 |
 |
BALANCE SHEETS
| (In millions) |
| June 30 |
2007) |
|
2006) |
 |
| Assets |
|
|
|
| Current assets: |
|
|
|
| Cash and equivalents |
$(6,111) |
|
$(6,714) |
Short-term investments (including securities pledged as collateral of
$2,356 and $3,065) |
17,300) |
|
27,447) |
| Total cash and short-term investments |
23,411) |
|
34,161) |
Accounts receivable, net of allowance for
doubtful accounts of $117 and $142 |
11,338) |
|
9,316) |
| Inventories |
1,127) |
|
1,478) |
| Deferred income taxes |
1,899) |
|
1,940) |
| Other |
2,393) |
|
2,115) |
| Total current assets |
40,168) |
|
49,010) |
| Property and equipment, net |
4,350) |
|
3,044) |
| Equity and other investments |
10,117) |
|
9,232) |
| Goodwill |
4,760) |
|
3,866) |
| Intangible assets, net |
878) |
|
539) |
| Deferred income taxes |
1,389) |
|
2,611) |
| Other long-term assets |
1,509) |
|
1,295) |
| Total assets |
$63,171) |
|
$69,597) |
|
| Liabilities and stockholders’ equity |
| Current liabilities: |
| Accounts payable |
$(3,247) |
|
$(2,909) |
| Accrued compensation |
2,325) |
|
1,938) |
| Income taxes |
1,040) |
|
1,557) |
| Short-term unearned revenue |
10,779) |
|
9,138) |
| Securities lending payable |
2,741) |
|
3,117) |
| Other |
3,622) |
|
3,783) |
| Total current liabilities |
23,754) |
|
22,442) |
| Long-term unearned revenue |
1,867) |
|
1,764) |
| Other long-term liabilities |
6,453) |
|
5,287) |
| Commitments and contingencies |
| Stockholders’ equity: |
Common stock and paid-in capital – shares authorized 24,000;
outstanding 9,380 and 10,062 |
60,557) |
|
59,005) |
Retained deficit, including accumulated other comprehensive
income of $1,654 and $1,229 |
(29,460) |
|
(18,901) |
Total stockholders’ equity) |
31,097 |
|
40,104 |
| Total liabilities and stockholders’ equity |
$63,171) |
|
$69,597) |
See accompanying notes.
|
|
