Microsoft (MSFT) 10-Q30 Oct 242025 Q1 Quarterly reportFinancial data

Company Profile

Document and Entity Information

Document and Entity Information - $ / shares	3 Months Ended
Document and Entity Information - $ / shares	Sep. 30, 2024	Oct. 24, 2024
Entity Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2024
Document Fiscal Year Focus	2025
Document Fiscal Period Focus	Q1
Entity Registrant Name	MICROSOFT CORPORATION
Entity Central Index Key	0000789019
Current Fiscal Year End Date	--06-30
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity File Number	001-37845
Entity Incorporation, State or Country Code	WA
Entity Tax Identification Number	91-1144442
Entity Address, Address Line One	ONE MICROSOFT WAY
Entity Address, City or Town	REDMOND
Entity Address, State or Province	WA
Entity Address, Postal Zip Code	98052-6399
City Area Code	425
Local Phone Number	882-8080
Document Quarterly Report	true
Document Transition Report	false
Entity Common Stock, Shares Outstanding		7,434,880,776
Entity Common Stock, Par Value Per Share	$ 0.00000625
Common Stock
Entity Information [Line Items]
Trading Symbol	MSFT
Title of 12(b) Security	Common stock, $0.00000625 par value per share
Security Exchange Name	NASDAQ
3.125% Notes Due 2028
Entity Information [Line Items]
Trading Symbol	MSFT
Title of 12(b) Security	3.125% Notes due 2028
Security Exchange Name	NASDAQ
2.625% Notes Due 2033
Entity Information [Line Items]
Trading Symbol	MSFT
Title of 12(b) Security	2.625% Notes due 2033
Security Exchange Name	NASDAQ

INCOME STATEMENTS

INCOME STATEMENTS - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Revenue	$ 65,585	$ 56,517
Cost of revenue	20,099	16,302
Gross margin	45,486	40,215
Research and development	7,544	6,659
Sales and marketing	5,717	5,187
General and administrative	1,673	1,474
Operating income	30,552	26,895
Other income (expense), net	(283)	389
Income before income taxes	30,269	27,284
Provision for income taxes	5,602	4,993
Net income	$ 24,667	$ 22,291
Earnings per share:
Basic	$ 3.32	$ 3
Diluted	$ 3.3	$ 2.99
Weighted average shares outstanding:
Basic	7,433	7,429
Diluted	7,470	7,462
Product
Revenue	$ 15,272	$ 15,535
Cost of revenue	3,294	3,531
Service and Other
Revenue	50,313	40,982
Cost of revenue	$ 16,805	$ 12,771

COMPREHENSIVE INCOME STATEMENTS

COMPREHENSIVE INCOME STATEMENTS - USD ($) $ in Millions	3 Months Ended
COMPREHENSIVE INCOME STATEMENTS - USD ($) $ in Millions	Sep. 30, 2024	Sep. 30, 2023
Statement of Comprehensive Income [Abstract]
Net income	$ 24,667	$ 22,291
Other comprehensive income (loss), net of tax:
Net change related to derivatives	(10)	21
Net change related to investments	1,114	(260)
Translation adjustments and other	304	(355)
Other comprehensive income (loss)	1,408	(594)
Comprehensive income	$ 26,075	$ 21,697

BALANCE SHEETS

BALANCE SHEETS - USD ($) $ in Millions	Sep. 30, 2024	Jun. 30, 2024
Current assets:
Cash and cash equivalents	$ 20,840	$ 18,315
Short-term investments	57,588	57,228
Total cash, cash equivalents, and short-term investments	78,428	75,543
Accounts receivable, net of allowance for doubtful accounts of $647 and $830	44,148	56,924
Inventories	1,626	1,246
Other current assets	25,724	26,021
Total current assets	149,926	159,734
Property and equipment, net of accumulated depreciation of $80,517 and $76,421	152,863	135,591
Operating lease right-of-use assets	20,528	18,961
Equity and other investments	15,778	14,600
Goodwill	119,374	119,220
Intangible assets, net	26,751	27,597
Other long-term assets	37,793	36,460
Total assets	523,013	512,163
Current liabilities:
Accounts payable	22,768	21,996
Short-term debt	0	6,693
Current portion of long-term debt	2,249	2,249
Accrued compensation	8,326	12,564
Short-term income taxes	9,717	5,017
Short-term unearned revenue	53,026	57,582
Other current liabilities	19,114	19,185
Total current liabilities	115,200	125,286
Long-term debt	42,868	42,688
Long-term income taxes	24,452	27,931
Long-term unearned revenue	2,663	2,602
Deferred income taxes	2,581	2,618
Operating lease liabilities	16,361	15,497
Other long-term liabilities	31,165	27,064
Total liabilities	235,290	243,686
Commitments and contingencies
Stockholders’ equity:
Common stock and paid-in capital - shares authorized 24,000; outstanding 7,436 and 7,434	102,976	100,923
Retained earnings	188,929	173,144
Accumulated other comprehensive loss	(4,182)	(5,590)
Total stockholders’ equity	287,723	268,477
Total liabilities and stockholders’ equity	$ 523,013	$ 512,163

BALANCE SHEETS (Parenthetical)

BALANCE SHEETS (Parenthetical) - USD ($) $ in Millions	Sep. 30, 2024	Jun. 30, 2024
Statement of Financial Position [Abstract]
Accounts receivable, allowance for doubtful accounts	$ 647	$ 830
Property and equipment, accumulated depreciation	$ 80,517	$ 76,421
Common stock, shares authorized	24,000,000,000	24,000,000,000
Common stock, outstanding	7,436,000,000	7,434,000,000

CASH FLOWS STATEMENTS

CASH FLOWS STATEMENTS - USD ($) $ in Millions	3 Months Ended
CASH FLOWS STATEMENTS - USD ($) $ in Millions	Sep. 30, 2024	Sep. 30, 2023
Operations
Net income	$ 24,667	$ 22,291
Adjustments to reconcile net income to net cash from operations:
Depreciation, amortization, and other	7,383	3,921
Stock-based compensation expense	2,832	2,507
Net recognized losses (gains) on investments and derivatives	(125)	14
Deferred income taxes	(1,433)	(568)
Changes in operating assets and liabilities:
Accounts receivable	14,037	11,034
Inventories	(373)	(505)
Other current assets	(82)	(796)
Other long-term assets	(1,761)	(2,013)
Accounts payable	(916)	1,214
Unearned revenue	(5,553)	(4,126)
Income taxes	1,016	1,425
Other current liabilities	(5,479)	(4,106)
Other long-term liabilities	(33)	291
Net cash from operations	34,180	30,583
Financing
Proceeds from issuance (repayments) of debt, maturities of 90 days or less, net	(5,746)	18,692
Proceeds from issuance of debt	0	7,073
Repayments of debt	(966)	(1,500)
Common stock issued	706	685
Common stock repurchased	(4,107)	(4,831)
Common stock cash dividends paid	(5,574)	(5,051)
Other, net	(889)	(307)
Net cash from (used in) financing	(16,576)	14,761
Investing
Additions to property and equipment	(14,923)	(9,917)
Acquisition of companies, net of cash acquired, and purchases of intangible and other assets	(1,849)	(1,186)
Purchases of investments	(1,620)	(8,460)
Maturities of investments	2,136	15,718
Sales of investments	1,968	5,330
Other, net	(913)	(982)
Net cash from (used in) investing	(15,201)	503
Effect of foreign exchange rates on cash and cash equivalents	122	(99)
Net change in cash and cash equivalents	2,525	45,748
Cash and cash equivalents, beginning of period	18,315	34,704
Cash and cash equivalents, end of period	$ 20,840	$ 80,452

STOCKHOLDERS' EQUITY STATEMENTS

STOCKHOLDERS' EQUITY STATEMENTS - USD ($) $ in Millions	Total	Common stock and paid-in capital	Retained earnings	Accumulated other comprehensive loss
Balance, beginning of period at Jun. 30, 2023		$ 93,718	$ 118,848	$ (6,343)
Common stock issued		685
Net income	$ 22,291		22,291
Other comprehensive income (loss)	(594)			(594)
Common stock cash dividends	(5,574)		(5,571)
Common stock repurchased		(1,401)	(3,425)
Stock-based compensation expense		2,507
Other, net		(1)
Balance, end of period at Sep. 30, 2023	$ 220,714	95,508	132,143	(6,937)
Cash dividends declared per common share	$ 0.75
Balance, beginning of period at Jun. 30, 2024	$ 268,477	100,923	173,144	(5,590)
Common stock issued		706
Net income	24,667		24,667
Other comprehensive income (loss)	1,408			1,408
Common stock cash dividends	(6,172)		(6,171)
Common stock repurchased		(1,485)	(2,711)
Stock-based compensation expense		2,832
Other, net		0
Balance, end of period at Sep. 30, 2024	$ 287,723	$ 102,976	$ 188,929	$ (4,182)
Cash dividends declared per common share	$ 0.83

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Millions	3 Months Ended
Pay vs Performance Disclosure - USD ($) $ in Millions	Sep. 30, 2024	Sep. 30, 2023
Pay vs Performance Disclosure
Net Income (Loss)	$ 24,667	$ 22,291

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
Insider Trading Arrangements	Sep. 30, 2024
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false
Rule 10b5-1 Arrangement Modified	false
Non-Rule 10b5-1 Arrangement Modified	false

ACCOUNTING POLICIES

ACCOUNTING POLICIES	3 Months Ended
ACCOUNTING POLICIES	Sep. 30, 2024
Accounting Policies [Abstract]
ACCOUNTING POLICIES	NOTE 1 — ACCOUNTING POLICIES Accounting Principles Our unaudited interim consolidated financial statements and accompanying notes are prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”). In the opinion of management, the unaudited interim consolidated financial statements reflect all adjustments of a normal recurring nature that are necessary for a fair presentation of the results for the interim periods presented. Interim results are not necessarily indicative of results for a full year. The information included in this Form 10-Q should be read in conjunction with information included in the Microsoft Corporation fiscal year 2024 Form 10-K filed with the U.S. Securities and Exchange Commission on July 30, 2024. Principles of Consolidation The consolidated financial statements include the accounts of Microsoft Corporation and its subsidiaries. Intercompany transactions and balances have been eliminated. Recast of Certain Prior Period Information In August 2024, we announced changes to the composition of our segments. These changes align our segments with how we currently manage our business, 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. Prior period segment information has been recast to conform to the way we internally manage and monitor our business during fiscal year 2025. These changes impacted Note 8 – Goodwill, Note 12 – Unearned Revenue, and Note 17 – Segment Information and Geographic Data. The recast of prior period information had no impact on our consolidated balance sheets, consolidated income statements, or consolidated cash flows statements. Estimates and Assumptions Preparing financial statements requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenue, and expenses. Examples of estimates and assumptions include: for revenue recognition, determining the nature and timing of satisfaction of performance obligations, and determining the standalone selling price of performance obligations, variable consideration, and other obligations such as product returns and refunds; loss contingencies; product warranties; the fair value of and/or potential impairment of goodwill and intangible assets for our reporting units; product life cycles; useful lives of our tangible and intangible assets; allowances for doubtful accounts; the market value of, and demand for, our inventory; stock-based compensation forfeiture rates; when technological feasibility is achieved for our products; the potential outcome of uncertain tax positions that have been recognized in our consolidated financial statements or tax returns; and determining the timing and amount of impairments for investments. Actual results and outcomes may differ from management’s estimates and assumptions due to risks and uncertainties. Financial Instruments Investments We consider all highly liquid interest-earning investments with a maturity of three months or less at the date of purchase to be cash equivalents. The fair values of these investments approximate their carrying values. In general, investments with original maturities of greater than three months and remaining maturities of less than one year are classified as short-term investments. Investments with maturities beyond one year may be classified as short-term based on their highly liquid nature and because such marketable securities represent the investment of cash that is available for current operations. Debt investments are classified as available-for-sale and realized gains and losses are recorded using the specific identification method. Changes in fair value, excluding credit losses and impairments, are recorded in other comprehensive income. Fair value is calculated based on publicly available market information or other estimates determined by management. If the cost of an investment exceeds its fair value, we evaluate, among other factors, general market conditions, credit quality of debt instrument issuers, and the extent to which the fair value is less than cost. To determine credit losses, we employ a systematic methodology that considers available quantitative and qualitative evidence. In addition, we consider specific adverse conditions related to the financial health of, and business outlook for, the investee. If we have plans to sell the security or it is more likely than not that we will be required to sell the security before recovery, then a decline in fair value below cost is recorded as an impairment charge in other income (expense), net and a new cost basis in the investment is established. If market, industry, and/or investee conditions deteriorate, we may incur future impairments. Equity investments with readily determinable fair values are measured at fair value. Equity investments without readily determinable fair values are measured using the equity method or measured at cost with adjustments for observable changes in price or impairments (referred to as the measurement alternative). We perform a qualitative assessment on a periodic basis and recognize an impairment if there are sufficient indicators that the fair value of the investment is less than carrying value. Changes in value are recorded in other income (expense), net. Investments that are considered variable interest entities (“VIEs”) are evaluated to determine whether we are the primary beneficiary of the VIE, in which case we would be required to consolidate the entity. We evaluate whether we have (1) the power to direct the activities that most significantly impact the VIE’s economic performance, and (2) the obligation to absorb losses or the right to receive benefits from the VIE that could potentially be significant to the VIE. We have determined we are not the primary beneficiary of any of our VIE investments. Therefore, our VIE investments are not consolidated and the majority are accounted for under the equity method of accounting. We have an investment in OpenAI Global, LLC (“OpenAI”) and have made total funding commitments of $ 13 billion. The investment is accounted for under the equity method of accounting. Derivatives Derivative instruments are recognized as either assets or liabilities and measured at fair value. The accounting for changes in the fair value of a derivative depends on the intended use of the derivative and the resulting designation. For derivative instruments designated as fair value hedges, gains and losses are recognized in other income (expense), net with offsetting gains and losses on the hedged items. Gains and losses representing hedge components excluded from the assessment of effectiveness are recognized in other income (expense), net. For derivative instruments designated as cash flow hedges, gains and losses are initially reported as a component of other comprehensive income and subsequently recognized in other income (expense), net with the corresponding hedged item. Gains and losses representing hedge components excluded from the assessment of effectiveness are recognized in other income (expense), net. For derivative instruments that are not designated as hedges, gains and losses from changes in fair values are primarily recognized in other income (expense), net. Fair Value Measurements We account for certain assets and liabilities at fair value. The hierarchy below lists three levels of fair value based on the extent to which inputs used in measuring fair value are observable in the market. We categorize each of our fair value measurements in one of these three levels based on the lowest level input that is significant to the fair value measurement in its entirety. These levels are: • Level 1 – inputs are based upon unadjusted quoted prices for identical instruments in active markets. Our Level 1 investments include U.S. government securities, common and preferred stock, and mutual funds. Our Level 1 derivative assets and liabilities include those actively traded on exchanges. • Level 2 – inputs are based upon quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-based valuation techniques (e.g. the Black-Scholes model) for which all significant inputs are observable in the market or can be corroborated by observable market data for substantially the full term of the assets or liabilities. Where applicable, these models project future cash flows and discount the future amounts to a present value using market-based observable inputs including interest rate curves, credit spreads, foreign exchange rates, and forward and spot prices for currencies. Our Level 2 investments include commercial paper, certificates of deposit, U.S. agency securities, foreign government bonds, mortgage- and asset-backed securities, corporate notes and bonds, and municipal securities. Our Level 2 derivative assets and liabilities include certain cleared swap contracts and over-the-counter forward, option, and swap contracts. • Level 3 – inputs are generally unobservable and typically reflect management’s estimates of assumptions that market participants would use in pricing the asset or liability. The fair values are therefore determined using model-based techniques, including option pricing models and discounted cash flow models. Our Level 3 assets and liabilities include investments in corporate notes and bonds, municipal securities, and goodwill and intangible assets, when they are recorded at fair value due to an impairment charge. Unobservable inputs used in the models are significant to the fair values of the assets and liabilities. We measure equity investments without readily determinable fair values on a nonrecurring basis. The fair values of these investments are determined based on valuation techniques using the best information available, and may include quoted market prices, market comparables, and discounted cash flow projections. Our other current financial assets and current financial liabilities have fair values that approximate their carrying values. Contract Balances and Other Receivables As of September 30, 2024 and June 30, 2024, long-term accounts receivable, net of allowance for doubtful accounts, was $ 4.8 billion and $ 4.9 billion, respectively, and is included in other long-term assets in our consolidated balance sheets. As of September 30, 2024 and June 30, 2024, other receivables related to activities to facilitate the purchase of server components were $ 11.4 billion and $ 10.5 billion, respectively, and are included in other current assets in our consolidated balance sheets. We record financing receivables when we offer certain of our customers the option to acquire our software products and services offerings through a financing program in a limited number of countries. As of September 30, 2024 and June 30, 2024, our financing receivables, net were $ 4.3 billion and $ 4.5 billion, respectively, for short-term and long-term financing receivables, which are included in other current assets and other long-term assets in our consolidated balance sheets. We record an allowance to cover expected losses based on troubled accounts, historical experience, and other currently available evidence. Related Party Transactions In March 2024, we entered into an agreement with Inflection AI, Inc. (“Inflection”), pursuant to which we obtained a non-exclusive license to Inflection’s intellectual property. Reid Hoffman, a member of our Board of Directors, is a co-founder of and serves on the board of directors of Inflection. As of the date of the agreement with Inflection, Reprogrammed Interchange LLC (“Reprogrammed”) and entities affiliated with Greylock Ventures (“Greylock”) each held less than a 10 % equity interest in Inflection. Mr. Hoffman may be deemed to beneficially own the shares held by Reprogrammed and Greylock by virtue of his relationship with such entities. Mr. Hoffman did not participate in any portions of the meetings of our Board of Directors or any committee thereof to review and approve the transaction with Inflection. Recent Accounting Guidance Segment Reporting – Improvements to Reportable Segment Disclosures In November 2023, the Financial Accounting Standards Board (“FASB”) issued a new standard to improve reportable segment disclosures. The guidance expands the disclosures required for reportable segments in our annual and interim consolidated financial statements, primarily through enhanced disclosures about significant segment expenses. The standard will be effective for us beginning with our annual reporting for fiscal year 2025 and interim periods thereafter, with early adoption permitted. We are currently evaluating the impact of this standard on our segment disclosures. Income Taxes – Improvements to Income Tax Disclosures In December 2023, the FASB issued a new standard to improve income tax disclosures. The guidance requires disclosure of disaggregated income taxes paid, prescribes standardized categories for the components of the effective tax rate reconciliation, and modifies other income tax-related disclosures. The standard will be effective for us beginning with our annual reporting for fiscal year 2026, with early adoption permitted. We are currently evaluating the impact of this standard on our income tax disclosures.

