← Seagate Technology Holdings plc

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income From Continuing Operations — — — — — — $1.6b ($529.0m) $335.0m $1.5b
Net Income (Loss) Attributable to Parent $248.0m $772.0m $1.2b $2.0b $1.0b $1.3b $1.6b ($529.0m) $335.0m $1.5b
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $248.0m — — — — — — — — —
Net Income (Loss) Attributable to Noncontrolling Interest $0 — — — — — — — — —
Depreciation, Depletion and Amortization $815.0m $749.0m $598.0m $541.0m $379.0m $397.0m $451.0m $513.0m $264.0m $251.0m
Amortization of Intangible Assets $174.0m $168.0m $111.0m $77.0m $53.0m $29.0m $20.0m $9.0m $0 —
Depreciation $641.0m $581.0m $487.0m $464.0m $325.0m $368.0m $431.0m $504.0m $264.0m $251.0m
Depreciation Amortization Depletion — — — — — — $451.0m $513.0m $264.0m $251.0m
Deferred Income Tax Expense (Benefit) ($2.0m) $3.0m $193.0m ($690.0m) ($6.0m) ($4.0m) ($9.0m) $10.0m $78.0m —
Deferred income taxes ($2.0m) $3.0m $193.0m ($690.0m) ($6.0m) ($4.0m) ($9.0m) $10.0m $78.0m ($8.0m)
Deferred Income Tax — — — — — — ($9.0m) $10.0m $78.0m ($8.0m)
Deferred Tax — — — — — — ($9.0m) $10.0m $78.0m ($8.0m)
Share-based Payment Arrangement, Noncash Expense $120.0m $137.0m $112.0m $99.0m $109.0m $112.0m $145.0m $115.0m $127.0m —
Payment, Tax Withholding, Share-based Payment Arrangement $56.0m $27.0m $23.0m $31.0m $40.0m $33.0m $51.0m $44.0m $38.0m —
Gain (Loss) on Sale of Assets and Asset Impairment Charges — — — — — — — $167.0m $31.0m —
Restructuring Costs and Asset Impairment Charges — — — ($22.0m) $82.0m $8.0m $3.0m $102.0m — —
Share-based compensation $120.0m $137.0m $112.0m $99.0m $109.0m $112.0m $145.0m $115.0m $127.0m $200.0m
Gain (Loss) on Extinguishment of Debt $3.0m ($7.0m) $3.0m $0 $58.0m $1.0m $0 $190.0m ($29.0m) $7.0m
Gain (Loss) on Disposition of Property Plant Equipment $0 $0 ($366.0m) ($602.0m) ($585.0m) ($498.0m) ($381.0m) ($316.0m) ($254.0m) ($265.0m)
Income (Loss) from Equity Method Investments — — — — — $48.0m $8.0m ($4.0m) ($29.0m) —
Income Tax Expense (Benefit) $26.0m $43.0m $236.0m ($640.0m) $28.0m $34.0m $30.0m $33.0m $110.0m $44.0m
Other Nonoperating Income (Expense) $19.0m ($29.0m) ($18.0m) $25.0m ($87.0m) $74.0m ($29.0m) ($41.0m) ($78.0m) ($82.0m)
Net gain from business divestiture — — — — — — $0 $0 $313.0m $8.0m
Accrued expenses, income taxes and warranty ($42.0m) $47.0m ($46.0m) ($81.0m) ($39.0m) ($38.0m) ($26.0m) $101.0m ($138.0m) ($95.0m)
Changes in operating assets and liabilities:
Noncash investing and financing activities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable ($464.0m) ($122.0m) ($16.0m) ($204.0m) $127.0m $42.0m $374.0m ($911.0m) ($192.0m) —
Increase (Decrease) in Inventories ($145.0m) $114.0m $71.0m ($80.0m) $166.0m $64.0m $361.0m ($425.0m) $99.0m —
