Financial Report

6 Months Ended
Document and Entity Information - shares

Dec. 31, 2016
Document Type 10-Q
Amendment Flag false
Document Period End Date Dec. 31,
Document Fiscal Year Focus 2016 2,017
Document Fiscal Period Focus Q2
Trading Symbol MSFT
Entity Registrant Name MICROSOFT CORPORATION
Entity Central Index Key 789,019
Current Fiscal Year End Date --06-30
Entity Filer Category Large Accelerated Filer
Entity Common Stock, Shares Outstanding
Jan. 20, 2017
7,727,529,820
INCOME STATEMENTS - USD ($) shares in Millions, $ in Millions
Revenue
Product
Service and other
Total revenue
Cost of revenue
Product
Service and other
Total cost of revenue
Gross margin
Research and development
Sales and marketing
General and administrative
Operating income
Other income (expense), net
Income before income taxes
Provision for income taxes
Net income
Earnings per share:
Basic
Diluted
Weighted average shares outstanding:
Basic
Diluted
Cash dividends declared per common share
3 Months Ended 6 Months Ended
Dec. 31, 2016 Dec. 31, 2015 Dec. 31, 2016 Dec. 31, 2015
$ 16,537 $ 17,974 $ 30,030 $ 33,193

7,553 5,822 14,513 10,982
24,090 23,796 44,543 44,175
5,378 6,268 8,959 10,303

4,523 3,604 8,786 6,776
9,901 9,872 17,745 17,079
14,189 13,924 26,798 27,096
3,062 2,900 6,168 5,862
4,071 3,960 7,304 7,293
879 1,038 1,924 2,122
6,177 6,026 11,402 11,819
186 (171) 286 (451)
6,363 5,855 11,688 11,368
1,163 837 1,798 1,448
$ 5,200 $ 5,018 $ 9,890 $ 9,920
$ 0.67 $ 0.63 $ 1.27 $ 1.24

$ 0.66 $ 0.62 $ 1.26 $ 1.23
7,755 7,964 7,772 7,980

7,830 8,051 7,853 8,068
$ 0.39 $ 0.36 $ 0.78 $ 0.72
COMPREHENSIVE INCOME STATEMENTS - USD ($) $ in Millions
Net income
Other comprehensive income (loss):
Net unrealized gains (losses) on derivatives (net of tax effects of $0, $5, $(2), and $28)
Net unrealized gains (losses) on investments (net of tax effects of $(535), $86, $(491), and $(222))
Translation adjustments and other (net of tax effects of $0, $(9), $7, and $(21))
Other comprehensive income (loss)
Comprehensive income
Dec. 31, 2016 Dec. 31, 2015 Dec. 31, 2016 Dec. 31, 2015
$ 5,200 $ 5,018 $ 9,890 $ 9,920
280 (49) 243 8

(994) 160 (911) (411)
(455) (76) (357) (346)
(1,169) 35 (1,025) (749)
$ 4,031 $ 5,053 $ 8,865 $ 9,171
COMPREHENSIVE INCOME STATEMENTS (Parenthetical) - USD ($) $ in Millions
Net unrealized gains (losses) on derivatives, tax effects

Net unrealized gains (losses) on investments, tax effects
Translation adjustments and other, tax effects
Dec. 31, 2016 Dec. 31, 2015 Dec. 31, 2016 Dec. 31, 2015
$0 $5 $ (2) $ 28
(535) 86 (491) (222)
$0 $ (9) $7 $ (21)
BALANCE SHEETS - USD ($) $ in Millions
Current assets:
Cash and cash equivalents
Short-term investments (including securities loaned of $1,230 and $204)
Total cash, cash equivalents, and short-term investments
Accounts receivable, net of allowance for doubtful accounts of $340 and $426
Inventories
Other
Total current assets
Property and equipment, net of accumulated depreciation of $21,888 and $19,800
Equity and other investments
Goodwill
Intangible assets, net
Other long-term assets
Total assets
Current liabilities:
Accounts payable
Short-term debt
Current portion of long-term debt
Accrued compensation
Income taxes
Short-term unearned revenue
Securities lending payable
Other
Total current liabilities
Long-term debt
Long-term unearned revenue
Deferred income taxes
Other long-term liabilities
Total liabilities
Commitments and contingencies
Stockholders' equity:
Common stock and paid-in capitalshares authorized 24,000; outstanding 7,730 and 7,808
Retained earnings
Accumulated other comprehensive income
Total stockholders' equity
Total liabilities and stockholders' equity
Dec. 31, 2016 Jun. 30, 2016
$ 8,468 $ 6,510
114,313 106,730
122,781 113,240
14,343 18,277
1,961 2,251
5,864 5,892
144,949 139,660
21,379 18,356
8,912 10,431
34,524 17,872
11,001 3,733
3,845 3,416
224,610 193,468
6,580 6,898
25,065 12,904
599 0
3,982 5,264
508 580
26,085 27,468
1,280 294
6,688 5,949
70,787 59,357
59,306 40,557
8,595 6,441
1,133 1,476
15,980 13,640
155,801 121,471
68,177 68,178
120 2,282
512 1,537
68,809 71,997
$ 224,610 $ 193,468
BALANCE SHEETS (Parenthetical) - USD ($) $ in Millions Dec. 31, 2016
Short-term investments, securities loaned $ 1,230
Accounts receivable, allowance for doubtful accounts 340
Property and equipment, accumulated depreciation $ 21,888
Common stock, shares authorized 24,000,000,000
Common stock, outstanding 7,730,000,000
Jun. 30, 2016
$ 204
426
$ 19,800
24,000,000,000
7,808,000,000
CASH FLOWS STATEMENTS - USD ($) $ in Millions
Operations
Net income
Adjustments to reconcile net income to net cash from operations:
Depreciation, amortization, and other
Stock-based compensation expense
Net recognized losses (gains) on investments and derivatives
Deferral of unearned revenue
Recognition of unearned revenue
Changes in operating assets and liabilities:
Accounts receivable
Inventories
Other current assets
Other long-term assets
Accounts payable
Other current liabilities
Other long-term liabilities
Net cash from operations
Financing
Repayments of short-term debt, maturities of 90 days or less, net
Proceeds from issuance of debt
Repayments of debt
Common stock issued
Common stock repurchased
Common stock cash dividends paid
Other
Net cash from (used in) financing
Investing
Additions to property and equipment
Acquisition of companies, net of cash acquired, and purchases of intangible and other assets
Purchases of investments
Maturities of investments
Sales of investments
Securities lending payable
Net cash used in investing
Effect of foreign exchange rates on cash and cash equivalents
Net change in cash and cash equivalents
Cash and cash equivalents, beginning of period
Cash and cash equivalents, end of period
Dec. 31, 2016 Dec. 31, 2015 Dec. 31, 2016 Dec. 31, 2015
$ 5,200 $ 5,018 $ 9,890 $ 9,920
2,166 1,544 3,982 3,005

767 658 1,470 1,332
(652) 50 (963) 151
(587) (247) (572) (174)
14,141 12,570 26,724 22,993
(13,645) (11,929) (26,549) (23,284)
(2,711) (3,118) 4,463 3,258

1,132 1,104 265 167
1,309 (932) 343 (1,494)
(243) 56 (272) 51
99 369 (344) 234
(1,529) 105 (1,890) (1,919)
846 370 1,295 254
6,293 5,618 17,842 14,494
(3,755) (7,031) (7,145) (2,141)

17,069 13,128 42,046 13,249
(4,118) (121) (4,343) (1,871)
131 117 372 336
(3,599) (3,678) (7,961) (8,435)
(3,024) (2,868) (5,824) (5,343)
312 (65) 200 (243)
3,016 (518) 17,345 (4,448)
(1,988) (2,024) (4,151) (3,380)

