Seagate Technology Holdings plc (STX) FY2025 YTD Q3 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2024-06-29 to 2025-03-28

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Seagate Technology Holdings plc cash flow reconciliation, Jun 29, 2024 through Mar 28, 2025One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Net income (loss) → Net cash from operating activities: $575,000,000.00Net income (loss) → Operating adjustments reconciliation: $406,000,000.00Depreciation and amortization → Operating adjustments reconciliation: $190,000,000.00Share-based compensation → Operating adjustments reconciliation: $141,000,000.00Accrued employee compensation → Operating adjustments reconciliation: $116,000,000.00Other non-cash operating activities, net → Operating adjustments reconciliation: $109,000,000.00Deferred income taxes → Operating adjustments reconciliation: $8,000,000.00Net loss from debt transactions → Operating adjustments reconciliation: $4,000,000.00Operating adjustments reconciliation → Accounts payable: $331,000,000.00Operating adjustments reconciliation → Inventories, net: $233,000,000.00Operating adjustments reconciliation → Accounts receivable, net: $193,000,000.00Operating adjustments reconciliation → Other assets and liabilities: $100,000,000.00Operating adjustments reconciliation → Accrued expenses, income taxes and warranty: $72,000,000.00Operating adjustments reconciliation → BIS settlement penalty: $45,000,000.00Proceeds from business divestiture → investing reconciliation: $25,000,000.00Proceeds from sale of investments → investing reconciliation: $10,000,000.00Proceeds from the sale of assets → investing reconciliation: $1,000,000.00investing reconciliation → Acquisition of property, equipment and leasehold improvements: $182,000,000.00Net cash used in financing activities → financing reconciliation: $973,000,000.00Proceeds from issuance of ordinary shares under employee stock plans → financing reconciliation: $56,000,000.00financing reconciliation → Redemption and repurchase of debt: $531,000,000.00financing reconciliation → Dividends to shareholders: $447,000,000.00financing reconciliation → Taxes paid related to net share settlement of equity awards: $44,000,000.00financing reconciliation → Other financing activities, net: $7,000,000.00Net cash used in investing activities → investing reconciliation: $146,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $1,360,000,000.00Net cash from operating activities → Cash sources and uses: $575,000,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $816,000,000.00Cash sources and uses → Net cash used in investing activities: $146,000,000.00Cash sources and uses → Net cash used in financing activities: $973,000,000.00BIS settlement penalty: -$45,000,000.00BIS settlement penalty−$45.00 MInventories, net: -$233,000,000.00Inventories−$233.00 MOther assets and liabilities: -$100,000,000.00Other working capital, net−$100.00 MNet loss from debt transactions: $4,000,000.00Net loss from debt transactions+$4.00 MOther non-cash operating activities, net: $109,000,000.00Other non-cash items+$109.00 MShare-based compensation: $141,000,000.00Stock-based compensation+$141.00 MDepreciation and amortization: $190,000,000.00Depreciation & amortization+$190.00 MDeferred income taxes: $8,000,000.00Deferred income taxes+$8.00 MNet income (loss): $981,000,000.00Net income (loss)+$981.00 MAccrued expenses, income taxes and warranty: -$72,000,000.00Other accrued liabilities−$72.00 MAccrued employee compensation: $116,000,000.00Accrued compensation+$116.00 MAccounts receivable, net: -$193,000,000.00Accounts receivable−$193.00 MAccounts payable: -$331,000,000.00Accounts payable−$331.00 MNet cash from operating activities: $575,000,000.00Operating cash+$575.00 MOperating adjustments reconciliation: $974,000,000.00Redemption and repurchase of debt: -$531,000,000.00Long-term debt repaid−$531.00 MProceeds from issuance of ordinary shares under employee stock plans: $56,000,000.00Employee stock plans & options+$56.00 MOther financing activities, net: -$7,000,000.00Other financing, net−$7.00 MProceeds from issuance of long-term debt: $0.00Dividends to shareholders: -$447,000,000.00Common dividends paid−$447.00 MTaxes paid related to net share settlement of equity awards: -$44,000,000.00Stock-award tax withholding−$44.00 MNet cash used in financing activities: -$973,000,000.00. Cash required to fund net payments.Financing cash−$973.00 Mfinancing reconciliation: $1,029,000,000.00Proceeds from the sale of assets: $1,000,000.00Other asset sales+$1.00 MProceeds from business divestiture: $25,000,000.00Business sales+$25.00 MProceeds from sale of investments: $10,000,000.00Investing asset sales+$10.00 MAcquisition of property, equipment and leasehold improvements: -$182,000,000.00PP&E purchases−$182.00 MNet cash used in investing activities: -$146,000,000.00. Cash required to fund net payments.Investing cash−$146.00 Minvesting reconciliation: $182,000,000.00Cash sources and uses: $1,935,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $1,360,000,000.00Beginning cash$1.36 BEnding cash: Cash, cash equivalents, and restricted cash: $816,000,000.00Ending cash$816.00 MCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsFree cash flow$393.00 MOperating cash − cash spent on PP&ECash flow / Net income0.59×Operating cash flow ÷ net incomeNet cash change−$544.00 MEnding cash − beginning cash
Chart details