Increase (Decrease) in Accounts Payable ($24.0m) $121.0m $65.0m ($268.0m) $394.0m ($14.0m) $228.0m ($421.0m) $227.0m —
Purchases of property and equipment, accrued but unpaid $587.0m $434.0m $366.0m $602.0m $585.0m $498.0m $381.0m $316.0m $254.0m —
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal — — — — — — — — $313.0m —
Gain (Loss) on Sale of Properties — — $25.0m $78.0m — ($3.0m) — — — —
Gain (Loss) on Termination of Lease — — — — — ($2.0m) — — — —
Goodwill $1.2b $1.2b $1.2b $1.2b $1.2b $1.2b $1.2b $1.2b $1.2b $1.2b
Investment Income, Interest $3.0m $12.0m $38.0m $84.0m $20.0m $2.0m $2.0m $10.0m $15.0m $25.0m
Nonoperating Income (Expense) ($171.0m) ($239.0m) ($216.0m) ($115.0m) ($268.0m) ($144.0m) ($276.0m) ($154.0m) ($7.0m) ($377.0m)
Net loss (gain) from debt transactions — — $3.0m $0 $58.0m $1.0m $0 ($204.0m) $7.0m $7.0m
Accounts receivable, net $464.0m $122.0m $16.0m $204.0m ($127.0m) ($42.0m) ($374.0m) $911.0m $192.0m ($513.0m)
Inventories, net $145.0m ($114.0m) ($71.0m) $80.0m ($166.0m) ($64.0m) ($361.0m) $425.0m ($99.0m) ($201.0m)
Accounts payable ($24.0m) $121.0m $65.0m ($268.0m) $394.0m ($14.0m) $228.0m ($421.0m) $227.0m ($242.0m)
Accrued employee compensation ($78.0m) $53.0m $16.0m ($84.0m) $55.0m $58.0m ($30.0m) ($152.0m) $6.0m $207.0m
BIS settlement penalty — — — — — — $0 $0 ($45.0m) ($60.0m)
Other assets and liabilities ($1.0m) ($43.0m) ($12.0m) $42.0m $1.0m ($44.0m) ($80.0m) $298.0m $243.0m ($61.0m)
Proceeds from the sale of assets — $0 $71.0m $144.0m $1.0m $4.0m $0 $534.0m $40.0m $1.0m
Repurchases of ordinary shares ($1.1b) ($460.0m) ($361.0m) ($963.0m) ($850.0m) ($2.0b) ($1.8b) ($408.0m) $0 $0
Proceeds from issuance of ordinary shares under employee stock plans $79.0m $86.0m $113.0m $69.0m $103.0m $108.0m $68.0m $68.0m $66.0m $72.0m
Beginning Cash Position — — — — — — $1.2b $617.0m $788.0m $1.4b
Cash Flow From Continuing Financing Activities — — — — — — ($1.9b) ($988.0m) ($473.0m) ($1.3b)
Cash Flow From Continuing Investing Activities — — — — — — ($352.0m) $217.0m $126.0m ($276.0m)
Change In Account Payable — — — — — — $228.0m ($421.0m) $227.0m ($242.0m)
Change In Accrued Expense — — — — — — ($56.0m) ($51.0m) ($132.0m) $112.0m
Change In Inventory — — — — — — ($361.0m) $425.0m ($99.0m) ($201.0m)
Change In Other Working Capital — — — — — — ($80.0m) $298.0m $243.0m ($61.0m)
Change In Payable — — — — — — $228.0m ($421.0m) $227.0m ($242.0m)
Change In Payables And Accrued Expense — — — — — — $172.0m ($472.0m) $95.0m ($130.0m)
Change In Receivables — — — — — — ($374.0m) $911.0m $192.0m ($513.0m)
Change In Working Capital — — — — — — ($643.0m) $1.2b $431.0m ($905.0m)
Changes In Account Receivables — — — — — — ($374.0m) $911.0m $192.0m ($513.0m)
Changes In Cash — — — — — — ($594.0m) $171.0m $571.0m ($467.0m)
End Cash Position — — — — — — $617.0m $788.0m $1.4b $893.0m
