Question

Locate the financial statements of Microsoft's segmented financial information. Prepare an overview of what is revealed about the company through its segmented data. Discuss the benefits of reporting financial information this way.

We report our financial performance based on the following segments: Productivity and Business Processes, Intelligent Cloud, and More Personal Computing. The segment amounts included in MD&A are presented on a basis consistent with our internal management reporting. All differences between our internal management reporting basis and accounting principles generally accepted in the United States of America (“GAAP”), along with certain corporate-level and other activity, are included in Corporate and Other.

SEGMENT RESULTS OF OPERATIONS

(In millions, except percentages)	2019		2018		2017	Percentage Change 2019 Versus 2018	Percentage Change 2018 Versus 2017
Revenue
Productivity and Business Processes	$ 41,160		$ 35,865		$ 29,870	15%	20%
Intelligent Cloud	38,985		32,219		27,407	21%	18%
More Personal Computing	45,698		42,276		39,294	8%	8%
Total	$ 125,843		$ 110,360		$ 96,571	14%	14%
Operating Income (Loss)
Productivity and Business Processes	$ 16,219		$ 12,924		$ 11,389	25%	13%
Intelligent Cloud	13,920		11,524		9,127	21%	26%
More Personal Computing	12,820		10,610		8,815	21%	20%
Corporate and Other	0		0		(306)	*	*
Total	$ 42,959		$ 35,058		$ 29,025	23%	21%

Answer 1