2020 Q3 Form 10-K Financial Statement

#000010604020000049 Filed on August 28, 2020

View on sec.gov

Income Statement

Concept 2020 Q3 2019 Q2 2019 Q1
Revenue $4.287B $3.634B $3.674B
YoY Change -28.98% -26.71%
Cost Of Revenue $3.204B $3.169B $3.095B
YoY Change -2.94% 0.29%
Gross Profit $1.083B $465.0M $579.0M
YoY Change -74.89% -69.95%
Gross Profit Margin 25.26% 12.8% 15.76%
Selling, General & Admin $269.0M $299.0M $353.0M
YoY Change -15.06% -6.12%
% of Gross Profit 24.84% 64.3% 60.97%
Research & Development $546.0M $523.0M $544.0M
YoY Change -9.36% -9.63%
% of Gross Profit 50.42% 112.47% 93.96%
Depreciation & Amortization $377.0M $416.0M $444.0M
YoY Change -14.93% -11.02%
% of Gross Profit 34.81% 89.46% 76.68%
Operating Expenses $815.0M $822.0M $973.0M
YoY Change -11.52% -3.95%
Operating Profit $261.0M -$381.0M -$394.0M
YoY Change -145.2% -143.11%
Interest Expense -$85.00M -$103.0M $118.0M
YoY Change 3.0% -26.25%
% of Operating Profit -32.57%
Other Income/Expense, Net $9.000M $10.00M -$83.00M
YoY Change -171.43% -92.03%
Pretax Income $185.0M -$474.0M -$477.0M
YoY Change -165.02% 272.66%
Income Tax $37.00M -$289.0M $104.0M
% Of Pretax Income 20.0%
Net Earnings $148.0M -$197.0M -$581.0M
YoY Change -126.06% -1052.46%
Net Earnings / Revenue 3.45% -5.42% -15.81%
Basic Earnings Per Share $0.49 -$0.67 -$1.99
Diluted Earnings Per Share $0.49 -$0.67 -$1.99
COMMON SHARES
Basic Shares Outstanding 302.5M shares 293.0M shares 292.0M shares
Diluted Shares Outstanding 292.0M shares

Balance Sheet

Concept 2020 Q3 2019 Q2 2019 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.048B $3.455B $3.697B
YoY Change -31.28% -25.81%
Cash & Equivalents $3.048B $3.455B $3.682B
Short-Term Investments $0.00 $15.00M
Other Short-Term Assets $551.0M $535.0M $557.0M
YoY Change 8.74% 11.4%
Inventory $3.070B $3.283B $3.440B
Prepaid Expenses
Receivables $2.400B $1.200B $1.223B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $9.048B $8.477B $8.902B
YoY Change -20.31% -12.42%
LONG-TERM ASSETS
Property, Plant & Equipment $2.854B $2.843B $3.031B
YoY Change -8.14% 0.66%
Goodwill $10.07B $10.08B $10.08B
YoY Change 0.01% -0.04%
Intangibles $941.0M $1.711B $1.918B
YoY Change -36.16% -35.12%
Long-Term Investments $0.00 $104.0M
YoY Change -100.0% 11.83%
Other Assets $877.0M $472.0M $584.0M
YoY Change -26.48% -7.89%
Total Long-Term Assets $16.61B $17.89B $18.01B
YoY Change -3.79% -4.4%
TOTAL ASSETS
Total Short-Term Assets $9.048B $8.477B $8.902B
Total Long-Term Assets $16.61B $17.89B $18.01B
Total Assets $25.66B $26.37B $26.91B
YoY Change -9.8% -7.21%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.945B $1.567B $1.577B
YoY Change -30.82% -26.1%
Accrued Expenses $1.296B $1.296B $1.645B
YoY Change 1.73% 62.07%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $286.0M $276.0M $276.0M
YoY Change 54.19% 122.58%
Total Short-Term Liabilities $4.406B $3.817B $4.212B
YoY Change -14.34% -1.1%
LONG-TERM LIABILITIES
Long-Term Debt $9.289B $10.25B $10.31B
YoY Change -6.8% -6.92%
Other Long-Term Liabilities $2.416B $2.340B $2.178B
YoY Change 3.77% -8.06%
Total Long-Term Liabilities $11.71B $12.59B $12.49B
YoY Change -5.0% -7.13%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.406B $3.817B $4.212B
Total Long-Term Liabilities $11.71B $12.59B $12.49B
Total Liabilities $16.11B $16.40B $16.70B
YoY Change -7.35% -5.68%
SHAREHOLDERS EQUITY
Retained Earnings $6.725B $7.449B $7.799B
YoY Change -14.94% -4.37%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $737.0M $1.268B $1.424B
YoY Change -12.19% 20.58%
Treasury Stock Shares 10.00M shares 17.00M shares 19.00M shares
Shareholders Equity $9.551B $9.967B $10.21B
YoY Change
Total Liabilities & Shareholders Equity $25.66B $26.37B $26.91B
YoY Change -9.8% -7.21%

Cashflow Statement

Concept 2020 Q3 2019 Q2 2019 Q1
OPERATING ACTIVITIES
Net Income $148.0M -$197.0M -$581.0M
YoY Change -126.06% -1052.46%
Depreciation, Depletion And Amortization $377.0M $416.0M $444.0M
YoY Change -14.93% -11.02%
Cash From Operating Activities $172.0M $169.0M $204.0M
YoY Change -80.42% -80.14%
INVESTING ACTIVITIES
Capital Expenditures -$215.0M -$154.0M -$222.0M
YoY Change -19.79% -2.2%
Acquisitions
YoY Change
Other Investing Activities $301.0M -$76.00M -$95.00M
YoY Change 33.33% -44.77%
Cash From Investing Activities $86.00M -$230.0M -$317.0M
YoY Change -7.63% -20.55%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -154.0M -172.0M -219.0M
YoY Change -69.45% -88.75%
NET CHANGE
Cash From Operating Activities 172.0M 169.0M 204.0M
Cash From Investing Activities 86.00M -230.0M -317.0M
Cash From Financing Activities -154.0M -172.0M -219.0M
Net Change In Cash 104.0M -233.0M -332.0M
YoY Change -556.86% -74.81%
FREE CASH FLOW
Cash From Operating Activities $172.0M $169.0M $204.0M
Capital Expenditures -$215.0M -$154.0M -$222.0M
Free Cash Flow $387.0M $323.0M $426.0M
YoY Change -69.38% -66.03%

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CY2018 us-gaap Other Comprehensive Income Loss Tax
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CY2018 us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2020 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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CY2019 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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CY2018 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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694000000 USD
