Western Digital 2013 Annual Report Download - page 5

Download and view the complete annual report

Please find page 5 of the 2013 Western Digital annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 116

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116

In addition to investing in our core business, we are
making highly selective strategic investments to augment
and strengthen our capabilities to address the future
needs of new and existing customers. These actions
include the pending acquisition of Virident and the
acquisitions of sTec and VeloBit, which collectively will
enhance the value of our offerings in enterprise solid
state storage, a fast growing, rapidly changing and highly
strategic space, and the acquisition of Arkeia Software,
which provides network backup software and appliances
to our SMB business.
We are excited about the long-term outlook for storage
and our increasingly strategic position within the
vast digital data ecosystem, and we will continue to
explore ways to enhance our value. We are a market
and customer driven company, focused on growth
and innovation. I am condent that this approach will
differentiate us as one of the world’s leading technology
companies in the years ahead.
Steve Milligan
President and Chief Executive Ofcer
September 27, 2013
$0
$200
$400
$600
$800
$1,000
FY2009 FY2010 FY2011 FY2012 FY2013
CAPITAL EXPENDITURES
Dollars in millions
$519
$778
$717
$952
$737
Capital expenditures were $952 million
during scal 2013 as we continued to invest
to support our future growth and recovered
from the Thailand ooding.
$0
$1,000
$2,000
$3,000
$4,000
$5,000
$6,000
$7,000
$8,000
FY2009 FY2010 FY2011 FY2012 FY2013
$5,488
$7,669 $7,893
$3,192
$4,709
SHAREHOLDERS’ EQUITY
Dollars in millions
Our long-term, sustained protability has
resulted in $7.9 billion of shareholders’
equity at the end of scal 2013.