$WDC
WESTERN DIGITAL CORP

2012 Q4 Form 10-Q Financial Statement

#000119312513034574 Filed on February 01, 2013

View on sec.gov

Income Statement

Concept 2012 Q4 2011 Q4
Revenue $3.824B $1.995B
YoY Change 91.68% -16.74%
Cost Of Revenue $2.765B $1.347B
YoY Change 105.27% -31.24%
Gross Profit $1.059B $648.0M
YoY Change 63.43% 48.28%
Gross Profit Margin 27.69% 32.48%
Selling, General & Admin $162.0M $96.00M
YoY Change 68.75% 62.71%
% of Gross Profit 15.3% 14.81%
Research & Development $378.0M $191.0M
YoY Change 97.91% 14.37%
% of Gross Profit 35.69% 29.48%
Depreciation & Amortization $309.0M $140.0M
YoY Change 120.71% -6.67%
% of Gross Profit 29.18% 21.6%
Operating Expenses $581.0M $486.0M
YoY Change 19.55% 115.04%
Operating Profit $478.0M $162.0M
YoY Change 195.06% -23.22%
Interest Expense -$10.00M -$2.000M
YoY Change 400.0%
% of Operating Profit -2.09% -1.23%
Other Income/Expense, Net -$10.00M -$2.000M
YoY Change 400.0%
Pretax Income $468.0M $160.0M
YoY Change 192.5% -24.17%
Income Tax $133.0M $15.00M
% Of Pretax Income 28.42% 9.38%
Net Earnings $335.0M $145.0M
YoY Change 131.03% -26.4%
Net Earnings / Revenue 8.76% 7.27%
Basic Earnings Per Share $1.38 $0.62
Diluted Earnings Per Share $1.36 $0.61
COMMON SHARES
Basic Shares Outstanding 242.0M shares 234.0M shares
Diluted Shares Outstanding 246.0M shares 237.0M shares

Balance Sheet

Concept 2012 Q4 2011 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.816B $3.924B
YoY Change -2.75% 37.3%
Cash & Equivalents $3.816B $3.924B
Short-Term Investments
Other Short-Term Assets $423.0M $261.0M
YoY Change 62.07% 20.28%
Inventory $1.204B $466.0M
Prepaid Expenses
Receivables $1.732B $747.0M
Other Receivables $0.00 $0.00
Total Short-Term Assets $7.175B $5.398B
YoY Change 32.92% 8.81%
LONG-TERM ASSETS
Property, Plant & Equipment $3.938B $2.091B
YoY Change 88.33% -6.86%
Goodwill $1.907B
YoY Change
Intangibles
YoY Change
Long-Term Investments $14.00M
YoY Change
Other Assets $200.0M $104.0M
YoY Change 92.31% -51.85%
Total Long-Term Assets $6.754B $2.409B
YoY Change 180.37% -10.58%
TOTAL ASSETS
Total Short-Term Assets $7.175B $5.398B
Total Long-Term Assets $6.754B $2.409B
Total Assets $13.93B $7.807B
YoY Change 78.42% 1.99%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.185B $883.0M
YoY Change 147.45% -48.15%
Accrued Expenses $722.0M $488.0M
YoY Change 47.95% 36.31%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $288.0M $181.0M
YoY Change 59.12% 60.18%
Total Short-Term Liabilities $3.326B $1.552B
YoY Change 114.3% -28.61%
LONG-TERM LIABILITIES
Long-Term Debt $1.840B $50.00M
YoY Change 3580.0% -80.92%
Other Long-Term Liabilities $516.0M $282.0M
YoY Change 82.98% -8.44%
Total Long-Term Liabilities $2.356B $332.0M
YoY Change 609.64% -41.75%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.326B $1.552B
Total Long-Term Liabilities $2.356B $332.0M
Total Liabilities $5.682B $1.884B
YoY Change 201.59% -31.34%
SHAREHOLDERS EQUITY
Retained Earnings $6.744B
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $732.0M
YoY Change
Treasury Stock Shares 20.00M shares
Shareholders Equity $8.247B $5.923B
YoY Change
Total Liabilities & Shareholders Equity $13.93B $7.807B
YoY Change 78.42% 1.99%

Cashflow Statement

Concept 2012 Q4 2011 Q4
OPERATING ACTIVITIES
Net Income $335.0M $145.0M
YoY Change 131.03% -26.4%
Depreciation, Depletion And Amortization $309.0M $140.0M
YoY Change 120.71% -6.67%
Cash From Operating Activities $772.0M $378.0M
YoY Change 104.23% -3.08%
INVESTING ACTIVITIES
Capital Expenditures -$246.0M -$119.0M
YoY Change 106.72% -40.5%
Acquisitions
YoY Change
Other Investing Activities -$33.00M $0.00
YoY Change
Cash From Investing Activities -$279.0M -$119.0M
YoY Change 134.45% -40.5%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -214.0M -10.00M
YoY Change 2040.0% -84.85%
NET CHANGE
Cash From Operating Activities 772.0M 378.0M
Cash From Investing Activities -279.0M -119.0M
Cash From Financing Activities -214.0M -10.00M
Net Change In Cash 279.0M 249.0M
YoY Change 12.05% 100.81%
FREE CASH FLOW
Cash From Operating Activities $772.0M $378.0M
Capital Expenditures -$246.0M -$119.0M
Free Cash Flow $1.018B $497.0M
YoY Change 104.83% -15.76%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2011Q4 wdc Arbitration Award
ArbitrationAward
525000000
CY2011Q3 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
173000000
CY2012Q4 wdc Arbitration Award Vacated
ArbitrationAwardVacated
630400000
CY2012Q1 wdc Arbitration Award Plus Pre Award Interest
ArbitrationAwardPlusPreAwardInterest
630400000
CY2012Q1 wdc Pre Award Interest
PreAwardInterest
105400000
CY2013Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
240665370 shares
CY2011Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3924000000
CY2011Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
156000000
CY2012Q1 us-gaap Business Acquisition Cost Of Acquired Entity Purchase Price
BusinessAcquisitionCostOfAcquiredEntityPurchasePrice
4677000000
CY2012Q1 wdc Issued And Outstanding Paid Up Share Capital Acquired As Result Of Business Combination
IssuedAndOutstandingPaidUpShareCapitalAcquiredAsResultOfBusinessCombination
