Microsoft Files 2024 10-K, Details Debt and Buybacks
Ticker: MSFT · Form: 10-K · Filed: 2024-07-30T00:00:00.000Z
Sentiment: neutral
Topics: 10-K, debt, share-repurchase
Related Tickers: MSFT
TL;DR
MSFT 2024 10-K out. Debt up, buybacks continue. All good.
AI Summary
Microsoft Corporation filed its 10-K for the fiscal year ending June 30, 2024, reporting on its financial performance and business operations. The filing details its significant assets, liabilities, and equity, including long-term debt issuances in fiscal years 2023 and 2024. The company also highlighted its share repurchase programs, including those initiated in 2019, 2021, and 2024.
Why It Matters
This filing provides investors with a comprehensive overview of Microsoft's financial health and strategic capital allocation, including its debt management and commitment to returning value to shareholders through share repurchases.
Risk Assessment
Risk Level: low — The filing is a standard annual report and does not indicate any immediate or unusual risks.
Key Numbers
- 06-30 FY — Fiscal Year End (Reporting period for the 10-K)
Key Players & Entities
- MICROSOFT CORP (company) — Filer
- 0000789019 (company) — Central Index Key
- 20240630 (date) — Fiscal Year End
- 2023-06-30 (date) — Long-term debt issuance
- 2024-06-30 (date) — Long-term debt issuance
- 2021-07-01 (date) — Share repurchase program start
FAQ
What was the total value of Microsoft's long-term debt issuances in fiscal years 2023 and 2024?
The filing indicates issuances of long-term debt in fiscal years ending 2023 and 2024, but does not specify the total dollar amounts in this excerpt.
When did Microsoft's share repurchase programs begin?
The filing mentions share repurchase programs initiated in 2019, 2021, and 2024.
What is Microsoft's primary industry classification?
Microsoft's Standard Industrial Classification is SERVICES-PREPACKAGED SOFTWARE [7372].
What is Microsoft's state of incorporation?
Microsoft is incorporated in Washington (WA).
What is the filing date of this 10-K report?
This 10-K report was filed on 20240730.
From the Filing
0000950170-24-087843.txt : 20240730 0000950170-24-087843.hdr.sgml : 20240730 20240730160622 ACCESSION NUMBER: 0000950170-24-087843 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 143 CONFORMED PERIOD OF REPORT: 20240630 FILED AS OF DATE: 20240730 DATE AS OF CHANGE: 20240730 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MICROSOFT CORP CENTRAL INDEX KEY: 0000789019 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] ORGANIZATION NAME: 06 Technology IRS NUMBER: 911144442 STATE OF INCORPORATION: WA FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-37845 FILM NUMBER: 241157360 BUSINESS ADDRESS: STREET 1: ONE MICROSOFT WAY CITY: REDMOND STATE: WA ZIP: 98052-6399 BUSINESS PHONE: 425-882-8080 MAIL ADDRESS: STREET 1: ONE MICROSOFT WAY CITY: REDMOND STATE: WA ZIP: 98052-6399 10-K 1 msft-20240630.htm 10-K 10-K --06-30 FY 0000789019 false P2Y P5Y P3Y P1Y http://fasb.org/us-gaap/2023#DerivativeAssets http://fasb.org/us-gaap/2023#DerivativeAssets http://fasb.org/us-gaap/2023#DerivativeLiabilities http://fasb.org/us-gaap/2023#DerivativeLiabilities http://fasb.org/us-gaap/2023#OtherAssetsCurrent http://fasb.org/us-gaap/2023#OtherAssetsCurrent http://fasb.org/us-gaap/2023#OtherAssetsCurrent http://fasb.org/us-gaap/2023#OtherAssetsCurrent http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent false false 0000789019 msft:ShareRepurchaseProgramTwentyNineteenAndTwentyTwentyOneMember 2021-07-01 2022-06-30 0000789019 msft:IssuanceOfLongTermDebtTwoMember 2023-06-30 0000789019 msft:IssuanceOfLongTermDebtThreeMember 2024-06-30 0000789019 msft:IssuanceOfLongTermDebtNineMember srt:MinimumMember 2024-06-30 0000789019 msft:ShareRepurchaseProgramTwentyTwentyOneMember 2023-07-01 2023-09-30 0000789019 us-gaap:CashMember 2023-06-30 0000789019 us-gaap:NonoperatingIncomeExpenseMember us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember 2021-07-01 2022-06-30 0000789019 msft:AccumulatedTranslationAdjustmentAndOtherMember 2021-06-30 0000789019 msft:RegionalOperatingCentersMember 2023-07-01 2024-06-30 0000789019 msft:InflectionAiIncMember msft:ReprogrammedInterchangeLLCMember srt:MaximumMember 2024-06-30 0000789019 us-gaap:NonoperatingIncomeExpenseMember us-gaap:ForeignExchangeContractMember us-gaap:FairValueHedgingMember 2021-07-01 2022-06-30 0000789019 us-gaap:OtherContractMember us-gaap:NondesignatedMember 2024-06-30 0000789019 msft:ServerProductsAndCloudServicesMember 2022-07-01 2023-06-30 0000789019 msft:IssuanceOfLongTermDebtEightMember 2024-06-30 0000789019 msft:IntelligentCloudMember 2022-07-01 2023-06-30 0000789019 msft:ActivisionBlizzardIncMember us-gaap:TechnologyBasedIntangibleAssetsMember 2023-10-13 0000789019 msft:ActivisionBlizzardIncMember 2022-07-01 2023-06-30 0000789019 msft:ShareRepurchaseProgramTwentyNineteenMember 2019-09-18 0000789019 msft:ActivisionBlizzardIncMember us-gaap:MarketingRelatedIntangibleAssetsMember 2023-10-13 2023-10-13 0000789019 msft:IssuanceOfLongTermDebtFiveMember 2023-06-30 0000789019 us-gaap:SoftwareAndSoftwareDevelopmentCostsMember 2024-06-30 0000789019 us-gaap:ProductMember 2023-07-01 2024-06-30 0000789019 msft:SearchAndNewsAdvertisingMember 2023-07-01 2024-06-30 0000789019 msft:IssuanceOfLongTermDebtElevenMember srt:MaximumMember 2024-06-30 0000789019 us-gaap:PerformanceSharesMember 2023-07-01 2024-06-30 0000789019 msft:IssuanceOfLongTermDebtNineMember 2023-07-01 2024-06-30 0000789019 us-gaap:PerformanceSharesMember 2021-07-01 2022-06-30 0000789019 msft:AccumulatedTranslationAdjustmentAndOtherMember 2022-07-01 2023-06-30 0000789019 msft:DevicesMember 2022-07-01 2023-06-30 0000789019 msft:ProductivityAndBusinessProcessesMember 2022-07-01 2023-06-30 0000789019 msft:MicrosoftCloudMember 2023-0