Microsoft Excel LibreOffice Calc

Microsoft Corp. (MSFT)


Statement of Financial Position, Liabilities and Stockholders’ Equity

Difficulty: Beginner

The statement of financial position provides creditors, investors, and analysts with information on company’s resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company’s 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 Statement of Financial Position, Liabilities and Stockholders’ Equity

USD $ in millions

Microsoft Excel LibreOffice Calc
Jun 30, 2018 Jun 30, 2017 Jun 30, 2016 Jun 30, 2015 Jun 30, 2014 Jun 30, 2013
Accounts payable 8,617  7,390  6,898  6,591  7,432  4,828 
Short-term debt —  9,072  12,904  4,985  2,000  — 
Current portion of long-term debt 3,998  1,049  —  2,499  —  2,999 
Accrued compensation 6,103  5,819  5,264  5,096  4,797  4,117 
Short-term income taxes 2,121  718  580  606  782  592 
Short-term unearned revenue 28,905  34,102  27,468  23,223  23,150  20,639 
Securities lending payable —  97  294  92  558  645 
Other 8,744  6,280  5,949  6,766  6,906  3,597 
Current liabilities 58,488  64,527  59,357  49,858  45,625  37,417 
Long-term debt, excluding current portion 72,242  76,073  40,783  27,808  20,645  12,601 
Long-term income taxes 30,265  —  —  —  —  — 
Long-term unearned revenue 3,815  10,377  6,441  2,095  2,008  1,760 
Deferred income taxes 541  531  1,476  2,835  2,728  1,709 
Operating lease liabilities 5,568  —  —  —  —  — 
Other long-term liabilities 5,211  17,184  13,640  13,544  11,594  10,000 
Long-term liabilities 117,642  104,165  62,340  46,282  36,975  26,070 
Total liabilities 176,130  168,692  121,697  96,140  82,600  63,487 
Common stock and paid-in capital 71,223  69,315  68,178  68,465  68,366  67,306 
Retained earnings 13,682  2,648  2,282  9,096  17,710  9,895 
Accumulated other comprehensive income (loss) (2,187) 431  1,537  2,522  3,708  1,743 
Stockholders’ equity 82,718  72,394  71,997  80,083  89,784  78,944 
Total liabilities and stockholders’ equity 258,848  241,086  193,694  176,223  172,384  142,431 

Based on: 10-K (filing date: 2018-08-03), 10-K (filing date: 2017-08-02), 10-K (filing date: 2016-07-28), 10-K (filing date: 2015-07-31), 10-K (filing date: 2014-07-31), 10-K (filing date: 2013-07-30).

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.’s current liabilities increased from 2016 to 2017 but then declined significantly from 2017 to 2018.
Long-term liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Microsoft Corp.’s long-term liabilities increased from 2016 to 2017 and from 2017 to 2018.
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.’s total liabilities increased from 2016 to 2017 and from 2017 to 2018.
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’s 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.’s stockholders’ equity increased from 2016 to 2017 and from 2017 to 2018.