4575000000
CY2012Q1 wdc Preliminary Fair Value Of Stock Options Restricted Stock Based Awards And Stock Appreciation Rights Assumed
PreliminaryFairValueOfStockOptionsRestrictedStockBasedAwardsAndStockAppreciationRightsAssumed
102000000
CY2012Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
26.52
CY2012Q3 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
230000000
CY2012Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
16500000 shares
CY2012Q3 wdc Severance And Other Charges Reserve Ending Balance
SeveranceAndOtherChargesReserveEndingBalance
19000000
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
224000000
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
23.22
CY2012Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
20000000 shares
CY2012Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
450000000 shares
CY2012Q4 us-gaap Other Assets Current
OtherAssetsCurrent
423000000
CY2012Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
581000000
CY2012Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
276000000
CY2012Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
15100000 shares
CY2012Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
8000000
CY2012Q4 us-gaap Liabilities Current
LiabilitiesCurrent
3326000000
CY2012Q4 us-gaap Other Finite Lived Intangible Assets Gross
OtherFiniteLivedIntangibleAssetsGross
948000000
CY2012Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
6744000000
CY2012Q4 us-gaap Assets
Assets
13929000000
CY2012Q4 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
500000000
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
223000000
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3816000000
CY2012Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
1300000000
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
27.14
CY2012Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1732000000
CY2012Q4 us-gaap Inventory Net
InventoryNet
1204000000
CY2012Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
211000000
CY2012Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
430000000
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
15300000 shares
CY2012Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
7490000000
CY2012Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
200000000
CY2012Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
13929000000
CY2012Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
261000000 shares
CY2012Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
239000000
CY2012Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
shares
CY2012Q4 us-gaap Goodwill
Goodwill
1907000000
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
6000000 shares
CY2012Q4 us-gaap Liabilities
Liabilities
5682000000
CY2012Q4 us-gaap Long Term Debt
LongTermDebt
2100000000
CY2012Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
230000000
CY2012Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
230000000
CY2012Q4 us-gaap Foreign Currency Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months
ForeignCurrencyCashFlowHedgeGainLossToBeReclassifiedDuringNext12Months
10000000
CY2012Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
193000000
CY2012Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2012Q4 us-gaap Treasury Stock Value
TreasuryStockValue
732000000
CY2012Q4 us-gaap Product Warranty Accrual Noncurrent
ProductWarrantyAccrualNoncurrent
80000000
CY2012Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
722000000
CY2012Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
shares
CY2012Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3938000000
CY2012Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
288000000
CY2012Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2012Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
241000000 shares
CY2012Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
230000000
CY2012Q4 us-gaap Assets Current
AssetsCurrent
7175000000
CY2012Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
2224000000
CY2012Q4 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleAmountOfUnrecordedBenefit
54000000
CY2012Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
95000000
CY2012Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2012Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
3552000000
CY2012Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1840000000
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
27.00
CY2012Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
230000000
CY2012Q4 us-gaap Stockholders Equity
StockholdersEquity
8247000000
CY2012Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
709000000
CY2012Q4 us-gaap Debt Instrument Interest Rate At Period End
DebtInstrumentInterestRateAtPeriodEnd
0.0221 pure
CY2012Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
516000000
CY2012Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
2185000000
CY2012Q4 wdc Accrued Warranty
AccruedWarranty
131000000
CY2012Q4 wdc Assumed Stock Appreciation Rights Outstanding At Balance Sheet Date
AssumedStockAppreciationRightsOutstandingAtBalanceSheetDate
1400000 shares
