|
 |
BALANCE SHEETS
| (In millions) |
| June 30 |
2003(1) |
|
2004 |
| |
| Assets |
| Current assets: |
| Cash and equivalents |
$86,438 |
|
$15,982 |
| Short-term investments |
42,610 |
|
44,610 |
| Total cash and short-term investments |
49,048 |
|
60,592 |
| Accounts receivable, net |
5,196 |
|
5,890 |
| Inventories |
640 |
|
421 |
| Deferred income taxes |
2,506 |
|
2,097 |
| Other |
1,583 |
|
1,566 |
| Total current assets |
58,973 |
|
70,566 |
| Property and equipment, net |
2,223 |
|
2,326 |
| Equity and other investments |
13,692 |
|
12,210 |
| Goodwill |
3,128 |
|
3,115 |
| Intangible assets, net |
384 |
|
569 |
| Deferred income taxes |
2,161 |
|
1,829 |
| Other long-term assets |
1,171 |
|
1,774 |
| Total assets |
$81,732 |
|
$92,389 |
| Liabilities and stockholders' equity |
| Current liabilities: |
| Accounts payable |
$1,573 |
|
$1,717 |
| Accrued compensation |
1,416 |
|
1,339 |
| Income taxes |
2,044 |
|
3,478 |
| Short-term unearned revenue |
7,225 |
|
6,514 |
| Other |
1,716 |
|
1,921 |
| Total current liabilities |
13,974 |
|
14,969 |
| Long-term unearned revenue |
1,790 |
|
1,663 |
| Other long-term liabilities |
1,056 |
|
932 |
| Commitments and contingencies |
| Stockholders' equity: |
| Common stock and paid-in capital - shares authorized 24,000; |
| outstanding 10,771 and 10,862 |
49,234 |
|
56,396 |
| Retained earnings, including accumulated other comprehensive |
| income of $1,840 and $1,119 |
15,678 |
|
18,429 |
| Total stockholders' equity |
64,912 |
|
74,825 |
| Total liabilities and stockholders' equity |
$81,732 |
|
$92,389 |
  
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