Browse Earnings Releases:

Earnings Release FY21 Q4

TablePower BI

Cash Flows Statements

(In millions)

Year Ended June 30,
2021 2020 2019
Operations
Net income
$ 61,271
$ 44,281
$ 39,240
Adjustments to reconcile net income to net cash from operations:
Depreciation, amortization, and other
11,686
12,796
11,682
Stock-based compensation expense
6,118
5,289
4,652
Net recognized gains on investments and derivatives
(1,249)
(219)
(792)
Deferred income taxes
(150)
11
(6,463)
Changes in operating assets and liabilities:
Accounts receivable
(6,481)
(2,577)
(2,812)
Inventories
(737)
168
597
Other current assets
(932)
(2,330)
(1,718)
Other long-term assets
(3,459)
(1,037)
(1,834)
Accounts payable
2,798
3,018
232
Unearned revenue
4,633
2,212
4,462
Income taxes
(2,309)
(3,631)
2,929
Other current liabilities
4,149
1,346
1,419
Other long-term liabilities
1,402
1,348
591
Net cash from operations
76,740
60,675
52,185
Financing
Cash premium on debt exchange
(1,754)
(3,417)
0
Repayments of debt
(3,750)
(5,518)
(4,000)
Common stock issued
1,693
1,343
1,142
Common stock repurchased
(27,385)
(22,968)
(19,543)
Common stock cash dividends paid
(16,521)
(15,137)
(13,811)
Other, net
(769)
(334)
(675)
Net cash used in financing
(48,486)
(46,031)
(36,887)
Investing
Additions to property and equipment
(20,622)
(15,441)
(13,925)
Acquisition of companies, net of cash acquired, and purchases of intangible and other assets
(8,909)
(2,521)
(2,388)
Purchases of investments
(62,924)
(77,190)
(57,697)
Maturities of investments
51,792
66,449
20,043
Sales of investments
14,008
17,721
38,194
Other, net
(922)
(1,241)
0
Net cash used in investing
(27,577)
(12,223)
(15,773)
Effect of foreign exchange rates on cash and cash equivalents
(29)
(201)
(115)
Net change in cash and cash equivalents
648
2,220
(590)
Cash and cash equivalents, beginning of period
13,576
11,356
11,946
Cash and cash equivalents, end of period
$ 14,224
$ 13,576
$ 11,356
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.

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