Western Digital 2007 Annual Report Download - page 56

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WESTERN DIGITAL CORPORATION
CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY and COMPREHENSIVE INCOME
(in millions)
Shares Amount Shares Amount
Additional
Paid-In
Capital
Accumulated
Comprehensive
Income (Loss)
Retained
Earnings
(Accumulated
Deficit)
Total
Shareholders’
Equity
Total
Comprehensive
Income
Common Stock Treasury Stock
Balance at July 2, 2004.......................... 209 $2 (3) $(29) $714 $— $(200) $ 487 $150
Employee Stock Plans .......................... 4 7 57 57
Deferred compensation ......................... 2 5 5
Repurchase of common stock ..................... (5) (45) (45)
Net income ................................. 196 196 $196
Unrealized gain (loss) on foreign currency contracts ..... — — —
Balance at July 1, 2005.......................... 215 2 (1) (12) 714 — (4) 700 $196
Employee Stock Plans .......................... 6 4 50 29 79
Deferred compensation ......................... 1 4 11 15
Stock based compensation ....................... 21 21
Repurchase of common stock ..................... (4) (54) (54)
Net income ................................. 395 395 $395
Unrealized gain on foreign currency contracts ......... 1 1 1
Balance at June 30, 2006 ........................ 222 2 (1) (12) 775 1 391 1,157 $396
Employee Stock Plans .......................... 1 3 50 (12) 38
Deferred compensation ......................... 2 (1) (16) 30 14
Stock based compensation ....................... 18 18
Repurchase of common stock ..................... (4) (73) (73)
Net income ................................. 564 564 $564
Unrealized gain on foreign currency contracts ......... (2) (2) (2)
Balance at June 29, 2007 ........................ 225 $2 (3) $(51) $811 $ (1) $ 955 $1,716 $562
The accompanying notes are an integral part of these consolidated financial statements.
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