Microsoft 2008 Annual Report Download - page 47

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PAGE 46
NOTES TO FINANCIAL STATEMENTS (CONTINUED)
NOTE 4 INVESTMENTS
The components of investments, including associated derivatives, were as follows:
(In millions) Cost basis
Unrealized
gains
Unrealized
losses
Recorded
basis
Cash
and cash
equivalents
Short-term
investments
Equity
and other
investments
June 30, 2008
Cash $ 3,274 $
–
$
– $ 3,274 $3,274 $–
$–
Mutual funds 1,044 15 (8) 1,051 835 136 80
Commercial paper 787
–
–
787 787
–
–
Certificates of deposit 1,580
–
–
1,580 1,373 207 –
U.S. Government and
Agency securities 4,200 37 (4) 4,233 1,839 2,318 76
Foreign government
bonds 3,466 15 (62) 3,419
–
3,419 –
Mortgage-backed
securities 3,628 31 (25) 3,634
–
3,634 –
Corporate notes and
bonds 5,013 91 (39) 5,065 2,122 2,943 –
Municipal securities 761 4 (4) 761 109 652 –
Common stock and
equivalents 4,508 1,215 (113) 5,610
–
–
5,610
Preferred stock 307 9
–
316
–
–
316
Other investments 520
–
–
520
–
14 506
Total $ 29,088 $1,417
$
(255) $30,250 $10,339 $13,323 $ 6,588
(In millions) Cost basis
Unrealized
gains
Unrealized
losses
Recorded
basis
Cash
and cash
equivalents
Short-term
investments
Equity
and other
investments
June 30, 2007
Cash $ 3,040
$
–
$
– $ 3,040 $3,040 $–
$–
Mutual funds 398 4 (1) 401 132 205 64
Commercial paper 227
–
–
227 179 48 –
Certificates of deposit 98
–
–
98 – 98 –
U.S. Government and
Agency securities 3,085 4 (12) 3,077 1 3,002 74
Foreign government
bonds 3,845 2 (63) 3,784 – 3,784 –
Mortgage-backed
securities 3,236 4 (49) 3,191 – 3,191 –
Corporate notes and
bonds 7,184 14 (18) 7,180 2,425 4,753 2
Municipal securities 2,639 3 (25) 2,617 334 2,283 –
Common stock and
equivalents 7,290 2,309 (18) 9,581 – – 9,581
Preferred stock 62 12
–
74 – – 74
Other investments 258
–
–
258 – (64) 322
Total
$
31,362
$
2,352
$
(186) $33,528 $6,111 $17,300 $10,117