Earnings Release FY23 Q1

Balance Sheets
(In millions) (Unaudited)
(In millions) (Unaudited)		September 30, 2022	June 30, 2022
	Assets
	Current assets:
	Cash and cash equivalents	$ 22,884	$ 13,931
	Short-term investments	84,378	90,826
	Total cash, cash equivalents, and short-term investments	107,262	104,757
	Accounts receivable, net of allowance for doubtful accounts of $438 and $633	31,279	44,261
	Inventories	4,268	3,742
	Other current assets	18,003	16,924
	Total current assets	160,812	169,684
	Property and equipment, net of accumulated depreciation of $60,638 and $59,660	77,037	74,398
	Operating lease right-of-use assets	13,347	13,148
	Equity investments	6,839	6,891
	Goodwill	67,459	67,524
	Intangible assets, net	10,808	11,298
	Other long-term assets	23,482	21,897
	Total assets	$ 359,784	$ 364,840
	Liabilities and stockholders' equity
	Current liabilities:
	Accounts payable	$ 16,609	$ 19,000
	Current portion of long-term debt	3,248	2,749
	Accrued compensation	7,405	10,661
	Short-term income taxes	6,729	4,067
	Short-term unearned revenue	41,340	45,538
	Other current liabilities	12,058	13,067
	Total current liabilities	87,389	95,082
	Long-term debt	45,374	47,032
	Long-term income taxes	23,712	26,069
	Long-term unearned revenue	2,549	2,870
	Deferred income taxes	223	230
	Operating lease liabilities	11,660	11,489
	Other long-term liabilities	15,311	15,526
	Total liabilities	186,218	198,298
	Commitments and contingencies
	Stockholders' equity:
	Common stock and paid-in capital - shares authorized 24,000; outstanding 7,457 and 7,464	88,535	86,939
	Retained earnings	92,374	84,281
	Accumulated other comprehensive loss	(7,343)	(4,678)
	Total stockholders' equity	173,566	166,542
	Total liabilities and stockholders' equity	$ 359,784	$ 364,840

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