Microsoft (MSFT) 10-Q26 Jan 152015 Q2 Quarterly reportFinancial data

Company Profile

Document_and_Entity_Informatio

Document and Entity Information (USD $)	6 Months Ended
Document and Entity Information (USD $)	Dec. 31, 2014	Jan. 22, 2015
Document Type	10-Q
Amendment Flag	FALSE
Document Period End Date	31-Dec-14
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	Q2
Trading Symbol	MSFT
Entity Registrant Name	MICROSOFT CORPORATION
Entity Central Index Key	789019
Current Fiscal Year End Date	-24
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Par Value Per Share	$0.00
Entity Common Stock, Shares Outstanding		8,203,785,341
I.R.S. Employer Identification No.	911144442

INCOME_STATEMENTS

INCOME STATEMENTS (USD $)	3 Months Ended		6 Months Ended
In Millions, except Per Share data, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013
Revenue	$26,470	$24,519	$49,671	$43,048
Cost of revenue	10,136	8,322	18,409	13,467
Gross margin	16,334	16,197	31,262	29,581
Research and development	2,903	2,748	5,968	5,515
Sales and marketing	4,315	4,283	8,043	7,587
General and administrative	1,097	1,197	2,248	2,176
Integration and restructuring	243	0	1,383	0
Operating income	7,776	7,969	13,620	14,303
Other income (expense), net	74	-91	126	-17
Income before income taxes	7,850	7,878	13,746	14,286
Provision for income taxes	1,987	1,320	3,343	2,484
Net income	$5,863	$6,558	$10,403	$11,802
Earnings per share:
Basic	$0.71	$0.79	$1.26	$1.42
Diluted	$0.71	$0.78	$1.25	$1.40
Weighted average shares outstanding:
Basic	8,228	8,326	8,238	8,333
Diluted	8,297	8,395	8,321	8,423
Cash dividends declared per common share	$0.31	$0.28	$0.62	$0.56

COMPREHENSIVE_INCOME_STATEMENT

COMPREHENSIVE INCOME STATEMENTS (USD $)	3 Months Ended		6 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013
Net income	$5,863	$6,558	$10,403	$11,802
Other comprehensive income (loss):
Net unrealized gains on derivatives (net of tax effects of $6, $1, $10, and $(2))	247	43	566	17
Net unrealized gains (losses) on investments (net of tax effects of $(124), $245, $(226), and $737)	-231	482	-420	1,434
Translation adjustments and other (net of tax effects of $(211), $11, $(258), and $44)	-390	21	-471	83
Other comprehensive income (loss)	-374	546	-325	1,534
Comprehensive income	$5,489	$7,104	$10,078	$13,336

COMPREHENSIVE_INCOME_STATEMENT1

COMPREHENSIVE INCOME STATEMENTS (Parenthetical) (USD $)	3 Months Ended		6 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013
Net unrealized gains on derivatives, tax effects	$6	$1	$10	($2)
Net unrealized gains (losses) on investments, tax effects	-124	245	-226	737
Translation adjustments and other, tax effects	($211)	$11	($258)	$44

BALANCE_SHEETS

BALANCE SHEETS (USD $)	Dec. 31, 2014	Jun. 30, 2014
In Millions, unless otherwise specified	Dec. 31, 2014	Jun. 30, 2014
Current assets:
Cash and cash equivalents	$6,426	$8,669
Short-term investments (including securities loaned of $414 and $541)	83,823	77,040
Total cash, cash equivalents, and short-term investments	90,249	85,709
Accounts receivable, net of allowance for doubtful accounts of $288 and $301	16,186	19,544
Inventories	2,053	2,660
Deferred income taxes	1,701	1,941
Other	6,173	4,392
Total current assets	116,362	114,246
Property and equipment, net of accumulated depreciation of $16,192 and $14,793	13,607	13,011
Equity and other investments	12,665	14,597
Goodwill	21,855	20,127
Intangible assets, net	7,299	6,981
Other long-term assets	3,060	3,422
Total assets	174,848	172,384
Current liabilities:
Accounts payable	6,932	7,432
Short-term debt	8,299	2,000
Current portion of long-term debt	1,749	0
Accrued compensation	3,479	4,797
Income taxes	711	782
Short-term unearned revenue	19,192	23,150
Securities lending payable	430	558
Other	6,623	6,906
Total current liabilities	47,415	45,625
Long-term debt	18,260	20,645
Long-term unearned revenue	2,051	2,008
Deferred income taxes	2,820	2,728
Other long-term liabilities	12,423	11,594
Total liabilities	82,969	82,600
Commitments and contingencies
Stockholders' equity:
Common stock and paid-in capital-shares authorized 24,000; outstanding 8,218 and 8,239	68,765	68,366
Retained earnings	19,731	17,710
Accumulated other comprehensive income	3,383	3,708
Total stockholders' equity	91,879	89,784
Total liabilities and stockholders' equity	$174,848	$172,384

BALANCE_SHEETS_Parenthetical

BALANCE SHEETS (Parenthetical) (USD $)	Dec. 31, 2014	Jun. 30, 2014
In Millions, unless otherwise specified	Dec. 31, 2014	Jun. 30, 2014
Short-term investments, securities loaned	$414	$541
Accounts receivable, allowance for doubtful accounts	288	301
Property and equipment, accumulated depreciation	$16,192	$14,793
Common stock, shares authorized	24,000	24,000
Common stock, outstanding	8,218	8,239

CASH_FLOWS_STATEMENTS

CASH FLOWS STATEMENTS (USD $)	3 Months Ended		6 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013
Operations
Net income	$5,863	$6,558	$10,403	$11,802
Adjustments to reconcile net income to net cash from operations:
Depreciation, amortization, and other	1,521	1,261	2,949	2,215
Stock-based compensation expense	633	591	1,279	1,226
Net recognized losses (gains) on investments and derivatives	-179	47	-124	140
Excess tax benefits from stock-based compensation	-22	-20	-524	-225
Deferred income taxes	314	-176	615	228
Deferral of unearned revenue	10,200	9,845	18,222	17,281
Recognition of unearned revenue	-11,495	-10,578	-22,138	-20,255
Changes in operating assets and liabilities:
Accounts receivable	-3,378	-4,875	3,249	1,742
Inventories	1,070	1,029	587	362
Other current assets	-159	-95	-439	-651
Other long-term assets	170	-315	449	-396
Accounts payable	137	602	-522	326
Other current liabilities	-986	388	-2,152	-867
Other long-term liabilities	651	151	840	-310
Net cash from operations	4,340	4,413	12,694	12,618
Financing
Proceeds from issuance of short-term debt, maturities of 90 days or less, net	4,798	-712	7,797	0
Proceeds from issuance of debt	0	8,262	0	8,850
Repayments of debt	0	-588	-1,500	-1,588
Common stock issued	121	117	337	320
Common stock repurchased	-2,145	-2,113	-5,033	-4,301
Common stock cash dividends paid	-2,547	-2,332	-4,854	-4,248
Excess tax benefits from stock-based compensation	22	20	524	225
Other	285	-39	285	-39
Net cash from (used in) financing	534	2,615	-2,444	-781
Investing
Additions to property and equipment	-1,490	-1,732	-2,772	-2,963
Acquisition of companies, net of cash acquired, and purchases of intangible and other assets	-2,794	-139	-2,935	-154
Purchases of investments	-19,167	-13,126	-43,252	-27,894
Maturities of investments	2,389	1,451	4,082	1,798
Sales of investments	16,108	12,354	32,553	23,471
Securities lending payable	238	167	-129	103
Net cash used in investing	-4,716	-1,025	-12,453	-5,639
Effect of exchange rates on cash and cash equivalents	-34	33	-40	57
Net change in cash and cash equivalents	124	6,036	-2,243	6,255
Cash and cash equivalents, beginning of period	6,302	4,023	8,669	3,804
Cash and cash equivalents, end of period	$6,426	$10,059	$6,426	$10,059

STOCKHOLDERS_EQUITY_STATEMENTS

STOCKHOLDERS' EQUITY STATEMENTS (USD $)	Total	Common stock and paid-in capital	Retained earnings	Accumulated other comprehensive income
In Millions	Total	Common stock and paid-in capital	Retained earnings	Accumulated other comprehensive income
Balance, beginning of period at Jun. 30, 2013		$67,306	$9,895	$1,743
Common stock issued		320
Net income	11,802		11,802
Other comprehensive income (loss)	1,534			1,534
Common stock cash dividends			-4,656
Common stock repurchased		-1,607	-2,694
Stock-based compensation expense		1,226
Stock-based compensation income tax benefits		226
Other, net		5
Balance, end of period at Dec. 31, 2013	85,100	67,476	14,347	3,277
Balance, beginning of period at Sep. 30, 2013		67,230	11,680	2,731
Common stock issued		117
Net income	6,558		6,558
Other comprehensive income (loss)	546			546
Common stock cash dividends	-2,322		-2,319
Common stock repurchased		-486	-1,572
Stock-based compensation expense		591
Stock-based compensation income tax benefits		21
Other, net		3
Balance, end of period at Dec. 31, 2013	85,100	67,476	14,347	3,277
Balance, beginning of period at Jun. 30, 2014	89,784	68,366	17,710	3,708
Common stock issued		337
Net income	10,403		10,403
Other comprehensive income (loss)	-325			-325
Common stock cash dividends			-5,093
Common stock repurchased		-1,744	-3,289
Stock-based compensation expense		1,279
Stock-based compensation income tax benefits		525
Other, net		2
Balance, end of period at Dec. 31, 2014	91,879	68,765	19,731	3,383
Balance, beginning of period at Sep. 30, 2014		68,362	18,051	3,757
Common stock issued		121
Net income	5,863		5,863
Other comprehensive income (loss)	-374			-374
Common stock cash dividends	-2,548		-2,534
Common stock repurchased		-376	-1,649
Stock-based compensation expense		633
Stock-based compensation income tax benefits		23
Other, net		2
Balance, end of period at Dec. 31, 2014	$91,879	$68,765	$19,731	$3,383

ACCOUNTING_POLICIES

ACCOUNTING POLICIES	6 Months Ended
ACCOUNTING POLICIES	Dec. 31, 2014
ACCOUNTING POLICIES	NOTE 1 — ACCOUNTING POLICIES
	Accounting Principles
	We prepared our unaudited interim consolidated financial statements in conformity with accounting principles generally accepted in the United States of America (“U.S. 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 2014 Form 10-K filed with the U.S. Securities and Exchange Commission on July 31, 2014.
	We have recast certain prior period amounts to conform to the current period presentation, with no impact on consolidated net income or cash flows.
	Principles of Consolidation
	The consolidated financial statements include the accounts of Microsoft Corporation and its subsidiaries. Intercompany transactions and balances have been eliminated. Equity investments through which we are able to exercise significant influence over but do not control the investee and are not the primary beneficiary of the investee’s activities are accounted for using the equity method. Investments through which we are not able to exercise significant influence over the investee and which do not have readily determinable fair values are accounted for under the cost method.
	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 include: loss contingencies; product warranties; the fair value of, and/or potential goodwill impairment for, our reporting units; product life cycles; useful lives of our tangible and intangible assets; allowances for doubtful accounts; allowances for product returns; the market value of our inventory; and stock-based compensation forfeiture rates. Examples of assumptions include: the elements comprising a software arrangement, including the distinction between upgrades or enhancements and new products; when technological feasibility is achieved for our products; the potential outcome of future tax consequences of events that have been recognized in our consolidated financial statements or tax returns; and determining when investment impairments are other-than-temporary. Actual results and outcomes may differ from management’s estimates and assumptions.
	Recent Accounting Guidance
	Recent accounting guidance not yet adopted
	In May 2014, as part of its ongoing efforts to assist in the convergence of U.S. GAAP and International Financial Reporting Standards, the Financial Accounting Standards Board issued a new standard related to revenue recognition. Under the new standard, recognition of revenue occurs when a customer obtains control of promised goods or services in an amount that reflects the consideration which the entity expects to receive in exchange for those goods or services. In addition, the standard requires disclosure of the nature, amount, timing, and uncertainty of revenue and cash flows arising from contracts with customers. The new standard will be effective for us beginning July 1, 2017, and early adoption is not permitted. We anticipate this standard will have a material impact on our consolidated financial statements, and we are currently evaluating its impact.

EARNINGS_PER_SHARE

EARNINGS PER SHARE	6 Months Ended
	Dec. 31, 2014
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 are as follows:


	(In millions, except earnings per share)	Three Months Ended				Six Months Ended
		December 31,				December 31,



		2014		2013		2014		2013

	Net income available for common shareholders (A)	$	5,863	$	6,558	$	10,403	$	11,802

	Weighted average outstanding shares of common stock (B)		8,228		8,326		8,238		8,333
	Dilutive effect of stock-based awards		69		69		83		90


	Common stock and common stock equivalents (C)		8,297		8,395		8,321		8,423


	Earnings Per Share

	Basic (A/B)	$	0.71	$	0.79	$	1.26	$	1.42
	Diluted (A/C)	$	0.71	$	0.78	$	1.25	$	1.4


	Anti-dilutive stock-based awards excluded from the calculations of diluted EPS were immaterial during the periods presented.

OTHER_INCOME_EXPENSE

OTHER INCOME (EXPENSE)	6 Months Ended
	Dec. 31, 2014
OTHER INCOME (EXPENSE)	NOTE 3 — OTHER INCOME (EXPENSE)
	The components of other income (expense) were as follows:


	(In millions)	Three Months Ended						Six Months Ended
		December 31,						December 31,



		2014			2013			2014			2013

	Dividends and interest income	$	183		$	219		$	408		$	398
	Interest expense		(162	)		(135	)		(323	)		(253	)
	Net recognized gains on investments		317			70			396			63
	Net losses on derivatives		(138	)		(117	)		(272	)		(203	)
	Net gains (losses) on foreign currency remeasurements		83			(17	)		161			9
	Other		(209	)		(111	)		(244	)		(31	)


	Total	$	74		$	(91	)	$	126		$	(17	)


	Following are details of net recognized gains on investments during the periods reported:


	(In millions)	Three Months Ended						Six Months Ended
		December 31,						December 31,



		2014			2013			2014			2013

	Other-than-temporary impairments of investments	$	(26	)	$	(30	)	$	(35	)	$	(66	)
	Realized gains from sales of available-for-sale securities		421			144			539			258
	Realized losses from sales of available-for-sale securities		(78	)		(44	)		(108	)		(129	)


	Total	$	317		$	70		$	396		$	63

INVESTMENTS

INVESTMENTS	6 Months Ended
INVESTMENTS	Dec. 31, 2014
INVESTMENTS	NOTE 4 — INVESTMENTS
	Investment Components
	The components of investments, including associated derivatives but excluding held-to-maturity investments, were as follows:


	(In millions)		Cost Basis			Unrealized			Unrealized				Recorded			Cash			Short-term		Equity
						Gains			Losses				Basis			and Cash			Investments		and Other
																Equivalents					Investments



	December 31, 2014

	Cash		$	4,468		$	0		$	0			$	4,468		$	4,468		$	0	$	0
	Mutual funds			651			0			0				651			651			0		0
	Commercial paper			144			0			0				144			94			50		0
	Certificates of deposit			1,248			0			0				1,248			1,006			242		0
	U.S. government and agency securities			68,347			39			(70	)			68,316			201			68,115		0
	Foreign government bonds			5,162			5			(22	)			5,145			0			5,145		0
	Mortgage- and asset-backed securities			2,848			28			(3	)			2,873			0			2,873		0
	Corporate notes and bonds			6,918			135			(49	)			7,004			6			6,998		0
	Municipal securities			286			54			0				340			0			340		0
	Common and preferred stock			6,865			4,982			(283	)			11,564			0			0		11,564
	Other investments			810			0			0				810			0			60		750


	Total		$	97,747		$	5,243		$	(427	)		$	102,563		$	6,426		$	83,823	$	12,314




	(In millions)		Cost Basis			Unrealized			Unrealized				Recorded			Cash			Short-term		Equity
						Gains			Losses				Basis			and Cash			Investments		and Other
																Equivalents					Investments



	June 30, 2014

	Cash		$	4,980		$	0		$	0			$	4,980		$	4,980		$	0	$	0
	Mutual funds			590			0			0				590			590			0		0
	Commercial paper			189			0			0				189			89			100		0
	Certificates of deposit			1,197			0			0				1,197			865			332		0
	U.S. government and agency securities			66,952			103			(29	)			67,026			109			66,917		0
	Foreign government bonds			3,328			17			(10	)			3,335			2,027			1,308		0
	Mortgage- and asset-backed securities			1,048			31			(2	)			1,077			0			1,077		0
	Corporate notes and bonds			6,788			190			(9	)			6,969			9			6,960		0
	Municipal securities			287			45			0				332			0			332		0
	Common and preferred stock			6,785			5,207			(81	)			11,911			0			0		11,911
	Other investments			1,164			0			0				1,164			0			14		1,150


	Total		$	93,308		$	5,593		$	(131	)		$	98,770		$	8,669		$	77,040	$	13,061


	In addition to the investments in the table above, we also own corporate notes that were purchased in connection with our agreement to lend $2.0 billion to the group that completed their acquisition of Dell on October 29, 2013. These corporate notes are classified as held-to-maturity investments and are included in equity and other investments on the balance sheet. The corporate notes are due October 31, 2023, and are measured at fair value on a non-recurring basis. As of December 31, 2014, the amortized cost, recorded basis, and estimated fair value of these corporate notes were $351 million, $351 million, and $429 million, respectively, while their associated gross unrealized holding gains were $78 million. As of June 30, 2014, the amortized cost, recorded basis, and estimated fair value of these corporate notes was $1.5 billion, $1.5 billion, and $1.7 billion, respectively, while their associated gross unrealized holding gains were $164 million.

	As of December 31, 2014 and June 30, 2014, the recorded bases of common and preferred stock that are restricted for more than one year or are not publicly traded were $550 million and $520 million, respectively. These investments are carried at cost and are reviewed quarterly for indicators of other-than-temporary impairment. It is not practicable for us to reliably estimate the fair value of these investments.
	Unrealized Losses on Investments
	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
																			Unrealized
Losses
(In millions)			Fair Value			Unrealized			Fair Value				Unrealized			Total
(In millions)	Losses		Fair Value			Losses			Fair Value				Fair Value



December 31, 2014

U.S. government and agency securities		$	29,604		$	(37	)	$	563			$	(33	)	$	30,167		$	(70	)
Foreign government bonds			3,724			(10	)		28				(12	)		3,752			(22	)
Mortgage- and asset-backed securities			1,529			(2	)		27				(1	)		1,556			(3	)
Corporate notes and bonds			2,717			(41	)		243				(8	)		2,960			(49	)
Common and preferred stock			1,319			(234	)		146				(49	)		1,465			(283	)


Total		$	38,893		$	(324	)	$	1,007			$	(103	)	$	39,900		$	(427	)




		Less than 12 Months						12 Months or Greater										Total
																		Unrealized
																		Losses
(In millions)		Fair Value			Unrealized			Fair Value				Unrealized			Total
(In millions)		Fair Value			Losses			Fair Value				Losses			Fair Value



June 30, 2014

U.S. government and agency securities		$	4,161		$	(29	)	$	850			$	0		$	5,011		$	(29	)
Foreign government bonds			566			(4	)		21				(6	)		587			(10	)
Mortgage- and asset-backed securities			120			0			61				(2	)		181			(2	)
Corporate notes and bonds			1,154			(8	)		34				(1	)		1,188			(9	)
Common and preferred stock			463			(48	)		257				(33	)		720			(81	)


Total		$	6,464		$	(89	)	$	1,223			$	(42	)	$	7,687		$	(131	)


Unrealized losses from fixed-income securities are primarily attributable to changes in interest rates. Unrealized losses from domestic and international equities are due to market price movements. Management does not believe any remaining unrealized losses represent other-than-temporary impairments based on our evaluation of available evidence as of December 31, 2014.
Debt Investment Maturities


(In millions)		Cost Basis			Estimated
(In millions)		Cost Basis			Fair Value


December 31, 2014

Due in one year or less		$	29,985		$	29,998
Due after one year through five years			50,792			50,822
Due after five years through 10 years			2,719			2,710
Due after 10 years			1,457			1,540


Total		$	84,953		$	85,070

DERIVATIVES

DERIVATIVES	6 Months Ended
DERIVATIVES	Dec. 31, 2014
DERIVATIVES	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 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. All notional amounts presented below are measured in U.S. dollar equivalents.
	Foreign Currency
	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. Option and forward contracts are used to hedge a portion of forecasted international revenue for up to three years in the future and are designated as cash-flow hedging instruments. Principal currencies hedged include the euro, Japanese yen, British pound, and Canadian dollar. As of December 31, 2014 and June 30, 2014, the total notional amounts of these foreign exchange contracts sold were $7.5 billion and $4.9 billion, respectively.
	Foreign currency risks related to certain non-U.S. dollar denominated securities are hedged using foreign exchange forward contracts that are designated as fair-value hedging instruments. As of December 31, 2014 and June 30, 2014, the total notional amounts of these foreign exchange contracts sold were $5.0 billion and $3.1 billion, respectively.
	Certain options and forwards not designated as hedging instruments are also used to manage the variability in exchange rates on accounts receivable, cash, and intercompany positions, and to manage other foreign currency exposures. As of December 31, 2014, the total notional amounts of these foreign exchange contracts purchased and sold were $9.5 billion and $9.2 billion, respectively. As of June 30, 2014, the total notional amounts of these foreign exchange contracts purchased and sold were $6.2 billion and $8.5 billion, respectively.
	Equity
	Securities held in our equity and other investments portfolio are subject to market price risk. Market price risk is managed relative to broad-based global and domestic equity indices using certain convertible preferred investments, options, futures, and swap contracts not designated as hedging instruments. From time to time, to hedge our price risk, we may use and designate equity derivatives as hedging instruments, including puts, calls, swaps, and forwards. As of December 31, 2014, the total notional amounts of equity contracts purchased and sold for managing market price risk were $1.5 billion and $1.9 billion, respectively, of which $483 million and $550 million, respectively, were designated as hedging instruments. As of June 30, 2014, the total notional amounts of equity contracts purchased and sold for managing market price risk were $1.9 billion and $1.9 billion, respectively, of which $362 million and $420 million, respectively, were designated as hedging instruments.
	Interest Rate
	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 exchange-traded option and futures contracts and over-the-counter swap and option contracts, none of which are designated as hedging instruments. As of December 31, 2014, the total notional amounts of fixed-interest rate contracts purchased and sold were $3.0 billion and $2.8 billion, respectively. As of June 30, 2014, the total notional amounts of fixed-interest rate contracts purchased and sold were $1.7 billion and $936 million, respectively.
	In addition, we use “To Be Announced” forward purchase commitments of mortgage-backed assets to gain exposure to agency mortgage-backed securities. These meet the definition of a derivative instrument in cases where physical delivery of the assets is not taken at the earliest available delivery date. As of December 31, 2014 and June 30, 2014, the total notional derivative amounts of mortgage contracts purchased were $953 million and $1.1 billion, respectively.

