10-Q Filing

MICROSOFT CORP CIK: 789019 Q1 2021

Filing Information

Form Type	10-Q
Accession Number	`0001564590-20-047996`
Period End Date	20200930
Filing Date	20201027
Fiscal Year	2021
Fiscal Period	Q1
XBRL Instance	msft-10q_20200930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 77 Income Statement 30 Cash Flow Statement 68 Stockholders Equity 14 Comprehensive Income 12

Balance Sheet 77 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$788.00M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$610.00M	USD	Point-in-time
Property and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$43.20B	USD	Point-in-time
Property and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$45.42B	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	24.00B	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$13.58B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$17.20B	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	24.00B	shares	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	7.56B	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$120.77B	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$122.95B	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	7.57B	shares	Point-in-time
Total cash, cash equivalents, and short-term investments	`CashCashEquivalentsAndShortTermInvestments`	$136.53B	USD	Point-in-time
Total cash, cash equivalents, and short-term investments	`CashCashEquivalentsAndShortTermInvestments`	$137.98B	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $610 and $788	`AccountsReceivableNetCurrent`	$32.01B	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $610 and $788	`AccountsReceivableNetCurrent`	$22.85B	USD	Point-in-time
Inventories	`InventoryNet`	$2.71B	USD	Point-in-time
Inventories	`InventoryNet`	$1.90B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$13.54B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$11.48B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$181.91B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$177.08B	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $45,417 and $43,197	`PropertyPlantAndEquipmentNet`	$44.15B	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $45,417 and $43,197	`PropertyPlantAndEquipmentNet`	$47.93B	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$8.75B	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$9.05B	USD	Point-in-time
Equity investments	`LongTermInvestments`	$2.96B	USD	Point-in-time
Equity investments	`LongTermInvestments`	$3.10B	USD	Point-in-time
Goodwill	`Goodwill`	$43.35B	USD	Point-in-time
Goodwill	`Goodwill`	$43.89B	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$6.92B	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$7.04B	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$13.14B	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$13.03B	USD	Point-in-time
Total assets	`Assets`	$301.31B	USD	Point-in-time
Total assets	`Assets`	$301.00B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$12.51B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$12.53B	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$6.50B	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$3.75B	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$5.71B	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$7.87B	USD	Point-in-time
Short-term income taxes	`AccruedIncomeTaxesCurrent`	$2.13B	USD	Point-in-time
Short-term income taxes	`AccruedIncomeTaxesCurrent`	$2.38B	USD	Point-in-time
Short-term unearned revenue	`ContractWithCustomerLiabilityCurrent`	$36.00B	USD	Point-in-time
Short-term unearned revenue	`ContractWithCustomerLiabilityCurrent`	$33.48B	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$9.48B	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$10.03B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$72.31B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$70.06B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$57.05B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$59.58B	USD	Point-in-time
Long-term income taxes	`AccruedIncomeTaxesNoncurrent`	$29.43B	USD	Point-in-time
Long-term income taxes	`AccruedIncomeTaxesNoncurrent`	$28.20B	USD	Point-in-time
Long-term unearned revenue	`ContractWithCustomerLiabilityNoncurrent`	$3.18B	USD	Point-in-time
Long-term unearned revenue	`ContractWithCustomerLiabilityNoncurrent`	$2.83B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$204.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$187.00M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$7.75B	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$7.67B	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$11.53B	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$10.63B	USD	Point-in-time
Total liabilities	`Liabilities`	$183.01B	USD	Point-in-time
Total liabilities	`Liabilities`	$177.61B	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock and paid-in capital shares authorized 24,000; outstanding 7,564 and 7,571	`CommonStocksIncludingAdditionalPaidInCapital`	$80.55B	USD	Point-in-time
Common stock and paid-in capital shares authorized 24,000; outstanding 7,564 and 7,571	`CommonStocksIncludingAdditionalPaidInCapital`	$81.09B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$39.19B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$34.57B	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$3.19B	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$3.11B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$123.39B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$106.06B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$118.30B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$301.00B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$301.31B	USD	Point-in-time

Income Statement 30 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$33.05B	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$37.15B	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$11.00B	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$10.41B	USD	1 Quarter
Gross margin	`GrossProfit`	$22.65B	USD	1 Quarter
Gross margin	`GrossProfit`	$26.15B	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$4.57B	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$4.93B	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$4.34B	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$4.23B	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$1.12B	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$1.06B	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$12.69B	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$15.88B	USD	1 Quarter
Other income, net	`NonoperatingIncomeExpense`	$248.00M	USD	1 Quarter
Other income, net	`NonoperatingIncomeExpense`	-	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$12.69B	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$16.12B	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$2.01B	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$2.23B	USD	1 Quarter
Net income	`NetIncomeLoss`	$10.68B	USD	1 Quarter
Net income	`NetIncomeLoss`	$13.89B	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$1.84	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$1.40	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$1.82	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$1.38	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	7.63B	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	7.57B	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	7.64B	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	7.71B	shares	1 Quarter