EARNINGS PER SHARE

EARNINGS PER SHARE	3 Months Ended
EARNINGS PER SHARE	Sep. 30, 2024
Earnings Per Share [Abstract]
EARNINGS PER SHARE	NOTE 2 — EARNINGS PER SHARE Basic earnings per share (“EPS”) is computed based on the weighted average number of shares of common stock outstanding during the period. Diluted EPS is computed based on the weighted average number of shares of common stock plus the effect of dilutive potential common shares outstanding during the period using the treasury stock method. Dilutive potential common shares include outstanding stock options and stock awards. The components of basic and diluted EPS were as follows: (In millions, except earnings per share) Three Months Ended September 30, 2024 2023 Net income available for common shareholders (A) $ 24,667 $ 22,291 Weighted average outstanding shares of common stock (B) 7,433 7,429 Dilutive effect of stock-based awards 37 33 Common stock and common stock equivalents (C) 7,470 7,462 Earnings Per Share Basic (A/B) $ 3.32 $ 3.00 Diluted (A/C) $ 3.30 $ 2.99 Anti-dilutive stock-based awards excluded from the calculations of diluted EPS were immaterial during the periods presented.

OTHER INCOME (EXPENSE), NET

OTHER INCOME (EXPENSE), NET	3 Months Ended
OTHER INCOME (EXPENSE), NET	Sep. 30, 2024
Other Income and Expenses [Abstract]
OTHER INCOME (EXPENSE), NET	NOTE 3 — OTHER INCOME (EXPENSE), NET The components of other income (expense), net were as follows: (In millions) Three Months Ended September 30, 2024 2023 Interest and dividends income $ 681 $ 1,166 Interest expense ( 582 ) ( 525 ) Net recognized gains (losses) on investments 463 ( 107 ) Net gains (losses) on derivatives ( 338 ) 93 Net gains (losses) on foreign currency remeasurements 176 ( 101 ) Other, net ( 683 ) ( 137 ) Total $ ( 283 ) $ 389 Other, net primarily reflects net recognized losses on equity method investments, including OpenAI . Net Recognized Gains (Losses) on Investments Net recognized gains (losses) on debt investments were as follows: (In millions) Three Months Ended September 30, 2024 2023 Realized gains from sales of available-for-sale securities $ 8 $ 2 Realized losses from sales of available-for-sale securities ( 15 ) ( 25 ) Impairments and allowance for credit losses 12 ( 6 ) Total $ 5 $ ( 29 ) Net recognized gains (losses) on equity investments were as follows: (In millions) Three Months Ended September 30, 2024 2023 Net realized gains on investments sold $ 65 $ 45 Net unrealized gains (losses) on investments still held 412 ( 123 ) Impairments of investments ( 19 ) 0 Total $ 458 $ ( 78 )

INVESTMENTS

INVESTMENTS	3 Months Ended
INVESTMENTS	Sep. 30, 2024
Investments, Debt and Equity Securities [Abstract]
INVESTMENTS	NOTE 4 — INVESTMENTS Investment Components The components of investments were as follows: (In millions) Fair Value Level Adjusted Cost Basis Unrealized Gains Unrealized Losses Recorded Basis Cash and Cash Equivalents Short-term Investments Equity and Other Investments September 30, 2024 Changes in Fair Value Recorded in Other Comprehensive Income Commercial paper Level 2 $ 6,513 $ 0 $ 0 $ 6,513 $ 6,513 $ 0 $ 0 Certificates of deposit Level 2 2,899 0 0 2,899 2,855 44 0 U.S. government securities Level 1 48,764 16 ( 1,828 ) 46,952 0 46,952 0 U.S. agency securities Level 2 17 0 0 17 0 17 0 Foreign government bonds Level 2 288 8 ( 9 ) 287 0 287 0 Mortgage- and asset-backed securities Level 2 937 10 ( 22 ) 925 0 925 0 Corporate notes and bonds Level 2 8,932 114 ( 166 ) 8,880 0 8,880 0 Corporate notes and bonds Level 3 1,639 0 ( 1 ) 1,638 0 138 1,500 Municipal securities Level 2 263 2 ( 8 ) 257 0 257 0 Municipal securities Level 3 104 0 ( 15 ) 89 0 89 0 Total debt investments $ 70,356 $ 150 $ ( 2,049 ) $ 68,457 $ 9,368 $ 57,589 $ 1,500 Changes in Fair Value Recorded in Net Income Equity investments Level 1 $ 4,252 $ 884 $ 0 $ 3,368 Equity investments Other 10,910 0 0 10,910 Total equity investments $ 15,162 $ 884 $ 0 $ 14,278 Cash $ 10,588 $ 10,588 $ 0 $ 0 Derivatives, net (a) ( 1 ) 0 ( 1 ) 0 Total $ 94,206 $ 20,840 $ 57,588 $ 15,778 (In millions) Fair Value Level Adjusted Cost Basis Unrealized Gains Unrealized Losses Recorded Basis Cash and Cash Equivalents Short-term Investments Equity and Other Investments June 30, 2024 Changes in Fair Value Recorded in Other Comprehensive Income Commercial paper Level 2 $ 4,666 $ 0 $ 0 $ 4,666 $ 4,666 $ 0 $ 0 Certificates of deposit Level 2 1,547 0 0 1,547 1,503 44 0 U.S. government securities Level 1 49,603 4 ( 2,948 ) 46,659 14 46,645 0 U.S. agency securities Level 2 17 0 0 17 0 17 0 Foreign government bonds Level 2 319 3 ( 16 ) 306 0 306 0 Mortgage- and asset-backed securities Level 2 944 3 ( 35 ) 912 0 912 0 Corporate notes and bonds Level 2 9,106 28 ( 318 ) 8,816 0 8,816 0 Corporate notes and bonds Level 3 1,641 0 ( 1 ) 1,640 0 140 1,500 Municipal securities Level 2 262 0 ( 13 ) 249 0 249 0 Municipal securities Level 3 104 0 ( 17 ) 87 0 87 0 Total debt investments $ 68,209 $ 38 $ ( 3,348 ) $ 64,899 $ 6,183 $ 57,216 $ 1,500 Changes in Fair Value Recorded in Net Income Equity investments Level 1 $ 3,547 $ 561 $ 0 $ 2,986 Equity investments Other 10,114 0 0 10,114 Total equity investments $ 13,661 $ 561 $ 0 $ 13,100 Cash $ 11,571 $ 11,571 $ 0 $ 0 Derivatives, net (a) 12 0 12 0 Total $ 90,143 $ 18,315 $ 57,228 $ 14,600 (a) Refer to Note 5 – Derivatives for further information on the fair value of our derivative instruments. Equity investments presented as “Other” in the tables above include investments without readily determinable fair values measured at cost with adjustments for observable changes in price or impairments, measured using the equity method, or measured at fair value using net asset value as a practical expedient which are not categorized in the fair value hierarchy. As of September 30, 2024 and June 30, 2024, equity investments without readily determinable fair values measured at cost with adjustments for observable changes in price or impairments were $ 3.8 billion and $ 3.9 billion, respectively, and equity investments measured using the equity method were $ 6.8 billion and $ 6.0 billion, respectively. Unrealized Losses on Debt Investments Debt investments with continuous unrealized losses for less than 12 months and 12 months or greater and their related fair values were as follows: Less than 12 Months 12 Months or Greater Total (In millions) Fair Value Unrealized Fair Value Unrealized Total September 30, 2024 U.S. government and agency securities $ 146 $ ( 2 ) $ 46,240 $ ( 1,826 ) $ 46,386 $ ( 1,828 ) Foreign government bonds 12 ( 1 ) 144 ( 8 ) 156 ( 9 ) Mortgage- and asset-backed securities 0 0 287 ( 22 ) 287 ( 22 ) Corporate notes and bonds 134 ( 1 ) 4,963 ( 166 ) 5,097 ( 167 ) Municipal securities 0 0 242 ( 23 ) 242 ( 23 ) Total $ 292 $ ( 4 ) $ 51,876 $ ( 2,045 ) $ 52,168 $ ( 2,049 ) Less than 12 Months 12 Months or Greater Total (In millions) Fair Value Unrealized Fair Value Unrealized Total June 30, 2024 U.S. government and agency securities $ 529 $ ( 12 ) $ 45,821 $ ( 2,936 ) $ 46,350 $ ( 2,948 ) Foreign government bonds 79 ( 2 ) 180 ( 14 ) 259 ( 16 ) Mortgage- and asset-backed securities 201 ( 1 ) 409 ( 34 ) 610 ( 35 ) Corporate notes and bonds 1,310 ( 9 ) 5,779 ( 310 ) 7,089 ( 319 ) Municipal securities 38 ( 1 ) 243 ( 29 ) 281 ( 30 ) Total $ 2,157 $ ( 25 ) $ 52,432 $ ( 3,323 ) $ 54,589 $ ( 3,348 ) Unrealized losses from fixed-income securities are primarily attributable to changes in interest rates. Management does not believe any remaining unrealized losses represent impairments based on our evaluation of available evidence. Debt Investment Maturities The following table outlines maturities of our debt investments as of September 30, 2024: (In millions) Adjusted Cost Basis Estimated Fair Value September 30, 2024 Due in one year or less $ 24,446 $ 24,331 Due after one year through five years 37,153 35,927 Due after five years through 10 years 7,338 6,865 Due after 10 years 1,419 1,334 Total $ 70,356 $ 68,457

DERIVATIVES

DERIVATIVES	3 Months Ended
DERIVATIVES	Sep. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
DERIVATIVES	NOTE 5 — DERIVATIVES We use derivative instruments to manage risks related to foreign currencies, interest rates, equity prices, and credit; to enhance investment returns; and to facilitate portfolio diversification. Our objectives for holding derivatives include reducing, eliminating, and efficiently managing the economic impact of these exposures as effectively as possible. Our derivative programs include strategies that both qualify and do not qualify for hedge accounting treatment. Foreign Currencies Certain forecasted transactions, assets, and liabilities are exposed to foreign currency risk. We monitor our foreign currency exposures daily to maximize the economic effectiveness of our foreign currency hedge positions. Foreign currency risks related to certain Euro-denominated debt are hedged using foreign exchange forward contracts that are designated as cash flow hedging instruments. Certain options and forwards not designated as hedging instruments are also used to manage the variability in foreign exchange rates on certain balance sheet amounts and to manage other foreign currency exposures. Interest Rate Interest rate risks related to certain fixed-rate debt are hedged using interest rate swaps that are designated as fair value hedging instruments to effectively convert the fixed interest rates to floating interest rates. Securities held in our fixed-income portfolio are subject to different interest rate risks based on their maturities. We manage the average maturity of our fixed-income portfolio to achieve economic returns that correlate to certain broad-based fixed-income indices using option, futures, and swap contracts. These contracts are not designated as hedging instruments and are included in “Other contracts” in the tables below. Equity Securities held in our equity investments portfolio are subject to market price risk. At times, we may hold options, futures, and swap contracts. These contracts are not designated as hedging instruments. Credit Our fixed-income portfolio is diversified and consists primarily of investment-grade securities. We use credit default swap contracts to manage credit exposures relative to broad-based indices and to facilitate portfolio diversification. These contracts are not designated as hedging instruments and are included in “Other contracts” in the tables below. Credit-Risk-Related Contingent Features Certain counterparty agreements for derivative instruments contain provisions that require our issued and outstanding long-term unsecured debt to maintain an investment grade credit rating and require us to maintain minimum liquidity of $ 1.0 billion. To the extent we fail to meet these requirements, we will be required to post collateral, similar to the standard convention related to over-the-counter derivatives. As of September 30, 2024, our long-term unsecured debt rating was AAA , and cash investments were in excess of $ 1.0 billion. As a result, no collateral was required to be posted. The following table presents the notional amounts of our outstanding derivative instruments measured in U.S. dollar equivalents: (In millions) September 30, 2024 June 30, 2024 Designated as Hedging Instruments Foreign exchange contracts purchased $ 1,492 $ 1,492 Interest rate contracts purchased 1,144 1,100 Not Designated as Hedging Instruments Foreign exchange contracts purchased 8,438 7,167 Foreign exchange contracts sold 22,559 31,793 Equity contracts purchased 4,290 4,016 Equity contracts sold 2,165 2,165 Other contracts purchased 2,829 2,113 Other contracts sold 1,121 811 Fair Values of Derivative Instruments The following table presents our derivative instruments: (In millions) Derivative Assets Derivative Liabilities Derivative Assets Derivative Liabilities September 30, 2024 June 30, 2024 Designated as Hedging Instruments Foreign exchange contracts $ 50 $ ( 65 ) $ 24 $ ( 76 ) Interest rate contracts 5 0 19 0 Not Designated as Hedging Instruments Foreign exchange contracts 189 ( 615 ) 213 ( 230 ) Equity contracts 68 ( 804 ) 63 ( 491 ) Other contracts 6 ( 6 ) 12 ( 3 ) Gross amounts of derivatives 318 ( 1,490 ) 331 ( 800 ) Gross amounts of derivatives offset in the balance sheets ( 196 ) 198 ( 151 ) 152 Cash collateral received 0 ( 18 ) 0 ( 104 ) Net amounts of derivatives $ 122 $ ( 1,310 ) $ 180 $ ( 752 ) Reported as Short-term investments $ ( 1 ) $ 0 $ 12 $ 0 Other current assets 118 0 149 0 Other long-term assets 5 0 19 0 Other current liabilities 0 ( 900 ) 0 ( 401 ) Other long-term liabilities 0 ( 410 ) 0 ( 351 ) Total $ 122 $ ( 1,310 ) $ 180 $ ( 752 ) Gross derivative assets and liabilities subject to legally enforceable master netting agreements for which we have elected to offset were $ 306 million and $ 1.5 billion, respectively, as of September 30, 2024, and $ 304 million and $ 800 million, respectively, as of June 30, 2024. The following table presents the fair value of our derivatives instruments on a gross basis: (In millions) Level 1 Level 2 Level 3 Total September 30, 2024 Derivative assets $ 0 $ 313 $ 5 $ 318 Derivative liabilities ( 1 ) ( 1,489 ) 0 ( 1,490 ) June 30, 2024 Derivative assets 0 327 4 331 Derivative liabilities ( 1 ) ( 799 ) 0 ( 800 ) Gains (losses) on derivative instruments recognized in other income (expense), net were as follows: (In millions) Three Months Ended September 30, 2024 2023 Designated as Fair Value Hedging Instruments Interest rate contracts Derivatives $ 20 $ ( 16 ) Hedged items ( 32 ) 3 Designated as Cash Flow Hedging Instruments Foreign exchange contracts Amount reclassified from accumulated other comprehensive loss 49 ( 46 ) Not Designated as Hedging Instruments Foreign exchange contracts ( 383 ) 206 Equity contracts ( 348 ) 113 Other contracts 24 ( 33 ) Gains (losses), net of tax, on derivative instruments recognized in our consolidated comprehensive income statements were as follows: (In millions) Three Months Ended September 30, 2024 2023 Designated as Cash Flow Hedging Instruments Foreign exchange contracts Included in effectiveness assessment $ 29 $ ( 15 )

INVENTORIES

INVENTORIES	3 Months Ended
INVENTORIES	Sep. 30, 2024
Inventory Disclosure [Abstract]
INVENTORIES	NOTE 6 — INVENTORIES The components of inventories were as follows: (In millions) September 30, 2024 June 30, 2024 Raw materials $ 488 $ 394 Work in process 11 7 Finished goods 1,127 845 Total $ 1,626 $ 1,246

BUSINESS COMBINATIONS

BUSINESS COMBINATIONS	3 Months Ended
BUSINESS COMBINATIONS	Sep. 30, 2024
Business Combinations [Abstract]
BUSINESS COMBINATIONS	NOTE 7 — BUSINESS COMBINATIONS Activision Blizzard, Inc. On October 13, 2023 , we completed our acquisition of Activision Blizzard, Inc. (“Activision Blizzard”) for a total purchase price of $ 75.4 billion, consisting primarily of cash. Activision Blizzard is a leader in game development and an interactive entertainment content publisher. The acquisition will accelerate the growth in our gaming business across mobile, PC, console, and cloud gaming. The financial results of Activision Blizzard have been included in our consolidated financial statements since the date of the acquisition. Activision Blizzard is reported as part of our More Personal Computing segment. The allocation of the purchase price to the assets acquired and liabilities assumed was completed as of September 30, 2024. The major classes of assets and liabilities to which we have allocated the purchase price were as follows: (In millions) Cash and cash equivalents $ 12,976 Goodwill 51,001 Intangible assets 21,969 Other assets 2,503 Long-term debt ( 2,799 ) Long-term income taxes ( 1,946 ) Deferred income taxes ( 4,676 ) Other liabilities ( 3,620 ) Total purchase price $ 75,408 Goodwill was assigned to our More Personal Computing segment. The goodwill was primarily attributed to increased synergies that are expected to be achieved from the integration of Activision Blizzard. Substantially all of the goodwill is expected to be non-deductible for income tax purposes. Following are the details of the purchase price allocated to the intangible assets acquired: (In millions, except average life) Amount Weighted Average Life Marketing-related $ 11,619 24 years Technology-based 9,689 4 years Customer-related 661 4 years Fair value of intangible assets acquired $ 21,969 15 years Following are the supplemental consolidated financial results of Microsoft Corporation on an unaudited pro forma basis, as if the acquisition had been consummated on July 1, 2022: (In millions, except per share amounts) Three Months Ended September 30, 2023 Revenue $ 58,561 Net income 22,314 Diluted earnings per share 2.99 These pro forma results were based on estimates and assumptions, which we believe are reasonable. They are not the results that would have been realized had we been a combined company during the periods presented and are not necessarily indicative of our consolidated results of operations in future periods. The pro forma results include adjustments related to purchase accounting, primarily amortization of intangible assets. Acquisition costs and other nonrecurring charges were immaterial and are included in the earliest period presented.