	Credit
	Our fixed-income portfolio is diversified and consists primarily of investment-grade securities. We use credit default swap contracts, not designated as hedging instruments, to manage credit exposures relative to broad-based indices and to facilitate portfolio diversification. We use credit default swaps as they are a low-cost method of managing exposure to individual credit risks or groups of credit risks. As of December 31, 2014, the total notional amounts of credit contracts purchased and sold were $828 million and $492 million, respectively. As of June 30, 2014, the total notional amounts of credit contracts purchased and sold were $550 million and $440 million, respectively.
	Commodity
	We use broad-based commodity exposures to enhance portfolio returns and to facilitate portfolio diversification. We use swaps, futures, and option contracts, not designated as hedging instruments, to generate and manage exposures to broad-based commodity indices. We use derivatives on commodities as they can be low-cost alternatives to the purchase and storage of a variety of commodities, including, but not limited to, precious metals, energy, and grain. As of December 31, 2014, the total notional amounts of commodity contracts purchased and sold were $1.1 billion and $338 million, respectively. As of June 30, 2014, the total notional amounts of commodity contracts purchased and sold were $1.4 billion and $408 million, respectively.
	Credit-Risk-Related Contingent Features
	Certain of our 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 December 31, 2014, 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.
	Fair Values of Derivative Instruments
	Derivative instruments are recognized as either assets or liabilities and are 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, the gains (losses) are recognized in earnings in the periods of change together with the offsetting losses (gains) on the hedged items attributed to the risk being hedged. For options designated as fair-value hedges, changes in the time value are excluded from the assessment of hedge effectiveness and are recognized in earnings.
	For derivative instruments designated as cash-flow hedges, the effective portion of the gains (losses) on the derivatives is initially reported as a component of other comprehensive income (“OCI”) and is subsequently recognized in earnings when the hedged exposure is recognized in earnings. For options designated as cash-flow hedges, changes in the time value are excluded from the assessment of hedge effectiveness and are recognized in earnings. Gains (losses) on derivatives representing either hedge components excluded from the assessment of effectiveness or hedge ineffectiveness are recognized in earnings.
	For derivative instruments that are not designated as hedges, gains (losses) from changes in fair values are primarily recognized in other income (expense). Other than those derivatives entered into for investment purposes, such as commodity contracts, the gains (losses) are generally economically offset by unrealized gains (losses) in the underlying available-for-sale securities, which are recorded as a component of OCI until the securities are sold or other-than-temporarily impaired, at which time the amounts are reclassified from accumulated other comprehensive income (“AOCI”) into other income (expense).

	The following table presents the fair values of derivative instruments designated as hedging instruments (“designated hedge derivatives”) and not designated as hedging instruments (“non-designated hedge derivatives”). The fair values exclude the impact of netting derivative assets and liabilities when a legally enforceable master netting agreement exists and fair value adjustments related to our own credit risk and counterparty credit risk:


					December 31, 2014																June 30, 2014


					Assets												Liabilities				Assets									Liabilities


	(In millions)				Short-term				Other				Equity and				Other				Short-term			Other			Equity and			Other
					Investments				Current				Other				Current				Investments			Current			Other			Current
									Assets				Investments				Liabilities							Assets			Investments			Liabilities


	Non-designated Hedge Derivatives

	Foreign exchange contracts				$	104			$	238			$	0			$	(302	)		$	10		$	39		$	0		$	(97	)
	Equity contracts					151				0				0				(34	)			177			0			0			(21	)
	Interest rate contracts					12				0				0				(25	)			17			0			0			(12	)
	Credit contracts					24				0				0				(13	)			24			0			0			(13	)
	Commodity contracts					0				0				0				0				15			0			0			(1	)


	Total				$	291			$	238			$	0			$	(374	)		$	243		$	39		$	0		$	(144	)


	Designated Hedge Derivatives

	Foreign exchange contracts				$	193			$	590			$	0			$	0			$	1		$	70		$	0		$	(15	)
	Equity contracts					0				0				48				(134	)			0			0			7			(125	)


	Total				$	193			$	590			$	48			$	(134	)		$	1		$	70		$	7		$	(140	)


	Total gross amounts of derivatives				$	484			$	828			$	48			$	(508	)		$	244		$	109		$	7		$	(284	)


	Gross derivatives either offset or subject to an enforceable master netting agreement				$	365			$	828			$	48			$	(508	)		$	99		$	109		$	7		$	(284	)
Gross amounts of derivatives offset in the balance sheet					(99	)			(271	)			(48	)			418				(77	)		(71	)		(7	)		155


Net amounts presented in the balance sheet					266				557				0				(90	)			22			38			0			(129	)
Gross amounts of derivatives not offset in the balance sheet					0				0				0				0				0			0			0			0
Cash collateral received					0				0				0				(285	)			0			0			0			0


Net amount				$	266			$	557			$	0			$	(375	)		$	22		$	38		$	0		$	(129	)


See also Note 4 – Investments and Note 6 – Fair Value Measurements.

Fair-Value Hedge Gains (Losses)
We recognized in other income (expense) the following gains (losses) on contracts designated as fair-value hedges and their related hedged items:


(In millions)		Three Months Ended								Six Months Ended
(In millions)		December 31,								December 31,



		2014				2013				2014				2013

Foreign Exchange Contracts

Derivatives		$	381			$	73			$	622			$	59
Hedged items			(382	)			(74	)			(624	)			(61	)


Total amount of ineffectiveness		$	(1	)		$	(1	)		$	(2	)		$	(2	)



Equity Contracts

Derivatives		$	18			$	(10	)		$	(63	)		$	(10	)
Hedged items			(18	)			10				63				10


Total amount of ineffectiveness		$	0			$	0			$	0			$	0



Amount of equity contracts excluded from effectiveness assessment		$	(9	)		$	(26	)		$	(13	)		$	(26	)


Cash Flow Hedge Gains (Losses)
We recognized the following gains (losses) on foreign exchange contracts designated as cash flow hedges (our only cash flow hedges during the periods presented):


(In millions)		Three Months Ended								Six Months Ended
(In millions)		December 31,								December 31,



		2014				2013				2014				2013

Effective Portion

Gains recognized in OCI (net of tax effects of $8, $2, $12, and $0)		$	357			$	67			$	692			$	59
Gains reclassified from AOCI into revenue			112				25				128				44

Amount Excluded from Effectiveness Assessment and Ineffective Portion

Losses recognized in other income (expense)			(74	)			(40	)			(142	)			(120	)


We estimate that $478 million of net derivative gains included in AOCI at December 31, 2014 will be reclassified into earnings within the following 12 months. No significant amounts of gains (losses) were reclassified from AOCI into earnings as a result of forecasted transactions that failed to occur during the three and six months ended December 31, 2014.

Non-Designated Derivative Gains (Losses)
Gains (losses) from changes in fair values of derivatives that are not designated as hedges are primarily recognized in other income (expense). These amounts are shown in the table below, with the exception of gains (losses) on derivatives presented in income statement line items other than other income (expense), which were immaterial for the periods presented. Other than those derivatives entered into for investment purposes, such as commodity contracts, the gains (losses) below are generally economically offset by unrealized gains (losses) in the underlying available-for-sale securities.


(In millions)		Three Months Ended								Six Months Ended
(In millions)		December 31,								December 31,



		2014				2013				2014				2013

Foreign exchange contracts		$	28			$	60			$	(205	)		$	74
Equity contracts			(24	)			(41	)			(14	)			(46	)
Interest-rate contracts			24				(13	)			18				0
Credit contracts			1				4				(4	)			3
Commodity contracts			(106	)			0				(217	)			11


Total		$	(77	)		$	10			$	(422	)		$	42

FAIR_VALUE_MEASUREMENTS

FAIR VALUE MEASUREMENTS	6 Months Ended
FAIR VALUE MEASUREMENTS	Dec. 31, 2014
FAIR VALUE MEASUREMENTS	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 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 traded in active markets. Our Level 1 non-derivative investments primarily include U.S. government securities, domestic and international equities, and actively traded 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 and commodities. Our Level 2 non-derivative investments consist primarily of corporate notes and bonds, common and preferred stock, mortgage-backed and asset-backed securities, certificates of deposit, and foreign government bonds. Our Level 2 derivative assets and liabilities primarily include certain over-the-counter 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 non-derivative assets primarily comprise investments in common and preferred stock and goodwill when it is 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 certain assets, including our cost and equity method investments, at fair value on a nonrecurring basis when they are deemed to be other-than-temporarily impaired. 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. An impairment charge is recorded when the cost of the investment exceeds its fair value and this condition is determined to be other-than-temporary.
	Our other current financial assets and our current financial liabilities have fair values that approximate their carrying values.

	Assets and Liabilities Measured at Fair Value on a Recurring Basis
	The following tables present the fair value of our financial instruments that are measured at fair value on a recurring basis:



	(In millions)			Level 1			Level 2			Level 3			Gross Fair			Netting	(a)			Net Fair
	(In millions)			Level 1			Level 2			Level 3			Value			Netting	(a)			Value



	December 31, 2014

	Assets

	Mutual funds		$	651		$	0		$	0		$	651		$	0			$	651
	Commercial paper			0			144			0			144			0				144
	Certificates of deposit			0			1,248			0			1,248			0				1,248
	U.S. government and agency securities			67,714			604			0			68,318			0				68,318
	Foreign government bonds			131			4,816			0			4,947			0				4,947
	Mortgage- and asset-backed securities			0			2,870			0			2,870			0				2,870
	Corporate notes and bonds			0			6,877			0			6,877			0				6,877
	Municipal securities			0			340			0			340			0				340
	Common and preferred stock			8,915			2,084			14			11,013			0				11,013
	Derivatives			4			1,308			48			1,360			(418	)			942


	Total		$	77,415		$	20,291		$	62		$	97,768		$	(418	)		$	97,350



	Liabilities

	Derivatives and other		$	17		$	357		$	134		$	508		$	(418	)		$	90





	(In millions)			Level 1			Level 2			Level 3			Gross Fair			Netting	(a)			Net Fair
	(In millions)			Level 1			Level 2			Level 3			Value			Netting	(a)			Value



	June 30, 2014

	Assets

	Mutual funds		$	590		$	0		$	0		$	590		$	0			$	590
	Commercial paper			0			189			0			189			0				189
	Certificates of deposit			0			1,197			0			1,197			0				1,197
	U.S. government and agency securities			66,288			745			0			67,033			0				67,033
	Foreign government bonds			139			3,210			0			3,349			0				3,349
	Mortgage- and asset-backed securities			0			1,073			0			1,073			0				1,073
Corporate notes and bonds			0			6,805			0			6,805			0				6,805
Municipal securities			0			332			0			332			0				332
Common and preferred stock			9,552			1,825			14			11,391			0				11,391
Derivatives			5			348			7			360			(155	)			205


Total		$	76,574		$	15,724		$	21		$	92,319		$	(155	)		$	92,164



Liabilities

Derivatives and other		$	5		$	153		$	126		$	284		$	(155	)		$	129



(a)	These amounts represent the impact of netting derivative assets and derivative liabilities when a legally enforceable master netting agreement exists and fair value adjustments related to our own credit risk and counterparty credit risk.
The changes in our Level 3 financial instruments that are measured at fair value on a recurring basis were immaterial during the periods presented.

The following table reconciles the total “Net Fair Value” of assets above to the balance sheet presentation of these same assets in Note 4 – Investments.


(In millions)



December 31,					June 30,
2014					2014

Net fair value of assets measured at fair value on a recurring basis		$	97,350		$	92,164
Cash			4,468			4,980
Common and preferred stock measured at fair value on a nonrecurring basis			550			520
Other investments measured at fair value on a nonrecurring basis			750			1,150
Less derivative net assets classified as other current assets			(557	)		(38	)
Other			2			(6	)


Recorded basis of investment components		$	102,563		$	98,770


Financial Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis
During the three and six months ended December 31, 2014 and 2013, we did not record any material other-than-temporary impairments on financial assets required to be measured at fair value on a nonrecurring basis.

INVENTORIES

INVENTORIES	6 Months Ended
	Dec. 31, 2014
INVENTORIES	NOTE 7 — INVENTORIES
	The components of inventories were as follows:


	(In millions)



	December 31,			June 30,
	2014			2014

	Raw materials	$	681	$	944
	Work in process		260		266
	Finished goods		1,112		1,450


	Total	$	2,053	$	2,660

BUSINESS_COMBINATIONS

BUSINESS COMBINATIONS	6 Months Ended
BUSINESS COMBINATIONS	Dec. 31, 2014
BUSINESS COMBINATIONS	NOTE 8 — BUSINESS COMBINATIONS
	Nokia’s Devices and Services Business
	On April 25, 2014, we acquired substantially all of Nokia Corporation’s (“Nokia”) Devices and Services business (“NDS”) for a total purchase price of $9.4 billion, including cash acquired of $1.5 billion (the “Acquisition”). The purchase price consisted primarily of cash of $7.1 billion and Nokia’s repurchase of convertible notes of $2.1 billion, which was a non-cash transaction. The Acquisition is expected to accelerate the growth of our Devices and Consumer (“D&C”) business through faster innovation, synergies, and unified branding and marketing.
	The purchase price allocation as of December 31, 2014 and June 30, 2014, was based on a preliminary valuation and is subject to revision as more detailed analyses are completed and additional information about the fair value of assets acquired and liabilities assumed become available. The allocation of purchase price to goodwill was revised as of December 31, 2014. Goodwill was reduced by $29 million, due to revisions that decreased the acquisition date fair value of other current assets by $14 million, other long-term assets by $7 million, long-term liabilities by $27 million, and the purchase price by $23 million. The adjustments did not have a material effect on our current or prior period consolidated financial statements.

	The major classes of assets and liabilities to which we have preliminarily allocated the purchase price were as follows:


	(In millions)



	Cash		$	1,503
	Accounts receivable ^(a)			754
	Inventories			544
	Other current assets			946
	Property and equipment			981
	Intangible assets			4,509
	Goodwill ^(b)			5,429
	Other			242
	Current liabilities			(4,576	)
	Long-term liabilities			(890	)


	Total purchase price		$	9,442



	(a)	Gross accounts receivable is $901 million, of which $147 million is expected to be uncollectible.

	(b)	Goodwill was assigned to our Phone Hardware segment. The goodwill was primarily attributed to increased synergies that are expected to be achieved from the integration of NDS.
	Mojang Synergies AB
	On November 6, 2014, we acquired Mojang Synergies AB (“Mojang”), the Swedish video game developer of the Minecraft gaming franchise, for $2.5 billion in cash, net of cash acquired. The addition of Minecraft and its community enhances our gaming portfolio across Windows, Xbox, and other ecosystems and devices outside our own. Our purchase price allocation is preliminary and subject to revision as more detailed analyses are completed and additional information about fair value of assets and liabilities becomes available, including additional information relating to tax matters and finalization of our valuation of identified intangible assets.
	The significant classes of assets and liabilities to which we preliminarily allocated the purchase price were goodwill of $1.8 billion and identifiable intangible assets of $916 million, primarily marketing-related (trade names). The goodwill recognized in connection with the acquisition is primarily attributable to anticipated synergies from future growth, and is not expected to be deductible for tax purposes. We assigned the goodwill to our D&C Other segment. Identifiable intangible assets were assigned a total weighted-average amortization period of 6.4 years. Mojang has been included in our consolidated results of operations since the acquisition date.
	Other
	During the six months ended December 31, 2014, we completed seven additional acquisitions for total cash consideration of $422 million. These entities have been included in our consolidated results of operations since their respective acquisition dates.
	Pro forma results of operations for Mojang and our other acquisitions during the current period have not been presented because the effects of these business combinations, individually and in aggregate, were not material to our consolidated results of operations.

GOODWILL

GOODWILL	6 Months Ended
	Dec. 31, 2014
GOODWILL	NOTE 9 — GOODWILL
	Changes in the carrying amount of goodwill were as follows:


	(In millions)		June 30,		Acquisitions			Other			December 31,
			2014								2014



	Devices and Consumer	Licensing	$	868		$	4	$	0			$	872
		Hardware:
		Computing and Gaming Hardware		1,698			0		(38	)			1,660
		Phone Hardware		5,354			0		(90	)			5,264


		Total Devices and Consumer Hardware		7,052			0		(128	)			6,924
		Other		738			1,772		(101	)			2,409


		Total Devices and Consumer		8,658			1,776		(229	)			10,205


	Commercial	Licensing		10,058			0		(137	)			9,921
		Other		1,411			323		(5	)			1,729


		Total Commercial		11,469			323		(142	)			11,650


	Total goodwill		$	20,127		$	2,099	$	(371	)		$	21,855


	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 recasting of the amounts allocated to goodwill retroactive to the periods in which the acquisitions occurred.
	Any change in the goodwill amounts resulting from foreign currency translations and purchase accounting adjustments are presented as “Other” in the above table.

INTANGIBLE_ASSETS

INTANGIBLE ASSETS	6 Months Ended
INTANGIBLE ASSETS	Dec. 31, 2014
INTANGIBLE ASSETS	NOTE 10 — 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		Amortization				Carrying		Carrying		Amortization				Carrying
			Amount						Amount		Amount						Amount



			December 31,								June 30,
			2014								2014

	Technology-based ^(a)		$	6,911		$	(3,028	)	$	3,883	$	6,440		$	(2,615	)	$	3,825
	Marketing-related			2,028			(435	)		1,593		1,518			(324	)		1,194
	Contract-based			2,265			(797	)		1,468		2,266			(716	)		1,550
	Customer-related			775			(420	)		355		732			(320	)		412


	Total		$	11,979		$	(4,680	)	$	7,299	$	10,956		$	(3,975	)	$	6,981



	(a)	Technology-based intangible assets included $43 million and $98 million as of December 31, 2014 and June 30, 2014, respectively, of net carrying amount of software to be sold, leased, or otherwise marketed.
	Intangible assets amortization expense was $329 million and $701 million for the three and six months ended December 31, 2014, respectively, and $166 million and $328 million for the three and six months ended December 31, 2013, respectively. Amortization of capitalized software was $15 million and $55 million for the three and six months ended December 31, 2014, respectively, and $50 million and $96 million for the three and six months ended December 31, 2013, respectively.

	The following table outlines the estimated future amortization expense related to intangible assets held at December 31, 2014:


	(In millions)



	Year Ending June 30,

	2015 (excluding the six months ended December 31, 2014)		$	683
	2016			1,233
	2017			978
	2018			843
	2019			759
	Thereafter			2,803


	Total		$	7,299

DEBT

DEBT	6 Months Ended
DEBT	Dec. 31, 2014
DEBT	NOTE 11 — DEBT
	As of December 31, 2014, we had $28.3 billion of issued and outstanding debt, comprising $8.3 billion of short-term debt and $20.0 billion of long-term debt, including the current portion. As of June 30, 2014, we had $22.6 billion of issued and outstanding debt, comprising $2.0 billion of short-term debt and $20.6 billion of long-term debt.
	Short-term Debt
	As of December 31, 2014, we had $8.3 billion of commercial paper issued and outstanding, with a weighted-average interest rate of 0.11% and maturities ranging from 16 to 89 days. As of June 30, 2014, we had $2.0 billion of commercial paper issued and outstanding, with a weighted-average interest rate of 0.12% and maturities ranging from 86 to 91 days. The estimated fair value of this commercial paper approximates its carrying value.
	In addition to the $5.0 billion credit facility that expires on November 14, 2018, we entered into another $5.0 billion credit facility in November 2014 that expires on November 4, 2015. These credit facilities serve as a back-up for our commercial paper program. As of December 31, 2014, 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 interest, taxes, depreciation, and amortization to interest expense, as defined in the credit agreements. No amounts were drawn against these credit facilities during any of the periods presented.
	Long-term Debt
	As of December 31, 2014, the total carrying value and estimated fair value of our long-term debt, including the current portion, were $20.0 billion and $21.6 billion, respectively. This is compared to a carrying value and estimated fair value of our long-term debt of $20.6 billion and $21.5 billion, respectively, as of June 30, 2014. These estimated fair values are based on Level 2 inputs.

