FY16 Q4 - Balance Sheets - Investor Relations

Earnings Release FY16 Q4

Balance Sheets
$(in millions)		June 30,
$(in millions)		2016	2015
	Assets
	Current assets:
	Cash and cash equivalents	$ 6,510	$ 5,595
	Short-term investments (including securities loaned of $204 and $75)	106,730	90,931
	Total cash, cash equivalents, and short-term investments	113,240	96,526
	Accounts receivable, net of allowance for doubtful accounts of $426 and $335	18,277	17,908
	Inventories	2,251	2,902
	Other	5,892	5,461
	Total current assets	139,660	122,797
	Property and equipment, net of accumulated depreciation of $19,800 and $17,606	18,356	14,731
	Equity and other investments	10,431	12,053
	Goodwill	17,872	16,939
	Intangible assets, net	3,733	4,835
	Other long-term assets	3,642	3,117
	Total assets	$ 193,694	$ 174,472
	Liabilities and stockholders' equity
	Current liabilities:
	Accounts payable	$ 6,898	$ 6,591
	Short-term debt	12,904	4,985
	Current portion of long-term debt	0	2,499
	Accrued compensation	5,264	5,096
	Income taxes	580	606
	Short-term unearned revenue	27,468	23,223
	Securities lending payable	294	92
	Other	5,949	6,555
	Total current liabilities	59,357	49,647
	Long-term debt	40,783	27,808
	Long-term unearned revenue	6,441	2,095
	Deferred income taxes	1,476	1,295
	Other long-term liabilities	13,640	13,544
	Total liabilities	121,697	94,389
	Commitments and contingencies
	Stockholders' equity:
	Common stock and paid-in capital - shares authorized 24,000; outstanding 7,808 and 8,027	68,178	68,465
	Retained earnings	2,282	9,096
	Accumulated other comprehensive income	1,537	2,522
	Total stockholders' equity	71,997	80,083
	Total liabilities and stockholders' equity	$ 193,694	$ 174,472

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