GOODWILL

GOODWILL	3 Months Ended
GOODWILL	Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL	NOTE 8 — GOODWILL Changes in the carrying amount of goodwill were as follows: (In millions) June 30, 2024 Acquisitions Other September 30, 2024 Productivity and Business Processes $ 31,361 $ 0 $ 44 $ 31,405 Intelligent Cloud 25,648 0 22 25,670 More Personal Computing 62,211 0 88 62,299 Total $ 119,220 $ 0 $ 154 $ 119,374 We have recast certain prior period amounts to conform to the way we internally manage and monitor our business. Refer to Note 1 – Accounting Policies for further information. The measurement periods for the valuation of assets acquired and liabilities assumed end as soon as information on the facts and circumstances that existed as of the acquisition dates becomes available, but do not exceed 12 months. Adjustments in purchase price allocations may require a change in the amounts allocated to goodwill during the periods in which the adjustments are determined. Any change in the goodwill amounts resulting from foreign currency translations and purchase accounting adjustments are presented as “Other” in the table above. Also included in “Other” are business dispositions and transfers between segments due to reorganizations, as applicable. As discussed in Note 1 – Accounting Policies, during the first quarter of fiscal year 2025 we made changes to our segments. These segment changes also resulted in changes to our reporting units. We reallocated goodwill across impacted reporting units using a relative fair value approach. In addition, we completed an assessment of any potential goodwill impairment for all reporting units immediately prior to the reallocation and determined that no impairment existed.

INTANGIBLE ASSETS

INTANGIBLE ASSETS	3 Months Ended
INTANGIBLE ASSETS	Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
INTANGIBLE ASSETS	NOTE 9 — INTANGIBLE ASSETS The components of intangible assets, all of which are finite-lived, were as follows: (In millions) Gross Accumulated Net Gross Accumulated Net Carrying Amount September 30, 2024 June 30, 2024 Marketing-related $ 16,490 $ ( 3,296 ) $ 13,194 $ 16,500 $ ( 3,101 ) $ 13,399 Technology-based 22,426 ( 11,709 ) 10,717 21,913 ( 10,741 ) 11,172 Customer-related 6,039 ( 3,261 ) 2,778 6,038 ( 3,051 ) 2,987 Contract-based 81 ( 19 ) 62 58 ( 19 ) 39 Total $ 45,036 $ ( 18,285 ) $ 26,751 $ 44,509 $ ( 16,912 ) $ 27,597 Intangible assets amortization expense was $ 1.4 billion and $ 636 million for the three months ended September 30, 2024 and 2023, respectively. The following table outlines the estimated future amortization expense related to intangible assets held as of September 30, 2024: (In millions) Year Ending June 30, 2025 (excluding the three months ended September 30, 2024) $ 4,563 2026 4,538 2027 2,847 2028 1,961 2029 1,780 Thereafter 11,062 Total $ 26,751

DEBT

DEBT	3 Months Ended
DEBT	Sep. 30, 2024
Debt Disclosure [Abstract]
DEBT	NOTE 10 — DEBT Short-term Debt As of September 30, 2024, we had no commercial paper issued or outstanding. As of June 30, 2024, we had $ 6.7 billion of commercial paper issued and outstanding, with a weighted average interest rate of 5.4 % and maturities ranging from 28 days to 152 days. The estimated fair value of this commercial paper approximates its carrying value. Long-term Debt The components of long-term debt were as follows: (In millions, issuance by calendar year) Maturities (calendar year) Stated Interest Rate Effective Interest Rate September 30, 2024 June 30, 2024 2009 issuance of $ 3.8 billion 2039 5.20 % 5.24 % $ 520 $ 520 2010 issuance of $ 4.8 billion 2040 4.50 % 4.57 % 486 486 2011 issuance of $ 2.3 billion 2041 5.30 % 5.36 % 718 718 2012 issuance of $ 2.3 billion 2042 3.50 % 3.57 % 454 454 2013 issuance of $ 5.2 billion 2043 3.75 % – 4.88 % 3.83 % – 4.92 % 314 314 2013 issuance of € 4.1 billion 2028 – 2033 2.63 % – 3.13 % 2.69 % – 3.22 % 2,567 2,465 2015 issuance of $ 23.8 billion 2025 – 2055 2.70 % – 4.75 % 2.77 % – 4.78 % 9,805 9,805 2016 issuance of $ 19.8 billion 2026 – 2056 2.40 % – 3.95 % 2.46 % – 4.03 % 7,930 7,930 2017 issuance of $ 17.1 billion 2026 – 2057 3.30 % – 4.50 % 3.38 % – 5.49 % 6,833 6,833 2020 issuance of $ 10.1 billion 2030 – 2060 1.35 % – 2.68 % 2.53 % – 5.43 % 10,111 10,111 2021 issuance of $ 8.2 billion 2052 – 2062 2.92 % – 3.04 % 2.92 % – 3.04 % 8,185 8,185 2023 issuance of $ 0.1 billion 2026 – 2050 1.35 % – 4.50 % 5.16 % – 5.49 % 56 56 2024 issuance of $ 3.3 billion 2026 – 2050 1.35 % – 4.50 % 5.16 % – 5.49 % 3,344 3,344 Total face value 51,323 51,221 Unamortized discount and issuance costs ( 1,209 ) ( 1,227 ) Hedge fair value adjustments (a) ( 49 ) ( 81 ) Premium on debt exchange ( 4,948 ) ( 4,976 ) Total debt 45,117 44,937 Current portion of long-term debt ( 2,249 ) ( 2,249 ) Long-term debt $ 42,868 $ 42,688 (a) Refer to Note 5 – Derivatives for further information on the interest rate swaps related to fixed-rate debt. As of September 30, 2024 and June 30, 2024, the estimated fair value of long-term debt, including the current portion, was $ 44.6 billion and $ 42.3 billion, respectively. The estimated fair values are based on Level 2 inputs. Debt in the table above is comprised of senior unsecured obligations and ranks equally with our other outstanding obligations. Interest is paid semi-annually, except for the Euro-denominated debt, which is paid annually. The following table outlines maturities of our long-term debt, including the current portion, as of September 30, 2024: (In millions) Year Ending June 30, 2025 (excluding the three months ended September 30, 2024) $ 2,250 2026 3,000 2027 9,250 2028 0 2029 1,953 Thereafter 34,870 Total $ 51,323

INCOME TAXES

INCOME TAXES	3 Months Ended
INCOME TAXES	Sep. 30, 2024
Income Tax Disclosure [Abstract]
INCOME TAXES	NOTE 11 — INCOME TAXES Effective Tax Rate Our effective tax rate was 19 % and 18 % for the three months ended September 30, 2024 and 2023, respectively. The increase in our effective tax rate for the current quarter compared to the prior year was primarily due to tax benefits from tax law changes in the first quarter of fiscal year 2024, including the impact from the issuance of Notice 2023-55 by the Internal Revenue Service (“IRS”) and U.S. Treasury Department, which delayed the effective date of final foreign tax credit regulations to fiscal year 2024 for Microsoft. Notice 2023-80, issued in the second quarter of fiscal year 2024, further delayed the effective date of final foreign tax credit regulations indefinitely. Our effective tax rate was lower than the U.S. federal statutory rate for the three months ended September 30, 2024, primarily due to earnings taxed at lower rates in foreign jurisdictions resulting from producing and distributing our products and services through our foreign regional operations center in Ireland. Uncertain Tax Positions As of September 30, 2024 and June 30, 2024, unrecognized tax benefits and other income tax liabilities were $ 25.9 billion and $ 24.9 billion, respectively, and are included in long-term income taxes in our consolidated balance sheets. We remain under audit by the IRS for tax years 2014 to 2017 . With respect to the audit for tax years 2004 to 2013 , on September 26, 2023, we received Notices of Proposed Adjustment (“NOPAs”) from the IRS. The primary issues in the NOPAs relate to intercompany transfer pricing. In the NOPAs, the IRS is seeking an additional tax payment of $ 28.9 billion plus penalties and interest. As of September 30, 2024, we believe our allowances for income tax contingencies are adequate. We disagree with the proposed adjustments and will vigorously contest the NOPAs through the IRS’s administrative appeals office and, if necessary, judicial proceedings. We do not expect a final resolution of these issues in the next 12 months. Based on the information currently available, we do not anticipate a significant increase or decrease to our income tax contingencies for these issues within the next 12 months. We are subject to income tax in many jurisdictions outside the U.S. Our operations in certain jurisdictions remain subject to examination for tax years 1996 to 2024 , some of which are currently under audit by local tax authorities. The resolution of each of these audits is not expected to be material to our consolidated financial statements.

UNEARNED REVENUE

UNEARNED REVENUE	3 Months Ended
UNEARNED REVENUE	Sep. 30, 2024
Revenue from Contract with Customer [Abstract]
UNEARNED REVENUE	NOTE 12 — UNEARNED REVENUE Unearned revenue by segment was as follows: (In millions) September 30, 2024 June 30, Productivity and Business Processes $ 40,429 $ 43,599 Intelligent Cloud 12,397 13,683 More Personal Computing 2,863 2,902 Total $ 55,689 $ 60,184 We have recast certain prior period amounts to conform to the way we internally manage and monitor our business. Refer to Note 1 – Accounting Policies for further information. Changes in unearned revenue were as follows: (In millions) Three Months Ended September 30, 2024 Balance, beginning of period $ 60,184 Deferral of revenue 37,642 Recognition of unearned revenue ( 42,137 ) Balance, end of period $ 55,689 Revenue allocated to remaining performance obligations, which includes unearned revenue and amounts that will be invoiced and recognized as revenue in future periods, was $ 266 billion as of September 30, 2024, of which $ 259 billion is related to the commercial portion of revenue. We expect to recognize approximately 45 % of our total company remaining performance obligation revenue over the next 12 months and the remainder thereafter.

LEASES

LEASES	3 Months Ended
LEASES	Sep. 30, 2024
Leases [Abstract]
LEASES	NOTE 13 — LEASES We have operating and finance leases for datacenters, corporate offices, research and development facilities, Microsoft Experience Centers, and certain equipment. Our leases have remaining lease terms of less than 1 year to 17 years, some of which include options to extend the leases for up to 5 years, and some of which include options to terminate the leases within 1 year. The components of lease expense were as follows: (In millions) Three Months Ended September 30, 2024 2023 Operating lease cost $ 1,161 $ 775 Finance lease cost: Amortization of right-of-use assets $ 696 $ 380 Interest on lease liabilities 275 149 Total finance lease cost $ 971 $ 529 Supplemental cash flow information related to leases was as follows: (In millions) Three Months Ended September 30, 2024 2023 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 1,207 $ 795 Operating cash flows from finance leases 275 149 Financing cash flows from finance leases 802 285 Right-of-use assets obtained in exchange for lease obligations: Operating leases 1,892 1,804 Finance leases 4,332 1,704 Supplemental balance sheet information related to leases was as follows: (In millions, except lease term and discount rate) September 30, 2024 June 30, 2024 Operating Leases Operating lease right-of-use assets $ 20,528 $ 18,961 Other current liabilities $ 4,009 $ 3,580 Operating lease liabilities 16,361 15,497 Total operating lease liabilities $ 20,370 $ 19,077 Finance Leases Property and equipment, at cost $ 37,186 $ 32,248 Accumulated depreciation ( 7,070 ) ( 6,386 ) Property and equipment, net $ 30,116 $ 25,862 Other current liabilities $ 2,504 $ 2,349 Other long-term liabilities 28,847 24,796 Total finance lease liabilities $ 31,351 $ 27,145 Weighted Average Remaining Lease Term Operating leases 7 years 7 years Finance leases 12 years 12 years Weighted Average Discount Rate Operating leases 3.4 % 3.3 % Finance leases 4.0 % 3.9 % The following table outlines maturities of our lease liabilities as of September 30, 2024: (In millions) Year Ending June 30, Operating Leases Finance Leases 2025 (excluding the three months ended September 30, 2024) $ 3,386 $ 2,742 2026 4,122 3,697 2027 3,411 3,720 2028 2,754 3,706 2029 2,124 3,099 Thereafter 7,174 22,745 Total lease payments 22,971 39,709 Less imputed interest ( 2,601 ) ( 8,358 ) Total $ 20,370 $ 31,351 As of September 30, 2024, we had additional operating and finance leases, primarily for datacenters, that had not yet commenced of $ 7.4 billion and $ 108.7 billion, respectively. These operating and finance leases will commence between fiscal year 2025 and fiscal year 2030 with lease terms of 1 year to 20 years.

CONTINGENCIES

CONTINGENCIES	3 Months Ended
CONTINGENCIES	Sep. 30, 2024
Commitments and Contingencies Disclosure [Abstract]
CONTINGENCIES	NOTE 14 — CONTINGENCIES U.S. Cell Phone Litigation Microsoft Mobile Oy, a subsidiary of Microsoft, along with other handset manufacturers and network operators, is a defendant in 45 lawsuits filed in the Superior Court for the District of Columbia by individual plaintiffs who allege that radio emissions from cellular handsets caused their brain tumors and other adverse health effects. We assumed responsibility for these claims in our agreement to acquire Nokia’s Devices and Services business and have been substituted for the Nokia defendants. Twelve of these cases were consolidated for certain pre-trial proceedings; the remaining cases are stayed. In a separate 2009 decision, the Court of Appeals for the District of Columbia held that adverse health effect claims arising from the use of cellular handsets that operate within the U.S. Federal Communications Commission radio frequency emission guidelines (“FCC Guidelines”) are pre-empted by federal law. The plaintiffs allege that their handsets either operated outside the FCC Guidelines or were manufactured before the FCC Guidelines went into effect. The lawsuits also allege an industry-wide conspiracy to manipulate the science and testing around emission guidelines. In 2013, the defendants in the consolidated cases moved to exclude the plaintiffs’ expert evidence of general causation on the basis of flawed scientific methodologies. In 2014, the trial court granted in part and denied in part the defendants’ motion to exclude the plaintiffs’ general causation experts. The defendants filed an interlocutory appeal to the District of Columbia Court of Appeals challenging the standard for evaluating expert scientific evidence. In October 2016, the Court of Appeals issued its decision adopting the standard advocated by the defendants and remanding the cases to the trial court for further proceedings under that standard. The plaintiffs have filed supplemental expert evidence, portions of which were stricken by the court. A hearing on general causation took place in September of 2022. In April of 2023, the court granted defendants’ motion to strike the testimony of plaintiffs’ experts that cell phones cause brain cancer and entered an order excluding all of plaintiffs’ experts from testifying. The parties agreed to a stipulated dismissal of the consolidated cases to allow plaintiffs to appeal the expert testimony order. Plaintiffs appealed the court’s order in August of 2023, and the parties have filed their briefs on the appeal. A hearing on the status of the stayed cases occurred in December of 2023. In July 2024, the court entered summary judgment in nine of the stayed cases on the grounds that plaintiffs had agreed to be bound by the general causation outcome in the consolidated cases. Irish Data Protection Commission Matter In 2018, the Irish Data Protection Commission (“IDPC”) began investigating a complaint against LinkedIn as to whether LinkedIn’s targeted advertising practices violated the recently implemented European Union General Data Protection Regulation (“GDPR”). Microsoft cooperated throughout the period of inquiry. In April 2023, the IDPC provided LinkedIn with a non-public preliminary draft decision alleging GDPR violations and proposing a fine. In July 2024, the IDPC provided LinkedIn with a revised non-public draft decision. In October 2024, the IDPC provided LinkedIn with a final decision, and LinkedIn is considering its options to appeal. Other Contingencies We also are subject to a variety of other claims and suits that arise from time to time in the ordinary course of our business. Although management currently believes that resolving claims against us, individually or in aggregate, will not have a material adverse impact in our consolidated financial statements, these matters are subject to inherent uncertainties and management’s view of these matters may change in the future. As of September 30, 2024, we accrued aggregate legal liabilities of $ 492 million. While we intend to defend these matters vigorously, adverse outcomes that we estimate could reach approximately $ 600 million in aggregate beyond recorded amounts are reasonably possible. Were unfavorable final outcomes to occur, there exists the possibility of a material adverse impact in our consolidated financial statements for the period in which the effects become reasonably estimable.

STOCKHOLDERS' EQUITY

STOCKHOLDERS' EQUITY	3 Months Ended
STOCKHOLDERS' EQUITY	Sep. 30, 2024
Equity [Abstract]
STOCKHOLDERS' EQUITY	NOTE 15 — STOCKHOLDERS’ EQUITY Share Repurchases On September 14, 2021, our Board of Directors approved a share repurchase program authorizing up to $ 60.0 billion in share repurchases. This share repurchase program commenced in November 2021, has no expiration date, and may be terminated at any time. As of September 30, 2024, $ 7.5 billion remained of this $ 60.0 billion share repurchase program. On September 16, 2024, our Board of Directors approved a share repurchase program authorizing up to $ 60.0 billion in share repurchases. This share repurchase program will commence following completion of the program approved on September 14, 2021, has no expiration date, and may be terminated at any time. We repurchased the following shares of common stock under the share repurchase program: (In millions) Shares Amount Shares Amount Fiscal Year 2025 2024 First Quarter 7 $ 2,800 11 $ 3,560 All repurchases were made using cash resources. All shares repurchased were under the share repurchase program approved on September 14, 2021. The above table excludes shares repurchased to settle employee tax withholding related to the vesting of stock awards of $ 1.3 billion for the first quarter of both fiscal years 2025 and 2024. Dividends Our Board of Directors declared the following dividends: Declaration Date Record Date Payment Date Dividend Per Share Amount Fiscal Year 2025 (In millions) September 16, 2024 November 21, 2024 December 12, 2024 $ 0.83 $ 6,172 Fiscal Year 2024 September 19, 2023 November 16, 2023 December 14, 2023 $ 0.75 $ 5,574 The dividend declared on September 16, 2024 was included in other current liabilities as of September 30, 2024.

