Microsoft Financial Data - FY12 Q2

This file contains downloadable content that corresponds to Microsoft's Investor Relations portal at
http://www.microsoft.com/investor. Click a link below to navigate to that section of the workbook. E
sheet contains a link back to this main page.

Current Financial Statements

Income Statement
Balance Sheet
Cash Flow
Segment Revenue & Operating Income

2 Q2

at corresponds to Microsoft's Investor Relations portal at

link below to navigate to that section of the workbook. Each
ge.

Trended Historical Financial Statements

Income Statement
Financial Operating Segment History
Unearned Revenue
Yearly Income Statements

MICROSOFT CORPORATION

INCOME STATEMENTS
(In millions, except per share amounts)
Three Months Ended December
31,
2011
Revenue

20,885

Six Months Ended December 31,

2010
$

19,953

2011
$

38,257

Operating expenses:
Cost of revenue

5,638

4,833

9,415

Research and development

2,371

2,185

4,700

Sales and marketing

3,762

3,825

6,662

General and administrative

1,120

945

2,283

12,891

11,788

23,060

7,994

8,165

15,197

245

332

348

Income before income taxes

8,239

8,497

15,545

Provision for income taxes

1,615

1,863

3,183

Total operating expenses

Operating income
Other income

Net income

6,624

6,634

12,362

Basic

0.79

0.78

1.47

Diluted

0.78

0.77

1.46

Earnings per share:

Weighted average shares outstanding:

Basic

8,402

8,497

8,397

Diluted

8,465

8,570

8,489

Cash dividends declared per common

share

0.20

0.16

0.40

nths Ended December 31,

2010
$

36,148
7,972
4,381
6,631
1,883
20,867
15,281
446
15,727
3,683

12,044

1.41

1.39
8,555
8,646

0.32

MICROSOFT CORPORATION

BALANCE SHEETS
(In millions)
December 31,
2011
Assets
Current assets:
Cash and cash equivalents

Short-term investments (including securities loaned

of $831 and $1,181)

10,610
41,126

Total cash, cash equivalents, and short-term

investments

51,736

Accounts receivable, net of allowance for doubtful

accounts of $321 and $333

13,643

Inventories

1,351

Deferred income taxes

2,169

Other

3,614

Total current assets

72,513

Property and equipment, net of accumulated depreciation

of $10,546 and $9,829

8,010

Equity and other investments

7,550

Goodwill

19,670

Intangible assets, net

2,581

Other long-term assets

1,919

Total assets

112,243

3,884

Liabilities and stockholders' equity

Current liabilities:
Accounts payable
Accrued compensation
Income taxes
Short-term unearned revenue
Securities lending payable
Other

2,677
921
13,985
849
3,057

Total current liabilities

Long-term debt

25,373
11,932

Long-term unearned revenue

1,349

Deferred income taxes

1,082

Other long-term liabilities

8,386

Total liabilities

48,122

Commitments and contingencies

Stockholders' equity:
Common stock and paid-in capital - shares authorized
24,000; outstanding 8,382 and 8,376

63,902

Retained earnings (deficit), including accumulated other

comprehensive income of $826 and $1,863

219

Total stockholders' equity

Total liabilities and stockholders' equity

64,121
$

112,243

June 30,
2011(1)

9,610
43,162
52,772
14,987
1,372
2,467
3,320
74,918
8,162
10,865
12,581
744
1,434

108,704

4,197
3,575
580
15,722
1,208
3,492
28,774
11,921
1,398
1,456
8,072
51,621

63,415

(6,332)
57,083
$

108,704

MICROSOFT CORPORATION

CASH FLOW STATEMENTS

(In millions)

Three Months Ended December

31,
2011

Six Months Ended December 31,

2010

2011

Operations
Net income

6,624

6,634

12,362

Adjustments to reconcile net income

to net cash from operations:
Depreciation, amortization, and
other

678

663

1,404

Stock-based compensation
expense

575

553

1,133

(112)

(226)

(142)

(4)

(4)

(74)

Net recognized gains on

investments and derivatives
Excess tax benefits from
stock-based compensation
Deferred income taxes
Deferral of unearned revenue
Recognition of unearned revenue

14

(117)

416

7,544

6,834

13,683

(8,057)

(7,301)

(15,710)

(3,652)

(3,270)

Changes in operating assets and

liabilities:
Accounts receivable

1,081

Inventories

891

380

(29)

Other current assets

605

(77)

865

Other long-term assets

30

118

(45)

Accounts payable

176

216

(266)

Other current liabilities

394

(500)

(599)