	The components of our long-term debt, including the current portion, and the associated interest rates were as follows as of December 31, 2014 and June 30, 2014:


	Due Date		Face Value			Face Value		Stated		Effective
			December 31,			June 30,		Interest		Interest
			2014			2014		Rate		Rate


				(In millions)

	Notes

	September 25, 2015			$	1,750	$	1,750		1.63%		1.80%
	February 8, 2016				750		750		2.50%		2.64%
	November 15, 2017				600		600		0.88%		1.08%
	May 1, 2018				450		450		1.00%		1.11%
	December 6, 2018				1,250		1,250		1.63%		1.82%
	June 1, 2019				1,000		1,000		4.20%		4.38%
	October 1, 2020				1,000		1,000		3.00%		3.14%
	February 8, 2021				500		500		4.00%		4.08%
	December 6, 2021 ^(a)				2,119		2,396		2.13%		2.23%
	November 15, 2022				750		750		2.13%		2.24%
	May 1, 2023				1,000		1,000		2.38%		2.47%
	December 15, 2023				1,500		1,500		3.62%		3.73%
	December 6, 2028 ^(a)				2,119		2,396		3.13%		3.22%
	May 2, 2033 ^(b)				666		753		2.63%		2.69%
	June 1, 2039				750		750		5.20%		5.24%
	October 1, 2040				1,000		1,000		4.50%		4.57%
	February 8, 2041				1,000		1,000		5.30%		5.36%
	November 15, 2042				900		900		3.50%		3.57%
	May 1, 2043				500		500		3.75%		3.83%
	December 15, 2043				500		500		4.88%		4.92%


	Total			$	20,104	$	20,745



	(a)	In December 2013, we issued €3.5 billion of debt securities.

	(b)	In April 2013, we issued €550 million of debt securities.
	The notes in the table above are senior unsecured obligations and rank equally with our other senior unsecured debt outstanding. Interest on these notes is paid semi-annually, except for the euro-denominated debt securities on which interest is paid annually. As of December 31, 2014 and June 30, 2014, the aggregate unamortized discount for our long-term debt, including the current portion, was $95 million and $100 million, respectively.

INCOME_TAXES

INCOME TAXES	6 Months Ended
INCOME TAXES	Dec. 31, 2014
INCOME TAXES	NOTE 12 — INCOME TAXES
	Our effective tax rate for the three months ended December 31, 2014 and 2013 was 25% and 17%, respectively, and 24% and 17% for the six months ended December 31, 2014 and 2013, respectively. Our effective tax rate was lower than the U.S. federal statutory rate 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 centers in Ireland, Singapore, and Puerto Rico.
	Tax contingencies and other tax liabilities were $11.3 billion and $10.4 billion as of December 31, 2014 and June 30, 2014, respectively, and are included in other long-term liabilities. This increase relates primarily to current period quarterly growth relating to intercompany transfer pricing adjustments. While we settled a portion of the Internal Revenue Service (“I.R.S.”) audit for tax years 2004 to 2006 during the third quarter of fiscal year 2011, we remain under audit for those years. In February 2012, the I.R.S. withdrew its 2011 Revenue Agents Report and reopened the audit phase of the examination. As of December 31, 2014, the primary unresolved issue relates to transfer pricing which could have a significant adverse impact on our consolidated financial statements if it is not resolved favorably. We believe our allowances for income tax contingencies are adequate. We have not received a proposed assessment for the unresolved issues and 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 also continue to be subject to examination by the I.R.S. for tax years 2007 to 2014.

	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 2014, some of which are currently under audit by local tax authorities. Resolution of these audits are not expected to be material to our consolidated financial statements.

RESTRUCTURING_CHARGES

RESTRUCTURING CHARGES	6 Months Ended
	Dec. 31, 2014
RESTRUCTURING CHARGES	NOTE 13 — RESTRUCTURING CHARGES
	In July 2014, we announced a restructuring plan to simplify our organization and align NDS with our company’s overall strategy (the “Restructuring Plan”). Pursuant to the Restructuring Plan, we will eliminate up to 18,000 positions in the current fiscal year, including approximately 12,500 professional and factory positions related to the NDS business. The actions associated with the Restructuring Plan are expected to be completed by June 30, 2015.
	We incurred restructuring charges of $132 million and $1.2 billion during the three and six months ended December 31, 2014, respectively, including severance expenses and other reorganization costs, primarily associated with our facilities consolidation. As of December 31, 2014, we have notified approximately 17,500 employees of their job elimination, entered into mutually agreed separations, or commenced required consultation processes, and recognized substantially all anticipated severance charges for the 18,000 positions in the Restructuring Plan. We also wrote down the carrying value of certain assets and recognized a restructuring charge relating to the write downs of $56 million and $309 million during the three and six months ended December 31, 2014, respectively. Restructuring charges were included in integration and restructuring expenses in our consolidated income statement, and reflected in Corporate and Other in our table of operating income (loss) by segment group in Note 18 – Segment Information.
	During the remainder of fiscal year 2015, we expect to incur additional pre-tax restructuring charges of approximately $200 million, primarily related to asset write-downs and lease termination costs.
	Changes in the restructuring liability were as follows:



	(In millions)			Severance			Asset			Total
							Impairments
							and Other	(a)


	Restructuring liability as of June 30, 2014		$	0		$	0		$	0
	Restructuring charges			739			441			1,180
	Cash paid			(521	)		(56	)		(577	)
	Other			(15	)		(313	)		(328	)


	Restructuring liability as of December 31, 2014		$	203		$	72		$	275



	(a)	“Asset Impairments and Other” primarily reflects activities associated with the consolidation of our facilities and manufacturing operations, including asset write-downs of $309 million in the six months ended December 31, 2014, as well as contract termination costs.

UNEARNED_REVENUE

UNEARNED REVENUE	6 Months Ended
	Dec. 31, 2014
UNEARNED REVENUE	NOTE 14 — UNEARNED REVENUE
	Unearned revenue by segment was as follows, with segments with significant balances shown separately:


	(In millions)



		December 31,		June 30,
		2014		2014

	Commercial Licensing	$	15,776	$	19,099
	Commercial Other		3,486		3,934
	Rest of the segments		1,981		2,125


	Total	$	21,243	$	25,158

CONTINGENCIES

CONTINGENCIES	6 Months Ended
	Dec. 31, 2014
CONTINGENCIES	NOTE 15 — CONTINGENCIES
	Antitrust, Unfair Competition, and Overcharge Class Actions
	A large number of antitrust and unfair competition class action lawsuits were filed against us in various state, federal, and Canadian courts on behalf of various classes of direct and indirect purchasers of our PC operating system and certain other software products between 1999 and 2005.
	We obtained dismissals or reached settlements of all claims made in the United States. Under the settlements, generally class members can obtain vouchers that entitle them to be reimbursed for purchases of a wide variety of platform-neutral computer hardware and software. The total value of vouchers that we may issue varies by state. We will make available to certain schools a percentage of those vouchers that are not issued or claimed (one-half to two-thirds depending on the state). The total value of vouchers we ultimately issue will depend on the number of class members who make claims and are issued vouchers. We estimate the total remaining cost of the settlements is approximately $300 million, all of which had been accrued as of December 31, 2014.
	Three similar cases pending in British Columbia, Ontario, and Quebec, Canada have not been settled. In March 2010, the court in the British Columbia case certified it as a class action. After the British Columbia Court of Appeal dismissed the case, in October 2013 the Canadian Supreme Court reversed the appellate court and reinstated part of the British Columbia case, which is now scheduled for trial in September 2015. The other two cases were inactive pending action by the Supreme Court on the British Columbia case.
	Other Antitrust Litigation and Claims
	GO Computer litigation
	In June 2005, GO Computer Inc. and co-founder Jerry Kaplan filed a complaint in California state court asserting antitrust claims under the Cartwright Act related to the business of the former GO Corporation in the early 1990s and its successor in interest, Lucent Corporation in the early 2000s. All claims prior to June 2001 have been dismissed with prejudice as barred by the statute of limitations. After a mini-trial on standing issues, the case is now moving forward with discovery, and a trial is set for September 2015.
	China State Administration for Industry and Commerce investigation
	On July 28, 2014, Microsoft was informed that China’s State Administration for Industry and Commerce (“SAIC”) had begun a formal investigation relating to China’s Anti-Monopoly Law, and the SAIC conducted onsite inspections of Microsoft offices in Beijing, Shanghai, Guangzhou, and Chengdu. SAIC has stated the investigation relates to compatibility, bundle sales, and file verification issues related to Windows and Office software.
	Patent and Intellectual Property Claims
	Motorola litigation
	In October 2010, Microsoft filed patent infringement complaints against Motorola Mobility (“Motorola”) with the International Trade Commission (“ITC”) and in U.S. District Court in Seattle for infringement of nine Microsoft patents by Motorola’s Android devices. Since then, Microsoft and Motorola have filed additional claims against each other with the ITC, in federal district courts in Seattle, Wisconsin, Florida, and California, and in courts in Germany and the United Kingdom. The nature of the claims asserted and status of individual matters are summarized below.
	International Trade Commission
	In May 2012, the ITC issued a limited exclusion order against Motorola on one Microsoft patent, which became effective in July 2012 and was affirmed on appeal in December 2013. In July 2013, Microsoft filed an action in U.S. District Court in Washington, D.C. seeking an order to compel enforcement of the ITC’s May 2012 import ban against infringing Motorola products by the Bureau of Customs and Border Protection (“CBP”), after learning that CBP had failed to fully enforce the order.
	In November 2010, Motorola filed an action against Microsoft with the ITC alleging infringement of five Motorola patents by Xbox consoles and accessories and seeking an exclusion order to prohibit importation of the allegedly infringing Xbox products. At Motorola’s request, the ITC terminated its investigation of four Motorola patents. In March 2013, the ITC affirmed there was no violation of the remaining Motorola patent. Motorola appealed the ITC’s decision to the U.S. Court of Appeals for the Federal Circuit.

	U.S. District Court
	The Seattle District Court case filed in October 2010 by Microsoft as a companion to Microsoft’s ITC case against Motorola was stayed pending the outcome of the ITC case.
	In November 2010, Microsoft sued Motorola for breach of contract in U.S. District Court in Seattle, alleging that Motorola breached its commitments to standards-setting organizations to license to Microsoft certain patents on reasonable and non-discriminatory (“RAND”) terms and conditions. Motorola has declared these patents essential to the implementation of the H.264 video standard and the 802.11 Wi-Fi standard. In the Motorola ITC case described above and in suits described below, Motorola or a Motorola affiliate subsequently sued Microsoft on those patents in U.S. District Courts, in the ITC, and in Germany. In February 2012, the Seattle District Court granted a partial summary judgment in favor of Microsoft ruling that (1) Motorola had committed to standards organizations to license its declared-essential patents on RAND terms and conditions; and (2) Microsoft is a third-party beneficiary of those commitments. After trial, the Seattle District Court set per unit royalties for Motorola’s H.264 and 802.11 patents, which resulted in an immaterial Microsoft liability. In September 2013, following trial of Microsoft’s breach of contract claim, a jury awarded $14.5 million in damages to Microsoft. Motorola appealed.
	Cases filed by Motorola in Wisconsin, California, and Florida, with the exception of one case in Wisconsin initially stayed and later dismissed without prejudice (a companion case to Motorola’s ITC action), have been transferred to the U.S District Court in Seattle. Motorola and Microsoft both seek damages as well as injunctive relief. The court has stayed these cases in Seattle on agreement of the parties.

		•	In the transferred cases, Motorola asserts 15 patents are infringed by a range of Microsoft products including mobile and PC operating system, productivity, server, communication, browser and gaming products.

		•	In the Motorola action originally filed in California, Motorola asserts Microsoft violated antitrust laws in connection with Microsoft’s assertion of patents against Motorola that Microsoft agreed to license to certain qualifying entities on RAND terms and conditions.

		•	In counterclaims, Microsoft asserts 14 patents are infringed by Motorola Android devices and certain Motorola digital video recorders.
	Germany
	In July 2011, Motorola filed patent infringement actions in Germany against Microsoft and several Microsoft subsidiaries.

		•	Motorola asserts two patents (both now expired) are essential to implementation of the H.264 video standard, and Motorola alleges that H.264 capable products including Xbox 360, Windows 7, Media Player, and Internet Explorer infringe those patents. In May 2012, the court issued an injunction relating to all H.264 capable Microsoft products in Germany, which Microsoft appealed. Orders in the litigation pending in Seattle, Washington described above enjoin Motorola from enforcing the German injunction.

		•	Motorola asserts that one patent covers certain syncing functionality in the ActiveSync protocol employed by Windows Phone 7, Outlook Mobile, Hotmail Mobile, Exchange Online, Exchange Server, and Hotmail Server. In April 2013, the court stayed the case pending the outcome of parallel proceedings in which Microsoft is seeking to invalidate the patent. In November 2013, the Federal Patent Court invalidated the originally issued patent claims, but ruled that certain new amended claims were patentable. Both Motorola and Microsoft appealed. In June 2014, the court reopened infringement proceedings, which are currently stayed.

		•	Microsoft may be able to mitigate the adverse impact of any injunction by altering its products to avoid Motorola’s infringement claims.

		•	Any damages would be determined in separate proceedings.
	In lawsuits Microsoft filed in Germany in 2011 and 2012, Microsoft asserts that Motorola Android devices infringe Microsoft patents and is seeking damages and injunctions. In 2012, regional courts in Germany issued injunctions on three of the Microsoft patents, which Motorola appealed. One judgment has been affirmed on appeal (and Motorola has further appealed), and the other two appeals are pending (in one of these two cases the asserted patent has expired). An additional infringement proceeding is still pending in the court of first instance. In actions filed separately by Motorola to invalidate these patents, the Federal Patent Court in 2013 and 2014 held the Microsoft patents invalid, and Microsoft appealed. For the cases in which Microsoft obtained injunctions, if Motorola were to prevail following all appeals, Motorola could have a claim against Microsoft for damages caused by an erroneously granted injunction.
	IPCom patent litigation
	IPCom GmbH & Co. (“IPCom”) is a German company that holds a large portfolio of mobile technology related patents spanning about 170 patent families and addressing a broad range of cellular technologies. IPCom has asserted 19 of these patents in litigation against Nokia and many of the leading cell phone companies and operators. In November 2014, Microsoft and IPCom entered into a standstill agreement staying all of the pending litigation against Microsoft to permit the parties to pursue settlement discussions.
	Interdigital patent litigation
	InterDigital Technology Corporation and InterDigital Communications Corporation (collectively, “IDT”) filed four patent infringement cases against Nokia in the ITC and in U.S. District Court for the District of Delaware between 2007 and 2013. We have been added to these cases as a defendant. IDT has cases pending against other defendants based on the same patents because most of the patents at issue allegedly relate to 3G and 4G wireless communications standards essential functionality. The cases involving us include three ITC investigations where IDT is seeking an order excluding importation of 3G and 4G phones into the U.S. and one active case in U.S. District Court in Delaware seeking an injunction and damages.
	European copyright levies
	We have assumed from Nokia all potential liability due to Nokia’s alleged failure to pay “private copying levies” in various European countries based upon sale of memory cards and mobile phones that incorporate blank memory. The levies are based upon a 2001 European Union (“EU”) Directive establishing a right for end users to make copies of copyrighted works for personal or private use, but also allowing the collection of levies based upon sales of blank media or recording devices to compensate copyright holders for private copying. Various collecting societies in EU countries initiated litigation against Nokia, stating that Nokia must pay levies not only based upon sales of blank memory cards, but also phones that include blank memory for data storage on the phones, regardless of actual usage of that memory. The most significant cases against Nokia are pending in Germany and Austria, due to both the high volume of sales and high levy amounts sought in these countries. We are litigating against certain collecting societies on the basis that the levy schemes exceed what the EU Directive and European Court of Justice decisions permit.
	Other patent and intellectual property claims
	In addition to these cases, there are approximately 100 other patent infringement cases pending against Microsoft.
	Product-Related Litigation
	U.S. cell phone litigation
	Nokia, along with other handset manufacturers and network operators, is a defendant in 19 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 have assumed responsibility for these claims as part of the NDS acquisition and have been substituted for the Nokia defendants. Nine of these cases were filed in 2002 and are consolidated for certain pre-trial proceedings; the remaining 10 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 September 2013, defendants in the consolidated cases moved to exclude plaintiffs’ expert evidence of general causation on the basis of flawed scientific methodologies. The motion was heard in December 2013 and January 2014. In March 2014, defendants filed a separate motion to preclude plaintiffs’ general causation testimony on the ground that it is pre-empted by federal law because the experts challenge the safety of all cellular handsets, including those that comply with the FCC Guidelines. In August 2014, the court granted in part defendants’ motion to exclude plaintiffs’ general causation experts. The court granted an order permitting an interlocutory appeal of its decision in October 2014. In December 2014, the District of Columbia Court of Appeals agreed to hear en banc defendants’ interlocutory appeal challenging the standard for evaluating expert scientific evidence. The appeal is scheduled for argument in May 2015. Trial court proceedings are stayed pending resolution of the appeal.
	Canadian cell phone class action
	Nokia, along with other handset manufacturers and network operators, is a defendant in a 2013 class action lawsuit filed in the Supreme Court of British Columbia by a purported class of Canadians who have used cellular phones for at least 1,600 hours, including a subclass of users with brain tumors. Microsoft was served with the complaint in June 2014 and has been substituted for the Nokia defendants. The litigation is not yet active as several defendants remain to be served.
	Other
	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 on 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 December 31, 2014, we had accrued aggregate liabilities of $691 million in other current liabilities and $35 million in other long-term liabilities for all of our legal matters that were contingencies as of that date. While we intend to defend these matters vigorously, adverse outcomes that we estimate could reach approximately $1.9 billion in aggregate beyond recorded amounts are reasonably possible. Were unfavorable final outcomes to occur, there exists the possibility of a material adverse impact on our consolidated financial statements for the period in which the effects become reasonably estimable.

STOCKHOLDERS_EQUITY

STOCKHOLDERS' EQUITY	6 Months Ended
STOCKHOLDERS' EQUITY	Dec. 31, 2014
STOCKHOLDERS' EQUITY	NOTE 16 — STOCKHOLDERS’ EQUITY
	Share Repurchases
	We repurchased the following shares of common stock through our share repurchase program, during the periods presented:


	(In millions)	Three Months Ended				Six Months Ended
	(In millions)	December 31,				December 31,



			2014		2013		2014		2013

	Shares of common stock repurchased		43		53		86		100
	Value of common stock repurchased	$	2,000	$	2,000	$	4,000	$	3,500


	The above table excludes shares repurchased to settle statutory employee tax withholding related to the vesting of stock awards. On September 16, 2013, our Board of Directors approved a share repurchase plan authorizing up to $40.0 billion in share repurchases. The share repurchase program became effective October 1, 2013, has no expiration date, and may be suspended or discontinued at any time without notice. As of December 31, 2014, $31.1 billion remained of our $40.0 billion share repurchase program. All repurchases were made using cash resources.

	Dividends
	Our Board of Directors declared the following dividends during the periods presented:


	Declaration Date	Dividend		Record Date		Total Amount		Payment Date
	Declaration Date	Per Share		Record Date		Total Amount		Payment Date


						(in millions)

	Fiscal Year 2015

	September 16, 2014	$	0.31		November 20, 2014	$	2,547		December 11, 2014
	December 3, 2014	$	0.31		19-Feb-15	$	2,548		12-Mar-15



	Fiscal Year 2014

	September 16, 2013	$	0.28		November 21, 2013	$	2,332		December 12, 2013
	November 19, 2013	$	0.28		20-Feb-14	$	2,322		13-Mar-14


	The dividend declared on December 3, 2014 was included in other current liabilities as of December 31, 2014.