CY2020 us-gaap Net Income Loss
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CY2019 us-gaap Net Income Loss
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CY2020 us-gaap Depreciation And Amortization
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CY2019 us-gaap Depreciation And Amortization
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CY2018 us-gaap Depreciation And Amortization
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CY2018 us-gaap Share Based Compensation
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CY2020 us-gaap Deferred Income Tax Expense Benefit
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CY2019 us-gaap Deferred Income Tax Expense Benefit
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374000000 USD
CY2018 us-gaap Deferred Income Tax Expense Benefit
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CY2020 us-gaap Gain Loss On Sale Of Property Plant Equipment
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7000000 USD
CY2019 us-gaap Gain Loss On Sale Of Property Plant Equipment
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CY2018 us-gaap Gain Loss On Sale Of Property Plant Equipment
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CY2020 wdc Non Cash Portion Of Employee Termination Benefits And Other Charges
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CY2019 wdc Non Cash Portion Of Employee Termination Benefits And Other Charges
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CY2018 wdc Non Cash Portion Of Employee Termination Benefits And Other Charges
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CY2020 us-gaap Amortization Of Financing Costs And Discounts
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40000000 USD
CY2019 us-gaap Amortization Of Financing Costs And Discounts
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38000000 USD
CY2018 us-gaap Amortization Of Financing Costs And Discounts
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221000000 USD
CY2020 wdc Cash Premium On Extinguishment Of Debt
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0 USD
CY2019 wdc Cash Premium On Extinguishment Of Debt
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CY2018 wdc Cash Premium On Extinguishment Of Debt
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-720000000 USD
CY2020 us-gaap Other Operating Activities Cash Flow Statement
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CY2019 us-gaap Other Operating Activities Cash Flow Statement
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CY2018 us-gaap Other Operating Activities Cash Flow Statement
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CY2020 us-gaap Increase Decrease In Accounts Receivable
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CY2019 us-gaap Increase Decrease In Accounts Receivable
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CY2018 us-gaap Increase Decrease In Accounts Receivable
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CY2020 us-gaap Increase Decrease In Inventories
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CY2019 us-gaap Increase Decrease In Inventories
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339000000 USD
CY2018 us-gaap Increase Decrease In Inventories
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598000000 USD
CY2020 us-gaap Increase Decrease In Accounts Payable Trade
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192000000 USD
CY2019 us-gaap Increase Decrease In Accounts Payable Trade
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-588000000 USD
CY2018 us-gaap Increase Decrease In Accounts Payable Trade
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CY2020 us-gaap Increase Decrease In Accounts Payable Related Parties
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75000000 USD
CY2019 us-gaap Increase Decrease In Accounts Payable Related Parties
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72000000 USD
CY2018 us-gaap Increase Decrease In Accounts Payable Related Parties
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CY2018 us-gaap Increase Decrease In Accrued Liabilities
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CY2020 us-gaap Increase Decrease In Employee Related Liabilities
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CY2019 us-gaap Increase Decrease In Employee Related Liabilities
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CY2018 us-gaap Increase Decrease In Employee Related Liabilities
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357000000 USD
CY2019 us-gaap Increase Decrease In Other Operating Capital Net
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221000000 USD
CY2018 us-gaap Increase Decrease In Other Operating Capital Net
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CY2018 us-gaap Net Cash Provided By Used In Operating Activities
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CY2020 us-gaap Payments To Acquire Property Plant And Equipment
