Seagate 2012 Annual Report Download - page 118

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Table of Contents
SEAGATE TECHNOLOGY PLC
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
$333 million, respectively, related to purchases of various components. The Company had accounts payable to LSI of $79 million and
$455 million at June 28, 2013 and June 29, 2012, respectively.
Microsoft Corporation ("Microsoft") The Company recorded revenue of $141 million and $54 million from sales to Microsoft for fiscal
year 2013 and 2012, respectively. The Company made payments to Microsoft in fiscal year 2013 and 2012 of $2 million and $24 million,
respectively, related to purchases of licensed software. The Company had accounts receivable from Microsoft of $33 million and $39 million at
June 28, 2013 and June 29, 2012.
18. Subsequent Events
July 2013 Stock Repurchase Program
The Board of Directors has authorized the Company to repurchase up to $2.5 billion of its outstanding ordinary shares (the "July 2013
Authorization").
110