ACCUMULATED_OTHER_COMPREHENSIV

ACCUMULATED OTHER COMPREHENSIVE INCOME	6 Months Ended
	Dec. 31, 2014
ACCUMULATED OTHER COMPREHENSIVE INCOME	NOTE 17 — ACCUMULATED OTHER COMPREHENSIVE INCOME
	The following table summarizes the changes in accumulated other comprehensive income by component:


	(In millions)	Three Months Ended						Six Months Ended
		December 31,						December 31,



		2014			2013			2014			2013

	Derivatives

	Accumulated other comprehensive income balance, beginning of period	$	350		$	40		$	31		$	66
	Unrealized gains, net of tax effects of $8, $2, $12, and $0		357			67			692			59

	Reclassification adjustments for gains included in revenue		(112	)		(25	)		(128	)		(44	)
	Tax expense included in provision for income taxes		2			1			2			2


	Amounts reclassified from accumulated other comprehensive income		(110	)		(24	)		(126	)		(42	)


	Net current period other comprehensive income		247			43			566			17


	Accumulated other comprehensive income balance, end of period	$	597		$	83		$	597		$	83



	Investments

	Accumulated other comprehensive income balance, beginning of period	$	3,342		$	2,746		$	3,531		$	1,794
	Unrealized gains (losses), net of tax effects of $(12), $270, $(86), and $760		(24	)		527			(162	)		1,474

	Reclassification adjustments for gains included in other income (expense)		(319	)		(70	)		(398	)		(63	)
	Tax expense included in provision for income taxes		112			25			140			23


	Amounts reclassified from accumulated other comprehensive income		(207	)		(45	)		(258	)		(40	)


	Net current period other comprehensive income (loss)		(231	)		482			(420	)		1,434


	Accumulated other comprehensive income balance, end of period	$	3,111		$	3,228		$	3,111		$	3,228



	Translation adjustments and other

	Accumulated other comprehensive income (loss) balance, beginning of period	$	65		$	(55	)	$	146		$	(117	)
	Translation adjustments and other, net of tax effects of $(211), $11, $(258), and $44		(390	)		21			(471	)		83


	Accumulated other comprehensive loss balance, end of period	$	(325	)	$	(34	)	$	(325	)	$	(34	)


	Accumulated other comprehensive income, end of period	$	3,383		$	3,277		$	3,383		$	3,277

SEGMENT_INFORMATION

SEGMENT INFORMATION	6 Months Ended
SEGMENT INFORMATION	Dec. 31, 2014
SEGMENT INFORMATION	NOTE 18 — SEGMENT INFORMATION
	In its operation of the business, management, including our chief operating decision maker, the company’s Chief Executive Officer, reviews certain financial information, including segmented internal profit and loss statements prepared on a basis not consistent with U.S. GAAP. The segment information in this note is reported on that basis. During the periods presented, we reported our financial performance based on the following segments; D&C Licensing, Computing and Gaming Hardware, Phone Hardware, D&C Other, Commercial Licensing, and Commercial Other.
	On April 25, 2014, we acquired substantially all of NDS. See Note 8 – Business Combinations for additional details. NDS has been included in our consolidated results of operations since the acquisition date. We report the financial performance of the acquired business in our Phone Hardware segment. Prior to the acquisition of NDS, financial results associated with our joint strategic initiatives with Nokia were reflected in our D&C Licensing segment. The contractual relationship with Nokia related to those initiatives ended in conjunction with the acquisition.

	Our reportable segments are described below.
	Devices and Consumer
	Our D&C segments develop, manufacture, market, and support products and services designed to entertain and connect people, increase personal productivity, help people simplify tasks and make more informed decisions online, and help advertisers connect with audiences. Our D&C segments are:

		•		D&C Licensing, comprising: Windows, including all original equipment manufacturer (“OEM”) licensing (“Windows OEM”) and other non-volume licensing and academic volume licensing of the Windows operating system and related software; non-volume licensing of Microsoft Office, comprising the core Office product set, for consumers (“Office Consumer”); Windows Phone operating system, including related patent licensing; and certain other patent licensing revenue;

		•		Computing and Gaming Hardware, comprising: Xbox gaming and entertainment consoles and accessories, second-party and third-party video game royalties, and Xbox Live subscriptions (“Xbox Platform”); Surface devices and accessories (“Surface”); and Microsoft PC accessories;

		•		Phone Hardware, comprising: Lumia phones and other non-Lumia phones, beginning with our acquisition of NDS; and

		•		D&C Other, comprising: Resale, including Windows Store, Xbox Live transactions, and Windows Phone Store; search advertising; display advertising; Office 365 Consumer, comprising Office 365 Home and Office 365 Personal; Studios, comprising first-party video games; Mojang; non-Microsoft products sold in our retail stores; and certain other consumer products and services not included in the categories above.
	Commercial
	Our Commercial segments develop, market, and support software and services designed to increase individual, team, and organizational productivity and efficiency, including simplifying everyday tasks through seamless operations across the user’s hardware and software. Our Commercial segments are:

		•		Commercial Licensing, comprising: server products, including Windows Server, Microsoft SQL Server, Visual Studio, System Center, and related Client Access Licenses (“CALs”); Windows Embedded; volume licensing of the Windows operating system, excluding academic (“Windows Commercial”); Microsoft Office for business, including Office, Exchange, SharePoint, Lync, and related CALs (“Office Commercial”); Microsoft Dynamics business solutions, excluding Dynamics CRM Online; and Skype; and

		•		Commercial Other, comprising: Enterprise Services, including Premier Support Services and Microsoft Consulting Services; Commercial Cloud, comprising Office 365 Commercial, other Microsoft Office online offerings, Dynamics CRM Online, and Microsoft Azure; and certain other commercial products and online services not included in the categories above.
	Revenue and cost of revenue are generally directly attributed to our segments. Certain revenue contracts are 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 directly charged to our hardware segments. For the remaining segments, cost of revenue is directly charged in most cases and allocated in certain cases, generally using a relative revenue methodology.
	We do not allocate operating expenses to our segments. Rather, we allocate them to our two segment groups, Devices and Consumer and Commercial. Due to the integrated structure of our business, allocations of expenses are made in certain cases to incent cross-collaboration among our segment groups so that a segment group is not solely burdened by the cost of a mutually beneficial activity as we seek to deliver seamless experiences across devices, whether on-premises or in the cloud.
	Operating expenses are attributed to our segment groups as follows:

		•		Sales and marketing expenses are primarily recorded directly to each segment group based on identified customer segment.

		•		Research and development expenses are primarily shared across the segment groups based on relative gross margin but are mapped directly in certain cases where the value of the expense only accrues to that segment group.

		•		General and administrative expenses are primarily allocated based on relative gross margin.
	Certain corporate-level activity is not allocated to our segment groups, including costs of: legal, including expenses, settlements, and fines; information technology; human resources; finance; excise taxes; and integration and restructuring expenses.
	Segment revenue and gross margin were as follows during the periods presented:


	(In millions)				Three Months Ended								Six Months Ended
	(In millions)				December 31,								December 31,



					2014				2013				2014				2013

	Revenue

	Devices and Consumer		Licensing		$	4,167			$	5,544			$	8,260			$	10,028
			Hardware:
			Computing and Gaming Hardware			3,997				4,470				6,450				5,879
			Phone Hardware			2,284				0				4,893				0


			Total Devices and Consumer Hardware			6,281				4,470				11,343				5,879
			Other			2,436				1,874				4,245				3,428


			Total Devices and Consumer			12,884				11,888				23,848				19,335



	Commercial		Licensing			10,679				10,906				20,552				20,517
			Other			2,593				1,780				5,000				3,382


			Total Commercial			13,272				12,686				25,552				23,899


Corporate and Other					314				(55	)			271				(186	)


Total revenue				$	26,470			$	24,519			$	49,671			$	43,048



Gross Margin

Devices and Consumer		Licensing		$	3,876			$	4,981			$	7,694			$	8,901
		Hardware:
		Computing and Gaming Hardware			460				411				939				616
		Phone Hardware			331				0				809				0


		Total Devices and Consumer Hardware			791				411				1,748				616
		Other			550				387				862				711


		Total Devices and Consumer			5,217				5,779				10,304				10,228



Commercial		Licensing			9,926				10,080				19,026				18,885
		Other			900				415				1,705				689


		Total Commercial			10,826				10,495				20,731				19,574


Corporate and Other					291				(77	)			227				(221	)


Total gross margin				$	16,334			$	16,197			$	31,262			$	29,581



Following is operating expenses by segment group. As discussed above, we do not allocate operating expenses to our segments.


(In millions)		Three Months Ended								Six Months Ended
(In millions)		December 31,								December 31,



		2014				2013				2014				2013

Devices and Consumer		$	3,324			$	3,178			$	6,383			$	5,466
Commercial			4,300				4,189				8,333				8,211
Corporate and Other			691				861				1,543				1,601


Total segment operating expenses			8,315				8,228				16,259				15,278
Integration and restructuring			243				0				1,383				0


Total operating expenses		$	8,558			$	8,228			$	17,642			$	15,278


Following is operating income (loss) by segment group.


(In millions)		Three Months Ended								Six Months Ended
(In millions)		December 31,								December 31,



		2014				2013				2014				2013

Devices and Consumer		$	1,893			$	2,601			$	3,921			$	4,762
Commercial			6,526				6,306				12,398				11,363
Corporate and Other			(643	)			(938	)			(2,699	)			(1,822	)


Total operating income		$	7,776			$	7,969			$	13,620			$	14,303


Corporate and Other operating income includes adjustments to conform our internal accounting policies to U.S. GAAP and corporate-level activity not specifically attributed to a segment. Significant internal accounting policies that differ from U.S. GAAP relate to revenue recognition, income statement classification, and depreciation.
Corporate and Other activity was as follows:


(In millions)		Three Months Ended								Six Months Ended
(In millions)		December 31,								December 31,



		2014				2013				2014				2013

Corporate ^(a)(b)		$	(889	)		$	(854	)		$	(2,823	)		$	(1,599	)
Other (adjustments to U.S. GAAP):
Revenue reconciling amounts ^(c)			314				(55	)			271				(186	)
Cost of revenue reconciling amounts			(23	)			(22	)			(44	)			(35	)
Operating expenses reconciling amounts			(45	)			(7	)			(103	)			(2	)


Total Corporate and Other		$	(643	)		$	(938	)		$	(2,699	)		$	(1,822	)



(a)	Corporate is presented on the basis of our internal accounting policies and excludes the adjustments to U.S. GAAP that are presented separately in those line items.

(b)	Corporate for the three and six months ended December 31, 2014 included integration and restructuring expenses of $243 million and $1.4 billion, respectively.

(c)	Revenue reconciling amounts for the three months ended December 31, 2014 included the recognition of $326 million of previously deferred net revenue related to sales of bundled products and services (“Bundled Offerings”). Revenue reconciling amounts for the three months ended December 31, 2013 included $135 million of net revenue deferrals related to Bundled Offerings, offset in part by the recognition of $105 million of previously deferred revenue related to the pre-sales of Windows 8.1 to OEMs and retailers before general availability.

Revenue reconciling amounts for the six months ended December 31, 2014 included the recognition of $297 million of previously deferred net revenue related to Bundled Offerings. Revenue reconciling amounts for the six months ended December 31, 2013 included $140 million of net revenue deferrals related to Bundled Offerings.
Assets are not allocated to segments for internal reporting presentations. A portion of amortization and depreciation is charged to the respective 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)	6 Months Ended
	Dec. 31, 2014
Accounting Principles	Accounting Principles
	We prepared our unaudited interim consolidated financial statements in conformity with accounting principles generally accepted in the United States of America (“U.S. 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 2014 Form 10-K filed with the U.S. Securities and Exchange Commission on July 31, 2014.
	We have recast certain prior period amounts to conform to the current period presentation, with no impact on consolidated net income or cash flows.
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. Equity investments through which we are able to exercise significant influence over but do not control the investee and are not the primary beneficiary of the investee’s activities are accounted for using the equity method. Investments through which we are not able to exercise significant influence over the investee and which do not have readily determinable fair values are accounted for under the cost method.
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 include: loss contingencies; product warranties; the fair value of, and/or potential goodwill impairment for, our reporting units; product life cycles; useful lives of our tangible and intangible assets; allowances for doubtful accounts; allowances for product returns; the market value of our inventory; and stock-based compensation forfeiture rates. Examples of assumptions include: the elements comprising a software arrangement, including the distinction between upgrades or enhancements and new products; when technological feasibility is achieved for our products; the potential outcome of future tax consequences of events that have been recognized in our consolidated financial statements or tax returns; and determining when investment impairments are other-than-temporary. Actual results and outcomes may differ from management’s estimates and assumptions.
Recent Accounting Guidance Not Yet Adopted	Recent accounting guidance not yet adopted
	In May 2014, as part of its ongoing efforts to assist in the convergence of U.S. GAAP and International Financial Reporting Standards, the Financial Accounting Standards Board issued a new standard related to revenue recognition. Under the new standard, recognition of revenue occurs when a customer obtains control of promised goods or services in an amount that reflects the consideration which the entity expects to receive in exchange for those goods or services. In addition, the standard requires disclosure of the nature, amount, timing, and uncertainty of revenue and cash flows arising from contracts with customers. The new standard will be effective for us beginning July 1, 2017, and early adoption is not permitted. We anticipate this standard will have a material impact on our consolidated financial statements, and we are currently evaluating its impact.
Earnings Per Share Policy	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.
Derivative Instruments	Derivative instruments are recognized as either assets or liabilities and are 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, the gains (losses) are recognized in earnings in the periods of change together with the offsetting losses (gains) on the hedged items attributed to the risk being hedged. For options designated as fair-value hedges, changes in the time value are excluded from the assessment of hedge effectiveness and are recognized in earnings.
	For derivative instruments designated as cash-flow hedges, the effective portion of the gains (losses) on the derivatives is initially reported as a component of other comprehensive income (“OCI”) and is subsequently recognized in earnings when the hedged exposure is recognized in earnings. For options designated as cash-flow hedges, changes in the time value are excluded from the assessment of hedge effectiveness and are recognized in earnings. Gains (losses) on derivatives representing either hedge components excluded from the assessment of effectiveness or hedge ineffectiveness are recognized in earnings.
	For derivative instruments that are not designated as hedges, gains (losses) from changes in fair values are primarily recognized in other income (expense). Other than those derivatives entered into for investment purposes, such as commodity contracts, the gains (losses) are generally economically offset by unrealized gains (losses) in the underlying available-for-sale securities, which are recorded as a component of OCI until the securities are sold or other-than-temporarily impaired, at which time the amounts are reclassified from accumulated other comprehensive income (“AOCI”) into other income (expense).
Fair Value Measurements Policy	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 traded in active markets. Our Level 1 non-derivative investments primarily include U.S. government securities, domestic and international equities, and actively traded 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 and commodities. Our Level 2 non-derivative investments consist primarily of corporate notes and bonds, common and preferred stock, mortgage-backed and asset-backed securities, certificates of deposit, and foreign government bonds. Our Level 2 derivative assets and liabilities primarily include certain over-the-counter 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 non-derivative assets primarily comprise investments in common and preferred stock and goodwill when it is 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 certain assets, including our cost and equity method investments, at fair value on a nonrecurring basis when they are deemed to be other-than-temporarily impaired. 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. An impairment charge is recorded when the cost of the investment exceeds its fair value and this condition is determined to be other-than-temporary.
Segment Reporting Policy	Revenue and cost of revenue are generally directly attributed to our segments. Certain revenue contracts are 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 directly charged to our hardware segments. For the remaining segments, cost of revenue is directly charged in most cases and allocated in certain cases, generally using a relative revenue methodology.
	We do not allocate operating expenses to our segments. Rather, we allocate them to our two segment groups, Devices and Consumer and Commercial. Due to the integrated structure of our business, allocations of expenses are made in certain cases to incent cross-collaboration among our segment groups so that a segment group is not solely burdened by the cost of a mutually beneficial activity as we seek to deliver seamless experiences across devices, whether on-premises or in the cloud.
	Operating expenses are attributed to our segment groups as follows:

		•	Sales and marketing expenses are primarily recorded directly to each segment group based on identified customer segment.

		•	Research and development expenses are primarily shared across the segment groups based on relative gross margin but are mapped directly in certain cases where the value of the expense only accrues to that segment group.

		•	General and administrative expenses are primarily allocated based on relative gross margin.
	Certain corporate-level activity is not allocated to our segment groups, including costs of: legal, including expenses, settlements, and fines; information technology; human resources; finance; excise taxes; and integration and restructuring expenses.
	Corporate and Other operating income includes adjustments to conform our internal accounting policies to U.S. GAAP and corporate-level activity not specifically attributed to a segment. Significant internal accounting policies that differ from U.S. GAAP relate to revenue recognition, income statement classification, and depreciation.
	Assets are not allocated to segments for internal reporting presentations. A portion of amortization and depreciation is charged to the respective 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.

EARNINGS_PER_SHARE_Tables

EARNINGS PER SHARE (Tables)	6 Months Ended
	Dec. 31, 2014
Basic and Diluted Earnings Per Share	The components of basic and diluted EPS are as follows:


	(In millions, except earnings per share)	Three Months Ended				Six Months Ended
		December 31,				December 31,



		2014		2013		2014		2013

	Net income available for common shareholders (A)	$	5,863	$	6,558	$	10,403	$	11,802

	Weighted average outstanding shares of common stock (B)		8,228		8,326		8,238		8,333
	Dilutive effect of stock-based awards		69		69		83		90


	Common stock and common stock equivalents (C)		8,297		8,395		8,321		8,423


	Earnings Per Share

	Basic (A/B)	$	0.71	$	0.79	$	1.26	$	1.42
	Diluted (A/C)	$	0.71	$	0.78	$	1.25	$	1.4

OTHER_INCOME_EXPENSE_Tables

OTHER INCOME (EXPENSE) (Tables)	6 Months Ended
	Dec. 31, 2014
Components of Other Income (Expense)	The components of other income (expense) were as follows:


	(In millions)	Three Months Ended						Six Months Ended
		December 31,						December 31,



		2014			2013			2014			2013

	Dividends and interest income	$	183		$	219		$	408		$	398
	Interest expense		(162	)		(135	)		(323	)		(253	)
	Net recognized gains on investments		317			70			396			63
	Net losses on derivatives		(138	)		(117	)		(272	)		(203	)
	Net gains (losses) on foreign currency remeasurements		83			(17	)		161			9
	Other		(209	)		(111	)		(244	)		(31	)


	Total	$	74		$	(91	)	$	126		$	(17	)


Net Recognized Gains on Investments	Following are details of net recognized gains on investments during the periods reported:


	(In millions)	Three Months Ended						Six Months Ended
		December 31,						December 31,



		2014			2013			2014			2013

	Other-than-temporary impairments of investments	$	(26	)	$	(30	)	$	(35	)	$	(66	)
	Realized gains from sales of available-for-sale securities		421			144			539			258
	Realized losses from sales of available-for-sale securities		(78	)		(44	)		(108	)		(129	)


	Total	$	317		$	70		$	396		$	63

INVESTMENTS_Tables

INVESTMENTS (Tables)	6 Months Ended
INVESTMENTS (Tables)	Dec. 31, 2014
Investment Components, Including Associated Derivatives but Excluding Held to Maturity Investments	The components of investments, including associated derivatives but excluding held-to-maturity investments, were as follows:


	(In millions)	Cost Basis		Unrealized			Unrealized			Recorded			Cash		Short-term			Equity
				Gains			Losses			Basis			and Cash		Investments			and Other
													Equivalents					Investments



	December 31, 2014

	Cash	$	4,468	$	0		$	0		$	4,468		$	4,468	$	0		$	0
	Mutual funds		651		0			0			651			651		0			0
	Commercial paper		144		0			0			144			94		50			0
	Certificates of deposit		1,248		0			0			1,248			1,006		242			0
	U.S. government and agency securities		68,347		39			(70	)		68,316			201		68,115			0
	Foreign government bonds		5,162		5			(22	)		5,145			0		5,145			0
	Mortgage- and asset-backed securities		2,848		28			(3	)		2,873			0		2,873			0
	Corporate notes and bonds		6,918		135			(49	)		7,004			6		6,998			0
	Municipal securities		286		54			0			340			0		340			0
	Common and preferred stock		6,865		4,982			(283	)		11,564			0		0			11,564
	Other investments		810		0			0			810			0		60			750


	Total	$	97,747	$	5,243		$	(427	)	$	102,563		$	6,426	$	83,823		$	12,314




	(In millions)	Cost Basis		Unrealized			Unrealized			Recorded			Cash		Short-term			Equity
				Gains			Losses			Basis			and Cash		Investments			and Other
													Equivalents					Investments



	June 30, 2014

	Cash	$	4,980	$	0		$	0		$	4,980		$	4,980	$	0		$	0
	Mutual funds		590		0			0			590			590		0			0
	Commercial paper		189		0			0			189			89		100			0
	Certificates of deposit		1,197		0			0			1,197			865		332			0
	U.S. government and agency securities		66,952		103			(29	)		67,026			109		66,917			0
	Foreign government bonds		3,328		17			(10	)		3,335			2,027		1,308			0
	Mortgage- and asset-backed securities		1,048		31			(2	)		1,077			0		1,077			0
	Corporate notes and bonds		6,788		190			(9	)		6,969			9		6,960			0
	Municipal securities		287		45			0			332			0		332			0
	Common and preferred stock		6,785		5,207			(81	)		11,911			0		0			11,911
	Other investments		1,164		0			0			1,164			0		14			1,150


	Total	$	93,308	$	5,593		$	(131	)	$	98,770		$	8,669	$	77,040		$	13,061


Unrealized Losses on Investments	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
															Unrealized
															Losses
	(In millions)	Fair Value		Unrealized			Fair Value			Unrealized			Total
	(In millions)	Fair Value		Losses			Fair Value			Losses			Fair Value



	December 31, 2014

	U.S. government and agency securities	$	29,604	$	(37	)	$	563		$	(33	)	$	30,167	$	(70	)
	Foreign government bonds		3,724		(10	)		28			(12	)		3,752		(22	)
	Mortgage- and asset-backed securities		1,529		(2	)		27			(1	)		1,556		(3	)
	Corporate notes and bonds		2,717		(41	)		243			(8	)		2,960		(49	)
	Common and preferred stock		1,319		(234	)		146			(49	)		1,465		(283	)