(24,760) (381) (24,784) (771)
(46,775) (34,750) (103,956) (72,320)
8,715 5,351 17,374 11,037
48,987 28,191 81,310 56,693
1,070 285 986 347
(14,751) (3,328) (33,221) (8,394)
(18) (18) (8) (62)
(5,460) 1,754 1,958 1,590
13,928 5,431 6,510 5,595
$ 8,468 $ 7,185 $ 8,468 $ 7,185
STOCKHOLDERS' EQUITY STATEMENTS - USD ($) $ in Millions Total
Balance, beginning of period at Jun. 30, 2015
Common stock cash dividends $ (2,868)
Balance, end of period at Sep. 30, 2015
Balance, beginning of period at Jun. 30, 2015
Common stock issued
Net income 9,920
Other comprehensive income (loss) (749)
Common stock cash dividends
Other, net
Balance, end of period at Dec. 31, 2015 76,780
Balance, beginning of period at Sep. 30, 2015
Common stock issued
Net income 5,018
Other comprehensive income (loss) 35
Common stock cash dividends (2,842)
Other, net
Balance, beginning of period at Jun. 30, 2016 71,997
Balance, end of period at Sep. 30, 2016
Balance, beginning of period at Jun. 30, 2016 71,997
Common stock issued
Net income 9,890
Other comprehensive income (loss) (1,025)
Common stock cash dividends
Other, net
Balance, beginning of period at Sep. 30, 2016
Common stock issued
Net income 5,200
Other comprehensive income (loss) (1,169)
Other, net
Balance, end of period at Dec. 31, 2016 $ 68,809
Common stock and paid-in capital Retained earnings
$ 68,465 $ 9,096
67,811 7,896
68,465 9,096
336
9,920
(5,708)
(2,157) (6,278)
1,332
1
67,977 7,030
67,811 7,896
117
5,018
(2,846)
(609) (3,038)
658
0
67,977 7,030
68,178 2,282
67,747 944
68,178 2,282
372
9,890
(6,028)
(1,935) (6,024)
1,470
92
68,177 120
67,747 944
131
5,200
(3,003)
(561) (3,021)
767
93
$ 68,177 $ 120
$ 2,522
1,738
2,522
(749)
1,773
1,738
35
1,773
1,537
1,681
1,537
(1,025)
512
1,681
(1,169)
$ 512
ACCOUNTING
POLICIES
ACCOUNTING POLICIES
6 Months Ended
Dec. 31, 2016
NOTE 1 ACCOUNTING POLICIES Accounting Principles We prepare our unaudited interim
consolidated financial statements in accordance with accounting principles generally accepted in
EARNINGS PER
SHARE
EARNINGS PER SHARE
6 Months Ended
Dec. 31, 2016
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
OTHER INCOME (EXPENSE),
NET
OTHER INCOME (EXPENSE), NET
6 Months Ended
Dec. 31, 2016
NOTE 3 OTHER INCOME (EXPENSE), NET The components of other income (expense), net were as
follows:
INVESTMENT
S
INVESTMENTS
6 Months Ended
Dec. 31, 2016
NOTE 4 INVESTMENTS Investment Components The components of investments, including
associated derivatives, but excluding held-to-maturity investments, were as follows:
DERIVATIVES
DERIVATIVES
6 Months Ended
Dec. 31, 2016
NOTE 5 DERIVATIVES We use derivative instruments to manage risks related to foreign currencies,
equity prices, interest rates, and credit; to enhance investment returns; and to facilitate portfolio
FAIR VALUE
MEASUREMENTS
FAIR VALUE MEASUREMENTS
6 Months Ended
Dec. 31, 2016
NOTE 6 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
INVENTORIE
S
INVENTORIES
6 Months Ended
Dec. 31, 2016
NOTE 7 INVENTORIES The components of inventories were as follows:
(In millions)
BUSINESS
COMBINATIONS
BUSINESS COMBINATIONS
6 Months Ended
Dec. 31, 2016
NOTE 8 BUSINESS COMBINATIONS On December 8, 2016, we completed our acquisition of all of
the issued and outstanding shares of LinkedIn, the worlds largest professional network on the
GOODWIL
L
GOODWILL
6 Months Ended
Dec. 31, 2016
NOTE 9 GOODWILL Changes in the carrying amount of goodwill were as follows:
(In millions)
INTANGIBLE
ASSETS
INTANGIBLE ASSETS
6 Months Ended
Dec. 31, 2016
NOTE 10 INTANGIBLE ASSETS The components of intangible assets, all of which are finite-lived,
were as follows:
DEBT
DEBT
6 Months Ended
Dec. 31, 2016
NOTE 11 DEBT Short-term Debt As of December 31, 2016, we had $25.1 billion of commercial
paper issued and outstanding, with a weighted-average interest rate of 0.78% and maturities
INCOME
TAXES
INCOME TAXES
6 Months Ended
Dec. 31, 2016
NOTE 12 INCOME TAXES Our effective tax rate for the three months ended December 31, 2016
and 2015 was 18% and 14%, respectively, and our effective tax rate for the six months ended
RESTRUCTURING
CHARGES
RESTRUCTURING CHARGES
6 Months Ended
Dec. 31, 2016
NOTE 13 RESTRUCTURING CHARGES Phone Hardware Restructuring In June 2015, management
approved a plan to restructure our phone business to better focus and align resources (the Phone
UNEARNED
REVENUE
UNEARNED
REVENUE
6 Months Ended
Dec. 31, 2016
NOTE 14 UNEARNED REVENUE Unearned revenue by segment was as follows:
(In millions)
COMMITMENTS AND
CONTINGENCIES
COMMITMENTS AND CONTINGENCIES
6 Months Ended
Dec. 31, 2016
NOTE 15 COMMITMENTS AND CONTINGENCIES Capital Lease Commitments We have capital
leases for datacenters and corporate offices. As of December 31, 2016 and June 30, 2016, assets
STOCKHOLDERS'
EQUITY
STOCKHOLDERS' EQUITY
6 Months Ended
Dec. 31, 2016
NOTE 16 STOCKHOLDERS EQUITY Share Repurchases On September 16, 2013, our Board of
Directors approved a share repurchase program authorizing up to $40.0 billion in share repurchases.
ACCUMULATED OTHER COMPREHENSIVE
INCOME
ACCUMULATED OTHER COMPREHENSIVE
INCOME
6 Months Ended
Dec. 31, 2016
NOTE 17 ACCUMULATED OTHER COMPREHENSIVE INCOME The following table summarizes the
changes in accumulated other comprehensive income by component:
SEGMENT
INFORMATION
SEGMENT INFORMATION
6 Months Ended
Dec. 31, 2016
NOTE 18 SEGMENT INFORMATION In its operation of the business, management, including our
chief operating decision maker, who is also our Chief Executive Officer, reviews certain financial
ACCOUNTING POLICIES (Policies)
Accounting Principles
Principles of Consolidation
Estimates and Assumptions
Product Revenue and Service and Other Revenue
Recent Accounting Guidance Not Yet Adopted
Earnings Per Share Policy
Derivative Instruments Policy
Fair Value Measurements Policy
Segment Reporting Policy
6 Months Ended
Dec. 31, 2016
Accounting Principles We prepare our unaudited interim consolidated financial statements in
accordance
Principles ofwith accounting
Consolidation principles
The generally
consolidated accepted
financial in the United
statements includeStates of America
the accounts (U.S.
of Microsoft
Corporation
Estimates andand its subsidiaries.
Assumptions Intercompany
Preparing financial transactions and balances
statements requires have been
management eliminated.
to make estimates
and assumptions
Product Revenue andthat Service
affect theandreported amountsProduct
Other Revenue of assets, liabilities,
revenue revenue,
includes salesandfromexpenses.
operating
systems; cross-device productivity applications; server applications; business solution
Recent Accounting Guidance Not Yet Adopted Financial Instruments Credit Losses In June 2016, the applications;
Financial Accounting
Basic earnings Standards
per share (EPS)Board (FASB)based
is computed issuedona the
newweighted
standardaverage
to replace the incurred
number loss
of shares of
common stock
Derivative outstanding
instruments during the period.
are recognized Diluted
as either assetsEPS is computed
or liabilities and based on the weighted
are measured at fair value.
Theaccount
We accounting for changes
for certain assetsinand
the liabilities
fair valueatoffair
a derivative
value. The depends
hierarchyon below
the intended uselevels
lists three of theof fair
value based on the extent to which inputs used in measuring fair value are observable
Corporate and Other includes adjustments to conform our internal accounting policies to U.S. in the GAAP,
and impairment, integration, and restructuring expenses. Significant internal accounting policies
EARNINGS PER SHARE (Tables)
Basic and Diluted Earnings Per Share

6 Months Ended
Dec. 31, 2016
The components of basic and diluted EPS were as follows:
(In millions, except earnings per share)
OTHER INCOME (EXPENSE), NET (Tables)
Components of Other Income (Expense), Net

Net Recognized Gains (Losses) on Investments
6 Months Ended
Dec. 31, 2016
The components of other income (expense), net were as follows:
(In millions)
Following are details of net recognized gains (losses) on investments during the periods reported:
(In millions)
INVESTMENTS (Tables)
Investment Components, Including Associated Derivatives but Excluding Held to Maturity

Investments
Unrealized Losses on Investments
Debt Investment Maturities
6 Months Ended
Dec. 31, 2016
The components of investments, including associated derivatives, but excluding held-to-maturity
investments, werecontinuous
Investments with as follows:unrealized losses for less than 12 months and 12 months or greater
and their
Debt related fair
Investment values were as follows:
Maturities
(In millions)
DERIVATIVES (Tables)
Fair Values of Derivative Instruments

Non-designated Hedge Derivatives
Gains (Losses) on Derivative Instruments
Fair value hedging
Cash flow hedging
6 Months Ended
Dec. 31, 2016
The following table presents the fair values of derivative instruments designated as hedging
instruments (designated hedge derivatives) and not designated as hedging instruments (non-
Gains (losses) from changes in fair values of derivatives that are not designated as hedges are
primarily recognized in other income (expense), net. These amounts are shown in the table below,
We recognized in other income (expense), net the following gains (losses) on contracts designated
as fair-value hedges and their related hedged items:
We recognized the following gains (losses) on foreign exchange contracts designated as cash-flow
hedges:
FAIR VALUE MEASUREMENTS (Tables)
Assets and Liabilities Measured at Fair Value on Recurring Basis

