0 0 0 rg BT 431.37 525.75 Td (they ) Tj ET Q q 0 0 0 rg BT 453.73 525.75 Td (are ) Tj ET Q q 0 0 0 rg BT 471.64 525.75 Td (delivered ) Tj ET Q q 0 0 0 rg BT 515.69 525.75 Td (on ) Tj ET Q q 0 0 0 rg BT 530.27 525.75 Td (diverse ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 513.75 Td (devices ) Tj ET Q q 0 0 0 rg BT 86.50 513.75 Td (and ) Tj ET Q q 0 0 0 rg BT 106.27 513.75 Td (modalities, ) Tj ET Q q 0 0 0 rg BT 157.16 513.75 Td (our ) Tj ET Q q 0 0 0 rg BT 174.70 513.75 Td (ability ) Tj ET Q q 0 0 0 rg BT 203.35 513.75 Td (to ) Tj ET Q q 0 0 0 rg BT 214.78 513.75 Td (create ) Tj ET Q q 0 0 0 rg BT 245.66 513.75 Td (a ) Tj ET Q q 0 0 0 rg BT 254.31 513.75 Td (seamless ) Tj ET Q q 0 0 0 rg BT 299.64 513.75 Td (experience ) Tj ET Q q 0 0 0 rg BT 351.65 513.75 Td (for ) Tj ET Q q 0 0 0 rg BT 366.41 513.75 Td (both ) Tj ET Q q 0 0 0 rg BT 388.96 513.75 Td (users ) Tj ET Q q 0 0 0 rg BT 416.50 513.75 Td (and ) Tj ET Q q 0 0 0 rg BT 436.27 513.75 Td (advertisers, ) Tj ET Q q 0 0 0 rg BT 491.05 513.75 Td (and ) Tj ET Q q 0 0 0 rg BT 510.82 513.75 Td (movements ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 501.75 Td (in ) Tj ET Q q 0 0 0 rg BT 60.06 501.75 Td (foreign ) Tj ET Q q 0 0 0 rg BT 93.42 501.75 Td (currency ) Tj ET Q q 0 0 0 rg BT 134.54 501.75 Td (exchange ) Tj ET Q q 0 0 0 rg BT 180.69 501.75 Td (rates.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 72.00 483.75 Td (Google properties) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 465.75 Td (The ) Tj ET Q q 0 0 0 rg BT 92.51 465.75 Td (following ) Tj ET Q q 0 0 0 rg BT 134.69 465.75 Td (table ) Tj ET Q q 0 0 0 rg BT 159.65 465.75 Td (presents ) Tj ET Q q 0 0 0 rg BT 201.28 465.75 Td (our ) Tj ET Q q 0 0 0 rg BT 219.01 465.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 254.53 465.75 Td (properties ) Tj ET Q q 0 0 0 rg BT 302.27 465.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 346.69 465.75 Td (\(in ) Tj ET Q q 0 0 0 rg BT 361.07 465.75 Td (millions, ) Tj ET Q q 0 0 0 rg BT 400.47 465.75 Td (unaudited\), ) Tj ET Q q 0 0 0 rg BT 453.78 465.75 Td (and ) Tj ET Q q 0 0 0 rg BT 473.74 465.75 Td (changes ) Tj ET Q q 0 0 0 rg BT 514.82 465.75 Td (in ) Tj ET Q q 0 0 0 rg BT 525.88 465.75 Td (our ) Tj ET Q q 0 0 0 rg BT 543.61 465.75 Td (paid ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 453.75 Td (clicks ) Tj ET Q q 0 0 0 rg BT 76.72 453.75 Td (and ) Tj ET Q q 0 0 0 rg BT 96.18 453.75 Td (cost-per-click ) Tj ET Q q 0 0 0 rg BT 157.86 453.75 Td (\(expressed ) Tj ET Q q 0 0 0 rg BT 210.11 453.75 Td (as ) Tj ET Q q 0 0 0 rg BT 223.45 453.75 Td (a ) Tj ET Q q 0 0 0 rg BT 231.79 453.75 Td (percentage\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 398.25 389.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 439.00 398.25 60.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.00 398.25 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.00 398.25 60.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 367.25 389.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 439.00 367.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.00 367.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.00 367.25 60.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439 411.25 m 499 411.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499 411.25 m 503 411.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 411.25 m 563 411.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439 411.25 m 499 411.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439 398.25 m 499 398.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499 411.25 m 503 411.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 411.25 m 563 411.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 398.25 m 563 398.25 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 460.90 428.48 Td (Three Months Ended) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 415.48 Td (? Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 482.00 415.48 Td (March 31,) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 402.48 Td (? Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 459.60 402.48 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 523.60 402.48 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 386.87 Td (Google properties revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.50 386.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.00 386.87 Td (17,403) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.50 386.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.65 386.87 Td (21,998) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 372.47 Td (Google properties revenues as a percentage of Google segment revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.10 371.87 Td (70.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.60 371.87 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.75 371.87 Td (71.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.60 371.87 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 357.47 Td (Paid clicks change) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.10 356.87 Td (59) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.60 356.87 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 342.47 Td (Cost-per-click change) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.75 341.87 Td (\(19) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.25 341.87 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 319.75 Td (Google properties revenues consist primarily of advertising) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.12 319.75 Td ( revenues that are generated on:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 301.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 301.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 120.33 301.75 Td (search ) Tj ET Q q 0 0 0 rg BT 152.93 301.75 Td (properties ) Tj ET Q q 0 0 0 rg BT 199.98 301.75 Td (which ) Tj ET Q q 0 0 0 rg BT 228.14 301.75 Td (includes ) Tj ET Q q 0 0 0 rg BT 267.41 301.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 311.13 301.75 Td (from ) Tj ET Q q 0 0 0 rg BT 333.72 301.75 Td (traf) Tj ET Q q 0 0 0 rg BT 347.99 301.75 Td (fic ) Tj ET Q q 0 0 0 rg BT 360.57 301.75 Td (generated ) Tj ET Q q 0 0 0 rg BT 408.20 301.75 Td (by ) Tj ET Q q 0 0 0 rg BT 421.34 301.75 Td (search ) Tj ET Q q 0 0 0 rg BT 453.94 301.75 Td (distribution ) Tj ET Q q 0 0 0 rg BT 504.89 301.75 Td (partners ) Tj ET Q q 0 0 0 rg BT 544.16 301.75 Td (who ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 289.75 Td (use ) Tj ET Q q 0 0 0 rg BT 104.40 289.75 Td (Google.com ) Tj ET Q q 0 0 0 rg BT 161.10 289.75 Td (as ) Tj ET Q q 0 0 0 rg BT 174.44 289.75 Td (their ) Tj ET Q q 0 0 0 rg BT 196.67 289.75 Td (default ) Tj ET Q q 0 0 0 rg BT 229.47 289.75 Td (search ) Tj ET Q q 0 0 0 rg BT 262.26 289.75 Td (in ) Tj ET Q q 0 0 0 rg BT 272.82 289.75 Td (browsers, ) Tj ET Q q 0 0 0 rg BT 318.95 289.75 Td (toolbars, ) Tj ET Q q 0 0 0 rg BT 360.08 289.75 Td (etc.; ) Tj ET Q q 0 0 0 rg BT 381.75 289.75 Td (and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 277.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 277.75 Td (Other ) Tj ET Q q 0 0 0 rg BT 113.29 277.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 148.31 277.75 Td (owned ) Tj ET Q q 0 0 0 rg BT 180.56 277.75 Td (and ) Tj ET Q q 0 0 0 rg BT 200.02 277.75 Td (operated ) Tj ET Q q 0 0 0 rg BT 242.28 277.75 Td (properties ) Tj ET Q q 0 0 0 rg BT 289.52 277.75 Td (like ) Tj ET Q q 0 0 0 rg BT 307.31 277.75 Td (Gmail, ) Tj ET Q q 0 0 0 rg BT 338.98 277.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 374.00 277.75 Td (Maps, ) Tj ET Q q 0 0 0 rg BT 404.01 277.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 439.04 277.75 Td (Play) Tj ET Q q 0 0 0 rg BT 457.75 277.75 Td (, ) Tj ET Q q 0 0 0 rg BT 463.30 277.75 Td (and ) Tj ET Q q 0 0 0 rg BT 482.58 277.75 Td (Y) Tj ET Q q 0 0 0 rg BT 488.34 277.75 Td (ouT) Tj ET Q q 0 0 0 rg BT 505.20 277.75 Td (ube.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 259.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 91.81 259.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 127.19 259.75 Td (properties ) Tj ET Q q 0 0 0 rg BT 174.80 259.75 Td (revenues ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 219.08 259.75 Td (increased) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.44 259.75 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 265.58 259.75 Td ($4,595 ) Tj ET Q q 0 0 0 rg BT 299.30 259.75 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 327.64 259.75 Td ( ) Tj ET Q q 0 0 0 rg BT 330.78 259.75 Td (from ) Tj ET Q q 0 0 0 rg BT 353.92 259.75 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.96 259.75 Td (three ) Tj ET Q q 0 0 0 rg BT 396.89 259.75 Td (months ) Tj ET Q q 0 0 0 rg BT 432.82 259.75 Td (ended ) Tj ET Q q 0 0 0 rg BT 463.77 259.75 Td (March ) Tj ET Q q 0 0 0 rg BT 494.69 259.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 511.73 259.75 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.98 259.75 Td ( ) Tj ET Q q 0 0 0 rg BT 537.12 259.75 Td (to ) Tj ET Q q 0 0 0 rg BT 548.60 259.75 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 247.75 Td (three ) Tj ET Q q 0 0 0 rg BT 75.51 247.75 Td (months ) Tj ET Q q 0 0 0 rg BT 111.52 247.75 Td (ended ) Tj ET Q q 0 0 0 rg BT 142.54 247.75 Td (March ) Tj ET Q q 0 0 0 rg BT 173.54 247.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 190.65 247.