	Total	$	38,893	$	(324	)	$	1,007		$	(103	)	$	39,900	$	(427	)




		Less than 12 Months					12 Months or Greater								Total
															Unrealized
															Losses
	(In millions)	Fair Value		Unrealized			Fair Value			Unrealized			Total
	(In millions)	Fair Value		Losses			Fair Value			Losses			Fair Value



	June 30, 2014

	U.S. government and agency securities	$	4,161	$	(29	)	$	850		$	0		$	5,011	$	(29	)
	Foreign government bonds		566		(4	)		21			(6	)		587		(10	)
	Mortgage- and asset-backed securities		120		0			61			(2	)		181		(2	)
	Corporate notes and bonds		1,154		(8	)		34			(1	)		1,188		(9	)
	Common and preferred stock		463		(48	)		257			(33	)		720		(81	)


	Total	$	6,464	$	(89	)	$	1,223		$	(42	)	$	7,687	$	(131	)


Debt Investment Maturities	Debt Investment Maturities


	(In millions)	Cost Basis		Estimated
	(In millions)	Cost Basis		Fair Value


	December 31, 2014

	Due in one year or less	$	29,985	$	29,998
	Due after one year through five years		50,792		50,822
	Due after five years through 10 years		2,719		2,710
	Due after 10 years		1,457		1,540


	Total	$	84,953	$	85,070

DERIVATIVES_Tables

DERIVATIVES (Tables)	6 Months Ended
DERIVATIVES (Tables)	Dec. 31, 2014
Fair Values of Derivative Instruments	The following table presents the fair values of derivative instruments designated as hedging instruments (“designated hedge derivatives”) and not designated as hedging instruments (“non-designated hedge derivatives”). The fair values exclude the impact of netting derivative assets and liabilities when a legally enforceable master netting agreement exists and fair value adjustments related to our own credit risk and counterparty credit risk:


				December 31, 2014															June 30, 2014


				Assets												Liabilities			Assets									Liabilities


	(In millions)			Short-term				Other				Equity and				Other			Short-term			Other			Equity and			Other
				Investments				Current				Other				Current			Investments			Current			Other			Current
								Assets				Investments				Liabilities						Assets			Investments			Liabilities


	Non-designated Hedge Derivatives

	Foreign exchange contracts			$	104			$	238			$	0			$	(302	)	$	10		$	39		$	0		$	(97	)
	Equity contracts				151				0				0				(34	)		177			0			0			(21	)
	Interest rate contracts				12				0				0				(25	)		17			0			0			(12	)
	Credit contracts				24				0				0				(13	)		24			0			0			(13	)
	Commodity contracts				0				0				0				0			15			0			0			(1	)


	Total			$	291			$	238			$	0			$	(374	)	$	243		$	39		$	0		$	(144	)


	Designated Hedge Derivatives

	Foreign exchange contracts			$	193			$	590			$	0			$	0		$	1		$	70		$	0		$	(15	)
	Equity contracts				0				0				48				(134	)		0			0			7			(125	)


	Total			$	193			$	590			$	48			$	(134	)	$	1		$	70		$	7		$	(140	)


	Total gross amounts of derivatives			$	484			$	828			$	48			$	(508	)	$	244		$	109		$	7		$	(284	)


	Gross derivatives either offset or subject to an enforceable master netting agreement			$	365			$	828			$	48			$	(508	)	$	99		$	109		$	7		$	(284	)
	Gross amounts of derivatives offset in the balance sheet				(99	)			(271	)			(48	)			418			(77	)		(71	)		(7	)		155


	Net amounts presented in the balance sheet				266				557				0				(90	)		22			38			0			(129	)
	Gross amounts of derivatives not offset in the balance sheet				0				0				0				0			0			0			0			0
	Cash collateral received				0				0				0				(285	)		0			0			0			0


	Net amount			$	266			$	557			$	0			$	(375	)	$	22		$	38		$	0		$	(129	)


Fair value hedging
Gains (Losses) on Derivative Instruments	We recognized in other income (expense) the following gains (losses) on contracts designated as fair-value hedges and their related hedged items:


	(In millions)	Three Months Ended								Six Months Ended
	(In millions)	December 31,								December 31,



		2014				2013				2014				2013

	Foreign Exchange Contracts

	Derivatives	$	381			$	73			$	622			$	59
	Hedged items		(382	)			(74	)			(624	)			(61	)


	Total amount of ineffectiveness	$	(1	)		$	(1	)		$	(2	)		$	(2	)



	Equity Contracts

	Derivatives	$	18			$	(10	)		$	(63	)		$	(10	)
	Hedged items		(18	)			10				63				10


	Total amount of ineffectiveness	$	0			$	0			$	0			$	0



	Amount of equity contracts excluded from effectiveness assessment	$	(9	)		$	(26	)		$	(13	)		$	(26	)


Cash flow hedging
Gains (Losses) on Derivative Instruments	We recognized the following gains (losses) on foreign exchange contracts designated as cash flow hedges (our only cash flow hedges during the periods presented):


	(In millions)	Three Months Ended								Six Months Ended
	(In millions)	December 31,								December 31,



		2014				2013				2014				2013

	Effective Portion

	Gains recognized in OCI (net of tax effects of $8, $2, $12, and $0)	$	357			$	67			$	692			$	59
	Gains reclassified from AOCI into revenue		112				25				128				44

	Amount Excluded from Effectiveness Assessment and Ineffective Portion

	Losses recognized in other income (expense)		(74	)			(40	)			(142	)			(120	)


Non-designated Hedge Derivatives
Gains (Losses) on Derivative Instruments	Gains (losses) from changes in fair values of derivatives that are not designated as hedges are primarily recognized in other income (expense). These amounts are shown in the table below, with the exception of gains (losses) on derivatives presented in income statement line items other than other income (expense), which were immaterial for the periods presented. Other than those derivatives entered into for investment purposes, such as commodity contracts, the gains (losses) below are generally economically offset by unrealized gains (losses) in the underlying available-for-sale securities.


	(In millions)	Three Months Ended								Six Months Ended
	(In millions)	December 31,								December 31,



		2014				2013				2014				2013

	Foreign exchange contracts	$	28			$	60			$	(205	)		$	74
	Equity contracts		(24	)			(41	)			(14	)			(46	)
	Interest-rate contracts		24				(13	)			18				0
	Credit contracts		1				4				(4	)			3
	Commodity contracts		(106	)			0				(217	)			11


	Total	$	(77	)		$	10			$	(422	)		$	42

FAIR_VALUE_MEASUREMENTS_Tables

FAIR VALUE MEASUREMENTS (Tables)	6 Months Ended
FAIR VALUE MEASUREMENTS (Tables)	Dec. 31, 2014
Assets and Liabilities Measured at Fair Value on Recurring Basis	The following tables present the fair value of our financial instruments that are measured at fair value on a recurring basis:



	(In millions)			Level 1				Level 2				Level 3			Gross Fair			Netting	(a)			Net Fair
	(In millions)			Level 1				Level 2				Level 3			Value			Netting	(a)			Value



	December 31, 2014

	Assets

	Mutual funds		$	651			$	0			$	0		$	651		$	0			$	651
	Commercial paper			0				144				0			144			0				144
	Certificates of deposit			0				1,248				0			1,248			0				1,248
	U.S. government and agency securities			67,714				604				0			68,318			0				68,318
	Foreign government bonds			131				4,816				0			4,947			0				4,947
	Mortgage- and asset-backed securities			0				2,870				0			2,870			0				2,870
	Corporate notes and bonds			0				6,877				0			6,877			0				6,877
	Municipal securities			0				340				0			340			0				340
	Common and preferred stock			8,915				2,084				14			11,013			0				11,013
	Derivatives			4				1,308				48			1,360			(418	)			942


	Total		$	77,415			$	20,291			$	62		$	97,768		$	(418	)		$	97,350



	Liabilities

	Derivatives and other		$	17			$	357			$	134		$	508		$	(418	)		$	90





	(In millions)			Level 1				Level 2				Level 3			Gross Fair			Netting	(a)			Net Fair
	(In millions)			Level 1				Level 2				Level 3			Value			Netting	(a)			Value



	June 30, 2014

	Assets

	Mutual funds		$	590			$	0			$	0		$	590		$	0			$	590
	Commercial paper			0				189				0			189			0				189
	Certificates of deposit			0				1,197				0			1,197			0				1,197
	U.S. government and agency securities			66,288				745				0			67,033			0				67,033
	Foreign government bonds			139				3,210				0			3,349			0				3,349
	Mortgage- and asset-backed securities			0				1,073				0			1,073			0				1,073
	Corporate notes and bonds			0				6,805				0			6,805			0				6,805
	Municipal securities			0				332				0			332			0				332
	Common and preferred stock			9,552				1,825				14			11,391			0				11,391
	Derivatives			5				348				7			360			(155	)			205


	Total		$	76,574			$	15,724			$	21		$	92,319		$	(155	)		$	92,164



	Liabilities

Derivatives and other		$	5			$	153			$	126		$	284		$	(155	)		$	129



(a)	These amounts represent the impact of netting derivative assets and derivative liabilities when a legally enforceable master netting agreement exists and fair value adjustments related to our own credit risk and counterparty credit risk.
Reconciliation of Total Assets Measured at Fair Value on Recurring Basis to Balance Sheet Presentation	The following table reconciles the total “Net Fair Value” of assets above to the balance sheet presentation of these same assets in Note 4 – Investments.


	(In millions)



	December 31,						June 30,
	2014						2014

	Net fair value of assets measured at fair value on a recurring basis		$	97,350			$	92,164
	Cash			4,468				4,980
	Common and preferred stock measured at fair value on a nonrecurring basis			550				520
	Other investments measured at fair value on a nonrecurring basis			750				1,150
	Less derivative net assets classified as other current assets			(557	)			(38	)
	Other			2				(6	)


	Recorded basis of investment components		$	102,563			$	98,770

INVENTORIES_Tables

INVENTORIES (Tables)	6 Months Ended
	Dec. 31, 2014
Components of Inventories	The components of inventories were as follows:


	(In millions)



	December 31,			June 30,
	2014			2014

	Raw materials	$	681	$	944
	Work in process		260		266
	Finished goods		1,112		1,450


	Total	$	2,053	$	2,660

BUSINESS_COMBINATIONS_Tables

BUSINESS COMBINATIONS (Tables) (Nokia Devices And Services Business)	6 Months Ended
	Dec. 31, 2014
Nokia Devices And Services Business
Major Classes of Assets and Liabilities to Which We Have Preliminarily Allocated the Purchase Price	The major classes of assets and liabilities to which we have preliminarily allocated the purchase price were as follows:


	(In millions)



	Cash		$	1,503
	Accounts receivable ^(a)			754
	Inventories			544
	Other current assets			946
	Property and equipment			981
	Intangible assets			4,509
	Goodwill ^(b)			5,429
	Other			242
	Current liabilities			(4,576	)
	Long-term liabilities			(890	)


	Total purchase price		$	9,442



	(a)	Gross accounts receivable is $901 million, of which $147 million is expected to be uncollectible.

	(b)	Goodwill was assigned to our Phone Hardware segment. The goodwill was primarily attributed to increased synergies that are expected to be achieved from the integration of NDS.

GOODWILL_Tables

GOODWILL (Tables)	6 Months Ended
	Dec. 31, 2014
Carrying Amount of Goodwill	Changes in the carrying amount of goodwill were as follows:


	(In millions)		June 30,		Acquisitions			Other			December 31,
			2014								2014



	Devices and Consumer	Licensing	$	868		$	4	$	0			$	872
		Hardware:
		Computing and Gaming Hardware		1,698			0		(38	)			1,660
		Phone Hardware		5,354			0		(90	)			5,264


		Total Devices and Consumer Hardware		7,052			0		(128	)			6,924
		Other		738			1,772		(101	)			2,409


		Total Devices and Consumer		8,658			1,776		(229	)			10,205


	Commercial	Licensing		10,058			0		(137	)			9,921
		Other		1,411			323		(5	)			1,729


		Total Commercial		11,469			323		(142	)			11,650


	Total goodwill		$	20,127		$	2,099	$	(371	)		$	21,855

INTANGIBLE_ASSETS_Tables

INTANGIBLE ASSETS (Tables)	6 Months Ended
INTANGIBLE ASSETS (Tables)	Dec. 31, 2014
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		Amortization				Carrying		Carrying		Amortization				Carrying
			Amount						Amount		Amount						Amount



			December 31,								June 30,
			2014								2014

	Technology-based ^(a)		$	6,911		$	(3,028	)	$	3,883	$	6,440		$	(2,615	)	$	3,825
	Marketing-related			2,028			(435	)		1,593		1,518			(324	)		1,194
	Contract-based			2,265			(797	)		1,468		2,266			(716	)		1,550
	Customer-related			775			(420	)		355		732			(320	)		412


	Total		$	11,979		$	(4,680	)	$	7,299	$	10,956		$	(3,975	)	$	6,981



	(a)	Technology-based intangible assets included $43 million and $98 million as of December 31, 2014 and June 30, 2014, respectively, of net carrying amount of software to be sold, leased, or otherwise marketed.
Estimated Future Amortization Expense Related to Intangible Assets	The following table outlines the estimated future amortization expense related to intangible assets held at December 31, 2014:


	(In millions)



	Year Ending June 30,

	2015 (excluding the six months ended December 31, 2014)		$	683
	2016			1,233
	2017			978
	2018			843
	2019			759
	Thereafter			2,803


	Total		$	7,299

DEBT_Tables

DEBT (Tables)	6 Months Ended
DEBT (Tables)	Dec. 31, 2014
Long-term Debt	The components of our long-term debt, including the current portion, and the associated interest rates were as follows as of December 31, 2014 and June 30, 2014:


	Due Date		Face Value			Face Value		Stated		Effective
			December 31,			June 30,		Interest		Interest
			2014			2014		Rate		Rate


				(In millions)

	Notes

	September 25, 2015			$	1,750	$	1,750		1.63%		1.80%
	February 8, 2016				750		750		2.50%		2.64%
	November 15, 2017				600		600		0.88%		1.08%
	May 1, 2018				450		450		1.00%		1.11%
	December 6, 2018				1,250		1,250		1.63%		1.82%
	June 1, 2019				1,000		1,000		4.20%		4.38%
	October 1, 2020				1,000		1,000		3.00%		3.14%
	February 8, 2021				500		500		4.00%		4.08%
	December 6, 2021 ^(a)				2,119		2,396		2.13%		2.23%
	November 15, 2022				750		750		2.13%		2.24%
	May 1, 2023				1,000		1,000		2.38%		2.47%
	December 15, 2023				1,500		1,500		3.62%		3.73%
	December 6, 2028 ^(a)				2,119		2,396		3.13%		3.22%
	May 2, 2033 ^(b)				666		753		2.63%		2.69%
	June 1, 2039				750		750		5.20%		5.24%
	October 1, 2040				1,000		1,000		4.50%		4.57%
	February 8, 2041				1,000		1,000		5.30%		5.36%
	November 15, 2042				900		900		3.50%		3.57%
	May 1, 2043				500		500		3.75%		3.83%
	December 15, 2043				500		500		4.88%		4.92%


	Total			$	20,104	$	20,745



	(a)	In December 2013, we issued €3.5 billion of debt securities.

	(b)	In April 2013, we issued €550 million of debt securities.

RESTRUCTURING_CHARGES_Tables

RESTRUCTURING CHARGES (Tables)	6 Months Ended
	Dec. 31, 2014
Changes in Restructuring Liability	Changes in the restructuring liability were as follows:



	(In millions)			Severance			Asset			Total
							Impairments
							and Other	(a)


	Restructuring liability as of June 30, 2014		$	0		$	0		$	0
	Restructuring charges			739			441			1,180
	Cash paid			(521	)		(56	)		(577	)
	Other			(15	)		(313	)		(328	)


	Restructuring liability as of December 31, 2014		$	203		$	72		$	275



	(a)	“Asset Impairments and Other” primarily reflects activities associated with the consolidation of our facilities and manufacturing operations, including asset write-downs of $309 million in the six months ended December 31, 2014, as well as contract termination costs.

UNEARNED_REVENUE_Tables

UNEARNED REVENUE (Tables)	6 Months Ended
	Dec. 31, 2014
Unearned Revenue by Segment	Unearned revenue by segment was as follows, with segments with significant balances shown separately:


	(In millions)



		December 31,		June 30,
		2014		2014

	Commercial Licensing	$	15,776	$	19,099
	Commercial Other		3,486		3,934
	Rest of the segments		1,981		2,125


	Total	$	21,243	$	25,158

STOCKHOLDERS_EQUITY_Tables

STOCKHOLDERS' EQUITY (Tables)	6 Months Ended
STOCKHOLDERS' EQUITY (Tables)	Dec. 31, 2014
Share Repurchases	We repurchased the following shares of common stock through our share repurchase program, during the periods presented:


	(In millions)	Three Months Ended				Six Months Ended
	(In millions)	December 31,				December 31,



			2014		2013		2014		2013

	Shares of common stock repurchased		43		53		86		100
	Value of common stock repurchased	$	2,000	$	2,000	$	4,000	$	3,500


Dividends Declared	Our Board of Directors declared the following dividends during the periods presented:


	Declaration Date	Dividend		Record Date		Total Amount		Payment Date
	Declaration Date	Per Share		Record Date		Total Amount		Payment Date


						(in millions)

	Fiscal Year 2015

	September 16, 2014	$	0.31		November 20, 2014	$	2,547		December 11, 2014
	December 3, 2014	$	0.31		19-Feb-15	$	2,548		12-Mar-15



	Fiscal Year 2014

	September 16, 2013	$	0.28		November 21, 2013	$	2,332		December 12, 2013
	November 19, 2013	$	0.28		20-Feb-14	$	2,322		13-Mar-14

ACCUMULATED_OTHER_COMPREHENSIV1

ACCUMULATED OTHER COMPREHENSIVE INCOME (Tables)	6 Months Ended
	Dec. 31, 2014
Summary of Changes in Accumulated Other Comprehensive Income by Component	The following table summarizes the changes in accumulated other comprehensive income by component:


	(In millions)	Three Months Ended						Six Months Ended
		December 31,						December 31,



		2014			2013			2014			2013

	Derivatives

	Accumulated other comprehensive income balance, beginning of period	$	350		$	40		$	31		$	66
	Unrealized gains, net of tax effects of $8, $2, $12, and $0		357			67			692			59

	Reclassification adjustments for gains included in revenue		(112	)		(25	)		(128	)		(44	)
	Tax expense included in provision for income taxes		2			1			2			2


	Amounts reclassified from accumulated other comprehensive income		(110	)		(24	)		(126	)		(42	)


	Net current period other comprehensive income		247			43			566			17


	Accumulated other comprehensive income balance, end of period	$	597		$	83		$	597		$	83



	Investments

	Accumulated other comprehensive income balance, beginning of period	$	3,342		$	2,746		$	3,531		$	1,794
	Unrealized gains (losses), net of tax effects of $(12), $270, $(86), and $760		(24	)		527			(162	)		1,474

	Reclassification adjustments for gains included in other income (expense)		(319	)		(70	)		(398	)		(63	)
	Tax expense included in provision for income taxes		112			25			140			23


	Amounts reclassified from accumulated other comprehensive income		(207	)		(45	)		(258	)		(40	)


	Net current period other comprehensive income (loss)		(231	)		482			(420	)		1,434


	Accumulated other comprehensive income balance, end of period	$	3,111		$	3,228		$	3,111		$	3,228



	Translation adjustments and other

	Accumulated other comprehensive income (loss) balance, beginning of period	$	65		$	(55	)	$	146		$	(117	)
	Translation adjustments and other, net of tax effects of $(211), $11, $(258), and $44		(390	)		21			(471	)		83


	Accumulated other comprehensive loss balance, end of period	$	(325	)	$	(34	)	$	(325	)	$	(34	)


	Accumulated other comprehensive income, end of period	$	3,383		$	3,277		$	3,383		$	3,277

SEGMENT_INFORMATION_Tables

SEGMENT INFORMATION (Tables)	6 Months Ended
SEGMENT INFORMATION (Tables)	Dec. 31, 2014
Segment Revenue
	(In millions)				Three Months Ended								Six Months Ended
	(In millions)				December 31,								December 31,



					2014				2013				2014				2013

	Revenue

	Devices and Consumer		Licensing		$	4,167			$	5,544			$	8,260			$	10,028
			Hardware:
			Computing and Gaming Hardware			3,997				4,470				6,450				5,879
			Phone Hardware			2,284				0				4,893				0


			Total Devices and Consumer Hardware			6,281				4,470				11,343				5,879
			Other			2,436				1,874				4,245				3,428


			Total Devices and Consumer			12,884				11,888				23,848				19,335



	Commercial		Licensing			10,679				10,906				20,552				20,517
			Other			2,593				1,780				5,000				3,382


			Total Commercial			13,272				12,686				25,552				23,899


	Corporate and Other					314				(55	)			271				(186	)


	Total revenue				$	26,470			$	24,519			$	49,671			$	43,048



Segment Gross Margin	Gross Margin

	Devices and Consumer		Licensing		$	3,876			$	4,981			$	7,694			$	8,901
			Hardware:
			Computing and Gaming Hardware			460				411				939				616
			Phone Hardware			331				0				809				0


			Total Devices and Consumer Hardware			791				411				1,748				616
			Other			550				387				862				711


			Total Devices and Consumer			5,217				5,779				10,304				10,228



	Commercial		Licensing			9,926				10,080				19,026				18,885
			Other			900				415				1,705				689


			Total Commercial			10,826				10,495				20,731				19,574


	Corporate and Other					291				(77	)			227				(221	)


	Total gross margin				$	16,334			$	16,197			$	31,262			$	29,581



Operating Expenses by Segment Group	Following is operating expenses by segment group. As discussed above, we do not allocate operating expenses to our segments.