CY2012Q4 wdc Cash Settled Stock Appreciation Rights Liability
CashSettledStockAppreciationRightsLiability
33000000
CY2012Q4 wdc Common Stock Values
CommonStockValues
3000000
CY2012Q4 wdc Compensation Cost For Unvested Cash Settled Stock Appreciation Rights Not Yet Recognized
CompensationCostForUnvestedCashSettledStockAppreciationRightsNotYetRecognized
16000000
CY2012Q4 wdc Options Outstanding To Purchase Shares With Exercise Price Below Company Stock Price
OptionsOutstandingToPurchaseSharesWithExercisePriceBelowCompanyStockPrice
12300000 shares
CY2012Q4 wdc Options Outstanding To Purchase Shares With Exercise Price Below Company Stock Price Intrinsic Value
OptionsOutstandingToPurchaseSharesWithExercisePriceBelowCompanyStockPriceIntrinsicValue
224000000
CY2012Q4 wdc Preferred Stock Values
PreferredStockValues
CY2012Q4 wdc Share Based Compensation Arrangement By Share Based Payments Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term
ShareBasedCompensationArrangementByShareBasedPaymentsAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm
4.6 Y
CY2012Q4 wdc Share Based Compensation Options Exercisable Intrinsic Value
ShareBasedCompensationOptionsExercisableIntrinsicValue
110000000
CY2012Q4 wdc Share Based Compensation Options Exercisable Remaining Contractual Life
ShareBasedCompensationOptionsExercisableRemainingContractualLife
3.2 Y
CY2012Q4 wdc Stock Appreciation Right Outstanding Weighted Average Exercise Price
StockAppreciationRightOutstandingWeightedAverageExercisePrice
7.82
CY2012Q2 us-gaap Goodwill
Goodwill
1975000000
CY2012Q2 us-gaap Liabilities
Liabilities
6537000000
CY2012Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
245000000
CY2012Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2012Q2 us-gaap Treasury Stock Value
TreasuryStockValue
554000000
CY2012Q2 us-gaap Product Warranty Accrual Noncurrent
ProductWarrantyAccrualNoncurrent
89000000
CY2012Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
858000000
CY2012Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
shares
CY2012Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
4067000000
CY2012Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
230000000
CY2012Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2012Q4 wdc Unsecured Loan Under Credit Facility
UnsecuredLoanUnderCreditFacility
2800000000
CY2012Q4 wdc Unvested Employee Service Share Based Compensation Stock Option Awards And Employee Stock Purchase Plan Rights Issued But Not Yet Recognized
UnvestedEmployeeServiceShareBasedCompensationStockOptionAwardsAndEmployeeStockPurchasePlanRightsIssuedButNotYetRecognized
140000000
CY2012Q4 wdc Severance And Other Charges Reserve Ending Balance
SeveranceAndOtherChargesReserveEndingBalance
21000000
CY2012Q4 wdc Charge Related To State Proposition Thirty Nine
ChargeRelatedToStatePropositionThirtyNine
88
CY2011Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3490000000
CY2011Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
170000000
CY2012Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
15000000 shares
CY2012Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
450000000 shares
CY2012Q2 us-gaap Other Assets Current
OtherAssetsCurrent
359000000
CY2012Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
552000000
CY2012Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2012Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-15000000
CY2012Q2 us-gaap Liabilities Current
LiabilitiesCurrent
4032000000
CY2012Q2 us-gaap Other Finite Lived Intangible Assets Gross
OtherFiniteLivedIntangibleAssetsGross
933000000
CY2012Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
6012000000
CY2012Q2 us-gaap Assets
Assets
14206000000
CY2012Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3208000000
CY2012Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
21.89
CY2012Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
2364000000
CY2012Q2 us-gaap Inventory Net
InventoryNet
1210000000
CY2012Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
260000000
CY2012Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
413000000
CY2012Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
15800000 shares
CY2012Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
7173000000
CY2012Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
224000000
CY2012Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
14206000000
CY2012Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
261000000 shares
CY2012Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
134000000
CY2012Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
shares
CY2012Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
246000000 shares
CY2012Q2 us-gaap Assets Current
AssetsCurrent
7141000000
CY2012Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
2223000000
CY2012Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2012Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
3106000000
CY2012Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1955000000
CY2012Q2 us-gaap Stockholders Equity
StockholdersEquity
7669000000
CY2012Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