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 212.90 247.75 Td (. ) Tj ET Q q 0 0 0 rg BT 218.69 247.75 Td (The ) Tj ET Q q 0 0 0 rg BT 239.13 247.75 Td (growth ) Tj ET Q q 0 0 0 rg BT 272.36 247.75 Td (was ) Tj ET Q q 0 0 0 rg BT 293.36 247.75 Td (primarily ) Tj ET Q q 0 0 0 rg BT 334.35 247.75 Td (driven ) Tj ET Q q 0 0 0 rg BT 364.81 247.75 Td (by ) Tj ET Q q 0 0 0 rg BT 378.58 247.75 Td (increases ) Tj ET Q q 0 0 0 rg BT 424.60 247.75 Td (in ) Tj ET Q q 0 0 0 rg BT 435.59 247.75 Td (mobile ) Tj ET Q q 0 0 0 rg BT 468.27 247.75 Td (search ) Tj ET Q q 0 0 0 rg BT 501.50 247.75 Td (resulting ) Tj ET Q q 0 0 0 rg BT 542.51 247.75 Td (from) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 235.75 Td (ongoing ) Tj ET Q q 0 0 0 rg BT 88.12 235.75 Td (growth ) Tj ET Q q 0 0 0 rg BT 121.16 235.75 Td (in ) Tj ET Q q 0 0 0 rg BT 131.96 235.75 Td (user ) Tj ET Q q 0 0 0 rg BT 154.44 235.75 Td (adoption ) Tj ET Q q 0 0 0 rg BT 195.84 235.75 Td (and ) Tj ET Q q 0 0 0 rg BT 215.55 235.75 Td (usage, ) Tj ET Q q 0 0 0 rg BT 248.60 235.75 Td (as ) Tj ET Q q 0 0 0 rg BT 262.18 235.75 Td (well ) Tj ET Q q 0 0 0 rg BT 282.44 235.75 Td (as ) Tj ET Q q 0 0 0 rg BT 296.02 235.75 Td (continued ) Tj ET Q q 0 0 0 rg BT 342.42 235.75 Td (growth ) Tj ET Q q 0 0 0 rg BT 375.46 235.75 Td (in ) Tj ET Q q 0 0 0 rg BT 386.27 235.75 Td (advertiser ) Tj ET Q q 0 0 0 rg BT 433.20 235.75 Td (activity) Tj ET Q q 0 0 0 rg BT 463.02 235.75 Td (. ) Tj ET Q q 0 0 0 rg BT 468.82 235.75 Td (W) Tj ET Q q 0 0 0 rg BT 478.08 235.75 Td (e ) Tj ET Q q 0 0 0 rg BT 486.67 235.75 Td (also ) Tj ET Q q 0 0 0 rg BT 508.04 235.75 Td (experienced ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 223.75 Td (growth ) Tj ET Q q 0 0 0 rg BT 81.44 223.75 Td (in ) Tj ET Q q 0 0 0 rg BT 91.15 223.75 Td (desktop ) Tj ET Q q 0 0 0 rg BT 128.10 223.75 Td (search ) Tj ET Q q 0 0 0 rg BT 160.04 223.75 Td (due ) Tj ET Q q 0 0 0 rg BT 178.65 223.75 Td (to ) Tj ET Q q 0 0 0 rg BT 188.92 223.75 Td (improvements ) Tj ET Q q 0 0 0 rg BT 253.64 223.75 Td (in ) Tj ET Q q 0 0 0 rg BT 263.35 223.75 Td (ad ) Tj ET Q q 0 0 0 rg BT 276.40 223.75 Td (formats ) Tj ET Q q 0 0 0 rg BT 311.67 223.75 Td (and ) Tj ET Q q 0 0 0 rg BT 330.28 223.75 Td (delivery) Tj ET Q q 0 0 0 rg BT 363.99 223.75 Td (, ) Tj ET Q q 0 0 0 rg BT 368.70 223.75 Td (as ) Tj ET Q q 0 0 0 rg BT 381.19 223.75 Td (well ) Tj ET Q q 0 0 0 rg BT 400.34 223.75 Td (as ) Tj ET Q q 0 0 0 rg BT 412.83 223.75 Td (growth ) Tj ET Q q 0 0 0 rg BT 444.77 223.75 Td (in ) Tj ET Q q 0 0 0 rg BT 454.35 223.75 Td (Y) Tj ET Q q 0 0 0 rg BT 460.10 223.75 Td (ouT) Tj ET Q q 0 0 0 rg BT 476.97 223.75 Td (ube ) Tj ET Q q 0 0 0 rg BT 495.58 223.75 Td (driven ) Tj ET Q q 0 0 0 rg BT 524.74 223.75 Td (primarily ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 211.75 Td (by ) Tj ET Q q 0 0 0 rg BT 64.16 211.75 Td (video ) Tj ET Q q 0 0 0 rg BT 92.16 211.75 Td (advertising. ) Tj ET Q q 0 0 0 rg BT 146.59 211.75 Td (Additionally) Tj ET Q q 0 0 0 rg BT 196.99 211.75 Td (, ) Tj ET Q q 0 0 0 rg BT 203.86 211.75 Td (the ) Tj ET Q q 0 0 0 rg BT 221.86 211.75 Td (growth ) Tj ET Q q 0 0 0 rg BT 255.98 211.75 Td (was ) Tj ET Q q 0 0 0 rg BT 277.86 211.75 Td (favorably ) Tj ET Q q 0 0 0 rg BT 322.53 211.75 Td (af) Tj ET Q q 0 0 0 rg BT 330.69 211.75 Td (fected ) Tj ET Q q 0 0 0 rg BT 362.03 211.75 Td (by ) Tj ET Q q 0 0 0 rg BT 376.69 211.75 Td (the ) Tj ET Q q 0 0 0 rg BT 394.69 211.75 Td (general ) Tj ET Q q 0 0 0 rg BT 432.15 211.75 Td (weakening ) Tj ET Q q 0 0 0 rg BT 484.06 211.75 Td (of ) Tj ET Q q 0 0 0 rg BT 496.49 211.75 Td (the ) Tj ET Q q 0 0 0 rg BT 514.49 211.75 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 538.04 211.75 Td (dollar ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 199.75 Td (compared ) Tj ET Q q 0 0 0 rg BT 96.75 199.75 Td (to ) Tj ET Q q 0 0 0 rg BT 107.86 199.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 140.66 199.75 Td (foreign ) Tj ET Q q 0 0 0 rg BT 174.01 199.75 Td (currencies. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 181.75 Td (The ) Tj ET Q q 0 0 0 rg BT 90.98 181.75 Td (number ) Tj ET Q q 0 0 0 rg BT 126.64 181.75 Td (of ) Tj ET Q q 0 0 0 rg BT 136.73 181.75 Td (paid ) Tj ET Q q 0 0 0 rg BT 157.39 181.75 Td (clicks ) Tj ET Q q 0 0 0 rg BT 183.58 181.75 Td (through ) Tj ET Q q 0 0 0 rg BT 219.25 181.75 Td (our ) Tj ET Q q 0 0 0 rg BT 235.46 181.75 Td (advertising ) Tj ET Q q 0 0 0 rg BT 285.57 181.75 Td (programs ) Tj ET Q q 0 0 0 rg BT 329.56 181.75 Td (on ) Tj ET Q q 0 0 0 rg BT 342.43 181.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 376.43 181.75 Td (properties ) Tj ET Q q 0 0 0 rg BT 422.65 181.75 Td (increased ) Tj ET Q q 0 0 0 rg BT 467.76 181.75 Td (from ) Tj ET Q q 0 0 0 rg BT 489.51 181.75 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.16 181.75 Td (three ) Tj ET Q q 0 0 0 rg BT 529.71 181.75 Td (months ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 169.75 Td (ended ) Tj ET Q q 0 0 0 rg BT 79.01 169.75 Td (March ) Tj ET Q q 0 0 0 rg BT 108.50 169.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 124.11 169.75 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 146.35 169.75 Td ( ) Tj ET Q q 0 0 0 rg BT 148.06 169.75 Td (to ) Tj ET Q q 0 0 0 rg BT 158.10 169.75 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 173.71 169.75 Td (three ) Tj ET Q q 0 0 0 rg BT 198.21 169.75 Td (months ) Tj ET Q q 0 0 0 rg BT 232.71 169.75 Td (ended ) Tj ET Q q 0 0 0 rg BT 262.22 169.75 Td (March ) Tj ET Q q 0 0 0 rg BT 291.71 169.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 307.31 169.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.56 169.75 Td ( ) Tj ET Q q 0 0 0 rg BT 331.26 169.75 Td (due ) Tj ET Q q 0 0 0 rg BT 349.65 169.75 Td (to ) Tj ET Q q 0 0 0 rg BT 359.70 169.75 Td (growth ) Tj ET Q q 0 0 0 rg BT 391.42 169.75 Td (in ) Tj ET Q q 0 0 0 rg BT 400.80 169.75 Td (Y) Tj ET Q q 0 0 0 rg BT 406.55 169.75 Td (ouT) Tj ET Q q 0 0 0 rg BT 423.41 169.75 Td (ube ) Tj ET Q q 0 0 0 rg BT 441.80 169.75 Td (engagement ) Tj ET Q q 0 0 0 rg BT 499.10 169.75 Td (ads, ) Tj ET Q q 0 0 0 rg BT 519.71 169.75 Td (increases ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 157.75 Td (in ) Tj ET Q q 0 0 0 rg BT 59.74 157.75 Td (mobile ) Tj ET Q q 0 0 0 rg BT 91.66 157.75 Td (search ) Tj ET Q q 0 0 0 rg BT 124.13 157.75 Td (queries, ) Tj ET Q q 0 0 0 rg BT 162.16 157.75 Td (improvements ) Tj ET Q q 0 0 0 rg BT 227.42 157.75 Td (we ) Tj ET Q q 0 0 0 rg BT 242.66 157.75 Td (have ) Tj ET Q q 0 0 0 rg BT 266.80 157.75 Td (made ) Tj ET Q q 0 0 0 rg BT 294.28 157.75 Td (in ) Tj ET Q q 0 0 0 rg BT 304.52 157.75 Td (ad ) Tj ET Q q 0 0 0 rg BT 318.10 157.75 Td (formats ) Tj ET Q q 0 0 0 rg BT 353.90 157.75 Td (and ) Tj ET Q q 0 0 0 rg BT 373.04 157.75 Td (delivery) Tj ET Q q 0 0 0 rg BT 406.75 157.75 Td (, ) Tj ET Q q 0 0 0 rg BT 411.99 157.75 Td (and ) Tj ET Q q 0 0 0 rg BT 431.13 157.75 Td (continued ) Tj ET Q q 0 0 0 rg BT 476.96 157.75 Td (global ) Tj ET Q q 0 0 0 rg BT 506.11 157.75 Td (expansion ) Tj ET Q q 0 0 0 rg BT 554.16 157.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 145.75 Td (our ) Tj ET Q q 0 0 0 rg BT 67.74 145.75 Td (products, ) Tj ET Q q 0 0 0 rg BT 112.66 145.75 Td (advertisers ) Tj ET Q q 0 0 0 rg BT 165.36 145.75 Td (and ) Tj ET Q q 0 0 0 rg BT 185.83 145.75 Td (user ) Tj ET Q q 0 0 0 rg BT 209.08 145.75 Td (base. ) Tj ET Q q 0 0 0 rg BT 237.08 145.75 Td (The ) Tj ET Q q 0 0 0 rg BT 258.10 145.75 Td (positive ) Tj ET Q q 0 0 0 rg BT 295.80 145.75 Td (ef) Tj ET Q q 0 0 0 rg BT 303.96 145.75 Td (fect ) Tj ET Q q 0 0 0 rg BT 323.86 145.75 Td (on ) Tj ET Q q 0 0 0 rg BT 338.77 145.75 Td (our ) Tj ET Q q 0 0 0 rg BT 357.02 145.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 401.94 145.75 Td (from ) Tj ET Q q 0 0 0 rg BT 425.73 145.75 Td (an ) Tj ET Q q 0 0 0 rg BT 440.65 145.75 Td (increase ) Tj ET Q q 0 0 0 rg BT 482.23 145.75 Td (in ) Tj ET Q q 0 0 0 rg BT 493.80 145.75 Td (paid ) Tj ET Q q 0 0 0 rg BT 516.50 145.75 Td (clicks ) Tj ET Q q 0 0 0 rg BT 544.73 145.75 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 133.75 Td (partially ) Tj ET Q q 0 0 0 rg BT 86.33 133.75 Td (of) Tj ET Q q 0 0 0 rg BT 94.49 133.75 Td (fset ) Tj ET Q q 0 0 0 rg BT 112.98 133.75 Td (by ) Tj ET Q q 0 0 0 rg BT 125.92 133.75 Td (a ) Tj ET Q q 0 0 0 rg BT 133.85 133.75 Td (decrease ) Tj ET Q q 0 0 0 rg BT 177.37 133.75 Td (in ) Tj ET Q q 0 0 0 rg BT 187.52 133.75 Td (the ) Tj ET Q q 0 0 0 rg BT 203.80 133.75 Td (cost-per-click ) Tj ET Q q 0 0 0 rg BT 265.07 133.75 Td (paid ) Tj ET Q q 0 0 0 rg BT 286.35 133.75 Td (by ) Tj ET Q q 0 0 0 rg BT 299.29 133.75 Td (our ) Tj ET Q q 0 0 0 rg BT 316.11 133.75 Td (advertisers. ) Tj ET Q q 0 0 0 rg BT 370.02 133.75 Td (The ) Tj ET Q q 0 0 0 rg BT 389.62 133.75 Td (decrease ) Tj ET Q q 0 0 0 rg BT 433.13 133.75 Td (in ) Tj ET Q q 0 0 0 rg BT 443.29 133.75 Td (cost-per-click ) Tj ET Q q 0 0 0 rg BT 504.56 133.75 Td (was ) Tj ET Q q 0 0 0 rg BT 524.72 133.75 Td (primarily ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 121.75 Td (driven ) Tj ET Q q 0 0 0 rg BT 81.40 121.75 Td (by ) Tj ET Q q 0 0 0 rg BT 96.62 121.75 Td (continued ) Tj ET Q q 0 0 0 rg BT 144.64 121.75 Td (growth ) Tj ET Q q 0 0 0 rg BT 179.32 121.75 Td (in ) Tj ET Q q 0 0 0 rg BT 191.46 121.75 Td (Y) Tj ET Q q 0 0 0 rg BT 197.21 121.75 Td (ouT) Tj ET Q q 0 0 0 rg BT 214.07 121.75 Td (ube ) Tj ET Q q 0 0 0 rg BT 235.41 121.75 Td (engagement ) Tj ET Q q 0 0 0 rg BT 295.67 121.75 Td (ads ) Tj ET Q q 0 0 0 rg BT 316.46 121.75 Td (where ) Tj ET Q q 0 0 0 rg BT 348.35 121.75 Td (cost-per-click ) Tj ET Q q 0 0 0 rg BT 411.91 121.75 Td (remains ) Tj ET Q q 0 0 0 rg BT 452.13 121.75 Td (lower ) Tj ET Q q 0 0 0 rg BT 480.69 121.75 Td (than ) Tj ET Q q 0 0 0 rg BT 504.81 121.75 Td (on ) Tj ET Q q 0 0 0 rg BT 520.59 121.75 Td (our ) Tj ET Q q 0 0 0 rg BT 539.71 121.75 Td (other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 109.75 Td (advertising ) Tj ET Q q 0 0 0 rg BT 101.28 109.75 Td (platforms. ) Tj ET Q q 0 0 0 rg BT 148.61 109.75 Td (Cost-per-click ) Tj ET Q q 0 0 0 rg BT 213.15 109.75 Td (was ) Tj ET Q q 0 0 0 rg BT 234.36 109.75 Td (also ) Tj ET Q q 0 0 0 rg BT 256.13 109.75 Td (af) Tj ET Q q 0 0 0 rg BT 264.29 109.75 Td (fected ) Tj ET Q q 0 0 0 rg BT 294.96 109.75 Td (by ) Tj ET Q q 0 0 0 rg BT 308.95 109.75 Td (changes ) Tj ET Q q 0 0 0 rg BT 350.18 109.75 Td (in ) Tj ET Q q 0 0 0 rg BT 361.39 109.75 Td (device ) Tj ET Q q 0 0 0 rg BT 393.72 109.75 Td (mix, ) Tj ET Q q 0 0 0 rg BT 415.47 109.75 Td (geographic ) Tj ET Q q 0 0 0 rg BT 468.38 109.75 Td (mix, ) Tj ET Q q 0 0 0 rg BT 490.14 109.75 Td (ongoing ) Tj ET Q q 0 0 0 rg BT 529.15 109.75 Td (product ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 97.75 Td (changes, ) Tj ET Q q 0 0 0 rg BT 92.86 97.75 Td (product ) Tj ET Q q 0 0 0 rg BT 129.00 97.75 Td (mix, ) Tj ET Q q 0 0 0 rg BT 150.11 97.75 Td (property ) Tj ET Q q 0 0 0 rg BT 189.57 97.75 Td (mix, ) Tj ET Q q 0 0 0 rg BT 210.68 97.75 Td (and ) Tj ET Q q 0 0 0 rg BT 230.14 97.75 Td (fluctuations ) Tj ET Q q 0 0 0 rg BT 283.50 97.75 Td (of ) Tj ET Q q 0 0 0 rg BT 294.62 97.75 Td (the ) Tj ET Q q 0 0 0 rg BT 311.30 97.75 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 333.53 97.75 Td (dollar ) Tj ET Q q 0 0 0 rg BT 360.76 97.75 Td (compared ) Tj ET Q q 0 0 0 rg BT 408.01 97.75 Td (to ) Tj ET Q q 0 0 0 rg BT 419.13 97.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 451.92 97.75 Td (foreign ) Tj ET Q q 0 0 0 rg BT 485.28 97.75 Td (currencies.) 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Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.40 31.25 Td (33) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 72.00 741.75 Td (Google Network Members' properties) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 723.75 Td (The ) Tj ET Q q 0 0 0 rg BT 94.51 723.75 Td (following ) Tj ET Q q 0 0 0 rg BT 137.19 723.75 Td (table ) Tj ET Q q 0 0 0 rg BT 162.65 723.75 Td (presents ) Tj ET Q q 0 0 0 rg BT 204.78 723.75 Td (our ) Tj ET Q q 0 0 0 rg BT 223.01 723.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 259.03 723.75 Td (Network ) Tj ET Q q 0 0 0 rg BT 299.48 723.75 Td (Members' ) Tj ET Q q 0 0 0 rg BT 346.84 723.75 Td (properties ) Tj ET Q q 0 0 0 rg BT 395.09 723.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 440.00 723.75 Td (\(in ) Tj ET Q q 0 0 0 rg BT 454.89 723.75 Td (millions, ) Tj ET Q q 0 0 0 rg BT 494.78 723.75 Td (unaudited\) ) Tj ET Q q 0 0 0 rg BT 545.82 723.