Financing Cash Flow — — — — — — ($1.9b) ($988.0m) ($473.0m) ($1.3b)
Free Cash Flow — — — — — — $1.3b $626.0m $664.0m $818.0m
Gain Loss On Sale Of Business — — — — — — $0 $0 ($313.0m) ($8.0m)
Investing Cash Flow — — — — — — ($352.0m) $217.0m $126.0m ($276.0m)
Net Business Purchase And Sale — — — — — — $0 $0 $326.0m ($63.0m)
Net PPE Purchase And Sale — — — — — — ($381.0m) ($316.0m) ($254.0m) ($265.0m)
Operating Gains Losses — — — — — — — ($204.0m) ($313.0m) ($8.0m)
Other Non Cash Items — — — — — — $64.0m ($329.0m) ($4.0m) $84.0m
Proceeds From Stock Option Exercised — — — — — — $68.0m $68.0m $66.0m $72.0m
Purchase Of Business — — — — — — — $0 $0 ($88.0m)
Purchase Of PPE — — — — — — ($381.0m) ($316.0m) ($254.0m) ($265.0m)
Repurchase Of Capital Stock — — — — — — ($1.8b) ($408.0m) $0 $0
Sale Of Business — — — — — — $0 $0 $326.0m $25.0m
Stock Based Compensation — — — — — — $145.0m $115.0m $127.0m $200.0m
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax ($2.0m) — $0 $0 ($3.0m) $9.0m — — — —
Net Cash Provided by (Used in) Operating Activities $1.7b $1.9b $2.1b $1.8b $1.7b $1.6b $1.7b $942.0m $918.0m $1.1b
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $587.0m $434.0m $366.0m $602.0m $585.0m $498.0m $381.0m $316.0m $254.0m ($265.0m)
Payments to Acquire Businesses, Net of Cash Acquired $634.0m $0 $0 — — — — $0 $0 $88.0m
Cash used in acquisition of businesses, net of cash acquired ($634.0m) $0 $0 — — — — $0 $0 ($88.0m)
Payments to Acquire Investments — — $1.3b $0 $0 — — — — —
Purchases of investments $0 ($37.0m) $0 ($18.0m) ($58.0m) ($4.0m) ($18.0m) ($1.0m) $0 $0
Net Investment Purchase And Sale — — — — — — $29.0m ($1.0m) $14.0m $51.0m
Purchase Of Investment — — — — — — ($18.0m) ($1.0m) $0 $0
Proceeds from sale of investments $1.0m $0 $0 $10.0m $7.0m $29.0m $47.0m $0 $14.0m $51.0m
Sale Of Investment — — — — — — $47.0m $0 $14.0m $51.0m
Proceeds from business divestiture — — — — — — $0 $0 $326.0m $25.0m
Payments for (Proceeds from) Other Investing Activities ($9.0m) ($6.0m) $14.0m $0 $0 ($3.0m) — — — —
Net Other Investing Changes — — — — — — — $534.0m $40.0m $1.0m
Net cash (used in) provided by investing activities ($1.2b) ($459.0m) ($1.6b) $846.0m ($635.0m) ($466.0m) ($352.0m) $217.0m $126.0m ($276.0m)
Net Cash Provided by (Used in) Investing Activities ($1.2b) ($459.0m) ($1.6b) $846.0m ($635.0m) ($466.0m) ($352.0m) $217.0m $126.0m ($276.0m)
Cash flows from financing activities:
Proceeds from Issuance of Long-term Debt $0 $1.2b $0 $245.0m $994.0m $1.0b $1.2b $1.6b $1.5b $400.0m
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale $0 $6.0m $0 — — — — — — —
Issuance Of Debt — — — — — — $1.2b $1.6b $1.5b $400.0m
Long Term Debt Issuance — — — — — — $1.2b $1.6b $1.5b $400.0m
Net Issuance Payments Of Debt — — — — — — $499.0m $22.0m $212.0m ($678.0m)
