2014 Q3 Form 10-K Financial Statement

#000104746914006770 Filed on August 08, 2014

View on sec.gov

Income Statement

Concept 2014 Q3 2013 Q2 2012 Q2
Revenue $3.424B $4.482B
YoY Change -23.61% 66.31%
Cost Of Revenue $2.485B $2.998B
YoY Change -17.11% 37.59%
Gross Profit $939.0M $1.484B
YoY Change -36.73% 187.6%
Gross Profit Margin 27.42% 33.11%
Selling, General & Admin $178.0M $140.0M
YoY Change 27.14% 27.27%
% of Gross Profit 18.96% 9.43%
Research & Development $294.0M $269.0M
YoY Change 9.29% 20.09%
% of Gross Profit 31.31% 18.13%
Depreciation & Amortization $222.0M $217.0M
YoY Change 2.3% 15.43%
% of Gross Profit 23.64% 14.62%
Operating Expenses $492.0M $427.0M
YoY Change 15.22% 27.84%
Operating Profit $447.0M $1.057B
YoY Change -57.71% 480.77%
Interest Expense -$49.00M -$53.00M
YoY Change -7.55% -7.02%
% of Operating Profit -10.96% -5.01%
Other Income/Expense, Net -$95.00M $9.000M
YoY Change -1155.56%
Pretax Income $303.0M $1.013B
YoY Change -70.09% 730.33%
Income Tax -$45.00M $0.00
% Of Pretax Income -14.85% 0.0%
Net Earnings $348.0M $1.013B
YoY Change -65.65% 989.25%
Net Earnings / Revenue 10.16% 22.6%
Basic Earnings Per Share
Diluted Earnings Per Share $940.5K $2.372M
COMMON SHARES
Basic Shares Outstanding 326.8M shares 358.6M shares 377.5M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2014 Q3 2013 Q2 2012 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.188B $2.118B
YoY Change 3.31% -14.6%
Cash & Equivalents $1.708B $1.707B
Short-Term Investments $480.0M $411.0M
Other Short-Term Assets $484.0M $767.0M
YoY Change -36.9% 95.66%
Inventory $854.0M $909.0M
Prepaid Expenses
Receivables $1.670B $2.319B
Other Receivables $329.0M $601.0M
Total Short-Term Assets $5.412B $6.310B
YoY Change -14.23% 14.64%
LONG-TERM ASSETS
Property, Plant & Equipment $2.269B $2.284B
YoY Change -0.66% 3.44%
Goodwill $476.0M $463.0M
YoY Change 2.81%
Intangibles $405.0M $506.0M
YoY Change -19.96%
Long-Term Investments
YoY Change
Other Assets $225.0M $147.0M
YoY Change 53.06% -74.12%
Total Long-Term Assets $3.831B $3.796B
YoY Change 0.92% 36.74%
TOTAL ASSETS
Total Short-Term Assets $5.412B $6.310B
Total Long-Term Assets $3.831B $3.796B
Total Assets $9.243B $10.11B
YoY Change -8.54% 22.05%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.690B $2.286B
YoY Change -26.07% 28.57%
Accrued Expenses $407.0M $531.0M
YoY Change -23.35% -29.48%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $3.000M $0.00
YoY Change -100.0%
Total Short-Term Liabilities $2.611B $3.396B
YoY Change -23.12% 9.37%
LONG-TERM LIABILITIES
Long-Term Debt $2.774B $2.863B
YoY Change -3.11% 21.73%
Other Long-Term Liabilities $121.0M $138.0M
YoY Change -12.32% -58.93%
Total Long-Term Liabilities $121.0M $3.001B
YoY Change -95.97% 11.64%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.611B $3.396B
Total Long-Term Liabilities $121.0M $3.001B
Total Liabilities $5.737B $6.609B
YoY Change -13.19% 14.09%
SHAREHOLDERS EQUITY
Retained Earnings -$1.778B -$1.444B
YoY Change 23.13%
Common Stock $5.286B $4.950B
YoY Change 6.79%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $3.495B $3.497B
YoY Change
Total Liabilities & Shareholders Equity $9.243B $10.11B
YoY Change -8.54% 22.05%

Cashflow Statement

Concept 2014 Q3 2013 Q2 2012 Q2
OPERATING ACTIVITIES
Net Income $348.0M $1.013B
YoY Change -65.65% 989.25%
Depreciation, Depletion And Amortization $222.0M $217.0M
YoY Change 2.3% 15.43%
Cash From Operating Activities $388.0M $1.445B
YoY Change -73.15% 641.03%
INVESTING ACTIVITIES
Capital Expenditures -$128.0M -$139.0M
YoY Change -7.91% 11.2%
Acquisitions
YoY Change
Other Investing Activities -$16.00M -$10.00M
YoY Change 60.0% -600.0%
Cash From Investing Activities -$144.0M -$149.0M
YoY Change -3.36% 21.14%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 31.00M -1.227B
YoY Change -102.53% 207.52%
NET CHANGE
Cash From Operating Activities 388.0M 1.445B
Cash From Investing Activities -144.0M -149.0M
Cash From Financing Activities 31.00M -1.227B
Net Change In Cash 275.0M 69.00M
YoY Change 298.55% -121.1%
FREE CASH FLOW
Cash From Operating Activities $388.0M $1.445B
Capital Expenditures -$128.0M -$139.0M
Free Cash Flow $516.0M $1.584B
YoY Change -67.42% 395.0%

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CY2013Q2 us-gaap Deferred Tax Assets Other
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CY2013Q2 us-gaap Deferred Tax Assets Property Plant And Equipment
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125000000 USD
CY2014Q2 us-gaap Deferred Tax Assets Property Plant And Equipment
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140000000 USD
CY2014Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
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103000000 USD
CY2013Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
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107000000 USD
CY2013Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Other
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CY2014Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Other
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CY2014Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
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CY2013Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
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CY2013Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Restructuring Charges
