# WESTERN DIGITAL CORPORATION (WDC) FY2025 YTD Q3 Statement of Cash Flows

- Company: WESTERN DIGITAL CORPORATION (WDC)
- Period: 2024-06-29 to 2025-03-28
- Filing: Q3 FY2025 10-Q, filed 2025-05-02, accession number 0000106040-25-000026
- Page: https://plicit.ai/financials/wdc/fy2025-ytd-q3-cash-flow
- Chart image: https://plicit.ai/charts/wdc-fy2025-ytd-q3-cash-flow-sankey.png

## Chart details

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**: 1,879,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
- **Operating activities**: 945,000,000 US dollars. Net cash provided.
- **Net income (loss) from continuing operations**: 1,607,000,000 US dollars
- **Stock-based compensation**: 220,000,000 US dollars
- **Income taxes payable**: negative 80,000,000 US dollars
- **Accrued expenses**: negative 316,000,000 US dollars
- **Deferred income taxes**: negative 682,000,000 US dollars
- **Other assets and liabilities, net**: negative 593,000,000 US dollars
- **Gain on disposal of assets**: negative 3,000,000 US dollars
- **Inventories**: negative 429,000,000 US dollars
- **Amortization of debt issuance costs and discounts**: 21,000,000 US dollars
- **Accrued compensation**: negative 131,000,000 US dollars
- **Other non-cash operating activities, net**: 75,000,000 US dollars
- **Accounts payable**: 341,000,000 US dollars
- **Accounts payable to related parties**: negative 39,000,000 US dollars
- **Accounts receivable, net**: 96,000,000 US dollars
- **Depreciation and amortization**: 365,000,000 US dollars
- **Asset impairment**: 0 US dollars
- **Gain on repurchase of debt**: 0 US dollars
- **Gain on business divestiture**: negative 113,000,000 US dollars
- **Unrealized loss on retained interest in Sandisk**: 606,000,000 US dollars
- **Investing activities**: 220,000,000 US dollars. Net cash provided.
- **Notes receivable issuances to Flash Ventures**: negative 266,000,000 US dollars
- **Purchases of property, plant and equipment**: negative 341,000,000 US dollars
- **Strategic investments and other, net**: 7,000,000 US dollars
- **Proceeds from the sale of property, plant and equipment**: 5,000,000 US dollars
- **Notes receivable proceeds from Flash Ventures**: 239,000,000 US dollars
- **Net proceeds from business divestiture**: 401,000,000 US dollars
- **Distribution from Flash Ventures**: 175,000,000 US dollars
- **Financing activities**: 430,000,000 US dollars. Net cash provided.
- **Repayments of debt**: negative 257,000,000 US dollars
- **Proceeds from debt**: 2,150,000,000 US dollars
- **Taxes paid on vested stock awards under employee stock plans**: negative 92,000,000 US dollars
- **Convertible preferred stock issuance costs**: 0 US dollars
- **Issuance of stock under employee stock plans**: 69,000,000 US dollars
- **Purchase of capped calls**: 0 US dollars
- **Repurchases of debt**: 0 US dollars
- **Debt issuance costs**: negative 74,000,000 US dollars
- **Cash transferred to Sandisk related to Separation**: negative 1,366,000,000 US dollars
- **Operating adjustment reconciliation**: 2,386,000,000 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**: 2,219,000,000 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**: 827,000,000 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**: 3,000,000 US dollars
- **Ending cash on Mar 28, 2025**: 3,477,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
- **Cash sources and uses**: 3,477,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
- **Net cash change**: 1,598,000,000 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**: 945,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
- **Cash purchases of property, plant and equipment**: 341,000,000 US dollars. These cash purchases are already included in investing activities above.
- **Free cash flow**: 604,000,000 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 $945.00M of net income directly to operating cash and $662.00M 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: 945,000,000 US dollars minus 341,000,000 US dollars equals 604,000,000 US dollars.