FY25 Q3 - Balance Sheets - Investor Relations

Balance Sheets
(In millions) (Unaudited)
(In millions) (Unaudited)		March 31, 2025	June 30, 2024
	Assets
	Current assets:
	Cash and cash equivalents	$ 28,828	$ 18,315
	Short-term investments	50,790	57,228
	Total cash, cash equivalents, and short-term investments	79,618	75,543
	Accounts receivable, net of allowance for doubtful accounts of $695 and $830	51,700	56,924
	Inventories	848	1,246
	Other current assets	24,478	26,021
	Total current assets	156,644	159,734
	Property and equipment, net of accumulated depreciation of $87,074 and $76,421	183,939	135,591
	Operating lease right-of-use assets	24,475	18,961
	Equity and other investments	16,035	14,600
	Goodwill	119,329	119,220
	Intangible assets, net	23,968	27,597
	Other long-term assets	38,234	36,460
	Total assets	$ 562,624	$ 512,163
	Liabilities and stockholders' equity
	Current liabilities:
	Accounts payable	$ 26,250	$ 21,996
	Short-term debt	0	6,693
	Current portion of long-term debt	2,999	2,249
	Accrued compensation	10,579	12,564
	Short-term income taxes	6,805	5,017
	Short-term unearned revenue	44,636	57,582
	Other current liabilities	22,937	19,185
	Total current liabilities	114,206	125,286
	Long-term debt	39,882	42,688
	Long-term income taxes	25,061	27,931
	Long-term unearned revenue	2,840	2,602
	Deferred income taxes	2,522	2,618
	Operating lease liabilities	17,686	15,497
	Other long-term liabilities	38,536	27,064
	Total liabilities	240,733	243,686
	Commitments and contingencies
	Stockholders' equity:
	Common stock and paid-in capital - shares authorized 24,000; outstanding 7,434 and 7,434	106,965	100,923
	Retained earnings	219,759	173,144
	Accumulated other comprehensive loss	(4,833)	(5,590)
	Total stockholders' equity	321,891	268,477
	Total liabilities and stockholders' equity	$ 562,624	$ 512,163

IMPORTANT NOTICE TO USERS (summary only, click here for full text of notice) All information is unaudited unless otherwise noted or accompanied by an audit opinion and is subject to the more comprehensive information contained in our SEC reports and filings. We do not endorse third-party information. All information speaks as of the last fiscal quarter or year for which we have filed a Form 10-K or 10-Q, or for historical information the date or period expressly indicated in or with such information. We undertake no duty to update the information. Forward-looking statements are subject to risks and uncertainties described in our Forms 10-Q and 10-K.

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