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5000000 USD
CY2014Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Restructuring Charges
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4000000 USD
CY2013Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Warranty Reserves
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CY2014Q2 us-gaap Deferred Tax Liabilities
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CY2013Q2 us-gaap Deferred Tax Liabilities Current
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2000000 USD
CY2014Q2 us-gaap Deferred Tax Liabilities Current
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0 USD
CY2014Q2 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
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19000000 USD
CY2013Q2 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
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9000000 USD
CY2014Q2 us-gaap Deferred Tax Liabilities Noncurrent
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CY2013Q2 us-gaap Deferred Tax Liabilities Noncurrent
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CY2013Q2 us-gaap Deferred Tax Liabilities Other
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CY2014Q2 us-gaap Deferred Tax Liabilities Other
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CY2014Q2 us-gaap Deferred Tax Liabilities Undistributed Foreign Earnings
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14000000 USD
CY2013Q2 us-gaap Deferred Tax Liabilities Undistributed Foreign Earnings
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CY2014 us-gaap Deferred Tax Liability Not Recognized Description Of Temporary Difference Undistributed Earnings Of Foreign Subsidiaries
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2.8
CY2014 us-gaap Defined Contribution Plan Employer Matching Contribution Percent
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CY2014 us-gaap Defined Contribution Plan Employer Matching Contribution Percent Of Match
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CY2014 us-gaap Defined Contribution Plan Maximum Annual Contributions Per Employee Amount
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CY2012 us-gaap Depreciation
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CY2014 us-gaap Depreciation
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CY2013 us-gaap Depreciation
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CY2013 us-gaap Depreciation Depletion And Amortization
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873000000 USD
CY2014 us-gaap Depreciation Depletion And Amortization
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879000000 USD
CY2012 us-gaap Depreciation Depletion And Amortization
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814000000 USD
CY2014Q2 us-gaap Derivative Fair Value Of Derivative Asset
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5000000 USD
CY2013Q2 us-gaap Derivative Fair Value Of Derivative Asset
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0 USD
CY2014Q2 us-gaap Derivative Fair Value Of Derivative Liability
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0 USD
CY2013Q2 us-gaap Derivative Fair Value Of Derivative Liability
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1000000 USD
CY2014 us-gaap Dividends Common Stock Cash
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CY2012 us-gaap Dividends Common Stock Cash
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369000000 USD
CY2013 us-gaap Dividends Common Stock Cash
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518000000 USD
CY2012 us-gaap Earnings Per Share Basic
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CY2014 us-gaap Earnings Per Share Basic
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4.66
CY2013 us-gaap Earnings Per Share Basic
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4.97
CY2013 us-gaap Earnings Per Share Diluted
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4.81
CY2014 us-gaap Earnings Per Share Diluted
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4.52
CY2012 us-gaap Earnings Per Share Diluted
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6.49
CY2014 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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1000000 USD
CY2012 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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0 USD
CY2013 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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1000000 USD
CY2013 us-gaap Gain Loss On Sale Of Property Plant Equipment
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36000000 USD
CY2014 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.25
CY2012 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.25
CY2013 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
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CY2014Q2 us-gaap Employee Related Liabilities Current
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296000000 USD
CY2013Q2 us-gaap Employee Related Liabilities Current
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335000000 USD
CY2014 us-gaap Finite Lived Intangible Asset Useful Life
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P3Y2M0D
CY2013 us-gaap Finite Lived Intangible Asset Useful Life
