BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2015	Jun. 30, 2015
Current assets:
Cash and cash equivalents	$ 7,185	$ 5,595
Short-term investments (including securities loaned of $360 and $75)	95,455	90,931
Total cash, cash equivalents, and short-term investments	102,640	96,526
Accounts receivable, net of allowance for doubtful accounts of $384 and $335	14,507	17,908
Inventories	2,702	2,902
Deferred income taxes	1,618	1,915
Other	6,345	5,461
Total current assets	127,812	124,712
Property and equipment, net of accumulated depreciation of $18,008 and $17,606	15,789	14,731
Equity and other investments	11,514	12,053
Goodwill	17,436	16,939
Intangible assets, net	4,619	4,835
Other long-term assets	2,928	2,953
Total assets	180,098	176,223
Current liabilities:
Accounts payable	6,936	6,591
Short-term debt	3,000	4,985
Current portion of long-term debt	750	2,499
Accrued compensation	3,649	5,096
Income taxes	493	606
Short-term unearned revenue	20,929	23,223
Securities lending payable	439	92
Other	6,447	6,766
Total current liabilities	42,643	49,858
Long-term debt	40,679	27,808
Long-term unearned revenue	4,102	2,095
Deferred income taxes	2,194	2,835
Other long-term liabilities	13,700	13,544
Total liabilities	$ 103,318	$ 96,140
Commitments and contingencies
Stockholders' equity:
Common stock and paid-in capital-shares authorized 24,000; outstanding 7,925 and 8,027	$ 68,279	$ 68,465
Retained earnings	6,728	9,096
Accumulated other comprehensive income	1,773	2,522
Total stockholders' equity	76,780	80,083
Total liabilities and stockholders' equity	$ 180,098	$ 176,223