	(In millions)		Three Months Ended								Six Months Ended
	(In millions)		December 31,								December 31,



			2014				2013				2014				2013

	Devices and Consumer		$	3,324			$	3,178			$	6,383			$	5,466
	Commercial			4,300				4,189				8,333				8,211
	Corporate and Other			691				861				1,543				1,601


	Total segment operating expenses			8,315				8,228				16,259				15,278
	Integration and restructuring			243				0				1,383				0


	Total operating expenses		$	8,558			$	8,228			$	17,642			$	15,278


Operating Income (Loss) by Segment Group and Corporate and Other Activity	Following is operating income (loss) by segment group.


	(In millions)		Three Months Ended								Six Months Ended
	(In millions)		December 31,								December 31,



			2014				2013				2014				2013

	Devices and Consumer		$	1,893			$	2,601			$	3,921			$	4,762
	Commercial			6,526				6,306				12,398				11,363
	Corporate and Other			(643	)			(938	)			(2,699	)			(1,822	)


	Total operating income		$	7,776			$	7,969			$	13,620			$	14,303


	Corporate and Other activity was as follows:


	(In millions)		Three Months Ended								Six Months Ended
	(In millions)		December 31,								December 31,



			2014				2013				2014				2013

	Corporate ^(a)(b)		$	(889	)		$	(854	)		$	(2,823	)		$	(1,599	)
	Other (adjustments to U.S. GAAP):
	Revenue reconciling amounts ^(c)			314				(55	)			271				(186	)
	Cost of revenue reconciling amounts			(23	)			(22	)			(44	)			(35	)
	Operating expenses reconciling amounts			(45	)			(7	)			(103	)			(2	)


	Total Corporate and Other		$	(643	)		$	(938	)		$	(2,699	)		$	(1,822	)



	(a)	Corporate is presented on the basis of our internal accounting policies and excludes the adjustments to U.S. GAAP that are presented separately in those line items.

	(b)	Corporate for the three and six months ended December 31, 2014 included integration and restructuring expenses of $243 million and $1.4 billion, respectively.

	(c)	Revenue reconciling amounts for the three months ended December 31, 2014 included the recognition of $326 million of previously deferred net revenue related to sales of bundled products and services (“Bundled Offerings”). Revenue reconciling amounts for the three months ended December 31, 2013 included $135 million of net revenue deferrals related to Bundled Offerings, offset in part by the recognition of $105 million of previously deferred revenue related to the pre-sales of Windows 8.1 to OEMs and retailers before general availability.

	Revenue reconciling amounts for the six months ended December 31, 2014 included the recognition of $297 million of previously deferred net revenue related to Bundled Offerings. Revenue reconciling amounts for the six months ended December 31, 2013 included $140 million of net revenue deferrals related to Bundled Offerings.

Basic_and_Diluted_Earnings_Per

Basic and Diluted Earnings Per Share (Detail) (USD $)	3 Months Ended		6 Months Ended
In Millions, except Per Share data, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013
Schedule of Earnings Per Share, Basic and Diluted, by Common Class [Line Items]
Net income available for common shareholders (A)	$5,863	$6,558	$10,403	$11,802
Weighted average outstanding shares of common stock (B)	8,228	8,326	8,238	8,333
Dilutive effect of stock-based awards	69	69	83	90
Common stock and common stock equivalents (C)	8,297	8,395	8,321	8,423
Earnings Per Share
Basic (A/B)	$0.71	$0.79	$1.26	$1.42
Diluted (A/C)	$0.71	$0.78	$1.25	$1.40

Components_of_Other_Income_Exp

Components of Other Income (Expense) (Detail) (USD $)	3 Months Ended		6 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013
Components of Other Income (Expense) [Line Items]
Dividends and interest income	$183	$219	$408	$398
Interest expense	-162	-135	-323	-253
Net recognized gains on investments	317	70	396	63
Net gains (losses) on foreign currency remeasurements	83	-17	161	9
Other	-209	-111	-244	-31
Total	74	-91	126	-17
Other income (expense)
Components of Other Income (Expense) [Line Items]
Net losses on derivatives	($138)	($117)	($272)	($203)

Net_Recognized_Gains_on_Invest

Net Recognized Gains on Investments (Detail) (USD $)	3 Months Ended		6 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013
Gains (Losses) on Investments [Line Items]
Other-than-temporary impairments of investments	($26)	($30)	($35)	($66)
Realized gains from sales of available-for-sale securities	421	144	539	258
Realized losses from sales of available-for-sale securities	-78	-44	-108	-129
Total	$317	$70	$396	$63

Investment_Components_Includin

Investment Components, Including Associated Derivatives but Excluding Held to Maturity Investments (Detail) (USD $)	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013
In Millions, unless otherwise specified	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013
Cash, Cash Equivalents and Investments [Line Items]
Cost Basis	$97,747		$93,308
Unrealized Gains	5,243		5,593
Unrealized Losses	-427		-131
Recorded Basis	102,563		98,770
Cash and cash equivalents	6,426	6,302	8,669	10,059	4,023	3,804
Short-term Investments	83,823		77,040
Equity and Other Investments	12,314		13,061
Cash
Cash, Cash Equivalents and Investments [Line Items]
Cash	4,468		4,980
Unrealized Gains	0		0
Unrealized Losses	0		0
Cash	4,468		4,980
Cash and cash equivalents	4,468		4,980
Short-term Investments	0		0
Equity and Other Investments	0		0
Mutual funds
Cash, Cash Equivalents and Investments [Line Items]
Cost Basis	651		590
Unrealized Gains	0		0
Unrealized Losses	0		0
Recorded Basis	651		590
Cash and cash equivalents	651		590
Short-term Investments	0		0
Equity and Other Investments	0		0
Commercial paper
Cash, Cash Equivalents and Investments [Line Items]
Cost Basis	144		189
Unrealized Gains	0		0
Unrealized Losses	0		0
Recorded Basis	144		189
Cash and cash equivalents	94		89
Short-term Investments	50		100
Equity and Other Investments	0		0
Certificates of deposit
Cash, Cash Equivalents and Investments [Line Items]
Cost Basis	1,248		1,197
Unrealized Gains	0		0
Unrealized Losses	0		0
Recorded Basis	1,248		1,197
Cash and cash equivalents	1,006		865
Short-term Investments	242		332
Equity and Other Investments	0		0
U.S. government and agency securities
Cash, Cash Equivalents and Investments [Line Items]
Cost Basis	68,347		66,952
Unrealized Gains	39		103
Unrealized Losses	-70		-29
Recorded Basis	68,316		67,026
Cash and cash equivalents	201		109
Short-term Investments	68,115		66,917
Equity and Other Investments	0		0
Foreign government bonds
Cash, Cash Equivalents and Investments [Line Items]
Cost Basis	5,162		3,328
Unrealized Gains	5		17
Unrealized Losses	-22		-10
Recorded Basis	5,145		3,335
Cash and cash equivalents	0		2,027
Short-term Investments	5,145		1,308
Equity and Other Investments	0		0
Mortgage- and asset-backed securities
Cash, Cash Equivalents and Investments [Line Items]
Cost Basis	2,848		1,048
Unrealized Gains	28		31
Unrealized Losses	-3		-2
Recorded Basis	2,873		1,077
Cash and cash equivalents	0		0
Short-term Investments	2,873		1,077
Equity and Other Investments	0		0
Corporate notes and bonds
Cash, Cash Equivalents and Investments [Line Items]
Cost Basis	6,918		6,788
Unrealized Gains	135		190
Unrealized Losses	-49		-9
Recorded Basis	7,004		6,969
Cash and cash equivalents	6		9
Short-term Investments	6,998		6,960
Equity and Other Investments	0		0
Municipal securities
Cash, Cash Equivalents and Investments [Line Items]
Cost Basis	286		287
Unrealized Gains	54		45
Unrealized Losses	0		0
Recorded Basis	340		332
Cash and cash equivalents	0		0
Short-term Investments	340		332
Equity and Other Investments	0		0
Common and preferred stock
Cash, Cash Equivalents and Investments [Line Items]
Cost Basis	6,865		6,785
Unrealized Gains	4,982		5,207
Unrealized Losses	-283		-81
Recorded Basis	11,564		11,911
Cash and cash equivalents	0		0
Short-term Investments	0		0
Equity and Other Investments	11,564		11,911
Other investments
Cash, Cash Equivalents and Investments [Line Items]
Cost Basis	810		1,164
Unrealized Gains	0		0
Unrealized Losses	0		0
Recorded Basis	810		1,164
Cash and cash equivalents	0		0
Short-term Investments	60		14
Equity and Other Investments	$750		$1,150

Investments_Held_To_Maturity_A

Investments - Held To Maturity - Additional Information (Detail) (USD $)	6 Months Ended
	Dec. 31, 2014	Jun. 30, 2014
Schedule of Held-to-maturity Securities [Line Items]
Commitment amount upon closing merger transaction	$2,000,000,000
Held to maturity investments, amortized cost	351,000,000	1,500,000,000
Held to maturity investments, due date	31-Oct-23
Held to maturity investments, recorded basis	351,000,000	1,500,000,000
Held to maturity investments, estimated fair value	429,000,000	1,700,000,000
Held to maturity investments, gross unrealized holding gains	$78,000,000	$164,000,000

Investments_Cost_Method_Additi

Investments - Cost Method - Additional Information (Detail) (Fair Value, Measurements, Nonrecurring, USD $)	Dec. 31, 2014	Jun. 30, 2014
In Millions, unless otherwise specified	Dec. 31, 2014	Jun. 30, 2014
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	$550	$520

Unrealized_Losses_on_Investmen

Unrealized Losses on Investments (Detail) (USD $)	Dec. 31, 2014	Jun. 30, 2014
In Millions, unless otherwise specified	Dec. 31, 2014	Jun. 30, 2014
Unrealized Losses on Investments [Line Items]
Less than 12 Months - Fair Value	$38,893	$6,464
Less than 12 Months - Unrealized Losses	-324	-89
12 Months or Greater - Fair Value	1,007	1,223
12 Months or Greater - Unrealized Losses	-103	-42
Total Fair Value	39,900	7,687
Total Unrealized Losses	-427	-131
U.S. government and agency securities
Unrealized Losses on Investments [Line Items]
Less than 12 Months - Fair Value	29,604	4,161
Less than 12 Months - Unrealized Losses	-37	-29
12 Months or Greater - Fair Value	563	850
12 Months or Greater - Unrealized Losses	-33	0
Total Fair Value	30,167	5,011
Total Unrealized Losses	-70	-29
Foreign government bonds
Unrealized Losses on Investments [Line Items]
Less than 12 Months - Fair Value	3,724	566
Less than 12 Months - Unrealized Losses	-10	-4
12 Months or Greater - Fair Value	28	21
12 Months or Greater - Unrealized Losses	-12	-6
Total Fair Value	3,752	587
Total Unrealized Losses	-22	-10
Mortgage- and asset-backed securities
Unrealized Losses on Investments [Line Items]
Less than 12 Months - Fair Value	1,529	120
Less than 12 Months - Unrealized Losses	-2	0
12 Months or Greater - Fair Value	27	61
12 Months or Greater - Unrealized Losses	-1	-2
Total Fair Value	1,556	181
Total Unrealized Losses	-3	-2
Corporate notes and bonds
Unrealized Losses on Investments [Line Items]
Less than 12 Months - Fair Value	2,717	1,154
Less than 12 Months - Unrealized Losses	-41	-8
12 Months or Greater - Fair Value	243	34
12 Months or Greater - Unrealized Losses	-8	-1
Total Fair Value	2,960	1,188
Total Unrealized Losses	-49	-9
Common and preferred stock
Unrealized Losses on Investments [Line Items]
Less than 12 Months - Fair Value	1,319	463
Less than 12 Months - Unrealized Losses	-234	-48
12 Months or Greater - Fair Value	146	257
12 Months or Greater - Unrealized Losses	-49	-33
Total Fair Value	1,465	720
Total Unrealized Losses	($283)	($81)

Debt_Investment_Maturities_Det

Debt Investment Maturities (Detail) (USD $)	Dec. 31, 2014
In Millions, unless otherwise specified	Dec. 31, 2014
Cost Basis
Due in one year or less	$29,985
Due after one year through five years	50,792
Due after five years through 10 years	2,719
Due after 10 years	1,457
Total	84,953
Estimated Fair Value
Due in one year or less	29,998
Due after one year through five years	50,822
Due after five years through 10 years	2,710
Due after 10 years	1,540
Total	$85,070

Derivatives_Additional_Informa

Derivatives - Additional Information (Detail) (USD $)	6 Months Ended
Derivatives - Additional Information (Detail) (USD $)	Dec. 31, 2014	Jun. 30, 2014
Derivative [Line Items]
Maximum length of time hedged in cash flow hedge	3 years
Minimum required liquidity under certain counterparty agreements	$1,000,000,000
Long-term unsecured debt rating	AAA
Minimum liquidity for the period as defined by certain counterparty agreements	1,000,000,000
Estimated derivative net gains (losses) included in AOCI that will be reclassified into earnings within 12 months	478,000,000
Derivatives Sold \| Equity Contracts
Derivative [Line Items]
Notional amounts	1,900,000,000	1,900,000,000
Derivatives Sold \| Designated Hedge Derivatives \| Equity Contracts
Derivative [Line Items]
Notional amounts	550,000,000	420,000,000
Derivatives Sold \| Non-designated Hedge Derivatives \| Foreign Exchange Contracts
Derivative [Line Items]
Notional amounts	9,200,000,000	8,500,000,000
Derivatives Sold \| Non-designated Hedge Derivatives \| Interest Rate Contracts
Derivative [Line Items]
Notional amounts	2,800,000,000	936,000,000
Derivatives Sold \| Non-designated Hedge Derivatives \| Credit Contracts
Derivative [Line Items]
Notional amounts	492,000,000	440,000,000
Derivatives Sold \| Non-designated Hedge Derivatives \| Commodity Contracts
Derivative [Line Items]
Notional amounts	338,000,000	408,000,000
Derivatives Sold \| Cash flow hedging \| Foreign Exchange Contracts
Derivative [Line Items]
Notional amounts	7,500,000,000	4,900,000,000
Derivatives Sold \| Fair value hedging \| Foreign Exchange Contracts
Derivative [Line Items]
Notional amounts	5,000,000,000	3,100,000,000
Derivatives Purchased \| Equity Contracts
Derivative [Line Items]
Notional amounts	1,500,000,000	1,900,000,000
Derivatives Purchased \| Designated Hedge Derivatives \| Equity Contracts
Derivative [Line Items]
Notional amounts	483,000,000	362,000,000
Derivatives Purchased \| Non-designated Hedge Derivatives \| Foreign Exchange Contracts
Derivative [Line Items]
Notional amounts	9,500,000,000	6,200,000,000
Derivatives Purchased \| Non-designated Hedge Derivatives \| Interest Rate Contracts
Derivative [Line Items]
Notional amounts	3,000,000,000	1,700,000,000
Derivatives Purchased \| Non-designated Hedge Derivatives \| Mortgage-backed securities
Derivative [Line Items]
Notional amounts	953,000,000	1,100,000,000
Derivatives Purchased \| Non-designated Hedge Derivatives \| Credit Contracts
Derivative [Line Items]
Notional amounts	828,000,000	550,000,000
Derivatives Purchased \| Non-designated Hedge Derivatives \| Commodity Contracts
Derivative [Line Items]
Notional amounts	$1,100,000,000	$1,400,000,000

Fair_Values_of_Derivative_Inst

Fair Values of Derivative Instruments (Detail) (USD $)	Dec. 31, 2014	Jun. 30, 2014
In Millions, unless otherwise specified	Dec. 31, 2014	Jun. 30, 2014
Short-term Investments
Derivatives, Fair Value [Line Items]
Derivative Assets	$484	$244
Net amount, assets	266	22
Short-term Investments \| Eligible for Offsetting
Derivatives, Fair Value [Line Items]
Derivative Assets	365	99
Gross amounts of derivatives offset in the balance sheet, assets	-99	-77
Net amounts presented in the balance sheet, assets	266	22
Gross amounts of derivatives not offset in the balance sheet, assets	0	0
Cash collateral received, assets	0	0
Short-term Investments \| Non-designated Hedge Derivatives
Derivatives, Fair Value [Line Items]
Derivative Assets	291	243
Short-term Investments \| Non-designated Hedge Derivatives \| Foreign Exchange Contracts
Derivatives, Fair Value [Line Items]
Derivative Assets	104	10
Short-term Investments \| Non-designated Hedge Derivatives \| Equity Contracts
Derivatives, Fair Value [Line Items]
Derivative Assets	151	177
Short-term Investments \| Non-designated Hedge Derivatives \| Interest Rate Contracts
Derivatives, Fair Value [Line Items]
Derivative Assets	12	17
Short-term Investments \| Non-designated Hedge Derivatives \| Credit Contracts
Derivatives, Fair Value [Line Items]
Derivative Assets	24	24
Short-term Investments \| Non-designated Hedge Derivatives \| Commodity Contracts
Derivatives, Fair Value [Line Items]
Derivative Assets	0	15
Short-term Investments \| Designated Hedge Derivatives
Derivatives, Fair Value [Line Items]
Derivative Assets	193	1
Short-term Investments \| Designated Hedge Derivatives \| Foreign Exchange Contracts
Derivatives, Fair Value [Line Items]
Derivative Assets	193	1
Short-term Investments \| Designated Hedge Derivatives \| Equity Contracts
Derivatives, Fair Value [Line Items]
Derivative Assets	0	0
Other Current Assets
Derivatives, Fair Value [Line Items]
Derivative Assets	828	109
Net amount, assets	557	38
Other Current Assets \| Eligible for Offsetting
Derivatives, Fair Value [Line Items]
Derivative Assets	828	109
Gross amounts of derivatives offset in the balance sheet, assets	-271	-71
Net amounts presented in the balance sheet, assets	557	38
Gross amounts of derivatives not offset in the balance sheet, assets	0	0
Cash collateral received, assets	0	0
Other Current Assets \| Non-designated Hedge Derivatives
Derivatives, Fair Value [Line Items]
Derivative Assets	238	39
Other Current Assets \| Non-designated Hedge Derivatives \| Foreign Exchange Contracts
Derivatives, Fair Value [Line Items]
Derivative Assets	238	39
Other Current Assets \| Non-designated Hedge Derivatives \| Equity Contracts
Derivatives, Fair Value [Line Items]
Derivative Assets	0	0
Other Current Assets \| Non-designated Hedge Derivatives \| Interest Rate Contracts
Derivatives, Fair Value [Line Items]
Derivative Assets	0	0
Other Current Assets \| Non-designated Hedge Derivatives \| Credit Contracts
Derivatives, Fair Value [Line Items]
Derivative Assets	0	0
Other Current Assets \| Non-designated Hedge Derivatives \| Commodity Contracts
Derivatives, Fair Value [Line Items]
Derivative Assets	0	0
Other Current Assets \| Designated Hedge Derivatives
Derivatives, Fair Value [Line Items]
Derivative Assets	590	70
Other Current Assets \| Designated Hedge Derivatives \| Foreign Exchange Contracts
Derivatives, Fair Value [Line Items]
Derivative Assets	590	70
Other Current Assets \| Designated Hedge Derivatives \| Equity Contracts
Derivatives, Fair Value [Line Items]
Derivative Assets	0	0
Equity and Other Investments
Derivatives, Fair Value [Line Items]
Derivative Assets	48	7
Net amount, assets	0	0
Equity and Other Investments \| Eligible for Offsetting
Derivatives, Fair Value [Line Items]
Derivative Assets	48	7
Gross amounts of derivatives offset in the balance sheet, assets	-48	-7
Net amounts presented in the balance sheet, assets	0	0
Gross amounts of derivatives not offset in the balance sheet, assets	0	0
Cash collateral received, assets	0	0
Equity and Other Investments \| Non-designated Hedge Derivatives
Derivatives, Fair Value [Line Items]
Derivative Assets	0	0
Equity and Other Investments \| Non-designated Hedge Derivatives \| Foreign Exchange Contracts
Derivatives, Fair Value [Line Items]
Derivative Assets	0	0
Equity and Other Investments \| Non-designated Hedge Derivatives \| Equity Contracts
Derivatives, Fair Value [Line Items]
Derivative Assets	0	0
Equity and Other Investments \| Non-designated Hedge Derivatives \| Interest Rate Contracts
Derivatives, Fair Value [Line Items]
Derivative Assets	0	0
Equity and Other Investments \| Non-designated Hedge Derivatives \| Credit Contracts
Derivatives, Fair Value [Line Items]
Derivative Assets	0	0
Equity and Other Investments \| Non-designated Hedge Derivatives \| Commodity Contracts
Derivatives, Fair Value [Line Items]
Derivative Assets	0	0
Equity and Other Investments \| Designated Hedge Derivatives
Derivatives, Fair Value [Line Items]
Derivative Assets	48	7
Equity and Other Investments \| Designated Hedge Derivatives \| Foreign Exchange Contracts
Derivatives, Fair Value [Line Items]
Derivative Assets	0	0
Equity and Other Investments \| Designated Hedge Derivatives \| Equity Contracts
Derivatives, Fair Value [Line Items]
Derivative Assets	48	7
Other Current Liabilities
Derivatives, Fair Value [Line Items]
Derivative Liabilities	-508	-284
Net amount, liabilities	-375	-129
Other Current Liabilities \| Eligible for Offsetting
Derivatives, Fair Value [Line Items]
Derivative Liabilities	-508	-284
Gross amounts of derivatives offset in the balance sheet, liabilities	418	155
Net amounts presented in the balance sheet, liabilities	-90	-129
Gross amounts of derivatives not offset in the balance sheet, liabilities	0	0
Cash collateral received, liabilities	-285	0
Other Current Liabilities \| Non-designated Hedge Derivatives
Derivatives, Fair Value [Line Items]
Derivative Liabilities	-374	-144
Other Current Liabilities \| Non-designated Hedge Derivatives \| Foreign Exchange Contracts
Derivatives, Fair Value [Line Items]
Derivative Liabilities	-302	-97
Other Current Liabilities \| Non-designated Hedge Derivatives \| Equity Contracts
Derivatives, Fair Value [Line Items]
Derivative Liabilities	-34	-21
Other Current Liabilities \| Non-designated Hedge Derivatives \| Interest Rate Contracts
Derivatives, Fair Value [Line Items]
Derivative Liabilities	-25	-12
Other Current Liabilities \| Non-designated Hedge Derivatives \| Credit Contracts
Derivatives, Fair Value [Line Items]
Derivative Liabilities	-13	-13
Other Current Liabilities \| Non-designated Hedge Derivatives \| Commodity Contracts
Derivatives, Fair Value [Line Items]
Derivative Liabilities	0	-1
Other Current Liabilities \| Designated Hedge Derivatives
Derivatives, Fair Value [Line Items]
Derivative Liabilities	-134	-140
Other Current Liabilities \| Designated Hedge Derivatives \| Foreign Exchange Contracts
Derivatives, Fair Value [Line Items]
Derivative Liabilities	0	-15
Other Current Liabilities \| Designated Hedge Derivatives \| Equity Contracts
Derivatives, Fair Value [Line Items]
Derivative Liabilities	($134)	($125)

