Seagate 2009 Annual Report Download - page 94

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Table of Contents
SEAGATE TECHNOLOGY
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
The 2.375% Notes and 5.75% Debentures are included in future principal payments on debt for fiscal year 2011 in the table below. At
July 2, 2010, future principal payments on short-term and long-term debt were as follows (in millions):
The following illustrates the retrospective impact of implementing the provisions of the change in accounting for convertible debt on the
previously stated Consolidated Statement of Operations for the fiscal years ended July 3, 2009 and June 27, 2008:
There was no net impact resulting from this accounting change on the Company's cash flows from operating activities, investing activities
or financing activities as reflected in the Consolidated Statements of Cash Flows.
88
Fiscal Year
2011
$
359
2012
560
2013
—
2014
430
2015
—
Thereafter
1,200
$
2,549
Retrospective Impact on the Consolidated Statement of Operations
Fiscal Year Ended July 3, 2009 Fiscal Year Ended June 27, 2008
(Dollars in millions)
As
Originally
Stated
Effect of
Change in
Accounting Restated
As
Originally
Stated
Effect of
Change in
Accounting Restated
Impairment of goodwill
and long
-
lived assets
$
2,290
$
30
$
2,320
$
—
$
—
$
—
Interest expense
(134
)
(9
)
(143
)
(126
)
(11
)
(137
)
Net income (loss)
(3,086
)
(39
)
(3,125
)
1,262
(11
)
1,251
Net income (loss) per
share:
Basic
$
(6.32
)
$
(0.08
)
$
(6.40
)
$
2.46
$
(0.02
)
$
2.44
Diluted
(6.32
)
(0.08
)
(6.40
)
2.36
(0.02
)
2.34