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 711.75 Td (changes ) Tj ET Q q 0 0 0 rg BT 90.09 711.75 Td (in ) Tj ET Q q 0 0 0 rg BT 100.65 711.75 Td (our ) Tj ET Q q 0 0 0 rg BT 117.88 711.75 Td (impressions ) Tj ET Q q 0 0 0 rg BT 174.01 711.75 Td (and ) Tj ET Q q 0 0 0 rg BT 193.47 711.75 Td (cost-per-impression ) Tj ET Q q 0 0 0 rg BT 284.05 711.75 Td (\(expressed ) Tj ET Q q 0 0 0 rg BT 336.30 711.75 Td (as ) Tj ET Q q 0 0 0 rg BT 349.64 711.75 Td (a ) Tj ET Q q 0 0 0 rg BT 357.98 711.75 Td (percentage\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 656.25 389.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.00 656.25 60.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 656.25 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.00 656.25 60.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 615.25 389.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.00 615.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 615.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.00 615.25 60.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438 669.25 m 498 669.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 669.25 m 502 669.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 669.25 m 562 669.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438 669.25 m 498 669.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438 656.25 m 498 656.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 669.25 m 502 669.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 669.25 m 562 669.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 656.25 m 562 656.25 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 459.90 686.48 Td (Three Months Ended) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 51.50 673.48 Td (? Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 481.00 673.48 Td (March 31,) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 51.50 660.48 Td (? Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 458.60 660.48 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 522.60 660.48 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 644.87 Td (Google Network Members' properties revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.50 644.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.55 644.87 Td (4,008) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.50 644.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.55 644.87 Td (4,644) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 630.47 Td (Google Network Members' properties revenues as a percentage of Google segment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 620.47 Td (revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.10 619.87 Td (16.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.60 619.87 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.10 619.87 Td (15.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.60 619.87 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 605.47 Td (Impressions change) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.00 604.87 Td (0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.60 604.87 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 590.47 Td (Cost-per-impression change) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.45 589.87 Td (18) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.60 589.87 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 567.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 109.76 567.75 Td (Network ) Tj ET Q q 0 0 0 rg BT 151.94 567.75 Td (Members' ) Tj ET Q q 0 0 0 rg BT 201.04 567.75 Td (properties ) Tj ET Q q 0 0 0 rg BT 251.01 567.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 297.66 567.75 Td (consist ) Tj ET Q q 0 0 0 rg BT 334.29 567.75 Td (primarily ) Tj ET Q q 0 0 0 rg BT 377.58 567.75 Td (of ) Tj ET Q q 0 0 0 rg BT 391.43 567.75 Td (advertising ) Tj ET Q q 0 0 0 rg BT 445.30 567.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 491.95 567.75 Td (generated ) Tj ET Q q 0 0 0 rg BT 542.50 567.75 Td (from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 555.75 Td (advertisements ) Tj ET Q q 0 0 0 rg BT 120.09 555.75 Td (served ) Tj ET Q q 0 0 0 rg BT 152.88 555.75 Td (on ) Tj ET Q q 0 0 0 rg BT 166.78 555.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 201.80 555.75 Td (Network ) Tj ET Q q 0 0 0 rg BT 241.26 555.75 Td (Members' ) Tj ET Q q 0 0 0 rg BT 287.62 555.75 Td (properties ) Tj ET Q q 0 0 0 rg BT 334.87 555.75 Td (participating ) Tj ET Q q 0 0 0 rg BT 391.57 555.75 Td (in:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 537.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 537.75 Td (AdMob;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 525.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 525.75 Td (AdSense ) Tj ET Q q 0 0 0 rg BT 128.86 525.75 Td (\(such ) Tj ET Q q 0 0 0 rg BT 156.10 525.75 Td (as ) Tj ET Q q 0 0 0 rg BT 168.88 525.75 Td (AdSense ) Tj ET Q q 0 0 0 rg BT 212.25 525.75 Td (for ) Tj ET Q q 0 0 0 rg BT 226.70 525.75 Td (Content, ) Tj ET Q q 0 0 0 rg BT 266.73 525.75 Td (AdSense ) Tj ET Q q 0 0 0 rg BT 310.09 525.75 Td (for ) Tj ET Q q 0 0 0 rg BT 324.54 525.75 Td (Search, ) Tj ET Q q 0 0 0 rg BT 361.78 525.75 Td (etc.\); ) Tj ET Q q 0 0 0 rg BT 386.78 525.75 Td (and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 513.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 513.75 Td (DoubleClick ) Tj ET Q q 0 0 0 rg BT 141.08 513.75 Td (AdExchange.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 495.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 91.29 495.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 126.16 495.75 Td (Network ) Tj ET Q q 0 0 0 rg BT 165.45 495.75 Td (Members' ) Tj ET Q q 0 0 0 rg BT 211.66 495.75 Td (properties ) Tj ET Q q 0 0 0 rg BT 258.75 495.75 Td (revenues ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 302.51 495.75 Td (increased) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.87 495.75 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.49 495.75 Td ($636 ) Tj ET Q q 0 0 0 rg BT 373.35 495.75 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.69 495.75 Td ( ) Tj ET Q q 0 0 0 rg BT 404.32 495.75 Td (from ) Tj ET Q q 0 0 0 rg BT 426.94 495.75 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.46 495.75 Td (three ) Tj ET Q q 0 0 0 rg BT 468.87 495.75 Td (months ) Tj ET Q q 0 0 0 rg BT 504.29 495.75 Td (ended ) Tj ET Q q 0 0 0 rg BT 534.72 495.75 Td (March ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 483.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 65.48 483.75 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.73 483.75 Td ( ) Tj ET Q q 0 0 0 rg BT 89.81 483.75 Td (to ) Tj ET Q q 0 0 0 rg BT 100.23 483.75 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.21 483.75 Td (three ) Tj ET Q q 0 0 0 rg BT 141.09 483.75 Td (months ) Tj ET Q q 0 0 0 rg BT 175.96 483.75 Td (ended ) Tj ET Q q 0 0 0 rg BT 205.85 483.75 Td (March ) Tj ET Q q 0 0 0 rg BT 235.71 483.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 251.70 483.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 273.94 483.75 Td (. ) Tj ET Q q 0 0 0 rg BT 278.67 483.75 Td (The ) Tj ET Q q 0 0 0 rg BT 297.98 483.75 Td (growth ) Tj ET Q q 0 0 0 rg BT 330.07 483.75 Td (was ) Tj ET Q q 0 0 0 rg BT 349.94 483.75 Td (primarily ) Tj ET Q q 0 0 0 rg BT 389.80 483.75 Td (driven ) Tj ET Q q 0 0 0 rg BT 419.12 483.75 Td (by ) Tj ET Q q 0 0 0 rg BT 431.76 483.75 Td (strength ) Tj ET Q q 0 0 0 rg BT 469.97 483.75 Td (in ) Tj ET Q q 0 0 0 rg BT 479.84 483.75 Td (both ) Tj ET Q q 0 0 0 rg BT 501.38 483.75 Td (programmatic ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 471.75 Td (advertising ) Tj ET Q q 0 0 0 rg BT 99.26 471.75 Td (buying ) Tj ET Q q 0 0 0 rg BT 130.13 471.75 Td (and ) Tj ET Q q 0 0 0 rg BT 147.94 471.75 Td (AdMob ) Tj ET Q q 0 0 0 rg BT 181.02 471.75 Td (as ) Tj ET Q q 0 0 0 rg BT 192.99 471.75 Td (well ) Tj ET Q q 0 0 0 rg BT 211.61 471.75 Td (as ) Tj ET Q q 0 0 0 rg BT 223.58 471.75 Td (the ) Tj ET Q q 0 0 0 rg BT 238.88 471.75 Td (general ) Tj ET Q q 0 0 0 rg BT 273.64 471.75 Td (weakening ) Tj ET Q q 0 0 0 rg BT 322.85 471.75 Td (of ) Tj ET Q q 0 0 0 rg BT 332.60 471.75 Td (the ) Tj ET Q q 0 0 0 rg BT 347.90 471.75 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 368.75 471.75 Td (dollar ) Tj ET Q q 0 0 0 rg BT 394.61 471.75 Td (compared ) Tj ET Q q 0 0 0 rg BT 440.48 471.75 Td (to ) Tj ET Q q 0 0 0 rg BT 450.22 471.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 481.63 471.75 Td (foreign ) Tj ET Q q 0 0 0 rg BT 513.61 471.75 Td (currencies. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 459.75 Td (These ) Tj ET Q q 0 0 0 rg BT 80.07 459.75 Td (increases ) Tj ET Q q 0 0 0 rg BT 125.65 459.75 Td (were ) Tj ET Q q 0 0 0 rg BT 150.10 459.75 Td (of) Tj ET Q q 0 0 0 rg BT 158.26 459.75 Td (fset ) Tj ET Q q 0 0 0 rg BT 177.16 459.75 Td (by ) Tj ET Q q 0 0 0 rg BT 190.50 459.75 Td (a ) Tj ET Q q 0 0 0 rg BT 198.84 459.75 Td (decline ) Tj ET Q q 0 0 0 rg BT 233.30 459.75 Td (in ) Tj ET Q q 0 0 0 rg BT 243.87 459.75 Td (our ) Tj ET Q q 0 0 0 rg BT 261.10 459.75 Td (traditional ) Tj ET Q q 0 0 0 rg BT 306.68 459.75 Td (AdSense ) Tj ET Q q 0 0 0 rg BT 350.05 459.75 Td (businesses.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 441.75 Td (The ) Tj ET Q q 0 0 0 rg BT 91.87 441.75 Td (impressions ) Tj ET Q q 0 0 0 rg BT 147.86 441.75 Td (from ) Tj ET Q q 0 0 0 rg BT 170.49 441.75 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 187.03 441.75 Td (three ) Tj ET Q q 0 0 0 rg BT 212.46 441.75 Td (months ) Tj ET Q q 0 0 0 rg BT 247.89 441.75 Td (ended ) Tj ET Q q 0 0 0 rg BT 278.34 441.75 Td (March ) Tj ET Q q 0 0 0 rg BT 308.76 441.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 325.30 441.75 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.54 441.75 Td ( ) Tj ET Q q 0 0 0 rg BT 350.18 441.75 Td (to ) Tj ET Q q 0 0 0 rg BT 361.16 441.75 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.69 441.75 Td (three ) Tj ET Q q 0 0 0 rg BT 403.12 441.75 Td (months ) Tj ET Q q 0 0 0 rg BT 438.55 441.75 Td (ended ) Tj ET Q q 0 0 0 rg BT 469.00 441.75 Td (March ) Tj ET Q q 0 0 0 rg BT 499.42 441.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 515.96 441.