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TableofContents
SEAGATETECHNOLOGYPLC
CONSOLIDATEDSTATEMENTSOFCASHFLOWS
(Inmillions)

Seenotestoconsolidatedfinancialstatements.
66
 FiscalYearsEnded
 
July1,
2016
July3,
2015
June27,
2014
OPERATINGACTIVITIES       
Netincome  $ 248 $ 1,742 $ 1,570
Adjustmentstoreconcilenetincometonetcashprovidedbyoperatingactivities:       
Depreciationandamortization   815  841  879
Share-basedcompensation   120  137  118
(Gain)lossonredemptionandrepurchaseofdebt   (3)  74 81
Gainonsaleofinvestments   —  —  (32)
Loss(gain)onsaleofpropertyandequipment   —  2  (4)
Impairmentoflong-livedassets   26  —  —
Deferredincometaxes   (2)  2 (67)
Othernon-cashoperatingactivities,net   12  (9)  14
Changesinoperatingassetsandliabilities:       
Restrictedcashandinvestments   —  (3)  104
Accountsreceivable,net   464  (2)  4
Inventories   145  29  (20)
Accountspayable  (24)  (58) (190)
Accruedemployeecompensation  (78)  (40) (55)
Accruedexpenses,incometaxesandwarranty (42)  (112)  (80)
Vendornon-tradereceivables   —  47  217
Otherassetsandliabilities   (1)  (3)  19
Netcashprovidedbyoperatingactivities   1,680  2,647  2,558
INVESTINGACTIVITIES       
Acquisitionofproperty,equipmentandleaseholdimprovements  (587)  (747) (559)
Proceedsfromthesaleofpropertyandequipment   —  —  3
Proceedsfromthesaleofstrategicinvestments   1  —  72
Purchasesofshort-terminvestments   —  (5)  (88)
Salesofshort-terminvestments   —  4  508
Maturitiesofshort-terminvestments   —  19  61
Cashusedinacquisitionofbusinesses,netofcashacquired  (634)  (453) (285)
Otherinvestingactivities,net 9 (105)  (34)
Netcashusedininvestingactivities (1,211)  (1,287)  (322)
FINANCINGACTIVITIES       
Netproceedsfromissuanceoflong-termdebt   —  1,196  1,781
Redemptionandrepurchaseofdebt (22)  (1,026)  (725)
Taxespaidrelatedtonetsharesettlementofequityawards   (56) —  —
Repurchasesofordinaryshares (1,090)  (1,087)  (1,912)
Dividendstoshareholders  (727)  (664) (557)
Proceedsfromissuanceofordinarysharesunderemployeestockplans   79  98  107
Otherfinancingactivities,net   (4)  (12)  (5)
Netcashusedinfinancingactivities (1,820)  (1,495)  (1,311)
Effectofforeigncurrencyexchangeratechangesoncashandcashequivalents   (3)  (20)  1
(Decrease)increaseincashandcashequivalents (1,354)  (155)  926
Cashandcashequivalentsatthebeginningoftheyear   2,479  2,634  1,708
Cashandcashequivalentsattheendoftheyear  $ 1,125 $ 2,479 $ 2,634
SupplementalDisclosureofCashFlowInformation       
Cashpaidforinterest  $ 200 $ 216 $ 198
Cashpaidforincometaxes,netofrefunds  $ 40 $ 285 $ 50