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CY2019 us-gaap Payments To Acquire Property Plant And Equipment
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CY2018 us-gaap Payments To Acquire Property Plant And Equipment
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CY2019 us-gaap Proceeds From Sale Of Machinery And Equipment
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CY2018 us-gaap Proceeds From Sale Of Machinery And Equipment
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CY2020 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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CY2019 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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CY2018 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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CY2019 us-gaap Payments To Acquire Investments
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CY2018 us-gaap Payments To Acquire Investments
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CY2019 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
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CY2018 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
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48000000 USD
CY2020 us-gaap Proceeds From Sale Of Held To Maturity Securities
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CY2019 us-gaap Proceeds From Sale Of Held To Maturity Securities
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CY2018 us-gaap Proceeds From Sale Of Held To Maturity Securities
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CY2020 wdc Proceeds From Long Term Loans For Related Parties
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CY2019 wdc Proceeds From Long Term Loans For Related Parties
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CY2019 us-gaap Payments For Proceeds From Other Investing Activities
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20000000 USD
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141000000 USD
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220000000 USD
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CY2019 wdc Taxes Paid On Vested Stock Awards Under Employee Stock Plans
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CY2020 us-gaap Payments For Repurchase Of Common Stock
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CY2019 us-gaap Payments For Repurchase Of Common Stock
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CY2020 us-gaap Repayments Of Long Term Debt
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CY2018 us-gaap Proceeds From Issuance Of Long Term Debt
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CY2020 us-gaap Proceeds From Repayments Of Lines Of Credit
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CY2019 us-gaap Proceeds From Repayments Of Lines Of Credit
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CY2019 us-gaap Payments Of Debt Issuance Costs
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CY2020 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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3048000000 USD
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591000000 USD
CY2018 wdc Dividends Declared
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592000000 USD
CY2018 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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18000000 USD
CY2018 wdc Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period And Available For Sale Securities Adjustment Before Reclassification Adjustments Netof Tax
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563000000 USD
CY2019 wdc Dividends Declared
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34000000 USD
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25000000 USD
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CY2019Q2 us-gaap Stockholders Equity
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69000000 USD
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308000000 USD
CY2020 wdc Dividends Declared
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449000000 USD
CY2020 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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5000000 USD
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-6000000 USD
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-78000000 USD
CY2020Q3 us-gaap Stockholders Equity
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9551000000 USD
CY2020 us-gaap Fiscal Period
FiscalPeriod
Fiscal YearThe Company’s fiscal year ends on the Friday nearest to June 30 and typically consists of 52 weeks. Approximately every five to six years, the Company reports a 53-week fiscal year to align the fiscal year with the foregoing policy. Fiscal year 2020, which ended on July 3, 2020, is comprised of 53 weeks, with the first quarter consisting of 14 weeks and the remaining quarters consisting of 13 weeks each. Fiscal years 2019, which ended on June 28, 2019, and 2018, which ended on June 29, 2018, are each comprised of 52 weeks, with all quarters presented consisting of 13 weeks.
