← 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
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 $675.0m ($754.0m) ($250.0m) $821.0m $1.5b ($1.7b) ($798.0m) $1.9b
Net Income (Loss) Available to Common Stockholders, Basic $242.0m $397.0m $675.0m ($754.0m) ($250.0m) $821.0m $1.5b ($1.7b) ($852.0m) $1.8b
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
Depreciation and amortization $1.2b $2.1b $2.1b $1.8b $1.6b $1.2b $929.0m $828.0m $568.0m $451.0m
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
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)
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
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
Gain (Loss) on Sale of Assets and Asset Impairment Charges — — — — — — $7.0m — — —
Goodwill, Impairment Loss — — — $0 $0 $0 $0 $0 $0 $0
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 — — —
Gain (Loss) on Extinguishment of Debt — — ($899.0m) — — — — $0 $0 ($100.0m)
Gain (Loss) on Disposition of Assets — — — — $17.0m $75.0m — — — —
Gain (Loss) on Disposition of Business — — — — — — $9.0m $0 $0 $113.0m
Gain (Loss) 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
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
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:
Noncash investing and financing activities:
Additional Financial Items
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)
Increase (Decrease) in Inventories ($306.0m) $204.0m $598.0m $339.0m ($200.0m) $546.0m $22.0m $60.0m ($356.0m) $409.0m
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
Equity Securities, FV-NI, Unrealized Gain (Loss) — — — — — — — — — ($772.0m)
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
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 —
Nonoperating Income (Expense) ($313.0m) ($1.2b) ($1.5b) ($374.0m) ($381.0m) ($293.0m) ($268.0m) ($275.0m) ($344.0m) ($1.2b)
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 — — — — — —
Net Cash Provided by (Used in) Operating Activities $2.0b $3.4b $4.2b $1.5b $824.0m $1.9b $1.9b ($408.0m) ($294.0m) $1.7b
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
Payments to Acquire Businesses, Net of Cash Acquired $9.8b $0 $100.0m $0 $22.0m $0 $0 — — —
Payments to Acquire Investments $632.0m $281.0m $89.0m $79.0m $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
Cash flows from financing activities:
Proceeds from Issuance of Long-term Debt — — — $0 $0 $0 $1.9b $1.2b $3.0b $2.1b
Repayments of Long-term Debt $2.3b $11.7b $17.1b $181.0m $982.0m $886.0m $3.6b — — —
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
Proceeds from (Payments for) Other Financing Activities $0 $0 $0 $0 — — — — — —
Net Cash Provided by (Used in) Financing Activities $10.8b ($4.6b) ($3.9b) ($1.8b) ($1.5b) ($817.0m) ($1.7b) $875.0m $187.0m ($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
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
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — — $3.5b $3.0b $3.4b $2.3b $2.0b $1.9b $2.1b
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

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.