Net Long Term Debt Issuance — — — — — — $499.0m $22.0m $212.0m ($678.0m)
Repayments of Long-term Debt — — — $819.0m $1.1b $33.0m $701.0m $1.6b $1.3b —
Redemption and repurchase of debt ($22.0m) ($316.0m) ($214.0m) ($819.0m) ($1.1b) ($33.0m) ($701.0m) ($1.6b) ($1.3b) ($1.1b)
Long Term Debt Payments — — — — — — ($701.0m) ($1.6b) ($1.3b) ($1.1b)
Repayment Of Debt — — — — — — ($701.0m) ($1.6b) ($1.3b) ($1.1b)
Net Common Stock Issuance — — — — — — ($1.8b) ($408.0m) $0 $0
Payments for Repurchase of Common Stock $1.1b $460.0m $361.0m $963.0m $850.0m $2.0b $1.8b $408.0m $0 —
Payments of Ordinary Dividends, Common Stock $727 $561 $726 $713 $673 $649 $610 $582 $585 —
Common Stock Payments — — — — — — ($1.8b) ($408.0m) $0 $0
Dividends Payable, Current — — $181 $170 $167 $153 $147 $145 $147 $153
Dividends Payable — $184 — — — — — — — —
Dividends to shareholders ($727) ($561) ($726) ($713) ($673) ($649) ($610) ($582) ($585) ($600)
Cash Dividends Paid — — — — — — ($610.0m) ($582.0m) ($585.0m) ($600.0m)
Common Stock Dividend Paid — — — — — — ($610.0m) ($582.0m) ($585.0m) ($600.0m)
Proceeds from (Payments for) Other Financing Activities ($4.0m) $0 $0 — ($2.0m) ($19.0m) ($6.0m) ($44.0m) ($128.0m) —
Other financing activities, net ($4.0m) $0 $0 $0 ($2.0m) ($19.0m) ($6.0m) ($44.0m) ($128.0m) ($14.0m)
Net Other Financing Charges — — — — — — ($57.0m) ($88.0m) ($166.0m) ($68.0m)
Net Cash Provided by (Used in) Financing Activities ($1.8b) ($46.0m) ($1.2b) ($2.2b) ($1.6b) ($1.7b) ($1.9b) ($988.0m) ($473.0m) ($1.3b)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents ($3.0m) $0 $0 ($1.0m) ($1.0m) $0 $0 $0 $1.0m $0
Effect of foreign currency exchange rate changes on cash, cash equivalents and restricted cash ($3.0m) $0 $0 ($1.0m) ($1.0m) $0 $0 $0 $1.0m $0
Effect Of Exchange Rate Changes — — — — — — $0 $0 $1.0m $0
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect ($3.0m) $0 ($686.0m) $394.0m ($527.0m) ($513.0m) ($594.0m) $171.0m $572.0m $0
(Decrease) increase in cash, cash equivalents and restricted cash ($1.4b) $1.4b ($686.0m) $394.0m ($527.0m) ($513.0m) ($594.0m) $171.0m $572.0m ($467.0m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents ($3.0m) $0 $1.9b $2.3b $1.7b $1.2b $617.0m $788.0m $1.4b $0
Cash, cash equivalents and restricted cash at the beginning of the year $2.5b $1.1b $1.9b $2.3b $1.7b $1.2b $617.0m $788.0m $1.4b $893.0m
Supplemental disclosure of cash flow information:
Change In Cash Supplemental As Reported — — — — — — ($594.0m) $171.0m $572.0m ($467.0m)
Interest Paid, Excluding Capitalized Interest, Operating Activities $200.0m $172.0m $237.0m $223.0m $226.0m $184.0m $244.0m $327.0m $303.0m $324.0m
Income Taxes Paid, Net $40.0m $33.0m $43.0m $39.0m ($51.0m) $44.0m $33.0m $32.0m $30.0m $42.0m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.