Other long-term liabilities

Net cash from operations

156

283

276

5,862

4,186

14,355

Financing
Short-term debt repayments,
maturities of 90 days or less, net

Proceeds from issuance of debt,

maturities longer than 90 days

Repayments of debt, maturities

longer than 90 days
Common stock issued

(1,000)
0

0
0

208

660

544

Common stock repurchased

(1,042)

(5,052)

(2,976)

Common stock cash dividends paid

(1,683)

(1,363)

(3,024)

Excess tax benefits from

stock-based compensation

74

Other

Net cash used in financing

(2,513)

(6,751)

(5,382)

(498)

(491)

(934)

Investing
Additions to property and equipment

Acquisition of companies, net of

cash acquired, and purchases of
intangible and other assets
Purchases of investments

(8,627)

(69)

(9,502)

(10,047)

(5,896)

(21,346)

Maturities of investments

6,061

1,836

8,886

Sales of investments

7,835

2,603

15,371

Securities lending payable

(292)

Net cash used in investing

Effect of exchange rates on cash
and cash equivalents

447

(358)

(5,568)

(1,570)

(7,883)
(90)

(52)

(3)

Net change in cash and cash

equivalents

(2,271)

(4,138)

1,000

Cash and cash equivalents,

beginning of period

12,881

8,161

9,610

Cash and cash equivalents, end of

period

10,610

4,023

10,610

nths Ended December 31,

2010

12,044

1,357
1,081
(255)
(9)
(265)
12,715
(14,163)

404
(88)
131
180
(184)
(1,411)
843
12,380

(186)
4,721
(814)
837
(9,451)
(2,481)
9
(25)
(7,390)

(1,055)

(69)
(13,313)
2,706
4,030
1,174
(6,527)
55
(1,482)
5,505
$

4,023

MICROSOFT CORPORATION

SEGMENT REVENUE AND OPERATING INCOME (LOSS)

(In millions)

Three Months Ended December

31,
2011

Six Months Ended December 31,

2010

2011

Revenue
Windows & Windows Live Division

Server and Tools

4,736

5,056

9,604

4,772

4,288

9,022

784

713

1,425

Microsoft Business Division

6,279

6,110

11,886

Entertainment and Devices Division

4,237

3,698

6,198

77

88

122

Online Services Division

Unallocated and other

Consolidated

20,885

19,953

38,257

2,850

3,214

6,101

Operating income (loss)

Windows & Windows Live Division
Server and Tools

1,996

Online Services Division

Microsoft Business Division

7,994

7,839

666

(1,074)
$

(971)

4,087

528

Corporate-level activity

3,593

(559)

4,152

Entertainment and Devices Division

Consolidated

1,711

(458)

877

(954)
$

8,165

(2,242)
$

15,197

nths Ended December 31,

2010
$

9,843
8,149
1,260
11,312
5,493
91

36,148

6,502
3,248
(1,132)
7,570
1,050
(1,957)

15,281

Microsoft Corporation
Quarterly Income Statements
(In millions, except earnings per share)

Revenue
Operating expenses:
Cost of revenue
Research and development 4
Sales and marketing
General and administrative 5
Other expenses (income)
Total operating expenses
Operating income
Other income (expense)
Noncontinuing items
Income before income taxes
Provision for income taxes
Income before accounting change
Cumulative effect of accounting change
Net income
Preferred stock dividends
Net income available for common shareholders
Basic earnings per share before accounting change
Diluted earnings per share before accounting change
Basic earnings per share
Diluted earnings per share

Back to Main

$
$
$
$
$
$

Q1-921
584 $
126
74
160
21
3
384
200
12
0
212
68
144
0
144
0
144
0.02
0.02
0.02
0.02

$
$
$
$
$
$

Q2-921
686 $
139
86
193
22
2
442
244
14
0
258
83
175
0
175
0
175
0.02
0.02
0.02
0.02

$
$
$
$
$
$

Q3-921
686 $
139
90
184
22
3
438
248
14
0
262
83
179
0
179
0
179
0.02
0.02
0.02
0.02

$
$
$
$
$
$

Q4-921
821 $
177
102
221
25
3
528
293
16
0
309
99
210
0
210
0
210
0.02
0.02
0.02
0.02

$
$
$
$
$
$

Q1-931
824 $
168
105
237
25
1
536
288
19
0
307
98
209
0
209
0
209
0.02
0.02
0.02
0.02

$
$
$
$
$
$

Q2-931
945
191
111
288
29
(2)
617
328
19
0
347
111
236
0
236
0
236
0.03
0.02
0.03
0.02

1 Not restated for adoption of the current accounting guidance on stock-based compensation and no recast of gains (losses) on foreign currency remeasurement
2 Recast of gains (losses) on foreign currency remeasurement
3 No recast of gains (losses) on foreign currency remeasurement
4 Includes expensed acquired in-process technology
5 Includes employee severance

