BALANCE SHEETS - USD ($) $ in Millions	Sep. 30, 2019	Jun. 30, 2019
Current assets:
Cash and cash equivalents	$ 13,117	$ 11,356
Short-term investments	123,519	122,463
Total cash, cash equivalents, and short-term investments	136,636	133,819
Accounts receivable, net of allowance for doubtful accounts of $303 and $411	19,087	29,524
Inventories	2,622	2,063
Other current assets	7,551	10,146
Total current assets	165,896	175,552
Property and equipment, net of accumulated depreciation of $36,971 and $35,330	38,409	36,477
Operating lease right-of-use assets	7,890	7,379
Equity investments	2,684	2,649
Goodwill	42,113	42,026
Intangible assets, net	7,508	7,750
Other long-term assets	14,455	14,723
Total assets	278,955	286,556
Current liabilities:
Accounts payable	8,574	9,382
Current portion of long-term debt	3,017	5,516
Accrued compensation	4,676	6,830
Short-term income taxes	3,440	5,665
Short-term unearned revenue	29,904	32,676
Other current liabilities	8,507	9,351
Total current liabilities	58,118	69,420
Long-term debt	66,478	66,662
Long-term income taxes	28,457	29,612
Long-term unearned revenue	4,122	4,530
Deferred income taxes	234	233
Operating lease liabilities	6,659	6,188
Other long-term liabilities	8,826	7,581
Total liabilities	172,894	184,226
Commitments and contingencies
Stockholders’ equity:
Common stock and paid-in capital – shares authorized 24,000; outstanding 7,634 and 7,643	78,882	78,520
Retained earnings	27,240	24,150
Accumulated other comprehensive loss	(61)	(340)
Total stockholders’ equity	106,061	102,330
Total liabilities and stockholders' equity	$ 278,955	$ 286,556