Financial Statements

Microsoft Corp

Microsoft Corp (MSFT)

$200.59
-6.83 (-3.29%)

Income Statement

Quarter Data

Balance Sheet Statement

Quarter Data
Year 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Short-term debt 1,000.00---2,000.004,985.0012,904.009,072.00---
Other Assets 6,635.007,221.006,647.007,659.0010,006.008,847.009,399.009,646.0012,511.0022,669.0021,920.00
Total current liabilities 26,147.0028,774.0032,688.0037,417.0045,625.0049,647.0059,357.0055,745.0058,488.0069,420.0072,310.00
Cash and cash equivalents 5,505.009,610.006,938.003,804.008,669.005,595.006,510.007,663.0011,946.0011,356.0013,576.00
Long-term debt 4,939.0011,921.0010,713.0012,601.0020,645.0027,808.0041,318.0078,498.0076,367.0072,919.0068,534.00
Cash and short-term investments 36,788.0052,772.0063,040.0076,775.0085,465.0096,282.00113,167.00132,881.00133,650.00133,819.00136,527.00
Total debt 5,939.0011,921.0011,944.0015,600.0022,645.0035,292.0054,247.0088,732.0080,541.0078,752.0072,823.00
Inventories 740.001,372.001,137.001,938.002,660.002,902.002,251.002,181.002,662.002,063.001,895.00
Deferred revenue 13,652.0015,722.0018,653.0020,639.0023,150.0023,223.0027,468.0034,102.0028,905.0032,676.0036,000.00
Goodwill and Intangible Assets 13,552.0013,325.0016,622.0017,738.0027,108.0021,774.0021,605.0045,228.0043,736.0049,776.0050,389.00
Total non-current liabilities 13,791.0022,847.0022,220.0026,070.0036,975.0044,742.0062,114.00106,856.00117,642.00114,806.00110,697.00
Total non-current assets 30,437.0033,786.0036,187.0040,965.0058,138.0051,675.0053,808.0087,616.0089,186.00111,004.00119,396.00
Total liabilities 39,938.0051,621.0054,908.0063,487.0082,600.0094,389.00121,471.00162,601.00176,130.00184,226.00183,007.00
Total assets 86,113.00108,704.00121,271.00142,431.00172,384.00174,472.00193,468.00250,312.00258,848.00286,556.00301,311.00
Other comprehensive income 288.0042.00-9.00-51.00177.00-647.00-1,404.00-1,198.00-1,295.00-1,828.00-2,292.00
Short-term investments 31,283.0043,162.0056,102.0072,971.0076,796.0090,687.00106,657.00125,218.00121,704.00122,463.00122,951.00
Property, Plant & Equipment Net 7,630.008,162.008,269.009,991.0013,011.0014,731.0018,356.0030,289.0036,146.0043,856.0052,904.00
Net Debt 434.002,311.005,006.0011,796.0013,976.0029,697.0047,737.0081,069.0068,595.0067,396.0059,247.00
Investments 39,037.0054,027.0065,878.0083,815.0091,386.00102,715.00117,070.00131,174.00123,566.00125,112.00125,916.00
Total shareholders equity 46,175.0057,083.0066,363.0078,944.0089,784.0080,083.0071,997.0087,711.0082,718.00102,330.00118,304.00
Retained earnings (deficit) -17,736.00-8,195.00-856.009,895.0017,710.009,096.002,282.0017,769.0013,682.0024,150.0034,566.00
Long-term investments 7,754.0010,865.009,776.0010,844.0014,590.0012,028.0010,413.005,956.001,862.002,649.002,965.00
Receivables 13,014.0014,987.0015,780.0017,486.0019,544.0017,908.0018,277.0022,431.0026,481.0029,524.0032,011.00
Payables 4,025.004,197.004,175.004,828.007,432.006,591.006,898.007,390.008,617.009,382.0012,530.00
Total current assets 55,676.0074,918.0085,084.00101,466.00114,246.00122,797.00139,660.00162,696.00169,662.00175,552.00181,915.00

