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
TTM
6/30/2020
6/30/2019
6/30/2018
6/30/2017
6/30/2016
6/30/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments2,9563,0483,4555,0056,3788,3785,286
Cash and cash equivalents2,9563,0483,4555,0056,3548,1515,024
Short-term investments    24227262
Receivables1,8332,3791,2042,1971,9481,4611,532
Inventory, net of allowances, customer advances and progress billings3,5763,0703,2832,9442,3412,1291,368
Inventory3,5763,0703,2832,9442,3412,1291,368
Other current assets744551535492389616331
Total current assets:9,1099,0488,47710,63811,05612,5848,517
Noncurrent Assets
Operating lease, right-of-use asset239230
Property, plant and equipment2,9182,8542,8433,0953,0333,5032,965
Long-term investments and receivables   132185  
Long-term investments   132185  
Intangible assets, net (including goodwill)10,66711,00811,78712,75513,83714,9853,098
Goodwill10,07110,06710,07610,07510,0149,9512,766
Intangible assets, net (excluding goodwill)5969411,7112,6803,8235,034332
Other noncurrent assets1,000877472642594619601
Other undisclosed noncurrent assets1,6191,6452,7911,9731,1551,171 
Total noncurrent assets:16,44316,61417,89318,59718,80420,2786,664
TOTAL ASSETS:25,55225,66226,37029,23529,86032,86215,181
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities3,8823,7133,2104,0183,7193,2752,681
Accounts payable1,9391,9451,5672,2652,1441,8881,881
Accrued liabilities1,4201,2961,2961,2741,069995470
Employee-related liabilities523472347479506392330
Debt2512862761792333,334411
Due to related parties393407331259206168 
Deferred tax liabilities    1
Other undisclosed current liabilities    186172149
Total current liabilities:4,5264,4063,8174,4564,3446,9493,242
Noncurrent Liabilities
Long-term debt and lease obligation8,8829,28910,24610,99312,91813,6602,156
Long-term debt, excluding current maturities8,8829,28910,24610,99312,91813,6602,156
Liabilities, other than long-term debt2,3152,4162,3402,2551,1801,108770
Accounts payable and accrued liabilities      71
Deferred tax liabilities, net    135
Other liabilities2,3152,4162,3402,2551,1801,108564
Other undisclosed noncurrent liabilities      (206)
Total noncurrent liabilities:11,19711,70512,58613,24814,09814,7682,720
Total liabilities:15,72316,11116,40317,70418,44221,7175,962
Stockholders' equity
Stockholders' equity attributable to parent, including:9,8299,5519,96711,53111,41811,1459,219
Treasury stock, value(390)(737)(1,268)(1,444)(1,666)(2,238)(2,299)
Additional paid in capital3,5463,7173,8514,2544,5064,4292,428
Accumulated other comprehensive income (loss)(50)(157)(68)(39)(58)103(20)
Retained earnings6,7206,7257,4498,7578,6338,8489,107
Other undisclosed stockholders' equity attributable to parent3333333
Total stockholders' equity:9,8299,5519,96711,53111,41811,1459,219
TOTAL LIABILITIES AND EQUITY:25,55225,66226,37029,23529,86032,86215,181

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

12/31/2020
TTM
6/30/2020
6/30/2019
6/30/2018
6/30/2017
6/30/2016
6/30/2015
Revenues16,32716,73616,56920,64719,09312,99414,572
Revenue, net20,64719,09312,99414,572
Cost of revenue
(Cost of Goods and Services Sold)
(12,375)(12,955)(12,817)(12,942)(13,021)(9,559)(10,351)
Gross profit:3,9523,7813,7527,7056,0723,4354,221
Operating expenses(3,310)(3,446)(3,665)(4,088)(4,118)(2,969)(2,610)
Operating income:642335873,6171,9544661,611
Nonoperating expense(329)(381)(374)(1,532)(1,185)(313)(34)
Investment income, nonoperating12285760262615
Other nonoperating income (expense)10438(916)(364)(73) 
Interest and debt expense(351)(413)(469)(899)(847)(266) 
Other undisclosed income from continuing operations before equity method investments, income taxes351413469899847266 
Income (loss) from continuing operations before income taxes:313(46)(287)2,0857691531,577
Income tax expense (benefit)(146)(204)(467)(1,410)(372)89(112)
Net income (loss) available to common stockholders, diluted:167(250)(754)6753972421,465

Comprehensive Income ($ in millions)

12/31/2020
TTM
6/30/2020
6/30/2019
6/30/2018
6/30/2017
6/30/2016
6/30/2015
Net income (loss):167(250)(754)6753972421,465
Other comprehensive income (loss)21(89)(29)19(161)123(32)
Comprehensive income (loss):188(339)(783)6942363651,433
Other undisclosed comprehensive income, net of tax, attributable to parent39      
Comprehensive income (loss), net of tax, attributable to parent:227(339)(783)6942363651,433

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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