|
 |
CASH FLOWS STATEMENTS
| (In millions) |
 |
| Year Ended June 30 |
2003) |
|
2004) |
|
2005) |
|
| Operations |
|
|
|
|
|
| Net income |
$(07,531) |
|
$(08,168) |
|
$(12,254) |
| Depreciation, amortization, and other noncash items |
1,393) |
|
1,186) |
|
855) |
| Stock-based compensation |
3,749) |
|
5,734) |
|
2,448) |
| Net recognized (gains)/losses on investments |
380) |
|
(1,296) |
|
(527) |
| Stock option income tax benefits |
1,365) |
|
1,100) |
|
668) |
| Deferred income taxes |
(1,348) |
|
(1,479) |
|
(179)) |
| Unearned revenue |
12,519) |
|
11,777) |
|
13,831) |
| Recognition of unearned revenue |
(11,292) |
|
(12,527) |
|
(12,919) |
| Accounts receivable |
187) |
|
(687) |
|
(1,243) |
| Other current assets |
412) |
|
478) |
|
(245) |
| Other long-term assets |
(28) |
|
34) |
|
21) |
| Other current liabilities |
35) |
|
1,529) |
|
396) |
| Other long-term liabilities |
894) |
|
609) |
|
1,245) |
| Net cash from operations |
15,797) |
|
14,626) |
|
16,605) |
|
| Financing |
| Common stock issued |
2,120) |
|
2,748) |
|
3,109) |
| Common stock repurchased |
(6,486) |
|
(3,383) |
|
(8,057) |
| Common stock cash dividends |
(857) |
|
(1,729) |
|
(36,112) |
| Other |
–) |
|
–) |
|
(18) |
| Net cash used for financing |
(5,223) |
|
(2,364) |
|
(41,078) |
|
| Investing |
|
|
|
|
|
| Additions to property and equipment |
(891) |
|
(1,109) |
|
(812) |
| Acquisition of companies, net of cash acquired |
(1,063) |
|
(4) |
|
(207) |
| Purchases of investments |
(91,869) |
|
(95,005) |
|
(68,045) |
| Maturities of investments |
9,205) |
|
5,561) |
|
29,153) |
| Sales of investments |
77,123) |
|
87,215) |
|
54,938) |
| Net cash from investing |
(7,495) |
|
(3,342) |
|
15,027) |
| Net change in cash and equivalents |
3,079) |
|
8,920) |
|
(9,446) |
| Effect of exchange rates on cash and equivalents |
61) |
|
27) |
|
(7) |
| Cash and equivalents, beginning of period |
2,217) |
|
5,357) |
|
14,304) |
| Cash and equivalents, end of period |
$(05,357) |
|
$(14,304) |
|
$(04,851) |
See accompanying notes.
|
|
