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STOCKHOLDERS' EQUITY STATEMENTS - USD ($)
$ in Millions
Total
Common stock and paid-in capital
Retained earnings
Accumulated other comprehensive income (loss)
Balance, beginning of period at Jun. 30, 2015   $ 68,465 $ 16,191 $ 2,522
Common stock issued   668    
Net income $ 20,539   20,539  
Other comprehensive loss (728)     (728)
Common stock cash dividends     (11,329)  
Common stock repurchased (14,800) (3,689) (12,283)  
Cumulative effect of accounting change     0 0
Stock-based compensation expense   2,668    
Other, net   66    
Balance, end of period at Jun. 30, 2016 83,090 68,178 13,118 1,794
Common stock issued   772    
Net income 25,489 [1],[2]   25,489  
Other comprehensive loss (1,167)     (1,167)
Common stock cash dividends     (12,040)  
Common stock repurchased (10,283) (2,987) (8,798)  
Cumulative effect of accounting change     0 0
Stock-based compensation expense   3,266    
Other, net   86    
Balance, end of period at Jun. 30, 2017 87,711 69,315 17,769 627
Common stock issued   1,002    
Net income 16,571 [3]   16,571  
Other comprehensive loss (2,856)     (2,856)
Common stock cash dividends     (12,917)  
Common stock repurchased (8,600) (3,033) (7,699)  
Cumulative effect of accounting change     (42) 42
Stock-based compensation expense   3,940    
Other, net   (1)    
Balance, end of period at Jun. 30, 2018 $ 82,718 $ 71,223 $ 13,682 $ (2,187)
[1] Includes $306 million of employee severance expenses primarily related to our sales and marketing restructuring plan, which decreased operating income, net income, and diluted EPS by $306 million, $243 million, and $0.04, respectively.
[2] On December 8, 2016, we acquired LinkedIn Corporation. LinkedIn has been included in our consolidated results of operations starting on the acquisition date.
[3] Reflects the net charge (benefit) related to the TCJA of $13.8 billion for the second quarter, $(104) million for the fourth quarter, and $13.7 billion for fiscal year 2018.