Stock Analysis on Net
Stock Analysis on Net
Microsoft Excel LibreOffice Calc

Microsoft Corp. (NASDAQ:MSFT)

Balance Sheet: Liabilities and Stockholders’ Equity

Beginner level

The balance sheet 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 balance sheet: liabilities and stockholders’ equity

US$ in millions

Microsoft Excel LibreOffice Calc
Jun 30, 2020 Jun 30, 2019 Jun 30, 2018 Jun 30, 2017 Jun 30, 2016 Jun 30, 2015
Accounts payable 12,530  9,382  8,617  7,390  6,898  6,591 
Short-term debt —  —  —  9,072  12,904  4,985 
Current portion of long-term debt 3,749  5,516  3,998  1,049  —  2,499 
Accrued compensation 7,874  6,830  6,103  5,819  5,264  5,096 
Short-term income taxes 2,130  5,665  2,121  718  580  606 
Short-term unearned revenue 36,000  32,676  28,905  34,102  27,468  23,223 
Securities lending payable —  —  —  97  294  92 
Other current liabilities 10,027  9,351  8,744  6,280  5,949  6,766 
Current liabilities 72,310  69,420  58,488  64,527  59,357  49,858 
Long-term debt, excluding current portion 59,578  66,662  72,242  76,073  40,783  27,808 
Long-term income taxes 29,432  29,612  30,265  —  —  — 
Long-term unearned revenue 3,180  4,530  3,815  10,377  6,441  2,095 
Deferred income taxes 204  233  541  531  1,476  2,835 
Long-term operating lease liabilities 7,671  6,188  5,568  —  —  — 
Other long-term liabilities 10,632  7,581  5,211  17,184  13,640  13,544 
Long-term liabilities 110,697  114,806  117,642  104,165  62,340  46,282 
Total liabilities 183,007  184,226  176,130  168,692  121,697  96,140 
Common stock and paid-in capital 80,552  78,520  71,223  69,315  68,178  68,465 
Retained earnings 34,566  24,150  13,682  2,648  2,282  9,096 
Accumulated other comprehensive income (loss) 3,186  (340) (2,187) 431  1,537  2,522 
Stockholders’ equity 118,304  102,330  82,718  72,394  71,997  80,083 
Total liabilities and stockholders’ equity 301,311  286,556  258,848  241,086  193,694  176,223 

Based on: 10-K (filing date: 2020-07-31), 10-K (filing date: 2019-08-01), 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).

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.’s current liabilities increased from 2018 to 2019 and from 2019 to 2020.
Long-term liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Microsoft Corp.’s long-term liabilities decreased from 2018 to 2019 and from 2019 to 2020.
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 2018 to 2019 but then slightly decreased from 2019 to 2020.
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 2018 to 2019 and from 2019 to 2020.