Seagate Technology Holdings plc
For the period ended Dec 29, 2023. Filed Jan 26, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Dec 29, 2023 · Filed Jan 26, 2024
STX$501.62-0.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Cash Flows - Six Months Ended
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
| For the Six Months Ended | ||
|---|---|---|
| December 29, 2023 | December 30, 2022 | |
| OPERATING ACTIVITIES | ||
| Net loss | $(203) | $(4) |
| Adjustments to reconcile net loss to net cash provided by operating activities: | ||
| Depreciation and amortization | 138 | 283 |
| Share-based compensation | 55 | 62 |
| Deferred income taxes | 41 | (4) |
| Net loss (gain) on redemption and repurchase of debt | 7 | (204) |
| Other non-cash operating activities, net | (12) | 28 |
| Changes in operating assets and liabilities: | ||
| Accounts receivable, net | 150 | 692 |
| Inventories | 87 | 371 |
| Accounts payable | 54 | (919) |
| Accrued employee compensation | (14) | (145) |
| BIS settlement penalty | (15) | — |
| Accrued expenses, income taxes and warranty | (13) | 228 |
| Other assets and liabilities | 21 | 108 |
| Net cash provided by operating activities | 296 | 496 |
| INVESTING ACTIVITIES | ||
| Acquisition of property, equipment and leasehold improvements | (140) | (212) |
| Proceeds from the sale of assets | 35 | 3 |
| Purchases of investments | — | (1) |
| Net cash used in investing activities | (105) | (210) |
| FINANCING ACTIVITIES | ||
| Redemption and repurchase of debt | (1,288) | — |
| Dividends to shareholders | (291) | (292) |
| Repurchases of ordinary shares | — | (408) |
| Taxes paid related to net share settlement of equity awards | (28) | (39) |
| Proceeds from issuance of long-term debt | 1,500 | 600 |
| Proceeds from issuance of ordinary shares under employee stock plans | 44 | 29 |
| Other financing activities, net | (128) | (21) |
| Net cash used in financing activities | (191) | (131) |
| Effect of foreign currency exchange rate changes on cash, cash equivalents and restricted cash | 1 | — |
| Increase in cash, cash equivalents and restricted cash | 1 | 155 |
| Cash, cash equivalents and restricted cash at the beginning of the period | 788 | 617 |
| Cash, cash equivalents and restricted cash at the end of the period | $789 | $772 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.