Seagate 2012 Annual Report Download - page 65

Table of Contents
ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA
SEAGATE TECHNOLOGY PLC
CONSOLIDATED BALANCE SHEETS
(In millions, except share and per share data)
See notes to consolidated financial statements.
61
June 28,
2013
June 29,
2012
ASSETS
Current assets:
Cash and cash equivalents
$
1,708
$
1,707
Short
-
term investments
480
411
Restricted cash and investments
101
93
Accounts receivable, net
1,670
2,319
Inventories
854
909
Deferred income taxes
115
104
Other current assets
484
767
Total current assets
5,412
6,310
Property, equipment and leasehold improvements, net
2,269
2,284
Goodwill
476
463
Other intangible assets
405
506
Deferred income taxes
456
396
Other assets, net
225
147
Total Assets
$
9,243
$
10,106
LIABILITIES AND EQUITY
Current liabilities:
Accounts payable
$
1,690
$
2,286
Accrued employee compensation
335
344
Accrued warranty
176
235
Accrued expenses
407
531
Current portion of long
-
term debt
3
—
Total current liabilities
2,611
3,396
Long
-
term accrued warranty
144
128
Long
-
term accrued income taxes
87
84
Other non
-
current liabilities
121
138
Long
-
term debt, less current portion
2,774
2,863
Total Liabilities
5,737
6,609
Commitments and contingencies (See Notes 14 and 15)
Equity:
Seagate Technology plc shareholders' equity:
Preferred shares, $0.00001 par value per share—
100 million authorized; no
shares issued or outstanding
—
—
Ordinary shares, $0.00001 par value per share—1,250 million authorized;
359,437,036 issued and outstanding at June 28, 2013 and 396,032,905
issued and outstanding at June 29, 2012
—
—
Additional paid
-
in capital
5,286
4,950
Accumulated other comprehensive loss
(13
)
(9
)
Accumulated deficit
(1,778
)
(1,444
)
Total Seagate Technology plc Shareholders' Equity
3,495
3,497
Noncontrolling interest
11
—
Total Equity
3,506
3,497
Total Liabilities and Equity
$
9,243
$
10,106