Cash Flow Statement

The cash flow statement provides information about a company cash receipts and cash payments during an accounting period, showing how these cash flows link the ending cash balance to the beginning balance shown on the company balance sheet.

The cash flow statement consists of three parts: cash flows provided by (used in) operating activities, cash flows provided by (used in) investing activities, and cash flows provided by (used in) financing activities.

Microsoft Corp., consolidated cash flow statement

US$ in millions

12 months ended:	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020	Jun 30, 2019
Net income	88,136)	72,361)	72,738)	61,271)	44,281)	39,240)
Depreciation, amortization, and other	22,287)	13,861)	14,460)	11,686)	12,796)	11,682)
Stock-based compensation expense	10,734)	9,611)	7,502)	6,118)	5,289)	4,652)
Net recognized (gains) losses on investments and derivatives	305)	196)	(409)	(1,249)	(219)	(792)
Deferred income taxes	(4,738)	(6,059)	(5,702)	(150)	11)	(6,463)
Accounts receivable	(7,191)	(4,087)	(6,834)	(6,481)	(2,577)	(2,812)
Inventories	1,284)	1,242)	(1,123)	(737)	168)	597)
Other current assets	(1,648)	(1,991)	(709)	(932)	(2,330)	(1,718)
Other long-term assets	(6,817)	(2,833)	(2,805)	(3,459)	(1,037)	(1,834)
Accounts payable	3,545)	(2,721)	2,943)	2,798)	3,018)	232)
Unearned revenue	5,348)	5,535)	5,109)	4,633)	2,212)	4,462)
Income taxes	1,687)	(358)	696)	(2,309)	(3,631)	2,929)
Other current liabilities	4,867)	2,272)	2,344)	4,149)	1,346)	1,419)
Other long-term liabilities	749)	553)	825)	1,402)	1,348)	591)
Changes in operating assets and liabilities	1,824)	(2,388)	446)	(936)	(1,483)	3,866)
Adjustments to reconcile net income to net cash from operations	30,412)	15,221)	16,297)	15,469)	16,394)	12,945)
Net cash from operations	118,548)	87,582)	89,035)	76,740)	60,675)	52,185)
Proceeds from issuance (repayments) of debt, maturities of 90 days or less, net	5,250)	—)	—)	—)	—)	—)
Proceeds from issuance of debt	24,395)	—)	—)	—)	—)	—)
Cash premium on debt exchange	—)	—)	—)	(1,754)	(3,417)	—)
Repayments of debt	(29,070)	(2,750)	(9,023)	(3,750)	(5,518)	(4,000)
Common stock issued	2,002)	1,866)	1,841)	1,693)	1,343)	1,142)
Common stock repurchased	(17,254)	(22,245)	(32,696)	(27,385)	(22,968)	(19,543)
Common stock cash dividends paid	(21,771)	(19,800)	(18,135)	(16,521)	(15,137)	(13,811)
Other, net	(1,309)	(1,006)	(863)	(769)	(334)	(675)
Net cash used in financing	(37,757)	(43,935)	(58,876)	(48,486)	(46,031)	(36,887)
Additions to property and equipment	(44,477)	(28,107)	(23,886)	(20,622)	(15,441)	(13,925)
Acquisition of companies, net of cash acquired, and purchases of intangible and other assets	(69,132)	(1,670)	(22,038)	(8,909)	(2,521)	(2,388)
Purchases of investments	(17,732)	(37,651)	(26,456)	(62,924)	(77,190)	(57,697)
Maturities of investments	24,775)	33,510)	16,451)	51,792)	66,449)	20,043)
Sales of investments	10,894)	14,354)	28,443)	14,008)	17,721)	38,194)
Other, net	(1,298)	(3,116)	(2,825)	(922)	(1,241)	—)
Net cash used in investing	(96,970)	(22,680)	(30,311)	(27,577)	(12,223)	(15,773)
Effect of foreign exchange rates on cash and cash equivalents	(210)	(194)	(141)	(29)	(201)	(115)
Net change in cash and cash equivalents	(16,389)	20,773)	(293)	648)	2,220)	(590)
Cash and cash equivalents, beginning of period	34,704)	13,931)	14,224)	13,576)	11,356)	11,946)
Cash and cash equivalents, end of period	18,315)	34,704)	13,931)	14,224)	13,576)	11,356)

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).

Download chart

Cash flow statement item	Description	The company
Net cash from operations	Amount of cash inflow (outflow) from operating activities, excluding discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities.	Microsoft Corp. net cash from operations decreased from 2022 to 2023 but then increased from 2023 to 2024 exceeding 2022 level.
Net cash used in financing	Amount of cash inflow (outflow) of financing activities, excluding discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit.	Microsoft Corp. net cash used in financing increased from 2022 to 2023 and from 2023 to 2024.
Net cash used in investing	Amount of cash inflow (outflow) of investing activities, excluding discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets.	Microsoft Corp. net cash used in investing increased from 2022 to 2023 but then decreased significantly from 2023 to 2024.

Microsoft Corp. (NASDAQ:MSFT)

Cash Flow Statement