1. Operating assets

2. Operating Liabilities

3. Net Operating Assets (NOA)

BALANCE SHEETS - USD ($) $ in Millions	Jun. 30, 2020	Jun. 30, 2019
Current assets:
Cash and cash equivalents	$ 13,576	$ 11,356
Short-term investments	122,951	122,463
Total cash, cash equivalents, and short-term investments	136,527	133,819
Accounts receivable, net of allowance for doubtful accounts of $788 and $411	32,011	29,524
Inventories	1,895	2,063
Other current assets	11,482	10,146
Total current assets	181,915	175,552
Property and equipment, net of accumulated depreciation of $43,197 and $35,330	44,151	36,477
Operating lease right-of-use assets	8,753	7,379
Equity investments	2,965	2,649
Goodwill	43,351	42,026
Intangible assets, net	7,038	7,750
Other long-term assets	13,138	14,723
Total assets	301,311	286,556
Current liabilities:
Accounts payable	12,530	9,382
Current portion of long-term debt	3,749	5,516
Accrued compensation	7,874	6,830
Short-term income taxes	2,130	5,665
Short-term unearned revenue	36,000	32,676
Other current liabilities	10,027	9,351
Total current liabilities	72,310	69,420
Long-term debt	59,578	66,662
Long-term income taxes	29,432	29,612
Long-term unearned revenue	3,180	4,530
Deferred income taxes	204	233
Operating lease liabilities	7,671	6,188
Other long-term liabilities	10,632	7,581
Total liabilities	183,007	184,226
Commitments and contingencies
Stockholders equity:
Common stock and paid-in capital shares authorized 24,000; outstanding 7,571 and 7,643	80,552	78,520
Retained earnings	34,566	24,150
Accumulated other comprehensive income (loss)	3,186	(340)
Total stockholders equity	118,304	102,330
Total liabilities and stockholders' equity	$ 301,311	$ 286,556