Earnings Release FY24 Q2

Balance Sheets
(In millions) (Unaudited)
(In millions) (Unaudited)		December 31, 2023	June 30, 2023
	Assets
	Current assets:
	Cash and cash equivalents	$ 17,305	$ 34,704
	Short-term investments	63,712	76,558
	Total cash, cash equivalents, and short-term investments	81,017	111,262
	Accounts receivable, net of allowance for doubtful accounts of $591 and $650	42,831	48,688
	Inventories	1,615	2,500
	Other current assets	21,930	21,807
	Total current assets	147,393	184,257
	Property and equipment, net of accumulated depreciation of $72,949 and $68,251	112,308	95,641
	Operating lease right-of-use assets	16,398	14,346
	Equity investments	13,367	9,879
	Goodwill	118,931	67,886
	Intangible assets, net	29,896	9,366
	Other long-term assets	32,265	30,601
	Total assets	$ 470,558	$ 411,976
	Liabilities and stockholders' equity
	Current liabilities:
	Accounts payable	$ 17,695	$ 18,095
	Short-term debt	27,041	0
	Current portion of long-term debt	2,250	5,247
	Accrued compensation	8,813	11,009
	Short-term income taxes	5,787	4,152
	Short-term unearned revenue	43,068	50,901
	Other current liabilities	16,362	14,745
	Total current liabilities	121,016	104,149
	Long-term debt	44,928	41,990
	Long-term income taxes	25,890	25,560
	Long-term unearned revenue	2,966	2,912
	Deferred income taxes	2,548	433
	Operating lease liabilities	14,155	12,728
	Other long-term liabilities	20,787	17,981
	Total liabilities	232,290	205,753
	Commitments and contingencies
	Stockholders' equity:
	Common stock and paid-in capital - shares authorized 24,000; outstanding 7,432 and 7,432	97,480	93,718
	Retained earnings	145,737	118,848
	Accumulated other comprehensive loss	(4,949)	(6,343)
	Total stockholders' equity	238,268	206,223
	Total liabilities and stockholders' equity	$ 470,558	$ 411,976

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