Capital Allocation Framework slide image

Capital Allocation Framework

18 WESTERN DIGITAL CONFIDENTIAL GAAP to Non-GAAP Reconciliations In millions; unaudited GAAP Gross Profit Contamination related charges Stock-based compensation expense Amortization of acquired intangible assets Recoveries from a power outage incident Non-GAAP Gross Profit GAAP Operating Expenses Stock-based compensation expense Amortization of acquired intangible assets Employee termination, asset impairment and other charges Other Non-GAAP Operating Expenses GAAP Operating Income Cost of revenue adjustments Operating expense adjustments Non-GAAP Operating Income GAAP Interest and Other Expense, Net Non-cash economic interest and Other Non-GAAP Interest and Other Expense, Net © 2022 WESTERN DIGITAL CORPORATION OR ITS AFFILIATES ALL RIGHTS RESERVED Q4F21 $ 1,566 - Q3F22 $ 1,181 203 Q4F22 $1,445 14 13 12 38 1 $ 1,618 $ 891 (38) (65) $ 1,390 $ 857 $1,462 $883 (73) (65) (39) (39) 4 (4) (19) (2) (1) $ 790 $ 740 $760 $ 675 $ 324 $562 52 209 101 117 17 123 828 ($79) $ 650 $702 ($62) ($51) (2) (14) ($ 79) ($64) ($65)
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