Microsoft Annual Report: Balance Sheets

	BALANCE SHEETS


msft	In millions

	June 30				1998	1999

	Assets

	Current assets:

		Cash and short-term investments			$13,927	$17,236

		Accounts receivable			1,460	2,245

		Other			502	752

			Total current assets		15,889	20,233

	Property and equipment				1,505	1,611

	Equity and other investments				4,703	14,372

	Other assets				260	940

				Total assets	$22,357	$37,156


	Liabilities and stockholders’ equity

	Current liabilities:

		Accounts payable			$ 759	$ 874

		Accrued compensation			359	396

		Income taxes payable			915	1,607

		Unearned revenue			2,888	4,239

		Other			809	1,602

			Total current liabilities		5,730	8,718

	Commitments and contingencies

	Stockholders’ equity:

		Convertible preferred stock — shares authorized 100; shares issued and outstanding 13			980	980

		Common stock and paid-in capital — shares authorized 12,000; shares issued and outstanding 4,940 and 5,109			8,025	13,844

		Retained earnings, including other comprehensive income of $666 and $1,787			7,622	13,614

			Total stockholders’ equity		16,627	28,438

				Total liabilities and stockholders’ equity	$22,357	$37,156


	See accompanying notes.

Last updated May 28, 2010