← WESTERN DIGITAL CORP
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $242.0m |
$397.0m
+64.05%
|
$675.0m
+70.03%
|
($754.0m)
-211.70%
|
($250.0m)
+66.84%
|
$821.0m
+428.40%
|
$1.5b
+82.70%
|
($1.7b)
-213.73%
|
($798.0m)
+53.22%
|
$1.9b
+336.72%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | $242.0m |
$397.0m
+64.05%
|
$675.0m
+70.03%
|
($754.0m)
-211.70%
|
($250.0m)
+66.84%
|
$821.0m
+428.40%
|
$1.5b
+82.70%
|
($1.7b)
-215.33%
|
($852.0m)
+50.75%
|
$1.8b
+315.96%
|
— | |
| Depreciation and amortization | $1.2b | $2.1b | $2.1b | $1.8b | $1.6b | $1.2b | $929.0m | $828.0m | $568.0m | $451.0m | $375.0m | |
| Amortization of Debt Issuance Costs and Discounts | $36.0m | $285.0m | $221.0m | $38.0m | $40.0m | $40.0m | $44.0m | $13.0m | $19.0m | $23.0m | — | |
| Amortization of Intangible Assets | $266.0m | $1.2b | $1.2b | $968.0m | $769.0m | $486.0m | $221.0m | $133.0m | $3.0m | — | — | |
| Depreciation | $888.0m | $960.0m | $871.0m | $844.0m | $797.0m | $726.0m | $708.0m | $695.0m | $566.0m | $334.0m | $375.0m | |
| Deferred Income Tax Expense (Benefit) | ($149.0m) | $12.0m | ($348.0m) | $374.0m | ($82.0m) | ($242.0m) | $114.0m | ($34.0m) | ($161.0m) | ($815.0m) | $129.0m | |
| Share-based Payment Arrangement, Noncash Expense | $191.0m | $394.0m | $377.0m | $306.0m | $308.0m | $318.0m | $326.0m | $318.0m | $295.0m | $265.0m | $204.0m | |
| Share-based Payment Arrangement, Expense | $191.0m | $394.0m | $377.0m | $306.0m | $308.0m | $318.0m | $326.0m | $318.0m | $295.0m | $167.0m | $204.0m | |
| Gain (Loss) on Sale of Assets and Asset Impairment Charges | — | — | — | — | — | — | $7.0m | — | — | — | — | |
| Goodwill, Impairment Loss | — | — | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $35.0m | |
| Impairment of Intangible Assets, Finite-lived | $36.0m | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | — | — | |
| Restructuring Costs and Asset Impairment Charges | $345.0m | $232.0m | $215.0m | $166.0m | $32.0m | ($47.0m) | $43.0m | — | — | — | — | |
| Nonoperating Income (Expense) | ($313.0m) | ($1.2b) | ($1.5b) | ($374.0m) | ($381.0m) | ($293.0m) | ($268.0m) | ($275.0m) | ($344.0m) | ($1.2b) | — | |
| Other Nonoperating Income (Expense) | ($73.0m) | ($364.0m) | ($916.0m) | $38.0m | $4.0m | $26.0m | $30.0m | $13.0m | $34.0m | ($20.0m) | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | ($466.0m) | $487.0m | $244.0m | ($993.0m) | $1.2b | ($121.0m) | $546.0m | ($1.2b) | $568.0m | ($79.0m) | ($541.0m) | |
| Increase (Decrease) in Inventories | ($306.0m) | $204.0m | $598.0m | $339.0m | ($200.0m) | $546.0m | $22.0m | $60.0m | ($356.0m) | $409.0m | ($218.0m) | |
| Purchases of property and equipment, accrued but unpaid | $584.0m | $578.0m | $835.0m | $876.0m | $647.0m | $1.1b | $1.1b | $821.0m | $487.0m | $412.0m | ($418.0m) | |
| Net Cash Provided by (Used in) Operating Activities | $2.0b |
$3.4b
+73.32%
|
$4.2b
+22.35%
|
$1.5b
-63.21%
|
$824.0m
-46.74%
|
$1.9b
+130.34%
|
$1.9b
-0.95%
|
($408.0m)
-121.70%
|
($294.0m)
+27.94%
|
$1.7b
+675.17%
|
$3.9b
+132.35%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $584.0m | $578.0m | $835.0m | $876.0m | $647.0m | $1.1b | $1.1b | $821.0m | $487.0m | $412.0m | ($418.0m) | |
| Gain (Loss) on Disposition of Property Plant Equipment | ($22.0m) | ($18.0m) | ($21.0m) | ($39.0m) | $7.0m | $70.0m | $16.0m | $7.0m | $87.0m | $2.0m | ($5.6b) | |
| Payments to Acquire Investments | $632.0m | $281.0m | $89.0m | $79.0m | $0 | $0 | — | — | — | — | ($11.0m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | $9.8b | $0 | $100.0m | $0 | $22.0m | $0 | $0 | — | — | — | $0 | |