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.20 441.75 Td ( ) Tj ET Q q 0 0 0 rg BT 540.84 441.75 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 429.75 Td (relatively ) Tj ET Q q 0 0 0 rg BT 91.67 429.75 Td (unchanged, ) Tj ET Q q 0 0 0 rg BT 146.66 429.75 Td (with ) Tj ET Q q 0 0 0 rg BT 167.16 429.75 Td (growth ) Tj ET Q q 0 0 0 rg BT 199.89 429.75 Td (in ) Tj ET Q q 0 0 0 rg BT 210.39 429.75 Td (both ) Tj ET Q q 0 0 0 rg BT 232.03 429.75 Td (AdMob ) Tj ET Q q 0 0 0 rg BT 266.43 429.75 Td (and ) Tj ET Q q 0 0 0 rg BT 285.83 429.75 Td (programmatic ) Tj ET Q q 0 0 0 rg BT 349.67 429.75 Td (advertising ) Tj ET Q q 0 0 0 rg BT 400.75 429.75 Td (buying ) Tj ET Q q 0 0 0 rg BT 432.93 429.75 Td (of) Tj ET Q q 0 0 0 rg BT 441.09 429.75 Td (fset ) Tj ET Q q 0 0 0 rg BT 459.92 429.75 Td (by ) Tj ET Q q 0 0 0 rg BT 473.20 429.75 Td (a ) Tj ET Q q 0 0 0 rg BT 481.48 429.75 Td (decrease ) Tj ET Q q 0 0 0 rg BT 525.33 429.75 Td (from ) Tj ET Q q 0 0 0 rg BT 548.05 429.75 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 417.75 Td (traditional ) Tj ET Q q 0 0 0 rg BT 94.84 417.75 Td (AdSense ) Tj ET Q q 0 0 0 rg BT 137.89 417.75 Td (for ) Tj ET Q q 0 0 0 rg BT 152.02 417.75 Td (Content ) Tj ET Q q 0 0 0 rg BT 189.52 417.75 Td (business ) Tj ET Q q 0 0 0 rg BT 231.45 417.75 Td (due ) Tj ET Q q 0 0 0 rg BT 250.60 417.75 Td (to ) Tj ET Q q 0 0 0 rg BT 261.41 417.75 Td (changes ) Tj ET Q q 0 0 0 rg BT 301.68 417.75 Td (in ) Tj ET Q q 0 0 0 rg BT 311.93 417.75 Td (product ) Tj ET Q q 0 0 0 rg BT 347.75 417.75 Td (mix ) Tj ET Q q 0 0 0 rg BT 365.77 417.75 Td (resulting ) Tj ET Q q 0 0 0 rg BT 406.03 417.75 Td (from ) Tj ET Q q 0 0 0 rg BT 428.50 417.75 Td (ongoing ) Tj ET Q q 0 0 0 rg BT 466.56 417.75 Td (product ) Tj ET Q q 0 0 0 rg BT 502.38 417.75 Td (changes. ) Tj ET Q q 0 0 0 rg BT 545.27 417.75 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 405.75 Td (changes ) Tj ET Q q 0 0 0 rg BT 89.45 405.75 Td (in ) Tj ET Q q 0 0 0 rg BT 99.38 405.75 Td (cost-per-impression ) Tj ET Q q 0 0 0 rg BT 189.33 405.75 Td (were ) Tj ET Q q 0 0 0 rg BT 213.15 405.75 Td (primarily ) Tj ET Q q 0 0 0 rg BT 253.07 405.75 Td (due ) Tj ET Q q 0 0 0 rg BT 271.90 405.75 Td (to ) Tj ET Q q 0 0 0 rg BT 282.39 405.75 Td (ongoing ) Tj ET Q q 0 0 0 rg BT 320.12 405.75 Td (product ) Tj ET Q q 0 0 0 rg BT 355.62 405.75 Td (and ) Tj ET Q q 0 0 0 rg BT 374.45 405.75 Td (policy ) Tj ET Q q 0 0 0 rg BT 402.16 405.75 Td (changes ) Tj ET Q q 0 0 0 rg BT 442.12 405.75 Td (and ) Tj ET Q q 0 0 0 rg BT 460.94 405.75 Td (improvements ) Tj ET Q q 0 0 0 rg BT 525.89 405.75 Td (we ) Tj ET Q q 0 0 0 rg BT 540.82 405.75 Td (have ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 393.75 Td (made ) Tj ET Q q 0 0 0 rg BT 76.25 393.75 Td (in ) Tj ET Q q 0 0 0 rg BT 85.77 393.75 Td (ad ) Tj ET Q q 0 0 0 rg BT 98.62 393.75 Td (formats ) Tj ET Q q 0 0 0 rg BT 133.70 393.75 Td (and ) Tj ET Q q 0 0 0 rg BT 152.11 393.75 Td (delivery ) Tj ET Q q 0 0 0 rg BT 188.31 393.75 Td (and ) Tj ET Q q 0 0 0 rg BT 206.73 393.75 Td (were ) Tj ET Q q 0 0 0 rg BT 230.13 393.75 Td (also ) Tj ET Q q 0 0 0 rg BT 250.21 393.75 Td (af) Tj ET Q q 0 0 0 rg BT 258.37 393.75 Td (fected ) Tj ET Q q 0 0 0 rg BT 287.35 393.75 Td (by ) Tj ET Q q 0 0 0 rg BT 299.64 393.75 Td (changes ) Tj ET Q q 0 0 0 rg BT 339.18 393.75 Td (in ) Tj ET Q q 0 0 0 rg BT 348.70 393.75 Td (device ) Tj ET Q q 0 0 0 rg BT 379.34 393.75 Td (mix, ) Tj ET Q q 0 0 0 rg BT 399.40 393.75 Td (geographic ) Tj ET Q q 0 0 0 rg BT 450.62 393.75 Td (mix, ) Tj ET Q q 0 0 0 rg BT 470.69 393.75 Td (product ) Tj ET Q q 0 0 0 rg BT 505.77 393.75 Td (mix, ) Tj ET Q q 0 0 0 rg BT 525.84 393.75 Td (property ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 381.75 Td (mix, ) Tj ET Q q 0 0 0 rg BT 70.61 381.75 Td (and ) Tj ET Q q 0 0 0 rg BT 90.07 381.75 Td (fluctuations ) Tj ET Q q 0 0 0 rg BT 143.44 381.75 Td (of ) Tj ET Q q 0 0 0 rg BT 154.55 381.75 Td (the ) Tj ET Q q 0 0 0 rg BT 171.23 381.75 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 193.46 381.75 Td (dollar ) Tj ET Q q 0 0 0 rg BT 220.70 381.75 Td (compared ) Tj ET Q q 0 0 0 rg BT 267.94 381.75 Td (to ) Tj ET Q q 0 0 0 rg BT 279.06 381.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 311.85 381.75 Td (foreign ) Tj ET Q q 0 0 0 rg BT 345.21 381.75 Td (currencies.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 72.00 363.75 Td (Google other revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 345.75 Td (The ) Tj ET Q q 0 0 0 rg BT 92.01 345.75 Td (following ) Tj ET Q q 0 0 0 rg BT 133.70 345.75 Td (table ) Tj ET Q q 0 0 0 rg BT 158.16 345.75 Td (presents ) Tj ET Q q 0 0 0 rg BT 199.29 345.75 Td (our ) Tj ET Q q 0 0 0 rg BT 216.53 345.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 251.55 345.75 Td (other ) Tj ET Q q 0 0 0 rg BT 277.12 345.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 321.04 345.75 Td (\(in ) Tj ET Q q 0 0 0 rg BT 334.93 345.75 Td (millions, ) Tj ET Q q 0 0 0 rg BT 373.83 345.75 Td (unaudited\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 290.25 389.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 439.00 290.25 60.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.00 290.25 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.00 290.25 60.00 -16.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439 303.25 m 499 303.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499 303.25 m 503 303.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 303.25 m 563 303.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439 303.25 m 499 303.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439 290.25 m 499 290.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499 303.25 m 503 303.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 303.25 m 563 303.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 290.25 m 563 290.25 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 460.90 320.48 Td (Three Months Ended) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 307.48 Td (? Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 482.00 307.48 Td (March 31,) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 294.48 Td (? Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 459.60 294.48 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 523.60 294.48 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 278.87 Td (Google other revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.50 278.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.55 278.87 Td (3,207) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.50 278.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.55 278.87 Td (4,354) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 264.47 Td (Google other revenues as a percentage of Google segment revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.10 263.87 Td (13.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.60 263.87 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.10 263.87 Td (14.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.60 263.87 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 241.75 Td (Google other revenues consist primarily of revenues from:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 223.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 223.75 Td (Apps, ) Tj ET Q q 0 0 0 rg BT 113.85 223.75 Td (in-app ) Tj ET Q q 0 0 0 rg BT 144.43 223.75 Td (purchases, ) Tj ET Q q 0 0 0 rg BT 196.12 223.75 Td (and ) Tj ET Q q 0 0 0 rg BT 215.58 223.75 Td (digital ) Tj ET Q q 0 0 0 rg BT 244.49 223.75 Td (content ) Tj ET Q q 0 0 0 rg BT 280.07 223.75 Td (in ) Tj ET Q q 0 0 0 rg BT 290.63 223.75 Td (the ) Tj ET Q q 0 0 0 rg BT 307.31 223.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 342.34 223.75 Td (Play ) Tj ET Q q 0 0 0 rg BT 364.57 223.75 Td (store;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 211.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 211.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 120.52 211.75 Td (Cloud ) Tj ET Q q 0 0 0 rg BT 149.43 211.75 Td (of) Tj ET Q q 0 0 0 rg BT 157.59 211.75 Td (ferings; ) Tj ET Q q 0 0 0 rg BT 193.16 211.75 Td (and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 199.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 199.75 Td (Hardware.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 181.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 91.56 181.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 126.70 181.75 Td (other ) Tj ET Q q 0 0 0 rg BT 152.38 181.75 Td (revenues ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 196.41 181.75 Td (increased) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 239.76 181.75 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 242.65 181.75 Td ($1,147 ) Tj ET Q q 0 0 0 rg BT 276.13 181.75 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.47 181.75 Td ( ) Tj ET Q q 0 0 0 rg BT 307.36 181.75 Td (from ) Tj ET Q q 0 0 0 rg BT 330.25 181.75 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.04 181.75 Td (three ) Tj ET Q q 0 0 0 rg BT 372.72 181.75 Td (months ) Tj ET Q q 0 0 0 rg BT 408.41 181.75 Td (ended ) Tj ET Q q 0 0 0 rg BT 439.10 181.75 Td (March ) Tj ET Q q 0 0 0 rg BT 469.78 181.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 486.57 181.75 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.81 181.75 Td ( ) Tj ET Q q 0 0 0 rg BT 511.70 181.75 Td (to ) Tj ET Q q 0 0 0 rg BT 522.93 181.75 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.72 181.75 Td (three ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 169.75 Td (months ) Tj ET Q q 0 0 0 rg BT 84.99 169.75 Td (ended ) Tj ET Q q 0 0 0 rg BT 115.49 169.75 Td (March ) Tj ET Q q 0 0 0 rg BT 145.97 169.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 162.56 169.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 184.81 169.75 Td (. ) Tj ET Q q 0 0 0 rg BT 190.11 169.75 Td (The ) Tj ET Q q 0 0 0 rg BT 210.03 169.75 Td (growth ) Tj ET Q q 0 0 0 rg BT 242.74 169.75 Td (was ) Tj ET Q q 0 0 0 rg BT 263.22 169.75 Td (primarily ) Tj ET Q q 0 0 0 rg BT 303.69 169.75 Td (driven ) Tj ET Q q 0 0 0 rg BT 333.62 169.75 Td (by ) Tj ET Q q 0 0 0 rg BT 346.88 169.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 390.71 169.75 Td (from ) Tj ET Q q 0 0 0 rg BT 413.40 169.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 448.34 169.75 Td (Cloud ) Tj ET Q q 0 0 0 rg BT 477.17 169.75 Td (of) Tj ET Q q 0 0 0 rg BT 485.33 169.75 Td (ferings, ) Tj ET Q q 0 0 0 rg BT 520.81 169.75 Td (hardware ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 157.75 Td (sales, ) Tj ET Q q 0 0 0 rg BT 77.53 157.75 Td (and ) Tj ET Q q 0 0 0 rg BT 96.11 157.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 139.16 157.75 Td (from ) Tj ET Q q 0 0 0 rg BT 161.06 157.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 195.21 157.75 Td (Play) Tj ET Q q 0 0 0 rg BT 213.92 157.75 Td (, ) Tj ET Q q 0 0 0 rg BT 218.60 157.75 Td (largely ) Tj ET Q q 0 0 0 rg BT 249.96 157.75 Td (relating ) Tj ET Q q 0 0 0 rg BT 284.66 157.75 Td (to ) Tj ET Q q 0 0 0 rg BT 294.91 157.75 Td (in-app ) Tj ET Q q 0 0 0 rg BT 324.61 157.75 Td (purchases ) Tj ET Q q 0 0 0 rg BT 372.65 157.75 Td (\(revenues ) Tj ET Q q 0 0 0 rg BT 419.02 157.75 Td (which ) Tj ET Q q 0 0 0 rg BT 446.49 157.75 Td (we ) Tj ET Q q 0 0 0 rg BT 461.18 157.75 Td (recognize ) Tj ET Q q 0 0 0 rg BT 506.44 157.75 Td (net ) Tj ET Q q 0 0 0 rg BT 522.24 157.75 Td (of ) Tj ET Q q 0 0 0 rg BT 532.49 157.75 Td (payout ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 145.75 Td (to ) Tj ET Q q 0 0 0 rg BT 60.62 145.75 Td (developers\).) Tj ET Q endstream endobj 73 0 obj <>] /Rotate 0 /Contents 74 0 R>> endobj 74 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 53 767.1939453125 m 130.8271484375 767.1939453125 l s q 0 0 1 rg BT 53.00 768.62 Td (T) Tj ET Q q 0 0 1 rg BT 58.00 768.62 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.396078431372549 0.396078431372549 0.396078431372549 rg BT 494.20 768.62 Td (Alphabet Inc.