Adjustments to Current Assets
Adjustments to Total Assets
Adjustments to Current Liabilities
Adjustments to Total Liabilities
Adjustments to Stockholders’ Equity
Adjustments to Capitalization Table
Adjustments to Revenues
Adjustments to Reported Income

Microsoft Corp., adjusted current assets

US$ in millions

	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020	Jun 30, 2019
As Reported
Current assets	159,734)	184,257)	169,684)	184,406)	181,915)	175,552)
Adjustments
Add: Allowance for doubtful accounts	830)	650)	633)	751)	788)	411)
After Adjustment
Adjusted current assets	160,564)	184,907)	170,317)	185,157)	182,703)	175,963)

Based on: 10-K (reporting date: 2024-06-30), 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).

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Microsoft Corp., adjusted total assets

US$ in millions

	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020	Jun 30, 2019
As Reported
Total assets	512,163)	411,976)	364,840)	333,779)	301,311)	286,556)
Adjustments
Add: Operating lease right-of-use asset (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	—)	—)
Add: Allowance for doubtful accounts	830)	650)	633)	751)	788)	411)
Less: Long-term deferred income tax assets (included in Other long-term assets)²	22,270)	20,163)	13,515)	7,181)	6,405)	7,536)
After Adjustment
Adjusted total assets	490,723)	392,463)	351,958)	327,349)	295,694)	279,431)

Based on: 10-K (reporting date: 2024-06-30), 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).

¹ Operating lease right-of-use asset (before adoption of FASB Topic 842). See details »

² Long-term deferred income tax assets (included in Other long-term assets). See details »

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Microsoft Corp., adjusted current liabilities

US$ in millions

	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020	Jun 30, 2019
As Reported
Current liabilities	125,286)	104,149)	95,082)	88,657)	72,310)	69,420)
Adjustments
Less: Short-term unearned revenue	57,582)	50,901)	45,538)	41,525)	36,000)	32,676)
After Adjustment
Adjusted current liabilities	67,704)	53,248)	49,544)	47,132)	36,310)	36,744)

Based on: 10-K (reporting date: 2024-06-30), 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).

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Microsoft Corp., adjusted total liabilities

US$ in millions

	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020	Jun 30, 2019
As Reported
Total liabilities	243,686)	205,753)	198,298)	191,791)	183,007)	184,226)
Adjustments
Add: Operating lease liability (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	—)	—)
Less: Long-term deferred income tax liabilities²	2,618)	433)	230)	198)	204)	233)
Less: Unearned revenue	60,184)	53,813)	48,408)	44,141)	39,180)	37,206)
After Adjustment
Adjusted total liabilities	180,884)	151,507)	149,660)	147,452)	143,623)	146,787)

Based on: 10-K (reporting date: 2024-06-30), 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).

¹ Operating lease liability (before adoption of FASB Topic 842). See details »

² Long-term deferred income tax liabilities. See details »

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Microsoft Corp., adjusted stockholders’ equity

US$ in millions

	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020	Jun 30, 2019
As Reported
Stockholders’ equity	268,477)	206,223)	166,542)	141,988)	118,304)	102,330)
Adjustments
Less: Net deferred income tax assets (liabilities)¹	19,652)	19,730)	13,285)	6,983)	6,201)	7,303)
Add: Allowance for doubtful accounts	830)	650)	633)	751)	788)	411)
Add: Unearned revenue	60,184)	53,813)	48,408)	44,141)	39,180)	37,206)
After Adjustment
Adjusted stockholders’ equity	309,839)	240,956)	202,298)	179,897)	152,071)	132,644)

Based on: 10-K (reporting date: 2024-06-30), 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).