Reconciliation of Total Assets Measured at Fair Value on Recurring Basis to Balance Sheet
Presentation
6 Months Ended
Dec. 31, 2016
The following tables present the fair value of our financial instruments that are measured at fair
value on a recurring
The following basis:
table reconciles the total Net Fair Value of assets above to the balance sheet
presentation of these same assets in Note 4 Investments.
INVENTORIES (Tables)
Components of Inventories
6 Months Ended
Dec. 31, 2016
The components of inventories were as follows:
(In millions)
BUSINESS COMBINATIONS (Tables) - LinkedIn Corporation
Major Classes of Assets and Liabilities to Which We Have Preliminarily Allocated the Purchase Price
Acquired Intangible Assets
Supplemental Consolidated Results on Unaudited Pro Forma Basis, as If the Acquisition Had Been
Consummated on Beginning of Period
6 Months Ended
Dec. 31, 2016
The major classes of assets and liabilities to which we have preliminarily allocated the purchase
price wereare
Following as the
follows:
details of the purchase price allocated to the intangible assets acquired:
(In millions)
Following are the supplemental consolidated results of Microsoft Corporation on an unaudited pro
forma basis, as if the acquisition had been consummated on July 1, 2015:
GOODWILL (Tables)
Carrying Amount of Goodwill

6 Months Ended
Dec. 31, 2016
Changes in the carrying amount of goodwill were as follows:
(In millions)
INTANGIBLE ASSETS (Tables)
Finite-Lived Intangible Assets

Estimated Future Amortization Expense Related to Intangible Assets
6 Months Ended
Dec. 31, 2016
The components of intangible assets, all of which are finite-lived, were as follows:
(In
Themillions)
following table outlines the estimated future amortization expense related to intangible assets
held as of December 31, 2016:
DEBT (Tables)
Long-term Debt
6 Months Ended
Dec. 31, 2016
The components of our long-term debt, including the current portion, and the associated interest
rates were as follows as of December 31, 2016 and June 30, 2016:
RESTRUCTURING CHARGES (Tables)
Changes in Restructuring Liability

6 Months Ended
Dec. 31, 2016
Changes in the restructuring liability were as follows:
(In millions)
UNEARNED REVENUE (Tables)
Unearned Revenue by Segment

6 Months Ended
Dec. 31, 2016
Unearned revenue by segment was as follows:
(In millions)
COMMITMENTS AND CONTINGENCIES (Tables)
Future Minimum Lease Payments under Non-cancellable Capital Leases

6 Months Ended
Dec. 31, 2016
Future minimum lease payments under non-cancellable capital leases as of December 31, 2016 are
as follows:
STOCKHOLDERS' EQUITY (Tables)
Share Repurchases
Dividends Declared
6 Months Ended
Dec. 31, 2016
We repurchased the following shares of our common stock through our share repurchase program
approved
Our Boardon
of September 16, 2013:
Directors declared the following dividends:
Declaration Date
ACCUMULATED OTHER COMPREHENSIVE INCOME (Tables)
Summary of Changes in Accumulated Other Comprehensive Income by Component

6 Months Ended
Dec. 31, 2016
The following table summarizes the changes in accumulated other comprehensive income by
component:
SEGMENT INFORMATION (Tables)
Segment Revenue
Operating Income (Loss) by Segment
6 Months Ended
Dec. 31, 2016
(In millions)
Three Months Ended December 31,
(In millions)
Three Months Ended December 31,
Basic and Diluted Earnings Per Share (Detail) - USD ($) $ / shares in Units, shares in
Millions, $ in Millions
Schedule of Earnings Per Share, Basic and Diluted, by Common Class [Line Items]
Net income available for common shareholders (A)
Weighted average outstanding shares of common stock (B)
Dilutive effect of stock-based awards
Common stock and common stock equivalents (C)
Earnings Per Share
Basic (A/B)
Diluted (A/C)
Dec. 31, 2016 Dec. 31, 2015 Dec. 31, 2016 Dec. 31, 2015
$ 5,200 $ 5,018 $ 9,890 $ 9,920

7,755 7,964 7,772 7,980
75 87 81 88
7,830 8,051 7,853 8,068
$ 0.67 $ 0.63 $ 1.27 $ 1.24

$ 0.66 $ 0.62 $ 1.26 $ 1.23
Components of Other Income (Expense), Net (Detail) - USD ($) $ in Millions
Components of Other Income (Expense) [Line Items]

Dividends and interest income
Interest expense
Net recognized gains on investments
Net losses on derivatives
Net gains (losses) on foreign currency remeasurements
Other
Total
Dec. 31, 2016 Dec. 31, 2015 Dec. 31, 2016 Dec. 31, 2015
$ 311 $ 200 $ 604 $ 399

(521) (309) (958) (558)
698 106 1,103 108
(46) (156) (140) (259)
(82) 2 (134) (34)
(174) (14) (189) (107)
$ 186 $ (171) $ 286 $ (451)
Net Recognized Gains (Losses) on Investments (Detail) - USD ($) $ in Millions
Gains (Losses) on Investments [Line Items]

Other-than-temporary impairments of investments
Realized gains from sales of available-for-sale securities
Realized losses from sales of available-for-sale securities
Total
Dec. 31, 2016 Dec. 31, 2015 Dec. 31, 2016 Dec. 31, 2015
$ (21) $ (127) $ (39) $ (162)

851 351 1,334 458
(132) (118) (192) (188)
$ 698 $ 106 $ 1,103 $ 108
Investment Components, Including Associated Derivatives but Excluding Held to Maturity
Investments (Detail) - USD ($) $ in Millions
Cash, Cash Equivalents and Investments [Line Items]
Cost Basis
Unrealized Gains
Unrealized Losses
Recorded Basis
Short-term Investments
Equity and Other Investments
Cash
Cash
Unrealized Gains
Unrealized Losses
Mutual funds
Cost Basis
Unrealized Gains
Unrealized Losses
Recorded Basis
Commercial paper
Cost Basis
Unrealized Gains
Unrealized Losses
Recorded Basis
Certificates of deposit
Cost Basis
Unrealized Gains
Unrealized Losses
Recorded Basis
U.S. government and agency securities
Cost Basis
Unrealized Gains
Unrealized Losses
Recorded Basis
Foreign government bonds
Cost Basis
Unrealized Gains
Unrealized Losses
Recorded Basis
Mortgage- and asset-backed securities
Cost Basis
Unrealized Gains
Unrealized Losses
Recorded Basis
Corporate notes and bonds
Cost Basis
Unrealized Gains
Unrealized Losses
Recorded Basis
Municipal securities
Cost Basis
Unrealized Gains
Unrealized Losses
Recorded Basis
Common and preferred stock
Cost Basis
Unrealized Gains
Unrealized Losses
Recorded Basis
Other investments
Cost Basis
Unrealized Gains
Unrealized Losses
Recorded Basis
Dec. 31, 2016 Sep. 30, 2016 Jun. 30, 2016 Dec. 31, 2015 Sep. 30, 2015
$ 128,474 $ 119,053
3,830 4,895
(637) (302)
131,667 123,646
8,468 $ 13,928 6,510 $ 7,185 $ 5,431
114,313 106,730
8,886 10,406
4,037 3,501
0 0
0 0
4,037 3,501
0 0
0 0
2,363 1,012
0 0
0 0
2,363 1,012
1,961 1,012
402 0
0 0
177 298
0 0
0 0
177 298
77 298
100 0
0 0
1,284 1,000
0 0
0 0
1,284 1,000
1,098 868
186 132
0 0
100,128 89,970
27 245
(415) (11)
99,740 90,204
1,052 100
98,688 90,104
0 0
4,747 5,502
3 10
(29) (18)
4,721 5,494
243 731
4,478 4,763
0 0
4,361 4,789
12 21
(7) (2)
4,366 4,808
0 0
4,366 4,808
0 0
5,736 6,509
64 110
(26) (35)
5,774 6,584
0 0
5,774 6,584
0 0
283 285
39 57
0 0
322 342
0 0
322 342
0 0
4,864 5,597
3,685 4,452
(160) (236)
8,389 9,813
0 0
0 0
8,389 9,813
494 590
0 0
0 0
494 590
0 0
(3) (3)
$ 497 $ 593
Jun. 30, 2015
$ 5,595
Investments - Cost Method - Additional Information (Detail) - USD ($) $ in Millions
Fair Value, Measurements, Nonrecurring
Schedule of Cost-method Investments [Line Items]
Recorded basis of common and preferred stock that are restricted for more than one year or are not
publicly traded
Dec. 31, 2016 Jun. 30, 2016
$ 815 $ 767
Investments - Secured Borrowings and Loaned Securities - Additional Information
(Detail) - USD ($) $ in Millions
Investment [Line Items]
Collateral received
Dec. 31, 2016 Jun. 30, 2016
$ 1,300 $ 294
Unrealized Losses on Investments (Detail) - USD ($) $ in Millions
Unrealized Losses on Investments [Line Items]
Less than 12 Months - Fair Value
Less than 12 Months - Unrealized Losses
12 Months or Greater - Fair Value
12 Months or Greater - Unrealized Losses
Total Fair Value
Total Unrealized Losses
U.S. government and agency securities
Total Fair Value
Foreign government bonds
Total Fair Value
Mortgage- and asset-backed securities
Total Fair Value
Corporate notes and bonds
Total Fair Value
Common and preferred stock
Total Fair Value
Dec. 31, 2016 Jun. 30, 2016
$ 92,776 $ 12,188
(504) (165)
1,424 1,967
(133) (137)
94,200 14,155
(637) (302)
86,391 5,816
(403) (3)
375 432
(12) (8)
86,766 6,248
(415) (11)
3,721 3,452
(10) (3)
35 35
(19) (15)
3,756 3,487
(29) (18)
887 844
(6) (1)
199 322
(1) (1)
1,086 1,166
(7) (2)
1,100 1,180
(14) (11)
408 788
(12) (24)
1,508 1,968
(26) (35)
677 896
(71) (147)
407 390
(89) (89)
1,084 1,286
$ (160) $ (236)
Debt Investment Maturities (Detail) $ in Millions Dec. 31, 2016USD ($)
Cost Basis
Due in one year or less $ 16,027
Due after one year through five years 94,925
Due after five years through 10 years 4,470
Due after 10 years 1,294
Total 116,716
Estimated Fair Value
Due in one year or less 16,026
Due after one year through five years 94,669
Due after five years through 10 years 4,402
Due after 10 years 1,287
Total $ 116,384
Derivatives - Additional Information (Detail) - USD ($)
Derivative [Line Items]

