FY25 Q1 - Balance Sheets - Investor Relations

Earnings Release FY25 Q1

Balance Sheets
(In millions) (Unaudited)
(In millions) (Unaudited)		September 30, 2024	June 30, 2024
	Assets
	Current assets:
	Cash and cash equivalents	$ 20,840	$ 18,315
	Short-term investments	57,588	57,228
	Total cash, cash equivalents, and short-term investments	78,428	75,543
	Accounts receivable, net of allowance for doubtful accounts of $647 and $830	44,148	56,924
	Inventories	1,626	1,246
	Other current assets	25,724	26,021
	Total current assets	149,926	159,734
	Property and equipment, net of accumulated depreciation of $80,517 and $76,421	152,863	135,591
	Operating lease right-of-use assets	20,528	18,961
	Equity and other investments	15,778	14,600
	Goodwill	119,374	119,220
	Intangible assets, net	26,751	27,597
	Other long-term assets	37,793	36,460
	Total assets	$ 523,013	$ 512,163
	Liabilities and stockholders' equity
	Current liabilities:
	Accounts payable	$ 22,768	$ 21,996
	Short-term debt	0	6,693
	Current portion of long-term debt	2,249	2,249
	Accrued compensation	8,326	12,564
	Short-term income taxes	9,717	5,017
	Short-term unearned revenue	53,026	57,582
	Other current liabilities	19,114	19,185
	Total current liabilities	115,200	125,286
	Long-term debt	42,868	42,688
	Long-term income taxes	24,452	27,931
	Long-term unearned revenue	2,663	2,602
	Deferred income taxes	2,581	2,618
	Operating lease liabilities	16,361	15,497
	Other long-term liabilities	31,165	27,064
	Total liabilities	235,290	243,686
	Commitments and contingencies
	Stockholders' equity:
	Common stock and paid-in capital - shares authorized 24,000; outstanding 7,436 and 7,434	102,976	100,923
	Retained earnings	188,929	173,144
	Accumulated other comprehensive loss	(4,182)	(5,590)
	Total stockholders' equity	287,723	268,477
	Total liabilities and stockholders' equity	$ 523,013	$ 512,163

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