CY2020 us-gaap Use Of Estimates
UseOfEstimates
<div style="text-indent:9pt;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;">Use of Estimates</span></div><div style="text-indent:9pt;"><span><br/></span></div><div style="text-indent:18pt;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">Company management has made estimates and assumptions relating to the reporting of certain assets and liabilities in conformity with U.S. GAAP. These estimates and assumptions have been applied using methodologies that are consistent throughout the periods presented with consideration given to the potential impacts of the coronavirus disease 2019 (“COVID-19”) pandemic. However, actual results could differ materially from these estimates and be significantly affected by the severity and duration of the pandemic, the extent of actions to contain or treat COVID-19, how quickly and to what extent normal economic and operating activity can resume, and the severity and duration of the global economic downturn that results from the pandemic.</span></div>
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0 USD
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0 USD
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43000000 USD
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24000000 USD
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104000000 USD
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112000000 USD
CY2020Q3 us-gaap Revenue Remaining Performance Obligation
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41000000 USD
CY2020Q3 us-gaap Revenue Remaining Performance Obligation
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40000000 USD
CY2020Q3 us-gaap Revenue Remaining Performance Obligation
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31000000 USD
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93000000 USD
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107000000 USD
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112000000 USD
CY2020Q3 us-gaap Derivative Notional Amount
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4620000000 USD
CY2019Q2 us-gaap Derivative Notional Amount
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5710000000 USD
CY2020 us-gaap Proceeds From Sale And Collection Of Receivables
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411000000 USD
CY2019 us-gaap Proceeds From Sale And Collection Of Receivables
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1020000000.00 USD
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57000000 USD
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1306000000 USD
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1142000000 USD
CY2020Q3 us-gaap Inventory Work In Process Net Of Reserves
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956000000 USD
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968000000 USD
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1173000000 USD
CY2020Q3 us-gaap Inventory Net
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3070000000 USD
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3283000000 USD
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10300000000 USD
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10003000000 USD
CY2020 us-gaap Goodwill Acquired During Period
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14000000 USD
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7446000000 USD
CY2019Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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7160000000 USD
CY2020Q3 us-gaap Property Plant And Equipment Net
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2854000000 USD
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2843000000 USD
CY2020 us-gaap Depreciation
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797000000 USD
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844000000 USD
CY2018 us-gaap Depreciation
Depreciation
871000000 USD
CY2018Q2 us-gaap Goodwill
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10075000000 USD
CY2019 us-gaap Goodwill Foreign Currency Translation Gain Loss
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1000000 USD
CY2019Q2 us-gaap Goodwill
Goodwill
10076000000 USD
CY2020 us-gaap Goodwill Purchase Accounting Adjustments
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CY2020 us-gaap Goodwill Foreign Currency Translation Gain Loss
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-2000000 USD
CY2020Q3 us-gaap Goodwill
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10067000000 USD
CY2019Q2 us-gaap Standard Product Warranty Accrual Current
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188000000 USD
CY2019Q3 us-gaap Payments To Acquire Businesses Gross
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22000000 USD
CY2020Q3 us-gaap Other Intangible Assets Net
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8000000 USD
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14000000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
5541000000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
4680000000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
861000000 USD
CY2020Q3 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
5621000000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
4680000000 USD
CY2020Q3 us-gaap Intangible Assets Net Excluding Goodwill
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941000000 USD
CY2019Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
5824000000 USD
CY2019Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
4185000000 USD
CY2019Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1639000000 USD
CY2019Q2 us-gaap Intangible Assets Gross Excluding Goodwill
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5896000000 USD
CY2019Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
4185000000 USD
CY2019Q2 us-gaap Intangible Assets Net Excluding Goodwill
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1711000000 USD
CY2019 us-gaap Impairment Of Intangible Assets Finitelived
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0 USD
CY2018 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0 USD
CY2020 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0 USD
CY2020 us-gaap Amortization Of Intangible Assets
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769000000 USD
CY2019 us-gaap Amortization Of Intangible Assets
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968000000 USD
CY2018 us-gaap Amortization Of Intangible Assets
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1185000000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
489000000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
220000000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
133000000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
19000000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
861000000 USD
CY2019Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
350000000 USD
CY2018Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
318000000 USD
CY2017Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
311000000 USD
CY2020 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
203000000 USD
CY2019 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
162000000 USD
CY2018 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
176000000 USD
CY2020 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
151000000 USD
CY2019 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
142000000 USD
CY2018 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
151000000 USD
CY2020 us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
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6000000 USD
CY2019 us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
12000000 USD
CY2018 us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
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-18000000 USD
CY2020Q3 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
408000000 USD
CY2019Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
350000000 USD
CY2018Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
318000000 USD
CY2020Q3 us-gaap Standard Product Warranty Accrual Current
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205000000 USD
