FY25 Q2 - Balance Sheets - Investor Relations

Earnings Release FY25 Q2

Balance Sheets
(In millions) (Unaudited)
(In millions) (Unaudited)		December 31, 2024	June 30, 2024
	Assets
	Current assets:
	Cash and cash equivalents	$ 17,482	$ 18,315
	Short-term investments	54,073	57,228
	Total cash, cash equivalents, and short-term investments	71,555	75,543
	Accounts receivable, net of allowance for doubtful accounts of $662 and $830	48,188	56,924
	Inventories	909	1,246
	Other current assets	26,428	26,021
	Total current assets	147,080	159,734
	Property and equipment, net of accumulated depreciation of $82,820 and $76,421	166,902	135,591
	Operating lease right-of-use assets	22,816	18,961
	Equity and other investments	15,581	14,600
	Goodwill	119,191	119,220
	Intangible assets, net	25,385	27,597
	Other long-term assets	36,943	36,460
	Total assets	$ 533,898	$ 512,163
	Liabilities and stockholders' equity
	Current liabilities:
	Accounts payable	$ 22,608	$ 21,996
	Short-term debt	0	6,693
	Current portion of long-term debt	5,248	2,249
	Accrued compensation	9,176	12,564
	Short-term income taxes	6,056	5,017
	Short-term unearned revenue	45,508	57,582
	Other current liabilities	20,286	19,185
	Total current liabilities	108,882	125,286
	Long-term debt	39,722	42,688
	Long-term income taxes	24,389	27,931
	Long-term unearned revenue	2,537	2,602
	Deferred income taxes	2,513	2,618
	Operating lease liabilities	17,254	15,497
	Other long-term liabilities	35,906	27,064
	Total liabilities	231,203	243,686
	Commitments and contingencies
	Stockholders' equity:
	Common stock and paid-in capital - shares authorized 24,000; outstanding 7,435 and 7,434	104,829	100,923
	Retained earnings	203,482	173,144
	Accumulated other comprehensive loss	(5,616)	(5,590)
	Total stockholders' equity	302,695	268,477
	Total liabilities and stockholders' equity	$ 533,898	$ 512,163

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