Stock Analysis on Net

Western Digital Corp. (NASDAQ:WDC)

This company has been moved to the archive! The financial data has not been updated since February 12, 2024.

Balance Sheet: Assets
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Western Digital Corp., consolidated balance sheet: assets (quarterly data)

US$ in millions

Microsoft Excel
Dec 29, 2023 Sep 29, 2023 Jun 30, 2023 Mar 31, 2023 Dec 30, 2022 Sep 30, 2022 Jul 1, 2022 Apr 1, 2022 Dec 31, 2021 Oct 1, 2021 Jul 2, 2021 Apr 2, 2021 Jan 1, 2021 Oct 2, 2020 Jul 3, 2020 Apr 3, 2020 Jan 3, 2020 Oct 4, 2019 Jun 28, 2019 Mar 29, 2019 Dec 28, 2018 Sep 28, 2018 Jun 29, 2018 Mar 30, 2018 Dec 29, 2017 Sep 29, 2017
Cash and cash equivalents 2,481 2,032 2,023 2,220 1,871 2,049 2,327 2,505 2,531 3,290 3,370 2,734 2,956 2,995 3,048 2,943 3,137 3,248 3,455 3,682 4,013 4,646 5,005 4,963 6,272 6,886
Accounts receivable, net 1,523 1,451 1,598 1,591 1,905 2,422 2,804 2,353 2,743 2,446 2,257 1,905 1,833 2,097 2,379 1,978 1,791 1,448 1,204 1,223 1,715 2,219 2,197 2,011 2,052 2,101
Inventories 3,216 3,497 3,698 3,979 3,773 3,862 3,638 3,661 3,647 3,544 3,616 3,683 3,576 3,355 3,070 3,091 3,122 3,287 3,283 3,440 3,427 3,119 2,944 2,670 2,281 2,302
Other current assets 618 597 567 693 832 738 684 659 614 576 514 710 744 558 551 541 577 517 535 557 587 587 492 520 508 531
Current assets 7,838 7,577 7,886 8,483 8,381 9,071 9,453 9,178 9,535 9,856 9,757 9,032 9,109 9,005 9,048 8,553 8,627 8,500 8,477 8,902 9,742 10,571 10,638 10,164 11,113 11,820
Property, plant and equipment, net 3,315 3,371 3,620 3,668 3,688 3,718 3,670 3,488 3,367 3,260 3,188 3,061 2,918 2,897 2,854 2,735 2,722 2,796 2,843 3,031 3,077 3,054 3,095 3,011 3,054 3,048
Notes receivable and investments in Flash Ventures 1,344 1,245 1,297 1,379 1,357 1,219 1,396 1,417 1,553 1,646 1,586 1,694 1,858 1,746 1,875 2,157 2,321 2,629 2,791 2,403 2,318 2,028 2,105 2,160 1,845 1,462
Goodwill 10,037 10,035 10,037 10,041 10,041 10,037 10,041 10,061 10,065 10,066 10,066 10,066 10,071 10,069 10,067 10,066 10,069 10,090 10,076 10,075 10,074 10,072 10,075 10,079 10,076 10,073
Other intangible assets, net 79 80 80 97 135 174 213 252 300 364 442 519 596 758 941 1,126 1,311 1,514 1,711 1,918 2,148 2,404 2,680 2,956 3,230 3,545
Other non-current assets 1,772 1,693 1,509 1,483 1,445 1,467 1,486 1,303 1,205 1,199 1,093 1,037 1,000 927 877 872 810 751 472 584 580 576 642 634 522 557
Non-current assets 16,547 16,424 16,543 16,668 16,666 16,615 16,806 16,521 16,490 16,535 16,375 16,377 16,443 16,397 16,614 16,956 17,233 17,780 17,893 18,011 18,197 18,134 18,597 18,840 18,727 18,685
Total assets 24,385 24,001 24,429 25,151 25,047 25,686 26,259 25,699 26,025 26,391 26,132 25,409 25,552 25,402 25,662 25,509 25,860 26,280 26,370 26,913 27,939 28,705 29,235 29,004 29,840 30,505

Based on: 10-Q (reporting date: 2023-12-29), 10-Q (reporting date: 2023-09-29), 10-K (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-Q (reporting date: 2022-12-30), 10-Q (reporting date: 2022-09-30), 10-K (reporting date: 2022-07-01), 10-Q (reporting date: 2022-04-01), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-10-01), 10-K (reporting date: 2021-07-02), 10-Q (reporting date: 2021-04-02), 10-Q (reporting date: 2021-01-01), 10-Q (reporting date: 2020-10-02), 10-K (reporting date: 2020-07-03), 10-Q (reporting date: 2020-04-03), 10-Q (reporting date: 2020-01-03), 10-Q (reporting date: 2019-10-04), 10-K (reporting date: 2019-06-28), 10-Q (reporting date: 2019-03-29), 10-Q (reporting date: 2018-12-28), 10-Q (reporting date: 2018-09-28), 10-K (reporting date: 2018-06-29), 10-Q (reporting date: 2018-03-30), 10-Q (reporting date: 2017-12-29), 10-Q (reporting date: 2017-09-29).


Assets: Selected Items

Balance sheet item Description The company
Current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Western Digital Corp. current assets decreased from Q4 2023 to Q1 2024 but then increased from Q1 2024 to Q2 2024 not reaching Q4 2023 level.
Property, plant and equipment, net Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Western Digital Corp. property, plant and equipment, net decreased from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024.
Non-current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. Western Digital Corp. non-current assets decreased from Q4 2023 to Q1 2024 but then increased from Q1 2024 to Q2 2024 exceeding Q4 2023 level.
Total assets Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Western Digital Corp. total assets decreased from Q4 2023 to Q1 2024 but then increased from Q1 2024 to Q2 2024 not reaching Q4 2023 level.

Current Assets: Selected Items

Balance sheet item Description The company
Cash and cash equivalents Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Western Digital Corp. cash and cash equivalents increased from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024.
Accounts receivable, net Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection. Western Digital Corp. accounts receivable, net decreased from Q4 2023 to Q1 2024 but then slightly increased from Q1 2024 to Q2 2024.
Inventories Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. Western Digital Corp. inventories decreased from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024.