FY17 Q4 - Cash Flows - Investor Relations - Microsoft

Browse Earnings Releases:

Earnings Release FY17 Q4

Information contained in this page is current as of the earnings date July 20, 2017, and not restated for new accounting standards.

TablePower BI

Cash Flows Statements

$(in millions) Year Ended June 30,
2017 2016 2015
Operations
Net income
$ 21,204
$ 16,798
$ 12,193
Adjustments to reconcile net income to net cash from operations:
Goodwill and asset impairments
0
630
7,498
Depreciation, amortization, and other
8,778
6,622
5,957
Stock-based compensation expense
3,266
2,668
2,574
Net recognized gains on investments and derivatives
(2,073)
(223)
(443)
Deferred income taxes
(3,296)
332
224
Deferral of unearned revenue
67,711
57,072
45,072
Recognition of unearned revenue
(57,735)
(48,498)
(44,920)
Changes in operating assets and liabilities:
Accounts receivable
(925)
(530)
1,456
Inventories
50
600
(272)
Other current assets
1,066
(1,167)
62
Other long-term assets
(539)
(41)
346
Accounts payable
81
88
(1,054)
Other current liabilities
386
(260)
(624)
Other long-term liabilities
1,533
(766)
1,599
Net cash from operations
39,507
33,325
29,668
Financing
Proceeds from issuance (repayments) of short-term debt, maturities of 90 days or less, net
(4,963)
7,195
4,481
Proceeds from issuance of debt
44,344
13,884
10,680
Repayments of debt
(7,922)
(2,796)
(1,500)
Common stock issued
772
668
634
Common stock repurchased
(11,788)
(15,969)
(14,443)
Common stock cash dividends paid
(11,845)
(11,006)
(9,882)
Other
(190)
(369)
362
Net cash from (used in) financing
8,408
(8,393)
(9,668)
Investing
Additions to property and equipment
(8,129)
(8,343)
(5,944)
Acquisition of companies, net of cash acquired, and purchases of intangible and other assets
(25,944)
(1,393)
(3,723)
Purchases of investments
(176,905)
(129,758)
(98,729)
Maturities of investments
28,044
22,054
15,013
Sales of investments
136,350
93,287
70,848
Securities lending payable
(197)
203
(466)
Net cash used in investing
(46,781)
(23,950)
(23,001)
Effect of foreign exchange rates on cash and cash equivalents
19
(67)
(73)
Net change in cash and cash equivalents
1,153
915
(3,074)
Cash and cash equivalents, beginning of period
6,510
5,595
8,669
Cash and cash equivalents, end of period
$ 7,663
$ 6,510
$ 5,595
IMPORTANT NOTICE TO USERS (summary only, click here  for full text of notice); All information is unaudited unless otherwise noted or accompanied by an audit opinion and is subject to the more comprehensive information contained in our SEC reports and filings. We do not endorse third-party information. All information speaks as of the last fiscal quarter or year for which we have filed a Form 10-K or 10-Q, or for historical information the date or period expressly indicated in or with such information. We undertake no duty to update the information. Forward-looking statements are subject to risks and uncertainties described in our  Forms 10-Q and 10-K.

Download Earnings Related Files

Information contained in these documents is current as of the earnings date, and not restated for new accounting standards

FY18 Earnings Release Schedule

  • Q1-Thursday, October 26
  • Q2-Wednesday, January 31
  • Q3-Thursday, April 26
  • Q4-Thursday, July 19

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