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P3Y10M24D
CY2014Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
212000000 USD
CY2013Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
222000000 USD
CY2014Q2 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
2000000 USD
CY2014Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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112000000 USD
CY2014Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
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3000000 USD
CY2014Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
36000000 USD
CY2014Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
78000000 USD
CY2014Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
89000000 USD
CY2014Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
320000000 USD
CY2013Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
361000000 USD
CY2014 us-gaap Finitelived Intangible Assets Acquired1
FinitelivedIntangibleAssetsAcquired1
532000000 USD
CY2013 us-gaap Finitelived Intangible Assets Acquired1
FinitelivedIntangibleAssetsAcquired1
583000000 USD
CY2012 us-gaap Gain Loss On Investments Excluding Other Than Temporary Impairments
GainLossOnInvestmentsExcludingOtherThanTemporaryImpairments
12000000 USD
CY2014 us-gaap Gain Loss On Investments Excluding Other Than Temporary Impairments
GainLossOnInvestmentsExcludingOtherThanTemporaryImpairments
32000000 USD
CY2013 us-gaap Gain Loss On Investments Excluding Other Than Temporary Impairments
GainLossOnInvestmentsExcludingOtherThanTemporaryImpairments
61000000 USD
CY2014 us-gaap Gain Loss On Sale Of Property Plant Equipment
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4000000 USD
CY2012 us-gaap Gain Loss On Sale Of Property Plant Equipment
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25000000 USD
CY2014 us-gaap Gains Losses On Extinguishment Of Debt
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CY2012 us-gaap Gains Losses On Extinguishment Of Debt
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CY2013 us-gaap Gains Losses On Extinguishment Of Debt
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CY2013Q2 us-gaap Goodwill
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CY2014Q2 us-gaap Goodwill
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CY2012Q2 us-gaap Goodwill
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CY2014 us-gaap Goodwill Acquired During Period
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CY2013 us-gaap Goodwill Acquired During Period
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13000000 USD
CY2014 us-gaap Goodwill Translation Adjustments
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CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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175000000 USD
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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137000000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
149000000 USD
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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1656000000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
1407000000 USD
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
2745000000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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1556000000 USD
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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1831000000 USD
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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2882000000 USD
CY2013 us-gaap Income Tax Expense Benefit
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CY2014 us-gaap Income Tax Expense Benefit
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CY2012 us-gaap Income Tax Expense Benefit
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20000000 USD
CY2012 us-gaap Income Tax Holiday Income Tax Benefits Per Share
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CY2013 us-gaap Income Tax Holiday Income Tax Benefits Per Share
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CY2014 us-gaap Income Tax Holiday Income Tax Benefits Per Share
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0.83
CY2012 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2013 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2014 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2013 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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CY2012 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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CY2012 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
720000000 USD
CY2014 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
389000000 USD
CY2013 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
458000000 USD
CY2014 us-gaap Income Tax Reconciliation Nondeductible Expense
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3000000 USD
CY2012 us-gaap Income Tax Reconciliation Nondeductible Expense
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1000000 USD
CY2013 us-gaap Income Tax Reconciliation Nondeductible Expense
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3000000 USD
CY2013 us-gaap Income Tax Reconciliation Other Adjustments
