WDC · 8-K · 20260805PR053305
Liquidity and Debt Position
WESTERN DIGITAL CORP · 2026-08-05 · Importance 89 · Surprise 82 · From source text
Cash and cash equivalents declined to $1,579 million at July 3, 2026 from $2,114 million at June 27, 2025. Current portion of long-term debt decreased to $1,052 million from $2,226 million, while long-term debt fell to zero from $2,485 million. Total liabilities declined to $4,997 million from $8,462 million, while fiscal 2026 financing activities included $1,220 million for settlement of convertible note transactions.
Key facts
- Long-term debt at July 3, 2026: $0 million (down from $2,485 million at June 27, 2025) source
- Total shareholders’ equity at July 3, 2026: $8,864 million (up from $5,311 million at June 27, 2025) source
- Settlement of convertible notes transactions in Q4FY26: $1,220 million (also $1,220 million for the year ended July 3, 2026) source
- Costs in connection with debt and equity transactions in Q4FY26: $362 million and for the year ended July 3, 2026: $907 million source
- Current portion of long-term debt at July 3, 2026: $1,052 million (down from $2,226 million at June 27, 2025) source
- Cash and cash equivalents at July 3, 2026: $1,579 million (down from $2,114 million at June 27, 2025) source
- Accounts receivable, net at July 3, 2026: $2,026 million source
- Net decrease in cash and cash equivalents in Q4FY26: $471 million; for year ended July 3, 2026 net decrease: $535 million source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | negative | realized | -24.2% | Costs in connection with debt and equity transactions in Q4FY26: $362 million and for the year ended July 3, 2026: $907 million |
| liability | positive | realized | — | Long-term debt at July 3, 2026: $0 million (down from $2,485 million at June 27, 2025) |
| assets | positive | realized | — | Total shareholders’ equity at July 3, 2026: $8,864 million (up from $5,311 million at June 27, 2025) |
| liability | positive | realized | — | Settlement of convertible notes transactions in Q4FY26: $1,220 million (also $1,220 million for the year ended July 3, 2026) |
| cash | negative | realized | — | Settlement of convertible notes transactions in Q4FY26: $1,220 million (also $1,220 million for the year ended July 3, 2026) |
| liability | positive | realized | — | Current portion of long-term debt at July 3, 2026: $1,052 million (down from $2,226 million at June 27, 2025) |