$
$
$
$
$
$

Q3-931
969 $
202
116
283
30
2
633
336
21
0
357
114
243
0
243
0
243
0.03
0.02
0.03
0.02

$
$
$
$
$
$

Q4-931
1,048 $
224
138
278
35
6
681
367
23
0
390
125
265
0
265
0
265
0.03
0.03
0.03
0.03

$
$
$
$
$
$

Q1-941
996 $
228
134
256
35
4
657
339
23
0
362
123
239
0
239
0
239
0.03
0.02
0.03
0.02

$
$
$
$
$
$

Q2-941
1,146 $
260
150
279
42
2
733
413
25
0
438
149
289
0
289
0
289
0.03
0.03
0.03
0.03

$
$
$
$
$
$

Q3-941
1,261 $
284
156
300
41
4
785
476
26
(120)
382
126
256
0
256
0
256
0.03
0.03
0.03
0.03

$
$
$
$
$
$

Q4-941
1,311 $
305
170
300
48
6
829
482
28
30
540
178
362
0
362
0
362
0.04
0.04
0.04
0.04

$
$
$
$
$
$

Q1-951
1,270 $
284
178
320
51
2
835
435
36
0
471
155
316
0
316
0
316
0.03
0.03
0.03
0.03

$
$
$
$
$
$

Q2-951
1,516 $
331
199
404
62
5
1,001
515
42
0
557
184
373
0
373
0
373
0.04
0.04
0.04
0.04

$
$
$
$
$
$

Q3-951
1,627 $
355
219
436
68
5
1,083
544
48
0
592
196
396
0
396
0
396
0.04
0.04
0.04
0.04

$
$
$
$
$
$

Q4-951
1,662 $
376
264
404
86
4
1,134
528
65
(46)
547
179
368
0
368
0
368
0.04
0.04
0.04
0.04

$
$
$
$
$
$

Q1-961
2,085
522
278
514
63
4
1,381
704
66
0
770
271
499
0
499
0
499
0.05
0.05
0.05
0.05

$
$
$
$
$
$

Q2-961
2,287 $
566
305
554
76
(23)
1,478
809
76
0
885
310
575
0
575
0
575
0.06
0.06
0.06
0.06

$
$
$
$
$
$

Q3-961
2,311 $
541
337
572
87
(4)
1,533
778
86
0
864
302
562
0
562
0
562
0.06
0.05
0.06
0.05

$
$
$
$
$
$

Q4-961
2,367 $
516
406
545
90
42
1,599
768
92
0
860
301
559
0
559
0
559
0.06
0.05
0.06
0.05

$
$
$
$
$
$

Q1-971
2,405 $
482
417
518
86
49
1,552
853
92
0
945
331
614
0
614
0
614
0.06
0.06
0.06
0.06

$
$
$
$
$
$

Q2-971
2,808 $
558
449
639
81
46
1,773
1,035
105
0
1,140
399
741
0
741
(1)
740
0.08
0.07
0.08
0.07

$
$
$
$
$
$

Q3-971
3,365 $
583
474
639
101
84
1,881
1,484
119
0
1,603
561
1,042
0
1,042
(7)
1,035
0.11
0.10
0.11
0.10

$
$
$
$
$
$

Q4-971
3,358 $
547
523
615
94
80
1,859
1,499
127
0
1,626
569
1,057
0
1,057
(7)
1,050
0.11
0.10
0.11
0.10

$
$
$
$
$
$

Q1-981
3,334 $
534
899
692
95
0
2,220
