Microsoft 2013 Annual Report Download - page 44

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BALANCE SHEETS
(In millions)
June 30,
2013
2012
Assets
Current assets:
Cash and cash equivalents
$ 3,804
$ 6,938
Short-term investments (including securities loaned of $579 and $785)
73,218
56,102
Total cash, cash equivalents, and short-term investments
77,022
63,040
Accounts receivable, net of allowance for doubtful accounts of $336 and $389
17,486
15,780
Inventories
1,938
1,137
Deferred income taxes
1,632
2,035
Other
3,388
3,092
Total current assets
101,466
85,084
Property and equipment, net of accumulated depreciation of $12,513 and $10,962
9,991
8,269
Equity and other investments
10,844
9,776
Goodwill
14,655
13,452
Intangible assets, net
3,083
3,170
Other long-term assets
2,392
1,520
Total assets
$ 142,431
$ 121,271
Liabilities and stockholders’ equity
Current liabilities:
Accounts payable
$ 4,828
$ 4,175
Current portion of long-term debt
2,999
1,231
Accrued compensation
4,117
3,875
Income taxes
592
789
Short-term unearned revenue
20,639
18,653
Securities lending payable
645
814
Other
3,597
3,151
Total current liabilities
37,417
32,688
Long-term debt
12,601
10,713
Long-term unearned revenue
1,760
1,406
Deferred income taxes
1,709
1,893
Other long-term liabilities
10,000
8,208
Total liabilities
63,487
54,908
Commitments and contingencies
Stockholders’ equity:
Common stock and paid-in capital – shares authorized 24,000; outstanding 8,328 and
8,381
67,306
65,797
Retained earnings (deficit)
9,895
(856)
Accumulated other comprehensive income
1,743
1,422
Total stockholders’ equity
78,944
66,363
Total liabilities and stockholders’ equity
$ 142,431
$ 121,271
See accompanying notes.