799000000
CY2012Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
550000000
CY2012Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
2773000000
CY2012Q2 wdc Accrued Warranty
AccruedWarranty
171000000
CY2012Q2 wdc Common Stock Values
CommonStockValues
3000000
CY2012Q2 wdc Preferred Stock Values
PreferredStockValues
us-gaap Income Tax Expense Benefit Continuing Operations
IncomeTaxExpenseBenefitContinuingOperations
34000000
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2013
dei Document Type
DocumentType
10-Q
dei Document Period End Date
DocumentPeriodEndDate
2012-12-28
dei Entity Central Index Key
EntityCentralIndexKey
0000106040
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--06-28
dei Trading Symbol
TradingSymbol
WDC
dei Entity Registrant Name
EntityRegistrantName
WESTERN DIGITAL CORP
dei Amendment Flag
AmendmentFlag
false
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.0016 pure
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
86000000
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
58000000
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
27000000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-670000000
us-gaap Investment Income Interest
InvestmentIncomeInterest
5000000
us-gaap Income Taxes Paid
IncomeTaxesPaid
95000000
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-1000000
us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Expected Long Term Return On Assets
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets
0.035 pure
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y7M6D
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
0.0053 pure
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
244000000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate
0.0049 pure
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-24000000
us-gaap Income Tax Holiday Termination Date
IncomeTaxHolidayTerminationDate
From 2013 through 2025
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.43
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
364000000
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
41000000
us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
111000000
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P4Y
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-633000000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
1046000000
us-gaap Income Tax Expense Benefit Continuing Operations
IncomeTaxExpenseBenefitContinuingOperations
192000000
us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
-4000000
us-gaap Interest Paid
InterestPaid
21000000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
79000000
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
15000000
us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
90000000
us-gaap Share Based Compensation
ShareBasedCompensation
71000000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
622000000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
608000000
us-gaap Operating Income Loss
OperatingIncomeLoss
1070000000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
23000000
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.50
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-4000000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-7000000
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P4Y7M6D
us-gaap Cost Of Goods Sold
CostOfGoodsSold
5607000000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
68000000
us-gaap Net Income Loss
NetIncomeLoss
854000000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
0.0042 pure
us-gaap Restricted Stock Expense
RestrictedStockExpense
25000000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
249000000 shares
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-430000000
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
5000000 shares
us-gaap Gross Profit
GrossProfit
2252000000
us-gaap Operating Expenses
OperatingExpenses
1182000000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.0118 pure
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-352000000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
341000000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
192000000
us-gaap Payments Of Dividends
PaymentsOfDividends
121000000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
628000000
us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
-28000000
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
35000000
us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
7859000000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
49000000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
6000000 shares
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
877000000
us-gaap Use Of Estimates
UseOfEstimates
<div> <p style="margin-top:12px;margin-bottom:0px; text-indent:4%"> <font style="font-family:Times New Roman" size="2">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. However, actual results could differ materially from these estimates.</font></p> </div>
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-169000000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
