← MICROSOFT CORP

Annual Trend FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Attributable to Parent $21.2b
$16.6b -21.85%
$39.2b +136.80%
$44.3b +12.85%
$61.3b +38.37%
$72.7b +18.72%
$72.4b -0.52%
$88.1b +21.80%
$101.8b +15.54%
$133.7b +31.34%
Amortization of Intangible Assets $1.7b $2.2b $1.9b $1.6b $1.6b $2.0b $2.5b $4.8b $6.0b $4.7b
Capitalized Computer Software, Amortization $55.0m $54.0m — — — — — — — —
Depreciation $6.1b $7.7b $9.7b $10.7b $9.3b $12.6b $11.0b $15.2b $22.0b $34.3b
Depreciation, amortization, and other $8.8b $10.3b $11.7b $12.8b $11.7b $14.5b $13.9b $22.3b $34.2b $38.5b
Deferred Income Tax Expense (Benefit) ($3.3b) ($5.1b) ($6.5b) $11.0m ($150.0m) ($5.7b) ($6.1b) ($4.7b) ($7.1b) $14.4b
Deferred income taxes ($3.3b) ($5.1b) ($6.5b) $11.0m ($150.0m) ($5.7b) ($6.1b) ($4.7b) ($7.1b) $14.2b
Share-based Payment Arrangement, Noncash Expense $3.3b $3.9b $4.7b $5.3b $6.1b $7.5b $9.6b $10.7b $12.0b $12.4b
Payment, Tax Withholding, Share-based Payment Arrangement — — $2.7b $3.3b $4.4b $4.7b $3.8b $5.3b $5.4b $5.6b
Share-based Payment Arrangement, Expense $3.3b $3.9b $4.7b $5.3b $6.1b $7.5b $9.6b $10.7b $12.0b $12.4b
Stock-based compensation expense $3.3b $3.9b $4.7b $5.3b $6.1b $7.5b $9.6b $10.7b $12.0b $12.4b
Goodwill, Impairment Loss — — — — — — — — $0 —
Operating Lease, Impairment Loss — — — $161.0m — — — — — —
Nonoperating Income (Expense) $823.0m $1.4b $729.0m $77.0m $1.2b $333.0m $788.0m ($1.6b) ($4.9b) $10.7b
Other Nonoperating Income (Expense) ($251.0m) ($59.0m) ($57.0m) ($40.0m) $98.0m ($32.0m) ($223.0m) ($1.3b) ($4.7b) $4.7b
Changes in operating assets and liabilities:
Increase (Decrease) in Accounts Receivable $925.0m $3.9b $2.8b $2.6b $6.5b $6.8b $4.1b $7.2b $10.6b $12.7b
Accounts receivable ($925.0m) ($3.9b) ($2.8b) ($2.6b) ($6.5b) ($6.8b) ($4.1b) ($7.2b) ($10.6b) ($12.7b)
Increase (Decrease) in Inventories ($50.0m) $465.0m ($597.0m) ($168.0m) $737.0m $1.1b ($1.2b) ($1.3b) ($309.0m) $461.0m
Inventories $50.0m ($465.0m) $597.0m $168.0m ($737.0m) ($1.1b) $1.2b $1.3b $309.0m ($461.0m)
Increase (Decrease) in Accounts Payable $81.0m $1.1b $232.0m $3.0b $2.8b $2.9b ($2.7b) $3.5b $569.0m $5.3b
Accounts payable $81.0m $1.1b $232.0m $3.0b $2.8b $2.9b ($2.7b) $3.5b $569.0m $5.3b
Purchases of property and equipment, accrued but unpaid $8.1b $11.6b $13.9b $15.4b $20.6b $23.9b $28.1b $44.5b $64.6b $115.9b
Unearned revenue $3.8b $5.9b $4.5b $2.2b $4.6b $5.1b $5.5b $5.3b $5.4b $9.4b
Other current assets $1.1b ($952.0m) ($1.7b) ($2.3b) ($932.0m) ($709.0m) ($2.0b) ($1.6b) ($3.0b) ($2.6b)
Other current liabilities $386.0m $798.0m $1.4b $1.3b $4.1b $2.3b $2.3b $4.9b $5.9b $6.8b
