Western Digital Corporation (WDC) financial statements (2021 and earlier)

Company profile

Business Address 5601 GREAT OAKS PARKWAY
SAN JOSE, CA 95119
State of Incorp. DE
Fiscal Year End June 30
SIC 3572 - Computer Storage Devices (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
Q2
9/30/2020
Q1
6/30/2020
Q4
3/31/2020
Q3
12/31/2019
Q2
9/30/2019
Q1
6/30/2019
Q4
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments2,9562,9953,0482,9433,1373,2483,455
Cash and cash equivalents2,9562,9953,0482,9433,1373,2483,455
Receivables1,8332,0972,3791,9781,7911,4481,204
Inventory, net of allowances, customer advances and progress billings3,5763,3553,0703,0913,1223,2873,283
Inventory3,5763,3553,0703,0913,1223,2873,283
Other current assets744558551541577517535
Total current assets:9,1099,0059,0488,5538,6278,5008,477
Noncurrent Assets
Operating lease, right-of-use asset239228230233242243 
Property, plant and equipment2,9182,8972,8542,7352,7222,7962,843
Intangible assets, net (including goodwill)10,66710,82711,00811,19211,38011,60411,787
Goodwill10,07110,06910,06710,06610,06910,09010,076
Intangible assets, net (excluding goodwill)5967589411,1261,3111,5141,711
Other noncurrent assets1,000927877872810751472
Other undisclosed noncurrent assets1,6191,5181,6451,9242,0792,3862,791
Total noncurrent assets:16,44316,39716,61416,95617,23317,78017,893
TOTAL ASSETS:25,55225,40225,66225,50925,86026,28026,370
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities3,8823,7393,7133,7883,8323,5303,210
Accounts payable1,9391,9491,9451,7861,7361,7241,567
Accrued liabilities1,4201,2931,2961,5691,5591,3741,296
Employee-related liabilities523497472433537432347
Debt251286286286286251276
Due to related parties393404407397364507331
Total current liabilities:4,5264,4294,4064,4714,4824,2883,817
Noncurrent Liabilities
Long-term debt and lease obligation8,8829,0869,2899,3439,5479,96110,246
Long-term debt, excluding current maturities8,8829,0869,2899,3439,5479,96110,246
Liabilities, other than long-term debt2,3152,3112,4162,4522,4522,4652,340
Other liabilities2,3152,3112,4162,4522,4522,4652,340
Total noncurrent liabilities:11,19711,39711,70511,79511,99912,42612,586
Total liabilities:15,72315,82616,11116,26616,48116,71416,403
Stockholders' equity
Stockholders' equity attributable to parent, including:9,8299,5769,5519,2439,3799,5669,967
Treasury stock, value(390)(521)(737)(898)(962)(1,087)(1,268)
Additional paid in capital3,5463,5373,7173,7433,7313,7283,851
Accumulated other comprehensive loss(50)(101)(157)(183)(110)(90)(68)
Retained earnings6,7206,6586,7256,5786,7177,0127,449
Other undisclosed stockholders' equity attributable to parent3333333
Total stockholders' equity:9,8299,5769,5519,2439,3799,5669,967
TOTAL LIABILITIES AND EQUITY:25,55225,40225,66225,50925,86026,28026,370

Income statement (P&L) ($ in millions)

12/31/2020
Q2
9/30/2020
Q1
6/30/2020
Q4
3/31/2020
Q3
12/31/2019
Q2
9/30/2019
Q1
6/30/2019
Q4
Revenues3,9433,9224,2874,1754,2344,0403,634
Cost of revenue
(Cost of Goods and Services Sold)
(2,983)(3,018)(3,204)(3,170)(3,299)(3,282)(3,169)
Gross profit:9609041,0831,005935758465
Operating expenses(802)(834)(822)(852)(885)(887)(846)
Operating income (loss):1587026115350(129)(381)
Nonoperating expense(73)(73)(76)(107)(90)(108)(93)
Investment income, nonoperating222681214
Interest and debt expense(81)(84)(87)(99)(105)(122)(117)
Other undisclosed income from continuing operations before equity method investments, income taxes81848799105122117
Income (loss) from continuing operations before income taxes:85(3)18546(40)(237)(474)
Income tax expense (benefit)(23)(57)(37)(29)(99)(39)277
Net income (loss) available to common stockholders, diluted:62(60)14817(139)(276)(197)

Comprehensive Income ($ in millions)

12/31/2020
Q2
9/30/2020
Q1
6/30/2020
Q4
3/31/2020
Q3
12/31/2019
Q2
9/30/2019
Q1
6/30/2019
Q4
Net income (loss):62(60)14817(139)(276)(197)
Other comprehensive income (loss)353326(73)(20)(22)(13)
Comprehensive income (loss):97(27)174(56)(159)(298)(210)
Other undisclosed comprehensive income, net of tax, attributable to parent1623     
Comprehensive income (loss), net of tax, attributable to parent:113(4)174(56)(159)(298)(210)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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