FY Q3 - Balance Sheets - Investor Relations

Earnings Release FY23 Q3

Balance Sheets
(In millions) (Unaudited)
(In millions) (Unaudited)		March 31, 2023	June 30, 2022
	Assets
	Current assets:
	Cash and cash equivalents	$ 26,562	$ 13,931
	Short-term investments	77,865	90,826
	Total cash, cash equivalents, and short-term investments	104,427	104,757
	Accounts receivable, net of allowance for doubtful accounts of $495 and $633	37,420	44,261
	Inventories	2,877	3,742
	Other current assets	19,165	16,924
	Total current assets	163,889	169,684
	Property and equipment, net of accumulated depreciation of $65,998 and $59,660	88,132	74,398
	Operating lease right-of-use assets	13,879	13,148
	Equity investments	9,415	6,891
	Goodwill	67,940	67,524
	Intangible assets, net	9,879	11,298
	Other long-term assets	26,954	21,897
	Total assets	$ 380,088	$ 364,840
	Liabilities and stockholders' equity
	Current liabilities:
	Accounts payable	$ 15,305	$ 19,000
	Current portion of long-term debt	6,245	2,749
	Accrued compensation	10,411	10,661
	Short-term income taxes	4,163	4,067
	Short-term unearned revenue	36,903	45,538
	Other current liabilities	12,664	13,067
	Total current liabilities	85,691	95,082
	Long-term debt	41,965	47,032
	Long-term income taxes	25,000	26,069
	Long-term unearned revenue	2,698	2,870
	Deferred income taxes	302	230
	Operating lease liabilities	12,312	11,489
	Other long-term liabilities	17,437	15,526
	Total liabilities	185,405	198,298
	Commitments and contingencies
	Stockholders' equity:
	Common stock and paid-in capital - shares authorized 24,000; outstanding 7,437 and 7,464	92,093	86,939
	Retained earnings	108,234	84,281
	Accumulated other comprehensive loss	(5,644)	(4,678)
	Total stockholders' equity	194,683	166,542
	Total liabilities and stockholders' equity	$ 380,088	$ 364,840

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