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.40 31.25 Td (34) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 72.00 741.75 Td (Other ) Tj ET Q q 0 0 0 rg BT 101.45 741.75 Td (Bets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 723.75 Td (The ) Tj ET Q q 0 0 0 rg BT 93.51 723.75 Td (following ) Tj ET Q q 0 0 0 rg BT 135.20 723.75 Td (table ) Tj ET Q q 0 0 0 rg BT 159.66 723.75 Td (presents ) Tj ET Q q 0 0 0 rg BT 200.79 723.75 Td (our ) Tj ET Q q 0 0 0 rg BT 218.03 723.75 Td (Other ) Tj ET Q q 0 0 0 rg BT 245.81 723.75 Td (Bets ) Tj ET Q q 0 0 0 rg BT 268.60 723.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 312.52 723.75 Td (\(in ) Tj ET Q q 0 0 0 rg BT 326.41 723.75 Td (millions, ) Tj ET Q q 0 0 0 rg BT 365.31 723.75 Td (unaudited\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 665.25 389.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 439.00 665.25 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.00 665.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.00 665.25 60.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439 679.25 m 499 679.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499 679.25 m 503 679.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 679.25 m 563 679.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439 679.25 m 499 679.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439 665.25 m 499 665.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499 679.25 m 503 679.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 679.25 m 563 679.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 665.25 m 563 665.25 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 697.48 Td (? Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 460.90 697.48 Td (Three Months Ended) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 482.00 683.48 Td (March 31,) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 669.48 Td (? Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 459.60 669.48 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 523.60 669.48 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 655.47 Td (Other Bets revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.50 655.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.90 655.47 Td (132) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.50 655.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.90 655.47 Td (150) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 641.47 Td (Other Bets revenues as a percentage of total revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.65 640.87 Td (0.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.60 640.87 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.65 640.87 Td (0.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.60 640.87 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 618.75 Td (Other Bets revenues consist primarily of revenues and sales from internet and ) Tj ET Q q 0 0 0 rg BT 419.76 618.75 Td (TV services as well as licensing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 606.75 Td (and R&D services.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 588.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 90.91 588.75 Td (Other ) Tj ET Q q 0 0 0 rg BT 118.15 588.75 Td (Bets ) Tj ET Q q 0 0 0 rg BT 140.40 588.75 Td (revenues ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 183.77 588.75 Td (increased) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 227.13 588.75 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 229.37 588.75 Td ($18 ) Tj ET Q q 0 0 0 rg BT 248.29 588.75 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 276.63 588.75 Td ( ) Tj ET Q q 0 0 0 rg BT 278.86 588.75 Td (from ) Tj ET Q q 0 0 0 rg BT 301.10 588.75 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.23 588.75 Td (three ) Tj ET Q q 0 0 0 rg BT 342.26 588.75 Td (months ) Tj ET Q q 0 0 0 rg BT 377.29 588.75 Td (ended ) Tj ET Q q 0 0 0 rg BT 407.34 588.75 Td (March ) Tj ET Q q 0 0 0 rg BT 437.35 588.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 453.49 588.75 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.74 588.75 Td ( ) Tj ET Q q 0 0 0 rg BT 477.97 588.75 Td (to ) Tj ET Q q 0 0 0 rg BT 488.55 588.75 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.69 588.75 Td (three ) Tj ET Q q 0 0 0 rg BT 529.72 588.75 Td (months ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 576.75 Td (ended ) Tj ET Q q 0 0 0 rg BT 80.09 576.75 Td (March ) Tj ET Q q 0 0 0 rg BT 110.65 576.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 127.33 576.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 149.57 576.75 Td (. ) Tj ET Q q 0 0 0 rg BT 154.95 576.75 Td (The ) Tj ET Q q 0 0 0 rg BT 174.96 576.75 Td (growth ) Tj ET Q q 0 0 0 rg BT 207.75 576.75 Td (was ) Tj ET Q q 0 0 0 rg BT 228.31 576.75 Td (primarily ) Tj ET Q q 0 0 0 rg BT 268.87 576.75 Td (driven ) Tj ET Q q 0 0 0 rg BT 298.88 576.75 Td (by ) Tj ET Q q 0 0 0 rg BT 312.22 576.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 356.14 576.75 Td (from ) Tj ET Q q 0 0 0 rg BT 378.92 576.75 Td (sales ) Tj ET Q q 0 0 0 rg BT 405.04 576.75 Td (of ) Tj ET Q q 0 0 0 rg BT 415.61 576.75 Td (Access ) Tj ET Q q 0 0 0 rg BT 450.62 576.75 Td (internet ) Tj ET Q q 0 0 0 rg BT 486.75 576.75 Td (and ) Tj ET Q q 0 0 0 rg BT 506.03 576.75 Td (TV ) Tj ET Q q 0 0 0 rg BT 521.59 576.75 Td (services.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 558.75 Td (Revenues ) Tj ET Q q 0 0 0 rg BT 99.52 558.75 Td (by ) Tj ET Q q 0 0 0 rg BT 113.97 558.75 Td (Geography) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 541.75 Td (The ) Tj ET Q q 0 0 0 rg BT 93.12 541.75 Td (following ) Tj ET Q q 0 0 0 rg BT 134.42 541.75 Td (table ) Tj ET Q q 0 0 0 rg BT 158.49 541.75 Td (presents ) Tj ET Q q 0 0 0 rg BT 199.23 541.75 Td (our ) Tj ET Q q 0 0 0 rg BT 216.07 541.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 259.60 541.75 Td (by ) Tj ET Q q 0 0 0 rg BT 272.55 541.75 Td (geography ) Tj ET Q q 0 0 0 rg BT 322.20 541.75 Td (as ) Tj ET Q q 0 0 0 rg BT 335.15 541.75 Td (a ) Tj ET Q q 0 0 0 rg BT 343.09 541.75 Td (percentage ) Tj ET Q q 0 0 0 rg BT 395.52 541.75 Td (of ) Tj ET Q q 0 0 0 rg BT 406.25 541.75 Td (revenues, ) Tj ET Q q 0 0 0 rg BT 452.55 541.75 Td (determined ) Tj ET Q q 0 0 0 rg BT 504.97 541.75 Td (based ) Tj ET Q q 0 0 0 rg BT 534.60 541.75 Td (on ) Tj ET Q q 0 0 0 rg BT 548.11 541.75 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 529.75 Td (billing ) Tj ET Q q 0 0 0 rg BT 77.85 529.75 Td (addresses ) Tj ET Q q 0 0 0 rg BT 126.77 529.75 Td (of ) Tj ET Q q 0 0 0 rg BT 137.88 529.75 Td (our ) Tj ET Q q 0 0 0 rg BT 155.12 529.75 Td (customers ) Tj ET Q q 0 0 0 rg BT 204.02 529.75 Td (\(unaudited\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 474.25 389.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 439.00 474.25 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.00 474.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.00 474.25 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 446.25 389.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 439.00 446.25 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.00 446.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.00 446.25 60.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439 487.25 m 499 487.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499 487.25 m 503 487.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 487.25 m 563 487.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439 487.25 m 499 487.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439 474.25 m 499 474.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499 487.25 m 503 487.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 487.25 m 563 487.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 474.25 m 563 474.25 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 460.90 504.48 Td (Three Months Ended) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 491.48 Td (? Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 482.00 491.48 Td (March 31,) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 478.48 Td (? Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 459.60 478.48 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 523.60 478.48 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 464.47 Td (United States) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.45 464.47 Td (48) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.60 464.47 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.45 464.47 Td (45) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.60 464.47 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 450.47 Td (EMEA) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.45 450.47 Td (33) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.60 450.47 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.45 450.47 Td (34) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.60 450.47 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 436.47 Td (AP) Tj ET Q q 0 0 0 rg BT 65.10 436.47 Td (AC) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.45 436.47 Td (14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.60 436.47 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.45 436.47 Td (15) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.60 436.47 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 422.47 Td (Other ) Tj ET Q q 0 0 0 rg BT 79.74 422.47 Td (Americas) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.00 422.47 Td (5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.60 422.47 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.00 422.47 Td (6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.60 422.47 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 400.75 Td (For ) Tj ET Q q 0 0 0 rg BT 88.63 400.75 Td (the ) Tj ET Q q 0 0 0 rg BT 104.16 400.75 Td (amounts ) Tj ET Q q 0 0 0 rg BT 144.14 400.75 Td (of ) Tj ET Q q 0 0 0 rg BT 154.11 400.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 196.87 400.75 Td (by ) Tj ET Q q 0 0 0 rg BT 209.06 400.75 Td (geography) Tj ET Q q 0 0 0 rg BT 255.58 400.75 Td (, ) Tj ET Q q 0 0 0 rg BT 259.99 400.75 Td (see ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.74 400.75 Td (Note ) Tj ET Q q 0 0 0 rg BT 300.49 400.75 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.05 400.75 Td ( ) Tj ET Q q 0 0 0 rg BT 307.68 400.75 Td (of ) Tj ET Q q 0 0 0 rg BT 317.65 400.75 Td (the ) Tj ET Q q 0 0 0 rg BT 333.18 400.75 Td (Notes ) Tj ET Q q 0 0 0 rg BT 360.93 400.75 Td (to ) Tj ET Q q 0 0 0 rg BT 370.89 400.75 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 430.90 400.75 Td (Financial ) Tj ET Q q 0 0 0 rg BT 472.54 400.75 Td (Statements ) Tj ET Q q 0 0 0 rg BT 524.75 400.75 Td (included ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 388.75 Td (in ) Tj ET Q q 0 0 0 rg BT 60.06 388.75 Td (Part ) Tj ET Q q 0 0 0 rg BT 81.18 388.75 Td (I, ) Tj ET Q q 0 0 0 rg BT 89.51 388.75 Td (Item ) Tj ET Q q 0 0 0 rg BT 111.74 388.75 Td (1 ) Tj ET Q q 0 0 0 rg BT 120.08 388.75 Td (of ) Tj ET Q q 0 0 0 rg BT 131.20 388.75 Td (this ) Tj ET Q q 0 0 0 rg BT 149.54 388.75 Td (Quarterly ) Tj ET Q q 0 0 0 rg BT 193.44 388.75 Td (Report ) Tj ET Q q 0 0 0 rg BT 226.23 388.75 Td (on ) Tj ET Q q 0 0 0 rg BT 240.13 388.75 Td (Form ) Tj ET Q q 0 0 0 rg BT 266.24 388.75 Td (10-Q.