diff --git a/CHANGELOG.md b/CHANGELOG.md
index a3f7b3d1..68a82431 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,12 @@
 # Changelog
 
+## [2.3.2](https://github.com/googleapis/java-billing/compare/v2.3.1...v2.3.2) (2022-09-10)
+
+
+### Dependencies
+
+* Update dependency com.google.cloud:google-cloud-shared-dependencies to v3.0.2 ([#698](https://github.com/googleapis/java-billing/issues/698)) ([5cd9e7c](https://github.com/googleapis/java-billing/commit/5cd9e7c4a11fdf9ff8b0d45cd107c90aa3cb0547))
+
 ## [2.3.1](https://github.com/googleapis/java-billing/compare/v2.3.0...v2.3.1) (2022-08-02)
 
 
diff --git a/google-cloud-billing-bom/pom.xml b/google-cloud-billing-bom/pom.xml
index 7ff0dd4e..52992d2b 100644
--- a/google-cloud-billing-bom/pom.xml
+++ b/google-cloud-billing-bom/pom.xml
@@ -3,7 +3,7 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.cloud</groupId>
   <artifactId>google-cloud-billing-bom</artifactId>
-  <version>2.3.2-SNAPSHOT</version><!-- {x-version-update:google-cloud-billing:current} -->
+  <version>2.3.2</version><!-- {x-version-update:google-cloud-billing:current} -->
   <packaging>pom</packaging>
   <parent>
     <groupId>com.google.cloud</groupId>
@@ -52,17 +52,17 @@
       <dependency>
         <groupId>com.google.cloud</groupId>
         <artifactId>google-cloud-billing</artifactId>
-        <version>2.3.2-SNAPSHOT</version><!-- {x-version-update:google-cloud-billing:current} -->
+        <version>2.3.2</version><!-- {x-version-update:google-cloud-billing:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>grpc-google-cloud-billing-v1</artifactId>
-        <version>2.3.2-SNAPSHOT</version><!-- {x-version-update:grpc-google-cloud-billing-v1:current} -->
+        <version>2.3.2</version><!-- {x-version-update:grpc-google-cloud-billing-v1:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>proto-google-cloud-billing-v1</artifactId>
-        <version>2.3.2-SNAPSHOT</version><!-- {x-version-update:proto-google-cloud-billing-v1:current} -->
+        <version>2.3.2</version><!-- {x-version-update:proto-google-cloud-billing-v1:current} -->
       </dependency>
     </dependencies>
   </dependencyManagement>
diff --git a/google-cloud-billing/pom.xml b/google-cloud-billing/pom.xml
index 230ce0e5..54bf068d 100644
--- a/google-cloud-billing/pom.xml
+++ b/google-cloud-billing/pom.xml
@@ -3,7 +3,7 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.cloud</groupId>
   <artifactId>google-cloud-billing</artifactId>
-  <version>2.3.2-SNAPSHOT</version><!-- {x-version-update:google-cloud-billing:current} -->
+  <version>2.3.2</version><!-- {x-version-update:google-cloud-billing:current} -->
   <packaging>jar</packaging>
   <name>Google Cloud Billing</name>
   <url>https://github.com/googleapis/java-billing</url>
@@ -11,7 +11,7 @@
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-billing-parent</artifactId>
-    <version>2.3.2-SNAPSHOT</version><!-- {x-version-update:google-cloud-billing:current} -->
+    <version>2.3.2</version><!-- {x-version-update:google-cloud-billing:current} -->
   </parent>
   <properties>
     <site.installationModule>google-cloud-billing</site.installationModule>
diff --git a/grpc-google-cloud-billing-v1/pom.xml b/grpc-google-cloud-billing-v1/pom.xml
index 8da3a915..c21a830a 100644
--- a/grpc-google-cloud-billing-v1/pom.xml
+++ b/grpc-google-cloud-billing-v1/pom.xml
@@ -4,13 +4,13 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.api.grpc</groupId>
   <artifactId>grpc-google-cloud-billing-v1</artifactId>
-  <version>2.3.2-SNAPSHOT</version><!-- {x-version-update:grpc-google-cloud-billing-v1:current} -->
+  <version>2.3.2</version><!-- {x-version-update:grpc-google-cloud-billing-v1:current} -->
   <name>grpc-google-cloud-billing-v1</name>
   <description>GRPC library for grpc-google-cloud-billing-v1</description>
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-billing-parent</artifactId>
-    <version>2.3.2-SNAPSHOT</version><!-- {x-version-update:google-cloud-billing:current} -->
+    <version>2.3.2</version><!-- {x-version-update:google-cloud-billing:current} -->
   </parent>
   <dependencies>
     <dependency>
diff --git a/pom.xml b/pom.xml
index e384fd43..72f566b8 100644
--- a/pom.xml
+++ b/pom.xml
@@ -4,7 +4,7 @@
   <groupId>com.google.cloud</groupId>
   <artifactId>google-cloud-billing-parent</artifactId>
   <packaging>pom</packaging>
-  <version>2.3.2-SNAPSHOT</version><!-- {x-version-update:google-cloud-billing:current} -->
+  <version>2.3.2</version><!-- {x-version-update:google-cloud-billing:current} -->
   <name>Google Cloud Billing Parent</name>
   <url>https://github.com/googleapis/java-billing</url>
   <description>
@@ -61,17 +61,17 @@
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>proto-google-cloud-billing-v1</artifactId>
-        <version>2.3.2-SNAPSHOT</version><!-- {x-version-update:proto-google-cloud-billing-v1:current} -->
+        <version>2.3.2</version><!-- {x-version-update:proto-google-cloud-billing-v1:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>grpc-google-cloud-billing-v1</artifactId>
-        <version>2.3.2-SNAPSHOT</version><!-- {x-version-update:grpc-google-cloud-billing-v1:current} -->
+        <version>2.3.2</version><!-- {x-version-update:grpc-google-cloud-billing-v1:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.cloud</groupId>
         <artifactId>google-cloud-billing</artifactId>
-        <version>2.3.2-SNAPSHOT</version><!-- {x-version-update:google-cloud-billing:current} -->
+        <version>2.3.2</version><!-- {x-version-update:google-cloud-billing:current} -->
       </dependency>
 