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4000000 USD
CY2014 us-gaap Income Tax Reconciliation Other Adjustments
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CY2012 us-gaap Income Tax Reconciliation Other Adjustments
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15000000 USD
CY2012 us-gaap Income Tax Reconciliation State And Local Income Taxes
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CY2013 us-gaap Income Tax Reconciliation State And Local Income Taxes
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12000000 USD
CY2014 us-gaap Income Tax Reconciliation State And Local Income Taxes
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3000000 USD
CY2013 us-gaap Income Taxes Paid Net
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48000000 USD
CY2014 us-gaap Income Taxes Paid Net
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50000000 USD
CY2012 us-gaap Income Taxes Paid Net
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8000000 USD
CY2013 us-gaap Increase Decrease In Accounts Payable
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CY2014 us-gaap Increase Decrease In Accounts Payable
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CY2012 us-gaap Increase Decrease In Accounts Payable
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157000000 USD
CY2013 us-gaap Increase Decrease In Accounts Receivable
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CY2012 us-gaap Increase Decrease In Accounts Receivable
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824000000 USD
CY2014 us-gaap Increase Decrease In Employee Related Liabilities
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CY2013 us-gaap Increase Decrease In Employee Related Liabilities
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CY2012 us-gaap Increase Decrease In Employee Related Liabilities
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145000000 USD
CY2013 us-gaap Increase Decrease In Inventories
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CY2012 us-gaap Increase Decrease In Inventories
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CY2014 us-gaap Increase Decrease In Inventories
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20000000 USD
CY2014 us-gaap Increase Decrease In Other Accrued Liabilities
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CY2013 us-gaap Increase Decrease In Other Accrued Liabilities
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CY2012 us-gaap Increase Decrease In Other Accrued Liabilities
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54000000 USD
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CY2013 us-gaap Increase Decrease In Other Operating Capital Net
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39000000 USD
CY2014 us-gaap Increase Decrease In Other Receivables
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CY2012 us-gaap Increase Decrease In Other Receivables
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82000000 USD
CY2013 us-gaap Increase Decrease In Other Receivables
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CY2014 us-gaap Increase Decrease In Restricted Cash For Operating Activities
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CY2012 us-gaap Increase Decrease In Restricted Cash For Operating Activities
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0 USD
CY2013 us-gaap Increase Decrease In Restricted Cash For Operating Activities
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CY2014 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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10000000 shares
CY2012 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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15000000 shares
CY2013 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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12000000 shares
CY2013Q2 us-gaap Intangible Assets Net Excluding Goodwill
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CY2014Q2 us-gaap Intangible Assets Net Excluding Goodwill
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359000000 USD
CY2012 us-gaap Interest Paid
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221000000 USD
CY2013 us-gaap Interest Paid
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219000000 USD
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CY2012 us-gaap Interest Costs Capitalized
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195000000 USD
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CY2014 us-gaap Interest Paid
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198000000 USD
CY2013Q2 us-gaap Inventory Finished Goods Net Of Reserves
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410000000 USD
CY2014Q2 us-gaap Inventory Finished Goods Net Of Reserves
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394000000 USD
CY2014Q2 us-gaap Inventory Net
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985000000 USD
CY2013Q2 us-gaap Inventory Net
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324000000 USD
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213000000 USD
CY2014Q2 us-gaap Inventory Work In Process Net Of Reserves
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267000000 USD
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8000000 USD
CY2012 us-gaap Investment Income Interest
