Supplemental balance sheet information related to leases was as follows:
(In millions, except lease term and discount rate)
June 30, ................................ 2025 / 2025 / 2024 / 2024
Operating Leases
Operating lease right-of-use assets ..... $ / 24,823 / $ / 18,961
Other current liabilities ............... $ / 5,424 / $ / 3,580
Operating lease liabilities ............. 17,437 / 15,497
Total operating lease liabilities ....... $ / 22,861 / $ / 19,077
Finance Leases
Property and equipment, at cost ......... $ / 53,876 / $ / 32,248
Accumulated depreciation ................ ( 9,861 / ) / ( 6,386 / )
Property and equipment, net ............. $ / 44,015 / $ / 25,862
Other current liabilities ............... $ / 3,172 / $ / 2,349
Other long-term liabilities ............. 43,000 / 24,796
Total finance lease liabilities ......... $ / 46,172 / $ / 27,145
Weighted Average Remaining Lease Term
Operating leases ........................ 6 years / 7 years
Finance leases .......................... 13 years / 12 years
Weighted Average Discount Rate
Operating leases ........................ 3.5 % / 3.3 %
Finance leases .......................... 4.2 % / 3.9 %
The following table outlines maturities of our lease liabilities as of June 30, 2025:
(In millions)
Year Ending June 30, .................... Operating Leases / Operating Leases / Finance Leases / Finance Leases
2026 .................................... $ / 6,111 / $ / 5,008
2027 .................................... 5,237 / 5,157
2028 .................................... 3,495 / 5,187
2029 .................................... 2,419 / 4,521
2030 .................................... 2,017 / 4,382
Thereafter .............................. 6,202 / 36,251
Total lease payments .................... 25,481 / 60,506
Less imputed interest ................... ( 2,620 / ) / ( 14,334 / )
Total ................................... $ / 22,861 / $ / 46,172
As of June 30, 2025, we had additional leases, primarily for datacenters, that had not yet commenced of $ 92.7 billion. These leases will commence between fiscal year 2026 and fiscal year 2031 with lease terms of 1 year to 20 years.
NOTE 14 — CONTINGENCIES
Irish Data Protection Commission Matter
In 2018, the Irish Data Protection Commission (“IDPC”) began investigating a complaint against LinkedIn as to whether LinkedIn’s targeted advertising practices violated the recently implemented European Union General Data Protection Regulation (“GDPR”). Microsoft cooperated throughout the period of inquiry. In October 2024, the IDPC provided LinkedIn with a final decision alleging GDPR violations and assessing a fine. In November 2024, LinkedIn appealed the final decision to the Irish courts, and the next hearing is scheduled for December 2025.
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