XML 41 R25.htm IDEA: XBRL DOCUMENT v3.21.2

Segment Reporting (Tables)

3 Months Ended

Oct. 01, 2021

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

The following table summarizes the operating performance of the Company’s reportable segments:

			Three Months Ended
			October 1, 2021						October 2, 2020
			(in millions)
Net revenue:
HDD			$	2,561					$	1,844
Flash			2,490						2,078
Total net revenue			$	5,051					$	3,922
Gross profit
HDD			$	792					$	483
Flash			921						548
Total gross profit for segments			1,713						1,031
Unallocated corporate items:
Amortization of acquired intangible assets			39						145
Stock-based compensation expense			9						12
Charges related to a power outage incident and related recovery			—						(30)
Total unallocated corporate items			(48)						(127)
Consolidated gross profit			$	1,665					$	904
Gross margin:
HDD			30.9		%				26.2		%
Flash			37.0		%				26.4		%
Consolidated gross margin			33.0		%				23.0		%

Schedule of Disaggregation of Revenue

The Company’s disaggregated revenue information is as follows:

			Three Months Ended
			October 1, 2021						October 2, 2020
			(in millions)
Revenue by End Market
Cloud			$	2,225					$	1,291
Client			1,853						1,750
Consumer			973						881
Total Revenue			$	5,051					$	3,922
Revenue by Geography
Americas			$	1,614					$	1,079
Europe, Middle East and Africa			762						629
Asia			2,675						2,214
Total Revenue			$	5,051					$	3,922

Schedule of Goodwill

The following table provides a summary of goodwill activity for the period.

			HDD						Flash						Total
			(in millions)
Balance at July 3, 2021			$	4,328					$	5,738					$	10,066
Foreign currency translation adjustment			—						—						—
Balance at October 1, 2021			$	4,328					$	5,738					$	10,066

X

- Definition

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130545-203045

+ Details

Name:	us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13854-109267

+ Details

Name:	us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8813-108599

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration