Earnings Release FY23 Q4

Balance Sheets
(In millions)		June 30,
(In millions)		2023	2022
	Assets
	Current assets:
	Cash and cash equivalents	$ 34,704	$ 13,931
	Short-term investments	76,558	90,826
	Total cash, cash equivalents, and short-term investments	111,262	104,757
	Accounts receivable, net of allowance for doubtful accounts of $650 and $633	48,688	44,261
	Inventories	2,500	3,742
	Other current assets	21,807	16,924
	Total current assets	184,257	169,684
	Property and equipment, net of accumulated depreciation of $68,251 and $59,660	95,641	74,398
	Operating lease right-of-use assets	14,346	13,148
	Equity investments	9,879	6,891
	Goodwill	67,886	67,524
	Intangible assets, net	9,366	11,298
	Other long-term assets	30,601	21,897
	Total assets	$ 411,976	$ 364,840
	Liabilities and stockholders' equity
	Current liabilities:
	Accounts payable	$ 18,095	$ 19,000
	Current portion of long-term debt	5,247	2,749
	Accrued compensation	11,009	10,661
	Short-term income taxes	4,152	4,067
	Short-term unearned revenue	50,901	45,538
	Other current liabilities	14,745	13,067
	Total current liabilities	104,149	95,082
	Long-term debt	41,990	47,032
	Long-term income taxes	25,560	26,069
	Long-term unearned revenue	2,912	2,870
	Deferred income taxes	433	230
	Operating lease liabilities	12,728	11,489
	Other long-term liabilities	17,981	15,526
	Total liabilities	205,753	198,298
	Commitments and contingencies
	Stockholders' equity:
	Common stock and paid-in capital - shares authorized 24,000; outstanding 7,432 and 7,464	93,718	86,939
	Retained earnings	118,848	84,281
	Accumulated other comprehensive loss	(6,343)	(4,678)
	Total stockholders' equity	206,223	166,542
	Total liabilities and stockholders' equity	$ 411,976	$ 364,840

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