CY2020Q3 us-gaap Standard Product Warranty Accrual Noncurrent
StandardProductWarrantyAccrualNoncurrent
203000000 USD
CY2019Q2 us-gaap Standard Product Warranty Accrual Noncurrent
StandardProductWarrantyAccrualNoncurrent
162000000 USD
CY2020Q3 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
408000000 USD
CY2019Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
350000000 USD
CY2020Q3 us-gaap Accrued Income Taxes Noncurrent
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815000000 USD
CY2019Q2 us-gaap Accrued Income Taxes Noncurrent
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928000000 USD
CY2020Q3 us-gaap Liability For Uncertain Tax Positions Noncurrent
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720000000 USD
CY2019Q2 us-gaap Liability For Uncertain Tax Positions Noncurrent
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699000000 USD
CY2020Q3 wdc Other Miscellanious Liabilities Noncurrent
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881000000 USD
CY2019Q2 wdc Other Miscellanious Liabilities Noncurrent
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713000000 USD
CY2020Q3 us-gaap Other Liabilities Noncurrent
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2416000000 USD
CY2019Q2 us-gaap Other Liabilities Noncurrent
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2340000000 USD
CY2020Q3 us-gaap Foreign Currency Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months
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83000000 USD
CY2020Q3 us-gaap Debt Instrument Face Amount
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9711000000 USD
CY2019Q2 us-gaap Debt Instrument Face Amount
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10694000000 USD
CY2020Q3 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
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136000000 USD
CY2019Q2 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
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172000000 USD
CY2020Q3 us-gaap Long Term Debt
LongTermDebt
9575000000 USD
CY2019Q2 us-gaap Long Term Debt
LongTermDebt
10522000000 USD
CY2020Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
286000000 USD
CY2019Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
276000000 USD
CY2020Q3 us-gaap Long Term Debt Noncurrent
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9289000000 USD
CY2019Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
10246000000 USD
CY2020Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
286000000 USD
CY2020Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
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251000000 USD
CY2020Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
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5774000000 USD
CY2020Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
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1100000000 USD
CY2020Q3 wdc Long Term Debt Maturities Repayments Of Principal In Year Four And Thereafter
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2300000000 USD
CY2019Q2 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Current And Noncurrent
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143000000 USD
CY2020Q3 us-gaap Debt Instrument Carrying Amount
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9711000000 USD
CY2020Q3 us-gaap Debt Instrument Unamortized Discount Premium Net
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136000000 USD
CY2020Q3 us-gaap Long Term Debt
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9575000000 USD
CY2020Q3 us-gaap Pension And Other Postretirement Defined Benefit Plans Current Liabilities
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1000000 USD
CY2019Q2 us-gaap Pension And Other Postretirement Defined Benefit Plans Current Liabilities
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1000000 USD
CY2020Q3 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
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150000000 USD
CY2019Q2 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
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142000000 USD
CY2020Q3 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Current And Noncurrent
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151000000 USD
CY2020Q3 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
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215000000 USD
CY2019Q2 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
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209000000 USD
CY2020 wdc Number Of Legal Entities
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3 legalEntity
CY2020Q3 us-gaap Retained Earnings Undistributed Earnings From Equity Method Investees
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24000000 USD
CY2019Q2 us-gaap Retained Earnings Undistributed Earnings From Equity Method Investees
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14000000 USD
CY2020Q3 wdc Investment Funding Commitments
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0.50
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1
CY2019 wdc Costs Associated With Underutilized Capacity As A Result Of A Temporary Abnormal Reduction In Production
CostsAssociatedWithUnderutilizedCapacityAsAResultOfATemporaryAbnormalReductionInProduction
264000000 USD
CY2020 wdc Costs Associated With Underutilized Capacity As A Result Of Unexpected Power Outage Incident
CostsAssociatedWithUnderutilizedCapacityAsAResultOfUnexpectedPowerOutageIncident
68000000 USD
CY2019 wdc Costs Associated With Underutilized Capacity As A Result Of Unexpected Power Outage Incident
CostsAssociatedWithUnderutilizedCapacityAsAResultOfUnexpectedPowerOutageIncident
145000000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
45000000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
32000000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
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28000000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
28000000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
27000000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
144000000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
304000000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
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59000000 USD
CY2020Q3 us-gaap Operating Lease Liability
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245000000 USD
CY2020Q3 us-gaap Operating Lease Liability Current
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36000000 USD
CY2020Q3 us-gaap Operating Lease Liability Noncurrent
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209000000 USD
CY2020Q3 us-gaap Operating Lease Right Of Use Asset
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230000000 USD
CY2020Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P9Y2M12D
CY2020Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
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0.042
CY2020 us-gaap Operating Lease Cost
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55000000 USD
CY2020 us-gaap Operating Lease Payments
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53000000 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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57000000 USD
CY2020 us-gaap Operating Lease Cost
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55000000 USD
CY2019 us-gaap Operating Lease Cost
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47000000 USD
CY2018 us-gaap Operating Lease Cost
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49000000 USD
CY2020Q3 us-gaap Purchase Obligation Due In Next Twelve Months
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448000000 USD
CY2020Q3 us-gaap Purchase Obligation Due In Second Year
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606000000 USD
CY2020Q3 us-gaap Purchase Obligation Due In Third Year
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521000000 USD
CY2020Q3 us-gaap Purchase Obligation Due In Fourth Year
PurchaseObligationDueInFourthYear
322000000 USD
CY2020Q3 us-gaap Purchase Obligation Due In Fifth Year
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148000000 USD
CY2020Q3 us-gaap Purchase Obligation Due After Fifth Year
