Financial Statements

Western Digital Corporation (WDC)

$39.71

+1.86 (+4.91%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands , Years are calendar years not fiscal years

Retained Earning Schedule

Year 2022 2021 2020 2019 2018
Retained Earnings (Previous Year) 7,5396,7257,4498,757-
Net Income 1,500821-250-754675
Stock Dividends --7121308,675
Dividend Paid ---595-584-593
Retained Earnings 9,0397,5396,7257,4498,757

PPE Schedule

Year 2022 2021 2020 2019 2018
Gross PPE 3,1882,8542,8433,095-
Annual Depreciation 1,5891,4806586243,930
Capital Expenditure -1,107-1,146-647-876-835
Net PPE 3,6703,1882,8542,8433,095

Intangible and Goodwill Schedule

Year 2022 2021 2020 2019 2018
Intangible and Goodwill (Previous Year) -10,07510,07610,06710,066
New Purchases -89-79---
Intangible and Goodwill 10,07510,07610,06710,06610,041

Western Digital Corporation income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Western Digital Corporation FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.