1,114
88
0
1,202
539
663
0
663
(7)
656
0.07
0.06
0.07
0.06

$
$
$
$
$
$

Q2-981
3,792 $
613
648
764
106
0
2,131
1,661
109
0
1,770
637
1,133
0
1,133
(7)
1,126
0.12
0.11
0.12
0.11

$
$
$
$
$
$

Q3-981
3,984 $
640
611
731
104
0
2,086
1,898
159
0
2,057
720
1,337
0
1,337
(7)
1,330
0.14
0.12
0.14
0.12

$
$
$
$
$
$

Q4-981
4,152
673
739
700
128
0
2,240
1,912
176
0
2,088
731
1,357
0
1,357
(7)
1,350
0.14
0.13
0.14
0.13

$
$
$
$
$
$

Q1-991
4,193 $
649
651
685
101
0
2,086
2,107
396
0
2,503
820
1,683
0
1,683
(7)
1,676
0.17
0.15
0.17
0.15

$
$
$
$
$
$

Q2-991
5,195 $
788
715
798
154
0
2,455
2,740
311
0
3,051
1,068
1,983
0
1,983
(7)
1,976
0.20
0.18
0.20
0.18

$
$
$
$
$
$

Q3-991
4,595 $
708
664
842
152
0
2,366
2,229
720
0
2,949
1,032
1,917
0
1,917
(7)
1,910
0.19
0.17
0.19
0.17

$
$
$
$
$
$

Q4-991
5,764 $
669
940
913
308
0
2,830
2,934
454
0
3,388
1,186
2,202
0
2,202
(7)
2,195
0.22
0.20
0.22
0.20

$
$
$
$
$
$

Q1-001
5,384 $
712
813
922
148
0
2,595
2,789
531
0
3,320
1,129
2,191
0
2,191
(7)
2,184
0.21
0.20
0.21
0.20

$
$
$
$
$
$

Q2-001
6,112 $
756
898
1,013
514
0
3,181
2,931
760
0
3,691
1,255
2,436
0
2,436
(6)
2,430
0.24
0.22
0.24
0.22

$
$
$
$
$
$

Q3-001
5,656 $
752
974
1,010
185
0
2,921
2,735
878
0
3,613
1,228
2,385
0
2,385
0
2,385
0.23
0.22
0.23
0.22

$
$
$
$
$
$

Q4-001
5,804 $
782
1,087
1,181
203
0
3,253
2,551
1,100
0
3,651
1,242
2,409
0
2,409
0
2,409
0.23
0.22
0.23
0.22

$
$
$
$
$
$

Q1-011
5,766 $
825
956
1,038
170
0
2,989
2,777
1,075
0
3,852
1,271
2,581
(375)
2,206
0
2,206
0.24
0.23
0.21
0.20

$
$
$
$
$
$

Q2-011
6,550 $
864
990
1,290
212
0
3,356
3,194
723
0
3,917
1,293
2,624
0
2,624
0
2,624
0.25
0.24
0.25
0.24

$
$
$
$
$
$

Q3-011
6,403
899
1,069
1,198
239
0
3,405
2,998
660
0
3,658
1,207
2,451
0
2,451
0
2,451
0.23
0.22
0.23
0.22

$
$
$
$
$
$

Q4-011
6,577 $

Q1-023
6,126 $

867
1,364
1,359
236
0
3,826
2,751
(2,653)
0
98
33
65
0
65
0
65
0.01
0.01
0.01
0.01

978
1,398
1,457
286
0
4,119
2,007
(1,010)
0
997
319
678
0
678
0
678
0.06
0.06
0.06
0.06