Acquisition of companies, net of cash acquired and divestitures, and purchases of intangible and other assets ($25.9b) ($888.0m) ($2.4b) ($2.5b) ($8.9b) ($22.0b) ($1.7b) ($69.1b) ($6.0b) ($1.7b)
Net Cash Provided by (Used in) Operating Activities $39.5b
$43.9b +11.08%
$52.2b +18.92%
$60.7b +16.27%
$76.7b +26.48%
$89.0b +16.02%
$87.6b -1.63%
$118.5b +35.36%
$136.2b +14.86%
$182.9b +34.35%
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $8.1b $11.6b $13.9b $15.4b $20.6b $23.9b $28.1b $44.5b $64.6b $115.9b
Cash, Cash Equivalents, and Short-term Investments $133.0b $133.8b $133.8b $136.5b $130.3b $104.8b $111.3b $75.5b $94.6b $76.8b
Gain (Loss) on Investments $2.6b $2.4b $648.0m $32.0m $1.2b $461.0m $260.0m ($118.0m) ($349.0m) $4.4b
Payments to Acquire Investments $176.9b $137.4b $57.7b $77.2b $62.9b $26.5b $37.7b $17.7b $29.8b $58.4b
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale $28.0b $26.4b $20.0b $66.4b $51.8b $16.5b $33.5b $24.8b $16.1b $34.6b
Net recognized losses (gains) on investments and derivatives ($2.1b) ($2.2b) ($792.0m) ($219.0m) ($1.2b) ($409.0m) $196.0m $305.0m $609.0m ($11.0b)
Purchases of investments ($176.9b) ($137.4b) ($57.7b) ($77.2b) ($62.9b) ($26.5b) ($37.7b) ($17.7b) ($29.8b) ($58.4b)
Maturities of investments $28.0b $26.4b $20.0b $66.4b $51.8b $16.5b $33.5b $24.8b $16.1b $34.6b
Sales of investments $136.3b $117.6b $38.2b $17.7b $14.0b $28.4b $14.4b $10.9b $9.3b $21.8b
Payments for (Proceeds from) Other Investing Activities — — — $1.2b $922.0m $2.8b $3.1b $1.3b ($2.3b) $19.9b
Net Cash Provided by (Used in) Investing Activities ($46.8b) ($6.1b) ($15.8b) ($12.2b) ($27.6b) ($30.3b) ($22.7b) ($97.0b) ($72.6b) ($139.5b)
Cash flows from financing activities:
Proceeds from issuance (repayments) of debt, maturities of 90 days or less, net ($5.0b) ($7.3b) $0 $0 — $0 $0 $5.2b ($5.7b) $0
Proceeds from issuance of debt $44.3b $7.2b $0 $0 — $0 $0 $24.4b $0 $0
Repayments of debt ($7.9b) ($10.1b) ($4.0b) ($5.5b) ($3.8b) ($9.0b) ($2.8b) ($29.1b) ($3.2b) ($3.0b)
Payments for Repurchase of Common Stock $11.8b $10.7b $19.5b $23.0b $27.4b $32.7b $22.2b $17.3b $18.4b $22.3b
Payments of Ordinary Dividends, Common Stock $11.8b $12.7b $13.8b $15.1b $16.5b $18.1b $19.8b $21.8b $24.1b $26.4b
Proceeds from Issuance of Common Stock $772.0m $1.0b $1.1b $1.3b $1.7b $1.8b $1.9b $2.0b $2.1b $2.0b
Common stock issued $772.0m $1.0b $1.1b $1.3b $1.7b $1.8b $1.9b $2.0b $2.1b $2.0b
Common stock repurchased ($11.8b) ($10.7b) ($19.5b) ($23.0b) ($27.4b) ($32.7b) ($22.2b) ($17.3b) ($18.4b) ($22.3b)
Common stock cash dividends paid ($11.8b) ($12.7b) ($13.8b) ($15.1b) ($16.5b) ($18.1b) ($19.8b) ($21.8b) ($24.1b) ($26.4b)