15.56
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0258 pure
us-gaap Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
774000000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1708000000
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
26000000
us-gaap Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
<div> <p style="margin-top:0px;margin-bottom:0px"><font style="font-family:Times New Roman" size="2"><b>13.&#xA0;Recent Accounting Pronouncements</b></font></p> <p style="margin-top:6px;margin-bottom:0px; text-indent:4%"> <font style="font-family:Times New Roman" size="2">In June 2011, the Financial Accounting Standards Board (&#x201C;FASB&#x201D;) issued Accounting Standards Update (&#x201C;ASU&#x201D;) 2011-05 &#x201C;Presentation of Comprehensive Income&#x201D; (&#x201C;ASU 2011-05&#x201D;). The new standard requires that all non-owner changes in shareholders&#x2019; equity be presented either in a single continuous statement of comprehensive income or in two separate but continuous statements. If presented in two separate statements, the first statement should present total net income and its components followed immediately by a second statement of total other comprehensive income, its components and the total comprehensive income. In December 2011, the FASB deferred certain changes in ASU 2011-05 that relate to the presentation of reclassification adjustments. The new standard is effective for fiscal years and interim periods within those fiscal years, beginning after December&#xA0;15, 2011. The Company adopted this pronouncement in its first quarter of fiscal 2013. The adoption of ASU 2011-05 resulted in an additional financial statement which increases the prominence of items reported in other comprehensive income but did not have an impact on the Company&#x2019;s financial position or results of operations.</font></p> <p style="margin-top:12px;margin-bottom:0px; text-indent:4%"> <font style="font-family:Times New Roman" size="2">In September 2011, the FASB issued ASU 2011-08, &#x201C;Intangibles-Goodwill and Other (Topic 350): Testing Indefinite-Lived Intangible Assets for Impairment&#x201D; (&#x201C;ASU 2011-08&#x201D;). The new standard permits an entity to first assess qualitative factors to determine whether it is more likely than not that an indefinite-lived intangible asset is impaired as a basis for determining whether it is necessary to perform the quantitative impairment test in accordance with Accounting Standards Codification 350-30, &#x201C;Intangibles-Goodwill and Other-General Intangibles Other than Goodwill.&#x201D; The new standard is effective for fiscal years beginning after December&#xA0;15, 2011. The Company adopted this pronouncement in its first quarter of fiscal 2013. The adoption of ASU 2011-08 did not have a material impact to the Company&#x2019;s condensed consolidated financial statements in the first quarter of fiscal 2013.</font></p> </div>
wdc Foreign Currency Contracts Maximum Maturity Term
ForeignCurrencyContractsMaximumMaturityTerm
Less than 12 months
wdc Severance And Other Costs
SeveranceAndOtherCosts
67000000
wdc Severance And Other Charges
SeveranceAndOtherCharges
67000000
wdc Business Acquisition Period Of Measurement
BusinessAcquisitionPeriodOfMeasurement
P12M
wdc Compensation Cost For Cash Settled Stock Appreciation Rights
CompensationCostForCashSettledStockAppreciationRights
16000000
wdc Employee Service Period Cash Settled Stock Appreciation Rights Compensation Cost Not Yet Recognized Period For Recognition
EmployeeServicePeriodCashSettledStockAppreciationRightsCompensationCostNotYetRecognizedPeriodForRecognition
P1Y3M18D
wdc Foreign Exchange Contracts Closed During Period
ForeignExchangeContractsClosedDuringPeriod
2000000000
wdc Foreign Exchange Contracts Opened During Period
ForeignExchangeContractsOpenedDuringPeriod
1400000000
wdc Forfeiture Rate Of Restricted Stock Unit Valuation Assumption
ForfeitureRateOfRestrictedStockUnitValuationAssumption
0.034 pure
wdc Grant Date Fair Value Of Shares Underlying Restricted Stock Awards
GrantDateFairValueOfSharesUnderlyingRestrictedStockAwards
68000000
wdc Interest And Other Expense
InterestAndOtherExpense
29000000
wdc Maturity Of Auction Rate Securities
MaturityOfAuctionRateSecurities
Dates through 2050
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.0012 pure
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
23000000
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
63000000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-253000000
us-gaap Investment Income Interest
InvestmentIncomeInterest
6000000
us-gaap Income Taxes Paid
IncomeTaxesPaid
8000000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
0.0055 pure
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
234000000 shares
wdc Share Based Compensation Fair Value Assumptions Post Vesting Termination Rate
ShareBasedCompensationFairValueAssumptionsPostVestingTerminationRate
0.0209 pure
wdc Share Based Compensation Fair Value Assumptions Suboptimal Exercise Factor
ShareBasedCompensationFairValueAssumptionsSuboptimalExerciseFactor
