paying short dated debt with long dated debt is one of the several ways of printing money. literally kicking the can down the road. also, it's quite interesting that alphabet is having problems with debt. "funding" debt obligations not development i'd say. also, i am 110% certain that alphabet won't exist in 30 years let alone 100. almost nothing will exist in 30 years that exists today. i won't go into that subject though, but something definitely odd about this story.