See accompanying notes.
BALANCE SHEETS
(In millions)
|
|
|
|
|
|
|
June 30,
|
|
2009
|
|
|
2008
|
| |
Assets
|
|
|
|
|
|
|
|
|
Current assets:
|
|
|
|
|
|
|
|
|
Cash and cash equivalents
|
|
$
|
6,076
|
|
|
$
|
10,339
|
|
Short-term investments (including securities pledged as collateral of $1,540 and $2,491)
|
|
|
25,371
|
|
|
|
13,323
|
|
|
|
|
|
|
|
Total cash, cash equivalents, and short-term investments
|
|
|
31,447
|
|
|
|
23,662
|
|
Accounts receivable, net of allowance for doubtful accounts of $451 and $153
|
|
|
11,192
|
|
|
|
13,589
|
|
Inventories
|
|
|
717
|
|
|
|
985
|
|
Deferred income taxes
|
|
|
2,213
|
|
|
|
2,017
|
|
Other
|
|
|
3,711
|
|
|
|
2,989
|
|
|
|
|
|
|
|
Total current assets
|
|
|
49,280
|
|
|
|
43,242
|
|
Property and equipment, net of accumulated depreciation of $7,547 and $6,302
|
|
|
7,535
|
|
|
|
6,242
|
|
Equity and other investments
|
|
|
4,933
|
|
|
|
6,588
|
|
Goodwill
|
|
|
12,503
|
|
|
|
12,108
|
|
Intangible assets, net
|
|
|
1,759
|
|
|
|
1,973
|
|
Deferred income taxes
|
|
|
279
|
|
|
|
949
|
|
Other long-term assets
|
|
|
1,599
|
|
|
|
1,691
|
|
|
|
|
|
|
|
Total assets
|
|
$
|
77,888
|
|
|
$
|
72,793
|
|
|
|
|
|
|
|
|
|
|
Liabilities and stockholders’ equity
|
|
|
|
|
|
|
|
|
Current liabilities:
|
|
|
|
|
|
|
|
|
Accounts payable
|
|
$
|
3,324
|
|
|
$
|
4,034
|
|
Short-term debt
|
|
|
2,000
|
|
|
|
–
|
|
Accrued compensation
|
|
|
3,156
|
|
|
|
2,934
|
|
Income taxes
|
|
|
725
|
|
|
|
3,248
|
|
Short-term unearned revenue
|
|
|
13,003
|
|
|
|
13,397
|
|
Securities lending payable
|
|
|
1,684
|
|
|
|
2,614
|
|
Other
|
|
|
3,142
|
|
|
|
3,659
|
|
|
|
|
|
|
|
Total current liabilities
|
|
|
27,034
|
|
|
|
29,886
|
|
Long-term debt
|
|
|
3,746
|
|
|
|
–
|
|
Long-term unearned revenue
|
|
|
1,281
|
|
|
|
1,900
|
|
Other long-term liabilities
|
|
|
6,269
|
|
|
|
4,721
|
|
Commitments and contingencies
|
|
|
|
|
|
|
|
|
Stockholders’ equity:
|
|
|
|
|
|
|
|
|
Common stock and paid-in capital – shares authorized 24,000; outstanding 8,908 and 9,151
|
|
|
62,382
|
|
|
|
62,849
|
|
Retained deficit, including accumulated other comprehensive income of $969 and $1,140
|
|
|
(22,824
|
)
|
|
|
(26,563
|
)
|
|
|
|
|
|
|
Total stockholders’ equity
|
|
|
39,558
|
|
|
|
36,286
|
|
|
|
|
|
|
|
Total liabilities and stockholders’ equity
|
|
$
|
77,888
|
|
|
$
|
72,793
|
|
|
|
|
|
|
|
|
|
|
Share with your friends: |