$
$
$
$
$
$

$
$
$
$
$
$

Q2-023
7,741 $
1,691
1,595
1,676
885
0
5,847
1,894
516
0
2,410
771
1,639
0
1,639
0
1,639
0.15
0.15
0.15
0.15

$
$
$
$
$
$

Q3-023
7,245 $
1,567
1,474
1,449
343
0
4,833
2,412
728
0
3,140
1,005
2,135
0
2,135
0
2,135
0.20
0.19
0.20
0.19

$
$
$
$
$
$

Q4-023
7,253 $
1,463
1,832
1,670
329
0
5,294
1,959
(631)
0
1,328
425
903
0
903
0
903
0.08
0.08
0.08
0.08

$
$
$
$
$
$

Q1-033
7,746 $
1,344
1,707
1,415
252
0
4,718
3,028
19
0
3,047
1,006
2,041
0
2,041
0
2,041
0.19
0.19
0.19
0.19

$
$
$
$
$
$

Q2-033
8,541 $
2,137
1,515
2,159
497
0
6,308
2,233
363
0
2,596
731
1,865
0
1,865
0
1,865
0.17
0.17
0.17
0.17

$
$
$
$
$
$

Q3-033
7,835 $
1,274
1,692
1,700
425
0
5,091
2,744
453
0
3,197
1,055
2,142
0
2,142
0
2,142
0.20
0.20
0.20
0.20

$
$
$
$
$
$

Q4-033
8,065 $
1,304
1,681
2,288
1,252
0
6,525
1,540
674
0
2,214
731
1,483
0
1,483
0
1,483
0.14
0.14
0.14
0.14

$
$
$
$
$
$

Q1-043
8,215 $
1,480
1,611
1,505
471
0
5,067
3,148
753
0
3,901
1,287
2,614
0
2,614
0
2,614
0.24
0.24
0.24
0.24

$
$
$
$
$
$

Q2-043
10,153
2,344
2,971
2,467
896
0
8,678
1,475
837
0
2,312
763
1,549
0
1,549
0
1,549
0.14
0.14
0.14
0.14

$
$
$
$
$
$

Q3-043
9,175 $
1,411
1,538
1,928
3,020
0
7,897
1,278
1,001
0
2,279
964
1,315
0
1,315
0
1,315
0.12
0.12
0.12
0.12

$
$
$
$
$
$

Q4-043
9,292 $
1,481
1,659
2,409
610
0
6,159
3,133
571
0
3,704
1,014
2,690
0
2,690
0
2,690
0.25
0.25
0.25
0.25

$
$
$
$
$
$

Q1-053
9,189 $
1,405
1,530
1,664
1,096
0
5,695
3,494
279
0
3,773
1,245
2,528
0
2,528
0
2,528
0.23
0.23
0.23
0.23

$
$
$
$
$
$

Q2-053
10,818 $
1,875
1,421
2,122
651
0
6,069
4,749
420
0
5,169
1,706
3,463
0
3,463
0
3,463
0.32
0.32
0.32
0.32

$
$
$
$
$
$

Q3-053
9,620 $
1,363
1,482
2,070
1,376
0
6,291
3,329
496
0
3,825
1,262
2,563
0
2,563
0
2,563
0.24
0.23
0.24
0.23

$
$
$
$
$
$

Q4-053
10,161 $
1,388
1,664
2,707
1,413
0
7,172
2,989
872
0
3,861
161
3,700
0
3,700
0
3,700
0.34
0.34
0.34
0.34

$
$
$
$
$
$

Q1-063
9,741 $
1,253
1,515
1,945
982
0
5,695
4,046
506
0
4,552
1,411
3,141
0
3,141
0
3,141
0.29
0.29
0.29
0.29

$
$
$
$
$
$

Q2-063
11,837 $
2,239
1,591
2,689
661
0
7,180
4,657
480
0
5,137
1,484
3,653
0
3,653
0
3,653
0.35
0.34
0.35
0.34

$
$
$
$
$
$

Q3-063
10,900 $
2,028
1,617
2,362
1,005
0
7,012
3,888
427
0
4,315
1,338
2,977
0
2,977
0
2,977
0.29
0.29
0.29
0.29

$
$
$
$
$
$

Q4-063
11,804 $
2,130
1,861
2,822
1,110
0
7,923
3,881
377
0
4,258
1,430
2,828
0
2,828
0
2,828
0.28
0.28
0.28
0.28

$
$
$
$
$
$

Q1-072
10,811
1,696
1,786
2,234
664
0
6,380
4,431
610
0
5,041
1,563
3,478
0
3,478
0
3,478
0.35
0.35
0.35
0.35

$
$
$
$
$
$

Q2-072
12,542 $
3,620
1,637
3,038
814
0
9,109
3,433
372
0
3,805
1,179
2,626
0
2,626
0
2,626
0.27
0.26
0.27
0.26

$
$
$
$
$
$

Q3-072
14,398 $
2,140
1,750
2,914
983
0
7,787
6,611
360
0
6,971
2,045
4,926
0
4,926
0
4,926
0.51
0.50
0.51
0.50

$
$
$
$
$
$

Q4-072
13,371 $
3,237
1,948
3,355
868
0
9,408
3,963
321
0
4,284
1,249
3,035
0
3,035
0
3,035
0.32
0.31
0.32
0.31

$
$
$
$
$
$

Q1-082
13,762 $
2,675
1,837
2,683
718
0
7,913
5,849
367
0
6,216
1,927
4,289
0
4,289
0
4,289
0.46
0.45
0.46
0.45

$
$
$
$
$
$

Q2-082
16,367 $
3,543
1,885
3,420
1,066
0
9,914
6,453
367
0
6,820
2,113
4,707
0
4,707
0
4,707
0.50
0.50
0.50
0.50

$
$
$
$
$
$

Q3-082
14,454 $

Q4-082
15,837 $

2,514
2,035
3,274
2,341
0
10,164
4,290
520
0
4,810
422
4,388
0
4,388
0
4,388
0.47
0.47
0.47
0.47

2,866
2,407
3,883
1,002
0
10,158
5,679
289
0
5,968
1,671
4,297
0
4,297
0
4,297
0.46
0.46
0.46
0.46

