Microsoft 2002 Annual Report Download - page 41

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MSFT 43 / 2002 FORM 10-K
Part II
Item 8
NOTE 5 INVENTORIES
In millions
June 30 2001 2002
Finished goods $78 $505
Raw materials and work in process 5 168
Inventories $83 $673
NOTE 6 PROPERTY AND EQUIPMENT
In millions
June 30 2001 2002
Land $185 $197
Buildings 1,584 1,701
Computer equipment and software 2,292 2,621
Other 1,214 1,372
Property and equipment – at cost 5,275 5,891
A
ccumulated depreciation (2,966) (3,623)
Property and equipment – net $2,309 $2,268
During 2000, 2001, and 2002, depreciation expense, of which the majority related to computer equipment, was $668 million, $764 million, and $820
million.
NOTE 7 EQUITY AND OTHER INVESTMENTS
In millions
June 30, 2001
Cost
Basis
Unrealized
Gains Unrealized
Losses
Recorded
Basis
Debt securities recorded at market, maturing:
Within one year $ 500 $ – $ – $500
Between 2 and 10 years 643 12 (3) 652
Between 10 and 15 years 513 – (9) 504
Beyond 15 years 4,754 – (829) 3,925
Debt securities recorded at market 6,410 12 (841) 5,581
Common stock and warrants 5,555 2,030 (285) 7,300
Preferred stock 881 – – 881
Other investments 599 – – 599
Equity and other investments $13,445 $2,042 $ (1,126) $14,361