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, 2023 Jun 30, 2022 Jun 30, 2021 Jun 30, 2020 Jun 30, 2019 Jun 30, 2018
Accounts payable 18,095 19,000 15,163 12,530 9,382 8,617
Current portion of long-term debt 5,247 2,749 8,072 3,749 5,516 3,998
Accrued compensation 11,009 10,661 10,057 7,874 6,830 6,103
Short-term income taxes 4,152 4,067 2,174 2,130 5,665 2,121
Short-term unearned revenue 50,901 45,538 41,525 36,000 32,676 28,905
Current finance lease liabilities 1,197 1,060 791 540 317 176
Other current liabilities, excluding finance leases 13,548 12,007 10,875 9,487 9,034 8,568
Current liabilities 104,149 95,082 88,657 72,310 69,420 58,488
Long-term debt, excluding current portion 41,990 47,032 50,074 59,578 66,662 72,242
Long-term income taxes 25,560 26,069 27,190 29,432 29,612 30,265
Long-term unearned revenue 2,912 2,870 2,616 3,180 4,530 3,815
Deferred income taxes 433 230 198 204 233 541
Long-term operating lease liabilities 12,728 11,489 9,629 7,671 6,188 5,568
Long-term finance lease liabilities 15,870 13,842 11,750 8,956 6,257 4,125
Other long-term liabilities, excluding finance leases 2,111 1,684 1,677 1,676 1,324 1,086
Long-term liabilities 101,604 103,216 103,134 110,697 114,806 117,642
Total liabilities 205,753 198,298 191,791 183,007 184,226 176,130
Common stock and paid-in capital 93,718 86,939 83,111 80,552 78,520 71,223
Retained earnings 118,848 84,281 57,055 34,566 24,150 13,682
Accumulated other comprehensive income (loss) (6,343) (4,678) 1,822 3,186 (340) (2,187)
Stockholders’ equity 206,223 166,542 141,988 118,304 102,330 82,718
Total liabilities and stockholders’ equity 411,976 364,840 333,779 301,311 286,556 258,848

Based on: 10-K (reporting date: 2023-06-30), 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).

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 2021 to 2022 and from 2022 to 2023.
Long-term liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Microsoft Corp. long-term liabilities increased from 2021 to 2022 but then decreased significantly from 2022 to 2023.
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 2021 to 2022 and from 2022 to 2023.
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 2021 to 2022 and from 2022 to 2023.