Earnings Release FY24 Q3

Balance Sheets
(In millions) (Unaudited)
(In millions) (Unaudited)		March 31, 2024	June 30, 2023
	Assets
	Current assets:
	Cash and cash equivalents	$ 19,634	$ 34,704
	Short-term investments	60,387	76,558
	Total cash, cash equivalents, and short-term investments	80,021	111,262
	Accounts receivable, net of allowance for doubtful accounts of $616 and $650	44,029	48,688
	Inventories	1,304	2,500
	Other current assets	21,826	21,807
	Total current assets	147,180	184,257
	Property and equipment, net of accumulated depreciation of $74,945 and $68,251	121,375	95,641
	Operating lease right-of-use assets	17,371	14,346
	Equity and other investments	14,807	9,879
	Goodwill	119,163	67,886
	Intangible assets, net	28,828	9,366
	Other long-term assets	35,551	30,601
	Total assets	$ 484,275	$ 411,976
	Liabilities and stockholders' equity
	Current liabilities:
	Accounts payable	$ 18,087	$ 18,095
	Short-term debt	20,535	0
	Current portion of long-term debt	2,249	5,247
	Accrued compensation	10,432	11,009
	Short-term income taxes	7,311	4,152
	Short-term unearned revenue	41,888	50,901
	Other current liabilities	18,023	14,745
	Total current liabilities	118,525	104,149
	Long-term debt	42,658	41,990
	Long-term income taxes	26,786	25,560
	Long-term unearned revenue	2,945	2,912
	Deferred income taxes	2,469	433
	Operating lease liabilities	14,469	12,728
	Other long-term liabilities	23,271	17,981
	Total liabilities	231,123	205,753
	Commitments and contingencies
	Stockholders' equity:
	Common stock and paid-in capital - shares authorized 24,000; outstanding 7,433 and 7,432	99,193	93,718
	Retained earnings	159,394	118,848
	Accumulated other comprehensive loss	(5,435)	(6,343)
	Total stockholders' equity	253,152	206,223
	Total liabilities and stockholders' equity	$ 484,275	$ 411,976

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