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CY2013Q2 us-gaap Investments Fair Value Disclosure
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CY2013Q2 us-gaap Liabilities
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CY2014Q2 us-gaap Liabilities Current
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CY2014Q2 us-gaap Line Of Credit
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CY2013Q2 us-gaap Long Term Debt And Capital Lease Obligations
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CY2014Q2 us-gaap Long Term Debt And Capital Lease Obligations
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3920000000 USD
CY2014Q2 us-gaap Long Term Debt And Capital Lease Obligations Current
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CY2013Q2 us-gaap Long Term Debt And Capital Lease Obligations Current
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CY2014Q2 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
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CY2014Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
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800000000 USD
CY2014Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
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335000000 USD
CY2014Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
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CY2013Q2 us-gaap Marketable Securities Restricted Current
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CY2014Q2 us-gaap Marketable Securities Restricted Current
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CY2014Q2 us-gaap Minority Interest
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CY2014 us-gaap Net Cash Provided By Used In Investing Activities
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CY2013 us-gaap Net Cash Provided By Used In Investing Activities
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CY2014 us-gaap Net Cash Provided By Used In Operating Activities
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2558000000 USD
CY2012 us-gaap Net Cash Provided By Used In Operating Activities
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3262000000 USD
CY2013 us-gaap Net Cash Provided By Used In Operating Activities
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3047000000 USD
CY2013 us-gaap Net Income Loss
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CY2014 us-gaap Net Income Loss
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1570000000 USD
CY2012 us-gaap Net Income Loss
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2862000000 USD
CY2014 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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0 USD
CY2013 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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0 USD
CY2012 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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CY2013 us-gaap Noncontrolling Interest Increase From Business Combination
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72000000 USD
CY2013Q2 us-gaap Noncurrent Assets
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CY2014 us-gaap Nonoperating Income Expense
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CY2012 us-gaap Nonoperating Income Expense
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CY2013 us-gaap Nonoperating Income Expense
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CY2012 us-gaap Operating Income Loss
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CY2014 us-gaap Operating Income Loss
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CY2013 us-gaap Operating Income Loss
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2091000000 USD
CY2014Q2 us-gaap Operating Leases Future Minimum Payments Due
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200000000 USD
CY2014Q2 us-gaap Operating Leases Future Minimum Payments Due Current
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42000000 USD
CY2014Q2 us-gaap Operating Leases Future Minimum Payments Due Future Minimum Sublease Rentals
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5000000 USD
CY2014Q2 us-gaap Operating Leases Future Minimum Payments Due In Five Years
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22000000 USD
CY2014Q2 us-gaap Operating Leases Future Minimum Payments Due In Four Years
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15000000 USD
CY2014Q2 us-gaap Operating Leases Future Minimum Payments Due In Three Years
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21000000 USD
CY2014Q2 us-gaap Operating Leases Future Minimum Payments Due In Two Years
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31000000 USD
CY2014Q2 us-gaap Operating Leases Future Minimum Payments Due Thereafter
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CY2014 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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CY2013 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
3000000 USD
CY2014 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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3000000 USD
CY2013 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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5000000 USD
CY2014Q2 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