1.90 pure
wdc Taxes Paid On Vested Stock Awards Under Employee Stock Plans
TaxesPaidOnVestedStockAwardsUnderEmployeeStockPlans
8000000
wdc Unvested Employee Service Share Based Compensation Stock Option Awards And Employee Stock Purchase Plan Rights Issued But Not Yet Recognized Period For Recognition
UnvestedEmployeeServiceShareBasedCompensationStockOptionAwardsAndEmployeeStockPurchasePlanRightsIssuedButNotYetRecognizedPeriodForRecognition
P2Y4M24D
wdc Cash Dividend Per Common Share Declared
CashDividendPerCommonShareDeclared
0.25
wdc Non Cash Portion Of Employee Termination Benefits And Other Charges
NonCashPortionOfEmployeeTerminationBenefitsAndOtherCharges
15000000
wdc Severance And Other Charges Equity Expense
SeveranceAndOtherChargesEquityExpense
2000000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate
0.0048 pure
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
13000000
us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
84000000
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P4Y10M24D
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-459000000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
418000000
us-gaap Interest Paid
InterestPaid
1000000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
8000000
us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
69000000
us-gaap Share Based Compensation
ShareBasedCompensation
41000000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
298000000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
434000000
us-gaap Operating Income Loss
OperatingIncomeLoss
421000000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-9000000
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.64
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-111000000
us-gaap Cost Of Goods Sold
CostOfGoodsSold
3500000000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
18000000
us-gaap Net Income Loss
NetIncomeLoss
384000000
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-3000000
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.62
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
0.0041 pure
us-gaap Restricted Stock Expense
RestrictedStockExpense
17000000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
237000000 shares
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-43000000
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
3000000 shares
us-gaap Gross Profit
GrossProfit
1189000000
us-gaap Operating Expenses
OperatingExpenses
768000000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.0143 pure
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-675000000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
185000000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
34000000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
253000000
us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
1000000
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
2000000
us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
4689000000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
24000000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
5000000 shares
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
375000000
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-2000000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
11.90
us-gaap Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
384000000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
730000000
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-9000000
wdc Foreign Exchange Contracts Closed During Period
ForeignExchangeContractsClosedDuringPeriod
1700000000
wdc Foreign Exchange Contracts Opened During Period
ForeignExchangeContractsOpenedDuringPeriod
1300000000
wdc Interest And Other Expense
InterestAndOtherExpense
9000000
wdc Non Cash Portion Of Charges Related To Flooding
NonCashPortionOfChargesRelatedToFlooding
109000000
wdc Share Based Compensation Fair Value Assumptions Post Vesting Termination Rate
ShareBasedCompensationFairValueAssumptionsPostVestingTerminationRate
0.0262 pure
wdc Share Based Compensation Fair Value Assumptions Suboptimal Exercise Factor
ShareBasedCompensationFairValueAssumptionsSuboptimalExerciseFactor
1.81 pure
wdc Taxes Paid On Vested Stock Awards Under Employee Stock Plans
TaxesPaidOnVestedStockAwardsUnderEmployeeStockPlans
5000000
wdc Unusual Or Infrequent Item Net Of Recoveries
UnusualOrInfrequentItemNetOfRecoveries
199000000
CY2011Q4 us-gaap Income Tax Expense Benefit Continuing Operations
IncomeTaxExpenseBenefitContinuingOperations
15000000
CY2011Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.0012 pure
CY2011Q4 us-gaap Investment Income Interest
InvestmentIncomeInterest
3000000
CY2011Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
0.0055 pure
CY2011Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
234000000 shares
CY2011Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate
0.0049 pure
CY2011Q4 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
42000000
CY2011Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P4Y10M24D
CY2011Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
