0000789019 2003-06-30 0000789019 2000-07-01 2001-06-30 Actual ISO4217:USD 0000789019 2001-07-01 2002-06-30 Actual ISO4217:USD 0000789019 2002-07-01 2003-06-30 Actual ISO4217:USD 0000789019 2002-07-01 2003-06-30 Actual xbrl:shares 0000789019 2000-07-01 2001-06-30 Actual xbrl:shares 0000789019 2001-07-01 2002-06-30 Actual xbrl:shares 0000789019 2003-06-30 Actual ISO4217:USD 0000789019 2002-06-30 Actual ISO4217:USD 0000789019 2003-06-30 Actual xbrl:shares 0000789019 2002-06-30 Actual xbrl:shares 0000789019 2002-07-01 2003-06-30 Actual ISO4217:USD xbrl:shares 0000789019 2000-07-01 2001-06-30 Actual ISO4217:USD xbrl:shares 0000789019 2001-07-01 2002-06-30 Actual ISO4217:USD xbrl:shares Investor Relations US Redmond USA Washington One Microsoft Way 98052-6399 Redmond 425 USA 1 Rob Blake Group Program Manager Corporate/Headquarters Redmond USA Washington One Microsoft Way 98052-6399 robblake@microsoft.com 425 1 703-6383 Phone number of office in Redmond Corporate/Headquarters Rob Blake Group Program Manager Corporate/Headquarters Redmond USA Washington One Microsoft Way 98052-6399 robblake@microsoft.com 425 1 703-6383 Phone number of office in Redmond Corporate/Headquarters 2003-08-28 Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the fiscal year ended June 30, 2003 10k2003q4msftxbrl Microsoft Form 10-K Fiscal Year 2003 ISO 639-1988 EN 2003-09-04 Form 10-K 2003-08-28 Original draft Rob Blake Group Program Manager 1.1 robblake@microsoft.com curtan@microsoft.com Corporate/Headquarters Redmond USA Washington One Microsoft Way 98052-6399 Microsoft Corporation (the "Company" or "Microsoft") was founded as a partnership in 1975 and incorporated in 1981. Microsoft develops, manufactures, licenses, and supports a wide range of software products for a multitude of computing devices. Microsoft(R) software includes scalable operating systems for servers, personal computers (PCs), and intelligent devices; server applications for client/server environments; knowledge worker productivity applications; and software development tools. The Company's online efforts include the MSN(R) network of Internet products and services and alliances with companies involved with broadband access and various forms of digital interactivity. Microsoft also licenses consumer software programs; sells hardware devices; provides consulting services; trains and certifies system integrators and developers; and researches and develops advanced technologies for future software products. Curt Anderson Senior Director, Investor Relations Microsoft Corporation Issued by SEC EDGAR CIK:0000789019 Establishments primarily engaged in the design, development, and production of prepackaged computer software SIC:7372 Nasdaq High-tech industry classification NASDAQ:High-tech Manufacturing, Software Reproducing NAICS:334611 425 1 882-8080 Main phone 800 1 285-7772 Investor Relations US 425 1 936-4400 Investor Relations International National Assocation of Securities Dealers Automated Quotation Nasdaq INVESTOR Tax ID issued by Internal Revenue Service of the United States IRS:91-1144442 Microsoft Home page www.microsoft.com Investor Relations home page www.microsoft.com/investor 2003-06-30 703-6383 12 12 month period ending 2003-06-30 2003-06-30 2002-07-01 Phone number of office in Redmond 425 1 706-3703 Work Corporate/Headquarters Washington One Microsoft Way Months Home page www.microsoft.com 98052-6399 3012000000 5154000000 1801000000 0 -1367000000 0 1376000000 2066000000 1596000000 1840000000 583000000 -11292000000 -6369000000 -8929000000 12519000000 6970000000 11152000000 0 -75000000 0 -102000000 634000000 -91000000 1243000000 -1460000000 5000000 116000000 -39000000 82000000 11250000000 6406000000 7825000000 79571000000 67646000000 1573000000 1208000000 5196000000 5129000000 -1063000000 0 0 35344000000 31647000000 31647000000 23195000000 28390000000 35344000000 28390000000 31647000000 0.93 0.69 0.72 6438000000 3016000000 3016000000 4846000000 3922000000 6438000000 3922000000 3016000000 49048000000 38652000000 -28000000 -330000000 -9000000 412000000 -482000000 -264000000 35000000 774000000 1449000000 440000000 153000000 216000000 187000000 -418000000 -1623000000 24000000000 10771000000 10771000000 24000000000 10718000000 10718000000 -691000000 -394000000 -676000000 -5250000000 -5680000000 -6191000000 5686000000 3455000000 5191000000 0 375000000 0 0 -375000000 0 0 -.03 0 0 -.03 0 336000000 -420000000 -416000000 2506000000 2112000000 1731000000 398000000 7225000000 5920000000 1790000000 1823000000 1439000000 1536000000 1084000000 0.92 0.66 0.70 0 -560000000 0 61000000 -26000000 2000000 1416000000 1145000000 -68000000 -159000000 -92000000 2104000000 857000000 1550000000 9993000000 7721000000 7829000000 0.92 0.69 0.70 0.93 0.72 0.72 14726000000 11525000000 11513000000 2044000000 2022000000 3128000000 1426000000 640000000 673000000 13692000000 14191000000 -5223000000 -5586000000 -4572000000 -7213000000 -8734000000 -10845000000 15797000000 13422000000 14509000000 9993000000 7346000000 7829000000 9993000000 7346000000 7829000000 9993000000 7346000000 7829000000 3361000000 -898000000 -908000000 18970000000 13576000000 16455000000 13217000000 11720000000 11910000000 1171000000 942000000 0 -264000000 536000000 1583000000 2010000000 1716000000 2449000000 384000000 243000000 0 235000000 0 1056000000 501000000 -857000000 0 0 0 -1367000000 0 75157000000 52848000000 70657000000 9205000000 5867000000 8654000000 2120000000 1620000000 1497000000 2223000000 2268000000 4733000000 3804000000 3684000000 -89621000000 -66346000000 -89386000000 -891000000 -1103000000 -770000000 1577000000 -36000000 -305000000 380000000 2221000000 2424000000 -6486000000 -6074000000 -6069000000 4659000000 4379000000 4307000000 25676000000 20533000000 20533000000 18173000000 18899000000 25676000000 18899000000 20533000000 23836000000 19950000000 32187000000 25296000000 28365000000 6521000000 4885000000 5407000000 42610000000 35636000000 -857000000 0 0 61020000000 47289000000 52180000000 1376000000 2066000000 1596000000 0 185000000 0 58973000000 48576000000 13974000000 12744000000 79571000000 67646000000 61020000000 52180000000 10882000000 11148000000 11106000000 10723000000 10683000000 10811000000 I, Steven A. Ballmer, certify that: I have reviewed this annual report on Form 10-K of Microsoft Corporation. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) for the registrant and have Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and The registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of registrant's board of directors (or persons performing the equivalent functions) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting. 2003-09-04 Steven A. Ballmer /s/ Steven A. Ballmer Cheif Executive Officer I, John G. Connors, certify that: I have reviewed this annual report on Form 10-K of Microsoft Corporation. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) for the registrant and have Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and The registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of registrant's board of directors (or persons performing the equivalent functions) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting. 2003-09-04 John G. Connors /s/ John G. Connors Chief Financial Officer Certifications