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	3 Months Ended
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	Sep. 30, 2024
Equity [Abstract]
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	NOTE 16 — ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) The following table summarizes the changes in accumulated other comprehensive income (loss) by component: (In millions) Three Months Ended September 30, 2024 2023 Derivatives Balance, beginning of period $ ( 3 ) $ ( 27 ) Unrealized gains (losses), net of tax of $ 7 and $( 4 ) 29 ( 15 ) Reclassification adjustments for (gains) losses included in other income (expense), net ( 49 ) 46 Tax expense (benefit) included in provision for income taxes 10 ( 10 ) Amounts reclassified from accumulated other comprehensive loss ( 39 ) 36 Net change related to derivatives, net of tax of $( 3 ) and $ 6 ( 10 ) 21 Balance, end of period $ ( 13 ) $ ( 6 ) Investments Balance, beginning of period $ ( 2,625 ) $ ( 3,582 ) Unrealized gains (losses), net of tax of $ 297 and $( 75 ) 1,118 ( 283 ) Reclassification adjustments for (gains) losses included in other income (expense), net ( 5 ) 29 Tax expense (benefit) included in provision for income taxes 1 ( 6 ) Amounts reclassified from accumulated other comprehensive loss ( 4 ) 23 Net change related to investments, net of tax of $ 296 and $( 69 ) 1,114 ( 260 ) Balance, end of period $ ( 1,511 ) $ ( 3,842 ) Translation Adjustments and Other Balance, beginning of period $ ( 2,962 ) $ ( 2,734 ) Translation adjustments and other, net of tax of $ 0 and $ 0 304 ( 355 ) Balance, end of period $ ( 2,658 ) $ ( 3,089 ) Accumulated other comprehensive loss, end of period $ ( 4,182 ) $ ( 6,937 )

SEGMENT INFORMATION AND GEOGRAP

SEGMENT INFORMATION AND GEOGRAPHIC DATA	3 Months Ended
SEGMENT INFORMATION AND GEOGRAPHIC DATA	Sep. 30, 2024
Segment Reporting [Abstract]
SEGMENT INFORMATION AND GEOGRAPHIC DATA	NOTE 17 — SEGMENT INFORMATION AND GEOGRAPHIC DATA In its operation of the business, management, including our chief operating decision maker, who is also our Chief Executive Officer, reviews certain financial information, including segmented internal profit and loss statements prepared on a basis not consistent with GAAP. During the periods presented, we reported our financial performance based on the following segments: Productivity and Business Processes, Intelligent Cloud, and More Personal Computing. We have recast certain prior period amounts to conform to the way we internally manage and monitor our business. Refer to Note 1 – Accounting Policies for further information. Our reportable segments are described below. Productivity and Business Processes Our Productivity and Business Processes segment consists of products and services in our portfolio of productivity, communication, and information services, spanning a variety of devices and platforms. This segment primarily comprises: • Microsoft 365 Commercial products and cloud services, including Microsoft 365 Commercial cloud, comprising Microsoft 365 Commercial, Enterprise Mobility + Security, the cloud portion of Windows Commercial, the per-user portion of Power BI, Exchange, SharePoint, Microsoft Teams, Microsoft 365 Security and Compliance, Microsoft Viva, and Microsoft 365 Copilot; and Microsoft 365 Commercial products, comprising Windows Commercial on-premises and Office licensed on-premises. • Microsoft 365 Consumer products and cloud services, including Microsoft 365 Consumer subscriptions, Office licensed on-premises, and other consumer services. • LinkedIn, including Talent Solutions, Marketing Solutions, Premium Subscriptions, and Sales Solutions. • Dynamics products and cloud services, including Dynamics 365, comprising a set of intelligent, cloud-based applications across ERP, CRM, Power Apps, and Power Automate; and on-premises ERP and CRM applications. Intelligent Cloud Our Intelligent Cloud segment consists of our public, private, and hybrid server products and cloud services that can power modern business and developers. This segment primarily comprises: • Server products and cloud services, including Azure and other cloud services, comprising cloud and AI consumption-based services, GitHub cloud services, Nuance Healthcare cloud services, virtual desktop offerings, and other cloud services; and Server products, comprising SQL Server, Windows Server, Visual Studio, System Center, related Client Access Licenses (“CALs”), and other on-premises offerings. • Enterprise and partner services, including Enterprise Support Services, Industry Solutions, Nuance professional services, Microsoft Partner Network, and Learning Experience. More Personal Computing Our More Personal Computing segment consists of products and services that put customers at the center of the experience with our technology. This segment primarily comprises: • Windows and Devices, including Windows, comprising Windows OEM licensing (Windows Pro and non-Pro licenses sold through the OEM channel), Windows Internet of Things, and patent licensing; and Devices, comprising Surface, HoloLens, and PC accessories. • Gaming, including Xbox hardware and Xbox content and services, comprising first- and third-party content (including games and in-game content), Xbox Game Pass and other subscriptions, Xbox Cloud Gaming, advertising, third-party disc royalties, and other cloud services. • Search and news advertising, comprising Bing (including Copilot), Microsoft News, Microsoft Edge, and third-party affiliates. Revenue and costs are generally directly attributed to our segments. However, due to the integrated structure of our business, certain revenue recognized and costs incurred by one segment may benefit other segments. Revenue from certain contracts is allocated among the segments based on the relative value of the underlying products and services, which can include allocation based on actual prices charged, prices when sold separately, or estimated costs plus a profit margin. Cost of revenue is allocated in certain cases based on a relative revenue methodology. Operating expenses that are allocated primarily include those relating to marketing of products and services from which multiple segments benefit and are generally allocated based on relative gross margin. In addition, certain costs are incurred at a corporate level and allocated to our segments. These allocated costs generally include legal, including settlements and fines, information technology, human resources, finance, excise taxes, field selling, shared facilities services, customer service and support, and severance incurred as part of a corporate program. Each allocation is measured differently based on the specific facts and circumstances of the costs being allocated and is generally based on relative gross margin or relative headcount. Segment revenue and operating income were as follows during the periods presented: (In millions) Three Months Ended September 30, 2024 2023 Revenue Productivity and Business Processes $ 28,317 $ 25,226 Intelligent Cloud 24,092 20,013 More Personal Computing 13,176 11,278 Total $ 65,585 $ 56,517 Operating Income Productivity and Business Processes $ 16,516 $ 14,297 Intelligent Cloud 10,503 8,908 More Personal Computing 3,533 3,690 Total $ 30,552 $ 26,895 No sales to an individual customer or country other than the United States accounted for more than 10% of revenue for the three months ended September 30, 2024 or 2023. Revenue, classified by the major geographic areas in which our customers were located, was as follows: (In millions) Three Months Ended September 30, 2024 2023 United States (a) $ 33,913 $ 28,812 Other countries 31,672 27,705 Total $ 65,585 $ 56,517 (a) Includes billings to OEMs and certain multinational organizations because of the nature of these businesses and the impracticability of determining the geographic source of the revenue. Revenue, classified by significant product and service offerings, was as follows: (In millions) Three Months Ended September 30, 2024 2023 Server products and cloud services $ 22,155 $ 18,062 Microsoft 365 Commercial products and cloud services 20,449 18,044 Gaming 5,621 3,919 Windows and Devices 4,329 4,340 LinkedIn 4,292 3,913 Search and news advertising 3,225 3,018 Enterprise and partner services 1,928 1,944 Dynamics products and cloud services 1,849 1,626 Microsoft 365 Consumer products and cloud services 1,727 1,643 Other 10 8 Total $ 65,585 $ 56,517 Our Microsoft Cloud revenue, which includes Microsoft 365 Commercial cloud, Azure and other cloud services, the commercial portion of LinkedIn, and Dynamics 365, was $ 38.9 billion and $ 31.9 billion for the three months ended September 30, 2024 and 2023, respectively. These amounts are primarily included in Microsoft 365 Commercial products and cloud services, Server products and cloud services, LinkedIn, and Dynamics products and cloud services in the table above. Assets are not allocated to segments for internal reporting presentations. A portion of amortization and depreciation is included with various other costs in an overhead allocation to each segment. It is impracticable for us to separately identify the amount of amortization and depreciation by segment that is included in the measure of segment profit or loss.

ACCOUNTING POLICIES (Policies)

ACCOUNTING POLICIES (Policies)	3 Months Ended
ACCOUNTING POLICIES (Policies)	Sep. 30, 2024
Accounting Policies [Abstract]
Accounting Principles	Accounting Principles Our unaudited interim consolidated financial statements and accompanying notes are prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”). In the opinion of management, the unaudited interim consolidated financial statements reflect all adjustments of a normal recurring nature that are necessary for a fair presentation of the results for the interim periods presented. Interim results are not necessarily indicative of results for a full year. The information included in this Form 10-Q should be read in conjunction with information included in the Microsoft Corporation fiscal year 2024 Form 10-K filed with the U.S. Securities and Exchange Commission on July 30, 2024.
Principles of Consolidation	Principles of Consolidation The consolidated financial statements include the accounts of Microsoft Corporation and its subsidiaries. Intercompany transactions and balances have been eliminated.
Recast of Certain Prior Period Information	Recast of Certain Prior Period Information In August 2024, we announced changes to the composition of our segments. These changes align our segments with how we currently manage our business, 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. Prior period segment information has been recast to conform to the way we internally manage and monitor our business during fiscal year 2025. These changes impacted Note 8 – Goodwill, Note 12 – Unearned Revenue, and Note 17 – Segment Information and Geographic Data. The recast of prior period information had no impact on our consolidated balance sheets, consolidated income statements, or consolidated cash flows statements.
Estimates and Assumptions	Estimates and Assumptions Preparing financial statements requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenue, and expenses. Examples of estimates and assumptions include: for revenue recognition, determining the nature and timing of satisfaction of performance obligations, and determining the standalone selling price of performance obligations, variable consideration, and other obligations such as product returns and refunds; loss contingencies; product warranties; the fair value of and/or potential impairment of goodwill and intangible assets for our reporting units; product life cycles; useful lives of our tangible and intangible assets; allowances for doubtful accounts; the market value of, and demand for, our inventory; stock-based compensation forfeiture rates; when technological feasibility is achieved for our products; the potential outcome of uncertain tax positions that have been recognized in our consolidated financial statements or tax returns; and determining the timing and amount of impairments for investments. Actual results and outcomes may differ from management’s estimates and assumptions due to risks and uncertainties.
Investments	Investments We consider all highly liquid interest-earning investments with a maturity of three months or less at the date of purchase to be cash equivalents. The fair values of these investments approximate their carrying values. In general, investments with original maturities of greater than three months and remaining maturities of less than one year are classified as short-term investments. Investments with maturities beyond one year may be classified as short-term based on their highly liquid nature and because such marketable securities represent the investment of cash that is available for current operations. Debt investments are classified as available-for-sale and realized gains and losses are recorded using the specific identification method. Changes in fair value, excluding credit losses and impairments, are recorded in other comprehensive income. Fair value is calculated based on publicly available market information or other estimates determined by management. If the cost of an investment exceeds its fair value, we evaluate, among other factors, general market conditions, credit quality of debt instrument issuers, and the extent to which the fair value is less than cost. To determine credit losses, we employ a systematic methodology that considers available quantitative and qualitative evidence. In addition, we consider specific adverse conditions related to the financial health of, and business outlook for, the investee. If we have plans to sell the security or it is more likely than not that we will be required to sell the security before recovery, then a decline in fair value below cost is recorded as an impairment charge in other income (expense), net and a new cost basis in the investment is established. If market, industry, and/or investee conditions deteriorate, we may incur future impairments. Equity investments with readily determinable fair values are measured at fair value. Equity investments without readily determinable fair values are measured using the equity method or measured at cost with adjustments for observable changes in price or impairments (referred to as the measurement alternative). We perform a qualitative assessment on a periodic basis and recognize an impairment if there are sufficient indicators that the fair value of the investment is less than carrying value. Changes in value are recorded in other income (expense), net. Investments that are considered variable interest entities (“VIEs”) are evaluated to determine whether we are the primary beneficiary of the VIE, in which case we would be required to consolidate the entity. We evaluate whether we have (1) the power to direct the activities that most significantly impact the VIE’s economic performance, and (2) the obligation to absorb losses or the right to receive benefits from the VIE that could potentially be significant to the VIE. We have determined we are not the primary beneficiary of any of our VIE investments. Therefore, our VIE investments are not consolidated and the majority are accounted for under the equity method of accounting. We have an investment in OpenAI Global, LLC (“OpenAI”) and have made total funding commitments of $ 13 billion. The investment is accounted for under the equity method of accounting.
Derivatives	Derivatives Derivative instruments are recognized as either assets or liabilities and measured at fair value. The accounting for changes in the fair value of a derivative depends on the intended use of the derivative and the resulting designation. For derivative instruments designated as fair value hedges, gains and losses are recognized in other income (expense), net with offsetting gains and losses on the hedged items. Gains and losses representing hedge components excluded from the assessment of effectiveness are recognized in other income (expense), net. For derivative instruments designated as cash flow hedges, gains and losses are initially reported as a component of other comprehensive income and subsequently recognized in other income (expense), net with the corresponding hedged item. Gains and losses representing hedge components excluded from the assessment of effectiveness are recognized in other income (expense), net. For derivative instruments that are not designated as hedges, gains and losses from changes in fair values are primarily recognized in other income (expense), net.
Fair Value Measurements	Fair Value Measurements We account for certain assets and liabilities at fair value. The hierarchy below lists three levels of fair value based on the extent to which inputs used in measuring fair value are observable in the market. We categorize each of our fair value measurements in one of these three levels based on the lowest level input that is significant to the fair value measurement in its entirety. These levels are: • Level 1 – inputs are based upon unadjusted quoted prices for identical instruments in active markets. Our Level 1 investments include U.S. government securities, common and preferred stock, and mutual funds. Our Level 1 derivative assets and liabilities include those actively traded on exchanges. • Level 2 – inputs are based upon quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-based valuation techniques (e.g. the Black-Scholes model) for which all significant inputs are observable in the market or can be corroborated by observable market data for substantially the full term of the assets or liabilities. Where applicable, these models project future cash flows and discount the future amounts to a present value using market-based observable inputs including interest rate curves, credit spreads, foreign exchange rates, and forward and spot prices for currencies. Our Level 2 investments include commercial paper, certificates of deposit, U.S. agency securities, foreign government bonds, mortgage- and asset-backed securities, corporate notes and bonds, and municipal securities. Our Level 2 derivative assets and liabilities include certain cleared swap contracts and over-the-counter forward, option, and swap contracts. • Level 3 – inputs are generally unobservable and typically reflect management’s estimates of assumptions that market participants would use in pricing the asset or liability. The fair values are therefore determined using model-based techniques, including option pricing models and discounted cash flow models. Our Level 3 assets and liabilities include investments in corporate notes and bonds, municipal securities, and goodwill and intangible assets, when they are recorded at fair value due to an impairment charge. Unobservable inputs used in the models are significant to the fair values of the assets and liabilities. We measure equity investments without readily determinable fair values on a nonrecurring basis. The fair values of these investments are determined based on valuation techniques using the best information available, and may include quoted market prices, market comparables, and discounted cash flow projections. Our other current financial assets and current financial liabilities have fair values that approximate their carrying values.
Contract Balances and Other Receivables	Contract Balances and Other Receivables As of September 30, 2024 and June 30, 2024, long-term accounts receivable, net of allowance for doubtful accounts, was $ 4.8 billion and $ 4.9 billion, respectively, and is included in other long-term assets in our consolidated balance sheets. As of September 30, 2024 and June 30, 2024, other receivables related to activities to facilitate the purchase of server components were $ 11.4 billion and $ 10.5 billion, respectively, and are included in other current assets in our consolidated balance sheets. We record financing receivables when we offer certain of our customers the option to acquire our software products and services offerings through a financing program in a limited number of countries. As of September 30, 2024 and June 30, 2024, our financing receivables, net were $ 4.3 billion and $ 4.5 billion, respectively, for short-term and long-term financing receivables, which are included in other current assets and other long-term assets in our consolidated balance sheets. We record an allowance to cover expected losses based on troubled accounts, historical experience, and other currently available evidence.
Related Party Transactions	Related Party Transactions In March 2024, we entered into an agreement with Inflection AI, Inc. (“Inflection”), pursuant to which we obtained a non-exclusive license to Inflection’s intellectual property. Reid Hoffman, a member of our Board of Directors, is a co-founder of and serves on the board of directors of Inflection. As of the date of the agreement with Inflection, Reprogrammed Interchange LLC (“Reprogrammed”) and entities affiliated with Greylock Ventures (“Greylock”) each held less than a 10 % equity interest in Inflection. Mr. Hoffman may be deemed to beneficially own the shares held by Reprogrammed and Greylock by virtue of his relationship with such entities. Mr. Hoffman did not participate in any portions of the meetings of our Board of Directors or any committee thereof to review and approve the transaction with Inflection.
Earnings Per Share	Basic earnings per share (“EPS”) is computed based on the weighted average number of shares of common stock outstanding during the period. Diluted EPS is computed based on the weighted average number of shares of common stock plus the effect of dilutive potential common shares outstanding during the period using the treasury stock method. Dilutive potential common shares include outstanding stock options and stock awards.
Segment Reporting	Revenue and costs are generally directly attributed to our segments. However, due to the integrated structure of our business, certain revenue recognized and costs incurred by one segment may benefit other segments. Revenue from certain contracts is allocated among the segments based on the relative value of the underlying products and services, which can include allocation based on actual prices charged, prices when sold separately, or estimated costs plus a profit margin. Cost of revenue is allocated in certain cases based on a relative revenue methodology. Operating expenses that are allocated primarily include those relating to marketing of products and services from which multiple segments benefit and are generally allocated based on relative gross margin. In addition, certain costs are incurred at a corporate level and allocated to our segments. These allocated costs generally include legal, including settlements and fines, information technology, human resources, finance, excise taxes, field selling, shared facilities services, customer service and support, and severance incurred as part of a corporate program. Each allocation is measured differently based on the specific facts and circumstances of the costs being allocated and is generally based on relative gross margin or relative headcount. Assets are not allocated to segments for internal reporting presentations. A portion of amortization and depreciation is included with various other costs in an overhead allocation to each segment. It is impracticable for us to separately identify the amount of amortization and depreciation by segment that is included in the measure of segment profit or loss.
Recent Accounting Guidance	Recent Accounting Guidance Segment Reporting – Improvements to Reportable Segment Disclosures In November 2023, the Financial Accounting Standards Board (“FASB”) issued a new standard to improve reportable segment disclosures. The guidance expands the disclosures required for reportable segments in our annual and interim consolidated financial statements, primarily through enhanced disclosures about significant segment expenses. The standard will be effective for us beginning with our annual reporting for fiscal year 2025 and interim periods thereafter, with early adoption permitted. We are currently evaluating the impact of this standard on our segment disclosures. Income Taxes – Improvements to Income Tax Disclosures In December 2023, the FASB issued a new standard to improve income tax disclosures. The guidance requires disclosure of disaggregated income taxes paid, prescribes standardized categories for the components of the effective tax rate reconciliation, and modifies other income tax-related disclosures. The standard will be effective for us beginning with our annual reporting for fiscal year 2026, with early adoption permitted. We are currently evaluating the impact of this standard on our income tax disclosures.