Maximum length of time hedged in cash flow hedge
Minimum required liquidity under certain counterparty agreements
Minimum liquidity for the period as defined by certain counterparty agreements
Estimated derivative net gains (losses) included in AOCI that will be reclassified into earnings within
12 months
Senior Unsecured Obligations
Debt instrument credit rating
Derivatives Sold | Foreign Exchange Contracts | Non-designated Hedge Derivatives
Notional amounts
Derivatives Sold | Equity Contracts
Notional amounts
Derivatives Sold | Equity Contracts | Designated Hedge Derivatives
Notional amounts
Derivatives Sold | Interest Rate Contracts | Non-designated Hedge Derivatives
Notional amounts
Derivatives Sold | Credit Contracts | Non-designated Hedge Derivatives
Notional amounts
Derivatives Sold | Commodity Contracts | Non-designated Hedge Derivatives
Notional amounts
Derivatives Sold | Cash flow hedging | Foreign Exchange Contracts
Notional amounts
Derivatives Sold | Fair value hedging | Foreign Exchange Contracts
Notional amounts
Derivatives Purchased | Foreign Exchange Contracts | Non-designated Hedge Derivatives
Notional amounts
Derivatives Purchased | Equity Contracts
Notional amounts
Derivatives Purchased | Equity Contracts | Designated Hedge Derivatives
Notional amounts
Derivatives Purchased | Interest Rate Contracts | Non-designated Hedge Derivatives
Notional amounts
Derivatives Purchased | Mortgage-backed securities | Non-designated Hedge Derivatives
Notional amounts
Derivatives Purchased | Credit Contracts | Non-designated Hedge Derivatives
Notional amounts
Derivatives Purchased | Commodity Contracts | Non-designated Hedge Derivatives
Notional amounts
6 Months Ended
Dec. 31, 2016 Jun. 30, 2016
3 years
$ 1,000,000,000
1,000,000,000
$ 490,000,000
AAA
$ 8,800,000,000 $ 11,700,000,000
1,800,000,000 2,200,000,000
764,000,000 986,000,000
520,000,000 2,400,000,000
144,000,000 273,000,000
157,000,000 162,000,000
6,700,000,000 8,400,000,000
4,500,000,000 5,300,000,000
7,800,000,000 12,000,000,000
1,200,000,000 1,300,000,000
567,000,000 737,000,000
453,000,000 328,000,000
570,000,000 548,000,000
359,000,000 440,000,000
$ 542,000,000 $ 631,000,000
Fair Values of Derivative Instruments (Detail) - USD ($) $ in Millions
Derivatives, Fair Value [Line Items]
Derivative Assets
Net amount, assets
Short-term Investments | Eligible for Offsetting
Derivative Assets
Gross amounts of derivatives offset on the balance sheet, assets
Net amounts presented on the balance sheet, assets
Gross amounts of derivatives not offset on the balance sheet, assets
Cash collateral received, assets
Short-term Investments | Non-designated Hedge Derivatives
Derivative Assets
Short-term Investments | Non-designated Hedge Derivatives | Foreign Exchange Contracts
Derivative Assets
Short-term Investments | Non-designated Hedge Derivatives | Equity Contracts
Derivative Assets
Short-term Investments | Non-designated Hedge Derivatives | Interest Rate Contracts
Derivative Assets
Short-term Investments | Non-designated Hedge Derivatives | Credit Contracts
Derivative Assets
Short-term Investments | Non-designated Hedge Derivatives | Commodity Contracts
Derivative Assets
Short-term Investments | Designated Hedge Derivatives
Derivative Assets
Short-term Investments | Designated Hedge Derivatives | Foreign Exchange Contracts
Derivative Assets
Short-term Investments | Designated Hedge Derivatives | Equity Contracts
Derivative Assets
Other Current Assets
Derivative Assets
Net amount, assets
Other Current Assets | Eligible for Offsetting
Derivative Assets
Other Current Assets | Non-designated Hedge Derivatives
Derivative Assets
Other Current Assets | Non-designated Hedge Derivatives | Foreign Exchange Contracts
Derivative Assets
Other Current Assets | Non-designated Hedge Derivatives | Equity Contracts
Derivative Assets
Other Current Assets | Non-designated Hedge Derivatives | Interest Rate Contracts
Derivative Assets
Other Current Assets | Non-designated Hedge Derivatives | Credit Contracts
Derivative Assets
Other Current Assets | Non-designated Hedge Derivatives | Commodity Contracts
Derivative Assets
Other Current Assets | Designated Hedge Derivatives
Derivative Assets
Other Current Assets | Designated Hedge Derivatives | Foreign Exchange Contracts
Derivative Assets
Other Current Assets | Designated Hedge Derivatives | Equity Contracts
Derivative Assets
Derivative Assets
Net amount, assets
Equity and Other Investments | Eligible for Offsetting
Derivative Assets
Equity and Other Investments | Non-designated Hedge Derivatives
Derivative Assets
Equity and Other Investments | Non-designated Hedge Derivatives | Foreign Exchange Contracts
Derivative Assets
Equity and Other Investments | Non-designated Hedge Derivatives | Equity Contracts
Derivative Assets
Equity and Other Investments | Non-designated Hedge Derivatives | Interest Rate Contracts
Derivative Assets
Equity and Other Investments | Non-designated Hedge Derivatives | Credit Contracts
Derivative Assets
Equity and Other Investments | Non-designated Hedge Derivatives | Commodity Contracts
Derivative Assets
Equity and Other Investments | Designated Hedge Derivatives
Derivative Assets
Equity and Other Investments | Designated Hedge Derivatives | Foreign Exchange Contracts
Derivative Assets
Equity and Other Investments | Designated Hedge Derivatives | Equity Contracts
Derivative Assets
Other Current Liabilities
Derivative Liabilities
Net amount, liabilities
Other Current Liabilities | Eligible for Offsetting
Gross amounts of derivatives offset on the balance sheet, liabilities
Net amounts presented on the balance sheet, liabilities
Gross amounts of derivatives not offset on the balance sheet, liabilities
Cash collateral received, liabilities
Other Current Liabilities | Non-designated Hedge Derivatives
Other Current Liabilities | Non-designated Hedge Derivatives | Foreign Exchange Contracts
Other Current Liabilities | Non-designated Hedge Derivatives | Equity Contracts
Other Current Liabilities | Non-designated Hedge Derivatives | Interest Rate Contracts
Other Current Liabilities | Non-designated Hedge Derivatives | Credit Contracts
Other Current Liabilities | Non-designated Hedge Derivatives | Commodity Contracts
Other Current Liabilities | Designated Hedge Derivatives
Other Current Liabilities | Designated Hedge Derivatives | Foreign Exchange Contracts
Other Current Liabilities | Designated Hedge Derivatives | Equity Contracts
Dec. 31, 2016 Jun. 30, 2016
$ 348 $ 73
346 (5)
348 69
(2) (74)
346 (5)
0 0
0 0
55 72
23 33
20 23
5 10
6 6
1 0
293 1
293 1
0 0
772 548
545 246
772 548
(227) (302)
545 246
0 0
0 0
229 156
229 156
0 0
0 0
0 0
0 0
543 392
543 392
0 0
1 18
(24) (7)
1 18
(25) (25)
(24) (7)
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
1 18
0 0
1 18
(276) (630)
(573) (482)
(275) (630)
251 398
(24) (232)
(1) 0
(548) (250)
(250) (342)
(238) (296)
(4) (16)
(5) (25)
(3) (5)
0 0
(26) (288)
0 (263)
$ (26) $ (25)
Gains (Losses) on Fair Value Hedges and Related Hedged Items (Detail) - USD ($) $ in
Millions
Foreign Exchange Contracts
Derivative Instruments, Gain (Loss) [Line Items]
Derivatives
Hedged items
Total amount of ineffectiveness
Equity Contracts
Derivatives
Hedged items
Total amount of ineffectiveness
Amount of equity contracts excluded from effectiveness assessment
Dec. 31, 2016 Dec. 31, 2015 Dec. 31, 2016 Dec. 31, 2015
$ 685 $ 48 $ 637 $ (33)

(674) (41) (606) 50
11 7 31 17
(7) (59) (17) (92)

7 59 17 92
0 0 0 0
$ (1) $ (15) $ (4) $4
Gains (Losses) Related to Cash Flow Hedges (Detail) - Designated Hedge Derivatives -
Foreign Exchange Contracts - USD ($) $ in Millions
Effective Portion
Gains recognized in other comprehensive income (net of tax effects of $3, $15, $4, and $43)
Gains reclassified from accumulated other comprehensive income into revenue
Amount Excluded from Effectiveness Assessment and Ineffective Portion
Losses recognized in other income (expense), net
Dec. 31, 2016 Dec. 31, 2015 Dec. 31, 2016 Dec. 31, 2015
$ 449 $ 122 $ 484 $ 283

172 181 247 290
$ (84) $ (72) $ (154) $ (154)

Gains (Losses) Related to Cash Flow Hedges (Parenthetical) (Detail) - USD ($) $ in
Millions
Designated Hedge Derivatives | Foreign Exchange Contracts
Gains recognized in other comprehensive income, tax effects
Dec. 31, 2016 Dec. 31, 2015 Dec. 31, 2016 Dec. 31, 2015
$3 $ 15 $4 $ 43
Non-Designated Derivative Gains (Losses) (Detail) - USD ($) $ in Millions

Changes in fair value of derivatives not designated as hedges
Foreign Exchange Contracts
Equity Contracts
Interest Rate Contracts
Credit Contracts
Commodity Contracts
Dec. 31, 2016 Dec. 31, 2015 Dec. 31, 2016 Dec. 31, 2015
$ 15 $ (205) $ (49) $ (202)
26 (134) (5) (75)
(25) (30) (42) 4
(10) 9 (6) 8
2 2 4 (3)
$ 22 $ (52) $0 $ (136)
Assets and Liabilities Measured at Fair Value on
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line
Items]
Assets
Gross
Items]
Assets
Gross | Level 1
Items]
Assets
Gross | Level 2
Items]
Assets
Gross | Level 3
Items]
Assets
Gross | Derivatives and other
Items]
Liabilities
Gross | Derivatives and other | Level 1
Items]
Liabilities
Items]
Liabilities
Items]
Liabilities
Netting
Items]
Assets
Netting | Derivatives and other
Items]
Liabilities
Net
Items]
Assets
Net | Derivatives and other
Items]
Liabilities
Mutual funds | Gross
Items]
Assets
Mutual funds | Gross | Level 1
Items]
Assets
Items]
Assets
Items]
Assets
Mutual funds | Netting
Items]
Assets
Mutual funds | Net
Items]
Assets
Commercial paper | Gross
Items]
Assets
Commercial paper | Gross | Level 1
Items]
Assets
Items]
Assets
Items]
Assets
Commercial paper | Netting
Items]
Assets
Commercial paper | Net
Items]
Assets
Certificates of deposit | Gross
Items]
Assets
Certificates of deposit | Gross | Level 1
Items]
Assets
Items]
Assets
Items]
Assets
Certificates of deposit | Netting
Items]
Assets
Certificates of deposit | Net
Items]
Assets
U.S. government and agency securities | Gross
Items]
Assets
U.S. government and agency securities | Gross | Level 1
Items]
Assets
Items]
Assets
Items]
Assets
U.S. government and agency securities | Netting
Items]
Assets
U.S. government and agency securities | Net
Items]
Assets
Foreign government bonds | Gross
Items]
Assets
Foreign government bonds | Gross | Level 1
Items]
Assets
Items]
Assets
Items]
Assets
Foreign government bonds | Netting
Items]
Assets
Foreign government bonds | Net
Items]
Assets
Mortgage- and asset-backed securities | Gross
Items]
Assets
Mortgage- and asset-backed securities | Gross | Level 1
Items]
Assets
Items]
Assets
Items]
Assets
Mortgage- and asset-backed securities | Netting
Items]
Assets
Mortgage- and asset-backed securities | Net
Items]
Assets
Corporate notes and bonds | Gross
Items]
Assets
Corporate notes and bonds | Gross | Level 1
Items]
Assets
Items]
Assets
Items]
Assets
Corporate notes and bonds | Netting
Items]
Assets
Corporate notes and bonds | Net
Items]
Assets
Municipal securities | Gross
Items]
Assets
Municipal securities | Gross | Level 1
Items]
Assets
Items]
Assets
Items]
Assets
Municipal securities | Netting
Items]
Assets
Municipal securities | Net
Items]
Assets
Common and preferred stock | Gross
Items]
Assets
Common and preferred stock | Gross | Level 1
Items]
Assets
Items]
Assets
Items]
Assets
Common and preferred stock | Netting
Items]
Assets
Common and preferred stock | Net
Items]
Assets
Derivatives | Gross
Items]
Assets
Derivatives | Gross | Level 1
Items]
Assets
Items]
Assets
Items]
Assets
Derivatives | Netting
Items]
Assets
Derivatives | Net
Items]
Assets
[1]
r Value on Recurring Basis (Detail) - USD ($) $ in Millions
[1]
[1]
[1]
[1]
[1]
[1]
[1]
[1]
[1]
[1]
[1]
[1]
These amounts represent the impact of netting derivative assets and derivative liabilities when a lega
master netting agreement exists and fair value adjustments related to our own credit risk and counte
Dec. 31, 2016 Jun. 30, 2016
$ 126,867 $ 119,019
127,121 119,420
101,874 94,438
25,228 24,963
19 19
299 630
1 17
275 613
23 0
(254) (401)
(251) (398)
126,867 119,019
48 232
2,363 1,012
2,363 1,012
0 0
0 0
0 0
2,363 1,012
177 298
0 0
177 298
0 0
0 0
177 298
1,284 1,000
0 0
1,284 1,000
0 0
0 0
1,284 1,000
99,740 90,199
93,744 86,492
5,996 3,707
0 0
0 0
99,740 90,199
4,410 5,715
12 10
4,398 5,705
0 0
0 0
4,410 5,715
4,366 4,803
0 0
4,366 4,803
0 0
0 0
4,366 4,803
5,737 6,362
0 0
5,736 6,361
1 1
0 0
5,737 6,362
322 342
0 0
322 342
0 0
0 0
322 342
7,601 9,050
5,750 6,918
1,833 2,114
18 18
0 0
7,601 9,050
1,121 639
5 6
1,116 633
0 0
(254) (401)
$ 867 $ 238
when a legally enforceable

nd counterparty credit risk.
Reconciliation of Total Assets Measured at Fair Value on Recurring Basis to Balance Sheet
Presentation (Detail) - USD ($) $ in Millions
Items]
Net fair value of assets measured at fair value on a recurring basis
Other liabilities
Other assets
Recorded basis of investment components
Other Current Assets
Items]
Less derivative net assets classified as other current assets
Fair Value, Measurements, Recurring
Items]
Cash
Fair Value, Measurements, Nonrecurring
Items]
Common and preferred stock measured at fair value on a nonrecurring basis
Other investments measured at fair value on a nonrecurring basis
Dec. 31, 2016 Jun. 30, 2016
$ 126,867 $ 119,019
(4)
12
131,667 123,646
(545) (246)
4,037 3,501
815 767
$ 497 $ 593
Components of Inventories (Detail) - USD ($) $ in Millions
Inventory [Line Items]
Raw materials
Work in process
Finished goods
Total
Dec. 31, 2016 Jun. 30, 2016
$ 363 $ 612
98 158
1,500 1,481
$ 1,961 $ 2,251
Business Combinations - Additional Information (Detail) - LinkedIn Corporation - USD ($)
$ in Millions
Business Acquisition [Line Items]
Acquisition date
Name of acquired entity
Total purchase price
Cash paid to acquire the business
Revenue since the acquisition
Operating loss since the acquisition
Dec. 08, 2016 Dec. 31, 2016 Dec. 31, 2016
Dec. 8,
2016 LinkedIn
$ 27,000
$ 26,400
$ 228 $ 228
$ (201) $ (201)
Major Classes of Assets and Liabilities to Which We Have Prelimin
Goodwill
LinkedIn Corporation
Short-term investments
Other current assets
Property and equipment
Intangible assets
Goodwill
Short-term debt
Other current liabilities
Other
Total purchase price
[1]
[2]
e Preliminarily Allocated the Purchase Price (Detail) - USD ($) $ in Millions
[1]
[2]
Goodwill was assigned to our Productivity and Business Processes segment. The goodwill was primari
synergies that
Convertible are expected
senior to be
notes issued byachieved
LinkedIn from the integration
on November of LinkedIn.
12, 2014, Noneall
substantially ofof
the goodwill
which wereisree
2016. The remaining $18 million of notes are not redeemable and are included in long-term debt on o
Dec. 31, 2016 Dec. 08, 2016 Jun. 30, 2016
$ 34,524 $ 17,872
$ 1,328
2,110
697
1,565
7,867
16,813
(1,323)
(1,120)
(808)
(132)
$ 26,997
as primarily attributed to increased

oodwill
ch wereisredeemed
expected prior
to beto
deductible
December for
31,
m debt on our consolidated balance sheets.
Major Classes of Assets and Liabilities to Which We Have Preliminarily Allocated the
Purchase Price (Parenthetical) (Detail) - USD ($)
Business combination, long-term debt
LinkedIn Corporation
Goodwill expected to be deductible for income tax purposes
Business combination, long-term debt
Dec. 31, 2016 Dec. 08, 2016 Jun. 30, 2016
$ 60,490,000,000 $ 40,949,000,000
$0
$ 18,000,000
Acquired Intangible Assets (Detail) - LinkedIn Corporation $ in Millions
Acquired Finite-Lived Intangible Assets [Line Items]
Fair value of intangible assets acquired
Weighted Average Life
Technology-based
Contract-based
Customer-related
Marketing-related (trade names)
Dec. 08, 2016USD ($)
$ 7,867
9 years
$ 2,109
3 years
$ 23
5 years
$ 3,587
7 years
$ 2,148
20 years
Supplemental Consolidated Results on Unaudited Pro Forma Basis, as If the Acquisition
Had Been Consummated on Beginning of Period (Detail) - USD ($) $ / shares in Units, $ in
Millions
Revenue
Net income
Diluted earnings per share
Dec. 31, 2016 Dec. 31, 2015 Dec. 31, 2016 Dec. 31, 2015
$ 24,866 $ 24,629 $ 46,271 $ 45,739

$ 5,010 $ 4,685 $ 9,494 $ 9,150
$ 0.64 $ 0.58 $ 1.21 $ 1.14
Carrying Amount of Goodwill (Detail) $ in Millions
Goodwill [Line Items]

Beginning Balance
Acquisitions
Other
Ending Balance
Productivity and Business Processes
Beginning Balance
Acquisitions
Other
Ending Balance
Intelligent Cloud
Beginning Balance
Acquisitions
Other
Ending Balance
More Personal Computing
Beginning Balance
Acquisitions
Other
Ending Balance
[1]
6 Months Ended
Dec. 31, 2016USD ($)
$ 17,872
16,830
(178)
34,524
6,678
16,816
(38)
23,456
5,467
0
1
5,468
5,727
14
(141)
$ 5,600
Includes goodwill related to LinkedIn and other acquisitions. See Note 8 Business Combinations for
further information.
[1]
ations for
Finite-Lived Intangible Assets (Detail) -
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount
Accumulated Amortization
Net Carrying Amount
Technology-based
Net Carrying Amount
Marketing-related
Net Carrying Amount
Contract-based
Net Carrying Amount
Customer-related
Net Carrying Amount
[1]
[2]
Intangible Assets (Detail) - USD ($) $ in Millions
[2]
[2]
[2]
Includes intangible assets related to LinkedIn and other additions. See Note 8 Business Combination
information.
Technology-based intangible assets included $87 million and $115 million of net carrying amount of s
leased, or otherwise marketed as of December 31, 2016 and June30, 2016, respectively.
Dec. 31, 2016 Jun. 30, 2016
$ 16,426 [1] $ 9,100

(5,425) (5,367)
11,001 3,733
7,619 5,970
(3,604) (3,648)
4,015 2,322
3,983 1,869
(691) (616)
3,292 1,253
801 796
(709) (718)
92 78
4,023 465
(421) (385)
$ 3,602 $ 80
ombinations for further

mount of software to be sold,
Finite-Lived Intangible Assets (Parenthetical) (Detail) - USD ($) $ in Millions
Technology-based
Net carrying amount of software to be sold, leased, or otherwise marketed
Dec. 31, 2016 Jun. 30, 2016
$ 87 $ 115
Intangible Assets - Additional Information (Detail) - USD ($) $ in Millions

Intangible assets amortization expense
Amortization of capitalized software
Dec. 31, 2016 Dec. 31, 2015 Dec. 31, 2016 Dec. 31, 2015
$ 315 $ 249 $ 529 $ 491

$ 14 $ 18 $ 28 $ 36
Estimated Future Amortization Expense Related to Intangible Assets (Detail) - USD ($) $
in Millions
Year Ending June 30, 2017 (excluding the six months ended December 31, 2016)
Year Ending June 30, 2018
Thereafter
Net Carrying Amount
Dec. 31, 2016 Jun. 30, 2016
$ 1,103
2,167
1,688
1,168
978
3,897
$ 11,001 $ 3,733
Debt - Additional Information (Detail) - USD ($)
Debt Instrument [Line Items]

Commercial paper
Credit facility, financial covenant
Credit facility, drawn
Long-term debt
Long-term debt fair value
Unamortized discount and debt issuance costs
Credit Facility Expire on November 1st 2016
Credit facility
Credit facility, expiration date
Credit Facility Expire on November 14th 2018
Credit facility
Credit Facility Expire on November Xx 20Xx
Credit facility
Commercial paper
Commercial paper, weighted average interest rate
Commercial paper | Lower Limit
Commercial paper, maturity term
Commercial paper | Upper Limit
Commercial paper, maturity term
6 Months Ended
Dec. 31, 2016
$ 25,100,000,000
As of December 31, 2016, we were in compliance with the only financial covenant in both credit
agreements, which requires us to maintain a coverage ratio of at least three times earnings before
$0
59,900,000,000
60,800,000,000
585,000,000
$ 5,000,000,000
Nov. 1,
2016
$ 5,000,000,000
Oct. 31,
2017
$ 5,000,000,000
Nov. 14,
2018
0.78%
43 days
266 days
12 Months Ended
Jun. 30, 2016
$ 12,900,000,000
0
40,600,000,000
44,000,000,000
$ 392,000,000
0.43%
1 day
99 days
Long-term Debt (Detail) - USD ($) $ in Mi

Face Value
Notes 0.875 Percent Due November 15th 2017
Debt maturity date
Face Value
Stated Interest Rate
Effective Interest Rate
Notes 1.0 Percent Due May 1st 2018
Debt maturity date
Face Value
Notes 1.30 Percent Due November 3rd 2018
Debt maturity date
Face Value
Notes 1.625 Percent Due December 6th 2018
Debt maturity date
Face Value
Notes 4.2 Percent Due June 1st 2019
Debt maturity date
Face Value
Notes 1.1 Percent Due August 8th 2019
Debt maturity date
Face Value
Notes 0.500 Percent Due November 1st 2019
Debt maturity date
Face Value
Notes 1.850 Percent Due February 12th 2020
Debt maturity date
Face Value
Notes 3.0 Percent Due October 1st 2020
Debt maturity date
Face Value
Debt maturity date
Face Value
Debt maturity date
Face Value
Debt maturity date
Face Value
Debt maturity date
Face Value
Debt maturity date
Face Value
Debt maturity date
Face Value
Debt maturity date
Face Value
Debt maturity date
Face Value
Debt maturity date
Face Value
Debt maturity date
Face Value
Debt maturity date
Face Value
Debt maturity date
Face Value
Debt maturity date
Face Value
Debt maturity date
Face Value
Notes 2.625 Percent Due May 2nd 2033
Debt maturity date
Face Value
Debt maturity date
Face Value
Debt maturity date
Face Value
Debt maturity date
Face Value
Notes 5.2 Percent Due June 1st 2039
Debt maturity date
Face Value
Notes 4.5 Percent Due October 1st 2040
Debt maturity date
Face Value
Debt maturity date
Face Value
Debt maturity date
Face Value
Debt maturity date
Face Value
Debt maturity date
Face Value
Debt maturity date
Face Value
Debt maturity date
Face Value
Debt maturity date
Face Value
Debt maturity date
Face Value
Debt maturity date
Face Value
Debt maturity date
Face Value
[1]
[2]
[3]
Long-term Debt (Detail) - USD ($) $ in Millions
[1]
[1]
[1]
[1]
[2]
[2]
[2]
[2]
[1]
[1]
[1]
[1]
[3]
[3]
[3]
[3]
[1]
[1]
[1]
[1]
[1]
[1]
[1]
[1]
[3]
[3]
[3]
[3]
[3]
[3]
[3]
[3]
[1]
[1]
[1]
[1]
[1]
[1]
[1]
[1]
[1]
[1]
[1]
[1]
In August 2016, we issued $19.8 billion of debt securities.

Remaining notes that were acquired as part of the LinkedIn acquisition. See Note 8 Business combin
information.
Euro-denominated debt securities.
Dec. 31, 2016 Jun. 30, 2016
$ 60,490 $ 40,949
Nov. 15, Nov. 15,

2017 $ 600 2017 $ 600
0.875% 0.875%
1.084% 1.084%
May 1, May 1,
2018 $ 450 2018 $ 450
1.00% 1.00%
1.106% 1.106%
Nov. 3, Nov. 3,
2018$ 1,750 2018$ 1,750
1.30% 1.30%
1.396% 1.396%
Dec. 6, Dec. 6,
2018$ 1,250 2018$ 1,250
1.625% 1.625%
1.824% 1.824%
Jun. 1, Jun. 1,
2019$ 1,000 2019$ 1,000
4.20% 4.20%
4.379% 4.379%
Aug. 8, Aug. 8,
2019$ 2,500 2019
1.10% 1.10%
1.203% 1.203%
Nov. 1, Nov. 1,
2019 2019
$ 18
0.50% 0.50%
0.50% 0.50%
Feb. 12, Feb. 12,

2020$ 1,500 2020$ 1,500
1.85% 1.85%
1.935% 1.935%
Oct. 1, Oct. 1,
2020$ 1,000 2020$ 1,000
3.00% 3.00%
3.137% 3.137%
Nov. 3, Nov. 3,
2020$ 2,250 2020$ 2,250
2.00% 2.00%
2.093% 2.093%
Feb. 8, Feb. 8,
2021 $ 500 2021 $ 500
4.00% 4.00%
4.082% 4.082%
Aug. 8, Aug. 8,
2021$ 2,750 2021
1.55% 1.55%
1.642% 1.642%
Dec. 6, Dec. 6,
2021$ 1,846 2021$ 1,944
2.125% 2.125%
2.233% 2.233%
Feb. 12, Feb. 12,

2022$ 1,500 2022$ 1,500
2.375% 2.375%
2.466% 2.466%
Nov. 3, Nov. 3,
2022$ 1,000 2022$ 1,000
2.65% 2.65%
2.717% 2.717%
Nov. 15, Nov. 15,

2022 $ 750 2022 $ 750
2.125% 2.125%
2.239% 2.239%
May 1, May 1,
2023$ 1,000 2023$ 1,000
2.375% 2.375%
2.465% 2.465%
Aug. 8, Aug. 8,
2023$ 1,500 2023
2.00% 2.00%
2.101% 2.101%
Dec. 15, Dec. 15,

2023$ 1,500 2023$ 1,500
3.625% 3.625%
3.726% 3.726%
Feb. 12, Feb. 12,

2025$ 2,250 2025$ 2,250
2.70% 2.70%
2.772% 2.772%
Nov. 3, Nov. 3,
2025$ 3,000 2025$ 3,000
3.125% 3.125%
3.176% 3.176%
Aug. 8, Aug. 8,
2026$ 4,000 2026
2.40% 2.40%
2.464% 2.464%
Dec. 6, Dec. 6,
2028$ 1,846 2028$ 1,944
3.125% 3.125%
3.218% 3.218%
May 2, May 2,
2033 $ 580 2033 $ 611
2.625% 2.625%
2.69% 2.69%
Feb. 12, Feb. 12,

2035$ 1,500 2035$ 1,500
3.50% 3.50%
3.604% 3.604%
Nov. 3, Nov. 3,
2035$ 1,000 2035$ 1,000
4.20% 4.20%
4.26% 4.26%
Aug. 8, Aug. 8,
2036$ 2,250 2036
3.45% 3.45%
3.51% 3.51%
Jun. 1, Jun. 1,
2039 $ 750 2039 $ 750
5.20% 5.20%
5.24% 5.24%
Oct. 1, Oct. 1,
2040$ 1,000 2040$ 1,000
4.50% 4.50%
4.567% 4.567%
Feb. 8, Feb. 8,
2041$ 1,000 2041$ 1,000
5.30% 5.30%
5.361% 5.361%
Nov. 15, Nov. 15,

2042 $ 900 2042 $ 900
3.50% 3.50%
3.571% 3.571%
May 1, May 1,
2043 $ 500 2043 $ 500
3.75% 3.75%
3.829% 3.829%
Dec. 15, Dec. 15,

2043 $ 500 2043 $ 500
4.875% 4.875%
4.918% 4.918%
Feb. 12, Feb. 12,

2045$ 1,750 2045$ 1,750
3.75% 3.75%
3.80% 3.80%
Nov. 3, Nov. 3,
2045$ 3,000 2045$ 3,000
4.45% 4.45%
4.492% 4.492%
Aug. 8, Aug. 8,
2046$ 4,500 2046
3.70% 3.70%
3.743% 3.743%
Feb. 12, Feb. 12,

2055$ 2,250 2055$ 2,250
4.00% 4.00%
4.063% 4.063%
Nov. 3, Nov. 3,
2055$ 1,000 2055$ 1,000
4.75% 4.75%
4.782% 4.782%
Aug. 8, Aug. 8,
2056$ 2,250 2056
3.95% 3.95%
4.033% 4.033%
ess combinations for further

Long-term Debt (Parenthetical) (Detail) - USD ($) $ in Millions
Face Value
USD Debt Issued in Period
Face Value
Dec. 31, 2016 Aug. 31, 2016 Jun. 30, 2016
$ 60,490 $ 40,949
$ 19,800
3 Months Ended
Income Taxes - Additional Information (Detail)
Dec. 31, 2016
Income Taxes [Line Items]
Effective tax rate 18.00%
Dec. 31, 2015 Dec. 31, 2016 Dec. 31, 2015
14.00% 15.00% 13.00%

Income Taxes - Additional Information Regarding Examinations (Detail) - USD ($) $ in
Billions
Income Tax Examination [Line Items]
Tax contingencies and other tax liabilities
Earliest Tax Year | Foreign Country
Tax years subject to examination
Latest Tax Year | Foreign Country
Internal Revenue Service (IRS) | Earliest Tax Year
Tax years under audit
Internal Revenue Service (IRS) | Latest Tax Year
Tax years under audit
Sep. 30, 2015 Mar. 31, 2011 Dec. 31, 2016 Jun. 30, 2016
$ 13.3 $ 11.8
1,996
2,016
2,007 2,004
2,010
2,009 2,006
2,016
Restructuring Charges - Additional Information (Detail) $ in Millions
Restructuring Cost and Reserve [Line Items]

Restructuring charges
Phone Hardware Restructuring Plan
Number of positions eliminated | Position
Reversal of prior year restructuring charges
Completion date
2016 Restructuring
Completion date
Number of positions expected to be eliminated | Position
May 31, 2016Position Dec. 31, 2016USD ($)Position
$0
Jun. 30,
2017
Jun. 30,
1,850 2017 2,850
12 Months Ended
Jun. 30, 2016USD ($)Position Jun. 30, 2015USD ($)
7,400
$ 780
$ (21)
$ 501
Changes in Restructuring Liability (Detail) $ in Millions

Restructuring liability as of June 30, 2016
Cash paid
Other
Restructuring liability as of December 31, 2016
Severance
Cash paid
Other
Other
Cash paid
Other
[1]
6 Months Ended
Dec. 31, 2016USD ($)
$ 709
0
(285)
(11)
413
470
0
(250)
(7)
213
239
0
(35)
(4)
$ 200
Other primarily reflects activities associated with the consolidation of our facilities and manufacturi
operations, including contract termination costs and asset write-downs.
[1]
[1]
[1]
[1]
[1]
anufacturing
Unearned Revenue by Segment (Detail) - USD ($) $ in Millions
Deferred Revenue Arrangement [Line Items]
Unearned revenue
Reportable Segments | Productivity and Business Processes
Unearned revenue
Reportable Segments | Intelligent Cloud
Unearned revenue
Reportable Segments | More Personal Computing
Unearned revenue
Corporate and Other
Unearned revenue
Dec. 31, 2016 Jun. 30, 2016
$ 34,680 $ 33,909
11,447 12,497
9,749 11,472
3,034 3,334
$ 10,450 $ 6,606
Unearned Revenue - Additional Information (Detail) - USD ($) $ in Millions
Unearned revenue
Windows 10 Licenses
Unearned revenue
Dec. 31, 2016 Jun. 30, 2016
$ 34,680 $ 33,909
$ 10,500 $ 6,600
Commitments and Contingencies - Additional Information (Detail) - USD ($) $ in Millions
Commitments and Contingencies [Line Items]

Assets recorded under capital leases
Accumulated depreciation associated with capital leases
Property and equipment acquired under capital leases
Additional purchase obligations for capital leases executed but not yet recorded
Accrual for disclosed loss contingencies, current, ending balance
Amount not accrued for estimated maximum losses for disclosed loss contingencies
Other Current Liabilities
Current capital lease obligations
Other Long-term Liabilities
Long-term capital lease obligations
Dec. 31, 2016 Dec. 31, 2015 Dec. 31, 2016 Dec. 31, 2015 Jun. 30, 2016
$ 1,600 $ 1,600 $ 865

