6/30/2021 6/30/2020 6/30/2019 6/30/2018 $14,224 116,110 $13,576 122,951 $11,356 $11,946 122,463 121,822 38,043 2,636 13,393 184,406 32,011 1,895 11,482 181,915 29,524 2,063 10,146 175,552 26,481 2,662 6,751 169,662 59,715 44,151 36,477 29,460 11,088 8,753 7,379 6,686 5,984 2,965 2,649 1,862 49,711 43,351 42,026 35,683 7,800 7,038 7,750 8,053 15,075 13,138 14,723 7,442 $333,779 $301,311 $286,556 $258,848 Annual Balance Sheet (in millions) PERIOD ENDING: Assets Current assets: Cash and cash equivalents Short-term investments Accounts receivable, net of allowance for doubtful accounts of: $751 (2021); $788 (2020); $411 (2019); $377 (2018) Inventories Other current assets Total current assets Property and equipment, net of accumulated depreciation of: $51,351 (2021); $43,197 (2020); $35,330 (2019); $29,223 (2018) Operating lease right-of-use assets Equity investments Goodwill Intangible assets, net Other long-term assets Total assets Liabilities and stockholders' equity Current liabilities: Accounts payable Short-term debt Current portion of long-term debt Accrued compensation Short-term income taxes Short-term unearned revenue Other current liabilities Total current liabilities Long-term debt Long-term income taxes Long-term unearned revenue Deferred income taxes Operating lease liabilities Other long-term liabilities Total liabilities Commitments and contingencies Stockholders' equity: Common stock and paid-in capital - shares authorized 24,000; outstanding: 7,519 (2021); 7,571 (2020); 7,643 (2019); 7,677 (2018) Retained earnings Accumulated other comprehensive income (loss) Total stockholders' equity Total liabilities and stockholders' equity $15,163 $0 8,072 10,057 2,174 41,525 11,666 88,657 50,074 27,190 2,616 198 $12,530 $0 3,749 7,874 2,130 36,000 10,027 72,310 59,578 29,432 3,180 204 $9,382 $0 5,516 6,830 5,665 32,676 9,351 69,420 66,662 29,612 4,530 233 $8,617 $0 3,998 6,103 2,121 28,905 8,744 58,488 72,242 30,265 3,815 541 5,568 5,211 176,130 9,629 13,427 191,791 7,671 10,632 6,188 7,581 184,226 183,007 83,111 80,552 78,520 71,223 57,055 34,566 24,150 13,682 1,822 3,186 (340) -2,187 141,988 118,304 102,330 82,718 $333,779 $301,311 $286,556 $258,848 6/30/2021 6/30/2020 6/30/2019 6/30/2018 Annual Income Statement (in millions) PERIOD ENDING: Revenue: Product Service and other Total revenue $71,074 97,014 168,088 $68,041 $66,069 $64,497 74,974 59,774 45,863 143,015 125,843 110,360 Cost of revenue: Product Service and other Total cost of revenue 18,219 34,013 52,232 16,017 30,061 46,078 16,273 26,637 42,910 15,420 22,933 38,353 Gross margin Research and development Sales and marketing General and administrative Restructuring Operating income Other income, net interest excluded) Interest Expense Income before income taxes Provision for (benefit from) income taxes Net income Earnings per share: Basic Diluted Weighted average shares outstanding: Basic 115,856 20,716 20,117 5,107 0 69,916 3,532 (2,346) 71,102 9,831 $61,271 96,937 82,933 72,007 19,269 16,876 14,726 19,598 18,213 17,469 5,111 4,885 4,754 0 0 0 52,959 42,959 35,058 2,668 3,415 4,149 (2,591) (2,686) (2,733) 53,036 43,688 36,474 8,755 4,448 19,903 $44,281 $39,240 $16,571 $8.12 $8.05 $5.82 $5.76 $5.11 $5.06 $2.15 $2.13 7,547 7,610 7,673 7,700 Changes (%) '20-'19 Microsoft 2021 2020 2019 2018 '21-'20 '19-'18 Days Sales Outstanding Days Inventory Outstanding Days Payable Outstanding Cash Conversion Cycle