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	3 Months Ended
EARNINGS PER SHARE (Tables)	Sep. 30, 2024
Earnings Per Share [Abstract]
Basic and Diluted Earnings Per Share	The components of basic and diluted EPS were as follows: (In millions, except earnings per share) Three Months Ended September 30, 2024 2023 Net income available for common shareholders (A) $ 24,667 $ 22,291 Weighted average outstanding shares of common stock (B) 7,433 7,429 Dilutive effect of stock-based awards 37 33 Common stock and common stock equivalents (C) 7,470 7,462 Earnings Per Share Basic (A/B) $ 3.32 $ 3.00 Diluted (A/C) $ 3.30 $ 2.99

OTHER INCOME (EXPENSE), NET (Ta

OTHER INCOME (EXPENSE), NET (Tables)	3 Months Ended
OTHER INCOME (EXPENSE), NET (Tables)	Sep. 30, 2024
Components of Other Income (Expense), Net	The components of other income (expense), net were as follows: (In millions) Three Months Ended September 30, 2024 2023 Interest and dividends income $ 681 $ 1,166 Interest expense ( 582 ) ( 525 ) Net recognized gains (losses) on investments 463 ( 107 ) Net gains (losses) on derivatives ( 338 ) 93 Net gains (losses) on foreign currency remeasurements 176 ( 101 ) Other, net ( 683 ) ( 137 ) Total $ ( 283 ) $ 389
Debt Securities
Net Recognized Gains (Losses) on Investments	Net recognized gains (losses) on debt investments were as follows: (In millions) Three Months Ended September 30, 2024 2023 Realized gains from sales of available-for-sale securities $ 8 $ 2 Realized losses from sales of available-for-sale securities ( 15 ) ( 25 ) Impairments and allowance for credit losses 12 ( 6 ) Total $ 5 $ ( 29 )
Equity Securities
Net Recognized Gains (Losses) on Investments	Net recognized gains (losses) on equity investments were as follows: (In millions) Three Months Ended September 30, 2024 2023 Net realized gains on investments sold $ 65 $ 45 Net unrealized gains (losses) on investments still held 412 ( 123 ) Impairments of investments ( 19 ) 0 Total $ 458 $ ( 78 )

INVESTMENTS (Tables)

INVESTMENTS (Tables)	3 Months Ended
INVESTMENTS (Tables)	Sep. 30, 2024
Investments, Debt and Equity Securities [Abstract]
Investment Components	The components of investments were as follows: (In millions) Fair Value Level Adjusted Cost Basis Unrealized Gains Unrealized Losses Recorded Basis Cash and Cash Equivalents Short-term Investments Equity and Other Investments September 30, 2024 Changes in Fair Value Recorded in Other Comprehensive Income Commercial paper Level 2 $ 6,513 $ 0 $ 0 $ 6,513 $ 6,513 $ 0 $ 0 Certificates of deposit Level 2 2,899 0 0 2,899 2,855 44 0 U.S. government securities Level 1 48,764 16 ( 1,828 ) 46,952 0 46,952 0 U.S. agency securities Level 2 17 0 0 17 0 17 0 Foreign government bonds Level 2 288 8 ( 9 ) 287 0 287 0 Mortgage- and asset-backed securities Level 2 937 10 ( 22 ) 925 0 925 0 Corporate notes and bonds Level 2 8,932 114 ( 166 ) 8,880 0 8,880 0 Corporate notes and bonds Level 3 1,639 0 ( 1 ) 1,638 0 138 1,500 Municipal securities Level 2 263 2 ( 8 ) 257 0 257 0 Municipal securities Level 3 104 0 ( 15 ) 89 0 89 0 Total debt investments $ 70,356 $ 150 $ ( 2,049 ) $ 68,457 $ 9,368 $ 57,589 $ 1,500 Changes in Fair Value Recorded in Net Income Equity investments Level 1 $ 4,252 $ 884 $ 0 $ 3,368 Equity investments Other 10,910 0 0 10,910 Total equity investments $ 15,162 $ 884 $ 0 $ 14,278 Cash $ 10,588 $ 10,588 $ 0 $ 0 Derivatives, net (a) ( 1 ) 0 ( 1 ) 0 Total $ 94,206 $ 20,840 $ 57,588 $ 15,778 (In millions) Fair Value Level Adjusted Cost Basis Unrealized Gains Unrealized Losses Recorded Basis Cash and Cash Equivalents Short-term Investments Equity and Other Investments June 30, 2024 Changes in Fair Value Recorded in Other Comprehensive Income Commercial paper Level 2 $ 4,666 $ 0 $ 0 $ 4,666 $ 4,666 $ 0 $ 0 Certificates of deposit Level 2 1,547 0 0 1,547 1,503 44 0 U.S. government securities Level 1 49,603 4 ( 2,948 ) 46,659 14 46,645 0 U.S. agency securities Level 2 17 0 0 17 0 17 0 Foreign government bonds Level 2 319 3 ( 16 ) 306 0 306 0 Mortgage- and asset-backed securities Level 2 944 3 ( 35 ) 912 0 912 0 Corporate notes and bonds Level 2 9,106 28 ( 318 ) 8,816 0 8,816 0 Corporate notes and bonds Level 3 1,641 0 ( 1 ) 1,640 0 140 1,500 Municipal securities Level 2 262 0 ( 13 ) 249 0 249 0 Municipal securities Level 3 104 0 ( 17 ) 87 0 87 0 Total debt investments $ 68,209 $ 38 $ ( 3,348 ) $ 64,899 $ 6,183 $ 57,216 $ 1,500 Changes in Fair Value Recorded in Net Income Equity investments Level 1 $ 3,547 $ 561 $ 0 $ 2,986 Equity investments Other 10,114 0 0 10,114 Total equity investments $ 13,661 $ 561 $ 0 $ 13,100 Cash $ 11,571 $ 11,571 $ 0 $ 0 Derivatives, net (a) 12 0 12 0 Total $ 90,143 $ 18,315 $ 57,228 $ 14,600 (a) Refer to Note 5 – Derivatives for further information on the fair value of our derivative instruments.
Unrealized Losses on Debt Investments	Debt investments with continuous unrealized losses for less than 12 months and 12 months or greater and their related fair values were as follows: Less than 12 Months 12 Months or Greater Total (In millions) Fair Value Unrealized Fair Value Unrealized Total September 30, 2024 U.S. government and agency securities $ 146 $ ( 2 ) $ 46,240 $ ( 1,826 ) $ 46,386 $ ( 1,828 ) Foreign government bonds 12 ( 1 ) 144 ( 8 ) 156 ( 9 ) Mortgage- and asset-backed securities 0 0 287 ( 22 ) 287 ( 22 ) Corporate notes and bonds 134 ( 1 ) 4,963 ( 166 ) 5,097 ( 167 ) Municipal securities 0 0 242 ( 23 ) 242 ( 23 ) Total $ 292 $ ( 4 ) $ 51,876 $ ( 2,045 ) $ 52,168 $ ( 2,049 ) Less than 12 Months 12 Months or Greater Total (In millions) Fair Value Unrealized Fair Value Unrealized Total June 30, 2024 U.S. government and agency securities $ 529 $ ( 12 ) $ 45,821 $ ( 2,936 ) $ 46,350 $ ( 2,948 ) Foreign government bonds 79 ( 2 ) 180 ( 14 ) 259 ( 16 ) Mortgage- and asset-backed securities 201 ( 1 ) 409 ( 34 ) 610 ( 35 ) Corporate notes and bonds 1,310 ( 9 ) 5,779 ( 310 ) 7,089 ( 319 ) Municipal securities 38 ( 1 ) 243 ( 29 ) 281 ( 30 ) Total $ 2,157 $ ( 25 ) $ 52,432 $ ( 3,323 ) $ 54,589 $ ( 3,348 )
Debt Investment Maturities	Debt Investment Maturities The following table outlines maturities of our debt investments as of September 30, 2024: (In millions) Adjusted Cost Basis Estimated Fair Value September 30, 2024 Due in one year or less $ 24,446 $ 24,331 Due after one year through five years 37,153 35,927 Due after five years through 10 years 7,338 6,865 Due after 10 years 1,419 1,334 Total $ 70,356 $ 68,457

DERIVATIVES (Tables)

DERIVATIVES (Tables)	3 Months Ended
DERIVATIVES (Tables)	Sep. 30, 2024
Notional Amounts of Outstanding Derivative Instruments Measured in U.S. Dollar Equivalents	The following table presents the notional amounts of our outstanding derivative instruments measured in U.S. dollar equivalents: (In millions) September 30, 2024 June 30, 2024 Designated as Hedging Instruments Foreign exchange contracts purchased $ 1,492 $ 1,492 Interest rate contracts purchased 1,144 1,100 Not Designated as Hedging Instruments Foreign exchange contracts purchased 8,438 7,167 Foreign exchange contracts sold 22,559 31,793 Equity contracts purchased 4,290 4,016 Equity contracts sold 2,165 2,165 Other contracts purchased 2,829 2,113 Other contracts sold 1,121 811
Fair Values of Derivative Instruments	The following table presents our derivative instruments: (In millions) Derivative Assets Derivative Liabilities Derivative Assets Derivative Liabilities September 30, 2024 June 30, 2024 Designated as Hedging Instruments Foreign exchange contracts $ 50 $ ( 65 ) $ 24 $ ( 76 ) Interest rate contracts 5 0 19 0 Not Designated as Hedging Instruments Foreign exchange contracts 189 ( 615 ) 213 ( 230 ) Equity contracts 68 ( 804 ) 63 ( 491 ) Other contracts 6 ( 6 ) 12 ( 3 ) Gross amounts of derivatives 318 ( 1,490 ) 331 ( 800 ) Gross amounts of derivatives offset in the balance sheets ( 196 ) 198 ( 151 ) 152 Cash collateral received 0 ( 18 ) 0 ( 104 ) Net amounts of derivatives $ 122 $ ( 1,310 ) $ 180 $ ( 752 ) Reported as Short-term investments $ ( 1 ) $ 0 $ 12 $ 0 Other current assets 118 0 149 0 Other long-term assets 5 0 19 0 Other current liabilities 0 ( 900 ) 0 ( 401 ) Other long-term liabilities 0 ( 410 ) 0 ( 351 ) Total $ 122 $ ( 1,310 ) $ 180 $ ( 752 ) The following table presents the fair value of our derivatives instruments on a gross basis: (In millions) Level 1 Level 2 Level 3 Total September 30, 2024 Derivative assets $ 0 $ 313 $ 5 $ 318 Derivative liabilities ( 1 ) ( 1,489 ) 0 ( 1,490 ) June 30, 2024 Derivative assets 0 327 4 331 Derivative liabilities ( 1 ) ( 799 ) 0 ( 800 )
Gains (Losses) on Derivative Instruments	Gains (losses) on derivative instruments recognized in other income (expense), net were as follows: (In millions) Three Months Ended September 30, 2024 2023 Designated as Fair Value Hedging Instruments Interest rate contracts Derivatives $ 20 $ ( 16 ) Hedged items ( 32 ) 3 Designated as Cash Flow Hedging Instruments Foreign exchange contracts Amount reclassified from accumulated other comprehensive loss 49 ( 46 ) Not Designated as Hedging Instruments Foreign exchange contracts ( 383 ) 206 Equity contracts ( 348 ) 113 Other contracts 24 ( 33 )
Cash Flow Hedges \| Other Comprehensive Income (Loss)
Gains (Losses) on Derivative Instruments	Gains (losses), net of tax, on derivative instruments recognized in our consolidated comprehensive income statements were as follows: (In millions) Three Months Ended September 30, 2024 2023 Designated as Cash Flow Hedging Instruments Foreign exchange contracts Included in effectiveness assessment $ 29 $ ( 15 )

INVENTORIES (Tables)

INVENTORIES (Tables)	3 Months Ended
INVENTORIES (Tables)	Sep. 30, 2024
Inventory Disclosure [Abstract]
Components of Inventories	The components of inventories were as follows: (In millions) September 30, 2024 June 30, 2024 Raw materials $ 488 $ 394 Work in process 11 7 Finished goods 1,127 845 Total $ 1,626 $ 1,246

BUSINESS COMBINATIONS (Tables)

BUSINESS COMBINATIONS (Tables) - Activision Blizzard, Inc.	3 Months Ended
BUSINESS COMBINATIONS (Tables) - Activision Blizzard, Inc.	Sep. 30, 2024
Major Classes of Assets and Liabilities Allocated Purchase Price	The major classes of assets and liabilities to which we have allocated the purchase price were as follows: (In millions) Cash and cash equivalents $ 12,976 Goodwill 51,001 Intangible assets 21,969 Other assets 2,503 Long-term debt ( 2,799 ) Long-term income taxes ( 1,946 ) Deferred income taxes ( 4,676 ) Other liabilities ( 3,620 ) Total purchase price $ 75,408
Acquired Intangible Assets	Following are the details of the purchase price allocated to the intangible assets acquired: (In millions, except average life) Amount Weighted Average Life Marketing-related $ 11,619 24 years Technology-based 9,689 4 years Customer-related 661 4 years Fair value of intangible assets acquired $ 21,969 15 years
Supplemental Consolidated Financial Results on Unaudited Pro Forma Basis	Following are the supplemental consolidated financial results of Microsoft Corporation on an unaudited pro forma basis, as if the acquisition had been consummated on July 1, 2022: (In millions, except per share amounts) Three Months Ended September 30, 2023 Revenue $ 58,561 Net income 22,314 Diluted earnings per share 2.99

GOODWILL (Tables)

GOODWILL (Tables)	3 Months Ended
GOODWILL (Tables)	Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Carrying Amount of Goodwill	Changes in the carrying amount of goodwill were as follows: (In millions) June 30, 2024 Acquisitions Other September 30, 2024 Productivity and Business Processes $ 31,361 $ 0 $ 44 $ 31,405 Intelligent Cloud 25,648 0 22 25,670 More Personal Computing 62,211 0 88 62,299 Total $ 119,220 $ 0 $ 154 $ 119,374

INTANGIBLE ASSETS (Tables)

INTANGIBLE ASSETS (Tables)	3 Months Ended
INTANGIBLE ASSETS (Tables)	Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Finite-Lived Intangible Assets	The components of intangible assets, all of which are finite-lived, were as follows: (In millions) Gross Accumulated Net Gross Accumulated Net Carrying Amount September 30, 2024 June 30, 2024 Marketing-related $ 16,490 $ ( 3,296 ) $ 13,194 $ 16,500 $ ( 3,101 ) $ 13,399 Technology-based 22,426 ( 11,709 ) 10,717 21,913 ( 10,741 ) 11,172 Customer-related 6,039 ( 3,261 ) 2,778 6,038 ( 3,051 ) 2,987 Contract-based 81 ( 19 ) 62 58 ( 19 ) 39 Total $ 45,036 $ ( 18,285 ) $ 26,751 $ 44,509 $ ( 16,912 ) $ 27,597
Estimated Future Amortization Expense Related to Intangible Assets	The following table outlines the estimated future amortization expense related to intangible assets held as of September 30, 2024: (In millions) Year Ending June 30, 2025 (excluding the three months ended September 30, 2024) $ 4,563 2026 4,538 2027 2,847 2028 1,961 2029 1,780 Thereafter 11,062 Total $ 26,751

DEBT (Tables)

DEBT (Tables)	3 Months Ended
DEBT (Tables)	Sep. 30, 2024
Debt Disclosure [Abstract]
Components of Long-term Debt	The components of long-term debt were as follows: (In millions, issuance by calendar year) Maturities (calendar year) Stated Interest Rate Effective Interest Rate September 30, 2024 June 30, 2024 2009 issuance of $ 3.8 billion 2039 5.20 % 5.24 % $ 520 $ 520 2010 issuance of $ 4.8 billion 2040 4.50 % 4.57 % 486 486 2011 issuance of $ 2.3 billion 2041 5.30 % 5.36 % 718 718 2012 issuance of $ 2.3 billion 2042 3.50 % 3.57 % 454 454 2013 issuance of $ 5.2 billion 2043 3.75 % – 4.88 % 3.83 % – 4.92 % 314 314 2013 issuance of € 4.1 billion 2028 – 2033 2.63 % – 3.13 % 2.69 % – 3.22 % 2,567 2,465 2015 issuance of $ 23.8 billion 2025 – 2055 2.70 % – 4.75 % 2.77 % – 4.78 % 9,805 9,805 2016 issuance of $ 19.8 billion 2026 – 2056 2.40 % – 3.95 % 2.46 % – 4.03 % 7,930 7,930 2017 issuance of $ 17.1 billion 2026 – 2057 3.30 % – 4.50 % 3.38 % – 5.49 % 6,833 6,833 2020 issuance of $ 10.1 billion 2030 – 2060 1.35 % – 2.68 % 2.53 % – 5.43 % 10,111 10,111 2021 issuance of $ 8.2 billion 2052 – 2062 2.92 % – 3.04 % 2.92 % – 3.04 % 8,185 8,185 2023 issuance of $ 0.1 billion 2026 – 2050 1.35 % – 4.50 % 5.16 % – 5.49 % 56 56 2024 issuance of $ 3.3 billion 2026 – 2050 1.35 % – 4.50 % 5.16 % – 5.49 % 3,344 3,344 Total face value 51,323 51,221 Unamortized discount and issuance costs ( 1,209 ) ( 1,227 ) Hedge fair value adjustments (a) ( 49 ) ( 81 ) Premium on debt exchange ( 4,948 ) ( 4,976 ) Total debt 45,117 44,937 Current portion of long-term debt ( 2,249 ) ( 2,249 ) Long-term debt $ 42,868 $ 42,688 (a) Refer to Note 5 – Derivatives for further information on the interest rate swaps related to fixed-rate debt.
Maturities of Long-term Debt Including Current Portion	The following table outlines maturities of our long-term debt, including the current portion, as of September 30, 2024: (In millions) Year Ending June 30, 2025 (excluding the three months ended September 30, 2024) $ 2,250 2026 3,000 2027 9,250 2028 0 2029 1,953 Thereafter 34,870 Total $ 51,323

UNEARNED REVENUE (Tables)

UNEARNED REVENUE (Tables)	3 Months Ended
UNEARNED REVENUE (Tables)	Sep. 30, 2024
Revenue from Contract with Customer [Abstract]
Unearned Revenue by Segment	Unearned revenue by segment was as follows: (In millions) September 30, 2024 June 30, Productivity and Business Processes $ 40,429 $ 43,599 Intelligent Cloud 12,397 13,683 More Personal Computing 2,863 2,902 Total $ 55,689 $ 60,184
Changes in Unearned Revenue	Changes in unearned revenue were as follows: (In millions) Three Months Ended September 30, 2024 Balance, beginning of period $ 60,184 Deferral of revenue 37,642 Recognition of unearned revenue ( 42,137 ) Balance, end of period $ 55,689

LEASES (Tables)