115000000 USD
CY2013Q2 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
157000000 USD
CY2013 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
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CY2014 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
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CY2012 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
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CY2012Q2 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
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CY2013Q2 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
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CY2014Q2 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
12000000 USD
CY2011Q3 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
10000000 USD
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CY2014 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
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CY2012 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
3000000 USD
CY2014 us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
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CY2012 us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
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CY2013 us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
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CY2014 us-gaap Valuation Allowances And Reserves Reserves Of Businesses Acquired
ValuationAllowancesAndReservesReservesOfBusinessesAcquired
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ValuationAllowancesAndReservesReservesOfBusinessesAcquired
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CY2012 us-gaap Valuation Allowances And Reserves Reserves Of Businesses Acquired
ValuationAllowancesAndReservesReservesOfBusinessesAcquired
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WeightedAverageNumberOfDilutedSharesOutstanding
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CY2012 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
441000000 shares
CY2014 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
347000000 shares
CY2014 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
337000000 shares
CY2012 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
426000000 shares
CY2013 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
370000000 shares
CY2014Q2 stx Accrued Business Exit Costs
AccruedBusinessExitCosts
5000000 USD
CY2013Q2 stx Accrued Business Exit Costs
AccruedBusinessExitCosts
9000000 USD
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2000000 USD
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4000000 USD
CY2014 stx Amortizationofintangibleassetsexcludingamountincludedincostofrevenue
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98000000 USD
CY2012 stx Amortizationofintangibleassetsexcludingamountincludedincostofrevenue
Amortizationofintangibleassetsexcludingamountincludedincostofrevenue
38000000 USD
CY2013 stx Amortizationofintangibleassetsexcludingamountincludedincostofrevenue
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79000000 USD
CY2014Q2 stx Authorized Share Capital Common And Preferred Stock Value
AuthorizedShareCapitalCommonAndPreferredStockValue
13500 USD
CY2013Q2 stx Available For Sale Securities Amortized Cost And Trading Securities Cost
AvailableForSaleSecuritiesAmortizedCostAndTradingSecuritiesCost
2122000000 USD
CY2014Q2 stx Available For Sale Securities Amortized Cost And Trading Securities Cost
AvailableForSaleSecuritiesAmortizedCostAndTradingSecuritiesCost
2333000000 USD
CY2013Q2 stx Available For Sale Securities Gross Unrealized Gain Loss Accumulated In Investments
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-3000000 USD
CY2014Q2 stx Available For Sale Securities Gross Unrealized Gain Loss Accumulated In Investments
AvailableForSaleSecuritiesGrossUnrealizedGainLossAccumulatedInInvestments
0 USD
CY2013Q2 stx Available For Sale Securities Gross Unrealized Gain Loss And Trading Securities Total Holding Gain Loss
AvailableForSaleSecuritiesGrossUnrealizedGainLossAndTradingSecuritiesTotalHoldingGainLoss
2000000 USD
CY2014Q2 stx Available For Sale Securities Gross Unrealized Gain Loss And Trading Securities Total Holding Gain Loss
AvailableForSaleSecuritiesGrossUnrealizedGainLossAndTradingSecuritiesTotalHoldingGainLoss
0 USD
CY2014Q2 stx Availableforsale Securities Cost Basisof Otherthantemporarily Imparied Securities
AvailableforsaleSecuritiesCostBasisofOtherthantemporarilyImpariedSecurities
0 USD
CY2013Q2 stx Availableforsale Securities Cost Basisof Otherthantemporarily Imparied Securities
AvailableforsaleSecuritiesCostBasisofOtherthantemporarilyImpariedSecurities
0 USD
CY2014Q2 stx Deferred Tax Assets Net Operating Losses And Tax Credit Carryforwards
DeferredTaxAssetsNetOperatingLossesAndTaxCreditCarryforwards
1081000000 USD
CY2013Q2 stx Deferred Tax Assets Net Operating Losses And Tax Credit Carryforwards
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1103000000 USD
CY2014 stx Defined Contribution Plan Matching Contributions
DefinedContributionPlanMatchingContributions
16000000 USD
CY2013 stx Defined Contribution Plan Matching Contributions
DefinedContributionPlanMatchingContributions
14000000 USD
CY2012 stx Defined Contribution Plan Matching Contributions
