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BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2016
Jun. 30, 2015
Current assets:    
Cash and cash equivalents $ 6,510 $ 5,595
Short-term investments (including securities loaned of $204 and $75) 106,730 90,931
Total cash, cash equivalents, and short-term investments 113,240 96,526
Accounts receivable, net of allowance for doubtful accounts of $426 and $335 18,277 17,908
Inventories 2,251 2,902
Other 5,892 5,461
Total current assets 139,660 122,797
Property and equipment, net of accumulated depreciation of $19,800 and $17,606 18,356 14,731
Equity and other investments 10,431 12,053
Goodwill 17,872 16,939
Intangible assets, net 3,733 4,835
Other long-term assets 3,642 3,117
Total assets 193,694 174,472
Current liabilities:    
Accounts payable 6,898 6,591
Short-term debt 12,904 4,985
Current portion of long-term debt 0 2,499
Accrued compensation 5,264 5,096
Income taxes 580 606
Short-term unearned revenue 27,468 23,223
Securities lending payable 294 92
Other 5,949 6,555
Total current liabilities 59,357 49,647
Long-term debt 40,783 27,808
Long-term unearned revenue 6,441 2,095
Deferred income taxes [1] 1,476 1,295
Other long-term liabilities 13,640 13,544
Total liabilities 121,697 94,389
Commitments and contingencies
Stockholders' equity:    
Common stock and paid-in capital - shares authorized 24,000; outstanding 7,808 and 8,027 68,178 68,465
Retained earnings 2,282 9,096
Accumulated other comprehensive income 1,537 2,522
Total stockholders' equity 71,997 80,083
Total liabilities and stockholders' equity $ 193,694 $ 174,472
[1] Balances as of June 30, 2015 reflect the impact of the adoption of the new accounting standard in fiscal year 2016 related to balance sheet classification of deferred taxes. See Note 1 - Accounting Policies for additional details.