Balance Sheet: Liabilities and Stockholders’ Equity

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

Microsoft Corp., consolidated balance sheet: liabilities and stockholders’ equity

US$ in millions

	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020	Jun 30, 2019
Accounts payable	21,996)	18,095)	19,000)	15,163)	12,530)	9,382)
Short-term debt	6,693)	—)	—)	—)	—)	—)
Current portion of long-term debt	2,249)	5,247)	2,749)	8,072)	3,749)	5,516)
Accrued compensation	12,564)	11,009)	10,661)	10,057)	7,874)	6,830)
Short-term income taxes	5,017)	4,152)	4,067)	2,174)	2,130)	5,665)
Short-term unearned revenue	57,582)	50,901)	45,538)	41,525)	36,000)	32,676)
Current finance lease liabilities	2,349)	1,197)	1,060)	791)	540)	317)
Other current liabilities	16,836)	13,548)	12,007)	10,875)	9,487)	9,034)
Current liabilities	125,286)	104,149)	95,082)	88,657)	72,310)	69,420)
Long-term debt, excluding current portion	42,688)	41,990)	47,032)	50,074)	59,578)	66,662)
Long-term income taxes	27,931)	25,560)	26,069)	27,190)	29,432)	29,612)
Long-term unearned revenue	2,602)	2,912)	2,870)	2,616)	3,180)	4,530)
Deferred income taxes	2,618)	433)	230)	198)	204)	233)
Long-term operating lease liabilities	15,497)	12,728)	11,489)	9,629)	7,671)	6,188)
Long-term finance lease liabilities	24,796)	15,870)	13,842)	11,750)	8,956)	6,257)
Other long-term liabilities	2,268)	2,111)	1,684)	1,677)	1,676)	1,324)
Long-term liabilities	118,400)	101,604)	103,216)	103,134)	110,697)	114,806)
Total liabilities	243,686)	205,753)	198,298)	191,791)	183,007)	184,226)
Common stock and paid-in capital	100,923)	93,718)	86,939)	83,111)	80,552)	78,520)
Retained earnings	173,144)	118,848)	84,281)	57,055)	34,566)	24,150)
Accumulated other comprehensive income (loss)	(5,590)	(6,343)	(4,678)	1,822)	3,186)	(340)
Stockholders’ equity	268,477)	206,223)	166,542)	141,988)	118,304)	102,330)
Total liabilities and stockholders’ equity	512,163)	411,976)	364,840)	333,779)	301,311)	286,556)

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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Balance sheet item	Description	The company
Current liabilities	Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer.	Microsoft Corp. current liabilities increased from 2022 to 2023 and from 2023 to 2024.
Long-term liabilities	Amount of obligation due after one year or beyond the normal operating cycle, if longer.	Microsoft Corp. long-term liabilities decreased from 2022 to 2023 but then increased from 2023 to 2024 exceeding 2022 level.
Total liabilities	Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future.	Microsoft Corp. total liabilities increased from 2022 to 2023 and from 2023 to 2024.
Stockholders’ equity	Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity.	Microsoft Corp. stockholders’ equity increased from 2022 to 2023 and from 2023 to 2024.

Microsoft Corp. (NASDAQ:MSFT)

Balance Sheet: Liabilities and Stockholders’ Equity