Seagate 2015 Annual Report Download - page 79
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TableofContents
SEAGATETECHNOLOGYPLC
NOTESTOCONSOLIDATEDFINANCIALSTATEMENTS—(Continued)
Activityintheallowancefordoubtfulaccountsisasfollows:
Inventories
Thefollowingtableprovidesdetailsoftheinventorybalancesheetitem:
OtherCurrentAssets
Thefollowingtableprovidesdetailsoftheothercurrentassetsbalancesheetitem:
Othercurrentassetsincludenon-tradereceivablesfromcertainmanufacturingvendorsresultingfromthesaleofcomponentstothesevendorswho
manufacturecompletedsub-assembliesorfinishedgoodsfortheCompany.TheCompanydoesnotreflectthesaleofthesecomponentsinrevenueanddoesnot
recognizeanyprofitsonthesesales.Thecostsofthecompletedsub-assembliesareincludedininventoryuponpurchasefromthevendors.
76
(Dollarsinmillions)
Balanceat
Beginningof
Period
Charges
(Credit)to
Operations
Deductions
(a)
Balanceat
Endof
Period
FiscalyearendedJune27,2014 $ 8 4 — $ 12
FiscalyearendedJuly3,2015 $ 12 — (3) $ 9
FiscalyearendedJuly1,2016 $ 9 1 (1) $ 9
(a) Uncollectibleaccountswrittenoff,netofrecoveries.
(Dollarsinmillions)
July1,
2016
July3,
2015
Rawmaterialsandcomponents $ 307 $ 352
Work-in-process 297 239
Finishedgoods 264 402
$ 868 $ 993
(Dollarsinmillions)
July1,
2016
July3,
2015
Vendornon-tradereceivables $ 66 $ 66
Other 150 167
$ 216 $ 233