Cash Flow Statement 68 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$10.68B	USD	1 Quarter
Net income	`NetIncomeLoss`	$13.89B	USD	1 Quarter
Depreciation, amortization, and other	`DepreciationAmortizationAndOther`	$2.65B	USD	1 Quarter
Depreciation, amortization, and other	`DepreciationAmortizationAndOther`	$2.97B	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$1.26B	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$1.46B	USD	1 Quarter
Net recognized losses (gains) on investments and derivatives	`GainLossOnInvestmentsAndDerivativeInstruments`	$-11.00M	USD	1 Quarter
Net recognized losses (gains) on investments and derivatives	`GainLossOnInvestmentsAndDerivativeInstruments`	$128.00M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-177.00M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-11.00M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-8.84B	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-10.09B	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$561.00M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$808.00M	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$438.00M	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$54.00M	USD	1 Quarter
Other long-term assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$333.00M	USD	1 Quarter
Other long-term assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$62.00M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$315.00M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-547.00M	USD	1 Quarter
Unearned revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-2.89B	USD	1 Quarter
Unearned revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-3.06B	USD	1 Quarter
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-3.34B	USD	1 Quarter
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-983.00M	USD	1 Quarter
Other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-3.32B	USD	1 Quarter
Other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-2.95B	USD	1 Quarter
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$410.00M	USD	1 Quarter
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$244.00M	USD	1 Quarter
Net cash from operations	`NetCashProvidedByUsedInOperatingActivities`	$13.82B	USD	1 Quarter
Net cash from operations	`NetCashProvidedByUsedInOperatingActivities`	$19.34B	USD	1 Quarter
Repayments of debt	`RepaymentsOfDebtMaturingInMoreThanThreeMonths`	-	USD	1 Quarter
Repayments of debt	`RepaymentsOfDebtMaturingInMoreThanThreeMonths`	$2.50B	USD	1 Quarter
Common stock issued	`ProceedsFromIssuanceOfCommonStock`	$427.00M	USD	1 Quarter
Common stock issued	`ProceedsFromIssuanceOfCommonStock`	$545.00M	USD	1 Quarter
Common stock repurchased	`PaymentsForRepurchaseOfCommonStock`	$6.74B	USD	1 Quarter
Common stock repurchased	`PaymentsForRepurchaseOfCommonStock`	$4.91B	USD	1 Quarter
Common stock cash dividends paid	`PaymentsOfDividendsCommonStock`	$3.51B	USD	1 Quarter
Common stock cash dividends paid	`PaymentsOfDividendsCommonStock`	$3.86B	USD	1 Quarter
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$286.00M	USD	1 Quarter
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-235.00M	USD	1 Quarter
Net cash used in financing	`NetCashProvidedByUsedInFinancingActivities`	$-10.29B	USD	1 Quarter
Net cash used in financing	`NetCashProvidedByUsedInFinancingActivities`	$-10.21B	USD	1 Quarter
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.38B	USD	1 Quarter
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.91B	USD	1 Quarter
Acquisition of companies, net of cash acquired, and purchases of intangible and other assets	`AcquisitionsNetOfCashAcquiredAndPurchasesOfIntangibleAndOtherAssets`	$462.00M	USD	1 Quarter
Acquisition of companies, net of cash acquired, and purchases of intangible and other assets	`AcquisitionsNetOfCashAcquiredAndPurchasesOfIntangibleAndOtherAssets`	$481.00M	USD	1 Quarter
Purchases of investments	`PaymentsToAcquireInvestments`	$14.58B	USD	1 Quarter
Purchases of investments	`PaymentsToAcquireInvestments`	$23.39B	USD	1 Quarter
Maturities of investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$19.08B	USD	1 Quarter
Maturities of investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$14.27B	USD	1 Quarter
Sales of investments	`ProceedsFromInvestments`	$2.41B	USD	1 Quarter
Sales of investments	`ProceedsFromInvestments`	$6.38B	USD	1 Quarter
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$2.08B	USD	1 Quarter
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	1 Quarter
Net cash used in investing	`NetCashProvidedByUsedInInvestingActivities`	$-5.37B	USD	1 Quarter
Net cash used in investing	`NetCashProvidedByUsedInInvestingActivities`	$-1.78B	USD	1 Quarter
Effect of foreign exchange rates on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-46.00M	USD	1 Quarter
Effect of foreign exchange rates on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-72.00M	USD	1 Quarter
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$3.63B	USD	1 Quarter
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$1.76B	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$13.58B	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$17.20B	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$11.36B	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$13.12B	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$13.58B	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$17.20B	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$11.36B	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$13.12B	USD	Point-in-time

Stockholders Equity 14 line items

Line Item	Tag	Value	Unit	Period
Balance, beginning of period	`StockholdersEquity`	$123.39B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquity`	$106.06B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquity`	$118.30B	USD	Point-in-time
Net income	`NetIncomeLoss`	$10.68B	USD	1 Quarter
Net income	`NetIncomeLoss`	$13.89B	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$279.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-86.00M	USD	1 Quarter
Common stock cash dividends	`DividendsCommonStockCash`	$4.24B	USD	1 Quarter
Common stock cash dividends	`DividendsCommonStockCash`	$3.89B	USD	1 Quarter
Balance, end of period	`StockholdersEquity`	$123.39B	USD	Point-in-time
Balance, end of period	`StockholdersEquity`	$106.06B	USD	Point-in-time
Balance, end of period	`StockholdersEquity`	$118.30B	USD	Point-in-time
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.51	USD	1 Quarter
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.56	USD	1 Quarter

Comprehensive Income 12 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$10.68B	USD	1 Quarter
Net income	`NetIncomeLoss`	$13.89B	USD	1 Quarter
Net change related to derivatives	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-2.00M	USD	1 Quarter
Net change related to derivatives	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$4.00M	USD	1 Quarter
Net change related to investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-201.00M	USD	1 Quarter
Net change related to investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$577.00M	USD	1 Quarter
Translation adjustments and other	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-296.00M	USD	1 Quarter
Translation adjustments and other	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$111.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$279.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-86.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$10.96B	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$13.81B	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.