WESTERN DIGITAL CORPORATION
CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY AND COMPREHENSIVE INCOME
(in millions)
Additional
Paid-In
Capital
Accumulated Other
Comprehensive
Income (Loss)
Retained
Earnings
Total
Shareholders'
Equity
Total
Comprehensive
Income
Common Stock Treasury Stock
Shares Amount Shares Amount
Balance at July 3, 2009 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 225
$2
--
$ --
$ 896
$ 2
$2,292
$3,192
$ 484
Employee stock plans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
6
62
62
Stock based compensation . . . . . . . . . . . . . . . . . . . . . . . . . . . .
60
60
Increase in excess tax benefits from employee stock plans . . . .
4
4
Net income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1,382
1,382
$1,382
Unrealized gain on foreign exchange contracts . . . . . . . . . . . .
9
9
9
Balance at July 2, 2010 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 231
$2
--
$ --
$1,022
$ 11
$3,674
$4,709
$1.391
Employee stock plans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2
2
50
50
Stock based compensation . . . . . . . . . . . . . . . . . . . . . . . . . . . .
69
69
Repurchase of common stock . . . . . . . . . . . . . . . . . . . . . . . . .
(2)
(50)
(50)
Net income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
726
726
$ 726
Unrealized loss on foreign exchange contracts . . . . . . . . . . . . .
(16)
(16)
(16)
Balance at July 1, 2011 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 233
$2
--
$ --
$1,091
$ (5)
$4,400
$5,488
$ 710
Employee stock plans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
3
1
50
9
59
Stock based compensation . . . . . . . . . . . . . . . . . . . . . . . . . . . .
92
92
Common stock issued in connection with acquisition . . . . . . .
25
1
876
877
Stock awards assumed in acquisition . . . . . . . . . . . . . . . . . . . .
73
73
Increase in excess tax benefits from employee stock plans . . . .
82
82
Repurchase of common stock . . . . . . . . . . . . . . . . . . . . . . . . .
(16)
(604)
(604)
Net income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1,612
1,612
$1,612
Actuarial pension loss . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(3)
(3)
(3)
Translation gain . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4
4
4
Unrealized loss on foreign exchange contracts . . . . . . . . . . . . .
(11)
(11)
(11)
Balance at June 29, 2012 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 261
$3
(15) $(554) $2,223
$(15)
$6,012
$7,669
$1,602
The accompanying notes are an integral part of these consolidated financial statements.
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