DefinedContributionPlanMatchingContributions
13000000 USD
CY2014Q2 stx Dividend Tax Amount
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700000000 USD
CY2014 stx Income Tax Reconciliation Foreign Income Loss Without Tax Benefits
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8000000 USD
CY2012 stx Income Tax Reconciliation Foreign Income Loss Without Tax Benefits
IncomeTaxReconciliationForeignIncomeLossWithoutTaxBenefits
1000000 USD
CY2013 stx Income Tax Reconciliation Foreign Income Loss Without Tax Benefits
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27000000 USD
CY2014 stx Increase Decrease In Net Income Due To Tax Holidays And Tax Incentive Programs
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289000000 USD
CY2013 stx Increase Decrease In Net Income Due To Tax Holidays And Tax Incentive Programs
IncreaseDecreaseInNetIncomeDueToTaxHolidaysAndTaxIncentivePrograms
338000000 USD
CY2012 stx Increase Decrease In Net Income Due To Tax Holidays And Tax Incentive Programs
IncreaseDecreaseInNetIncomeDueToTaxHolidaysAndTaxIncentivePrograms
504000000 USD
CY2013Q2 stx Line Of Credit Facility Available For Issuances Of Letters Of Credit Maximum
LineOfCreditFacilityAvailableForIssuancesOfLettersOfCreditMaximum
75000000 USD
CY2014Q2 stx Non Cancelable Commitments For Construction Of Manufacturing Facilities And Purchases Of Equipment
NonCancelableCommitmentsForConstructionOfManufacturingFacilitiesAndPurchasesOfEquipment
189000000 USD
CY2014 stx Number Of Weeks In Fiscal Year
NumberOfWeeksInFiscalYear
52
CY2012 stx Number Of Weeks In Fiscal Year
NumberOfWeeksInFiscalYear
52
CY2013 stx Number Of Weeks In Fiscal Year
NumberOfWeeksInFiscalYear
52
CY2014Q2 stx Other Current Assets Excluding Vendor Nontrade Receivables
OtherCurrentAssetsExcludingVendorNontradeReceivables
167000000 USD
CY2013Q2 stx Other Current Assets Excluding Vendor Nontrade Receivables
OtherCurrentAssetsExcludingVendorNontradeReceivables
155000000 USD
CY2014Q2 stx Portion Of Accrued Restructuring Expenses Included In Accrued Expenses
PortionOfAccruedRestructuringExpensesIncludedInAccruedExpenses
7000000 USD
CY2013Q2 stx Portion Of Accrued Restructuring Expenses Included In Accrued Expenses
PortionOfAccruedRestructuringExpensesIncludedInAccruedExpenses
6000000 USD
CY2014Q2 stx Portion Of Accrued Restructuring Expenses Included In Other Noncurrent Liabilities
PortionOfAccruedRestructuringExpensesIncludedInOtherNoncurrentLiabilities
7000000 USD
CY2013Q2 stx Portion Of Accrued Restructuring Expenses Included In Other Noncurrent Liabilities
PortionOfAccruedRestructuringExpensesIncludedInOtherNoncurrentLiabilities
11000000 USD
CY2014 stx Reporting Segments Number
ReportingSegmentsNumber
1 segment
CY2013Q2 stx Restricted Cash And Investments Held In Trust
RestrictedCashAndInvestmentsHeldInTrust
79000000 USD
CY2011Q3 stx Stock Repurchased Period To Date Shares
StockRepurchasedPeriodToDateShares
89000000 shares
CY2014Q2 stx Stock Repurchased Period To Date Shares
StockRepurchasedPeriodToDateShares
285000000 shares
CY2012Q2 stx Stock Repurchased Period To Date Shares
StockRepurchasedPeriodToDateShares
190000000 shares
CY2013Q2 stx Stock Repurchased Period To Date Shares
StockRepurchasedPeriodToDateShares
244000000 shares
CY2011Q3 stx Stock Repurchased Period To Date Value
StockRepurchasedPeriodToDateValue
1406000000 USD
CY2013Q2 stx Stock Repurchased Period To Date Value
StockRepurchasedPeriodToDateValue
5486000000 USD
CY2012Q2 stx Stock Repurchased Period To Date Value
StockRepurchasedPeriodToDateValue
3832000000 USD
CY2014Q2 stx Stock Repurchased Period To Date Value
StockRepurchasedPeriodToDateValue
7398000000 USD
CY2013Q2 stx Trading Securities Unrealized Holding Gains Losses
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5000000 USD
CY2014Q2 stx Trading Securities Unrealized Holding Gains Losses
TradingSecuritiesUnrealizedHoldingGainsLosses
0 USD
CY2014 stx Unrecognized Tax Benefits Foreign Exchange Gain Loss
UnrecognizedTaxBenefitsForeignExchangeGainLoss
2000000 USD
CY2012 stx Unrecognized Tax Benefits Foreign Exchange Gain Loss
UnrecognizedTaxBenefitsForeignExchangeGainLoss
-1000000 USD
CY2013 stx Unrecognized Tax Benefits Foreign Exchange Gain Loss
UnrecognizedTaxBenefitsForeignExchangeGainLoss
1000000 USD
CY2013Q2 stx Vendor Nontrade Receivables Current
VendorNontradeReceivablesCurrent
329000000 USD
CY2014Q2 stx Vendor Nontrade Receivables Current
VendorNontradeReceivablesCurrent
112000000 USD
CY2014 dei Amendment Flag
AmendmentFlag
false
CY2014 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--06-27
CY2014 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2014 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
CY2014 dei Document Period End Date
DocumentPeriodEndDate
2014-06-27
CY2014 dei Document Type
DocumentType
10-K
CY2014 dei Entity Central Index Key
EntityCentralIndexKey
0001137789
CY2014Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
326812299 shares
CY2014 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2014 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2013Q4 dei Entity Public Float
EntityPublicFloat
18300000000 USD
CY2014 dei Entity Registrant Name
EntityRegistrantName
Seagate Technology plc
CY2014 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2014 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes

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