       <dependency>
diff --git a/proto-google-cloud-billing-v1/pom.xml b/proto-google-cloud-billing-v1/pom.xml
index 027a85aa..35722b33 100644
--- a/proto-google-cloud-billing-v1/pom.xml
+++ b/proto-google-cloud-billing-v1/pom.xml
@@ -4,13 +4,13 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.api.grpc</groupId>
   <artifactId>proto-google-cloud-billing-v1</artifactId>
-  <version>2.3.2-SNAPSHOT</version><!-- {x-version-update:proto-google-cloud-billing-v1:current} -->
+  <version>2.3.2</version><!-- {x-version-update:proto-google-cloud-billing-v1:current} -->
   <name>proto-google-cloud-billing-v1beta1</name>
   <description>PROTO library for proto-google-cloud-billing-v1</description>
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-billing-parent</artifactId>
-    <version>2.3.2-SNAPSHOT</version><!-- {x-version-update:google-cloud-billing:current} -->
+    <version>2.3.2</version><!-- {x-version-update:google-cloud-billing:current} -->
   </parent>
   <dependencies>
     <dependency>
diff --git a/versions.txt b/versions.txt
index f4a38b25..b4cdfeb4 100644
--- a/versions.txt
+++ b/versions.txt
@@ -1,6 +1,6 @@
 # Format:
 # module:released-version:current-version
 
-google-cloud-billing:2.3.1:2.3.2-SNAPSHOT
-grpc-google-cloud-billing-v1:2.3.1:2.3.2-SNAPSHOT
-proto-google-cloud-billing-v1:2.3.1:2.3.2-SNAPSHOT
+google-cloud-billing:2.3.2:2.3.2
+grpc-google-cloud-billing-v1:2.3.2:2.3.2
+proto-google-cloud-billing-v1:2.3.2:2.3.2