Proceeds from (Payments for) Other Financing Activities ($190.0m) ($971.0m) ($675.0m) ($334.0m) ($769.0m) ($863.0m) ($1.0b) ($1.3b) ($2.3b) ($2.8b)
Net Cash Provided by (Used in) Financing Activities $8.4b
($33.6b) -499.50%
($36.9b) -9.82%
($46.0b) -24.79%
($48.5b) -5.33%
($58.9b) -21.43%
($43.9b) +25.38%
($37.8b) +14.06%
($51.7b) -36.93%
($52.5b) -1.64%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect — — — $2.2b $648.0m ($293.0m) $20.8b ($16.4b) $11.9b ($9.3b)
Cash and cash equivalents, beginning of period $6.5b $7.7b $11.9b $13.6b $14.2b $13.9b $34.7b $18.3b $30.2b $20.9b
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — — $13.6b $14.2b $13.9b $34.7b $18.3b $30.2b $20.9b
Effect of foreign exchange rates on cash and cash equivalents $19.0m $50.0m ($115.0m) ($201.0m) ($29.0m) ($141.0m) ($194.0m) ($210.0m) $63.0m ($196.0m)
Additional Supplementary Disclosures
Additional Supplementary Disclosures
Additional Supplementary Disclosures
Supplemental disclosure of cash flow information:
Income Taxes Paid, Net $2.4b $5.5b $8.4b $12.5b $13.4b $16.0b $23.1b $23.4b $28.7b $21.2b
Noncash investing and financing activities:
Additional Financial Items
Equity Securities, FV-NI, Realized Gain (Loss) — — $276.0m $83.0m $123.0m $29.0m $75.0m $18.0m $83.0m $125.0m
Equity Securities, FV-NI, Unrealized Gain (Loss) — — $479.0m $69.0m $1.1b $509.0m $303.0m $146.0m $536.0m $4.4b
Foreign Currency Transaction Gain (Loss), before Tax ($164.0m) ($218.0m) ($82.0m) ($191.0m) $54.0m ($75.0m) $181.0m ($244.0m) $171.0m ($527.0m)
Gain (Loss) on Derivative Instruments, Net, Pretax ($510.0m) ($187.0m) $144.0m $187.0m $17.0m ($52.0m) ($456.0m) ($187.0m) ($260.0m) $1.9b
General and Administrative Expense $4.5b $4.8b $4.9b $5.1b $5.1b $5.9b $7.6b $7.6b $7.2b $8.0b
Goodwill $35.1b $35.7b $42.0b $43.4b $49.7b $67.5b $67.9b $119.2b $119.5b $119.7b
Income Tax Expense (Benefit) $1.9b $19.9b $4.4b $8.8b $9.8b $11.0b $16.9b $19.7b $21.8b $32.2b
Interest Expense Nonoperating — — — — — — — — $2.4b $3.1b
Operating Expenses — — — — — — — — $65.4b $70.2b
Other long-term assets ($539.0m) ($285.0m) ($1.8b) ($1.0b) ($3.5b) ($2.8b) ($2.8b) ($6.8b) ($3.0b) ($4.0b)
Income taxes $1.8b $18.2b $2.9b ($3.6b) ($2.3b) $696.0m ($358.0m) $1.7b ($38.0m) ($1.9b)
Other long-term liabilities $1.5b ($20.0m) $591.0m $1.3b $1.4b $825.0m $553.0m $749.0m ($975.0m) ($4.7b)
Other, net ($190.0m) ($971.0m) ($675.0m) ($1.2b) ($922.0m) ($2.8b) ($3.1b) ($1.3b) $2.3b ($19.9b)
Net change in cash and cash equivalents $1.2b $4.3b ($590.0m) $2.2b $648.0m ($293.0m) $20.8b ($16.4b) $11.9b ($9.3b)

Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.