Earnings Release FY22 Q1

Balance Sheets
(In millions) (Unaudited)
(In millions) (Unaudited)		September 30, 2021	June 30, 2021
	Assets
	Current assets:
	Cash and cash equivalents	$ 19,165	$ 14,224
	Short-term investments	111,450	116,110
	Total cash, cash equivalents, and short-term investments	130,615	130,334
	Accounts receivable, net of allowance for doubtful accounts of $536 and $751	27,349	38,043
	Inventories	3,411	2,636
	Other current assets	12,951	13,393
	Total current assets	174,326	184,406
	Property and equipment, net of accumulated depreciation of $52,469 and $51,351	63,772	59,715
	Operating lease right-of-use assets	11,575	11,088
	Equity investments	6,393	5,984
	Goodwill	50,455	49,711
	Intangible assets, net	7,794	7,800
	Other long-term assets	21,103	15,075
	Total assets	$ 335,418	$ 333,779
	Liabilities and stockholders' equity
	Current liabilities:
	Accounts payable	$ 14,832	$ 15,163
	Current portion of long-term debt	3,249	8,072
	Accrued compensation	6,894	10,057
	Short-term income taxes	6,272	2,174
	Short-term unearned revenue	38,465	41,525
	Other current liabilities	10,816	11,666
	Total current liabilities	80,528	88,657
	Long-term debt	50,039	50,074
	Long-term income taxes	25,715	27,190
	Long-term unearned revenue	2,550	2,616
	Deferred income taxes	212	198
	Operating lease liabilities	10,050	9,629
	Other long-term liabilities	14,346	13,427
	Total liabilities	183,440	191,791
	Commitments and contingencies
	Stockholders' equity:
	Common stock and paid-in capital - shares authorized 24,000; outstanding 7,510 and 7,519	83,751	83,111
	Retained earnings	66,944	57,055
	Accumulated other comprehensive income	1,283	1,822
	Total stockholders' equity	151,978	141,988
	Total liabilities and stockholders' equity	$ 335,418	$ 333,779

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