Seagate technology plc (STX)
Income statement / Quarterly
Apr'20Jan'20Oct'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jul'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09
Revenue

2,718

2,696

2,578

2,371

2,313

2,715

2,991

2,835

2,803

2,914

2,632

2,406

2,674

2,894

2,797

2,654

2,595

2,986

2,925

2,928

3,330

3,696

3,785

3,301

3,406

3,528

3,489

3,425

3,526

3,668

3,732

4,483

4,450

3,195

2,811

2,860

2,695

2,719

2,697

2,656

3,049

3,027

2,663

Cost of revenue

1,972

1,938

1,907

1,747

1,712

1,921

2,078

1,931

1,956

2,037

1,896

1,740

1,858

2,003

1,996

1,993

2,071

2,245

2,236

2,152

2,375

2,669

2,734

2,376

2,447

2,541

2,514

2,486

2,578

2,676

2,671

2,999

2,809

2,185

2,262

2,309

2,179

2,190

2,147

1,929

2,148

2,104

2,010

Product development

246

250

255

241

238

246

266

259

254

250

263

288

324

305

315

307

298

304

328

324

346

341

342

323

297

312

294

294

294

277

268

269

270

259

208

229

224

213

209

218

224

227

208

Marketing and administrative

119

120

122

108

110

120

115

140

135

142

145

146

150

155

155

143

150

160

182

204

219

218

216

161

190

190

181

178

168

139

150

140

142

141

105

128

110

102

105

116

105

110

106

Amortization of intangibles

3

4

4

6

6

5

6

6

6

19

22

20

28

28

28

29

29

31

34

33

33

32

31

27

26

25

20

20

20

20

19

18

18

2

0

0

0

1

1

3

8

8

8

Restructuring and other, net

2

0

17

-63

11

7

23

-6

11

33

51

15

48

33

82

79

20

17

59

9

14

3

6

4

2

16

2

0

1

1

0

0

1

3

0

4

3

7

4

16

4

0

46

Gain on arbitration award, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-620

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment of long-lived assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

64

Total operating expenses

2,342

2,312

2,305

2,039

2,077

2,299

2,488

2,330

2,362

2,481

2,377

2,209

2,408

2,524

2,576

2,551

2,568

2,757

2,839

2,722

2,987

2,643

3,329

2,891

2,962

3,084

3,011

2,978

3,061

3,113

3,108

3,426

3,240

2,590

2,575

2,670

2,516

2,513

2,466

2,275

2,489

2,449

2,442

Income from operations

376

384

273

332

236

416

503

505

441

433

255

197

266

370

221

103

27

229

86

206

343

1,053

456

410

444

444

478

447

465

555

624

1,057

1,210

605

236

190

179

206

231

381

560

578

221

Interest income

4

4

11

17

21

22

24

15

10

6

7

5

5

1

1

0

1

1

1

3

1

1

1

1

1

1

5

2

2

2

2

3

2

2

1

1

2

2

2

2

2

1

1

Interest expense

49

48

55

55

55

56

58

54

60

61

61

62

60

50

50

51

47

48

47

55

48

50

54

50

52

49

44

51

53

55

55

55

59

58

69

63

59

46

46

47

41

41

45

Other Nonoperating Income (Expense)

7

-4

-31

-3

13

16

-1

0

2

-7

-13

-20

1

-11

1

2

28

-2

-9

-6

8

122

-11

-77

-3

46

1

-96

16

-3

29

8

6

9

-16

1

0

13

-34

4

1

-11

3

Other expense, net

-38

-48

-75

-41

-21

-18

-35

-39

-48

-62

-67

-77

-54

-60

-48

-49

-18

-49

-55

-58

-39

73

-64

-126

-54

-2

-38

-145

-35

-56

-24

-44

-51

-47

-84

-61

-57

-31

-78

-41

-38

-51

-41

Income before income taxes

338

336

198

291

215

398

468

466

393

371

188

120

212

310

173

54

9

180

31

148

304

1,126

392

284

390

442

440

302

430

499

600

1,013

1,159

558

152

129

122

175

153

340

522

527

180

Provision for income taxes

18

18

-2

-692

20

14

18

5

12

212

7

6

18

13

6

-16

30

15

-3

11

13

193

11

-36

-5

14

13

-46

14

7

18

0

13

-5

12

10

29

25

4

-39

4

-6

1

Less: Net income attributable to noncontrolling interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0

0

0

0

0

0

0

0

-

-

-

-

-

-

-

-

Net income

320

318

200

983

195

384

450

461

381

159

181

114

194

297

167

70

-21

165

34

137

291

933

381

320

395

428

427

348

416

492

582

1,013

1,146

563

140

119

93

150

149

-

518

533

-

Net income per share:
Basic (in dollars per share)

1.23

1.21

0.75

3.52

0.69

1.35

1.57

1.60

1.33

0.55

0.62

0.39

0.66

1.00

0.56

0.24

-0.07

0.55

0.11

0.47

0.90

2.84

1.17

0.98

1.21

1.27

1.20

1.00

1.16

1.33

1.48

2.50

2.57

1.32

0.33

0.28

0.21

0.32

0.32

0.80

1.05

1.07

0.36

Diluted (in dollars per share)

1.22

1.20

0.74

3.49

0.69

1.34

1.54

1.57

1.31

0.55

0.62

0.38

0.65

1.00

0.55

0.23

-0.07

0.55

0.11

0.47

0.88

2.78

1.13

0.95

1.17

1.24

1.16

0.96

1.13

1.30

1.42

2.41

2.48

1.28

0.32

0.26

0.21

0.31

0.31

0.76

1.00

1.03

0.35

Number of shares used in per share calculations:
Basic (in shares)

261

262

266

275

281

285

287

288

286

288

290

293

296

296

299

297

298

299

302

318

323

328

327

328

327

336

357

359

358

369

394

410

446

427

421

427

437

469

471

479

493

498

494

Diluted (in shares)

263

265

270

277

284

287

292

294

291

291

292

297

300

298

301

301

298

301

308

321

330

336

337

336

338

346

368

371

369

379

409

429

463

439

433

442

453

486

487

504

520

520

512

Cash dividends declared per ordinary share (in dollars per share)

0.65

0.65

0.63

0.63

0.63

0.63

0.63

0.63

0.63

0.63

0.63

0.63

0.63

0.63

0.63

0.63

0.63

0.63

0.54

0.54

0.54

0.54

0.43

0.43

0.43

0.43

0.38

0.38

0.00

0.70

0.32

0.25

0.25

0.18

0.18

-

-

-

-

-

-

-

-