# WESTERN DIGITAL CORPORATION (WDC) FY2025 Annual Statement of Cash Flows

- Company: WESTERN DIGITAL CORPORATION (WDC)
- Period: 2024-06-29 to 2025-06-27
- Filing: FY2025 10-K, filed 2025-08-14, accession number 0000106040-25-000038
- Page: https://plicit.ai/financials/wdc/fy2025-annual-cash-flow
- Chart image: https://plicit.ai/charts/wdc-fy2025-annual-cash-flow-sankey.png

## Chart details

Cash flows for Jun 29, 2024 through Jun 27, 2025. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Jun 28, 2024. Ending cash: Jun 27, 2025. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

- **Beginning cash on Jun 28, 2024**: 1,879,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
- **Operating activities**: 1,691,000,000 US dollars. Net cash provided.
- **Net income (loss)**: 1,889,000,000 US dollars
- **Stock-based compensation**: 265,000,000 US dollars
- **Amortization of debt issuance costs and discounts**: 23,000,000 US dollars
- **Accounts receivable, net**: 79,000,000 US dollars
- **Depreciation and amortization**: 451,000,000 US dollars
- **Other assets and liabilities, net**: negative 905,000,000 US dollars
- **Accounts payable**: 307,000,000 US dollars
- **Gain on disposal of assets**: negative 2,000,000 US dollars
- **Accrued expenses**: negative 366,000,000 US dollars
- **Deferred income taxes**: negative 745,000,000 US dollars
- **Inventories**: negative 409,000,000 US dollars
- **Other non-cash operating activities, net**: 80,000,000 US dollars
- **Accounts payable to related parties**: negative 39,000,000 US dollars
- **Gain on business divestiture**: negative 113,000,000 US dollars
- **Accrued compensation**: negative 46,000,000 US dollars
- **Income taxes payable**: 348,000,000 US dollars
- **Non-cash asset impairment**: 2,000,000 US dollars
- **Loss on retained interest in Sandisk**: 772,000,000 US dollars
- **Loss on extinguishment of debt**: 100,000,000 US dollars
- **Investing activities**: 150,000,000 US dollars. Net cash provided.
- **Strategic investments and other, net**: 8,000,000 US dollars
- **Notes receivable proceeds from Flash Ventures**: 239,000,000 US dollars
- **Proceeds from business divestiture**: 401,000,000 US dollars
- **Notes receivable issuances to Flash Ventures**: negative 266,000,000 US dollars
- **Proceeds from the sale of property, plant and equipment**: 5,000,000 US dollars
- **Purchases of property, plant and equipment**: negative 412,000,000 US dollars
- **Distribution from Flash Ventures**: 175,000,000 US dollars
- **Financing activities**: negative 1,612,000,000 US dollars. Net cash used.
- **Proceeds from debt issuance**: 2,150,000,000 US dollars
- **Repayment of debt**: negative 2,094,000,000 US dollars
- **Issuance of stock under employee stock plans**: 77,000,000 US dollars
- **Debt issuance costs**: negative 73,000,000 US dollars
- **Taxes paid on vested stock awards under employee stock plans**: negative 113,000,000 US dollars
- **Proceeds from convertible preferred stock, net of issuance costs**: 0 US dollars
- **Purchase of capped calls**: 0 US dollars
- **Repurchases of debt**: 0 US dollars
- **Cash transferred to Sandisk related to Separation**: negative 1,366,000,000 US dollars
- **Repurchases of common stock**: negative 149,000,000 US dollars
- **Dividends paid to shareholders**: negative 44,000,000 US dollars
- **Operating adjustment reconciliation**: 2,625,000,000 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**: 3,839,000,000 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**: 828,000,000 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**: 6,000,000 US dollars
- **Ending cash on Jun 27, 2025**: 2,114,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
- **Cash sources and uses**: 3,726,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
- **Net cash change**: 235,000,000 US dollars. Ending cash minus beginning cash.
- **Cash flow / Net income**: 0.895×. 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**: 1,691,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
- **Cash purchases of property, plant and equipment**: 412,000,000 US dollars. These cash purchases are already included in investing activities above.
- **Free cash flow**: 1,279,000,000 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 $1.69B of net income directly to operating cash and $198.00M 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: 1,691,000,000 US dollars minus 412,000,000 US dollars equals 1,279,000,000 US dollars.