Seagate Technology Holdings plc cash flow reconciliation, Jun 29, 2024 through Mar 28, 2025

Cash flows for Jun 29, 2024 through Mar 28, 2025. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Jun 28, 2024. Ending cash: Mar 28, 2025. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Jun 28, 2024
1,360,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
575,000,000 US dollars. Net cash provided.
Net income (loss)
981,000,000 US dollars
BIS settlement penalty
negative 45,000,000 US dollars
Inventories, net
negative 233,000,000 US dollars
Other assets and liabilities
negative 100,000,000 US dollars
Net loss from debt transactions
4,000,000 US dollars
Other non-cash operating activities, net
109,000,000 US dollars
Share-based compensation
141,000,000 US dollars
Depreciation and amortization
190,000,000 US dollars
Deferred income taxes
8,000,000 US dollars
Accrued expenses, income taxes and warranty
negative 72,000,000 US dollars
Accrued employee compensation
116,000,000 US dollars
Accounts receivable, net
negative 193,000,000 US dollars
Accounts payable
negative 331,000,000 US dollars
Investing activities
negative 146,000,000 US dollars. Net cash used.
Proceeds from the sale of assets
1,000,000 US dollars
Proceeds from business divestiture
25,000,000 US dollars
Proceeds from sale of investments
10,000,000 US dollars
Acquisition of property, equipment and leasehold improvements
negative 182,000,000 US dollars
Financing activities
negative 973,000,000 US dollars. Net cash used.
Redemption and repurchase of debt
negative 531,000,000 US dollars
Proceeds from issuance of ordinary shares under employee stock plans
56,000,000 US dollars
Other financing activities, net
negative 7,000,000 US dollars
Proceeds from issuance of long-term debt
0 US dollars
Dividends to shareholders
negative 447,000,000 US dollars
Taxes paid related to net share settlement of equity awards
negative 44,000,000 US dollars
Operating adjustment reconciliation
974,000,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
1,029,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
182,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
0 US dollars
Ending cash on Mar 28, 2025
816,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
1,935,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
negative 544,000,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
0.59×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
Operating cash flow
575,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
182,000,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
393,000,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income exceeds operating cash. The diagram allocates $575.00M of net income directly to operating cash and $406.00M to the adjustment junction, where it combines with other additions to reconcile deductions. This is an accounting presentation, not a tracing of cash receipts.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 575,000,000 US dollars minus 182,000,000 US dollars equals 393,000,000 US dollars.
Seagate Technology Holdings plc (STX) FY2025 YTD Q3 Statement of Cash Flows Sankey chart
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