$
$
$
$
$
$

$
$
$
$
$
$

Q1-09
15,061 $
2,848
2,283
3,044
887
0
9,062
5,999
(8)
0
5,991
1,618
4,373
0
4,373
0
4,373
0.48
0.48
0.48
0.48

$
$
$
$
$
$

Q2-09
16,629 $
3,907
2,290
3,662
831
0
10,690
5,939
(301)
0
5,638
1,464
4,174
0
4,174
0
4,174
0.47
0.47
0.47
0.47

$
$
$
$
$
$

Q3-09
13,648 $
2,814
2,212
2,981
1,203
0
9,210
4,438
(388)
0
4,050
1,073
2,977
0
2,977
0
2,977
0.33
0.33
0.33
0.33

$
$
$
$
$
$

Q4-09
13,099
2,586
2,225
3,192
1,109
0
9,112
3,987
155
0
4,142
1,097
3,045
0
3,045
0
3,045
0.34
0.34
0.34
0.34

$
$
$
$
$
$

Q1-10
12,920 $
2,842
2,065
2,790
741
0
8,438
4,482
283
0
4,765
1,191
3,574
0
3,574
0
3,574
0.40
0.40
0.40
0.40

$
$
$
$
$
$

Q2-10
19,022 $
3,628
2,079
3,619
1,183
0
10,509
8,513
370
0
8,883
2,221
6,662
0
6,662
0
6,662
0.75
0.74
0.75
0.74

$
$
$
$
$
$

Q3-10
14,503 $
2,755
2,220
3,203
1,152
0
9,330
5,173
168
0
5,341
1,335
4,006
0
4,006
0
4,006
0.46
0.45
0.46
0.45

$
$
$
$
$
$

Q4-10
16,039 $
3,170
2,350
3,602
987
0
10,109
5,930
94
0
6,024
1,506
4,518
0
4,518
0
4,518
0.52
0.51
0.52
0.51

$
$
$
$
$
$

Q1-11
16,195 $
3,139
2,196
2,806
938
0
9,079
7,116
114
0
7,230
1,820
5,410
0
5,410
0
5,410
0.63
0.62
0.63
0.62

$
$
$
$
$
$

Q2-11
19,953 $

Q3-11
16,428 $

Q4-11
17,367 $

Q1-12
17,372 $

Q2-12
20,885

4,833
2,185
3,825
945
0
11,788
8,165
332
0
8,497
1,863
6,634
0
6,634
0
6,634
0.78
0.77
0.78
0.77

3,897
2,269
3,393
1,160
0
10,719
5,709
316
0
6,025
793
5,232
0
5,232
0
5,232
0.62
0.61
0.62
0.61

3,708
2,393
3,916
1,179
0
11,196
6,171
148
0
6,319
445
5,874
0
5,874
0
5,874
0.70
0.69
0.70
0.69

3,777
2,329
2,900
1,163
0
10,169
7,203
103
0
7,306
1,568
5,738
0
5,738
0
5,738
0.68
0.68
0.68
0.68

5,638
2,371
3,762
1,120
0
12,891
7,994
245
0
8,239
1,615
6,624
0
6,624
0
6,624
0.79
0.78
0.79
0.78

$
$
$
$
$
$

$
$
$
$
$
$

$
$
$
$
$
$

$
$
$
$
$
$

Microsoft Corporation
Segment Revenue and Operating Income (Loss)
(In millions)

Revenue
Windows & Windows Live Division
Server and Tools
Online Services Division
Microsoft Business Division
Entertainment and Devices Division
Unallocated and other
Consolidated

Operating Income (Loss)

Windows & Windows Live Division
Server and Tools
Online Services Division
Microsoft Business Division
Entertainment and Devices Division
Corporate-level activity
Consolidated

Back to Main

Q1-11
4,787 $
3,861
547
5,202
1,795
3
16,195 $

Q2-11
5,056 $
4,288
713
6,110
3,698
88
19,953 $

Q3-11
4,447
4,007
667
5,329
1,935
43
16,428

Q1-11
3,288 $
1,537
(573)
3,483
384
(1,003)
7,116 $

Q2-11
3,214 $
1,711
(559)
4,087
666
(954)
8,165 $

Q3-11
2,788
1,349
(775)
3,308
213
(1,174)
5,709

Q4-11 Fiscal Year 2011

4,743 $
19,033
4,524
16,680
680
2,607
5,873
22,514
1,487
8,915
60
194
17,367 $
69,943

Q4-11 Fiscal Year 2011

2,904 $
12,194
1,684
6,281
(744)
(2,651)
3,755
14,633
24
1,287
(1,452)
(4,583)
6,171 $
27,161

