WESTERN DIGITAL CORPORATION WDC Cash Flow

Western digital corporation (WDC)

CashFlow / TTM

Apr'20	Jan'20	Oct'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jul'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09	Dec'08	Sep'08
Cash flows from operating activities
Net income (loss)
-595	-1,193	-1,541	-754	199	841	505	675	199	386	1,444	397	-249	-423	-407	242	828	1,138	1,325	1,465	1,562	1,553	1,545	1,617	1,035	1,051	956	980	1,990	2,082	1,892	1,612	1,025	688	768	726	832	1,087	1,291	1,382	1,314	962	547	470	0	0	0
Adjustments to reconcile net loss to net cash provided by operations:
Depreciation and amortization
1,605	1,665	1,738	1,812	1,885	1,940	2,003	2,056	2,113	2,174	2,153	2,128	2,002	1,688	1,426	1,154	984	1,023	1,061	1,114	1,172	1,194	1,221	1,244	1,238	1,240	1,232	1,233	1,270	1,149	980	825	636	599	610	602	586	564	539	510	497	487	483	479	0	0	0
Stock-based compensation
296	302	304	306	320	339	359	377	390	389	392	394	373	313	248	191	166	161	165	162	148	152	153	156	155	150	140	137	138	122	114	92	76	73	67	69	71	70	66	60	57	53	50	47	0	0	0
Deferred income taxes
68	51	146	374	241	62	-183	-348	-385	-234	-99	12	-71	-47	5	-149	2	12	11	28	62	57	7	-13	-90	-72	37	35	51	84	13	34	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Gain from insurance recovery
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-65	-65	-65	-65	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss (gain) on disposal of assets
-26	-26	-39	-39	-9	-10	-22	-21	-22	-20	-15	-18	-21	-26	-26	-22	-16	-11	-13	-17	-87	-81	-44	-40	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of debt discounts
40	39	39	38	41	217	220	221	218	50	48	285	311	295	285	39	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on convertible debt and related instruments
-	-	-	-	-	-	-	-	-	-	-	5	64	63	63	58	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash portion of employee termination, asset impairment and other charges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	41	110	85	103	86	48	72	56	62	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-10	0	0	0
Other non-cash operating activities, net
-35	-65	-49	-8	15	2	-10	-19	21	68	104	94	69	53	12	11	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Changes in:
Accounts receivable, net
756	76	-772	-993	-789	-337	118	244	56	46	73	487	301	-44	12	-466	-442	-231	-300	-458	-107	-79	126	175	69	194	-196	-584	-705	-336	-725	-162	-86	-502	32	-50	-87	-116	193	330	49	263	185	-92	0	0	0
Inventories
-336	-299	169	339	770	1,146	817	598	411	191	188	204	-51	-231	-229	-306	-91	-40	-8	143	45	-10	25	0	42	51	-95	-22	-84	16	-62	-88	-14	-102	84	17	31	79	130	148	-36	-21	-48	-88	0	0	0
Accounts payable
92	-162	-356	-588	-523	5	54	-15	-137	-233	-22	223	321	-61	-129	-299	-457	-300	-268	-148	89	-24	-5	-32	-190	-73	-422	-511	-529	455	-92	132	334	-654	173	178	-79	-1	174	270	486	458	149	-33	0	0	0
Accounts payable to related parties
85	54	221	72	30	60	60	53	89	76	37	38	-90	-109	-94	-115	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued arbitration award
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-758	-745	-732	53	52	720	707	694	681	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued expenses
-84	31	24	-42	445	142	-147	-17	-18	267	267	231	125	126	212	102	89	0	37	35	46	50	12	-56	-21	27	-102	-122	-403	-493	-365	-310	0	12	36	1	22	-3	38	67	35	69	-7	23	0	0	0
Accrued compensation
30	190	-80	-135	-106	-177	32	-26	27	-62	-83	115	64	115	60	-94	-139	-140	-106	-134	-12	-5	50	7	30	64	53	77	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other assets and liabilities, net
287	278	-7	221	334	304	-1,061	-1,333	-1,474	-1,588	-122	-175	-145	10	69	-8	19	-52	-119	-97	-45	-79	31	30	-21	9	-23	16	4	-42	-1	-70	33	48	20	44	-50	-59	-86	-104	-111	-56	1	-28	0	0	0
Net cash provided by operating activities
821	883	1,095	1,547	2,241	3,064	3,777	4,205	4,281	4,252	4,130	3,437	2,853	2,340	1,878	1,983	2,116	2,315	1,960	2,242	2,466	2,480	2,963	2,816	2,788	2,817	2,863	3,119	3,564	4,045	3,651	3,067	2,385	1,490	1,617	1,655	1,571	1,846	1,898	1,942	1,928	1,695	1,438	1,305	0	0	0
Cash flows from investing activities
Purchases of property, plant and equipment
586	681	744	876	914	919	952	835	768	664	554	578	604	614	617	584	589	606	603	612	617	628	652	628	603	630	706	952	1,140	1,092	965	717	546	581	712	778	810	812	761	737	0	0	0	-	-	-	-
Proceeds from the sale of property, plant and equipment
-	-	-	-	-	-	-	26	24	30	25	21	21	1	1	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisitions, net of cash acquired
22	22	22	0	1	1	7	100	99	99	93	0	0	0	0	-	-	-	-	-	-	-	-	823	823	797	255	1	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of investments
10	46	68	79	92	65	62	89	73	99	235	281	444	463	480	632	632	670	973	857	778	1,156	681	561	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of investments
