Seagate 2009 Annual Report Download - page 129

Table of Contents
ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE
Not applicable.
ITEM 9A. CONTROLS AND PROCEDURES
Conclusions Regarding Disclosure Controls and Procedures
Our chief executive officer and our chief financial officer have concluded, based on the evaluation of the effectiveness of our disclosure
controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) of the Securities Exchange Act of 1934, as amended) by our management,
with the participation of our chief executive officer and our chief financial officer, that our disclosure controls and procedures were effective as
of July 2, 2010.
Management's Report on Internal Control over Financial Reporting
Our management is responsible for establishing and maintaining adequate internal control over financial reporting (as defined in Rules 13a-
15(f) and 15d-15(f) under the Securities Exchange Act of 1934, as amended). Under the supervision and with the participation of our
management, including our chief executive officer and chief financial officer, we conducted an evaluation of the effectiveness of our internal
control over financial reporting based on the framework in Internal Control—Integrated Framework issued by the Committee of Sponsoring
Organizations of the Treadway Commission, or COSO.
Based on our evaluation under the framework in Internal Control—Integrated Framework
, our management has concluded that our internal
control over financial reporting was effective as of July 2, 2010. Our management's assessment of the effectiveness of our internal control over
financial reporting as of July 2, 2010 has been audited by Ernst & Young LLP, an independent registered public accounting firm, as stated in
their report that is included herein.
Changes in Internal Control over Financial Reporting
There were no changes in our internal control over financial reporting during our fourth fiscal quarter that have materially affected, or are
reasonably likely to materially affect, our internal control over financial reporting.
Limitations on the Effectiveness of Controls
Our management, including our chief executive officer and chief financial officer, does not expect that our disclosure controls and
procedures or our internal controls will prevent all errors and all fraud. A control system, no matter how well conceived and operated, can
provide only reasonable, not absolute, assurance that the objectives of the control system are met. Further, the design of a control system must
reflect the fact that there are resource constraints, and the benefits of controls must be considered relative to their costs. Our disclosure controls
and procedures and our internal controls have been designed to provide reasonable assurance of achieving their objectives. Because of the
inherent limitations in all control systems, no evaluation of controls can provide absolute assurance that all control issues and instances of fraud,
if any, within Seagate have been detected. An evaluation was performed under the supervision and with the participation of our management,
including our chief executive officer and chief financial officer, of the effectiveness of the design and operation of our disclosure controls and
procedures as of July 2, 2010. Based on that evaluation, our management, including our chief executive officer and chief financial officer,
concluded that our disclosure controls and procedures were effective at the reasonable assurance level.
ITEM 9B. OTHER INFORMATION
None.
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