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 72.00 370.75 Td (Use ) Tj ET Q q 0 0 0 rg BT 93.12 370.75 Td (of ) Tj ET Q q 0 0 0 rg BT 105.34 370.75 Td (Constant ) Tj ET Q q 0 0 0 rg BT 151.45 370.75 Td (Currency ) Tj ET Q q 0 0 0 rg BT 198.13 370.75 Td (Revenues ) Tj ET Q q 0 0 0 rg BT 248.16 370.75 Td (and ) Tj ET Q q 0 0 0 rg BT 268.71 370.75 Td (Constant ) Tj ET Q q 0 0 0 rg BT 314.82 370.75 Td (Currency ) Tj ET Q q 0 0 0 rg BT 361.51 370.75 Td (Revenue ) Tj ET Q q 0 0 0 rg BT 405.97 370.75 Td (Growth) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 352.75 Td (The ) Tj ET Q q 0 0 0 rg BT 92.23 352.75 Td (ef) Tj ET Q q 0 0 0 rg BT 100.39 352.75 Td (fect ) Tj ET Q q 0 0 0 rg BT 119.51 352.75 Td (of ) Tj ET Q q 0 0 0 rg BT 130.85 352.75 Td (currency ) Tj ET Q q 0 0 0 rg BT 172.20 352.75 Td (exchange ) Tj ET Q q 0 0 0 rg BT 218.57 352.75 Td (rates ) Tj ET Q q 0 0 0 rg BT 243.81 352.75 Td (on ) Tj ET Q q 0 0 0 rg BT 257.93 352.75 Td (our ) Tj ET Q q 0 0 0 rg BT 275.39 352.75 Td (business ) Tj ET Q q 0 0 0 rg BT 317.86 352.75 Td (is ) Tj ET Q q 0 0 0 rg BT 328.08 352.75 Td (an ) Tj ET Q q 0 0 0 rg BT 342.20 352.75 Td (important ) Tj ET Q q 0 0 0 rg BT 386.89 352.75 Td (factor ) Tj ET Q q 0 0 0 rg BT 414.90 352.75 Td (in ) Tj ET Q q 0 0 0 rg BT 425.69 352.75 Td (understanding ) Tj ET Q q 0 0 0 rg BT 492.07 352.75 Td (period ) Tj ET Q q 0 0 0 rg BT 522.87 352.75 Td (to ) Tj ET Q q 0 0 0 rg BT 534.21 352.75 Td (period ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 340.75 Td (comparisons. ) Tj ET Q q 0 0 0 rg BT 112.20 340.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 132.11 340.75 Td (international ) Tj ET Q q 0 0 0 rg BT 189.83 340.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 234.20 340.75 Td (are ) Tj ET Q q 0 0 0 rg BT 251.89 340.75 Td (favorably ) Tj ET Q q 0 0 0 rg BT 295.70 340.75 Td (af) Tj ET Q q 0 0 0 rg BT 303.86 340.75 Td (fected ) Tj ET Q q 0 0 0 rg BT 334.33 340.75 Td (as ) Tj ET Q q 0 0 0 rg BT 348.13 340.75 Td (the ) Tj ET Q q 0 0 0 rg BT 365.27 340.75 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 387.95 340.75 Td (dollar ) Tj ET Q q 0 0 0 rg BT 415.65 340.75 Td (weakens ) Tj ET Q q 0 0 0 rg BT 458.35 340.75 Td (relative ) Tj ET Q q 0 0 0 rg BT 493.82 340.75 Td (to ) Tj ET Q q 0 0 0 rg BT 505.40 340.75 Td (other ) Tj ET Q q 0 0 0 rg BT 531.42 340.75 Td (foreign ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 328.75 Td (currencies, ) Tj ET Q q 0 0 0 rg BT 100.09 328.75 Td (and ) Tj ET Q q 0 0 0 rg BT 118.45 328.75 Td (unfavorably ) Tj ET Q q 0 0 0 rg BT 171.83 328.75 Td (af) Tj ET Q q 0 0 0 rg BT 179.99 328.75 Td (fected ) Tj ET Q q 0 0 0 rg BT 208.91 328.75 Td (as ) Tj ET Q q 0 0 0 rg BT 221.15 328.75 Td (the ) Tj ET Q q 0 0 0 rg BT 236.73 328.75 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 257.86 328.75 Td (dollar ) Tj ET Q q 0 0 0 rg BT 284.00 328.75 Td (strengthens ) Tj ET Q q 0 0 0 rg BT 337.93 328.75 Td (relative ) Tj ET Q q 0 0 0 rg BT 371.85 328.75 Td (to ) Tj ET Q q 0 0 0 rg BT 381.87 328.75 Td (other ) Tj ET Q q 0 0 0 rg BT 406.34 328.75 Td (foreign ) Tj ET Q q 0 0 0 rg BT 438.60 328.75 Td (currencies. ) Tj ET Q q 0 0 0 rg BT 489.18 328.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 507.53 328.75 Td (international ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 316.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 93.42 316.75 Td (are ) Tj ET Q q 0 0 0 rg BT 110.65 316.75 Td (also ) Tj ET Q q 0 0 0 rg BT 131.77 316.75 Td (favorably ) Tj ET Q q 0 0 0 rg BT 175.13 316.75 Td (af) Tj ET Q q 0 0 0 rg BT 183.28 316.75 Td (fected ) Tj ET Q q 0 0 0 rg BT 213.30 316.75 Td (by ) Tj ET Q q 0 0 0 rg BT 226.64 316.75 Td (net ) Tj ET Q q 0 0 0 rg BT 243.32 316.75 Td (hedging ) Tj ET Q q 0 0 0 rg BT 281.69 316.75 Td (gains ) Tj ET Q q 0 0 0 rg BT 308.38 316.75 Td (and ) Tj ET Q q 0 0 0 rg BT 327.84 316.75 Td (unfavorably ) Tj ET Q q 0 0 0 rg BT 382.32 316.75 Td (af) Tj ET Q q 0 0 0 rg BT 390.48 316.75 Td (fected ) Tj ET Q q 0 0 0 rg BT 420.50 316.75 Td (by ) Tj ET Q q 0 0 0 rg BT 433.84 316.75 Td (net ) Tj ET Q q 0 0 0 rg BT 450.52 316.75 Td (hedging ) Tj ET Q q 0 0 0 rg BT 488.88 316.75 Td (losses.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 298.75 Td (W) Tj ET Q q 0 0 0 rg BT 81.26 298.75 Td (e ) Tj ET Q q 0 0 0 rg BT 88.29 298.75 Td (use ) Tj ET Q q 0 0 0 rg BT 105.89 298.75 Td (non-GAAP) Tj ET Q q 0 0 0 rg BT 153.51 298.75 Td ( ) Tj ET Q q 0 0 0 rg BT 154.99 298.75 Td (constant ) Tj ET Q q 0 0 0 rg BT 194.27 298.75 Td (currency ) Tj ET Q q 0 0 0 rg BT 234.08 298.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 276.70 298.75 Td (and ) Tj ET Q q 0 0 0 rg BT 294.86 298.75 Td (constant ) Tj ET Q q 0 0 0 rg BT 334.13 298.75 Td (currency ) Tj ET Q q 0 0 0 rg BT 373.95 298.75 Td (revenue ) Tj ET Q q 0 0 0 rg BT 411.57 298.75 Td (growth ) Tj ET Q q 0 0 0 rg BT 443.05 298.75 Td (for ) Tj ET Q q 0 0 0 rg BT 456.20 298.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 494.36 298.75 Td (and ) Tj ET Q q 0 0 0 rg BT 512.52 298.75 Td (operational ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 286.75 Td (decision-making ) Tj ET Q q 0 0 0 rg BT 124.19 286.75 Td (and ) Tj ET Q q 0 0 0 rg BT 143.31 286.75 Td (as ) Tj ET Q q 0 0 0 rg BT 156.30 286.75 Td (a means ) Tj ET Q q 0 0 0 rg BT 197.09 286.75 Td (to ) Tj ET Q q 0 0 0 rg BT 207.86 286.75 Td (evaluate ) Tj ET Q q 0 0 0 rg BT 248.11 286.75 Td (period-to-period ) Tj ET Q q 0 0 0 rg BT 321.13 286.75 Td (comparisons. ) Tj ET Q q 0 0 0 rg BT 383.04 286.75 Td (W) Tj ET Q q 0 0 0 rg BT 392.29 286.75 Td (e ) Tj ET Q q 0 0 0 rg BT 400.29 286.75 Td (believe ) Tj ET Q q 0 0 0 rg BT 434.41 286.75 Td (the ) Tj ET Q q 0 0 0 rg BT 450.75 286.75 Td (presentation ) Tj ET Q q 0 0 0 rg BT 508.22 286.75 Td (of ) Tj ET Q q 0 0 0 rg BT 518.99 286.75 Td (results ) Tj ET Q q 0 0 0 rg BT 550.88 286.75 Td (on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 274.75 Td (a ) Tj ET Q q 0 0 0 rg BT 57.03 274.75 Td (constant ) Tj ET Q q 0 0 0 rg BT 96.81 274.75 Td (currency ) Tj ET Q q 0 0 0 rg BT 137.13 274.75 Td (basis ) Tj ET Q q 0 0 0 rg BT 162.44 274.75 Td (in ) Tj ET Q q 0 0 0 rg BT 172.20 274.75 Td (addition ) Tj ET Q q 0 0 0 rg BT 209.20 274.75 Td (to ) Tj ET Q q 0 0 0 rg BT 219.51 274.75 Td (GAAP) Tj ET Q q 0 0 0 rg BT 247.12 274.75 Td ( ) Tj ET Q q 0 0 0 rg BT 249.09 274.75 Td (results ) Tj ET Q q 0 0 0 rg BT 280.52 274.75 Td (helps ) Tj ET Q q 0 0 0 rg BT 306.40 274.75 Td (improve ) Tj ET Q q 0 0 0 rg BT 343.94 274.75 Td (the ) Tj ET Q q 0 0 0 rg BT 359.81 274.75 Td (ability ) Tj ET Q q 0 0 0 rg BT 387.35 274.75 Td (to ) Tj ET Q q 0 0 0 rg BT 397.66 274.75 Td (understand ) Tj ET Q q 0 0 0 rg BT 449.68 274.75 Td (our ) Tj ET Q q 0 0 0 rg BT 466.10 274.75 Td (performance ) Tj ET Q q 0 0 0 rg BT 524.21 274.75 Td (because ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 262.75 Td (they ) Tj ET Q q 0 0 0 rg BT 71.18 262.75 Td (exclude ) Tj ET Q q 0 0 0 rg BT 108.43 262.75 Td (the ) Tj ET Q q 0 0 0 rg BT 125.11 262.75 Td (ef) Tj ET Q q 0 0 0 rg BT 133.26 262.75 Td (fects ) Tj ET Q q 0 0 0 rg BT 157.16 262.75 Td (of ) Tj ET Q q 0 0 0 rg BT 168.28 262.75 Td (foreign ) Tj ET Q q 0 0 0 rg BT 201.63 262.75 Td (currency ) Tj ET Q q 0 0 0 rg BT 242.76 262.75 Td (volatility ) Tj ET Q q 0 0 0 rg BT 281.10 262.75 Td (that ) Tj ET Q q 0 0 0 rg BT 300.56 262.75 Td (are ) Tj ET Q q 0 0 0 rg BT 317.79 262.75 Td (not ) Tj ET Q q 0 0 0 rg BT 334.47 262.75 Td (indicative ) Tj ET Q q 0 0 0 rg BT 378.94 262.75 Td (of ) Tj ET Q q 0 0 0 rg BT 390.06 262.75 Td (our ) Tj ET Q q 0 0 0 rg BT 407.29 262.75 Td (core ) Tj ET Q q 0 0 0 rg BT 429.52 262.75 Td (operating ) Tj ET Q q 0 0 0 rg BT 474.00 262.75 Td (results.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 244.75 Td (Constant ) Tj ET Q q 0 0 0 rg BT 115.17 244.75 Td (currency ) Tj ET Q q 0 0 0 rg BT 156.66 244.75 Td (information ) Tj ET Q q 0 0 0 rg BT 209.27 244.75 Td (compares ) Tj ET Q q 0 0 0 rg BT 256.32 244.75 Td (results ) Tj ET Q q 0 0 0 rg BT 288.91 244.75 Td (between ) Tj ET Q q 0 0 0 rg BT 329.86 244.75 Td (periods ) Tj ET Q q 0 0 0 rg BT 365.80 244.75 Td (as ) Tj ET Q q 0 0 0 rg BT 379.51 244.75 Td (if ) Tj ET Q q 0 0 0 rg BT 387.65 244.75 Td (exchange ) Tj ET Q q 0 0 0 rg BT 434.16 244.75 Td (rates ) Tj ET Q q 0 0 0 rg BT 459.54 244.75 Td (had ) Tj ET Q q 0 0 0 rg BT 479.37 244.75 Td (remained ) Tj ET Q q 0 0 0 rg BT 524.20 244.75 Td (constant ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 232.75 Td (period ) Tj ET Q q 0 0 0 rg BT 79.92 232.75 Td (over ) Tj ET Q q 0 0 0 rg BT 102.00 232.75 Td (period. ) Tj ET Q q 0 0 0 rg BT 135.21 232.75 Td (W) Tj ET Q q 0 0 0 rg BT 144.46 232.75 Td (e ) Tj ET Q q 0 0 0 rg BT 152.65 232.75 Td (define ) Tj ET Q q 0 0 0 rg BT 182.52 232.75 Td (constant ) Tj ET Q q 0 0 0 rg BT 222.95 232.75 Td (currency ) Tj ET Q q 0 0 0 rg BT 263.93 232.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 307.69 232.75 Td (as ) Tj ET Q q 0 0 0 rg BT 320.88 232.75 Td (total ) Tj ET Q q 0 0 0 rg BT 342.41 232.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 386.17 232.75 Td (excluding ) Tj ET Q q 0 0 0 rg BT 431.05 232.75 Td (the ) Tj ET Q q 0 0 0 rg BT 447.57 232.75 Td (ef) Tj ET Q q 0 0 0 rg BT 455.73 232.75 Td (fect ) Tj ET Q q 0 0 0 rg BT 474.48 232.75 Td (of ) Tj ET Q q 0 0 0 rg BT 485.44 232.75 Td (foreign ) Tj ET Q q 0 0 0 rg BT 518.65 232.75 Td (exchange ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 220.75 Td (rate ) Tj ET Q q 0 0 0 rg BT 69.64 220.75 Td (movements ) Tj ET Q q 0 0 0 rg BT 124.23 220.75 Td (and ) Tj ET Q q 0 0 0 rg BT 143.83 220.75 Td (hedging ) Tj ET Q q 0 0 0 rg BT 182.33 220.75 Td (activities, ) Tj ET Q q 0 0 0 rg BT 226.36 220.75 Td (and ) Tj ET Q q 0 0 0 rg BT 245.95 220.75 Td (use ) Tj ET Q q 0 0 0 rg BT 264.98 220.75 Td (it ) Tj ET Q q 0 0 0 rg BT 272.89 220.75 Td (to ) Tj ET Q q 0 0 0 rg BT 284.14 220.75 Td (determine ) Tj ET Q q 0 0 0 rg BT 331.52 220.75 Td (the ) Tj ET Q q 0 0 0 rg BT 348.33 220.75 Td (constant ) Tj ET Q q 0 0 0 rg BT 389.04 220.75 Td (currency ) Tj ET Q q 0 0 0 rg BT 430.29 220.75 Td (revenue ) Tj ET Q q 0 0 0 rg BT 469.34 220.75 Td (growth ) Tj ET Q q 0 0 0 rg BT 502.26 220.75 Td (on ) Tj ET Q q 0 0 0 rg BT 516.29 220.75 Td (a ) Tj ET Q q 0 0 0 rg BT 524.76 220.75 Td (year-on-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 208.75 Td (year ) Tj ET Q q 0 0 0 rg BT 73.20 208.75 Td (basis. ) Tj ET Q q 0 0 0 rg BT 103.57 208.75 Td (Constant ) Tj ET Q q 0 0 0 rg BT 147.84 208.75 Td (currency ) Tj ET Q q 0 0 0 rg BT 190.44 208.