126	162	169	175	58	32	40	48	58	68	69	94	675	993	1,205	1,204	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from maturities of investments
0	0	4	7	10	10	20	19	3	154	365	417	532	684	373	405	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investments in Flash Ventures
-	-	-	-	-	-	-	-	-	-	-	20	20	20	20	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sales and maturities of investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	737	702	238	72	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Notes receivable issuances to Flash Ventures
859	1,080	1,420	1,364	1,156	1,200	1,199	1,313	1,084	861	651	549	586	415	233	106	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Notes receivable proceeds from Flash Ventures
1,176	1,144	979	766	833	771	617	571	324	145	270	292	292	275	136	16	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Strategic investments and other, net
-21	-20	-4	20	34	20	14	-18	-19	1	8	32	74	76	67	76	24	23	-7	-5	-6	-16	47	-4	-21	-19	-39	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of property and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Sales and maturities of investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2	0	0	0
Net cash provided by (used in) investing activities
-38	-387	-979	-1,272	-1,291	-1,373	-1,536	-1,655	-1,596	-1,327	-812	-636	-10,043	-9,470	-9,537	-9,608	-252	-1,153	-1,100	-953	-892	-1,065	-1,702	-1,936	-1,892	-1,425	-939	-970	-1,067	-4,584	-4,424	-4,167	-4,102	-596	-727	-793	-1,063	-1,064	-1,010	-986	-648	-622	-566	-551	0	0	0
Cash flows from financing activities
Issuance of stock under employee stock plans
131	129	136	118	140	182	208	220	258	244	231	235	176	153	126	117	130	154	188	212	208	202	204	187	187	196	172	185	156	137	107	74	64	57	58	58	60	56	66	79	69	63	42	28	0	0	0
Taxes paid on vested stock awards under employee stock plans
75	100	101	115	116	173	176	171	177	151	159	124	116	46	33	50	48	49	50	64	66	67	67	32	42	41	40	25	11	18	17	15	14	9	9	8	41	28	22	17	-16	-9	-4	-5	0	0	0
Excess tax benefits from employee stock plans
-	-	-	-	-	-	-	-	-	-	-	119	99	69	16	7	-10	2	18	19	46	46	73	60	47	35	20	45	99	115	113	82	0	0	0	-	-5	-5	6	4	-9	-8	-23	-24	0	0	0
Proceeds from acquired call option
-	-	-	-	-	-	-	-	-	-	-	61	470	470	470	409	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repurchases of common stock
0	0	0	563	999	1,154	1,154	591	0	0	0	-	-	-	-	60	258	498	807	970	1,044	1,048	889	816	779	778	774	842	0	0	0	-	-	-	-	50	0	0	0	-	-	-	-	36	0	0	0
Dividends paid to shareholders
591	588	583	584	588	590	594	593	589	585	579	574	545	517	491	464	463	440	417	396	350	328	294	259	249	178	240	181	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from Debt, Net of Issuance Costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from (Repayments of) Short-term Debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of debt
987	813	462	181	2,606	13,035	17,050	17,074	14,099	7,557	3,517	11,697	14,128	10,504	10,524	2,313	395	125	125	125	125	2,465	2,490	2,517	2,543	287	230	230	731	903	935	908	381	119	112	106	100	94	88	82	77	60	44	27	0	0	0
Settlement of debt hedge contracts
-	-	-	-	-	-	-	-28	-7	-7	-5	21	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from debt
-	-	-	-	-	-	-	-	-	-	-	7,908	25,016	21,100	21,100	17,108	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debt issuance costs
-	-	-	-	-	-	-	-	-	-	-	10	534	531	531	524	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in financing activities
-1,526	-1,376	-1,514	-1,829	-2,220	-3,947	-4,483	-3,900	-3,386	-1,600	-507	-4,595	6,959	6,715	6,654	10,751	-789	-701	-938	-1,069	-1,331	-1,168	-971	-385	-387	-553	-592	-1,048	-1,819	432	636	819	1,870	-80	-73	-106	-104	-107	-86	-16	-33	-14	-29	-64	0	0	0
Effect of exchange rate changes on cash
4	4	0	4	-11	-3	2	1	12	7	-2	-3	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net decrease in cash and cash equivalents
-739	-876	-1,398	-1,550	-1,281	-2,259	-2,240	-1,349	-689	1,332	2,809	-1,797	-235	-423	-1,004	3,127	1,075	461	-78	220	243	247	290	495	509	839	1,332	1,101	683	-108	-138	-282	147	814	817	756	404	675	802	940	1,247	1,059	843	690	0	0	0
Supplemental disclosure of cash flow information:
Cash paid for income taxes
357	294	253	377	366	344	338	220	244	281	239	184	105	48	36	26	46	113	45	47	42	-26	88	141	162	173	172	146	128	103	51	16	10	12	10	10	0	0	0	-	-	-	-	11	0	0	0
Cash paid for interest
403	421	435	431	430	616	776	708	956	786	755	777	534	390	195	113	45	44	44	45	44	45	47	46	68	52	47	49	31	42	34	22	9	4	6	6	6	9	7	8	8	12	11	14	0	0	0
Supplemental disclosure of non-cash investing and financing activities:
Accrual of cash dividend declared
-	-	-	-	-	-	-	-	-	-	-	-	0	0	169	-	116	139	138	116	139	116	129	94	70	130	57	59	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-