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Filing tables
Filing exhibits
- 10-Q Quarterly report
- 10.1.1 Ex 10.1.1 Executive Stock Option Agreement
- 10.1.2 Ex 10.1.2 Employee Stock Option Agreement
- 10.1.3 Ex 10.1.3 Executive Stock Unit Award
- 10.1.4 Ex 10.1.4 Employee Stock Unit Award Agreement
- 10.1.5 Ex 10.1.5 Executive Performance Stock Unit Agreement
- 10.2 Ex 10.2 Non-employee Directors Rsu Program
- 10.3 Ex 10.3 Summary of Compensation Arrangements
- 10.6 Ex 10.6 Fal Extension Agreement
- 10.7 Ex 10.7 Y6 Facility Agreement
- 10.8 Ex 10.8 TSB-TMC Settlement Agreement
- 10.9 Ex 10.9 Bain Settlement Agreement
- 12.1 Ex 12.1 - Computation of Ratio of Earnings to Fixed Charges
- 31.1 Ex 31.1 - CEO Certification to Section 302
- 31.2 Ex 31.2 - CFO Certification to Section 302
- 32.1 Ex 32.1 - CEO Certification to Section 906
- 32.2 Ex 32.2 - CFO Certification to Section 906
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Exhibit 12.1
Western Digital Corporation
Computation of Ratio of Earnings to Fixed Charges
| Fiscal Year | Six months ended December 29, 2017 | ||||||||||||||||||||||
| 2013 | 2014 | 2015 | 2016 | 2017 | |||||||||||||||||||
| (in millions) | |||||||||||||||||||||||
| Computation of earnings: | |||||||||||||||||||||||
| Income before provision for income taxes | $ | 1,222 | $ | 1,752 | $ | 1,577 | $ | 153 | $ | 769 | $ | 1,484 | |||||||||||
| Fixed charges | 75 | 75 | 69 | 285 | 871 | 411 | |||||||||||||||||
| Undistributed equity in income from 50%-or-less-owned affiliates | — | — | — | (1 | ) | (6 | ) | (2 | ) | ||||||||||||||
| Adjusted earnings | $ | 1,297 | $ | 1,827 | $ | 1,646 | $ | 437 | $ | 1,634 | $ | 1,893 | |||||||||||
| Computation of fixed charges: | |||||||||||||||||||||||
| Interest expense | $ | 54 | $ | 56 | $ | 49 | $ | 266 | $ | 847 | $ | 402 | |||||||||||
| Interest relating to lease guarantee of 50%-or-less-owned affiliates | — | — | — | — | 6 | — | |||||||||||||||||
Estimated interest portion of operating lease expense (1) | 21 | 19 | 20 | 19 | 18 | 9 | |||||||||||||||||
| Fixed charges | $ | 75 | $ | 75 | $ | 69 | $ | 285 | $ | 871 | $ | 411 | |||||||||||
| Ratio of earnings to fixed charges | 17.3 | x | 24.4 | x | 23.9 | x | 1.5 | x | 1.9 | x | 4.6 | x | |||||||||||
(1) | Interest is estimated at 33% of rental charges, which considers industry benchmarks and assumption of average debt service cost over the assumed life of the related property. |