Gains_Losses_on_Fair_Value_Hed

Gains (Losses) on Fair Value Hedges and Related Hedged Items (Detail) (USD $)	3 Months Ended		6 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013
Foreign Exchange Contracts
Derivative Instruments, Gain (Loss) [Line Items]
Derivatives	$381	$73	$622	$59
Hedged items	-382	-74	-624	-61
Total amount of ineffectiveness	-1	-1	-2	-2
Equity Contracts
Derivative Instruments, Gain (Loss) [Line Items]
Derivatives	18	-10	-63	-10
Hedged items	-18	10	63	10
Total amount of ineffectiveness	0	0	0	0
Amount of equity contracts excluded from effectiveness assessment	($9)	($26)	($13)	($26)

Gains_Losses_Related_to_Cash_F

Gains (Losses) Related to Cash Flow Hedges (Detail) (Designated Hedge Derivatives, Foreign Exchange Contracts, USD $)	3 Months Ended		6 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013
Designated Hedge Derivatives \| Foreign Exchange Contracts
Effective Portion
Gains recognized in OCI (net of tax effects of $8, $2, $12, and $0)	$357	$67	$692	$59
Gains reclassified from AOCI into revenue	112	25	128	44
Amount Excluded from Effectiveness Assessment and Ineffective Portion
Losses recognized in other income (expense)	($74)	($40)	($142)	($120)

Gains_Losses_Related_to_Cash_F1

Gains (Losses) Related to Cash Flow Hedges (Parenthetical) (Detail) (Designated Hedge Derivatives, Foreign Exchange Contracts, USD $)	3 Months Ended		6 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013
Designated Hedge Derivatives \| Foreign Exchange Contracts
Derivative Instruments, Gain (Loss) [Line Items]
Gains recognized in OCI, tax effects	$8	$2	$12	$0

NonDesignated_Derivative_Gains

Non-Designated Derivative Gains (Losses) (Detail) (USD $)	3 Months Ended		6 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013
Derivative Instruments, Gain (Loss) [Line Items]
Changes in fair value of derivatives not designated as hedges	($77)	$10	($422)	$42
Foreign Exchange Contracts
Derivative Instruments, Gain (Loss) [Line Items]
Changes in fair value of derivatives not designated as hedges	28	60	-205	74
Equity Contracts
Derivative Instruments, Gain (Loss) [Line Items]
Changes in fair value of derivatives not designated as hedges	-24	-41	-14	-46
Interest Rate Contracts
Derivative Instruments, Gain (Loss) [Line Items]
Changes in fair value of derivatives not designated as hedges	24	-13	18	0
Credit Contracts
Derivative Instruments, Gain (Loss) [Line Items]
Changes in fair value of derivatives not designated as hedges	1	4	-4	3
Commodity Contracts
Derivative Instruments, Gain (Loss) [Line Items]
Changes in fair value of derivatives not designated as hedges	($106)	$0	($217)	$11

Assets_and_Liabilities_Measure

Assets and Liabilities Measured at Fair Value on Recurring Basis (Detail) (USD $)	Dec. 31, 2014		Jun. 30, 2014
In Millions, unless otherwise specified	Dec. 31, 2014		Jun. 30, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	$97,350		$92,164
Gross
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	97,768		92,319
Gross \| Derivatives and other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liabilities	508		284
Gross \| Mutual funds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	651		590
Gross \| Commercial paper
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	144		189
Gross \| Certificates of deposit
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	1,248		1,197
Gross \| U.S. government and agency securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	68,318		67,033
Gross \| Foreign government bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	4,947		3,349
Gross \| Mortgage- and asset-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	2,870		1,073
Gross \| Corporate notes and bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	6,877		6,805
Gross \| Municipal securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	340		332
Gross \| Common and preferred stock
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	11,013		11,391
Gross \| Derivatives
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	1,360		360
Gross \| Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	77,415		76,574
Gross \| Level 1 \| Derivatives and other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liabilities	17		5
Gross \| Level 1 \| Mutual funds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	651		590
Gross \| Level 1 \| Commercial paper
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	0		0
Gross \| Level 1 \| Certificates of deposit
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	0		0
Gross \| Level 1 \| U.S. government and agency securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	67,714		66,288
Gross \| Level 1 \| Foreign government bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	131		139
Gross \| Level 1 \| Mortgage- and asset-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	0		0
Gross \| Level 1 \| Corporate notes and bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	0		0
Gross \| Level 1 \| Municipal securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	0		0
Gross \| Level 1 \| Common and preferred stock
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	8,915		9,552
Gross \| Level 1 \| Derivatives
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	4		5
Gross \| Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	20,291		15,724
Gross \| Level 2 \| Derivatives and other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liabilities	357		153
Gross \| Level 2 \| Mutual funds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	0		0
Gross \| Level 2 \| Commercial paper
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	144		189
Gross \| Level 2 \| Certificates of deposit
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	1,248		1,197
Gross \| Level 2 \| U.S. government and agency securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	604		745
Gross \| Level 2 \| Foreign government bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	4,816		3,210
Gross \| Level 2 \| Mortgage- and asset-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	2,870		1,073
Gross \| Level 2 \| Corporate notes and bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	6,877		6,805
Gross \| Level 2 \| Municipal securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	340		332
Gross \| Level 2 \| Common and preferred stock
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	2,084		1,825
Gross \| Level 2 \| Derivatives
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	1,308		348
Gross \| Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	62		21
Gross \| Level 3 \| Derivatives and other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liabilities	134		126
Gross \| Level 3 \| Mutual funds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	0		0
Gross \| Level 3 \| Commercial paper
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	0		0
Gross \| Level 3 \| Certificates of deposit
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	0		0
Gross \| Level 3 \| U.S. government and agency securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	0		0
Gross \| Level 3 \| Foreign government bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	0		0
Gross \| Level 3 \| Mortgage- and asset-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	0		0
Gross \| Level 3 \| Corporate notes and bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	0		0
Gross \| Level 3 \| Municipal securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	0		0
Gross \| Level 3 \| Common and preferred stock
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	14		14
Gross \| Level 3 \| Derivatives
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	48		7
Netting
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	-418	[1]	-155	[1]
Netting \| Derivatives and other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liabilities	-418	[1]	-155	[1]
Netting \| Mutual funds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	0	[1]	0	[1]
Netting \| Commercial paper
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	0	[1]	0	[1]
Netting \| Certificates of deposit
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	0	[1]	0	[1]
Netting \| U.S. government and agency securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	0	[1]	0	[1]
Netting \| Foreign government bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	0	[1]	0	[1]
Netting \| Mortgage- and asset-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	0	[1]	0	[1]
Netting \| Corporate notes and bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	0	[1]	0	[1]
Netting \| Municipal securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	0	[1]	0	[1]
Netting \| Common and preferred stock
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	0	[1]	0	[1]
Netting \| Derivatives
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	-418	[1]	-155	[1]
Net
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	97,350		92,164
Net \| Derivatives and other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liabilities	90		129
Net \| Mutual funds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	651		590
Net \| Commercial paper
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	144		189
Net \| Certificates of deposit
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	1,248		1,197
Net \| U.S. government and agency securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	68,318		67,033
Net \| Foreign government bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	4,947		3,349
Net \| Mortgage- and asset-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	2,870		1,073
Net \| Corporate notes and bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	6,877		6,805
Net \| Municipal securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	340		332
Net \| Common and preferred stock
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	11,013		11,391
Net \| Derivatives
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	$942		$205

[1]	These amounts represent the impact of netting derivative assets and derivative liabilities when a legally enforceable master netting agreement exists and fair value adjustments related to our own credit risk and counterparty credit risk.

Reconciliation_of_Total_Assets

Reconciliation of Total Assets Measured at Fair Value on Recurring Basis to Balance Sheet Presentation (Detail) (USD $)	Dec. 31, 2014	Jun. 30, 2014
In Millions, unless otherwise specified	Dec. 31, 2014	Jun. 30, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net fair value of assets measured at fair value on a recurring basis	$97,350	$92,164
Other assets	2
Other liabilities		-6
Recorded basis of investment components	102,563	98,770
Other Current Assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Less derivative net assets classified as other current assets	-557	-38
Fair Value, Measurements, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash	4,468	4,980
Fair Value, Measurements, Nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Common and preferred stock measured at fair value on a nonrecurring basis	550	520
Other investments measured at fair value on a nonrecurring basis	$750	$1,150

Components_of_Inventories_Deta

Components of Inventories (Detail) (USD $)	Dec. 31, 2014	Jun. 30, 2014
In Millions, unless otherwise specified	Dec. 31, 2014	Jun. 30, 2014
Inventory [Line Items]
Raw materials	$681	$944
Work in process	260	266
Finished goods	1,112	1,450
Total	$2,053	$2,660

Business_Combinations_Addition

Business Combinations - Additional Information (Detail) (USD $)	0 Months Ended		6 Months Ended	0 Months Ended
	Apr. 25, 2014		Dec. 31, 2014	Nov. 06, 2014	Jun. 30, 2014
Business Acquisition [Line Items]
Goodwill acquired			$21,855,000,000		$20,127,000,000
Nokia Devices And Services Business
Business Acquisition [Line Items]
Name of acquired entity			Nokia Corporation's ("Nokia") Devices and Services business ("NDS")
Acquisition date	25-Apr-14
Total purchase price	9,400,000,000
Cash acquired	1,503,000,000
Cash paid to acquire the business	7,100,000,000
Goodwill adjustments			-29,000,000
Other current assets adjustments			-14,000,000
Other long-term assets adjustments			-7,000,000
Long-term liabilities adjustments			-27,000,000
Total purchase price adjustments			-23,000,000
Goodwill acquired	5,429,000,000	[1]
Identifiable intangible assets acquired	4,509,000,000
Nokia Devices And Services Business \| Corporate notes and bonds \| Nokia
Business Acquisition [Line Items]
Non-cash transaction to acquire the business	2,100,000,000
Mojang Synergies AB
Business Acquisition [Line Items]
Name of acquired entity			Mojang Synergies AB
Acquisition date				6-Nov-14
Cash paid, net of cash acquired, to acquire the business				2,500,000,000
Goodwill acquired				1,800,000,000
Identifiable intangible assets acquired				916,000,000
Weighted-average amortization period				6 years 4 months 24 days
Series of Individually Immaterial Business Acquisitions
Business Acquisition [Line Items]
Cash paid to acquire the business			$422,000,000
Number of entities acquired			7

[1]	Goodwill was assigned to our Phone Hardware segment. The goodwill was primarily attributed to increased synergies that are expected to be achieved from the integration of NDS.

Major_Classes_of_Assets_and_Li

Major Classes of Assets and Liabilities to Which We Have Preliminarily Allocated the Purchase Price (Detail) (USD $)	Dec. 31, 2014	Jun. 30, 2014	Apr. 25, 2014
In Millions, unless otherwise specified	Dec. 31, 2014	Jun. 30, 2014	Apr. 25, 2014
Business Acquisition [Line Items]
Goodwill	$21,855	$20,127
Nokia Devices And Services Business
Business Acquisition [Line Items]
Cash			1,503
Accounts receivable			754	[1]
Inventories			544
Other current assets			946
Property and equipment			981
Intangible assets			4,509
Goodwill			5,429	[2]
Other			242
Current liabilities			-4,576
Long-term liabilities			-890
Total purchase price			$9,442

[1]	Gross accounts receivable is $901 million, of which $147 million is expected to be uncollectible.
[2]	Goodwill was assigned to our Phone Hardware segment. The goodwill was primarily attributed to increased synergies that are expected to be achieved from the integration of NDS.

Major_Classes_of_Assets_and_Li1

Major Classes of Assets and Liabilities to Which We Have Preliminarily Allocated the Purchase Price (Parenthetical) (Detail) (Nokia Devices And Services Business, USD $)	Apr. 25, 2014
In Millions, unless otherwise specified	Apr. 25, 2014
Nokia Devices And Services Business
Business Acquisition [Line Items]
Gross accounts receivable	$901
Gross accounts receivable, expected to be uncollectible	$147

Carrying_Amount_of_Goodwill_De

Carrying Amount of Goodwill (Detail) (USD $)	6 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014
Goodwill [Line Items]
Beginning Balance	$20,127
Acquisitions	2,099
Other	-371
Ending Balance	21,855
Devices and Consumer
Goodwill [Line Items]
Beginning Balance	8,658
Acquisitions	1,776
Other	-229
Ending Balance	10,205
Devices and Consumer \| Devices and Consumer Licensing
Goodwill [Line Items]
Beginning Balance	868
Acquisitions	4
Other	0
Ending Balance	872
Devices and Consumer \| Devices and Consumer Other
Goodwill [Line Items]
Beginning Balance	738
Acquisitions	1,772
Other	-101
Ending Balance	2,409
Devices and Consumer \| Hardware
Goodwill [Line Items]
Beginning Balance	7,052
Acquisitions	0
Other	-128
Ending Balance	6,924
Devices and Consumer \| Hardware \| Computing and Gaming Hardware
Goodwill [Line Items]
Beginning Balance	1,698
Acquisitions	0
Other	-38
Ending Balance	1,660
Devices and Consumer \| Hardware \| Phone Hardware
Goodwill [Line Items]
Beginning Balance	5,354
Acquisitions	0
Other	-90
Ending Balance	5,264
Commercial
Goodwill [Line Items]
Beginning Balance	11,469
Acquisitions	323
Other	-142
Ending Balance	11,650
Commercial \| Commercial Licensing
Goodwill [Line Items]
Beginning Balance	10,058
Acquisitions	0
Other	-137
Ending Balance	9,921
Commercial \| Commercial Other
Goodwill [Line Items]
Beginning Balance	1,411
Acquisitions	323
Other	-5
Ending Balance	$1,729

FiniteLived_Intangible_Assets_

Finite-Lived Intangible Assets (Detail) (USD $)	Dec. 31, 2014		Jun. 30, 2014
In Millions, unless otherwise specified	Dec. 31, 2014		Jun. 30, 2014
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$11,979		$10,956
Accumulated Amortization	-4,680		-3,975
Net Carrying Amount	7,299		6,981
Technology-based
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	6,911	[1]	6,440	[1]
Accumulated Amortization	-3,028	[1]	-2,615	[1]
Net Carrying Amount	3,883	[1]	3,825	[1]
Marketing-related
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	2,028		1,518
Accumulated Amortization	-435		-324
Net Carrying Amount	1,593		1,194
Contract-based
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	2,265		2,266
Accumulated Amortization	-797		-716
Net Carrying Amount	1,468		1,550
Customer-related
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	775		732
Accumulated Amortization	-420		-320
Net Carrying Amount	$355		$412

[1]	Technology-based intangible assets included $43 million and $98 million as of December 31, 2014 and June 30, 2014, respectively, of net carrying amount of software to be sold, leased, or otherwise marketed.

FiniteLived_Intangible_Assets_1

Finite-Lived Intangible Assets (Parenthetical) (Detail) (USD $)	Dec. 31, 2014	Jun. 30, 2014
In Millions, unless otherwise specified	Dec. 31, 2014	Jun. 30, 2014
Finite-Lived Intangible Assets [Line Items]
Net Carrying Amount	$7,299	$6,981
Software to be sold, leased, or otherwise marketed
Finite-Lived Intangible Assets [Line Items]
Net Carrying Amount	$43	$98

Intangible_Assets_Additional_I

Intangible Assets - Additional Information (Detail) (USD $)	3 Months Ended		6 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013
Finite-Lived Intangible Assets [Line Items]
Intangible assets amortization expense	$329	$166	$701	$328
Amortization of capitalized software	$15	$50	$55	$96

Estimated_Future_Amortization_

Estimated Future Amortization Expense Related to Intangible Assets (Detail) (USD $)	Dec. 31, 2014	Jun. 30, 2014
In Millions, unless otherwise specified	Dec. 31, 2014	Jun. 30, 2014
Finite-Lived Intangible Assets [Line Items]
Year Ending June 30, 2015 (excluding the six months ended December 31, 2014)	$683
Year Ending June 30, 2016	1,233
Year Ending June 30, 2017	978
Year Ending June 30, 2018	843
Year Ending June 30, 2019	759
Thereafter	2,803
Net Carrying Amount	$7,299	$6,981

Debt_Additional_Information_De

Debt - Additional Information (Detail) (USD $)	6 Months Ended	12 Months Ended
Debt - Additional Information (Detail) (USD $)	Dec. 31, 2014	Jun. 30, 2014
Debt Instrument [Line Items]
Debt amount	$28,300,000,000	$22,600,000,000
Short-term debt	8,299,000,000	2,000,000,000
Long-term debt	20,000,000,000	20,600,000,000
Commercial paper	8,300,000,000	2,000,000,000
Credit facility, financial covenant	As of December 31, 2014, 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 interest, taxes, depreciation, and amortization to interest expense, as defined in the credit agreements.
Credit facility, drawn	0	0
Long-term debt fair value	21,600,000,000	21,500,000,000
Unamortized discount	95,000,000	100,000,000
Commercial paper
Debt Instrument [Line Items]
Commercial paper, weighted average interest rate	0.11%	0.12%
Commercial paper \| Lower Limit
Debt Instrument [Line Items]
Commercial paper, maturity term	16 days	86 days
Commercial paper \| Upper Limit
Debt Instrument [Line Items]
Commercial paper, maturity term	89 days	91 days
Credit Facility Expire on November 14th 2018
Debt Instrument [Line Items]
Credit facility	5,000,000,000
Credit facility, expiration date	14-Nov-18
Credit Facility Expire on November 4th 2015
Debt Instrument [Line Items]
Credit facility	$5,000,000,000
Credit facility, expiration date	4-Nov-15

Longterm_Debt_Detail

Long-term Debt (Detail) (USD $)	6 Months Ended		12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014		Jun. 30, 2014
Debt Instrument [Line Items]
Face Value	$20,104		$20,745
Notes 1.625 Percent Due September 25th 2015
Debt Instrument [Line Items]
Debt maturity date	25-Sep-15		25-Sep-15
Face Value	1,750		1,750
Stated Interest Rate	1.63%		1.63%
Effective Interest Rate	1.80%		1.80%
Notes 2.5 Percent Due February 8th 2016
Debt Instrument [Line Items]
Debt maturity date	8-Feb-16		8-Feb-16
Face Value	750		750
Stated Interest Rate	2.50%		2.50%
Effective Interest Rate	2.64%		2.64%
Notes 0.875 Percent Due November 15th 2017
Debt Instrument [Line Items]
Debt maturity date	15-Nov-17		15-Nov-17
Face Value	600		600
Stated Interest Rate	0.88%		0.88%
Effective Interest Rate	1.08%		1.08%
Notes 1.0 Percent Due May 1st 2018
Debt Instrument [Line Items]
Debt maturity date	1-May-18		1-May-18
Face Value	450		450
Stated Interest Rate	1.00%		1.00%
Effective Interest Rate	1.11%		1.11%
Notes 1.625 Percent Due December 6th 2018
Debt Instrument [Line Items]
Debt maturity date	6-Dec-18		6-Dec-18
Face Value	1,250		1,250
Stated Interest Rate	1.63%		1.63%
Effective Interest Rate	1.82%		1.82%
Notes 4.2 Percent Due June 1st 2019
Debt Instrument [Line Items]
Debt maturity date	1-Jun-19		1-Jun-19
Face Value	1,000		1,000
Stated Interest Rate	4.20%		4.20%
Effective Interest Rate	4.38%		4.38%
Notes 3.0 Percent Due October 1st 2020
Debt Instrument [Line Items]
Debt maturity date	1-Oct-20		1-Oct-20
Face Value	1,000		1,000
Stated Interest Rate	3.00%		3.00%
Effective Interest Rate	3.14%		3.14%
Notes 4.0 Percent Due February 8th 2021
Debt Instrument [Line Items]
Debt maturity date	8-Feb-21		8-Feb-21
Face Value	500		500
Stated Interest Rate	4.00%		4.00%
Effective Interest Rate	4.08%		4.08%
Notes 2.125 Percent Due December 6th 2021
Debt Instrument [Line Items]
Debt maturity date	6-Dec-21	[1]	6-Dec-21	[1]
Face Value	2,119	[1]	2,396	[1]
Stated Interest Rate	2.13%	[1]	2.13%	[1]
Effective Interest Rate	2.23%	[1]	2.23%	[1]
Notes 2.125 Percent Due November 15th 2022
Debt Instrument [Line Items]
Debt maturity date	15-Nov-22		15-Nov-22
Face Value	750		750
Stated Interest Rate	2.13%		2.13%
Effective Interest Rate	2.24%		2.24%
Notes 2.375 Percent Due May 1st 2023
Debt Instrument [Line Items]
Debt maturity date	1-May-23		1-May-23
Face Value	1,000		1,000
Stated Interest Rate	2.38%		2.38%
Effective Interest Rate	2.47%		2.47%
Notes 3.625 Percent Due December 15th 2023
Debt Instrument [Line Items]
Debt maturity date	15-Dec-23		15-Dec-23
Face Value	1,500		1,500
Stated Interest Rate	3.63%		3.63%
Effective Interest Rate	3.73%		3.73%
Notes 3.125 Percent Due December 6 2028
Debt Instrument [Line Items]
Debt maturity date	6-Dec-28	[1]	6-Dec-28	[1]
Face Value	2,119	[1]	2,396	[1]
Stated Interest Rate	3.13%	[1]	3.13%	[1]
Effective Interest Rate	3.22%	[1]	3.22%	[1]
Notes 2.625 Percent Due May 2nd 2033
Debt Instrument [Line Items]
Debt maturity date	2-May-33	[2]	2-May-33	[2]
Face Value	666	[2]	753	[2]
Stated Interest Rate	2.63%	[2]	2.63%	[2]
Effective Interest Rate	2.69%	[2]	2.69%	[2]
Notes 5.2 Percent Due June 1st 2039
Debt Instrument [Line Items]
Debt maturity date	1-Jun-39		1-Jun-39
Face Value	750		750
Stated Interest Rate	5.20%		5.20%
Effective Interest Rate	5.24%		5.24%
Notes 4.5 Percent Due October 1st 2040
Debt Instrument [Line Items]
Debt maturity date	1-Oct-40		1-Oct-40
Face Value	1,000		1,000
Stated Interest Rate	4.50%		4.50%
Effective Interest Rate	4.57%		4.57%
Notes 5.3 Percent Due February 8th 2041
Debt Instrument [Line Items]
Debt maturity date	8-Feb-41		8-Feb-41
Face Value	1,000		1,000
Stated Interest Rate	5.30%		5.30%
Effective Interest Rate	5.36%		5.36%
Notes 3.5 Percent Due November 15th 2042
Debt Instrument [Line Items]
Debt maturity date	15-Nov-42		15-Nov-42
Face Value	900		900
Stated Interest Rate	3.50%		3.50%
Effective Interest Rate	3.57%		3.57%
Notes 3.750 Percent Due May 1st 2043
Debt Instrument [Line Items]
Debt maturity date	1-May-43		1-May-43
Face Value	500		500
Stated Interest Rate	3.75%		3.75%
Effective Interest Rate	3.83%		3.83%
Notes 4.875 Percent Due December 15th 2043
Debt Instrument [Line Items]
Debt maturity date	15-Dec-43		15-Dec-43
Face Value	$500		$500
Stated Interest Rate	4.88%		4.88%
Effective Interest Rate	4.92%		4.92%

[1]	In December 2013, we issued €3.5 billion of debt securities.
[2]	In April 2013, we issued €550 million of debt securities.

Longterm_Debt_Parenthetical_De

Long-term Debt (Parenthetical) (Detail)	Dec. 31, 2014	Jun. 30, 2014	Dec. 31, 2013	Apr. 30, 2013
In Millions, unless otherwise specified	USD ($)	USD ($)	EUR Debt Issued in Period	EUR Debt Issued in Period
			EUR (€)	EUR (€)
Debt Instrument [Line Items]
Face Value	$20,104	$20,745	€ 3,500	€ 550

Income_Taxes_Additional_Inform

Income Taxes - Additional Information (Detail)	3 Months Ended		6 Months Ended
Income Taxes - Additional Information (Detail)	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013
Income Taxes [Line Items]
Effective tax rate	25.00%	17.00%	24.00%	17.00%

Income_Taxes_Additional_Inform1

Income Taxes - Additional Information Regarding Examinations (Detail) (USD $)	6 Months Ended
In Billions, unless otherwise specified	Dec. 31, 2014	Jun. 30, 2014
Income Tax Examination [Line Items]
Tax contingencies and other tax liabilities	11.3	$10.40
Internal Revenue Service (IRS) \| Earliest Tax Year
Income Tax Examination [Line Items]
Tax years under audit	2004
Tax years subject to examination	2007
Internal Revenue Service (IRS) \| Latest Tax Year
Income Tax Examination [Line Items]
Tax years under audit	2006
Tax years subject to examination	2014
Foreign Country \| Earliest Tax Year
Income Tax Examination [Line Items]
Tax years subject to examination	1996
Foreign Country \| Latest Tax Year
Income Tax Examination [Line Items]
Tax years subject to examination	2014

Restructuring_Charges_Addition

Restructuring Charges - Additional Information (Detail) (USD $)	3 Months Ended	6 Months Ended	1 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2014	Jul. 31, 2014
	Position	Position	Position
Restructuring Cost and Reserve [Line Items]
Restructuring Plan, expected completion date		30-Jun-15
Restructuring charges	$132	$1,180
Number of positions eliminated	17,500	17,500
Asset write-downs	56	309
Additional pre-tax restructuring charges expected to be incurred during the remainder of fiscal year 2015	$200	$200
Upper Limit
Restructuring Cost and Reserve [Line Items]
Number of positions expected to be eliminated in the current fiscal year			18,000
Nokia Devices And Services Business
Restructuring Cost and Reserve [Line Items]
Number of positions expected to be eliminated in the current fiscal year			12,500

Changes_in_Restructuring_Liabi

Changes in Restructuring Liability (Detail) (USD $)	3 Months Ended		6 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014		Dec. 31, 2014
Restructuring Cost and Reserve [Line Items]
Restructuring liability as of June 30, 2014			$0
Restructuring charges	132		1,180
Cash paid			-577
Other			-328
Restructuring liability as of December 31, 2014	275		275
Severance
Restructuring Cost and Reserve [Line Items]
Restructuring liability as of June 30, 2014			0
Restructuring charges			739
Cash paid			-521
Other			-15
Restructuring liability as of December 31, 2014	203		203
Asset Impairments and Other
Restructuring Cost and Reserve [Line Items]
Restructuring liability as of June 30, 2014			0	[1]
Restructuring charges			441	[1]
Cash paid			-56	[1]
Other			-313	[1]
Restructuring liability as of December 31, 2014	$72	[1]	$72	[1]

[1]	"Asset Impairments and Other" primarily reflects activities associated with the consolidation of our facilities and manufacturing operations, including asset write-downs of $309 million in the six months ended December 31, 2014, as well as contract termination costs.

Changes_in_Restructuring_Liabi1

Changes in Restructuring Liability (Parenthetical) (Detail) (USD $)	3 Months Ended	6 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2014
Restructuring Cost and Reserve [Line Items]
Asset write-downs	$56	$309

Unearned_Revenue_by_Segment_De

Unearned Revenue by Segment (Detail) (USD $)	Dec. 31, 2014	Jun. 30, 2014
In Millions, unless otherwise specified	Dec. 31, 2014	Jun. 30, 2014
Deferred Revenue Arrangement [Line Items]
Unearned revenue	$21,243	$25,158
Commercial Licensing
Deferred Revenue Arrangement [Line Items]
Unearned revenue	15,776	19,099
Commercial Other
Deferred Revenue Arrangement [Line Items]
Unearned revenue	3,486	3,934
Rest of the segments
Deferred Revenue Arrangement [Line Items]
Unearned revenue	$1,981	$2,125

Contingencies_Additional_Infor

Contingencies - Additional Information (Detail) (USD $)	1 Months Ended
Contingencies - Additional Information (Detail) (USD $)	Sep. 30, 2013	Dec. 31, 2014
Antitrust, Unfair Competition, And Overcharge Class Actions \| United States
Loss Contingencies [Line Items]
Accrual for loss contingency, ending balance		$300,000,000
Contingencies Disclosed in Contingencies Note
Loss Contingencies [Line Items]
Accrual for disclosed loss contingencies, current, ending balance		691,000,000
Accrual for disclosed loss contingencies, noncurrent, ending balance		35,000,000
Amount not accrued for estimated maximum losses for disclosed loss contingencies		1,900,000,000
Patent And Intellectual Property Claims \| US State District Court \| Microsoft, Plaintiff
Loss Contingencies [Line Items]
Damages awarded value	$14,500,000

Share_Repurchases_Detail

Share Repurchases (Detail) (Share Repurchase Program, USD $)	3 Months Ended		6 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013
Share Repurchase Program
Share Repurchases [Line Items]
Shares of common stock repurchased	43	53	86	100
Value of common stock repurchased	$2,000	$2,000	$4,000	$3,500

Stockholders_Equity_Additional

Stockholders' Equity - Additional Information (Detail) (USD $)	Dec. 31, 2014	Sep. 16, 2013
In Billions, unless otherwise specified	Dec. 31, 2014	Sep. 16, 2013
Share Repurchases [Line Items]
Amount available for repurchase under the current share repurchase program approved by the company's Board of Directors		$40
Unused amount of share repurchase program	$31.10

Dividends_Declared_Detail

Dividends Declared (Detail) (USD $)	3 Months Ended				6 Months Ended
In Millions, except Per Share data, unless otherwise specified	Dec. 31, 2014	Sep. 30, 2014	Dec. 31, 2013	Sep. 30, 2013	Dec. 31, 2014	Dec. 31, 2013
Dividends [Line Items]
Declaration Date	3-Dec-14	16-Sep-14	19-Nov-13	16-Sep-13
Dividend Per Share	$0.31	$0.31	$0.28	$0.28	$0.62	$0.56
Record Date	19-Feb-15	20-Nov-14	20-Feb-14	21-Nov-13
Total Amount	$2,548	$2,547	$2,322	$2,332
Payment Date	12-Mar-15	11-Dec-14	13-Mar-14	12-Dec-13

Summary_of_Changes_in_Accumula

Summary of Changes in Accumulated Other Comprehensive Income by Component (Detail) (USD $)	3 Months Ended		6 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive income (loss), beginning of period			$3,708
Translation adjustments and other, net of tax effects of $(211), $11, $(258), and $44	-390	21	-471	83
Net current period other comprehensive income	247	43	566	17
Net current period other comprehensive income (loss)	-231	482	-420	1,434
Accumulated other comprehensive income (loss), end of period	3,383	3,277	3,383	3,277
Derivatives
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive income (loss), beginning of period	350	40	31	66
Unrealized gains, net of tax effects of $8, $2, $12, and $0	357	67	692	59
Tax expense included in provision for income taxes	2	1	2	2
Amounts reclassified from accumulated other comprehensive income	-110	-24	-126	-42
Net current period other comprehensive income	247	43	566	17
Accumulated other comprehensive income (loss), end of period	597	83	597	83
Derivatives \| Revenue
Accumulated Other Comprehensive Income (Loss) [Line Items]
Reclassification adjustments for gains included in revenue	-112	-25	-128	-44
Investments
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive income (loss), beginning of period	3,342	2,746	3,531	1,794
Unrealized gains (losses), net of tax effects of $(12), $270, $(86), and $760	-24	527	-162	1,474
Tax expense included in provision for income taxes	112	25	140	23
Amounts reclassified from accumulated other comprehensive income	-207	-45	-258	-40
Net current period other comprehensive income (loss)	-231	482	-420	1,434
Accumulated other comprehensive income (loss), end of period	3,111	3,228	3,111	3,228
Investments \| Other income (expense)
Accumulated Other Comprehensive Income (Loss) [Line Items]
Reclassification adjustments for gains included in other income (expense)	-319	-70	-398	-63
Translation Adjustments and Other
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive income (loss), beginning of period	65	-55	146	-117
Translation adjustments and other, net of tax effects of $(211), $11, $(258), and $44	-390	21	-471	83
Accumulated other comprehensive income (loss), end of period	($325)	($34)	($325)	($34)

Summary_of_Changes_in_Accumula1

Summary of Changes in Accumulated Other Comprehensive Income by Component (Parenthetical) (Detail) (USD $)	3 Months Ended		6 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013
Accumulated Other Comprehensive Income (Loss) [Line Items]
Translation adjustments and other, tax effects	($211)	$11	($258)	$44
Derivatives
Accumulated Other Comprehensive Income (Loss) [Line Items]
Unrealized gains, tax effects	8	2	12	0
Investments
Accumulated Other Comprehensive Income (Loss) [Line Items]
Unrealized gains (losses), tax effects	-12	270	-86	760
Translation Adjustments and Other
Accumulated Other Comprehensive Income (Loss) [Line Items]
Translation adjustments and other, tax effects	($211)	$11	($258)	$44

Segment_Revenue_and_Gross_Marg

Segment Revenue and Gross Margin (Detail) (USD $)	3 Months Ended		6 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013
Segment Reporting Information [Line Items]
Revenue	$26,470	$24,519	$49,671	$43,048
Gross margin	16,334	16,197	31,262	29,581
Devices and Consumer
Segment Reporting Information [Line Items]
Revenue	12,884	11,888	23,848	19,335
Gross margin	5,217	5,779	10,304	10,228
Devices and Consumer \| Devices and Consumer Licensing
Segment Reporting Information [Line Items]
Revenue	4,167	5,544	8,260	10,028
Gross margin	3,876	4,981	7,694	8,901
Devices and Consumer \| Devices and Consumer Other
Segment Reporting Information [Line Items]
Revenue	2,436	1,874	4,245	3,428
Gross margin	550	387	862	711
Devices and Consumer \| Hardware
Segment Reporting Information [Line Items]
Revenue	6,281	4,470	11,343	5,879
Gross margin	791	411	1,748	616
Devices and Consumer \| Hardware \| Computing and Gaming Hardware
Segment Reporting Information [Line Items]
Revenue	3,997	4,470	6,450	5,879
Gross margin	460	411	939	616
Devices and Consumer \| Hardware \| Phone Hardware
Segment Reporting Information [Line Items]
Revenue	2,284	0	4,893	0
Gross margin	331	0	809	0
Commercial
Segment Reporting Information [Line Items]
Revenue	13,272	12,686	25,552	23,899
Gross margin	10,826	10,495	20,731	19,574
Commercial \| Commercial Licensing
Segment Reporting Information [Line Items]
Revenue	10,679	10,906	20,552	20,517
Gross margin	9,926	10,080	19,026	18,885
Commercial \| Commercial Other
Segment Reporting Information [Line Items]
Revenue	2,593	1,780	5,000	3,382
Gross margin	900	415	1,705	689
Corporate and Other
Segment Reporting Information [Line Items]
Revenue	314	-55	271	-186
Gross margin	$291	($77)	$227	($221)

Operating_Expenses_by_Segment_

Operating Expenses by Segment Group (Detail) (USD $)	3 Months Ended		6 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013
Segment Reporting Information [Line Items]
Segment operating expenses	$8,315	$8,228	$16,259	$15,278
Integration and restructuring	243	0	1,383	0
Operating expenses	8,558	8,228	17,642	15,278
Devices and Consumer
Segment Reporting Information [Line Items]
Segment operating expenses	3,324	3,178	6,383	5,466
Commercial
Segment Reporting Information [Line Items]
Segment operating expenses	4,300	4,189	8,333	8,211
Corporate and Other
Segment Reporting Information [Line Items]
Segment operating expenses	$691	$861	$1,543	$1,601

Operating_Income_Loss_by_Segme

Operating Income (Loss) by Segment Group (Detail) (USD $)	3 Months Ended		6 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013
Segment Reporting Information [Line Items]
Operating income	$7,776	$7,969	$13,620	$14,303
Devices and Consumer
Segment Reporting Information [Line Items]
Operating income	1,893	2,601	3,921	4,762
Commercial
Segment Reporting Information [Line Items]
Operating income	6,526	6,306	12,398	11,363
Corporate and Other
Segment Reporting Information [Line Items]
Operating income	($643)	($938)	($2,699)	($1,822)

Corporate_and_Other_Activity_D

Corporate and Other Activity (Detail) (USD $)	3 Months Ended				6 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014		Dec. 31, 2013		Dec. 31, 2014		Dec. 31, 2013
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Operating income	$7,776		$7,969		$13,620		$14,303
Corporate
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Operating income	-889	[1],[2]	-854	[1],[2]	-2,823	[1],[2]	-1,599	[1],[2]
Reconciling amounts \| Revenue
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Operating income	314	[3]	-55	[3]	271	[3]	-186	[3]
Reconciling amounts \| Cost of Revenue
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Operating income	-23		-22		-44		-35
Reconciling amounts \| Operating Expense
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Operating income	-45		-7		-103		-2
Corporate and Other
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Operating income	($643)		($938)		($2,699)		($1,822)

[1]	Corporate is presented on the basis of our internal accounting policies and excludes the adjustments to U.S. GAAP that are presented separately in those line items.
[2]	Corporate for the three and six months ended December 31, 2014 included integration and restructuring expenses of $243 million and $1.4 billion, respectively.
[3]	Revenue reconciling amounts for the three months ended December 31, 2014 included the recognition of $326 million of previously deferred net revenue related to sales of bundled products and services ("Bundled Offerings"). Revenue reconciling amounts for the three months ended December 31, 2013 included $135 million of net revenue deferrals related to Bundled Offerings, offset in part by the recognition of $105 million of previously deferred revenue related to the pre-sales of Windows 8.1 to OEMs and retailers before general availability. Revenue reconciling amounts for the six months ended December 31, 2014 included the recognition of $297 million of previously deferred net revenue related to Bundled Offerings. Revenue reconciling amounts for the six months ended December 31, 2013 included $140 million of net revenue deferrals related to Bundled Offerings.

Corporate_and_Other_Activity_P

Corporate and Other Activity (Parenthetical) (Detail) (USD $)	3 Months Ended				6 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014		Dec. 31, 2013		Dec. 31, 2014		Dec. 31, 2013
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Integration and restructuring expenses	$243		$0		$1,383		$0
Operating income	7,776		7,969		13,620		14,303
Corporate
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Integration and restructuring expenses	243				1,383
Operating income	-889	[1],[2]	-854	[1],[2]	-2,823	[1],[2]	-1,599	[1],[2]
Reconciling amounts \| Revenue
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Operating income	314	[3]	-55	[3]	271	[3]	-186	[3]
Reconciling amounts \| Revenue \| Bundled Offerings
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Operating income	326		135		297		140
Reconciling amounts \| Revenue \| Windows Deferral
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Operating income			$105

[1]	Corporate is presented on the basis of our internal accounting policies and excludes the adjustments to U.S. GAAP that are presented separately in those line items.
[2]	Corporate for the three and six months ended December 31, 2014 included integration and restructuring expenses of $243 million and $1.4 billion, respectively.
[3]	Revenue reconciling amounts for the three months ended December 31, 2014 included the recognition of $326 million of previously deferred net revenue related to sales of bundled products and services ("Bundled Offerings"). Revenue reconciling amounts for the three months ended December 31, 2013 included $135 million of net revenue deferrals related to Bundled Offerings, offset in part by the recognition of $105 million of previously deferred revenue related to the pre-sales of Windows 8.1 to OEMs and retailers before general availability. Revenue reconciling amounts for the six months ended December 31, 2014 included the recognition of $297 million of previously deferred net revenue related to Bundled Offerings. Revenue reconciling amounts for the six months ended December 31, 2013 included $140 million of net revenue deferrals related to Bundled Offerings.