BALANCE SHEETS - USD ($) $ in Millions	Mar. 31, 2020	Jun. 30, 2019
Current assets:
Cash and cash equivalents	$ 11,710	$ 11,356
Short-term investments	125,916	122,463
Total cash, cash equivalents, and short-term investments	137,626	133,819
Accounts receivable, net of allowance for doubtful accounts of $446 and $411	22,699	29,524
Inventories	1,644	2,063
Other current assets	8,536	10,146
Total current assets	170,505	175,552
Property and equipment, net of accumulated depreciation of $41,512 and $35,330	41,221	36,477
Operating lease right-of-use assets	8,448	7,379
Equity investments	2,660	2,649
Goodwill	42,064	42,026
Intangible assets, net	6,855	7,750
Other long-term assets	13,696	14,723
Total assets	285,449	286,556
Current liabilities:
Accounts payable	9,246	9,382
Current portion of long-term debt	3,748	5,516
Accrued compensation	6,254	6,830
Short-term income taxes	3,296	5,665
Short-term unearned revenue	27,012	32,676
Other current liabilities	9,151	9,351
Total current liabilities	58,707	69,420
Long-term debt	62,862	66,662
Long-term income taxes	28,888	29,612
Long-term unearned revenue	3,385	4,530
Deferred income taxes	185	233
Operating lease liabilities	7,248	6,188
Other long-term liabilities	9,673	7,581
Total liabilities	170,948	184,226
Commitments and contingencies
Stockholders’ equity:
Common stock and paid-in capital – shares authorized 24,000; outstanding 7,590 and 7,643	79,813	78,520
Retained earnings	32,012	24,150
Accumulated other comprehensive income (loss)	2,676	(340)
Total stockholders’ equity	114,501	102,330
Total liabilities and stockholders’ equity	$ 285,449	$ 286,556