Microsoft 2014 Annual Report Download - page 44

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43
BALANCE SHEETS
(In millions)
June 30, 2014 2013
Assets
Current assets:
Cash and cash equivalents $ 8,669 $ 3,804
Short-term investments (including securities loaned of $541 and $579) 77,040 73,218
Total cash, cash equivalents, and short-term investments 85,709 77,022
Accounts receivable, net of allowance for doubtful accounts of $301 and $336 19,544 17,486
Inventories 2,660
1,938
Deferred income taxes 1,941
1,632
Other 4,392
3,388
Total current assets 114,246 101,466
Property and equipment, net of accumulated depreciation of $14,793 and $12,513 13,011 9,991
Equity and other investments 14,597 10,844
Goodwill 20,127 14,655
Intangible assets, net 6,981
3,083
Other long-term assets 3,422
2,392
Total assets $ 172,384 $ 142,431
Liabilities and stockholders’ equity
Current liabilities:
Accounts payable $ 7,432 $ 4,828
Short-term debt 2,000
0
Current portion of long-term debt 0
2,999
Accrued compensation 4,797
4,117
Income taxes 782
592
Short-term unearned revenue 23,150 20,639
Securities lending payable 558
645
Other 6,906
3,597
Total current liabilities 45,625 37,417
Long-term debt 20,645 12,601
Long-term unearned revenue 2,008
1,760
Deferred income taxes 2,728
1,709
Other long-term liabilities 11,594 10,000
Total liabilities 82,600 63,487
Commitments and contingencies
Stockholders’ equity:
Common stock and paid-in capital – shares authorized 24,000; outstanding 8,239 and
8,328 68,366 67,306
Retained earnings 17,710 9,895
Accumulated other comprehensive income 3,708
1,743
Total stockholders’ equity 89,784 78,944
Total liabilities and stockholders’ equity $ 172,384 $ 142,431
See accompanying notes.