| Payments for (Proceeds from) Other Investing Activities | $76.0m | $32.0m | ($18.0m) | $20.0m | ($16.0m) | ($7.0m) | $26.0m | ($31.0m) | ($26.0m) | ($8.0m) | — | |
| Net Cash Provided by (Used in) Investing Activities | ($9.6b) | ($636.0m) | ($1.7b) | ($1.3b) | $278.0m | ($765.0m) | ($1.2b) | ($762.0m) | ($27.0m) | $150.0m | ($429.0m) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | — | — | ($899.0m) | — | — | — | — | $0 | $0 | ($100.0m) | — | |
| Repayments of Long-term Debt | $2.3b | $11.7b | $17.1b | $181.0m | $982.0m | $886.0m | $3.6b | — | — | — | ($1.2b) | |
| Proceeds from Issuance of Long-term Debt | — | — | — | $0 | $0 | $0 | $1.9b | $1.2b | $3.0b | $2.1b | $282.0m | |
| Payments for Repurchase of Common Stock | $60.0m | $0 | $591.0m | $563.0m | $0 | $0 | — | — | — | $149.0m | — | |
| Payments of Ordinary Dividends, Common Stock | $464.0m | $574.0m | $593.0m | $147.0m | $595.0m | $0 | $0 | — | — | $44.0m | ($184.0m) | |
| Proceeds from (Payments for) Other Financing Activities | $0 | $0 | $0 | $0 | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Financing Activities | $10.8b |
($4.6b)
-142.74%
|
($3.9b)
+15.13%
|
($1.8b)
+53.10%
|
($1.5b)
+17.55%
|
($817.0m)
+45.82%
|
($1.7b)
-110.28%
|
$875.0m
+150.93%
|
$187.0m
-78.63%
|
($1.6b)
-962.03%
|
($4.0b)
-150.12%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $1.0m | ($3.0m) | $1.0m | ($1.6b) | ($407.0m) | $322.0m | ($1.0b) | ($304.0m) | ($144.0m) | $235.0m | $1.6b | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $3.5b | $3.0b | $3.4b | $2.3b | $2.0b | $1.9b | $2.1b | $1.6b | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $1.0m | ($3.0m) | $1.0m | $4.0m | ($1.0m) | $6.0m | ($13.0m) | ($9.0m) | ($10.0m) | $6.0m | ($3.0m) | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $113.0m | $777.0m | $708.0m | $431.0m | $372.0m | $283.0m | $245.0m | $294.0m | $396.0m | $367.0m | — | |
| Income Taxes Paid, Net | $26.0m | $184.0m | $220.0m | $377.0m | $341.0m | $348.0m | $423.0m | $177.0m | $920.0m | $789.0m | — | |
| Noncash investing and financing activities: | ||||||||||||
| Additional Financial Items | ||||||||||||
| Equity Securities, FV-NI, Unrealized Gain (Loss) | — | — | — | — | — | — | — | — | — | ($772.0m) | — | |
| Gain (Loss) on Disposition of Assets | — | — | — | — | $17.0m | $75.0m | — | — | — | — | — | |
| Gain (Loss) on Disposition of Business | — | — | — | — | — | — | $9.0m | $0 | $0 | $113.0m | — | |
| Gain (Loss) Related to Litigation Settlement | — | — | — | — | — | — | — | — | — | $198.0m | — | |
| Goodwill | $10.0b | $10.0b | $10.1b | $10.1b | $10.1b | $10.1b | $10.0b | $10.0b | $10.0b | $4.3b | $35.0m | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | — | — | — | — | $1.6b | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | — | — | — | — | $246.0m | — | |
| Income Tax Expense (Benefit) | ($89.0m) | $372.0m | $1.4b | $467.0m | $204.0m | $106.0m | $623.0m | $146.0m | $137.0m | ($513.0m) | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $417.0m | $357.0m | — | |
| Investment Income, Interest | $26.0m | $26.0m | $60.0m | $57.0m | $28.0m | $7.0m | $6.0m | $24.0m | $39.0m | $45.0m | — | |
| Litigation Settlement Loss | — | — | — | — | — | — | — | — | $291.0m | — | — | |
| Operating Expenses | $3.0b | $4.1b | $4.1b | $3.7b | $3.4b | $3.3b | $3.5b | $3.2b | $3.3b | $1.4b | — | |
| Payments for Repurchase of Warrants | $613.0m | $0 | $0 | — | — | — | — | — | — | — | — | |
| Proceeds from Contributions from Parent | $0 | $0 | $0 | $0 | — | — | — | — | — | — | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.