Instead of breaking it apart, which would cause extraneous expenses, turn it into a non profit: Pay out all creditors (regardless of immediacy of the debt), executives and shareholders in the process. Then turn it into a non-profit with a primary purpose of "furthering the public access to knowledge of mankind in any suitable manner, including web search and cloud computing".

Love the idea. Also let's put "do no evil" back as part of the company mission

Do no evil has been replaced by abide by both the letter and the spirit of the law: "We rely on one another’s good judgment to uphold a high standard of integrity for ourselves and our company. Each of us should be guided by both the letter and the spirit of this Code."

Why would there be independent shareholders? If I own GOOG today I should be entitled to an equivalent share of all its parts when broken up.

You would be given those shares yes.

Android and Chrome do not make any money directly themselves and you ignored Google's core business, advertising.