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 235.82 208.75 Td (are ) Tj ET Q q 0 0 0 rg BT 254.52 208.75 Td (calculated ) Tj ET Q q 0 0 0 rg BT 303.80 208.75 Td (by ) Tj ET Q q 0 0 0 rg BT 318.61 208.75 Td (translating ) Tj ET Q q 0 0 0 rg BT 368.99 208.75 Td (current ) Tj ET Q q 0 0 0 rg BT 404.36 208.75 Td (period ) Tj ET Q q 0 0 0 rg BT 436.41 208.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 481.79 208.75 Td (using ) Tj ET Q q 0 0 0 rg BT 509.95 208.75 Td (prior ) Tj ET Q q 0 0 0 rg BT 534.20 208.75 Td (period ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 196.75 Td (exchange ) Tj ET Q q 0 0 0 rg BT 95.65 196.75 Td (rates, ) Tj ET Q q 0 0 0 rg BT 123.44 196.75 Td (as ) Tj ET Q q 0 0 0 rg BT 136.78 196.75 Td (well ) Tj ET Q q 0 0 0 rg BT 156.78 196.75 Td (as ) Tj ET Q q 0 0 0 rg BT 170.12 196.75 Td (excluding ) Tj ET Q q 0 0 0 rg BT 215.15 196.75 Td (any ) Tj ET Q q 0 0 0 rg BT 234.05 196.75 Td (hedging ) Tj ET Q q 0 0 0 rg BT 272.42 196.75 Td (ef) Tj ET Q q 0 0 0 rg BT 280.58 196.75 Td (fects ) Tj ET Q q 0 0 0 rg BT 304.48 196.75 Td (realized ) Tj ET Q q 0 0 0 rg BT 342.27 196.75 Td (in ) Tj ET Q q 0 0 0 rg BT 352.83 196.75 Td (the ) Tj ET Q q 0 0 0 rg BT 369.51 196.75 Td (current ) Tj ET Q q 0 0 0 rg BT 403.42 196.75 Td (period.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 178.75 Td (Constant ) Tj ET Q q 0 0 0 rg BT 115.74 178.75 Td (currency ) Tj ET Q q 0 0 0 rg BT 157.79 178.75 Td (revenue ) Tj ET Q q 0 0 0 rg BT 197.65 178.75 Td (growth ) Tj ET Q q 0 0 0 rg BT 231.37 178.75 Td (\(expressed ) Tj ET Q q 0 0 0 rg BT 284.55 178.75 Td (as ) Tj ET Q q 0 0 0 rg BT 298.83 178.75 Td (a ) Tj ET Q q 0 0 0 rg BT 308.10 178.75 Td (percentage\) ) Tj ET Q q 0 0 0 rg BT 365.18 178.75 Td (is ) Tj ET Q q 0 0 0 rg BT 376.12 178.75 Td (calculated ) Tj ET Q q 0 0 0 rg BT 424.86 178.75 Td (by ) Tj ET Q q 0 0 0 rg BT 439.14 178.75 Td (determining ) Tj ET Q q 0 0 0 rg BT 495.10 178.75 Td (the ) Tj ET Q q 0 0 0 rg BT 512.71 178.75 Td (increase ) Tj ET Q q 0 0 0 rg BT 554.22 178.75 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 166.75 Td (current ) Tj ET Q q 0 0 0 rg BT 84.16 166.75 Td (period ) Tj ET Q q 0 0 0 rg BT 115.49 166.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 160.16 166.75 Td (over ) Tj ET Q q 0 0 0 rg BT 183.15 166.75 Td (prior ) Tj ET Q q 0 0 0 rg BT 206.69 166.75 Td (period ) Tj ET Q q 0 0 0 rg BT 238.02 166.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 282.69 166.75 Td (where ) Tj ET Q q 0 0 0 rg BT 313.46 166.75 Td (current ) Tj ET Q q 0 0 0 rg BT 348.12 166.75 Td (period ) Tj ET Q q 0 0 0 rg BT 379.45 166.75 Td (foreign ) Tj ET Q q 0 0 0 rg BT 413.56 166.75 Td (currency ) Tj ET Q q 0 0 0 rg BT 455.44 166.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 500.11 166.75 Td (are ) Tj ET Q q 0 0 0 rg BT 518.10 166.75 Td (translated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 154.75 Td (using ) Tj ET Q q 0 0 0 rg BT 76.18 154.75 Td (prior ) Tj ET Q q 0 0 0 rg BT 98.97 154.75 Td (period ) Tj ET Q q 0 0 0 rg BT 129.54 154.75 Td (exchange ) Tj ET Q q 0 0 0 rg BT 175.69 154.75 Td (rates ) Tj ET Q q 0 0 0 rg BT 200.70 154.75 Td (and ) Tj ET Q q 0 0 0 rg BT 220.16 154.75 Td (hedging ) Tj ET Q q 0 0 0 rg BT 258.53 154.75 Td (ef) Tj ET Q q 0 0 0 rg BT 266.69 154.75 Td (fects ) Tj ET Q q 0 0 0 rg BT 290.59 154.75 Td (are ) Tj ET Q q 0 0 0 rg BT 307.82 154.75 Td (excluded ) Tj ET Q q 0 0 0 rg BT 350.63 154.75 Td (from ) Tj ET Q q 0 0 0 rg BT 373.41 154.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 417.32 154.75 Td (of ) Tj ET Q q 0 0 0 rg BT 428.44 154.75 Td (both ) Tj ET Q q 0 0 0 rg BT 450.68 154.75 Td (periods.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 136.75 Td (These ) Tj ET Q q 0 0 0 rg BT 103.24 136.75 Td (results ) Tj ET Q q 0 0 0 rg BT 136.14 136.75 Td (should ) Tj ET Q q 0 0 0 rg BT 169.06 136.75 Td (be ) Tj ET Q q 0 0 0 rg BT 183.63 136.75 Td (considered ) Tj ET Q q 0 0 0 rg BT 236.00 136.75 Td (in ) Tj ET Q q 0 0 0 rg BT 247.23 136.75 Td (addition ) Tj ET Q q 0 0 0 rg BT 285.71 136.75 Td (to, ) Tj ET Q q 0 0 0 rg BT 300.27 136.75 Td (not ) Tj ET Q q 0 0 0 rg BT 317.62 136.75 Td (as ) Tj ET Q q 0 0 0 rg BT 331.63 136.75 Td (a ) Tj ET Q q 0 0 0 rg BT 340.64 136.75 Td (substitute ) Tj ET Q q 0 0 0 rg BT 386.89 136.75 Td (for) Tj ET Q q 0 0 0 rg BT 398.01 136.75 Td (, ) Tj ET Q q 0 0 0 rg BT 404.24 136.75 Td (results ) Tj ET Q q 0 0 0 rg BT 437.14 136.75 Td (reported ) Tj ET Q q 0 0 0 rg BT 477.83 136.75 Td (in ) Tj ET Q q 0 0 0 rg BT 489.07 136.75 Td (accordance ) Tj ET Q q 0 0 0 rg BT 544.21 136.75 Td (with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 124.75 Td (GAAP) Tj ET Q q 0 0 0 rg BT 76.00 124.75 Td (. ) Tj ET Q q 0 0 0 rg BT 81.20 124.75 Td (Results ) Tj ET Q q 0 0 0 rg BT 116.96 124.75 Td (on ) Tj ET Q q 0 0 0 rg BT 130.51 124.75 Td (a ) Tj ET Q q 0 0 0 rg BT 138.49 124.75 Td (constant ) Tj ET Q q 0 0 0 rg BT 178.72 124.75 Td (currency ) Tj ET Q q 0 0 0 rg BT 219.48 124.75 Td (basis, ) Tj ET Q q 0 0 0 rg BT 248.03 124.75 Td (as ) Tj ET Q q 0 0 0 rg BT 261.01 124.75 Td (we ) Tj ET Q q 0 0 0 rg BT 276.21 124.75 Td (present ) Tj ET Q q 0 0 0 rg BT 311.99 124.75 Td (them, ) Tj ET Q q 0 0 0 rg BT 339.42 124.75 Td (may ) Tj ET Q q 0 0 0 rg BT 360.73 124.75 Td (not ) Tj ET Q q 0 0 0 rg BT 377.06 124.75 Td (be ) Tj ET Q q 0 0 0 rg BT 390.60 124.75 Td (comparable ) Tj ET Q q 0 0 0 rg BT 445.27 124.75 Td (to ) Tj ET Q q 0 0 0 rg BT 456.04 124.75 Td (similarly ) Tj ET Q q 0 0 0 rg BT 494.56 124.75 Td (titled ) Tj ET Q q 0 0 0 rg BT 518.11 124.75 Td (measures ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 112.75 Td (used ) Tj ET Q q 0 0 0 rg BT 73.96 112.75 Td (by ) Tj ET Q q 0 0 0 rg BT 87.30 112.75 Td (other ) Tj ET Q q 0 0 0 rg BT 112.87 112.75 Td (companies ) Tj ET Q q 0 0 0 rg BT 164.01 112.75 Td (and ) Tj ET Q q 0 0 0 rg BT 183.47 112.75 Td (are ) Tj ET Q q 0 0 0 rg BT 200.71 112.75 Td (not ) Tj ET Q q 0 0 0 rg BT 217.39 112.75 Td (a ) Tj ET Q q 0 0 0 rg BT 225.73 112.75 Td (measure ) Tj ET Q q 0 0 0 rg BT 267.41 112.75 Td (of ) Tj ET Q q 0 0 0 rg BT 278.53 112.75 Td (performance ) Tj ET Q q 0 0 0 rg BT 337.44 112.75 Td (presented ) Tj ET Q q 0 0 0 rg BT 384.70 112.75 Td (in ) Tj ET Q q 0 0 0 rg BT 395.26 112.75 Td (accordance ) Tj ET Q q 0 0 0 rg BT 449.74 112.75 Td (with ) Tj ET Q q 0 0 0 rg BT 470.30 112.75 Td (GAAP) Tj ET Q q 0 0 0 rg BT 496.80 112.75 Td (.) Tj ET Q endstream endobj 75 0 obj <>] /Rotate 0 /Contents 76 0 R>> endobj 76 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 53 767.1939453125 m 130.8271484375 767.1939453125 l s q 0 0 1 rg BT 53.00 768.62 Td (T) Tj ET Q q 0 0 1 rg BT 58.00 768.62 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.396078431372549 0.396078431372549 0.396078431372549 rg BT 494.20 768.62 Td (Alphabet Inc.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.40 31.25 Td (35) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 741.75 Td (The ) Tj ET Q q 0 0 0 rg BT 92.74 741.75 Td (following ) Tj ET Q q 0 0 0 rg BT 135.16 741.75 Td (table ) Tj ET Q q 0 0 0 rg BT 160.36 741.75 Td (presents ) Tj ET Q q 0 0 0 rg BT 202.22 741.75 Td (the ) Tj ET Q q 0 0 0 rg BT 219.64 741.75 Td (foreign ) Tj ET Q q 0 0 0 rg BT 253.72 741.75 Td (exchange ) Tj ET Q q 0 0 0 rg BT 300.60 741.75 Td (ef) Tj ET Q q 0 0 0 rg BT 308.76 741.75 Td (fect ) Tj ET Q q 0 0 0 rg BT 328.39 741.75 Td (on ) Tj ET Q q 0 0 0 rg BT 343.03 741.75 Td (our ) Tj ET Q q 0 0 0 rg BT 360.99 741.75 Td (international ) Tj ET Q q 0 0 0 rg BT 418.98 741.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 463.63 741.75 Td (and ) Tj ET Q q 0 0 0 rg BT 483.83 741.75 Td (total ) Tj ET Q q 0 0 0 rg BT 506.24 741.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 550.89 741.75 Td (\(in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 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Tf ET q 0 0 0 rg BT 505.50 423.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.55 423.87 Td (1,724) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 408.87 Td (Exclude foreign exchange ef) Tj ET Q q 0 0 0 rg BT 190.61 408.87 Td (fect on current period revenues using prior year rates) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.10 408.87 Td (\(77) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.60 408.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.10 408.87 Td (\(19) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.60 408.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 393.87 Td (Exclude hedging ef) Tj ET Q q 0 0 0 rg BT 149.38 393.87 Td (fect recognized in current period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.00 393.87 Td (0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.00 393.87 Td (7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 378.87 Td (Other ) Tj ET Q q 0 0 0 rg BT 80.01 378.87 Td (Americas constant currency revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.50 378.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.55 378.87 Td (1,194) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.50 378.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.55 378.87 Td (1,712) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 363.87 Td (Prior period Other ) Tj ET Q q 0 0 0 rg BT 134.48 363.87 Td (Americas revenues, excluding hedging ef) Tj ET Q q 0 0 0 rg BT 317.00 363.87 Td (fect) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.50 363.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.90 363.87 Td (924) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.50 363.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.55 363.87 Td (1,271) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 348.87 Td (Other ) Tj ET Q q 0 0 0 rg BT 80.01 348.87 Td (Americas revenue growth) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.45 348.87 Td (34) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.60 348.87 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.45 348.87 Td (36) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.60 348.87 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 333.87 Td (Other ) Tj ET Q q 0 0 0 rg BT 80.01 333.87 Td (Americas constant currency revenue growth) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.45 333.87 Td (29) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.60 333.87 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.45 333.87 Td (35) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.60 333.87 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 303.87 Td (United States revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.50 303.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.00 303.87 Td (1) Tj ET Q q 0 0 0 rg BT 464.56 303.87 Td (1,769) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.50 303.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.00 303.87 Td (14,144) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 288.87 Td (United States revenue growth) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.45 288.87 Td (25) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.60 288.87 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.45 288.87 Td (20) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.60 288.87 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 258.87 Td (T) Tj ET Q q 0 0 0 rg BT 58.05 258.87 Td (otal revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.50 258.