v3.25.4
CASH FLOWS STATEMENTS - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2025
Dec. 31, 2024
Operations        
Net income $ 38,458 $ 24,108 $ 66,205 $ 48,775
Adjustments to reconcile net income to net cash from operations:        
Depreciation, amortization, and other 9,198 5,667 17,345 12,383
Stock-based compensation expense 3,219 3,089 6,202 5,921
Net recognized losses (gains) on investments and derivatives (9,931) 2,136 (6,024) 2,678
Deferred income taxes 4,446 (1,158) 6,937 (2,591)
Changes in operating assets and liabilities:        
Accounts receivable (3,436) (5,978) 13,054 8,059
Inventories 70 711 (122) 338
Other current assets 619 (353) (543) (435)
Other long-term assets (1,288) (1,089) (1,682) (2,850)
Accounts payable 1,197 958 583 42
Unearned revenue (7,483) (6,338) (12,901) (11,891)
Income taxes (920) (3,395) (3,864) (2,379)
Other current liabilities 2,802 3,217 (2,705) (2,262)
Other long-term liabilities (1,193) 716 (1,670) 683
Net cash from operations 35,758 22,291 80,815 56,471
Financing        
Repayments of debt, maturities of 90 days or less 0 0 0 (5,746)
Repayments of debt (3,000) 0 (3,000) (966)
Common stock issued 259 256 948 962
Common stock repurchased (7,415) (4,986) (13,065) (9,093)
Common stock cash dividends paid (6,762) (6,170) (12,931) (11,744)
Other, net (699) (343) (1,368) (1,232)
Net cash used in financing (17,617) (11,243) (29,416) (27,819)
Investing        
Additions to property and equipment (29,876) (15,804) (49,270) (30,727)
Acquisition of companies, net of cash acquired and divestitures, and purchases of intangible and other assets (455) (1,405) (1,033) (3,254)
Purchases of investments (9,845) (2,050) (27,516) (3,670)
Maturities of investments 12,417 2,604 18,448 4,740
Sales of investments 5,691 2,559 8,953 4,527
Other, net (637) (16) (6,846) (929)
Net cash used in investing (22,705) (14,112) (57,264) (29,313)
Effect of foreign exchange rates on cash and cash equivalents 11 (294) (81) (172)
Net change in cash and cash equivalents (4,553) (3,358) (5,946) (833)
Cash and cash equivalents, beginning of period 28,849 20,840 30,242 18,315
Cash and cash equivalents, end of period $ 24,296 $ 17,482 $ 24,296 $ 17,482