Microsoft Corp (MSFT)
Earnings Release FY11 Q1
Financial Statements
Balance Sheets (in millions)
September 30,
2010
(Unaudited)
June 30,
2010
(1)
Assets
Current assets:
Cash and cash equivalents $ 8,161 $ 5,505
Short-term investments (including securities loaned of $683 and $62) 36,012 31,283
Total cash, cash equivalents, and short-term investments 44,173 36,788
Accounts receivable, net of allowance for doubtful accounts of $312 and $375 9,646 13,014
Inventories 1,242 740
Deferred income taxes 2,344 2,184
Other 2,176 2,950
Total current assets 59,581 55,676
Property and equipment, net of accumulated depreciation of $8,942 and $8,629 7,771 7,630
Equity and other investments 9,211 7,754
Goodwill 12,471 12,394
Intangible assets, net 1,077 1,158
Other long-term assets 1,429 1,501
Total assets $ 91,540 $ 86,113
Liabilities and stockholders' equity
Current liabilities:
Accounts payable $ 3,654 $ 4,025
Short-term debt 1,000 1,000
Accrued compensation 2,252 3,283
Income taxes 2,136 1,074
Short-term unearned revenue 12,767 13,652
Securities lending payable 909 182
Other 3,139 2,931
Total current liabilities 25,857 26,147
Long-term debt 9,665 4,939
Long-term unearned revenue 1,152 1,178
Deferred income taxes 540 229
Other long-term liabilities 7,384 7,445
Total liabilities 44,598 39,938
Commitments and contingencies
Stockholders' equity:
Common stock and paid-in capital - shares authorized 24,000; outstanding 8,562 and 8,668 61,935 62,856
Retained deficit, including accumulated other comprehensive income of $1,519 and $1,055 (14,993) (16,681)
Total stockholders' equity 46,942 46,175
Total liabilities and stockholders' equity $ 91,540 $ 86,113
 

(1) Derived from audited financial statements.

FY11 Earnings Release Schedule
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