LEASES (Tables)	3 Months Ended
LEASES (Tables)	Sep. 30, 2024
Leases [Abstract]
Components of Lease Expense	The components of lease expense were as follows: (In millions) Three Months Ended September 30, 2024 2023 Operating lease cost $ 1,161 $ 775 Finance lease cost: Amortization of right-of-use assets $ 696 $ 380 Interest on lease liabilities 275 149 Total finance lease cost $ 971 $ 529
Supplemental Cash Flow Information Related to Leases	Supplemental cash flow information related to leases was as follows: (In millions) Three Months Ended September 30, 2024 2023 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 1,207 $ 795 Operating cash flows from finance leases 275 149 Financing cash flows from finance leases 802 285 Right-of-use assets obtained in exchange for lease obligations: Operating leases 1,892 1,804 Finance leases 4,332 1,704
Supplemental Balance Sheet Information Related to Leases	Supplemental balance sheet information related to leases was as follows: (In millions, except lease term and discount rate) September 30, 2024 June 30, 2024 Operating Leases Operating lease right-of-use assets $ 20,528 $ 18,961 Other current liabilities $ 4,009 $ 3,580 Operating lease liabilities 16,361 15,497 Total operating lease liabilities $ 20,370 $ 19,077 Finance Leases Property and equipment, at cost $ 37,186 $ 32,248 Accumulated depreciation ( 7,070 ) ( 6,386 ) Property and equipment, net $ 30,116 $ 25,862 Other current liabilities $ 2,504 $ 2,349 Other long-term liabilities 28,847 24,796 Total finance lease liabilities $ 31,351 $ 27,145 Weighted Average Remaining Lease Term Operating leases 7 years 7 years Finance leases 12 years 12 years Weighted Average Discount Rate Operating leases 3.4 % 3.3 % Finance leases 4.0 % 3.9 %
Maturities of Lease Liabilities	The following table outlines maturities of our lease liabilities as of September 30, 2024: (In millions) Year Ending June 30, Operating Leases Finance Leases 2025 (excluding the three months ended September 30, 2024) $ 3,386 $ 2,742 2026 4,122 3,697 2027 3,411 3,720 2028 2,754 3,706 2029 2,124 3,099 Thereafter 7,174 22,745 Total lease payments 22,971 39,709 Less imputed interest ( 2,601 ) ( 8,358 ) Total $ 20,370 $ 31,351

STOCKHOLDERS' EQUITY (Tables)

STOCKHOLDERS' EQUITY (Tables)	3 Months Ended
STOCKHOLDERS' EQUITY (Tables)	Sep. 30, 2024
Equity [Abstract]
Share Repurchases	We repurchased the following shares of common stock under the share repurchase program: (In millions) Shares Amount Shares Amount Fiscal Year 2025 2024 First Quarter 7 $ 2,800 11 $ 3,560
Dividends Declared	Our Board of Directors declared the following dividends: Declaration Date Record Date Payment Date Dividend Per Share Amount Fiscal Year 2025 (In millions) September 16, 2024 November 21, 2024 December 12, 2024 $ 0.83 $ 6,172 Fiscal Year 2024 September 19, 2023 November 16, 2023 December 14, 2023 $ 0.75 $ 5,574

ACCUMULATED OTHER COMPREHENSI_2

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)	3 Months Ended
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)	Sep. 30, 2024
Equity [Abstract]
Summary of Changes in Accumulated Other Comprehensive Income (Loss) by Component	The following table summarizes the changes in accumulated other comprehensive income (loss) by component: (In millions) Three Months Ended September 30, 2024 2023 Derivatives Balance, beginning of period $ ( 3 ) $ ( 27 ) Unrealized gains (losses), net of tax of $ 7 and $( 4 ) 29 ( 15 ) Reclassification adjustments for (gains) losses included in other income (expense), net ( 49 ) 46 Tax expense (benefit) included in provision for income taxes 10 ( 10 ) Amounts reclassified from accumulated other comprehensive loss ( 39 ) 36 Net change related to derivatives, net of tax of $( 3 ) and $ 6 ( 10 ) 21 Balance, end of period $ ( 13 ) $ ( 6 ) Investments Balance, beginning of period $ ( 2,625 ) $ ( 3,582 ) Unrealized gains (losses), net of tax of $ 297 and $( 75 ) 1,118 ( 283 ) Reclassification adjustments for (gains) losses included in other income (expense), net ( 5 ) 29 Tax expense (benefit) included in provision for income taxes 1 ( 6 ) Amounts reclassified from accumulated other comprehensive loss ( 4 ) 23 Net change related to investments, net of tax of $ 296 and $( 69 ) 1,114 ( 260 ) Balance, end of period $ ( 1,511 ) $ ( 3,842 ) Translation Adjustments and Other Balance, beginning of period $ ( 2,962 ) $ ( 2,734 ) Translation adjustments and other, net of tax of $ 0 and $ 0 304 ( 355 ) Balance, end of period $ ( 2,658 ) $ ( 3,089 ) Accumulated other comprehensive loss, end of period $ ( 4,182 ) $ ( 6,937 )

SEGMENT INFORMATION AND GEOGR_2

SEGMENT INFORMATION AND GEOGRAPHIC DATA (Tables)	3 Months Ended
SEGMENT INFORMATION AND GEOGRAPHIC DATA (Tables)	Sep. 30, 2024
Segment Reporting [Abstract]
Segment Revenue	Segment revenue and operating income were as follows during the periods presented: (In millions) Three Months Ended September 30, 2024 2023 Revenue Productivity and Business Processes $ 28,317 $ 25,226 Intelligent Cloud 24,092 20,013 More Personal Computing 13,176 11,278 Total $ 65,585 $ 56,517 Operating Income Productivity and Business Processes $ 16,516 $ 14,297 Intelligent Cloud 10,503 8,908 More Personal Computing 3,533 3,690 Total $ 30,552 $ 26,895
Segment Operating Income (Loss)	Segment revenue and operating income were as follows during the periods presented: (In millions) Three Months Ended September 30, 2024 2023 Revenue Productivity and Business Processes $ 28,317 $ 25,226 Intelligent Cloud 24,092 20,013 More Personal Computing 13,176 11,278 Total $ 65,585 $ 56,517 Operating Income Productivity and Business Processes $ 16,516 $ 14,297 Intelligent Cloud 10,503 8,908 More Personal Computing 3,533 3,690 Total $ 30,552 $ 26,895
Revenue Classified by Major Geographic Areas	Revenue, classified by the major geographic areas in which our customers were located, was as follows: (In millions) Three Months Ended September 30, 2024 2023 United States (a) $ 33,913 $ 28,812 Other countries 31,672 27,705 Total $ 65,585 $ 56,517 (a) Includes billings to OEMs and certain multinational organizations because of the nature of these businesses and the impracticability of determining the geographic source of the revenue.
Revenue Classified by Significant Product and Service Offerings	Revenue, classified by significant product and service offerings, was as follows: (In millions) Three Months Ended September 30, 2024 2023 Server products and cloud services $ 22,155 $ 18,062 Microsoft 365 Commercial products and cloud services 20,449 18,044 Gaming 5,621 3,919 Windows and Devices 4,329 4,340 LinkedIn 4,292 3,913 Search and news advertising 3,225 3,018 Enterprise and partner services 1,928 1,944 Dynamics products and cloud services 1,849 1,626 Microsoft 365 Consumer products and cloud services 1,727 1,643 Other 10 8 Total $ 65,585 $ 56,517 Our Microsoft Cloud revenue, which includes Microsoft 365 Commercial cloud, Azure and other cloud services, the commercial portion of LinkedIn, and Dynamics 365, was $ 38.9 billion and $ 31.9 billion for the three months ended September 30, 2024 and 2023, respectively. These amounts are primarily included in Microsoft 365 Commercial products and cloud services, Server products and cloud services, LinkedIn, and Dynamics products and cloud services in the table above.

Accounting Policies - Additiona

Accounting Policies - Additional Information (Detail) - USD ($) $ in Billions	Sep. 30, 2024	Jun. 30, 2024
Significant Accounting Policies [Line Items]
Long-term accounts receivable, net of allowance for doubtful accounts	$ 4.8	$ 4.9
Other receivables related to purchase of components	11.4	10.5
Financing receivables, net	4.3	$ 4.5
OpenAI Global, LLC
Significant Accounting Policies [Line Items]
Total funding commitments	$ 13
Maximum \| Reprogrammed Interchange LLC \| Inflection AI, Inc
Significant Accounting Policies [Line Items]
Equity interest percentage	10%
Maximum \| Greylock Ventures \| Inflection AI, Inc
Significant Accounting Policies [Line Items]
Equity interest percentage	10%

Basic and Diluted Earnings Per

Basic and Diluted Earnings Per Share (Detail) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Earning Per Share Basic And Diluted [Abstract]
Net income available for common shareholders (A)	$ 24,667	$ 22,291
Weighted average outstanding shares of common stock (B)	7,433	7,429
Dilutive effect of stock-based awards	37	33
Common stock and common stock equivalents (C)	7,470	7,462
Earnings Per Share
Basic (A/B)	$ 3.32	$ 3
Diluted (A/C)	$ 3.3	$ 2.99

Components of Other Income (Exp

Components of Other Income (Expense), Net (Detail) - USD ($) $ in Millions	3 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Other Income and Expenses [Abstract]
Interest and dividends income	$ 681	$ 1,166
Interest expense	(582)	(525)
Net recognized gains (losses) on investments	463	(107)
Net gains (losses) on derivatives	(338)	93
Net gains (losses) on foreign currency remeasurements	176	(101)
Other, net	(683)	(137)
Total	$ (283)	$ 389

Net Recognized Gains (Losses) o

Net Recognized Gains (Losses) on Debt Investments (Detail) - USD ($) $ in Millions	3 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Schedule Of Gain Loss On Investments Including Marketable Securities And Investments Held At Cost Income Statement Reported Amounts Summary [Line Items]
Realized gains from sales of available-for-sale securities	$ 8	$ 2
Realized losses from sales of available-for-sale securities	(15)	(25)
Total	463	(107)
Debt Securities
Schedule Of Gain Loss On Investments Including Marketable Securities And Investments Held At Cost Income Statement Reported Amounts Summary [Line Items]
Impairments and allowance for credit losses	12	(6)
Total	$ 5	$ (29)

Net Recognized Gains (Losses)_2

Net Recognized Gains (Losses) on Equity Investments (Detail) - USD ($) $ in Millions	3 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Schedule Of Gain Loss On Investments Including Marketable Securities And Investments Held At Cost Income Statement Reported Amounts Summary [Line Items]
Net realized gains on investments sold	$ 65	$ 45
Net unrealized gains (losses) on investments still held	412	(123)
Total	463	(107)
Equity Securities
Schedule Of Gain Loss On Investments Including Marketable Securities And Investments Held At Cost Income Statement Reported Amounts Summary [Line Items]
Impairments of investments	(19)	0
Total	$ 458	$ (78)

Investment Components (Detail)

Investment Components (Detail) - USD ($) $ in Millions		Sep. 30, 2024	Jun. 30, 2024
Cash Cash Equivalents And Investments [Line Items]
Debt investments, Adjusted Cost Basis		$ 70,356
Debt investments, Recorded Basis		68,457
Derivative, net		122	$ 180
Cash and cash equivalents		20,840	18,315
Short-term Investments		57,588	57,228
Equity and other investments		15,778	14,600
Cash, cash equivalents, and investments		94,206	90,143
Equity Securities
Cash Cash Equivalents And Investments [Line Items]
Equity investments, Recorded Basis		15,162	13,661
Cash and cash equivalents		884	561
Short-term Investments		0	0
Equity and other investments		14,278	13,100
Equity Securities \| Other
Cash Cash Equivalents And Investments [Line Items]
Equity investments, Recorded Basis		10,910	10,114
Cash and cash equivalents		0	0
Short-term Investments		0	0
Equity and other investments		10,910	10,114
Equity Securities \| Level 1
Cash Cash Equivalents And Investments [Line Items]
Equity investments, Recorded Basis		4,252	3,547
Cash and cash equivalents		884	561
Short-term Investments		0	0
Equity and other investments		3,368	2,986
Cash
Cash Cash Equivalents And Investments [Line Items]
Cash		10,588	11,571
Cash and cash equivalents		10,588	11,571
Short-term Investments		0	0
Equity and other investments		0	0
Derivatives, net
Cash Cash Equivalents And Investments [Line Items]
Derivative, net	[1]	(1)	12
Cash and cash equivalents	[1]	0	0
Short-term Investments	[1]	(1)	12
Equity and other investments	[1]	0	0
Debt Securities
Cash Cash Equivalents And Investments [Line Items]
Debt investments, Adjusted Cost Basis		70,356	68,209
Debt investments, Unrealized Gains		150	38
Debt investments, Unrealized Losses		(2,049)	(3,348)
Debt investments, Recorded Basis		68,457	64,899
Cash and cash equivalents		9,368	6,183
Short-term Investments		57,589	57,216
Equity and other investments		1,500	1,500
Debt Securities \| Commercial Paper \| Level 2
Cash Cash Equivalents And Investments [Line Items]
Debt investments, Adjusted Cost Basis		6,513	4,666
Debt investments, Unrealized Gains		0	0
Debt investments, Unrealized Losses		0	0
Debt investments, Recorded Basis		6,513	4,666
Cash and cash equivalents		6,513	4,666
Short-term Investments		0	0
Equity and other investments		0	0
Debt Securities \| Certificates of deposit \| Level 2
Cash Cash Equivalents And Investments [Line Items]
Debt investments, Adjusted Cost Basis		2,899	1,547
Debt investments, Unrealized Gains		0	0
Debt investments, Unrealized Losses		0	0
Debt investments, Recorded Basis		2,899	1,547
Cash and cash equivalents		2,855	1,503
Short-term Investments		44	44
Equity and other investments		0	0
Debt Securities \| U.S. government securities \| Level 1
Cash Cash Equivalents And Investments [Line Items]
Debt investments, Adjusted Cost Basis		48,764	49,603
Debt investments, Unrealized Gains		16	4
Debt investments, Unrealized Losses		(1,828)	(2,948)
Debt investments, Recorded Basis		46,952	46,659
Cash and cash equivalents		0	14
Short-term Investments		46,952	46,645
Equity and other investments		0	0
Debt Securities \| U.S. agency securities \| Level 2
Cash Cash Equivalents And Investments [Line Items]
Debt investments, Adjusted Cost Basis		17	17
Debt investments, Unrealized Gains		0	0
Debt investments, Unrealized Losses		0	0
Debt investments, Recorded Basis		17	17
Cash and cash equivalents		0	0
Short-term Investments		17	17
Equity and other investments		0	0
Debt Securities \| Foreign government bonds \| Level 2
Cash Cash Equivalents And Investments [Line Items]
Debt investments, Adjusted Cost Basis		288	319
Debt investments, Unrealized Gains		8	3
Debt investments, Unrealized Losses		(9)	(16)
Debt investments, Recorded Basis		287	306
Cash and cash equivalents		0	0
Short-term Investments		287	306
Equity and other investments		0	0
Debt Securities \| Mortgage- and asset-backed securities \| Level 2
Cash Cash Equivalents And Investments [Line Items]
Debt investments, Adjusted Cost Basis		937	944
Debt investments, Unrealized Gains		10	3
Debt investments, Unrealized Losses		(22)	(35)
Debt investments, Recorded Basis		925	912
Cash and cash equivalents		0	0
Short-term Investments		925	912
Equity and other investments		0	0
Debt Securities \| Corporate notes and bonds \| Level 2
Cash Cash Equivalents And Investments [Line Items]
Debt investments, Adjusted Cost Basis		8,932	9,106
Debt investments, Unrealized Gains		114	28
Debt investments, Unrealized Losses		(166)	(318)
Debt investments, Recorded Basis		8,880	8,816
Cash and cash equivalents		0	0
Short-term Investments		8,880	8,816
Equity and other investments		0	0
Debt Securities \| Corporate notes and bonds \| Level 3
Cash Cash Equivalents And Investments [Line Items]
Debt investments, Adjusted Cost Basis		1,639	1,641
Debt investments, Unrealized Gains		0	0
Debt investments, Unrealized Losses		(1)	(1)
Debt investments, Recorded Basis		1,638	1,640
Cash and cash equivalents		0	0
Short-term Investments		138	140
Equity and other investments		1,500	1,500
Debt Securities \| Municipal securities \| Level 2
Cash Cash Equivalents And Investments [Line Items]
Debt investments, Adjusted Cost Basis		263	262
Debt investments, Unrealized Gains		2	0
Debt investments, Unrealized Losses		(8)	(13)
Debt investments, Recorded Basis		257	249
Cash and cash equivalents		0	0
Short-term Investments		257	249
Equity and other investments		0	0
Debt Securities \| Municipal securities \| Level 3
Cash Cash Equivalents And Investments [Line Items]
Debt investments, Adjusted Cost Basis		104	104
Debt investments, Unrealized Gains		0	0
Debt investments, Unrealized Losses		(15)	(17)
Debt investments, Recorded Basis		89	87
Cash and cash equivalents		0	0
Short-term Investments		89	87
Equity and other investments		$ 0	$ 0

[1] Refer to Note 5 – Derivatives for further information on the fair value of our derivative instruments.