160000000
CY2011Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
3000000
CY2011Q4 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
24000000
CY2011Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
162000000
CY2011Q4 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
10000000
CY2011Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.62
CY2011Q4 us-gaap Cost Of Goods Sold
CostOfGoodsSold
1347000000
CY2011Q4 us-gaap Net Income Loss
NetIncomeLoss
145000000
CY2011Q4 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-2000000
CY2011Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.61
CY2011Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
0.0045 pure
CY2011Q4 us-gaap Restricted Stock Expense
RestrictedStockExpense
9000000
CY2011Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
237000000 shares
CY2011Q4 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
3000000 shares
CY2011Q4 us-gaap Gross Profit
GrossProfit
648000000
CY2011Q4 us-gaap Operating Expenses
OperatingExpenses
486000000
CY2011Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.0135 pure
CY2011Q4 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
96000000
CY2011Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
15000000
CY2011Q4 us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
1000000
CY2011Q4 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
1995000000
CY2011Q4 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
15000000
CY2011Q4 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
7000000 shares
CY2011Q4 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
155000000
CY2011Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
10.79
CY2011Q4 us-gaap Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
191000000
CY2011Q4 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
10000000
CY2011Q4 wdc Foreign Exchange Contracts Closed During Period
ForeignExchangeContractsClosedDuringPeriod
815000000
CY2011Q4 wdc Foreign Exchange Contracts Opened During Period
ForeignExchangeContractsOpenedDuringPeriod
391000000
CY2011Q4 wdc Interest And Other Expense
InterestAndOtherExpense
5000000
CY2011Q4 wdc Share Based Compensation Fair Value Assumptions Post Vesting Termination Rate
ShareBasedCompensationFairValueAssumptionsPostVestingTerminationRate
0.0248 pure
CY2011Q4 wdc Share Based Compensation Fair Value Assumptions Suboptimal Exercise Factor
ShareBasedCompensationFairValueAssumptionsSuboptimalExerciseFactor
1.80 pure
CY2011Q4 wdc Unusual Or Infrequent Item Net Of Recoveries
UnusualOrInfrequentItemNetOfRecoveries
199000000
CY2012Q3 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
2200000 shares
CY2012Q3 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
31000000
CY2012Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
3000000 shares
CY2012Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
23.00
CY2012Q3 wdc Share Based Compensation Arrangement By Share Based Payment Award Options Cancelled In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsCancelledInPeriod
100000 shares
CY2012Q3 wdc Severance And Other Charges
SeveranceAndOtherCharges
26000000
CY2012Q3 wdc Share Based Compensation Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationOptionsExercisesInPeriodWeightedAverageExercisePrice
16.18
CY2012Q3 wdc Share Based Compensation Options Granted Weighted Average Exercise Price
ShareBasedCompensationOptionsGrantedWeightedAverageExercisePrice
43.10
CY2012Q3 wdc Severance And Other Charges Reserve Beginning Balance
SeveranceAndOtherChargesReserveBeginningBalance
16000000
CY2012Q3 wdc Severance And Other Charges Reserve Settled With Cash
SeveranceAndOtherChargesReserveSettledWithCash
23000000
CY2012Q3 wdc Goodwill Purchase Accounting Adjustments Increase In Deferred Income Tax
GoodwillPurchaseAccountingAdjustmentsIncreaseInDeferredIncomeTax
32000000
CY2012Q3 wdc Goodwill Purchase Accounting Adjustments Decrease In Intangible Assets Non Current
GoodwillPurchaseAccountingAdjustmentsDecreaseInIntangibleAssetsNonCurrent
1000000
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.0016 pure
CY2012Q4 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
1200000 shares
CY2012Q4 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
37000000
CY2012Q4 us-gaap Investment Income Interest
InvestmentIncomeInterest
3000000
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
0.0052 pure
CY2012Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
242000000 shares
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate
0.0047 pure
CY2012Q4 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
51000000
CY2012Q4 us-gaap Debt Instrument Maturity Date
DebtInstrumentMaturityDate
2017-03-08
CY2012Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P4Y2M12D
CY2012Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
468000000
CY2012Q4 us-gaap Income Tax Expense Benefit Continuing Operations
IncomeTaxExpenseBenefitContinuingOperations
133000000
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
25000000
CY2012Q4 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
44000000
CY2012Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
