10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
| ||||||||||||||
|
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
MICROSOFT CORP | |||
Ticker: MSFT Fiscal Year: 2023 | |||
CASH FLOWS STATEMENTS | |||
Period Ending June 30, 2023 10-K (Filed: July 27, 2023) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| June 30, 2023 | June 30, 2022 | June 30, 2021 | |
| Operations | |||
| Net income | $ 72,361 | 72,738 | 61,271 |
| Adjustments to reconcile net income to net cash from operations: | |||
| Depreciation, amortization, and other | 13,861 | 14,460 | 11,686 |
| Stock-based compensation expense | 9,611 | 7,502 | 6,118 |
| Net recognized losses (gains) on investments and derivatives | 196 | (409) | (1,249) |
| Deferred income taxes | (6,059) | (5,702) | (150) |
| Changes in operating assets and liabilities: | |||
| Accounts receivable | (4,087) | (6,834) | (6,481) |
| Inventories | 1,242 | (1,123) | (737) |
| Other current assets | (1,991) | (709) | (932) |
| Other long-term assets | (2,833) | (2,805) | (3,459) |
| Accounts payable | (2,721) | 2,943 | 2,798 |
| Unearned revenue | 5,535 | 5,109 | 4,633 |
| Income taxes | (358) | 696 | (2,309) |
| Other current liabilities | 2,272 | 2,344 | 4,149 |
| Other long-term liabilities | 553 | 825 | 1,402 |
| Net cash from operations | 87,582 | 89,035 | 76,740 |
| Financing | |||
| Cash premium on debt exchange | 0 | 0 | (1,754) |
| Repayments of debt | (2,750) | (9,023) | (3,750) |
| Common stock issued | 1,866 | 1,841 | 1,693 |
| Common stock repurchased | (22,245) | (32,696) | (27,385) |
| Common stock cash dividends paid | (19,800) | (18,135) | (16,521) |
| Other, net | (1,006) | (863) | (769) |
| Net cash used in financing | (43,935) | (58,876) | (48,486) |
| Investing | |||
| Additions to property and equipment | (28,107) | (23,886) | (20,622) |
| Acquisition of companies, net of cash acquired, and purchases of intangible and other assets | (1,670) | (22,038) | (8,909) |
| Purchases of investments | (37,651) | (26,456) | (62,924) |
| Maturities of investments | 33,510 | 16,451 | 51,792 |
| Sales of investments | 14,354 | 28,443 | 14,008 |
| Other, net | (3,116) | (2,825) | (922) |
| Net cash used in investing | (22,680) | (30,311) | (27,577) |
| Effect of foreign exchange rates on cash and cash equivalents | (194) | (141) | (29) |
| Net change in cash and cash equivalents | 20,773 | (293) | 648 |
| Cash and cash equivalents, beginning of period | 13,931 | 14,224 | |
| Cash and cash equivalents, end of period | 34,704 | 13,931 | 14,224 |
| External Links | |
| MICROSOFT CORP (MSFT) Fiscal Year 2023 | |