Q1-12
4,868 $
4,250
641
5,607
1,961
45
17,372 $

Q2-12
4,736
4,772
784
6,279
4,237
77
20,885

Q3-12

Q4-12

Q1-12
3,251 $
1,597
(513)
3,687
349
(1,168)
7,203 $

Q2-12
2,850
1,996
(458)
4,152
528
(1,074)
7,994

Q3-12

Q4-12

Fiscal Year 2012

9,604
9,022
1,425
11,886
6,198
122
$
38,257
$

Fiscal Year 2012

6,101
3,593
(971)
7,839
877
(2,242)
$
15,197
$

Unearned Revenue by Business

Back to Main
Q1-061

Unearned Revenue ($ in millions)

Windows & Windows Live Division
Server and Tools
Microsoft Business Division
Other
Total
Unearned Revenue (in %)
Windows & Windows Live Division
Server and Tools
Microsoft Business Division
Other
Total

2,636
2,269
3,537
364
8,806

30%
26%
40%
4%
100%

Q2-061

2,661
2,298
3,527
352
8,838

30%
26%
40%
4%
100%

Q3-061

2,658
2,394
3,476
373
8,901

30%
27%
39%
4%
100%

Q4-061

2,851
2,910
4,783
358
10,902

26%
27%
44%
3%
100%

1 FY '06 amounts have been restated for FY '07 business segments.

2 FY '11 amounts have been recast for the FY '12 movement of Forefront Protection for Office from Server and Tools to the Microsoft Bus

Q1-07

2,804
2,648
4,301
344
10,097

Q2-07

28%
26%
43%
3%
100%

Tools to the Microsoft Business Division.

3,953
2,702
4,863
343
11,861

33%
23%
41%
3%
100%

Q3-07

2,684
2,825
4,341
433
10,283

26%
28%
42%
4%
100%

Q4-07

2,875
3,652
5,771
348
12,646

23%
29%
45%
3%
100%

Q1-08

2,673
3,449
5,080
370
11,572

23%
30%
44%
3%
100%

Q2-08

2,620
3,746
5,359
453
12,178

22%
31%
43%
4%
100%

Q3-08

2,524
3,890
5,253
472
12,139

21%
32%
43%
4%
100%

Q4-08

2,738
5,007
7,101
451
15,297

18%
33%
46%
3%
100%

Q1-09

2,402
4,424
6,204
447
13,477

18%
33%
46%
3%
100%

Q2-09

2,178
4,303
6,077
508
13,066

17%
33%
46%
4%
100%

Q3-09

2,015
4,104
5,593
600
12,312

16%
33%
46%
5%
100%

Q4-09

2,345
4,732
6,508
699
14,284

16%
33%
46%
5%
100%

Q1-10

3,638
4,424
5,920
786
14,768

25%
30%
40%
5%
100%

Q2-10

1,736
4,227
5,680
885
12,528

14%
34%
45%
7%
100%

Q3-10

1,498
4,242
5,657
863
12,260

12%
35%
46%
7%
100%

Q4-10

1,701
5,282
7,004
843
14,830

11%
36%
47%
6%
100%

Q1-112

1,570
4,812
6,748
789
13,919

11%
35%
48%
6%
100%

Q2-112

1,467
4,785
6,324
841
13,417

11%
36%
47%
6%
100%

Q3-112

1,370
4,706
6,013
930
13,019

11%
36%
46%
7%
100%

Q4-112

1,782
6,315
8,187
836
17,120

10%
37%
48%
5%
100%

Q1-12

1,628
5,720
7,428
882
15,658

10%
37%
47%
6%
100%

Q2-12

1,525
5,612
7,085
1,112
15,334

10%
37%
46%
7%
100%

Microsoft Corporation
Yearly Income Statements
(In millions, except earnings per share)
Revenue
Operating expenses:
Cost of revenue
Research and development 4
Sales and marketing
General and administrative 5
Other expenses
Total operating expenses
Operating income
Other income (expense)
Noncontinuing items
Income before income taxes
Provision for income taxes
Net income before accounting change
Cummulative effect of accounting change
Net Income
Preferred stock dividends
Net income available for common shareholders
Basic earnings per share before accounting change
Diluted earnings per share before accounting change
Basic earnings per share
Diluted earnings per share

Back to Main

FY921
2,777 $

FY931
3,786

$
$
$
$
$

581
352
758
90
11
1,792
985
56
0
1,041
333
708
0
708
0
708
0.08
0.08
0.08
0.08

785
470
1,086
119
7
2,467
1,319
82
0
1,401
448
953
0
953
0
953
0.11
0.10
0.11
0.10

