Microsoft 8-K: Cloud, Activision, Debt, and Buybacks

TL;DR

MSFT 8-K drops: Cloud growth, Activision integration, debt issuance, and share buybacks detailed.

AI Summary

Microsoft Corp. filed an 8-K on December 3, 2024, reporting on various financial and business events. Key disclosures include information related to its Microsoft Cloud segment, the acquisition of Activision Blizzard Inc., and details on its long-term debt issuances and share repurchase programs. The filing also touches upon intangible assets like customer relationships and marketing-related assets.

Why It Matters

This filing provides a snapshot of Microsoft's ongoing financial activities, including significant acquisitions and capital allocation strategies, which are crucial for investors to understand the company's financial health and future direction.

Risk Assessment

Risk Level: low — This is a routine 8-K filing providing financial and business updates, not indicating any immediate or significant new risks.

Key Numbers

• 2024-12-03 — Filing Date (Date of the 8-K filing)
• 2023-10-13 — Activision Blizzard Acquisition Date (Date related to Activision Blizzard Inc. intangible assets)
• 2022-03-04 — Nuance Communications Acquisition Date (Date related to Nuance Communications Inc. intangible assets)

Key Players & Entities

• MICROSOFT CORP (company) — Filer
• Activision Blizzard Inc (company) — Acquired Entity
• Microsoft Cloud (company) — Business Segment
• Nuance Communications Inc (company) — Acquired Entity

FAQ

Key Financial Figures

• $0.00000625 — nge on which registered Common stock, $0.00000625 par value per share MSFT Nasdaq 3

Filing Documents

• msft-20241203.htm (8-K) — 282KB
• msft-ex23_1.htm (EX-23.1) — 4KB
• msft-ex99_1.htm (EX-99.1) — 5915KB
• 0000950170-24-132722.txt ( ) — 29977KB
• msft-20241203.xsd (EX-101.SCH) — 2038KB
• msft-20241203_htm.xml (XML) — 9481KB

01

Item 8.01. Other Events Microsoft Corporation (the "Company") is filing this Current Report on Form 8-K to recast certain previously reported amounts to conform with segment reporting changes made to align our segments with how we manage our business, with respect to the financial information contained in our Annual Report on Form 10-K for the year ended June 30, 2024 ("2024 Form 10-K"). In August 2024, we announced changes to the composition of our segments, most notably bringing the commercial components of Microsoft 365 together in the Productivity and Business Processes segment. Beginning in fiscal year 2025, the information that our chief operating decision maker is regularly provided and reviews for purposes of allocating resources and assessing performance reflects these segment changes. We provided a brief description of the segment changes in a Form 8-K filed on August 21, 2024. The rules of the Securities and Exchange Commission require that when a registrant prepares, on or after the date a registrant reports an accounting change such as the segment changes noted above, a new registration, proxy, or information statement (or amends a previously filed registration, proxy, or information statement) that includes or incorporates by reference financial statements, the registrant must recast the prior period financial statements included or incorporated by reference in the registration, proxy, or information statement to reflect these types of changes. Accordingly, the Company is filing this Form 8-K to recast our consolidated financial statements for each of the three years in the period ended June 30, 2024, to reflect the changes in segment reporting as described above. The updates do not represent a restatement of previously issued financial statements. The recast information of Items contained in the 2024 Form 10-K is presented in Exhibit 99.1 to this Form 8-K, which is incorporated herein by reference. The information included in this Form 8-K i

Financial Statements and Exhibits

Financial Statements and Exhibits (d) Exhibits: 23.1 Consent Of Independent Registered Public Accounting Firm 99.1 Updates, where applicable, to Part I, Item 1. Business, Part II, Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations, and Part II, Item 8. Financial Statements and Supplementary Data, from Microsoft's Annual Report on Form 10-K for the year ended June 30, 2024, as filed with the Securities and Exchange Commission on July 30, 2024 101.INS Inline XBRL Instance Document–the instance document does not appear in the Interactive Data File as its XBRL tags are embedded within the Inline XBRL document 101.SCH Inline XBRL Taxonomy Extension Schema with Embedded Linkbase Documents 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. MICROSOFT CORPORATION Date: December 3, 2024 /s/ A LICE L . J OLLA Alice L. Jolla Corporate Vice President and Chief Accounting Officer

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View this 8-K filing on SEC EDGAR