I'm building out a PP&E schedule for MSFT and I can't get the historical years to equal the ending balance of PP&E. My calculation: Beginning balance of PP&E + Capex - D&A = Ending Balance of PP&E. Is there anything i'm missing? Are there any other line items that I need to account for?
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You might have disposal of assets -also affects accum. D&A - , transfer/additions from other accounts (i.e. transfer from PP&E to assets held for sale) & sometimes there might be differences due to a change in accounting standards. Regardless, the PP&E note in the FFSS should detail all of these changes, From BoP Gross PP&E to EoP Gross PP&E and from Gross PP&E to Net.
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