$
$
$
$
$

1 Not restated for adoption of the current accounting guidance on stock-based compensation and no recast of gains (losses)
2 Recast of gains (losses) on foreign currency remeasurement
3 No recast of gains (losses) on foreign currency remeasurement
4 Includes expensed acquired in-process technology
5 Includes employee severance

FY941
4,714 $

FY951
6,075 $

FY961
9,050 $

$
$
$
$
$

1,077
610
1,135
166
16
3,004
1,710
102
(90)
1,722
576
1,146
0
1,146
0
1,146
0.13
0.12
0.13
0.12

1,346
860
1,564
267
16
4,053
2,022
191
(46)
2,167
714
1,453
0
1,453
0
1,453
0.16
0.14
0.16
0.14

2,145
1,326
2,185
316
19
5,991
3,059
320
0
3,379
1,184
2,195
0
2,195
0
2,195
0.23
0.21
0.23
0.21

$
$
$
$
$

$
$
$
$
$

$
$
$
$
$

FY971
11,936 $
2,170
1,863
2,411
362
259
7,065
4,871
443
0
5,314
1,860
3,454
0
3,454
(15)
3,439
0.36
0.33
0.36
0.33

nsation and no recast of gains (losses) on foreign currency remeasurement

$
$
$
$
$

FY981
15,262 $
2,460
2,897
2,887
433
0
8,677
6,585
532
0
7,117
2,627
4,490
0
4,490
(28)
4,462
0.46
0.42
0.46
0.42

$
$
$
$
$

FY991
19,747 $

FY001
22,956

2,814
2,970
3,238
715
0
9,737
10,010
1,881
0
11,891
4,106
7,785
0
7,785
(28)
7,757
0.77
0.71
0.77
0.71

3,002
3,772
4,126
1,050
0
11,950
11,006
3,269
0
14,275
4,854
9,421
0
9,421
(13)
9,408
0.91
0.85
0.91
0.85

$
$
$
$
$

FY011
25,296 $

FY023
28,365 $

FY033
32,187 $

FY042
36,835 $

FY052
39,788 $

FY062
44,282 $

FY072
51,122

$
$
$
$
$

3,455
4,379
4,885
857
0
13,576
11,720
(195)
0
11,525
3,804
7,721
(375)
7,346
0
7,346
0.72
0.69
0.69
0.66

5,699
6,299
6,252
1,843
0
20,093
8,272
(397)
0
7,875
2,520
5,355
0
5,355
0
5,355
0.50
0.48
0.50
0.48

6,059
6,595
7,562
2,426
0
22,642
9,545
1,509
0
11,054
3,523
7,531
0
7,531
0
7,531
0.70
0.69
0.70
0.69

6,596
7,735
8,121
5,275
0
27,727
9,108
3,088
0
12,196
4,028
8,168
0
8,168
0
8,168 $
0.76 $
0.75 $
0.76 $
0.75 $

6,031
6,097
8,548
4,536
0
25,212
14,576
2,052
0
16,628
4,374
12,254
0
12,254
0
12,254 $
1.13 $
1.12 $
1.13 $
1.12 $

7,650
6,584
9,910
3,758
0
27,902
16,380
1,882
0
18,262
5,663
12,599
0
12,599
0
12,599 $
1.21 $
1.20 $
1.21 $
1.20 $

10,693
7,121
11,541
3,329
0
32,684
18,438
1,663
0
20,101
6,036
14,065
0
14,065
0
14,065
1.44
1.42
1.44
1.42

$
$
$
$
$

$
$
$
$
$

$
$
$
$
$

FY082
60,420 $

FY09
58,437 $

FY10
62,484 $

FY11
69,943

$
$
$
$
$

11,598
8,164
13,260
5,127
0
38,149
22,271
1,543
0
23,814
6,133
17,681
0
17,681
0
17,681 $
1.90 $
1.87 $
1.90 $
1.87 $

12,155
9,010
12,879
4,030
0
38,074
20,363
(542)
0
19,821
5,252
14,569
0
14,569
0
14,569
1.63
1.62
1.63
1.62

12,395
8,714
13,214
4,063
0
38,386
24,098
915
0
25,013
6,253
18,760
0
18,760
0
18,760 $
2.13 $
2.10 $
2.13 $
2.10 $

15,577
9,043
13,940
4,222
0
42,782
27,161
910
0
28,071
4,921
23,150
0
23,150
0
23,150
2.73
2.69
2.73
2.69

$
$
$
$
$

FY12