95 95 57
498 $0 765 $0
4,200 4,200
415 415
1,500 1,500
56 56 25
$ 1,500 $ 1,500 $ 761

Future Minimum Lease Payments under Non-cancellable Capital Leases (Detail) $ in
Millions
Capital Leased Assets [Line Items]
Year Ending June 30, 2017 (excluding the six months ended December 31, 2016)
Thereafter
Total
[1]
Dec. 31, 2016USD ($)
$ 62
126
129
133
136
1,529
$ 2,115
As of December 31, 2016, capital leases included imputed interest of $581 million.
[1]
Future Minimum Lease Payments under Non-cancellable Capital Leases (Parenthetical)
(Detail) $ in Millions
Capital Leased Assets [Line Items]
Capital leases included imputed interest
Dec. 31, 2016USD ($)
$ 581
Stockholders' Equity - Additional Information (Detail) - USD ($)
Share Repurchase Program 2013

Share Repurchases [Line Items]
Amount available for repurchase under the share repurchase program approved by the company's
Board
Numberof of
Directors
shares repurchased under the share repurchase program
Share Repurchase Program 2016
Amount available for repurchase under the share repurchase program approved by the company's
Board
Numberof of
Directors
shares repurchased under the share repurchase program
Dec. 31, 2016 Dec. 31, 2015 Dec. 31, 2016 Dec. 31, 2015
59,000,000 66,000,000 122,000,000 155,000,000
0
Sep. 20, 2016 Sep. 16, 2013
$ 40,000,000,000
$ 40,000,000,000
Share Repurchases (Detail) - Share Repurchase Program 2013 - USD ($) shares in
Millions, $ in Millions
Shares of common stock repurchased
Value of common stock repurchased
Dec. 31, 2016 Dec. 31, 2015 Dec. 31, 2016 Dec. 31, 2015
59 66 122 155
$ 3,533 $ 3,600 $ 7,083 $ 7,600
Dividends Declared (Detail) - USD ($) $ / shares in Units, $ in Millions
Dividends [Line Items]

Declaration Date
Dividend Per Share
Record Date
Total Amount
Payment Date
3 Months Ended
Dec. 31, 2016 Sep. 30, 2016 Dec. 31, 2015 Sep. 30, 2015
Nov. 30, Sep. 20, Dec. 2, Sep. 15,

2016 $ 0.39 2016 $ 0.39 2015 $ 0.36 2015 $ 0.36
Feb. 16, Nov. 17, Feb. 18, Nov. 19,
2017$ 3,014 2016$ 3,024 2016$ 2,842 2015$ 2,868
Mar. 9, Dec. 8, Mar. 10, Dec. 10,
2017 2016 2016 2015
6 Months Ended
Dec. 31, 2016 Dec. 31, 2015
$ 0.78 $ 0.72
(Detail) - USD ($) $ in Millions
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance, beginning of period
Net current period other comprehensive income (loss)
Balance, end of period
Derivatives
Unrealized gains (losses), net of tax effects
Tax expense included in provision for income taxes
Amounts reclassified from accumulated other comprehensive income
Derivatives | Revenue
Reclassification adjustments for gains
Investments
Unrealized gains (losses), net of tax effects
Tax expense included in provision for income taxes
Amounts reclassified from accumulated other comprehensive income
Investments | Other income (expense), net
Reclassification adjustments for gains
Translation adjustments and other
Dec. 31, 2016 Dec. 31, 2015 Dec. 31, 2016 Dec. 31, 2015
$ 71,997
$ (1,169) $ 35 (1,025) $ (749)
68,809 76,780 68,809 76,780
315 647 352 590

449 122 484 283
3 10 6 15
(169) (171) (241) (275)
280 (49) 243 8
595 598 595 598
(172) (181) (247) (290)
3,024 2,598 2,941 3,169

(543) 228 (204) (338)
243 36 381 39
(451) (68) (707) (73)
(994) 160 (911) (411)
2,030 2,758 2,030 2,758
(694) (104) (1,088) (112)
(1,658) (1,507) (1,756) (1,237)

(455) (76) (357) (346)
(2,113) (1,583) (2,113) (1,583)
1,681 1,738 1,537 2,522

(1,169) 35 (1,025) (749)
$ 512 $ 1,773 $ 512 $ 1,773
(Parenthetical) (Detail) - USD ($) $ in Millions
Derivatives
Unrealized gains (losses), tax effects
Investments
Unrealized gains (losses), tax effects
Translation adjustments and other
Net current period other comprehensive income (loss), tax effects
Dec. 31, 2016 Dec. 31, 2015 Dec. 31, 2016 Dec. 31, 2015
$3 $ 15 $4 $ 43
(292) 122 (110) (183)
$0 $ (9) $7 $ (21)
Segment Revenue (Detail) - USD ($)
Segment Reporting Information [Line Items]

Revenue
Revenue
Revenue
Revenue
Corporate and Other
Revenue
[1]
gment Revenue (Detail) - USD ($) $ in Millions
[1]
Corporate and Other revenue and operating loss for the three and six months ended December 31, 2
related to sales of Windows 10.
Dec. 31, 2016 Dec. 31, 2015 Dec. 31, 2016 Dec. 31, 2015
$ 24,090 $ 23,796 $ 44,543 $ 44,175
7,382 6,690 14,040 12,996
6,861 6,343 13,243 12,235
11,823 12,473 21,117 21,935
$ (1,976) $ (1,710) $ (3,857) $ (2,991)
mber 31, 2016 and 2015 consisted of the net revenue deferral
Operating Income (Loss) by Segment (De

Operating income (loss)
Corporate and Other
[1]
(Loss) by Segment (Detail) - USD ($) $ in Millions
[1]
Corporate and Other revenue and operating loss for the three and six months ended December 31, 2
related to sales of Windows 10.
Dec. 31, 2016 Dec. 31, 2015 Dec. 31, 2016 Dec. 31, 2015
$ 6,177 $ 6,026 $ 11,402 $ 11,819
3,256 3,292 6,376 6,448
2,398 2,568 4,456 4,959
2,499 1,876 4,427 3,403
$ (1,976) $ (1,710) $ (3,857) $ (2,991)
mber 31, 2016 and 2015 consisted of the net revenue deferral

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6 Months Ended

Document and Entity Information - shares

$ 16,537 $ 17,974 $ 30,030 $ 33,193

5,378 6,268 8,959 10,303

$ 0.67 $ 0.63 $ 1.27 $ 1.24

7,755 7,964 7,772 7,980

280 (49) 243 8

Net unrealized gains (losses) on derivatives, tax effects

$ 5,200 $ 5,018 $ 9,890 $ 9,920

2,166 1,544 3,982 3,005

(2,711) (3,118) 4,463 3,258

(3,755) (7,031) (7,145) (2,141)

(1,988) (2,024) (4,151) (3,380)

Basic and Diluted Earnings Per Share

Components of Other Income (Expense), Net

Investment Components, Including Associated Derivatives but Excluding Held to Maturity

Fair Values of Derivative Instruments

Assets and Liabilities Measured at Fair Value on Recurring Basis

Carrying Amount of Goodwill

Finite-Lived Intangible Assets

Changes in Restructuring Liability

Unearned Revenue by Segment

Future Minimum Lease Payments under Non-cancellable Capital Leases

Summary of Changes in Accumulated Other Comprehensive Income by Component

$ 5,200 $ 5,018 $ 9,890 $ 9,920

$ 0.67 $ 0.63 $ 1.27 $ 1.24

Components of Other Income (Expense) [Line Items]

$ 311 $ 200 $ 604 $ 399

Gains (Losses) on Investments [Line Items]

$ (21) $ (127) $ (39) $ (162)

Derivative [Line Items]

$ 685 $ 48 $ 637 $ (33)

(7) (59) (17) (92)

$ 449 $ 122 $ 484 $ 283

$ (84) $ (72) $ (154) $ (154)

Derivative Instruments, Gain (Loss) [Line Items]

$ 15 $ (205) $ (49) $ (202)

26 (134) (5) (75)

(25) (30) (42) 4

when a legally enforceable

as primarily attributed to increased

$ 24,866 $ 24,629 $ 46,271 $ 45,739

Goodwill [Line Items]

$ 16,426 [1] $ 9,100

ombinations for further

Finite-Lived Intangible Assets [Line Items]

$ 315 $ 249 $ 529 $ 491

Debt Instrument [Line Items]

Debt Instrument [Line Items]

In August 2016, we issued $19.8 billion of debt securities.

Nov. 15, Nov. 15,

Feb. 12, Feb. 12,

Feb. 12, Feb. 12,

Nov. 15, Nov. 15,

Dec. 15, Dec. 15,

Feb. 12, Feb. 12,

Feb. 12, Feb. 12,

Nov. 15, Nov. 15,

Dec. 15, Dec. 15,

Feb. 12, Feb. 12,

Feb. 12, Feb. 12,

ess combinations for further

14.00% 15.00% 13.00%

Restructuring Cost and Reserve [Line Items]