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: 2018 | |||
CASH FLOWS STATEMENTS | |||
Period Ending June 30, 2018 10-K (Filed: Aug 3, 2018) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| June 30, 2018 | June 30, 2017 | June 30, 2016 | |
| Operations | |||
| Net income | $ 16,571 [1] | 25,489 | 20,539 |
| Adjustments to reconcile net income to net cash from operations: | |||
| Asset impairments | 0 | 0 | 630 |
| Depreciation, amortization, and other | 10,261 | 8,778 | 6,622 |
| Stock-based compensation expense | 3,940 | 3,266 | 2,668 |
| Net recognized gains on investments and derivatives | (2,212) | (2,073) | (223) |
| Deferred income taxes | (5,143) | (829) | 2,479 |
| Changes in operating assets and liabilities: | |||
| Accounts receivable | (3,862) | (1,216) | 562 |
| Inventories | (465) | 50 | 600 |
| Other current assets | (952) | 1,028 | (1,212) |
| Other long-term assets | (285) | (917) | (1,110) |
| Accounts payable | 1,148 | 81 | 88 |
| Unearned revenue | 5,922 | 3,820 | 2,565 |
| Income taxes | 18,183 | 1,792 | (298) |
| Other current liabilities | 798 | 356 | (179) |
| Other long-term liabilities | (20) | (118) | (406) |
| Net cash from operations | 43,884 | 39,507 | 33,325 |
| Financing | |||
| Proceeds from issuance (repayments) of short-term debt, maturities of 90 days or less, net | (7,324) | (4,963) | 7,195 |
| Proceeds from issuance of debt | 7,183 | 44,344 | 13,884 |
| Repayments of debt | (10,060) | (7,922) | (2,796) |
| Common stock issued | 1,002 | 772 | 668 |
| Common stock repurchased | (10,721) | (11,788) | (15,969) |
| Common stock cash dividends paid | (12,699) | (11,845) | (11,006) |
| Other, net | (971) | (190) | (369) |
| Net cash from (used in) financing | (33,590) | 8,408 | (8,393) |
| Investing | |||
| Additions to property and equipment | (11,632) | (8,129) | (8,343) |
| Acquisition of companies, net of cash acquired, and purchases of intangible and other assets | (888) | (25,944) | (1,393) |
| Purchases of investments | (137,380) | (176,905) | (129,758) |
| Maturities of investments | 26,360 | 28,044 | 22,054 |
| Sales of investments | 117,577 | 136,350 | 93,287 |
| Securities lending payable | (98) | (197) | 203 |
| Net cash used in investing | (6,061) | (46,781) | (23,950) |
| Effect of foreign exchange rates on cash and cash equivalents | 50 | 19 | (67) |
| Net change in cash and cash equivalents | 4,283 | 1,153 | 915 |
| Cash and cash equivalents, beginning of period | 7,663 | 6,510 | |
| Cash and cash equivalents, end of period | 11,946 | 7,663 | 6,510 |
| [1] Reflects the net charge (benefit) related to the TCJA of $13.8 billion for the second quarter, $(104) million for the fourth quarter, and $13.7 billion for fiscal year 2018. | |||
| External Links | |
| MICROSOFT CORP (MSFT) Fiscal Year 2018 | |
| 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 |