Seagate 2003 Annual Report Download - page 87

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Table of Contents
SEAGATE TECHNOLOGY
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
The following tables summarize the Company’s operations by business segment:
On a separate basis, in conformity with accounting principles generally accepted in the United States, XIOtech had net losses of $9
million and $51 million in fiscal years 2003 and 2002, respectively.
The following table summarizes the Company’s operations by geographic area:
86
Fiscal Years Ended
July 2,
2004
June 27,
2003
June 28,
2002
(in millions)
Revenue and Gross Profit
Revenue:
Rigid Disc Drives
$
6,224
$
6,464
$
6,023
Other
—
24
74
Eliminations
—
(
2
)
(10
)
Consolidated
$
6,224
$
6,486
$
6,087
Gross Profit:
Rigid Disc Drives
$
1,459
$
1,715
$
1,558
Other
—
12
35
Consolidated
$
1,459
$
1,727
$
1,593
Total Assets
Rigid Disc Drives
$
3,942
$
3,522
Eliminations
—
(
5
)
Consolidated
$
3,942
$
3,517
Fiscal Years Ended
July 2,
2004
June 27,
2003
June 28,
2002
(in millions)
Revenue from external customers (1):
United States
$
1,866
$
2,151
$
2,398
The Netherlands
1,558
1,562
1,438
Singapore
2,319
2,137
1,627
Other
481
636
624
Consolidated
$
6,224
$
6,486
$
6,087
Long
-
lived assets:
United States
$
574
$
504
$
805
Singapore
438
287
204
Other
469
444
124
Consolidated
$
1,481
$
1,235
$
1,133
(1)
Revenue is attributed to countries based on the shipping location.