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These excerpts taken from the WDC 10-K filed Aug 20, 2008. Fair
Value of Financial Instruments
The carrying amounts of cash and cash equivalents, accounts
receivable, investments, accounts payable and accrued expenses
approximate fair value for all periods presented because of the
short-term maturity of these assets and liabilities or by using
appropriate market information. The carrying amount of debt
approximates fair value because of its variable interest rate.
Table of Contents
WESTERN
DIGITAL CORPORATION
NOTES TO
CONSOLIDATED FINANCIAL
STATEMENTS — (Continued)
Fair Value of Financial Instruments The carrying amounts of cash and cash equivalents, accounts receivable, investments, accounts payable and accrued expenses approximate fair value for all periods presented because of the short-term maturity of these assets and liabilities or by using appropriate market information. The carrying amount of debt approximates fair value because of its variable interest rate.
Table of ContentsWESTERN DIGITAL CORPORATION NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued) This excerpt taken from the WDC 10-K filed Aug 28, 2007. Fair
Value of Financial Instruments
The carrying amounts of cash and cash equivalents, accounts
receivable, short-term investments, accounts payable and accrued
expenses approximate fair value for all periods presented
because of the short-term maturity of these assets and
liabilities.
This excerpt taken from the WDC 10-K filed Nov 20, 2006. Fair
Value of Financial Instruments
The carrying amounts of cash and cash equivalents, accounts
receivable, short-term investments, accounts payable and accrued
expenses approximate fair value for all periods presented
because of the short-term maturity of these assets and
liabilities. The carrying amount of the Company’s term loan
also approximates fair value.
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