Cash Flow Statement

Quarter Data
Year 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Operating Cash Flow 24,073.0026,994.0031,626.0028,833.0032,231.0029,080.0033,325.0039,507.0043,884.0052,185.0060,675.00
Free Cash Flow 22,096.0024,639.0029,321.0024,576.0026,746.0023,136.0024,982.0031,378.0032,252.0038,260.0045,234.00
Capital Expenditure -1,977.00-2,355.00-2,305.00-4,257.00-5,485.00-5,944.00-8,343.00-8,129.00-11,632.00-13,925.00-15,441.00
Depreciation & Amortization 2,673.002,766.002,967.003,755.005,212.005,957.006,622.008,778.0010,261.0011,682.0012,796.00
Acquisitions and disposals -245.00-71.00-10,112.00-1,584.00-5,937.00-3,723.00-1,393.00-25,944.00-888.00-2,388.00-2,521.00
Deferred income taxes -220.002.00954.00-19.00-331.00224.002,479.00-829.00-5,143.00-6,463.0011.00
Investment purchases -41,437.00-47,548.00-5,029.00-5,360.00-7,316.00-14,443.00-15,969.00-11,788.00-10,721.00-19,543.00-100,158.00
Accounts payables -58.00-31.00537.00473.00-1,054.0088.0081.001,148.00232.003,018.00
Sales/Maturities of investments 7,453.006,897.0015,575.005,130.005,272.0015,013.0022,054.0028,044.0026,360.0020,043.0084,170.00
Change in working capital 661.00-3,003.00-174.00-1,375.00624.001,513.00610.004,876.0020,467.003,866.00-1,483.00
Debt repayment 991.00186.00--1,346.00-4,388.00-5,981.00-9,991.00-2,959.00-2,736.00-4,000.00-5,518.00
Other non-cash items 2,199.004,079.0010,901.004,609.004,652.009,193.003,075.001,193.001,728.003,860.005,070.00
Investing Cash Flow -11,314.00-14,616.00-24,786.00-23,811.00-18,833.00-23,001.00-23,950.00-46,781.00-6,061.00-15,773.00-12,223.00
Cash at beginning of period 6,076.005,505.009,610.006,938.003,804.008,669.005,595.006,510.007,663.0011,946.0011,356.00
Stock-based compensation 1,891.002,166.002,244.002,406.002,446.002,574.002,668.003,266.003,940.004,652.005,289.00
Net cash flow / Change in cash -571.004,105.00-2,672.00-3,134.004,865.00-3,074.00915.001,153.004,283.00-590.002,220.00
Effect of forex changes on cash -39.00103.00-104.00-8.00-139.00-73.00-67.0019.0050.00-115.00-201.00
Financing Cash Flow -13,291.00-8,376.00-9,408.00-8,148.00-8,394.00-9,080.00-8,393.008,408.00-33,590.00-36,887.00-46,031.00
Dividend payments -4,578.00-5,180.00-6,385.00-7,455.00-8,879.00-9,882.00-11,006.00-11,845.00-12,699.00-13,811.00-15,137.00
Accounts receivables -2,238.00-1,451.00-1,156.00-1,807.00-1,120.001,456.00-530.00-925.00-3,862.00-2,812.00-2,577.00
Cash at end of period 5,505.009,610.006,938.003,804.008,669.005,595.006,510.007,663.0011,946.0011,356.0013,576.00
Net cash provided by operating activities 24,073.0026,994.0031,626.0028,833.0032,231.0029,080.0033,325.0039,507.0043,884.0052,185.0060,675.00
Other working capital 29,529.0046,144.0052,396.0064,049.0068,621.0074,854.0080,303.0095,324.00111,174.00106,132.00109,605.00
Inventory --561.00184.00-802.00-161.00-272.00600.0050.00-465.00597.00168.00

Retained Earning Schedule

Year 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Retained Earnings (Previous Year) -23,793-17,736-8,195-8569,89517,7109,0962,28217,76913,68224,150
Net Income 18,76023,15016,97821,86322,07412,19320,53925,48916,57139,24044,281
Stock Dividends -8,125-8,429-3,254-3,657-5,380-10,925-16,3471,843-7,959-14,961-18,728
Dividend Paid -4,578-5,180-6,385-7,455-8,879-9,882-11,006-11,845-12,699-13,811-15,137
Retained Earnings -17,736-8,195-8569,89517,7109,0962,28217,76913,68224,15034,566

PPE Schedule

Year 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Gross PPE 7,5357,6308,1628,2699,99113,01114,73118,35630,28936,14643,856
Annual Depreciation 2,0722,8872,4125,9798,5057,66411,96820,06217,48921,63524,489
Capital Expenditure -1,977-2,355-2,305-4,257-5,485-5,944-8,343-8,129-11,632-13,925-15,441
Net PPE 7,6308,1628,2699,99113,01114,73118,35630,28936,14643,85652,904

Intangible and Goodwill Schedule

Year 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Intangible and Goodwill (Previous Year) 14,26213,55213,32516,62217,73827,10821,77421,60545,22843,73649,776
New Purchases -41,437-47,548-5,029-5,360-7,316-14,443-15,969-11,788-10,721-19,543-100,158
Intangible and Goodwill 13,55213,32516,62217,73827,10821,77421,60545,22843,73649,77650,389

Microsoft Corp income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Microsoft Corp FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.