Follies is a musical with music and lyrics by Stephen Sondheim and a book by James Goldman. The show is nostalgic in tone and has a generally melancholy atmosphere. Several of its songs have become standards, including "Broadway Baby," "I'm Still Here," "Too Many Mornings," "Could I Leave You?" and "Losing My Mind." The play was nominated for eleven Tonys and won seven.

The Broadway production opened on April 4, 1971, directed by Harold Prince and Michael Bennett, and with choreography by Bennett. The production, which ultimately lost money, ran for 522 performances. Nevertheless, the piece has enjoyed a number of major revivals. In December 2007, Sondheim told The New York Times that a film adaptation of Follies was in development, with the director Sam Mendes and the writer Aaron Sorkin.