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.00 258.87 Td (24,750) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.50 258.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.00 258.87 Td (31,146) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 243.87 Td (T) Tj ET Q q 0 0 0 rg BT 58.05 243.87 Td (otal constant currency revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.50 243.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.00 243.87 Td (24,837) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.50 243.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.00 243.87 Td (30,074) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 228.87 Td (T) Tj ET Q q 0 0 0 rg BT 58.05 228.87 Td (otal revenue growth) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.45 228.87 Td (22) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.60 228.87 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.45 228.87 Td (26) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.60 228.87 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 213.87 Td (T) Tj ET Q q 0 0 0 rg BT 57.50 213.87 Td (otal constant currency revenue growth) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.45 213.87 Td (24) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.60 213.87 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.45 213.87 Td (23) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.60 213.87 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 191.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 92.07 191.75 Td (EMEA) Tj ET Q q 0 0 0 rg BT 119.86 191.75 Td ( ) Tj ET Q q 0 0 0 rg BT 123.25 191.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 167.79 191.75 Td (for ) Tj ET Q q 0 0 0 rg BT 182.86 191.75 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 200.16 191.75 Td (three ) Tj ET Q q 0 0 0 rg BT 226.35 191.75 Td (months ) Tj ET Q q 0 0 0 rg BT 262.54 191.75 Td (ended ) Tj ET Q q 0 0 0 rg BT 293.75 191.75 Td (March ) Tj ET Q q 0 0 0 rg BT 324.93 191.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 342.23 191.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.48 191.75 Td ( ) Tj ET Q q 0 0 0 rg BT 367.87 191.75 Td (were ) Tj ET Q q 0 0 0 rg BT 392.95 191.75 Td (favorably ) Tj ET Q q 0 0 0 rg BT 436.92 191.75 Td (af) Tj ET Q q 0 0 0 rg BT 445.08 191.75 Td (fected ) Tj ET Q q 0 0 0 rg BT 475.72 191.75 Td (by ) Tj ET Q q 0 0 0 rg BT 489.68 191.75 Td (foreign ) Tj ET Q q 0 0 0 rg BT 523.66 191.75 Td (currency ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 179.75 Td (exchange ) Tj ET Q q 0 0 0 rg BT 95.71 179.75 Td (rates, ) Tj ET Q q 0 0 0 rg BT 123.56 179.75 Td (slightly ) Tj ET Q q 0 0 0 rg BT 156.97 179.75 Td (of) Tj ET Q q 0 0 0 rg BT 165.13 179.75 Td (fset ) Tj ET Q q 0 0 0 rg BT 184.09 179.75 Td (by ) Tj ET Q q 0 0 0 rg BT 197.50 179.75 Td (hedging ) Tj ET Q q 0 0 0 rg BT 235.93 179.75 Td (losses. ) Tj ET Q q 0 0 0 rg BT 269.71 179.75 Td (The ) Tj ET Q q 0 0 0 rg BT 289.78 179.75 Td (foreign ) Tj ET Q q 0 0 0 rg BT 323.20 179.75 Td (exchange ) Tj ET Q q 0 0 0 rg BT 369.41 179.75 Td (ef) Tj ET Q q 0 0 0 rg BT 377.57 179.75 Td (fect ) Tj ET Q q 0 0 0 rg BT 396.53 179.75 Td (was ) Tj ET Q q 0 0 0 rg BT 417.16 179.75 Td (due ) Tj ET Q q 0 0 0 rg BT 436.68 179.75 Td (to ) Tj ET Q q 0 0 0 rg BT 447.87 179.75 Td (the ) Tj ET Q q 0 0 0 rg BT 464.61 179.75 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 486.90 179.75 Td (dollar ) Tj ET Q q 0 0 0 rg BT 514.20 179.75 Td (weakening ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 167.75 Td (relative ) Tj ET Q q 0 0 0 rg BT 84.51 167.75 Td (to ) Tj ET Q q 0 0 0 rg BT 95.63 167.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 128.43 167.75 Td (currencies, ) Tj ET Q q 0 0 0 rg BT 180.11 167.75 Td (including ) Tj ET Q q 0 0 0 rg BT 222.36 167.75 Td (the ) Tj ET Q q 0 0 0 rg BT 239.04 167.75 Td (Euro ) Tj ET Q q 0 0 0 rg BT 262.94 167.75 Td (and ) Tj ET Q q 0 0 0 rg BT 282.41 167.75 Td (British ) Tj ET Q q 0 0 0 rg BT 312.97 167.75 Td (pound.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 149.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 90.79 149.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 134.05 149.75 Td (from ) Tj ET Q q 0 0 0 rg BT 155.76 149.75 Td (AP) Tj ET Q q 0 0 0 rg BT 168.35 149.75 Td (AC ) Tj ET Q q 0 0 0 rg BT 184.37 149.75 Td (for ) Tj ET Q q 0 0 0 rg BT 198.16 149.75 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 214.19 149.75 Td (three ) Tj ET Q q 0 0 0 rg BT 239.10 149.75 Td (months ) Tj ET Q q 0 0 0 rg BT 274.02 149.75 Td (ended ) Tj ET Q q 0 0 0 rg BT 303.95 149.75 Td (March ) Tj ET Q q 0 0 0 rg BT 333.85 149.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 349.88 149.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.12 149.75 Td ( ) Tj ET Q q 0 0 0 rg BT 374.25 149.75 Td (were ) Tj ET Q q 0 0 0 rg BT 398.05 149.75 Td (favorably ) Tj ET Q q 0 0 0 rg BT 440.74 149.75 Td (af) Tj ET Q q 0 0 0 rg BT 448.90 149.75 Td (fected ) Tj ET Q q 0 0 0 rg BT 478.27 149.75 Td (by ) Tj ET Q q 0 0 0 rg BT 490.95 149.75 Td (foreign ) Tj ET Q q 0 0 0 rg BT 523.65 149.75 Td (currency ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 137.75 Td (exchange ) Tj ET Q q 0 0 0 rg BT 95.71 137.75 Td (rates, ) Tj ET Q q 0 0 0 rg BT 123.56 137.75 Td (slightly ) Tj ET Q q 0 0 0 rg BT 156.97 137.75 Td (of) Tj ET Q q 0 0 0 rg BT 165.13 137.75 Td (fset ) Tj ET Q q 0 0 0 rg BT 184.09 137.75 Td (by ) Tj ET Q q 0 0 0 rg BT 197.50 137.75 Td (hedging ) Tj ET Q q 0 0 0 rg BT 235.93 137.75 Td (losses. ) Tj ET Q q 0 0 0 rg BT 269.71 137.75 Td (The ) Tj ET Q q 0 0 0 rg BT 289.78 137.75 Td (foreign ) Tj ET Q q 0 0 0 rg BT 323.20 137.75 Td (exchange ) Tj ET Q q 0 0 0 rg BT 369.41 137.75 Td (ef) Tj ET Q q 0 0 0 rg BT 377.57 137.75 Td (fect ) Tj ET Q q 0 0 0 rg BT 396.53 137.75 Td (was ) Tj ET Q q 0 0 0 rg BT 417.16 137.75 Td (due ) Tj ET Q q 0 0 0 rg BT 436.68 137.75 Td (to ) Tj ET Q q 0 0 0 rg BT 447.87 137.75 Td (the ) Tj ET Q q 0 0 0 rg BT 464.61 137.75 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 486.90 137.75 Td (dollar ) Tj ET Q q 0 0 0 rg BT 514.20 137.75 Td (weakening ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 125.75 Td (relative ) Tj ET Q q 0 0 0 rg BT 84.51 125.75 Td (to ) Tj ET Q q 0 0 0 rg BT 95.63 125.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 128.43 125.75 Td (currencies ) Tj ET Q q 0 0 0 rg BT 177.33 125.75 Td (including ) Tj ET Q q 0 0 0 rg BT 219.58 125.75 Td (the ) Tj ET Q q 0 0 0 rg BT 236.26 125.75 Td (Japanese ) Tj ET Q q 0 0 0 rg BT 282.41 125.75 Td (yen, ) Tj ET Q q 0 0 0 rg BT 303.54 125.75 Td (Australian ) Tj ET Q q 0 0 0 rg BT 350.78 125.75 Td (dollar) Tj ET Q q 0 0 0 rg BT 374.69 125.75 Td (, ) Tj ET Q q 0 0 0 rg BT 380.25 125.75 Td (South ) Tj ET Q q 0 0 0 rg BT 409.16 125.75 Td (Korean ) Tj ET Q q 0 0 0 rg BT 444.18 125.75 Td (won, ) Tj ET Q q 0 0 0 rg BT 468.08 125.75 Td (and ) Tj ET Q q 0 0 0 rg BT 487.55 125.75 Td (Indian ) Tj ET Q q 0 0 0 rg BT 517.57 125.75 Td (rupee.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 107.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 92.09 107.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 135.16 107.75 Td (from ) Tj ET Q q 0 0 0 rg BT 157.08 107.75 Td (Other ) Tj ET Q q 0 0 0 rg BT 183.63 107.75 Td (Americas ) Tj ET Q q 0 0 0 rg BT 227.23 107.75 Td (for ) Tj ET Q q 0 0 0 rg BT 240.82 107.75 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 256.65 107.75 Td (three ) Tj ET Q q 0 0 0 rg BT 281.36 107.75 Td (months ) Tj ET Q q 0 0 0 rg BT 316.08 107.75 Td (ended ) Tj ET Q q 0 0 0 rg BT 345.81 107.75 Td (March ) Tj ET Q q 0 0 0 rg BT 375.52 107.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 391.35 107.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.59 107.75 Td ( ) Tj ET Q q 0 0 0 rg BT 415.52 107.75 Td (were ) Tj ET Q q 0 0 0 rg BT 439.11 107.75 Td (favorably ) Tj ET Q q 0 0 0 rg BT 481.61 107.75 Td (af) Tj ET Q q 0 0 0 rg BT 489.77 107.75 Td (fected ) Tj ET Q q 0 0 0 rg BT 518.94 107.75 Td (by ) Tj ET Q q 0 0 0 rg BT 531.42 107.75 Td (foreign ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 95.75 Td (currency ) Tj ET Q q 0 0 0 rg BT 91.25 95.75 Td (exchange ) Tj ET Q q 0 0 0 rg BT 138.02 95.75 Td (rates, ) Tj ET Q q 0 0 0 rg BT 166.43 95.75 Td (slightly ) Tj ET Q q 0 0 0 rg BT 200.39 95.75 Td (of) Tj ET Q q 0 0 0 rg BT 208.55 95.75 Td (fset ) Tj ET Q q 0 0 0 rg BT 228.07 95.75 Td (by ) Tj ET Q q 0 0 0 rg BT 242.03 95.75 Td (hedging ) Tj ET Q q 0 0 0 rg BT 281.03 95.75 Td (losses. ) Tj ET Q q 0 0 0 rg BT 315.33 95.75 Td (The ) Tj ET Q q 0 0 0 rg BT 335.96 95.75 Td (foreign ) Tj ET Q q 0 0 0 rg BT 369.94 95.75 Td (exchange ) Tj ET Q q 0 0 0 rg BT 416.71 95.75 Td (ef) Tj ET Q q 0 0 0 rg BT 424.87 95.75 Td (fect ) Tj ET Q q 0 0 0 rg BT 444.39 95.75 Td (was ) Tj ET Q q 0 0 0 rg BT 465.57 95.75 Td (due ) Tj ET Q q 0 0 0 rg BT 485.66 95.75 Td (to ) Tj ET Q q 0 0 0 rg BT 497.40 95.75 Td (the ) Tj ET Q q 0 0 0 rg BT 514.70 95.75 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 537.55 95.75 Td (dollar ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 83.75 Td (weakening ) Tj ET Q q 0 0 0 rg BT 99.00 83.75 Td (relative ) Tj ET Q q 0 0 0 rg BT 132.92 83.75 Td (to ) Tj ET Q q 0 0 0 rg BT 142.94 83.75 Td (the ) Tj ET Q q 0 0 0 rg BT 158.53 83.75 Td (Canadian ) Tj ET Q q 0 0 0 rg BT 203.03 83.75 Td (dollar ) Tj ET Q q 0 0 0 rg BT 229.17 83.75 Td (and ) Tj ET Q q 0 0 0 rg BT 247.54 83.75 Td (Mexican ) Tj ET Q q 0 0 0 rg BT 286.46 83.75 Td (peso, ) Tj ET Q q 0 0 0 rg BT 312.61 83.75 Td (partially ) Tj ET Q q 0 0 0 rg BT 348.75 83.75 Td (of) Tj ET Q q 0 0 0 rg BT 356.91 83.75 Td (fset ) Tj ET Q q 0 0 0 rg BT 374.72 83.75 Td (by ) Tj ET Q q 0 0 0 rg BT 386.96 83.75 Td (the ) Tj ET Q q 0 0 0 rg BT 402.55 83.75 Td (ef) Tj ET Q q 0 0 0 rg BT 410.71 83.75 Td (fect ) Tj ET Q q 0 0 0 rg BT 428.51 83.75 Td (of ) Tj ET Q q 0 0 0 rg BT 438.54 83.75 Td (the ) Tj ET Q q 0 0 0 rg BT 454.12 83.75 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 475.26 83.75 Td (dollar ) Tj ET Q q 0 0 0 rg BT 501.40 83.75 Td (strengthening ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 71.75 Td (relative ) Tj ET Q q 0 0 0 rg BT 84.51 71.75 Td (to ) Tj ET Q q 0 0 0 rg BT 95.63 71.75 Td (the ) Tj ET Q q 0 0 0 rg BT 111.76 71.75 Td (Argentine ) Tj ET Q q 0 0 0 rg BT 157.35 71.75 Td (peso.) Tj ET Q endstream endobj 77 0 obj <>] /Rotate 0 /Contents 78 0 R>> endobj 78 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 53 767.1939453125 m 130.8271484375 767.1939453125 l s q 0 0 1 rg BT 53.00 768.62 Td (T) Tj ET Q q 0 0 1 rg BT 58.00 768.62 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.396078431372549 0.396078431372549 0.396078431372549 rg BT 494.20 768.62 Td (Alphabet Inc.) 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