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190000000 USD
CY2020Q3 us-gaap Purchase Obligation
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2235000000 USD
CY2020 us-gaap Number Of Operating Segments
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1 segment
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16736000000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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16569000000 USD
CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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20647000000 USD
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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16736000000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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16569000000 USD
CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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20647000000 USD
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
16736000000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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16569000000 USD
CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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20647000000 USD
CY2020Q3 us-gaap Noncurrent Assets
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2854000000 USD
CY2019Q2 us-gaap Noncurrent Assets
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2843000000 USD
CY2020Q3 us-gaap Accounts Receivable Net Current
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2400000000 USD
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
400000 shares
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88.58
CY2019Q2 us-gaap Accounts Receivable Net Current
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1200000000 USD
CY2020 us-gaap Defined Contribution Plan Employer Matching Contribution Percent Of Match
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0.50
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0.06
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33000000 USD
CY2019 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
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34000000 USD
CY2018 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
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35000000 USD
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Expiration Period
SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod
P10Y
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
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95600000 shares
CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
308000000 USD
CY2019 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
306000000 USD
CY2018 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
377000000 USD
CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
308000000 USD
CY2019 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
306000000 USD
CY2018 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
377000000 USD
CY2020 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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45000000 USD
CY2019 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
50000000 USD
CY2018 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
66000000 USD
CY2020 us-gaap Allocated Share Based Compensation Expense Net Of Tax
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263000000 USD
CY2019 us-gaap Allocated Share Based Compensation Expense Net Of Tax
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256000000 USD
CY2018 us-gaap Allocated Share Based Compensation Expense Net Of Tax
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311000000 USD
CY2020Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
581000000 USD
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
7400000 shares
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
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58.14
CY2018 us-gaap Stock Issued During Period Shares Stock Options Exercised
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2200000 shares
CY2018 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
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44.52
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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99000000 USD
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
400000 shares
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
60.85
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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4800000 shares
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
64.23
CY2019 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
400000 shares
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
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39.58
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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8000000 USD
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
500000 shares
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
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74.79
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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3900000 shares
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
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65.72
CY2020 us-gaap Stock Issued During Period Shares Stock Options Exercised
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800000 shares
CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
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43.26
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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12000000 USD
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P2Y1M6D
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2700000 shares
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
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69.16
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
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P2Y1M6D
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
0 USD
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
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2600000 shares
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
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70.10
CY2020Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
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0 USD
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
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0 shares
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2020 us-gaap Treasury Stock Shares Acquired
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0 shares
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
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40000000 shares
CY2020 us-gaap Common Stock Dividends Per Share Declared
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1.50
CY2020 wdc Dividends Declared
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449000000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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-695000000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-642000000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
2398000000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
649000000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
355000000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-313000000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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-46000000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-287000000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
2085000000 USD
CY2020 us-gaap Current Foreign Tax Expense Benefit
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157000000 USD
CY2019 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
181000000 USD
CY2018 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
166000000 USD
CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
124000000 USD
CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-91000000 USD
CY2018 us-gaap Current Federal Tax Expense Benefit
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