Using the financial statements below, find the following information:
Net Sales(sometimes listed as Revenue)
Operating Profit(Earnings before Interest and Taxes)
Net Profit (after tax) (Sometimes listed as Earnings or Income)
Earnings per share
Current Assets
Total Assets
Current Liabilities
Total Liabilities
Retained Earnings
Total Stockholders Equity
INCOME STATEMENTS (In millions, except per share amounts) 2019 2018 2017 $ $ 66,069 59,774 64,497 45,863 63,811 32,760 96,571 125.843 110.360 Year Ended June 30, Revenue: Product Service and other Total revenue Cost of revenue: Product Service and other Total cost of revenue Gross margin Research and development Sales and marketing General and administrative Restructuring Operating income Other income, net Income before income taxes Provision for income taxes 16,273 26,637 42,910 82,933 16,876 18,213 4,885 15,420 22,933 38,353 72,007 14,726 17,469 4,754 15,175 19,086 34.261 62,310 13,037 15,461 4.481 306 29,025 876 29,901 4,412 25,489 35,058 42.959 729 43,688 4,448 39,240 1,416 36,474 19,903 16.5715 Net income $ Earnings per share: Basic 5.11 5.06 $ $ 2.15 2.13 $ $ 3.29 3.25 Diluted Weighted average shares outstanding: Basic Diluted 7,673 7,753 7,700 7,794 7,746 7,832 Refer to accompanying notes. BALANCE SHEETS (In millions) June 30, 2019 2018 Assets Current assets: Cash and cash equivalents $ Short-term investments 11,356 122,463 133,819 29,524 2,063 10.146 175,552 36,477 $ 11,946 121,822 133,768 26,481 2,662 6.751 169,662 29,460 6,686 1,862 35,683 8,053 7,442 $ 258,848 7.379 2,649 42,026 7,750 14,723 $ 286,556 $ Total cash, cash equivalents, and short-term investments Accounts receivable, net of allowance for doubtful accounts of $411 and $377 Inventories Other Total current assets Property and equipment, net of accumulated depreciation of $35,330 and $29.223 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 Current portion of long-term debt Accrued compensation Short-term income taxes Short-term unearned revenue Other 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 7,643 and 7,677 Retained earnings Accumulated other comprehensive loss Total stockholders' equity Total liabilities and stockholders' equity 9,382 5,516 6.830 5,665 32,676 9,351 69,420 66,662 29,612 4.530 233 6,188 7,581 184,226 8.617 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 78,520 24.150 (340) 102,330 $ 286,556 71,223 13,682 (2,187) 82.718 $ 258,848 Refer to accompanying notes
