XML 32 R19.htm IDEA: XBRL DOCUMENT v3.22.2.2
UNEARNED REVENUE
 3 Months Ended
Sep. 30, 2022
Revenue From Contract With Customer [Abstract]  
UNEARNED REVENUE

NOTE 12 — UNEARNED REVENUE

Unearned revenue by segment was as follows:

 

(In millions)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30,

2022

 

 

June 30,
2022

 

 

 

 

Productivity and Business Processes

 

$

22,405

 

 

$

24,558

 

Intelligent Cloud

 

 

17,294

 

 

 

19,371

 

More Personal Computing

 

 

4,190

 

 

 

4,479

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

$

43,889

 

 

$

48,408

 

 

 

 

 

 

 

 

 

 

 

Changes in unearned revenue were as follows:

 

(In millions)

 

 

 

 

 

 

 

Three Months Ended September 30, 2022

 

 

 

Balance, beginning of period

 

$

48,408

 

Deferral of revenue

 

 

23,577

 

Recognition of unearned revenue

 

 

(28,096

)

 

 

 

 

 

 

 

Balance, end of period

 

$

43,889

 

 

 

 

 

 

 

 

Revenue allocated to remaining performance obligations, which includes unearned revenue and amounts that will be invoiced and recognized as revenue in future periods, was $183 billion as of September 30, 2022, of which $180 billion is related to the commercial portion of revenue. We expect to recognize approximately 45% of this revenue over the next 12 months and the remainder thereafter.