478000000
CY2012Q4 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-6000000
CY2012Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.38
CY2012Q4 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-4000000
CY2012Q4 us-gaap Cost Of Goods Sold
CostOfGoodsSold
2765000000
CY2012Q4 us-gaap Net Income Loss
NetIncomeLoss
335000000
CY2012Q4 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-10000000
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
100000 shares
CY2012Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.36
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
0.0042 pure
CY2012Q4 us-gaap Restricted Stock Expense
RestrictedStockExpense
12000000
CY2012Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
246000000 shares
CY2012Q4 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
4000000 shares
CY2012Q4 us-gaap Gross Profit
GrossProfit
1059000000
CY2012Q4 us-gaap Operating Expenses
OperatingExpenses
581000000
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.0118 pure
CY2012Q4 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
162000000
CY2012Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
133000000
CY2012Q4 us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
-12000000
CY2012Q4 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
3824000000
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
33.88
CY2012Q4 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
24000000
CY2012Q4 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
7000000 shares
CY2012Q4 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
329000000
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
13.08
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0241 pure
CY2012Q4 us-gaap Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
378000000
CY2012Q4 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-2000000
CY2012Q4 wdc Share Based Compensation Arrangement By Share Based Payment Award Options Cancelled In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsCancelledInPeriod
100000 shares
CY2012Q4 wdc Foreign Currency Contracts Maximum Maturity Term
ForeignCurrencyContractsMaximumMaturityTerm
Less than 12 months
CY2012Q4 wdc Product Warranty Period Minimum
ProductWarrantyPeriodMinimum
1 Y
CY2012Q4 wdc Product Warranty Period Maximum
ProductWarrantyPeriodMaximum
5 Y
CY2012Q4 wdc Severance And Other Costs
SeveranceAndOtherCosts
41000000
CY2012Q4 wdc Severance And Other Charges
SeveranceAndOtherCharges
41000000
CY2012Q4 wdc Arbitration Award Interest Rate
ArbitrationAwardInterestRate
0.10 pure
CY2012Q4 wdc Compensation Cost For Cash Settled Stock Appreciation Rights
CompensationCostForCashSettledStockAppreciationRights
4000000
CY2012Q4 wdc Foreign Exchange Contracts Closed During Period
ForeignExchangeContractsClosedDuringPeriod
923000000
CY2012Q4 wdc Foreign Exchange Contracts Opened During Period
ForeignExchangeContractsOpenedDuringPeriod
647000000
CY2012Q4 wdc Grant Date Fair Value Of Shares Underlying Restricted Stock Awards
GrantDateFairValueOfSharesUnderlyingRestrictedStockAwards
3000000
CY2012Q4 wdc Interest And Other Expense
InterestAndOtherExpense
13000000
CY2012Q4 wdc Share Based Compensation Fair Value Assumptions Post Vesting Termination Rate
ShareBasedCompensationFairValueAssumptionsPostVestingTerminationRate
0.0241 pure
CY2012Q4 wdc Share Based Compensation Fair Value Assumptions Suboptimal Exercise Factor
ShareBasedCompensationFairValueAssumptionsSuboptimalExerciseFactor
1.92 pure
CY2012Q4 wdc Share Based Compensation Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationOptionsExercisesInPeriodWeightedAverageExercisePrice
18.56
CY2012Q4 wdc Share Based Compensation Options Granted Weighted Average Exercise Price
ShareBasedCompensationOptionsGrantedWeightedAverageExercisePrice
37.04
CY2012Q4 wdc Severance And Other Charges Reserve Beginning Balance
SeveranceAndOtherChargesReserveBeginningBalance
19000000
CY2012Q4 wdc Severance And Other Charges Reserve Settled With Cash
SeveranceAndOtherChargesReserveSettledWithCash
24000000
CY2012Q4 wdc Severance And Other Charges Reserve Settled Without Cash
SeveranceAndOtherChargesReserveSettledWithoutCash
15000000
CY2012Q4 wdc Severance And Other Charges Equity Expense
SeveranceAndOtherChargesEquityExpense
2000000

Files In Submission

Name View Source Status
0001193125-13-034574-index-headers.html Edgar Link pending
0001193125-13-034574-index.html Edgar Link pending
0001193125-13-034574.txt Edgar Link pending
0001193125-13-034574-xbrl.zip Edgar Link pending
d460828d10q.htm Edgar Link pending
d460828dex102.htm Edgar Link pending
d460828dex311.htm Edgar Link pending
d460828dex312.htm Edgar Link pending
d460828dex321.htm Edgar Link pending
d460828dex322.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
g460828g47t32.jpg Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
wdc-20121228.xml Edgar Link completed
wdc-20121228.xsd Edgar Link pending
wdc-20121228_cal.xml Edgar Link unprocessable
wdc-20121228_def.xml Edgar Link unprocessable
wdc-20121228_lab.xml Edgar Link unprocessable
wdc-20121228_pre.xml Edgar Link unprocessable