¹ Net deferred income tax assets (liabilities). See details »

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Microsoft Corp., adjusted capitalization table

US$ in millions

	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020	Jun 30, 2019
As Reported
Short-term debt	6,693)	—)	—)	—)	—)	—)
Current portion of long-term debt	2,249)	5,247)	2,749)	8,072)	3,749)	5,516)
Current finance lease liabilities	2,349)	1,197)	1,060)	791)	540)	317)
Long-term debt, excluding current portion	42,688)	41,990)	47,032)	50,074)	59,578)	66,662)
Long-term finance lease liabilities	24,796)	15,870)	13,842)	11,750)	8,956)	6,257)
Total reported debt	78,775)	64,304)	64,683)	70,687)	72,823)	78,752)
Stockholders’ equity	268,477)	206,223)	166,542)	141,988)	118,304)	102,330)
Total reported capital	347,252)	270,527)	231,225)	212,675)	191,127)	181,082)
Adjustments to Debt
Add: Operating lease liability (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	—)	—)
Add: Operating lease liabilities (included in Other current liabilities)²	3,580)	2,409)	2,228)	1,962)	1,616)	1,515)
Add: Long-term operating lease liabilities³	15,497)	12,728)	11,489)	9,629)	7,671)	6,188)
Adjusted total debt	97,852)	79,441)	78,400)	82,278)	82,110)	86,455)
Adjustments to Equity
Less: Net deferred income tax assets (liabilities)⁴	19,652)	19,730)	13,285)	6,983)	6,201)	7,303)
Add: Allowance for doubtful accounts	830)	650)	633)	751)	788)	411)
Add: Unearned revenue	60,184)	53,813)	48,408)	44,141)	39,180)	37,206)
Adjusted stockholders’ equity	309,839)	240,956)	202,298)	179,897)	152,071)	132,644)
After Adjustment
Adjusted total capital	407,691)	320,397)	280,698)	262,175)	234,181)	219,099)

Based on: 10-K (reporting date: 2024-06-30), 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).

¹ Operating lease liability (before adoption of FASB Topic 842). See details »

² Operating lease liabilities (included in Other current liabilities). See details »

³ Long-term operating lease liabilities. See details »

⁴ Net deferred income tax assets (liabilities). See details »

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Microsoft Corp., adjusted revenue

US$ in millions

12 months ended:	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020	Jun 30, 2019
As Reported
Revenue	245,122)	211,915)	198,270)	168,088)	143,015)	125,843)
Adjustment
Add: Increase (decrease) in unearned revenue	6,371)	5,405)	4,267)	4,961)	1,974)	4,486)
After Adjustment
Adjusted revenue	251,493)	217,320)	202,537)	173,049)	144,989)	130,329)

Based on: 10-K (reporting date: 2024-06-30), 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).

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Microsoft Corp., adjusted net income

US$ in millions

12 months ended:	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020	Jun 30, 2019
As Reported
Net income	88,136)	72,361)	72,738)	61,271)	44,281)	39,240)
Adjustments
Add: Deferred income tax expense (benefit)¹	(4,738)	(6,059)	(5,702)	(150)	11)	(6,463)
Add: Increase (decrease) in allowance for doubtful accounts	180)	17)	(118)	(37)	377)	34)
Add: Increase (decrease) in unearned revenue	6,371)	5,405)	4,267)	4,961)	1,974)	4,486)
Add: Other comprehensive income (loss), net of tax	753)	(1,665)	(6,500)	(1,374)	3,523)	1,914)
After Adjustment
Adjusted net income	90,702)	70,059)	64,685)	64,671)	50,166)	39,211)

Based on: 10-K (reporting date: 2024-06-30), 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).

¹ Deferred income tax expense (benefit). See details »

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Microsoft Corp. (NASDAQ:MSFT)

Adjustments to Financial Statements

Adjustments to Current Assets

Adjustments to Total Assets

Adjustments to Current Liabilities

Adjustments to Total Liabilities

Adjustments to Stockholders’ Equity

Adjustments to Capitalization Table

Adjustments to Revenues

Adjustments to Reported Income