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E11-23. Analyze, Forecast, and Interpret Both Income Statement and Balance Sheet Following are the income statement and balance sheet of Seagate Technology for fiscal
E11-23. Analyze, Forecast, and Interpret Both Income Statement and Balance Sheet Following are the income statement and balance sheet of Seagate Technology for fiscal 2019. SEAGATE TECHNOLOGY PLC Consolidated Statement of Income For Year Ended June 28, 2019 ($ millions) Revenue..... Cost of revenue... Product development. Marketing and administrative. Amortization of intangibles.. Restructuring and other, net. Total operating expenses.. Income from operations. Interest income. Interest expense. Other, net. Other expense, net... Income before income taxes (Benefit) provision for income taxes. Net income.... $10,390 7,458 991 453 23 (22) 8,903 1,487 84 (224) 25 (115) 1,372 (640) $ 2,012
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