Investments - Additional Inform

Investments - Additional Information (Detail) - USD ($) $ in Billions	Sep. 30, 2024	Jun. 30, 2024
Investments, Debt and Equity Securities [Abstract]
Equity investments without readily determinable fair values measured at cost with adjustments for observable changes in price or impairments	$ 3.8	$ 3.9
Equity investments measured using equity method	$ 6.8	$ 6

Unrealized Losses on Debt Inves

Unrealized Losses on Debt Investments (Detail) - USD ($) $ in Millions	Sep. 30, 2024	Jun. 30, 2024
Unrealized Losses on Investments [Line Items]
Less than 12 Months - Fair Value	$ 292	$ 2,157
Less than 12 Months - Unrealized Losses	(4)	(25)
12 Months or Greater - Fair Value	51,876	52,432
12 Months or Greater - Unrealized Losses	(2,045)	(3,323)
Total Fair Value	52,168	54,589
Total Unrealized Losses	(2,049)	(3,348)
U.S. government and agency securities
Unrealized Losses on Investments [Line Items]
Less than 12 Months - Fair Value	146	529
Less than 12 Months - Unrealized Losses	(2)	(12)
12 Months or Greater - Fair Value	46,240	45,821
12 Months or Greater - Unrealized Losses	(1,826)	(2,936)
Total Fair Value	46,386	46,350
Total Unrealized Losses	(1,828)	(2,948)
Foreign government bonds
Unrealized Losses on Investments [Line Items]
Less than 12 Months - Fair Value	12	79
Less than 12 Months - Unrealized Losses	(1)	(2)
12 Months or Greater - Fair Value	144	180
12 Months or Greater - Unrealized Losses	(8)	(14)
Total Fair Value	156	259
Total Unrealized Losses	(9)	(16)
Mortgage- and asset-backed securities
Unrealized Losses on Investments [Line Items]
Less than 12 Months - Fair Value	0	201
Less than 12 Months - Unrealized Losses	0	(1)
12 Months or Greater - Fair Value	287	409
12 Months or Greater - Unrealized Losses	(22)	(34)
Total Fair Value	287	610
Total Unrealized Losses	(22)	(35)
Corporate notes and bonds
Unrealized Losses on Investments [Line Items]
Less than 12 Months - Fair Value	134	1,310
Less than 12 Months - Unrealized Losses	(1)	(9)
12 Months or Greater - Fair Value	4,963	5,779
12 Months or Greater - Unrealized Losses	(166)	(310)
Total Fair Value	5,097	7,089
Total Unrealized Losses	(167)	(319)
Municipal securities
Unrealized Losses on Investments [Line Items]
Less than 12 Months - Fair Value	0	38
Less than 12 Months - Unrealized Losses	0	(1)
12 Months or Greater - Fair Value	242	243
12 Months or Greater - Unrealized Losses	(23)	(29)
Total Fair Value	242	281
Total Unrealized Losses	$ (23)	$ (30)

Debt Investment Maturities (Det

Debt Investment Maturities (Detail) $ in Millions	Sep. 30, 2024 USD ($)
Adjusted Cost Basis
Due in one year or less	$ 24,446
Due after one year through five years	37,153
Due after five years through 10 years	7,338
Due after 10 years	1,419
Debt investments, Adjusted Cost Basis	70,356
Estimated Fair Value
Due in one year or less	24,331
Due after one year through five years	35,927
Due after five years through 10 years	6,865
Due after 10 years	1,334
Total	$ 68,457

Derivatives - Additional Inform

Derivatives - Additional Information (Detail) - USD ($)	3 Months Ended
Derivatives - Additional Information (Detail) - USD ($)	Sep. 30, 2024	Jun. 30, 2024
Derivative [Line Items]
Minimum required liquidity under certain counterparty agreements	$ 1,000,000,000
Minimum liquidity for the period as defined by certain counterparty agreements	1,000,000,000
Gross amounts of derivative assets, elected to offset	306,000,000	$ 304,000,000
Gross amounts of derivative liabilities, elected to offset	$ 1,500,000,000	$ 800,000,000
Senior Unsecured Obligations
Derivative [Line Items]
Debt instrument credit rating	AAA

Notional Amounts of Outstanding

Notional Amounts of Outstanding Derivative Instruments Measured in U.S. Dollar Equivalents (Detail) - USD ($) $ in Millions	Sep. 30, 2024	Jun. 30, 2024
Designated as Hedging Instruments \| Foreign Exchange Contracts \| Derivatives Purchased
Derivative [Line Items]
Notional amounts	$ 1,492	$ 1,492
Designated as Hedging Instruments \| Interest Rate Contracts \| Derivatives Purchased
Derivative [Line Items]
Notional amounts	1,144	1,100
Not Designated as Hedging Instruments \| Foreign Exchange Contracts \| Derivatives Purchased
Derivative [Line Items]
Notional amounts	8,438	7,167
Not Designated as Hedging Instruments \| Foreign Exchange Contracts \| Derivatives Sold
Derivative [Line Items]
Notional amounts	22,559	31,793
Not Designated as Hedging Instruments \| Equity Contracts \| Derivatives Purchased
Derivative [Line Items]
Notional amounts	4,290	4,016
Not Designated as Hedging Instruments \| Equity Contracts \| Derivatives Sold
Derivative [Line Items]
Notional amounts	2,165	2,165
Not Designated as Hedging Instruments \| Other Contracts \| Derivatives Purchased
Derivative [Line Items]
Notional amounts	2,829	2,113
Not Designated as Hedging Instruments \| Other Contracts \| Derivatives Sold
Derivative [Line Items]
Notional amounts	$ 1,121	$ 811

Fair Values of Derivative Instr

Fair Values of Derivative Instruments (Detail) - USD ($) $ in Millions	Sep. 30, 2024	Jun. 30, 2024
Derivatives Fair Value [Line Items]
Derivative Assets	$ 318	$ 331
Gross amounts of derivatives offset in the balance sheets, assets	(196)	(151)
Cash collateral received, assets	0	0
Net amounts of derivatives, assets	$ 122	$ 180
Derivative Asset, Current, Statement of Financial Position [Extensible Enumeration]	Other current assets	Other current assets
Derivative Asset, Noncurrent, Statement of Financial Position [Extensible Enumeration]	Other long-term assets	Other long-term assets
Derivative Liabilities	$ (1,490)	$ (800)
Gross amounts of derivatives offset in the balance sheets, liabilities	198	152
Cash collateral received, liabilities	(18)	(104)
Net amounts of derivatives, liabilities	$ (1,310)	$ (752)
Derivative Liability, Statement of Financial Position [Extensible Enumeration]	Other current liabilities	Other current liabilities
Derivative Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration]	Other long-term liabilities	Other long-term liabilities
Derivative Asset Statement of Financial Position [Extensible Enumeration not Disclosed Flag]	Net amounts of derivatives, assets	Net amounts of derivatives, assets
Derivative Liability Statement of Financial Position [Extensible Enumeration not Disclosed Flag]	Net amounts of derivatives, liabilities	Net amounts of derivatives, liabilities
Level 1
Derivatives Fair Value [Line Items]
Derivative Assets	$ 0	$ 0
Derivative Liabilities	(1)	(1)
Level 2
Derivatives Fair Value [Line Items]
Derivative Assets	313	327
Derivative Liabilities	(1,489)	(799)
Level 3
Derivatives Fair Value [Line Items]
Derivative Assets	5	4
Derivative Liabilities	0	0
Designated as Hedging Instruments \| Foreign Exchange Contracts
Derivatives Fair Value [Line Items]
Derivative Assets	50	24
Derivative Liabilities	(65)	(76)
Designated as Hedging Instruments \| Interest Rate Contracts
Derivatives Fair Value [Line Items]
Derivative Assets	5	19
Derivative Liabilities	0	0
Not Designated as Hedging Instruments \| Foreign Exchange Contracts
Derivatives Fair Value [Line Items]
Derivative Assets	189	213
Derivative Liabilities	(615)	(230)
Not Designated as Hedging Instruments \| Equity Contracts
Derivatives Fair Value [Line Items]
Derivative Assets	68	63
Derivative Liabilities	(804)	(491)
Not Designated as Hedging Instruments \| Other Contracts
Derivatives Fair Value [Line Items]
Derivative Assets	6	12
Derivative Liabilities	(6)	(3)
Short-term Investments
Derivatives Fair Value [Line Items]
Net amounts of derivatives, assets	(1)	12
Other Current Assets
Derivatives Fair Value [Line Items]
Net amounts of derivatives, assets	118	149
Other Long-term Assets
Derivatives Fair Value [Line Items]
Net amounts of derivatives, assets	5	19
Other Current Liabilities
Derivatives Fair Value [Line Items]
Net amounts of derivatives, liabilities	(900)	(401)
Other Long-term Liabilities
Derivatives Fair Value [Line Items]
Net amounts of derivatives, liabilities	$ (410)	$ (351)

Gains (Losses) on Derivative In

Gains (Losses) on Derivative Instruments Recognized in Other Income (Expense), Net (Detail) - Other Income (Expense), Net - USD ($) $ in Millions	3 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Foreign Exchange Contracts
Derivative Instruments, Gain (Loss) [Line Items]
Gains (Losses) on Derivatives Not Designated as Hedges	$ (383)	$ 206
Equity Contracts
Derivative Instruments, Gain (Loss) [Line Items]
Gains (Losses) on Derivatives Not Designated as Hedges	(348)	113
Other Contracts
Derivative Instruments, Gain (Loss) [Line Items]
Gains (Losses) on Derivatives Not Designated as Hedges	24	(33)
Fair Value Hedges \| Interest Rate Contracts
Derivative Instruments, Gain (Loss) [Line Items]
Derivatives	20	(16)
Hedged items	(32)	3
Cash Flow Hedges \| Foreign Exchange Contracts
Derivative Instruments, Gain (Loss) [Line Items]
Amount reclassified from accumulated other comprehensive loss	$ 49	$ (46)

Gains (Losses), Net of Tax, on

Gains (Losses), Net of Tax, on Derivative Instruments Recognized in Consolidated Comprehensive Income Statements (Detail) - USD ($) $ in Millions	3 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Cash Flow Hedges \| Foreign Exchange Contracts
Derivative Instruments, Gain (Loss) [Line Items]
Included in effectiveness assessment	$ 29	$ (15)

Components of Inventories (Deta

Components of Inventories (Detail) - USD ($) $ in Millions	Sep. 30, 2024	Jun. 30, 2024
Inventory Disclosure [Abstract]
Raw materials	$ 488	$ 394
Work in process	11	7
Finished goods	1,127	845
Total	$ 1,626	$ 1,246

Business Combinations - Additio

Business Combinations - Additional Information (Detail) - Activision Blizzard, Inc. $ in Billions	Oct. 13, 2023 USD ($)
Business Acquisition [Line Items]
Total consideration transferred	$ 75.4
Acquisition date	Oct. 13, 2023

Major Classes of Assets and Lia

Major Classes of Assets and Liabilities Allocated Purchase Price (Detail) - USD ($) $ in Millions	Sep. 30, 2024	Jun. 30, 2024	Oct. 13, 2023
Business Acquisition [Line Items]
Goodwill	$ 119,374	$ 119,220
Activision Blizzard, Inc.
Business Acquisition [Line Items]
Cash and cash equivalents			$ 12,976
Goodwill			51,001
Intangible assets			21,969
Other assets			2,503
Long-term debt			(2,799)
Long-term income taxes			(1,946)
Deferred income taxes			(4,676)
Other liabilities			(3,620)
Total purchase price			$ 75,408

Acquired Intangible Assets (Det

Acquired Intangible Assets (Detail) - Activision Blizzard, Inc. $ in Millions	Oct. 13, 2023 USD ($)
Acquired Finite-Lived Intangible Assets [Line Items]
Fair value of intangible assets acquired	$ 21,969
Weighted Average Life	15 years
Marketing-related
Acquired Finite-Lived Intangible Assets [Line Items]
Fair value of intangible assets acquired	$ 11,619
Weighted Average Life	24 years
Technology-based
Acquired Finite-Lived Intangible Assets [Line Items]
Fair value of intangible assets acquired	$ 9,689
Weighted Average Life	4 years
Customer-related
Acquired Finite-Lived Intangible Assets [Line Items]
Fair value of intangible assets acquired	$ 661
Weighted Average Life	4 years

Supplemental Consolidated Finan

Supplemental Consolidated Financial Results on Unaudited Pro Forma Basis (Detail) - Activision Blizzard, Inc. $ / shares in Units, $ in Millions	3 Months Ended
	Sep. 30, 2023 USD ($) $ / shares
Business Acquisition [Line Items]
Revenue	$ 58,561
Net income	$ 22,314
Diluted earnings per share \| $ / shares	$ 2.99

Carrying Amount of Goodwill (De

Carrying Amount of Goodwill (Detail) $ in Millions	3 Months Ended
Carrying Amount of Goodwill (Detail) $ in Millions	Sep. 30, 2024 USD ($)
Goodwill [Line Items]
Beginning Balance	$ 119,220
Acquisitions	0
Other	154
Ending Balance	119,374
Productivity and Business Processes
Goodwill [Line Items]
Beginning Balance	31,361
Acquisitions	0
Other	44
Ending Balance	31,405
Intelligent Cloud
Goodwill [Line Items]
Beginning Balance	25,648
Acquisitions	0
Other	22
Ending Balance	25,670
More Personal Computing
Goodwill [Line Items]
Beginning Balance	62,211
Acquisitions	0
Other	88
Ending Balance	$ 62,299

Goodwill - Additional Informati

Goodwill - Additional Information (Detail)	3 Months Ended
Goodwill - Additional Information (Detail)	Sep. 30, 2024 USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill impairment charge	$ 0

Finite-Lived Intangible Assets

Finite-Lived Intangible Assets (Detail) - USD ($) $ in Millions	Sep. 30, 2024	Jun. 30, 2024
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 45,036	$ 44,509
Accumulated Amortization	(18,285)	(16,912)
Net Carrying Amount	26,751	27,597
Marketing-related
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	16,490	16,500
Accumulated Amortization	(3,296)	(3,101)
Net Carrying Amount	13,194	13,399
Technology-based
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	22,426	21,913
Accumulated Amortization	(11,709)	(10,741)
Net Carrying Amount	10,717	11,172
Customer-related
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	6,039	6,038
Accumulated Amortization	(3,261)	(3,051)
Net Carrying Amount	2,778	2,987
Contract-based
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	81	58
Accumulated Amortization	(19)	(19)
Net Carrying Amount	$ 62	$ 39

Intangible Assets - Additional

Intangible Assets - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible assets amortization expense	$ 1,400	$ 636

Estimated Future Amortization E

Estimated Future Amortization Expense Related to Intangible Assets (Detail) - USD ($) $ in Millions	Sep. 30, 2024	Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Year Ending June 30, 2025 (excluding the three months ended September 30, 2024)	$ 4,563
Year Ending June 30, 2026	4,538
Year Ending June 30, 2027	2,847
Year Ending June 30, 2028	1,961
Year Ending June 30, 2029	1,780
Thereafter	11,062
Net Carrying Amount	$ 26,751	$ 27,597

Components of Long-term Debt (D

Components of Long-term Debt (Detail) - USD ($) $ in Millions		3 Months Ended
		Sep. 30, 2024	Jun. 30, 2024
Debt Instrument [Line Items]
Total face value		$ 51,323	$ 51,221
Unamortized discount and issuance costs		(1,209)	(1,227)
Hedge fair value adjustments	[1]	(49)	(81)
Premium on debt exchange		(4,948)	(4,976)
Total debt		45,117	44,937
Current portion of long-term debt		(2,249)	(2,249)
Long-term debt		$ 42,868	42,688
2009 Issuance of $3.8 billion
Debt Instrument [Line Items]
Maturities (calendar year)		2039
Stated Interest Rate		5.20%
Effective Interest Rate		5.24%
Total face value		$ 520	520
2010 Issuance of $4.8 billion
Debt Instrument [Line Items]
Maturities (calendar year)		2040
Stated Interest Rate		4.50%
Effective Interest Rate		4.57%
Total face value		$ 486	486
2011 Issuance of $2.3 billion
Debt Instrument [Line Items]
Maturities (calendar year)		2041
Stated Interest Rate		5.30%
Effective Interest Rate		5.36%
Total face value		$ 718	718
2012 Issuance of $2.3 billion
Debt Instrument [Line Items]
Maturities (calendar year)		2042
Stated Interest Rate		3.50%
Effective Interest Rate		3.57%
Total face value		$ 454	454
2013 Issuance of $5.2 billion
Debt Instrument [Line Items]
Maturities (calendar year)		2043
Total face value		$ 314	314
2013 Issuance of $5.2 billion \| Minimum
Debt Instrument [Line Items]
Stated Interest Rate		3.75%
Effective Interest Rate		3.83%
2013 Issuance of $5.2 billion \| Maximum
Debt Instrument [Line Items]
Stated Interest Rate		4.88%
Effective Interest Rate		4.92%
2013 Issuance of €4.1 billion
Debt Instrument [Line Items]
Total face value		$ 2,567	2,465
2013 Issuance of €4.1 billion \| Minimum
Debt Instrument [Line Items]
Maturities (calendar year)		2028
Stated Interest Rate		2.63%
Effective Interest Rate		2.69%
2013 Issuance of €4.1 billion \| Maximum
Debt Instrument [Line Items]
Maturities (calendar year)		2033
Stated Interest Rate		3.13%
Effective Interest Rate		3.22%
2015 Issuance of $23.8 billion
Debt Instrument [Line Items]
Total face value		$ 9,805	9,805
2015 Issuance of $23.8 billion \| Minimum
Debt Instrument [Line Items]
Maturities (calendar year)		2025
Stated Interest Rate		2.70%
Effective Interest Rate		2.77%
2015 Issuance of $23.8 billion \| Maximum
Debt Instrument [Line Items]
Maturities (calendar year)		2055
Stated Interest Rate		4.75%
Effective Interest Rate		4.78%
2016 Issuance of $19.8 billion
Debt Instrument [Line Items]
Total face value		$ 7,930	7,930
2016 Issuance of $19.8 billion \| Minimum
Debt Instrument [Line Items]
Maturities (calendar year)		2026
Stated Interest Rate		2.40%
Effective Interest Rate		2.46%
2016 Issuance of $19.8 billion \| Maximum
Debt Instrument [Line Items]
Maturities (calendar year)		2056
Stated Interest Rate		3.95%
Effective Interest Rate		4.03%
2017 Issuance of $17.1 billion
Debt Instrument [Line Items]
Total face value		$ 6,833	6,833
2017 Issuance of $17.1 billion \| Minimum
Debt Instrument [Line Items]
Maturities (calendar year)		2026
Stated Interest Rate		3.30%
Effective Interest Rate		3.38%
2017 Issuance of $17.1 billion \| Maximum
Debt Instrument [Line Items]
Maturities (calendar year)		2057
Stated Interest Rate		4.50%
Effective Interest Rate		5.49%
2020 Issuance of $10.1 billion
Debt Instrument [Line Items]
Total face value		$ 10,111	10,111
2020 Issuance of $10.1 billion \| Minimum
Debt Instrument [Line Items]
Maturities (calendar year)		2030
Stated Interest Rate		1.35%
Effective Interest Rate		2.53%
2020 Issuance of $10.1 billion \| Maximum
Debt Instrument [Line Items]
Maturities (calendar year)		2060
Stated Interest Rate		2.68%
Effective Interest Rate		5.43%
2021 issuance of $8.2 billion
Debt Instrument [Line Items]
Total face value		$ 8,185	8,185
2021 issuance of $8.2 billion \| Minimum
Debt Instrument [Line Items]
Maturities (calendar year)		2052
Stated Interest Rate		2.92%
Effective Interest Rate		2.92%
2021 issuance of $8.2 billion \| Maximum
Debt Instrument [Line Items]
Maturities (calendar year)		2062
Stated Interest Rate		3.04%
Effective Interest Rate		3.04%
2023 issuance of $0.1 billion
Debt Instrument [Line Items]
Total face value		$ 56	56
2023 issuance of $0.1 billion \| Minimum
Debt Instrument [Line Items]
Maturities (calendar year)		2026
Stated Interest Rate		1.35%
Effective Interest Rate		5.16%
2023 issuance of $0.1 billion \| Maximum
Debt Instrument [Line Items]
Maturities (calendar year)		2050
Stated Interest Rate		4.50%
Effective Interest Rate		5.49%
2024 issuance of $3.3 billion
Debt Instrument [Line Items]
Total face value		$ 3,344	$ 3,344
2024 issuance of $3.3 billion \| Minimum
Debt Instrument [Line Items]
Maturities (calendar year)		2026
Stated Interest Rate		1.35%
Effective Interest Rate		5.16%
2024 issuance of $3.3 billion \| Maximum
Debt Instrument [Line Items]
Maturities (calendar year)		2050
Stated Interest Rate		4.50%
Effective Interest Rate		5.49%

[1] Refer to Note 5 – Derivatives for further information on the interest rate swaps related to fixed-rate debt.

Components of Long-term Debt (P

Components of Long-term Debt (Parenthetical) (Detail) - 3 months ended Sep. 30, 2024 € in Billions, $ in Billions	USD ($)	EUR (€)
2009 Issuance of $3.8 billion
Debt Instrument [Line Items]
Debt, issuance date	2009
Debt, face value	$ 3.8
2010 Issuance of $4.8 billion
Debt Instrument [Line Items]
Debt, issuance date	2010
Debt, face value	$ 4.8
2011 Issuance of $2.3 billion
Debt Instrument [Line Items]
Debt, issuance date	2011
Debt, face value	$ 2.3
2012 Issuance of $2.3 billion
Debt Instrument [Line Items]
Debt, issuance date	2012
Debt, face value	$ 2.3
2013 Issuance of $5.2 billion
Debt Instrument [Line Items]
Debt, issuance date	2013
Debt, face value	$ 5.2
2013 Issuance of €4.1 billion
Debt Instrument [Line Items]
Debt, issuance date	2013
Debt, face value \| €		€ 4.1
2015 Issuance of $23.8 billion
Debt Instrument [Line Items]
Debt, issuance date	2015
Debt, face value	$ 23.8
2016 Issuance of $19.8 billion
Debt Instrument [Line Items]
Debt, issuance date	2016
Debt, face value	$ 19.8
2017 Issuance of $17.1 billion
Debt Instrument [Line Items]
Debt, issuance date	2017
Debt, face value	$ 17.1
2020 Issuance of $10.1 billion
Debt Instrument [Line Items]
Debt, issuance date	2020
Debt, face value	$ 10.1
2021 issuance of $8.2 billion
Debt Instrument [Line Items]
Debt, issuance date	2021
Debt, face value	$ 8.2
2023 issuance of $0.1 billion
Debt Instrument [Line Items]
Debt, issuance date	2023
Debt, face value	$ 0.1
2024 issuance of $3.3 billion
Debt Instrument [Line Items]
Debt, issuance date	2024
Debt, face value	$ 3.3

Debt - Additional Information (

Debt - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2024	Sep. 30, 2024
Debt Instrument [Line Items]
Long-term debt fair value	$ 42,300	$ 44,600
Short-term debt	$ 6,693	$ 0
Commercial Paper
Debt Instrument [Line Items]
Short term debt, weighted average interest rate	5.40%
Commercial Paper \| Maximum
Debt Instrument [Line Items]
Short term borrowings maturity	152 days
Commercial Paper \| Minimum
Debt Instrument [Line Items]
Short term borrowings maturity	28 days

Maturities of Long-term Debt In

Maturities of Long-term Debt Including Current Portion (Detail) - USD ($) $ in Millions	Sep. 30, 2024	Jun. 30, 2024
Debt Disclosure [Abstract]
Year Ending June 30, 2025 (excluding the three months ended September 30, 2024)	$ 2,250
Year Ending June 30, 2026	3,000
Year Ending June 30, 2027	9,250
Year Ending June 30, 2028	0
Year Ending June 30, 2029	1,953
Thereafter	34,870
Total	$ 51,323	$ 51,221

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Jun. 30, 2024
Income Taxes [Line Items]
Effective tax rate	19%	18%
Long-term income taxes	$ 24,452		$ 27,931
Unrecognized Tax Benefits and Other Income Tax Liabilities
Income Taxes [Line Items]
Long-term income taxes	$ 25,900		$ 24,900

Income Taxes - Additional Inf_2

Income Taxes - Additional Information Regarding Examinations (Detail) - USD ($) $ in Billions		3 Months Ended
	Sep. 26, 2023	Sep. 30, 2024
Minimum \| Foreign Country
Income Tax Examination [Line Items]
Tax years subject to examination		1996
Maximum \| Foreign Country
Income Tax Examination [Line Items]
Tax years subject to examination		2024
Internal Revenue Service (IRS)
Income Tax Examination [Line Items]
Settlement payments including tax and interest	$ 28.9
Internal Revenue Service (IRS) \| Minimum
Income Tax Examination [Line Items]
Tax years under audit	2004
Tax years subject to examination		2014
Internal Revenue Service (IRS) \| Maximum
Income Tax Examination [Line Items]
Tax years under audit	2013
Tax years subject to examination		2017

Unearned Revenue by Segment (De

Unearned Revenue by Segment (Detail) - USD ($) $ in Millions	Sep. 30, 2024	Jun. 30, 2024
Contract With Customer Liability [Line Items]
Unearned revenue	$ 55,689	$ 60,184
Productivity and Business Processes
Contract With Customer Liability [Line Items]
Unearned revenue	40,429	43,599
Intelligent Cloud
Contract With Customer Liability [Line Items]
Unearned revenue	12,397	13,683
More Personal Computing
Contract With Customer Liability [Line Items]
Unearned revenue	$ 2,863	$ 2,902

Changes in Unearned Revenue (De

Changes in Unearned Revenue (Detail) $ in Millions	3 Months Ended
Changes in Unearned Revenue (Detail) $ in Millions	Sep. 30, 2024 USD ($)
Revenue from Contract with Customer [Abstract]
Balance, beginning of period	$ 60,184
Deferral of revenue	37,642
Recognition of unearned revenue	(42,137)
Balance, end of period	$ 55,689

Unearned Revenue - Additional I

Unearned Revenue - Additional Information (Detail) $ in Billions	Sep. 30, 2024 USD ($)
Contract With Customer Liability [Line Items]
Revenue allocated to remaining performance obligations	$ 266
Commercial Customers
Contract With Customer Liability [Line Items]
Revenue allocated to remaining performance obligations	$ 259

Unearned Revenue - Remaining Pe

Unearned Revenue - Remaining Performance Obligation - Additional Information (Detail) - Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date: 2024-10-01	Sep. 30, 2024
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction [Line Items]
Revenue allocated to remaining performance obligations, percentage of revenue expected to be recognized	45%
Revenue allocated to remaining performance obligations, expected timing of satisfaction	12 months

Leases - Additional Information

Leases - Additional Information (Detail) $ in Billions	3 Months Ended
Leases - Additional Information (Detail) $ in Billions	Sep. 30, 2024 USD ($)
Operating Lease
Lessee, Lease, Description [Line Items]
Additional leases, primarily for datacenters, that have not yet commenced	$ 7.4
Finance Lease
Lessee, Lease, Description [Line Items]
Additional leases, primarily for datacenters, that have not yet commenced	$ 108.7
Minimum
Lessee, Lease, Description [Line Items]
Operating and Finance leases, remaining lease terms	1 year
Additional operating leases that have not yet commenced, lease terms	1 year
Additional finance leases that have not yet commenced, lease terms	1 year
Maximum
Lessee, Lease, Description [Line Items]
Operating and Finance leases, remaining lease terms	17 years
Operating leases, options to extend leases term	5 years
Finance leases, options to extend leases term	5 years
Operating and Finance leases, options to terminate leases term	1 year
Additional operating leases that have not yet commenced, lease terms	20 years
Additional finance leases that have not yet commenced, lease terms	20 years

Components of Lease Expense (De

Components of Lease Expense (Detail) - USD ($) $ in Millions	3 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Leases [Abstract]
Operating lease cost	$ 1,161	$ 775
Finance lease cost:
Amortization of right-of-use assets	696	380
Interest on lease liabilities	275	149
Total finance lease cost	$ 971	$ 529

Supplemental Cash Flow Informat

Supplemental Cash Flow Information Related to Leases (Detail) - USD ($) $ in Millions	3 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$ 1,207	$ 795
Operating cash flows from finance leases	275	149
Financing cash flows from finance leases	802	285
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	1,892	1,804
Finance leases	$ 4,332	$ 1,704

Supplemental Balance Sheet Info

Supplemental Balance Sheet Information Related to Leases (Detail) - USD ($) $ in Millions	Sep. 30, 2024	Jun. 30, 2024
Operating Leases
Operating lease right-of-use assets	$ 20,528	$ 18,961
Total operating lease liabilities	20,370	19,077
Finance Leases
Accumulated depreciation	(80,517)	(76,421)
Property and equipment, net	152,863	135,591
Total finance lease liabilities	$ 31,351	$ 27,145
Weighted Average Remaining Lease Term
Operating leases	7 years	7 years
Finance leases	12 years	12 years
Weighted Average Discount Rate
Operating leases	3.40%	3.30%
Finance leases	4%	3.90%
Finance Lease
Finance Leases
Property and equipment, at cost	$ 37,186	$ 32,248
Accumulated depreciation	(7,070)	(6,386)
Property and equipment, net	30,116	25,862
Other Current Liabilities
Operating Leases
Total operating lease liabilities	4,009	3,580
Finance Leases
Total finance lease liabilities	2,504	2,349
Operating Lease Liabilities
Operating Leases
Total operating lease liabilities	16,361	15,497
Other Long-term Liabilities
Finance Leases
Total finance lease liabilities	$ 28,847	$ 24,796

Maturities of Lease Liabilities

Maturities of Lease Liabilities (Detail) - USD ($) $ in Millions	Sep. 30, 2024	Jun. 30, 2024
Leases [Abstract]
Operating Leases, Year Ending June 30, 2025 (excluding the three months ended September 30, 2024)	$ 3,386
Operating Leases, Year Ending June 30, 2026	4,122
Operating Leases, Year Ending June 30, 2027	3,411
Operating Leases, Year Ending June 30, 2028	2,754
Operating Leases, Year Ending June 30, 2029	2,124
Operating Leases, Thereafter	7,174
Operating Leases, Total lease payments	22,971
Operating Leases, Less imputed interest	(2,601)
Operating Leases	20,370	$ 19,077
Finance Leases, Year Ending June 30, 2025 (excluding the three months ended September 30, 2024)	2,742
Finance Leases, Year Ending June 30, 2026	3,697
Finance Leases, Year Ending June 30, 2027	3,720
Finance Leases, Year Ending June 30, 2028	3,706
Finance Leases, Year Ending June 30, 2029	3,099
Finance Leases, Thereafter	22,745
Finance Leases, Total lease payments	39,709
Finance Leases, Less imputed interest	(8,358)
Finance Leases	$ 31,351	$ 27,145

Contingencies - Additional Info

Contingencies - Additional Information (Detail) $ in Millions	Sep. 30, 2024 USD ($)
Commitments and Contingencies Disclosure [Abstract]
Accrual for disclosed loss contingencies, current, ending balance	$ 492
Amount not accrued for estimated maximum losses for disclosed loss contingencies	$ 600

Stockholders' Equity - Addition

Stockholders' Equity - Additional Information (Detail) - USD ($)	3 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 16, 2024	Sep. 14, 2021
Share Repurchase Program [Line Items]
Amount of shares repurchased to settle employee tax withholding related to vesting of stock awards	$ 1,300,000,000	$ 1,300,000,000
Share Repurchase Program 2021
Share Repurchase Program [Line Items]
Amount available for repurchase under the share repurchase program approved by the company's Board of Directors				$ 60,000,000,000
Unused amount of share repurchase program	$ 7,500,000,000
Share Repurchase Program 2024
Share Repurchase Program [Line Items]
Amount available for repurchase under the share repurchase program approved by the company's Board of Directors			$ 60,000,000,000

Share Repurchases (Detail)

Share Repurchases (Detail) - Share Repurchase Program 2021 - USD ($) $ in Millions	3 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Share Repurchase Program [Line Items]
Shares of common stock repurchased	7,000,000	11,000,000
Value of common stock repurchased	$ 2,800	$ 3,560

Dividends Declared (Detail)

Dividends Declared (Detail) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Dividends Payable [Line Items]
Dividend Per Share	$ 0.83	$ 0.75
Amount	$ 6,172	$ 5,574
O2025Q1 Dividends
Dividends Payable [Line Items]
Declaration Date	Sep. 16, 2024
Record Date	Nov. 21, 2024
Payment Date	Dec. 12, 2024
O2024Q1 Dividends
Dividends Payable [Line Items]
Declaration Date		Sep. 19, 2023
Record Date		Nov. 16, 2023
Payment Date		Dec. 14, 2023

Summary of Changes in Accumulat

Summary of Changes in Accumulated Other Comprehensive Income (Loss) by Component (Detail) - USD ($) $ in Millions	3 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance, beginning of period	$ 268,477
Other comprehensive income (loss)	1,408	$ (594)
Balance, end of period	287,723	220,714
Derivatives
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance, beginning of period	(3)	(27)
Unrealized gains (losses), net of tax	29	(15)
Tax expense (benefit) included in provision for income taxes	10	(10)
Amounts reclassified from accumulated other comprehensive loss	(39)	36
Other comprehensive income (loss)	(10)	21
Balance, end of period	(13)	(6)
Derivatives \| Other Income (Expense), Net
Accumulated Other Comprehensive Income (Loss) [Line Items]
Reclassification adjustments for (gains) losses included in other income (expense), net	(49)	46
Investments
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance, beginning of period	(2,625)	(3,582)
Unrealized gains (losses), net of tax	1,118	(283)
Tax expense (benefit) included in provision for income taxes	1	(6)
Amounts reclassified from accumulated other comprehensive loss	(4)	23
Other comprehensive income (loss)	1,114	(260)
Balance, end of period	(1,511)	(3,842)
Investments \| Other Income (Expense), Net
Accumulated Other Comprehensive Income (Loss) [Line Items]
Reclassification adjustments for (gains) losses included in other income (expense), net	(5)	29
Translation adjustments and other
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance, beginning of period	(2,962)	(2,734)
Other comprehensive income (loss)	304	(355)
Balance, end of period	(2,658)	(3,089)
Accumulated other comprehensive loss
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance, beginning of period	(5,590)	(6,343)
Other comprehensive income (loss)	1,408	(594)
Balance, end of period	$ (4,182)	$ (6,937)

Summary of Changes in Accumul_2

Summary of Changes in Accumulated Other Comprehensive Income (Loss) by Component (Parenthetical) (Detail) - USD ($) $ in Millions	3 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Derivatives
Accumulated Other Comprehensive Income (Loss) [Line Items]
Unrealized gains (losses), net of tax	$ 7	$ (4)
Net change related to other comprehensive income (loss), tax	(3)	6
Investments
Accumulated Other Comprehensive Income (Loss) [Line Items]
Unrealized gains (losses), net of tax	297	(75)
Net change related to other comprehensive income (loss), tax	296	(69)
Translation adjustments and other
Accumulated Other Comprehensive Income (Loss) [Line Items]
Net change related to other comprehensive income (loss), tax	$ 0	$ 0

Segment Revenue (Detail)

Segment Revenue (Detail) - USD ($) $ in Millions	3 Months Ended
Segment Revenue (Detail) - USD ($) $ in Millions	Sep. 30, 2024	Sep. 30, 2023
Segment Reporting Information [Line Items]
Revenue	$ 65,585	$ 56,517
Productivity and Business Processes
Segment Reporting Information [Line Items]
Revenue	28,317	25,226
Intelligent Cloud
Segment Reporting Information [Line Items]
Revenue	24,092	20,013
More Personal Computing
Segment Reporting Information [Line Items]
Revenue	$ 13,176	$ 11,278

Operating Income (Loss) by Segm

Operating Income (Loss) by Segment (Detail) - USD ($) $ in Millions	3 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Segment Reporting Information [Line Items]
Operating Income (Loss)	$ 30,552	$ 26,895
Productivity and Business Processes
Segment Reporting Information [Line Items]
Operating Income (Loss)	16,516	14,297
Intelligent Cloud
Segment Reporting Information [Line Items]
Operating Income (Loss)	10,503	8,908
More Personal Computing
Segment Reporting Information [Line Items]
Operating Income (Loss)	$ 3,533	$ 3,690

Segment Information and Geogr_3

Segment Information and Geographic Data - Additional Information (Detail)	3 Months Ended
	Sep. 30, 2024
Segment Reporting [Abstract]
Sales to an individual customer	No sales to an individual customer or country other than the United States accounted for more than 10% of revenue for the three months ended September 30, 2024 or 2023.

Revenue Classified by Major Geo

Revenue Classified by Major Geographic Areas (Detail) - USD ($) $ in Millions		3 Months Ended
		Sep. 30, 2024	Sep. 30, 2023
Revenues From External Customers And Long Lived Assets [Line Items]
Revenue		$ 65,585	$ 56,517
United States
Revenues From External Customers And Long Lived Assets [Line Items]
Revenue	[1]	33,913	28,812
Other Countries
Revenues From External Customers And Long Lived Assets [Line Items]
Revenue		$ 31,672	$ 27,705

[1] Includes billings to OEMs and certain multinational organizations because of the nature of these businesses and the impracticability of determining the geographic source of the revenue.

Revenue Classified by Significa

Revenue Classified by Significant Product and Service Offerings (Detail) - USD ($) $ in Millions	3 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Revenue from External Customer [Line Items]
Revenue	$ 65,585	$ 56,517
Server Products and Cloud Services
Revenue from External Customer [Line Items]
Revenue	22,155	18,062
Microsoft 365 Commercial Products and Cloud Services
Revenue from External Customer [Line Items]
Revenue	20,449	18,044
Gaming
Revenue from External Customer [Line Items]
Revenue	5,621	3,919
Windows and Devices
Revenue from External Customer [Line Items]
Revenue	4,329	4,340
LinkedIn
Revenue from External Customer [Line Items]
Revenue	4,292	3,913
Search and News Advertising
Revenue from External Customer [Line Items]
Revenue	3,225	3,018
Enterprise and Partner Services
Revenue from External Customer [Line Items]
Revenue	1,928	1,944
Dynamics Products and Cloud Services
Revenue from External Customer [Line Items]
Revenue	1,849	1,626
Microsoft 365 Consumer Products and Cloud Services
Revenue from External Customer [Line Items]
Revenue	1,727	1,643
Other
Revenue from External Customer [Line Items]
Revenue	$ 10	$ 8

Revenue Classified by Signifi_2

Revenue Classified by Significant Product and Service Offerings (Parenthetical) (Detail) - USD ($) $ in Millions	3 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Revenue from External Customer [Line Items]
Revenue	$ 65,585	$ 56,517
Microsoft Cloud
Revenue from External Customer [Line Items]
Revenue	$ 38,900	$ 31,900