10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
MICROSOFT CORP | |||
Ticker: MSFT Fiscal Year: 2011 | |||
CASH FLOWS STATEMENTS | |||
Period Ending June 30, 2011 10-K (Filed: July 28, 2011) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| June 30, 2011 | June 30, 2010 | June 30, 2009 | |
| Operations | |||
| Net income | $ 23,150 | 18,760 | 14,569 |
| Adjustments to reconcile net income to net cash from operations: | |||
| Depreciation, amortization, and other | 2,766 | 2,673 | 2,562 |
| Stock-based compensation expense | 2,166 | 1,891 | 1,708 |
| Net recognized losses (gains) on investments and derivatives | (362) | (208) | 683 |
| Excess tax benefits from stock-based compensation | (17) | (45) | (52) |
| Deferred income taxes | 2 | (220) | 762 |
| Deferral of unearned revenue | 31,227 | 29,374 | 24,409 |
| Recognition of unearned revenue | (28,935) | (28,813) | (25,426) |
| Changes in operating assets and liabilities: | |||
| Accounts receivable | (1,451) | (2,238) | 2,215 |
| Inventories | (561) | (44) | 255 |
| Other current assets | (1,259) | 464 | (677) |
| Other long-term assets | 62 | (223) | (273) |
| Accounts payable | 58 | 844 | (671) |
| Other current liabilities | (1,146) | 451 | (2,700) |
| Other long-term liabilities | 1,294 | 1,407 | 1,673 |
| Net cash from operations | 26,994 | 24,073 | 19,037 |
| Financing | |||
| Short-term debt borrowings (repayments), maturities of 90 days or less, net | (186) | (991) | 1,178 |
| Proceeds from issuance of debt, maturities longer than 90 days | 6,960 | 4,167 | 4,796 |
| Repayments of debt, maturities longer than 90 days | (814) | (2,986) | (228) |
| Common stock issued | 2,422 | 2,311 | 579 |
| Common stock repurchased | (11,555) | (11,269) | (9,353) |
| Common stock cash dividends paid | (5,180) | (4,578) | (4,468) |
| Excess tax benefits from stock-based compensation | 17 | 45 | 52 |
| Other | (40) | 10 | (19) |
| Net cash used in financing | (8,376) | (13,291) | (7,463) |
| Investing | |||
| Additions to property and equipment | (2,355) | (1,977) | (3,119) |
| Acquisition of companies, net of cash acquired | (71) | (245) | (868) |
| Purchases of investments | (35,993) | (30,168) | (36,850) |
| Maturities of investments | 6,897 | 7,453 | 6,191 |
| Sales of investments | 15,880 | 15,125 | 19,806 |
| Securities lending payable | 1,026 | (1,502) | (930) |
| Net cash used in investing | (14,616) | (11,314) | (15,770) |
| Effect of exchange rates on cash and cash equivalents | 103 | (39) | (67) |
| Net change in cash and cash equivalents | 4,105 | (571) | (4,263) |
| Cash and cash equivalents, beginning of period | 5,505 | 6,076 | |
| Cash and cash equivalents, end of period | 9,610 | 5,505 | 6,076 |
| External Links | |
| MICROSOFT CORP (MSFT) Fiscal Year 2011 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |