Stock Analysis on Net

Microsoft Corp. (NASDAQ:MSFT)

Balance Sheet: Liabilities and Stockholders’ Equity

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

Microsoft Corp., consolidated balance sheet: liabilities and stockholders’ equity

US$ in millions

Microsoft Excel
Jun 30, 2022 Jun 30, 2021 Jun 30, 2020 Jun 30, 2019 Jun 30, 2018 Jun 30, 2017
Accounts payable 19,000  15,163  12,530  9,382  8,617  7,390 
Short-term debt —  —  —  —  —  9,072 
Current portion of long-term debt 2,749  8,072  3,749  5,516  3,998  1,049 
Accrued compensation 10,661  10,057  7,874  6,830  6,103  5,819 
Short-term income taxes 4,067  2,174  2,130  5,665  2,121  718 
Short-term unearned revenue 45,538  41,525  36,000  32,676  28,905  34,102 
Securities lending payable —  —  —  —  —  97 
Current finance lease liabilities 1,060  791  540  317  176  113 
Other current liabilities, excluding finance leases 12,007  10,875  9,487  9,034  8,568  6,167 
Current liabilities 95,082  88,657  72,310  69,420  58,488  64,527 
Long-term debt, excluding current portion 47,032  50,074  59,578  66,662  72,242  76,073 
Long-term income taxes 26,069  27,190  29,432  29,612  30,265  — 
Long-term unearned revenue 2,870  2,616  3,180  4,530  3,815  10,377 
Deferred income taxes 230  198  204  233  541  531 
Long-term operating lease liabilities 11,489  9,629  7,671  6,188  5,568  — 
Long-term finance lease liabilities 13,842  11,750  8,956  6,257  4,125  2,425 
Other long-term liabilities, excluding finance leases 1,684  1,677  1,676  1,324  1,086  14,759 
Long-term liabilities 103,216  103,134  110,697  114,806  117,642  104,165 
Total liabilities 198,298  191,791  183,007  184,226  176,130  168,692 
Common stock and paid-in capital 86,939  83,111  80,552  78,520  71,223  69,315 
Retained earnings 84,281  57,055  34,566  24,150  13,682  2,648 
Accumulated other comprehensive income (loss) (4,678) 1,822  3,186  (340) (2,187) 431 
Stockholders’ equity 166,542  141,988  118,304  102,330  82,718  72,394 
Total liabilities and stockholders’ equity 364,840  333,779  301,311  286,556  258,848  241,086 

Based on: 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30), 10-K (reporting date: 2018-06-30), 10-K (reporting date: 2017-06-30).

Balance sheet item Description The company
Current liabilities Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Microsoft Corp. current liabilities increased from 2020 to 2021 and from 2021 to 2022.
Long-term liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Microsoft Corp. long-term liabilities decreased from 2020 to 2021 but then slightly increased from 2021 to 2022.
Total liabilities Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Microsoft Corp. total liabilities increased from 2020 to 2021 and from 2021 to 2022.
Stockholders’ equity Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Microsoft Corp. stockholders’ equity increased from 2020 to 2021 and from 2021 to 2022.